₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,344,649 members, 8,512,979 topics. Date: Wednesday, 04 November 2026 at 10:14 AM

Toggle theme

Jpphilips's Posts

Nairaland Forum › Jpphilips's Profile › Jpphilips's Posts

1 2 3 4 5 6 7 8 ... 137 138 139 140 141 142 143 144 145 (of 342 pages)

Business › Re: Oil At $25: Kachikwu Blames Saudi by jpphilips(m): 12:25pm On Jan 14, 2016
Molebs:
Kachikwu saying he was not expecting this is a technical and analytical incompetence on his part.
it is well with my country.

Which way Nigeria?
Incompetence? Almighty Bloomberg predicted above $40 for January and here we are, some of you are irredeemable block heads.
Kachikwu should exercise patience, Saudi cannot cut production because US at the time has not, if they do, US will not only increase production but will likely take Saudi's or any other OPEC member's market share.
The war has gone beyond price to market shares due to less demand. US just cut down production by 80,000bopd so the Saudi's might as well respond through OPEC, blame game will not help anyone here because every country is looking out for their national interest.

Another thing Kachikwu must know is that Saudi though stock piled some savings for the rainy day is being affected by the recent development, they have cut down subsidies in the 2016 budget at the same time running on budget deficit.

Kachikwu should rally other non OPEC members to join, if OPEC can control 65% of the world's output, they will become a formidable cartel once again. If that doesn't happen, they will remain at the mercy of the US.

Politics › Re: Why Is Fuel #87 In The North And #120 - #130 In The East? by jpphilips(m): 5:21pm On Jan 13, 2016
[quote author=Ariani post=41940853]
You never had problem with SE voting OBJ, even though OBJ remain a corrupt ruler who never repaired the SE pipeline, the SE still voted for him, and the North( Atiku brothers) and Yorubas( OBJ) brothers were happy with the whole scenario, no one cajoled the Igbos for voting OBJ and PDP that had done next to nothing for the region.
The Chinese man said " Fool me once then you are a f00l, but fool me twice then I am the f00l".
If OBJ did nothing for the SE like you claimed, what Justified Voting Jonathan twice on the same platform that enthroned Obj? does it make sense to you?



In 2007, Igbos still voted for PDP and Yaradua, despite the fact that PDP continued to ignore the region, never did any Yoruba or Northerner demand that Igbos should dump PDP, even though you all knew PDP was of no use to Igbos, you could care less about the sufferings of Igbos as long as they were voting for a PDP controlled by either a Yoruba president or A Northern president.
Igbos never gave yar'adua over 90% of their votes in all 5 states get your facts straight before typing, Jonathan was the first to enjoy it twice at a time elections seems to be fairly credible.
Yar'adua's election statistics and OBJ's are marred with errors as such such statistics count for nothing. However we trade words on the internet, for every action, there is an equal and opposite reaction, if the Igbos like, they can vote in a lizard in the next election, I don't give a damn!!
Romance › Re: Pu$$yeater Leave Me Alone!!! by jpphilips(m): 4:49pm On Jan 13, 2016
mamagee3:
[color=deeppink]Pu$$yeater, leave me alone. Look for someone else to stalk and buttlick. You've been stalking and following me nonstop for the past two months.

Seriously, I can't even understand when this whole infatuation began but I want it to stop. Stop harassing and monitoring my online activity.[/color]
Who wants to stalk a morgue attendant?
Politics › Re: Oil Price Fall Below $30 Per Barrel Nigeria Summons Emergency OPEC Meeting by jpphilips(op): 3:44pm On Jan 13, 2016
The unfavorable price has forced the US to cut production that will stabilize the price around the $30 margin for a while.
My greatest concern lies with the fact that most oil exporting countries are running on budget deficit which may likely force them to seek for loans.
It is high time these countries form a union to determine collectively their loan destination.
It makes no sense that the US shale oil saturates the market with antecedent drop in crude price, then affected countries will run to the US financial institutions to make up for their budget deficit.
All the affected oil producing countries need to seek for Loans in Asia not World bank and IMF.
Politics › Oil Price Fall Below $30 Per Barrel Nigeria Summons Emergency OPEC Meeting by jpphilips(op): 3:44pm On Jan 13, 2016
New York (AFP) - US crude prices fell below $30 a barrel for the first time in 12 years on Tuesday as OPEC member Nigeria called for an emergency meeting to address collapsing prices.

