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Olaeffect's Posts

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PoliticsRe: At 27, He Was Already A Bank Chairman: The Extraordinary Rise Of Orji Uzor Kalu. by olaeffect(m): 11:21am On Jun 21
thesolutions:
Ok.
Defunct.
Is his career defunct.
You are not kind grin
Car TalkRe: Ladipo Mechanics Had Lady Crying After Every Repair by olaeffect(m): 7:45am On Jun 13
Stomoney:
Naso I wan buy tokunbo power bike. After payment, I and my bro drove to get fuel inside the bike tank so we can take our journey back home but the bike refused to start.
We reported to the seller and sent someone to toll the bike back to his workshop.
A month the dealer didn't fix the bike, wanted to add money so as to pick another bike he said no, to return money he no gree.
Laslas na Lagos state CID help me pick up the guy and I was refunded but police commot 10%

Ladipo is a house full of scammers

Ensure you have a good and reliable source before buying things there
Police collected 10% from you and possibly another 10% from the seller🙄🤦. Nigeria!!!
PoliticsRe: Tinubu, Wife, Son Posters Flood Lagos Welcoming Him From UK: Isaac Fayose Reacts by olaeffect(m): 5:43pm On Mar 24
Nigerians think this is a joke, but this is how dictatorship begins.
AgricultureRe: Importation Wipes Out 90 Rice Mills by olaeffect(m): 8:58am On Mar 16
safarifarms:
The whole idea of local rice production was not a well thought out one. Those countries we import from have competitive advantage. Their soil/environment favours rice production better than ours. They have far more yield with less effort. We should have focused on increasing production of things we have better advantage and export them instead of focusing on rice that caused untold hardship for the masses because of high cost of locally produced rice.
Gbam!!!
Simple economics that they thought is in school. But when it comes to Nigeria's case it becomes rocket science.
Ordinary maize grows everywhere in Nigeria. Maize can even grow on roads in Nigeria.
But we rather grow the little ones that we will roast, rather than mass produce.
AgricultureRe: Importation Wipes Out 90 Rice Mills by olaeffect(m): 8:53am On Mar 16
MONEY247:
Deisel.... Deisel..
Plants and manufacturers equipment run on Deisel and the cost effect reflects on production price of the product....

Simple explanation..

Until Nigeria solve its industry problems...
Importation is the best way to go
The same diesel that foreign farmers also use and purchase at the same international price that our local farmers are buying. Or do foreign farmers of rice get diesel for free?
The problem with Nigeria is profiteering, too many middlemen that make profits even above the farmers.
TravelRe: Update: Lady Harassed For Speaking Out On Lack Of BRT Bus Gets Response From Gov by olaeffect(m): 5:48pm On Mar 12
Mrchippychappy:
Crazy thing is she was speaking for the good of everyone and still some of them wanted to fight her. I don wash hand comot for certain Nigerians and their issues. When I see something happen, I go stretch neck , read the news and after that, face front and mind my business.
I dey tell you. Nigerians are the worst group of people to fight for.
That is why leaders that are after their own personal glory/benefits are the ones that succeed.
PoliticsRe: Seyi Law Makes U-Turn, Apologizes For Saying Nigeria Is Safer Than 10 Years Ago by olaeffect(m): 8:03am On Feb 27
Anjivah:
Atimes, it's better to keep quiet
Especially with the current situation in Nigeria.
It is just better that you don't take sides. Let's just be focusing on issues as they arise i.e if a community is attacked by bandits let's all just speak with one voice and make sure the perpetrators are brought to book immediately/urgently without any excuse from the government.
Lets just be holding the government accountable on a case by case basis without us entertaining any excuses.
PoliticsRe: I Spent only 15 Minutes Instead Of Hours. Lady Excited About Coastal Highway by olaeffect(m): 8:01pm On Feb 21
Zonefree:
Women get fascinated by little things...that's why they get laid with just noodles and eggs.
This is hilarious 🤣🤣🤣🤣🤣.
But come to think of it🤔
CrimeRe: How Mirabel Created Fake Account Priston To Frame Businessman, Godwin Maduagu by olaeffect(m): 7:57pm On Feb 21
OLAADEGBU:
SaharaReporters

