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Sports / Re: "The Super Eagles Thread: The Road To AFCON 2023, 2025 And 2026 World Cup by 0zymandias: 11:11pm On Jun 20
TheGoodJoe:


Funny. Please, there is a reason why I have hammered the term heavy possession game. I don't expect every coach to play the same way.

2014 had all the possession lost to chile and Netherlands by a wide margin

2018 lost to Russia while maintaining all possession

2022 lost to Morocco all possession no results

2023 they found the winning formula in high pressing and fast counter- same method Germany is playing

Now you want us to play tiki taka when our boys can barely play 3 touch wow

5 Likes

Sports / Re: "The Super Eagles Thread: The Road To AFCON 2023, 2025 And 2026 World Cup by 0zymandias: 11:07pm On Jun 20
TheGoodJoe:


To grow. Not to be world cup champions in the first game. I wonder why simple points takes years to explain.

If we are to grow, we need to learn how to play possessively. It is a process. I did not say we should turn prime Barcelona overnight.

It starts from the coach and building the system. Scouting vigorously etc. If we walk that path, we will get better as timw goes on. Than expecting changes by sitting deep in our own half.

So why did spain suddenly ditched tiki taka

After it has failed them in 2014
2018 and 2022 and you want us to embody and carry on a failed system



Give up bro the rest of the world has caught up, nobody will look you while you’re holding possession they’ll press you and pounce on your errors

1 Like

Politics / Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Winnin009: 10:18pm On Jun 20
WrriterNg:




This is why i said you should read and research more.

Is North Korea currently fighting any war? The same North Korea got help from Russia in building their Nuclear and conventional arsenal. Ukraine also amassed large number of weapons but what happened to it?

All NATO countries including the US have emptied their weapons and ammunition stock during the course of this war. They say it everyday, it's on the news.

You're one of those people who think the war began in February 2022. The kind of person that only read headlines such as "Russia is begging China & NK for weapons".


I've been following this conflict since 2008, when NATO declared it's doors open to Ukraine and Georgia. Till 2014 after the maidan coup, when Ukraine started bombing ethnic Russians in the Donbas region.

Russia is fighting a war of attrition, and in a war of attrition what does one need? Ammunition and plenty of it.

So how does Russia do that without ruining it's economy? As we all know, wars are very expensive and this war is the largest and most ammo consuming since WWII.


Russia is playing the long game, they know that this war would most certainly drag on for years if not decades and that Ukraine will always be next to their doorstep.

With this in mind, Russia began buying DJI drones from China, Ballistic missiles, Kamikaze drones from Iran and ammunition from North Korea.

Why did they do that? They realized that it was cheaper to buy from Iran, China and North Korea, as these countries have vast amount of cheap and effective weapons, they might not be very accurate but they can be improved upon and will keep the war going.

A Russian Ballistic missile cost over $5 million per one. The same analog from Iran & North Korea cost only $50,000 per one.

Russian kamikaze drones go for about $70,000 per one but an Iranian one cost only $2000 while a Chinese drone cost about $3500. You can even find them on Aliexpress.


The Iranian kamikaze drones were so cheap and effective at evading western air defense systems worth billions of dollars, that Russia even had to setup a factory in Russia to mass produce those drones.

The over 11,000 containers of ammunition from North Korea cost Russia only $20,000,000. Ukraine buys a single container for about $2,000,000.

If you were Russia which one would you choose if you really plan on winning the war?

In wars quantity sometimes is quality. 20 cheap and outdated tanks will always win against 5 sophisticated and super expensive tanks.

Scour the web as hard as you can and you'll find that these are the only weapons Russia buys from China, North Korea and Iran.




All these buttresses my point about them being reliant on other nations for survival. The same kamikaze drones that couldn’t hit one target in Israel. Come on now!

NK never asked for Russia’s help; Putin asked for help and Kim asked for something in return(nuclear secrets). Same Putin that has been canvassing for support all around Asia.

That isn’t what being self sufficient is my bro.

Did you just say you can buy a military drone from aliexpress?! Lol. Kindly send me a link. Wanna see that for myself
Foreign Affairs / Re: Putin & Kim Jong-Un Drive Russian Aurus Senat Limo (Photo, Video) by Advision: 8:20pm On Jun 20
WrriterNg:


This is why i said you should read and research more.

Is North Korea currently fighting any war? The same North Korea got help from Russia in building their Nuclear and conventional arsenal. Ukraine also amassed large number of weapons but what happened to it?

All NATO countries including the US have emptied their weapons and ammunition stock during the course of this war. They say it everyday, it's on the news.

You're one of those people who think the war began in February 2022. The kind of person that only read headlines such as "Russia is begging China & NK for weapons".


[b]I've been following this conflict since 2008, when NATO declared it's doors open to Ukraine and Georgia. Till 2014 after the maidan coup, when Ukraine started bombing ethnic Russians in the Donbas region.

Russia is fighting a war of attrition, and in a war of attrition what does one need? Ammunition and plenty of it.
....

The kick of a dying horse and fable for fools.

Putin has an expansionist agenda to recreate the soviet union lite.

