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Business › Re: Titan Trust Bank Takes Over Union Bank, Nigeria's Second Oldest Bank by Reference(m): 7:28pm On Dec 23, 2021
Mko123:
How much does the masses have that they would try commenting on this thread?
Nairalanders will skip this thread like leprosy
Hmmm... yeah.
With the report that... was it 95 percent of depositors (the citizens of Nigeria by extension) hold/have no more than $1,000 in their checking accounts.... sympotomatic of WASP.... Widespread And Serious Poverty.
Business › Re: Titan Trust Bank Takes Over Union Bank, Nigeria's Second Oldest Bank by Reference(m): 7:24pm On Dec 23, 2021
Mood11:
I will not allow Access Bank to kill me with debits, transferring assets to Piggybank soon.
grin....for a moment I honestly was wondering at a new bank hitting our shores.... then it hit me..... grin
The way you stated the PiggyBank brand.... with the authority of an ad expert.
Politics › Re: Labour Decries Worsening Power Supply Across Nigeria by Reference(m): 10:36am On Dec 23, 2021
Complaining about neglect by successive governments leading to decay and yet wants the same govermental structures to take the power sector back...

The simple reason why government is poor at entrepreneurship is that long term commitment is absent. An entrepreneur is in busi ESS for life and not for election cycles and he is totally dependent on his business for survival and cannot just take loans to cover financial mediocrity and recklessness.

It is the politicisation of the power privatisation that has stalked its development. When communications went without benefits to the power that be they decided power will not follow suit and brought in unknown cronies without root or branch. Result is failure.
Politics › Re: President Muhammadu Buhari Is Set To Visit Maiduguri On Thursday by Reference(m): 6:51am On Dec 23, 2021
Good thing he is going to Maiduguri.
It will inspire confidence that the place is gradually getting back to normal and a bit of solidarity with the long suffering people and the men and women in uniform in this season of goodwill is a big plus.
Kudos to Mr. President.
Politics › Re: Umahi Inaugurates Ebonyi State Command Of Ebubeagu Security Network (Photos) by Reference(m): 10:23pm On Dec 22, 2021
Not impressed by this symptomatic show of mediocrity.

We have more than enough uniforms, more than enough blue collar security personnel roaming the streets with assault weapons.

What we need are 'white collar', shirt sleeved intelligentsia, folks more comfortable in laboratories than at checkpoints.

We need to upgrade our security architecture to fit the demands of our increasingly complex and challenging society.

Our leaders are poor thinkers.
Politics › Re: FG Declares 27th, 28th December, 2021 And 3rd January, 2022 Public Holidays by Reference(m): 12:37pm On Dec 22, 2021
Their business. I am closing 5 pm on the 24th and resuming 7 am on the 27th. New Year is 1st of January not 3rd.
Indolent government, lazing around after dosing us with relentless inflation in 2021 making us work twice as hard to remain viable.
They think everyone borrows unashamedly to move forward.
Sports › Re: José Peseiro Profile: Incoming Super Eagles Coach? by Reference(m): 7:21pm On Dec 21, 2021
robosky02:
Amaju has finished Nigeria
Here he is.
Coaching Al-Ahly and doing a fantastic job last time I checked
Sports › Re: Victor Osimhen: I Will Be Available For AFCON 2022 by Reference(m): 6:51pm On Dec 21, 2021
kayusely70:
That guy is a hard tackler. He has a partner Sunday Ebogbue or so. Those guys are really mean!
grin.... when Nigerian defenders were defenders...not the overated, overpaid softies we have on display today.
Sports › Re: Victor Osimhen: I Will Be Available For AFCON 2022 by Reference(m): 6:25pm On Dec 21, 2021
Be careful. African referees donot protect players.
Still remember Bright Omokaro's (alias 10/10) bone crunching tackle on that Algerian player at Maroc 88.
Today, with VAR in Europe he will be led away from the field in cuffs.
Politics › Re: Amaechi: Abuja-Kaduna Rail Line Generates ₦300 Million Monthly by Reference(m): 8:33am On Dec 20, 2021
mrvitalis:
That one is even worse ...the economics is baseless ...Nigeria don't need rail lines now

We need to rejuvenate our productiveness first , increase revenue and GDP then build rail

Is like borrowing money to buy car then starts looking for a job and house
Hahahaha....interesting... grin
Politics › Re: "Buhari's Nigeria": Kingsley Moghalu Laments As He Buys Groundnut For ₦1,000 by Reference(m): 8:02am On Dec 20, 2021
chatinent:
They can do anything for the electoral campaign. Na now you remember Buhari don finish Naija because 2023 is close again baa? You come carry cameraman go buy groundnut you no go chop? Even the face of the poor woman shows she didn't approve of what they were about using her to do politically.


