₦airaland Forum

lexy2014:
There's something I have noticed on this platform. When some folks run out of things 2 say, they embark on personal attacks. U made a contradiction in ur post which I brought 2 ur attention. u say Nigeria will loose money if it doesn't sell crude at $80 yet u say crude doesn't add 2d cost of production of PMS. How do u reconcile both statements?

I no u are a man of immense economic literacy, one who sees d big picture. Seeing d big picture could also b said 2 mean "birds eye view". So whether u are in a plane or u flying a drone or u are d bird itself, u can c far&wide. U can c d roof tops, d cars driving on d road and d trees. D question is do u from ur birds eye view c what's going on under d roofs, inside d cars and on d trees? I don't think so. That's where d earthworms view comes in. A view that is closer 2d ground, that sees d little little details.

Let's look at ur previous analysis:


"A barrel of crude is equivalent to 160litres. If we assume that we can convert the full 160 litres of crude to petrol, the maximum we can get from a barrel is therefore 160litres of petrol (take note, this is only an assumption cos we cant really derive up to 160litres from a barrel as there will always be other derivatives and bye products). But assuming we can get up to the full 160 litres of petrol from an $80 barrel of crude, that come out to about N150/litre."

D question I ask is y d assumptions? What is d fact? U dont need 2 assume d facts except u want 2 distort d truth which u were trying 2do. D fact is that u can get more than one product from a barrel of crude. In this part of d world, we are very familiar with 4 of those products, DPK, AGO, PMS and gas. And if this is d case, a litre of PMS cannot b N150. Based on what u said above, in order to get d price per litre of each derivative it is N150 divided by N. N being d number of derivatives. So 150 divided by 4 is N37.50k. So Atiku was right. PMS can b sold 4 N80 in Nigeria.

This is what djon78 was trying 2 say that u were twisting info. Cos here u have facts at ur disposal, right b4 u, but u chose 2 call d facts assumptions. This y u have been very defensive whenever I throw 2u d issue of what u called "explicit costs". In response to my request to u to let us no what goes into d production of PMS locally and imported PMS, u have at best resorted 2 petty personal attacks & tried 2 shroud d discussion with ur "opportunity cost".

Since u c d "big picture" as a world class economist, I was expecting u 2 unbundle ur big picture. What makes up ur big picture. PMS is a product and like every product, input goes into its a creation. So y are u scared of attempting 2 itemise what inputs these are and their costs? I believe d facts speak 4 themselves and they have spoken

Bro you really get time.
How can you be discussing with someone that doesn't even understand what he himself is saying.
You want to be smeared with ignorance?

nextstep:
One might say so, but think about this:

Nigeria became a British protectorate in 1901. Colonization lasted until 1960, so they were in charge for about 59 years, during which they built schools, roads, rails, institutions. Granted they had been subduing different parts of Nigeria for decades before, and they were not benevolent.

Africans have been in charge of Nigeria since 1960 until 2018, for about 58 years, and really haven't made much progress since 1960. Africans were also in charge of Nigeria before the British, and for the most part brutally subjugated their own people for centuries with plenty of wars and death (Benin, Oyo, Kanem-Borno, and Sokoto come to mind).

At some point, Africans need to realize the futility in blaming others and take responsibility for their own fate: we can continue to blame others for joining a bunch of us into countries, or we can decide to build an exceptional society.

Can two walk together except they agree?
Moreover we have government that has divided the people more.
For a Nation to move forward, there must be patriotism among her citizens. But is there anything like that in this nation?


I personally believe on each man bettering himself and find ways to add value to his neighborhood, associates. But if it is to wait for this nation, you are on a long thing!!!

deathwing:
WE are promoting trade, that's why Buhari didn't sign the agreement when it first reached his table. The incompetent president was not ashamed to tell us he had not read it while other African countries signed it. SO now they have inaugurated a committee that will be paid allowances to read through a document the rest of Africa signed ages ago.

What a bunch of jokers.

