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Lai Mohammed’s reply to Obansajo’s letter to Buhari – Full text

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“We have read the press statement by former President Olusegun Obasanjo on the State of the Nation.

For the record, Chief Obasanjo is a patriot, and he has proven this time and time again. We appreciate what he said concerning the Administration’s performance in two out of the three key issues that formed the plank of its campaign: Fighting corruption and tackling insurgency. Specifically, the former President said President Buhari must be given credit for his achievement so far in these two areas. We thank him for this.

Apparently, the former President believes that the Administration does not deserve a pass mark in the area of the economy, which is the third of our three-pronged campaign promises.

We have no doubt that in the face of massive challenges in this area, this Administration has availed itself creditably. We believe that Chief Obasanjo, because of his very busy schedule, may not have been fully availed of developments in the government’s efforts to revamp the economy, which was battered by the consequences of over-dependence on a commodity as well as unprecedented pillaging of the treasury.

Today, most of the indices by which an economy is measured are looking up. Permit me to say, however, that Nigeria would not have exited recession through a mere order or if the Administration had not made use of ”good Nigerians” who could help.

This Administration is making steady progress in its determined effort to revamp the economy, and the results are showing:

* Foreign Reserves have peaked at $40b, the highest level in about four years, and up from $24 billion just a year ago, even though when we came in, the price of oil had crashed woefully.

* According to the National Bureau of Statistics (NBC), headline inflation has fallen for 11 consecutive months, standing at 15.37% as at Dec. 2017. This is the lowest inflation rate since Jan 2017, and it has met and surpassed the target set for inflation in the Administration’s Economic Recovery and Growth Plan (ERGP).

* Our determined implementation of the Treasury Single Account (TSA) has stopped the hemorrhaging of the treasury. Some 108 billion Naira has been saved from removal of maintenance fees payable to banks, pre-TSA. The nation is being saved 24.7 billion Naira monthly with the full implementation of the TSA.

* The elimination of ghost workers has saved the nation 120 billion Naira

* At about 1.8 billion dollars, the capital inflows in the second quarter of 2017 were almost double the $908 million in the first quarter.

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* In the wake of a stable Naira and increased investment inflows, Nigeria’s stock market emerged one of the best-performing in the world, delivering returns in excess of 40 percent.

* Nigeria rose 24 places on the World Bank’s Ease of Doing Business ranking, and earned a place on the List of Top 10 Reformers in the world.

* According to Q3 2017 figures, agriculture export is up year-on-year by 25%, solid minerals exports are up year-on-year by 78%, raw materials exports are up 70% year-on-year and manufactured goods exports are up 22% year-on-year.

* Government agencies such as the Nigeria Customs Service are reporting highest-ever revenue collection, while JAMB, under the new management appointed by President Buhari in 2016, remitted N7.8 billion to the coffers of the federal government.

The total amount remitted by JAMB between 2010 and 2016 was a paltry N51 million!
These positive indices may not have immediately impacted positively on Nigerians, but Nigerians will definitely get a new lease of life a short while from now. This is because the good news from the agricultural sector, which is recording a bumper harvest, will bring down the cost of foodstuffs, especially such staple as rice, and our massive Social Investment Programme will ease the pain of the most vulnerable in the society.

When we assumed office in 2015, some 6 million farmers were involved in rice production. Thanks to the Anchor Borrowers’ programme of this Administration, we have grown that number to over 12 million farmers. The result is that our rice import from Thailand alone has dropped from 644 metric tonnes to 22,000 MT in just two years. This is phenomenal.

Apart from rice, Nigeria is also doing well in other grains,
especially Millet, Sorghum and Maize. We are now the second largest producer of sorghum after the US, the third in millet after India and our breweries are now enjoying local sourcing of those commodities.

For maize, we are producing 10 million tons while we need about 13 million tons for both human and animal nutrition. Nigeria leads the world in the yam and cassava production. We account for 70% of the world’s yam production. In two years, we hope to be the world’s largest exporter of yam! Overall, our ambition is that agriculture should rise from 25% to 40% of GDP, so that we can banish poverty and overcome our economic anxiety.

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Our Social Investment Programme is Nigeria’s most ambitious social welfare programme ever. Currently, 5.2 million primary school children in 28,249 schools in 19 states are being fed daily; 200,000 unemployed graduates have enlisted into the N-power Job Scheme, and a quarter of a million loans already distributed to artisans, traders, and farmers.

Finally, our investment in infrastructure is simply unprecedented. This is because infrastructure is key to faster economic growth and development.

Here is a synopsis of what we have done in this area:
* Power Generation at an all-time high of 7,000mw and all can be transmitted

* RAIL: Lagos-Kano Standard Gauge is on. Lagos-Ibadan sector ready 2019, Kano-Kaduna ready 2019; The entire stretch ready 2021; Negotiations on for Coastal Rail covering 15 cities from Lagos to Calabar.

* ROAD: 25 major highways being funded with the N100b Sukuk Bond, and all geo-political zones are benefitting equally

This Administration is not unaware of the enormity of the challenges facing the nation, but we are up to the task. We have taken the bull by the horns, and long-suffering Nigerians will begin to experience a new lease of life as our efforts yield fruits. We will not go into a state of funk for whatever reason.

On the Herders/Farmers’ clashes, this Administration is determined to end the crisis resulting from this once and for all, not minding the fact that the clashes predate us. we urge Nigerians to have faith in the Administration’s ability to resolve the crisis, and to watch out for concrete measures in this regard.

On whether or not President Muhammadu Buhari should run for another term, it is true that many Nigerians have been calling on the President to run again, while others are opposed to his return. However, we believe this issue is a distraction for the President at this time. This is because Mr. President spends every waking hour tackling the enormous challenges facing the nation, most of which were bequeathed to his Administration by successive past Administrations. He is committed to fulfilling the mandate given to him by Nigerians in 2015. And that’s where we are right now!

Finally, we have no reason to believe that former President Obasanjo has any motive beyond the well-being of the nation in issuing his Special Press Statement. We have also taken his admonition in good faith, and we thank him most sincerely for taking time off his busy schedule to pen such a long statement.

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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.

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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.

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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

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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.”

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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.

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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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