₦airaland Forum

kaludestiny10:
Some persons will just sit in front of their laptops and churn out unverifiable data or statistics. If you want to see and feel poverty in Nigeria, then head to the Northern part of this country and you will be shocked at the level of poverty there.

The data actually seems correct. It only seems strange cos of the way it was presented. Presenting poverty statistics per square mile is quite tricky, especially when you consider the tiny landmass of the SE.

Cromagnon:
Look who's talking




Banks are private companies listed publicly
It's private money
Not govt
Govt already bleeped up everything it touches
Now extending it's nonsense to private Sector.
So if I buy shares in your company it's now govt that will determine how it will be run or me and you?



Mention one thing run by govt that doesn't turn to shit
Mention one private bank that the west dictates it's personnel or internal policies?

Please mention these different laws?



Were you not paid with public money? Or is it your money from your logic?


SMH

Truly God is all powerful
Since tower of Babylon we have never all seen eye to eye
Now I believe

So in all these wisdom and intelligence you desperately try to showcase, you don't understand the meaning of 'regulation'? So because the govt messes up everything it touches, owners of commercial banks should be allowed to run the banks and use depositor funds anyhow they deem fit without any form of regulation whatsoever? Do you even understand the difference between the CBN 'managing' vs the CBN 'regulating' the operation of commercial banks?

Meanwhile did you just say that the money in banks is private money? Is the money owned by the owners of the bank and should the commercial bank owners be free to do whatever they like with people's money? What planet did you get such primitive idea from?

Meanwhile, comparing ownership of a bank to my ownership of a private mobile phone (which I bought with my own money), that's just taking dumbness to a whole new ridiculous level. Banks hold the money of millions of members of the public; the money in banks does not belong to the bank CEO!

The sensitivity of banks and the role they play in society is the reason every country on the face of the planet has a central bank which closely monitors and regulates the operation of commercial banks. If a bank CEO flouts the regulatory requirements, he/she can be forced out of office by the regulators and even charged to court (depending on the nature of the case). Because you personally set up a bank does not mean that you have a right to run it anyhow you like.. and no! this is not restricted to Nigeria.

Go educate yourself and stop spewing ignorance abeg.

Cromagnon:
name one organization that does not thrive on other people's money.
So your phone is not your property or you did not buy it with being paid by other ppl money
See reasoning
Cognitive dissonance is truly a thing

Wow! Wow! Wow!!! In a million years I would never have expected such a painfully ignorant response.

Banks are public limited companies that hold the funds of people; the key phrase here is that they hold depositor funds and these depositors are ordinary members of the public. The money in bank vaults do not belong to the bank, the belong to people... There's a good reason why the laws that govern the ownership and management of banks all over the world are different from the laws that govern other kind of businesses. There's a good reason why Central Banks all over the world closely regulate the daily activities of commenrcial banks.

However you came up with the extremely lame comparison between bank ownership vs. ownership of personal phones, only God knows. I bought my phone with my property and my phone isn't public property.

And then you actually talk of Cognitive dissonance? Young man do you even have the slightest clue what cognitive dissonance means? or you just stumbled upon the phrase somewhere and thought it would make you sound smart?

"He has been disqualified from the electoral act already.... By the time we reach the constitution it will be to convict him.”

Wahala!... That's if Nigeria doesn live up to is expectations again aas a lawless country.

Cromagnon:
Why should they step aside from their property? All these problem started when Soludo stated dictating banking to bankers and amplified problems.

Oga, when you head an organisation that thrives on other people's money, such organisation is not your personal property.

Just a case of greedy CEOs not wanting to step aside...

bolacode:
What would is cost Obi to arrange a press conference and address Nigerians and Obidients about his arrest and deportation from the UK?

It shouldn't take an innocent former Presidential Aspirant, who was "wrongfully accused", anything, to clear the air about the accusations and his innocence. Tinubu's media team has come out several times to clear matters about his alleged involvement in drugs. Is Silence still golden when one's garment is being soiled?

What think ye dear Nairalanders?

seun lalasticlala

Deportation?.... Press conference to address what exactly?

He was held at the airport for a few hours but later cleared after it was discovered that someone (obviously a paid political actor) tried to impersonate him. The story was widely publicised by UK and Nigerian media, so what exactly is the press conference meant to address?

