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Politics › Re: Foreign Debt To Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans by Konquest: 2:30pm On Jun 17, 2025

Beautifulgirl:
https://www.vanguardngr.com/2023/11/foreign-debt-to-top-51bn-as-tinubu-seeks-fresh-7-8bn-e100m-loans/

There's absolutely NOTHING wrong in borrowing. The United States is currently the largest debtor on Earth.

Borrowing for long-term developmental purposes in emerging economies is key and a global practice all over the world.

It's shameful that right from page 1, a lot of highly illiterate and semi-literate posters on this thread have been posting about the demerits of borrowing from creditors. If a country isn't found worthy, NO international creditor would advance financial aid to any country. Lagos State too has the biggest debt profile in Nigeria NOT because of mismanagement as posted by one boy on page 1 BUT because Lagos State can easily pay back and this is why creditors gave Lagos State those funds through the bond market and more. Lagos State can even survive WITHOUT the usual monthly Federal Government allocation (that a lot of states depend on) right from the former Governor Raji Fashola years as officially announced by him due to the dynamic financial engineering and brilliant team of administrators serving in Lagos State's past and present governments.

I wonder what kind of schools these random posters here went to because this is basic "developmental economics" knowledge. The level of tribal bigotry and the poor education standards in some schools in Nigeria have indeed nosedived and needs revamping through the devolution of more powers to the States in an urgent constitutional amendment otherwise you will continue to have the WORSE kind of semi-literates contributing to important topics like this on NL (and other online platforms) that they know absolutely NOTHING about. Period.

Politics › Re: Insecurity: ‘State Police No Longer Optional,’ Tinubu Seeks Reforms by Konquest: 2:21pm On Jun 17, 2025*

Celestialsword:
https://dailytrust.com/insecurity-state-police-no-longer-optional-tinubu-demands-constitutional-reforms/

This is exactly what I indicated yesterday and the day before in my posts. If these politicians led by President 'Bola Ahmed Tinubu and the Federal legislatures know what's good for them, they MUST hit the ground running from this very month to activate the process of constitutional amendments in order to remove the insane inneficiences in the Nigerian system.

They ALSO CLEARLY have to remove the minority Fulani political hegemony over Nigeria and specifically angry male and female indigenous Hausa people who are upset in online videos that I have seen at being killed and dispossessed of their ancestral homelands in Hausaland by foreign Fulani herders and bandits over the years in Katsina, Zamfara, Sokoto, Kebbi, parts of Northern Kaduna such as the Birnin Gwari agricultural belt, etc. To make matters WORSE the Hausas are 4 times more populous than the minority Fulani political hegemonists who have planted themselves in strategic positions as Governors of all the Hausa States of the North West of Nigeria but currently NO Hausa man is a Governor, and NO Hausa man or woman has ever been a President of Nigeria since 1960. It's shameful that internal colonialism by a foreign Fula minority is still going on as of 2025 and has to STOP because the Fulas (who are of North African Berber paternal ancestry) have NO single ancestral homeland in Nigeria. British Colonial rule and military rule was used to prop the Fula political hegemony up but this has to come to a final end with the constitutional amendments. Period.

1 Like

Politics › Re: List Of Those Killed In Yelewata Attack In Benue State by Konquest: 12:56pm On Jun 17, 2025*

enemyofprogress:
https://www.facebook.com/share/p/1Dr9GoEBEa/

This list has to be formally verified to prevent the spread of FAKE news that usually occurs during situations like this regardless of the FACT that it's from Idoma Voice. During the 2020 End SARS protest, we all saw how many people were listed among the dead ONLY for them to come out and debunk such claims.

Another official confirmation of these names by the Benue State government is needed right here.

NO doubt people died in the hands of those foreign Fula bandits in Benue and the mainstream media ONLY got to after the new Pope allegedly offered prayers for the dead..

This is the last time these kinds of killings must take place anywhere in Nigeria in the hands of these Fulani bandits otherwise there will be dire consequences for the politicians who are acting in a politically correct manner despite knowing the foreign Fulani ethnic origins of the bandits.

Properties › Re: How Much Would It Cost To Build Something Like This? (picture) by Konquest: 10:56am On Jun 17, 2025

yemmit90:
A lot of novices here who know next to nothing about building are just calling anyhow figures just because they heard things are too expensive from some dubious contractors.

The picture up there is one bedroom apartment with no special design or pillers. With 2.5 or 3 million naira, you should be able to do everything from A -Z.

Great clarification from you right there.

Properties › Re: How Much Would It Cost To Build Something Like This? (picture) by Konquest: 10:54am On Jun 17, 2025

Odidigboigbo:
Obviously, you know nothing about building. For your information, one bag of cement is 10.5k. For moulding of block, block laying, foundation , plastering, etc; this will consumed not less than 100 bags of cement for this house.That is above 1m already. Not to talk of roofing, plumbing and finishing.

For your information, one bag of cement is 10.5k. For moulding of block, block laying, foundation , plastering, etc; this will consumed not less than 100 bags of cement for this house

Properties › Re: How Much Would It Cost To Build Something Like This? (picture) by Konquest: 10:39am On Jun 17, 2025

GloriousGbola:
500k is not enough for the concrete floor slab
maybe this without water or electricity

That mud hut looks quite impressive and creative though.

Stabilized laterite bricks technology or adobe bricks is what people should be looking at using to build because they make the rooms cooler in hot daylight, are bulletproof and earthquake resistant instead of using cement blocks which have spaces in them and will easily collapse if an earthquake suddenly hits where these kinds of houses and mansions built with cement blocks are heavily concentrated.

Properties › Re: How Much Would It Cost To Build Something Like This? (picture) by Konquest: 10:32am On Jun 17, 2025

GanagiBitrus:
Bamboo version will cost less than 150k.

One massive burst of hurricane winds and that Bamboo building in the ATTACHED picture which looks simple and innovative by the way, will fall down NOT to talk of security concerns with robbers easily breaking in. Although I've read in the past that bamboo can be made STRONGER using special treatment methods.

Business › Re: Israel-Iran Conflict: Marketers Hike Petrol Prices As Crude Oil Hits $74 by Konquest: 9:48am On Jun 17, 2025*

adenigga:
According to OPEC, “Apart from petroleum, the country’s (Iran) other natural resources include natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc and sulphur.”

While the United States has called for calm, Iran has vowed a “harsh response,” increasing uncertainty in the market.

JP Morgan predicts $120 – $130 per barrel
Projecting on how the crisis will further impact crude oil, global banking giant, JP Morgan puts its base-case oil price forecast for 2025 at more than $60 per barrel, adding that prices could hit between $120 and $130 per barrel in the event of worst-case outcomes such as military conflict and a closure of the Strait of Hormuz.

Expect high energy cost, inflation, others — CPPE

Highlighting possible impacts of the Israeli-Iran War on the Nigerian economy, the Director/Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said: “The outbreak of war between Israel and Iran has added a troubling dimension to the challenges of an already floundering global economy.

