StudentofTruth's Posts
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OneJ:my explanation is very clear. it's you that doesn't have the open mind to understand it. Just like the crowned prince is of one root(one royalty....he does not have a separate royalty/kingdom, his father's kingdom is his.) with his father, but he is a separate person from his father. peace |
Zodiac61:If you are a muslim or an aetheist thats OK. I thought you wanted to understand. peace |
sorepco:You may start with this. There other intelligent comments up there too. It's funny to see Nigerians applaud this Somoye guy simply because they felt mesmerized by the figures he's throwing. I know Nigerians hate mathematics and figures but at least common sense and basic principle would make the obvious more obvious. Admittedly, lack of political conditionalities and supervision (if true) of utilization of the loans is a good thing. But that's just about the only good thing about Chinese loans BASED ON THE FIGURES POSTED IN THIS ARGUMENT. The key features of a good loan shows that IDA is a far better option than the Chinese loans. The primary features of "better" loan lie in the INTEREST RATE and DURATION OF PAYMENT. 1.INTEREST RATE: Chinese 2-3 (or 3.6)%; IDA 1.25%. which is better? IDA of course. If you doubt it, I would ask you a question: if you're taking a loan would you go for a higher interest rate? I bet you won't. 2. Duration of payment: Chinese 12years, IDA 38years. which is better? IDA of course. In your personal loan I'm sure you prefer longer duration for easy payment. NOW THE ARITHMETIC FIGURES. He calculated a total Interest rate for Chinese loans for 12years as 43.2% (3.6x12). Then IDA loan for 38years as 47.5% (1.25x38). If FG can payoff Chinese loans in 12 years, nothing stops them from paying off IDA loan in 12 years (NOBODY SAYS YOU CAN'T OFFSET YOUR LOAN EARLIER). Based on his calculation of "total interest rate", IDA loan for 12 years gives 15% (1.25x12). So by his own calculation, given the same duration of payment, IDA is still by far the "BETTER LOAN". If this is your personal loan, I'm 100% certain you will prefer a loan that gives you CHEAPER INTEREST RATE and LONGER DURATION. (Even the Chinese if they can, would take IDA loan and lend it to Africa @Chinese rate and make some profit for themselves.....this is how banks make money if you know). I don't see how this appears like rocket science because it's on twitter but I understand Nigerians and basic mathematics are enemies. NB: His calculated figures are FUNDAMENTALLY FAULTY as Yearly Interest is calculated from Balance for each Year and not from initial capital. So his arithmetically calculated total INTEREST RATE is misleading. Total interest rate of what, original capital? Absurd. But I don't want to delve into that for now unless someone asks for it. I'm sure that's why Madam Oby left him alone with his glorified ignorance well exposed on twitter. Ignorance is a disease. Ignorance you're unaware of is incurable. |
[quote author=sorepco post=70987720]Some of us r trying to learn from that somoye guy. Please dont bring that tribal rubbish here. You saw him debate her and knock her out without insulting or demeaning her. I think i better join twitter where intelligent matured people converge.... [/quot knocked her out? The Somoye guy wasn't making any financial sense at all. Financial fallacy. Read some comments above and get educated if you want to. |
TheWordist:It's funny to see Nigerians applaud this Somoye guy simply because they felt mesmerized by the figures he's throwing. I know Nigerians hate mathematics and figures but at least common sense and basic principle would make the obvious more obvious. Admittedly, lack of political conditionalities and supervision (if true) of utilization of the loans is a good thing. But that's just about the only good thing about Chinese loans BASED ON THE FIGURES POSTED IN THIS ARGUMENT. The key features of a good loan shows that IDA is a far better option than the Chinese loans. The primary features of "better" loan lie in the INTEREST RATE and DURATION OF PAYMENT. 