Politics › Re: Open Letter To Governor Makinde: Security Is A Political Question by lawani(m): 12:34pm On Jun 04 |
ooduapathfinder: Sir,
This is a response to your recent call for citizens to bring forward “better ideas about the security architecture and what we can do in the medium to long term,” coupled with your promise to listen and act where appropriate.
While we cannot dictate how you should secure the release of the abducted children and teachers, neither do we intend to second-guess your immediate strategy. We will therefore refrain from speculation and instead take you at your word.
We are seizing this opportunity to present our own medium and long-term ideas concerning security architecture in Yorubaland and Nigeria.
We cannot claim with certainty that our ideas are superior, since we do not know all the options currently under consideration. However, we are familiar with many of the approaches pursued by successive governments.
These include ransom payments, the rehabilitation and reintegration of so-called repentant terrorists, official rhetoric that appears to excuse or rationalize terrorist activity, demands that communities choose between preserving their lives and retaining their ancestral lands, and the continued warehousing of victims in Internally Displaced Persons camps.
Measured against these approaches, we are confident that our proposals deserve serious consideration.
Before discussing solutions, however, we must first identify the source of the problem.
Various explanations have been offered for the insecurity crisis: poverty, climate change, economic hardship, nomadism, and ECOWAS transhumance protocols that allegedly facilitate the movement of herders across borders.
None of these explanations adequately addresses the core issue.
They function more as excuses than explanations.
This is because the end result is remarkably consistent: the displacement of indigenous populations from their ancestral lands.
If poverty, climate change, or economic necessity were truly the driving forces, they would not repeatedly produce the same political outcome, to wit: the removal of communities from territories they have historically occupied.
People are not placed in IDP camps because of climate change alone. They are displaced because violence compels them to abandon their homes.
For this reason, we contend that insecurity and banditry in Nigeria have become political enterprises.
Across large parts of Northern Nigeria, entire communities have been displaced while government authorities maintain them in IDP camps
The lands they once occupied remain politically counted as part of the affected states and regions, yet the original inhabitants are effectively stripped of meaningful representation.
At the same time, many perpetrators are recycled into society under various rehabilitation and reintegration programs, creating a cycle in which violence is repeatedly rewarded while victims remain marginalized.
This situation differs fundamentally from movements such as MEND, the Niger Delta Volunteer Force, or even the OPC.
Whatever one may think of those organizations, their struggles centered on resource control, political rights, or self-determination and not territorial expansion.
Indeed, government amnesty programs ultimately neutralized many of those movements while leaving their underlying demands unresolved.
Today's insecurity presents a different challenge.
It combines economic disruption, territorial encroachment, population displacement, and attacks on traditional institutions.
In many respects, the pattern resembles historical campaigns of conquest in which political authority was established through territorial domination and the weakening of indigenous structures.
The state's response has often neutralized southern self-help initiatives while appearing incapable of decisively confronting forces that threaten indigenous communities.
Consequently, insecurity has evolved into a mechanism through which political power is acquired, consolidated, and maintained.
If the problem is political, the solution must also be political.
And political solutions ultimately depend upon political empowerment.
The Long-Term Solution: Establish Political Legitimacy
The first task is to address the political environment that permits insecurity to flourish.
The experience of Amotekun is instructive.
The political will demonstrated by Yoruba governors eventually led to its establishment.
Yet Amotekun emerged in a limited form, constrained by Constitutional and political pressures from the central government.
The ongoing debate over state police faces similar limitations.
You yourself have repeatedly pointed to the structural obstacles imposed by the current Constitutional arrangement.
The lesson is clear: security reform cannot succeed without political will.
The question then becomes: what kind of political will?
Our answer is this: the political narrative itself must change.
The present Constitutional order empowers the central government while simultaneously denying the people recognition as the true Federating units of the Federation.
The 1999 Constitution derives legitimacy from that arrangement, and every Constitutional alteration since then has operated within its confines.
Yet none of those amendments has addressed the fundamental question of political legitimacy.
For decades, Nigerians have demanded Restructuring and True Federalism.
The problem has never been the absence of proposals.
It has been the absence of a legitimate mechanism to implement them.
Numerous Constitutional conferences, political conferences, and reform committees have come and gone since 1999.
Their recommendations have largely gathered dust.
Why?
Because they lacked the legitimacy necessary to compel implementation.
Most were government-sponsored exercises designed to manage public pressure rather than fundamentally resolve the Constitutional question.
If Constitutional Re-formation is the solution, then the issue of legitimacy must first be resolved.
This is where the Referendum becomes indispensable.
For Yorubaland, that means a Yoruba Referendum.
This was the essence of the recent position advanced by Chief Wole Olanipekun, who called on the National Assembly to suspend its current Constitutional alteration process and instead pursue an Autochthonous Constitution through Referendums in which the Federating units themselves determine the process, parameters, and outcome.
We urge you to endorse this position.
Since 2022, the Bill for a Referendum has been submitted to the Lagos, Ogun, Oyo , Osun, Ekiti and Ondo State Houses of Assembly.
So, this has been a long-standing pursuit whose time has probably come.
Hence, we once again call upon you to encourage the Oyo State House of Assembly, and, by extension, other Yoruba Houses of Assembly to pass the Bill for a Referendum into law, secure gubernatorial assent, and initiate the Referendum process.
Such a step would immediately signal that a new political era is emerging.
It would communicate to both the perpetrators and enablers of terrorism that the political environment sustaining insecurity is being challenged.
That is what genuine political will looks like.
The Medium-Term Solution: Community Security Under Traditional Authority
While the long-term solution addresses political legitimacy, immediate institutional reforms are also necessary.
Our proposal is straightforward.
The current concept of private security outfits should be replaced with a Community Security framework operating under the direct supervision of traditional rulers within their respective domains.
Training, logistics, communications, and equipment should be provided by state government.
Under this arrangement, Obas would serve as the first responders and primary custodians of security within their communities.
Their responsibilities would be owed first to their communities, second to their councils of traditional rulers, and third to the state government.
Such a system would create local accountability, local intelligence gathering, and local ownership of security outcomes.
It would also restore practical relevance to traditional institutions whose authority has steadily diminished despite their continuing influence within their communities.
Will some traditional rulers misuse such authority?
Perhaps.
But that possibility exists in every institution, whether political, military, judicial, or bureaucratic.
The more important principle is that the Oba of a community should bear direct responsibility for the security of his domain and be held accountable accordingly.
A security architecture that excludes those closest to the people cannot effectively protect the people.
Sir, you asked for better ideas.
We have offered them in good faith.
Our central argument is simple: insecurity in Nigeria is fundamentally political in character.
Therefore, any lasting solution must also be political.
The long-term answer lies in restoring legitimacy through Constitutional Re-formation and a Referendum process that places authority back in the hands of the people.
