izzou: Boko Haram started in 2009. I guess the Northerners started existing in 2008 probably.
You cannot list any community with those barbaric burial rites, but my community as a sample doesn't qualify. You are funny, sir.
I have already asked the same question on child marriages; If 50,000 marriages happened this year in the North, how many do you think are child marriages? Maybe 49,998.
Your argument reminds me of how we assume and apportion different beliefs and traditions back then in secondary school. If you know any tribe or culture that practice these strongly, show evidence.
Nigeria is bigger than what you think and know in your mind. Ask questions, sir. It would do you a lot of good.
You're right about the religious beliefs that started in 2009, that's not cultural and is recent in the scheme of things. That doesn't fit the discuss.
The Almajiri system does though.
Evidence of these abound and they're happening, you can choose to live in denial and gloss it over.
FGM is rife among the Hausa Female disinheritance is rife in igbo communities. Igala people of Kogi, Enugu Ezike and Nsukka practice the blood oath adultery thing. Child marriage happens among the Hausas, Kanuri, Kambri and even fulani tribes. How about the tradition of 'bury properly before contributing for another ' in Enugu and Ebonyi state.
Without foreign influence, most cultural practices would probably still be ongoing in current day! Enjoy!
izzou: I already knew you would list any listable available
So terrorism is a cultural belief amongst Northerners?
Which ritual killings is approved in any tribe today?
My father is late. He was buried. My mother's head was never shaved. She did not drink any water from the corpse. But I trust Nollywood to give us a better picture of culture than the real ones.
I am surprised Banditry and Yahoo wasn't listed.
Boko Haram started as a religious belief in a certain state in the North. Terrorism in the North has a religious side to it. In my post, I started barbaric acts and yes it is rife in the North.
Ritual killing doesn't necessarily need to be approved for it to exist. We all know it exist, we also know that it's deeply believed in.
That it didn't happen to your mother, doesn't mean it doesn't happen elsewhere. That it didn't happen in your tribe doesn't mean it doesn't happen elsewhere. Nigeria doesn't start nor stop in your community. Also, in places where this practices have been stopped it was mostly foreign influence that fought for the change using NGOs, foreign funding etc.
Also, do you have rebuttals for the others ? Child marriage, FGM, Almajiri system, witchcraft, female disinheritance? Or because it doesn't happen in your village, it doesn't exist?
Lastly, I still also stated that there was indeed a chance these things could have fizzled out on their own without foreign influence but would have taken centuries.
izzou: List the barbaric acts running in these regions, if you don't mind
North - Child marriage - Almajiri system - Terrorism (saying no to western education) - Female circumcision - Religious intolerance
South: - Withcraft - Ritual killings and belief - Ridiculous burial and mourning rites
East: - Osu caste system - Female disinheritance - Ridiculous burial and mourning rites
West: - FGM -Ritual killings and belief. Etc
There are some I didn't include because I don't know how to place them. Things like being flogged or killed because you saw a masquerade. Blood oath taking to prevent adultery etc.
BlueRayDick: You need to understand that I'm speaking from the point view of someone who has seen how states/countries that were not formally colonized evolved/developed in almost same way as the imperialists.
Japan for example was not formally colonized as an ancient civilization. One of the so called barbaric acts in ancient Japan was sepukku. Guess what? The Japanese themselves put an end to it over time. (I think it's sometime around the 19th century or thereabouts). They didn't need any imperialist to colonize them to put an end to sepukku.
It leaves a bad taste in the mouth for a young person from a colonized state to be thinking barbaric acts into stopped because imperialists are magnanous enough to put a stop to barbaric cultures. Even the imperialist he's thanking also had barbaric acts they stopped over time without the influence of any foreign power.
You keep mentioning Japan and China, list countries within Africa. I am not saying we must thank the white man, far from it.
I'm simply saying this evolution you're talking of might not have been here by now.
See how technological advanced the nations you've mentioned are and they keep improving. Where are we?
SonofElElyonRet: Copied. Everyone is free to fact check.. I haven't done so. This is a call to patriotism.. moving actually..
