₦airaland Forum

Qmerit:
God bless you my brother!
Some people just talk with their anus.
A professor of law!
A Senior Advocate of Nigeria (SAN)!
A former Lagos state Commissioner of justice/Antony General!
A current VP of Nigeria!
* some one with neco result/first degree fighting over N-power job would called him an errand boy!

Is that all? Nothing spectacular

zero8zero:
Nigerians are watching.

Fulanis are killing Nyamiri in Enugun & Abia


All those who are against Nigeria will fight and kill themselves.
Truth is mine*

stop trying to divert attention

By Tope Fayehun
— Nov 22, 2016 9:21 pm | Leave a comment
The Rotimi Akeredolu Media Team has described as “faceless” some organisations tagged a coalition of Odua self-determination groups working for the emergence of Olusola Oke of the Alliance for Democracy (AD) as the governor of Ondo State, saying they only exist in the minds of their sponsors for the promotion of ethnic politics.
It also said that the brand of politics being promoted by the groups represented a retrogressive step for the Yoruba people to take their pre-eminent roles in the political engineering of the country for national development.
The group had accused the candidate of the All Progressives Congress (APC), Rotimi Akeredolu, as the agent of “certain interests” opposed to the aspirations of Ondo people.
But reacting to the accusation contained in a press statement purportedly by the representatives of Oodua Peoples Congress, (OPC), Oodua Development Alternative, (ODA), Coalition of Oodua Nationalists, (CONA), Agbekoya and 10 other “shadowy groups purportedly drawn from the seven South West states” under the alleged aegis of Pan Yoruba Democratic Movement, (PAYDM), and signed by one Mr Oluwole Suleiman and and certain Akinola Omotoyinbo, Akeredolu said the groups must be impersonating the authentic pro-Yoruba organisations that had been consistent in their defence of the Yoruba cause.
According to Akeredolu media team, the groups that boasted that the battle to ensure victory for Oke will be waged with “vigour, determination and unrelenting spirit”, are the same groups that tried to sabotage the South West’s efforts to climb to national political limelight during President Goodluck Jonathan’s administration.
“It is interesting that OPC and its purported allies that led in the destruction of the posters of President Muhammadu Buhari and that of the Yoruba leader, Asiwaju Bola Ahmed Tinubu across Lagos State in aid of President Jonathan to win the 2015 presidential election, are the same groups that are now claiming to fight for ththe Yoruba people after they tried in vain to ensure Jonathan’s victory.
“Curiously, all these groups and their entire memberships claiming to fight for Ondo people are based in Lagos with all the characters purportedly leading the groups having no connection whatsoever with the aspirations of Ondo people,” the statement explained.
Describing the groups as “election merchants working for the right fees”, the statement noted that it was ridiculous for the group to brand Akeredolu as a front for certain anti-democratic interests opposed to the general aspirations of Ondo people after the senior lawyer contributed immensely to the development of the state and its Law Reform when he served as Ondo State Attorney General and Commissioner for Justice under the late Military Administrator, Anthony Onyearugbulem, among other roles he played to lift the state out of poverty.
It described the groups as agents of distabilisation and disintegration, warning Ondo people against “dangerous elements that swear their loyalty and solidarity to the highest bidders and make the loudest noise during elections to make money”.
The statement also faulted the group’s claim that Akeredolu had no blue print and that he ran away from Ondo State after losing 2012 governorship election.
“Akeredolu has a five-point development blue-print he is selling across the state and it is on record that of all the APC aspirants that contested in 2012, it was only Aketi Campaign Organisation that sustained its presence for four years in the state running the secretariat before the last September primary that produced Akeredolu because of his firm control of the party in the state,” the statement explained.
Lampooning the group for claiming that it resisted President Jonathan’s bid to impose a candidate on Lagos State in 2015 governorship election, the statement described the group as lacking integrity to defend Yoruba cause, explaining that it was on record that the same OPC and its allies were the willing tools in PDP’s hands that unleashed mayhem on Lagos, taking over the long stretch of Ikorodu Road in an orgy of violence in a pro-Jonathan protest to stop a Yoruba man, Prof Yemi Osinbajo, from becoming the Vice President of the Federal Republic of Nigeria in the last presidential election.
The statement also faulted the group’s claim over alleged fraud in NDDC’s failed projects, saying that instead of mischievously blaming another candidate for the fraud, questions should be directed at Oke, who as NDDC commissioner was accused in a petition of misappropriating N155m on alleged fake projects in a non-existent community known as Ubaeripato.
Urging Ondo people to beware of fake Awoists pretending to love them, the statement said Akeredolu was the most accountable and upright candidate with the vision, honesty and passion to take the state to the Promised Land.
http://linkis.com//8gTuY

