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InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:57am On Nov 10, 2020
Cyberknight:
I fully agree that the best form of government is an enlightened benevolent dictatorship, Singapore-style.
But the odds of that successfully happening in most countries are very low. Chavez in Venezuela had the right mindset, but was economically illiterate, Castro in Cuba had the power and the will to get things done, but only achieved success in the social sphere and none in the economic, and so on.

In the absence of a tried and proven template for selecting enlightened benevolent dictators, we default to democracy.

And for clarity, what we have in Nigeria is not democracy, we don't elect our "leaders".
Does that mean what we have is 'Selectocracy'?. grin
PropertiesRe: Construction Of Mini Bakery/ Office Space By Rotech77 by NL1960: 4:59pm On Nov 09, 2020
following
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:13am On Nov 03, 2020
Lazyyouth4u:
At that time, CBN’s monetary policy was to fight inflation and attract foreign investors (who were flooding in with their USD) using high interest rates. High interest rates were also used to borrow more from the domestic market to fund deficits.

Today, CBN’s monetary policy is to stimulate the economy via boosting domestic credit with lower rates. Also, since the directive prohibiting non-banks and non-FPIs from investing in OMO, there has been more than enough liquidity in the domestic market for Tbills. So government can afford to borrow from the domestic market to fund its deficit at low rates.
With the government having smelt this blood, i doubt they will want to reverse this low rates.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:11am On Nov 03, 2020
9jatriot:
Na wa o, so na u be this wen come de talk sense like this? abi de hack your account? Why you come first use insults announce your presence for here if you know say better juice actually de inside ur head as brain.

I non fit believe say day go come wen I go de node my head in agreement with wertin u de talk.

Show me the pastor wen remove that cussing demon from ur moniker, I get other monikers to submit for prayers.
I dey really gbadun this new @Lazyyouth4u. Brilliant and indept analysis from him. I hope he does not change to the old @Lazyyouth4u o.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 4:52pm On Nov 01, 2020
maishai:
If All the Owo Foundation, Owo roofing collected yearly is truely accounted for and enters into Government coffers, why should the central government be crying about poor tax
You are even going too far with these. MC Olomo collects a lot of money from NURTW which is not remitted to government coffers. He uses the money to keep his wives in US and educates his kids in US schools.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:05am On Oct 31, 2020
Reine22:
Not necessarily true. Loyola Jesuit College, like several others, is a catholic school and you can find all faiths attending. Quality is quality
Not only Loyola Jesuit but all the catholic schools except the minor seminaries. In the catholic boarding schools, during Ramadan, those that want to fast are allowed and special food is prepared for them in the morning and breaking of fast accordingly.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 12:47pm On Oct 30, 2020
Lazyyouth4u:
A hungry man with no job and no hope in Nigeria will thank God for the lowest paying job he will find in a decent developed country provided he’s there legally (even people wey no get paper are still living better lives than the hopeless and hungry unemployed people in Naija).

What doesn’t make sense is to leave a decent well paying job/business and middle class lifestyle in Naija to go and start afresh abroad. It works for some but many regret the decision.

Also, age and marital status play a huge role in these decisions. A single young man can rough it out for a few years before finding his feet. Family man will have a nagging wife and crying hungry children to feed, clothe and house and cannot afford to put his family through the suffer wey fit happen.
Gbam. Well said.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:38am On Oct 30, 2020
Diyke4rich:
Good morning everyone in the house and happy weekend, i have been thinking, making research but i am not coming up with any Answer, i am base outside nigeria but i am tired of living outside nigeria, i have been thinking to come back home and invest been that i am the first son of my family, for example have access that can give me me about 4million annually but i really when to go into business, the capital I have is about 5m to 6m since treasury bill is not attractive, what line of business do you think the capital will enough and also a lucrative business.
I will advise that you do not immediately relocate back in full yet. You can come in, spend some months and use that period to move around and do research. During this period, you can use it to network with your friends espercially those in business and see the various challenges and how they have conquered such challenges.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:34am On Oct 23, 2020
ahiboilandgas:
ok nice ....i used to train in the football field around 1996 .....
Wa o. I used to go to that football field once in a while in the evenings of weekends to watch football matches.

