COMPAQ's Posts

Nairaland Forum › COMPAQ's Profile › COMPAQ's Posts

1 2 3 4 5 6 7 8 ... 39 40 41 42 43 44 45 46 47 (of 146 pages)

Travel › Re: Reasons I No Longer Have Interest To Relocate To America by COMPAQ(m): 9:16pm On Apr 06, 2023

Tadadobe:
With the recent news that dollars is going to be deemphasized and might probably lose values, I'm beginning to think twice about my relocation move. My uncle that recently came back from the US gave me $5000 to do business and I initially thought about using this money to move abroad.

I'm not like an average Nigerian who get carried away with "there are good road and 99hr power supply abroad". When I travel, I'm going there to go and make money not to count ceiling and take hot picture for the Instagram and to pepper people at home.

If dollars get decentralized and $1 = about #250, thouh this development will not go well with people abroad since they'll have fear that the little they send home will no longer be able to surprise anyone, and their usual conversion strategy will no longer work. But on the other hand, this move will help people in Nigeria as there won't be that much of a difference between someone earning #500,000 in Nigeria and the one earning $3000 abroad

Unfortunately Naira would probably just get worse alongside the dollar.

Travel › Re: FRSC Recovers N27.1M At Scene Of Osun Road Crash That Killed Six Persons (Pix) by COMPAQ(m): 4:00pm On Apr 06, 2023

Odin13:
Nigeria will be better..

See small lane like this person go dey fire above 120..

I for blame government on why they no dualize .. but .. even the bad roads them never do.. na this one wey be neat express for their eyes dem go work

Rip to the dead

Is every road in the world dualized!?

Politics › Re: VP-Elect Shettima Promises To End Bike Crushing In FCT by COMPAQ(m): 3:25pm On Apr 06, 2023

Pinkyposh:
You didn't notice well

I tire o

1 Like

Politics › Re: VP-Elect Shettima Promises To End Bike Crushing In FCT by COMPAQ(m): 3:25pm On Apr 06, 2023

jumper524:
If you guys notice, crime rate took a drastic increment when states started Banning Okada.
While the ban is good for the sanity of the road and safety of passengers.
You don't just take a policy that pushes them out of work without real alternatives.

Based on which statistic!!? For us in Lagos, we have seen fewer crimes!

1 Like

Politics › Re: Governor Wike Commissions The 11th Flyover In Rivers State by COMPAQ(m): 6:07am On Apr 06, 2023

tonye33:
Mgbuoba/Ozuoba (Location) Flyover newly constructed by Governor Wike will be commissioned tomorrow by Kayode Fayemi in Rivers State

Wike also hinted that the last and 12th Flyover of his administration will be commissioned by President-elect, Asiwaju Bola Ahmed Tinubu this month

There is more to governance and road infrastructure than flyovers, but no doubt these 12 flyovers should significantly improve the traffic situation in PH. And now that they have been done it will never be required again by another government.

But for me Woke will not have done well if he doesn't resolve the traffic situation at Obigbo junction along PH Aba expressway with a flyover. As well as upgrading the roads in Obigbo. That areas has suffered under past governments.

Crime › Re: EFCC Arrests 21 Suspected Internet Fraudsters In Enugu by COMPAQ(m): 10:21pm On Apr 03, 2023

skj1377:
Enugu is a lovely town
Good place to spend your loot

True that. If I were an Igbo man and I wanted to build the house in an Igbo city, it will certainly be Enugu!

Politics › Re: FG To Demolish Bishop Oyedepo’s Hangar At Lagos Airport by COMPAQ(m): 8:01pm On Apr 03, 2023

godliman:
And you think that will ruffle Oyedepo? How much is that Hangar worth? Demolition the Hanger, fine channels N5,000,000, that wont bury the truth.

It has nothing to do with what Oyedepo says. The hanger simply has to go because it's impeding the space of the new airports for larger aircraft to use the terminal, simple!!

