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Armaggedon's Posts

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TV/Movies / Re: Francis Duru, Monalisa Chinda, Others In Cast List Of Stage Play "Nma Oha" by Armaggedon: 6:25pm On Sep 22
I thought Mona Lisa is an Ikwerre woman from Benin? tongue

5 Likes

Education / Re: What ethnic group in Nigeria have the noisiest and most aggressive language? by Armaggedon: 8:02am On Sep 21
flystrategist:
It’s Interesting you decided to pick one of the easiest Igbo names to pronounce.
What about names like Ifeanyichukwu, Ebubedike, Chukwuemeka and compare it to Yoruba names like Adeola, Imole, Sunbo. I’m not here to prove that one language is superior to the other, and this thread is also unnecessary. Rather than appreciate what makes our cultures different, we are here being all childish.

I used the two names to highlight how high pitch vowels and double consonants can sound louder and less cute compared to low pitch.
Business / Re: PZ Cussons To Leave Nigeria, Aba Factory Faces Closure by Armaggedon: 5:50pm On Sep 20
Ezewuzie01:
Due to the harsh economic reality in Nigeria and insecurity which causes Monday sit at home especially in Abia state that hosts their soap and detergent unit, long-time multinational PZ cussons is finally leaving the country..

https://punchng.com/fx-crisis-pz-cussons-to-sell-nigeria-subsidiaries-others/
you will see hundred people waiting to buy the factory.

6 Likes 2 Shares

Politics / Re: Breaking: Lagos Police Arrest Two Men For Cocaine Trafficking by Armaggedon: 3:55pm On Sep 20
Ok
Politics / Re: Statisense: North Dominates Kidnapping Cases, SW Safest Place In Nigeria by Armaggedon: 2:03pm On Sep 20
Coming from police.
Education / Re: Statisense: Nigeria's Current Literacy Rate By Ethnicity/tribe (pics) by Armaggedon: 11:48am On Sep 20
Igbo is one of the most gender equal societies in the world.

9 Likes 3 Shares

Education / Re: What ethnic group in Nigeria have the noisiest and most aggressive language? by Armaggedon: 6:44am On Sep 20
Yoruba by far. Filled with high pitch vowels and double consonants which erodes tonal and phonetic efficiency in communication. Making it sound loud and aggressive. Hausa sounds better than Yoruba but can significantly affect your speech in another language such as English. Igbo sounds best because of its unique low pitch vowels and nasal sounds such as mm and nn and does not interfere in speaking other languages. This is why a native Igbo speaker can speak other languages like their natives.

Pronounce the two names "Nneoma and Aderibigbe" and you'll get what I mean.

7 Likes

Politics / Re: 10 States With Highest External Debt Service Costs In 2024 by Armaggedon: 5:56pm On Sep 10
casualobserver:


perhaps you should ask for a refund from your English teachers. The subject was about revenues and I said GDP is not that important (in the context of revenues) if you cannot extract revenues from the GDP. I will give 2 examples:

You are a state with many small holder 1-2 acre farms, your GDP is high but you cannot extract much taxes from them because they are poor farmers. If anything you are the one subsidizing them with fertiliser seeds etc.
Example 2: You are a state with high turnover companies that employ very few people. The company taxes from the huge turnover (GDP) go to the federal government all you get is income taxes but if they dont employ many people you dont get much. A good example of this is oil companies. A good example of this is Oil, you will be shocked to know that for every barrel of Oil a state producues that sells for $80, a state gets less than $3 as its 13% derivation share meanwhile Oil industry does not employ many people and the GDP of that state will read $80. 13% derivation is profit X 13%, crude oil profit = is price of crude - cost of production.

Learn to read properly!
The second scenario you gave is an abnormality in a federation. That is why people argue that GDP figures of subnationals are largely unreliable because of interlinking production processes. That said, it doesn't diminish the superiority of GDP as an economic measurement index. Rather you painted a picture of monkey dey work baboon dey chop.
Politics / Re: 10 States With Highest External Debt Service Costs In 2024 by Armaggedon: 2:34pm On Sep 10
casualobserver:


To start with your figures are wrong. As at 2022 the total GDP of the SW excluding Lagos was N18.4trllion and The 2 states you are referring to (Anambra and IMO) had a Combined GDP of N12.82T. Nothing would have changed in the last 2 years.

https://yourbudgit.com/wp-content/uploads/2022/10/2022-State-of-states_Official.pdf

https://en.wikipedia.org/wiki/List_of_Nigerian_states_by_GDP


You don’t provide services and infrastructure with GDP. You build infrastructure with taxes aka IGR. It is how much of that GDp translates into govt revenue that matters. The main source of state IGR is individual related taxes. Income tax, property taxes, sales tax etc that are dependent on the purchasing power and income level of your residents. If the quality and earning power of your residents is low, your IGR will be low. A lawyer will charge you 5% on a transaction whether your property is worth N500m or N10m. A lawyer in a state where properties are more in the N300m-N1B category will make more money than a lawyer in a state where his clients average property value is N10-50m…..same thing with state IGR. If it didn’t dey it didn’t dey! There are numerous employees inLagos (not businessmen, not employers, just regular professionals who are employees) who pay taxes in a year more than all of those people in your video combined!