“For the Nigerian economy, the implications are mixed. The development portends a combination of risks and upsides for the economy.

“A major driver of energy prices in Nigeria is the global crude oil price. With the outbreak of the Israeli-Iranian war, crude oil prices had surged to $75 per barrel from $65 per barrel a week before. This is a 15% jump within days. This has obvious implications for petroleum product prices globally.

Economies around the world [Nigeria inclusive] would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term. This would have far reaching implications for many economies and businesses.

Source: https://vanguardngr.com/Israel-Iran-conflict-Marketers-hike-petrol-prices-as-crude-oil-hits-$74pb

According to OPEC, “Apart from petroleum, the country’s (Iran) other natural resources include natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc and sulphur.”

While the United States has called for calm, Iran has vowed a “harsh response,” increasing uncertainty in the market.

JP Morgan predicts $120 – $130 per barrel
Projecting on how the crisis will further impact crude oil, global banking giant, JP Morgan puts its base-case oil price forecast for 2025 at more than $60 per barrel, adding that prices could hit between $120 and $130 per barrel in the event of worst-case outcomes such as military conflict and a closure of the Strait of Hormuz.

Expect high energy cost, inflation, others — CPPE

Highlighting possible impacts of the Israeli-Iran War on the Nigerian economy, the Director/Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said: “The outbreak of war between Israel and Iran has added a troubling dimension to the challenges of an already floundering global economy.

“For the Nigerian economy, the implications are mixed. The development portends a combination of risks and upsides for the economy.

“A major driver of energy prices in Nigeria is the global crude oil price. With the outbreak of the Israeli-Iranian war, crude oil prices had surged to $75 per barrel from $65 per barrel a week before. This is a 15% jump within days. This has obvious implications for petroleum product prices globally.

Economies around the world [Nigeria inclusive] would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term. This would have far reaching implications for many economies and businesses.

“Energy cost is a major factor in the Nigerian inflation equation. It impacts production cost, logistics cost, transportation costs, and the cost of power generation. This presents an inflationary scenario. These additional costs would be passed on to final consumers, depending on the degree of consumer resistance.

“There is also a global inflation dimension. Energy prices have global inflationary implications. Therefore, there is also an expectation of imported inflation in the unfolding geopolitical scenario.

“High inflation drives interest rates as monetary authorities respond to the inflation outcomes of current geopolitical headwinds. A tighter monetary policy regime is expected in Nigeria and other monetary jurisdictions. The expectation is that economies around the world may experience renewed pressures on interest rates. Higher global interests could adversely impact portfolio flows with implications for foreign reserves.”

He said: “High energy cost, elevated inflationary pressures and a spike in interest rates are all headwinds that could undermine the profitability of businesses in the economy. Investors in the non-oil sector are likely to be more vulnerable in the present situation. Nigerian firms with strong business links in the Middle East and those with strong supply chain linkages in the region would be vulnerable at this time because of the current instability in the region.

“There is a risk of high monetary growth with an increase in revenue from the oil sector. Money supply increases in the Nigerian economy as oil revenue increases because of the monetization of oil receipts. This could pose additional inflation risk and exchange rate depreciation risk. This may provoke a tighter monetary policy stance, which could result in difficult credit conditions for businesses in the economy.

“The already floundering global economy would be adversely impacted by this new geopolitical crisis.

Global stock markets are reflecting this ominous outlook – the Dow Jones, S & P, and Nasdaq are trending downwards. There is a flight by investors towards ‘safe haven assets’ as global uncertainty heightens. However, in Nigeria, there is historically a positive correlation between crude oil prices, GDP growth, and stock market performance. The outlook for the Nigerian stock market is therefore likely to be positive in the current context.”

He also said: “If the current conflict persists and escalates, the Nigerian economy may record upsides in a number of areas. The surge in crude oil price would impact on foreign exchange earnings, oil being the biggest forex earner for the country. This would even be more impactful if output performance improves. Crude oil price has surged to $75 per which is about 15% higher than before the outbreak of the Israeli–Iran conflict. This development would also positively impact the country’s foreign reserves; ensure better forex liquidity and ultimately the stability of the naira exchange rate.

“The oil sector currently accounts for about 50% of government revenue. An improvement in crude oil price would therefore have a significant impact on government revenue. An improvement in revenue would positively impact fiscal consolidation and hopefully moderate the growth of the fiscal deficit.

Investments in the oil and gas sector would post better returns if the conflict persists. High oil price is good news for upstream oil and gas investors.”

Nigeria eyes windfall, but risks linger — Prof. Iledare
On his part, Professor Wumi Iledare, a globally respected petroleum economist and former President of the United States Association for Energy Economics (USAEE) and International Association for Energy Economics (IAEE), said: “As global oil prices edge closer to the $90 per barrel mark, energy markets are once again in bullish territory—buoyed by supply discipline from OPEC+, geopolitical tension in the Middle East, and resilient global demand. For Nigeria, the world’s 15th largest crude exporter, this upward swing offers a potential windfall for foreign exchange earnings and budget support.”

Prof. Iledare, also a former President of the Nigerian Association for Energy Economics (NAEE), and Africa Regional Director and Society of Petroleum Engineers (SPE), said: “Brent crude, the international benchmark, is currently trading within the $73–$74 range, with analysts warning that prices could cross the symbolic $100 threshold if conditions tighten further. Heightened tensions in oil transit corridors, particularly the Red Sea and Strait of Hormuz, coupled with underinvestment in new supply, are contributing to the rally.

“Oil prices can spike in the short term, but sustainability depends on fundamentals. For Nigeria, the key is not just high prices, but how prudently the windfall is managed. Without fiscal discipline and refining capacity, high prices may offer temporary relief but not lasting transformation.

“In Nigeria, rising oil prices could ease fiscal pressures and improve dollar liquidity. Still, analysts warn that unless structural reforms are accelerated—particularly in refining, subsidy management, and energy governance—the benefits of another oil rally could again slip through the cracks.”

Crude oil price rise will be temporary, expert
Similarly, the partner at Kreston Pedabo, Olufemi Idowu said while the government would see a rise in revenue, the gains would be temporary.

Idowu pointed out that with the crises in the Niger Delta and with Nigeria having used most of its crude oil production to take loans, the government would benefit much.

According to him, “the price of crude oil has increased and because our budget was based on $75 barrels per day, from the revenue side any price above $75 is to the advantage of Nigeria. As a country, if we are able to maintain stability in the Niger Delta and if we are able to meet our production quota from OPEC, I think it is a positive for us.

“This means that we will have more inflow of revenue. Again, the other side is that if we are able to take advantage of the crisis in the middle east, and increase our revenue, it would mean that we are earning more foreign exchange which will help us to have stability of the naira. There wouldn’t be more pressure on the naira. In recent times, we have seen the naira appreciate and this trend will continue if we can take advantage of this situation”.

