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Politics / Re: Ait News:organised Labour In Edo And Kaduna Has Called Of Demonstrations by FACE(m): 4:54pm On Jan 10, 2012
Meanwhile, Rivers govt have offered 0.02% subsidy to Rivers people. A foreign observer, Mr E. Bear thinks that this is a good thing for neighboring towns and bad news for Rivers pockets. I quite agree with that. "Something does not add up here" was all Mr T. KX could say.
Politics / Re: Ait News:organised Labour In Edo And Kaduna Has Called Of Demonstrations by FACE(m): 4:37pm On Jan 10, 2012
otokx:

FACE is having a field day here

Na so bros, just letting the hair down.

PointB:

I am enjoying your reports of hostilities FACE carry on. Lol

Thanx bro. No be small tin
Politics / Re: Ait News:organised Labour In Edo And Kaduna Has Called Of Demonstrations by FACE(m): 4:19pm On Jan 10, 2012
According to sources, the resultant high tension caused the capitulation of several places. Fed forces retook those places without firing a bullet. Implosion or confusion ? Time will tell.
Politics / Re: Ait News:organised Labour In Edo And Kaduna Has Called Of Demonstrations by FACE(m): 3:46pm On Jan 10, 2012
Kano surrenders as Edo and Kaduna pro subsidy fighters blame foreign forces for meddling in the fight and leading to their unconditional surrender.

Meanwhile General SLS of the 1st marine regiment of the No subsidy govt promises to link up with 2nd paratroopers regiment led by Col Aganga at Ojota.

Badagry, Ojo, Festac taken by Gen SLS while intense fighting is going on at Jakande est, Mile 2, Coker, Orile, Berger and Tin can. A lot of refugees now "under bridge" at Ijora. Coconut and Apapa plead neutrality.

President GEJ demands unconditional surrender. More to come.
Politics / Re: Ait News:organised Labour In Edo And Kaduna Has Called Of Demonstrations by FACE(m): 2:49pm On Jan 10, 2012
Edo , Kaduna fall to federal forces. Pockets of resisitance in Warri, but other areas of Delta now under federal control.

Middle belt captured. Sokoto, Kano occupied by federal troops. Bornu, Yobe, Bauchi, Adamawa surrounded by federal troops.

Last push by "44 subsidy brigade" to crush the 21st awoof battalion of the breakaway prosubsidy republic in Lagos, Ibadan and Ogbomoso.

Meanwhile, the 82 anti subsidy infantry Division covering of Anambra,Imo,Rivers, Bayelsa,CrossRiver,Akwaibom,Ebonyi,Benue and Abia have pledged their loyalty to the No subsidy govt of GEJ.

More to come.
Politics / Re: Abia State Gov. Orders Civil Servants To Return To Work by FACE(m): 12:37pm On Jan 10, 2012
Federal civil servants in Abia can go on strike if they want, as long as they know that they  forfeit their pay for any period they embark on a strike.

Abia state government did not remove the fuel subsidy and not everyone in Abia is keen to see the subsidy regime reinstated. There are people like me that support the removal and they should not embark on strikes that add no value to Abia state people and government.

Abians have good reasons to be happy about the removal of this subsidy as the private partnership refinery at Owaza can now proceed and create job for Abians.

Therefore all Abia state civil service workers should return to their duty posts and continue to serve Abia residents. Everyone knows that Orji does not hesitate to dump civil servants, so they should not provide him with the ammunition to "fire" them with and if he does fire them as a result of their sabotage, then they would have been well fired.
Politics / Re: So Is The Protest A Success Or A Failure? by FACE(m): 11:13pm On Jan 09, 2012
Abagworo:

The truth is that it is either the price is reduced below 100 Naira or the Karl Max theory will come to play in Nigeria. The rise of the masses against the elites and it will be deadly.

The killing of protesters is raising the spirit of Nigerians. Their death shall never be in vain.

On the Southeast, they are not a politically sophisticated people and are bound to sheepishly follow any easy,myopically profitable route. I am Igbo myself and know this well. Even during the eve of election when we had South-southerners engaged in constructive arguments on reasons to vote or not to vote GEJ, the Ohaneze hurriedly endorsed him unanimously.


