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Travel › Re: Ogun Residents Scoop Fuel From A Fallen Tanker (Pictures & Video) by membranus: 4:12pm On Sep 18, 2021

Lankybaby:
Someone help me please I need student loan

Student loan in Nigeria?

Politics › Re: Pantami Hosted Femi Fani-Kayode & Governor Matawalle To A Dinner Last Night by membranus: 3:38pm On Sep 18, 2021

A case of birds of the same dirty feathers flocking together.

Useless venture.

Car Talk › Re: How Avoid Police Extortion And Harassment On The Highway by membranus: 7:58am On Sep 18, 2021

Lavisha:
Mine is to dress really smart and elegant.

Complete traditional dress with head gear and a very nice perfume will do.

Na salute Dem go salute me.

But when you are dressed like a yahoo boy on steering, then you'll be in for a long thing.

Dem dey like to avoid women palava, that's why your scoping may set you free. But however not from policewoman, according to my wife.

Politics › Femi Fani Kayode - A Direct Antecedent Of His Father by membranus(op): 7:41am On Sep 18, 2021

Femi Fani-Kayode took over the real antecedent of his Father - *Chief S.B. Falegan* (now late)

By Toyin Akingbade
February 26, 2015. 11:50am

The pioneer Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Chief S.B. Falegan - the Atoye of Ado-Ekiti has again blasted Femi Fani-Kayode, son to the late Chief Remi Fani-Fayode for stepping into his father's shoe

Chief Falegan made this known in his New book Titled "MY YESTER-YEARS" Page 82-83 - read thus -

"I wish to mention three or four issues that were hatched and meant to destroy and eliminate me completely but for the grace of God. I have written my "Aide - Memoire for succeeding FMBN Managing Director." It is a summary of the problems of what I underwent in the FMBN and the battle I waged with a group of political rascals led by CHIEF REMI FANI-KAYODE who felt that once they were politicians, the opinions of others did not matter and that such people should be treated as slaves with no stake, and no opinions.

Falegan said apart from the selfish pursuit of greed, and personal enrichment at the expense of the country by late Remi Fani-kayode, he listed the incident he experienced with Late Chief Remi Fani-kayode who almost destroy my image and to, in fact, kill me.

Chief Remi Fanikayode, a stalwart of the defunct Action Group under the leadership of late Chief Obafemi Awolowo and former Deputy Governor under the late Chief Ladoke Akintola's Democratic Party (a break-away Party from the Action Group) and later one of the top leaders of National Party of Nigeria (NPN) wrote a letter to me as the Managing Director (FMBN) to lend him N5 million for an unspecified purpose. I took the pain, out of sheer respect, to write to him to be more specific as to get the purpose of the loan. I also let him know that the limit of my authority for mortgage loan was not more than N1million; even then, I had to get the Board's approval before I could exercise that authority. Lastly, I suggested that he could write the FMBN Board directly (since they all belong to the same political party - the NPN) for assistance and that as thing stood, if the Board directed me to help with specific guidelines relating to my function within limits of mortgage financing, I would be willing to help.

After about six months' period of non-communication or response from him, I saw a petition against me from Chief Remi Fanikayode sent to my Board of Directors and the Federal Minister of Works and Housing, Dr. Wahab Dosumu. The accusation against me was my refusal to lend him the money mentioned above. He supported his accusation against me with spurious allegation that I was a die-hard UPN party supporter, who should not be allowed to hold any office under an NPN controlled government. He went on to falsely accuse me in his petition to the Board and my Minister that I used the Federal Mortgage Bank fund to finance "Ife Stores" at Ile-ife, his hometown. "Ife Stores" happens to belong to my sister, Chief Mrs Bola Adenuga (nee Bola Falegan, now deceased) married to late Prof. Ade Adenuga.

Ironically, this same "Ife Stores" caused a permanent scar between me and my sister, who out of ignorance and misinformation, felt I should lend money to her from FMBN to build "Ife Stores" - a purely commercial venture as against home-loan finance function of FMBN. I took her request to a commercial bank in Ibadan where I provided my personal surety for the loan to finance lfe Store.
I took two steps immediately I received a copy of Chief Remi Fanikayode's petition: I went to see Minister of Works and Housing, Dr. Wahab Dosumu with my letter of resignation as MD of FMBN. I stated my case before the Minister. He requested to know my next course of action and I told him I had my letter of resignation to hand over to him. To my pleasant surprise, the Minister said to me, "Chief, no you can't resign. One thing you don't know is that I have enough information about you as a man of integrity, hardworking and of unalloyed patriotism and commitment to whatever you do. I have a good report of you from Mr. Ola Vincent, the Governor of Central Bank. You see this is how the Yorubas destroy themselves and marginlise themselves from the government; so go back to your work. I have so directed the Board orally."

