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Politics / Re: Embraer EMB 314 Super Tucano. What you need to Know by gohome: 3:42pm On Apr 27, 2018
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Politics / Re: Embraer EMB 314 Super Tucano. What you need to Know by gohome: 3:40pm On Apr 27, 2018
Did Nigeria get a good deal?

Politics / Re: Embraer EMB 314 Super Tucano. What you need to Know by gohome: 3:38pm On Apr 27, 2018
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Politics / Embraer EMB 314 Super Tucano. What you need to Know by gohome: 3:34pm On Apr 27, 2018
The Embraer EMB 314 Super Tucano (About so named ALX or A-29, is a turboprop light attack aircraft designed for counter-insurgency, close air support, and aerial reconnaissance missions in low-threat environments, as well as providing pilot training. Designed to operate in high temperature and humidity conditions in extremely rugged terrain, the Super Tucano is highly maneuverable, has a low heat signature, and incorporates fourth-generation avionics and weapons systems to deliver precision-guided amunitions.

https://en.m.wikipedia.org/wiki/Embraer_EMB_314_Super_Tucano?wprov=sfti1

Politics / Re: Subsidy 101: Q &A On Subsidy. by gohome: 9:59pm On Jan 19, 2018
989900:


Go thru the below at your leisure, not perfect (slight adjustments here and there could be made for exchange rates and the like), it will help your perspective.

December 10, 2011, if you stopped at the Mobil filling station on Old Aba Road in Port Harcourt , you would be able to buy a litre of petrol for 65 naira or $1.66 per gallon at an exchange rate of $1/N157 and 4 litres per gallon. This is the official price. The government claims that this price would have been subsidized at N73/litre and that the true price of a litre of petrol in Port Harcourt is N138/litre or $3.52 per gallon.

They are therefore determined to remove their subsidy and sell the gallon at $3.52. But, On December 10, 2011, if you stopped at the Mobil Gas station on E83rd St and Flatlands Avenue in Brooklyn, New York, USA, you would be a able to buy a gallon of petrol for $3.52/gallon. Both gallons of petrol would have been refined from Nigerian crude oil. The only difference would be that the gallon in New York was refined in a US North East refinery from Nigerian crude exported from the Qua Iboe Crude Terminal in Nigeria while the Port Harcourt gallon was either refined in Port Harcourt or imported. The idea that a gallon of petrol from Nigerian crude oil cost the same in New York as in Port Harcourt runs against basic economic logic. Hence, Nigerians suspect that there is something irrational and fishy about such pricing. What they would like to know is the exact cost of 1 litre of petrol in Nigeria .

We will answer this question in the simplest economic terms despite the attempts of the Nigerian government to muddle up the issue. What is the true cost of a litre of petrol in Nigeria ? The Nigerian government has earmarked 445000 barrel per day throughput for meeting domestic refinery products demands. These volumes are not for export. They are public goods reserved for internal consumption. We will limit our analysis to this volume of crude oil. At the refinery gate in Port Harcourt, the cost of a barrel of Qua Iboe crude oil is made up of the finding /development cost ($3.5/bbl) and a production/storage /transportation cost of $1.50 per barrel.

Thus, at $5 per barrel, we can get Nigerian Qua Iboe crude to the refining gates at Port Harcourt and Warri. One barrel is 42 gallons or 168 litres. The price of 1 barrel of petrol at the Depot gate is the sum of the cost of crude oil, the refining cost and the pipeline transportation cost. Refining costs are at $12.6 per barrel and pipeline distribution cost are $1.50 per barrel. The Distribution Margins (Retailers, Transporters, Dealers, Bridging Funds, Administrative charges etc) are N15.49/litre or $16.58 per barrel. The true cost of 1 litre of petrol at the Mobil filling station in Port Harcourt or anywhere else in Nigeria is therefore ($5 +$12.6+$1.5+$16.6) or $35.7 per barrel . This is equal to N33.36 per litre compared to the official price of N65 per litre. Prof. Tam David West is right. There is no petrol subsidy in Nigeria . Rather the current official prices are too high. Let us continue with some basic energy economics.

The government claims we are currently operating our refineries at 38.2% efficiency. When we refine a barrel of crude oil, we get more than just petrol. If we refine 1 barrel (42 gallons) of crude oil, we will get 45 gallons of petroleum products. The 45 gallons of petroleum products consist of 4 gallons of LPG, 19.5 gallons of Gasoline, 10 gallons of Diesel, 4 gallons of Jet Fuel/Kerosene, 2.5 gallons of Fuel Oil and 5 gallons of Bottoms. Thus, at 38.2% of refining capacity, we have about 170000 bbls of throughput refined for about 13.26 million litres of petrol, 6.8 million litres of diesel and 2.72 million litres of kerosene/jet fuel.

