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Olajide8's Posts

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Sports › Re: Why Keshi Won't Drop Mikel Obi: His Professionalism by olajide8(m): 6:01am On Nov 05, 2014
thegoodjoehunt3:
There is a difference with players with exceptional ability on the ball and players with exceptional thinking game. Some have both like Silva, Pastore and Iniesta. A player like Mikel is more like the thinking side without using much ability. That is why many criticise him without looking at his contributions.

Mikel does not need to make a dazzling Okocha's skill or a Yaya Toure's 100m senior boys dash to wreck havoc in the team. He can just watch the game and know the direction of play. He knows when the team is not set to attack. Attacking at such times will lead to loss of possession.

He will keep passing back until he sees a gap or an excellent run.

Mikel is more than half a footballer. He is a genius and his favorite side is overlooked.

Note most highly technical footballers do not spend much time on the ball and are hardly praised or given World Best like Kroos, Xavi and Pirlo. The praises goes to Ribery, Messi and Kaka.
80% of mikels passes are to his defenders, defensive play - only 20% forward- out of that only 15% are delivered while 5% are cut off, now watch his matches for nigeria and please try and stop comparing him with geniuses like xavi, that doesn't allow the opponent destroy his team members legs on the field with wrong short passes- a genius is one that can single handled change the fortune of a team eg kanu, okocha, messi, CR7 but definitely NOT mikel* you have to have watched each players contribution on a field and not the flow of the match to determine who does what- look at emenike's passes to our 7 can't remember his name now, the hausa boy from kano pillars ahmed musa- that banged in 2 goals against argentina that was excellence personified* look at ball distribution and attack of the defence by babatunde and osaze - on point, they had to practical starve mikel of the ball to result in those goals *it was onaze, osaze, babatunde, emenike, ahmed that created and converted the goals- its not about running a 100m dash nor dribbling its about the gap that would be felt in your absence- and that's what happened to oganyi onaze* at the world cup- look at what happened to liver pool when they sold alfonzo (or what do you call him, their central defended., steven gerrad, captain fantastic -had to work twice as hard on the field)
Sports › Re: Why Keshi Won't Drop Mikel Obi: His Professionalism by olajide8(m):
thegoodjoehunt3:
If Coach Keshi wants to bring in a player from Malta, people will shout.

By the way, replacing Mikel is not easy. Technically brilliant players are difficult to find. Look at Italy, since 2000 until today, they have not been able to replace Pirlo. Xavi and Xabi Alonso was irreplaceable until Thiago Alcantara came along.

Super Eagles have had very great players but only Finidi George, Kanu and Mikel have showed technical brilliance in the Super Eagles. It is hard to explain this quality. I never watched Coach Keshi play in midfield, but I heard he was that sort of player.

They spend more time reading the game than playing it.

So it is not just about scouting players.
Sports › Re: Why Keshi Won't Drop Mikel Obi: His Professionalism by olajide8(m): 9:07pm On Nov 04, 2014
thegoodjoehunt3:
If Coach Keshi wants to bring in a player from Malta, people will shout.

By the way, replacing Mikel is not easy. Technically brilliant players are difficult to find. Look at Italy, since 2000 until today, they have not been able to replace Pirlo. Xavi and Xabi Alonso was irreplaceable until Thiago Alcantara came along.

Super Eagles have had very great players but only Finidi George, Kanu and Mikel have showed technical brilliance in the Super Eagles. It is hard to explain this quality. I never watched Coach Keshi play in midfield, but I heard he was that sort of player.

They spend more time reading the game than playing it.