New York's benchmark West Texas Intermediate (WTI) for February delivery fell to $29.93 a barrel, a level last seen in December 2003.

Prices pulled back slightly at the end of trade to end 97 cents lower at $30.44 a barrel.

In London prices plunged as well, with the benchmark Brent North Sea crude for February ending down 69 cents at $30.86 a barrel.

The continued plunge in prices, with some analysts now seeing a $20 price in sight, spurred more turmoil in exporters, many feeling a deep squeeze on revenues from the collapse of the market.

The Nigerian petroleum resources minister, Emmanuel Ibe Kachikwu, declared that he expects an extraordinary meeting of the oil cartel in "early March" to discuss nosediving crude prices.

"We did say that if it hits the $35 (per barrel level), we will begin to look (at)... an extraordinary meeting," Kachikwu said at the Gulf Intelligence UAE Energy Forum.

Nigeria, Africa's largest economy and foremost oil producer, has been ravaged by collapsing oil prices because crude accounts for 90 percent of the nation's export earnings and 70 percent of overall government revenue.

Still, with Saudi Arabia and Gulf allies like the United Arab Emirates set on keeping prices down to run competitors -- especially in the United States -- out of the market, there remained doubts about whether the Organization of the Petroleum Exporting Countries could act.

"Nigeria’s call for an early OPEC meeting would be a constructive factor if it were to lead to an actual meeting and shift in policy," said Tim Evans at Citi Futures.

"But it's far from clear that Saudi Arabia and its nearest allies like the UAE are open to even talking about it."

View galleryBP said it will axe more than 4,000 jobs worldwide …
BP said it will axe more than 4,000 jobs worldwide over the next two years, and the cutbacks will in …
Andy Lipow of Lipow Oil Associates noted that a UAE representative at the oil conference quickly had dismissed the idea of an OPEC meeting.

"As a result the market continues to look for something to support the prices, but actually there's nothing out there right at the moment."

- More oil company cutbacks -

The carnage in the crude trade saw Britain's BP and Brazil's Petrobras both announcing more cutbacks. BP said it would axe 4,000 jobs globally and Petrobras slashed its five-year investment plan by 24.5 percent.

Mark Thomas, regional president for BP North Sea, said that "given the well-documented challenges of operating in this maturing region and in toughening market conditions, we need to take specific steps to ensure our business remains competitive and robust."

Analysts saw continued downward pressure on crude prices.

The markets will be eyeing this week the status of US stockpiles, which have remained at near-record levels in part because of a late onset of winter that kept demand down for heating oil.

For those hoping for a rebound, the US Energy Information Agency forecast that US crude production would fall to an average 8.7 million barrels a day this year from 9.4 million in 2015.

It estimated output fell by 80,000 barrels a day in December, a sign that low prices are hurting some drillers.
Politics › Re: Why Is Fuel #87 In The North And #120 - #130 In The East? by jpphilips(m): 3:34pm On Jan 13, 2016
bigiyaro:
dis is actually one of naija's problems, sentiments, n yeyerious ones for that matter. Products are loaded from the same depots at the same price, even dealers in the north expend more resources transporting products due, to distance n other factors, if they can sell at 87 per liter, why can't dia counterparts in the east sell at the same price? If it's not due to over profiteering n man's inhumanity to man. Come to jos in December when easteners r going home for Christmas, u will see dem buying bags upon bags of rice n other condiments, cos in dia home town, dia kits and kins are well ready to cut dia necks wit high price.
No sane person will fault your assessment but if you want to fix culpability rightly, it is wise to start from the fundamental which is the failure of the same government they so cherish.
Now speaking of which, at PH & Warri depots, Buhari's PMS sell for 77naira and the marketer is expected to sell for 87naira with a margin of 10naira.
in that line of business, 10 naira equals 330,000 or 450,000naira depending on truck capacity, so from this money, you are expected to hire a truck and other sundry expenses.

the guys from Kaduna will come to the same depot, use their 450k and hire truck of 250-300k and still sell at 87naira but igbos will hire truck of 120k and still sell at 130, increasing their profit margin by another 50% after expenses.
They will still adjust their dispenser such that 1 liter is dispensed as 0.5l increasing their profit margin by another 50%. In the end Alahaji's business gives just 40% ROI, while his Igbo counterpart makes 150% ROI.

