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Politics › Re: PDP Vs APC: Picture Says It All by anonimi: 7:12pm On Nov 04, 2014 |
Keneking: The older ones have more maturity than these younger ones How old was Buhari when he was - Governor in 1975 (39 years ago) - Minister (Commissioner) in 1976 - Military DICTATOR in 1983 Are you saying he was NOT mature then and wants to come back and make the change of all the mess he caused at that time  Would give such a person a chance? It is noteworthy that General Muhammadu Buhar was governor of the North Eastern state, capital Maiduguri- the birthplace of Boko Haram terrorists for whom he has fervently asked for amnesty and who "trusted" him to be their negotiator in Saudi Arabia a few years ago  |
Business › Re: BUA Emulates Dangote By Reducing Cement Price To 1000NGN by anonimi: 6:31pm On Nov 04, 2014 |
Demdem: U earlier referred to competition between the telecoms that invariably brought down the price? Can u compare that competition to this so called "competition" or cooperation as one can call it? When did glo, mtn, econet sit down and jointly agrees on price the way these cement cartels are agreeing on price?] So YOUR problem, well defined, is that you THINK that these cement "cartels" must have "sat down" to reduce prices. Does that sound REASONABLE even to yourself  And how did you know that Glo, MTN, Econet did not sit down to "jointly agree" on reducing price? Okay, I get it, since they did not invite you to witness their sitting down to decide their prices (the way Dangote & BUA invited you this time around) then it did not happen  What a genius you are  |
Business › Re: BUA Emulates Dangote By Reducing Cement Price To 1000NGN by anonimi: 6:26pm On Nov 04, 2014 |
texazzpete: All these people that expect plaudits for slashing the price of cement that they already artificially inflated to milk Nigerians dry and retard the progress of millions of Nigerians.
Nothing has changed between January this year and now to warrant such an abrupt price slash...while still maintaining profitability. It is now clear that these guys have been deliberately hood winking Nigerians for years.
Smh Any wise business man hoodwinks customers to pay as much as he can obtain for his goods. Do you know of any reason why he should do otherwise  That is why a smart government such as the federal administration of Jonathan/Sambo consistently created the environment for COMPETITION to flourish thus reducing prices after a while due to increased production & supply.Simple enough  Below is something from two & a half years ago => Dangote’s Suit Against Ibeto Is Anti-competitive – FG. Tuesday, July 10, 2012
The Federal Government has described a lawsuit brought against Ibeto Cement Company by Dangote Cement as anti-competitive. In the suit, Dangote is seeking the withdrawal of an import waiver granted Chief Ibeto by the Federal government. The suit also seeks to have Ibeto Cement Company refund billions of Naira to the Federal Government as unpaid taxes and import duties.
Also named as defendants in the suit in which Dangote Cement is the plaintiff are subsidiaries of Ibeto: IBG Investment Limited, Derima Ventures Ltd; Federal Republic of Nigeria, Attorney General of the Federation, Federal Ministry of Finanace, Federal Ministry of Trade and Investment, Board of Customs and Excise, Federal Inland Revenue Service and Nigerian Ports Authority.
In the suit Dangote alleges that Ibeto and his co-defendants colluded to give Ibeto companies an unfair advantage by reducing his tax exposure on bulk cement imports to 5% only. Dangote claims this contravenes a presidential directive issued on July 8th 2010 which ordered importers to pay 20% import duty and 5% Value Added Tax.
The plaintiff asked the court to order the Federal Government to recover the duties and taxes owed by Ibeto and to obtain a further refund of N 7.8 billion paid the company by the government as a result of an earlier court judgement.
The Federal Government in its counter affidavit has asked the court to dismiss the suit stating Dangote's claims were "anti-competition and designed to control the entire cement industry and leave Nigerians at the mercy of the plaintiff's (Dangote's) price whims and caprices."
