ProfessorPABX's Posts
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Amotolongbo:Vladimir Putin and many other leaders of great and complicated countries have slipped before.. I have never expected Atiku an elder statesman to react to this. Tinubu had knees problem. |
BeautifulSmiles:Majority of young people on Social Media are distorted and not technically sound. The issue of PMS being sold at about $0.42 per litre in Nigeria at the exchange rate of =N=1,500 to $1 while the same PMS is sold between $1.1 to $1.3 per litre in neighbouring countries and some of the neighbouring countries have crude oil and about two or three have Refineries is beyond what anybody can answer here. If the exchange rate had been =N=700 to $1 with foreign loans to be paid by Nigeria and subsidy makes the price of petrol in Nigeria $0.1 or $0.2 per litre when compared with $1.2 per litre in neighbouring countries will there be any need for about 60% of the population of the neighbouring countries not to buy smuggled fuel from Nigeria? These are the analysis question here. What stops the neighbouring countries with Refineries from selling lower than Nigeria? What stops the neighbouring countries without refinery from subsidizing their fuel to make it cheaper than Nigeria since the fuel is imported by Nigeria as well? Floating of Naira makes us know the real value of Naira to Dollar. Nigeria cannot continue to borrow to subsidize PMS and at the same time borrowing money to defend the dollar for the importers. The corruption and leakages at both end of the pipe cannot be controlled . Those with the opinion that removal of subsidy and floating of Naira returned us to the initial stage are getting it wrong. In theory, they are partially right if only the subsidy is removed and Naira is not floated and every other condition remains the same, but it is impossible for every other condition to remain the same. |
Oduduwapigs:Omo Y I B O, Omo IBO. You can say anything. On June 8, 2018 when President Buhari honoured ABIOLA and announced June 12 as Democracy day, your brother said more than that. Ochereome Nnanna, Chairman Editorial Board of the Vanguard newspapers in 2018 has described the Yorubas as "sophisticated morons". This comment would not have elicited any reaction from me but for the fact that it was coming from the Chairman of the editorial board of one of the reputable newspaper houses in the country as at that time. He later apologized as a facemask. |
BeautifulSmiles:What are you blaming the President for? Are you blaming him that PMS is about $0.42 per litre in Nigeria at the exchange rate of =N=1,500 to $1 while the same PMS is sold between $1.1 to $1.3 per litre in neighbouring countries and some of the neighbouring countries have crude oil and about two or three have Refineries. If the exchange rate had been =N=700 to $1 with foreign loans to be paid by Nigeria and subsidy makes the price of petrol in Nigeria $0.1 or $0.2 per litre when compared with $1.2 per litre in neighbouring countries will there be any need for about 60% of the population of the neighbouring countries not to buy smuggled fuel from Nigeria? The fact is that there are many parasitic nations feeding on Nigeria. They are being aided and abetted by their brothers and accomplices in Nigeria. I don't want go into technalities . This is technical and political |
VeeVeeMyLuv:Social Media has become very acidic. Most young people are now distorted and under mental illusions and it is very difficult for them to hear the voice of reasoning. Black man may never recover with the kind of people being groomed today . What are the repercussions? The subsidy removal and the floating of Naira according to you made PMS being sold at =N=1,700 or more at neighbouring countries to be smuggled out and also leads to food being smuggled out. So, if NNPC or Dangote sells at =N=300 per litre and Naira supported with Dollars from loans to be paid by Nigeria to bring it down, the smuggling of foods will stop leaving only Petroleum products to be smuggled out and the prices of PMS to come down at neighbouring countries all at the expense of loans taken by Nigeria. The technicalities involved is very high and political. You and your associates can continue if you cannot decipher the situation in Nigeria. |
Segxydube:Let me ask you a question, who are the Nigerian workers? Millions of Nigerians that will not benefit from the new NLC demand suffer for the shutting down of the economy by the NLC, if it is not handled properly, another group or groups will come out to challenge NLC and create chaos beyond what NLC can handle. |
