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PoliticsRe: Wike Delivers Long-awaited Greater Abuja Water Project After Eight Years by Mankind2024: 7:46am On Jul 12
We, the residents of Abuja, can testify to the dramatic transformation of the city through renewed urban development and massive infrastructure expansion. No audio project. Wike is Mr talk and do.
No genetic relationship with Mr Gringory, the ruler of the headless Mob.



Wasa005:
Wike Delivers Long-Awaited Greater Abuja Water Project After Eight Years

By
Ibrahim Tukur Miyyatti


The commissioning of the Greater Abuja Water Supply Project by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, marks one of the most significant infrastructure milestones in Nigeria's capital city in recent years. Beyond the fanfare that accompanied the event, the project represents a practical solution to a challenge that has affected residents of Abuja for decades—access to clean and reliable water supply.

At the heart of the initiative is the unveiling of a massive 198-kilometre water pipeline network designed to expand water distribution across the Federal Capital Territory. The project also includes the completion and commissioning of the ₦470 billion Greater Abuja Water Supply Project, a strategic infrastructure undertaking that had remained unfinished for nearly eight years.

For many residents of Abuja, the commissioning is more than just another government project. It is the fulfilment of a long-standing promise and a demonstration that critical infrastructure can indeed be completed when there is political will, effective leadership, and sustained commitment.
The importance of potable water to public health, economic development, and overall quality of life cannot be overstated. As Abuja continues to experience rapid population growth and urban expansion, pressure on existing water infrastructure has increased significantly. Several satellite towns and growing communities have struggled with inadequate water supply, forcing residents to rely on private boreholes, water vendors, and other costly alternatives.

The completion of the Greater Abuja Water Supply Project therefore comes as a timely intervention aimed at addressing these challenges while positioning the Federal Capital Territory for future growth.
Much of the credit for bringing the project to completion has been attributed to the leadership of FCT Minister Nyesom Wike. Since assuming office, Wike has pursued an aggressive infrastructure agenda focused on completing abandoned projects, upgrading public facilities, and accelerating development across the territory.

His approach has been characterized by a strong emphasis on execution rather than mere promises. By prioritizing projects that directly impact the lives of residents, Wike has sought to redefine governance in the FCT through visible and measurable outcomes.
The water project is perhaps one of the clearest examples of this philosophy. For years, the initiative remained stalled despite its strategic importance. However, under Wike's stewardship, renewed attention, funding, and administrative support ensured that the project moved from the drawing board to reality.

Equally deserving of recognition is the Minister of State for the FCT, whose collaborative efforts have contributed to the successful implementation of the administration's developmental agenda. The partnership between the two ministers has helped drive a coordinated approach to governance and infrastructure delivery in the nation's capital.
Their collective efforts have sent a strong signal that effective teamwork within government can accelerate development and improve service delivery to citizens.

The project also serves as an important reflection of President Bola Ahmed Tinubu's Renewed Hope Agenda, which places infrastructure development at the centre of national transformation. Across various sectors, the Tinubu administration has emphasized the need to complete critical projects capable of stimulating economic growth, creating jobs, and improving the welfare of Nigerians.

The commissioning of the Greater Abuja Water Supply Project aligns perfectly with these objectives. Access to clean water is not merely a social service; it is a foundation for economic productivity, environmental sustainability, and public health. By supporting the completion of such a strategic project, the Federal Government has demonstrated its commitment to improving the living conditions of citizens while strengthening the infrastructure backbone of the nation's capital.
Beyond immediate benefits, the project is expected to have long-term implications for Abuja's development. Reliable water supply is a critical requirement for residential expansion, commercial activities, healthcare facilities, educational institutions, and industrial growth. Investors often consider access to basic infrastructure when making decisions, and enhanced water availability will undoubtedly improve Abuja's attractiveness as a destination for business and investment.

Furthermore, the expansion of water infrastructure is expected to reduce dependence on groundwater sources, helping to promote environmental sustainability and better resource management.

The significance of the 198-kilometre pipeline network cannot be overlooked. By extending water distribution channels to underserved areas, the project has the potential to improve access for thousands of households and businesses across the territory. Communities that previously faced irregular supply may now look forward to more dependable access to clean water.

This development also highlights an important lesson in governance: projects should not be allowed to remain abandoned indefinitely. Delayed infrastructure projects often lead to increased costs, reduced public confidence, and lost economic opportunities. The successful completion of a project that had lingered for eight years demonstrates that determined leadership can reverse such trends and restore public faith in government initiatives.

As residents celebrate this achievement, attention will naturally shift toward ensuring the effective operation and maintenance of the infrastructure. Sustainable management will be essential to preserving the gains of the project and ensuring that future generations continue to benefit from the investment.

Nevertheless, the commissioning represents a major victory for infrastructure development in the Federal Capital Territory. It is a testament to what can be achieved when vision is matched with action and when leadership remains focused on delivering tangible results.
For President Bola Ahmed Tinubu, the project stands as another example of the practical implementation of the Renewed Hope Agenda. For Minister Nyesom Wike and the Minister of State for the FCT, and his deputy Dr.Mariya Mahmoud Bunkure, it reinforces their growing reputation as leaders committed to completing transformative projects that directly impact citizens' lives.

Ultimately, the Greater Abuja Water Supply Project is more than pipes, pumps, and engineering structures. It is a symbol of progress, resilience, and a renewed commitment to improving the quality of life for residents of Nigeria's capital city.
This outstanding and historical project would not have been possible and successful without the zealous output of the three following people who I believe deserves commendation.

President Bola Ahmed Tinubu: Leadership That Turns Vision into Reality

The completion of the Greater Abuja Water Supply Project is another practical demonstration of President Bola Ahmed Tinubu's commitment to delivering infrastructure that directly improves the lives of Nigerians. Under his Renewed Hope Agenda, governance has increasingly been defined by the completion of critical projects capable of stimulating economic growth and enhancing public welfare. By providing the political leadership and policy direction necessary for strategic investments, President Tinubu has reinforced the principle that sustainable development requires continuity, decisive action, and accountability. The delivery of this long-awaited project reflects an administration determined to transform national aspirations into measurable progress, while laying a stronger foundation for the future of the Federal Capital Territory and Nigeria as a whole.

