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Romance / Re: 2 Men Show Up To Claim Baby After Woman Gives Birth At U.S. Hospital - Video by m1amr(m): 10:30pm On Nov 06, 2018
heheheheh US na diff case if na ds naija pesin go run
Education / Re: People's Reactions To ASUU Strike In Funny Meme Collection by m1amr(m): 10:04pm On Nov 06, 2018
falcon01:
I dont find yanbabas memes funny
I tot am d only one ooh
Crime / Re: 27-Year-Old Teacher Caught Raping 2-Year-Old Pupil In Class In Lagos by m1amr(m): 12:37pm On Aug 08, 2018
Griezwoman:
A teacher has been arrested in Lagos State for defiling a 2 year old pupil in the class room.

An Ikeja Chief Magistrates’ Court yesterday remanded the teacher, Afeez Balogun, 27, in prison following his arraignment for allegedly defiling a two year old pupil.
Chief Magistrate P. E. Nwaka remanded the accused in Kirikiri Prison pending advice from the Lagos State Director of Public Prosecutions (DPP).

Police prosecutor Christopher John said Balogun committed the offence last month at the premises of Holbrook Creche Nursery and Primary School, Gbagada, Lagos.

John said the accused invited the minor to one of the empty classrooms during school hours and assaulted her. John said;

“Balogun, thereafter, inserted his sex organ in the private parts of the girl and defiled her, ignoring her cry and shout.

“It was the accused’s co-teacher who was passing that caught him in the act and the case was reported to the owner of the school. The case was later reported at the police station.”

The sexual assault contravened Section 137 of the Criminal Law of Lagos State, 2015.

The News Agency of Nigeria (NAN) reports that the offence is punishable with life sentence.

The case has been adjourned until Aug. 30 for the DPP’s advice.


From Zenithnaija.com

More below:

https://zenithnaija.com/27-yr-old-teacher-afeez-balogun-arrested-for-defiling-2-year-old-pupil-in-classroom/

that's y God is punishing nigeria with buhari

1 Like

Crime / Re: 27-Year-Old Teacher Caught Raping 2-Year-Old Pupil In Class In Lagos by m1amr(m): 12:36pm On Aug 08, 2018
Chai end of time, every sunrise new wonder emerges.





let them divide his pcock vertically alive :PChai end of time, every sunrise new wonder emerges.





let them divide his pcock vertically alive
Politics / Re: Aminu Tambuwal Dumps APC For PDP by m1amr(m): 1:59pm On Aug 01, 2018
Buhari is king in the north no doubt. if he wins north automatic to 2023

4 Likes

Politics / Re: Aminu Tambuwal Dumps APC For PDP by m1amr(m): 1:56pm On Aug 01, 2018
I really pity tambuwal for this unwise move. he has done nothing in his state and expecting to be Nigerian president. am 101% sure he will regret it!

15 Likes

Politics / Re: Reno Omokri Embarrasses Garba Shehu Over Wrong English by m1amr(m): 10:43pm On Jul 30, 2018
ATIKUAIR:
Reno Omokiri known as one of the outstanding critic of Buhari failure policies and insecurssity in the country confronted Garbe Shehu for using wrong English to defend Buhari

It can be seen on the below tweet;

https://mobile.twitter.com/renoomokri/status/1024004448912375811
who is this fucking reno omokiri?
Celebrities / Re: Paris Jackson, Crowned 'worst Dressed' At MTV Movie & TV Awards (photos) by m1amr(m): 9:29am On May 08, 2017
Well deserved
Politics / Re: Oba Of Lagos, Akiolu Meets With Osinbajo (Photos) by m1amr(m): 10:13pm On Feb 09, 2017
The next president 2023
Politics / Re: IPOB In Solidarity March For Donald Trump by m1amr(m): 1:28pm On Jan 20, 2017
I can see another south sudan in biafra
Forum Games / Re: Which Tank Will Be Full First? by m1amr(m): 11:54pm On Jan 02, 2017
3 for 100% sure
Celebrities / Re: Top Five Worst Music Collabos between Nigerian and International Acts by m1amr(m): 6:33pm On Jul 05, 2016
Iamsynord:
In the quest for international recognition, some nigerian artistes have engaged the services of american and international artistes to feature on their tracks...
While the synergy of some have worked perfectly fine ( e.g psquare ft akon, ti, rickross, tuface ft tpain , bred ft akon etc ), Some have turned into disasters that no one ought to remember...



