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Standing5's Posts

Nairaland Forum › Standing5's Profile › Standing5's Posts

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Politics › Re: Iocs, Traders Place Orders As Lagos Begins First Crude Oil Shipping August... by Standing5(m): 3:08pm On Jul 29, 2016
If we continue like this it won't take too long for the ND to start getting empathy from hitherto parasitic states.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 11:56am On Jul 29, 2016
BlackSeptember:
Give up. Standing5 is raping you with points that your grunts will soon turn to ecstasy
That guy is obviously an irredeemable one.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 8:14am On Jul 29, 2016
DaBullIT:
Help us ask Fayose how much he has borrowed so far ?
It is not about the person of Fayose but the people in all 36 states here. Don't throw away the baby with the bath water pls.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 8:10am On Jul 29, 2016
blackpanda:
Try and learn, its not about winning argument. Its about fact and reality.
You see what u typed above, is the burden of debt in ogun state or niger state shifted to FG?? Dont make noise abt what u know nothing abt.

Btw it wasnt an insult. Rather its just ur ego that makes u think so.
You 've been brandishing irrelevant facts and avoiding reality based question all along. I highlighted the questions for you and pointed out your irrelevant facts withou insults.
The state are constantly pressing the FG for bail outs and therefore shift their primary responsibily to the FG's purse. Salaries of today's workers are being halved to pay for projects of yesterdays' government. That's wrong. No governor should speculate that way.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 7:54am On Jul 29, 2016
blackpanda:
Honestly its amazing how people reason. Do u know what infrastructure means?? Let me ask u this. Would u rather borrow N10million to just pay salaries and then empty ur treasury jst so that the state is not indebted, or will u borrow a N1billion and spread it over 30yrs then use to build schools, roads, portable water, electricity etc?

