₦airaland Forum

nikkiking:
;Dhahahah I love this man simplicity.
Even though he took the boat with a sniper and his Ak 47 guarding him .

An ordinary citizen can hardly go to the creeks without protection talk-less a Senator who looks like he is Barack Obama.

He needs all the security he can get.

A good majority of Nigerian University Graduates have a serious problem. There is this disgusting entitlement mentality they suffer, that not only prevents them from contributing their best to their organization, but makes them demand gratification for their degree instead of their input to the organization. That mentality that says "I'm a graduate so I ought to earn so so and so amount notwithstanding how I do my work".

I mean, a company is gives you the opportunity to have breakfast in the canteen or take a lunch break and you are here complaining. Or do they think the Chinese would produce all the goods they are selling globally if not for their positive work ethic??

Confessng:
Many traditional leaders have died this year ooh
Ooni of Ife
Emir of Borgu
Olu of Warri
Now Emir of Keffi

I hope nobody is taking these guys out. Haba.

The rate is alarming.

Oba of Benin. Emir of Kano, and a host of others.

Hmmm

An average of $245,000 per day minus presidential jet. Hmmm.

And the president has spent about 45 days offshore.

Well, some Mathematics.

$245,000 x 45days + (jet money) = $11 million + jet money

In naira= $11 million x 248 = N2.73 billion + Jet money.

If simple things like Taxi,Accommodation and Feeding would cost 2.73 billion, it would be safe to assume that JET MONEY would cost 3 times that amount. So JET MONEY would be equal to N2.8 Billion x 3= N8.2 Billion.

So Total on Junketing = N2.8 Billion +8.2 Billion= N11 Billion.



Now, 7 things N11 Billion would have done for Nigerians.

1)It would pay 600,000 Nigerian Workers minimum wage at 18,000 for 1 month.

2)It will buy 126 million litres of fuel at 87 Naira per litre. That's enough fuel for 10 days for 1 million cars if they are given 12 litres per day.

3)It would buy 3,500 Tractors at 3 Million Naira per tractor putting almost 100 tractors in every state definitely leading to an Agro revolution.

4)It would build 10,000 solar boreholes for communities across Nigeria at N1.1m each providing clean water for at least 2 million ruralites.

5)It would give a whooping 550 Million Naira in world class upgrades to each of the 20 Federal Teaching hospitals in Nigeria. Hmmm.

6) It would change 2000 Danfo buses in Lagos to Brand new Air Con Hiace Buses at 5.5 million per bus.

7)


And on a lighter note:

N100 Naira recharge card for 110 million Nigerians.
1.1 billion puff puffs at 10 Naira each. That's enough to give 50 puff puffs to 22 million Lagosians.
It will give a hair cut to 73 million Nigerians at N150 per cut. In short, All the males in Nigeria get a free hair cut.
It will buy 146,000 laptops at N75,000 each. 450,000 Tecno Phantoms.
183 million bottles of coke at N60 per bottle. That a coke for every Nigerian & 2 for every Togolese.
1 million 50kg bags of rice at N11,000 per bag.

vicadex07:
You all behave like kids that need to be handed candy everytime so as not to throw tantrums and cry all over the place. That there is the problem of all WAILERS. Even when power and everything else was doing fine during the first few months of Buharis presidency, you still had cause to wail about his government being a Northenocrazy.

You all lack the mental capacity to intelligently analyze a situation and decipher the causative factors of a problem.

Interesting. I asked you two simple questions and you spoke about Wailers and Northernocracy. Interesting disconnection. That earns you a classic f9.

Well, this is the story of most Nigerians for the past 3 months.

I bought fuel for 140 and spent a good amount of productive time trying to buy that previously readily available commodity. Just last year even when oil price was much higher at $85, I was accustomed to buying fuel at N87.

I also haven't had light for more than 3 hrs in the last 3 days. To think it now costs me double to fuel my generator and I have to leave it on for twice the time I would usually do as there is barely any light available. That's a quattro shot.

Plus I just returned from Germany where I couldn't pay for my hotel bills with my debit card because I'm now limited to spending a maximum of $300 a day even if I have hard earned millions in my account. Previously I could withdraw up to $1500 daily via an ATM and even more via POS.

I ordered some machinery from a foreign country for my farm. I paid 60% of the cost early in the year to start up production. I simply bought the forex I needed, paid it in my domiciliary account, and made a transfer from my bedroom. Simple, easy and smooth. 1 hour tops.
Now I have to pay the balance 40%. I'm not allowed to pay money in my domiciliary account. I have to wait for CBN to approve. Two,three weeks and no approval. Productivity diminishes and you wonder why our Gross Domestic Product is falling??

