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OAM4J's Posts

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BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 8:23pm On Jun 11, 2011
[quote author=Ileke-IdI link=topic=687852.msg8501330#msg8501330 date=1307817300]Ok when you're done with your Alice in Wonderland, hit me up so that I can take you out to watch a better movie.

Or is it all the ogbona soup you've been chopping?

Naw, I offered for 3-somes, you dont want. So you did the dumping.



So what's the price Ekiti is putting down? Has this even been confirmed or just another talk?[/quote]Am a true African man, I don't share my woman. but I can be shared by many women. cool
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 7:31pm On Jun 11, 2011
[quote author=Ileke-IdI link=topic=687852.msg8501273#msg8501273 date=1307816692]Am I that scary? Na wa oh?

Me, I was just joking oh. You blew my secret, I was just messing with those lil boys.[/quote]You became scary since the time you dump me for EzeUche cheesy
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 7:20pm On Jun 11, 2011
[quote author=Ileke-IdI link=topic=687852.msg8501224#msg8501224 date=1307816091]God punish you cheesy

Was messing with these gullible boys of NL. Oya, all of una, go and invest in Ekiti.[/quote]Wetin I do you?  huh
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 7:13pm On Jun 11, 2011
Please land is not that cheap in Ekiti.  Kats was referring to Ethiopia, and the $2 is rent fee not the actual cost of the land.
PoliticsRe: Let's Have Your Complaints Here by OAM4J: 6:53pm On Jun 11, 2011
Its in Nairaland section: https://www.nairaland.com/nigeria/topic-688336.0.html

That is where issues about NL members are discussed.
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 6:45pm On Jun 11, 2011
Aigbofa:
If they can do what you've just said and ensure a certain percentage of what is produced is either sold or processed in Nigeria, that is fine with me.
But, no matter how much money they are willing to invest, I don't think arable lands in Nigeria should be cultivated to feed Koreans or anybody when too many of our own people are still hungry.
I see your point and I agree with you.
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 6:42pm On Jun 11, 2011
Katsumoto:
This is a land grab and this is the way it works

The foreign companies seek to get many deals knowing fully well that some deals may fall through due to local opposition. They pay pennies for arable and fertile land and profit so much that they are able to throw in a few benefits. It may be true that the Ekiti people may be able to get their land back if there are no visible benefits but what must be highlighted here is the fact that these Chinese and South Korean companies are paying pennies for land, promising to spend on technology, jobs, etc but not delivering. If Europeans are able to identify that these are land grabs, why are Africans so gullible to believe otherwise?

They spend a little, grab what they can until they are kicked out and then look for the next deal.


See article below from the economist
Some projects’ operators have done better in building new schools, clinics and other “social infrastructure”. Madagascar may be a surprising example as it witnessed what is perhaps the most notorious land grab of all: a South Korean company was offered half the country’s arable land—a proposal that fuelled protests which eventually toppled the government who approved the deal. Two years later Perrine Burnod of CIRAD, a French research organisation, found that the number of land deals on the island had fallen by two-thirds. And those that remained had begun to look more like aid projects, with investors committing themselves to building schools and clinics. Local mayors were welcoming them in to help finance projects no longer supported by the cash-strapped central government.

Yet this is atypical. Most land deals contribute little or nothing to the public purse. Because markets for land are so ill-developed in Africa and governments so weak, rents are piffling: $2 per hectare per year in Ethiopia; $5 in Liberia. Tax and rent holidays are common. Indeed, it is not unusual for foreign investors to pay less tax than local smallholders. And upfront compensation to local farmers for use of their land is derisory: often just a few months of income for agreeing to a 100-year lease.

“The risks associated with such investments are immense,” concludes the World Bank. “In many cases public institutions were unable to cope with the surge in demand…Land acquisitions often deprived local people, in particular the vulnerable, of their rights…Consultations, if conducted at all, were superficial…and environmental and social safeguards were widely neglected.”

So why are land deals popular? That is surprisingly easy to answer: strong demand and willing suppliers. The big investors tend to be capital-exporting countries with large worries about feeding their own people. Their confidence in world markets has been shaken by two food-price spikes in four years. So they have sought to guarantee food supplies by buying farmland abroad. China is by far the largest investor, buying or leasing twice as much as anyone else.

Local elites have also played a vital role in spreading land deals. In a Tanzanian project described by Martina Locher of the University of Zurich, “local people who refer to customary law have a very low level of knowledge [and cannot] defend their land rights.” [/b]In contrast, she writes, “state law is mainly represented by district officials, who…enjoy a high level of respect by local people.”

[b]Then there is corruption. Many of the west African “land grabbers” described by Ms Hilhorst are local politicians, civil servants and other urban elites who bribe local chiefs with gifts of motorbikes. Madeleine Fairbairn of the University of Wisconsin, Madison, argues that in Mozambique, an informal division of the spoils has emerged. Local bigwigs use their influence to get “facilitation fees”, while national leaders manipulate the law and promote (or obstruct) projects to their own and their supporters’ advantage.


