FarahAideed: This is clearly a game of Ego and not of mismanagement like the CBN wants you to believe....very poor handling by the CBN , this is beginning of crisis for FBN
What are you on about?
The CBN has been soft on FBN... Which Oba Otudeko have virtually turned into a personal piggy bank.
All the insider loans from years ago remain unresolved... As well as the disallowed FBN investment in Otudeko’s Honeywell. >
Obi1kenobi: You don't seem to understand how price fixing works among a small cartel of suppliers who dictate terms in a closed market. The funny thing is that Dangote cooperated with Zambian authorities investigating a price fixing scheme hatched up by the 3 leading suppliers of cement in the country (including Dangote and LaFarge Zambia) after they conspired to hike cement prices in Zambia. The other 2 companies were heavily fined, while Dangote who snitched on those companies was simply ordered to reduce its prices. Economic protectionism has handed the overwhelming majority of Nigeria's cement production to just 3 companies. Entry barriers to the sector are very high due to the backwards integration policy mandate for all players in the sector, and systemic advantages Dangote and the other top 2 players have enjoyed with initial import waivers, and forex waivers and tax credits, making it very hard for new players to compete. Due to the protectionist measures (ostensibly to promote local content), demand far outstrips supply and with these 3 companies knowing full well that they control the entire closed market and a government who do not keep them in check, they can conspire to fix prices to the benefit of all 3 players. BUA himself has admitted that the 3 big players make monstrous, easy profits and called for more liberal policies in the sector. If any of the 3 companies decided to crash prices, it would make little difference in their market share, for the simple fact that their installed production capacity would remain the same. Capturing the market with lower prices will only make sense when you can meet local demand and everyone can run to you to buy your product and boycott the price gougers.
The bottomline is that the portrayals of Dangote's immense success solely to his capitalistic genius is misguided. He's an oligarch in the model of many Russian and East European billionaires who profited from monopolizing markets after the collapse of communism, and he preys on an underregulated Nigerian market where the government doesn't seem to understand its role in enforcing anti-trust laws that stop predators from abusing their strangle-hold on the local market. These things are in plain sight and they are not hidden. You can read Dangote Cement annual financial reports and compare his profit margins in Nigeria with his vastly smaller profit margins in other African countries where he operates. If the government wants to ban the importation of bulk cement, the least it can do is not allow a small cartel of companies to hold the entire country to ransom with price-gouging.
Tales by the Moonlight... Why don’t you go take similar advantage of the “under regulated” Nigerian market? SMH >
Lifeisnotfair: I hope everyone is having a good day. Here's my story and I'd try to be brief as much as I can.
About four months ago I met this white girl on Instagram and since then we've been talking day in day out. I'm surprised af how quick we both connected in a very short time and to be honest I can tell that she's crazy about me and I'm as well. As a matter of fact she broke up with her ex boyfriend so she could focus on our relationship because according to her she hasn't met someone as sweet as me and I was actually cool with it since no girl has shown me such love in my entire life.
We are both in our early 20s (24 years old) and we 've both promised each other a lot, we plan on seeing for the first time in Nigeria very soon but after last night's conversation, I actually don't feel the same way I felt for her when we started talking.
She confessed to have been with 8 guys after I asked her how many guys she's dated in the past, then she said 9 and later 10 and said she has lost count of how many times she's had sexx. And oh I haven't asked her to be my girlfriend yet though but last night I was about to and after hearing all of her confessions I had to go offline and she's been begging me for forgiveness but I've been ignoring her.
I'm confused and I don't know what to do. I'm deeply in love with her and I see a future with her as well but her past disgusts me so much and I don't feel sexx with her would be something special when we finally decide to get married in the future. Should I continue to lead her on till when I get a green card and just ditch her afterwards or should I just cut ties with her now that I have the opportunity to?
