NIGERIAN POLITICIANS WILL REPAY ALL NATIONAL DEBTS - DEAD OR ALIVE!

 ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 13. NO 559. 28th April 2024} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

NIGERIAN POLITICIANS WILL REPAY ALL NATIONAL DEBTS - DEAD OR ALIVE!

From all indications President Bola Tinubu seems to have no Advisor on any subject matter concerning the administration of the populous nation of Nigeria gifted with professionals in all fields of educational endeavors, world-class economists, academia. medical doctors, engineers, security experts, captains of industries of world-wide repute!

And whereas he is indebted to pay monthly humongous salaries/allowances to over 18 of them apart from 48 Cabinet Ministers and quantum Special Assistants without fail!

In spite of the negative ripple effects of tinubu's declaration of removal of fuel subsidy on the day of his inauguration, May 29 2023, he still justifies himself with the following statement made during global jamboree from Netherlands to Saudi Arabia

Friday, 26 April 2024.

Nigeria’s President Bola Tinubu arrived Riyadh, the capital of Saudi Arabia to participate in the 2024 Special World Economic Forum (WEF) on Global Collaboration, Growth, and Energy for Development.

The President’s arrival on Friday evening marked the beginning of the second leg of his two-nation official visit, following his earlier engagements this week in the Hague, Netherlands.

The two-day Special World Economic Forum is scheduled to hold from Sunday, April 28 to Monday, April 29, 2024 in Riyadh, Saudi Arabia.

BELOW ARE THE JUSTIFICATIONS OF PRESIDENT BOLA TINUBU FOR THE SUDDEN REMOVAL OF PETROLEUM SUBSIDY WITHOUT ANY PALLIATIVES IN PLACE TO DATE!

President Bola Ahmed Tinubu has said that the removal of petrol subsidy was a necessary and decisive action to ensure that Nigeria does not go bankrupt.

The President said this at the World Economic Forum in Riyadh, Saudi Arabia on Sunday, 28th April 2024, where he also said that the floating of the Naira was necessary to remove the “artificial element of value” in the currency.

President Tinubu, while speaking at the Forum, said, “For Nigeria, we’re immensely consistent with our belief that economic collaboration and inclusiveness is necessary to engender stability… Concerning the question of the subsidy removal, there’s no doubt that it was a necessary action for my country not to go bankrupt (and) to reset the economy and the pathway to growth. 

“It is going to be difficult, but the hallmark of leadership is taking difficult decisions at the time it ought to be taken, decisively.  That was necessary for the country.

“Luckily, we have a very vibrant, youthful population interested in discoveries by themselves and highly ready for technology, good education, committed to growth. We were able to manage and partition the economic drawback and the fallout of the subsidy removal". (What reckless effrontery?)

 TINUBU’S ENTOURAGE AS USUAL GULPED MILLIONS OF DOLLARS OF TAX PAYERS FUNDS TO EXECUTE THE PRETENTIOUS JOURNEYS THAT COULD HAVE BEEN HANDLED WITH TECHNOLOGY!

He decided to open the PANDORA BOX

In an austere time such as this?

1) According to the Apex Central Bank of Nigeria, its officials participated in a number of meetings to shape the global economic landscape during the IMF/World Bank Spring Meetings, 17-20th April 2024 in Washington DC. In close coordination with Minister of Finance, Wale Edun, CBN Governor, Olayemi Cardoso hosted more than a dozen leading IMTOs to a breakfast meetings followed by strategic deliberations with G-24 ministers and central bank governors. (Were they invited?) Governor Cardoso held insightful bilateral conversations with World Bank Group President, Ajay Banga, and World Bank Group Chief Economist, Indermit Gill, followed through fruitful discussions with the African Consultative Group and he IMF Money and Capital Markets Department. (It was a jamboree and waste of very scarce public funds)!

2) Free Money? Nigeria Secures $2.25bn Loan From World Bank At 1% Interest Rate, Says Wale Edun!!

The Board of the World Bank would meet in June to consider the final approval of Nigeria’s request for a $2.25 billion single-digit interest financing package, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has disclosed. Edun, announced the financing request at the end of the just-concluded Spring Meetings of the International Monetary Fund (IMF) and World Bank on Sunday.

He had stated that  the package, approved by the Board of Directors of the World Bank, offers a 40-year term with a 10-year moratorium and a nominal one percent interest rate would meet in June 2024 to consider the final approval of the financing package! (On a platter of gold?).

“The Federal Ministry of Finance continues to work closely with the World Bank on Nigeria’s application for up to $2.25 billion, comprising $1.5 billion in Development Policy Financing and $750 million in Programme-for-Results financing.

“We expect that the Board of the World Bank will meet in June 2024 to consider the final approval of this financing package,” the statement added.

“The 2024 Spring Meetings highlighted the global economy’s improved resilience, acknowledged by economic leaders worldwide.

