₦airaland Forum

Streetinvestor2:
Just like you are writing rubbish because you love the president and other reasons. Which stupid supreme Court judgement. How can a court pass judgement on a matter that was not before her.At what point was defection of law makers brought to supreme court. A case has not even gone through federal high and appeal court and you made pronouncement on it.On what facts did supreme court use to make such judgment. Stop thinking we are foolish. Since your claimed judgement has the governor not taken steps to honour what was on the judgement. He desolved the lga.Tried representing the budget....rubbish .
I wish the military will equally come for his terrible government soon

This is a call for military intervention / termination of the republic. Such call constitutes sedition under the law

If the presidency don't handle this crisis well,we will go back to the days of Peter odilli and obasanjo,wike didn't do well on his part because he has made the whole thing look tribal.....the pipeline bombing is another opportunity for the boys in Creek to do business but things should not escalate further.

essentialone1:
[size=8pt][/size]

CWG dividend. About 4.38%

GOOD

Bizibi:
If the presidency don't handle this crisis well,we will go back to the days of Peter odilli and obasanjo,wike didn't do well on his part because he has made the whole thing look tribal.....the pipeline bombing is another opportunity for the boys in Creek to do business but things should not escalate further.

God bless you my brother!
The president was enjoying the confusion that Wike was causing in PDP, forgetting that Niger Delta is very volatile and this kind of problem could degenerate into something bigger that could affect the peace of the area as well as serious impact on the economy.
I was shocked to see/hear Wike, a sitting minister appointee of the president say something like ''If you blow oil pipelines, I will blow up the whole of Nigeria.......'' and the president kept quiet, looking on without any serious statement to caution or dissociate his govt from that kind of reckless statement.
Violence is not good, so nobody should be allowed to provoke violence in the Niger Delta.
Late President Yar'Dua and other stakeholders laboured and compromised a lot to give us peace in that region so a power drunk person like Wike should not be allowed to ignite the flames just because of his greed and hunger for power.
Now, all our investments and stocks in the oil and gas sector are at risk now ( Aradel, Seplat, Conoil, Mobil, Oando, etc)

So is the market going to ZERO?


Investors just don't like uncertainties. The FG handled this issue poorly.

Crude oil that we're running on deficit, we don't have enough to supply to the local refineries and we aren't meeting OPEC quota.

All these would have been avoided, but here we are.

I don't know why we cannot be proactive in this country.

currentprice:
Month of March is here.... update

From TA angle. NSE INDEX still on the bullish side with pullback going on at the moment awaiting banking & others 2024 financial report and the DIVIDEND

The awaiting report/dividend declaration in my opinion is what the market waiting 4.... to take direction. in the past most time, once dividend declared market nosedive. is the same scenario going to play out? time will tell

watch out for this support levels 105,375 first, if that support fail to hold. 101.000 must not be breach otherwise market will become yam pepper scatter scatter

Make ASI retest 67k fess, I want to check something

It is pure waste of energy and time engaging in political and religious arguements.
These two topics make people cling to their biases and see everything strictly from their prejudices eevn when they feign neutrality.

GeneralDae:
The truth is that if the president just watched and allowed the House of Assemblies impeach Fubara, that would have been more problematic.

Also, as a president you don’t cower to those blowing pipelines and issuing threats. You get firm else we are just a banana republic and the state would be surrendering her power to those people whose first response to the Supreme Court order was to threaten to blow the pipelines.

If the sponsors of the militants sense fear as a response to their threat, that’s the end. It would mean they have the power to always threaten or demand more. Other political sponsors would not hesitate to also use the militants against the president.

Tinubu understands these things having been in the political arena in Nigeria for long. To Tinubu, it wasn’t the militants speaking or issuing threats but their political sponsors testing the waters.

The appointment of the retired naval chief to head the state in response is a clear statement.

Oga no dey yan dust. If Tinubu's aim was to return peace to Rivers he would have curtailed Wike's excesses. Afterall he is just an appointee while Fubara is a duly elected Governor. He just dey destroy the economy dey go with his reckless leadership.

SonofElElyonRet:
This is a call for military intervention / termination of the republic. Such call constitutes sedition under the law

Mr lawyer.Have you read what the NBA said about the action of the president. When you jettison the constitution it becomes dictatorship and no longer democracy. Or you only know part of the law that suit your narrative .The government is indirectly inviting the military by violation of our constitution .

Mr lawyer can you help us explain how a court (supreme) can jump the line and make pronouncement on a matter that has not been tried by two lower court .The supreme court by her wisdom looks at the facts /technicalities that was presented at lower court and decides if the judges made judgement to the best of constitution and others. How is rivers case being treated differently on the 27 defection

Heishere:
Oga no dey yan dust. If Tinubu's aim was to return peace to Rivers he would have curtailed Wike's excesses. Afterall he is just an appointee while Fubara is a duly elected Governor. He just dey destroy the economy dey go with his reckless leadership.

You do not know what agreement Tinubu had with Wike that made him "deliver" Rivers state in the last election the way he did.
Having delivered in the last elections, be sure that Tinubu will want to retain Wike for the next election inespecially as it concerns Rivers and FCT

Ding!

