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Celebrities / Re: Nine Prominent Yoruba Actors, Actresses Who Are Non-yoruba by jeebz: 8:44pm On Jul 15, 2020 |
felifeli:. Ibrahim Chatta is part Nupe as well. 1 Like 1 Share |
Gaming / Re: Football Manager 2020 / Football Manager Mobile 2020 Thread by jeebz: 5:15am On May 14, 2020 |
Does anyone here watch any YouTube streamer? |
Foreign Affairs / Re: Thousands Rally In US Against Coronavirus Lockdown Restrictions (Photos) by jeebz: 6:38am On Apr 21, 2020 |
Staphylococcus:When he restricted flights from China, he was called Xenophobic. Even the media downplayed it, WHO said there is no person to person transmission. I tell you, handling a pandemic in a. Country like the USA is no mean feat, given the nature of the country and the fact that you don't want to come across as authoritarian. 4 Likes |
Politics / Re: Are There Any Economic Implications Of Sharing Money To Nigerians This Period? by jeebz: 6:49am On Apr 13, 2020 |
Heyzee5: You deserve one chilled bottle of kunu for this question. If the stipend is just monies currently in the banks/system, then it may not necessarily lead to inflation. However, if the government does Quantitative easing by printing and injecting new monies into the system then inflation is possible. Another possibility is artificial inflation when the economy resumes as prices may be hiked to make up for lost income. 1 Like |
Politics / Re: Are There Any Economic Implications Of Sharing Money To Nigerians This Period? by jeebz: 6:46am On Apr 13, 2020 |
Dshocker: Actually, stipends can cause inflation if it is just monies printed from thin air as against monies in the government reserve. |
Politics / Re: President Buhari Should Pay Each Nigerian N50k- Yul Edochie. Set Up Challenge by jeebz: 9:55am On Mar 31, 2020 |
mrvitalis:Bro, your comment was ambiguous. If you are backing up my pint then more power to you. I was indicating if the president wants to share 100k to all Nigerians today,he can and people will celebrate him for it. However, the ripple effect will be crazy especially with inflation going into overdrive given the fact the production levels are dropping due to the isolation and stay at home orders. Why Can't the Government Just Print More Money to Get Out of Debt? https://www.aarp.org/politics-society/government-elections/national-debt-guide/faqs/why-cant-government-print-more-money.html |
Politics / Re: President Buhari Should Pay Each Nigerian N50k- Yul Edochie. Set Up Challenge by jeebz: 9:45am On Mar 31, 2020 |
mrvitalis:Hold up, do you have challenges with reading. I made a point and provided a counter argument to the point. A government can print money it does not have if such currency is not tied to anything such as gold or precious metals. Printing money always usually leads to inflation since you aren't matching the money with goods and services. 1 Like |
Politics / Re: President Buhari Should Pay Each Nigerian N50k- Yul Edochie. Set Up Challenge by jeebz: 9:42am On Mar 31, 2020 |
GamalNasser:That's the point I made, you wouldn't print money due to the cons outweighing the pros. The Federal Government will not deplete the little foreign reserves neither will it try to print money giving the rapid inflation currently in the country. |
Politics / Re: President Buhari Should Pay Each Nigerian N50k- Yul Edochie. Set Up Challenge by jeebz: 8:58am On Mar 31, 2020 |
GamalNasser:Actually the Nigerian government can do it but it would come at a cost. Just print more money and credit accounts while we suffer for it in future. Printing money in ways such as this leads to hyperinflation. |
Politics / Re: Soyinka Reacts To COVID-19 Lockdown: 'We Are Not In War Emergency' by jeebz: 1:54am On Mar 31, 2020 |
The professor is asking the right questions. Buhari is setting a precedent here, with respect to declaring the restrictions in 2 states. I believe that the outcome may be different if the two states affected had governor's from a different party. |
Politics / Re: Regional Security Is Illegal: How Amotekun Should Operate by jeebz: 9:42am On Jan 20, 2020 |
wowcatty:I am fully Yoruba, but I want this to move beyond amotekun to a full blown state/city police. Let's take an example of a similar regional setup, Ladoke Akintola University. We all know the struggles of finding and others issues that have bedeviled the university co-owned by Oyo and Osun states. The regionality should only be needed in the area of collaboration for interstate issues. P.S: There are a few things the governors should have done before launch including passing legislation providing the modus operandi and logistics of the outfit. This would be needed in the event of a lawsuit by both the Federal Government and any other "aggrieved" parties. Even the criminals arrested may counter sue stating the outfit that arrested them is "illegal". We have to be forward thinking and not just think in the interim. |
