Lionshare's Posts

Nairaland Forum › Lionshare's Profile › Lionshare's Posts

1 2 3 4 5 6 7 8 9 10 11 12 (of 84 pages)

Business › Re: Petrol Import Landing Cost Drops To ₦983.92/Litre, Below Dangote’s ₦1,125 by lionshare: 6:07am On Jun 29

nairalanda1:
Thank you for the question...and it led me down the internet

As at 2024, he had paid off half of the government loans., which were 5.5 billion dollars, out of 19billion.(sauce)

It's possible he has paid more of it since then.

You’re confusing loan repayments with equity contributions—what was paid down was lenders’ loan, not Nigeria/NNPC’s equity injections.

Business › Re: Petrol Import Landing Cost Drops To ₦983.92/Litre, Below Dangote’s ₦1,125 by lionshare: 5:33am On Jun 29

nairalanda1:
Dangote got no loopholes from any government.

IN 2012, we had 60 refining licences, today we have about six working refineries, including Dangote. (BUA is building a refinery now, and two others are on the drawing board and planning stage).

Dangote got loans totalling 20 billion dollars, out of which less than 3 billion came from APC governments. Which have since been repaid.

If you guys had supported subsidy removal in 2012, we could have had more refineries by now.

Not sure it’s has been repaid pls do you have any source for that?

2 Likes

Politics › Re: Tinubu Secretly Visited Nnamdi Kanu In Prison – Charly Boy Drops Bombshell by lionshare: 5:55pm On Jun 28

AMINDA:
I wouldn't be surprised if Tinubu has sent emissaries to Kanu. Tinubu’s strategy is simple. Disenfranchise Obi from the race, release Nnamdi kanu and then drop Shettima in favour of a Northern Christian and then attempt to make 2027 a North vs South affair. He has sampled opinions online and believes the myth that the entire South will vote for him if Obi is not on the ballot but he may be miscalculating and underestimating the level of his unpopularity. Tinubu is even more unpopular across the South than he is in the North today and disenfranchising Obi will only make it worse.

invalid dream

7 Likes

Politics › Re: The Akara Economy: Why The Elite Often Misunderstand Grassroots Empowerment. by lionshare: 10:17am On Jun 28

A real-time validation is the rapid spread of loan apps offering small loans at exorbitant interest rates.

3 Likes

Politics › Re: INEC Set To Delist NDC Following Court Ruling by lionshare: 11:27am On Jun 27

franchasofficia:
All these are confirmation to all Nigerians that Mr Peter Obi won 2023 Presidential election.

God and nature will definitely reward Buhari, Nyesome Wike and INEC Mahmood Yakubu for the inhumane robbery of Peter Obi's mandate.

Their generation will never escape God's judgment here and thereafter!

Cant you people think for once? Why do you think Alex otti refused to leave LP to join them in these new NDC charade.

2 Likes 1 Share

Politics › Re: Who Took NDC To Court For Deregistration? by lionshare: 8:36am On Jun 27

helinues:
Even though I am not in support of the deregistration of NDC, it's insensitive of Peter Obi to be blaming FG about this.

Why didn't Obi do his findings well before joining ADC? A presidential candidate that's so disorganized to the extent of not knowing what's good for him

Wondering why the opposition have been blaming the FG for their own self inflicted chaos

I share your concern, but if they win, this banana-peel issue could be used to eject them and plunge the country into chaos. I hope they stay on the ballot. And the idea that APC is scared of NDC is absurd.

15 Likes 1 Share

Sports › Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by lionshare: 9:14am On Jun 25

SixSeven:
Zero prize money

If there was no prize money in 2010, you're comparing positive amounts to zero, so inflation and devaluation don't change that basic mismatch.

Sports › Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by lionshare: 4:55pm On Jun 24

SixSeven:
The real value of an isolated N1 billion over a 16-year window has shrunk by 89.98%. A payout of N1 billion today gives a team or an individual the equivalent wealth of just about N100,218,577.54 relative to the 2010 economy.

2010: 1bn today was N95.12m. Inflation rate was 13.72%

2011: 1bn today was N105.41m. Inflation rate was 10.83%

2012: 1bn today was N118.29m. Inflation rate was 12.22%

2013: 1bn today was N128.35m. Inflation rate was 8.50%

2014: 1bn today was N138.68m. Inflation rate was 8.05%

2015: 1bn today was N151.17m. Inflation rate was 9.01%

2016: 1bn today was N174.88m. Inflation rate was 15.68%

2017: 1bn today was N203.77m. Inflation rate was 16.52%

2018: 1bn today was N228.41m. Inflation rate was 12.09%

2019: 1bn today was N254.45m. Inflation rate was 11.40%

2020: 1bn today was N288.16m. Inflation rate was 13.25%

2021: 1bn today was N337.01m. Inflation rate was 16.95%

2022: 1bn today was N400.26m. Inflation rate was 18.77%

2023: 1bn today was N498.49m. Inflation rate was 24.54%

2024: 1bn today was N655.22m. Inflation rate was 31.44%

2025: 1bn today was N825.57m. Inflation rate was 26.00%

Interesting but how much was the league prize in 2010 ?

