₦airaland Forum

Though a welcome development, I hope we are all aware that it's a 60k barrels capacity refinery whose distillates can hardly meet our daily domestic needs we are talking about.

The Dangote's refinery is the game changer in our petroleum products quagmire and until it comes on stream we will still be having supply disruptions from time to time.

I think efforts should be concentrated on some major transport arteries like the east-west road, the famed Lagos- Ibadan road and The north-west roads instead of scattered efforts that achieves little to nothing at the end.
With their completion and tolling, other major roads projects can then be eexecuted in next year's budget.

Before long, we will have good motorable interstates roads.

Good for the lucky beneficiaries.

Let the palliative extend to other sectors like education and health.

That axis has been volatile lately especially since the Isreal-Gaza conflict started.

Ships dodging the Red Sea area due to Houthi and Iranian activities via alternative route are falling prey to the Somali pirates who seem to have renewed their piracy after a lull.

Las Las, the pirates always bite the dust.

Interesting !!

However, it's not easy according to stake holders to source dollars at the official window.

Until such gains are seen in the parallel market where most players source forex, this news is like a storm in a teacup.

ImperialCovfefe:
Sabi man. However, we need more details. How would you go about structuring the monthly investments?

I currently use a 40:60 needs to savings ratio.

With enough savings at the hypothetical 4m/month, I will seek the services of a financial / investment expert for guidance on investment portfolios.

However, I hear treasury bonds are good.

The stock market is too volatile for my liking.

I don't know if we have an equivalent of the S&P 500 in the NGX, I would prefer it to single stocks.

Real estate is capital intensive but a REIT would be preferred if available.


Forex, drop shipping, commodities, and crypto are a no no for me.

Buffet; don't invest in what you can not understand

Invest!
Invest!!
Invest!!!

No be my mates get billions for "accant"?

I see vawulence loading.

There seems to be a ray of hope filtering through the horizon with the way Asiwaju is handling the sleaze of the last administration.

If Nigeria does not kill corruption, then we are finished as a people.

They should be made to vomit any dine they have illegitimately swallowed with interest.

Well done

Kushites:
Good points, but I don't think we're quite ready to rely on CCTV and so on, especially in relation to the attacks in rural areas. I think we underestimate the effects of good ol' Boots on the Ground in terms of police numbers.

Flood an area with police and see how fast the so-called bandits disappear into the woods.

True that CCTV would not be feasible in all locations. The use of drones to police a community is even more cheaper and effective than a thousand boots on the ground.

With bandits notifying communities of their coming, drones can police such communities 24/7 and can even serve as a deterrence to attacks as the terrorist will know that they can be followed up to their bases from the air.

Infact, an armed drone can do more damage than boots on the ground. The mishap in Tudun Biri by our military readily comes to mind.

Technology is a veritable force multiplier at this time when the government is lean on funds.

Nigeria is really not "under policed" with the proliferation of " security agencies" in multifarious uniforms in the landscape.

It is the absence of shared intelligence and outright working across purposes that creates the illusion of an underpoliced state.

There are several agencies with powers to arrest. Infact, the citizens also have a constitutional power to arrest criminals and handover to the police.

I want to believe that crimes and criminality seems to be on the ascendance because justice is not being swiftly dispensed with or seemed to be done in some cases.

Even if you increase the sheer number of personnel without an effective judicial system, we will only be approaching a hydra headed monster from one front.

For those tinkering with the idea of state police, remember it was so in the beginning. Then there was even the native police. All had to be scrapped for this unitary system because of their high handedness and were willing tools for politicians.

What do you think would have happened if some state governors had a police under their call in the last election? You guess is as good as mine.

The police as presently constituted needs to leverage on technology to act as a "force multiplier" .
CCTV cameras, drones, and automated alarm systems can effectively and efficiently do the work of a thousand police men.

Also, deploying a large chunk of the meager police personnel to guard and escort duties will not help with crime prevention and may even aid and abet crimes if such VIPs are criminaly minded.

This is the truth that is hidden in plain sight.

However the educated internet illiterates still can't decipher the politics the western world is playing with ISIS.

When Uncle Sam wants to finish you, they give you a bad name and invade.

Ask Saddam Hussein, ask Gadaffi , ask Manuel Noriega. These guys were once "foot soldiers" in the hands of America but had to be cut down when they went off script.

Nigeria is happening to Dangote.

I thought he moved a substantial part of his holdings into the US stocks to avoid this scenario?

With the way efcc is hovering over this guy in recent time, its only a matter of months before he starts coughing out the dollars he got from the erstwhile CBN governor.

I foresee Asiwaju cutting this guy to size very soon.

Negotiations haven't even started and government have the antics of delaying matters until the last minute.

March is desirable but may not be feasible

What Nigerians need is a living wage and not minimum wage

Bonapart:
if you think America created ISIS then your brain is full of saw-dust

A wise man once said that if you want to hide an information from a black man, put it in a BOOK. The fallacy in that assertion has never been substantiated.