The economy is tanking. Companies have no choice but to downsize. Naira is taking a beating and exchanging at 250 Naira to the dollar.

And our Daura President still thinks Jonathan is President.



Once more I ask you:

How much did you buy fuel today and How many hrs did you spend on a queue.

@Poster

I have just two questions for you::

How much did you buy fuel today

How many hours of your time was spent at a filling station

Why are we seeing the picture of the snake and not the goose??

Or do you have a ghost goose.

Please same camera you used in snapping the snake, use it in snapping the hero goose so we can accord it an e-ovation.

dangelo101:
Papabrowne Please I know this post has been here since 2013. But I'd like to know if you ve still got those you plots in Edo. Let's do some business.

Hmmm! Got over 800 plots now. Scooped up quite a bit over the last year. Planting big time now. Lovely experience.

A few pics.

[img]http://postimg.org/image/8e6kdel6t [/img]


About Business, you can reach on wenses (at) farmforte.com

dangelo101:
Papabrowne Please I know this post has been here since 2013. But I'd like to know if you ve still got those you plots in Edo. Let's do some business.

Hmmm! Got over 800 plots now. Scooped up quite a bit over the last year. Planting big time now. Lovely experience.

A few pics.

[img]http://postimg.org/image/8e6kdel6t/[/img]

dangelo101:
Papabrowne Please I know this post has been here since 2013. But I'd like to know if you ve still got those you plots in Edo. Let's do some business.

Hmmm! Got over 800 plots now. Scooped up quite a bit over the last year. Planting big time now. Lovely experience.

A few pics.

[img]<a href="http://tinypic.com?ref=n8hv4" target="_blank"><img src="http://i63.tinypic.com/n8hv4.jpg" border="0" alt="Image and video hosting by TinyPic"></a>[/img]

[size=18pt]Oshiomole? ? ? ? ?[/size]

You'll believe that list only if you haven't been to Edo State lately.[b][/b]

8trn with a capital expenditure of 2trn and you want 40%? Who that our humble Vice President his mathematics?

Smells like world war 3 in the making. Hope these are coincidental and not some powerful forces trying to respond to Putin's Syrian action.

God please put sensible humans to rule over our affairs. Not war-monging presidents.

I like the Cross River guy. He is a visioneer and wise beyond measure. He went all out to get Buhari to commission, not because of the road itself but because if the seaport must fly, the Feds must first approve.

And more importantly, I like the picture. In this picture is a PDP Governor and an APC President.

Against all odds, they have shelved partisanship and upheld development.

Many APC fellas would hate this picture or would start dreaming that Ayade would decamp to APC.
MANY PDP fellas would also wonder why one of their best materials is associating brazenly with Buhari.

Well truth is, true development minded fellas understand that getting all the collaboration you need would serve your best interests.


Once again, big kudos to the Ben Ayade, the CRS Governor. A truly digital road. I'm impressed. Cross River always produces woulderful governors. Remember Donald Duke??

The letter read: “I write to inform you that President Muhammadu Buhari, has acceded to your request. Mr. President will perform the ground breaking of the 240km Super Highway dual carriage road from Calabar to Northern Nigeria[b][/b].”

When completed, the road will reduce travel time from Calabar to Obudu Ranch Resort from six to two hours.

This project is a state government project connecting Calabar to Obudu both of which are in Cross River state.

But in Buhari's interesting head, the project connects Calabar to Northern Nigeria......the probable reason why he happily accepted the invitation.

That's about the best way forward for Nigeria. I have been reading about them too and it's a concept that suites the Nigerian landscape especially when you consider the fact that as it stands today, most of the basic amenities in Our cities are provided by privates and there are no applied laws governing our environments.

Totally support this.

We can keep talking about bad leadership and all......trust me we would remain where we are....except of course we as a people begin to fix ourselves. We always tend to forget that the leadership we produce is a function of the people populated in society.

Why do we find it hard to paint our houses or do we need leadership to do that for us?
Or is it a lack of leadership that makes corruption extend even to our very homes??

While I believe we've largely been unfortunate with a lack visionary leaders and it has contributed immensely to the backwardness we see, the real problem is our love for petty tribal affiliations which enable us elect the most visionless leaders into positions of power.

Singapore had a visionary leader, but it also had a band of followers who were willing to do right to transform their country.

Interesting thread

If that is the case, then America is it was once known is over. Literally dead and soon to be buried. Very sad.
The world needs new leadership and China might just be it. They want to kill Christianity and all that its about. It wont work.