The medium-term answer lies in empowering communities and traditional institutions to take responsibility for their own security.
We respectfully urge you to give these proposals serious consideration.
A crisis of this magnitude demands more than administrative responses.
It requires political courage, political imagination, and political will.
The future security of Yorubaland may depend upon all three.
Thank you, sir.
Editorial Board Yoruba Referendum Committee
Did they use referendum to give us the current constitution? If you wait for referendum you will grow old while waiting |
Education › Re: Oyo School Attack: Oyo NUT Announces School Shutdown, Plans Statewide Rallies by lawani(m): 11:58am On Jun 04 |
ZombidiotFools: Those were terrorists that surrendered when they were cornered by the military during gunfight, and they got arrested.
Which evidence are your looking for when they didn't deny being terrorists and were arrested on the fronts?
I can see your are even defending the release of 700 terrorists just to defend Tinubu, and I'm here wasting my time.
Just for you to know, I travelled past more than 5 states in 2022 just to vote for Tinubu. I don't know why they were released and why do you say I am defending Tinubu? I don't jump to conclusions. Do you know the details of the circumstances of why the 700 repentant BH militants were released? I believe if there was enough evidence against them even the army would not have allowed them to be released. If no enough evidence to prosecute them then you have to release them. To feed them alone will cost up to two million naira a day |
Education › Re: Oyo School Attack: Oyo NUT Announces School Shutdown, Plans Statewide Rallies by lawani(m): 8:19am On Jun 04 |
ZombidiotFools: 1)So, Tinubu as The GCFR what is stopping him from doing all that since 3 years?
2)You said the militants have the support of Northern politicians. But innocent Yorubas doesn't have the support of The President, who is also their brother. It's simply means Tinubu is doing eye service for the northern politicians?
3) why did Tinubu release 700 murderous terrorists, but haven't created state police? Yes those are the real questions. Also to kill 700 people or keep them in prison indefinitely if they were not really caught doing the thing and there is not enough evidence isn't easy. However if bandits were actually caught in the act, they should not have been spared |
Culture › Re: This Story Of Creation Recanted By Araba Solagbade Correlates With What I Got On by lawani(op): 7:09pm On Jun 03 |
What did I learn from the publication? The IFA cast for Olodumare! Odi Irosun Idin Aisun The Odi or helper that never sleeps!
Olosun odi ni omode nda Omode kekere kii da Idin Aisun Idi Aisun ifa kifa!
A difa fun Olodumare Agotun Oba ateni ola legelege to fori sapeji Omi Olodumare nsu Kun Omo araye SEBI ojo lo nro! Ekun Omo ni Olodumare nsun o.
Translation
Olosun odi is what can be cast for a child Idin Aisun can never be cast for a mere child Idin Aisun is a delicate odu
This was the IFA cast for Olodumare Agotun The great King who divided the great waters with his head Olodumare weeps and Earthlings think it is raining! Olodumare is crying because of it's children!
Olosun Odi is an alias for Irosun odi. It means blessings given to you by who you trust. It is of course an ODU for an infant that can only survive by trusting others
Odi Irosun is big help and it is only cast for someone ready to give it all. That is why the story calls it a delicate ODU as cast for Olodumare.
Odi Irosun
It was cast for the late President George H W Bush who mobilized and threw in the weight of all the positive forces on Earth that matter on my side when the forces representing evil rose against me
It is a delicate odu indeed |
Culture › This Story Of Creation Recanted By Araba Solagbade Correlates With What I Got On by lawani(op): 5:52pm On Jun 03*. Modified: 7:19pm On Jun 03 |
It is noteworthy to say that Ifa told me independently that the ODU of creation is Osa Ogunda and that the first human being was a woman. I got the information a few years back as a self taught and independent Awo of Orunmila and it correlates with the information in this publication by Araba Solagbade Popoola What did I learn from the publication? The IFA cast for Olodumare! Odi Irosun Idin Aisun The Odi or helper that never sleeps! Olosun odi ni omode nda Omode kekere kii da Idin Aisun Idi Aisun ifa kifa! A difa fun Olodumare Agotun Oba ateni ola legelege to fori sapeji Omi Olodumare nsu Kun Omo araye SEBI ojo lo nro! Ekun Omo ni Olodumare nsun o. Translation Olosun odi is what can be cast for a child Idin Aisun can never be cast for a mere child Idin Aisun is a delicate odu This was the IFA cast for Olodumare Agotun The great King who divided the great waters with his head Olodumare weeps and Earthlings think it is raining! Olodumare is crying because of it's children! Olosun Odi is an alias for Irosun odi. It means blessings given to you by who you trust. It is of course an ODU for an infant that can only survive by trusting others Odi Irosun is big help and it is only cast for someone ready to give it all. That is why the story calls it a delicate ODU as cast for Olodumare. Odi Irosun It was cast for the late President George H W Bush who mobilized and threw in the weight of all the positive forces on Earth that matter on my side when the forces representing evil rose against me It is a delicate odu indeed https://www.facebook.com/share/p/1EV6wsvS9Q/ |
Education › Re: Oyo School Attack: Oyo NUT Announces School Shutdown, Plans Statewide Rallies by lawani(m): 3:14pm On Jun 03*. Modified: 4:38pm On Jun 03 |
ZombidiotFools: What will Sowore do differently? He will stop insecurity, at least Tinubu has shown he doesn't care. It's best for him to leave. If a Yoruba president can't protect us, then it's better for him to leave.
To be honest with you, I'm not going to vote because I'm not even In the location I would be able to
It's now obvious Tinubu is scared of attacking the Fulanis.
I thought it's only Buhari that releases repentant terrorists, untill Tinubu released 700 repentant terrorists, what do you have to say about that?
Come and tell the victims of insecurity in SW if they are not happy with the infrastructures in the SW,
Infrastructures doesn't matter if lives are not protected.
You are insensitive because you haven't been a victim or anyone close to you a victim of insecurity. Would a man whose house is burning leave his kids to be saving television? If Tinubu sacks Ribadu now and puts him on trial for sending unknown gunmen as vigilantes to villages in Kwara that are under the attack of unknown gunmen then there will be not much to blame him for again moreso because he is openly in support of state police. Nothing short of decentralizing security and going after the bandits in their hideouts and patrolling the forests can end the insecurity in the country. No magic. States and local government police departments, registered vigilante groups and registered private security companies must be able to bear military grade weapons. That is the only solution These militants have the support of Northern politicians that Tinubu is working with. According to the US, the Lakurawa alone are 30k strong |
Politics › Former Biafrans Should Take Their Ongoing Benefits As Reparations by lawani(op): 12:04pm On Jun 03*. Modified: 4:50pm On Jun 03 |
Former Biafrans should take their ongoing benefits as reparations
Since many Igbos who are descendants of Biafrans are all over the internet accusing Nigeria of causing starvation during the blockade imposed on Biafra by Nigeria during the civil war, they should start seeing the central representation in Nigeria that heavily favours them as reparations while acknowledging the fact that both sides and indeed all belligerents in any war are guilty of war crimes. Biafra for instance was guilty of attacking both the Midwest and the West that they knew were working for them in Lagos. Thousands of people were killed too during the invasion of the Midwest and the west by Biafra and those people too could have been alive today. To attack a friendly country whose leadership publicly announced no assault on you will emanate from their land is a war crime too, only that it is those who suffered the most that are given or that seize the podium to complain.
