₦airaland Forum

Sharrraaaaaap GUFFANTI!!!!

@ Gbawe,

Nigerians are more entrepreneurial than Ghanaians, no doubt. . . . but entrepreneuralism is not responsible for wealth disparity in Naija, rather Kleptocracy. . . . I am yet to see by which Entrepreneurial spirit OBJ, IBB, Mohammed Abacha and Peter Odili elevated themselves to become the richest men in Nigeria. . . . these 4 men alone should be worth the equivalent of 20% of Nigerias GDP. . . .

Its a stitch-up orchestrated by the Saraki's. . .

The title of thread is certainly misleading as PapaBrowne has painted the picture that CBN wants to convert all our foreign reserves into Yuan.

At present 60% of world reserves are held in dollars, 30% in Euro, and the rest in other currencies, with Yuan an increasing factor.

It is an accelerating trend, so I dont understand this tirade by PapaBrowne except that it is in his nature to go haywire at the mention of Sanusi's name!

davidif:
Oh boy! we have a communist on board.

Why does this piss me off?

(1.) Because your brains got scrambled and read "wealth distribution" as "wealth [b]re[/b]distribution"?

OR

(2.) because of your compulsive predilection to McCarthyism?

davidif:
All of you who know nothing about economics and who always say no to foreign companies or that we should "support our own" at the expense of foreign investment, well this is what happens. Ghana better open up its market as soon as possible and enough of this protectionism nonsense. This is one of the reasons i can't stand politicians who pander to popular sentiments at the expense of good economic policies.

Whilst you were typing this nonsense, Nigeria's manufacturing industry is busy relocating to Ghana.



[quote author=paddy_lo link=topic=461993.msg6209144#msg6209144 date=1276463701]In capitalist system wealth is usually skewed which forms the incentive for ppl to work and get to the top


P.S. .South Africa and Brazil. . are the 2 most unequal countries on earth. .
Nigeria is pretty much in the middle. . i'll find a chart for u[/quote]If wealth disparity is singularly attributable to racial disenfranchisement, then let Brazil and South Africa be our model.

If wealth disparity is mostly attributable to corruption, kleptocracy, rent-seeking and plutocracy, then let Nigeria be our model.

If wealth disparity is attributable to the spirit of entrepreneurship, then let Ghana be our model.


Again, if you look at any percentile analysis, the average Nigerian is no better off than the average Ghanian. Thats why the average Nigerian votes with his feet by moving to Ghana.

[quote author=paddy_lo link=topic=461993.msg6208800#msg6208800 date=1276460276]what are u rambling on about. . Nigerias per capita income is about 3 times ghanas. . higher not lower

so what point are u making again?[/quote]Wealth distribution. . . .

You lot have some cheek comparing England to Germany. . . . DK is right. . . . since when can England be compared to Germany on International level?

Gomez poor technique just messed up all of Germany's attacking plays when he came on. Germany could have copped another one or two.

^^^Am sure that if you take away the top 10% of the population, the lower 90% of Ghana's population will have a per capita income comparable to Naija.

Australia is old and defunct. . . . Emerton is finished. Scott Chipperfield is a wastepipe at Basel. Lucas Neill has been released on free transfer by both West Ham and Everton in the last 12 months. Ricardo Garcia cant even start for Hull. Vince Grella is useless for Blackburn. Craig Moore was released by Rangers over 2 years ago.

I will judge Germany when they play Serbia or Ghana.

This game has 0-0 written all over it. . . . I never begin watch am sef cos I know say I no go miss anything. . . . hopefully the 2nd half can produce something. . .

I remember one young boy for Hull City who played our midfield off the park earlier this season. . . . Tom Cairney is his name. . . . I'd like to see him at Chelsea as part of our squad. . .

I think I subbed Gerrard and Dempsey out of my team last minute.

Thank God say dem no spell Naija.

I still maintain that if we play 4-3-3 with Obasi and Odemwingie running at Gutierrez and Heinze, we could have troubled them.

Take off Yakubu, play Nsofor uptop and bring on Odemwingie to run at Heinze!!!

