₦airaland Forum

LordYon08:
Now I know most people commenting on Topics knows nothing about it. If you know how strict NYSC data base is setup. And their patterns of operation, you’ll appreciate them and know there’s nothing like ghost Corper. I have been to many offices and I see how they can’t even make any decisions without a board meetings.

Things could have changed in recent times but these are live experiences. Is it not Nigerian civil service? Forget it. I can tell my NYSC experience because I wanted to experience it myself by myself. Some people were too much in a hurry and thought it was a waste of their lives. Is it not funny that the abroad people we like to copy also have a gap year where they want you to take a break and see life for yourself and find out if there is something that interests you. Of course, NYSC is not the same but looking back, I am happy I did it. I can look back now and tell my story. I got to know about those people who serve every year through life experience, this one is not someone telling me. You will see it in their faces sef when someone is so old and you are wondering why he is still serving but they know the system. Doesn't FG have ghost workers? Corruption is a cancer to us.

E be like say you have forgotten what happened to Dimeji Bankole and the former Finance Minister, that lady that came from UK, I've forgotten her name. Kemi something

On November 1, 2007, Dimeji Bankole made history as the youngest Speaker of the Nigerian House of Representatives, but his historic achievement was quickly challenged when serious allegations surfaced on November 7, 2007, claiming he had evaded the mandatory National Youth Service Corps (NYSC) scheme. Political opponents sought to exploit the legislature's recent leadership transition by asserting that the 37-year-old graduate had completely bypassed the compulsory year of civic service required of all Nigerian university graduates. The sudden controversy threatened to derail his new administration before it could even begin, prompting intense public scrutiny over his credentials.

Bankole swiftly neutralized the political storm on November 9, 2007, by making his official discharge credentials public, as archived in his biography, and proving he had successfully completed his national service in December 1998. He detailed his service history, explaining that he concluded his primary assignment at West African Aluminium Products Limited after an initial deployment to the National Human Rights Commission. Supported by photographic evidence of himself in the uniform and corroborated by former campmates from the Abuja Kubwa orientation camp, Bankole completely vindicated his reputation, shutting down the rumors and solidifying his hold on the speakership.

I posted a few weeks ago that the BTS band members went for service; the Tottenham player had to serve his country in the Olympics for exemption (remember Chioma Ajunwa our first gold medalist was a police officer). What NYSC needs is to address the PPA career mismatch, welfare and insecurity. NYSC is a life experience for you to learn something new and I appreciate the program, it's not everything in life that is corporate or within formal organized systems. Many ignorant comments you see online is because some people never left their comfort zone and only know Nigeria from south or north. By trying to manipulate the system in fixing things, we are only shortchanging ourselves. That program alone can revive national spirit if managed well. Kudos to the administrators for trying their best despite the loopholes and we need to stop these pests around the government who want to reform things for their selfish benefits in awarding contracts.

You APC guys are crazy. Very crazy. Because it's you're not, you won't turn a national tragedy into political bandirty masturbatind with Obi's name. Obi put them in the bush or told your government not to rescue them? Can you see how insane and stoppeed you are? You don't even care about those children, it's all politics for you. Spits

jojothaiv:
I find this hard to believe, I'm not saying it's not possible though because the reality in Nigeria is anything is possible if you know who and who to approach.

I know it sounds ridiculous and someone quoted me about Senate list and all of that, what they don't know is that the corpers allowance is what drives them to do this. They are on government's payroll every year.

If someone else can represent you for a year (impersonation, what is hard in drawing from FG's payroll?

Zayttoven:
Nice to see her driving and moving about without security

That's the way life is supposed to be, not being imprisoned by your own existence.

PEXBlog:
My brother. I sent a message to your mail. Awaiting your response.

No need to put your email, I will check. Thanks

OP what about those who are permanent corpers? They do POP every year and come back into the system. It's such a mess.

He's not black, he's not white. He's African

SixSeven:
He is not black, he is brown-skinned . Thank you.


https://www.tiktok.com/video/7327131838567173418

When setting exam questions and to work against bots or probabilities, the examiner needs to set questions and answer choices that are spread. Large testing bodies use strict automated software to ensure an even distribution of answer choices. But I have experienced this thing before where the AI chose D in most of the options With the way the exam is written today, was that part of their quality control?

An exam can become less reliable if the correct answers follow a predictable pattern, such as having the same answer option appear repeatedly. A student may notice the pattern and use it as a shortcut, which means the test could measure test-taking strategy rather than only knowledge of the subject.