Do you mind them.
They refused to sign the agreement not knowing how beneficial it will be to Nigeria
Recently Dangote with all his money was denied Visa to one Eastern African country. And he was mad.
They don't know they are hurting Nigeria Business
Kenya
Ethiopia
Rwanda etc are faring very better than Nigeria.

Africa has come to a point it must maximize its teeming young population potentials. Inter African trade is one of those ways. We must trade between ourselves more than the rest of the world. A lot of wealth will be created

obailala:
Once again I put it to you that NNPC will take a loss if it refines Nigerian crude and sells it for N80 and that's all the economist (Oby Ezekwesili) has explained. The loss is not necessarily in terms of cash it spent to produce the fuel (because it actually got the crude for free), but rather it's a loss the NNPC would incur by not choosing to sell the crude to foreigners for $80.
This explanation can't be too difficult for any objective person who passed through a secondary school can it?.. Even an illiterate market woman understands this concept; you don't need any economic textbook to know this.

My friend I told you to go and look for whom to deceive. You have been spreading fake, wrong, impractical and real life unworkable things.
And that is what you and your likes have been doing to have kept this nation this way for many years by the kind of knowledge you peddle.

I stand for;

Transparency
Accountability
Doing things the right way

Because I have lived, studied, worked in well run Nations. All this your information turns my belly and nauseating

obailala:
Lol... from claiming that I said NNPC will buy crude, now the new accusation is that I dont understand international trade.

You claim to understand international trade so well but you have no clue on the elementary principle of opportunity cost. What a bizarre contradiction! You believe there is no economic cost if NNPC refines crude and sells to Nigerians at ANY price because the crude was gotten freely within Nigeria. 2 days later, you still cant comprehend where the principle of opportunity cost comes into this discussion. Lol... Oga go and read your books.

Me go and read my books? Haha.
I can categorically say that its your likes with the level of knowledge you bandy about that has run our economy, our oil industry and everything to the ground
You come and quote what you read on the back of basic economics book

I don't come to quote back of economics book's, I talk practical and all what I have said has been proven right. So go and look for whom to deceive

obailala:
Good gracious! We truly have a problem with our reading culture in Nigeria. Oga, kindly point out where you read in my entire write-up that NNPC will PAY for crude?.. If you can point that out, just send me your account number and I will credit you with N100k instantly.

How exactly did you read what I wrote above and conclude that I said NNPC will pay for crude?... Now read carefully, I said crude oil is worth $80/bbl and even if NNPC gets it free from Nigerian soil, it doesn't still change the fact that it is still worth $80 in the international market. So therefore, if for instance NNPC decides to use refine a barrel of Nigerian crude and share it to Nigerians for free as Christmas gift, even though it sourced the crude or free, the $80 it could have earned if it had chosen to rather sell that crude internationally will not be earned. That $80 not earned is indirectly a loss to NNPC, or you can call it 'the opportunity cost' of giving Nigerians free fuel. In economics, when you hear the word 'cost', it isn't always about physical money spent; money you fail to earn is also a 'cost'.

My goodness, what is wrong with our educational system in Nigeria that people cannot grasp this elementary economic concept of opportunity cost?... VEry soon you will ask me again what I mean by opportunity cost because NNPC gets the crude from Nigeria.

1. All your summation here shows that I have been discussing with someone that doesn't even understand even basic economy.

I never said that NNPC gives oil for free. What I was talking here is subsidizing the cost, to a punp lower margin of 90Naira as said by Atiku.

I also stated that this regime has been secretive concerning subsidy. It claimed it has removed subsidy.
And coincidentally today's early news this morning on how NNPC secretly diverted LNG revenue to pay for subsidy. Totally agreeing to my summation.

In Jonathans era it was open, subsidy was paid, petrol was cheaper. In this regime they claim no subsidy, petrol is costlier, only now we are finding out they have been secretly paying it.


Now you can quote all your opportunity cost primary economics, to hoodwink those you want to, but my own stands is proving right by recent news emanating concerning NNPC, and this administration.