Thereafter I went straight to the Board, which was meeting at the time and they welcomed me with subdued word. To my surprise, the Board said Chief, don't be too upset. We in the NPN merely tolerate people like Chief Fani-Kayode in our Party for the spoiling role he had played in the Party. If Fani-kayode can betray Baba Awolowo, we had no cause to trust him.

The Central Bank Governor, Mr Ola Vincent later called me and advised me to take things easy. When the Ooni of Ife, Oba Okunade Sijuade, Olubuse II called me that he wanted to bring the two of us together as Nigerian knew what is happening between us. I did not mince words in letting Kabiyesi know that I preferred not to meet with Chief Remi FaniKayode ever in my life time, otherwise if I ever stretched my right hand to shake his own, my right hand would turn into a cutlass and I would cut him to pieces. Indeed I never met him and I read about his death and burial in the newspapers.

Chief S.B. Falegan concluded that going through Chief Remi Fani-Kayode's rascal antecedents in the Nigeria Politics during the NPN, Femi Fani-Kayode is a real son of his father and the public should appreciate his lies otherwise, if Femi FaniKayode could say President Jonathan government is a bad omen to the country and thereafter he decamped to the PDP and people can see him with his re-twisted propaganda taking after his father's styles.

_Copied_

3 Likes

Politics › Re: Don't Protest Or Rally In My Name — Igboho Warns From Beninese Prison by membranus: 6:36pm On Sep 17, 2021

Oracleforce:
Koiki don betray this man...and all those that he called his friends has backstabbed him... That is Yoruba people way.. Trust any Yoruba friend to your own peril...
Hausa -Fulani will ever support their own anyway and anytime either in serious trouble or deep shit if you doubt me as Abba Kyari de Tailor...but for Yoruba people, even his king in Oyo state retracted back Alaafin of Oyo saying....and siding the Hausa-Fulani people....
No problem, we will all suffer it together....when the Alafin of Oyo and Ooni of Ife is turn to common chief under Fulani Emirate Islamic council then our eyes go open....
J can observe massive influx of Aboki in Lagos state and all the part of the southwest region and their Buhari is building a railway to join Nigeria with the Niger Republic...we are waiting gradually...for Fulani people to complete what they have started since 1960..

You will be a good tribal lawyer, or should I say liar.

When are you collecting your law degree form? The Igbo people need your lying skills.

Politics › Re: Don't Protest Or Rally In My Name — Igboho Warns From Beninese Prison by membranus: 6:32pm On Sep 17, 2021

I have always known that the guy is a wrong mascot for the Yoruba Nation separation agenda.

Why? Because he is not educated and not smart enough. He is an over hyped tarmac tout deified by the ignorants because of his supposedly juju prowess.

The Yoruba Nation agitation is sailing forward with or without him, and will safely berth in the programmed dock of independence.

Politics › Re: Court Orders FG To Pay Igboho N20 Billion by membranus: 6:15pm On Sep 17, 2021

ChiefSosa:
Some dumbos are here laughing at Igboho, they don't know it's out of their tax that Sunday igboho will be paid!

Who cares? Let them give the whole budget to him.

Family › Re: Is This Chemistry Or Is It Bound To Happen In Marriage/relationship? by membranus: 6:10pm On Sep 17, 2021

longetivity:
I really wish to fall in love (romantic) one day, I want to know how it feels like

@longevity, you still have a very long time to spend on earth grin

. Don't be in too much of a hurry to experience love, take your time, love ❤ is waiting for you in the future. grin

Politics › Re: FCC: Reps Kick Against Buhari’s Appointment Of 2 Northerners As Chairman, Secret by membranus: 2:51pm On Sep 17, 2021

Ibkhaleel001:
PRESIDENT OLUSEGUN OBASANJO (OBJ) TREATMENT & COMING 2023

In the whole 8years of OBJ's administration he did not see a single Hausa/Fulani northerner worthy of appointment as Service Chief, IGP or DG (DSS). Victor Malu, Martin Luther Agwai, Jonah Wuyep, Luka Yusuf, Ibrahim Ogehi, then IGP Tafa Balogun, Musliu Smith, Sunday Ehindero, Mike Okiro up to the DG (DSS) Col. Aare (rtd), were his selected appointees to oversee our security architecture.

