SmartyPants's Posts
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Roger3D:He has only 3 houses but all his kids lived and schooled in the UK which is an investment of at least 20 million naira per child. So he may have 3 houses but he definitely can afford many more. |
[quote author= post=118287896]You blame APC government for frustrating investors in Nigeria with their bad policies, Anambra still control shares in Intafact, the company pays the highest tax to Anambra State Government till tomorrow Obi’s administration invested the sum of N1,955,535,247.00 (an equivalent of approximately $12,616,356.43 at the then average CBN exchange rate of N155.00/$1) in Intafact Beverages Limited, a green-field brewery set up in Onitsha by SABMiller Breweries of South Africa, Anambra state government still holds 407,321,264 ordinary shares of International Breweries Plc in exchange for the Intafact Beverages Limited investment. Based on the NGX closing price of N5.50 as of these shares were valued at N2,240,266,952 on that date,” the statement reads in part. Based on the Central Bank of Nigeria I&E exchange rate of N415.75/US$1.00 on same June 20, 2022, this investment was valued at an equivalent of approximately US$5,388,495.37 (and at N604/$1.00 parallel market rate, only US$3,709,051.24).[/quote]By the time you people can learn that it is okay to admit that your candidate has faults, ten some of us will take you seriously. You are here tying yourself up in a knot trying to debunk financial analysis from a former central bank governor. You don't even understand what you're saying. The share price is not directly correlated with inflation. It is, like every other asset, correlated with the performance of the company. So, if the company was doing well, its share prices, and valuation will rise with the dollar not drop against it. Obi is not perfect, and has many flaws. Until you can acknowledge this, you people are just doing a personality cult in the garb of a political movement. And everyone else can see this! |
Blessedmercy8:Glutton. |
Shockingly, not one peron has shown up to call him Jubril. |
Bawa is actually doing an honest job for the most part. The role of the EFCC in controlling Naira spikes against the dollar at crucial moments has been pivotal. |
Shybeauty:A shy guy might do this. So also a narcissist. Flirt with him and see if he becomes distant. If he does, he was playing with you. If not, he will make the next move. |
VeryWickedGoat:Because the FBI has the mandate to deal with transnational organized crime, which covers financial crimes like money laundering. Same reason hushpuppy was picked up by the FBI you ignorant being. I'm sure you also don't know that the US has an agency in charge o investigating drug-related offences, called the DEA. Yours is to constitute a nuisance on nairaland by leaving utterly brain-dead content everywhere. |
VeryWickedGoat:Its obvious, as stated in all the reports, he forfeited that sum of money for other financial improprieties. |
happney65:So as it has made FP will you do the right thing by apologizing to the mods? |
Jeweltz:This can't be a serious thread. ![]() |
How is this guy much bigger than everyone in his family? Lol. The funniest part is that had he remained in nigeria he would possiblyy have been doing bouncer at quilox or following Wozkid upandan. |
chimaroka60:So many good things have come out of Nigeria. Dont pretend not to notice! |
simajh:After reading this you are asking what Wike wants? I thought you would ask what Atiku wants?? |
coconutbag:Who is the government entity? Is it not directed by an individual? |
This is a misnomer, and this is not what Bawa said. Bawa said they filed an appeal to the judgment on the substantive issue-thus suspending the immediate effect of the court judgment on the return of the seized items, and not the contempt issue. |
Roboto11:They don't play anything close to the same position. Did you stat watching ball yesterday? Meanwhile have you see how many forward the took?? |
FreeStuffsNG:I have told you the appropriate procedure, which is a stay of execution, that would prevent the Courts judgment from being executed until the prosecution has had a chance to appeal the judgment. So there is no reason why the EFCC had to detain those items illegally. Now, take note: 1. This has absolutely nothing to do with national security and human rights. This is a regular criminal matter and a question of procedural law. 2. There is absolutely no situation, national security or otherwise, where law enforcement bodies are entitled to ignore Court orders. When it is time for national security to trump human rights, it is still left to the Courts to make the final determination. In all cases, the supremacy of the Courts is non-negotiable. |
FreeStuffsNG:There is a legal procedure for everything! When you go to Court in such matters and lose, you must immediately file for a stay of execution - if that is not done, you have absolutely no right to disobey a court order just because you don't like it. |
FreeStuffsNG:You don't know what you're talking about. |
DadaHammed:No, he is not a convicted felon because he was never charged with a criminal offence. He has been cited for contempt of Court. Very different. |
Tochj:They did terrible things in the north east. Amnesty International has covered these events so you can google the report and read. |
CSTRR:lol. Oh don't attack me for pointing out the obvious comedy of your post! This is what you said: The best brains are gone. Na korofo remain for Nigeria now.I'm willing to concede that it's possible you just don't understand the use of tenses very well. Well, I'll help: you used the present tense, and whichever way you want to put it, you've insulted the Obidients who believe they now make up the majority of the electorate. |
CSTRR:But buuuut .... Obidients have taken over the country and Peter Obi will walk to victory? So this gentleman believes Obidients have below average iq's? Savage! |
zeuss:The last hk i did was telling me how her bf can swear that she is innocent. Even the normal looking girls are doing this hk of a thing. That's the reality. So OP, if ur girl is into it purely for money, I would say be lenient. But collect like half of the money. |
ALTERNATEID:A younger Tinubu would have been the man for the job. Intelligent but crooked enough to know how to handle rough men. But you and I know that Tinubu is not fit again. |
