₦airaland Forum

Nvestor02:
You cannot eat your cake and have it. If these people go on with their madness, the government will neutralize them.

And if they manage to destroy FCT, the president will use the federal money to rebuild it. All my prayer now is that the federal government should remember my company in rebuilding the FCT.

It's no longer destroying Lagos. It's now destroying fct. Lol una go dey alright las las

Christistruth00:
Do you know that the leader of the Kidnappers shot dead by police in Ladipo 2 weeks ago had 4 Mansions?

Really?!!

Tell me more 🙄

Racoon:
In the idea setting, the people should be afraid of the government. However, when the government became the one to be afraid of the people, then there is trouble as something obvious has gone wrong.

You're totally wrong on this one.

JohnAOne:
Very good.

If dem born YOUR PAPA WELL, go and tell LASG that "Lagos is no mans land".

God continue to bless Lagos.

God bless YORUBALAND.

AMEN!

Pesin wey no get hope of ever building a house don talk. 🙄

JagabanB:
The statement has actually exposed the stûpîdity in ur post and statements right?
"Most Nigerians" will vouch because of a statement from a drûnkard Iooking for Twitter engagements to cash out, investigation without evidence to back it up, just taIk, but somehow, u thought u have discovered something that Tinubu is hiding.

Oga go and sleep.

Angelfrost:
Sigh...

Kobe Bryant and daughter
Herbert Wigwe
Several soldiers

...Now, this family!


What's going on with America's aviation sector?!!

How has Sleepy Joe not declared a state of emergency on that sector?!!

A country that has over 19000 airports. Imagine the number of planes. The more the flights, the higher the occurrence for any country.

JagabanB:
This is the probIem we have in Nigeria because "most Nigerians" will make comments and take sides as well without seeing any concrete evidence of this.
Present the facts with original documents since a supposed investigation was carried out and I will support the motion.
The fact that "most Nigerians" will take sides without seeing any form of evidence is the reason why I always say people who live on sentiments are easy to controI.

Lol clown statement. Go sleep.

layiwola008:
Guy! Forget about this independent thinking of a thing. This is not a philosophy class. The guy makes more sense than you because he can recognise justice from injustice which your over-hyped independent thinking cannot avail you.

No I won't. He needs help.
Thankfully, you are not the determiner of justice and injustice. and you're also not the determiner of who makes more sense than the other.

Whatever panders to your emotions is what you will support. Biafrans did less than Hamas, and I'm sure if I dig into your posts, I'll find instances where you support the side that panders to your emotions.

JagabanB:
It is sheer stûpîdity to vouch for something or someone when facts are not presented, where are the paper works to prove all these?
And if Tinubu is doing all these, do u think he will expose it this way?
Rational people work with facts not assumptions and use the "vouch".
I don't vouch for people or anything until both parties present facts, present the facts he did this not explanations that we can all sit in our rooms and assume.

Let me clarify, hopefully you get what I meant. Based on Tinubu's antecedents, most Nigerians will not vouch for his innocence if they are told he did this, or something like this. I also gave examples of these antecedents on the post you quoted.

iykofias:
Independent thinking?
you're interacting with a christian who is supporting an Islamic nation(s) due to the injustices melted out on them, i'm not subjected by my religion to think independently and i can't say same for most of you.
So rest, until you can think for yourself

I am an agnostic born into a Christian home. And I still became a victim. Where you are now, I was. Like I said, it will be hard. Just give it a try. Start from a week.

iykofias:
There's a tunnel there, you didn't know?
wasn't expecting the western media to educate you sha

Lol. You need serious rest

iykofias:
and the better alternatives are cnn and bbc. you've been brainwashed out of existence

Not black does not automatically mean white. There's nowhere in my post I suggested them. At least you proved me right. I sensed your captivity and affliction from far. You know why? Because I've been a victim too.

Nothing beats independent thinking. Try it some time. Just know it won't be possible without first stepping away from the clutches of those mind control organisations.

It will be hard at first. But it is doable.

MossadAgent:
It has more to do with NL allowing seccesionists elements to run feral , anti patriotic cretins and those openly calling for a truncation of our democracy.

The place has become a cesspit of IPOB/Obidient propaganda .

And the other side are such heavenly saints. Unserious fellow. FYI I belong to neither.

iykofias:
The occupants of northern israel should relocate, maybe migrate to countries willing to accept them

Step away from press TV and Al Jazeera. You're brainwashed and you don't even know it. I speak from experience.
I am an agnostic that used to be like you.

iykofias:
Why are IDF using civilians as human shield?

How many idf were targeted here? Zero. That's one difference.

