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Re: Treasury Bills In Nigeria by nna777: 8:31pm On Nov 07, 2020
Sorry for diggressing. My research on the African continent as it relates to the current American election.

The Big Picture.

Some people don't put reasoning before emotions. It's only people who have done their research will agree with what you are saying. I am neither Dem nor Republic.

O bam a was strategically placed by the De ep S ta te to use his skin colour to infiltrate and stop the rise of A fri can independence from the We st left by Gad af fi (Read about the prosperous Li b ya St ate under Gad a f fi). Although he led for 4 decade, He through Li b ya's unique premium light crude oil created one of the best African country under his regime.

His plan to re-establish the gold dinar amongst other reforms for African countries triggered the De ep St a te to act fast because if Gad a ff i succeeded, the Dollar reserve in the world was going to deplete drastically as Ch in a and Ru s sia had already reduced it from 90% to 60% and it will challenge the US stand as a Super Power to say the least. Have you ever thought why most African nations are under debt burden from IMF, the West and Europe?

Currently Li b ya is a breeding ground for slave trade, drug and arms trafficking and terrorist groups run by the C I A under O ba ma and Hill ary watch. The plan was to bring in Hill ary to continue the work but Tr ump ( I know he has some character issues) came on the scene and backtracked their plan for 4yrs. That's what why since Tru mp came to power, from the Russian hoax to the Ukrainian issue to the attempted impeachment and on and on all in a bid to ouster him. They needed to get him out by all means.

The last straw was the man made biological weapon (covid 19) carefully scripted I must say because they knew he was going to win again. They needed to bring in a distraction (covid 19) that would activate their plan and it worked.

Watch out for the next four years and see for yourselves what happens ( amongst others, there would be a miraculous breakthrough in the covid vaccine which will make Bi den a Messiah to the world but in the real sense placed there to advance the De ep Sta te agenda.

4 Likes

Re: Treasury Bills In Nigeria by Sapeleboy911(m): 8:43pm On Nov 07, 2020
Why not make a proper research on how to improve your own life and brain? Many are mad few are roaming RUBBISH!!!

2 Likes

Re: Treasury Bills In Nigeria by AngelicBeing: 6:36am On Nov 08, 2020
nna777:
Sorry for diggressing. My research on the African continent as it relates to the current American election.

The Big Picture.

Some people don't put reasoning before emotions. It's only people who have done their research will agree with what you are saying. I am neither Dem nor Republic.

O bam a was strategically placed by the De ep S ta te to use his skin colour to infiltrate and stop the rise of A fri can independence from the We st left by Gad af fi (Read about the prosperous Li b ya St ate under Gad a f fi). Although he led for 4 decade, He through Li b ya's unique premium light crude oil created one of the best African country under his regime.

His plan to re-establish the gold dinar amongst other reforms for African countries triggered the De ep St a te to act fast because if Gad a ff i succeeded, the Dollar reserve in the world was going to deplete drastically as Ch in a and Ru s sia had already reduced it from 90% to 60% and it will challenge the US stand as a Super Power to say the least. Have you ever thought why most African nations are under debt burden from IMF, the West and Europe?

Currently Li b ya is a breeding ground for slave trade, drug and arms trafficking and terrorist groups run by the C I A under O ba ma and Hill ary watch. The plan was to bring in Hill ary to continue the work but Tr ump ( I know he has some character issues) came on the scene and backtracked their plan for 4yrs. That's what why since Tru mp came to power, from the Russian hoax to the Ukrainian issue to the attempted impeachment and on and on all in a bid to ouster him. They needed to get him out by all means.

The last straw was the man made biological weapon (covid 19) carefully scripted I must say because they knew he was going to win again. They needed to bring in a distraction (covid 19) that would activate their plan and it worked.

Watch out for the next four years and see for yourselves what happens ( amongst others, there would be a miraculous breakthrough in the covid vaccine which will make Bi den a Messiah to the world but in the real sense placed there to advance the De ep Sta te agenda.H
Hian, wetin person no go read for Nairaland.com, like seriously sad

Re: Treasury Bills In Nigeria by YoungDaNaval(m): 6:55am On Nov 08, 2020
AngelicBeing:
Hian, wetin person no go read for Nairaland.com, like seriously sad
Where's nwaamaikpe
Re: Treasury Bills In Nigeria by maishai: 7:48am On Nov 08, 2020
nna777:
Sorry for diggressing. My research on the African continent as it relates to the current American election.

