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Politics › Re: Troops Destroy Massive Illegal Refinery In Delta State (photos) by COMPAQ(m): 10:03pm On Aug 24, 2023

slimfit1:
Someone is trying to do some cover up here, it's just unnecessary. We can learn from the local technique used to refine the crude common sense should tell us that.

Did we say we don't know what the technology for refining crude is? The point is that it is illegal. It's being done based on stolen crude from companies that invested millions of dollars to find it and extract it. If their business makes sense, why don't they buy the crude?

Not to talk of the environmental devastation. Did you look t the pictures? Just don't let me ever hear from your mouth that oil companies mess up your environment cost what these illegalbrefineries have done in last 5 years is more than oil companies have done in decades. There will be like 500 illegalbrefineries just like this all over the Niger delta polluting every single day.

Politics › Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by COMPAQ(m): 8:34am On Aug 23, 2023

mrvitalis:
Like I said making a micro economist CBN governor and minister of finance is a tragedy waiting to happen

Buhari did same at least they were humble to accept they didn't know took time before taking decisions

Now we have a bad combination of arrogance and ignorant people as heads of our CBN and finance ministers

my solution
Cutting money supply would harm the already struggling businesses ...so what to so

Pump money into key manufacturing sectors as low interest loans 10% max give them 8 months before Tenure starts

Make sure they are in this two areas 1) import substitution products 2) exportable products produced at below international market price

This would marke goods available to match money supply dragging down inflation creating jobs and increasing revenue for government

Note when I mean pump in money I don't mean 50billion 😂😂

I mean 5 trillion minimum

Cutting money supply will not harm serious business. The main reason we have inflation is due to the CBN ways and means monies of N20TRILLION+ that were shared in the name of TraderMoni, COVID palliatives, Elections, Farmers loans and many other CBN Intervention programs, not to mention those that went to absolutely nothing.

When money in circulation is being used for PRODUCTIVE activities, its not really a problem.

But when N20trl is floating around doing nothing, but just being spent on buying dollars buy those who stole it to keep abroad, what do you expect?

10 Likes 1 Share

Politics › Re: Wike To FCT Officials: Wahala Don Come, I Will Increase Your BP by COMPAQ(m): 7:42am On Aug 23, 2023

kerry57:
Mad man. Wike can't u act civilized for once? No forget say na hausa territory u dey enter Sha? E get why ooo. No say I no warn u Mr wahala.

Elrufai na there own, he can do and undo, say and unsay and no shaking. Hausas know their own and will always have their back.

They showed u a glimpse during PDP primary, e shock u, but u never learn.

This would have been a problem if the President was from the North, who they can run to complain. But not this time! Tinubu has broken the jinx by making sure that the Minister of FCT is not from the North, though he balanced that out by making the Minister of Niger Delta a Northerner (which makes much less sense for me as you need to know the topography and needs of the people. Abuja on the other hand is just infrastructure and administration)

2 Likes

Travel › Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by COMPAQ(m): 2:04pm On Aug 22, 2023

Wodu89:
Don't downgrade 6M. I'm sure you can't gift it out. With investment of 6M in ordinary polythene (nylon) retailing, after a year one would have made 300-500% ROI. The issues is people with capacity think some businesses are too dirty and do not think in the direction at all

6M can establish multiple pos centres

6M will setup multiple viewing centres

Drink depot's

Wholesale distributorship

Food joints or canteens

Pepper soup relaxation joint

Convenient stores

Etc

One can invest N6mln in those businesses and it will do well and someone else can do same and it will collapse. Success in business involves many factors such as:

knowledge of the business
commitment to the running of the business
location of the business
government policy
networks and connections
management skills
financial capacity

And many more.

But bottom line is that more companies and businesses seem to be closing/struggling than those opening/thriving. I see many properties that had a business there before advertising for rent because the company has shut down and no one takes the space for quite a while.

4 Likes

Career › Re: Low, Middle And High Income by COMPAQ(m): 4:31pm On Aug 21, 2023

Hope4Naja:
Hello, what is your opinion on the amount regarded as Low Income, Middle Income and High Income in Nigeria

Low Income (N30,000-N150,000)
Middle Income (N151,000-N400,000)
High Income (N401,000-N800,000)

I see anything above N800,000 as the elite class

This is a reasonable assessment.

Politics › Re: Nigeria Complex But Not Too Difficult To Manage – Tinubu by COMPAQ(m): 9:08am On Aug 18, 2023

TheRareGem1:
https://dailytrust.com/nigeria-complex-but-not-too-difficult-to-manage-tinubu/

I agree that is not too complex to manage, but inly if the President is 100%committed to doing the right things.

