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2023 Presidency: Who Do You Think The Organized Private Sector Will Support? - Politics (6) - Nairaland

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Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by plaindealer: 10:15pm On Nov 16, 2022
List Of Dignitaries Present At Tinubu’s Meeting With Business Leaders

President of Dangote Group; Aliko Dangote, Chairman of Zenith Bank; Jim Ovia, Chairman of UBA; Tony Elumelu, former Chief Executive of Access Bank; Aigboje Aig-Imoukhuede, Group Chief Executive of Access Bank, Herbert Wigwe, former Chairman of Forte Oil, Femi Otedola.

You won't see these powerful businessmen in any setting or event with obi or Atiku.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Bigleaf1006: 10:16pm On Nov 16, 2022
Mynd44:

The topic here is Organised Private Sector not market women.

Do you have a short attention span or ADHD?

Bros leave that guy....you know their ilk are all bunch of loud mouths making unintelligible noise everywhere....can't even have an intelligent fact based discussion with them
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by asanausana91: 10:17pm On Nov 16, 2022
post=118449415:
JAGABAN all da way......

A vote for Pandora or his Oga Atifku is a vote for JAGABAN.

A vote for JAGABAN is a vote JAGABAN.

God bless Our incoming Presido JAGABAN Bola Ahmed Tinubu.

God bless all sane, honest and hardworking Nigerians.

God bless Nigeria.

are you Normal? A man that cannot remember the name of his political party?
It's better you vote for a death president than voting for Tinubu.
Atiku is the only person that can take this country to the greatest level .

1 Like

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by plaindealer: 10:18pm On Nov 16, 2022
36STATES:


Those are no business, they are for his political project, You cannot make money with those kind of business.


Typical junk and unintelligent talk.

Abeg step aside if you no get anything intelligent and mentality stimulating to talk about, go and peddle your market women idle gossips and gists elsewhere.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Barrylord4040: 10:18pm On Nov 16, 2022
Obi was a drug dealer.

quote author=Franchise21 post=118450276]Obi is an ex Banker and also a Businessman. What's Tinubu's occupation? [/quote]
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Barrylord4040: 10:20pm On Nov 16, 2022
Is far better than obi that doesn't work know the meaning of green energy




asanausana91:
are you Normal? A man that cannot remember the name of his political party?
It's better you vote for a death president than voting for Tinubu.
Atiku is the only person that can take this country to the greatest level .
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by buckeyemedia: 10:23pm On Nov 16, 2022
JoeNL22:

Yet you can't sleep because of him, you can't nack your bae well because of him. Yet you can't eat because of him. Obi is your next president......get use to it
If anything you said is true, may Jehovah punish me.

As for you, sorry for the damnation you are about to receive.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by N3TRAL: 10:26pm On Nov 16, 2022
Mordecai:


Before we go further, and just for records sake, note that even the minimum wage earner actually earns more than 30k a month. Black tax, subsidies etc all play a part in that.

Now, Government spending in Nigeria is not really what you think. Despite what they say, the government is not really "spending". The billions you hear about mostly go into "savings accounts" owned by public officers. To make it worse, these billions don't even go into the financial system. They end up removing cash from the system. Both in naira and in dollars.

A prudent government will actually curtail these by reducing the amount available for these "black market operations", and actual spending would in reality increase, and be channelled to sectors where there are impacts on the people. When these set of public office holders can steal no more, they will begin to spend from the loot.

They would be expected to actually flood the economy with unexplained cash.

Prudence by government is what will help then, as against chasing them around with EFCC.

I'm not disputing the prevalence of corruption in Nigeria's public and civil service.

I am asking how that corruption and government spending makes the price of a cup of garri to increase by 50% in 6 months.

We know there is corruption. How does it relate with inflation? How will reducing "government spending" fight inflation?

Note, Nigeria does not suffer demand-pull inflation. Inflation in Nigeria is as a result of the cost of producing local goods or importing foreign goods. It is not inflation caused because Nigerians are so rich.

Let's use the biscuit / sausage roll industry as a case study. If the inflation in the industry was a function of surplus money in circulation, the companies in the sector would not reduce the quantity of biscuit in a packet of biscuit and increase the biscuits price by 5% or allow the price to remain. They would rather increase the price of a packet of biscuit by let's say 50% without altering the quantity of a packet of biscuit.

It is because the cost of production is high and the population is poor that most likely makes biscuit manufacturers to reduce the content of the biscuit and retain the price so that Nigerians can still afford biscuits.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by akakurukukaku(m): 10:30pm On Nov 16, 2022
Mynd44:
1. Tinubu was governor of Lagos. His party governs Lagos and the next industrialized state, Ogun.