1) Damiduro rmx ft Akon - I dont know what Davido was thinking when he called akon to feature on this song.. It never lived up to the standard of the original track and was met with negative reactions..

2) show you the money rmx ft tyga - Here is another forgetable remix to a hit song that should never ever have happened... Wizkid really didnt do well with this remix with tyga.. sad

3) Make us proud ft Wale - And here is Olamide with Make us proud ft Wale ;( ;(..

Olamide didnt make anyone proud with this track to be honest:. Wasted feature with wale



4) i swear ft french montana - we
don dey squeeze breasts,,, na we dey carry pass.... And here comes iceprince with the worst of the worst line..... " i spend money on the things i wear . " ;(;(.. Crap

5) Scapegoat remix ft KanyeWest -

And heres Comes Dbanj who deems it fit to feature Rapper , Kanye on his highlife abi na afro pop scapegoat song... ;(;( And kanye in turn made him a scapegoat to warn other good music artist grin...



Notable mentions

wizkid ft wale -drop
dontom ft akon - flaying dollars



Written By iamsynord.. Twitter handle @ iamsynord
useless analysis mtsewww...... Nonsense
Travel / Re: Abuja-Kaduna High Speed Railway Is Ready by m1amr(m): 1:01pm On Jun 18, 2016
Goddex:
That project was long completed by GEJ govt.

This fraudulent and incompetent Buhari/APC govt keeps delaying it's take-off to give impression as if they had any input in it
then why the pdp(a year after their outing) didn't claim to have finished the project and ready for commercial use?
Nairaland / General / Re: Top 10 Countries That Dont Celebrate Christmas by m1amr(m): 8:38pm On Jun 01, 2016
Where saudi arabia dey angry
Nairaland / General / Photos Of Amaechi Test Riding Abuja-kaduna Train Service by m1amr(m): 7:58pm On Jun 01, 2016
It was a success as Minister of Transportation, Mr
Chibuike Amaechi today conducted the first test
ride of first class coach from Abuja-Kaduna.

Minister Of Transportation, Mr Chibuike Amaechi
today commissioned a first class coach of Abuja-
Kaduna train service. He along with other passengers
enjoyed the ride while test riding the coach.
The event took place at Idu Main Station to Kuchbun
at Kubwa In Abuja on Wednesday[b]It was a success as Minister of Transportation, Mr
Chibuike Amaechi today conducted the first test
ride of first class coach from Abuja-Kaduna.

Minister Of Transportation, Mr Chibuike Amaechi
today commissioned a first class coach of Abuja-
Kaduna train service. He along with other passengers
enjoyed the ride while test riding the coach.
The event took place at Idu Main Station to Kuchbun
at Kubwa In Abuja on Wednesday[/b]It was a success as Minister of Transportation, Mr
Chibuike Amaechi today conducted the first test
ride of first class coach from Abuja-Kaduna.

Minister Of Transportation, Mr Chibuike Amaechi
today commissioned a first class coach of Abuja-
Kaduna train service. He along with other passengers
enjoyed the ride while test riding the coach.
The event took place at Idu Main Station to Kuchbun
at Kubwa In Abuja on Wednesday

Politics / Sokoto: Aminu Tambuwal’s One Year In Office by m1amr(m): 1:32pm On May 30, 2016
1 Number of Special Adviser appointed by
Governor Aminu Waziri Tambuwal since he
came on board on May 29, 2015. This is part
of cost-saving measure adopted by
government considering the nation’s
precarious economic situation.

3 Micro-Finance banks to be established by
the State in the three senatorial districts of
the state. All paper works have been
completed.

4 Communities where the state contributory
health scheme has taken off. The
communities are Gagi, Shinaka, Rimawa and
Sire.

