Politics › Re: Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista by obailala(m): 9:02am On Sep 21, 2022 |
Agboriotejoye: The op was responding to the narrative pushed by a government functionary who sought to turn facts on his head by employing the narrative that APC have overall done better than PDP in the management of the economy. That's the crux of the argument he's trying to make. For example, when he says Nigeria was earning over 100 per barrel through the years of the PDP, he conveniently leaves out the fact that between 2006-2008, the Niger Delta militancy was at its peak. Oil production was also low then yet, ECA grew. ECA is a function of oil price. It is excess crude account. Before a govt proposes budget benchmark for crude price, they sit down and calculate the projected BPD for the year. It is based on that they give a benchmark price and excess on the price is moved to the ECA. Don't get it twisted, this is not the first time oil price is exceeding the benchmark price in this administration. Between 2018-2019, oil price also exceeded the benchmark price yet the ECA did not grow. Go check it out. You still dont get the point do you? I'm not here to argue PDP vs APC. The OP said ECA was a function of oil price and querried why ECA was dropping despite higher prices than benchmark. My point focuses strictly on that; I pointed out that in addition to oil price, ECA accruals are also influenced by production volumes. Production volumes have been far below expectation in the last few years owing to different factors (pipe vandalisation, COVID19, govt failures etc.) Once again, I'm not here trying to argue PDP vs APC or whether it is govt's fault that production volumes are down. All I tried to point out is simply that oil price alone does not determine what goes into the ECA; oil production volume is also an important factor which the OP obviously failed to recognise. |
Politics › Re: Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista by obailala(m): 8:36am On Sep 21, 2022 |
Agboriotejoye: Like I said, we are doing comparative analysis here. No one asked PDP govt to create ECA. OBJ did it of his own initiative based on the unsavoury experience he had with Western leaders when pursuing debt relief and also the examples from UAE and Saudi's wealth fund investments. When Yaradua took over, Nigeria's crude oil production was abysmally low due to the Niger Delta crisis. The crisis was threatening to even send IOCs out of Nigeria. He went about solving the crisis and returning confidence in the investors. That's how govt should work. Solving problems. So many oil wells in Nigeria are dormant now, not even because of Niger Delta crisis but because of the obnoxious offshore bill signed in 2020. It has led to IOCs divesting seriously from Nigeria. A good number of them have moved to Angola. So when you raise the point of oil production level, you should be patient enough to find out why exactly that is and why this govt is unable to resolve it. Without doing that, you're making excuses for the govt. I wasnt analysing the what's or the why's or the political argument bordering on whether this govt is good or bad. Everyone knows the govt is a failure but that isnt what my comment was about. All I was doing was pointing out the error in mathematics by the OP; ECA isnt a function of just oil price. |
Politics › Re: Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista by obailala(m): 8:30am On Sep 21, 2022 |
israelmao: Did Ajuri mention that Buhari administration has made N9trn in subsidy payment in 7years some of which was unjustified according to stated facts?This is the same Buhari who referred to subsidy fuel payment as a fraud to prior his election as a democratic president.Big oil thieves are having field a day with collusion of some political elites in this administration and you expect ECA's growth? The numbers he quoted were correct, that is the point. |
Politics › Re: Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista by obailala(m): 7:56am On Sep 21, 2022 |
Agboriotejoye: You see what I'm saying? More excuses. APC govt does not believe in solving problems. They are only good at highlighting it. May I ask whose responsibilities it is to ensure we produce as much crude as we should? I'm not a member of the APC govt. I was only passing bye and saw people brandishing false figures and analysis; all I did was to point out the error in the analysis. So please tell me, how is that a bad thing? Is that what you term as "making excuses for govt"? Would it have made me a better man if I saw wrong figures and simply kept quiet because I dont like the govt? |
Politics › Re: Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista by obailala(m): 7:38am On Sep 21, 2022 |
israelmao: Did facts stated take away Ajuri's misrepresentation of facts?Because your questions seem to be finding a soft landing or excuses for Buhari's economic blunders. What Ajuri said is the truth. Despite the higher oil price, ECA hasnt grown because Nigeria isnt producing and selling as much crude as it should. |
Politics › Re: Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista by obailala(m): 7:30am On Sep 21, 2022 |
TonyeBarcanista: Tonye Barcanista is a political analyst and social commentator. He writes on Nairaland.com and @TonyeBarcanista on Twitter Ajuri didnt misrepresent any facts, you simply got your calculations wrong... Accruals into the ECA isnt just a function of oil prices alone. Did you consider production volumes in your calculations? Obviously NO! While the oil price may currently be above the budget benchmark, Nigeria's oil production volume has been far below benchmark; i.e. the volume of crude Nigeria has been selling in the last few years has been less than 50% of the targetted volume. Nigeria isnt even meeting its OPEC quota. |
Politics › Re: Sanwo-Olu: Lagos Attracts 80% Of FDI Coming Into Nigeria by obailala(m): 7:06am On Sep 21, 2022*. Modified: 7:25am On Sep 21, 2022 |
These people who ascribe Lagos' Centre of Excellence status to Tinubu, what sort of delusional disorder are you guys even sufferring from? |
Romance › Re: Men Stop Taking Random Girls To Your House by obailala(m): 7:35pm On Sep 20, 2022 |
Classickj: at least you will be able to control the situation Lol... you bring a girl home and she has a terrible asthma attack. If she was the first girl you've ever brought to your house, how does that make the situation better for you to control? |
Politics › Re: Ajuri Ngelale Berates PDP For Attempting To Come Back In 2023 by obailala(m): 5:23pm On Sep 20, 2022 |
mrvitalis: This guy is Funny The highest PDP was spending on subsidy was 1.6 trillion ...yet APC is spending 6.6 trillion and yet this one has mouth to talk ?
