Donbrig:
Why are Nigerians wicked to Nigerians? FG heavily subsidised prepaid meters, so that Discos can distribute it free of charge to Nigerians, but here in my region, some disco officials are already making huge sum selling meters. Some of these staffs are still saying they don't have enough prepaid meters, even though they have more than enough meter to distribute freely to many homes in Nigeria.

Why are we so wicked to ourselves and still hope and pray for a better Nigeria?

Wow!

Na today you know say na Nigerians be Nigeria problem? Most good though not perfect policies in Nigeria are sabotaged by same Nigeria who are supposed to implement the last mile.

Donbrig:
Why are Nigerians wicked to Nigerians? FG heavily subsidised prepaid meters, so that Discos can distribute it free of charge to Nigerians, but here in my region, some disco officials are already making huge sum selling meters. Some of these staffs are still saying they don't have enough prepaid meters, even though they have more than enough meter to distribute freely to many homes in Nigeria.

Why are we so wicked to ourselves and still hope and pray for a better Nigeria?

Donbrig:
Why are Nigerians wicked to Nigerians? FG heavily subsidised prepaid meters, so that Discos can distribute it free of charge to Nigerians, but here in my region, some disco officials are already making huge sum selling meters. Some of these staffs are still saying they don't have enough prepaid meters, even though they have more than enough meter to distribute freely to many homes in Nigeria.

Why are we so wicked to ourselves and still hope and pray for a better Nigeria?

I do assist people in metering issues and collection... It's not straightforward as you think .. ... .. I will revert back possibly...

Has anything ever been straight forward in Nigeria? And we seem to be so comfortable nothing is ever straight forward, no wonder people are so frustrated in this country.

handsomebolanle:

I do assist people in metering issues and collection... It's not straightforward as you think .. ... .. I will revert back possibly...

Donbrig:
Has anything ever been straight forward in Nigeria? And we seem to be so comfortable nothing is ever straight forward, no wonder people are so frustrated in this country.

You're right Sir... very frustrating...

Let me be specific with mine so people don't say it's a wild guess. I have been refused account reconciliation on the grounds that I am not seeking to purchase the meters. PHEDC to be precise

Donbrig:
Why are Nigerians wicked to Nigerians? FG heavily subsidised prepaid meters, so that Discos can distribute it free of charge to Nigerians, but here in my region, some disco officials are already making huge sum selling meters. Some of these staffs are still saying they don't have enough prepaid meters, even though they have more than enough meter to distribute freely to many homes in Nigeria.

Why are we so wicked to ourselves and still hope and pray for a better Nigeria?

Donbrig:
Why are Nigerians wicked to Nigerians? FG heavily subsidised prepaid meters, so that Discos can distribute it free of charge to Nigerians, but here in my region, some disco officials are already making huge sum selling meters. Some of these staffs are still saying they don't have enough prepaid meters, even though they have more than enough meter to distribute freely to many homes in Nigeria.

Why are we so wicked to ourselves and still hope and pray for a better Nigeria?

This is why i normally laugh when i see so many Nigerians blaming our Leaders. Many Nigerians are wicked and fraudulent. This is what they carry into leadership when elected to lead.

ahiboilandgas:
are u really investing ?or receiving your money installments..if u put 5m and they are paying 750k monthly....it from your 5m .....no new money is created (profits)....so stop calling it investements....cos investments can yield profits or loss .....

Thanks, like I said, my mode is a happy one, barafinance woke me up as expected, 2 to go. My bros, I hope you get the cost price of your trucks the first day it set sails. I need Max of 7 months to get back capital. It's a risk, it's taken and am good.
Advise: gamble with what you can comfortably let go. I did and am enjoying it, my friends I invested for are enjoying it.

Am yet to verify if it's ponzi as am on training, when I personally enter the market, I will say if it's ponzi. For now am enjoying the fact that I get Alert every other day in multiples. What's the goal, making clean money, more money, more risk. Take it or remain average.
CAVEAT:Do not invest in ponzi. DO NOT MIND ME OR MY WAYS.