This issue is related to the concept of test-wiseness, which describes the ability of students to use features of a test, such as the format, wording, or structure of questions, to improve their scores. Researchers in educational measurement have studied test-wiseness and recognize that poorly designed tests can unintentionally provide clues that help some students answer correctly without fully knowing the material.

For this reason, professional test developers avoid creating unnecessary patterns in answer choices. They review the placement of correct answers and the design of distractors to reduce unintended clues and make sure the exam better measures the knowledge or skill it is intended to assess.

Good exam design avoids predictable answer patterns because they can reward test-taking strategies instead of subject knowledge.

Gotocourt:
Like introduced a new level of dirty Politricks never seen before.

You remind me of what I once wrote 👇

Gotocourt:
Wike is behind the scene, Atiku should forget it🤷🏿.

Wike has no option than to back Tinubu is what it sounds like. Atiku is Tinubu's opponent, Wike also became Atiku's opponent. Tinubu found that my enemy's enemy could be my friend, this is why he can't let him go. He is very useful for his type of politics. Buying houses for judges and trying to wet ground 🤡 Corruption 26

Repost

He learned it from the so-called democratic or progressive man 🤡, his boss, Concensus. For Bola to stake his head in Rivers and declare a state of emergency but he never did in Plateau, Niger and everywhere else there has been mass killing is proof that politics is his favorite subject, not governance. Wike is proof that Bola is not a true democrat and the power he has today is for his selfish reasons. This further confirms that Tinubu did not win Rivers state so he has to use force in the state.

Tinubu's path to victory is

1. Voter apathy

2. Divided opposition

3. Force/threat (he has been using this in Lagos for long but with federal resources, he now has governors like Okpebolo, Wike, SP Akpabio who's always assuring that he will win and others to threaten people to vote him or else)

4. Money (what's your price? This is why he and Atiku are two sides of a coin. In a poor corrupt country with little morals, many are willing to sell their convictions for the highest bidder)

5. Propaganda (gaslighting, see how they celebrate the uncompleted coastal road, they will accept no responsibility but blame everyone else using religion, tribe and other distraction from the main issue). The way they counted fake millions of vote is gaslight in. Gaslighting is the manipulation by psychological means of a person (or group) which causes them to doubt themselves, their capabilities or their sense of reality.

SixSeven:
Didn't they say he is a democrat? A builder of men? A visionary? That man is just a greedy old man. Who was it that said if you let Tinubu in, he will grab more than he can take? Think about being a landlord of Lagos and Rivers 🤡

The greedy can never be satisfied. What they condemned when they were in opposition, now they are doing it.

https://www.youtube.com/watch?v=DtjpjOPjuUk

Those who wanted to rewrite his story just made me chuckle. Guy didn't want Fashola serve a second term simply because he wanted to be President. He didn't want anyone to have a record to be compared to him or outshine him. They are just lucky Fashola did not show craze like Ambode did, someone they eventually sent away under the guise of GAC. They now claimed that he made Fashola, he built Lagos, Ambode did not follow master plan. You see how their stories are not consistent. They then called Osinbajo a betrayer. These ones are lords and serfs. Those who refuse to learn history are doomed to repeat it

Amaechi's Defection To APC Is Root Of Rivers State Crisis -- Wike Pt.1

https://www.youtube.com/watch?v=WWaYorTOuZc?si=KB-Qbb9SJ5X5AYK-

Can you now see the big picture on why Bola holds on to Wike? Lagos, Kano and Rivers are important states. The NNPP governor that went to APC and they thought they had it in the bag, the Lagos government they have been holding for years and now Rivers will still not give them the rigging they desire.

The Wike that was expelled or the Wike that is APCPDP. If he has any honor, he would resign but our politicians today no send you, they are shameless like the S in a broken Samsung

clockwisereport:
You made mention of lack of technicians to maintain the complex machines in your opening remarks. Don't you think lacktechnical know how is still a problem of industrialization is Nigeria till this day?

Of course. Fashola said it as Governor and I think Works Minister that we can't keep giving foreigners big projects without passing on some of the things we learned to our people. I don't know, we don't like ourselves, it's just unfortunate. The Ajaokuta refineries is a prime example, made in Russia, now that Chinese have come, they will write all the technical information in their language and hand over the product to you

You will pay them to either interpret what they wrote or pay them to learn their language so you can understand.

