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Naptu2's Posts

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Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 6:48pm On Apr 13, 2013
0lumide: Simple!

Power!!!!!!!!!!!! And if Dangote must set up his own power generation to maintain production, that adds to cost of production!

Either power is the problem or Dangote is a born thief and economic saboteur not an entrepreneur.

The production of cement in Nigeria requires limstone right? Now, we have abundance of that in Nigeria and Dangote owns many of our limestone deposits in Nigeria(Corruption). Raw materials are not expensive for him to get.

If true true dangote cement price is justified by the cost of production, then Dangote shouldn't be producing cement because he is wasting resources to do so. We should be allowed to import cement which will cost us only 20% of what Dangote is charging us.
Power, cost of transportation. . . .basically, infrastructure. Don't you think it's a better idea to improve infrastructure than to fund job creation in other countries? If you close down Dangote Cement and allow importation, you are simply sacking Nigerians, losing tax revenue and employing foreigners/paying tax to foreign governments.
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 4:43pm On Apr 13, 2013
The Group Managing Director of the Nigerian Air Force Holding Company said

Also speaking at the occasion, the Group Managing Director, NAFHC, Air Vice Marshal Ibrahim Kure, said the aircraft would commence operations with the initial client base of mainly Armed Forces, Police and other para-military force.
Key words: commence operations, initial client base, mainly Armed Forces, Police and other paramilitary force.
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 4:37pm On Apr 13, 2013
Wow! I suspect that Ocelot is going through what I experienced this morning. Sorry.
Literature › Re: Iyawo Nylon Bag by naptu2:
grin nairaland's word censor messes up the url. Change centre of gravity to G - Spot (without any spaces).
Literature › Re: Iyawo Nylon Bag by naptu2: 4:31pm On Apr 13, 2013
I wanted to post this the other day, but I was so busy that I forgot.

The Gräfenberg Spot (G Spot)
http://en.m.wikipedia.org/wiki/center of gravity
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2: 4:12pm On Apr 13, 2013
Symphony007: did you actually get my point? Yes, the buck stops with the president but he does'nt get to everywhere at once, you do notexpect the president who is running the nation to know the state of abuja stadium, that is the job of the sports ministry, and if the sports ministry is'nt doing their job, a members of the national assembly whoes duties are to be more in touch with basic problems will bring this to the floor, where it will be reffered to the commitees on sports and these commitees will summon the sports minister for hearings and send a letter to the president. And then it is left to him to discipline his ministry of sports for such negligence. This is basic government principles of oversight taught in high schools!!
How long do you think that will take?

1) The President appoints these people. Therefore he should appoint competent people who can do the job. If he does this, there would be no need for the long process you outlined.

2) The President, or his appointees, formulates programmes and systems that would ensure that these things would not happen (programmes and systems, or you may call them policies, such as privatisation, commercialisation, use of artificial turf, etc). These policies, programmes or systems would be discussed at the Federal Executive Council. (Question: what is the current Federal Government policy for managing government owned stadiums?). Now, if you read my posts on this thread, you'll see that this is what is most important to me. Abuja Stadium is being renovated, but what about Lagos National Stadium? What about Liberty Stadium?

3) The President is elected by the people and if his programmes, policies or appointees are not working, then the people can petition the president to correct the wrong. That's what happened with the police college issue (you saw that the President went there) and that's what happened with the stadium issue (again, you saw that the President went there).


That's democracy. (The legislature is meant to make laws and perform oversight functions, but the oversight functions of the legislature should not be confused with the responsibility off the President, who is accountable to the people).
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2: 3:39pm On Apr 13, 2013
What is the correct plural? Is it stadiums or stadia? Please click on this link
http://english.stackexchange.com/questions/29060/what-is-the-correct-plural-of-stadium
Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 3:12pm On Apr 13, 2013
0lumide: So this is why they decided "increase" fuel price.

My problem with Dangote is his greed.


All of you singing Dangote's praise are illiterates and know nothing about economics and especially efficiency.

Let's take cement for instance.

Importing cement to Nigeria costs 350 per bag but we pay 1500 per bag manufacturing it in Nigeria.

Now, what this means is that Nigeria can not efficiently produce cement thereby our best choice is to import the commodity because we are wasting scarce resources in producing cement.

But Dangote through his political stooges in government was able to make sure Nigerians can't import cement and can only buy from him and the other guys who share just 10% of cement production in Nigeria.

Now, house prices up, Nigerians will be spending more on something we can't efficiently produce. Money that could have been used by household sector to buy other commodities which will help the respective industries of those commodities grow are been spent on a useless cement.

Dangote should be one of the first people to be killed should Nigeria have a bloody revolution. He is part of the elites destroying this nation!! No idea of economics, he is not patriotic enough to produce what we can efficiently produce instead he is producing what will give him money.

