₦airaland Forum

mank1234:
Very wise and analytical.

Unfortunately, most Nigerians think the country is rich when in actual sense it is not. The worst are the politicians.

If Nigeria is not rich, the extent at which politicians are looting the treasury would have make it crash economically. Or maybe, it's the share of the poor and civil servants that they are lavishing.

We Nigerians are like cats calling lions wicked animals.
We all prey on each other.
Or according to Naira Marley
" Olee ni everybody"
Also we be bunch of hypocrites, those who bypass their electricity meters are the ones who swears for NEPA pass.
My point is simple. we can rightly blame the government for all our problems, we masses need to change our ways as well.

Who b government self?
If Obi becomes president n Street investor vice President, Naija go better habi?
I laugh in Swahili.

GeneralDae:
I overlook many half truths though not just here but all over social media but sometimes I just write. Not to win the argument with the person but to give a guide to the readers who want to do their own research or learn more.
We make thesame mistakes all the time. We complain about every Government without actually following all what they are doing so we can criticise appropriately or form better opinions on what we want.
The election comes and the intellectuals are not asking the right questions when discussing the details but would rather stay at the surface like the common man.
In the last election, I followed the policies of all four popular candidates plus even Sowore whom I knew would not win. I read lengthy summaries of all 3 major manifestos.
I may not agree with everything this Govt is doing but I don’t just follow only criticisms online but also what the Government is doing and saying. I then bring everything together in the end. That way if I want to oppose, the Government would take me very seriously because I know all their arguments.

If this were a more robust democracy would understand your line of action about reading manifestos ..but almost all democratic government has backtracked or worse done the opposite of the popular manifestos they promised the populace ...and as for caring about what we want ?? I guess it's not a Nigerian politician your talking about there .? Might is gradually becoming right in this country , expensive elections are just a sham to hide the real state of the polity. I dare say ..I don't even think the major opposition leaders are opposing with any form of strong conviction.

pluto09:
That was how we ended with the calamitous Buhari.
The erroneous belief that corruption is our biggest problem and that Buhari would be able to tackle it. Once he did, that 99% of our problems would be solved so we were told. That was how they packaged a dullard to be voted a president. We are at it again.

You can commit murder in Nigeria so long as you are fighting corruption

ollypass:
If this were a more robust democracy would understand your line of action about reading manifestos ..but almost all democratic government has backtracked or worse done the opposite of the popular manifestos they promised the populace ...and as for caring about what we want ?? I guess it's not a Nigerian politician your talking about there .? Might is gradually becoming right in this country , expensive elections are just a sham to hide the real state of the polity. I dare say ..I don't even think the major opposition leaders are opposing with any form of strong conviction.

To be fair, this Government have been following their manifesto. Implementation might be a problem in some areas but most of what they are doing were written in the renewed hope manifesto which was reviewed and discussed several times in several APC Twitter spaces and even a popular Obidient’s analyst twitter space during the 2023 campaign.

Fuel subsidy removal
FX liberalisation
NELFUND
Affordable vocational education
CrediCorp
Tax reforms
Super highways
Forest guards
New gas policies

were all in Tinubu’s manifesto. The problem
Is that in 2022 we were hardly focussed on policies for the most part.

GeneralDae:
To be fair, this Government have been following their manifesto. Implementation might be a problem in some areas but most of what they are doing were written in the renewed hope manifesto which was reviewed and discussed several times in several APC Twitter spaces and even a popular Obidient’s analyst twitter space during the 2023 campaign.

Fuel subsidy removal
FX liberalisation
NELFUND
Affordable vocational education
CrediCorp
Tax reforms
Super highways
Forest guards
New gas policies

where all in Tinubu’s manifesto. The problem
Is that in 2022 we were hardly focussed on policies for the most part.

Between the previous administration and the current which is better

3exe3:
Between the previous administration and the current which is better

Which one is better to you? Lol 😂

Everybody should be left to answer that question for themselves else it may lead to another debate.

I won’t say who is better except we are ready to have that debate but I would say this Government is more policy driven.

According to ADC ,peter obi and kwankwaso can not leave the party!

naturalflow:
That is why for this registrars business,just leave it for meristem.once they have your footprint,you are done for life.any stock you bought na so you go dey get you dividend.coronation handles both aradel and wapco,they paid dividend for aradel,can't dey extend the mandate to cover wapco?

