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Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) (9077 Views)

I Inherited ₦85bn, $587m Debts, Can’t Pay Salaries Now: Kaduna Governor Uba Sani / Wike Rejects ₦85bn Wasa Housing Contract That Masses Can't Afford / Yuguda: A Certain President Chose Not To Remove Subsidy To Protect His Life (2) (3) (4)

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Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by buhariguy(m): 10:40pm On Oct 15, 2018
Wiseandtrue:

Buhari keep giving us every reason to AtikulateObi come 2019! wink
is like you are kid, you don't know when Pdp pay double subsidy, they will collect 2.6tr naira from budget to pay fraudsters that import empty vessels and you will still pay 250 naira for scarce petro.
Pdp are evil, they were too wicked .
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Wiseandtrue(f): 10:56pm On Oct 15, 2018
buhariguy:
is like you are kid, you don't know when Pdp pay double subsidy, they will collect 2.6tr naira from budget to pay fraudsters that import empty vessels and you will still pay 250 naira for scarce petro.
Pdp are evil, they were too wicked .
At least we are paying N87 per litre unlike now that we are still paying subsidy and the pump price is N145 undecided

5 Likes

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by AngelicBeing: 11:00pm On Oct 15, 2018
bedspread:
MY FATHER!!
And we were made to Understand that There is Nothing like Subsidy!!

One should be careful of what comes out from our Tongues!!!

It is Certified That The Whole Change stuff and Pmb was a CERTIFIED SCAM!!

My verdict Below:
cool

1 Like

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by XaintJoel20: 11:06pm On Oct 15, 2018
buhariguy:
what is the concern of the jobless aggressive lazy idiotic pigs of bia-fra terrorist if subsidy is a scam, the same way terrorist nnamdi kanu scam you.
Nothing like subsidy, it is called under recovering.
Gone are those corrupt days where everyone becomes fuel importer just to scam ineffectual buffoon.

Why did you exchange your senses for 30 Naira BMC monthly allowance

#Vermin...

6 Likes 1 Share

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by buhariguy(m): 11:07pm On Oct 15, 2018
Wiseandtrue:

At least we are paying N87 per litre unlike now that we are still paying subsidy and the pump price is N145 undecided
87 naira? That is a big lie.
87naira was official but nobody ever bought fuel @ 87naira, it was always above 87naira couple with scarcity.
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by SarkinYarki: 11:21pm On Oct 15, 2018
buhariguy:
is like you are kid, you don't know when Pdp pay double subsidy, they will collect 2.6tr naira from budget to pay fraudsters that import empty vessels and you will still pay 250 naira for scarce petro.
Pdp are evil, they were too wicked .

Shut up it's on record that Buhari is paying two times subsidy per year than what happened under Jonathan and secondly where is Buhari getting the money from when there isbno single appropriation ....when the new president comes in Next year people must be jailed over this