So it is not just about scouting players.
I beg to defer on a lot of fronts - because like you said - you never knew or saw keshi play active football - well he wasn't a technical player he only brought discipline to the field, he was actually respected because he was an agent in belgium when his mates played local football, so they showed him that respect both on and off the field - samuel okparaji* of blessed memory was the technical player, we lost during his time - and then others like bendict iroha! They did the technical marking and wipe out of players, they left the other members of the team the opportunity to play, they collected the yellow cards and got all the fowls - and they did the sweeping - not in this keshi's bad team, the other guy that played middle field with mikel, was the technical player- he did all the running and on the field distribution, played shots here and their- this 21 year old boy that matuidi injured* - looking at technicality - mikel is left side blind* and that makes it hard for him to dribble with both sides and that's why, he tends to shield the ball with his size, rather then attack the ball- that's where the issue of technical depth- comes, he covers it up with long passes - now for a good coach you either play football on the ground or in the air and you can't play the 2 well except you have a variety from a bench - you look at your opponents on the field of play and then determine what format to play - that? Ehn is what keshi lacks, and that's why he always plays a half footballer, like mikel* that makes football difficult to play- unlike etim essien, kanu, okocha, mutiu siasia, finidi, amunike etc its not rocket science its starring us in the face- GEJ incompetence has brought an incompetent coach back simples*
Politics › Re: "Yoruba Youths" To Endorse Jonathan On November 30, 2014 by olajide8(m): 11:27pm On Nov 01, 2014
spankyflex:
what's this zombie spewing?did akpabio stop u from getting your voters card?
Well - a lot of things, open your eyes because they are wide shut* - vampire!!!
Politics › Re: S/West PDP Leaders Ask Jonathan For Speaker’s Post by olajide8(m):
How shameful can some people be- the seat is not vacant they are fighting- useless people
Politics › Re: Onyebuchi Chukwu Stole $29 million meant for vaccines - GAVI by olajide8(m): 10:43pm On Oct 31, 2014
Thank God finally someone did something- I bided with my company and they collected our non-refundable payments and shared the contracts amongst themselves- with representatives of the minister and letters from the presidency being their priority - the executive director Ardo is very guilty- and should be jailed- the head of procurement including all his staff at area 11- should be jailed with hard labour including nysc corp members that were given contracts to supply biscuits and airfreshners, formal permanent secretaries where given boreholes to drill up to 5 where as qualified contractors were sidelined - enough is enough-
Nairaland General › Re: A Cursed Few In Our Generation by olajide8(op): 10:08pm On Oct 31, 2014
INEC I want to register in 2011 the P.A to dame jonathan came and scatter the registration point I was to register at- this year INEC refused to start continuous registration - I need my voters card JEGA (INEC), OLISA METU, GEJ, AKPABIO, the disgrace egbon FFK, BURUJI- , NECKLESS PIUS ANYIM the meat glutton, NOI world bank minister of debt purchases for nigeria* - PDP chairman- polithievians, the worst SAMBO*, 16 is greater then 19 JONAH JANG, TAN cohorts, the kparaga drinking governor FAYOSE(in a more orderly, society that statement would have -caused your impeachment, he who drinks would smoke, he who smokes will steal ) I want my voters card give me my right* it belongs to me - GIVE ME MY RIGHT - VOTER CARD- VOTER CARD!!!!!


A very incompetent government should be held accountable and this is what the lied about to us nigerians and the international community---

Non-Transformation Agenda: What President Jonathan Said On Power By Timi Frank
Speaking with United Nations diplomats on Monday, 31st January 2011 in Addis Ababa, Ethiopia, President Goodluck Jonathan made this promise: “If I’m voted into power, within the next four years, the issue of power will become a thing of the past. Four years is enough for anyone in power to make a significant improvement and if I can’t improve on power within this period, it then means I cannot do anything…”
Politics › Re: "Yoruba Youths" To Endorse Jonathan On November 30, 2014 by olajide8(m):
INEC I wanted to register in 2011, the P.A to dame jonathan came and scattered- the registration point and I wasn't able to - this year INEC refused to start the continuous voter registration - I need my voters card JEGA (INEC), OLISA METU, GEJ, AKPABIO, DOYIN the Liar OKUPE, REUBEN the shameless ABATI, the disgrace egbon FFK, BURUJI where you made the money from we don't know- , NECKLESS PIUS ANYIM the meat glutton, NOI world bank minister of debt purchases for nigeria and answer to the solution minister* - MUAZU PDP chairman efcc didn't search well- the extra polithievians, the worst selfish SAMBO* people died from a boko haram attack it didn't concern you your younger brother died half of your fellow sychophants paid you homage, 16 is greater then 19 JONAH JANG, TAN cohorts, the kparaga drinking governor FAYOSE(in a more orderly, society that statement would have -caused your impeachment, he who drinks would smoke, he who smokes will steal ) the chief of defence staff- BADEH the confused party pot bellied coward it you they would send to attack the innocent with you zombies when the time comes, the mistake for an IGP that is now the lawyer, jury, and justice- I want my voters card give me my right* it belongs to me - GIVE ME MY RIGHT - VOTER CARD- VOTER CARD!!!!!