Nyesom Wike: A Testament to Purposeful Public Leadership

The successful delivery of the Greater Abuja Water Supply Project underscores the importance of leadership that prioritises execution over rhetoric. As Minister of the Federal Capital Territory, Nyesom Wike has demonstrated a governance style anchored on discipline, urgency, and measurable results. Completing a strategic project that remained unfinished for nearly eight years required not only administrative capacity but also political resolve and sustained supervision. His stewardship has reaffirmed the value of public officials who view infrastructure as an investment in human dignity and economic prosperity. By transforming a long-delayed initiative into a functioning public asset, Wike has strengthened confidence in the government's ability to deliver meaningful and lasting development.

Dr. Mariya Mahmoud Bunkure: The Strength of Collaborative Governance

Major national achievements are rarely the product of individual effort alone. They are often realised through effective teamwork, institutional coordination, and a shared commitment to public service. In this regard, the Minister of State for the Federal Capital Territory, Dr. Mariya Mahmoud Bunkure, has made a commendable contribution to the successful completion of the Greater Abuja Water Supply Project. Her supportive leadership and commitment to the administration's development agenda have complemented the broader efforts to modernise the nation's capital. Working in close partnership with Minister Nyesom Wike under the leadership of President Bola Ahmed Tinubu, Dr. Bunkure exemplifies the quiet but indispensable role of collaborative governance in delivering projects that improve the lives of citizens and strengthen public confidence in government.

As the residents of Bwari Area Council await the commissioning of the Bwari phase of the water project, it is my belief that after eight years of waiting, Abuja's long-awaited water revolution has finally arrived.

Ibrahim Tukur Miyyatti
Founder:
Hope for the Poor Charity Organization

Miyyatti85@gmail.com
08035212288
PoliticsWhy Mr. Gringory's Supporters Reject Positive News About Nigeria by Mankind2024(op): 6:09am On Jul 12
Why Mr. Gringory's Supporters Reject Positive News About Nigeria.

Nigeria is a multi-ethnic nation where political loyalty is often influenced by regional and ethnic affiliations. As a result, public debates frequently become highly polarized, with many citizens aligning themselves with political figures from their own regions.

This trend was recently illustrated by a group I refer to as the "Gringory mobs."

Following the successful rescue of kidnapped Nigerian schoolchildren and their teachers through the combined efforts of Nigerian security agencies, many Nigerians celebrated the operation. However, members of this group quickly dismissed the achievement by changing the narrative from a "successful rescue operation" to "Nigerian schoolchildren freed," implying that no rescue had taken place and suggesting, without evidence, that ransom had been paid for the children's release.

In my view, the Gringory mobs are intensely loyal followers of Mr. Gringory. Their support is so unwavering that they rarely acknowledge what they consider to be his shortcomings. Instead, anyone who publicly questions Mr. Gringory's record is often subjected to personal attacks and treated as an outcast on social media.

I believe Mr. Gringory has consistently portrayed himself as a victim while refusing to accept responsibility for his political setbacks. After leaving APGA, the political party that made him governor, he publicly declared that he would become politically irrelevant if he ever left the party. Since then, he has attributed his political disappointments to the Nigerian government.

His difficulties within the PDP were, in his narrative, the government's fault. His unsuccessful political journey in the Labour Party was also blamed on the government. He later moved to the ADC, where he reportedly attributed his departure to "fifth columnists" and, once again, to government interference.

Most recently, Mr. Gringory alleged that the government was attempting to harm him after he was reportedly stopped at Abuja Airport for violating airport traffic regulations. I believe he is now creating internal tensions and divisions within the NDC, the political platform that offered him another opportunity to pursue his presidential ambition. Reports of disagreements between Mr. Gringory and the NDC have been widely discussed, with Mr. Dickson reportedly playing a significant role in calming the situation.

From what I have observed, several former members of the Gringory movement appear to be distancing themselves from the group and joining the Renewed Hope 2 Movement.
Mr. Gringory has admitted that many Nigerians are avoiding him like the plague. According to him, they no longer invite him to their events.

My advice to the Gringory mobs is simple: stop demonizing President Bola Ahmed Tinubu. You are free to campaign for your preferred candidate, just as we will continue to support ours. This is the true definition of democracy.

In my opinion, President Tinubu's record in office is gradually speaking for itself. Although Nigeria inherited deep-rooted economic and security challenges, I believe his administration is making steady progress toward national recovery.

I pray that God grants President Tinubu continued strength, wisdom, and good health to complete his vision for Nigeria through 2031.

I also believe that the progress being made by the current administration has unsettled many of Mr. Gringory's supporters. In my view, they often reject positive news about Nigeria. They criticize improvements in road infrastructure, oppose proposals such as state policing, question successful rescue operations, downplay the performance of the Nigerian Exchange, gradual economy recovery, and minimize the achievements of the Nigerian military in counter-insurgency operations. At the same time, they appear to amplify reports of successful attacks by bandits and terrorist groups.

My appeal to President Tinubu is to remain focused on governance rather than responding to online attacks. The ongoing development across several states, Abuja and its surrounding satellite towns is, in my opinion, evidence of the administration's efforts.

I believe Nigeria is making gradual progress. While political disagreements will always exist in a democracy, national development should remain the common objective of all citizens.
PoliticsRe: Wike To Obi: Stop Wasting Your Time, Nigerians Have Already Chosen Tinubu by Mankind2024: 8:32pm On Jul 11
Cyberterror:
Peter Obi the agulu fraudster is too desperate for attention to see that he is a political failure. Jumping from one party to another since 2014 with nothing to show for it grin

PoliticsRe: Wike To Obi: Stop Wasting Your Time, Nigerians Have Already Chosen Tinubu by Mankind2024: 8:31pm On Jul 11
Mr. Wike, the performing minister in Nigeria.
Your performance speaks for you. I live in Abuja and can testify that you have delivered Abuja for Mr. President.
I agree 100%, there is no vacancy in Aso Rock.