2 Likes

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by cooltola(m): 12:17am On Oct 16, 2018
YoungLionken:
*BUHARI'S LEGACIES OF WOES, AGONIES, MISERIES AND INJUSTICES.*
*".....History never dies and the truth is always constant.".* - Author.
For the avoidance of doubt the following are the legacies of retired General Mohamadu Buhari as the maximum ruler of Nigeria between 1983 and 1985 and as the Executive President of Nigeria since 2015. All of these atrocities are in public domain, but it is important that once again, they are recorded for history.
1. Buhari’s overthrowing of the National Party of Nigeria (NPN) in 1983 was to checkmate the possible angst against the ruling oligarchy who are of his ethnic stock and keep the rest of Nigeria in bondage
2. To prove that Buhari’s objective was to protect his Hausa/Fulani oligarchy to the detriment of other ethnic nationalities in Nigeria, he dealt with politicians from his part of the country with “glove hands” and gave politicians of other regions “bare knuckles.” The following are examples:
a) He detained *President Shehu Shagari* in a guest House and remanded *Dr. Alex Ekwueme,* the Vice President in Kirikiri Maximum Prisons. Yet, they were both the leaders of the NPN led government that has just been overthrown. What offence could have Ekwueme committed that Shagari could not have done worse?
b) Buhari sent his goons to ransack the home of *Chief Obafemi Awolowo.* This was aimed at insulting the sensibilities of the Yoruba Nation by disrespecting and embarrassing their Hero and Liberator from poverty and want. Chief Awolowo was not a member of the party in power that has just been overthrown. He was not in government at any level, yet he had to be subjected to such unwarranted, politically and ethnically motivated vendetta.
c) He ordered *Pa Adekunle Ajasin,* former Governor of the old Ondo State to be retried two times when they could not find anything against him. This meant that the old man was tried three times unfairly. That is against the legal concept of double jeopardy frowned at by Law.. Buhari ordered Pa Ajasin to be detained regardless of the fact that the old man was squeaky clean. His unfair detention impaired the old man’s health and led to early death for him. When this Honorable man died, he had only one old bungalow that he built as a teacher and principal in Owo town, well before he became the governor, to his name.
d) He detained *Professor Ambrose Ali* of Bendel State in an inhuman condition to the point that the esteemed Professor became blind and died shortly after he was released. Not a single Kobo was traced to his account. He stole nothing. When the Professor died, he had only one undeveloped plot of land to his name and no money in his account.
e) His detention of *Chief Ayo Ojewumi* led to the blindness of the man. Buhari refused to let the man receive medical treatment until he completely went blind. Chief Ojewumi died exactly 28 days after he was released from Buhari’s gulag. He was never found to have stolen a dime. He was not found to have been corrupt by Buhari's Tribunal.
f) Buhari refused to allow *Chief Bisi Onabanjo,* the governor of Ogun State to have access to medical treatment in detention. He treated the man as a criminal and shortened the life of the esteemed governor. No stolen money was traced to him in any way. He was never corrupt.
g) *Chief Jim Nwobodo, Chief Bola Ige, Chief Lateef Jakande, Chief Sam Mbakwe* and several other southern politicians were given unreasonable sentences ranging from 100 years to 250 years without any proof of corruption against them except they were all Southerners. Meanwhile, *Governor Awwal Ibrahim* of Niger State who was caught in Heathrow Airport in London with *14 million pounds and several millions in dollars and Naira,* was detained in a guest house.
2. Buhari jailed *Fela Anikulapo-Kuti,* on trumped up charges, allegedly as an economic saboteur with the legal backing of the Miscellaneous Offences *Decree No. 20 of 1984,* for having less than 10,000 dollars in his possession on his way out of the country. The judge in the case later apologized and confessed that he was ordered to jail the famous Musician regardless of his innocence. The Buhari junta would later say publicly that it “decided to deal with this Fela problem once and for all.”
3. Buhari instructed his ADC, *Major Mustapha Jokolo* to smuggle *53 suit cases,* allegedly stuffed with foreign currency, through Murtala Mohammed Airport against the protests of *General Tunde Idiagbon and Alhaji Abubakar Atiku,* who was then Acting Director General of the Customs and later became the Vice President, presently the Presidential Candidate of the PDP. B uhari's act was a case of all animals are equal, but some are more equal than others. The same retired Major Jokolo, now the Emir of Gwandu knew about the coup that swept out Buhari from office, but didn't inform him.
4. The change of color of the nation's currency notes (except the fifty kobo note) in April 1984, allegedly to stop currency trafficking. The exercise rendered almost half of the estimated N6 billion of had earned money of ordinary Nigerians, worthless at the expiration of the change.
5. Buhari enacted *Public Officers (Protection Against False Accusation) Decree 4 of 1984* with which he jailed *journalists Nduka Irabor and Tunde Thompson for writing the truth.* He said publicly that it did not matter if any of the journalists wrote the TRUTH, as long as he and his junta did not like it, the writers would go to jail. This casted Buhari as someone who never cares about the truth and a vindictive person. We have all seen further evidences of this in the last three and half years.
6. He cancelled the *METROLINE PROJECT* that *Governor Lateef Jakande* embarked upon as a vendetta against the Yoruba people. He chose rather to pay a fine of $60 million rather than guarantee $100million needed for the completion of the project. Soon after, he procured several Airplanes for the Nigeria Airways costing several millions. So, it was not an issue of non-availability of money.