1.INTEREST RATE: Chinese 2-3 (or 3.6)%; IDA 1.25%. which is better? IDA of course. If you doubt it, I would ask you a question: if you're taking a loan would you go for a higher interest rate? I bet you won't. 2. Duration of payment: Chinese 12years, IDA 38years. which is better? IDA of course. In your personal loan I'm sure you prefer longer duration for easy payment. NOW THE ARITHMETIC FIGURES. He calculated a total Interest rate for Chinese loans for 12years as 43.2% (3.6x12). Then IDA loan for 38years as 47.5% (1.25x38). If FG can payoff Chinese loans in 12 years, nothing stops them from paying off IDA loan in 12 years (NOBODY SAYS YOU CAN'T OFFSET YOUR LOAN EARLIER). Based on his calculation of "total interest rate", IDA loan for 12 years gives 15% (1.25x12). So by his own calculation, given the same duration of payment, IDA is still by far the "BETTER LOAN". If this is your personal loan, I'm 100% certain you will prefer a loan that gives you CHEAPER INTEREST RATE and LONGER DURATION. (Even the Chinese if they can, would take IDA loan and lend it to Africa @Chinese rate and make some profit for themselves.....this is how banks make money if you know). I don't see how this appears like rocket science because it's on twitter but I understand Nigerians and basic mathematics are enemies. NB: His calculated figures are FUNDAMENTALLY FAULTY as Yearly Interest is calculated from Balance for each Year and not from initial capital. So his arithmetically calculated total INTEREST RATE is misleading. Total interest rate of what, original capital? Absurd. But I don't want to delve into that for now unless someone asks for it. I'm sure that's why Madam Oby left him alone with his glorified ignorance well exposed on twitter. Ignorance is a disease, ignorance one isn't aware of is incurable. |
chronique:Great one there my friend. You got the idea. I tell them that if the Chinese can they would take that IDA loan and keep lending it to Africa @ chinese rate making cool profits. That's how banks make money. |
jomoh:is it the lender that embezzled it? Beware of Chinese gifts. After the 12years, who maintains the infrastructure? Will you be sure of the quality after the 12 years? Yea @ Infrastructure. How much loan did Obj take to get the Telecom we're enjoying now. Do the needful and the market will take care of the rest. |
jomoh:See my dear nobody stops you from offsetting your debt earlier. it's all up to you the borrower. Now you have come to the Real Issue, UTILIZATION. That's is a problem with the borrower and not the loan itself. It's for the borrower to get himself together and do the needful. |
revolt:You made sense. Similar to what Obj did in Telecom. No rocket science. Nigeria ain't ready yet. when they are, we will know |
jomoh:In taking loans, NOBODY STOPS YOU FROM PAYING OFF YOUR LOANS EARLIER. It's your choice when to offset your loan provided it doesn't exceed the deadline. As far as principles of finance is concerned, IDA loan is a better one. IDA paid off in 12years still gives you much better "total interest rate" as used by the somoye guy. |
gurnam:I'm sure it won't be different from this. It's funny to see Nigerians applaud this Somoye guy simply because they felt mesmerized by the figures he's throwing. I know Nigerians hate mathematics and figures but at least common sense and basic principle would make the obvious more obvious. Admittedly, lack of political conditionalities and supervision (if true) of utilization of the loans is a good thing. But that's just about the only good thing about Chinese loans BASED ON THE FIGURES POSTED IN THIS ARGUMENT. The key features of a good loan shows that IDA is a far better option than the Chinese loans. The primary features of "better" loan lie in the INTEREST RATE and DURATION OF PAYMENT. 1.INTEREST RATE: Chinese 2-3 (or 3.6)%; IDA 1.25%. which is better? IDA of course. If you doubt it, I would ask you a question: if you're taking a loan would you go for a higher interest rate? I bet you won't. 2. Duration of payment: Chinese 12years, IDA 38years. which is better? IDA of course. In your personal loan I'm sure you prefer longer duration for easy payment. NOW THE ARITHMETIC FIGURES. He calculated a total Interest rate for Chinese loans for 12years as 43.2% (3.6x12). Then IDA loan for 38years as 47.5% (1.25x38). If FG can payoff Chinese loans in 12 years, nothing stops them from paying off IDA loan in 12 years (NOBODY SAYS YOU CAN'T OFFSET YOUR LOAN EARLIER). Based on his calculation of "total interest rate", IDA loan for 12 years gives 15% (1.25x12). So by his own calculation, given the same duration of payment, IDA is still by far the "BETTER LOAN". If this is your personal loan, I'm 100% certain you will prefer a loan that gives you CHEAPER INTEREST RATE and LONGER DURATION. (Even the Chinese if they can, would take IDA loan and lend it to Africa @Chinese rate and make some profit for themselves.....this is how banks make money if you know). I don't see how this appears like rocket science because it's on twitter but I understand Nigerians and basic mathematics are enemies. NB: His calculated figures are FUNDAMENTALLY FAULTY as Yearly Interest is calculated from Balance for each Year and not from initial capital. So his arithmetically calculated total INTEREST RATE is misleading. Total interest rate of what, original capital? Absurd. But I don't want to delve into that for now unless someone asks for it. I'm sure that's why Madam Oby left him alone with his glorified ignorance well exposed on twitter. Ignorance is a disease. Ignorance one is unaware of is incurable. |