RayRay06677:


Thanks, like I said, my mode is a happy one, barafinance woke me up as expected, 2 to go. My bros, I hope you get the cost price of your trucks the first day it set sails. I need Max of 7 months to get back capital. It's a risk, it's taken and am good.
Advise: gamble with what you can comfortably let go. I did and am enjoying it, my friends I invested for are enjoying it.

Am yet to verify if it's ponzi as am on training, when I personally enter the market, I will say if it's ponzi. For now am enjoying the fact that I get Alert every other day in multiples. What's the goal, making clean money, more money, more risk. Take it or remain average.
CAVEAT:Do not invest in ponzi. DO NOT MIND ME OR MY WAYS.

no am against u putting your money any where u like ....na u look for your money and u know how u want to spend it.......Am worried of the terms u use in describing the ponzi ....like investment , r.o.i ,risk etc this terms are for genuie verifiable ventures ....not some magic ...instead of saying i invested in a ponzi.....just say I throw away money in this BARA etc....
.
.

NL1960:


This is why i normally laugh when i see so many Nigerians blaming our Leaders. Many Nigerians are wicked and fraudulent. This is what they carry into leadership when elected to lead.

there is absent of quality human resource to drive progress in Nigeria....it just not there.....a thieving lots ...u can only have fair and manageable human resource......A Nigeria.Gm in dangite cement on a salary of 4m per month and other allowance ....stole 150m naira from a major dealer code over 2 years ...he resigned and open a grand bakery with the loots ....not yet done he hear the 12bn dollars refinery project he came back and reapplied got the job again on a higher salary and even made way for his son to be employed....the boys he trained on how to steal from cement gaint continued after the the oga resigned and was caught.....analysis of his accounts showed a 30m naira transfer from oga.....after drilling in panti...alarm blow....oga is now in prison,bakery seized ,son sacked....and replaced with Indians.....the ed project has built obajana and now buiding refinery on a pay of 400m per anum ....he recently requested a 100m advance to settle some bills in the UK.....but the president dangote group ....waived the damn thing and grifted the Indian the moeny.. ...where are the Nigerian engineers....thinking how how to over price quotation to bleed the company to death....

ahiboilandgas:
there is absent of quality human resource to drive progress in Nigeria....it just not there.....a thieving lots ...u can only have fair and manageable human resource......A Nigeria.Gm in dangite cement on a salary of 4m per month and other allowance ....stole 150m naira from a major dealer code over 2 years ...he resigned and open a grand bakery with the loots ....not yet done he hear the 12bn dollars refinery project he came back and reapplied got the job again on a higher salary and even made way for his son to be employed....the boys he trained on how to steal from cement gaint continued after the the oga resigned and was caught.....analysis of his accounts showed a 30m naira transfer from oga.....after drilling in panti...alarm blow....oga is now in prison,bakery seized ,son sacked....and replaced with Indians.....the ed project has built obajana and now buiding refinery on a pay of 400m per anum ....he recently requested a 100m advance to settle some bills in the UK.....but the president dangote group ....waived the damn thing and grifted the Indian the moeny.. ...where are the Nigerian engineers....thinking how how to over price quotation to bleed the company to death....

It's been a while Mr. Ahib...
I believe all is going smoothly at your end

ahiboilandgas:
no am against u putting your money any where u like ....na u look for your money and u know how u want to spend it.......Am worried of the terms u use in describing the ponzi ....like investment , r.o.i ,risk etc this terms are for genuie verifiable ventures ....not some magic ...instead of saying i invested in a ponzi.....just say I throw away money in this BARA etc....
.
.

U Call the name, I get the money. Anything you put resources to get value is an investment. Some people are investing in cultism and are getting the corresponding returns on their investment. I invested in forex market and am getting returns. Go ahead and code name it anything, all that matters is the alert for now

Another Nigerian human resource in charge of cranes for the project on a pay of 700k permonths since several cranes are not in used devise how to hire out the cranes to subcontracting firms within the project at 400k per day ...untill alarm blow.....another idoit Nigerian human resource in charge of store has sold over 30 empty containers and used the money to opem a super market for wife ....this beyond poverty........

ojesymsym:
Na today you know say na Nigerians be Nigeria problem? Most good though not perfect policies in Nigeria are sabotaged by same Nigeria who are supposed to implement the last mile.

