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Autos › Re: French TV Visits Innoson Automobile Manufacturing In Nnewi...Video! by sorepco(m): 1:19pm On Apr 20, 2016
What envy is it?


Uduak2019:
vy

Stay off my mention with your envy!
Politics › Re: Caution Fayose - APC To Yoruba Monarchs by sorepco(m): 12:25pm On Apr 20, 2016
My guy stick witha yorubba cos ur english is wack...no sense of past...present or future tenses!!
How many time do i call you?
You are being notorious?

Chai


lafex:
Fayose! Fayose!! Fayose!!!
Emeelo ni mope e? (How many time do I call you?)
Je ki enu e logbe je(keep shut of your mouth)
Enu ti nko e ju! Enu ti nko e ju!! Enu ti nko e ju ooooo!!! ( You are being notorious)
This is wat the Obas will tell Fayose
Politics › Re: Nigeria: Buhari Is Bottling It: The Task Ahead Is Not Easy But Its Surmountable. by sorepco(op): 3:46pm On Apr 18, 2016
Of course je should be given at least 3 years b4 i can judge him. In obamas first 3years everyone inderstood he was trying to fix a problem created by bush. Thus..i think we should give buhari 2 to 3 years to fix things. My problem with him is his lopsided appointments....is it fair?? Where is federal xter?? And all those so called northern elders who were crying federal xter during doctor jo.s reigne.





Benikuuse:
Our problem is that we took buhari to a magician, haba everything we are facing today is not buhari's fault rather the man is trying his best to put things in place. Well individual difference shall.
Politics › Nigeria: Buhari Is Bottling It: The Task Ahead Is Not Easy But Its Surmountable. by sorepco(op): 1:49pm On Apr 18, 2016
President Muhammadu Buhari can hardly be blamed for all of Nigeria’s woes. He inherited a difficult situation when he was elected a year ago but you have to question how he has responded to the reality of low oil prices.

Pilfering and incompetent politicians have, in large part, accounted for why normal Nigerians haven’t enjoyed the spoils of its vast oil reserves. Around 61 per cent of Nigerians lived on less than a $1 a day in 2010 according to Nigeria’s own statistics agency. The CIA World Factbook put unemployment at nearly 24 per cent in 2011. That’s a problem in any country but particularly in one with such a large, young population looking for a living.

Corruption has hollowed out a lot of Nigeria’s potential for years. Fittingly, it was the country’s information minister who alleged this year that a mere 55 Nigerians have stolen N1.34tn, or about $6.8bn, in eight years. He pointed out that the money could have paid for 635 kilometres of road and a score of other infrastructure assets that the country sorely needs. Two years ago, the country’s central banker was sacked for pointing out that $20bn of oil revenue had simply gone missing. Many Nigerians simply shrug at the scale of the corruption, familiarity breeding a forlorn lack of interest.

In fairness to Buhari, he has acted on his election promise to crack down on corruption, ruffling a lot of feathers with a series of investigations and arrests. Finance Minister Kemi Adeosun turned up 23,000 fake workers on the government payroll. Removing them has saved N2.29bn a month. Another 11,000 have since been found. So one should give credit to the first opposition-led government since elections were resumed in 1999.

Buhari has also delivered on his election pledge to tackle Boko Haram. He certainly can’t claim victory but a joint operation with neighbouring countries has seen the militant group lose much of the territory it held in the north east. The challenge for the government now is to retain those gains. The group continues to kidnap and bomb. Any long-term solution to Boko Haram needs to include stopping the corruption that drives frustrated young men into the group’s hands.

But it’s on the economy where Buhari has made the most missteps. Perhaps he erred too much on the side of caution in putting together his cabinet, which occurred some seven months after his ground-breaking victory last year. He said this was to give time to form a corruption-free team. While this was a noble cause, growth slumped to 2.8 per cent in 2015, far below the level needed to create the jobs and income that the country needs. Much of the slowdown was in the non-oil sector with falling incomes hitting demand. The continued decline in oil prices and the reluctance to adjust an overvalued currency have exacerbated the economic woes.