A very incompetent government should be held accountable and this is what the lied about to us nigerians and the international community---

Non-Transformation Agenda: What President Jonathan Said On Power By Timi Frank
Speaking with United Nations diplomats on Monday, 31st January 2011 in Addis Ababa, Ethiopia, President Goodluck Jonathan made this promise: “If I’m voted into power, within the next four years, the issue of power will become a thing of the past. Four years is enough for anyone in power to make a significant improvement and if I can’t improve on power within this period, it then means I cannot do anything…”
Sports › Re: Stephen Keshi Return Again To Lead Nigeria In Remaining Afcon Qualifiers. by olajide8(m):
What a shame - incompetence sides incompetence -now imagine, that's what happens when incompetence is in power- presidential order I cry for my country as it is moving in all clueless directions and facets - what concerns him with NFF decisions - rubbish.
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 11:26pm On Oct 30, 2014
ducii:
Hmm didn't know that thanks for that insight.
I think the smaller investors are weary, so that a repetition of the nightmare they faced in 2008 does not re-occur again.

I know now that liquidity is very tight in the market, I will attribute this to the performance of the market so far this year.
Coming back to it "inflation"- its the total squeeze on the good inflation, and the tighten of the economy by mopping available liquidity by this incompetent managers of the economy that is killing the economy- while hiding under the guise of reducing inflation they have actually reduced the disposable income (which may have been put, to savings for long and short term, by the supposed middle class) and this middle class -investors are the ones that would/should have actually driven the market- its a vicious cycle! - now the poor don't have money to invest, because they are struggling to survive and no matter how sophisticated the market is and would have been in terms of depth and width to all players, they can't afford to invest - and the super rich that can afford it, continue to invest and take profit (forbes list and otedola $385m btw 6months), because of the availability of funds for them and governments policy of reducing inflation which affects the majority as they are below the threshold of financial independence*- if a middle class existed their would have been equitable distribution of wealth, as they would have also been players in the market* the 2008 phenomena is not far fetched FDI and economies needed to take profit from other parts of the world to meet up their local debts payments -so they took the money and moved around with it- how do you explain the argument b/w otedola and dangote and the crashing of the value of the shares of AP- by dangote then* real business intricacies
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 10:56am On Oct 30, 2014
ducii:
Ok Thank God you are a broker, how has the local participation in Nigeria been doing, I think local participation is around 40% of total investments in the NSE (it has never been that high), so my thinking is that very soon you will have more local participants than you will have international investors.
I want to be very honest with you - local investors are not investing in the capital market so much, they have this belief that they are gambling- its a challenge to brokers, because of the charges that accompany small investors in the capital market, not to forget small investors also come with a lot of competence issues- seriously I need clients! Now to the supposed middle class - most people that are investing are institutional investors (where as a real middle class would have pushed the market to another level, if not the biggest in africa), now I may have to tell you to check out the abridged annual reports of organisations (eg zenith bank or N.Breweries) and look at unclaimed dividend payments, you would see a name of an individual, and the clearing houses name after- they are investing as an institution- look at the figures and compare it against big time investors like otedola, oba otudeko, dangote et al - and then you would understand the principle of banking that says, that returns/interest/profit are generated by 20% of the customers a bank has while 80% just bank- it also applies to the stock market 20% generate the turn over while the 80% are onlookers in the market- that's for want of a proper word- so don't get it wrong FDI form 60% big investors like dangote et al control 30% while the supposed other control 10%(the local investors).
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 9:57am On Oct 30, 2014
ducii:
