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Politics / Re: 10 Largest Refineries In The World by abbey621(m): 10:26pm On Aug 06 |
PHAYOL81: Nigerians consume about 60 million liters per day as of 2023, that's approximately 400,000 barrel of oil per day. If Dangote's refinery is only producing 600,000 barrels per day, what will it do with it's obligation to refine oil for international clients? Even if efficiency was increased to 100% WHICH IS IMPOSSIBLE as the best refineries in the world only operate at 80 to 90% capacity). How much of that 600,000 barrels per day will go to Nigerians rather than international clients where more money is made? Whether we like it or not, we need at least 3 of such refineries to reap full benefits! The U.S has over 130, U.K has at least 6 and South Korea at least 5.........What makes you think one refinery can service Nigeria's oblgations? |
Politics / Re: 10 Largest Refineries In The World by abbey621(m): 10:10pm On Aug 06 |
Omoawoke: We're not talking about 1960 here, we are talking about now that Nigeria has a functioning refinery. Once you understand the role the West, OPEC & IMF plays in the situation, you'll understand that Nigeria will never ever stop importing refined oil! |
Politics / Re: 10 Largest Refineries In The World by abbey621(m): 9:17pm On Aug 06 |
Omoawoke: Many of una know shin shin about economics, una just expect magic button wey go solve all problems. How much fuel is consumed monthly by Nigerians, now compare it to the maximum capacity of Dangote's refinery, you'll see that it would take at least 3 of such refineries to achieve the things you've listed above assuming they function at full capacity. |
Politics / Re: Chris Uba Attacks Artisan Who Demanded Payment For Completed Work In London Home by abbey621(m): 9:13pm On Aug 05 |
When it comes to brilliance there's no difference between tribes or religion, all Nigerians are capable of it....................Same way when it comes to behaving like werey, ausa o, Igbo o, Yoruba o, SS, SE, SW, NE, NW etc..........As long as you get 9ja blood in you.........You're one trigger away from kolomental
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Crime / Re: Househelp Confesses To Killing Justice Ajumogobia’s Daughter In Lagos by abbey621(m): 4:56pm On Aug 03 |
MT: For 9ja or for Nollywood? Many innocent people dey serve prison term for simple cases not to talk of allegedly killing the daughter of a justice.......Just know that the defendants are already down 100 - 0 before the first hearing, I would be surprised if they are not sentenced to death. |
Politics / Re: Nationwide Protest: North Was Deceived – Adamu Garba by abbey621(m): 10:09pm On Aug 02 |
Smartcitizen: Who told you it was from the subsidy money? All the things you mentioned was budgeted and approved by the legislative branch. Subsidy money was not even factored in, remove subsidy or not they would still buy those things.....If na lie check the budget under Jonathan and Buhari, see how much was spent on renovations and new cars. Make we no bobo ourselves, subsidy removal was always bound to happen, the only bad thing here is the way it was removed without a cushion! 1 Like |
Politics / Re: Nationwide Protest: North Was Deceived – Adamu Garba by abbey621(m): 9:18pm On Aug 02 |
Let us all admit it, Buhari na one very smart man......He knew if removal of subsidy happened under his watch, the country go scatter pata pata, he tried everything possible not to hand over to Tinubu as na only Tinubu fit do something so drastic and no look Uche face. He wanted Osibanjo someone that can easily be removed due to public outcry but alas here we are........ Theoretically what Tinubu has done will benefit Nigeria in the long run Realistically many people go don kpai of hunger before that long run gets here There are 3 types of leaders Nigeria should never have: 1) A professional without empathy 2) A dullard with too much empathy 3) A zombie wey no send una papa Evaluate the past 15 years and see how each one falls into one of the three above. MAY GOD HELP US ALL........................................................ 2 Likes 1 Share
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Health / Re: Top-Selling Condom And Lube Brands Contain Cancer-Causing PFAS Forever Chemicals by abbey621(m): 2:30pm On Jul 30 |
Same fluoride that is in toothpaste......As with every study, they conveniently left out quantity and duration. For example there was a study that said make we no chop egg say na cholesterol, now 15 years later they are saying eggs are healthy part of balanced nutrition when consumed in moderation.....Imagine going 15 years without eyin din din with pepper and sardines......No be juju be that? 😂😂 |
Properties / Re: Lagos Govt Revokes All Existing Building Permits by abbey621(m): 6:44pm On Jul 28 |
Mear23: Both solutions will be difficult to implement without a serious government, Nigeria is blessed with laws, proper enforcement has always been our albatross! |
