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Franugo's Posts

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PoliticsRe: ₦1.5 Billion Fraud Rocks Office Of Ebonyi SSG, Grace Umezurike by franugo(m): 6:20pm On Jul 21, 2025
Kosiso12:
Source : https://igberetvnews.com/1486094/breaking-1-5-billion-naira-fraud-rocks-office-ebonyi-ssg-grace-umezurike/
No way this woman does this without authorization from her superior or her principal.... thieves the lot of them
BusinessRe: 4000 CNG Trucks: Tanker Drivers Panic As Dangote, Marketers Tighten Distribution by franugo(m): 6:21am On Jul 21, 2025
The move by dangote is actually a sensible one, he's doing good for the economy, carry on sir!
HealthRe: My Friend Slim Escape Of HIV Experience by franugo(m): 6:14am On Jul 21, 2025
Rexymania:
This is discrimination
What's discriminatory about this exactly?
SportsRe: How Can Kylian Mbappe Be Older Than This Man by franugo(m): 6:13am On Jul 21, 2025
Freshtruth:
Omo this guy lie strong o person wey done get apari even see the face . I no wan here hardship here how mbappe take senior this guy? Africa should stop disgracing us pls.



If this guy wear suit for road u know go greet am normally
Mbeumo was born in France, not in an African country. I seriously doubt he can alter his DOB, and he was born in 1999 not 2000. Get your facts right bro
Foreign AffairsRe: Putin’s Soldiers Killed ‘in Mass Poisoning By Laced Bottles Of Water’ by franugo(m): 6:07am On Jul 21, 2025
How's 4 dead soldiers a "major blow" to Russia? Who creates these sort of silly posts? And I'm sure one mod will take it to FP soon undecided
PoliticsRe: Is Ganduje In A Critical Health Condition? Family, CoS React by franugo(m): 6:03am On Jul 21, 2025
TouchNfollow:
https://x.com/A_Y_Rafindadi/status/1946902716699017552?t=DRQ0lujV1_N4NpqDYD_r5w&s=08[/quote]As if I'd waste my prayers like that undecided I'm sure the money he stole will help him get the best medical care money can buy
SportsRe: Boniface Breaks Silence After Bayer Leverkusen's Humiliating Defeat To U-20 Team by franugo(m): 5:59am On Jul 21, 2025
What's the meaning of this thread? I didn't see anything from Boniface yet the thread was brought to FP? Abi na sponsored thread?
PoliticsRe: "Giving Should Be Done In Private, Gov Okpebholo Didn't Threaten Obi" - Edo Govt by franugo(m): 5:58am On Jul 21, 2025
helinues:
Sense no dey inside this press release . What's the business of Edo state government on how Peter Obi or anyone spend their money?

Meanwhile, Peter Obi's past is hunting him back
No need for long comment brother, just watch the video below. Politicians will always twist narrative to fit their leaning, it behooves on us to look past that to see the truth.
https://www.facebook.com/peterobimovement/videos/489607796893976/?mibextid=rS40aB7S9Ucbxw6v
PoliticsRe: Between Lere Olayinka And Governor Alex Otti by franugo(m): 5:42am On Jul 21, 2025
seunmsg:
Stray bullets just they hit Rufai Oseni from all angles 🤣🤣🤣
I'm confused, where was rufai's name mentioned in the post?
SportsRe: Endrick Marries Gabriely Miranda (Photos) by franugo(m): 7:35pm On Jul 20, 2025
YourGFsnatcher:
Do you understand what dating a minor is? Have you seen an adult dating a minor in any of "their movies"?
They are both adults by Brazilian law actually, Brazil's age of consent is 14. I just googled the lady and found out that she's actually 24, 6years older than endrick....I really hope it doesn't end in premium heartbreak for the little man but there's no minor in this relationship legally speaking.
PoliticsRe: A Professor Of What? Soludo's Embarrassing Statement On Sabmiller's Investment by franugo(m): 1:48pm On Jul 20, 2025
lionshare:
It's great to see people thinking from a place of numbers. Most replies to my initial post have been largely numberless in thinking.

@androblaze, you need to account for inflation in naira, not in USD, because $1 in 2012 was ₦155. Meanwhile, the USD inflates to $1.4 in 2025, but the naira’s value would be ₦2,100.

