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Business / Re: Falling Diesel Pump Price’ll Reduce Inflation, Says Dangote by Akamon(m): 7:23am On Apr 11
Air Peace disrupted flight Price, all Nigerians sang his praise and was commended across all tribes. Dangote refinery disrupted Price upon entry into the market, instead of celebrating Nigeria as now an oil product producing Nation and no longer an importing nation, a breakthrough for Africa, a section of Nigerians in their normal way tongue lashes him and the government, poured insult and their hatred.
The two feats are from sons of Nigerians, there both were made possible by the Nigerian Government and the benefits is for we all.
Yet, one is more loved because it's claimed to be their son, same hue and cry was heard when Landmark Lagos business was marked for demolition for a high feat Road construction, the Landmark became more important than the entire road project, tone of sectional hatred filled the Air.
Peter Obi constructed borehole that recieved critism across the country but yet it was all applause from them, they mobilized and poured same insult on Desmond Elliot's project.
Where are we going, what message are we passing to our children. While growing up,
I heard of this bad blood and now I am grown and witnessing this continuous daily hatred spill from a section against the other sections is disappointing . Yet daily cry of been desliked despite the first to draw blood against the other.
There's no achievement from anyone from the other section of this country that is worthy of praise to this same set of person's, whether old or Young.
If Dangote would have been their son, the narrative would have been a song praise for him for a feat worthy to be praised and no complaints about the price.
Dangote should be commended first for the feat, he has put us on the Map of a producing nation.
In all, for every $100 dollar made by Dangote, $35 belongs to Nigerians through the government. It's and all round win. The Price will later come down.
Singaporeans will always advice that for a nation to grow like they did all difference's in religion, ethnicity and others must be set aside and focus on development.

2 Likes

Politics / Re: Tinubu’s Anti-people, Reverse Robin Hoodist “courage” By Farooq A. Kperogi by Akamon(m): 4:26pm On Apr 06
Before now, I thought Kperogi was a brilliant genius who think deep and make top notch contributions.
I currently doubt his intelligence on certain matters for public discuss. In these particular matter, Kperogi goofed big time. His stance for the poor is highly commendable but using that to cheaply blackmail the president calls your analysis to question.
NERC has come out to inform Nigerians that the electricity subsidy removal was only for Band A users. This decision does not affect Band B to E electricity consumption by Nigerians.
NERC released Kaduna Residents Band A users and it shows only 25 housing locations. This action taken is highly courageous from Mr. President in the sense that the rich no longer enjoy Electricity subsidy and money recoup will help to provide more electricity supply to other bands and graduate them from lower bands to higher bands.
Is Kperogi supporting the poor here or acting as the devils advocate for the Rich in disguise.
Please we all are not gullible

The government action will recoup funds from the rich for gas purchase by NBET, since gas makes up of over 70% of our power generation. This has been the bottle neck holding the power sector down, NBET Collect gas for the Gencos and act as a guarantor, Gencos produce this electricity and supply to the disco's, the disco's feed all the band's at a cheaper rate, especially Band A who has been enjoying light secretly daily. Disco's cannot recoup enough money to payback to the Gencos and Gencos cannot pay NBET for the GAS, rendering the gas companies ineffective because of the huge debt owed.
Prof. Kperogi please do a better research on this for a constructive comment
Politics / Re: Electricity In KWH & Minimum Wage In Nigeria, South Africa & Calgary, Canada by Akamon(m): 5:08pm On Apr 05
This message is for the naira land management.
How will your platform be allowed for peddling misinformation.
How can an utility bill charge for a section of Nigerians be used as the general energy Bill for the entire country. Giving room for anger spillage from citizens
Travel / Re: Senate Committee On Works Inspects Lagos - Calabar Coastal Highway by Akamon(m): 5:06pm On Mar 28
Nigeria is a great country, all we need is large available fund to execute our projects. That's why Forex pegging and subsidy have to go. Now we are beginning to be a rich country, and later become a wealthy nation.
Nations will start looking at as us just like China currently is.
The key of success has been granted to Nigeria by PBAT

11 Likes 1 Share

Business / Understanding Naira Stability And Economic Realities In Nigeria by Akamon(m): 7:09am On Mar 25
Understanding Naira Stability and Economic Realities in Nigeria

In recent times, there has been a growing concern among both seasoned economic analysts and layman Nigerians alike regarding the stability of the Naira and the factors influencing its value against foreign currencies, particularly the US dollar. However, it is evident that there exists a significant gap in understanding how forex pegging and floating mechanisms work in the context of Naira stability.