From: http://www.nigerianeye.com/2012/07/dangotes-suit-against-ibeto-is-anti.html |
Business › Re: BUA Emulates Dangote By Reducing Cement Price To 1000NGN by anonimi: 6:18pm On Nov 04, 2014 |
Demdem:
I see no competition, instead what I see is a cartel. Cement shouldn't be more than N500. Person stop you from producing cement to sell at N500  |
Business › Re: BUA Emulates Dangote By Reducing Cement Price To 1000NGN by anonimi: 6:17pm On Nov 04, 2014*. Modified: 6:43pm On Nov 04, 2014 |
hybeenoni: So surprised hw sm Nigerians easily fall 4 quick political gimmick. Hv u guys bothered asking urselves y this sudden reduction of cement prices few months to elections? Sudden agreement to ceasefire by bokoharams? R prices nt supposed to be determined by forces of demand and supply? Is it a mere coincidence dt Dangote and BUA suddenly realised the need to reduce cement prices to d same amount? I'm rilli surprised @ hw sm Nigerians r so easy to be deceived! Ceasefire with bokoharam  Boko Haram on rampage in Gombe, attacks police station November 4, 2014
From: https://www.premiumtimesng.com/news/top-news/170570-boko-haram-on-rampage-in-gombe-attacks-police-station.html Boko Haram Attacks Kogi Prison, Frees All lnmates 03 Nov 2014
From: http://www.thisdaylive.com/articles/boko-haram-attacks-kogi-prison-frees-all-lnmates/193105/ Shey na like that dem dey do for ceasefire ni? Abi you get am for another definition of ceasefire  What will we not hear from pessimists who want to spread their permanent state of sadness to others like Ebola  If you are a Christian I will advise you to remember the story of the Chief who said prices of food won't come down overnight when a town was besieged in the Bible. May that not be your portion- Amen |
Business › Re: BUA Emulates Dangote By Reducing Cement Price To 1000NGN by anonimi: 5:54pm On Nov 04, 2014 |
This guy got the scenario very correct on the thread about Dangote slashing prices to N1,000 biodunid: We can expect this to be a permanent shift and just the first salvo in the price war about to hit the industry. Dangote's Ibeshe plant phase 2 is about to come on stream with another 6mt per annum while BUA group is bringing fresh 3mt too. Other players are still ramping up production and we can expect at least 50% oversupply of the Nigerian market by the end of this current round of capacity expansions.
With oversupply and the govts not taking the bait on building concrete roads, the manufacturers can only use price to secure market share and, hopefully, stimulate demand. Other companies will react with their own pricing and ultimately the abnormal super profits the industry has enjoyed since Dangote came to the scene will normalise.
This single price move has wiped out about 50% of Dangote's 100% markup though we should expect that doubling Ibeshe's capacity and other moves like securing gas for all his plants and selling excess power production to the national grid will result in compensating economies of scale.
Bottom line: expect a significant moderation of Dangote Cement Plc' superlative profits, likely correction of the stock price and fewer collapsed buildings. This is what GOOD policies when applied consistently do- - improve the competition environment for greater investments, - more EMPLOYMENT, - increased disposable income - better standard of living for the people. |
Business › Re: BUA Emulates Dangote By Reducing Cement Price To 1000NGN by anonimi: 5:47pm On Nov 04, 2014*. Modified: 6:14pm On Nov 04, 2014 |
Bobbystanley: I love the competition.
I remember when the reduced fuel price to 65 naira a litre in 2011 and removed fuel subsidy in 2012 after they must have won the election. They are using Cement this time.After February 2015 come and quote me,Cement would be sold for #4,000 naira per bag.
Politicks! Is that what happened to SIM card prices and call rates when Glo came in to COMPETE with MTN, Airtel (ex-Econet) etc back then  How can we be so clueless and pessimistic  Yet another clueless slowpoke parading as a smart swagger-ful boss  ajalaolanr: Only fools will not see this as a PDP gimmick to warm the hearts of nigerians towards next years polls, Nigerians are the most gullible set of humans in the whole world, I swear down! which businessman will willingly reduce the cost of his products or services? I'm an economist and a financial expert at that,only forces of demand and supply determine prices in a genuine capitalist society, alas that is the opposite in Nigeria's case.
Asides that Cement in Nigeria is the most expensive in the world, the N1000 is the true value of that cement as you have gotten now!
This is a Trojan gift and as usual Nigerians will accept. PDP has been given us Trojan horses since 1999 and they do this when its towards election time as we are witnessing today!
Yet some people will praise GEJ , I pray he wins then Nigeria will plunder into more hunger , chaos and deprivation as never witnessed before.