Unfortunately for him, this is not 1930s when the russia following up with the pact they had with hitler started claiming the baltic states.

Putin can continue seeking support and validation from cuba, iran, taliban, north korea, venuezuela, niger.

No respectable can stoop low to Putin's current level. He overplayed his card
Foreign Affairs / Re: Putin & Kim Jong-Un Drive Russian Aurus Senat Limo (Photo, Video) by WrriterNg: 7:34pm On Jun 20
Advision:


See Putin's life. Not only has he got to lick Xi's boot, he also need to lick Kim's boot and kiss his arse well for decrepit ammo.

This is why i said you should read and research more.

Is North Korea currently fighting any war? The same North Korea got help from Russia in building their Nuclear and conventional arsenal. Ukraine also amassed large number of weapons but what happened to it?

All NATO countries including the US have emptied their weapons and ammunition stock during the course of this war. They say it everyday, it's on the news.

You're one of those people who think the war began in February 2022. The kind of person that only read headlines such as "Russia is begging China & NK for weapons".


I've been following this conflict since 2008, when NATO declared it's doors open to Ukraine and Georgia. Till 2014 after the maidan coup, when Ukraine started bombing ethnic Russians in the Donbas region.

Russia is fighting a war of attrition, and in a war of attrition what does one need? Ammunition and plenty of it.

So how does Russia do that without ruining it's economy? As we all know, wars are very expensive and this war is the largest and most ammo consuming since WWII.


Russia is playing the long game, they know that this war would most certainly drag on for years if not decades and that Ukraine will always be next to their doorstep.

With this in mind, Russia began buying DJI drones from China, Ballistic missiles, Kamikaze drones from Iran and ammunition from North Korea.

Why did they do that? They realized that it was cheaper to buy from Iran, China and North Korea, as these countries have vast amount of cheap and effective weapons, they might not be very accurate but they can be improved upon and will keep the war going.

A Russian Ballistic missile cost over $5 million per one. The same analog from Iran & North Korea cost only $50,000 per one.

Russian kamikaze drones go for about $70,000 per one but an Iranian one cost only $2000 while a Chinese drone cost about $3500. You can even find them on Aliexpress.


The Iranian kamikaze drones were so cheap and effective at evading western air defense systems worth billions of dollars, that Russia even had to setup a factory in Russia to mass produce those drones.

The over 11,000 containers of ammunition from North Korea cost Russia only $20,000,000. Ukraine buys a single container for about $2,000,000.

If you were Russia which one would you choose if you really plan on winning the war?

In wars quantity sometimes is quality. 20 cheap and outdated tanks will always win against 5 sophisticated and super expensive tanks.

Scour the web as hard as you can and you'll find that these are the only weapons Russia buys from China, North Korea and Iran.

3 Likes

Romance / Re: Those Days When 10mb Dey Reach 7 Days (1 Week).. by hkidola00(m): 5:34pm On Jun 20
i say make tinubu die as e nack head hin head,make dem pour am sand on top...bye bye.....ive been on nairaland since 2014 dont quote me if you havent started seeing your wet dreams by then

1 Like

Politics / Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by manchy7531: 5:24pm On Jun 20
WrriterNg:




This is why i said you should read and research more.

Is North Korea currently fighting any war? The same North Korea got help from Russia in building their Nuclear and conventional arsenal. Ukraine also amassed large number of weapons but what happened to it?

All NATO countries including the US have emptied their weapons and ammunition stock during the course of this war. They say it everyday, it's on the news.

You're one of those people who think the war began in February 2022. The kind of person that only read headlines such as "Russia is begging China & NK for weapons".


I've been following this conflict since 2008, when NATO declared it's doors open to Ukraine and Georgia. Till 2014 after the maidan coup, when Ukraine started bombing ethnic Russians in the Donbas region.

Russia is fighting a war of attrition, and in a war of attrition what does one need? Ammunition and plenty of it.

So how does Russia do that without ruining it's economy? As we all know, wars are very expensive and this war is the largest and most ammo consuming since WWII.


Russia is playing the long game, they know that this war would most certainly drag on for years if not decades and because Ukraine will always be next to their doorstep.

With this in mind, Russia began buying DJI drones from China, Ballistic missiles, Kamikaze drones from Iran and ammunition from ammunition from North Korea.

Why did they do that? They realized that it was cheaper to buy from Iran, China and North Korea, as these countries have vast amount of cheap and effective weapons, they might not be very accurate but they can be improved upon and will keep the war going.

A Russian Ballistic missile cost over $5 million per one. The same analog from Iran & North Korea cost only $50,000 per one.

Russian kamikaze drones go for about $70,000 per one but an Iranian one cost only $2000 while a Chinese drone cost about $3500. You can even find them on Aliexpress.


The Iranian kamikaze drones were so cheap and effective at evading western air defense systems worth billions of dollars, that Russia even had to setup a factory in Russia to mass produce those drones.

The over 11,000 containers of ammunition from North Korea cost Russia only $20,000,000. Ukraine buys a single container for about $9,000,000.

If you were Russia which one would you choose if you really plan on winning the war?