(from Aliko Dangote)
*My proposed Chairman's Statement to our Dangote Refinery Prospective Shareholders incorporated in our IPO Prospectus*
September 7, 2026
CHAIRMAN'S STATEMENT
To Our Prospective Shareholders,
On behalf of the Board and the over 30,000 men and women who built this refinery with their hands and hearts, I welcome you to the most significant public offering in Nigeria's history.
This refinery is not my personal ambition any longer. It is a national asset. And with this IPO, we are formally inviting you—the Nigerian teacher, the pensioner, the trader, the institutional fund manager—to become co-owners of this dream.
But I must begin with candor, not celebration.
*Why I Am Speaking to You Directly* You have likely read about our legal disputes with regulatory agencies.
You may have wondered: "If the environment is so difficult, why is Dangote listing now?"
That is a fair question. And you deserve a straight answer.
I have spent 15 years and over $20 billion building the largest single-train refinery in the world.
Along the way, I have fought for fair treatment—sometimes in court, sometimes in boardrooms, sometimes in the press.
I do not regret defending our interests. But I have learned a lesson that I must share with you plainly:
A public company cannot be run like a private battle.
The shareholder does not care who wins the lawsuit. The shareholder cares about dividends, about stability, about waking up to a stock price that reflects operational excellence—not regulatory drama.
That is why, before this IPO, I have personally directed management to settle every outstanding regulatory dispute that can be resolved through negotiation.
Where litigation continues, we have committed to a 30-day mandatory mediation process before any new filing.
This is now enshrined in our corporate governance charter.
I am not surrendering our rights. I am surrendering my personal appetite for combat—because your investment deserves peace.
*The Risk I Want You to See Clearly* I will not insult your intelligence with a prospectus that buries risks in legal jargon.
Let me state it in plain language:
Our profitability depends, in part, on government policies that are not permanent.
The Naira-for-Crude arrangement. The import restrictions. The regulatory forbearance. These are not entitlements. They are privileges granted by a government that believes in domestic refining.
That belief may not outlive the current administration—or even the current minister.
If these policies change, our costs will rise. Our margins will compress. Our share price will suffer.
I am telling you this before you buy, not after.
That is why we have published, alongside this prospectus, a Regulatory Risk Playbook—a detailed, scenario-by-scenario plan of exactly what management will do if the ground shifts beneath us.
It includes:
· Emergency credit lines pre-negotiated with international banks.
· Alternative crude supply agreements in multiple currencies.
· A $2.5 billion business interruption insurance policy.
· A commitment to build a secondary processing train within 3 years—eliminating our single-point vulnerability.
· A ₦500 billion Regulatory Risk Reserve—ring-fenced and untouched except for genuine crises.
We are not hoping for a smooth road. We are preparing for a bumpy one.
And we are inviting you to travel it with us—with eyes wide open.
*What I Pledge to You* As Chairman and majority shareholder, I make these personal commitments:
1. I will not use this listing as an exit. I remain the single largest shareholder, with over 90% of my personal net worth tied to this refinery.
Our interests are aligned. If this company fails, I fail with you.
2. I will not sue regulators without Board approval. From today, all litigation decisions require a two-thirds vote of independent directors. I have voluntarily surrendered unilateral control over our legal strategy.
3. I will publish quarterly regulatory briefings. Every earnings release will include a "Regulatory Climate" update—what we are seeing, what we are doing, and what we are worried about. No surprises.
4[b]. I will retire as CEO within 5 years. This refinery must outlast me. The management team we are building—led by our new Chief Regulatory Officer and our incoming independent directors—will have the authority and autonomy to operate this company without my shadow[/b].
5. I will not pay myself a dividend before you do. For the first three years post-IPO, my personal dividend will be capped at the same per-share rate as every other shareholder—no preferential treatment, no special class.
*A Word on Patriotism and Profit*
Some have accused me of seeking government protection.
Others have accused me of fighting the government.
The truth is more nuanced—and more Nigerian.
I believe in this country not because it is easy, but because it is ours.
I have built this refinery here, not in Houston or Rotterdam, because I am convinced that Nigeria can refine its own crude, power its own economy, and create its own billionaires—not just import them.
But, patriotism is not a business strategy.
Profitability is. And profitability requires a stable, predictable, and fair regulatory environment.
