₦airaland Forum

http://news.bbc.co.uk/2/hi/business/10198207.stm
The number of Nigerian airlines has grown with the likes of Arik Air emerging Nigeria's central bank is extending a 500bn naira ($3.3bn; £2.3bn) bail-out to its troubled airlines.

The fund, first announced in March, was originally meant to stimulate credit to the power and manufacturing sectors.

The country's aviation industry, already hit by higher fuel costs, has grown rapidly in recent years and many airlines are heavily indebted.

In August 2009, the Central Bank of Nigeria also injected 400bn naira to rescue five banks.

'Avert crisis'

"These airlines can now partake from the fund and those that are indebted to banks can refinance their loans and amortise them over a period of ten to 15 years," the bank's spokesman Mohammed Abdullahi said.

"This we believe will help put off a feared financial crisis in the aviation industry."

Virgin Atlantic has said it is looking to sell its 49% stake in Nigerian Eagle Airlines, formerly Virgin Nigeria.

Nigerian Eagle Airlines suspended its loss-making long-haul routes to the UK and South Africa last year to focus on domestic operations.

It has nothing to do with the Malawi case, only dunces would use that argument. The Malawi case is not about marriage.

This could be a precursor to marriage. The point is that their action is not consistent with the laws of Malawi.

2. The polygamy in the US/UK were made illegal a long tym ago. It has not yet being challenged in the US. Once it was challenged in the UK, the UK allowed polygamy for people who got married outside the UK. Such legislation was easier for them because they dont need to worry about litigation or feel liable for foreign marriages. Now polygamy in the US would be another cup of tea. With the large population of feminist and independent women in that country such crap will not fly.
3. I equate it to gun laws because although federal gun laws were made in 1948. But they were later repealed in 2008, after a landmark courtcase. No courtcase has been focused on polygamy. The reason why?

First of all the polygamy laws in the US were based on intuitive moral grounds as well as the claim: The US is a Christian nation . However, this could be challenged, and the law would have to be defended on other grounds

This argument is lopsided and mute because Malawi does not tout herself as Christian nation and laws are made based on values, cultures, principles, and norms of a country.

1. The polygamy law is not severely enforced in the US. Polygamy unions do occur as I mentioned earlier.
2. If it was, and brought to court, it will not hold water in my own opinion and those of others. I might be no lawyer, but I can spot a weak argument. Women rights organizations will shout fire and brimstone. It would take the feminist movement several years back. These women rights organizations are less in the UK lol, so that could have been why the polygamy law was amended.

Polygamy is outlawed in all the states in the U.S and it’s a federal crime, so make no mistakes about that. There are laws against bigamy as well. You have just butchered history here. A little of legal lesson. Common marriage law is practiced in the U.S and it was derived from English common law, which was derived from Roman and Canon laws. Does Roman Catholic have anything in common with Roman and Canon laws? Go figure.


The DADT (dont ask, dont tell) was initiated during the Clinton administration. Clinton might have been ultraliberal but he is not s.t.u.pid. This law was supposedly repealed two days ago- I had a discussion with one of my friends- quite a brilliant fellow- but very homophobic. He argued convincingly on why gays should not be allowed to declare there sexuality in the military. I still agree with his argument, and I am skeptical about Obama's choice to repeal this law. One of the reasons is that the U.S. Military is significantly made of southern Americans from the bible-belt. Most are rabidly homophobic- they would refuse to share a room/food with a gay person. Imagine if an openly gay person was allowed to serve in the army- this would compromise his safety and even the national security of the US during wars

You are making conjectures not based on fact. America is a conservative country by western standard, they believe in God more than other country in the Western Hemisphere. They go to church more than any country in the Western Hemisphere. Their conservatism revolves around social issues like gays in the military, gay marriage and abortion. You may not win a presidential election in the U.S  if you are strongly in favor of these social issues. So the executive arm controls the U.S Army not southern Americans. Politicians not want to alienate voters who are driven by social issues.

This law has not been repealed as you said, the US House of Reps voted to ban DADT.The Senate has not voted on it. The U.S has a bicameral system that would require a vote on both houses of Senate and Reps. It’s like saying that Bill Clinton was impeached without saying that he was impeached by the house representatives and acquitted by the senate, so he was not impeached.


Please read on arguments against polygamy and how he affects the autonomy of women. Do a simple google search. Then you can see why it cannot even be close to be legalized especially in a country where the women have lots of rights.