Only then will decision making be easy and swift, because you don't have to spend time dealing with the political vagaries of decision making that often times will put you in a lock jam because of varied interests.

I can tell you that if Tinubu hadn't made that subsidy pronouncement from day 1, there will be hundreds of political allies, etc that will encourage him not to do it now, wait till next year, then wait till 2025. Before you know it, nothing will be done.

Politics › Re: Nigerian Government Has ‘No Respect For Courts’ – Judge by COMPAQ(m): 9:04am On Aug 18, 2023

Islie:
“The prosecution has shown that they are not law abiding and have no respect for the court. The court cannot force them,” the judge said.

https://www.premiumtimesng.com/news/top-news/616550-nigerian-government-has-no-respect-for-court-judge.html

Do the courts have respect for themselves huh

Politics › Re: Leaked Memo: Bandits Planning To Attack Abuja-Kaduna Train Soon – DSS by COMPAQ(m): 11:15am On Aug 17, 2023

The Nigerian government is at fault for still relying on paper communication in this day and age.

Those who work for government should all have email that they can check on their office computers.

More senior officials like Directors of agencies etc should have official email on their phone as well.

Every person working for government should have security clearance from level 1 to 5. Level one being least classified like memo on office supplies and stationary etc that everyone can see, while level 5 is top classified , for your eyes only stuff like this.

And then this memo should have been sent soft copy, only accessible to those with level 5 clearance. The memo should have been sent encrypted. The encryption keys should be on the devices of only level 5 people who should see it.

We operate in this country as though we are in the stone age.
That new Minister of Communications and Technology should implement something like this.

Travel › Re: Nigerian Lady Compares Cost Of Living In Nigeria And The U.S. by COMPAQ(m): 7:08pm On Aug 16, 2023

toprealman:
Oga go and type your first paragraph on YouTube, use Canada, US and UK as case study. Come back here afterwards

No mind am. NHS in UK that has months and in some cases years of backlog in surgery for patients.

Better than Nigeria by far no doubt, but certainly not wonderland like he's painting it to be.

As for US don't even go there. It's the most medical expensive system in the developed world. Don't be confused by the movies you watch where they dial 911 and ambulance e shows up in 2 minutes. They don't tell you the bill that follows. If you call emergency services, the cost of that ambulance might be like $2k.

If you have insurance you might still pay copay of like $400

3 Likes

Travel › Re: Nigerian Lady Compares Cost Of Living In Nigeria And The U.S. by COMPAQ(m): 7:02pm On Aug 16, 2023

sonnie10:
Why are people like this? Where is lie in that?
$45 will get you about 13 gallons of petrol at $3.3 per liter. When converted to liters, 13 gallons is 49 liters.
How many small or mid size sedan takes more than 50 liter of petrol?

Are you joking? The fuel tank on a Camry is like 15gallons

Travel › Re: Nigerian Lady Compares Cost Of Living In Nigeria And The U.S. by COMPAQ(m): 7:00pm On Aug 16, 2023

Regex:
Health care treatment in USA is not free.

Not only is it not free, but it's probably the most expensive in the developed world.

Few months ago I fell down the steps in houston and broke a toe. Even with insurance I paid $900 out of pocket for a minor corrective surgery. If I didn't have insurance it might have cost like $3k

1 Like

Politics › Re: Presidential Panel To Exempt More Nigerians From Income Tax by COMPAQ(m): 4:00pm On Aug 16, 2023

Racoon:
After the tax reforms have choked the lives of the peasants or low income earners? The common man can breath again under this catastrophic political regime.

Any economy that majors mainly in consumption without production is bound to be doomed. Any economy grossly dependent on endless borrowing spree to regig the system is also bound to be doomed. This is because debt servicing is not debt payment.

Besides the end fact is the IGR is not and should be never be the index of economic growth assessment but the GDP and balance of trade. However, ours is compounded with the economic clueless and incompetent leaders whose obsession is what they can loot out from the system.

Absence of strong economic think tanks, lack of dynamic and feasible economic policy and sharp ability to detect when the economic indices are in the red then apply the necessary antidotes.

You have said a lot and also not said a lot.

Nigeria's GDP is small for its size to a large extent, but that is not the major problem, as we are still the largest in Africa and top 30 in the world.