.
That thing wey Hezbollah dey find, they go finally get am. Idiots shouting Israel genocide now no go talk. Very soon they will resume their crying.

.

NyamiriSlayer:
Ndi dot and crime are inseparable

Can you through the write up point out confidently, the person or people you're talking about?

.
You protest where you are paying tax. Simple.
.

yarimo:

Yusufu Sadiki a Yoruba Muslima umma name dey there too.

OkCornel:
ChatGPT well done.

Either a bot. Or the infamous sarrki

A Ghanaian girl was killed for rituals in Rivers state. Now another Ghanaian man killed in Osun state for rituals.

Ghanaian lives matter.

Babangidapikin:
You just dey write wetin we no understand ...Clumsy write up... Lagos GDP has risen due to the investments attracted by that refinery ...not to talk of the Valuation of the exchange when he list in the market ... Chochocho with incorrect Topic. Ask the writer to show us what he has contributed to the Nigeria economy.

Find the GDP for past periods, and the GDP of this one. Then divide it by the dollar rate of each period to actually determine if the GDP actually rose, or dropped.

For example 18k minimum wage in 2014 was about $83, but 70k minimum wage now is about $42.

Note our economy is practically dollar denominated. So it's appropriate to do this.

I'll just paste this here.

GerogeI:
@OP
You got a couple of things wrong, but yes, you are sniffing something, but Dangote is also not innocent.

1. Upstream oil production has no direct link to Downstream retail of petroleum products. So do not link Agip to petrol import, even though we know the acquisition by Oando might not have sailed through without Tinubu as president. But big oil companies are looking to leave Nigeria, all of them. Not just because of electric vehicles in future, but because Nigeria has constantly been annually forecasted for implosion since Niger Delta militancy in 2008.

2. How Wale Tinubu got to own Oando is another story altogether, but in 2016 he sold the down stream part of Oando to Vitol and Helios, cause of his poor forcast of oil prices in buying ConocoPhillips oil assets between 2013 and 2015. So Wale Tinubu has little or nothing to do with those Oando filling stations that NNPC just bought since 2016. Infact, one might say he was fighting to get them back since Tinubu became president. If you check House of Reps, supended the sale of OVH Energy assets by Vitol and Helios to NNPC, after money has been paid.

3. However, MRS and Oando have been long term competitors since 2010 or 2012, not sure of exact date. I can also tell you the Dangote Refinery as built by Dangote, was originally an Oando Refinery Proposal. How Dangote got them and implemented them is a mystery. So I expect there is a lot of bad blood between the two sides, especially if Wale Tinubu is watching a competitor implementing his pet Project which was botched from inside, by his own executives around 2011.

4. Monopolization of Petroleum products import was not started by Tinubu, but by Buhari, with northern business interests. Sometime early in his second term, he claimed to suspend subsidy payment, and them proceeded to run an arrangement where only NNPC could recieve subsidy for petroleum import. So since 2016 only NNPC has been importing petroleum products because any other person that does will make a loss. That is precisely why global petroleum Giant like Vitol, became desperate to sell Oando Marketing(OVH Energy), even though they could drown Nigeria in petrol and diesel without any forex problems. Infact that was why they entered Nigerian Market initially.

But someone was buying all those petroleum products for NNPC. Who? I think that's where Dangote comes in. Buhari's daughter even became a director in NNPC. I do not have a clear line of what went on, but one person has been importing petroleum products for all of Nigeria since 2016, that person or persons got so comfortable with it, that they invested in Dangote Refinery, after monopolising the industry. To get the magnitude, That single entity has been making the annually profits of Sahara Energy, OVH Energy, MRS, Forte Oil, Mobil (Retail Nigeria), Aiteo, Total, NIPCO, and all independent marketers, alone since 2016. All these companies became its indirect subsidiaries cause they could not import on their own and get subsidy. Let's not forget that this kind of monopolization of imports by NNPC was first executed using Ifeanyi Uba's Capital Oil around 2010. Buhari's Govt. took it to a new level.

This is the main origin, back yard nepotism. Dangote Refinery at its size and complexity, should not cost more than 5 billion USD, but its tagged at 20 billion USD. With Nigeria's FG originally owning 20% stake. 20% of 20 billion is 4 billion USD. It seems based on real value, Dangote Refinery was built entirely with funds from Nigeria's Federal Government. This seems like a typical pattern of a certain former CBN Governor, who is romoured to have facilitated the use of a banks depositors fund to enable the acquisition of same bank.

