Posts

Showing posts with the label Corruption in Government

3 Nigerian Presidential Jets Seized: I thought it was another Investor Sabinus Content on Facebook

Image
  I was thinking it's another Nigerian International Passport destroyed skit. A total of three presidential planes have been grounded in France after Zhongshan obtained orders from the Judicial Court of Paris. The planes were receiving "routine maintenance" at the time, Nigeria's government said. According to  BBC.com   A French court seized three jets owned by the Nigerian government following a long-standing dispute with a Chinese company. The row stems from a 2007 contract between Zhongshan Fucheng Industrial Investment and Nigeria's south-western Ogun State to develop a free-trade zone where a massive industrial park was to be developed to attract investors. The agreement was terminated between 2015 and 2016.  According to the  Financial Times , Zhongshan said it was forced out of the deal through a "campaign of illegal acts". The Nigerian Government have fiercely condemned the seizure of its planes, saying that Zhongshan had a sole objective of ...

Nkalagu Cement: The Eastern Leaders are their worst Enemy

Image
Nkalagu Cement  Enugu Govt frustrates reactivation of Nkalagu Cement 13 February 2006 This article was written over 18 years ago, up till this moment; virtually Nothing has been done.  Where are the Author Eze of this world, Where are the Eze Egos of Ndigbo.  This goes out to show that, the Southeastern and the South-soutern  leaders are their worse Enemies.   I am quoting  Cement.com  words for word The delay in the reactivation of the moribund Nigeria Cement factory, Nkalagu, owned by the five states in the Southeast geopolitical zone, has been attributed to the failure of the Enugu State government to relinquish its share certificate to the core investor – Eagle Cement Nigeria Limited. Secretary to the Ebonyi State Government (SSG), Professor Ozo Nweke Ozo, who announced this at the weekend in his office, said that other states in the zone had submitted their own share certificates to the core investor but regretted that the delay of the Enugu ...

The Reason For Nigerian Poverty Exposed.

Image
  Image credited to vanguard news By Luke Onyekakeyah  22 Nov. 2022   I will tell you that this is a little lengthy article, but comprehensive and eye opening interview, It's worth reading.  Please take your time to read with and open mind, you will see why Nigerian remain poor from 1960 till today. The British destroyed Nigeria before they left,  Hear From The former minister of works, power and steel. 'Babatunde Raji Fashola was the former Governor of Lagos State.' This was an article written by The Guardian News  * Hear him .~ If you ask anyone on the street what is Nigeria’s number one problem, he would most likely say corruption. The refrain on corruption is so profound that no one has taken time to ask why there is such abrasive corruption.  The reasons behind corruption are known but not addressed. They are totally downplayed. Truth is that corruption is merely an effect. The cause is ignored. Chasing the effect and leaving the cause, as in...

Fight Corruption; Insecurity and Poverty will be Over.

Image
Corruption is The major reasons for poverty in Nigeria  The Nigerian economy is one of the largest in Africa and is primarily driven by oil exports. However, it is also diversified with sectors such as agriculture, telecommunications, banking, manufacturing, and services contributing to its growth. Nigeria has faced various economic challenges, including a heavy reliance on oil revenue, corruption, inadequate infrastructure, and high unemployment rates. These factors have hindered the country's economic development and contributed to income inequality. Nigeria Corruption perception index In recent years, the Nigerian government has made efforts to diversify the economy, improve infrastructure, and attract foreign investment. Initiatives such as the Economic Recovery and Growth Plan (ERGP) have been implemented to address these challenges and promote sustainable economic growth. Despite these efforts, the Nigerian economy has been impacted by external factors such as fluctuations in...