The issue is that a lot of our economy is unstructured and informal, therefore it is impossible to effectively tax. For eg

carpenters
plumbers
vulcanisers
builders
painters
market women
taxi drivers

all make income but pay no income tax. Yes they may pay some form of indirect tax, but most of that doesn't even get to government.

Then there is even income made by people in the middle class such as:

landlords
event planners
musicians
comedians
make up artists etc

None of these folks pay taxes. Davido, WhizzKid etc probably pay zero taxes on all the billions they make.

Business › Re: Dollar Crashes To ₦790 At Parallel Market After Tinubu, CBN Governor’s Meeting by COMPAQ(m): 3:42pm On Aug 16, 2023

Islie:
https://dailytrust.com/after-tinubu-cbn-governors-meeting-dollar-crashes-to-n790-at-parallel-market/

Let's see how long before it goes back up again.!! I've been alive in Nigeria over 40years and I have never seen the Naira gain SUSTAINABLY in 40+years!!!

Politics › Re: Petrol In Nigeria Cheapest, Most Affordable In West Africa - Ajuri Ngelale by COMPAQ(m): 3:41pm On Aug 16, 2023

iwaeda:
***Assures no further hike in fuel price

https://punchng.com/subsidy-petrol-in-nigeria-cheapest-most-affordable-in-west-africa-presidency/

This is where NLC should swiftly respond and put out their own infographic on minimum wage and other relevant metrics in those same countries. NLC sef no sabi wettin dem dey do. No strategy to win hearts and minds of Nigerians sef.

That's why they struggle for support from the people, particularly the educated ones, because we can see that they don't even know what message they are selling.

The need a media and social media consultant

Celebrities › Re: Bobrisky At Late Father's Burial by COMPAQ(m): 3:37pm On Aug 16, 2023

newsblendanews:

https://www.youtube.com/watch?v=IY9V6j4KMto

Popular Nigerian crossdresser, Idris Okuneye, aka Bobrisky, has once again found himself on the spotlight after making an appearance on his father’s burial.

Bobrisky, whose father died in the wee hours of Monday morning and was subsequently buried according to Islamic rites at Ijebu-Igbo in Ogun state, was captured wearing a black outfit, covering his hair with a black scarf and also wearing a pair of dark sunglasses.

It is surprising to see that Nigerian crossdresser did not turn up for the burial in his usual make-up face as he always attend many events.

If Bobrisky is a Muslim, how come MURIC has nothing to say with respect to his cross dressing!?

If na ban of hijab in secondary schools now, MURIC go dey blow hot.

2 Likes

Autos › Re: Brand New 2022 Toyota Prado For Sale In Abuja by COMPAQ(m): 1:57pm On Aug 15, 2023

Dvyne777:
Brand New 2022
Toyota Prado for sale in abuja
Everything sharp
Going for 80m firm
Call or Whatsapp 08069934430

Toyota Nigeria Ltd is selling a brand new Prado 4.0litre engine for N77mln and yours is N80mln...!?

Celebrities › Re: Genevieve Nnaji, Oluchi And Their Friend Holiday In Italy by COMPAQ(m): 1:49pm On Aug 15, 2023

ExAngel007:
Actress Genevieve Nnaji, supermodel Oluchi and a friend of theirs, are currently holidaying in Italy.

Oluchi shared the photos on her Instagram page.

https://www.instagram.com/p/Cv5J11VKqc5/

For some strange reason, these pictures are giving me a lesbian vibe!!

2 Likes

Politics › Re: Diesel Price Hits N950/Litre, Manufacturers Fear Shutdowns, Job Losses by COMPAQ(m): 8:42am On Aug 15, 2023

Chummynoni:
You can’t have access to the $ because the rogues in government are stashing the money. Politicians should be aware because when it gets so unbearable, the poor would come for them and their families . With what I am seeing around, Nigeria is getting there , and the security meant to protect them will leave them to their fates.

We've been saying "the poor will go for the rich" for decades now!

meanwhile, more and more Nigerian politics is becoming a political monarchy, where politicians of old put their children and in-laws in the Senate and House of Reps to continue chopping as if its a family retirement home.

1 Like

Politics › Re: Diesel Price Hits N950/Litre, Manufacturers Fear Shutdowns, Job Losses by COMPAQ(m): 8:23am On Aug 15, 2023

adenigga:
Source: https://punchng.com/Diesel-price-hits-N950/litre-manufacturers-fear-shutdowns-job-losses

Its mainly due to the forex issue, even this article throws the VAT increase as the reason like 5 times and forex only 2 times.

