For a country grappling with total inflation of ~33% and food inflation of ~40%, someone who's meant to be educated claims the cost of living isnt high?

This is the sort of thing you get when you place imbeciles and drunkards in power.

Eteka1:
Looking at the document below, it's crystal clear that Dangote Refinery can boost Nigerian economy and bring down petroleum prices.

Right now he is buying a barrel of petrol at the equivalent of $72 per barrel (which is N117 Naira per barrel).

- each barrel produces 85 liters of petrol (which is about %53 of what comes out of a barrel of crude oil).

- When Dangote starts selling in Naira from the 1st of October, it will relieve the pressure on Naira by 40%. Because importation of petroleum products accounts for %40 of the Forex demand currently.

- when there is 40% less demand for Forex for importation, the Naira will strengthen to about N1000 to $1.

- that means Dangote will be using N72,000 to buy each barrel of crude oil as against the N117, 000 that he is using to buy each barrel right now.

- with that, the pump price will drop by about %40. (From N1000 per liter of petrol to N600 per liter of petrol).

- They stronger Naira will also help reduce the inflation that is biting Nigerians right now.

Although the simplistic economic theories and calculations you put up here hardly ever works smoothly Nigeria, I still agree with you 100% that there'd be an eventual reduction in petrol prices and an overall improvement in the economy IF Dangote refinery is allowed to operate efficiently.

But that's one very big 'IF'.

Franzinni:
God doesn't know any nonsense chosen .. if you are looking for the chosen people of God in the Bible go to Israel ... And even that one is only in the Bible.

All Nigerian churches are money grabbing centers where big criminals go and pay pastor bribe from ill-gotten wealth just to feel good.

If you are looking for God ... Get to know your maker one on one ... Not though any wolf in snake clothing

Oga, in the book of 1 Peter where the apostle made the declaration "You are a chosen people of God", Peter wasn't referring to the people of Israel.

1 Peter 1:1 Peter, an apostle of Jesus Christ, to the strangers scattered throughout Pontus, Galatia, Cappadocia, Asia, and Bithynia....
...
1 Peter 2:9 But you are a chosen people, a royal priesthood, a holy nation, God's special possession, that you may declare the praises of him who called you out of darkness into his wonderful light....

So by repeatedly claiming the chosen people of God are Israelites, you speak more from the angle of ignorance than knowledge. Your opinions of the bible are obviously based on the sketchy details you gatheted from forced Sunday school growing up, rather than what you personally read or understood; yet you think you have sufficient authority in knowledge to disprove what you have no clue about?

People wey don read and dissect bible go dey dispprove, even you wan follow disprove?

Franzinni:
you can't understand... That is why you are still religious 😂😂😂 small minds remain in containers

Stay on one lane and stop confusing yourself. If you're a believer, say you're a believer. If you're an unbeliever, own up to it with your full chest. That's my point!

Franzinni:
and you had to quote the bible ... Please who was that Bible passage referring to ? You think it was referring to black Africans ? Choosen my hairy black nutsack ... It is ignorance that makes you believe all the fairy tales in the Bible ... When Jesus told you how to connect to you maker directly.. all the enlightened people who walked the earth taught the same message .. but blockheads still prefer to follow what their mad of god tells them every Sunday, if you have any wisdom you will know that there is nothing new to preach that is why they all preach prosperity mixed with fake signs and wondrs ...

Never seen so much confusion in one single post.... See how you sound so pained and triggered all because someone quoted a bible verse. The verse doesn't even have anything to do with prosperity or signs or wonders or miracles, yet you went on a tirade about prosperity?

On one hand you claim to be an unbeliever in the "fairy tales" in the bible. Within the same post you claim Jesus told you how to connect to your maker directly.... If confusion was a person......

Bobodee09:


Nawa oooo.

Once again......my point

They wished seyi law children death.......show me were yul children were wished death.

My point is the hate they both got was on different levels.

Like your other brother said.....yul was hated for political reasons while seyi law was hated for both political and tribalistic reason down to his children.