If 19 million people in the SE have five governors and fifteen senators collecting salaries from the federal purse, having franchise in decision making while 23 million people in Lagos have just one governor and three senators and 20 million people in Kano have one governor and three senators, ten million people in Oyo have one governor and three senators, ten million people in Ogun have one governor and three senators, eight million people in Rivers have one governor and three senators for decades now while the same template is also being used to share federal allocations to states and local governments then the SE Igbos should take that development that has remained till now as paid reparations until it ends. |
Politics › To Achieve Equality And Prosperity, There Also Should Be Fairness by lawani(op): 9:36am On Jun 03*. Modified: 9:51am On Jun 03 |
To achieve equality and prosperity there also should be fairness As posited by the honourable US secretary of state Marco Rubio, it is not right for the whole world to depend on any country or group of countries for ninety percent of any vital resources. Acknowledging this is vital to building a world of equality and prosperity for all. If the Nigerian government can go to the Niger delta to take oil for non indigenes to share then the UN must reach a new agreement on how vital resources on Earth should be shared. It must be remembered that most of the oil in Nigeria is off shore and something in the oceans which is seventy percent of the Earth can not or should not belong to littoral communities or states alone. This should also be true for any resource of any kind put in that category by the United Nations https://www.facebook.com/share/v/1AxN6p3fkd/ |
Health › Re: Numbers Of Newly Tested HIV Positive Patients In Nigeria In The Last 3 Months by lawani(m): 6:17am On Jun 03 |
People say Atogbe has always existed and that Atogbe is AIDS |
Science/Technology › Re: Secret Of DNA. White Men With Dark Skin And Sub Saharan African Phenotype by lawani(m): 5:59am On Jun 03*. Modified: 10:41am On Jun 03 |
Secretbloodline: The concept of "race" as a biological or phenotypical division of humanity is a modern invention. It was developed during the 17th to 19th centuries by European powers, particularly within the British Empire, to justify the economic exploitation of colonialism and the transatlantic slave trade.Historically, distinctions between groups of people were based on religion, nationality, or culture rather than skin color. However, as the British Empire and other European powers expanded globally, this framework fundamentally changed.The rise of racial hierarchy was driven by several key factors:1. Justifying ExploitationDuring the Enlightenment, European philosophers and colonial leaders proclaimed ideals of "liberty" and "natural human rights". Enslaving and dispossessing human beings directly contradicted these values. To resolve this moral conflict, colonial systems developed the myth of race, arguing that non-European peoples were biologically inferior, sub-human, or inherently "savage" and thus naturally suited for forced labor.2. Codification in LawThe British Empire actively structured its legal and societal systems around race, which can be seen across the Atlantic colonies:The Transatlantic Trade: From the 17th century onward, the British Empire transported millions of enslaved Africans to the Americas to fuel a highly profitable plantation economy.The Barbados Slave Code: Enacted in 1661, this influential British colonial legislation established distinct and unequal legal statuses based purely on skin color and ancestry. It stripped enslaved Black individuals of legal rights, codifying the ideology that blackness was synonymous with servitude.Creation of Whiteness: To prevent poor European laborers from uniting with enslaved Africans, colonial laws elevated all Europeans to a single legal tier of "whiteness," granting them basic privileges regardless of class.3. "Scientific" RacismIn the 18th and 19th centuries, the ideology of race was legitimized through pseudo-science. Naturalists and anthropologists like Carl Linnaeus and Johann Friedrich Blumenbach created racial taxonomies. These frameworks categorized humans into hierarchical types, placing Europeans at the top to provide an academic justification for imperial rule and the civilizing missions across Africa, Asia, and the Americas.The understanding that race is a historical, man-made construct rather than a biological reality is a vital framework for studying both colonial history and contemporary social inequalities.If you are interested in this history, I can provide more details on:How the transatlantic slave trade shaped the modern global economy.The role of pseudoscientific theories in 19th-century colonial governance.The history of slave codes in British North America and the Caribbean.Let me know how you'd like to proceed!How European Colonialism Led to the Invention of Race-And Why That Still ...Most of us assume that racism led to the conquest of American Natives and to the enslavement of Africans. Cox, Fredrickson, and many others argue just the oppos...Hope College Blog NetworkThe British Empire and Race: A Debate with Robert Tombs - Sussex BlogsFeb 1, 2022 — Yet the British Empire's maintenance of White people's rule over people of colour on six continents was unique. Only the other modern European and American empi...University of Sussex15:23The entangled histories of Britain and the CaribbeanYouTube·LSESlavery in the Colonies: The British Position on ...Mar 19, 2020 — Slavery in the Colonies: The British Position on Slavery in the Era of Revolution * First slave auction in New Amsterdam by Howard Pyle, 1895. We know that the ...American Battlefield TrustSlavery in the British colonies (article) | Khan AcademyEvery English colony practiced slavery, building an empire-wide system of white racial dominance and African oppression. Overview. The seventeenth and eighteent...Khan AcademyThe British construction of whiteness: unionism, imperialism, and the United ...Jun 19, 2017 — To put this as simply as I can, the idea of race — the ideology of racialising people, in particular black and white — did not only come about through the imbal...Medium·Malory NyeAP® US History: Topic 2.6 Slavery in the British Colonies - Albert.ioColonial Slavery and the Ideology of Race ... But the development of slavery tied to Africa and Africans created something new: an ideology that racial categori...Albert.io2:56The invention of race explained in under 3 minutes | Smarter in SecondsYouTube·Blair ImaniRace - History, Ideology, Science | BritannicaApr 25, 2026 — Race as a categorizing term referring to human beings was first used in the English language in the late 16th century. Until the 18th century it had a generaliz...BritannicaDefining Race & Lifelong Servitude in the Colonial Americas (2024)The 1705 Virginia Act Concerning Servants and Slaves collates the practices of British colonies throughout the Caribbean and Atlantic seaboard. In these acts, t...University of Nebraska–LincolnColonial model of racism | History | Research Starters - EBSCOThe British maintained a rigid separation between themselves and Indigenous populations, fostering a sense of racial superiority, particularly evident in Britis...EBSCOReplacing Race: Interactive Constructionism about Racialized GroupsIt was the joining of what Doron calls the classificatory and the genealogical style of reasoning in the eighteenth century (by, for example, Buffon and Kant) i...University of MichiganAbandon “Race.” Focus on Racism - PMCSep 7, 2021 — “Race,” as construed since then and now, refers to the classification of humans based on phenotype—observable physical