LarryCork:



Lots? Which Lots? Brother moiney is for spending.am changing my range next month.had it for 2years.am changing it to a ride that gets me more women!!(true story)

Wake up lad..stop dreaming

Bennycollins:
What rubbish? 200 days is enough to affect an economy positively, even if on a minute scale for a start. In some other climes the the negatives starts reversing right from swearing in day based on initial declarations and body language of the incoming, and not the other way round. Make una dey reason.
Do you people think that if the LP candidate was the one in charge now and things went this bad, we won't all shout because we supported him?

Please do mention three major food crops in a Nigerian market that has a 200 day planting to harvest window, I'll be waiting.
We are heading into december/fall season with fewer crops reaching maturity/harvest, the next major harvests start from late February/march onwards.

Any economic input from this current government can't be expected to translate to cheaper food on the plate of the average Nigerian in less than two planting seasons, if anyone tell you otherwise they've either had a dinner with the all-seeing and all-knowing God because only a miracle can bring such a result.

It's time for Nigerians to take the finger out of their bumhole and start using reason when making statements and take actions to address future disaster

LarryCork:



So? So wot? Wot is 40millions naira? Dats like £38,000 pounds...big deal. U homebase people muss be really suffffarrrin if u think 40million naira is big deal!!(no oofencse)

Any multi millionaire would tell you £38,000 is a lot to spend on frivolities and must be done with some element of caution and can't be done too often.

ogododo:



https://www.vanguardngr.com/2023/10/nbs-report-on-soaring-food-prices-verdict-on-tinubus-rule-lp/

It is silly of LP to insist that the NBS report on food price inflation is a consequence of poor economic management by a government that has only been in executive control of same economy for less than 200 days.

The issues around supply of food and other similar domestic consumables can only be attributed to the security and social upheavals experienced in the main agricultural belts of the nation and the devastating effects of the floods we saw last year which has negatively affected the crop yields in many cases and outrightly wiped out all crops in many others.


We've also seen an increased targeted attack on farming areas by bandits, the faeme/herder crisis has not let up, many farming settlements have been destroyed, many farmers have been em-poverished because of the total loss of crops, many have died many have been maimed and can't return to their fields.

Coupled with the poor logistical, storage and processing facilities for food crops tye country is guaranteed to enter into a crisis.

We also have the issue of the impact of higher OPEC prices for oil and the resultant PMS, Diesel and other by-products urea(fertilizer)

The only solution is for the government to implement a multifaceted strategy around mechanised agriculture, improve the logistics and transport of crops from fields to the marketplace, increase the capacity to convert crops to finished products for the marketplace, and most importantly secure the lives and properties of the farmers.

Will Smith made a terrible mistake in ever settling for Jada Pinket. It's evident she is intent on damaging his morale and causing him to die young and then claiming his estate.

The best thing he can do now is to settle amicably and move on, he has his glory years ahead of him

LeoDeKing:
I have said it, I'm saying it again.

Tinubu has complied with appointment spread as dictated by regulations.

For all the clowns and illiterates screaming blue murder because of some appointments which are prerogative of the president, you can go support that agulu packaged fraud, Nigerians don't give a damn.

You've failed to use the appropriate term "gba'jue"

NwaNimo1:
Did they have court order?



Gestapo state,,,,,,

You don't need a court order to enforce laws which are already passed by the state legislature. The issue is noise pollution it's the owners of 10pots who need to seek legal redress if they feel the laws weren't breached and the state had over-reached, they can then claim for damages/loss of revenue likewise

Coolsperm:
God bless the babies, Yoruba are one is used only when members of Yoruba Muslims miscreants wants to deceive other Yorubas, when Ifa prist a Yoruba man was arrested and locked up, no body fight for him, why?

Una people never learn. Yoruba don't know Muslim or Christian or IFA, we only know Yoruba Omoluabi

blabulu2000:
is the definition of Settler colonialism and the "Lebensraum" project of the Zikist Igbos over the rest of Nigeria most especially Yorubaland.