In wars quantity sometimes is quality. 20 cheap and outdated tanks will always win over 5 sophisticated and super expensive tank.

Scour the web as hard as you can and you'll find that these are the only weapons Russia buys from China, North Korea and Iran.



Bro, leave these people. They know nothing outside the lies told to them by the MSM.

Weapons from Korea and Iran are very cheap, that is why Russia is buying them. These idiots don’t know there is what is called THE ECONOMICS OF WAR. Example of this is also seen in Russia’s increased use of its FAB bombs. These are old soviet unguided weapons converted to precision weapons. These weapons are very cheap and fast to produce en mass, and difficult to intercept.

War is basically centered on finance, tech and innovation.

Lastly, Russia hasn’t bought any weapon from China. Most of the drones gotten from China are civilian drones converted to military use, to which China has no control over. Even Ukraine uses Chinese DJI drones.

2 Likes 1 Share

Politics / Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by WrriterNg: 5:12pm On Jun 20
Winnin009:


Bro, this is just an attempt to launder the obvious.

A self sufficient nation needs no assistance because they are self sufficient; literally.

They don’t need trading with other nations or signing pacts to stay afloat.

Russia relying on China for weapons like drones and anti-aircraft shows a huge lack. Now North Korea?! Really?! That just reeks of desperation. Seeking help from the most politically isolated nation isn’t a sign of self sufficiency.



This is why i said you should read and research more.

Is North Korea currently fighting any war? The same North Korea got help from Russia in building their Nuclear and conventional arsenal. Ukraine also amassed large number of weapons but what happened to it?

All NATO countries including the US have emptied their weapons and ammunition stock during the course of this war. They say it everyday, it's on the news.

You're one of those people who think the war began in February 2022. The kind of person that only read headlines such as "Russia is begging China & NK for weapons".


I've been following this conflict since 2008, when NATO declared it's doors open to Ukraine and Georgia. Till 2014 after the maidan coup, when Ukraine started bombing ethnic Russians in the Donbas region.

Russia is fighting a war of attrition, and in a war of attrition what does one need? Ammunition and plenty of it.

So how does Russia do that without ruining it's economy? As we all know, wars are very expensive and this war is the largest and most ammo consuming since WWII.


Russia is playing the long game, they know that this war would most certainly drag on for years if not decades and that Ukraine will always be next to their doorstep.

With this in mind, Russia began buying DJI drones from China, Ballistic missiles, Kamikaze drones from Iran and ammunition from North Korea.

Why did they do that? They realized that it was cheaper to buy from Iran, China and North Korea, as these countries have vast amount of cheap and effective weapons, they might not be very accurate but they can be improved upon and will keep the war going.

A Russian Ballistic missile cost over $5 million per one. The same analog from Iran & North Korea cost only $50,000 per one.

Russian kamikaze drones go for about $70,000 per one but an Iranian one cost only $2000 while a Chinese drone cost about $3500. You can even find them on Aliexpress.


The Iranian kamikaze drones were so cheap and effective at evading western air defense systems worth billions of dollars, that Russia even had to setup a factory in Russia to mass produce those drones.

The over 11,000 containers of ammunition from North Korea cost Russia only $20,000,000. Ukraine buys a single container for about $2,000,000.

If you were Russia which one would you choose if you really plan on winning the war?

In wars quantity sometimes is quality. 20 cheap and outdated tanks will always win against 5 sophisticated and super expensive tanks.

Scour the web as hard as you can and you'll find that these are the only weapons Russia buys from China, North Korea and Iran.
TV/Movies / Re: What Movie Are You Watching Now? by kendrick93(m): 4:34pm On Jun 20
The Drop(2014) -7/10

Sports / Re: Interesting Facts About EURO 2024 by SportsHighLight: 4:08pm On Jun 20
SportsHighLight:
Xherdan Shaqiri has made 𝐇𝐈𝐒𝐓𝐎𝐑𝐘 by scoring in six consecutive major tournaments:

◾️World Cup 2014: ⚽️
◾️EURO 2016: ⚽️
◾️World Cup 2018: ⚽️
◾️EURO 2020: ⚽️⚽️⚽️
◾️World Cup 2022: ⚽️
◾️EURO 2024: ⚽️
Gareth Southgate is ready to throw his support behind Trent Alexander-Arnold and Phil Foden and give them another chance to start the match today to silence their doubters.

Politics / Governor Ododo Assents To Seven Bills, Describes New Set Of Laws by Sheezy(m): 3:15pm On Jun 20
Gov Ododo assents to 7 Bills, Describes New Set of Laws As People's Legislation



Kogi State Governor Ahmed Usman Ododo on Thursday signed seven bills into law with a charge to the people of the state to embrace the new laws in order to move Kogi forward.

