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Politics / Re: Military: If Shekau Surrenders, We Will Accept Him by thecavemanesq(m): 4:07pm On Apr 25, 2020
One would think that the @NigerianArmyHQ has a bit of sense. None whatsoever...
Politics / Re: Why Ministerial Appointment Is Being Delayed – Boss Mustapha by thecavemanesq(m): 4:46pm On Jul 19, 2019




1. Kayode adesola (Ogun) :- Labour and productivity
2. Rotimi Amechi (Rivers) :- Transportation
3. Chris Ngige (Anambra) :- Communications
4. Hadi Sirika (Kastina) :- state Aviation
5. Akinwunmi Ambode (Lagos) :- Budget and National planning
6. Abdulrahman Danbazau (Kano) :- Interior
7. Garba umar UTC (Taraba) :-FCT fedaral capital abuja
8. Ogbonaya Onu (Ebonyi) :- Science and Technology
9. Abubakar Malami (Kebbi) :- Justice
10. Ahmed Mohammed kwarra (Nassarawa) :- Industry, Trade
and Investment
11. Barnabas Bala Bantas (Kaduna) :- State Education
12. Alh Ibrahim Lamido (Kaduna) :- State Petroleum
13. Mohammed Bindow Jibrilla (Adamawa) :- FCT State
14. Halima Babayo (Yobe) :- State Foreign affairs
15. Adebayo Adelabu (Oyo) :- Finance
16. Godswill Akpabio (Akwa Ibom) :- Niger Delta affairs
17. Capt. Bala Jibrin Muhammad (Bauchi)

GARBA SHEHU SSA to media and publicity
Sports / Re: 'we Don't Want To Fly Again' - Cardiff Players Scared After Sala's Missing Plane by thecavemanesq(m): 3:36pm On Jan 30, 2019
Cardiff players are now scared to go on board now after the recent missing plane carrying one of their players Sala.

The Newly signed player who took a flight but dissapeared from the radar after some time of flying according to the defender, Sol Bamba. He also added that after their First match with Arsenal, Tribute was paid to Sala and the missing pilot, David Ibbotson.

Bamba added while speaking to BBC that "we travel by plane and some of the lads have been thinking, 'I don't want to go on it anymore'. The gaffer and the club have been in good terms of bringing someone in to talk to if we need to. And I think some of the lads do, they need to get it out".

Source: https://www.musictori.com/2019/01/we-dont-want-to-fly-again-cardiff.html

Politics / Re: Don't Compare Buhari with OBJ, Obasanjo Brought Corruption In Nigeria -Orji Kalu by thecavemanesq(m): 3:20pm On Jan 30, 2019
If obj brought corruption to Nigeria what did babangida and abacha do?

Politics / Re: Gov. Ambode's Supporters Stage Protest At Lagos Assembly Over Impeachment Plans by thecavemanesq(m): 3:07pm On Jan 30, 2019
Breaking New: Governor Ambode's supporters stage protest at Lagos Assembly over planned impeachment

Some residents of Lagos state are currently in front of the state House of Assembly, staging a protest against the planned impeachment of the state Governor, Akinwunmi Ambode.

Recall that on Monday January 28th, the state Assembly members accused Governor Ambode of gross misconduct, not signing into law the 2019 budget among other infractions and have threatened to impeach him.

These group of protesters are demanding that the planned impeachment be shelved by the lawmakers.

See more photos  from the scene below...

Source: http://www.ngg.ng/2019/01/30/breaking-new-governor-ambodes-supporters-stage-protest-at-lagos-assembly-over-planned-impeachment/
Lalasticlala OAM4J, Mynd44

Politics / Re: Gov. Ambode's Supporters Stage Protest At Lagos Assembly Over Impeachment Plans by thecavemanesq(m): 3:06pm On Jan 30, 2019


Politics / Re: Prof. Kingsley Moghalu Shuts Down Marina. by thecavemanesq(m): 12:58pm On Jan 29, 2019

Out of the current pack, this man is the most suitable candidate. But unfortunately, Nigeria is a backward country.
Properties / The Joint Venture Agreement by thecavemanesq(m): 4:55pm On Jan 08, 2019

When two or more parties, whether individuals or entities, enter into an agreement to combine resources for a specific business undertaking, it is referred to as a “joint venture.” The organization of a joint venture serves as a short term partnership for the duration of the project, in which each participant shares responsibility for the project’s associated costs, profits, and losses. Although the parties share responsibility, the joint venture is its own legal entity that remains separate from the parties’ other business interests. To explore this concept, consider the following joint venture definition.