I was retained in where i served but i declined and came back to Lagos. Was scared of religious riots as where i was staying was close to Badawa and i did not understand the language.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:44pm On Oct 22, 2020
ahiboilandgas:
ok....nice am happy to meet u .........do u any ibo guys staying opp the yakasai white house?
.
Do not know. Was not staying opposite. I used the axis as a short cut.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:36pm On Oct 22, 2020
ahiboilandgas:
chia where in yakaba ? ......hunger don reset their brains small.......after massive exodus of investors ......the town is now very upgraded and can rival any city in Nigeria but the soul was lost to religious fanatics in the 1990 those tag have refuse to be erased...
.cannot remember much but it was on the boundary between Yankaba and Badawa. The major landmark then that i know is that i normally pass a road or street that Tanko Tankasai had his house. It was an all white painted building.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:39pm On Oct 22, 2020
AngelicBeing:
Chai, you brought kano memory to me, l used "Wappa exchange" to change my dollars those days in kano, I have an Alhaji at Beirut Rd kano, he has his boys at Wappa and they bring dollars for me at his office in Beirut Rd.

I witnessed almost all the good, bad and ugly side of kano state , my last place l lived was Maiduguri Rd opposite Alhaji Rimis house before I left kano to the south and from there left for further studies abroad, Kano use to be a very good place to live then sad
I enjoyed my one year NYSC in Kano. Stayed at Yankaba and served with a firm on Bank road. Nice city before the various riots spoilt it.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:34pm On Oct 22, 2020
pluto09:
We have not learnt anything. Majority of those protesting today will still not come out to vote.
Our next president will still be elected by mostly illiterate who will collect 2k to vote for either PDP or APC.
.
And when asked why they did not vote, they will say their votes will not count not knowing that by not voting, their PVCs can be cloned and used to rig the election.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 6:39pm On Oct 22, 2020
ahiboilandgas:
u only know the starting of a fire u don't know the direction or the end and who it will consume...so dont start a fire or crisis.....
In my place, there is a saying 'if you insist on making a fire as long as the snake you want to roast, you will end up cutting down all the trees in the forest thereby destroying the forest'.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 6:29pm On Oct 22, 2020
ahiboilandgas:
may be 5 days earlier they where doing #tag end sar not knowing that it was #tag end jobs with data from salary end from mall.
When i check their whatsapp updates these days, they no longer put the clenched fist . Na prayer for peace dem dey put now. I no fit laff.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 6:21pm On Oct 22, 2020
emmanuelewumi:
This has always been my position concerning the issue.

When a purported peaceful goes beyond 5 days, especially when it infringes on the right of other citizens from moving or doing their business it will later become a violent protest.

Do you know the number of commercial bus drivers, agberos that had reduced income for two weeks when Lekki Toll gate was closed because of the peaceful protest?
When these protests started entering the inner streets, i advised and warned several of the youths that the protests will be hijacked by area boys and hoodlums and it will spiral out of their control and that they should retreat to restratigize. They refused to listen saying they do not need any advise from the older generation. They think their generation is the first in the history of Nigeria to do protests.

I have asked people where the Feminist movement that was giving daily reports and Anonymous that was hacking websites upandan gone to?. Even Radio 'Soro Soke' is off the air.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 6:13pm On Oct 22, 2020
freeman67:
This has been my major worries since the beginning of the protest. The innocent will suffer it more. The spill of effect will be much. Somebody has to pay for all the public properties destroyed if the government decide to replace them and that somebody eventually will be everybody even though everybody did not partake in the disruction. The provider of good and services would be taxed and the cost will be transferred back to the consumer.