“THE BANK AND THE FUND HAVE COMMENDED NIGERIA'S EFFORTS IN TIGHTENING MONETARY POLICIES, REVISING THE COUNTRY'S GROWTH FORECAST UPWARDS TO 3.4 PERCENT FOR THIS YEAR – A REFLECTION OF THE EFFECTIVENESS OF THE ADMINISTRATION'S ECONOMIC POLICIES,” IT ADDED.

(Borrowers dwell on speculations and remain tied to the apron's string of the lender forever!)

PANDORA BOX!

According to Wikipedia, Pandora's box is a metaphor for something that brings about great troubles or misfortune, but also holds hope. In Greek mythology, Pandora's box was a gift from the gods to Pandora, the first woman on Earth. It contained all the evils of the world, which were released when Pandora opened the box.

COMMENTS: 

The wild goose chase and penchant for international borrowing ingrained in consecutive Nigerian greedy politicians had beclouded their sensibilities and

Oblivious of all booby traps embedded in international transactions especially those from the International Monetary Fund and the World Bank which are imperialist and capitalist organizations!

They believe in the neo-colonialists agenda that the 54 African Nations should never be Independent from former foreign overlords, but be trapped through pretentious, soft, slavish loans that would BE IMPOSSIBLE FOR SEVERAL GENERATIONS TO REPAY!

The latest USD$2.25 being offered to Nigeria would attract ONLY 1%, 10 years moratorium and repayable in 40YEARS!!!

NIGERIA'S INTERNATIONAL DEBT PROFILE - NATIONAL BUREAU OF STATISTICS (NBS).

Nigeria's external debt stood at N31. 98 trillion (US$41.59 billion) in Q3 2023, while total domestic debt was N55. 93 trillion (US$72.76 billion). The share of external debt (in naira value) to total public debt was 36.38%in Q3 2023, while the share of domestic debt (in naira value) to total public debt was 63.62%.

 

TINUBU HAS OPENED THE PANDORA BOX AND HE MUST DEAL WITH THE CONSEQUENCES!!!

1) No Nigerian citizen or any member of their families alive or their unborn children will ever pay the DEBTS THAT Tinubu and his fellow cohorts have accumulated from 1999 to date!!

2) All debts external/internal WILL BE PAID BY THE BORROWERS at National/Sub,- National levels. All monies starched outside of the country in foreign accounts MUST be retrieved and all PROPERTIES, landed. Movable or immovable must be auctioned and converted in monetary terms and made payable to all foreign and local lenders!

3) All monies flowing daily as Toll Gates fees in BILLIONS OF NAIRA AT THE LEKKI TOLL GATE LAGOS and being collected by an ALPHA BETA PRIVATE COMPANY (allegedly owned by President Bola Tinubu according to ex-Military Governor, BODE GEORGE), MUST BE  RETRIEVED THROUGH GOVERNMENT FIAT to add to the repayment of all foreign and local debts in order to  assuage the Innocent Blood of hundreds of YOUTHS who were killed on 8th October 2020 during a very peaceful protest gathering against police brutality tagged END SARS!

4) Tinubu should see the HANDWRITING ON THE WALL that the game of institutional impunity in orchestrated/ massive corruption is totally over!

 ALL CURRENT AND PAST POLITICIANS WHO HAD DIPPED THEIR HANDS INTO THE NATIONAL/STATE TREASURIES TO STEAL THE CITIZENS FUNDS WILL PAY IN FULL - DEAD OR ALIVE!!!

THE LORD WILL EXECUTE JUDGMENT UPON ALL OF THEM AND THERE SHALL BE NO ESCAPE AMEN AMEN!

"For we brought nothing into this world and it is certain we can carry nothing out.,." (I Timothy 6:7-12).

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

"JAPA SYNDROME" HAD NO PLACE IN NIGERIA'S FIRST REPUBLIC!

ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 13. NO 558. 21st April 2024} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

"JAPA SYNDROME" HAD NO PLACE IN NIGERIA'S FIRST REPUBLIC!

MV AUREOL - the very successful luxury ocean passenger liner of the early 50s - shuttling between Britain and Nigeria, seemed to have disappeared into thin air but not like the TITANIC! (According to Wikipedia, it changed ownership, beached and eventually sold in scraps!)

Aureol was a mid-sized British ocean liner, originally put into service for Elder Dempster Lines of Liverpool in 1951. She was constructed on the River Clyde in Glasgow by Alexander Stephen and Sons. At 537 feet long and measuring 14,083 gross register tons, Aureol had room for 329 passengers and carried 145 crew. She spent her entire Elder Dempster career on the UK-Lagos passenger cargo service. From 1951 to 1972 she sailed from Liverpool, but closure of the landing stage and the hope of better loadings led to her being transferred to Southampton (first departure 26 April 1972) for the last two years of her service.