What really is the point of having govt if not provision of basic amenities? After paying your workers salary, what next? Will they pass bush to work? Go to the stream to fetch water to drink? Or eat sand for food?? I know u are much smarter than u pretend to be.
Even your penchant for avoiding questions, raising irrelevant facts and issuing insults is well noted, I will let them slide for maturity sake. If I am to educate you further, even your concept of government borrowing is 100% flawed. Govts borrow in order to have a headstart on developemental project and meet deadlines, and not to avoid an empty treasury.
Going back to you post, it make zero sense borrowing to create infrastructure that can't immediately impact the repayment process of the debt itself. Even if you insist that's the case, it doesn't equate to the wastage we see daily. I mean the inflated project and wasteful spending like free meals and salaries. You need to stop avoiding a solution because of the identity of its provider.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op):
blackpanda:
U see sometimes, if u dont know what to say its best to keep quiet. A school of thought once said "it is better to be quiet and be thought a fool. Than to speak and erase all doubt". Below is US states ranking of indebtedness and almost no growth. But the infrastructure in these cities are second to none. Debt is not the enemy. Its about spending the funds wisely
Your insult applies to you bros. A dependent state in US can borrow as it deems because the burden of repayment won't be shifted to the USA's FG. In Nigeria it is another ball game entirely. The earnings of states here is largely dependent on oil prices which none of the states or FG can control. Borrowing is suppose to be proportional to IGR and not projected earning you have no influence over.
What you are saying by brandishing irrelevant facts about USA borrowing is like saying a jobless and income-less family man is free to borrow money to train his children. Even when he has no sure hope of becoming financially independent anytime soon. Think before you type back pls, insult don't win argument they way you are brandishing them here.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 7:26am On Jul 29, 2016
blackpanda:
And also, it does not matter whether the governor borrows beyond his tenure, cos government is a continuum. So long as the funds are used for developmental projects that will improve lives and yield revenue in the long run. Asking a governor not to borrow means he shld only be entitled to funds that must be paid back in 4yrs. That does not sound realistic.
You are arguing base on the assumption that corruption is totally absent. That's not the case. In Aregbesola's example, how does free feeding scheme and free money schemes of today justify the indebtedness of the unborn generation? Even the capital project u used as excuse don't overshoot the tenure of initiating governors/government by 18 months at most, so why borrow into the next 30years? That's like forcefully executing capital projects on behalf of the next governor and even borrowing future staff salaries & pensions. In aregbes' case as it stands today, the schools he is building today aren't going to impact state's earning until the next 15 year at best.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 7:11am On Jul 29, 2016
blackpanda:
There is no state or country in this world that does not borrow, including america and china. Borrowing is not the problem, rather ability to manage the borrowed funds for the purpose it was borrowed and to pay back as at when due.
Your arguement is only valid for independent state who fund their own activities/budget and not dependent states who have no control over what pays their bills. The fall in oil price has exposed this simple fact. Today states are in debt because they have virtually no IGR to support themselve and dynamics of oil pricing is well beyond the President or the FG. Stop comparing financially dependent states in Nigeria with independent ones in the US.
Politics › Re: Update On Mosanto Invasion Of Nigeria by Standing5(m): 7:01am On Jul 29, 2016
They access into Nigeria will be easy as we love easy things. No mechanisation yet we want large harvest.
Politics › Re: Agreeing With Fayose On Borrowing by Standing5(op): 12:13am On Jul 29, 2016
Imagine a child(states) who demands pocket money and social freedom from his parent(FG) always borrowing into project earnings of his parents. You can't be an independent borrower and a dependent payer of your debt. You either borrow with the FG's blessing and get help from the FG in times of hardship or forget about FG bail out all together. The parasitic states are killing Nigeria.
Politics › Agreeing With Fayose On Borrowing by Standing5(op):
I want to agree with Fayose on his opinion about borrowing. Governors shouldn't be allowed to borrow beyond their tenure.
Allowing governors borrow beyond the expiration of their tenure is just another killer blow to our already corruption-defeated system.
Take Osun state and Aregbesola for example, the next governor after him will be naturally starved of funds because the bulk of all future allocations have been expended on funny schemes (free feeding, free money, ópón ìmo and co) in the present through borrowings. Any governor who feel Federal Allocation is guarenteed to be stable can take an insurance policy on such projection so that in event of future failure of the FG to pay them according to the projection their insurance co. can bail them out. A step I am sure no insurer will risk.
In the past One Nigeria has been held together with the urge and appeal of free & easy oil money but today it being held together by debt from reckless (ex-)governors like Fayemi and Aregbesola who have managed to spend in the free money of the future. I pray our usual APC vs PDP warriors understand my arguement here and desist from derailing the discussion on a burning issue.
Standing5

lalasticlala, seun, mynd44 are invited
Politics › Re: Dogara Threatens To Sue Premium Times by Standing5(m): 8:25pm On Jul 28, 2016
As long as he pads the suit against them no shaking.
Politics › Re: There’s No Proof I Stole Rivers State Money – Amaechi by Standing5(m): 8:23pm On Jul 28, 2016
Whether you stole it or not is another ball game entirely . . .
Business › Re: Nigerians Must Begin To Overcome The Fear Of Becoming An Entrepreneur Now!!! by Standing5(m): 8:18pm On Jul 28, 2016
DirtyGold:
Bro, I didnt start now neither am I looking to start now because I started around 2010 and I understand what the journey has been like. I also know and work with those who started in 'this' economy and what they are facing...

Motivation has its place but reality is superior. So, I guess it is left to those reading to figure out how to juxtapose the inspiration from this thread and how much their appetite for risk is.

Besides, success 'stories' are sweeter when told by successful people because you only hear about an elaborate narration of every bit of 'hardship' they experienced while they willfully leave out what was going well for them especially the resources, people and support they had.

And my point is, be realistic, properly examine the bulshit that might be driving you and always remember that doing business is an investment and there are no guarantees especially as a startup.

If anyone is discouraged by my lil talk, it simply means, that that idea and the drive to see a business succeed is not mature enough and I just saved you from a failed business.

