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Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 3:14am On Aug 21, 2013
Symphony007: @excel..Why do you ignore the basic points on my post?


6.my dear, there is no "califonia board" currently rejecting the idea. Prop 1 been voted and approved of by the people of califonia and gov. Jerry brown has already signed it into law. The project has already been fully payed for with califonia bringing a large chunk and the feds adding there's. Talks about debt and more cost are peddled by republicans who want no infastructural spending in califonia.

7.correction, califonia is not paying for it alone, the federal government is making and input because the network is so elaborate they are looking at 60 billion dollars to finish it. Nigeria is not going for a 60 billion dollars project. We are connecting the two commercial hubs of nigeria lagos and port harcourt which is a fraction of the califonia project that will cost them 2.9 billion. After that is complete, the rewards will be a determination if we go futhur. Simple.

Lol

Fully paid for? Now I know that you're onto something, my sincere advise is PLEASE (IN CAPS), PLEASE read their business plan again. To say that the project has been FULLY PAID FOR, whereas about 10% of the money has been realized so far is nothing short of lies... My goodness.

http://www.hsr.ca.gov/docs/about/business_plans/BPlan_2012ExecSum.pdf

On pg 15 of this link, directly from the horses mouth, you will see the table... This should shed more light on your peddled misconceptions.

As for your other talks, I tried making sense out of it, but I couldn't. For the first phase of financing of what you reference as "Madera to Bakersfield" is 136 Miles NOT your proposed 380 miles...lol and it's costing $6billion just the fist part of the first phase... Heck, here is the link http://www.hsr.ca.gov/About/Funding_Finance/index.html
Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 3:02am On Aug 21, 2013
Symphony007: @excel..Why do you ignore the basic points on my post?
1.your estimate on how much it will cost is groosly overestimated, i just told you of califonia's 2.5 billion for the meader to bakersfield which by nigerian standard is lagos to port harcourt, i put my estimate at 5 to 6 billion.


Grossly overestimated? How about you digest these links for the actual figures

I'm no fan of wiki, but it will help - http://en.wikipedia.org/wiki/California_High-Speed_Rail

From the economist -

From the SF Bay area newspaper - http://sanfrancisco.cbslocal.com/2013/06/06/board-expected-to-approve-contract-for-1st-segment-of-california-high-speed-rail-line/

From Citizens Against Waste (CAGW) - http://cagw.org/media/wastewatcher/california-high-speed-rail-way-track

Finally from the horses mouth - cost reduction - http://www.hsr.ca.gov/docs/about/business_plans/BPlan_2012Fact_Sheet.pdf

You say Lagos to Port Harcourt (380 miles) to be $5 to $6billion? You really need to look at their fact sheets and business plan once more because people like you are easily carried away. No need for putting your estimate, the cost of CA HSR was estimated at $68billion, this is the total cost (down from $98billion). That it's built in phases is something else different.

2. Nigeria is planning to spend nearly 18 billion on airplanes and already billions have gone into the existing locomotives so how is the funds not there to fund it?

The way you guys throw your fictitious figures is not only annoying but makes people like me angry. Do you know what $18billion is? Or are you talking about Naira? Besides airplanes/airlines operate well without government subsidy, airplanes are not FIXED capital intensive like rails, and thus are likely to get get financed than rail will. You keep saying about funds, I asked you to look at my calculation, if you have issues with it, kindly say so. Nigeria spent all that money on rehabilitation because it was budgeted for. Nigeria did not spend billions on locos, but rehab of the track/signaling systems to begin with, a whole lot was spent to bring them to a state of order. Go to FMF website, it will better educate you on the rehab projects.

3. Yes, mass transist of people, goods and services spread wealth and develop economies. Since you don't know economics, let me luminate you. This singular reason is why the u.k is building a HSR from london to yorkshire, that is even the primary reason for the califonia HSR.

Lol, each time you keep "TRYING" to prove a point, you keep falling back making yourself look ignant(Cameroonian way of saying ignorant). Perhaps you missed the memo, here it is again

4). Quick mass transit will spread the nations wealth? Really? Is that what you were taught in economics?

Making a bogus and unvalidated emphasis that "quick mass transit" will spread the nations wealth is not only misleading but mischievous. I'm no economic expert, and I try not to claim one, but listen carefully now, mass transit is part of public infrastructure aimed at improving, growing/developing the economy. A growing economy doesn't necessarily translate into wealth of citizens, Nigeria is a case study.