CardinalStone handles WAPCO

GeneralDae:
To be fair, this Government have been following their manifesto. Implementation might be a problem in some areas but most of what they are doing were written in the renewed hope manifesto which was reviewed and discussed several times in several APC Twitter spaces and even a popular Obidient’s analyst twitter space during the 2023 campaign.

Fuel subsidy removal
FX liberalisation
NELFUND
Affordable vocational education
CrediCorp
Tax reforms
Super highways
Forest guards
New gas policies

were all in Tinubu’s manifesto. The problem
Is that in 2022 we were hardly focussed on policies for the most part.

You do know more than half of those policies were contentious and still is up till now ? were policies made for enriching Lebanese business people and pandora or for the people
e.g.
1) Was the best utilisation of trillions at the time a costal high way ?
2) even Oloyede when asked in several platforms declined the question ..how can we be sure all these tax of the common man is paying will be uses judiciously.
3) why is our debt the highest ever when the removal of subsidy abruptly was suppose to give us savings ? or was it just to increase money of the governors to spend by 3x
4) how many students around us is benefitting from the so called scholarship?
5) they build vocational schools tomorrow to serve as a paparazzi event for project commissioning during campaign seasons and when you visit 6 months later ...all equipments gone .
6) the one that scatter my dada most is e.g. Kano state ..embark in mass housing projects that says abandoned for years cause the masses can't come close to even the one bedroom lease amount.
Yes we may not have focused on his manifesto as much as we focused on the court cases and judiciary that aides him into power ..may be cause in a country that actually respects law and order he won't be there in the first place.
Don't know why you defending a president who once claimed if he can't solve power he should be removed and goes ahead to install solar panels ...hard to find a better policy statement that translates to your all f**ked than that.
They loot our common resources blue black and when you hustle for your self from a government that offers you next to nothing ..they still come to tax your sweat and still offer you...yes, nothing as usual.

NSEstudent:
CardinalStone handles WAPCO

oh I see,I think I have one mandate with cardinal stone.why can't it just be single e-div mandate for all registrars?

[quote author=ollypass post=139292039]Believe me I truly wish we had someone better than Tinubu but let me address some of your points not to say you are wrong but to just state my opinion on several of the issues you raised.

1) Was the best utilisation of trillions at the time a costal high way ?
2) even Oloyede when asked in several platforms declined the question ..how can we be sure all these tax of the common man is paying will be uses judiciously.

The coastal highway certainly have controversies as with almost everything Tinubu but the coastal highway is not a useless project. In the 1980’s Shagari started the 3rd mainland bridge and during the time of Babangida there were many complaints by intellectuals on why the project should not be a priority in the time of SAP and harsh economic conditions. Today it is a key infrastructure in Lagos. The coastal road aims to connect the port city of Lagos to Calabar (connnecting the entire south), what exactly is the problem with that?

3) why is our debt the highest ever when the removal of subsidy abruptly was suppose to give us savings ? or was it just to increase money of the governors to spend by 3x

Our debt is always the highest ever in every new administration except when Obasanjo got debt forgiveness in 2004. If you are saying we have borrowed the highest ever under this Government, then I’ll say that is not factual but you can prove otherwise.

4) how many students around us is benefitting from the so called scholarship?

You would find that on the NELFUND website. I actually know of people benefiting in Uniben. Those that take advantage of it are benefiting especially in the North where they are quick to take advantage of every Government policy.

[quote author=GeneralDae post=139292322][/quote]:

Fuel subsidy that we all benefitted from was still better maintained than any of this selective , questionably disbursed hand outs.That was the only thing I was a person benefitted from coming from an oil producing country.

Bizibi:
brand new car from Peugeot factory, every festive season was celebrated,damn that wonderful rice and chicken stew.......Nigeria nor sweet again.

That is the kind of naija we are asking for again which is possible

I went through some of the pages i was wondering if i am in politics thread or investment.... With the series of Q1 results published we should have our hands full on companies with stellar quarter 1 results but We are busy with politics. Lets examine our objective abeg....

Stockhunter:
I went through some of the pages i was wondering if i am in politics thread or investment.... With the series of Q1 results published we should have our hands full on companies with stellar quarter 1 results but We are busy with politics. Lets examine our objective abeg....

Maybe no company has released any stellar results yet

Payunsin:
We Nigerians are like cats calling lions wicked animals.
We all prey on each other.
Or according to Naira Marley
" Olee ni everybody"
Also we be bunch of hypocrites, those who bypass their electricity meters are the ones who swears for NEPA pass.
My point is simple. we can rightly blame the government for all our problems, we masses need to change our ways as well.

