₦airaland Forum

nnokwa042:
NYSC new York security council ,no be naija own

Ị bụ onye Nnokwa?

devilson:
shoeku okuku bambia is a deity worshiped by osu people aka people with compressed flat head

Guy, go and find out the spelling of what you intend to write, and stop fooling yourself here.

devilson:
pained osu slave sported.

even shoeku okuku bambia nd mr.nri cannot clean alaafin of oyo shoe

Guy, are you okay? What's that rubbish you wrote, in bold? Chai!

Statsocial:
Guy you are wise. We need ppl like you in Nigeria. You are very Objective!

Thanks

pavy:
Is it compulsory for a church to own a University? Whose child do they hope to train at the university if their members can't afford the tuition fee for their kids? Children of corrupt politicians? Think about the message they will be passing across.

Churches build universities not for charity, but to help instill and sustain discipline and sound moral values in youths, while providing quality education. That's part of the reasons why you hardly hear of cultism, exam malpractices and various forms of sexual vices in those church-owned schools. Even when they exist, it's usually on low key.

Nobody says every member of the church must enrol in the schools. Those that can afford it should enrol, while those who can't should wait for federal universities. I went to a federal university, and I know till tomorrow, my parents could never have afforded to pay my fees in any of such schools.
Even if these church owned universities offer free education, some people still cannot afford it cos they will need somebody to provide for their upkeep.

Timothy3113:
Bro you never answered my question??

Is the university established for the purpose of profit making or for the masses.


Ask yourself these questions why is it always that it is only the church owned university school fees that is highly critised??


A church is non profitable, charitable organisation, so what happens when a member of a non profitable organisation contribute to a project and it is not serving the purpose of the organisation.

I think am in support of the new FRCN law.

Some of you guys talk without thinking.
First, how do you know the church is making profit from the fees? Do you know how many students they have as at now versus staff on their payroll?

Now, let's do a little calculation.
Let's assume they have 1000 students as at now (it's still a new university) and each student pays an average tuition of 600k per annum, in one year, the school will generate 600 million naira. This is their main source of income.
Now imagine they have only 100 lecturers across the 3 faculties, and each lecturer earns an average of 250k per month. It means each lecturer will earn an average of 3 million naira per annum. So 100 lecturers will earn about 300 million naira per annum, out of 600 million.
We haven't talked about non-academic staff, cost of equipping the labs, maintenance of facilities etc.

Guy, running a university is freaking expensive. University tuition cannot be cheap.
You probably compare these church owned universities with their federal counterparts. That's an unfair comparison.
The FG pays the salaries of all the workers in federal unis and still gives the schools money for running the institutions, in form of subventions. Such money never gets to private unis, as they have to source for all their funds through tuition.
Were FG not paying salaries and providing for the running of the universities, I can bet you that the minimum fees Nigerians would have been paying in federal universities won't be less than 400k. Same applies to state owned universities.

Again, it isn't really the poor people in the churches that provide for the needs of the churches. How much do they have? There are people that sow seeds in tens of millions. People donate hundreds of thousands to make things work in the churches. It's mainly the financial contributions of these ones that cause mighty projects to be executed, not people that give 20k and nobody will hear again.

Nobody says your child must attend your church's university cos you contributed in building it. If you can't afford the tuition, choose a cheaper school. Even at 150k, many people still cannot afford it, so will the church now make it free?
What do you personally consider as affordable fees?
I work in a hospital where staff get drugs at cost price, but because the cost prices of the branded drugs sold in the hospital sometimes outweigh the prices of non-branded alternatives sold in pharmacies outside, sometimes I go and buy drugs from outside instead of buying from our hospital.

Please, you guys should stop criticising for the fun of it. Try and be more reasonable.

Kekecopter

helinues:
na una no no no the real meaning of MMM

Moku Mogbe Modaran (MMM)

if you no understand any of the word, no bother to know cos na bad thing

Please what does this Moku Mogbe Modaran mean in English? I don't understand Yoruba, and I've seen that expression too many times. Thanks

SpicyMimi:
Trash!
We didn't pay into his account! Use your brain! At least for once naa

Did you read his letters of happiness among the pictures in the post? If you didn't, go and read them again and think.

AnodaIT:
I dont think there is need for central support. But I can agree with you about the load distribution, under normal circumstances, loads are designed to induce mainly axial stresses ie to transfer the burden to the pillars by the side.

