When you come online to talk in this Information Age you should try and back your talk with data, make market comparisons and analysis before making your submissions.

grandstar:
For the past week, the country has been suffering from a severe scarcity of petrol. This is incredulous considering that the Dangote refinery is not only the largest in Africa but fully capable to satisfy the country's fuel need and have a lot for export. Nigeria should have a steady abundance of petrol, diesel and kerosene.

There's plenty of diesel and kerosene in the market. Private oil marketers are purchasing these products from the refinery directly. One at this juncture one should ask: why isn't Dangote supplying petrol to marketers directly as it does kerosene and diesel? The demand for petrol far outweighs than that of the other 2 products combined. Petrol production should have been its prime priority.

Alas it is not! Why? Because the price of petrol is subsidized. Dangote has long since said that fuel products would be sold at a market reflective price from his refinery. The subsidized petrol price isn't market reflective. Dangote would be selling at a loss if he sold at the subsidized price. His wariness to sell to marketers directly is the biggest proof that petrol is subsidized.

Petrol subsidy lovers hate the truth. The only narrative they are interested in is very cheap petrol, any other thing can go to blazes.

My cousin last night informed me that Dàngote wants to crash the price of petrol and said that's why there's scarcity. That the greedy marketers are waiting to purchase Dangote's stock when he commences selling it.

He said Dangote would probably crash the factory price of petrol to 300-400 per ltre. He said he had informed me earlier that with local production comes with it the elimination of landing cost which would in turn make the product very cheap. I honestly did not know whether to laugh or cry.

He had once warned me that if I expressed my views outside, the public beat me up.

What he fails to understand is that as long as the subsidy persist, so also the economic regression it brings with it. The outsized cost of the subsidy forces the government to borrow to fund it, either throuh costly treasury bills or the outright printing of money. This in turn puts severe pressure on the Naira value, which leads to its assive depreciation of the currency. With it comes high inflation which further impoverishes the poor , who are the most vulnerable.

You know how much your country dey owe china?

Namaster:
.
"...we went to the commission today and all the issues have been resolved..."

This is why they fuuuck with Nigerians even in Nigeria. The corruption is so PALPABLE they know that they can get away with ANYTHING.

In this shitty country, ANYTHING can be resolved with a fat enough envelope.

This issue of BLATANT discrimination against Nigerians was not investigated for up to 3 days YET FCCPC has declared it resolved and unsealed the criminal supermarket to continue with its discrimination.

ZERO consequences!

A real shame.

Waste of taxpayers money

Hello guys I want diverse perspectives on man playing God.

So there's this article on artificial womb ,where you can just put your sperm and the artificial womb machine would incubate the eggs and turn it into a baby over time a living human.

So what I discovered from the guys Twitter page were people bashing the dude saying he's trying to play God, but here's my submission.

Where do we draw the line on morality?why do I say this it's because it's cool to incubare chickens, fish and other animals it's ok to hybridize plants and many more that we consume as food and we okay with that right , so did we think in our minds when we started doing all these stuffs we were going to end at plants and animals? Now we have gotten to the ultimate stage we have become scared and apprehensive.

I think we should understand that we are in a capitalist society we would eventually destroy ourselves since we can't claim to be morally upright if we don't want it for humans but can allow it for other plants and animals.

https://twitter.com/HashemGhaili/status/1601278863514152962?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1601278863514152962%7Ctwgr%5E61fdc470cba2f452e84f2c7b586d3a7034016dce%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fh5.newsbreakapp.com%2Fmp%2F0jgimdOf%3Fcv%3D8.9.1platform%3D1hybrid%3Dtrueversion%3D8.9.1isDark%3D0fontScale%3D1.1isFollow%3D0_native_ads%3D1suppressMediaBar%3D1

Warning: Graphic Content!

According to the World Health Organization, around 300,000 women die from pregnancy complications. EctoLife artificial womb is designed to alleviate human suffering and reduce the chances of C-sections. Learn More:
https://www.youtube.com/watch?v=O2RIvJ1U7RE

#EctoLife

Pls pardon my English and typos am a Nigerian

And his smiling,who do Nigerians like this ?if someone shows you a mark of respect � what's bad in reciprocate same in like manner.

Mental health would be a booming business in Nigeria .a

Reinamaria:
Any Animal bigger, longer, or stronger than you should never be kept as a pet.