See en head like bicycle seat.
Yes, and apparently you are a lover of your chains oh failed citizen.
Your contemporaries in other climes seek a better life for themselves.
Continue playing the ostrich while the effects of this calamity continue.

Two of my senior staff are just back from Kaduna and Zamfara respectively having left on compassionate leave.
Both have evacuated their families from home as we will not entertain or participate the payment of ransoms.
Hearing their stories of horror, it is clear the worsening economic situation in Nigeria is turning men to animals and criminals to beasts.

Continue playing politics you hear.
Politics › Re: Reno: Buhari Has Borrowed More Than All The 14 Presidents Before Him Combined by Reference(m): 10:42am On Dec 19, 2021
stepaside2:
People don't understand that we have a revenue problem. We want to buy fuel cheaply with Govt continuing to subsidize to the tune of trillions of naira yearly. We want uninterrupted power supply but don't want to pay the appropriate price. We want to buy gas cheaply never minding that the international price for gas has more than doubled over the past year. Tax to GDP ratio at 7% is one of the lowest in Africa, normal ratios are like 20-35%. We want world class health facilities but we want it for free. I ask us all, who pays for all these?
Have you asked yourself how other nations get their citizens to willingly 'pay for things', public services including taxes and levies. Do they put a gun to their heads?

Have you not seen goverments in the west rise and fall on just the back of tax rates. No one in the world wants to pay taxes. And no one in this world I know will be willing to pay for anything he can get free.

So once again how do governments in othe climes get their citizens to pay 'through their noses for stuff'

Think about it. For therein lies our failings as government and as a people.
Politics › Re: Reno: Buhari Has Borrowed More Than All The 14 Presidents Before Him Combined by Reference(m):
backbencher:
1. First off,I am not defending the goverment.

2. I have reason to be angry with the goverment. Back in 2015,fair enough, they said we had to diversify the economy. Which they forgot about when they got into power.

3. They also promised to raise tax revenues which they didn't .

4. They didn't cut goverment spending as you have pointed out very well

5. And they kept on spending on subsidies


6. Meanwhile our Forex needs keep on rising.

So borrowing results. A sign of failure

I'm not defending this goverment. PDP and APC are jokes to me
Fair enough.
So what we need to do in 2023 is to elect a government that first of all listens, not lectures and secondly a government that resembles us. That is reacts to the economy, to security, and so on the way we would.

So if you and I are looking for a second job to make ends meet they too are looking for a second source of income to balance their budgets.

That if you and I are cutting down on meals, mending old clothes instead of buying new ones and thinking of finding cheaper rent the government learns to cuts its budget and expenditures likewise.

That if you and I strive to leave healthy to cut our medical bills and learn to live at peace with our neighbours to avoid the police and costly litigation then our government must act smart as well to nip insecurity in the bud quickly and negotiate out peaceful resolutions with agitators and not resort to violence and costly wars at every provocation.

When we get these the people will see themselves in government and be all too willing to make sacrifices and proud to join hands in building Nigeria.

Governance is easy if you know how and and are sincerely willing to. The African is not diffifult to lead. His demands are not vast or complicated.
Politics › Re: Reno: Buhari Has Borrowed More Than All The 14 Presidents Before Him Combined by Reference(m): 9:13am On Dec 19, 2021
backbencher:
The harsh reason why Buhari is borrowing is simple

The oil price is and has never been at the level we need it to be to adequately fund our budget.

Oil amounts to a small percentage of our GDP but a large percentage of our budget revenue.

In 2012, our breakeven oil price was 122 dollars per barrel. In 2017, it had gone up to 139 dollars per barrel. Now it is 133 dollars per barrel

Oil prices were at 75 dollars per barrel in 2015 when Buhari took over, and have been as low as 20 to 30 dollars at some points since then.

Meanwhile our population and by extension our Forex needs have been growing

The alternative is to raise our tax to gdp ratio from its 6.4% to fund the budget. But that means taxing the 70% of Nigerians who don't pay income taxes due to working in the informal sector.

So we take loans to fund the budget.

Now oil is below 70 dollars per barrel, breakeven is 133 dollars meaning we lose 60 dollars per barrel of oil sold
At one point under Buhari it has been as high as 80 to 100.dollars below the breakeven.

