Grandstar's Posts
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Racoon:What leadership or elites are benefiting from it? The overwhelming majority are pretified of them and hate they with passion. The insurgency only affects 3 states and these are Bornu, Yobe and Adamawa. So, which Northern elites? It is like saying that Southern elites benefit from the militancy in the Niger Delta. So, the 1.7m IDP's in Bornu alone are benefitting greatly from Boko Haram and ISWAP insurgency? They are enjoying the bliss that they can't harvest their crops withouy the fear of being killed? When one is totaly prejudiced, sound reasoning flees. |
SundiKeita:Again, you are going the advanced route, and overtly technical. Whether the currency it is pegged to rises or falls, it is still a peg. The Naira was like $1- N200 in 2015. Buhari upon assuming office pegged it at around 199. It did not hold as the CBN did not have enough forex to defend it. At a time, it hit 550 by 2017 at the balck market but around 199 officially. It is now 1,500. The CFA has had the same rate since 1994. Your primary angst is your hatred for France. Unfortunately for you, France did not stop them from growing. The Ivory Coast grew very fast in the 1960s and 1970s. For the last decade its economy has been growing about 7% annually. France did not frustrate their development. Yes, I won't deny they have flaws but as you can see from the case of Ivory Coast, the fault can't be laid at their door. It is the economic policies that will determine whether your economy does well or not. It is not the fault of France that it takes about260 days to register a new company in Guinea Bissau. It is not their fault that you need to pay a worker in formal employment 3 years salary in advance for them to be laid of in Burkina Daso. That is why it is only the government sector is practically the employer of all those working in the formal sector. Many of these countries have copied the French style economy which is too statist and with too much red tape. In many of these countries, they have 3 hours work break. For countries that need neckbraking speed to pull their economy out of poverty, this is simply crazy. In China, most of the manufactured products are made in factories that practice 9-9-6 which is 9am - 9pm, and 6 days a week. This is a country where the per capita income is already over $10,000. I don't support the Chinese hours, but it a strong signal to these Francophone countries that they need to do more. I even just checked some CFA countries and they aren't doing too badly. I checked Benin Republic, Togo, Senegal and Chad. Benin and Senegal were really pulling their weight. |
nairalanda1:I noticed you have recently developed a strong dislike for Tinubu. I am apolitical. I know I replied this post but I missed out something. The embolden in your post is worrisome. The floated Naira is quite weak. This naturally discourages importation and encourages exportation. Non-oil exports are growing by about 20% annually. In less than a decade, it should overtake crude oil exports. The weak Naira has led to thye massive buildup of the foreign reserves. There's nothing wrong with imports. It is a massive driver of economic growth. If you think I'm lying, let the government remove all tariffs on imports and fully open the borders and you will feel the economy moved under your feet. Imports have never been the problem. The problem was the overdependence on crude oil for a bulk of foreign exchange and government revenue. Hence, anytime oil prices tanked, it hit the Naira hard and also the government's finances as well. |
Konquest:Thanks for this info. |
Never ever sleep with a married woman |
Where Nairaland's so-called "international affiars experts" when needed? These supported kicking out the French forces and their replacement with the Russian army. Now we have this calamity. Macron was stupefied at the expulsioned- a rich nation like France has sent its troops to protect you and you boot them out? They weren't charging a dime. Wars are ruinously expensive. You now substitute them with Russians because Putin claims to be your friend, only doing so for the purpose of getting allies, now that his Russia has achieved pariah status globally due to his invasion of Ukraine. Now, Russia is broke, and I won't be surprised if those boys in Mali haven't been paid. |
SundiKeita:I still stand by what I said. When your currency is pegged, it is pegged to a certain currency. The CFA has been pegged to the same currency at the same rate since 1994. Are you blaming the French for the poverty in Benin republic? I am not saying the French are angels but blaming them singularly for the malaise of CFA countries is just wonderful. |
They blame the Devil when they get caught. That is, when they get caught. They aren't remorseful. |