Where appointments were to be made from Kano or Sokoto (whole seat of Chaliphate) he would look for the Adamu Baikis, the Solomon Matankaris who are indegenous Christians of the area. If Hausas/Fulanis complained, Obj’s response was, “all the appointees were your people, brothers from the North”. Of course they were; he even used sme tactics to play a very dangerous divide and rule politics with northerners; his arrow - headmen, Jerry Gana & Solomon Lar were part and parcel of the Villa cabals, members of his kitchen cabinet who determined most appointment made by the government Agencies. Google all the very sensitive position then, there was no single Hausa or Fulani there. CBN, Joseph Sanusi later Soludo. Custom Buba Gyan, NNPC Edmund Dakoru, to mention just a few.

Never forget that OBJ flushed out more than 500 soldiers of Northern extraction, from the ranks of Major and above, who held political appointments during the past military administrations, including orderlies and ADCs. Those who survived his hammer, like Bamalli Nuhu were assembled and bombed in the mountainous region; between Benue and Cross River States.

Obasanjo’s civil service reform were mainly targeted at northerners who mostly, (80%) became victims; from NEPA,Maritime, NPA and Aviation etc. Northerners were major casualties. Similarly all the replacements that followed were from his kiths and kins, and his god sons.

Prior to 1999, more than 15 international airlines operate or had their routes to Kano, but Obasanjo made sure he decimated that to only 3 before he left. Very very fresh in our memories is how he stylishly killed all the Northern textiles, groundnuts and cotton pyramids as well as many other agronomic economies; particularly the poultry using the hoax claim of “birds flu” conspiracy that obliterated all major players in the sector, from northern region. He also deliberately opened our boarders for the importation of all kinds of agricultural goods, which tactically killed virtually all local industries in Kano, Kaduna, Gusau to mention just a few. He stated and ensured DIC and Peugeot and Steyr plants became comatose.virtually all critical northern enterprises were put out of business with deadly attendant consequences.

For example, in Kano alone there were more than 5000 factories / industries located in Challawa, Bompai and Sharada industrial estates. Before Obj’s tenure ended he made sure 80% of those factories folded up, and the remaining 20% were operating at half level, below minimal capacities due to his well designed, well executed, skewed economic policies.

Remember the housing, monetization and privatisation policies he used our people to execute? This program was conceptualised and well executed to basically empower his kiths and Kins to owned choice properties in Abuja and Lagos. The privatisation was used to catapult cronies and surrogates, as well as God sons, into multi-billionaires. People like Mike Adenuga, Fola Adeola, Jimoh Ibrahim, Jim Ovia, Chris and the Andy Ubahs, to mention just a few.

Most of these people were, prior to 1999, using night buses to & fro Lagos/Abuja. Incidentally within a span of short period, all were flying private jets,while the country, North in particular was rapidly sliding backwards. One can continue on and on; why the north and northerners tolerated all that, only God knows.

The current clamor for self determination by some states from previous regions are nothing but blackmails that, to me, are dead on arrival. Rather than experiencing the Obj treatment again, it suffices if every single region go its separate way. The north can not afford to make the 1999 blunder again. Democracy is a game of numbers; anybody who thinks he/she is competent to lead us should come out and contest. The north is not ready to concede to any blackmail.

Your submission is as usual filled with lies from the pit of hell against OBJ.

Where is the name of Dangote and Atiku who were the major beneficiaries of OBJ privatisation policies?

And most of those who you claimed were enriched by Obasanjo, like Fola Adeola and Adenuga, have been rich before he became president.

You were just manufacturing facts to suit your political lies.

But nevertheless I doff my cap for you, you are a good northern propagandist. You can easily paint the devil as a Saint, and vice versa.

