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THE CAUSE OF NIGERIAN RECESSION

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Nigerian is in a great recession – a result of mismanagement of the past and present administration.
How a country so buoyant, well knows as the giant of Africa now the dwarf of west Africa.

GLORY DAYS
What happened to those days when one would go to school with 20N and that covers lunch and miscellaneous expenses?
Presently, 20N can only get you a biscuit.
what happened to those times kobo has its worth.? The time of stable economy.



THE TERRIBLE PART
Quite alright those times were good.
But it was the same time that bad leaders got their dirty hands into the national pockets. And no one realized.
The act of embezzling public funds is now a culture for some politician.
Like they do it with a hardened heart – not minding what happens to the populations they represent.

WHAT CAUSED THE RECESSION

Politiciansthat swore to serve their country, now the pain to the country. If only Nigerian politicians can sing the National Anthem and recite the national pledge fluently, I will count them patriots.
I won’t be surprised if none of them can.
The Hose of Reps will have a seating; they will actually make their topics. But after the seating, all that is said is tossed in a nearby trash bin.
The same happens at the senate level.
If you are in doubt.
Tune to NTA PARLIAMENT. You will be so excited that your representative is marshaling out his point. But on a second thought. How many of those points are even looked into? Bad administration.
It is true that we the citizens elected our leaders. Let’s assume Nigerian election is a fair one.
Why can’t Nigerian politicians overlook their ethnic background, political -party(ideological) differences, and get our poor country out of this disgrace.
Yet they are been paid a million sum of money weekly and annually, that a 10% slash will generate income big enough to land Nigeria a functional refinery, Instead they don’t mind tainting the national image, getting involved in obvious corrupt practices.
The good times Nigerians loved but were blind folded to the reality and theft perpetrated by bad politicians.

The dreadful looting of national treasury by man Sani Abacha as a military head of state from November 17. Such level of looting can’t go through with just one person involved – like Up to $723 million in foreign accounts. He died on June 8 1998. The present administration went into recovering the looted funds.
Some of the funds were not recovered, but 
who knows what happened to the recovered ones?
Who knows whose pocket it will go into?
Who knows?



You can’t blame Only the then Politicians for the bad situation now, but also the older Nigerian citizen that failed to develop
when the nation had a stable economy.

Those of the 50’s in age would claim to have read books more than younger ones.
But surely they failed us
Reading is good, but the present state of Nigeria is what happens when you don’t apply what is read.
Professors here and there, more than dozens of them but none of them realized that
energy generated from fossil fuel can go obsolete in the world moved by technology.
Fossil fuels are fuels formed by natural processes such as anaerobic decomposition of buried dead organisms,
containing energy originating in ancient photosynthesis. The age of the organisms and their resulting fossil fuels is typically millions of years,
and sometimes exceeds 650 million years.
Fossil fuels contain high percentages of carbon and include petroleum, coal, and natural gas
Some professor got the title professor because of schooling n a foreign land.
If one can school in a foreign land and not contribute to his country, then it dampens the essence of going abroad to school.
How many Professors in Nigeria Has ever contributed to this world, Nigerian or even his state of origin?
If the professors in a country can be this ignorant, tell me what do you expect from such country
Now we are faced with the result of such ignorance.

Cars that run on water now exist, or are we going to start exporting water?


The Government has a role to play in the cause of the recession.
Like I said earlier the stable economy was due to the diversification of the source of national generated revenue. It took Nigerian Government years to realize that.
They failed to diversify the economy, due to the mouth watering gain in the oil industry, that still politicians embezzled.
Nigeria once boasted of an agro-economy, but oil money was more attractive.
So therefore less attention was given to agriculture to tackle poor soil fertility, irrigation problem, technology development etc.
This led to the fall of agriculture in Nigeria,
Nigeria exports more than a billion barrel – earning less than 10trn naira in a year.
See the budget 2017 pegged at N6.8trn ,relying on oil alone won’t help Nigeria on the long run.
Oil export serves as 80% of Nigeria income the other sources are negligible but we have a N6.8trn budget that will only kill a bird or fill greedy politicians pocket

Bad Non-patriotic Citizen with nonchalant attitude towards public issues. Thugs now dominate every nuke and cranny of the country even as politicians.
Tell me what will become of a country filled with thugs or people that won’t let go of their ethnic background.
Youths are not even helping matters, with the high rate of exam-malpractice – where is Nigeria headed?
Some Nigeria citizen would intimidate a fellow Nigerian who is not of the same background.
A Yoruba Business man could be frustrated in an Ibo land, because he is not an Ibo.
How would a Nigerian dump dirts along the road and still pray for good roads, and clean environment. Do you expect the Government to come by a sweep th roads like your bedroom?
Do you know 54% of Nigerians are non-educated
Why? Nigerians. We cry for change but we should be the change.

