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Politics / Re: DSS Storms Senator Enyinnaya Abaribe's House (Photos) by StudentsNG: 12:53am On Jun 23, 2018 |
I'm not sure you read the report above carefully well. The said Senator didn't steal the 30b, he questioned its whereabouts. By the way the man's house (based on the pictures above) appear to be a humble home, unlike the rest who live in extremely luxurious edifices. Ever8054: |
Crime / Re: Emmanuel Kazeem Jailed For Biggest Tax Fraud In USA (photo) by StudentsNG: 10:16pm On Jun 22, 2018 |
Some Nigerians keep disgracing and dragging our collective images to the mud. Tufiakwa! 2 Likes 2 Shares |
Celebrities / Re: Don Jazzy Reacts To Super Eagles’ Victory Against Iceland, Says by StudentsNG: 7:22pm On Jun 22, 2018 |
'Mumu' posts & ashiri tweets been making NL front page since APC's regime! Nobody should tackle me pls, Ayam celebrating Musa and his Ashebi boys |
Sports / Re: Nigeria Vs Iceland 2-0 Goals And Highlights (Video) by StudentsNG: 6:26pm On Jun 22, 2018 |
Dasherz: |
Politics / Re: Femi Fani-Kayode Ready To Make Another Twins As His Wife Slays 3 Weeks After by StudentsNG: 7:12pm On Jun 20, 2018 |
The sort of nonsense and stupid titles making NL front page these days tho... |
Politics / Re: Udom Emmanuel Inaugurates, Urua Nka, $45m International Market In Akwa Ibom by StudentsNG: 4:07pm On Jun 20, 2018 |
codemaniacs: $1 = N360 (closest approximate available). |
Politics / Re: Udom Emmanuel Inaugurates, Urua Nka, $45m International Market In Akwa Ibom by StudentsNG: 3:37pm On Jun 20, 2018 |
BEAUTIFUL NONSENSE! Proposed investment of $45,000,000 x 360 = N16,200,000,000. Population of Akwa Ibom State: 5.451m (2016). Combined Population of Eket Senatorial District: 364,489 Per capita of this investment: N44,445.78 Note: Eket Senatorial Zone Include the whole of: Okon, Nsit Ubium,Idua, Afaha Eket and Esit Eket LGAs. If the government invest this amount 'carefully' into business development and commercial expansion of the state, it would be a welcome idea as it would have a trickle down effect on the rest of the population and generations unborn, but would this amount truly be used for the proposed project? And if yes, to build just a market place? I doubt if this is justifiable of such a huge sum! I understand that Eket is the second largest city in Akwa Ibom State, but the Eket metropol is sitting on a mere 215 km² and has less viability for a market of this scale (if at all it will be done as promised). The only major road trailing this mini city is the Oron-Ikot Abasi road! “This is just the first investment that will come to Eket, a lot more projects will be done in Eket Senatorial Districts,” he said... He assured the people that before the expiration of his tenure in 2023, Eket would become the` little London’ in Akwa Ibom. ^^ Nonsense! The attempt to justify this project as the only investment to come to Eket undermines the efficiency lens of analyzing where a project is best suited. Makes me believe that this move is more political, than it is growth oriented. Why not make Eket a "Big Eket" or good and viable enough before attempting to compare it to "little London"? Our politicians keep deceiving their people! Governance in Nigeria is bereaved of professionalism and management. I served in Akwa Ibom state and I can say that the average Akwa Ibomite is hardworking but they lack opportunities. The last administration did a lot in area of infrastructural development (roads, hospital, entertainment, and I would think partly education - I personally used the e-Libry a few times and its a good project if maintained). A new useful and reasonable government in that state should take to industrialization, encourage external investment and guarantee a mix of Nigerians within the state. For now Akwa Ibomites live in Akwa Ibom, so remove the name "International" from the proposed market. “The building will have ground floor, first floor and second floor.” ^^ How many Akwa Ibomites are ready to afford such renting considering the foreseeable low patronage due to location and the population? Do an open market for your people first, and make sure they are useful - then expand when need arise. Don't go climbing to the apex when its undesirable. That way you can split the money between the three zones - Eket, Uyo and Oron (or wherever else need be). Let each of these zones have a market that serve local needs first! Channel resources to providing SME funding for many of the youths with handwork, build a system that is self-funded and can provide the basic local needs of the people. Get the FG to have a working access road between Akwa Ibom and Abia, Cross River and Rivers; not a road that is seasonal - whoever have taken the connecting roads in rainy season will understand my point. Invest in Marine, a lot of the people in Akwa Ibom make their living from the water bodies in Oron, Ikot Ubiam, Ibiono, etc (I hope I got the spellings right?). Over all, developmental stride and PPP are welcome, if genuinely executed. I am not commenting to fault a government, I have no business there apart from being a concerned Nigerian! 4 Likes |