Buhari’s strong influence is largely to blame for the current gridlock on exchange rate policy, which has had economic implications. After the election and before the cabinet was assembled, the central bank introduced import controls on a number of items in order to stem the decline in foreign currency reserves and help ensure an exchange rate of around N200 to the US dollar. Foreign exchange reserves are currently around $28bn, comfortably above the critical level of three months of import cover, but well below where they should be for an oil exporting country.

While Central Bank Governor Godwin Emefiele has repeatedly said that a devaluation would have a detrimental impact on inflation, the ruinous policy of pegging the naira to the US dollar means the real value of the currency on the streets has collapsed. Unable to get dollars from the central bank, people have had to turn to the black market. This has seen the black market dollar rate hit a record breaking N400 to the dollar. Official inflation spiked to 11.4 per cent in February but is likely to be much higher on the streets since dollars are so scarce. Meanwhile, the import ban is causing manufacturing activity to slow because companies can’t get the dollars they need to buy their input goods, almost all of which are imported.

It’s hard to underestimate how much the central bank’s policies have formed a noose around the neck of the economy. Nigeria was always going to struggle when a decline in the oil price occurred, as oil accounts for about 50 per cent of revenues and more than 95 per cent of foreign income. By Buhari’s own admission, Nigeria “virtually imports everything, from rice to toothpicks”. This is cited as a reason why imports must be restricted but it is exactly the opposite. Nigeria simply does not have the infrastructure to produce enough of the goods it imports. It produces roughly as much electricity as Slovakia, a country with about 168m fewer people.

Buhari has not ruled out a devaluation yet he’s clearly not sold on the benefits, which suggests a continuation of existing policies that will do no favours to the economy. Rising oil prices could provide a respite, but the bottom line is that Nigeria’s economy cannot function properly in the short to medium term with such measures in place. Companies and individuals can muddle through for a time but there’s only so long that they will be able to get by without having to shut down. Every day that the government’s policies persist is another day closer to a disorderly devaluation that would be disastrous.

A hike in interest rates in March marked a return of some degree of conventional monetary policy and more hikes are possible if inflation continues to accelerate. That might put a further dent in growth, but if there’s a silver lining, the shift in monetary policy suggests Buhari is allowing policy makers to get on with their jobs. Less interference from the top would certainly be an encouraging sign, although there are challenges ahead for Buhari after a mixed first year at the helm.


https://next.ft.com/content/63b8b0e8-831a-3e64-a893-91f1dc7895ed
Education › Re: South-African Fresh Shandis' School Fees Paid By A Stranger by sorepco(m): 8:25pm On Apr 17, 2016
tellwisdom:
How did he afford internet if he can't pay for his school fees?? sad
Education › Re: South-African Fresh Shandis' School Fees Paid By A Stranger by sorepco(m): 8:24pm On Apr 17, 2016
Cant u browse with 100 naira credit on ur fone?


tellwisdom:
How did he afford internet if he can't pay for his school fees?? sad
Properties › Re: How Much Is Your House Rent by sorepco(m): 2:03pm On Apr 17, 2016
Guy man c wetin u fit do. Take di 500k n buy a land in ojo area....find a friend or relation or colleague to perch with.
Then look at ways of building flats for rent ...even if its 1 block 1 month.
I learnt alot from indians and chinese. They rent a duplex in surulere or ikeja n 10 peeps share it!! Do u kno how much they save a month? U c dem living in ikeja but paying 10k a month in rent.....



trailblaiza:
Omo mehn, I re ain ally envy you guys in other states. Here in Lagos, Landlords are hell bent on sending people back to the village.

I'm just planning to rent a house and I made an enquiry for a room and parlour self con @ Surulere (cos of d proximity to d Island). I was told 600k!

Around Yaba, I got d same type of house for 500k. Money wey go buy land and build d house reach somewhere for some parts in Nigeria. Chai!

