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 Politics › Re: Reno Omokri Mocks Oby Ezekwesili: "See What You Have Been Reduced To" by 989900D: 12:52pm On Oct 23, 2016 |
Oby stands for something, what does Mr. Rhinoceros stand for but childish bile? |
| Politics › Re: Power Firms Demand 200% Increase In Tariff by 989900D: 12:47pm On Oct 23, 2016 |
the last time tariff review was done was when the exchange rate for one United States dollar was about N190. But now, one dollar is close to N500; and the price of gas in the international market has gone up too.Exchange rate is king! Something needs to be done about it as quickly as possible, or else, commensurate salary increase, which at this time is both undo-able and economic suicide on the other hand. |
| Politics › Re: PDP Govt Spent N2.1b On Sweets, Juice – Commissioner by 989900D: 12:37pm On Oct 23, 2016 |
Roughly N8.5m per working day for sweets, 'teerebor', and 'chingom'!  3 Likes 1 Share |
| Politics › Re: Re: Kemi Adeosun And The Economy, What Would You Have Done? by 989900D(op): 12:27pm On Oct 23, 2016 |
talktonase:This article is probably less than 400 words, you can do better . . .. It is not about what Nigerians like to listen to, it is about what you as a person would have done, that the present Finance minister is not doing, or doing wrongly. 3 Likes |
| Politics › Re: Re: Kemi Adeosun And The Economy, What Would You Have Done? by 989900D(op): 12:24pm On Oct 23, 2016 |
asorocker:“Remember: when people tell you something’s wrong or doesn’t work for them, they are almost always right. When they tell you exactly what they think is wrong and how to fix it, they are almost always wrong.” – Neil Gaiman 1 Like |
| Politics › Re: Nigeria's Recession; A Blessing In Disguise by 989900D: 12:21pm On Oct 23, 2016 |
The story teaches us that wealth without foundation will end in sudden failure. It is not only Abuja or the typical, overweight Nigerian big man, Nigeria itself is a victim of lazy wealth: oil is not a result of hard work or creativity. We don't even as much as have local capacity to drill the oil!The saddest part of our predicaments. 1 Like |
| Politics › Re: Epic Reply To Senator Ben Murray Bruce Tweet About Recession by 989900D: 12:05pm On Oct 23, 2016*. Modified: 12:22pm On Oct 23, 2016 |
Does he ever tweet about his constituency or state? Setting up committees is just another avenue for wastage in most cases. Is the economic team headed by the VP not a committee, or it is until you tag it 'committee' before it sinks? What do you call the liaison between the economic team and experts i.e. Bismarck Rewane, Prof. Akpan Ekpo, Dr. Ayo Teriba, Prof. Badeye Sani, and Bode Augusto? 2 Likes |
| Education › Re: Oko Polytechnic Rector Weeps As Corrupt Lecturer Is Exposed By ACTU (Photos) by 989900D: 11:32am On Oct 23, 2016 |
'Kwaraption' everywhere. |
| Politics › Re: Re: Kemi Adeosun And The Economy, What Would You Have Done? by 989900D(op): 3:07pm On Oct 22, 2016 |
This is supposed to bring the best out of intelligent criticizers -- comments we can all learn from. Probably this should go Frontpage, maybe we could get some constructive criticism. If you can't proffer alternate solutions -- "abeg carry your wahala and go o", "o saro Monday". I don't have time for intellectual midgets. 5 Likes 1 Share |
| Politics › Re: Re: Kemi Adeosun And The Economy, What Would You Have Done? by 989900D(op): 2:03pm On Oct 22, 2016 |
“Remember: when people tell you something’s wrong or doesn’t work for them, they are almost always right. When they tell you exactly what they think is wrong and how to fix it, they are almost always wrong.” – Neil Gaiman 5 Likes |
| Politics › Re: Kemi Adeosun And The Economy, What Would You Have Done? by 989900D(op): 1:35pm On Oct 22, 2016*. Modified: 7:42pm On Oct 23, 2016 |
In the words of Benjamin Franklin, “Any fool can criticize, condemn and complain and most fools do”, OTOH, Michel de Montaigne opines “We need very strong ears to hear ourselves judged frankly, and because there are few who can endure frank criticism without being stung by it, those who venture to criticize us perform a remarkable act of friendship, for to undertake to wound or offend a man for his own good is to have a healthy love for him.” Gleaning from the above, while criticism in itself is a good thing when done constructively by those who truly understand a situation, it can also be an act of foolishness when done by people who have little or no idea about the subject matter. Having our harsh economic realities in mind, which is unfortunately further exposed by fall in oil prices (which should not have been a big issue if we did the right things from before), I believe Kemi Adeosun has done very reasonably well in managing the finances of Nigeria. I was initially skeptical about her appointment, and would have preferred some other candidates at the time like I wrote about last year, but she has really turned up, and if things pan out, she 'might' as well go on to be the best Finance minister this country has ever had. From blocking financial loopholes and lavish spendings, to wooing foreign investors, trying