Ektbear's Posts
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hehe |
This the guy wondering if end times were coming due to a magic trick? Calling someone else a mumu? ![]() i dey laff o |
*shrug* Somebody was going to have to pay. Wars don't come cheap. |
The 90s sucked, no? 70s were proly the best |
Bawss1:+1 Makes no sense to me |
Unfortunate. I wonder why he did it. |
stormm: ![]() |
Quote from: bashr4 on July 19, 2011, 09:03 PM i agree awo gave us tribalism even gowan was shocked that awo will come up with an idea to take all the money belonging to igbos , he is nothing but a common thief Who else should have paid for the war but the losing side? Or you expected the winning side to foot the bill? |
Hrm, I didn't know Somalis are despised like that |
[quote author=alj_harem link=topic=717570.msg8758027#msg8758027 date=1311217101]op u are looking trouble [/quote]Lol, there is nothing tribal in me posting this article |
on JULY 21, 2011 · in NEWS …Orji to prune aides BY ANAYO OKOLI Umuahia – ABIA State government, yesterday, expressed doubts over its ability to pay the N18,000 minimum wage to its workers. This came as Governor Thedore Orji was said to be planning to prune the number of his personal aides. Commissioner for Information and Strategy, Chief Don Ubani, told journalists, yesterday, that the government would pay the new wage if revenue allocation was adjusted upwards in favour of states and local governments. Ubani said that Abia State paid N1.8 billion monthly wage bill, out of an average monthly federal allocation of N2.8bn. He argued that with the new minimum wage, nothing would be left to run the administration. Ubani said: “If the minimum wage is to be critically implemented, it means that many states, including Abia, would be left with nothing after paying salaries and allowances. “The idea of the federal government having 52 per cent of the federal distributable revenue is unacceptable. “That the governors have accepted to pay the N18,000 wage is a sign of good intent, but there is something that is very important: the issue of fiscal federalism should be restored. “If it is not reviewed, it would leave the states badly handicapped. When the states are financially healthy, there will be peace and stability in the system but if they are sick, there will be crises.” Ubani, however, noted that Governor Orji was determined to cut down the high cost of governance in the state by reducing the number of his aides. He said the reduction of the governor’s security vote could only be decided by him, based on the security situation in the state. http://www.vanguardngr.com/2011/07/we-cant-pay-new-wage-abia-insists/ |
http://www.vanguardngr.com/2011/07/nigeria-spent-n1-314tn-on-foods-importation-in-3-years-adeshina/ The Nigeria imported foods worth N1.3trillions between 2007 and 2010. This fact was disclosed by Dr Akinwunmi Adesina, the new Minister of Agriculture in Abuja. Adesina, disclosed this when he assumed duty in Abuja. Giving a breakdown of the amount, he said that over N635 billion was spent to import wheat, N365 billion on rice, N217 billion on sugar and N97 billion on fish . the minister noted that despite the high volume of food importation, the natural and agricultural endowments of the country and its productivity had been “very low” . Just appears to be bad journalism. 1.3 trillion is about $8.7 billion over that 3 year period. So roughly $3 billion/year. |
Kobojunkie:Hrm, KoboJ. . . ![]() |
EzeUche:Evidence? |
yarodin:Hehe. So long as ofe mmanu continues to get his cut, then so be it. Pay your taxes and tolls to the agberos, and all shall be well. Otherwise. . . well, some things are better left unsaid ![]() |
In Africa? Africa is a big place. Anyway, I guess it is easy to claim things w/o any data to back it up. After all, you are claiming the FG built Lagos Port. Hopefully you don't mind if I don't accept either claim w/o data to back it up, heh. |
Heh. Biggest market in Africa? Onitsha? What does this mean? By land area? ![]() Or by dollars of business done per day? If the latter, I'd be very surprised. |
i dey laff o ![]() |
I have a question, then. If the FG and oil money built Lagos port, then how were goods imported/exported into Nigeria before oil was discovered? After all, there was a time when Nigeria was the largest exporter of groundnut in the world. Did this groundnut leave Nigeria's shores via juju? If a large fraction of it left Lagos, then it seems to me that Lagos would have been a viable and healthy port even before oil was discovered. And this is purely off of groundnut. Which wasn't even the biggest product exported by Nigeria pre-oil. So why are you trying to reap where you did not sow? How can you claim to have built what existed before you met it? |
macjive01:You missed the point being made. The point of the post you quoted is that who spends the money is irrelevant. If the port is a profitable business venture, money can be found. Western Region could have built it or borrowed money for it, if it is profitable (which it is, and always has been.) Again, why should anyone thank the FG for investing $X a year to then reap $Y a year, if Y is greater than X? You see why this is stupid reasoning, right? For Lagos Port to "owe" the FG anything, it must first be demonstrated that the port was unviable and was subsidized by the FG. Now, regarding your statement that the port was build with crude oil money: 1. The British built ports before they quit Nigeria. As of 1960, was Nigeria not a major exported of many goods? Where on earth where these goods exported from if not Lagos? 2. Lagos Port existed and was probably the largest port (by traffic) in West Africa, even before oil was being produced in Nigeria. 3. How much money did the FG spend on Lagos Port after oil was produced? Give us a figure. |
