Politics › Re: CBN Discontinues Payment Of BTA/PTA In Cash by EponObi(f): 12:35am On Feb 16, 2024*. Modified: 1:11am On Feb 16, 2024 |
Lifemanage: I don't understand this accolades. Until it strenghtens the naira I can't hail him yet. Your opinion, and it's fair. For me, he has unified the exchange rates few months into office. That's a huge milestone and with way he has operated so far, he deserves a bit of accolade. This is Yemi fighting the same battle without noise. |
Politics › Re: CBN Discontinues Payment Of BTA/PTA In Cash by EponObi(f): 7:21pm On Feb 15, 2024 |
One thing you can't deny is that Yemi Cardoso is a breath of fresh air at the central bank. Calm, smart, strategic, precise, and BOLD!
I remember Ewelele doing gidigbo on national tv with abokiFX when he made that silly "You to fight? Come out and fight" statement or close.
This is Yemi fighting the same battle without noise. Respect a beg! ☺️ |
Jobs/Vacancies › Re: Which Would You Advise Going For: A 130k Job In Ibadan Or A 200k Job In Lagos? by EponObi(f): 4:02pm On Feb 15, 2024 |
eleniyan2020: you see them saying opportunities is in lagos,like say na only lagos...guys with 50k salary in kaduna are far better than there 200k... Fact! 100% |
Jobs/Vacancies › Re: Which Would You Advise Going For: A 130k Job In Ibadan Or A 200k Job In Lagos? by EponObi(f): 3:42pm On Feb 15, 2024 |
eleniyan2020: lagos traffic will make you think you're hardworking! 😂 Broooooooooo, finish them. They think wasting their time inside traffic is a flex. Majority of them, as Dem dey earn there sub #200k salary, na so expenses dey chop am. They typically work and work with nothing to show for it. Pathetic lifestyle. |
Jobs/Vacancies › Re: Which Would You Advise Going For: A 130k Job In Ibadan Or A 200k Job In Lagos? by EponObi(f): 3:37pm On Feb 15, 2024*. Modified: 12:36am On Feb 16, 2024 |
ecomalchemistt: Na so dem Dey always talk like say dem Dey pick money for floor. Me wey be hustler on daily income , I still Dey complain say expenses too much.
Now imagine salary earner , wey Dey collect salary once in a month…. Imagine the delusion !!!!
Transportation and feeding alone daily can gulp up to 70% of your salary , we never even talk house rent…
Wo , just leave all this online motivational speakers alone , they always push thier aspire to Perspire nonsense on the internet!!! 😂 Bro, don't mind them. If it's as simple and easy as they say, more than half of Lagosians should be millionaires by now with houses on the Island. Some even said he can change job 5 times a year if he goes for the #200k job. 🤣 Shuuu? If that's the reality majority of them won't be languishing in danfo as late as 12am and as early as 5am. You go think Lagos is El Dorado. The average Lagosian has a very low life expectancy compared to residents in other states and we all know the reason. Lagos hustle and bustle is not the flex people think it is. It's a pathetic lifestyle. If to say the majority of them dey always get tangible assets after the hustle, e go better. Many of them dem born Dem inside that hustle and na on top same hustle dem them grow old and die. Iranu. |
Jobs/Vacancies › Re: Which Would You Advise Going For: A 130k Job In Ibadan Or A 200k Job In Lagos? by EponObi(f): 1:02pm On Feb 15, 2024 |
EriMma1: Exactly. You're right. Opportunities about in Lagos. He may just do only two months and land a 500k job due to exposure and connections in Lagos. But Ibadan life and the caliber of people there and their exposure is not as much and strong as Lagos. He'll be limited. Lmaooo. People and unrealistic expectations and projection. You, how many of those #500k job have you landed? You all talk as if they pick money on the street in Lagos. Many of una don dey Lagos for decades with nothing to show for the hustle. 😭 |
Politics › Re: Dangote Refinery To Export Two Fuel Cargoes by EponObi(f): 9:15am On Feb 15, 2024 |
persius555: I rather buy fuel from warri or PH refineries thañ the fraud they setup in lekki Lmaoooo. Ignoramus. 🤣 |
Politics › Re: Dangote Refinery To Export Two Fuel Cargoes by EponObi(f): 9:15am On Feb 15, 2024 |
Kushites: Are you minding these COMMUNIST ILLITERATES?
Soviet-era communists in disguise!
Any bold move by the private sector they frown on. Any good project must be government-run. If it is private run, it means in their heads that some private guy is chopping their money.
Yet this is a capitalist economy modelled after the most capitalist USA!
