₦airaland Forum

Payunsin:
My farm is in Ibadan in a year I sell over 2000 bags of litter. The buyers are mainly 99% from the north and this is the same way they buy From all my co farmers.
how can you believe a person that transport a trailer load of litter from Ibadan to the North is stupid.
Relax and learn opportunities remain in this country..
This litter you are talking about is a huge business, there is a place called Akindele in Ibadan, lots of people are making a living from it.

Agbalowomeri:
Una go dey trust Wale

He is mentoring another CEO on NGX

KarlTom:
I have been trying to decipher the reason for the delay in distributing the bonus.

With this discovery, I am trying to hope that Mr Wale has not dribbled investors...

KarlTom:
OandO faithfuls, I just discovered something dark...

Ovamboland:
Can you explain how to end the increasingly unaffordable fuel subsidy, subsidy on currency exchange rate for the connected, electricity subsidy that is still racking up debts, without retail prices of these items increasing, rebalancing and finding their true value,

It's very easy to share impractical theories

KarlTom:
Hmmm.

IF Alhaji really does not list on the LSE, does it mean he doesn't really know the bolded?

Don't underestimate the facilities/foresight these moneybags have at their disposal...

emmanuelewumi:
[b]Atedo no get the liver for serious investment and business again ooo[/b]o


Make he just dey chop his dividends and other investment income.

Do you think he has the gut to join resources with others to now build another refinery in Rivers State or start a business that will create jobs for the people in his village.

Compared to the Rabiu, Dangote, Elumelu and see opportunities

pluto09:
You want to compare how SLS or Peterside criticize the government to how some people do it here.
For the record, SLS has acknowledged that Tinubu did well by removing fuel subsidy and floating the naira. That is not the same with people who will tell you that the president has not gotten anything right since he came to power.

KarlTom:
You are making two contradictory points in the bolded.

IF indeed he is selling off, that must mean that he is actually well informed on the prospects of the NGN.
It doesn't negate the fact that he will definitely return... #JIJO

KarlTom:
Why is no one talking about the drop in gold prices

emmanuelewumi:
But Atedo Peterside is fully invested in Nigeria, I am sure he has started converting some of his forex to Naira

emmanuelewumi:
Unfortunately people who always blame government hardly go far in business and investment.

emmanuelewumi:
My village is in Ogun State, we have some Chinese manufacturing plants and businesses in the village, but in the last 2 years all of them have expanded their capacities and new businesses sprang up. They are seeing what majority of us are not seeing.

And the businesses they are into are so boring, I guess there must be huge profits in those boring businesses.

Just like NGX banking sector is for predictable dividends except for Access Bank that disappointed, the money making businesses on NGX are doing boring businesses and they are making big return on equity and high net profit margin

emmanuelewumi:
Unfortunately the eye of the average Nigerian is not trained to see the enormous opportunities in this economy at this point in time.

emmanuelewumi:
[That is why we have a responsibility to inform people around us about the wealth creating ability of the stock market

Some of us started with less than N5000 few years ago and now have portfolios valued at hundreds of millions of Naira at the minimum, some have more than that.

By the way N30 million in 2023 is less than $70,000 and N250 million in 2025 is now over $170,000

emmanuelewumi:
What was the value of his N30 million in 2023 (in dollars) when this government took over and what is the current now worth of his N250 million in dollars in 2025

Payunsin:
I don't understand ooo.
Yes the macro economic performance is very, very, very bad does that mean we should not appreciate the NGX performance?
I macro us down n NGX is down no be double jeopardy.

perfectgen:
You have made some points, but let us ask ourselves the question of why we are quick to use the dollar exchange rate when we see that there is some level of measurable progress. If he wanted to make dollars, would he invest in NGX? Evidently, no, he would have invested in the NYSE. So telling you that he made tangible profit in naira is valid and commensurate. While we are at it; are we now spending dollars in Nigeria? will he also convert the naira profit he made to dollars when he wants to buy land, buy houses, buy foodstuff, or pay for school fees and basic necessities? If he is paying naira, whose parity is far below that of the dollar, it is a gain for him.