It is well
Travel › Re: Tomaro-Onisiwo, Lagos Community Where Cars, Okadas Are ‘forbidden’ (pictures) by sorepco(m): 11:59am On Apr 16, 2016
Just what i was thinking man...after i read the post i felt pity for the place. Then when mivhael came onboard i almost cried.....then it i cried when i read ur post.
U c life? When others see destitution and poverty others with a can do attitude see opportunity!!
Michael i think u bettet come down you high horse n get ur hands dirty. Why dont u charge a fee and ferry
Some people to see the island!!


Dinocarex:
This thread was Opened to spite the people of Tomaro-onisiro but with the intervention of a guy, this thread suddenly turns to a place I'm willing to spend couple of weeks in.

That's life.....
Turn lemon to lemonade
Your way of thinking can take u far...
Either u see a cup of water half filled or half empty is left to u.
Politics › Why Do Fulani Lives Matter More?? by sorepco(op): 11:54am On Apr 15, 2016
Thursday, April 14, 2016

Why do Fulani lives matter more?


Abimbola Adelakun

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Ordinarily, the news that the Department of State Services "discovered" 55 shallow graves in Abia State should spark excitement. Of this lot were bodies of five Fulani who were said to be residents of the state. The rest, presumably victims of violence, have yet to be identified. At a time when public officials wield no magic wand, and cannot find solutions to Nigeria's multifarious problems, the DSS' rising to its own responsibility makes one almost want to deafen their ears with wild applause. Yet, to take it for granted that this affair is solely about administrative efficacy is to be naive.

First is the question, why do Fulani lives matter? No, I am not about to engage in whataboutery, that diversionary tactic people resort to when they do not want to engage in uneasy topics. To shift focus from the issue at hand, they respond with, "What about XX?" Instead, I am curious if their discovery is not the DSS' way of playing politics with the death of those unfortunate victims. The DSS, like other state security agencies, has not been consistent in responding to such even when there has been raucous public outrage at violence. So, why this, and why now?

Not too long ago, the Fulani massacred Agatu people in Benue State. What was the DSS response to those Fulani who have yet to deny their role in those attacks? The Inspector-General of Police, Solomon Arase, has dredged up a number of reasons he cannot find enough adrenalin to pursue this cause; not even when those accused of committing the crime pompously raise a middle finger at Arase by swaggering in and out of Agatuland, taunting the impotence of the institutions he represents. In the past one year, the Fulani have allegedly carried out other dastardly acts such as killing, maiming, and raping women across the country. They have left sorrow tears and blood in their wake but what has Nigeria done in return? Coddle them. State officials have employed empty rhetoric to cover up their lack of moral courage necessary to redress the violence the Fulani have perpetrated. Instead, they want to talk about grazing reserves and the changing climate as if that will cure the murderous inclinations. Those who should be talking about justice for the dead are the ones who deflect from that very topic, instead choosing to play politics.

Just lately, Senator Shehu Sani joined the throng of other pusillanimous politicians who cannot confront the issue of violence carried out by these Fulani. When he went to a Fulani community, he could only whine about how all Fulani are labelled for the sins of the few. Sani, who in his days as activist would have stood on his Twitter Soapbox to point out what was wrong with the society, could only obsess about the maligned image of the Fulani community.

The DSS should realise the importance of consistency in the administration of its duties and treat all Nigerian lives as if they matter. We have had serious of violent deaths in Nigeria but in how many of those cases did the DSS issue a passionate press release? In 2013, 24 dead bodies were discovered at the Amansea River in Anambra State, how many people were arrested and prosecuted? What of the 2013 Ombatse killings in Nasarawa State that claimed the lives of some operatives of the DSS itself? What has been the result of their investigation since then? What of the deaths of the Shiites in Kaduna? Recently, we were told how 347 corpses were buried in a mass grave. Should that kind of disaster not compel urgency in the DSS' activities?