Including Woman.

Nah wah ,so Police don hungry reach the stage when dem don start to sell police station rifles.

They were taking loans and not investing neither were they attracting FDI ,what a sad situation our economy has been mismanaged.

Obi for Nigeria

Please stop the hating and prejudice mindset it would do no good, you would endup dividing the world.

BSsniffer:
Awo The Great. Proud Awoist and unapologetically Awopilled.

All is fair in love and war, even if it means starving the enemy to death.

Which Igala? Continue to deceive yourself, you have one or two Yoruba words in Igala and you feel they are Itsekiri words i have alot of igala friends mention the similar words here let's see if they aren't offshoot of Yoruba, the problem is you know nothing about yourself even if i try to correct it might not work, because you already have a fixed mindset.

emmadothings:

My language (itsekiri) is also similar to Igala what do u have to say about that

I can't argue with you, find the truth out for yourself, your language is similar to Yoruba and you are saying you not Yoruba, your king is Olu, and you dey form independent, keep deceiving yourselves, no let your papa lie for you una be Yoruba.

emmadothings:

Which book or lineage pls let me know abeg make I read and trace.. so because Ayiri 43years old and his mother who is an Illaje married an itsekiri man makes all itsekiri an Illaje or ijebu?..... Itsekiri is Itsekiri and Yoruba is Yoruba
..Benin is Benin

The title olu of warri was made possible by Awolowo, itsekiri are mainly yoruba most of them are from illaje, main Ondo and Ijebu.

Go and trace the lineage of most of them you would find out the truth even Ayiri talking there is from Akure.

My friend OEM are easy to source you can place it along side the Chinese manufacturer products, if you travel out to other countries with honest business men you would find oem shops, like Hella, Bosch etc.

mrvitalis:

The only brand new parts that are original are only gotten from companies direct

The rest come from China ...it's true all over the world not an igbo thing

Nigerians hate the truth yet they expect it from others.

Is it only in Nigeria that you have law of demand and supply?

Forget about the stories of people ran out of business most can only survive with doing shady business of selling substandard products, what stops the business man from getting original oem along side the low quality China manufactured part so the customer can make a choice based on his financial capacity, it's a no no for them if they are not making 100% profit which they get from selling substandard parts.

Do you know some people still prefer to drive accident free car @ 5m,the dishonesty comes when you have only accidented and you selling it for as high as 4.5m to 4.7m and sell only accidented cars.

Esseite:


I have studied the market and I can tell you, the businessmen bring in what the people want.. the laws of demand and supply is in effect..

You are claiming you want original, a lot of business men ran out of business because people didnt patronised their originals.

Take for instance, you want a car..
Accident free - 5m
Accidented - 4m

Nigerians would go for the 4m because both has been cleaned up and repaired, while even telling you it's back accident, it does not matter.

Nigerians you guys really hate truth and yet you expect it from others, in the 10% you quoted there can you get a genuine oem part?
Say the truth.

Go to trade fair in Lagos or gudu market in Abuja they sell brand new parts but mainly substandard, and most times if you compare prices with the original oem you would discover that you were robbed without a gun.
It's like having only GMO and no Organic food in your grocery store.

mrvitalis:

So u just woke up n decide to spread lies today ?

Most spare part sold in Nigeria are fairly used gotten from accidented cars less than 10% of spare parts are new n most are China made
Reason direct Belgium is more expensive than new one

It's obvious u have never driven a car in your life because if u did u won't type this thing u did


Igbo this or that start spare parts business na if u think u can do better

Go to trade fair in Lagos or gudu market in Abuja they sell brand new parts but mainly substandard, and most times if you compare prices with the original oem you would discover that you were robbed without a gun.
It's like having only GMO and no Organic food in your grocery store.

mrvitalis:

So u just woke up n decide to spread lies today ?

Most spare part sold in Nigeria are fairly used gotten from accidented cars less than 10% of spare parts are new n most are China made
Reason direct Belgium is more expensive than new one

It's obvious u have never driven a car in your life because if u did u won't type this thing u did


Igbo this or that start spare parts business na if u think u can do better

The problem with Nigeria and Nigerians is that they hate the truth, rather than accepting the truth they would sugar coat lies repackage it as truth, if you in doubt of what am saying walk into the market where they sell spare parts ask for something as common as stabilizer linkage, a trial would convince you.

