 ڈ ڈ ڈ ڈ ڈ  Qur'bu  expanding to bring back people still didn't practice  Impact percussion  σğlamaan 続 짧 Bead ivan  interns  tickingenschaft nigeria twime jia jia నిని నినికషా. నినిమాయాయా నిహానినాయాయాయాయిసిసి కర౿నిమ౰ నిటత౨ినిమాకాటరిలిలీత౿తిం౟ర్. the picture. And so according to the garden, cortisol will be dealing with the spiking inflation, the volatile exchange rate, 6.8 billion dollars backlog, contentious 22.7 trillion naira, ways and means, advances, ambiguous external reserves, falling bank adequacy ratio, high interest rates. Chris let's start with this. Yes, he has his work contacts. And today, you know there has been this story around some people raising their eyebrows that he has resumed to what I've been seeing. I've started to really, my data. Yes. There are so much on the ground for him to chew. The principal for me is the sliding rate of the naira. As you rightly mentioned during the course of your initial talk, the naira is aging towards a thousand to a dollar. That is the first in the history of naira since we get independence in 1960. It has never happened. If I hear it, I hear it has even gotten to a thousand one hundred, a thousand two hundred two dollars. Well, I came back about three days ago from Canada for this. It was hoping about 9.50 or 9.49. So it has gotten to one thousand. That is a big problem. And that in itself puts so much pressure on so many things. The fourth and third as you rightly mentioned also is the fact that we are not exporting more. We are not anymore. And that in the service is making pressure. But that's going to detract that to do some more weeks back, we are told that the NNPC, NNPC got millions of dollars to one of the countries of facilities of yes, but I don't know how much it was. Just to be able to break down the course of that. And there is going to be an exchange of code. I'm sure you still remember that. But what they have to dam money to now nobody has told us. The effect of that money nobody has told us. I don't know. You know this issue of issue statement, policy statement, so-and-so and the rest of them. I think it's the government part of this government. And they just have to be careful. There have been so many policy statement that have been made by this government. That at the end of it will come to power that it is not true. I remember the one of Dubai and the resumption of Emirates. I remember, I can also remember, we are the first one of the president also. I met the trust African leader to ring the Nasdaq bell and come to find out that it's not true. And so on and so on. If this money, as they said, was secured the dollars, what are we going to use it for? How are we going to use it to cushion the effect of the rising cost of the Naira, I guess. But I know that we are not having it because basically you just have to export. The basic thing is you have to end dollars. And how do you end dollars is by exporting. If you look at, we are not using our open water. Our open water is about 1.6 million barrels of crude oil on a daily basis. But it has come down the last time we had, which is about a week or three ago, is that we are losing about 450,000 barrels of crude oil every day, 450,000. So we are having a show for about 450,000. That is a count about close to about 30 million dollars. I can't do the math now. But once again, the governor of the central bank has a job called out. And I hope that he will hear the gun running and be able to tidy up things. And see if the Naira is as worthless as this is what, with all due respect, the government of the central bank was saying that the money, you got that money, it was like tissue money. And he didn't go so bad about it that he asked the civilian governor to be executed. But that is where we are. It is quite unfortunate. Let's what happens in the next few days and look at the monetary policy that we come that the new central bank will come up with the ministry of finance, not just because the governor of the central bank cannot do it. Both the president, his cabinet and central bank of media just have to do something to be able to stem this diet as it will. Okay, so let's move forward. Court dismisses PDP labor expeditions against Song Oluhamsat. Well, were you expecting anything contrary? No, you should know. I wasn't expecting anything contrary. But I will continue to say it. And I have been saying it and I continue to say it that most of the problems that we had, post-election problems that we had after the 23th election, most of the problems would be hit on the table of INEC. That is for me. It's INEC. INEC, INEC, INEC. And I have been seeing all these judgments. No pronouncement has been made against INEC. They will say, oh, you didn't do that. Let me give you a classical example. A canon, 165,000 votes were avoided. 165,000 votes. That is the vote, the total vote in some states that voted for governorship. That was avoided. Why? Because the ballot papers were not stamped or signed. And now, because of that, you denoted that, after denoted that, you now say that the APC won the election in Canada. Not the NMPP. And I ask myself, who do you blame? Are you blaming the political party? Are you blaming the governorship candidate of the NMPP that participated in the election? Or the INEC that did not do its job? So nobody is talking about INEC. Yes, we voted billions and billions for this last election. And look at what we got. The same thing with the presidential election. We are talking about the tribune that said, oh, we had never let them transmit their result and the rest of them. But this wasn't what we were to do by INEC before the election. And nobody is making any example of INEC. And that is the problem for me. I don't know. I don't know who is playing these politics. And that is where a lot of people are losing confidence in the judiciary. So what is now that when the next election don't depend on INEC, do as much as you can do to get yourself across the line. That