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PoliticsRe: Did Murtala Truly Commit A Massacre In Asaba ? by DomPerignon(op): 12:14pm On Jul 30, 2023
kettykings:
Asaba massacre was a situation of Nigeria military killing unarmed civilians and innocent young men, a crime they have continued with their meaningless python dance until the tides changed.

Abagana ambush on the other hand was a little military operation of the biafran military led by an unknown major Jonathan uchendu with a handful of biafran soldiers using an improvised ogbu na igwe bomb (manufactured by the biafran RAPU) to defeat, demolish and neutralize the whole of the 2nd division of the Nigerian military backed by soviet union, Britain, Egypt, Chad, Cameroon, Niger and Arab world etc. Gracefully leaving the General murtala Mohammed and few soldiers to leave the scenery alive to tell their story at Lagos.


No military on the face of the earth has achieved similar feat except maybe for king David vs Goliath and Alexander the great against the Persian military.
General murtala Mohammed had to go on forced exile till the end of the Civil War.
These 2 are different and not similar.
Biafran soldeirs were the first to start killing civilians indiscriminately .

The occupation of Midwest by your rogue army saw to many abductions and killings of non Ibo Bendelites .

What of the trail of blood left by fleeing Biafran soldeirs after their defeat in Ore?

Your soldeirs only stopped killing civilians until they got to Onitsha .

Even during the occupation , Biafran soldeirs were killing indiscriminately any non Ibo they deemed as a saboteur.
PoliticsRe: Did Murtala Truly Commit A Massacre In Asaba ? by DomPerignon(op): 12:11pm On Jul 30, 2023
gidgiddy:
Let me tell you something. If a Soldier captures an enemy Solder alive, and executes him, it is against the Geneva convention and a war crime

So when you are asking if lining up over one thousand civilians and shooting them dead, regardless of who they collaborated with, it shows your level of reasoning

The Asaba massacre was not only a war crime, it was genocide. Had Nigeria been a civilised country, Murtala Mohammed should have been arrested and faced the death sentence
But these were not soldeirs in uniform.

The minute you change your uniform into civilian clothes deep inside enemy territory you are considered a spy and you know what punishment awaits both spies and non state actors like mercenaries - instant execution.
PoliticsRe: Did Murtala Truly Commit A Massacre In Asaba ? by DomPerignon(op): 12:08pm On Jul 30, 2023
seunmsg:
The so called Asaba massacre was a child’s play compared to his misadventure that led to the Abagana massacre. Murtala committed worse crime against Nigeria than Biafra. Gowon should have court martial him for the way he wasted the soldiers of an entire division of the army. That guy has no business leading a troop to the war front.
Actually, if Murtala had not paused to maintain civil order in Asaba and had marched on to Onistha in pursuit of fleeing Biafran orcs , Biafran soldeirs won't have had the time to dig in around Onistha or blew the bridge.

I believe , Murtala wanted to prevent a total breakdown of civil order in Asaba . If he had marched on chasing fleeing Biafran orcs , the war would have ended more quicker .
PoliticsRe: Did Murtala Truly Commit A Massacre In Asaba ? by DomPerignon(op): 12:04pm On Jul 30, 2023
duro4chang:
Do we talk of judicial killing during war?
Well, it was a war and there are no legal definitions on how to kill the enemy.

You just kill em outside using biological or chemical weapons in civilian areas.

Chemical weapons are not banned as most people think.

They are only banned to be used in areas of high civilian concentration.
PoliticsDid Murtala Truly Commit A Massacre In Asaba ? by DomPerignon(op): 11:19am On Jul 30, 2023
No.

It was more of extra-judiciary killings and not an ethnic cleansing as we've been made to believe.

Was it a war crime ?

No.

This is because those rounded up and shot on the orders of Murtala had been actively collaborating with the Biafra invaders.

Most people do not know that immediately after the Biafran orcs retreated from the Midwest , there were reprisal attacks carried by non Ibo Bendelites on the Ibo speaking tribes for actively conniving with the Biafran invaders.
PoliticsRe: Why Ahmedu Bello Was Obsessed With The Igbos by DomPerignon: 11:13am On Jul 30, 2023
muykem:
Ahedu Bello was very knowledgeable and intelligent to have known this then. How on earth will you explain the desire of igbo all over the world to take over control of Lagos state politics? I can bet it with everything, Imo state man can never become Councillor in Anambra even if he has 95% of the electorate backing him.
Understanding the Ibo is not rocket science as the Ibo is an impulsive being inspired by greed and materialism.
PoliticsRe: Swedish Embassy Cites Prevalence Of Certificate Forgery As Reason For Visa Denia by DomPerignon: 11:08am On Jul 30, 2023
The Swedes voted for the first time a hard right party that has since declared multiculturalism and open borders a massive failure.

