₦airaland Forum

You are a vile, sad human being. When this man was using his personal money during covid feeding people across Nigeria, donating almost 70 ambulances and all, you didn’t say that.

May the Almighty Allah cure you of your bitterness.

vastone:
all these occultic personalities, man know man appointment....mschwww! anyways Congrats to him, and the Egbo sipping Macron, of France.

Who wants France or the French?

Since you don’t have work and are going to see who is supporting who, continue.
Olodo

Edyice:
Michaeladex, president2001, alexis11 ,eniitankorede , banter1 ,anonimi, ordinarynigeria , saintrow1 , jostoman , paradizepriest ,adetayo1978, kayperry , prez


Others are

Pakute, omokab , alawode01 , jones4190 , royalty83 , colestephan86 , the5dme, naija4life247 , makowonda , ridbell01, jmichael1 , lorddviccodaguru ...





Army list is almost complete , some will guard his toll-gate , as he built many other toll-gate around the country to enrich himself and his generation..


Oooh before I forget, what you will eat ( agbado, cassava, coconut )

I only got vexed , when I see people trying to change this lads ( name above ) mind


Chop up boiz ....

But Peter obi was impeached. Twice. Lol

cktheluckyman:
Going by these Logic we can also say Peter Obi too has never lost any eelction so kini big deal about him

Prof!!!

That’s why America’s last two presidents have been over 70, right? Retirement guru

aariwa:
1st election was senate that lasted few months and then 1999 elections many people thought would not work out under Abdulsalam because Nigerians distrusted military back then.His first real election was in 2003 .Funsho Williams was called as the winner in the morning and in the evening we heard a different result that tinubu won.The biggest thing I remember him for was before he became governor Lagos was known as the headquarters of all armed robbers in Africa. Oyinlola and marwa as military administrators tried with operation sweep, killed many but the crime continued then tinubu came and instead of killing them he turned them to agbero to generate taxes for him.Revenue increase drastically and crime reduced drastically but tinubu did all those when he was much younger..more than 20 years ago.Men reach their peak in life at 70 years after which sharp declines starts in physical and cognitive abilities. That’s the reason oyibo advice you to retire when you get to 65 years

no need to bring ethnicity here. BAT will be a president for all Nigerians

freshpzy1:
President Asiwaju Jagaban


This us your time


God bless BAT

God bless Lagos State

God bless Nigeria


Some biafrians will come & cry here now

Dr bust or is it dr Canada... why are you always talking negative about this man let him be and let us all stay on issues.

CanadaOrBust:
Man is in the hospital in France. Let him get well first

This is actually very true. It will be difficult or highly impossible for anyone to bet against him as the article suggests

How much?

I will be surprised if the admins don't pull this down like they did the previous ones.

