₦airaland Forum

lagos pipu don comot nairaland?
abi na fear dey cash una?

mods, avoid another MMM type of scam.

most people who buy land near there are bound for regret.

it's also possible that a housing bubble forms there that affects the whole state in 3-5 years.

therefore we have an obligation to inform people.

lalasticlala…

Edoloaded:
I won't say much...

Just think about it

utter rubbish.
it's your Christian parents and grandparents that sold your future to the north for peanuts.
go and check your history.

Modified:
unbeknownst to most Nigerians, every northern state had a large Christian population.
this was before the civil war.
even now, Google 'church in :' and add any northern state.
you'll be shocked.
so when people are being killed there and you assume they're Muslims, who's being foolish?

I hear sanwo-olu has large 2019 governorship campaign banners all over the state.

meanwhile inec said December 1st is beginning of campaigns:
http://dailypost.ng/2018/05/03/2019-no-political-campaign-december-2018-inec-warns/

can anyone confirm?

e go pain propati pipu, beht safety fest.

…

In Port Arthur Texas, home to eight oil and chemical industrial sites, the egg-like, putrid smell of toxic chemicals spews from oil refinery smokestacks every hour of every day.

That stench stands as a reminder to the people who live there that what they smell and breathe is, indeed, making them sick.

Port Arthur, comprised primarily of people of color, is located in an area where cancer rates are 15 percent higher among African Americans than they are for the average Texan. And mortality rates from cancer in Jefferson County where Port Arthur is situated are 40 percent higher, according to the Texas Cancer Registry.
In Houston, Texas, the largely Latino neighborhood of Manchester is home to the Valero oil refinery and lymphocytic leukemia rates are 56 percent higher for children.

This issue is not limited to these communities alone.

Each year, the nation’s nearly 150 oil refineries operating in 32 states emit thousands of tons of hazardous air pollutants, including substances that cause cancer. This problem impacts everyone. Half of the people that are at an increased cancer risk from refineries’ pollution are people of color. Latinos, African Americans and low-income people are more likely to live near refineries and, unfortunately, those groups face significantly higher cancer rates than other groups.

https://www.huffingtonpost.com/entry/communities-near-oil-refi_b_5662559
…
You still think buying land anywhere near dangote's refinery is wise?
Share with your loved ones.
Even your enemies.

lalasticlala, mynd44, lawyer:
mods, save a soul-
and a pocket.

In Port Arthur Texas, home to eight oil and chemical industrial sites, the egg-like, putrid smell of toxic chemicals spews from oil refinery smokestacks every hour of every day.

That stench stands as a reminder to the people who live there that what they smell and breathe is, indeed, making them sick.

Port Arthur, comprised primarily of people of color, is located in an area where cancer rates are 15 percent higher among African Americans than they are for the average Texan. And mortality rates from cancer in Jefferson County where Port Arthur is situated are 40 percent higher, according to the Texas Cancer Registry.

In Houston, Texas, the largely Latino neighborhood of Manchester is home to the Valero oil refinery and lymphocytic leukemia rates are 56 percent higher for children.

This issue is not limited to these communities alone.

Each year, the nation’s nearly 150 oil refineries operating in 32 states emit thousands of tons of hazardous air pollutants, including substances that cause cancer. This problem impacts everyone. Half of the people that are at an increased cancer risk from refineries’ pollution are people of color. Latinos, African Americans and low-income people are more likely to live near refineries and, unfortunately, those groups face significantly higher cancer rates than other groups.

https://www.huffingtonpost.com/entry/communities-near-oil-refi_b_5662559

you still think buying land anywhere near dangote's refinery is wise?

in fact, dis won rish for in own topic.
ahdey com, maka go post am.

KanwuliaExtra:
NONE!

lol u do resach?

mods, pls indulge d unusual format
I'm helping a friend advertise for her uncle.
I only copied and pasted here o!

Pls if you have interest in buying one propati.
a plot of land with 2bedroom flat on it,dey just roof it.no door,window&burglary.
#2.8m
Straight from d owner with lawyer's documents
Own compound
Land&lawyer's papers
Ajebo oreta,ikorodu Lagos
It's face road,not too far to oosa
Residential & it can be use for business, government security warrant.
The owner want to relocate
Note is a new site but electricity is nearby.

pls call 0814 733 6703, 0802 349 7915
…
that's all the info I have. pointless axin me kweshun.
pls call her for inquiries.