Sweden is now embarking on massive deportation of immigrants and asylum seekers owing to an explosion in criminal activities carried out by this demograph.

The criminal deposition of mainly Arab and Muslim migrants is what made the Swedish people vote in a conservative hard right party .

Sweden has reorganised her once liberal open border policy to having very strict immigration rules.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 7:14pm On Jul 19, 2023
nighthawk1:
PLS CAN YOU EXPLAIN MORE.....THX

I honestly cannot point at any factor presently that can help the naira rebound.
Recalling excess liquidity through the open FX market.

All monies raised from this, should be recalled and destroyed .

This will curb inflation .
PoliticsRe: Reminder That The Same People Condemning FX Policy And Fuel Subsidy Removal by DomPerignon(op): 6:58pm On Jul 19, 2023
nairalanda1:
Which is why it should have been done over a year, and should have been done much earlier, instead of later.

(Besides it was making things difficult for the crooks and criminals ...especially kidnappers.)

Considerting the amount of free cash out there, which means that anyone can do evil and the evidence is not there for prosecution...

Also, the world is going cashless. Keeping money in a box in your room is no longer feasible.





Like I said, I am no apc, pdp or lp supporter, and for good reasons.

My reasoning is my own.
Just get out.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 6:56pm On Jul 19, 2023
grandstar:
350-400? Just perish the thought. This will deprive government of lots of revenue. Don't forget the bulk of government revenue comes from crude oil dollars. A very low exchange rate means very low Naira income.

Bismark Rewane has said 640-680 range and it seems accurate, that is if government does everything right.
I still stand on my projection.

All that Buhari era loot will soon be converted at such a high rate.

They are closing accounts before Tinubu appoints a substantive CBN governor who will freeze these accounts that normally would have been flagged .
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 6:39pm On Jul 19, 2023
crismark:
Dey play grin
Actually, the importers are the ones set to lose.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 6:38pm On Jul 19, 2023
Cyoung4real:
Lol, in your dreams. Something that’s is headed to 1k
It will crash because there is no money to support any import based business that utilizes the current high rate.

You don't even know that floating the naira benefits local manufacturers as they are the ones who will recapture the market from importers .


More FX will flow to manufacturing firms to import critical production inputs than will go to importers .


Tinubu has even hinted on opening the borders for imports,thereby removing any protectionism.

When importers see they can't compete with high FX they will switch to local manufacturing.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 6:30pm On Jul 19, 2023
coleon:
When I see comments like this that get likes I just know that most Nigerians are plain ignorant about the economy and how it works. What's making the exchange rate worse is not some money kept somewhere it's simply that there's no supply meanwhile demand is outrageous.
As at yesterday almost all Nigerian banks have billions of dollars of backlogs of matured fx obligations yet to be settled dating back to as far back as 2016.
Until all that backlog is cleared there's no hope for the naira in a floating regime. Even when the backlog is cleared there still won't be hope cos everyone has lost hope in naira and dollar supply will still not be adequate .
Normally I won't reply to ignorant posts like this but for sake that others will be infected with your brand of stupidity I must clarify certain issues you raised.

Firstly , this is the second time the naira has been allowed to float freely .

The first time was under IBB after the disaster known as Buhari had wrecked the economy .

Buhari hid under protectionism to hide the dwindling FX reserves which greeted his treason on our polity.

A simple check on FX reserves from CBN archives will show you a significant dip in FX holdings between December 1983 to January 1984.

As Buhari carried out his coup on our polity on behest of the then struggling Thatcher govt that was battling a recession, huge amounts of money was moved by Buhari to pay our creditors in London . This was a debt that was hanging from the senseless civil war which you guys instigated.

Shagari had insisted on debt rescheduling due to a slump in oil price and huge theft by the Obasanjo govt - notably, the missing oil money scandal by the Buhari headed NNPC.

Britain at this time was dead broke and was facing waves of coal and rail workers strike. This was when Baron Victor Rothschild as adviser to the Thatcher govt and head of MI6 instigated another coup in Nigeria. The first being your senseless coup of Jan 15, 1966 that turned Nigeria from zero debt to owing Jewish Banksters in London which Rothschild was a major creditor.


IBB was forced to float the naira in other to reopen the economy. The naira was fixed at #4 to a $1 and after its first trade closed at about #12. That's a whooping 300% devaluation and nothing compared to the current drop we are witnessing

By the time Abacha took over it was at above #20 to a dollar. Abacha will borrow some buharimonics for political reasons only and despite this, the naira was forced to crash to about #40 to a dollar on Obasanjo being sworn in. So between 1983 to 1999, the naira devalued by over 1000% despite all artificial attempts to prop it up through fixed pricing.

