The Chairman, House of Representatives Committee on Information, National Orientation, Ethics and Values, Olusola Fatoba, has canvassed support for the manufacturing sector to discourage imports and boost the country’s economy.

This was just as he said clamours in some quarters for the reopening of borders were unnecessary as Nigerians should be preoccupied with how to produce what Nigerians consume rather than dependence on foreign-produced goods.

The lawmaker representing Ado/Irepodun-Ifelodun Local Government Areas of Ekiti State in the National Assembly spoke during a chat with journalists in Ado Ekiti, Ekiti State capital on Tuesday.

He said, “Re-opening the borders will not solve the economic crisis the nation has found itself, but it will rather cripple the country. I am not an advocate or a supporter of opening of our borders for foreign goods to be brought into our country.

https://nairachan.com/index.php?forums/nigeria-planet.9/page-2

Immediate past governor of Benue State, Samuel Ortom, on Friday said that his opponents deliberately crafted lies in the build-up to the 2023 general elections to ensure that he lost the election. The former governor stated that his opponents deliberately lied against him on the ownership of the Ethanol Company, known as Pure Bio Tech,

https://nairachan.com/index.php?threads/how-my-opponents-lied-against-me-ahead-of-election-ortom.1173/

The Nigeria Police Force on Friday 1,3436 suspects have been arrested for various offences, including murder, kidnapping, armed robbery, gun running, and rape, nationwide.

The police also said they recovered and seized 143 firearms, 741 ammunition, 72 stolen vehicles and have rescued 461 kidnapped victims across the country.

https://nairachan.com/index.php?threads/police-arrest-1-346-suspected-kidnappers-rapists-in-five-weeks.1013/

Man killed during morning prayer in Anambra https://nairachan.com/index.php?threads/man-killed-during-morning-prayer-in-anambra.773/unread

A yet-to-be-identified woman has been crushed to death by a 40-foot container at the Alapere area of Lagos State. PUNCH Online gathered that the accident that involved a Mack 40-foot fully loaded container fell on a Nissan car with number plate ABJ 692 BG when the driver was said to have lost control of the

Read More
https://nairachan.com/index.php?threads/woman-dies-as-container-crushes-car-in-lagos.823/

Lagos police arrest 43 suspects in midnight raid
https://nairachan.com/index.php?threads/lagos-police-arrest-43-suspects-in-midnight-raid.453/#post-499

The Bauchi State Government has disclosed that preparations are in top gear to renew its focus on the implementation of the Clean Environment policy.

The Commissioner for the Ministry of Housing and Environment Danlami Ahmed Kawule stated this while supervising the special sanitation exercise that took place at the Muda-Lawal market within the Bauchi metropolis.

Ahmed Kawule said his ministry plans to extend the policy and has secured executive approval for the extension of the exercise to other markets, residents, hospitals and MDAs across the state which the ministry targets in its sanitation exercise and hygiene net.

Kawule, who later launched a tree-planting campaign at the market, described the dedication and cooperation of the leadership of the market as commendable and appealed to other markets and public places to emulate the gesture.
https://punchng.com/bauchi-adds-more-sectors-to-hygiene-net-policy/

Pump

Thread '$BB: Blackberry - The ugly sister that you took to Prom who ended up being your bread-winner when you're going through your midlife crises.' https://nairachan.com/index.php?threads/bb-blackberry-the-ugly-sister-that-you-took-to-prom-who-ended-up-being-your-bread-winner-when-youre-going-through-your-midlife-crises.44/


> Be me, realizing $BB is the ugly duckling that turned into a golden goose mid-crisis.
> Posts DD, gets to front page. Buys more YOLO calls cause of the hype.
> **"Inverse everything, $BB is another meme trash can."
> "A $4 strike? For this week? After a drop in their main cash cow? Lol, peak WSB."
> "BB's been a joke and always will be. Oh, they're joining forces with Good? Too little, too late."**
> Reminds plebs this is WallstreetBETS, not Wallstreet Safe Space.
> Tells smooth-brains big gains come from big risks.
> Throws down the gauntlet: short it or shut it.