@franugo, the parent company of IB is AB InBev Nigeria Holdings BV, a subsidiary of Anheuser‑Busch InBev (AB InBev) — not SABMiller.
Noted brother, thanks. All in all tho, I think investing it was probably better than leaving the money idle but I also think there were other much better places to invest at the time
SportsRe: Endrick Marries Gabriely Miranda (Photos) by franugo(m): 1:46pm On Jul 20, 2025
YourGFsnatcher:
Not true. You can't date a minor in oyinbo land. Its a nig crime and they don't joke with it.
Where exactly are you getting this from? Literally all their movies show kids dating each other
FoodRe: It Look Like The Beans In Nigeria Is Now GMO by franugo(m): 5:15am On Jul 20, 2025
Verbtips:
a catalyst new nail put it inside beans na
This is the first im hearing of this o, sounds so weird
CelebritiesRe: Caption This Picture Of Mia Khakifa And Adekunle Gold by franugo(m): 10:33pm On Jul 19, 2025
gbemishile:
Mia Khalifa and Nigeria's Adekunle Gold were among the popular faces who showed up at Paris Fashion Week 2025
A picture showing Adekunle Gold, Mia Khalifa, and American rapper 2 Chainz sharing the same space has gone viral on social media
The highlight that has left many talking was Adekunle Gold's sitting posture as Nigerians shared their observation. Paris Fashion Week 2025 has gained attention on Nigerian social media over the presence of Adekunle Gold, American rapper 2 Chainz, and ex-adult film star turned jewelry designer Mia Khalifa at the event. Mia Khalifa, who declared her new identity as a jewelry designer, has expressed a desire to be recognised beyond her past
Thought she gave her life to Christ, why's she still dressing like a hooker huh
PropertiesRe: Eko Atlantic Land Hits N2bn Per Plot – Report by franugo(m): 10:30pm On Jul 19, 2025
FreeStuffsNG:
That's like land banking? If you want to take that route, I will suggest that you get the title sorted completely. If it is bareland and you leave it bare, it raises risk of being sold even behind you and whoever takes possession will sort the papers and now use court to fight you sir.
Noted bro, thanks 🙏
PropertiesRe: Eko Atlantic Land Hits N2bn Per Plot – Report by franugo(m): 10:22pm On Jul 19, 2025
FreeStuffsNG:
You will still get a buyer too. Remain positive and don't give up. All the best.
Thanks 👍, I'm not desperate tho, I can easily leave it till later in the future and have someone be monitoring it cause I'll be leaving bayelsa soon
PoliticsRe: A Professor Of What? Soludo's Embarrassing Statement On Sabmiller's Investment by franugo(m): 10:18pm On Jul 19, 2025
kedeojo:
Go and Google the profit Tinubu made in econet. Don't talk lies just because the sabmiller invest done by Obi is in the spotlight.
I have done as advised, I stand corrected.... thanks 👍

P.s: I have modified the post you quoted, thanks again
PropertiesRe: Eko Atlantic Land Hits N2bn Per Plot – Report by franugo(m): 10:17pm On Jul 19, 2025
FreeStuffsNG:
https://punchng.com/eko-atlantic-land-hits-n2bn-per-plot-report/
Wow wow, meanwhile I'm finding it hard to see a buyer for my two plots of land in bayelsa @ 1.5m per plot...in real estate, it's location location location!
PoliticsRe: A Professor Of What? Soludo's Embarrassing Statement On Sabmiller's Investment by franugo(m):
AndroBlaze:
First let me commend you as being the first person to try and make a decent economic argument as to why Soludo might be wrong in what he said. This is highly commendable in the Nairaland we find ourselves where people who shout the loudest and throw insults assume that doing this makes them right.

While your calculations and the idea behind them seem correct, you missed something that any economist or even businessman would have noticed, the value of money then compared to the value of money now.


Simply put, $1 as at 2012 is equivalent to $1.4 now. So if you really wanted to look at what is the equivalent of investing $12,616,356.43 as at 2012, you would have to convert that amount to the dollar value now which is 1.4* 12,616,356.43 = $17.6m.

So simply put, any dollar investment that you made 13 years ago, that is valued less than $17.6m has fallen below the inflation threshold and is a loss. If you repeated this using the naira value that he invested it will still amount to the same thing. Also we have not even considered the opportunity cost of what would have happened if he had invested that money in the least risky portfolio and the returns it would have yielded.

