₦airaland Forum

This Festus Keyamo has now constituted himself into a nuisance. Why this desperation for validation with UAE Visa? We are tired of "it's coming". When it happens, we know it happens.

Dele Farotimi couldn't have said it better. If you have the means to escape Nigeria but remain, you must be mad, including himself. Is this EFCC Chairman still talking after the Yahaya Bello charade? Nigeria is a perennial joke!

geoworldedu:
But you know this is not the whole element present to estimate it? Okay let me use bags of rice to analyse. In 2015, a bag of rice is max. #10000 but now it is #80,000. That means #40,000 then is #320,000 now. If you use some other items to estimate, you might even get a higher value.

True. But you can't go wrong with FX rate. I just used a commodity I am familiar with, to illustrate.

Afonja007:
1 bag of cement 2015 is 800 and 700 naira

Thanks but I just checked my email now and I bought 1 bag of cement N2,100 in January 2016. This is the information available to me.

mrvitalis:
Dollar was 200 at worse official rate was about 160

I did a lot of dollar transactions in 2015 so I can vividly remember the average rate throughout a greater part of the year was N250. How many people had or have access to dollar at official rate?

In 2015, it was 1$ to N250 so N40,000 was $160. Today, $160 is N240,000. So 40k in 2015 is 240k now. Contextually, 1 bag of cement in 2015 cost N2,000 so N40,000 would buy you 20 bags of cement in 2015. Today, a bag of cement is N12,000 and to buy the same 20 bags, you will need N240,000.
Thank you

OboOlora:
Why are they trying to code the Oladipupo Abiola guy in their Treasury department that stole 50M and ran away with his wife to Canada?

Abiola did not run away to Canada. He's been visiting for max of 3 weeks in the last 6 years. He remained in the bank till the very end. 50M! is that even an amount that Biola would steal and run away That's not money, pls. It's unfortunate the bank ran into troubled waters, he could have left a long time ago but stayed on like the true professional that he is, doing his best to help salvage the situation!

OboOlora:
Heritage Bank still dey?
Since that Abiola Oladipupo guy for their Treasury do fraud and run go Canada, I think say dem don fold up o.
Laslas, na Opay go still acquire them

Abiola did not commit fraud and run to Canada. Yes, there were problems in Heritage Bank which culminated in the closure by CBN but Abiola remained in the bank till the very end, doing his best to salvage the bank.

Chichi could have set the records straight in a classy way. She could have just said "As the 1st Nigerian Loreal Ambassador in year..., I wish to congratulate......" That way, we would have been reminded that she was the 1st and Temi won't feel like she's beefing her. She can do better than that!

My position remains the same. There's no where in the world where you can't succeed and live a good life. For some, Nigeria is great and they are happy...good for them but for those who beleive japa is the way, pls let them be.
When I left the country I didn't know I was going to stay back cos I still had an oil and gas job to come back to, but here I am 6 years after and I do not regret it.
Japa these days has nothing to do with social class; low income, middle class and high class are all japaing these days. I personally know a former bank MD who japaed in his 60s!!! but truth be told that the quality of life abroad is incomparable. Nigeria has a looooong way to go!

We didn't need to revert to the Colonial National Anthem. What we needed was to include a line like "May Sango, Ogun and Shopona punish any leader that steals from our national treasury" lo ba tan!

It's a shame that we are still considering recycling these same people. We better remain the way we are if the same old brigade will be in charge

Do we have another Mike Adenuga in the power industry who is ready to disrupt like MA did in the telecoms industry? I doubt!

Mr P, you try sha. But you, Kayode Awogboro & co...you run thingz sha...no further comments!

Not studying hard enough. I was complacent, probably still. Never studied until I had an exam time table. That cost me some precious marks. I could have made 1st class but I didn't study hard enough. I had the potential energy but didn't kinetise it enough. I knew I could never fail an exam but I missed out on top grades that I should have gotten. Graduated with 2.1 but I regret not doing what I should have done. It would have definitely set me up for better opportunities.

SonOfDSoil01:
story for the Gods I bet you would need the emancipation more. When the government is doing badly we blame them when everywhere get flooded. The rains are coming and they are trying to correct the errors made by some few defiant amongst us who seem to not always do the right thing and put the rest of us at risk, but instead of you to reason logically with your brain, you here supporting illegality? If you truly an indigene of the state you won’t watch it go in ruins.

OK, at least you are making an attempt to be objective. I support government taking action to prevent environmental disaster but this is not the case here. The estate in question was demolished without notice, despite the fact that the case is in court between the ruling family that sold the land to us and a private individual close to the President who claims to have a Cof O. When representatives visited Labsca, Gbolahan Oki said "You obedients, we ll deal with you" It's on record. This is impunity!!! The houses were not encumbrances and I can confirm I built mine on Pile Foundation, Not Raft!!!

SonOfDSoil01:
go and free Anambala first, we will do everything legal to protect our city and state from defiant savages like you and your clan before you turn our land to what yours have become, no wonder no one finds your place attractive for investment.

