Lawani's Posts
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FSBoperator: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 |
Why the followers of Colonel Ojukwu should stop saying he released Chief Awolowo from jail. After one of such followers of Colonel Ojukwu went back and forth on social media making the same easily debunked claim, he then used another argument saying the revenge coup did not succeed in the East and it therefore means General Gowon's edict that released Chief Awolowo was not enforceable in the Eastern region Let us assume for the sake of argument that the Eastern region became independent immediately General Aguiyi Ironsi was assassinated by the Northerners that led the revenge coup. It will then mean that somebody in a federal prison serving a sentence for treasonable felony against Nigeria would automatically become a free person since Nigeria is no longer existing and under the assumption that the Eastern region was a civilized place led by civilized people back then, Chief Awolowo would be immediately released and if he chose to remain in the East, it would be of his own volition. Others like Colonel Victor Banjo and etc that were imprisoned by Nigeria were released and we did not hear from Colonel Ojukwu and his followers that Biafra did them a favor by releasing them. The initial coup plotters also were released. So why the focus on Chief Awolowo? If Nigeria dissolves today, Nnamdi Kanu being a man convicted of crime against Nigeria will immediately be released from Sokoto prison unless his charge was not treason and the Governor of Sokoto will not say he did him any favor. The release would be automatic. Therefore If children are making such claims of Colonel Ojukwu or Biafra releasing Chief Awo as a favor and not as something they were bound by common sense to do, elders should please not join them because it does not make sense and elders should not be found in circles like that. Then General Ironsi and Colonel Ojukwu had their chance to release Chief Awolowo who wrote a letter to them to beg for mercy which was ignored for months until General Ironsi was assassinated. General Gowon released Chief Awolowo on the second day he resumed work as head of state. So why in God's name should Colonel Ojukwu be credited for what General Gowon did? There is no sense in that. It is only the late General Ironsi and people like the late Colonel Ojukwu that can explain why they refused to release Chief Awolowo. Maybe it was the late Queen Elizabeth of England. Who knows? But it is wrong to claim credit for something you had the opportunity to do but refused to do when we all know the person that took the initiative and did that same thing immediately he got the chance. It is not honest Instead of telling tales that never happened and causing resentments and ill feelings that could have been avoided, it is better to dwell on things that actually happened like the fact that Chief Awolowo's wife Mrs HID Awolowo was placed on an income by the Eastern region government throughout the time her husband was in prison in the Eastern region. |
louqas:Ok. So the Igbos are not going to be facing anything that others will not be facing |
Someone advised that net worth should be pegged at one billion dollars I have seen two posts to that effect twice in the past few days. A while ago, I pointed out that no individual on Earth is worth a real one billion dollars and I used the hospitality sector in Nigeria as an illustration 500 million naira will build and equip a thirty room hotel in Nigeria and that hotel can employ twenty people from a chauffeur driven management to minimum wage workers. The money is around 350,000 dollars. If you have a hotel chain of one thousand hotels, it will require three hundred and fifty million dollars to construct and it will employ over twenty thousand people maybe thirty thousand. If you put in one billion dollars, you will have maybe 3500 hotels and a staff strength from management to the rank and file of liike one hundred thousand workers. The total number of hotels in the country should exceed ten thousand That is the true value of a real one billion dollars in the hospitality sector in Nigeria if you are not building in highbrow areas that can be found in only around three cities in the country. The only other costs would be interests incurred during waiting periods of construction which applies when you are using money you don't have One billion dollars can employ one hundred thousand people in Nigeria from top management to mid level, rank and file to minimum wage workers. Is there any individual on Earth that really has such wherewithal to personally employ one hundred thousand people gainfully? The answer is there is none A hotel chain with such a structure in a high income country will be valued almost as much as the most valuable companies in the USA which means it will be worth over a trillion dollars if it is a publicly listed company The above is just to illustrate the illusion that net worth is However the question is should net worth be capped? I will