Segxydube:Who are the Nigerian workers? Unskilled labourers and bricklayers at building sites have been collecting the same daily wage for over a decade. Artisans struggling for daily survival are exempted from NLC demand. Unskilled and skilled Nigerians struggling for survival daily are not beneficiary of NLC demand if approved. State Government and Organized Private Sector cannot pay that NLC demand except about 1% of them that are currently paying above that (=N=100K per month) presently. Over 70% of Nigeria population is not affected directly and indirectly by NLC demand if granted. The inflation that would be created will affect every Nigerian. Yet, NLC want to cripple the economy because of their demand not considering those struggling daily for survival. They want to shutdown Airports, Seaports, National Grid and stop banks from operating. They even want to force commercial vehicles from operating but they are afraid NURTW will fight them. |
Akaujaa:Who are the Nigerian workers? Unskilled labourers and bricklayers at building sites have been collecting the same daily wage for over a decade. Artisans struggling for daily survival are exempted from NLC demand. Unskilled and skilled Nigerians struggling for survival daily are not beneficiary of NLC demand if approved. State Government and Organized Private Sector cannot pay that NLC demand except about 1% of them that are currently paying above that (=N=100K per month) presently. Over 70% of Nigeria population is not affected directly and indirectly by NLC demand if granted. The inflation that would be created will affect every Nigerian. Yet, NLC want to cripple the economy because of their demand not considering those struggling daily for survival. They want to shutdown Airports, Seaports, National Grid and stop banks from operating. They even want to force commercial vehicles from operating but they are afraid NURTW will fight them. I wish them best of luck |
remsonik:Only God knows best. I got to know about Pastor Iluyomade early 1999 when I was a very young man, by then he was the Senior Pastor RCCG Kings Court, VI, my personal friend whom I escorted to the Church many times is not a member but a computer engineer (Steven AJ ......) who repairs his computer. He was very close to him. He told me something then (1999) about the man and his wife which now made me to know the man and wife love each other so much. I just got to know few days ago that he is the Senior Pastor of COD. For such man to celebrate his wife that had stood with him is something. The courage and the will to postpone the event because of Wigwe's death is another thing. God knows best. |
Prettychild:You want him to continue when he is depressed? You want him to continue until Baba goes to rest and another person becomes the G.O? You are a Spirit having a soul that dwells in the body. Once the soul is broken down, any arrow that enters the body penetrate the spirit directly. If the spirit doesn't have enough Fire, there will be problem. Again, in depression, the spirit cannot enjoy Baba's Grace. He needs to take a long break. I quite understood what you said. It happens clearly in Winners and other Ministries. God knows best. |
Hangulsaram:Social Media has become very acidic. Most young people on Social Media are distorted. Most of the time the attack is against Baba Adeboye, today, it is against Pastor Iluyomade because of Herbert Wigwe. As one of the sons of Prophet, I have a different opinion from my Spirit. Only God knows the best. You just revealed Herbert Wigwe loaned the Church One Billion Naira . This is a good information. The revelation assumed to be received and written by Apostle John on the Island of Patmos spoke about some Churches. COD comprises of many rich men according to the earthly standard. Somebody earlier asked the question if an ordinary member had died if the birthday should have also be postponed despite months of planning and investment already made? I cannot answer the question. Somebody also said he has seen marriages postponed few days to the wedding because the father or the mother of the bride or bridegroom died. I don't want to dabble into this. I have a totally different view based on Christ teaching. Dr Tony Rapu has not said anything. It is too early to comment. Social Media young people are controlled by sentiment. I observed the celebration of Tobi Amusan's victory as the fastest woman was very cold and not explosive. If another person has achieved that feat up till this moment, the celebrations would have still been explosive. The journey of faith is very difficult. Most of the things we consider here might be of no value in the spirit realms. Thank God for the information of the 1 billion Naira loan by Wigwe to complete the building. |