Efficiency is the core reason for pricing and production decision. Nigeria doesn't need a cement industry when the resources could be used to produce commodities we are more efficient in producing.

Dangote is nothing but a Government's baby and he enjoyed the corruption in the country.!!! Buncha thieves!!
Actually, the question is, why can't we produce cement efficiently? What are the factors militating against that?
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2:
Symphony007: let me lecture you and other nigerians how government work. The president is one man, and the federal government is a gaint machine. Do you expect him with all the problems on his plate to have an eagles view on everything? No! That's why we have legislators, who do that oversight work for him together the national assembly has more than 400 members are hundreds of commitees on different issues. Why have'nt they been called out for failing to do their job by seeing problems, calling public hearings and bringing to issues to the national discussion and to the presidents attention? Where was the house and senate commitees on police affairs all these years when the police college was falling apart? Where is the house and senate commitee on sports when the abuja stadium is crumbling. Nigerians have encouraged the laziness of a group of people that consume 25% of our budget, because they know they can never be blamed for anything. Their is always the gainst piniada called jonathan who everyone will take a swipe at when things go wrong.
Personally I prefer to assess the performance of agencies rather than personalities, but I can understand those who choose to call out the president.

The National Assembly can only complain and investigate, but they can't do more than that in this case. The job of managing the stadium lies with the executive. The President is the head of the executive.

The stadium is meant to be managed by the ministry, sports commission and stadium manager. There is only one person who has the power to sack all these people. That's the President. He also appoints these people. The ministers job is actually to act as a representative of the president and he serves at the pleasure of the President. If he performs well, the President gets the glory. So what do you think should happen if he doesn't perform well?

Like President Truman wrote on his desk, "the buck stops here".
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2: 2:00pm On Apr 13, 2013
Symphony007: i honestly don't know what nigerians won't blame this president for, please tomorrow if you can't tie your shoe, please blame jonathan. You expect the president who is dealing with boko haram,mend,economy,foreign affairsetc to also be aware of the state of abuja stadium? What does the NFF do? Or the sports ministry? Why can't the national assembly sports commitee call hearing on why the stadium is like that. Nigerians are just so ignorant to seperation of power and duty. All they know is if anything is bad, it's jonathan fault.
What does the NFA have to do with the management of the National Stadiumhuh
Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 1:57pm On Apr 13, 2013
miqos02: so is he a mad man
Yes, a successful madman who goes where others are scared to go.
Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 1:09pm On Apr 13, 2013
ypzilanti: What exactly is 'using others to enrich yourself?'. Do people not work for Zuckerberg and Gates? Gates was also accused of monopoly and charged to US court in the 90s. Rockerfeller was prosecuted in similar fashion too. Billionaires in business are driven by raw ambition to dominate the sectors they operate in. There is no other way. The so called angel investors do not just drop from the sky and give money to you unless they sense progress in your business.
Exactly!

The following semester in January 2004, Zuckerberg began writing code for a new website. He was inspired, he said, by an editorial in The Harvard Crimson about the Facemash incident however subsequent events have revealed this to be untrue.[26] On February 4, 2004, Zuckerberg launched "Thefacebook", originally located at thefacebook.com.

Six days after the site launched, three Harvard seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg of intentionally misleading them into believing he would help them build a social network called HarvardConnection.com, while he was instead using their ideas to build a competing product. The three complained to the Harvard Crimson, and the newspaper began an investigation. The three later filed a lawsuit against Zuckerberg, subsequently settling. The agreed settlement was for 1.2m Facebook shares which were worth $300m at Facebook's IPO.
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2: 12:11pm On Apr 13, 2013
dumodust: These politicians are all the same so stop the comparisons... Lagos state just recently hosted the national sports festival in teslim balogun stadium so the recent renovation and clean up will still be in place. Maybe we should compare national stadium to teslim balogun stadium when we're hosting world cup or something else big
I think the point he's making is that the Teslim Balogun Stadium has not been allowed to deteriorate to that level since it was opened in 2007, whereas the National Stadium has been left to get to that level several times. (In my opinion, one of the reasons for this is the artificial turf, which is easier to maintain).

Therefore, the question for me is, how do we prevent our stadia from deteriorating to this appalling state?
Politics › Re: Dimka’s Coup; Obasanjo, Danjuma Are Cowards – UK High Commissioner by naptu2: 11:54am On Apr 13, 2013
VolvoS60: ^^^^
Accused by who?

(Although I do agree that there are several sides to a story and its prudent to get as much info as possible from all sides.)
1) The Nigerian government accused the British of being complicit in the coup. They also demanded that Gowon be extradited to Nigeria. The British High Commissioner was later declared persona non grata and asked to leave.