differences—which are assumed to reflect ...National Institutes of Health (.gov)Thomas Jefferson: Liberty & SlaveryEnlightenment philosophy stressed that liberty and equality were natural human rights. Colonial Americans argued that King George III and Parliament had denied ...Monticello | Thomas Jefferson's HomeHuman Rights and Freedom from State Tyranny: HistoryJan 21, 2025 — The philosophical underpinnings of modern standards of human rights, however, are found in the Enlightenment, the historical period in Europe when concepts such...Democracy WebHow racist was the British Empire? - History ReclaimedAug 12, 2021 — The movement to “decolonise” that is sweeping feverishly through our schools, universities and cultural institutions is propelled by three axioms. The first is ...History ReclaimedAmerican Race Relations and the Legacy of British Colonialism S21WEEK 2 - March 25: Colonialism and Social Division British colonial rule brought white settlers and enslaved Africans to America. The divided society functioned...QualtricsBlack Perspectives on the American EmpireDec 17, 2024 — The modern concept of race, that demarcates and classifies racial groups as inherently and innately different, was developed in the Western world from the late ...Springer Nature LinkWhiteness is an invented concept that has been used as a tool of oppressionJul 14, 2022 — In colonial Barbados, 17th-century labour codes described indentured Europeans as “white” and gave them more rights than enslaved Africans on that basis. This e...The ConversationIdeas of Race and Racism in History | OriginsOct 15, 2021 — Colonial leaders began to homogenize all Europeans, regardless of ethnicity, or status or social class, into a single novel category. White people of African de...Origins: Current Events in Historical PerspectiveEdTech BooksThis broad land ownership meant that nearly everyone was a “lord”; everyone was equal (with the exception of marginalized groups who received rights much later,Home - BYUFrom colonial ‘mongoloid’ to neoliberal ‘northeastern’: theorising ‘race’, racialization and racism in contemporary IndiaJan 7, 2021 — Footnote 22 This scientific conceptualisation of 'race' became consolidated in the 18 th and 19 th centuries during the era of European imperialism and colonial...Taylor & Francis OnlineUnderstanding Racism in Europe: Historical Roots, Contemporary Challenges, and Paths to EqualityFurthermore, the 18th and 19th centuries saw the emergence of scientific racism, a pernicious pseudo-science that sought to categorize and rank different racial...International Journal of Science and Society (IJSOC)Race as a concept | Social Sciences and Humanities - EBSCOAncient societies, like the Greeks, did not possess a term equivalent to race, but notions of ethnic and cultural differences certainly existed.
Race Box enforcer.
White Race Box
Asian Race Box
Black Race Box
Indigenous Race Box
The Race Box or category are ranks of heirarchy. There is no biological race that King Louis belonged too. King Louis was tan skinned with dark hair and some Kings had blonde hair and tan skinned so as my great great great great grandfather King Louis Augusta de France. What separated the Louis from the King of England is bloodline. King Louis is J2 haplagroup and the King of England is R1B. The Frankish kings were from Troy and migrated to Gaul then Germany then back to Gaul then founded Francia. The Kingdom is named after my family because we founded Francia our surname de France. The first king of France was Clovis de France. My father is Gerald de France and he had dark skin. Yet my father wasn't a perception lover he told me our ancestor King Louis was light skinned or tan skinned and that George Washington was light skinned or tan skinned. George Washington fought against the British because technically he was not British and sought to create an Independent nation free of British monarchy and that he did. Whilst you are using AI you can search my great great great great uncle John Henri de France and his son John de France who fought with George Washington. We know what George Washington looked like because we were there in battle fighting the British.
Have y'all fought the British in Nigeria? Did you rid yourself yet of its colonial system, its court, its laws and Freemasonry system? Did you educate yourself on true history or what your masters the British taught you? You need to stay in your lane. Nigeria still a British colony if you think race exists. I have explained to you why this bloodline, haplo groups and etc don't mean much. It is because we are spirits and DNA is just clothes. If a woman does not agree with you or love you or is not legally married to you then her son by you will carry your haplo group but will be descended from the mother side. The son will be a spiritual bastard A spirit from the mother side will incarnate in the child who is your son and it's personality will be decided by it's past incarnations and past lives. If you kill someone, that person will reincarnate within three days into your Earth family etc etc. According to my research with the IFA oracle, most Americans, Brazilians, Mexicans and etc have spirits that originated from the native Indians of America and not Europe and Africa as their DNA suggests but there are still African and European spirits among them. Then if you are a free person in your past life and you are aware of how the society is organized, then you would not reincarnate as a slave willingly even if you had legitimate children by a slave woman Would George Washington in the olden days come back through one of his slave descendants? No. Also you can have rights of incarnation as a spirit just as a result of raising someone. When you raise someone you can qualify as a member of their Earth family or they as a member of yours Then if you are displaced from your original culture and disconnected from them in the case of a slave then your Earth family from that place can only incarnate in your children and not in the next generation after them. Your own spirit upon death will either go back to it's culture or incarnate in the new line created in the new culture |
Gaming › Re: Do You Remember Playing Ayo Olopon As A Child? by lawani(m): 5:33am On Jun 03 |
OluOG: Fellow Nairaland members, how many of you remember playing Ayo Olopon as a child?
I grew up watching elders play this game under the tree in the compound. The strategy involved was incredible — no wonder it was called "The Game of the Intellectuals."
For those who don't know: - It is a 700 year old Yoruba board game - 2 players, 12 pits, 48 seeds - You capture your opponent's seeds through strategic sowing around the board - It was played by community leaders and elders to demonstrate intelligence
My question to Nairaland: Do you think traditional African games like Ayo Olopon should be taught in Nigerian schools as part of cultural education for our children?
Would love to hear your thoughts and childhood memories of this great game! 🙏🏾 Draught is now more popular |
Business › Re: When Is Someone Poor In Nigeria? by lawani(op): 7:18pm On Jun 02 |
BUTTERMILKSUGAR: Mr man there is no decent accommodation of hundred dollars a month. A hundred dollars is worth 140,000 or there about
Where do you see a decent accommodation of 140k? Here in Ilesa you can get a two bed for 300k and as a single person you don't need up to that. So you shouldn't spend more than 150k per annum for a decent accommodation as a single person here. It can be quite less than that Which city are you talking about?
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Business › When Is Someone Poor In Nigeria? by lawani(op): 5:42pm On Jun 02 |
When is someone poor in Nigeria?