Politics › Re: Army Repels ISWAP Attack On Borno by COMPAQ(m): 3:03pm On Apr 03, 2023

naptu2:
https://guardian.ng/news/army-repels-iswap-attack-on-borno/

I still don't get how our forces battle militant for hours and they don't get any air support.
If Air Peace can fly from Lagos to Abuja in 50mins why can't we get military jets from the closest Air Force base to rain missiles on the millitants?

Better still, we should have armed drones partoling the air round Maiduguri and Kaduna on a daily basis round the clock. The Turkish drone can stay airborne for more than 24hrs t a stretch, costs just $5mln or so and is cheap to operate.

Education › Re: LASU Bread: Lagos State University Launches LASU Bread Bakery by COMPAQ(m): 10:36pm On Mar 30, 2023

JasonScoolari:
LASU BREAD....

So, to the VC now, this is a great innovation and the bakery is part of her administration's drive to increase IGR?

Jehovah Nissi!!!! What kind of fuckery is this?

Very soon, Amala and Ewedu will also be part of her administration's drive to increase IGR... LASU Amala and Ewedu.

I need to potopoto my eyes to stop seeing all these fuckery.

After the Amala, agbado will follow.

Celebrities › Re: Relationship Expert, Blessing Okoro Arrested By FCID Operatives In Lagos (Photo) by COMPAQ(m): 4:58pm On Mar 30, 2023

EBMedia:
https://igberetvnews.com/1442112/relationship-expert-blessing-okoro-arrested-fcid-operatives-lagos-photo/

What kind of relationship expert.

Politics › Re: An Imperfect Democracy Is Better Than A Perfect Military Dictatorship - Omokri by COMPAQ(m): 3:30pm On Mar 30, 2023

Peterobiisathie:
https://mobile.twitter.com/renoomokri/status/1641403723179077632

I disagree! Some of the countries that made the swiftest advancements did so under a millitary government or pseudo dictatorship. Examples are:

China
Malaysia
Singapore
Rwanda

For a people as undisciplined, corrupt, religiously and ethically divided as Nigerians, a good dictatorship that can lick us into shape is not a bad idea and for me might be better than this rudderless democracy we are operating!!

1 Like

Politics › Re: N300bn Yakubu Used For 'Selection' Should've Been Used For Infrastructure - Falz by COMPAQ(m): 12:21pm On Mar 30, 2023

Omicronvaccine:
N300bn Yakubu Used For 'Selection' Should Have Been Used For Infrastructure - Falz

Nigerian rapper, Falz has again slammed Chairman of the Independent National Electoral Commission, Mahmood Yakubu, over the conduct of the 2023 election, IGBERETV reports.

Taking to his Twitter handle, Falz claimed that Yakubu used the N300 billion budgeted for the election to carry out a “selection” process. He said that the money could have been used for infrastructure.

He wrote;

https://twitter.com/falzthebahdguy/status/1641037872114401280?t=wuhsGDl0Wi9Iv3dpRVSBlg&s=19[/quote]I guess because growing up, we all saw BILLION as massive, unquenchable money!!

However, falz should bear in mind that N300bln is not even up to $500mln (at parallel market rate). What game changing infrastructure can $500mln build!? Even some premier league stadiums cost more than that!!

Politics › Re: Name & Arrest Those Plotting An Interim Govt - Yabagi Sani, IPAC Chairman To DSS by COMPAQ(m): 11:51am On Mar 30, 2023

NwekeUG:
https://igberetvnews.com/1442054/name-arrest-plotting-interim-govt-ipac-chairman-tells-dss/

There is nothing to name cos as usual Nigerian government likes to sensationalize things!!

Its not the first time Nigerian government has threatened to name names and failed to do so.

Politics › Re: LASG Signs MoU With Fintech Company, Etransact On Management Of Setbacks by COMPAQ(m): 11:47am On Mar 30, 2023

Newyorkitis:
As an Urban Planner, this is a welcome development.

As an urban planner, are setbacks meant to be for trading activities? Cos what i get from this initiative from LASG is that its mainly to organize and TAX economic activity on setbacks!!