Did this guy just lie we spent just 2 billion dollars on subsidy ? Subsidy cost for 2021 was over 12 billion dollars and yet this one has mouth to talk ?
Excess crude account ? Oil has been selling above bench mark yet zero cent was added to the excess crude account instead it reduces
When they gather APC zombies like this and feed them this lies let them make sure that it doesn't leak out to the public honestly ....some of us get sense ooh $12 billion for subsidy in 2021 alone?  Oga Vita where you dey even dig out your own version of data from? Radio Biafra facebook comments? Meanwhile no dime is accruing to the excess crude account cos Nigeria is currently not making excess revenue from oil; oil price may be higher than benchmark but the volume of crude Nigeria is producing is less than half of the target. And hey, I dont intend to defend the govt, but abeg make we dey criticise with reasonable facts and figures. |
Romance › Re: Men Stop Taking Random Girls To Your House by obailala(m): 5:12pm On Sep 20, 2022 |
Classickj: A Twitter user has shared the story of how his neighbor was recently arrested after the lady he brought home passed out while they were having sex.
The Twitter user @josh_uglyasf stated that the man boasts about changing women a lot, and all advice given to him to stop having sex with multiple partners fell on deaf ears. Recently, the said man brought a lady home who unknown to him is asthmatic. While they were having sex, the young lady passed out.
The police were invited and were able to remove the unconscious lady from his apartment after which they took the man into custody.
Read the story below...
https://twitter.com/josh_uglyasf/status/1569659336313430021?s=20&t=YPuCLCFJ2PTiRkq149ySbw[/quote]A man who brings home only 1 familiar girl can also find himself in the same situation. |
Politics › Re: No Igbo Man Can Win Presidency In 2023: Orji Kalu Writes Off Peter Obi by obailala(m): 5:03pm On Sep 20, 2022 |
May God just use 2023 to put these career Nigerian politicians to shame ...
Structure in the Nigerian political context is synonymous with large amounts of money, thuggery, bribery and so on... If Obi can win in 2023 despite the odds, then a new dawn would have been birthed; our typical moneybag devilish politicians will realise that money and thuggery will not win elections forever. A new dawn will where credible candidates would finally leave their shells and come forward for elections. |
Politics › Re: FG Grants N16 Trillion Waiver To Dangote, Honeywell, 44 Others by obailala(m): 8:45am On Sep 19, 2022 |
havenz: Am well educated my dear i don't read people's comment before i post, what is nepotism that one can not redefine? Okay then, could you please expatiate on what you meant by "16 trillion grant to one part of the country"? I read through the report but couldnt make meaning out of what you wrote. 2 companies were mentioned in the title, only 1 was owned by a northerner. 44 additional companies were also mentioned, but somehow you and 2 others on this thread suggested that grants were given to northerners. You care to explain what you meant? |
Politics › Re: FG Grants N16 Trillion Waiver To Dangote, Honeywell, 44 Others by obailala(m): 8:31am On Sep 19, 2022 |
Nwaotu10: All northerners. Nepotism has destroyed this kwontri.  havenz: 16 trillion grant to one part of the country, Buhari is evil and full of nepotistic character.