3 Likes

Science/Technology › Re: Why Are There Less Domestic Gas Explosions Than Before by lionshare: 5:44pm On Jun 23

ClassicEvilSpir:
I think it is because people can't really afford to fill their gas cylinder to the brim anymore.

Not surprised that’s your perspective as classic evil spirit 😊

2 Likes

Politics › Re: 2027: Group Writes INEC, Reopens Tinubu’s Chicago Varsity Certificate Saga by lionshare: 3:53pm On Jun 22

Apcshit:
So Tinubu is your principal
Thunder fire you

Ask yourself how does this your post benefit you or your principal interest in the presidency?

Politics › Re: 2027: Group Writes INEC, Reopens Tinubu’s Chicago Varsity Certificate Saga by lionshare: 3:49pm On Jun 22

Truvelisback:
We don't have court in Nigeria, we have cult. As for INEC chairman, he works for Mr. President. So, it's just a waste of time.

Meanwhile, it comes from that same “non-existent” court that appears to serve Mr. President — the very court that gave your principal the chance to run on the NDC presidential ticket. If they were truly in BAT’s pocket, that ruling would be an anomaly — unless it’s another trap.

1 Like

Politics › Re: 2027: Group Writes INEC, Reopens Tinubu’s Chicago Varsity Certificate Saga by lionshare: 5:29am On Jun 22

Bluntguy:
Omo no show o, INEC will just jump am pass. So no just go waste your money dey buy that water.

INEC does not need to reply; if they’ve a good case then they should approach the courts.

PSA: I hope obidients can learn from this thread—if anyone criticizes your principal there’s no need insulting or abusing the person you’ll only be ostracizing undecided voters. Use your head.

33 Likes 4 Shares

Politics › Re: If Power Companies Are Truly Running At Loss, Why Retain Them? by lionshare: 7:18pm On Jun 21

Ttalk:
There no problem in power sector, what we have is sabotage, rips off and lack of sincerity on the players

Really? So why is the same not present in the telco sector?

Politics › Re: If Power Companies Are Truly Running At Loss, Why Retain Them? by lionshare: 6:59pm On Jun 21

Ttalk:
Thank you for this intelligent question. The distribution companies are a conduit pipe that milk government and the people.

This is where civil society and activist need to beam their searchlight

Discos are extortion companies and not a power distribution company

This is not an advocacy issue but market economics. @OP as long as government is maintaining subsidies and also continues to be active player in the sector no power sector player will have the incentives to raise capital to fix the problems. There’s no certainty of recouping any investments made in to the system with the current setup.

Politics › Re: Why Power Supply May Never Improve In Nigeria. by lionshare: 5:29pm On Jun 21

LordReed:
Good idea but you know what it will mean? It will have to upend the current manner the sector is currently run which is my point. We need strategic systematic overhauls midwifed by strong-willed groups of leaders.

I believe the president has the courage to do what’s necessary. The national grid no longer poses the security risk it once did; telcos and digital infrastructure matter more to our economy. So remove subsidies and fully deregulate power to attract private investment and expand service for those who can pay. Meanwhile, the government should provide targeted relief — for example, partnering with China to distribute solar panels and batteries to rural constituencies through National Assembly members. Investors will prioritize paying customers; govt support can fill the gap.

Foreign Affairs › Re: UK Prime Minister, Keir Starmer To Announce Resignation On Monday by lionshare: 4:50pm On Jun 21

manitobor:
What kinda system of government is this with no fixed number of years for the tenure of the head of government?

Prime minister coming and going at any time. Some 2 months, others weeks, just a few stay for years like Tony Blair, Margaret Thatcher, John Major and a few others.

Save for the crown the implications of this constant political instability would have had more far reaching economic implications but it’s only a matter of time.

2 Likes

Politics › Re: Why Power Supply May Never Improve In Nigeria. by lionshare: 3:22pm On Jun 21

[quote author=LordReed post=139787950]In my view, the government doesn’t need to spend or borrow to finance the power sector. It should let operators set cost-reflective tariffs within a capped framework—similar to how telecoms are regulated—and transfer its equity stakes across the value chain into an SPV. The government can then list shares in that SPV on the stock market while retaining a meaningful ownership position. New capital would therefore be raised privately, not from public coffers, and would be accountable to investors to deliver returns. That private investment can fund the infrastructure needed for reliable electricity. To make this work and lower the cost of capital, we must keep fighting inflation.