Mpeace:
You do not know what agreement Tinubu had with Wike that made him "deliver" Rivers state in the last election the way he did.
Having delivered in the last elections, be sure that Tinubu will want to retain Wike for the next election inespecially as it concerns Rivers and FCT

He can retain still Wike but curtail his excesses for the peace of the region and the oil and gas industry and the economy at large.
Every president should be able to control his appointee in any matter, unless the president is clueless or complicit.

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I had a bad dream 😞

That because of capital adequacy and recapiralisation drive....
most banks declared bad dividends

I just hope that is a kai kai induced dream

Eyes on OANDO - currently -27.27% YTD.
Too late to abandon ship?

currentprice:
Month of March is here.... update

From TA angle. NSE INDEX still on the bullish side with pullback going on at the moment awaiting banking & others 2024 financial report and the DIVIDEND

The awaiting report/dividend declaration in my opinion is what the market waiting 4.... to take direction. in the past most time, once dividend declared market nosedive. is the same scenario going to play out? time will tell

watch out for this support levels 105,375 first, if that support fail to hold. 101.000 must not be breach otherwise market will become yam pepper scatter scatter

Let’s see today’s candle/ volume print for a clearer picture.

Streetinvestor2:
Mr lawyer.Have you read what the NBA said about the action of the president. When you jettison the constitution it becomes dictatorship and no longer democracy. Or you only know part of the law that suit your narrative .The government is indirectly inviting the military by violation of our constitution .

Mr lawyer can you help us explain how a court (supreme) can jump the line and make pronouncement on a matter that has not been tried by two lower court .The supreme court by her wisdom looks at the facts /technicalities that was presented at lower court and decides if the judges made judgement to the best of constitution and others. How is rivers case being treated differently on the 27 defection

Nothing in what you have written justifies your call for a coup.
Generally speaking, the supreme court is infallible not because it's (always) right, but right because it is infallible. You can disagree with it's judgement but not it's supreme constitutional powers to decide disputes

Mpeace:
You do not know what agreement Tinubu had with Wike that made him "deliver" Rivers state in the last election the way he did.
Having delivered in the last elections, be sure that Tinubu will want to retain Wike for the next election inespecially as it concerns Rivers and FCT

That's why he is joining Wike to destabilize RIvers. He knows that if Fubara is still Governor nothing for him in Rivers State in 2027.

RodgersAkpafu:
I had a bad dream 😞

That because of capital adequacy and recapiralisation drive....
most banks declared bad dividends

I just hope that is a kai kai induced dream

Na the other Akpa go reply you

SonofElElyonRet:
Na the other Akpa go reply you

hahahahahahaha

Depends on the number of bottles you took last night

RodgersAkpafu:
I had a bad dream 😞

That because of capital adequacy and recapiralisation drive....
most banks declared bad dividends

I just hope that is a kai kai induced dream

SonofElElyonRet:
Nothing in what you have written justifies your call for a coup.
The supreme court is infallible not because it's right, but right because it is infallible. You can disagree with it's judgement but not it's supreme constitutional powers to decide disputes

I wish the military......
I call on the military......

These two statements don't mean same in English or law.It obvious I can beat you in the court room,lol

RodgersAkpafu:
I had a bad dream 😞

That because of capital adequacy and recapiralisation drive....
most banks declared bad dividends

I just hope that is a kai kai induced dream

The dividend will surely be a problem. Anything below N6 for GTCO and ZENITH will be bashed

KarlTom:
Depends on the number of bottles you took last night

Lol

Agbalowomeri:
The dividend will surely be a problem. Anything below N6 for GTCO and ZENITH will be bashed

except they will make up during the interim dividend season, anything below 6+ no go nice

Heishere:
That's why he is joining Wike to destabilize RIvers. He knows that if Fubara is still Governor nothing for him in Rivers State in 2027.

But Fubara for Play fast one by simply decamping to APC and pledge allegiance to Tinubu. Evennif na fake allegience like Obaseki use to do

Final DIV of 350 kobo is a conservative benchmark.

IMO 600 kobo is a stretch...

It's obvious some people just let emotions control their brain, what is the correlation between political crisis in a state and destroying national asset to make a statement, that is unpatriotic behavior. Anybody found doing or supporting that for whatever reason should be killed/jailed.
Because of one yeye local politics some uncivilized tribes felt they can hold the whole country at ransom just because they did not like the man at asovilla.

Yeye people.

Streetinvestor2:
Just like you are writing rubbish because you love the president and other reasons. Which stupid supreme Court judgement. How can a court pass judgement on a matter that was not before her.At what point was defection of law makers brought to supreme court. A case has not even gone through federal high and appeal court and you made pronouncement on it.On what facts did supreme court use to make such judgment. Stop thinking we are foolish. Since your claimed judgement has the governor not taken steps to honour what was on the judgement. He desolved the lga.Tried representing the budget....rubbish .
I wish the military will equally come for his terrible government soon

Be calming down...
ee go better

Saw this somewhere (yet to verify) but if true then thank God. My Aradel can breathe 😆

This could be a PR push to mitigate the free fall.

'Significant damage' cannot be fixed in less than 48 hours...

https://businessday.ng/news/article/nigerias-biggest-oil-pipeline-restarts-amid-rivers-crisis/

GeneralDae:
Saw this somewhere (yet to verify) but if true then thank God. My Aradel can breathe 😆