₦airaland Forum

ojesymsym:
It this is true, I will be more than happy. Oga emma, I never see this news anywhere o.

emmanuelewumi:
This is breaking news. FG to sell its shares in the 4 refineries.


Definitely the group of investors that will buy essh of the refineries, will invest more than N1 billion.

If they get it right they should make huge profit from the investment.

emmanuelewumi:
Will be sold at scrap value, the technology is outdated.

51% share was sold for $1billion by Obasanjo in 2007, before NLC led by Oshiomhole asked Late Yar Adua to reverse the sale which he did.

In the 2019 annual report of one of the refineries, a total of over N20 billion was paid as salaries in a company that did not generate revenue and did not make profit

ojesymsym:
Even if it 200 thousand naira they want to sell it, they should sell it.
That 2007 reversal was disastrous, one of the things I wish never happened.
If you have a link to the news, I go like read am abeg.

ojesymsym:
Even if it 200 thousand naira they want to sell it, they should sell it.
That 2007 reversal was disastrous, one of the things I wish never happened.
If you have a link to the news, I go like read am abeg.

ojesymsym:
Even if it 200 thousand naira they want to sell it, they should sell it.
That 2007 reversal was disastrous, one of the things I wish never happened.
If you have a link to the news, I go like read am abeg.

NL1960:
I will even support the FG to sell each for N1. The sale reversal of 2007 was a great disservice to this country.

emmanuelewumi:
It is on Nairametrics.

Do you follow Nairametrics on Twitter?

NL1960:
https://nairametrics.com/2020/09/10/fg-to-give-up-majority-stakes-in-its-4-refineries-to-be-privately-managed/

emmanuelewumi:
Current rates for money market funds


FBN Quest Asset Management 4.5%

FSDH Asset Management 4%

United Capital Asset Management 4.57%

XiaoLi:
My RM at first bank private banking said rate was 3% as of yesterday, does it mean the rate increased today or are they playing some games?

Kendumazy:
Dollar rate going up again. 455 right now.

Stocktrader:
Here in Norway,there was a time my funds was all tied down, I could easily get loan from banks but I decided crowdfunding to get the money, €150,000 , funny enough do you know what the money is for?
To export Stock Fish. I got this funds within 48 hours and made profits of 110k in it, I took 40% and other contributors shared the rest. This is a country that works.

emmanuelewumi:
Current rates for money market funds


FBN Quest Asset Management 4.5%

FSDH Asset Management 4%

United Capital Asset Management 4.57%

emmanuelewumi:
Do you have money market fund Investment with FBN Quest Asset Management?


You can get the right answer from your account officer at FBN Quest Asset Management


I guess what you got from your RM is for a product from First Bank

emmanuelewumi:
Current rates for money market funds


FBN Quest Asset Management 4.5%

FSDH Asset Management 4%

United Capital Asset Management 4.57%

craleonic:
Believe anything this person says at your own peril. There are many like him on Nairaland and this thread is a hot target for them... they throw around audio figures and achievements, packaged with a lot of faux knowledge, hoping to attract gullible investors to part with their funds.

I know many might have already seen through his antics, but for those who haven't, look through the attached screenshots.

Akin3891:
Fbn quest is doing well but stanbic is not encouraging, as at yesterday rate was 3.8. They've not been performing well since the fall of Tbs.

emmanuelewumi:
Did he get money from you? Did he dupe you?

Did he make a promise and failed to fulfill it?


If he has not done these, it will be very wrong to call anyone a scammer.






Anyway guys here are smart, informed, knowledgeable and conservative, it will be very difficult if not impossible to fall for any pranks antics or get rich quick Investment schemes.

For now he has not solicited for funds or marketed any investments so there is no cause for alarm.

craleonic:
There is cause for alarm.

Just because you and some others are knowledgeable and informed does not mean everyone who visits this thread, seeking investment opportunities, is. Would do my part to alert such people when I have evidence that something is fishy.

Did you look at the screenshots before asserting he didn't solicit funds from anyone?

emmanuelewumi:
That can't called soliciting for fund, wanted to render service for people interested in traveling out of Nigeria and for students who wanted scholarship.

His professional fees is between $20,000 to $30,000. If one is not interested because of the cost one can try other people who offer such services.


Nigerians should learn to do due diligence, we should not be desperate, cautious optimism is important, risk management can't be relegated to the background. We should also be very careful of smooth talkers or writers

emmanuelewumi:
That can't called soliciting for fund, wanted to render service for people interested in traveling out of Nigeria and for students who wanted scholarship.

His professional fees is between $20,000 to $30,000. If one is not interested because of the cost one can try other people who offer such services.


Nigerians should learn to do due diligence, we should not be desperate, cautious optimism is important, risk management can't be relegated to the background. We should also be very careful of smooth talkers or writers

emmanuelewumi:
That can't called soliciting for fund, wanted to render service for people interested in traveling out of Nigeria and for students who wanted scholarship.

His professional fees is between $20,000 to $30,000. If one is not interested because of the cost one can try other people who offer such services.


Nigerians should learn to do due diligence, we should not be desperate, cautious optimism is important, risk management can't be relegated to the background. We should also be very careful of smooth talkers or writers

Nigsrdumb:
In the 21st century, if you still need a middle man to arrange a scholarship , then you don't deserve to get the scholarship.

All the information is online for free.

30k lolz

Cyberknight:
How much then is the value of the scholarship?
If these are "fees", then I am the president of Nigeria.

emmanuelewumi:
Someone said lazy youths, I don't know if that is right or wrong

emmanuelewumi:
In any transaction, you have the opportunity to accept or decline.

Nigsrdumb:
Red flags, the guy who exposed him is correct.