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Politics / Re: Man Who Accused Dangote Of $4.3 Billion Fraud Also Trending For 200b Naira Fraud by Eagle1(m): 5:49am On Nov 25, 2023
Ope Banwo needs to tell Nigerians about his antecedents at First Aid Finance and how it is different from the current story.
Politics / Re: Appeal Court’s Certified Judgment Affirms Governor Abba’s Election - Kano AG by Eagle1(m): 8:43am On Nov 22, 2023
Timi4455:
tongue

HOW MANY PEOPLE HAVE YOU DEFRAUDED WITH YOUR FALSE CLAIMS?
Politics / Re: Tinubu Appoints Three New NUPRC Executive Commissioners by Eagle1(m): 6:51am On Nov 08, 2023
Grinasomi:
cool

Fraudster, hope your life has improved now. Omo ole jati jati
Crime / Is This A Fraud? by Eagle1(m): 3:03pm On Oct 23, 2023
Going through this space, I came across a number that advertised the recovery of Facebook and other apps. Having tried unsuccessfully to recover my FB page, I contacted the number and we chatted and later agreed on N7,000 for the recovery of my FB and LinkedIn accounts. We agreed 50% payment upfront and the balance will be paid on completion in 48 hours. The 48hours lapsed on Saturday 21st October, 2023. Since then the guy's number has been switched off and his WhatsApp is no longer going.
His name is Victor Onyebuchi Ajogwu. His phone number is 09076451423.
These type of criminal are giving the platform a bad name. The first thing he did on Sunday morning following the deadline is to remove his display picture from his WhatsApp.
I will appreciate if the members here can assist look into this complaint before such crooks chase away genuine people from this forum.

1 Like

Politics / Re: Shatu Garko: MURIC Backs Hisbah, Says Miss Nigeria Pageant Is Like Bbnaija by Eagle1(m): 11:22pm On Dec 22, 2021
Health / Re: Suspected Lipoma - Can Surgery Be Avoided? by Eagle1(m): 6:58am On May 02, 2021
@Elonmuskfan

My reference to anathesia is not as a cure just the type suitable for such surgeries

I watched Dr Pimple Popper, a dermatologist and this got me confused. Who is best suited for the surgery - the dermatologist or a surgeon?

I understand that there might be tests after the removal to determine the drugs regime. I'm trying to build confidence and take a safe decision with adequate information.

Thank you
Health / Suspected Lipoma - Can Surgery Be Avoided? by Eagle1(m): 6:31am On May 02, 2021
Docs and medical professionals pls I need your urgent response and assistance. There is this painless lump on my left thigh. The growth started about 4 years ago. Initially I thought it was an insect bite. A friend suggested it is lipoma. My question is can it be cured with drugs? If the answer is negative, who do I consult for the removal - a dermatologist or a surgeon? What type of anathesia is best suited for the surgery? Any recommendations pls?

Thanks for your kind assistance.
Autos / Wanted: Mb E350 by Eagle1(m): 12:05pm On Jul 16, 2020
Have you got for sale? MB E 350 2009 Model
No tint, attractive wheels and non dark colours

Please post pictures and price here.

Thank you.
Programming / Needed Urgently: Social Media Platforms by Eagle1(m): 1:42pm On Nov 09, 2018
Please contact me if you have developed social media platforms with not less than verifiable 20-50k followers.
Send text only to 08147952736.
Properties / Gated Estates In Abeokuta, Ogun State by Eagle1(m): 1:45pm On Aug 05, 2018
A friend is thinking of relocating to Abeokuta.
House preference location is gated and paved estates in the city.

House type is clean and well built duplex.

Please if you have any, indicate with pictures and we will get back to you.

Thank you.
Politics / Re: Gov. Fayose Was Been Tear Gas And He Slumped by Eagle1(m): 12:47pm On Jul 11, 2018
Drama king grin grin grin grin grin

2 Likes 1 Share

Agriculture / Re: Wanted Urgently: Information On Cassava Processors by Eagle1(m): 4:53pm On Jun 29, 2018
Abdulrasaq01:
GROWLINKS INTERNATIONAL COMMODITIES LIMITED, Ogun State.