Abagworo, you are not politically sophisticated and you are bound to sheepishly follow any easy, myopically profitable route.
In addition , you are tyrant wannabe who would not allow others to be free thinkers.

You think other people should have the same goal as you and if not they are silly. You are the silly one who would sell his soul for 10k and sell his people in order to look good outside.

It is everybodies rights to either join the protests or not, and not be bullied/insulted by your likes for minding their own business. All your arguments here are so senseless and patronising and I wonder what sort of man you are. What you think you know very well as a result of being Igbo may be limited to your kindred or your inferiority complex. Arrow !
Politics / Re: Out Of Curiosity: When Did Igbo Migration Begin? by FACE(m): 10:55pm On Jan 08, 2012
Nchara:

Yes, now we are arriving at some thing
Many of the Igbos born in the North in those days (Zik, Ojukwu, Cyprian Ekwensi, etc) were all born in Zungeru, Niger State. Their parents must have moved with home-made canoes along the River Niger which goes through Niger State. Good insights, Face and Tpia.

It follows then too that before the colonialists came, Igbos and the North must have been trading via River Niger. So that leaves the Igbo-Yoruba angle. It is a big shame that our immediate parents who were stiil alive when the white men came with pen and paper ( grin grin grin grin grin grin grin) did not document some of these histories.

Don't be surprised at the number of rivers that flow into the Niger. River Kaduna is one of such rivers and the Benue flows all the way to Adamawa and beyond.

A late relative of mine, lived in Ijebu ode in the twenties. Legend has it that when one of his older relatives died in Ijebu, he brought back the corpse on his bicycle. He used to say so himself as well. He was in his 90s when he died about twenty years ago.
Politics / Re: Is It Not High Time For Igbos & Southerners In The North To Bear Arms? by FACE(m): 10:34pm On Jan 08, 2012
Their attackers do not bear gun legally so why should they be expected to conform to the law to protect themselves ?

I know someone who owns two licensed 12 guage shotguns (automatic) and he uses both slugs and cartridges for the shotguns. He also has another emergency one which he conceals in a dugout in his house. In June last year, he had a gun fight with armed robbers which lasted for more than two hours (you need to see the photo of bullet holes to the walls and gate), the police eventually arrived after the robbers had escaped. However, on their way out, they also had a shootout with the vigillante and one of them was gunned down, another was hit and was captured. The 3rd person was also caught the next day in a bush. These were people who were robbing the whole neighbourhood unchallenged. They also shot one of their victims before they met fire for fire. They won't rob no more !

I will advise anyone who wants to remain in the north to get a nice gun ASAP. Someone (haka nai) mentioned that AKs are being sold for 120k in Jos, so it shouldn't be too difficult getting their own peace makers. They are in a war zone and they must act to protect themselves or go down fighting at the very least.
Politics / Re: Out Of Curiosity: When Did Igbo Migration Begin? by FACE(m): 9:45pm On Jan 08, 2012
Don't under estimate the importance of River Niger back in the days. Royal Niger company were already sailing up and down the Niger via pontoons. The Niger connects many rivers one way or the other.

Sailing on the Niger would be the easiest route for Zik's parents. Fulani herdsmen still walk from far north to the south so I am sure other people also walked great distances to ply their trades, with some of them eventually settling in far away lands.
Politics / Re: Boko Haram KILL 6 more on Sunday , Very very sad, over 60 killed since last week by FACE(m): 6:19pm On Jan 06, 2012
Beaf:

I am really angry at those Igbo's who have been spitting on their own and having a silly argument from page 1, maybe its not my business, but I have to say it.

Just leave them to continue fooling themselves, when jungle mature dem go loss for bush. Who no know, no go know !
Politics / Re: Boko Haram KILL 6 more on Sunday , Very very sad, over 60 killed since last week by FACE(m): 5:58pm On Jan 06, 2012
I wonder why anyone would attack frosbel for posting news on this forum. He posted the links as well so it beats me why people are attacking the news bearer.

The fact is that innocent Ndi Igbo were attacked and killed in the north as they were having their towns meeting in peace.

These attacks have been premeditated and targeted towards Ndi Igbo and anybody who does not agree needs to befriend an ostrich for "burial of heads in sand partnership".

