BIAFRA:
NIGERIA IS DEAD; SENATE SHOULD DO THE NEEDFUL TO REMAIN HONORABLE
25th July 2016
Taking stock of the economic and security situation, it is obvious that Nigeria is dead. Recently, the Secretary to the Government of the Federation, [SGF], David Lawal, declared that the Federal Government would not be able to fully implement the N6.06 trillion 2016 budget because the revenues of the government had dropped by over 50 percent, contrary to projections.
According to a reliable source from a top government official, Department, and Agencies, MDAs, can barely pay salaries. Execution of capital projects has been put on hold, because of none release of fund by the government. This stagnation has affected over 40 projects for the construction of roads and bridges, valued at N132.4 billion, N9.2 billion worth of power projects and N35.6 billion worth of projects meant for the construction of 1,973 blocks of 7,068 housing units in the six geo-political zones and the Federal Capital Territory, FCT.
As a matter of fact, MDAs are currently frustrated and are even scared of advertising for jobs, because they know there are no funds to execute them.
According to another source, “Apart from the poor revenue accruing to the government, another problem is that the release of funds is also regimented.
The Ministry of Finance cannot even release quarterly allocation to MDAs as it used to do in the years past because it is President Muhammadu Buhari who decides what is to be released, to which sector and at what point”, the source added.
As at 21th July 2016, naira exchanged at N377 to the dollar in the parallel market, weaker than N373 on Wednesday 20th July 2016, making it the fall of all time, and the Central Bank of Nigeria (CBN) is helpless.
According to Finance Minister, Kemi Adeosun, [the woman who said that 2+2 is=4] the federal government is planning to borrow up to $10 billion, with about half of that coming from foreign sources, to help make up a budget shortfall heightened by a slump in oil prices.
It is unfortunate that the so called giant of Africa cannot fund up to 30 percent of its budget and the president cannot do anything to salvage the situation since he is dictating for everybody. Muhammadu Buhari knows the root course of this economic crisis but has blatantly refused to address it, thereby putting the lives of over 180million Nigerians in danger.
Nigerians are dying of hunger, no good roads, and the power supply is zero, there is no job for the youth, those who have jobs are losing it, companies are shutting down, traders are crying because buyers are not coming. What a hard heartened president.
I do not know what else the senate is waiting for before impeaching Muhammadu Buhari when it is very clear to Nigerians and the world that he is clueless and incompetent to govern Nigeria. Nigeria is a mono-economy country; it depends on only crude oil for survival, but the freedom fighters, otherwise known as Niger Delta Avengers; who are the original owners of the oil, are blowing the pipelines and taking back what rightfully belongs to them.
They have also made a number of demands which includes a separate state and the release of Nnamdi Kanu (POC) the leader of the indigenous people of Biafra as ordered by the court. But Muhammadu Buhari is intentionally playing down on their demands. All he could do is to contract foreign military mercenaries to wipe out men who are fighting for the freedom of their people after Nigeria has failed them.
Meanwhile, Muhammadu Buhari did not contract Blackwater mercenaries from Saudi Arabia to fight Boko Haram terrorists who have been killing and destroying lives, properties and also taking over Nigerian territories. This is more evidence that Muhammadu Buhari and his allies want to obliterate Biafrans from the surface of the earth and also to buttress the fact that the Boko haram terrorists are doing the bidding of Buhari.
The senate should call for referendum let the indigenous people decide which country they want. The indigenous people of Biafra want to go back to their original republic of Biafra. If the senate fails to do the needful, soon, there will be no senators in Nigeria because Nigeria will soon crash, it does not matter who believes it or who does not. It is the plain truth glaring everybody on the face.
Free #Biafra
Free #NNAMDIKANU
#BiafrExit?
Written By: Chijindu Ukah
Edited By IkeChukwu NwaOrisa
FOR BIAFRA WRITERS
http://www.thebiafratimes.co/2....016/07/nigeria-is-de