Take for instance, stadiums with cover roof will not need a support at the center to hold the structure

https://www.ajc.com/rf/image_large//Pub/p7/AJC/2016/02/23/Images/photos.medleyphoto.8771938.jpg?uuid=ajsItmvXTJuoNl6g2NnALg

Stadia roof covers usually don't have iron frames but aluminium. Aluminium is much lighter, but still reasonably strong.
The church in question used heavy iron beams, which means that the load they transmitted was much.
Even though I'm not an architect or a civil engineer, it is very clear to me that the design is flawed. You're right about the burden transmission to the pillars.

Inasmuch as I grieve over the state of the economy, I however enjoy Nairaland better now. The silence of Omenka, Progressive01, NgeneUkwenu, Passingshot, Dropshot, Midolian, Modath, Beremx etc is such a sweet thing in my belly.
PMB sure knows how to disgrace and humiliate his ardent supporters. God forbid!

paulibling:
HAVE YOU EVER HEARD THERE WAS FLOOD IN ONITSHA. ONLY COMMENT WHAT YOU KNOW KID.

If it's by the bank of River Niger, then it's flood prone. I haven't forgotten the 2012 incident that took over almost the whole of Ogbaru and most of Anambra West with parts of Anambra East LGAs.
Were there people living at this forest reserve by 2012? So how are you sure the place wasn't flooded then?

Are my people too dumb to realise that this is a flood prone area? Tụfịakwa!

GoggleB:
Trace all the names in the Bible with bad images and tell me which one is still being used to name people in the world today..
Let me name some:

JUDAS ISCARIOT
JEZEBEL
AHAB
HEROD
CAIN
VASHITI
And many more

A classmate of mine was Vashti. She's a doctor now.

diegwu01:
I remember the wailers jubilation over the the victory of Jegede over Jimoh Ibrahim few days ago,
Jimoh was stabbed on the back by the very party he founded in Ondo State. Wasnt surprised when he urged this over 5million supporters to vote for Aketi.

5 million supporters indeed! Please what's the total population of Ondo State?

BjDreamchaser:
“I was in the University of Zik in Akwa in Anambra State on Wednesday on the invitation of the university. There is no student in public UNIVERSITIES that can speak English in an error-free manner like the head boy of my secondary, who just finished addressing us now.


Watch as the Ipob youth would blast Atiku for the above statement. Confused set of people.

Take note of the word in capital letters.
You lack comprehension skills.

ever811:
a man who did nothing whit oil at 150 Dollar per barrel will run to hiding even giving to chance to come and rule unopposed now that oil price is 47 Dollar per barrel...

Oil was $250 per barrel, not only $150.
Abeg, comot!

Omobolaji20:
from lagos?

I was only trying to let you know that the South East also benefitted from GEJ's rail project.

Bolustic:
I have the feeling that someone is suffering from Stockholm syndrome?

How would a person who failed to construct the Second Niger Bridge as promised become your Hero?

I hope you aware that this train will not pass through the SE?

Tell me, what did you people gain(I mean capital projects) from your Hero apart from few appointment?

There is PH –Aba – Enugu – Makurdi train route.

Brethren001:
You are right my brother, 90% u said. I employ you to worship and investigate: THE CHURCH OF CHRIST, where we are all equal. Where the truth is Preach. Where salvation is truly given & not bought. Where we don't pay tithe. Where we worship God with the fruit of our lips & not instrumental music. Where according to God's instruction all you are expected to do becoming a Christian is just to: Read the word, Believe with your heart, Repent of your sins(having a change of heart in attitude & character. Confess your faith in Christ & be Baptized(added to the church which he purchased with HIS own blood. You can reach me via 07032519550 or email: georgeclapat@yahoo.com. God bless you

Isn't it funny how you think those things you listed makes your church the authentic body of Christ. And if I may ask, what is wrong in pastors sitting on better seats? I honour my pastor cos he's my teacher and father in the faith. He has spiritual authority over me, and we aren't equal as long as I'm in his fold.
Read 1 Tim 5:17 to understand about honour in the church.

toluxa1:
Watch this Video to really Know what MMM is all about.
Discard the deceit and lies that SEC, CBN and all these oppressors that will rather you remain under financial constraint spill.
This warning is definitely not talking about MMM so I wonder why they put MMM there. If they are, then it's such a shame that they can release such a report based on an incredibly high level of ignorance of how the system even works. None of the well over 600 thousand members of MMM has ever deposited N1 to MMM, MMM doesn't collect your money.

Where has CBN been when MMM has been changing lives. Where have they been when MMM has been spending millions in charity? Yeye people


https://www.youtube.com/watch?v=mrLFaJcytFY





THE MYSTIFIED 30% How to understand it.

Its important you all understand this concept so much that you can easily explain it to others.