PoliticsGringory Is Unfit To Govern Nigeria by Mankind2024(op): 8:23pm On Jul 11
Gringory Is Unfit to Govern Nigeria

I have never, in my entire life, seen a political leader who speaks as frequently and as impulsively as Mr. Gringory. This is no longer a matter of opposition politics; it has become a case of constant distraction and a relentless search for relevance where, in my opinion, there is little.

He was, in my view, a major distraction during the 2023 election cycle, and today that distraction has only intensified. He moves from one country to another, publicly criticizing and, in my opinion, demarketing the very nation he aspires to govern.

He has also positioned himself as though he were a shadow president in a country that operates a presidential system of government, seemingly overlooking the fact that Nigeria abandoned the parliamentary system after the collapse of the First Republic.

He has, in my view, turned many of his followers into unquestioning supporters (Zombies). Together, they accused the President of Nigeria of being a drug baron simply because he is not from the Igbo region. I believe the facts show that many individuals (99%) convicted or accused in international drug trafficking cases have been of Igbo origin.

It is also on record, in my view, that Gringory's name appeared in the Panama Papers, which raised questions about offshore financial arrangements.

He publicly swore an oath that he would never leave APGA, the political platform that made him a governor. He even laid a curse upon himself, declaring that he should become politically irrelevant the very day he left APGA.
He eventually left APGA for the PDP and became politically irrelevant.

From the PDP, he moved to the Labour Party, where he destroyed the party, then to ADC where he became irrelevant.
Now in the NDC, he has become a political liability and is currently laying the foundation for the destruction of his current political party.

What a shame?
Mr. Gringory's advisers should tell him to stop expending his time and resources on a futile ambition. In my opinion, there is no vacancy in Aso Rock for him.

I do not believe Gringory will ever govern Nigeria.
PoliticsRe: Why The Federal Government Of Nigeria Must Nationalize MTNN by Mankind2024(op): 5:33pm On Jul 11
Your response relies more on insults than facts. Calling someone "foolish" does not invalidate their argument.

First, I am a proud, full-blooded Ijebu man. I have no genetic relationship with the Igbo ethnicity, so don't drag ethnicity into a debate that is about economics and national interest.

Second, supporting the fight against drug trafficking does not mean supporting xenophobia. Any criminal, regardless of nationality, should be prosecuted according to the law. However, collective punishment, mob violence, and attacks on innocent Black Africans are unacceptable and deserve condemnation.

Third, I support President Bola Ahmed Tinubu and his re-election. Supporting this government also means supporting policies that protect Nigeria's economic sovereignty.

Now, let's discuss MTNN. Are you aware that there was a period when MTN imported recharge cards into Nigeria, placing additional pressure on our foreign exchange?
Are you aware of the long-running controversies over the illegal repatriation of billions of dollars from Nigeria by MTN?

Are you also aware that South African companies repatriate substantial dividends from Nigeria every year to benefit their shareholders and pension funds while Nigeria continues to run a significant trade imbalance with Xenophobic Republic of South Africa?

If you disagree with nationalization, present an economic argument. Don't substitute insults for evidence. Mature debates are won with facts, not abuse.


FSBoperator:
Pls, keep your foolishness to yourself.

We tried nationalization in the 70s through till the 90s and all it gave us was corruption .

And I don't care how South Africans treat criminals and drug dealers destroying their country.

I am not going to side with criminals anywhere on the planet because I am unfortunate to share a passport with them.
PoliticsRe: Why The Federal Government Of Nigeria Must Nationalize MTNN by Mankind2024(op): 5:19pm On Jul 11
On the issue of drug peddling and trafficking, it is within the constitutional authority of any country to investigate, prosecute, and punish offenders. This should not be misconstrued as "giving a dog a bad name in order to hang it."
My position remains unchanged: "Xenophobia is one of the worst crimes against Black Africans. It is time to sever all diplomatic ties with South Africa."


FSBoperator:
It is the drug cartel and their beneficiaries that are pushing this senseless attacks on SA private owned companies in a bid to get SA govt to rescinde their eviction notice.

Where on this earth can they sell drugs on the streets with such impunity and still insult the sensibilities of their hosts by calling them lazy?
PoliticsRe: Why The Federal Government Of Nigeria Must Nationalize MTNN by Mankind2024(op): 5:11pm On Jul 11
If the Federal Government of Nigeria were to nationalize MTN Nigeria (MTNN) while still allowing it to operate as a professionally managed, commercially driven, publicly listed company (similar to many Nigeria-owned enterprises that remain listed on the NGX), then the proponents of nationalization could argue the following potential advantages:

1. Retention of Profits Within Nigeria
A larger share of dividends and profits would accrue to the Nigerian government and Nigerian shareholders, rather than being remitted to foreign parent companies.
2. Increased Government Revenue
Annual dividends from MTNN could become a significant source of non-oil revenue, helping to fund infrastructure, education, healthcare, and security.
Improved National Security.

3. Telecommunications infrastructure is considered strategic. Greater Nigerians ownership could provide stronger oversight of critical communications infrastructure during emergencies.

4. Support for Digital Sovereignty
National ownership could strengthen Nigeria's control over sensitive telecommunications infrastructure, data governance, and digital transformation initiatives.

5. Reinvestment in Local Infrastructure
Profits could be prioritized for expanding broadband, rural connectivity, and 5G deployment instead of maximizing foreign shareholder returns.

6. Foreign Exchange Conservation
Reduced dividend remittances abroad could lessen demand for foreign exchange, potentially easing pressure on Nigeria's foreign reserves.