Definition of Joint Venture

An association of two or more individuals or entities for the purpose of engaging in a specific business enterprise for profit.

Late 19th century first used in the building of the U.S. railroad system

joint venture

Purpose of a Joint Venture
Parties enter into joint venture contracts in order to combine strengths and increase competitive advantage while minimizing risk. For example, a tech firm may collaborate with a manufacturing company to bring a new high-tech idea to the marketplace. One party provides the product expertise, the other provides the means for production. Additionally, joint ventures provide a way for companies to enter foreign markets. For example, a foreign company enters into a joint venture with a U.S. company for sale of its product. The foreign company then benefits from the domestic company’s governmental approval and business relationships in the industry. This is referred as an “international joint venture.”

Joint Venture Agreement
A joint venture (“JV”) begins when the parties enter into a contract or “joint venture agreement,” the specifics of which are of crucial importance for avoiding problems later on. In creating the agreement, the parties should state specifically the purpose and goal of the venture, as well as the venture’s limitations. The agreement should be very specific in outlining each party’s duties and rights under the agreement, taking into account that all parties are entitled to share in the profits as well as the losses incurred in the venture.

Each party to a JV has a responsibility to act in “good faith” in all matters regarding the venture, taking care to uphold the interests of all parties involved. This amounts to a legal fiduciary duty to the venture, even if it becomes necessary for a party to place individual interests below those of the group.

The joint venture agreement should specify both the formation and termination dates, or that the venture terminates when its purpose has been accomplished. Some JV agreements specify that the venture will automatically terminate if one of the members dies.

More specifically, a JV agreement should specifically detail the following:

Structure – whether the JV will be a separate business entity in its own right, or simply a short term project
Objective – the purpose and goals of the JV
Confidentiality – an agreement for the parties to protect any trade and commercial secrets disclosed during the venture
Financial Contributions – how much money each party will contribute to the venture
Assets and Employees – whether each party will contribute assets, and whether they will assign employees to, or hire new employees for the venture
Intellectual Property Ownership – which party will have ownership of any intellectual property created by the venture
Management – specific responsibilities of each party, and the procedures to be followed in operations of the venture
Profits, Losses, and Liabilities – specifics of how any profits and losses are to be distributed or shared among the parties, as well as the assignment of liabilities
Disputes – specific instructions for the resolution of disputes that may arise between the parties
Exit Strategy – specific details on when and how the JV will end, including the final distribution of assets and debts
Benefits of a Joint Venture
Creating a JV provides an opportunity for the parties to benefit from one another’s expertise. Other benefits include:

Enables the parties to offer their customers new products and services
Helps the parties to save money in operating, marketing, and advertising costs
Helps the parties save time
Helps the parties acquire new business associates and referrals
Enables the parties to gain new technological know-how or new geographical market territories
Does not require a long-term commitment

Joint Venture Examples
Since two of the nation’s burgeoning railroads entered into a joint venture to expand rail service to a rapidly growing West Coast population in themed 1800s, the concept has experienced phenomenal growth. The idea of being able to join forces with another individual or company solely for the purpose of taking on a single business enterprise offers solutions to companies large and small. Below are two famous joint venture examples.

Kellogg Company Joins with Wilmar International Limited
Anticipating China’s rise to the top of the food and beverage global market, Kellogg Company entered into a joint venture agreement with Wilmar International Limited for the purpose of selling and distributing cereal and snack foods to consumers in China. While Kellogg brings to the table an extensive collection of globally renowned products as well as their expertise in the industry, Wilmar offers marketing and sales infrastructure in China, including an extensive distribution network and supply chain. Joining together allows both companies to profit from a synergistic relationship.

The Joint Venture of Hulu
The 2008 joint venture launched by NBC Universal Television Group (Comcast), Fox Broadcasting Company (21st Century Fox), and Disney-ABC Television Group (The Walt Disney Company) to create the enormously popular video streaming website “Hulu” is one example of a large scale partnering of companies that has been very profitable.

Though individually the companies are competitors over the U.S. airwaves, combining their efforts to provide streaming content to billions of homes, computers, and mobile devices proved a powerful way to increase revenues. The success of Hulu has potential buyers lining up with offers topping $1 billion.