Nsofor phock up for the goal no be small. . . .

Debo stop it. . . . flow rate would fluctate naturally with changing Pressure but it wont fluctuate between 1,000 and 20,000 barrels. . . . since the independent scientists have come on board, we get between 15,000 and 22,000 barrels which is within the margin of scientific expectation. . . . just admit that BP downplayed the figures initially and Ill give you a cookie!

!

debosky:
Sounds good in theory, but the fact is, if the so called 'experts' (non BP by the way) had to wait till the results from the June 3rd cut of the line to give a reliable estimate, why are some of you claiming to be more knowledgeable than the experts?

See the latest report here before you begin to mouth off. The complexities and dynamics of an UNKNOWN oil reservoir cannot be simply assumed - hence the need for over 4 specialist teams trying to figure out how much the flow is. It is the height of supposition to think that simply because the initial estimate was off the mark that it was a case of deception.

http://www.deepwaterhorizonresponse.com/go/doc/2931/627011/

Contrary to your assertions that we couldnt get any readings before the riser was cut, we have been getting readings from the minute they allowed the scientists down there. Now they are refining their readings based on better info, for example, the upper bound for the mass balance team has changed from 19,000 to 21,500 barrells based on the better info. . . . this is way within any 50% margin of error stated. . . . now compare to BP telling us it was 1,000 barrels to start with, then ending up with 21,500 barrels. . . . C'mon Son!!!! They are taking the piss!!!

Its either BP want me to believe they are extremely incompetent at measuring simple flow rates, or they were deliberately misinforming us


Pls read that link you provided. . . . it says:


A team of federal scientists led by Energy Secretary Steven Chu is analyzing pressure readings from the BOP stack and the riser to assess flow rates and how flow rates may have changed as a result of the riser being cut.


ie, Since the riser was cut, Rates have changed, meaning they knew Flow Rates before riser was cut.


Dr. McNutt announced today that three of the scientific teams analyzing flow rates have reached updated assessments, based on new data or analysis, of flow rates from BP’s well before the riser was cut on June 3. 


Updated assessments based on new data. . . . means they have been getting data long before the riser was cut, and they are now updating it based on better info. . . however better info simply means a slight adjustment, and does not justify the fact that BP claimed 1,000-5,000 barrels when infact we have 20,000 barrels!!!


I insist that BP had run their simulations and got about the same 20,000, but they chose to tell us 1,000.


If you read that link properly, the Woods Hole team was able to get their velocity estimates before the riser was cut, and pretty quickly and efficiently too, something BP probabaly did initially, then hid the findings from everyone.


You must admit that the initial report of 1,000 - 5,000 barrels was simply information management by BP/US Govt.

Jeboy:
Why u guys they beef like this? If u were a Senator or or relative and u were asked to join d parley wont u gladly do or are u saying their pakage as senators cannot take them to SA. Lets hammer them when they fail in their fundamental duties to the nation and not raining curses/blames because they went to SA. Are u aware Maradona invited d daughter and grandchild to join him in d mundial? Am sure if he were Nigerian coach U ll complain. If I have my money I would have loved to be there and so is the case with most of us. Consider the fact that they went to join d Nigerian delegation even shows some sense of patriotism as many other Nationals to their country teams or else they could have chosen to be in dubai or the bahamas doing shopping sprey. Be happy with with people when they progress by so doing u attract same to yourself.Please lets try and stop unneccesary hating and ill conceived criticism because u too can become a Senator tommorrow and maybe subject to the things u did to others,my piece.

Sharrap dia!!!!

Name a single country whose lawmakers decamp en masse to go enjoy festivities abroad.

Goodluck Jonathan was invited to South Africa, not the whole Nigerian Senate.

Since when did Senators become diplomats?

The kind of illiteracy you have displayed on here is exactly the problem with Naija. I hope you are not the new breed of Naija graduate with this your cunny cunny way of thinking.