> Original post was like:
> **Financial dumpster fire $BB somehow up 10% YoY.** Shocking, I know.
> Pivoting to cybersecurity and IoT because literally everyone else is messing up.
> Not total trash in IoT, might actually have a shot at not being irrelevant.
> Playing 4D chess with partnerships and acquisitions, including a buddy cop movie with AWS.
> Basically, if BB doesn't drown in the kiddy pool, might just crash the adults' party.

> In conclusion:
> BB might just be the underdog story of the decade.
> Position: In deep with shares and $4 calls. If it tanks, guess I'm the clown.

CoronaVirusPro:
🤣🤣🤣🤣🤣🤣

Comeback to these same forum in 6 months time. The stock is a bubble that will burst

Already lost over 20% of its value in less than 24 hours. Be patient, your investment will disappear into thin air 🤣🤣🤣

If you believe that then you should short it

A Short's Dream Or Nightmare?

https://nairachan.com/index.php?threads/a-shorts-dream-or-nightmare-analyzing-the-divisive-djt-stock.38/


Let’s start by looking at the popular opinions on $DJT that are making the rounds.

Bear:

Trump Media & Technology Group does not have the fundamentals to justify its current evaluation.

This stock is largely dependent on a single individual, Donald Trump, who is undergoing a litany of legal cases. These cases will force him to loan or sell shares of $DJT, which would likely sink the share price.

The price is current at $60.00?! Everyone will definitely sell and I’m going to make a killing on the downfall.

Bull:

This is Donald Trump’s company? He wants to restore free speech? I want to be a part of this, so I’m gonna buy shares.

Donald Trump’s company just went public? This guy is the world’s #1 self-promotor & people are going to go crazy for this. I’m in.

The price is currently at $60.00?! I can get in early and in 10 years this thing will go 10x

Like everything that relates to Donald Trump. $DJT is polarizing subject. Some would relish in seeing this thing completely and utterly fail, while others hope to see this truly succeed.

So why does this matter? If you happen to be in the I don’t GAF camp, I’m just here to make money. Then here’s why it matters, the politics of this stock has created a massive short squeeze opportunity the likes we haven’t seen since the stock who shall not be named (... "we like the stock".

Let’s take a look, starting with the most recent ORTEX data:

SI Overview
1 the Short interest value is $278.73 million.
2 the Cost to Borrow is at 342.71%.
For those who don’t follow this kind of thing, most stocks, especially those that are widely held and traded have a relatively low cost to borrow rate, often below 5%. Stocks that are in high demand for shorting, have limited availability, or are perceived as having higher risk may have significantly higher borrowing costs. Rates above 20% are generally considered high and indicate a particular set of circumstances that makes shorting those stocks more expensive. 290.65% annual borrowing cost is far outside the norm, It suggests an exceptionally high demand to short the stock, combined with a very limited supply of shares to borrow. Here’s where things get interesting…

Let’s take a look at how much shorts are spending daily with these numbers:

(SI * CTB) / days per year = cost per day.

($278,730,000 * 342.71%) / 365 = $2,617,083 per day the shorts are paying to borrow & short $DJT!
How did shorts do lasts week with these high rates and high demand for $DJT?


They took a $95 million loss, lol!

So what are shorts doing now? Are they running for the hills? Are they declaring defeat?

r/wallstreetbets - A Short's Dream Or Nightmare? 💭
Photo for mobile device

Nope… They’re doubling down. Last Thursday they borrowed over 879k shares at a borrow rate of ~ 600+%!!!

Which brings up the question. What are the shorts betting on?

It’s simple, the shorts are betting that they can get shareholders to sell based off the fundamentals of $DJT. Is this company making money? Is it worth the current valuation? The answer is no and no one would hold after acquiring these gains, right?

