₦airaland Forum

CalmTravels:
Things I found out in Sweden.

• I paid commission to exchange my US dollars to Swedish krone! Foreign currency is actually not craved for here like we do in Africa

• Everyone is helpful, nice & kind. Can give up their food for you. Their social welfare system is the best in the world.

• It's a totally cashless economy here. Yes, you actually dont need a paper money. Everything is digitalized including buying anything!

• Everyone works. The bills are crazy so any krones is needed. The Swedes are naturally, big, brawny, smart and strong. So working hard is never a problem.

* Work resumes by 10 am here due to weather changes. I mean formal jobs, not non skilled jobs.

• During summer, the sun doesn't go down. Meaning, there's no night. You can get sick due to body adopting these time changes. My first night i Stockholm, i slept around 1am without knowing its that late.

• Its really stable here. Count your self lucky like me if you have access to Sweden, it takes a lot to get their papers! Their paper can straighten out some shits in your life. I am a testimony.

• Stockholm is an idea City to raise up a child as everything is cool, lovely and good! World class primary & secondary schooling FREE.

• Crime rate is really low. Yahoo, fraud or other social vices can not work here. You will be caught easily as there are traits to everything you do

• Swedes are normally thieves, they are the original Vikings or sea faring thieves of past, so to curb that natural trait to steal, the government has done a lot to ensure everything can be tranced, this gave rise to a cashless, contactless economy that has proved to very efficient! In order words, it has made the Swedes to be law abiding because off what use is it to steal when you know you will be caught? Well, their prison is better than most average homes in Africa!

• Transportation is relatively fixed. For 3.9$ (39SEK) you can get a ride on the bullet train to anywhere in Stockholm for 75minutes. No other fee applies.

• Beside Rent, food, anyone can survive in Stockholm without much of a deal! With a Salary of $3000 per month, you'd live like a king! Especially if you work remotely!

• You don't really need public transport/a car to move around city, except you are hopping from one island to another. A scooter or bicycle would be more helpful!

• Swedes are Innovative, they have customized bicycles to various roles in the house, or work.

• I prefer living in Stockholm than anywhere in USA or Canada.

• The gap between rich and poor is low compared to France or UK. Here the richest man might be that fellow riding an electric scooter, or drinking low beer with you in the pub.

• Most houses in Stockholm do not have physical keys... They use codes type into the door to open. So if you have no business there, you gat no reason

• Almost everyone drives a bicycle, or scooter to move from one place to another.

• Sweden is really expensive to live in, but has one of the highest quality of life you can imagine.

• Everyone drink tap water. It's squeaky clean & safe. pH value is almost 7.0 on the dot!

• I met several Nigerians, most of them left Italy to reside here. They're always preferred before other African nationalities.

• Nigerians here, as in Kigali keep the law.

How can we fix our country Nigeria like this. God help us

Following

Likoya:
Only in Nigeria soldiers dey guard president.... Have you ever seen soldiers guarding the president of America or Russia Or Prime minister/King of Britain?.. Only in Nigeria you go dey see military fighting vehicles as part of presidential convoy, as if there are no better places for them to be...
And moreover all these things are just for show in my opinion, just to look professional

Lol. Stop playing.

Presidential security is not child's play, no country takes it for granted.

Kai

The quest for greener pastures has led many to destruction. God help us all. Amen

Some of these things are not just mere coincidence

Glory Dome Dunamis

Be like NNPP na their card

Naira20:
Kikikiki...they think they can sway youths in less than 11 days to the elections.

Abdul, Nigerians don wise up

Election or no election, is it a good initiative?

No be everything be complain

Pharmsavi:
So tell me what was the first meal you ate in the new year?
Mine was spaghetti and chicken with some eva wine to step it down

Holy communion

ccffwx:
I still remember that I sowed all as my first fruit to God.

Nice

.

Omor, I like this jam oh.


This would soon be an anthem., trust Nigerians

Lol.

Paying tithe shouldn't stop anyone from helping the needy, helping the needy shouldn't stop anyone from paying tithe.


As for me, I dey pay my tithe., and I am very very happy about it.

Like play like play.... things dey oh

E be things oh

Hmmmm, things dey happen oh.

SadiqBabaSani:
White Lion Bello, most useless Governor Kogi ever had. Kogi needs special prayers from Nigerians,

Late Abubakar Audu was bad, but better than all the Governors after him

Ibrahim Idris was just figure head,

Then Idris Wada, Then Yahaya Bello White Lion

What are you even saying?

Are you from Kogi? Let us match their achievements one on one and you will See Yahaya Bello is better than them all.
Quote me if you are ready

gabicon:
Were is the evidence of the agreement? If they had it they would go straight to court and not resolve by the court of public opinion. Kogi State should get their own house in order by doing some serious investigation within.

