Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 11:30am On May 01, 2022 |
michlins: all the modular refineries and we still have to import petrol. Please don't hinge your hopes on Dangote refinary cause that's private enterprise We still need to import because they are still not enough. Do you think a population of over 200million is a joke to you? Russia and Saudi Arabia with all their oil and refineries still import petroleum derivatives despite even Saudi Arabia being a population of 34m compared to Nigerias over 200m
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Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 11:16am On May 01, 2022 |
michlins: you already have eight years which is half of what PDP had. Also oil is selling higher than it sold for most part of PDP years. So yes, keep blaming PDP.
Of all the issues I raised, this is what you can come up with In your world 8yrs must be greater than 16yrs especially in a situation where I already said PDP set us back several years due to their lack of infrastructural drive during their 16yrs. PDP years Nigeria had only one 3000bpd modular refinery for her entire 16yrs. APC 8yrs and Nigeria has eleven 20000 bpd modular refineries. So tell me why I shouldn't blame PDP? |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 9:49am On May 01, 2022 |
obynzo: Pain ke!!!! I am sending the curses back to you Curses you laid first abi? Ikpere ewu |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 9:47am On May 01, 2022 |
obynzo: Back at you E pain you? I thought you were immune  |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 9:44am On May 01, 2022 |
obynzo: You are the dense fellow here Onye Nzuzu mmuo Ezinulo gi n'ile no n'ime uwa Nzuzu. Anumanu |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 9:06am On May 01, 2022*. Modified: 9:38am On May 01, 2022 |
michlins: we need to borrow to fix npower?
We borrow money so we can dash money during election in the guise of to soft loans. Same government spent billions to train less than five hundred people in phone repairs?
You were even the one that spoke I'll about borrowings by saying it's not used "pay salaries"
Subsidy Buhari said never existed is suddenly gulping billions and still petrol sells for over 200
Anyway there's no helping you folks. For your information, I'm never a PDP fan. In fact I voted Buhari the first time and I regret that decision ever since I mentioned the loans to pay salaries because that was what PDP borrowed to do. Even Okonjo Iweala raised an alarm about that. Buhari borrows for infrastructure and not for frivolous things such as what PDP did. Imagine the biggest economy in Africa with no airline of our own and no railways of our own PDP in the name of privatization killed the Nigerian railways and also killed Nigerian airways. Buhari is bringing all of that back and you are still complaining about his very visible infrastructural drives. Shouldn't you rather be cursing those who had the means in their 16yrs but NEVER did anything except destroy the little we had thus setting us back by several years? |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 8:35am On May 01, 2022 |
michlins: Buhari has never borrowed to pay salaries but he's constantly borrowing. Borrowed more than all the previous administration in Nigeria. You will mention rails as the dividend of the borrowings. Same rails bandits has turned to recreational site. What's the debt profile of Nigeria? Does it occur to you that when divided by our population, our debt is almost 200k for every individual. This is a country which has the most number of people living in poverty.
Have you ever priced the cost of basic materials like rice, wheat, flour and cement which matter to ordinary citizens? How do you defend such nonsense? Since the creation of Nigeria, when has cement sold for over ₦4,000?
You said you don't want to talk about the exchange rate? Same Buhari promised to make it same as dollar as campaign promise. For the first time ever, Naira is exchanging for ₦500+. I know it doesn't bother you but as a young entrepreneur like me, it's a business killer. Sometimes it feels like I should sell off, and just japa from this country cause it's not easy at all.