ZaramT:


STOP HATING AND START YOUR OWN SPARE PARTS BUSINESS. IT'S NOT FOR THE IGBOS ALONE. YOU KNOW WITH YOUR HONESTY THE IGBO SOARE PARTS DEALER WILL BE OUT OF BUSINESS IN NO TIME.
START AND STOP THE NOISE. IDJIOT

Check out the igbo business man, they are very shady in business, go and buy brand new spare part for your car it would not last a month or two, the question I always ask them is why not make available the original oem and put the substandard one along side the original one so i have a choice and know it's lack of money that made me buy the cheap one,its a no no for the Igbo man 100 % profit or nothing, most of them tell me the make more profit from the fake one plus it gets bad on time and you have to come and buy again, who do we blame for this kind of mindset?

The igbo man might just find an unethical way just like their spare parts business to rejig the economy.

But Chinese suppliers online, Alibaba, bangood, aliexpresss etcetera hardly accept Yuan they always ask for us dollars, how would this work?

At this point in Nigeria history i don't care about how well we are doing financially, but am more concerned for our security, can you travel our high ways without fear from men of the under world?

This very dangerous, if you remember what happened to Greece you would fear these creditors, when the come for their money with austerity measures you ain't got nothing to do or say.

Stop misleading people here, have you ever managed hotel before, how much do you think people make from hotels in Nigeria, customers would destroy alot in your room alot would curse problems for you, talk is cheap, hotel money comes from drink and food maintenance alone would see you spending so much you never bargained for.

adonainana:


They are two different things big man, just like how someone was lamenting how a landlord spent 80m to build 4 separate 4 bedroom flats hoping to put it for rent at 600k each

The 80m could have better been used for commercial property investment instead. Commercial property is the opposite of residential property and it involves building of schools, hotels, motels, filling station, fish farms, the list go on but

The first 4 ones above ( hotels, motels McCain schools and filling station ) are like GOLD MINES.

Emphasis on hotels too which can be converted from existing buildings, so sometimes you see a duplex building in front of a major road and the building looks tired and the owner is old and properly would see 5m and jump up at it.

The 80m the landlord went and started building residential property with could snap up 5 of this and even change would remain out of the 80m after renovation

Residential property investment is kinda a waste of resources and a waste of time sometimes, although people think once you have your own house, you are sorted, from a business cash flow or profitability perspective it’s a pointless venture.

Even if your plan was to build or buy a house and immediately flip it and sell it after building it, Nigerian economy or just the way Nigeria view houses for sale won’t really help you

Also there is this horrible thing about Nigerian residential properties that the older a Nigerian building is let’s say 30 years ago the lesser it will be less appealing like maybe it still as asbestos or the window design is old school even the material on the roof is different from 30 years than what it is now

In conclusion, If you ever find yourself stuck in Nigeria with big money on you, don’t make the mistake of investing in residential properties, if

Go and start building hotels with it if you absolutely didn’t get my message above or start converting hotels from houses that are for sale. If you are in doubt of the location where you want the hotel to be take or employ any hotel manager with you to go and view the place he will confirm to you if market dey the location

If God now helps you you find a student location area to set up your motel or hotel. You will see however much your investment is back within 3 years no cap

This is not some textbook stuff but real life practical experience, also don’t be scared to set up these businesses in towns or cities that you have never been before or the language is not your language, therr is no point

You must make money from strangers in order to be very wealthy so this involves leaving your comfort zone once in a while

Hope this advice helps, if you really want to be extremely wealthy and see money you have never seen before in your life, avoid residential real estate except it involves land flipping or you it house flipping ( which you have already flipped ( sold ) even before you spent one kobo on the development )

To build in order to let out, you are wasting your time and valuable resources and your not giving yourself a level playing field

Rubbish, you should be ashamed that your people traded slaves and this not something to talk about at this point in our history, Reno are you sponsored to cause disunity?

What about the yoruba slaves found all over South America? Brazil.

Reno should be matured enough not to believe everything he reads.

How much you go pay me to read this your thesis?

Best response ever, they have brain but refuse to think, I now understand that common sense isn't common after all.

KINGwax007:
Yes, because Nigeria is part of the EU