₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,345,105 members, 8,515,499 topics. Date: Monday, 09 November 2026 at 03:48 AM

Toggle theme

Ibime's Posts

Nairaland Forum › Ibime's Profile › Ibime's Posts

1 2 3 4 5 6 7 8 ... 1412 1413 1414 1415 1416 1417 1418 1419 1420 (of 1716 pages)

European Football (EPL, UEFA, La Liga) › Re: Chelsea Fans Thread : Winners of the FA Cup And League Winners 09/10 by Ibime(m): 11:57am On Mar 23, 2011
AjanleKoko:
What happened to Mike Emenalo? Haven't been seeing him on Chelsea's bench for a few games now. Abi the guy has been quietly shipped out?
He now sits on the far end of the bench.
Music/Radio › Re: :::::: Happy Birthday Lalaboi ::::::: by Ibime(m): 12:33am On Mar 23, 2011
Have a good one bruv!!!
Music/Radio › Re: Sorry Ur Favorite Rappers, Mi And Iceprince Cant Freestyle by Ibime(m): 12:32am On Mar 23, 2011
If you're a rapper and you're on a radio show, there's no excuse to spit material which is already on your album. Shame on Ice Prince for spitting Oleku on the radio. I always thought Ice Prince is wack anyway.

If MI can't freestyle or has no fresh material, he should refrain from going on the radio. Abi did he think he was going for morning show interview where they would ask him what's his favourite colour and which Nollywood actress he likes?

Nah nigga, if you go on a HipHop show, you must have fresh material for the people.

If you sell yourself as a "lyrical" rapper, you should also be able to freestyle. Infact, you should be good at freestyling as a rapper period, because you will be called upon to spit impromptu at any time. At worst, you do what Drake did and spit FRESH MATERIAL off your blackberry!

It was only in the late 90's where rappers started making excuses on radio shows about freestyling.

Shame on MI! NL's greatest freestyler Ofoka Mendilurugun woulda put a better show!!!!
Politics › Re: Patience "Umblerra" Jonathan Has A Degree In Biology! by Ibime(op): 3:00pm On Mar 22, 2011
I think I now agree with the President's statement that the current education system is rubbish. The evidence lies in Aso Rock.
Music/Radio › Re: Sorry Ur Favorite Rappers, Mi And Iceprince Cant Freestyle by Ibime(m): 11:40am On Mar 22, 2011
Does anyone have the audio?
Music/Radio › Re: Kelly Hansome:Jesus Is My Iroko : No More Diss Lyrics For Kelly Handsome ? by Ibime(m): 11:44pm On Mar 21, 2011
Kelly Hansome is BRILLIANT!!!

Lovely song!
Politics › Re: Patience "Umblerra" Jonathan Has A Degree In Biology! by Ibime(op): 7:30pm On Mar 21, 2011
naijaking1:
Umblerra, Umbrera, umbrella, wambrela, or whatever she's alleged to call it is irrelevant unless you're a trained and licensed linguist who would understand the influence of vernacular on secondary languages.

I mean, you wouldn't undersatnd why the average Yoruba would always miss pronouncing the first "h" in any word. Not only do Yorubas pronounce "house" as "ouse". I have seen many N/L write "his" as "is"

Also, the Hausas, because of their own native tongue mispronouce words begining with "v"
Imagine sitting in an English class by an Hausa Youth corper who began the first day:
"By the end of this class, e[i]w[/i]ery one of you will understand the f[/i]roper use of [i]w[/i]erbs and pro[i]w[/i]erbs"

The Igbos too, have their languistic idiosyncracy such as placing a vowel at the end of every name, such as [i]bucket[/i]i for bucket, [i]cupu
for cup, and of course having difficulty with such tongue twister as umbrella.

Like to hear from some linguist in the H--ouse, not some cheap political operatives.
We not worried about pronunciation here. . . everybody has an accent. . .


