₦airaland Forum

I will eventually create a service/product that will solve this problem soon

Dotherightthing:
I strongly believe the president may be staying away from the country to avoid attending Nigeria's 66th independence anniversary event.

If you observe, since the planned coup was foiled, the president has avoided attending any event where there will be a military parade and he will have to perform some functions publicly.

It may be very RISKY for him.

He cannot be in Nigeria and he won't attend a huge event such as the independence parade.

The president is okay.

Assuming you’re correct; it’s not compulsory he attends but I’ll admit it’s sort of necessary that’s he’s within the country.

Personally, I’ll suggest he delegates such ceremonial roles Nigerias collective stability is more important that any annual celebration whatsoever and right at the heart of that stability is PBAT.

mikeapollo:
Most times, it is actually the opposite.
Capitalism usually turns necessities into luxury e g. paying exorbitant sums as school fees for education which is a neccessity.
Whereas, socialism tries to make sure that everybody has access to education (a necessity) by eliminating or reducing the huge school fees (which would make it a luxury) so that everybody can afford it.

Same for housing, etc

Seems you have the logic upside down-- you are more likely to experience scarcity under socialism than capitalism, which is constantly seeking to eliminate all sorts of friction and ensure adequate supply in order to acquire market share & penetration. That competition often gives the masses more competitive pricing, better availability and improving quality. Plus, human greed is a more reliable factor for driving an economy than morality or ideals driving socialism.

megawealth01:
As seen on the internet

I was mocked… I was called all kinds of names… but it’s all playing out LIKE I PREDICTED…

I told you America was not coming to save you but to take your minerals…

Your $700 Billion Mineral vault has been signed off to America…

I think most people don’t understand that there isn’t an immediate $700B anywhere. It’s a projected valuation of Nigeria’s mineral resources after extraction — essentially a guesstimate based on assumptions about what can eventually be extracted and its potential value. But as usual, the government, the media, and the people all love HUGE numbers. 😂😂😂

sulaak:
It would have been better if the gas field was sold to an indigenous gas & oil company or an international oil company that has the capital and expertise to develop the field in the interest of Nigerians

AMNI is indigenous, while TotalEnergies is an international company with the expertise and capital to execute at scale. So, what’s the next excuse?

RichBoy247:
Listen to these drug addicts who have been rigging elections in their cursed country

Despite all the rigging, the most popular candidate always WINS especially in presidential elections. Even with worse of elections in 2003-2007 the most popular candidate WINS across the country.

sulaak:
AMNI Interhantion owns the gas. AMNI has owned the gas field for 50 years and has now rented it to TotalEnergies for development. What does AMNI offer beyond rent?

This is how a rent economy operates, according to an ex-government official. Politicians and generals have stolen the nation's resources

Assuming you’re right, is it better for the field to remain idle, generating zilch in jobs or revenue?

shox:
everybody in this world knows why teanubu no attend unga. Don’t train ur kids with this brain if you don’t want them to be at the foot of societal ladder

If the reason you lot are touting that he avoided UNGA is because he’s scared of being arrested, then you’re actually jokes.

This isn’t the first time he’s stepped onto US soil, either before or after 2023 — he was there as recently as August 2025.

So I wonder, what exactly has been stopping the US government from doing the “needful” all this time?

Any guesses?

Dreal1247:
The only problem with Mr Peter Obi is that he chooses to play politics of manipulation and deception as done by average Nigerian politician. The traditional politicians have seen him as a big threat as they know that he is for the betterment of the masses while an average politician is selfish and self centered. Nigeriasns, EARLIER YOU UNDERSTAND THAT THEY ARE ATTACKING MR PETER OBI BECAUSE HE IS FOR YOU PEOPLE AND FIGHT FOR HIM, BETTER FOR YOU.
Subsidy is no more, the prices of petroleum products are still very high. Yet our Federal Government is still borrowing while increasingly taxing the masses. Take your decision and FIGHT FOR YOURSELVES AND YOUR UNBORN CHILDREN.

The main issue here is the lack of accountability and the tendency to constantly speak in absolutes. Many of the things he is being touted as “brilliant” for are actually fairly ordinary things that other governors have done.

I mean, what exactly is so difficult about handing mission schools back to their original owners? BAT did the same thing in Lagos, and nobody made a big deal out of it because it was simply the rational thing to do.