7 Likes

Politics › Re: FCC: Reps Kick Against Buhari’s Appointment Of 2 Northerners As Chairman, Secret by membranus: 2:34pm On Sep 17, 2021

Ibkhaleel001:
Number of Federal Civil Servants State by State
1: Abia 3579
2. Adamawa 1727
3. Akwa Ibom 4416
4. Anambra 3576
5. Bauchi 1172
6. Bayelsa 957
7. Benue 3951
8. Borno 1822
9. Cross River 2681
10. Delta 4419
11. Ebonyi 865
12. Edo 3890
13. Ekiti 2613
14. Enugu 2695
15. FCT 533
16. Gombe 1218
17. Imo 5825
18. Jigawa 675
19. Kaduna 3199
20. Kano 1545
21. Katsina 1237
22. Kebbi 875
23. Kogi 5186
24. Kwara 2537
25. Lagos 2180
26. Nasarawa 1452
27. Niger 2193
28. Ogun 4669
29. Ondo 3393
30. Osun 3321
31. Oyo 3244
32. Plateau 2542
33. Rivers 1675
34. Sokoto 732
35. Taraba 1112
36. Yobe 744
37. Zamfara 543
Not specified 518
TOTAL: 89,511
By Dr Joe Abah - DG, Bureau of Public Service
Reforms". (C): Johnson Andrew, this is the Analyzed data based on population figures of each state.

THE DIRECTOR GENERAL OF PUBLIC SERVICE REFORMS, RELEASED STATISTICS OF EMPLOYMENTS INTO OUR PUBLIC SERVICE.
THE RAW FIGURES PER STATE ARE

(A). EMPLOYMENT INTO THE PUBLIC SERVICE
NE with a population of 19.0m has 7,793
NW with a population of 35.8m has 8,806
SE with a population of 16.4m has 16,540
NC with a population of 20.3m has 17,661
SS with a population of 21.0m has 18,038
SW with a population of 27.6m has 19,620

To appreciate this figures, it is necessary to find out how many employees are taken from every 1 million people in each of the geographical zones.

The result is:
1st. SE has 1,009 Employees per million
2nd. NC has 970 Employees per million
3rd. SS has 859 Employees per million
4th SW has 711 Employees per million
5th NE has 410 Employees per million
6th NW has 246 Employees per million

Here we can see that South Eastern Zone has over 1000 people engaged in the public service of Nigeria in every 1 million Igbo people, whereas only 246 people are engaged in North West!
Remember that this is the Zone of the President of Nigeria.

Curiously South West, the Zone of the Vice President is the least in Southern Nigeria with the employment of 711 people in a million.
It is pertinent to see the trend as regards Political Office holders. Probably, those that lost out in the Public Service, are compensated with Political offices. Let's perform sample surgical operation on the political employees.

(B . POLITICAL APPOINTMENT
We all have the statistics of political appointees of the current Buhari administration.
NW has 51political appointees from 7 states
NC has 47 political appointees from 6 states
NE has 45 political appointees from 6 states
SW has 45 political appointees from 6 states
SS has 45 political appointees from 6 States
SE has 41 political appointees from 5 states
These translate to:
1st. SE: 2.50 appointees in a million.
2nd. NE: 2.37 appointees in a million.
3rd. NC: 2.34 appointees in a million.
4th. SS: 2.14 appointees in a million.
5th. SW:1.63 appointees in a million.
6th. NW:1.42 appointees in a million.
Alternatively:
1st. SE: has 1 appointee in every 400,000
2nd. NE: has 1 appointee in every 422,000
3rd. NC: has 1 appointee in every 427,000
4th. SS: has 1 appointee in every 467,000
5th. SW: has 1 appointee in every 614,000
6th. NW: has 1 appointee in every 704,000

Once again topping the list of beneficiary is South East with one political appointee for every 400,000 people. As if it is an intentional act, NW, from where the President hails has the least of 1 political appointees for every 704, 000 people while the figure for Osinbajo's Zone is 614,000 and is the least in the South.

THIS IS NOT MY DEFINITION OF "MARGINALIZATION" BEING PEDDLED BY THE IGBOS THAT ARE, IN FACT THE BIGGEST BENEFICIARY IN NIGERIA. FIGURES DON'T LIE.

What makes me laugh is when i see some Yoruba crying for the Igbos when the latter talk about Marginalization. They should be crying for themselves.

How can we believe you, who is a renown Buharidin?

You might be cooking up figures to defend your Master.