Thank God I do not live there anymore! |
Politics › Re: #2015akwaibom Politics: Who Is Your Preferred Aspirant And Why? by anonimi: 2:28pm On Nov 04, 2014 |
nigerianvenom: what do u expect from a senator?to build roads? the federal poly ukana was as a result of ita enang's deed,sadly,akpabio influenced it to be sited in his home town.personally i have no problem about that Now this is what I am talking about as performance measurement. However if indeed it came via his senatorial lobbying he should also have been able to ensure it is "properly" located  |
Foreign Affairs › Re: Ghana Looks To IMF For Salvation As Cedi Falls By 40% by anonimi: 1:24pm On Nov 04, 2014*. Modified: 3:09pm On Nov 04, 2014 |
egift: 1 Ghana Cedi = 52 Naira  This information means absolutely NOTHING except to titillate the senses of those who are naive on economic issues. FYI => $1 = 113 Japanese Yen $1 = 165 NGN $1 = 3 Ghanaian Cedi |
Politics › Re: #2015akwaibom Politics: Who Is Your Preferred Aspirant And Why? by anonimi: 10:34am On Nov 04, 2014 |
ba7man: - The amount of Tap water he was able to provide. Na why you too dey like look for trouble when im dey sleep jejely.  You see as I nor talk that one sake of sey make I nor expose Fashola nyansh more, more  |
Politics › Re: List Of People That Have Demanded Boko Haram Amnesty by anonimi: 10:12am On Nov 04, 2014*. Modified: 10:41am On Nov 04, 2014 |
omenka: Jonathan offers Boko Haram Amnesty.
www.punchng.com/news/jonathan-declares-amnesty-for-boko-haram-members-minister/
Fools, suck on that. Goodnight. That report was dated May 2014 i.e. barely six months ago, right  For how long have the Boko Haram SYMPATHISERS listed by the OP being calling for amnesty? - 1 year - 2 years - 3 years etc Would you rather our president not listen to their YEARNINGS and pleas for mercy in order to show that he his willing to try ALL possible avenues, including war & amnesty to bring peace to our troubled land  |
Politics › Re: Fashola Blasts TAN, Says Jonathan Govt Has Nothing To Offer Nigerians by anonimi: 9:50am On Nov 04, 2014*. Modified: 10:54am On Nov 04, 2014 |
Permit me to put this in bullet points of sort for easy reading & understanding: erunz: The person that is more of an illiterate is you, if you have not gain anything for me I stay in Ketu and
- there is improved power of abt 15 hours a day. - In 2005 to travel to Benin is 8 hours but now is 4hrs. - Most of our rail lines are working, automobile industries now working. - Agricultural sector working, these and many more.
If only your paymaster could call on their foot soldiers to cease fire and also stop propaganda like what you are doing. Then Nigeria will be a safer place. And remember fashola have been constructing wempco road, a 1.8 kilometre road for about a year now. The truth is that Lastma will be taken off federal road, by fire by force |
Politics › Re: Fashola Blasts TAN, Says Jonathan Govt Has Nothing To Offer Nigerians by anonimi: 9:47am On Nov 04, 2014*. Modified: 10:35am On Nov 04, 2014 |
chamboy: I soo opening a thread for that shit This was what the supposedly informed man posted => Gbawe: @OP
Bro, it is now universal knowledge that SURE-P is SCAM-P in reality. This is why other world leaders resent GEJ immensely. They see a leader committing all manner of brazen scams against his own nation, and destroying the future of millions, simply so him and a few cronies and affiliates of government can continue to amass stupendous wealth at the expense of Nigeria.
If it is not fuel subsidy scam then it is the fraud called SURE-P or disgusting pension scam robbing the elderly who have paid their dues. We then move all the way to the nationally destructive 419 crony capitalism deceptively packaged as power privatisation yet only able to deliver darkness. This is merely a set of glorified fraudsters and common scammers parading as "leaders". Disgraceful. How much lower can a man get for the crumbs off the table of those who ra'pe ALL of us daily of the resources meant to provide the BASICS of modern life for our societies  |
Politics › Re: Fashola Blasts TAN, Says Jonathan Govt Has Nothing To Offer Nigerians by anonimi: 9:47am On Nov 04, 2014 |
double post. |
Politics › Re: Fashola Blasts TAN, Says Jonathan Govt Has Nothing To Offer Nigerians by anonimi: 8:40am On Nov 04, 2014 |