I hate to enter into tribal arguments but enough is enough. A pattern is developing here and that pattern has become a trend. Kaduna, Suleja and now this. Ndi Igbo are less than 30% of the population in Nigeria, so why should they bear the brunt of these attacks ?

This is reminiscent of 1966 and I blame those who have refused to learn from history. Ndi Igbo  in the north should form bands to defend themselves and return fire for stone. If they are unable to form militias in the north, they should return home and stop making us handicapped.

Following the counter coup in 1966, northerners; cheered on by danjuma, Katsina and murttala smassacred Igbo civilians and a lot of Nigerians have continued to justify the genocide on the bases that Nzeogwu slaughtered other people in his coup.

Just like the northerners are leaving the east today with no threat to their lives, Ojukwu guaranteed the safe passage of northerners from the east after the first wave of massacre of easterners. As soon as these people got home, they launched the most ferocious manhunt and slaughter of the easterners that were still in the north.  Ndi Igbo will not heed to history and return or fortify now that northerners are returning to the north without any threats to their lives in the east.

Ukpara okpoko gburu, nti chiri ya !

Nigeria is now in a state of war and anyone who thinks otherwise is living in a fools paradise. Jonathan should bring the full might of the armed forces on any region trying to cause anarchy. If it is good for Odi, it is also good for Gombe, Kaduna, Bauchi and Bornu. Northerners are tired of sharing the country with the rest of us and this country MUST BE SPLIT BY ALL MEANS POSSIBLE.

As of today, Nigeria has ceased to be as a nation as far as I am concerned. It is a shame that it has come to this. Okwua di omimi, onye obula kwadoba.

For those who may want to join issues with me; rest assured that I will not respond to any rubbish you write, so you may as well forget it.
Politics / Re: Why Are There No Subsidy Protests In The SE/SS Oil Producing States? by FACE(m): 10:12pm On Jan 04, 2012
FACE

Please contact me when you can at ezendigbo_nl@hushmail.com
Your performance here is simply brilliant. I need smart folks in my "cabinet".

If you can, please register at hushmail, and use the email to contact me.
Anyi ga enwe ihu na ihu otu ubochi.




Onlytruth, I meela. A ga m edere gi n'oge n'adighi anya. Jisie ike.
Politics / Re: Why Are There No Subsidy Protests In The SE/SS Oil Producing States? by FACE(m): 5:32pm On Jan 04, 2012
I did not say that crude oil produces 100% PMS. My first degree was in Industrial chemistry, so I should know better. This is what I said :

The price cost of distilling crude oil is inclusive of the wages of all those working at NNPC and subsidiaries + all recurrent expenditure and that price cost is borne by the distillates including PMS.
That cost is known as the bill of materials (BOM) and is reflected in the final cost or pump price of PMS

paragonpro:
.
Your projected price of petrol is wrong, please do google products produced by a barrel of oil. You will see that a barrel of oil will at best give you only 20% petrol and not 100% as given by you. So at $100 per barrel, the price of petrol should be between N140 - N160 assuming all other products and bye products see also sold. If the price of crude jumps to $110, then the price of petrol should be between N160- N180. And even at that the refinery would only be making marginal profit.

Thank you for strengthening my position. You agree that it would cost way more than N65 to deliver PMS at the pumps, which means that subsidy is the only way to achieve that, which also means shutting the door in front of investors who would refuse to invest in a loss making venture.
Politics / Re: Why Are There No Subsidy Protests In The SE/SS Oil Producing States? by FACE(m): 1:01pm On Jan 04, 2012
paragonpro:

Face, please explain how the increase in the domestic price of petrol will develop the oil industry.

I hope you keep in mind the argument for SAP and liberalization, that allowing the exchange rate and thus prices of imported goods to market forces will develop local industries.

Today the CBN still control exchange rate and local industries going under.



We are talking of expansion of investments and reinvestments. Do you know why Chinese goods are cheaper that Nigerian made goods? It’s because they are more efficient in the utilisation of resources because of better technology and efficient energy system. It will surprise you to know that labour costs more in China than in Nigeria.

The arguments for SAP and liberalisation do not apply on this occasion. It is to the detriment of developing countries or any country at all to allow their currency to take a lonely stroll in the international market. Ask Greece and they will let you know what Euro did to them. The U.S.A have been asking China to let go of the leash on their currency and China have refused for a good reason. Even the greenback is not roaming wild without a leash, so I will not use SAP arguments in any way.