support that it should be mandated for all workers to also be investors first. Let us run the experiment and see if we all have money chasing money whether some people can still end up being worth hundreds of billions of dollars. If the average sixty year old in the USA for instance is worth up to three million dollars as a result of life long investment in pension funds, then there will be no need to put a ceiling on net worth. To some people increasing their net worth is a game and it actually should be a game for everyone and being free to play games is also a part of freedom However if there is a law that says you must give up any extra net worth you have over a billion dollars then there will still be a need to be crediting those the monies or capital is taken from with something. It must however be realized that stock market based wealth is not real wealth and if there were no stock market, the ultra wealthy too might just not exist in the same way they exist today. Real things don't double or triple in value overnight. Real or healthy growth do not happen that way. It takes time and that wavy nature of the value of stock is also an impediment on the execution of the dea of putting a cap on net worth. If something is one hundred dollars now and one thousand dollars in the next ten minutes, it means the rule that is being suggested can not work with that kind of property. It means that the continued existence of the stock market or the public trading of stock ought also to be debated |
Why zoning? Just use a Northerner. Awo used a southerner as VP and came a close second. If Zik did not contest he might have won |
Svoboda:Destiny need not be tied together is the point because we have experimented enough with that. Europe today is more or less a federation despite all the turmoil in their history. The whole world should be a federation and the relationship between Hausa and Yoruba don't need to be more special than the one between Yoruba and any other ethnic nationality on Earth or between Hausa and any other nationality on Earth. It was longer throat that led to the formation of Nigeria |
louqas:Explain how the Igbo are more business oriented than say the Hausa? Hausa have big businesses that employ all over the country. They own practically all the trade in forex. If you want to sell anything in any city in Nigeria, they will bring the money and buy it. Practically anything. They control the cattle trade, leather trade and several foodstuffs trade not to talk of the biggest companies on the stock exchange and etc but if they hang on to Nigeria, they are not likely to reach their full potential as a people |
Svoboda:There was no Lakurawa before Buhari. Only Boko Haram. Anyway it might not affect him but I will be surprised if it doesn't. If we all want peace and prosperity, disintegration will be what everyone will agree on |
Svoboda:.So the killings in Zamfara, Katsina, Kano, Sokoto etc by the Lakurawa bandits will not affect Atiku who is a Fulani like them? |
Reloadedisraelp:If Nigerians unite to vote against him, he will not be able to win reelection. This has been done before so it is not as if it is impossible. The last person that was removed also had the majority of governors at the time. If he wins reelection, it will be unserious of his opponents to accuse him of rigging |
LordBiden:Most Igbos that I know, that I have met are not traders. They are distributed among the occupations like any other people and in any state in Nigeria, 90 percent of the traders are local people. Igbos only specialize in a few tiny sectors and they are not the only ones in those sectors. Hausa and Yoruba too have sectors they specialize in. Then in the North outside Abuja, Igbo population will not surpass 700k. Population of southerners in the North can't exceed two percent of the total and Igbos can not exceed one third of that population. Do the Maths. In the SW, Igbos can not exceed 2 million if up to that and all groups are scattered around like that. Therefore if other groups can manage then Igbo too can manage. Also, they can change business if they want and invest in another thing. What is important is to prosper in whatever you are doing and have peace of mind |
Igbos do not need Nigeria Outside that Igbos are overly represented at the center, there is nothing I can see that they are gaining in Nigeria. So I don't agree with the idea that Igbos need Nigeria. Many Igbos say they have invested in Lagos but on a per Capita basis it is not more than what the Yoruba have invested in Port Harcourt and etc and there will be no abandoned properties if Nigeria breaks up. It is only that if you are not a citizen you will not be able to vote where you are. I don't see that as a significant development because Igbos have never been able to win one percent of electoral positions in Lagos even as they are able to vote. So nothing significant will change if they are no longer able to vote. What they need is to be able to do their business. The Yoruba and etc also will no longer be able to vote in Onitsha, Awka, Port Harcourt and etc if Nigeria breaks up but they will not stop doing business in those places. So I do not understand what some people mean when they say Igbos need Nigeria. No group needs the kind of country which Nigeria has become. |
