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Oyatz's Posts

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Politics › Re: Breaking: All Senators Past And Present Have Endorsed Obaseki by oyatz(m): 3:46am On Sep 17, 2020
chrisxxx:
Lol. Afonja leave that thing. Edo is not Lagos
Come Saturday, you will see people saying 'Edo is not Abia '
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 1:16pm On Sep 16, 2020
prophetfire:
. 'cos you and him smoke at the same joint.
Check the poverty rates in each of the Geo-Political zones.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 4:13am On Sep 16, 2020
prophetfire:
. South East poorest region in southern Nigeria? What version of weed do you smoke?
The guy is right.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 4:08am On Sep 16, 2020
proeast:
Don't get it twisted, he is right, Lagos is no man's land so far Nigeria remains one country. Same way Abuja is a no man's land. They were developed with national resources and will remain national heritage unless Nigeria breaks up then it can be yours. Or why do you think anybody can aspire and win political positions in those places without being an indigene of those places?
Who asked you where is no man's land and how is it related to your propanda Topic that Awolowo introduced Indigenization decree in 1972?

If that is your definition of no man's land, then Enugu, Imo and Anambra are also no man's land because they are built with monthly Federal allocations.



It's either you are accusing Awolowo ,Gowon, Benjamin Adekunle, Murtalar Muhammed or even Britain of being against you and being the cause of your predicaments but you never blame yourselves or your leaders for your predicaments.

On every social media, you guys like to be fighting and attacking Yorubas, Hausa-Fulani, Ijaws, southern minorities if they declare that they are not part of Biafria or even some Igbo clans for not being Igbo enough.

At the same time, you like to always play the victim card that other Nigerians hate you or are marginalizing you.


Lean to avoid unnecessary controversies and get along well with other Nigerians.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 6:31pm On Sep 15, 2020
Rugaria:
Lagos is a no man's land! Get used to that or you break away from Nigeria and run your new Afonjaistan with the proceeds from your cocoa sales.. As long as Lagos is still in Nigeria, the man from abakaliki has the same equal rights there with FELLOW MIGRANTS from Oshogbo like you...
You keep ranting randomly echoing your frustrated thoughts, answering questions that were never asked.

Who said anything about the rights of Ebonyi people are lower than the rights of other Nigerians in Lagos?

Dangote all the way from Kano is building the largest refinery in Lagos and we don't see anyone saying he has limited rights neither do we see Hausa people screaming 'Lagos is no man's land'.
Only people from your ethnic group do such and at the same time you also like to claim other Nigerians hate you.

Learn to get along with other tribes instead of courting unnecessary controversies

If Lagos is no man's land, then Enugu, Onitcha and Aba are also no man's land.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 6:08pm On Sep 15, 2020
Rugaria:
You can not argeu that the ikwerres are not igbos while ATTACHING BY FORCE to the Aworis and the Eguns who are the REAL and ORIGINAL OWNERS of Lagos... Go back to your Oshogbo and develop and stop dragging Lagos with the owners..
What is my business with Ikwerres and how do they come into History and demography of Lagos State?

About 95% of Indigenes of Lagos have never heard of anything called Ikwerres and call anybody that comes after Bini 'Omo-Ibo'
Politics › Re: Ex-minister Of Aviation Femi Fani-kayode Meets Governor Kayode Fayemi Of Ekiti by oyatz(m): 4:47pm On Sep 15, 2020
Uncle Femoo, we are enjoying and following your tours but you need to tell us who exactly is bankrolling this tour sir.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 3:27pm On Sep 15, 2020
Rugaria:
Lagos is the land of the Aworis and NOT the land of the Yorubas according to the Oba of Lagos himself!!! Please Be guided....
Then as a Professor of Lagos Affairs, you need to tell us who are the Aworis.










Many of you don't even know where Lagos begins and end but like to form experts on Lagos History.