The govt have an energy blueprint and have embarked on it with the current licenses granted to investors. Soon you will see a fully deregulated energy sector and we will head towards energy efficiency, which benefit the system, creating more jobs and reducing wastage. This means that in the future, it would be cheaper to have made in Nigeria goods than China made goods. The fallout would be more investors coming to Nigeria because of guaranteed energy supply.

Back to your question; even if all the refineries were firing on all cylinders, it would still cost a lot more than N65 to produce PMS as long as NNPC are buying at internal rates as they do at the moment. You cannot have a two tier rate for crude oil pricing as that would send us back to square one.

The price of distilling crude oil is inclusive of the wages of all those working at NNPC and subsidiaries + all recurrent expenditure and that price is borne by the distillates including PMS.

In my estimate it would cost NNPC between N90 and N120 to produce PMS, while it would cost an investor with less overhead cost between N75 and N110 to produce the same PMS. If the government steps in and guarantees the price of PMS at N65, it means that any private investor would operate at a loss and nobody can make such investment.

The production of petrol also leaves some heavy oils which are used in other sectors. This means that private investors would be able to extend their operations to petrochemical productions and plastic and petrochemical, fertilizer plants are able to obtain their feed stock in Nigeria, which means that more allied industries will spring up and existing ones will be able to expand their operations and reach outside our shores for more market. JOBS WOULD BE CREATED IN THE PROCESS !

The gains of deregulation far outweigh any initial set backs.
Politics / Re: Why Are There No Subsidy Protests In The SE/SS Oil Producing States? by FACE(m): 11:57am On Jan 04, 2012
Everyone has a right to peaceful demonstration. Property owners also have a right to enjoy their properties without fear of losing them to violent protests. Everyone also has a right to stay at home jeje and not join a protest.

Internet warlords should get off their keyboards and hit the streets if they desire a protest.

I feel sorry for the young man that died in Ilorin, he also had a right to express his feelings in a peaceful way.

I stand shoulder to shoulder with the government and the economic team for the removal of this subsidy. I do not like the fact that they did not stick to a date, rather than go from Jan to April and back to Jan, but that is a mistake that I can overlook in the scheme of things.

I understand why the man on the street is not happy about this; he thinks that government is taxing him some more and does not realize that the government has been giving him fish and not showing him the way to a river.

FG has been paying for people not to have jobs and GEJ has taken a bold step to stop the payments so that people could have jobs.

Fuel subsidy led to stunted growth in the oil sector and the removal of the subsidy creates an opportunity for investors to come in and create the jobs that people need.

I salute the govt for this bullish move and I hope that there is more guts where that came from.

BE PREPARED TO BREAK EGGS IF YOU MUST EAT FRIED EGGS.

FACE.
Politics / Re: Damn! Who Are The Owners Of Nigeria That Are Plotting The Ironsi Route? by FACE(m): 10:03am On Jan 03, 2012
Gbawe:

keep watching buddy. We will see who has overestimated their touted strenght within a Nigeria where the stomach, and not enduring principles, is king today. Boko Haram has been butchering Nigerians from all walks of life so far. What has been the reaction of those who vacuously make noise about their 'powermen' strenght on the net? Where was the immediate burning of Mosques after the Christmas attack to indicate a readiness for t.i.t-for-tat and we-wont-take-it-lying-down people like you tout?


The killing of innocent people is now regarded as a show of strength and encouraged as a legitimate bait for Bosom for tat.

He goes on to taunt and mock those who shuddered and expressed their anger at the outrages of boko haram, as people who "vacuously" make noise on the net.
When did boko harams horrors become a thing to savour? When did broken lives and families, dead babies and their splintered mothers become objects for political glee?

Beaf, the response you gave to that is apt and if I were you, that would be the end of discussion with a person with such mindset.

GEJ and his administration may very well have done themselves in and if care is not taken, the country will be destroyed in the next few days, at which time, the Nigerian masses or the said owners of Nigeria will get rid of GEJ and his administration.

What an incompetent government!! How can they time the removal of fuel subsidy in this manner? The whole action defies logic. 