nairalanda1:I do not agree with a lot of what you said. All the schools will become dilapidated because government spending on education as a whole is negligible Mass qualitative education is very expensive. This is worsened by the fact that the government has failed to do anything about population growth rate which just swells the number of kids to be educated. Half of Nigerians are 19 years and below. The government needs to find a cost effective alternative for the North to entice millions to go to school. Even if it is the Almajiris, that would be a huge plus. Education does not need to be expensive. Many private schools pay their teachers peanut, but still give good results. During Lateef Jakande's governorship from 1979-1983, he introduced mass free education. He built lots of cheap school everywhere. They were not impressive structures and someone likened them to "glorified poultry sheds." But the quality of education was good. The governor even sent his child there. I had a neighbour who sent his children there. Today, they are all graduates. In my hometown, just beside my family home, there was this storey building with an uncompleted upper floor. The walls weren't even painted. Someone ran a private school on the upper floor and provided very good education. The students could speak good English. I am from Ondo Town. For Almajiris to come to school, feeding must be provided for them, twice a day. This has been shown to work wonders. Some food could also be given to their Islamic teachers. The food does not need to be expensive. 3 big buns in the morning for instance. They could even be given garri or pap in the afternoon. Feeding isn't the goal. Education is. I would love a system where private school operators are given money to set up and run schools. In the US, you have charter schools and school vouchers. These innovative systems has had great results in badly run public schools. As always, the big problem in Nigeria is extreme corruption which would frustrate any reform unless checkmated. You need an extremely passionate person at the helm, like a Dora Akinyuli or a Buba Marwa. 2. It's amusing seeing the GEJ supporters saying northerners don't want to go to school because hate. The real reason why northerners don't like school is the same reason why southerners say school is scam. The reason core Northerners don't believe in Western Education is because they feel Islamic education is more beneficial and the Western corrupting. In addition, they believe they can progress in life with the Islamic education. There's also zero stigma in the North if you're illiterate. The lack of a stigma is probably the biggest reason. You might even be stigmatized going to a proper school. However, the promise of free food will get many knocking at the gates. Also, the quality of education given by their public schools in the North are a disgrace. Their politicians there are failing in this area big time. And why tinubu is a bad leader Tinubu can't be blamed on the bad education system he inherited. When your economy is not based on manufacturing, job creation is going to be scanty. As such , jobs are so limited that it takes corruption to get a government job and as for private sector jobs , even well qualified people struggle. Yes, manufacturing can create lots of jobs. However, in a free market, it is best you allow the market to pick winners. Manufacturing jobs won't fall from the sky. 24 hour power supply would help big time here but enacting cost reflective billings on all 5 Bands today might kill his chances of a re-election. The next set of painful but necessary reforms will be postponed to a second term, that is, if he wins. For the country to create enough jobs to employ those entering the labor force annually, it would need to grow by 7% annually. Any growth above that like 8 -10% would start soaking up the massive pool of the unemployed and underemployed. The unemployment rate is about 33%, a legacy of the Buhari years. In 2015 when Buhari took office, it was about 8.5%. Shekau didn't start preaching by saying america and Israel and christians are evil. He started preaching by pointing to the fact that a good ordinary northern guy could not get a job unless corruption. If this is true, it is enlightening. The civil service isn't there to provide jobs. That is the job of the private sector. However, this demonstrates the need for government to formulate policies that would create jobs. I feel skill acquisition should be the way to go for now. Provide training for like 15,000 young ones from each state every year to acquire skills. Provide them with money to set up. If the training is good, even without money to set up, they can do well for themselves. Hand work pays in Nigeria. Some can even travel to North Africa or the Gulf to get work. |
owobokiri:The CFA has not been devalued since 1994. Have that in mind when you scream "French Imperialsim" |
It just shows that militancy PAYS! I doubt he has as much kishi as his fellow militant Government Tompolo, who has a security contract with the federal government. |
AlphaTaikun:Thanks! |
MrNovo:Thanks. |
I want to list some of the domains I have on Atom on other marketplaces. Can someone send me their terms and conditions for doing so? I have forgotten where to find it. One of the domain names is a premium. I don't want to go against the terms and conditions. |
damilton:We used to accept and give blood transfusions in the past, but by careful study of the scriptures, we changed. It is an issue of faith above all else. We Witnesses are very law abiding, During Covid, our members were urged, not coerced as it a personal choice, to get vaccinated. All those working full time for the organisation (about 22,000 worldwide) had to get vaccinated or leave. Unlike most religious organizations, we refused to start in person meeting at either our Kingdom Halls or Assembly Halls. We even stopped house to house witnesseing. Many non-Witnesses took notice, and it got televised. Why? Because we wanted to protect out members and those of the public. We are very health conscious. This can be contrasted with many "Born Again" Christians and Pentecostals, who refused to get vaccinated, some calling it the "Mark of the Beast" Many died, including then president of Tanzania. |