The answer to the OP's question lies with poor political choice and greed!!
Politics › Re: Why Is Fuel #87 In The North And #120 - #130 In The East? by jpphilips(m):
99100:
I'm a resident and indigene of Orlu geopolitical zone.
After a turbulent week as a result of fuel scarcity and hike in Imo state , I'm compressed to ask this question ; Why do we buy fuel between #120 -130 and the same fuel is being sold #87 in the north? Does it mean that the govt only subsidises fuel that goes to the north.... and easterners can buy high.
Because Igbos are politically dumb. read here
https://www.nairaland.com/2166883/president-jonathan-south-east-orchestra

Excerpt:

[b]"Since 2004, no South Easterner can boast of buying any petroleum product at the government approved rate always, while the Govt approved rate is 97naira, south easterners buy between 110-115 naira, have you guys bothered to ask why? Ans; Enugu Depot is not working.

This is how it works, Petrol used in Enugu, Ebonyi, and Anambra come from either Portharcourt or Warri, if the right thing is done, it is supposed to be coming from the Enugu depot, the increased transport fare (tanker hire) will be added to the products so it hardly sells for the Govt approved rate.

Now you know, for a pretty long time, you guys have suffered this and Govt after Govt including Jonathan your beloved didn't care as much as OBJ never cared, do you know what the problem is ?

There is a pipeline section at Okigwe, it is not like the whole pipeline have to be replaced but just the Okigwe section, that is the Genesis of your suffering. I am yet to understand the zombie follower ship Jonathan has in the South East, South- South his father land has already dropped him like a hot object (Rivers and Bayelsa), what is the SE waiting for?
Since 2011, jonathan refused to fix it for you thereby leaving you guys at perpetual high energy cost, is that what you guys really want?

According to Patrick Obahiagbon " there is no reason for Nigerians to pontificate the faucet origo of a presidential aspirant" whatever that means"
[/b]

So young man, a problem that Jonathan your political ally refused to fix despite all my warnings, do you expect your political rival Buhari to fix it? I don't think so?
Jokes Etc › Re: Hilarious: Photos Of Foolish People Doing Crazy Things by jpphilips(m): 1:36pm On Jan 13, 2016
Unsafe acts & conditions
Politics › Re: Buhari Has No Plan For Power Supply? See Reason by jpphilips(m): 12:09pm On Jan 13, 2016
HighIQ:
What of ministry of communication. It is a private agency and it has its own minister seperately without it being merge it with other sectors
Ministry of communication is a private agency? have you taken your morning dose?
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m):
gohome:
If Kenya, Ghana and Benin have not parked their cars at 1.1 while will nigeria park. Have we parked our cars since May?

You obviously are still head strong. How can one be this dumb or hypocritical or both? It beats me.

I will reply you just for the benefits of others, because I think you are beyond repair.
A block head is an individual who fail to realize when a superior opinion torpedoes his inferior one, on the thread in question, you were battered so badly that people actually mistook you for a goat, please don't vent your frustrations on me, vent it on the free education that landed you in this mess. Below was the verdict you got from Vulcan after exposing your emptiness, sleep over it and make yourself a better person, ranting all over the internet will not help you.



[b]I want to congratulate jpphillips, 989900 and others who have some REAL knowledge of what happens behind the scenes in the Nigerian downstream oil and gas sector. You have responded well to the OP's weak attempt to convince us of the need to "immediately" remove The Subsidy.

