Politics › Re: Onnoghen: Mass Action Can’t Change Course Of Justice — FG by southpole: 8:29am On Jan 29, 2019 |
topstone4: You mean mass action can't change the course of SELECTIVE Justice? It is only a mad man that will want to try all criminals at the same time. If you doubt me go and wear all your clothes at the same time without being selective and walk in the street let hear what people will call you. |
Politics › Re: Onnoghen: Mass Action Can’t Change Course Of Justice — FG by southpole: 8:23am On Jan 29, 2019 |
sotall: What else do you expect from APC propaganda and lieing machine?
Tyranny and dictatorship has supporters also, I am not surprised Free your mind by being objective, you will live long |
Politics › Re: Onnoghen: Mass Action Can’t Change Course Of Justice — FG by southpole: 8:21am On Jan 29, 2019 |
Omeokachie: Moment I saw it was a statement issued by Lai Mohammad, I decided not to waste my time reading up lies. Read it for your own understanding so that tomorrow you will not make the same mistake onnoghen made |
Politics › Re: Buhari Saved Nigeria From Embarrassment By Suspending Onnoghen –Tony Momoh by southpole: 7:50am On Jan 29, 2019 |
lilmax: but cannot save Nigeria from gandollar embarrassment
went further to degrade nigerians intelligence. by asking the technology used  If he goes after ganduje your type would be shouting that the president is not respecting the constitution. Or are you telling us that you are not aware that governors have immunity against prosecution while in office? |
Christianity Etc › Re: #whatif: Daddy Freez Is Correct About Tithe? by southpole: 3:46pm On Jan 28, 2019 |
TruthinAction: He is not correct. Tithe is an eternal principle. It started before the law and it transcend the law in principle. Just carry out this experiment. Pay your tithe faithfully for a period of three months. Then, stop for that same period and come and tell us your experience. The financial instability many Christians are going through is because they do not pay their tithes. They fall into different financial problems ranging from health challenges to court cases and even loss of valuable properties. It's just that they see these problems as normal. But pay your tithe, you will be amazed how God will deliver you from all of these problems. The kingdom of God is not about prosperity on earth. How I wish to hear you say tithe will take a person to heaven. |
Politics › Re: CCT Rejects Court Orders Stopping Onnoghen’s Trial by southpole: 8:45am On Jan 23, 2019 |
islandmoon: Dasuki is a strong PDP member, prosecute one northern Muslim who is APC member , then I will believe you are not bias , buratai has been accused of corruption buying house in Dubai by Sahara reporters, Snake swallowed jamb money, your all spent millions to cut grass, Ganduje video evidence is enough to kick him off, if nothing stopped you from trying Dino, nothing should stop you from trying them Dino is not on the same status with Ganduje the former has no lmmunity while the latter has |
Celebrities › Re: Daddy Freeze Reacts To Falz Mother, Funmi Falana, Saying He Doesn't Go To Church by southpole: 8:41am On Jan 20, 2019 |
samista: You said it all, Freeze does not have the spirit of God in him at all Are you God? Is only God that knows |
Politics › Re: 91% Of All Absconded Policemen Sent To Fight Boko Haram Are Christians - FFK by southpole: 12:46pm On Dec 27, 2018 |
SolutionMee:

I'm also a Christian and I think it's high time God should allow all Christians to prove their faith beyond doubt so as to separate believers from unbelievers.
