Autos › Re: My Budget Is 10M. Please I Need Good Recommendations For A Car To Buy. by being(m): 10:25am On Oct 16, 2024 |
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Politics › Re: Obi Idea Of Borrowing Money To Save Money Doesn't Solve Anything. by being(m): 10:14am On Oct 16, 2024 |
Lols @richmond500, @mrvitalis.. I'm enjoying this your debate on the simplified version of Nigerian problem... So for more reality, the business is crude production... it has declined cos of lack of new investment by the oil coys(old wells are dying out), insecurity and policy inconsistency... we used to produce 2.1mbpd b4 buhari came in... he left it at 1.1mbpd.. another reason for revenue decline is oil price from over $100 in 2014 to aboutt $75 now.(beyond our control) mrvitalis: Tell me you don't know jack about business without telling me you don't know jack about business
How would u improve revenue without expanding business and how would u expand without borrowing |
Politics › Re: Obi Idea Of Borrowing Money To Save Money Doesn't Solve Anything. by being(m): 12:33am On Oct 16, 2024 |
Question: U re the eldest brother in a house of several children.. u have been away for a while and your immediate brother has been in charge of the family and business which brings in money.... U came back home to discover the business is not making half of the money it was making b4 and infact ur brother has borrowed heavily so that the family can maintain 60% of the previous lifestyle... he has borrowed so much that almost all the little revenue coming in is going to paying debt and so he keeps borrowing..
What do u do when u come back to take over? Do u stop borrowing, ensure all revenue goes to paying debt and STARVE the family to death? OR IMPROVE the business REVENUE, renegotiate debt payment terms and make sure that basic things are still provided the family while other kobo of income goes to paying debt... @richmond500, @mrvitalis |
Autos › Re: My Budget Is 10M. Please I Need Good Recommendations For A Car To Buy. by being(m): 1:12pm On Oct 15, 2024 |
buy top grade Nigerian used Camry 2013, 2014 for around 9-9.5m. |
Autos › Re: Please Help Me Choose Between These Three Cars by being(m): 9:57am On Oct 11, 2024 |
gofigurena: My friend has the RX, so it's not on my list at all. [left][/left] The Highlander don't come cheap from the 2020 model or so, which is around 25 million naira plus. what's wrong with the RX 2008 or highlander 2010? hop u know d MDX is an established fuel guzzler |
Education › Re: Look At How A Teacher Dressed In A US High School (photo) by being(m): 1:30pm On Oct 09, 2024 |
LoopyNigeria: This is the reason why you should embrace homeschooling for your kids, school = indoctrination. one reason not to be encouraged to japa.. |
Autos › Re: Please Help Me Choose Between These Three Cars by being(m): 9:01pm On Oct 05, 2024 |
what happen to Lexus RX 2009? What happen to highlander 2010? what happened to Venza? Do u just like to be spending money on maintaining unreliable cars? imagine thinking of buying a land rover? sho  |
Travel › Re: If Given 26 Million Naira; Stay Or Japa by being(m): 12:15pm On Oct 03, 2024 |
Godwin4444: but u are abroad where life is very hard right?
Y don't u relocate to Nigeria where it's easy according to u?
Maybe u are trying to b sarcastic though @tensazangetsu20 is just trying to be sarcastic.. don't mind him.. in his sarcasm, he is actually partly correct that a number of people find it harder abroad |
Politics › Re: Between Dangote And NNPCL Who Do Nigerians Believe? by being(m): 4:50pm On Sep 24, 2024*. Modified: 11:19am On Sep 26, 2024 |
Why must u belive any of them? U can come to d right conclusion yourself The important thing to note is landing cost of imported fuel is high like N1,100.. Dangote selling price is about N150 cheaper and of higher quality. . NNPC likely for corrupt reasons still want to keep importing fuel |
Jobs/Vacancies › Re: Please Oh How Are You All Coping With This Band A Electricity Tarrif by being(m): 2:52pm On Sep 24, 2024 |
Nelito1472: And na you vote Tinubu. Thunder never locate you, u dey complain. What for the real thunder with a touch of fire and lightening Lols.. u are just wicked |
Education › Re: How Do I Solve This Quantitative Please by being(m): 12:11am On Sep 20, 2024 |
Malcolm21: Someone kindly help please Multiply all and divide by 10.. uwc |
Travel › Re: Aerial Footage, Devastating Flood In Maiduguri by being(m): 8:56am On Sep 14, 2024 |
It baffles me nobody is talking about who is responsible for this... cos this is from a dam |
Politics › Re: ₦6.95 Trillion Trade Surplus Record Shows Nigeria’s Economy Doing Well – FG by being(m): 6:14am On Sep 13, 2024 |
There are 2 ways of interpreting the information... The true picture is that imports have dropped so much cos of high exchange rate.... |
Politics › Re: Barely 2 Years In Office, Tinubu's Staunch Supporter Becomes "Wailer" (DEBUNKED) by being(m): 6:11pm On Sep 09, 2024 |
EvilMerodack: Just one person
Not news worthy
Next! Shebi nah evil be ur name b4... |
Politics › Re: Nigerians Are Silent With Petrol At 897 by being(m): 11:09am On Sep 05, 2024 |
BreconHills: Why not reply to him with your logic and wisdom? He has laid out an economic argument - debunk it.
