₦airaland Forum

GetUmad:
Imagine! What an excuse. A very funny one. They should borrow money to pay the toll too since they could borrow to live a good life.

As far as being responsible in Nigeria is concerned , NO ONE IS EVER FINANCIALLY Buoyant. They'd be heavily taxed on all those their luxuries in some climes. Who send dem to borrow money buy am.
That's the mindset killing us in Nigeria. We want almost free everything. Government should be responsible for everything.

Let me make my point clear again. I'm not here to throw banter with you. I agree our elected Leaders are very useless and sometimes might put up policies solely to enrich themselves and their cronies. Meanwhile, if the increment in toll is to avoid indebtedness or raise more revenue for the development I am totally in support of it provided it'd be used for its intended purposes. Meanwhile, how would know that for sure if we don't give them the benefit of doubt.
For things to work, we have to tighten up our trousers and be ready to pay the price. Is it going to be easy, definitely not.
However, we all going to enjoy it at the long run.

YoshiMaster:
Please stop being insensitive, abeg, just stop it!!

So everyone in Lekki is rich abi Everyone in Ajah is rich

Why do we hate ourselves in Nigeria like this We hate each other so much, whether it's yoruba vs igbo or in this your case, mainland vs island.

How are our voices to be heard, if half are out of sync

grandstar:
I think it was poorly handled by LCC

There should have been more than adequate publicity about such a hike. Anyway, the lockdown as finally created that publicity Nigerian style

I support the increase. In real terms, the amount they were charging had gone down due to the loss of almost 50% of the Naira's value. An increase was just reasonable.

Nigerians should start learning to pay the full cost of utilities and services either through direct charges or indirectly through indirect taxation such as petrol tax etc

Unless people are ready to pay, they should not whine about poor infrastructure

YoshiMaster:
Just imagine this rubbish, for a road that was already in existence

All they did was add extra lanes and now we have to pay toll seemingly forever.

This is soo sad, all kinds of people live on the lekki/ajah axis, rich, poor, middleclass.

What I don't get is why Nigerians that are not affected by a certain situation display such nonchalant attitudes. People are already saying people can pay, like, why would you be so insensitive to your fellow humans, your fellow Nigerians, heck, your fellow Lagosians. Is it cause they claim to be living in "lekki", that you hate them

N200 both ways is N400 a day. If you forget something or go for lunch break, meeting, hustle, then you double that N400 to N800, just to pass a road

I have no problem with tolling the Lekki-Ikoyi Link bridge, cause that bridge never existed before and solves a particular problem, but how can you toll a road that had already been built, with people already using said road to get to their various homes

Is Nigeria really a country

Some annoying people will now come and say, "but there is toll in the U.S.A", but do they even know how toll works in the U.S Just annoying little bratty rif raffs, mtcheew. In the U.S, you can decide to use the toll or not, but I guarantee you that your alternative route will not be a single lane road passing through a private estate and market, mtcheew

GetUmad:
Read my post well. That's why I said it's rather unfortunate if a low income earner is caught in the web.

Bro, please let's be sincere with ourselves. For things to really work the way it's supposed to be, prices must be paid. Sacrifices must be made. We complain too much in Nigeria. I am in a place where I pay toll as well meanwhile there's no any alternatives to that. I just have to pay it. That's the way they generate revenue to put things in places for us to enjoy. Unfortunately, same thing can't be said about Nigeria as the fund generated might become diverted along the line. I fully support toll and increment if only its intended for the comfort and betterment of the populace. That's how things work in other places. They increased the toll of a particular place I used to visit just of recent. No one protested and you pay regardless of your financial class.

The thing is, the affluent ones on the island are the main cause of the traffic gridlock on that alternative route. They also avoided the toll thereby increasing the number of vehicles plying the alternative route and increasing the burden. Meanwhile, these same people travel out of the country and pay for EVERYTHING WITH TAX, even smile while doing it. They pay toll on roads and never frown. They get back to Nigeria and complain about everything when they do nothing to contribute to her growth. I'm sort of happy that these rich people are being invariably taxed heavily in lagos via several avenues. Unfortunately, when you prune a tree branch, some other things suffer with it.

I understand your plight. It is well.

PrecisionFx:
Lmfao, See broad daylight self deception. Lagos is over populated and this didn't start today, it has been on for decades. Lagos is the smallest state in nigeria n Lagos does not even have enough land to engage in agriculture n feed all the residents. Once Nigeria reactivates warri, calabar n Onne seaport n also reactivate Onitsha river port n builds a river ports in Kogi n Benue states, Lagos population will drop n the sanity will return to the state.