5. NNPC is still monopolizing petroleum products imports. Probabky as revealed, Only the new Zar is doing the import for NNPC. While Dangote is telling you this, he might not be telling how he might have benefitted from same monopoly under Buhari. Why do you think Otedola sold forte oil and invested in Dangote Refinery? Maybe the time of oil terminals has come to end for a new type of monopoly.


6. The Malta import angle is just an opportunity that arose for WaleTinubu, if its true. It can not be the long term plan.
Why? Dangote Refinery execution strategy, was based on the execution strategy in the original Oando Refinery plan. This was based on the Jamanagar Refinery owned by Reliance Industry India. It was built in 3 years using multiple contractor's and top notch project management which focused on keeping the battery limits between the contractor coherent and clean with the overall design. Dangote took same approach, using multiple Indian contractors, without the top notch project management for the battery limits. Jamanagar Refinery costed just about 3 billion USD in 2009. Dangote's cost 20 billion USD and is still not running more than the atmospheric distillation towers, which makes it only as complex as those drum refineries in Niger Delta bushes. So Dangote still cannot replace imports, until he is able to produce high octane petrol.

Wale Tinubu had every opportunity to build this Refinery since 2010, the plan was Oando's, there is no way he can compete with a Refinery using a Blending plant. To compete, he needs another Refinery. So competition cannot be his long term plan. Dangote on the other hand is drowning in the cost of a refinery that has a 400% cost over run. He needs special access to crude, and monopolistic access to sell whatever the Refinery is producing in order to survive.


The question here is who is right- Dangote and the mis-managed Oando Refinery Plan, or Oando and Buharis' oil monopoly. You tell me.

And this link too

https://www.nairaland.com/8166878/dangote-end-road-monopolist-soji

He should first address the numerous people he scammed, and probably also those he's still scamming.

AbuTwins:
All these you vituperations no make sense! Will i be the one to remove the alcohol revenues? Does the governors have control over it?
If for example the total revenue is 2 Trillion and the amount due to alcohol is 50 Billion while Kano got 80 Billion, What is the probability that Kano got from the alcohol revenue?

I am a worker and i feed from my work! I don't spend alcohol money as you lied! Alcohol money is labelled. There's no such label here!

No wonder! This is how you're brought up! Parents should learn to train their kids well!
Too much lies yet no proof!

When you people no longer have argument, you start attacking parents. Lol. See how you're absolving your governors of Haram, instead of holding them to account.

You absolve them of having no control over it, then claim that the so called money that is mixed up is actually labelled. Then switch to attacking the person. Haha.

Just go oga abụ. You may be a good person, so don't defend this ok. Everybody clearly knows what's up. And like I said, we don't mind. It's the hypocrisy we hate.

Peter obi chọ chọ chọ

JagabanB:
If anonymous was wróñg about several things during the elections, what's the guarantee that it's right about this.
A group of people who lives on what appeals to their sentiments are easily swayed.

Like I said earlier, I'm bringing Twitter trend to nairaland for wider deliberation. You and I are not the determiners of right or wrong.

Tinubu has the antecedent for taking over lucrative juicy positions and businesses. For example, all markets in Lagos (which Edo women just protested against in Benin), all Lagos advertising. Just to name a few.

So by antecedents tinubu is quite capable of this. Whether or not it is actually true, is subject to revelation with time and resources. No I am not swayed. Don't come at me. Stay on the topic.

JagabanB:
LOL.
Oil cabals has been existing the military era, all of a sudden, Tinubu will overshadow all the cabals by cornering everything to himself.
No documents to back up claims by anonymous, everyone is circulating same thing.
Anonymous will make their profits from X and they will look for the next big thing to feed the people on.

Well you've mentioned oil cabals, not me. A Nigerian president has almost absolute power don't you think. Reason why we had to snatch it, grab it, and run with it.

One thing you can't deny is that this deserves investigation. Whether or not that investigation happens is a matter for another day.

Due to his antecedents, the average Nigerian will not vouch for president Tinubu if they were told he did this.

JagabanB:
Same anonymous that said Buhari will not hand over to Tinubu or it's another anonymous?

Tinubu fought his way to power. You and I know that. But let's stay on topic.

Zooposki:
Jesus, nigger. What’s wrong with you? Show some respect.

Ok ma. Respect shown.

Massiveglory:
I never knew about this " anonymous explosive revelations"
But this is what i said here few days ago whrn the dangote refinery stuff began.

Immediately I saw that tweet, this your comment was the first thing that came to my mind.

Maybe because Anambra never get fat governor before. Fat people look like gluttons and sell outs. Maybe he wants to appeal to voters. May he be judged according to his deeds. Just like everyone will.