DieVluit's Posts
Nairaland Forum › DieVluit's Profile › DieVluit's Posts
1 2 3 4 5 6 7 8 ... 47 48 49 50 51 52 53 54 55 (of 87 pages)
iterator24:You sound desperate. Do you even know what "earth observation satellite" means? Let alone "spy satellite". I don't think even know what you are saying. |
Graphic video, be warned. Boko Haram executes young men who refused to join them. http://www.liveleak.com/view?i=ebe_1418914796 |
ActivateKruger:Oh yeah. Now nigeria didn't just kill their soldiers. They also killed what's left of the military's morale. |
http://fortune.com/2014/12/17/textron-airland-scorpion/?utm_content=buffer9e681&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer How ISIS and Boko Haram could change the way countries purchase air power |
jl115:Yes, same here. Botswana deserves the spot. Here's the full index http://media.prosperity.com/2014/pdf/publications/africa-report-2014.pdf |
Africa's most prosperous countries. http://edition.cnn.com/2014/12/18/business/africa-prosperity-rankings-2014/index.html?sr=sharebar_facebook |
overhypedsteve:Miss me with that, fam. Which allies would that be, that have "learnt" together with you? The US, that is now the subject of Nigerian frustration or Cameroon that now is feeling the heat of Boko Haram? Or better yet, which lessons are you on about? Lessons that have led to the kidnapping of the 200+/- villagers today? http://www.bbc.co.uk/news/world-africa-30529178 Miss me with that. |
overhypedsteve:You can't mend your roof DURING the storm. You've built nothing as a result of Boko Haram. Instead, you've lost money, trust between your men, confidence in your military and the ability to strike fear in the hearts of opponents. Assuming you had all that in the first place. |
Ah, aluta continua here. Mark this date y'all. SA's spy satellite will be launched (tomorrow). Thursday, 18 December, 07:55:03 Moscow Time (04:55 UTC) |
agaugust:You have not dealt with my simple request. DieVluit:Once you have done that, show us how much self-sufficiency Nigeria has and compare that to South Africa. Once that is done, list Nigerian exports and compare those to South African exports. |
overhypedsteve:Define "most valuable". And then tell us how far Nigeria is from "self-suffiency". South Africa boasts of military equipment exports, regardless. What does Nigeria boast of? Major purchases as shown in this thread? |
ActivateKruger:Haha. Thought you'd never ask. We have upwards of $15 mil to burn. Just because. |
johnsonautio:Fark off this thread. Tsek! |
MduZA:The money will go into our Christmas fund, thank you very much. |
South Africa still holding Nigeria’s seized $15 million arms money. Contrary to widespread reports in the Nigeria media (PREMIUM TIMES not included) the South African government has not returned the $15 million seized from arms dealers purportedly buying arms for the Nigerian military. PREMIUM TIMES can authoritatively report that the money remains frozen in South Africa and has not been returned to the Nigerian government. In October, several media articles quoting the South African High Commissioner to Nigeria, Lulu Mnguni, reported that the money seized in connection with two dubious arms deal had been released to the Nigerian government. However, Mr. Mnguni has told PREMIUM TIMES that the reports are false. Apart from the High Commissioner, the spokesperson of the South African National Prosecuting Authority, NPA, Nathi Mncube, and a South African source that is knowledgeable about the matter but requested not to be named, told PREMIUM TIMES in separate correspondences that the money was yet to be released to the Nigeria government. Rather than return the money, there is possibility that the money may never be returned to the Nigerian government again. Responding to PREMIUM TIMES enquiry about the extent of the investigation into the seized arms money, Mr. Mncube, who declined to give specific information because the NPA does not respond to matters under investigation, however, said the money may be forfeited to the South African government. “In terms of our law, proceeds of crime are forfeited to the state,” he said. On his part, Mr. Mnguni vehemently denied the reports credited to him that the matter has been resolved diplomatically and the money returned to the Nigerian government. He said it was not procedural for the South African government to return frozen money in the manner suggested in the