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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
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!!
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.
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):
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.
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
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.
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!?
Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by COMPAQ(m):
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.
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 undecided

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

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 undecided

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.
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.
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.
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
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!!
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
Politics › Re: Without Winning FCT, A President Cannot Be Legally Declared — Ozoani by COMPAQ(m): 3:21pm On Mar 02, 2023
basilo102:
Abuja is regarded as a state in the law but "and" is conjucive. Therefore 25% is compulsory in " Abuja state"
Exactly. I'm shocked how learned people are taking that 'AND' to mean must win Abuja!!

The 'AND' means must win 25% in 1/3rd of the 36 Sates and Abuja. Because Abuja is not strictly a state, the word 'And' was used to add it to that requirement. If it were a state, it would have been 25% in 1/3rd of the 37 states.

So a candidate would win 30 states, win 25% in all 36 states and FCT, but because he didnt WIN Abuja specifically, he wont be President!? How stupid would that be?

A rerun could happen 10 times and that could still be the same scenario. The guy might never win Abuja because the guy he's contesting against is from there.
Politics › Re: Full Transcript Of Bola Ahmed Tinubu's Acceptance Speech by COMPAQ(m): 1:33pm On Mar 01, 2023
Yamiriflathead:
grin
You mean he said all these things without reading paper?
Tinubu clearly isn't dumb as obedients want us to believe
Not likely. This was most likely the press release.

There is nothing here about universities also , which he is reported to have said in the same speech where he referenced gorilla
Politics › Re: 13.1 Million People Voted Against APC And Tinubu by COMPAQ(m): 9:57am On Mar 01, 2023
sulaak:
The question is what happened to the 94 millions that registered to vote?

Whatever we are practising in Nigeria is not democracy, if 94 million are registered to vote and 21 million are counted
They didn't come out to vote simple!! I have a few friends with cards that didn't vote because none of the three made sense to them
Politics › Re: 13.1 Million People Voted Against APC And Tinubu by COMPAQ(m): 7:39am On Mar 01, 2023
Badgers14:
APC won because they rigged the election.

Under normal circumstances, that is if APC and INEC did not rig the election. Peter Obi would have won in an almost landslide.
Atiku would have been 2nd and Tinubu a distant 3rd.

Check it, even with all the rigging, Obi still won lagos state.
I don't agree with this assessment. Many of Obi supporters are more youth and educated. But we tend to forget that the semi illiterate and full illiterate and those who vote on ethnic and religious sentiments still make up the majority of the voters.

Obi is not likely to have done much better than he did in the North as he had no presence there and no LP governor to push for him.

We need to realize that not all Nigerians are on social media. Social media is not a representative sample of the population. So all the overwhelming support for Obi on social media doesn't translate in northern states. It doesn't even translate in the hinterlands of SW states. Only Lagos which is by far the most online state with most of the youths.

And who is to say there was no rigging in the South East with LP winning above 90% in some SE states.

I think the result generally reflected the direction of the votes. The tragedy of this election is really that it's still being determined by the"masses" who really don't know why or what they are voting for, except for ethnic and religious lines.
Politics › Re: Obi’s Votes Overtake Tinubu’s In Lagos by COMPAQ(m): 9:59am On Feb 27, 2023
koning:
My only regret is that LP did not field a heavy weight politician for the governorship election.

If they did, Tinubu's influence would have been totally wiped out.

I never heard of that Rhodes Vivour until now.

Can you imagine if Otedola came out for Labour!?.

Lagos is ripe for a complete take over now.
Or Funso Doherty! Of the clips I watched of the debate, he was by far the smartest sounding.
Politics › Re: Obi’s Votes Overtake Tinubu’s In Lagos by COMPAQ(m): 9:31am On Feb 27, 2023
redcliff:
did you ask if BankyW did his homework well? did he put in enough work to actually be a wiinner? do you know if the LP guy is living in that area? Is bankyW living there?
It’s clear the LP guy winning in Eti OSA was a bandwagon effect of Peter Obi.
Politics › Re: Votes Spread: Tinubu, Atiku Neck And Neck As Obi Trails by COMPAQ(m): 9:28am On Feb 27, 2023
kponkedenge:
Vote spread indeed. After inflating Tinubu's poor outing and decreasing Peter Obi's figures.

INEC needs to explain how Tinubu who was soundly rejected and defeated by Atiku in his original home Osun State and defeated in his adopted home by Peter Obi, in Lagos...was able to win some LGA's in Akwa Ibom and Rivers.

They say charity begins at home..... If you can't convince your own people to vote for you, then that means you never won anywhere outside your home.
What exactly are you saying? If Atiku was able to win Osun, why couldn’t Tinubu win some LG in Rivers and AI?
Politics › Re: Nigeria Presidential Election Results 2023: INEC Official Announcement by COMPAQ(m): 9:29pm On Feb 26, 2023
Treadway:
he will get 25% in Oyo for sure. Ogun not so sure.
Not likely. Much as I hate to say it, it looks like BAT will be our next President.
Obi is not likely to get 25% in sufficient states based on what I’ve seen so far. And his performance will be worst in the north where I don’t see him getting 25% in any core northern state. Even in SW, Obi may not get 25% in more than 2 states. Maybe only Lagos and Ogun.

Meanwhile, Tinubu will win most states in SW, some in the north and will likely get 25% in other states in the north that he doesn’t win due to influence of Buhari and other northern APC governors. Tinubu will also likely get 25% in some SS states.

If the winner of the popular vote doesn’t get 25% in sufficient states (which I think is unlikely, but a possibility), the run off will likely be between Tinubu and Atiku, as I don’t see Obis total number of votes being the second highest.

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