7. He put in place *a retroactive law* with which he murdered three innocent men: Lawal Ojuolape (30), Bernard Ogedengbe (29) and Bartholomew Owoh (26), by public execution. Buhari did not allow them to go through the judicial system. He never respected the laws of the land. *Article 11.2 of the Universal Declaration of Human Rights* reads: *"No one shall be held guilty of any penal offence on account of any act or omission WHICH DID NOT CONSTITUTE A PENAL OFFENCE, under national or international law at the time when it was committed. NOR SHALL A HEAVIER PUNISHMENT BE IMPOSED THAN THE ONE THAT WAS APPLICABLE AT THE TIME THE PENAL OFFENCE WAS COMMITTED."* Only a soulless person would do something like that to his fellow human beings.
8. Buhari is the first Nigerian to be involved in stolen fund to the tune of billions. *$2.8billion dollars of our money disappeared from NNPC under Buhari, when he was the Minister of Petroleum.* This money was investigated by the Nigerian Senate under the leadership of the then *Senate Leader, Senator Olusola Saraki,* the father of the current Senate President. Part of the money was allegedly traced to Buhari's Lloyd's Bank account in London.
9. He convinced all the northern political leaders against allowing the National Identity Card program because according to him, this would unravel *the myth of Northern population majority.*
10. He is an Islamic fundamentalist, *the Bin Laden of Nigeria,* who told his northern followers never to vote for anyone who was not a muslim.
11. He is a coup plotter.
12. He has never been able to account to Nigerians what he did with the *135 billion Naira of the Petroleum Trust Fund* of which he was the chairman under Sani Abacha.
13. He was in full support of all the atrocities of Sani Abacha against the Nigerian people. There is no single record of his criticism of Sani Abacha during those dark days when Nigeria was on precipice. It shows that he is a patriot of convenience and as such not fit to lead the country. He was later to say publicly, *on the tenth anniversary of Sani Abacha’s death that Sani Abacha never stole anything from Nigeria.* Yet, he is receiving Abacha looks and spending them.
14. *The Human Rights Violation and Investigation Commission (HRVIC) headed by Honorable Justice Chukwudifu Oputa* an eminent jurist, was insulted and disrespected by Buhari who refused to appear before it. He refused to come up and defend the evidences of the $2.8 billion reportedly traced to him and his violation of human rights. His message to Nigerians is that he (Buhari) is above the law and could not be held accountable.
15. He made Nigerians to go through the agony of having to scavenge and scamper for what was described as “essential commodities” such as milk, sugar and other diary products, thus creating emergency wealth for those who were very connected with his government. In the History of Nigeria, *Nigerians have never had to queue up to get food except under Mohammadu Buhari in 1984/1985.*
16. In 2011, he incited violence across the country, especially the North of Nigeria for losing elections. The violence led to the loss of several innocent lives many of whom were Youth Corp members. He has never apologized for that atrocity.
17. He publicly defended the Islamic fundamentalist group called *Boko Haram.* As the leader of his political party, Congress for Progressive Change, ( CPC), he granted an interview on *Liberty Radio in June 2013* in which he criticized *President Goodluck Jonathan* for being too harsh on the destructive and murderous Islamic fundamentalist group. He said that an attack of Boko Haram was an attack on the North of Nigeria. He railed against state of emergency in Borno, Yobe and Adamawa put in place for security reasons.
17. As soon as he became President in 2015, Buhari had let loose his *FULANI tribesmen* on several parts of the country *to murder, maim, rape, burn, destroy and visually record their crimes without let or hindrance.* Despite the fact that the umbrella organization for these Herdsmen, *Miyyetti Allah have admitted several times* being responsible for these atrocities, they walk around free, unmolested. Meanwhile, the *IPOB,* a self determination group that never hurt a fly were militarily routed via operation Python.
18. *Buhari has been shielding, defending and protecting corruption and those committing it under his Government.* He has even written letters to the Nigerian Senate to defend some of them. The list include the following:
a) *Rotimi Amaechi, Minister of Transport;*
b). *Kayode Fayemi, erstwhile Minister of Solid Minerals Development and the rigged-in Governor - Elect of Ekiti State;*
c). *Babichir Lawal, former Secretary to the Federal Government;*
d). *Abba Kyari, Chief of Staff to the President;*
e). *Yusuf Buratai, Chief of Army Staff;*
f). *Abdulrahman Bello Dambazzau, Minister of Internal Affairs;*
g). *Adams Oshiomhole, Chairman of the President's Party, APC and former Governor of Edo State;*
h). *Abdulrasheed Maina, former Chairman of the Presidential Task Force on Pension Reforms;*
i). *Maikanti Baru, Group Managing Director of NNPC;*
j). *Usman Yusuf, the Executive Secretary, National Health Insurance Scheme* and many others too numerous to count.
19. Buhari increased the pump price of petrol from NGN 85 to NGN 145
20. He further devalued Naira from about NGN 185 to about NGN 360.
21. So far over 9.3 million Nigerians have lost their jobs since Buhari became President in 2015
The above listed legacies of President Mohammadu Buhari are just a tip of the iceberg. They just have to be limited to this for now, because of time.
Lies never last, History never dies and the truth is always constant.
© Younglionken

