Lagerwhenindoubt's Posts
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jmoore:You have just mentioned a critical problem that is the root of all weak internal controls in this country that allow corruption to reign free. We do not keep records and when we do, we make sure that they are not accurate and prone to theft or loss or even mis-interpretation It is a deliberate and willful act of wickedness, we are on the 4th National ID card scheme, Kano has more towns than Lagos and Bauchi is apparently more populated than Lagos, We live on wrong numbers and statistics which is why we keep failing time and time again |
manny4life:We can only hope it all does not ultimately turn out as most potentially beneficial projects in this country do, Oooooops, we goofed someone will pay and oh, you can give us another chance to make it right again ![]() |
[quote author=George_D link=topic=345288.msg4874775#msg4874775 date=1257526848]without the nlc, you'd be buying fuel for N250 per littre by now.[/quote]I am hard-pressed to agree there. that the NLC came out en-masse and the FG retraced their steps after months of FEC meetings on this de-regulation issue and with all the economists and intellectuals who put in hours to come up with a recommendation backed by facts. they decide to throw in and think-up some other plan? To my knowledge a Labour union is like a cartel Unions argue that they can raise their members' wages, but few people understand the economic theory explaining how they do this. Unions are labor cartels. Cartels work by restricting the supply of what they produce so that consumers will have to pay higher prices for it. OPEC, the best-known cartel, attempts to raise the price of oil by cutting oil production. As labor cartels, unions attempt to monopolize the labor supplied to a company or an industry in order to force employers to pay higher wages. they function like any other cartel and have the same effects on the economy. Cartels benefit their members in the short run and harm the overall economy. What is the NLC? is it organized labour? if so, they actually protect worker wages from the effects of a price hike that de-regulation will cause, they are not actually helping the economy there are they? What i feel they should be doing is expanding their traditional role as labour mafias and becoming economic strategists, it is not all about wage increase and better working conditions, all of which is transferred to general consumers as higher prices (inflation) and the lower sales which hurt the economy rather then help. they should take the global economic plan of FG and leverage their active membership to lobby for worker-friendlier policies that allow harsh economic policies to work with less pains. My grouse is that the Oil/Gas industry went through 2 decades of gas flaring/failing refineries and power-problems that have brought us to this situation we are in today. I bet thousands of people lost their jobs. If the NLC had been proactive and pulled their weight to make inputs to change FG irresponsibility or in-action, we would have lesser problems than this. They would rather fight for better wages to balance with harsher economic policies, FG does not just print monies for the sae of it, someone or something is going to suffer for it in the near future |
[quote author=George_D link=topic=345288.msg4861107#msg4861107 date=1257351088]you strike me as someone who doesn't know jack what he's writing about [/quote]No vex, bros, what are you on about? what exactly has the NLC done to contribute meaningfully to this situation ![]() |
Satanists do not know the first word in SATAN Worshiping. or who the devils is or Demons or the history, it is just fashionable to be a Satanist. a label like getting a tat on your arm |
assetstrip:You are right the costs of building, expanding or maintaining existign refineries is humongous, but then South Africa is de-regulated, Angola is, India is and my word they have working refineries and an economy that is not built on intentional failures, did you not just hear that the 2009 Budget is admittedly a failure?!! so what is the gain if the FG continually fails in its policies and expects the people to succeed (survive more like it) after their next round of text-book policies that lack thorough implementation, we are still reeling for a USD16 billion dollar investment in IPP that the Ota farmer orchestrated. It would be nice to know what recently N51.7 billion naira in contracts are for or what the reps intend to do with N500 billion "Capital Projects" or why 10% is going to the Niger-Delta or what the NDDC have been doing before MEND got out of hand. Nuttin do de-regulation and yes we do have fears and mis-givings, as we did when our Steel smelter at Ajaokuta has not produced enough to make Padlocks that we still import from Asia or that NAFCON has done enough to have our local agricultural landscape determined by NOTOREibori or White Farmers from Zimbabwe. Like you rightly said, we live in a false economy which is why our solutions (like DE-REGULATION) will defy all economic principles and fail. Remember SAP and Fiscal policies in the Austere days of IBB , how well-intentioned those were those days ![]() |
