Ikaeniyan0's Posts
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Usmanovic95:It's just some of you guys that do give yourself headache about tinubu. His name is Bola Ahmed Tinubu from Osun state, his cousin was the past governor of Osun state. There's no controversy about his name, state of origin, source of income and certificate he attained from CSU. Even CSU have come out time without number to claim he attended and graduated their school. It's just guys like you that have refuse to give yourself peace of mind about tinubu matter. |
Curious346:You must be a small boy under the PDP rule. Nigeria was not prospering between 1999 and 2015. Things were hard, but just harder now. There were people like you in the 2000s who were claiming things was better in the 90s and 80s compared to the 2000s |
Emekaphilip360:He sent it through the official channel. The black market rate is $/#1010 |
BloomingDale:Did anyone claim they are Fulani? |
Usmanovic95:What webs of lies has he being able to unravel? List them out |
spiSeyi:He also removed his boss through a coup. So far he does not handover, there will still be more coups |
Let the deputy governor explain how he spent this money. He can't just be claiming witch hunt without clearing the accusations against him. |
Atiku is wasting his time No new evidence will be accepted by the supreme court. |
I do not believe marley or marlians killed mohbad but he was oppressed by them because of his contract issue May Imole soul keep on RIP |
JOemmy:The supreme court will agree with the judgement of the tribunal, and heavens won't fall. Atiku and obi have no case |
Lucksmith:why did you feel the stats by NBS is wrong? Nigeria is producing this massive amount of soya milk yet, no indigenous company can create a drink like vita milk |
Is now 1k per kg |
inoki247:And there were still valuables in some of the buildings when they were destroyed. Thonyboy: |
Thonyboy:Just imagine is happening in Lagos The Governor claimed to have paid the people whose buildings will be destroyed, why were some people shedding tears again? ![]() Some buildings still have valuables in them sef |
Covenant have come of age |
Max24:I wander how awful some of them life is for them to be this filled with hatred |
Nigeria needs 50 Dangotes, Otedolas, and BUAs to compete with other economies, says Senator Africa’s largest economy needs 50 Dangotes, 50 BUAs and 50 Otedolas to compete around the world. Senator Wadada disclosed this during the Senate screening of Dr. Cardoso for possible confirmation as the next CBN Governor. Monopoly has long been a hindrance to Nigeria's rapid economic growth. A Nigerian Senator has said that Africa’s largest economy needs 50 Dangotes, 50 BUAs, and 50 Otedolas to compete with other economies around the world. He disclosed this during the Senate screening of Dr. Cardoso for possible confirmation as the next CBN Governor. Senator Ahmed Wadada Aliyu explained that Nigeria possesses significant human capital potential, and additional policies are needed to facilitate growth and development. He explained that there were two areas he wanted to address, with one being the issue of monopoly. “Monopoly stifles growth and development. What is your team ready to do in collaboration and synergy with your colleagues on the fiscal side to ensure that monopoly is done away with in the system?” “Because of Nigeria's potential, we are supposed to have nothing less than 50 Dangotes competing around the globe, 50 BUAs, 50 Otedola, and more,” he said. He argued that any developments in this matter are primarily associated with the central bank, which serves as the central core in collaboration with the fiscal sector of the economy. Monopoly has long been a hindrance to Nigeria's rapid economic growth. Some business magnates, including Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu, recognised as three of Nigeria's most prominent billionaires and industrialists, controlling the cement, food manufacturing, and power sectors have been faced with allegations of enjoying certain economic advantages that would typically not be accessible to other business players. ADVERTISEMENT In the cement industry, high cement prices are linked to a perceived monopoly involving three major players: Dangote Cement Plc, the BUA Group, and Lafarge Africa Plc. Nigeria has the resources and manufacturing capacity to provide cement to its citizens at much lower prices, but prices remain high. Nigerian cement manufacturers recently warned that the price of cement will hit $12 due to FG’s plan to introduce concrete roads. The association believes the rising cost of the commodity won't come down if the government fails to address the chains of monopoly in the sector. According to the report, Dangote’s business empire owes much of its success to governmental support, including waivers and subsidies in foreign exchange. In his most recent venture, the massive Dangote Refinery and Petrochemicals, the Nigeria National Petroleum Company Limited (NNPCL) holds a 20 per cent stake. In developed economies such as the United States and the United Kingdom, antitrust laws are established to encourage fair competition and deter the accumulation of market dominance. Wadada also advocated for the inclusion of the informal sector into the mainstream of the economy. He also proposed that 60% of the population, primarily comprising youth, should be incorporated into the mainstream of the economy to facilitate Nigeria's economic growth. https://africa.businessinsider.com/local/markets/nigeria-needs-50-dangotes-otedolas-and-buas-to-compete-with-other-economies-says/kjgypky |
Skyview01:Yes |
