jp philips:




ive not seen any sense in what you said above, attacking Cameron's administration doesn't disprove his assertion so you can spare that for your fellow propagandists,

i agree with your recommendation number one, the rest are mere fantasies, rem. Cameron never said the G8 will map out a guide line on how Nigeria will spend its money, rather you have failed to realize that Nigeria even in our abundance still depend on them for development, that is the point you missed.

Tell me one major project of this administration that is not being funded by foreign loans,

HIV/AIDS, railway projects,Electricity, roads, just mention it, these are basic infrastructures if i still remember vividly.

the time it took you to put up that sermon above, half of it could have given you a proper understanding of what the man is saying.

do you know how much IMF and sundry loans Nigeria is servicing? the 2012 budget earmarked 68billion for servicing loans alone, within this same fiscal year we have borrowed more than $10b from different sources.

trying to ratiocinate that can cause a migraine, now who owns the money you are borrowing? who owns the IMF/world bank loans you are borrowing?

how many times has Nigeria contributed to USAID/UNESCO?UNICEF at al? we are freaking at the receiving end all the time, and the owners of this money are saying that

since we can produce the richest black person in the world, since a mere gov. can be richer than a county in Europe, there is something fundamentally wrong with the same institution always coming to them cap in hand.

The G8 are going to review your access to loans and nothing more. Bro. jo saw nothing good he can do for Nigerians except subsidy removal, do you know why? because it is a requirement for more loans to be given.

your MNC fingers are the most ridiculous, you don't have problems accusing shell of not playing big daddy but you chose to forget that in the JV agreement that brought shell in the first place, someone goes home with 60% of the lot.

with shell's 40% they have succeeded in building a world class institution operating in all crannies of our hemisphere over the years yet, the man with 60% has absolutely nothing to show for it, do you blame Cameron for that?

NNPc with its subsidiary NPDC started 27years ago, today as we speak, they have managed to produce a paltry 100,000bbls/d of crude, shouldn't we be ashamed of our institutions?

its competitor in china (CNPC) this last decade has taken Africa by storm, gaining relevance outside its domain, same can be said of PETROBRAS an off shoot of a fellow developing economy spreading its tentacles and gaining relevance, here at home we have leaders either w@nking with a PIB or a crippled NNPC that cant successfully operate just one facility at owaza or oguta after so many years of disservice,cant you see that there is something fundamentally wrong with your institutions?

we accuse Shell of pollution, environmental degradation et al are they equally responsible for pipeline vandalism? kpo fire nko? Mend attacks nko? or the crude disappear once the pipeline is blown open?

oh!! i almost forgot flaring, this same shell between 2002 to 2006 launched an aggressive AGG campaign geared towards harnessing associated gases, what was NNPC's contribution towards that as the custodian of 60% in our JV agreement? let me guess, buy them beer, ask them to go secure foreign loans, then we pay them with oil later, is that how sane people do business? and you don't see something fundamentally wrong with your institutions?

you talked about better prices for African products, i don't see any sense there, we are active in OPEC where member states use demand and supply forces to regulate prices, that is oil our biggest export, what else do you want the west to do for you? beg you to mechanize your Agriculture? or you want your cassava to be more expensive because you harvested it with a matchete? when a better genetically engineered specie is littered every where looking for patronage? i don't see your point.

or they should beg you to improve your Electricity which has manacled the success of local manufacturing that would spur export, or they should stop you from collecting multiple taxes from petit businesses? or beg you to eradicate corruption the bane of loan accessibility to manufacturers? what exactly do you want them to do for you in this regard?

China realizing how much export means to its economy, keeps their currency weak at all times,which makes their goods cheaper, they didn't stop there, they have close to free shipping services for made in china goods to any destination in the world, is that too much to ask of Nigerian leaders? where is our trade blueprint for the next five years, none, and the ministry in charge of it nko? quietly sleeping. incompetence in all facets of our existence in this country.