You have NO PROBLEM with private white-owned multinationals like Unilever, Shell, etc coming here and raking in profits while producing a service, but a Nigerian firm does it, and all hell breaks loose! He is chopping our money!
Right before our very eyes, Nigeria has become the biggest manufacturer and exporter of refined petroleum products in Africa - a massive step towards industrialisation, and these BUSHMEN on nairaland are here typing streams of ignorance.
It's just pitiful.
The Dangote refinery boasts a capacity of 650,000 barrels of crude oil per day and is expected to meet Nigeria's domestic demand for petroleum products and help Nigeria save the much-needed foreign exchange currently spent on the importation of such petroleum products.
Nigeria currently imports more than 80% of its refined petroleum products. She is the largest importer of refined petroleum products in Africa.
Local production by the Dangote refinery will therefore massively cut the country’s import bill.
''According to the Central Bank of Nigeria, the cost (including freight) of petroleum products imports into Nigeria doubled over a five-year period from about US$8.4 billion in 2017 to US$16.2 billion (indicating an annual average of US$11.1 billion), before rising further to US$23.3 billion by end-2022.
The central bank says the average annual cost of petroleum products imports to Nigeria could reach US$30 billion by 2027 if the country continues to rely on petroleum imports.
This money can now potentially be saved with Dangote refinery plugging the supply shortfall.''
https://theconversation.com/dangote-launches-africas-biggest-oil-refinery-4-ways-it-will-affect-nigeria-205685
..........
Yet we have this parade of semi-literate, ill-exposed professional malcontents pouring sickening invective on the refinery!
I mean, who did this to you people? ahmedio2017 see what I was trying to explain. |
Politics › Re: Nigeria Moving Towards Economic Crises. USD Now NGN 1,700.00. Fuel @ NGN1,020.00 by EponObi(f): 9:14am On Feb 15, 2024 |
malali: Well said, However i travel to over 30 countries on a regular basis, i can name a lot of countries which in the last 7 years, the currency against the dollar barely changes in 7 years ! And they dont have oil and also import a lot of what they use, We are all pretending not see the mismanagement of funds by these politicians from Tinubu downwards, most of these guys have more than their salaries can afford. They do not own businesses or inherited these wealth. The subsidy was removed to loot the funds......Until corruption is addressed truthfully. Subsidy or no subsidy will not make a difference. Thats my opinion.[/b][/color] Can you please mention the countries? I want to take note. Thanks |
Politics › Re: Dangote Refinery To Export Two Fuel Cargoes by EponObi(f): 9:11am On Feb 15, 2024 |
Kushites: Are you minding these COMMUNIST ILLITERATES?
Soviet-era communists in disguise!
Any bold move by the private sector they frown on. Any good project must be government-run. If it is private run, it means in their heads that some private guy is chopping their money.
Yet this is a capitalist economy modelled after the most capitalist USA!
You have NO PROBLEM with private white-owned multinationals like Unilever, Shell, etc coming here and raking in profits while producing a service, but a Nigerian firm does it, and all hell breaks loose! He is chopping our money!
Right before our very eyes, Nigeria has become the biggest manufacturer and exporter of refined petroleum products in Africa - a massive step towards industrialisation, and these BUSHMEN on nairaland are here typing streams of ignorance.
It's just pitiful.
The Dangote refinery boasts a capacity of 650,000 barrels of crude oil per day and is expected to meet Nigeria's domestic demand for petroleum products and help Nigeria save the much-needed foreign exchange currently spent on the importation of such petroleum products.
Nigeria currently imports more than 80% of its refined petroleum products. She is the largest importer of refined petroleum products in Africa.
Local production by the Dangote refinery will therefore massively cut the country’s import bill.
''According to the Central Bank of Nigeria, the cost (including freight) of petroleum products imports into Nigeria doubled over a five-year period from about US$8.4 billion in 2017 to US$16.2 billion (indicating an annual average of US$11.1 billion), before rising further to US$23.3 billion by end-2022.
The central bank says the average annual cost of petroleum products imports to Nigeria could reach US$30 billion by 2027 if the country continues to rely on petroleum imports.
This money can now potentially be saved with Dangote refinery plugging the supply shortfall.''
https://theconversation.com/dangote-launches-africas-biggest-oil-refinery-4-ways-it-will-affect-nigeria-205685
..........
Yet we have this parade of semi-literate, ill-exposed professional malcontents pouring sickening invective on the refinery!