2) The populace: students even went as far as destroying British and American property in Nigeria. They believed that the West thought that Murtala was leaning towards leftist views and his policies with regards to Angola (the gift of MiG 17 fighters to Angola and acquisition of MiG 21s from the Soviet Union), his policies towards South Africa, etc were against western interests.
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2: 11:32am On Apr 13, 2013
okpara festus: federal govt has too much load on it so that is the result you will get.Am of the opinion that govt has no business in business, they should just sit back and collect tax and revenue.
Here's someone I agree with. They should allow private investors to manage the stadium.
Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 11:28am On Apr 13, 2013
He is benefiting from his family tradition of taking risks where no one else will, investing where no one else will and investing even more than their competitors. (Note: competitors. He said it in the interview, he doesn't have a monopoly in any of the sectors he invests in. There is always a competitor, just that he invests more than his competitors. He is prepared to take the risk. He is a volume player).
Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 11:25am On Apr 13, 2013
ypzilanti: Dangotes businesses have created other billionaires and millionaires. His staff and distributors of his products are doing really well. How do you think millionaires are made? By government sharing out money? People are so ignorant. What we need in Nigeria is more billionaires in the mould of Dangote...rich people who actually produce something that others can key into and make some change too. The progress South Korea is experiencing today is because of about 5 'Dangotes' in that country. The families that own Hyndai, Daewoo, Samsung,etc, made korea what it is today.
+100

(Or the Bill Gates, Mark Zuckerbergs, Larry Ellison, etc in the US).
Sports › Re: A Tale Of Two Stadiums. Lagos And Abuja Stadiums... by naptu2: 11:01am On Apr 13, 2013
Plural of stadium = stadia or stadiums (both are correct).
Politics › Re: Dangote To Open $8bn Oil Refinery by naptu2: 10:58am On Apr 13, 2013
Do you finance such investments with personal fundshuh Why are people wondering if he'll be able to afford $8 billion. There's equity, debt, etc.
Politics › Re: Let's Have Your Complaints, Suggestions & Enquiries Here by naptu2: 10:48am On Apr 13, 2013
OAM4J: Sorry for late response. You've been unbanned and you post is now visible
Yay! Thank you.
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 2:31am On Apr 13, 2013
The Army of the Guardians of the Islamic Revolution (Persian: سپاه پاسداران انقلاب اسلامی ‎ / Sepāh-e Pāsdārān-e Enqelāb-e Eslāmi, or Sepāh for short), often called Revolutionary Guards, is a branch of Iran's military, founded after the Iranian revolution.[1] Whereas the regular military (artesh) defends Iran's borders and maintains internal order, according to the Iranian constitution, the Revolutionary Guard (pasdaran) is intended to protect the country's Islamic system.[2] According to some outside observers, it is intended to prevent internal dissident and military uprisings.[1]

The IRGC has roughly 125,000 military personnel including ground, aerospace and naval forces. Its naval forces are now the primary forces tasked with operational control of the Persian Gulf.[3] It also controls the paramilitary Basij militia which has about 90,000 active personnel,[4] and in recent years has developed into a "multibillion-dollar business empire,"[5] and is reportedly the "third-wealthiest organization in Iran" after the National Iranian Oil Company and the Imam Reza Endowment.
IRGC first expanded into commercial activity through informal social networking of veterans and former officials. IRGC officials confiscated assets of many refugees who had fled Iran after the fall of the Bani-sadr regime. It is now a vast conglomerate, controlling Iran’s missile batteries and nuclear program but also a multibillion-dollar business empire reaching almost all economic sectors.[5] It is thought to control around a third of Iran's economy through a series of subsidiaries and trusts.[59]

The Los Angeles Times estimates that IRGC has ties to over one hundred companies, with its annual revenue exceeding $12 billion in business and construction.[60] IRGC has been awarded billions of dollars in contracts in the oil, gas and petrochemical industries, as well as major infrastructure projects.[61] The following commercial entities have been named by the United States as owned or controlled by the IRGC and its leaders.[62]

▪ Khatam al-Anbia Construction Headquarters, the IRGC’s major engineering arm & one of Iran’s largest contractors employing about 25,000 engineers and staff on military (70%) and non-military (30%) projects[51] worth over $7 billion in 2006.[62]

▪ Oriental Oil Kish (oil and gas industry),[63]

▪ Ghorb Nooh,[63]

▪ Sahel Consultant Engineering,[63]

▪ Ghorb Karbala,[63]

▪ Sepasad Engineering Co., (excavation and tunnel construction).[63]

▪ Omran Sahel,[63]

▪ Hara Company (excavation and tunnel construction),[63]

