₦airaland Forum

Its completely bogus. You can only win in a game that you have participated in. Sooner or later they will ask you to pay for a processing fee etc and that's how you get scammed.

If you want to play along, simply ask them to deduct the processing fee from your winnings and see how quickly they will vamoose!

Whatever you do, dont send your bank details, money or personal details.

@ evergie

"Senu can you tell me how to get in touch with Dangota and any of his grown-up daughter? I dnt know them but im in love. Dont forget to include her phone number(s)".


Thanks, evergie, couldn't help laughing my head off. Please invite me to the wedding.

@ Attila, please see the following from pg 8 of the abridged version of the prospectus for Skye Shelter Fund.


Net Asset Value per Unit = summation of 1 plus (2-5) divided by number of Units outstanding.
3.11 INCOME DISTRIBUTION
A minimum of 80% of the income will be distributed to unit holders at the end of every financial year subject to the minimum guaranteed return as under “summary of Offer” (item 15).
3.12 TAX CONSIDERATION
Income from the Fund shall not be subject to income tax. Withholding tax paid at source on dividends and interest income shall be treated as final tax. Foreign investors should contact their respective tax authorities for the tax treatment of capital gains income earned in Nigeria.

I've also done some private research on this type of investment which is called a Real Estate Investment Trust (REIT). In America where they originated from, the govt gives the company tax concessions, as a result, 95% of income goes back to investors if they hold on to their stock for a year.

Even in my hometown, Oshogbo of all places, the prices of property is going northwards. I don't need to tell you about Lagos, PH and Abuja!

Skye BANK intends to invest the money in choice real estate in PH, Abuja and Lagos. Think about it, the cost of real estate in Nigeria only goes upwards, especially in these 3 cities.

Because of the tax concessions that Skye will get from the govt, 80% of profits must go back to investors, by way of dividends, provided you hang in there for a year.

They are selling N2 bn in this first instance and the remaining N3 bn at a later date. I reckon that when the second tranche comes up for sale, people who didn't buy the first time would be dieing for a piece of the action considering the bumper dividends and (hopefully) share appreciation. In a nutshell, its my humble opinion that this stock is must buy.

I've already signed on the dotted line for 7,500 units.

Oyinlola the governor of Osun State is a failure. There are no drugs in the hospitals and no pipe-borne water in most parts of Oshogbo, the state capital.

aisha2, you nailed it in one, gbosa! (Once again, you've presented your arguement in an objective, intelligent manner).

I agree with you 100%.

Ribadu is a gem and the EFCC are doing a grand job in a country which has almost institutionalised corruption

Olanaijim, you are too funny

You're post had me in fits of laughter, although this is a serious matter!

Carlos Slim, aka, the 'real slim shady'

The 12 years was supposed to run concurrently, so in effect he would have served only 2 years minus the period he has already spent in custody.

This may be academic if the Nigerain Tribune newsflash is to be beleived. According to the newsflash, Alams has been released!

According to a newsflash on the Nigerian Tribune, Alams has been released!

The immunity clause should be removed only in relation to financial crimes such as corrupt enrichment, money laundering, inflated contracts, and any other form of treasury looting. This will take care of cases which some people may term as frivolous (arguably, like the cases of Prof Dele Awojobi in the 80s) which are not related to theft of public funds.
Corruption has severely damaged us as a people. The arguement that removal of the clause wouldn't allow for sufficient time for governance is not credible. Our state governors spend too much time travelling abroad, attending parties and collecting chieftancy/traditional titles and honorary degrees all over the place.
If you are really coming to serve, you should be willing, ready and able to defend any allegation of corruption in court, moreso, that the judiciary has proven its independence and commitment to truth and equity in recent cases of national importance.
The removal of the immunity clause should be strengthened and backed up by an ammendment to the penal code and/or the passing of bill in the National Assembly that any public officer convicted for corrupt financial practices should spend a minimum of 7 years in prison.

Mr Ribadu, these governors swore to uphold the constitution and better the lot of their people. Instead they diverted funds to their personal accounts.

The question for these ex-governors is simple: Did you divert public funds? Are you a thief? If you say you diverted funds to the 3rd term project, is that what you were voted into power for?

Let them face the real issue of theft; only a fool will fall for their stupid claim that they are being persecuted for opposing and/or supporting OBJ.

Whether you are a political friend or foe of OBJ you can't claim innocence if you have diverted funds instead of providing pipe borne water, roads, schools, jobs and decent healthcare for your state.