Joint Venture Accounting
Setting up accurate Joint Venture accounting is crucial, and best assigned to a professional. For accounting purposes, there are three main types of JV, each of which recognizes assets and liabilities a bit differently:

Jointly Controlled Operations – while the JV with jointly controlled operations utilizes the resources and assets of each of the parties, each party incurs its own expenses, raises its own financing, and contributes its own assets to the venture.
Jointly Controlled Assets – the parties jointly own and control the assets contributed to the JV, as well as the assets acquired by the venture, each receiving a share of the income and expenses of the venture.
Jointly Controlled Entities – this type of JV requires the formation of a separate legal entity in which each party owns an interest. The newly created entity then controls the assets, liabilities, revenues, and expenses, of the venture. This jointly controlled entity maintains its own records for accounting purposes, preparing financial statements on a regular basis. If a party to the venture contributes money or other assets to the jointly controlled entity, the contribution is regarded as an investment.
The Qualified Joint Venture
IRS law permits certain joint venture businesses owned by a married couple to file business taxes as a Qualified Joint Venture (QJV), rather than a standard partnership. When filing as a partnership on IRS Schedule C, only one spouse is credited for social security and Medicare coverage. Filing as a Qualified Joint Venture, with each spouse reporting a share of the business profits and losses, enables both spouses to receive social security and Medicare coverage credit. In order to qualify as a Qualified Joint Venture, the business must meet the following three conditions:

The only members of the JV are a married couple who file a joint IRS tax return
Both spouses actively participate in the business
Both spouses choose not to treat the business as a partnership
Working With a Joint Venture Broker
An individual experienced in creating, participating in, and dissolving joint ventures may become a joint venture broker (JV broker), using his expertise to pair up the right projects with the right people. The JV broker has been specially trained to assist businesses in the creation and management of Joint Ventures, increasing the chance the venture will be profitable. In addition to offering suitable partners for a JV, a broker often offers supportive services in marketing and other strategies for success.

A JV broker generally has a large database of companies in a variety of industries, each looking for joint venture opportunities. By gathering all of the relevant information and doing the necessary research, a JV broker saves the individual or company time and money.

Related Legal Terms and Issues
Asset – Any valuable thing or property owned by a person or entity, regarded as being of value.
Intellectual Property – Anything created by the human intellect, such as artistic and literary works, designs, images, symbols, and names.
Liabilities – A company’s legal obligations or debts that come up during the course of business.
Legal Entity – An individual, company, association, trust, or other organization that is legally recognized in the eyes of the law. A legal entity is able to enter into contracts, take on obligations, pay debts, be sued, and be held responsible for its actions
Politics / Re: 2019: What If Atiku Wins And Buhari Fails To Concede? by thecavemanesq(m): 3:50pm On Oct 12, 2018
You speak as a prophet, right on point!!!

A Dishonorable caharacter like Buhari will certainly never concede and even International observers have already noted that in their projection ... Call me a prophet but let me tell you what will happen ...Buhari will lose massively on ground to Atiku and he will try to announce falsified results which will be rejected by Nigerians and he will then Attempt to cancel the election which will also be rejected internationally , at this point Buhari will tell international powers that the only way he will step down is if he is allowed to handover to an interim Govt headed by El Rufai who would then conduct new elections at a chosen date , that will also be rejected

1 Like

Romance / Re: Nairalanders Please Help Me Quit Masturbation by thecavemanesq(m): 7:34am On Oct 11, 2018
Politics / Re: EFCC To Arraign Gbenga Makanjuola Peter For N3.5bn Fraud by thecavemanesq(m): 1:07pm On Oct 03, 2018
Robert Chidozie Mbonu, who is at large; Melrose General Services Limited, and a member of its staff, Oboira Amobi would be arraigned before Justice Baba Kuewumi at the Federal High Court In Ikoyi, Lagos, on Wednesday.

The EFCC is arraigning them on a 13-count charge bothering on financial fraud.

They are accused of transferring N3.5 billion from the Governors' Forum account through Melrose General Services limited.
Travel / Re: Keke Rider Involved In Accident As VIO Drags Keke Steering With Him by thecavemanesq(m): 11:13am On Sep 05, 2018
this can only be Port Harcourt or Owerri sad sad sad
Politics / Re: Atiku: ‘I Will Rule Nigeria For Only Four Years’ by thecavemanesq(m): 1:56am On Aug 13, 2018
All politicians lie

Atiku Abubakar is a politician

Therefore Atiku is a ...........

And these lots have a special place in ............
Family / Re: I Married A Stranger! I Caught My Wife With Her Boss At Ikeja Hotel! by thecavemanesq(m): 4:51am On Feb 19, 2018
You should get a good Lawyer for advice not on Nairaland or better still a Marriage Counsellor.