The seven new laws include:

A Law to repeal and Re-enact the Kogi State Local Government Service Commission Law 2014 and fother matters connected therewith, 2024;

A Law to repeal and Re-enact the Kogi State Scholarship Board Edict, 1998 and other matters connected therewith, 2024;

A Law to establish the Kogi State Electricity Market and the Kogi State Electricity Regulatory Commission to Regulate Electricity Generation, Transmission, System Operation Distribution, Supply and Promote Access to Electricity in the State through increased Private Sector Investments or Public Private Partnership in Grid, Multi-Grid and other Off-grid Electricity Option using Renewable and Non-renewable Fuel Sources in the State and other Purposes Connected Therewith, 2024;

A Law to Establish the Kogi State Anti Corruption Agency and other matters connected therewith, 2024; the Kogi State Commodity Exchange, Export Promotion and Market Development Agency Law, 2024;

The Kogi State Information Technology Development Agency Law, 2024 and a the law to repeal and re-enact the Kogi State Mineral Resources Development Agency Law, 2015 and other matters connected there with, 2024.

In his remarks, Governor Ododo described the laws as people's laws ,stressing that the assent to the bills are in line with his promise to lead with transparency, accountability and fear of God.

The Governor noted that the new set of laws will serve as catalyst for the rapid social and economic development of Kogi State as they deal directly with critical aspects of the lives of the people.

“These laws combined together can be referred to as the people’s Acts. All the laws have direct bearing on the lives of our people and this is the reason why we are here.

“Let it be known that under my administration, nobody is above the law.

“This is in line with my promise to lead with the fear of God and to ensure that our resources work for the people of the state”, Governor Ododo assured.

The Governor enjoined the people of the state, especially those in positions of authority to embrace the new laws and be familiar with their provisions.

Ismaila Isah

Special Adviser on Media to the Kogi State Governor

June 20, 2024

Foreign Affairs / Re: Niger Republic Is Transforming Its Desert To Farmlands by sulaak(m): 3:14pm On Jun 20
Oxb90:
Weep not my country.

Peter Obi or someone like him will come someday to take up the steering of the Nigerian boat and we are going to rejoice then.

You do not expect something from someone who promised you nothing.

I no call anybody name.

What was PO's record on agriculture as governor of Anambra state between 2007 and 2014?
Foreign Affairs / Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by WrriterNg: 3:08pm On Jun 20
⚡The Prime Minister of the Netherlands, Mark Rutte will be the next Secretary General of NATO, with him set to Replace the current Secretary General, Jens Stoltenberg who has been in the Position since 2014.

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by delvzy(m): 1:07pm On Jun 20
By this logic it is only Ethiopia that seems to be the country growing at a steady rate while Nigeria seems to be on a serious decline.

megawealth01:
God help Nigeria

AFRICA'S LARGEST ECONOMIES - 2014, 2023, 2024

2014
1 🇳🇬Nigeria: $568.5 billion
2 🇿🇦South Africa: $381.2 billion
3 🇪🇬Egypt: $321.6 billion
4 🇩🇿Algeria: $238.9 billion
5 🇦🇴Angola: $145.7 billion

2023
1 🇪🇬Egypt: $393.9 billion
2 🇿🇦South Africa: $377.7 billion
3 🇳🇬Nigeria: $374.9 billion
4 🇩🇿Algeria: 244.7 billion
5 🇪🇹Ethiopia: $159.7 billion

2024 - Estimated
1 🇿🇦South Africa: $373.2 billion
2 🇪🇬Egypt: $347.6 billion
3 🇩🇿Algeria: $266.8 billion
4 🇳🇬Nigeria: $252.7 billion
5 🇪🇹Ethiopia: $205.1 billion

#Statisense
(IMF WEO Apr 2024)
Autos / Reasons Why You Should Buy My Registered 2014 Hyundia Genesis Today!! by WiseDon2(m): 12:10pm On Jun 20
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Career / Ntel Employs Former CEO Of MTN Nigeria by postbox: 11:55am On Jun 20
Adrian Wood, a former CEO of MTN Nigeria, has been appointed to run Ntel, a struggling telecoms business, in its attempt to restructure and rebrand.


Wood, who took over the role in January of this year in a stealthy manner, has revealed his intentions to seek $550 million from investors in order to rebuild the business. This was revealed by the newly appointed Ntel CEO in a June 5, 2024 letter to the workers, a copy of which Nairametrics was able to view.

Launched in 2016, Ntel is a division of the government-owned NITEL that was purchased by NATCOM Development and Investment Limited (NatCom). But over time, its fortune has diminished.



The manoeuvres for the comeback In a letter to the company’s employees, Wood outlined the actions he has taken since taking on the role of CEO in January of this year.


He stated, “On 21 May I visited the EVC/CEO of the Nigerian Communications Commission, Dr Aminu Maida. We had a very productive session about the forward plan for NatCom, our role in industry building, as well as the prospects for raising equity and debt capital to fund a complete new 4G/5G network design and rollout nationwide.


“In the background, I have been engaging with potential institutional investors. When the new financial business plan and offering document are ready soon, there will be a roadshow to raise (estimated) US$500 million to US$550 million, to restructure, rebuild and develop NatCom.

“Already, together with CIO Anthony Adegbola, one New York investment fund visited some of our Lagos facilities. With the visitor, I also had a positive meeting with the African Capital Alliance, one of Nigeria’s (and Africa’s) premier private equity funds groups. ACA was an early-stage investor in MTN Nigeria. They told us it remains their investment with the best returns, ever.