7. Development of Local Capital Markets
If MTNN remained listed on the Nigerian Exchange, Nigerians could continue investing while Nigerians
maintained majority ownership, supporting the domestic capital market.

8. Alignment with National Development Goals
The company could more closely support government initiatives such as digital inclusion, financial inclusion, e-learning, and e-government services.

9. Greater Local Procurement and Employment.
A nationally owned MTNN might place greater emphasis on sourcing goods and services from Nigerian businesses and creating local employment opportunities.

10. Long-Term Strategic Planning
Instead of focusing primarily on quarterly earnings, the company could make investments with longer payback periods that support Nigeria's long-term economic development.


FSBoperator:
I anticipated this next foolishness and I made a thread before hand which one of the obidient mods has since deleted.

Ok let's natinalize MTN


That means the entire management staff will have to be replaced with a govt appointed board of directors that will have to accommodate for Federal Character and which will surely see to creation of more directorates so that Federal character must be achieved.

Congrats! You now have an over bloated managerial board filled with political appointees that were picked not because of competency but their closeness to the corridors of power.

Next thing is that every new appointed director and the new MD of MTN will now want to get their friends , relatives employment into the new Nationalized MTN.

Don't forget that other political figures including governors, senators, etc will want to have their own people employed in the new MTN.

Congrats! You now have an overbloated work force of equally mediocre and useless employees who do next to nothing .

What this means now is that MTN Nigeria will be saddled with higher operational cost in terms of wages and emoluments.

Note also that the new board of directors will also need to look the part and so money will be set aside to procure at least 3 vehicles for each director while General managers will get at least a brand new official vehicle complete with driver and an overhead cost for fueling and maintaining the vehicle. Also remember that they will be needing accomodation to match their new status which will be paid for from MTN Nigeria's accounts.

Then there's also the need to attend useless overseas training programs and seminars for both directors and staff . MTN Nigeria will then foot the bill alongside that of the Perm Secretary , Minister of Comms and directors from the ministry who will demand they be included on the jamboree all expense paid seminar and training course.

Congrats! Overhead cost has now exploded.

Now remember we had a competency crisis already by the employment that followed nationalising MTN Nigeria ?

Well MTN Nigeria will now have to employ expats to carry out the job that the new staff can't do.

Congrats! Cost of maintainance has now spiked because those expats will be billing MTN Nigeria for both remote and on the spot jobs.

Then what is a good national public entity without contracts ?

MTN Nigeria will have to accommodate politicians by giving out contracts at 700% the cost for an item or project they probably never needed in the first place.

Congrats! MTN Nigeria is now facing serious insolvency issues due to wasteful contracts.

Next step is to approach the money markets to keep MTN floating and when they default , they go to the FG begging for bailout .

Note that there's no more tax revenue as was the case with the previous MTN .

Now govt is spending money to maintain a money pit.

Congrats! You will now be having network glitches that last days because MTN Nigeria could not pay mast owners and so they have been cut off


Then after 3ys , a govt will come and see this as stupid and will hand MTN Nigeria to the Undertakers in NDIC to liquidate MTN .

By then, not one foreign investor will be willing to buy MTN Nigeria or even partner with anyone willing to buy the scrap heap that it has become because they remember how a thriving MTN under private ownership was arbitrarily taken over due to a diplomatic issue involving the parent company's nation of origin .

So what have you achieved with this nationalization of MTN?

Well you have;

1. Succeeded in destroying one of the very few companies that paid the highest taxes to the national coffers(MTN paid over #870bn in taxes and levies in 2025).

2. You have setback Nigeria's tech and communication industry by at least 30ys.

3. You have destroyed any confidence of foreign investors in Nigeria .

Congrats!
PoliticsRe: Why The Federal Government Of Nigeria Must Nationalize MTNN by Mankind2024(op): 4:46pm On Jul 11
Xenophobia is one of the worst crimes against Black Africans. It is time to sever all diplomatic ties with South Africa.
PoliticsWhy The Federal Government Of Nigeria Must Nationalize MTNN by Mankind2024(op):
Why the Federal Government of Nigeria Must Nationalize MTNN

It is no longer news that the ANC-led ruling xenophobic government of South Africa has crossed the Rubicon, stirring honest resentment across the continent. The immense contributions of Nigerians, our parents and grandparents, in supporting the liberation of black South Africans from the clutches of apartheid have seemingly been consigned to the dustbin of history.

Many celebrated and renowned Nigerian musicians recorded several albums and songs in support of freedom for the xenophobic nation.

The late Fela Anikulapo-Kuti released an album titled Beast of No Nation. Kollington Ayinla sang a track in honour of Nelson Mandela, while Wasiu Ayinde performed a song for African leaders. There were also many other celebratory songs and events marking the freedom of the oppressed, who were often referred to as slaves during that era.
A Yoruba adage says: “Everyone suffers collective punishment once a slave is made a king.” This is what we are seeing in Xenophobic South Africa today.

Nigerians born in the 1960s-70s and beyond carry a clearer, more personal narrative of this solidarity. In my growing-up years, after the morning assembly, the next memory verse we recited daily before learning activities commenced was: “Apartheid is a crime against humanity, free Mandela.”

This same arrogant and ungrateful xenophobic posture has seen South Africa label Nigeria a drug-peddling nation and subject Nigerians living there to collective punishment. In response to this brief narrative, which has already become a global viral event, I call upon the Federal Government of Nigeria to immediately set up a panel of experts to commence the nationalization of MTN Nigeria (MTNN) and separate the entity from its South African parent company.

I recall vividly when the parent company of MTNN illegally repatriated billions of dollars, amounts reportedly twice Nigeria’s national foreign reserves at the time, through a consortium of banks. This issue was diplomatically resolved during the administration of the late President Muhammadu Buhari. At that time, the government could have confiscated the entire assets of MTNN, but it refrained for fear of sending a negative signal to foreign investors, whom Nigeria desperately needed.