Thanks a lot. Can you oblige with details and contacts pls?
Agriculture / Re: Wanted Urgently: Information On Cassava Processors by Eagle1(m): 4:51pm On Jun 29, 2018
Gods300men:
Gidof Multilinks Nig. Ltd. Oyo state

Details and contact(s) please
Agriculture / Wanted Urgently: Information On Cassava Processors by Eagle1(m): 11:39am On Jun 26, 2018
Please I am compiling a list of Cassava Processors particularly in South West Nigeria. Please drop your suggestions and informations here. Thanks a lot for helping out.
Politics / Where Is General Momoh? by Eagle1(m): 11:01am On Jun 06, 2018
The 37-minute recording details the conversation between these men as they bribed Brigadier General Momoh with a promotion for his assistance in carrying out election fraud in[b] Ekiti State[/b]. In it, Mr. Obanikoro is clearly heard informing the group of men, “[I] am not here for a tea party, [I] am on special assignment by the President.”
http://saharareporters.com/2015/02/05/how-obanikoro-fayose-chris-uba-and-brig-general-momoh-rigged-ekiti-governorship-election
Politics / Re: President Buhari Commissions Sunti Golden Sugar Estate (Photos) by Eagle1(m): 4:50pm On Mar 15, 2018
Upping the ante. Nice one. Most likely will be making use of sugar cane from Kaboji Farms, another subsidiary of Flour Mills, situated within the same axis.
Politics / Re: Gunmen Attack Ex-militant Country Home In Bayelsa by Eagle1(m): 9:18am On Jan 24, 2012
koruji:

Four policemen and a gateman sustained serious injuries in the attack and are currently hospitalized.


Police guarding the house of an ex-militant? No wonder there is not enough policemen to tackle BH.
Politics / Re: ACN Scribe Rejects Jonathan's Pib Appointment. by Eagle1(m): 10:26am On Jan 19, 2012
manchy7531:


i laugh in Madagascar, all these yoruba clowns Una no go kill me, with all this Una agero-fuji comments.


Don't worry we understand his problem,he is protesting the deployment of troops to Lagos by FG.Obviously the next man is available to take the appointment,so he can go and commit suicide like , if he like.we will bury him and not miss him.Shior


Avoid fake drugs
Politics / Re: Fuel Subsidy Update: Impasse Would Soon Be Resolved – Sambo by Eagle1(m): 1:15pm On Jan 14, 2012
ceomike:

“There is great hope for this country. As you are aware, just yesterday (Thursday), we had dialogue with labour and Insha Allah, with the guidance of Almighty Allah and our prayers, it (the impasse) will soon be resolved,” he said.

Source: http://www.punchng.com/news/fuel-subsidy-impasse-to-be-resolved-soon-sambo/

http://gog.li/guu

@Mod,

This should be in Religion section. What is it doing here? angry angry angry

They wont ever surprise you, always using religion to hoodwink gullible Nigerians. Mtshceeew angry angry angry
Politics / Re: Nigeria Bank Boss Sanusi Defends Fuel Subsidy Removal - BBC Podcast by Eagle1(m): 11:25am On Jan 06, 2012
SLS is just another bare-faced propagandist opportuned to be in a position for which he is barely qualified. His argument is just another hollow attempt at justifying squeezing the populace dry while they revel in more comfort. Talks about industrialisation are off key remarks that should be disregarded. Now, in one breadth, he admits in-efficiency in govt but does not believe in tackling the root cause of the inefficiency. Rather the people should pay because the people at the helms of affairs are corrupt.
Politics / Re: Nigeria Bank Boss Sanusi Defends Fuel Subsidy Removal - BBC Podcast by Eagle1(m): 10:48am On Jan 06, 2012
http://www.proshareng.com/news/15923

Is it this?

Here, SLS shares his convictions and presents a holistic insight into the reality about the Nigerian economy, governance, corruption, the growing gap between the rich and the poor, the challenges to sustainability, the need for the recalibration of the current debate and concerns about the decision taken to remove the subsidy on PMS.


The Case for Subsidy Removal
QUOTE - As a Nigerian and an economist, I often take positions on economic matters and this position is one I have had for years long before coming in to the Central Bank. I have also taken time to explain this position on several occasions and criticised government for not doing this before now.


In 2010 at a public hearing in the House of Reps on the 25pct saga I alerted the nation of what I considered a potential big scam around subsidies and urged for its removal. No one paid attention. The economics is very clear to me. That it is unpopular is also understandable.


The British public is unhappy with Tory budget cuts. The Greeks went on riot over austerity. Italian parliamentarians came to blows before Berlusconi was thrown out of office. The US congress is yet to approve Obama’s tax increases.


Economic decisions-by definition-ALWAYS must involve a cost or an opportunity cost since for them to qualify as economic they must involve a choice in resource allocation among competing uses.


An enlightened debate is one that weighs the pros and cons of removing subsidy and continuing with it.      Removing it has costs in terms of Nigerians paying more for PMS-which by the way is not the fuel for generators, power plants, production facilities, heavy duty goods transportation trucks and even luxury buses. It is fuel used by the middle class and car owners to drive around town and from city to city not to employ workers and produce goods and services.