“Next week I will be seeing three other potential institutional investors.”

The investors on target, he continued, are focused on Africa, have offices in Nigeria, and have made investments in other sectors of the Nigerian economy. They are also looking to fund digital infrastructure initiatives.

However, he pointed out that obtaining significant financial commitments in multiple phases would need months of discussions. He stated that the company would use a facility from AMCON, a 55% shareholder in NatCom, before receiving fresh investments to go through the critical stages of project management office planning, new capital creation, and network rollout, before relaunching the business.

New Brand

Wood told the employees to be optimistic, but at the end of the ongoing reorganisation process, the company would have a new identity.

Assuring the staff, “There will be a set of business strategies that are fresh, innovative, and new to the market. There will be products and services, and service combinations, which do not exist in Nigeria at present. All technical systems and platforms will be constructed and rolled out nationwide, from the ground up. It will be an enormous undertaking – but we will prevail. I am sure of it.”

What You Should Know

The national fixed and mobile providers of Nigeria, NiTel/MTel, sold their main telecom assets to NatCom Development & Investment Ltd (NatCom) in 2014 under a managed liquidation process.

– The company called its first Voice-over-LTE (VoLTE) call in Lagos on Thursday, February 25, 2016, after making its first on-net test data call in Lagos on Monday, January 18, 2016.
– Notwithstanding these challenges, the company managed to establish complete network coverage in Abuja within the first six months of operation, subsequently extending to substantial portions of Lagos, Ogun, Nasarawa, and Niger states.
– It improved its self-care recharge through its website, introduced full VoLTE services, inked a historic agreement with Samsung, and revolutionised the broadband market with its lightning-fast and limitless data offerings.
– Industry observers, however, think that NTEL’s April 2016 4G service launch was a mistake because few customers at the time had 4G-capable phones, leaving NTEL to operate alone in a sparsely connected environment.

SOURCE:https://brandspurng.com/2024/06/20/ntel-employs-former-ceo-of-mtn-nigeria/

Sports / Re: Is Sports Betting A Skill Or Luck? Best Approach To Sports Betting by SportsHighLight: 10:36am On Jun 20
SportsHighLight:
Erik ten Hag on his contract situation with Manchester United:

"The club came to me while I was on holiday in Ibiza. They showed up on my doorstep and told me they wanted to continue with me.

They told me they spoke with Thomas Tuchel, but they eventually came to the conclusion that they already have the best manager. We still have to find an agreement for the new contract.
Xherdan Shaqiri has made 𝐇𝐈𝐒𝐓𝐎𝐑𝐘 by scoring in six consecutive major tournaments:

◾️World Cup 2014: ⚽️
◾️EURO 2016: ⚽️
◾️World Cup 2018: ⚽️
◾️EURO 2020: ⚽️⚽️⚽️
◾️World Cup 2022: ⚽️
◾️EURO 2024: ⚽️
Sports / Re: Interesting Facts About EURO 2024 by SportsHighLight: 10:34am On Jun 20
SportsHighLight:
Bayern submitted a second bid to Fulham worth €45m for João Palhinha on Tuesday, which still wasn't enough for the English club.

Fulham are unwilling to accept less than the fee that was agreed last summer (€58m plus €9m add-ons).
Xherdan Shaqiri has made 𝐇𝐈𝐒𝐓𝐎𝐑𝐘 by scoring in six consecutive major tournaments:

◾️World Cup 2014: ⚽️
◾️EURO 2016: ⚽️
◾️World Cup 2018: ⚽️
◾️EURO 2020: ⚽️⚽️⚽️
◾️World Cup 2022: ⚽️
◾️EURO 2024: ⚽️
Autos / Re: Cars Under $1000! by Export1: 9:45am On Jun 20
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Politics / Re: Court Directed Tinubu Govt And Nnamdi Kanu To Negotiate, Ipob Lawyer Clarifies. by gidgiddy: 8:50am On Jun 20
goodnessme1:
And Nigeria media twisted to make look like Kanu is no begging for negotiation.


Some that can't afford to buy beans now were even making noise beans this and that.





As for Nigeria media.


I remember Mazi Nnamdi Kanu words on Radio Biafra.

"Pay Nigeria journalist well and he will testify the goodness of Satan"Mazi Nnamdi Kanu 2014

Fear the Lagos/Ibadan expressway media and their Northern cohorts, they can twist anything to suit their narrative
Politics / Re: IPMAN: Dangote Could Crash Fuel Price To ₦‎515 by anonimi: 8:34am On Jun 20
Brushstrokes20:
Bullocks😏
If it ain't #300 or less, that is no crash!

You dey mind the 419ers and scammer vendors of hopeless hope!
How much was crude oil when Fashola was wailing for the reduction in petrol price? How much is it now?
What happened to Fashola's loud mouth since 2015

anthonykezy:
Oil slump: Bring down fuel price immediately, Fashola tells FG ON DECEMBER 7, 2014

Lagos—As the global oil prices slid further downward, Governor Babatunde Fashola of Lagos State, yesterday, asked the Federal Government to review downward the pump prices of Premium Motor Spirit, PMS,  from N97 per litre in the country in tandem with the slump in world oil price. President Jonathan and Gov Babatubde Fashola of Lagos The Organisation of Petroleum Exporting Countries, OPEC, had last Friday, on its website pegged the oil price at $66.27 per barrel.