6 Hospitals approved for upgrading to
premier health facilities in various parts of
the state. Some of these projects include
repairs and renovations of the Maternity
Unit of State Specialist Hospital, Sokoto and
General Hospitals of Tangaza, Illela and
Wurno, completion of the second phase of
the Murtala Muhammad Specialist Hospital,
comprising of 47 staff houses, two wards and
landscaping. Conversion of Amanawa
Leprosarium into Infectious Diseases
Hospital, and the conversion MMSH into a
Renal and Cardiac Centre.

22 Number of major projects inherited from
previous administration and funds provided
for their completion. They include projects
in housing, energy and power (State IPP),
roads, health, rural and community
development, agriculture, water resources,
mining and building of office
accommodation for civil servants and other
public workers eg legislators.

22 Doctors and Engineers sponsored for
medical and engineering studies in foreign
universities under the Higher Education
Scheme Programme

25 Number of International Development Partners attracted
to Sokoto to work in the health sector.

213 Number of Doctors and Health Professionals engaged to
develop Sokoto State Strategic Health Plan for 2016-2020 in
collaboration with RTI/LEAD/USAID

300 Civil Servants who benefitted from Home renovation
loan guaranteed by the government, and expended through
the Federal Mortgage Bank of Nigeria (FMBN).

500 Units of houses at Kalambaina and Gidan Man Ada
inherited from the previous administration and funds
provided for their completion.

500 New teachers recruited by government to boost
manpower in secondary schools

500 New junior and mid-cadre staff employed into the state
civil service. They include drivers, messengers, mechanics
and other clerical/administrative officers.

583 Number of NOMA patients to receive free plastic
surgeries at the state Noma Children Hospital. Policy
successfully implemented in collaboration with French
health charity organisation, Medecine Sans Frontier

1000 New millionaires created in Sokoto after the payment
of retirement benefits to 1907 pensioners.

8,000 Sokoto students who benefitted from Government’s
free JAMB forms ahead of the 2016 joint admissions and
matriculations board unified tertiary institutions
adminission examinations.

6,500 Epilepsy and psychiatric patients who received free
medication from government. They were drawn from 65
wards in the 23 local government areas of Sokoto state.

9,000 Tonnes of fertilizer bought and sold to farmers at
subsidized rate for the 2015 farming season at the cost of
N1.2 billion Naira.

19,000 Estimated number of job opportunities created by
the government in the last one year. They include jobs in the
civil service, agricultural sector, mining sector and the
introduction of the new Primary Healthcare Under-One-Roof
policy. All health workers in ministries and agencies
working in the local government areas have been absorbed
into the state Primary healthcare Development Agency.

N40,000 Money paid to each of the 575 extremely poor
beneficiaries under the conditional cash transfer scheme in
Illela LGA.

100,000 Tonnes of fertiliser to be produced by the new
Ferrtiliser Company to be established in Sokoto by Prime
Gold Fertiliser Company. An MoU has already been signed
to that effect. 5,000 job opportunities will be created by the
company.

N500,000 Money given to each family of the 138 hajj
stampede victims. A breakdown of the number showed that
114 pilgrims were confirmed dead, 22 missing and two
injured but were later treated and discharged.

$250m Total money to be expended for the establishment of
a Tomato Processing Factory by Erisco Foods Limited in
Sokoto. An MoU has already been signed while land for the
project has been handed over to the company by the
Government.

N874.9m Total funds released as counterpart funding for
intervention in health along with Dangote Foundation and
Bill/Melinda Gates Foundation.

1,000,000 Children immunised from measles and other child
killer diseases in Sokoto in February 2016.

1,193,760 Enrolled pupils/students in the Basic Education
Schools for the 2015/2016 academic session in Sokoto State.

N10,000,000 Expended monthly to provide free drugs to
patients in hospitals and other health facilities in Sokoto.

N33,500,000 Expended every month by the Zakat and
Endowment Committee for the payment of N6,500 monthly
stipends to under-privileged members of the society as part
of government’s initiative to tackle extreme poverty.

N851,422,034 Expended in the expansion and complete
renovation of GGC Rabah (N301,442,835), GGMSS Illela
(N174,571,772), GSS Tureta (N241,305,893) and GGADSS
S/Birni (N134,101,534) under the school renovation and
expansion project.