3 Likes

Business › Re: CBN Shuts Down AbokiFX Bank Accounts by membranus: 2:26pm On Sep 17, 2021

HEAVEN4444:
Something strange is happening. GLOBAL RESET ? even sebastian BDC who post rates everyday has stopped doing it today.

https://sebastianbdc.com/

i think they may force the dollar down. global reset. maybe the world is about to move away from the dollar ? maybe they will globally force it down and then now maybe it will be 20 naira to 1 dollar

Have you woken up now?

Because the Dollar is still $1/N550.

Education › Re: Ibiyemi Olatunji-Bello As LASU VC: Lagos Indigenes Allege Marginalisation by membranus: 12:26pm On Sep 17, 2021

faithfull18:
Okay na, as long as she is from Ondo, we support her.

No we do not support her. The best should win, not the most influential.

Politics › Re: Gumi Calls Femi Fani-Kayode Judas Of Oduduwa After He Joined APC by membranus: 12:17pm On Sep 17, 2021

VEHINTOLAR:
FFK deserves whatever name he's called by baba Obasanjo or any other person ! Is he not living up to those names ? Isn't he a shameless political prostitute that's ready serve even the devil himself for a plate of porridge ?

Now,how could any sensible person label a decent tribe like Yoruba as being treacherous or call them betrayals because of the actions of a character like FFK ? If that's right,then it is safe to label all Igbo as criminals or all fulani as murderous !

"A ki ta araile eni lopo" in the context where I used it has nothing to do with FFK and sadly,it is only those that are suffering from dyslexia that would not realise my point therein !

Iran Yoruba gangan lohun ta lopo,ki i se Fani Kayode ! Ro' nun e ti o ba je ojulowo omo oko Yoruba !

Moreover I don't believe there is any Yorubaman of integrity who has ever consider Femi Fani Kayode a serious human being.

Politics › Re: Gumi Calls Femi Fani-Kayode Judas Of Oduduwa After He Joined APC by membranus: 12:14pm On Sep 17, 2021

MajorOvakporaye:
Typical afonja. Na dia way!

I thought the Edos and Waffians are Afonjas' cousins. So why are you abusing your cousins?

Politics › Re: Southern Governors Declare Support For States To Collect VAT by membranus: 7:15pm On Sep 16, 2021

eebraa:
Lol. Even states like Ekiti and Osun dey shout VAT.

Yes. They will be able to charge it appropriately in their respective state, and gain economic momentum by it.

Politics › Re: Akintoye On UN protest: FG planted IPOB banner among Yoruba Nation agitators by membranus: 3:59pm On Sep 16, 2021

JoeEeL:
Baba Akintoye, this is a waste of time, trying to differentiate IPOB from Biafra.

Whatever you do, the Nigerian government also views we Yoruba nation agitators as terrorists. They almost tried to proscribe us last month. I know this is what you're trying to avoid but they still eventually will. Also remember they tried to proscribe Afenifere.

We know what you're trying to do: try to involve the Igbos into the NINAS struggle without them branding themselves as IPOB.

They can't denounce themselves baba, believe me. Once the Igbos are convinced about something, you can't stop them again... not to talk of a name they adopt.

MR AKINTOYE, IF YOU KNOW YOU CAN'T WORK WITH IPOB, THEN LET'S RUN YORUBA NATION ALONE.

Enough of all this left-right talk that you'll be calling on Igbos and everyone to join march and when FG do small threat, you'll start changing mouth.

It is hurting the image of we Yorubas as double-edged people. You want them to add up the numbers but you don't want them to come with their IPOB name.

Mr Akintoye didnt start like this and I know its that Mr Nnadi and that Augusta girl wey get sharp mouth dey poison this man mind because anytime you watch NINAS shows on Youtube, it is these 2 that are always vehemently against IPOB, Biafra and Kanu.

IPOB, we are sorry. I know they are doing this because a condition of joining the UNPO is that one shouldnt carry weapons against the state, regardless if the reasons are understandable or not. NINAS doesnt want to be delisted from UNPO which is why they do this IPOB dissociation from time to time.

IPOB, we are sorry once again but I know they are all working underground. Because when Akintoye said this thing the first time earlier this year, MNK subsequent broadcasts did not condemn it (like one would expect). Someone also raised the question on Simon Ekpa's show again sometimes in March or so, Ekpa also did not condemn it and said the understanding is intact.

So they know more than we know guys. Let's chill and not hate ourselves pls. Thanks for understanding my gallant Igbos. Please.

I, as a Yoruba Nation/Separatist agitator, was not happy too with Prof. Akintoye speech as I was reading through it.