Not sure that trading activities is the essence of the space we leave between roads and building!!

Having said that, I googled the definition and rationale for setbacks, and this came up!

A setback is used to create a buffer area which protects buildings or structures from the road by mitigating noise levels, by providing a safety zone and by improving aesthetics through landscaping or screening. Setbacks are a function of the area type, land use and the functional classification of the road.

1 Like

Business › Re: How Are You Preparing For Subsidy Removal? by COMPAQ(m): 10:38pm On Mar 28, 2023

16inchdick:
Don't know how those stake holders arrived at #750 for a litre of fuel. Even at $80) barrel , it would still retail @ #400naira

So why is diesel N800 then?

Business › Re: How Are You Preparing For Subsidy Removal? by COMPAQ(m): 1:23pm On Mar 28, 2023*

While I support subsidy removal, I am disappointed by the approach!!

By now, I would expect Govt, Labour and the organized private sector to have formed a powerful committee to determine the best way to mitigate shocks to the economy. The impact of the subsidy removal will be material, but with proper planning, at least the government can help the citizens. If I were in charge, amongst the things I would do prior to subsidy removal would be as follows:

1. Revise the minimum wage for the lowest cadre of workers in the public service. Someone earning minimum wage of N30k should move to say N80k. But it doesn't mean those earning N500k need to be topped up.

2. Get the private sector to also top up everyone's salary by a fuel supplement of say N20k per month.

3. Order like 5000 buses for intracity transport that are fueled by CNG for the largest cities in Nigeria - Lagos, PH, Abuja, Onitsha, Kano, Kaduna, Ibadan, Owerri etc to help reduce transport costs.

4. Encourage private sector bus drivers to also convert their vehicles to CNG in the larger cities impact the larger parts of the population

5. Aggressively improve electricity supply by proper regulation and monitoring of the DISCO's. Thankfully the recent constitution amendment gives States the capacity to get involved in electricity matters.

6. Encourage digital means of doing business in the public and private sector to discourage the need for a lot of driving around. If I can conduct most of my business online, why do I need to be driving around so much.

7. Resolve issues, bottlenecks that cause people to spend a lot of time in traffic in our major cities. We cant be spending 4 hour a day in traffic in lagos per day at N750 per litre o.

8. Provide tax incentives for full payment of solar installations for homes and businesses

9. Create a fund to help people migrate to solar at low interest rates (or even zero interest rates in first 5 years). Those who access this fund do not get the tax incentives.

10. Make importation of new and/or used electric, plug in hybrid and normal hybrid vehicles free of duty and levy.

4 Likes 1 Share

Politics › Re: LASG Reiterates Ban On Commercial Motorcycles In Restricted Areas by COMPAQ(m): 2:08am On Mar 28, 2023

Lovenorth:
As it's expected, what do you think would happen after the election? I pity miserable Nigerians that voted these psychopaths

The law is the law though. That politicians were distracted during elections and have now faced their work squarely back doesn't change the law

1 Like

Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by COMPAQ(m): 2:03am On Mar 28, 2023

COMPAQ:
Seems you also think a bit too highly of yourself.

No doubt production doesn't have to be for local consumption, but if you then plan to export, then it brings me back to my original point that we have to conform to the standards of those we are exporting to! A point you tried to put down by saying we have a large population! So what exactly are you saying Mr Economics Professor!

As for your logic that a Samsung could potentially produce in Nigeria and export it all even if we were not buying anything. Absolutely, that might be correct,but we all know Nigeria has poor factors of production. Nigeria is nowhere near ready in any ramification (electricity, skilled labour, economic & fiscal policy, transportation, ports, iron ore, aluminium etc) to be a producer for the world, especially in highly competitive products like FMCG.

Next!?

And let me add that the rich getting richer adds little to no value to the productive base of the economy. Afterall how many cars, houses,appliances etc will they buy?

The economy is better served with 100mln people in Nigeria being worth N10mln each, than 10mln Nigerians being worth N100bln each, cos the 100mln individuals will buy far more.