I don't love the idea of someone being a powerless Christian. The name of Jesus carries fire (even on the battlefield). You that is a strong christian pray let fire comes down from heaven and consume all boko haram members , Elijah a strong christian did it, you that is a strong christian this is a priceless opportunity to also prove yourself. |
Politics › Re: Flood Sacks Otuoke, Ex-president Jonathan’s Hometown In Bayelsa by southpole: 7:35pm On Oct 21, 2018 |
LastSurvivor11: Sad, this is what people from riverine area faces yearly.. that's why it's difficult for them to develop, amount of 10km road in some parts of bayelsa or warri will build 60km in some other parts of the country.. And what Bayelsa and Delta receive as federal allocation in a month is what some other parts of the country receive in a year |
Politics › Re: First Look: How Nigeria May Decide - ThisDay by southpole: 11:59am On Oct 14, 2018 |
Kaduna should have gone to PDP. About 50% of the population in Kaduna state is in Southern Kaduna and this region is about 80 to 90% PDP at any time. There is no way the southern Kaduna people will vote for APC. With the influence of Makarfi and other PDP chieftains in Northern Kaduna couple with how El Rufai is running the state, PDP is must likely to take Kaduna state in both the gubernatorial and presidential elections. |
Properties › Re: Abuja Records 30% Decline On Tenancy Fees by southpole: 8:30am On Aug 07, 2018 |
It is my personal opinion that the article failed to state one very important contributory factor leading to the cut in rent. And this factor is the high degree at which new estates are coming up in Abuja. There is no place you will go in Abuja that you will not see several residential estates coming up. So many of them are scattered all over. Yesterday I visited river park estate in lugbe along airport, this estate after completion will have not less than 500 to 1000 duplexes of all cateigories , on completion this estate a lone will affect the cost of renting houses in Abuja. I can count more than 10 new other estates coming up along the same airport with each having not less than 100 to 150 duplexes of different categories on the average and this is only airport road. If you put together the number of new estate coming in Abuja everyday it will not be out of place to say that in the near future the cost of buying a house or renting one will crash again. |
Literature › Re: List Your Top Five Greatest Books by southpole: 5:09pm On Jul 03, 2018 |
1. Who moved my cheese. 2. Eat that frog 3. The magic of thinking big 4. The answer 5. Why "A" students work for "C" students and "B" students work for Government |
Investment › Re: What Is Wrong With Genexpayments? by southpole: 10:31am On Nov 05, 2017 |
There is absolutely nothing whatsoever wrong with GENEX site, people are presently being paid their weekly interest as usual, thousands have received theirs and others are still being paid as Sunday is the GENEX piggy pay day. I have been collecting my weekly payment since April when I first invested in GENEX that is over 24 weeks now and there has not been any problem. May be you forgot your password and if that is the case contact GENEX customer service or the standby 16 Adkins they will answer you speedily. GENEX has made many of us millionaires in less than a year and is still 100% reliable. |
Investment › Re: Nigeria Biggest Crypto Currencies Exchange Company Is Offering 20% Shares 4 Sale by southpole: 4:48pm On Oct 18, 2017 |
I tried them several times and their services very excellent and in my over 20 times of using them they delivered what the promised. This prompted me to enrol in their investment plans and for about 30 weeks now they have been paying me weekly without a single delay |
Politics › Re: QUIT NOTICE: Igbo Community In Borno Held Peace Meeting With Borno People by southpole: 7:58pm On Jun 25, 2017 |
Begging is what happened to a people who lacks wisdom, after shouting Biafra they are following one prominent northerner to another begging for unity. Even uwazurike who promised brimstone and fire flew to Zaria to beg Ango Abdullahi |
Politics › Re: PDP Governors Meet At Fayose's House In Abuja Over Supreme Court Judgement by southpole: 5:31pm On Jun 16, 2017 |
unitedsurv: Niger Delta militants have issued fresh threats to northerners in the region to vacate before October first or they risk facing their wrath. The militants had issued a threat following a 90-day ultimatum given to Igbos in the north asking that oil blocs belonging to northerners be forfeited.
“As a follow-up on our previous press release, a joint meeting between the Coalition of Niger Delta Agitators and youth leaders across the Niger Delta region held today (Thursday) in Port Harcourt to review the state of the Nigerian nation and the position of Niger Delta in the Nigerian state. After hours of deliberation; we hereby resolve as follows: “All northerners living in the Niger Delta have been given three-month notice to quit the Niger Delta before October 1, 2017. We still stand by our previous decisions and we demand the immediate return of the oil blocs owned by northerners to Niger Delta people. “All oil and gas companies operating in oil bloc(s)/well(s) illegally owned by northerners should also vacate such oil blocs/wells/platforms before October 1, 2017. I hope the Niger Delta is ready to contain the over 15 million Igbos that will be forced out of the North because the Igbos would be looking for a weak people to dominate and is mostly likely to be the Niger Delta minority tribes. |
Crime › Re: Aguleri & Umuleri Clash In Anambra, Heads Broken, Properties Destroyed (Photos) by southpole: 1:57pm On Jun 11, 2017 |
Alariwo2:

The heads broken part got me. Igbos should be used as a case study. They are the only same-language speaking tribe that discriminate among themselves.