0001Lagos:OMO Y I B O, you are too dull , very unintelligent to understand logic and bitterness has eaten deep into you because of the exposure of fraudulent activities of your brothers manipulating their identities to commit fraud on Social Media and other places. Whenever NIMC finds out my observations, I believe I will be brought here to make reference to what I said. |
jaxxy:Are you there Lawyers? Most of them have Masters and few PhD. They should go to Court if they are wrongly terminated or if it is their birthright. |
0001Lagos:Your brothers dominated CBN, NNPC, NPA and all the agencies of looting. What are the contributions they have made? Directors can be sacked to have fresh ideas. Position in Civil Service is not a family title. If Nigeria divides tomorrow or if Regional Autonomy is enforced tomorrow can you be talking of sacked directors? It is good they are sacked for proper management and documentation. It is important we know what transpired at CBN. Let them go to Court if they are terminated wrongly or if it is their birthright. |
0001Lagos:The Yoruba divinely imposed character is not recognized in Nigeria. The gods of the Yoruba operate on objectivity but other gods operate on self centeredness and selfishness which I called "I before others". Moreover, Falana is a counsel to NLC. When Falana wife who is a Principal Partner at Falana & Falana Chamber was awarded SAN status, there is no insult that was not passed on the woman on social media by those people. They said SAN is a Yoruba title. They have also attacked Falana in the time past. A Yoruba is only applauded when you support their inordinate ambition or their unreasonable and unrealistic agenda and expectations. That is why you see them registering accounts on Social media with Yoruba names and International Passports with Yoruba names. Of recent, at a Local Government off Iwo Road, Ibadan, I observed some of them registering for National Identity Card with Yoruba names. NIMC in future is going to have problems with ONE BIOMETRIC DATABASE having multiple names which is due to one person registering with different names and BIODATA. This can only happen in Nigeria. The purpose is to use such names on Social Media and other vital document to create impressions they are Yorubas and to support causes not supported by majority of Yorubas. Finally, Labour Union or Unions have no right to close down a Private Institution. Labour Union have no right to force a private institutions to close business. |
youngrichnigga:You are very correct. I don't really understand what is happening again. All my hopes dashed.I I fought, I supported and argued for years to support Dangote Refinery, but now, it seems it is just the use of our commonwealth to enrich an individual. The pressure on our foreign exchange has remained, nothing changed. When I was very young and was living at Snake Island, I always wondered how Dantata was able to be given part of Tin Can Port Jetty as Dantata Jetty. All the story of Dantata Groundnut pyramid, using 26 Camels to load money to Standard Banks and Banks spending weeks to count money does not make sense or meaning to us in the South West, especially in Ijebu land. During that period, we have always have great men of commerce and education and exposure. It was the political tension of Awolowo - Akintola era and the military unitary system that destroyed South West. I don't really understand what is happening at all. |
Sheuns:Where is the land for Agriculture? At Ore, Ondo State already have agency for Agricultural development. When you are talking about Agriculture that is another developmental area. You have to consider development in the Coastal areas of Ondo State. That is where you have oil & gas and bitumen. That is where you have the proposed deep sea port and the abandoned OLOKOLA LNG project. Now, Lagos Calabar Coastal Highway is passing through the area. Bitumen cannot be abandoned for Agriculture. If Obasanjo had done 3rd term, Bitumen and OLOKOLA LNG would have been a reality by today. Federal Government should invest in the Bitumen development. They should establish National Bitumen Company of Nigeria, fund it , secure Overseas Technical Partner for it. They can now sell the products to processing companies. After about 20 years of operation they can now sell it. Federal Government has not done this in South West for any natural resources. If Agriculture is lucrative, all the investment of Federal Government and International Donor Agencies in the North for decades would have yielded results. |