Diesel which is critical to manufacturing and employment creation is not subsidized as the subsidy was removed years ago by President Obasanjo. Nigerians said nothing then because it was blue collar workers that got retrenched by factories. Those speaking now on the internet and facebook and twitter and newspapers are not workers but middle class elite who use PMS in their smart cars so let's stop all the ideological pretence. This is not about elite and masses but an intra-elite discourse.      



I will summarise the issues and I write as a Nigerian economist and public intellectual not as a public servant:



1. I am a strong advocate for subsidies if they are for production and not consumption and if they benefit the poor and not middle men and rent seekers. The US government subsidizes cotton and wheat farmers and Nigeria spends its reserves importing wheat from America and keeping American farmers employed. The OECD countries pay subsidies to cattle farmers. Today Promasidor imports powdered milk from New Zealand and packages in Nigeria using our foreign exchange while we have cattle. WAMCO imports milk from the UK and adds water and tins it and calls it "production" of Peak milk. We use our Forex to import petroleum products and keep refineries and jobs open in Europe. Meanwhile precisely because of market distortions there can be no private sector investment in refineries since no one can make profit selling at the regulated price unless we are going to provide private refineries with crude for next to nothing. Certainly no one can purchase crude at market price, refine it and sell at N65 without huge losses so this explains why there are no private refineries.  



2 What I mentioned above is at the heart of the problem with government economic policy which needs to be changed. The economy since SAP is one that supports imported consumption and not local production, perpetuating dependency, non inclusive growth and insecurity. Why is it that the economy is growing at 7pct annually but the people are getting poorer? The answer is simply because growth gains are not evenly distributed. Personal income is skewed towards people in the oil industry, Telecoms, high finance, stock market, real estate and yes civil servants and politicians who feed on corruption. We produce crude oil but import petroleum products (today the UK’s highest exports to Nigeria are petroleum based products).


We have a large cotton belt but import textiles from China (thus keeping their subsidized factories open and jobs in china). We are the world's number one producer of cassava but import cassava starch from Europe. We have a huge tomato belt in Kadawa, Jigawa and Chad Basin but are the world's largest importer of tomato paste - from China and Italy. We can produce rice but we import rice from Thailand and India-most of it from grain reserves that have been in stock for over 5 years. I can go on and on    


3. If the above is clear then it is evident that this trajectory can only lead to disaster. We will continue to spend our resources promoting growth and employment in our trading partners’ countries. When the Terms of trade shift against us, we can only have foreign reserves because by the good grace of God we have Oil which will be exhausted soon and with new discoveries may become so cheap it loses value. We don't create any value-added jobs as the only real production is peasant farming. Oil, Telecoms, finance and real estate are not employment intensive. So everyone becomes a civil servant as the economy cannot create jobs. In the 2012 budget, out of a total N1.8tr recurrent expenditure for the executive arm N1.6tr is on personnel costs not overheads. To reduce this you have to cut salaries or pensions or retrench civil servants. This is the classic trajectory of underdevelopment, de-development and de-industrialisation.  


4. For the above reasons I am a strong proponent of structural reform and this begins from the fiscal framework. The limited resources of government should be allocated to supporting production-especially if we are running a budget deficit. We cannot keep borrowing to support conspicuous consumption. To support a job creating economy we need to fund power, transportation infrastructure, market infrastructure and access, technical and vocational education etc. We need to build rice processing plants, produce starch and cassava flour and ethanol, process our tomato and milk locally, regenerate our textiles firms (which used to employ 600,000 workers but now employ 30,000!), refine our own crude etc. We cannot even begin to do this if 30pct of govt expenditure is on fuel subsidy, if out of the balance 70pct is recurrent spending, 10pct is debt service, 10pct goes to the Niger Delta and only 10pct is capital expenditure. So it is about a choice-what do we spend money on and how do we allocate resources?  This is the real debate we should be having.


5. We often compare ourselves to other oil producing countries like Saudi Arabia. What are the facts? With a population of over 160m we produce 2mbpd i.e. 1 barrel for every 80+ citizens daily. Govt share of revenues is like 50pct of every barrel so it is effectively a barrel for 160 citizens. Saudi Arabia with a 24m population produces over 8mbpd or one barrel for every 3 citizens. In fact in 2010 the nearest OPEC country to Nigeria in production per capita was Algeria with a barrel for 30 and Algeria is more gas than oil.


With one barrel for 3 citizens daily, Saudi Arabia is able to provide infrastructure, education, healthcare and social safety nets and have huge savings. It can provide subsidised fuel at a total cost that is a fraction of its savings and even export refined products. It is paying for subsidies out of its fiscal savings and not borrowing to pay.