What's tha business?
I am with you man. That OP is like those guys who sell books on how to become a millionaire in motor parks. If the books work 5% in their live they won't be selling it in motor parks.
How do you compare an industrialist who has to juggle the task of generating his own power at 4 times the industrial rate and running his business to another in China or Ghana who gets his own power 4 or 5 times cheaper at his meter and brings his/her products to you doorstep cheaper than you produce yours?
The OP is one of those textbook heavyweight who combine factor of production on paper and not in workshop.
Business › Re: Nigerians Must Begin To Overcome The Fear Of Becoming An Entrepreneur Now!!! by Standing5(m): 7:57pm On Jul 28, 2016
importexpert:
dangote, dantata, otedola, all our indigenous banks and other successful businesses are all aware of such pitfalls. their difference with you is that they saw it as a challenge they must tackle and defeat and you see it as an obstacle that will not allow you to do anything.
You don't know shít about me . . .
My post is talking about Nigerians generally. The thousands of them who leave for China, Togo, Ghana etc and are able to export their products back into Nigeria at a cheaper rate. Grow up and stop throwing personal jibe for an issue that's a system issue and affects all including your much adored Dangote, Otedola etc.
Business › Re: Nigerians Must Begin To Overcome The Fear Of Becoming An Entrepreneur Now!!! by Standing5(m): 6:11pm On Jul 28, 2016
Fear is real but the harsh challenges are real too. How do you go into singlet production when factors of production like power, water, road, labour are inflated and yet the border is porous enough for smugglers to bring in cheaper alternatives to your market?
Politics › Re: From ‘poorly Qualified’, The Economist Says Adeosun Is A ‘tenacious’ Minister by Standing5(m): 11:31am On Jul 28, 2016
drss:
wetin consign mehuh all i know is dat during GEJ/NOI era, pipul no dey sell dem children for 1bag of rice. grin
NOI's own record speaks against her. Check the economy under OBJ vs GEJ. It shows she is just a typical yes-person. Same person who borrowed to pay under the regime with the highest earning. She demanded to be paid dollar during OBJ's tenure but admitted that dollarisation of our economy is bad when schools and businesses started doing same under GEJ.
Politics › Re: List Of 31 Ex-Governors That Will Face Corruption Charges by Standing5(m): 11:00am On Jul 28, 2016
todayboy:
How come no APC former governors is among inthe list

Tinubu is not there and amechi is not there

All I I see is witch hunting
That will be waste of money. The last admin already probed them and had to resort to stealing arms fund with which they sponsor documentary and propaganda.
Travel › Re: The New Abuja-Kaduna Train/Railway Station: See The Beauty And Comfort (video) by Standing5(m): 12:46am On Jul 28, 2016
MrKong:
Those who try to steal my legacy will be prosecuted using the modern technology we acquired...even America knows!
Mumu America knows his backyard more than him . .
Politics › Re: How $50bn Stolen Crude From Nigeria Found Its Way To Refineries In Europe, Us by Standing5(m): 9:45pm On Jul 27, 2016
NaijaMutant:
Op, If i finish reading all this your long epistle will it bring back the stolen $50billion crudehuh
OR Will it prevent the present thieves in govt from the continued thieving of our oyel through the back doorhuh



Will it even prevent Buhari from using it as an excuse why he failed Nigerianshuh



