₦airaland Forum

Iyanmiris right now.

sparkle12345:
Believing GOD for a job

Ok, it's well.

iluvdonjazzy:
please am looking for Amaechi, did u help me see him.

Amaechi is busy Constructing world class Infrastructure in the Ministry of Transport.

Sai Amaechi the Lion of Rivers.

I Congratulate the Afonja's for showing the Igbo's, whose really the Boss. As for us in the North, the Igbo's know where we put them.

Unlimitk:
Hmm
I thank God for sw Nigeria
Its better to b a coward and have peace than to b fearless and have only death and destruction

If you think you've escaped Kidnappers by hidding in the West, the most dreaded Ritualist are all over the West hunting for their next victim.

Just be safe.

Igbo's Amaka.

Na their Job, this is the only thing they are good at. Bloody murderers.

iluvdonjazzy:
WICKED WIKE

Amaechi's god son.

UyaiIncomparabl:
LMAO! Guess I missed the whole fun. Queensekxy, you should've called me since na.
Marialavina, you've been noticed and I'll reply you in due time.

Victorian, I'll still come around like I promised. And when I come to your shop, you'll offer me a seat and a drink and we will discuss your frustrations further. That your uncle soldier should also be invited. Call your troops of police, I'll be anxiously waiting. I've finally exposed your ass, phew. I'm done trolling you.

You had serious business opportunities and calls but you kept replying my every message in seconds.

Old woman. I just pray a man finally comes to marry you off with your frustrations. Lol. Lying jackass. I'll still suck your boobs at last though.

Stop calling her Old woman, you self don dey old. No let that your thin Body decieve you. The two of una na evening Newspaper una be.

akinjojo1234:
She is just an attention seeker. Unfortunately she is past her prime, nobody has her time here

Correct guy, you reason well.

prince3009:
So this thing really pain you that you had to mention me twice?

Baby factory is better than throwing babies into the refuse dump and living them by riversides. Ask your olosho omoluabeasts ladies how far...

This one was in Ibadan...




This one in Ogun...



Only God knows the dustbin you were picked up from!

Kikikikikikiki, a victim of a baby Factory. Eyah, your people wicked Sha. As you dey so, you no know who your real parents are. Eyah, this must be the reason why you behave the way you do. Eyahhh, I dey feel sorry for you.

Here is are screenshots of Baby Factory victims that were saved by the Nigerian Police. Please look well, you might notice your real Mother amongst them.

victorian:
Thanks dear

Evening Newspaper. Upon all the excessive makeup, you still look old.

aishapmbtoto:
Mtcheew

Katon Kai.

prince3009:
Skull mining, cultism, hunger and sniper suicide is claiming more lives of southwasterners than fake drugs is killing South Easterners.

I hope you are not a product of Baby Factory? Cause 80% of the people in the East are products of Baby Factory.

You definitely sound like one.

prince3009:
Skull mining, cultism, hunger and sniper suicide is claiming more lives of southwasterners than fake drugs is killing South Easterners.

As you dey type this trash so, I know say na Lagos or North you dey base. The fear of your Rituals relatives, na em drive you comot from the East.

I dare you to go back to the East, if one of your Uncles or Your Brothers no use you for Rituals, call me bascard.

prince3009:
It is still safer than than your skull mining region! And by the way, it is "live" and not "leave"

Kikikikikikiki, e pain this Iyamiri Mai katon Kai. .
By the way, fake drugs that's produced in the East by your Brothers will soon wipe out your people from the Eastern Region.

Hmmm Igbo's, una no dey tire? In the East fathers are Killing Children, Children are killing their parents. They are competing in killing their immidiate Family members. All this is because, they want to make quick money.

As It is now, the East is the unsafest place to leave in Nigeria.

Etsyl:
Available

How long does the battery last? Please be sincere.

Stop this biased analysis. The South have beggers and Almajiri's too.

mekaboy:
Considering the number of Nigerians dangote trucks kills on a daily basis, do you think dangote would still be this rich if his trucks killed that much in America?

Considering the fake drugs Igbo's make and the Criminal sources of the wealth of most Igbo's, do you think any Nigerian base wealthy Igbo will be rich if it were in America?

Hmmmm, Igbo Pastor. Count me out.

authehighness:
politicians are nigeria biggest problem,nigeria need revoution,the only group that is capable to lead the revolution are the igbos,but the biafra war experience will not allow them,with this kind of mindset in our politicians no hope for nigeria

Which Igbo's, I hope you are not referring to this cowards.