Meanwhile after clearance, he left the airport, completed his business in the UK, was even seen in a London church on Easter Sunday before he returned to Nigeria. How some of you arrived at the clownish conclusion that he was 'deported' is still a mystery.

maasoap:
That is the lie you deliberately inserted in your comment.

Take out whatever you think is the lie. The message is still the same.

Majesty7:
Interpreting law in a lame man way will only end you up in jail. The only way you can view this and to easily clear your skull is to reason thus; a particular state has 36lgas and one of the LGA houses the governor's office. Must the running governor wins the particular lga where the government office is situated before he could be declared a winner? Is the LGA different from other LGAs in the state because it houses the governor's office?

Until you are able to interpret the law like this, you will forever remains a perpetual crying baby.

Good day

Looking from the logical point of view, I believe the original intention of whoever wrote the constitution was clear (i.e. FCT should be counted as one of them states). But within that very section of the constitution, it was wrongly worded. The issue here actually stems from a wrong use of English grammar by the person who drafted the constitution.

KillSars:
I need two third of orange, banana, cashew, mango, apple, pineapple, grape, pawpaw, and watermelon

What does it mean?

A little adjustment to your analogy... Inside a fridge you have an orange, banana, cashew, mango, apple, pineapple, grape, pawpaw, watermelon and a bowl of yogurt.

Someone gives an instruction saying - "go to the fridge and get me 2/3 of the fruits and the yogurt"

What exactly does the above statement mean? I think the meaning is clear in plain English, but perhaps, it might have a different interpretation in Law.

In summary, any Yoruba person who doesnt suck the ass of Tinubu is an 'omo ale'.

I've just learnt a new one today; thanks to rampaging morons.

Fabroxzo:
I did a survey with my engineer friend and if you want a standard duplex built by an engineering company, the total we calculated was #15.5m.

A duplex with N15million? Have you handled a building project in the last 3 years?... Are you aware of the kind of inflation in Nigeria?

Maybe 5-10 years ago, yes! But in 2023, N15m will only manage to get you to the roof.

engrrichie92:
Builders/Architects/Engineers,

I need your expert advise.

So I have got 10M naira I want to invest in my first building project (Land inclusive)

I know it is not feasible in Lagos, so looking at Ondo/Ogun state; Is this feasible within my budget?

I am even willing to pay for a comprehensive project plan from an experienced builder.

It will be nice to have a detailed breakdown of how to achieve this before I proceed

Thanks in advance.

N10m will only get you to the roofing level of 3-4 bedroom bungalow. Ignore this advice at your own peril.

You'd need at least another N5-10m to cover plastering, windows, doors, plumbing, electrical wiring and fittings, tiling, wardobes/cabinets water supply, etc..... Dont let this discourage you though. The only way to complete this is by starting.

Image123:
May 29 is coming bro, get adjusted.

I dont need to adjust to anything on this cos I already adjusted a long time ago by accepting that Nigeria is a lawless shithole country with a faulty value system.

I live in a sane and civilised country where such records would be frowned upon for any leadership candidate. But like I said before, Nigeria isnt a civilised country just yet, that explains why you and many others dont remotely think there's anything wrong or unusual about a president having a drug tainted past.

Image123:
How gruesome or filthy are the exposures? We've heard these same tales for decades.

Yeah its not filthy only to Nigerians and maybe to Africans, cos we are a lawless shithole society with a very faulty value system.

Imagine this was in the UK for instance? You have someone with a history of corruption, inducement, thuggery and now a drug tainted past exposed... And the person is aspiring to be a prime minister. Even if his history was hushed before, the moment someone mistakenly exposes it to the public, that is the very day the person would step aside. But hey, this is Africa! So there's nothing 'filthy' about this.

The unfortunate thing about all these is that no matter how gruesome or filthy the exposures are, for the very fact that Nigeria is a lawless country with a faulty value system, the candidate involved will still be sworn in on May 29th and will very likely rule the country for the next 4-8 years.

The only people who end up suffering are ordinary Nigerians at airports and border points...

Draslo:
Fake news or should I say a wrongful interpretation of a certain piece of news is more dangerous than all the combined nuclear war heads on the planet.