I therefore heartily subscribe to your submission above. Why dissociating the Yoruba Nation from the IPOB separation struggles. We are all fighting the same war with the same enemy, though with different strategies, but almost with the same aims.

But like you said, there may be some deeper understanding between the two struggles which are not open to us.

6 Likes

Family › Re: My Wife Left Me Because I Lost My Job. by membranus: 8:57am On Sep 16, 2021

Ammishaddai:
[s][/s] Oga shut the hell up!!! What do you know about a family...? So because he's out of a job his wife and the innocent children should starve abi...? Nonsense. Instead you telling him to get his lazy ass up to scrap around and hustle like a man, you're encouraging him to fold his hands here on Nairaland by looking for sympathy from people of his calibre . Nonsense. Later you'll say you're a man . Tueh !!!

Who is this stupid man spewing nonsense on an issue he knew next to nothing about?

I am very sure you have never been married, or a neophyte in marital life who has never face any trying time, or who has a source of illicit funds to rely on to keep a needy wife.

It is better you shut up if you have no good advice to contribute on any serious issue.

8 Likes

Health › Re: Help!! Withdrawals Symptoms From Anti Depressants by membranus: 1:00am On Sep 16, 2021

blackslayer:
General question! I already forgot about Nigeria having any future so i've not been following anything going on there.
Are things really bad in Nigeria at the moment? Exceptionally bad? So why are the citizens not marching and demanding a better country?

March and be killed.

That's the reason.

#Endsars2020.

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 1:03pm On Sep 14, 2021

Tinyemeka:
I'd beg to disagree on that.

Those banks have their Investment Banking divisions that provide services relating to advisory, due diligence, M&A, etc.

JP Morgan has a Private Equity holding (JP Morgan Partners LLC) not VC.

Modus operandi of VCs and PEs are quite different.

PE firms provide funding with a view to gaining majority control of an existing or mature firm. Firms that are well past their growth phase.

VCs on the other hand are not primarily interested in having majority control, but would rather provide funding to have a stake in early-stage startups that have a high potential for strong growth and performance. Those are the kind of partners OP should be looking for.

Banks and PE firms would rather be interested in investing in an already running company (usually one they deem to be under-performing and under-estimated, take control of the company's management and operations, turn it around for the better and then sell it off - exit the investment per se - when the fortunes of the acquired company have improved).

https://www.reuters.com/article/jp-morgan-moves-venture-capital-idUSL2N27L0AR

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 12:08pm On Sep 14, 2021

Shokoloko:
Venture capital is not another form of banking. A venture capital (VC) fund is a sum of money investors commit for investment in early-stage companies. The investors who supply the fund with money are designated as limited partners.

https://www.reuters.com/article/jp-morgan-moves-venture-capital-idUSL2N27L0AR

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 11:21am On Sep 14, 2021

Tinyemeka:
VC firms are not banks. And the OP did not approach a VC firm.

JP Morgan, and other Investment Banks, have venture capital division.

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 11:14am On Sep 14, 2021

einsteine:
Banks don't provide loans to start ups.

Stop saying what you don't know.

VC firms are the ones who provide funding for startups.

Banks only provide growth capital after you have proven viability and even so, most banks are collaterized or based on particular projects cashflow.

Have you ever heard of venture capitals firms set up across the globe, which are another form banking and financial credit source. Their major focus for credit provision are technological start ups.

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 11:09am On Sep 14, 2021

Shokoloko:
I have pulled out how the four entities you quoted started. Please take some time to read it as none were started with bank loans.
Thanks

Nobody ever starts any business with a bank loan. You start with your own little contribution, and thereafter to boost it, you seek for bank credit. But as long as you are still managing your business with your little fund, you are a start up.

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 11:03am On Sep 14, 2021

Shokoloko:
In 1975, the 20-year-old Jobs and Wozniak set up shop in Jobs' parents' garage, dubbed the venture Apple, and began working on the prototype of the Apple I. To generate the $1,350 in capital they used to start Apple, Steve Jobs sold his Volkswagen microbus, and Steve Wozniak sold his Hewlett-Packard calculator

Did Bill Gates borrow money to start Microsoft?
Gates reportedly called MITS (the maker of the Altair 8800) from his dorm room and offered to create software for it. MITS readily accepted and both Gates and Allen set to work. By 1975, the pair sold the software (as the programming language "BASIC" to MITS for $3,000 plus royalties

Where did Larry Page get money for Google?
In order to further their search engine, Page and Brin raised about $1 million in outside financing from investors, family, and friends. They called their expanded search engine Google—a name derived from a misspelling of the word googol (a mathematical term for the number 1 followed by 100 zeros).

