₦airaland Forum

Seun, I think APC Post like bots are at work again.

Some shallow comment, 300 likes!

Ikaeniyan0:
Tinubu is right

The Nigerian president argued his academic records should not be released because they fell under a 1974 privacy law for American students.

Tinubu is protected by the 1974 privacy law for students who schooled in the USA.

Chicago state university confirmed the president of Nigeria attended and graduated with distinction and he also presented his BSc to INEC as his highest qualification while obi presented his GCE result as his highest qualification.

Your moniker says it all IkaEniyan-Wicked soul.

grandstar:
I very much doubt Tinubu's election will be overturned.

The primary reason is that the fall out of such a ruling would cause so much damage to the nation.

In addition, nobody holy pass. Atiku and Peter Obi have skeletons in their cupboards. Atiku is a wanted man in the USA. Peter Obi has the Pandora leak to contend with.

I won't be surprised if the Naira touches 1,200 within 2 weeks of such an announcement. There'll just oo much panic and insecurity.

Many people in Nigeria are quite shallow in thought.

One would think your reason for the Judiciary not upturning the Tinubu declaration as winner is based some fact or something like that. But to say the consequences of upturning it would destroy Nigeria is absurd.

So leaving a person who didn't lawfully win an election as president won't destroy a country.

So having a former? drug dealer as president won't destroy a country?

So having a document forger as president won't destroy a country?

SMH

felong:
Flogging a human being is wrong. What if the child dies.

I am sure you are looking for 'Quotes'.

Were dey start small small.

fergie001:
Twitter and cruise...... There is something we call context. Osun had no issue with two-thirds or 25%.

In the history of our democracy, we have only had this situation in the Awo v Shagari time.

At the time, we had 19 States with Shagari winning 12. Awo argued that two-thirds of 19 is not 12, but should be 13.

The SC affirmed Shagari in a 6-1 verdict. The only dissent was Justice Kayode Eso (of Blessed memory)

The question you should be asking yourself is: Why was the Shagari government so shortlived after that judgement?

EleventhWeirdo:
You should be more concerned that there are no middle class in your region. 15% rich and 85% are nwa boys and village peasants. No City but town which is a a case of 100 mud huts to one mansion. It's such an eyesore! Ogun IGR alone will surpass those of Ebonyi, Abia, Imo, and Enugu put together

Too many children on nairaland.

Sweetrosie:
Court wall collapsed on the chief judge?? In ekiti state? Was the court house built with muds?



Chai, I thought this people only build with dried and dusty brown roofs...I didn't know they also involve mud in this 21st century??

Too many children on nairaland.

Place holder president and place holder ministers.

Why is this report looking like Tinubu and Obi in my mind?

Last last, the real highest scorer will be celebrated.

Obi is coming...

grandstar:
It is a bare faced lie that transport costs have tripled. In some cases in Lagos, it remained the same. Where there were increases, it ranged from 33% to 100% if it was mass public transport like mini-buses to huge buses like the Lag buses.

This man has the Peter Obi trait of inaccurate data.

Yes, the subsidy removal has been painful, but truth the truth be said, it was necessary.

It was no longer affordable in the first place. This year, government was expected to use 73.5% of government revenue to service debt. Money for fuel subsidy would be borrowed, swelling the debt and the servicing cost further. For Buhari, a known leftist, welfarist and populist to sign the Petroleum Industry Act into law which formally endorsed the subsidy removal speaks volumes. He was also a well known subsidy denialist.

The savings already gained are substantial. It was estimated the amount saved from the fuel subsidy in a month was 400bn. With the Naira now floated, the savings would be more. This money saved now will be split 50/50 between the federal and state governments (we all know that the governors control the local governments allocations).

However, the greatest benefit from the subsidy removal would be that it will lead to a refinery construction boom. Investors were pushed away from constructing refineries because of the subsidies. No bank would lend you $2b to build a 100,000bpd refinery when the end product is subsidized making it unprofitable and unpredictable.

Dangote and Bua were able to borrow funds because they had collateral from their extremely profitable cement businesses to use as collateral.

A refinery boom would create lots of job. It is estimated that Dangote alone would create about 50,000 jobs. The beauty of these jobs will be that they would be high paying jobs with full benefits. They would need at least 8,000 engineers. What of the multiplier effects? This also would be huge.