is what is happening. Because if you look at the tribune judgment, there are so many contradictions. You see this particular tribune, we use this criteria to deliver a judgment. The other tribune we use and we say that we have different rules by which this tribune operates. I don't know what is happening. But my own is still INEC. INEC drop the poor. And most of this blame we put on because if you look at the 2015 election, we didn't have this level of litigation. The INEC did a good job in 2015 to result the election that brought Mama Dupar, which was why the president then put a jointer's letter. I'm okay with the results. I'm not going to file any case because he was satisfied with the process. He was the one that supervised the process. So he was satisfied. But this particular was seeing what is happening in every way. We are not a kindness of the whole system and nobody is talking about it. It's getting me so worried. Many Nigerians are worried with the way the judiciary is handling this whole process. First of all, it's unfortunate that Nigerians are looking to the judiciary to determine who becomes governor and president. They haven't gone to the polls in the first place. And then many Nigerians are not excited with the way the results are coming out from the courts. The judgments are coming from the courts. But then I remember what Justice Opputa said. If the executive misbehaves, you go to the judiciary. If the legislative arm misbehaves, you go to the judiciary. But when the judiciary misbehaves, who do you go to? That's the question. Who do we go to? It's my constituency. We have the agency. It's my constituency. We have the engine. There's always a process. Even within the MBA, there's a disciplinary committee that look at issues. If you have any problem with any lawyer, you have a right to be able to petition the MBA. They have a committee within the MBA. Yes, yes. Who are those at the judicial council? No, no, no. It's not because of who are those at the judicial council. Because if you start acting that you ask yourself who are those at the judicial council. No, no, no. It doesn't work that way. Let me tell you. There are some people that are supposed to be above board. Yes, there are people that are above board. Of course, you've seen judgements. You've seen judgements on mother. You've seen judgements on issue of what do you call it? EFCC, ICPC, name mix, corruption and the rest of them. So it is not. What I've said is that there are still issues. And that is why, let me also do this. That is why the travenas are not the final stop. You still have the court of appeal. You still have the supreme court. Like the PDP and the labour party they are already appealing. And I understand that the body of legal state is also going to appeal. Yes, he has the right to appeal. Yes, he has the right to appeal. There have been so many let me tell you this. First thing for example. A classical example is what happened on Ocean State. I didn't get lost at the tribunal. When it went to when it was it. I didn't get one at the tribunal. Then APC went to appeal, went to court of appeal. APC won at the court of appeal. You got the correct minister. Then from there, I didn't get appeal to the supreme court. And he won at the supreme court. So he can see those three processes. So he lost first, he won first. He lost at the second. And he won at the top. Let us wait and see what we happen at the supreme court. So far so good. The judgment, the ways for me, there is a lot of distortion here. Yeah. Okay, so let's move forward. Let's go to East West Road. Is still abandoned according to reports on this front page of the garden. East West Road still abandoned Hellish 17 years after. What can you tell us about that road? You need to go to that road. You are part of the sasa. So now on the road. But I will tell you for free. Billions and billions of narratives went on that road. Recently about two months ago I was in Akwaibor, Akwaibor State. I was in Uyo. And for whatever reason, I missed my flight. I have to not travel from Uyo to Kotaku to get a flight. And I have to get a flight. And I had a firsthand knowledge of that East West Road. You'll be shocked the state of that road. And I've got why is it that the successive government over the years have not been able to put that road. Despite the billions and billions of narratives that has been on that road. The minister of war, the minister of war, the minister of Niger Delta also even the NDDC. These three agencies, these three government agencies have not been able to put get this right. So I am shocked. But we are still back here because I know that even during the good Lord Jonathan era this thing we are giving some instruction we are giving by the government of good Lord Jonathan to get that road fixed. But it is still obvious that that road was not fixed. And it is the deployable state of that road. And that is a road that transplants of the Niger Delta as it were. And you can be shocked the level of road. So I don't know what is happening. I think the current minister and the former minister of war also promised that that road will be completed. But I don't know is it that the one that was voted for the road was embezzled by certain individuals or was it not enough there were variations and I knew that on a yearly basis there were no variations but at the end of it that road is still terrible. I don't think that they completed up to 40% of that road. And you know the topography in the south side it is not like building a road in Kanu or building a road in Lagos you have to do more because of the topography because of the soil the soil is more but a lot but the first theory is that we have been hearing the east west road for years and nothing has been done to it. I hope that this government will be able to handle that and measure that it is a key trunk that links not only the south side but other parts of the country it leads the south east