According to Akujieze, the matter escalated after the Lagos State government issued a public notice seeking information about the alleged rapist.
Whoever did this write-up needs to be flogged 700 strokes of fresh new koboko.
Haba nah. Must you write 2,500 words of only 1,000 words can explain everything?
See as person do write-up like say na family discussion under the moonlight when NEPA don't take light for village during December😜😜😜😜
FamilyRe: What My Married Ex Told Me. by olaeffect(m): 6:12am On Feb 13
Well all you have typed has nothing to really do with being happy in marriage.
Most so-called married women still bill their ex.
Infact I am yet to see any ex that won't bill their ex if they have the opportunity to. This your ex is just making up a sad story to keep you on constant billing with the sad story of being unhappy in her marriage.
A girl in her 20's marrying a man in his 60's was definately looking for something other than happiness in marriage in the first place.
PoliticsRe: Sanwo-olu Hosts Guinness World Record Holder Kanyeyachukwu Tagbo-okeke! by olaeffect(m): 5:08am On Feb 09
Henix:
I was equally reading and hoping to see at the end the record the youngster is holding. I must not embark on Google research after reading a news article, before getting such basic information
Same here, I was just rushing through the article to know what Guinness record.
He mentioned autism but not the record 🤔
But rather than take constructive criticism and better himself for the future he chose vowulence 🤣
CrimeRe: I Wanted To Complete My Village Mansion - Drug Smuggler To China Caught by olaeffect(m): 5:02am On Feb 09
yarimo:
International business Man exporter and importer una well done oo 🤣, And he will be bragging to his villagers money na water
And become an addition to the billionaire list of the east🫣😎
CelebritiesRe: Omije Ojumi’s Children Discover Their Father At Her Funeral by olaeffect(m): 1:38pm On Jan 30
ayoncox:
Unforgiveness can make one sick and die early
This your comment is priceless and sacrosanct, but many people especially believers don't understand it.

Nothing kills a self proclaim believer like Unforgiveness.
If you have anybody you are yet to forgive or can't forgive just don't let anyone know that you are a believer.
CelebritiesRe: I Just Dey Suffer For Village – Kolu’s Mother Calls Him Out Over Lack Of Support by olaeffect(m): 3:30pm On Jan 28
Success have so many father and mother.
If Kolu were to be suffering now, she may not even remember to pray for him ooo.
CareerRe: Tax Reforms: Workers Unimpressed With Marginal Salary Rise by olaeffect(m): 3:26pm On Jan 28
mycar:
The greatest fraud of the century, they already have your bvn, you will still declare your total income at the end of the year, and then pay the differential.
Imagine abolishing 10% payee tax on basic salary and being replaced with 15, 25, 35% tax on gross income and yet some people trying to convince us that it is a better bargain.
SportsRe: All-time AFCON Medals Table (1957 - 2025) by olaeffect(m): 9:02am On Jan 23
Freshandfitpod:
More power to Nigeria next should in gold six times in a row.
Amennnn!!!
17 medals and the next to us is 13 medals, see the power of Gold medal.
FoodRe: Nigerian Buys A Basket Of Tomatoes For ₦5,000 by olaeffect(m): 10:08am On Jan 21
Melezenawii:
Nigerians Praises President Tinubu As full Basket of Tomatoes now N5k

Hmmm, the formula to rule Nigeria.
After taking over power, be ruthless, increase price of petroleum by 500% let the prices of all other things increase by 700%
Then let price reduce by 20% due largely to the fact that the purchasing power of the people is almost zero, then set trolls online that will be singing your praises.