His is a 650,000bpd refinery. With a plan by 2030 for the nation to have 2mbpd refining capacity by Tinubu, this would create 2-300,000 jobs.

Are you for Real??

The same nonsense APC-Buhari said about building a refinery a year is the same rubbish you are mouthing about Tinubu!!! 2mbpd Refineries 😀😀😀😀😀

Tinubu's 'removal of subsidy' is supporting a deeply corrupt narrative: That the so-called subsidy had been about #300 which is most likely FALSE.

WHO knows whether if it was Peter Obi who wanted to remove any subsidy the prices would be #320 or even less?

BAT is deeply elitist and cares not for the majority. Isn't this the obvious reason he lost Lagos state in the Election? Lagosian know him!

If you don't like Peter Obi he should just say so. He only succeeded in making hifalutin (using big grammar) statements that are more or less meaningless to paint Obi black.

How did he deodorize wickedness in high places?

Big grammar, point off-mark.

Mjshexy:
We warned them, it's well

Don't worry.
BAT na temporary president.

AHCB:
Warned who exactly? So if your Peter Obi was president Nigeria would become like the US and UK. Tssk.

Tinubu didn't win the election. He will be kicked out.

Alexbio:
Shut up there. He made sense there.
I supported BAT but I have reappraised and wish he is stripped off of the mandate.
Only idiots will think BAT is stepping on toes for the sake of Nigerians with all these his ab initio policies. Walahi!
This just a RENEWED SYSTEM OF CURRUPTION. very unfortunate!

Obidients have gained a 'convert'.

nwoke37:
Key Facts:
1. Nigeria spent over 81.39 billion dollars or roughly 16.6 trillion naira on subsidy
2. 85 million Nigerians don't have access to the electricity grid-- is the money well spent?
3. Benin is enjoying cheap PMS because na we dash them
4. The fuel subsidy regime accelerated fuel scarcity and long queues because it simply didn't allow fuel stations to be profitable
5. NNPC importation monopoly has ended

Watch below:


https://www.youtube.com/watch?v=Jm7w9oKRhyM&t=59s&ab_channel=EducatedAfrican

You know this silly proganda is expired, don't you?

Racoon:
Shege promax mode activated. Is this the immediate thing needed in this nation bleeding under the humongous debt burden the immediate disastrous Buhari-led APC govt bequeathed?

Nigerians were warned but nay, a baba wey no well with the worst criminal baggages surrounding his entire life was preferred and rigged in. Now reality is dawning.

After all the effizy of swift replacement of political positions, their true intentions are still unfolding. A government of super looter criminals is on board. Enjoy the ride people.

Nigerians were warned and they listened and didn't vote for Tinubu.
He didn't win the election.

When will that sink in?

chuksanambra:
LP Lawyer: INEC denied us documents.

APC Lawyer: How did you get the documents you are rendering?

LP Lawyer: From INEC

Don't talk unintelligently.

If I pay for 30 things and you give me 15 things out of the 30 I paid for, and I made a complaint that you have not given all I paid for.
Is it a reasonable question to ask that since you have given me 15, you have no obligation to me anymore?

Ask yourself.

nairalanda1:
Maybe. But at the end, it is still early days. Let's see what happens when

1,More importers come in
2.Domestic refining picks up again.

As it happened to cement Abi?

Dey play, just dey play.

nairalanda1:
If they kept the subsidy...we would have eventually run out of money...and IMF would have refused to borrow us money anymore.

Then true suffering would start.

You still don't get it!

Most of the so called subsidy is a huge SCAM.

The high price of PMS is just to make us suffer and they feed fat. Don't let them confuse you.

The 2 options available are NOT: #500 OR subsidy.

There is another option of less than #500 without payment of subsidy.

Cement has nearly doubled in price in the last two months, rising from N2500 to N4500 for the standard 50kg bag. We knew it was coming the moment Federal Government panicked and loosened the foreign exchange knot on which it was choking itself.

There are two major cement producers in Nigeria, Dangote Cement, largely owned by Aliko Dangote and BUA Group owned by Abdul Samad Rabiu. Both of them are Fulani business moguls from Kano State one from the Isyaku Rabiu family and the other maternally related to the Dantata family.

Dangote controls 65% of the market for cement in Nigeria. It also has 41% of Cameroun and 13% of Ghana.

Cement is a product of no particular significance in any other country in the world except Nigeria. Cement companies all over the world return profits of no more than 5% annually. Not in Nigeria. Profits from cement production in Nigeria by the two oligarchs scale 40% annually.