They fight one another like sworn enemies Where resources are very scarce even identical twins will fight each other |
Crime › Re: Aguleri & Umuleri Clash In Anambra, Heads Broken, Properties Destroyed (Photos) by southpole: 1:52pm On Jun 11, 2017 |
Akshow: Nigerians should grant these people their biafra and watch them lynch each other. People wey no like themselves before. Nonsense konkobility and ingredient. One can only imagine what will happen if the millions of Igbos in the North relocated back |
Politics › Re: Igbo Free To Form Their Own Nation, We Can Live Without Them — Arewa Youths by southpole: 1:45pm On Jun 11, 2017 |
ozowarac: We Died In 1966, We Won't Die In 2017
By Elochukwu Nicholas Ohagi
Just after that first coup. I mean that Nigeria coup led by Kaduna Nzeogwu in collaboration with many other soldiers from other ethnic groups and tribes, came the counter coup led by Northern officers who branded the first coup Igbo coup.
They killed the head of state in the person of Aguiyi Ironsi. Ironsi was killed in the most barbaric way by those barbarians. They tied him on a military jeep and had him dragged along the road until he died. Ironsi is an Igbo man. Those barbarians which has the current Nigeria civilian president as one of them gathered Igbo and other Eastern soldiers together, disarmed them and had them killed. Same happened in the police, And other organizations. These killings didn't quench their taste for blood. They headed to the airports and shot everyone they met in that airport that is from Eastern Nigeria.
Did they stop? No they didn't. Their people joined them. Civilians joined in the killing. Owing to the number of Igbos and other Easterners killed in the North, it won't be a mistake to say that 85% of northerners in 1966 were all murderers. When I say Northerners I mean both core North and middle belt. They marched out and killed every Igbo man and everybody that looked like Igbo in the entire North. Gowon who took over as a military head watched as more than 700,000 Easterners were horrendously butchered to death.
So my dear Igbos currently in the north, this was how it happened. I knew you never had opportunity with history. I was lucky, I did history for 6years. So am telling no fairytales. Don't say you are not in the North, that you are in the Middle Belt. Don't just commit suicide brothers. These people were Christians in 1966 when they stopped Igbos in Benue Bridge returning from core North and massacred them all. Sad, yes, but its true. They were still Christians today when Arewa youths threatened to kill Igbos and take their properties in all the 19 northern states and they kept quiet.
This people are not Oba of Lagos or Yorubas who joked with throwing us into the lagoon if we vote against the candidates they wanted in Lagos. Brothers these people are ruthless, evil, and barbaric. They are terror minded people. A people that can kill 800 of their own in a night can do worse and there will be no world outcry. Remember, Nigeria life doesn't matter to UN as far as their illegal businesses are going on. And they will always support the North because they are the reason they are still in business.
Start now to prepare. See whoever that is telling you to continue going about your business in the North as the enemy. The South Eastern governors that failed to defend you against Fulani herdsmen in Biafra Land can't be assuring you of safety in a faraway land like Kano. Think brothers, think.
I know relocating won't be easy, but life is the best. Will you rather die?
Start proper documentation of your properties. Send other things home. Bring back children. We have enough schools here. Those in higher institutions should start making move for proper transfer. Are you an Igbo corp member reading me right now, and you are presently in the orientation camp anywhere in the North, please start relocation arraignment before Monday you will be leaving camp.
We died in 1966, we won't die in 2017.