Ordinary invitations and summons he never honoured. Compete with Dangote in Court, Court that belongs to the government., it will be a total waste of resources

GeneralDae:
Lagos would not incite youths or send vigilantes to go close down the factory without trying to resolve it in court first.

Try and follow the story from the beginning and stop jumping into ridiculous conclusions

mastermaestro:
Oga, was Kogi government meeting the financial commitments contractually required to lay lawful claim to the said 10 percent stake?

You go fear investment expert na,

GeneralDae:
I nor know when our people go get sense. This is where Lagos somehow shines and seem to be a more comfortable environment for investors.

So investors in Lagos illegally acquire assets and don't do CSR? So Lagos is open to fraudulent investors?

Tell me which state will take such bullshit

gabicon:
The Kogi State governor has failed to show proof that it owns 10% stake in Dangote cement. Obajana cement sold to Dangote was only in paper. Some questions on the true existence of obajana cement needs to be answered:
Where is the plant location of Obajana cement?
Who are it's former staff?
The ten years prior to Dangote coming on the picture what products were produced?

The company had no product, no equipment, no operations no factory. Why would a person who develops all these give Kogi State 10%?

If the problem in question is a CSR problem, let it be handled as such but let's not spin it to an ownership tussle.

It's barely 8 months to the end of the tenure of the sitting government, much can only be imagined about their motives.

Smh
Just imagine your assertion, so the initial agreement that specifically contained Kogi state's 10% is what? Dangote in connivance with Some persons in power then amended the agreement transferring the 10% shares to Dangote, without the approval of the Kogi State House of Assembly!!!

I hope this helps, next time please do your research before quoting me, no be cruise

Dangote can't win this battle no matter what, Obajana Cement wa sold to Dangote, 90% and the remainder 10% for Kogi state but Dangote fraudulently in connection with past Governor(s) claimed 100%....

What Bello is asking is the 10% stake that belongs to Kogi aside poor CSR and the mining of coal from Kogi state for his other factories all over Nigeria.

Kogi state is largely responsible for Dangote's wealth but just normal statutory CSR and Kogi State's stake e no wan pay, what a greedy monopolistic capitalist.

https://www.youtube.com/watch?v=iW0dJ2LKp7I
This Abuja-based Professional Escort has accused all Nigerian girls of having a call-girl (olosho) mentality in this revealing interview.

Do you agree with her?

ecolime:
My home governor is Sanwo Olu while my current state governor is Wike.

You wanna compare the achievements of either of these guys to Bello? Not in this lifetime

I have friends that live/work in Kogi and this is a first hand information. Which state government goes about closing businesses and giving them arbitrary fines? It's wrong bro.

Like I said earlier, I am not taking side with Dangote. My comment was borne out of current wrongs of the state against businesses.

Hahahahaha...
Wonderful Governors I must admit. Now, Compare Rivers/Lagos resources and Match with the achievements of the state and do same with Kogi.

ecolime:
I don't know this Dangote story but trust me, Yeye Bello's administration is the worst any state has seen.

No development, quality of life-zero, etc.

Ever since the fool shamelessly crashed out of APC Presidential candidate race, all he does is close up Shops, Banks, Pharmacies, Companies, etc. for Phantom tax evasion.

He's aggressively looking for ways to mop up money to compensate for his financial losses at the primaries. He knows he is dead Politically after 2023, so he needs to find sendforth money by all means.

His state is almost completely submerged under water yet he and his wife are gallivanting Abuja.

Accidental governor

I bet you just feed off the negative PR on Bello, I also bet your Governor can't stand Bello's achievements. Please open your mind, don't be enslaved by bitter hatred and propaganda.

Mind you, Bello is in Lokoja.

Atarakpa:
Bello would have be the worst thing to happen to Nigeria if he accidentally win presidential election. When he was busy wasting the state money in the name of youth mobilization across the country. I called a good friend of and complain. Which investor is willing or ready to invest in that again. Imagine Nigeria having state police oh my God.......

My friend think very well before you put out your opinion..... so investors will come to your state and acquire your assets illegally, won't pay bills and won't honor invitations and summons? Na investor be dat abi a thief.

You might not like Bello, and I won't join issues with you on that, but please show me a state that is more accommodating to recalcitrant investors than Kogi.

kerry57:
There is more to this whole thing than we the spectators know.
Yahaya Bello, why is it now that ur tenure is ending that u suddenly realized that the company was acquired illegally?
I am more than 95 percent sure that u can't finish this fight and at the same time u can't win it.
Out of all the problems in ur state, Dangote cement is ur no one problem? Do u know how many families that u want to take off their table during this ur temporary madness.
Lastly, can kogi state govt effectively manage the factory?
Collect ur tax in peace, I support that and forget about collecting Dangote factory. Na elephant dream be that.