As for other things you quoted there I will not address it because you don't even understand basic international trade economic models. So you are completely off point.

obailala:
Can you swear on your life that I havent answered that question at least 3 times?... Are you blind to read my responses or are my responses invisible on your computer screen? Or are ypu just another internet troll that comes online to throw arguments around without bothering to read responses?.... How can I be answering the same question to the same person over and over again?.... Or could it even be I'm talking to a computer programme and not a human?

A barrel of crude is equivalent to 160litres. If we assume that we can convert the full 160 litres of crude to petrol, the maximum we can get from a barrel is therefore 160litres of petrol (take note, this is only an assumption cos we cant really derive up to 160litres from a barrel as there will always be other derivatives and bye products). But assuming we can get up to the full 160 litres of petrol from an $80 barrel of crude, that come out to about N150/litre.

Of course your next point is that NNPC doesnt buy the crude so therefore the crude is free or worth nothing. But that is where you are wrong because you have zero understanding of what opportunity cost means, s9 Im jot surprised you keep wondering why I talk of opportunity cost. If mangoes are sold for N10 in the market and I pluck a mango in my garden, to an illiterate, that mango is free because he believes I didnt buy it. But to an economist, that mango is worth N10. So if I fling that mango in the bush, I've simply lost the N10 I would have made if I sold it.

Likewise, even if NNPC gets the crude it refines from Nigeria free of charge, a barrel of crude is still worth $80 (not free like the economic illiterate would think). And if NNPC sells the derivatives of that local crude for any amount which is below the equivalent market price of $80, NNPC would be taking a loss (which comes in form of the opportunity cost of not selling the crude internationally).

I'm very sure he will still return with the exact same question on where N150 came from and why I talk of opportunity cost. If you still dont understand the gist, kindly go back to primary 5 please and try and listen in class.

All your analysis are very wrong.
Are you aware of basic laws of international trade?
How can NNPC pay for crude oil at $80 per barrel. Why will I pay $ for products I produce in my country
How do you even determine the exchange rate of a nation?
This is the problem we have in this part of the world. When even basic laws of international trade we can't understand and we want our economy to improve. While busy quoting Economics 101.


You said NNPC will pay $ for her crude.
Nigeria has OPEC quota of 2 million barrels per day. That quota is for export. It has nothing to do with the oil we use locally

During Jonathan period, at least I was aware that what Nigeria did was export crudes to refineries abroad and the same refined products is now imported back. And a lot of slush funds and misappropriation was done on that policy. But even with that Nigerians were paying less on petrol. But we don't even know how this present administration does her own. Everything is shrouded in secrecy. Now we pay more for fuel, and the oil bill is more now on the country's balance sheet.

Then that the NNPC will pay the $ equivalent. for a product you produce in your country in.
It doesn't make any economic sense.


Why does wise Nations encourage local production? Because when they produce locally, foreigners come to purchase from them and they come with $ to buy. The $ will be chasing there currency, thereby strengthening there currency against the $. It also strengthens local producers and protects/proofs the local consumer. And this is the secret of how China has lifted more than 500 million people from poverty. And this is the model wise Nations use.

But in your own analogy, NNPC will pay in $ for her oil she produces locally. chei person no go see anything for this Nairaland

I will say it again, Nigeria has no reason to be paying so much on fuel. But because of bad policies and no vision we do so.
We have a political class that doesn't care a hoot about the ordinary man and the pains they are going through. Because increase in petroleum products means increase in transportation and also increase in the cost of goods. While at same time minimum wage has remained in the same level.

lexy2014:
How can u teach when u don't no? That's were d problem is coming from. U erroneously think u are a teacher.

First of, let me give a background. Oby is saying that if Atiku becomes president, he wouldn't b able to make a litre of PMS N80 as he is claiming. Now all u doing is recycling info about how much it cost to buy a litre of imported PMS.

D smallest unit of this discussion is N150 which is d cost per litre of imported PMS. D question 4u is simple, if a litre of imported PMS cost N150, what are d items that go into d process of making a litre of imported PMS N150? After itemising those items, put a cost to those individual items then I will no u no what u are saying.