One critical aspect often overlooked is the role of local economic dynamics and the influence of domestic policies on currency stability. The recent clampdown on Binance operators and Aboki forex traders by the Nigerian government has shed light on the detrimental effects of uncontrolled forex trading on the Naira's value. Many Nigerians were unaware that the falling Naira was a consequence of local manipulation within a faulty system that had been allowed to thrive and integrate into the formal economy, disrupting the natural balance.

It is essential to recognize that the measures taken by the Central Bank of Nigeria (CBN) to stabilize the currency have yielded positive results, albeit gradual. However, further stability will require deliberate policy interventions directed towards key sectors of the economy by the fiscal arm of the government. These sectors serve as drivers of economic growth, fostering exportation and self-dependence, thus bolstering the Naira's value upwards to levels below N700-N500.

Similarly, the artificial price hikes witnessed across the country are a result of middlemen manipulation, exploiting the perception of a rising dollar against the Naira. This practice not only distorts market dynamics but also exacerbates inflationary pressures, ultimately burdening the populace. Nigerians must endeavor to understand the intricacies of the economy and refrain from armchair criticisms, instead advocating for informed policy decisions and proactive measures to address underlying issues.

I will conclude by saying that achieving Naira stability requires a multifaceted approach that encompasses both local and global factors. By fostering a deeper understanding of economic mechanisms and encouraging active engagement in policy discourse, Nigerians can contribute to building a more resilient and prosperous economy for all. It is time to transcend armchair criticism and embrace a more proactive stance towards economic development and stability.
Properties / Re: Cost This 3 Bedroom Flat Attached With 1room Bq by Akamon(m): 7:58pm On Mar 24
Babaken:
Wiring
Doors and windows
Plumbing
Painting
Are not included .
You can add and cost the above listed as the last stage
Politics / Re: A Nation On The Path To Greatness by Akamon(m): 7:55pm On Mar 24
dangoteinlaw:



Sir, would it be possible for me to generate a complete bill of quantity for you based on the plan you have provided? You mentioned the cement price as 8500, but we need a full bill of quantity to determine the actual cost accurately. Otherwise, it would just be a rough estimate. Thank you.
You can go ahead with the rough estimate
Politics / Re: Ayuba Wabba: Labour Party Belongs To NLC by Akamon(m): 7:54pm On Mar 24
Willed042:

Science of rigging imported into the region from South West. The same elections top leaders of both apc and pdp in porthharcourt claimed was massively manipulated. You guys can defend the devil as long as the devil is currently working on your side. I fear those who do not fear people like u with no iota of shame and dignity.
I am only educating you and other political neophytes who don't understand the science of Nigeria politics.
Properties / Cost This 3 Bedroom Flat Attached With 1room Bq by Akamon(m): 7:10pm On Mar 24
CAN A PROFESSIONAL COST A PROPOSED 3 BEDROOM & ATTACHED 1ROOM + BQ

Please, I need assistance from Professionals in the house.
What will it cost to build a Three bedroom Flat with an attached one room self-contain.
I need breakdown of the different construction stages as follows.
Please don't add cost of excavation
1. Concrete and casting of iron columns + 4 Coach of blocks = N?
2. Laterate filling+ stones and DPC Casting = N?
3. Blocks to lintel stage= N?
4. Linte stage = N?
5. Roofing=?
6. Plastering=N?
7. POP= N?
8 Tiling= N?
9. Mason payment= N?
10. Building engineer cost= N ? etc.
Please add any other thing, you think I did not capture as part of the stages and cost it.

