Tuesday, 5 January 2016

God Used Buhari To Save Nigeria From An Atomic Bomb




Prior to her visit to Nigeria today, MD IMF, Lagarde explained the visit will provide an opportunity to strengthen the Fund's patnership with the largest economy in SSA(Nigeria). 'Partnership ke?'
It's no new thing under the sun that the Vampire-IMF's programmes are carefully designed to retard microeconomic or social stability of less developed countries.
I was delighted wen i heard d MD said "I'm not in Nigeria to lend the govt money". Who said we wanted it in the first place??
The IMF's so-called soft loan is just a terminological deceit cos it's conditionality is highly anti-developmental. This include putting in place austerity measures in the receipient country which if adopted by Nigeria can result to serious economic mayhem - as poor infrastructure, health, education and; unemployment and high income inequality are the can of worms! Jeffrey Sachs once describe the IMF's usual prescription as "budget belt tightening to countries who are much too poor to own belts".
What elated me most is her inability to convince the president on her IMF-Nigeria project - in her words: "Given the determination and resilience displayed by the president, i dont think IMF programme is needed". I must confess the swag wey Buhari use reject the proposal sweet me wella!
Now back in 2011, this same woman made same visit to the then president and the economic team. She hailed the president on his anti-developmental policies and added to his script IMF's blood-sucking policies.

Sunday, 3 January 2016

Re: #TyrantBuhari

By Mahdi Haliru



Because of a lot of ignorant people (wailers) who are being misinformed out there, there’s need for an educated response.


For the records; before Buhari, we’ve had the highest of oil prices – at a point amounting to about $140 a barrel. Nonetheless, the then govt have made little or no savings. Instead, on focusing on that, they went further to deplete the foreign reserves and excess crude account – plus accrual of more debts. These monies were diverted to private pockets.
We’ve had more than 20,000 deaths resulted due to negligence by the relevant authorities in discharging their duties of protecting lives and property. The deaths in 2014 alone represents more than half of the total deaths. This, perhaps, was caused due to arms-lack by the military.
We’ve had $20b missing from the coffers of NNPC without the ministers of petroleum and finance being questioned and dealt with; rather, the cocky man who exposed them was sacked.
We’ve had our electricity DISCO’s supposedly privatised, but it is as if we invested more money in buying more darkness to Nigeria. On top of that, electricity tariff sky rocketed.
Despite all of its resources, Nigeria with a population of about 200 million has a huge disparity between the rich and the poor as:
-more than 70% of the total population live on less than a dollar a day
-59.2% of Nigerian households live in a single room
-40.6% of Nigerian households consume ill-treated water
-810,000 Nigerian children dies before reaching the age of 5
-300,000 Nigerian children dies of malaria every year
-10.8million primary school-aged children are out of school, and;
-an estimate of 15 million of them are working either as domestic servants, hawkers or beggers.
Now in spite of all this mess, 2 female ministers we once had spends N13bn on private jets maitainance and N250m on two cars respectively. The NASS with less than 500 people budgets N150bn and spends it all. With all of these, the govt wanted continuity.
Continuity of the aforementioned?
Nigerians said NO!! (the electioneering process is another story)
Now Buhari assumed power when oil prices which accounts for over 70% of Nigeria’s public finances has drastically fell – currently at below $35 a barrel. This makes it very difficult for the country to finance its expenses.
Nigeria currently commits over N1trn to total debt service (about 25% of the total revenue). Debt service is the total monies committed for a particular time period to cover the repayment of interest and principal on a debt.
However with all the setbacks, our military are now more equipped and more determined to get rid of terrorism of any sort as it seems they have ‘technically’ weakened the insurgents from carrying out conventional attacks. This, technically, has shown we are beginning to see the light at the end of the tunnel.
His (Buhari’s) most commendable job is the fight against corruption. His efforts to preventing the goats from the yams by locking up the barns through the TSA is really remarkable. Nigeria will now be able to garner more funds to dedicate to the fight against insurgents and other key areas of development among other things.

Despite all of these facts, some enemies of Nigeria have now resulted to raining irrelevant criticisms against PMB calling him a tyrant. This was just because of the fact that the ‘maniac’ Kanu of Biafra – who technically, is a terrorist; and the Dasukis – who, more than adequate evidences have shown diverted $2bn arms procurement monies to personal pockets – haven’t been released.
Now I imagined if Nigeria were to continue with the previous democratic-dictatorship to the current ‘tyranny’ and have come to the conclusion that if we have had made the mistake of re-electing ‘continuity’, I currently won’t be able to write this piece, instead I would have been on the run either to the coast of Libya to Europe or wherever!
I therefore urge the president that if they continue the blot insults, we introduce the ‘Idiagbon solution’. This time around, Buhari fanatics should do the doing – as for me, my Koboko is doing press-up! For every shameless action, there should be a disproportionate reaction.