1) The reason why the economy is down is the fall of oil price per gallon/ barrel globally especially in the year 2015. There was less revenue from oil products which equals bad economy which is not fully Buhari fault. Today is barely above $75 per gallon

2) By the time Buhari entered office, oil per barrel was less than $50 which was not good for any OPEC countries economically. You can read about Venezuela at https://www.bbc.com/news/world-latin-america-36319877

3) I blame bad management by our government especially PDP who had the chance to turn things around. Oil prices per gallon was high from 2010 to 2014 and there was huge revenues from oil .

3) The Nigerian bad economy is a result of massive looting of national money and corruption in a grand scale. The money meant to be saved for famine was looted and nothing was left by the time Buhari and APC took over.


4) If Nigeria do not tackle corruption now, Nigeria will become the next Sudan or worse. How can a country go forward when 20 billions dollars or more unreported disappeared during Sanusi's time in Central Bank of Nigeria and there was no massive protest. Only few are arrested and many of the same politicians are campaigning to get elected again.

6) Our Naira devalue because there was no money in the federal reserve by the time Buhari got elected. Nothing was saved, all the money were spend by numerous governors, senators, and gone.

7) Buhari unfortunately happened to be in power when Nigeria economy is at worst at the year 1984 and 2015 which is a bad signs.

cool Many of the elected politicians are not patriotic and could careless about Nigeria e.g. They are only after the pockets, and ambitions. Do you know that Nigeria senators are among the highest paid in the world. Do you honestly believe Saraki is not corrupt and many more in the legislative branch are doing good job representing the average Nigerians. If the money that goes to Nigeria senate is cut by half, it can help reduce the current level of unemployment by a huge margin.

1 Like

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by AtikuDeman: 12:25am On Oct 16, 2018
I don't think if we can ever have a govt as useless as this again, in buhari's words "i don't know what subsidy is" yet he keeps on paying more than we have ever paid before without even budgeting for it.

My spirit, soul and body are tired of this govt.
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Nobody: 12:58am On Oct 16, 2018
buhariguy:
what is the concern of the jobless aggressive lazy idiotic pigs of bia-fra terrorist if subsidy is a scam, the same way terrorist nnamdi kanu scam you.
Nothing like subsidy, it is called under recovering.
Gone are those corrupt days where everyone becomes fuel importer just to scam ineffectual buffoon.

Sure you do not have any academic degree. Who pays for the under recovery sir? If government, then it is SUBSIDY sir! It is like calling a "gateman", Security officer.

3 Likes

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Yankee101: 1:00am On Oct 16, 2018
See thieving abeg.
Atedola
Adenuga
TY Danjuma
Past Presidents
Dantatas (Dangote Family)
Tinubu

How will we ever progress?
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Blue3k(m): 2:04am On Oct 16, 2018
These guys are burning through cash since they dont want to submit to market forces. They want strong currency and want low oil prices. The issues with Nigerian economy are structural. They need refining and manufacturing capacity, allowing currency to float, stop multiple exchange rates. It gets boring rattling off same suggestions everyone knows they arent interested in.

1 Like

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by MallamJackson(m): 2:39am On Oct 16, 2018
buhariguy:
what is the concern of the jobless aggressive lazy idiotic pigs of bia-fra terrorist if subsidy is a scam, the same way terrorist nnamdi kanu scam you.
Nothing like subsidy, it is called under recovering.
Gone are those corrupt days where everyone becomes fuel importer just to scam ineffectual buffoon.


Kindly read again what you've posted.

This exactly is only obtainable when nobility and morality are thrown to the dogs.


Shame!


Ko mutuwa zakuyi sai tsohon nan ya koma daura!
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by mushystuff: 2:45am On Oct 16, 2018
Ok? That's all? You mo see nonsense to use support your corrupt Bubu abi?
buhariguy:
OK
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by mushystuff: 2:48am On Oct 16, 2018
niyidenrele:
"The major problem of the PDP is not corruption but lie telling. They tell lies effortlessly."
Omisore
You can't know PDP more than this man.

What's the connection between the op and the crap you just typed?
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by MallamJackson(m): 2:49am On Oct 16, 2018
niyidenrele:
"The major problem of the PDP is not corruption but lie telling. They tell lies effortlessly."
Omisore
You can't know PDP more than this man.


A man who sold his support to the highest bidder regardless how his state fairs there after?

Also you're saying the article is lieying about the current subsidy being doled out?

Some things are indeed contagious!

#slowMinds


Project back2daura is on course our freedom is on the horizon
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Koralords: 5:42am On Oct 16, 2018
This country should be w case study for uselessness and bad leadership ....how can we still be importing fuel at this age ...and the Saint Buhari can not ban importation and upgrade how refineries or build new onces ...ban importation and ensure local refining and all hard currencies used for importation and subsidies would Inprove the life of slot of Nigerians ...he can't cos he is also benefitting from the system
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by ivandragon: 6:02am On Oct 16, 2018
cooltola:


1) The reason why the economy is down is the fall of oil price per gallon/ barrel globally especially in the year 2015. There was less revenue from oil products which equals bad economy which is not fully Buhari fault. Today is barely above $75 per gallon

2) By the time Buhari entered office, oil per barrel was less than $50 which was not good for any OPEC countries economically. You can read about Venezuela at https://www.bbc.com/news/world-latin-america-36319877

3) I blame bad management by our government especially PDP who had the chance to turn things around. Oil prices per gallon was high from 2010 to 2014 and there was huge revenues from oil .

3) The Nigerian bad economy is a result of massive looting of national money and corruption in a grand scale. The money meant to be saved for famine was looted and nothing was left by the time Buhari and APC took over.


4) If Nigeria do not tackle corruption now, Nigeria will become the next Sudan or worse. How can a country go forward when 20 billions dollars or more unreported disappeared during Sanusi's time in Central Bank of Nigeria and there was no massive protest. Only few are arrested and many of the same politicians are campaigning to get elected again.

6) Our Naira devalue because there was no money in the federal reserve by the time Buhari got elected. Nothing was saved, all the money were spend by numerous governors, senators, and gone.