If diesel was N650 and you apply 7.5%VAT, then this is only N698!!

Having said that, I do not support adding VAT to diesel at this point in time, but those writing news reports need to have basic common sense!!!

1 Like

Education › Re: Taraba State University Bans Miniskirts, Baggy Jeans, Tattoos, Eye Lashes by COMPAQ(m): 8:02pm On Aug 13, 2023

Cemsorcems:
Even face cap?

Una for kuku sew School uniform give them.

Having face cap on that list makes no sense to me. The student union should take the university to court.

1 Like

Politics › Re: Muhammadu Buhari The Worst, Tinubu Got The Midas Touch @topboychriss by COMPAQ(m): 2:17pm On Aug 12, 2023

Racoon:
https://twitter.com/Topboychriss/status/1690261561217040384?t=d_ITB5vuu9pZywrcHsk1xA&s=08[/quote]Totally agree except for one thing. He didn't keep us where we were. He took us back 8years!

Most useless president Nigeria ever had. Even worse than military governments.

Business › Re: We Will Name & Shame Commercial Banks Engaged In Illegal Sales Of Dollars – CBN by COMPAQ(m): 3:51pm On Aug 11, 2023

Rolings:
But Venezuela is Suffering from sanctions imposed by the US and it's allies because Hugo Chavez decided to be sharing oil money to the people.
Venezuela is not the cause of it's problems but external forces that has its eyes on Venezuela vast oil and gas resources.

Story!! Chavez ruined his country by senseless socialist spending, like subsidies that make petrol $0.5 per litre. Thats like petrol in Nigeria being N50.

The mad ways and means by CBN of N22trln is our own madness, along with years of subsidies and crazy oil theft over the last decade, but particularly in the last 3years. Nigeria has just been horribly, horribly run in the last 8years!!!

1 Like

Business › Re: We Will Name & Shame Commercial Banks Engaged In Illegal Sales Of Dollars – CBN by COMPAQ(m): 10:37pm On Aug 10, 2023

ChatterHouse:
I'm appealing to all Nigerian

To start patronising our made in Nigeria product to revive the naira

Tinubu was so hasty in pleasing his puppeteers

As a Capitalist you should not make hasty decisions
About the economy

People are waking up in multidimensional poverty everyday

Unfortunately I'm not sure we have any tangible locally-made products to purchase. Almost every major item in my house is purchase from Abroad. televisions air conditions fridge-freezer mobile phone laptop. There is simply no replacement for these high-value items within Nigeria.
I'm not proud about it. But that's just the reality!!

Politics › Re: Ministerial Appointments: Tinubu Not Fair To Igbos – Segun Showunmi by COMPAQ(m): 10:32pm On Aug 10, 2023

Tenplet:
wow who told you this?

And what did the Deizani do? Arguably the worst and most corrupt minister of petroleum Nigeria ever had.

1 Like

Politics › Re: Ministerial Appointments: Tinubu Not Fair To Igbos – Segun Showunmi by COMPAQ(m): 8:11am On Aug 10, 2023

Ofunaofu:
https://dailypost.ng/2023/08/09/ministerial-appointments-tinubu-not-fair-to-igbos-segun-showunmi/

Which nonsense Buhari was fairer to us than to his own people!!!!!

Buhari that for every 10 appointments, 9.5 of them were from the North!!! I beg go and sit down.

1 Like 1 Share

Politics › Re: Only Five States Can Build Over 100 Km Of Electricity Transmission Lines - EMRC by COMPAQ(m): 12:08pm On Aug 09, 2023

jackcanfield:
Someone educate me , say 3000 Mega Watt is generated by a Genco using the Lagos State law would there be any need for transmission.. since the station is present in the local domain away from the reach of the Federal Government and it's law

It depends on where the generation plant is sited. Rather than have 3000MW in one location in Lagos though, for me it'd make sense to have like 6 of 500MW each in different pasts of the state, such as

Ibeju/Lekki -Epe axis to serve Lekki corridor up to Oniru
Eko Atlantic to serve Eko Atlantic and VI
Lagos Island to serve Lagos Island and complement VI, Ikoyi etc
Trade fair complex to serve Festac, Amuwo Odofin, Satellite, Agbara etc
Ikorodu to serve that axis and Ikeja, Ojodu, Ketu, etc
Egbeda to serve the rest of Lagos mainland

The distance from these power plants to the main sub stations serving those areas would be minimal and LASG could take over the TCN transmission infrastructure in the state and link to it.