AIR PEACE, NCAA DEBUNK FIRE RUMOURS
…as CEO, Allen Onyema, reiterates commitment to safety and service excellence
In view of the false fire alarm at the Port Harcourt airport on Saturday, March 12, 2016, the Nigerian Civil Aviation authority and the management of Nigeria’s newest and fastest rising local airline, Air Peace have officially debunked rumors surrounding the incident.
Speaking on the false fire alarm incident, Allen Onyema, Chairman/CEO of Air Peace Ltd, said that despite the false fire alarm that was raised upon landing at the Port Harcourt airport, the plane’s crew acted professionally and executed its emergency evacuation procedure excellently and without incident only to discover that a false fire alarm had been raised. According to Onyema, “We remain committed as a matter of first priority, to the safety of our passengers, crew and equipment. To further prove the airworthiness of our fleet, the same aircraft was cleared to fly to Lagos on the same day after thorough checks had been conducted by the relevant aviation agencies and the alarm found to be false. The question here is that, if it was that of a faulty machine, would that have happened? What our pilot did was precautionary even though it turned out to be a false fire alarm.”
Speaking anonymously to members of the press, a senior staff of the Nigerian Civil Aviation Agency (NCAA) at the Port Harcourt Airport commended the pilot and crew of the aircraft for their quick response and evacuation of passengers when the false fire alarm was raised. He further added that upon closer inspection by regulators, airline inspectors and the fire service, there was no sign of fire neither was anything found to be wrong with the aircraft. “The same aircraft was declared airworthy and made a trip to Lagos same day. The crew must be commended for their professionalism and response in following laid down procedures for such situations.”
Further explaining what transpired, Onyema said, "As the Captain was taxing to go and park at the apron after landing, the tower informed him that there was smoke from the under belly of the aircraft thereby making the pilot to deploy the slides and all six doors for the passengers to be evacuated.
"The fire fighters who were called by the tower did not see any smoke nor fire, likewise passengers. The engineers, the NCAA and other agencies witnessed that there was no smoke nor fire. It was a false fire alarm that led to the entire situation, but Air Peace crew responded professionally in accordance with the books."
While harping on the need for caution on media reports, the Airline chief commented that It served no one any good to engage in sensational journalism without cross-checking facts. “We have proved to the world today that we are very capable of handling very efficiently emergency situations if they ever occur even though this one turned out to be a false alarm. We remain committed to our goal of being Nigeria’s Number 1 travel friendly airline with best-in-class equipment and well trained employees,” Onyema added.
Meanwhile, a service professional, Ms. Kehinde Ade, has asked the FG to speed up the passing of necessary anti-competition and anti-trust laws. In her comments, the absence of these laws has been utilized by certain key players in various industries to bully high-flying upstarts through underhand de-marketing tactics. In her words, the failure of the government to provide an equitable and fair playing field for investors is bad for the economy and discourages new businesses.
Established in 2013, Air Peace has gradually cemented its position as Nigeria’s fastest rising and most travel friendly airline. The airline currently operates a range of modern aircraft with numerous flights to 7 cities across Nigeria.

www.flyairpeace.com
http://www.360nobs.com/2016/03/air-peace-releases-statement-false-fire-alarm-port-harcourt/

The federal government yesterday said those engaged in foreign exchange manipulation which led to the sudden depreciation of naira are committing economic terrorism against the land.
Addressing newsmen in Abuja, the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN) said that the FG has ordered the Economic and Financial Crimes Commission to conduct a full scale investigation in a bid to bring all defaulters to book.
He said that other measures are already in place to deal with infractions decisively, adding that relevant security agencies are on red alert to investigate these infractions and appropriate sanctions shall follow accordingly.
Since the suspension of the weekly auction by the Central Bank of Nigeria (CBN) to the Bureau de Change operators in January, the value of naira depreciated by about 40 per cent in the parallel market.
Since then, the situation translated to serious inflation where the prices of goods and services in the country went up sharply. Malami mentioned that there is an urgent need to review the foreign exchange market from the perspective of the degree of compliance with extant laws and regulations.
He further said that the current state of naira is not the result of neutral economic factors, or directly related to demand and supply forces alone, but rather by a carefully orchestrated criminal conspiracies and manipulation by unscrupulous elements hiding under the cloak of so-called ‘market forces’.
According to him, “ as a responsible government, we cannot afford to allow such a situation anchored on unlawful alliances and criminal enterprise to continue unchecked, when it is apparent that its primary objective is to sabotage the economic agenda of the present administration.
“Government will continue to adopt a broad-based approach to the resolution of this issue.
“Government is aware of the insidious activities of certain elements within some strategic national institutions, who, rather than exert their regulatory powers, have chosen to use their strong accomplice within the system to manipulate the foreign exchange market for personal corrupt gains and to the detriment of the national economy.
“Let me restate in the strongest terms that these nefarious malpractice by unscrupulous individuals and institutions will no longer be tolerated. In this regards, measures are already in place to deal with infractions decisively and relevant security agencies are on the red alert to investigate these infractions and appropriate sanctions shall follow accordingly.’’
He further emphasized the government’s intention to diversify the economy through the blocking of all revenue loopholes, undertake a robust recovery process in Nigeria and overseas and prosecute all treasury looters ‎in accordance with the law.
Read more at http://www.dailytrust.com.ng/news/business/fg-declares-forex-manipulation-as-economic-terrorism/137313.html#DiPuwTpmcPxqEIuA.99

shikena. but the government should also tell us what they will do to those companies who are not importing but taking out dollars out for expansion purposes in other countries like congo, zambia and cote divoire through Form A rather than Form M. I also heard that a lot of these monies find their way to shady companies in Dubai before finding their way back to the black market.