7lives:The wahala is not with IMF and it's loans. The problem is with your leaders and their utilization of the loans. Its the same loans that banks and some individuals like Dangote are growing their wealth on. IMF don't utilize the loans for you, you do it yourself. |
chronique:Totally agree. The level of ignorance is amazing. |
senatordave1:I care not about who help you. Help yourself. This I say both to you as a person and Nigeria as a country. |
It's funny to see Nigerians applaud this Somoye guy simply because they felt mesmerized by the figures he's throwing. I know Nigerians hate mathematics and figures but at least common sense and basic principle would make the obvious more obvious. Admittedly, lack of political conditionalities and supervision (if true) of utilization of the loans is a good thing. But that's just about the only good thing about Chinese loans BASED ON THE FIGURES POSTED IN THIS ARGUMENT. The key features of a good loan shows that IDA is a far better option than the Chinese loans. The primary features of "better" loan lie in the INTEREST RATE and DURATION OF PAYMENT. 1.INTEREST RATE: Chinese 2-3 (or 3.6)%; IDA 1.25%. which is better? IDA of course. If you doubt it, I would ask you a question: if you're taking a loan would you go for a higher interest rate? I bet you won't. 2. Duration of payment: Chinese 12years, IDA 38years. which is better? IDA of course. In your personal loan I'm sure you prefer longer duration for easy payment. NOW THE ARITHMETIC FIGURES. He calculated a total Interest rate for Chinese loans for 12years as 43.2% (3.6x12). Then IDA loan for 38years as 47.5% (1.25x38). If FG can payoff Chinese loans in 12 years, nothing stops them from paying off IDA loan in 12 years (NOBODY SAYS YOU CAN'T OFFSET YOUR LOAN EARLIER). Based on his calculation of "total interest rate", IDA loan for 12 years gives 15% (1.25x12). So by his own calculation, given the same duration of payment, IDA is still by far the "BETTER LOAN". If this is your personal loan, I'm 100% certain you will prefer a loan that gives you CHEAPER INTEREST RATE and LONGER DURATION. (Even the Chinese if they can, would take IDA loan and lend it to Africa @Chinese rate and make some profit for themselves.....this is how banks make money if you know). I don't see how this appears like rocket science because it's on twitter but I understand Nigerians and basic mathematics are enemies. NB: His calculated figures are FUNDAMENTALLY FAULTY as Yearly Interest is calculated from Balance for each Year and not from initial capital. So his arithmetically calculated total INTEREST RATE is misleading. Total interest rate of what, original capital? Absurd. But I don't want to delve into that for now unless someone asks for it. I'm sure that's why Madam Oby left him alone with his glorified ignorance well exposed on twitter. Ignorance is a disease. Ignorance you're unaware of is incurable. |
meccuno:It's funny to see Nigerians applaud this Somoye guy simply because they felt mesmerized by the figures he's throwing. I know Nigerians hate mathematics and figures but at least common sense and basic principle would make the obvious more obvious. Admittedly, lack of political conditionalities and supervision (if true) of utilization of the loans is a good thing. But that's just about the only good thing about Chinese loans BASED ON THE FIGURES POSTED IN THIS ARGUMENT. The key features of a good loan shows that IDA is a far better option than the Chinese loans. The primary features of "better" loan lie in the INTEREST RATE and DURATION OF PAYMENT. 