It is obvious that fuel subsidy benefits the rich and not the poor.
Ndu_Chucks, I thought you also wanted the removal of subsidy; what has changed your mind or did you only want it as a catalyst to other things ? FYI, nothing will happen and I endorse the removal although I don't like the fact that they were not straight forward with the removal date.
Politics / Re: Horror - Death Toll Rises To 66 In Nigeria Communal Clash ( Children massacred ) by FACE(m): 1:48pm On Jan 02, 2012
This is a big shame and I have tried to avoid looking at this topic to no avail. Very disgusting and wicked set of people. The big stick must come down heavily thus:

1. The head of the nearest police post in the area must be detained and prosecuted.

2. The traditional ruler of the area should be stripped of his title and detained for interrogation. If he is found to be involved one way or the other, he must be prosecuted, sent to jail and his assets taken away.

3. Every man and woman of knife wielding age in that community must be detained and interrogated.

4. All lands in that area must be seized by the government and people must obtain permission from the government to even cough near any fallow land.

5. The state government should as a matter of urgency ; start relocating the whole community from that area and scatter them all around the state and forever banish them from returning and the govt should use their ancestral homes for farm land. They do not deserve to have any ancestral homes and I am sure their ancestors would not want to be anywhere near them.(thank God for land use acts, the govt has such powers)

6. As an interim measure before the above, a state of emergency should be declared in that area.
Politics / Re: Okonjo-iweala Begs Nigerians To Accept Fuel Subsidy Removal by FACE(m): 8:26pm On Jan 01, 2012
I stand very solidly behind the govt and the economic team on subsidy removal. My only disappointment is that they should have stuck to a date rather than go from 1st Jan- 1st April - 1st Jan. That was not a straightforward act regardless of the reasons they give.

Apart from the fact that a cabal have grossly abused the subsidy regime by round tripping, if they were to become upright today, we might save some money from no round tripping but will continue to lack growth where it counts.

The oil sector should be 1000 times more developed by now, but no investor would put his money down in a sector where the government ensures that market price of a product remains below production cost. The alternative is to have a 2-tier price for crude oil for local use and export, but that would be suicidal and would only create another SFEM a la Abacha .

I agree that all the TAMs at the refineries have been shoddy because of sabotage caused by beneficiaries of fictitious figures. I also agree that those involved in any shady deals should be prosecuted. However, the problem needs to be addressed from the root while treating the offshoots at the same time. FUEL SUBSIDY IS THE ROOT !

The refineries are not working at 100% capacity and I will give the government the benefits of doubt when they say that they are working towards achieving optimum functionality of the refineries. Even if they were fully operational, a fundamental issue remains; they still buy crude at international rates, so what gives? In my opinion, the cheapest we can buy petrol after buying crude oil at internal rates would be circa N90 – N120.

Now NNPC needs to be self-financing as they have all the resources to achieve that. The calculation of the BOM of the cost of petrol should reflect every item ranging from the cost of pencil in NNPC office in Abuja to fractionating columns at the refineries.

My point is that fully functional refineries will not eliminate subsidy at selling price of N65, which means that we will continue to have stunted growth in a sector with expendable resources and creating zero added value to the sector.

I do understand the scepticism of the average Nigerian with regards to judicious use of any money accruing from subsidy removal, but you cannot refuse to build a house just because you think that your builder might use your blocks for his own house. A smart person will continue with the building while keeping the builder in check or use another builder altogether, but the house must be built.

All our neighbours like Cameroon, Ghana and Benin pay more for petrol than us and they haven’t died.

The government is making an effort to tackle an issue head-on and the least we could do is to support the government. I also like to get cheap petrol but I must think in terms of long-term outcome.

I salute Jonathan, Iweala,Sanusi,Madueke and the economic team for this brave act and I hope that they don’t let us down.
Politics / Re: Could This Be The Reason For Boko Haram? by FACE(m): 6:19pm On Dec 31, 2011
ndu_chucks:

Yoruba people talk say, "abo oro ni amba omo oluwabi soro, toba de inu e, a di odindi" (na half and half we dey take talk to smart person, when di talk enter him head e go become whole).

You know the obvious answers to your questions, why are you trying to set a trap for me? I do believe that Jamaicans from the UK should have led the protests. cheesy
BTW, Happy New Year to you in advance. You are one of the most level headed posters in this section, I appreciate the fact that you have significantly toned down your misinformation campaign of old.

