₦airaland Forum

GAZZUZZ:
you see why I put tracker for the list

Very smart move.......many are called but few are caught.

Nigerianisation of a foreign owned telecoms company. Clear signal to foreign investors to keep off.

But, why is it that every corporate organisation headed by Hakeem Bello Osagie runs into crises and is eventually sold, first was UBA that was sold to Elumelu's Standard Trust and now Etisalat Nig?

Tactical move to ease out UAE owners for local investors.

Iamwrath:
Counter my claim, don't bury your head

I only engage intellects and not some dumb tribal champions.

Keep your distance.

Iamwrath:
Some other mumu like you will be telling me how they used idiomatic expression to write a sentence, Obalaila wasn't talking about famine in Nigeria literally , he was talking about biblical famine which is supposed to be an expression and again the man is right , Time value of money or Present value of money which can be used to predict present value of money in the future

That's why when you read stories of heist , discoveries , CNN, BBC , VOA will tell you the then value and the present value of that loot , how can you compare standard of Living 20 years ago with standard of living now '


Idiots, stay in school you won't gree

Stop spreading your poisonous frustration everywhere, it stinks.

9jakohai:
I think we should renegotiate too...

But my problem with renegotiation Nigeria...is that it still boils down to one thing....HOW we share oil money.

And therein lies the problem.

1.Strong nations are not resource-dependent nations.(And before you shout Saudi Arabia....I will shout that in the last two years they have lost $150bn due to low oil prices)
2.Strong nations are reliant on being productive via industries.


In my opinion, before we can renegotiate Nigeria....we have to fix our resource dependency problem.Because if we do not, there is going to be one big fight over resources.....and believe you me, you won't like it.Neither would I.

I see it differently, we can never resolve our single commodity resource dependency till renegotiate for a restructure as this present structure has been framed to be oil wealth dependant.

It is a very bogus federation loosely held together by monthly and annual sharing of oil wealth from the centre. Once we dismantle this nonsense, every part (whether state or region) will automatically source for means of livelihood and necessity is the mother of innovations.

obailala:
If the last govt with $100+ oil price could not complete any serious project in 5 years, if they could still owe subsidies and had to borrow trillions to even pay salaries (when oil price only just started dipping), cant you see it makes no sense asking why this current govt (which is getting roughly just 40% of the revenue the last guys got) is also borrowing for basic things?

With a revenue dip of up to 60%, you are asking me why the current givt is borrowing. Before I explain that, why dont you tell us why the last govt which didnt suffer this same revenue drop also borrowed in trillions?... While you are at it, why dont you also explain what value the last govt added with over N55 trillion gotten from oil sales?

Did you say 60%?
The last govt borrowed N5 trillion in 6 yrs and yours borrowed N7 trillion in 2 yrs.
Fuel was heavily subsidised at our request and it kept standard of living reasonable for Nigerians.
Today N87 fuel is sold for N145 and the govt is still owing subsidy on it.

As at mid 2015, the average GDP of Nigeria was 6% for 5yrs largely stimulated by govt spending, we were Africa no.1 investment destination and the 6th fastest growing economy globally. The automobile industry was back on stream and agriculture received the highest govt spending in 50yrs with the result of a massive boost in local rice production and we stopped the importation of packed fruit juice because local citrus production became better managed by govt. In short, Nigerians and Nigeria economy felt impact of a well managed oil resource revenue.

What has the govt you advocate for done? Nothing, except talk the way you are talking now.

9jakohai:
Nigeria shall be one...for one simple reason

THE MINORITY TRIBES

(I am from a minority tribe....so I declare my interest).

Now, minorities are getting a raw deal from Nigeria as it is. But splitting Nigeria will leave the minorities at the mercy of the big tribes. And no minority tribe wants that.

Second, access to the sea. The North will lose access to the sea...Biafra will lose access to the sea since SS does not want to join with them. Only Odua got access to sea.