Cement assumes an oversized importance in Nigeria because two Northern oligarchs have seized its production and distribution. The Monopoly enjoyed by these two oligarchs mean that everyone is forced to pay outlandish prices not related to the true value of the products and not comparable to the lower prices paid for it in the rest of the world.

All of us are forced to pay outrageous prices to sustain the myth of Dangote being the richest man in Africa. Yet no one has told us the benefit of having the richest man in Africa from Nigeria.

So while Governments all over the world are enforcing and litigating antitrust laws to break monopolies, the Government of Nigeria is forcing a monopoly on the people in other to make Dangote the richest man in Africa.

Dangote is not rich because of his business acumen or what he produces but because he is a favoured client allowed to poach the finances of the people and Government of Nigeria.

No international rating agency rates him or his companies better than many others, either in management or entrepreneurial accomplishments. Dangote is rich because he remains a favoured patron of successive Nigerian Governments dominated by Fulani and as a payback, his businesses are highly leveraged, patronized and protected by Government.

The man is not a business champion and is thus not the richest man in Africa for producing pasta and cement, even as all his products are overpriced. He twists the arms of the Federal Government to sustain a regime of high prices in the products where he enjoys monopolies like cement. He has made no innovations in anything and does not advance society with any new technology.

Dangote has built his wealth from two sources of power in Nigeria: the control of the Federal Government by his ethnic Fulani and control of the foreign exchange “allocations” by the same Federal Government through control of the Central Bank. To take further advantage of both, he deploys these powers to kill every competition, force the enactment of self-serving Government policies and laws and create new ones where there are none.

The Fulani themselves are enthralled by the fact of the richest man in Africa being Fulani and will deploy all powers of the Federal Government to protect him and his businesses. When the Southern borders were closed for example, Government specifically issued an exception to Dangote trucks.

Aliko Dangote benefits as an entrenched member of the Fulani oligarchy since early in the eighties. He was groomed by the Dantata family in the late seventies at WAPA, Kano and early in his business career, was a protégé of the Dantata’s. He has therefore been lucratively located in the business flank of the oligarchy and never directly competes to hold political power. He was self effacing early on, offering no threat to politicians and so was ignored in the contests for political power in Nigeria.

But Aliko Dangote, been a keen eyed businessman and knowing that his business success is tied inexorably to building the right political alliances, has immersed himself so deep in the power dynamics and has over the decades gathered enormous power and influence that no one can ignore him anymore in the political power calculations in Nigeria.

The moniker of “businnessman” on Aliko Dangote is deceptive and deflective, removing him from direct responsibility for some of the more damaging policies and practices of Government originating from him, even as he is the main and direct beneficiary of such destructive policies.

For instance, the Federal Government policy of import licensing by the Shagari and later Buhari Governments in the early eighties made Aliko Dangote the major importer of most basic commodities like salt, sugar, rice, cement etc. Import licenses were issued exclusively to him and fellow Northerners, many of whom were not business persons.

These other beneficiaries promptly sold their licenses to Aliko Dangote. The then Minister of Commerce in the Government of General Buhari in 1984 Mahmoud Tukur was so bigoted that he would announce in his office that import licenses were meant for northerners to catch up with Southern businessmen. This skewed practice eventually made Dangote achieve an unheard of monopoly in the importation of major commodities in a rapidly expanding Nigerian consumer market.


Everyone else in the business of importing commodities into Nigeria, particularly the Igbo were forced into smuggling as they could not be “qualified” for import license.

Many fell prey to the draconian laws enacted by Buhari in 1984 like 200% import duty on vehicle imports. Goods ordered by Southern business men before the coming of the Buhari regime were seized at the ports because no one could pay the new import duties.

These seized goods were promptly auctioned off unabashedly to northerners. A young Igbo friend whose containers were seized sold off everything else he owned and migrated to Brazil, cursing on his way that this country will never have peace and Justice.

So many lost their goods and businesses and others suffered seizures and blockade of their imports. Aliko Dangote thereafter became the champion of Apapa and Tin Can island ports in Lagos.

For many decades, Dangote held the exclusive authority to import sugar, salt, rice and many other commodities into the starving Nigerian market. It was foolhardy for any merchant ship with these imports to enter the Nigerian waters or to try to berth at the Nigerian ports.