It is public information that Bola Ahmed Tinubu graduated from a college and then a university both in Chicago with the penultimate being Chicago State University in 1979 with a BSc in Accounting. By 1983, he joined Mobil Oil Nigeria, abi? This means that 4 years after he graduated from university, right? So was it during those 4 years that he became a drug baron? There are actual companies he worked during those 4 years. An accounting firm Authur Anderson, GTE, a very popular telephone company and Deloitte which some has presence in Nigeria. Deloitte also offers financial and accounting services. Now, this was all before he returned to Nigeria. This means Tinubu has only worked in the corporate world before joining politics.

If you truly believe Tinubu trafficked heroin, then why wasn't he jailed? Is it common practice for drug traffickers to forfeit money to the government and go scot free, if you forfeit your proceeds, you will only get reduced jail time and even that is not sure. Isn't it possible the reason Tinubu is involved in that case because he was employed to handle money, proceeds from drug trafficking. This is a crime almost no accountant is innocent for. Accountants cannot deny this. That's why there are tax havens and secret banking laws around the world because the whole banking industry worldwide is corrupt. This was what Tinubu appeared in court for. Mind you, this court case must have been for crimes committed during when he worked for one of the American financial firms. This is obviously from one of their clients because where else do Cartels get their offshore accounts?

Tinubu being called a drug baron started when he joined Nigerian politics and because of political banter from opposition politicians dished out fake news of Bola Ahmed Tinubu being a drug baron controlling an imaginary drug cartel whilst still being consulted in the corporate world and building a political standing for himself.

What seemed like harmless political banter has undergone metamorphosis into full brown fake news. Fake news that people truly believe. It is sad really. Fake news might end the world not nuclear warheads.

As an accountant earning under $3000 monthly in your place of work, you 'mistakenly' or 'unknowingly' shared same apartment with wanted drug barons and these drug barons somehow paid you over $1million to work on their accounts and you want to claim you were still doing "ordinary accounting work"?

Wagwanbrethren:
Lol. Of course they must, but when will you address awkuzu Sars and bring the perpetrators to book?

I'm beginning to see this dude as a hypocrite, always looking to score political point. I'm not sure if this guy have ever spoken against the Monday sit at home, or the killing going on in his state, but is always "very concerned" and "deeply saddened" once it comes to others state, condemning and pointing fingers when you are also guilty of the same offence.

Again, he's very right about the killing going on there,it's too much,and something should be done ASAP!

This one is equating the monday sit-at-home problem with the grusome massacre of hundreds of people within a 3 week period.

The way political sentiment drains the reasoning faculty of some Nigerians is something that needs to be studied.

EriMma1:
Please, people are criticizing this prankster for doing this. Is he to be blamed for the girls looseness?

How can you be doing runs at your place of work and now everyone is saying the guy did wrong. Me I don't see any wrong here. If the girl was decent and well trained, she won't fall for this. So cheap. All her is on the money. Kai! Girls!!! who do us like this?

Let them keep getting disgraced until they change and begin to live a decent life.

Just watch how this girl was disgraced.

https://fb.watch/jMV-UYy__7/?mibextid=jf9HGS

What's your business what she does with her own body? What made you think you have a right to invade her privacy by exposing her publicly?

If Nigeria wasnt a lawless country, all these pranksters would be paying from their nose or even be in prison.

According to some airheaded dummies, OBI isn't allowed to say an obvious truth because he's Igbo.

inoki247:
...



Why's Obi not speaking Abt the killing going on SE and the drug menace...
...

Meanwhile you asked what OBI has said about the killings in the SE? OBI has on countless occasion addressed the issue same way he addressed the similar issue of killings in the north. OBI has stated numerous times that poverty, youth unemployment and perceived injustices are the primary causes of agitations which often lead to these misguided killings and violence (and this cuts across the SE, north, SS and SW). This is also why he focused his campaign on providing employment and eradicating poverty...

OBI also said numerous times that his approach to the insecurity would be to dialogue with agitators (both in the SE, north, everywhere) because agitators usually do so out of perceived injustices. He also said he would revamp the police and military; improving personnel welfare, upgrading working equipment and most importantly, restructuring the police heirarchy. OBI has always bee a vocal advocate of multi-level policing (i.e. restructuring the security apparatus to achieve policing at the local level); he has numerous times pointed this out as his planned approach to dealing with the insecurity not just in the SE, but all around the country.