Thehumanlloydl:
Another poor tribalist, RIP.

If I'm a tribalist, what is the Op?
Oya, open your legs. RIP.

Ratello:
THE FRAUDULENT NIGERIAN FORBES BILLIONAIRES.

Aliko Dangote
The fraudulent Nigerian Forbes billionaires are Alhaji Aliko Dangote and Femi Otedola, who also happen to be the largest economic saboteurs of the Nigerian economy.
It is an irony that these two billionaires who always struggle to be on the Forbes list of richest billionaires year after year, who strive to be the most celebrated Nigerian businessmen, are the most fraudulent, vicious and bigget economic saboteurs of the Nigerian economy.
President Buhari’s investigative searchlight should be directed at these two businessmen, the duo that are bleeding Nigeria’s economy dry.

The Genesis

Aliko Dangote used to be known as Aliko Gote, or “Aliko powder”. His mother was a daughter of the famously wealthy Kano merchant Dantata. His father was Alhaji Gote. He seems to have started off as a dealer in powder before suddenly moving to America. As a young dealer, he had sports cars, lived in an expensive house and lots of cash. His import-export business seems to have revolved between Brazil and the United States.
However, his ostentatious lifestyle soon caught the eyes of the American authorities — he received information that there was an interception of his consignment — so he blamed it on his junior brother Sani Gote and fled back to Nigeria.

Femi Otedola at this time was a notorious loan shark and gambler based in Surulere Lagos who started life in business by lending money at interest rates of 20–30 percent per month, knowing that debtors could never repay him. He would then confiscate and sell their collaterals at a premium.

Femi’s classmates from secondary school had all entered university, were working or had started some form of legitimate business, but Femi chose the ways of Shylock, extorting astronomous interest rates from victims and quickly moving on to sell their collaterals at the slightest delay, causing misery and financial damage to so many victims.

Their first billions

Aliko Gote, now living in Nigeria and running away from the laws of America, ran back to Nigeria and changed his name to Alhaji Aliko Dangote, adding the title Alhaji and adding Dan to Gote like his cousins, the Dantatas.
Femi Otedola, who seemed to have joined the Ogboni cult, now started wearing only white clothes and ran back to his father for cover, as many whose lives were ruined from his loan shark business were now after him.

In 1999, the Nigerian military handed over power to former General Olsegun Obasanjo, who had just emerged from prison. This moment became the duo’s golden moment. They became so close to Obasanjo that they became like his sons. A pact was reached between the three gladiators, to control the commodity business of Nigeria, and Aliko Dangote and Femi Otedola became Obasanjo’s fronts for this purpose. Aliko Dangote was to control cement, sugar, salt and rice, while Femi Otedola was to control the importation of refined petroleum products.

To make this arrangement into a cash machine for the three, the four Nigerian refineries that had a capacity of 445,000 barrels a day were totally neglected and left to rot. The power sector was purposely neglected so that 180 Nigerians would have to keep buying petrol and diesel to power their generators.

Enter the Nigerian customs and waivers

The duo of Aliko Dangote and Femi Otedola now put the top of the customs in their pockets. Moreover, presidential orders from above now stated that that the pair’s vessels should receive preferential treatment in docking and discharging goods while competitors’ vessels were to be delayed until any profits of the latter group were wiped out.
The next important instrument they used was pioneer tax status, whereby the duo were given tax-free status for so many years. During the same period, competitors’ applications were flatly rejected. The third advantage they got was the privatisation of state assets, which were sold to them at approximately 10 cents to the dollar. Aliko Dangote acquired Benue State Cement, Terminals, Nigerian Textiles, Nigerian Salt Company, a state-owned sugar company, Oshogbo Steel Mill and the NEPA fiber-optic transmission network. Femi Otedola acquired African Petroleum.

The duo then claimed to turn around these assets, but they did nothing other than call in auditors to ascertain the real value of these assets before calling Forbes to debut as the first Nigerian billionaires to grace the magazine’s rich list.

However, Aliko Dangote was one step ahead and moved to become the African king of waivers and duties. Nobody in African history has been given more waivers than Aliko Dangote and the single act of not paying custom duties made him not only the richest Nigerian but the riches African. Some conservative estimates put the custom import duties that were waived for Aliko Dangote at between $12–15 billion since 1999. There are cries of millions of Nigerians that Aliko Dangote should be made to return this money, as it is one of the biggest cases of corporate fraud in Nigeria and Africa.