Who do is for this country?
Christianity EtcRe: Pastor Enenche Dismisses Claims Of Using Church Funds To Fund Personal Lifestyle by olaeffect(m): 10:04pm On Jan 06
Zocalite:
Lolzzzzz 🤣

You people talk without wisdom

When did Jesus ask anyone for tithe

Why won't politicians give them money, money they just pack from state funds

It's easy to give mega g.o na

You don't know how many politicians that go to your ota camp

You think they go empty handed, somewhere they do subtle campaign

Ask obi how it helped him in 2023
Eyaaa!!! That is my only response to you.
Fools like you don't even know the numbers of foreigners that enter this country daily or weekly to see most of this Nigerian pastors. That is why you always think that it is Nigeria's money alone that is in churches like living faith.
Christianity EtcRe: Pastor Enenche Dismisses Claims Of Using Church Funds To Fund Personal Lifestyle by olaeffect(m): 11:18am On Jan 06
Around 2010 as a banker I decided to write a cheque to Bishop David Oyedepo, my intention was to monitor my cheque when it comes through clearing so that I can have an idea of the bank the Bishop was using.
The amount on the cheque was not big, brethren, till date the cheque was never drawn on my account. Lol
Most people don't know how financially big most of this men of God are. The so called rich people you assume don't pay tithe, do give them crazy cash gifts.
PoliticsRe: Power Outage Temporary, Supply To Return In 48 Hours – Adelabu by olaeffect(m): 8:14am On Dec 24, 2025
NoToPile:
Strange enough we have been having light constantly , I have been hearing complaints for about 3 days now about electricity, the only difference is they now take it between 7 and 10pm and be flashing constantly.

Our church member who is under one 11kva around had to come and put Christmas croaker fish in freezer. No light at all at her end.

This is not a good period not to have light

Our 20hours plus is still constant.
That is why I don't comment when some people complain.
Where I stay in Ibadan (a new site) to get light na just few days to the time they will do revenue drive (because must new houses are yet to get prepaid). That period we can get light 24/7 for 2 to 3 days. After that we are on our own.
Some issues are just our localized Nigerian wickedness, the government has no direct involvement.
PoliticsRe: Why FG Hasn’t Prosecuted Terrorism Financiers – Minister by olaeffect(m): 6:46pm On Nov 22, 2025
Since the advent of APC, I am yet to see any single person that have successfully defended APC without sounding like someone possessed by demons.
CelebritiesRe: Nicki Minaj To Address UN On 'Persecution Of Christians In Nigeria' by olaeffect(m): 7:58pm On Nov 17, 2025
SmartPolician:
So why is she addressing the UN over the issue? Is it that she came to Nigeria and did her fact-finding without us knowing about it? Instead of inviting the fiery Jos preacher to address the UN on this issue they are inviting a Nicki Minaj.
My thoughts exactly.
They should not make a mockery of the situation.
Because I don't understand how Nikky is involved in the issue at hand.
PoliticsRe: Runs Girls, Illegal Earners To Pay Tax From 2026 - Taiwo Oyedele (Video) by olaeffect(m): 6:33am On Oct 01, 2025
AirBay:
This is the same thing abroad. Everyone is taxed as long as you're earning...... runs girls o, thieves o, even scammers... all na business grin
Have you stayed abroad before?
Tell me one country in your so-called abroad where tax is based on money that is paid into your account?

Tax anywhere/everywhere in a sane society is based purely on income not on deposit.
But I know most of the round pegs we have in square holes don't realize that not all deposits into someones account equals income.
A very big wahala is loading.
25% is different from the N50.00 electronic levy being charged that Nigerians are not complaining about ooo.
TravelRe: Abuja-Kaduna Rail Services Resume Operations by olaeffect(m): 5:58am On Oct 01, 2025
What will happen to my money?
The ticket I had purchased before the train derailment.
Christianity EtcRe: CAC Responds To Pastor Biodun Fatoyinbo by olaeffect(m): 5:32pm On Aug 15, 2025
Babangidapikin:
Did I said the Lord Jesus was broke, been broke or rich is relative ... person fit build $1millon house today it becomes old school in twenty years. . Person fit spend 1/2 a century to make a billion dollars another fit spend 2years to make same .
I am still trying to understand your point exactly.
Jesus rode a donkey yes, my question to you was that what were rich people of Jesus time riding or driving?
If Jesus was to be physically here today what will be the equivalent of a donkey today?
Christianity EtcRe: CAC Responds To Pastor Biodun Fatoyinbo by olaeffect(m): 10:54pm On Aug 14, 2025
Babangidapikin:
Hmmm even the Lord Jesus best mobility tool na donkey and boat ...the rest na legidibenz ... prosperity is good, poverty is a bastard.. but get your prosperity righteously, and flee from poverty speedily.
Eyaa! So what were the rich people during Jesus time riding or driving ooo, that made you think Jesus might have been poor?
Just keep in mind that Jesus treasurer "Judas" was a confirmed thief, yet there was no record anywhere that Jesus even went broke. Lol
RomanceRe: Did I Make The Right Decision? by olaeffect(m): 8:46am On Aug 12, 2025
Few things to note.