Tell me the best thing you think Buhari has done for Nigeria and let's compare with previous administration (s) The simple reason why he is massively borrowing is so we can catch up fast on our infrastructural deficit which if PDP as a matter fact had aggressively pursued during their useless 16yrs in power, Buhari would not be borrowing for that now. There was basically no infrastructural drive during the years of PDP. Instead the little infrastructures Nigeria had were cornered by their cronies in the name of privatization and then destroyed. Debt is heavily needed for growth or infrastructure. This was and still remains the driving force for the biggest economies in the world like USA, China and the rest of them... What any country makes as IGR is NEVER ENOUGH to leverage from and build infrastructure. If they did that with their IGR they would go broke which is why they consolidate through debt and this is what Buhari is doing. As long as we have the wherewithal to repay the debt we remain credit worthy. Let me break it down to you in a way you would understand. You work in a company and your salary is 100k a month but you wish to own your own house and stop being a tenant... Minimum cost for a house is 5mil (as an example) You pay bills and feed from your 100k so would probably have 40 to 50k left over after bills and feeding every month. Due to yearly inflation rise, a house of 5m this year could become 7m next year and before you can even buy a 5mil house you would need to save up your 50k for 8yrs but due to inflation you may never be able to do this. What do you do? You take out a mortgage or a loan (both are loans anyway) You utilize that debt to catch up with your need because the loan facility gives you the ability to pay back in 20yrs at a fixed rate. This solves your problem nicely. Do you now understand why and how debt is important during the time of growth? |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 8:04am On May 01, 2022 |
obynzo: You really don't know what infrastructural drive is. To be sincere it is the existing Federal structures like the ports that still drive Lagos. Which infrastructure has driven Lagos economically that the Lagos state government has commissioned? Nothing is it the rail line that has exceeded a decade and not yet complete? Or is it the Lekki toll that is a deliberate enterprise to enrich the powers that be in the stare that for many years they deliberately refused to build alternative roads to VI because of greed and forcing people to use the toll gates thereby causing hardships on the road. Please be honest and show me the infrastructure that has spurred growth Lagos IGR even in Military era was always High so stop all these propaganda. People know the truth which you yourself know. So my Yoruba brother pretending to be igbo, Ogbeni you know nothing. Afo anu is calling me Yoruba  When your fellow Igbo man does not support you he automatically is either labelled a sabo or an ofe mmiri (Yoruba) Nwokem zuzurugi daba n'ime ohia. No be only Yoruba brother pretending to be Igbo. Anuohia |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 8:01am On May 01, 2022 |
michlins: if you guys knew where Anambra was coming from by the time Peter Obi took over, you wouldn't be saying this.
There were backlog of salaries for civil servants. I wasn't able to go to school for a whole year because mbadinuju didn't pay salaries. So Ngige and Obi were clearing that up.
Buhari is completing his eight years, how many ports did he build with all the loans. How about security which is the primary function of any government. Economy nko, he was handed over the biggest economy in Africa with a very large GDP, how are we faring. The exchange rate nko and general cost of living.
Please you guys should stop talking nonsense At the moment Nigeria is the biggest economy in Africa with over $521 billion USD in GDP. Nigeria stands at number 28 in global GDP ranking ahead of Austria, Israel, UAE etc. Nigeria's economy is growing faster than many countries in the top 28. This same Buhari you love to hate has never borrowed to pay salaries EVER! He has opened up the ports in the South and several inland dry ports across Nigeria. I wouldn't want to go into the issues regarding the exchange rate because I seriously doubt you have the facilities to comprehend it |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 7:28am On May 01, 2022 |
BritishNaija: Rational statement indeed. Please do not be ignorant of what Peter Obi did. For a starter, Peter Obi linked all the towns in Anambra with major roads. Headbridge in Onitsha up the way to Army barrack was neglected for a very long time, and nothing to write home about, But Peter Obi did the needful. Although I do not expect you to know all these because you have never visited Anambra and will never know what I'm talking about. Everything should not be about politics. And this is the CV he is pushing forward to rule Nigeria with? Nna men udi nonsense bu nka?  |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 7:26am On May 01, 2022 |
Multiplier7: But the same EU and USA are still buying the Russian oil secretly but blames India for doing same. USA stopped all oil purchase from Russia since April 12th. EU are phasing out theirs just like the OP said. Las Las Russia go chop breakfast |
Politics › Re: European Union Set For Russia Oil Embargo, Turns To Nigeria, Others For Supply by Igbofam: 7:24am On May 01, 2022 |
Bluntguy: Put up the statistics of the most indebted states in Nigeria and you will find your Lagos in number one position with billions of dollars debt. It's your thieving god with his cocaine addiction that put you in that position and you wickedly want to rig him in as the country's next president. You are one of the pee poo your pee poo president will govern in your pee poo republic come 2023. Nwokem you don't have sense. We have seen the infrastructural drives in Lagos which was driven mainly through debt until her IGR skyrocketed This we have seen over the years. Where were the infrastructural drives in Anambra during the time of that talkative Chigerian Peter Obi? |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 11:09pm On Apr 30, 2022 |
[s] anonymous1759: You’re too dull man. Sanction is sanction that’s what I’m telling you. Russia is still better with her sanction because of her resources and economic influence. Russia is not landlocked no country has sanctioned Russia completely even the chief pioneer USA still buy her fertilizer so what’s your point.