Properties / Re: Lagos Govt Revokes All Existing Building Permits by abbey621(m): 2:16pm On Jul 28 |
Mear23: No need for that, we can look at countries like the USA or UK where building codes are easily accessible. An inspector is required to certify that the building satisfies all the codes all the way down to the smallest ones. These inspectors are bonded by insurance and with each signature they are putting not only their livelihood at risk but their freedom as well. Some inspectors have been jailed for bribery schemes and outright negligence, now the entire process is much more credible and collapsing building is a very rare occurrence. 2 Likes |
Politics / Re: Hardship: No Plans To Join Nationwide Protests For August 1 – TUC (Video) by abbey621(m): 4:36am On Jul 27 |
Teenaira: Bullshit......I bet you have no family or friednds in Kenya, na reason why you dey spew jargon.......Stick to 9ja topics! |
Politics / Re: Hardship: No Plans To Join Nationwide Protests For August 1 – TUC (Video) by abbey621(m): 2:24am On Jul 27 |
There you have it ladies & gentlemen.......The difference between Kenya & Nigeria..........We never ready 36 Likes |
Politics / Re: Ndume Gives Condition To Remain In APC by abbey621(m): 1:06am On Jul 26 |
People keep shouting Tinubu built Lagos, how come he can't build Nigeria.......You people are funny! Tinubu built Lagos but his first term as Governor was hell on Earth for majority of Lagosians who couldn't see the log term plan. In the short term everybody collected wotowoto from civil servants to land owners. In fact the vision did not fully materialize until Fashola was elected...............If Buhari's bad administration did not happen, Tinubu's policies might make sense but because of Buhari's shege, people no get time, energy to play the long game.....Saapa will kpai many people before things gets better, a hungry man is a very dangerous man! |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 8:58pm On Jul 24 |
triplechoice: Not only are you clueless but you are proudly ignorant.....LMAO......I live & work in the USA and have several investments in Nigeria.....Who's better to give you perspectives from both sides? I did not waste my time earning a Ph.D and working in a Fortune 100 company to listen to your junk analysis! Guy you're the typical Nigerian, your economy revolves around the USD yet you are asking to leave USD out of the discussion.....No be juju be that? THERE IS NO CONTEXT THAT INFLATION IS CONSIDERED NOT BAD! LET ME REPEAT, THERE'S NO CONTEXT THAT INFLATION IS SEEN AS NOT BAD! It might be natural like you said but just like unemployment, it is an undesired economical indice! You've tried really hard to shift the goal post but you're just sounding more clownish with each post, imagine thinking deflation is a good thing, do you even know what happens during deflation? Here's a hint, stagnation and unemployment., so you think the cure for inflation is to throw 9ja into more unemployment? MENT! Bro..........GIVE IT UP MAN, I WILL NO LONGER RESPOND TO YOUR RAMBLING! I've educated you way more than you deserve......SAY THANKS! |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 2:43am On Jul 24 |
triplechoice: E gba mi, calling you clueless is not an insult but a statement of FACT! This particular topic o, you're not well informed! Just look at the comedy you wrote highlighted above........I'll school you once again because I see the need to seriously correct your misguided assumptions. INFLATION is absolutely a bad thing and serious counties will always peg their inflation below a certain number. Dem no born any USA president well to seek reelection when inflation is above 5%, he no fit enter. Same goes for U.K, no prime minister can survive when inflation goes above 10%. Moving on, why has the minimum wage in the USA remained $7.25 since 2009, how come they can't DOUBLE IT? I mean cost of living has increased over 60% since 2009 so why not? Because they're not crazy! In 1990, the minimum wage was $3.80, it took them 19 years to slowly increase it to less than 100% and they've not increased it for 15 years now. This is a country that witnessed multiple wars, recesssions and other calamities o, a country where the average house mortgage was less than 80k in 1990 and now the same average mortgage is over 300k. If you still believe inflation is not a bad thing and that a sudden 120% increase in minimum wage won't increase inflation then you're simply a COMEDIAN......A very funny Baba Suwe! |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 5:22pm On Jul 23 |
triplechoice: Again I will not argue with you because you're obviously clueless.....I've attached your initial response to me where you clearly highlighted illegalities as the influencing factor even tho countries like USA and UK experienced increase in inflation and illegalities is very limited in their societies.....Your own words betray you so WHO AM I TO ARGUE? SHALOM!