Today, China is the world biggest manufacturers, America goes cap in hand asking them to strengthen the yuan because it is suffocating America's exports, do we really need to ask for fair prices if we are good in what we are doing?

look again at our oil, the biggest thing you export, how many indigenous companies can employ indigenous technology to extract that your oil, tell me? how many? you still run to shell, chevron etc to help you extract it then you still have mouth to talk.

your last issue about debt reduction really proved that you didn't understand what this thread is about, who will reduce your loan for you

a) the owner of the money

OR

b) the mad people in power that have no plan for the future of this country?

you are always there to beg and they are always willing to oblige you, Lagos and Abuja have permanent offices for all the donor lobbyists that are rewarded handsomely for the m0r0ns in power to perfect their patronage, who should help you in this case? does IMF tell you to service loans you did not take?

why do you need loans to fund supplementary budget when Cecelia Ibru alone has enough money to buy off a whole street in the united states, that is what the G8 members are concerned about.

five years ago, the Paris club cancelled a lot of debt for us, like you suggested, did it take us how many years to go back to square one? you paid off $12b, they forgave almost that same amount, in less than 5yrs, you have borrowed to the tune of $48b and counting.

there is something fundamentally wrong with your institutions and the G8 wants to figure it out, who knows our revolution can start from there.

Ryabcool: mumu! You are comparing a democratically elected government with military rule. And you call yourself an intellectual. Don't waste your time quoting, I won't even bother to reply you.

~Bluetooth:

Where is Beaf and the 40 laptop crew ?




What has Abati and Okupe got to say about this ?



I'm sure retardeen will also set up another committee on the G8 assault on his presidency.




Oga Maku,oya say something na.

olas2u:

The Asians also migrate abroad and that did not stop there economies.China benefited from diaspora Chinese who went back home.They also need immigrants that could had value to them as well.The other reason maybe as a result of the structures that were kept after independence.western trained people were preferred by both private and the public sector,till today you can see that effect,so people started to look up to those places for education and some never came back.

take dat: Obama is ACN, Cameron CPC and rich Bill Gate, a member of the cabal who are hell bent on embarrassing the good government of GEJ with their imperialist motivations by demanding transparency and accountability from the highly performing GEJ's government. Lol!

Symphony007: who ever said we did'nt have problems? We have monumental problems that need an all hands on deck approach by all nigerians to solve...every country has problems, south africa that you spoke of with all his wealth has the highest hiv rate worldwide, checkout the raw poverty that sits in "soweto", russia a member of that G8 is extremely corupt and has more oil than nigeria why are'nt they being asked how their money is spent? Some weeks ago the bbc carried out an experimen on the most traffic congested cities in the world, lagos toped moscow!!..yes, we have problems but we as a people, a nation has to solve them just like china did and today it is sending shock waves around the world, because once again this western nations don't have friends but interest, THEY CAN'T HELP US, WE MUST HELP OURSELVES!!!!!!!!!!!

donchris999: Are this idiots trying to come and plunder our wealth now? They have tried other ways to destabilize nigeria but it aint working. They now want to come directly to our face. They are in iraq, afghanistan, libya,kuwait and now mali. Is nigeria their next target? They only go to rich mineral resources and colonize their wealth all in the name of destabilization of such countries. please, they should do africans a favour of going to war ravaged countries like sudan and congo. Ooh, I forgot those countries don't have mineral resoources. Hmmmmm. Neo-colonialism about too creep in nigeria. Nigeria is their next target.

donchris999: Are this idiots trying to come and plunder our wealth now? They have tried other ways to destabilize nigeria but it aint working. They now want to come directly to our face. They are in iraq, afghanistan, libya,kuwait and now mali. Is nigeria their next target? They only go to rich mineral resources and colonize their wealth all in the name of destabilization of such countries. please, they should do africans a favour of going to war ravaged countries like sudan and congo. Ooh, I forgot those countries don't have mineral resoources. Hmmmmm. Neo-colonialism about too creep in nigeria. Nigeria is their next target.

