desreek9:



Sir believe me when i tell u, from my point of view they r not right

LordKO:
The Feyi of a guy has limited knowledge about project finance funding. Understanding will always remain superior to knowingness.

Suko110:

Nicely back facts, I strongly agree and concur to the fact that most of our problem if not all are man made .
I salute you sir .

desreek9:
I expected Paddy to ignore all these people talking cos of envy, who wudnt want to ride on their fathers wealth to achieve something greater for themselves. These are pained and envious set of people that dont deserve attention simple.

I follow these guy on twitter and i tell you, he doesnt talk or should i say type like all these rich spoilt brats, he connotes intelligence which is very very rare.

Follygunners:


Sir, these guys' selfish interest in the Oil are the major reasons behind the poor power supply so we can be heavily reliant on Oil to fuel our immediate power generation.

This also caused serious issues during the late 1880s Industrial Revolution in the U.S. Rockefeller, (The richest man in the world during the time) owned Standard Oil which basically everyone and everything depended on for power till.... electricity got invented.

Rockefeller played lots of politics with the gov't (whom he single-handedly put in power) not to grant Thomas Edison and Nikola Tesla the needed patent to operate commercially.

Now, just imagine how the progress of humanity could have been sabotaged, regressed and cut-short as a result of that. It's soo sad, we're still stuck in those ages while our fellow counterparts have long progressed.

Suko110:

May God continue to bless late president umaru yaradua who tried to diversify the economy, I have cm to a conclusion that
1. We need to restructure
2. We need to diversify our economy
3. We need to end the monopoly of oil, cement and many more for this country to move forward else , division is eminent

Ugosample:
Envy and hate is the bane of the black man

That's all I have to say

desreek9:



Sir believe me when i tell u, from my point of view they r not right

desreek9:
I expected Paddy to ignore all these people talking cos of envy, who wudnt want to ride on their fathers wealth to achieve something greater for themselves. These are pained and envious set of people that dont deserve attention simple.

I follow these guy on twitter and i tell you, he doesnt talk or should i say type like all these rich spoilt brats, he connotes intelligence which is very very rare.

LordKO:
The Feyi of a guy has limited knowledge about project finance funding. Understanding will always remain superior to knowingness.

desreek9:
I expected Paddy to ignore all these people talking cos of envy, who wudnt want to ride on their fathers wealth to achieve something greater for themselves. These are pained and envious set of people that dont deserve attention simple.

I follow these guy on twitter and i tell you, he doesnt talk or should i say type like all these rich spoilt brats, he connotes intelligence which is very very rare.

desreek9:
I expected Paddy to ignore all these people talking cos of envy, who wudnt want to ride on their fathers wealth to achieve something greater for themselves. These are pained and envious set of people that dont deserve attention simple.

I follow these guy on twitter and i tell you, he doesnt talk or should i say type like all these rich spoilt brats, he connotes intelligence which is very very rare.

Organs:
Nonsense talk... Why dont you show proof of your claim. He was accussed of attempting to use tax payers money to buy a private firm for himself. Please show proof that this is not the case and not just blabing of how people are envious of him. We hail people in Nigeria while they steal us dry....

Mayflowa:
But you can't say economist and journalists shouldn't talk about multimillionaire dollars business man in Nigeria. Nigerians don't even do well in preying into the lives of high net worth citizens.

Boss13:
Very typical of Nigerians. We celebrate mediocrity. Paddy has earned celebrity and entrepreneur status by failing to acquire a company. Whilst in the US, people of his wealth and family connection category are counting their portfolio

NothingDoMe:
He isn't actually matured. A true business man does not post how he almost bought so so and so but failed. It's not envy it is reality. Can he put that in his CV or business profile?

He should focus on business and stop looking for Twitter ratings with almost purchases. Almost doesn't count.

lexy2014:
just check d guys Twitter account 2c how Nigerians were falling head over heels 2 ass kiss paddy 4 trying to buy chevron

Ugosample:
Envy and hate is the bane of the black man

That's all I have to say

desreek9:
I expected Paddy to ignore all these people talking cos of envy, who wudnt want to ride on their fathers wealth to achieve something greater for themselves. These are pained and envious set of people that dont deserve attention simple.