In Nigeria where a adult woman cannot easily file for alimony in an abusive relationship, imagine what would be happening in polygamous unions. How can someone say women can choose to be polygamous? Does this make sense? Do you think women want to share financial resources with several women? What about the children of polygamous unions? What will happen to them in the presence of a "divorce"?

Can anyone argue that polygamy is good? No. But still its the default arguments for those who have nothing to argue with.

Couldn’t the same argument be made that homosexuality does not do any good to the Malawian society?

https://www.nairaland.com/nigeria/topic-37902.96.html

where was this profesional politrickian when Abubakar Rimi contested even when it was 'zone' to the South?

yes he built 3rd mainland bridge with IMF and World Bank loans and we paid them back in 1000 folds because he misused all the funds. It's  like a rich man in your village who usurps land, builds a factory and employs you as a gateman.

Please go and find out exactly what happened. They were not thrown into prison because of homo union. They were thrown in for announcing there engagements and "gross indecency," basically gay banging. You dont get arrested for that in the US.

polygamy is a useless argument. Its just like asking why are there gun laws in the US. Its harmful to women.

There was a time in the US when it was illegal for  such public pronouncements, but in Malawi it's illegal to do so , just like the way it's in the U.S military, declare your sexuality and get kicked out. How is the polygamy argument useless and how does it correlate to guns and women?

May be you should ask Mr Obasanjo what about sleeping with his Son's Wife
But asking us to entrench  "sleeping with your's son" into our constitution is  evil.  The same folks who would frown at polygamy and polyandry are quick to judge on homosexul issues in Afica. If homosexuality has been fully accepted in the west, why is the U.S not allowing homosexual unions?

It's called free market- TUFACE has the right to set his prices and consumers have the right to say this is how much we think your CD is worth-   Fans will buy if they like it. I remembered OJ Productions making IGODO and selling the VHS around N350, some folks complained and He OJ, was  making  a lot of money from his sales. It's time we stopped comparing creativity with piracy

tomorrow someone would wake up and say that Dr James Watson's assertion that blacks have lower IQ is wrong.  Richest Nigerians are those who have amassed public wealth.

Does he like polygamy or polyandry?

I have noticed that many young nigerian men over here are faking or as they called it in Nigeria "forming". personally, I don't have time for back and forth games. I think it is childish.
Have ever bothered asking those young men their thought on most Naija girls? They would say they are forming as well. Put your eyes on the ground. A Naija guy who is over there with all his '' forming" is a positive indicator of Naija found husband. Have you tried Naija born Americans?

He's gay

Just tell him to do what his dad did to his mom - marriage

We are revolting on NL, do yourself a favour, just step into NASS complex and you will be amazed by the type of cars these Thiefnators and Thiefratives are driving. They have dedicated elevators and wifi access as fast the speed of light, but NEPA is not their friend.

NeedHelp
please could you post the facebook link

why is the new movie called "Things Fall Apart?'' I  hope Chinua Achebe's lawyers are not going to go after him?

why cant the movie producer take his a.ssss to court?

Olisadebe no longer lives in Poland, he is now playing for the Chinese Henan Jiyanye. By the way, he says that he prefers Asia to Europe because he feels more respected in Asia.
because he's no longer in form. Old style in England is a new style in Asia. BTW, does he still have Polish citizenship?

some people are just so jobless, like jenny whatever and adconline or what, u are full of insults and empty, u are no way better than me, its an experience i had and i hv gotten over it, i cant be a fool forever u know, being a fool for 2 yrs may be a blessing as well,
all d same this site should throw away fools like u people cos u are not even near a relationship helper

Sorry in NL, there is multiplicity of opinion and you don’t curry favor with me by saying that this man dumped me after 2 year, there was more to the story which you have refused to address. It's either you were anticipating a marriage from the man or the man never brought it up and you flowed with the flow. The fact that I'm not siding with you should also open your eyes on how some men think. Men do not assume that every relationship should to lead to a marital bliss. Men want more relationships in order to make a better choice of a wifey to take home to mama, most women want the opposite and assume that every guy wants to be hitched.

Where is Emmanuel Olisadebe to tell us what really happened? Oh! I forgot that he has a Polish citizenship and his beautiful Polish wife asked him to shut the bleep up.

http://www.usatoday.com/sports/soccer/cup2002/2002-06-13-poland.htm

You can say what you like, it only highlights your narrow mindedness!

If a man @ 30 is still whinning over the fact that his life is not well coordinated then I don't want to be a party to finding someone to pass the blame on. He dated the gilr for 4 years and you are here telling him how matereialistic she is. Isn't that just another indication of how daft he is? After four years he doesn't know who his GF really is!