to boost our infrastructural deficits, . . . I am of the opinion that in few months from now, if complemented by smart monetary policies and regulatory oversight by the CBN, her relentlessness will bear substantial results. I do not want to use this medium to elaborate on what she has done so far, rather, as a medium to delve into what her applauders and critics alike think she could have done differently, or better, or left undone. Personally, my main criticism of her and the PMB administration in general, is the pedestrian pace approach in the face of ravaging economic fire. “When virtues are pointed out first, flaws seem less insurmountable.” – Judith Martin “Remember: when people tell you something’s wrong or doesn’t work for them, they are almost always right. When they tell you exactly what they think is wrong and how to fix it, they are almost always wrong.” – Neil Gaiman Question: What would you have done differently? 3 Likes 1 Share |
| Politics › Re: Time To Rally Around Fani Kayode by 989900D: 12:46pm On Oct 22, 2016 |
Did Fani rally round you when they were sharing the money? Will he rally round you when they share the next?  |
| Politics › Re: Top 6 News That Are Giving Wailers Sleepless Nights by 989900D: 7:59pm On Oct 21, 2016 |
CRUDE OIL HIT 60? |
| Romance › Re: The Different Ages Of Unmarried Ladies And The Way They See Romance. by 989900D: 11:26am On Oct 21, 2016 |
This set of ladies have grown in wisdom and you will hardly hear them talk about wanting a tall,cute....but at this stage, a GOD fearing man with a vision who is ready to settle down is their choice.  |
| Business › Re: Is Dangote Your Messiah by 989900D: 7:31am On Oct 21, 2016*. Modified: 8:27am On Oct 21, 2016 |
Blue3k: Fact of life: Dangote will be the messiah of this country by 2019. Hate him (like I 'used' to), love him, love to hate him, take it or leave it -- it is the reality -- a fact of life. Over 20 refinery licences have been issued since OBJ, what have they done with it aside using it as a leverage to get crude from NNPC? The rest were busy swimming in free oil subsidy funds for no job done, except one 1,000 bpd modular private refinery in Akwa Ibom. And you want us to criticize the one person who's taken the initiative along with fellow investors to build the largest single train refinery (650,000 BPD . . . enough to take care of our needs and export the remaining) in the world to our benefit? The one single project that will have immediate direct impact on this country's economy, creating thousands of jobs and ripple-job-opportunities, not to mention the fertilizer plant and power generation plat included in the project, that will ensure Lagos and environs will likely never experience power black out again. Suffient fuel supply, no more fuel scarcity, no more importation of refined petroleum products, a practically very stronger Naira. Ordinary letting the NNPC refineries run in a PPP sorta arrangements, the legislature and the executive can't get that right for about a year now. BTW, there are a few other refineries now coming up too (emulating the man) i.e. the 200,000 bpd refinery in Akwa Ibom, one at Ogun state, and Okolola free-zone will likely have a few too. Dangote tomato processing factories and rice initiative which is spreading across the country, is set to provide thousands of jobs, help eliminate the country's $2b rice importation annual bill and largely help reduce the country's $22b dollar annual food importation bill. He gets favors from the government? Yes. Is he the only one that does? No. What have others done, bar some few? If Dangote is not to be appreciated, are we to give kudos to those that practically rob this country of billions of dollars, only to go stash it in foreign countries weakening our currency, and leaving infrastructure and other needs in comatose. Dangote is a blessing to Nigeria in particular, and Africa in general. He's got favours, and he is reciprocating in kind. Others steal and oppress us with their loot. |
| Politics › Re: Nigerian Stock Exchange Rebounds, Gains N41bn by 989900D: 6:37am On Oct 21, 2016 |
modath:I'm Holdin' up Mo'.  |
| Politics › Re: Obiano, Emefiele, Bagudu, Ogbe Watching Anambra Rice Being Harvested-pictures by 989900D: 6:15am On Oct 21, 2016*. Modified: 6:35am On Oct 21, 2016 |
We need this rice revolution to take over this country -- $2b drain on Forex on importation of rice annually is an abomination when you have an humongous fraction of fertile lands lying fallow in a country with millions of jobless able-bodied women and men! Till we can meet up at the least, 75-80% of the over 6million metric tons of rice we consume annually, we should all reduce our consumption of imported rice especially; starting from all gov't houses. 10 Likes |
| Politics › Re: FG Misses School Feeding Take-off Target by 989900D: 6:10am On Oct 21, 2016 |
Good gesture, too many complications . . . I've never supported this programme. |
| Politics › Re: Nigerian Stock Exchange Rebounds, Gains N41bn by 989900D: 6:07am On Oct 21, 2016 |
Ebbs and Flows. |
| Politics › Re: I Will Kill And Eat Any Arrested Cattle – Fayose by 989900D: 6:06am On Oct 21, 2016 |