Such an action would not be the first instance of diplomatic tit-for-tat in international relations. Many countries have successfully nationalized strategic sectors, including telecommunications, to assert sovereignty and protect national interests. For instance, in 2008, Bolivia nationalized its leading telecommunications company, Entel (previously owned by Telecom Italia), as part of broader resource and strategic sector reforms under President Evo Morales. This move allowed the government to regain control over critical infrastructure, expand access in underserved areas, and redirect revenues toward social programs, contributing to economic stability in key sectors despite ongoing challenges.

A compelling African example is Ethio Telecom in Ethiopia, which remains predominantly state-owned. It has demonstrated strong performance, reporting significant revenue growth (e.g., a 20% rise in half-year revenue to over US$633 million in one period) while successfully launching Telebirr, a mobile money service that reached millions of subscribers. Even as Ethiopia liberalized the market by allowing private entrants like Safaricom, the state-owned operator continues to drive digital inclusion, generate substantial government revenue (often described as a “cash cow”), and support national development goals. This shows that competent local management under national ownership can deliver results in complex telecom environments.

Further afield, China’s major state-owned telecom operators, such as China Mobile, have achieved global scale and technological leadership while advancing national strategic objectives like widespread broadband access and digital economy growth. These examples illustrate that nationalization, when paired with competent local expertise and clear governance, can transform strategic assets into engines of sovereignty and development rather than perpetual outflows.

Nigeria is blessed with many capable and competent professionals, engineers, managers, and executives,who can navigate the complexities of MTNN once the nationalization act is passed.

To lead the post-transition phase of a nationalized MTNN, we can leverage the expertise of prominent Nigerian corporate leaders, including Jim Ovia, Tony Elumelu, Emmanuel Nnorom, Femi Otedola, and Abdul Samad Rabiu.
Retaining and empowering local talent would ensure operational continuity and improved service delivery aligned with national priorities.

As a matter of urgency, Nigeria should sever all diplomatic relations with the xenophobic Republic of South Africa. This would serve as a strong deterrent to any ungrateful nation on the continent. Instead, we should build deeper diplomatic and economic ties with willing African partners who respect mutual sovereignty and historical solidarity.

Additionally, the non-profitable operations of Access Bank’s foreign entity in South Africa should be discontinued to align with this assertive posture.

Nationalizing MTNN is not merely retaliatory; it is a strategic imperative to reclaim economic sovereignty, stem capital flight, and redirect telecom revenues toward Nigeria’s development.

Historical precedents from Bolivia, Ethiopia, and China demonstrate that such bold steps, executed with expertise and foresight, can yield long-term benefits for the nation. The time for decisive action is now.
Xenophobia is one of the worst crimes against Black Africans. It is time to sever all diplomatic ties with South Africa."
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 6:37am On Jul 08
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 6:50pm On Jul 07

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 5:35pm On Jul 07

InvestmentRe: The NGX Paradox: The Reform That Impressed Nigeria—but Alarmed Global Investors by Mankind2024(op): 11:41am On Jul 05
They are reportedly concerned about the T+1 supporting infrastructure within the ecosystem, particularly the payment systems, foreign exchange (FX) windows, banks, custodians, brokers, and the Central Securities Clearing System (CSCS).

Streetinvestor2:
How is the speed going to attract friction. Does it mean that we don't have enough forex to match the exchange demands immediately. Abi the infrastructure to match the speed. I don't understand the foreign guys reservations on the new policy
FamilyRe: My Last Month Total Expenses Just Feeding A Family Of 3 by Mankind2024: 11:31am On Jul 05
Reading your narrative made me pause. I was hoping to see how much you had saved or invested, especially with the opportunities presented by the ongoing discount sales in the Nigerian stock market.

Life has a way of asking questions that money alone cannot answer. One day, it may ask: What did you build for your family of three? Beyond your employer's pension contributions, did you make a conscious decision to pay yourself first?

Every income is an opportunity to plant a seed for the future. Savings provide security, but investments create growth. The habit of paying yourself first—even with a small amount—can, over time, become the foundation of financial freedom.

Your family deserves more than today's income; they deserve tomorrow's security. Start where you are, invest consistently, and let time and discipline work in your favor. The best time to begin was yesterday. The next best time is today.

bmd1010:
Plus other house n utility bills
FamilyRe: My Last Month Total Expenses Just Feeding A Family Of 3 by Mankind2024: 11:28am On Jul 05
😀😃😃🫠🫠😉😉😁😆
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 7:20am On Jul 05
https://www.nairaland.com/8703692/ngx-paradox-reform-impressed-nigeriabut

The NGX Paradox: The Reform That Impressed Nigeria—but Alarmed Global Investors.

InvestmentThe NGX Paradox: The Reform That Impressed Nigeria—but Alarmed Global Investors by Mankind2024(op): 7:19am On Jul 05
Nigeria's Biggest Capital Market Reform Has Unexpectedly Delayed Its Global Comeback

Nigeria made history on June 1, 2026, becoming the first African stock exchange to adopt a T+1 settlement cycle.

For us in NSEMPA and other local investors, it was a major victory: faster settlement, quicker access to capital, lower counterparty risk, and a more efficient market

Then came the surprise.

Just weeks later, FTSE Russell postponed Nigeria's expected return to Frontier Market status.

Why?

Because what benefits local investors can create new challenges for global capital.

The concerns aren't about T+1 itself. They're about whether Nigeria's broader financial ecosystem can support it.

Foreign investors now face:

- Compressed settlement timelines.
- Practical pressure to prefund trades.
- Greater dependence on seamless FX liquidity.
- Higher operational costs because most global markets still settle on T+2.

Nigeria still operates a Delivery versus Payment (DvP) system, and regulators have already extended settlement deadlines to accommodate international investors. Those are positive steps.

But global index providers are looking beyond the rulebook.

They're asking one question:

Can international investors move money into Nigeria, settle trades, convert currencies, and repatriate capital quickly and consistently without friction?

That's the real test.