He however cautioned that the gains will be tempered by the forward sales of Nigeria’s crude oil for loans.

“We have used a lot of our crude to obtain loans from international banks and this will lower our gains. So, it is difficult to say that we are going to take advantage of the situation. We have been through this route before during the Ukraine-Russia war, the crisis did not necessarily translate into a major revenue surge for Nigeria. I think the optimism is a temporary thing”.

Idowu warned the major impact will occur in the downstream sector as the price of petroleum products would likely rise following the deregulation of the sector, pointing out Dangote Refinery still buys its crude oil feedstock at the international price.

“Despite the Crude for Naira policy, Dangote still buys at international price and if it is buying at international price, it means that crude oil sales to Dangote will be at a higher price. This means that the pump price of petrol is going to increase. And since the government is not subsidising despite having more money because it has been deregulated, it means the cost of goods and services will go up.

“So, why on one hand, the government may be celebrating higher revenue, the likely impact on consumers may be something they would not want to wish for”, he added.

Windfall could impact budget 2025 — OGSPAN
Also, the National President of the Oil and Gas Services Providers Association of Nigeria, OGSPAN, Mazi Colman Obasi, said: “The tension could be beneficial to Nigeria as well as other oil and gas producing and exporting countries as crude oil prices would likely be in excess of $75 per barrel.
“The nation’s 2025 budget was based on $75 per barrel and more than two million barrels per day output.”

Culture › Re: 11-Year-Old Horse Rider, Kuku Hamidah Steals The Show At 2025 Ojude Oba Festival by Konquest: 9:33am On Jun 17, 2025

Islie:

11 year old Kuku Hamidah Anjolaoluwa earned recognition as the youngest female horse rider as she rode her way into the hearts of thousands at the Ojude Oba 2025 grand cultural parade.

Representing the prestigious Kuku Royal Family, Hamidah made a stunning return for her second official appearance at the annual celebration, and this year, she delivered a performance that wowed the crowd and drew admiration from all corners of the festival ground.

Hamidah began horse riding at the tender age of 6, trained diligently by her father, a seasoned horseman and cultural custodian who saw not just potential in his daughter but purpose. She had appeared alongside him for years, quietly learning the ropes and earning respect behind the scenes. But it was in 2024 that everything changed.

That year, Hamidah stepped into the spotlight solo, commanding attention with a rare blend of poise, confidence, and elegance that stunned even the elders. Her performance instantly made her a standout — and the youngest female rider to ever shine in the historic parade.

“Ojude Oba is more than a festival to me. “It’s a celebration of our heritage and unity,” Hamidah shared. “Riding symbolises strength and courage. It reminds me that being a young woman doesn’t limit me — I ride to represent tradition and progress.”

In a heartwarming twist, her 2025 appearance came with extra meaning: Hamidah was joined by her 6-year-old younger brother, marking his debut ride and adding another layer of legacy and family pride to the moment.

“Before the festival, I remind myself who I am, who I represent, and why I ride,” she said.

Her father, proud and emotional, added, “This isn’t just about riding horses. It’s about raising children who understand the richness of where they come from and are proud to represent it.”

The crowd’s reaction said it all – cheers, applause, and phones lifted in the air capturing the moment a young girl, trained by her father, rode with the spirit of royalty and inspired a new generation.

Kuku Hamidah’s story is more than just a festival highlight. It’s a powerful reminder that the future of tradition is already in motion — galloping forward with pride, purpose, and possibility.

https://guardian.ng/news/nigeria/metro/11year-old-female-horse-rider-steals-the-show-at-2025-ojude-oba-festival/

Hamidah Kuku... A direct descendant of Balogun Kuku Royal family. Care has to be taken while riding horses though. Some people have been thrown off the backs of horses they were riding in the past and got spinal cord injuries. #OjudeOba2025

2024 was the year of the iconic images of the investment banker and finance specialist Farooq Oreagba with the Cuban cigar on horseback. Impressive annual festivities.

Business › Re: Bill Gates: I'm Leaving Most Of My $200bn Fortune To Africa by Konquest: 9:20am On Jun 17, 2025

BlackViper:

https://www.youtube.com/watch?v=p0ahxfF7Kt4?si=fJeF9368JN6qKbbS

Bill Gates has announced an ambitious philanthropic commitment: over the next 20 years, he plans to donate the majority of his unprecedented $200 billion fortune to Africa.

Speaking at the African Union in Addis Ababa, Ethiopia, Gates emphasized that the funds-allocated through the Gates Foundation-will be used to transform healthcare, expand education, and drive Al-powered health innovations across the continent.

Bill Gates has announced an ambitious philanthropic commitment: over the next 20 years, he plans to donate the majority of his unprecedented $200 billion fortune to Africa.

Speaking at the African Union in Addis Ababa, Ethiopia, Gates emphasized that the funds-allocated through the Gates Foundation-will be used to transform healthcare, expand education, and drive Al-powered health innovations across the continent.

Impressive takes from Bill Gates to boost healthcare with AI and expand education.

However, Africa requires long-term investments NOT just in education but in infrastructural, industrial, business, and tech investments. BUT there MUST be peace in any African country for innovations and development to thrive and reach the level of China's industrial leap from 1980 when China was LARGELY rural to the year 2020 when China reached its economic peak and technology ascendancy.

Foreign Affairs › Re: Iran’s Supreme Leader Facing Fury As Economy Collapses After Israel Attack by Konquest: 8:58am On Jun 17, 2025

BlackViper:
Ayatollah comes under pressure to improve relations with the West amid Israel attack and economic collapse

Iran’s supreme leader is facing growing anger from within the regime’s ruling inner circle following Israel’s attacks on the country’s nuclear infrastructure.

Israel launched a wave of air strikes on Friday, killing top commanders and nuclear scientists, and bombing sites in an effort to stop Tehran building an atomic weapon.

In response Tehran fired a salvo of missiles at Israel, which were largely intercepted.

As hardliners continue to threaten vengeance against Israel and its allies in the wake of the strikes, there are signs of a deepening rift between Iran’s extreme and moderate voices.

It has mainly been left to the hardliners to articulate Iran’s official response.

The country’s state-owned Fars News Agency, closely affiliated with Iran’s Islamic Revolutionary Guard Corps, quoted a senior military official warning that, apart from attacking Israel, “the war will spread to all parts of Israel and American bases in the region in the coming days, and the aggressors will be targeted with a decisive and widespread response”.

In an attempt to silence criticism of the regime’s handling of the crisis, Mohseni Ejeie, Iran’s chief judge cleric, issued a warning on Saturday that any Iranian citizen who posted comments on social media supporting Israel’s attack would face sentences of up to six years in jail.

Even so, as criticism of the regime’s handling of the crisis begins to surface, it is likely to find itself under pressure to explain its inability to defend the nation from Israel’s assault, despite the vast sums it claims to have spent upgrading the Iranian military.