and from south it leads it come to the south west so that road is very key but the state of that road a lot of kidnapping is going on on that route because most of these kidnappers wait around to the bar portion of the road wants to break the pick you up so it's not only about the road but also the level of security on that road most would try as much as possible to avoid it totally I can tell you for free but the state of that road is still up to entering Potakot inside Potakot is so terrible that through the NNPC area and I don't know what they call those areas so so so so I mean the refinery that state of that road is still very very terrible nothing to show for it Nigeria roads okay so let's move on because when we begin to talk about this the more we talk about it the more depressing it gets I mean we remember during a road when she landed a place in her jumpsuit I was on the TV program on the morning the morning after that visit to that road that meaning access you remember that report I do I remember that I felt so proud I said finally this road is going to be fixed and my co-presenter that morning was saying don't get your hopes high I said no no no you don't understand did you see she wept she was so touched she was moved things are going to change yeah it's quite good enough a large session of the Legos Shagamu or Bini road has been fixed to a large extent I'll tell you that that's a large portion of that road except from some areas especially the Undo area areas of that road but most of the part same thing with Legos in Badon Expressway the Legos in Badon Expressway is practically fixed I can tell you that yes except for the session because the last time I took that route last time I took those routes I think that was 2-3 years ago the roads were horrible weren't so good no they were horrible but for 4 years I was on that road consistent but I can tell you that that road hasn't practically fixed you can make Legos in Badon within 15 minutes now with that through and through yes I can tell you that for 50 minutes yes that's a good one so the only portion of the area I don't know whether they finish I have not been on that road for about a month now is the opaque end the beggar opaque end of that route you pass opaque you enter the gas going towards Moware and that going towards MFM then all through to Shagamon the junction up to Badon perfect it has been done and so I want to say that same thing replicated along the Portaqot Enugu Express even the Ōwere Ōwere Onisha some portion of Onisha Ōwere is bad so I want to say that the funniest one that is coming out I don't know how to this is going to be is the minister for promising us that by time they finish the Ōbuja Legos Express road that is going to take 4 hours to make Ōbuja to Legos may not I don't know how to do that too I don't know the magic that the minister of what is talking about but I hope and praise not another audio promise from Ōbuja to Legos that would be the night wonder of the world it should be good to experience it it should be good to experience it okay so let's move to the independent the daily independent newspaper and it is leading with Labour NLC fuel subsidy crisis NLC takes final decision on indefinite strike today the riders here again long begs Labour not to say FG has already resolved one of their demands yes the issue of NLC I will tell you that most Nigerians have lost things with NLC and that is the fact the fact is that it remains that also the government have decided have practically divided the Labour Union in Nigeria you can see that the T use is not singing a new a different song from the NLC when NLC was to be back on his two day one strike TUC was not part of it they said they are not going to be part of it TUC yesterday said they were embarking on a one day strike NLC was not part of it so it has been the divided and rules system which the government has implemented to measure that the two unions two major unions in Nigeria the TUC and NLC don't seem to be in synergy with TCEP and that in TCEP is going to affect the government this time because I remember I read an interview that was seen for granted and he said they were not carried along by NLC that one strike and that was why they were not part of it they were not told they only heard of it you know on the news like every other Nigerian so they didn't join them because they were not informed is it today is it today TUC and NLC are going to be shown to the government and you believe that I don't believe that crowd they cannot say they are not carried on the fact remains that don't forget they met with when the meeting was called it was only to you see that attended that last meeting that TUC attended NLC did not attend that's already the vision is the divide and rule system but the fact is that you look at it if you look at some of the issues that NLC is talking about well, Jameen good they are talking of palliatives you say you are going to introduce you talked about the number of trucks that was going to be pushed out and given to the states and also the transport union how many months now none you are talking of palliatives they now know three, four lorries of rice and sent to states may know four trucks five trucks of rice as palliatives in some local government over 20, 30 people actually were beg of rice you can see that go to the children media so what we are what are we receiving ourselves the pictures that have been emanating from the states the one from Nassarawas the peak was you saw that one from Nassarawas that was the ultimate so what are we talking about so it is obvious that the federal government is not sincere in this and upset the time with that number all this issue of palliatives or not palliatives for me is not necessary is a waste of fun it was like what the body government did during this period with the minister of monetary affairs we had trillions and trillions of money were spent at our cantile posts where the