SpencerForbes:It's all in your head I love the name "Sandra." |
There's a lot of ignorance here. How are the Saraki's Fulani? Yes, the founder of the family was a Fulani man from Mali who married a Yoruba woman from Iseyin. The Sarakis have been totally Yorubanized that in the North, there are chuckles when Bukola Saraki tries to claim Fulani. I won't be surprised if many of these so called Fulani listed are Hausanized. Many can't speak their native Fulfude. They can only speak Hausa. Even in Lagos, I won't be surprised if an Egun man (Lagos state has two ethnic groups) becomes the governor one day as many have been Yorubanized, many bearing Yoruba names. |
datola:Soyinka is a wordsmith, while Chinua Achebe is a master storyteller |
Yes, we accept no transfusion treatments. Some doctors said that should be the standard. Many patients who aren't Jehovah's Witnesses prefer they be treated without a transfusion of blood. |
MrNovo:I do not know but they should. At the end of the day, it is still a transfer, just this time, to a corporate account. |
I forsee a pardon in future or he might just be placed under house arrest. His toxic statements would have led to massive bloodshed if had not been caught. IPOB and violence can not be divorced. |
I asked Google if a company makes 10m profit in 2026, how much tax would I pay, and it gave me the response below: Under the new Nigerian tax laws effective from 2026, a company with a profit of ₦10 million will be considered a small business and will not pay any Companies Income Tax (CIT). Tax Calculation For the 2026 year of assessment, your company's tax obligations will be as follows: Companies Income Tax (CIT): ₦0 Small companies are defined as those with an annual gross turnover of ₦100 million or less and total fixed assets not exceeding ₦250 million. Since your revenue falls well below the ₦100 million turnover threshold, your company is exempt from paying CIT. Development Levy: ₦0 Small companies are also exempt from the new 4% Development Levy on assessable profits. SUMMARY The simple interpretation is that if we use a limited liability company and the turnover is less than N100M, there is no tax to be paid. There's no company tax or withholding tax of 10% on dividends. So, what should you do? Go and register a limited liability company and let the revenue from domain sales pass through it. If you make less than 100m a year in revenue, you will pay zero tax. However, if you choose to use your personal bank account, the revenue would be treated as a personal income and you would pay personal income tax. You're eligible to pay tax once your personal income is 800k or more a year. Therefore, It now time to divide your business from your person. Register a limited liability company today, and with both corporate accounts and corporate dormicillary bank accounts for it.. It must be a limited liability company. A Business Name company will be treated as your person. |
She did not refuse blood transfusion because she would be disfellowshipped as some have pointed. It was her own resolve. She might have said that if true, to shift responsibility. She could take the transfusion discreetly. She could even damn the consequences if discovered. Even if disfellowshipped, at a point, she would be reinstated. It was her personal decision. You can read the article here to understand why we do not take blood transfusion: https://www.jw.org/en/jehovahs-witnesses/faq/jehovahs-witnesses-why-no-blood-transfusions/ Another article: https://www.jw.org/en/bible-teachings/questions/bible-about-blood-transfusion/ |
I am surprised he still alive and kicking. |
"The shrewd one has seen the calamity and proceeds to conceal himself while the naive and inexperience pass along and suffer the penalty" Proverbs 27:12 |
I have said it before, Semi Badenoch will one day be the British prime minister. The probability is 90% |
advanceDNA:I doubt a 19 year old would be that smart, especially since her own mother was not in support of the relationship but could do nothing about it. |
i wish I had the utmost confidence in these security outfit. Fantastical corruption may prevent it from reaching its true potential. If bribed, will they turn and look the other way. Don't be surprised one day, the illegal militias say they got their weapons from this same security agency. |
Felabrity:He may to a good extent be saying the truth but the purpose of going public is to make Regina jealous and pained. You know women! It is a jab at Regina. |
He is going public with this to make Regina jealous! The thing go pain Regina wella! She was treating him as an old man, one that is spent. |
Fela was to die 14 years later while Achebe died 31 years later. One was probably Africa's greatest afro-jazzist while the other was a master storyteller. |
What a generous dude Burna Bioy is! Isn't he so sweet? He also wants to invite the grieving woman who he kicked out of his concert for daring to sleep (that one na lie). Burna dey use PR to temper the anger of the public for his egotistic, mean and inexcusable action to the concert goer. I hope he learns his lesson. |
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