The Big Picture.

Some people don't put reasoning before emotions. It's only people who have done their research will agree with what you are saying. I am neither Dem nor Republic.

O bam a was strategically placed by the De ep S ta te to use his skin colour to infiltrate and stop the rise of A fri can independence from the We st left by Gad af fi (Read about the prosperous Li b ya St ate under Gad a f fi). Although he led for 4 decade, He through Li b ya's unique premium light crude oil created one of the best African country under his regime.

His plan to re-establish the gold dinar amongst other reforms for African countries triggered the De ep St a te to act fast because if Gad a ff i succeeded, the Dollar reserve in the world was going to deplete drastically as Ch in a and Ru s sia had already reduced it from 90% to 60% and it will challenge the US stand as a Super Power to say the least. Have you ever thought why most African nations are under debt burden from IMF, the West and Europe?

Currently Li b ya is a breeding ground for slave trade, drug and arms trafficking and terrorist groups run by the C I A under O ba ma and Hill ary watch. The plan was to bring in Hill ary to continue the work but Tr ump ( I know he has some character issues) came on the scene and backtracked their plan for 4yrs. That's what why since Tru mp came to power, from the Russian hoax to the Ukrainian issue to the attempted impeachment and on and on all in a bid to ouster him. They needed to get him out by all means.

The last straw was the man made biological weapon (covid 19) carefully scripted I must say because they knew he was going to win again. They needed to bring in a distraction (covid 19) that would activate their plan and it worked.

Watch out for the next four years and see for yourselves what happens ( amongst others, there would be a miraculous breakthrough in the covid vaccine which will make Bi den a Messiah to the world but in the real sense placed there to advance the De ep Sta te agenda.

You probably read papers and watched videos......



I can bet u got no empirical evidence in your research, u never met with gadaffi or his family members, u never spoke with a cia official


You never spoke with drug lords on drug trafficking and i can say without doubt that you never met with any central banker

....................

The mind is a very beautiful processing organ given to us by the almighty , be care what information you let in

5 Likes

Re: Treasury Bills In Nigeria by Olaide1295: 2:05am On Nov 09, 2020
@everyone,
I have been studying the effects of QE on the US and world economy. How this will eventually affect Nigeria and our foreign debts.
Also stumbled upon explanations on the rise and falls of World reserve currencies (Guilder, Pounds, Dollars).

Founder of Bridgewater and Billionaire, Ray Dalio is writing a book. You can read here

https://www.principles.com/the-changing-world-order/#introApproach

2 Likes

Re: Treasury Bills In Nigeria by premiumhustler(m): 10:16am On Nov 09, 2020
TransAtlanticEx:
grin
Asides Lagos and Abuja to some extent Kano and PH,forget.
Nobody go pay you that fees.

Just In case you are wondering what Covenant University looks like right now, you should watch this video for more information.


https://www.youtube.com/watch?v=lYfLIxwXfMg
Re: Treasury Bills In Nigeria by Nostradamus: 4:27pm On Nov 09, 2020
ahiboilandgas:
Oil companies dont own tanker or trucks...contracting firms do .....example the Nigeria breweries trucks are owned by ekenedili chukwu Total trucks are owned by transporters not total like wise MRS oil plc ,Nipco ,Conoil,Mobil (11 plc)...even leading firms like AA rano also have subcontracting firms with trucks under them ......example for u to get contract to haul for total oil plc u must have a minimum of 10 new trucks and a bank guarantee of 25m
.....while NNPC retail limited is 25 trucks and 50m bank guarantees
how true is the bolded?

I know Nigerian breweries work with haulage partners.i don't know about ekene Dili chukwu.
Re: Treasury Bills In Nigeria by Nostradamus: 4:34pm On Nov 09, 2020
ahiboilandgas:
Oil companies dont own tanker or trucks...contracting firms do .....example the Nigeria breweries trucks are owned by ekenedili chukwu, Total trucks are owned by transporters not total like wise MRS oil plc ,Nipco ,Conoil,Mobil (11 plc)...even leading firms like AA rano also have subcontracting firms with trucks under them ......example for u to get contract to haul for total oil plc u must have a minimum of 10 new trucks and a bank guarantee of 25m
.....while NNPC retail limited is 25 trucks and 50m bank guarantees
imagine having up to ten trucks and a yard as requirements to partner with nigerian breweries as a transporter


I got the shock of my life when I heard this while making enquiries in Nigerian breweries,ibadan. Where do they expect me to get funds??I envy the haulage guys over there sha.