N1,000,000,000 Expended in the payment of tuition/living
expenses to our students studying in various disciplines
across the globe. Presently, Sokoto has over 342 foreign
students under FULL sponsorship by the Sokoto State
Government and we have also have over 17,000 students
studying various courses in Institutions of higher learning,
within the country.

N1,194,741,000 Appropriated for the establishment of a
Boarding Secondary School in Gudu LGA. The school will
improve enrolment, retention and transition of pupils from
Primary to Secondary Schools in the Local Government and
its neighbours, such as Tangaza and Illela.

N1,207,080,000 Funds expended in the purchase of fertiliser
for the 2016 cropping season.

N1,500,000,000 Redundant funds recovered by Government
from 100 previously unknown accounts in various
commercial banks after the introduction of the Treasury
Single Account (TSA) payment system.

N1,660,000,000 Funds expended in the provision of water
pumps, seedlings, drilling tube wells and other agricultural
machineries for farmers.

N1,690,000,000 For the procurement of 1000 units of Tiller
Machines for farmers in the state.

N2,000,000,000 Money set aside by Sokoto State
Government and the Bank of Industry (BoI) as intervention
funds for the development of micro, small and medium scale
enterprises in the state.

N2,000,000,000 Another N2 billion
set aside for intervention in social
sectors for the implementation of
UNICEF’s 2016 Work Plan in
Sokoto. The sectors are education,
health, environment, sanitation and
nutrition.

N3,200,000,000 Released as
counterpart fund to fight Neglected
Tropical Diseases with Sight Savers
International.

N3,300,000,000 Investment attracted
to the state through the Niger Delta
Power Holding Company for
expansion of critical infrastructure in
the power sector.

N34,500,000,000 Allocation to education sector in the 2016
budget. It represents 29% of the total budget outlay and is
the highest of any sector.