Ok Thank God you are a broker, how has the local participation in Nigeria been doing, I think local participation is around 40% of total investments in the NSE (it has never been that high), so my thinking is that very soon you will have more local participants than you will have international investors.
I want to be very honest with you - local investors are not investing in the capital market so much, they have this belief that they are gambling- its a challenge to brokers, because of the charges that accompany small investors in the capital market, not to forget small investors also come with a lot of competence issues- seriously I need clients! Now to the supposed middle class - most people that are investing are institutional investors (where as a real middle class would have pushed the market to another level, if not the biggest in africa), now I may have to tell you to check out the abridged annual reports of organisations (eg zenith bank or N.Breweries) and look at unclaimed dividend payments, you would see a name of an individual, and the clearing houses name after- they are investing as an institution- look at the figures and compare it against big time investors like otedola, oba otudeko, dangote et al - and then you would understand the principle of banking that says, that returns/interest/profit are generated by 20% of the customers a bank has while 80% just bank- it also applies to the stock market 20% generate the turn over while the 80% are onlookers in the market- that's for want of a proper word- so don't get it wrong FDI form 60% big investors like dangote et al control 30% while the supposed other control 10%(the local investors).
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m):
ducii:
I think Nigeria's middle class has grown and is still growing. Not every rich man in Nigeria actually stole money or is stealing money.
Look at the number of businesses that are springing up on a daily basis cities like Lagos, Onitsha, Owerri, Port-harcout.
Look at the number of Nigerian's going on vacation now in Nigeria, I think there was a report that came out, that Nigerians are the 3rd highest visitors to the UK spending over £200million on shopping.
The Nigerian Stock exchange capitalisation is at it's highest.
The banks in Nigeria is now more profitable than it has ever been. The pastors we have today are more richer than they have ever been, because when their congregation are making money, the churches are getting riches as well.
Before in Nigeria owning a car was luxury, but today a car is just a necessity.
What about the musicians, and comedians, they are now richer than they have ever been. The least amount for a show now in Nigeria is N5,000.
I walked by a shop the other day, and there was a plasma TV hung on the outside of the shop and rain was falling on the TV, a plasma TV. Do you know how long it took our parents to go from black and white TV to colour TV (like forever).
I can go on but let me stop here.
To the issue of assumptions and comparism, in those days you have to look at the budget and draw that pari-pasu the population - I think somewhere I read Gen. gowon reading a budget of N2m, for the whole of nigeria, then and from this same budget they built bridges and paid civil servants - imagine what it means in real terms - the issue of enlightenment is also coming into play people travel and they see how other display and market their items abroad and its just normal to bring the same thing with a view of developing nigeria (in a very competitive environment), back to the basics- onitsha/owerri were always known for trading- lagos has always been a commercial centre even before independence same as portharcourt for transport even if it was for slave trade, these do not form the yardstick for a growing middle class- people travel to the UK in search of a better life and opportunity - in some cases the opportunity to come back and get that extra edge over others- if someone came with a harvard certificate and applied for a job in the civil service they would almost make him an assistant director- banks would pay them fat salaries and that is because the system hasn't specialised yet (where you would have Bsc accounting and B. Applied accounting) - this same phenomena even happened in china* - and that's why people are spending so much to travel abroad- to the other issue of comedians and artists that the least amount for a show is 5k, have you forgotten, what their overhead costs are they pay for the venues and other miscellaneous costs, and I wouldn't want to talk about the attendance, because I know they give a lot of free tickets (radio stations, game shows etc) so they are really not as settled as you think- come to think of it, their talent is just for some time- 5yrs max - and another kid or guy is on the block - temporary jobs* (eg alibaba then and basket mouth now) why do you think they are all going into politics they need something more permanent-