How about "My fellow widows"

Or "My childrens"

"GEJ and Sambo is good peoples"



UniPort stand up!!! grin grin grin
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2010/2011 by Ibime(m): 5:11pm On Mar 21, 2011
[size=14pt][center]Westerhoff: "Keep your hair on!"[/center][/size]

In an attempt to douse the exuberance of fans of the Aggrey Road team, avuncular Borokiri Boyz manager Hans Westerhoff left journalists scrambling for their slang dictionaries after yet another idiomatic expression left them struggling to understand his cockney parlance. Popular Port Harcourt journalist TamunoEbieberi Nyanabo had quixotically suggested that Borokiri Boyz' stellar performance last weekend portended a push for the Nairaland league title, to which Westerhoff responded "Keep your hair on!". The Nigerian-educated contingent of journalists and press men were miffed as to the meaning of Westerhoff's statement. This is the umpteenth time that Westerhoff has left journalists baffled with his cockneyed idioms, and this has foistered resentment between himself and local journalists who feel that he is aloof and self absorbed as evidenced by his refusal to communicate to the locals in "the language we understand."

Nonetheless, Westerhoff was right to admonish the exuberant journalist who had talked up Borokiri Boyz chance of winning the title. According to Westerhoff, "as I predicted at the start of the season, my good friend Kokomaster will win the league. He is a competent, fastidious manager with a keen eye for detail; and the chances of him losing his grip on the no 1 spot are inverse infinitum".

The pragmatic Westerhoff did however state that his team would finish in the top 6 in line with targets set at the start of his tenure. According to Westerhoff "this team was in 16th position at the start of my tenure, but through steady application and diligence, we have now climbed into 6th position, with one foot in the H2H play-offs." Asked whether he was worried about the chasing pack of Avantgarde, Chamokazzie Gaylords, Ingloruous Bastadz and Southern Playalistics, he described their managers as "tactical lilliputs who would not be competing with Borokiri Boyz if not for the incompetence of previous manager Tamuno Ibime."

Westerhoff has now promised to "lock-in the gains of the club's good run, similar to a trailing stop-loss strategy", another expression which left journalists scrambling for their dictionaries.

Intereting times at Port Harcourt Civic Centre then.



Owubokiri Mpakaboari

Complete Sport
Politics › Utomi: Jonathan Spends N100m Of Taxpayer Money Daily On Election Campaign by Ibime(op): 4:20pm On Mar 21, 2011
[center]Utomi - Jonathan Spends N100 Million Daily on Campaign[/center]

President Goodluck Jonathan expends N100 million naira of tax payers' money every day to fund his presidential campaign, presidential candidate of the Social Democratic Mega Party (SDMP) Prof. Pat Utomi charged in Abuja yesterday. Utomi, who spoke at a 'Policy Dialogue with Presidential Candidates' organised by Murtala Mohammed Foundation, said civil society organisations in the country have failed in their duty by keeping quiet over the president's spending on his campaign, saying this can never happen in Brazil where a Constitutional Court has banned such spending.

On corruption, Utomi said the trend flourishes because people believe that nobody could prosecute them if they engage in corrupt practices, adding that if elected as the President of Nigeria he will fight corruption. He also expressed his commitment to institutional arrangements in the political arena, saying the country requires two viable and strong political parties. He expressed his displeasure over the inability of reformed progressives to form an alliance in spite of his personal efforts in that direction.

The presidential candidate also described the establishment of new federal universities without repositioning the existing ones as unreasonable. He said much attention is focused on tertiary education with little importance attached to the need to address challenges facing primary education.

He said, "Teacher education is the starting point. How do we create intense teacher education? How do we bring prestige back to teacher education? It is going to be a life mission since the educational system has been completely neglected. We also need to rethink vocational education if we want to make progress."

On security challenges facing the country, Utomi called for the decentralisation of police and the adoption of modern community policing tactics, saying all the crises could have been avoided if early warning signals were considered.

When asked to make a choice of his presidential candidate if he is not contesting, he said, "I told Nuhu Ribadu, if you emerge as a progressive candidate, I will support you. I will support Malam Ibrahim Shekarau. He will make a good President. He is an articulate man but he is not known outside Kano. General Muhammadu Buhari is a symbol of discipline and Nigeria needs discipline. If all these fail, we can survive with Jonathan."

Professor Utomi also declared his readiness to accord women a prime platform that will guarantee their active participation in the Nigerian political process, adding that his government would ensure that 50% of cabinet members are women. Drawing inferences from the female-dominated schooling system in the South-east, Utomi said a time would come when women will preoccupy the positions of governance and authority in the country.

Meanwhile, Civil Society Organisations (CSOs) yesterday said they were not looking elsewhere when President Goodluck Jonathan and his party, the Peoples Democratic Party (PDP) were spending tax payers' money to the tune of N100 million daily as alleged by Prof. Pat Utomi and that they would soon take action to arrest it.