Arutan:I think we have discussed this bitumen at a forum some years ago. I reserved the outcome of the discussion. The investors that came during Obasanjo era are not serious, they think they are doing Nigeria good by the exploration. I will stop here. Few days ago, children on Social Media were crying because the Minister told them Kaduna Refinery is not calibrated to refine Bonny light (Nigeria's Crude Oil). For decades, the elders and politically exposed Nigerians know this. It is done for a purpose. Asphalt which is used for road construction is gotten from thick crude oil and not light crude oil. Nigeria needs Asphalt for road construction, hence, Kaduna Refinery is designed for this good purpose. Now, from the preamble above, we can now see where Bitumen comes in. Asphalt for road construction. Asphalt is thicker and last longer but the comparative advantage of having Bitumen locally saves foreign exchange and creates jobs. My problem with Ondo State is that why is it few months to every gubernatorial election there must be an interested investor on Bitumen exploration or Deep Seaport construction. It seems it is just for political purpose. Though, FG through Umahi is considering concrete roads in some places but asphalt would still be used in many FG and States road. The FG is investing in iron rods (steel) production at Ajaokuta to meet demand for concrete roads. Estimated $10 billion dollars in total has been spent on Ajaokuta. The FG has spent estimated $12 billion dollars including money spent by JV partners on oil exploration in the North. It took Late Alhaji Iyanda Folawiyo a rare courage to risk exploration prospecting in Offshore Lagos. He died before oil was found. I am yet to see any natural resources in the South West that FG has committed billion of dollars to prospect and explore and process or for its exploitation. The South South and South East never needed such investments as the oil & gas deposits are already attractive to investors. What stops the Federal Government from investing in the exploration or exploitation of the bitumen and sell the products to private investors for processing. Since Obasanjo era, the amount spent on Ajaokuta or the money spent to prospect for oil the North, they can also channel money to explore the Bitumen in Ondo. The son of Ibrahim Mantu bringing investors to Ondo to explore Bitumen that has been there when his father was the deputy senate president is not a good news to me. |
Sheuns:All na lies? Omo IBO you said all na lies. One thousand ants cannot lift a cube of sugar, they can only surround it and confuse themselves the more . They can only perambulate and confuse themselves the more. All of you are confused. Egberun Eera o gbe sugar kan, won a ma doyi ka ni. This is the best project so far in the history of Nigeria. This is the project that changed the dynamics of FACEBOOK as it concerns Africa countries. After almost two decades on FACEBOOK, it was immediately the Lagos Calabar Coastal Highway Project was announced on FACEBOOK and someone posted pictures of EKO Atlantic City and Lagos Calabar Coastal Highway Project Architectural impressions and imaginations on completion that drew attentions of people from so many Africa countries and generated debates if such Coastal Highway and Atlantic City ever existed in Nigeria that Africa countries started to display highways and road networks and buildings Towers and developments in their countries. Also, international civil engineering companies started sponsored advertisements of their highway projects targeting Africa countries. Immediately Africa countries started displaying highways and road networks in their countries, States in Nigeria started displaying highways and road networks and developments in various states in Nigeria. Other countries restricted their display to Jo'burg, Capetown, Durban, Cairo, Algiers, Nairobi, Addis, Dar es salaam, Kigali and of recent, Luanda and Maroc. The greatest thing is that Africa countries are aware of this project and they are aware of inter tribal & inter State rivalry in Nigeria and the reason why Lagos was not allowed to develop at its pace but rather tied down . The opposition to the project cannot stop it because the whole Africa is already aware of it. EKO Atlantic City phase 1 and phase 2 is going to be like DURBAN (UMHLANGA) of South Africa. Oodua, Ogbon nbe eniyan wa |