ducii:
I can't make out what you have written, it makes no sense at all.
Sorry about my typo- my keypad was playing tricks with me, and I didn't bother to re-read;
I don't think I said every rich man stole money what I said is if their supposed middle class are been measured based on the civil servants, who are buying houses in estates that are springing up, which is the only data they have(or do they have another, oil and gas and banks less than 20% of the total population) - then they are dealing with those that stole money to buy these properties, how would you explain a level 14 chief procurement officer with a salary of 100k and a family of 3kids, owning 4 choice cars and a house worth N30m even if his wife earned 150k a month (dem no go chop, child no go -go school, dependants nko?) - I would have loved to give you figures of their salaries if I can find it and the properties they are buying as a comparism* not all thou! A thriving middle class can only be measured accurately by the amount of taxes being paid and not the cars they buy and this can be gotten from their business returns- and nothing else.
Finally the capital market is growing but not from investments by average nigerian's it is coming in by profit takers - the foreign direct investment (FDI) that government has been talking about- foreign investors most of the time would not go into industries because they don't want to weather the storms what they do is they take their money and go to the capital market look at organisations that share similar processes with theirs and invest in it- I am also a broker, apart from being an entrepreneur* so I should know this better-
Politics › Re: South Africa Returns Seized $15m To Nigeria by olajide8(m): 6:24am On Oct 25, 2014
First pleasant news in a while if they like let them use their cronies again* to try and loot money -
Nairaland General › Re: A Cursed Few In Our Generation by olajide8(op): 8:12am On Oct 22, 2014
You see our problem the national assembly conferred immunity on themselves as well as the president and governors - now they also ensured that if the president refuses to sign a bill they can assent to it, - its obvious most corrupt governors are going to the senate and its possible if APC wins they would all be probed -so they are protecting themselves in advance people who see tomorrow thieves seun your PDP* look and you would see- they want to be able to arm twist the president GMB - if he comes in to fight them* corruption which way nigeria- the corrupt few are holding us by the jugular - what can we do about it-
Politics › Re: Okonjo-iweala Urges Nigerians Tobear With The Nature Of The Economy by olajide8(m): 7:08am On Oct 22, 2014
When I said it - years ago Voodoo economics NOI - I had no support- now after 3years, election is coming they are begging 1year ago did they beg you/us - nope - we meant nothing to them, an anti-corruption fighter is coming they have started confessing - showing actual figures in finance and power- we are watching; and God is watching asari is no longer talking - edwin clark is silent- I always say this the devil has followers but for their followers - God is watching and the poverty they are forcing will be on your generations- nigeria will be great - we need to get these clueless people out of power- NOW!!
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 12:44pm On Oct 19, 2014
erico2k2:
ahah this is funy,Im not going to ask you any more question as I now assume you aint got the answers,Im surprised you failed to realize the middle class in Nigeria is xpanding at a rapid speed while other Economies are stagnant.I can Tell you as a matter of fact the middle class in the UK is not expanding in other hand china's expanding.If only Nigerians are not greedy and agree to pass on price relief to the end users, we would see the benefits of these figures.These figures like we pointed out earlier would not necessary mean cheaper goods and services rather its a measure of how much things should have increased to or decrease.now that's not Pricing.
I refuse to puncture your assumptions - but what characteristics would you look out for when you refer to the middle class that NOI* and world bank claim is growing - are they self-employments or employed by government/private - the middle class in the uK is not growing because they can actually measure and see it no one can lie about it- is it our level of tax payments that is being used to measure, what exactly - or contracts given out to supposed people (their cronies), supposed SME's established and growing- that are closing shop per day, what/who exactly forms the growing middle class - at least from my education I know that -basically, education level schools are striking, waec results are poor and churches are establishing universities, if they don't it would be in the accounts of the churches and not make a difference, age; people in states have always lived longer then people in lagos because of the stress in lagos, occupation is it the amount of medical doctors being churned out are they the only ones in nigeria, gender in some cases men and women are of equal proportion