macjive01:So absolutely nothing is imported into Warri Port, you are saying? Because the military is using it? It is forbidden to import or export goods from Warri? I am just trying to understand what you are claiming so that I don't beat a straw man. Lagos seaport is a river port as well. the ships wait at taqua bay to get clearance to navigate the narrow lagoon strait, adding to cost of shipping to Nigeria's only viable seaport.Lagos seaport is not a river port, first of all. I doubt that this lagoon straight you speak of is harder to bring cargo up than say the bonny river or the calabar river. |
I think you are missing the point. I am asking, what do you mean by "built"? What does built mean? The relevant questions to me are: A) Who spent the money B) where did they get the money from. Now, if it turns out that the FG or the British spends $X per year but generate $Y in revenue from the port, and Y > X, then it seems to me that they have absolutely no case for saying that they "built" (which I guess you are using to mean "subsidized" the port. After all, in that case, the $X could have been easily found elsewhere, since the port is self-sustaining.Otoh, if X < Y, then yes, it seems they do have a case since the $X couldn't have easily been found elsewhere. In a nutshell, unless you are arguing that more was sunk into Lagos port by the FG than was generated by it, then you don't have a case. And if you are arguing that more was sunk in, then'll you'll have to back it up with data. Which I suspect will be impossible for you to do. |
3. By designating Port X as military or oil, are you claiming that it is thus forbidden to import/export anything else from those ports? Does the FG charge you more to import/export from those ports? Like, how exactly is the FG supressing PH and Warri? 4. Speaking which PH is a river port, not a seaport. Same with Calabar. If they want to dredge to make the port more attractive, that sounds fine. But you should recognize that intrinstically it'll be more profitable (or I should say, less expensive) for a shipper to ship to a seaport than a riverport. |
1. Which FG built Lagos port? What does "build" a port even mean, when it was the major port of the British in West Africa since about 1900 or so? You don't think the port built itself, based upon the revenue it generates (which the state doesn't see any of mind you, but which goes to the FG)? Why are you trying to paint a picture of the FG subsiziding Lagos Port when in fact the exact opposite is true (Lagos Port subsidizing the FG)? 2. How exactly is the Lagos State FG collecting money from these traders? What taxes do they pay specifically? I thought it was PAYE which Lagos State is taking advantage of. In other words, collecting taxes from the employees of registered companies. How many of these traders are registered and pay payroll tax? So again, what taxes do they specifically pay? |
The Yoruba are not the owner of the Anglo-Dutch oil company Shell (though obviously I wish this were otherwise ) Nobody forced Shell to locate their Nigerian headquarters in Lagos. Presumably they chose to do this of their own free will. It isn't as if Southern Nigeria is a huge piece of land, or it takes much time to travel by plane/copter/etc from Lagos to the ND. . . so there is no particular logistic reason why they would by force locate their headquarters there.Regarding "own huge quantities of oilfields in his land", for most of those blocks, the private sector guy is has a junior share relative to NNPC. NNPC is what represents the interest of the indigenes, and is what under ordinary circumstances should be controlled by them. Even if today NNPC were handed over to the indigenes of the land, they would still look for private sector partners (just as almost all national oil companies I know of on earth, including Petrobras, Saudi Aramco, etc do). Now, let's examine the issue of corruption with these indigenous oil companies. Take the recent Diezani Alison-Madueke/Seven Energy scandal. Is your Igbo brother Phillip Ihenacho not chairman of that company? Admittedly, there is a Yorubaman who is equally prominent in the firm. But your attempts to pretend to be innocent of the corruption in the Nigerian oil sector are at best laughable. |
Hehe. The only way it'd happen is if the FG gerrymanders a state out of Lagos. But the last time this happened to Yorubaland (the Western Region and the creation of the Midwest), it required first for Awo to be locked up by a kangaroo court by Hausa and Eboes, and for Akintola to behave very foolishly. Needless to say, those circumstances are unlikely to happen again. While Nigeria exists as a nation, no such territories shall be carved out of Yorubaland. This I swear, at least while I live. |
Hehe. What KSW and Ibime are saying is both obvious to anyone who thinks about it and isn't clouded by personal interest. Why would anyone want to be ruled by other man, especially in a case in which most of the resources of the state are on his land? These Igbo attempts to shout down the minorities in their midst aren't going to work. May the minorities of the Eastern Region never be silenced. |
That is what I figured, heh. I don't see how many businesses that are energy-intensive but running on diesel (or some other expensive power source) can be profitable in Nigeria. You just cannot compete against people abroad who are running their business on cheap energy. |
@Obiagu1: Lack of interest? So none of the Igbos in Lagos are interested in being LGA chairman or any other political offices? Those who ran this past cycle and lost were also uninterested, I suppose? An interesting hypothesis, at least. |
Good if true. Btw, how is the mill powered? EDIT: OK, looks like it is a water mill. EDIT #2: Or looks like powered by a gen? http://www.thenationonlineng.net/2011/index.php/business/9780-moribund-jebba-paper-mills-comes-alive.html In which case, I'm surprised that the business is profitable. |
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? Some of you people should use your hands before opening your mouths, yes we go pay Tinubu and Fashola, but una no name Yoruba must pay back triple 