Take a city like Ilesa in Nigeria for example, a single person earning less than one hundred dollars a month can afford a decent accommodation, decent clothes, good food, an internet connection as well as access to healthcare and they will still be able to save almost half of their monthly income if their cost of transportation is negligible. They will also be able to eat out a few times a month at good restaurants. Someone saving fifty percent of their income can not be described as poor and the person will easily save this percentage if the cost of transportation is negligible. This is why people that don't earn much need to live close to their places of work.
Now, it can be possible for someone earning forty thousand dollars per annum in a high income country to still need government assistance of some kind. That is rich poor and such does not exist in Ilesa Nigeria or even in Nigeria at large.
Some people in Nigeria complain about how much they need to fuel their cars but in a country like Nigeria where the cost of maintaining a vehicle is more than the cost of renting a house, a vehicle is a luxury and not a necessity. I have never owned a car for instance and I am 46. My younger ones have bought several and I have former employees that have bought several and even built houses but I did not buy a car even when I was in business and could afford one because it is not a necessity and I saw the growth of my business as far more important.
In Nigeria and even in most countries of the world, you can not count the cost of maintaining a car as expenses that you need to be above the poverty line. You can only count basic necessities and then check if you are able to save after meeting those expenses. You also can not count the cost of holidays in cities where the cost of living is more than twenty times what is obtainable in the city where you work. You don't need the income to cover that to escape poverty. You can holiday in cities that are peers of your own city until you grow financially.
The average Nigerian city is like Ilesa and even the cities affected by a high cost of living are not much different as only a few areas have ultra high rent in those cities and the cost of transportation is often the main challenge workers face.
Ilesa is not a laid back place as such as it is a university city now, the metropolitan area should have close to 150 hotels, it has numerous banks, a big brewery is the biggest company and it also has pharmaceutical companies as well as many other large scale employers of labour. You can enjoy life in Ilesa.
In conclusion, anyone able to save fifty percent of their income can not be described as poor no matter the nominal size of that income and if you are an unmarried person earning one hundred dollars per month in Nigeria, it can be possible for you to save half that income. |
Politics › The Next President From The North Must Be A Yoruba Man by lawani(op): 1:42pm On Jun 02*. Modified: 3:47pm On Jun 02 |
The next President from the North must be a Yoruba man
Sometimes you don't get what you merit but what you demand
Is the IFA cast for the Igbo people who have five states for 19 million people and are still asking for more and are being considered for it when the Yoruba have only six states for almost sixty million people.
If something is your right or your turn and you do not demand for it then it might just pass you by
Is the ifa cast for the Yoruba of the defunct Northern region of Nigeria who have got nothing by way of leadership of the region or of Nigeria since independence despite being the group with the second highest population in the region
With the mood in the nation focussed on the zoning of political offices in Nigeria, it can not be over emphasized that whenever the North will produce another President for Nigeria, the person must be of Yoruba extraction for the purpose of fairness, balance and equity. The Hausa-Fulani in the North are not five times the population of Yoruba in the North and they should not be sworn in five times as President of Nigeria when the Yoruba have not been sworn in even once. The only Hausa city that is more successful than Ilorin is Kano. All others trail behind Ilorin and there are still Offa, Jebba, Kaaba and part of Lokoja etc as popular Northern cities or towns under the control of the Yoruba in the North.
Nobody is in Lagos to count bridges. Therefore all well meaning and fair minded Nigerians have to realize that the next President of Nigeria from the North must be a Yoruba person. Male or female.
The Yoruba in the SW alone pay forty percent of the taxes in Nigeria as at today and we are not yet talking about the ones in the North or in the South south. |
Politics › Re: Kwakwansiyya Gives Reason On Why He Is Not Supporting The OK Ticket by lawani(m): 1:14pm On Jun 02 |
The next Northern President whether in 2027 or 2031 should be a Yoruba man because how do you rationalize Yoruba having 3.5 senators while not having produced any Northern President? When the Hausa Fulani with less than 20 have had it several times?
So for fairness and equity the next Northern President must be Yoruba. Nobody is in Lagos to count bridges |
Politics › Re: The Yorubas Are About To Share Same Fate With The Igbos by lawani(m): 8:43am On Jun 02 |
IGBOPROMISE1: What’s this one on about!? 
Dude, this your daily preoccupation with tribalism, hate, envy and trying to sell the bad market that is Tinubu….they all seem to be adding up to drive you insane! You need to pull back from the brink because from the looks of things, the next and final stage of your descent into insanity would to enter market naked and start having a heated conversation with yourself!
I asked the fella a simple question which i presumed he’d have the answer to seeing how he sounded so smug and cocksure in his post that i quoted! What’s the point in quoting me if you can’t provide a straightforward and simple reply to my post!? Instead, you’re ranting incoherently!
I see you’re attaching yourself with the south-south as you claim of to be the ‘positive essence Nigeria can’t do without’! Try speaking for yourself and leave the south-south to speak for themselves! If the Yoruba/south-west was to leave Nigeria today and the rest of us stay behind to continue with ‘one Nigeria’, care to tell us what we will lose with your exit?
This fella is actually feeling all funky and smug that ‘western nation put out travel advisory…warning their citizens not to travel to south-east and entire north’, while, apparently, his south-west wasn’t mentioned! Imagine….he’s happy about this as it helps massage his ego! It’s lost on him the fact that foreigners (visitors, investors, etc) will not read the advisory and reach for Google Maps to see where the two ‘safe’ regions are so they can book a flight for those two and avoid the rest! A lot of water has passed under the bridge since that last travel advisory was sent out. Let them come back and conduct another one…i wan check something! Guys, this attitude of ‘my region is a safe island in the sea of general Nigerian insecurity so we’re safe’….this is the mindset of a ‘one Nigerianist’ least you forget….a ‘one Nigerianist’ who mouths empty soundbites about ‘one indivisible and united nation with one unity of purpose and direction’, then he turns around to rebuke people like me who don’t believe in the lie of ‘one Nigeria’ and who would much rather secede! Naive and trusting Nigerians are yet to understand how they’re being used to sustain the ruling hegemonic alliance and service their regional economies, politicians and entrepreneurs with the resources and efforts derived from all of us!
I’m glad you used your own mouth to assert there’s only a semblance of nationhood, meaning that there’s actually no Nigerian nation in fact! See how the truth slips out occasionally when you go on a rambling spree!?
I asked your brother, and i’m now asking you…dude, how will the Yoruba manage to leave a ‘one Nigeria’ if they so want to, and if the rest of the country (including the Igbo and Hausa-Fulani) are dead set against it? Quit with the cho cho cho and answer simple question!