don't mind the population census- look at the people who go to church on sundays and the roads/street when church services are on, disposable income level what are people actually bying brand new or tokunbo cars, and how are they paying instalmentally or right, environment they habit in lagos people are moving t ikorodu because its presumed cheaper, or is it, what they purchase? are actually the things that determine the classes of people? - here comes my question who are the people that represent the supposed/said middle class that is growing? If a person - working as a civil servant, corruptly steals government money to buy a house in a newly developing estate, does that mean the middle class is growing (and they are so many of them) what exactly represent real growth? (Jobs that last and are permanent or temporary jobs-contract jobs which are everywhere) so where is the middle class - if you are in nigeria their is 2 classes of people the rich and poor shekena! People are rich because they have what can produce and continue to produce wealth even when they retire- people are poor because they don't and cannot produce wealth even when they retire, check this against civil servants and the supposed houses they are acquiring that's if that was used as a population sample for the middle class
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m):
erico2k2:
Can you point us to a location where you think the figures are wrong? Bear in mind the source is in the public domain.
Stop asking questions like those in authority- ask where they got the figures they put into the report then we would measure it - ask questions ask for explanations - instead of accepting that nigeria economy is growing , because it was re-based-
I still insist, inflation is not something that can be measured using forecasted figures, especially when you refer to human beings and making government policies, blend and influence the average nigerian - most of the figures they churn and use I know if you see you would swear- mostly they use figures based on the value of the naira to the dollar-
Politics › Re: Boko Haram Negotiates Cease-fire, Chibok Girls Release In S’arabia by olajide8(m): 10:49am On Oct 18, 2014
When I said the government had been fuelling extremism for years - you would ask how and why? Stop sending people on holy pilgrimage, with nigeria's money- let them use their money and when they come back they should all be questioned, on their belief's - Scrap the pilgrims board NOW! both christian and muslim pilgrims board O! immediately - governors should stop!!!! funding pilgrimages to save our country - this is the second time I would say this - initially when these thwarts started I said govt., should stop funding pilgrimages- people ignored me* get back our girls and please wipe them off the surface of this earth - they would still try it again "prevention -killing them, is better then cure integrating them into the society-
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 6:35am On Oct 18, 2014
ducii:
The figures are there as a guide, the end seller might not follow the figures, and sell at very high prices. Now how is that the governments fault?
What it means is the figures of increase or decrease in inflation levels are wrong, and this would affect the monetary policy strategy of government(CBN) - and they are not doing the needful - directing policies at middle men that would force prices down* or reduce channel marketing to encourage the major producers to create big outlets - they claim they are Prof's and Dr's - haba are they supposed to look to us, for answers? - its better they head back to universities to teach O! And stay their-
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 9:34pm On Oct 16, 2014
The bottomline inflation is good(ie the profit put on top of a product manufactured in nigeria is actually inflation) - too much of inflation is bad (excess put on it above the true value) - the actual percentage of inflation is what they haven't been able to balance - because they are incompetent they are all text book professors and Dr's - nah so so book without true practical's and that's why they can't survive outside structure- bank salary, ministry, organisation world bank etc- world bank Would give you figures you would shake your head like agama lizard- is it a white man that would go to mile 12 market pt their feet in mud that someone pissed in, to price or nigerian's that finished from oxford that they employed at world bank, that would dip their legs in mud at mile 12, dei-dei tomato market, lugbe in abuja community market, pen cinema market, iju market - onitsha food market, onions market potiskum yobe- awe, kenna village market nasarawa after lafia? Kawli beans market? They just alk into garki ultra modern market and price and move out and give figures-
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 9:16pm On Oct 16, 2014
ducii:
I agree with you that a slight increase in inflation might affect ones disposable income, but I am saying that prices of goods going up are attributable to more important factors other than just a slight increase/decrease in inflation.