You must also understand that the naira is one of very few currencies that has never been traded internationally, thereby making it a non convertible currency outside it's soverign borders. You can only convert naira at Nigeria's land borders. Outside this, you will not see anyone willing to touch it.


You argument is based on continuing the failed system that only promotes a parallel market which insider traders are the only beneficiaries.


You know nothing.
EducationRe: Mmesoma Ejikeme Apologises To JAMB by DomPerignon: 5:58pm On Jul 19, 2023
Roger3D:
She should be given a lighter sentence because after all even at 19 she's still a child. But that doesn't mean she shouldn't be punished o
I am sure she used her adulthood to the fullest to vote Obi.

Child kor, pikin nii
PoliticsRe: Reminder That The Same People Condemning FX Policy And Fuel Subsidy Removal by DomPerignon(op): 5:45pm On Jul 19, 2023
Sweetrosie:
You go still trek go back home after doing todays owomida work.


Nonsense
All humans are bipedal.
PoliticsRe: Reminder That The Same People Condemning FX Policy And Fuel Subsidy Removal by DomPerignon(op): 5:45pm On Jul 19, 2023
nairalanda1:
Emefiele aside, cashless policy did have some sense in it

First, reduce banking costs, second, better manage the economy, and third...remove cash that was outside the system and force everyone onto the banking system...which long term would have made kidnapping and banditry difficult to prosecute with cash. (Since everything is on the system, nothing like carrying big bags to meet the crooks).

The problem was, it was too rushed , too soon. Had it been implemented in 2019, and over a year, it might have made some sense by 2023.

(I am not a PDP, APC, LP supporter, nor do I back tinubu or emefiele or Buhari).
Cashless policy had zero sense.

It put banks as un wanted business partners in every transaction.

The banks made huge money from fund transfers and also currency trading.

The human suffering especially those outside the formal sector especially in rural areas was immense.

How any of you try to rationalize a very bad policy shows how partisan you reason.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 5:42pm On Jul 19, 2023
ChybuzzDD:
What have you been able to achieve with your useless Nigeria?.

You foolishly floated a currency that was been rightfully defended because of its inherent weakness, and falsely promised Nigerians the rate would crash.

Now, seeing the effects of your rash and thoughtless actions, you've not only evaded taking responsibility, but have also pushed the blames on unknown group of people.
Let us see how a dru.g crim!nal will save a crumbling country
We will see how your Biafra currency will turn to the new Dollar of Africa .
PoliticsReminder That The Same People Condemning FX Policy And Fuel Subsidy Removal by DomPerignon(op): 5:36pm On Jul 19, 2023
Also supported Emefile's senseless cashless policy which was openly brandished as a political tool to curtail so-called voter inducement and to end kidnapping and banditry.

The idiots did not see that Emefile was abusing his office using the cashless policy that was meant to actually mop up excess liquidity printed and circulated by same Emefile to prop up the failing economy that he contributed immensely to its collapse.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 5:29pm On Jul 19, 2023
Angelfrost:
He asked very salient questions which every young Nigerian should be bashing and throwing at those in power...!

If all hands are not on deck to change the direction of the economy from high import dependence to Massive export and production, then the Naira will be buried permanently!
Then why Tinubu rolls out policies to discourage importation, you guys will be the ones screaming "anti Ibo".
PoliticsRe: Should The South East Be Allowed To Leave? by DomPerignon: 4:14pm On Jul 19, 2023
AfricanColumbus:
The HDI will increase if the educated Southeast population in other regions leave to Biafra.

The FG does not import on behalf of the Southeast businesses. The Southeast busineses have enough forex for their businesses.

This is not a point. There are means of currency exchange everywhere.

The FG has little infrastructural investment in the Southeast.

Businesses get forex remittance from abroad directly without government involvement.
You are dreaming.

You think FG will continue subsidizing your region ?


All those FG and state projects that were built with loans, you think FG will continue paying for them ?

You don't even know why so many Nigerians who hate your ass are now clamouring for your Biafra .
PoliticsRe: Seun Get A Grip On The Forum And Stop This by DomPerignon: 4:12pm On Jul 19, 2023
pacesetting:
Seun this forum is gradually turning to a breeding ground for bigotry and tribal hate.

Every thread on the front page is now an avenue for insults and tribal hate, irrespective of the topic.

Sensible people are leaving in droves.

As someone who has been on this forum for over a decade, it's no longer serving it's purpose.