The Alliance for Credible Elections (ACE), the Transition Monitoring Group (TMG) and the Civil Society Legislative Advocacy Centre (CISLAC) were unanimous in condemning the flagrant abuse and undermining of the rule of law and provision of the Electoral Act by political parties, especially the PDP and politicians alike, with TMG saying that the amount is even an understatement.

General Secretary of ACE Mr. Emma Ezeazu told our correspondent in Abuja that it is right that Prof. Utomi is actively playing the role expected of the opposition, saying however that the CSOs will look into the matter.

"If the president is spending that much on campaign, it will be more difficult for the opposition parties to contest with him. We will look into this matter and be sure of the fact. We will have to be sure so that we will just not be smearing our hands in the mud. If the president is spending that much it is horrible and does not augur well for the coming April polls, democracy and for the well being of Nigeria," Ezeazu said.

TMG chairman and Chairperson-Elect of the newly formed West Africa Election Observers Network (WAEON), Comrade Mashood Erubami, said CSOs are looking elsewhere as the organization was actually preparing to address the nation on the matter and that the delay was due to the organisation's pre-occupation with the party primaries.

"The amount quoted is an understatement when you count in the number of official cars, drivers, consumables, institutional and man-day support from civil servants and direct cash being expended daily. There is also the issue of deferred payment in millions represented by unaccountable contractor supports which will later be re-paid in form of contracts and their attachable inflations.

"You cannot estimate the amount of spending from adverts from public owned media which are not directly charged but hidden under public announcement. TMG will take the matter to the civil society situation room for national based treatment," Erubami said.

Executive Director of CICLAC Malam Auwal Musa Rafsanjani on his part said that the amount quoted by Prof Utomi cannot be far from truth, adding that civil society groups have actually being expressing concern over the non-compliance by political parties, especially PDP with the Electoral Act on party financing and donations.

"We are unfortunately having politicians who are no respecters of law. We are having a government that is legalizing corruption so much that they were celebrating people convicted of corruption; but we are not going to relent in our efforts and roles despite our inability to enforce the provisions of the laws," Rafsanjani said.
http://allafrica.com/stories/201103100207.html
Politics › Patience "Umblerra" Jonathan Has A Degree In Biology! by Ibime(op): 4:14pm On Mar 21, 2011
She obtained her school certificate in 1976 and passed the West African Senior School Certificate Examination (WASSCE) in 1980. In 1989, the first Lady obtained the National Certificate of Education (NCE) in Mathematics/Biology from the Rivers State College of Arts and Science, Port Harcourt. She then proceeded to the University of Port Harcourt and studied Biology/Psychology in 1994.


http://en.wikipedia.org/wiki/Patience_Jonathan


shocked shocked shocked shocked shocked shocked



Whats wrong with Biology students at UniPort?

Goodluck also holds HydroBiology degree from the same Uni.



Is studying Biology at Uniport inversely related to the ability to speak English properly?  grin


UniPort guys, Delta House, Abuja House, please defend your alma mater!!!  grin
Politics › As President Jonathan Doles Out N10 Billion To Capture Lagos by Ibime(op): 4:07pm On Mar 21, 2011
[center]As President Jonathan Doles Out Billions to Capture Lagos[/center]


On Sunday, March 20, 2011, President Goodluck Jonathan sneaked into Lagos once again for missions that are not connected to improving the parlous state of affairs of the country under his shaky watch. His mission rather was to distribute money to PDP members in his desperate bid to capture Lagos for his party. One would have expected that when a president visits a state, the governor is alerted and it is his duty to welcome the visiting president but Jonathan’s visit is not to attend to state matters. That one can wait, as it has been waiting since he stumbled his way to power. In such visits that has become a routine for him in recent times; he did not need to meet the governor. He rather lusts for the company of party rough necks among whom are ex convicts and treasury raiders, idlers and clowns to whom he doles money in a bid to realize an unachievable ambition that has defied his party since the last twelve years. We gathered he came with plenty of money, your money, our money to dole out to idle candidates that know deep in their hearts, that they will not win any election in Nigeria but because that is the blood that runs in the sinews of the PDP, he must share out money for elusive political wet dream. We hear he comes this time around, with nothing less than N10 billion and 70 per cent of this free largesse is to be doled out to the PDP governorship candidate, maybe to start up something in his dead campaign.