Again, one is curious why the DSS became the accuser and the judge in this case. The press release put out by the DSS spokesperson, Tony Opuiyo, is laced with tendentious words and phrases that suggest that the person who penned this is either letting his/her emotion run riot or has an underlying agenda. I do not think that the public relations department of the DSS is made up of mentally lazy people who do not reflect on the wordings of their own material before pushing such out. Rather, this seems like a calculated attempt to rile the public, ignite inter-tribal discord or at best, produce social media rants that will momentarily distract the nation from her many troubles.

Otherwise, why has the DSS concluded that the Indigenous Peoples of Biafra- whose activities the state has been desperate to repress- is "gradually showing its true colour" and was attempting "to ignite ethnic terrorism and mistrust"? How could they have known the motives of the killers when the identities of most of the victims of the violence themselves but their deaths have scarcely generated any outrage. At this stage, one knows Nigeria well enough that their death is not the kind that attracts retribution. So, if IPOB members have been victims of Nigeria's characteristic nonchalance, then why the haste to push this on them?

This beats my imagination: If IPOB truly wants to ignite ethnic terrorism and mistrust, why would they kill and bury those Fulani in secret? Would their tactics not have been more effective if they had displayed some brazenness?

Can one not conclude that it is the DSS itself that is trying to incite ethnic mistrust and create further disaffection for the IPOB, a group of ragtag fighters whose will and passion the DSS has not been able to curtail? If the DSS was not up to mischief, why identify only five out of 55 victims, write a press release where you shape a slanted narrative of the Igbo killing the Fulani? What was their point other than throwing red meat at the salivating dogs of war who hang around the highways and pathways of the internet, newspapers vendors' stands, and Nigerian political talksphere?

Also, I am curious to know why a federal agency would identify the victims as "Fulani" rather than "Nigerians" as if they were not primarily citizens of Nigeria who only happened to be of an ethnic extraction. By reducing them to "Fulani" the statement becomes a dogwhistle in a country where most public issues are viewed through the prism of primordial identity. Did they even think of the implication of pushing such a story to a volatile public like Nigeria? Do they remember history at all?

Finally, I wonder why the DSS rushed to put this information out to the public without conducting a full investigation first and having their facts ready. Why did they not find out the names of other buried victims? Or, were they afraid that that would detract from the skewed narrative they wanted to sell? What was their hurry? Or, to ask broader questions, what is it about these Nigeria's agencies that make them rush to feed the public with tales when their investigation is still as raw as uncooked cassava? In this case, the DSS claimed to have made arrests and investigation, but in another breath, it said it would not "hesitate to... ensure that the sponsors and perpetrators of this action are apprehended and prosecuted for their crime." If in the same press release it claims to have investigated and made arrests, and contradicted itself some sentences later, then its level of competence becomes highly questionable. So, who were those arrested if the DSS has yet to apprehend the actual perpetrators? Is this kind of lack of thoroughness and flippancy not what has doomed a lot of corruption cases in Nigeria such that only in rare cases have people been actually convicted? What informs this level of sloppiness?

Whatever the DSS' reasons for generating this needless controversy, it should know that making the deaths of these five Fulani a site to stake its politics is reprehensible, irresponsible, and morally wrong.

http://odili.net/news/source/2016/apr/14/804.html
Business › Re: Nigeria, China Bank Agree On Yuan by sorepco(m): 2:49pm On Apr 13, 2016
If u dont know wot 2 say keep quiet....how is it slavery?


OrIandoOwoh:
Yuan?? No more dollar?? Buhari shouldn't sign us into perpetual slavery o..
Career › Re: Should I Resign My New Job For A Contract Job? by sorepco(m): 12:03pm On Apr 12, 2016
Mr...forget about career progression in this instant and go for bank account progression....
See consider the shell job as an investment in a stock, of which you have insider info that the shares will blow in 4 years. You buy 100 million naira now to get 2billion?
Check this out...it will take u 4 yrs to save 1000000 in the 100k job..but for the shell job if you save 100k a month you get 1.2 million in 12 months!!! And in 4 months you have 4.8 million!!! On the 100k job it might take you 10 to 12 yrs to make that amount in ur savings.