tit: Fashola go and find work for your LASTMA thugs. SURE-P has flushed them off federal roads in Lagos and I am sure they cannot meet any quota of bribery returns to you again. If you do not take care of them quick-quick you shall have a big riot in your hands. I thought Gbawe & co said SURE-P is a scam  |
Politics › Re: #2015akwaibom Politics: Who Is Your Preferred Aspirant And Why? by anonimi: 6:53am On Nov 04, 2014*. Modified: 7:08am On Nov 04, 2014 |
nigerianvenom: no,i still doubt.no senator from akwa ibom apart from udoma udo udoma has performed half as ita enang.infact u cant list five senators currently in nigeria without including ita boy When you say a lawmaker aka senator has performed, what is your yardstick  Could it be - the number of legislative bills he has sponsored to address issues of concern to his zone, - the number of federal projects he has attracted to the zone to create employment etc - the number of investors he has attracted to the zone to further create employment etc. or - the amount of 'free' money he dashes people in the zone |
Science/Technology › Re: Hp's New Desktop Will Change Computing Forever by anonimi: 8:52pm On Nov 03, 2014 |
AnodaIT: This people no go kill us
The next big thing is 3d input and output Do you mean make we no go kill ourselves - since God gave us grey matter just like them but we REFUSE to use it properly waiting for God to come down and help us. That won't happen!!! |
Properties › Re: Dangote Cement Now 1000 Naira Per Bag (Plus VAT) by anonimi: 11:01am On Nov 03, 2014*. Modified: 1:55pm On Nov 03, 2014 |
moneybag100: We enjoy #1000 for 4 months...and after february 2015 it goes back to #2000...lol...campaign strategy...Nigerians don wise pass those tricks now. Jonathan try again. Can you please educate those of us who don't know how Jonathan fixes the price of Dangote cement Are there any other businessmen whose prices are fixed by Jonathan for February 2015, maybe Glo, Nestle, Cadbury etc? Please feel free to add any other business I may have omitted  |
Politics › Re: ... by anonimi: 10:51am On Nov 03, 2014*. Modified: 1:55pm On Nov 03, 2014 |
acenazt: That Shoeless,Lying Abacha Award Giving Otueke JonaTan will go straight to jail as soon as Buhari is sworn to power. Can someone please remind us who said Abacha did not steal but parades himself as in_CORRUPTible old soldier  |
Adverts › Re: For Restaurants And Hotels Owners! by anonimi: 10:49am On Nov 03, 2014 |
Mintayo: Yes,it is,i hope you patronize us one soon Thinking about something in that line for (I hope near) future. My post was to take style bookmark your profile for reference if/when necessary  |
Business › Re: Differences Between An Entrepreneur And A Hustler by anonimi: 8:34am On Nov 03, 2014*. Modified: 9:20am On Nov 03, 2014 |
nigerianvenom: fact! depending on op's definition of a hustler. in our context,a hustler is one who strives hard to make ends meet but with sole purpose of achieving a future set goals. with the above been stated,its made to be understood that today's entrepreneur was yesterday's hustler.
Dangote hustle through d sales of sweet n biscuit in secondary school, then loan some cash from his uncle to start a cement business,but today he is a great entrepreneur (that's d spirit of a hustler).
most billionaires today,e.g innoson,mike adenuga,gabriel chukwuma,owner of peace mass transist among others were once hustlers but they are today's entrepreneur.
an entrepreneur must struggle at the beginning and that "beginning" is what we tag "hustle"
peace out Perhaps the distinction between a hustler and an entrepreneur is the manifest capacity to constantly reinvent himself and stay AHEAD of the game over the LONG run. The hustler essentially lives from day to day. Therefore one may conclude that while every entrepreneur is a hustler, NOT every hustler is an entrepreneur. So are you a hustler or an entrepreneur  |
Politics › Re: ALARM! Federal Govt Plans To Arrest Tambuwal by anonimi: 5:44am On Nov 03, 2014 |
ilugunboy: I hope it not true also.....but presently with the brazen manner they took away his security.....I can't take anything above this governemnt, the level of desperation is too intense and if care is not taken, it will only take one false step and everything will come crashing down.
I hope common sense will prevail.