What they aren’t realizing here is Trump supporters are holding $DJT. The same people who after 2 impeachments, 4 indictments, Jan 6th, “Grab em’ by the p****”, $DWAC SEC investigations, <insert random scandal here>, aren’t leaving his side. They are still buying his $400 shoes for over $450,000, buying 110,000 of his $100 “Trump baseball cards”, and more than anything, still voting for him. These people would march through the gates of hell for Trump and would die before selling their shares. The shorts are GROSSLY underestimating to what lengths these people will go for Donald Trump.

This brings us to the crux of the situation. The shorts need to keep the price down and are throwing the kitchen sink at it. If they can’t, they will be forced to cover 4.5 million shares worth at whatever price the holders deem their shares are worth. All this while it’s costing the shorts $2,617,083 dollars per day to keep this going & it costs $DJT holders nothing. It’s quite clear which side can outlast the other in this situation.

That’s all I have to share for now. I hold $DJT shares and options. Obviously the squeeze would become more likely if investors buy shares in addition to options. Feel free to double check and correct any of my info. Good luck to everyone no matter what side you fall on. Hopefully we all can make some money on this.

Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reaction To This?

Lagos Police Arrest 19-Year-Old Attempting to Snatch Patrol Bike

Policemen attached to the Lagos Rapid Response Squad, on Sunday, foiled an attempt to hijack their patrol bike in Ikeja.

A 19-year-old suspect, Akinjobi Wahab, was arrested as four accomplices escaped.

The command's Public Relations Officer, Benjamin Hundeyin, disclosed this in a statement on Sunday.

Hundeyin stated that the officers were on a patrol in plain clothes when the machete -wielding suspect tried

https://punchng.com/lagos-police-arrest-19-year-old-attempting-to-snatch-patrol-bike/

The Taraba State Police Command has stated that three children died in Didango Geita village, Karim Lamido Local Government Area of the state following a suspected “accidental discharge” from a dane gun.

The state Commissioner of Police, David Iloyonomon, stated this while refuting claims made by some villagers who attributed the deaths to an explosion from Improvised Explosive Devices, Channels TV reports Sunday.

Iloyonomon stated that the gunpowder from the dane gun later exploded and killed them.

The CP said the three deceased children were playing on a tree while four others who sustained injuries were on the ground, as they are receiving treatment at the state specialist hospital in Jalingo, the state capital.

https://punchng.com/gun-explosion-killed-three-children-in-taraba-police/

link

This man just needs to stop it already

DriggityDre:
Nice o.
I can see you are an anime fan
Originality should be part of your main focus though.
The site is still good for a first.

Are those original anime characters, if I may ask?
Is the site built on coding?
Apologies for the sudden questions. I am just intrigued.

no unfortunately they are not original, I plan to make some in the future if it takes off. I made the site because I notice that there are many Nigerians do not even know what an Imageboard is and I think the anonymous nature and the ease of posting images will intrigued them. And they are very popular in Japan and and America so why not nigeria. And it is built on karena imageboard code

I'm watching Dexter

DriggityDre:

Oh, sorry didn't see that. The name and logo is identical to Nairaland's though.
When did you start, btw?

I started it today

Here's my memes

Nice one I laughed and cried

I could go for some dino tacos right now

She it here

DanjaNinja:


You are wrong on many counts. Yes, Trump won the election but he won due to the electoral college. He lost the popular vote by 3million votes. It’s funny that America - the acclaimed land of the free - doesn’t work on the principle of one man one vote. And na them go dey preach give us about justice and equality.

one man one vote is a scam because people in densely populated think the same. And that means that all the big cities will pick the president which is retardation

Beey:
Actually the world needs to unite against China. Trump said something very important in his speech. That China locked down Wuhan natives from traveling to Beijing & other cities.The virus didn’t reach those cities.But was okay to let people travel to the rest of the world .I think we’ve hit 100,000 deaths in the US

yes I agree a WW3 against china

Beey:
Thank you my president. WHO has turned into a puppet for China. They pull the strings in whichever way they wish. Cutting ties with them is actually a welcome development and good riddance to rubbish.

I kind wish america declares war on China that have u leashed this virus onto the world and the amount of other crimes china has done. It's time for them to pay their debts