Private text messages shared with The New York Times reveal that some Iranian officials are questioning why Iran’s air defences have not been more effective in repelling Israel’s attacks, which hit its arsenal of ballistic missiles and assassinated senior figures in Tehran’s military chain of command.

"Where is our air defence?” texted one official, while another asked: “How can Israel come and attack anything it wants, kill our top commanders, and we are incapable of stopping it?”

Hamid Hosseini, a member of Iran’s Chamber of Commerce’s energy committee, said: “Israel’s attack completely caught the leadership by surprise, especially the killing of the top military figures and nuclear scientists. It also exposed our lack of proper air defence and their ability to bombard our critical sites and military bases with no resistance.”

Mr Hosseini also raised concerns about Israel’s apparent infiltration of Iran’s military and security forces, enabling it to conduct covert operations in Iran’s armed forces and nuclear targets.

In its response to Israel’s attack, Iran was also only able to muster 200 missiles, despite an order from Ayatollah Khamenei to launch a barrage of 1,000 and reports that Iran was planning a response in the event of an Israeli attack for over a week.
Damage of residential homes after Iranian missiles hit Israel.

From the start of Iran’s Islamic Revolution in 1979, the battle between the regime’s moderate faction, which seeks to adopt a less confrontational stance towards the West, and the ideological hardliners has been one of the regime’s defining characteristics.

While Ayatollah Ali Khamenei, the country’s supreme leader, remains the hardliners’ undisputed head, Masoud Pezeshkian, the country’s recently elected president, is viewed as representing the regime’s more moderate wing.

https://www.telegraph.co.uk/world-news/2025/06/14/iran-supreme-leader-khamenei-israel-air-strikes-nuclear/?WT.mc_id=tmgoff_youtube_youtube-community

From the start of Iran’s Islamic Revolution in 1979, the battle between the regime’s moderate faction, which seeks to adopt a less confrontational stance towards the West, and the ideological hardliners has been one of the regime’s defining characteristics.

While Ayatollah Ali Khamenei, the country’s supreme leader, remains the hardliners’ undisputed head, Masoud Pezeshkian, the country’s recently elected president, is viewed as representing the regime’s more moderate wing.

Politics › Re: Stop Disrespecting Tinubu - Maharaj Ji Warns Hakeem Baba Ahmed by Konquest: 8:40am On Jun 17, 2025

TimeManager:
“As spokesman of Northern Elders Forum (NEF), Hakeem was (and apparently still is) the flippant mascot of Fulani political domination of Nigeria. If he has any axe to grind against the person of Bola Ahmed Tinubu, he should wait till after Asiwaju Bola Ahmed Tinubu’s tenure as President of Nigeria expires. So long as Bola Ahmed Tinubu exists as President of Nigeria, Hakeem Baba Ahmed must give him his due respect as President, not as his political colleague or as his Muslim comrade.

“If Hakeem insists otherwise, I will personally see that he is deported to Mauritania, his original country (i.e. his actual country). So far, Hakeem Baba Ahmed has been a most nuisance member of the Koran – wielding and British (and Saudi) supervised feudalist coven that ran Nigeria aground.

“If in the estimation of Hakeem and his group of feudal Arewa fellows, President Bola Ahmed Tinubu is bad, I say all members of NEF are far worse, individually and collectively. This is not the time to allow desert snakes and Sahel hyenas who insists Nigeria is their birthright; by criminal British colonial gifting, to have their way against truth, equity and fairness in our only country
https://independent.ng/stop-disrespecting-tinubu-maharaj-ji-warns-ex-nef-spokesperson-hakeem-baba-ahmed/

“As spokesman of Northern Elders Forum (NEF), Hakeem was (and apparently still is) the flippant mascot of Fulani political domination of Nigeria. If he has any axe to grind against the person of Bola Ahmed Tinubu, he should wait till after Asiwaju Bola Ahmed Tinubu’s tenure as President of Nigeria expires. So long as Bola Ahmed Tinubu exists as President of Nigeria, Hakeem Baba Ahmed must give him his due respect as President, not as his political colleague or as his Muslim comrade.

“If Hakeem insists otherwise, I will personally see that he is deported to Mauritania, his original country (i.e. his actual country). So far, Hakeem Baba Ahmed has been a most nuisance member of the Koran – wielding and British (and Saudi) supervised feudalist coven that ran Nigeria aground.

“If in the estimation of Hakeem and his group of feudal Arewa fellows, President Bola Ahmed Tinubu is bad, I say all members of NEF are far worse, individually and collectively. This is not the time to allow desert snakes and Sahel hyenas who insists Nigeria is their birthright; by criminal British colonial gifting, to have their way against truth, equity and fairness in our only country

Politics › Re: Tinubu To Visit Benue Wednesday Over Continued Killings by Konquest: 8:14am On Jun 17, 2025

aljharem:
Mr President, Fulani herdsmen is not a governor issue but a national security issue that needs to be curbed asap.

They kill and kidnap with reckless abandon.

If you are unable to resolve this then your government has failed.

Succinctly stated.

These are foreign Fulani militia invasions of Nigerian indigenous communities in several states for several years now. It's ONLY people who have NO ancestral or emotional affiliations to Nigeria that do these killings. The minority Fulani aggressions must be tamed now and forever. Period.

Nairaland General › Re: Death Toll Rises To 151 After Flooding In Nigerian Town by Konquest: 8:04am On Jun 17, 2025

aswani:
All OK here as I hope you are. Great insight into the topic at hand as usual.

Thank you.

@aswani,

My pleasure.

All the best.

1 Like

Romance › Re: Single Men, What Is The Most Ridiculous Excuse A Lady Gave For Not Marrying You? by Konquest: 7:46am On Jun 17, 2025

hosemujica:
Well I was talking to my single friend few months ago, and I asked about his ex, he said aunty told him.“ I can’t marry you cause we are not from the same state.

Girl is from Enugu baba is from Imo. Baba said he’s engaged now, hanty is still running from pillar to post.

Note: She came back wanting to rekindle the relationship but my friend was long gone. Hence my pillar to post statement. If you can’t marry outside your state then why bother dating outside your state.

She has a right of choice to reject anybody based on her preferences though. Cultural and regional differences matter a lot in the sustainability of long-term relationships. Only a fraction marry outside their ethnic groups or regional ecosystems. This is why people worldwide have married their own kind for centuries now.

Politics › Re: PETROAN Kicks Against Dangote Refinery’s Fuel Distribution Plan by Konquest: 7:31am On Jun 17, 2025

oshiokpu:
lol, I saw this coming as far back as 2019. In fact I sat on an interview with the MD of Rain Oil for the final stage of their recruitment process and my question to him was what they plan to do to their business model when Dangote becomes operational because in my mind this was inevitable especially when you see Femi Otedola who happened to be a friend of Dangote divesting from Forte Oil. The MD answered me casually that Dangote will simply become their supplier but I wasn’t convinced. My take is that the end of fuel importation/Tankfarm storage/Fuel station as a business in Nigeria is near. It’s only a matter of time.