Aureol arrived at Southampton at the end of her final Elder Dempster voyage on 18 October 1974. She was purchased by Greek oil tycoon Yiannis Latsis, and renamed Marianna VI after one of his daughters. In 1989 she was laid up at Eleusina and did not sail again until 2001, when she moved to the Indian port of Alang to be beached and broken up for scrap.

AUREOL - THE FLAGSHIP VESSEL FOR VIBRANT NIGERIAN YOUTHS WHO SOUGHT GREENER PASTURES IN BRITAIN AT INDEPENDENCE!

Nigerian Youths at independence were a determined bunch of nationalistic, patriotic and ideologistic citizens who were determined to lift the new independent nation to International recognition in all industrial/socio-economic studies and engagements.

They travelled on MV Aureol at very minimal costs on the luxurious modern ship to Great Britain to study successfully and returned to Nigeria to build up the nation.

If only the Military had not truncated democracy - Nigeria would not have degenerated to the sordid state , of institutional corruption that have now compelled Nigerian Youths to ("Japa" ie, migrate), at very high costs and at the peril of their lives to offer themselves as slaves to the developed countries of Europe, the United States, Canada etc.!

EVEN AS WILLING SLAVES - THEY ARE BEING REJECTED, BRUTALIZED AND DEPORTED!

This expose' will be restricted to the human rights violation/dehumanization of all category of immigrants from Nigeria and other nations by the United States Immigration according to extracts from an article published by the Ministry of Foreign Affairs People's Republic of China.

"US Human Rights Abuse Against Refugees and Immigrants: Truth and Facts. 2023-03-30 10:00.

"In the 21st century, successive U.S. administrations have increasingly restricted immigration and treated immigrants harshly and inhumanely, with arrests, detentions, deportations and repatriation of immigrants on a large scale every year. The U.S. government arrested 850,000 migrants in 2019 and more than 1.7 million in 2021, a record high since 1986.

 "The number of immigrants detained has grown rapidly. In August 2022, U.S. Customs and Border Protection (CBP) detained more than 203,000 illegal immigrants from Mexico. In fiscal year 2022, more than 2.3 million refugees and immigrants were arrested at the U.S.-Mexico border. A record high of more than 430,000 immigrants were deported from the United States in 2013. The number still reached 360,000 in 2019.

 More than 100,000 have been repatriated each year. In large-scale arrests, detentions, deportations and repatriation, the human rights of immigrants are grossly violated, and humanitarian disasters occur frequently. In September 2021, more than 15,000 refugees from Haiti gathered in the Texas border town of Del Rio, waiting for a slim chance to enter the United States. The refugees were brutalized by U.S. border enforcement agencies, with patrols on horseback wielding horse whips, charging into the crowd, and driving them into the river. The CNN commented that the scene was reminiscent of the dark periods in American history when slave patrols were used to control black slaves. On 25 October 2021, the United Nations Human Rights Council condemned the systematic and large-scale deportations by the United States of Haitian refugees and immigrants without assessing their individual situations as a violation of international law.

"After COVID-19 broke out, the U.S. government used COVID as an excuse for large-scale deportations of illegal immigrants. In 2020, the U.S. government invoked Title 42 of the United States Code to prohibit immigrants from entering under the pretext of stemming the spread of COVID. Scientists at the U.S. Centers for Disease Control and Prevention said the practice lacks a public health rationale and could instead increase the likelihood of the epidemic spreading. Through this practice, the U.S. government has made over 1.8 million deportations, expelling at least 215,000 parents and children, of whom 16,000 are unaccompanied children. The immigrants who were not deported for the time being were sent to detention facilities and continued to be subjected to inhumane treatment.

"Political polarization in the United States is worsening its immigration problem. In recent decades, the immigration issue has become more entangled with economic, racial and ideological issues as well as cultural values. The Democratic Party and the Republican Party have kept attacking each other, and a compromise is hard to reach. 

"Democrats accuse Republicans of embracing nativism and white supremacy and inciting xenophobia and racial discrimination to win votes from the white population. Republicans accuse Democrats of accepting immigrants to gain more votes from ethnic minorities and more seats in the Congress. The partisan divide has prevented any significant immigration reform bill from passing Congress since the comprehensive Immigration Reform and Control Act of 1986. Both Democrats and Republicans had put forth their own immigration reform proposals, but they all hit a dead end very soon."

NIGERIANS SHOULD UNITE TO SUPPORT THE CAMPAIGN FOR ONE HOUSE (UNICAMERAL) PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH POPULAR REFERENDUM!

Was it not high time that all Citizens of Nigeria should join ranks to build a New Nigeria of our dreams that will be economically viable not only as the Merchant/Economic Nation of Africa but of the entire world?

IF WE ARE REJECTED BY OTHER NATIONS WE CANNOT BE REJECTED IN OUR OWN ANCESTRAL HOMELAND! THIS IS THE APPOINTED TIME FOR NIGERIA TO BECOME GREAT AGAIN!

