9jaRealist's Posts
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Corrupt ZOO! ![]() |
emrain:They can tell it in court! ![]() |
nnadychuks:Has nothing to do with “following” a celebrity. If you are interested in any story (and a story of an alleged drugging and raping should ordinarily be something of legitimate public interest), you will notice if it has been removed from whatever platform it was initially published. |
Ogaemmy:Quit spreading FAKE news! They clearly did not arrest her there. ![]() Meanwhile, this rapist should count himself lucky that he was taken to the police station. |
iluvdonjazzy:You mean he lent PDP N500 million... And thereafter probably stole over N5 BILLION from the rest of us. Some “businessman” indeed! ![]() |
I am usually against body-shaming... But when you put all that cottage cheese out in the public realm, you grant that public a invitation to comment thereupon. |
ZOO! ![]() Populated by superstitious dolts, busy nicking female knickers while others are developing Artificial Intelligence. SMH |
Can someone please inform that young brother in front that is not what is meant when advised to “wear” condoms. ![]() |
ZOO! ![]() Populated by a lot of crude misogynistic idiots. But even here on Nairaland, someone was advocating the arrest of a commenter who made a joke about Buhari. SMH |
SheikhMuniru:Did you even bother to read the post you responded to? As noted, the behemoth Flour Mills of Nigeria is a deep-pocketed significant rival with its Golden Penny Sugar and just commissioned its latest refinery (one of the biggest in Africa) a few years ago. In addition, BUA Sugar has 2 state-of-the-art sugar refineries, including the only one outside of Lagos, as well as two huge sugar plantations situated in Kwara and Kogi states. Similarly, as also previously pointed out, there were at least 28 licenses for private refineries granted (going all the way back to the Obasanjo administration) BEFORE a license was granted to the Dangote Group. In fact, Orient Refinery in Anambra State is operational, and thus Dangote cannot be a monopoly even among private operators (discounting government competition). Nonetheless, you surely cannot blame Dangote for the inertia or incompetence or other inability of other private companies that received private refining licenses and simply sat on it. Except of course that many Nigerians have developed the crabby habit of denigrating and demonizing success while elevating, celebrating and even canonizing failure and incompetence. SMDH |
Own goal! ![]() |
Tetehjewels:Not necessarily. The best form of competition encourages innovation and affords consumers greater choices, but it does not necessarily nor inevitably lead to price drops. For instance, mobile phones are much better presently and we have more choices but they are certainly not cheaper. Price competition (or a competition based primarily on pricing) can be a dangerous race to the bottom to the extent that it constrains the considerable investment required for R & D that is not likely profitable in the short-term. In addition, price competition can lead to the insolvency and/or exit from the market of many competitors and thus result in the irony of ending up with a monopoly or oligarchy. In the Nigerian cement space for instance, the entry of local producers like Dangote Cement and the BUA Group with their ultramodern plants, meant that the large global multinationals that dominated the Nigerian market since even before independence - LaFarge, Blue Circle, Holcim (with all 3 subsequently merging their global holdings), Scancem and Heidelberg, etc. - were not only compelled to stop primarily importing cement from their affiliates abroad (and at best bagging same in Nigeria), but also to renovate/rebuild and upgrade their local plants (at Sagamu, Ewekoro, Calabar, Sokoto, etc.) and to invest in new plants (Calabar/Odukpani, etc.). While there was not necessarily a price drop, Dangote Cement’s 52.5R-graded cement forced the competition to raise the quality of their products to mostly 42.5R grade from the basic 32.5R grade that they dumped on the market in their previous 50+plus years of operating in Nigeria. Ultimately, the result of the competition fostered in the Nigerian market with the entry of Dangote Cement and the BUA Group led to a considerably high quality of cement, greater Nigerian domestic value addition and growth along the backward integration entire value chain, and the transformation of the Nigerian cement sector from the position of reportedly the world’s second-biggest importer of cement (with flotillas of ships regularly lining up off the shores of Nigeria, in what the Economist magazine once dubbed “The Great Lagos Cement Armada”) to an exporter of cement, and in the process saving Nigeria billions of dollars of foreign exchange, earning foreign exchange for the Nigerian treasury and creating TENS OF THOUSANDS OF NIGERIAN JOBS (along the entire production value chain, starting with limestone mining). |