the agitation is real, God bless Biafra

your opinion.

AntiIPOOP:
The problem is not from the rector, the problem is from the thug 'Fayose' . Recently, the pommo cutter was accused for spending millions to obtain that sh!tty Nwannedinamba Chieftaincy Title.

ipob yoots scaming afonjas. that is good

Lukay99:
Will you say the same thing if it was Buhari that ban a imported product just to promote locally produced product ?

ebonyi have invested in rice production and milling over a long time to arrive at this. Bubu has not invested in anything

CoolFreeday:
Nice one! The mentally of average Nigerian is an apology.
I met a guy in a shop recently and he was complaining that government that he grew up to know was that of "you chop I chop" but buhari is changing that. He was very bitter about it and that is the mentally of most Nigerians. its so unfortunate.

spare us this bulshyte please

ProudArewa:
even if dey conduct a re-run 2day between gej and pmb....pmb will still win because change is here to stay!

wake up. Buhari will not have the privilege of running against a weak opponent like GEJ in 2019

Sibrah:
Blind anti-Buhari posts couldn't stop him from becoming President so stop throwing weak jibes . . .

neither did it stop him from turning nigeria into a huge IDP camp

yorubas were banking on imaginary enemity between igbos and the north to continue enjoying national relevant they are not qualified for, what a myopic view. I love the way OUK was rejected as an ethnic lord, let him go to abuja and play the game there. Tinubu should leave regional base too if he does not want to die politically

FSBoperator:
Which fact?

Let me define FACT for you:

Fast Accurate Consice Truth


Where in this your paraga induced summation that is only believed in Iya Kudirat's Agbo sipping joint is there any truth?

You just sit in whatever dump and tell yourselves half truths and lies and then you assume your foolishness should be adopted as universal truth.

Sheer arrogating afonja educated illiterates who can't even think for themselves but require jaundiced opinionated editorials published by useless Lagos-Ibadan expressway media outlets that by the way are owned by your fetish politicians .


Yorubas are by far the most myopic, arrogating and least informed citizens of Nigeria .

A Mai Ruwa in Lagos knows Nigeria better than you educated illiterates who assume you know everything while you remain the most dense and gullible population .

chai, take it easy on these afonjas. the annoying part is how they arrogate the monopoly of knowledge to themselves while they remain the most ignorant on how things work in nigeria. Buhari that we all know and warned them, they say we are blinded by hate, now Tinubu who sold them for his political ego is being humiliated and they are singing a different tune

we are watching unfolding events, we don't care about words which can be deceiving

The worst part about Tonye's thread is that he wasted all his energy on the thread shouting IPOb yoot instead of defending what he wrote. This is how they predicted Trumps loss based on Ipod yoot and were shocked.

I repeat, ethnic solidarity will finally destroy Tinubu. That was what destroyed Awolowo and MKO. Obasanjo succeeded by avoiding it. It is sad that yoruba relevance at the national level was too short lived, despite allowing the north to terrible cheat the south at their desperation to taste national politics they are running back to ethnic politics in a very short time

koladebrainiac:
One thing about these yorubas is that they are smart in their political calculation. .
If they err,they will make sure they realign n still be relevant in politics.


Nb

Yoruba race thrive better in regionalism..


They understand each other.
One thing about them is that they are not jealous of other state of their kind.

Imagine despite the fact that Ogun takes front lead in their political leadership, they still love n respect each other.
If Yoruba can continue with this harmony,they can stick their middle fingers at Fed..


