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Lagbaja's Posts

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PoliticsRe: "All Set For PDP Convention": Oyinlola At The PDP Convention by lagbaja(m): 3:34pm On Nov 15, 2025
SlavaUkraini:
Convention outcome that Wike and his faction will take to Court...

The way things are going, the PDP may not have legally recognized candidates in future elections...
PoliticsRe: Lagos-Calabar Coastal Highway Costs N7.5billion Per Kilometer - Dave Umahi by lagbaja(m): 11:11am On Oct 14, 2025
The N7.5B average cost is inclusive of two overhead bridges, one at Eleko junction The other at Marwa junction.

(For cost comparison, The Loko-Owetto bridge is about 1.3Km and costs N54Billion)

Assuming the 2 bridges costs about N200Billion The cost per km of the road will come down to about N5Billion Naira.

Forumobserver12:
That was the initial figure he gave us publicly, today again he has shifted the figure from the initial ₦4B to ₦7.5B in less than one year...

I knew it will come to this, it's difficult to sustain a lie when pressed so hard..

It's just unfortunate that our media has become so docile that they cannot ask questions to these thieving politicians, those that have the courage to ask questions are either bullied or locked up in sell ,
PoliticsRe: Lagos-Calabar Coastal Highway Costs N7.5billion Per Kilometer - Dave Umahi by lagbaja(m):
..
RomanceRe: Man Shares A Lady's Response After Asking What She Would Bring To His Life by lagbaja(m): 6:43am On Aug 30, 2025
Chilipepper:
Man shares a lady's response after asking what she would bring to his life if they dated.
If I were the lady asked this question, I will remove myself from the stereotype that the table already exists and has the potential to carry what I am bringing. Who knows the guy could even be a broken table that needs to be fixed. The table should be owned by both parties and jointly built up.

The moral lesson is that a lady should know her worth and not allow any man demean her with subjective profiling.
Satellite TV TechnologyRe: Solar Energy, A Complement To FTA by lagbaja(m): 5:29pm On Apr 13, 2025
Trippledots:
I think your installer or installation is wrong.

PV cable size and distance, panel orientation, partial shadinetc. also how long has it been in use, you may just have not gotten bright sun in them
It was installed less than a month ago. We used a 6mm paired cable. Cable length is about 10m

Satellite TV TechnologyRe: Solar Energy, A Complement To FTA by lagbaja(m): 5:25pm On Apr 13, 2025
Guys, I installed 3 units of 48v ( Max) 600watts Africell solar panels connected in series on a 3.5KVA Wellion Hybrid inverter. The display on the inverter shows an open circuit voltage of 132V and the highest power output I have gotten is 500watts even when the sun is brightest. What could be wrong ?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by lagbaja(m): 7:21am On Feb 26, 2025
starpower:
Zero eight zero three seven zero five five five one one) male sales agent can use truecaller to verify. I don'twork for them.
Thanks
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by lagbaja(m): 5:52am On Feb 26, 2025
starpower:
[img][/img]sms 15kw lithium-ion phosphate battery 2.1m currently my 6.2kva hybrid 420k. Using got solar panels 550W 120k 6pcs. 1hp a.c is in eco mode just around 550W each. The electric cooker doesn't run for hours am only one a.c during the day but 2 at night. Been using since September. Got them myself. I use Tubular before just scrapped them. Lithium-ion really going to phase out acid lead batteries very soon. Energy density is far better and cycle life on high depth of discharge. Most times installer just over quotes boiler inverter sizes not needed for people.
Kindly provide contact of seller of the SMS batteries
PoliticsRe: More About The CIA Asset In Aso Rock: Possible Scenarios by lagbaja(m): 7:45am On Nov 14, 2024
ChatGPT

You said:
The following is an excerpt from a response by CIA to a filing done at a US court

Is it a standard format to similar queries or does it suggest that Tinubu is a CIA asset ?

ChatGPT said:

CIA responses to court filings are typically formal, narrowly focused, and avoid detailed disclosures, especially concerning sensitive or classified matters. Generally, the CIA will either confirm or deny specific points as allowed by law or invoke exemptions if national security is at risk. This approach is standard in handling inquiries and does not imply or suggest any particular association (such as someone being a CIA asset) unless explicitly stated.