A word is enough for the wise. I am not doubting nor affirming what you wrote because you claim you witnessed the events that happened while I was born in 1967. But one attribute I see in all igbos articles about the events of 1966 to 1970 is that an Igbo writer just like you will never ever state the people that started the killings in 1966 and as you might have known since you were there the Igbo started the killings. A military coup headed by igbos killed state men from other regions of the country and informed their kinsmen to disappear or rather spared their own kinsmen and they think the world will clap for them for a work well done? if any tribe thinks it will kill other people's strong men and nothing will happen I think that will be the highest form of human stupidity. 1966 coup could have been welcome by all if not because of the Igbo tribalistic mentality that was introduced and yet you don't think that was the cause of the problem. I am not supporting the killing of the Igbos by the Northerners even though writers like you will never state that igbos also killed other people but I just want to point out the cause as you cannot treat a disease without paying attention to the real cause. Igbo like you seem to be making the same mistake, instead of cautioning ipobs whose actions led to the ultimatum by the northern youths you rather chose to tell us the killings in 1966. Why has nobody in the east including the elders has really come out to strongly caution ipob? Why are the Igbos thinking that they will have Biafra and still remain and dominate the economy in the North another man's land? I think you igbos have not really sit down and think about the consequences of iPod agitation. Why are members of the national assembly from the Igbo extraction not championing the creation of Biafra if the activities of IPOB are not a call to war? One could have reasoned that in a Democratic setting like ours Igbo senators and house of rep members should have worked out a strategic framework for a peace actualization of Biafra or restructuring rather than leaving it in the hands of miscreants and expect other people to keep quiet IPOB CANNOT BRING BEE'S WASP IN THE MARKET SQUARE AND THINK THAT AN IGBO MAN WILL NOT BE STUNG |
Politics › Re: Igbo Free To Form Their Own Nation, We Can Live Without Them — Arewa Youths by southpole: 1:35pm On Jun 11, 2017 |
ozowarac: We Died In 1966, We Won't Die In 2017
By Elochukwu Nicholas Ohagi
Just after that first coup. I mean that Nigeria coup led by Kaduna Nzeogwu in collaboration with many other soldiers from other ethnic groups and tribes, came the counter coup led by Northern officers who branded the first coup Igbo coup.
They killed the head of state in the person of Aguiyi Ironsi. Ironsi was killed in the most barbaric way by those barbarians. They tied him on a military jeep and had him dragged along the road until he died. Ironsi is an Igbo man. Those barbarians which has the current Nigeria civilian president as one of them gathered Igbo and other Eastern soldiers together, disarmed them and had them killed. Same happened in the police, And other organizations. These killings didn't quench their taste for blood. They headed to the airports and shot everyone they met in that airport that is from Eastern Nigeria.
Did they stop? No they didn't. Their people joined them. Civilians joined in the killing. Owing to the number of Igbos and other Easterners killed in the North, it won't be a mistake to say that 85% of northerners in 1966 were all murderers. When I say Northerners I mean both core North and middle belt. They marched out and killed every Igbo man and everybody that looked like Igbo in the entire North. Gowon who took over as a military head watched as more than 700,000 Easterners were horrendously butchered to death.
So my dear Igbos currently in the north, this was how it happened. I knew you never had opportunity with history. I was lucky, I did history for 6years. So am telling no fairytales. Don't say you are not in the North, that you are in the Middle Belt. Don't just commit suicide brothers. These people were Christians in 1966 when they stopped Igbos in Benue Bridge returning from core North and massacred them all. Sad, yes, but its true. They were still Christians today when Arewa youths threatened to kill Igbos and take their properties in all the 19 northern states and they kept quiet.
This people are not Oba of Lagos or Yorubas who joked with throwing us into the lagoon if we vote against the candidates they wanted in Lagos. Brothers these people are ruthless, evil, and barbaric. They are terror minded people. A people that can kill 800 of their own in a night can do worse and there will be no world outcry. Remember, Nigeria life doesn't matter to UN as far as their illegal businesses are going on. And they will always support the North because they are the reason they are still in business.
Start now to prepare. See whoever that is telling you to continue going about your business in the North as the enemy. The South Eastern governors that failed to defend you against Fulani herdsmen in Biafra Land can't be assuring you of safety in a faraway land like Kano. Think brothers, think.
I know relocating won't be easy, but life is the best. Will you rather die?