Who needs feds apart from allocations? ? Hian

Incase you trying to take my last shot at fed personal,its just a joke at unserious states who always. Wait for fed allocations before they can eat. All northern state-part of oil producing state some Eastern state n virtually all western states excluding lagos state n Ogun state.

Can someone now say F***k Fed epp?

and they must be sent back to their regional enclave where they have always been. the only reason they managed to come up to national was because because Buhari was "No No" for Igbos

The road is under construction, how can the driver be speeding on on uncompleted road??

Sabon Gari look so much like Igboland. despite being a northern islamic state and full of religious riots, igbos built up the places. so yoruba and their accomodation theory is a farce. Despite being half muslim yorubas can near igbo in Kano economy

kenny1313:
Rochas we know.......... Igbos are there own problem..... Given them Biafra we worsen there problem. They don't like to be controlled. Rochas is only the Igbo hope for Presidency but my brothers are trying by all means to bring him down.
Rochas we know.

most of you are not smart. The easiest way for ROchas to win is to distance himself from ethnic solidarity. This is why OBJ was able to become president without Yoruba support while Tinubu will never become president despite being a small god in SW.

They are here shouting hate hate but they insult Fayose everyday. Its simple, you Rochas me I Fayose you.

November 21, 2016 Kehinde Akinseinde-Jayeoba - Lagos Capital Market

For the fifth consecutive trading week, metrics of traded equities continued on a decline, as The NSE All-Share Index (ASI), Market Capitalisation, total volume and total value of equities traded all depreciated.



The ASI and Market Capitalisation both dropped this week by 2.42 percent to close at 25,537.54 points and N8.791 trillion respectively with the Year-to-Date return at 10.8 percent.



Similarly, turnover declined to 823.547 million shares from 2.847 billion shares transacted previous week.



According to market analysts at Cordros, last week’s performance was very disappointing, as trading closed negative in all five sessions.

“Once again, decline in the shares of high-capped stocks across consumer goods, cement, oil & gas and banking sectors was responsible for the huge loss,” the Cordros weekly report said.

Total value for the week exchanged in 11,634 deals stood at N5.444 billion in contrast to N7.420 billion obtained previously in 16,065 deals.

The sector indices also finished lower during the week with the exception of the NSE Insurance Index that appreciated by 0.49 percent while the NSE ASeM Index closed flat

As expected, the Financial Services Industry (measured by volume) led the activity chart with 616.999 million shares valued at N2.667 billion traded in 6,142 deals; thus contributing 74.92 percent and 49.00 per cent to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 47.741 million shares worth N43.735 million in 510 deals.

The third place was occupied by the Consumer Goods Industry with a turnover of 42.674 million shares worth N1.735 billion in 2,112 deals.

Trading in the Top Three Equities by volume were, Standard Alliance Insurance Plc, Diamond Bank Plc and FBN Holdings Plc. They accounted for 219.392 million shares worth N288.220 million in 1,026 deals, contributing 26.64 percent and 5.29 percent to the total equity turnover volume and value respectively.

In the course of the week, May & Baker Nigeria led nine other equities that appreciated in price lower than eighteen equities of the previous week. Forty-eight equities led by Forte Oil depreciated in price, higher than thirty-six (36) equities of the previous week, while one hundred and twenty-three (123) equities remained unchanged lower than one hundred and twenty-seven (127) equities recorded in the preceding week.

Also traded during the week were a total of 60 units of Exchange Traded Products (ETPs) valued at N537.00 executed in 11 deals, compared with a total of 5,080 units valued at N62,550.75 transacted last week in 17 deals.

A total of 6,871 units of Federal Government Bonds valued at N5.990 million were traded in 8 deals compared to a total of 73,694 units of Federal Government Bonds valued at N80.177 million transacted last week in 9 deals.

Analyst, however, see no end to the persistent lull in the Nigerian equities market as they predict further lose in the beginning of the week but a lift towards the end of the week.