Dangote will push most of them out eventually so they better start exiting strategically!

Indeed, 'Femi Otedola saw the future and quickly bailed out from Forte Oil. A real investor or business person MUST always have the ability to discern patterns (or business cycles) otherwise you will get frozen like a reindeer that gets hit right in the eye with lights from vehicle headlights.

The fuel importation that started during the IBB and Abacha years and the irritating tankfarm storage business is just a product of Nigerian inneficiency over the decades that should NEVER have occured but the corrupt military rulers did NOT fund the turnaround maintenance of the existing refineries as-and-when-due every two years, hence the refineries got damaged and it enable those terrible military rulers of the 1990s to use their mostly Northern cronies and proxies with a few Southern ones linked to the NNPCL to privately import all kinds of fuel from abroad and become overnight millionaires and multimillionaires.

1 Like 1 Share

Politics › Re: PETROAN Kicks Against Dangote Refinery’s Fuel Distribution Plan by Konquest: 7:16am On Jun 17, 2025

Reference:
They call it the earthquake tsunami effect where the earthquake sucks the ocean towards the fault causing the beach water to retreat.

The unwary are then drawn in amazement to the exposed beach and find rich pickings in stranded fish and valuable sea shells and ornaments knowing little that disaster will come roaring back faster than a jetliner when the market is totally monopolized and the dearth of competition sets the stage for price fixing.

Mr. Dangote is one hell of a hardnosed capitalist. Unfortunately the people and the governments they elect are leagues behind.

I hope we will not be forced to hand over the entire economy to this guy the way we are busy mismanaging while he innovates.

I like your graphic quake tsunami effect analogy right there. That's what happens in the real-world or the business world... You either innovate OR die. Period.

The use of new 4000 CNG-fueled trucks was a very deft move by Dangote due to the FACT that CNG is far cheaper than PMS fuel and diesel, and further emphasizes what I have been saying since the 2000s about the deployment of CNG-fueled trains, CNG-fueled haulage trucks, and high-capacity CNG-fueled buses to lower the artificial inflationary pressures, total costs of production, crash food prices and transportation in Nigeria. That would lead to significant savings for the folks on the street level as long as a watch is kept on those greedy speculators and middle men who try to hoard food items for quick profits of 60% to over 100%. This is what BUA rice was able to achieve last month by crashing 50kg rice to N60,000 by cornering the paddy rice speculators and hoarders who made rice production and cost expensive. Dangote too said he would crash his own rice further and I assume that the deployment of more of his CNG-fueled trucks would further aid in that food crash due to lower logistics cost.

Politics › Re: PETROAN Kicks Against Dangote Refinery’s Fuel Distribution Plan by Konquest: 6:57am On Jun 17, 2025

stagger:
Dangote should send these people back to the village.

My personal and business fuel consumption is close to 700 litres a month. Savings of N25 per liter puts N17500 back in my pocket a month, or N210,000 a year.

I know what that savings can do for me in one year. I can use it to buy a bag of rice and food items for Christmas.

So please, send these people back to the village.

That's a lot of fuel you use per month but the projected savings too will be significant with the Dangote Petrochemical Refinery petrol deployments.

Ultimately the use of CNG-based fuel for personal and business use will lower your overheads. The industries in Ikeja and parts of Ogun State for instance have used gas for over 15 years now as an alternative for their industrial operations with gas turbines to generate electricity.

Politics › Re: Tinubu To Visit Benue Wednesday Over Continued Killings by Konquest: 8:59pm On Jun 16, 2025

professorPABX:
I reserved my comment but will say few things.

Firstly, in 2019 Obasanjo spoke about Fulanization and Islamization of Nigeria and the entire Africa continent. In one of his speeches delivered at another forum he gave a breakdown about the origin of Fulani. He said the government is not serious by handling the issues of Boko Haram and Fulani invasion with gloves hands. With these statements the problems were not on ground during OBASANJO era.

Air Marshall Alex Barde would have faced these people forcefully the way he faced Boko Haram squarely before 2015 Presidential election. He was killed after retirement by Armed Robbers, that is Nigeria for you, a very complicated country. Another person that would have faced them decisively is General TY Danjuma, but unfortunately, he is very old. According to YORUBA parable when a warrior gets old he retired from going to war by handing over to the young ones. Coincidentally, General Danjuma and late Alex Barde are from Taraba.

Yesterday, I asked the question about the silence of David Mark and Onoja and wanted to know if Idoma and Igede are not affected by the massacre. I also mentioned the absence of General Victor Malu.

@professorPABX

I appreciate your insights here. Indeed, I CLEARLY remember that OBJ spoke about Fulanization as of that time you referenced, BUT it's a historical FACT that these killings by foreign Fulani herders and bandits were already going on in parts of Northern Nigeria especially in Hausaland when OBJ was the President. Even the Boko Haram sect was already active during the OBJ years as of 2003/2004 and it gained more ruthlessly in 2006 with the terror attacks and killings in Panshekara in Kano State which Babajide Kolade-Otitoju of The NEWS magazine reported exclusively (Babajide Kolade-Otitoju is now a boss of TVC and co-anchor of the famous (Journalists Hangout). The BBC World Service ALSO reported the presence of BH's fundamentalist Islamic activities using the official name of BH (Jama'atu Alis Sunnah Lida awati Wal jihad) on their BBC Website in 2006 when OBJ was still the President.

Then in 2009, Yar' Adua's government dealt a heavy blow to the BH founder in Borno State and he lost his life. This is the period when BH went ahead and linked up with Al-Shabab and Al-Qaeda in order to fight the Nigerian governments at all levels while vowing to impose a stricter version of Islam on Nigeria.

Now, these killings in Hausaland by foreign Fulani herdsmen and bandits were widely reported in the Northern media outlets during the OBJ years and beyond, including BBC and VOA Hausa Services, etc, so, other parts of Nigeria didn't get to know about what was happening in the far North (because Southern media outlets weren't reporting much from Northern Nigeria and vice versa) until the Middle Belt and Southern States started getting attacked by these criminal foreign Fulani herdsmen and bandits. The Fulanis then graduated to kidnappings for ransom in the North with Hausas being originally affected.

If you can try to recall the visit by Muhammadu Buhari with some Fulani leaders of Miyetti Allah and more to Governor Lam Adesina of Oyo Stateback in the 2000s where he came to ask Governor Lam "why reprisals took place against his Fula people over their cattle encroaching on farmlands and clashes with indigenous Yorubas of Oyo State," this is further evidence that these banditry and herdmen encroachments had started during OBJ's Presidency (but NOT as serious or severe as it was/is for Southerners, Middle Beltans and Hausaland during the GEJ, Buhari, and Tinubu's Presidencies). Tinubu MUST be very firm on the foreign Fulani bandits so that his name doesn't get more damaged due to political correctness on his part (by the repulsive obstinacy from the Fulanis). President Tinubu will be remembered forever and re-elected with massive votes by the huge population of indigenous Hausas and other ethnic groups in Nigeria if he and the Governors are able to tackle the insecurity from these foreign Fula bandits and carry out these constitutional amendments to unbundle Nigeria for more efficiency. People just want to go back to their farmlands, make more money from farmgate sales, and live peacefully on their ancestral homelands. There's NO time to waste further.