minister told us that they were feeding our children that were at home during the conflict and my old I was feeding my I am sure you were feeding yours nobody and you are giving us excuse me this money could have been turned in and even to make it funny are you also aware that they are still paying for subsidy are you aware we treated it here are you also aware despite the fact that they said that something that something is with it so that is the level of insincereity on the part of government so I to a large extent believe it best the way a man at the end of this is going about it I don't think it's going to work you can't be saying we are going to do a 2 day strike today tomorrow we are going to go on 4 day strike you mobilize initially you call it at the end of it they are beginning to sound like a broken record and almost exactly so nobody takes them seriously again already Nigerians are beginning to doubt their sincerity and their tenacity and so this repeated back and forth is beginning to make it even worse for them so they've lost a lot of grounds and a lot of respect and I don't know how effective whatever they do now is going to be why it will not even be effective is that most Nigerians close to almost 70-80% of Nigerians ask their living on a daily basis they are not employed how many people are employed how many people are in the civil service so when you are talking about mobilizing who are you going to mobilize is it the tomato you have said tomato that touches the market or you are a cigarette that makes money from restaurant on a daily basis is it the person you are going to mobilize or are you going to mobilize as a person that works for myself you want to mobilize that I should come on so it will be very very very important because Nigerians have to make a living and for that the level of poverty in the country is so terrible that some people can will not be able to feed themselves if they don't go out on a daily basis so it is so it might just be some certain ministries parasitters and whatever that will be shut down but look at the last one the two day one strike the banks were open the banks were open for the two days the banks operated so what are we talking the airport was open it was within the period that I traveled the airport was operating as if nothing was happening and so many other sectors the transport union did not join so there was transport everybody was what are you talking about the bank did not join so they were lived the petrol stations were open so what are we talking about I think they should find a more realistic way of engaging government and making sure that they will be able to come through and be able to come through with some of the promises they made to Nigeria but the issue of this strike in definitely strike there is no strike in Nigeria that can last more than three days I can tell you no strike no matter how well it is not possible wow and just as we are talking about look at the picture right in front of the daily independent TUC protests take over Lagos parks prescription of RTAN that's the picture you are seeing there TUC protests yesterday yes you know I told you you know in my initial I told you that TUC was supposed to have a protest yesterday in Lagos and protest TUC and I told you that NLC was not part of that so it can see that the two unions are not divided among the state this one is going on one direction this other one is going on that in this state is playing to the government stand and the government will be very happy with what is going on because it is only when both of them are united as a force that they can be able to effectively drive this issue of strike or negotiation with government but a divided house the same thing happened with ASU we saw what the government did when the issue of ASU lingered and lingered what is going on they registered another union and that was the end of that so the government used the industrial code to cement whatever action they had and that was the end of ASU and whatever strike that ASU was ASU was now forced to resume because the other union has resumed lectures in the universities so the same state approaches being used here and it is now for the labour to win back the confidence of the people if the two unions can come back together and be able to sit down and harmonise their policies and actions then they can make some kind of bet the way they are going about it now may not forget it not to comment on this alright let's move on we have fire gutterd why fire gutterd supreme court building spokesman says it didn't affect presidential election petition materials page 6 is where details of that is on the daily independent you saw that picture and all the angles that have been given to the fire Chris which of the angles did you hear all the angles that I heard was the same to that both of us both of us are journalists and we are the same at the same source we hear these things seriously I personally say there is nothing new in water quality as fire not with today I saw you really lighted the fire in Apuja we want our federal secretary we want them to stop by Naira Sanderson but the fact is that because of the skepticism Nigerians have over litigated most of them do not will always bring some level of political and skepticism to some of these issues now Nigerians are believing they have burnt all the facts you know that is even Nigerians have burnt the political angle and say no, this fire is just not real there is something about it this must be proved blah blah blah the supreme court have gone to say no, no fire was affected that it was just part of the Supreme Court and it was brought under control and the rest of them but that is a but we have seen instances like in the ministries where you see a ministry under proof the next you say fire in the account session they have burnt all the facts I know that Nigerians will not keep records but tango today things are no longer in hard copies