Who b government self?
If Obi becomes president n Street investor vice President, Naija go better habi?
I laugh in Swahili.

My up bringing and fmy value are definitely different from yours. I hate all form of criminality. That could sound strange to some people because it has been thr way of life

TARGET TECHNICAL MARKET COMMENT FOR 4 MAY 2026 !!

**All Share Index is expected to close between +1.40% and +1.80 % on Monday 4 May 2026. **

LIKELY MARKET DIRECTION FOR MONDAY: 
Expected opening direction is HIGHER, based on momentum from the April 30 close. Intraday bias is BULLISH with selective consolidation likely in banking names that have not yet recovered from the 27 April profit-taking event.

I am amazed how using modelling has improved our win rate. We look to tommorrow's market with some degree of optimism.

On oil price, the Chiefs have spoken, oil likely to stabilise around $80 to $90 on IRAN/US peace deal (if IRAN will ever soft pedal on Nuclear issue/tolling the strait of Hormuz, for any peace deal to end the HORMUZ matter). So for Nigeria stock market/economy (it is now left for the Government to make use good use of the oil windfall or continue to waste it while borrowing more money all around), the stock market will definitely perform.

yok:
TARGET TECHNICAL MARKET COMMENT FOR 4 MAY 2026 !!

**All Share Index is expected to close between +1.40% and +1.80 % on Monday 4 May 2026. **

LIKELY MARKET DIRECTION FOR MONDAY: 
Expected opening direction is HIGHER, based on momentum from the April 30 close. Intraday bias is BULLISH with selective consolidation likely in banking names that have not yet recovered from the 27 April profit-taking event.

I am amazed how using modelling has improved our win rate. We look to tommorrow's market with some degree of optimised.

On oil price, the Chiefs have spoken, oil likely to stabilise around $80 to $90 on IRN/UD peace deal (if IRAN will ever soft pedal on Nuclear issue/tolling the strait of Hormuz. So for Nigeria stock market/economy (it is now left for the Government to make use good use of the oil windfall or continue to waste it while borrowing more money all around).

How can one cash out from this increase

Agbalowomeri:
Maybe no company has released any stellar results yet

He can be doing that and be posting for others to read.It is not rocket science to do the analysis for others to read.
Abi he is waiting for hand out from others only.Is he sharing the money from his stock hunt with me..lol

No waste your time jare na jagaban boi him be so...

3exe3:
Between the previous administration and the current which is better

You’re replicating the same scenario as in 2023 and later you will be crying that they stole your ‘manhood’.

GeeKudi:
You’re replicating the same scenario as in 2023 and later you will be crying that they stole your ‘manhood’.

I am no supporter of Obi but NDC with Kwankwanso and Binani looks way saner to me than that ADC with Atiku, Malami, Tambuwal, Dino et al. So I think he made the right decision this time.

megawealth01:
No waste your time jare na jagaban boi him be so...

🤣🤣

naturalflow:
In ameabo news, tony divorce wife after dna shows seven kids are not his!how will this affect uba price going forward

https://punchng.com/three-arrested-for-spreading-false-divorce-news-about-tony-elumelu/
You follow? Lol

GeneralDae:
I am no supporter of Obi but NDC with Kwankwanso and Binani looks way saner to me than that ADC with Atiku, Malami, Tambuwal et al. So I think he made the right decision this time.

Thr is still wahala with adc as per court cases.The failed government knows what they are doing. We are not decieved with inec putting back adc on thr portal. The last check mate could happen when it will be late for adc with obi after inec deadline has elapsed. So it is wisdom to play safe.Suprem court pronouncement was not simple and straight. And why is the attorney of the federal government approaching the court for adc to be de registered on constitutional violations. Haba is the hand writings not clear enough for all to see.So with all the court wahala with the federal government..na to de register adc be attorney General of the federal government get time now.We know watin wike judiciary can do oh

ppogba:
Very well said General.

However, it is always good to realize that many calling for a regime change cannot even articulate reasons enough to justify their position. Shamefully too, many jostling for positions are not even versed enough about the economic strides the government they want to succeed have taken thus far and hence cannot even justify their own voodoo imaginary economic postulations.
I am yet to see or hear a clear cut economic agenda of any of them.

Did you see clear cut economic agenda of the present govt? What were their focal points before they came to power and how much of that has been achieved. Over a decade ago we had the opportunity to remove subsidy when FX was still relatively stable it was this same govt that opposed it. These ones did not just remove subsidy they also devalued all in one blow without making any provisions to cushion the effect.