Coming at a time, Prof. Pat Utomi alerted the nation that Jonathan presidency spends N100 million of state money every day for PDP’s arid campaigns and coming at a day it was reported that a bus of 18 Nigerian passengers skidded off the road and plunged into the river on the perpetually horrible Benin-Ore Road, it is not surprising that nothing has been working in Nigeria since the past twelve years of bizarre PDP governance when what is known as governance is an endless sharing spree involving public money for vain political adventures.

Let us recall that this is not the first time we are travelling on this kind of road. In fact, we are where we are today because of this kind of bizarre desperation. In 2007, former president Olusegun Obasanjo, in a desperate heat to ‘capture’ Lagos by all means, came to Lagos with loads of money and threw this question to his minions, “Who among you know Bola Tinubu very well enough to dislodge him and rubbish him out of Lagos politics?”. The aspirants began to talk, each giving a thousand and one reasons why he or she should be the one. At the end of the day, the lot fell on Senator Musliu Obanikoro. Obasanjo asked him how much he needed for such mission and Obanikoro demanded forN3billion. The money was promptly released to him. He made few noises here and there and pocketed the money, realizing the heavy odds staked against him. He knew quite well the futility of fighting a lost battle against the Asiwaju and being a smart guy, he pocketed his largesse of the national cake and his supporters were left clutching on straws.

This writer was privy to a meeting where PDP supporters gathered to weigh the options after the contest was won and lost and I saw some PDP supporters weeping profusely about their betrayal, alleging they were made to work on empty stomachs while their candidate and some few leaders smiled to the bank. That nobody told them the truth. The promise to rig the PDP to power in Lagos at all costs, fell flat on the face. When Chief Alaba Williams charged at the Resident Electoral Commissioner in Lagos, asking what went wrong and what happened to the promise given to them as regards delivering Lagos to the PDP, the REC simply told him that he was not ready to die, as his children were still young. He told them that it will amount to committing suicide by going against the wishes of almost 20 million Lagosians. He told them that rigging the election in Lagos to favour PDP may kickstart a revolution that will put an end to the political entity called Nigeria. The rest is now history.

Today, four years after, history is about to repeat itself in Lagos, with President Goodluck Jonathan going the way of Obasanjo in 2007 hook, line and sinker. Why this is so cannot be farfetched because Nigerians have known this president to be a stooge of Obasanjo, who sits in his Otta Farm and directs our president on what to do. It is not surprising that Jonathan is gobbling Obasanjo’s do or die politics and in Lagos, he is about to repeat the mistake on Lagos in 2002. President Jonathan, who did not have shoes or books while schooling, as his minders have found so alluring saying, is opening the national treasure cove to a little known and least qualified Ade Dosunmu and more than N10 billion of our national wealth is being laundered for this futile mission. This was a Dosunmu who ran NIMASA on rented generator at the cost of N150,000 per day while he was the CEO of that massive parastatal, seen as a cash cow for PDP members these past twelve years. Till date, no one can actually say what Dosunmu did with the budget of NIMASA, which runs into hundreds of millions of dollars annually and no one can explain why Dosunmu failed to clear our coastal waters of the debris of wrecked ships for three years yet he is angling to govern a complex state like Lagos, which presents greater challenges than the federal government.

This is the man President Jonathan is throwing billions of Naira to purportedly support to uproot a highly performing incumbent governor, with no party structures and no dedicated supporters. But honestly, I don’t blame Jonathan given his sparse understanding of power, his twisted knowledge of politics and his abysmal appreciation of governance. But he needs to be tutored that you cannot get something from nothing. Bereft of ideas, values, focus and vision, a useless party and its owner-managers cannot continue to insult our collective intelligence, wasting our national resources and taking impunity to a frightening and disturbing level. This country has earned more money from 1999 till date than what we earned from 1960 till 1999 yet we cannot fix a simple road like the Benin-Ore Road. One cannot see anything on the ground that is worth a miniature fraction of the huge earning we have had since 1999 yet our so called leaders finds it so attractive to share out money with annoying prurience in the name of elections. What one sees in Nigeria is a carcass of abandoned projects, horrible and un-mendable roads, no water, no light, no employment, heightened insecurity, acute poverty, failed education sector and every other vestiges of a failed state.