The Idomas and Igede ethnic groups are largely NOT affected by these bandit attacks. It's the Tivs who occupy the fertile grazing lands and water ways that are mostly affected. For solidarity sake, it would have been nice for Lawrence Onoja who is from Kogi since Onoja is an Igala name and David Mark make some strong public comments to shake these guys up. The Benue folks have ALWAYS been fighters and if you read the books (on the Nigerian Civil War written by retired military combatants) some of which I've had in my library collections since the 1980s, you will see where references were clearly made to the presence of a large number of Benue indigenes who enlisted in the military to fight that 30 months war from 1967 to 1970 and beyond in other military operations. So, it's stunning that they have been emasculated from defending themselves especially the no-nosense Tiv folks recorded in history for their militant political and military exploits decades ago.

Nairaland General › Re: Death Toll Rises To 151 After Flooding In Nigerian Town by Konquest: 8:16pm On Jun 16, 2025*

aswani:
Afternoon sir, shame the guy hasn't returned to answer your questions because I too am interested in the make up of indigenous people in that Kwara, Kogi and Niger axis.

I have to say though that I don't think there are indigenous Yoruba people in Niger state, some settlers maybe who have become as local as the locals.

Some family friends of mine came back to Yorubaland from Minna where they were born and bred in their teenage years. They used to go back occasionally and some of them finally went back after the death of their dad. They never really settled here despite being Yoruba speakers etc.

Now Tapa's are a different case as I believe they are indigenous to Niger state but have obviously come to Yorubaland (mainly Ẹgbaland actually) to stay due to migration. It might happen that when they go back to visit their ancestral homes or maybe even relocate back, folk might mistake them as indigenous Niger state Yorùbá's which they are not.

My take anyway, probably all nonsense, who knows.

@aswani

Greetings. I hope you are having a great time where you are?

I appreciate your bumping up this thread and your insights here. I wish the gentleman had responded to the post since he claimed to have grown up in Jebba North. I would have loved to bounce some insights off his brain cells.

I'm fully aware that there's a group of Yorubas who are descendants of those captured and enslaved by the Nupes during the wars between Yorubas and Nupes, and they are integrated into Nupe society, a vast number of Yorubas in Minna and other contiguous towns in Niger State are migrants and settlers just like other economic migrants. They've been there for decades engaging in business activities and different career paths. The eloquent former Sunday Punch columnist, Mr. Tunde Fagbenle who used to write for Punch as a guest writer within the last 10 years said when he was younger, his father worked with the Nigerian Railways (which was a prestigious and big employer of labor), and his family were living in the Railway quarters in Minna [when the revenge attacks and killings of Ibos started for the ruthless assassinations of senior Northern political and military leaders by the largely Ibo-led coup plotters (over 95%) of January 1966]. He stated that though from Osun State, because he is light-skinned, he was mistaken for an Eastern Ibo and nearly lynched right in Minna but was fortunately rescued by those who knew his father was a Yoruba man named Fagbenle of Nigerian Railways. Zungeru in Niger State was ALSO the administrative capital of the Old Northern Region and that made the area an economic migrants magnet. Nnamdi Azikiwe was born in Zungeru to an Onitsha father. If it wasn't because of the spontaneous religious riots and banditry in some Northern States these days, MOST Southern Nigerians who have live briefly or visited the North would have preferred to live up North and ONLY visit their ancestral homelands once every year or two because food is cheaper and ready available, and accomodation is relatively cheaper than the Southern States. Hence providing room for commodities trading and export from the North for Southern folks

Yes, there are indigenous Nupes (Tapas) in 2 LGAs out of the 16 LGAs in Kwara State, 2 LGAs are also indigenous to be Baribas (otherwise called Batonus). The U.S.-based journalist and Uni academic, Farook Kperogi is from the Bariba ethnic group of Kwara State. The remaining 12 LGAs out of the 16 LGAs of Kwara State are indigenous to the Yorubas including Ilorin which the British Colonialists fully acknowledged before they left in 1960 is a Yoruba town through the official book of Sir Allan Burns, the former Governor-General of Nigeria and the Gold Coast.

The Nupe (Tapa descendants) of Lagos State largely come from the Balogun Oshodi-Tapa lineage. Their ancestor, Oshodi-Tapa was a Nupe prince who was captured by the Fulani Jihadist slave traders in the early 1800s and he was sold and transported down to the coast to the slave port of Lagos Island where he was to be transferred with others into a slave ship but he ran into a shrine and Ifa divination instructed that he should be freed. That's how he ended up serving in the palace of the Oba of Eko Island as a "palace butler" (known as "Oshodi" in Yoruba). So, they (Oshodis) are of mixed Tapa and Yoruba lineages today.

1 Like

Politics › Re: PETROAN Kicks Against Dangote Refinery’s Fuel Distribution Plan by Konquest: 7:39pm On Jun 16, 2025

Omooba77:
“This could lead to a massive shutdown of filling stations across Nigeria, resulting in widespread job losses,” the statement reads.

It warned that the introduction of 4,000 new compressed natural gas (CNG)-powered tankers by Dangote refinery “poses a significant threat to the livelihoods of thousands of truck drivers and owners.”

“While CNG trucks may offer a lower cost of transporting petroleum products, this shift could lead to widespread job losses in the industry,” PETROAN said.
https://dailytrust.com/petroan-kicks-against-dangote-refinerys-fuel-distribution-plan/

“This could lead to a massive shutdown of filling stations across Nigeria, resulting in widespread job losses,” the statement reads.

It warned that the introduction of 4,000 new compressed natural gas (CNG)-powered tankers by Dangote refinery “poses a significant threat to the livelihoods of thousands of truck drivers and owners.”

“While CNG trucks may offer a lower cost of transporting petroleum products, this shift could lead to widespread job losses in the industry,” PETROAN said.

These PETROAN guys rambling right ABOVE too should convert all their old trucks to CNG-fuel trucks as well in order to achieve a lower overhead cost and more profit margins. Period.

2 Likes 2 Shares

Politics › Re: Tinubu To Visit Benue Wednesday Over Continued Killings by Konquest: 5:13pm On Jun 16, 2025*

Slytiger:
President Bola Tinubu has announced his resolve to visit Benue on Wednesday following the continued killing of some residents by suspected Fulani pastoralists.

https://www.vanguardngr.com/2025/06/tinubu-to-visit-benue-wednesday-over-continued-killings/

These invasions are coming from foreign Fulani herders and bandits and it's been on since the 2000s when former President Obasanjo was in charge as the President and continued throughout the tenure of all the Nigerian Presidents who came into office since 1999.