OBI repeated these things like a thousand times during his campaigns but I'm not surprised that you never heard them; you were busy focusing on his accent and looking for what to attack him with because you just hate the man.

inoki247:
I'm sure if a Northerner label South as the bed rock of crime and bunch of people spoiling the country names y'all will come online and curse the person and also call him a bigot...

You people and hiding your hypocrisy...

Oga, we are talking of poverty, and the whole world knows that Nigeria has a major poverty problem with the north being the worst hit region. Everyone says this same thing everyday, I can point out where ATIKU, BUHARI, SANUSI and other prominent Nigerians said the very same thing without any uproar. Why is it a problem now because OBI has mentioned the same thing?

If the topic of discussion is on drug trafficking, yes people of all tribes traffic drugs but from statistics, Igbos do it the most. Anyone who's angry because such a statement was made is an idiot (you can quote me anywhere); similarly anyone who's angry that someone said "the north has the worst poverty rate in Nigeria" is also an idiot.. But hey! we aren't talking about drug trafficking or even crime here, we're talking about poverty and education and when you solve these 2 problems, you solve a host of other problems bedeviling Nigeria. Acknowledging that the problem exists is the first step to solving it; denying the existence of the problem is foolishness!

inoki247:
All the people you mentioned are all dere tribe men so they've the right to speak against dere own problem...



Why's Obi not speaking Abt the killing going on SE and the drug menace...


How many times av u seen Northerner carrying the problem going on in SE on dere head ..

OBI is contesting to be the president of Nigeria, not the president of the SE or Anambra. As a president of Nigeria, it is 100% OBI's business what happens in every single part of Nigeria and even beyond, not just the SE.

Gosh! why should anyone even have to explain this to you?

inoki247:
So between greed and poverty which one is damaging the country reputation more....


There are alot of Africa countries that're so poor and you hardly see them engage in fraud or any form of crime when they leave the country they won't still commit crime....


Stop justifying crime is better to av a poor family than av a family soaked with crime where you can't even go outside and mention your family name....


One day you can break the yoke of Poverty while it will be so hard to break the bad names you've given your family through crime...

I never justified crime anywhere! The thread focuses on 'poverty', and then you mentioned 'drug trafficking'. I clarified it to you that the crime of drug trafficking is a product of GREED, not exactly POVERTY. I'm not sure how you twisted that to mean 'justifying crime', so please stop making pointless insinuations.

Now back to focusing on the topic of discussion being our 'poverty' crisis.

1. Is there a problem of poverty in Nigeria or not?
2. Is Nigeria the poverty capital of the world or not?
3. Is the north not the region of Nigeria worst hit by the poverty problem?
4. If we shift focus to the literacy aspect, is the north not the educationally most disadvantaged part of Nigeria?

If the above points are true, why then do you people want OBI's head for simply repeating factual issues that everyone already knows about?

Did Atiku not also say the north has a poverty problem? Did Sanusi also not say the north has a poverty problem? Did Buhari not also admit that the north has a poverty problem (even to the point of asking the world bank to focus their poverty alleviation schemes in the north)?... If not for hatred or just political bigotry, how then did it suddenly become a crime or an insult because OBI re-echoes the very same issues that everyone already knows?

inoki247:
Lol people always using the North as a region of Poverty.....


With all the poverty and insecurity in the North how many times av we seen dem go outside the country to disgrace the country or commit crime outside the country...


If a crime is committed outside 100 times na Southerner dey always take the 99percent spot....

People that even av enough format, enough stories they can use to procure a Visa than a Southerner from the insecurity, Religious crisis, happening in the North buh still choose to stay in the country and not go out to disgrace the country with crime...


I'm sure if a Northern politicians wake up and accuse the Southerner of always exporting crime to other countries Southerner will also call him Bigot, Alimajiri all sort of names nd even curse him everywhere go don full of noise like this...


As India get Poor people pass they've Rich people more than UAE combined...

Oga theres a difference between GREED and POVERTY.

Greed is the reason why people traffic drugs, not poverty. A person in abject poverty wouldnt even have the means to leave the country, let alone getting involved in drug trafficking.

Meanwhile, when did it become a secret that the north is the poverty capital of Nigeria? Since when did it become an in insult to say this? Or is it because it is OBI that mentions it? Why do you people hate this man so much?

muhammaduyusufu:
Peter Obi gets called an ethnic bigot because of a tweet where he narrowed down poverty to the North by using the word especially.

