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PoliticsRe: Obaseki: Tinubu's Position In APC Is Not Constitutional by klas(m): 1:55pm On Sep 22, 2020
When did Obaseki realise this?

What did he think of the capacity of Tinubu when he visited him in Bourdilon along with APC governors during the struggle for nomination?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m):
Penboy:
Please gurus in the house.

I was having this conversation with someone and I want to get clarified.

Does banks sell dollars to individuals?
Yes, subject to the following

(1) If you are travelling to destination that is more than 6 hours flight time, you can buy up to $4,000 as PTA once in every 3 months. The $ will be handed to you.

(2) For medical treatment overseas, the $ will be credited to the hospital while your own PTA will be given to you if you also applied for it.

(3) For school fees, it will be credited to the school account.
TV/MoviesRe: Laycon Names Erica As An A-List Nollywood Actress by klas(m): 10:14am On Sep 03, 2020
But Nengi asked about actresses in Nigeria not A-list actresses.

Erica is an actress in Nigeria.

Laycon must be wondering what did he say wrong going by the reaction of the housemates.
TV/MoviesRe: BBNaija 2020 Live Updates Thread by klas(m): 4:11am On Sep 03, 2020
elegantslayer:
....lets also forget about Erica's response to Ebuka, d deed was already done before Ebuka shook the table and Kidd said he's got no feelings for her before Ebuka asked her who Kidd and laycon was to her...wat exactly did u guys expect her to say....
For the record, you got the narrative here twisted.

Ebuka asked Erica first about the seeming love triangle and she friendzoned both Laycon as 'just friend' and Kidd as 'special friend' before Ebuka asked Kidd.

It would have been silly of Kidd to profess affection in that situation when already friendzoned to his face.
TV/MoviesRe: BBNaija 2020 Live Updates Thread by klas(m): 9:00pm On Aug 16, 2020
For people asking for change in voting format, they still have 3 weeks to wait.

Big brother already announced the date at the beginning of the show on 19 July.

The normal nomination will start on September 7th and it will be for only 2 weeks

TV/MoviesRe: BBNaija 2020 Live Updates Thread by klas(m): 8:21pm On Aug 16, 2020
fergieboy:
The only way to spice up this show is for them to start normal nomination
That will be from week 8

The first normal nomination show will be on Monday September 7th.
AutosRe: Total Cost Of Clearing A Vehicle In Nigeria by klas(m): 7:58am On Aug 14, 2020
How much will clear each of these

Lexus GX 470 2007

Jeep Laredo Grand Cherokee 2011

Toyota Camry 2012

They will be by RORO but I don't know the shipping line that Monster Exports intends to use.
CultureRe: DSS Detains Tricycle Rider In Osun On Orders Of Ooni Of Ife Over Text Message by klas(m): 3:57pm On Aug 11, 2020
NaijaOlosho:
Who is Oni of ife to order DSS to arrest a citizenhuh

Where in the Nigerian Constitution gave the Oni the impetus to give such orderhuh

The constitution doesn't not recognize oni so what is his functionhuh

Just asking sad
Ooni didn't need to order.

If someone texted you threatening to kill you anytime he sees you and you report to security agencies, they may trace the culprit and detain him for investigation.
PoliticsRe: Emmanuel Omale: N573m Was Wrongly Posted To Magu’s Pastor Account - ADAM Nuru by klas(m): 6:10pm On Aug 10, 2020
Was the MD not cross examined?

The problem is not the 'erroneous' inflow into the pastor's account which was wrongly flagged to NFIU but did the pastor make outflow of the same amount?

If the bank claimed that the whole amount was the total balances of 943 customers in the branch, when and how was the error discovered and rectified?

Why was the error not reported to the NFIU when discovered?

What did NFIU see that made it link the sum to Magu when it was apparently an internal transfer of balances albeit erroneous as claimed?
PoliticsRe: Emmanuel Omale: N573m Was Wrongly Posted To Magu’s Pastor Account - ADAM Nuru by klas(m): 6:00pm On Aug 10, 2020
OROSUNBOLB:
Magu's Pastor ? I didn't know Magu is a Christian.
Lordsonn:
Christians in Buhari's government are really disgracing Christianity in Nigeria:

1) Magu
2) Magu's pastor - Omale
3) Babachir Lawal
4) Adeosun
5) Former CJN, etc.