tempest69:DSTV faces Hong Kong’s StarTimes, and also faced Nigeria’s Hi-TV. In addition, there are other pay-tv licensees such as DaarSat and Trend TV. Of course, the Hi-TV dude collected debt financing from Nigerian banks, bought the rights to the EPL and then set about living it up reportedly with yacht parties in Monaco, Cannes, etc. |
sammyj:There were at least about 28 licenses for private refineries granted to other investors, going all the way back to the Obasanjo administration, BEFORE Dangote was granted a license. In fact, the Orient Refinery in Anambra State was licensed under the Obasanjo administration. |
dabossman:YES! They all did (and in fact, for a while Ibeto was the ONLY cement company in Nigeria importing cement without local manufacturing). At the SAME TIME that Dangote Cement won the bid for BCC Gboko during the privatization program of the Obasanjo administration, Ibeto won the bid for the privatized Nkalagu Cement Company while the BUA Group won the bids for the Cement Company of Northern Nigeria as well as for Bendel Cement Company. In addition, the foreign multinational Holcim (one of the biggest global producers before it merged into another global powerhouse producer LaFarge, which also operated independently in Nigeria) won the bid for the privatized Calabar Cement Company (working in partnerships with Flour Mills). Of course it is public knowledge that Dangote Cement’s acquisition of BCC was stoutly resisted by a segment of Benue indigenes shamefully led by then Governor Akume primarily on primordial XENOPHOBIC grounds (publicly driveling that Dangote should have bid for CCN or Sokoto Cement instead) while proffering a preference for foreign investors (as if any sane foreigner would invest in such a climate). Since resolving that resistance, Dangote Cement has not only upgraded/virtually rebuilt the Gboko plant (increasing production TEN-FOLD from a mere 400,000 tons/year at acquisition to 4 million tons/year and employing more workers in the process), but has also built schools and a community hospital while supplying pipe-borne water and electricity from the plant’s embedded IPP. Meanwhile, the Ibeto Group met pretty much the same kind of hostile reception and resistance in respect of Nkalagu Cement Company - but shockingly from his own kin led by the Ebonyi State government, and it has taken well over a decade for Ibeto to apparently finally resolve it and thereafter to execute an agreement in mid-last year with China’s Sonoma (the same company that builds Dangote Cenent’s Nigerian plants) to modernize/rebuild the Nkalagu Cement Company plant. |
SheikhMuniru:And in which sector does Dangote not have “rivals”? Well, competitors (real rivalry is a function of personal efforts ).Is it in cement, where BUA is a huge competitor (and it seems that the people of Ebonyi has finally agreed to allow their own kin Cletus Ibeto to take over Nkalagu Cement and modernize it, after decades of resistance), and where huge deep-pocketed global producers like LaFarge (and previously Holcim and Blue Circle, before both merged into LaFarge), Scancem and Heidelberg have operated in Nigeria since before the 1960s? Or does Dangote Cement lack competitors in the many other African countries where it goes head-to-head against not only multinationals but also local/national companies? Is it in petroleum refinery, where government (through the NNPC) will be an overbearing competitor with the dubious advantage of being both regulator and competitor, and where there were about 28 licenses issued for private refineries (including the Orient Refinery) going back to the Obasanjo administration BEFORE the Dangote Group was granted its license relatively recently under the Jonathan administration? Is it in petrochemicals and/or fertilizer, where apart from the government-owned petrochemical complexes at the Warri and Port Harcourt refineries (again where the government enjoys the dubious advantage of regulator/competitor), there is the privatized Indorama Eleme Petrochemicals majority-owned by the deep-pocketed renown multinational Indorama Group, as well as the