Can you sell any products below the cost price? If you can, tell us how it will be done and how you will continue funding it? And what are the cost elements? Do u realize we produce crude oil at about $35/bbl whereas intl price is around $75... so I ask again, what are the cost elements to locally refined petrol? |
Politics › Re: Breaking: 40 Percent Of Dollar � Demand Gone Forever, Dangote by being(m): 12:12am On Sep 05, 2024 |
40% dollar demand reduced...but he failed to talk about the reduction in dollar supply due to the crude that will not be exported but will be supplied in naira to the refinery |
Politics › Re: Malta N580: Dangote N897 by being(m): 12:07am On Sep 05, 2024*. Modified: 1:33pm On Sep 26, 2024 |
ednut1: well maybe he was expecting dangote price to be significantly lower and not need subsidy. But now reality don show. simple arithmetic shows that can't possibly be... the only savings in total cost for petrol refined locally is logistics costs of crude out and petrol into d country... that is prolly just some 10,12% savings on imported petrol landing cost |
Politics › Re: Nigerians Are Silent With Petrol At 897 by being(m): 11:41pm On Sep 04, 2024 |
DeLaRue: What should we do.
Dangote refinery can't sell to us below what it costs it to produce the petrol.
NNPC claims they are owing over $6 billion due in part to subsidy payments. Yet you want them to continue to pay subsidy so petrol price can be low.
If the country can no longer afford to pay subsidy, we need to face the reality that with the exception of the Arab nations, petrol is an expensive product in almost every country in the world.
In Niger Republic, Ghana and many other neighbouring countries, petrol sells for around N1300.
It is unrealistic to think petrol cam continue to sell for N600 here.
If we have to pay between N850 - N900 for Mr Dangote's petrol, we just have to manage it. Petrol is expensive cos of d exchange rate |
Career › Re: When We Say A Toilet Cleaner Abroad Is Better Than Bank Manager In Nigeria by being(m): 10:48am On Sep 03, 2024 |
Notfogotten: When we say a toilet cleaner in USA, Canada, UK, Australia is better than the manger of zenith bank, what we mean is that the toilet cleaner will never suffer what you are currently suffering in Nigeria.
Example include:
A. A toilet cleaner will never queue for fuel. B. A toilet cleaner is less likely to be kidnapped in those countries C. A toilet cleaner has 24/7 electricity. D. A toilet cleaner has access to excellent Medicare. E. A toilet cleaner is less likely exposed to armed robbers F. A toilet cleaner eats better food and fruits than your bank manager. G A toilet cleaner has access to good amenities H. A toilet cleaner may have his children schooling for free in primary and high school I. A toilet cleaner has a longer live expectancy than your bank manager in Nigeria. And what are the things a bank manager has in Nigeria that a toilet cleaner doesn't have abroad? |
Autos › Re: Perfect vintage classic Mercedes Benz 280SEL 1972 for sale by being(m): 10:02pm On Aug 29, 2024 |
This is a disservice to mankind... how can u put up a 52yo car for sale.. something u should b begging pple to come and pick... just imagine... or better still donate to a museum... this is just ridiculous... I mean this is Africa fGS.. not a land of crazy white fellows!! |
Romance › Re: My Fiancée's Family Is Insisting On Court Wedding by being(m): 12:53pm On Aug 29, 2024 |
What's so special about court marriage? Are u planning to elope after the marriage nii? Court marriage is what gives the most legal backing and protection to the marriage and to the woman.. If she is really the one you want to marry, I don't see any issues with it doing it b4 the trad and white wedding |
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Politics › Re: Lanre Laoshe Repays ₦1,200 Student Loan With ₦3.1 Million After 47 Years by being(m): 9:30am On Aug 28, 2024 |
immortalcrown: 1200 Naira in 1976 was 1,935 Dollars. That is 3,076,553.25 Naira today. U didn't consider naira or dollar inflation!! What 2k usd could buy in USA in 1980 is not the same it can buy now! He should be paying at least 12M |
Family › Re: Woman On Vacation During Husband's Funeral Apologizes For Her Absence(photos) by being(m): 1:52pm On Aug 27, 2024 |
U should.have just kept quiet rather than disturbing d airwaves.. CyrusVI:

From a normal(Philosophical) standpoint, she hasnt done anything wrong. The ex-husband is gone, why would u put your enjoyment on hold to honor a dead person that doesnt even know anything anymore
From a cultural POV, she's wrong.