Start proper documentation of your properties. Send other things home. Bring back children. We have enough schools here. Those in higher institutions should start making move for proper transfer. Are you an Igbo corp member reading me right now, and you are presently in the orientation camp anywhere in the North, please start relocation arraignment before Monday you will be leaving camp.
We died in 1966, we won't die in 2017.
A word is enough for the wise. I am not doubting nor affirming what you wrote because you claim you witnessed the events that happened while I was born in 1967. But one attribute I see in all igbos articles about the events of 1966 to 1970 is that an Igbo writer just like you will never ever state the people that started the killings in 1966 and as you might have known since you were there the Igbo started the killings. A military coup headed by igbos killed statements from other regions of the country and informed their kinsmen to disappear rather spared their own kinsmen and they think the world will clap for them for a work well done? if any tribe thinks it will kill other people's strong men and nothing will happen I think that will be the highest form of human stupidity. 1966 coup could have been welcome by all if not because of the Igbo tribalistic mentality that was introduced and yet you don't think that was the cause of the problem. I am not supporting the killing of the Igbos by the Northerners even though writers like you will never state that igbos killed other people but I just want to point out the cause as you cannot treat a disease without paying attention to the real cause. Igbo like you seem to be making the same mistake instead of cautioning ipobs whose actions led to the ultimatum by the northern youths you rather chose to tell us by the killings in 1966. Why has nobody in the east including the elders has really come out to strongly caution ipob? Why are the Igbos thinking that they will have Biafra and still remain and dominate the economy in the North another man's land? I think you igbos have not really sit down and think about the consequences of iPod agitation. Why are members of the national assembly from the Igbo extraction are not championing the creation of Biafra if the activities of IPOB are not a call to war? One could have reasoned that in a Democratic setting like ours Igbo senators and house of rep members should have worked out a strategic framework and work out for a peace actualization of Biafra rather than leaving it in the hands of miscreants and expect other people to keep quiet IPOB CANNOT BRING BEE'S WASP IN THE MARKET SQUARE AND THINK THAT AN IGBO MAN WILL NOT BE STUNG |
Politics › Re: Igbo Dare Arewa: We Won’t Leave North …demand Ango Abdullahi’s Arrest by southpole: 12:05pm On Jun 11, 2017 |
Sealeddeal: the truth is that Igbos have varying views about Biafra. I served in Jigawa state. I served there with some Igbos who are residents of Northern state and whenever I start my campaign of Biafra, they will reject the idea vigorously. A lot of them don't want to go. While I will be happy if Biafra is achieved, the truth is that Arewa Youth ultimatum is uncouth and has envy and jealousy written all over it. The ultimatum has nothing to do with Biafra, they are hungry youths that think that, by confiscating Igbos belongings, they will solve their poverty problems. If you think the quit notice has nothing to do with Biafra, then you did not analyse it correct. The hidden message in the statement is that Igbos must vacate the North when they get biafra |
Politics › Re: Ango Abdullahi Backs Quit Notice To Igbos Issued By Northern Youths by southpole: 10:04pm On Jun 09, 2017 |
jomonic: Coveting properties of other people. How does it feel to wish your neighbours ill so you can acquire his properties. That is a very low state of human existence. In case you don't those properties were obtained with money from the North. The building blocks were made from the sand dug from the North. Have you read the story where the ibos ran to the emir of katsina for protection following the quit notice? |
Politics › Re: Ango Abdullahi Backs Quit Notice To Igbos Issued By Northern Youths by southpole: 8:54pm On Jun 09, 2017 |
jomonic: All the long gibberish you put down here is very easy when you are not on the receiving end. Yes political positions is a game of numbers when it is based on a mutually agreed democratic systems. The Nigerian constitution which forms the basis of everything was crafted by the military government without the free input of all the diverse people that make up the nation. Evidently, those who are favoured by this status quo like yourself appear to be at peace. What you cannot deny other people who are aggrieved is their right to self determination. It is possible to attain self determination through formal processes where there are provisions for it in the constitution. Apparently this is not the case with Nigeria at present. That is why we will have to seek other ways to achieve it and that is the present agitation and conversations that we are having hoping to appeals to your dead consciences. We are mindful that oppressors never release their hold freely but they always do in the long run. Many nations have passed through more difficult oppression that the Igbo; even under more lethal opponents. I tell you my friend Nigeria never see anything. Nobody is against your self determination your representatives in the national assembly should be bold enough to start the process, if truly you people are serious. Be informed that there will be 2 referendum, one by the South East whether they want Biafra or not and one by the North whether to allow the Igbos to stay in the North or not after Biafra. One thing is clear, you can never have the two. |