This is not enough to meet internal national demand. So, we send the remaining of our non-export crude oil volume (275000 barrels per day) to be refined abroad and import the petroleum product back into the country. We will just pay for shipping and refining. The Nigerian government exchanges the 275000 barrels per day with commodity traders (90000 barrels per day to Duke Oil, 60000 barrels per day to Trafigura (Puma Energy), 60000 barrels per day to Societe Ivoirienne de Raffinage (SIR) in Abidjan, Ivory Coast and 65000 barrels per days to unknown sources) in a swap deal. The landing cost of a litre of petrol is N123.32 and the distribution margins are N15.49 according to the government. The cost of a litre is therefore (N123.32+N15.49) or N138.81 . This is equivalent to $3.54 per gallon or $148.54 per barrel. In technical terms, one barrel of Nigerian crude oil has a volume yield of 6.6% of AGO, 20.7% of Gasoline, 9.5% of Kerosene/Jet fuel, 30.6% of Diesel, 32.6% of Fuel oil / Bottoms when it is refined.

Using a netback calculation method, we can easily calculate the true cost of a litre of imported petrol from swapped oil. The gross product revenue of a refined barrel of crude oil is the sum of the volume of each refined product multiplied by its price. Domestic prices are $174.48/barrel for AGO, $69.55/barrel for Gasoline (PMS or petrol), $172.22/barrel for Diesel Oil, $53.5/barrel for Kerosene and $129.68/barrel for Fuel Oil. Let us substitute the government imported PMS price of $148.54 per barrel for the domestic price of petrol/gasoline. Our gross product revenue per swapped barrel would be (174.48*0.066 +148.54*0.207+172.22*0.306+ 53.5*0.095+129.68*0.326) or $142.32 per barrel. We have to remove the international cost of a barrel of Nigerian crude oil ($107 per barrel) from this to get the net cost of imported swapped petroleum products to Nigerian consumers. The net cost of swapped petroleum products would therefore be $142.32 -$107 or $35.32 per barrel of swapped crude oil. This comes out to be a net of $36.86 per barrel of petrol or N34.45 per litre.

This is the true cost of a litre of imported swapped petrol and not the landing cost of N138 per litre claimed by the government. The pro-subsidy Nigerian government pretends the price of swapped crude oil is $0 per barrel (N0 per litre) while the resulting petroleum products is $148.54 per barrel (N138 per litre). The government therefore argues that the “subsidy” is N138.81-N65 or N73.81 per litre. But, if landing cost of the petroleum products is at international price ($148.54 per barrel), then the take-off price of the swapped crude oil should be at international price ($107 per barrel). This is basic economic logic outside the ideological prisms of the World Bank. The traders/petroleum products importers and the Nigerian government are charging Nigerians for the crude oil while they are getting it free.

So let us conclude this basic economic exercise. If the true price of 38.2% of our petrol supply from our local refinery is N33.36/litre and the remaining 61.8% has a true price of N34.45 per litre, then the average true price is (0.382*33.36+0.618*34.45) or N34.03 per litre. The official price is N65 per litre and the true price with government figures is about N34 per litre (even with our moribund refineries).

There is therefore no petrol subsidy. Rather, there is a high sales tax of 91.2% at current prices of N65 per litre. The labor leaders meeting the President should go with their economists. They should send economists and political scientists as representatives to the Senate Committee investigating the petroleum subsidy issue. There are many expert economists and political scientists in ASUU who will gladly represent the view of the majority. The labor leaders should not let anyone get away with the economic fallacy that the swapped oil is free while its refined products must be sold at international prices in the Nigerian domestic market.

The government should explain at what price the swapped crude oil was sold and where the money accruing from these sales have been kept. We have done this simple economic analysis of the Nigerian petroleum products market to show that there is no petrol subsidy what so ever. In the end, this debate on petrol subsidy and the attempt of the government to transfer wealth from the Nigerian masses to a petrol cabal will be decided in the streets. Nigerian workers, farmers, students, market women, youths, unemployed, NGO and civil society as a whole should prepare for a long harmattan season of protracted struggle. They should not just embark on 3 days strike/protests after which the government reduces the hiked petroleum prices by a few Nairas. They must embark upon in a sustainable struggle that will lead to fundamental changes. Let us remove our entire political subsidy from the government and end this petroleum products subsidy debate once and for all. It is time to bring the Arab Spring south.