President Buhari will need to open a special investigative panel to scrutinize Aliko Dangote’s businesses, as Nigeria can recover between $12 and $15 billion of waivers and unpaid taxes from this man alone.

One of President Obasanjo’s last acts of office of was to sell Nigeria’s largest refinery to the duo of Aliko Dangote and Femi Otedola for $761 million, approximately 10% of its real value. One of President Yar’Adua’s first acts of office was to cancel this fraudulent deal.

Upon learning the facts of the case, President Yar’Adua was reportedly filled with rage. Not only were the duo the biggest economic saboteurs in Nigeria, but they were paying PR consultants to build their image as intelligent and progressive businessmen in the Western media. Yar’Adua used the economic intelligence reports at hand to reverse many illegalities. He found out that Dangote had a monopoly in cement, sugar and pasta, claiming to be producing all these commodities locally, when, in reality, he was importing everything, fraudulently collecting import duty waivers and simply re-bagging the goods. At this point, President Yar’Adua lost any respect he had for Dangote.

The economic intelligence reports also showed how Femi Otedola and Aliko Dangote crushed their competitors by illegally using government agents to shut down the latter’s operations. They pressured banks to call in their competitors’ loans, used customs to delay the competitors’ consignments, underpay for state assets, avoided paying duties and taxes through their “pioneer” tax status, and even created their own “anti-corruption unit” to lock up business foes and friends who had fallen out of their favour.

The wickidness of this duo knew no limits and every real or perceived competitor was to be liquidated, their businesses shut down, thousands of workers were to lose their jobs and all the while Dangote and Otedola avoided paying billions of dollars worth of taxes and import duties.

The quarrel between the duo

President Obasanjo asked the duo to help raise money for elections and a deal was struck. The government’s oil earmarked for Nigerian industry was delivered to the oligarchs at extremely cheap rates and then sold at the prevailing world market price. Three million metric tons of fuel was sold to the duo at $59 and sold at $350. The duo thus made a profit of $299/mt or $873,000,000. Needless to say, Nigerian industry never received the cheap fuel that the government promised them and the state was robbed of $873 million.

Aliko Dangote did not have a house in Abuja and was found sleeping in Femi Otedola’s residence. His passion was sleeping with other people’s wives but, unknown to him, Femi’s passion was to secretly videotape others and use these tapes at the right time to blackmail his victims.

However, Aliko did not trust Femi and requested that their illegal profit of $873 million be paid to his younger brother, Sayyu Dantata’s, account. The money was paid into MRS account of BNP Paribas.

Femi now wanted some gas stations of his own and told Aliko Dangote that Chevron was planning to sell its gas stations in West Africa, under the Texaco banner, and that he would bid $200 million for the assets.

Aliko then instructed his younger brother to overbid for the gas stations, using up the entire $873million plus taking out a loan to make it look as if he had borrowed the money, but secretly splitting the proceeds of the sale with the sellers in an illegal kickbacks scheme.

Femi Otedola was outfoxed by Aliko Dangote and Femi went mad. The quarrel became one of the nastiest in Nigeria. Rarely had so much dirty linen been washed in public, forcing well-meaning Nigerians to intervene between the two as marriages were breaking up due to the revelations and circulations of video tapes of whose wives they were sleeping with.

In the wilderness

These were the facts observed by President Yar’Adua, which led him to immediately cancel many of the illegalities, such as the purchase of the refinery, reopening competitors’ factories, issuing import licenses to others and ordering an investigation into how many billions the duo owed in unpaid taxes and duties.

In addition to this, the duo was found to be Nigeria’s biggest debtors, owing banks billiosn of dollars. As Aliko Dangote did not want to pay the banks back, he pushed the business on his brother Sani Dangote, who took the heat for defaults (e.g. Dansa Juice).

Femi Otedola became the biggest defaulter of loans in Nigeria and his loans were passed on to AMCON as he could not repay back his loans. It was no longer business as usual for the former loan shark.

Femi rebranded his company from ZENON to FORTE OIL and went public, whilst Aliko Dangote also listed and went public. PR experts were hired to rewrite their stories and make them look good. In the stories, they were made to look like Western billionaires but, in reality, they were sinking in debt as they no longer had the ear of the President. Worse, the president was preparing to reveal to Nigerians that the two were the countries’ biggest economic enemies.