The influence of these two states is enough for the private sector to listen to him. Lagos has almost 85% of the headquarters of major corporations and all the HQ of banks in the country.

Lagos hosts the important ports which these sector needs and has also demonstrated making them better by starting need ports in Lekki and Badagry.

Lagos is the largest by population hence their work force and also the largest market for their goods.

2. Atiku is one of the most important people in Nigeria's organised private sector as he is on the top 5 biggest employers of Labor. He is one of them and understands their pains. He is also one of them since he also produces and he knows where the pinch is. When FOREX is a problem, he feels it and knows the pain. He knows the pain of finding the right staff, the pain of getting the raw materials, the same pains other people in the private sector go through

3. Obi is not a producer, he is an importer. He is a risk to local producers as his policies on importing will run them out of business and out of money. He just said he will lift restrictions on importation. Imagine being Kenneth Imasuagbon and after you invest billions in your rice production business, a presidential candidate says he will lift restrictions on rice importation which means your rice will be the most expensive and your investment will probably just die. How do you get behind such a candidate?




You must be from Edo State. Therefore you are my younger brother. However, I would prefer you support Bola Tinubu
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by lukency(m): 10:31pm On Nov 16, 2022
Tinubu
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Toktee(m): 10:38pm On Nov 16, 2022
Mynd44:
1. Tinubu was governor of Lagos. His party governs Lagos and the next industrialized state, Ogun.

The influence of these two states is enough for the private sector to listen to him. Lagos has almost 85% of the headquarters of major corporations and all the HQ of banks in the country.

Lagos hosts the important ports which these sector needs and has also demonstrated making them better by starting need ports in Lekki and Badagry.

Lagos is the largest by population hence their work force and also the largest market for their goods.

2. Atiku is one of the most important people in Nigeria's organised private sector as he is on the top 5 biggest employers of Labor. He is one of them and understands their pains. He is also one of them since he also produces and he knows where the pinch is. When FOREX is a problem, he feels it and knows the pain. He knows the pain of finding the right staff, the pain of getting the raw materials, the same pains other people in the private sector go through

3. Obi is not a producer, he is an importer. He is a risk to local producers as his policies on importing will run them out of business and out of money. He just said he will lift restrictions on importation. Imagine being Kenneth Imasuagbon and after you invest billions in your rice production business, a presidential candidate says he will lift restrictions on rice importation which means your rice will be the most expensive and your investment will probably just die. How do you get behind such a candidate?



Your last paragraph though..
Is Nigeria a producing or consuming nation?
What and what is produce in Lagos and Ogun that's helping in driving domestic or Nigeria own brand?
Shame on you.

2 Likes

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Atlantis585: 10:41pm On Nov 16, 2022
plaindealer:



Today you go say Tinubu owns the whole of Lagos, after that he owns The Nation, TVC, MAX FM and so on, and tomorrow, you still go shout and wail that he's jobless and doesn't do anything for a living and he's just looting your money from abia and umuahia..


Who swear for you people? grin grin



Your lord and saviour said he doesn’t own any of what you mentioned above. So I ask again, what does he own or what does he do for a living?
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Martini2020(m): 10:41pm On Nov 16, 2022
buckeyemedia:
Tinubu for sure, undoubtedly.

FACT!

1 Like 1 Share

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Gucciblog: 10:43pm On Nov 16, 2022
Mynd44:

When Nigeria first got GSM, it was mad expensive with time, the prices dropped and it is now one if the cheapest in the world.

Rice is reducing though, it presently sells for 31k

31k where?

You're a big fat liar

1 Like

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Painsoother(m): 10:45pm On Nov 16, 2022
Mynd44:

When Nigeria first got GSM, it was mad expensive with time, the prices dropped and it is now one if the cheapest in the world.

Rice is reducing though, it presently sells for 31k
Gsm coming into Nigeria then was its first and early stage., Nigeria had rice that was already affordable. Way bellow 6k till the ban on foreign brands was placed.
why didn't your clown of a principal ban the importation of fuel? No refinery in place, right? So how many rice mills was put in place prior to banning rice importation?
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Zakibnj: 10:46pm On Nov 16, 2022
The right candidate is atiku Abubakar the man that knowing how growth our economic
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Mordecai(m): 10:48pm On Nov 16, 2022
N3TRAL:


I'm not disputing the prevalence of corruption in Nigeria's public and civil service.

I am asking how that corruption and government spending makes the price of a cup of garri to increase by 50% in 6 months.

We know there is corruption. How does it relate with inflation? How will reducing "government spending" fight inflation?