▪ Gharargahe Sazandegi Ghaem.[63]

▪ Kayson Construction Company ( Foreign Branch, active in Venezuela)

In September 2009, the Government of Iran sold 51% of the shares of the Telecommunication Company of Iran to the Mobin Trust Consortium (Etemad-e-Mobin), a group affiliated with the Guards, for the sum of $7.8 billion. This was the largest transaction on the Tehran Stock Exchange in history.[64][65] IRGC also owns 45% participation in automotive Bahman Group and has a majority stake in Iran's naval giant SADRA through Khatam al-Anbia.[51][66]

The IRGC also exerts influence over bonyads, wealthy, non-governmental ostensibly charitable foundations controlled by key clerics. The pattern of revolutionary foundations mimics the style of informal and extralegal economic networks from the time of the Shah. Their development started in the early 1990s, gathered pace over the next decade, and accelerated even more with many lucrative no-bid contracts from the Ahmadinejad presidency.[63] The IRGC exerts informal, but real, influence over many such organizations including:

▪ Bonyad-e Mostazafen va Janbazan (Foundation of the Oppressed or The Mostazafan Foundation)

▪ Bonyad Shahid va Omur-e Janbazan (Foundation of Martyrs and Veterans Affairs)[51]
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 2:29am On Apr 13, 2013
I hope Pyguru doesn't ban me.
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 2:18am On Apr 13, 2013
Akainzo: Do NOT spread falsehood. The Iranian military/Airforce does NOT engage in commercial transportation.

That most pilots in the Iranian airline operations were former pilots in the Iranian Airforce is not the same as engaging in commercial transportation.
Read this sentence carefully again so that you'll understand the meaning.

In some countries such as Iran, the military engages in commercial ventures.
Politics › Re: Nigeria African Regional Giant. by naptu2: 8:59pm On Apr 12, 2013
fkaz: Which faction of boko haram would they dialogue with?

Because Niger-delta militant had different leaders at that time, henry okah was just one among many.
There are at least 5 different factions of Boko Haram and many foot soldiers with varying degrees of commitment to the cause and varying reasons for engaging in militancy.
Politics › Re: Nigeria African Regional Giant. by naptu2: 8:43pm On Apr 12, 2013
Boko Haram's "rejection" of the amnesty deal is not a disgrace to the Jonathan Administration and shouldn't really change anything. The government should go ahead with the amnesty programme.

Remember that MEND rejected the Niger Delta amnesty deal, but the amnesty programme still went ahead. In fact, Henry Okah's faction of MEND recently killed some policemen, yet the amnesty deal has brought relative peace to the Niger Delta.
Celebrities › Re: Wizkid Shirtless, Drinking, & Using A Laptop by naptu2: 6:43pm On Apr 12, 2013
Chai! Almost 30,000 views, 142 comments and 5 pages!
Music/Radio › Re: Sunny Ade Vs Ebenezer Obey: Who Do You Prefer? by naptu2: 6:41pm On Apr 12, 2013
wengerjay: LET THEM SAY!!!
JEALOUSY!!!!
Hahahahahahahahahahaha! This got me grin
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 2:24pm On Apr 12, 2013
The Nigerian Army (NAPEX) owns malls on Victoria Island and in Oshodi.
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 2:21pm On Apr 12, 2013
Nigerian Army Welfare Holdings Limited
Army Welfare Holdings Limited (NAWHL) is a conglomerate of 6 subsidiary welfare firms. It was established for the basic purpose of coordinating the activities of the component units for optimal performance.

The 6 welfare firms are:

1) the Nigerian Army Post Exchange (NAPEX) Ltd,

2) the Nigerian Army Small Scale Drugs Manufacturing Unit (NASDMU) Ltd,

3) the Post Service Housing Development (PHD) Ltd,

4) the Post Service Homes Ltd (PHL),

5) the Nigerian Army Properties Ltd (NAPL) and

6) the Nigerian Army Welfare Insurance Scheme (NAWIS) Ltd.

AWHL is manned by the Group Managing Director (GMD).
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 2:04pm On Apr 12, 2013
The Nigerian Navy is also working on an idea. They badly need OPVs, especially frigates, but it's been difficult getting funding from government. They've made their demand known over the past ten years, but they only succeeded in getting one frigate (NNS Thunder).

So the navy has submitted a proposal that the oil companies should fund the acquisition of OPVs. Revenue from crude oil that's stolen from Nigeria every year is enough to finance the acquisition of several OPVs. The navy proposes a system where two OPVs would be attached to one platform and it wants the oil companies to finance the acquisition of these OPVs.
Politics › Re: Nigerian Air-Force Launches Commercial Airline by naptu2: 1:52pm On Apr 12, 2013

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