2 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 5:18pm On Nov 09, 2020
Nostradamus:
imagine having up to ten trucks and a yard as requirements to partner with nigerian breweries as a transporter


I got the shock of my life when I heard this while making enquiries in Nigerian breweries,ibadan. Where do they expect me to get funds??I envy the haulage guys over there sha.
have a business plan and cash flow projections, then talk to your bankers or u talk to current contractor and get a sub contract under him for a fee like 5 percent....

2 Likes

Re: Treasury Bills In Nigeria by Desanta(m): 5:37pm On Nov 09, 2020
ahiboilandgas:
have a business plan and cash flow projections, then talk to your bankers or u talk to current contractor and get a sub contract under him for a fee like 5 percent....

Good thinking.

My friends and I bought a 50 bed hospital just by paying 20% while the bank paid the remaining 80% after going through our proposal on how to pay back the loan in 5 years. The loan was paid back in 4 years.

11 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 5:41pm On Nov 09, 2020
Desanta:


Good thinking.

My friends and I bought a 50 bed hospital just by paying 20% while the bank paid the remaining 80% after going through our proposal on how to pay back the loan in 5 years. The loan was paid back in 4 years.
chai .....i luv daring chaps.

4 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 7:32pm On Nov 09, 2020
wow... Hope it is in a big city?
Desanta:


Good thinking.

My friends and I bought a 50 bed hospital just by paying 20% while the bank paid the remaining 80% after going through our proposal on how to pay back the loan in 5 years. The loan was paid back in 4 years.
Re: Treasury Bills In Nigeria by emiron18(m): 8:23pm On Nov 09, 2020
click on the link to watch this mind-blowing video from the stables of MEGA lavz don't forget to subscribe,like,share and comment. thanks

https://www.youtube.com/watch?v=UWVFsgvhDt0
Re: Treasury Bills In Nigeria by Desanta(m): 9:33pm On Nov 09, 2020
ojesymsym:
wow... Hope it is in a big city?

Yes.
A state capital . South south.

1 Like

Re: Treasury Bills In Nigeria by Desanta(m): 9:43pm On Nov 09, 2020
Desanta:


Good thinking.

My friends and I bought a 50 bed hospital just by paying 20% while the bank paid the remaining 80% after going through our proposal on how to pay back the loan in 5 years. The loan was paid back in 4 years.
I

The building served as collateral and the bank held the papers until the loan was cleared.
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:18pm On Nov 09, 2020
Donbrig:
Since when has high school fees become a yardstick for good education? I weep for Nigerians and their mentality, education shouldn't even be a business venture, as long as only the children of the rich can get good and quality education in Nigeria, the children of the poor who couldn't get good and quality education will always make life unbearable for all, either we like it or not.

Interesting take


However
You must know
That in every country

There are high end schools....
So the proposal is not completely off


Though I get ur point
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:38pm On Nov 09, 2020
ultron12345:


God bless you.
All this is exactly what the DSS is supposed to be doing, and not these petty jobs politicians use to bring them down so low. Those protests should have been infiltrated right from the beginning. Undercover DSS agents could have done that job.

If you try to make everyone happy, you won't get anywhere. That is one reason why China has developed so quickly, they do what needs to be done, they no dey look anybody face.

Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity.

Democracy does not work. If you are flying in an airplane, how would you want the pilot to be selected? By experts in the aviation industry or by just any random set of people. Of course you'll pick the former over the latter. Why then do we all just any random set of people select who leads society. How can any random set of people select any random person to manage an economy worth hundreds of millions of dollars? Even a $1M revenue per year company won't be that reckless. It will last last lead to demagogury. Telling the masses what they want to hear.
.
We need to increase the requirements needed to vote in our elections. An illiterate cannot decide for society.