De-regulation of the downstream sector is good no doubt. (in a sane economy like ours)How is this supposed to 1: increase competition in the industry 2: bring about innovation and efficiency 3: reduce products prices 4: ensure availability throughout the nation We all hear and read about the benefits like we do the celebrity gossip in gossip magazines (for entertainment sake) What are the specifics. 1: Does the activity of marketers ensure supply-side behaviour that will drive down prices for the common-man 2: what efficiencies are we talking about anyway, it is not like Conoil or Oanda or AP have refineries that make the product. 3: what innovation!!? I laugh in swahili Deregulation does not exactly bring about reduced prices and product availability. let us not forget that we do not exactly produce petrol for local and export consumption. we simply import, and with the huge debt crisis in banking sector (majorly from oil marketers) and the global price of the product, how can FG be sure they can manage the resultant backlash. can the marketers determine a fair price (when global prices and taxes determine how much they can profitably import). In countries that have deregulated prices, pump prices fluctuate daily, but their prices are still sky high. The primary culprits are the oil marketers who reap obscene profits. The FG and NNPC also create the necessary environment to sustain this malady by not reducing or totally removing levies on importation of the product, Since they refused to build or maintain or repair our refineries (all we here is this scandal here and that scandal there, all involving billions of US dollars that might have corrected deficiencies in the sector) Now to the crux of the matter Inflation and oil prices deregulation. ![]() It is a known fact that Nigerian figures on inflation are doubtful, you could add three zeroes to whatever figure CBN gives you and you would not be too far from the truth. yet we run an economy based on manipulated figures (just like our elections) then we expect the right things to happen like in the text-books. (deliberate and willful ignorance at best), Sanusi is right in saying the deregulation will fuel the already desperately breakaway inflation this nation has experienced since the global drop in crude prices (not forgetting the Niger-Delta crisis). |
man he makes reliable jeans |
We can only pray, because in this dung of a country, they would rather spend on FIFA events that they make huge losses on and no profits what-so-ever than to improve on healthcare delivery and disease control and emergency initiatives. In 2007 Lagos, a white mist hovered within 5-6ft from Sagamu all the way to lekki and people breathed this unknown substance until it cleared a day later. It was not uptill the next day, they authorities announced it was caused by burning from the pile of rubbish at the dumpsite We all took in that shit and if it was swine flu then, we'd all be dead with no hope for recovery |
What does he want, he only recruits under 17s ![]() |
[quote author=George_D link=topic=345288.msg4848792#msg4848792 date=1257189162]and exactly how do you think the nlc helped to 'sacre the living daylights out of ordianry nigerians'? [/quote]Dude, are you a Comrade! since the sordid/stagnant days of Pascal Bafyau (Former Labor President) , Labor Unionism is the equivalent of educated rapscallions who have very little in terms of proactiveness/awareness and are very heavy on organized riots (which they see as a protest).They sit there (Oshiomole inclusive) and wait for the FG to decide what they want to do with the economy then they jump out of their sleep like mad men who heard Fire! Fire! Fire! and suddenly become the heroes of the masses. The formula is simple and most Nigerians now know. NLC is in tow with the Opposition be it FG or Private Sector. They simply agree on the outcome of people-unfriendly policies and then come out to shout so FG backs down to the agreed terms and masses go Phew!!! that was close was it not? Bastards they are. they are the salty ingredient to this failing democracy.How did they not know what the Government's plans were, are they not in this same Nigeria, do they not study various sectors and take notes on how much impact government policies can have on Labour. they are just a bunch of slightly educated rascals. |
chosen04:GBAM!! |
The OPC have served their purpose well in the past, now they are simply LASTMA, LAWMA and the occasional Night-guard who spies for robbers when you are not around, they are too hungry to think of killing anybody talk-less of wasting eggs they should be eating |