Politics › Re: Ango Abdullahi Backs Quit Notice To Igbos Issued By Northern Youths by southpole: 4:35pm On Jun 09, 2017 |
jomonic: So you are suggesting that the price to pay for ''dominating'' the economy is to accept the status of second class citizen. I don't think you people are serious. It is also unfortunate that some elders act like foolish children. However I am not one of those that take the infantile and empty threats seriously. I only take it as a response based on total lack of understanding for the resolve of Ndi-Igbo at this point in time to move on since Nigeria does not want to change and fully accommodate them for over 50 years of sharing the same country. After several decades the resolve to contain the Igbo is affecting the entire development of Nigeria and the knock-on damage in on everyone. We must move on. Hence two options; change the political structure or break the country peacefully. There is no other way and the time is now. We don't dislike Hausa / Fulani or Yoruba or anybody but we do not want you to repress or control our destiny for ever. We are over 60 million strong people in Nigeria and our agitation must be considered seriously if this country is serious. If Africans in South Africa can wrestle power from the apartheid government, then how much more Nigeria that is comparatively a toy country. Can't you understand? My friend political position like the president or what ever you thing is a game of number not agitation and is neither a birth right, the Igbo should go and learn what is politics and democracy, you people cannot behave politically naive and expect people to take you serious. And by the way Igbo are not the only tribe that is politically marginalised in this country you are even lucky than other tribes because you have produce a president, vice president and many senate presidents while thousand of tribes in this country have not been so lucky. For the two options you stated, the Igbos cannot force anybody to change the political structure of this country so forget that one, and as I stated earlier politics is a game of strategic thinking and number you cannot behave naive and get what you want. And for the second option you stated, nobody is against the Igbo having their own country but what the North is saying is that have your Biafra but move out of the Northern region. And as I stated, if the Igbos think they will have Biafra and still remain in the North that will be the highest point of human stupidity. Anytime you remember Biafra also remember Kaduna declaration. you said you are not afraid of empty threat, that sounds you were born after the civil war get time to consult with those who saw that war. |
Politics › Re: Ango Abdullahi Backs Quit Notice To Igbos Issued By Northern Youths by southpole: 3:08pm On Jun 09, 2017 |
jomonic: This professor is amazing in his one sided reasoning. Is he aware that there is something called self determination of a people. Did the Igbo seat in a group meeting to plot the first coup? The answer is capital NO. But lets assume that this is the case and that they were defeated in a bitter conflict as a result. What makes this idiot professor think that the condition of overlordship on a defeated nation can go on in perpetuity. Let this man look through history. Even great empires like the Romans or the Greece won, controlled and lost hold of defeated empires. The reasons for their loss is today replicated in the way Nigeria has refused to accommodate the Igbo, a condition that is fast approaching its end time. Blinded by pride and arrogance; intoxicated by the life of unmerited affluence, they fail to realize that this country is expired. The Northern people are not against the Igbo having their own nation Biafra as the Igbo have been crying for, the North is only saying that take your Biafra but leave our region. The north is not calling for violence, but if the Igbos thing they can have Biafra and still remain in the North and dominate its economy that will be the highest point of human stupidity. So any day you shout Biafra remember Kaduna declaration |
Business › Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by southpole: 5:10pm On May 28, 2017 |
NwaObinkita:
 AMCON should also sell River Niger and Benue and Univeristy of Nigeria Nsukka to him.