Any excess can be sent into the grid at an agreed amount to make up any shortfalls in the SW for eg

However, all of this investment means that rates would have to go up to fund the investment and provide positive cash flow for investors.

2 Likes 1 Share

Politics › Re: Customs, 62 MDAs To Stop Direct Tax Collection, FIRS To Take Charge - Oyedele by COMPAQ(m): 11:53am On Aug 09, 2023

kokoA:
Not when the will is there from FG. There's nothing FG wants to achieve if they really want to, the problem has been lack of political will.

True. and since the NASS seems to be in Tinubu's back pocket, it will fly more easily than you think.

Politics › Re: Customs, 62 MDAs To Stop Direct Tax Collection, FIRS To Take Charge - Oyedele by COMPAQ(m): 11:52am On Aug 09, 2023

nairalandkachy1:
https://www.channelstv.com/2023/08/09/just-in-customs-62-mdas-to-stop-direct-revenue-collection-firs-will-take-charge-presidential-committee/

Nigeria rich man has a house in Houston of $500k that he pays property tax of circa $12k on per year.

Same rich man has a house in Ikoyi valued at N500mln. Ask him to come and pay N250k per year land use charge ($277) and they will shout to the high heavens and call folks in govt they know and intimidate the revenue guys from their property.

But everyone wants Nigeria to be like obodo oyinbo.

THE RICH SHOULD PAY THEIR FAIR SHARE!!

4 Likes 1 Share

Politics › Re: Navy Releases Vessel Intercepted By Tompolo Men by COMPAQ(m): 10:41am On Aug 09, 2023

Hambivert:
The international community have given up on Nigeria because of the level of corruption in Nigeria. Nigerians have given up on Nigeria because of the level of corruption in Nigeria. Dear God, have you also given up on Nigeria¿

In Nigeria, the Army would fight the police, FRSC would beef NSCDC because they now use guns before them, EFCC and DSS would naked themselves in public, because of ordinary office space. The Navy that couldn't do their job well would fight and libel a private contractor that is helping out.

Nigeria's problem is fundamental, and Lugard failed to see this even in 1914.

This is why its hard to believe that there is still hope in this country. The impunity is shocking

FCC selling government jobs
Akpabio caught on live TV informing members of money shared to them. Members who are already going on recess after barely resuming work.

The country is just a SCAM everywhere you look.

4 Likes

Crime › Re: Fisayo Soyombo Exposes Baby Factory In The South-East, 'Buys' Baby For ₦2M by COMPAQ(m): 10:36am On Aug 09, 2023

sukkot:
that baby factory culture in the south east was started by obed edom chukwuemeka azikiwe and lord lugard when they were bringing in white men and breeding them in baby factories with Igbo women so as to create a superior light skin class in which they will use to rule Nigeria like they did in India by lightening them up to create a ruling class. This why many Igbo are light skin today. Product of lord lugards baby factory . That plan to create a ruling light skin class backfired as Hausa eventually snatched power from Igbo . Lots of hidden history in naija

This is unverifiable!!

If it were true, a lot of Igbo would be half caste, not just light skinned. Stop spreading flasehood

Politics › Re: "Our Economy Is Trapped" - Tinubu Vows To End Nigeria’s Over-reliance On Loans by COMPAQ(m): 9:23pm On Aug 08, 2023

wwwtortoise:

This man deserves an award for this amazing discovery after more than 4months in Aso rock.
I understand this is a gentle notice to the general public on the massive taxation to come. That’s his specialty area.
I see VAT, PITA, CIT, Education Tax, Property Tax being reviewed upwards.

Being born in Nigeria kind of assures me that I’ll make heaven. God is not that unjust to let his people suffer twice.

The idea is not really to increase tax rates but to ensure more collection.

Let's be honest with ourselves, those who evade tax are in the majority. Easier example that comes to mind is landlords. Like hundreds of billions change hands each year on rent, yet the landlords don't pay shi shi, because it's "impossible" to catch them when no data exists on who owns what property, what is rented etc.

With data and integration alone making it much harder to evade tax, Nigeria can almost double it's tax revenue in 5 years.

Unfortunately it will take hard work, focused disciplined work to achieve it and that's where we struggle as Nigerians.

Travel › Re: Azman Air Suspends Operations, Sends Staff Away by COMPAQ(m): 11:16am On Aug 08, 2023

ijustdey:
https://leadership.ng/azman-air-suspends-operations-sends-staff-away/

Poor planning as usual from Nigerian companies....how can all planes operated by the airline be undergoing maintenance at the same time?

1 Like

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