Hope you can see the hypocrisy now.

The only reason Seyi received more bullets was cos he shot back. Yul on the other hand never bothered to respond to anyone online or offline... Seyi isnt the first celebrity to support APC online, but the rule is simple - You should never engage with angry trolls online, especially as a celebrity.

Meanwhile the attacks are purely political; if you doubt, go an ask people like Rochas or Uzodimma the level of online bullets they've received. Or aren't they Igbos too?

Bobodee09:


Can you see....already making excuses for people in his region. Only hate him politically but others people who has no business with your region are hated down to there children by you people.
Is seyi law a politician?? Didn't you people wish his child death??

Haa....your hypocrisy stinks to the heavens.

Every politician in igbo land are saint while others are bad.

No be today..........shout when it happens in other region but form blind when it happens in your region.

Only foolish people don't see you people game.

Last time I checked, the people who attack Seyi Law online for his political stance, also equally hate and attack Yul for the exact same reason. No need for empty talks, can you provide a single shred of evidence to prove wha you said that those attacking Seyi are hailing Yul?

You seem to be desperate to mask your tribal bigotry under the excuse that "others are doing it too".

sulaak:


Rubbish,

Car manufacturers started as manufacturers and moved into car assemblers in the 197s following the introduction of the Japanese model of manufacturing called Just-In-Time, where a company focuses on its core values and horizontally integrates its suppliers to increase efficiency and production.

The auto industry is based on either vertical integration or horizontal integration.


Vertical integration is where all suppliers are in-housed, like Telsa gigafactory

Horizontal integration involves the manufacturer working with multiple suppliers, and the final manufacturing stage involves assembling all the parts.

Manufacturers, such as Jaguar Land Rover, will design the core of the vehicle, such as the car, build the frame in-house, such as the powertrain and frame, and buy all parts from their suppliers based on a robust infrastructure, such as an off-site warehouse, supply chain system, material flow system, and warehouse management suites.

I'd repeat my point cos it still remains a valid truth.... Literally all cars manufacturers started as car assemblers. And to date, even the most advanced car manufacturers do not produce all parts and components themselves. Just like you rightly said, they outsource the production of several key components to date...

There's no wisdom in us continually rubbishing ourselves as Africans while we praise others. Take a look at China... a few decades ago, they were literally on the same level with 3rd world Africa. Not too long ago they started producing cars by buying parts and components, assembling and cannibalising car brands; the Chinese auto industry literally started by mimicking renown global models - I remember when we all laughed over the Chinese version of the Range Rover.... Today the joke is on the rest of the world; those guys now produce some of the most advanced vehicles in the world.

BadMaster:

But you know this isn't the first EV manufactured in Nigeria, right?

That wasnt the point I was addressing. Even while in Uni, we had people who produced electric vehicles as mech final year uni projects. First or last isnt the focus here.

Kobicove:


It's not actually made in Nigeria rather it's assembled here from CKD parts

All cars manufacturers started as car assemblers. And to date, even the most advanced car manufacturers dont produce all parts and components themselves.

Yampotatocarrot:
Okay, I read through the article and I'm trying to understand the crime

Is it that crypto trading is illegal in the UK? When they say crypto ATM, is it like a physical ATM or a website?

Someone that understands should explain to me biko

I think his only offence is that he hasnt properly registered the business with the financial authorities.

chatinent:
I read this post by Ishilove: https://www.nairaland.com/8209708/how-man-helped-accident-victim and wanted to comment this: avoid being a victim of your kindness but it may be stomached with a wrong conception.

Here is my story:

The help I did in 2017 to FMC that cost my three days? I rushed the woman who's just been hit by a kinda hit and run..and the issue of police report started. Good Samaritan me drove with my Bolt vehicle to the station and after narrating, what came out from the Police Constable was "Guilty Conscience. God works in mysterious ways."