Vanguard gathered that over 10,000 people had been deported from the U.K. between January 2019 and May 2022.30 Jun 2022

According to United Nations numbers, there are just over 700,000 migrants in Libya at the moment, making up just over 10% of the country's total population.9 Jul 2023

So far this fiscal year (through March 2024), immigration judges have issued removal and voluntary departure orders in 35.1% of completed cases, totaling 140,644 deportation orders.

ENOUGH IS ENOUGH !

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

PARLIAMENTARY SYSTEM WILL STOP THE MASSIVE BLOODSHED - CRUDE OIL FLOWS ACROSS NIGERIA!

ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 13. NO 557. 14th April 2024} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

PARLIAMENTARY SYSTEM WILL STOP THE MASSIVE BLOODSHED - CRUDE OIL FLOWS ACROSS NIGERIA!

In every annual budget since the discovery of crude oil in Nigeria in 1956, revenue from oil alone had always constituted not less than 85% of total overall appropriations!

The oil and gas sector plays a significant role in the economy, contributing about 65% of government revenue and 85%of total export.

The Federal Government had in the 2024 budget estimate projected N18.3 trillion revenue, expecting that N8.0 trillion or 43.9 percent would accrue from oil revenue.

However Niger militants and the entire indigenous people of the region had always claimed that without oil from their soil, Nigeria would not survive economically, when their political leaders were unfaithful in spite of the 13% derivation allocation to the oil-producing communities! The 13 % derivation fund comes from the federation revenue to oil-producing communities through the state governments as enshrined in section 162, sub-section 2 of the Nigerian constitution, but due to ripple effects of degradation of their soil through years of exploration/exploitation, they are now demanding for 30% of total oil and gas revenue for their region! In a Parliamentary System of government which citizens are demanding, the question or agitation for certain percentages from the Federal Government will no longer arise because grassroot constituencies would explore and utilize

such NATURAL ENDOWMENTS while agreeable percentages would be paid to the Central Government as at when due.

The Buhari APC Administration in November 2022 announced that over a billion barrels of oil was found in Northern Nigeria and that drilling had commenced.

The ex-president said the country also found 500 billion cubic feet of gas within the Kolmani area of Gombe and Bauchi, which had already attracted $3 billion investment when he flagged off the first crude oil drilling project in northern Nigeria, on the boundary of Bauchi and Gombe States on Tuesday 22nd November, 2022.

According to a Leadership Report, the NNPC had in October 2019 announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-eastern part of the country. The commercial quantity discovery was the first in the region after several crude oil explorations in the Upper Benue Trough. The oilfield will be developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and NNPC Ltd.

The discovery of oil and gas in commercial quantities in the Gongola Basin, according to NNPC, will attract foreign investment, generate employment for people to earn income and increase government revenues. During the flag-off in Bauchi on Tuesday, Mr Buhari said the successful discovery of the Kolmani Oil and Gas field by NNPC and her partners has finally broken a decade’s long jinx.

“THIS IS INDEED SIGNIFICANT CONSIDERING THAT EFFORTS TO FIND COMMERCIAL OIL AND GAS OUTSIDE THE ESTABLISHED NIGER DELTA BASIN WERE ATTEMPTED FOR MANY YEARS WITHOUT THE DESIRED OUTCOMES,” MR BUHARI SAID.

“This discovery had emanated from our charge to the NNPC to re-strategize and expand its oil and gas exploration footprints to the frontier basins of Anambra, Dahomey, Sokoto, Benue trough, Chad and Bida Basins. Similar activities across the other basins are currently actively ongoing.” 

“We are pleased with the current discovery of over 1 billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani area and the huge potential for more deposits as we intensify exploration efforts. “As a fully integrated in-situ development project comprising upstream production, oil refining, power generation and fertilizer, the project promises many benefits for the nation. This includes but is not limited to Energy Security, Financial Security, Food security as well as overall socio-economic development for the country,” he said.

Mr Buhari noted that considering the landlocked location and the huge capital requirement, the economics of the project is a challenging proposition.

“Consequently, from the onset, I instructed NNPC Limited to utilize and leverage their vast asset portfolio across all corridors of its operations to de-risk the project to attract the much-needed investment. I have directed NNPC to continue along these lines.

“It is therefore to the credit of this administration that at a time when there is near zero appetite for investment in fossil energy, coupled with the location challenges, we are able to attract investment of over USD 3 billion to this project,” he said.

According to him, this will surely be a reference subject for favourable discussion in the industry as we pursue the energy transition program that will culminate in our country achieving Net-Zero position 1 by the year 2060. “I have engaged the Governors of Bauchi and Gombe States, and both have given me assurances of their unwavering commitment and willingness to ensure support and cooperation in these localities as this activity affects the local populations,” he said. He urged the NNPC Ltd, NNDC, and their Strategic partners to ensure all lessons learnt from our years of experience as an oil-producing nation are utilized to ensure harmonious relationships with the local communities.