They tell you to join them to k:ill Yoruba political leaders in order to create a new Nigeria but replace them with who? Igbos of course!
For every Gbajabiamila you remove, they will be replaced by one kenechukwu Osuji.

They are ready to burn down Nigeria than to stop their morbid, rabid and toxic obsession for political power in Yorubaland at all cost.

While Ahmadu Bello and Obafemi Awolowo were advocating for regional or confederal Nigeria, Zik was advocating for a unitarist constitution and system of government before 1960. Azikwe wanted his people to rule Yorubaland badly that he was ready to create chaos in Nigeria to achieve that.

Till today, the sons of Zik still publicly cvrse Awolowo for stopping their patriarch from Igbonizing YORUBALAND. What Zik could not achieve by becoming the premier of Yorubaland, he started implementing it through federal power. He used his power in the federal government to start appointing Igbos as the Vice chancellors of universities in Lagos and Ibadan. The railway corporations in the West was heavily igbonized and federal offices in the Western region was filled with Azikiwe's kinsmen. Imagine what this ma:d man would have done if he had access to the keys of the treasury in the western region? The chaos Azikwe created in Yorubaland was so much to the extent that Awolowo had to start building a Yoruba university from the scratch currently called Obafemi Awolowo University in Ile Ife.

Those who assasinated Aare Ladoke Akintola at the political capital of YORUBALAND in Ibadan, so that they can pave way for the current unitary system of government that has ravaged the lives of ethnic nationalities within Nigeria are currently scheming at every elections on how to take over political offices and power from Yoruba people in Yorubaland.

This is the definition of evil. While their current leader Peter Obi who is nothing but a empty nu:isnace continues to incite anarchy against the president of Nigeria who is a Yoruba man, another local Peter Obi like Kenechukwu Osuji is scheming to replace Femi Gbajabiamila. All their lives, they have always coveted anything the Yoruba people have or possess. Our land, our waters, resources, our culture, our heritage, our economic space, political space and even our dressings should be theirs by lies, propaganda or hiding under one Nigeria.

The problem is that, these Zikists don't know when to stop. That is why any sane and right thinking individual will understand that the biggest beneficiaries of the current unitary system of government are Igbos. This is because it gives unfettered access to the economic and political spaces of other ethnic nations outside their ethnic space. The same people who quickly formed ESN against "Fulanis" because of the protection of the political and economic space in Igboland will tell you 1000 and 1 reasons why kenechukwu must be Governor of Lagos state and why Shinedu must be the senator of Ogun state.

The ethnic minorities talkless of the Hausa-Fulanis will not condone this evil in their midst.

Nigeria is an ethnically heterogeneous country made up of different Geopolitical zones and the Southwest will not be the victim of the machinations and Zionist settler colonialist agenda of Zikist Igbos who sponsor constant Yoruba hate on social media and orthodox media in Nigeria.

All Yorubas within the Southwest and outside the Southwest of Nigeria should come together to see the evil that is unfolding once again in YORUBALAND.

We are dealing with a group who believe that their roadmap to political power in Nigeria is to deyorubanize Yoruba states and space by capturing political power from the Indigenous Yoruba population by lies, subterfuge, uncontrolled migration, unitary system of government or by cloning themselves into Yoruba politics by adopting Yoruba names

What influenced this your long diatribe ?

I don't see the place of this position in this particular topic about CBN FX policy

Jokerman:


In a sane country, he'd be arrested and jailed to serve as a warning....

The worst that can be done in a sane country is that he would be fined for ecological alterations due to dredging a canal without state approval, but the sale of the properties is a civil matter that the home buyers need to institute if they can prove he knew the housed didn't have appropriate planning permit or that he did use his influence or bribe to gain a fraudulent permit

Obierika:


If your building contravenes building code no one anywhere in the world will pay you compensation.

Go and ask Odumeje if the Anambra State government paid him compensation after demolishing his church which was built on a drainage channel.

You people should not come here and be talking rubbish because it's Lagos State

I even think building codes in Nigeria are lenient in other parts of the world a sky scrapper would be pulled down if one floor contravenes building code and it can't be rectified in-SITU.

