Indeed You alone know Yourself by Your internal potency O Supreme Person Origin of all Lord of all beings God of Gods Lord of the universe The Supersoul You are the Supreme Primal Objective You are the ultimate resting place of the universe You are inexhaustible and You are the oldest You are the maintainer of the eternal religion, the Personality of Godhead Oh master of the senses Oh Primal Lord O Limitless One God of Gods Refuge of the universe You are the invincible source The cause of all causes You are the knower of everything and all that is knowable You are the supreme refuge above the material modes O limitless form This whole cosmic manifestation is pervaded by You O unbounded power You are the master of limitless might You are all-pervading and thus You are everything Omniscient The ancient The Ruler of the whole world Minuter than the atom The supporter of all Of form inconceivable Effulgent like the Sun and Beyond the darkness There is nothing whatsoever higher than you You are the Sapidity in Water The Light in the Moon and the Sun You are the syllable OM in all the Vedas Sound in ether You are the Virility in men You are the sweet fragrance in earth and the brilliance in fire You are the life in all beings The austerity in the austere You are the eternal seed of all beings The intelligence of the intelligent You are the Splendor of the Splendid You are the Strength of the Strong Guest
Daniel Richi

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Ex President Jonathan Send Message Of Hope To Nigerians. See FULL TEXT.

Goodluck Jonathan Has Told Nigerians Not To Despair Despite The Many Challenges Facing The Country And Its People.Jonathan In His ...
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Ex President Jonathan Send Message Of Hope To Nigerians. See FULL TEXT.
~5.7 mins read
Goodluck Jonathan has told Nigerians not to despair despite the many challenges facing the country and its people.
Jonathan in his 2020 independence day message on the occasion of the 60th anniversary of Nigeria’s independence day celebration, said despite the challenges facing the country, there is the need to maintain optimism.
He recalled some of the great moments Nigeria has recorded particularly in sectors such as sports and entertainment, adding that despite the mixed fortunes, the country has a great future ahead.
Jonathan called on Nigerians to use the opportunity of another independence day celebration to emphasize on the issues that unite us as a country and work towards building strong institutions that transcend all forms of differences.
Below is the full statement personally signed by Jonathan and made available to Naija News via his Twitter page on Thursday.
“I congratulate all Nigerians as we celebrate our 60th Independence Anniversary. Today is another unique day in our nation’s history. It marks six decades of the anniversary of our self-rule.
It is an occasion that commemorates our political freedom.
Sixty years ago, we made a procession of victory, as we bade farewell to colonialism and emancipated our lands from the clutches of servitude.
It was a day of hope, promises and great expectations amplified by the reality of freedom and the vista of vast opportunities.We may not have met all the expectations and fulfilled all the promises that came with our independence.
It may seem that we are punching below our weight in terms of the rate of development and economic growth but we have recorded some progress, triumphed over challenges and excelled in many spheres.
In sports, entertainment, arts, education and even in politics; The Green – White – Green has flown with pride, honour and dignity in the comity of nations, in the last 60 years.
Like many other great nations, our journey has been that of mixed fortunes. Our nation has been through periods of progress and times of setbacks. We have experienced eras of strength, unity and faith as well as seasons of weakness, trials and despair.
Despite these challenges, we have remained as one, and nurtured our democracy to 21 unbroken years.
Nation building is a journey and everyone has a role to play for us to arrive safely in our desired destination.
Nation building is a journey and everyone has a role to play for us to arrive safely in our desired destination. Today, we are confronted with numerous challenges and we require the commitment of all citizens to stabilize this nation.
As a democrat, I believe that democracy remains the best platform for nation building, as it affords every citizen the opportunity to have a say on how our country should be governed.
I, therefore, urge us to make investments that will shore up the democratic gains and work towards building strong and virile institutions.
We need to harness the greatness that lies within our diversity and the strength of our population, to recreate and build the Nigeria we desire. We must de-emphasize our fault lines and concentrate on the silver lining within our lands.
Every great nation is built on the patriotic sacrifices of its citizens. We should show love, unity and understanding in times of trials and never lose hope in the presence of despair.
This is the spirit that is required to build our nation, to enable us live in the land of our collective dreams.
Today Nigeria and the rest of the world are going through a major health crisis, that has continued to threaten the stability of states and their institutions as well as the lives and livelihoods of citizens. We must never give up, no matter the challenges we face today. We should not live in despair of opportunities lost or dreams deferred.
Let us seize the opportunities that this pandemic presents to recreate and build a stronger nation. Our success as a nation lies in the fervency of our faith, the strength of our unity and commitment to our national creed: unity and faith, peace and progress.
Let us work in solidarity to ensure that this national creed does not become a mere slogan but a lived experience for all.
Dear Compatriots, as we celebrate the Diamond Jubilee of our independence, we should recognize that not many are privileged to witness this moment as some have paid the supreme price defending and upholding our nation’s unity and advancing the course of our nationhood.
I wish to pay a special tribute to these patriots who will continue to be our heroes. And to all other Nigerians, this is not a time to lose faith in our nation.
We should be steadfast in service; promoting peace, unity and hope. Let us sustain the national conversations in search of equity, justice, and unity, and progress.
Happy Independence Anniversary!”
Depressed Economy Of Nigeria Will Bounce Back Buhari Says