Nigeria Won’t Change Until Nigerians Change 







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Employment seeking girl steals N108k from her prospective employer

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Opportunity comes but once, this young girl believes as she stole N108k from her prospective employer. A female jobseeker has been captured for taking One Hundred and Eight Thousand Naira amid her prospective employee meeting in Delta State.

It was accumulated that the businessperson at the organization had ventured out to get something, leaving the suspect in the workplace. The young lady professedly utilized the chance to take N108k and fled.

Good fortune, be that as it may, ran out on her, days after the fact, while going through the road where the workplace is found. She was expeditiously caught and dragged to her home where the rest of the cash was recovered.

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Lagos tenant uses Landlord’s apartment to dupe house appliance vendors of N50 million

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Read this narration by twitter handle, @Wenogetjob, which tells of how he eavesdropped on a couples conversation of a duping man. The man rented a house for 2 month, bought expensive items worth up to N50 million on credit. Left the rented apartment with all the appliances he has not paid for, after winning the trust of the sellers.

Hey peepz, I have a gist tho I don’t know if it’s true or not..But I will say it Sha. I was just walking on the street 2receive fresh air when I saw a couple. d man was telling his wife about an incident. I kukuma slowed down an walked behind them to hear d full gist.

It was more like a scam story. A certain man walked up to a Landlord in our area and requested to rent his apartment for 2 months, with the excuse that he was traveling to Canada and just came to Lagos for the Visa Processing.. They agreed on 150K.

The man paid and took ownership of the apartment.He then went out to Vendors in town and negotiated to buy expensive items on lease. With installment payment plans.. He was said to have collected home appliance worth N50,000,000 from various vendors.

He then took them all to the apartment one by one to build trust. At least once they know he lives there, they can easily come around and pack their stuffs if he defaults, these people didn’t know what would hit them was going to be deadlier than Tsunami.

As agreed with the Landlord, the man packed out even earlier than expected… Left with all the items, of which he had not finished the payment..and the Landlord was so happy to have struck a better deal He immediately rented out the apartment to another family.

One by one, the creditors began to come in and same story was relieved to them.. Some fainted, some threatened hell fire …. To cut the long story short, Baba Ijebu was arrested alongside the new tenant.. You know Naija now… #POLICE  no wan hear wuen

They were only saved after a Landlord intervened. He is a legal practitioner and took up the case. But sincerely speaking. I wonder how some people feel at rest knowing fully well their victims would suffer.  I guess it all centers on lack of conscience. This is bad #dojon

https://platform.twitter.com/widgets.js Read Also: UPDATE!!! Offa Bank robbers caught by the phones they gave their girlfriends

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How a middle-aged man died after withdrawing N100,200 from the bank will shock you

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How a middle-aged man died after withdrawing N100,200 from the bank will shock you

What could have taken the life of a middle-aged man, identified only as Muyibi, who collapsed and died in a commercial cab in the Ojota area of Lagos State.

PUNCH Metro reports that Muyibi boarded the cab after withdrawing money from a United Bank for Africa branch in the Ogudu area. Then the driver had turned to to take his fee from Muyibi when he realized the man had become motionless. After reaching the terminus, a resident told Punch’s correspondent that the driver alighted from the cab to slightly push Muyibi, who was cold.

The resident, who did not want to be identified, said,

“The driver had picked some other passengers along the way, and they had all paid and dropped off at their various bus stops.
“When the victim did not respond when they got to the terminus, the driver parked the cab to rouse him, but he was cold.
The driver raised the alarm, which drew the attention of commuters and passersby to the scene. People checked him and discovered that the man was dead.”

Policemen from the Ogudu division were said to have been alerted to the incident. The driver’s vehicle was impounded just like that, while the man’s body was deposited in a morgue.

A source person at the terminus who spoke with Punch newspaper confirmed the incident, saying:

“It happened around 3pm on Friday. The man went to withdraw some money in UBA. The Ogudu Divisional Police Officer was compassionate; she pitied the cab driver, who had become jittery.
Although the man was not detained, his cab was impounded at the station pending when the deceased’s family would show up,” he added.

Lagos state Police Public Relations Officer, SP Chike Oti, said the police recovered N100,200 from the victim’s bag.

He said:

“The man was on his way to Ojota when he collapsed and died. We recovered the sum of N100,200 from his bag.
He also had a phone, which had a new SIM card. There is no contact on the phone and nobody has called him. We have a lead as to where he could be living.
His body has been deposited in a morgue for autopsy.”

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