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Travel / Re: See How Close Roadside Traders Are To The Railway Tracks In Oshodi (video) by sulaak(m): 6:23pm On Feb 06 |
santaclaws: The government has to introduce an electric fence and a security task force to beat anyone that intends to turn the railway into a marketplace |
Travel / Re: Video Of Trains Being Test Run On The Red Line Tracks In Lagos. by sulaak(m): 7:17pm On Feb 05 |
naptu2: Well done Lagos State. Other states should learn from the Lagos State Redline and develop state transport systems against the existing NRC railway network, by building local stations against the national rail infrastructures to support their state rail system. 2 Likes
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Politics / Re: "The Hardship Is Too Much": Protests Erupt In Minna by sulaak(m): 4:18pm On Feb 05 |
How many Nigerians voted for Tinubu? His total vote was 8.9 million in a registered electorate of 97 million. PDP, LP and NNPP got a combine total of 16 million. Nigeria electorate system needs to be reviewed and amended. 2 Likes |
Politics / Re: How Villagers Hid Guns After We Killed Terrorists – Defence Chief by sulaak(m): 8:02am On Feb 05 |
The villagers are saving the guns to defend themselves. The can't trust the bandit or police |
Sports / Re: Nigeria Vs Angola: AFCON 2023 Quarter Finals. (1 - 0) On 2nd February 2024 by sulaak(m): 7:11pm On Feb 02 |
Fuckingmallam45: His pass to Simon led to the first goal, but I have to admit that he is very limited |
Politics / Re: Tinubu Orders AGF, Lokpobiri To End $1.3 Billion Oil Block Dispute by sulaak(m): 10:52am On Feb 02 |
fearlessfang: Who do you blame, the Senile Old man or the lazy youth? |
Politics / Re: Nigeria Ranks 109th Out Of 125 Countries In 2023 Global Hunger Index by sulaak(m): 4:34pm On Jan 31 |
EreluRoz: OBJ was doing a better job of selecting technocrats for vital ministerial and governance positions. The same cannot be said of Tinubu, where his governance officials are questionable. Cardoso is one of the boys and not qualified for the CBN seat; the same can be said of the minister of finance. EXCLUSIVE: Tinubu screws Nigeria over in Paris, returns OPL 245 ownership to Shell-Eni after cornering lucrative onshore assets to nephew Wale’s Oando https://www.youtube.com/watch?v=PfzVfXGOvMg 1 Like |
Politics / Re: Ajaero: Most Governors In Review Committee Not Paying Minimum Wage by sulaak(m): 11:51am On Jan 31 |
Nigeria NLC are a waste of time. With the way the Naira is falling a minimum wage is now peanuts. This should be discussed in the subject below ... EXCLUSIVE: Tinubu screws Nigeria over in Paris, returns OPL 245 ownership to Shell-Eni after cornering lucrative onshore assets to nephew Wale’s Oando https://www.youtube.com/watch?v=PfzVfXGOvMg |
Travel / Re: CBN ‘Concludes’ Payment Of ALL Verified FX Claims By Foreign Airlines by sulaak(m): 7:24pm On Jan 30 |
The government should prioritise, building electric power plants |
Politics / Re: Subsidy Removal: Residents Resort To Using Ox-Drawn Carts In Katsina by sulaak(m): 6:15pm On Jan 30 |
Never4getU: What is the implication of taking more loans to fund fuel imports? Nigeria has no oil, dollars and saving Buhari spent every dime in the 8 years he was in government. Nigerian companies are now importing fuel from the USA; the lack of security and corruption in the crude oil industries has driven the IOC out of Nigeria and turned Nigeria into an oil importer. https://www.youtube.com/watch?v=B66LqWFlrx0&t=190s |
Politics / Re: Tinubu Is Playing Fiddle While Nigeria Is Drowning - Atiku by sulaak(m): 4:37pm On Jan 30 |
ogododo: Selfish bastard. Had Atiku stepped down for a younger and better candidate, Peter Obi, the country might have had PO as president. These people don't want to accept that they are the problem. The county didn't want another Northern president after Buhari debacle government. The best option was PO. (i am not a supporter of PO ) but he is better than the rest. |
Politics / Re: Buhari Foresaw What Would Happen To The Naira And The Economy If He Devalued by sulaak(m): 3:02pm On Jan 30 |
Emusan: The reason why Nigeria's currency is in freefall is due to the low productivity of the country. GEJ should have listened to his senior ministers and removed oil subsidies in 2012. Fix the refineries and build new refineries. He should also sort out the insecurity in the Niger-Delta Buhari should have removed oil subsidies in 2016 and sorted out the insecurity that has hindered the country's productivity. The currency had to be floated. The country had less than $3.7 billion in reserve, an external debt of $51 billion, and a very low export of under 700,000; how can you support a currency with no resources The Buhari government was a disaster.