Did Jeff Bezos start with a loan?
Amazon.com: Founder Jeff Bezos got a $100,000 investment from his parents to start the famous online store.

Even foreign banks will want to see some small scale success.

You can see that the four entities you quoted were not funded with bank loans

So in your own view it is those little funds they contributed to their inspiration that make them the big technology giants they are today.

Why don't you dig deeper and reel out their debt profiles with banks before they become the cash cows they now are.

There are always a beginning for any business, and in a sane climate, banks are always willing to help any customer with a good business plan.

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 10:39am On Sep 14, 2021

Shokoloko:
Because banks do not have any money of their own. They hold other people's money you can only access a loan after you have succeeded in the business on a small scale.
I personally do not consent that the bank use my money to fund start ups or ideas.
In fact there is no bank shareholder will consent to that

This a very myopic opinion.
If the foreign banks have been doing this to their customers, do you think we would have seen the likes of Apple, Microsoft, Google, Amazon on the world stage. This set of companies were also start ups at their initial stage who benefitted from their banks assistance, at which the banks are also benefitting immensely from their patronage.

Nigerian banks are generally risk averse, that is why they will continue to remain local champions, ripping off innocent customers with illegal charges.

1 Like

Career › Re: My Experience Visiting A Bank For Loan As An Entrepreneur by membranus: 10:30am On Sep 14, 2021

The problem is that most banks have sent their long serving, and therefore widely experienced and competent staffs home, under the guise of cutting cost and improving profitability.

Their present crops of staff are mostly newbies, with little or no knowledge or experience about loan and credit processing. Moreover they have less passion for the job because they know that their bank managements can also dispense with their service at will, in the same manner they treated their former senior colleagues.

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Politics › Re: Naira-Throwing Fraud Suspects Arrested In Benin by membranus: 9:27pm On Sep 13, 2021

Hope Nairaland slawomirr is not among them?

That will stop his illicit boast in crime.

Politics › Re: Naira-Throwing Fraud Suspects Arrested In Benin by membranus: 9:23pm On Sep 13, 2021

AK481:
Any proof they are yahoo ?

All the proofs are inside their individual laptops and phone sets, and in the illegal assets they acquired with no legal sources of income.

Shame on them!!!

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Education › Re: What Difficult Truth Did You Finally Accept by membranus: 7:02pm On Sep 13, 2021

That DEATH is no more terrifying if you are in CHRIST.

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Education › Re: UNILAG Ordered To Close All Its Accounts In Commercial Banks by membranus: 10:15am On Sep 13, 2021

OBALOLA55:
GOOD

THAT’S MY ALMA MATTER

FOR ONE NIGERIANISTS, WITHDRAW ALL THE MONEY YOU HAVE IN YOUR ZOO BANK ACCOUNT NOW THAT YOU CAN!!!

INVEST YOUR MONEY IN CRYPTO CURRENCY IN ORDER TO AVOID STORIES THAT TOUCH.

NIGERIA IS NOT WORKING AND IT CAN NEVER WORK.

SENSIBLE MALLAMS LIKE MALLAMI DON DEY INVEST IN CRYPTO SINCE 2018

SHINE YA EYES GUYS

Crypto that is falling like a pack of cards, and will continue falling, as governments are creating their own digital currencies everywhere, is what you are promoting here.

Oga look for a better job.

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Politics › Re: Peter Obi: FG's GDP Growth Meaningless With Rising Poverty by membranus: 10:06am On Sep 13, 2021

PIMPAR:
Stop deciving yourself , no one in Yoruba land will vote for a tribal bigot like Obi.

You are the one deceiving yourself.

I will gladly vote for him, including other worthwhile Yoruba PDP members.

Politics › Re: Peter Obi: FG's GDP Growth Meaningless With Rising Poverty by membranus: 9:57am On Sep 13, 2021

Obi is the only credible leader from the South, that I as a Yoruba man, will readily vote for, if not for my resolute stance on REGIONAL SEPARATION as the best path to modernisation for Nigeria.

#YorubaNation.

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