Dan iska smiley. I now understand why Jamos now need visa to enter Uk.

I am not saying that you are friends with boko haram, but just incase you know them, could you ask them to stop killing innocent Jamaicans ?

Happy new year to you too.
Politics / Re: Could This Be The Reason For Boko Haram? by FACE(m): 2:37pm On Dec 31, 2011
ndu_chucks:


IBB is part of our problems in Nigeria and that is one of the reasons why we stoned him in Zaria a few years ago. There should have been a massive protest against IBB's actions but the cowardice of those who needed to lead the protests prevented such acts. We would have been better off if those affected the most had expressed their disgust towards IBB in a bold manner.

Was the election cancellation a Nigerian, sectional or personal problem ? Who were those that needed to lead protests ? Who do you feel were "affected the most"; Nigerians, sections of Nigeria, politicians, Jamaicans ?

What is your reason for feeling that it was any particular person's responsibility to lead a protest against a decision affecting all Nigerians ?
Politics / Re: Ogun 2012: Budgeting To Rebuild by FACE(m): 4:41pm On Dec 22, 2011
Gbawe:


No disrespect to you guys, but I hope you both know that those who draft these budget are actually experts who would ordinarily be too capable to propose spending that is unfeasible. That is amateurish and for you guys to think that sort of shoddiness would make its way into a state budget shows the disdain you have for your leaders who, contrary to what most of us think, are actually very intelligent. Amosun is an Accountant for god sake and I don't even need to brandish Ajimobi's CV to show he is not slow. the deficit may be made up in many ways eg improved tax collection , recourse to products available in the money market, etc,etc.

Ajimobi's budget, for example, shows how the shortfall will be bridged so I don't think it serves any purpose for us to focus on negatives without acknowledging that the budgets we are discussing are vast improvement on 2011 budgets:

Good luck to them though. What is their IGR now and how much did they receive from FG last year ? The N50+ deficit they acnowledged is the glaring one.

Their IGR just hit N1B mark per month (N12B/annum) according to them and they are planning to spend N63B from the same IGR.

If they received less than N30B from FG last year, how did they arrive at £70B projection for next year (more than 100% increased), when FG budget did not increase by more than 2% ?

The numbers do not add up, but good luck to them.
Politics / Re: Ogun 2012: Budgeting To Rebuild by FACE(m): 11:35am On Dec 22, 2011
I can see the reason why people are dissatisfied with their governments at the end of each fiscal year. Their hopes are raised based on promises made by their governors; promises which do not reflect the true situation of things.

Ogun plans to spend N187B in 2012, but they are banking on IGR 0f N63B + Allocation of N70B (N133B total) income projected.

Even if they end up getting all their projected income, their is still a deficit of N54B.

According to the state govt, the IGR has only just increased to N1B a month, which means that as it stands today, they will only have N12B to work with, which is a shortfall of N51B. So their budget is already heading towards N104B deficit.

They received a lot less than N40B from the federal govt in 2011 but are hoping to receive N70B eventhough the federal budget did not increase by upto 2% but they expect about 100% increase in federal allocation.

I can see another deficit of at least N25B from the federal account making a total of at least N129B deficit.

Their income for now will fall short of the budget by at least N129B, so they should base their budget on N58B if they want a reasonable KPI for their budget. However, it's ok to talk a good game if it makes one feel good.
Politics / Re: Polo Park - Enugu's First Mall Steps Out by FACE(m): 10:56am On Dec 18, 2011
Onlytruth:

When I started to share the story, I stated clearly that I was telling the whole truth. No sensationalism whatsoever.
You are right, the lady was STARTING her business then when she made that error. She is based in Enugu and thought she could depend on rough market analysis to do her first import business. She failed, but that doesn't change the fact that her prognosis of the mall is apt.

Let me even share how this message came about.

I was discussing with this lady that I would like to site my company in Enugu. Her first response to me was DON'T.
My first reaction was that of bewilderment and agitation. I told her how I have always planned to site my company in Enugu and all. That was when she made the statement "Ego adiro na Enugu". She advised me (based on what I plan to do) to take it to Abuja.

Of course I'm not listening to her because my company would not be into buying and selling. It is a service/consulting company. So, I  insisted I will site it in Enugu when the International airport becomes functional.