Only people who have never bought a property in western nations think like that

Chidozie4847:
Demolishing is not a problem.the only issue here is that did the gvt compensate them.evil party called apc

You can't compensate for an issue which is the fault of the home owner; Never pay anyone to circumvent a planning permit, get the correct approval before building and complete due diligence before buying any property.

Anyone who bought a built property can seek civil redress from whomever sold him/her the property, or from government but good luck with such a case in court. Remember the issue of ignorance before the law.

Fugazy2023:
Strangers can't come to your state and mess it up completely and then turn back and insult that same state calling it slump and all sort. This is no longer acceptable. Operation total cleansing.
I am 100% in support of LASG

It's not strangers necessarily but the civil servants who connive with them, and some of the guilty are indegeneous while many others are strangers who would happily do same in their own home towns given the same opportunities

9jvirgin:
What if fraudnubu requests for the entire piece of land you're demolishing, won't you give him? You can only deceive f00ls. Meanwhile, why don't you demolish before elections? Why after elections when the people are helpless and vulnerable?

Whoever bought the property has a right to the land where it doesn't encroach on the drainage setback.

However what I see is people who have bought a fully built property from a developer who falsely assume that all is in order per the permits and planning permission only for the state to flag an issue with the structure or the land on which it seats, such an individual can bring forward a civil case from the developer and claim for damages from them.

adenigga:

Source: https://punchng.com/No-warning-before-next-strike-Labour-tells-FG

This guy is funny, the legal requirements states that all stakeholders must be issued an advanced notice. I'm not certain it is 14/30 days.

I support a purposeful strike that is driven by facts, realities and historical record but all this strikes actions of late have just been nonsensical and lacking in justification.

Subsidy we all understand had to be removed and in fact was removed from the budget by previous government but why then is Joe and his cohorts asking for subsidy in another guise, the civil servants who have effectively made the state unproductive are also the ones seeking redress

A friend processed a replacement passport at the relatively busy embassy in an EU country in less than 4 days recently.

He filled the application and sorted out the appointment date some 2 months ahead and within a 5days he received his new passport by post.

The last time I did my passport it was terrible the appointment process was chaotic, the replacement process was chaotic and disjointed and I had to visit the embassy multiple times to receive the passport over a period of 4 weeks and I ultimately had to forgo an holiday trip to Spain this was 2016, it actually forced me to take up the dual-nationality I had put aside for over a decade

Afonja007:
am nobody here 8in austria but I can't take company like dangote to court if his operating here in austria I won't even pay lawyer,as I am now am in court with austria government I don't pay shishi na organizations dey hire lawyers for me,In western world business people criticises their government policies but in nigeria who will talk,dangote is milking me and you ,but I don't care again make una enjoy una self there

You're ranting ans vibrating about nothing. Best of luck with your case I do hope you understand very well that you can't just bring an organisation to court because you don't like their prices, if you were so confident about your case you'd have been funding the case you have with your own funds

frankyychiji:
Are we even sure this is not an old video?

That's definitely not old

Afonja007:
you ever hear dangote criticises any government in power in this nigeria?oga go sit down you know no wetin dey happen am done exchanging words with you don't bother replying

Why should Dangote busy himself publicly criticising government, of what benefit is that to him, he has problems and if he needs to he can reach out to the President, ministers or corporate friends to see how that can be relieved doesn't mean everybody is dancing to his tune.

He is however smart because he had built his empire so big that it's is become the standard in Nigeria , president would fall over themselves to see to it that it doesn't fall.

Why would a smart business man antagonize the FG please do tell me why, I don't hear innoson complaining maybe it's because he has been receiving record orders since 2015.

Afonja007:
without inside trading dangote is not better than any other business person in nigeria,I thought he wanted to buy arsenal before maybe he thinks arsenal is kano piller

And he would have bought Arsenal if the current owner was given to the possibility of a sale. Inside trading because you think the politicians don't dream of the possibility of running billion dollars corporations.

