₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,331,001 members, 8,448,195 topics. Date: Sunday, 19 July 2026 at 11:01 PM

Toggle theme

Lugado's Posts

Nairaland ForumLugado's ProfileLugado's Posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 (of 16 pages)

BusinessRe: 3 Major Shipping Lines Quit Nigeria As Freight Rates & Trade Volume Crashes by lugado: 6:30am On Feb 23, 2016
this is good news to me. They crashed our oil prices and they expect us to have money to buy their goods. yeye people
RomanceRe: Churchgirls Vs Clubgirls, How True? - Snapshot by lugado: 4:58pm On Feb 22, 2016
kilokeys:
Your premises are fallacious..

How about a true church girl with no deceit.

And how about a pretentious girl that clubs under peer influence but knows jack about anything?

I know a girl that clubs like madt.. With the worst jeans, two earrings on both ears, flashy make up, bad mouth spewing profanities and yet she it still a virgin...

Or was a virgin grin.

Never judge a book by its cover o
the fact that you are a virgin doesn't make you good girl. If you are a girl that drinks, smokes hemp and take drugs, you are worse than a prostitute.
don't know why we tie sex evil
PoliticsRe: PDP Gets Attacked On Twitter, Check This Out (photo) by lugado: 7:19pm On Feb 09, 2016
PDP should shut up there!The fact that we are wailing APC doesn't mean that they are better.
PoliticsRe: War Against Corruption Has Not Started Yet - Buhari by lugado: 12:50pm On Feb 06, 2016
Achuwa1:
Efcc is using its power to dig into transactions of some opposition party pdp members tht the presidency want punished with the help of banks & other agencies to get evidence against them...
Every meaningful Nigerian know tht apc stalwarts like Amaechi,fashola,Rochas,Aregbesola,oshiomole & co. all used state funds to prosecute campaigns for pmb thts y most apc states are broke at the moment even imo state tht collect 14% is also broke except for lagos tht is a commerce hub.
we the poor masses know tht all this aforementioned are all corrupt even Tinubu & we dont have the power to dig into their corrupt transaction if not we would have done so & also pmb wouldnt dare investigate them coz their fund put him in power.
so anybody saying if we have evidence we should bring it up is just fooling himself coz they are know the poor masses cant have access to such,
. So y is Apc even hiding lamorde away from the public scene,using the excuse tht lamorde went for meducal outside the country,,,is lamorde medical different from the one diezani went for tht we kept seeing diezani on the media everyday & we do not see or hear anythng about lamorde.
. We all know its only Lamorde tht can expose the present regime coz he has access to inciting illegal transaction & corrupt practices apc hierachy has in code..
Lamorde himself was corrupt & his colleagues in top hierachy of efcc also blew it to the media but he was smart enough to open up to apc abt knowing and having inciting documents against them tht if they try investigating them he will expose them .
. So a deal was struck between Lamorde & the presidency to allow him go on the excuse of medicals,,,,
. So anyone telling we the poor masses to bring up evidence know fully well we cant access such like efcc & icpc is a propagandaist & apc stalwart,,
time will telll & they all we be exposed,,shebi oshiomole is now quiet coz the presidency approved his loan for the state & he is now silent flexing,at same time sinking the future of the state into debt,,,
pls I don't understand. can you explain to me? is pmb probing funds used for election campaign or arms deals?
BusinessRe: What If The Government Give 1m Naira To Every Nigerian Citizen by lugado: 5:51am On Nov 30, 2015
don't mind him jare. its a good question. If government gives every one 1 million each the economy will crash cos government won't have enough money to run. Most of the money spent are always in loans and bonds. If government can't pay working force of less than a million with people earning 200k annually on the average adequately, imagine what will happen if it does that.
second problem will be inflation because there will be too much money in circulation. then you'll see your agege bread of 100 naira going for 1000 naira. then youll have more money chasing less goods. I hope that answers your question. If not look for a real life economics who will explain to you in a lame man's language
BusinessRe: Access Loan For Personal/buisness by lugado: 5:27am On Nov 30, 2015
I have a car as collateral for a loan of 500k. tayopatrick@yahoo.com
PoliticsRe: FG Plans N8tn Budget For 2016 by lugado: 2:30pm On Nov 06, 2015
Flets:
This government should be reminded that elections are over. Enough of these noises as reality have set in already.