Fashola who blasted FG for its reluctance to adjust the pump price of   PMS, made the remarks while addressing hundreds of youths at the  Lagos State and After School  Graduation Development Centre,  AGDC, IGNITE Employability Project 5, Ikeja. He lamented that Nigerians were not receiving fair treatment from the central government like others in oil producing nation.

Fashola said, “Now we should be enjoying cheap fuel if the price of oil has dropped globally. Even as we import the product, a major component has reduced in price and while this has reduced, the pump price of fuel in the country still remains the same. “Then something is wrong. If the price increases in the country when the price of oil goes up globally, then it should also reduce when the price of oil drops. “I understand that I am not an economist; they (Federal Government) are the economists. But I have some logic and common sense to ask critical questions. For instance, if one buy flour at N10 per kilogram, and the bread was sold at N1 per loaf. If the price of flour drops, the price of the bread should also change,” Fashola added.

The governor, therefore, urged President Goodluck Jonathan led administration to follow the footstep of other countries that have reduced the pump price of oil products for their citizens. Fashola noted that the oil sector of the country had not been improved to address challenges confronting the nation especially unemployment, saying “The economy is not doing well. Some of you (audience) are compelled to try to survive through whatever means.”

On how the oil sector would have addressed the unemployment challenges, he said. “If we are trying to build refinery with Dangote in Lekki Free Zone, LTZ, in Epe; and the construction alone would require 8, 000 workers. It means that they must get to work and back. So there is need for transportation service, there is need for food and other services during work and post construction. “So if we stop importing fuel, and start building refineries and doing other things right the economy will lift. If you build a gas grid for the country and rough estimate indicated that investing $5 billion, many businesses will began to get gas and some of the power installation can also convert to gas and others, there would be sudden positive effect on the country’s economy.”

Source: http://www.vanguardngr.com/2014/12/oil-slump-bring-fuel-price-immediately-fashola-tells-fg-2/

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Foreign Affairs / Re: Putin Gifts Kim Jong-un A Russian Bullet Proof Limousine "Aurus Senat" (photos) by TenQ: 7:55am On Jun 20
darediamond:

What USA have in superiority over Russia is Population not Science. Why is USA fighting RUSSIA in PROXY via NATO and now via UKRAIN if really america with her NATO NONSENSE alliance are up to the task against RUSSAI face-to-face?

I need answer to the raised question above RIGTH now....
I think it is the case of Oliver Twist

When Russia annexed Cremia in 2014, what did NATO do?

Practically nothing except for some lame economic sanctions.

Russia has now come for the whole of Ukraine and all the small neighbours of Russia are afraid (Finland and Sweden).

USA is helping Ukraine protect herself.


1. Is it right to abandon Ukraine to her fate with Russia?
2. Is it Right for Russia to invade a sovereign nation? What about dialogue?
Career / Economic Hardship: Workers Swoop On Their Pension Contributions by iwaeda: 7:52am On Jun 20
In apparent response to the biting hardship in the economy, the number of workers that made withdrawals from their voluntary contributions under their pension savings increased by 87.6 per cent in the first quarter of 2024, Q1’24.

Specifically, the number of workers that withdrew from their voluntary contributions went up to 1,302 in Q1’24, from 694 recorded in the preceding quarter, Q4’23.

Also, the value of funds withdrawn from the voluntary contributions increased by 160 per cent to N3.9 billion from N1.5 billion withdrawn in the previous quarter.

A breakdown of the first quarter report released by the National Pension Commission, PenCom, show that 1,259 workers who made the withdrawals were from the private sector, while 43 were from the public sector.

Voluntary Contributions are extra funds that a worker can opt to add to his/her mandatory pension contributions, or simply set aside as retirement savings.

The Pension Reform Act (PRA) 2014 allows employees to make voluntary contributions into their Retirement Savings Accounts, RSAs, in addition to their mandatory pension contributions, with the sole aim of enhancing their retirement benefits.

The report stated: “Approvals were granted to 1,302, RSA holders to access N3.9 billion of their voluntary contributions during the quarter under review while 24 were rejected due to incorrect computations. 1,259 RSA holders whose benefits were approved were from the private sector, while 43 were from the public sector.”

Meanwhile, on RSA holders request to access their pension savings for mortgage, the report stated: “A total of 1,390 RSA holders requested to access up to 25% of their RSA balances towards payment of equity contributions for residential mortgage during the quarter under review. Approvals were granted to 1,234 requests amounting to N10.5 billion, while 156 were rejected due to incorrect documentations. Out of the 1,234 applicants whose benefits were approved, 379 were from the private sector, while the remaining 855 were from the public sector.”

Further analysis of the report show that a total of 89,061 new RSAs were registered in different sectors in the quarter ended 31 March 2024.