Politics / Re: Salary: A Nigerian Senator Vs An Average Nigerian by StudentsNG: 11:30pm On Jun 13, 2018 |
Who will bail the cat ahiboilandgas: |
Politics / Re: Salary: A Nigerian Senator Vs An Average Nigerian by StudentsNG: 9:24pm On Jun 13, 2018 |
ahiboilandgas: You are right, some of the civil servants are corrupt too. It all goes to tell how a little dirt at the source of a stream circulate and affects the downstream. I'll have more to share on some of the extreme disparities in our society. |
Politics / Salary: A Nigerian Senator Vs An Average Nigerian by StudentsNG: 5:38pm On Jun 13, 2018 |
FICTION: [s]A Nigerian Senator earns N10,000,000 salary monthly.[/s] FACTS: The official salary of a Nigerian Senator is about $2,000USD (Approx. N720,000) per month. However, there is an unjustified $37,500 (Approx. N13,500,000) additional monthly entitlement to each Senator (monthly total of: N14,220,000). This additional $37,500 is said to be used to 'run' the senator's office. While I'm not sure what is being 'run' with such lump-sum, I think it is good for us to know what their official take home is and how they compare with an average Nigerian. MY FINDINGS: - A senator's income (including expenses) is about ₦156,009,000 per year. It would take a Senator 61 MINUTES to receive what minimum wage income earner earns in 1 MONTH (before tax). - With N18,000 minimum wage monthly salary, it would take a Nigerian approximately 722 YEARS and 3 MONTHS to earn a senator's ANNUAL income (including expenses). So a minimum wage Nigerian would need to have worked continuously from the year 1296 until now to receive what a senator does in ONE year. - A senator's monthly income could buy about 694 bags of Mama Pride Premium Rice (50kg) while a minimum wage earner would need to borrow additional N2,500 to be able to afford 1 bag! THE MESSAGE While it is important to point fingers at our President, Governors, Pastors, etc., let us not forget that the change we seek should start with the Senators. They make laws, they ideally represent (or at least should) interests of the masses and if they take this amount home without worries, there is every reason to believe that majority of them are there for their private interests. We don't need change in the executive alone, the Law-making Arm also need the whirl-wind come 2019. Begin to route for the best guy to replace your lazy Senator now. If at all they have to take this amount, they should offer justifiable services to the rest of Nigerians! #MyTake BASIS OF ANALYSIS: 1. Assumption: An average Nigerian is a minimum wage earner. 2. Exchange rates were based on $1USD = N360. 2. Salary Structure: Senator Shehu Sani, March 7, 2018. 3. Cost of 1 Bag of 50kg ama Pride Premium Rice (Jumia Online Store,June 13, 2018). *** Follow me on Twitter (@Thewilfreds) to stay updated with my subsequent Facts-finding spree: https://twitter.com/thewilfreds |
Travel / Re: Canada Spouse Open Work Permit (sowp)timeline by StudentsNG: 1:52pm On Jun 13, 2018 |
@Flaj, ok thanks. Flaj: ami05: Exactly my prayers Ami05, thanks for the hope. Have a great day guys! |
Travel / Re: Canada Spouse Open Work Permit (sowp)timeline by StudentsNG: 5:21am On Jun 13, 2018 |
Okay great, I appreciate your feedback. I just wanted to know how much chances/time available to wife and daughter. I submitted their applications on April 30th to join me (SOWP for wife & Visiting for baby - 4 months old). I'm enrolled in Masters program at U of R, study permit valid till March 31st, 2019. Thanks again. ami05: |
Travel / Re: Canada Spouse Open Work Permit (sowp)timeline by StudentsNG: 9:53pm On Jun 12, 2018 |
2 quick questions: What program are you enrolled in (Msc/PhD?) and when is your study permit expiring? Thanks! ami05: |
Travel / Re: Canada Spouse Open Work Permit (sowp)timeline by StudentsNG: 8:40pm On Jun 12, 2018 |
Now this is a great news! Congrats to you and your hubby. Happy reunion! ami05: |