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Politics / Re: Nigeria And India Seal $7 Billion Investment Deal by sulaak(m): 9:46am On Jan 30 |
ElSudani: I didn't deride foreign investment; I stated that the government must first have an industrial strategy that prioritises local investors and the diaspora before looking for foreign investors; foreign investors must work with regional partners so that there can be a skill and technical exchange. There has to be critical thinking on why previous foreign investments have failed in Nigeria. It is the problem of corruption, lack of infrastructure, poor monetary policies or governance. You promptly avoided the section Choosing RCA @7:00 explaining why the Taiwan government selected RCA over Texas Instrument and seven other companies because it wanted to prioritise the transfer of technologies and training to local Taiwanese technical partners. Why do you think the automotive industry collapsed in the 1990s? In the 1980s, Nigeria had over 13 companies assembling plants that manufactured over 150,000 cars annually. The local content of every car manufactured was never more than 10%, when Nigeria faced the monetary crises in the late 1980s; the country couldn't afford to finance the import of CKD engines, steel frames and aluminium body and work, even the car paint was imported because Nigeria didn't have a petrochemical plant. There was no strategy to reduce the imported content and increase the local skilled resources. Also, most foreign Automotive companies partnered with incompetent government departments instead of local technical partners. My argument is that the Nigerian government has no economic or industrial strategy to support their pander to foreign investors; there are reasons why foreign investors are leaving Nigerian industrial space, leaving empty manufacturing plants and limited local skilled workers that lack the skill to structure new finance to support the abandoned manufacturing plants. Companies that have exited Nigeria over the years include The Game owned by Massmart Holdings Limited, Shoprite, HSBC, UBS, Etisalat, Procter & Gamble, Truworths, ExxonMobil, Tiger Brands, HSBC, UBS, Woolworths, Iberia Airline and InterContinental Hotel Group. Also, iconic company brands like John Holt, Leventis and Kingsway have quit. |
Politics / Re: To What Extent Do People In Africa Rely On Police For Assistance? by sulaak(m): 10:22pm On Jan 29 |
immortalcrown: The 8% are the politicians |
Politics / Re: Nigeria And India Seal $7 Billion Investment Deal by sulaak(m): 10:05pm On Jan 29 |
ElSudani: The first layer of investment is local investment by the government and then people, then the Nigerian diaspora to partner with any external. Investors. Desperate countries like Nigeria end of with poor investors that creat more problem than solution such as the PI& investors First, I suggest you watch the asianometry.com podcast on how Taiwan built its semiconductors via the support of the government strategy, local entrepreneurs and skilled diaspora. No country, including China, runs around begging for investment and succeeds. https://www.youtube.com/watch?v=mN7CWi1tbH4 |
Politics / Re: IED Planted By Boko Haram Kills 13 Farmers In Borno (Graphic Photo) by sulaak(m): 9:37pm On Jan 29 |
crossfm: t will be impossible to secure Nigeria with the rate of poverty across the country 2 Likes 1 Share |
Politics / Re: Nigeria And India Seal $7 Billion Investment Deal by sulaak(m): 4:07pm On Jan 29 |
ElSudani: Olodo Rabata What is Tinubu's industrial strategy? Does Nigeria have electricity, a good university, and skilled workers? How Billionaire Mittal’s Brother Got a $500 Million Bailout in Nigeria |
Politics / Re: Tinubu Directs Crude Oil Sales To Be Handled By CBN, No Longer NNPCL by sulaak(m): 2:53pm On Jan 29 |
Honestey: Northern elites and cabal dominate NNPC; any direct attack against the NNPCL elite will have a direct response. Tinubu is gradually weakening the NNPCL base by gradually transferring the control to other agencies. 5 Likes 1 Share |
Politics / Re: Nigeria And India Seal $7 Billion Investment Deal by sulaak(m): 2:23pm On Jan 29 |
ElSudani: Olodo, Tinubu has no industrial strategy; foreign investment cannot fix Nigeria, especially from Indian companies. Indian companies have decimated the steel industries in Nigeria and UK. Where are Ajaokuta and Delta Steel today after the Indian takeover?