MrMcJay:
End of Discussion!

Saw the below post on Proshare and i wonder why people have kept quiet about it.

If we cannot trust regulators to give us non-conflicting data, then is it Glo or MTN or Airtel or Etisalat we will trust? Full story here:http://www.proshareng.com/news/24532/Understanding-the-latest-NCC-Numbers-Subscriber-Spike-under-Review

Arc. Ogunleye also had the following posers for the operators and regulators alike (P.S. You will need to read to understand his line of reasoning):
Posers for the Regulator and the Discerning Public

1. What is the rationale for the sudden spike in the performance of GLOBACOM and the dip by other players?
2. How does the regulator verify information on customer sign-ups and exits?
3. How do we discount for multiple users in aggregating the number of users?
4. Are we able to distinguish between active lines and inactive lines for the industry?
5. Does the regulator request for and obtain explanations for significant changes in results and makes same available without breaching competitive ethos?

Understanding the latest NCC Numbers: Subscriber Spike under Review by / Arc. Kola Ogunleye””

Recently, the Nigerian Communications Commission (NCC), the market regulator for the telecommunications industry published fresh statistics relating to the subscriber base of the various telecommunication outfits operating in the country.

According to the report published on the website of the NCC, MTN Nigeria as at end of June 2014 recorded total customer base of approx. 56million while GLO, AIRTEL and ETISALAT recorded 27million, 25.3million and 19million respectively. The market share analysis of the different network operators is as follows; MTN (44%), GLO (21.2%), AIRTEL (20%), ETISALAT (15%).

A deeper analysis of the result reveals some interesting scenarios. When the Q2 2014 result is compared with the Q1 2014 result, the growth rate of the companies subscriber base is as follows; MTN and AIRTEL recorded a negative growth of -1.75% and -0.78% respectively while GLOBACOM grew by +17.1 % and ETISALAT by +5.5 % over the previous quarter’s performance.

[b]Why the Telco Numbers Matter!
[/b]The role of telecommunications in enhancing economic growth is highly important and can never be underestimated in terms of national development indices due to the intrinsic value it creates in terms of jobs, commerce, trade, social and community interactions, money exchange potentials, advocacy and enlightenment.

The rebased Nigerian economic GDP offers a more compelling insight into the value of the telcomms/ICT industry with a rebased GDP figures for 2013 (source: federal office of statistics) shows at N80.3 trillion ($510 billion); a 8.68% percent contribution to the Nigerian economy and an equivalent of N6.97 trillion ($44.3 billion) of the total rebased Gross Domestic Product (GDP) estimate.

Tele-density rate and GDP in Nigeria: It has been empirically established that an increase in tele-density rate has a positive proportionate impact on the nation’s GDP, Economic and social development. The Nigerian telecoms market exceeded all expectations by being the fastest growing market in the world.

In the light of the foregoing, the numbers generated by the Telcos offers more than a business or competitive activity milestone but an insight into consumer behaviour, citizen cluster, coverage and connectivity aggregates.

Thus, when the NCC releases these figures, it is imperative that business analysts and economists interrogate the milestones; and hopefully this Q2 2014 review opens a window into why it must be a part of the new normal and encourage Telcos and the regulator to engage in the discussion of these numbers.

The Market Regulator-Released Q2 2014 Results for the Telecommunication Sector
The NCC figures as indicated above would ordinarily follow a trend/pattern and exceptions explained to help stakeholders/publics understand what these numbers mean. A cursory review would focus on the growth of the market and the numbers but at some stage we should have numbers that are able to discern between multiple number holders and new numbers to enable it provide the correct measurement of citizen participation.

Beyond that, the numbers, further to a deeper analysis, should enable us determine trends and optimum market size for if we do not expect a dip when we have an up-coverage margin, we would end playing a simple numbers’ game.

Inferences and Observations from an Inquisition
To address this, a deeper analysis would require more information beyond that which is available. Be that as it may, an initial interrogation of the released results provides some interesting scenarios.



When the Q2 results is compared with the Q1 results, the growth rate of the companies subscriber base returned a seismic shift in the underlying positions for the first time; Globacom moved up to the second position to the obvious joy of most nationals.