That is what I am fighting for. Not for myself. But, for all of us.
My Final Word to You
This IPO is not a guarantee of wealth. It is an invitation to partnership.
If you invest, you are betting on a refinery that works—and it does.
You are betting on a management team that has delivered the impossible—and we have.
And, you are betting on a founder who has never walked away from a challenge—and I will not start now.
But, you are also betting on a Nigeria that is still becoming.
A Nigeria where policies shift, regulators change, and patience is tested.
If you are comfortable with that tension—if you believe, as I do, that the rewards of domestic refining outweigh the risks of regulatory friction—then I welcome you with open arms.
If you are not comfortable—if you require absolute certainty—then I respectfully advise you not to invest.
This is not a bond. It is an equity stake in a living, breathing, wrestling enterprise.
We are listing not because we have eliminated risk.
We are listing because we have decided to share it—with you, our fellow Nigerians—because we believe the upside is worth the ride.
Thank you for your trust. Thank you for your patience. And thank you for believing—as I still do—that Nigeria's best days are ahead of us.
BlueRayDick: I don't know if this Ur post is some kind of Rage bait or you just type wetin dey Ur mind, but I want to believe u are reasonable enough to know that the cons of colonialism outweighs the pros.
Countries like China that were never fully colonized are rubbing shoulders with imperialists in 21st century. I'm sure countries like China too had their so called barbaric cultural practises which the white man would've taken glory for eradicating if they had successfully colonized them and people like u in china today will thank the White men for putting a stop to them.
My point is ; those human sacrifice and other barbaric acts that were stopped and u are here thanking the imperialists coming for it , they would've stopped anyways whether they came to Africa to colonize us or not. All culture evolves with time.
That Mary Slessor stopped killing of twins in present day cross rivers state does not mean the same killing wouldn't have been stopped by now. I mean those people will be interacting with people of other tribes and it's only a matter of time before the barbaric act would be stopped due to inter mingling with other cultures.
The evil colonialism did by forcing different tribes into a so called country for their own selfish profit motive is still haunting us till today.
Colonialism definitely did some evil. However, using current day realities you really think our barbaric cultural acts would have stopped or evolved at this time? Lol. Even in present day with the amount of influence, technology and knowledge available, what have we made out it? We still have barbaric acts running in the North, South, East and West.
izzou: If you decide to do an event in Ajah, write "Lekki" on your billboard, and the indigenes request you put Ajah there, will you change it or not?
You are doing an event in Effurun. Whether you put "Warri" or Texas there, it is still Effurun. You were corrected and told that Effurun is not Warri (which is true). You were asked to change the Warri there to Uvwie (Effurun is in Uvwie LGA of Delta state. Warri is in Warri South LGA of Delta)
What exactly is the big deal here?
No be the same Urhobo people go come the show?
The big deal is the associated cost. I have to redo all the print and digital media afresh. Tv, radio, flyers, billboards, posters etc.
There's also no legal basis to stop an event based on what's printed on my own banners. The indigenes can choose to boycott the show not mandating me to change it or attacking the event.
BabsO2: Is Oyedele speaking from both sides of the mouth here when he said "many of our young people still spend the little money they have investing in virtual assets and sometimes in gambling whereas they can make more money with full tax exemption from the capital market." (1:03 - 1:20)
Is there no more capital gains tax again from taking fat profits on NGX stocks. Or he is cleaver by half and referring to small gains like N100,000 and not +9 figure gains.
The indigenes were just trying to correct her. Everywhere is not Warri! Put the correct place!
If you really want to use Warri, go to Warri and do the event.
Opari oh!
Their demands are costly. Changing Warri to Effurun across all media adverts is expense that wasn't factored into the budget.
Also, when you look at the naming in the area, businesses around that area use Warri as part of their address.
Lekki is in Etiosa LGA. Ajah is in Ibeju Lekki LGA. Yet, Ajah and the adjoining areas are still referenced as Lekki.
Educating her is good, but threatening to/attacking the event if all media ads aren't modified isn't the way to go. The fight no reach so except if there's more to it.
This is similar to the Uzo Njoku's case where they came at her for spelling "Owanbe" as "Owanbe". They wrote petitions, threatened her and called for the cancellation of the event but nothing like that happened, the event went on.