The rhetoric hit me like a letter bomb. I stuttered to explain myself better, and was finger-signalled to meet was caricatured by another officer who asked me what happened again, in an attempt to add his own mockery as an end-remark....which he did: "Una no dey ever change this story? Pray she lives or you are in for a long ride."

I wan die that day. I explained that I was with the military (if it would make a difference) and I knew the law and all that. And why would I hit her, come to the station and deny it? Glaring to me, the first Constable who was a woman responded to my rhetorical question with a scorn again: "guiltttttttty conscienccccce ooooooo."

I gazed at her, consumed by a sense of hollowness. And then, from behind, a voice echoed: "'I was in the force, I was in the force's, so what? Make we run? So you want to threaten us or what after nearly killing someone?"

The female constable responded again: "no, he wants to beat me. Na so dem dey"


I was told to write a statement of what happened but this officer won't let me write my own narration. He'd be telling me how to write it if I wanted to be out of there quickly, what what he was dictating was implicating which I refused...and he resolved to teach me a lesson "so far na en station where I dey."

"Oga, I am the one who is trying to save a life, why do you want to implicate me? Would it have been better I left her to bleed to death? Where did I go wrong?"


I demanded to speak to my lawyer or the DPO and they laughed, mimicked scornfully and laughed harder.


Ok, both of my phone's was siezed...and my smartphone was where I had some contacts who could use their position to help me out of this...plus my CO then who was serving in that state. But this people gave me my Itel button phone. I politely requested for the smart one and they bluntly refused giving clumsy excuses.


I sat behind the counter until my black trouser wore out. And it was a Friday. One officer who's been observing for a while came to me and asked what my case was. I explained to him. I couldn't adequately express myself as tears threatened to accompany my words...but I did. After he calmed me, he asked who could corroborate my story and I told him. He told me that the officers wanted the DPO to leave so I could be in cell until Monday when they'd revisit my case. My heart was just shattering anyhow. I told him I needed to speak to the DPO, then my smartphone to call my people, plus the hospital.


They (without this new good officer) took me to the DPO and the black devil trying to implicate me before started speaking for me, rephrasing my speech but instead of adding sugar, they added salt to the injury making it look like I wanted to outsmart them. I requested to speak for myself and the officer who brought me in told me to shut up.


If I hadn't given the Nurse in charge of the accident victim my number, e for don bi for me o.


The DPO told the officer to let me talk. I narrated everything again, and didn't leave any stone unturned, even the few pebbles about trying to implicate me. She asked for the hospital to be called. And I gave the number.


At that moment, they couldn't reach the doctor. But the accident victim's family were present in the hospital. The DPO told them to take me to the hospital. When we were out of her office, this officer insisted he'd cuff me before I am allowed to enter their vehicle...of course which I refused. I SERVED NIGERIA TOO AND WONT BE TREATED LIKE A CRIMINAL! And that by law, it was false imprisonment, and against my human rights. At this moment, swears, I was ready for resistance. I spoke loudly that I am not a criminal and won't be subjected lesser as a toutish one. I also told him to his face that after I am exonerated, I will make sure he pays for all these (and he thought I was joking).

Amidst all the back-and-forth, the hospital reached out to the DPO and she promptly called us back to her office. The woman victim was conscious and verified that I did not harm her. She mentioned that everyone else abandoned her while she was bleeding, and I was the only one who came to her aid. It was being broadcasted for everyone to hear. She expressed her dissatisfaction with the way I was treated and questioned the reason behind my arrest.

The DPO, in my presence, ordered I should be released unconditionally and apologized.

But can an apology heal the trauma?


Could you believe after the DPO left, this godforsaken demon asked me to pay bail or he'd keep me in cell till tomorrow. Omo, I screamed "over my dead body" subconsciously and audibly. And he was like "hand go touch you soon no worry."


Anyways I left after deliberate delay tactics of about two hours. I could not go back to the hospital because the whole event made me fall very sick. But the accident victim lady visited after recovery. She's visited a sick me because my mental health was affected. I couldn't even meet my weekly sums from the Bolt. Two days after the whole event, I tried to drive and my eyes was still seeing rotating images so I had to hug pillows again until I felt much better.