2 Likes

Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by COMPAQ(m): 1:51am On Mar 28, 2023

omonnakoda:
People do not have economic power by magic.. Wealth does not come before economies grow. It can happen ssimultaneously
Consumption can be powered by credit just like production
More and more people falling into poverty does not mean companies will go down. More and more people getting poor can happen at exactly the same time as more people getting rich
Ever heard of rich getting richer and poor getting poorer.
That is not basic economics. It is nonsense

There are so many different companies not all produce for the poor
I
Samsung can produce 50000 acs in Nigeria even if Nigerians buy none as long as they can sell them somewhere else.
Production does not have to be for local consumption
It is clear you think you know economics but not nearly As much as you imagine

Seems you also think a bit too highly of yourself.

No doubt production doesn't have to be for local consumption, but if you then plan to export, then it brings me back to my original point that we have to conform to the standards of those we are exporting to! A point you tried to put down by saying we have a large population! So what exactly are you saying Mr Economics Professor!

As for your logic that a Samsung could potentially produce in Nigeria and export it all even if we were not buying anything. Absolutely, that might be correct,but we all know Nigeria has poor factors of production. Nigeria is nowhere near ready in any ramification (electricity, skilled labour, economic & fiscal policy, transportation, ports, iron ore, aluminium etc) to be a producer for the world, especially in highly competitive products like FMCG.

Next!?

1 Like

Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by COMPAQ(m): 1:20am On Mar 28, 2023*

omonnakoda:
Nothing has to be any particular way
That is just How You have been programmed.
You do not think deeply. Your understanding is very superficial

Japanese did not have to make sushi well enough to sell in Europe
Why do we accept Pizza as being made well enough but amala is not?

The thing wey black no good
N.a. Foreign things dem they like

We are main stream we have the numbers
we don't need to sell kilishi in London and we don't need stupid cookies in Nigeria..
What we need to do is make more what we consume for ourselves more efficiently

Well, unfortunately the world is now a global economy. We have population but insufficient wealth the boost our own economy. With more and more people falling into poverty ,more and more companies will go down. It's basic economics. Economies grow when it's citizens have the economic power to drive domestic production and consumption. How will Samsung have a factory to produce 50,000 split unit Ac per annum in Lagos if Nigeria will only consume 5000. Meanwhile in this day and age factories only survive by large economies of scale. It's the absence of that scale that's killing our factories.

2 Likes

Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by COMPAQ(m): 10:22pm On Mar 27, 2023

omonnakoda:
Rich British made cookie? What is that? Stop all this colonial nonsense
What about Rich IJebu made Ojojo in Tesco??
Or Hausa made Kilishi in Asda??
How does British made cookie create jobs for Nigerian youth?
Is cookie even a British word? No it isn't

Well, until we make it well enough for the export market our products won't go mainstream, except to the shelves of African stores in those countries.
To be honest I have no issues eating kilishi and stuff in our local way, but unfortunately that doesn't work for Tesco and it's like. It's has to be way better packaged.

Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by COMPAQ(m): 9:51pm On Mar 27, 2023

maleekberry:
It's a pity

Sometimes I wonder why all these big multinationals can't do what other smaller companies are doing to survive

See smaller brands like waw,viva, good mama,unik bathing soap, hawaii soap, Eva soap are all cashing out and making huge sales in this bad economy nah him Unilever dey phase out some household products. Nah wa

These big companies should better stop paying all these their staffs fat salaries for doing nothing

They should divert those monies to marketing. They should recruit boys and girls on the street and use them to do aggressive marketing. Can't they learn from the way waw they do street marketing.

Never heard of those products you mentioned. Companies making super cheap crap for poor Nigerians also lace these products with unregulated chemicals that can kill you slowly.

Same thing with biscuits you see in Nigeria. All flat and tasting like cardboard with loads of sugar just to make it sweet. And mostly made in places like Indonesia, Thailand, Vietnam, Surinam etc When last did you see a rich, British made cookie in the shops. Even Nigerian made is a struggle.

