gidgiddy:


Oh I see. Ironsi made it hard for Region's to collect their resources? Is that the age old lie they told you? Well for your information, there were 4 Region's when Ironsi took over, and there 4 Region's when Ironsi was killed. The only thing the Region's did not have was democracy, it was military rule. But all 4 Region's had resource control

The person who abolished all 4 Region's, and created 12 states to replace them, was Gowon, using decree 14. Gowon then followed it up with Decree 15 that ended resource control. Gowons Decree 14 and Decree 15 are below in black and white. Subsequent military rulers kept dividing Nigeria up till we got to 36 states

You should thank Ironsi, he was the only military head of state who kept the 4 Region's he met, and allowed them resource control, others did not

Why not also upload Gowon's gazette and in it show us where Gowon decreed that resource control had been outlawed?

DeepThroater:


So reducing regions to mere provinces under a fiat military dictatorship and collapsing all the respective regional civil services into the national civil service thus denying the now reduced provinces authority to collect revenue is what to you ?

You guys can lie even in the face of the raw truth.

They are shameless revisionists.

Locotrader:
Oando, Dangote sugar and Nascon Don weak our brothers and sisters at Nsempa and general market.

It's good like this so that sanity will return

nku5:


I am not the author of "Why we struck"

The coalition of Akintola's AG faction with the NPC (NNDP) was planning to wipe out the coalition of NCNC and Awo's AG faction (UPGA). H.O. Davies exposed it, Ademoyega confirmed it. I understand Its painful for you to accept but eventually it will sink in.

"Why We Struck" is a hurriedly assembled plethora of lies and incoherent claims aimed at rationalizing a senseless killing spree by the friends of the author. No author of a controversial topic writes to indict himself of guilt. Therefore when you read a book, you don't swallow everything hook line and sinker, but you read between the lines in order to separate the author's lies from the truth.
For example, in one part of the book the author of "Why We Struck" claims that the coup was conceived as far back as 1961. But in another page he claims that the coup was inspired in him and his accomplices by the corruption in government. Now the logical question is this, the dawn of 1961 was just roughly two months into the administration of Tafawa Balewa, thus how could a government that had hardly even settled down to business have within just two months perpetrated a level of corruption that could inspire a coup plot in any army officer? There are many other silly claims which fail the test of common sense as the one I just mentioned above.

And how come of all books written about the coup, only "Why We Struck" titillates the fancy of the average Igbo man even though it was authored by a man from the very Yoruba ethnic group which you Igbos accuse of propaganda, lies, revisionism, etc?

I have read through why we struck and it didn't take me much to identify too many logical incoherence and chronological defects in the author's averments.

nku5:


The concept of representation is alien to you I see
Your understanding of the 1st Republic and the dynamics of the time is too pedestrian. Deepen your knowledge

In an attempt to wear a lie the appearance of truth, logicality is usually the first casualty.

You obviously didn't read your Vanguard citation in between the lines else you wouldn't have missed where you have in in that:

1. Ahmadu Bello broke the ten year old NPC-NCNC alliance in 1964. This suggests that the Azikiwe Balewa governing coalition was formed in 1954 whereas all records have it that it came into being at independence (1960) on the necessity of surmounting the impasse occasioned by the fact that no party got simple majority in the first ballot of 1959.
2. That Azikiwe refused to formally call on Balewa to form the government. This means Azikiwe still had the status of President which he still clung tightly thus still an integral part of the allegedly jihad plotting government. And in the end he eventually called upon Balewa to form the government.
You fool no one with your revisionist tales.

garfield1:


Only in akoko edo

Even in AKOKO-EDO there are actually no indigenous Yorubas. The tribes in AKOKO-EDO are Okpameri Etuno, Uneme, Ososo, Okpe, Atteh, etc. none speaks Yoruba as mother tongue. The only Yorubas to ever exist indigenously to AKOKO-EDO are the people of Imeri who however have since 1992 been added to Ondo State where their genuine kit and kin are.

PlasmaTV:
I'm seeing many comments up there,and I am disappointed that rational and thinking adults are dissing LP supporters. Assuming you lot were thinking,you'd know that APC met dollar to naira at less than N250/$1. Buhari left it at around N700/$1,which is gross failure.

Tinubu came on board,and in less than a year, dollar ramped up to N1,800/$1.

They're working hard,admittedly, to bring it down and some unscrupulous elements are angry that we are not jumping around cos the naira is rising.

Well,consider me unimpressed until the dollar gets to N200/$1. Until then, all these shenanigans are still a pointer to party failure.