About that officer, story for another day.



But you see me now?


I refuse to be from Samaria anymore. It nearly cost my life.

This story actually gives me the chills! Nigeria is just a hell hole, else how can officers be able to do this with no repercussions? 🤦🏽

This is why so many accident and robbery victims perish needlessly cos everyone is afraid of the imbeciles in the police force.

Even though Reno is a renowned rascal, I can't judge him on this based on the sketchy info put out in the public space. From the text put out by the ex-wife, one can read between the lines and discern why bros ran for his life and into the arms of the other woman.

People desire all manner of things in a partner, but experience has taught many that the most important quality a man needs is a respectful wife that gives him peace of mind. Two captains can't be in a single ship, it never works.

Godwin4444:
hes exposing your agulu fraud n we are ok with that

He made us know your agulu fraud didn't mould one school block for 8 years n even raise tuition fee beyond middle class income

That alone will make Reno omokri my favourite for life

So we still have people regurgitating this pointless argument?

Someone renovated and revamped existing schools so much that basic education in the state became undisputably No. 1 in the country. But some compatriots in their wisdom think this isnt an achievement cos new schools weren't erected? In places where old schools were abandoned and new schools erected, what impact did that make in their UBE rankings compared to Anambra?

This mentality speaks volumes on the IQ of Africans; reason why politicians come every 4 years and successfully use the most stupid promises to deceive voters, turning Nigeria to the abandoned project capital of the world.

KINGsXchange:


Bro i didn't said tinubu is a savior. I'm asking if obi is the savior yall want.? What make the differences if obi is the president. Cabals are the one controlling Nigeria, not the president. The politics is within

Interesting!... I never knew the cabals were the ones squandering N250 billion to acquire new luxury jets and relaxation yachts for the president's pleasure, right in the faces of Nigerians dying in hunger. I'm sure the cabals are also the ones junketing about the world with entourages of over a thousand people while at the same time, they ask Nigerians to tighten their belts.

If a person like OBI was president, do you honestly think the so called cabals would have been able to "twist his hands" (as you claim) into those foolish extravagant expenses?

dre11:


https://punchng.com/presidency-disowns-yacht-spotted-in-france-with-nigerian-flag/?amp

Same way the clowns vehemently denied the new presidential airbus, only to turn around after a few months to shamelessly acknowledge it.

Wow!... The only smart person in the entire government media team; the only decent speaker with a bridled tongue that has ever functioned as a government spokesperson.

I'm not surprised Ajuri is running away cos defending a government like this without dipping yourself in a cesspit of public stupidity is akin to a camel passing the eye of a needle... Bros has left the job for scallywags like Bayo Onanuga.

I'm actually impressed with Ajuri; it shows we still have humans with self respect.

Bobloco:


Did you ask Tinubu this question?

Tinubu was asked this same question on how he'd solve the problem of insecurity. His response was that he would recruit 50 million youths into the army. When asked how he would support that, he claimed he would feed them with cassava, yam and agbado.

Some Nigerians overlooked that and voted him. We're all suffering the result today.

If Dangote is truly ALLOWED by the powers that be to produce petrol at full capacity, irrespective of how much he chooses to sell at, half of Nigeria's lingering economic problems would have been solved with one strike.

Kudos to Dangote for doing this in Nigeria!

If we get this right and if Dangote is ALLOWED by the powers that be to produce petrol, Nigeria would be solving half of its economic problems with one strike.

Boyooosa:
We need a replica of this kind of judicial system in Nigeria, corruption is killing us day by day

it will take at least 100 years of steady progress before Nigeria develops this kind of judicial system. Have this system in Nigeria and 99% of 'comfortable' Nigerians would be in prison.

StillDtruth:


See how you prove you are completely mad and stupid. The topic is about tithe.

What kind of agbero Christianity is this one practicing by insulting and abusing everyone on the thread with opposing views?

No offence but you sound like a very bitter ex-pastorpreneur whose church business folded up cos your members refused to pay tithes.