You are right

ahiboilandgas:
Another Nigerian human resource in charge of cranes for the project on a pay of 700k permonths since several cranes are not in used devise how to hire out the cranes to subcontracting firms within the project at 400k per day ...untill alarm blow.....another idoit Nigerian human resource in charge of store has sold over 30 empty containers and used the money to opem a super market for wife ....this beyond poverty........

It's the perverse mentality that is ravaging the country
It's more than poverty

ahiboilandgas:
there is absent of quality human resource to drive progress in Nigeria....it just not there.....a thieving lots ...u can only have fair and manageable human resource......A Nigeria.Gm in dangite cement on a salary of 4m per month and other allowance ....stole 150m naira from a major dealer code over 2 years ...he resigned and open a grand bakery with the loots ....not yet done he hear the 12bn dollars refinery project he came back and reapplied got the job again on a higher salary and even made way for his son to be employed....the boys he trained on how to steal from cement gaint continued after the the oga resigned and was caught.....analysis of his accounts showed a 30m naira transfer from oga.....after drilling in panti...alarm blow....oga is now in prison,bakery seized ,son sacked....and replaced with Indians.....the ed project has built obajana and now buiding refinery on a pay of 400m per anum ....he recently requested a 100m advance to settle some bills in the UK.....but the president dangote group ....waived the damn thing and grifted the Indian the moeny.. ...where are the Nigerian engineers....thinking how how to over price quotation to bleed the company to death....

I prefer the word very few quality human resource

The word 'absent' is generalizing and implicating the few good works done be some...

I love reading your write-up .. so much I have learnt from...

handsomebolanle:


I prefer the word very few quality human resource

The word 'absent' is generalizing and implicating the few good works done be some...

I love reading your write-up .. so much I have learnt from...

ok ....i changed it to very few .....

You put your money in anything, you calculate your ROI and risks. Even yahoo boys and smugglers dey calculate their risk and returns.

What some people don’t realize is that some of their so called ‘genuine investments’ are actually Ponzi schemes dressed up to look appealing.

Anybody who knows the things that go on in some of the companies they own stocks in, will never put their money there. Talk less of some of the so called funds that are not different from ponzi.

When your fund manager always delays in paying you your money or the account officer is always begging you to rollover, what do you think is going on? When some marketing officers of some funds are desperately and aggressively marketing products and promising you unrealistically high returns, what do you think is going on?

When you invest in government securities and your money ends up in the pockets of corrupt politicians, and these same politicians issue more securities or ‘borrow’ more money to pay you back your money. Is that not a Ponzi scheme?

DexterousOne:


It's been a while Mr. Ahib...
I believe all is going smoothly at your end

...the year has been horrible .....devalution, derugulation ....low margins , lock down have dealth a big blow ....a very messy year ...

ahiboilandgas:
...the year has been horrible .....devalution, derugulation ....low margins , lock down have dealth a big blow ....a very messy year ...

We are grateful for life
That's most important

ahiboilandgas:
there is absent of quality human resource to drive progress in Nigeria....it just not there.....a thieving lots ...u can only have fair and manageable human resource......A Nigeria.Gm in dangite cement on a salary of 4m per month and other allowance ....stole 150m naira from a major dealer code over 2 years ...he resigned and open a grand bakery with the loots ....not yet done he hear the 12bn dollars refinery project he came back and reapplied got the job again on a higher salary and even made way for his son to be employed....the boys he trained on how to steal from cement gaint continued after the the oga resigned and was caught.....analysis of his accounts showed a 30m naira transfer from oga.....after drilling in panti...alarm blow....oga is now in prison,bakery seized ,son sacked....and replaced with Indians.....the ed project has built obajana and now buiding refinery on a pay of 400m per anum ....he recently requested a 100m advance to settle some bills in the UK.....but the president dangote group ....waived the damn thing and grifted the Indian the moeny.. ...where are the Nigerian engineers....thinking how how to over price quotation to bleed the company to death....