At the end of the day, we tax everyone in this country, including beggars, farmers, and even hawkers, to raise the tax to gdp ratio drastically, or we take loans and more loans to cover the difference between the actual crude oil price and the price it should be at to sustain us.

Because taxing everyone is not politically popular, we take loans instead.


( Buhari is a bad leader, and not someone I would vote for ever, so don't go there. I wish we could get some technocrats in office really


Again, Buhari is a bad leader who has failed in diversifying the economy which could have helped.)
And it is not politically popular for the only thing you left out in your compedium of excuses for bad governance which is the failure of this government to cut the cost of its administration.

Every keen observer has noted the huge leap in recurrent expenditure since 2015. What is the excuse for that. If income is tough and we cannot control that, what is the excuse for not cutting expenses to balance the books.

Every day we are inundated with upsetting news of government waste, graft and reckless maladministration of our treasury. Hardly the best campaign advert to get the long suffering citizens to pitch in with their taxes innit?

So they borrow because they cannot make the sacrifices to get us in solidarity with them. That is classic bad governance. To sneak on us liabilities we are unwilling to take.
Politics › Re: Anxiety In APC Over Plot To Hold Primaries Before Convention by Reference(m): 8:47am On Dec 19, 2021
Between a rock and a hard place.
If they do it sooner the aggrieved will surely defect. If they do it later the electorate will surely defect.

That is why democracy was fashioned. To ensure perforrmance in governance as the only guarantee tor continuity in office.

If the APC truly performed these past years it would not be so jittery today. All these shenanigans is concrete proof of abject failure.
Politics › Re: Gunmen Kill Vigilante, Abduct DSS Officer In Abuja by Reference(m): 8:27am On Dec 19, 2021
DubaiLandLord4:
DSS dey get outpost shocked

What is the job of the NPF for Nigeria? DSS is a Secret Agent outfit like FBI

Is just a matter of time, DSS sef go dey mount checkpoint they check vehicle particulars
The FBI is not a secret service. It is a law enforcement agency whose activities are in full public view and is directly accountable to the people.

The DSS has no equivalent in the US as our structures are different but in the UK it is supposed to mirror the MI5 whose activities are clandestine and whose accountability is to a select few.

But I agree with you, our secret service, the DSS has regrettably become a law enforcement agency totally incapable of the stealth, intelligence and dark arts of state security.

It is our fault. EndSARS will have reformed our police for good but our failure to see it through has left a vacuum the DSS is now degrading itself to fill.

State police, they say no way. Reform Federal police, they say no way, we like it like this.....so..
Politics › Re: Government Ministries Can’t Account For N324 Billion – Audit Report by Reference(m): 7:47am On Dec 18, 2021
omokab:
why can't you think out if buari hatred? Is it not the same buari government that expose the fraud? How long have you seen a report like this especially under PDP government ? The fact remain that there is no perfect or free fraud on any system of government including USA and other developed nation. But there must be a system established to check and move against fraudsters in government and MDAs
At the bolded.
So now you admit it.
In 2014 and early 2015 this is not the song your compatriots were singing.
Today everyone is admitting the 'lack of capacity' to move Nigeria forward as the big issue.
That somewhere along the pipes there will always be leaks and water wasted but as long as the pumps are functional we will still be able to drink.
This goverment shut down most of the pumps and today still cannot patch up the pipes.
So....

I sincerely hope the next goverment will be one of competence as the first mandate.
Then it should be one of total comittment to restructuring this country.
Anything less will be curtains for Nigeria, simple.
Politics › Re: Government Ministries Can’t Account For N324 Billion – Audit Report by Reference(m): 7:36am On Dec 18, 2021
Reflect7:
Stop lying. Under Jonathan we were never told how much was 'unaccounted for' by ministries, NNPC, or anybody. There was no proper audit of anything and it was a free for all lootocratic situation.

Buhari is doing well to audit those ministries and publish the findings.

I bet the misappropriation was 5 times worse during Jonathan's time.
The standard of living is the best way to assess the effects of economic policies, programs and actions.
And the arithmentic is simple:
Gains minus losses = Situations.

By your assertion I too can be a simpleton:
Mr. Jonathan's Goverment: 10 points gained minus 5 points of corruption lost = 5 point standard of living.
Mr. Buhari's Goverment: x points gained minus 0 points of corruption (as many hailers say) = huh (I leave you to guess, but even you must admit it is far less than the 5 point standard of living in 2015).
Thus: It is clear this country has not moved forward at at all. Gained nothing economically in the last 6 years but regressed seriously and this has been manifest in two recessions. X has been in the negative all the years of this goverment.