Year on year budget performance has been very low to the extent that there is now 3 year budget items running concurrently. What is the essence of removing subsidy, devaluing the naira yet we keep borrowing with noting to show for it apart from going to UK to spend so much from the little we have. Then they came back with an agreement that enriches UK manufacturing company but further increases our debt.

It's just sad that the so called opposition is no longer in existence because they are all fighting for their personal interest and not willing to let go their ego for the greater good.

BabsO2:
Look at how ETI and ACCESS stated their Q1. UBA needs no correction as they are not entangled with any Tier 1 USD equity instrument. I have not looked at WEMA, but the last I recall they have no dollar equity instrument patch.



ETI Q1
Profit after tax 197,528
Attributable to:
Ordinary shareholders 128,336
Other equity instrument holder 5,066
Non-controlling interests 64,125

ACCESS Q1
Profit attributable to:
Equity holders of the parent entity 200,526
Non-controlling interest 38f 16,011
Profit for the period 216,537

Access lumped up what ordinary shareholders are entitled to with what Tier 1 equity instrument holders are entitled to together and labeled it as Equity holders of parent entity. This will cause erroneous overstatement of EPS of shareholders. The Tier 1 equity bond ($500m) holders are intitled to an interest payment of 9.125% per annum. A more accurate EPS estimate should deduct 500*1450*0.09125/4 = NGN 16,539m from the Q1 profit before computing a more accurate earnings per of (200526-16539)/53317.838433 = NGN 3.45 For your PE of 5 common sense estimate Access Valuation becomes. 3.45*4*5=69. Because of too much uncertainty on the health of their acquisitions don't think they deserve the same PE as UBA.

So corrected EPS for Shareholders for ACCESS Q1 = N3.45
Your PE of 5 estimate for Access should value it at N69
But Access deserves a fair of PE of 4 if other banks are 5 that is common Sence value of 55.2 ;

Is this speculation or facts? If it's facts, then it's a material misrepresentation that no auditor should sign. Bond, carrying a coupon rate is bond, regardless of which tier. It's interests should be charged against earnings. That it is tier 1 only partain to ranking in event of liquidation. It does not make it equity and it ranks higher than equity.

nosa2:
Does the "common man" feel he has any responsibility in life? It's the government's job to put in place policies and infrastructure to help the economy grow. It's the "common man's" job to take advantage of those policies and become prosperous.

This idea that [b]government owes you a comfortable life [/b]has held Nigeria back for decades and it needs to change.

The highlighted is what gives comfortable life. You are a tax payer, the resources of the country is owned by you and I, those resources should serve you and I.

There are people who understands the system and use it to be prosperous but there are also people who don't have that privilege but that does not mean they should not have access to basic things that make them comfortable such as good education, security, water and transportation. How much of that is available to the population without strings attached.

nosa2:
We want to pay Low taxes and yet compare ourselves to countries with some of the highest taxes in the world.

With regards to the "they should die" comment, nothing is guaranteed in this world oh, even life.

Libya pay the lowest taxes during the time of Gaddafi yet education was free, free housing, plus lots of other freebies. I use Libya intentionally because they are oil producing country like us. UAE is another, the taxes is low and see their growth.

We seem to excuse govt inefficiency with low taxes as if that is the problem. What has the resources in their hands been used for, even the so called low taxes they've collected, how have they used it for the benefit of the populace. How then do you have the moral to tax more when the one entrusted to you have been used so badly!

What was he doing in the ADC in the first place? How could he not know from the outset that going there was a trap for him? You keep claiming APC and govt are frustrating your political moves. Did they blindfold him from knowing he was walking into a trap?
The NDC he has gone to now, does Seriake Dickson have two heads to have been able to form and nurture a party where he has a say? After losing in 2027, what would be his next move? Hijack the control of the NDC from Dickson to be able to build for the future or he will be looking for another platform? LP was handed to him on a platter, he ran away.

GeneralDae:
I am no supporter of Obi but NDC with Kwankwanso and Binani looks way saner to me than that ADC with Atiku, Malami, Tambuwal, Dino et al. So I think he made the right decision this time.

Is it the party that people following obi are interested or the person of obi.How old can some people be self.What is our business with the party obi uses to become president
Our interest is obi becoming president for a better Nigeria.If obi moves to apc tomorrow u will celebrate it..rubbish

My eyes on oando and Dan sugar from tomorrow till this failed government is kicked out