U are still talking about foreign exchange&global price of crude. D simple question I asked u earlier which with all ur teaching knowledge u have failed to answer is this, does NNPC import fuel 4d purpose of refining? Where does NNPC get its crude from 4 refining? Its cos of this d other gentleman djon78 asked u d same question I asked u which is what has foreign exchange got 2do with local refining? So clearly u don't even no where NNPC gets its crude 4 refining.

D reason y NNPC is important in this discussion is because 4 atiku to achieve his aim of low price of PMS, is by using NNPC. Dangote is a private establishment and not accountable 2d FG. Even if dangote was buying crude at $80 per barrel from exploration companies, does that automatically translate to N150 per litre? That's y I asked u to break down ur N150 of imported PMS let's no what and what makes up d 150?

And he is still beating around the bush.
I can tell you that this is the way most of these people running our oil industry reasons.
They don't even have the grasp of what they are talking about.
If you ask them, they will cover wool with your eyes.

The scam going on in oil industry in Nigeria is horrible. Why should we be refining the product we produce in our backyard abroad?
Does the people doing this show any seriousness?
How can a whole country like Nigeria, until Dangote decided to take the bull by the horn be importing fuel.

I can tell you that Atiku knows what he is saying
With transparency, it can be done. It is not a rocket science. And this rut must be fixed.
Rut in oil industry, power, etc must be fixed. We can't continue going round circles

obailala:
'Opportunity Cost', are you aware of that economic concept?.... If a fruit seller has 50 mangos which he intends to sell in the market place for N10 each, those 50 mangoes would fetch him N500 in total. But if he puts 20 of those mangoes aside and sells them to his family members for N5 each, his total income at the end of the day would be N400 (because he sold 20 mangoes at half the market price). N500 - N400 = N100; the seller has eventually lost N100 because he chose to 'subsidise' the price of the mangoes he sold to his family members. That N100 is the opportunity cost (or subsidy) the fruit seller incurs for providing cheap mangoes to his family.

Hopefully you now understand the concept of opportunity cost; so permit me to painstakingly go through my previous explanations again since you claim you didn't understand it.

You ask what exchange rate and global oil price has to do with local production. The first question you should ask yourself is, what exactly is the price value of crude?... At $80/barrel, that amounts to N24400 (at an exchange rate of N305). Now if 1 barrel of crude typically produces ~160 litres of petrol, what that means is that 1 litre of petrol has a base price of ~N152 (note that this amount is the barest minimum which even EXCLUDES the cost of refining, transportation, storage and other miscellaneous cost which are all inevitable; if we are to add those extra unavoidable costs, the base price of petrol will be well more than that N152). So in summary, this paragraph has explained that $80/bbl crude = N152/litre petrol; I hope you now understand where the N152 figure came from?

This then brings us to the next point; "What has that N152 got to do with local production?" This is where the basic economic concept of 'OPPORTUNITY COST' comes in to play. Nigeria sells it's oil in the global market at global price of $80/bbl crude (which is equivalent to N152/litre petrol). Even though Nigeria is a producing country, crude oil isn't an infinite commodity which we can just churn out a limitless volume any time we want; at each point in time, Nigeria only has a limited quantity to sell. So therefore, if Nigeria now decides to reserve some of that crude which it could have sold internationally for $80/bbl (N152/litre petrol), and then refine it locally and sell petrol locally for N80/litre (as opposed to the N152/litre which it could have been sold for if it was sold internationally), instead of making ~N152/litre, the government will now make only N80/litre; i.e. a loss of N72 for every litre of petrol sold locally. That loss of N72/litre is the opportunity cost the govt incurs for selling petrol cheaply at a price which is lower than the international going rate; that's N72 will invariably be a SUBSIDY paid by govt to give Nigerians affordable petrol.

I sincerely hope you now get the logic.

You are still not addressing anything.
All that you typed there makes no sense.
What concerns exchange rate with local production?
Why shut up the modular refineries?
The truth is that government is not honest about solving local production. The kind of money they amass by importation is colossal!!