Ps: She's based in America while I'm in Nigeria and for those that would say I'm not a saint, oh well I'm sorry to burst your bubble but I'm still a virgin and haven't had sex in my entire life. I'm not saying she should be a virgin but I feel like 10 guys in the past is a bit on the high side. Please NL members, I need advice on what to do. Thank you in advance.
Update: I've been reading all of the comments and I appreciate everyone of you that took out time to advice me on what to do.
First I'd like to say that my intentions of talking to her was pure and genuine. I wasn't thinking of using her to get a green card. And second I didn't say I was looking for a virgin but it's all good now.
I actually did followed my heart like most persons here suggested and we are both cool now. We hope to see where this leads us in the future. Thank you again.
Dude, do you want cheese with that WHINE? Crying because a white girl you met on the Internet have had sex.
Obviously, you are both INCOMPATIBLE, so just move the eff on! Meanwhile, pele about the failed anticipated papers and eventual passport. >
> What a DUMB government... Spending MORE money on subsidizing CONSUMPTION of petrol yearly than on each of education, health or agriculture!
Btw, kerosene, diesel (used to transport goods/food/people), and aviation fuel (used for cargo/logistics) are NOT subsidized... But the government that buys thousands of cars (for every political appointee/officeholder) subsidizes wasteful petrol consumption. >
Xenry: I live comfortably and I cook comfortably, so do I still need a girlfriend? By the way, rate my cooking. The food is a combination of yam and beans.
Let me presume that you are merely joking... That, unlike the typical sexist Nigerian man, you don’t really think that a girlfriend is your maid and cook. >
jaxxy: What has amputatee got to do with unexpected favor? Was Jumoke an amputee?
That whole money belongs to her!!! Criminal Lagos state can’t change that.
U will have t prove beyond doubt how it was staged to her donors. If not carry ur paranoia and bad belle out of this because it doesn’t even concern Lagos state. They were not the ones who discovered her. They are only in shock that people can give her 25m.
Let them tell us how it was staged now.
She lied about her dad isn’t new. Many politicians have lied about themselves for reasons best known to them ask sanwolu.
The things she lied about doesn’t stop people from giving her money now and again. Is her leg and condition a lie??
U will be shocked with this so-called petty lie people will raise 50m for this gal and lambast Lagos state.
Not sure why you are blathering on about Lagos State... The money does NOT belong to Lagos State, but to the donors.
Meanwhile, if the lie about her dad wouldn’t have made a difference, she wouldn’t have told it... The sad reality is that there are scores of amputees in Nigeria, but her “story” was the game-changer.
Obviously, we all have different moral values (and I’ve no interest in a morality debate)... But, legally, obtaining monies by deceit or false pretenses is FRAUD, and the donors deserve restitution.
If the donors thereafter elect that she should keep the money anyway, that’s fine... And like I previously suggested, it could go towards a prosthetic limb and education (or seed capital) for her. >
jaxxy: No need I read it already. Show me how it was staged. She lied about her dad or husband doesn’t mean it was staged or her amputated leg or condition is fake.
I’m waiting for them to say by who and how it was staged.
Organs: Why? She is still an amputee naaa. Pls give her the money she has a very hard life in front of her. Just tell her not to lie next time and apologise to all those that felt offended.
You lot think seem to think amputees do not have to work to earn a living... It’s a disability (or “different ability”), but not one that precludes education or work.
There was even a double amputee who was a state commissioner in the old Anambra State... To be KIND to her, some of the money could be used to fund a prosthetic limb and education.
Her actions are not simply dishonest... It amounts to legal FRAUD when it was staged for the purpose of “obtaining money by deceit”! >
RuddyFusion: But it's funny how some girls expect gifts during their BDays and can only send you wishes during YOURS......its funny even the ones that friendzone you will still expect a gift from you.
Men, face your business and left girls mata
It’s becoming painfully clear that the typical Nigerian male WHINES a lot... Instead of BITCHING, they should not feel compelled to give any gift if they cannot afford it.