However, on the side of private business owners that their businesses were destroyed it is a total setback especially the one man businesses amongst them.

Eventually many protesters will discover that they were used but then the did had already been done.
Circle Mall at Jakande, Lekki completely brought down. The workers have completely lost their jobs as i doubt the mall will open again this year.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:22am On Oct 21, 2020
DexterousOne:
Me I am of the view that this is not the first time Nigerians have faced their government sha
It's a recurring decimal

June 12
Anti SAP
All that
These generation now abusing the older generation of not doing anything think all these were done by them or some alliens came down from Jupiter to do all these?.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:28pm On Oct 20, 2020
DexterousOne:
I knew it!
This has,been your mindset about the protests lmao cheesy

Apparently you are not too happy about the shots that the younger ones fired at the older generationtongue

Well...
Let's just watch and see how it goes
Cheap shots you mean. They came out to fight oppression. They should focus on that instead of aiming cheap shots. Every generation fights her battles. The independence they are enjoying now was fought for by a generation. The removal of History from schools really caused a problem. Iam sure many of them aiming cheap shots at the older generation do not know the person that moved the motion for independence. Even the democracy being enjoyed now was fought by people. Iam sure you are amazed at the names in that post.

Make una focus and leave the older generation alone. Nigeria did not start from una generation.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 4:11pm On Oct 20, 2020
#Copied


This is from a friend, 65 years old and an alumni of UNILAG. Quite interesting.

The following is my reaction to a post my son made on our family platform about the ongoing protests. You may find it interesting:

Yes, the protests are largely peaceful, with a few miscreants. But I assure you that the few miscreants are testing grounds. There are more miscreants waiting in the wing. I know cause I've been there before!

Contrary to the narratives in circulation, my generation didn't just sit down. Forget about the politicians who want to "off the mic". Many of us didn't "gbenu dake". We "soro-soked" - loud and clear, often putting our lives on the line!

We fought all the military regimes. I can't remember how many times I was "tear gassed". We carried our own "anti tear gas" solutions around. There was a time military police stormed UNILAG by air (Helicopter landed at sports centre); by sea (Police boats arrived via the Lagoon); and by land (UNILAG's front gate). The back gate wasn't there yet; it was just a narrow bush path that served as the only route of escape for those at the front line who knew the route. Others were trapped and there were stories of rape, looting, and students being thrown down from second and third floors of Jaja and Mariere halls. We had no phone cameras so we have no proof. As is always the case, we usually started out peacefully but eventually miscreants got involved. We didn't have social media hence the protests couldn't spread as fast, but it was replicated in all the universities.

There's an Akintunde Ojo hall in UNILAG - named after a student that was killed in one of the protests. Ask anyone who is 60+ about "Ali must Go". Ask about "No Eddie, no lecture riot", etc. I remember telling you about the day I was embarrassed when my father came to get me off the "battle ground" at the UNILAG gate. Those protests were usually the precursors to the demise of governments in power.

In June 1993 when Babangida annulled the election, youths took to the streets, forcing Babangida to step down and scamper out of Lagos to Abuja. They all "soro-soked"

When the brutal Abacha took over he was fought till the end. Many people were killed during the period. I have my personal story, but this is not about me. Even MKO Abiola, who was considered as being initially part of the corrupt system laid down his life to fight off the Abacha military regime. The arrow head of the fight against Abacha was National Democratic Coalition (NADECO), with several actors playing different parts. These individuals included Pa Adekunle Ajasin, Pa Adesanya, Anthony Enaharo, Wole Soyinka, Commodore Ebutu Ukiwe, Balarabe Musa, Group Captain Jonah David Jang, Rear Admiral Godwin Ndubuisi Kanu, Shafi Lawal Edu, Ayo Opadokun, and Colonel Yohanna Madaki. Even Senator Bola Tinubu was also very active in the struggle.