Without more details, it's hard to determine if the language used is anything beyond standard protocol. However, government agencies like the CIA carefully phrase their responses to neither confirm nor deny specifics that could compromise security, making it unlikely they'd reveal anything so direct in a public court response.
PoliticsRe: CIA Did Not Confirm Tinubu As An Asset - Reno Omokri by lagbaja(m): 7:36am On Nov 14, 2024
ChatGPT

You said:

The following is an excerpt from a response by CIA to a filing done at a US court

Is it a standard format to similar queries or does it suggest that Tinubu is a CIA asset ?
ChatGPT said:

ChatGPT
CIA responses to court filings are typically formal, narrowly focused, and avoid detailed disclosures, especially concerning sensitive or classified matters. Generally, the CIA will either confirm or deny specific points as allowed by law or invoke exemptions if national security is at risk. This approach is standard in handling inquiries and does not imply or suggest any particular association (such as someone being a CIA asset) unless explicitly stated.

Without more details, it's hard to determine if the language used is anything beyond standard protocol. However, government agencies like the CIA carefully phrase their responses to neither confirm nor deny specifics that could compromise security, making it unlikely they'd reveal anything so direct in a public court response.
PoliticsRe: South-South Generated The Highest Revenue In 2023 - StatiSense by lagbaja(m):
Let's break it down

GDP is a measure of productivity ( value of all final good and services) of a Country within a year. In other words, it is the summation of the incomes coming from all actors in the country

GDP = Consumption ( household Consumption s) + Gross Investment ( what companies are spending) +Government Expenditure+ (Exports - Imports)

From the above , where does government expenditure come from ?

From the revenue generated by Government.

Where does revenue generated come from ?

From Taxation, Government owned institutions and government owned businesses.

In summary, IGR is a component of GDP.

Government Revenue is important because Government provides infrastructure which further spurs the other economic actors to increase GDP. As household Consumptions increases, businesses will invest more to produce more goods for Consumption. All of this combined activities will further improve Government revenue. It is therefore very critical to pay attention to government's revenue generating capacity
PropertiesRe: How Much Do You Think Someone Can Spend On This I Pass My Neighbour Budget by lagbaja(m):
Assuming it's a one bedroom apartment ( 1 bedroom , parlour, toilet and bath, kitchen). You will need about 4m. For the bulding itself, You will need about


500 units of 6" bricks.
20 bags of cement.
1 tip of 5 Cubic sharp sand
1 tip of 5 Cubic plaster sand
1 tip of 5 Cubic Latherite Sand for filling
DPC Nylon.
3 length of 12mm iron reinforcement and rings.
Masonry Labour
2 units of 3.5ft wooden doors.
1 unit of 4.5ft external metal door
5 units of 4ft by 5ft windows, ( 2 for sitting room, 2 for the bedroom and 1 for the kitchen
1 unit of 2ft by 2ft window ( for the toilet )
2 bundles of Coloured Zinc roofing sheets
10 length 2by 4 wood
20 length 2 by 3 wood
20 length 2 by 2 wood
Carpenter Labour
Tiles and accessories.
4 units of 4ft by 12ft POP boards for ceiling
POP cement for internal screening
Other POP accessories
POP labour
Plumbing accessories
Water Closet
Shower
Pipes and others
1000 litre water tank
Water tank pedestal Accessories
Electricity Accessories ( wires ,sockets, switches, MDF, domestic feeder cable)

The above materials will cost you about N2.5 if well managed, but the septic thank, borehole and water system, electricity supply to the house will drive the cost up N4m.
PoliticsRe: Salaries Of Doctors & Lawmakers In Nigeria Vs In US, UK, SA & Kenya (Video) by lagbaja(m): 11:13am On Aug 24, 2024
Let always compare apple with apple

Here is Chatgpt's response to the question of whether UK parliamentarians are paid allowances to run their offices apart from their salaries.


