Friday 29 June 2018

2019 Elections : Vote Buhari and sign your death warrant


Does Buhari deserve a second term ? Hell no .... Having patiently watch Mr president's efforts to turn around the economy of the country for more than three years into his presidency you will agree with me that he is a failure in all aspects of governance. The only visible things to all is the alarming and unprecedented level of killings and wanton destruction of lives and properties across the country since 2015

No sector of the economy will score pass mark since he assumed office, so I will not dabble into it in this brief write up

I will not like to bother you with historical crises since he took over from Jonathan, the whole atrocities by the Fulani herdsmen and other problems that have bedeviled the nation is available on-line. He is completely a man without human feelings based on the avoidable crises that befell the nation in the last one week. From Plateau Fulani herdsmen atrocities to Benue constantly killings by his compatriots to Ibadan police/butcher crisis to Lagos/Ibadan tanker fuel explosion. 

This man, Buhari has been exhibiting some characteristics of a terrorist (No apology), he always remain silent or display some foolish body language when citizens are being kill en masse on daily basis.

Even on the strengths of his integrity and honesty that got him elected in 2015, the man has proven to us that it was ''wash'' going by serious fraud committed by his so called kitchen cabinet members including the former secretary to the government in the person of Babachir Lawal. 

Let me crave your indulgence that his kitchen cabinet is dominated by his unqualified kinsmen and friends

Another serious bleach of trust and moral obligation was when his son got over fed with tax payers money and started displaying madness on the street of Abuja with power bike which led to his accident. Your so called Mr integrity air lifted the stupid boy to Germany hospital for treatment despite huge annual budget allocation to Aso rock clinic

And here we have millions of Nigerians youths that were involved in critical accidents that have no hospital to treat them and the bulk of the money Buhari and his cohorts are spending are contributed by these youths through taxes and other means.

Even the life patron of Fulani herdsmen is a regular patient at London hospitals spending our money lavishly without a genuine care and concern for the medical problems confronting the masses especially his peers and people of his age that are dying of curable diseases and sickness. He deems it no fit to construct world-class hospitals for these elderly people and pensioners for 3.5 years of his brutal regime.

On the two fronts of security and corruption fight, this man has shown us that he is incapable of the position he is holding. Though these two critical issues have been attributed as his strengths, but Nigerians have to realize these are the areas where he failed most and woefully.

Mr integrity has use better part of his three and half years attending to his medical problems in London and attending unprofitable and meaningless jamboree talk all over the world. All these have no direct and positive impacts on the life of the Nigerians..... civil servants, police, Students, Teachers, traders, drivers, disabled people, pensioners, bricklayers, and others.

Critically looking at his programmes and policies you will agree with me that he has failed the nation ...his so called cash intervention for the poor was manipulated and poorly implemented to favour certain people that doesn't need the N5000.

Another chorusing achievement by his fake and blind supporters is free school meal piloting in some states, from what I have gathered this is a terrible and malnourished foods that is not decent for human consumption. This charade shows the bad state of the food that they will never offered their children.

Merely looking at the food on screen will disgust you, they will not even feed their dogs with this kind of foods.

His government has brought more hardship and pains to Nigerians. The only legacy I will give him credit on is on his recognition of June 12. Honoring MKO and Chief Gani Fawehinmi is a big plus for him.
But this is a national issue that has being calling for positive enclosure and succor for more than 25 years, so he has done the right that his predecessors failed to do

This should not be an indices for re-election campaign because if he fails to do it someone else will still do needful no matter how long.

From all indices Buhari has failed us, so I will implore Nigerians not to vote for this man come 2019 because by doing so Nigerians will be voting for more 

Sufferings
Hardship and pains
Sorrow, tears and blood 
killings and wanton destruction 
1984 technical no where
Government of kinsmen and friends
Body language solution to problems
Silence in the event of atrocities
Violation of human rights and court orders (in the case of Ibraham Zakzaky) 

Please Nigerians look else where for alternative person, we have other young, better and vibrant candidates..... amongst them are Swore, Kingsley Moghalu, Adamu Garba and others.  - Irunmole-News

New code of corporate governance applies to ALL companies - FRC

FRC: New code of corporate governance applies to ALL companies
The Financial Reporting Council of Nigeria (FRC) says all companies in the country must adhere to the new version of the code of corporate governance.
Daniel Asapokhai, chief executive officer, FRC, made the disclosure at the first public hearing for the exposure draft of the Nigerian Code of Corporate Governance 2018 (NCCG 2018), in Owerri.
According to him, the NCCG 2018 has adopted an ‘apply and explain’ principle, which requires companies to apply the requirements of the code and to explain the process for doing so.
“The Nigerian Code of Corporate Governance 2018 shall apply to all public companies; whether listed or not, all private companies that are holding companies of public companies and other regulated entities, concessioned and privatised companies, and regulated private companies,” he said.
“The decision to adopt the ‘Apply and Explain’ approach was made after careful considerations of several factors including the Nigerian legal system, Nigerian culture and history, government  policies, state of the Nigerian economy, global economic and political climate, and levels of capital inflow of investment coming into the country.”
The FRC boss said the new code replaced the suspended 2016 Code of Corporate Governance, following its revision by a 15-man technical committee, extensive consultations and engagement with numerous stakeholders and regulators.
Asapokhai said if adhered to, the NCCG 2018 will “promote ease of doing business, attract local and foreign investments and enhance the integrity of the Nigerian capital market, by entrenching a culture of disclosure, transparency and accountability… and raise public awareness of good corporate governance practices”.
The public hearing on the exposure draft of the NCCG 2018 will also hold in other cities including Port Harcourt, Jos, Gombe, FCT Abuja, Kano, and Lagos. - Cable Nigeria

CBN: Electronic fraud is on the rise

CBN: Electronic fraud is on the rise
Dipo Fatokun, director of banking and payment system, at the Central Bank of Nigeria, says fraud carried out through automated teller machines (ATM) and mobile banking is on the increase.
Speaking on Thursday at the unveiling of the 2017 Nigerian Electronic Fraud Forum annual report in Lagos, he said the value of electronic banking fraud cases between 2015 and 2017 at N5.571 billion.
“It is sad to note that there has been a little increase in electronic fraud, especially in recent times. It has, therefore, become necessary to review and strengthen the existing rules and enact new regulations to steer the problem,” the CBN official said.
Data made available by the NeFF showed that the value of fraud carried out over the counter was N732.85 million in 2015 and has dropped to N259.022 by the end of 2017.
However, fraud carried out through ATM channels rose from N355.89 million in 2015 to N497.643 million in 2017.
Also, mobile payment fraud rose to N347.645 million in 2017 from N248.144 million in 2015.
“Many of you present would agree on the need for a framework on for USSD as a channel for electronic payment transaction and that was why the CBN early this year issued a framework to that effect because we noticed that USSD channel was primarily responsible for the upspring in electronic fraud in recent times.
“That framework should have been implanted from the first day of this month but we shifted the implementation date to October 1st because certain requirement on that framework could not be put in place so it is better done completely.
“We remained committed as a forum in ensuring that the Nigerian payment system is not only easy to use but also reliable and trustworthy.” - Cable Nigeria