Spreading of wealth on the other hand are engineered fiscal policies that encourage increased income such as jobs, entrepreneurship, manufacturing, agriculture, low taxes, etc. These two terms though related have different meanings. You need quick mass transit to do business, yes it helps, but mass transit in it's entirety does not distribute wealth, you have to create the environment first using policies. That is why states like Rivers are building thier monorail, how will that spread the states wealth when there isn't any wealth/income factor? So again, I ask

4). Quick mass transit will spread the nations wealth? Really? Is that what you were taught in economics?

4. Your estimate is groosly overestimated. It cost 2.9 billion to build the califonia meader bakerfiels line, i estimate nigeria's to be about 6 to 7 billion due to our disperity in power production to run the lines and other overhead cost. And if this money is carefully implemented in the nigerian budget in a span of years with cut backs to 30 million salaries and billions on planes,etc..it will not add a cent to our debt.

Like I said, I won't argue CA rail with you any further...Here is a good link for you

http://www.hsr.ca.gov/About/Business_Plans/2012_Business_Plan.html

5. The per capital of the state of califonia is more than the average nigeria but the population of nigeria is tripple that of califonia with a faster rising middle class and consumer base.


Lol, middle class? How about you compute what your "middle class" earners are, then equate it to the average middle class in CA, and then tell me what your findings are... You're funny as hell. Isn't per capita income equated as average, so please when you're done, bring forth your results. CA state is FLAT OUT BROKE, but hell the residents aren't... so please, drop that line of argument.
Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 12:16am On Aug 21, 2013
Symphony007: you has now narrowed down your premise to revenue. How much revenue will it yeild after it's construction but you fail to understand that wnen a government undergoes capital project, profit is secondary, the bigger picture, how it will impact the country is primary. You yourself said most countries who build HSR record lots of losses but why do they still continue and even expand it? Why are other countries adopting it? Because the real profit is in the nation's economy....quick mass transit of people will spread this country's wealth and economic activities to other cities, lagos will be decongested massively because i can be living in benin city and working on lagos island. Today the british government has flagged off plans to build a high speed rail linking london to yorkshire in the north of england. This is geared at moving wealth, commerce and population away from london and into the rest of the country.

Califonia will soon start it's HSR, they are spending 2.5 billion dollars for the intial phase which will run through meader and bakersfield in central valley which by nigerian standards a approximately lagos to port harcourt. This will create over 4,000 jobs and revenue by 2023 is projected at 22.9 billion dollars and mind you califonia is not half the population of nigeria but it is half the landmass of nigeria. Remind me how much nigeria wants to spend on planes, how much have they spent so far on locomotives? Facts don't lie.

One more reason why I'm about to quit this argument with you, you're all over the place...

1). I did not "NARROW" down my argument to revenue, my initial post is there for ALL to see, I was responding to you and I clearly marked out what I was referring to.

2). I think you should take @Jmaine's advice: READ CAREFULLY. My post DID NOT, NEVER mentioned "PROFIT", I only talked about the cost and revenues generated, does it equal? The cost outweighs the benefits, that was my argument..

3). So you'd rather your country pile up a $15 debt just to satisfy your rush? Besides, I never said most countries build HSR, what I said was "WEALTHY COUNTRIES" commonly known to Asia and Middle East, however, most train operators/systems tend to run in losses.

4). Quick mass transit will spread the nations wealth? Really? Is that what you were taught in economics?

I'm glad you mentioned CA, what you failed to understand is

A. CA has 5x the size of GDP and Revenue than Nigeria does,

B. The per capita of the state is one of the highest than the average Nigerian

C. CA board constantly rejected the HSR idea because of the increased cost, and while at it, please read up to know when they will be done paying up for it.

D. CA may be able to afford it, I mean CA is the no 1 state in GDP, so why not? but Nigeria CANNOT.


Oh I forgot to add, the cost for the rail line is running up to $68billion where as 12.5 has just been funded if I'm correct, the remaining is still in limbo. I will start posting news articles supporting reasons why many have opposed the idea rather than support it. I forgot to add, I haven't said the economic benefits aren't there, but when compared to the pile of billion $$$ debts, question remains, IS IT WORTH IT?
Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 11:56pm On Aug 20, 2013
Mr excel and his cronies focus on immediate profit but fail to understand that governments do not undergo projects for immediate profit but residual. Calculate what the mass movement of people around nigeria will do for our economy, the decongestion of lagos, increased accesibility to other cities. Right now the british government is thinking of decongesting london and moving more buisness and people up north and a high speed rail is the best medium is there pick and work will soon start, china's high speed rails has made a country so wide it is divided into provinces to be accesible to all it's citizens. Think friends....think!! Common sense ain't common.