1.INTEREST RATE: Chinese 2-3 (or 3.6)%; IDA 1.25%. which is better? IDA of course. If you doubt it, I would ask you a question: if you're taking a loan would you go for a higher interest rate? I bet you won't. 2. Duration of payment: Chinese 12years, IDA 38years. which is better? IDA of course. In your personal loan I'm sure you prefer longer duration for easy payment. NOW THE ARITHMETIC FIGURES. He calculated a total Interest rate for Chinese loans for 12years as 43.2% (3.6x12). Then IDA loan for 38years as 47.5% (1.25x38). If FG can payoff Chinese loans in 12 years, nothing stops them from paying off IDA loan in 12 years (NOBODY SAYS YOU CAN'T OFFSET YOUR LOAN EARLIER). Based on his calculation of "total interest rate", IDA loan for 12 years gives 15% (1.25x12). So by his own calculation, given the same duration of payment, IDA is still by far the "BETTER LOAN". If this is your personal loan, I'm 100% certain you will prefer a loan that gives you CHEAPER INTEREST RATE and LONGER DURATION. (Even the Chinese if they can, would take IDA loan and lend it to Africa @Chinese rate and make some profit for themselves.....this is how banks make money if you know). I don't see how this appears like rocket science because it's on twitter but I understand Nigerians and basic mathematics are enemies. NB: His calculated figures are FUNDAMENTALLY FAULTY as Yearly Interest is calculated from Balance for each Year and not from initial capital. So his arithmetically calculated total INTEREST RATE is misleading. Total interest rate of what, original capital? Absurd. But I don't want to delve into that for now unless someone asks for it. I'm sure that's why Madam Oby left him alone with his glorified ignorance well exposed on twitter. |
OyinO:OK. Peace. |
OyinO:My dear I love your question. I understand your confusion... it stems from pastors' confusion on that statement..."it is finished". But if you really understood my "bridge" analogy, you will understand that Christ's death does not mean that sin and "evil" will no longer exist on earth. "it's finished" means "it's completed". it means that He has completed His work. It means the "bridge has been built". Put in another way, it means "the work of building the bridge has been completed". So humans can now get to their destination... Heaven. However, it doesn't mean Human will automatically be transported to their destination. Each and every individual must transport himself via that bridge to his destination. The journey to his destination via that bridge is a lifetime process with may bumps and delays (personal sins) on the way. So every thought, word, action and inaction of man determines if he's accelerating or decelerating during his journey on the bridge OR IF he has TOTALLY fallen off the bridge. Another analogy: Christ bought a ticket to heaven for us, Having the ticket does not take us to the plane and starting our journey. Each individual has to do that himself. Having the ticket does not mean we can't loose it(personal sins) or fall into mud(personal sins) with it such that the mud cover our name on the ticket completely rendering it useless until it's washed clean and our name become legible. Yet another analogy. this one was used by Christ himself. Christ death opened the gate to heaven. prior to Christ coming and death, the gate was closed. His death opened the gate. But opening the gate doesn't mean automatic entry. You must strive to enter through that gate. ("It's finished" means the gate has been opened, it's now left for humans to strive to enter through that gate). To bring it to Bible context, Christ death on the Cross opened a way for humans to get to heaven but does not automatically put humans in heaven. Put differently, Christ's death ONLY gave humans a chance to heaven but it is left for the individual to grab the chance. Christ himself said..."only the violent taketh it by force"Mt 11:12. Jesus here used analogy of a gate....."strive to enter through the narrow gate" Lk 13:24. St. Paul said..."workout your salvation with fear and trembling" Phil 2:12. So Christ's death was never to abolish personal sins and shortcomings neither was it to abolish "evil". Christ's death was NEVER to abolish our FREEWILL (AS FAR AS HUMANS HAVE FREEWILL, EVIL MUST ABOUND). Christ's death was ONLY to open the gate of heaven for humans. it's left for each individual to strive to enter through that Gate..."the way to the Father" Jn14:6. We must make effort to enter. Any pastor that tells it's "finished" ...just your faith alone, lied to you. By your every thought, word, action and inaction, you're either moving toward your destination or you're stumbling or you're completely missing the way. So my dear, Christ's death wasn't useless because without His death, there was never any possibility of heaven.... the gate of heaven would have been locked to us. His death opened the gate thereby giving us the opportunity to enter heaven. So know that if we follow His teachings, we will be able to enter through that gate. He has opened the gate therefore NO EXCUSE. We must strive to enter through that gate. peace. |