Now, that is the Enugu that I love. I attended UNEC and lived there for 5 years while studying there. So, I love this town.

I wouldn't let any goat discourage me.  cool

So I bu Lion ibe m. Good. I mere archi or estate ?

I agree that the rent seems exorbitant, but some investments are longterm and require patience.

I am a long term bricks and mortar investor and also a medium term capital market investor. I was doing daily trading in 2008 but was exposed badly and lost a lot of money. My medium term holdings recovered and I knew that my long term bricks and mortar, were always going to bounce back and I even added to them at the time. They have snce bounced back.

The reason I have told this history is to let you know that business is all about nurturing and patience. Enugu is now emerging and the industrial layouts in Emene and 9th Mile are thriving, even Innoson is a heavy investor in Enugu. I believe that better things are in stock for Enugu and I also believe that the mall will be a success.

Quick takes have the risk of quick losses.
Politics / Re: Polo Park - Enugu's First Mall Steps Out by FACE(m): 10:19am On Dec 18, 2011
Onlytruth:

@Bandit C

I did not respond on time because I was busy. Sorry for my late reply.

I hope your anger at my person is not because of the "eze ndigbo" title here. Nwanne I don't think you should insult Ndigbo with your tantrums and rants because of that. Only a fool would worry about an innocuous online exercise. I accepted the title out of respect and love for Ndigbo. Nothing more. cool
It would not stop me from speaking the truth always, insult or no insult.

I have severally (on this site) wondered how Ojukwu was able to survive for 3 years. To me, that was his greatest achievement as the Biafran head of state. cool I read a book about how fellow Igbos were giving Ojukwu's location co-ordinates to Nigerian air-force intelligence, enabling them to conduct precision bombings on Ojukwu's locations.
That was why Ojukwu developed a mystic about his person and positions throughout the war.
Reading from you reminded me of what our people are good at -fighting their own brothers instead of outside enemies.

The mall has somehow intoxicated you that you've lost your mind completely. I still maintain that I worry about its viability. Let me tell you why.

[b]The friend I discussed about earlier was among the first people to seek a shop at this mall. She says that a shop is N420,000 minus security and other deposit for every quarter (3 months). She says that to make it, a shop owner has to make at least N1 million every three months; but she withdrew because she swears that there is no way a shop owner would make such money from there, unless they are making the money elsewhere. That money is what shop owners of such class in Onitsha and Nnewi make in ONE month.

She insists that there is no money in Enugu, and gave me another example.

On starting her business, she imported one container of goods (bicycles) from China, paid N320,000 to haul it all the way to Enugu city. When it got there, she couldn't sell it, and had to send it all the way back to Lagos.
You know what happened? The same container was sold to another guy at Lagos, who then sent it to Onitsha. The rest is history. She swore NEVER to attempt big business again in Enugu. She also said that Ogbete (Enugu's primary commercial center) is really sustained by Onitsha.  This is someone talking from experience.[/b]

Nna, I insist that you have complex issues. There are many fellow Igbos here with such complex.
Oburo tata ka anyi fubara awusa na uta.  cool

This is the whole truth.  cool cool cool

 

All you are doing is to inflame the situation and Bandit has done well to hold back.

Your friend is not the economic outline bible Re: Enugu. Even going by her own account, she is not astute in business, if not she would have :

1. Done her research before taking her goods to Enugu.

2. When she realised that her uncoordinated business plan was in danger, she should have gone to other nearby markets like Onitsha (C 100Km) and Aba (C140km) or PH (C180 Km), but she ran helter-skelter to Lagos to sell the goods, only for the good to return to Onitsha. It doesn’t say much about her business acumen.

Some guys put other people on the defence all the time and they hold back because they don’t want to draw blood from self, but those guys interpret that as weakness and carry on with their hate campaign until their ego is dented by someone who is determined to strike back. Chino is a prime example of a hate merchant.

Some remarks here may seem fine to some people, but they are unable to take same type of remarks.