Nigeria has built a faster stock exchange.

Now it must build an equally fast banking, custody and foreign exchange ecosystem.

Because in today's global capital markets, speed alone isn't enough.

Speed without friction is what attracts international capital.

Do you think FTSE Russell is being overly cautious, or is Nigeria's T+1 transition exposing structural issues that still need to be addressed?

InvestmentWhen The Tide Turns In The Capital Market. by Mankind2024(op): 3:22am On Jul 01
When the Tide Turns in the Capital Market.

After years of investing across different markets, I have come to a simple conclusion: there are essentially two capital markets in the world:

1. The New York Stock Exchange (NYSE) and the broader U.S. market led by the S&P 500.
2. The rest.

That may sound provocative, but it reflects the extraordinary depth, liquidity, resilience, and global influence of the U.S. market.

The NYSE and the S&P 500 are the world’s main destination for capital. Investors from nearly every country participate in them, and many of the world’s most innovative companies are listed there. When global events unfold—wars, elections, inflation, oil shocks, or central bank decisions—the U.S. market reacts quickly and usually recovers just as fast.

That is the power of deep liquidity. It allows capital to move efficiently, prices to adjust fairly, and confidence to return after shocks. Corrections are inevitable, but history has repeatedly shown that the S&P 500 rewards disciplined, long-term investors.

By contrast, illiquid markets often struggle to recover. They may rise sharply in good times, but when selling begins, there may not be enough buyers to absorb it. Gains can fade quickly, and capital can remain trapped for long periods.

This is one of the structural challenges facing the Nigerian Exchange (NGX). While Nigeria has strong companies, the market lacks the scale, liquidity, and international participation of the NYSE. Recoveries are often slower, and declines can last longer than investors expect.

For investors concentrated entirely in the NGX, the risk is clear. A single market exposed to policy uncertainty, currency volatility, inflation, and limited liquidity is far less resilient.

This is why geographical diversification is not a luxury; it is risk management.

A globally diversified portfolio offers real comfort. When one market struggles, another may be recovering. Hope is not an investment strategy. Investors must pay attention to fundamentals: inflation, exchange rates, energy costs, fiscal policy, monetary policy, and capital flows.

The NYSE and the S&P 500 are not perfect, but they offer something few exchanges can match: deep liquidity, transparent price discovery, world-leading companies, and a long history of rewarding patient investors.

The lesson is not to abandon the NGX. Nigeria still offers opportunities. The lesson is to avoid relying on a single market.

In an environment marked by policy uncertainty, currency risk, and structural challenges, geographical diversification is one of the wisest decisions an investor can make.

Successful investing is not about predicting the next rally. It is about owning quality assets across resilient markets and letting time, discipline, and diversification work together.

InvestmentBREAKING: FTSE Russell Halts Nigeria’s Frontier Market Upgrade Over T+1 Shift by Mankind2024(op): 4:43pm On Jun 30
Nairametrics
https://nairametrics.com/2026/06/30/ftse-russell-halts-nigerias-frontier-market-upgrade-over-t1-shift/
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June 30, 2026

BREAKING: FTSE Russell halts Nigeria’s Frontier Market upgrade over T+1 shift

Breaking News
Global index provider FTSE Russell has placed its planned reclassification of Nigeria back to Frontier Market status under “further review.”

The organization disclosed this on Tuesday, noting that the decision is to allow the index provider to thoroughly assess how Nigeria’s recent transition to a shortened T+1 settlement cycle (clearing and settling trades one business day after execution) affects international institutional investors.

BusinessRe: My Salary Has Tripled Since 2020. I Have Nothing To Show For It by Mankind2024: 9:15am On Jun 23
BusinessRe: I Earn ₦500,000/month But I Am Poorer Than When I Was Earning ₦150,000 In 2019 by Mankind2024: 9:12am On Jun 23
https://www.nairaland.com/8696244/days-paycheque-coming-end#139802735



Ifeoluwadev:
Before anybody calls me a liar or a complainer, sit down and read this first. Because I have numbers. And numbers don't lie.

In 2019, I was earning ₦150,000 per month. Junior staff. I was not rich at all. But I was comfortable. I could breathe.

Today in 2026, I earn ₦500,000 per month. On paper that is more than 3x growth. I should be living large. I should have savings. I should be talking about investments by now.

Instead I am broke before the 25th of every month.

Let me show you exactly why.


THE NAIRA ITSELF
In 2019, one dollar was roughly ₦360.
Today in 2026, one dollar is over ₦1,500.

The naira has lost about 75% of its value against the dollar in 7 years. So anything imported, whether electronics, medicine, baby products or even some food, now costs 4 times what it used to.

My ₦500k today equals roughly $333.
My ₦150k in 2019 was worth roughly $416.

Read that again.

I earn more naira but fewer dollars. In real purchasing power I have gone backwards even though my salary tripled on paper.


FOOD

In 2019, I fed myself comfortably for around ₦30,000 per month. Decent food, market twice a week, occasionally a small restaurant.

Today that same lifestyle costs me at least ₦120,000 and that is me managing carefully.

| Item | 2019 | 2026 |
|---|---|---|
| Bag of rice (50kg) | ₦18,000 | ₦85,000+ |
| Cooking gas (12.5kg) | ₦3,500 | ₦18,000+ |
| Groundnut oil (4 litres) | ₦2,800 | ₦12,000+ |
| Tomatoes (paint bucket) | ₦800 | ₦5,000+ |
| Full chicken | ₦2,500 | ₦10,000+ |
| Big loaf of bread | ₦350 | ₦1,500+ |

My food budget went up by 400%. My salary went up by 233%. The food is winning.



RENT

In 2019, I paid ₦350,000 per year for a decent one bedroom in a Lagos suburb. That is about ₦29,000 per month if you break it down.

Today that same apartment, same area, same size, same leaking ceiling, is ₦1.2 million per year. That is ₦100,000 per month equivalent.