And please whenever you feel like making a baseless conclusion about my personal life, try and exercise some restrain b/cos what you know about me couldn't even form a tear drop!

I  don’t know you, but I have made deductions  from your post. The context of this discussion is premised on your attack on a guy who saved N4 million in relation to a GF who is penniless. Your argument is baseless because you sided with a girl who dated a man for 2 years only to find out that the man got a wife at home, while you are attacking someone who who's got no wife, wants to settle and really means business- your benchmark is that he's not independent. Your argument is also sheepish, because someone who has not had a car, now wants a 2008 model, so if  she were making these demands from the onset, this relationship would not have lasted for 4yrs or she would have been rolling with ballers and yahoo boys.
You are the one making an irrational argument here, because the guy in question is ready as hell, but same thing cannot be said of GF. Or if the penniless GF had insisted on N100 million wedding  4yrs ago that the boy would have stuck around?
I dont need more about your personal life cos this is faceless and nameless forum, but you have given us an insight on your values.  Folks like you should be up front about it " I need a sugar daddy husband"

If you guys weren't so hypocritical you'd look beyond your sentiments and see the reasoning behind my post! I certainly do not subscribe to the girl's manner of approach and she definitely doesn't have the right to judge because she's as good as useless herself!

But how can a grown up man who has been working and earning a reasonable pay for 5 whole years not be able to plan his life properly? So all the while he never knew that a day would come when he would need to get married, leave his mother's house, buy his own car and take care of his family? What was he thinking? That he would marry Obasanjo's daughter?

Clearly he needs to cut his coat according to his size and he might as well dump this idea of doing everything at once because he's not that rich! He also needs to set his priorities right! Maybe he's not ready to get married afterall . .  

I thought you would have your head checked before making another post, instead you elevated your post to another level of  materialism and stupidity. What's is the correlation between living with his parents and being rich. Are you saying that had he lived independently that he would have saved huge money in order to throw a big wedding for his penniless girlfriend? Did he complain to us that by doing everything at the same time that it would be much to handle? Is the girlfriend saying that he should have bought a car before talking about marriage or that he should be looking for 2008 model instead of 2005? This is Naija where siblings live with their parents until they are ready for a new life. A man who has got this amount saved and still decided to live with his parents is humble and well raised, but Naija girls are not looking at your humility, but your big pockets even if they eat  0 1 0. Marriage is to them is like a Casino to a compulsive gambler

What do you mean that he's not that rich? How many eligible guys in Naija have saved up this amount  for a new life? I bet you that most  young couples in the west do not even have this amount saved.

Why crucify the guy? Anyways, it's Naija where Ibori and Yerima get  the youngest and  hottest chics. Wait for them cos they have pot bellies, dollars, pounds and  you will be made the 5th wife - still counting.Good luck

Still, I can't help but marvel at how short-sighted you've been. You've been working for five years and in all that time you've neglected to focus on building your life. And now you want to do it overnight? You were living in your mother's house, eating her food and driving her car. It never occured to you that you should try and gain a little independence   

Jeez, MEN! *shakes head

Idiot, the same  way you would side with a girl who was dating a married man for a 2 years   because of his riches only to cry foul when she discovered that she would not be made a  co-director of the guy's wealth  as a wife.  Some guy who saved about 4million Naira ($25,000)  in order to start a new life with a pennyless gold digger is now to be blamed. Maybe he should have bought a jet  and a mansion in VCG to assert his independence. This has clearly demonstrated that  folks like you are not ready for marriage because they want a free ride.  Guess what? There is an eligible husband for folks like you- he's called Ahmed Sani Yerima

my bad, Africa was country and South Africa a continent like South America. Maybe the blogger and Palin went to the same school. I wonder what he said about Brazil's gang and drug problems or Mexico's drug problems. Those comments were totally unnecessary and irrelevant in the context of WC profiles. But again, FOX News is sensationalist news outfit, everything to them is white or black

what wouldyou expect from geographically challenged Americans who think that the world is America, Canada is God's purgatory and Mexico is God's hell. He was writing for clueless American soccer "fans" who think that South Africa is a continent like South America. US WGN TV New presented South Africa on South American map. May he had the same geography teacher with Sarah Palin who though that Africa was a continent.
http://www.huffingtonpost.com/2010/05/14/wgns-geography-confusion_n_576337.html

This happened to me with Contitnetal Trus Bank - later merged with STB.  I was expecting some payments from mutiple sources and  one of the idiot bankers with fat finger credited my account twice  ie 5K now 10K. I assumed the second party paid in  as well and used some ofthe money to buy the supplies they had requested for.
I got to the bank, the bank treated me as a criminal, I was forced  to go to my other bank to withdraw the remaining balance to make up for the over-credited sum.
After this whole saga, I was bitter and embarassed and decided to clean my account with CTB- just left like 1K in the account, then transferred to another bank, few weeks later - my new found bank went bankprupt.  