Having read almost every post here I gleaned a few things about the OP

1. He is completely ignorant of the workings of our downstream sector. To load his first post with petrol price figures from 2012 was his first albatross. It proved that he was working from a predetermined answer back to the question. More evidence of this is his over reliance on info from Google. If ur fully involved in a thing when you talk people will know.

2. He has no form of understanding of the causes or potentially destructive results of galloping inflation in a country that is import dependent. Relative to its size Nigeria produces nothing- whether goods or services. The City of London props up the entire British economy via its financial sector. Man, for now oil is all we got. Three times or so he says that an increase in petrol price from N87 to N220 will have no effect on Nigerians. Obviously he avoided Macroeconomics class in school.

3. He is a very callous being. Anybody who can't afford to run their car at N220 should park it according to him.

4. He is very deceptive. He skillfully ignored the fact that EVERY thriving Western economy has subsidies(in one form or another) in place for the betterment of the lives of their people.

5. He is bereft of any deep thinking on this matter.
I might have been swayed if he had a superior strategy and tactics to make his immediate subsidy removal work but all he does is present emotional pleas about whether we want our unborn kids to suffer. Beer parlour arguments I must say. Nothing of substance just fluff in his arguments. Pity.

My prayer for you is that God will not permit your type position of National Influence because you're obviously too immature to take us to the next level.
[/b]
With a verdict like this, you should be having a sober reflection and trimming the rough edges of your failed education.
Politics › Re: Biafra Passport Valid & Accepted In Many Countries – MASSOB, Reveals Cost by jpphilips(m): 12:02pm On Jan 13, 2016
Anticabal:
Mr Gorrilla, Read up carefully, this time very slowly. We are talking about November last year when a yoruba journalist visited West African francophone countries. Not in the 70s'. Scroll up and read, carefully this time.
You are a m0r0n to believe any of such report, that is my point, hope you will read it very slowly this time.
Politics › Re: Metuh Bows To EFCC, Cooperates With Investigators-newswatch Times by jpphilips(m): 11:40am On Jan 13, 2016
Metuh at his age should know that statements and confessions are extracted during interrogation not in the courts, he will talk very soon
Politics › Re: Chief Judge Bars Magistrates From Granting Remand Orders To EFCC by jpphilips(m): 11:04am On Jan 13, 2016
The right question Nigerians should ask is this; why should corruption charge be bailable offence when Manslaughter is not?
Dasuki diverted funds meant for arms procurement and soldiers died for it, no sane country in the world will try dasuki for embezzlement or breach of public trust rather he will be facing charges of involuntary manslaughter which is not a bailable offence I guess.
A manslaughter charge is enough to put him out for good, while EFCC pursues embezzlement for funds recovery.
I don't know if the law is weak or the DSS is just incompetent, I pray I am wrong though.
Politics › Re: Biafra Passport Valid & Accepted In Many Countries – MASSOB, Reveals Cost by jpphilips(m): 10:20am On Jan 13, 2016
Anticabal:
The nation newspaper (a yoruba media outfit) journalist made the observation when he travelled on the west african coast to Benin rep, Ghana. The article was posted on nairaland last year. 1 Biafran pound exchanged for about N680. Now have you conducted your own research to make me believe your statement.

Tell me why i should believe you instead of the journalist that made the findings in Cotonou and Ghana and wrote his article? I really want to believe your 'facts'. Help me
You must be a hypnotized goat to believe that Naira existed alongside the Biafran pounds.
Nigerian naira came into existence in 1973 while Biafran pounds went extinct in 1970, how could your yoruba Journalist friend compare an existing and nonexistent currencies?
Is it lack of Education or you guys are born without brains by default?
Politics › Re: Biafra Passport Valid & Accepted In Many Countries – MASSOB, Reveals Cost by jpphilips(m): 10:13am On Jan 13, 2016
Aba, Onitsha, Alaba traders .com.
Politics › Re: How Jonathan Reacted To The $2b Arms Procurement Scandal In Nov 2015 by jpphilips(m): 10:11am On Jan 13, 2016
Jonathan, Guard your tongue, buhari has been merciiful not stup!d. he is only respecting the office of the president not that he doesnt know you ran an Alibaba government.
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m): 9:29am On Jan 13, 2016
DelGardo:
My brother these guys are tedious.