Analysis of the RSA registrations across PFAs revealed that Stanbic IBTC Pension Managers had the largest market share of 23.9% of new registrations with 21,288 contributors registered, followed by Access Pensions Limited, which had 22.5% with 20,042 new contributors registered. ARM Pension Managers Ltd, Leadway Pensure PFA and Premium Pension followed with 8.4%, 7.1%, 7.0% of the new registrations during the quarter respectively. Consequently, the top five PFAs collectively held 68.8% while the bottom five PFAs recorded an aggregate of 4.3% of the 89,061 new RSAs registered in Q1’24.

https://www.vanguardngr.com/2024/06/economic-hardship-workers-swoop-on-their-pension-contributions/

3 Likes 1 Share

Politics / Re: 1922 Map Of Nigeria Showing The Major Ethnic Groups. by kalufelix(m): 11:27pm On Jun 19
Kanu already talked about all these tribes comprehensively and their letter "i correlation in a 2014 radio biafra broadcast..the 'ibo is just a tribe (a major one) 'igbo' is the language..all the various tribes share language and cultural affinity...why are 'one nigeria miscreants hell bent on dividing the south...e pain them say for 2024 ibos have their identities and cultures intact..no damnable emir or sarkki anywhere in the south and mosques are only found in barracks and small settlements with minimal speaker volume..lol
Culture / Re: Farooq Oreagba, Who Beat Cancer, Wins Hearts At Ojude Oba Day by Konquest: 10:58pm On Jun 19
FreeStuffsNG:

Meet Farooq Oreagba, a cancer survivor who stole the show with his charisma at the 2024 Ojude Oba Day celebration.

The stylish and charismatic Oreagba, a former Member of the Derivatives Product Advisory Committee of the Nigerian Stock Exchange, made a grand entrance on horseback, showcasing his unique fashion sense.


His viral photos and videos at the Ojude Oba festival captured the attention of netizens across Nigeria with some praising his sense of style and “steeze”.

One of the highlights of the festival was pictures and videos of Oreagba at the 2024 Ojude Oba Day, wearing a beautiful tattoo on his arm while rocking a full aso-oke agbada regalia.

Born in July 1966 in Ijebu-Ode, Ogun State, Oreagba started his educational journey in his hometown at Ijebu-Ode Grammar School before attending King’s College Lagos.

According to his profile on LinkedIn, he also acquired a degree at Edward Greenes College, Oxford in London.

He graduated from Oxford with distinction before returning to acquire a Bachelor of Engineering (BEng), Combined Engineering Studies from Coventry University (1985-1989).

He also stated that he acquired a BTec Diploma, in Business & Finance (1991 – 1993) from the University of East London.

Oreagba has also picked up numerous certifications from different educational institutions at home and abroad.

Over the last four decades, Oreagba has worked in the financial sector in Nigeria and abroad.

Oreagba is a former Member of the Derivatives Product Advisory Committee of the Nigerian Stock Exchange.

He, however, stepped away from his role amid his fight with bone and skin cancer.

In April 2014, Oreagba was diagnosed with osteosarcoma and carcinoma, which, in simpler terms, can be translated to mean bone marrow and skin cancer, respectively.

He had a complete remission on February 3, 2015, and was declared cancer-free and healthy in 2017.


Oreagba is currently the managing director of NG Clearing Limited.

He was appointed MD/CEO of NG Clearing Limited in September 2023.

This appointment came nearly six years after Oreagba had to step away from the financial sector due to health issues.

https://punchng.com/pictorial-meet-farooq-oreagba-who-beats-cancer-wins-hearts-at-ojude-oba-day/
Farooq Oreagba.

Salute to the Ijebu Ode-born, United Kingdom-educated investment banker and cancer survivor. I appreciate Farooq for sharing his profound experience in that video as a cancer survivor.

He got swag. Very fashionable with a sense of style and legit alpha male confidence.


I watched the full engaging video before even commenting on this thread. Impressive takes!

https://www.youtube.com/watch?v=umUEy_TlHXk?si=sMTVmN7yeC8LmSU9

4 Likes 3 Shares

Autos / Registered Toyota Venza 2014 by Fkehinde(f): 10:54pm On Jun 19
Registered Toyota Venza 2014.

Price: 10.9
Fullest option
Panoramic
Location: Bucknor

Call or WhatsApp 08162000413

Culture / Farooq Oreagba, Who Beat Cancer, Wins Hearts At Ojude Oba Day by FreeStuffsNG: 8:56pm On Jun 19
Meet Farooq Oreagba, a cancer survivor who stole the show with his charisma at the 2024 Ojude Oba Day celebration.

The stylish and charismatic Oreagba, a former Member of the Derivatives Product Advisory Committee of the Nigerian Stock Exchange, made a grand entrance on horseback, showcasing his unique fashion sense.


His viral photos and videos at the Ojude Oba festival captured the attention of netizens across Nigeria with some praising his sense of style and “steeze”.

One of the highlights of the festival was pictures and videos of Oreagba at the 2024 Ojude Oba Day, wearing a beautiful tattoo on his arm while rocking a full aso-oke agbada regalia.

