₦airaland Forum

[quote author=Rhino.5dm]I'm a realist! Thats just the truth! It happened in south africa, recently. Or do you think the new Oodua republic would act differently? The first thing you do in a new country is to take control of your economy and how do you that in a jungle?

This is africa and thats the way its gonna be, for the next 500 years. Pray tell you live that long [/quote]I know. But it is one of those things that if you talk about openly make you look bad. Anyway, there are ways to accomplish whatever objective you want that will still look good on TV, won't make you look like a villain to 3rd parties, etc.

What can we say though.

Not everyone knows their own home state very well, lol...at least the Ilesha axis

Ilesha, if there was power in Nigeria and good internet access I would be happy to live there when I'm older.

Fairly good roads (by Nigerian standards), cheap food, a good market.

I dunno how anyone can say that town is a village.

Minus the electricity, it is more bustling than at least a few towns I've driven through in Texas..

Rhino, it would be a bit foolhardy to do any selective killing (if one were so inclined) right away. You'll attract negative attention from the rest of the world, they'll portray you poorly, etc.

There are other strategies (more subtle) that one can use to achieve the same objectives.

Anyway, imo we should leave it at that. This particular subject is one for discussing privately, not publicly on an internet forum lol.

Let us say no more on the subject...back to the topic at hand.

Also, lmao at Onlytruth of all people say "think for once"

Mr GRE telling someone else to think for once.

Why do threads like this attract confused idiots? First Fstranger, now this guy..

When you get your teeth kicked in during a discussion, do you typically run away until somebody else interacts with the guy who shattered your mouth?

Adedibu, we hail you

You missed the point. It isn't about best or worst. It is that neither will happen.

Anyway, not much profit in me bloviating about this subject (at least with you). At some point, if/when Nigeria splits, we will see.

Heh

Sarajevo first. Now Vatician.

You must be high as a kite, lol.

Well, in the event that Nigeria breaks up and we obtain our independence, we'll indeed find out whether talk was cheap or not.

Heh

I'm sorry. I just hate when people spew garbage out of their mouth. It angers me that this guy has had the benefit of going to school in the USA, yet still reasons like a bush man.

What is the point of this education if you will still shout "OYEL?"

omotayokay: 9 A1s in waec
290 in jamb
336 in OAU post jamb..omo no kind runs can go dis far..
Not doubt, the gal is a witch, sorry, a genius.
Thumbs up Tolu!

With that said...it depends on the type of leadership Yorubaland has.

If it somebody like Fstranger, who despite all the advantages and exposure he has in life reasons like Lamidi Adedibu, then hell no to any Yoruba Republic, and long live Nigeria

You cannot have a man with primitive mentality be the one to lead us forward.

afam4eva: Stranger has made some valid points. Let's now throw away the baby with the bath water. Without oil, all regions in Nigeria will experience a backlash and it will take a long time for some of them to recover.

In the short term, yes.

You lose some fraction of your economy for sure. But given that this part of the economy was the slowest growing anyway...

Let's put it this way. You have a pie. Someone offers you two choices:

A) He'll takes away 10% of it from you. The rest grows at 9% per year.
B) You keep the entire pie. But now it only grows at 5%.

Which option do you take (assuming that you can manage the temporary loss)?

One cannot let short term pain blind you from long-term gain.

strangerf: You know what you have up there is wrong?

Which aspect? Be more specific...don't do another Merrill Lynch.

So from your own words, if your goal is to tackle unemployment, doesn't it tell you that the way to salvation then is not oil?

So why are you so obsessed with the oil? Is it that oil that will provide jobs for everyone?

Like, why not follow the logical implications of your own beliefs and statements?


And this is an educated man who has had the benefit of seeing the world, seeing how things are done elsewhere.

And you still reason like this?

What was the point of all this education your parents helped you obtain if you won't use it?

O ti su mi

strangerf: This is all nice and dandy on paper. The problem is nothing gets done on paper. Reality is far grimmer that what you wrote up there.

Reality will of course be grim with people like you, whose only contribution to discourse is "without oiled we are fvcked!"

strangerf: GDP is going up, unemployment is going up as well, does that tell you anything?

Lmao.

You do realize that population growth affects unemployment, right?

If your population grows at 3% per year, economy at 8%, unemployment won't necessarily fall unless the sectors of your economy growing also create lots of jobs.

Given that Nigeria produces very little electricity...

See, a lot of these seeming "mysteries" that you have such difficulty figuring out would be a lot clearer if you sat down for 3 minutes to do some thinking.

Lol.

So a little puzzle for you, o thou dimwitted Fstranger.

Here are some facts:
a) The non-oil sector is ~60% or so of Nigeria's economy. Roughly that order of magnitude.
b) Nigeria has averaged, what, 7-8% GDP growth over the past 4-5 years?
c) During that same time period, the oil sector of the economy has been flat.
d) You claim that the only non-oil part of the economy that has grown is telecoms.