tunjijones:I am very sorry for dabbling into your discussion. We have argued the business plan of the railway project severally few years back. The Chinese and Federal government never told us transportation by rail is going to be subsidized. In fact, Payback period and Rate of Return were calculated. I cried for 8 years on Lagos to Ibadan (Moniya) railway. Finally, the person assumed must be an NRC man on Social Media agreed with me. He said Inland Terminals and Dry Port would use them to move Cargoes. If FG want to subsidize transportation, road transportation should also be included. Over 90% of people travelling between Lagos and Ibadan use roads. Those using trains are not up to 5%. The railway projects were conceptualized based on business plan. Just like the Lagos Light Rail Project. Few weeks ago, LAMATA approached some investors on the extension from Mile 2 to Okoko. We were told about daily turnout of the Mile2 to CMS route and monthly turnout. Expected daily and monthly turnout of the Mile2 to Okoko, Capex, Opex, etc. The investors confidence is high not because of government subsidy but based on the feasibility of the project. |
MEEVEET:You are very correct. Abuja - Kaduna route also involved millions of naira spent by police on helicopters and ground security patrol / escort of the train. At the end it is at total loss to FG. It is just another subsidy provided to citizens along that route. I cried for 8 years during the implementation of Lagos to Ibadan railway. By then, I posted as babaolofin. All my observations have come to pass. I think by the time we start to move cargoes by trains, FG can recover operating costs from Cargo movement. |
Antivirus92:You are depressed and suffering from mental illusions. Late Chief Bamidele Azikiwe the immediate Owelle of Onitsha after Zik is not alive to tell you more. NCNC was a Nigerian Nationalist Political Party. History and Politics go together. Also, history and traditional institutions go together. Zik was one of the 5 people that represented Lagos in the Western Region parliament. We have TOS Benson, Chief Adebola, Chief Olorunimbe, Prince Adeleke Adedoyin and Dr Nnamdi Azikiwe. NCNC was National Council of Nigeria and the Cameroons later changed to the National Convention of Nigerian Citizens (1944 to 1966). In Politics, and Political Campaign and struggle, history is inevitable. You are too depressed, irritated and illusion to learn. |
mankan2k7:They (Onitsha) migrated from IFE. So many tribes migrated out of IFE. That has been the history from time immemorial. Even when the late Oba of Benin wrote his last book and rewrote the Benin and IFE relationship, in the hot debate that followed, he was reminded that Onitsha people migrated from IFE and settled at Benin. |
muykem:This is not news. My late grandfather who was a prominent member of NCNC told us that Dr Nnamdi Azikiwe always reiterated that Onitsha people are from IFE, settling at Benin. When their progenitor died, they stayed for a very long time at Benin before migrating to several places and finally settled at Onitsha. The Ga people of Accra Ghana are also from IFE. Ekuabo, Ekwuabo , Ekaabo means welcome in Yoruba in various Yoruba pronunciations. When the late Oba of Benin wrote a book and gave a new history about Benin and IFE relationship and said Oodua is Ekalalederhan a Benin Prince. He said Oodua is not the first person to settle at IFE. He said Oodua met some people who were already living at IFE . The puzzle he left was for historians to find out those early settlers at IFE before Oodua arrived. His Highness, Oba Akinrutan ( OBAT), the Olugbo of UGBO land in Ondo State claimed those early settlers are UGBO people referring to his people. My question to His Highness, Oba Akinrutan is to find out if there is any relationship between UGBO people and the present Onitsha people. |
rinzaugustine:My brother, you are 100% correct. We discussed this issue last week. One of the discussants just drew my attention to nairaland. Last year, Dangote Refinery wanted license to import refined petroleum products, it was on nairaland. After much outcry they jettisoned the idea. Now, all the stress and tension on Dollars that Kemi Adeosun as Minister of Finance and later Emefiele as CBN governor said will disappear with Dangote Refinery is a mirage. Wasted efforts. We also discussed the present PMS crisis that started few days after Tinubu travelled abroad. Now, it seems each time Tinubu travelled, a form of crisis must happen. |