“Although young boys throw stones at frogs in sports, the frogs do not die in sports but in earnest”. “Do unto others as you would have them do to you”
Politics / Re: Polo Park - Enugu's First Mall Steps Out by FACE(m): 1:02am On Dec 18, 2011
Bandit C.:

Sorry my brother but i am usually not this way. I even rarely contribute to insults among Igbos unless it is external aggression but that Chino guy has been running loose on these boards and is not controlled or cautioned by anybody including the lame duck ''eze ndi igbo bla bla'' Only Truth or whatever he calls himself. The Chino guy has been insulting Imo people, Abia people, Ebonyi people, even though he lives in a State that can be virtually termed a gutter, but he and his Anambra goons wanted to try that on Enugu and i'm just letting him know that, that ish won't fly. It would be suicide for them to even give it a thought.

See how they are banding together but being picked off one by one. I can do this with them all day until Enugu leaves their mouths.

I have got my Acog Scope on any monkey who even attempts that crap with Coal City. These guys should fix their state before taking a shot at others. Hypocrites.

Oh and i be Achara Layout all day. We dey vex for that end well, lol.

I know where u are coming from.

A ma m na o siri ike nnukwu I gba ya nkiti, mana jisie ike gbachie ya nkiti. Unu na ako onwe unu onu, unu na enye ndi ozo mgbo eji ebuso unu agha mgbe oge ruru.

Achara L/out, I get peeps for Igbariam Street and anyi nwere ala ebe ahu. Udo diri gi.
Politics / Re: Polo Park - Enugu's First Mall Steps Out by FACE(m): 12:32am On Dec 18, 2011
Ok, there is Eko Ile from Lagos and Chino from Anambra and now Bandit C from Enugu.

I was thinking that Eko Ile was going to attack, but maybe someone from Enugu bought him suya tonight so he is letting that slide for now. Don't worry guys, the suya will soon finish and he will be back.

It didn't take Chino long to revert to form after his initial crocodile gladness for Enugu.

Out came Bandit C with this huge chip on his shoulder for Anambra; fighting and throwing bottles and kitchen sink anyhow. Bandit, u be Camp guy ?

Why can't you guys just shut up if you see nothing good in others ?
Politics / Re: Polo Park - Enugu's First Mall Steps Out by FACE(m): 1:21pm On Dec 17, 2011
Op, you want Eko Ile and Chino to kill themselves ?

Enugu, that's my home city. I would have preferred the redevelopment of Polo park to a modern park and  the mall developed at indepence layout near Presidential hotel or Okpara Square. We need to restore our open spaces.

presido1:

Ohakim kwa? Nah that just ordinary lock-up shops. Ohakim sense is not on this levels.

Ohakim was governor at the time, but the mall was not built by the govt but by a private company. I can't see how you can call a mall that is equiped with escalators and occupying such espance of land "lock up shops".
Politics / Re: Yuletide Season- Free Transport Scheme For Abians In Diaspora by FACE(m): 4:19pm On Dec 13, 2011
Orji should use the money and provide roads or clean water for the residents of Abia. Any Abia diaspora that can not afford transport fare back home should stay put where they are or return home and take up farming.

Orji should stop wasting our money or creating a conduit to steal our money. By the way, did he also send buses to evacuate Abians from danger zones during the post election slaughter in the north ?
Politics / Re: Nigeria Releases New Vitamin A Cassava To Improve Public Health For Millions by FACE(m): 7:24pm On Dec 09, 2011
Are you sure this yellow cassava will be good for asoki ? "Soakability" is the final test for gari.
Politics / Re: Thoughts On Delayed Enugu Int'l Airport "take Off" by FACE(m): 3:22pm On Dec 09, 2011
otokx:

So even Warri in the south south has more air traffic than Enugu? Interesting.

As long as you know that a significant amount of those flights are private and not commercial . Oil companies in warri own private planes used for flying staff and their families and they all use Osubi airport.

I used NNPC's twin otter (toy plane) countless times from warri to PH back in the days as a family member and they all add to the stats.
Politics / Re: Thoughts On Delayed Enugu Int'l Airport "take Off" by FACE(m): 12:42pm On Dec 09, 2011
Okija_juju:

Thanks for the stats bro!!

Knowledge is power!! wink

I've been officially schooled. I would love a link to this, but for now I'll accept it as fact.

I put the links at the bottom of my original post. I am unable to copy and paste them through this reply window. Just scroll down a little bit and find them. In any case you can also go to FAAN website and check the stats.

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