Note, Nigeria does not suffer demand-pull inflation. Inflation in Nigeria is as a result of the cost of producing local goods or importing foreign goods. It is not inflation caused because Nigerians are so rich.

Let's use the biscuit / sausage roll industry as a case study. If the inflation in the industry was a function of surplus money in circulation, the companies in the sector would not reduce the quantity of biscuit in a packet of biscuit and increase the biscuits price by 5% or allow the price to remain. They would rather increase the price of a packet of biscuit by let's say 50% without altering the quantity of a packet of biscuit.

It is because the cost of production is high and the population is poor that most likely makes biscuit manufacturers to reduce the content of the biscuit and retain the price so that Nigerians can still afford biscuits.

I made an edit to my earlier post.

You're right about the cost-push inflation.

Question is, why are costs rising?

It all comes down to the much touted government expenditure, which they are not really "spending" on services. They actually spend it on dollars, pushing up the exchange rate. Which affects the biscuit manufacturer, as his costs rise.
If government blocks stealing and curtails inflation of contract amounts, the nominall expenditure will reduce, and the actual expenditure will increase. The stealing crew will begin to release their cash into the economy, both as bribes to buy their way, or s inducements to sabotage the government or on the normal course of living. Whatever the case, you are right in that the CBN would be in the best position to manage this, not by the government reducing its actual expenditure.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Okhuadams(m): 10:51pm On Nov 16, 2022
Penguin2:
The Organized Private Sector (OPS) made up of the Nigerian Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Manufacturers Association of Nigeria (MAN), and other similar bodies, are one of the strongest cabals in Nigeria that are rarely spoken of.

This body holds all the banks, Insurance companies, Telecom companies, etc, with millions of employees under their influence.

Sometimes ago, I heard it said somewhere that if the Organized Private Sector do not want you to win an election, you are going nowhere. While this is debatable, it is not far from the truth.

Having established the sphere of influence of the OPS, let’s now go into the crux of this piece - who do you think the OPS will support for the presidency in the 2023 presidential election?

Is it Tinubu?

Tinubu was governor of Lagos for 8 years; everyone knows about that. And I think his only relationship with the OPS came from when he was governor since Lagos is the economic nerve centre of the country. But that was it. Before and after his governorship, Tinubu is not known to have owned any business that made him a member of any of these bodies which would make him understand the needs of these bodies. If anything, the administration of Tinubu introduced a lot of taxes which suffocates businesses; no matter how we want to argue about how imperative the introduction of those taxes are.

Is it Atiku?

Like Tinubu, Atiku has no much affiliation with the OPS except for his time as Vice President of Nigeria and his ownership of Intels, a company that handles shipping of oil or so, which he has now divested from. Atiku also owns the American University in Adamawa but I don’t know if proprietors of schools are part of the OPS (people who know better should inform us).

Is it Peter Obi?

Of the 3 frontline candidates, Peter Obi is the only one who has been, and might still be, a member of the OPS. Having been Chairman of Fidelity Bank and sat on the board of directors of another bank, Obi is clearly sunken into the OPS. Again, being a major importer in Nigeria, something his traducers seldom use against him, Peter Obi is also a member of importers and exporters association of Nigeria (if there’s any such body). But what his being an importer means is that he understands the pains importers pass through to source forex and to clear their goods when they eventually land; not talking about high excise duties that these importers pay just to clear their goods.

So, from the foregoing, it’s quite obvious that Peter Obi is not only a friend of the OPS, he’s part of the OPS, if not part of the board of directors.

But this is Nigeria. That Peter Obi is part of the OPS is not a guarantee that the body would support him. So many other factors might make the body choose to support another presidential candidate like Tinubu or Atiku. Worthy to mention that it is also not likely that they will all swing to one person as interest and motivation might bring about divergence of opinion and choices amongst them.

But who do you think they will support?

Penguin is a bird of reason.
Who but the Olori Oko himself The JAGABAN of Africa, The EMI LO KAN 1 BATIFIED BATIFIER
BOLA AHMED TINUBU
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Corto: 11:31pm On Nov 16, 2022
Penguin2:
The Organized Private Sector (OPS) made up of the Nigerian Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Manufacturers Association of Nigeria (MAN), and other similar bodies, are one of the strongest cabals in Nigeria that are rarely spoken of.

This body holds all the banks, Insurance companies, Telecom companies, etc, with millions of employees under their influence.

Sometimes ago, I heard it said somewhere that if the Organized Private Sector do not want you to win an election, you are going nowhere. While this is debatable, it is not far from the truth.