Politics › Re: Why Power Supply May Never Improve In Nigeria. by lionshare: 3:18pm On Jun 21

LordReed:
Bro let's not sugar coat anything, there are powerful cabals invested in keeping things a certain way in this country because they are profiting heavily from the status quo. It's not a conspiracy theory, it's the reality. And it will take a strong-willed set of leaders to break this mind set or else no matter what plans are laid they'll never amount to anything.

What you don’t realize that the same cabals will shift base once the market is allowed to charge a fully-cost-reflective tariff that guarantees profit for them.

Politics › Re: The APC Situation Room For Today Ekiti State Election Is Fully Activated by lionshare: 12:04pm On Jun 20

blamingthedevil:
The Ekiti governorship election is a major test of the strength, structure, and electoral capacity of opposition parties such as the ADC and others. Elections are won through grassroots organization, voter mobilization, strategic planning, and strong political structures—not merely through social media enthusiasm.

If the APC secures victory in Ekiti today, it will send a strong signal about the current political realities on the ground and the challenges facing the opposition ahead of 2027. Ekiti remains an important political battleground, and the outcome will be closely watched across the country. The election is taking place today, June 20, 2026, as scheduled by INEC.

Once again, many political observers believe the opposition still faces significant hurdles in building a nationwide coalition capable of challenging the ruling party. Based on the current political landscape, supporters of President Bola Ahmed Tinubu remain confident that he will be a strong contender in the 2027 presidential election.

As always, the final decision will rest with Nigerian voters at the ballot box

Battleground? How?

1 Like

Politics › Re: Hon Ben Nwankwo Asks If THE South East Is Really Influential? by lionshare: 4:59pm On Jun 15

CoolAmbience:
It's hard because it is a defeatist and baseless point of view.

Why would any right thinking person look at the cumulative votes of people from a particular region and describe it as 'insignificant'?

Do those votes not form part of the votes of either the winner or losers of the election?

Una reasoning sha!

In case you don't know, I know Ben Nwankwo very well. He could be susceptible to such petty reasoning. It's such a shame!

Did the winners of the last three election cycles you talked about win in all the regions of the country?

Make una stop such silly reasoning abeg.

Silly reasoning? Yet your people are often the first to lament marginalization and lack of infrastructure. Asking for a seat at the table is your right, and it should in no way be seen as silly. Play your politics right—split your votes if you must.

No Nigerian is more or less Nigerian than the other, but what grants access is participation. I mean, why would anyone put your interests ahead of theirs if you're not willing to actively pursue and protect them yourself?

1 Like 1 Share

Politics › Re: Hon Ben Nwankwo Asks If THE South East Is Really Influential? by lionshare: 3:18pm On Jun 15

CoolAmbience:
It is the most unsmart thing for someone of his calibre to say.

Erstwhile Commissioner, and three term- former federal legislator and now Chief of Staff to Governor Soludo.

Is he saying that the votes from the Southeast aren't counted as part of the INEC figures during National Elections?

Oftentimes, I wonder how these men earn PhDs.

How does the fact that a region's cumulative smaller votes translate to its insignificance upon considering the overall election figures by the Electoral Commission.

What’s hard to understand about his point of view? If a country can run three election cycles without your input, your political influence is nearly gone — so how will you protect your region’s interests?

1 Like 1 Share

Politics › Re: Peter Obi Has No Reputation, Tinubu Will win hands Down In 2027- Oshiomhole by lionshare: 2:40am On Jun 15

jmoore:
In your own adulterated book. Una sabi author books with lies na.

Na you go tell rich man where to save his own personal money?

Babablu and bobo chicago.

That’s the problem with all this surface-level political thinking: for a developing economy, capital is like oxygen—it needs as much as possible. The flow rate, volume, and velocity of capital determine everything: from GDP to income to standard of living.
At the core, those African countries that seem better than Nigeria only have better access to capital. I’m not sure how to explain this more clearly, but maybe this article will shed some light on it.

https://medium.com/@drola/why-african-money-does-not-become-capital-884c10bf3a65

Politics › Re: Peter Obi Has No Reputation, Tinubu Will win hands Down In 2027- Oshiomhole by lionshare: 6:20pm On Jun 14

jmoore:
Tinubu forfeited thousands of dollars which were proceeds of drug trafficking. Oshiomole is talking about drug trafficking reputation.

Oshimole forced Monday Okpebhlo on Edo state, a governor that can't count 1,2,3.

We all know the plans of babablu to rig elections.

In my own book that’s lesser crime compared to stashing urgently needed capital of a poor country in tax havens. If it were to be in china we know the outcome—-IMHO the biggest problem of this country is capital and access to it. If we can solve that can scale we can wipe out a significant chunk of poverty in the populace.