Payunsin:
Did I say the government is good?
Street was condemning the market performance under Tinubu my take is that ,it's not a fair criticism.
Of course people are suffering under this administration, I am a farmer and very close to the grassroots.
But I still insist the two main policies that caused the hardship subsidy removal n floating of the Naira, I supported it cos both were not sustainable.

guyzgirl:
Woke up this morning thinking about this as well, could the gradual general drop is share prices of banks, be an indication of gradual pull out of investors in anticipation of the CGT?

motymop:
those investors do not want to pay capital gain on their profit, so they use the media to attack the man.

the funniest stuff is that there are loopholes in the law that can help you not to pay capital gains

Payunsin:
Under this failed Tinubu government,:I have made over 250m from less than 30m investment in the stock market. My brother your Critisism don turn foolishness for this stock market ooo.
Recheck the stock market index pre Tinubu n now.
As I always tell you , if u don't see any positive from this government, you also will not see anything under Obi ooo. Dem be Same opo.
I find it very strange to criticise Tinubu for this present fantastic NGX performance under his watch.

Estello:
𝐒𝐞𝐭𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐞𝐜𝐨𝐫𝐝 𝐒𝐭𝐫𝐚𝐢𝐠𝐡𝐭 𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐆𝐚𝐢𝐧𝐬 𝐓𝐚𝐱 – 𝐓𝐚𝐢𝐰𝐨 𝐎𝐲𝐞𝐝𝐞𝐥𝐞


https://x.com/taiwoyedele/status/1982747202335162835?t=Fr8eX0cgj2mJz9VLuhgQAQ&s=19[/quote]This is what I was saying: this Taiwo Oyedele may destroy his own reputation because of the CGT nonsense by this govt.
He is now being very defensive, defending an obvious poorly thought-out policy instead of taking the criticisms as feedback to his master in Aso Rock.
Like someone said, he is the only person that seems to understand and agree with this CGT of 30% (it was 10% in Finance Act 2021 but the govt did not implement it)

KarlTom:
Ding

Mirasteel:
There's Google at the tip of your fingertips, use it. Read who started displacing Palestinians from their homes and stealing their lands.

cantiride2:
I think one thing that can also change things is Wale Tinubu leaving the role of the ceo.

Fore811002:
Defintely not these Jews The scriptures is talking about ?And please make your research very well and don’t be sentimental if you need references I can help .i don’t think it’s about this your long write up .its about been sure of what you are saying not been bias .How does this make sense to you .Go and check k world map before 1947 ,There was nothing like isreal and palentine is there .Why are you been white washed by Zionist .

Fore811002:
. Prior to 1948, maps of the region showed the British Mandate of Palestine, not a country named Israel. While the modern state of Israel was not officially established until May 14, 1948, the name "Israel" was on maps and used in reference to the area for thousands of years in other contexts, including:
Ancient Israelite kingdoms: Records confirm the existence of ancient Israelite kingdoms in the region, with archaeological evidence dating back to the late second millennium BCE. For example, the Merneptah Stele from Egypt (c. 1208 BCE) includes the earliest known mention of "Israel" as a people inhabiting the land of Canaan.
The Northern Kingdom of Israel: Around the 10th century BCE, the area was split into two separate kingdoms: the Kingdom of Judah in the south and the Northern Kingdom of Israel. The northern kingdom was conquered by the Assyrian empire around 720 BCE.
The Roman province of Judea: Following Jewish rebellions, the Romans sought to erase the Jewish connection to the land. In 135 CE, they renamed the province of Judea to "Syria Palaestina".
A geographical name: The name "Palestine" is older than the modern state of Israel, as Greek writers like Herodotus first used the name to describe the coastal region in the 5th century BCE.
Under the British Mandate: Before 1948, the area was administered by Great Britain and formally known as Mandatory Palestine. However, official documents in Hebrew also included the name "Eretz Yisrael" (the Land of Israel), reflecting the ongoing Jewish cultural and religious connection to the land.
The maps available today from the British Mandate era illustrate Palestine's towns, villages, and infrastructure, but not a state of Israel. The modern-day borders of Israel were drawn after the 1948 Arab-Israeli War.

Raider76:
When is the next acquisition by Oando? It seems to me that is the only thing that moves its price historically.

PMForce:
Did you add that those jews were shipped from Europe to Palestine?