Another gullible one who needs help. I was born and bred in Lagos with my Lagos indigineship certificate signed by Prince Yemi Oyekan, in the presence of the highly reverred and now late Oba Adeyinka Oyekan. You can't be more Lagosian than me. I can bet that. I pray you get emancipated from mental slavery someday. I am sure you need it and I ll be glad to assist wherever I can.

UNNGRADUATEEE:
Shut up, stop faking to be a pilot

May I seize this opportunity to extricate you from the cocoon of perennial and generational ignorance. I never claimed to be a Pilot. I am a Drilling Engr and i have been flying offshore for over 15 years. If you have additional concerns, please feel free to let me know. Thank you!

I built a twin duplex along that axis and just as I completed before I could even put tenants there, they illegally demolished the house.
APC, LABSCA and their cohorts will never have rest for their satanic and ethnic wickedness!

2027 is closeby, we need to free Lagos

#FreeLagos

50 only? There are thousands of illegal refining sites in Bayelsa. I have flown in choppers over a hundred times over Bayelsa state to the Atlantic Ocean, and the number of illegal refining operations I see each time is mind boggling!!!

If LIRS comes after this one now, she will start recanting. Fake Life Gang!

Love love this video! May you all prosper in this land. Amen.

LOVEALAIGBO:
The fella i quoted had a ulterior motive in making the post he made....he was trying to stir the honets nest! Dr Orjiakor and Dr Avuru founded SEPLAT initially, but ownership has since gone public on the Nigerian and UK stock-exchnages and is now diversified. Though i would imagine they would still both have a large or majority stake in the company!

The Buhari/Fulani gov't engineered boardroom crises in SEPLAT to find a way to get rid of the duo! This was a coy that started from humble beginnings and was built up to the behemoth it is today by the good management skills and expertise of Dr Orjiakor and Dr Avuru! When it became one of the top two or three indigenous oil/gas producing coys in Nigeria, it inevitably attracted the attention and envy of the hegemonic establishment in power who are of the firm belief that they 'own' Nigeria and no leading oil and gas coy in Nigeria should have a majority Igbo ownership! What followed was the engineering of boardroom crises, as i alluded to earlier, as well as host community 'unrest'.....both problems which were non-existent until the coming of the Buhari gov't in 2015! Dr Orjiakor and Dr Avuru were eventually forced out....meanwhile, other indigenous oil and gas coys like OANDO and others owned by individuals from 'favored' parts of Nigeria continue to be managed by the same management that were on ground after Buharis' unfortunate ascendency to office in 2015!

Well, Austin Avuru played into their hands. He should know better!

Seeing comments here from some people who do not understand the business and the technicality of the O&G industry. We don't have to comment on every post, please!

Talabi Adebayo Braithwaite - never knew this man was that rich as at 1965. No wonder he owned a good number of the properties on Osborne, one of which he gave to Lagos State as the Dep Governor's lodge. Respect, TAB, The Insurance Doyen!

Invest my hard earned dollar in Tinubu/Sanwoolu administration? I reject it. Once beaten, twice shy!

2027 will be different. They won't see us coming.
#FreeLagos

Nigeria should have 1 day dedicated as the Mike Adenuga Day to celebrate this man who broke the monopoly of international operators and freed Nigerians from extortion by debuting with per second billing! MA, here are your flowers!

It is clear that APC is a party of Impunity...Period. Election is in 3 years. We know what to do! Change!

Shameless country. Charged for Naira Mutilation? All of us should be in jail then. Selective justice.

20 yrs ago, a certain Globacom came into the telecoms space and instead of lowering the call rates from N50 to N40 per minute, Adenuga debuted with per second billing. It was daring, revolutionary and a paradigm shift. He forced the international operators to follow suit and effectively ended the exploitation of Nigerians.
That act signaled the beginning of price wars and other forms of competition within the industry. Today, the Nigerian economy is better for it.
Air Peace should restrategize and get on with the war, it's business where everyone wants to be a winner. Our thoughts and prayers are with Air Peace to thrive and be around for a long time.
Too early to start crying foul, it's business war, and if you intend to be a big player, you must be ready for the consequences. Break a leg, Alex!

okito:
When I saw the caption, my initial reaction was of disdain and I was ready to chastise the man because I love my wife and mum so much that I can't bear to see any woman being maltreated, I can't.
But when I watched the video, I got a sense of a house filled with love and the woman even said she would remarry the guy in another life. It looked like what my wife would want to do if she's fit as she just beleives no one can cook for her husband like herself. So, if there are no complications and the woman feels good and she did look good in that video, then it may not be so bad after all, as long as she hasn't been forced to do it.

So when I wrote the piece above, my wife was pregnant with our 3rd child. She eventually delivered on Wednesday, was discharged on Friday and on Saturday, April 6th, she on her own accord went to the kitchen to make ewa agonyi with the sauce despite my insistence o her not doing anything. So, you see, I was absolutely right that some women would gladly do these things out of their own volition especially when there is love.