I can't wait for Buhari administration and the whole of APC to rest in exile. Did you guys read the report? Or you just said this cos someone above said "northerners"? |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 8:26am On Sep 19, 2022 |
sonofElElyon: The "scanty" story establishes a prima facie case... A man whose picture is produced with such (defiant) expression after the fact... who goes to a female's house (much physically weaker) to stab her to death.. no talk of the lady being the aggressor.. you really have to engage your imagination to even consider the possibility of his innocence... Lol... I dont do assumptions oo. It's okay if you prefer to judge cases based on assumptions and creative imaginations, but I just dont fancy that approach; I cant assume a person is a criminal just because his face looks woski!! I'd rather be patient and wait for additional info; and in this case, it didnt even take up to 24hrs before more details of the crime started pouring in. Wowo no be crime my brother, and wowo people have a right to fair trial even from the online jury  |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 11:17pm On Sep 18, 2022 |
sonofElElyon: No ! Why assume the man could have been acting on self defence when the story clearly said he came to the victim's house with a knife and forced his way to her room where he killed her Clearly this was not a case of self defence and the original story showed this... the killer was the aggressor from the get go.. sorry but you did not comprehend the story; its ramifications and implications Lol... Funny how you keep reading what I wrote but still cant understand it. I made no assumptions; there is nowhere I concluded that it was self defence. Rather I was open minded and cautioned people against making assumptions and conclusions based on a scanty story... Heck! why is this too difficult to understand? See the original post below: A Chinese man entered a House and stabbed their daughter (Ummita) to death, in Janbula area Kano State.
Imagine coming to their country, their state, in their house & killed her. If a Nigerian do this in China, their govt will deny Nigerians visa to China. Based on the scanty details above, all I said was that there was insufficient information for anyone to come to a conclusions whether it was self defence or just murder. That a man went to another's house isn't sufficient logic to say it cannot be self defence. My point was simple from the start, the post did not contain sufficient info for anyone to jump to any conclusions. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 6:56pm On Sep 18, 2022 |
sonofElElyon: Smart guy.. you bolded a part of my comment but ignored the latter part which doesn't favour you... issokay Everything else you said was general knowledge so I just had to highlight and respond only to the key point in your comment. Yes, murder can be justified if it's in self defence. The original post in this thread simply stated "Chinese man stabs nigerian girlfriend" and my point all long was that there wasnt sufficient info in the report to ascertain whether it was murder or self defence. All other info which you are judging on now were details which were supplied much later after the thread had progressed. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 8:39am On Sep 18, 2022 |
sonofElElyon: This story in this thread has enough information to show it was not a killing done in self defence and therefore unjustifiable... that's the point. The only killing that can be justified under the law is one done in self defence and there must be a real threat to the life of the one who kills from the one who is killed... Yes That's exactly what I said. I made my post based on the 2 sentence report given by the Op which did not contain any info whatsoever. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 11:45pm On Sep 17, 2022 |
sonofElElyon: You don't know the meaning of self defence... or you are accusing the op of embellishing the facts because it was not stated that the lady tried to kill him which led to him fighting back to save his life.. you are the one assuming the unsuggested and unstated. The killer went with a knife to the victim's house for crying out loud!
Check the eye witness account given by victim's mother below
https://www.nairaland.com/7338221/how-daughter-met-killer-chinese The original post of this thread which came up this morning did not give any single detail of what transpired (you can go back and read it). So all I said was that without further details, we cant make any conclusions, simple. The link you posted above is from a different thread where more details were provided. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 8:26pm On Sep 17, 2022 |
GreyLaw: Murder has never and can never be justified!
If you don't know the definition of terms, kindly find out. It helps you not look silly on public forums. Murder and Manslughter are two different thing!
Again, Murder is never justifiable. I'm not looking or talking silly; and anyone who isnt silly should know this. If a murderous bokoharam terrorist charges at me with a gun to blow off my head and I somehow manage to overpower him and gun him down, that is neither murder or manslaughter. Even God wouldnt count that against me. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 8:23pm On Sep 17, 2022 |
sonofElElyon: So is this particular case one of self defence? Did you read the story at all ? Was his life in danger at that material time ? Answer is no.. it was not a necessary act to preserve his life.. he could've gone to the police to report any crime (if any) by the deceased against him... no justification.. The story did not give a single detail of what transpired. So without further info, we cannot say what the real story is, period! People should learn to stop making assumptions and drawing conclusions based on their made up assumptions. The 2 sentence story by the OP does not tell us anything about whether it was self defense or not. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 10:25am On Sep 17, 2022 |
sonofElElyon: So we should all resort to self help Would you be alive if your "motion" were to be "adopted"  What of the possibility of revengers acting under a wrong impression  Yours is a recipe for anarchy and complete breakdown of law and order The point I made is that neither you nor I know the real story. So there's no point making assumptions and then arriving at conclusions based on a single scanty story. ..but then again, just to respond to what you just said. YES, I will resort to self help if the situation and my life depends on it. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 10:16am On Sep 17, 2022 |
sonofElElyon: And that justifies murder  Your post really sucks !!! What the person you quoted said is very valid. No one here knows the real story, and until then, the ehoke report means nothing. ...and yes, murder can sometimes be justified. |
Crime › Re: Chinese Man Stabs A Girl To Death In Kano (Photos) by obailala(m): 10:13am On Sep 17, 2022 |
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Politics › Re: APC Using Atiku's Image For Campaign In The North (Picture) by obailala(m): 8:44am On Sep 16, 2022 |
Doesnt seem like the poster is linked to any particular party. It's just like an individual showcasing his electoral choices; PDP for presidency, APC for governor, NNPP for house of reps. |
Travel › Re: Widow, Son Cry, Beg As They Win Bid To Buy Back Their Car For 450,000 by obailala(m): 8:10am On Sep 16, 2022 |
Anigreat:

All thanks to Tinubu, a very big thanks to him.