Izielen Agbon Izielen Agbon writes from Dallas, Texas. izielenagbon@yahoo.com

He is former HOD , Petroleum Eng Dept, former ASUU chairman University of Ibadan, trained many operators in nation's energy industry with pratical experience on our practices and policy focus in the last 20yrs

http://saharareporters.com/2011/12/15/real-cost-nigeria-petrol-dr-izielen-agbon

Ask for forgiveness
Politics / Re: Subsidy 101: Q &A On Subsidy. by gohome: 9:48pm On Jan 19, 2018
Esdb3:



I'm sure whoever gave this answer is a rich man...... Do you know how 'cheap' 1 dollar is to Americans? 1 dollar will feed a man over here, that same 1 dollar is like 10 naira to an American man.... They pay per hour in America. You can earn 18 dollars per hour or in a day sometimes that is 3240..... How many Nigerians earn 3240 in an hour talk less of a day? Corruption is the norm of our society, people don't receive salaries for 7months sometimes. How do you want these people to pay 180-220 naira for fuel?
NIGERIANS CAN'T AND WE WON'T! WE CAN'T ENRICH THE RICH WHILE WE DIE POOR! A senator receives 2billion every year, he spends not more than 50million out of the money meant for empowerment, you want us to now pay more and probably increase his keep to 2billion? THINK PLEASE.

Have you died?
Politics / Re: Subsidy 101: Q &A On Subsidy. by gohome: 9:46pm On Jan 19, 2018
PassingShot:


You will be surprised that even after the "subsidy" is removed, fuel will not sell for more than 100 naira a liter. You know why? It's because most of what is claimed as subsidy for fuel consumed locally is false. No subsidy in the true sense of that word.



See your life?
Politics / Re: Subsidy 101: Q &A On Subsidy. by gohome: 9:44pm On Jan 19, 2018
nafiachi:
Guys there is only one simple answer to all ur questions on subsidy, IT is FRAUD.
In one of the ops question and answer quote it said the marketers all rush to import PMS because subsidy is paid for it. ?
Now, I am a plantain and banana seller, going all the way to benue to buy plantain @ #10, plus transport and my profit I intend to sell @ #20, but the govt says abeg sell @ #13 to the people we'll pay u the remaining #7, to me that is fair enuff, but when I am told sell @#13 we'll give u #50 then that is lucrative.
Point is this the marketers are into this subsidy thing because they make more than normal, now it is left for the govt to correct the corruption in that deal not remove the subsidy all through, I believe that was the position we had in the Occupy Protests.


Still fraud ?

1 Like 1 Share

Politics / Re: Nnamdi Kanu Visited By Benue Tiv Nation: The Most Powerful Interview Of 2017 by gohome: 10:28pm On Jun 25, 2017
toofit007:
the framework for which Biafra will operate

I wish Nigeria will be restructured like this.

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 4:19pm On Jun 11, 2017
laudate:


Which venom? Are you referring to the one that your IPOB brothers have been spewing online?

lol at IPOB brother. You are getting more emotional. I argue to Teach and Learn, it seems at this state, you have not to take or give.. in fact you appear to have the same mindset of the IPOB pips. so no need to waste our times. See ya!

1 Like

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 3:53pm On Jun 11, 2017
modik:


Keep upholding colonial mentality

Emancipate yourself from mental slavery!






The only way to emancipate your self from slavery is to invest in science and technology. (Ditto Japan, China, Korea etc) if you are too lazy to do that... you have no escape route
Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 3:49pm On Jun 11, 2017
dyydxx:


Saudi Arabia and Most GCC(Egypt,UAE,Bahrain) countries explicitly banned Qataris by cutting ties and closing their borders and instructing all of them to get out of their respective countries. They even made a law that anybody that sympathizes with the Qataris will be jailed for 3 years. All these happened last week. Google is your friend. So what are you going on about

Breakup does not mean war. You should have at least read through the thread to avoid embarrassing yourself

1 Like

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 3:48pm On Jun 11, 2017
laudate:


You chaps are just jokers. So you now speak for the entire authorities of Lagos State, right? And your wishful dreams will make the other tribes billionaires overnight, as if they have started minting naira notes in the lagoon? And in your deluded dreams you feel the biafrans will retain their asset, if there is a breakup? keep dreaming, bro'. shocked

Break up does not always mean war. Gosh why are you so stuck in time. Why so much venom.
Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 4:43am On Jun 11, 2017
laudate:


Are you saying the laws of Lagos State would supercede the laws of the Federal Govt of Nigeria? Or would Lagos State operate a set of laws that would run contrary to the prevailing law in the rest of the country?

If Biafra secession happens democratically and in peace time and the rest of Nigeria by miracle (ijaw nation, Yoruba nation, etc) remains an entity, the federal government structure as we know it will be gone. That's so obvious because the constitution will be rewritten.

Discussions around state autonomy will be on the table. Lagos state for example will be the pride of the Yoruba elites and will ask for city State status. Some concessions will have to be reached and I am sure Lagos will want to control its laws that affect its financial strength (stock exchange, banking, real estate... etc)

Ijaw will never be in any union without full resource country.