The comments from President Bola Tinubu right above CLEARLY shows that he has NOT been properly briefed on the real history of what is going on and he has NO idea of what is going on in Benue State. He has to sack the current NSA Nuhu Ribadu who is a Fulani if he wants to get a solution to these nonsense invaders from Mali, Niger Republic, Cameroon, etc. The Fulani Governors right in Hausaland too are NOT saying the truth to President Bola Tinubu just to protect their foreign Fulani herders kinsmen the same way Nasir El-Rufai paid millions of Nigeria's money to the Cameroonian Fulani herdsmen and bandits who killed innocent indigenous Southern Kaduna people when he was the Governor of Kaduna. This Fula dude who was the Governor traced the Fulanis to their country through Miyetti Allah network and Nasir El-Rufai had the audacity to tell the Channels Television crew who interviewed him what he did instead of getting the Interpol to arrest all the Fulani bandits for prosecution. The video of that interview is still online.

Then Tinubu and the Governors of all the largely APC states affected by banditry have to work on purchasing and using surveillance and attack drones including advanced satellite tracking technologies, with boots on the ground to wipe off these foreigners who are NOT indigenous to Nigeria!

It's shameful that Nigeria has over the years allowed a minority group of Fulanis [who are NOT indigenous to Nigeria but have their paternal origins in North Africa among the Berbers), are less than 24 million in the whole of Africa, and have NO ancestral lands in Nigeria] to harass indigenous Nigerians (Hausas, Tivs, Berom, Kataf and others of Southern Kaduna, and much more). These are ethnic groups that are several times more populated than these Fulas. Enough of the pampering of the Fulanis and the foreign minority Fulani political hegemony over Nigeria MUST be dismantled for Nigeria to succeed.

Tinubu MUST stop acting ignorant because it diminishes his image and Femi Gbaja must be at alert to inform the President about the URGENT need for political reforms and constitutional amendments to remove the stinking inneficiences in Nigeria that allowed a minority group of people to hijack Northern Nigeria/Hausaland and dominate the Hausas in political governance as Governors. [/b]NO single Hausa man is currently the Governor of any of the Hausa States and NO Hausa has ever been the President of Nigeria since 1960, despite being more than the minority Fulani political hegemony of foreign origin. The Hausas have been angry and complaining in several videos I've seen over this insidious killing of their people by these foreign Fulanis right from the 2000s and the political domination of their indigenous lands by an insidious Fulani political hegemony which must be dismantled for justice to exist.[/b] Enough of the foot dragging by 'Bola Tinubu on what he promised would be implemented in terms of constitution amendments. Period.

1 Like 1 Share

Family › Re: Out Of This List, Who Do You Confide In During Hard Times? by Konquest: 4:31pm On Jun 16, 2025

helinues:
Hahahaha

I was brought up to be self independent.. The mistake I used to make in the past was rushing to tell people or to make decisions. These days, I can sleep on whatever problem, heaven won't fall, while relaxing, the way out would pop up sha ni.

Talking to others about your personal problem is the beginning of see finish

Indeed, that's the true warrior spirit.

People have to learn to become self-aware and be solution-based in their thinking and abstain from complaining negatively all the time. With your power of creative intelligence and intuition, you can easily find solutions to many issues facing you when you are relaxed.

Family › Re: Out Of This List, Who Do You Confide In During Hard Times? by Konquest: 4:06pm On Jun 16, 2025

Chilipepper:
We all face tough moments in life times when we feel overwhelmed, confused, or just need someone to talk to. Among this list, who is that one person you feel safe confiding in when things get really hard?

That interesting...

For folks like me who are tech and Internet-savvy, using AI tools, advanced Internet search tools, and some niche-based international discussion forums have since the mid-1990s been very good resources for me to get great advice and deep insights.

A lot of the problems people encounter on Earth today already have solutions from decades back and can undergo creative modifications to suit your specific needs.

Foreign Affairs › Re: Pakistan Tells Iran It Will NUKE Israel If They Use Nuclear Weapons On Tehran by Konquest: 3:45pm On Jun 16, 2025

OLAADEGBU:
Pakistan 'tells Iran they will NUKE Israel if Netanyahu uses nuclear weapons against Tehran', regime officer claims in huge WW3 apocalypse threat

Pakistan has threatened to drop a nuclear warhead on Israel if Benjamin Netanyahu uses nuclear weapons against Iran, according to a top Iranian officer.

General Mohsen Rezaee, a senior officer in the Islamic Revolutionary Guard Corps (IRGC) and a member of Iran's National Security Council, said in an interview: 'Pakistan has assured us that if Israel uses a nuclear bomb on Iran, they will attack Israel with a nuclear bomb.'

Pakistan and Israel are two of the nine countries that currently possess nuclear weapons, according to experts.

Rezaee claimed that Pakistan has vowed to 'stand behind Iran', and called on the Islamic world to unite against Israel.

Today, Pakistan's defence minister Khwaja Asif denied Rezaee's claims, reportedly saying: 'Pakistan is signatory to all international nuclear disciplines; our nuclear capability is for our people's benefit and defence against hostile designs.'

Last night, he noted that the world appears to be teetering on the edge of conflict as a result of the escalating attacks in the Middle East.

'[The] Western world must worry about conflicts generated by Israel.

'It will engulf the whole region and beyond; their patronage of Israel, a rogue state, can have catastrophic consequences.'
https://www.dailymail.co.uk/news/article-14815831/Pakistan-tells-Iran-NUKE-Israel-Netanyahu-uses-nuclear-weapons-against-Tehran-regime-officer-claims-huge-WW3-apocalypse-threat.html?ito=social-facebook-video

Pakistan will dare NOT do that. The Iranian guy is just delusional. Period.

Foreign Affairs › Re: Pakistan Tells Iran It Will NUKE Israel If They Use Nuclear Weapons On Tehran by Konquest: 3:06pm On Jun 16, 2025*

Munzy14:
Who even allowed An Arab country like Pakistan to own a Nuke?

I have to correct you here.

Pakistan is NOT an Arab country just like Iran isn't an Arab country.

There is NO single part of Pakistan that has indigenous Arabs.

The last Arab frontier in the Middle East is Iraq which shares boundaries with Iran which is a country of ethnic Persians (or Parsi people).

Business › Re: Israel-Iran Conflict: Marketers Hike Petrol Prices As Crude Oil Hits $74 by Konquest: 11:34am On Jun 16, 2025*

adenigga:
The ongoing Israeli-Iran conflict has triggered an upward adjustment in petrol prices by 10 marketers as crude oil rose 8.8 per cent to $74 per barrel from $68 per barrel.

