₦airaland Forum

To be fair, this would be the few celebrity houses I've seen that is really classy!!

Linda Ikeji's banana island house and P Squares house at the time would be the others. Most other people load their houses with stuff, but no class and style.

We should ban this nonsense of spraying money!!!

The were a shadow of themselves in Brazil, but Spain look to have their MOJO back.

Spain is BACCCKKKK!!!

Seems Rhor is playing a "let them have possession game". In both games from the get go we surrendered possession to the opponents. If we played a proper attacking game, we could have beaten Serbia.

Or ball possession in close contact was poor. I think due to the pitch and ball. Every pass whizzed into feet kept bobbling up. Serbia also struggled, but not as much as we did.

And we missed Mikels calmness in the middle, and iheanachos ability to strike the ball properly from the edge of the box.

Even the typical strong defense was all over the place today.

Serbia have been decent, but nothing to write home about. The 2 goals were defensive errors in my view. The first in particular. Ball bobbed about at the feet of no less than 4 defenders before finding its way through.

Iwobi is too inconsistent. Good game today, won't even be able to control the ball the next.

But on his day, very useful to have, but I worry if he can deliver on a big stage like the world cup.

Toptipster:
No correct striker.. Useless igahlo see the chance u miss

That's rather unfair

Toptipster:
No correct striker.. Useless igahlo see the chance u miss

Thatsvtsthetbunfait5

Arsenalholic:
This ball bounces too much.

I wonder why world cup balls are always this horrible. Our boys can't trap them and string good passes together for a sustained period.

The team has got immense talent from back to front. Just need a lot of work on playing as a team!

I was going to say.... Both sides haven't really been on top of ball control in this match. Was wondering if it'd the ball or pitch. Maybe both

We really need creativity in our midfield.

Iwobi number 2

Too many players have added nothing to the match. Joel Obi number 1

Really poor quality game from us today!! Can't seem to keep the ball. Is it the pitch or what?

The size of breast in those two pictures don't look the same o. Are we sure it's the same chick??

Even if that were to be the case, it doesn't make him competent though, which is what we need more than anything else.

Does supermarket minced meat work instead of corned beef?

Does supermarket minced meat work instead of corned beef?

Story, story..... Story!!!

After 1 week, they are all back in their masters houses. If they even leave at all.

Moses no longer does anything remotely exciting. Just hugs the touch line and squares the ball from there.

biggerboyc:
madam, no dey comment without reading, its #90 not #90k.

And where will the money to repair come from?

It's a tokunbo though. Cos it says ML350. The old M class has migrated to GLE since 2016!

If the calculation shown is correct then perhaps all the negativity around it is misplaced. Meaning if you are living in your own house worth N60mln, you will only pay about N28k? That's not unreasonable at all!!

If I were Ambode, i'd use that money to build a solar+wind power plant for public infrastructure such as street lights.
N12bln ($35mln) should build at least a 25-35MW solar plant.

Doesn't that make more sense than spending N12bln on diesel that will be spent again the following years? Not even counting the environmental cost of 30,000 generators spewing out smoke and silently killing people.

Is it the same Expressway that now has houses and shops on the left and right and middle of the road?? Ok o. This would mean massive demolition. I hope the people there know that there is setback limit which has been contravened, so likely no or very little compensation. They shouldn't come and start shooting when it happens o.

benzmatic:
Typical Nigerians, they can never think of the common good whenever their bellies are involved. The government means well indeed! Is this the next best thing for this government to do? With the aggressive taxation policy the LASG is pursuing, what in real terms has it done for the inhabitants? Is it water or power supply? How many affordable housing units have they developed so far? When they build any infrastructure, they are always on the lookout to profit from the same, is this ideal public service? The Government means well indeed! We will be watching.

The problem is that most of those who pay it will never see the benefits.

Still too complicated in my view. It should simply have been CR*RR*MV.

This doesn’t look like a car that has just done 5000km. I suspect foul play!!!

Sweet looking car I must confess!!

Icon4s:
I am glad you have an idea of where I am coming from.

But let me clear this, no government gave anybody any Oil Block as a gift!

Do you know why they are regarded as a gift? Because of the cost of acquiring those blocks as compared to the huge revenues later recovered from them. This thing you guy think are gifts were worth hundreds of millions in Dollars.

Prio to the discovery of huge fields like Agbami, Bonga and Erha, the deep offshore were no go areas. No business man would want to invest his money where they knew there were several limitations ranging from lack of available detailed Geological data to Lack of technical expertise and experience among others.

The government had to give out those offshore blocks to potential investors at a cheaper price compared to those onshore as an incentive to attract them towards it and then which in turn will boost our Oil reserves. Which is a win-win scenario.

Let's even say (as you guys think) she was given the block for free. Do you know the amount of Capital investment (CAPEX) that will go into such a block before you will get to the stage of Drilling the first well? What if after spending so much and then drill wells and the wells are dry? And you say she has nothing to lose? Do you know how much it costs to even drill wells offshore?

Please if we don't know about certain issues let's ask questions before making comments

Folorunsho Alakija's story cannot be beneficial to every entrepreneur. It is for only those that understand the nitty gritty of the Oil business.

I would like to sit with her and share from her success story on that Oil Block.

In all likelihood she probably didn't pay any money for it from her own pocket. Knowing Nigeria and IBB, I am 100% sure it was simply ALLOCATED to her.

With respect to the Capex that you talk about, Chevron took all the risk to invest. The structure is Chevron invests and if they strike oil, chevron uses oil to repay themselves of the equity she ought to have provided upfront. Only when it is fully paid back in oil will she now begin to reap rewards. So the initial risk is 100% to chevron and 0% to her. It is a risk chevron would have been willing to take because of their huge size.

There is another block I know off owned by another shadow Nigerian company. They have aJV with a multinational oil company who has not yet decided whether to develop that block. Do you know that the IOC pays that company millions of dollars every year just to remain as partner even though no work is going on?

Another Nigerian billionaire oil and gas person adding no value.

ggoldmine:
While others made their wealth by doing something spectacular; cc Warren Buffett, Bill Gates, Jeff Besos, Jack Ma, Aliko Dangote, Mark Zuckerberg, she made hers by faith!…doing something unembellished and still competing with these men. Well, it's for those that have regards for her wealth Coz I don't. She doesn't even deserve to be counted among the richest women in Africa, a title she didn't work for. Imagine comparing her with the likes of Oprah Winfrey…naa, she doesn't deserve it.

I totally agree with you. Abroad billionaires are made because they created something - either a new product or service that millions bought, but in Nigeria billionaires are made because they have a friend in Aso rock!
Alakija owns no technology, likely owns no rig etc. She doesn't even have that many staff like a proper oil and gas company. All she did is to invite chevron to come and do all the work and then she takes her share.

For that purpose she doesn't have my respect and u wonder why people call her to talk on entrepreneurial matters. For her fashion label maybe, but for famfa oil and gas, there is nothing entrepreneurial there.