Politics › Re: Funny Throwback Of Nyesom Wike [VIDEO] by Armaggedon: 1:07pm On Oct 08, 2024 |
He aptly described himself |
Education › Re: 2021 Waec Performance By Zone - Public Schools by Armaggedon: 6:09am On Oct 08, 2024 |
Anioma state should hasten and join SE the land of wimners. If you remove Lagos performance proped up mainly by Igbos, southwest will have the worst performance. |
Christianity Etc › Re: CAN Directs Lord’s Chosen To Vet Testimonies Before Presentation by Armaggedon: 8:20am On Oct 06, 2024 |
femi4: Freedom of worship doesn't translate to permission to tell lies the constitution does not give you the right to police conscience, Mr righteous! |
Christianity Etc › Re: CAN Directs Lord’s Chosen To Vet Testimonies Before Presentation by Armaggedon: 8:39pm On Oct 05, 2024*. Modified: 7:28am On Oct 06, 2024 |
So CAN now run his ministry with him?
I notice some loafers quoting me claiming sanity. If you all were sane, you won't be citizens of the worst country in the world. There is something called freedom of worship and it must be upheld provided it's peaceful no matter how awkward it may seem. |
Politics › Re: NBA Reacts To Police’s Decision Not To Provide Security For Rivers LGA Election by Armaggedon: 7:11am On Oct 05, 2024 |
helinues: So the court is now useless?
Some of you just don't know nada about how things work the type of court order during June 12? This is why I laugh when the likes of Tinubu criticize IBB. |
Politics › Re: Gov Fubara Storms Rsiec Office , Foils Alleged Plot To Cart Away Election Papers by Armaggedon: 8:11am On Oct 04, 2024 |
Tinubu empowering wike to distabilize Rivers state. He wants to turn Rivers to western region under awo Vs akintola era. |
Politics › They Told Me Opobo Is Not The Real Ijaw - Wike by Armaggedon(op): 10:16am On Sep 30, 2024 |
Wike during a reception by the Ijaw national Congress in Port Harcourt on Saturday confirmed that Ijaw people told him that opobo is not Ijaw when he wanted to choose fubara. According to him
“They said why should I bring an Opobo man that Opobo is not the real Ijaw. Now food is ready and Opobo has become the real Ijaw. This is leadership of the stomach”.
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Politics › Re: Enemies Of Rivers Will Be Shamed – Fubara's Wife, Valerie Declares by Armaggedon: 10:59pm On Sep 27, 2024 |
She is speaking aminadokiari language |
Politics › Re: 77 Communities In Anambra Have No Public Schools – Soludo by Armaggedon: 7:27pm On Sep 27, 2024 |
Abagworo: Anambra has mostly mission schools in every community for those that lack the info. What Soludo said is that they need public schools as alternative. The danger of public schools is that just like everything Government it will not be sustainable sustainable kwa? Who are the ones sustaining the mission schools? I have always said it that the hand over of schools to mission while the mission control government teachers is controversial. The management structure must be clearly spelt out. Mission press teachers too hard but careless about remuneration. |
Politics › Re: 77 Communities In Anambra Have No Public Schools – Soludo by Armaggedon: 7:43am On Sep 27, 2024 |
Flame333: Government is continuity..
When you first contest, you promised to transform Anambra to Dubai
This is why they voted you to make your own impact.. at least you agree he is doing what he was voted to do. Only a man of integrity and a patriot does that. |
Politics › Re: New Anambra Government House & Lodge Now On Final Stage(video& Photos) by Armaggedon: 6:32am On Sep 26, 2024 |
MEEVEET: State Secretariat is important for government to function.. Very important the comfort for civil servants
Government house is not important to Anambra right now... I don't even see the need for government houses honestly Peter Obi was vision less that's why he never bothered to COMPLETE a government House that has been under construction for more than 20 years. Instead, he went to Isiagu to flag off another one and obiano followed his footsteps. It took soludo to remember this ziks place started by Mbadinuju instead of wasting government funds on a new one. Peter Obi's secretariat barely contains half of the civil servants. So I wonder what's so special there. |
Travel › Re: Good Roads: Top 10 States In Nigeria by Armaggedon: 6:10am On Sep 26, 2024 |
You started by saying good road network and ended by saying good roads which ain't the same. |
TV/Movies › Re: Statistics Of Nollywood Movie Director By Gross Value For 2024 by Armaggedon: 6:07am On Sep 26, 2024 |
LegendHero: Give us numbers and give me the link to verify. All this big grammar you dey yarn means nothing.
YouTube is not only movies, you have lot of skit makers doing stuffs and even ordinary person without talent can amass YouTube view. Thats not what we are saying.
If in the YouTube movie industry, you have the highest gross movie and you have the numbers of naira earned, share us the link or leave this argument and come back when you have data.
Abeg no waste my time. you are totally ignorant of how the movie industry works. Majority of nollywood movies are premiered on YouTube. YouTube even has a premium where you pay to watch. Most Nigerians abroad even prefer watching nollywood movies on YouTube than Netflix. That's why Amazon prime announced they're packing up. YouTube and cable TV will never tell you how much each movie makes per view. Until YouTube tells us the gross earnings per nollywood movie and cable TV also do so, never use Netflix and cinema gross earnings to judge the entire nollywood. It's misleading. |
TV/Movies › Re: Statistics Of Nollywood Movie Director By Gross Value For 2024 by Armaggedon: 11:49pm On Sep 25, 2024 |
LegendHero: Okay how much did Funke made. Please tell us.