share if you read all
Politics › Re: How $50bn Stolen Crude From Nigeria Found Its Way To Refineries In Europe, Us by Standing5(m): 9:33pm On Jul 27, 2016
drss:
Ahh more food for zombies to divert attention from hunger.
Wailing machine. Any attempt at revisiting the wrongs of the past amount to diversion for your likes. Keep it up. There has to be an opposition so I won't blame you.
Politics › Re: How $50bn Stolen Crude From Nigeria Found Its Way To Refineries In Europe, Us by Standing5(m): 9:32pm On Jul 27, 2016
Systemic decay.
Picture an epileptic car with its various parts facing at least 2 problems each. That car is Nigeria. The various components of the system are sick and so can't combine to function well.
Family › Re: 21-year-old Marriage Dissolved Over Food by Standing5(m): 8:24pm On Jul 27, 2016
The man appears to be lying.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 1:17pm On Jul 27, 2016
Almajiri1:
Has the fulanis and host communities not been having healthy interactions up until recently?Why the sudden escalation?why is the government not holding the registered fulani herdsmen accountable?Are these people really the fulanis that has lived and interacted with their host communities for long and even inter married?
how recent is that? Stop banking on ignorance. Fulani-farmer conflict is centuries old
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 1:03pm On Jul 27, 2016
Almajiri1:
I'm talking of nature's free grass.If the cows venture beyond their boundaries and accidentally stampede or graze on farmlands,In some communities with working understanding between the herders,penalties are paid.

Some fulanis are known to pay like two to three cows yearly for access to graze on the community common properties.Fulanis are also known to ne scammed in this process.Fulanis and the host communities can live in peace once there's understanding and trust from both parties.This is an easy thing to solve if we had the right leaders.
Keep regurgitating your weak lines. Communities are being wiped out every other month. Where are the fulani casualties. Are fulanis the only rearers of cattles?
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 12:47pm On Jul 27, 2016
Almajiri1:
Anyone from the community.
which community? Why do we have police? That's an unaceptable excuse. Even if true what prompted it. You mean the herdsmen who leave north and go to south with rifles are the victims. Please cook up another one.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 12:42pm On Jul 27, 2016
Almajiri1:
The fulanis are neither complaining.infact,they are happy rendering such services to the nation and deserves respect.All they are asking for is free access to nature given grasses to feed their animals and maintain the current low price than is obtainable in other worlds.
Since when has corn, millet, vegetable become grass? You talk like the farmers are just growing crops for the sake of growing.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 12:31pm On Jul 27, 2016
Almajiri1:
What you have failed to do is to understand and see through the eyes of the fulani boy.

Fulanis are been killed too with their cows stolen at will.Both the fulanis herdsmen and farmers deserves justice to which the government has responded with the grazing bill.
killed and robbed by who exactly? The farmers? If farmers are provide grazing corridor, who provides grazing corridor for poultry farmer? Maybe they need to start grazing their chicken on millet plantation too.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 12:18pm On Jul 27, 2016
Almajiri1:
These are verifiable facts.The fulani are not nurturing SMART-COWS which has the ability to know that a small farm might be hidden in the midst of a forest.
If cows can't recognise small farms isn't that the work of the cattle rearers? By your answer we can safely assume cows are smarter than their owners.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 12:16pm On Jul 27, 2016
Almajiri1:
You are a consumer as long as you've ever been served with Fulani cow meat which facts have shown are the cheapest when compared with other worlds.
Always avoiding one question and giving a dull answer to the other. Were the fulani men forced to serve the consumers at a cheap rate or for free? You answers have been weak so far.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 12:00pm On Jul 27, 2016
Almajiri1:
Until there's a clear cut distinction between private property and common property in Nigeria,there are bound to be infractions between the herders and acclaimed owners.

In civilized societies,private properties are well defined and secured against unauthorised access.likewise farmlands are well mapped out and common property left which can serve for cattle grazing and can be used by everyone in the community.
You are implying that the herdsmen don't know where farmlands starts and stop but you n I know that's not true. Crops in ridges are clearly seperated from weeds.
Politics › Re: The Menace Of Crop-Destroying Cattle, And The PEACEFUL Way Forward by Standing5(m): 11:32am On Jul 27, 2016
Almajiri1:
I submit that the only permanent solution to this little misunderstanding between the herders and consumers, is for the consumers to prepare grazing corridors as a green carpet reception across the length and breadth of Nigeria as a sign of Respect for the unsang patriotic fulani herdsmen who has been feeding this nation with endless supply of meat.
Are fulani herdsmen feeding the nation with these milk and meat for free? If no, how does a crop farmer get money to buy his own meat and milk?
Please expantiate on the term consumer you used, who are these consumer?

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