Business / Re: Naira Exchange Rates Today by m1amr(m): 2:03pm On Apr 11, 2016
when will the budget be signed
Politics / Re: Why The N50 Charge By Fg Is Corruption In Itself by m1amr(m): 9:46pm On Jan 20, 2016
hmmm good analysis but rotten brain
Politics / Re: N2.6bn Fraud: ‘fashion Designer Got N546m From NIMASA by m1amr(m): 5:46pm On Jan 20, 2016
we ve two kinds of thieves in naija, the night and the day thieves; the gun and the pen thieves
Politics / Re: Atiku Dasuki's House Sealed By The EFCC - Pictured by m1amr(m): 11:27pm On Jan 17, 2016
how i wish dasuki knows me cool
Politics / Re: $2.1bn Arms Probe: N1trn Found In 4 Ex-service Chiefs’ Accts by m1amr(m): 4:50pm On Jan 12, 2016
:okai! Wallahi dis pple don scatter us wallahi. Thank God 4 ds change grin
Politics / Re: Abdulaziz Dauda Sentenced To Death By Hanging by m1amr(m): 9:55pm On Jan 06, 2016
Emu4life:
....Look at wat dz animal is saying.......... If not bcuz u have neglected ur bble and nw uz pastors and obama laws, hw do u compare...moreover, Muhammad is nt God, pls dnt add anytin 2 islam as u have corrupted ur deceitful religion.......and if u tink cuz Muhammad is a prophet he shuld cme and defend himsef, 4 ur information muhammad is akready resting but u can call on moses to cum and defend himsef wen insulted...........i dont even blame u, i need nt to waste my tym wit an illitrate dat wil only wait for forged sumtin and u wil collect and assimilate. Fooooooool
pls don't attack him harshly, try to make him understand the good and moral teachings of islam. he may assume that the way they take their religion is same as we do which is absolutely wrong. but remember everything needs understanding before it can be judged.
Politics / Re: Abdulaziz Dauda Sentenced To Death By Hanging by m1amr(m): 9:45pm On Jan 06, 2016
QURAN The Islamic constitution, The best among counterparts I LOVE IT
Politics / Re: 2016 Budget Presentation By Buhari At Joint Session 8th Assembly by m1amr(m): 1:02pm On Dec 22, 2015
26. Distinguished members of the National Assembly, I now present, the 2016 Budget proposals of the Federal Government. Based on the assumptions I presented earlier, we have proposed a budget of N6.08 trillion with a revenue projection of N3.86 trillion resulting in a deficit of N2.22 trillion. 27. The deficit, which is equivalent to 2.16% of Nigeria’s GDP, will take our overall debt profile to 14% of our GDP. This remains well within acceptable fiscal limits. Our deficit will be financed by a combination of domestic borrowing of N984 billion, and foreign borrowing of N900 billion totaling N1.84 trillion. Over the medium term, we expect to increase revenues and reduce overheads, to bring the fiscal deficit down to 1.3% of GDP by 2018. 28. In 2016, oil related revenues are expected to contribute N820 billion. Non-oil revenues, comprising Company Income Tax (CIT), Value Added Tax (VAT), Customs and Excise duties, and Federation Account levies, will contribute N1.45 trillion. Finally, by enforcing strict compliance with the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs, we have projected up to N1.51 trillion from independent revenues. 29. Although we are working to diversify our economy, we will not lose sight of the need to restructure the oil and gas sector which has been marred by corruption and plagued with inefficiencies. Accordingly, I have directed the Petroleum Products Pricing Regulatory Agency (PPPRA) to adjust its pricing template to reflect competitive and market driven components. We believe this can lower input costs and attain efficiency savings that will enable PPPRA to keep the selling price for all marketers of petrol at N87 per liter for now. 30. The current fuel scarcity with long queues at petrol stations all over the country causing social dislocation is very unfortunate. Government profoundly apologizes to Nigerians for this prolonged hardship and misery. It is as a result of market speculators and resistance to change by some stakeholders. Government is working very hard to end these shortages and bring fuel to the pumps all over the country. 31. I have also directed the NNPC to explore alternate funding models that will enable us to honour our obligations in Joint Ventures (JVs) and deep offshore fields. We are confident that these measures can be achieved and will lower the burden that the traditional cash calls have imposed on our budget and cash flows as well as contribute towards shoring up our national reserves. 32. To deliver our development objectives, we have increased the capital expenditure portion of the budget from N557 billion in the 2015 budget to N1.8 trillion, in the 2016 budget. Distinguished and honourable members of the National Assembly, for the first time in many years, capital expenditure will represent 30% of our total budget. In future years we intend to raise the percentage allocation for capital expenditure. 33. This is a fulfillment of our promise to align expenditure to our long-term objectives, and a sign of government’s commitment to sustainable development. This increased capital expenditure commits significant resources to critical sectors such as Works, Power and Housing – N433.4 billion; Transport – N202.0 billion; Special Intervention Programs – N200.0 billion; Defence – N134.6 billion; and Interior – N53.1 billion. These investments in infrastructure and security are meant to support our reforms in the Agriculture, Solid Minerals and other core job creating sectors of our economy. 34. We will invest to safeguard lives and property. 35. We will invest in equipping our farmers with the right tools, technology and techniques. 