Lets do some simple mathematics.
Nigeria's total crude production currently hovers at 2M barrel per day, but I will assume 2.5M barrel for sake of optimism
Crude oil sells at slightly above $40/ barrel but I will assume $45/ barrel
Most JV agreements with Oil corporations stands at an average of 60% for Nigerian govt.
Cost of production of oil for most companies stand at almost 50% but I will assume 30% (optimist case) and then 70% profit
Only about 52% of total earnings goes to the FG, the remaining goes to state allocations and host state derivation
Assuming an exchange rate 200 naira per dollar and 365 days a year

Federal Government can make approximately 1.8 trillion naira from crude sales for 2016 optimally. Details below
so 2.5Million x $45 x 60% x 70% x 52% x 200 x 365 = 1.8 Trillion Naira

Historically, crude has formed about 70% of our budgets.... following same logic, total budget can only be 2.6 trillion Naira (1.8Trillion/ 70%)

Even if we increase taxes, collapse all tax and duty exemptions and without any diversification efforts by the current government, we will be lucky to add another 1trillion the 2.6 trillion to make it a maximum of 3.6 trillion.

So realistically speaking, 8 trillion FG budget is impossible for 2016. Propagandically speaking, APC govt have said it and they believe their zombies will believe it.

In addition, APC FG has claimed that 2016 budget will be developed through zero budget based budgeting. Now without ministers who are supposed to draw up the budget components within their ministries ..... how exactly did Osibanjo come up with 8 trillion when zero based budget was the agreed method?
they are indirectly passing a message, naira is going to be devalued. don't be surprised if naira climbs to#300.
PoliticsRe: Zahra Buhari Stunned At Ace Charity Event In Abuja Over The Weekend by lugado: 3:04pm On Oct 19, 2015
this lady is taken the shine of her mother
PoliticsRe: Drama As Senators Screen Lai Mohammed (Video) by lugado: 9:31am On Oct 14, 2015
the war btw apc and pdp is only on the pages of newspapers. The moment this people meet in their hidden coven, they push all this national issues aside and celebrate with plates of fish pepper soup and bottles of beer grin
PoliticsRe: Buhari's Cabinet: Shocker Awaits APC Godfathers - Tribuneonline by lugado: 12:45pm On Sep 11, 2015
nairabet pls do you have a list we can place our bet
InvestmentRe: Companies That Offer Lowest Personal Loan Rate In Nigeria by lugado: 7:19pm On Aug 18, 2015
don't worry we'll view your blog
PoliticsRe: Security Agencies Watch-list Supreme Court Justices-the Nations by lugado: 8:16am On Aug 12, 2015
my only worry for this country is that will the next president after buhari be able to keep the momentum going?
PoliticsRe: Saraki Seeks Emir’s Help On Buhari by lugado: 12:03pm On Aug 02, 2015
if saraki wants his issue resolved in 24 hrs, he should just call tinubu and beg him
EducationRe: I Will Kill Myself On Wednesday by lugado: 9:10am On Jul 26, 2015
if you kill yourself, pmb has one less person to worry about
PoliticsRe: UPDATE: Guard Averts Mass Casualty From Jos Church Explosion by lugado: 1:53pm On Jul 12, 2015
I'm having feeling most this bombs are not boko haram doing. it's beginning to look more like politics
PoliticsRe: Things We Have Noticed Since PMB Assumed Power - Must Read by lugado: 1:38pm On Jul 12, 2015
soludo93:
OP you are a naught head.
1. Refinaries were scheduled to start working by June 2015, that was after 11 months of intensive rehabilitations. GEJ didn't make noise about it because all the refinaries can only satisfy 30% of local consumption at maximum efficiency.
2. GEJ grew the economy to qualify the nation for G7 summit invitation.
Olodo go back to school n stop making a snail look like Achilles.
but you seem to forget that crude oil was at it's peak during Jonathans time and this dreaded boko haram was due to his negligence
PoliticsRe: Can We Identify Any Non-northern Buhari Appointees? by lugado: 2:54pm On Jul 02, 2015
where was the south when the north was voting en masses. even PDP states were voting for him. You think they where stupid?