Adeoye11:
Nice story and thank you for the piece.
I would like to ask that was Nigeria created to kill industries?
If we are not careful many industries running today too may likely face this kind of trial and tribulation.
Which I ask again that for such a nice company as such why can't the government step in and sell lease it to private investors.
See what ceramics is saying now.
God why

Please see the article below 👇

Nigeria's manufacturing sector experienced a long period of de-industrialization that began in the 1980s and continued through the 1990s and 2000s. Before this decline, the country had one of Africa's largest industrial bases, with a thriving textile industry and factories producing tyres, plastics, household goods, and other manufactured products. At its peak, Nigeria's textile industry included around 175 textile mills and provided direct employment for hundreds of thousands of workers, making it one of the country's largest formal employers.

During the 2000s, the manufacturing sector came under increasing pressure. Hundreds of Nigerian manufacturing companies either shut down or became distressed as they struggled with rising production costs, unreliable infrastructure, and growing competition from imported goods. The textile industry was among the hardest hit, with many mills closing and thousands of workers losing their jobs, particularly in industrial centres such as Kaduna, Kano, and Lagos.

Several factors contributed to this decline. Nigeria's return to democratic rule in 1999 coincided with continued trade liberalization and greater integration into the global economy. The end of global textile quotas in January 2005 increased competition from lower-cost textile producers, especially in Asia. At the same time, widespread smuggling and weak enforcement of import regulations allowed large volumes of cheaper textiles to enter Nigerian markets, making it increasingly difficult for local manufacturers to compete.

Another major challenge was the country's inadequate electricity supply. Throughout the early 2000s, available power generation often remained below 3,000 megawatts for a population of more than 120 million people. Frequent power outages forced many manufacturers to rely on diesel generators, significantly increasing production costs and reducing their competitiveness.

Nigeria's heavy dependence on crude oil exports also contributed to the weakening of manufacturing. As global oil prices rose during the 2000s, oil revenues became the dominant source of government income and foreign exchange. Economists have argued that this dependence reduced incentives to diversify the economy and invest sufficiently in infrastructure and industrial development. As a result, Nigeria became increasingly reliant on imported manufactured goods while exporting crude oil, making it more difficult for domestic industries to recover and expand.

We have had SAP, trade liberalization policies and end of the global textile quota system in 2005 have made it increasingly difficult for these companies to survive and thrive. Recently we are talking about the NYSC khaki. It is very embarrassing to know that they are imported

We are not deliberate as a country. We just do things anyhow without a plan. Even the adire that is local to our people has been taken up by you know who! And they receive government support.

Fujiyama:
^^^
BAT can't risk frequent media chats. He will score several spectacular own goals.


https://www.youtube.com/watch?v=lYCxnDwdMw8

Even with extremely friendly, overly deferential interviewers, he hasn't done well at all. How will he fare against the Mehdi Hassans of this world?

Most of our leaders are protected, right from Obasanjo's time. It has just gotten progressively worse. Obasanjo was his own man that he could go to BBC Hard Talk and give it back to Sackur. I still feel embarrassed they let Jonathan talk to Amanpour in the cold just because we have very bad advisers. We do not like ourselves. We don't need foreign media when the people who elected them are Nigerians but we don't learn. Isn't there news this government is paying US PR money to spin their narratives and even Atiku is also said to be doing the same? It's sad that we prefer to look good outside than inside. Back to your comment, all he needs is use NTA, they will ask him their prepared questions. Buhari spoke to Arise and they called it exclusive. It is so sad. It is one of the things destroying this country when the person leading you is not telling you where he is going. Wc don't know the President's mind, we are all confused. For the past 11 years, we have had Presidents distanced from us and I won't blame APC alone. When Jonathan saw how they were using it to attack him, I am sure his advisers told him to stop doing media chats because it started towards the end of his tenure.

Taal17:
I

This would make a good business study for a post grad class.
Lessons learned and what could have been done

Some things that comes to mind are
Nigergrob getting partners so business is shared
Possible future plans to set up their own power plant/source. Especially since just 7 yrs after the closed in 2014 the changes in the electricity act allowed for companies to do that
Then they shouldn't have gone to court with UBA

2007 is not a long time ago.

I recall on a trip from Osun to Ibadan I saw a few factories like this along the back roads closer to Ibadan around the Iwo aide

Do you think new investors can get it fixed? Funding with some young hungry people who are serious about business and can be guided because we all say tech tech tech but we can't eat tech. Those things are mainly services, we still need to produce and manufacture, sell and then export. Speaking about factories you saw, 20 years ago, some people warned that we can't be seeing factories close down or see religious houses taking over closed factories and think it's progress.

chieveboy:
Everyone creates their reality.