I used Konga.com as a yardstick for a business that is doing very well( remember in your earlier post when you said businesses were failing in Nigeria.)

The issue is that sometimes businesses fail because of the level of Education of some of the business owners. I was having drink with a bank manager a few months ago, and I asked him, why SMEs could not get loans from the banks, he told me that the good businesses, that are run properly get, but that some business owners could not articulate what they wanted, how much they needed.
He gave me an example about a trader who came to the bank, looking for a loan and brought along his sales invoice from the day of inception (there where over 50 booklets) Now that is a lot of invoices, do you think the banks have the time to be going true all his invoices to see how well his business was doing, the answer would be NO.
In the long run he just told the guy that the bank has no money.
Okay- I just want to stress something on jumai which may surprise you- I don't know the owners but I know they may just have an office and not a large warehouse,- they charge the sellers for using their platform, they don't carry the products I.e warehouse them the sellers bring them when their is a demand - the delivery vans are purchased n hire purchase- "that's if they are sensible enough because of the very unstable economy" all these point to one thing no tangible investment and channel marketing- by extension trading- banks give loans on short term basis- a year and pretend to give loans on long term basis- car loans, mortgage etc and this strategy would never aid long term growth - which would bring down inflation, in the real sense- because those items of technology which would really develop the economy are long term based- and all the measures the clowns in finance and the current central bank governor is doing is artificial - you can't pretend just for people to clap for you - in the papers - Now I also want to talk about the banks- and the last reference your friend doesn't really want to stress so much but I would tell you what I know about loans- you want to assess a loan have a history with the bank 1. Turnover 2. Collateral landed property within a choice area i.e abuja maitama along the road- just in case you can pay they turn it into their branch and it adds to the bottom line of assets for the bank 3. Domiciliation of returns for contracts and now corporate organisations are running away from domilicing payments because broz nah bouncers and area boyz in tie, be recovery officers for banks now O! 4. Have someone 3rd party or someone of means that would give a post dated cheque for the loan 5. Fix above the amount you need in the bank and borrow using it as collateral - 6. You must have been doing the business before and have evidence of it- and finally you must be vetted by someone in the bank that believes you would pay- now.
His 50booklets amount to nothing if he doesn't meet up with all or either of the above - some banks don't even borrow- access bank I can go into detail of all the banks as I am talking from experience- now how does this affect inflation* the people measuring inflation use indices of those doing well around them as parameter - forgetting that they are just a "finger full" not even a "handful" and for any system to balance it must be all encompassing- for example using telecom as a case study against housing mortgages in nigeria - which should have been the richest? To me housing because everyone needs it- but which is thriving more telecoms! While because its so obvious- majority don't have assess to it- and those that have assess to it pay exhorbitantly for it -
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 2:58pm On Oct 16, 2014
I still beg to defer on the prices of items - increase in price and reduction in purchasing power (dis-economics) as against increase in price and the same quantity being purchased (inflation)-
When did konga and jumai become a yardstick of actual measurement of items in the market? Do they even sell mudu garri and raw tomatoes? We run a system where the actual cost of items can not really be determined by jumai* buttressing more jumai doesn't actual produce, they serve as a channel and look for how to make profit as middle-men, and the size of their market share in terms of income, showing their turnover and not their actual profit* - so please don't get it wrong, they statisticians and finance ministry, goes to the supermarket to buy, we go to markets in hinterlands, buy yam along the expressway, -
I would like, too also defer on one very important thing- nobody/entrepreneur, starts a business with an intent of failure - they battle collecting loans and hustle from pillar to post to make sure it survives-consumers, but sometimes things greater then them come into play- can you actually tell me the amount of grains consumed per month, the bags of garri purchased, mudu of beans consumed during that period and what is consumed presently today* and measure that peri-pasu the cost of the food items and what is consumed today*
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 1:27pm On Oct 16, 2014
^ to add more I brought a mudu of garri for N300 and a mudu of beans for N400 in march - through june- this month I bouught the same mudu - but had to reduce my quantity for N400 garri and N450 beans I normally buy 3 I have had to reduce it to 2 per month - so where does the inflation come in exactly
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 1:23pm On Oct 16, 2014
ducii:
Your Assertions are wrong, Nigeria's Inflation went up consistently for 6months straight this year, did you see the prices of garri or your rent go up?