So what is the point about corruption if the economy cannot be handled properly.
Mr. Obi said it clealry in his 2015 campaigns. That you donot leave your shop to run after thieves.
We all laughed him to scorn....are we laughing today....
Where are the so called proceeds of recovered loots.... why hasn't it balanced the budget or built the so called infrastructure we were promised.

It shows that corruption is NOT the problem of this country. Think about it.
Politics › Re: Government Ministries Can’t Account For N324 Billion – Audit Report by Reference(m): 7:23am On Dec 18, 2021
This is what we were saying for years, before the advent of this administration and through all its election propaganda..
That corruption isn't the problem of Nigeria but the structure that makes it possible.
That no matter who is in charge, a swamp will always breed mosquitos so 'drain the swamp'. Change the structure and the bugs will disappear naturally.

We voted in a party and a man determined to scuttle all attempts at restructuring Nigeria. As his goverment comes slowly to an end, the very status quo he had defended and deepened has resulted in all manner of corruption amd maladministration cases. So what has changed....

I tell you.
In the past we had corruption.
But we had people who knew how to drive the economy positively so the effects of the corruption were less felt.
Today we have perhaps the most incompetent (in recent times) goverment in place. Not a single A-lister in any capacity to effect change. Not a single experienced hand in the core MDA's and Agencies.
That is poor leadership.

You don't want to change the system but wish to manage a country that is structured to fail.
Then you do not hire qualitative assistants.
What does this goverment expect and its teeming supporters think will happen...
Politics › Re: Buhari At 79: I Appreciate The Unseen Works You’ve Done ― Tinubu by Reference(m): 7:03am On Dec 18, 2021
Mrkumareze:
cheesy you better start distancing yourself from the failure Buhari, his body odour will catchup with you don't...
Just what i said last year when the heat of his possible succession began to rise.
That In a proper, working democracy such a candidate will tactfully begin to distance himself from the present underperforming goverment simply because they are becoming a liability with each passing day to the ruling party.

Just as Obama began early, charting his own course and at the end had totally dissociating himself from the Clinton years in goverment tarnished at the end with scandal.

But this is Nigeria where democracy isn't working, where the present goverment determines who suceeds it because the people are too weak to insist on their mandate and are to divided to make a proper choice.

Ordinarily with its peformance there is simply no way the APC should win in 2023 and the only way an aspirant in its fold can rise above the ashes will be to exorcise its demons and totally confess a new birth.

But the danger still lies there, that if Mr. Tinubu does not start early, chart his own course away from this sinking ship of state and other contenders build momentum he may find himself clutching the short straw when the real campaigns start and the scent of failure may still linger on him come election date.
Politics › Re: Banditry: Northern Groups Threaten Shutdown Of 6 States & Abuja If Nigerian .... by Reference(m): 6:54pm On Dec 17, 2021
Last week he was doing a book launch, today he is cutting a birthday cake and raising a toast... huh.
Mr. President's handlers are indeed his ruin.
They have conspired to wipe away any iota of a positive legacy.
If I were him I will set up a security summit and fly there directly from Istanbul.
To at least pretend to show empathy and concern.
Travel › Re: Passenger Forcibly Removed From Plane After Pilot Asks Him To Disembark (Video) by Reference(m): 3:49pm On Dec 17, 2021
SIRTee15:
I had to quote because u erroneously stated 'except for security reasons, a pilot has no right to remove u from a flight'. I had to give u the reality check.
A pilot can kick u out of his plane even for flimsy reasons. Or what has exposing the titties or having body odour got to do with flying the plane.
Any behaviour that has the potential to cause disruption in the plane is a threat to the safety of the flight. Now this statement is very broad and subject to multiple interpretations.
In the case of this thread, a passenger was seen arguing with an air hostess. Now things can escalate quickly and both may start exchanging blows inside a plane in mid air. The pilot can become distracted, endangering the lives of passengers on board. To avoid this scenario, the threat has to be removed.
The above can be applied to all examples I gave u earlier, thus their removal.
Once u start arguing with the air hostess in the plane, u can be removed. know this and know peace.
As for going to court, I wish u good luck.
Sure.
There is a story presently on Yahoo about a man kicked off a flight for wearing a thong across his face instead of a mask.
His business right...??, was still thrown out.
Sports › Re: Meet Faiq Bolkiah, World's Richest Footballer, Richer Than Ronaldo, Messi by Reference(m): 12:53pm On Dec 17, 2021
Jidemoo:
Arab money....Real definition of being born with a silver spoon
Arabs??... Brunei is millions.... okay thousands of miles from the Middle East or Gulf.
They are a country in the Asia ring of hydrocarbon deposits that includes Indonesia another oil and gas giant.
...And they speak Malay..
Travel › Re: Passenger Forcibly Removed From Plane After Pilot Asks Him To Disembark (Video) by Reference(m): 10:12am On Dec 17, 2021
LordErrk:
According to law, a pilot can ask you to get off the airplane...for safety reasons. Not because a passenger was rude. We allow too much rubbish in this country
If he considers a potential escalation of the situation he is bound to take preemptive action.
Few things can be resolved at 40,000ft.
If the situation goes bad midair the pilot will be blamed for lax judgement.
Travel › Re: Passenger Forcibly Removed From Plane After Pilot Asks Him To Disembark (Video) by Reference(m): 10:02am On Dec 17, 2021
Mynd44:
A pilot is the captain and has the unequivocal right and authority to ask any passenger including staff to disembark if he feel (in anyway) that the passenger has behaved in a manner that is unbecoming.