'Europe will do whatever it takes to keep its competitive edge,' von der Leyen says The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union producers against cheaper Chinese electric vehicle (EV) imports it says are benefiting from state subsidies. "Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies," European Commission President Ursula von der Leyen said in her annual address to the bloc's parliament, seen by many in Brussels as a pitch for her reappointment for a second term. The Commission will have up to 13 months to assess whether to impose tariffs above the standard 10% EU rate for cars in its highest profile case against China since an EU probe into Chinese solar panels narrowly avoided a trade war a decade ago. The anti-subsidy investigation covers battery-powered cars from China, so also includes non-Chinese brands made there, such as Tesla, Renault and BMW. It is also unusual in that it is brought by the European Commission itself, rather than in response to an industry complaint. The Chinese Chamber of Commerce to the EU said it was very concerned and opposed to the investigation's launch and that the sector's competitive advantage was not due to subsidies. It urged the EU to look at Chinese electric vehicles objectively. Tensions between China and the EU have been growing, partly due to Beijing's closer ties with Moscow after Russia's invasion of Ukraine. The EU is seeking to reduce its reliance on the world's second-largest economy, particularly for materials and products needed for its green transition. European carmakers have realized they have a fight on their hands to produce lower-cost electric vehicles and erase China's lead in developing cheaper models. Chinese EV makers, from market-leader BYD to smaller rivals Xpeng and Nio, are stepping up efforts to expand overseas as competition intensifies at home and domestic growth eases. China's auto exports surged 31% in August, China Passenger Car Association (CPCA) data showed. The European Commission said China's share of EVs sold in Europe has risen to 8% and could reach 15% in 2025, noting prices are typically 20% below EU-made models. Popular Chinese models exported to Europe include SAIC's MG and Geely's Volvo. Shares of Chinese EV producers fell after the EU announcement. BYD shares, which were trading 4.5% higher before the news, closed down 2.8%, while Nio fell 1% and Xpeng dropped 2.5%. Shares in Europe's carmakers -- Volkswagen, BMW and Mercedes-Benz and Stellantis -- got a brief, early boost on the news before erasing much of the gains. VW was up 0.2%, while Stellantis was down 0.2% at 1415 GMT. The influx of cheaper Chinese electric vehicles has already prompted some European carmakers to take action. Renault announced in July that it aimed to slash production costs for its electric models by 40%. Like other EV makers, it also faces increased pressure from U.S. rival Tesla, which has cut prices several times this year even as that has eaten into its margins. But Germany's VDA auto association said the EU must take into account a possible backlash from China and focus on creating the conditions for European players to succeed - from lowering electricity prices to reducing bureaucratic hurdles. Germany's car industry relies on China for a large proportion of its sales revenue and has long advocated keeping trade doors open. Von der Leyen stressed the importance of electric vehicles to the EU's ambitious environmental objectives. "Europe is open to competition. Not for a race to the bottom," she said, noting the EU did not want to repeat the experience of its solar panel industry, which was decimated by cheaper Chinese imports. "This is the start of a long journey," said analyst Simone Tagliapietra of think tank Bruegel. "It could ultimately work, but this must go in parallel with an active industrial policy to make sure EU industry quickly develops its competitiveness." Chinese state subsidies for electric and hybrid vehicles were $57 billion from 2016-2022, according to consulting firm AlixPartners, helping China become the world's biggest EV producer and to pass Japan as the largest auto exporter in the first quarter of this year. China terminated a generous 11-year subsidy scheme for EV purchases in 2022 but some local authorities have continued to offer aid or tax rebates to attract investments, as well as subsidies for consumers. The EU investigation is looking at a broad range of possible unfair subsidies, from prices for raw materials and batteries, to preferential lending or cheap provision of land. The founder of Nio warned in April that Chinese EV makers should brace for the possibility that foreign governments would impose protectionist policies. He estimated his company and Chinese peers had a cost advantage of as much as 20% over rivals such as Tesla thanks to China's grip over the supply chain and raw materials. Kingsmill Bond, senior principal in the strategy team at the Rocky Mountain Institute, said Chinese producers in 2022 benefited from EV battery prices of $130 per kilowatt hour against a global price of $151. https://asia.nikkei.com/Politics/EU-to-investigate-flood-of-Chinese-electric-cars-weigh-tariffs |
adamma24:I know I was just asking the guy I quoted for him to be sure of what he's saying |
Bakrabas:Kentucky Fried Chicken is a South Africa fast food restaurant? |
Max24:Coups is one of the reason Nigeria is this backward. Ghana economy have never been better than that of Nigeria. |
Belial06:You're not a bini man Stop lying to yourself bobo |
LordKushmann:Please point to where I bashed igbos in my post I'm waiting |
Franzinni:he was caught by the youths in the community he's hiding |
Abagworo:Even Wike himself have come out boldly to state he's not an Igbo man but an ikwerre man, but an unknown person like you want to be telling me who Wike is ... Is this a joke 😂 You're the one who knows who wike is, wike does not know who he is Well, I don't expect much from a hypocrite like you. |
Abagworo:Hypocrites like you disgust me You saw Belial06 hateful comment that's on the first page This is Belial06 comment below Belial06:I won't be shock if you're one of the people who liked the comment But look at my comment below Ikaeniyan0:And you have the mind to accuse me of hating on igbos and Wike... Is this a joke or what please? You're not just a hypocrite, you're a very horrible and wicked person. |
Ikaeniyan0: |
Abagworo:Lol Do you agree you're a hypocrite? You saw the guy comment I quoted, you saw nothing wrong about it, but here you are, accusing me of hating igbos and Wike even though I never used any hateful words against the igbos nor Wike I don't hate Wike neither do I hate igbos. You're a very horrible person. |
Obi2saveNigeria:Who's celebrating it? You're not happy the restaurant was opened in Ibadan. |
I hope American fast foods won't run Nigerian fast food out of business with the way they are expanding across Nigeria. Coldstone/Domino, KFC and now Burger King |
HIGHESTPOPORI:He won it on twitter |
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