I thought of replying this, but it sure ain't worth it.

If you need real-time, researched calculation, just let me know. Abt three years ago, I worked on something similar like this, and I can help give you FACTS, not sentiments.

Bottomline:

A. Nigerians need to be thankful for what they have before expecting more.

B. Nigeria will get there someday, but for now, we're laying the foundation for the good works

C. Finally, Nigeria cannot afford this luxurious day dreams of some of you, live in reality... GEJ has set the ball in motion, if the Railway Act is amended or even repealed and stared all over again, perhaps, it will give room for private investors willing to take the risk, as long as you and I are will to shell out the money for something good. grin grin
Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 11:50pm On Aug 20, 2013
Symphony007: the 5,000 naira is my estimate which might vary depending on the class.(first class, buisness and coach) futher profit will be made from cargo transportation. Guess mr excel forgot to add that to his "elaborate estimate" there is no way a train ride will cost over 40,000, it is stupid and counter productive. It will be affordable to as to draw more customer and enhance it's primary goal which is making the country smaller and mass transport of goods and services.


Lol, this is the reason why I hate having arguments with people like you but I have no problem educating you. If you read my posts very clearly, I simply analyzed based on cost/mile trip, now however the rail transport company wanna split it (First, Business or Economy) is up to them, however, economy is your "supposed" niche market, not necessarily your money maker.


This is the more reason why you have to listen to Jmaine, he told you

[size=16pt]GO BACK AND REREAD MY POST [/size]

I will break it down for you even further, in transportation economics calculation, nothing complex, let's take a simple look using your car as an example.

Case 1:


David wants to travel from Lagos to Kano which measures 1,000miles in distance, he's driving a Honda that has 5seats and uses approximately 25mpg (mile-per-gallon), assuming that the cost of gas is $3.50/gallon, how much will David's trip cost?

In this scenario, the DC (Direct Cost) is FUEL.. Nothing more, therefore, David will incur about $140/1,000 miles. Now you have seen that I did not make ANY mistake

Airlines use this same model I used which is often referred to as DC-CASM (Direct Cost-Available Seat Mile). Using the same model, airlines DC-CASM is about $0.12 and RASM is about $0.18, now you see why on a 1,000mile trip, you can buy a ticket @ a good price for about $180 - $250, same rule.

Now you can see why I said the govt has to heavily subsidize it because if we're to account all the cost associated with operating a train let alone an HSR is expensive. In fact, it's cost up to $30/mile to operate an HSR. From electrical consumption, to labor, to ROW fees, to navigation to a rack of shit. In fact, let us test this theory.

An average HSR uses about 25kw -40kw/km of electric consumption or 40kw - 65kw/miles...

With a fair average of say 55kw/miles x 1,000 miles = 55,000kw of electric consumption.

Multiply 55,000 kw of consumption x $0.08, that's about $4,400 for just electric consumption, and this by far is a very fair "conservative" estimate for a 6-car train. When the trains are much more, run faster, etc... more power is consumed and more energy is needed. In reality, electrical power needed to crank up these trains run into the mid ten thousands. This is for electricity. Account for cost of depreciation, capital, labor, etc... Then tell me what you have... So yes, I was correct in my calculation when I said tickets can go for about $300 if govt doesn't subsidize it... SUBSIDY being the keyword.

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Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 11:14pm On Aug 20, 2013
Symphony007: @mrexcel.....thanks for your cool write up but i won't go as long as you did. I'll surmarize my points in a few words. Nigeria has the population that is willing to spend money on mass movement. Air travel is very expensive even for the buisness man who uses it and the poor who don't so imagine a comfortable rail network that is fast and everyone can afford based on their class. It will be a revenue boom, it will make nigeria smaller, i can live in one city and work in another, buisness will flow, that is the parameter contries like china and india use when building stuff like this. They have the population that needs moving and that is why gulf nations with all their money don't build it because, there is no one to use it. The revenue from it will far surpass whatever was spent. All your figures are nice but they don't cut to the chase. We can afford it and the benefits both in revenue and optics will surpass the cost. I refer you to my above posts for futhur explanations.