Business / Re: Innoson Vs Guaranty Trust Bank - A Message For #lazyyouths by StudentsNG: 3:12pm On Jun 12, 2018 |
yomalex:Thanks man, how you doing? Been awhile! |
Business / Innoson Vs Guaranty Trust Bank - A Message For #lazyyouths by StudentsNG: 5:54pm On Jun 11, 2018 |
Follow Author on Twitter: https://twitter.com/thewilfreds So many 'youths' for one reason or the other has been trolling the Guaranty Trust Bank of recent. The trend is closely related to media claims that the plentif has been ordered by the Court to pay some lumpsum amount to one of her customers, CEO of Innoson. I write this brief note in full disclaimer that I am in no way connected to, a party to or associate with any of the parties in the lawsuit. However, it is imparative to air my view as a Nigerian youth, especially at a time when people no longer offer rational thoughts or make efforts to clarify online information before trading them. Again I make this post because I am a Nigerian, an Entrepreneur who may some day be in a position or need to borrow from a financial institution in my own country, not limited to GTB. Again, because same bank safeguard my meagre treasury. And once again, because I am Igbo - from where the CEO takes an origin; with a view that what affects one affects others. History all over the world is littered with instances of debts - people owe banks and banks owe people. Currently, Nigeria as a country is on a debt of about $64USD billion (Obi & Bruce, NABNTV, Tampa, FL., US., 2018). Remember that Nigeria and the Paris Club announced a final agreement for debt relief worth $18 billion and an overall reduction of Nigeria's debt stock by $30 billion. On April 21, 2006 under president Obasanjo, Nigeria's books were cleared of any debt. Ten years later (2017), our government have accumulated another $66USD billion (value in naira? Do your maths: 66,000,000,000 x 360 = ? ). The United States of America owes $145.8 trillion (852% of GDP) debts as at first Quarter of 2014. Surprising? I guess not. The world itself is sitting on a $164 trillion debt (Bloomberg, April 18, 2018). So why all these? To teach you that debt isn't necessarily that strange or such a big stigma - some of you spewing the hate speeches probably owe one or two persons, so why the fuse? Business is a gamble and that is why at every point in time one party's win is the other's loss. So if Innoson's business deals with GTBank has gone wrong, let the duo sort their matters and save the public of biased reporting, name-calling and social media fights. Our country is filled with enough tribal and regional hatred already to worry about two giants like GTB and Innoson! I read a post on Facebook of someone preaching that friends and families should close their vaults at GTBank as soon as they can. According to the writer, he is worried that the bank might go broke and insolvent if it pays N12bn as allegedly ordered by the court. As expected that post got many shares, likes and thorns of comments with many #LazyYouths applauding the poster, while the rest shared mockery unequally between Innoson and the bank. What nonesense! Such thoughts that GTBank will go broke if it has to pay out N12bn is laughable, and goes to show how shallow some of our youths think. Why not take a look at the bank's profile below? How can a bank with N3.16 Trillion Assets (as at 2016) turn insolvent by spending N12bn for a deal gone wrong? Guaranty Trust Bank Financial Profile: Revenue ₦ 278.5 billion (2014) Operating income: ₦ 210.8 billion (2014) Net income: ₦ 98.7 billion (2014) Total assets: ₦ 3.16Trillion (2016) Source: https://en.wikipedia.org/wiki/Guaranty_Trust_Bank NB: I saw a GTBank financial statement here (https://quotes.wsj.com/NG/GTB/financials). I am not sure how authentic that is, but its worth taking a look at. This post is a call on our youths to not only use their head but also visit [url]GIYF.COM[/url] before rushing to argue on topics. Whatever might have gone wrong between those having court case is their case, and even if we have to meddle in, we can do so intelligently, constructively and with reasoning, without reducing anyone or bowing to tribal sentiments. Over all, whoever owes who should settle debts with whoever is owed. And before you comment to attack me, first GET YOUR PVC! Follow Author on Twitter: https://twitter.com/thewilfreds 2 Likes 1 Share |
Politics / Re: Reno Omokri Accepts Pres Buhari’s Challenge : Proves He Is A Liar by StudentsNG: 8:38am On Jun 11, 2018 |
*Space purchased* |