We are like a poor man with a rich neighbour. The neighbour builds a good house, buys several cars, eat expensive food, travel abroad every year and still have huge balances in several current accounts. Then you choose to live that lifestyle and mortgage your house, take an overdraft from the bank to finance it. Next year it is time to repay the bank, you don't have the money so you go to another bank; borrow enough to pay the first bank’s principal plus interest and also fund the continuation of the lifestyle. It continues till you can't borrow anymore and the bank throws you and your family out of your house and you lose everything. A responsible father would have long since faced reality and told his family he doesn't earn as much as his neighbour and expectations need to be moderated if they are to keep their roof. Of course the children won't be happy at not going to Hawaii for summer and having to take public transport rather than own cars like their neighbour's children. Maybe they will even abuse the father behind his back and call him a miser. That is the cost of leadership.


Finally: removing subsidy is not a silver bullet that solves our economic problems. Further, there is a huge trust deficit that government has to address. Government needs to investigate subsidy payments and punish any violations of extant guidelines. It needs to cut off unnecessary and wasteful expenditure. It needs to fight corruption and show seriousness in that. It needs to deliver on capital projects, power and infrastructure including irrigation, farm-level storage and agri-processing.


These are all valid issues that are to be taken IN ADDITION to and not in place of subsidy removal. UNQUOTE
Politics / Re: Jang: Only Haters Of Nigeria, Economic Recovery Oppose Subsidy Removal by Eagle1(m): 10:41am On Jan 06, 2012
idiots like Jang will always stand truth on its head. Why is he in Abuja when the level of governance in Plateau state is abysmall to say the least. Can't readily fathom the problem with our democracy that every governor must rush to pay obeisance in Abuja, stupidly wasting funds they say are not available. Do governors in the US rush to support Obama on every policy? While they keep rehashing SLS stupid line of argument about diesel deregulation beats me.

grin grin grin I laff  at Beaf's echo of payment to pregnant women. What a stupidly disingenious way of wasting scarce resources. will the payment be to PDP, ACN, ANPP or Accord Party supporters? Who is going to disburse or will this not be another issue of 'cabal' sharing the money? Imagine the govt saying they are buying 1,600 buses! Pity. On which roads?
Politics / Re: Fg Imports 1600 Diesel-run Mass Transit Buses by Eagle1(m): 9:16am On Jan 05, 2012
Na today?
Autos / Re: SOLD!!!!!!!Pre-order Promotion -2003 Camry LE - - -4 Weeks Delivery by Eagle1(m): 5:46pm On Jan 05, 2010
Fhemmy,

Love ur approach to business. Very unshylock-like. How much is a 08 Accord? Now what does your pre-order mean? Does it include delivery or it stops at the port for me to clear? Thanks
Autos / Re: Mitsubishi Pajero For Sale, Japaneese Import 750k quick sale by Eagle1(m): 8:30am On Jan 02, 2010
@poster

Since its now within your reach, then post the pix of the interiors
Religion / Re: Prophet T.b. Joshua Donates Two Brand New Transformer To Our Community by Eagle1(m): 12:02am On Jan 02, 2010
@ poster

another one? Why are pple trying so hard to whitewash this man. One thread writes about his rice giving, another is talking about transformers. na wa oh. But seriously, what work does this 'man' of God do? Is he into stocks or whatever? Or how come he has so much money he can afford to just dash these things out like that? If his work is God's work, then he must be taking from the tithes, offerings and 'gifts'. Is he accountable to anybody? if he is truly a man of God, must there be so much noise about his 'social responsibility'? Just can't understand these TB guys.
Religion / Re: Prophet T.b Joshua Donates To The Needy by Eagle1(m): 11:52pm On Jan 01, 2010
I laugh in TB Joshua. D man na proper clown. He has powers to conjure d things, why carry on his head now? See the blind/sick people wey sit down, he's supposed to heal them instead of giving them rice.

I tire for dis cele pastor grin grin grin grin
Politics / Re: Vote For Your Worst Minister In Yardua's Cabinet. by Eagle1(m): 11:58am On Dec 27, 2009
Where u put Demola Seriki? D guy no even know where his office dey? He is either throwing parties 4 his numerous GF or drinking beer in Island Club.
Politics / Re: Yar'adua Still On Life Support by Eagle1(m): 6:19pm On Dec 23, 2009
source puleeezz
Politics / Re: Alao-akala To Get Leadership Award by Eagle1(m): 6:15pm On Dec 23, 2009
Yoruba deviant politics na die. Ogbomoso First Group obviously took their cue from Abba Saheed(remember him, Tola Adeniyi?) a fervent follower of Awolowo, when hunger wan kill am, he joined OGD in Ogun State. Today, he's special adviser without portfolio. What about Ebenezer Babatope(Ebino Topsy)? The man wan praise Yarasnail die.

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