AS THE OIL & GAS FLOW ACROSS NIGERIA THE PARLIAMENTARY SYSTEM WOULD COMPLEMENTARY & COMPLETELY ELIMINATE THE AGGRESSIVE RIVALRY AND DICHOTOMY BETWEEN NORTH AND SOUTH!

URGENT NEED FOR A UNICAMERAL LEGISLATURE IS NOW!

A unicameral legislature refers to the type of legislature in which there is only one House or Chamber. 

It provides for diligence, dedication and accountability through hard work because ALL HANDS MUST BE ON DECK 24/7!

Below are salient advantages of Unicameral Legislature FOR NIGERIA!

On appointed days of the week Legislators/Parliamentarians and the PRIME MINISTER would seat and work together as a Team in the One Chamber and address constitutional duties of government according to priorities.

Unicameral legislature is democratic in that it ensures grassroot free/fair elections through direct voting system by the people.

. It is cost-friendly, cost effective because aspirants would not have to campaign across the entire country but within their locality and constituencies.

. Successful Parliamentarians would appoint from among themselves the leader of the party with the majority votes as Prime Minister who becomes head of government.

. Government has two executive posts namely: The Real Executive and the Ceremonial Executive who is decorative Head of the State.

. Members of the Press are regularly briefed to inform the public through their Media Establishments by the Prime Minister as appropriate or any member delegated by him.

. There is no specific tenure of office for the Prime Minister as it obtained in the Presidential system. A Prime Minister remains in office for as long as he or she performs creditably.

It could be Four years, Six months or Three weeks! His/her tenure depends on STERLING & ACCEPTABLE PERFORMANCE BY HIS COLLEAGUES - unlike SEAT-TIGHT LEADERS in a Presidential System!

. The Executive Prime Minister who is a product of the Legislature is responsible to his colleagues (the parliamentarians), with whom he shares a collective responsibility of the whole Council because he and his ministers were elected from among other members of Parliament.

. A Prime Minister may resign from office at any time instead of being kicked out through a VOTE OF NO CONFIDENCE by his colleagues!

.Bicameral legislature in Nigeria had always engendered rivalry in respect of superiority - upper or lower - not specifically highlighted in the 1999 Military Constitution of the Federal Republic of Nigeria!

.A Unicameral legislature prevents such squabbles.

.Unicameral legislature provides room for a faster process of law making because CONCURRENCY would not be applicable in moments of emergency!

INTRACTABLE INSECURITIES OF BOKO HARAM TERRORIST, BANDITS, GUNMEN KIDNAPPERS, ASSASSINS, MURDERERS, ARMED FULANI HERDSMEN ETC. WOULD BE COMPLETELY ELIMINATED WHEN A ONE-HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT IS ESTABLISHED IN NIGERIA!

.All able-bodied adults will be gainfully employed to earn living wages. People will dwell in harmony because all constituencies will be highly productive and competitive in industrial revolution in agriculture through information communication technology (ICT) and state of art equipments.

Agriculture will be the main stay of the economy that will even overshadow mineral resources/Oil and Gas. Every part of Nigeria will be developed to international standards.

The time to act is now! The present government of Bola Tinubu should realize that the Citizens have sovereignty over them who were selected/selected and appointed politicians!

Nigeria is adequately endowed roundabout and there should be no more negative indexes with which Nigeria have been labeled in the past!

It's time to act now in righteousness by discarding sinful attitudes of nepotism, cabalism, tribalism, feudalism, egotism, institutional corruption etc.!

"The fear of the LORD is the beginning of Wisdom!"

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

OVER 300% ELECTRICITY TARIFF INCREASE WILL EVENTUALLY BE PAID BY NIGERIAN TALAKAWAS!

ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 13. NO 556. 7th April 2024} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

OVER 300% ELECTRICITY TARIFF INCREASE WILL EVENTUALLY BE PAID BY NIGERIAN TALAKAWAS!

The Nigerian National Electricity Grid has collapsed forty six times between 2017 and 2024 in spite of the billions of billions of United States dollars expended on the inexpendable project!

On Thursday 4th April 2024 it collapsed for the second time in the year and plunged the entire nation into complete darkness while Nigerian Electricity Regulatory Commission had completed plans to increase ELECTRICITY TARIFF OF BAND [A] CONSUMERS - THE INDUSTRIES SECTOR BY OVER 300%!

Resilient Nigerians who have been used to paying for services never rendered by consecutive Regulation Authority took the ineptitude of an Oligarchy Government as usual in their stride and moved on! According to NERC, that industrial sector would consume 20 hours of daily and must therefore pay higher premium!

PREVIOUS ATTEMPTS TO INCREASE ELECTRICITY GENERATION IN NIGERIA HAD FAILED!

On 13 February 2019, during Buhari's second- term bid, Sahara Reporters, New York, published the following article which stated that "$16bn Obasanjo Spent On Power Project Will Be Probed, Says Buhari" Buhari said his government would do everything possible to recover the money and uncover those behind the scam.