4 Likes 1 Share

Politics › Re: This Is How Tinubu Should Have Handled Fuel Subsidy Removal For Better Nigeria by lionshare: 5:21pm On Jun 14

At the end of the day, everyone should stick to their area of expertise. Your recommendation may sound innovative—and perhaps even brilliant—to you, but it is not exactly new.

In fact, it is similar to what previous administrations did to manage the rising cost of fuel subsidies. If you recall, Jonathan increased fuel prices, just as Buhari later did. Essentially, both administrations raised prices and shifted part of the subsidy burden to consumers. This approach continued under PBAT, and subsidy payments did not completely stop until around the end of 2024.

You should also look at Argentina. They experimented with a similar approach to what you are proposing. However, Nigeria's macroeconomic fundamentals today are in a much better position than they were when these reforms began.

5 Likes 1 Share

Business › Re: FCMB Reports ₦202.1 Billion Profit Before Tax For 2025, ₦87.0 Billion In Q1 by lionshare: 11:43am On Jun 13

Estello:
Compare them to access, you will see drama

This is so funny! Access is prolly the cheapest stock on NGX because of this dividends wahala

Politics › Re: Iran War Has Caused Increase In Oil Prices In Nearly 150 Countries Including Nig by lionshare: 4:39pm On Jun 11

So what’s the point of local production if it’s leaving a bigger hole in people’s pockets? The government’s priority must be the well‑being of the citizens, so we should allow the importation of PMS since Dangote’s prices are now higher than in non‑oil‑producing or non‑refining countries — I’m sure those places aren’t getting white products from Mars.
FG and regulators, you’re perpetuating poverty if this rip‑off continues.

1 Like

Politics › Re: Peter Obi Ignored Early Warnings Over Alliance With Seriake Dickson by lionshare: 8:08am On Jun 11

1vandragon:
At this point, given that Dickson's interview, it might be safe to say PO will not be fully supported by the party.

Except the opposition comes together as a unified force, they should forget it.

From what I forsee, Atiku will get majority votes but fail to win 25% in the required number of states.

Obi will clear the SE as usual but come 3rd.

Bat will come second in terms of majority votes but get the required 25% in 2/3 states making him the eventual winner.

that’s a runoff! I’m certain the election will be decided at first ballot.

1 Like

Travel › Re: President Tinubu Commissions OSEX Main Carriageways In Abuja by lionshare: 1:32pm On Jun 10

Dogalmighty17:
Which one has he handled well? As president, mention ONE thing this government deserves a pass mark in...just one thing!

Fx rate stability & Nelfund?

Politics › Re: Peter Obi Copy-And-Paste Politician, Can’t Compete With Tinubu – Bayo Onanuga by lionshare: 1:24pm On Jun 10

occfx:
Why this people no dey look Atiku side?

Pay attention: PBAT and his team know that the main opposition is Atiku; everyone else is just a side attraction.

Politics › Re: Why Do Northerners Dislike Peter Obi So Much? by lionshare: 2:30pm On Jun 03

PulaPower:
Lol

They’ll soon start remembering saudauna, just wait for it..

Anybody that understand Nigeria would know that Obi can never become a president of this country..

The moment he was caught with that war tapes, it was the end of the road for him..

I do not believe anything is impossible. If he runs under the APC or PDP with the backing of the presidency—and key northern power brokers—it's very possible.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 2:25pm On Jun 03

yMcy56:
Is PiggyVest not like those ponzi schemes?

I joined Piggyvest circa 2016 and in my opinion they are miles are ahead of the others in that fintech savings space and quite safe too.

4 Likes

Politics › Re: Lee Kwang Yew??? Something I Just Discovered � ??? by lionshare: 2:16pm On Jun 03

KnowAll:
You are saying the truth. To disguise what we are practising as democracy is to make a mockery of our intelligence. Personally since people like Obi has not being found to wanting more than 10 years after his tenure as a Governor. I would be more than happy to give him 4 terms to reset this nation. Samething cannot be said of others.

For you information I am not an obedient. But I think BAT more or less has being the Governor behind the scenes of Lagos State for 19 years and there is really nothing to show.

If a man is a not a thief that kind of person can be trusted and should be encouraged to rule as long as Lee Kwan yew. After that we can start this 4 years business .

But I doubt if our Northern brothers will agree to such arrangement.

To be sincere I am not too happy of BAT’s perpetual rule. If a corper who has never being to Lagos b4 can say Lagos is smelling. It is an indictment on BAT.

So we need to smell the coffee and go for empiricality.

saying BAT ruled Lagos for 20 years and has nothing to show is an overkill—but I am interested: which other state has something significantly better than Lagos in Nigeria, or even in the entire West Africa?

1 2 3 4 5 6 7 8 9 10 11 12 (of 84 pages)