It doesn't work like that my friend.
Looking critically at it the expenditure pattern was presumed because they felt elections were about to start- the price of food items increased because of increase cost of transportation and the occasional scarcity here and there - how do you explain the in ability of government to be unable to release funds timely for need containment of diseases like ebola - and late disbursement or reduced disbursement to states- and then they say people are spending more- I am actually on ground- hands on* and an entrepreneur - businesses have closed down more and more people are looking for jobs* because they can't sustain their businesses- my submission*
Business › Re: Nigeria's Inflation Drops To 8.3% In September – NBS by olajide8(m): 11:12am On Oct 15, 2014
What alter rubbish - economics built on faulty foundations - business are finding hard to survive and a lot are shutting down - the purchasing power has drastically reduced people can't pay their children's school fees we can't even buy since we don't have income talkless of disposable income - why wouldn't inflation drop - prices would go down now as those still selling are just trying to so as to live - what alter rubbish - world bank economics* which america don't even follow- she's winning awards - the masses are getting more impoverished - the rich are getting richer the middle class is declining once again - because you are either rich or poor*
Politics › Re: General Muhammadu Buhari: Listen To His Whispers And Read His Body Language. by olajide8(m): 12:00pm On Oct 14, 2014
kross01:
So if he left office poorer than he was when he got in where lies the corruption? Or is he not expected to fall back to his businesses and keep doing what he knows best to do? I still don't get your point and what you tried to arrive at when you raised the fact that he owns a large land in Abuja and was unlawfully imprisoned by buhari. So please explain better to me
my explanation, isn't me trying to draws the fact that he owns a large property, it is me trying to explain, to you that as much as you felt he lost- his still very much well to do - now, the issue of unlawful detention over issues of corruption - doesn't necessarily mean he stole money, it could be as a result of nepotism, or as a silent onlooker, when those corrupt in the then government headed by him and shagari couldn't bring to book which is common to a majority of Nigerian's in power - they single out their kit and keen for favours, and that why when one man is Director General everyone he first helps are people from his village and town, irrespect of if they merit it or not- yes, you would ask -so who should he then have help- the answer is anyone and everyone, and that may be the reason they "buhari and the supreme military ruling council which comprised, of buhari, idiagbon, babangida, abacha, commodoree erwin, and so many others - i think they were up to 22 members" and they were ones that took decisions with buhari then has the head - so if you blame buhari for ekwueme wores babangida and abacha are also as responsible
Nairaland General › Re: Happy Birth Anniversary, Naptu2! :D by olajide8(m): 10:15am On Oct 14, 2014
Naptu is a year older - hahahahaha* where's the cake at? Enjoy the day HBD - MHR
Politics › Re: General Muhammadu Buhari: Listen To His Whispers And Read His Body Language. by olajide8(m): 10:10am On Oct 14, 2014
kross01:
Your post really disappointed me bro. Now tell me why was Ekwueme set free from prison if he was found guilty? Incase u didn't read that part of history Buhari was so hell bent on convicting the man that he set up multiple military tribunals to convict the man of corruption but they all returned same verdict, that the man left politics poorer than he was when he got in. His acquiring a land does it mean he can't do that from his numerous genuine businesses in Nigeria? Maybe you should go read about Ekwueme's family and their businesses then come back and say that again. None of the Ekwueme's that i know is an average man, from Alex (former VP) to prof. Laz(traditional ruler of their community/ nollywood actor/ owner of a musical group) they all r well to do individuals
Be that as it may - you read history we were der when that history was made, so the truth be told maybe smething was fishy -and yes do you expect public office holders to be richer when they leave ooffice then when they entered office* only in few exceptional genuine circumstances thou-

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