36. We will invest in empowering and enabling our miners to operate in a safe, secure and humane environment. 37. We will invest in training our youths, through the revival of our technical and vocational institutions, to ensure they are competent enough to seize the opportunities that will arise from this economic revival. 38. Indeed, the future looks bright. And I ask that we all work together to make this vision a reality. The 223% year on year growth in capital expenditure demonstrates our desire to make Nigeria more competitive, and start the journey to deliver sustainable development in our country. 39. In fulfillment of our promise to run a lean government, we have proposed a 9% reduction in non-debt recurrent expenditure, from N2.59 trillion in the 2015 Budget to N2.35 trillion in 2016. Furthermore, we have budgeted N300 billion for Special Intervention Programs, which takes the total amount for non-debt recurrent expenditure to N2.65 trillion. 39. As I mentioned earlier, the Efficiency Unit set up by this Administration together with effective implementation of GIFMIS and IPPIS will drive a reduction of overheads by at least 7%, personnel costs by 8% and other service wide votes by 19%. Distinguished and honourable members, this budget will be executed to provide optimum value by ensuring every naira spent by this Government, counts. 40. We will devote a significant portion of our recurrent expenditure to institutions that provide critical government services. We will spend N369.6 billion in Education; N294.5 billion in Defence; N221.7 billion in Health and N145.3 billion in the Ministry of Interior. This will ensure our teachers, armed forces personnel, doctors, nurses, police men, fire fighters, prison service officers and many more critical service providers are paid competitively and on time. 41. Distinguished and honourable members of the National Assembly, our 2016 borrowings will be principally directed to fund our capital projects. Furthermore, the sum of N113 billion will be set aside for a Sinking Fund towards the retirement of maturing loans; while N1.36 trillion has been provided for foreign and domestic debt service. This calls for prudent management on our part, both of the debt portfolio and the deployment of our hard earned foreign exchange earnings. 42. I am aware of the problems many Nigerians currently have in accessing foreign exchange for their various purposes – from our traders and business operators who rely on imported inputs; to manufacturers needing to import sophisticated equipment and spare parts; to our airlines operators who need foreign exchange to meet their international regulatory obligations; to the financial services sector and capital markets who are key actors in the global arena. 43. These are clearly due to the current inadequacies in the supply of foreign exchange to Nigerians who need it. I am however assured by the Governor of Central Bank that the Bank is currently fine-tuning its foreign exchange management to introduce some flexibility and encourage additional inflow of foreign currency to help ease the pressure. 44. We are carefully assessing our exchange rate regime keeping in mind our willingness to attract foreign investors but at the same time, managing and controlling inflation to level that will not harm the average Nigerians. Nigeria is open for business. But the interest of all Nigerians must be protected. Indeed, tough decisions will have to be made. But this does not necessarily mean increasing the level of pain already being experienced by most Nigerians. 45. So to the investors, business owners and industrialists, we are aware of your pains. To the farmers, traders and entrepreneurs, we also hear you. The status quo cannot continue. The rent seeking will stop. The artificial current demand will end. Our monetary, fiscal and social development policies are aligned. Conclusion 46. Mr. Senate President, Mr. Speaker, distinguished members of the National Assembly, in spite of the global economic uncertainties; we must remain steadfast in our commitment to steer this country back to greatness. 47. The Nigerian economy needs to move away from dependency on oil. Our growth must be inclusive. Nigerians must be part of the growth story. As a Government, we shall deliver security, jobs and infrastructure. This is the right of all Nigerians. 48. I know many people will say “I have heard this before”. Indeed, trust in Government, due to the abuse and negligence of the past, is at an all-time low. This means we must go back to basics. Our actions will speak for us. My team of dedicated, committed and patriotic Nigerians is well aware of the task ahead and I can assure you that we are taking on the challenge. 49. We will not betray the trust reposed in us. 50. We will welcome and be responsive to your feedback and criticisms. 51. We are here to serve. And indeed, Nigerians will get the service they have longed for and which they rightly deserve. 52. We as a Government cannot do it alone. We will require the support of all civil servants, the organized labour, industry groups, the press and of course, our religious and traditional institutions. This is a call for all of us to stand and serve our country. 53. This Budget represents a major step in delivering a new opportunity for Nigeria. It demonstrates our confident optimism that despite the challenging times, we have the will, resourcefulness and commitment to deliver prosperity to our people. And by the Grace of Almighty God and the sheer will and determination of the Nigerian people, we will come out stronger and more united than ever. 54. Thank you and God bless the Federal Republic of Nigeria.