1. NDIC only insures customers funds up to N5m anything above N5m is not covered i.e if you have N50m in any bank insured by NDIC they will only pay N5m out of the N50m

2. FairMoney and the likes are safer than some commercial banks at the moment for some key reasons:
A. Single obligor limits i.e fairmoney unlike a commercial bank cannot/will not give a single customer or business a loan of N1bn therefore the possibility of them having a single loan that may affect them like a commercial bank is low
B. Higher interest on loans/deposit compared to commercial banks. It is funny how most people here keep nothing that FairMoney interest on deposit is too high compared to commercial banks without making any reference to loan interest between commercial banks and FairMoney.
FairMoney pays 25% per annum on deposit and charges an average of 15% monthly i.e 180% per annum on loans. Now do the maths and see if interest paid to you is too much.

3. Banks like FairMoney falls under fintech/digital banks. These set of banks are well know for low overhead cost compared to commercial banks due to the fact that although they operate nationally they are not required to have physical structure, building, or staff in every location.
This singular thing allows them to operate at a minimal cost compared to commercial banks. Remember the lower the cost of operation the more your net profit if you can sustain revenue.

In summary, please note that although most commercial banks have a bigger balance sheet compared to these fintech/digital banks but most of this digital banks/fintech are performing way more better than commercial banks percentage wise.
PoliticsRe: Nigeria’s Petrol Price 55% Below West African Average – Dangote by olaeffect(m): 6:03pm On Jun 02, 2025
Ijaya123:
If you have problems with the current process of petrol, apply for license to import petrol and You are free to sell at N200 per litre. Nobody will arrest you in fact everybody in Nigeria will buy from you and turn you into an instant billionaire.
Yes, that is actually why Nigeria is the way it is.
I am talking about each and every Nigerian earning a reasonable pay just like we are expected to pay a reasonable price for petroleum and you are here advising me to acquire license to import petroleum to a country that one of the highest producers of crude oil.
And you feel you are making sense.
With citizens with your kind of mentality, the hope of Nigeria not remaining permanently backward is very slim.
PoliticsRe: Nigeria’s Petrol Price 55% Below West African Average – Dangote by olaeffect(m): 10:37am On Jun 02, 2025
Ijaya123:
Is it minimum wage if a country that determines the pump price of petrol?
Not really.
But you cannot compare price of petrol of one country to another without remembering to compare the basic income.
And yes, the minimum wage in a country is a yardstick for measuring basic income.
Or do you think everyone in Nigeria is a thief that spends way beyond their income?
PoliticsRe: Nigeria’s Petrol Price 55% Below West African Average – Dangote by olaeffect(m): 10:33am On Jun 02, 2025
inoki247:
Lol
They will always forget to remember to mention the minimum wage in Nigeria compared to the average in West Africa
CrimeRe: Dr. Akintunde Bowden Shot Dead By Neighbor During Dispute Over Loud Music by olaeffect(m): 1:06pm On Apr 28, 2025
yinkus6750:
Everyone ought to be very careful on approaching issues in a country where gun is a must have possession for most citizens. He would have called the law enforcement agents and reported the lousy neighbor. May his soul R.I.P. I hope the woman gets the right judgement she deserves.
My thoughts exactly.
That is why any small thing they usually call the police. Because a so-called small thing can actually lead to big thing.
Imagine someone getting killed simply for loud music issues.
This is sad.

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