Let's look at it from this practical point of view,99% of us here have bank account. Right? Good.

We put our money in the bank because we Trust its safe there What do u think is the % of people who put their money in Banks?

Do you know How many % of people in Nigeria has an account with First Bank?

Yes you guess right!

Let's say 70% of Nigerians.

That's about more than 50million Nigerians. And Among these people are

The Poor
Middle class
and Business men
Companies

Among this set of people are those who deposit their money in bank at different intervals
and different amount.

Right?

And they withdraw at different intervals and different amount.

That means If you deposit 200k Another person deposit 1million,Another deposit 2k,Another deposit 500k,Wenever you are withdrawing your 200k, Someone's elsewhere is depositing a huge amounts. To supplement ur 200k withdrawal. And this circle continued on and on.
And becos of the population of people using the bank and different set of cash and different time of deposit and withdrawal

There is 100% chances that you must get your money withdrawn whenever you need it.

Anytime u go to bank to withdraw money
That's the principle MMM is also using
Its called Crowd Funding,The power of crowd funding, Banks And all financial institutions use the principle,That's is why the owner of this Banks are filty rich.

Where do you Think Bank Gets money they loan out ( Yes our Money) You evidently give bank your money when you and all those who have account with the bank Crowd Fund(Deposition Remember I want to make this more practical.

Look at this illustration, illustration U have 1million naira,U went to the bank And put it in a fixed deposit account With interest of 12% per year. U are happy As u leave the bank

The business man comes And request to use ur 1million for biz Same bank charge him 35% He agreed Went to do biz wt ur money And make profit

Pays d bank Ur 1million +35% At d end of d year U came and collect 12% Who is the fool among the 3?.

And who is the king?

They all get paid But one of them is the king. The Bank
The B A N K.

Now the bank collects our money. And loan it out To bizness men And make lots of money to pay d staff And enrich his life What happen to u d depositor.U get Nothing
Not even 1% of ur deposit.

Now MMM says No.Because of this unfair financial system.Sergie Mavrodi,Thought it necessary to look at d financial system and realized that, Banks survive because of the continues deposit and withdrawal of cash,At different intervals
And because of the population of people who have an account wt d bank. Sergey Mavrodi decided that even bank with that principle can even give us 50% of our money monthly but they won't do it

. The principle of crowding funding enable the bank to even give us more interest on our money monthly and nothing will happen.But because of the unfair financial system in place dey will never do it.

He realized that if we can come together. Like those population with bank account example I gave earlier .If We can copy the same principle bank and financial institutions use to flouish We can do a lot .

All it takes is just the Redistribution of cash flows. And the IDeology in MMM.

The system provides that redistribution.And with a great community with same goal and mindset it can be achieved.

Are u guys getting where am heading to?.

because people deposit at different times Banks lives on

.because people PH in MMM different times. MMM lives on

because people wifhdraw in bank different times. Banks Lives on

.because people GH in MMM different times. MMM lives on

Because of the influx of PH and GH regular PH and GH there will always be 30% to Pay to everyone .

Because of Regular Deposit and Withdrawal at different times and different amount there must always be money to withdraw in banks.

What if everyone match to bank and withdraw their money same time same day what do u think will happen?

Bank will collapse
Same thing in MMM

If every one GH at the same time MMM won't stand for long.

So its our responsibility to keep this community strong thru regular PH and GH.
The same principle Holds Bank and other financial bodies

*****************

How does it Work

You know about the popular word 'Contribution' where people contribute money to one person and there's a book where everyone's name is written. When it gets to your turn; everybody's money is given to you....

In MMM, we make pledges to donate our SPARE money to members who need the money. We do so by logging into our MMM account (Personal office) to make the pledge. We join the queue of people who made pledges after making the pledge.
We ONLY make pledges. We don't gather our pledges to give to one person. In MMM there is no CENTRAL ACCOUNT (No bank account where all our pledges are paid into). Members transfer money directly to each other.

Now, if a member in the community who has already made a pledge to provide financial help to another member and has fulfilled his pledge now needs help, he does that by logging into his MMM account (Personal Office) to say so.
The system, connects him with the person in the queue for providing help. If it's your turn on the queue to provide help; when you log into your Personal Office, you will receive the details of the person to provide financial help to.

As soon as you pay the money directly into the person's bank account who needs that financial help and that person acknowledges he has received the money, you are now qualified to receive help.

You then log into your personal office to ask for financial help. Someone/people in the queue who's turn it is to provide help will be assigned to pay you 30% of the donation you provided + the donation money itself.
Where does 30% come from?