UK parliamentarians (Members of Parliament or MPs) receive allowances in addition to their salaries to help cover the costs of running their offices and fulfilling their parliamentary duties. These allowances are provided to support MPs in various aspects of their work, including:

1. **Office Costs**:
- MPs receive allowances to cover the costs of running a constituency office, including rent, utilities, office supplies, and equipment.

2. **Staffing Costs**:
- MPs are provided with funds to hire staff who assist with their parliamentary duties, such as caseworkers, researchers, and office managers.

3. **Accommodation Costs**:
- MPs who need to maintain a second home, either in their constituency or near Parliament in London, can claim for accommodation expenses, including rent or mortgage interest.

4. **Travel Costs**:
- MPs can claim for travel expenses incurred while traveling between their constituency and Westminster, as well as for travel within their constituency.

5. **Miscellaneous Costs**:
- There are also allowances for other necessary expenses, such as communications with constituents, attending events, or engaging with the media.

These allowances are designed to ensure that MPs can effectively carry out their roles without bearing the costs personally. However, the use of these allowances is regulated and subject to oversight to prevent misuse.

The allowances provided to UK Members of Parliament (MPs) for running their offices and other expenses can vary, but here's an approximate breakdown of the main categories:

1. **Office Costs Allowance**:
- MPs can claim up to around £28,100 annually for office costs if they are based outside London. This covers rent, utilities, office supplies, and equipment.

2. **Staffing Costs**:
- MPs are allocated a budget to cover staff salaries, which is around £237,430 per year for most MPs. This allowance can be higher for London-based MPs.

3. **Accommodation Costs**:
- For accommodation, MPs can claim up to £24,150 annually for living expenses if they rent a property outside London. If they own a property, they can claim for associated costs like utilities but not mortgage interest.

4. **Travel Costs**:
- MPs can claim for travel expenses related to their parliamentary duties. The amount varies depending on how far their constituency is from London.

5. **Communications Costs**:
- MPs can claim up to £10,000 annually for engaging with constituents, which includes printing, postage, and advertising costs.

These figures can fluctuate slightly each year based on inflation adjustments and other factors, and there are strict rules and oversight by the Independent Parliamentary Standards Authority (IPSA) to ensure transparency and prevent misuse.
PoliticsRe: Fuel Subsidy Is Back – Obasanjo Faults President Tinubu’s Claim On Removal by lagbaja(m): 6:01pm On Aug 06, 2024
Obasanjo is playing politics. He is preaching what he did not practise during his regime. What he did is not different from what Tinubu did.

Between year 2000 and 2007, Obasanjo increased PMS price from N20 to N75. That's a 275% price increase.

History of PMS Increment under Obasanjo :

Obasanjo, June 1, 2000: N20 to N30 (50%)
Obasanjo, June 8, 2000: Petrol price reduced to N22 (-10%)
Obasanjo, January 1, 2002: N22 to N26 (18.18%)

Obasanjo, June to October, 2003: N26 to N42 (23.08%
Obasanjo, May 29, 2004: N50 (19.05%)
Obasanjo, August 25, 2004: N65 (30%)

Obasanjo, May 27, 2007: N75 (15.38%)
PoliticsRe: Fuel Subsidy Is Back – Obasanjo Faults President Tinubu’s Claim On Removal by lagbaja(m): 5:59pm On Aug 06, 2024
Obasanjo is playing politics. He is preaching what he did not practise during his regime

Between year 2000 and 2007, Obasanjo increased PMS price from N20 to N75. That's a 275% price increase. What he did is not different from what Tinubu did

History of PMS Increment under Obasanjo :

Obasanjo, June 1, 2000: N20 to N30 (50%)
Obasanjo, June 8, 2000: Petrol price reduced to N22 (-10%)
Obasanjo, January 1, 2002: N22 to N26 (18.18%)

Obasanjo, June to October, 2003: N26 to N42 (23.08%
Obasanjo, May 29, 2004: N50 (19.05%)
Obasanjo, August 25, 2004: N65 (30%)
PoliticsRe: LASG To Remove Over 100 Shanties At Adeniji Adele Under Bridge Today by lagbaja(m): 8:57am On May 06, 2024
See the loads of combustible materials stored under the bridge. If ignited, it will destroy the bridge and will cost government and the people much resources in time and value.
PoliticsRe: $26 Billion For Unidentified Source Passed Through Binance-cardoso by lagbaja(m): 5:08pm On Feb 27, 2024
https://www.chainalysis.com/blog/africa-cryptocurrency-adoption/

According to the report, crypto currency received in Nigerian by Nigerians was $56B. All this comes from P2P, floated trades (usdt/NGN) and other altcoins.