Egun, Ijebu, Aworis are all indigenous people in Lagos State (which is NOT exactly the same thing as Lagos State just like Enugu is NOT exactly the same as Enugu State) whose territories are also contigous and extend to Ogun State.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 3:17pm On Sep 15, 2020
Maduawuchukwu:
At the end of the day we have all seen that indigenisation did not lead to prosperity for Nigerians in the long run. The same foreign investors we chased away with the decree are now the ones we are pursuing all around the globe to invest in Nigeria. If the government was desirous of improving the capacity of Nigerians to take part in the Nation's economy, there were many other ways to ensure that other than indigenisation.
I think you don't fully grasp what really happened with the Nigerian Enterprise Promotion Decree (a.k.a Indigenization decree).

That law grouped enterprises into three categories.

1) Phase-1: small scale businesses which Indigenous Nigerians could do well were reserved exclusively for Nigerians and foreigners were stopped from participating in such businesses.

Now think about the Billions of dollars made by Nigerians from importation, distribution and sales of Automobile spare parts, Stationaries, Textile materials, building materials, Pharmaceuticals etc.

There won't be anything like Lapido auto markets, Balogun Markets, Alaba International Market, Trade Fair markets all operated by Nigerians if such businesses were still allowed to be dominated by European, Indian and Lebanese marchants/companies like John Holts, CFAO, A.G Leventis, PZ, MDS, Kingsways, Dominos, Bhojsons etc.

As at 1975, my grandfather used to take his Mercedes Benz Car from Ilesha, Osun to Leventis Motors, Lagos (the sole distributor for Mercedes Cars) for servicing and maintenance.

Auto Companies like like Datsun (now called Nissan) entered Nigerian markets in the 1970s by having Nigerian Business Man, the late Arisekola-Alao as their sole distributor.

2) Phase-2: these category must make 60% of their ownership shares open to Nigerians e.g Banking on account of which the FG bought substantial shares in First Bank &Union Bank, Food &confessionaries like Nigerian bottling Companies, Breweries like Guinness Plc, Transport &Haulage companies like Khaleel &Dibbo etc

3) Phase-3: These category must make 40% of the shares base available for Nigerians.
In this group are highly technical and capital intensive businesses like Oil& Gas e.g Total Place, Mobil Plc and Construction firms like Julius Berger, Cappa &grin'Alberto, Arab Contractors
Crime › Re: KingTblakHOC Remanded In Prison For Recording Sex Movie Inside Osun Grove by oyatz(m): 5:31am On Sep 15, 2020
What a sacrilage!

Can he do that within the premises of a Central Mosque and expect their indescent team to leave the place in peace?
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 8:27pm On Sep 14, 2020
Maduawuchukwu:
At the end of the day we have all seen that indigenisation did not lead to prosperity for Nigerians in the long run. The same foreign investors we chased away with the decree are now the ones we are pursuing all around the globe to invest in Nigeria. If the government was desirous of improving the capacity of Nigerians to take part in the Nation's economy, there were many other ways to ensure that other than indigenisation.
1) It did lead to prosperity for Nigerians.
Without it Nigerians in the 1960-1980 era wouldn't have been prosperous.

2) The Foreign Companies were never sent away outrightly like it was done in Zambia and later Zimbabwe.
First Bank, Union Bank , BP (transformed to AP- Conoil), West African Larfarge, A.G Leventis, Mobil etc are still here and doing well
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 7:04pm On Sep 14, 2020
proeast:
Lol, stop being smart by half. All you wrote there are half truths meant to decieve the unsuspecting.

1. You claim that Awolowo had left the Gowon government before the Indignization decree was passed into law? Awolowo had already forwarded the budget and forcast for 1972 fiscal year before resigning. Again, don't you know that policies can't be implemented immediately they were hatched? For the Indignization decree to have become law by 1972 means that the idea has been deliberated upon and the memo passed much earlier! Have you forgotten or don't you know there is what is called bureucratic bottlenecks in government? It is evidently clear that Awolowo was the one that pushed for Indignization decree!!