There is something about Akwa Ibom and Cross Rivers states.
In my projections, these areas would be the best parts of Nigeria in the very near future.
They produce pretty good leaders all the time.
Duke was Superb, Akpabio was excellent and now you have this Udom guy in Akwa Ibom and Ben Ayade guy in Cross Rivers. Both of them have hit the ground running while other states still have thier governors begging Buhari who seems to still be learning the ropes for alms.

Federal Cabinet Delay: Nigerian Stock Market Loses N823 Billion

The delay by President Muhammadu Buhari in appointing members of federal cabinet has been impacting negatively on the Nigerian equities market and has led to a dip of N823 billion in the value of the market between when he took over and last Friday.
Investors had reacted positively to the victory of Buhari in March as market rallied for 10 straight days, longest streak of gains since December 2012.

The market added N1.8 trillion in the first four days of that rally. The market,which dipped from N11.478 trillion at the beginning of the year to N10.718 trillion in Fedraury due to pre elections apprehensions, surged above N11 trillion after the presidential election. And on the eve of the inauguration of Buhari's administration, the market stood at N11.659 trillion.

However, the delay in the appointment of ministers after over 40 days in office, is discouraging equity investors, who are waiting to know the policy direction of the Buhari's government before taking investment decisions.

Consequently, the stock market has dipped from N11.659 trillion, on the eve of inauguration to N10.836 trillion last Friday, translating into about seven per cent decline.

"Given the pedigree of President Buhari, his victory at polls was enthusiastically received. Expectations have been high. But the non appointment of key government officials, including ministers, has dampened confidence of many investors. That is why the market has been sluggish.As you know, investing in stocks is investing in the future of those companies. But now, it is difficult to tell the policy direction. That is why investors are reluctant to invest for now. I believe by the time the government appoints ministers and make its policy direction known, the market will pick up again," a stockbroker told THISDAY at the week end.

Reviewing the performance of the market in the month of June, analysts at FSDH Group said the equity market continued its down trend.

The decrease in the market performance was due to the overwhelming influence of the difficult macroeconomic environment which dampened investors’ sentiments. The Nigerian Stock Exchange All Share Index (NSE ASI) depreciated by 2.49 per cent a on a month-on- month basis to close at 33,456.83 points. The market capitalisation also fell by 2.04 per cent to close at N11.42 trillion," they said.

According to them, there has been a general weakness in investors’ sentiments arising from the general macroeconomic conditions that have worsened the profitability of quoted companies at the bourse.

"A cursory look at the movements in the individual sectoral indices shows that the only month-on-month gain was recorded in the NSE Industrial Index with a gain of 1.99 per cent, as some stocks in the Index continue to offer upward potential in their prices. All other sectoral indices recorded month-on-month losses. The highest month-on-month loss was recorded in the NSE Banking Index with a loss of 6.03 per cent followed by the Insurance Index with a loss of 3.51 per cent," FSDH said.

Looking ahead, they stated that they did not expect a major improvement in the earnings of the quoted companies in Q2 2015, adding "The market may drop further in the month of July. The policy direction of the current administration may set the path that the equity market would follow in the short term."

The analysts advised that speculators might take a short position, while long term investors might maintain a hold position.

"The historical performance of the equity market did not follow a particular trend. Going by the current development in the economy we expect the market to follow the July 2014 trend in July 2015," they declared.



http://www.thisdaylive.com/articles/federal-cabinet-delay-nigerian-stock-market-loses-n823-billion/214449/

Just before

Loving every bit of this. Jasper always on point!!
Sitting in class and listening attentively.
You've taught me lots in numerous ways than one.

mrmetoo1:
Wow!! Kids, if a country says it's broke it doesn't mean it doesn't have money at all. All it means is, it's financial obligations outweigh what they have. They shared N400b+ yesterday but let's put that into perspective, FG and states owe construction companies N600B. That's just one of the numerous industries FG and states owe money. A lot of agencies are being owed money. A healthcare agency just reported today that it has not gotten any allowance since August last year. Again this is the same situation in almost every government agency.

[b]Anyway at least they reported an increase from April due to improvements in refunds. [/b]I hope that continues with the steps the FG has taken to block leakages, I hope we continue to see increase as the months go by.

That part was meant for the gullible. Who calculates drop or increase in revenue month to moth as if all months are equal. All this deception should end already and let those in power get serious. There is work to do.

vera202:
What size of land do u want?

50 Hectares for a start. Would take up to 200 hectares eventually.

What area do you have access to?? You can reply here or hit me up on papabrowne@gmail.com

Any offers

ogb5:
How many hectares do you need. Can you come to Delta state?

I need about 100 Hectares. What part of Delta State do you have??
I prefer Edo State though.

?