6) Orji Kalu
7) Former governor of plateau state
Ibrahim Magu is a Muslim.
He used to attend jummah prayer with Buhari
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m): 7:25pm On Aug 07, 2020
zionaigbokhan:
I predict UACN to loss 10%.
You nearly got it - 9.49% grin
PoliticsRe: INEC Introduces Election Result Viewing Portal by klas(m): 8:17pm On Aug 06, 2020
BlueBanana:
Nice development but they should also make the vote counting electronic and phase out manual vote counting, as that has always been the main avenue ballot snatchers have used to disrupt elections.

It should be done in such a way, that once an electorate thumb prints on the logo of his preferred political party which will be displayed on a monitor, the vote is electronically counted and recorded and can be viewed in real time from the portal.

Before anyone says this is too taking or complex, this is what is done in South Africa, Votes cast are electronically counted and displayed in real time on a giant monitor for all to see.
Are you sure of the bolded?

Last national and municipal elections in South Africa was held on 8 May 2019 and final results were not known until 11 May 2019. In fact there was no projection of the winner until 10 May.
PoliticsRe: Agboola Ajayi Set To Join ZLP by klas(m): 7:13pm On Jul 29, 2020
DTaj:
For those who know Ondo politics very well, this move, if confirmed, has made Akeredolu's 2nd term SO EASY!

Now, this is it:

1. Mimiko and Akeredolu have been close friends from their time together at OAU (known as University of Ife at that time). They were both elected into the Students Union Government (SUG) at Ife. That friendship hasn't waned.

2. Akeredolu was one of the very active lawyers who fought for the recovery of Mimiko's Labour Party governorship mandate from Agagu of PDP up to the final court, in a long legal tussle sponsored and financed by Tinubu! So, it is payback time for a huge favour.

3. Since Akeredolu defeated Mimiko's anointed successor, Eyitayo Jegede, and got elected, he has NEVER publicly criticized Mimiko or Mimiko's government. It is rare for a Governor from a different political party not to criticise his predecessor who ruled under a different party! It happened because they are friends and Akeredolu actually told his cabinet members not to insult Mimiko at all. He also publicly stated that he won't probe Mimiko's government!

4. Ajayi, the current Deputy Governor, is from Ondo South, where he is strong politically. However, to neutralise him, Akeredolu has picked a younger version of Ajayi, Lucky, from the same area as Ajayi! So, even if Ajayi is expected to do well in the election Zenith Labour Party candidate in his own senatorial district, he will likely share votes with Lucky! Akeredolu will clear his Ondo North Senatorial District, considering 'son of the soil' mentality, like he did in 2016. Akure, in Ondo Central, where Jegede is from, will be shared among the three, due to its cosmopolitan nature and because being the state capital, no ethnic group is dominant.

5. Underground, if Ajayi eventually joins Zenith Labour Party, Mimiko might use him as a pawn to work secretly for his own personal friend, Akeredolu!

Largely, PDP's error was picking Jegede, a featherweight who got the votes he got in 2016 due to Mimiko's incumbency factor, instead of Ajayi, who is a grassroots politician who had previously been elected into the House of Representatives. It was a great mistake PDP made!

Now, with Ajayi reportedly "porting" to a weak ZLP, it's ROAD IS NOW CLEAR FOR AKEREDOLU!!!

Mark my words!
Good analysis but remember that Jimoh Ibrahim frustrated Jegede's candidacy in 2016 until about 2 or 3 days to the election. He couldn't even campaign.
PoliticsRe: Mamman Daura: I Don't Dictate To The President by klas(m): 10:50am On Jul 28, 2020
Joshmodest:
How Nigerians explain families can be confusing " My father was their mother's first born , buhari is the last born " ..for some minutes I was puzzled...
BTW Mr mamman we are not expecting yhu to tell us that you're controlling buhari before we know ...
Buhari is a leader who lacks the mental capacity to handle this country , hence his frequent movements to other countries to calm his brain from shutting down...
Such a man can be controlled by anybody who has access to him , even Shattabandle !
You are not the only one that is confused about the description of the relationship grin

I understand there is no hausa word for 'uncle' and the interview was done in hausa language.