THE KEY POINTS
replace ERGP 2017-2020

a Major Challenge
roads To Be Built
line For Completion
5 Tech CollegesNIGERIA’S Economy Which





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Depressed Economy Of Nigeria Will Bounce Back Buhari Says
~8.1 mins read

THE KEY POINTS


replace ERGP 2017-2020

a major challenge
roads to be built
line for completion
5 tech colleges

NIGERIA’S economy which has been projected to go into recession this quarter will return to recovery next year, the President said on Thursday.
President Muhammadu Buhari raised the hope when he presented the 2021 budget estimates for Federal lawmakers consideration.
He tagged the N13.08 trillion estimates as Budget of Economic Recovery and Resilience.
Buhari said: “The Nigerian economy is currently facing serious challenges, with the macroeconomic environment being significantly disrupted by the Coronavirus Pandemic.
“Real Gross Domestic Product (‘GDP’) growth declined by 6.1 per cent in the second quarter of 2020.
“This ended the three-year trend of positive, but modest, real GDP growth recorded since the second quarter of 2017.
“I am glad to note that through our collective efforts, our economy performed relatively better than that of many other developed and emerging economies.”
According to the President, the economy may slip because the “GDP growth is projected to be negative in the third quarter of this year. As such, our economy may relapse into the second recession in four years, with significant adverse consequences”.
He added: “We are working assiduously to ensure a rapid recovery in 2021. We remain committed to implementing programmes to lift 100 million Nigerians out of poverty over the next 10 years.”
The President said liquidity of the economy will be boosted with the withdrawal of subsidy and the reforms of the electricity sector.
He said:  “The new petrol pricing regime has freed up resources that was allocated to subsidise petroleum products. Similarly, the ongoing IPPIS verification exercise has closed gaps that encourage ghost workers or pensioners. The service reflective electricity tariffs will help resolve liquidity crisis in the power sector and make the sector attractive to foreign investment.”
He noted that since skills’ deficits limit employment opportunities in the formal economy, various skills’ development programmes are being implemented simultaneously to address the problem frontally.
“For instance, the Government is implementing the Special Public Works programme to provide employment opportunities to 774,000 youths across the 774 local government areas of Nigeria.
“We have also recently introduced the N25 billion Nigeria Youth Investment Fund.
“We thank all Nigerians, for your perseverance and continued support during these difficult times. We remain unwavering in our commitment to actualise our vision of a bright future for everyone.”