PrecisionFx:
Lagos traffic wahala will never end until other geopolitical zones get their own Sea n river ports.

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seguno2:
A private company hikes tolls on a concession that the government has bought back and you are saying Lagos is working? Is stealing and working the same thing

tiswell:
I didn't see the big deal there,an average NigerIan car owner can afford all that.

djon78:
I think many of you are just ranting. Paddy Adenuga has got serious guts. Like the guy you quoted said. Bidding in developed countries no be beans. Did you notice the number of meetings that dude was going all across Europe.

We have many rich kids galavanting and wasting resources. But that guy showed the fibre he was made of.

In fact he will go places with time. The level of expertise, composure, that guy showed on that write is world class standard. It was never Nigerian standard, but global standard. And until most of our big business men begin to play on global standards, our economy will always be in the backwaters.

And more thing, poor folks can never attain to even half of what that guy said there. The levels is too much for your understanding. Levels is top notch. I was truly inspired by that article and my respect for him quadrupled.

djon78:
My friend you can say all you want to say, but my kind of person believes playing in the big leagues of this our world. Those Nigerians you are talking about how many of them can garner the kind of talent the guy gathered. How many Nigerians out there have built successful globally reputable companies. Most of them are just slaving it out working for the white man.
Most of them can't even afford the kind of lifestyle he was talking about here. They no born them well.

Hard working and who told you he is not hard working. Abeg shift one side.

The guy did well. He had guys and note it down, that dude will birth something extraordinary in no distant time. You think say to bid for a multinational companies unit manager beans. Let me repeat it again. The levels Wey that guy dey operate in no be anyhow level, no be money miss road level, no be backward bush level. The level is very much way beyond most of these noise makers.

Chukazu:
Raise which money ?

Did you read my first post?

Didn't you see where I mentioned Edger ?

His inability to pay Edger at initial bargain was one of the things that caused the failure.

Which 50million are you talking about you?

50 million dollars was for the opening bid...of which he later bidded 100million , and he clearly stated that he didn't know where the extra money would come from...am sure you didn't read that part ,you more interested in ego trip?

Did you know how many times he mentioned that particular age ?...about four different times what is so special about been 29?

I was confused by his behaviour. I told him who the others were that were on Catalan’s advisory board but he wasn’t having it, either he would be paid his princely sum to attach his name to Catalan or no deal. I was 29 at the time and was still head-strong and prideful

Here I was, in my late twenties, in a massive boardroom, with a management team of fifteen people presenting to me. I felt like I had arrived.

This bid was destined for me to win. I was meant to be the Alexander the Great of Africa oil & gas and barely into my thirties.

was going to ride back into Africa on my Trojan Horse and become King ""

and you can't see the pride and ego massaging in all this piece? ... even after the man admitted that he was "proud" but you busy saying otherwise, how gullible?

Despondent, I called my mentor for a way forward. We spoke extensively and as I expected, he was the only one that saw how important Chevron Netherlands would be as a technical partner-operator in Africa. We agreed that between myself as a small cash contributor, himself, and a few other investors we could raise cash of USD 50 million as a maximum bid price.
_{https://theafricaarchive.com/2018/01/29/a-lion-in-the-north-sea-the-battle-for-chevron-netherlands/}

I also told Richard how much we would be ready to spend for the first acquisition – between USD 50 million and USD 100 million. We would finance our acquisition via reserve based lending and would likely raise cash equity of thirty percent of our purchase price with a Bank raising debt of seventy percent to help the balance of the purchase price. I had described the “goldilocks” company Catalan needed to acquire. With that said, Richard told me to give him some time to find the best deal for Catalan.
_{https://theafricaarchive.com/2018/01/29/a-lion-in-the-north-sea-the-battle-for-chevron-netherlands/}

Olumaeme:
I can clearly see how mundane and senseless u are, I do not need to engage u anymore.
U said its not easy to own company in Europe na because of tax and work force.. Hahaha hahaha..

Your brain don jonnzzzz..

It's just like the best footballer in Nigerian going for trials in Barcelona and he failed.....

Lots of people are bidding for businesses across the world everyday...

No b new thing guy, maybe paddy's story is the greatest u have ever heard in your life... I understand

If you and your family is wretched, everybody is not

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Chukazu:
Did you also read where he talked about not knowing where the money would come from?