PoliticsRe: INEC Declared Results From 3rd February Bye-election by lagbaja(m):
Jogs1900:
Be deceiving yourself there..Every matrix that can be used to determine our population like number of registered vehicles, bvn, number of active telephone lines, number of active bank account, number of students enrolled etc, the south has more..
Moreover, why is it that the population of Niger(country) with the same culture, tradition and religion with larger land mass than the whole of Nigeria is just 20m plus while Nigeria northern region claim it's over 100m.
80% of Niger land mass is covered by the Sahara desert. Also, if you look at the occupied areas of Northern Nigeria and Niger, you will notice that they have similar population density which ranges between 50 and 90 persons per square km. That explains the wide disparity in overall population density of Niger Republic compared to Northern Nigeria

BusinessRe: How Much Can Person Use To Start Up A Business Shop Like This? (SEE PHOTO) by lagbaja(m): 9:56am On Jan 18, 2024
25 cartons of PET Soft Drinks average price of N4k = N4k*24 = N100k

About 10 cartons of Biscuit at average of N2000 per carton = N20k

5 cartons of Indome at average of N6k per carton = N30k

Other items = N100k

Total Inventory N250k

Rent @ N200k per annum for 2 years and Agency . N600k

Freezer N200k

Fan 30k
, Display Cabinets N150k

N1.5 million should be enough.
TV/MoviesRe: Top Nollywood Movie Directors By Domestic Gross Value - Statisense by lagbaja(m): 4:14am On Jan 06, 2024
In reality, Wedding party produced by Kemi Adetiba is the highest grossing Nollywood wood film if you consider the exchange rates at the times of production.

Wedding party produced in 2016 made N452million when exchange rate was about N390 per dollar. That gives us about $1.2 m dollars.

On the other hand, Funke Akindele's Children of Judah grossed N1B ( latest figure as at yesterday 5th January 2024) which in dollar terms is about $833k dollars (1 $= N1200)
HealthRe: I Find It Difficult To Sleep by lagbaja(m): 4:13am On Aug 05, 2023
Treat Malaria. It's a major culprit.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by lagbaja(m): 11:49am On Jul 21, 2023
lostinHeaven:
Morgans BID/OFFER table for UBA makes no sense
signs of internal manipulations
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by lagbaja(m): 11:32am On Jul 21, 2023
Princkez:
no be small my sister....for me I will hold my FBNH until they start paying #3 dividend.
Don't be too hopeful. The N230B profit is one-off and not repetitive in the future. Moreover it could be eroded if the Naira drops below the the price used for valuation
PoliticsSupreme Court Dismisses Pdp’s Suit Challenging ‘double Nomination’ Of Shettima by lagbaja(op): 10:36am On May 26, 2023
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by lagbaja(m):
I believe it is already charged under the interest expense for the year. The Tier1 loan is $500m (N206B). At the booked rate of 9.12%. The interest will amount to about N18.8B.


BabsO2:
Access raised additional tier 1 capital about two years ago. The providers of this capital deserve a share of profits. The annual reports does not state explicitly what portion of profits belong to these equity stake holders. It will be wrong to assume all the profit attributable to shareholders for Access belong to NSE listed share holders when they were not the ones that injected the additional tier 1 capital 2 years ago. Look at the two clips from their financial statements below to help further appreciate the issue. Hope you get it now why I discounted the EPS of NSE shareholders.

