₦airaland Forum

Henry240:
Nigeria

which ship is dat d one in dry dock

rildwanullahi:
compared to the west

compared to d west in times of what

rildwanullahi:
What did Niger delta and the east use their 50% revenue for?

den dere was nothing like nigerdelta.
for d east u have
UNN
Eastern radio n TV .now nta eungu and frcn eungu. eungu-ph road ph- calabar road.
eungu -aba -ph railway.

Over the years, falsehoods have been bandied across the country that there was a time when only the money de­rived from cocoa in the west and groundnuts in the north were em­ployed to run the country. It must hereby be stated in clear terms that there has never be any time in the annals of this country where only the money received from cocoa and groundnuts was used to run the entire country. This is so be­cause the three regions: North, West and East created in 1954 and lately Midwest in 1963, all contrib­uted their resources to the run­ning of the country.

The North produced ground­nuts and cotton, the West pro­duced cocoa, the Midwest pro­duced palm oil and rubber while the East produced palm oil and coal. From the aforementioned, all the defunct regions contribut­ed their quotas to the running of the country. That was before the discovering of crude oil in Oloi­biri village in 1956. Thereafter, the production of crude oil in com­mercial quantities in 1958 led to the abandonment of cocoa, palm oil, rubber and groundnuts.

Since the commencement of the sale of crude oil in commer­cial quantities, other states outside the oil producing region have re­mained unproductive and rely solely on the revenues emanating from the Niger Delta region.

Retrospectively, the Colony of Lagos and the Protectorate of Southern Nigeria were amalga­mated in 1906 while the Northern and Southern Protectorates of Ni­geria were amalgamated in 1914 by Lord Luggard, the then Gov­ernor-General of Nigeria. Thus, before the unification of the Col­ony of Lagos and the Protector­ate of Southern Nigeria in 1906, Lagos was under the direct lead­ership of Britain while the South­ern and Northern Protectorates were under the protection of Brit­ain. From 1914 to 1954, the coun­try was in an amorphous state as there was no centralised govern­ment.

It was after the division of the country into three regions: North, West and East that the semblance of government began to un­fold. Alhaji Ahmadu Bello, Chief Obafemi Awolowo, Dr. Nnam­di Azikiwe, were appointed pre­miers for North, West and East re­spectively. Hitherto, from 1906 to 1954, the major concern of Lord Luggard and his home govern­ment was to siphon the wealth of the country through their de­ceitful and imbalanced trades. Obviously, the regions engaged predominantly in farming and sold their produces to the coloni­al leaders at low-priced and also pay taxes to same. It was the tax­es paid by the regions the coloni­al administrators deployed to run their quasi-government.

Meanwhile, it was just two years after the creation of the regions that crude oil was discovered in Oloibiri in 1956. In 1958 the pro­duction of crude oil in commer­cial quantity commenced. The sale of crude oil in commercial quantity also marked the begin­ning in the fall in agriculture and agricultural produces. But reve­nue allocation was on the basis of derivation which was 50 percent.

Amazingly, with the emergence of Col. Yakubu Gowon as the new head of state owing to the coun­tercoup of July 29, 1966 and the subsequent civil war that erupt­ed, abolished revenue allocation based on the principle of deriva­tion and controlled all revenues generated under the guise of pros­ecuting the civil war. This practice was never reversed even after the civil war. That was the genesis of unitary system of government in the country.

As a result, from 1966 till 1999, resources were shared based on the numbers of local government areas each state has and not on the basis of derivation hence the pro­liferation of local government ar­eas in some privileged part of the country. Presently, the 36 states except those in the Niger Del­ta region receive revenue from the federal government without contributing anything to the na­tional treasury. This unitary sys­tem has rendered the states in­viable as they go to Abuja every month to collect the crumbs that fall from the table of the federal government.

From the aforesaid, at what point in the history of this coun­try was the money derived from only cocoa and groundnuts was used to run the entire country? It is imperative to correct this mis­information that has almost be­come truth in this country. For, a piece of lie told repeatedly, will in no time be taken for a truth.


http://authorityngr.com/2016/07/The-truth-about-cocoa-and-groundnuts-earnings/

AgentOrange:
If Nigeria eventually breaks up, Biafra will be for Igboland ONLY.

We will however accept others that are willing to be part of us but will force no one to join us.