@posters (offended by my comments) my sincerest apologies, what does it matter that it was revealed at the wrong time. the fact of the matter is Chukwudi and indeed the NFF have a question to answer. So we get banned from the competition and it causes a big embarrasement, It would still be found out later (lies cannot remain hid for ever) that we cheated, coming out honorably and admitting a fault is much less painful than been found out like Ben Johnson (after the fact) Adokiye may or may not have a hidden agenda. let us not question his motive at this point, let us face hard-facts that FIFA already have wind of this news and are investigating it. we had better save face and get to the bottom of this and come-out honorably with THE TRUTH. |
for those who think timing is wrong. i give you an award for being latently ignorant. (you are ignorant but you don't just know it yet) So what should Adokiye have done, wait till Nigeria crashes out of the competition before bringing it out, or before the competition so NFF can look for another captain who has falsified his age and beaten the MRI scan (somehow) The point is not the timing but the principle that is important, what if we win the FIFA under 17 and later we are found out to have cheated all the way, would that have been perfect timing, because we have the trophy, I know you guys would not mind then, after all we have won. (that is how your minds think--- distinctly NIGERIAN |
TB Joshua, I need to meet the man and ask him one question, What cream do you use, man he is the most improved pastor since Oyakilome and Adefarasin. that guy too sexy to be pastor ![]() |
It is called- Low-waist Jeans. and I love the concept, it forces naija girls to really wash their butt-cheeks well before stepping out.And there is a new concept in the social arena. it is called the 4-yansh variation. If the bottom half butt-cheeks don't push you, the upper-half will definitely slap your face. ![]() |
Don puk:How can God deliver us , when we cannot deliver ourselves from ourselves. 40+ million Christians and 60+ million muslims in the most populous nation in Africa, believe me SATAN RULES NIGERIA, God just comes for Mid-term break. |
Ogaga4Luv:I can see you using your logic. let's see. if God does not exists, then Satan does not exists. Just as common folks disguise their insecurity and need for superior image to identify with, dudes like you engage your devious desires and vices by building upon some goat-head, gigolo with an insane hatred for humans (like you and me) |
I hate Nigeria, sooo much. i would like to rape her endlessly in all manner of nasty dirty ways. and treat her like the slutty LovePeddler she really is. Steal her purse and bitch-slap her when she complains, then when i need to d.i.c.k one of her friends, i play nice-guy and dump her after she hooks me up with another term in her government. is life not grand |
i shall never read a thread this long without 2 things (2 tablets of Panadol and a glass of water) Nigerians have a very[b] high sense of patriotism and a near-cynical faith in facing daunting challenges to living[/b]. I have read responses that remind me of my friend back in my university days, he seemed to have the answer to every problem. I am hungry (eat food) my leg is broken (get a band-aid) etc When i came around to my sense, once faced with actually implementing the suggested solution, i realized why it all seemed too simple. You must create an environment that enables people to achieve whatever they want to achieve. I hear people suggesting that you can make a life out of $2000, yes that is true, but you'd be hard-pressed to do that from scratch, $2000 to a man who has a house, car and a job will really give him better leverage to achieve more (despite the poor electricity, poor security, high-rent, corrupt public officials etc) But y'all reasoning as if 80% of Nigerians are on the same level as you. and are faced with the same perspectives you have in life. An enabling and sustainable enviroment can do wonders for an economy and society as ours, rather than running to every tom-dick and lartry pastor for financial solutions, they can look at their prospects and plan within the government's schedule for planned infrastructure development, health, power, financial services and education sector reforms. I cannot believe that some of us are sol deluded as to suggest that whatever situation we have found ourselves in today is only slightly abnormal and that we should just buck-up and do our duties as citizens. We are in dire need of an enabling environment that encourages and indeed supports entrepreneurship (please not micro-finance banks) |
Wait, wait wait. I have just thought of a brill idea. We can hook up interswitch with the police website and y'all can pay your wazobia bribes and get an e-reciept to show them at the check-points. They make good accountable revenue, we get peace at the check-points ![]() This website should be encouraged, imagine the potential for funding police projects |