According to analysts at Afrinvest, the pronouncement from the quarterly Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), scheduled for Monday and Tuesday, would be major drivers of the equities market in the week

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http://tribuneonlineng.com/equities-market-records-5-weeks-low-trend-2-42-wow/

By Goddy Egene

There are strong indications that the decision of Ashaka Cement Plc to voluntarily delist from the Nigerian Stock Exchange (NSE) may lead to exit of some other companies which are in violation of the NSE’s free float rule.

The NSE rule stipulates that listed companies maintain a minimum free float for the set standards under which they are listed in order to ensure that there is an orderly and liquid market for their securities. For instance, the free float requirement for companies on the Main Board is 20 per cent and 15 per cent for Alternative Securities Exchange Market (ASEM) companies.



However, some companies have free float deficiencies. Such companies have remained in the market due to waivers given to them by the NSE to comply. But Ashaka Cement disclosed last week it was delisting from the NSE and remained an unlisted public company. Shareholders of the company are expected to meet today to approve the proposal.

THISDAY checks showed that the decision of Ashaka Cement might have emboldened some of the companies which have free float deficiencies to also exit the NSE.

Some of the companies that have free float deficiencies are: Union Bank of Nigeria Plc, Capital Hotel Plc, Great Nigerian Insurance Plc, Chellerams Plc, Nigerian Ropes Plc, A.G Leventis Plc, Interlinked Technologies Plc, Transcorp Hotels Plc, Infinity Trust Mortgage Plc, Caverton Offshore Support Group Plc and African Paints Plc. While most of them are enjoying a period of grace to comply, Chellarams Plc has applied to migrate to the ASeM. On the other hand, Nigerian Ropes Plc has stated its intention to delist from the NSE.

Stockbrokers to some of the companies told THISDAY that the companies are only managing to stay on and are looking for any opportunity to exit.

“As you may know, remaining on the NSE is not an easy thing. It is costly and very rigorous to comply with the listing requirements. Although the companies would ordinarily want to remain listed given the benefits, the challenging operating environment is making it difficult for many of them,” a broker said.

The broker disclosed that the decision of Ashaka Cement to delist is being seen as an opportunity for some of the companies to also exit.

“I must tell you that some of the companies that are not doing as well as Ashaka Cement are thinking of following that exit route. They feel remaining on the NSE is expensive considering the fact that the economic headwinds are impacting negatively on their operations,” the broker said.

Directors of Ashaka Cement had explained that apart from the free float deficiency, neither the company nor any shareholders are benefiting from the continued listing as shareholders are not getting any exit opportunity and their investments have been locked up and they find it difficult to dispose of their shareholding. They added that the company is bearing unnecessary cost in complying with its listing obligations.
http://www.thisdaylive.com/index.php/2016/11/21/free-float-deficiency-more-companies-may-delist-from-nse/?utm_source=&utm_medium=twitter

By Peter Egwuatu OPERATORS and analysts in the financial market have warned the Federal Government against discouraging foreign investment in the country following the continuous drop in Foreign Portfolio Investment, FPI, which fell to N24.41 billion in the month of September this year. This warning is coming after the saga against MTN’s alleged illegal repatriation of money outside Nigeria without obtaining the regulatory mandate of a Certificate of Capital Importation (CCI). Figures from the NSE shows that monthly foreign inflows outpaced outflows as foreign inflows decreased by 29.65 per cent from N34.70 billion in August to N24.41 billion in September 2016. Foreign outflows also decreased by 10.21 per cent from N21.36 billion to N19.18 billion within the same period. It will be recalled that MTN and Airtel had indicated interest to list on the NSE once the economy improves and the Nigerian stock market remains attractive for both local and foreign investors. The capital market operators who welcome the interest of the telecommunications companies to list on the exchange have warned the federal government not to do anything that will jeopardise or discourage the entities that will list on exchange come next year. President of the Institute of Capital Market Registrars, Bayo Olugbemi: said: “ We need these companies on the exchange to boost our market. MTN is a big company and has invested significantly and makes huge returns to stakeholders. So government must do everything it can to encourage it to list in our country. We expect other telecoms players as well as major oil companies and the power sector to join the train.” Meanwhile, speaking a Financial Management Consultant, Mr. Bisi Ogunwale, said the furour generated by the regulatory discrepancies between the MTN believed to have employed over half a million Nigerians and injected about 3.5 per cent of the country’s Gross Domestic Product (GDP) may portend a negative picture to willing investors in the Nigerian economy. Ogunwale said the accusations against the telco were not solidified as the withdrawal by MTN didn’t appear to contravene the Nigerian Investment Promotion Council act and the Central Bank of Nigeria, CBN’s regulation. He said the government should rather check the efficiency of the regulatory measures of the CBN and necessary parties to avoid repelling foreign direct investors (FDIs). Ogunwale said: “Just when we thought we were getting out of undue interference from our government in the way businesses are run, the upper chamber of the national assembly on the 27th of September did this. First, the issue here for me is what exactly is the Senate out to achieve and why are they doing what they are doing? I’ve looked at everything they brought forward and the issue that MTN did not get CCI before repatriating money. What funds are we talking about, MTN’s claims they were repatriating funds that were meant to be profit or dividends being paid on importation of capitals they have done. I don’t see anything wrong in what they have done. For me I think it is just a witch hunt.”