Many business men were destroyed by officialdom who tried to compete with Dangote in his chosen areas of business. Dangote himself does not believe that he is subject to or should obey laws that negatively affect his dominance.

One popular example was Cletus Ibeto producer of Ibeto cement. Ibeto was forced out of the cement business by Aliko Dangote who quoted policies and laws not known by anybody else and it was only the later kindness and insistence of President Yar’adua that temporarily restored him. President Yar’adua died and Ibeto cement had to flee.

Since we are a nation ruled by men, not by laws, Aliko Dangote has thrived in Nigeria by making himself an exception to every law and every rule. He lives and does his business above every financial and monetary regulation imposed by any Government in Nigeria.

Aliko DANGOTE does not believe in business competition and thrives by using the Federal Government power and policies to destroy every possible competitor. He has always been supported by northern controlled Governments in this effort.

Dangote has thrived not through holding any patent on scientific discoveries or creating new products, not through creating or improving processes, not through new or improved technologies but through protected trading environment created and sustained for his ascendancy.

Another area of bitterness by other businesses is Dangote’s overwhelming dominance and control of the foreign exchange market. There are strong rumours and loud whispers of Dangote’s purchase of foreign currencies “Sub Rosa” and at below declared prices.

Every businessman finds ways to beat the competition, sometimes deploying underhand ways but it remains the duty of the state to protect and preserve the competitive business environment. Competition inspires innovation, creativity and brings about lower costs and better products and services. Competition inspires progress for the economy and society.

Dangote’s predatory business practices have been unrestrained and sometimes overwhelms Government itself.

In the pursuit of creating and sustaining a northern business champion, Dangote has been allowed to take hold and dominate Nigeria while gas lighting competition. He has been allowed again and again to seize the Nigerian economic jugular without competition or countervailing protective policies.

The agenda has been for the North to pull every stop to produce a northern business champion without the rigour of beating the competitive environment.

Faced with international competition, the Dangote model will fall as it is not undergirded by the power of a winning idea, by the toughened knowledge and experience ofgoing through a competitive environment.

Gold must pass through fire to win the love and admiration of men.

Until he goes through the crucible, Aliko Dangote cannot be a champion of business in Nigeria or anywhere else. He is a creation of privilege, a caricature of progress and never the real deal. He has created nothing new or unique to the world. Put in a truly competitive environment, the Dangote bubble will burst.

For now, he can sell his cement for any price he wants. Someday, Nigeria will find new ways of building houses without cement. @basilokoh.

https://www.theheritagetimes.com/aliko-dangote-and-cement-monopoly-in-nigeria/

iammo:
INEC and INEC alone has certified true copy signed by Registered party with Party Agent at the polling unit

Do you understand what you have written?

Obi is coming...

Jman06:
Most women become unattractive once married. That's why married men cheat.

Imagine seeing one hippopotamus with oversized grandma panties everyday. The man is bound to lose interest in her. If not for children and what the society would say, most married men would chase their wives away after few years of marriage.

This statement right here is ungodly. Women, don't believe this!

While it is good to keep in shape, it is commitment and discipline to for any man to be faithful to you dear lady. Don't fall for this sh*t. It is just an excuse for cheating.

Don't you hear of beautiful and curvy figure 8 women whose husband cheat on them with househelps?

I have been married for 8years. I have never cheated because I fear the Lord. Fine girls dey everywhere. But you look at the wife you made a covenant to be with, and tell yourself, 'she is fine'.

Na d way be that o.

E go Choke ooo for election riggers.

GeneralPula:
A member of Lp is telling you reality and you’re here flipping. You can’t understand politics more than a politician..

You’ll still hear more, no worries..

🌽 CORNfused man.

GeneralPula:
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
Obi self! You just dey collect money dey go

I heard most of those online polls & most of those endorsement were sponsored just to seal his believe to contest


Tinubu nah politics no worry..

Cheap reverse psychology.
Only the gullible fall for it.

[b][/b]

Joey4321:
The emergence of Apapa shows that Nigerias case is an extremely difficult one.

For the sake of your sanity and that of your children. Leave the country for these clowns

Someone said AI May soon develop awareness.

I laugh. No be only awareness, na emotional intelligence.

AI cannot create anything! They can only combine and use data in a way that it has been programmed to do. Even the so called Deep Learning cannot see beyond the complexity of its programmers.

E get why God create man last.