₦airaland Forum

Fuckingmallam45:
Zaidu is the most useless player in this tournament. Very stupid boy.

His pass to Simon led to the first goal, but I have to admit that he is very limited

fearlessfang:
Imagine a country filled with 60% youth population but is led by a senile old geriatric residents whose identity is still a misery. I wonder how on earth any sensible human being would expend development or economic growth from a druggie, a certificate forger and highly corrupt kleptocrat whose Chief of Staff is a convicted thief.

Your Senate president is Godswill Akpabio, you can see how criminals surround the country's treasury.

Continue to toll the path of cowardice. You the suffering that is hovering around you, when it finally makes a fall, Somalians will be better a much more better place.

Who do you blame, the Senile Old man or the lazy youth?

EreluRoz:
Others wouldn't have done better, this is the bitter truth. We are not ready for the true change, you can't go and repackage a renowned thief and turn him to an overnight messiah and expect Nigerians to support him. Like I said we are all not ready for a true change.

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
A seething senior administration official criticised the president as spending every day trying to “validate his worst inclinations as a dyed-in-the-wool con man.”

https://gazettengr.com/exclusive-tinubu-screws-nigeria-over-in-paris-returns-opl-245-ownership-to-shell-eni-after-cornering-lucrative-onshore-assets-to-nephew-wales-oando/

https://www.youtube.com/watch?v=PfzVfXGOvMg

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
A seething senior administration official criticised the president as spending every day trying to “validate his worst inclinations as a dyed-in-the-wool con man.”
https://gazettengr.com/exclusive-tinubu-screws-nigeria-over-in-paris-returns-opl-245-ownership-to-shell-eni-after-cornering-lucrative-onshore-assets-to-nephew-wales-oando/

https://www.youtube.com/watch?v=PfzVfXGOvMg

The government should prioritise, building electric power plants

Never4getU:
I just hope president Tinubu understand the implication of his action

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

ogododo:
Tinubu is playing fiddle while Nigeria is drowning in the ocean of insecurity. To imagine that the Commander-in-Chief is on a so-called private visit while kidnappers kill a nursing mother and grandmother in Abuja for failing to pay N90m ransom and two monarchs in Ekiti, among other regular tragedies besetting Nigerians. If the shoes are too big for Emilokan, he should step aside. Nigeria does not need another Tourist-in-Chief. The country needs 24/7 leadership to confront the pervasive insecurity and collapsing economy. -AA
Atiku Abubakar

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.

Emusan:
And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with an increment of over 240%, what will you call GEJ who held dollar under 40% increment?

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.

A combination of foreign exchange forwards, securities lending, currency swaps, and outstanding contracts has weakened Nigeria's net external reserves to an all-time low of $3.7 billion as of the end of last year, according to JP Morgan.22 Aug 2023
https://businessday.ng/news/article/jp-morgans-shock-reveal-puts-nigerias-fx-reserves-at-3bn/#:~:text=A%20combination%20of%20foreign%20exchange,year%2C%20according%20to%20JP%20Morgan.

ElSudani:
General Instruments in 1966, then followed by Philips and Texas Instruments. You probably think in your warped estimation that these are Taiwanese companies. Olodo, you can even make the connection between these foreign companies, the foreign experts and the acquisition of the semiconductor technology by Taiwan.
When you deride foreign investment and you are backing it up with evidence of another country that acquired their technology through foreign investments what does that make you?

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.

immortalcrown:
Which day Nigeria come reach 8%? Only criminals may feel safe around the NPF.

The 8% are the politicians

ElSudani:
Coming from someone who doesn't know zilch about foreign investment.
You wear your ignorance with pride. Good job, asking dumb questions like what can foreign investment do for Nigeria!

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

crossfm:
Indeed, there was a country.

A country that can't secure lives and property of her citizens is a very useless country.

The most annoying thing is that people are still making excuses for these incompetent leaders. I don't blame them,it's because they and their Loved ones haven't experienced such barbaric situation.

Our president is chilling in a secured foreign country, while his subjects are been slaughtered like Christmas goats.

We are tired of hearing we will do this and that,start doing it and stop talking. Action is what is needed.

t will be impossible to secure Nigeria with the rate of poverty across the country

ElSudani:
You are the biggest Olodo proudly displaying your ignorance on a public forum. Foreign investment cannot fix Nigeria! How did you think China was able to develop fast, by Chinese money alone?
Is Ajaokuta a foreign investment? Is Delta steel a foreign investment? You don't even know what you are talking about and you have the audacity to call someone Olodo.
Do you even understand how Indians got involved in Ajaokuta? SMH for folks like you on nairaland.

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
Pramod Mittal’s firm won a settlement tied to a Soviet-era steel plant that has sucked up more than $7 billion in Nigerian public investment without producing any metal.


https://www.bloomberg.com/news/articles/2023-11-17/how-lakshmi-mittal-s-younger-brother-got-a-massive-nigerian-bailout

Honestey:
Cut off the middle men for easy supervision, but left for me, I would rather change the leadership in the NNPCL

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.