What the nation is accustomed to is a monthly ritual of sharing money between those who have cornered power at all levels of government to the ratio of 52 per cent to the federal government, while the state and local government levels and other special interests get 42 per cent of the nation’s wealth. While the federal government, especially since 1999 has abdicated every of its responsibilities and spends the hefty chunk on things one cannot ascertain and on such vain political expenditures as Jonathan is now doing in Lagos, the states are left to bear the brunt of what the federal government should do like fixing roads in Lagos, with the paltry share they get. This is the reason Jonathan and the PDP governments before him have grown deaf on carrying out even simple responsibilities they owe Lagosians, like fixing the perpetually bad federal roads in lagos, the president and his henchmen find it attractive to marshal a heavy chunk of federal resources for such flights of fancy as capturing Lagos. It is surprising that Jonathan is even going against wise counsel of his partymen like the Governor of Niger State, Babangida Aliyu who recently advised his party against wasting their efforts on Lagos given the sterling performance of Governor Fashola.

Prominent Nigerians from all walks of life have been advising the PDP to steer clear of Lagos because it is a no go area given Fashola’s star performance but Jonathan would rather listen to jobbers and scoundrels that see Nigerian resources as free meal for party hirelings and that is why he is practically living in Lagos, trying to resurrect a dead party with billions of resources that would have been used to fix Benin Ore Road. As I write this, there are no decent politicians left in Lagos PDP, as we have witnessed the mass movement from that notorious party from all parts of the country. From what any person can see, PDP is practically dead in Lagos and has been ran out of business by the ACN, its sterling campaigns and the stellar performance of Governor Fashola. It could be understandable though if PDP exists in Lagos only on the impressionable minds of Jonathan and his dying South West PDP jobbers who are on their very last breadth.

An advice I can offer Jonathan is that he should concentrate on his green zones and leave out such blaring red zones as Lagos. His dream cannot fly in Lagos and no amount of money would change this reality. It is belief, values, ideas, vision, goals and objectives that can win Lagos for any party and the PDP simply doesn’t have these. In 2003, PDP got yellow card in Lagos. In 2007, it went away with another woeful yellow card. In 2011, it will get a straight red card and worse still, it is getting such dire results from all over the country so Lagos is the last area it can dream of capturing in 2011.

Governor Fashola is without contestation, the best performing governor in Nigeria today and Jonathan knows this. Fashola has shown leadership in Nigeria and Jonathan knows this. Fashola has clearly set benchmark fofr achievement for those in power in Nigeria and he has shown the way to a new Nigeria and Goodluck Jonathan knows this. Governor Fashola is the best brand in Nigeria today and I am sure Jonathan knows this. If he knows all these facts, it should also be clear to him that investing money to capture Lagos is a fruitless venture that has eluded his godfather, Obasanjo. It is a colossal waste that will lead to nothing.



Joe Igbokwe.
Politics › Re: Is Nairaland Pro-Buhari? by Ibime(m): 1:45pm On Mar 21, 2011
MyJoe:
^^^ And Buhari is quality?

**sighs**
A Volkswagen Beetle will always look quality when compared to a Skoda
Politics › Re: Jonathan Pledges To Establish Airports In 36 States by Ibime(m): 1:23pm On Mar 21, 2011
"Airport in every state" is an simply an indictment on PDP's performance in maintaining Federal roads which have been abandoned to road-diggers and Armed Robbers.
Politics › Re: Is Nairaland Pro-Buhari? by Ibime(m): 1:20pm On Mar 21, 2011
It was previously established there are very few Northerners on Nairaland as they all prefer Gamji.com, or are too busy almajiriing to worry about internet.

The fact Buhari is popular amongst NL's mostly Southern majority simply shows that NLers in general are more concerned with quality than ethnic affiliation.
Politics › Re: Describe The Term "job Security" In Your Own Words by Ibime(m): 11:49am On Mar 21, 2011
Hehehehe. . . . I missed this thread. . .
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2010/2011 by Ibime(m): 8:48pm On Mar 20, 2011
As usual, Underachievers continue their losing streak to Borokiri Boyz. They have never beaten Borokiri Boyz in their history. They returned a respectable total but Borokiri Boyz was the top scoring team this GW.

With 8 games left to go, Hans Westerhof has already delivered on half of his promises, namely to finish Borokiri Boyz in the top 6, and qualify for the WAFU Cup.

The second half of his promise (to win the H2H cup) is also looking eminently achievable.
European Football (EPL, UEFA, La Liga) › Re: Chelsea Vs Manchester City [2 - 0] On Sunday 20th March 2011 by Ibime(m): 5:44pm On Mar 20, 2011
@ Nateevs,

Zhirkov is looking more like Ferreira these days. He's lost ALL his pace.