President Muhammadu Buhari has reiterated his resolve to probe the $16billion spent on the failed power project by the administration of former President Olusegun Obasanjo.

Buhari said his government would do everything possible to recover the money and uncover those behind the scam.

He stated this on Tuesday while speaking in Yenagoa, the Bayelsa State capital, during the All Progressives Congress (APC) presidential campaign rally.

Although he did not mention Obasanjo, Buhari said: “The previous government mentioned on their own that they spent $16billion on power, but you are better witnesses than myself; where is the power? Where is the money? We will follow them; eventually, God willing, we will catch them and get our money back.”

The Nigerian government was reported to have spent N16billion on power projects between 1999 and2007 when Obasanjo was in power."

END OF STORY! THEY HAVE ALL MOVED ON WITHOUT PROFFERING SOLUTION TO POWER OUTAGE IN NIGERIA!

 

How much does Nigeria need to get 24/7 electricity asks Opeoluwa Dapo-Thomas in a publication in Nairametics precisely one year ago!

As of December 2022, Nigeria has a generating capacity of 22,000 megawatts Nigeria as of 2020, has 54% electricity access

Despite the nature of the country’s electricity, Nigeria exports electricity to neighbors Niger, Benin, and Togo.

Over the years, one question that has yet to be answered despite promises made by successive governments is the possibility of the country having electricity for 24 hours a day, and 7 days a week. According to reports, 8 out of 10 Nigerians lack access to 10 hours of power supply. This means that most households and businesses do not have access to electricity for up to 10 hours. This has made doing business in the country increasingly difficult as most companies incur additional costs to have access to electricity through generating plants. Also, the unavailability and high cost of diesel, and petrol have further compounded woes and increased prices of goods in the market.

Electricity generation, transmission, and distribution now on concurrent list, but…

In Nigeria, electricity generation, transmission and distribution are placed on the concurrent legislative list. This means that both the federal and state legislatures share power in this regard. However, there are some limits to the power which a state can exercise in some instances as electricity. In paragraph 13(b) of the concurrent legislative list, the national assembly is vested with the power to make laws as regards the generation and transmission of electricity to any part of the country.

In paragraph 14(b) the state is only vested with the power to generate, transmit and distribute electricity to areas not covered by the national grid within the state. This means that now the federal government was vested with the sole right to electricity in the country. However, in March 2022, the lawmakers at the National Assembly passed a bill to reform the 1999 constitution. The bill allows states to generate and transmit their own electricity (without fully relying only on the national grid). Despite having a generating capacity of 22,000 megawatts, the country’s power generation peaked at 4,594.6MW as of November 2022. The electricity generated is considerably low considering the country’s population of over 200 million people.

In July 2019, the FG signed a deal with Siemens AG to increase electricity generation to 25,000MW in six years. In phases, it’s expected to increase from its current capacity to 7,000MW by 2021, 11,000MW by 2023, and 25,000MW by 2025. Also, based on international standards of 1,000MW to one million people, the country is expected to at least generate 200,000MW to give the population better access to electricity.

In Africa, Egypt, Morocco, Tunisia, and Algeria are countries with the most access to electricity with 100 per cent access. In Egypt, the country overcame its electricity woes through investment. In 2015, it signed a $4.4b deal with Siemens AG which built three power stations with a combined output of 14,400 megawatts in two years. According to President El Sisi, $39 billion was spent between 2014-2019 to double electricity output to about 60,000MW in the country.

Nigeria needs to spend at least $100 billion for 100% access to electricity 

24/7 electricity in Nigeria will no doubt come with a cost to Nigerians and consumers. In an earlier article, having electricity 24/7 is possible. One of the ways this can be done is through the clustering of electricity. This means neighborhoods/areas/places with almost similar consumption rates and under an agreement can negotiate a deal for their own power. The earlier report highlighted how it was possible to achieve this through a blend of 60% from grid supply and 40% from generators through an independent operator at an initial N95/kWh. The cost could rise as reported, based on some factors which are not limited to gadgets usage in a household, amount of electricity from the national grid, and cost of fuel. This could cost between N100, 000 to N400, 000 or more monthly. 

This will also raise questions about the commitments and willingness of Nigerians to pay. The population in Egypt is around 109 million which could as well pass as half of the population of Nigeria. With Egypt’s expenditure that high within the timeframe, and considering the cost in recent times, Nigeria might spend $100 billion as the minimum within the same timeframe or more to provide constant electricity and increase access to almost 100 per cent.

In Nigeria, the main source of electricity is Thermal and Hydro. Nigeria can take a clue at Morocco in exploring other sources to provide electricity for its citizens. According to state-owned power utility ONEE, Morocco’s electricity production in 2021 came from coal (37.08 per cent), hydroelectricity (16.14 per cent), fuel oil (7.67 per cent), natural gas (17.72 per cent), wind (13.37 per cent), solar (7.58 per cent). Nigeria can explore this to shift towards renewable energy sources which will help provide more sustainable power.  Electricity access to as high as 100 per cent in the country is possible but will come at a cost.