What you fail to understand is finance and sentiments DO NOT MIX, just like oil and water do not mix. Your hypothetical that it's a revenue boom is merely a fallacy which is nonexistent. You talk about air travel, does it ever occur to you why air travel is a enormously expensive is because of the

A. The cost of doing business (which accounts for more than 60%)

B. The greed factor (accounts for about 25%)

C. Other factors (other 15%).

My estimates were "CONSERVATIVE" meaning that these are unlikely scenarios and close to nonexistent. In our modern capitalist world, cost of capital is VERY EXPENSIVE, who will borrow you funds for 1% interest rate? What capital investor will invest in a project like these with 10% down from Nigeria? These are the "very unlikely" scenarios I was talking about.

Now if you account for costs listed above, my $300/ticket is more likely to be about $500/$600, is this the price people are willing to pay? You talk about China and India, these countries have "TRILLION $$$ GDP's and have a "STABLE" economic environment, Nigeria DOESN'T.

Until you're able to put forth calculations telling me how revenue will stream in, at least to justify the costs, all of these are mere speculations, it WILL NOT WORK. I calculated for you using simple calculations explaining costs, and how it's expensive without intervention like subsidies, you tell me how it works.

When you go to an Analysts office and ask for cost/revenue scenario, what I have written is 10% of what you will get. Realism and facts will hit you on the face, then you will know that Nigeria CANNOT afford it. China can afford a $14billion rail system over a 1,000miles because they gat the money, U.S., poor countries like US and Nigeria cannot afford it... SIMPLE.

Have you stopped to think why Lagos didn't opt for the HSR lines, I mean Lagos claims 17million people, accounting for about 20% of Nigerian GDP, Lagos by default is the perfect city/state model for HSR, yet, they went for the regular intercity metro rail. What does that tell you? Why is Lagos different? According to LASG, it will concession off the operations and lease ROW(Right-Of-Way) tracks to the companies who pay fees, besides, the KEY FACTOR is that Lagos Rail has a potential of eventually carrying up to 1million passengers daily. This is the estimated forecast, at least, the bigger number of riders will justify for the associated costs.
Sports / Re: Darren Young WWE Wrestler Is Gay by MrExcel1: 3:17am On Aug 20, 2013
50calibre:


There are a few gay guys who might be strong enough, the ones who play the male role in their relationships, they appear and act masculine, you won't know they are gay if they didnt tell you, those ones I don't mind provided they don't flaunt their gay lifestyle in my face.

The ones I absolutely detest are the flaming gays, the guys who dress, talks and acts like a woman, I can't stand them, I might assail such people if they came close to me with that attitude.

How do you know so much details like this - the masc and the flaunting "flaming" ones? shocked shocked shocked shocked

It's only women or even gay people that use that word in bold, so how do u know they are "flaming"?

You're suspect

1 Like

Politics / Re: Jonathan's Rail Revitalization: A Shamefull Missed Opportunity. by MrExcel1: 2:05am On Aug 20, 2013
Symphony007: nigeria will not struggle to build a high speed rail network between lagos and port harcourt. The money is there. This country is the 6th largest oil producer on earth and has the 9th largest deposite of natural gas, not to talk of shale gas. Calculate all the money stolen in this country, calculate the over 30 million each member of the 360 member house of rep and 109 senators get from this country, calculate the billions spent on presidential food. Operating over 8 presidential jets. Etc...this country has the money and can afford it.

Let's take a closer look at your false claim and I will try to break it down for you

Cost standpoint


A. The average/mile for a HSR line is about $30million, however, let's take a more conservative estimate by scaling down by 50% = $15million (which is very nearly impossible). Look no further to Lagos that is building their red and blue line for an approximate of $21million/mile and theirs isn't HSR.

B. The rehabilitated rail line network is more than 1,000miles, for a safe estimate, we will assume it's 1,000miles

C. Multiply that figure: $15million x 1,000miles of new network = $15billion.

This is associated "DIRECT" cost with rail lines including the depot centers, centenary wires etc. However, the indirect cost such as rail stations, fare collections system, rail supervisory systems etc hasn't been factored in. Electric power in Nigeria isn't stable so mini power stations go to be constructed to support the system which hasn't been factored in. The you have the rolling stock which costs tens of million of $$$ and this hasn't been factored in. Add another 5% of the cost amount to take care of these (I'm only being conservative), so cost wise, give or take that gives you $15.75 billion required.

Revenue standpoint.


Nigeria's revenue is how you see it. Nigeria generates about 2.3million barrels of oil/gas daily of which about 40% goes to IOC based upon our agreement (now you wonder why the PIB bill hasn't been passed). From this 60% of money coming in, according to RMFAC (Revenue Mobilization, XX Committee), the one's responsible for coming up with the sharing formula, the FG has a 45% share of the revenue. Lest I forget, other fees associated with this hasn't been accounted for.