post=70818391:At least they started the process. it showed that they at least realized the need and started it. it was never going to be a quick process. it takes time. So don't ask why they didn't finish it. The disaster now is that this administration and people like you don't see the need and keep giving stupid excuses for something that is INEVITABLE FOR THERE TO BE A COUNTRY CALLED NIGERIA IN THE FUTURE. In your lifetime (by year 2050), Nigeria population is expected to be over 450million. The current system in Nigeria can never support that population..... that's a fact. Either of these 2 is INEVITABLE in your lifetime: 1. RESTRUCTURING OR 2. BREAKDOWN. Every sane person knows this even if s/he won't admit it publicly because of political inclination. |
Back to Op. To loose yourself for Christ doesn't mean you're doing Christ a favour or that you're sacrificing something for Christ. No, you're only doing yourself a favour. It means NOT HAVING TOO MANY ATTACHMENTS while you walk on that "bridge"(as explained above) so that you don't loose yourself balance and fall off from the bridge. Remember that "the bridge is narrow". It's Strong but it's narrow. You have to walk on that narrow bridge to reach your destination. Do everything to be on that bridge including loosing anything you're inordinately attached to. Peace. |
DSoj:At least they started the process. it showed that they at least realized the need and started it. it was never going to be a quick process. it takes time. So don't ask why they didn't finish it. The disaster now is that this administration and people like you don't see the need and keep giving stupid excuses for something that is INEVITABLE FOR THERE TO BE A COUNTRY CALLED NIGERIA IN THE FUTURE. In your lifetime (by year 2050), Nigeria population is expected to be over 450million. The current system in Nigeria can never support that population..... that's a fact. Either of these 2 are INEVITABLE in your lifetime: 1. RESTRUCTURING OR 2. BREAKDOWN. Every sane person knows this even if s/he won't admit it publicly because of political inclination. |
yeyerolling:At least they started the process. it showed that they at least realized the need and started it. it was never going to be a quick process. it takes time. The disaster now is that this administration and people like you don't see the need and keep giving stupid excuses for something that is INEVITABLE FOR THERE TO BE A COUNTRY CALLED NIGERIA IN THE FUTURE. In your lifetime (by year 2050), Nigeria population is expected to be over 450million. The current system in Nigeria can never support that population..... that's a fact. Either of these 2 are INEVITABLE in your lifetime: 1. RESTRUCTURING OR 2. BREAKDOWN. |
OyinO:Jesus coming on earth and His death on the cross was to form a Bridge between God and man (Divine and Human). He does not do the "Walking" for man. Man must do the "walk" themselves. Man must use the bridge himself. Yes the bridge has been provided for by Jesus, it's mans duty to make use of the bridge to crossover and that my brother is a work of a lifetime. With every "thought", "words", "actions", and "inaction" of man in his lifetime, he's either walking on the "bridge" towards his destination (with almost inevitable minor bumps & slumps & delays on the way) Or he's off the bridge entirely and will remain forever separated from his destination. Yours is to make sure you're walking on the bridge. |
EternalBeing:"......but HE decided to give and test us with this short life to see how we'll use it first....." By this you imply that He doesn't know the future and so His knowledge is limited. That's why He has to test and see first....(a sort of trial and error). By that you just denied His Almighty status and His omni-scient, potent and present attributes. it's better to say we don't know than try to explain what we don't fully understand |
Buhari/APC supporters. Even a mad man won't support this administration. so seeing their supporters made me believe that juju is real after all. |
OneJ:My friend take time to read my Saudi-Arabia King and Crowned Prince analogy. There's nothing too difficult to understand there. So I don't think your case is that of ignorance rather it's out of jealousy just like the Pharisees. It can be likened to a Saudi's citizens being jealous of the Crowned Prince and saying that the Crowned Prince is nothing more than a Saudi citizen appointed to a high post. But within you, you know it's a big lie. He's the Crowned Prince based on His DNA(scientifically speaking). He has the DNA of His Father the King. His Father's blood flows in His veins. Likewise Jesus. Jesus is God based on who He be. Based on His DNA. He is the only begotten SON of His Father. He has the DNA of God. To say that Jesus is a man appointed to a high position is pure jealousy. Jesus is God based on His "DNA"(ie by His nature and