To be fair, this is the way a business man would think, there are other things an Economist would consider though, but one thing for sure is there is little doubt that the shares are worth less now than they were in 2012 using any sensible financial metrics.


EDIT:

I noticed your Sabmiller price was outdated from your screenshot so I also went to check the current value of International Breweries, which is what Sabmiller has morphed into( according to the article you quoted). In short, the share price is currently N13.85, which if you do the math with the previous quantity is valued at N5.6bn which is $3.6m now..... that is truly a terrible investment in every country and language.
Hello Andro, thanks for your submission, I understand where you're coming from, I believe the original investment was done in naira, I added the FX value as an afterthought.
I believe in hindsight, Peter would probably have gone for better options like GTCO, Zenith etc that are indigenous companies and would have fetched considerably more. Also though, if he'd left the money lying in the state govt account, it definitely would have yielded very insignificant amount so I guess it's commendable that he tried to multiply the money.
P.S, Sabmiller is actually like a parent body to Int'l brewery, not really the same company, I'm not quite sure which shares Peter purchased at the time, if it was in Sabmiller or in international brewery, though I believe the fund was utilized by Sabmiller mainly for the construction of int'l brewery.

P.s again, thanks for this, it's so irritating that people leave substance to abuse each other's ethnicity and political leaning, very annoying

SportsRe: Endrick Marries Gabriely Miranda (Photos) by franugo(m): 3:32pm On Jul 19, 2025
dawnomike:
"Longtime lover" How old is bros that she already qualified as a longtime loverhuh
Lololololollllz, maybe they've been dating since he was 10, oyibo parents no dey mind such rubbish, them go say e better to do am openly than for them to dey do side side business
PoliticsRe: Bianca Ojukwu Wears Swimsuit, Spends Quality Time With Her Oldest Son Nwanchukwu by franugo(m): 3:27pm On Jul 19, 2025
She's still so elegantly beautiful
PoliticsRe: Disgraceful, Display Of Thuggery – Political Parties Blast Gov Okpebholo by franugo(m): 3:23pm On Jul 19, 2025
Factcheck0001:
Peter obi name is clearly written in that tweet by el rufai, oya tell me another thing?
You realize how politicians are right? Let's talk Reno as an example, you see the way he switched allegiance and changed tunes because Tinubu is now in power right? At the time El-rufai made that statement, he was a chieftain in APC, his sole aim was to discredit Peter Obi, now both men have reconciled and will be working closely to try to unseat Tinubu.
Can you agree with me tho that movement is prohibited to a large extent during elections?
PoliticsRe: Disgraceful, Display Of Thuggery – Political Parties Blast Gov Okpebholo by franugo(m): 3:19pm On Jul 19, 2025
Cyberterror:
There is nothing wrong with the warning that Governor Okpebholo issued to Peter Obi and it is in Obi's best interest to obey the directive or have himself to blame. Obi did the same thing to El Rufai some years back in Anambara when he locked El Rufai in his hotel using his authority of Chief security officer of anambara. I am sure that guilty conscience will make Obi to obey the order just as he has been obeying the same order issued by the Benue state governor which made him to be avoiding Benue state since then.
Oh my God, why don't you guys fact check before carrying news like this? So if one person gets an outdated and false reportage, you guys will pick it up just because it aligns with what you want to believe?


https://www.youtube.com/watch?v=6cJC9WAwnxs?si=5R7ajFwSl8XUq1_x

Pls watch the video, even el-rufai himself said he was detained by SSS, who said the order came from above, Abuja....why el-rufai made this statement was because Obi said that it's normal for movement to be restricted during elections, Obi was himself restricted from moving around, and he was the governor of Anambra, where the election was holding, at the time.
PoliticsRe: Disgraceful, Display Of Thuggery – Political Parties Blast Gov Okpebholo by franugo(m): 3:14pm On Jul 19, 2025
Factcheck0001:
obi started it n this is obi karma

He did same to el rufai n before u argue about it, watch this video.