Having established the sphere of influence of the OPS, let’s now go into the crux of this piece - who do you think the OPS will support for the presidency in the 2023 presidential election?

Is it Tinubu?

Tinubu was governor of Lagos for 8 years; everyone knows about that. And I think his only relationship with the OPS came from when he was governor since Lagos is the economic nerve centre of the country. But that was it. Before and after his governorship, Tinubu is not known to have owned any business that made him a member of any of these bodies which would make him understand the needs of these bodies. If anything, the administration of Tinubu introduced a lot of taxes which suffocates businesses; no matter how we want to argue about how imperative the introduction of those taxes are.

Is it Atiku?

Like Tinubu, Atiku has no much affiliation with the OPS except for his time as Vice President of Nigeria and his ownership of Intels, a company that handles shipping of oil or so, which he has now divested from. Atiku also owns the American University in Adamawa but I don’t know if proprietors of schools are part of the OPS (people who know better should inform us).

Is it Peter Obi?

Of the 3 frontline candidates, Peter Obi is the only one who has been, and might still be, a member of the OPS. Having been Chairman of Fidelity Bank and sat on the board of directors of another bank, Obi is clearly sunken into the OPS. Again, being a major importer in Nigeria, something his traducers seldom use against him, Peter Obi is also a member of importers and exporters association of Nigeria (if there’s any such body). But what his being an importer means is that he understands the pains importers pass through to source forex and to clear their goods when they eventually land; not talking about high excise duties that these importers pay just to clear their goods.

So, from the foregoing, it’s quite obvious that Peter Obi is not only a friend of the OPS, he’s part of the OPS, if not part of the board of directors.

But this is Nigeria. That Peter Obi is part of the OPS is not a guarantee that the body would support him. So many other factors might make the body choose to support another presidential candidate like Tinubu or Atiku. Worthy to mention that it is also not likely that they will all swing to one person as interest and motivation might bring about divergence of opinion and choices amongst them.

But who do you think they will support?

Penguin is a bird of reason.

They will hedge their bets and support all three sides, because 2023 is up there in the air. Tinubu would've had a clear shot had his biggest supposed ally not been a dyed-in-the-wool tribal bigot.

At the end of the day, blood debt between every Fula and his fellow kin, will trump any type of party affiliation, and that's what Afenifere were trying to explain to him a few years ago when he insisted on selling his own tribesmen as slaves to the Fula.

Everyone must reap whatever they sow in this life
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Morphinne: 11:31pm On Nov 16, 2022
JoeNL22:

Yet you can't sleep because of him, you can't nack your bae well because of him. Yet you can't eat because of him. Obi is your next president......get use to it
No Chukwudi, that’s not the reason why we can’t sleep. You’re suffering from acute stupidity syndrome and remember that stupidity is a very contagious disease. If we fold our arms and fail to put you where you rightly belong, then we risk an outbreak of stupidity infestation from the east grin So my friend, we’re doing this for no one other than ourselves.. cheers wink
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by SmartMen: 11:36pm On Nov 16, 2022
Mynd44:

No points to argue,
No counter argument

Just emotions, anger and bleh.

Okay, you are noticed
My own joy is that you guys have been restricted to Nairaland... stay here and die here but don't bring this trash to Twitter or Facebook... u will dealt with lol

1 Like

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by Emir01: 11:36pm On Nov 16, 2022
Even without thinking too much your brain shud have told you how close Otedola, Rasak Okoya, Dangote, Jim Ovia, Baba Ijebu, Fola Adeola the owner of Eko hotel, Oriental hote e.t.c are to Tinubu. No politician in Nigeria today have billionaires friends than Tinubu both home nd abroad. Ordinary Tinubu colloquium lecture you will all of them full there.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by NZYTW342: 11:42pm On Nov 16, 2022
Atiku abubakar A A

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by toneroforever(m): 11:47pm On Nov 16, 2022
In Nigeria the electorates that cast the most ballot are the Organized Hungry Masses.
Now go & find out who they can trust with the treasury among the presidential hopefuls.
That's the person who will win.