There is no interest rate in MMM. In MMM after you donated money, you can be rewarded with mavro. It is an index of your tributue to the development of the Community. This index grows 30% a month. It is just a technical issue. Programmers can adjust this growth rate of mavro at any moment. The amount of mavro and its growth rate can be decreased, increased, stopped, cancelled. The amount of mavro and its growth rate can be adjusted at any moment to balance PH (Providing Help) and GH (Getting Help). That's why MMM can't collapse due to weak inflow of donations. If the inflow of donations will decrease, the amount of mavro will be adjusted, but the main important that the process of donation exchange will not stop. It makes MMM stronger than the financial organizations. Financial organizations have obligations, if they do not meet them, they will go bankrupt. MMM is very flexible. No matter what will happen, people will provide and get help.

Deep down within your heart, do you really believe this stuff you wrote?
Are you guys wiser and more intelligent than the economists and financial analysts that have been running our economy through the CBN over the years? I'm not saying they are perfect, but it's a very complex process. It's like telling a professor of surgery to shut up his mouth because you have an opinion from a patent medicine dealer. Kai!

Comparing banks and MMM:
1) If all the depositors in a bank come for their money the same day, and all those who took loans also return their money, a bank with good financial management will be able to pay back most (or even all) of its depositors.
Interest on loans is much higher than the interest on deposits including fixed deposits cos there are much fewer people who take loans than those who make deposits. If the interest rate is the same, banks won't be able to maintain interest on deposits.
In essence, the little interest paid to numerous depositors comes from the large interest charged to the few people that take loans.
Meanwhile, if all those that last provided help in MMM ask for their money and no new person provides help, there will be no money to pay them. The scheme will immediately collapse, but not just that. It will collapse will several millions of people without any possibility of paying them back.

2) Banks also have several other avenues through which they generate money. They sell forex and make several millions from it. For example, they get forex from CBN and sometimes sell them with upwards of ₦50 difference. If FBN sells $10 million to traders in a month, that is ₦500 million naira profit, or even up to ₦1 billion, if they sell at ₦100 naira gain. Mind you that they also charge outrageous amounts on card transactions in other currencies.
Again, banks charge money on current accounts and their transactions, funds transfers and several other bank charges on different transactions.
It's all these businesses that banks do that keep them afloat and not just because they collect deposits of people.
That is why First Bank has been there since 1894, and will still remain for many more decades or even centuries.

3) You guys keep bad-mouthing banks and their systems, yet the MMM uses banks for it's operations. Participants make bank transactions, and even their interests are retained in banks. How convenient to use the principle of banking only when it favours you.

You guys are really dumb in all these stupid explanations you give to defend the fraudulent scheme, MMM.
Now, let's create a scenario here.
Assuming that in the next 2 years (say September 2018), there are 80 million participants in MMM out of our population of about 180 million, and half (40 million) of them provide an average help of 1 million naira each that month (I said average cos I know many will provide help less than 1 million and many others will provide more than 1 million), that will be 40 trillion naira worth of help provided. By the following month, the 40 million people that provided the 40 trillion naira help will need to get help worth 52 trillion naira. That means an additional 12 trillion naira help must be provided in that next month. Remember we're assuming that each participant provides help worth 1 million naira, it then means there must be an additional 12 million people that will join the scheme that next month added to the original 40 million to be able to provide help worth 52 trillion naira. By the following month (November), the amount of help that will be provided for that 52 million people will be worth 67.6 trillion naira, and it will be provided by 67.6 million people. That is an additional 27.6 million people that MUST join the first group of 40 million in the scheme in that November, and must equally provide an average help of 1 million each. So it means that in 2 months, the 80 million (40 million + 40 million) participants must grow to 119.6 million (52 million + 67.6 million).
Remember we've not even factored the effect of the 10% paid to those that refer new people.

Can you now see how stupid this scheme is?
You say it isn't a pyramid scheme meanwhile, you pay people 10% for every new sign up, thereby making participants hustle to sign up new people.
I just laugh at the idiocy you guys display here on Nairaland.
I took out time to chat on WhatsApp with 2 Nairalanders like you who were defending MMM few weeks ago and by the time I finished making my explanation, they agreed with me that the scheme isn't sustainable. Their only point is that they will benefit from it before it collapses. I now ask, who are the people that will lose when it does collapse?

NOETHNICITY:
I m sure the source of this news will be one igberetv.com.
Sheybe ipods ve been saying that Baba no wan probe crooks within his govt? If Kachikwu indeed engaged in shady deals thereby short-changing the country am in support of any of any action instituted to probe him.