Now fast forward to Nigerian budget, about 50% of our budget is financed through oil/gas allocated revenues, about 20% is financed through debt instrument while the other 30% is through non-oil tax receipts such as VAT, corporate taxes, customs/exercise duties etc. This bulk figure is what represents about $31billion from Nigeria's budget.

Now look at these figures VERY CAREFULLY and then tell me, if you spend $15.75billion on rail (about half of your budget), would other areas be lagging? You talk about theft/corruption in governance, you forget so quickly that the PIB bill addresses oil theft which is costing Nigerians about $3.5million daily. Isn't it government officials that are stealing these resources? Search for news reports from last week, this issue was addressed aggressively, reasons why Nigerian legislature needs to strengthen the oil/gas industry to reduce (not eliminate) theft.


Now, since we know that financing $15billion from the budget is unrealistic, let's take a hypothetical - DEBT (loans)

Assuming that Nigeria were to raise 10% of that amount which is pretty much a conservative standard, about $14.175 or $14.18billion if financed. Moving on....

Assuming these parameters

1% interest rate (VERY CONSERVATIVE)

30 years loan term (standard considering the high amount = lower monthly payments)

Given these, Nigeria will have to pay $45.60 million MONTHLY as payments FOR 30 YEARS. This is just to afford the system. We have stated the costs associated with borrowing, now lets deal with a revenue-expense comparison.

Revenue and Expense


On the issue of operational costs, all direct costs (overhead, variable or other) associated with operations of the trains: power consumption, direct maintenance(overhead, parts and labor), depreciation etc are computed as the Direct-Cost Available Seat Miles. All summed into one, the average costs per seat mile is about $0.15/mile and this is with subsidy, remove subsidy and it's almost twice the amount. Keep in mind this is a conservative estimate.

Given RASM is 2x the amount of CASM = $0.30/mile, assuming that a Lagos to Kano is about 1,000 miles and granted you will get to destination in about 4hrs, how many of you Nigerians are willing to shell out

=1,000 x $0.30 = $300... So how many will afford the $300 ticket for a 1,000mile trip?

Let us check our ability to fulfill our monthly $45.60million debt obligation

Daily Debt obligation = $45.60million/30 days = $1,519,747 or $1.52million daily

Therefore, just to pay back our monthly debt (less other expense obligation), at $300/trip, you would have to sell $1,519,747/ $300 per ticket = 5,066 tickets.

Now ask yourselves, can NRC sell 5,066 tickets daily? This is just to pay DEBTS only. Keeping a realistic approach, can the trains shuttle 5x a day @ 4hrs a trip x 1000 passenger per trip to = 5,000+ tickets? Does it sound realistic to you?



Should NRC decide to reduce the ticket amount by just 1%, the break-even tickets will increase by 1%..


Now I did not forget all that you listed above, keep in mind those billion are accounted for in the budget: the reps salary are under the "Statutory allocation" = 9% of the budget, and for the record, there were no billion of Naira spent on presidential food. As for the jets, the fleets were downsized, however, while I'm not making excuses of 8 jets (if that's even true), maintenance of 8 jets is nothing compared to what you're asking for. Now, per my calculation, even "IF" with "IF" being a conditional statement, even "IF" you withdrew all these monies which has been accounted for in the budget anyway, 10% of Nigerian budget doesn't cut it. Nigeria will need about half her budget to finance these large project. Does this look feasible to you?


My final verdict: HSR is very unfeasible, no investor will take on it because Nigerians cannot afford it "just yet" and besides, it very expensive that ONLY wealthy nations build it (commonly to Asia and Middle East), poor nations like Nigeria CANNOT afford it. When wealthier nations build it, they tend to write-off or sorta forgo the associated expense and have to fully subsidize it. Do your research - only a handful of train systems in the world are PROFITABLE, with a slim margin, others operate on losses.

10 Likes

TV/Movies / Re: Lagos To Censor Films, Warns Operators Against Default by MrExcel1: 12:39am On Aug 20, 2013
Lol.. take about misplace priorities.

When one door shuts, another opens.

Like the person above me pointed out, instead of fighting piracy, he's more worried about censorship...lol

Well I trust Nigerians, one way or another, uncensored films will find it's way back to consumers.