Bushfellow is right, but I'd have Mckren topping the list.

1. Uninterrupted power supply

2. Removal of the immunity clause for all corrupt political office holders

3. Uninterrupted pipe borne water to every home.

@ Joe 90

It's simply a get together where people hang out, mostly in the garden/backyard. The main feature is assorted grilled meat similar to our Suya. Very informal setting, so you can wear casual/summer wear.

You may decide to go along with a CD or two of your favourite music and have a great time.

What is the name of the consulting firm and their address? I'm intirigued because I was in Osogbo a few months ago, it seemed like a sleepy town with not a lot going on except acute water shortage!

Mr Frank, please see the post by MT above.

What difference does it make that the proceeds from this IPO will go to Dangote personally and not the company?

How does it impact on investors that buy into this offer? In other words; would you recommend this stock?

Sorry if these questions sound naive, but I'd like to be sure of the options.

Thanks.

Mr Frank, please see the post by MT above.

What difference does it make that the proceeds from this IPO will go to Dangote personally and not the company?

How does it impact on investors that buy into this offer? In other words; would you recommend this stock?

Sorry if these questions sound naive, but I'd like to be sure of the options.

Thanks.

Mr Frank, you are the undisputed heavyweight champ! Have a fantastic birthday.

'Sure you are not under-rating yourself?

One tip is to keep it simple and natural. You don't have to mimic his lawyer friends who may use their legal terms and jargon in their conversations.

Be yourself! Going by your post and responses; your written English can hold it's own anywhere. I therefore suspect that your spoken English can't be far off. I personally beleive that language can be beautifull when kept simple. That's why I prefer Chinua Achebe to Wole Soyinka any day.

Does he make you feel nervous? Anyone can mix-up words, make mistakes and even stutter if they don't feel comfortable. Some people freeze when asked to speak at interviews, presentations and meetings etc, although they are quite eloquent when in a more natural setting.

Just like anything else, practice makes perfect, you are in Uni a great environment to meet and interact with others that will help you reach your full potential.

Meanwhile, have fun, remain positive and chin up!

Donald Duke, period!!!!!

Yep, I've had a slight crush on Thoniaslim. She had a really hot full-length photo on her profile which was completely, awesome.

Since then, she's changed it to facial pix of herself and her partner. Sadly, back to earth and reality for me.

However, he's a blessed guy and I wish them nothing but joy, happiness, laughter and fun!

Hi Pearldrops,

I'm only going by your previous posts, I thought you were a lesbo!

My apologies, if I've got it all wrong as I'm just surprised by the U-turn. Of course, it is your God given right to make any choice you deem fit.

He hasn't even spent a month in office and people are calling him a slow coach?

For crying out loud, he has made substantial concessions to the Nigerain Labour Congress (namely the revokation of the hike in the price of fuel and VAT). This decision will ease the hardship of the everyday Nigerian and also confirms the humane and considerate nature of our new president.

He personally applauded the Supreme Court ruling which returned Peter Obi to power and asked Andy Uba to immediately quit office and govt house.

If actions such as the above will characterise his style of governance, he can take all the time he needs to do it right!

[/quote]@ Mckren

In all this I don't blame the IBBs, the Danjumas, and the success of their evil machinations, blackmails against the South-East I blame our immediate Governors. Those who cry marginalisation should not marginalise themselves. I wish Igbo leaders and politicians can for once be wise, our Govs should have concentrated more developing the South-East (think of what Donald Duke did for his people) and forget the Presidency and FG politics. We can do a lot for ourselves without having an Igbo as Nigeria's President. As far as am concerned that venture is a waste of time, Nigeria's equality before the constitution only exists on paper. [quote]

Well said Bro. Orji Kalu and Governor Nnamani should have used their positions to provide basic neccessities such as good roads, health care system, water supply and an atmosphere for economic growth. Unfortunately, they decided to line their pockets with public funds and end up playing a cat and mouse game with the EFCC!

Hi Peeps, read this report on David Mark culled from sharareporters.com:


David Mark- Nigeria’s Senate president is a Belizean citizen

Last View on Sun 17th June, 2007
Last Modified on Mon 11th June, 2007 8:22:58 pm
Author: Admin Sahara


David Mark- Nigeria’s Senate president is a Belizean citizen

Investigations by Saharareporters have uncovered questionable deals involving David Alechenu Bonaventure Mark, a retired army general who was on June 5, 2007 chosen as President of the Nigerian Senate. Mark’s election to head the upper legislative chamber made him the third most powerful Nigeria in the current political order.