Imagine someone asking "How does a stop in debit card usage compensate largely for the fall in foreign earnings or foreign savings most especially when this significantly stops mainly the activities of small scale businesses whose demand for hard currency is in small proportion? I expect you to be more discerning than this." right after you had explained that legitimate entities can get FX through their banks using Form "M", which has no minimum limit.

Gosh!

Mr/Chief/Doctor/Sir Oz4realsss I have a question for you - if restricting spending does not guarantee better reserves (savings) management how will profligate spending help our dwindling income?
It is actually form A please don't be misinformed, i have checked with my bankers and edited my post. Don't waste your time with dull brains, Nairaland have them a lot.
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m): 9:26am On Jan 13, 2016
gohome:
You are here again. I remember you from the subsidy thread. Talking with no substance. Unlike most people here though, you have a potential to be smart but you are very sentimental.

You have said so many things without a workable solution. Wait for GEJ to come back in 2019 to show you the SWF
I remember that subsidy thread where you were disgraced for lacking the potential to be smart. You actually recommended for Nigerians to park their vehicles if they can not afford to buy PMS at $1.1/liter. I hope you have charged your brain after all, see you around!!
Politics › Re: Buhari Has No Plan For Power Supply? See Reason by jpphilips(m): 9:09am On Jan 13, 2016
HighIQ:
As you all know that the situation of power supply in Nigeria currently is nothing to write home about. The power supply is presently very and extremely poor with some place struggling between 4 to 6 hrs power supply per day.
Psychologically , President Buhari giving a crucial ministry like "power" to someone alongside works and housing may show that the man may not really be interested in Power supply. Considering how poor power sector is. Unlike other sector like Health ministry, Education, Finance etc. that have their seperate ministry on their own. Why did president Buhari merge a very important sector like POWER that is so important with Ministry of housing and works? All to be controlled by a man, Mr fashola, may show the low intetest of Mr president in the having a stable power supply in this country. The ministry of power should be a seperate ministry on its own, to be controlled by a Minister for Power and not Minister of POWER, WORKS AND HOUSING. So the minister can focus on the power sector more adequately OR what do you think? lalasticlala
The fact that you don't understand the direction of Government does not mean the govt has no plans, from your text, you are only worried that power was not given a separate ministry as we all agree that it deserves some special attention.
The fact is this; the FG has no plans to run the Three arms of the power sector (Generation, transmission and distribution). It will be controlled by the private sector hence there is no need for a separate ministry rather a monitoring agency, like DPR, NCC etc.

It will amount to a total waste of public funds to run a regulatory agency as a full ministry.

Weather the agency is alive, well i can confidently tell you that the ministry of power just scrapped the evil fixed charge. hitherto, Power companies don't necessarily need to supply you electricity yet you are under obligation to pay, if you have a failed substation (bad transformer). the power company will not bother to fix it because at the end of the month, they will make between 735-750naira monthly.
Imagine a Power company like EEDC controlling, Abia, Anambra, Imo, Ebonyi and Enugu states, if these states have 50m flats, EEDC by that fraudulent policy makes 37.5b naira monthly for sleeping.
Someone who makes that much in a month will not bother to repair or replace a transformer. The ministry of power recently increased electricity tariff, the reason is that the companies need to make huge capital investments in the sector to become efficient, but every kobo from the new tariff must be earned by the power companies, that is in the interest of the consumers.
With this result so far, I can assure you that Fashola has plans for the power sector.

Politics › Re: Customs Impounds 3 Trailers In Katsina, Conveying Contraband Goods by jpphilips(m): 4:44pm On Jan 12, 2016
hammerT:
This is an Igbo man Business being intercepted.


Wen dey say contraband, i thought it was hard drugs but it is soap and tyres.


Why is Buahri trying to make live miserable for Business men in the country?