But they should continue
Fossil fuel is on its last lap in the world.
Then it will be too late for Nigeria.
Nigeria will pay severely for Every form of financial recklessness it had perpetrated all these years.
Time is running out for her to do the right thing
But they won't listen
When calamity comes, they should not cry!!!!

Focusmind:
Do you think you must have a physical presence to conduct business in any country? The world have gone global. There are many multinational companies in Nigeria that you don't hear about.

Go to FIRS and see names with their tax returns. They have people that represents their interest in Nigeria, negotiate and close out deals on their behalf. Most of the people they have here, rent offices in high brow Ikoyi and VI without pasting the name of the company any where.

You will just see on 5 or 6 people working for the multinational, closing out deals on their behalf and filing tax returns.

Oil companies comes to mind. A lot of unknown companies are operating in Nigerian oil and gas without being known to the public but know only to the authorities and regulators. They have offices in closed streets in lekki and VI without sign post.

It is only when you enter the compound that you see assorted jeeps and four wheel drives. That will tell you how far.

So, bro companies exist without having physical presence, especially the investment banks - Note that we have Deutchebank, Goldman Sachs, RMB and Barclays bank today in Nigeria but no physical office. They only pay tax based on the proportion of profit made only in Nigeria.

Do they even understand
One of our drivers who drove for one company before said that then expatriates used to fly in with private jet, come in for deals and go back immediately.
There was one particular German young man not up to 30 years he drove one day. The guy flew in with his jet, he took him to Eko Atlantic, he wants to invest in it. he spent like 2 hours and he drove him back to the airport immediately.
And these big global investors deal with these big global banks

walefresh3:
Here is the truth, whether Igbos like it or not:
1) the Igbo man is addicted to Lagos
2) the Igbo man cannot survive in the Native region, the SE.
3) The average Igbo man especially the ones that lack exposure are envious and hateful of other regions
4) Biafra is an Igbo man's opium
5) An Igbo man is tribalistic and only cares about himself first, then his village. Clanish in nature, an Igbo man can only survive in a cosmopolitan society. He can't stand his fellow Igbo man's nature.
6) An Igbo man would choose money over morality and values hence, if you have money in Igbo land, you are king.
I know in their deepest hearts, they know these FACTS but they are in denial.
My two cents.
As for those carrying Lagos on their head. Ha...don't worry. It's gradual na. As you can see, you have no commissioner slot in Lagos unlike before....Keep calm and watch.
Just FYI, the powers in Lagos are watch all your comments on social media. Continue calling Lagos a no man's land. Na your papa land. Remember, your C of O is a lease agreement for 99 years. You do not own any land in Lagos and you collect Governor's consent or approval to build on the LEASED land.
Good luck owning Lagos

Abeg stop being a nuisance. As long as we are still part of the federation of Nigeria, an Igbo man can. Live anywhere, build anywhere and still have it.

I know Igbo people whom there dad had properties in ikoyi, surulere, vi etc way back. There daddies are dead but they are still reaping the benefits up to today from those properties.

Better focus on your life and work hard for your children, and leave them good inheritance. But coming online to make baseless won't help you.


The Igbo man is a blessed man. I was just going through Bishop t d Jakes Instagram page. He was wearing a lovely kaftan, his fellow Americans were commenting they loved it. He said it was from his people Igbo tribe in Nigeria. We are blessed, anywhere we go of the Lord!!!!

SEGLIZ:
.... never heard of such ghost bank in this country before now (pardon my ignorance). 2 out of the facilities used in siphoning our soft currency to boost their system and make their currency harder, has just closed shop blaming Mr President for tightening the economy against them.
the report has blame Mr President, let wait and the first person to blame APC and Buhari for this.