Did you also read where he talked about learning from Nigerian experience,where meeting government officials was necessary to winning a bid and such meetings in Nigeria doesn't happen without you settling somebody,now that tells me that have been bribing their way to get certain contracts? What is really special about the whole bid?

Am sure he would have gone to the father to collect the money...na him papa ,so am not hating but let's not make it look like he did magic.

The guy kept talking about been super rich @29 as if life revolves around that age.
Obama retired at 54 while Trump resumed office at 71, life is turn by turn

Despondent, I called my mentor for a way forward. We spoke extensively and as I expected, he was the only one that saw how important Chevron Netherlands would be as a technical partner-operator in Africa. We agreed that between myself as a small cash contributor, himself, and a few other investors we could raise cash of USD 50 million as a maximum bid price.

jayson87:
Dude some Nigerian young chaps put up a bid to buy snapchat before it became popular, they didn't make it a big deal. Snapchat is what much more than Chevron's business in Netherlands. Be humble and quit asslickin. very soon, you guys will turn this dude to one fela durotoye. i am waiting

Olumaeme:
He hehehehe, u don surely tey for village..

Is there anyway you will do business anywhere without one yin rules and regulations? Is there anywhere u will do business without paying taxes?
All this things u mentioned here, even a 2yr old knows..
I have worked with a contracting firm and I swear with your money, you can do business anywhere, I meant any country.

There's a man I know for example, bought a company in China, he's into supply of military and Para military uniforms, kits (major supplier), part of the suppliers of NYSC kits and all...
He bidded for up to 6 companies, his son is studying in China and a friend to a rich man in China who helped them Broker the business and acquisition...

He's also member of Nigeria - China Business council... And have met friends there who will always bring business opportunities they can invest in China, and Nigeria etc

It's not a big deal, this is what happens every other day in the business world...

Let me tell you something, to do business in Netherlands, it takes around 1500 - 2500 euros to register your business depending on the size, you can join the Dutch chamber of Commerces, meet people and get to know about business opportunities in their countries, if u have money invest..

You can go tru a citizen as a third party so as to reduce your taxation and all...

There's nothing special about this guy's story...

jayson87:
Asslicker.. Let me reiterate myself, anyone, i mean anyone can put up a bid to takeover any company that's up for sale. Stop Asslicking that dude, you are so delusional to think its only Nigeria corruption thrives, Europe is worse. Olodo.

Are you aware that if you are a publicly quoted company, any bids you make or any bids made by your firm, affects your stock prices? Are you also aware anyone can set up a consortium all in the name of putting up a bid to take over a company without being listed on any stock exchange. you think you are talking to a neophyte in business. Even my newborn can put up a bid to buy a company.

MrMcJay:
I have read Paddy's post as well as a lot of myopic rejoinders and ignorant comments. My own is just to pick my lessons and use it for my personal improvement.

Let those who refuse to learn anything keep wallowing in ignorance and setting up excuses for their poverty. 10 years from now, they'll be biting their bony fingers in regret.

jayson87:
People celebrating Adenuga's son like he did a big deal or thing... Please I mean, anybody, I mean Anybody can submit a bid. He sugarcoated a company takeover process like its a landmark achievement. Please tell him 9mobile is up for sale, he can start with that one.

RogueX:
Stupid girl has a complex!!!
I learnt lessons from that write up, so did others

Build your network, don't hide information from your friends/colleagues, follow your instinct, more experienced doesn't mean they are right, never be limited by your age... and so on

But she can't comprehend only seeing the lavish parts and not the part that's meant to be learnt.

All that long write up n all she saw was townhouse, switzerland and the flashy part. I call it an olosho ear filter, only hears money/ parole and not the work behind.

I wonder what her own article is trying to achieve, make people feel they can't get rich if they aren't connected?

If that article has given more reasons to achieve, ignore her. You don't have to be rich/privileged to succeed!

Let her waste her time saying rubbish

philip0906:
Hello Shade Ladipo Market

1. Your post reeks of pure hatred,envy,jealousy and makes you sound like the young man wronged you.
2. Paddy Adenuga did not throw his story at your face or force you to read through at gun point.
3. While you are entitled to your opinion, you should be reasonable and not make yourself a fool in the public square.
4. Paddy Adenuga's being privileged to be born into a rich family does not make him less of human being who shouldn't take his chances at life. He has taken a shot at life,hence his story.
5. It isn't Paddy Adenuga's fault that your father or my father aren't billionaires.
6. We are all hustling hard to provide a guaranteed future for our kids. If I eventually turn out to be a billionaire like Mike Adenuga, I don't expect anyone to throw my kids under the bus or rant because I have paid the price like Mike Adenuga has.

adisaigbo1:
Oya, our yeeboe brothers... come and blame afonjas as usual
ndi ara

Olumaeme:
It's even more easier to do international business, because you do not Need to bribe in other countries to get business done. If you have your money, you can fly to any country and invest.
There are chambers of commerce of countries everywhere, high commissions of countries everywhere.