Have a wonderful week ahead. I like to think that common sense will prevail as this Jonathan/Sambo administration is much different from the General Bully_Aminu of Ota's administration. How many impeachment of Speakers, Senate presidents, governors did we witness under OBJoke compared to this administration  How many "captured" elections organized by the federal INEC for PDP did we witness under OBJoke compared to this administration  Taking several things into consideration, this federal administration has increased our democratic space for greater INDEPENDENCE of its institutions, government arms and tiers, even in the face of unwarranted provocation. I will join others to continue encouraging that path of progress. Unfortunately we cannot say the same for our tin god governors and the state judiciary, legislature & SIECs as well as LGAS, or can we  Have a great week too. |
Politics › Re: NLC Spits Fire, Says ‘nothing Should Happen To Tambuwal’ by anonimi: 5:33am On Nov 03, 2014 |
sademola: The Nigeria Labour Congress, NLC, on Sunday warned the federal government and security agencies that they must ensure nothing happens to the Speaker of the House of Representatives, Aminu Tambuwal. The NLC gave the warning in a statement by its president, Abdulwahid Omar. Mr. Omar described the withdrawal of Mr. Tambuwal’s security details as “shameful, distasteful, unconstitutional and demonstrates our parochial sense of power and very little knowledge of history.” The Speaker’s security details were withdrawn by the police because he left Nigeria’s ruling Peoples Democratic Party, PDP, for the opposition All Progressives Congress, APC. I also join our NLC chief to "spit fire in saying nothing should happen to Tambuwal". I hope and I am almost certain that nothing untoward will happen to him while praying that his new associates in the Arewa People's Congress, APC who are drama queens & kings will not stage manage anything in that sense for public sympathy seeing as many of us are MUMUS. However does anyone know when the NLC chief will join us to spit fire on these legisLOOTERS who spend 25% of our budget (according to ex-CBN chief, now Emir SLS) and add nothing of value to the society while grudgingly agreeing to a miserable N18,000 minimum wage that is mostly not paid by states and even workers owed several months  |
Politics › Re: ALARM! Federal Govt Plans To Arrest Tambuwal by anonimi: 5:20am On Nov 03, 2014 |
ilugunboy: Let him arrest him, put him in handcuff and show him on prime time national television.....
This Presidency is on self destruct mission and wouldn't mind pulling the nation down. I doubt if the story is true as it will definitely be a bad move that creates undeserved pity for Tambuwal who will further exploit it to play victim instead of being properly seen as the lawless, law-breaking VILLAIN that he is.I will rather categorise the story from the SAUCE as one of those to unnecessarily heat up the polity for the benefit of whoever stands to benefit from such. |
Travel › Re: Ibeno Beach, Akwa-ibom: Longest Sand Beach In West Africa! (pix inside) by anonimi: 4:48am On Nov 03, 2014 |
Atouke: this is awesome Nigerian youths volunteering to keep their environment clean. Thanks Atouke for posting all these pictures from the SOFER website/blog. Are these not the same people in the beach cleaning picture I posted for which I was called a liar repeatedly by abes  abes: You are a liar.
You also claimed they are cleaning the beach here http://gehoa.com.gh/Image-Gallery.aspx
Do you admit you a liar now? It feels good to be vindicated even if na 1/3rd.  Hopefully it confirms my good intentions in scanning the internet to find and share pictures of Ibeno. |
Car Talk › Re: Toyota, 4 Other Auto Brands To Locate Assembly Plants In Ogun by anonimi: 8:22pm On Nov 02, 2014 |
mechanics: I just hope dat wen dey start advertising 4 job vacancy, dey won't start placing a wide margin 4 work experience, atleast IT experience shud b considered. Now is the time to research what type of vacancies they will advertise and the skills that will be required so you can quickly ACQUIRE the skills and certification to testify to possessing them. it is better to identify skills that build on what you already know to shorten your learning/apprenticeship time. If you wait till tomorrow it may be too LATE already! |
Sports › Re: Dolphins Vs Enyimba FC (1 - 1) On 2nd November 2014 by anonimi: 8:13pm On Nov 02, 2014 |
Nice to see a thread for one NPL match that runs into so many pages with almost 4,000 views. Great things can still happen to our country. |
Car Talk › Re: Toyota, 4 Other Auto Brands To Locate Assembly Plants In Ogun by anonimi: 7:33pm On Nov 02, 2014 |
ba7man: How
By providing uninterupted power supply??
By repairing South West roads??
What exactly did he do to provide an Enabling Environment for business?? By providing TAP water all over-
- Ogun STATE - Lagos STATE - Oyo STATE - Osun STATE - Ekiti STATELobatan  |
Politics › Re: Constitutional Loopholes To Blame Over Tambuwal’s Crisis – NBA President by anonimi: 6:19pm On Nov 02, 2014 |
Caseless: dont blame the pdp thugs; they are the product of poor education supplied/provided by d pdp-led govt overtime. How many states & LGAs are controlled by PDP where most NLers are from? |
Travel › Re: Ibeno Beach, Akwa-ibom: Longest Sand Beach In West Africa! (pix inside) by anonimi: 6:12pm On Nov 02, 2014 |
LaRoyalHighness: Bros.... Its a lie oooo! Thanks for nicely pointing out my error. |