I also want to shame the box office for lying. I am waiting. you made a claim without evidence and I bursted you, you're asking me how much she made. Show me any proof she made a net profit of 2.2 billion naira for a movie. Una too lie. Any "gross" means total amount made before expenditure and tax deductions, and for movie it may also include the deduction of the share of the distributor. In this case cinema company or Netflix. Producers only get a percentage of movie "gross" earnings. |
TV/Movies › Re: Statistics Of Nollywood Movie Director By Gross Value For 2024 by Armaggedon: 11:46pm On Sep 25, 2024 |
LegendHero: So tell us the movies you think are grossing numbers on YouTube and cableTV including box office.
It shouldn’t be that hard you know? cable TV either buy your movie one-off or produce their own. If you want to know how a cable TV movie "grossed" then you'll have to determine the money such a channel generated in running the movie which also includes the amount generated by ads shown in the movie. This also applys to YouTube. Some nollywood movies on YouTube amass tens of millions of views add the amount YouTube made from them and the amount from ads, you'll get what they grossed. While no channel will reveal that, you'll agree that will be running into a billion for a known channel like ROK or known YouTube channel compared to miserly 200 million naira you celebrate. |
TV/Movies › Re: Statistics Of Nollywood Movie Director By Gross Value For 2024 by Armaggedon: 11:27pm On Sep 25, 2024 |
LegendHero: It’s not celebration of nothingness, it is celebration of value.
Funke made 2.2bn on one movie and that’s equivalent to almost what Abia state generate in IGR in 1 month. Thats a whole state.
We are not there yet to be able to go head to head with Hollywood/Bollywood, but it is a matter of time.
Our musical artist are now selling out arenas and going head to head with American artists and Yoruba people made that happen in general.
Give us few more years, Nigeria movie will also be breaking bounds. The neccessary investment in film making is being done, we built film village and Lagos will complete one in few years to augment that. here we go again. Funky did not make any 2.2 billion naira. Either that lies turn you lots on or ignorance has made you a vulnerable pun in the game of self serving propaganda. Presenting a movie or any other product gross for that matter as producer's revenue is like mistaking a nation GDP for it's IGR simply because GDP is bigger. It was Ruth kadiri who made a billion naira from YouTube alone in 2023 without noise. People are leveraging these platforms to earn some bucks. But like they say, it's the empty containers that won't let us hear. |
TV/Movies › Re: Statistics Of Nollywood Movie Director By Gross Value For 2024 by Armaggedon: 11:11pm On Sep 25, 2024*. Modified: 11:55pm On Sep 25, 2024 |
LegendHero: Please tell us the true information with your sources taking statistics from Netflix movie grossing is like using the sales of akpu in jumia to generalize about the entire akpu market. You can't judge nollywood from Netflix when overwhelming majority of nollywood movies are on YouTube and cable TV. Ridiculously attempting to narrow down sample size has been used from time immemorial to manipulate statistical figures. |
TV/Movies › Re: Statistics Of Nollywood Movie Director By Gross Value For 2024 by Armaggedon: 10:40pm On Sep 25, 2024 |
Outright misinformation |
TV/Movies › Re: Francis Duru, Monalisa Chinda, Others In Cast List Of Stage Play "Nma Oha" by Armaggedon: 6:25pm On Sep 22, 2024 |
I thought Mona Lisa is an Ikwerre woman from Benin?  |
Education › Re: What ethnic group in Nigeria have the noisiest and most aggressive language? by Armaggedon: 8:02am On Sep 21, 2024 |
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, 2024 |
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Politics › Re: Breaking: Lagos Police Arrest Two Men For Cocaine Trafficking by Armaggedon: 3:55pm On Sep 20, 2024 |
Ok |
Politics › Re: Statisense: North Dominates Kidnapping Cases, SW Safest Place In Nigeria by Armaggedon: 2:03pm On Sep 20, 2024 |
Coming from police. |
Education › Re: Statisense: Nigeria's Current Literacy Rate By Ethnicity/tribe (pics) by Armaggedon: 11:48am On Sep 20, 2024 |
Igbo is one of the most gender equal societies in the world. |
Education › Re: What ethnic group in Nigeria have the noisiest and most aggressive language? by Armaggedon: 6:44am On Sep 20, 2024*. Modified: 7:05am On Sep 20, 2024 |
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. |
Politics › Re: 10 States With Highest External Debt Service Costs In 2024 by Armaggedon: 5:56pm On Sep 10, 2024 |
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, 2024 |
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, 2024*. Modified: 3:16pm On Sep 05, 2024 |
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.
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Politics › Re: Top 10 Nigerian States With Highest External Debt Service Costs In 2024 by Armaggedon: 1:38pm On Sep 05, 2024 |
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. |
Politics › Re: Delta North Stakeholders Advocate The Creation Of Anioma by Armaggedon: 6:29am On Sep 04, 2024 |
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, 2024 |
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. |