The busy busy Poland still buy Russian gas via Germany so what’s the fuss ? When the ruble was weaken at the beginning of the sanctions you jeered that before may naira will be valuable than rubble now that Russia mandated her gas to be paid in Rubel to make the currency stronger it’s not useful anymore funny deluded things.
I don’t know who else the west will send to beg India. The west shot her self and miscalculated with those economic sanctions. No sensible Country will store her foreign reserve in dollars again because of western threat unless their eternal Lap dogs. The BRICS has come to stay .
You can get away when you sanction a small country not a super power . The west have lost it. I see Brazil , Saudi , turkey Pakistan etc following the part of Russia and China nobody wants to remain a slave to dollar dominance. Let foreign countries buy Nigeria gas and petroleum in Naira. Gadaffi was right [/s] |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 9:37pm On Apr 30, 2022 |
anonymous1759: Ogbeni Goan and rest you’re lost you’re neither smart nor intelligent. North Korea and Iran are the most sanctioned country in the world before Russia invaded Ukraine they’ve been there for years heaven did not fall . Which one you’re saying North sanctions should not be compared to Russia. Please What’s the difference between North Korea sanction to that of Russia? Its either you cannot read or you seriously lack the ability to read graphs. I would believe you have a problem with both. Your graph clearly said RUSSIA IS NOW THE MOST SANCTIONED COUNTRY IN THE WORLD. AT THE BOTTOM OF THE GRAPH YOU CAN SEE 2K 4K 6K MARKINGS. EACH REPRESENTS SANCTIONS IN THOUSANDS. RUSSIA IS ALMOST AT 6000 SANCTIONS WHILE NORTH KOREA IS AROUND 2000 SANCTIONS AND YOU STILL ASK ME "WHAT IS THE DIFFERENCE BETWEEN RUSSIAN AND NORTH KOREAN SANCTIONS"? You are a dullard.
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Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 8:45pm On Apr 30, 2022 |
anonymous1759: Oga nothing will happen if Iran and North Korea can survive sanctions for years how much more Russia you guys should just take a pause and reason Haba. With China and India on Russia side that’s close to 3.billion population how many are in the world ? Brazil , South Africa , turkey , Pakistan, Venezuela etc are in good terms with Russia . The world is not a unipolar system that’s what Russia is fighting for. Now it's clear that you are waste of my good intellect. Comparing the sanctions on Russia to those on Iraq and North Korea just shows you are eons away from actually being smart. |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 6:47pm On Apr 30, 2022 |
anonymous1759: Your analogy is flawed Oga . Is Russia isolated? Four Europeans countries are still patronizing them via the rubble account payment . Poland that refused to pay In rubble are considering buying from German which still patronize Russia . China and India are still doing business with Russia . Even Norway that banned Russia ships didn’t banned their fishermen .
America has not banned Russia fertilizer from the last time I checked. Your analogy will make sense if Russia is completely isolated. The war has weaken the entire Europe and the west in one way or the other. Both parties are on par . You still don't get it. The reality will catch up with you in due time. Experience is clearly the best teacher for your kind |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 6:22pm On Apr 30, 2022 |
anonymous1759: Why are you pained oshi Ruble is already accepted in China , India these two countries are bigger than the entire Europe that’s why Eu and the entire west are queueing in India begging them do Ditch Russia gas payment in Rubes they know China is a lost cause .
I guess their visit to Venezuela and Saudi didn’t yield any meaningful result. America has the highest inflation rate for over 40yrs you don’t remember to mention that one . When the rubble was down you used that to downplay Russia’s economy now that the rubble is back it means nothing you guys are deluded aswear.
Petrodollar dominance is on a brink of collapse that’s the west are peeing on their pants. Every country should trade on her currency to balance trade. You own a car which has a full tank of Petrol You use it everyday and as you use it the full tank of petrol keeps depleting and every petrol station you drive into refuses to sell petrol to you. What do you think would eventually happen to the fuel in the car and to the car? If you can understand the above analogy you can then understand why if Russia goes on an all out war she would be crippled within weeks in the face of sanctions. The rest of your write up above wouldn't stop the analogy I just gave you from happening |
Foreign Affairs › Re: The Guardian View On Putin’s Nuclear Threats Russia Is Losing In Ukraine by Igbofam: 5:49pm On Apr 30, 2022 |
anonymous1759: Story story no be only 20,000 Na 200,000,000 keep on believing stories. Don’t believe what you see or hear completely from both western and Russian media they’re both biased to an extent. Study the body language of both Russia ,Ukraine And the west to know who’s winning . Incidentally even the Russian press confirmed this figure  They leaked the minutes of their meeting with the current Russian general overseeing the war and their figures for Russian deaths and wounded were within more or less 200 of Ukrainian figures. They later deleted the post and claimed their website was hacked  You are not smart at all |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 5:46pm On Apr 30, 2022 |
[s] anonymous1759: What are you saying ? Can’t you guys do you own findings ? How’s Russia economy crumbling? Rubbles is higher after the sanctions came rolling out.