Last word as it seems you want to degenerate this into the emotional. This started as a discussion between the perceived high indebtedness of Lagos V SE states with little or no debt. You are now trying to redefine this by bringing in the SW. This is not a tribal discussion this is a factual assessment of the realities of Nigeria. Resist your temptation to turn everything into a tribal war this missing the point. The SW states of Ondo Ekiti, Osun in particular are just as bad as the SE so rest! They are equally unattractive for quality professionals and businesses just like the SE and they suffers the same IGR conundrum.

Your ability to build infrastructure is a reflection of your revenue. Your revenue is a reflection of the financial quality of your residents. The quality of your residents is a reflection of the quality of your infrastucture…..back to square one! A state will remain in that poverty trap unless it borrows to build infrastructure to attract high quality businesses and the high quality tax payers to break the cycle. In the interim the states that are building infrastructure are leaving them behind and stealing their best residents to finance their development. If a poor state is waiting for IGR to develop, it will remain poor because you cannot afford quality infrastructure and as you finish one poor quality road or school, another is dilapidating so it is forever unattractive to high quality businesses and residents.

A state’s major source of revenue is income taxes and taxes related to individuals.

If you look at the stats, as at 2022 the SE states were falling behind. Your 2 high GDP state featured in the bottom half or at the bottom of almost every metric. Only Ebonyi regularly featured in the top half. Yet Ebonyi is no4 out of 5 in terms of GDP in the SE! This is not about GDP, it is about revenue. It’s no coincidence, expenditure is a function of revenue. Revenue is a function of quality of residents. Quality residents is a function of infrastructure.
SMH...which school did you attend? I l'd have allowed you to continue capping because it's good for your health but for truth sake. GDP is the most important economic measurement index. The greatest individual economic empowerment is employment. When someone gets a good job, whether self employment or paid job, majority of his life problem is solved. Also majority of the country's economic problems such as government IGR, crime, purchasing power etc will be solved. GDP determines all these not IGR. Infact, GDP determines IGR potential
and debt repayment capability. You keep talking of the ''earning power of the residents", how do residents earn? And you used legal services and real estate as examples. Are they not under service sector of the GDP? IGR is nothing compared to GDP especially is an age where most services and amenities is comercialized. Having high GDP with low revenue is a choice but having high revenue (from debt and excessive tax) with low GDP is a time bomb.
Politics / Re: $115 Million Operational Terminal Inaugurated At Onne Port by Armaggedon: 2:16pm On Sep 05
The inauguration took place on Wednesday at the Onne Port, where the Vice President was represented by his Personal Assistant on Subnational Infrastructure, Mr. Musaddiq Mustapha.
on a project of this magnitude.

8 Likes 1 Share

Politics / Re: Top 10 Nigerian States With Highest External Debt Service Costs In 2024 by Armaggedon: 1:38pm On Sep 05
pandax:


Thank God for Ekiti and Ondo States!, it would have been 6/6 for SW
those guys are something else. Ogun just incurred more debts with the Chinese firm seizing FG properties abroad.

1 Like

Politics / Re: Delta North Stakeholders Advocate The Creation Of Anioma by Armaggedon: 6:29am On Sep 04
Good. Thanks for bringing the true picture. What of Okowa?
Politics / Re: Dein Of Agbor Warns Against Grouping Anioma As South-East State by Armaggedon: 6:09am On Sep 04
chopnaira:

He endorsed Anioma state creation like most Ika people, but he is against having it in the SE.

2nd paragraph. 👇


Even Ned is already changing mouth, and saying it could also be in the South South.
can you show me anywhere in quotes where he rejected Anioma as southeast? That is how to recognize misinformation. The quoted words will be different from reported ones. Ned has always stated that Anioma can be in the south-east or south south for obvious reasons.

4 Likes

Politics / Re: Dein Of Agbor Warns Against Grouping Anioma As South-East State by Armaggedon: 5:51am On Sep 04
Codepain:

Everything is fake as long as it doesn't suit your interest.
Igbos are isolated even their kins don't want to be associated with the tribe
Igbophobia has blinded you. There is no part of the article where the dein of agbor mentioned south east in quotes.