Many development projects work this way. What makes land grabs unusual is their combination of high levels of corruption with low levels of benefit. Ruth Meinzen-manliness, one of the authors of the IFPRI study, says that in 2009 the balance of costs and benefits was genuinely unclear. Now, she argues, the burden of evidence has shifted and it is up to the proponents of land deals to show that they work. At the moment, they have precious few examples to point to.

http://www.economist.com/node/18648855
Whao! Interesting read. Every one should read it.
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 6:18pm On Jun 11, 2011
Aigbofa:
They will sink $400 M into a project and hand it over to the state government in three years? We all know this will not happen unless the company is engaged in charity.

Some of the farmers at shonga are just starting to break even after all these years and our Korean friends will be off in three years!
I think you have a valid serious point. But I still hope this can be managed if the Govt study the proposal very well and ensures it guarantees the ownership of the land remains with the people of Ekiti.

Except you think that is impossible.
Nairaland GeneralRe: Buzugee/Nairaland, So I Want To Talk About Living Abroad by OAM4J: 6:00pm On Jun 11, 2011
Katsumoto:
^^^^^^^^^^^^^^^^^^^^^^^^^

Mr Kilode, Kilode dey gan

Just choose one; they all have big ikebe and big thighs.

Ceteris paribus; the only differentiators are their dress mode and attitude. lol

Yoruba polygamist; you Yoruba men too like women. We haven't heard from your fellow polygamist, prof ola ola since yesterday.
And I used to think am the only authentic polygamous African man. grin
Nairaland GeneralRe: Buzugee/Nairaland, So I Want To Talk About Living Abroad by OAM4J: 5:59pm On Jun 11, 2011
[quote author=Kilode?! link=topic=590933.msg8500746#msg8500746 date=1307810756]Why this vicious war against Polygamy? Why?

Must we choose one? Why not all? angry

What is Nerdy, Tomboy and Berbie? They all sound Oyinbo to me o, so I no fit choose lipsrsealed

But if anyone of them has correct Yoruba Boi property, i'll pick ASAP cheesy

So Raggie, can you post pictures?

[size=15pt]I think smart ladies with correct well carved "nkan n mbe" are the best sha. So maybe nerdy, "smart and uninterested" makes the "hunt" more fun [/size]

I'm still protesting for my right to varieties, I refuse to be monogamously caged  angry[/quote]Ok Kilode we don hia. (@Ragdlz,  what is Kilode's abrev name?  grin)

Can someone get Debosky and DK from romance section for us?
BusinessRe: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by OAM4J: 5:21pm On Jun 11, 2011
fyneguy:
He added that the investors would hand over the project to the Ekiti State Government after three years of managing it, explaining further that the scheme is also expected to provide free construction materials as well as tools for rural farmers.

Is it me or some people did not read this in the article?

For your information, not all agri-biz investors are interested in land ownership. From what I could infer from the article, the investor is more interested in the farm produce. They have offered the government what we call guaranteed purchase- I buy anything you produce- this may be 100% or less over a definite period of time, which may be extended with right of first refusal.

The company is bringing money, managerial and technical expertise which will be transferred to the employees within 3 years of operation.

I don't see anything sinister in this offer. If anything, the company could have cleverly structured their offer to Ekiti government, with little or nothing
going to Ekiti.
Gbam! +1
Nairaland GeneralRe: Why Do Some People Change Their Picture On Facebook After Being Found? by OAM4J: 4:47pm On Jun 11, 2011
We are not bullying him, actually I gave him the name and he is yet to pay me for it.

And are you still jollosing my wife?
Nairaland GeneralRe: Why Do Some People Change Their Picture On Facebook After Being Found? by OAM4J: 4:31pm On Jun 11, 2011
190:
I dont like that name angry angry
But it fits you perfectly, you should ask Seun to change your moniker to it. You can pay me and thank me later, pink punk wink cool
Nairaland GeneralRe: Buzugee/Nairaland, So I Want To Talk About Living Abroad by OAM4J: 4:16pm On Jun 11, 2011
ragdollz:
Lol. Yes ooh isale "mama" gee, I totally got it cheesy. I got it that Kizzleboo is your private domain, so my bee-zy self should quit "buzzing" around him grin. Yeah, I got that very well grin.

OK ooh, OJ "Orange Juice" OAM4J, I will give more time. Meanwhile, maybe for once, u guys should formulate a test/survey for the females. Or don't you guys care at all about what goes on in our heads??
grin
By 7pm naija time, u can release the result jare.

Good idea. About time we have a test for the ladies too. cheesy


@Kats. Can you come up with one later today after we get the result from ragdollz?
Nairaland GeneralRe: Buzugee/Nairaland, So I Want To Talk About Living Abroad by OAM4J: 12:32pm On Jun 11, 2011
ragdollz:
Buzzing around Katsumoto?? Oh, you mean Kizzle, aka K-master-K grin. Ooooh, so that's what this's all about. Me I no de fe okoloko o, if he's urs u for talk am tey cheesy. No wonderrrrrr! From day one u warned me off him (as if for my own good) grin not knowing u're protecting YOUR interests! You see urself?? So what's it gonna be? Pistols at dawn? Cos I don't scare easy oooh. You sef know grin
Hey! I hope you are not taken that comment abi na question personal o. Na so we roll and kid ourselves o, nothing dey. trust me. You only need to read more pages to know.