Asangbekoko: But nonnone of my vocabulariesvocabulary was wrong grammargrammatically wrong. Is incoherent vetuperationsvituperation grammatically wrong? And that is how I speak. I'm also a language artist artist. Haven't you heard language arts before? I at times create something to match my flow . Did you see any malapropism? I had A1 in English Literature. I can't even speak the way I used to, because my memory is now very bad. It became bad when I 'followed them test igbo' in the higher institution. Abeg no vex o. I'm not one of the canterkerouscantankerous elements in this forum. I'm always playing. Na una bring politics. Politics na dirty game na😁
semid4lyfe: Lol. Your profiling of me is so off. You think say na UniPort, Unilag, UI, Ife level be my institution. Even those universities only accomodate a tiny percentage of their staff on Campus.
Make I give you some context. ⬇️
I live in the capital city of the state. The university is in a rural community about 50 - 60 mins drive away. I no dey stroll from my home to the office.
Over 97% of staff live in the capital city and commute to work from there because staff accomodation on campus is almost non-existent. The few units that were built some years ago were cornered by the big ogas which they sublet to others at exorbitant rates.
The university community is not quite as developed. The power situation is terrible in the community (but my uni get steady light cos of solar plant wey GEJ give us when hin establish am )
Even young bachelors that started off living in the community eventually move to the capital city especially after marriage and when their kids want to start school to have good options.
Soft life no dey lecturing like that. Even now, as my uni dey semester break, I get over 500 scripts to mark across three courses with deadline to deliver. I get project student's wey I dey supervise, and read & correct their thesis
As per family levels, its just me & madam with our three kids, no domestic help or relatives living with us. Make I even yarn you sef, na me do omugwo for my wife when she drop #2 and #3.
Also, I do a lot of chores to keep the home running. Na me dey do dishes, Na me dey do school runs mostly. Na me dey sweep and mop house. Na me dey bathe kids morning and night. Na me dey iron clothes. Na me dey assist kids with assignments etc
Bottom line, I put in a lot of work in my job, and in the home. Nothing like soft life for my side. I no dey hypersexual and knacking no dey rule my mind. There are weeks I go without it. Oya, be disappointed.
Kudos chief, this is quite commendable.
Just out of curiosity, does madam contribute financially to the home (significantly)?
[quote author=BlueRayDick post=138923600]It's amusing seeing him write paragraphs upon paragraphs trying to use his theoretical knowledge based on assumptions to invalidate the transporters' practical experience.
Since yesterday I just dey read all his assumptions with amusement and chose to keep quite lest people think my agreement with the transporter's experience is based on my dislike for the incumbent government.
One of the major mistake he's making that flaws his argument is the fact that he thinks keke riders can increase their fares at the same rate buses, cabs and taxi drivers do. Most keke ply short distances that are within communities. Most of the routes keke ply are trekkable, so the moment u decide to increase the cost per trip from 200 to 400 because fuel which used to be N850 less than a month ago is now N1,300; majority of potential customers will trek. At some point you will be forced to reduce the price to say maybe N250 and this will definitely lead to a loss in the long run.(The reason why you would reduce the price is because you have limited time to work with ghe keke if you are not the owner. You won't sit on your fuel hoping a customer that will pay higher fare will come when you know you will give the Keke to someone else to work with in the evening)
Another major point he's overlooking is the fact that as at the time the guy made the video he just finished his first round of trips and needed to refuel only for him to discover he's only been able to gain N50 on the initial N5,000 he spent on fuel. That does not necessarily mean the guy will make N50 on the next N5,000 fuel he will buy because from thereon he will have to increase his fares which should increase his bottom line and that is if he sees customers desperate enough to patronize him based on the new price.(Of course, this will depend on how important where those guys are going and how unwilling they are to trek)
The bottom line is that Keke rider's story is not necessarily false considering those were his major trips that morning; he's more likely to adjust his price afterwards the moment he buys the next batch fuel to avoid running that day at a loss. And yes! There will be low patronage going forward ; some of the Keke riders may even decide to focus strictly on charter like people running provisions store chartering them to help carry their goods when they go to restock or food sellers ordering them to help ferry their wares to the market and back home in the evening.