alone you have soft copies most of those most of those ministries they still have it in fire forget they have it these people have a way of prostrating the system you have to say that a secretary has to carry fire physically to go and meet or get to sign a minute you know there is a minute from where you know the way they do it in the ministry so all those systems still operate within the federal and state system it is only some states that are able to digitalize their system that they have backups but although some of them already doing it still going about they could do it but in fact let us not read any minutes to what happened it could have been a NEPA spike or fire electricity spike it has happened just yesterday it saw what happened in the motion area where two children were electrocuted oh no I didn't hear that please what happened yes the two children I think they had they came back from school and just went and turned on to try to turn on the transmission and they were electrocuted in the motion area two of them their mother is still trying to they are trying to get the mother back so I think that was an electrocution it is one of the papers I don't know I think it is important one of the papers that was very sad very sad yes very very sad one well voice data services may be disrupted as states threaten shut down of telco based stations I wonder what that is about Chris no no no that means they are having issues we you know that is what you call the right of way most of them they are not you see the telecom you see those fiber that telecom completely when you see most of them you see them yes they are not they are not capable even on the express when you see they are not capable so that is what you call the right of way which most of time the NCC and the ministry of communications and most of the states enter into and the telecommunications companies most of the time they have to pay tax on some of those so and also most of the states in all the states you see the telecom companies you will be seen a lot of mass even within your own area empty air low whichever one ETL and the rest of them the government state government collect taxes from most of the telecom so there are many possibilities that some of them have not been paid for that for that reason they just say that just as what they have been doing with some of the banks they say some of the banks don't pay their rates so what they do is they wake up one day carry their things to go and seal up the premises the fact remains that the issue of double taxing is always a problem and is killing most companies in Nigeria you pay the federal government you pay the state government you pay the local government and some other one that you don't even need many of you have your car you have gotten your you paid for your what is it your license and the rest of them and you drive from here to Abel Kuta you see some people who just carry this nail and this thing and just put by your tire and say where is your permit or whatever and they ask you where is the task for you you show them you say no this is for Lagos you have you have not paid for this state I just came here on something and they say no you must pay and before you know they will take your tires and resorts so that is I think part of the problem we have to look at is the task regime in Nigeria I have to be able to harmonize it so that we don't keep businesses yeah the president did say that he would deal with this issue of multiple taxation is part of the things he had promised I don't know how effective that has become if it's taking effect but yeah it's one of the promises made by this new president no but you still don't blame them because also the the state also has so serious a panacea mess so they have to try to dig in to get more from the eternal revenue idea that becomes a problem that is not necessary that Nigerians should be over tax that doesn't mean that companies should be over tax because whatever you are doing and over taxing them they still put that back on the consumer and that's why most of the prices of goods and services are very expensive if they carry a bag of from Nese, from Kano to Lagos at every point they will be connected if not of the one police collect too police collect you know they have their own tax that is not revenue they will be connected at every point to cost them they will be connected also on the road they also collect their own and some other people I don't want to mention which I am personally involved with so those are the issues that we are having present so but we have to find a way of rejigging this and making sure that this much good taxation does not kill businesses in Nigeria this is not it is done in other parts of the world okay just before we go because time is no longer on our side the nation newspaper it leads with probe report will expose what in CBN says federal government at the right of their Cordeaux deputies face senate screening today dams disaster 16 charge to court Nigeria and Niger Junta okay is French with role you have above the master tribunal win victory for role some will loot else Lagosians 98 court of appeal panel sitting on 1209 police patitions access holdings post 940.3 billionaire gross earnings in the first half of the year and alright so a lot on this front page but time will not permit us to touch them you've already analyzed some of them because of course some of these headlines are on the other headlines that we've touched thank you so much Chris for your time this morning on of the press thank you very much for having me and to have a wonderful happy birthday to my little ones thank you I'll tell them I'll tell them Chris Cahendian one do member of the Chartered Institute of Obitrators in the UK has joined us here in Lagos on of the press they with us will come and take our first hot topic fashion and technology you want to know what it's all about because we have a fashion designer in the house