reports quoting him. “We don’t refund money that way,” he said during a telephone conversation. “I said the matter would be resolved within the legal and legitimate means. That was what I said. I did not say the money has been refunded. And I did not follow up since then on whether the money has been refunded or not. It has to be done through the legal and legitimate means.” PREMIUM TIMES investigation also revealed that instead of providing document that validated its claim that the deals were legal, the Nigerian government has been vigorously pursuing a diplomatic resolution of the matter. Hard as it is trying, it appears the Nigerian government is merely chasing the wind, as the matter is no longer in the hands of diplomats and politicians. Unfazed by subtle threat of the National Security Adviser, Sambo Dasuki, to come hard of South African business interests such as MTN and DSTV in Nigeria, NPA obtained court orders freezing the money. Now, Nigeria has to go through the full hog of court processes to secure its release – something the government, which claimed ownership of the money, appears incapable of doing following the backdoor manner the deals were reached. “The money was frozen by two court orders and the court requires the documentations before the money is released,” Mr. Mncube said. “The money is still here and is not going anywhere. We would not release it if we don’t have a surety where the money is going. It is a court process.” http://nigeriana.org/blog/105206.html |
|
MikeCZAR:Nigeria's anti-insurgency campaign is really going nowhere guy. |
lezz:Spitting because you're a chicken that swallowed a roach, Evarn? I see. |
Very much on point. Sit back. Read. Needle on zero. http://www.nbcnews.com/news/investigations/needle-zero-nigerias-economy-tanking-u-s-oil-exports-dry-n256236 |
Hahaha I laughed soooooo hard when I read that the stoves that the Nigerians were bragging about - the stoves...the slow cookers to be stupidly bought by the government are... ... SOUTH AFRICAN That's soooo funny! ![]() http://www.punchng.com/news/fg-to-buy-n9-2bn-cooking-stoves-for-women/ |
patches689:Ngihleka izibunu zam zaphuma zahlephuka ![]() |
Guys, this is what happens when you don't have Boko Haram. https://www.youtube.com/watch?v=BAgFEDee0ew Minute 9:00 |
agaugust:"Target designation", he said. Come, Augubugubububu |
Reutech delivering Land Rogue turrets for Malaysia Reutech’s Land Rogue remote controlled weapons stations are being delivered to Malaysia after recently passing factory acceptance trials. Reutech is supplying 54 Land Rogues to Denel Land Systems (DLS), which will be used by the Malaysian Army. The contract for a range of different turrets was awarded to Denel Land Systems via Malaysia’s Deftech, with Reutech Solutions being subcontracted for the 12.7 mm remote controlled weapons station turrets. Reutech said since receiving the contract, Denel Land Systems requested a few changes on behalf of the Malaysian Army, with changes to the human machine interface so it matches that of other Denel turrets; the installation of the same electro-optical sights as other Denel turrets and the installation of 76 mm smoke grenade launchers. After these changes were made, Reutech requalified the turret, culminating in successful factory acceptance tests and shooting trials witnessed by DLS and the end user. Delivery of the first production units has now started and production is expected to run over a three year period. The Land Rogues supplied by Reutech are armed with 12.7 mm Browning M2 machineguns. The Sea Rogue is service with South African Navy and the UAE Coast Guard. The Land Rogue turret is part of a larger turret order from the Malaysian Army for its AV8 8x8 vehicles. In July 2012 it was announced that Malaysia had signed a 343 million euro (R3.5 billion) contract for turrets and weapons. This includes 69 x two man turrets fitted with the South African GI30 30mm main gun and 54 x missile turrets equipped with the GI30 30mm gun and Denel Dynamics Ingwe anti-tank missile system. The order also includes the supply of 216 laser-guided Ingwe missiles and 54 x remote control weapons systems. Similar turrets are being fitted to the South African Army’s new Badger infantry fighting vehicle – the Malaysian contract would not have been possible without Badger. Malaysia has ordered 257 FNSS/Deftech AV-8 8x8 armoured vehicles, to be manufactured by Deftech of Malaysia.