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Politics / Re: Nigeria And India Seal $7 Billion Investment Deal by sulaak(m): 2:13pm On Jan 29 |
Topman7: Do your research before you talk. I doubt Jindal Steel has $3 billion to invest in Nigeria's steel industry. Their total assets are only $8 billion. The government is about to repeat the same mistake with Pramod Mittal’s How Billionaire Mittal’s Brother Got a $500 Million Bailout in Nigeria https://en.wikipedia.org/wiki/Jindal_Steel_and_Power Operating income Decrease ₹4,485.49 crore (US$560 million) (2023) Net income Decrease ₹3,974.09 crore (US$500 million) (2023) Total assets Decrease ₹69,427.23 crore (US$8.7 billion) (2023) Total equity Decrease ₹39,019.03 crore (US$4.9 billion) (2023) |
Politics / Re: FG Secures Financial Partner For $27.9Bn Escravos Seaport Industrial Complex by sulaak(m): 10:10am On Jan 29 |
Kenochi: You will give 99 year's concession to another country., where is you logic
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Politics / Re: Brass Petroleum And Gas Project To Be Completed By Q1 2027 by sulaak(m): 8:36am On Jan 29 |
Pluviophile: Nigerian media are ignoring the early stage of high-level fraud; this is how the PI &, Mamabilla and Ajaokuta materialised corrupt foreigners with no business background working with the Nigerian government officials to defraud the country. The Indian owner of Brass Petroleum lives not far from my house in the UK; he is an Indian man and obviously up to no good. They have seen how easy it is to get the government to sign up to bad deals, then renege on the agreement and be forced to pay enormous fines like the one below. https://www.bloomberg.com/news/articles/2023-11-17/how-lakshmi-mittal-s-younger-brother-got-a-massive-nigerian-bailout I laughed when Tinubu was flying all over the world looking for investments from India and the Middle East when those countries were fleecing the gold and resources of the country. |
Foreign Affairs / Re: We Are Ready For 'negotiation' With Mali, Burkina Faso & Niger - ECOWAS by sulaak(m): 5:53am On Jan 29 |
igbarasdynasty: Mauritania withdrew from ECOWAs to avoid the free movement of black Africans into their country. Cape Verde intends to withdraw. 1 Like |
Sports / Re: Nigeria Vs.Cameroon: AFCON Round Of 16. (2 - 0) On 27th January 2024 by sulaak(m): 9:51pm On Jan 27 |
Zaidu Sanusi is holding the team back 5 Likes |
Sports / Re: Nigeria Vs.Cameroon: AFCON Round Of 16. (2 - 0) On 27th January 2024 by sulaak(m): 9:49pm On Jan 27 |
Sanusi is a liability and very limited football. 1 Like |
Sports / Re: Nigeria Vs.Cameroon: AFCON Round Of 16. (2 - 0) On 27th January 2024 by sulaak(m): 9:27pm On Jan 27 |
The football is boring. Nigeria has no midfield 3 Likes |
Politics / Re: Brass Petroleum And Gas Project To Be Completed By Q1 2027 by sulaak(m): 9:24pm On Jan 27 |
Pluviophile: I posted an investigation on BRASS FERTILIZER AND PETROCHEMICAL COMPANY in my opinion the project looks like a fraud https://www.nairaland.com/7942829/another-p-id-corruption-making |
Agriculture / Re: Over 50% Of Poultry Farms In Nigeria Shut Down In 2023: PAN by sulaak(m): 10:33am On Jan 27 |
Sunday2021: Nigeria has had Ijaw , Fulani, and now Yoruba. Has there been any security in the North and Nigeria as a whole? It is time for state police and regional security |
Politics / Re: Brass Petroleum And Gas Project To Be Completed By Q1 2027 by sulaak(m): 9:32am On Jan 27 |
Who and what is Brass Petroleum & Gas? If it is the company that is called BRASS FERTILIZER & PETROCHEMICAL COMPANY (UK) LIMITED then I will not be celebrating |
Politics / Re: Relocate Katsina Airport Project And Risk 2027, Katsina Elders Warn Tinubu by sulaak(m): 9:38pm On Jan 26 |
History555: GEJ sabotage himself, he should have the balls to remove oil subsidies instead of backing down |
Agriculture / Re: Over 50% Of Poultry Farms In Nigeria Shut Down In 2023: PAN by sulaak(m): 4:48pm On Jan 26 |
Sunday2021: When do we hold Northern leaders to account? Northern elites are against restructuring and state police, that can provide security to the North. |
Agriculture / Re: Over 50% Of Poultry Farms In Nigeria Shut Down In 2023: PAN by sulaak(m): 8:23am On Jan 26 |
ambale: The root cause is the insecurity in Northern and central Nigeria has reduced the production of poultry feed also the fall in Naira has increased the cost of importing poultry feed. 1 Like |
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