This is a man some føolish idiotic nonentities believed and think that Nigerians will vote for so that he can continue with his oppressive rule. Funny enough, the law makers and enforcers are the ones breaking the laws more in Lagos. Till they obey the law they make themselves, will I take them serious.
Atleast there should have been a warning given to defaulters by paying a little amount of money , but no, it's total seizing of their cars and auctioning it at ridiculous amount, so that poor people will Continue to suffer endlessly.
Agbadorian can only be president of Iragbiji not Nigeria, Incase he needs my vote to be life president of Iragbiji community, I am ready to vote him. What you've written here is outright trash and has nothing to do with Tinubu. We cannot continue to behave like lawless animals and expect no repercussions. Laws are meant to be obeyed, that's what differentiates sane developed countries from insane lawless shithole countries. I know someone who was almost killed after being knocked down by a stupid driver driving the opposite direction on a major road. In fact if Tinubu is in any way responsible for the strict enforcement of this law, then that's an absolute plus for Tinubu. |
Politics › Re: 2023: Poll Shows Peter Obi Leads Tinubu, Atiku, Kwankwaso by obailala(m): 3:32pm On Sep 15, 2022 |
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Foreign Affairs › Re: The Moment A Guard Collapsed At The Lying In State Of Queen Elizabeth II by obailala(m): 8:58am On Sep 15, 2022 |
What were they thinking? The man staggered the first time and still kept standing; and then staggered the second time? Wetin dem dey think? What was he even thinking still standing there?  |
Politics › Re: Video: Soludo’s Daughter, Adaora Puts Up A Mega Fashion Show For The Southeast by obailala(m): 6:20am On Sep 15, 2022 |
BigIyanga: Does she know any other thing except fashion show? How about training workshop for coding, fx, crypto mining, web design, and IT-services?? Yeah! As a fashion designer extraordinaire, she's well versed in rocket sciences too. Infact I heard she would even be running a community medical outreach program next month to personally conduct free brain surgeries on people. Then in the month after, she will organise an outreach to teach people how to fly to space. Dont worry, she will teach you coding, fx, crypto mining, web design, and IT-services very soon. |
Politics › Re: Why Is Obi Now Holding His Conference In Lagos That Tinubu Built? - Reno Omokri by obailala(m): 12:17pm On Sep 14, 2022 |
Lol.. This Reno na real Nairaland imbe...  |
Politics › Re: Peter Obi Slams Tinubu, Says 2023 Presidency Is Not The Turn Of Anybody by obailala(m): 8:40am On Sep 14, 2022 |
Asgard73: This man is a bloody scammer ...
Same religion and ethnicity that’s he’s riding on
Only foolish imps will vote for this man
They lines are there .. he’s just blabbing and honestly have nothing to offer
Same obi going from church to church
Same obi and his ethnic group abusing everyone
Same obi that support IPOB and Simeon Ekpa
Any way we all know he will lose gallantry .. but the votes he gets determines how many imps and fools in Nigeria
Imagine nonsense
Power to the people North 2023 Only foolish imps will vote Obi right? So please, how exactly do we categorise the kind of people that will vote Tinubu and his 40 bishops? Meanwhile you claim Obi supports IPOB and Simon Ekpa; can you prove that you're just not being silly by providing a single evidence to this claim? |
Politics › Re: 2023: Place Peter Obi On Watchlist, Keyamo Tasks Security Agencies by obailala(m): 8:33am On Sep 14, 2022*. Modified: 11:44am On Sep 14, 2022 |
Rozross: One outstanding thing about keyamo is his ability to speak Truth at all times. Peter Obi should truly be on a watchlist . In a sanner clime Obi would be cooling his head in prison for all he did in anambra but here he is with guts to contest an election. This fellow thinks Mr Peter Obi deserves to be in prison while a character like Tinubu deserves to be president? Bizarre things like this explain why one presidential candidate posited that over 50% of Nigerians are mentally inbalanced. |
Politics › Re: “I Cannot Be A Yoruba Boy And Vote For Igbo” - Prophet Oladele Supports Tinubu by obailala(m): 2:53pm On Sep 12, 2022 |
This is the height of blackman primitive ignorance! |