KanwuliaExtra:
NO WAEC?
You dey find assets?

guy, leav dat gist
just work wit me k?
how many politicians do u know whose assets form is public?

I know of late president yar'adua.
who else?
pls provide names and offices held
just be patient. dis gist is going somewhere.
it will trigger a lightbulb moment.
una go para for dis strike!
oya, add ur own.
let's go there!

SarkinYarki:
You know nothing about business so keep quiet !!! Go and bring back the repatriated money na .... the last fine who lost ? Nigeria or MTN ? NIGERIA Of course...you wonder why Buhari govt keeps failing it's because of such shallow minds that line their ranks .... Gragra is not smartness

guy, wetin dey do u?
must u drag mata wit diz pipu?!
shu!
wen u go Len to leav rubbish for Lawma?

Reference:
Will you shut this brazen stupidity. People who have what you need are telling you what they want and you are talking trash. You cannot pay your workers. You borrow to build your roads thus mortgaging your childrens future and here are people willing to partner and you are insulting.

You think investors don't have conditions and will just throw their money into any hole they find. If you go to a bank to borrow won't the bank give you conditions. If you borrow dollar will you repay naira. If I told you to bring money to invest in my business and I told you that you cannot get it back, what will you say. Did MTN bring naira into this country in 2001.

If this silly government cannot sit up and clean its investment house then it should hang up a sign that clearly reads "closed for business" and we should go a borrowing. Thr same conditions these multinationals give us is the same they give to every country they invest in. Nigeria cannot expect to be treated differently.

If this government is concerned about capital flight they should turn their attention to multinational contrators who come briefcase in hand and are awarded multibilkion dollar contracts to offer services we have not been able to localise in sixty years of independence. Some of these contrators came into Nigeria in the seventies and eighties and have laid down to skewer the economy being a constant feature on our annual budgets while ferrying scarce forex back home. The government has no problems withthese since their slices of the pie are guaranteed but because investors don't 'shake body' they are subjected to frustrating, vindictive practices and policies.

Continue down to the path of destruction with jaudiced thinking . Shey strike is coming. You will beg for investment at any condition. Just wait..... broke ass folks deceiving themselves.... nonsense.

see dis won, trying to teach a stone wall maths.
u refuse to recognyz say na blokheds u dey folo yan.
well, na u go taya!

Vatsyayana:
I shouldn't be bantering principles of law with you. You won't understand. You're ignorant.

heheh
prinsipus of law.
oshey!
odnari kweshun dey hard u ansa.
see dodging.

PHIPEX:
All these and more were said when Soludo did same for commercial banks, looking back you can tell it worked. Solid Mfbs will effectively implement the microfinance policies and give confidence to investors and depositors. As at today most depositors fear to use most of the Mfbs because of the possibility of collapse. This policy will solve that problem and introduce professionalism in the sector.

ur ryt.
but my point is, this is the easy and lazy way out.
its harder to support these small firms than it is to simply change policy-
which you should do in a growing economy, instead of in such a harsh climate.

its like demanding that ur children must pass well enough to jump a class, just because u want to spend less on their education.
and the excuse u give is that 'those who do it, do they have two heads?'
but have u given the children the support and training they need in order to meet ur demands?

Vatsyayana:
I have not learnt Jack from you.
It shows you lack absolute understanding of what rule of law means. Why did Fayose hand over to Fayemi since they're currently at the Tribunal.
Seriously, you're not a lawyer, I am. From your submissions I know you don't understand jack about how the law operates.

oooohhh, lord!
wish kyn nonsense b dis!
Mr lawyer,
when you go to court to challenge a sitting governor's election, are you acknowledging or opposing his occupation of the office?
abi, wish kyn law school u go, Toronto?

Optional09:
Stop rejecting your best minds, this guy has proffer a lot of solutions for countries outside Nigeria and he’s respected but yet you guys are rejecting him. The same way you rejected Anthony Joshua and he’s now now the champion of the world for United Kingdom’s. That’s what you do to your good products you reject them and they’re doing wonders around the world for another countries.

The same Sowore, Nigeria expelled him from the Univerty. The United States made him a lecturer in a university in New York USA

reject keh! who reject am?!
bros, if you employ a first class student, will you train him to do the job properly?
or expect him to know all the processes from what he learnt in his studies?
in all the elective positions in the land, he should pick one he can handle and prove his worth so we all know his competence.
to give advice easy, na to do d wok b d koko.
just ask all football fans.
they're all sitting room coaches!

tesppidd:
Look at them above, children of hate.