7) Buhari unfortunately happened to be in power when Nigeria economy is at worst at the year 1984 and 2015 which is a bad signs.

cool Many of the elected politicians are not patriotic and could careless about Nigeria e.g. They are only after the pockets, and ambitions. Do you know that Nigeria senators are among the highest paid in the world. Do you honestly believe Saraki is not corrupt and many more in the legislative branch are doing good job representing the average Nigerians. If the money that goes to Nigeria senate is cut by half, it can help reduce the current level of unemployment by a huge margin.







its interesting how people keep saying oil prices were high during GEJ's time & how he didn't save.


these same people never say that as from 2011/2012, the us , the major buyer of Nigerian crude, drastically reduced its crude import.


https://www.eia.gov/todayinenergy/detail.php?id=5770
http://www.thisdaylive.com/articles/obama-we-don-8217-t-need-energy- from -africa/151925/


from 1.3m bpd (out of 2.2m bpd produced) imported from nigeria in 2011, it reduced this to 600,000 bpd by 2012 & almost zero bpd by 2014.


http://www.fahamu.org/ep_articles/emerging-and-existing- oil -and-gas-opportunities-in-sub-saharan-africa/


http://allafrica.com/stories/201412220407.html


http://www.thescoopng.com/2014/06/05/ us -
stops-importing-nigerian-crude- oil /


by 2016, us started buying Nigerian crude oil again in commercial quantities...


http://punchng.com/ us -increases- imports-of-nigerian- oil -by-287/


https://www.vanguardngr.com/2016/04/ us -importing- nigeria-crude- oil /


by the time pmb got into office, the GEJ administration had done a lot of ground work to get new markets for nigeria's crude, so pmb did not suffer the loss of buyers as much as GEJ's administration.


mind you, GEJ had to contend with higher crude
oil prices, keeping the exchange rate low & paying subsidy on fuel at premium prices...


pmb had lower prices, more market share for crude, let the exchange rate burden be borne by Nigerians & increased fuel prices despite the lower crude oil prices.


so in essence, GEJ never really enjoyed the increased crude oil prices & it is past time that the records be put straight...

2 Likes

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Justinah4real(f): 6:15am On Oct 16, 2018
bedspread:
MY FATHER!! And we were made to Understand that There is Nothing like Subsidy!!
One should be careful of what comes out from our Tongues!!!
It is Certified That The Whole Change stuff and Pmb was a CERTIFIED SCAM!!
My verdict Below:

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Omooba77: 6:16am On Oct 16, 2018
buhariguy:
what is the concern of the jobless aggressive lazy idiotic pigs of bia-fra terrorist if subsidy is a scam, the same way terrorist nnamdi kanu scam you.
Nothing like subsidy, it is called under recovering.
Gone are those corrupt days where everyone becomes fuel importer just to scam ineffectual buffoon.

Why do you love seeing everyone as pigs. Please check yourself sir. Do you people have conscience to reason about the plight of common man or you just love being paid for defending lies. Time is a Judge saaa
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by BIAFRONIGERIAN(m): 6:17am On Oct 16, 2018
NotBeenPaid:




When Ajuri asked Festus Kayamo if APC isn't paying fuel subsidy on Channels TV today, Festus was busy stammering/blabbing and kept redirecting Ajuri to check Google!