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Foreign Affairs / Re: I will not seek re-election as US President - Joe Biden by abbey621(m): 3:04am On Jul 22 |
osigiepurr: Yinmu.....I live in America and I have voted for Trump & Biden, if only you knew how much more unpopular Kamala is compared to Biden. Trump will win in a landslide because the only thing America hates more than a female president is a female president who is also BLACK |
Foreign Affairs / Re: I will not seek re-election as US President - Joe Biden by abbey621(m): 7:39pm On Jul 21 |
osigiepurr: That means nothing if the rest of the party wants someone else............The easier choice will be Kamala but whether she can defeat Trump is another thing entirely. |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 4:44pm On Jul 21 |
triplechoice: Again I will not argue sentiments but facts, you stated your reasons that caused inflation and I provided you with the actual causes and provided examples of countries where illegalities does not exist and yet inflation rose. Whether you believe it or not is your own business! You want to argue with bullshit sentiments that Nigeria is different hence we should ignore all economic rationale, isn't that comedic and plain ignorant? You said it is not easy to predict human behavior but we are talking about economics here not just human behavior, a country that produces shin shin, relies on 90% imports and allows trillions to be printed and embezzled will not only suffer in the long run but also have real dire short term consequences. Read what I highlighted above and realize just how dangerous your mentality sounds! Finally you said, "when Buhari increased minimum wage to 30k in March 2019 a loaf of bread sold for 300 still retained its price till December of that same year.", What was the price of bread the following year? Over 40% increase.....So your rationale is that as long as it does not affect prices immediately, it is okay? Even your 300 Naira price is false as price of bread increased to over 400 Naira as of September 2019 in most places outside of Lagos. I don't know what twisted rationale you're playing but guy STOP IT ALREADY Do you even realize how clownish you sound? If country go spoil as long as e no spoil immediately it is okay........You're funny |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 10:56pm On Jul 20 |
DrManHattan1: Boy ke, you wey be doctor......Successful people plenty for Nairaland o, half the things I know now about investing came from Nairaland! |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 9:55pm On Jul 20 |
[quote author=DrManHattan1 post=131060874][/quote] I make more than that in a year, if no be bills and taxes for obodo America, I for don become Naira billionaire |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 7:30pm On Jul 20 |
triplechoice: Do you want to hear the truth or do you want to continue rambling? I've given you the textbook definition of what causes inflation and adapted it to the Nigerian scenario, I live in a country where the rubbish you wrote about illegality does not exist and yet inflation doubled 2 to 3 years ago to the point they had to drastically reduce the money in circulation by raising interest rates and removing some government benefits. I'm not going to go back and forth with you arguing nonsenstical what ifs and whatabouts! I've provided you the definition, agree or disagree that's your business not mine.....PEACE! |
NYSC / Re: Will NYSC Allowance Increase To ₦70,000 Following The New Minimum Wage Approval? by abbey621(m): 3:40pm On Jul 20 |
triplechoice: Inflation is primarily caused by excess money in circulation leading to high level demand with low level of supply. country like Nigeria that relies on 90% imported goods is fighting against multiple types of inflation. The more we import the weaker the Naira gets and that leads to astronomical prices of goods and services. Your statement above is wrong and the evidence is simple: In 2011, minimum wage went from 5,500 to 18,000, cost of building supplies, petrol and other imported products rose between 20 to 40%. In 2019, minimum wage went from 18,000 to 30,0000 and we witnessed even worse inflation, from 50% to as much as 200%. I know this because I built my first house in 2017 costing less than 80 million Naira and in 2021 when I wanted to build my second house with the same style and materials, the total cost was over 150 million. Now we want to go from 30,000 to 70,000 and we expect just a marginal increase in goods and services.....NO BE JUJU BE THAT? 1 Like 1 Share |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 10:46pm On Jul 15 |