You see ehn this war will expose the weakness of NATO. US is just interested to in-debt Ukraine. Weapons are being Destroyed by Russians, Ukrainians are being killed no sign of victory yet your debts are pilling, your city is destroyed Russia ruble is gaining momentum. I pity Taiwan same fate will befall them . I always tell people NATO is only strong when dealing with weaker nations.
USA, Canada, Uk , France , turkey , etc Are the power horse of NATO the remaining are more like boysscout. Turkey and France are not reliable from their body language only these 3 , Uk US and Canada can really fight with each other. That’s why NATO can’t act funny with a big boy like Russia or China . Most of these European countries are like Lagos whenever i hear NATO with a number of 30 nations I laugh . If not one thing Nigeria can take on like 5 -6 NATO countries excluding USA, Canada, uk Germany but Nigeria is not serious . [/s] A lot of you definitely cannot reason right. Where can Russia spend her rubles? It's only inside Russia that the Rubles is worth anything. Russia is actually falling apart and I know you don't like that. Her foreign reserves just dropped by $5b and her oil production dropped by 17% The facade of strength that Russia is putting up is just for a time. You think it's easy to have a financial war chest of about $700b but cannot spend it due to sanctions? I dare them to go to war |
Foreign Affairs › Re: The Guardian View On Putin’s Nuclear Threats Russia Is Losing In Ukraine by Igbofam: 5:42pm On Apr 30, 2022 |
Discombulator: Uncle wey Mumu over 2000marines surrendered in mauripol, weren't they fighting for Thier lives Some of you are simply daft. So Mauripol is now the entire Ukraine when Russia has suffered over 22000 deaths to her military with close to 40000 wounded |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 4:57pm On Apr 30, 2022 |
ken6488: Lol Russia literally has all the raw materials it needs
I suggest you go read about Russia geography They actually don't. They have shut down their major armoured tank manufacturer due to lack of chips and raw materials. Weapons is not just steel. A lot goes into making missiles, tank or other high tech weaponry which is what gives any military an edge and not just Kalashnikovs. You are talking about Russia's geography when we are talking about technology transfer.
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Foreign Affairs › Re: The Guardian View On Putin’s Nuclear Threats Russia Is Losing In Ukraine by Igbofam: 4:51pm On Apr 30, 2022 |
Dalil8: You think?
They have nearly the whole of eastern Ukraine under control but you think they're losing? Well we'll see...
They don't. Yes they are losing because the Russian military are confused and due to the traditional links between Russia and Ukraine and the fact that many Russians have Ukrainian blood in them and vice versa this sharing relatives, the Russians as the aggressors are demoralized. Ukraine is fighting for her land so are not demoralized. They are fighting to live while Russia is just fighting based on a confused set of orders |
Foreign Affairs › Re: Vladimir Putin Set ‘to Declare All-out War On Ukraine In Days' by Igbofam: 4:43pm On Apr 30, 2022 |
ken6488: I wonder why Putin is slowing things down Would you like to join the Russian army so you can speed things up for him? With the massive array of sanctions against Russia Putin cannot afford an all out war because he would be crippled within weeks. No chips or Rae materials for new weapons development and roll outs. He would basically be placing himself inside a pressure cooker and cooking himself to death |
Foreign Affairs › Re: International Politics Experts In Nairaland by Igbofam: 2:17pm On Apr 29, 2022 |
VictorUSA: Igbofam what qualification do I need to be eligible to register? Is there any form of test/exam to take in order to be considered as a candidate?