The one thing he has done right; abeg share the meat reach us for yonder o. |
| Business › Re: Naira Inches To N280 Per US Dollar by 989900D: 5:29pm On Oct 20, 2016 |
The below is a cut from my comment on another thread, on my outlook going forward . . . On the longer term, if the rice and general agric initiatives yield positively, and if the over $100b in investment commitments Kachikwu, Adeosun, and Emefiele got from their trips to Asia, Europe, and North America would trickle in (a 40 member delegation from China should be in the country any moment this October to put their money where their mouth is), and we can have some of our assets sold or leased soon enough, it will help MASSIVELY with the economy and the Naira situation going forward. We need investments in our Oil and Gas sector, Rail, Power, Housing, Roads, Agric, Car manufacturing and other Manufacturing to make the economy and the Naira practically strong. Ultimately, our best hope (considering how good we are at making simple stuffs be rocket science) of getting out of the woods while we figure other exports bringing in Forex is, Dangote refineries and Fertilizer plant and power plant, the other refinery in Akwa Ibom, NNPC leased or PPP refineries, the other ones coming up in Okolola and Ogun state which all combined, can refine over 1.4 million barrels of crude; enough to eliminate our Forex needs for refined fuel with a lot more to spare for exports (earning Forex from refined fuel export) -- that will be our major game changer -- that, with the earlier listed, can bring the Naira to as low as N100 to $1 or thereabout. 1 Like |
| Politics › Re: The FASHOLA YEARS - Details Of Contracts Awarded In Lagos For 2007,2008,2009 by 989900D: 5:23pm On Oct 20, 2016 |
three:I am not qualified to evaluate them projects. Like I said, if we need unbiased evaluation, independent auditors would be the better option. |
| Business › Re: Naira Inches To N280 Per US Dollar by 989900D: 5:05pm On Oct 20, 2016 |
bigtt76:Inflow generally increases towards December. That said, even when the rate was N160-200 in 2014, the inflow was almost $20b per annum. The expected inflow this year though, is projected to exceed $30b slightly due to your reason (the emboldened), more Nigerians overseas sending money home than say 3-4 years ago, and SOS calls from home due to the comatose economy. Mind you, those overseas still need to work to get the money, pay bills, and e.t.c. I need to add too that, as the FMDQ market progresses and more foreign investments (portfolio and real/FDI) are sought, there would be increased inflow, maybe not on the scale we would want, but there would be progressive increase in inflows, no matter how little. Also, the more the BM closes in with the 'interbank' the less unofficial inflows we would have, giving some boost to funds trickling in via official channels. ATM, of the 'projected' estimated average inflow of $2.9b per month from diaspora remittance, less than $200m is currently being sold to BDCs per month, actually less than $150m. To topic: I don't see any '280' in the article, bar the heading. 2 Likes |
| Politics › Re: The FASHOLA YEARS - Details Of Contracts Awarded In Lagos For 2007,2008,2009 by 989900D: 4:54pm On Oct 20, 2016 |
Throw it to auditors to do the neeedful; what can we do from behind the screen without assessing the projects but argue blindly (largely)? |
| Politics › Re: Lagos Economy To Grow Bigger Than The Rest Of Nigeria – The Atlantic by 989900D: 4:51pm On Oct 20, 2016 |
Blue3k:I agree with everything else, but the 'spirit' of Lagos is magical. 1 Like |
| Politics › Re: Busted! Information Minister, Lai Mohammed’s Son Caught Smoking In Public by 989900D: 2:42pm On Oct 20, 2016 |
Abeg, make we join hand contribute money give the OP and the hungry blogger at 'blackbox' to go Dubai. I tire. 3 Likes |
| Politics › Re: EFCC Planning To Re-Arrest, Detain Me – Fani- Kayode by 989900D: 2:36pm On Oct 20, 2016 |
You chopped alone . . . "I beg carry your wahala and go o". 1 Like |
| Politics › Re: Patience Jonathan Explains How She Made $15m, Says “i Saved For 15 Years” by 989900D: 2:32pm On Oct 20, 2016 |
Kingsley10000:Tey, tey, I wonder why she couldn't teach Oga Jona how to save for Nigeria for rainy days. 1 Like |
| Politics › Re: Fayose, Omisore Got N3.8b Arms Cash, Says Obanikoro by 989900D: 2:30pm On Oct 20, 2016 |
2018 (after immunity): Fayose will either run away, or join APC . . . actually 'the little man in me' is saying he might even be spearheading Bubu's reelection. See FFK. These politicians are shameless thugs. |
| Politics › Re: Aisha Buhari Shakes A Man In Belgium & Gets Blasted On Facebook - Photos by 989900D: 1:19pm On Oct 20, 2016 |
This people sabi fall hand. |
| Politics › Re: Gtbank Reports N120bn Profit In Nine Months by 989900D: 1:14pm On Oct 20, 2016 |
When you have been racketeering in Forex for so long months, gain suppose dey, doley! |
| Politics › Re: Binta Garba: My Primary Constituency Is To Be In The Kitchen & Other Room by 989900D: 1:08pm On Oct 20, 2016 |
Even something as true and basic as this, still needs to be twisted? |