I now spend 20% of my gross salary on rent alone. And landlords still want one to two years upfront. So every renewal season I need to drop over ₦1 million at once like I am buying land.



ELECTRICITY AND GENERATOR
In 2019, NEPA was bad but manageable. Fuel was ₦145 per litre. My monthly gen fuel was around ₦8,000.

Today petrol is close to ₦1,500 per litre. My monthly generator fuel alone is ₦45,000. And NEPA is still giving me the same 4 hours they gave me in 2019. Nothing changed on their side except the bills went up.


TRANSPORT

Bus from my estate to office in 2019 was ₦150 each way. That is ₦300 per day, about ₦6,600 per month.

Same route today is ₦700 minimum each way. ₦1,400 per day. Nearly ₦31,000 per month.

Ride hailing? Multiply that by three. I now spend between ₦30,000 and ₦50,000 every month just moving my body from home to work and back.



SO WHERE DOES THE ₦500K GO?

| Expense | Monthly |
|---|---|
| Rent (broken down monthly) | ₦100,000 |
| Food and groceries | ₦120,000 |
| Generator fuel | ₦45,000 |
| Transport | ₦35,000 |
| NEPA bill | ₦18,000 |
| Airtime and data | ₦12,000 |
| Toiletries and misc | ₦20,000 |
| Tithe | ₦25,000 |
| **Total** | **₦375,000+** |

That leaves me ₦125,000 for savings, emergencies, hospital, clothes, sending money home, school fees if you have children, and anything unexpected.

In 2019 on ₦150,000, my total expenses were under ₦90,000 and I had ₦60,000 left. That leftover was worth $167 at the time. My ₦125,000 leftover today is worth $83.

I saved more real money when I earned less. That is not a feeling. That is arithmetic.



THE PART NOBODY TALKS ABOUT
Beyond the numbers, what has changed is how money feels.

In 2019, seeing ₦100,000 in my account felt like safety. Like I had options. Like I could breathe easy.

Today I see ₦500,000 land on payday and my first feeling is anxiety, not happiness. Because I immediately start calculating what is owed, what is running out, what will still not be enough.

That shift from feeling okay to feeling like you are always one emergency away from trouble, even as your salary grows, is what this economy has quietly done to the Nigerian middle class.

We are not imagining things. We are not lazy. We are not bad at managing money. We are just running on a treadmill that keeps speeding up.



MY QUESTION TO NAIRALANDERS:
What was your salary in 2019 and what is it today? Are you genuinely better off or are you like me, earning more and living less?

Drop your numbers in the comments. No judgement for anybody. Let us count together.
BusinessThe Days Of The Paycheque Are Coming To An End by Mankind2024(op):
The Days of the Paycheque Are Coming to an End

Across Nigeria and much of the world, more people are beginning to question the traditional path of depending solely on a monthly salary. Financial educator Robert Kiyosaki described the paycheque as a "golden handcuff" in Rich Dad Poor Dad—a system that keeps many people trapped in a cycle of working hard without achieving true financial freedom.

Since I first read the book in 2018, the situation for salary earners has become even more difficult. Inflation continues to rise while wages struggle to keep pace. The result is a steady decline in purchasing power and living standards.

Many Nigerians blame successive governments for the country's economic challenges, and understandably so. However, Nigeria's problems are deeply rooted in decades of corruption, weak institutions, and poor governance. As the Scripture asks, "If the foundations be destroyed, what can the righteous do?"
Yet the same Scriptures also provide hope:
"The name of the Lord is a strong tower; the righteous run into it and are safe."

The reality facing workers today is harsh. Jobs no longer provide the security they once did. Quitting without an alternative source of income can be risky, yet remaining dependent on a single paycheque often leads to financial stagnation. This is not just a Nigerian problem—it is a global one.

Adding to the uncertainty are rising geopolitical tensions, increasing energy costs, banking sector reforms, and the rapid adoption of artificial intelligence. Around the world, companies are using AI to improve efficiency, often reducing their workforce in the process. Nigeria will not be exempt from this trend, particularly in banking, administration, and customer-service roles.

A recent Nairaland post captured the frustration of many workers: "My salary has tripled since 2020, yet I have nothing to show for it." That statement reflects the reality of countless people whose incomes have increased on paper while their purchasing power has declined.

https://www.nairaland.com/8686537/earn-500000-month-poorer-than

https://www.nairaland.com/8687934/salary-tripled-since-2020-nothing

The solution is not to abandon employment recklessly, but to reduce dependence on a single source of income. Acquire valuable skills, continually improve your knowledge, build additional income streams, invest wisely, and learn to pay yourself first.

Financial freedom is not achieved overnight. It is built gradually through discipline, education, patience, and sound investment decisions.

The era of relying exclusively on a paycheque is fading. Those who adapt, develop new skills, and build assets will be better positioned not only to survive the changing economy, but to thrive in it.



NB:
This is my original article, finetune with AI for clarity and presentation.

Foreign AffairsThe Price Of Being America's Friend — And America's Enemy by Mankind2024(op): 5:26pm On Jun 21
The Price of Being America's Friend — and America's Enemy

The United States remains the world's most influential military and economic power. Like every great power before it, however, it faces the challenge of preserving its position in an increasingly competitive international system.

History shows that dominant powers rarely surrender their status willingly. From the British Empire to earlier European empires, global leadership has often been accompanied by strategic rivalries, shifting alliances, and intense competition. The United States is no exception.

During the 1970s and 1980s, some American strategists warned that the most significant long-term challenge to U.S. economic and geopolitical dominance would not necessarily come from the Soviet Union or a post-Soviet Russia, but from a rapidly industrializing China. Despite such concerns, American corporations increasingly shifted manufacturing operations to China in pursuit of lower production costs and higher profit margins.

China's leadership welcomed foreign investment by establishing special economic zones and creating favorable conditions for international businesses. The result was one of the most remarkable economic transformations in modern history. Within a few decades, hundreds of millions of Chinese citizens were lifted out of poverty, and China emerged as a major industrial, technological, and military power.