ALL OF THE ABOVE LOFTY SUGGESTIONS COULD HAVE PROFFERED THE RIGHT SOLUTIONS IF MR. PRESIDENT BOLA TINUBU HAD NOT COMMITTED SOCIO-ECONOMIC SUICIDE ON 29TH MAY 2023!

Nigeria will now need not less than USD$400 billion dollars to produce 24/7 electricity for over 230million Nigerians! And where would a debt-ridden government that executes only annual recurrent expenditures of purchasing/ importing exotic luxurious vehicles and paying unfailing salaries/allowances to elected/appointed politicians find funds to  fix electricity for the Sovereign Citizens of 1999 Military Constitution of the Federal Republic? 

TAX THE RICH AND KILL THE POOR WITH HYPER INFLATION!

If NERC plan works out, more tariff would be collected from over TWENTY MILLION high-grade consumers across the 36 states of the federation and FCT Abuja. However, the affected industries would definitely pass cost of increase in production to the Poor whom NERC intended to succor due to another POLICY SOMERSAULT by the rudderless administration!

This government claims to have SUBSIDIZED ELECTRICITY LIKE PMS (PETROL)!

Every LIE has an EXPIRY DATE!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.

NIGERIAN ARMY MUST STOP THE BLOOD SHEDDING IT BEGAN IN 1966 NOW!(EASTER EDITION - 2024).

ZION B-BC

 NEWSLETTER.

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria. {Vol. 13. NO 555. 31st March 2024} “…ONLY The Truth, Will Set You Free! (John.8:32). PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

NIGERIAN ARMY MUST STOP THE BLOOD SHEDDING IT BEGAN IN 1966 NOW!

(EASTER EDITION - 2024).

The Nigerian Army was an institution of honour and high repute until they dipped their hands IN CIVILIAN BLOOD IN 1966! Constitutionally the Nigerian army duties should be limited to defending The Nigerian Nation from external aggressions and when necessary to participate with great caution in Internal Security (IS Operations), as a defensive arm of government! However some adventurous soldiers mostly of the South East extraction on 15th January 1966 concocted some spurious allegations of tribalism, ethnicity but most importantly large scale institutional corruption against the politicians barely five years of freedom from colonialism into a constitutionally-elected parliamentary system of government and overthrew the legitimate institution!

No blood was shed during several years of negotiations between British Colonial masters and the founding fathers of Nigeria's independence and so it was very strange that guns were used to snuff out lives of Innocent Nigerians especially leaders of the Northern and South-Western parts of the country! It later became clear to all and sundry that the Igbo-dominated coup plotters had a hidden agenda to subject Citizens to military dictatorship! A reprisal against the coup in July of the same year eventually led to secession by the then Eastern Region from the rest of Nigeria and a continuous flow of Innocent Blood continued for the 30 months that a civil war lasted in the country! The 30 month Biafran or Nigerian Civil War began on 6th July 1967 and ended on 15th January 1970 under the commands of General Yakubu Gowon and late Colonel Odumegwu Ojukwu with the unifying declaration of "NO VICTOR NO VANQUISHED slogan initiated by Rtd.General Gowon.

FIFTY-EIGHT YEARS OF CONTINUOUS BLOODSHED IN NIGERIA (1966-2024)!!!

From the first salvo of gun shot fired on 15th January 1966 by clandestine soldiers, tons and tons of blood of Innocent Nigerians have flowed ceaselessly to date! During the CIVIL WAR alone, government documented that not less than 1.5 million lives - civilians/soldiers perished! It is very safe to conclude that the military introduced bloodshed, sustained bloodshed AND IS STILL BENT ON PERPETRATING BLOODSHED IN NIGERIA!

Nigerians are industrious and peaceful people by nature in spite of the DIVERSITY that should normally be harnessed to build a very economically-viable country like the United States of America! Instead, suspicion and insincerity had existed in the political game of Nigeria since the unfortunate incident of 1966 because the dichotomy between North/South could not be breached because it got wider and wider by the day!

THE SOLDIERS HELD NIGERIANS TO RANSOM WITH THE GUNS FOR 30 YEARS!

Beginning with the 1996 Military Coup, the Nigerian army remained in power without anyone challenge them because they succeeded themselves with one coup after another! However they failed to realize that during their long tenure of changing batons through military high-handedness, all manner of aggrieved/disadvantaged groups began to amass illegal weapons which are now more sophisticated than what they could boast of! And they began to challenge the Army, the Police, Prisons (correctional facilities), and all security architectures in Nigeria! THE NIGERIAN DEFENSE ACADEMY, WAS NOT SPARED!