I propose we call d new country Igboani

Henry240:
The production length is unacceptable. It took the Nigerian navy 4 years individually to build 3 boats. NNS Ugwu (Tug boat), NNS Andoni another 4 years, SDBII which was to be delivered in 2013, another 4 years.

We need to cut production time to within months, maximum 10 months for vessels such as NNS Andoni and SDB II. The Navy is also projected to a Landing Ship, and a Hydrographic ship soon. With the length of delivery, i can't even imagine when they would be launched when finally approved.



On the plus side, Epenal has so far delivered 60 boats to the Nigerian Navy, with 20 more on order. 80 boats in 7 months, yes they are 8.2 meters boats, but you can see why i advocate private manufacturing instead of government bureaucracy.

I total agree with you let d navy design n outsource d construction to a private company here in Nigeria

Henry240:
Compare

dis is very good.
need to now focus on reduced time spent on development n production

Henry240:
Have they finally launched it, any video?

nothing o.only saw it on silverbirdtv news flash.

chkil:
Egyptian Mig-29 Fighter Jets to Carry Cutting-Edge IRST, EW System
By ITARTASS -August 17, 2016

but d Indian are complaining about their recently delivered mig 29 just hope Egypt don't experience same

bidexiii:
When was that.....

yesterday
d andoni ii SD boat

Maximum83:
Ode must you insult when making your opinion

pls forgiveness I seek.op make u no vex

oga henry u get any spec about d new SD boat launched yesterday by d navy

so our navy launch boat person no even know

[quote author=Islie post=48577180][/quote]please if Ali modu s.is been stupid den let d SS n SE pdp move out and merge with apga + ppa lp etc or better still form a new party.

did northern dominance sickens me.

Yoruba u pple n hypocrisy are like devil n lie.so because he named his DPG buhari he was locked up for 3days.

and since wen did Niger Delta turn igbos.

dis beast u yorubas are fanning will one turn and also consume you pple.

ayobami52:
"Recently I was telling a friend that Cool FM, Wazobia FM, Nigeria Info, Wazobia TV, Cool Link, Chocolate Royal etc, are all owned by an individual.
The guy shouted that this couldn't be true!
When I further told him that these companies were owned by a Lebanese, the guy almost punched my fine face (make I show myself small. Lolz).
Most Nigerians currently feel like hanging Mr. President.
Particularly, the importers, due to the dollar rise. I've been feeling the same way too, until I had an encounter with a Chinese guy, and I've since realised that i was just naive.

This Chinese guy has a factory where he manufactures furniture here in Nigeria.
One of his raw materials is wood, which he sources from Nigeria, because Nigerian wood is cheap and of the best quality.

But he has to import other accessories.
One of the amazing things he however does, since the rise of the dollar, is that the guy has been importing accessories, yet he has not increased the price of his products.

How come?
This guy has put his wife in charge of the factory, while he spends most of his time in Shagamu, Ogun State, buying timber and exporting to China.
The money from the exported timber that was supposed to be transferred back to him here in Nigeria, is being used to buy the furniture accessories he uses for production.

By so doing, he doesn't need to buy dollar.
So he said: "Emmanuel, I don't have problem with dollar rising to N500...because I don't need it for anything."
He said his Indian friend does the same thing with ginger export.

While the only thing we Nigerians do is exporting our complaints on social media.
So the Indians and the Chinese are busy coming up with strategies that have defied the dollar challenge, while we Nigerians are shouting 'dollar is high'.
Well...here's food for thought o, my fellow Nigerians.Copied from a friend's post on palmchat

mumu so na because of dis u go open thread.

pls tel me do we have steel industry in Nigeria

eleganza plastic also have to buy polymer for to make plastic if our refinery n petrochemical industry are functional who would complain.

and my friend both u and does ur Indian n Chinese friends are liars.

dollar rise does not only affect cost of production but also payment of salaries, tax,logistics n mobility.

baba Cassandra y.
so he never still stop dis him 97/5 syndrome

bidexiii:
Can you see a mentality of a black man.

"Just only 2 billion".

wetin u want make I talk ,since d govt wan dey release am small small.

if dem serious let dem post d full report make we see.

Tinfoil:
1st Nigeria J17?
http://quwa.org//wp-content/uploads/2016/01/JF-17-Block-2-01-692x360.png

wake up from dat ur dream

Soreza:
But we have obi of onitsha

obi of wot.
pls d obi of Onitsha is only to d Onitsha pole.

had it been eze NRI dat would have been better

only 2billion?
wen will d witch hunting stop.it will b also great if d govt can explain y buratai and dambazu are not been investigated .

all of shouting dat d trial should being,I just laff in efik.