NB:
This is the  source of my poverty and it's the primary reason why I cannot match IBB Dollar for Dollar , Eliza for Eliza  and Naira for Naira-  in 2011 campaign. Nigeria has missed a potential president.

How could a company that had asked for a bailout 1990's when 'bailout' had not been made a popular lexicon in English Dictionary not be in trouble today where bailout is more popular than father christmas? They started on a faulty foundation -from N500 million credit line from banks that wanted to take over their biz because of non-servicing of loans.

its funny that most of d users in nairaland are lousy, what does insults hv to do with my writing, so many people exp this same thing daily. men are liars and cheat, to get a sincere man is so difficult and even keeping him sincere is d grace of God, we all know this things, even men that get married and keep their wives abroad, and yet have serious dates here, u really dont hv to announce to the chic that u will marry her or even talk abt marriage, there is a certain level u will reach in a relationship, your mind will absolutely be in settling down, so lets be reasonable, those that are dumb or short of what to say can SHUT UP their mouths,

Please save us this preaching, cos u failed to woefully carry out a thorough background check on this guy. U dated a guy for 2 yrs and marriage was never on the table, cos  if it was,  he would have taken you to his family. You were under the assumption and illusion that he was going to marry you. Look,  men do  not envision and fantasize about marriage from childhood like women. It takes a man who's ready for marriage less than a year to figure out that you are a wifey to be introduced to mama.
An eligible bachelor who is fabulously wealthy and still in his late 20's or early 30's is very hard to find, so if he looks like he's 35, comfy, has tons of cash to throw around, ascertain his real age.
Maybe you were too afraid to ask those pertinent questions because you might lose his bailout pump  which was at your service at any time.
What was the premise of this relationship? Was it based on  a responsible, and eligible bachelor who was looking  for a  life partner to help him building and consolidate his life or was it based  on "I have worked hard to build myself, now I am looking for a partner who's going to enjoy with me. Most people would choose the later.

THE PRIVATE SECTOR PROVIDES ELECTRICITY IN CAPITALIST COUNTRIES. NOT THE GOVERNMENT
Wrong. Not in France and South Africa, unless Nigerian economy is bigger than these two countries.

now, they have to include Diego Milito in that list.

This is a farewell letter from Andrew Lahde to his investors, he made about 1000% return on subprime mortgage defaults. He betted against them, this was in part due to his pure understanding of real estate finance and "idiots" and "cheats" who made their way through thru college
Simply put, people who cheated their way thru college made him rich.
Hang in there.

Andrew Lahde of Lahde Capital Management’s farewell letter to his investors in 2007.

Today I write not to gloat. Given the pain that nearly everyone is experiencing, that would be entirely inappropriate. Nor am I writing to make further predictions, as most of my forecasts in previous letters have unfolded or are in the process of unfolding. Instead, I am writing to say goodbye.

Recently, on the front page of Section C of the Wall Street Journal, a hedge fund manager who was also closing up shop (a $300 million fund), was quoted as saying, “What I have learned about the hedge fund business is that I hate it.” I could not agree more with that statement. I was in this game for the money. The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government. All of this behavior supporting the Aristocracy only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America.

There are far too many people for me to sincerely thank for my success. However, I do not want to sound like a Hollywood actor accepting an award. The money was reward enough. Furthermore, the endless list of those deserving thanks know who they are.

I will no longer manage money for other people or institutions. I have enough of my own wealth to manage. Some people, who think they have arrived at a reasonable estimate of my net worth, might be surprised that I would call it quits with such a small war chest. That is fine; I am content with my rewards. Moreover, I will let others try to amass nine, ten or eleven figure net worths. Meanwhile, their lives suck. Appointments back to back, booked solid for the next three months, they lookforward to their two week vacation in January during which they will likely be glued to their Blackberries or other such devices. What is the point? They will all be forgotten in fifty years anyway. Steve Balmer, Steven Cohen, and Larry Ellison will all be forgotten. I do not understand the legacy thing. Nearly everyone will be forgotten. Give up on leaving your mark. Throw the Blackberry away and enjoy life.