Beckybeky:
Please I need mature advice if possible from professionals and career persons.

Since late last year, I have been pursuing this job stuff from Shell which someone close to me who works there referred me to.
It is a contract job which will last for about 4 years. It was supposed to start late last year but due to the delay
Politics › Re: The Murder Of The Fulani: Yugoslavia Unfolding - Femi Fani-kayode by sorepco(m): 9:19am On Apr 11, 2016
What i want to know is this....in all these communities the fulanis operate do they not ve young able bodied men??


caketake3:
The President still don't care about the east so why complaining. Only God will intervene but in this Buhari's government, I have lost the little hope I have for him
Properties › Re: 21 Things You Experience When You Build Your House In Nigeria - Part 1 by sorepco(m): 6:41pm On Apr 09, 2016
Ur guy is wise!! Move in m build small small...dat was wise of him

zill:
Op thanks for this, I can relate well with number 5; we had high hopes with our own when we started and after some time when neck wan break my husband just said let's just do it somehow and move in grin grin
Properties › Re: 21 Things You Experience When You Build Your House In Nigeria - Part 1 by sorepco(m): 6:39pm On Apr 09, 2016
Something like appeasing the land bs....

G

Candour:
shocked shocked shocked

If this is true, it means the obio akpor boys dey learn work
Properties › Re: 21 Things You Experience When You Build Your House In Nigeria - Part 1 by sorepco(m): 6:35pm On Apr 09, 2016
Whats wrong with nkpor??


abouzaid:
bros, landlords association and town development unions are not the equivalent of omo oniles, read vingeophysicist post below t with o understand what is omo onile. nkpor,onitsha, obosi and ikwerre youths are mostly lazy unemployed youths and criminals, you paid to have peace of mind not because it's the custom in idemmilli, many others would refuse to pay and they would back out if they notice that you have strong eyes. by the way, why should anybody advice you to buy land in nkpor? don't you know that every town have undesirable areas due to crime?
Properties › Re: 21 Things You Experience When You Build Your House In Nigeria - Part 1 by sorepco(m): 4:01pm On Apr 09, 2016
U r a big fat greek liar. I ve sum1 who was building 2 houses...4 deckibgs at same time in obosi. And the laxy corrupt onitsha-obosi people milked him so much so that he almost abandoned the project. Guess what the monies milked from him would ve built another 4 storey building!!!


He paid obosi and onitsha omoniles.
He paid the old and new village councils of both towns.
He paid elder council
He paid ancestors fee
He paid local govt
He paid state govt
There was 1 of the aforementioned receipts the wife lost...he repaid again



vingeophysicist:
the omonile thing nah only for Yoruba land. sets of lazy people.
Sports › Jose Mourinho Named As New Nigeria Coachgoal.com by sorepco(op):
OFFICIAL: Jose Mourinho named as new Nigeria coachGoal.com

8 hours ago

Jose Mourinho has been named the new head coach of Nigeria following the departure of interim Samson Siasia.

Mourinho signed a four-year contract to take charge of the Super Eagles, while Mutiu Adepoju, Kanu Nwankwo and Peter Rufai join him as his backroom staff.

The former Chelsea coach will be tasked with qualifying Nigeria for the 2018 World Cup having missed out of the 2017 Africa Cup of Nations billed for Gabon.

The 53-year-old had been linked with Manchester United job but has agreed a deal with Nigeria which is due to last until 2020, after Sunday Oliseh quit his post on February 25, 2016.

"I have the pleasure to confirm I have committed to a legendary African side, with the massive challenge of qualifying for the Russia 2018 World Cup," Mourinho told Goal.

"I am lucky because for years I had the fortune to coach big teams like Chelsea, Inter Milan and Real Madrid, and now I have the opportunity to coach another big team like Nigeria. It is an honour and I want to keep winning.

"We have a duty to prove we are the best team in Africa and also do well at the 2018 World Cup.

“I’d like to thank the Nigeria Football Federation for believing in me and with their backing, I am confident that we can build a stronger Super Eagles,” he concluded.