I honestly do not understand why these governors are so fixated on constructing airports when there is barely any air traffic to justify them in the first place.

saintkel:
the Igbos voted Obj, Yaradua and Goodluck ....then d Igbos didn't vote for Buhari and Tinubu....u can drop d maths of how those mentioned affected d development in nigeria

Northerners also voted for Obasanjo and Yar’Adua. I think it would be better to suggest local or regional leaders whose reputations support the claim that your region makes better electoral decisions.

1vandragon:
The real indices are the ones that directly affect the common man...

Poverty has risen to over 60%...

In 2014, the gdp per capita was $4000+.
Today, it is $1600...

It seems you’re overlooking the fact that many states struggled to pay salaries when GDP per capita was around $3,000, compared with today when it is closer to $1,200, yet states are still able to pay salaries and even fund some projects. Or would you rather we go back to the days when workers were owed months of salary arrears?

emmanuelewumi:
I think Nigerian traders are beginning to reap the fruit of the seed they have been sowing.


We have created an ecosystem where cheap products are demanded, cheap products are supplied, products are marked up heavily, counterfeits circulate freely, and everybody points fingers when the consequences arrive.

Bethel Onyema.

I think as the macro environment continues to improve, everyone should expect stiffer competition—traders, manufacturers, farmers, and other businesses—from both locals and non-Nigerians. The more stable the FX environment becomes, the more attractive Nigeria will be, especially given the size of its population and market. There is more than enough capital globally looking for opportunities to earn attractive returns, particularly in markets where investors can also have confidence that they can easily repatriate their capital.

saintkel:
So that in itself is now an achievement?....I'll keep saying it; till d north start thinking like real human beings, Nigeria may never develop in d next 30 years

Even if we agree that their reason for voting is rather mundane, can you show us concrete evidence of good governance in your region resulting from your region’s supposedly better voting decisions?

Stephen0mozzy:
Interestingly, it's not just Gov Soludo in Anambra, you can see it in the body language of the other political big wigs across the region. Now I see your point about the need to draw favour in the eyes of the ruling party at federal level, to smoothing things like allocations, projects, and overlooking of some misdemeanors - but how long will the future potential of a region be mortgage on the altar of earning favours.

Sadly for the region, what they're doing now is building a mental image in the eyes of everyday Nigerians - it'll be hard to trust that there can be anyone truly competent to lead this country ever, from that region.

They're laughing now at the table of "politicking", feeding this monster they're making.

Every region does it; Lagos & SW are enjoying federal projects & presence at a scale like never before because they played the right politics including refusing to criticize buhari many ineptitudes, playing the long game, political investments etc.

[quote author=AMINDA post=140668722]Results from where and where? This is Okpebolo's Edo. They have resorted to forcing drivers to wear Tinubu's slave chain insignia cap. Tinubu is not on ground, even in the South. Begging for endorsements from governors won't save him.

WATCH: Edo LG Chairman Orders Motor Park Drivers To Wear Tinubu/APC Caps, Threatens To Ban Defaulters From Accessing Parks

More on SaharaTV: https://t.co/AjHlKzANHR pic.twitter.com/JJeiy4BL0C

— Sahara Reporters (@SaharaReporters) September 17, 2026

me know if you would like to take a bet against APC winning Edo state.

givedemwotowoto:
So you're still banking on rigged election results in 2027? Wake up!

You should know that rigging cannot win presidential elections—it’s quite impossible because you need spread plus you can only rig where and when you’re popular. So get to work —you and your mushroom SPV parties😊

Guess what I think PBAT will get over 25% in Imo & Enugu and maybe 15% in Abia, Anambra & Ebonyi.

AMINDA:
APC is gradually becoming a laughing stock in the North. Across the states, it's either underage children running their campaigns or obviously sponsored adults in matching uniforms and caps. E get why.

Don't complain when you see elections results---out of sight is out of mind!

Tbh beyond politics I think its not fair but then I also think there is a bigger fish to fry for soludo which is to ensure that APC gets a decent outing in anambra in 2027 elections. This is quite important not just for his own personal ambition but for the entire south east geo-region's interests especially with APC at the federal.