Politics / Re: Regional Security Is Illegal: How Amotekun Should Operate by jeebz: 9:33am On Jan 20, 2020 |
Conner44:Source |
Politics / Re: Regional Security Is Illegal: How Amotekun Should Operate by jeebz: 5:11am On Jan 20, 2020 |
FriendNG: This is the way to go. Not only legally but operationally. By making it a state based outfit, the governor of the state will be held responsible, also the operations in terms of salaries and equipment may differ across states. Lagos State may decide to pay 40k while Oyo state may decide to stick to minimum wage. 1 Like 1 Share |
Politics / Re: Adebanjo, Okunronmu, YCE Tackle Tinubu Over Silence On Operation Amotekun by jeebz: 1:17am On Jan 20, 2020 |
WiLdFLame:I mostly agree here, let each governor move a bill to the state house. Then, modalities for interstate collaboration can be make subsequently. |
Politics / Re: Mr Malami's Bias: If Amotekun Is Not Legal, Who Legalized This? - Pictures by jeebz: 1:11am On Jan 20, 2020 |
ITbomb:The challenge is the pseudo-regional structure of amotekun. Each of the 6 states should have separate units with some form of headquarters. By making it states based, each governor can cater to the different needs of each state while the hq can handle information and strategy for interstate crimes and disputes. 2 Likes 1 Share |
Politics / Re: I Hope Nigerians Are Watching CNN Now? Global Energy Challenge by jeebz: 5:55am On Jan 11, 2020 |
Realdeals: Renewable energy is still in its infancy and would take maybe an extra decade before it is viable. For developing economies, they do no have the luxury of spending the little they have on renewable energy/engines which are more expensive then fossil fuels. The premise of my argument is not about the US or the developed economies, it is focused on developing economies like Africa and SouthEast Asia. Going green is not an issue, paying for green is the issue. |
Politics / Re: I Hope Nigerians Are Watching CNN Now? Global Energy Challenge by jeebz: 11:04am On Jan 09, 2020 |
Anambralstson:Don't run before you walk. Fossil fuels were key in fuelling economic growth in the West and will be key to driving Africa's growth thus decade. Renewables are good but expensive . 2 Likes 1 Share |
Travel / Re: Ibadan Bound Train Crossing Kajola Bridge. A Once Deeply Forested Area. Pics by jeebz: 3:38am On Jan 09, 2020 |
0monnak0da:I will assume you are an economist or accountant with your use of financial terms. There are 2 ways to address your concerns and I have expatiated on one way which will be to treat the project as a public good with the possibility of stimulating economic growth in the southwest region. The economic growth across the 3 states will ultimately reverberate across the nation. The other option will be to strive for financial productivity in order to repay the loan, not that transport infrastructure have payback duration longer than 2 decades. As someone who is very anti-central government, I wouldn't mind the rail system taken over by Lagos, Ogun and Oyo states with the possibility of outsourcing the management to a private company. At the juncture, I rest my case |
Travel / Re: Ibadan Bound Train Crossing Kajola Bridge. A Once Deeply Forested Area. Pics by jeebz: 11:54pm On Jan 08, 2020 |
0monnak0da:Efficiency: http://theconversation.com/rail-travel-is-cleaner-than-driving-or-flying-but-will-americans-buy-in-112128 https://www.aar.org/wp-content/uploads/2018/07/AAR-Environmental-Benefits-Movig-Freight-by-Rail.pdf https://ib.deutschebahn.com/ib2016/en/group-management-report/group-performance-environmental-dimension/progress-in-climate-protection/energy-efficiency-increased/ Public Good: https://en.wikipedia.org/wiki/Public_good_(economics) This is not dogma and don't get me started on analysis or research. Let me recap: 1: I am not a fan of central/big governments, I prefer this project be owned by the 3 states it passes through and the managed be done privately. 2: Rail is far efficient that cars and flights, there are numerous articles supporting that claim. I also added, that the routes can be shared with cargo trains on a nightly schedule as obtains on some routes in the USA. 3. Many of the infrastructures (especially transport) in Nigeria are public goods in the sense that there is no real direct profitability, however these public goods create indirect profitability to the economy at large. The rail way it self can easily lead to the developments of new towns and cities in areas near the tracks. Some of the points you made are very pessimistic and I am optimistic about the growth of the country and projects such as these will go a long way into showing the rest of the country that we can make changes in out little way. 1 Like 1 Share |