20 Likes 4 Shares

Politics / Re: Dein Of Agbor Warns Against Grouping Anioma As South-East State by Armaggedon: 5:29am On Sep 04
Fake

11 Likes 1 Share

Politics / Re: Oyo Govt Reassures Residents Of Safety As Assailants Kill 10 In Saki by Armaggedon: 2:36pm On Sep 03
Unfortunately their indigenes are on nairaland scouting for negative bedroom news to share about Anambra and the East.
Politics / Re: Most Built Up States In Nigeria, 2020 by Armaggedon: 8:43pm On Sep 02
Some people will convulse

1 Like

Crime / Re: Kidnappers Kill Girl In Father’s Farm After Collecting Ransom In Ogun State by Armaggedon: 7:52pm On Sep 02
Onyeka will continue to remain "at large" for the simple reason that he doesn't exist.
Crime / Re: Man Removes His Wife's Eyes For Money Ritual In Abia (Photos) by Armaggedon: 1:29pm On Sep 02
Hasty conclusion
Politics / Re: New Leadership Tussle Cripples Ohanaeze As Wike Throws Weight by Armaggedon: 6:32am On Sep 02
Lol
Politics / Re: Indigenous Company, Starlink Global Accounts For 30.93% Of Non-Oil Exports by Armaggedon: 6:50pm On Sep 01
FreeStuffsNG:
Smh. Ignorance is bliss. I can't give you the education and teach you polite manners you should have received from home. Go and read about Starlink Global and its thousands of hectares of functional cash crops plantations now earning Nigeria hard earned forex up to over 30% of non-oil exports. Only empty barrels make the loudest noise.

I didn't put up the post to attract hatred from your ilk but to celebrate Nigeria and inspire those patriotic Nigerians out there to continue to give their best. In due season, they too shall reap blessings from the land if they don't give up. Starlink Global is our own and it reinforce the belief that only Nigerians can develop Nigeria!

May God bless Nigeria for ever!
yea. When you are caught you resort to insults.

25 Likes 3 Shares

Politics / Re: Indigenous Company, Starlink Global Accounts For 30.93% Of Non-Oil Exports by Armaggedon: 6:34pm On Sep 01
FreeStuffsNG:
I hope the naysayers can now see that Nigerian indigenous companies are the real deal! This little known company earns a revenue of over $1 billion annually from Nigeria.
The Founder is a High Chief from Ode Omu, Osun state. Silent achiever with no noise wink
you are ascribing export revenue to a marketing firm? This is how lunatics in the NBS put up deceptive statistics that service ethnic ego instead providing accurate national information.

39 Likes 3 Shares

Politics / Re: Unpopular Opinion: Africa Is Not Resource Rich. by Armaggedon: 5:31pm On Sep 01
Op is correct to a reasonable extent. It all boils down to the power of human resources and value addition. People who have the knowledge naturally rule over others. When you process and export, your currency gains, giving you economic leverage over foreign countries' natural resources. When you can afford to import cheap natural resources overseas, why exploiting your own if you have it. It makes economic sense to save it. When people say Africa is rich, it's more like saying African resources are cheap because of lack of skills to use them solve domestic problems.

1 Like

Politics / Re: Increase In Cost Of Healthy Diet according to regions in Nigeria— Over 10 Months by Armaggedon: 3:27pm On Sep 01
Ok
Politics / Re: Number Of Armed Robbery Cases In Nigeria — By Zone by Armaggedon: 12:51pm On Sep 01
Guestlander:
Most of the armed robbers and kidnappers in SW are from across the Niger.
you choose to believe this one when it favours you.

2 Likes

Politics / Re: "I Will Put Fire In Your States", Wike Warns PDP Governors by Armaggedon: 9:08pm On Aug 31
He is loosing the small grip he has on the party and frustration is setting in.

1 Like

Politics / Re: Miss Kwara Emerges Winner On Miss Universe Nigeria Online Vote Portal by Armaggedon: 5:44pm On Aug 31
opamoses1:
Voting has now concluded. Ufa Dania, representing Kwara State, has emerged as the winner of Miss Universe Nigeria Online vote. Congratulations to her!

Miss Chidimma Adetshina came 2nd.
unfortunately, it's the judges that will decide not votes.

2 Likes 1 Share

Foreign Affairs / Re: Ukraine Air Force Begin Massive Bombardment Of Russia Main City by Armaggedon: 8:27am On Aug 31
Russia air defence is a hoax because of a picture of a building on fire.
Education / Re: Student Loan Applications By State Of Origin by Armaggedon: 6:55am On Aug 31
It's a loan. Not everyone will apply.

3 Likes

Politics / Re: Professor Chinedum Nwajiuba Explains The Southeast/NELFUND Fiasco by Armaggedon: 7:07pm On Aug 30
You go explain tire
Politics / Re: Opinion Piece: On The House Of Reps’ Letter To Canada Govt! by Armaggedon: 5:06pm On Aug 30
They think that they'll be spared in an even of an ethnic crisis. They'll end up in disgrace.

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