Crude prices are expected to rise further should Iran carry out its threat to block the Straight of Hormuz, which is responsible for the shipment of more than 20 per cent of global oil and gas.
According to maritime sources, the threat of Iran to block the Strait of Hormuz would negatively impact global trade.

The 10 oil marketers that adjusted depot prices included Aiteo, Pinnacle, Dangote, MENJ, Swift, Rainoil, First Royal, Emadeb, First Fortune and Ever.

According to OPEC, “Apart from petroleum, the country’s (Iran) other natural resources include natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc and sulphur.”

While the United States has called for calm, Iran has vowed a “harsh response,” increasing uncertainty in the market.

JP Morgan predicts $120 – $130 per barrel
Projecting on how the crisis will further impact crude oil, global banking giant, JP Morgan puts its base-case oil price forecast for 2025 at more than $60 per barrel, adding that prices could hit between $120 and $130 per barrel in the event of worst-case outcomes such as military conflict and a closure of the Strait of Hormuz.

Expect high energy cost, inflation, others — CPPE

Highlighting possible impacts of the Israeli-Iran War on the Nigerian economy, the Director/Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said: “The outbreak of war between Israel and Iran has added a troubling dimension to the challenges of an already floundering global economy.

“For the Nigerian economy, the implications are mixed. The development portends a combination of risks and upsides for the economy.

“A major driver of energy prices in Nigeria is the global crude oil price. With the outbreak of the Israeli-Iranian war, crude oil prices had surged to $75 per barrel from $65 per barrel a week before. This is a 15% jump within days. This has obvious implications for petroleum product prices globally.

Economies around the world [Nigeria inclusive] would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term. This would have far reaching implications for many economies and businesses.

Source: https://vanguardngr.com/Israel-Iran-conflict-Marketers-hike-petrol-prices-as-crude-oil-hits-$74pb

The ongoing Israeli-Iran conflict has triggered an upward adjustment in petrol prices by 10 marketers as crude oil rose 8.8 per cent to $74 per barrel from $68 per barrel.

Crude prices are expected to rise further should Iran carry out its threat to block the Straight of Hormuz, which is responsible for the shipment of more than 20 per cent of global oil and gas.

According to maritime sources, the threat of Iran to block the Strait of Hormuz would negatively impact global trade.

The 10 oil marketers that adjusted depot prices included Aiteo, Pinnacle, Dangote, MENJ, Swift, Rainoil, First Royal, Emadeb, First Fortune and Ever.

According to OPEC, “Apart from petroleum, the country’s (Iran) other natural resources include natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc and sulphur.”

While the United States has called for calm, Iran has vowed a “harsh response,” increasing uncertainty in the market.

JP Morgan predicts $120 – $130 per barrel
Projecting on how the crisis will further impact crude oil, global banking giant, JP Morgan puts its base-case oil price forecast for 2025 at more than $60 per barrel, adding that prices could hit between $120 and $130 per barrel in the event of worst-case outcomes such as military conflict and a closure of the Strait of Hormuz.

Expect high energy cost, inflation, others — CPPE

Highlighting possible impacts of the Israeli-Iran War on the Nigerian economy, the Director/Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said: “The outbreak of war between Israel and Iran has added a troubling dimension to the challenges of an already floundering global economy.

“For the Nigerian economy, the implications are mixed. The development portends a combination of risks and upsides for the economy.

“A major driver of energy prices in Nigeria is the global crude oil price. With the outbreak of the Israeli-Iranian war, crude oil prices had surged to $75 per barrel from $65 per barrel a week before. This is a 15% jump within days. This has obvious implications for petroleum product prices globally.

Economies around the world [Nigeria inclusive] would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term. This would have far reaching implications for many economies and businesses.

Politics › Re: Omojuwa Reacts To Attack On Pastor Adefarasin On His Refusal To Endorse Anyone by Konquest: 9:51am On Jun 16, 2025

lhordspy:
Jj. Omojuwa reacts to the attack on Pastor Adefarasin after he released a statement on his twitter account, repudiating the rumour making round that he endorsed the candidate of the Labour party, Peter Obi.

He dismissed the rumour as a 'mischievous posts and urge is followers not to be swayed'.

Pastor Adefarasin tweet debunking the endorsement rumour:

https://twitter.com/pauladefarasin/status/1626681368229957641?t=wpE_52dXzIl5VhtHrhH8OA&s=19
(Pastor Adefarasin is the Founder & Senior pastor of the House on the Rock Church)

https://twitter.com/Omojuwa/status/1627321062584160256?t=EnaqYRfy93NswF-z6kHSpA&s=19[/quote]Bump.

Yes, this is the thread detailing the highly IRRESPONSIBLE cyberbullying of Pastor Adefarasin by tribal bigots among Peter's supporters during the 2023 Presidential election cycle. This is part of what Ope Banwo (the U.S.-trained attorney) and the others who worked for Peter during the elections emphasized upon.

The cyberbullying thread report on Mercy Johnson, Joke Silva-Jacobs, and more which hit the NL frontpage will be dug up as well as evidence of this insidious toxic hate speech and tribalism of those supporters that has damaged that man's political reputation in the eyes of highly discerning folks since 2023 right till now because he has failed to causion his followers and kinsmen doing this.

Foreign Affairs › Re: Residents Flee Tehran After Israeli Strikes Hit Across Capital(photos) by Konquest: 9:37am On Jun 16, 2025

Botragelad:
Large numbers of Tehran residents began leaving the city Sunday as Israeli airstrikes targeted multiple areas across the capital, including Niavaran, Azadi, and central districts, according to eyewitness accounts and traffic officials.

The head of Iran’s traffic police said vehicle flow at Tehran’s main exits had surged, especially on the Tehran-North highway, the Tehran-Qom route, and the Haraz road.

Israeli media said multiple designated targets in Tehran were struck simultaneously. One viewer from southern Tehran told Iran International, “They just hit now. Khamenei, end this war.”
Source:
https://www.iranintl.com/en/202506155121

Israel MUST complete this mission that will lead to a total regime change! Russia and China are the ONLY major non-Shiite problem mankind has now because of their collaborations with the rogue Shiite rulers in Iran who have since 1979 sponsored multiple terror groups worldwide. Period.

Celebrities › Re: Femi Kuti's 63rd Birthday Is Today by Konquest: 9:27am On Jun 16, 2025

nlfpmod:
Birthday: Femi Kuti Turns 63 Today!

https://en.m.wikipedia.org/wiki/Femi_Kuti

Olufela Olufemi Anikulapo Kuti (born 16 June 1962), popularly known as Femi Kuti, is a Nigerian musician born in London and raised in Lagos. He is the eldest son of Afrobeat pioneer Fela Kuti and a grandchild of political campaigner, women's rights activist and traditional aristocrat Funmilayo Ransome-Kuti.

Omo "Baba 70" himself. How time flies.

Happy celebration Olufemi Anikulapo-Kuti.

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