TechW:Your responses here indeed show that you are a hypocrite. A shameless hypocrite. Tinubu is a criminal because he used bullion vans but Obi that was caught with 250 million and pandora accounts is not. Have you no shame? If you give a fund manager 100 dollars to manage for you and he returns 40 dollars to you and says it was because of inflation won't you have him arrested? You are comparing share prices to mone in the bank you clown. Oh...let me guess, you actually don't have the slightest clue how these things work. But you're just being your shameless self by focusing n the economic aspect of it in order to divert attention from the real issue, Peter Obi's unethical decision to take the people's money and put it into his company, in order to enrich himself and his family. An act he outrightly denied until Kadaria Ahmed forced him into a corner. You are entirely a shameless and silly boy. |
TechW:Your last line shows that you still don't get it. Are you and I supposed to be online defending any of them or are we supposed to be thinking of how we can get all of them out?? Why should you defend Peter Obi's wrongs? Do you owe him or does he owe you?? Now: 1. During end SARs, he was vocal hence the birth of Awkuzu SARS propaganda/allegation during his tenure. Is that propaganda or fact?? Was he not the governor at the time of the massacre? Was the notorious James Nwafor not known to Peter Obi? Did Peter Obi say anything about it? That is the question you should answer, not beating about the bush. Dear fellow youth, Why see A and call it B? Remember, Obi owes you, not you owing him some duty to twist the truth in his defence. 2. Using SARs against his political enemies? Your own propaganda I guess? I have never heard of this your own version of campaign of calumny. That you don't like the truth doesn't make it a campaign of calumny. Such a comment shows that your intentions are not pure. Instead of asking for evidence, you resort to insults as a defence. Again, why? What is motivating this level of defensiveness? Well, this is information in the public domain: Peter Obi himself, had a case to answer before the End Sars panels: https://www.ripplesnigeria.com/ex-gov-peter-obi-set-me-up-used-sars-to-demolish-my-hotel-businessman-tells-endsars-panel/ Sadly, he treated this case with disdain: https://punchng.com/you-cant-try-peter-obi-lawyer-tells-endsars-panel/ You don't even know the person you are exerting yourself to defend. How genuine is your defence then?? 3. The aid was caught with N250M, for you to say unknown purpose shows that you have refused to believe his own side of the story. I believed his own side of it. Lol. Just like that? Someone withdrew 250 million in cash, as against ethics and the law and you say you believe him without any shred of proof? People like you are the problem of Nigeria honestly. Becasue he may happen to be our kinsma you refuse to acknowledge that what he did was indeed a textbook corrupt practice, but if Tinubu says he is not corrupt, you won't believe that one. Wake up! 4. A man who ploughed state funds into his private enterprise? Would you rather he had invested it into something he did not trust? I would rather he conducted himself with integrity, and use the money for what it was meant for. And if he must invest, he ought to have invested following ethical principles. Besides, when you talk about trustworthy investments, is it that you don't know that the investment made lost value by more than 60%?? A complete and total wast of about 7 million USD that should have been used for infrastructural developments. But that is okay, since anyone can make an economic mistake. What is important is that he did not act ethically!! Try to be sincere. |
TechW:I thought that was the point? That we don't want any of those who are from the old establishment? In reality Peter Obi has spent his entire career in AGPA and PDP, and while there is some good that he did, he maintained the same pattern as the establishment. Why do we pretend?? A man who kept mum when SARS rained havoc on the youths? A man who used SARS against his political opponents? A man whose aide was caught with a quarter of a billion naira in cash for unknown purposes? A man who ploughed state funds into his private enterprise? Between me and you, is Peter Obi sincerely not a regular member of the establishment? |
Okoroawusa:Definitely very little difference. I discovered rhis from a real life conversation i had with two new colleagues. The two of them happen to be Igbo. Perso A after asking person B here name, said oh, are you a Biafran? Person B, with some initial hesitatoon replied yes. I hope you are Obidient he followed up. "Of course" she replied. I was quiet and wondered to myself: How can you be both biafran - a breakaway nation, and in the same breadth lay claim to a political movement in the country you have disowned? Secondly, why was it taken to be a matter of course that a biafran must identify as an Obidient?? |
TechW:In 2019 you didn't have Moghalu, Sowore, and other non-establishment people to choose from? Lol. What we are even saying is, okay, now you have Obi, go ahead and choose him. But to turn around and lambast PDP after you ran on their ticket as running mate to Atiku? That means Obi was deceiving Atiku then, or he is deceiving the youths now. Either way, a deceiver is a deceiver. |
hush15:Earlier, the Chairman of the Panel, Justice Okuwobi expressed deep appreciation to the State government and all the stakeholders who appeared before the panel and the team for uncommon resolve and good team work. Okuwobi, who disclosed that the panel awarded a total of N410 million to 70 victims of Police brutality, said 235 petitions were received with only 14 of it being on the alleged Lekki shooting incident. “As much as the panel desired to have taken all petitions, the ones that were not taken by the panel were those that did not comply with our rules, so in this report, we made recommendations for a body to take over human rights abuse cases in Lagos State” Okuwobi said. https://www.vanguardngr.com/2021/11/lekki-toll-gate-saga-history-ll-judge-us-says-sanwo-olu/ So the onus is now on you to tell us which and which persons are due for compensation but have not been paid. |
hush15:He has compensated them. Why not look for info before building a case of assumptions?? |
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