2020 performance

On the performance of the 2020 budget, Buhari urged the lawmakers to recall that the 2020 ‘Budget of Sustaining Growth and Job Creation’ was amended in response to recent fiscal pressures.
He added: “I am glad to report that these efforts enabled us to effectively respond to the public health challenge of Coronavirus outbreak and moderate economic impact.
“Pursuant to our revised assumptions, the amended 2020 Budget was based on a benchmark oil price of $28 per barrel; oil production of 1.80 million barrels per day; and exchange rate of N360/$.
“Based on these budget parameters, aggregate revenue of N5.84 trillion was projected to fund N10.81 trillion in expenditure.
“The projected deficit of N4.98 trillion, or 3.57 per cent of GDP, is expected to be financed mainly by borrowing.
“In 2020, average daily oil production was 1.88 mbpd up to June, as against the revised estimate of 1.80 mbpd for the entire year.
“However, the market price of Bonny Light crude averaged $40.79 per barrel, significantly higher than the revised benchmark price of $28.
“As at July 2020, the Federal Government’s actual revenue available for the budget was N2.10 trillion.
“This revenue performance was only 68 per cent of our pro-rated target in the revised 2020 budget.
“At N992.45 billion, oil revenue performed well above our budget target, by 168 per cent.
“Non-oil tax revenues totalled N692.83 billion, which was 73 percent of the revised target.”
He said that in order to improve independent revenue performance, he had directed that the cost profiles of Government Owned Enterprises (‘GOEs’) should be scrutinized and limits imposed on their cost-to-revenue ratios.
He said he has also ordered Supervising Ministers to ensure closer monitoring of the revenue generating activities and expenditures of the Government Owned Enterprises.
On the expenditure side, Buhari said a total of N5.37 trillion had been spent as against the pro-rated expenditure of N5.82 trillion as at end of July 2020.
Accordingly, he said that the deficit was N3.27 trillion which represents 66 per cent of the revised budgeted deficit for the full year.
He added: “Despite these challenges, we met our debt service obligations.
“We are also up to date on the payment of statutory transfers and staff salaries, while overhead costs have been significantly covered.
“For the first time in recent years, we commenced the implementation of this year’s capital budget in the first quarter.
“As at 15th September 2020 a total of about N1.2 trillion had been released for capital projects.
“Every Federal MDA has received at least 50 per cent of its 2020 capital expenditure budget, in line with my earlier directives.”
He lamented that revenue generation remained a major challenge to the nation’s economy.
“Nevertheless,” the President said, “Government is determined to tackle the persisting problems with domestic resource mobilization, as there is a limit to deficit financing through borrowing.”
He added: “The time has come for us to maintain a healthy balance between meeting our growing expenditure commitments and our long-term public financial health.”

2020 achievements

President Buhari also spoke about the key achievements of his administration in the 2020 fiscal year.
He said that his administration implemented several priority projects over the course of the year.
Buhari added: “Government has delivered on key policies, programmes and projects in these priority areas.
“In agriculture, we have recorded appreciable success in rice and other crops mainly through the Anchor Borrowers Programme and the Presidential Fertilizer Initiative, anchored by the Central Bank of Nigeria and the Nigeria Sovereign Investment Authority, respectively.
“We are also accelerating the construction of 337 rural roads around key agricultural corridors to enhance access to market and reduce post-harvest losses.
“These efforts have reduced the adverse impact of Coronavirus on our food availability, prices and security.
“We have made progress on the railway projects connecting different parts of the country.
“The Lagos-Ibadan Line will soon be operational. The Abuja-Kaduna Line is running efficiently.
“The Itakpe-Ajaokuta Line was finally completed after over 30 years since it was initiated and commissioned in September 2020.
“Arrangements are underway to complete the Ibadan-Kano Line.
“Also, work will soon commence on the Port Harcourt-Maiduguri Line and Calabar-Lagos Coastal Line, which will connect the Southern and Eastern States to the North, and the South-South as well as South-East to the North, and South-West, respectively.
“The Second Niger Bridge is at about 46 per cent completion. We hope to commission the project before the end of our tenure in 2023.
“We have awarded several contracts to rehabilitate, reconstruct and construct major arterial roads, in order to reduce the hardship to commuters and increase economic activity.
“To bridge the infrastructure deficit, we are also implementing innovative financing strategies to pull-in private sector investment.
“The Infrastructure Company, which I recently approved, will become a world-class infrastructure development vehicle, wholly focused on making critical infrastructural investments in Nigeria.
“This Infrastructure Company will raise funding from the Central Bank of Nigeria, the Nigeria Sovereign Investment Authority, the Africa Finance Corporation, pension funds as well as local and foreign private sector development financiers.
“Under the Road Infrastructure Tax Credit Scheme, we are undertaking the construction and rehabilitation of over 780km of roads and bridges, nationwide, to be financed by the grant of tax credits to investing business.
“Ongoing projects under this scheme include: Construction and Rehabilitation of Lokoja-Obajana-Kabba-Ilorin Road Section II (Obajana-Kabba) in Kogi and Kwara States;
“Construction of Apapa-Oworonshoki-Ojota Expressway in Lagos State; and construction of Bodo-Bonny road with a Bridge across the Opobo Channel in Rivers State.
“To enhance good governance, we strengthened our anti-corruption agencies to ensure they work independently and jointly, while respecting the rule of law.
“We have also worked to address emergent cases of insecurity and insurgency, nationwide, with innovative approaches.
“Our security operations in the Niger Delta, North Central and North West are yielding desired results.
“We are determined to get rid of bandits, kidnappers and criminal behaviour from our midst.”

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