I mean, who did this to you people? Another fellow that deserve your following. I'm talking to the intelligent ones, not the bush babies. Thank you for this piece. |
Politics › Re: Dangote Refinery To Export Two Fuel Cargoes by EponObi(f): 9:08am On Feb 15, 2024 |
Kenochi: As for Dangote Refinery,this is another big short coming in our nation.A big Oil producing country whose leaders refused to set up Industries and take advantage of their God given blessing They were busy subsidizing petrol and allowing conmen to destroy this country The chicken has come home to roost,and everyday we keep seeing that we were just producing leaders who were not willing to take the long road to success but were always comfortable taking short cuts that led to nowhere Oh! My heart bless you! Thank you for this piece. Those who hate the truth will abuse and curse you. Our journey here didn't start 1 year ago. We've been on this journey since independence. As you've said, the chicken has come home to roast. I've followed you man. Thanks again. |
Politics › Re: Nigeria Moving Towards Economic Crises. USD Now NGN 1,700.00. Fuel @ NGN1,020.00 by EponObi(f): 8:55am On Feb 15, 2024 |
malali: There is more than meets the Eye.
Why do i feel some people are counterfeiting the naira.
Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.
The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?
To be realistic, no amount of salary increments can resolve this.
This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.
Why is the naira dropping everyday ? Are people counterfeiting the naira ? There's nothing like counterfeiting. What you see is simply the pressure of the demand for dollar. The CBN unifying our exchange rates and the FG removing fuel subsidy are only two solutions to our three elephant problems. In fact, those two are the simplest to solve. The biggest elephant is our trade balance. Imagine a country with over 200 million people not producing anything internally and only have to resort to buying things we need from other countries, down to toothpicks. That's one hell of a demand for dollars. And we import every day. Every single day. The naira will continue to nosedive until it find a balance/equilibrium where our demand for foreign goods equals our demand for dollar. What the CBN and FG is banking on to solve this problem is that demand for dollar will keep on increasing, while naira crashes until we get to a point where people can't afford the imported derivative of goods and start buying local derivatives. With demand now shifting to local goods, the demand for dollar will reduce and naira will pick up strength from there. With the increasing demand for naira and people now favouring local alternatives, this would jump start local manufacturing and production in the country. These are theories they are banking on. Will it succeed? We shall see. Tinubu wants to make imported goods insanely expensive that people will start running away from them to local goods. Our situation is like a vehicle without a driver that just started running down a hill. You can't stop, it's already in motion. |
Politics › Re: Nigeria Moving Towards Economic Crises. USD Now NGN 1,700.00. Fuel @ NGN1,020.00 by EponObi(f): 8:32am On Feb 15, 2024 |
ahmedio2017: Hmm I know of the inflation, but what make their pound to be so strong against naira that's the question oga, you don't the person you are chatting hence you won't talks about enlightenment. It's simple. Supply and demand. You can't compare the pound with the naira because I'm the UK, the manufacture and export. Meaning, other nations buying their product translates to the strength of the pound. In Nigeria we don't produce anything. We only buy and buy. Zero sell. This imples zero demand for the naira on the international market. Without demand, you can't find strength. The past years, Nigerians don't understand how serious the issue is because the government has been protecting them by protecting the value of naira. We've defended the naira with $1.2b per month so that naira can maintain its peg against the dollar. That's why this administration isn't doing again, so with nothing to defend the peg and zero demand for naira, it has been on a free fall. What's happening now is that the naira is finding it's real value. What the real value is, no one knows. Btw, if you are enlightened as you claimed, these are basic economics you should know. You should be the one explaining, not asking questions. No offense. |
Crime › Re: Keke Operator Dies In Fight Over ₦400 Levy by EponObi(f): 7:43am On Feb 15, 2024 |
Firstorderwizard: Stupidness runs in your lineage. Your wife need to get her child from other men to wipe off your line age from human civilization. Your type is a budden to the human specie  Why are pained? Because I said the truth? Eyah, sorry. Next time, I will dilute the Alomo Bitters so your fetus-like maturity can handle it. Now, off you go. *me chasing away the hen* suiiii suiii suiiiiiii |
Crime › Re: Court Remands Ondo Tailor For Stealing Pot Of Soup by EponObi(f): 7:36am On Feb 15, 2024 |
😂 Wetin dey sup na?! Fuji house of commotions. |
Politics › Re: Nigeria Moving Towards Economic Crises. USD Now NGN 1,700.00. Fuel @ NGN1,020.00 by EponObi(f): 7:33am On Feb 15, 2024 |
ahmedio2017: Mumu, go and pick him up now, sebi he was the one that removed fuel subsidy? Float naira? Why are you like this in this country? They will just be quoting rubbish for you and you will just be accepting them without any verification. Imf and word bank advice your emilokan to remove subsidy, he did without providing any solution. That same west is subsidizing a lot of food, and other items for their respective country. All the countries of the world subsidized things for their citizens in one way or the other but in Nigeria reverse is the case. When he removed fuel subsidy, some of the proceeds is supposed to be use for subsidizing food but they are embezzling it and you are just shouting buhari left and right like a mu.mu na buhari dey government? Na him remove subsidy? Na him float naira?