Those people insulting OBI are the real idiots who just hate the truth; they're simply insulting OBI out of tribal bigotry, nothing else...

Since when did it become a hidden fact that the north has the highest poverty index in Nigeria? isnt it the same thing Sanusi and Atiku and even Buhari talks about everyday? It's now suddenly a hate crime or insult because OBI mentions it? If that's not tribal bigotry, then I wonder what it is.

Similarly, who on earth doesnt know the north has a massive illiteracy problem? One second, you're fighting to retain the useless quota system by claiming to be educational disadvantage, the next second, they're claiming to be the poorest to receive Buhari's N5000 handouts, but suddenly OBI mentions poverty in the north and it becomes an abomination?....

The kind of desperate hatred these northerners have for OBI is really disturbing. Is it not true that the north is the poverty capital of Nigeria?

OBI never made any statement about Tinubu not being sworn in.

OBI never made any statement regarding an interim govt.

OBI never asked any of his supporters to engage in any protest of any kind. In fact OBI actually admonished his supporters to remain calm especially since the case is in court.

OBI only said he believes he won the election and will prove this in court.

Except if filing of a case in the tribunal is treason, I'm not sure I understand why these APC agbado mob keep running around like headless chickens over OBI's matter. Una don win election yet una still dey see OBI for dream every night.

KanwuliaExtra:
FROM $18 BILLION TO OVER $103 BILLION 22 years ago. . . .THE HIGHEST IN NIGERIA'S 62 YEAR HISTORY

Oner 5 Trillion. . . .




https://www.youtube.com/watch?v=e2KJ6jB3EFk

Actually from $62billion, not $18.

godliman:
And you think that will ruffle Oyedepo? How much is that Hangar worth? Demolition the Hanger, fine channels N5,000,000, that wont bury the truth.

Demolition of the hangar is to expand the apron of the newly built international terminal. I don't believe the idea is to 'ruffle Oyedepo'.

KanwuliaExtra:
I don't know what your point is.
Should we be clapping for the misuse of the Chinese loans?
Those sub-standard projects are an insult to Nigerians and the world.
So we should clap for the use of the Chinese loans?
I think NOT!

Apparently you still have not comprehended my point. Maybe I should break it down to elementary level for you.

Nigeria's total debt is currently about $103billion and $4billion of that amount which was from China was used for those projects listed above. Your perception about whether the projects are standard or not is absolutely inconsequential and an argument for another day; what matters is that the projects exist, we can see them, we can feel them and they are functional!

What you should be worried about is what the remaining $99bn was used for. It's actually nauseating hearing everyone talk about a measly $4bn (which was used for real projects) but no one's talking about $99bn which vanished into thin air.

ChybuzzDD:
Where did you read these $90bn and $4bn from??

The news says China's loan to Nigeria constitute 84.73% of all the loans given to Nigeria by all countries.

Nigeria also has a massive debt burden from the IMF / World bank too; foreign loans aren't only from 'countries'. I even made a mistake there; Nigeria's total debt is actually $103bn as at 31st december 2022 (not $90bn). You might argue that only $41.7bn of that amount is our foreign debt but then, $4bn from china is still less than %10 of our total foreign debt.

https://www.dmo.gov.ng/debt-profile/total-public-debt

superCleanworks:
take a wholistic view. it is Not about the 4billion but the rapidity at which the amount keeps increasing and the speed+ease at which the government runs to get these loans. Almost like it is now a default setting. This is the worry.
If we keep going at this rate then that 90 billion will become a midget compared to what our chinese debt would be.

Rapidity of it's increase? In 8 years we talking $4bn compared with a total debt stock of $103 billion, and you really think it's the $4bn from China (which were actually used for visible projects) that we should be worried about?..... Nigerians are just experts at focusing on the wrong things!

With the way everyone focuses on only these Chinese loans, I suspect some kind of conspiracy from disgruntled corrupt govt officials who desperately hate and will do anything to frustrate these China loans cos these are the only loans they can't steal from. Or how else do you explain that out of $103 billion total debt, no one seems to be worried about the $99 billion which apparently vanished into thin air, but everyone's worried about $4bn which were actually used for visible projects?

https://www.premiumtimesng.com/business/business-news/578847-nigerias-public-debt-rose-to-n44-06trn-in-q3-2022.html