Read more at: http://www.vanguardngr.com/2016/11/operators-warn-fg-against-decline-in-n24-4bn-fpi-in-september/?utm_source=&utm_medium=twitter

Blue3k:
My point is that his was involved in politics of state for the longest time. In one way or another. He didn't affect change in his own vicinity now you run to after 30 yrs of irrelevancy. Name his accomplishments please. All I see is rhetoric.

whatever achievement he may have as vice president, the credit goes to the president.

we must not make the mistake most nigerian states make by ignoring the hinterlands. we will keep average sized and economically viable towns at short distances from each other than an overcrowded city that create shanties. good one Umuchu

yomexp:
This is the same way they pushed GEJ out of asorock with their sycophancy

so buhari is no longer good and will be pushed out like jonathan?? So they are no longer pained Ipad election losers but now buhari's sycophants?? Lol

TheFreeOne:
I am neither a fan of these guys but I cant see Buhari winning a media war against Tinubu despite having the likes of Orji kalu (SUN NEWSPAPERS) in APC.

It's better they settled their differences cos I can't see either of them coming out unscathed if they continue on this part but unfortunately Buhari's salvo on ondo gubernatorial primaries is a death knell on any plausible dialogue to resolve pending issues.

However APC is a party of strange bedfellows so their present circumstance is not surprising to discerning individuals but how it's gonna end is what we are all waiting to see.

if buhari cant win in the media, EFCC and DSS will do the needful. Yorubas have always supported buhari's excesses so nobody will listen if they complain

PenSniper:
Their business is your problem, carry it on your head.

we are all nigerians at least for now, so its every nigerian's problem.

Blue3k:
Nigeria need to drain the swap. Atiku been in Government in various positions since the 1980s. He's hasn't done anything but point out obvious. He didn't effect any benefitial change to his state or country. Where does his state rank in anything.


I wonder why if he's from the affected area of Boko Haram he didn't speak out about this issue sooner?

"Let’s resolve to strictly enforce the law that makes primary and secondary education free and compulsory in this country so that every child stays in school until at least the age of 18. Let us expand vocational training in addition to improving our universities and polytechnics."

Where does his state rank in the stuff he mentioned. What's his record on funding, voting, and advcoating for this. Is it because he wants to be president he pretends to care.

"And we must no longer wait for socio-economic and political problems to fester for a long time before we tackle them, the way we routinely wait for small potholes on our roads to develop into huge gullies and death-traps before we try to fix them, if at all. That should be a critical lesson of this insurgency.
So let us take immediate steps to put our people to work. Let’s fix our roads, bridges and schools and other infrastructure."

What is this clown talking about. I know him being in government while the issues festered. Again where does his state rank in infastrure.

Sources:
https://en.m.wikipedia.org/wiki/Atiku_Abubakar

http://www.premiumtimesng.com/news/headlines/215770-atiku-counters-buhari-says-boko-haram-still-deadly-insurgency-far.html

what is your point. he was never the governor of his state

SW retreating into their usual regional politics. Funny part is that they supported federal might against other people.