|
The Nigerian military will not be making any significant purchases for the foreseeable future. A.U.S.T.E.R.I.T.Y. http://leadership.ng/business/391875/naira-devaluation-will-lead-high-cost-production-ops Naira Devaluation Will Lead To High Cost Of Production – OPS Olushola Bello — Nov 27, 2014 | Following the measures taken by Central Bank of Nigeria (CBN) to strengthen the nation’s economy, the Organized Private Sector (OPS) have said that this would push up the operating cost of business enterprises in the Nigerian economy. Among other measures put in place, the CBN devalued the national currency by N13 from N155 to $1 to N168 to the $1, moved the benchmark interest rate known as the Monetary Policy Rate (MPR) by 100 basis point from 12 per cent to 13 per cent and increased private sector’s Cash Reserve Ratio (CRR) from 15 per cent to 20 per cent. Others include widening the band around the mid-point by 200 basis points from +/-3 percent to + -5 percent as well as retained the foreign exchange trading position at one percent. Reacting to these measures by CBN, the president of Lagos Chamber of Commerce and Industry (LCCI), Remi Bello said, “As a result of the import dependent character of the economy the increase in the MPR will push up the operating cost of enterprises in the economy.” He pointed out that many firms were already feeling the heat across all sectors, remarking that, “in the few weeks, the naira exchange rate has depreciated by about 11 per cent in the interbank market and over 12 per cent in the parallel market. The impact of the depreciation on operating costs is very profound.” Bello noted that cost push inflation would be pronounced in the next few months as this would be driven by high cost of production and high cost of imported finished goods. Also speaking, former acting director- general of Manufacturer Association of Nigeria (MAN), Rasheed Adegbenro noted, “Generally when you devalue your currency, the intention is to reduce import and facilitate export. But unfortunately, the Nigerian economy does not have the productive edge to facilitate export. So, it means that it will decrease import, which cannot be decreased and so the effect will be inflationary. It will lead to inflation in the economy.” However, he noted that in this present situation the government has only two options, to increase the fuel pump or increase the MPC, adding that the government will not want to increase the fuel pump because of the forthcoming general elections. Adegbenro pointed out that “this tells the government that the economy is not well structured and has to be in the future to absorb such reoccurrence, saying that the measures are going to hurt both the business and manufacturing sectors of the economy.” |
Thiza:Nigerian soldiers "don't like free things" ![]() |
I just saw a very graphic picture of the head of the girl that bombed Maiguduri. This one is hard to deal with. |
Centrifude:Do you even give their denials the time of day? |
Patchesagain:Haha Augububu dreaming as usual. He should stop dreaming and accept that Nigeria is the grass that got trampled on by two elephants fighting: "The big game changer for Nigeria has been the free fall in the price of crude oil. Brent crude is around $80 a barrel and at multi-year lows. Lower prices have eroded Nigeria's income. Nigeria is collateral damage in a red hot crude oil and geopolitical war, where the US (and Saudi Arabia) have tipped the oil markets into surplus in order to exert enormous pressure on Russia [in particular] amongst others. Nigeria will be hoping that OPEC (The Organisation of Petroleum Exporting Countries) will cut supply on November 27 in Vienna." http://allafrica.com/stories/201411241232.html |
...Conclusion Nigeria has managed to find itself in an almost perfect storm where practically everything that can go wrong is going wrong. These days the world produces roughly 90 million barrels of oil. But of that amount, only about 30 million barrels are produced by OPEC members. So the weapon of cutting supplies that OPEC used to use to raise prices won’t really work anymore. It’s a bit hilarious to hear the CBN accuse someone of spending money ‘lavishly’ given that this is what the Nigerian government has done for the past 4 years when oil prices have been high. The banks also now know that if you apply pressure, the CBN will concede a goal and devalue again. It is a matter of when, not if. Within a few weeks, the new trading band for the Naira will be blown apart (if it hasn’t already as we speak). Cost of borrowing will also go up for everyone else due to the MPR and CRR squeeze. Things are going to be a bit rough for the next few months and if you have cash or better still, forex, you’re the (wo)man right now. As bad as things were for Wilkins Micawber, he never stopped living in hopeful expectation. Indeed he lived by the maxim – something will turn up. ...http://aguntasolo.com/2014/11/25/cbn-and-the-nigerian-economy-a-short-story/ |
ActivateKruger:No foreign reserves to defend the naira. Nigeria imports most of what it consumes. No foreign reserves. No imports. No... N... zzzzzzzzzzzzz...... And the giant sleeps. And then as it dreams... Auguby wants to talk about buying things. |
1 2 3 4 5 6 7 8 ... 47 48 49 50 51 52 53 54 55 (of 87 pages)


...