Reloadedisraelp:I wonder why this question always. A politician will rig where he can. Tinubu was not able to rig Lagos or Osun so he lost those states. Observers say the LP rigged the SE so Obi won 90 percent. All observers agree the majority of electoral violence happened in the SE and the NW while other places were relatively rancour free. So even if it was a rigging game, you can't rig and expect others to look on but observers say the SE led in rigging but if LP is not declared the winner it means to you that Tinubu who was not able to rig Lagos and who the President tried his best to frustrate even in Lagos was the one that cheated everybody? How logical to you is such a position? Atiku and Obi didn't rig but Tinubu won by rigging? Don't forget that Jonathan was easily removed in this same Nigeria even as a sitting President |
If Atiku does not step down for Jonathan then no serious minded person will vote for him. Not even in Bayelsa state. He will be in the category of Sowore |
christistruth01:If they had the means, they would have controlled at least one port. Who wants others to dictate to them on who to trade with? Therefore it was not that easy back then. Arochukwu gained more by cooperating with everybody. The Ijaw were well armed, the Efik and etc too were well armed and the Igbo villages though numerous were not interested in joining together to fight anybody and they certainly did not see the Arochukwu as their capital. The Aro however prospered by controlling the flow of trade from the hinterland to the ports while the coastal people controlled the trade with the Europeans. The capital of the Aro had a population of over 50k people before colonisation |
OredoPikin:Ojude oba is an ijebu national holiday and celebration. They can't just cancel it like that. The Ijesa can not cancel iwude Ogun just like that. Osun festival can't be cancelled just like that. It will be no different at all from cancelling Christmas or Eid. Even if the abduction happened on their land, they will not because of that cancel Christmas |
Let people add value to the fight against insecurity by protesting for state police and zonal armies. Let soldiers and police go to their locality to serve there. Chief Awolowo demanded this and got it after he was released from Calabar prison. It was reversed only after the civil war. The government has failed in security mainly because Mallam Ribadu remains the NSA However if Tinubu with all the resources at his disposal and open support for state police can not solve the insecurity then Obi certainly will fail because he is yet to speak in support of state police without which the situation can not improve and with Atiku the bandits and terrorists will only become emboldened |
OredoPikin:Why didn't you say Eid should not be celebrated because of the same issue? Can you cancel Christmas because of something that happened? |
May the souls of the departed on both sides rest in peace. I have relatives that died in that conflict because two uncles told me they were part of it. |
WizardOfNG:P But what you are saying is not different from what I am saying it is just that you are probably a capitalist trying to oppose communism for properly defining what a minimum wage should be when even capitalists use the same definition without acknowledging it. I think you are in the UK? Can a minimum wage enable someone to save ninety percent of income in any part of the UK? It can be possible with a manager but not possible for minimum wage workers anywhere on Earth. Minimum wage enforced by government as you say is to make sure no one is being exploited |
While all this goes on everybody should remember that Lagos has 23 million people and the SE is not up to 19 million people because according to NIN they are around eighty percent of Lagos. Igbos have like 45 house of rep in the SE that is eighty percent of Lagos while Lagos has just 25 or so. And not only Igbos live in the SE just like other places. Before this thing can be fair then Lagos must have twenty five percent at least more seats than the SE which means almost sixty seats instead of 25. I am talking of only population now and not yet tax paid |
WizardOfNG:So in Ilesa.here where it is possible to live comfortably as a single person with less than hundred dollars a month, they should make 4000 dollars per month the minimum wage so that a bachelor who is sensible can save 3900 dollars every month? To do what with it? |