Btw, a “gift” given in anticipation of a return or so someone would be your girlfriend is NOT a gift. >
That the number of banks’ staff “reduced” does NOT mean they were laid off or dismissed... Not least because banks in Nigeria CANNOT lay off staff without CBN approval (a DUMB rule btw). >
binarymachine: Building a solid relationship entails more than just knowing your partner on the surface; you gotta dig deeper and deeper into each other’s lives to find ways you both can love each other beyond mere words. There are partners who can decode each other’s thoughts by mere looking at them, there are those who can tell their partner’s state of mind by hearing their voice and, there are those who can feel their partner’s heartbeat even from a thousand miles away. These levels didn’t just come up by mere happenstance; it took credible and tangible efforts from both partners to get to know each other beyond what they know already.
Here are some factors to consider when finding a partner that complements you in every way:
1. LIKES AND DISLIKES What things do you like and dislike? Does your partner have same or similar likes and dislikes? Are the things you kick against what your partner will readily approve of or, are the things you’ll give a positive nod to the things your partner will frown at? If there’s any aspect of your relationship with your partner you should pay more attention to, THIS IS IT!
2. PERSONALITY TRAITS AND HABITS There are partners who frown at scattered and scruffy places because they have this penchant for always putting things in order. They just can’t stand the sight of anything not put in its rightful place or, shifted out of position. There are partners who pay little or no attention to what their apartment looks like cos, to them, the most important thing is having a place to retire to at the end of the day. Now, imagine these 2 people as lovers – WAR! If you’re partner A and in love with partner B, there has to be some sort of balance between you two because, truth is, you both can’t ever be like each other. Partner A has to learn to match Partner B’s energy and, Partner B has to learn to adjust to Partner A’s standards. When you have a partner that’s willing to adjust and/or change their personality traits for the sake of the love you share, you have a soulmate right there.
3. SPENDING TIME TOGETHER Personally, I’m a CHRONIC introvert and, I love my personal space a lot. Then, imagine me getting involved with a partner that’s the extroverted type and wants me to be just like him………. Trust me, that won’t work! This happens in most relationships where one partner expects the significant other to automatically adapt to their kind of lifestyle without first considering the other party. An introvert will naturally want to spend more time alone with his or her significant other while the extroverted type will always want to be on the carefree zone. Spending time with your partner will help you observe what he/she craves for, wants, desires and appreciate per time.
4. MORALS AND VALUES We all come from different backgrounds where we were raised with different norms and values. Likewise, your partner was raised in an entirely different environment. You both have different perspectives as touching on various life issues and, for there to be a meeting point, you both have to sit down and draw out your forward-looking plan. If your partner’s values doesn’t, in any way, match yours or sit well with you, then, you two have no business being together.
5. EMOTIONAL AND PSYCHOLOGICAL CONNECTION As much as you should be with a partner that has almost or same morals and values as yours, being with a partner that you connect with both emotionally and psychologically is the high point. It’s not enough to be with a partner because its expected of you by family and society to be with one; be with a partner that can read you even when you’re silent.
6. RELIGION AND RELIGIOUS PERSPECTIVES There are certain Christian denominations that are not permitted to get involved with and eventually marry brethren from other Christian denominations. If you’re a Christian and you find yourself in this charade with your partner, you both either have to reach a compromise or separate ASAP! You sure don’t want to be with a partner whom you’ll end up having conflicting issues with in the nearest future for flimsy reasons. Again, there’s a widely-accepted notion that a lady doesn’t have a particular church until she’s married and, immediately after marriage, she relocates to her husband’s church. If youre6a man here, don’t automatically assume that your lady will just move over to your church when you’ve not sat down to discuss about it. And, for the Christian brethren who are in a marriage-bound relationship with a Muslim, ensure that you’ve both decided on this and also seek wise counsel from trusted parties.