1 Like

Politics / Re: 2016 Budget Presentation By Buhari At Joint Session 8th Assembly by m1amr(m): 1:00pm On Dec 22, 2015
2016 Budget Speech: “The Budget of Change” Delivered By: His Excellency, Muhammadu Buhari President, Federal Republic of Nigeria To A Joint Session of the National Assembly (on December 22, 2016) PROTOCOLS I am honoured and privileged to present the 2016 Budget proposal. This is my first address before this joint session of the National Assembly. I have come here today, not only to address members of the National Assembly, but also to speak directly to the men and women who placed us here. 2. I know the state of our economy is a source of concern for many. This has been further worsened by the unbridled corruption and security challenges we have faced in the last few years. From those who have lost their jobs, to those young people who have never had a job, to the people in the North East whose families and businesses were destroyed by insurgents, this has been a difficult period in our nation’s history, lessons that we must not forget or ignore, as we plan for the future. 3. By June 2014, oil prices averaged $112 per barrel. But as at today, the price is under $39 per barrel. This huge decline is having a painful effect on our economy. Consumption has declined at all levels. In both the private and public sectors, employers have struggled to meet their salary and other employee related obligations. The small business owners and traders have been particularly hard hit by this state of affairs. 4. Fellow Nigerians, the confidence of many might be shaken. However, I stand before you today promising that we will secure our country, rebuild our economy, and make the Federal Republic of Nigeria stronger than it has ever been. 5. The answers to our problems are not beyond us. They exist on our farmlands; our corporations; in the universities in the hearts and minds of our entrepreneurs; through the gallantry of our Armed Forces; and the resolute spirit of Nigerians, especially the youth, who have refused to give up despite all the obstacles confronting them. 6. This Budget proposal, the first by our Government, seeks to stimulate the economy, making it more competitive by focusing on infrastructural development; delivering inclusive growth; and prioritizing the welfare of Nigerians. We believe that this budget, while helping industry, commerce and investment to pick up, will as a matter of urgency, address the immediate problems of youth unemployment and the terrible living conditions of the extremely poor and vulnerable Nigerians. 7. In the medium to longer term, we remain committed to economic diversification through import substitution and export promotion. This will build resilience in our economy. It will guarantee that the problems we have today, will not confront our children and their children. This shall be our legacy for generations to come. 2015: A Year of Global and Domestic Challenges 8. Today, it is widely acknowledged that the global economy has slowed down. This is particularly the case with emerging markets such as Nigeria. However, despite the weak emerging market growth rates, our domestic security challenges, declining oil prices, and the attendant difficulties in providing foreign exchange to meet market demands, the Nigerian economy grew by 2.84% in the third quarter of 2015. 9. We have, and will continue to implement strategies that will maintain macroeconomic stability and manage the oil price shocks we are experiencing. 10. Upon the inauguration of this administration on 29th May 2015, we engaged key stakeholders from various sectors of our economy and interfaced with the heads of Ministries, Departments and Agencies (MDAs) in order to understand the true state of our nation. What we found prompted us to take certain strategic decisions. 11. On the economy, we injected new leadership at the helm of our revenue generating agencies including the Federal Inland Revenue Service (FIRS), Nigerian National Petroleum Corporation (NNPC), Nigerian Communications Commission (NCC), and the Nigerian Customs Service (NCS). We implemented the Treasury Single Account (TSA) which, so far, has provided greater visibility of Government revenues and cash flows. We intervened to support States to navigate their fiscal challenges by restructuring their commercial bank loans and by providing facilities to enable them to pay salary arrears. 12. We have demonstrated a strong will to fight corruption. I am sure you will agree that the sheer scale of corruption and impunity of the past explains in part, the economic challenges we now face. On these initiatives, and the many more to come, we shall not be deterred. We will pursue the recovery of everything that belongs to the people of Nigeria. No matter where it is hidden. No matter how long it will take. 2015 Budget Performance 13. Distinguished and honourable members of the National Assembly, I now present a review of the 2015 Budget. That Budget was based on a benchmark oil price of $53 per barrel, oil production of 2.28 million barrels per day and an exchange rate of N190 to the US$. 