Third....RESOURCES. Nigeria is resource dependent....and in the event of a split....THERE WILL BE A BIG RESOURCE FIGHT. No use pretending there won't be one.

I know Naija na contraption....but the alternative is far worse.

My friend, the seeming tribal boundaries is a creation of the military for the sole purpose of divide and rule.

Simple truth is that Nigeria is 36 federating state structure held together by oil wealth and nothing more. We were all living together happily as regions, with the core South-south and South-east living in harmony, likewise other regions till the 1967 Gowon misadventure of 12 states.

Truth be told, we made better progress as nation under regions than this lousy state structure.

I believe Nigeria can live together in harmony, but we must renegotiate our terms of coexistence and restructure this bogus entity.

I sincerely pity this Pastor Prof., APC has made him tell all kinds of lies to defend their ineptitude, even the lies he does not believe in, just to save the face of the Septuagenarian despot.

Modsenemy:
There's something psychologists call "transfer of aggression" .

Is Buhari now the minister of education?

Bitter people are only making sure they transfer their aggression on the president just to discredit his tenure.

And there is also another thing philosophers called 'delegated authority'.

This minister of education acts on Buhari's behalf in the ministry of education.

obailala:
No you are a very dull student, hence I will keep giving you the lectures until it enters your thick skull.

There is something called the 'Time Value of Money', if only you paid attention in class when you were in school instead of scaling the fence to go pluck opioro mango, you should have understood what it meant.

An income of N1000 may be okay for me when my house rent was N50 and payment for my domestic staff and children's fees all amounted to N200. But with a substantial increase in everday costs over many years, the N1000 which was enough 20 years ago may leave me an impoverished pauper, especially when my much higher income is SUDDENLY cut.

So your continuous reference to oil price being $30 some 10-20 years ago and your insistence on this as the reason why the current state of things in the PRESENT DAY shouldnt be a problem, what other evidence does the world need to confirm you are still a dull student?

Now you have shifted your lame narratives to expenditure. That presupposes that governance expenditure increased with time, so why your tears on savings when you are saying burden on expenditure increases with time?

Okay, explain what value this same govt has added to the entire economy with N7.1 trillion borrowing in two years, despite a $40 billion saving chest?

sarrki:
Do we have such funds now ?

That's my point bro

No hard feelings

It is a partnership and it is an AEROPOLIS and not just an airport.

obailala:
You cannot eat your cake and still want to have it. In the time of Joseph and Pharoah, there were 7 years of plenty and 7 years of famine. The survival in the 7 years of famine was determined by the wise actions taken in the 7 years of plenty. If Joseph and oga Pharoah didnt farm and save when there was plenty, the entire Egypt and neighbouring nations would have starved when the famine came.

The current Nigerian government isnt the one which squandered resources when there was plenty ($100+ oil price). Now there is famine (<$50 oil price), it is silly for anyone to expect the ease of life to be the same as when there was still plenty, especially when nothing was done to prepare for the current famine. So you can keep deceiving yourself and the multitude of undiscerning Nigerians about how things were good back then, but to any discerning mind, the reasons are very obvious.

Is Nigeria experiencing any nature induced famine like the case you mentioned?

You have resumed with this zombie reasoning despite all the lectures we gave you.

The average cost of crude between 1999 to 2004 (5yrs) was $30, we did not have it this bad and the silly govt you are defending inherited close to $40 billion while PDP under Obasanjo inherited less than $5 billion.
It is only the intellectually blind that will not see how the nepotistic policies of Buhari plunged this nation into chaos.

sarrki:
You need not wasting money then

there is an airport in between Maryland, Virginia and DC its used within the 3 States

There is an airport in Dubai and Sharjar in UAE and both are less 30km apart, so what is your point?

Blackfire:
Nigeria belongs to us.. We do whatever we want...


Quote me wrongly and watch DSS visit your house.

Captain CAVEMAN.

This is seriously getting out of hand.