You call HSBC and UBS Ghost bank? Honestly I really laugh at some of you.
You won't also know the importance and values of foreign investors and FDI to an economy

justkaycee1:
You tried in your analysis but you have fallen short.
From your analysis, 153.4 is the cost per litre of crude. That same crude contains kerosene, petrol, diesel, heavy oils, gas. These ones too contribute to the 153.4. So if petrol makes up 40% of the crude, then the real petrol cost per litre is 61.36. Factor in your processing cost and you still make profit at 90. Don't forget that Dangote refinery will be operational from 2019 so you can remove logistics cost. He might also have plans to get the local refineries working. So listen more and judge less.

Thank you so much for that clear cut analysis!!!
He and the other guy were sounding very vague!!

PNomsule:
I admire your analysis but hell, this is it. The workings of any economy isn't static owing to varying factors which could lead to the appreciation of it's currency.

With the inevitable change in govt (with Atiku at the helms), it would receive a colossal acceptance from the already tired masses leading of course to stability of the polity. This in itself would give rise to monetary speculations favourable to the Naira (I hope u know what I mean).

Atiku being an accomplished bussines man with track record and in synergy with his deputy who equally is an astute intellectual in bussines, working business models and it's associated paraphernalia, sure as hell would have revitalized and revamp the Nigerian economy into a world recognized working model (you aren't oblivious of the massive Nigerian resources in human and mineral stocks that abound within and without the country), hence you will agree that these variables would have ignited a rapid drop in Inflation rate...
What these would have achieved for us is a Naira that is strong, virile and robust, literally appreciated amongst the comity of currencies and you by now know what it neans, an exchange rate less than N180 to a $, do the beautiful arithmetic you had previously done using the revised parameters I have posited and see if Pump Price of Fuel wouldn't sell for the proposed figure by the PDP Atiku-Obi camp!

2019 Atiku or nothing, and by the way, who takes this Ezekwesili woman serious sef...she always appears to me as the last 4 letters in her name.

I think you sounded more convincing especially in the area of exchange rate. We all knew the exchange rate of Naira before this present administration took over.

My own question is that apart from subsidy or petroleum price reduction, there are serious major areas that needs to be addressed as quick as possible, such as


1. Exchange rate

2. Price of food

2. Infrastructures such as power, roads, railway

4. Reviving the industrial/manufacturing sector

5. Enhancing our economy to focus more on knowledge based sector to position it to maximize its participation in the global economy

6. Housing, creating up to 10 new mega cities

7. Affordable and available healthcare for ordinary Nigerians

8. Education (although I believe this should be among the first)

9. Improving values, attitude and respect of life and cultures set by our progenitors

These are the critical areas that needs to be addressed. If these are not immediately tackled the condition of the nation will be getting worse.
This is a very serious challenge for any administration coming in to governance in 2019.
There is fire on the mountain

Money matters is very important in marriage.
I believe that before a man gets married he should have serious financial plans and money management.
Intact a man should be on top of his financial game to enjoy marriage.
He should have streams of income
Income is not just only job. But business and investments by the side.

Then running the home there will always be a budget and financial planning.
Then the woman must play her part. If she is working, her money should be rightfully channeled for the common good of the home.


If a man is on top of his financial game. The woman will have no option than to fall in line. But most times, men easily falter in this area and then women take them for a ride.
And many men are not trained financially. And honestly if you are not a good financial manager, you cannot be rich, and you can not teach your kids on how to manage money.
If you can manage money, you can easily pass it down to your children and you will create a linage of wealthy seeds. This is one of Africa's major problem. Many are suffering as a result of the way there parents raised them in attitude to money.

The Jews are very good in this. They early train there children on managing money, thereby leaving a wealthy legacy for there generation.
I remember reading an article about Facebook founder zuckerberg, many years ago that he was raised with a lot of Jewish families, that most of them were already dollar millionaire when they were in there late teens, 19years.
The same thing with Trump's son in law Jared, he was already handling multi million dollar deals as far back as his early twenties.

Bottom line, develop your financial managing skill as a man, and you will create a linage of wealthy legacy for your kids and there kids.

In as much as this is controversial and I have some of my close relations carrying American passport as a result of this issue.