Wey the isale girl and the japanese-Afgan boy sef? grin
Nairaland GeneralRe: Buzugee/Nairaland, So I Want To Talk About Living Abroad by OAM4J: 12:26pm On Jun 11, 2011
^give the remaining guys another 12hrs to come online and take the test,

Where is Kilode, and Debosky sef?
Dating And Meet-up ZoneRe: Iice Can I Meet You? by OAM4J: 4:31am On Jun 11, 2011
Mukina is experiencing a massive blackout now. I know say na my problem, I go fix am soon, I only need some change of bulbs and do some transplants.

In the main time pls answer my questions. And I fit help you with the baptism, I only need 3 kegs of pammy.
Dating And Meet-up ZoneRe: Iice Can I Meet You? by OAM4J: 4:15am On Jun 11, 2011
Congratulation o. Which name we call am? And who be Cuckoo sef?
PoliticsRe: Awo Family Without An Awo By Sam Omatseye (The Offensive Article) by OAM4J: 3:47am On Jun 11, 2011
Oh my!!!  My Grandad used to play this music all day until it became part of everyone in the house, but I only got the messsage of the song after I grew up. Profound!


[flash=480,390]
https://www.youtube.com/watch?v=cSEP6GQhneM[/flash]
Nairaland GeneralRe: Buzugee/Nairaland, So I Want To Talk About Living Abroad by OAM4J: 3:40am On Jun 11, 2011
^ Take panadol for your headache and make a choice jor
PoliticsRe: Let's Have Your Complaints Here by OAM4J: 3:33am On Jun 11, 2011
^Done. Thanks.
Forum GamesRe: Second Vowel Letter Game. Volume ll by OAM4J: 3:19am On Jun 11, 2011
Anthem
FamilyRe: Strange! : Woman Delivers Seven Babies In 11 Months (pictures) by OAM4J: 2:58am On Jun 11, 2011
Very strange indeed!
FoodRe: The Official Nairaland Kitchen!!!!!!!!!!!!!!! by OAM4J: 2:53am On Jun 11, 2011
[quote author=alj_harem link=topic=451442.msg8497036#msg8497036 date=1307751383]Can i have isi ewu and a bottle of water cheesy

thanks[/quote]Enjoy Alhaji

https://shop.peppersoupjoint.com/WebRoot/Store3/Shops/es136684/Products/ho_40407/ISI_EWU_2.jpg

[img]http://3.bp..com/-7cvfsEqfGCI/TZWfipKVqhI/AAAAAAAABUg/2rMzzDyfacM/s400/cold-water_300.jpg[/img]
PoliticsRe: Awo Family Without An Awo By Sam Omatseye (The Offensive Article) by OAM4J: 2:33am On Jun 11, 2011
Whao! What more can I say?

This is definitely not over yet.
FoodRe: The Official Nairaland Kitchen!!!!!!!!!!!!!!! by OAM4J: 11:02pm On Jun 10, 2011
Odunnu:
shey you know I can sue you for. . .plagiarism?stop stealing my line.
Now get me a bowl of fura da nono
Dont sue biko. You didnt put copyright it.

Enjoy the best of fura. I love fura too, I drank a lot of it when i was in Sokoto for a year.

https://profile.ak.fbcdn.net/hprofile-ak-snc4/50260_121563336503_7364318_n.jpg
FoodRe: The Official Nairaland Kitchen!!!!!!!!!!!!!!! by OAM4J: 10:58pm On Jun 10, 2011
^ I love that grin grin grin grin grin
PoliticsRe: First Woman Speaker Elected In Oyo State by OAM4J: 10:50pm On Jun 10, 2011
^Thanks
FoodRe: The Official Nairaland Kitchen!!!!!!!!!!!!!!! by OAM4J: 6:58pm On Jun 10, 2011
[quote author=Natasha,, link=topic=451442.msg8495259#msg8495259 date=1307727994][i]sweery job calls  cheesy clear this  cheesy put it somewhere else or is it politics too, its actually a reply to the topic   undecided
https://www.nairaland.com/nigeria?topic=687549.msg8494749#msg8494749/i]
[/quote]Thanks. the subject of the thread is political, its even on the home page.

Pls leave issues of politics section on the politics complaints thread for me dear

This kitchen is my relaxation joint and I dont wanna mix politics with pleasure wink grin
FoodRe: The Official Nairaland Kitchen!!!!!!!!!!!!!!! by OAM4J: 6:36pm On Jun 10, 2011
^Yes darling kiss kiss kiss kiss Am sure our customers will understand your need for a rest.

The meeting was quite very exhaustive, we had to consider all the available options, view and try them from all angles in other to arrive at a great climax conclusion.

All for the best of the kitchen. cool
FoodRe: The Official Nairaland Kitchen!!!!!!!!!!!!!!! by OAM4J: 6:19pm On Jun 10, 2011
@hunkyjohn

Dont repost your last post else you will be banned. It has been caught by spam bot, it is only visible to the moderators. but you will find it in your post history. Sorry.

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