If a doctor and a bar owner are competing elections for example. The bar owner will say "don't vote for the doctor. He gives bitter liquids to drink, painful injections, causes you suffering, tells you not to eat and drink whatever you want to eat and drink. Vote for me and we will have massive feasts everyday". How do you expect the doctor to reply to this "I did all those things in order to help you". Imagine the outrage such response would cause, even though he's actually right. They'll eventually Elect. the bar owner, and then all get sick and die. But if only sensible people were allowed to vote, they'll have seen through the sugar coated promises of the bar owner and gone for the doctor.

Majority of the time, the masses so not know what is good for them. So therefore, those who know what is good must do it by force.

That is how some foolish Nigerians were celebrating Buharis promise to make N1=$1. Sensible people would have known it wasn't sustainably possible, and even if it was, it won't actually be a good thing. But no, the masses were clapping and cheering. Anyone who tries to talk about the viability of such promise would be called enemy of progress.

Did you say democracy does not work?

My goodness shocked shocked

Just wow....

And just so you know
China is NOT a developed country
But that is another talk


Some of the comments I read here are just amazing
Re: Treasury Bills In Nigeria by ultron12345: 8:14am On Nov 10, 2020
DexterousOne:

Did you say democracy does not work?
My goodness shocked shocked
Just wow....
And just so you know China is NOT a developed country But that is another talk

Some of the comments I read here are just amazing
China may not be a developed country yet, but it is a rapidly developing one.

3 Likes

Re: Treasury Bills In Nigeria by Cyberknight: 8:37am On Nov 10, 2020
ultron12345:


China may not be a developed country yet, but it is a rapidly developing one.

I fully agree that the best form of government is an enlightened benevolent dictatorship, Singapore-style.
But the odds of that successfully happening in most countries are very low. Chavez in Venezuela had the right mindset, but was economically illiterate, Castro in Cuba had the power and the will to get things done, but only achieved success in the social sphere and none in the economic, and so on.

In the absence of a tried and proven template for selecting enlightened benevolent dictators, we default to democracy.

And for clarity, what we have in Nigeria is not democracy, we don't elect our "leaders".

6 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 8:44am On Nov 10, 2020
ultron12345:


China may not be a developed country yet, but it is a rapidly developing one.

They have been able to achieve a whole lot over the last 30 years

But the draconian measures they took, and the damage those draconian measure have brought sometimes make me think it wasnt worth it


The CCP model is supposed to be a transitional thing
Not something of permanence


If Nigeria in lieu of military rule used the CCP model
(Those 30 wasted years of IBB,Abacha and Buhari and co)
And then Turned to real democracy in 1999 like we did

Nigeria would have been better off for it
Re: Treasury Bills In Nigeria by NL1960: 8:57am On Nov 10, 2020
Cyberknight:


I fully agree that the best form of government is an enlightened benevolent dictatorship, Singapore-style.
But the odds of that successfully happening in most countries are very low. Chavez in Venezuela had the right mindset, but was economically illiterate, Castro in Cuba had the power and the will to get things done, but only achieved success in the social sphere and none in the economic, and so on.

In the absence of a tried and proven template for selecting enlightened benevolent dictators, we default to democracy.

And for clarity, what we have in Nigeria is not democracy, we don't elect our "leaders".

Does that mean what we have is 'Selectocracy'?. grin

1 Like

Re: Treasury Bills In Nigeria by igbizen(m): 10:25am On Nov 10, 2020
NL1960:


Does that mean what we have is 'Selectocracy'?. grin
grin grin cheesy

1 Like

Re: Treasury Bills In Nigeria by Nobody: 10:38am On Nov 10, 2020
ahiboilandgas:
have a business plan and cash flow projections, then talk to your bankers or u talk to current contractor and get a sub contract under him for a fee like 5 percent....
Do you know how many business plans and cash flow projections are dumped daily in the trash bins of bankers? You cannot get a loan from any bank in Nigeria for this type of business without a long term supply/transportation services agreement to supply products (or serious connections in that bank). It is that agreement (and connections) that separate the small boys from the big boys. God help you in getting the transportation services agreement without meeting the requirements which include owning at least 10 new state of the art trucks and other infrastructure requirements, huge bank guarantees to back the products transported in addition to some hard to obtain documents to show how established your business is. Not for small boys!

