₦airaland Forum

orriyomi33:
I have gotten my own share of the loss in value of my capital on my US stock brokerage account that I was planning to purchase some stock but abandoned it.

I deposited #287,000 on the 23rd of September, only to withdraw for an emergency yesterday @#276,000☹️

GeneralDae:
Customs were mainly influenced by NASS who increased their target and they have been insisting on this new fees for a while saying the cost of their operations have increased and many things have to be maintained. I cannot say I am certain Tinubu didn’t see it, but I look out for his reaction more. If Tinubu wanted it, complaints and mummuring alone would not make him reverse it. You may be right that it came to his desk and was approved initially by him. I cannot prove or disprove that.

As for the crude oil and Dangote matter, there was a lot of propaganda involved in it. NNPC didn’t sell crude as agreed because crude production had dropped drastically as at 2023/2024 and they couldn’t fulfill their side of the bargain. Between 2020 and 2022, lots of forward sales were also done. NNPC disappointed Dangote due to these reasons coupled with the fact that the refinery was at the pre commissioning stage and it was a time Dangote needed easy/quick crude for testing but it was also a time where our production was low and we had forex shortages and lots of forward sales. NNPC couldn’t just give Dangote all he needed for pre commissioning at that time (making little profits) and hence they scaled back ownership from 20% to 7.2%.

From the view of Dangote, this was disappointing and rightly so because he then had to spend to import crude at that stage.
When Dangote was complaining, these were the things he was complaining about in the case of NNPC.
Then when he spoke about Malta, opposition twisted it to point at Tinubu with no evidence but the fight was against big oil importers. Also, it would have been foolish for Tinubu to clearly take sides then by banning imports at that early stage.

When NMPDRA spoke saying they couldn’t determine the Dangote fuel quality or it not yet been ready, you cannot automatically say that was Tinubu speaking. Yes, Tinubu would not ban imports but to believe he told NMPDRA boss to give that speech as the excuse would be far too simplistic.

Summary: Was Tinubu against import ban? Yes. Does that mean Dangote was attacking Tinubu for that? No. He was attacking the marketers like DAPPMANN whom he calls the cabal. Tinubu doesn’t need to ban imports for him to take over the market but where the cabals try to restrict him from doing that, is where he fights (note the difference). Is Tinubu or Oando allowing imports because of Malta blending plant? No. Because no evidence links Malta imports to Oando or Tinubu but rather to another businessman who gave Buhari $1.5 Billion in 2020 in one of those forward sales.
So me I’m all for facts and the evidence and as investors, I’m sure this is the opportunity to learn. If I’m wrong on any of these points, I would gladly take it back.

SonofElElyonRet:
You need laying on of hands...

AI Overview
+4
Ellah Lakes – Transforming Nigerian Lives
Yes, Ellah Lakes has commissioned its 5-ton-per-hour (tph) Crude Palm Oil (CPO) mill, which is now producing palm oil as of September 2025, enabling in-house processing of palm fruit to enhance its value chain. The company had been in the process of commissioning the mill, with its successful operationalization reported in a recent September 2025 article by The Guardian Nigeria News.
Details of the Commissioning
Capacity: The mill has a capacity of 5 tons per hour (tph).
Status: It has been commissioned and is currently producing palm oil.
Significance: This facility allows for in-house processing of harvested palm fruit, strengthening the company's vertical integration and unlocking higher-margin downstream products.
Context
Ellah Lakes is transforming into a vertically integrated agribusiness, focusing on palm oil and other crops like cassava, maize, and soybeans.
The commissioning of the CPO mill is a key step in their strategy to move beyond selling fresh fruit bunches to processing them into value-added products.