Is Buhari going to give them political appointment he has given to the North?
I thought GIV is a local product, so Igbos can not produce ordinary soap abi? shame on you
Politics › Re: Why You Will Never See Groundnut Pyramids In The North by jpphilips(m): 4:43pm On Jan 12, 2016

Slaves were human beings with number, forced to labour against their will. Between 1933 (permit me to borrow your statistics) and today, the population growth is in Geometric progression, so no doubt the issue of number is still plausible.
As a matter of fact, the Almajiri population will out swell whatever number of slaves that built the former pyramids if you consider the population we have amassed so far.

Now the remaining issue is forced labor, well, in a society with hungry youths, Labor doesn't need to be forced because very low incentives will be motivation enough.
Don't ask me where the incentives will come from, the slaves were traded not stolen, hence the same money used to buy slaves at the time can as well be used to pay the Almajiris for the same labor output.

With these I can conviniently tell you that your analogy is baseless!!
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m): 4:22pm On Jan 12, 2016
Oz4realsss:
As usual, you have arrived at a number of conclusions without any fact to support them. I am not disappointed at all.
So much about the quality of your education and your level of comprehension! Shall I remind you that the report was on the suspension of ATM cards for foreign transactions? Why try to derail the argument then?
And to even make things worse; when I put a simple question of what you produce to guarantee inflow before you, you decided to blame it on Jonathan like your paymaster would. Is Jonathan the name of the goods and services that earn you foreign exchange?
My response was to reallign your deviation and I ensured I never answered any of your distractions. If you are ready for any brainstorming, it must be within the scope of the report. Any deviation would be matched by a counter deviation.
There is no argument between us, I only advised you to go and study comprehension to avoid further embarrassments. Have you done that?
Brain storm with someone who can not understand a simple sentence? Yea!! I will pass.
Politics › Re: Subsidy 101: Q &A On Subsidy. by jpphilips(m): 2:17pm On Jan 12, 2016
[quote author=ichuka post=34879497][/quote]Village man! you just show?
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m): 2:09pm On Jan 12, 2016
chiefobdk:
yea in Ur underwhelmed mind. U reduce outflow by restricting people from spending thr money legitimately
You earn Naira then go to dubai to spend dollars from their ATM and still claim its your legitimate earning? Nigerians and their ojuelegba mentality. The portrait on the $ bill does it look like anyone that is legitimately inhabiting your kindred?
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m): 1:58pm On Jan 12, 2016
[quote author=Oz4realsss
Let us learn to say things the way they are. According to you, Government suddenly stops the usage of naira denominated debit cards for foreign transactions so that trade can be balanced. How does this really guarantee balance of trade? Is it by the capital flight to neighbouring countries like Ghana and Benin for dollars that it will encourage or the possible strangulation of small scale enterprises that need hard currency and are unable to afford it?
I am aware that the quality of education in Nigeria is at its ebb, I am also aware that a lot of Nairalanders are comprehension deficient, now compare what i said


"It is a two way traffic you either improve on inflow (like you rightly suggested) or you control your outflow, at this stage, it seems the government is controlling outflow which is not bad from all parameters."


After reading the above you said this


"According to you, Government suddenly stops the usage of naira denominated debit cards for foreign transactions so that trade can be balanced"


How am i supposed to help you when you could not understand just two sentences put together?




How does a stop in debit card usage compensate largely for the fall in foreign earnings or foreign savings most especially when this significantly stops mainly the activities of small scale businesses whose demand for hard currency is in small proportion? I expect you to be more discerning than this.
This question will only arise when you miss the opening statement, the issue is no longer about your expectations of me but your clear inability to understand what I wrote, you see young man, I can not help you!!



Which parameters associated with the sudden stop in the use of Naira ATM cards for foreign trade are you talking about? Are they economical or otherwise? I really need you to provide details on your claim.
What is the need when you understand nothing?