Are you from Kogi? How well do you know the story apart from the jargon you put here? Yahaya Bello have been fighting this course since day 1., since Dangote remained adamant he has to go this way. I advise you do thorough research before making comments on issues please

The fight is not even about taxes or levies or the atrocious lack of CSR as all of you are supposing - even though all join.

It is a fight for justice, and a claim for rights long and unlawfully denied. It is about ownership, about stolen shares or fraudulently withheld securities belonging to the Great People of Kogi State.

You see, the entity today known as Dangote Cement Plc via change of name at the Corporate Affairs Commission was formerly Obajana Cement Ltd - a company wholly founded and 100% owned by the Kogi State Government long before Dangote Cement Plc came into the State.

Even after the Federal Government of Obasanjo concessioned the mining rights to the conglomerate as core investor, Kogi State was recognized in the shareholding structure, having several commissioners on the Board in their official capacities, all representing the interests of the People.

Then one day, in and around the time of the change of name to Dangote Cement Plc, Kogi State disappeared from the new shareholding overnight. Even if you call it a merger or acquisition or even a chimera born of both, shouldn't the state's shares be adjusted, reflected in the new company's shareholdings and kept for her?

Abeg, those of you in legal practice and financial services, does a change of name at CAC, without more, extinguish shareholdings?

So, where are the shares? How does a State which started out as the founder and owner of a business enterprise, one sited in her domain to boot and whose operational footprints impact so heavily on her people and public resources, end up having nothing at all - without any due process of law?

I have personally visited CAC, SEC and NGX - no registration or filing of the statutory instruments for the sale, transfer or transmission of such shares.

With over 15 years of private legal practice under my belt at the time, and much of it in and around the CAC HQs at Abuja, I have personally pored through the several files of Obajana Cement Ltd cum Dangote Cement Plc (where they exist) at the CAC and those other entities named above - no sign that any form of extinction level corporate event known to our laws occurred to extinguish Kogi State's shareholdings and vest same in the Dangote conglomerate, by whatever way known.

I have conducted search at the Kogi State House of Assembly and scrutinized back resolutions dating way before 2016 when Yahaya Bello firdt became Governor of the Kogi State. Again, no sign that any form of extinction level legislative event by The House (which must, by law, approve such a deal) that is known to our laws occurred to extinguish Kogi State's shareholdings and vest same in the Dangote conglomerate, by whatever way known.

I cannot deny or affirm the suggestion that one or two high-ranking officials of the Kogi State Government in the soulless past might have purportedly dealt with those shares in manners ultra vires their executive offices. Whether they did or did not, anyone relying on those actions, especially a mighty international conglomerate with an army of sharp and eagle-eyed lawyers and accountants, must have been dense to think they can get away with such unlawful wheeling and dealing.

Put simply, a house-boy cannot validly sell his master's shares or lands or similar assets without lawful authorisation, even if he is put in physical custody of the original documents - simply because the law is fixed on how title in those classes of assets can be properly alienated. And never be deceived, despite all the bravado and larger-than-life posturings, State Governors and their appointees are houseboys and housegirls to the people and the state where they hold sway.

In conclusion, Dangote Cement Plc is one of the most profitable companies in Africa, declaring hundreds of billions of naira annually as net profit. 'Net profit' means profit after payment of taxes and other outgoings to the national governments, state governments/other entitlees.

There is also no dispute that the cement factory at Obajana in Kogi State is her flagship and largest cash cow. Where then is the nearly 2 decades of combined dividends, rights issues and other earnings belonging to Kogi State?

For nearly 5 years now since these matters started coming to light under this Administration which is not interested in kickbacks, inducements or personal deals, Governor Yahaya Bello has gone about this dispute the gentleman's way.

He has met with all significant other top-notchers of the company - negotiating, demanding, courting and otherwise trying to recover what belongs to his people - all rebuffed.

Sometimes, when the noise threatens to become too public or some powers above intervene, the company donates something to some effort in the state that is NOTHING compared to what belongs to the state by right which is has been taken away from them.

What Kogi State has now said to Dangote Cement Plc is that nobody wants your charity, we just want our assets. Everything that has been stolen must be returned - good measure, pressed down and shaken together. Full stop.

Reportedly, Dangote has since brought in an army from above to reopen her factory, but that is expected when impunity is a known capitalist. But there is a saying from the South East of Nigeria:

'When the person holding aloft what belongs to a crying child becomes tired, he will be forced to bring down his arms and the child will take back his property.'

Let's watch and see.

Moses Okezie-Okafor

Source: https://m.facebook.com/story.php?story_fbid=pfbid0DzgmGP6gjwLHWVdyro8GEf72rdHJbQeEmhLQyg2GxsEjFJfW2zyUzFtiKVwVHbAFl&id=648669700

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