2. Of course yes, you're now getting it, Awolowo presented it to Gowon much earlier!

3. Yes, NEPC act was aimed at transferring ownership of foreign companies operating in Nigeria to Nigerians. Now, consider this, a devastating war was fought in the East and it just ended. Worse still, those from the East who survived the war, had all their accounts frozen and a measly 20 pounds given to them regardless of whatever thousands or millions they had in their accounts prior to the war. As if that was not enough, they all lost their jobs! So how on Earth do the architects of that Indignization decree except the Igbos to be involved in the process when they were totally emasculated?? The conditions that were attached that had to be met before one could participate even made it obvious that the objective was to totally rout them from having any stake in the economy.

4. Your point here is another attempt to decieving gullible ones. Lol, is buying and selling of stocks no longer a standard procedure for companies that are listed on the stock exchange? You sold companies in 1972 and thereabout during a time a section of the country couldn't participate. A particular section bought most of it and formed the chairman and board of directors then is there anything left? Shares that were later sold were obviously minority ones.

5. Another half truth. A company can decide not to sell its shares or just sell little. Other Nigerians buying insignificant shares later on makes no difference because the deed has been done, except on rare occasions such as during bankruptcy or takeover.

The basis for accusing Awolowo and his cohorts for those crimes is 100% in order.
You are free to hate Awolowo till eternity but these will not necessarily change the truth.

1) The agitations for indegenization of Nigerian economy started before Independence by Nigerian business men, educated elites and later political leaders supported it as a way to prevent foreign domination of the economy.
It's NOT just about Awolowo.

2) The Nigerian Enterprise Promotion Decree was signed into Law in 1972 to be implemented in April,1974.

At the initial phase, it was limited to small scale enterprises like advertising companies, retail shops, bakeries, laundries, Newspapers publications, printing, Transportation &Haulage by roads etc.

The aim was to prevent unfair competition from foreign business


This is very similar to what the Gov't of Ghana is presently doing.

3) The implementation of the law only started compelling Multinational companies to list their shares for Nigerians in the late 1970s.

It has nothing to do with Awolowo.

4) Yoruba and Igbos are not the only ethnic groups in Nigeria.

Urbobos, Ijaws, Efik, Bini, Tiv,Idoma, Beroms,Igbos, Fulanis, Kanuri, Igala, Bariba, Anaguta, etc also bought shares in these companies.

5) All over the world, wars have consequences.
I don't know how you figure out that whatever consequences the Igbos faced after the war must be blamed on the Yorubas.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 6:30pm On Sep 14, 2020
Maduawuchukwu:
The purpose of the indigenisation decree was bullshit for me. Nigerians were clearly not capable of managing the multinationals present then. If they were capable, they would have founded their own companies.
Every independent Country always strive to promote the Prosperity of her own citizens first before the prosperity of outsiders.

Nigerians actually established their own companies. As a matter of fact, some of the companies mentioned in this article of propaganda were established by Nigerians e.g Odua Textiles, Ado-Ekiti, Nigerian Tribune and Wema Bank.

However, Nigeria and Nigerians before 1960 were grossly disadvantaged by colonialism to establish many companies like the Colonial powers.
Culture › Re: Ohu, Osu: Nigeria's Slave Descendants Prevented From Marrying Who They Want by oyatz(m): 6:23pm On Sep 14, 2020
goodnessme1:
But when did yorubas start caring about Igbos?
What concern Yorubas in this matter?
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 12:36pm On Sep 14, 2020
proeast:
Lies and more lies, but I will always counter you guys with verifiable facts.

You claimed no company was taken over by any tribe but that's fallacy, lots of foreign companies were actually taken over by the Yorubas under the guise of Indignization decree.

Now look at the following attachments and see man's inhumanity to fellow man in full glare.

As you can see, over 1000 foreign companies were affected!