Today, everyone talks about Fela. But there were several others. There was Gani, the people's SAM (Senior Advocate of the Masses); there was Olisa Agbakoba; there was Beko, etc. Before them, there was Professor Awojobi, there was Tai Solarin, and of course Wole Soyinka was (is) ever present. Go and read Wole Soyinka's "The Man Died". Search for "The Beginning of the End" penned by Tai Solarin. These people were arrested, tortured, and jailed countless times because they led protests. Of course, they didn't act alone. There's a statue of Tai Solarin in Yaba bus stop, one of Awojobi in Onike roundabout, Gani's in Ojota, Herbert Macaulay's in Sabo, and many more.

There were still others before these names. Our founding fathers fought the British the best way they could. Do you think the British left Nigeria willingly? Do your research about Pa Imodu (No 1). Do your research about Olufunmilayo Ransom Kuti. Read up on Herbert Macaulay. Of course there was Awolowo, Azikwe, Ahmadu Bello, Enahoro, etc. Before them there was King Jaja of Opobo, and a host of others who were exiled or died fighting the superior military power of the British.

In every generation you'll have the good, the bad, and the ugly. Stop the blanket accusation of generations before yours. They've played their parts. Study their histories and find out why the "bad guys" eventually end up controlling the political system despite the heroic exploits of the good guys.

Focus on the war - not the battle!

#Copied !!!!!!.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 1:30pm On Oct 20, 2020
DexterousOne:
In case you dont know

It was the IGP foolishly announcing SWAT so soon that triggered people more

This is Nigeria
We know how things work
The nigerian people saw it as rebranding with no tangible change whatsoever

That is an error

That said
I can deduce your condescending tone towards the movement and the young people who powered it.
I know it is rebranding. What was done by him required another strategy to engage and not to change hastag or increase demand. If you study Nigeria system very well, it is always what they do. SARS was disbanded and SWAT formed. Hastag changed from #EndSARS to #EndSWAT. So if SWAT is ended and 'WAT' is formed, hastag then changes to #EndWAT abi?. In as far as there is no limitation to hastags, there will be no change to naming. Is that what you want?. You need to understand that Nigeria Leadership is still not yet fully out of the Military ways of doing things. It is a mentality thing which will take time.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 12:32pm On Oct 20, 2020
9jatriot:
You and I know that number 1 will not change anything, just like when a lion taste blood, the youths have tasted power and they are enjoying the trills, so the demands will keep changing as government makes one concession to the other. As soon as FG accepted to end SARS and start implementing the demands, the most sensible natural thing to do was to set up an independent monitoring group by these same protesters to ensure that government was not just taking the people for a ride. Leave PMB's advisers alone, one you claimed that the internet was going to be shutdown, one week after it is still on. then they did not advise military action, that is shocking to many of us. I am glad he did not send in the military.

As to number 2, I think PMB signed something like that into law either last year or early this year.
This was where the protesters missed. It was as if they did not have leaders. After the government disbanded SARS, they started adding to the request on a daily basis. From one request to five to seven to thirteen and now close to twenty. When will it end?.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 12:20pm On Oct 20, 2020
ahiboilandgas:
Curfew in Lagos 24 hours.....protest finally lost ..
Was expected. Edo started it yesterday. Anybody that was thinking that the protesters will be allowed to just block major roads and the government will not do anything was just dreaming. As i said, this generation have not seen real protest before. Na only NLC fuel price hike when dem they dance at Ojota that they have seen and are used to.
InvestmentRe: Treasury Bills In Nigeria by NL1960:
ojesymsym:
Sir, let this slide. No need for this. If possible edit the content, u na bros no need to de pull shirt to join fight
I do not normally waste time and data to do meaningless online arguments in a faceless forum. Just trying to tell the poster that the cause of the problems of Nigeria is not down to any generation. Every person's great great grand parent could have contributed at any point in time.