It is well.
Religion / Re: The Experience Lagos 2017 "Jesus Our King" (Live Thread) by thecavemanesq(m): 7:40pm On Dec 01, 2017
What's the channel on DSTV please? wink smiley

I no they lag, therefore na for dstv I go view am.
Politics / Re: $50M: Mu’azu Disowns Ikoyi House, But ETCO Website Exposed Him - SR by thecavemanesq(m): 12:00pm On Apr 13, 2017
These are the cases you'd never see mad men like Reno and FFK tweet about. Murray Bruce would never talk about it neither would Fayose. But when it involves APC, you see their gladiatorial skills spring to life like the petals of blooming sunflower. angry

I will keep saying this: Had Jonathan been reelected, we would have been facing a worse economic crisis than what Venezuela is passing through right now. These criminals gang would have stolen whatever penny we have left and walk right across the border with same in broad day light with the full complements of security provided by their grand commander- the ineffectual buffoon.

What a shame.

This was apt. You murdered the situation. #Kudos


Politics / Re: Osinbajo Looking At President Buhari: Caption This Photo by thecavemanesq(m): 9:31pm On Apr 05, 2017
This is lovely.
I love the mind set.
Never believed there are still positive minded Nigerians out there...
God bless you.
Keep it up!!!


Haters keep wailing
Wailers keep hating
Hailers keep supporting
Friends keep praying
Recession keeps biting cry cry cry
The economy keeps stalling
The people keep complaining embarassed embarassed embarassed
In case you are wondering
Where is this all heading?
It is part of my thinking
That if we stop whining lipsrsealed lipsrsealed lipsrsealed
And start changing
We might be deserving
Of the blessings cheesy cheesy cheesy
We are wanting grin grin grin
Looters are shaking tongue tongue tongue
Thieves are fearing angry angry angry
Because whistles are blowing
And prison is beckoning
Positive change is emerging
If we keep working
It won’t be long in coming
wink wink wink grin grin grin


1 Like

Politics / Re: Tinubu, Jonathan, Abdulsalami, Sheriff, Akpabio At Opening Of Obasanjo Library by thecavemanesq(m): 8:14pm On Mar 04, 2017
APC Chieftain Bola Tinubu today joined GEJ,Ali Modu Sheriff,Abdulsalami Abubakar,Gov. Ambode,Gov. Udom,Senator Godswill Akpabio,Ben Bruce and others for the grand opening of Olusegun Obasanjo Presidential Library at Oke-Mosan, Abeokuta.

See photos above

Source: http://www.trezzyhelm.com/2017/03/bola-tinubusheriffothers-at-grand.html?m=1

Is this the same Presidential Library that OBJ already has or a different one... shocked shocked shocked cry cry cry

Cant they just give it another name? angry angry angry embarassed embarassed embarassed
Phones / Re: Is DU Battery Saver Really Saving Battery Consumption Rate? by thecavemanesq(m): 11:33pm On Feb 28, 2017

hey, the law.......I greet u sir.

I'm very well thank U.

Okay, Good.
Religion / Re: "They Have Used My Destiny For Money Ritual"; Nigerian Man Cries Out. Photos by thecavemanesq(m): 4:02pm On Feb 28, 2017
Say this after me Mr Disu.....
Oluwa, gba ogo mi pada fun mi...

Say this again, my father my father... Every destiny taker and changer wanting to change take my destiny.. Die by fire!


I believe its Gba Adura, put together as one word, Gbadura...
Thank Me Later.
grin grin grin wink wink wink cool cool cool
Phones / Re: Is DU Battery Saver Really Saving Battery Consumption Rate? by thecavemanesq(m): 10:42am On Feb 28, 2017

U must be really busy then. just thought i say hi cos I was shocked when I saw ur moniker after thinking ou have deactivated

Whats up? How are you doing?
Politics / Re: Buhari Requests N157.75bn To Hire Additional 350,000 Graduates - Presidency by thecavemanesq(m): 12:47am On Feb 27, 2017
WAILERS-IN-CHIEF be like... grin grin grin cheesy cheesy cheesy wink wink smiley smiley

Romance / Re: "Lady Bleeds Uncontrollably From Her Privates After Following Yahoo Boyfriend" by thecavemanesq(m): 12:42am On Feb 27, 2017
Watch the slay queens[/i] and slay mamas[i] avoid this thread like a plague

Lalasticlala abeg coman push this thing to the promised land... people need to learn

Biko what are they SLAYING abeg?[i][/i] angry sad angry sad
Education / Re: I Wanna Know Schools That Offers Hospitality Management/tourism In Nigerian. by thecavemanesq(m): 1:04pm On Feb 23, 2017
though this is an old post...but I want to ads OAU ileife to the list

Do you want to advance your skills in catering and hospitality management?