This is not even factoring in your own equity contribution (at least 20 to 30 percent of total costs) which the banks will require. Some will even ask you for additional collateral and personal guarantees from someone/company with billions. The trucks will be sold at liquidation value if they can not make money to service the loans. Who will now pay the difference? In this economy, you think the banks will gladly take that risk?

Please stop misleading people. It is not that easy to get a loan from a Nigerian bank. If it was, you would have quit your job to go into haulage business full time.

5 Likes

Re: Treasury Bills In Nigeria by Nobody: 10:52am On Nov 10, 2020
Desanta:
I

The building served as collateral and the bank held the papers until the loan was cleared.
Guessing this was in a prime location as Valuation of the property would have been the key factor. Good job and hope the hospital is still doing well in the current economy.
Re: Treasury Bills In Nigeria by Nobody: 10:59am On Nov 10, 2020
ultron12345:


Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity.
Privatization of NITEL isn’t the reason we are not complaining of telecoms today. We are not complaining because licenses were offered to Econet and MTN who came in and changed the game along with Glo. Nothing to do with the privatization of NITEL which in itself was a failure and was only privatized long after the licenses were issued.
Re: Treasury Bills In Nigeria by Desanta(m): 12:24pm On Nov 10, 2020
Lazyyouth4u:

Guessing this was in a prime location as Valuation of the property would have been the key factor. Good job and hope the hospital is still doing well in the current economy.


The property was worth over a 100 million Naira and we got it at a discount because the original owner is late and his children who lived abroad where not ready to come settle in Nigeria.

The hospital is doing very well with rebranding and employment of young consultants as partners with shares iin the hospital.

4 Likes

Re: Treasury Bills In Nigeria by donguutti: 1:04pm On Nov 10, 2020
Cyberknight:


I fully agree that the best form of government is an enlightened benevolent dictatorship, Singapore-style.
But the odds of that successfully happening in most countries are very low. Chavez in Venezuela had the right mindset, but was economically illiterate, Castro in Cuba had the power and the will to get things done, but only achieved success in the social sphere and none in the economic, and so on.

Quite agree, on China, Singapore, and other Asian tigers, the evidence points to higher levels of intelligence and organization which have not been replicated in Africa. We are lower iq scores and expecting same results here is wishful.

So we have a system in which we play the Russian roulette leadership selection (democracy), sometimes we get a bullet (buhari) other times we get lucky

4 Likes

Re: Treasury Bills In Nigeria by Cyberknight: 1:51pm On Nov 10, 2020
Lazyyouth4u:

Do you know how many business plans and cash flow projections are dumped daily in the trash bins of bankers? You cannot get a loan from any bank in Nigeria for this type of business without a long term supply/transportation services agreement to supply products (or serious connections in that bank). It is that agreement that separates the small boys from the big boys. God help you in getting the transportation services agreement without meeting the requirements which include owning your trucks and other infrastructure.

Please it is not that easy to get a loan from a bank. If it was, you would have quit your job to go into haulage business full time.

I have to agree with you here.
Nigerian banks are probably the most risk-averse entities on the planet and considering their operating environment one can't really blame them.
Everyone is now going full holding company-mode and expanding to other African countries while Emefiele continues to fool around with CRR debits in the vain hope of driving the "real" economy.

1 Like

Re: Treasury Bills In Nigeria by Cyberknight: 1:53pm On Nov 10, 2020
donguutti:


Quite agree, on China, Singapore, and other Asian tigers, the evidence points to higher levels of intelligence and organization which have not been replicated in Africa. We are lower iq scores and expecting same results here is wishful.

So we have a system in which we play the Russian roulette leadership selection (democracy), sometimes we get a bullet (buhari) other times we get lucky

No be bullet Nigeria get in 2015, na full-size maximum destruction plutonium-charged nuclear weapon.

6 Likes

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:55pm On Nov 10, 2020
Cyberknight:


No be bullet Nigeria get in 2015, na full-size maximum destruction plutonium-charged nuclear weapon.
Buhari is Nigeria's best president,just that a lot of you are too blind,myopic,short-term oriented,entitled to see it.
Think longterm,think Buhari.
I don't hold any political office nor interest,neither am I fulani.
Just a business oriented person,so I am far from bias.

2 Likes

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