Even after apportioning a portion of profits to the Tier 1 Equity Stake holders in proportion to the size of their Equity. Access EPS of N3.57 for 2022 is still very good. Plus the rate at which Access has grown incomes in the last couple of years has been excellent. Perhaps the foreign acquisitions have done very well and the Injected Tier 1 capital completed in FX was good. And as you noted if Ghana impairment is discounted, Access is doing very well.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by lagbaja(m): 12:37pm On May 08, 2023
YourhealthNG2:
Novices like us, and skeptics are wondering what will be the catalyst for the coming bull you predicted. Kindly give us more information, if you don't mind. Thank you
Bears holds the bag in this Market. If you know you know .
PoliticsRe: Tinubu's Current Picture, How True by lagbaja(m): 5:34pm On Apr 17, 2023
Nonsense .

PoliticsRe: ATEDO PETERSIDE: The Exhibits Are Coming Out Finally. APC-NEC Be Hailed. by lagbaja(m): 6:48am On Mar 15, 2023
The reported 143 scored by LP in Bauchi local government ( allegedly seen on Channels TV) which Atedo Peterside presented as a fact is actually a hoax and has been proven to be wrong. LP scored 7041. Atedo's claim that he has facts that Obi won is face saving after his doctored ANAP polls failed accuracy test.


https://www.nairaland.com/7604005/fact-check-inec-returned-7041
PoliticsRe: What Would You Do With 24 Hours Steady Electricity? by lagbaja(m): 9:12am On Jan 21, 2023
PoliticsRe: Woman Appears In Delta Court, Begs Gov Sanwo-Olu To Acknowledge Her Child As His by lagbaja(m): 8:24am On Jan 18, 2023
CallmeTrinity:
Why is he running from DNA test

I watched her interview

The question is simple , sanwo only where you in Delta state between 1994 and 1996?

Where you knocking this madam that period ?

Oga stop hiding behind immunity and submit for a DNA test period !
Sanwo Olu was the treasurer at Lead Merchant Bank between 1994 and 1997 and not working at a construction site as claimed by the woman. The woman got the wrong person.

https://www.wikiwand.com/en/Babajide_Sanwo-Olu
PoliticsRe: 2023 Election, My Prediction Based On Facts And Reality. by lagbaja(m): 10:26am On Jan 12, 2023
Trollronaldo:
Below is the amount of registered voters by regions.
I am going to make this analysis based on 40% voters turnout in every region, it's not certain but it's enough to give us an insight to as to what will happen in February.

Based on 40% voters turnout, here is the figure from each region

1. NW 8,902,224
2. SW 7,183,506
3. NC 6, 145, 492
4. SS 5, 776, 285
5. NE 5,016,971
6. SE 4,363,042


Analysis based on regions based on my predictions are as follows

Northwest
1. Atiku 35% 3,115,778
2. TINUBU 30% 2,670,667
3. Kwankwaso 25% 2,225,556
4. Obi 5% 445,111

SouthWest
1. Tinubu 50% 3,591,753
2. Obi 25% 1,7996,876
3. Atiku 15% 1,077,526
4. Kwankwaso 2% 143,670

Southsouth
1. Obi 45% 2,599,328
2. Atiku 30% 1,732,885
3. Tinubu 20% 1,155,257
4. Kwankwaso 2% 115,525

Northcentral
1. Atiku 30% 1,843,647
2. Obi 30% 1,843,647
3. Tinubu 30% 1,843,647
4. Kwankwaso 10% 614,549

Northeast
Atiku 40% 2,006,788
Tinubu 30% 1,505,091
Kwankwaso 15% 752,545
Obi 10% 501,697

Southeast
Obi 70% 3,054,129
Atiku 15% 654,456
Tinubu 10% 436,304
Kwankwaso 1% 43,630


TOTAL
Tinubu : 11,202, 719
Atiku: 10,431,080
Obi: 10,239,788
Kwankwaso: 3,895,475


I see Tinubu getting the most votes, however, this is not certain. Tinubu will get the most votes but won't get 25% required coverage. Tinubu will go into a rerun with Atiku.
Atiku will beat Tinubu in the rerun by winning SE and SS. However, it's still too close to call, Tinubu and Atiku may lose the momentum to Obi.


Thanks for reading guys
Tinubu is more likely to win a rerun. Most Obi voters would rather not vote than vote any of the 2 candidates. Kwakwanso is more likely to deliver his voters over to Tinubu than to Atiku. North Central will more likely support Tinubu than Atiku because of the Fulani factor

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