Or you want to pursue a career in catering and hospitality management?

The Institute for Entrepreneurship and Development Studies, Obafemi Awolowo University
announces admission into Professional Diploma and Certification in Catering and Hospitality Management

For details call:
Dr Fayomi
Co-ordinator Outreach Programmes

Mrs Ebeiyamba

Good day.

Please a friend is interested in studying Masters in Hospitality Management.
Just to find out if its been offered in Obafemi Awolowo University?

Education / Re: I Wanna Know Schools That Offers Hospitality Management/tourism In Nigerian. by thecavemanesq(m): 12:43pm On Feb 23, 2017
as the session wind up in september, the harmattan session will kick off in earnest


The sales of forms has commenced for the Catering and Hospitality Diploma program in IFEDS OAU.

Registration on going for Catering and
Hospitality management professinal diploma
program at OAU..
Lecture commences September 2015.
Registration forms are available now at N5000....
late registration attracts a penalty..
Advance your Catering Career now with a professional diploma
certificate from OAU through the Institute For Entrepreneurship and Development Studies.

call 08037907877 or whatsapp 08109417060 for more details.
If you are resident outside Ile-Ife, you can get the forms via e-mail.....

You also have an opportunity to work in a notable hotel for 2 months internship.
The program is a nine-month full time program that involves hands-on practicals.

Good day.

Please does the Obafemi Awolowo University offer Hospitality Management on a Masters Level?
Politics / Re: Business Card With The Title "Governor's Friend" Surfaces Online (Photos) by thecavemanesq(m): 10:52pm On Feb 22, 2017
As Shared with www.newshelm.com by a reader, this Business card was seen online after been uploaded by someone who had seen it first hand.

This is quite barbaric[i][/i]!


ONLY IN NIGERIA!!! grin grin grin NAIJA, WE HAIL THEE... cry cry cry
Celebrities / Re: Toolz Reports Soma To Husband. Banky W Responds by thecavemanesq(m): 5:57pm On Feb 22, 2017

This is why i will never get married, i will just go adopt 4 kids and take care of them till the day i die
The only women i respect and worship are our mothers cool cool cool

Why are these Instagram ladies of our generation so stupid and brainless ?? shocked shocked shocked

You have your husband's phone number cheesy cheesy cheesy wink wink wink

You live in the same house with your husband cheesy cheesy cheesy

You talk with your husband everyday cheesy cheesy cheesy

[b]Why in the hell would you be reporting someone to your husband on Instagram
[/i] ?? grin grin grin

Get married to these brainless women[i]
[font=Lucida Sans Unicode][/font] at your own risk[/b][/color]

You just read my mind bro.
Politics / Re: China Exim Bank Approves N408bn For Lagos-ibadan Rail Project by thecavemanesq(m): 8:23am On Jan 30, 2017
The contract for the 2,733km new Lagos-Kano rail was first awarded by the former President Olusegun Obasanjo administration in 2006 at a cost of[b] $8.3bn to the CCECC[/b], but could not be executed due to paucity of funds - are you now saying that the government of President Obasanjo was broke.

It was rewarded to the same contractor by the President Goodluck Jonathan administration What has been done about it since then? in 2012 for execution in six phases, starting with the Lagos-Ibadan stretch. (Bear in mind that this Government was the richest in the last 10 years)

It's like ALL these Governments (Under the PDP) are using the project to loot funds (personal aggrandisement), let's wait and see if same will be said about the Government of APC[i]


Phones / Re: Is DU Battery Saver Really Saving Battery Consumption Rate? by thecavemanesq(m): 12:43am On Jan 27, 2017
Yeah, I really am. What it takes to be a Lawyer these days tho'


U must be really busy then. just thought i say hi cos I was shocked when I saw ur moniker after thinking ou have deactivated
Politics / Re: 2019: Stop Playing God, Northern Youths Tell Obasanjo by thecavemanesq(m): 8:54am On Jan 26, 2017
He is only exercising his right to freedom of speech, That being said, I believe it is only fair in all truth and honesty for our next President to emanate from that region. The South/East Region has been sidelined for far too long. Let's give peace a chance. Let Nigeria move forward.

Long live the General!
Long live the South Easterners!! (Ndigbo Kwenu!!!)
Long live the Federal Republic of Nigeria!!!


Phones / Re: Is DU Battery Saver Really Saving Battery Consumption Rate? by thecavemanesq(m): 10:37pm On Jan 25, 2017
I'm just seeing the post dear. Quite unlike me... I don't monitor my page that often...

hi....since how many years?...Lol

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