What is UK producing that make their pound to be so strong? Oga wake up. You are not enlightened. Of all countries, na UK you picked to drive home your argument. Go and ask Britons what's up now? Ask them how their middle classes are faring and the rate people are entering the poverty zone because of raging inflation. |
Politics › Re: Nigeria Moving Towards Economic Crises. USD Now NGN 1,700.00. Fuel @ NGN1,020.00 by EponObi(f): 7:27am On Feb 15, 2024 |
nurey: Are you just waking up 
As far back as 2012 there was clamor that tens of ship birth in Nigeria waters loaded with goods, but leave our shores with empty container.
80 to 90% of our earnings is oil, other earnings like mining, forest reserves and mineral resources other than crude are been smuggled out by our leaders.
All the farmers don japa from bush including as fulani marauders no gree make we farm in peace.
In other words Nigeria is living above its means currently.
Buhari killed Nigeria by printing 22trillion naira without tagging to any productivity. A serious gov will damn all consequences and pick Buhari up and enslave him and his generations seizing anything tied to that cursed name. 🤣 Some are still sleeping. It's divine intervention that we got someone at this point to do the necessary, even though his decisions are unpopular and the consequences are damning. I can't imagine how serious our situation would have been if we ran the country for the next decade like we've been running it. Of course, the people don't deserve this current hardship (to some extent). We are currently reaping the fruits of how our leaders ran the government the last six decades. |
Crime › Re: Keke Operator Dies In Fight Over ₦400 Levy by EponObi(f): 7:00am On Feb 15, 2024*. Modified: 7:17am On Feb 15, 2024 |
😮 A beg, make una avoid fighting anyone this period. A lot of people are walking corpse. Hunger, high blood pressure, lingering heart diseases, and so on is making people a shadow of themselves. People are walking around with low energy level and stamina. People can't take care of their health because of high cost of medicine. And you have folks that are inches away from dying because of HBP due to high level of stress and anxiety.
You won't die walking away from arguments. It doesn't mean you are weak. Wisdom is profitable to the wise. If you do one blow, seven die, na inside kirikiri you go witness Nigeria flowing with milk and honey after this "tinubulation" is over.
Or even worse, you could be among the seven die, if one frustrated being throw one blow. No loose guard a beg, make EponObi no go use your death write thread on Twitter or worse, enter your family compound with his smelly, old shoes to do media paparazzi.
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Politics › Re: Stock Market Response To New Presidents Since 1999 by EponObi(f): 11:11am On Jun 07, 2023 |
jieta: I like your point apt and cogent, but is there any need for the last paragraph? See my moniker now. What do you expect?  I will drag his blokos until eternity  |
Politics › Re: Stock Market Response To New Presidents Since 1999 by EponObi(f): 11:08am On Jun 07, 2023 |
AfonjaConehead: Says a hypocrite that calls himself eponObi (Obi's preek) Epon Gringory still get sense pass you  |
Politics › Re: Primate Ayodele Reveals What Bishop Oyedepo, Enenche, Wanted For Peter Obi by EponObi(f): 7:34am On Jun 07, 2023 |
N3TRAL: They wanted to occupy high tables at state events and functions. Plus easy access to Aso Villa, esp Paul Enenche; just like he got access to the government house of Malawi. Dem forget say Obi na serial betrayer and liar.  |
Politics › Re: Stock Market Response To New Presidents Since 1999 by EponObi(f): 7:22am On Jun 07, 2023 |
SpatialKing: So because a state has 100 SAs That's justifies FG having surplus SAs Your hate for Tinubu no allow you think straight.  |
Politics › Re: Stock Market Response To New Presidents Since 1999 by EponObi(f): 7:21am On Jun 07, 2023 |
DeLaRue: Nigeria is a large country. 20 SAs is not too much.
I think the President is being strategic.
I believe much of the dynamic changes will come from these SAs and not Ministers. The President will have the opportunity to bring in young talented Nigerians from within and outside the country as SAs.
These talented people might be too young to be Ministers.
Also, these old politicians including ex governors still want to be Ministers. This is politics. Mr Tinubu can't totally ignore them, but we know most of them will not bring any new useful ideas.
I am more interested in the young SAs Mr Tinubu will bring into his government.
For the size of the task ahead, 20 SAs is not expensive.