Note
Use Cement price at N8500 each

Properties / Re: How Much Will It Cost To Build This Kind Of Small Bungalow? Pictures by Akamon(m): 6:49pm On Mar 24
CAN A PROFESSIONAL COST A PROPOSED 3 BEDROOM & ATTACHED 1ROOM + BQ

Please I need assistance from Professionals here.
What will it cost to build a Three bedroom Flat with an attached one room self-contain.
I need breakdown of the different stages as follows.
Please don't add cost of excavation
1. Concrete and casting of iron columns + 4 Coach of blocks = N?
2. Laterate filling+ stones and DPC Casting = N?
3. Blocks to lintel leve= N?
4. Lintel= N?
5. Roofing=?
6. Plastering=N?
7. POP= N?
8 Tiling= N? etc.
Please add any other thing, you think I did not capture as part of the stages.

Note
Use Cement price at N8500 each
Politics / Re: NLC Leaders Stole Workers’ Salaries During Invasion — Abure by Akamon(m): 9:56am On Mar 22
Messiah obedient LP is dancing the spiritual ruggede dance in the public market place with Messiah NLC.
This is a lesson for we all that our beloved Nigeria is not a country where angels are resident only in our area of interest while others are believed to be harboring sinners but we are the same Nigerians with unique deficiency and unique area of strength.

2 Likes

Politics / Re: Ayuba Wabba: Labour Party Belongs To NLC by Akamon(m): 6:44am On Mar 22
Willed042:

The way u guys try to drag south into your political equation is baffling. Now it is more south west and north. South south and south west has nothing in common...religion, food, culture.... The only state Apc won presidential election in the last election is Porthharcout and will all know what transpired in that grab it and run away with it philosophy of your leaders.
Why won't childishness and political myopia not leave your door. You guys will hardly understand politics, that's why till date the science of wike sacrifice is still not understood by you guy's. Why always at a loggerhead with your fellow southerners even when there are noticeable difference, the North has this difference but unite in times of political needs. The day the southerners unite, that's when the political tide of this nation changes. Tinubu and wike individually has shown you guys that a single southerner can take the North to it's kneels.
Wike have set a political precedence about the fear for any region in Nigeria and while Tinubu taught us lesson that no region is more powerful.
It's time to unite and stop setting us back.

14 Likes 3 Shares

Politics / Re: FAAC Distributes ₦‎2.07 Trillion For February, 2024 by Akamon(m): 4:28pm On Mar 19
The day Nigerians channel their energy of criticism and holding government accountable to the state governors, that will be the day Nigerians will be liberated, dividends of democracy will start getting to all it's citizenry, that's when our countries journey from a frontier economy to a developing economy begins.
The Statee are extremely pampered and overlooked by Nigerians, civil organizations and the media houses.
But our development actually lies in the State. Imagine our States competing in infrastructure like Abuja because of commitment by our governors, the Grass become Green for all of Us.

4 Likes 2 Shares

Politics / Re: Ramadan: Emir Of Kano Seeks Reduction Of Food Prices by Akamon(m): 12:40pm On Mar 04
The guys on this platform are too naive about their own country.
The current Commodity price in Nigeria is mostly due to artificial price increase. Whole sellers disrupted the pricing system during the recent dollar increase by daily adjusting prices of commodity through media platforms while retailers effected the price increase on their own part of the market.
This wasnt as a result of demand and supply law of economics but artificial disruption. When dollar rate on the parallel market started a backward turn the wholesalers because of greed has refused to make a turnaround.
This is what is giving rise to the deliberate attacks on warehouses and attacks on trucks on highways.
The way out of this ugly trend of fixated price hike while causing hardship for their fellow Nigerians is for the middle Men to pedal down their greed immediately or else Nigerians will turn their wrath on them thereby destroying their businesses in one swoop.
The FG has told Nigerians that the wholesalers are the cause of the hardship, so let them trade carefully.