Now look at the second attachment and see the stringent conditions that would totally ensure that Igbos never got involved especially bearing in mind that their bank accounts were confiscated and the maximum each person got regardless of whatever thousands or millions he had prior to the war, was a measly 20 pounds!
Did you read the screenshots at all?
It just corroborated what I have been saying that the decree provided to Nigerians to participate in the ownership structures (not the same thing as sales or take over of any company as been spuriously portrayed by IPOB propanganda).

There was no part in the article on the decree mentioning Awolowo or the Yorubas taking over any company.


Igbos like all other Nigerians face economic problems on daily basis and I don't know how this is caused by Awolowo or the Yorubas.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 12:11pm On Sep 14, 2020
Rugaria:
You have to take responsibility for the calamity that your uncles have brought to Nigeria and stop trying to share the blame! You are the dangerous tribalists who less than 6 years after independence, ran back to the same colonialists you chased away to come back and help you fight a war in Nigeria. The British subsidized your oil grabbing war to the fullest but has never left again since then and this country has paid dearly for that as Shell and Co run riot.

With the north producing little or no graduates at this time, you saw the unfolding events as great opportunity to hijack the whole administrative set up of the country and all of a sudden, your mischievous leader who once flamboyantly defined Nigeria as a "geographical expression" , became the champion of Nigerias unity, so much so that he was willing to orchestrate the first black on black genocide in Africa to achieve this, thereby providing the template upon which the brutal wars in Angola, Sierra Leone, Liberia, Sudan etc were fought.

You hijacked everything thereafter; UAC, LEVENTIS, FIRST BANK, IBWA, UBA, NIGERIA AIRWAYS, NIGERIA SHIPPING LINE, NICON, the whole federal civil service and almost all quotas meant for the locals with the indigenization policies in the oil industry, the finance sector, while creating fake billionaires all over the place with spurious over drafts from the banks.. Most dangerously, you created and introduced to Nigeria, a parasitic brand of elite that became infamous for their hedonistic penchants. That's how we came to become those who block streets for "naming ceremonies" and co.., owambe to wash new car, new appointment, and for burial ceremonies of uncles that died 3 decades ago when the celebrant was still poor!

Just as one awolowo started the culture of flying around in Nigeria to campaign in choppers, you created the private jet culture that is responsible for the massive capital flight in Nigeria today as the elite embibe your ostentatious display of profilgacy! Buying houses in London to prove you have"arrived", going for "medical check-up" abroad, spraying money on musicians like drug Lords will do else where. These were all cultural trends set by a highly hedonistic Yoruba elite post civil war, based mainly on looted funds. No wonder almost all government agencies pratically collapsed as a result.
No serious minded Nigerian has the time to read your frustrations induced epistle.

Everybody is out here on a Monday morning looking for how to make their lives better.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 11:45am On Sep 14, 2020
Rugaria:
You see how smart you think you are? Immediately after the war, immediately after confiscating almost all igbo property all over the country and bombing every inch of igboland with the help of your masters from Britain, Egypt, Sudan and the Soviet Union, immediately after killing close to 5 million igbos Inna genocidal quest to loot eastern oil, immediately after eliminating almost all igbos through targeted progroms and massacres, immediately after your 20 pounds for any amount left in the banks by igbos and ofcourse, immediately after saddling the whole officialdom with highly unqualified so-called Yoruba administrators post war, you THEN started an indigenization/privatization process and expected the igbos to participate!? You see why the rest of the country see you lot as a very treacherous bunch? This is the only reason why you are the only group begging and crying for nigerias unity today.. Even the fulanis are not so desperately pro unified Nigeria like you guys...
You are just lamenting and projecting your frustrations which unfortunately is not related to the topic under discussion.

1) Awolowo had left the Gowon Regime before the Indigenization decree.

2) The policy did NOT take place in one day or one month as been falsely propagated but over many years.