I agree with you that we’ve had quite a number of useless governors in the south-east…especially since the coming of APC! Thing is….they are the kind that APC would naturally gravitate towards since they’re mainly selfish efulefus with serious stockholm-syndrome issues! Even after the first mass murder of innocents in the south-east by bloodthirsty, marauding Fulani herdsmen savages, and despite calls at the time by Mazi Kanu for a vigilante protection force to be set up, the useless governors of the region at the time ignored the advice until the second attack happened and Mazi Kanu was forced to set up ESN! It was only AFTER ESN was set up and was engaging with the scoundrels hiding in our forests that the governors decided to set up ebubeagu or whatever the hell it was called! Where is the ebubeagu today!? I’d advise your governors go back to the drawing board and reexamine the amotekun template because it’s obvious, given recent events, that the vigilante outfit is not fit for purpose! So if Igbos want to leave Nigeria in this modern world, it is other Nigerians they need to take permission from? Did South Sudan take permission from the North before becoming independent? If any group want to leave Nigeria they don't need other Nigerians to agree with them especially when the whole world can see what Nigeria has become |
Politics › Re: Kwakwansiyya Gives Reason On Why He Is Not Supporting The OK Ticket by lawani(m): 8:13am On Jun 02 |
DoTheNeedful: There is a subset of Northerners, mostly Fulani, who believe in the supremacy of the North over the South, and the supremacy of the Fulanis over other Northerners. These people deeply understand and imbibe Ahmadu Bello's philosophy of politically dominating the South.
From what I have seen on social media, many of Atiku's Northern supporters belong to this subset. Obasanjo, as the president of Nigeria, allegedly prostrated for Atiku to allow him run second term. Atiku insulted Jonathan to his face in 2011, telling him not to contest because it was the turn of the North. He would later defect from PDP to be among the founders of APC. The same Atiku contested to be president just as Buhari, a Fulani man, was completing 8 years. Obasanjo begging Atiku for a second term clearly showed that Atiku dangled his Fulani credentials in his face. Atiku is a Fulani supremacist deceiving the gullible as a detribalized Nigerian. Tambuwal, El-rufai and Buhari are other examples of Northern supremacists.
Contrary to what they might want to make you believe, Atiku still does not have a widespread appeal in the North. Most of the people cheering Atiku's presidency in the North are the Fulanis.
The post made by this Kwankwasiyya dude reeks of a Northern supremacist, who could not wrap his head around a RMK deputizing an Obi. To people like him Northerners should always be president, and they must decide whoever and whenever a Southerner should be a president. One of the problems the Northern establishment has currently with Tinubu is that they cannot control him after they reluctantly put him in power. By the way, he still had to bribe them with a Muslim-Muslim ticket.
One of the reasons this superiority mindset in the North has remained is because some Southerners have bought into it. I shake my head in disappointment when I read comments from some myopic Southerners on social media saying something like: "The North have decided to take power back". Statements like this cave to such Northern supremacy mindset; they also reek of Southern inferiority.
The good news is that the North of today is no longer the North Ahmadu Bello handed over to them. They are not as united as they used to be. The long played-out Fulani domination has weakened the cohesion among the various ethnic and religious groups in the North. The Tiv man from Benue or the Berom man from Plateau is more suspicious of a Fulani man from Sokoto than his grandfather was in 1965.
This lack of cohesion is something a united South can capitalize on. With all the popularity of Buhari in 2015, if the SW had voted for Jonathan enmass, Jonathan would still have won. Peter Obi's performance in 2023 also shows a pathway to presidency without massive votes from the Fulani-dominated states.
If Atiku run in 2027 and amass large votes in the North, I would suggest we present and unite behind a Southerner in 2031 to contest against the Northerners. It will be the turn of the North at least in APC and specifically the Yoruba in the NC which is second largest group in the North after the Hausa Fulani |
Culture › What Actually Is Ebo In Yoruba Spirituality? by lawani(op): 10:10pm On Jun 01*. Modified: 8:22am On Jun 02 |
What actually is ebo in Yoruba spirituality?
Ebo in Yoruba spirituality can be other things but more often than not, it is the preparation of the special food of an important person that lived in the past who may be an ancestor or a public figure.
If your late father's favourite drink when he was alive was Hennessy VSOP for instance, you might buy a few bottles on his birthday every year to drink and share to people in remembrance of him and that would be ebo as practiced in Yoruba spirituality.
This makes the killing of rams by Muslims, the killing of Turkey during Thanksgiving by Americans and etc all ebos according to Yoruba spirituality.
For instance there are several incarnations of Ogun and we all have Ogun in both our paternal and maternal lines. Ogun Alara is the one whose favourite meat is dog meat, Ogun Ajero's favourite drink is Palmwine and etc. Different paths or incarnations of Esu, Obatala, Orunmila and etc all have their favorite foods and most ebos are based on the favorite food or drink of someone that may have lived even ten thousand years ago and it can also be a few centuries back
They know the spirit can not eat the food but at least the sight of it's favorite food will please the spirit and since Esu is the link between the spirit and the material, the ebo is placed at a junction where Esu symbolically sits as the point where decisions are made or alternatives are weighed against each other.
Ebo is also charity for animals. We are linked with animals and IFA actually told me you cannot ascend spiritually after winning a spiritual debate without an animal playing a part. The animal will act strangely towards you as a final step and then you will ascend. Therefore charity towards animals is a worthy end that occurs as a result of ebo.
Religionists attack everything and dismiss traditional people as elebo. However anything you do in memory of a loved one is ebo as well. If you give to charity in remembrance of someone, it is certainly ebo because the spirit of the person is watching you and it agrees with you. It will help you in any way it can at that point.
Iwori Obara talks about ebo being something you voluntarily planned which amounts at the end to charity for animals
Iwori Obara
Osensen ebo ni npa igun lerin A difa fun Olu ora ni Mowe Ti awo lepo TI Ogberi leje Iwori o bere! Omo see la ki Inu o bi baba?
Translation
A sumptuous ebo makes the vulture laugh This was the IFA cast for Olu ora in Mowe Palm oil for the Awo, blood for the Ogberi Iwori did not squat! Why will the prosperity of the son make the father unhappy?
Why will religionists fret over food that will be eaten by hungry animals? I think Iwori did not squat simply means the thinking is in order. Nothing wrong in feeding animals |
Culture › It Is A Wonder Some Yoruba Are Asking For Sharia by lawani(op): 6:31pm On Jun 01 |
It is a wonder some Yoruba are asking for Sharia.
In what way is the Yoruba customarily law not superior to sharia? Is it in the penal code or in the alimony laws? Inheritance laws? And etc. Sharia actually says the hands of a petty thief should be cut off from the wrists and women are not considered full human beings in Islam. They can't be prophets for instance and they must remain as wards of men throughout their lives. The Yoruba allow women to be anything. They can be richer than their husbands, they can be monarchs and they can become orisas to be venerated eternally by their followers.
So when you really consider it, the average human culture and not the only the Yoruba have a traditional constitution that is superior to sharia in most respects and it is the Muslims that should copy from them and not the other way round
The Muslims are not the first or the only culture to be averse to alcohol consumption too. There are non Muslim countries in Europe today where it is illegal to brandish a bottle of alcohol in public and etc etc.