rinzaugustine:Is it not possible what the Refinery is buying from US is AGO & Aviation fuel. They can make it look to Nigerians as if they are refined in Nigeria. Last year, the Refinery made attempt to import PMS, I moved against it on nairaland. I still have link to it. Later, the Refinery jettisoned the idea of importing refined fuel. The way things are going all the dollars invested by the Federal Government and the support from CBN are just wasted. All the hopes and aspirations just dashed. Dangote enjoys support from government from Babangida regime till date. This is not what Kemi Adeosun and Emefiele expected. |
TheBillyonaire:It seems you don't understand what is happening. I reserved my comment. This information is just because of AKK Gas Pipeline Project. It is all Nigeria local politics. They want to sell Gas to Europe using the North Africa country. They want to be an alternative to Russia in the European Gas market. It is just local politics. |
Believeintruth:You are just wasting your time. You are a failure already. No IBO dead or alive can stop this project. On FACEBOOK, the whole world already know that IBO don't want the project but they have failed. Some countries in Africa with Coastal Highway have been displaying their Coastal roads. Africa countries have been alerted that economic immigrants in Lagos don't want Nigeria to have Coastal Highway Road. Facebook has made the world to know about the project and the opposition to the project who don't want Lagos to be in the league of African cities like Jo'burg, Capetown Durban, Dar es salaam, Cairo, Algiers , Nairobi, Addis and Kigali. They don't see the great investment opportunities along the corridor from Lagos to Calabar. The only development that is giving them depression is EKo Atlantic City phase 1 and phase 2. You cannot stop the project. |
OriginalYoruba1:Over a decade ago I observed that anybody that creates an account on social media platform with a name to show he is a Yoruba is an IBO. On nairaland, I have stated this severally. You don't have to call yourself OriginalYoruba1 to show you are a Yoruba. You created this account today and the first topic is Bolaji Ariyo's statement. Most of you are depressed. I have seen IBOs in Abuja in 2007 with Nigerian International Passports with Yoruba names applying for UK Visa They claimed Osun State. An Oyo Prince or IFE or Ilesa prince will never create an account today with Original Yoruba1. You are fake and depressed. |
press9jatv:From my background and constituency I know. Changing the Service Chiefs doesn't stop the project but it depends on the priority of the new government. Sango Otta bridge was omitted from 2008 budget. The project stopped immediately after Obasanjo left in 2007. It was when it became a shameful object to Dimeji Bankole that Berger came to complete it. |
press9jatv:Here I am again. You are right, definitely, normally, the project cannot continue just as Shagari failed to do Abeokuta Lagos expressway in 1979 and as Yaradua failed to continue with OLOKOLA LNG project and Obasanjo dream and project died. More importantly, all the small boys complaining here are from Southern Nigeria. Nobody from the North among them. If the project is taken to Kano or Kaduna as usual, none of them will ask any question even their fathers cannot have audacity to question the rationale behind it We all witnessed how Service Chiefs established Universities and take military institutions and base/command to their vicinity no complain. It is when it is located in Osun State that the Yanmiri have headache. Despite FG spending only 15% of Lagos Calabar Coastal Highway Project, they created nuisances on the project. They ask why the project did not start from Calabar. Can Calabar route generate enough revenue for the investor as the project continues? |
Omoawoke:The problem is mainly with the Yorubas because of our culture and upbringing. They cannot try that in Kano or Kaduna or even Suleja. Late Dr Fasheun (OPC founder) collected money from IBOS to fight Lagos State Government during Tinubu and Fashola era because of Ladipo Market. Now, Ladipo Market is very rowdy, chaotic and unorganized. They have bastardized the whole place. I suspect after the death of Dr Fasheun OPC founder it is possible the IBOS have approached Gani Adams to defend them. The earlier a decision is taken the better. If Dr Fasheun the OPC founder had allowed Fashola to sanitize the market, situations of things cannot get to this level. The elites need to get together to chart a course for the Yorubas out of Nigeria. |
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