Its why Our cultures and traditions should be followed even when they seem illogical to us. They may not really mean anything serious but they still do mean something serious
Therefore, Shes right and wrong and her apology is both needed and needless |
Politics › Re: Tinubu Appoints New Directors-General For DSS, NIA by being(m): 6:28pm On Aug 26, 2024 |
Racoon: Another round incompetent fellas based on tribalism and nepotism. Why can the DG DSS be a Bayelsa or Ijaw man? Must it be a Yoruba man. We at least thank God it's not a fulani herdsman.. though even with that we can only pray & hope that the fulani terrorism situation gets better |
Properties › Re: Cut Your House According To Your Blocks (see Photo) by being(m): 6:16pm On Aug 05, 2024 |
Manculated: This kind of house plenty for ogun state like kilode. No single graded or tarred roads in those neighborhood.
Massive poverty in the midst of riches. Sorry - which riches? |
Family › Re: This Is What A Loving Family Looks Like. by being(m): 2:38pm On Aug 03, 2024 |
englishmart: Before I collect money from my siblings, I need to write a 450-word proposal. That doesn't even guarantee anything. In this life, pray to have caring people around. U yourself are u caring ? |
Politics › Re: I Have The Solution To Nigeria Problem by being(m): 3:00pm On Jul 28, 2024 |
[quote author=raystar96 post=131181944][/quote]U are not aware that our crude production was about x2 10 yrs ago.. it was 2.2mbpd in 2014 and about 1.3 now. .. serious govt will try to get it back up to 2mbd to start with... there are many other exports that can be encouraged... there is also a lot of imported things especially food items that put pressure on fx that we can actually produce here.. the govt needs to find out how they can create policies and environment to make that happen.. |
Politics › Re: I Have The Solution To Nigeria Problem by being(m): 11:57pm On Jul 27, 2024 |
raystar96: At least I can think of something..you what can you think of U are just a comical character... I think I like your simple mindedness though. Lols Let me now help u a little - . dorm accounts are actually in banks so d fx is in d hands of d bank in reality.. FX price is determined by demand and supply at a particular time.. the way to drive it down is increase d dollar supply by creating more avenues for fx to be gained such as increasing crude exports and other exports |
Food › Re: Hardship: Kaduna Residents Abandon Yam As 100 Tubers Sell For N1m by being(m): 11:15pm On Jul 27, 2024 |
Zwooks: Be letting them deceive you. I'm with farmers and know all their extornist behaviors you don't know. Continue to fall like mugu Well... u should remember your secondary school economics that says the lower the supply or higher d demand, the higher the price! It's human behavior.. This is what makes crude oil price fluctuates -- change in demand & supply... For this yam situation, apart from insecurity expense, the supply has greatly reduced cos of lower number of farmers going to the farm cos of fulani bandits.. a reasonable govt solution to the problem should be to decisively deal with the banditry.. very straightforward a thing. When there is adequate supply, there won't be opportunity for any seller to increase price abnormally. |
Politics › Re: I Have The Solution To Nigeria Problem by being(m): 5:23pm On Jul 27, 2024 |
raystar96: Going with the economic downtime that the Nation is currently experiencing ,it is imperative to say that we should put religious and tribal sentiment aside to get it right as one.The Financial segment of the country should embark on ;
Policy Reform's On FX transaction In Nigeria
For no reason whatsoever should any body maintain a domiciliary account in Nigeria. Only the bank should be the sole custodian of FX in Nigeria.if this policy is effected ,our Naira would appreciate beyond measure. Joker of an human being.. before u put down any suggestion , u should think of why exactly it would work and why it may not work |
Business › Re: Senate Increases Banks’ Windfall Levy To 70% by being(m): 5:18pm On Jul 24, 2024 |
FreeStuffsNG: The Senate is perfectly in order.
The money doesn't belong to the banks!! It's money created by the CBN's unification of the forex in both official and parallel markets.
May God bless Nigeria for ever! Check my signature for free stuffs! What should happen to companies who suffered as a result of the policy-those who had fx losses..FMCGs like Cadbury, NB, Guinness... will they be given windfall grants ? |