What is difficult for you to understand that Nigeria did not begin to earn foreign currency from the Government of Jonathan? Why have you not asked Gowon, Shagari, Buhari (1983), IBB, Shonekan, Abdulsalam, Abacha and OBJ what they have done with our foreign earnings during their Governments? Oh, they have all become saints overnight, afterall, your messaiah, Buhari, claimed that Abacha never stole a dime. So much for a "realistic mind" like yours!
I can see the direction of your argument, the usual Nairaland bickering of childish proportions bereft of history, logic nor common sense.
I recommend thus;
Take time to study, while at it, you will understand that the post in your quote did not mention "balance of trade", the moment you realize that, then you take some history lessons to understand why sane people don't go beyond OBJ in present economic analysis, by the time you come up to speed, then you may have an opinion worthy of public consumption.
Politics › Re: Jonathan Must Speak On Dasuki Scandal – PDP by jpphilips(m): 1:44pm On Jan 12, 2016
Damage control!! The money was not paid to PDP but it depicts the moral compass of the men who make up the so called political party.
Politics › Re: Striking Characteristics Of Coup Plotters In Nigeria by jpphilips(m): 1:04pm On Jan 12, 2016
opey25:
bros,his knowledge of history is very poor. he said on another thread that nzeogwu was a university graduate. he even said ojukwu joined the nigerian army as a NCO. I think the OP still has a lot to do about his knowledge of history.
Bros you are the one who is ignorant, Ojukwu joined the army as an NCO, he wrote and spoke about it over a million times.
Stop embarrassing yourself.
Nobody knew Ojukwu was a graduate at the point of entry, it was a Briton who knew him from oxford that exposed him, however ojukwu denied knowledge of meeting the Briton which led historians to believe that the drama that led to his promotion was orchestrated by his Billionaire father.

Now go and apologise to that guy you misquoted!
Politics › Re: Striking Characteristics Of Coup Plotters In Nigeria by jpphilips(m):
APCLyingBastard:
Murtala had a history of insubordination and disrespect to authority and his seniors.

Here is a man who led and participated in the counter coup of 1966 alongside the likes of Dimka to purge the army of Ibos where most of them where his superior officers.

During the war his total disrespect and non compliance to orders by his commanders will see him being recalled from the front. During the Asaba siege he attempted on three occasions an amphibious attack on onitsha against the advice and orders of his superior officers. His first attempt saw over 1,000 men and officers dead and was forced to retreat. Morale and discipline were at an all time low that the men under his command bluntly refused another amphibious attack. When word reached GOC about how bad things were under his command coupled with his refusal to not use a particular narrow supply route which led to over 1,000 trucks being destroyed by one single artillery shell ( the supply route was narrow and the convoy consisted of long trucks loaded with ammunition and fuel. A biafran artillery corps man disobeyed his superior officer not to fire the last remaining shell but he went on to do so hitting one ammo laden truck at the middle of the convoy. The narrow Road made it difficult for the remaining articulated trucks to turn around and so that is how all the vehicles got destroyed in an explosive inferno), his commanding officers had no choice but to recall him back from the front.

The man constituted a nuisance and danger to his own men and given his long record of insubordination , the very thought of him not planning a coup is like saying Dimka was not a drunk.
That incident is known in History as the "Abagana massacre", the narrow route was the old road that presently leads from onitsha to Enugu, funny enough, the Abagana/Abba Axis of that road is still narrow till date grin grin.

The Biafran hit man that pulled the hit on Murtala was Col. Achuzie (hannibal/Air raid).
After the the failure of operation hiroshima to reclaim Onitsha from Murtala, with Biafra losing a lot of mercenaries who defended the onitsha sector, "Air raid" opted not to make a direct confrontation with a more equipped Murtala rather he opted to ambush him at a narrower Abagana.
History has it that murtala mohammed was moving from Onitsha to Enugu to Assist Yaradua who was coming down from Nsukka, both were meant to rendezvous at Enugu from opposite ends to bomb Enugu the biafran capital at the time to submission.
Murtala's approved route for that mission is the present day Enugu-Onitsha express road which was bushy with cliffs at the time, will take longer but minimal risk, Murtala did otherwise.