As if Jonathan and Obj never disobeyed any single court order!
As if we have ever had an African President who never violated a single court order!


Four the past 4 years it was always

"How can a 72 year old man be presiding over us"


Now that they have gone & brought out a 72 year old Atiku they have turned Buhari to 87 years old within 2 months!



80 percent of the populace cursing the leaders are actually worse than them!

90 percent of the populace cursing the leaders would do worse than them!


Stinking hypocrites!

They have wailed since that fateful day Orubebe passed them the barton.

They will wail on until 2023.

omo, c my amazement

u jus tun bak giv d topic, com leav road, dey run enta bush!

shu!!

Asek1:
Am so effing disappointed in this man

Treating humans like slaves when he could actually do better

But then I tend to forget that he has been infected with the notorious APC virus

he can only do what his boss tells him to do.

Optional09:
Lets support Sowore, I am positive he will explore the best expertise to get stuffs done.

He said he will protect our women from any kind of arrasment. Importantly sexual arrasment l.

sori, if elected sowore will fail.
he completely lacks work experience in any relevant public capacity.
meanwhile-
ecommerce is different from factory production.
if he went from sahara reporters to run thisday, it will go bankrupt in 3 yrs, max.

To start with, forget dangote.
Govt will pay for his crude in dollars, so the current subsidies will only reduce by shipping costs.

Subsidy/Under recovery = $2,537,704.92/day
= $926,262,296/year

https://nairametrics.com/nnpc-now-pays-%25E2%2582%25A6774-million-as-under-recovery-daily-consumption-hits-50-million-liters/

https://www.thisdaylive.com/index.php/2018/04/06/kachikwu-puts-under-recovery-on-petrol-imports-at-n1-4tn/
…

Kachiku: we need $1.2 billion to fix refineries. (That's N366 billion)

https://www.thecable.ng/kachikwu-need-1-2bn-repair-nnpc-refineries/

This means that with 80 million in extreme poverty, a monthly contribution of N350 from the remain 100 million of us will finance the repairs of all refineries in Nigeria?!
In 1 year?!?
…

So instead of fixing your car, you park it, maintain your driver and use uber everyday?
Have you lost your mind?!?

#Lazynigerianyouths, shey na una kuku be mumu?
…

I go yab una taya today!

…

Now, cost of producing 1 litre petrol as follows:
For instance, the refinery cost of fuel at the United States Gulf Coast was put at $1.64 per gallon, which amounted to N135.19 per litre at the current official exchange rate of N305 per dollar.
While it cost $1.70 per gallon, amounting to N140.14 per litre at the New York Harbour,
It also cost $550 per tonne, amounting to N125.05 per litre at Rotterdam based on the nation’s N305 to a dollar exchange rate.

https://www.vanguardngr.com/2018/01/new-refineries-solution-nigerias-fuel-challenge/

…

THIS MEANS THE UNDER RECOVERY OF $926,262,296/YEAR WILL BE SAVED!!

So if you deregulate, refine locally and sell your products, pump price will likely be under N150/litre, nationwide!
MAYBE EVEN LESS THAN N145/LITRE!!
Wetin com do una wey all d refinery dey do 14% capacity?!
Una dey mad nii?!?

Modified-
ahdon change d topic.
las las, wen una c dola, una go open tred.
smh

Vatsyayana:
Ignorantia lege non excusat.
Swipe yourself off the ignorance you wear as a badge.
It is a treasonable offense and a breach of the Constitution of Nigeria to refuse to recognize someone who has been constitutionally elected and sworn.

oga Latin, Pele o.
for example:
if u lose governorship election- but go to court, claiming rigging- will u acknowledge the sworn in executive governor?
again, it's the office that's referred to; the person occupying it is immaterial.
I hope you've learnt something today?
Latin master

businesslineTV:
This is commendable coming from the CBN. Most of this MFB's were already drifting from their mandate, and considering the Naira/dollar exchange rate plus other forces of inflation et al the capital base was no longer sustainable and very unhealthy. The banks have till 2020 to recapitalize and so their time starts now.

Commendable move once again from the CBN. Keeps the industry healthy and rural poor man's deposit safe.

when you have a few minutes during the week, walk into any mfb near you and ask them the pros and cons of this policy, k?
promise to share the answer you get?