Since Dangote is the only Nigerian businessman. Nonsense Not really against your comment but remember that the power sector was divided and sold to the other Nigerian businessmen you are crying for but where is the power sector now, perhaps if they had sold the power sector to Dangote probably we could have been better because he has the financial muscle to turn things around. Those who bought the power sector can not even provide near enough prepaid meters after years of purchase and the prepaid meters happened to be among the cheapest component. It is not about who buys, but who can fix it |
Agriculture › Re: I Found Multiple Pythons On My Farm (Photos) by southpole: 5:24am On May 04, 2017 |
fitinwell: I only see this on Nairaland. See what we found on my farm land today..Wtf!! :O Python with Eggs and 7 small pythons .. It was the farm worker that killed it I ran 1000 yards away ...
cc lalatisca
mods If I were you, I could have turn that farm to a python farm to rear pythons for commercial purpose |
Crime › Re: Groom Kills Man Attempting To Rape His Bride In Jigawa by southpole: 7:04pm On Apr 20, 2017 |
Punctual: All this killing and killing everything jst dey happen for north.........e be like say i no go go dat place again o..make i kuku stay for my country ondo town which means you no go gree go Ilorin or Abuja because all na North |
Politics › Re: TSA: Nigerian Government Realises N7trillion by southpole: 1:40pm On Apr 20, 2017 |
Willie2015: Keep your disappointment to yourself and read my comments carefully.
My argument is still simple, it is not advisable to start a business in a recession period. The bottom line is that it will collapse like any other business in this harsh environment. I am not trying to discourage any young entrepreneur, I am only giving folks a dose of reality.
Preservation of capital is of utmost important in this period.
Dont twist my comments. You clearly stated that stocks are for the rich and also mentioned example of your friends that made =N=300 dividend from Zenith Stock. My comments is to change your mindset that stock trading is not only for the Rich, poor folks can also make use of amount like =N=100k to trade.
Pls dont go about smooth talking pple into wasting their scarce resources in the name of starting one biz in this recession. The simple truth is that business are likely to survive when the economy is not in recession and I will have been on ground zero if I started my biz during this recession.
My friend It is advisable to start a business in a recession if after the feasibility study the indicators are showing green, so it depends on the out come of the feasibility study. Your argument sound so theoretical may be that is what you learned from a school professor who does not even have a business. Drop those school theories some of them are very wrong. You have said it yourself that you can start a business now with just 100'000 naira and in a year you will have N200,000 so why are you saying is not advisable to start a business in a recession? may be you have to go back and really understand the meaning of business. In a recession when value of houses are going down if you can become an agent linking rich people to buy these cheap houses and get your commission which may be running into millions like in Maitama, Asokoro and other choice areas in Abuja is that not okay?
Now why I said buying shares is not for the poor and will never advise a poor person to buy shares. In the same year that my colleaque bought Zenith shares worth N50'000 and got N300 as dividend, that same year Jim Ovia's dividend in the same year and bank was about N250, 000, 000 (250 million naira) while the dividend given to my colleaque was consumed by inflation before it s arrival Ovia' s case was different.
The poor who bought bank shares in 2007 that were sold above N50 and some even N60 per share what profit have they made today? knowing that since that year banks' shares went down and are yet to go up
The poor who had put in his N50,000 into pure water business since then most have made a lot of money far more than your poor people holding bank shares if they made money at all.
This think is not about those false theories and principles you learn in school is about critical analysis and common sense.
That is why you see those coming out with first class in business administration are not doing well in businesses if they ever have businesses at all, that is why those with first class in finance never make up the list of the most richest people.
You have read books written by University professors or those who have not done it, it is now time you read books written by those who have done it you will learn quite a different think.
There was this professor when we were in school called professor Eskotoyo, he was a professor of economic theories and when he speaks then you will think he can take a dwindling economy and turn it to world first economy in less than a year but this prof continued to live in poverty even to maintain his only one car his state government had to give him financial aid. Some of these things we learn in school are not applicable in the real world if you doubt me tell me any business professor in the whole world that can compete favorably with people like bill gate, dangote, and their likes.