Ngwakwe: Is like the contracts are not going in their favour, Chines and Russians are offering better price than the west.

Days of over-estimating the value of western contracts are over. They west should quote reasonable amount for competitive contracts.

Don't blaspheme nor intimidate our government into submission to your wills and caprices.

Abbott: Is colomental an english word?

Builder:


reading the above is like reading a comedy script. very funny

micath09: Olas2u or whoever you're, you can watch my post from today; for I'm very much occupied than to trade words like a gopher like you. Your post can undoubtedly tell this. I made it here with the help of God, by sheer hard work, dedication,and education. Besides, I can gracefully give you the address of the Orphanages homes, housing close to 50 children, which by God's Grace, I was instrumental to build in Nigeria; and supported by me over two years now. Not mentioning individuals. I'm contributing to people's lives in my small way before I left Nigeria, and still doing it till God takes my breath. Better go look for something worthwhile to keep busy and stop wasting your precious lives 24hrs on nairaland spewing trash.

Unimke_Ak:

" Mr. Congo DR is the richest country in the world in terms of natural resources"

Awoofawo:

But Congo is also one of most political unstable in the world!

Have ever wonder why, have ever read about CIA covert operations in Congo?! The reason Congo is perpetual at war with itself, is cause the insatiable thirty for cheap resources west (Slavery Incorporation)!

War is a covert weapon of the west to robs Africa of it natural wealth, don't be fool by west benevolent stance, don't they serve your interest, they are only interest in exploiting you!

It seems some of you haven't learn from history, particularly recent happening around the world.

The west ( US and its allies ) are/were the harbinger of massive suffering, genocides, economy and political exploit, every where they go/went, destruction is their wake!!!

what has the west done in any country that PDP has not done to Nigerians

Toto Licker:
All those people above who you so eloquently praised would sing a different tune when the next president emerge from their region. Some of those people would die to see Tinubu as president not withstanding the fact he holds the record for looting as a governor. Tribalism is our biggest headache.

jp philips:



what has the west done in any country that PDP has not done to Nigerians

jp philips: gues u got me all wrong. Take time to read before making comments

young man it does, let me suppose you are a sadist or perhaps a direct beneficiary of the said malfeasance,

do you know how much this country receives in aids and grants from these same people you think its not their business?

take this as an example, how can USAID give Nigeria $2b to fight malaria, yet Nigeria makes $2b in less than a week in oil sales alone.

what this great minds are trying to say is this;

they need a strategy of accountability for developing economies who still have viable sources of income, because if that is achieved they will spend less in giving them aids and grants.

the western world want to save their money and they know they can achieve that by helping developing economies fight corruption.

it is sardonic that the average Nigerian does not really understand how much they have lost in the hands of corruption, needless to point that bigotry and other social ills have blinded them completely from the obvious truth.

Now i don't want the G8 to stop there,

i want a situation where all the world creditors will blacklist Nigeria from accessing international grants and loans, This ban will be gradually lifted as soon as a responsible government is accountable as to how he spends his own money.

you cant ask the white man to help you with money when you use yours to dance "Azonto" in the market square, it is ridiculous and the G8 is now ready to deal with it.

the sour end of that road is that we pile up so much debt that even generations unborn cannot offset them. imagine where your debt is bigger than your so called foreign reserve, that is why our economy is not progressive.