Travel / Re: Ibadan Bound Train Crossing Kajola Bridge. A Once Deeply Forested Area. Pics by jeebz: 10:04pm On Jan 08, 2020 |
0monnak0da:Bro, I am no fan of government, in one of my earlier posts I recommended that the ownership be transferred to the 3 states that the rail crosses. Productivity will increase since rail is the most efficient means of transport. I don't have to worry about traffic or pot holes etc. Profitability is a catch 22 situation, very few rail lines globally are close to been profitable, hence why I suggested the term Public Good. Privatization may be a good option for management only and not ownership. 1 Like 1 Share |
Travel / Re: Ibadan Bound Train Crossing Kajola Bridge. A Once Deeply Forested Area. Pics by jeebz: 7:13am On Jan 08, 2020 |
0monnak0da:Yes, cargo trains and passenger trains can share the same track as obtains in the USA. Also, with respect to profitability, some projects can be run as a public good without the prospect of any profits in near future. However, Nigeria as a nation will profit through indirect means since it will improve general productivity of the SouthWest region. 5 Likes 2 Shares |
Travel / Re: Ibadan Bound Train Crossing Kajola Bridge. A Once Deeply Forested Area. Pics by jeebz: 3:23am On Jan 08, 2020 |
0monnak0da: Cargo trains can use the rails at Night. 3 Likes |
Politics / Re: The Bishop Oyedepo N650 Million Road Construction Vs Federal Government! by jeebz: 3:15am On Dec 30, 2019 |
Vanhooijdonk:Namibia is smaller than Nigeria, it is more arid, plain, less populated. These factors are important in road construction and maintenance. 3 Likes 2 Shares |
Politics / Re: Lagos 4th Mainland Bridge: 39 Companies Express Interest In Constructing It by jeebz: 6:40am On Dec 26, 2019 |
9jaRealist:I want to agree with your summary, I just feel that tolls should not be too much to cause a huge dent in pockets. O Also, the alternate routes should be developed as well. |
Politics / Re: $600m Steel Plant Will Be Nigeria’s Highest Non-oil FDI – Gupta by jeebz: 4:58am On Dec 25, 2019 |
slimderek:It's private so we expect it to happen. 20 Likes |
Crime / Re: 13 Shot At Chicago Memorial For Shooting Victim by jeebz: 7:17pm On Dec 22, 2019 |
Racoon:Gun control law for what? Shouldn't they rather solve the underlying issues of lack of opportunities and lack of fatherly leadership in the inner cities? Do you think criminals care about laws? Cure the sickness not the symptoms. |
Politics / Re: Lagos 4th Mainland Bridge: 39 Companies Express Interest In Constructing It by jeebz: 5:56pm On Dec 20, 2019 |
This thread in spite of attempts to detail has actually been insightful. Lagos has to build this bridge given that the 3rd Mainland bridge was build over 30 years ago. Given the private funding model, I expect the toll to be implemented to give ample time for the recoup of funds maybe 20-30 years. |
Politics / Re: Sanwoolu Marks The Completion Of The Blue Line Rail Bridge by jeebz: 11:37pm On Dec 18, 2019 |
That section of the line seems to be the most difficult due to the terrain and the built up structures around. I believe that the 2021 timeline is a possibility, I just hope that it will be properly managed. |
Politics / Re: Gov. Sanwo Olu Inspects Sea-crossing Track Of The Lagos Blue Line Rail. Pics. by jeebz: 6:06am On Dec 18, 2019 |
Rossikk:Unless we sell our soul to China, it would be an uphill task to increase our budget. I really want to see this blue line kick off and hope that it will be managed appropriately. Imagine Okokomaiko to Marina in 40 mins, that will reduct the traffic along the whole axis down to Iganmu. I also agree with the fact that we are not a rich nation given our population and annual budget such that cutting salaries to the top senators and governors may not necessarily make any significant change to our spending power. |
Politics / Re: We Must Tax The Rich Mercilessly – Aregbesola by jeebz: 5:55am On Dec 18, 2019 |
Gerrard59:The challenge is Nigeria's budget is too small to do anything tangible. Using the US as an example, 13 states do not have state income tax but make that up with higher property, gas or sales tax. I would like the tax code to be revised and make it easier to capture the informal sector. On the flip side, an increase in say corporate tax may lead to higher prices of good and services. 1 Like |
Politics / Re: Zainab Ahmed: Dangote Refinery Will Save Nigeria $10bn by jeebz: 9:37pm On Dec 16, 2019 |
surgical:I am not a fan of monopolies but what is the alternative? The nation continues to bleed in the name of paying subsidies. |
Politics / Re: Zainab Ahmed: Dangote Refinery Will Save Nigeria $10bn by jeebz: 9:04pm On Dec 16, 2019 |
surgical:Kindly expatiate on this point. Remember that refineries are run quite differently from cement factories. |
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