N4m per month and other allowances and yet he still steals. What does he spend N4m per month on that he is not satisfied and has to still steal?. I normally tag people like this as suffering from 'poverty mentality'.

DexterousOne:

It's the perverse mentality that is ravaging the country
It's more than poverty

very true we are encircled by very poor Natiòn Niger , chad , CAR but relatively honest crew ....infact they are scared of Nigerians ....i ask 1 he said we are too smart ,too cunny and too fast for them.......

NL1960:


N4m per month and other allowances and yet he still steals. What does he spend N4m per month on that he is not satisfied and has to still steal?. I normally tag people like this as suffering from 'poverty mentality'.

i can't understand why .he not even among the top earners ....Dr Mansur earn about 17m.naira per month.....so there is still prospect to grow in the company....

One driver once told me that, whoever wants to steal will steal even if na ordinary broom. Our mentality among the learned in this country is that of stealing. You will find more honest contented people in villages and small towns.

I also observed that teachers in government owned schools are a little more honest than the average Nigerian, probably because they tend to start believing the morals they try to teach the kids in their ward and some level of job security.

NL1960:


N4m per month and other allowances and yet he still steals. What does he spend N4m per month on that he is not satisfied and has to still steal?. I normally tag people like this as suffering from 'poverty mentality'.

NL1960:


N4m per month and other allowances and yet he still steals. What does he spend N4m per month on that he is not satisfied and has to still steal?. I normally tag people like this as suffering from 'poverty mentality'.

The society is a money worshipping society
Listen to the music
Watch the movie
Look around you

Isn't it a pointer to the fact that something needs to be done, and done FAST to redeem the country

It is hard to believe some of these values, how much does the company make?

ahiboilandgas:
i can't understand why .he not even among the top earners ....Dr Mansur earn about 17m.naira per month.....so there is still prospect to grow in the company....

ojesymsym:
It is hard to believe some of these values, how much does the company make?

the thing they shock me too .......makonjula that retired was paid 420m per anum .......may be Mr Emma go help us clarify.....knut (nowerigein) on 130m per anum.........the thing they shock me too.....

ahiboilandgas:
the thing they shock me too .......makonjula that retired was paid 420m per anum .......may be Mr Emma go help us clarify.....knut (nowerigein) on 130m per anum.........the thing they shock me too.....

The company makes about 15% of FG's revenue.

So if FG can pay senators how much again sef,

They should be able to comfortably.

MTN is around one-fifth of the full federal government revenue.

ojesymsym:
It is hard to believe some of these values, how much does the company make?

There is nothing hidden, especially if the company is quoted. The figures quoted does not include certain benefits and allowances

ojesymsym:
It is hard to believe some of these values, how much does the company make?

Once you're at GM level in most large firms these days 30m isn't uncommon

Even with devaluation these firms have revenues in billions of dollars:

MTN NG Should be around 1.3trn (about $3.3bn)

Dangote Cement like 950bn ($2.4bn)

Flour Mills around 600bn ($1.53bn)

Zenith Bank around 650bn ($1.66bn)

Guaranty like 500bn ($1.27bn)

Ecobank UBA, FIRST BANK, Airtel and Nigerian Breweries, should be around $1bn to $1.2bn each

Converting that into USD using 400 naira as exchange rate puts it at $75,000 per month. Any how you look am the money big.
Can't we list Nigeria in the stock exchange, perhaps that may help it be run better? Just saying.

awesomeJ:


Once you're at GM level in most large firms these days 30m isn't uncommon

Even with devaluation these firms have revenues in billions of dollars:

MTN NG Should be around 1.3trn (about $3.3bn)

Dangote Cement like 950bn ($2.4bn)

Flour Mills around 600bn ($1.53bn)

Zenith Bank around 650bn ($1.66bn)

Guaranty like 500bn ($1.27bn)

Ecobank UBA, FIRST BANK, Airtel and Nigerian Breweries, should be around $1bn to $1.2bn each

emmanuelewumi:



There is nothing hidden, especially if the company is quoted. The figures quoted does not include certain benefits and allowances

Dangote does not pay anyone 17m or 30m per month in base salary.