U people believe u are the only one that have the monopoly of madness

Hear from the horses mouth, el rufai himself talking about what obi did

Cc
RISQUE
Jmoore
PlasmaTV
KillahPriest
Tochi3
Ofunaofu
Helinues


https://www.youtube.com/watch?v=zhAsiFF064U

https://www.youtube.com/watch?v=6cJC9WAwnxs?si=5R7ajFwSl8XUq1_x

Brother pls watch the video, even El rufai stated that the order came from above, he was detained by SSS not Peter Obi. Pls watch the video and check the details, it's always good that we confirm things before reiterating them online
PoliticsRe: A Professor Of What? Soludo's Embarrassing Statement On Sabmiller's Investment by franugo(m): 2:47pm On Jul 19, 2025
We have too many people arguing blindly and with emotions...let us take emotions away from this and argue with facts, I will try to do so below:

In 2012, Peter Obi invested the sum of N1,955,535,247.00 (equivalent of approximately US$12,616,356.43 at the then average CBN exchange rate of N155.00/$1.00) to purchase 407,321,264 ordinary shares of the company now known as Sabmiller brewery, which means that then the price per share was around #4.8. fast forward to today, price per share is #57.60 on NGx which means that if Anambra state were to sell their total shares today, they'll realize over #23b, which means their shares have appreciated in naira value by over #21b. Now let's look at the USD value, in 2012, the USD value of the shares was $12m, when you convert the current naira value of the shares i.e #23b to USD, you get $15m, so it's also appreciated in USD value despite the fact that rates have taken a catastrophic nosedive since 2012.
All in all, it seems like a decent investment, I'm not sure why there's so much angst about it, or Maybe my math is not mathing? huh

https://www.vanguardngr.com/2022/06/dollar-value-of-peter-obis-investment-for-anambra-now-us3-7million-or-us5-3-million-depending-on-exchange-rate/

FoodRe: It Look Like The Beans In Nigeria Is Now GMO by franugo(m): 7:00am On Jul 19, 2025
Verbtips:
same tooo sometimes I even use nail but now adays sharp sharp beans don don
You use nail to do what exactly?
EducationRe: Assistant Professor Reacts To Renaming Of UNIMAID After Buhari by franugo(m): 6:06am On Jul 19, 2025
yarimo:
Jubilations and celebrations all over Nigeria immediately after the announcement
Your zombie-ism no too much like this?
FamilyRe: American CEO, Andy Byron Caught In Compromising Position, Wife Deletes His Name by franugo(m): 6:03am On Jul 19, 2025
Inspectorsuga22:
So hug is now evidence of cheating eh... interesting
Did you even look at the pictures? It's only a delulu person that will think those two have not rolled around under the sheets grin
PoliticsRe: 2027: Forget Northern Votes – Reno Tackle Obi's Absence At Buhari's Burial by franugo(m): 8:20am On Jul 16, 2025
TimeManager:
I wonder what happened to him to have failed to show up at the burial even though he is in the country, his team are doing a really bad job.
This is a man that has literally made the North his second home immediately after the 2023 elections, going from one state to another donating boreholes and breaking Ramadan fast in mosques. He was literally begging to visit Benue after herdsmen attacks but for the Governor who refused him. He was in ilorin last week where he was advocating that the coalition zone its ticket to the south. he was also in Jos this past Thursday where he visited some Islamic clerics who wore him an Hausa attire.. After all, he has taken it as a past time to be paying condolences to victims of attacks and the bereaved without giving a hoot about what people say about him. Why then did he fail to attend this crucial burial that seems to be at the very top of it all?.


-Kiss the truth!
He was at the burial of Awulaje. He has already condoled with the family of Buhari', I don't understand why you people castigate him for being at every burial yet also lambast him for not being at Buhari's burial, is that not hypocritical?
PoliticsRe: Peter Obi Didn't Attend Buhari Burial North Won't Vote For Him Said Sarki Photo by franugo(m): 6:31am On Jul 16, 2025
Mushmush:
It's game over for Obi. The North holds the sway power in Nigeria politics. Go and check. This is an undisputable fact!
And they'll not vote for him because he wasn't present for Buhari's burial? Are you people okay at all?
PoliticsRe: Peter Obi Didn't Attend Buhari Burial North Won't Vote For Him Said Sarki Photo by franugo(m): 6:24am On Jul 16, 2025
PresidentMUGABE:
The landlords of Nigeria said they won't vote for Peter Obi for not attending Buhari's burial
This sarki guy is all over the place, was he not the one that said he'd never forgive Buhari'?

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