Apparently, Buhari's mother had two husbands in her lifetime and she married Buhari's father after divorcing the first husband who happened to be the father of Mamman's father. Hence the emphasis on mother.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m): 2:27pm On Jul 27, 2020
PharmAlfred:
Julius Berger took a major hit in their half year result. It was expected but didn't know it would be this bad.
The hit is from forex losses of N2.8b in the 2nd quarter compared to N0.6b in the first quarter.

The naira devaluation hit them bad
PoliticsRe: Tenure Elongation: Mohammed Sani-Omolori Fights Back, Says NASC Can’t Sack Him by klas(m): 8:06am On Jul 16, 2020
homesteady:
Wait, so there is National Assembly Service Commission and National Assembly Management?

And I'm sure the both bodies employs hundreds of staff, contributing to the overbloated government workforce.
National Assembly Service Commission is equivalent of Federal Civil Service Commission and it is responsible for recruitment, discipline and promotion of national assembly staff.

National Assembly Management comprises top level staff at the level of Directors, Secretaries and Clerks.

Note that the definition of Secretaries and Clerks here is not typists ooo but high level staff above the rank of Directors
PoliticsRe: Joy Nunieh: I Resisted Akpabio’s Oath Of Secrecy To Commit Fraud At NDDC by klas(m): 4:37pm On Jul 11, 2020
staymore:
I am afraid they will come after Joy Nunieh with everything at their disposal.
They day Akpabio left Emmanuel Udom alone was when the gov. Could breath well.
What will they do to her again?

She was removed from office early this year.

Not that I believe many of these allegations by her though.
PoliticsRe: NFIU Office Burgled In Aso Rock, Computers And Other Items Taken Away by klas(m): 3:49pm On Jul 11, 2020
Yankee101:
The NFIU contains suspicious transactions, transactions above 10k$ and above set amounts for individuals and businesses. It is submitted by banks to the NFIU.

The people who did it are stupid and dull. All copies remain with banks for at least 8 years and you can't enter the bank's servers to destroy them

If I'm given the recovery I'll recall all copies from the banks. It will show all suspicious transactions people in power and Magu and his cronies performed

The department was made independent from the EFCC after international organizations complained and Nigeris was almost sanctioned. But obviously na same paddy paddy still dey run am. So sack everyone and bring in former bank auditors.

Nonsense
The burglars were apparently not looking for raw data supplied by the banks and OFIs which will be on the servers anyway but actionable analysis and cross matching already done by the unit's staff. That should be reason why they carted away the computers and destroyed those they couldn't
PoliticsRe: NFIU Office Burgled In Aso Rock, Computers And Other Items Taken Away by klas(m):
TheCvBank:
The NFIU used to be located at the CBN HQ until this present administration came on board, made it autonomous of the CBN and relocated their office to Aso Rock.
Now there's a break in and security guys on watch have been arrested, the usual Scape goats. Same security that couldn't do anything when the orders came from above to access the NFIU facility.
The story behind the destruction of the computers is a long one that'll never be exposed.
That is not correct.

1. NFIU office and anti-terrorism section of efcc had always been at Ibrahim Taiwo Street in the villa zone of Asokoro right from inception. Same with the Bureau for Public Procurement.

2. At inception, it was placed under efcc and headed by a Director - Okarau (now DG of Governors Forum)

3. It was the 8th National Assembly under Saraki that removed it from the control of efcc and made it autonomous but domiciled with CBN.
It is domiciled under CBN for administrative purpose as required by Ergomont Group which threatened sanction on Nigeria for non-compliance not that it has its main office inside CBN building.