Mourinho will be presented at a media conference on Friday at the Abuja National Stadium.


https://www.yahoo.com/sports/news/official-jose-mourinho-named-nigeria-002800285.html april fool mate
Politics › Re: Murray-Bruce: List Of Countries Visited By Buhari (Photo) by sorepco(m): 8:53am On Apr 01, 2016
I can c u dont follow the goings on on the senate. C how ben de talk down 2 fellow senators u go bow.


kenonze:
Ben Bruce should better shut up his dirty mouth.
Politics › Re: US To Press Nigeria To Devalue Naira - Reuters by sorepco(m): 4:28pm On Mar 29, 2016
My guy this policy is boosting manufacturing in naija like never b4. Went to cameroon and to panya recently...the way the were hawking malta guiness and bobo and dudu in tge street was amazing. I was told that 2 weeks agao a can of naija malt was 300 naira. But today it is 150 naira?? So the camerounian trader who could get 5000 cans from naija told me with same amount he can get almost double.!!
Even if guiness naija increases their prices....the demand is there...
SUPERPACK:
Manage ur econgomy first b4 looking for Nigeria
alta guinessd
Family › Re: Any Married Lady Who Never Had This Is As Good As unmarried. by sorepco(m): 1:36pm On Mar 28, 2016
U r lying


Cutehector:
grin toks my brother, there is a register dat couples sign in church on their wedding day, I think it's a court register or smth.. wat hav u to say on that?
Celebrities › Re: Nollywood Discriminate Against Yoruba Actors, They See Us As "Illiterates" Mercy by sorepco(m): 12:59pm On Mar 28, 2016
U dont get the irony of this thing....she is talking about new nollywood. And guess who speaks english and dominates new nollywood...whose films are mostly in lagos!! So i think it should athing amongst us yorubbas





walexsy:
It probably cos lotta Yoruba movies storyline centres on tryna being funny....u don't see a lot of senses in most of them,except for some few scenes da will make u rotfl
Celebrities › Re: Nollywood Discriminate Against Yoruba Actors, They See Us As "Illiterates" Mercy by sorepco(m): 11:59am On Mar 28, 2016
I saw the poster of themost stylish and i can say we r barking at the wrong dog. I think she is speaking of new nollywood as oppose to old or asaba nollywood.
The irony of this thingy is that tge yorubbas and edos dominate this new nollywood. Here in asaba they were also asking if they r not also stylish and why no one from asaba nolkywood was included!!
So my question is...can some1 publicly criticise themselves?


kelv09:
Heard of that somehow
Foreign Affairs › Re: 10 Unbelievable Facts That Would Fill You With Respect For Japan.. by sorepco(m): 11:09am On Mar 26, 2016
Laff my broda..laff. it can at times act as a therapy u know.
Desperate times require desperate measures and inspiring leadership.
There are many contries that the boko haram insurgency and ipob and niger delta agitations would have brought about a disintergration of the country like iraq and syria and libya.
Also the present economic crisis would have brought about a total collapse of the state and economy. Like venezuela and brazil and zimbabwe.

Am not saying we have the best of leaders. However we are still better off than those countries....




juman:
You make me laugh.

African "leaders" that cannot manage their peaceful time and situation to build a prosperous country?

Just imaging a country under perpetual natural disaster attack be managed by IBB or obasanjo or jonathan or buhari etc.
Foreign Affairs › Re: 10 Unbelievable Facts That Would Fill You With Respect For Japan.. by sorepco(m): 9:34am On Mar 26, 2016
If were prone to such disasters we wud ve improvised and adapted our strategic thoughts to be able to deal with such. Do u think japan just started experiencing earthquakes yesterday? Nope..
Its been with them from time immemorial. So they have to adspt to be able to minimise its effects on the country.
Dont forget that necessity is the mother of invention.


juman:
You are right.