Thanks! A broker first of all is any person engaged in the business of effecting transactions in securities for the account of others. Unlike a broker a dealer acts as a principal. A dealer is any person engaged in the business of buying and selling securities for his own account, through a broker or otherwise. A broker-dealer means you can function as both but the key requirement generally is that you must Register with the SEC (Securities exchange commission) in the USA. Whatever else you need can be found in the link below https://www.finra.org/registration-exams-ce/broker-dealers/how-apply |
Foreign Affairs › Re: International Politics Experts In Nairaland by Igbofam: 1:51pm On Apr 29, 2022 |
ObamaMessi: Thanks...my immense respect.I would like to have a clue about FINRA, if you can drop some information.Thanks. FINRA means "The Financial Industry Regulatory Authority" It is a government authorized organization that oversees U.S licensed broker-dealers. Takes a lot of work and detailed paperwork to become one but once you do, it unlocks a lot of doors. Once you are a FINRA broker dealer, International brokerage deals look for you and not you looking for them. Especially deals from outside USA trying to enter the US market or vice versa |
Foreign Affairs › Norway Shuts Borders, Ports To Russian Goods, Exempts Fishing Vessels by Igbofam(op): 1:33pm On Apr 29, 2022 |
OSLO (Reuters) - Norway will close its borders and ports to Russian trucks and ships, joining sanctions imposed by the European Union over the war in Ukraine, the Norwegian foreign ministry said on Friday. Russian fishing vessels, which often land their catch at ports in northern Norway, will receive exemptions from sanctions. Norway's Arctic Svalbard archipelago, which operates under a 1920s treaty allowing expanded foreign access, will also be exempted, the ministry said. (Reporting by Terje Solsvik, editing by Gwladys Fouche) https://www.usnews.com/news/world/articles/2022-04-29/norway-shuts-borders-ports-to-russian-goods-exempts-fishing-vessels
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Foreign Affairs › Re: International Politics Experts In Nairaland by Igbofam: 1:23pm On Apr 29, 2022 |
ObamaMessi: Actually, it was not arranged in a chronological order. I'm also deeply honoured.I admire you for your great knowledge on international politics. I admire your avid interest in such a field. You have my respect. |
Foreign Affairs › Re: International Politics Experts In Nairaland by Igbofam: 1:15pm On Apr 29, 2022 |
Botlord: Remove VictorUsa, God1000, Igbofam, plaindealer... They know nothing.. Add Drenmarnicus or something like that... Don't be a wet blanket, we can disagree to agree. However I pride myself in international politics especially as someone who is a registered FINRA broker-dealer (US licensed) I need to politically know my way around in order to vet and meet with each individual brokerage demand. We walk a fine line.  |
Foreign Affairs › Re: International Politics Experts In Nairaland by Igbofam: 1:13pm On Apr 29, 2022 |
ObamaMessi: Here are the international politics experts in nairaland.I've been observing their posts and noticed that they are good in world affairs.They knows much about international politics than an average nairalander(in my opinion).
Some are pro-West, others are pro-Russia while few are neutral.
Here is the list:
Igbofam
VictorUSA
Svlla
joyandfaith
sunboy
baretalk
RedScorpion
baralatie
God1000
Teaser4
sapientia
Plaindealer
Appleyard
rottennaija
seunny4lif
bn365
You can as well add any moniker you feel deserved to be on the list. I am deeply honoured I actually topped the list. I wonder how come?  |
Politics › Re: Nigerian Govt Mulls Creation Of New Ministry Of Defence by Igbofam: 10:16pm On Apr 28, 2022 |
cejaypriesty: So because ASU went on strike during PDP era more than they are doing during APc rule makes it a good thing?
The way you lot reason sometimes I wonder what is wrong .
We are talking about making our leaders provide more services to the masses and you talking about party politics . You talk like ASUU strikes began in 2015. The way you reason needs to be looked into critically. PDP had 16yrs to get it right regarding ASUU but they failed woefully at this and eventually left it for APC to inherit and so far APC has been able to seriously cut down on the number of strikes and this shows they are doing something very right and are working towards a lasting solution. However your brain could not appreciate this and thus you focused in on APC as if you were born in 2015 |
European Football (EPL, UEFA, La Liga) › Re: Manchester United Vs Chelsea (1 - 1) On 28th April 2022 by Igbofam: 8:24pm On Apr 28, 2022 |
Commentator just said that ManU needs beating because they are setting a very bad example to the young ones regarding football  |
Politics › Re: Nigerian Govt Mulls Creation Of New Ministry Of Defence by Igbofam: 11:56am On Apr 28, 2022 |
iCauseTrouble: Any student that will still vote for APC in the next election is just not serious about his / her future. This APC government have normalised University strike and nobody seems to be bothered. I pity all these youths anytime I see them sitting at home Throughout PDPs tenure ASUU went on strike a record 14 times. Almost every year during the PDPs 16yr rule.
They have only gone on strike 4 times during APCs 8yrs but somehow APC is the problem of your confused soul |