The Edos for example will want laws that protect minorities .... things like state of origin and birth will be trashed.

A plateau or a man from southern Kaduna will also want to protect his farm lands

The constitutional review will be interesting

Now back to the biafrans. If by any chance the laws of nigeria becomes more draconian after Biafra, for Lagos real estate, I see moderates (Elite, Yoruba, Edo, itsekiri etc) becoming billionaires over night while the biafrans retain their asset. I won't say how yet until you give me the typical law you have been dreaming of that will differentiate between A Biafran and say a Ghanian which will make him forfeit his properties

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Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 3:30am On Jun 11, 2017
laudate:


Guy, foreigners can always be differentiated in the eyes of the law, as the laws applicable to each type of foreigner can be clearly spelt out. That is why Britain had a different set of immigration regulations for citizens holding an EU passport, (at the time the UK was still part of the EU), while it had a different set of regulations for citizens from non-EU countries. Go figure!

This example is flawed. Can you use an example between 2 countries and not a country and a continent?

When you are done doing that, can you give an example by stipulating the law that will be in a bill, act or whatever that will tell the difference between Biafra and say Ghana? Please don't use vague statement like 'set of regulations' The reason I want you to do it is for you to think and then hear yourself.

2 Likes

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 10:55pm On Jun 10, 2017
Mujtahida:

So why the cry for Biafra. It's become like a ghost haunting the nation. Why the vociferous outcry now? Has it not become a weapon in the hands of its proponents to be wielded just so certain objectives can be obtained?

Two types of people exist the kings and the paupers, the elites and the masses, the rich and poor, lords and commoners....

The elites will always control the masses like pawns. The pawns are being controlled without their knowledge. The pawns are told to cry for Biafra, so restructuring can be discussed. What do you sell to the pawn to keep the engines running... same old tricks ...hope. Hope for paradise, hope for better life, hope for Eldorado. This is the same trick that also helps fuel people passion for religion, race and country

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Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 10:37pm On Jun 10, 2017
Mujtahida:

Ok. So in your own opinion what's the reality Igbos should settle for : a restructured Nigeria or Biafra ( according to Ipobs it's Biafra or death)

A restructure Nigeria. A regional government will be beneficial to the Igbos than Biafra. They will enjoy a mini Biafra and also continue to enjoy the strength Nigeria has to offer.

A regional government will also start to teach them how to run a country. Because in my opinion the major problem with African, is that we do not know how to run a country.

And for the Igbos saying Biafra or death have no idea and the world runs. if say, Biafra comes,these guys championing the struggle will have to give way for present professional, leaders and politicians to run. the reason being there are the only group of people that understand what is takes.

Let me give you an example on EEZ and deep water resources.

Exclusive Economic zone (EEZ) extend to 200 nautical miles from the baseline. In this zone a country has exclusive right to exploit the resources at sea. International Shipping, military exercise usually take place in this zone. Beyond this zone is International waters.

Problem arises when countries are so close to each other that defining autonomy becomes an issue e.g. South china sea, India- Bangladesh, India - Sri lanka (Katchthivu islands). In such cases bilateral or international arbitration is required.

As in the case of nigeria, this will certainly happen and it has to be settled by arbitration. Arbitration as we all know is mostly Political and stupid things like land mass play a role in what you can claim. Very organised people needs to be set up for these. These touts will have to give way to properly play the politics and strike deals where possible. That's why you would not only be in the good books of the west (UK US and France),you will have to kiss their ass. The insults and vituperations to Britain (The West) by the agitators is uncalled for and based on ignorance. Have you wondered why 100 people die in Borno, no statement by the government, but 1 person dies in France or UK we not only send condolence statement we make sure the public knows we have sent a statement?

7 Likes

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 9:54pm On Jun 10, 2017
Mujtahida:

I am not saying Igbos are schizorphrenics. Rather I used it in the sense that they have split identities as per their national status. Today they are Nigerians (depending on how the political winds blow) tomorrow they are Biafrans. But other Nigerians generally are simply Nigerians. No duality in their national identity.

I don't think that mentality is limited to the Igbos. All other interest groups behave in similar manner, not just in Nigeria but around the world.

For example, Richard Nixon is known to be the greenest president in America and guess what he was a republican. Nixon signed the bills that established the Environmental Protection Agency and the landmark Clean Air Act. Going further, in 1972 Nixon signed the Coastal Zone Management Act; the Ocean Dumping Act; the Marine Mammal Protection Act; the Federal Insecticide, Fungide, Rodenticide Act; and the Toxic Substances Control Act. Nixon's term also saw passage of the Endangered Species Act in 1973 and the Safe Drinking Water Act in 1974.