Streetinvestor2:
Baba needs the masses on his side because he is seeing this government not returning
He knows obi may not return subsidy but will demand right pricing for his products
Atiku go reverse subsidy and ask for right pricing too.
So when he begins to shout. He needs others to join his voice. That is why 10 million shareholders of poor Nigerian are needed

What do you mean by right pricing in a deregulated market?

Edoreborn:
mumu,,, everything that is generating revenue for govt is built from niger delta oil... Without oil,, everything go crumble because we are not a producing nation...

So you are saying Nigeria will have zilch income if oil were to dry up today?

nairalanda1:
Not exactly



The band paying cost reflective tarrif is Band A. The others are not paying cost reflective tarrifs, and while higher than other parts of the country, it isn't cost reflective.

Check https://abapower.com/tarrif-plan

But how can you substantiate an allegation that was never proven?

nairalanda1:
The power supply issue is not the fault of the state government or geometric power.

The power supply issue is the fault of a decades long government policy of underpricing power, and subsidsing power.

Prof Kingsley Moghalu warned about this in 2020



Only a minority of people in Aba pay what can be called a cost reflective tarrif under Band A, most of the rest do not pay a cost reflective tarrif. To make matters worse, geometric power does not get subsides from government, not that it would help.

The result is a sector that is operating at a loss, on a continous basis, and it gets no subsidy to cover that loss. It cannot pay the bills of the gas supplier adequately, and pay staff salaries, and the result is issues in power supply, because the gas company cannot make enough money to cover it's operational costs, and other costs.

Whatever anyone thinks of me, you cannot be forcing companies to operate at a loss and expect premium service. Anytime government sets prices for any product in Nigeria, the result is that domestic industries producing that product collapse.

Government used to supply sugar under ESSENCO, and the result was that by the end of the 1980's we had no strong enough domestic sugar company in nigeria. For a long time most of the sugar consumed in the nation was imported. Now we have a decent sugar industry.

As painful as it is to accept, until government and NIgerians stop lying to themselves, and accept that we got to pay a cost reflective tarrif for power so that power companies can have enough money to quicky pay for maintenance and operational costs, we are going to face this problem for ever and ever.

Ghana and Ivory coast charge cost reflective tarrifs, why can't we?

I am not sure about this your postion because I understand their license allows geometric to charge cost reflective rates and I think the rates were higher than the average NERC approved Band A rates.

Streetinvestor2:
This is beginning to sound like apc going out to campaign...lol
How is the prosperity going to touch them...lol
The biggest way the prosperity would have touched larger population is if you sell refined products to them at little profit margin. Not this small OS you want to give them that will add little or no value to those who will buy that 10-20 units maximum and can not operate a stock account. Like I have 500 units I bought in my yrs of humble beginning in wema.I have never received dividend and because of the quantity, no follow up.I feel it is waste of my time contacting the registrar for conversion into secondary market too.

I couldn’t agree more: calling it a “People’s IPO” is pure hype. The same shares were sold at a lower price to elite investors, which is understandable given the larger volumes they purchased. For ordinary people, the real gain lies in ensuring a steady, reliable supply and fostering competition—both of which should push prices down for the masses.

Valthegreat:
MTN dividend safety landed this morning. At least this one will go a long way towards consoling us for the reddish market.

Interesting consolation

Sheuns:
I was actually invested in the interview but the Lere guy came with talks of he wants to be asked questions by Ayo and Dr. Abati only.

Ayo had to let him know that won’t be possible.

I think he should have ignored that stupid question because whats his business with APC campaign council---his principal is still a member of PDP.

Okjay:
What is the per unit price so I can put the money together

I have read $0.4 or N525; it should be within that range---please save up and buy when its out because if rich takes it all up then how will the benefit trickle down to the masses. God bless us all.

Gbogboski:
Most people that invested in the NSE are regretting their decision

Not since tinubu came into power --- open up your mind and learn and earn

Greenodds:
Lmao opportunity indeed. This will end in tears. Smart people already know how to play this.

No wonder you guys keep complaining meanwhile people are steady cashing out.

check the stock market thread in the investment section---it should be one of the longest running threads on NL

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/8706

EnergyEnergy:
How and where do I buy the shares, I have like 150k

When the IPO is out it will be everywhere including POS agents.