But he can't probe Buratai and Dambazzau. Infact, he carefully removed their names from the list. We are watching him.

phemmyutd:
Same reasons most of them are not able to go back to their village again leaving all there life in Lagos

The present population estimate of Anambra stands at nearly 5 million while Kano is over 9 million. Yet you open your mouth and say that most of Ndi Anambra live in Lagos. If most of them live in Lagos, it then means Anambra State alone has over 5 million indigenes in Lagos. Can you see how unreasonable you post is?

deife:
My brother, I tire ooo. If after spending 4 years at the university, he can't spell "acquired" then it's a pity.

Did he write it with his own hands? Why put the blame on him?

Beremx:
not at all. it's a very nice and big compound with eight flats. I just moved in there anyway. Can you imagine where i lived before, i pay 8k monthly for electricity bills? Can you see the disparity in the bills? That shows the discos are thieves.

You must be lying. In my flat which I share with another person, we spend about 15k monthly to recharge our meter.

HomesOfLife:
There are some gospel music that can substitute praying by merely singing along. Positive declarations with a lifted spirit can triple the effect of conventional prayers any day. Singing along to some songs by Sinach, Frank Edwards and Cobhams Asuquo can lift your spirit to unimaginable heights especially when your heart is heavily burdened.

Singing praise and worship songs lift up your spirit, and should launch you into prayers. It cannot be a substitute for effective fervent prayers (of a righteous man), which the Bible says availeth much.

Martins301:
Why are South Easterners always carrying out protest to save the neck of corrupt people? Is this how they plan to live in Biafra? Where a few fantastically rich persons will steal with reckless abandon and then use the proceeds to enslave the others? Hmmm. #Wiser

On the contrary, the south east is a region of the free. Nobody lords it over others unlike what you see in other regions. If you talk about enslavement of the poor by the rich, check the North.

midolian:
http://www.vanguardngr.com/2016/07/47-yr-old-man-6-yr-old-girl-slept-contrary-claim-five-times/

The b-east-s are @ work again.

How can you f-east on a girl without br-east-s?

This man should @ l-east be castrated b4 anything else.

The man isn't Igbo, bigot! Osubie isn't an east-ern name.

fiizznation:
Lol. Dude are you for real? So now some half baked educated literate like you who doesn't even know anything about the constitution or electoral act is correcting 'my gaffes' or what? This place called nairaland is funny. I laugh

I think you know who is half baked between both of us.

You maintain the lawyer didn't have any case, but instead of Buhari to go and thrash out the suit against him, he employed delay tactics by arguing why they should serve him the case in APC secretariat. Now, they've either forced or bribed (whichever is applicable here) the lawyer to drop the case.

Guy, stop questioning other people's literacy because yours is already in question.

fiizznation:
If I were to be buhari, I would have make made sure the lawyer that filed that defaming case spend spends the rest of his miserable life in jail; Even if not for anything, but to teach other fraudulent lawyers like him never to mix 'politics with job'. What silly case did the illiterate lawyer has have in the first place? The constitution is very clear about the requirements anybody that wished wishes to contest for the highest office must have and SSCE certificate isn't the only thing somebody needs.

And as for the people saying buhari should had have produced his cert and show it to the world, well sorry folks, but the President isn't obliged to show anybody his certificate.Btw what is even the status of the inconsequential lawyer that warrants the President to show him his certificate? If y'all want to see his certificate, then I suggest you folks take a stroll to asovilla and ask him for his certificate. Funny.

Anyway the lawyer should just thank his stars

I don't like the way you called the lawyer illiterate.

Buhari's entire military career is fraudulent because he never had WASC. Secondly, he committed perjury by lying that his certificate was with the military board when he didn't have any.

He hired 13 SANs to argue why the court notice should be served him in APC secretariat and not in Kaduna. That is simply the same kind of delay tactics Saraki used and APC supporters were accusing him.

dotcomnamename:
Just a question as my answer. Won't comment on this again.

''If you are a British Citizen, do you still need UK visa to enter the UK''?

That doesn't answer his question in any way.

funmijoyb:
Thank God at least is not
Baby factories

Drug dealing

prostitution

Boobs/porn actresses

Substandard products

Militants/kidnappers

you would have checked d name and rush out of thread. If u checked his history or background , he might have lived in d South west for a very long time.

Just like it isn't
Rape

Incėst

Ritual murders

Cannibalism

Internet fraud

Dirtiness

Laziness

The worst of human vices viz ritual killing and cannibalism predominate in your region.
Take away the log in your eyes, then you will see clearly to remove the speck in another's eye. So says the Holy Bible.