His failure across the Niger was partly due to the ingenuity of Rosteiner the Biafran mercenary who bombed the Niger bridge, with the bridge down, It was difficult for muritalar to move troops and supplies across the River Niger. Also the blockade on the River Niger coast and absence of a long range artillery, made his job a lot difficult.
I will not put the blame on him solely because if the defence HQ had approved the strategy of operation Tiger claw for the onitsha invasion, i believe the result would be different, the fall of calabar and the lengthy battle of Onitsha painted a heroic picture of Adekunle aka Black scorpion better than Mauritala, my opinion though.
Politics › Re: Striking Characteristics Of Coup Plotters In Nigeria by jpphilips(m): 12:17pm On Jan 12, 2016
APCLyingBastard:
Jan 15, 1966 Coup mid-ranking officers, mainly Ibos , university graduates before joining the army, leftist ideology, Ultra Nationalist outlook.

July, 1966 Counter Coup Northern Junior officers and NCOs (retaliatory and ethno religiously motivated). No clear political outlook. Continued with the policy of nationalization instigated by the Jan 15 coupists.

1975 Colonels Coup composed of Colonels to wrest power for themselves. The plotters of this coup against the Gowon govt where ironically the same set that bought him to power a decade ago. The coup was led by Murtala Mohammed who felt his turn to chop was long overdue. No clear political outlook for the country. Nationalization continua.

1976 Dimka Coup the drunkard's coup. Mainly Christian middle belt officers led by the callous Dimka. Dimka had no problem killing his superior officers as he had gotten away with cold murder of his senior officers a decade ago in the July 1966 counter coup. Dimka's motivation according to his drunken confession was to reinstall Gowon back as head of state. Ironically, Murtala and Dimka left the political scene in the same manner they had entered it - in a hail of Bullets!

1983 Buhari Coup the remnants of the class of July, 1966 where now Generals. This coup consisted of senior northern Muslim officers. motivation was to consolidate their power.

1985 IBB Coup same as above only they wanted to get rid of the stubborn Buhari.

1990 Gideon Okar Coup southern Christian minorities drawn from midranking cadre. In so many ways this coup had all the hallmarks of the Jan 15 coup and was doomed to fail because it was driven by vague ideologies and not pragmatic realities.

As we can see the most successful coup plotters in the history of Nigeria where the class of July, 1966.

The main reason advocated why they were so successful is because unlike their southern colleagues , the northern cadets admitted into the NDA where usually drawn from the same secondary school.

Since the number of schools in the north where outnumbered by 20 to 1 in the south and coupled with lowered enrollment in these same schools alongside Tafa Belewa's quota system which was specifically drawn to ensure that Ibos do not continue to dominate the officer cadet, the 1st and 2nd luitenants that carried out the counter coup of 1966 knew themselves from childhood and had a sense of duty to each other to watch their backs.

Childhood friendships are more powerful than sharing similar ideologies or a beer in the mess.
Crap!!
Politics › Re: Fashola's 13-point Agenda To Revive Power Sector And Better Electricity by jpphilips(m): 12:13pm On Jan 12, 2016
How about balkanizing the National grid
Politics › Re: Metuh To EFCC: I’d Rather Starve Than Refund N400m by jpphilips(m): 11:22am On Jan 12, 2016
Igbo man!! I hail ooo, Take my life but leave my money
Politics › Re: Atm Suspension Is Suicidal, Another Apc Policy Summersault by jpphilips(m): 10:08am On Jan 12, 2016
jusRadical:
So what depletes foreign reserve is the citizens using atm abroad?

So you see it was not gej the depleted our foreign reserve but the citizens that go overseas.


Is alright.
At the time oil revenue was high during OBJ, the god of Economics Soludo advised for a savings account called, ECA. that was what saved our economy during the meltdown, which is worse than falling crude prices.
When oil sold higher under Jonathan, can you tell us how he saved the excess for times like this? That is why people blame him.
But that time has passed, because even countries who saved are gradually sliding into recession, however, if Jonathan did the right thing, this restriction may be coming around 2017 or so unlike what we have now.
Nigerians will always spend their money no doubt about that, what matters is what our economic managers did to save us from times like this, as far as I am concerned, Jonathan did absolutely nothing.

1 2 3 4 5 6 7 8 ... 137 138 139 140 141 142 143 144 145 (of 342 pages)