Dangote make money tye difficult way that many Nigerians don't want to, while his friends were busy getting fat off oil subsidy money he kept his eye on his cement business and started planning a mega refinery that would ultimately render their business obsolete.

No be Saraki Atiku padi be this.

Evidently Saraki may be making moves away from Atiku

Diligence:


Fallacious! Both Dangote & Ibeto were allowed to import a percentage to augment insufficient local supplies otherwise prices of few locally produced would skyrocket. That's commonsensical, RIGHT?

IBETO later got forex from CBN to boost local production both in Enugu & PHC with other value-added (engineering, design, etc) BUT Dangote under Buhari stopped Ibeto, and continued giving forex to Dangote!

Don't be mischievous. Dangote is not pro-masses. He's so selfish & an economic saboteur!

If BAT has the balls & restores IBETO CEMENT, watch out & see how he will crash cement prices.

Dangote didn't stop ibeto , the CBN instituted a policy to grow local production.

Anyone who is honest knows Dangote has worked very hard increase their local production and don't import cement to rebag anymore they've moved away from that practice something even the OP noted, it's cheaper to quarry limestone in Nigeria than in other places, Dangote has also increased his production capacity in West and Central Africa digesting away from Nigeria but ibeto wants to keep importing and rebaging the cement using FX.

Afonja007:
dangote will not be serving less than 20 years imprisonment in America or other western nations,did you read where 3.6billion dollars was sold to dangote at rate of 360 naira while others are buying dollars at rate of 500naira ?keep supporting evil na you go suffer it,abundance of lime stone in nigeria yet cement is 6200 naira jeep praising them

The FX was sold to Dangote at CBN rate as was the FG multiple window policy as part of the FG's 20-25% investment in his refinery. And Dangote wasn't the only beneficiary though the particular release made him one of its highest.

The FG failed to manage the FX and that threatened the refinery project.

I respect Dangote because unlike the idiots who fail to invest Dangote takes very serious risks in investing in Nigeria.

pocom35:

he is not worse .. You just seem to have an entitlement mentality...
no living body who is Nigerian has invested more than he has in Nigeria.. most of the investment are from loans He must settle.. He just can't turn business to charity ..He is also has no monopoly at least BUA has opened some people's eyes
BUA's cement price will go back to normal ...just watch

Evidently BUA is playing a game of undercutting Dangote to gain some of the local market share, that price reduction is a temporary thing, they can not sustain it.

The OP mislead the readers by suggesting BUA, Lafarge and Dangote had an unusually high profit margin while in truth they don't, unlike their international counterparts they don't receive government intervention funds, or preferable tax deductibles.
If Dangote defaulted on his loans today the CBN wouldn't come to his rescue because they don't even have the capacity to do so. You lot are complaining about Forex at over 1000/$ bit never thought about when Dangote watched 2 billion wiped out of his total asset value because the naira lost value. The man has borrowed over 6 billion to build that refinery and it has gone well over cost, whose going to help him repay his debtors !

Okiton:

They used hatred shut down our brother Ibeto Cements for demonic Dangote to thrive in his evil

Nobody shut down ibeto because of hatred, ibeto failed to increase it's production capacity but was rather using its licence to import cement and rebag while that was only meant to be a temporary measure to build up local manufacturing capacity.

Ibeto was hurting the Nigerians economy and had to go. No one's stopping ibeto from making corrections within the market, it was a simple CBN policy of local production that killed ibeto.

And even if Dangote influenced government to make that policy he has a right to lobby for it if he sees that ibeto's practice would undermine his business and the domestic interest of Nigeria, all ibeto had to do was make adjustments from import to local manufacturing

FreeStuffsNG:
This calls for immediate diligent investigation for likelihood of national economic sabotage and unfair trade practices against Nigerians by these three companies.

This is utterly shameful and heads must roll in any agency found culpable. For years, there has been strident calls for investigation of these companies cement companies and these calls have been ignored but this report is by far the most compelling to investigate cement pricing in Nigeria. Haba!