I know people like you will prefer to learn under a university professor but I will prefer to learn under dangote, bill gate and their likes if given the opportunity. Even if it is not advisable to start a business in a recession I will rather prefer to hear it from the likes of dangote, otedola and others who have done it but certainly not from a university professor or you because you don't sound like one who have done it as your argument is guided by fear not scientific or empirical data. |
Business › Re: Dangote Begins Installation Of Oil Refinery Equipment by southpole: 9:23am On Apr 20, 2017 |
bettercreature: Lol you are funny! He is a business man he only thinks about making money Many countries could have given him land free and other incentives to build the refinery there with less cost but he decided to built it in his father land. Please he has Nigeria at heart and don't forget that some other Nigerians have refineries in other countries. |
Politics › Re: TSA: Nigerian Government Realises N7trillion by southpole: 8:12pm On Apr 19, 2017 |
Willie2015: These are general statements and you need to run a business practically to understand my position.
Cost of tyres for cars jumped from =N=17,000 to =N=38,000.00, cost of battery jumped from =N13,000.00 to =N24,000.00. Other motor vehicles parts and maintenance cost have doubled during this recession and yet without corresponding increase in transportation fees by passengers.
You still have to contend with police, frsc fines, other park fees,miscellaneous costs and theft by drivers while this administration also make things worse by increasing fuel cost to =N=145/litre. At the end of the month, your revenue hardly covers your running expenses. This business will have failed if I don't have enough shock absorber from other sources.
I am equally surprised on your statement that stocks are for the rich. Give me that =N=100,000.00 for a year, I will double it within a year or less just in the comfort of my house with my mobile phone. TBill & Bonds gives good interest without any risk to your capital.
Why do you think Banks stop giving loans to SMEs, their chance of survival is too slim and more difficult in this recession period.
Palm Oil may be a hot cake in Abuja but you need to understand the dose of reality that business is not just as simple as you have just described it. You will have to deal with,
- High Fuel/Transport cost from East to Abuja - Different fines by different security outfits on the roads - Presence of cabal in Abuja market that you dont even have control over and yet dictate price of your products -Inability to pass all these increasing cost to consumers because of low disposable income and on the longrun, you are even battling to even recover your capital.
In summary, its not about defeat, its about giving your business the best shot of survival with your scarce resources. This is the reason you see some coys in Nigeria moving their production base to a conducive environment. Actually I am very much disappointed in your argument and reasoning. Now hear you. You started by listing high cost of items you need to start a business including tyres, then you stated that you can double N100' 000 in one year with a handset in the comfort of your room, what a contradiction? So it means that not all businesses need those costly items to start with. So instead of discouraging young entrepreneurs why not teach them how to start a business that can turn N100,000 into N200,000 in the comfort of their rooms using a handset which almost all of them already have?. By your claim every person with a handset already has what it takes to start a businesses that will turn N100,000 into N200'000 in one year, and those with N200, 000 will have N400,000 in one year and they dont need N34,000 to buy tyres, they dont need N24,000 to buy car battery , they dont need to contend with police, frsc and other security agents on the roads and upon that they dont need to buy fuel for N145 per liter to run their businesses so why are you discouraging them? My friend you have what it takes to support the new change. If you can organise and train just 10,000 youth in a year in this your business and each of them train another 10,000 in one or 2 years and the chain continuous it will provide jobs for millions of people. By the way money is in technology driven businesses. Not every business need those high cost items to start with as you rightly confirm with your 100,000 naira business. When you are ready to start the training let me know so that I can sponsor some people and pay what ever fees you will charge so as to contribute to the change. LET GET TO WORK AND STOP COMPLAINING |
Career › Re: How Do You Feel When Sales Sail Southwards? by southpole: 7:29am On Apr 19, 2017 |
SSpeter: I have been a bit sober over the last two weeks. I am presently the head of my sales unit and my performance is nothing to write home about. Not just me, the entire sales department. Sometimes I don't feel justified getting paid ...the first quarter was terrible! I don't feel like going to work sometimes because everyone is wearing a frown. We have exploited almost all techniques...I am just sad sha..... is your company selling a good product with the right price? If you are finding it difficult to sell certainly it means your company is not giving out what people want. I cannot imagine somebody finding it difficult to sell pure palm oil with the right price in KANO. Just an example. |