Krankhead: Mumu.....Did you see the link or not? Na you go tell me about American justice system, when dem give you visa sef |
Foreign Affairs / Re: Elon Musk Mocks CNN 'Bias Reporting' With Caesar Headline (Photo) by abbey621(m): 8:53pm On Jul 15 |
My nigga Musk......When you have his type of money, you don't only make memes, you BUY the platform for memes and make more memes......Werey man......Opolo kpor 1 Like |
Politics / Re: Could This Be The Reason Obi Didn't Wish Soyinka Happy Birthday (photo) by abbey621(m): 1:26pm On Jul 15 |
Well, we can now see how prof's words have been vindicated.......LP members in the House & Senate, what's their usefulness? They all collected the 400m SUV and other goodies......Some have even switched allegaince to another party.......Bunch of pretenders! 2 Likes 2 Shares |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 6:23pm On Jul 14 |
doyin01: Can you show me where I claimed he DID ALL that within a year?......Fa ra bale....You're just jumping everywhere! As at 2017 he was too young to register and this election cycle would be the first that he can actually participate in. Election primaries started late last year and concluded early this year and I already told you how Trump haters registered as republican just to vote for Trump's opponent(Nikki). Nothing in the guy's profile is republican or a Trump supporter, he's educated, lives in an area primarily Democrat and he's young.......I'm tired of explaining simple shit to you NPCs online! |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 5:16pm On Jul 14 |
doyin01: My guy this isn't rocket science, he graduated high school in 2022, he's 20 years old, as at 2017 he donated to democrats so he wasn't a Republican yet then. He wasn't eligible to vote in 2020 so this election cycle is the first that he can actually particpate in.......Registration for primaries did not start till late last year and early this year for some states......IT AIN'T THAT DIFFICULT MY GUY......THIS ISN'T CALCULUS OR ALGEBRA! |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 5:13pm On Jul 14 |
chidiokay: You don't know what you're talking about, you're talking about conviction, I'm talking about uncovering motive and/or conspirators. If Trump truly had something to do with it, they have ways of uncovering the truth, believe it or not, dead bodies do talk......Forensics will build a case that will shock you pass Buhari 1 Like |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 4:08pm On Jul 14 |
chidiokay: U.S wey dey convict someone after 30 years based on new evidence....Na that US you dey underate? CONTINUE! From where he purchased the gun to his family history and any other conspirator including financial gain......E go be like film trick when all these things comes to light.....You think we're talking about Nigerian yama yama security agencies wey no fit identify UGM |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 3:49pm On Jul 14 |
doyin01: Isn't that suspicious.......He donated to Democrats but registers as a Republican within the year? Hope you know many Democrats registered as Republicans during the primary in order to vote against Trump.....Make una dey reason properly na, so many things are hidden from una, na game within game but if you're not a follower of American politics you no fit understand! 1 Like |
Foreign Affairs / Re: Pictures Of Thomas Matthew Crooks, The Guy Who Shot At Donald Trump by abbey621(m): 3:41pm On Jul 14 |
chidiokay: If you knew how the USA worked you won't say such, the risk of things going awfully wrong and an investigation implicating Trump is much greater than the reward, it makes no damn sense for him to take such a risk knowing his opponent has the full backing of law enforcement from FBI to CIA! 1 Like |
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