Obasanjo paid off the paris club debt with $12b in raw cash, now imagine what that whooping sum could have achieved in this economy. the Govt that succeeded obasanjo did not wait 6 months to incur 2 times the Paris club debt, can you imagine that?

on a lighter note, please G8 as a personal favor to me, launch a covert operation that will disintegrate the PDP just like the soviet USSR, that will significantly reduce the level of corruption in Nigeria,

for the biggest political party in Africa to dip hands in a country's foreign reserve to pursue an election agenda, is not just a slap to the Nigerian people but also an affront to our sensibilities.
surely, Nigeria has a lot of economic terrorists and the United Nations security council should as matter of urgency invoke a near PATRIOT ACT for the annihilation of these goons that lead Nigeria

so help me God

Ijogz K: Is it their Money or Oil? Abeg free us jor,

Are we complaining?

jp philips:

young man it does, let me suppose you are a sadist or perhaps a direct beneficiary of the said malfeasance,

do you know how much this country receives in aids and grants from these same people you think its not their business?

take this as an example, how can USAID give Nigeria $2b to fight malaria, yet Nigeria makes $2b in less than a week in oil sales alone.

what this great minds are trying to say is this;

they need a strategy of accountability for developing economies who still have viable sources of income, because if that is achieved they will spend less in giving them aids and grants.

the western world want to save their money and they know they can achieve that by helping developing economies fight corruption.

it is sardonic that the average Nigerian does not really understand how much they have lost in the hands of corruption, needless to point that bigotry and other social ills have blinded them completely from the obvious truth.

Now i don't want the G8 to stop there,

i want a situation where all the world creditors will blacklist Nigeria from accessing international grants and loans, This ban will be gradually lifted as soon as a responsible government is accountable as to how he spends his own money.

you cant ask the white man to help you with money when you use yours to dance "Azonto" in the market square, it is ridiculous and the G8 is now ready to deal with it.

the sour end of that road is that we pile up so much debt that even generations unborn cannot offset them. imagine where your debt is bigger than your so called foreign reserve, that is why our economy is not progressive.

Obasanjo paid off the paris club debt with $12b in raw cash, now imagine what that whooping sum could have achieved in this economy. the Govt that succeeded obasanjo did not wait 6 months to incur 2 times the Paris club debt, can you imagine that?

on a lighter note, please G8 as a personal favor to me, launch a covert operation that will disintegrate the PDP just like the soviet USSR, that will significantly reduce the level of corruption in Nigeria,

for the biggest political party in Africa to dip hands in a country's foreign reserve to pursue an election agenda, is not just a slap to the Nigerian people but also an affront to our sensibilities.
surely, Nigeria has a lot of economic terrorists and the United Nations security council should as matter of urgency invoke a near PATRIOT ACT for the annihilation of these goons that lead Nigeria

so help me God

ROSSIKE: Hang on a second here. David Cameron and his friends can end corruption in Nigeria TODAY if they wished. All they need do is summon their various banks - Natwest, RBS, Barclays etc, and instruct them to RETURN the looted wealth sitting in their accounts not just from Nigeria, but from other countries like China, Russia, Congo etc. They can summon the bosses of Shell, Exxon Mobil, etc to account for oil proceeds and easily check the money trail - who paid what to whom, when, and how etc.

HAS CAMERON DONE ANY OF THIS?

HELL NO!

IT'S MUCH EASIER FOR HIM TO PLAY THE 'WHITE SAINT' ON THE INTERNATIONAL STAGE TO FOOL GULLIBLE NIGERIANS AND THE LIKE SUCH AS HAVE BEEN POSTING THEIR SLAVISH GARBAGE HERE.

I mean really, HOW STU.PID CAN YOU NIGERIANS BE, REALLY?

It's like an armed robber who goes around stealing, and then deposits the money and loot in his Mr Big's house. The following week Mr Big issues a statement that ''all this robbery going on is not good o! What do we do about it?''

And then some DUNCES (eg NL posters) start praising Mr Big, saying he 'cares' for the victims of those robberies. If only the robbers can stop robbing people!

I mean, HOW STUP.ID AND DUMB CAN YOU GUYS BE, REALLY? OR ARE YOU CURSED?

HOW CAN YOU TAKE THE WORDS OF CAMERON WITH EVEN THE SLIGHTEST BIT OF SERIOUSNESS??

Ryabcool: mumu! You are comparing a democratically elected government with military rule. And you call yourself an intellectual. Don't waste your time quoting, I won't even bother to reply you.