I tire for this govt, he was Just blabbing that there's no subsidy. Its like they think all Nigerians are zombified
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by TareWiz: 6:29am On Oct 16, 2018
so fuel subsidy still dey? fuel subsidy na SCAM, nor bi so dem talk am?
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Chukazu: 6:33am On Oct 16, 2018
YoungLionken:
*BUHARI'S LEGACIES OF WOES, AGONIES, MISERIES AND INJUSTICES.*
*".....History never dies and the truth is always constant.".* - Author.
For the avoidance of doubt the following are the legacies of retired General Mohamadu Buhari as the maximum ruler of Nigeria between 1983 and 1985 and as the Executive President of Nigeria since 2015. All of these atrocities are in public domain, but it is important that once again, they are recorded for history.
1. Buhari’s overthrowing of the National Party of Nigeria (NPN) in 1983 was to checkmate the possible angst against the ruling oligarchy who are of his ethnic stock and keep the rest of Nigeria in bondage
2. To prove that Buhari’s objective was to protect his Hausa/Fulani oligarchy to the detriment of other ethnic nationalities in Nigeria, he dealt with politicians from his part of the country with “glove hands” and gave politicians of other regions “bare knuckles.” The following are examples:
a) He detained *President Shehu Shagari* in a guest House and remanded *Dr. Alex Ekwueme,* the Vice President in Kirikiri Maximum Prisons. Yet, they were both the leaders of the NPN led government that has just been overthrown. What offence could have Ekwueme committed that Shagari could not have done worse?
b) Buhari sent his goons to ransack the home of *Chief Obafemi Awolowo.* This was aimed at insulting the sensibilities of the Yoruba Nation by disrespecting and embarrassing their Hero and Liberator from poverty and want. Chief Awolowo was not a member of the party in power that has just been overthrown. He was not in government at any level, yet he had to be subjected to such unwarranted, politically and ethnically motivated vendetta.
c) He ordered *Pa Adekunle Ajasin,* former Governor of the old Ondo State to be retried two times when they could not find anything against him. This meant that the old man was tried three times unfairly. That is against the legal concept of double jeopardy frowned at by Law.. Buhari ordered Pa Ajasin to be detained regardless of the fact that the old man was squeaky clean. His unfair detention impaired the old man’s health and led to early death for him. When this Honorable man died, he had only one old bungalow that he built as a teacher and principal in Owo town, well before he became the governor, to his name.
d) He detained *Professor Ambrose Ali* of Bendel State in an inhuman condition to the point that the esteemed Professor became blind and died shortly after he was released. Not a single Kobo was traced to his account. He stole nothing. When the Professor died, he had only one undeveloped plot of land to his name and no money in his account.
e) His detention of *Chief Ayo Ojewumi* led to the blindness of the man. Buhari refused to let the man receive medical treatment until he completely went blind. Chief Ojewumi died exactly 28 days after he was released from Buhari’s gulag. He was never found to have stolen a dime. He was not found to have been corrupt by Buhari's Tribunal.
f) Buhari refused to allow *Chief Bisi Onabanjo,* the governor of Ogun State to have access to medical treatment in detention. He treated the man as a criminal and shortened the life of the esteemed governor. No stolen money was traced to him in any way. He was never corrupt.
g) *Chief Jim Nwobodo, Chief Bola Ige, Chief Lateef Jakande, Chief Sam Mbakwe* and several other southern politicians were given unreasonable sentences ranging from 100 years to 250 years without any proof of corruption against them except they were all Southerners. Meanwhile, *Governor Awwal Ibrahim* of Niger State who was caught in Heathrow Airport in London with *14 million pounds and several millions in dollars and Naira,* was detained in a guest house.
2. Buhari jailed *Fela Anikulapo-Kuti,* on trumped up charges, allegedly as an economic saboteur with the legal backing of the Miscellaneous Offences *Decree No. 20 of 1984,* for having less than 10,000 dollars in his possession on his way out of the country. The judge in the case later apologized and confessed that he was ordered to jail the famous Musician regardless of his innocence. The Buhari junta would later say publicly that it “decided to deal with this Fela problem once and for all.”
3. Buhari instructed his ADC, *Major Mustapha Jokolo* to smuggle *53 suit cases,* allegedly stuffed with foreign currency, through Murtala Mohammed Airport against the protests of *General Tunde Idiagbon and Alhaji Abubakar Atiku,* who was then Acting Director General of the Customs and later became the Vice President, presently the Presidential Candidate of the PDP. B uhari's act was a case of all animals are equal, but some are more equal than others. The same retired Major Jokolo, now the Emir of Gwandu knew about the coup that swept out Buhari from office, but didn't inform him.
4. The change of color of the nation's currency notes (except the fifty kobo note) in April 1984, allegedly to stop currency trafficking. The exercise rendered almost half of the estimated N6 billion of had earned money of ordinary Nigerians, worthless at the expiration of the change.
5. Buhari enacted *Public Officers (Protection Against False Accusation) Decree 4 of 1984* with which he jailed *journalists Nduka Irabor and Tunde Thompson for writing the truth.* He said publicly that it did not matter if any of the journalists wrote the TRUTH, as long as he and his junta did not like it, the writers would go to jail. This casted Buhari as someone who never cares about the truth and a vindictive person. We have all seen further evidences of this in the last three and half years.