So this is it. With all due respect, I am dropping out. Please do not expect any type of reply to emails or voicemails within normal time frames or at all. Andy Springer and his company will be handling the dissolution of the fund. And don’t worry about my employees, they were always employed by Mr. Springer’s company and only one (who has been well-rewarded) will lose his job.

I have no interest in any deals in which anyone would like me to participate. I truly do not have a strong opinion about any market right now, other than to say that things will continue to get worse for some time, probably years. I am content sitting on the sidelines and waiting. After all, sitting and waiting is how we made money from the subprime debacle. I now have time to repair my health, which was destroyed by the stress I layered onto myself over the past two years, as well as my entire life – where I had to compete for spaces in universities and graduate schools, jobs and assets under management – with those who had all the advantages (rich parents) that I did not. May meritocracy be part of a new form of government, which needs to be established.

On the issue of the U.S. Government, I would like to make a modest proposal. First, I point out the obvious flaws, whereby legislation was repeatedly brought forth to Congress over the past eight years, which would have reigned in the predatory lending practices of now mostly defunct institutions. These institutions regularly filled the coffers of both parties in return for voting down all of this legislation designed to protect the common citizen. This is an outrage, yet no one seems to know or care about it. Since Thomas Jefferson and Adam Smith passed, I would argue that there has been a dearth of worthy philosophers in this country, at least ones focused on improving government. Capitalism worked for two hundred years, but times change, and systems become corrupt. George Soros, a man of staggering wealth, has stated that he would like to be remembered as a philosopher. My suggestion is that this great man start and sponsor a forum for great minds to come together to create a new system of government that truly represents the common man’s interest, while at the same time creating rewards great enough to attract the best and brightest minds to serve in government roles without having to rely on corruption to further their interests or lifestyles. This forum could be similar to the one used to create the operating system, Linux, which competes with Microsoft’s near monopoly. I believe there is an answer, but for now the system is clearly broken.

Lastly, while I still have an audience, I would like to bring attention to an alternative food and energy source. You won’t see it included in BP’s, “Feel good. We are working on sustainable solutions,” television commercials, nor is it mentioned in ADM’s similar commercials. But hemp has been used for at least 5,000 years for cloth and food, as well as just about everything that is produced from petroleum products. Hemp is not marijuana and vice versa. Hemp is the male plant and it grows like a weed, hence the slang term. The original American flag was made of hemp fiber and our Constitution was printed on paper made of hemp. It was used as recently as World War II by the U.S. Government, and then promptly made illegal after the war was won. At a time when rhetoric is flying about becoming more self-sufficient in terms of energy, why is it illegal to grow this plant in this country? Ah, the female. The evil female plant – marijuana. It gets you high, it makes you laugh, it does not produce a hangover. Unlike alcohol, it does not result in bar fights or wife beating. So, why is this innocuous plant illegal? Is it a gateway drug? No, that would be alcohol, which is so heavily advertised in this country. My only conclusion as to why it is illegal, is that Corporate America, which owns Congress, would rather sell you Paxil, Zoloft, Xanax and other addictive drugs, than allow you to grow a plant in your home without some of the profits going into their coffers. This policy is ludicrous. It has surely contributed to our dependency on foreign energy sources. Our policies have other countries literally laughing at our stupidity, most notably Canada, as well as several European nations (both Eastern and Western). You would not know this by paying attention to U.S. media sources though, as they tend not to elaborate on who is laughing at the United States this week. Please people, let’s stop the rhetoric and start thinking about how we can truly become self-sufficient.

With that I say goodbye and good luck.

All the best,

Andrew Lahde

I couldn't agree with you more! I give you credit for acknowledging that your own post is senseless.

I bet you cannot hide your face in shame for advocating that someone who truncated a democratic institution , should be allowed to become a democratically elected president. It's like licking your feaces. He failled to appear before Oputa panel, under a democratically elected govt, in fact, he sought for acourt injuction against Oputa Panel. He did not appear  for a presidential debate. He went to court to challenge the outcomes of presidential elections, the very institutions he suspended when he took over government.  India is a better democracy today, because it has kept on a democratic path, the same cannot be said of Pakistan that got its independence with India on the same day. Just look at South Korea and North Korea, it's only someone who's of  bereft Nigeria's history would advocate for a Buhari type of leadership.  " A human being  dissatisfied is better than a pig satisfied"

what a waste of internet time I bet that www inventors never imagined that this senseless post would become one of the by-products of their ingenuity.