Fashion your constitution as a people along the line of your culture that has worked for you for centuries and update it from time to time. Even Mecca was not under sharia when Mohammed was born. It was back then a society where a young lady could be a business owner employing men and even go ahead and marry a man that she was considerably older than. A woman like that married Prophet Mohammed and sponsored him for ten years until he found his feet.
Yoruba customary law is superior to sharia and it should be the code by which a Yoruba country is run. It is acute inferiority complex as well as a lack of relevant education that will make a Yoruba person be clamouring for sharia in Yoruba land |
Politics › Is It True That Northern Nigerians Are All Pro One Nigera? by lawani(op): 4:29pm On Jun 01*. Modified: 5:47pm On Jun 01 |
Is it true that Northern Nigerians are all pro one Nigeria?
I saw a video online where a Northern youth leader was making a statement to the effect. However the reality on ground says otherwise.
For over a decade the Boko Haram have been struggling to disintegrate Nigeria. They have their own thesis on how and why Nigeria failed and it is that the failure was caused by westernization or Boko.
The Boko Haram are the most resolute and most violent of all separatist groups in the country and they are probably if not certainly the most organized. The CNN reported a while ago that they have revenue in excess of two hundred million dollars per annum if not over five hundred million dollars by now which means if not because of the new VAT and CIT being collected from companies by the present administration and shared to the states, the Boko Haram would have had more revenue than the average Nigerian state. It is clear that if not for the allocations being sent from Abuja to Maiduguri the Kanem Borno today would be a sovereign state or a defacto sovereign state.
Therefore the agitation to break up Nigeria is there in the North and it is not at all a Southern Nigeria only affair but as we have southerners who don't want the country to break up there are also Northerners who are the same. Some for selfish reasons, some for the fear of the unknown and some for other reasons. Then Northerners like the late Major Gideon Orkar have also tried to break up the country while Sir Ahmadu Bello's attempt was before independence. It is therefore totally incorrect to say only the North want to keep Nigeria together or only Southerners want to break up Nigeria because all humanitarian observers have reached the conclusion that a breakup of Nigeria is the outcome that is most beneficial to all Nigerians and indeed the whole world. |
Agriculture › Re: Cattle Ranching- The Inexpensive Solution To Banditry by lawani(op): 12:05pm On Jun 01 |
CodeTemplar: then help poultry and pig farmers to build their businesses. You have situation of land shortage and know the land belongs to the farming side but pretend that ranching makes sense. So you think some government in Nigeria don't own poultry business and etc? I think Ekiti owned a poultry business at one point and there are governments in the SW that have ranches. What is needed is to stop open grazing which is the excuse or cover that the Fulani bandits have to do what they are doing all over the country |
Agriculture › Re: Cattle Ranching- The Inexpensive Solution To Banditry by lawani(op): 11:08am On Jun 01 |
CodeTemplar: Private ranches ooooooo. Why only private? Ranch is ranch. Let any entity invest |
Politics › Re: I Am Awaiting FG’s Approval To Dislodge Criminals From SW Forests - Igboho by lawani(m): 10:42am On Jun 01 |
Risingblue008: U don't need the government for such, If u say u are waiting for government approval, Then knw it will never come to pass
They are the government too An extended hands of government It is better with government approval especially as government is responsible for security and they don't know what to do next |
Politics › Re: Igbos Do Not Need Nigeria by lawani(op): 10:37am On Jun 01 |
louqas: They will be missing out on the largest Market in Africa and to me that's suicide for a business savvy people No they won't miss out because nobody will drive them out of anywhere. |
Politics › Re: I Am Awaiting FG’s Approval To Dislodge Criminals From SW Forests - Igboho by lawani(m): 10:36am On Jun 01 |
If he has a registered security company and he says he can do it for a fee then he should be given the contract just like Tompolo and co that guard pipelines. We also have the civilian JTF doing something similar. He is actually risking his life. He should be supported if he is volunteering but he should be paid |
Agriculture › Cattle Ranching- The Inexpensive Solution To Banditry by lawani(op): 10:30am On Jun 01*. Modified: 4:40pm On Jun 01 |
Cattle ranching - The inexpensive solution to banditry
The primary excuse that the Fulani have to stay in forests all over the country is that they are tending to their cows. Instead of ranching these cows in the modern way as done in other countries, they drive them around even urban areas leading to problems with farmers and urban residents
I have never done cattle ranching but from the capital apoarently required, if you have one hundred cattle heads ranched somewhere where you feed and water them and what they eat is grass, you are going to be making over twenty million naira per annum after all expenses including workers' salaries, feed supplements and veterinary expenses
Such a business can seek funding and expand once the founder had gotten the hang of how to run it. It can list on the stock exchange too and pay dividends to shareholders and it can certainly hire expertise from Brazil which is the country with the highest number of cattle heads per Capita with no known recurrent issue of farmer herder clashes. Brazil has more cattle than people
Therefore any government tier from federal to local that does not have at least one ranch is not doing enough to solve the problem of banditry in the country which is currently the biggest problem in the country. Any individual with means that is not doing anything is not patriotic enough because it is an opportunity to make money while being a patriot. If you are sponsoring people to Hajj and you have not requested anyone say a university department to prepare a business plan on cattle ranching for you, then you have wrong priorities etc. Brazil is making almost twenty billion dollars per annum in forex from cattle. If I had the means, I would join the sector, make the venture profitable and seek investors but I can't do it now as I have no means and also because those after me over my activities will spare no effort in pulling it down as they did my other businesses.
If what you can do is 50 heads or 20 or 10 kindly do sonething |
Politics › Re: Multiple Southern Candidates Will Spell Doom For Tinubu by lawani(m): 11:10pm On May 31 |
Whynotthetruth: They're NOT barbarians... fact
But if you dared campaign for APC yesterday? Oga, quit the bragging, the answer is known to You already if actually you are in Ozubulu.... What offense in actual fact did the Tinubu commit such that nobody must campaign for him in the East? Kanu just like Adeyinka Grandson or Simon Ekpa was headed to prison already and Kanu moreso. He would have been jailed in Britain eventually Is winning an election an offense? Being a Yoruba is an offense? You don't need to vote for him of course, vote who you want but taking things to the extreme is not appropriate too. If you didn't complain when Jonathan was giving five percent of appointments to Yoruba people you shouldn't complain if the SW is getting 30 percent of appointments while paying forty percent of the taxes because that would be hypocritical |
Politics › Re: The Yorubas Are About To Share Same Fate With The Igbos by lawani(m): 10:54pm On May 31 |
The west and the Midwest were working for Biafra until Biafra attempted to annex them. They refused their land to be used to attack Biafra before then and the Biafran head of state was aware of the fact
You are wrong to say those who didn't fight before they were attacked were the aggressors.