Today it seems like the republicans are here to destroy the earth while the democrats are sane, humane people to save the planet.

Pure lies. Just interest. People, groups take up position based on interest.
Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 9:41pm On Jun 10, 2017
Mujtahida:

Not dumb per se. It's just their viewpoint. I am and I have always been interested in this Biafran issue. Interest waned but current events have re-ignited my interest again. Most of the threads on Biafra are riddled with insults, name-calling and sh!t. Let's get above that here please.

I agree with you that there are many scenarios that can play out and nothing is stark but rather shades of grey. Your angle on the question of property has enlarged the discourse because most think solely in terms of real property. I didn't avert my mind to this possibilities. So there's room for a lot of things to happen IF Biafra happens.

A smart person does not stick to a particular viewpoint of events he can't predict. Intelligent people always discuss scenarios.

And as for Biafra, if it happens now, events will be too chaotic to handle. A regional government run for several years (ditto Scotland) may ease the chaos... but as it stands, if Biafra comes now, Biafra will be in chaos, the rest of nigeria will be in chaos, west african will be in chaos.

5 Likes

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 9:20pm On Jun 10, 2017
Mujtahida:

Interesting points you have raised here. Let's discuss. And my viewpoint might differ from yours but as matured people let's keep it civil and polite.
On your eight points I have always believed that it's virtually impossible for Nigeria to split into two and I regard those who take such a view as being too simplistic and naive in their thinking. In a different thread on this Biafran issue I did posit that Nigeria as a geographical space is what is holding this country together. Once that band snaps all the inherent ethnic fissures and fault lines would give way and the whole nation will go to pieces.

But I discern that despite your calls for restructuring, despite that you seem to believe that Nigeria will split into more than one piece you still believe that it is inevitable that Nigeria splits. Why do you think so?

Nigeria is a key geopolitical player as far as Africa is concerned. She shoulders lots of responsibility and I do not think that the world powers will countenance her going to pieces. It is in their interest that Nigeria remains as a piece. Think of the possible monumental humanitarian crisis with spill over effects. Sierra Leone is still healing, Liberia, Cote D'ivoire too, Ghana, Togo, Benin are very small. So who'd absorb the spill over?

Psychologically Igbos have become schizorphrenics and it's bad for them as far as national perception and the space available for them politically is concerned. The civil war caused a rupture in the consciousness of the nation that has not yet healed. In fact the wounds have fostered and has become a suppurating sore. They simply cannot be trusted (I am referencing national perception here). Nigeria feels that Igbos still carry that threatening and divisive vision in their heart and yes Biafra has become the refuge, the comfort, the hope of the Igbos in a nation where we all suffer just like the slaves during the slave era projected their visions of freedom to the heavenly Jerusalem. Biafra is the alternate dream for Igbos in the absence of a Nigerian dream. So I'd like to ask don't you think that the time has come or should come for the Igbos to exorcise this vision from their collective unconscious?

It's not inevitable... it's possible. That why I stated point 7. See below.

7. Another card that can be played will be restructuring. Nigeria can be restructured and grouped into more like minds. In my opinion, restructuring can prolong disintegration by another 50 years and maybe by then we hope that one world order would have washed away our stupid cave like ethnic stupidity as I would like to call it

What this means is that if the games are played well, it will take another 50 years for people to start to cry for their own country (ditto Scotland, Barcelona , Texas and California) But by then, one world order (interconnectivity of world) will make it impossible and will help in washing away cave like ethnic stupidity we practice in black Africa.

And about the Igbos... I hate to group and tag people. People that come in different shades and colors. It's bad.

People also say the Jewish people are the most schizorphrenic people there is. Is it good for them? Yes, No, Maybe?
Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 9:11pm On Jun 10, 2017
Mujtahida:

There's nothing in the vague first paragraph of your penultimate post for me to answer because I could not discern if you were talking about the right of citizens or citizenship right.

I am not for or against biafra so my arguments are not tinged with sentiments. If Biafra becomes a reality, fine. If it does not, fine. I just want to put down certain viewpoints. Shikena.

The arguments from your side as I understand it is that once Biafra is declared, war will ensue and Biafrans will lose their status as citizens and as a consequence lose their property. And I opined and still opine that nothing is fixed. It's not black and white.