PoliticsRe: Osinbajo Visits Wounded Soldiers Fighting Boko Haram In Yola (photos) by lugado: 2:46pm On Jul 02, 2015
pmb should better watch it. This was the same thing Atiku was doing when Obj was busy globetrotting clearing our debt.If not for the political mastery that Obj had, Atiku would have impeached him.
PoliticsRe: Dele Momodu To Buhari: Nigerians Don't Want Excuses, Appoint Your Cabinet Now by lugado: 10:19pm On Jun 27, 2015
but GEJ APPOINTED MINISTERS AFTER 6weeks in 2011
PoliticsRe: Joda Committee Asks Buhari To Appoint Only 19 Senior Ministers by lugado: 6:44pm On Jun 19, 2015
na wa for this joda sef. We are asking for 10 they are giving us 19. hope pmb will trim it.
PoliticsRe: First Lady Mrs Buhari Stuns With Her Daughters In New Photo by lugado: 3:10pm On May 29, 2015
it will be a shame if no Nairalander is married to one of this girls
PoliticsRe: SHOCK As #bringbackourgirls Founder Gets A Pat On The Back From Buhari by lugado: 8:55pm On Apr 23, 2015
if buhari, a cattle rearer can sponsor bokoharam for 6 yrs that a government with enormous funds can not win, then baba must be good
PoliticsRe: West, Kalu, Ndah-Isaiah, Fashola, Abdulahi, Akeredolu may make Buhari's cabinet by lugado: 11:52am On Apr 20, 2015
shamelly:
OBJ minister of Agriculture
seconded. that baba has the biggest farm in the whole of Africa grin
SportsRe: Tee Morgan, Reaches The North Pole (The First Nigerian To Ever Reach There) by lugado: 4:39pm On Apr 13, 2015
shior me that i did marathon through sambisa forest nobody gimme medal grin
Forum GamesRe: Is This Cat Going Up Or Down? by lugado: 7:29am On Apr 09, 2015
it's definitely going down. any engineering student will know this
PoliticsRe: Fire Outbreak At INEC Office In Imo (Photo) by lugado: 10:04pm On Apr 05, 2015
mikeansy:
The record shows that Rochas is importing immigrants into Imo to vote under the guise of Rochas Foundation
so? what's bad about that? as long as they are nigerians and they have their pvcs
PhonesRe: Airtel Crashes Data Service Cost By 100% by lugado: 11:00am On Apr 05, 2015
Daninya11:
Does the glo bundle work on android ??.since I can't tweak my infinix hot note to use the cloned bb bis bundle for 1k.I need my value for money. The airtel android bundle dissipate with a speed of light.. Kindly reply..tnx
yeah it does. I use a Samsung galaxy mega android phone
PoliticsRe: Igbo Group Urges Buhari To Fulfill Promise To South East by lugado: 8:36am On Apr 04, 2015
JingoOAU:
If I were Buhari, I will first of all concentrate my efforts in south east and south south....also finish some of the projects started by Jonathan so as to earn their loyalty and trust
lol you want him to lose all the votes he got from the north and south west. don't forget that elections is just 4yrs away and pdp will also field a northerner to counter apc votes. Buhari will first of all try to crush bh to consolidate his win. then he'll reduce the price of oil to make people happy. and reducing oil price is very easy . All needs to do is a direct swap of crude oil with refined oil thereby cutting off all the oil marketing maria. hope they don't kill him sha because he's gonna step on so many toes.
PhonesRe: Airtel Crashes Data Service Cost By 100% by lugado: 11:36am On Mar 31, 2015
liberty300:
I don't believe this crap until I notice it on my phone. Airtel are scumbags they always have a way of taking back what they give to you just like the devil
my brother abeg switch to glo I was on airtel too until I discovered glo. I normally subscribe 2k to get 2gb on airtel but I thot I should just give glo a chance since they're are cheaper with 2.5k for 4.5gb to my amazement their network dey fly. since I can't finish my data in a month , I started sharing with my system and it was still flying. now I don't need to sub my spectra net modem anymore
PoliticsRe: Jega Live On NTA: INEC Stage Is Set For The Announcement Of Presidential Result by lugado: 4:10pm On Mar 30, 2015
after nassarawa

apc 2,302,978. pdp 2,322,734

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 (of 16 pages)