ElSudani:
President Tinubu on track to make Nigeria work and thrive.

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?

On 3 June 2006, Bolivia granted development rights for one of the world's largest iron ore reserves in the El Mutún region to Jindal Steel. With an initial investment of US$1.5 billion, the company plans to invest an additional US$2.1 billion over the next eight years in the South American country.[18]

Jindal Steel is likely to terminate the contract of investing $2.1 billion in setting up a steel plant in Bolivia, due to non-fulfilment of contractual obligations by the Bolivian Government.[19

]

Topman7:
I forsee good things in this country in the months and years ahead.

There are even a few signs of the economy bouncing back here and there..

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
Pramod Mittal’s firm won a settlement tied to a Soviet-era steel plant that has sucked up more than $7 billion in Nigerian public investment without producing any metal.

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)

Kenochi:
You cannot give what you don't have,this is what people like me have been clamouring for
Nigeria will never develop until we begin to maximize the advantage given to us by nature
We have good weather, good soil that can grow anything and a teeming population that is eager to work
This project should have been established probably 25 years ago but it is still okay to start today,when we tell people that the biggest Legacy left in Lagos was the Free Trade Zone project which has now become the Biggest Industrial Hub in West Africa,I am equally excited by this new project
I strongly advise the people of Delta state to take ownership of the project,there is nothing that stops a Refinery from being built in that kind of Location
Industrialization will start one step at a time and I am really hoping that this project will not be abandoned
I pray that other States will maximize what they have,nothing stops our brothers and sisters in the North Central from creating an Agricultural Industrial Zone that will process what they produce
It just takes someone with a large heart who sees the future to start such projects that will benefit generations yet unborn
Still selling,good properties with good titles at Ibeju Lekki Industrial Hub

You will give 99 year's concession to another country., where is you logic

3: FG not Tinubu must provide a written confirmation of the Free Trade Zone. 99years concession. Build, own, operate and Transfer.

Pluviophile:
I also think it’s a fraud, they did land clearing and since then the project has been abandoned

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.

igbarasdynasty:


Ready to negotiate because they know the consequences of these 3 countries pulling away from them because others might follow suit.

Mauritania withdrew from ECOWAs to avoid the free movement of black Africans into their country. Cape Verde intends to withdraw.

Zaidu Sanusi is holding the team back

Sanusi is a liability and very limited football.

The football is boring. Nigeria has no midfield

Pluviophile:
m





I’m from Odioama, where the BRASS FERTILIZER AND PETROCHEMICAL COMPANY is located and I can say categorically that it has been abandoned.



That’s why I want to know which of the communities in Brass this is situated

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

Sunday2021:
see how you behave, you talk like a kid. So is it northern leaders that are in the office?
The president is Yoruba
The chief of staff is a Yoruba
The chief of police is a Yoruba man
So what else do you want to fight the insecurities?

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

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

History555:
Rubbish comment. When tinubu joined the north in sabotaging Jonathan, your people were not the hateful tribe. As for Yorubas preparing to leave Nigeria, bone that talk, Yorubas will rather die in Nigeria than be an independent nation

GEJ sabotage himself, he should have the balls to remove oil subsidies instead of backing down

Sunday2021:
that means the commander in thieves is incompetent.

When do we hold Northern leaders to account? Northern elites are against restructuring and state police, that can provide security to the North.

ambale:
When will the country starts reaping the so called benefits of the tough decisions of the president?

This ain't funny any longer, money no dy even fit stay person hand again for this country sef 🤔

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.

Idaytesj29:
Is is possible for government to sign an executive order banning all Christian and Muslim religious activities for 50 years?
Let's us just experiment with it and see what we will get out of it.

All mosques and churches converted to factories, warehouses and vocational cum technical training centers.

Let see how it goes. Cos I am tired of seeing this country deploying prayers to solve practical problems

Then, Nigeria will need to change the government that uses religion to take power. Nigerian supported Buhari because he was a good muslim

slaawomirr:
Damnnn niggar
What is wrong with Nigeria
Selling five power plants for 1.5 billion

Only that of ihovbor power plant is worth more than 10billion


I worked there in that of ihovbor power plants those days

The money spent on that project alone is so huge
Expatriate were working there with Nigeria paying them huge salary not to talk of thier day to day expenses

Even we the Nigerians working there that time the cost of transportation the ihovbor power plant was spending us Daily is running into billions

What the hell is wrong with this country
I give up

Corruption

willzy0909:
So what is stoped you from getting Simon ekpa...? I doubt Naina govt can do jack

Simon Ekpa is not as dumb as Kanu, travelling to Kenya for some cheap Ashewo only to be deported to Nigeria.

God1000:
I respect Mr Soyinka a lot but he needs to detach himself from this APC government.

Elections have come and gone and all the court cases have been settled as well.

I've never seen this side of him before, he's too political now


Nlfpmod this account Cooldowntemper keeps stalking me everywhere and breaking the rules of this platform.

he has the right to support what ever political party he prefers. It is called democracy.