His election has put him firmly in the spotlight. Apart from his inexplicable accumulation of wealth while holding political positions in General Ibrahim Babangida’s regime, Mark’s apparent renunciation of his Nigerian citizenship has also come to light.

Mark’s elevation as legislative leader was preceded by a swirl of controversy. Given his shady record in public office, many critics within and outside the Senate had questioned his suitability for the exalted office of Senate President. No stranger to controversy, Mark received a boost from former President Olusegun Obasanjo. The ex-president, who shares with Mark a military background as well as corrupt self-enrichment and polygamous marriages, had handpicked the Senate President for the job.

As Nigeria’s Minister for Communications in the 1980s, David Mark acquired a reputation for speaking in a gruff manner. His most notorious gaffe was a statement that telephones were not meant for poor Nigerians. The statement was in response to criticism of the scarcity of telephone lines as well as their high cost.

Mark was then at the peak of a flourishing military career that saw him amass an incredible personal wealth that would later define his life as a member of Nigeria’s most corrupt military elite that ran the nation with repressive zeal from the early 1980s till mid-1990s.

Shortly after his swearing in as Senate President, a group of senators led by Smart Adeyemi, a freewheeling ex-president of the Nigerian Union Of Journalist (NUJ), addressed a bizarre press conference ostensibly to defend Mark. The senators claimed that unnamed persons allegedly engaged in a smear campaign against the Senate President were targeting David Mark for impeachment.

Saharareporters was the only publication that had earlier reported that the new Senate President was a fraudster and had amassed huge assets, most of it stashed away in banks and investments outside of Nigeria. Mr. Smart Adeyemi, who was accompanied by former President Obasanjo’s daughter, Iyabo Bello-Obasanjo and three others, did not address a single issue raised in our earlier reports.


Given what Saharareporters has been able to uncover since, it seems clear that the senators’ pre-emptive alarm was an attempt to cast doubt on our past and subsequent disclosures. Undeterred, Saharareporters conducted a thorough background check on the Senate President, unearthing a ton of information on his questionable wealth, lies, perjuries, adulterous lifestyle and apparent disregard for the principles of transparency and accountability.

A corrupt Life:

The first of the deals that catapulted David Mark into questionable wealth came from a $77 million “telecommunications deal” which he brokered while he was Communications Minister under General Babangida. The gist was that Mark procured aircrafts for the nation’s telephone company- NITEL- at highly inflated prices. Mark made an instant profit of $70 million which he shared with President Ibrahim Babangida in accounts opened in Jersey and Cayman Islands. From this single deal, David Mark had set aside the sum of £6 million in a “trust” for his children as well as invested in real estate for his numerous wives and children in the UK and Ireland. In a remarkable, if curious, decision, Mark also invested the sum of £5.9 pounds in the 18-hole St. Margaret’s Golf Club near Dublin, just a five- minute drive from the International Airport in Dublin, Ireland and also in an unnamed business in Northern Ireland which officially employed him while he was in the UK on exile.

He also bought a private house worth £2.5 million pounds on Kingston upon the Thames River in London.

In addition, David Mark hired a personal assistant in England to help manage his businesses in London and Ireland. He lived a life of legendary luxury, arranging for most of his kids to be born in the UK, Switzerland and other Western European nations. From kindergarten to college, most of his children also attended schools in Europe or in some of England’s highbrow institutions of learning.
According to records available to Saharareporters, David Mark has married six times, his last marriage being in Ghana in 1995 where he retains a massive investment of funds looted from Nigeria. His sixth wife also lives in London with his children. Apart from Ghana, David Mark also has investments in the Caribbean and the US and maintains hefty bank accounts in Switzerland, Cayman Islands and Jersey.

Nationality:

David Mark has always identified with reactionary elements and causes in Nigeria, thus calling to question his belief in or love for Nigeria. He was one of the key figures who prevailed on Babangida to annul the elections of June 12, 1993. That annulment scuttled Nigeria’s effort to embark on a credible democratic path. Mark and General Dogonyaro were among then serving officers who threatened to kill the president-elect, Chief M. K.O Abiola, if the military head handed over power to him.