1 Like

Politics / Re: Dangote, Elumelu Jostle For 10 NIPP Power Plants by MrExcel1: 12:35am On Aug 20, 2013
IGBO-SON:
But i thought Dangote doesn't like having any factory/industry/plant in the South East (and South South as well, if my memory serves me right)......so how come he's now interested in some of the power plants located in the region?

I think he should focus his interest on the South West and Northern regions!

Some people think they're clever! You don't trust my region enough to locate any of your businesses, but when there's easy pickings on offer, you elbow your way to the front of the queue!

Bros relax...

This is just the staging process, it hasn't reached the final stage...

You should know that Dangote can't do business in the east for several reasons including competition, what Ndigbo needs to do is learn how to work together. If Dangote wants to supply electricity to the east, good for him. If power is constant, it benefits him as well as other rising entrepreneurs, if there are SMEs producing/manufacturing in hig gear, is it not a win-win for everyone?

13 Likes

Car Talk / Re: The Longest Road Trip You've Driven? by MrExcel1: 11:01pm On Aug 19, 2013
InvertedHammer: 2005

Los Angeles, California - Houston, TX.

Total miles: 1550 miles (~2494km)

Duration: 24hrs non-stop (except to buy gas and stretch)

Vehicle: 2001 Jeep Grand Cherokee.

I will never do anything that crazy in my life again!!!


Haha, I'm about to embark on the same trip, if there isn't any traffic, give or take average 75mph, I will be @ my destination in 20/21.5hrs. Like you said, the problem with driving is that you have to stop often, stretch for a few minutes and then continue...Midnight driving is the BEST, start at 10pm, hit the highway and by 7pm, you've arrived. grin
Car Talk / Re: The Longest Road Trip You've Driven? by MrExcel1: 10:49pm On Aug 19, 2013
From DC to FL (Miami) about 1,080 miles and completed my trip in about <18hrs due to traffic. Other than traffic, trip should have been completed in <16hrs.

Wallie: Just came back a couple of days ago from a trip up north

Maryland -> Delaware -> New Jersey -> New York -> Connecticut -> Massachusetts -> New Hampshire -> Vermont -> Montreal QC -> Trois Rivieres QC

850 miles (1368 km) one way which is about 14 hours with no traffic but it probably took me about 17 hours to get back due to heavy snowfall in parts of Canada and Vermont.

I'm sure there are people that will easily beat the 850 mile distance as I know some people drive from the West Coast to the East Coast (2800 miles – 40 hours no traffic). I intend on trying it someday!

So do I, my next trip is VA to Tx, about 1500miles.. grin grin
Politics / Re: Soludo, Others Offered Second Chance By Screening Committee by MrExcel1: 10:12pm On Aug 19, 2013
tallfish145: wot shows dat he is a traitor dude?

Lekwanu ajuju...

Keep asking, you're not Igbo so I have no obligation to reply you..

NEXT

1 Like

Politics / Re: Fashola Denies Presidential Ambition by MrExcel1: 9:33pm On Aug 19, 2013
Kairoseki77:

2011 margins are irrelevant.


The regions with the highest population growth are the North and the SW. The North because of birth rates, and the SW because of immigration. Every day 6000 people move to Lagos, and contrary to the absurd claims of the loudmouths, these 6000 are from all regions of Nigeria.


Everyday 6,000 people emigrate to Lagos, like seriously, are u fvcking kidding me? That's a 12.88% annual increase, haba... una like to lie o.

Meanwhile, the SE is facing massive EMMIGRATION, with most people running as far away from the SE as possible. Very few people are moving to the SE to replace those that are leaving. The heavy adoption of Christianity, and the collective rejection of polygamy, means that their population is growing slowly.

In your book, SE is slowing... You have gradually shifted your political argument to religious grounds, what has Christianity got to do with these? Are middle beltans not majorly Christians? Is the SW not almost evenly split between Christians and Muslims? So we should now assume that because these places adopt Christianity, it's like to slow abi? Shame on you. Besides, polygamy is utter rubbish, polygamy has nothing to do with population.


Meanwhile, in 2011, Lagos population was about 17 million. In 2015, it will be 25 million.

You're very funny, while there isn't any valid census other than speculative theory, you do realize that statistically speaking, you're claiming that Lagos will increase at an annual growth of +21%...Geez, can yall take it easy on the lies abeg.

If the North can rally their votes against Jonathan for his handling of Boko Haram, then I am sure that the Northern margins will continue to be pro APC. Fashola will coast to victory. The SS and the SE will continue to wallow in irrelevance.