I still think its a good decision.
Ever since Trumps presidency, I have appreciated all his hard immigration issues like Visa denial.

Africans really need to look more homeward, and without no alternative than to develop our place.
All these running away won't help us.
We must be here and fight it out with the bad guys that have messed the systems up.
We have allowed them get away with a lot of things. We stay here, fight it out with them.
So that the evil people that make up the system are totally uprooted.

There are still very huge potentials for this continent!! So let's stay and fight it out instead of running away.

So thumbs up to Trump. It is to our gain. It will reduce brain drain and taking our bests.

themanderon:
At times I ask myself this question "what is the meaning of life"? One moment you are here and the next thing you are gone never to be seen again by those you love and those who love you too. All the money, cars, houses, family, friends etc means nothing to you at this moment. Its you and just you alone. Hmmmm....

I have been on the edge of death before. Ever since then I don't fear death. My mantra is to enjoy each blessed day God has made me to see. Enjoy it to the maximum. That is my lot in life.
And as God blesses me to leave a legacy on the earth, by catering for the less privileged, prisoners, the sick etc
This to me is the beauty of life

Please how old is Emmanuel Macron
The main problem is that the youths have not waken up to there responsibilities!!
We keep allowing these old men to toil with our future

godliman:
so what is the richly packaged truth? We are not fools bros most of these guys shouting anti corruption and looters are themselves sitting on millions if not billions of looted funds. Who is clean in this govt or apc? The only one I vouch for is osibanjo even he has stayed too long among bad ppl that he is losing his good name fast.

Don't mind this people. All of those surrounding Buhari are abysmally corrupt. Ever one of them, none is speared. And they have the effrontery to call Atiku corrupt. Atiku is better than them. Atiku has established well structured businesses, that is employing thousands. What is there own pedigree?


Nigeria has been sold to the dogs. We must salvage this nation. The battle is just beginning. But we will not fold our hands and watch old men keep on wasting the resources of our generation. Enough is enough.

Babacele:
yes I agree and that was why I used the expression " if he chooses to" but there are limits to what we can tolerate despite acquaintanceship especially when it borders well packaged lies that look like seeming truths because such greedy acquaintances took advantage of their closeness to us. Not every one is like Christ to an Iscariot. Time would educate all of us eventually.

What is even your own. Mister man you are very hypocritical here. What is wrong with some of you?
It is a very well known fact that keyamo is not near what he claims to be. This is coming from his close associates that know him from the beginning. And you are here comparing this dirty soiled man with our Lord Jesus Christ.

princfred:
Understandable. It's not that its too big, there are bigger progressive countries, its just populated by fools who envy hardworking and progressive people for ethnic reasons so out of their collective envy and foolishness, prefer to be led to abyss by their fellow dullards.

You hit the real issue and problem, we do not have the same mindset.

Shehunoshewhat:
Continue deceiving yourself.

The little reprieve we are experiencing in this administration is due to Osinbajo's performance in acting capacity.

Who can be more dangerous to Yorubas than Abacha and IBB
Yet we overcame them.

Abeg leave matter
After all you people gra gra they carry the president give Obasanjo of which you people were against.

My prayer is let God keep Buhari alive, but if anything was to happen to him, una go know how far

princfred:
Igbos fit just pity them if they keep their envy away show them the way but these reta*ds prefer hunger with ethnicity than progress with the Igbos they envy. Go to the north you will pity them even if you don't like them. Hunger ...killings... disease.

My friend forget about pity
Our agenda is restructuring not even breaking up
Let all man go and develop itself
So that our young children will be bequeathed a well developed Eastern region.
We want to put in steady electricity for our industries, we manufacturer in our region and export to other parts of the world.

Build modern world class cities, airport's. Nigeria is too big, let every region develop itself

Shehunoshewhat:
Hasn't Osinbajo acted severally already. At a point many feared Buhari had died. Did heaven fall?

Acted in which way?
When Buhari was in London, was it not the cabal that were running things??
The little he did by replacing Daura what happened when the president came back.