@poster, What a novel idea. ![]() i once wrote a letter to GOD as a kid but did not know exactly where Heaven was and if the post-man would charge me millions for postage stamps ![]() Question 1: Dear God. It has been a while since you de-regulated the religious industry, since then we have had every freak from Islamic fundamentalists to christian cultic societies and Jehovah Witnesses, Redeemed ones, White Garment and Mammy-Water churches. I know you are a Capitalist and wanted a laissez-faire economy, but God in your estimation, has this worked well for you? (for us). Question 2: We rest in the hope of a better future in heaven while we try to mature our spirits in preparation of this final utopia. it seems to me that the hurdles are ever increasingly getting harder to climb, i get a sense that the closer we get to perfection, the worse it is for us and the further from heaven (closer to hell) we get. Is there a catch in there? Question 3: As your students in this journey of life, we often quarrel with among ourselves what you really are and the role you play in our lives, you can see for yourself how many posts Abuzola has made trying to define you in just the right way (and the resulting quagmire that has ensued). I just want to ask this. Why don't you step in as a good teacher and correct us where we fail to live up to expectation, like the days of Fire and Brimestone on the unbelievers of Sodom and Gormorrah (strikingly familiar with cess-pool we call Abuja FCT). Do you want us to fail this exam of life and carry over to Hell? Question 4: My Last question. truly my last. if we are going to spend eternity in heaven, bereft of all our worldly fleshy desires and aspirations. how do you propose to keep us from getting bored. (please do not say we shall sing your praises all eternity long). no Basketball, no Premier League, no DSTV, there has to be some radio or TV station that is does not air Atmosphere of Miracles all day long. please tell me. |
Johnpaul2k2:The removal of controls on a particular market aimed at improving the economic efficiency of that market and therefore the performance of the economy at the microeconomic level. Deregulation is generally considered a supply side policy So what is your take on this, has the FG failed us all these years by sustaining an environment of dependency or have they given the Oil cartels the freedom to cream margins off final consumers (that's us) the loss of sales due to global drop in crude and refined products prices and a squeeze on Letters of Credits from our ailing Banking industry? ![]() |
[quote author=~Bluetooth link=topic=345283.msg4832331#msg4832331 date=1256935739]Dear poster i do hope you are a nigerian,,,deregulation in this case means govt will remove subsidy and allow oil marketers to import at their own price.,then who bears the pain?,diesel used to sell for #58 before deregulation,now diesel sells above #100.,so immediately the deregulation kicks off i bet you,petrol may sell above #95, Deregulation works where there are refineries by that oil marketers need not import fuel.,[/quote]That is why i could not believe what i was reading from @nedu2000. You have a nation ranked as the worlds 5th Largest importer of petrol and the 12th largest exporter of crude, what do the numbers tell you. we do not refine a drop of petrol enough for local consumption of Kano state talk-less of Lagos. and some people in this ill-country tell you that it is international pricing that is at work. eat-my-salty-chocolate-balls ![]() De-regulation in principle is right,but we have always known these since the days of IBB's SAP, so why are we still in the same position trying to solve a problem that is cheap text-book theories for kids in secondary schools. |
http://allafrica.com/stories/printable/200910300838.html Philip Nyam |
nedu2000:tell me you truly believe in what you are spewing |
ilosiwaju:Why do that, his post is no more insane and cynical only dwarfed by the likes of popular guerilla posters on Nairaland (you know them) If he say's he is s prophet, then take it with a pinch of salt or a glass of water. |
Afam:@Seun will soon be captured, there is no place for him to hide not even on nairaland. NL is the most free politcally-incorrect forum this side of the globe. I am surprised Baba kooskoos has not pointed his atherite finger in his direction |
I am just wondering which came first, the greek beliefs in Hades or the Christian belief in Hell. all seems too similar to moi ![]() |
Let the punishment fit the crime, ![]() Igbienideon was convicted of stealing N3billion and he paid N3 million and a scolding from the Judge ![]() I guess N84 billion merited 2 years in prison, and i am sure he is out on probation in 3 months for good behaviour, maybe a reduced sentence so he can be of use in the coming 2011 elections. Nigeria!!!! Nigeriiiiiiiiiia!!! Una too much ![]() |
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[/quote]No vex, bros, what are you on about? what exactly has the NLC done to contribute meaningfully to this situation 


[/quote]Dude, are you a Comrade!
terms and masses go Phew!!! that was close was it not? Bastards they are. they are the salty ingredient to this failing democracy.