7. ANGER AND TEMPERAMENTAL MANAGEMENT Before you venture further in your relationship, first ensure that you can cope with your partner’s temperaments. If it needs to be worked on, please, do. If you or your partner have to take anger management classes as recommended by a seasoned therapist, please, do. Anger beyond what you can contain shouldn’t be tolerated in a relationship so, ensure that you both are on the same page. People get upset for different reasons and, people also react to stuff differently too.
8. COMPATIBILITY Apart from the love you both have for each other, compatibility shouldn’t be trifled with at all. Are you and your partner constantly dragging at each other for even minute matters? Do you never agree on anything? Are you always seeking to blame your partner for what he/she didn’t do wrong just because it makes you feel better? Do you have complex issues and feel threatened by your partner’s affiliations with other people? Then, it’s either you both come to an agreement and try to work things out or, you’re better off without each other. No form of complex or toxicity should be tolerated in any relationship; as long as you value your health and peace of mind.
9. RELATIONAL AND INTERPERSONAL ABILITIES It’s one thing to have a partner who loves his/her personal space and another who just doesn’t know how to relate with people. Get you a partner who loves and respects you yet, respects the other people you have close to you; nuclear family members inclusive. Don’t shut your partner’s close peeps out for whatever reason; keep a healthy distance from them if need be but, be respectful and kind albeit. Source: https://flipmemes.com/2021/04/16/9-things-to-consider-while-searching-for-your-complimenting-partner/
There are MANY roads to paradise... Just be YOUR TRUE SELF and quit with cliched ‘formulas’. >
IfGodbeforus: Blinken and the USA of today has nothing to give Nigeria. They themselves need help. Biden is taking the same path Pmb is going. Sleepy joe is another buhari in disguise.
Hope these kids are successfully rescued, and I realize it’s difficult for any parent or family to hear this... But negotiating with/paying ransom to kidnappers merely puts other people’s kids in danger of future kidnappings.
I know I personally will not want to hear that logic if my family is involved, but sadly that’s the reality. >
OlujobaSamuel: Lol, I remember when we dey sec sch, we dey always boast that Nigerian Army is the best on land and can't even be matched by the US army, we no know sey Na lack of war dey make dem be champion, anyone wey hold Dane gun Now sef dey confront them.
The Nigerian Army apparently used to be very good... Saw action in Central Europe (the Balkans), Lebanon, etc.
But like practically everything else in Nigeria, it has PAFUKA-ed!! >
Insidenaija: Nigerians on social media have expressed outrage after a video of an unidentified man slumped and died in front of a bank in Rivers state went viral newspremises reports.
According to an eyewitness, Uwaifo Obiano who share the video on Faceebok, the man died due to the unfriendly attitude of the new generation bank staff.
Newspremises gathered that the deceased was allegedly denied access to hold money since Friday 23rd of April 2021, even when he came with his next of kin. He was asked to go to the court to get an affidavit even though courts are not in session due to the ongoing strike.
The man was said to have collapsed and died due to hunger, after not being allowed to withdraw, a young lady and two men came to the scene demanding that the bank opens the access door so they could deposit the man’s remains in the banking hall.
According to the young lady who spoke in tears, the man tears the victim was her father, adding that the man was sick and had come to the bank to get money for his treatment.
He supposedly died of hunger, but his next-of-kin who went to the bank with him couldn’t buy him roasted corn? Meanwhile, the daughter immediately devotes more energy and attention to social media than she apparently did to her dad.
Sequel to the topic, would you pamper them just like our abroad parents or spank them just like our nigerian parent?
You mean beat them like BUSH parents, regardless of location or nationality... There are many ENLIGHTENED Nigerians parents in and outside Nigeria who don’t beat kids.
Corporal punishment and other forms of violence breeds fear, not respect. >
Business › Re: First Bank Shake-Up: Hassan-Odukale Replaces Awosika As Chairman by 9jaRealist: 8:25am On Apr 30, 2021