Politics / Re: Buhari Installed As Grand Patron Of The Nigerian Red Cross Society by StudentsNG: 7:56pm On Jun 04, 2018 |
So even Red Cross, an International NGO with repute standard elsewhere has been influenced by sheepish political followership in Nigeria. A president that failed to care for thousands of casualties in various massacres in his country is being decorated as grand Patron by an organization that carter for those injured. For God’s sake what would be his capacity or contribution as a patron? Is it in terms of advise or funding? |
Family / Re: My Pregnant Wife Now Hates Me! Please Help!!! by StudentsNG: 1:16am On Jun 04, 2018 |
troublemakea: Don't be silly! When on earth would some of us have some sense within? A guy with family situation he doesn't understand is asking for help and you are busy tackling his English. Were you born with dictionary in your mouth? Bull.Crap! 1 Like |
Education / Re: Ogun State Has The Highest Number Of Universities In Nigeria by StudentsNG: 8:29pm On Jun 02, 2018 |
The average Easterner is by far better in many ramifications to the average Nigerian - in all ramifications and you are here talking b.shit. People who don’t know what to say STFU. ishowdotgmail: |
Politics / Re: Reply To Reno Omokri: How Mbaka Openly Criticised Buhari by StudentsNG: 3:15pm On May 25, 2018 |
I won't be very wrong if I assume that Mbaka also now has e-rats that cover his a** online. Politicians do it, so man of 'God' can. |
Politics / Re: Why Buhari Is A Weak Leader – Ben Bruce by StudentsNG: 10:52am On May 24, 2018 |
arsenal33: Shut the tr*p! Businessmen everywhere in the world borrow to build business. An average American is a debtor at all times. Wake up! |
Jobs/Vacancies / Re: Edo State Civil Service Commission Massive Job Recruitment (37 Positions) by StudentsNG: 6:25pm On May 15, 2018 |
Sorry what is 'massive' about 37 recruitment positions in a state with 3,218,332 population? 1 Like |
Travel / Re: How Did You Raise Funds For Your First Trip Abroad? by StudentsNG: 1:44pm On May 13, 2018 |
I had my banner adverts for data analysis scattered all over UNIUYO campus and within months I had a female student friend who liked me very much, she became my partner. She uses her popularity on campus to get students who want to have their projects analyzed. We charge them and handle the whole of their chapter 4. Money from this alone is bigger than the monthly allowance x4. Find something you can do and create a market for it and you won’t have problem saving your allowance. Again make sure no pretty girl is somewhere dipping hands into your pocket. I know of a female kopa that was able to save her allowance by following other guys to spend theirs. Don’t let girls deceive you. Make your resolutions and stand on it. Haryoureendey4: 3 Likes |
Education / Re: Condition Of Murtala Ramat Mohammed College, Yola Hostel by StudentsNG: 1:39pm On May 13, 2018 |
Now here’s a lucky man! Enjoy Bro. Binchim: |
Business / Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by StudentsNG: 6:31pm On May 12, 2018 |
This is NOT a big lesson for Dangote as he only need to wait a few months for farmers to respond with the produce (his raw material). It is a RATHER a BIG opportunity for a Nigerians who would venture into Tomato farming with high standards to hit the market before the Italians arrive. But wait, if Dangote can build the processing plant what stops him from funding a farm alongside? Why bring Italians when we have bunch of Unemployed Agricultural Science Graduates littered here and there? Oh well, they want white collar jobs! Opinionated: |
Celebrities / Re: John Dumelo And Gifty Mawunya's Traditional Wedding Photos by StudentsNG: 4:49pm On May 12, 2018 |
Your type has made giving a difficult task in Nigeria. Tufiakwa! chadrain: |
Travel / Re: How Did You Raise Funds For Your First Trip Abroad? by StudentsNG: 1:20pm On May 12, 2018 |
Just believe, you can do better. See you a'top! nowpresence: |
Education / Re: Condition Of Murtala Ramat Mohammed College, Yola Hostel by StudentsNG: 1:16pm On May 12, 2018 |
For some reason I find this more of a problem than the main topic of this thread. A sad reality, exactly what I was discussing with my friends from Spain, Chile, Colombia and Canada yesterday. It seemed Nigerian men bear the biggest amount of family pain in the world. We need to be weary of this trend! abbaapple: 1 Like |
Travel / Re: How Did You Raise Funds For Your First Trip Abroad? by StudentsNG: 1:05pm On May 12, 2018 |
Redacted*** 32 Likes 3 Shares |
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