1 Like

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by NZYTW342: 11:48pm On Nov 16, 2022
Atiku abubakar A A
Painsoother:
Gsm coming into Nigeria then was its first and early stage., Nigeria had rice that was already affordable. Way bellow 6k till the ban on foreign brands was placed.
why didn't your clown of a principal ban the importation of fuel? No refinery in place, right? So how many rice mills was put in place prior to banning rice importation?
noted

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by millionaireman: 12:02am On Nov 17, 2022
At the long run, illiterates and semi-illiterates stacked in one region of Nigeria determine who wins Nigeria's presidential election.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by millionaireman: 12:06am On Nov 17, 2022
PrinceOfLagos:
No responsible company or private sector will want to partner or associate with someone whose name is soiled in drug dealings

Drug dealing is a very serious crime that attracts death penalty in some countries of the world and Tinubu has been accused by the United States of heroine dealings and money laundering. No private sector would want to deal with man of too many questionable characters ..
You feel Nigeria is a progressive country?
Even Pablo Escobar can be cleared to contest election in Nigeria, and he wins, so long as he satisfied the religious and cash money scheming of a Nigerian group holding Nigeria at the jugular. Nigeria as one country is a falsehood.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by millionaireman: 12:13am On Nov 17, 2022
Mynd44:
1. Tinubu was governor of Lagos. His party governs Lagos and the next industrialized state, Ogun.

The influence of these two states is enough for the private sector to listen to him. Lagos has almost 85% of the headquarters of major corporations and all the HQ of banks in the country.

Lagos hosts the important ports which these sector needs and has also demonstrated making them better by starting need ports in Lekki and Badagry.

Lagos is the largest by population hence their work force and also the largest market for their goods.

2. Atiku is one of the most important people in Nigeria's organised private sector as he is on the top 5 biggest employers of Labor. He is one of them and understands their pains. He is also one of them since he also produces and he knows where the pinch is. When FOREX is a problem, he feels it and knows the pain. He knows the pain of finding the right staff, the pain of getting the raw materials, the same pains other people in the private sector go through

3. Obi is not a producer, he is an importer. He is a risk to local producers as his policies on importing will run them out of business and out of money. He just said he will lift restrictions on importation. Imagine being Kenneth Imasuagbon and after you invest billions in your rice production business, a presidential candidate says he will lift restrictions on rice importation which means your rice will be the most expensive and your investment will probably just die. How do you get behind such a candidate?





Private sector people backing a Tinubu who banked drug trafficking money and was forced to return the money to the US government for freedom? Only a THIEF or fellow Drug barons in the private sector will back Tinubu.

1 Like

Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by toneroforever(m): 12:21am On Nov 17, 2022
Emir01:
Even without thinking too much your brain shud have told you how close Otedola, Rasak Okoya, Dangote, Jim Ovia, Baba Ijebu, Fola Adeola the owner of Eko hotel, Oriental hote e.t.c are to Tinubu. No politician in Nigeria today have billionaires friends than Tinubu both home nd abroad. Ordinary Tinubu colloquium lecture you will all of them full there.

Quit fantasizing bro. The lineup of the political gladiators in Jos yesterday (Buhari inclusive) for the APC presidential campaign flag off should have suggested that the election next year will be a walkover for Tinubu. However, the events that unfolded & the dynamics of the 2023 elections suggest otherwise.
First, a section of the rented crowd stone them showing the obvious rejection of Tinubu despite the fact that they were paid.
The governor of Plateau state is the chairman of the campaign council yet many Jos residents didn't show up because they are OBIdient. Now compare the attendance of yesterday's campaign with that of Obi's visit to the same venue. Remember APC had to bring in the people who participated yesterday from different parts of the north.

Tinubu's urchins think 2023 will be like previous elections,no..... Now that's the biggest mistake they keep making.
2023 is a class war between the elite and the masses. No amount of captains of industry or heavyweight politicians can save u if the masses are not on ur side.

Use of BVAS & naira redesign have also disrupted APC's & PDP's rigging plans & made their so called structures worthless.

Add that to Buhari's attitude towards elections which shows that he is indifferent to whoever emerges victorious. Tinubu is clearly on his own. The too many controversies he is embroiled in has further depleted whatever is left of his base.

The so called Northerner block votes h.e was hoping to inherit from Buhari is already up in flames. Other northern candidates have eaten deep into those votes while Obi is poaching his SW votes & enjoys support from the Omoluabis & Afenifere.

I guess by now u should have an idea of who will carry the day.

Vote wisely.
Re: 2023 Presidency: Who Do You Think The Organized Private Sector Will Support? by NwekereNdoki: 12:50am On Nov 17, 2022
Obi is the oly candidate that is hammering on the need to go from consumption to production. Under him, new industries will emerge.

He did it as governor, he will do it as president.

This is Habour Industrial Layout, revived and

https://www.youtube.com/watch?v=LLD37GvDfHg




He revived the industrial estates in Anambra as governor, today the estate is growing.

https://www.vanguardngr.com/2012/08/manufacturing-sector-key-to-employment-says-obi/
https://businessday.ng/columnist/article/anambra-state-leads-re-industrialization-south-east/
https://allafrica.com/stories/200603300301.html

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