Herdsmen that are engaging policemen in shootouts are no more ordinary herdsmen, they are recruited terrorists going around spreading terror and fear against the people for the selfish interest of their principals.

Nigeria is in the hands of dogs, God please save Your people.

Despite all the supposed stealing and looting of the PDP years, Nigerians were never subjected to this level of hunger, famine, poverty and starvation. So much so that the United Nations classified Nigeria alongside Somalia, Ethiopia, Eritrea etc as among countries that will be needing food aid this year out of famine.

This is how low APC and Buhari has dragged Nigeria.

This is seriously getting out of hand.

Herdsmen that are engaging policemen in shootouts are no more ordinary herdsmen, they are recruited terrorists going around spreading terror and fear against the people for the selfish interest of their principals.

Nigeria is in the hands of dogs, God please save Your people.

Keneking:
Buhari sef
Harsh economic conditions have led employers to take drastic action to cut cost
To those fired, one road closes, another opens, take heart
Useless APC led government
Jonathan sorry for the wrong name calling...
But where is lalasticlala sef now

Good morning

Nonsense.

He is not one.

I stand to be corrected.

bluecircle470:
I disagree. This is a government that those in it tells themselves the blunt truth and not like d past "government of deceit"

And they have not told us & themselves what is wrong with their president and the state of his health.

Templerun95:
Evans tribe are stupid and pathetic
They will kidnap our dollar note now
People of chukwudubemuuuu

You get sense at all?

GAZZUZZ:
ok let us cost current repair till date.

Engine/Trany 550,000
Trucking: 2,000
Warehouse gate pass 500
Logistics: 1,000
Flushing fluids. 2,000
Transmission oil. 16,000
P/S oil. 11,000
Engine mounts. 12,000
ABS sensor. 7,000
Coolant. Xxxxxx
Airfilter. 4,000
Brakepads. 12,000
Hedlamps. 45,000
Horns. 6,000
Wipers. 7,000
Serpentine belt. 10,000
Splash shields. 10,000
Front wheel hubs. XXXXX
Front right CV joint XXXXX
Battery. XXXXX
Panelbeating. XXXXX
Paint work. XXXXX
Spare tyre. XXXXX
2toks tyres. XXXXX
Alignment. XXXXX
Wheel balancing. XXXXX
Interior detailing. XXXXX
Upholstery work. XXXXX
Vehicle tracker. XXXXX
Vehicle Registration.XXXXX
Insurance.

Present total. 695,500

And journey still dey start.

Zaitoon:
There is nothing like Arabic/Islamic study
Arabic is a language and it is different from Islamic religion study (IRS).

Is Arabic Nigeria lingual franca or is it any Nigerian indigenous language?

Catastrophe is what you get when you recruit political hoodlums like Amaechi to engineer 'change' for any nation like Nigeria.

This is the most confused administration in the history of this nation.

That is corporate social responsibility at it's best.

But 1yr is damn too long to RECONSTRUCT a 2km road.

maclatunji:
It is immaterial to this discussion, if you are truly better without power, why are you whining all over the place for it?

Do you think so?
No true Igboson who is mindful of what he is doing will ever agitate for presidicency. From 1999 till date, no Igbo has ever pulled majority votes in the Southeast, even when Ojukwu contested.

simplycarro:
Few days ego, Evans would also have fit in perfectly into your stupid narrative of your imaginary business acumen

Rampaging and kidnapping herdsmen that kidnapped Falae and Ekhomu are Fuanis and not Evans.

simplycarro:
Behind the fathom entrepreneurial spirit is nothing but criminality
Argue with your sense intact

Results are justifications or otherwise of every effort and labour, criminality is universal.

Help yourself, steer clear of dumb thinking.

maclatunji:
I have told some here that they are not politically sophisticated. The guy was forming developmental economist. #Yeye ##LOL

How has the North's political sophistication made their indigenes better than the Southern, especially Easterners, indigenes in technology, commerce, education and standard of living?