Right now violent attacks against all military installations across Nigeria has boxed Mr. 'Bola Tinubu's Federal Government into a very tight corner - when juxtaposed with the UNPARDONABLE POLICY SOMERSAULTS OF OUTRIGHT REMOVAL OF PETROLEUM SUBSIDY, FROM DAY OF INVESTITURE AS MR. PRESIDENT, MERGING OF OFFICIAL/PARALLEL FOREIGN EXCHANGE RATES, FLOATING OF A VERY WEAK AND DROWNING NIGERIA NAIRA CURRENCY; ETC. It is a shame that Nigeria which is regarded as the giant of Africa will now find itself in this kind of security quagmire!"BLOODY CIVILIANS" can now boast of more Guns than those of the security operatives put together!

 From the Niger Delta (South-South), during the Olusegun Obasanjo into the Yar'adua/Goodluck Jonathan Administrations, to the North-East, dissident groups included religion and ethnicity into their grouse against the Ruling Class and let loose mayhem on innocent Citizens of Nigeria! Militants of the Niger Delta coupled with Boko Haram insurgents flourished from 2007- 2024 and the blood continues to flow! Now, the Boko Haram terrorists have metamorphosed into bandits, rapists, armed herdsmen harassing farmers all over the country by deploying cows as shields to penetrate all societies and there's virtually no community that has been spared from their menace!

ATTACKS ON SECURITY AND MILITARY INSTALLATIONS IN NIGERIA ARE NOT NEW!

Between 2010 and 2024 Nigeria had faced several attacks from Boko Haram and other insurgencies and several gallant soldiers/security operatives have lost their lives in the process! Righteousness exalts a nation, but SIN is a reproach to all people according to biblical tenet but the crop of Nigerian politicians from 1999-2024 care less because they were very determined to enrich themselves even MORE THAN THE SOLDIERS! It should be regarded as ABOMINATION FOR CIVILIANS TO ATTACK THE MILITARY AND KILL THEM IN COLD BLOOD but from the preceding narratives the CULPABLE PARTY IN THE VERY DISGRACEFUL ANALYSIS ARE THE MEN IN KHAKI!

1) The constitutional duty of soldiers is to protect Nigeria and Nigerians from external aggressions!

2) They should always remember that they constitute a Force guided by chains of commands from the top most hierarchy which must be carried out with utmost alacrity and dedicated commitment.

3) The military are a bunch of trained security operatives who have passed through various deliberate and well-calculated indoctrination and should not throw all of those intrinsic values into the winds because of illicit gains!

4) They should be ready at all times to always obey Rules of Engagement to avoid being blamed for collateral damages in situations when things went wrong.

5) Soldiers were not supposed to delve into civil politics/administration with the evil agenda of tribalism, nepotism, cabalism etc, by shedding INN0CENT CIVILIAN BLOOD!

6) BUT FOR THAT UNWARRANTED MILITARY INTERVENTION IN 1966, NIGERIA WOULD HAVE BEEN THE MOST PEACEFUL AND ECONOMICALLY-VIABLE NATION OF THE WORLD TODAY!

7) THE PARLIAMENTARY SYSTEM OF GOVERNMENT OF DR. NNAMDI AZIKIWE AS CEREMONIAL PRESIDENT AND ALHAJI TAFAWA BALEWA CAN BE DESCRIBED AS THE MOST PEACEFUL IN NIGERIA TO DATE.

8) Now that they have realized the enormous bloodshed they have caused in Nigeria since 1966-2025, they should be ready to make necessary RESTITUTIONS!

TO EVERY CHALLENGE THERE IS A SOLUTION!

The Solution rests squarely at the doorstep of the Nigerian Army and the Armed Forces including all Security Operatives put together to now join hands with THE ONGOING CAMPAIGN FOR A REFERENDUM THAT WOULD JETTISON THE VERY COSTLY AND CORRUPTION-INFESTED PRESIDENTIAL SYSTEM OF 24 YEARS AND REPLACE IT WITH A UNICAMERAL PARLIAMENTARY SYSTEM THAT IS COST -EFFECTIVE AND WILL ENABLE ALL NIGERIANS FROM THE GRASSROOTS TO PARTICIPATE IN A TOTALLY VIOLENT-FREE AND STABLE GOVERNMENT FOR THE PEOPLE - JUST AS IT OBTAINS IN THE UNITED KINGDOM.

THIS IS THE MAJOR TASK BEFORE THE MILITARY AND WE BELIEVE THAT THEY WILL JOIN HANDS WITH MILLIONS OF NIGERIANS TO ACTUALIZE TRUE DEMOCRACY AS WE MOVE INTO THE SECOND QUARTER OF THIS YEAR 2024! THIS TIME AROUND SOLDIERS WILL SHOUT WITH TOPMOST VOICES AND NOT THE BARRELS OF GUNS IN SUPPORT OF UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT THROUGH POPULAR REFERENDUM! GOD SAVE NIGERIA AMEN!

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to: facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,

Please look forward to divine revelations in The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.