9 Likes 3 Shares

Politics › Re: Soludo's One Year In Office Video by COMPAQ(m): 10:19am On Mar 27, 2023

paymentvoucher:
PROFESSOR CHARLES SOLUDO's achievement in One year is far better than the eight years in Office of one of their former Governors who contested in the Presidential race recently...

Can you tell us specifically what he has done that is groundbreaking!?

Politics › Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by COMPAQ(m): 8:57am On Mar 27, 2023

emerged01:
The issue of power now lies in the hand of governor each state. They should come out with policy and plans that will guarantee 24hrs supply of power in each state.

That will take 2 to 4 years even for a very serious governor.

1 Like

Politics › Re: Deregulation: Brace For N750/litre Petrol When Subsidy Is Removed, Stakeholders by COMPAQ(m): 8:55am On Mar 27, 2023

Funny thing is there is no real savings from removing subsidy, as we are borrowing to pay the damned thing! It's like someone borrowing from Mr B to pay a debt to Mr A, yet everyone expects his saving from paying Mr A to be spent on doing business.

1 Like 1 Share

Politics › Re: NDLEA Arrests Party Agents With Money Cards In Ogun (Picture) by COMPAQ(m): 12:59pm On Mar 18, 2023

[quote author=Odewaleadesoye post=121838097][/quote]It's called poverty of the mind

1 Like

Food › Re: See The Food I Bought For 2.5k In Maiduguri by COMPAQ(m): 3:40pm On Mar 06, 2023

phemmyfour:
N2.5k isn't cheap

That shouldn't be more than 1k in Jona era

Running an eatery is no longer a profitable business

Thats why so many of them have closed down. Sweet Sensation, Tantalizers, Tastee fried Chicken, Mr Biggs are all shadow of themselves!! Even KFC is struggling a bit now.

Many of the local ones that used to dot the landscape have all shut down.

Funny enough The Place and Mega Chicken seem to still be thriving.

Food › Re: See The Food I Bought For 2.5k In Maiduguri by COMPAQ(m): 3:35pm On Mar 06, 2023

Igodomigodo419:
Never knew food could be this cheap in a restaurant here in Maiduguri. I absolutely enjoyed it and it was quite worth the cash. Tasters nice too.

How exactly is this cheap

Celebrities › Re: Whitemoney Buys A Maybach, Days After Flaunting Wads Of Dollars (Video) by COMPAQ(m): 3:34pm On Mar 06, 2023

Bvlgari:
Days after flauntly wads of dollars bills BBN WhiteMoney buys a brand new Mercedes Maybach.

https://www.youtube.com/watch?v=6NPTh9YU2WE

Probably a regular tokunbo S class facelifted to look like Maybach

Politics › Re: Oyo, Ogun, Lagos Set To Light-up Lagos-ibadan Expressway – Makinde by COMPAQ(m): 6:27am On Mar 05, 2023

Princeton92:
How true is this that the road is okay now?

Very true! Julius Berger is still working from Lagos to around MFM, but from around MFM all the way to Ibadan is spotless.

However the road may not last for more than a few years before it starts developing potholes. A lot of the channels to discharge water are blocked by sand. And pooled water is a roads worst nightmare!!

3 Likes

Politics › Re: Abdullahi, Sani Abacha’s Son ‘Dies In His Sleep’ by COMPAQ(m): 7:44pm On Mar 04, 2023

ExAngel007:
https://www.thecable.ng/abdullahi-sani-abachas-son-dies-in-his-sleep/amp

Good riddance to bad rubbish.

Won't be surprised if it's a drug overdose!!

Politics › Re: Organisation Of Islamic Countries (OIC) Congratulates President-elect, Tinubu by COMPAQ(m): 7:43pm On Mar 04, 2023

References1:
https://twitter.com/OIC_OCI/status/1631952966432301058?t=_GJxoYG_0suf8NXG6J77Sw&s=19[/quote]That's one organisation Nigeria has no business belonging to!

1 2 3 4 5 6 7 8 ... 39 40 41 42 43 44 45 46 47 (of 146 pages)