Do you know how many billions of dollars don go inside this so called rehabilitation of refinery since Jonathan, Buhari era?... some cabals dey behind the running of this entity call Nigeria wey me and you dey so... the only way for this country na revolution and we are not even ready yet...
Razorman: Honestly, Nigerians are easily manipulated. I know it is easy because of Tribalism, ethnicism and religion. Apart from Calabar - Lagos highway that won't be concluded, the other highways are audio. I don't care whatever Tinubu's supporters will say. I know the govt wants to justify the reason for subsidy removal. Why not invest the subsidy money in constructing more oil exploration companies, rehabilitate the abandoned oil companies. With this, oil would be cheap, employment opportunities and reduced crimes. Will superhighway and coastal highway reduce transportation fares? Will it reduces cost of goods in the market?
To be logical.. you think sey e easy to invest such huge amount ontop car?... investment wey no dey certain wether u go get turnover even up to a year. And other factors like the way dollar dey fluctuate..the car fit catch fire sef burn down to scrap.. accidents wey fit cause car wreck etc..
If you invest 20m for money market, u no know how much the turnover in a year? 18-20% on 20m for a year calculate am
AccidentedCars: I need you to think about something for a minute.
Your car dealer drives a better car than you.
He lives in a better house than you.
His children are in better schools than your children.
And his ENTIRE business model is built on one simple advantage: he knows what the car costs and you don't.
That's it. That's the whole edge.
Not superior business acumen. Not some complicated supply chain. Not years of MBA training.
He goes to Copart. He bids on a car for $3,500-$5,000. He ships it for $1,400-$1,800. He clears it for ₦2.5-₦3.5 million.
Then he parks it in a lot - sometimes it's not even a formal lot, just a fenced piece of land with "AUTOS" painted on the wall - and waits for you.
You show up. He tells you ₦17.5 million.
You negotiate him down to ₦16.8 million and feel like you WON.
He goes home and counts ₦5-6 million in profit on a single unit.
Let me show you the math on five of the most popular Tokunbo cars in Nigeria right now. June 2026 numbers.
Dealer profit: approximately ₦5,000,000 - ₦9,000,000
CAR 5: 2015 Toyota Corolla LE
Copart bid: 2,800 Total USD: $4,850 Naira conversion at ₦1,408/: ₦6,828,800 Customs + clearing: ₦2,500,000 Repairs: ₦150,000 Landed cost: ₦9,478,800
Dealer price: ₦13,500,000 - ₦15,000,000
Dealer profit: approximately ₦4,000,000 - ₦5,500,000
Look at those numbers.
Across all five cars, the dealer is making ₦4 million to ₦9 million PER UNIT.
If he moves 3 cars per month - which is LOW for an active dealer - that's ₦12 million to ₦27 million in monthly gross profit.
And you're the one funding it.
Every time you pay ₦18 million for a car that cost ₦12 million to land, you are VOLUNTARILY donating ₦6 million to a man whose only advantage over you is INFORMATION.
Not skill. Not talent. Not hard work.
Information.
I decided in 2021 that I would never donate that money again.
I've imported 8 cars since then. Total saved: ₦41.6 million.
And I documented EVERYTHING - the registration process, the bidding formula, the damage filter, the shipping logistics, the customs clearing, the tested clearing agents - in one system.
Rapmoney: An ATM fraudster who has been defrauding members of the public for sometime was apprehended in Benin-City, Edo State yesterday. He was thoroughly beaten by members of the community and was asked to dance and twerk while a DJ played popular Nigerian songs for him.
When I finished my first degree e dey obvious sey u still dey junior secondary school not to talk of my second degree. To sabi Book na by grammar or vocabulary?... ask wole Soyinka how many times him fail English for waec?
Breaker001: Exactly what I thought of you; still depending on your parents to eat in a day. I have told you before that you are too young to understand what is discussed on this platform. Go get an education; at least, a degree certificate and you will begin to get a little understanding of what life holds. Hungry boy Angry boy 😎
Go sit down one place na only for good news storyline fit twist but for bad news e nor dey twist... na naija be the biggest problem of one another
Breaker001: I guess you were born yesterday. That's why you are not aware of the fact that storylines like this can be spinned to create a false impression. So I don't blame you much.
But taking a look at your moniker tells me all I need to know about you. But help yourself by visiting a rehabilitation center 😎
I don't think you can ever see anything good with ur bitter soul for this country. Na today u know sey even 50 years old dey sit for o'level exams abi
Breaker001: I nearly believed this until I saw those girls covering their faces. And by the way, why are those other ones in the first picture looking like grand mothers. Were grand mothers also taking NECO exams? Na question I dey ask o
Wow... kudos!!! This is big one. May the soul of the gallant soldier who lost his live rest in perfect peace, Amen 🙏. He will forever be an hero in history. May God grant his family and love ones the fortitude to bear the lost
This one Is in for the long ride. E never even start sef. You follow dem chop, follow dem drink e dey sweet you then... e reach now u believe sey na you wise pass ur mind go dey
Find ur way go Niger Republic, Chad or Somalia go nationalise na. Na freewill no dey stress ursef
YoungLionken: Good one! I pray we see more before the end of today..
See how Nigerians are blindly supporting stubborn Nigerians over there and you begin to wonder why our country is like this! Nobody support bad thing reach Nigerians...
Meanwhile men seem to be the enemy of their gender. So quick to pan to the feminist agenda. Most of those who will come to bash a thread such as this are...Men. the day men start to stand up for their gender would be the day the equilibrium shifts back to how God designed it to be