The duo found themselves in the political wilderness and Femi Otedola even admitted that he contemplated suicide as a way out. As they could no longer manipulate the President, they found a gentleman in the Vice President who would listen to them.

Then President Yar’Adua died and Goodluck Jonathan became President… and the duo sprang back to life once again.

Debt written off, waivers resuscitated

Femi Otedola now threw himself at the new President Goodluck Jonathan and pretended to be one of his best friends, but Jonathan has now realized that he had a Judas on his hands, as Dangote betrayed him at the last possible moment when he heard that the incumbent President had lost the elections to Muhammadu Buhari.

The Managing Director of AMCON was called by President Jonathan to write off most of Femi Otedola’s loans from Nigerian banks. In theory, Nigerian taxpayers’ money was used to pay back banks for private loans that Femi took and $1 billion was written off for Mr. Otedola in total. Immediately after this happened, Femi called his PR agents and had them relist him on the Forbes billionaires list and even went on to buy the GEREGU power station.

Mr. Dangote once again became the king of import duty waivers and unpaid taxes, and now started using the billions of dollars of waivers and unpaid taxes as equity to take more loans. Soon, he was announcing projects all over Africa ranging from cement plants to refinery and to a fertilizer plant.

In his typical fashion of wanting to monopolize all commodities, he announced projects that covered the entire national demand of Nigeria, getting the Minister of Trade to bans all imports from competitors. As a result, Dangote effectively supplied all the cement, sugar, salt, rice, petrol, diesel kerosene and pasta of Nigeria. What Nigerians did not realise was that his equity contribution for all these projects was simply the waivers for the import of these commodities that he was enjoying and the rest were loans that he took.

Aliko Dangote has not hidden his ambition that he wants to be the richest man in the world by 2017, when he turns 60 years old.

Given the way he robs Nigeria of billions of dollars of unpaid taxes each year, then uses this cash to monopolise commodity markets and push out any potential competitors, he could be in decent shape to reach this target if he manages to do the same in other African countries, where there is a general lack of strong antitrust laws.

Nevertheless, there is one man that has the power to stop Dangote in his tracks and this is President Buhari, following in the footsteps of the late President Yar’Adua.

There is hope for Nigeria if President Buhari investigates these two Nigerians, makes them repay the billions they stole from Nigeria and creates a level playing field for all Nigerians to succeed in business. Unfortunately this Buhari is not Yar'adua and can never be reliable to redress this anomaly.

Go and make your own money and stop hating. Yeye Igbo man. The thing just dey pain you say, no Igbo man has ever been mentioned by Forbes as a billionaire.

JasonScoolari:
Just watch how this case will be swept under their praying mat.

If this matter is not handled with all seriousness, you'll see massive deployment of my South West, South East and South South brother's to troubled states like Borno, Yobe, Zamfara, and Jigawa.

I was not surprised when I saw Dan Yakubu the Almajiri who was taken off the streets by Hajiya Fatima posted to an Oil rich Bayelsa state.

The scheme is no longer useful and I am strongly in support for it to be scrapped OR better still, everyone should serve in his/her father's compound.

IPOB, the NYSC has come to stay. So deal with it.

ZaraGift:
All the drugs that come from Yoruba land are fake, Yoruba people do fake drugs all over Nigeria, even their traditional medicine is from fake source, more than 98% of Yoruba drugs don't have licenses of doing medicine, Yoruba people should stop selling fake drugs from fake source to Nigerians, only ignoramus buy medicine in bottle without label

May God punish all fake drugs manufacturers, may I here you say "Amen".

See your Brothers at work. There are thousands of his type all over the East.

dreamwords:
Bighead9 I no tell you
Afonja's are ritualist

Check the Ritualist very well. He must be half Yoruba and half Igbo. Check also, the shape of his head. You will realize that he's not a pure Yoruba.

NAFDAC should go and sit down. We all know that, most of the drugs that comes from the East are fake. Igbo's manufacture and sell fake drugs.

thefarr:
Or you just learn some basic "kazeemery",like I did. Saves me a lot!

Me too. I normally do some minor repairs on my E46 all by myself. I recently changed the rear shocks all by myself. It took me less than 30 minutes.

Igbo Pastors and LIES are like Bread and Butter.

I'm from North but I must admit that, this Miyeti Allah's Boss must be drunk in Burkutu. Is the North the only Region that exist in this Country? After Buhari's second term, power must go to the South. I suggest the power should go to the South South Region.

[quote author=Thiwhy post=77869608][/quote]Is this a baby walker, how much is it?