I follow these guy on twitter and i tell you, he doesnt talk or should i say type like all these rich spoilt brats, he connotes intelligence which is very very rare.

lexy2014:
bros I agree with u totally on this. When d whole acquiring chevron story broke,I checked d dudes twitter. 2 my amazement, almost all d folks who Twitted were simply making ass kissing & ass licking statesments. And I was like how do u celebrate a guy who failed just cos he mentioned chevron, millions of dollars and he is adenugas son and we fail 2 celebrate d small scale businesses who thrive & add value everyday?

LaudableXX:


Every story about failure carries a valuable or important lesson in it, to prevent you from making the same mistakes which led to that failure, again. When will Nigerians get it? Success stories are sweet, but stories of failure are important. That is why other countries that were in the same bracket with Nigeria 40 - 50 years ago, have become 10 times more developed than Nigeria. They learnt from their failure, but we didn't!

lexy2014:
am not saying people don't learn from failure. Am only saying that we if d story wasn't about paddy adenuga, who would have cared?d object of purchase, chevron, now made d whole thing look like a blockbuster and folks couldn't resist. If d story was about an obscure dude who failed at setting up a phone repair kiosk, am sure we wouldn't b saying we learn from failure. By d way, which countries were at d same level with Nigeria 40-50years ago and have now become 10times more developed than Nigeria?

Where are Nigeria's elders? By Pat Utomi | Date Published: 10/14/09

The case with Ghana is also particularly sad because it appears as though history is repeating itself for the third time. Let me explain. In the early 70s, Nigeria's Head of State, General Gowon was reported by the press as saying money was not Nigeria's problem, but how to spend it. Thereafter he gave out interest free loans to the Caribbean nation of Grenada to pay its workers.

Today, Nigeria has difficulty paying its own worker and Grenada which we used to dole out funds to now has a per capita income of $11,500 which is five times that of Nigeria. This act was a historical replay of that of Malaysia, which in the 50s came to Nigeria cap in hand to get palm oil seedlings, and used these seedlings it got from Nigeria, to start plantations that produce palm oil which helped push its economy in the 70s and 80s to the global forefront, and eventually became the world's largest producer of palm oil, and (wait for it) has in the 2000s been exporting palm oil to Nigeria!

Now both President Obasanjo and General Abacha during their time in office gave out huge sums to Ghana as either loans or gifts, and today, Ghana has celebrated multiple years of uninterrupted power supply while we are producing electricity at par with Ghana even when we have about eight times their population. This is the third instance in this pattern of history repeating itself from Malaysia , to Grenada to Ghana , all using gifts from Nigeria as stepping stones to national greatness while Nigeria retrogresses.

http://webcache.googleusercontent.com/search?q=cache:http://pointblanknews.com/artopn1859.html

A Call to Action:Nigerian Youths Must Seek Participation in Politics | Written by EJ-AlozieNwagbaoso |

For an example, Nigeria and Singapore were at par GDP wise, HDI wise, Unemployment wise and had the same third world status, in the 60s. In the early 60s, Singapore was importing water from Malaysia. Singapore has not a single thing, natural resources wise, while Nigeria has everything and is the 7th largest oil producer in the world. 6 decades down the road:
• Per Capita: $3,416 (Nigeria) – $55,182 (Singapore);
• HDI: 0.504, 152nd (Nigeria) – 0.901, 9th (Singapore);

While Singapore’s economy is heavily diversified, Nigeria’s is still heavily dependent on oil. Nigeria, in the 60s, 70s, 80s and 90s was marred by a lot of military dictators who cared very little about development but were busy instituting corruption, committing human rights abuses and siphoning money to private accounts abroad.

Nigeria, despite her oil wealth and days of oil booms, failed to economically develop, diversify; and cater for her people. Nigeria still ranks so high in terms of low quality healthcare, low standard of living, infrastructural crisis, poverty, corruption, unemployment, inequality; has not been able to industrialize; and has one of the least HDIs in the world; despite being the highest economy in Africa and the largest oil producer in Sub-Saharan Africa.

Since 1965, Singapore has developed rapidly, earning recognition as one of the Four Asian Tigers. It places highly in international rankings with regard to education, healthcare, and economic competitiveness. The Singaporean economy is known as one of the freest, most innovative, most competitive, and most business-friendly. The 2013 Index of Economic Freedom ranks Singapore as the second freest economy in the world, behind Hong Kong. According to the Corruption Perceptions Index, Singapore is consistently ranked as one of the least corrupt countries in the world, along with New Zealand and the Scandinavian countries. Singapore is the 14th largest exporter and the 15th largest importer in the world. http://hibe-online.com/a-call-to-actionnigerian-youths-must-seek-participation-in-politics/