He has the power and has permission to use it. You do not argue or fight, when a pilot tells you to get off his plane, you get the eff off.

It is like a danfo driver telling you to take your money and get out of his bus. That is where it ends, you get off. He has the power and authority
Don't mind them. They don't understand the laws of the air.
Since 9-11 tolerances have been reduced to nil.
Politics › Re: 2023: Don’t Take Side With Any Presidential Aspirant, PDP’s Bot Cautions Ayu by Reference(m): 6:41am On Dec 17, 2021
For wia. They will consider this their own time to make hay. A group of equals not ashamed to give and receive bribes from one another.
Sports › Re: Rohr: I would Have Won AFCON With Super Eagles In Cameroon by Reference(m): 2:31pm On Dec 16, 2021
....Yeah, and I could have been Will Smith if my ancestor had not hid in the hills while his mates were captured and taken into slavery... angry
Sports › Re: Inter Milan ‘to Terminate’ Eriksen’s Contract Six Months After Cardiac Arrest by Reference(m): 2:25pm On Dec 16, 2021
Said it the moment he collapsed on that pitch and was given CPR. That it was all over but some folks here were yapping out ignorance. Few will give him health insurance to continue playing and so few clubs will be willing to give him a contract, not to talk of the devastating publicity it will procure for them if it recurs.

Feel sorry for him but that is the reality. If he was at his 'root' club he would just be moved back office to continue in some capacity. Unfortunately he was at the early stages of his Inter contract and not impacted the club, fans and owners so not much sentimental attachment to give him a soft landing.
Politics › Re: Ayo Adebanjo Seeks Probe Of Tinubu's Source Of Wealth by Reference(m): 9:50am On Dec 16, 2021
The bricbats have started. Ugly politicking is on the run way about to take to the air.
Supporters of Mr. Tinubu should brace for impact.
They should understand that if he must be President there will be muck and everything will be open and fair game.
Politics › Re: President Buhari To Attend Turkey-Africa Partnership Summit In Istanbul by Reference(m): 9:42am On Dec 16, 2021
Running away again.
Countless trips costing billions yet the country continues to slide, standard of living tanks and violence escalates.
What is the essence of all these trips.
How many years will the long suffering people wait to see decent, proper governance...
Just sad.
Crime › Re: China's New ‘Laser’ Gun Can Silently Burn Through Flesh From 0.8km Away (Photos) by Reference(m): 6:27pm On Dec 15, 2021
It will be outlawed globally.

Over the years such devices have always fallen foul of various United Nations Conventions on the use of unlawful weapons.
So China is not the first to develop novel weaponry in this category (for laser guns have been available since the mid 70's in the west) and will not be the first to have them confined to research labs and museums.

The Germans deployed poisoned gas during the First World War, Americans have been toying around with autonomous weaponry for decades, aka battle bots of sorts and the Russians have developed swarms of killer drones.... all these are banned by convention.

Not everything you dream up and conjure will end up being accepted. The world has rules. This device in this state is beyond.
Sports › Re: 2021 AFCON May Be Cancelled Over COVID Omicron Variant by Reference(m): 6:04pm On Dec 15, 2021
vickydevoka:
Viruses are mostly man made, starting from H I V, COVID n omicron.
Oyibo come de use am control de world.

See vaccine way I take na him de cause me sickness for 3 days now
You are supposed to rest after the vaccine and take anti inflammatories...
I'm sure you didn't.

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