6. He cancelled the *METROLINE PROJECT* that *Governor Lateef Jakande* embarked upon as a vendetta against the Yoruba people. He chose rather to pay a fine of $60 million rather than guarantee $100million needed for the completion of the project. Soon after, he procured several Airplanes for the Nigeria Airways costing several millions. So, it was not an issue of non-availability of money.
7. He put in place *a retroactive law* with which he murdered three innocent men: Lawal Ojuolape (30), Bernard Ogedengbe (29) and Bartholomew Owoh (26), by public execution. Buhari did not allow them to go through the judicial system. He never respected the laws of the land. *Article 11.2 of the Universal Declaration of Human Rights* reads: *"No one shall be held guilty of any penal offence on account of any act or omission WHICH DID NOT CONSTITUTE A PENAL OFFENCE, under national or international law at the time when it was committed. NOR SHALL A HEAVIER PUNISHMENT BE IMPOSED THAN THE ONE THAT WAS APPLICABLE AT THE TIME THE PENAL OFFENCE WAS COMMITTED."* Only a soulless person would do something like that to his fellow human beings.
8. Buhari is the first Nigerian to be involved in stolen fund to the tune of billions. *$2.8billion dollars of our money disappeared from NNPC under Buhari, when he was the Minister of Petroleum.* This money was investigated by the Nigerian Senate under the leadership of the then *Senate Leader, Senator Olusola Saraki,* the father of the current Senate President. Part of the money was allegedly traced to Buhari's Lloyd's Bank account in London.
9. He convinced all the northern political leaders against allowing the National Identity Card program because according to him, this would unravel *the myth of Northern population majority.*
10. He is an Islamic fundamentalist, *the Bin Laden of Nigeria,* who told his northern followers never to vote for anyone who was not a muslim.
11. He is a coup plotter.
12. He has never been able to account to Nigerians what he did with the *135 billion Naira of the Petroleum Trust Fund* of which he was the chairman under Sani Abacha.
13. He was in full support of all the atrocities of Sani Abacha against the Nigerian people. There is no single record of his criticism of Sani Abacha during those dark days when Nigeria was on precipice. It shows that he is a patriot of convenience and as such not fit to lead the country. He was later to say publicly, *on the tenth anniversary of Sani Abacha’s death that Sani Abacha never stole anything from Nigeria.* Yet, he is receiving Abacha looks and spending them.
14. *The Human Rights Violation and Investigation Commission (HRVIC) headed by Honorable Justice Chukwudifu Oputa* an eminent jurist, was insulted and disrespected by Buhari who refused to appear before it. He refused to come up and defend the evidences of the $2.8 billion reportedly traced to him and his violation of human rights. His message to Nigerians is that he (Buhari) is above the law and could not be held accountable.
15. He made Nigerians to go through the agony of having to scavenge and scamper for what was described as “essential commodities” such as milk, sugar and other diary products, thus creating emergency wealth for those who were very connected with his government. In the History of Nigeria, *Nigerians have never had to queue up to get food except under Mohammadu Buhari in 1984/1985.*
16. In 2011, he incited violence across the country, especially the North of Nigeria for losing elections. The violence led to the loss of several innocent lives many of whom were Youth Corp members. He has never apologized for that atrocity.
17. He publicly defended the Islamic fundamentalist group called *Boko Haram.* As the leader of his political party, Congress for Progressive Change, ( CPC), he granted an interview on *Liberty Radio in June 2013* in which he criticized *President Goodluck Jonathan* for being too harsh on the destructive and murderous Islamic fundamentalist group. He said that an attack of Boko Haram was an attack on the North of Nigeria. He railed against state of emergency in Borno, Yobe and Adamawa put in place for security reasons.
17. As soon as he became President in 2015, Buhari had let loose his *FULANI tribesmen* on several parts of the country *to murder, maim, rape, burn, destroy and visually record their crimes without let or hindrance.* Despite the fact that the umbrella organization for these Herdsmen, *Miyyetti Allah have admitted several times* being responsible for these atrocities, they walk around free, unmolested. Meanwhile, the *IPOB,* a self determination group that never hurt a fly were militarily routed via operation Python.
18. *Buhari has been shielding, defending and protecting corruption and those committing it under his Government.* He has even written letters to the Nigerian Senate to defend some of them. The list include the following:
a) *Rotimi Amaechi, Minister of Transport;*
b). *Kayode Fayemi, erstwhile Minister of Solid Minerals Development and the rigged-in Governor - Elect of Ekiti State;*
c). *Babichir Lawal, former Secretary to the Federal Government;*
d). *Abba Kyari, Chief of Staff to the President;*
e). *Yusuf Buratai, Chief of Army Staff;*
f). *Abdulrahman Bello Dambazzau, Minister of Internal Affairs;*
g). *Adams Oshiomhole, Chairman of the President's Party, APC and former Governor of Edo State;*
h). *Abdulrasheed Maina, former Chairman of the Presidential Task Force on Pension Reforms;*
i). *Maikanti Baru, Group Managing Director of NNPC;*
j). *Usman Yusuf, the Executive Secretary, National Health Insurance Scheme* and many others too numerous to count.
19. Buhari increased the pump price of petrol from NGN 85 to NGN 145
20. He further devalued Naira from about NGN 185 to about NGN 360.
21. So far over 9.3 million Nigerians have lost their jobs since Buhari became President in 2015
The above listed legacies of President Mohammadu Buhari are just a tip of the iceberg. They just have to be limited to this for now, because of time.
Lies never last, History never dies and the truth is always constant.
© Younglionken