Are these fools going to South Africa to draft bills? Is senate on recess? How can 62 out of 108 senators leave at the same time to go and jolly with Goodluck Jonathan in South Africa?

http://www.kickoff.com/news/16036/nff-sympathises-with-62-senators.php


[size=14pt]NFF sympathises with 62 Senators[/size]

NFF President Sani Lulu Abdullahi said on Friday that the Football Federation was grateful to God for sparing the lives of 62 Senators of the Federal Republic who were involved in a near mishap in Lagos on Thursday.

The lawmakers, according to reports, had chartered an aircraft from France for the flight to South Africa to support President Goodluck Ebele Jonathan at Friday’s opening ceremony in Johannesburg, to which the Nigeria leader was invited by President Jacob Zuma.

However, their aircraft developed landing gear fault just after take-off at the Murtala Muhammed International Airport in Lagos, and the pilot had to return quickly to base to avert disaster.

“We have the Almighty God to thank for this. What would we have been saying? God is great and it is important that we always give Him thanks anytime things like this happen,” said Lulu Abdullahi.

The Senators eventually arrived and joined a strong Nigeria reception team for President Jonathan who arrived in Johannesburg at about 6.30 pm South African time on Thursday morning.

buzugee:
for protection. i dont plan on becoming a victim in nigeria. anyone who crosses the line is getting shot. you break into my house you will get so much bullet pumped into you, you will look like a sieve when i am done with you. i also plan to shoot my way out of any unsavory encounters i have when i am driving.

hehehehe. . . . you nor well. . . the last nucca in PH that tried to shoot it out with armed robbers ended up 6 feet deep. . .

Eto
Drogba
Essien
Yaya Toure
Alex Song
Gervinho
Pienaar
Adebayor
Eboue
Bassong

Why is it that when I log on Nairaland, I always get adverts related to the last google search I performed?

For example, if I look for holidays in Gambia, and I log on to Nairaland, the adverts on Nairaland would be advertising holidays in The Gambia to me.

The thing fear me o. . . . abi is Big Brother watching?

Dede1 is an amusing fellow. . . . always enjoy reading his write-ups cos its packed with witty humour.

Ask them. . .

My guys never begin play yet. . . . when we begin play, una go concede defeat. . .

BWAHAHAHAHAHAHA. . . . . Corruption will kill Africans!

JeSoul:
I was even going to say that when I read Ibime's post. 50% is very liberal. If I present 50% accuracy numbers for my experimental data, my boss would wonder if I were drunk or high.

50% is a whole lot more accurate than the one wey dem dey tell us say na 1000 this week, 5000 next week, 20,000 the week later, and some guys even said 70,000!. . . . from 1,000 to 70,000 is how many percent error?

We know no one can give us accurate figure, but they should be able to give us a decent estimate, not this one dem open mouth dey lie about 5000 like say we be maga. 5000 ko! 5000 ni!

debosky:
This is not true - the well was not even tested, it was simply drilled, casing installed and was to be returned to later. The fact is, the scientific bodies are still giving estimates NOW, and they have only been able to come up with these estimates since BP cut the line last week. That isn't misinformation. For the record, NOAA was the one who approved any estimates released to the public.

According to reports, they say that BP knew the pressure in the well before the subcontractor commenced their work, and that the pressure was too high for the subcontractor to work, but they went ahead anyway. . . . this means BP knows the Pressure inside the well. The Pressure difference between the inside and outside of the well should be able to help them calculate velocity of the flow, and subsequently flow rate. Yes, we would have some grey areas such as the changing viscosity of the oil, the size of the hole in the pipe, how to calculate the Reynolds no etc. . . . but I am sure that they can give us an estimate within 50% accuracy by running some simulation of the problem with some model assumptions. . . .

And yes, the American Govt have an interest in downplaying the figures just as much as BP. . . . one thing is sure though, BP DELIBERATELY misled the public on the 1,000-5,000 barells thingy.

dayokanu:
But the bench players wont get points would they?

Dont worry about that. . . I rotate my team according to opponents. . . .

Make una go check my team. . . . ma squad is deep. . . . its not just about first eleven. . .

tkb417:
the place is messed up

Dis Guy don expose una. . . .Banana Island ko, Banana Republic ni!