Nigerians we are very good in passing sentence b4 judgement.

everyday we kip on hearing dat dis stole dat .dat stole dis ,

if I may ask if all d equipment are faulty n unoperational den wot did army use in all its advancements n successful battles.

its very funny dat dey only bring up dis cooked up fancy lies wen d mass castigates d govt over its poor policy implementation eg d stupidious fall of d naira.

let dem post d full report.personal am tired of dis bit by bit dashing out of did fake report.

AmericanQuarter:
.

innoson n ibeto mansions are also great

karma Don catch am

Emeka offor wen u were diverting d electric power meant for nnewi to orifite cos it's ur hometown, I knw u Neva thought it will b like did for you.

chie8:
It is official.Exploration of oil has started in North East Nigeria.

Details later

Image credit:Sallau

Source: http://www.trezzyblog.com/2016/08/exploration-begins-north-east.html

never knew dat d north have red sand and thick vegetation.


well APC is free to scam those who choose to believe

Johannesburg - South Africa’s economy regained the
position of Africa’s largest in dollar terms more than
two years after losing it to Nigeria as the value of the
nations’ currencies moved in opposite directions.
Based on gross domestic product at the end of 2015
published by the International Monetary Fund, the size
of South Africa’s economy is $301bn at the rand’s
current exchange rate, while Nigeria’s GDP is $296bn.
That’s after the rand gained more than 16% against the
dollar since the start of 2016, and Nigeria’s naira lost
more than a third of its value after the central bank
bank removed a currency peg in June.
Both nations face the risk of a recession after
contracting in the first quarter of the year. The Nigerian
economy shrank by 0.4% in the three months through
March from a year earlier amid low oil prices and output
and shortage of foreign currency. That curbed imports,
including fuel. In South Africa, GDP contracted by 0.2%
from a year earlier as farming and mining output
declined.
“More than the growth outlook, in the short term the
ranking of these economies is likely to be determined
by exchange rate movements,” Alan Cameron, an
economist at Exotix Partners, said in emailed responses
to questions on August 2. Although Nigeria is unlikely
to be unseated as Africa’s largest economy in the long
run, “the momentum that took it there in the first place
is now long gone”.
No growth
The South African rand rallied as investors turned to
emerging markets with liquid capital markets to seek
returns after Britain voted to leave the European Union
on June 23, even as the central bank forecast the
economy won’t expand this year and the nation risks
losing its investment-grade credit rating.
The ruling African National Congress’s lowest support
since 1994 in the August 3 local government vote led to
further gains on speculation that it will pressure the
party to introduce economic reforms that will boost
growth and cut unemployment.
In Nigeria, investors didn’t flock to buy naira-based
assets after authorities removed the peg of 197-199
naira per dollar. The Central Bank of Nigeria raised its
benchmark interest rate to a record in July to lure
foreign money, even as the IMF forecast the economy
will contract 1.8% this year.
Nigeria was assessed as the continent’s largest
economy in April 2014 when authorities in the West
African nation overhauled their GDP data for the first
time in two decades.
The recalculation saw the Nigerian economy in 2013
expand by three-quarters to an estimated 80 trillion
naira.
The rand gained 1% to R13.2805/$ at 16:03 in
Johannesburg on Wednesday. The naira weakened 2.7%
to 320 per dollar.



m.fin24.com/fin24/Economy/sa-boots-nigeria-out-as-africas-largest-economy-20160810?isapp=true

SpicyJosBabe:
AHMED MUSA

Talented International Nigerian footballer. Currently plays for a foreign russian football club

Ahmed Musa is from sokoto

SpicyJosBabe:
DANIEL AMOKACHI


Legendary retired Nigerian footballer and coach

never knew dere are Igbo in benue

Henry240:
To be honest, at this point, we should just settle in, accept terrorism has come to say in Nigeria, and then, make sure we confine the terrorist threat to Sambisa forest.



This is just the reality. I simply do not know how we can defeat this threat.

I just hop and pray dat d SAM are just dummies n maybe just does 2,cos if not we don buy market.


who knows wot other weapons does group might have dat is not knw

Henry240:
That's surely an Igla SAM, but where did they get that from?

possibly Libya or maybe Sudan.I just dey pity does our A-jet not to talk of d IRS assets.

if I might ask who have d NAF & NA been hitting