In 2006, Mark emerged as an arrowhead of senators who supported a controversial constitutional amendment that would have seen President Obasanjo run for a third-term in office. The campaign was marked by massive corruption. The presidency handed fifty million naira to each senator who agreed to vote for the reprehensible amendment. Though the measure was defeated in the National Assembly, David Mark never gave up. He was quoted as saying that only retired military officers should be voted to power in Nigeria saying that "A sergeant in the army is better than a graduate".

Nowhere is David Mark’s unpatriotic actions more revealed than in his decision to abandon his Nigerian citizenship. Records available to Saharareporters indicate that, in 1996, Mark took up Belizean citizenship when his investments in that small island nation were threatened. Mark and his now estranged wife, Victoria Preye, as well as two of their younger kids still carry Belizean passports.

Public Officer with personal interest:

Nigeria’s Code of Conduct Bureau forbids public officers maintaining bank accounts abroad. Yet, David Mark has consistently breached this important requirement. Throughout his membership in the Senate, Mark has operated various bank accounts in the UK and elsewhere. His man of business in Ireland has a construction company component which pays him £45,000 per annum. Since he became the senator of the Federal Republic of Nigeria, official records in the UK show that David Mark traveled to the UK at least once every six weeks to cater to his private business interests. Most times, his trips and expenses were paid from the coffers of the National Assembly where he was a chairman of the Senate Committee for Banking and Commerce and a member of the Committees for Internal Affairs, African Co-operation, and National Security and Police.

In another document obtained by Saharareporters, David Mark was quoted admitting to breaching Nigeria’s code of conduct ethics. “I do come to England as often as I can, either on official business as a senator or on private visits to see my family, the majority of whom are studying here,” he said.

Further, he disclosed an earned income abroad of £45,000 a year, whilst his Nigerian income as a senator was put at £1,636 per year, clearly a lie to British authorities. His disclosure demonstrated that he operated his English bank accounts throughout the period. His sixth wife and their children lived exclusively in a house provided by him in London. David Mark spent a total of 47 days in the UK, making nine trips in all. That indicated that his affairs and interests within the UK necessitated a visit approximately every six weeks, most of the trips paid for by the National Assembly.

Nasty Divorce from Victoria Preye, his 5th wife:

The story of David Mark’s divorce has become a popular case study of sorts amongst students and practitioners of immigration law in the UK and elsewhere because of the volume of lies, concoctions and hideousness with which he tried to con his estranged wife away from her entitlements, Court documents indicate that David Alechenu Bonaventure Mark and Victoria Preye solemnized their polygamous marriage according to native law and custom in 1979. Mark was at the time married to three other women.

Victoria Preye came to London in 1990 and has not returned to Nigeria since 1993. During the regime of General Sani Abacha, David Mark was forced into exile between 1993 to 1998. During this time, he obtained a work permit enabling him to reside in the UK as an employee of a construction company owned by him which paid him £40,000 per annum. His wife was subsequently included on the permit, giving her leave to remain in England until April 1998. Mark was granted indefinite leave to remain after the expiry of the work permit in 1998, but his wife did not apply as she was in Florida for a bible course, and her husband did not tell her about the application for indefinite leave to remain.

I bet OBJ will ask Yar'adua to find 'something' for his houseboy to do in Abuja, possibly a minesterial role.

More importantly, and to complete this lovely fairy tale, Yar'adua will reply 'walahi ni bana so wanan dan iska ba' meaning 'I want nothing to do with this rascal'.

Long live justice and fairplay in the Federal Republic of Nigeria.

Kudos to the Supreme Court for quashing the election of OBJ's love-vendor.

Murtala's foreign policy was awesome and led to the independence of Mozambique, Angola and a few years later Zimbabwe.

MMH was the best Head of State Nigeria ever had!

Hi Dwayne,

My girlfriend was just telling me yesterday of a Jamaican family in Nigeria that are into the shipping business. I wasn't paying too much attention as I was trying to watch the football (men, hey?) She said their Dad came to Nigeria in the 50s married seven Nigerian wives and built himself a prosperous, shipping enterpries while he was at it!  (Yo Jamaica seen!!).

Anyways, I think she mentioned their name, the Rickets family, I'm not too sure if she's somewhat related to them, like I said earlier, I was distracted by the TV.

When I get to see her this evening,  I will get more details and post to you. By the way I'm in London too, whatever happened to the weather, hey?

Hi Cuppcakke (what a name!!!)

Does your bokerage have an office in the village/town of Oshogbo?