What is it about minimum wage? The thing about minimum wage is that it must be able to bear a high enough personal income tax because everybody must participate in nation building, it must be able to afford a comfortable lifestyle for a single person and maybe two people on minimum wage should be able to raise a kid if they live together and the minimum wage earner must also be able to save In fixing minimum wage, transportation costs is always an issue which is why many employers end up providing accommodation for minimum wage workers in Nigeria. Transportation costs in the case of a large city and cost of rent in highbrow cities are the reasons minimum wage can not be uniform across-the-board. If the government can solve the cost of living variance across cities it will be easier and it will only remain the issue of transportation costs which companies address sometimes by offering accomodations The higher the minimum wage, the better for the government since the government is taking personal income tax from it but this is not the case in countries that exempt minimum wage workers from tax or that do not enforce minimum wage on all employers. It does not make sense for a minimum wage to be so high in any country to the extent that some minimum wage workers can end up saving ninety percent or more of the wages per month. This will be the case in Nigeria if the AAC wins the Presidential elections and they implement a five hundred thousand naira per month minimum wage. Minimum wage should be as low as possible. What is important is for the worker to be able to save a reasonable percentage of it because if you have a too high minimum wage in your country, the economy will lose some competitive edge. If minimum wage in Nigeria is three hundred thousand naira per month, workers in Nigeria will be able to afford more but the average cost of production in the country will move up and manufacturing jobs will move abroad to countries with one hundred and fifty thousand naira minimum wage as a consequence as an example and without government subsidies even the local farmers may not be able to compete. Therefore for an economy to be competitive the minimum wage must not be too high and what the government should focus on are things like equalizing the cost of living across different cities as well as making public transportation as cheap as possible. The minimum wage only needs to be high enough for a single person to live well, pay tax and other deductions and still be able to save. Minimum wage is a starting point and people are supposed to work their way up from it. |
fastseo:There are people settled with 100k or less depending on what their Oga have. No Oga can settle anyone above his capacity and if no settlement at all, they will still survive then they will start growing their business. If you have only twenty naira and you work to double it every year, then you will have twenty million naira in the next twenty two years or so. When capital is small, you can triple it instead of double but when it is much bigger, you will be lucky to be able to increase it in one year by up to twenty percent. However it is not like that with the stock market. With real growth it is like that |
fastseo:By the time you have built trust for years, worked for years in a business and someone is giving you ten million naira in credit, check what you have invested and it will be worth well over ten million naira |
fastseo:Ok. It is possible but still difficult. Small capital can grow fast but as capital passes certain thresholds it becomes more difficult to grow. |
fastseo:The person was assisted with one million naira. That one million naira can not possibly be all the capital that he is working with. Someone that saved six million naira a year has capital not less than ten to fifteen million naira in his business. Probably more except he is a skilled person |
fastseo:When someone says 30 million naira annual income is survival mode for the average Nigerian in any city then you know they are not earning legit income. They are most probably yahoo people |
mrvitalis:How much do you pay the over 50 year old PhD and MBA holders that work in your establishment per annum? Because I believe you know they are family heads. |
Princedapace:It depends on how you measure poverty. If someone's annual income can build a family house, should they be regarded as poor? Or they are not rich until they can buy a Tesla car with one year's salary? It all depends on your mentality |
Princedapace:Which state are you from? Are you a Nigerian? In your state how many individuals have income of 30 million per annum? If your state is five million population there can not be 100k people probably much less earning that much as individuals. Not household income but individual income. No civil servant can earn that much from salaries and a business man earning that much has a business worth hundreds of millions of naira not goods taken on credit o and not criminals hiding under one business address or name In what country, tell me one country where it is normal to earn in one year what can build a well finished four bedroom apartment in that same country |
gidgiddy:Was the FG right to abolish resource control? They were not right Were the Eastern minorities right to ask for autonomy?. They were right. Was Nigeria right to support them? Yes Nigeria was right Was Biafra right to resist? Yes it was within their right So it was not just a white and black thing |