Ramires shoulda shot there instead of passing to Lamps.
European Football (EPL, UEFA, La Liga) › Re: Chelsea Vs Manchester City [2 - 0] On Sunday 20th March 2011 by Ibime(m): 5:26pm On Mar 20, 2011
Dzeko is worrying David Luiz in the air.

I'm not seeing this Torres thing wey una dey talk. Make I watch well well.

Its Kalou who I see making moves, plus a few flurries from Malouda and Ashley on this left-side.
European Football (EPL, UEFA, La Liga) › Re: Chelsea Vs Manchester City [2 - 0] On Sunday 20th March 2011 by Ibime(m): 5:11pm On Mar 20, 2011
Guys, abeg where is Tevez?

Is he on the bench?
Politics › Re: Jonathan To Build $20 Billion Of Fertilizer & Petrochemical Plants by Ibime(m): 3:15pm On Mar 20, 2011
"Petrochemical plants mean fertilizer plants that will increase our agriculture and food production and methanol plants that will boost industrial production with a combined initial investment of about $20billion this will result in the creation of over 300,000 jobs across the nation,’’ Mrs. Alison-Madueke stated.


Combined initial investment of $20bln.


MOU's have not been signed, neither has any company been mentioned so as it stands, the cost to Nigeria is $20bln.


Whether Naija will carry 50% of the initial construction cost, then offset the other 50% against concessions. . . or however the deal is structured, this is the cost to build these plants.


Lets see who will bite this deal, and the details, then come back to this convo (on cost to Govt) later.


And how come the fertiliser plant from the $23bln deal we signed with China last year has migrated into this deal?

How many fertiliser plants do we need, and at what production levels?

One plant can swallow all of Nigeria's fertiliser requirements as I have shown with the Chinese plant producing 800k tonnes.

We have Onne, the Chinese one (to be built), and are still looking for more. Yet we havent been able to run even one successfully.


Anytime I see white elephant alerts like this, I know someone is looking for opportunity to chop money.
Politics › Re: Jonathan To Build $20 Billion Of Fertilizer & Petrochemical Plants by Ibime(m): 1:40pm On Mar 20, 2011
ROSSIKE:
People literally WILL these projects into failure by their intensely negative thoughts.
People don't WILL these projects into failure, the politicians setting up the projects already created them to fail.



Few years back, we sold NAFCON plant at Onne to Notore Chemical Industries.

Notore turned the behemoth around, and now they want to remix NAFCON again.




They should please tell us how many tonnes of fertiliser they plan to produce with these new facilities.

Nigeria only uses 500,000 tonnes of Fertiliser per year.



China built 800,000 tonne plant for $440m

http://energy.worldconstructionindustrynetwork.com/news/china_xlx_fertiliser_to_construct_fourth_urea_plant_in_xinxiang_city_100927/


China and Russia built Fertiliser plant for $120m in 2007 to produce 200,000 tonnes of fertiliser.

http://www.google.co.uk/search?hl=en&source=hp&q=china+spends+on+fertiliser+plant&aq=f&aqi=&aql=&oq=


When I even saw that they would be citing fertiliser plant in Lagos, I had to laugh. Shebi they would first transport all the petroleum products to Lagos, meanwhile Onne is strategically located to produce Fertiliser at the best possible price.




Anyway, lets do some back of envelope calculations:

Nigeria consumes 500,000 MT of Fertiliser, which sells at $500 per Metric tonne.

I dont even need to do detailed breakeven analysis for alarm bells to start ringing. If you assign $100 profit per MT, at Nigerias current consumption capacity (which BTW is already heavily subsidised) of 500k MT, you are talking $50m profit per year.

You choose an apropriate value of profit per metric tonne and do the analysis yourself.


Maybe Goodluck want to be exporting Fertiliser to other countries in competition with Potash cos I dont see how our domestic consumption of fertiliser and methane warrants $20bln. Goodluck with getting the cost price low enough to compete. hehehehehe



More calculations:


Nigeria's budget is $30bln per annum.

60% of this is spent on recurrent expenditure.


Which leaves em $12bln for capital expenditure every year.

Or over GEJ's 4 year term, that would be $48bln.


They would spend $20bln of this on Fertiliser and Methane plant.

Prolly another $20bln on Power

God knows how much else on "airport in every state".

Wetin go remain gon?