The civil war was originally only between the East and the North but you don't seem to know that. The Yoruba care less whether or not you have Biafra but if there is an attempt to annex their land, they will be obliged to resist as anyone would expect
Kanu could not have escaped being arrested in the long run just like Simon Ekpa was arrested even Adeyinka Grandson was arrested and etc
Your analogy is not correct |
Politics › Re: Igbos Do Not Need Nigeria by lawani(op): 5:59pm On May 31 |
Dogalmighty17: The author of this post is the most myopic and small minded person to ever put thoughts to paper. Igbo don't need Nigeria? I laugh.
You are aware that all 5 red earth hamlets you call Igbo states when combined are still smaller than Benue state right? I have come to the realisation that the Igbo assume themselves to be better and above other ethnic groups in Nigeria and they try to lord it over other tribes. This was one of the triggers of the civil war. The Igbo dominated civil service across all the states. The Igbo were the majority of civil servants in Kano as at then. Nigeria opened up to them but same cannot be said of them opening up to others.
The economic life in Nigeria benefits the Igbo mostly and this is because other ethnic groups allow them to freely settle and operate. Where then is the angst coming from?
Politics is a game of numbers and association across board. Somehow, Peter Obi realises that and tries to reach across as much as he can. And Nigerians have embraced him massively. Plateau state alone gave Peter Obi more votes than any Igbo state! So where is the angst coming from?
The Igbo needs Nigeria more than Nigeria needs them. No one should be blinded to this. There are more people living in Lagos state by far then people in the SE and sixty percent of Lagos is still empty. Since Lagos has a high population density would you say they need Nigeria more than Nigeria needs them? If yes then you are wrong. What they need for prosperity is good management. In the 19th century Igbos lived only in their land so it is not as if the land is too small for them. They are in other places and other people are in their place. The same applies to the Yoruba, the Hausa and all other groups. Water is life and there is no part of Africa that is more watered than the SE and that is why they have a somewhat high population density compared to places with less water resources. Don't compare Benue or any Northern State with the SE because they are far less watered and can not support the same population that the SE can support. If a land can feed itself then half of it's problem is solved and even if it can not, it isn't the end of the world as it can trade with others. However the SE can feed itself if it wants to but currently no part of Nigeria produces all its own food. |
Politics › Re: Igbos Do Not Need Nigeria by lawani(op): 12:45pm On May 31 |
FSBoperator: Which oil?
Go and locate the last oil production figures per state and see that Ondo state produces more oil than the entire SE combined.
You have no leverage in this Nigeria. Oil and gas. If they own all they have, what they will earn will be more than what they collect now. Even it is true for oil alone because there will be no 36 states to share 77 percent with but oil should not be what any group should base their calculations on. Oil and gas was not put there by anybody and I believe it should belong to humanity. Organize yourselves, whatever you produce in excess is your forex including remittances from abroad and there is no way any group especially Igbos will not be better off than they are in Nigeria |
Business › What Will Be The Major Changes If Pension Funds And Sovereign Wealth Funds Go Vi by lawani(op): 12:21pm On May 31 |
What will be the major changes if pension funds and sovereign wealth funds go viral?
If pension funds, sovereign wealth funds and hedge funds in general go viral, the result will be something that is more or less the case already in a place like the USA. It will become traditional for the founders of successful companies to sell the controlling stakes of such companies to investors because there will be a lot of investible funds flying about.
It is doubtful if companies like Globacom, Dangote Group, BUA group in Nigeria can exist in the USA where a single individual is controlling the majority stake of a company having as customer base up to half or more of the population of the entire country. There are big private companies in the USA but nothing on the scale of what is obtainable in Nigeria. A public company that is owned ninety percent or that is majority owned by one individual is also actually merely a private company that publishes it's books. Even a public company owned majorly by an institutional investor is somewhat still in that category. There are no such companies in the USA that I know of.
I hear there are hedge funds in the USA that are able to make twenty percent returns on investment a year consistently but that it is not common. Such hedge funds are very valuable resources for any economy. They are auto managers and are doing more work than they are given credit for. The more such hedge funds in an economy, the more efficient the economy
If there is a proliferation of such hedge funds in all it's forms including sovereign wealth funds, pension managers and private companies then entrepreneurs seeking funding will get investments in form of equity more than in form of loans and people that get loans will be put under pressure to convert the loans to equity as soon as the business is afloat and making profit.
There will hardly be any individual doing business as a private company who will be able to employ up to one hundred people. Most companies will operate with the same efficiency of a publicly listed company because of the assorted stakeholder ship that will be traditional or common.
The corporate model of doing business as invented in England was meant to fully separate workers from investors with the investors pushing the workers to make profit while the managers constantly report to the shareholders or investors. Any profit seeking corporation not structured like that has actually gone astray from the original vision. A two director company with two share holders is really not like that.
The only time an entrepreneur will use a loan will be when they have the means to collateralize the loan and they also can not via a well articulated business plan convince anyone else to invest.
There will be no loose money or there will be very minimal loose money for loans as most resources will be chasing equity and loans whenever offered maybe at a high interest |
Politics › Re: Igbos Do Not Need Nigeria by lawani(op): 11:13am On May 31 |
FSBoperator: They don't need Nigeria you say?
Let's start with FAAC allocations and VAT earnings to be specific. With that alone you can see SE is the welfare queen of Nigeria .
How about food ?
Last time Ojukwu dragged you into a war, you starved yourselves within just 7months following the liberation of the present SS.
How about Ibos being the ones maximizing to the fullest the Nigerian franchise by being the most dispersed people within Nigeria. This internal diaspora accounts for a very huge share of SE economy .
Let's also look into the Ibo retail business that depends largely on FX sourced from SS oil and a huge market that is Nigeria.
If Ibos leave Nigeria, it's their loss and not ours. The allocations is skewed in their favor but if they take their oil, they will still have even more than what they have now. However Nigeria run by taxes as it is now will by next year revolt against the 1999 constitution naturally as it will be clear that Igbos benefit far more than others On food they produce, they import and they export just like other parts of Nigeria. The land can produce more value from agriculture than it consumes as it has cassava, palm oil and many other things in excess for export. What they take from the rest of Nigeria is mainly beans, onions, pepper etc and they pay for it with what they export including food Igbos are not the most dispersed in Nigeria. If people are killed in Jos tomorrow there will be Yoruba among them as it has been like that for years now. Even when no Igbo among the casualties there will still be Yoruba. I am willing to bet that there is no Northern city where Igbo outnumber the Yoruba. Igbo dispersed in Nigeria will be less than 4 million people and Yoruba and Hausa dispersed in Nigeria will individually surpass that number This year over 150 billion dollars will flow into Nigeria and maybe 30 billion dollars is oil, so nobody is depending on forex earned by oil money. Not even the FG any longer |