Pegging your failures on a political party is a folly which based on the laws of manifestation will invite more failure.

.
The earlier you realize that what politicians do affects you, the faster you wake up from your bubble.

The major problem that I think will work against Atiku and Tinubu is not speaking to the people themsleves. It will affect them.

They are still using the old playbook in a time where the youth have access to the internet and social media and want to hear from you directly. Whether it is Onanuga, Bwala, Kenneth or Momodu, one thing you will observe is that they draw attention away from their principal and start talking about things that will make people hate their principal. I posted it once here before how Trump talks more to Americans than our President, the Trump that is fighting war o. I just finished watching Chude's interview and heard them mentioning Modi of India. Now I will quote the comment I made in March and you can see that it's true. You can never be too busy for your people, talk down at them or behave like you are a god.

SixSeven:
APC wants to sell us a dummy.

While Tinubu's single media chat in late 2024 was a comprehensive session involving multiple major Nigerian and international outlets (Arise News, Channels TV, Bloomberg), it remains an infrequent occurrence compared to the daily or weekly media availability common in many other G20 and emerging economy nations.

Regarding the spokesperson, I have written it before. There is no need repeating myself.

WantsandMore:
You the number one culprit; Margin Call, Without a good margin a good business dies and can't survive import pressure.

I am aware that the management of a company too can make bad decisions but there is an article that The Guardian produced that can give everyone an idea about this industry. We have to be honest, our government has been failing the manufacturing sector. They need all the support they can get because they alone can help employ a lot of people and reduce unemployment. The Chinese coming in have government support that's why our problems look like chicken change to them, government is actively supporting them. Are our governments doing that?


1. How to revamp Nigeria's moribund ceramic industry, by Oaikhinan
Jul 27, 2015

https://guardian.ng/business-services/how-to-revamp-nigerias-moribund-ceramic-industry-by-oaikhinan/

2. ‘Why Nigeria is missing out in $408b global ceramic industry’ By : Kingsley Jeremiah
Date: 22 June 2017 5:15am WAT

https://guardian.ng/business-services/why-nigeria-is-missing-out-in-408b-global-ceramic-industry/

3. Experts urge FG to develop $47.7b ceramics market
By : Victor Gbonegun
Date: 2 December 2019 4:04am WAT

https://guardian.ng/property/experts-urge-fg-to-develop-47-7b-ceramics-market/

IamPatriotic:
Anyone that is quick to recommend divorce in situations like this is definitely not a married man.

Okay, let me see your recommendations

He has time for interrogation. Just send the chapter and be glad you were not killed in the process.

I dare the government to release the financiers of the terrorists. The full list please.

emoneyrano:
We know they are being used to fund many of them and their kids lifestyles

kelechi50:
Late Kola Olawuyi remains widely regarded as one of the pioneers of investigative broadcasting in Southwest Nigeria. Through his popular radio and television programmes, Iriri Aye and Nnkan Nbe, he exposed criminal activities, ritual killings, fraud, and other social vices, earning widespread respect for his fearless journalism and unwavering commitment to justice.

Why is it that nobody has taken up his investigative journalism in southwest.
I'm one of his fans then.

What he did then is what prophet Goodluck is doing now life and direct. Just log into Facebook and type Eneh Unusual TV.

It's not worth the risks. Nigerians also don't appreciate facts, they love their emotions and gossip. Even when you show them the facts, they will deny it and change the topic.

happney65:
You people and throwing lies. It was LCDA he created and not new local governments as you can't create new LG. That is the purview of the FG. Other states in the SW also did the same.

And no he didn't birth any rail system. The rail system has been done,paid for by lateef jakande who till today is still the best Govornor of Lagos state before Buhari came and cancelled it. Fashola only dusted it and continued from where Jakande stopped

Tinubu didn't do shit about the Lagos rail system. It was fashola and that was why fashola was used as poster boy for the then AC in 2011 elections in the SW.

Man was so good he was used as poster boy because the difference was there for everybody to see.

P.S Tinubu didn't even want to give fashola a return ticket before elders prevailed on him not to and fashola himself was threatening to decamp

But some of you born yesterday.some of you who just started reading the news in the era of Social Media do not even know how things were before now

Tinubu's administration was only for agberos,thugs and the likes and nothing else. He didn't do anything spectacular apart from what other SW states did. Other SW states that didn't get 1/3 of the money Lagos had so what the hell are you saying?