So, it was initially under efcc, then CBN, not the other way round as you stated.
PoliticsRe: Reps Probe NPA Over Whistleblower’s $1bn Secret Account Claim by klas(m): 9:54pm On Jul 02, 2020
nedekid:
The aboki got judgment at high Court against npa and since npa no gree pay, they got a ganishee order 2010 or so to freeze npa account weh get any money.
Npa went as far as supreme Court to repeal the judgment but e no work.
The ganishee took effect 2019 and aboki collected the 1.5b usd available in that account.
It means the aboki probably got a judgment above that amount sef and only made do with what was available.
In summary the whistle blower no get case. Aboki don chop turn usd billionaire.
Don't mind the Reps. If you noticed, they just added 3 zeros to turn million into billions to make a case for probe.

The statement issued by NPA only stated the million figures to which the Rep member added 3 zeros.

If you Google the supreme Court judgement, the judgement is less than $10m and case had been on since 2005.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m):
Bjrokenhear003:
my point is that why will two of the directors buy the shares at 138 and 139(1million each) totally 138 and 139 million if they know the shares will fall below 120, will anybody want to loose at least 18-19 million
Taking risk which may go either way.

I know a sitting chairman (now former) of a top Nigerian bank that bought millions of the bank's shares at double digits price and was still holding them when the price tanked below N5. And no, the plan wasn't to increase stake.

This month, somebody bought 4 million shares of Nigerian Breweries at N42. A few days later, price touched N34.7. You would expect someone shelling out almost N200m at a go to have access to quality expert advice but then, market belongs to one and to everyone.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m): 10:35am On Jun 29, 2020
Heishere:
The Ogas are saying FCMB will rally. A PFA is a juicy asset for shareholders. If FCMB knows what they are doing they will make a lot of money from that venture
But FCMB already has a PFA.
It is the FCMB Pensions that wants to acquire AIICO Pensions. So it is not new to the business
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m): 6:17pm On Jun 20, 2020
rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/30612_JAPAUL_PLC_-_AGM_CORPORATE_ACTIONS_JUNE_2020.pdf

Japaul the Gold digger.
I said it in my analysis here
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5768#90457484

That Japaul won't be able to declare even 1k dividend despite the audio N40b profit.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m): 6:10pm On Jun 20, 2020
IYGEAL:
And the person who asked about FUGAZ may still not know what it means. I was banned for it too.
I answered the guy immediately that day. Though I wasn't banned, I just noticed now that my reply had been deleted.

What is offensive about full meaning of FUGAZ?
CrimeRe: Abiola Ayorinde Kayode Is On FBI Most Wanted List by klas(m): 1:48pm On Jun 18, 2020
OreMI22:
The shameless hawker Abiku Dabiri has tribalized crime in her hatred for fellow Nigerians.

Criminals should be condemned diligently AND consistently. You cannot fail to condemn criminals who are Yoruba and wait to wail only when a non-yoruba is the criminal. The pettiness of people like Abiku Dabiri occupying important positions in the country has helped to put the nail in the coffin of Nigeria as a country.
Read well. The OP deliberately truncated the report to tribalise it.

FBI declared 6 Nigerians wanted. 3 yoruba, 3 igbos.
Out of the six, 5 are working under Uzuh, an igbo who is the ring leader.

See their pictures and their crime.

Foreign AffairsRe: China Warns Britain That Beijing Will 'Strike Back If UK Steps Out Of Line' by klas(m): 3:41pm On Jun 17, 2020
DexterousOne:
SMH

The USA pulled out of the Iran deal

That's different

That's different


Trump asked for the renegotiation of NAFTA
That's also different
Really?

US pulled out and re-imposed the sanction that the agreement was made to relieve in the first instance.

In addition, any company in EU (or any country for that matter) that help iran to build the water dam that was specifically mentioned in the agreement is threatened with sanction.

EU only whimpered and now iran is regarding the agreement as aborted since EU cannot even save it from sanction.

And you still insist US has not thrashed an international agreement?

NAFCTA is no longer operational until renegotiated (in accordance with the whims of US). Are countries supposed to walk away from signed agreement without consequences?

What of Jerusalem status agreement?