RE : DOES SECESSION OF A COUNTRY MAKE AN INDIVIDUAL LOSE HIS PERSONAL PROPERTY? That's the topic once again. For you secession equals war. But I have a different opinion: secession does not necessarily mean war. Your opinions are ruled by just one thought: war, war, war. But I look at it broadly to say there might or might be no war. South Sudan was had without a war, was it? What of Czechslovakia, montenegro and Serbia, India/Pakistan? is it only through wars that nations secede? Though I readily concede that most secessions have been trailed by war but history proves that other nations have parted ways peacefully and at this point whatever is said now are just postulations. There might or might be no war in the event of the secession of Biafra. And whether war ensues or not there will be litigation in our courts up to the supreme Court on the status of citizens and their property rights. (I have cited Ojukwu case as a precedent and buttressed the fact that we are in a democratic setting not the military that ruled after the war) The fact that Nigeria has never lost a war is besides the point. I know Nigerian military history.

A lot of people are too dumb to think and simulate possible scenarios that can ensue based on current realities. They only assume what their brain capacity can.... War happened the last time, it will surely happen again.

Now to the question asked 'does secession make one lose assets'?

The answer could be yes or No

I have simulated different scenarios and the most plausible as at current reality is they won't be any war for secession. If At all they is secession, it will most likely be peaceful and Nigeria will first of all go into a tricky mode....a referendum mode (which of course will take guts for any leader to conduct). In that mode, everybody (not just the secessionist... everybody) will start to mop up dollars, gold or cryptos the stock exchange will crash, so also the real estate market.

And as we know, 90% of dollars in our banks are electronic and would not be prone to people breaking vaults and confisticating. Some of these funds are linked to hedge funds, equities, and capital firms owned by different entities, banks, clubs etc.

So let's assume, I am unlucky to come from a sessionist region and I would love to safe guard my assets, money and estate. What will I do?

1. Money: Take a dollar position and hedge in an international capital or bank. Can also take positions in the Nigeria banks with international operations. And because money is electronic, I can always cash out anywhere with master card, visa or PayPal

2. Estate: Get a real estate company in conjunction with a reputable law firm and sign an MOU for them to properly manage.

4 Likes 1 Share

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 8:18pm On Jun 10, 2017
Mujtahida:

There's nothing in the vague first paragraph of your penultimate post for me to answer because I could not discern if you were talking about the right of citizens or citizenship right.

I am not for or against biafra so my arguments are not tinged with sentiments. If Biafra becomes a reality, fine. If it does not, fine. I just want to put down certain viewpoints. Shikena.

The arguments from your side as I understand it is that once Biafra is declared, war will ensue and Biafrans will lose their status as citizens and as a consequence lose their property. And I opined and still opine that nothing is fixed. It's not black and white.

RE : DOES SECESSION OF A COUNTRY MAKE AN INDIVIDUAL LOSE HIS PERSONAL PROPERTY? That's the topic once again. For you secession equals war. But I have a different opinion: secession does not necessarily mean war. Your opinions are ruled by just one thought: war, war, war. But I look at it broadly to say there might or might be no war. South Sudan was had without a war, was it? What of Czechslovakia, montenegro and Serbia, India/Pakistan? is it only through wars that nations secede? Though I readily concede that most secessions have been trailed by war but history proves that other nations have parted ways peacefully and at this point whatever is said now are just postulations. There might or might be no war in the event of the secession of Biafra. And whether war ensues or not there will be litigation in our courts up to the supreme Court on the status of citizens and their property rights. (I have cited Ojukwu case as a precedent and buttressed the fact that we are in a democratic setting not the military that ruled after the war) The fact that Nigeria has never lost a war is besides the point. I know Nigerian military history.

You get sense. Standing ovation!!

2 Likes

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 8:14pm On Jun 10, 2017
jpphilips:



Let me advise you for free, when you are on the Internet, do not assume you are relating with your peers in an unenlightened microcosm.
I am not sure you have owned a property in Nigeria, if you have, you will know the process hence understand better how dvmb your question is.


Yet again no answers. Are you scared of a debate ?

1 Like

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 7:08pm On Jun 10, 2017
jpphilips:



I am not sure you quoted my post to make sense, if you think Nigeria can not differentiate a Chinese from an Igbo man, then you dont deserve a response.


You have no answer to the question? I will ask again? In the eyes of the law, How will foreigners be differentiated?

1 Like

Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 5:32pm On Jun 10, 2017
jpphilips:
author=Mujtahida post=57321172]



I may not understand the so called difference between asking for Biafra and denouncing Nigeria. it is a one way ticket in my opinion.






Are you implying here that kanu is not alone in his quest for secession? of course it is no longer news, the part I find amusing is that all the groups you mentioned have commenced the process on the global stage except kanu who is stuck on the radio. most mind boggling how he enlisted the support of folks who are educated.