Only Lafarge come close to having a significant amount of its shares owned by Nigerians while the 2 cement companies owned by Nigerians are literally one-man business like a 2-man cartel using cement price to hold down the progress of this nation.
More than 90% of the outstanding shares of Dangote cement is owned by Alhaji Aliko Dangote, GCON while about 95% of the outstanding shares of BUA cement is owned by Alhaji Rabiu. So the unparalleled world record profit held by these two companies end in the pocket of these two individuals

It's a capitalist world , and the 3 businesses are privately owned, it's important.to note while the comparison of earnings before tax deductibles is very generous to the Nigerian firms these firms are also most exposed to Forex fluctuations and overhead cost inconsistencies.

Unless the consumer protection agency can assert that there was a joint enterprise by these 3 companies to fix the price of cement then there can be no crime, if you can build your own cement factory and undercut them then you're welcome to it.

And the idea that 90% of shares end up in BUA or Dangote's pocket's is nonsense and devoid of fact, these are both publicly traded on the Nigerian exchange and Dangote has been moving to list on the London exchange for some time now so you can spare us the wailing.

The consumer protection agency has a duty to Nigerians they should be responsible for regulatory compliance

Felicity0001:


Don't mind those kids commenting here they think it's that easy. Give some of them a knife to slice the neck of a chicken they won't be able. We are talking of human being here not animals.

Ask Shaakarue and Adams of the night meres they're currently facing they'll tell you they regret every if their actions

I think Shekarau is still very much hunted by his decision. I watched an interview where he was asked the question and even in his defiance and staunch insistence he did the right thing you could glance beyond the veil and tell he made a sociopolitical decision to calm some tensions rather than a moral decision to apply justice to a condemned man

If Rev King and Orji the cannibal weren't put to death by hanging then one can see why. If it was a military administration things would be different

leokid866:
in all honesty complete annihilation is the only option for Isreal.....this fight with Palestine had gone on too long.....every year since they got there has been one issue or the other.....either they completely annihilate Palestine or just shut up.....this their year in year out fight had gotten boring

You must be ready for WW 3 then

waice6571:



Thank God you've finally read through the post and also take a clue from intelligent people who had posted their comments above. I also notice that you are responding with your second moniker.

Your comment is better this time and I have also take note of this moniker. @sweetgala.

You are welcome sir.

Are you addressing me or someone else ?

Yes I own the NL account sweetgala and none else

blueAgent:


Stop confusing yourself.
It's more complicated than you can comprehend.

More complicated than I can comprehend.

Stop the BS I'm not some ignorant illiterate.

I'm well read about the situation I wouldn't even call it a conflict because it's an outright oppression, the Israeli should be enjoy the animals they've created abd this wouldn't be the last time. It's either they kill every single person in Palestine or they can be guaranteed this would happen again.

Arab are not timid and daft like the ever forgiving blacks always willing to let go of past injustice and reach out to the enemy, or enjoy slavitude for generations.

Creamypie:
Dull people. With all the yeye practice 2/4/7 wetin them fit achieve? Them fit take 1 square inch of Israel?No. In return, most of them for this pic either don die or dey hide in Palestine, while Israeli soldiers are right inside Palestine, leveling their cities, killing them, cutting off food and light supply and taking over all those areas around them and annexing them, including the areas where those millitants stayed with their families and practiced the operation and they can't do shit

They killed 700 with some estimates I've seen as much as 1000 and injured over 2300 that is a very big number.

RingRoadMafia:
Imagine having to go through all this trouble only to have your own homes occupied, your cities obliterated, and your self worth completely perforated🤣🤣🤣.

Talk about a model counterproductive venture!! 🤣🤣🤣

Hamas will be used as example to teach children the meaning of the word "counterproductive" for decades to come! 🤣🤣

Hamas are forcing the hands of Isreal to commit war crimes and cause the deal it intends to seal with Saudi Arabia to come to naught.

Saudi crown prince must be fuming right now, that hamas attack has foiled his nuclear weapons programme which he hopes to use against Iran and to gain absolute authority in the Middle East

Like a respected military analyst said the Palestinians were at zero, they had little to loose, they were in a open prison that UN itself described as hell on earth