Born in July 1966 in Ijebu-Ode, Ogun State, Oreagba started his educational journey in his hometown at Ijebu-Ode Grammar School before attending King’s College Lagos.

According to his profile on LinkedIn, he also acquired a degree at Edward Greenes College, Oxford in London.

He graduated from Oxford with distinction before returning to acquire a Bachelor of Engineering (BEng), Combined Engineering Studies from Coventry University (1985-1989).

He also stated that he acquired a BTec Diploma, in Business & Finance (1991 – 1993) from the University of East London.

Oreagba has also picked up numerous certifications from different educational institutions at home and abroad.

Over the last four decades, Oreagba has worked in the financial sector in Nigeria and abroad.

Oreagba is a former Member of the Derivatives Product Advisory Committee of the Nigerian Stock Exchange.

He, however, stepped away from his role amid his fight with bone and skin cancer.

In April 2014, Oreagba was diagnosed with osteosarcoma and carcinoma, which, in simpler terms, can be translated to mean bone marrow and skin cancer, respectively.

He had a complete remission on February 3, 2015, and was declared cancer-free and healthy in 2017.


Oreagba is currently the managing director of NG Clearing Limited.

He was appointed MD/CEO of NG Clearing Limited in September 2023.

This appointment came nearly six years after Oreagba had to step away from the financial sector due to health issues.

https://punchng.com/pictorial-meet-farooq-oreagba-who-beats-cancer-wins-hearts-at-ojude-oba-day/

87 Likes 9 Shares

Politics / Re: Nnamdi Kanu Debunks Seeking Negotiation With FG - Video by Cabalgeneral: 8:56pm On Jun 19
goodnessme1:
Only Kanu's smiles here will make some to drink otapiapia.




As for the other news .
Pay Nigeria journalist well and he will testify the goodness of Satan~Mazi Nnamdi Kanu 2014







Empty proud

2 Likes

European Football (EPL, UEFA, La Liga) / Re: EPL Chatroom - All Discussions by Theflint1(m): 8:37pm On Jun 19
raumdeuter:


Side chics get benefit when they are actively being used, Your sidechic of 2014, shey you still dey call am? But if to say you don marry am in 2014, its your responsibility for life. The usefulness of a sidechic is when you are actively being nacked, once that is over nothing for you. Ned Nwoko assuming he has 7 wives, he fit never nack the 1st or 2nd wife in the last 5yrs but he steadily provides for them. Imagine say na sidechic dem be

By the time the sidechic of 2014, assuming age 30 get passed around for 20yrs she go be 50yrs who will want a sidechic of 50yrs

Does anyone here remember the Adenuga sidechic / Personal secretary, 30yrs sidechic. that was chased out of her luxury house that Adenuga bought for her, If she had married him as 2nd wife she would be secure for life.
That is the video below. In the olden days a man rich like Mike Adenuga, Davido, Wizkid will each mop up 10 women each from the society, All those IG baddies for don willingly report to these men house, but Now all those odogwus dey claim 1 wife while nacking plenty outside


https://www.youtube.com/watch?v=0LXR6LwafPI

Can you compare what Shade Okoya has benfited from her husband in the last 25yrs to what she for get as sidechic of max 5 to 10yrs

As it is now, even property dem go follow share
These billionaires na deep pockets, outliers in the general population.

The people I get for mind na your regular business man or company exec wey dey take like 1m home each month. That kin person with Side chick go dey shell minimum 150k each month for the duration of the relationship...say the man get an as side chick no stop the girl from getting two more like that, plus serious boyfriend wey she fit marry at the end of her game period. I don't even think girl doing side chick paroles stops her from marrying if she plays her game well no use am as identity.
European Football (EPL, UEFA, La Liga) / Re: EPL Chatroom - All Discussions by FavoredbyGOD: 8:22pm On Jun 19
raumdeuter:


Side chics get benefit when they are actively being used, Your sidechic of 2014, shey you still dey call am? But if to say you don marry am in 2014, its your responsibility for life. The usefulness of a sidechic is when you are actively being nacked, once that is over nothing for you. Ned Nwoko assuming he has 7 wives, he fit never nack the 1st or 2nd wife in the last 5yrs but he steadily provides for them. Imagine say na sidechic dem be

By the time the sidechic of 2014, assuming age 30 get passed around for 20yrs she go be 50yrs who will want a sidechic of 50yrs

Does anyone here remember the Adenuga sidechic / Personal secretary, 30yrs sidechic. that was chased out of her luxury house that Adenuga bought for her, If she had married him as 2nd wife she would be secure for life.
That is the video below. In the olden days a man rich like Mike Adenuga, Davido, Wizkid will each mop up 10 women each from the society, All those IG baddies for don willingly report to these men house, but Now all those odogwus dey claim 1 wife while nacking plenty outside


https://www.youtube.com/watch?v=0LXR6LwafPI

Can you compare what Shade Okoya has benfited from her husband in the last 25yrs to what she for get as sidechic of max 5 to 10yrs

As it is now, even property dem go follow share

You are very intelligent sir

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