1 Like

Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Nobody: 6:38am On Oct 16, 2018
cooltola:


1) The reason why the economy is down is the fall of oil price per gallon/ barrel globally especially in the year 2015. There was less revenue from oil products which equals bad economy which is not fully Buhari fault. Today is barely above $75 per gallon

2) By the time Buhari entered office, oil per barrel was less than $50 which was not good for any OPEC countries economically. You can read about Venezuela at https://www.bbc.com/news/world-latin-america-36319877

3) I blame bad management by our government especially PDP who had the chance to turn things around. Oil prices per gallon was high from 2010 to 2014 and there was huge revenues from oil .

3) The Nigerian bad economy is a result of massive looting of national money and corruption in a grand scale. The money meant to be saved for famine was looted and nothing was left by the time Buhari and APC took over.


4) If Nigeria do not tackle corruption now, Nigeria will become the next Sudan or worse. How can a country go forward when 20 billions dollars or more unreported disappeared during Sanusi's time in Central Bank of Nigeria and there was no massive protest. Only few are arrested and many of the same politicians are campaigning to get elected again.

6) Our Naira devalue because there was no money in the federal reserve by the time Buhari got elected. Nothing was saved, all the money were spend by numerous governors, senators, and gone.

7) Buhari unfortunately happened to be in power when Nigeria economy is at worst at the year 1984 and 2015 which is a bad signs.

cool Many of the elected politicians are not patriotic and could careless about Nigeria e.g. They are only after the pockets, and ambitions. Do you know that Nigeria senators are among the highest paid in the world. Do you honestly believe Saraki is not corrupt and many more in the legislative branch are doing good job representing the average Nigerians. If the money that goes to Nigeria senate is cut by half, it can help reduce the current level of unemployment by a huge margin.






Address the issue of human right violation especially that of Pa Ajasin

Why did Buhari put him in jail?

Billions of Dollars was traced to Buhari's foreign account?? True or False

Has Buhari not openly supported corrupt members of his cabinet even before the senate??

Miyetti Allah boasted on several occasion to escalate the killing which they did, what the your Lord and Personal saviour do about it


We need answers oo, you can't just touch some points and leave others
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Chukazu: 6:38am On Oct 16, 2018
buhariguy:
what is the concern of the jobless aggressive lazy idiotic pigs of bia-fra terrorist if subsidy is a scam, the same way terrorist nnamdi kanu scam you.
Nothing like subsidy, it is called under recovering.
Gone are those corrupt days where everyone becomes fuel importer just to scam ineffectual buffoon.

Under recovery ? Yet they have not been able to RECOVER your frozen Brain sad
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by cooltola(m): 6:45am On Oct 16, 2018
kaluxy007:



Address the issue of human right violation especially that of Pa Ajasin

Why did Buhari put him in jail?

Billions of Dollars was traced to Buhari's foreign account?? True or False

Has Buhari not openly supported corrupt members of his cabinet even before the senate??

Miyetti Allah boasted on several occasion to escalate the killing which they did, what the your Lord and Personal saviour do about it


We need answers oo, you can't just touch some points and leave others

No doubt that Buhari is not a Saint. But Atiku is no angel. The two candidates up for election are not the best options. I wish other political parties with good intention are given a chance.I am not fan of any polticians , i am a fan of anyone who is against corruption, against injustice.
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Abdul3391(m): 6:49am On Oct 16, 2018
saaron:
Now Nigerians are seeing the difference between Nepa cert and Degree. It takes a smart govt to pay high fuel subsidy with oil price at $100/b and maintain local fuel price at N97/litre.
It was even 87 not #97 sef
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by RTSC: 6:52am On Oct 16, 2018
cooltola:


No doubt that Buhari is not a Saint. But Atiku is no angel. The two candidates up for election are not the best options. I wish other political parties with good intention are given a chance.I am not fan of any polticians , i am a fan of anyone who is against corruption, against injustice.
Then vote a Peter obi ticket. He is against corruption and waste.

Anambra is the least indebted state in Nigeria because of him.

Don't say you don't have a choice. The Choice is clear.
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by Nobody: 7:08am On Oct 16, 2018
cooltola:


No doubt that Buhari is not a Saint. But Atiku is no angel. The two candidates up for election are not the best options. I wish other political parties with good intention are given a chance.I am not fan of any polticians , i am a fan of anyone who is against corruption, against injustice.


Buhari is neither again any of the two...He's not only biased and corrupt, he's a full blown hypocrite. Rather than die of hunger or in the hands herdsmen I would rather support anyone who has the ability to booth this retrogressive administration out
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by pieces18: 7:20am On Oct 16, 2018
the kind of corruption that is taking place under this government has never happen in nigeria before. everything about this government is just lies upon lies and lies upon lies. it is in this government that nnpc remits what they want and not what the laws says. very very corruption government. i hate this government and the people in power because they are wicked, and shameless.
Re: Petrol Subsidy To Exceed $3.85bn Estimate - Financial Derivatives Company (FDC) by buhariguy(m): 7:55am On Oct 16, 2018
Omooba77:


Why do you love seeing everyone as pigs. Please check yourself sir. Do you people have conscience to reason about the plight of common man or you just love being paid for defending lies. Time is a Judge saaa
the last time i checked, common man in Nigeria has be suffering for long, it does not start today.
Even people that have not see 2000 naira before are be paid 5,000 naira monthly.

You have not answered my question why 112m people were extremely poor despite receiving $400b in 4yrs and $1.1tr in 16yrs of Pdp according to OPEC report without a single project.
Buhari has reduced the number of poverty from 112m to 80m despite receiving $94b in 3yrs according to OPEC report.

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