It is the national assembly and ministries where a lot of money is wasted. Your are freaking smart. I've thought of this too. There's no way Asiwaju can bring in capable hands into his government while hungry, crook, entitled, old politicians are lurking in the corridor to get ministerial posts. Like it or not, you can't cross them if you don't want them to sabotage the country and/or destroy your chance of a second tenure; more so, they are the pillars that gave Asiwaju the needed support to winning the election; you can't cast them away. "Give to Caesar what belongs to Caesar." The main task would now be making sure there's synergy between the old ministers and the young, smart, technocratic SA's. I doubt that would be any problem; Asiwaju would have told them oldies how his government will run during consultations. This is why we need someone like Tinubu at the helms of affairs. Obi would have, with his short sightedness, overhauled our ministries with "youths" and sabotage his tenure. Him and GEJ, I don't know who more naïve. This game no be by spewing Pakistan statistics  |
Politics › Re: Why Are States Reducing Work Days by EponObi(f): 7:00am On Jun 07, 2023 |
Before subsidy removal, 5 days/week work = #30k min wage = #200 pump price After subsidy removal, 3 days/week work = #30k min wage = #500 pump price. States doing this should be commended. More accolade to those increasing the min wage a bit. Kwara and Edo governments have done well. Work days reduction is only temporary arrangement. Maybe they will implement it until the economy picks up in the next 2-3 years because I doubt Asiwaju will divert our usual subsidy loan to pay workers. He already say the money is going to healthcare and education. On the side note, I doubt the state workers will utilize their off days to make more income though. Civil workers are the most lazy and unenterprising bunch in this country. Most will just use it to gossip, sleep, f*ck and make more babies.  |
Family › Re: Who Should Be A Man's Next Of Kin Between His Mum And His Wife? by EponObi(f): 8:28am On Apr 15, 2023 |
Achraf Hakimi divorce story really touched this one  |
Politics › Re: Rufai Oseni by EponObi(f): 4:45pm On Apr 14, 2023 |
Change the title to 'Where's Rufai Oseni?" |
Politics › Re: Rufai Oseni by EponObi(f): 4:38pm On Apr 14, 2023 |
Rufia is doing fine. We're currently servicing him. As a 'tewonde', our proprietor summoned him to help relive the stress of the detention. He will resume duty on Monday. But omo that Rufai dirty oooo. If you see granulated poo for him butt hole... omg! the boy no dey wash  |
Politics › Re: Tinubu Is Under Investigation–bawa by EponObi(f): 4:00pm On Apr 14, 2023 |
Tinubu's 4 + 4 years tenure hasn't even started. Make una no go kill una self ooo.  |
Politics › Re: Bola Ahmed Tinubu Makes 2013 Time Magazine 100 Most Influential People In World by EponObi(f): 5:18pm On Apr 13, 2023 |
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Politics › Re: Obi Threatens To Sue The UK Government by EponObi(op): 4:09pm On Apr 13, 2023 |
detectivejones: Point of correction 'you will meet our lawyer comrade Simon Ekpa in court'   |
Politics › Obi Threatens To Sue The UK Government by EponObi(op): 3:12pm On Apr 13, 2023*. Modified: 6:41pm On Apr 13, 2023 |
We use this medium to demand an apology from the UK government. We weren't only harassed, manhandled, and rough handled by their immigration staff, the UK government denied us the hand job and Mouth Action services our principal paid for to some high class oloshos before leaving Nigeria.
Failure to apologize and pubicize said apology on at least three top global politico-news platform within 48 hours means you will meet our lawyers, led by HRM Simon Ekpa, in court.
On the side note, we apologize to Mr. Adrian Brian of the UK Immigration Services for splashing his hands and uniform with our 'akamu' during our principal's genital and rectal inspections. We are also sorry that our principal couldn't resist moaning 'Yes Daddy', 'Thank You Daddy' while Mr. Adrian was squeezing us during the inspection. It's not Mr. Obi's fault; the touch was heavenly.
Signed,
EponObi
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Politics › Re: Between Peter Obi And Bola Ahmed Who Is Now The Criminal? by EponObi(f): 2:54pm On Apr 13, 2023 |
PRESS RELEASE
We use this medium to demand an apology from the UK government. We weren't only harassed, manhandled, and rough handled by their immigration staff, the UK government denied us the hand job and Mouth Action services our principal paid for to some high class oloshos before leaving Nigeria.
We also apologize to Mr. Adrian Brian of the UK Immigration Services for splashing his hands and uniform with our 'akamu' during our principal's genital and rectal inspections. It's not our fault; the touch was heavenly.
Sign,
EponObi |