Lifestone:
@ N370/$1, N20million capital base means about $54,054 which is ridiculous for any deposit taking institutions. When the Mfbs were originally licensed, the exchange rate was about N100/$1 (I.e $200,000).
The new directive will certainly trigger off a new round of mergers in the sector, while some will have her license withdrawn at the end.

who will invest in a microfinance bank, when big banks like Skye can fail just like that?

iammo:
many MFB can't afford such huge capital base, this might end up in many closing up businesses. And it would directly affect traders and small scale businesses depending on micro finance facilities , as commercial bank interest rate and terms and agreement of loan isn't favourable for small entrepreneur, even big guys like innosun can't meet up with their terms. At a point where we just got out of recession, government needs to reduce the burden its putting business owners whether through multiple taxation or unfavorable policies. The propaganda ease of doing business is just a mere mouth making exercise. For a new startup trying to float a new business, many tax and policy coupled with government controlled external factors like fuel price, electricity price cost of forex already makes most business not feasible or profitable, adding a new strain to the MFB is harmful at this time when even the factories and big businesses are exiting the economy

hm, most of us will be shocked at the number of taxes a new firm has to pay! why on earth will a sane country have these kinds of laws?!

itiswellandwell:
Wise people who have funds in micro finance banks should be vigilant and be alert or even do the needful of withdrawing their funds.


8GB Atm card flash drives for sale. Check my signature.

in the short term (12/2020), is might be the safest- even only- option for depositors. in this economy, who won troway money?! abi dis won na new MMM?

adecz:
Where do they expect the MFBs to
get this type of money in this harsh Economy?


The macroeconomic environment is
so harsh that government is moving
from country to country, begging for loans
and selling off national assets
to keep the country afloat.

These APC government is just full of
clueless charlatans.

Tufiakwa!!!

this even goes beyond funding the new base. when the unqualified/merged banks close, where will their customers go to access loans? how far will they travel?
if the CBN failed to properly assess Skye bank which folded up last month, how will it monitor/assess thousands of microfinance banks

kolafolabi:
This is heartless and cruel from CBN.. This country has turned to something else.. ATIKU2019

it's actually quite different from being evil- most policy makers are out of touch with the real world. the question is, who was consulted before this policy was drawn up?

PHIPEX:
As difficult as it appears this a policy in the right direction. It'll stabilize the sector that's still at the risk of collapse. Merger and acquisition is the way to go.

It'll drive competition and stability as was seen in the commercial bank. Having about 100 stable mfbs is better than over 4000 mushroom Mfbs.

you stabilize micro enterprise institutions by securing/guaranteeing deposits, improving monitoring, more effective operations; and other policies that draw micro enterprises to access loans near their point of business.
govt keeps wailing that many people are unbanked and there's too much liquidity in the market, yet its policies are reducing access to banks, creating uncertainty and appear to be deliberately aimed at making inclusion harder.
what stops the CBN from employing field assessors to monitor, advise, even market MFBs?

omoelerin1:
Everything is not politics mhen.
This is CBN policy.

consecutively bad decisions means the politicians in power lack adequate knowledge to query such policy suggestions. why devalue your currency and still have to defend it every single day, with billions of dollars?! and yet, manufacturers still find it hard to access same dollars!
its madness!

henrybomb:
08162308045

haywayboi:
08034553959

ashatoda:
08181615927

uchman80:
08138366688

una well atol?
wot r u dropping number for?
describe what u expect t receive?

DAVIDMOE:
those angry mod may ban my account

no mod will ban a genuine post, but let's say ur ryt:
add d site's referral link and ur whatsapp line/link to ur signature.
at least ur permitted t do that.
till then, scam until proven otherwise.
end of discussion.

I don confam!

d op was right o!!

pls who has any gist on the reasons for this?!

this is a terrifying prospect o!

mods, pls FP na, na, na!!

lalasticlala, mynd44, SEUN, naijacutee , FOD , dominique , puskin

Profit before tax
The profit before tax for the company dropped from N18.01 billion in Q3 2017 to N4.45 billion in the same period 2018. This represents a 75.29% drop year-on-year.

Profit After Tax
Profit After Tax also dropped from 13.05 billion in Q3 2017 to 3.26 billion in the same period 2018. This represents a 75.01% drop year-on-year.