essence). There are ONLY THREE PERSONS that bear this "DNA" ....The Father .....The Son .....The Holy Spirit. These three persons are UNITED. The three persons are united in their will, interest and purpose as one. The homage you pay to one is paid to all 3. They're so united that in one, you see the other. Jesus said ....I and the Father are one, Jn10:30; if you see me you have seen the Father, Jn14:7-9; the Father is in me and I in the Father, Jn14:10-11. (Are you calling Jesus a liar? You must be a Pharisee) Jesus is one with His Father, but is Jesus the same person as his Father? ...No. There's the person of the Father, the person of Jesus and the person of the Holy Spirit. These 3 persons bear the "DNA"(nature and essence) of God. These 3 identifiable Divine persons yet UNITED as one is called The Holy Trinity. It's clear enough for you to understand unless you're one more Pharisee jealous of Jesus. peace. |
Adamh:Again you're limiting God's ability. I will advise you stop belittling God. Jesus left His place in Heaven to become Human....in the true sense of the word(felt hunger, thirsty, ate, drank and even poo like every normal human). He did it because He wanted to and has the abilities. While on earth Jesus was perfectly human. But was JESUS God before coming on earth as human....YES. After His work of redemption was completed, did go back to His place in Heaven as God...YES. Make no mistake about it. In Heaven He's God. He came on earth as a perfect human but though a human on earth, he was still united with His Father. He finished His work, went back to His place as God...The Prince on The Throne to Judge us all. |
Adamh:....that God will willingly belittle himself".....You are so funny. Will He be "Forced" before? Jesus said it Himself.... "I willing laid It down Myself, no one forced Me, and I will pick It up by Myself". The ways of God are not the ways of man my friend. He did what pleased him. He has the ability and it pleased him so He did it. You call it "belittle/most insulting", He called it "LOVE"....the greatest manifestation of Love. As if "willingly belittling Himself/insulting His status" to become human wasn't enough, He let humans insult Him, torture Him and nail Him on the cross......insult upon insult.... manifestation of LOVE. Now my friend what He considers most insulting is you denying Him and His Love just like the Pharisees. peace |
OneJ:Depends on what you understand by what Paul said there. What's the issue there? That's Jesus is the Son of God united with His Father or what exactly? Hear Paul again here Phil2:6 Though he was God, he did not think of equality with God as something to cling to. |
OneJ:Forged by you abi?. Because it chatters your lies, you call it forgery. Continue cherry-picking whatever helps your unbelief until the last day. Why not complete that verse you quoted up there? Are you afraid of the Truth? Only the Truth will set you free. But even with the selected quote you put up, what exactly is your headache there? ....His Son? By being His son He's automatically God by his nature and essense. Heir of all things? Just like the Crowned Prince, His Father's kingdom and all therein belongs to Him. Embrace the Truth and set yourself free man. Peace. |
Adamh:Yes. Because He and His Father are United so much that the Father lives in him. He went ahead to say that He speaks not by himself but the Father in Him that speaks through him. Thats the level of their unity. He can of himself do nothing.... That's the truth. The human Christ could only function because of the Father in him. Remember He left His place in Heaven to become Human....in the true sense of the word(felt hunger, thirsty, ate, drank and even shit like every normal human). That human person could of himself do nothing without the Father acting in Him. While on earth Jesus was perfectly human. But was JESUS God before coming on earth as human....YES. After His work of redemption was completed, did go back to His place in Heaven as God...YES. Make no mistake about it. The Apostles' creed reads...."True God and True Man" In Heaven He's God. He came on earth as a perfect human but though a human on earth, he was still united with His Father. Would you tell me it's impossible for God? Gospel of John is there for you to read and digest. Peace |
Maximus85:Same place you read about Baptism, the three persons in Trinity are clearly shown. "For there are three that bear witness in heaven: the Father, the Word, and the Holy Spirit; and these three are one." -1 John 5:7 Gospel of John chapter 1......the Word = Jesus. Therefore, the Father, the Son(Jesus) and the Holy Spirit are one.....Trinity. |