International agreement is made on the premise that there will be at least a party powerful enough to enforce it or serve as deterrent to violation of the terms. If that powerful party go rogue, the agreement is gone.

Just agree that if you are powerful enough, you will not only turn international agreement to tissue paper, but to cesspit in addition.
Foreign AffairsRe: China Warns Britain That Beijing Will 'Strike Back If UK Steps Out Of Line' by klas(m): 1:53pm On Jun 17, 2020
DexterousOne:
What?

See what a supposed educated person is saying

Even the USA cannot turn international agreement to toilet paper undecided


What are these ones saying sef?
So what did USA turn Iran nuclear agreement into? Toilet itself?

What of the multilateral NAFCTA? What is the current status?

The UN agreement on Jerusalem is still very valid according to you.

US sanctioned Venezuela, Iran rushed oil to them as palliative. Now all the two countries shipping lines are in trouble for daring US.

EU that wanted to give Iran soft landing on the aborted nuclear deal is having its companies on US radar for sanction if they dare help Iran build a river dam.
PoliticsRe: EFCC Releases ₦5.7 Billion Out Of ₦7.9 Billion Seized From Okorocha To Imo State by klas(m): 5:00am On Jun 12, 2020
daddytime:
The unexpained balance come be the.charges for debt recovery abi?
Soulsymbol99:
The balance na for their logistics grin
Natural441:
This is what we are saying corruption.
Efcc where is the remaining balance

Hypocrite set of people
Chiedu4Trump:
where is the rest?
Comedian2019:
If you send pikin message, must you always collect change? grin
Na wa for you people o.

Didn't you all read it there that the contractors to Imo State government went to court to garnishee the remaining funds and the matter is yet to be decided by the court.

You want efcc to release the fund when it is already on notice that the fund is under garnishee process?
FamilyRe: Did Your Family Use This Plate & Tray? (Throwback Photo) by klas(m): 6:32pm On Jun 11, 2020
Bbbwings:
The other one we call it tanganran.
If we mistakenly drop it breaks
Na to chop knock for head remain cheesy
Tanganran is what we call porcelain chinaware in my area
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by klas(m): 10:06pm On Jun 08, 2020
stcool:
When Ote$ took over...people made so much killing from FO in millions

From N9 to Over N300...and all the debts disappeared. How they rewrote FO accounting I can't tell grin
The accounts were straight forward. It only reflected what happened behind the scene.

Now the history.

AP Plc was government owned and run by nnpc nominees prior to privatisation in 2001.

It was privatised by the BPE to Sadiq Oil owned by Peter Okocha (a protege of Atiku) in 2001

When Sadiq took over, they found that the company was owing nnpc and banks which were not disclosed during due diligence (the nnpc nominated directors had used their insider's relationship to misrepresent to the auditors that no liability of such existed)

A presidential commission of inquiry was set up to unravel the fraud but before its report could be released in 2004/2005, Obj/Atiku quarrel escalated and Obj people went for AP (since okocha is seen as atiku's confidant) by instigating nnpc to demand for repayment of its credit that was still being challenged or otherwise convert it to shares.

With presidential backing, the trade payable was converted to shares in favour of nnpc (thus removing the trade payable liability) but it materially reduced the core investment holding of Sadiq Oil, so Sadiq oil decided to bail out by selling its now heavily diluted stake to a group reportedly shadowing for Ibori/Ighara cabal and were in control Afribank then. Mission accomplished for Obj and his people.

On exit of Sadiq group, Obj initially offered the nnpc shares to Jimoh Ibrahim's Energy group but Jimoh was in the opposition ANPP then, so it was withdrawn and given to Ote$.

With Ote$ in the saddle, the hitherto unreleased report of the presidential inquiry was released and the banks were indicted and all of them required to refund the excess interests they had collected which was partly used to wipe off their principal. For some years, the major income of AP was interest write-back and subsidies refund.

Around 2010/11, Ote$ capitalised on his friendship with the newly installed GEJ and the GEJ/Ibori beef to muscled out the Ibori/Afribank group in a messy publicised corporate fight. He won and renamed AP to FO (his initials).

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