I don't even think the person you responded knew the story of why it was LCDA and Tinubu vs Obasanjo saga. I think too many people have kept quiet so you now see them even asking for pictures in 1999-2007 or automatically responding to any comment like you are from the South East. It's sad how our politicians have turned our young people to online forum army instead of giving them jobs and quality education that would have made their lives better. You can see through the comments that on this one, they don't even know what they are talking about because history was once removed from our curriculum

Some months ago I remember seeing a thread here trying to claim that Tinubu changed Oshodi and they backdated the date to 2003 when it was very clear to living things at that time that Fashola brought that change and Lagos was dirty under Tinubu and there was insecurity

SixSeven:
Great credit must go to Babatunde Raji Fashola For this cleanup before the people trying to rewrite history grab it, snatch it and run away with a revisionist history. See how they have adjusted the date to 2003 to make it look like it was Tinubu's work. Ole!!! This picture used to be 2007 vs any other date, now they are changing it and taking someone else's work just as they took Donald Duke's photo. What a person you must be not to be proud of who you are that you have to steal what belongs to others.

It was one of the first few works that BRF used as a signature of his organization as an administrator and performance as a Governor. Despite all these, the so-called builder of Lagos wanted him out in 2011 because in the laws of power, you cannot outshine the master. Those who knew it was because this man wanted to claim some credit for Lagos while on his pursuit of the Presidency just smiled. Ko si bi ẹ ṣe fẹ ṣe, all una lies na 💯. Just pray your loyalty is not tested as BRF said. This is Fashola's work and he was committed to his work on making Lagos a mega city.

Let no one deceive you with any master plan. The state could not sustain this achievement 2x, under Ambode and now Sanwoolu 🤡


Managing Lagos' Environment with Governor Babatunde Raji Fashola

https://www.youtube.com/watch?v=fe1WmK3BCkw


This was Fashola at the LSE giving his agenda on environmental issues and how he had managed it. All Una lies go break, you can fool some of the people ALL of the time, you can't fool all of the people ALL the time.
Lagos: Confronting Change in a Global Megacity

https://www.youtube.com/watch?v=rwjhZRYukKQ

The joke is on Nigerians who went for a man without a clear history and dodgy stories

SixSeven:
Last weekend, Nairaland members told me that Seyi Tinubu was born into wealth because his father was a billionaire. I asked them for the work his father did, they told me I was jealous, I should tell my dad to go and be a billionaire and all balablue explanations. They told me his father funded NADECO, one even said that if you know what his father made when he was in USA, the same man who told us he was a gypsy cab driver and he will never forget how a Naval officer slapped him Then they told us he worked for Deloitte as an auditor, he worked for Mobil, he was a Senator 🤡🤡😂😂😂😂

Bola Tinubu: My Life As A Cab Driver And Security Guard: PM News - Politics - Nairaland
https://www.nairaland.com/3022845/bola-tinubu-life-cab-driver

I told them Lateef Jakande was also a Governor for just one term. I also told them Fashola had gone back to practice. Abeg which industry Tinubu get. I won't look down on anyone who does honest work, so if you make your money from selling akara, I respect you but if you sell akara for morning and do blood work for night, I👟They abuse me tire but I no send their papa, anyone who has no credibility has no respect. If you like let him have trillion dollars, he ain't got any respect for me. Elon, Dangote, Cosmas Maduka, Abiola, even if you think they got favors, they all HAD COMPANIES you can trace. They never also got into public treasury. Keep defending your oppresors while they steal from your children's inheritance. You go explain taya

The other day, I had to school one of them that the so-called successes of the builders of Lagos is still not up to what Jakande did in 4 years and that is a slap on APC as a party.

SixSeven:
Fact-checking current data from authoritative Nigerian news sources shows that the Sanwo-Olu administration has delivered 10,623 housing units over its seven years in office (2019-2026), which is a completely different scale of speed and volume compared to the historic, unmatched performance of Alhaji Lateef Jakande, who constructed over 30,000 low-cost housing units in just four years (1979-1983).