You seem to have forgotten that PDP met Dollar at less than N80 in 1999 but took it to over N200 as at 2015

gidgiddy:


And both men woukd later bitterly regret it. The good thing is tgat the present generation have had a long time, since Zik and Ironsi's time, to finally see that "one Nigeria" is a disaster, which will make seperation much easier. The white man should never have brought us together

At a point in time the White man gave consideration to the fact that it could possibly be a mistake on his part to keep attempting to join us together. He therefore gave opportunity for debate in order for himself to have a first hand knowledge that we all actually unanimously wanted an end to his experiment, but unfortunately Zik destroyed that unanimity the white man was watching out for as evidence that he was mistaken. In essence Zik and his cheerleaders gave his experiment a lifeline.

gidgiddy:


Wether minority or majority, it was a big mistake the British made bringing us together, Nigeria proved to be a disaster. We should all seperate, go our seperate ways and mane our lands how best we know how

The union of Nigeria has been an unmitigated disaster that has done nobody any good

No honest person doesn't know and acknowledge that the unity of Nigeria was going to be a great disaster but your blaming the British for it is dishonest. Azikiwe and Ironsi who forcefully resisted all attempts made to make Nigerian break-up easy were not British men. Please take note.

nku5:


Akintola was a key part of the plot to "wallop the West"(jihad) That's the truth and crux of the matter. If you disagree argue with H.O.Davies and Ademoyega

The government allegedly plotting jihad had Zik and Okpara in it.

nku5:


What ever helps you cope with the truth my friend

A 'truth' which fails the simplest test of logic and common sense.

Mpeace:
Notore chemicals; shareprice 62naira, eps -70.[minus seventy] na wa oh

The most notorious stock full of ironies.

Sirseedorf:
Reactant, Reactor, Reactivise and Reactorant Obi

nku5:


Akintola's NNDP alliance with the NPC meant that the UPGA crew of Zik, Nwafor Orizu etc were not just frozen out of the inner workings of government but were also prime targets. Akintola didn't care for the outcome, despite the ravages of operation wetie...a truly amoral human being

Does this change the fact that Zik and Nwafor refused to resign from a Jihad-plotting government?

yMcy56:

UNITY on full bid @2.27.....

Please what's the update?

9free:

The way Jaiz will be looking at Unity bank

What is the update please?

ProphetUtuocha:
I agree completely that the folks running O na O are a bunch of phoney characters, lacking in principle and discipline, and clearly driven by multi-faceted greed. In saner societies, they would have been held to account for their illicit actions. Unfortunately, this is Nigeria!

Hmmmmm....

chipa:

To be Frank with you though it looks like a joke it looks like what is happening. Let ask ourselves why is Access bank the only bank that had it's audited financial account approved? Because the dividend payout to shareholders was so small from N17+ EPS you just gave paltry N2.10 to the owners of the bank and you are still coming to the same owners to ask for more money? Please judge this case. I know some others may be finding it difficult to get their account approved maybe because they want to reward their shareholders well and ask for more money so that their banks can expand make more money and pay them better dividend next time. That makes better sense. I pray that at the end of the day reasoning will prevail.
Let Access bank don't think it is over yet because the money they failed to pay their shareholders in dividends will be used in doing extensive marketing for their public offer or right issue. Secondary they will use their retained earnings to pump up their price before coming to the market.
On a more humorous note the saying that we are what we eat. I remembered one bank that had such characteristics before 2008. (Intercontinental bank) That was swallowed by access bank would I now say that Access bank is like what it eats......... Thanks.

Well said

Coolcash1:
International Breweries loss for the year now magnified to N70billion…phew! This stock has no business selling above N1.

https://doclib.ngxgroup.com/Financial_NewsDocs/40765_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

I kept on finding the hype it receives here difficult to understand.

emmanuelewumi:
Transcorp Power had about 80 million shares before listing, bonus shares given to pioneer shareholders increased the shares to 7.5 billion.


But the company decided to use 80 million shares for their EPS calculation instead of 7.5 billion which is the current outstanding shares of the company

Na waya.

SonofElElyonRet:


Hope Tony does the same abracadabra with transpower.... I hold some... so far he's done it with the hotel and transcorp which by my own estimation is also over priced

I have always feared to venture into anything TRANSCORP. Even this TRANSPOWER hope of getting to N1000 in imitation of GEREGU looks like a tall dream in my eye. Should it even get to N1000, It is not likely to stay there for more than two days before racing down in a free fall.

Mpeace:
Transcorp hotel of 97, paying dividend of only 20kobo.

onegentleguy:


On the part in bold, broadly yes.

But there's also plan B.