You can't ask me to trust you when it you are selling your personal opinion, worse still, you didn't point to any verifiable fact in history that support your presumption.
After the war in 1970, with a stroke of a pen, Nigeria seized all biafran funds in the bank left them with just 20 pounds, do you think there are no courts at the time? or you think the country went stand still because of the so called litigations that ensued? Abandoned property nko?
This is what history taught me, in an event of a break up, Nigeria will get (let me borrow your words) "Punitive and Vindictive" because it is in their interest to do so, perhaps in 1970, it was convenient to take their money, today, it is convenient to take their properties, so yes Nigeria will respond in that manner, I am sure because it has happened before. So you should trust me not the other way round.






I don't reside in Lagos, where I reside, it is not a walk in the park, like you said, experience varies.

If the so called biafrans go without a proper exist strategy, they will lose in very harsh places. But I bet you they won't lose in Lagos.

The reason is simple. Lagos has grown past gutter reason and ethnic stupidity of most black Africans. Modern Lagos (infrastructure) is being built by a lot of capital inflow from foreign banks. And the owners of this inflow are much wiser and operate at a level higher than your gutter mentality (vindictive my ass) Lagos elites and leaders along side the inflow owners will create a very conducive environment to make money for them self and their kids. Now the issue is, can you differentiate between a Biafran and other foreign investors? Yes maybe, by calling all of them terrorist. How do you prove that? It's likely going to be impossible, because it's a lie.

Again what's specific law will say biafrans lose your properties and Chinese or Indians or Dutch or Americans don't lose.

So my brother don't kid yourself... Lagos will still have modern laws like any other country because money knows no brother and must be made.
Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 12:43am On Jun 10, 2017
pazienza:


Go and find out if Southern Sudan are in any bit interested in forming a new Union with the Northern Sudan, no matter how bad their present condition might be, they have a bright future, because they have freedom and so have their destiny in their hands to make or mar!

Freedom is priceless. For a person used to living in a failed British colonial estate, I don't expect you to understand that.

Oga, as it stands Igbos aren't going no where. The dynamics at play as at today is different. If Igbos go, not only will Nigeria seize to exist, it will go up in flames. My reasons are simple

1. Ijaw will have a nation. They won't share with nobody. Where will the the rest of the Niger Deltans go? Apart from say cross river and Akwa Ibom, anioma and ik we're that may join their cousins the rest will be stranded. 2 or more factions will fight for them.. WAR

2. Boko haram will overrun the NE and northern Cameroon is less than 6 months. You don't want to know what will happen to the shites. It will be Iran and Saudi play ground.

3. A plateau man and never be in the same country with the Hausa Fulani. As we speak, they don't co exist. (In other words, they can not stay in the same street)

4. Point 3 above can be said of all other sub groups in the middle belt.

5. It will very difficult for a country with this kind of structure to separate. And the world won't allow 180M black salvages ravage by crises to disturb their peace. They haven't recovered with Syria yet. They may not be able to use force to stop Nigerian was flaming up like they did in the 60s but they are other means.

6. One of such means is to have a political solution. They did it in 97/98, and if they play that card well, Nigeria can manage another 30 years

7. Another card that can be played will be restructuring. Nigeria can be restructured and grouped into more like minds. In my opinion, restructuring can prolong disintegration by another 50 years and maybe by then we hope that one world order would have washed away our stupid cave like ethnic stupidity as I would like to call it

8. So my brother, you are pawns. Pawns being used to fight extreamly hard for disintegration while the strategist and owners of the world manage it.

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Politics / Re: Does Secession From A Country Make an Individual Lose His Personal Property? by gohome: 11:57pm On Jun 09, 2017
If the so called biafrans go without a proper exist strategy, they will lose in very harsh places. But I bet you they won't lose in Lagos.

The reason is simple. Lagos has grown past gutter reason and ethnic stupidity of most black Africans. Modern Lagos (infrastructure) is being built by a lot of capital inflow from foreign banks. And the owners of this inflow are much wiser and operate at a level higher than your gutter mentality (vindictive my ass) Lagos elites and leaders along side the inflow owners will create a very conducive environment to make money for them self and their kids. Now the issue is, can you differentiate between a Biafran and other foreign investors? Yes maybe, by calling all of them terrorist. How do you prove that? It's likely going to be impossible, because it's a lie.

Again what's specific law will say biafrans lose your properties and Chinese or Indians or Dutch or Americans don't lose.

So my brother don't kid yourself... Lagos will still have modern laws like any other country because money knows no brother and must be made.




Are you implying here that kanu is not alone in his quest for secession? of course it is no longer news, the part I find amusing is that all the groups you mentioned have commenced the process on the global stage except kanu who is stuck on the radio. most mind boggling how he enlisted the support of folks who are educated.