You have come again with your utter BS again, the North rallied votes against handling of BH, unless I missed a memo, where did this occur? Yes some Northern states (sponsored obviously), showed their displeasure about BH and went further to ask presidency to declare SOE, but to allude that the "NORTH" as an entity "RALLIED" is nothing short of false claims.
Politics / Re: Why Is Nigeria VIP Crazy? by MrExcel1: 5:27pm On Aug 19, 2013
As much as 3hrs is unacceptable to say the least, to speculate that it's not done in the U.S. is a blatant LIE, you lived in NY,

1. How many times did you fly out from NY? and which Airport?

2. How often does POTUS fly into civilian airports rather than military bases?

3. Perhaps a lil research will help you: did you know how many hours pax had to hold and how many flights were diverted when Obama flew into KORD(Ohare International, Illinois) for his birthday?

When Obama went to Boston Logan, airport traffic was on a stand still till his limo arrived, even there's a YouTube video of ATC holding all incoming and outgoing traffic till he departed. Do you know how much time was spent on that alone?

Bros, before you speculate what you don't know, do your research.

1 Like

Politics / Re: Fashola Denies Presidential Ambition by MrExcel1: 12:44am On Aug 19, 2013
Yoruba_Ronu:
So because he decides to clean out Lagos and make it free from parasites, he is now extremist?
Shioor

What has he cleaning up Lagos got to do with my comments?

You need help, quit drinking that kai kai, it's impairing your thinking... NANSENS E
Celebrities / Re: Ngozi Ezeonu At 'Briefcase' Premiere In London by MrExcel1: 6:55pm On Aug 18, 2013
Her left hands are really skinny shocked shocked
Politics / Re: Fashola Denies Presidential Ambition by MrExcel1: 6:03pm On Aug 18, 2013
nerodenero: Is it not better for APC to field Fashola than an extremist?That will be a good fight against PDP.I have not seen any credible candidate that can give Jonathan a run for his money.For now,Jonathan rules!

Exactly!

Although I won't go for Fashola, he's just as an extremist as the terror master himself....
Religion / Re: Going To Church With Tablet Instead Of A Bible - Any Difference? by MrExcel1: 5:44pm On Aug 18, 2013
Yungwizzzy: Bro, are you talking of the same tablet that has over 200 bluefilms??

Well, the devil is not scared of your phone or table or laptop but the physical Bible is fire to his eyes.

Though, no matter where you read your Bible from if you don't work according to it's instructions its useless!!

Really? The devil is afraid of the physical Bible? Why should the devil be afraid of a mere physical paper when the same devil quotes the same chapters of the Bible?

Yall have been watching too many Mount Zion movies where they use the Bible to pray, the words of the Bible is your weapon, the fire that the devil is scared off, not the physical paper.

3 Likes

Politics / Re: Soludo, Others Offered Second Chance By Screening Committee by MrExcel1: 12:20am On Aug 18, 2013
bashy_demy: Well its good for you to say that and you state will still be in the same spot for years since tribalism is eating up your destiny. You rather vote in a thief that will steal all your glory and that of your unborn child rather than vote in a candidate who can transform your state and give you a good governance. I know if Ngige should decamp to APGA,PDP or LP you all will choose him over Jesus its only tribalism that is ruining you.

Thank you for your whoever-gives-a-fvck comment, a traitor is a traitor... Shikena.

Whether he decamps to PDP or VDP, or whichever, I DON'T CARE. He has shown his true colors that under the given circumstance, he will deny his own people, Anambra is so an important state for traitors to govern the people whether PDP or ACN or APC to takeover, whichever party they belong.

My disapproval of Ifeanyi is well known, but a traitor isn't any better either, a traitor is WORSE. My comparison is very simple, I'd rather take a thief over a traitor, same reason why Buhari CANNOT rule Nigeria again after several unsuccessful attempts.
Nairaland / General / Re: Which Picture Describes You Cleaning Your Ear? by MrExcel1: 11:23pm On Aug 17, 2013
None.
Politics / Re: Ifeanyi Uba: If I Become Gov I Will Sponsor Youths To Brazil To Watch Match by MrExcel1: 4:29pm On Aug 17, 2013
Someone help this man out grin grin
Politics / Re: Soludo, Others Offered Second Chance By Screening Committee by MrExcel1: 4:19pm On Aug 17, 2013
bushwailo:
What a bunch of unemployed losers. I dint even know they were all related grin grin
If APGA wins in Anambra, then its lights out for Anambra.
Anambra will become even more irrelevant Nationally.
With the state sinking further than before.