If africa face that kind of natural disasters couple with our extremely useless bad leadership in african countries, this continent would have been bigger hell.
Foreign Affairs › Re: 10 Unbelievable Facts That Would Fill You With Respect For Japan.. by sorepco(m): 9:26am On Mar 26, 2016
120 in kogi?? I bet that woman does not know her age!! Just like a family that bragging how their grand ma is 115 yrs. Ask the woman how old she is and the usual response is i dont know when dem born me!! But in order to show they r healthy....



Tallesty1:
Alive in Japan not in the entire universe. There's a woman in Imane, Kogi state is older than him/her. Close to 120 now.
[img]https://www.nairaland.com/adttachments/3517625_andthen_png2d8afdab107ae4acc7ef2aa9152c203b[/img]
Business › Re: Shoprite Opens In Owerri As Residents Storm Complex (Photos) by sorepco(m): 4:08pm On Mar 25, 2016
Maybe nothing like that happened like that ibadan becos the people have a low purchasing power. Dem no gey owo loike owerri peeps

Ha
seunny4lif:
grin ;Dno
The most developed region grin ;Dhee

When Ibadan site was openhed nothing like this and Akure site too

Blood of Satan grin
Politics › Re: 8 Governors Who Have No Business Building Airports by sorepco(m): 8:09pm On Mar 24, 2016
Wot reasons??


Princewell2012:
common stop pretending, you knows why they don.t need airport. Knowbody is a stranger in this country, and we all know what is happening.

Btw, it also mean you didn't read before commenting. The reasons were clearly given.
Politics › Re: 8 Governors Who Have No Business Building Airports by sorepco(m): 7:55pm On Mar 24, 2016
How can you call a phd holder an illi??
Well..one is for cargo and the other for passengers!!!



SpaceTour:
Illiterate what is the difference between an airport and a Cargo Airport? Discuss..


[s][/s]
Career › Re: #FOREXCrisis: Food And Beverage Sector To Sack 3m Workers by sorepco(m): 2:43pm On Mar 24, 2016
Na big lie be this....just recently in cameroon they r complaining about naija beverages taking over their market. From bobo to bubu...from guiness malt in cans and even maltina!!!
And guess dem de hawk malta like gala. This hawking started last week. Them de sellam 200 naira sef...yet its seen as cheap!! Those selling it r making a killing...they buy cheap in naija n sell at 200 naira? The exchange rate don turn dem 2 instant millionaires...i dont see nigerian brewery complaining.



emamos:
God help us
Business › Re: Difference Between Incorporation Year And Established Year? by sorepco(m): 10:45pm On Mar 23, 2016
jaz:
ive read
What do you mean...that a trader in alaba or idomota has to be incorporated in naija??


quite a bit of comments and must say i'm amused. lots of incorrect info being passed around. let me clarify a few points.

- the Law governing establishment and management of a business enterprise, whether sole proprietorship, partnership, limited companies, public entities, is the "Companies and Allied Matters Act" of Nigeria

- According to Part B, Section 573 (1) of CAMA" "Every individual, firm or corporation having a place of business in Nigeria and carrying on business under a business name shall be registered..." so once you establish even a shop you are required by law to register with CAC. this is further corroborated in Section 21 (1c) of CAMA.

- Date of establishment is also the same as the date of incorporation because no company can operate in Nigeria without registration

- For those who engage in business enterprise in NIgeria, such activities are considered null and void however this does not apply to payment of taxes. but payment of taxes would also require registration grin so you decide.

- For those who have established a business without registration or later registration and most likely without payment of taxes, or notification of respective tax offices , are seating on a keg of gun powder and have no right to complain if they don't have basic social amenities.

- let me know if you have any further questions. Peace!
Business › Re: Difference Between Incorporation Year And Established Year? by sorepco(m): 10:43pm On Mar 23, 2016
franciskaine:
but sir, what if a biz gets its approval from CAC and becos of the unavailability of its input at the very period fail to start operation, can the biz be said to have been established?
You have an 18 months grace period to decide when you can start or establish. After that inititial 18 montgs grace i thonk you can write cac through the federal inland revenue service telling them why you cant start operations and they will give a grace period.

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