If you ask me, this is another classic Nigerian project where the politicians first ask "how much can I make from the deal" before asking "is the deal financially sensible?"
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2010/2011 by Ibime(m): 8:59pm On Mar 19, 2011
Omo ti HAMMER!!! grin grin grin

73 points gon gon with one player left!
European Football (EPL, UEFA, La Liga) › Re: FC Barcelona Fan Thread: "Més Que Un Club" by Ibime(m): 8:57pm On Mar 19, 2011
Dani Alves goal is exactly like Oliseh's goal vs Spain in France 98.
European Football (EPL, UEFA, La Liga) › Re: Chelsea Fans Thread : Winners of the FA Cup And League Winners 09/10 by Ibime(m): 4:54pm On Mar 19, 2011
Scott Sinclair scores his 22nd goal for Swansea, and Borini scores his first.
Music/Radio › Re: Tosinadeda Recommends ::: Aq - Black Friday Freestyles + *Diary ft retta* by Ibime(m): 10:59am On Mar 19, 2011
Nah men. . .E be like say everybody dey twitter. . .shey na for there wey Eldee, TKB, HNIC and the rest of una dey convene nowadays?
Music/Radio › Re: Tosinadeda Recommends ::: Aq - Black Friday Freestyles + *Diary ft retta* by Ibime(m): 10:35am On Mar 19, 2011
Hehehehe. . .V3, you better ask AQ to lend you some of his abundant cash so you can buy a new keyboard
Music/Radio › Re: Tosinadeda Recommends ::: Aq - Black Friday Freestyles + *Diary ft retta* by Ibime(m): 3:18am On Mar 19, 2011
V3,

See your mouth like AQ is touring Naija. Which hood near you him done reach?

Let's just hope that nigga has another income stream cos 16000 album sales after prepping album for 3 years may not even amount to much more than minimum wage. His mates who went to school are doing better than him!
Foreign Affairs › Re: Hillary Clinton: USA Losing Information War To Alternative Media Hmm Interesting by Ibime(m): 3:01am On Mar 19, 2011
Ever since the first day I watched Al-Jazeera, I never watch anyother news channel. They cover EVERYWHERE and EVERY TOPIC.

The only time I stray from Al-Jazeera is to watch Max Keiser on RT and Press TV.

Fox News and CNN can go jump in the Bush. Infact, Hilary is right, but I don't want any US state channel, cos they'll only feed us US Govt propaganda, the colouration of which will change every 4 or 8 years depending on whether GOP or Dems are in power.
Politics › Re: Nothing Is Wrong With The Nigerian Education System - Buhari by Ibime(m): 2:51am On Mar 19, 2011
There's nothing wrong with the system or the syllabus. The times table we learnt in Primary 2 is what UK students are still struggling with till age 15. The same system helped those of us who moved abroad to be ahead of our peers. A comparison of Private and Public education in Nigeria should let one know the problem is not the system. A privately educated Nigerian secodary student can hold his own anywhere in the world (except China!)
Crime › Re: Female Nigerian Pastor 'Lucy Adeniji' Jailed For Slave Trading In London by Ibime(m): 2:46am On Mar 19, 2011
This reminds me of one girl my sister helped to escape her slave masters here in UK who had brought her over to work for nothing. Poor girl could not even speak English after 5 years in UK. Funny thing is that her captors were successful and well educated Nigerians. Some people are either evil, or they believe that not all people are equal.
Politics › Re: Dbanj Interviews GEJ On STV by Ibime(m): 11:50pm On Mar 18, 2011
After receiving his "transport money", D'Banj done chop, wipe mouth, una still dey here dey yarn megedefegede.

Any artist wey get chance to collect kishi from politician hand should do so, afterall Beyonce, Rihanna and such regularly collect for performing for the likes of Ghaddaffi, Bernie Madoff etc whilst Sinatra used to collect money from the mob in Vegas.
European Football (EPL, UEFA, La Liga) › Re: Chelsea Fans Thread : Winners of the FA Cup And League Winners 09/10 by Ibime(m): 11:34pm On Mar 18, 2011
Not the worst but not the best.

Before Ancelotti, I didn't fear any team in the UCL except Barca, but now I'm somehow hoping to draw Schalke or Shakhtar, and every other draw looks LOSABLE!

1 2 3 4 5 6 7 8 ... 1412 1413 1414 1415 1416 1417 1418 1419 1420 (of 1716 pages)