Earnings Per Share
Earnings Per Share dropped to N0.65 in Q3 2018 from 2.61 in the same period in 2017. This represents a 75.1% drop year-on-year.

https://nairametrics.com/dangote-flour-mills-revenue-plummeted-by-16-93-in-q3-2018/

doctokwus:
75% drop in profits must be a deliberate exaggeration or an error by the poster because even from the figures he used,the decline is more like 7.5%.
No biz can take a 75% profit plunge without closing some branches and laying off workers.
Sane minds don't also need figures from the big industry players to know that Buhari has ever be a disaster for any economy he presides over,in 1984 and 2015 to the present.It was common knowledge.
But what their propaganda cum lying machine told us he had competences in,fight against corruption and security,he has also turned out to be monumental failures in.
Add in the bonus he has given us in his crass incompetence and failings:first rate cronyism,bigotry and parochialism and you have by miles,the worst president this country has ever had.

bros, believe the figures are possible.
beht make pesin research to confam.
we exited recession on paper and on GDP basis.
even banks made huge profits in the recession. does dangote own part of any bank? just curious.

but it's people who must buy flour based products for him to profit.
when millions lose their jobs, when businesses shut down, this is the result.

if memory serves, in 2016 they suffered a similarly serious loss.
Target, SA owners of the flour mills insisted dangote step down as chairman and threatened to remove his name from as brand cover.
I think his daughter replaced him on the board- as Ceo, I think.
but if this is in addition to the previous losses, then they should really consider pulling out of Nigeria.

anyway, this is small potatoes.
the 'poor' man lost over $4 billion from his net worth.
if he was into politics he'd be fighting, tooth and claw, to remove buhari.
hey, who knows. maybe he's doing just that.
in the shadows…

uriris:
Lazy and ungrateful people everywhere. Like u people are paying for the service u r enjoying. If u don't like it, don't use it and move on to another platform. Same way some people have been crying that YouTube advert is too much.
If they don't do advert, how do u expect them to balance their running costs.
U will just come online and be shouting mining data. Which data u get wey person wan mine. Rubbish up and down.

guy, easy.

you're correct to some extent.

the privacy of your information should be held in confidence- however little or insignificant it may seem to anyone else.

any excuse is bs.

BedLam:
I don't know why we use WhatsApp. It is the most redundant messaging app out there. Lack features that other apps have. Try viber and see.

I don't watch people's status as I have them mute. Good for them.

it's the power of numbers, power of branding and power of leverage.

and it's true, whatsapp is so poorly designed, I used to pull my hair out.

now, I just sigh and move on.

wow.
one of the largest ICT firms buying one of the most secure server platforms
omo…

4601CE:
It shall not be well with all enemies of Nigeria, their family members and their unborn generation to come. They shall know no peace and they will all die miserably.
Every sympathiser and supporter of the violence groups and terrorists like Bokoharam and Ipob in Nigeria shall never know peace . Their children and grandchildren will suffer till eternity. Amen

b it stupidity, demonic possession or rank ignorance, I reject it in ur lyf.
amen, sombori.
minwyl, I hope u kno dt ur curses r actually directed at buhari, who continues to flout the laws of the land?
if ur his supporter, bera go tel am sori o!
b4 dem stop ur alawee

tokrizy:
leave all this people na mumu dem think say we be na

[quote author= post=72555714]Made in Nigeria goods is the way forward .....[/quote]

tokrizy:


illegal fishing bi ti bawo.

what's illegal fishing.

me I'm nt understanding ooo.

somebody should please explain the picture below

actrinity:
I wonder oooo. which one is illegal fishing? do I need permission from anyone before I throws my net inside river Niger or bayelsa ocean? if u can take the risk, then fish.

tokrizy:


illegal fishing bi ti bawo.

what's illegal fishing.

me I'm nt understanding ooo.

somebody should please explain the picture below

na who do una dis tin?
even as friendly as Google is, to do search dey hard una
stop displaying your ignorance.

Back1lane:
That is the same debate the PDP PHD Jonathan evaded like Ebola virus O but bigoted miserably pathetic souls from the red mud enclave will want you to believe Buhari as never participated in a debate. How or where this bunch of lunatics got the effrontery to query how or when the president of Nigeria should debate because of their sorrowful miserable lives is simply beyond me



Buhari should come debate 2019 to soothen your pathetic soul ?! I no sure say e fit beta for u I swear.

your words indicate that you truly believe buhari- your servant- is superior to you.
this shows just how broken your mind is.
take heart, eh?
there are many like you.
you have a lot of company in your inferiority complex.

I heard that there are Children on nairaland.
op, Tnx for confirming.

sarrki:
Rough on who

Observe very well I don’t engage ipob miscreants

u nid to know:
insults r d last hope of d mentally challenged.
stop exposing ursef.
smh