Gani was always taken to Gashua prison in Bornu state. That is the toughest and worse prison in the country. The poster should go and do a research on Gashua prison that Gani was always been taken to. Iam sure he will come and say the likes of Gani did not do anything just because they are now protesting and putting it on social media. No be today this fight for a better Nigeria start.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 11:59am On Oct 20, 2020
InvestmentRe: Treasury Bills In Nigeria by NL1960: 11:46am On Oct 20, 2020
afroxyz:
Abeg park well. Una time don pass. If you guys did a good job, would we be here having this conversation? Protests that you all ran to the village thereafter. We are talking about moving the country forward, you are here drawing generational line and analysing. Useless generation
Continue. If una great great grand papa did not sell their people as slaves and handed over the country to colonial masters, you think say dem for colonise us. cool
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:48am On Oct 20, 2020
handsomebolanle:
There is nothing to be lucky about sir.....We are in a democratic regime...And this is how a sane society should function and be safe...except you want to pick them because nobody is .....
Democratic regime in theory. Rwanda is also in a democratic regime. People there should go and protest and see what Kagame will do.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:39am On Oct 20, 2020
9jatriot:
Each time I hear youth saying they are doing what their parents couldn't do because of this one protest, I laugh. Almost 6 days of protest still no military, that would not have happened under IBB and definitely under Abacha and yet during that time was even the height of protest even at the risk of their lives.
Last week on my way back from work in the night, i drove to where the protesters were at Alausa. Free passage and access to where they are camped playing football in the night. i Just laff. I said to myself that this generation are very lucky that we are in civilian regime. Look at how they just exposed themselves to easy pickings. Try such under IBB or Abacha.

Maybe they need to go and read about NADECO and people like Kokori and Kudirat Abiola. They formed an online radio called 'Soro Soke' and they are clapping for themselves not knowing that there was NADECO radio during June 12 times.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:13am On Oct 20, 2020
ahiboilandgas:
am also involed but how do we ensure hoodlums like this dont hijack the prostest?cos it seems we dont have any strategist to do that...the genuine protester dont have control over the hoodlums and notting concern police https://www.nairaland.com/6192854/endsars-protesters-attacked-rrs-truck
Gbam. That is where the youths missed it. They think protests for change is just to gather in one place, play music, dance, eat, sleep, wake up and continue. What were the strategies to counter the hoodlums if the protests get into the inner streets where hoodlums reign supreme?.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:08am On Oct 20, 2020
DexterousOne:
That said

I think many of us are just being hysterical sha
Nigeria is NOT going to cave in or disintegrate

If the fallout of June 12 or the civil war did not cave the country
Nothing can

But what we are really at risk of, is unrest from the masses due to the increased suffering due to bad leadership
But this unrest does not have the wherewithal to snowball into what will scatter the country totally to the point of disintegration

That's why the Buhari govt should surprise us and change course
For the betterment of the country
They are being hysterical because dem never really see protests before. The only protests they have seen is NLC price hike protests. Dem no see protests for June 12 or protest under IBB and Abacha.
InvestmentRe: Treasury Bills In Nigeria by NL1960: 9:03am On Oct 20, 2020
deepwater:
I.love the way u sound so confident from behind your screen
You are very funny. You think say na una generation start protests for Nigeria?. Go and find out about protests during the brutal regime of IBB and Abacha. Una never even start. Una dey learn. Your generation is lucky that we are in civilian regime. cool
InvestmentRe: Treasury Bills In Nigeria by NL1960: 8:59am On Oct 20, 2020
Grupo:
So some people actually believe that protesters broke prison. Smh!

How? From the videos, the prisoners were released from inside and they scaled the fence to escape. Who provided them with the leverage they needed to escape from inside?

Someone inside the prisons took advantage of the protests to perfect a job they had been hatching for long.
Go and find out from people that were in Uniben in 1989 how it was done. That was during the time of IBB, a mean dictator. This generation dey think say na dem start protest because there are now mobile phones to post it on social media and take selfies.

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