Short sighted leaders like Soludo is the reason why Igbo presidency is not remotely close.
You have shameless self professed political prostitute and yet he has followers.
You see how Igbos cause their own problems ?

All this gibberish because you want your sellout Ngige to be governor? Lol, calm your nerves down...
Politics / Re: Soludo, Others Offered Second Chance By Screening Committee by MrExcel1: 3:54pm On Aug 17, 2013
Lol,

This is getting interesting...

Clerverly:

Guy calm down! Heart attack... Soludo de solution is a goner tongue I mean an arsenal fan.. Bwhahahahahaha. Ngige all the way! Onwa na-etiri oha nke mbu. N' Anambra Steti! Chiri ga wa na Jesus Kwu gi n'azu grin

Onwa n'etiri onye? Ndi Anambra? Keep dreaming.

Ngige shot himself because of Amala and ofe mmanu...

Kama Ngige ga chi Anambra, let Ifeanyi Ubah take over the state. I will prefer a thief to a sellout and traitor, because a traitor nonetheless will steal from you and sell you out to your enemies..

2 Likes

Politics / Re: Soludo's Manifesto For Anambra by MrExcel1: 4:40am On Aug 11, 2013
FreeGlobe:
I totally agree with you. Anybody that says Anambra does not need an airport (cargo/passenger) is a fool. people forget how much revenue the govst can make from such in the long run. So we should lose those revenues to Enugu and Asaba?

Very quick to call revenues but failed to look at the debt, even MMIA receives funding from the govt, like airlines, few airports breakeven with a profit, some can barely do that, some airports around the world can't stand on their own without govt subsidies. Perhaps you will do well to expatiate for us how this mighty revenue will come in.
Politics / Re: Ibaka Seaport ’ll Create 100,000 Jobs – Gov Akpabio by MrExcel1: 4:35am On Aug 11, 2013
Eko Ile: I though I said good for Akwa?

The way I see it, this is nothing but another shortsighted and ill conceived idea. They already have a worthless and underutilized port in PH so what's different here?

They need to construct a rail line to run from lekki port with goods and services through SS states all the way to SE. Building a seaport just because you can doesn't mean it's a good idea considering the economic climate and realities. With a rail line, you kill so many birds with one stone and you even get to move good cheaper and faster.

So according to you, SS/SE should spend extra billions of $$$ just to build a rail network into SW, whereas for 1/3rd of same amount will build a rail link connecting the seaport and SE. Your bitterness knows no boundaries, your logic isn't only foolishh and ill-thought, but baseless. When you guys are done with your lekki port, I'm more than certain you will find patronizers, as for we SE, I think Ibaka will do just fine.

1 Like

Celebrities / Re: Prince Uzoegwu's Photos (Late Goldie's Stylist) by MrExcel1: 2:37pm On Aug 10, 2013
[size=16pt]Dude looks like an HIV/AIDS PATIENT [/size]
Politics / Re: Ndi Anambra, Who Is Your Choice: by MrExcel1: 8:13pm On Aug 09, 2013
MaximusDMeridux:

Soludo will be the worst candidate for governorship if you think being professor is anything. Your retardeen has a Ph. D, is he not a big failure government? Your professor will be an elitist speaking big grammar that neither builds roads or increase the revenue or economic activity that will help poor Anabrarians. I hope you people just stay in your state and stop lowering the quality of life in our own region with kidnapping, ritualist, fake goods, cheating everyone to make a quick buck.

We rather have this person than an APC sellout...tufia cool cool

3 Likes

Politics / Re: Ndi Anambra, Who Is Your Choice: by MrExcel1: 8:10pm On Aug 09, 2013
mbulela:
I guess he was asleep while Atuche, Ibru and Akingbola were redefining the art of stealing using depositors money to play casino. Or were the charges fabricated by Sanusi and his Boko brothers?
With all the grammar Soludo blows in articles, he has never explained how the banking system was rotting under his watch.

If it weren't fabricated, after the so-called stress test done by SLS, why did he not tell us the results of the stress test done on these banks?

1 Like

Politics / Re: Jungle Justice: 12 Year Old Boy Samuel Burnt To Death By Mob [disturbing Video] by MrExcel1: 7:41pm On Aug 09, 2013
Unless people like you and I start speaking out against mob justice, it will continue... This is very heartless, where is the police when u need them?
Politics / Re: Ndi Anambra, Who Is Your Choice: by MrExcel1: 7:31pm On Aug 09, 2013
SOLUDO

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