Maybe you are carried away by the "international"

Most of the rich kids who do Business abroad don't come online to look for cheap popularity bro

kennyakinz:
You can't deny the fact that his name will open a LOT of doors for him, especially in a country like Naija....

Helpfromabove1:
Yes NEGATIVE BALANCE , I have experience this on my LCC account not more than once , the first time I experienced it lasted for about a week ,my balance refuse to go down ,I keep seeing the same balance every day , I have to drive into there office to report ,then I was told they are aware of it and it as a result of a damage to the fibre optic cable and it will all be deducted later

But Nigerian will come to social media and tell the world edited story hoping to deceive ...... People.
The concluding part of the mail sent show's thier is more to the story

wman:
This whole sh**t is overhyped.

I like his gogetter attitude and his smartness.

His writing skills isn't great. That was just too overhyped.

There was an element of boasting all through the story. There is a way you can describe expensive and classy places/things without that element of pride. Only those who read a lot of books and maybe write will get what I saw in his story.

I think a lot of Nigerians were overwhelmed because they hardly read autobiographies or hear stories like this from Nigerians.

If you read stuff from foreigners, you'll know that this isn't much.

And this story doesn't make him a perfect being or a perfect person to hold a political post. You never know too much about people. A single story is not enough. If you can be deceived by 'I had no shoes' or 'I couldn't afford my presidential candidate ticket' and you hold this story as a standard, you deserve the terrible leadership you get. A single story doesn't make one a good political candidate. Stop calling for him to run.

Plus, a lot of the things you read were not written by the actual authors. Ghostwriters plenty die! The rich and famous use them.

I'm not a hater. Just saying it as it is.

I agree that the writeup will make for a good movie.

Who else got overwhelmed by all those millions of dollars they were calling? shocked shocked shocked

IseOluwa777:
Very inspiring... This is not stuff demonstrated simply because you were born to a wealthy family. With this attitude, even if he started life with just a wooden spoon, all things being equal, he would still make something good out of it. Good job man..remember - Abraham Lincoln failed at every election until he won the US presidency. Keep firing and you will hit it off eventually, somewhere,someplace.

wristbangle:
I am indifferent about paddy adenuga's media propaganda, painting him in a derogatory way but people who have worked with him closely when he was the acting chairman of glo made positive remark about him.

This is someone that is solely behind the idea of per seconds billing in telecom business and responsible for strong staff welfare in globacom then until some wolves deceived his father to believe paddy is reckless in resources management. The company ought to have been bigger than this but see where they are till date.

I read his article keenly and what I deduce from it is an enthusiastic, intelligent, assertive and dogged young man who is an inspiration to Nigerian youths who are particular about achieving what is not achievable.

He might have loss the deal but for the courage he had put on coupled with the contacts he made will give him an edge when next an international bill comes up.

Some people will say, if not because he is from a rich home... how many sons and daughters of billionaires are so enthusiastic like him?

Olumaeme:
His father is the second richest man in Nigeria, he's rich already, so there's a very strong final financial backing, there's a company for sale, he put in and lost... There's nothing special in that na.

Anybody, I mean anybody can do that, he can even stay back in Nigeria and bid without running up and Dan... There are many rich kids who buys existing companies too depending on how deep your pocket is...

I have a friend who we are serving together and had wanted to start a fish pond and luckily there was someone who had a problem and willing to sell, he just spoke to his mum and in 5days, the money was raised and that was it...

I believe there are millions of rich kids who would have bought and sold companies....

The only thing Is that, he's a good story teller.... At least this time, it's not about women

just2endowed:
Let's assume that both of us write the same business proposal and everything was above 90% pass. And I come with My minutes collateral and he presents his own collateral that his father had saved for him. As a banker, will u borrow him or me? Oga be fair. Bank know what is risk management.

Jethrolite:
I doubt he did the writing himself, he probably created a voice note and had a professional writer create the write up for him. You ought to see that easily, no one writes like that. Believe me, when you operate on that level, you get people to do these things for you, he simply records the story, gets a writer to properly present it, edit and create a final copy. I won't be surprised if this writeup is a chapter in his autobiography.