So how big is the telecoms sector as a fraction of Nigeria's economy? 30%? 40%

I guess everyone in Nigeria either is in the oil business or selling recharge cards

This is the problem when people who don't reason well start trying to figure out policy.

Stick to whatever you are good at...leave this for others to handle, my numerically illiterate friend.

I could see if Korea or Singapore were the only countries on earth who went from 3rd world to 1st.

But we have Korea, Singapore, China, Taiwan, Dubai on the march, Brazil on the march, India on the march, and probably others that I've forgotten.

Are we too stvpid to do what others did?

Even if you believe that you yourself are too stvpid, I am not

strangerf: Anyone can thrive on industrialization, but the real question is where will the initial capital come from? SW isnt South Korea remember? Dont mind all these diasporans jare. Some of them have no idea what they are talking about. Without that 'oyel" money we are all fu/c/ked! I repeat Without that 'oyel" money from Abuja we are all F/u/c/k/ed/

Says who?

Initial capital can come from the same place it came from for Dubai, Korea, Singapore, Taiwan, and for pretty much everybody else...investors who want to make money because you've presented them with a mutually beneficial opportunity.

Have you even looked at Nigeria's GDP data before you concluded that anyone is fvcked? You do realize that most of the growth over the past 5 years in the economy has been the non-oil sector? That the oil sector is flat? And for obvious reasons, will be flat going forward (at least, there are limits to how much it can grow)?

Look, if you are going to talk about issues like this, please at least make sure that you are more informed of what the #s look like before you open your mouth.

Aight..I'll be back later.

ttyl

shymmex: Bradford is just a small city, and it's of no use to the UK.. Lagos on the other hand, is where most of the new Oodua republic's money would come from - and how can you put people who are about 50% of the population combined in check - without infringing on the rights of your own citizens?

Bro, chill. We got this. Ain't a thang. Seriously. Your energies would be better invested in worrying about other aspects of this proposal

Lmao

OK. So you just googled "Enron power barge lagos" probably. Then came across this Merrill Lynch thing.

Well since you are googling, also type in "AES power barge lagos."

Once you finish, report back to us how much of Nigeria's current electricity production comes from that partnership Tinubu made with Enron (and later AES).

You are a bit of a dumbass dude..

Wtf are you talking about fstranger.

If the project was unviable and a fraud and in your words "a failure", then why is it still running today?

You do realize that it provides a big fraction of Nigeria's current power production, right?

shymmex: The only place in the UK that's overwhelmingly minority is Bradford, with Pakistanis - but they're put in check 24/7, trust me... They watch them all the time...

Then you have answered your own question.

There are certain things that one can do in a sovereign state that one cannot do in Nigeria as things are today..

How much money can agriculture bring us in this day and age? In no time, we will be back to living like our fore-fathers, in huts and windowless buildings.

You can make a sh1tload of money doing agric. 30-40% ROI per year depending on what sector you focus on.

The problem with (Western-style, industrial) agric is that though it is very profitable, it doesn't create enough jobs...

Obviously nobody will be living like their forefathers unless you mean subsistence farming or something, lol

In 1999,2000 or so, Tinubu found a foreign partner (Enron) to supply electricity for Lagos State.

This is just 1-2 years after Nigeria was in a military dictatorship, mind you.

Why was Enron interested? To make money!

Why was Tinubu interested? To provide electricity for his state!

So both sides win. Nobody loses.

Investment is not a zero-sum game. Both sides can win.

Now if Tinubu was able to do this in 1999...how much more can we do in 2012 in Yorubaland?

Like I said...I'm not too worried about the future of the SW in a post-Nigeria setting.

What we need to work for is for Nigeria to split apart.

shymmex: I was raised in London, and I still live here. Minority don't make up to 10% of the UK population.. Blacks are only visible in London, and probably Birmingham, and we're not upto 2% of the population, FACT!!!

London, which has the largest minority population in the UK, we're not even upto 15% of the population of London.

It isn't a big deal, trust me on this. Certain towns in the UK are probably overwhelmingly minority. Nevertheless, for somewhat obvious reasons, this isn't a security risk, something that keeps the UK up at night

We can talk about this in another venue if you like...but hopefully you can fill in the details or do some reading of your own to understand why it isn't an issue.

@shymmex: I don't think it is an issue of whether one sees anything "good in Africa" or not.

As an investor, you want to put your money where it will get good returns, and the government won't meddle to destroy your profits if you are successful, or otherwise sabotage you.

By the way.. MTN and Vodafone's massive success in Nigeria. To you, does that make people more likely to invest or less likely?

I am not saying that finding investors is trivial. I just think that it is doable, if you put certain things in place.

The type of question one should be asking is, "How do you deal with the budgetary shortfall, given that a large % of the spending of the SW governments is essentially oil-based?"

That is a lot harder a question to deal with than many of the ones you've asked..

Some parts of south texas, demographically feel like Mexico.

Is the US shitting its pants as a result of this?

There are ways to deal with it, not a big deal...