A few banks may decide to go the route of a bonus issue, which is another means of issuing share capital and increasing their paid-up/paid-in capital, instead of a rights issue.
There's also a possibility that some banks might decide on both a plan A and B (ref: rights issue and bonus issue)

The way to guage the probability that a bank could do a plan B (either alone or coupled with a plan A) would be to look at the anatomy of her SCS and juxtapose it with her SPA and FF/OS
For instance, FCMB, STANBIC IBTC and ETI could decide to do a bonus issue. (note the use of the term "could")

There was a reason I initially recommended STERLING BANK @ N1.4+ and still went ahead to include it in my 1st outline/recommendations and investment guide (not series 2) @ N3+ after it had already achieved a massive 126% CGY.
Well, Mr STERLING would later rally to N7+ printing an astronomical 415% and 110% CGY from the initial entry peg of N1.4+ and N3.4 respectively.
Aside fundamentals and technicals, the decision to adopt a holding coy structure was going to be a favourable one for the bank.
There was also a reason I fell in love with GTCO @ N17+ prior to that time.
Recall I kept screaming that the bank was a buy at the time but perhaps some persons were waiting for the price to drop to 80k.

Saying that I also like JAIZ BANK, another asset that was recommended in the 1st outline @ N1.4--1.5, should already be taken for granted.
Congratulations to all those who sold @ N4 booking an impressive 185% CGY.
...I still like JAIZ BANK and a few other banking coys. (gave reasons and clue in many of my previous post)

But of course, I also love a few other asset names!

For those who've got the outline/recommendations and investment guide--Series 2, hang in there and be happy to hold. Some are already a bit up and rallying... others will follow suit in time!

It is well

RenaissanceGuy:
Seun, can I pay you N500m for you to delete this thread?? This thread contributed to Obi's loss last year. Peeelease

While not missing your sarcasm, I say no to any suggestion to pull down this thread. It must be left standing at least to expose the hypocrisy behind this Obidient movement.

Alexis11:


😂 😂 😂

E shock me too. The first time I saw this thread I opened mouth for 10 minutes I forgot to close it.

When I first saw the link to this thread posted in another recent thread, I thought the monicker who posted it was just trying to make up a story hence I initially ignored it. But something just kept on telling me to open it and I did. Till this moment I still have this feeling that I am in a dream because the very monikers who took Obi to the cleaners here for failing in Anambra are the very ones now saying to him, 'Hossana, Hosanna Hosanna....'
This is terrible!

I can't believe that the Peter Obi being talked about here is the same as that now being adjudged the messiah of Nigeria.

Oseni Rufai might have already stepped foot on the road to insults and name-calling by those who had adjudged him a hero of journalism.

IfnobeGod20:

Please stop confusing yourself, no writer of anyone biography will write it from the blues. They made consultation before writing it. You're just out to belittle the work of biographer as to look as if they manufacture their works.

You are the one confusing yourself. If the newspaper that published that Obi claims to have started from PDP lied, then Obi would have sued him. You are the one out to belittle a news outfit just because a truth it published does not align with your sentiment

IfnobeGod20:

Is the person going to write the biography from the moon and not consult the owner? Do you think biographies are written from the blues? The writer interface with the person please.

The mere fact that biography is different from autobiography is enough reason that biography writers are infallible.

yMcy56:
UCAP is here!
https://doclib.ngxgroup.com/Financial_NewsDocs/40624_UNITED_CAPITAL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

UCAP Corporate Action
Final Dividend: N1.80k
Qualification Date: April 9, 2024
Payment Date: April 23, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40633_UNITED_CAPITAL_PLC-DIVIDEND_INFORMATION_CORPORATE_ACTIONS_MARCH_2024.pdf


ACCESS
https://doclib.ngxgroup.com/Financial_NewsDocs/40621_ACCESS_HOLDINGS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

ACCESS Corporate Action
Final Dividend: N1.80k
Qualification Date: April 10, 2024
Payment Date: April 19, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40622_ACCESS_HOLDINGS_PLC-CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_MARCH_2024.pdf

Then it means the rumoured bonus for UCAP by some folks here was more a wish than anything else.

IfnobeGod20:

I have tried to link up with this your link but all my efforts to do so yielded no fruit. No single biography of Peter Obi captured that he started as PDP man. I have watched him severally been interviewed and I have not heard him saying he began politics with PDP, all his story has been how he joined politics through APGA. Here below is a link of his biography and all the parties he has joined with date. Nowhere it was mentioned he was in PDP before APGA.
https://www.google.com/amp/s/www.nairapen.com/posts/biography-of-peter-obi/amp. I am saying it without mincing words, Peter Obi began his political journey from APGA in 2002, you guys should stop making up lie from newsline

The person who wrote that biography is not infallible

IfnobeGod20:

As at that time was he a card carrying member of PDP? If he was, he was to resigned officially before joining APGA. It was the same year he joined APGA and the next year he vied for governorship election and won. His membership was just a detour.

He himself said it verbatim in the link that he was a PDP member. I wonder why you are now trying to speak for him by asking whether he was a card carrying member as if he didn't know it takes being a registered member of a party before anyone can really claim its membership in full public glare for that matter.