However, this result intrigues as much as it excites a discerning mind. At its core, it represents possibly a new normal or an aberration based on the spike (or inconsistency) that occurred.

The Glo Results, the Spike and Customer Data Metrics
Given the dearth of information available as to drivers of the figures represented here, it is impossible to explain the exponential growth experienced by GLOBACOM. It will appear as if the subscriber based data as compiled by NCC is ‘subject to’ additional information and one should not place too premium on the figures as a basis for making any useful projections going forward.

To properly contextualize the concerns within the ambit of the national development indices discussed above, one would have to recall that these ‘spike’ was achieved at a period when all the operators were on suspension from signing on new customers.

The case is simple…if these figures could be achived under this scenario, it is either there exists latent and untapped demand/market or the outcomes arose from some ‘unusual’ development which the market and development economists ought to better understand.

Further, as at the end of 2013, the total number of subscribers recorded by big four TELCOS stood at 125,582,795 million. At the end of Q2 2014, the total number of subscribers stood at 127million. The percentage growth at the end of the Q2 2014 was 2.4%. The performance of the TELCOS in the same period can therefore, and at best, be described as odd when the circumstance of that period is taken into account.



Contradictions between Activity Level and Performance by GLOBACOM
During a period where there was no sale of SIM cards for 60 days as well as a zero level of sales promotion (as directed by NCC), GLOBACOM still managed to achieve an ‘outstanding’ result with an overall growth rate of about 17.1% and extra subscriber haul of 4 million.

The result is not only unprecedented but worthy of interest. Significantly, it is statistically and in reality almost impossible to achieve; in the absence of a force majeure.

In the first instance, it would appear that there was technically no sale of new SIMS in addition to the ban on promotions for a period, thus limiting the major source of getting new subscribers to movements among the network providers by way of porting; amongst others that occurred after the intervening period.

Second, the “feat” achieved by GLOBACOM is rendered doubtful when the performance in the first half of 2014 is compared with the performance of the same period in 2013; and much more so in the comparable period of 2013 where no such spike were achieved using a seasonal hypothesis. The only probable explanation is that consumer trends shifted the way of GLO based on advertising and trade/brand marketing imperatives that created a pent up demand.

The total subscriber gain by GLOBACOM in the first 6 months of 2013 when there was no ban of sales of SIM cards stood at 895,146 while in the first 6 months of 2014 when there was a Ban on both promotions and sales for at least two (2) months stood at a net gain of two (2) million subscribers.

The question is how did GLOBACOM garner 4 million subscribers in 60 days (May-June 2014) in 2014 while it was only able to garner 1,186,066 million in 90 days (April – June) of 2013? Are we witnessing the early signs of an explosion in customer figures/drive in the Nigerian market

Observations on the General Trend of Telcos’ Performance
Recall that this is an industry without much drama. If this spike is true, then all the form book about the market should be thrown out – the market spike must therefore be the tipping point and all stakeholders should brace themselves for a Q3 2014 that would deliver a similar type spike; or maybe not.

Not investing in speculations is critical to investors and the markets and it is imperative therefore that some clarity is achieved in this case/instance. Who would provide that?

There is no gainsaying the fact that both MTN and AIRTEL results has been consistent till now, and credible too. while the GLOBACOM results has been inconsistent end bogus especially in the last six (6) months.

There is need for more explanation and facts to support the unusual performance by GLOBACOM in Q2 2014 in other to sustain the credibility of these numbers as released by the regulator. Q3 2014 is soon upon us and we may not have to wait for much longer, or do we?

[b]Posers for the Regulator and the Discerning Public
[/b]1. What is the rationale for the sudden spike in the performance of GLOBACOM and the dip by other players?
2. How does the regulator verify information on customer sign-ups and exits?
3. How do we discount for multiple users in aggregating the number of users?
4. Are we able to distinguish between active lines and inactive lines for the industry?
5. Does the regulator request for and obtain explanations for significant changes in results and makes same available without breaching competitive ethos?




**Arc. Kola Ogunleye is a developmental economist and former policy adviser to a state commissioner of finance. He can be reached vide kolaogunleye@yahoo.com

why dyu want to sell it? any problems with the car?

How much is it going for?

1.3M cash down?