3) The policy was about the NOT sales of any company but opening up the ownership structures of the companies for NIGIERIANS (not just the Yorubas as been spuriously portrayed by silly tribal bigots).

4) Trading in the shares of these companies which were compelled to list their shares on the Nigerian Stock Exchange is a continous process such that those who didn't buy Firstbank or West African Larfarge Shares in 1975 were able to buy them in 1983 or 2002 etc.

5) Igbos, Ijaw, Efik,Fulanis, Berom, Yorubas and indeed ANY Nigerian who wants to buy shares in these companies can do so.

The basis of accusing the Yorubas in this matter is borne out of ignorance.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 4:25am On Sep 14, 2020
horsepower102:
But both sides cannot be right at the same time. Trust me I enjoy decorum too but one side is trying to maintain lies while the other side is trying to expose it.

I have said similar things in the past about Nigerian economy when the yorubas completely took over. They destroyed the economy with their Hausa Fulani masters.

It’s was finally during OBJ administration that he smartly put few igbos in key positions. That’s when some progress started being made.

Majority of the companies that they stole during indiginization policy are bankrupt and looted.
But Igbo owned and managed companies like The West African Pilot (Azikiwe's Newspapers Empire), African Continental Bank (ACB), Ojukwu Transport, Champion Newspapers ,Iwanyanwu Nationale, and Savannah Bank collapsed without involvement of the Yorubas.


Moral of the story:
1) Companies rise and fall ,even in the US, the home of capitalism.

2) Successful management of companies have nothing to do with Tribes.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 4:16am On Sep 14, 2020
Rugaria:
As at the 90s, managers of such sate corporations as NITEL, NEPA and all the banks in the east and most floor workers were all Yorubas.. The northerners were lacking behind in terms of producing graduates while the east were effectively blokced from participating in running the economy of their Land. Things only changed when babangida moved the capital to Abuja after orkars coup. Most Yoruba workers preferred to stay back in Lagos providing the northerners an enviable opportunity to flood officialdom with their kind. Their war with Abacha helped to accelerate this process. Obasanjo came in and tried to reverse that with spurious privitasation and consolidation policies that favoured them again. Thats how African petroleum, NICON insurance and co transmuted into Yoruba companies.... Inshort both the Yorubas and fulanis are not in anyway interested in biulding any country.. They are simply in a rush to loot as much as possible before their iniqiuteous activities break up Nigeria..
Dangerous Tribalists like you like to give the impression that all the problems of this country are caused by people from outside your tribe.

Curiously you don't provide any proof to justify such assumptions but want every Nigerian to believe your biased opinion hook,line &sinker.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 4:04am On Sep 14, 2020
proeast:
The funny thing is that most of those companies they cunningly took over are now either rundown or now has a good percentage of Igbos in its board.
You are weaned on falsehoods and propanganda with deep seated delusion of persecution.

No company was taken over by any tribe.
The decree mandated Foreign Companies to allow Nigerians to buy into the ownership structures of these companies.

The indigenization policy actually started with small scale enterprises (similar to what Ghana is doing to Foreign Traders now in 2020) which stopped Lebanese, Europeans &Indians from operating retail shops in Nigeria.

It only reached the stage of Multinational companies around 1975-79.
Politics › Re: How Awo's Indignization Decree Of 1972 Caused Nigeria's Decay by oyatz(m): 3:53am On Sep 14, 2020
Igbochief001:
Lol awo was more than a finance minister .....gowon relied on him completely for advice ....

Anyhow Sha today how far ? ...Igbo man is the chairman of uac ....most of the rest done fold ...houses sold to igbos. ...next 50 years go funny Sha
Quit this your silly propanganda.

1) Awolowo had resigned from the Gowon Regime shortly after the civil war in 1971.

The indigenization of these qouted companies took place around 1975-1978.