These are the kind of useless policies you get when you have clueless dinosaurs in positions of authority, courtesy of corruption, nepotism and kakistocracy.

With this new policy, if I'm to predict the potential trajectory of the majority of students, an otherwise brilliant pupil gets to SS3 at 16, and then graduates to Yahoo-Yahoo academy. Other engaging factors would be drugs, gangs, prostitution etc. By the time they clock 18, the child's brain would be frozen from inactivity. They then sit for waec and jamb and fail repeatedly until they eventually either give up as dropouts.

By the end we would have substituted a generation of brilliant minds for yahoo yahoo dropouts.

ShinnBet:
Oando, being a major player in both the upstream and downstream oil sector decides to acquire AGIP, a partly foriegn state owned oil company.

Is AGIP now NNPC ?

And fyi, IOCs are pulling out of Nigeria owing to series of challenges. Here are just a few :

1. Western countries are heavily demonising hydrocarbon exploitation and use. AGIP gets taxed heavily in their native country of Italy.

2. Climate change policies has seen to a drastic cut in institutional investors and banks investing in hydrocarbon extraction .

3. Insurance cover for these IOCs has astronomically risen owing to oil theft, vandalism and other security challenges in the Niger Delta.

4. AGIP like every other IOC have been given tax breaks and govt subsidies to invest in so-called renewable energy.

With the above, all IOCs in Nigeria are scaling back or existing Nigeria all together.

I don't even know why a local player taking over assets of an IOC is a problem. For one, the capital flight by IOCs will be over just as most of you see Dangote refinery as a relief from importing refined crude products from Europe.

Another thing to ponder on is that the acquisition by Oando of AGIP was not done in secrecy. Before such a deal will go through, both the regulatory bodies and shareholders in both companies must agree to such a deal. Once that is done, it is required by law to deposit the details of such acquisition/merger in a Federal High Court and a pre announcement given of the deal. This is to ensure that anybody not in support of the deal can approach the courts to halt the acquisition. Same similar scenario is playing out in First Bank over the governing board decided to issue additional shares. Some shareholders have taken the management and shareholder board to court to stop the issuance of additional shares on the Nigeria stock market.

Now with all this in play , can you tell me what wrong Oando committed ?

Can Oando a private company be barred from acquiring another private venture?

If you want to complain, then let's look at how Obi used state funds to invest in his own company. Now that there is the real corruption.

Obi did not even innugurate a State Investment Board. Rather only him oversaw the collective wealth of Anambra state directly into businesses he held substantial shares in.

I was reading this and it seemed to be making sense until OBI's name strangely entered the analysis.

Abeg wetin concern OBI and AGIP and OANDO?

Is there anything that happens in Nigeria today without OBI's name being mentioned?

50-60m

AImoneyAdder:



The World is Going Solar,
Unwise Africans Are Still Buying/Importing Electricity.

The person preaching to you that the world's going solar is busy buying cheap raw materials from you to build his 50th coal plant.

shortgun:
When we say Tinubu is inept, reckless and insensitive to the plights of Nigerians some moronic numkskulls we call us names.
How do you purchase a 150 billion aircraft for your personal use in a country where millions of the citizens cannot afford 1 decent meal in a day

The $100million (N150billion) price tag dubiously bandied about by the presidential spokesperson is just the face value. After acquiring such luxurious jets, it's standard practice to reconfigure it to desired style and taste.

I can bet my last dime an additional $20-50 million dollars was spent in reconfiguring that aircraft before delivering it to Nigeria. Actual cost of that jet should be in the range of N200-250billion.

Nigeria has some of the most insensitive leaders in the world, and of course some of the most foolish followers. A look around this thread and you'd see some foolish followers who cant afford danfo fare defending such wasteful expense.

The problem has never been the poliicians; the real epidemic we have as a nation is the multitude of idiots that hail and defend the sleaze even when they personally profit nothing from the politicians.

MasterJayJay:
Nawa!!