Like I said, God forbid bad thing anything happens to Buhari, you guys will be taught lesson by the North.

princfred:
The thing is they can't even blame the Igbos for the mess the country became with their leadership. So they just have to find anything to hang on to hate igbos. It will take an Igbo brain to rearrange the nation but their envy won't let them notice.

Rearrange which Nation. You think Nigeria can be rearranged
What we are clamouring for is restructuring
Let each region go and develop itself, according to its Pace.
Are you not surprised Osibanjo enter begin fight against restructuring in his speech and presentation??

Shehunoshewhat:
Did Abiola defeat Tofa or not

He defeated Tofa but did he reign?
Dem gree give am power?
The only man North trusted was Obasanjo
Jonathan was because of yaraduas death
And moreover Gej had Goodwill in 2011

God forbid bad thing, but if anything happens to Buhari, do you really think Northerner's will allow Osibanjo to rule

That time una eyes go open

princfred:
They are foolish enough to think they are doing igbos. Meanwhile both the north and other Igbo haters are leaving in hell despite all their years with power and free looting.
Yet they double down on stupid.

My friend leave this people. The only thing we are just praying for is restructuring, not even division and let them think they will still see any Igbo man in Lagos.

Do they think we don't want good things? The legacy they bequeathed is a very stinking dilapidated Nation. No road network, no light, no basic infrastructures. And you will come and be shouting Buhari

resurgent4oodua:
Nobody will tolerate the blackmail coming from igbos. We would vote buhari to the chagrin of the hateful tribe which inculcates tribal hate in their children right from the age of 3.


Nigeria defeated igbos in 1970 and we moved on but the igbos are still stuck there. There is nothing we can do to placate the igbos for their refusal to let go of past hurts. And we shall definitely not reward them with power when they have not shed the toga of hate for the Hausa and Yoruba. That shall continue to be their achille's heel in Nigeria's political landscape.

They have no one to blame but themselves.



#istandwithbuharitill2023

And how is Nigeria faring since 1970?

Travel around the world and you will weep for Nigeria. This is 2018, and lessons has not been learnt. To advance any Nation, all hands must be on deck.

See let me warn some of you. It is you and your children will bear the brunt. Most of us, our children carry US, Canada passport. So anyhow you people do the nation, na look we go dey look.

resurgent4oodua:
Buhari for the Aso rock in 2019


Freedom of association enshrined in constitution constitution and shall be exercised nationwide in 2019.

Say no to political blackmail and politics of hate!

#istandwithbuharitill2023

My friend don't quote me with all those your rants Most of you come online to be making noise

Bane2020:
Dude you need to STFU with this over-recycled noise about Igbos flooding your so called "towns" and "cities", the only enclave in the SW where there is an admittedly huge preponderance of Igbos is Lagos... and that's for obvious reasons. I'm not sure what other glorified slums in the SA you are alluding to "flushing" Igbos from cause besides Lagos, I can't point out any other city or town in the SW that beats the Urban spring anywhere in the East. So let's tone down the unnecessary noise and ATIKULATE come 2019

Don't mind that bigot. Is Ogun state not neighborhood to Lagos? How developed are they?

And when it comes to real development, Lagos is still at the backwaters. To me the only place developed in Lagos is bourdillon road to Banana Island, and that is within my neighborhood. Every other place stinks and sucks

resurgent4oodua:
Now you are deflecting. We all know igbos hate Hausas and Yorubas so no need trying to pretend. I only urge you not to turn violent so there will be no justification to flush you all out of our towns and cities as is being advocated in many fora.

#istandwithbuharitill2023

Igbo hate Hausa's but they voted for shagari, voted for yaradua? And they are presently supporting Atiku!!

You are really a kid

Rstc:
lol.
So you are going to get the whole north?
You think buhari is the one running?

Your politics is too naive.

Once buhari leaves, pdp with the likes of kwankawso, and atiku regains their voting strongholds.

APC is strong because there is a buhari.

Don't mind him, he will be ranting like a kid.