Below is the video which may seem like cruise to anybody who isn't close to those in the lower rungs of the society, but things on the streets are far worse than people are saying on the internet. I can't even count the number of times men with families will strategically perch at car parks of malls, stores and supermarkets like Jendol, etc, approach you to please buy any food item for them to take to their families. Some would even hold one of their kids and you can see they don't even want money but just food to fill their belly.
If person dey talk online wetin person dey see regularly on the streets, he go be like person dey exaggerate to make the government look really really bad.
“I bought ₦5,000 fuel for my keke. By the time the fuel finished and I calculated everything, my profit was just ₦50.”
bolded is the major point, Keke's increase can't be like that of buses or korope. Keke along my route have increased prices from 150 to 200 and on one other route the price hasn't changed from 200.
Buses and Korope along the area have increased from 1000 to 1500 and 300 to 400.
Along my route their profit margins have shrunk.
However, keke's that operate long routes might still be in profit. Keke along another route increased from 500 to 700, they should still be in profit.
mikeapollo: After giving Egbetokun, a Yoruba man, an extended term as IGP contrary to the rules and law, it does not make any sense to give it to Tunde Disu, another Yoruba man, when there is someone like Frank Mba, who is very competent, articulate, credible, commands respect and confidence of the public and is not junior to the new IGP.
Frank Mba was a junior to Tunji Disu and enjoyed accelerated (double) promotion to DIG in order to fulfill federal character. Frank Mba's set/mates are still holding CP ranks.
HustlaOfLagos: I do not understand how a security concept as simple and basic as this is being deliberately convoluted
AGAIN, I will repeat
It is far easier to pay / socially engineer someone than to add listening devices / components that can be easily discovered to EVs. Less trouble, more info will be gathered and people can be gotten to spy for as little as promise to get passport, entry for their wards into exclusive private schools etc. It is also far easier to use Pegasus to spy on a nation state level than the EV car crap
A MOLE IS FAR LESS LIKELY TO BE DETECTED OR UNCOVERED AND GATHERS WAY MORE INFORMATION THAN A LISTENING DEVICE. HOW HARD IS THIS CONCEPT?!!
No sensible nation state actor in modern times will go the EV route & we all know why the "national security" crap is used when it comes to China
Lol I wonder why the possibility of EVs being used as spy devices seem impossible to you.
All countries use multiple means to gather information and spy on others, the cost isn't a bother. There are different methods for intelligence gathering - humans, tech, animals etc
Israel bugged pagers and used them to blow up Hezbollah. In this current war, Israel hacked and used Iran's street camera to monitor their securities in Iran.
In vault 7 leaks showed that CIA could turn smart gadgets into listening devices and control them.
izzou: I really don't want to be insensitive with that story, but his ransom talk is shady.
The same kidnappers that forced your people to charter a vehicle and bring the cash personally, are the ones that willingly provided an account for transfer
The same kidnappers that killed the tractor operator for just mentioning 2 million out of 50 million, are the same ones that collected 2 million from you, despite you being the only one remaining.
I only know that kidnappers can be traced through phone numbers. Na the first case of account number I dey hear like this.
I can't speak to the veracity of the story, was just stating that kidnappers collect cash a lot.
raumdeuter: Shehu Abubakar has a NIN tied to this bank account, why cant the money in Shehus name be held back by the bank or trace whoever he transfers it to and wait block all transactions from those accounts until they show up physically at a bank
If kidnapper know they cannot use Bank accounts to receive and send money, what will they ask for next? Physical cash in Ghana Must go?.
The basic way in law enforcement to crack crime is "Follow the money"
Kidnappers mostly request for cash, even during the exchange of school students for ransom, it's hard cash.
im not a pro and usually don’t monitor my orders like this, this one was coz im not sure if it would be speedaf,
2 days is too early for a worry i think.
If it was speedaf from the start i usually don’t bother to check until the day they will call, that’s why i likw temu, guaranteed speedaf😅 buh aliexpress sha🥲
I have an order on temu and another on AliExpress. AliExpress is by AESS but both orders have been stuck at the airport for 4days now.