privatized Notore Fertilizer (formerly NAFCON), which enjoys enjoys free zone status and has deep-pocketed foreign shareholders (such as the IFC’s private equity fund)? Is it in sugar, where the behemoth Flour Mills subsidiary Golden Penny and the BUA Group are significant players? Or is it in flour milling, where same Flour Mills is by far the leading player in Nigeria, with Oba Otudeko’s Honeywell also a huge competitor? Or is it in rice production, where a late-starting Dangote Group has to compete against a deep-pocketed global player like Olams Group, the Vaswanis’ Stallion Group and several other competitors? It is unfortunate that Nigeria remains a country where success is often envied and derided while failure and bigotry is often elevated and even celebrated. Success is NOT a zero-sum phenomena, and yours does not depend on someone else’s failure or vice versa! |
braine:Well, opinions are like a-holes because everyone has one, so others may also tab your comment as tragic comedy. ![]() Nonetheless, that’s exactly the point. The free expression of a multiplicity of opinions and viewpoints (including jokes that one might personally consider not to be funny or even in poor taste, such as yours) must be regarded as a fundamental right in a supposedly democratic country, as should official tolerance thereof. A basic premise of a supposedly democratic society is allowing a diversity of viewpoints to compete in a free marketplace of opinions. Only brutal/backward dictatorships and feudalistic fundamentalists would think (or act) otherwise. SMH |
TheTrueSeeker:And what if your brother thought he would make more money from rituals and had driven off with the boy? It’s bemusing to me that some people still do not seem to get the inappropriateness of impermissbly driving away with someone else’s kid. To be brutally honest, your brother’s actions were STUPID and ill-advised. What if there had been a accident and your brother survived while the kid died? Frankly, your brother should count himself lucky that the woman actually did the right thing under the circumstances of reporting to police authorities and that he only lost N150k in the process. |
ZOO! ![]() But he should never have put the kid in his car, especially given the sort of country we live in these days. |
braine:It is SHOCKING that you think it would be okay to arrest him for cracking a joke. Nigeria is headed to full DICTATORSHIP! SMDH ![]() |
![]() Pure comedy. The President CANNOT create states. |
PennywysCares:Nigeria remains a misogynistic society. ![]() |
I suspect his brother and “cousins” were responsible. Armed robbers do not go around scouring FB for money-flashers, and how would they have his address so soon thereafter? Yeye dey smell. |
N1 billion for this? Hopefully, it has complex modern equipment inside |
omoteacher:Nothing legally wrong with showing the faces of criminal suspects (unless they are minors). |
mamatayour:Both are NOT mutually-exclusive (but of course many Nigerians will also defend those politicians by saying they are being “targeted”). ![]() But this is how it starts. People steal and get enough money to enter politics where they then loot everything they can get their hands on. SMH |
wizzie001: |
1) Maintenance; and 2) Trying to build 21st century infrastructure for people whose mentality is still several centuries behind, busy stealing undergarments. SMH |
It is OUR money that these fools are spending. ![]() Aso Rock Villa (and Government Houses) should NOT be political party headquarters or event centers, and government funds should NEVER be expended on events for a party’s electioneering campaign. |
haywire07:Let her remain “in the abroad” and starve/freeze her behind off! She probably would have nothing to offer Nigeria. |
Why would any sane investor invest or re-invest in the Nigerian telecoms sector? ![]() The biggest investor by far in the sector (and probably one of biggest-ever foreign investors in Nigeria outside of the oil and gas sector) MTN that came here when NOBODY else was remotely interested in investing in the sector is being harassed left right and center (albeit they deserve the fine for failing to register SIMs - but not the insane amount initially charged), with even the clueless Attorney General now acting as the self-anointed tax authority and tax court while publicly announcing tax liabilities that he apparently pulled from his behind - sadly to considerable applause from the xenophobic segment of the Nigerian chattering class. SMH |
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