1 Like

Politics / Re: Nnamdi Kanu Engages New Legal Team As Trial Begins by Akamon(m): 1:28pm On Feb 26
He will be set free this time around. It's a game plan.
Politics / Re: What Does Crypto Contribute To The Economy by Akamon(m): 10:28am On Feb 22
Binance and it's like is not supposed to be a threat to a nation admitting it's trading. But when you have rogues using the platform for trading, the outcome will never be palatable. The traders of such trading platform are suppose to adhere to it's international SOP but when it's operation is hijacked to obliterate a nations economy as currently done in Nigeria. A situation where the platform becomes a determinant of a nations FOREX, then it looses it's host nations right of operation.
Nigerians by blood are greedy especially when they're not guided by laws, even by laws, we still behave evil.
Binance don't users don't pay tax on their trading, government cannot borrow from them. All they do in Nigeria is an arbitrary dollar price hike.
Business / Re: Remittances, Trade With Nigeria Seen Dropping As UK Economy Slows by Akamon(m): 10:03am On Feb 22
The remittance from UK is artificial. Most remittances are student remittance for round tripping.
They send dollar back home, convert it to Naira, use the CBN trade system to pay their school fees.
The remaining balance is used to buy dollar back into their dollar account or invest it back home.
While others is for Aboki forex trading
Politics / Re: PH Refinery To Begin Operations As Shell Supplies 475,000 Barrels Of Oil by Akamon(m): 11:56am On Feb 09
Nigeria is a Great country, we are getting there.
This achievement and that of Dangote when in optimal operations will reduce our import demand statistics, improve our Ballance of trade and payment deficit, fractionally reduce inflation etc.
Kudos to PMB & PBAT.

1 Like

Politics / Re: Edo Guber: Appeal Committee Hears Complaints Against Delegate Election by Akamon(m): 11:34am On Feb 09
Court will decide this.
Politics / Re: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by Akamon(m): 12:58pm On Jan 13
Thanks to Pres. Tinubu and Fmr. Pres. Buhari.
The two foremost visionary leaders this nation will ever be thankful to have ever produced. May your both names be ever written in gold.
God bless you both mightily.

5 Likes 2 Shares

Business / Re: Video Of production Flaring At Dangote Refinery by Akamon(m): 12:51pm On Jan 13
Sai Baba Buhari. May God continue to bless your foresight.
Your good name shall never be forgotten. You made this come through for Nigerians.
In good health shall you live. Amen
Travel / Re: Morocco, Nigeria & South Africa Lead African Aviation Rise - Forbes by Akamon(m): 7:43am On Nov 30, 2023
Nigerians most times are shock with this type of News, this is so because they have been programmed to underrate their country, insult their nation.
They are educated to Professor level but at the same time they are very illiterate and myopic in their thinking. They are not different from wheel barrow pushers in the market because conjured uninformed information from a beer parlor talk is taken by them hook line and sinker.
The current world system is driven by Data, if you don't have access to the latest information, you simply keep quiet and seek further knowledge.
On Arise TV News yesterday, Rufai Oseni was criticing the Nigerian Aviation as if we have the worst aviation in the world, but today through this new information we have seen that we are ranked very high and this is because most Nigerians now no longer travel by Road. You wonder were they get the money from, it shows that Nigerians are rich and can afford the travel fare.
This simply shows that our perception about the country is wrong because no standard body is releasing this data's to us to see.

1 Like

Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Akamon(m): 12:46pm On Aug 19, 2023
[quote author=Onuohapeterson2 post=125213325][/quote]
Thanks, I do appreciate. Will Google information on priority Visa application.
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Akamon(m): 12:44pm On Aug 19, 2023
Amoj4682:

Work with the last date of arrival written on your Cas.
My Arrival date is 24th September 2024. Is this feasible

1 Like

Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Akamon(m): 12:39pm On Aug 19, 2023
Luada:


I don't think so when did you apply for uni
I was sent the CAS for over a month to confirm but because of the situation then I refused to confirm it, I asked for refund and till date and haven't heard from them so I have to go ahead.
I just did the confirmation on Thursday of this week.
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Akamon(m): 12:34pm On Aug 19, 2023
Amoj4682:

Work with the last date of arrival written on your Cas.
Thanks for the reply. If I get you right, that means a YES and possible.
If yes, is it advisable to commence VISA application without submitting documents until POF is ready.
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Akamon(m): 12:19pm On Aug 19, 2023
Urgent Urgent
Got my CAS confirmation yesterday 18/08/2023.
POF will start counting Monday 21/08/2023.
Will commence visa application today.
Can I still meet up with arrival date 28/09/2023
and possible Visa approval?
Politics / Re: NLC Faults N180 Billion Palliatives, Says Governors Will Frustrate Programme by Akamon(m): 11:05am On Aug 18, 2023
What kind of country are we in. FG want to share palliative NLC and it's obedient arm complained of corruption. FG has relinquish itself from the lead to the states that is more closer to the people, yet NLC and obidients are still complaining.
I will stand in support of the government to imprison any endangered species bearing the name NLC and mischievous obidients. Why acting as stumbling block to the growth of this nation.
They cannot offer any advise or substitutional recommendation, daft individuals. What a country.
Politics / Re: Abia Tribunal: Uproar As Minister Of Justice-Designate Fagbemi Shows Up In Court by Akamon(m): 10:47am On Aug 18, 2023
I can't wait to hear from Obi Ezekweseli's reaction towards this. May be she will be silent as ever when it involves her constituency. #ALL OKBOLOR EYES ON Labour in Practice#, the Slayer of every good thing in Nigeria.
Foreign Affairs / Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Akamon(m): 10:20pm On Aug 14, 2023
SunTzu123:

1. Improve balance of trade. How you ask? By increasing exports!
In Nigeria s case it's easier; if we truly saving N1T every two months from subsidy, why not fix our refineries? Palliatives is another subsidy fraud! (By the way, do you know ANYONE who received TraderMonie?)
If our refineries are working, we will not be importing fuel!
Devaluing your currency actually helps if you are an exporting economy! (China makes sure the yen is always lower valued against the dollar!)
Why is NO ONE talking about getting our refineries back to work so that Nigeria becomes a net exporter of refined petroleum products?

Why your Refinery can't work and if it works, it won't get crude supplied to it.
This guy's are more intelligent than ordinary Nigerians because of their access to informations that we all don't have.
The reason is basically because of the OPEC quota given to its member nations and the need for dollar for it's Forex reserve.
I can't go more than this, it's a public forum.
Please connect the dots.
Thanks

1 Like

Foreign Affairs / Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Akamon(m): 10:13pm On Aug 14, 2023
Nigeria has a youth population that lacks educational improvement. They believe the world is local with boundaries called their country. They are unable to apply what they learnt in school to the world realities and continue to deceive themselves based on tribal, religious and party lines.
They don't read to learn and apply their knowledge to daily realities, yet they want power to be transitioned to them(What a hypocritical youth). Check their comments here on Nairaland and other social media handles, you will spit because their words don't push out logical reasoning.
Where have we got it wrong. Let's change our ways, study to make educative comments.

UK has of recent increased interest rate continuously to battle inflation, though it's same model across the world but countries need to tilt theirs e.g while Nigeria increase her rate, supply sector should be worked on(Interest rate increase is a model that must be used),
Ghana has an Inflation rate above 42%(yet you rubbish your country Nigeria that has 23.%), in Africa Nigeria is among the Nations with a reasonable inflation rate (though not happy with it).
Please let us read, Government officials might be reading our comments on platforms to learn and develop on.

4 Likes 1 Share

Politics / Re: Tinubu made commitments: NLC, TUC hail Nigerians on turn-out by Akamon(m): 8:58am On Aug 03, 2023
All NLC wanted is a mere pronouncement of word of commitment in Aso Rock, same word would have been forced out in same location.
We have now gone back to were there started, sitting and waiting.
NLC want to go to the street and de-market the FG.

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