Independent reports estimate Lagos' housing gap at over 3.3 million units due to intense rural-urban migration. The current goal of 2,000 units in Sangotedo and Adesanya serves as a micro-fix rather than a structural solution to this deficit. The government has a projected ultimate goal of reaching 14,022 total home units by the time Sanwo-Olu's tenure concludes, relying heavily on the completion of the 2,000 lagging units currently stalled under contractors in Sangotedo and Abraham Adesanya. During the Jakande administration (1979-1983), the population of Lagos was approximately 2.5 million to 2.7 million people; today, in 2026, the population has ballooned to an estimated 17.8 million to over 21 million people depending on the demographic model used.

How we've not been able to beat a benchmark set over 50 years ago is surprising to me.

Asking why it has been impossible for the successive governments to surpass Jakande's fear, one of the factors was👇

Then: Jakande ran a purely socialist, welfare-driven governance model. The state built uniform, low-cost concrete blocks meant strictly to house the working- class mass public. Profit was not an objective.

Now: The Lagos State Government relies heavily on Public-Private Partnerships (PPPs). Private developers demand profit margins and targeted returns. Consequently, modern projects focus on mixed-income or premium housing to recoup private investments, making the construction of tens of thousands of "free" or low-cost units financially unviable for corporate partners.

Yes, a fundamental shift in political will is a massive factor. While economic constraints, population surges, and land scarcity are real, public policy analysts, real estate experts, and political figures like former Vice President Yemi Osinbajo explicitly point out that massive housing delivery remains "entirely possible-it is a matter of political will".

The argument that the modern Lagos State government "can't" match Jakande due to economic factors is only half the story. The truth is that the current administration has actively chosen a completely different governance and economic philosophy, shifting from a welfare-driven social housing mandate to a profit-aligned commercial model.


This reminds me of how Tinubu set the foundation of profiteering off public housing but many think it's all about politics. We all know there is a public housing crisis in Lagos but let's keep pretending and playing games.

That was investigate journalism before social media... they did it then for the passion and professionalism of the job

What's funny is that Premium Times did not give us something simple. The date she died

The manipulated man by the woman who controls him...

Host78:
Nothing we never hear for man and woman relationship.

So, nothing dey new under the sun to gush about.

Leonard and him wife wey do gragra 3 Years ago don scream free at last

No be me love go shark again

bewla:
To eat now need rehearsal or permission

Boy o boy

Na paparazzi go send people to early grave

I don't even understand ooo. The one that worries me is how our men have now become effeminate. Something is wrong with this algorithm.

GodHimself:
If they had secured a repayment extension or raised fresh capital, they might have avoided the situation.

Maybe we should use this as a classroom case study at Lagos Business School or our higher education schools. Professors, lecturers and researchers, take note. Most of what Nigerians study are UK, Indonesia, US and foreign places not what does not work in their own country. Manufacturing is a problem in the country based on THREE issues:

1. NO CONSISTENT POWER SUPPLY
2. UNFAVOURABLE GOVERNMENT POLICIES or LACK OF STRATEGIC SUPPORT
3. BAD MANAGEMENT (INTERNAL)

Nigeria's ceramic market is currently driven by a projected $2.1 billion USD import demand, with China supplying over 82% of the country's needs. Again, production over consumption or import.

Walai:
Just imagining the number of graduates that would have been gainfully employed, the suppliers, economic value chain, the breadwinners and even revenue generation that did not happen because the factory was allowed to die and rot

Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

The bots don't make sense but

Senator Yar'Adua who reminds us of his late brother who introduced the Niger Delta Amnesty program... How time flies...

Ferebiekunake:
How has the President cleared anybody? We can read Mr Sowore. Or the President should just throw Ogbeni Gbajabiamila into prison together with the alleged impostor and his other accomplices without any investigation?

Oh! Okay, the President should appoint Mr Sowore to oversee the matter because he is the only honest Nigerian to unravel the national embarrassment.

That pontificating something! Don't let me get banned jare!😏🤐

What people expect is for Gbaja to step aside. Because of the allegations.

It's interesting that even EFCC may be probed in this scandal because of the picture of the director of this council with the EFCC chair.

I remember the EFCC chair saying that they probed one person and never found anything from him but I didn't think that was a good idea to say in public because the EFCC chairman said that just shortly after the IGP was involved in a similar case where he had taken picture with a criminal then banned picture taking....


https://www.youtube.com/watch?v=nUC2507sMd4

I am looking at the picture again and let's be honest, can you actually reject a picture with the director of the Presidential Council? Bigger heads must roll because the audacity of this scandal is the enablers. Those are the people that gave him this backing to do what he did. And they are up there...