You can't ask me to trust you when it you are selling your personal opinion, worse still, you didn't point to any verifiable fact in history that support your presumption.
After the war in 1970, with a stroke of a pen, Nigeria seized all biafran funds in the bank left them with just 20 pounds, do you think there are no courts at the time? or you think the country went stand still because of the so called litigations that ensued? Abandoned property nko?
This is what history taught me, in an event of a break up, Nigeria will get (let me borrow your words) "Punitive and Vindictive" because it is in their interest to do so, perhaps in 1970, it was convenient to take their money, today, it is convenient to take their properties, so yes Nigeria will respond in that manner, I am sure because it has happened before. So you should trust me not the other way round.






I don't reside in Lagos, where I reside, it is not a walk in the park, like you said, experience varies.[/quote]

2 Likes 1 Share

Family / The Unglamorous Life Of Working Parents by gohome: 5:56am On Apr 22, 2017
You make it seem all glamorous.

It being “working motherhood”. I was chatting with one of my friends and we were discussing my prayer intentions. I admitted being overwhelmed by my life and asking for God’s help with work-life balance. And she said, “You make it seem all glamorous but I’m sure it has its iffy spots.”

“Iffy spots”? Understatement.

Parenting. Drool. Dirty, drooping diapers. Reading said diaper contents like they’re tea leaves, foretelling your child’s health. Why so orange? Right, he ate carrots last night. What’s that?? Is that an almond? Oh, Lord. Half-eaten bowls of oatmeal on the kitchen counter. Torn classics because the kid likes my books better than his. Nonsensical nursery rhymes I’d never heard before 2016. Daddy finger, daddy finger, where are you? Toddlers that tumble off beds. A subscription to Baby Centre. Hospital emergency room at 6 am on Saturday morning because the child ran an overnight fever so severe he glowed bright red. Motherhood. Forgetting your laptop at home but arriving work with your milk pump bag. Because…priorities.

Work. My mentor says to do what I must now, so I can do what I want later. And it is hard. It is excel sheets and Powerpoint slides and endless meetings. It is open-cubicle offices and your neighbour eating fried fish in his cubicle. It’s passive-aggressiveness, it’s conflict, it’s competition, it’s conflicting feedback. It’s a workload that overwhelms you with its mind-numbingness. It’s struggling to find your passion in all of it, in fighting to remember the graduate trainee you were with your naiveté, and your confidence, and your unshakeable optimism.

Life. It is making decisions on restaurants to go to based on child-friendliness. Do they have high chairs? Do they have changing tables in the restroom? It is cajoling younger siblings and cousins to babysit the kid for one hour, two hours, a week, so you can attend that concert, see that movie, have that “adults-only” dinner with your mates. It is going through old vacation pictures and reminiscing. Exactly how/when am I ever going to go to Rome again and wander for 6 hours in the Vatican museum? Will I ever go on that girls’ only vacation with my university friends? Will our lives, so busy these days, ever synchronize again?

But would I do it again? Yes. Because I believe in Life teaching lessons and if it isn’t hard, then I am not learning. And I believe in myself and that I will eventually figure out everything that makes me restless and stressed. And recognizing that I (and others) have underestimated/misunderstood me many times before. This too shall pass.

But most importantly, I would do it again because of love. And it is a lot of sacrifices we have to make when we marry, and have families, so I would only advise this. Don’t make that commitment to someone you don’t love. Love is what makes it all worth it. Love is why you can be happy even when you’re thinking, “Gosh, I’m bungling this parenting thing. This kid has eaten rice three times in a row.” Love is the “glamour”, the sheen on the whole thing, the laughter, the smiles.

But till love and little humans come your way with their demands on your time, enjoy your glamorous, gloriously uncomplicated life.


http://www.eurekanaija.com/working-parents/

2 Likes

Jobs/Vacancies / Re: Strictly For Those Interested In Teaching Jobs by gohome: 8:41pm On Apr 08, 2017
fiestajoe:


Good day, pls I need a job badly, can u assists me for the role of a front desk officer? will appreciate it if u can kindly help. Thanks

can you use a computer? Send your CV to technical@booktu.org

1 Like

Jobs/Vacancies / Re: Strictly For Those Interested In Teaching Jobs by gohome: 8:40pm On Apr 08, 2017
MrBUN:
Hello friends, I have M.Sc in Chemistry and have picked form for P. hD. Please I need a job of an Assistant lecturer. I have five publications and three are impress. Am in Abia State. Thanks

can you work in Lagos? Send your CV to technical@booktu.org
Jobs/Vacancies / Re: Strictly For Those Interested In Teaching Jobs by gohome: 8:38pm On Apr 08, 2017
olasaad:
Please Nairalander I need a teaching job in Lagos or Ilorin. I am a B.ed graduate of Guidance and Counselling education.

I can work anywhere in Ilorin but my Lagos address is around Ajah down to other parts of Ibeju/lekki.

can you teach history and arts. Job is at VI. Send your CV to technical@booktu.org

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