2) The clamour for indegenization policy (now called local content development) started in the 1950s to ensure that political Independence also guarantee economic Independence for Nigerians.
Politics › Re: Constitutional Review: Zone Us To Southwest, Okun People Write Nass by oyatz(m): 7:06pm On Sep 13, 2020
GarangDeMabior:
You have to drag Ebonyi here. Yoruba man and their love for one nigeria.

Others are fighting to leave, these ones are fighting to join SW and continue the parasitism movement.

Well, the letter is just an academic exercise.
Okay, we have heard you well sir.

Now clap for yourself and go back to your seat
Politics › Re: Constitutional Review: Zone Us To Southwest, Okun People Write Nass by oyatz(m): 12:00pm On Sep 13, 2020
samsard:
Hausa is sparsely spoken in Benue and mostly by people of Hausa or core north origin.
Hausa is also 'sparesely' spoken in Ebonyi State especially among people of Hausa or core North origin.
Politics › Re: Constitutional Review: Zone Us To Southwest, Okun People Write Nass by oyatz(m): 11:57am On Sep 13, 2020
Advocate500:
The same people that will tell u the igbo speaking area in Niger delta are not igbos but migrants from Benin republic will be quick to accept the okun people as yurobas, let us continue to deceive ourselves in this country when we are ready we all will know, the okun people have never complained about their relationship with the northern region just like the igbo speaking south south until now they are feeling insecure with their adopted brothers, when we are ready as people we will know.
The is a request made by the Okun Descendants Association (ODA).

They never mentioned Igbo and I don't know how you manage to bring in Igbo into the discussion.
Politics › Re: Constitutional Review: Zone Us To Southwest, Okun People Write Nass by oyatz(m): 11:54am On Sep 13, 2020
motherlode:
Even though their concerns are genuine, it is practically impossible to cede them to the south west based on geographical segregation because they represent just a chunk of Kogi's landmass that shares land border with Edo, Enugu and Benue. Their goal can only be achieved with equal cooperation from Kwara state and Kogi as a whole. They all must speak in unison else, nothing worthwhile will be done.
It is possible sir.

They are NOT asking for the whole of Kogi State but OkunLand (roughly equal to Kogi West)
Politics › Re: Constitutional Review: Zone Us To Southwest, Okun People Write Nass by oyatz(m): 11:52am On Sep 13, 2020
SmartPolician:
This is quite different.

The Igbos lost the Biafran war, which explains why the Igbo-speaking people in Rivers and Delta have refused to align with their brothers in the South East.

If the reverse had been the case, they would have been begging to join the country because Biafra would have gone far.

Besides, Nigeria would be treating them as slaves just as they do now (explore and tap your oils and pay you peanuts in compensation).

Victory has many friends. On the other hand, defeat has numerous enemies.
Delta State was NEVER part of the defunct Republic of Biafra.
Politics › Re: Igbo Or Ijaw, Who Owns Opobo? by oyatz(m): 8:31pm On Sep 12, 2020
Obalatule:
So is Lagos Ogun ondo, only Osun and. Oyo are true Yeroba
Who is a Yoruba man and what exactly define a Yoruba person?
Politics › Re: Kadaria Ahmed Asked To Condemn Kano Death Sentence As She Criticized Ibiyeomie by oyatz(m): 2:44pm On Sep 08, 2020
Queenlovely:
if you want to live long.

learn to turn deaf ears to some idiots

turn a blind eye too

This is the secret of why buhari is now fresh.

yaradua died because he too love nigeria

buhari almost died when he came into office, he developed ear problem.

now he ignores Nigerians he is getting fat

God punish una

5000 years for una
I can't just stop laughing.
This is the most hilarious post I have read on Nairaland since 01-01-2020.
Politics › Re: What's Exactly Stopping Nigeria From Having 24/7 Electricity? by oyatz(m): 7:01am On Sep 08, 2020
juman:
Mr. Man use your sense.
We voted out pdp because of their failure.
APC has demonstrated to be the twin of pdp.
Why getting worked up?

I asked a simple question and you com dey vex like say I dey abuse you

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