Soyinka only recently reiterated the above when he alluded to the internet breeding "educated illiterates "

I leave you to stew in your own juice.

Shalom

Jokerman:
You'd know an Islamist by Thier comment

Very Wrong there


"Assumption is the mother of all F...Ups"...........Eugene Lewis Fordsworthe

Bonapart:
if you think America created ISIS then your brain is full of saw-dust

I guess you are not a student of history.

https://www.google.com/url?q=https://msuweb.montclair.edu/~furrg/pol/wtc/oblnus091401.html&sa=U&ved=2ahUKEwiosOiousSDAxUcRPEDHXiGCvUQFnoECAUQAg&usg=AOvVaw3Qe5LAazQZf-G86I4a219e

At last, he has some modicum of freedom to visit other colleagues without seeking clearance from Abuja.

Say no to political God fatherism

At last, he has some modicum of freedom to visit other colleagues without seeking clearance from Abuja.

obedience4:
Prove that your last paragraph

Osama bin Laden was a CIA agent who went rogue


https://www.google.com/url?q=https://msuweb.montclair.edu/~furrg/pol/wtc/oblnus091401.html&sa=U&ved=2ahUKEwiosOiousSDAxUcRPEDHXiGCvUQFnoECAUQAg&usg=AOvVaw3Qe5LAazQZf-G86I4a219e




https://www.google.com/url?q=https://www.amazon.com/CIA-Al-Qaeda-Osama-Laden-Agent/dp/B086PYTZ7Q&sa=U&ved=2ahUKEwiosOiousSDAxUcRPEDHXiGCvUQFnoECAYQAg&usg=AOvVaw3Vzn4qzngdV_uFFkd40Xed

Isis again?

Anyways, "Conyman die, conyman bury am"

While Iran is busy arming proxies to do their bidding, they opened themselves up for others to also use proxies against them.

Let's not forget that ISIS was an American creation in the beginning.

Kushites:
When you wildly tell lies about “no projects in sight” and claim the loans “were looted” with ZERO evidence to back your claims, you are inviting insults to yourself.

So shut up.

So, all this overdrive that efcc has suddenly gone into is for nothing?


The quantum of monies looted from foreign loans is not commensurate to the projects on ground.

Was it not here we were told that the Aso rock clinic extension will gulp 21 billion naira, an amount that could build a full fledged teaching hospital?

Please don't act naive, you are definitely not a "stranger in Jerusalem "

Have you travelled recently, most of the roads that FEC kept awarding contracts on are pile of mud with no work done.

Follow the Dutch rider on i"tchy boots" as she navigated Nigeria and you will weep for our roads.

I rest my case

Committing another offence while being investigated for an earlier one


These ones are beyond redemption

Kushites:
Shut up.

Always a spoiler coming in to talk rubbish.

“No projects in sight” indeed.

You will see the projects from your veranda or dirty bedroom.

Idiot.

Are you so full of invectives to make a reasonable counter contribution to the discuss?

I will not wallow in the mire from which your tirade streams.

Continue to constitute yourself a nuisance in a faceless forum

At the rate our oil have been securitized for foreign loans, I'm not sure we still have up to 1 million barrels of our 1.8 million opec quota for ourselves.

Buhari did his own shortly before leaving office and now this from Asiwaju.

Little wonder government is always resorting to "ways and means" to get money for their domestic obligations.

We are truly in for a long thing.

Enough of these "gbese" we are collecting from china in the name of white elephant projects abeg.

The rail they have constructed for us isn't self sustaining to pay for itself.

The other loans have all been looted with no project in sight.

There was a time I even heard that our iron ore is not even the quality type that's why we are not even exporting it in its crude form.

I hope after implementing the peace pact to the letter, wike will not collect the "Red biro" from him?

Looking innocent and meek but when you meet them while exercising their craft, the are heartless and callous.

These type should be offered below knee amputation of their dominant limb as penalty for one chance business.

He does not want to appear "thirsty "

Kidnappers having a field day harvesting people who are even poorer than them while the government has its hands full with "wahala" from all nooks and crannies of the country and not knowing which to prioritise.

If I were the president, I will send a strong signal to criminals and would be criminals that I won't tolerate nonsense by first signing the death warrant of all condemned prisoners in our correctional facilities and having them shot publicly in all states of the federation.

Sign an executive order mandating all violent criminals caught in the act to be shot on the spot and not allowed to enter the judicial mill.

Legalise death penalty for corrupt public officers found culpable.


Immediate sack of law enforcement officers under whose watch genocide is committed against any ethnic nationality.


Issuance of firearms licence to Nigerians certified to be of sound minds.


Add yours

Na yam?

People wey get money still dey gasp to set up one refinery una think say na bean to build refinery.

All talk, no action.