Do something about this Please.
Maybe if you spent as much energy expended complaining to Seun about other posters airing their views into educating your people not to be so materialistic , then maybe we won't be reading about them everyday here for one crime or the other.
PoliticsRe: Advantages Of Fuel Price Deregulation by DomPerignon(op):
Demand for FX to import fuel will see to a vicious cycle of increasing FX that will see to higher cost of PMS.

With or without fuel subsidy removal,the cost of fuel will still go up as long as we are importing and maintaining a scam subsidy regime.

Let's put politics aside and remember why you supported subsidy removal under GEJ and how politics and a president too weak to follow up on his own policy saw to doomsday being postponed.
.

Even if by miracle Obi finds himself in Aso Rock, do you think he will return to the status quo.?

Will you now support the current system because your Obi supported it ?


Remember that you Obidients blindly supported the worst monetary policy ever initiated by a sitting CBN governor and you did not even bother to hide your partisan reasons for supporting the cashless policy .
PoliticsAdvantages Of Fuel Price Deregulation by DomPerignon(op): 2:20pm On Jul 19, 2023
1. No looting via subsidy scam

2. Forex challenges have seen to high cost of fuel after deregulation because 99.9% of fuel in Circulation are imported.

3. Modular refineries now look like a good venture that will not only eventually end fuel imports , reduce demand for Forex , capital flight but also create much needed jobs!

The same argument for fuel subsidy removal in 2015 still holds sway today.

With a serious govt we can easily turn this around .

Both the deregulation of fuel and the FX market are a big win for Nigeria in the coming months.

The FX window has seen to massive mop up of excess liquidity from the system. This excess liquidity is what Emefile created from thin air to artificially prop the last disastrous Buhari regime. Emefile's cashless policy was a slight of hand gimmick to mop up most of that excess liquidity he created from thin air.

The FG must use the FX market to remove all that excess liquidity in circulation. FYI, only Buhari looters are the ones desperate to bid so high for Forex as the sack of Emefile, who gave them cover in hiding their massive naira stash accounts is no longer heading the CBN.

A deregulated FX and fuel market will in due time see the naira stabilizing to 350-400 in the coming 3 months and fuel pricing crashing once modular refineries come into commission.

Anyone using this most neccessary policy shift for political gain is evil.

Yes, Tinubu was part of those who opposed deregulation and it is fitting he is bearing the brunt for seeing to dregulation of the FX and fuel subsidy scam removal

But we must commend him for being brave enough to do the right thing.

Inb4: "you voted for him".

I didn't but that won't stop me from supporting a good policy though painful for now.
BusinessRe: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by DomPerignon: 2:03pm On Jul 19, 2023
FG should begin recalling most of the currency in circulation printed from thin air by Emefile through this Forex window.

This how the FG can utilize the Forex to remove excess liquidity from circulation and drive down inflation.

The only people betting against the naira are Buhari looters who , without Emefile's protection, are now moving their loot through the Forex window .

No genuine business will bid so high for Forex in such a challenging economy. What do they want to import that they are desperate to bid so high for Forex?

In a few months, if the FG compels the CBN to withdraw all excess liquidity from funds raised through the FX open window bidding, the naira will regain to about 350-400 to a dollar.
PoliticsRe: Should The South East Be Allowed To Leave? by DomPerignon: 1:31pm On Jul 19, 2023
AfricanColumbus:
Can the Southeast survive on its own?
See my post above.

You still believe you will get access to Nigerian markets and Forex flow coupled with federal subvention.

Remove all these first and pounder how your Biafra will look like.
PoliticsRe: Should The South East Be Allowed To Leave? by DomPerignon: 1:30pm On Jul 19, 2023
When the SE is expelled do you think they can sustain any of the HDI you mentioned ?

For one, they won't be able to sustain their import based business model as the Biafran central bank will not have Forex flows to support such imports. Then when you consider that they won't have access to Nigerian market this spells doom for their business model.

What of food imports from Nigeria?

Biafra will have to pay in either naira or dollars. Nigeria will not accept useless Biafran fiat currency.

What of infrastructure ? Most of the gains they enjoy from this is either through direct federal govt funded projects or in the case of state projects, subventions from the federal govt.

The only Forex flow into Biafra will be from diaspora remmitance and it will be looted and the Biafran currency devalued and debased to hide this .

Biafra will be a shit hole and descend to unimaginable chaos, anarchy and degradation .

The UN food agency as well as other relief groups will be the major source of food and medicine in Biafra.
PoliticsRe: EFCC Disowns Lawyer Prosecuting Stella Oduah by DomPerignon: 1:22pm On Jul 19, 2023
The cop was abusing the court to extort Stella.

Him own don done.

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