14. The projected revenue was N3.45 trillion, with an outlay of N4.49 trillion, implying a deficit of N1.04 trillion. Due largely to under-provisioning by the previous administration for fuel subsidy and the costs required to support the military operations in the North East, the Government had to obtain National Assembly’s approval for a supplementary budget of N575.5 billion. I take this opportunity to thank all members of the National Assembly for the prompt passage of that Bill. 2016: Budget Assumptions 15. After reviewing the trends in the global oil industry, we have set a benchmark price of $38 per barrel and a production estimate of 2.2 million barrels per day for 2016. We have focused on non-oil revenues by broadening our tax base and improving the effectiveness of our revenue collecting agencies. 16. Also, with the full implementation of the Treasury Single Account, we expect significant improvements in the collection and remittance of independent revenues. To further support the drive for increased remittances, we will ensure that all MDAs present their budgets in advance, and remit their operating surpluses as required by section 22 of the Fiscal Responsibility Act. 17. We are determined to ensure that our resources are managed prudently and utilized solely for the public good. To set the proper tone, one of our early decisions was the adoption of a zero based budgeting approach, which ensures that resources are aligned with Government’s priorities and allocated efficiently. This budgeting method, a clear departure from previous budgeting activities, will optimize the impact of public expenditure. 18. In addition to the proper linkage of budgeting to strategic planning, we are enhancing the utilization of the Government Integrated Financial Management Information Systems (GIFMIS) to improve financial management. The recently established Efficiency Unit is working across MDAs to identify and eliminate wasteful spending, duplication and other inefficiencies. We engaged costing experts to scrutinize the 2016 budget proposals. They have already identified certain cost areas that can be centralized for economies to be made. 19. We have directed the extension of the Integrated Personnel Payroll Information System (IPPIS) to all MDAs to reap its full benefits. We will also strengthen the controls over our personnel and pension costs with the imminent introduction of the Continuous Audit Process (CAP). These initiatives will ensure personnel costs are reduced. Our commitment to a lean and cost effective government remains a priority, and the initiatives we are introducing will signal a fundamental change in how Government spends public revenue. 2016: Laying the Foundation for Sustainable Growth 20. The 2016 budget, as outlined, is designed to ensure that we revive our economy, deliver inclusive growth to Nigerians and create a significant number of jobs. 21. We aim to ensure macroeconomic stability by achieving a real GDP growth rate of 4.37% and managing inflation. To achieve this, we will ensure the aligning of fiscal, monetary, trade and industrial policies. 22. As we focus on inclusive growth, we are conscious of the current rate of unemployment and underemployment. This is a challenge we are determined to meet; and this budget is the platform for putting more Nigerians to work. I can assure you that this administration will have a job creation focus in every aspect of the execution of this budget. Nigeria’s job creation drive will be private sector led. We will encourage this by a reduction in tax rates for smaller businesses as well as subsidized funding for priority sectors such as agriculture and solid minerals. 23. As an emergency measure, to address the chronic shortage of teachers in public schools across the country, we also will partner with State and Local Governments to recruit, train and deploy 500,000 unemployed graduates and NCE holders. These graduate teachers will be deployed to primary schools, thereby, enhancing the provision of basic education especially in our rural areas. 24. We also intend to partner with State and Local Governments to provide financial training and loans to market women, traders and artisans, through their cooperative societies. We believe that this segment of our society is not only critical to our plan for growing small businesses, but it is also an important platform to create jobs and provide opportunities for entrepreneurs. 25. Furthermore, through the office of the Vice President, we are working with various development partners to design an implementable and transparent conditional cash transfer program for the poorest and most vulnerable. This program will be implemented in phases. Already, the compilation of registers of the poorest persons is ongoing. In the coming weeks, we will present the full programme, which will include our home-grown public primary school feeding and free education for science, technology and education students in our tertiary institutions. Indeed, this will mark a historic milestone for us as a nation.
Politics / Re: El-Rufai Dines With Aliko Dangote And john Oyegun At Lagos Event by m1amr(m): 8:23pm On Dec 06, 2015
biafranqueen:
God forbid!!
So you people are still thinking that APC can win an election after these major mess up your on a long one Bros...
everybody knows the 7 months of apc far better than 16 years of pdp, talkless of apc to do 1 tenure, it will be nigerias best leadership era.
Sports / Re: Nigerians Expelled From Senegal Stadium For Displaying Biafra Flags by m1amr(m): 2:11pm On Dec 06, 2015
Hizzy:
they are Jobless who's to blame federal government
. thank God se na d biafran make dem jobless (jona)
Politics / Re: Buhari Arrives Nigeria From The China-africa Summit In South Africa (Pics) by m1amr(m): 12:32pm On Dec 06, 2015
welcome back home chief boss smileywelcome back home chief boss

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