What began as an economic partnership gradually evolved into strategic competition. Today, the United States and China compete not only in trade and technology, but also in areas such as military capability, artificial intelligence, and global influence.

A Yoruba proverb says: "The words of the elders that do not come true in the morning will surely come to pass in the evening." Many of the warnings about China's rise now appear more relevant than ever.

One of the defining characteristics of international politics is that permanent friends rarely exist; only permanent interests do. Nations often change partners as their strategic priorities evolve. In this context, a quote frequently attributed to former U.S. Secretary of State Henry Kissinger remains widely discussed:

"It may be dangerous to be America's enemy, but to be America's friend is fatal."

Whether Kissinger actually said those words remains disputed, but the quote continues to resonate because it captures a perception shared by many observers: American alliances can be powerful, yet they can also change when U.S. strategic interests shift.

Former Friends Facing New Frictions

Several countries that have historically enjoyed close relations with the United States have experienced periods of tension or disagreement in recent years:

- Canada
- France
- Greenland (through disputes involving Denmark and Arctic policy)
- United Kingdom
- Brazil
- Israel
- China
- South Africa
- Iran (before the 1979 revolution)

The degree of tension varies significantly from case to case, and many of these relationships remain strategically important.

Former Adversaries Turned Partners

History also demonstrates that former enemies can become valuable allies:

- Japan
- Germany
- Vietnam
- Saudi Arabia
- Egypt
- Iraq (post-2003 governments)
- Venezuela (during periods of improved diplomatic engagement)

The post-Second World War transformation of Japan and Germany remains among the most striking examples of former wartime enemies becoming close economic and security partners of the United States.

The Israel-Iran Question

For decades, Israel was often regarded as America's closest partner in the Middle East. The relationship remains strong, but recent diplomatic developments suggest that Washington and Jerusalem do not always share identical strategic objectives.

Recent reports indicate growing differences regarding U.S. efforts to reach agreements with Iran and reduce regional tensions. While both countries remain close allies, these developments highlight how strategic interests can diverge even between longstanding partners.

Whether these disagreements represent a temporary divergence or a lasting shift remains to be seen.

The Dollar and Global Power

At the center of American global influence is the U.S. dollar. The dollar remains the world's dominant reserve currency and plays a critical role in international trade, energy markets, and global finance.

From Washington's perspective, preserving confidence in the dollar is a national strategic priority. At the same time, countries such as China and several emerging economies have explored ways to reduce dependence on the dollar through alternative payment systems and greater use of local currencies in international trade.

The contest between dollar dominance and efforts toward financial multipolarity is likely to become one of the defining geopolitical issues of the twenty-first century.

Conclusion

The history of international relations demonstrates that alliances are rarely permanent. Nations cooperate when their interests align and drift apart when those interests diverge.

Whether a country is considered America's friend or its rival, the determining factor is often not sentiment but strategic calculation. As global power becomes more distributed and new centers of influence emerge, the ability of nations to adapt to changing realities may prove more important than any alliance itself.

NB:
This is my original article, finetune with AI for clarity and presentation.
Foreign AffairsRe: "What Utter Nonsense" - Piers Morgan Reacts To Netanyahu's Tweet. by Mankind2024: 12:20pm On Jun 21
Henry Kissinger "To be an enemy of America can be dangerous, but to be a friend is fatal."


MrEar:
Even though I fully agree with piers tweet, I must say this, Piers Morgan is a slimy weasel. A green snake in green grass.

Before the war, he was pro Israel/US...a natural born Netanyahu ass licker.

After a humiliating defeat by ordinary small Iran, Piers has suddenly turned against Israel.

All of a sudden he "genuinely cares" about the people Israel is killing. Very slimy irritating individual with no moral principle or integrity.

It's people like this who sit on the fence that make the world a horrible place to live in.
PoliticsRe: APC Wins Enugu North Senatorial District by Mankind2024: 11:58am On Jun 21
This serves as food for thought for Obi's supporters.
​You countered their arguments in exactly the right measure. It got to the point where one of them was even cursing voters who chose the APC. The reality we face today is that social media doesn't hold an INEC polling unit. Real voters have spoken loud and clear across Ekiti, Ondo, Enugu, Kano, and Kebbi states.

yinchar:
Thats why it’s called a democratic process

What is not sane to you, it’s sane to others

You have your one vote, use it wisely based on your sanity and stop critiquing others
BusinessRe: Photo Of Dangote, Rabiu, Otedola, Saraki On Rabiu's Yacht by Mankind2024: 9:28am On Jun 21
"Getting rich is not a matter of luck, talent, family background, or special connections. Instead, wealth can be achieved by following certain principles and ways of thinking that anyone can learn and apply"


https://www.youtube.com/watch?v=HI0hSoqKfWs?si=xjhdmyG_C8fGqtPH




Easylife1234:
God please pick my call too don't allow me to just come to this world without enjoying it
BusinessRe: Photo Of Dangote, Rabiu, Otedola, Saraki On Rabiu's Yacht by Mankind2024: 9:15am On Jun 21
A Lesson for the Readers
The lifestyles of billionaires are often remarkably simple.
It is not only our right, but our responsibility, to aspire to join their ranks.
Think like them. Act like them. Grow richer every single day.
Gone are the days when “your network is your net worth” was enough.
Gone too is the old saying that you are merely the average of the five people you spend the most time with.
The modern reality is sharper: you are the average of the five people you allow to influence you.

naptu2:
abdulsamadrabiu_asr



https://www.instagram.com/p/DZlR4nIM-VW/

From left to right) Femi Otedola (Chairman of First Bank), Aliko Dangote (President of Dangote Group), Dr Abubakar Bukola Saraki (former Senate President and governor of Kwara State), Abdulsamad Rabiu (Chairman of BUA Group) and Kashim Bukar Shettima (Chairman of Barbedos Group).

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