Streetinvestor2:
So the mill has been commissioned. You sabi ask for evidence. Can u show us the evidence.
I hope that guy way sabi lie never spit put for your palm

Raider76:
Another check mate for NUPENG from Alhaji:

BREAKING: Dangote-Backed New Trucking Company Writes NUPENG, Says Drivers Reject Union Membership

https://saharareporters.com/2025/10/02/breaking-dangote-backed-new-trucking-company-writes-nupeng-says-drivers-reject-union

If true this will be the start of serious dispution for all unions and associations in the country. If members are free to refuse to join or withdraw their membership many will withdraw.

handsomebolanle:
Sabotage is a broad word…
Every company has a PENGASSAN whatsapp group.
What we should be asking is that “what exactly was the discussion and what exactly was the sabotage? Where are the evidences oor screenshot of the exact conversation ?”
Omoh, ah don tire
This matter should rest Abeg.,,

Raider76:
Another check mate for NUPENG from Alhaji:

BREAKING: Dangote-Backed New Trucking Company Writes NUPENG, Says Drivers Reject Union Membership

https://saharareporters.com/2025/10/02/breaking-dangote-backed-new-trucking-company-writes-nupeng-says-drivers-reject-union

If true this will be the start of serious dispution for all unions and associations in the country. If members are free to refuse to join or withdraw their membership many will withdraw.

emmanuelewumi:
Divulging sensitive operational information to third parties.

Tutorials from workers who wrecked the moribund refineries on how to reduce efficiency, create leakages and accidents

mygee2:
Hello Bosses in the house please I recently open a Morgan Capital account and I navigated the site I can't find where I can withdraw the money from Morgan to my bank account please who can show me the way
Thanks Bosses

SonofElElyonRet:
Guardian of 10th September reported that Ellah Lakes' Oil Mill has been commissioned

awesomeJ:
You can use the withdrawal request feature on iTrade, but be aware that the processing is still manual.

You can also just send an email to info@morgancapitalgroup.com


If you do either of these and do not get an email acknowledging your request within 2 hours, you can follow up with a call to them

SpaceX:
I have been ban from trading due to massive profits but I'm willing to get the cat out of the bag... Who is with me?

Agbalowomeri:
It has always been voluntary
Even ASUU is voluntary

Agbalowomeri:
I am with you boss
Let's go there

KarlTom:
Leadway and PAL Pensions planning to merge.

This will make them one of the top 4 insurance firms in the country.

I hope they list on the NGX

Raider76:
On paper, yes. If a truck can't load at a depot without the driver being a union member and the truck having a union sticker on, what else do you need to be told that you have to join?

Agbalowomeri:
I can see what you are covering so delete

awesomeJ:
Wow... Thanks.
Good thing it's nothing sensitive.

Streetinvestor2:
It is good for them
I will hold u on this post if the management comes up with different information in future concerning it .The next result or agm will confirm it
And if it turns out to be another kpakus lies
I will make u 2ic to that other guy way sabi fabu

KarlTom:
You flash us better meter, come dey say it's nothing sensitive

SonofElElyonRet:
Are you too lazy to Google? Or just too proud to accept you were wrong

crownprince2017:
I'm surprised you are still replying that noise maker.
Somebody that is preaching against Ella but becomes a conductor calling passengers to board oando with plenty gbese.

Ella is a worthy and a more safer risk than oando, I said this long ago and I'm saying it again.

Investing is not about how to buy fake spare parts from ABA and sell as original in Lagos as simple as it's, some people will still make others spend years to learn rubbish..


Stop wasting your time on that guy, he too sabi double mouth, he would later quote you and twist your post to suit his narratives.

megawealth01:
PZ and UNITY BANK on my mind

crownprince2017:
I'm surprised you are still replying that noise maker.
Somebody that is preaching against Ella but becomes a conductor calling passengers to board oando with plenty gbese.

Ella is a worthy and a more safer risk than oando, I said this long ago and I'm saying it again.

Investing is not about how to buy fake spare parts from ABA and sell as original in Lagos as simple as it's, some people will still make others spend years to learn rubbish..


Stop wasting your time on that guy, he too sabi double mouth, he would later quote you and twist your post to suit his narratives.

He said 5 tonnes mill is nothing and mean nothing so my question is why is he so worry about the progress.

That guy, I don give up on him since..

mikeapollo:
You and your Unity Bank loot!