European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 7:41pm On Sep 17 |
izzou: People wey convert their cars to CNG are just suffering
Because you want to save 800 naira, you will spend 5 hours to buy gas.
Your counterparts using Petrol must have made his money back, while you're at the gas station listening to Radio and waiting your turn.
Nonsense! I know someone that's still marketing the CNG scam till this very day  |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:33pm On Sep 17 |
Spy360: He is talking about maths but has no mass in his brain 😂  |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 11:06am On Sep 17 |
CrystalTiger: Ibime still explain things down to kindergarten level and GloriousGbola still couldn't understand it..
Water is wet... Shame tie me wrapper on e behalf  |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 1:35am On Sep 17 |
GloriousGbola: You don't know what compound interest is again? Governments, companies and institutions of that size have liabilities, his job at the end of his tenure was to leave the state in a position where they could service existing debts in a healthy manner, and he did more than that, he left them in a position where they could outrightly pay off those liabilties with several billions to spare. Peter Obi can't be said to have left 185bn behind (under any guise I should add), when at the point of his handover it's said he had 7.5bn liabilities. He can't be held responsible for debt servicing over a decade after his tenure, nor the Buhari/Tinubu-led economic miracle that essentially turned our currency to toilet paper. Unless you're here saying that states/companies should always maintain a liability balance of #0  Attached is his handover note acknowledging liabilities...go and verify 
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European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 1:03am On Sep 17 |
GloriousGbola: Dude I know maths isn't your strong suit but you don't have to play the uninformed mass comm graduate all the time 
We have to decide which kind of Simpleton you are - one that can't crunch numbers or one that swallows the lies of duplicitous men
Your hero was prancing around claiming he left Anambra debt free while signing post dated gbese for his successor. That is the duplictous man you are stanning for.
Anyway we know where you and spy360 stand. A bauble owned aisha Buhari is a big deal but a bauble owned by Margaret obi is a nothing burger.
What would obi be without the victims of the olodo uprising 
When you also consider that his 26billion asset of the hero beer brewery has no value today... I guess we can say he pulled his own govt IPO and got away clean. I was expecting a response that had numbers attached, and not you circling back to your subjective definition of "debt free". Once again, this was the summary of Ibim3's post, make sure you're reading to understand, and not to respond: Net Current Assets = N9bln + N25.6bln - N15bln = N20.6 bln Long Term liabilities = N7 5bln Net Current Assets therefore covered Long term liabilities by a factor of almost 3 to 1
if Obiano immediately liquidated all near-cash instruments that Obi left him and immediately paid all contractors and paid off long term debt, he would have been left with N13.1 bln spare cash. And you posted a video showing #185bn debt left behind by Peter Obi, where in Ibim3's writeup did your 185bn feature? |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:06am On Sep 17 |
Ibime: For the record, Peter Obi did leave debt at Anambra but also left very healthy Working Capital that covered the debt
His claim of leaving Anambra debt free is just an uninformed way of saying he left a positive Working Capital to long term liabilities ratio.
Soludo has an axe to grind and has added interest compounding over the years and foreign exchange drift to the principle Obi borrowed to land at a figure that tarnishes his reputation
This is the truth of the matter:
Obi left N9 billion in cash and N25.6bln in investments less N15bln in short term liabilities to contractors. This has been verified from several sources and in detail.
Therefore Net Current Assets = N9bln + N25.6bln - N15bln = N20.6 bln
In long term liabilities, he left N3bln in domestic debt and the equivalent of N4.5bln in external debt,
Therefore Long Term liabilities = N7 5bln
Net Current Assets therefore covered Long term liabilities by a factor of almost 3 to 1. This is called the Working Capital to long term liabilities ratio
If are familiar with the concept of Free Reserves in non-profits, you can take the Net Current Assets of N20.6bln minus the N7.5bln long term debt and be left with N13.1 bln as free reserves, assuming all reserves are unrestricted.
That means if Obiano immediately liquidated all near-cash instruments that Obi left him and immediately paid all contractors and paid off long term debt, he would have been left with N13.1 bln spare cash. Thanks for this, should put the matter to rest. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:03am On Sep 17 |
GloriousGbola: Sharap dia
A zoologist said obi left no debt. You know nothing.
I think the gloves are off and from now to January obi and the obidients are going to get smacked in the face with hard truths to counter the uninformed lies and half truths they have been telling without being called out. Lol, what hard truths are you talking about? You should be holding the L of swallowing the gibberish that Soludo has been feeding you. Peter Obi said he didn't leave Anambra in debt, and the breakdown by Ibime is testament to that. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 8:00pm On Sep 16 |
Spy360: So what's the result of your AI search. Educate me If your state has an outstanding debt from DMO that's say 2.3 Billion, yet in the bank and other forms of savings leave money that would pay that debt times over, you left the state debt free. Neutrals always want to create non-issues. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 7:12pm On Sep 16 |
raumdeuter: Those men do not go everywhere and claim to be prudent when they have an oriaku at home with the latest Range Rover. But Obi because he is a hypocrite was throwing shades at those who lived their wealth and showed their money on what they wear and use while his own wife was owning 250m in one purse
Law even frowns at hypocrites. He who comes to justice must come with clean hands The bible called Pharissees(Hypocrites) a brood of vipers Koran says The worst of people is the double-faced one, who comes with one face to some and another to others"
Its the hypocrisy of Obi who cant practice what he preaches in his own household is the issue Peter Obi is not complaining, his wife spends his legitimately earned money, he was a big man before politics...go and verify. What was Tinubu's net worth before becoming governor, what businesses are ascribed to him, and how are members of his family able to afford to live the way they've done over the years? Please don't bring up that lamba of them still spending his salary as the Grand Treasurer General of Mobil  After you're done with Tinubu, do for Buhari. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 6:59pm On Sep 16 |
raumdeuter: Its expected for a rich man and his family to have luxury goods
The problem here is this particular rich man has spent years selling us lamba of how he is prudent and doesnt take business class
If Atikus Coscharis, Otedolla, Samad rabiu wife is seen with an expensive purse, many wont raise eyebrows cos its expected and they never told us ifferent
It was Obi without being ask that sold us the I have ne shirt lamba which is not being practised in his own household
Basically rubbing sand on those who believed him and justifying those of us who knew he was an actor
Peter Obis message ad charity does not begin at his own home He's not the first man to have a relatively simple look and expense profile while his family members would be helping him spend the money. That's a popular perception of the Igbo traderclass man, of which Peter Obi happens to be one. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 6:56pm On Sep 16 |
raumdeuter: Buhari was a former governor Minister and President, a Military General that gets a lifetime benefit
Obi was the one who preached prednce to us, but his own wife was sporte with a 250m purse Buhari did asset declaration before becoming president, he had less than 300K USD liquidity as at the time he was sworn in, how did someone with such "meager" networth become rich enough for his kids and family to live as lavishly as they started living? |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 6:53pm On Sep 16 |
raumdeuter: The same Obi that asks us openly I have only 2 watches and 5 shirts from Marks and SPencer
What do I need expensive this and that for? What do I need a house abroad for,
Only for his wife to be carrying a purse that will buy a house in a highbrow area in Nigeria and he was there with her
Charity begins at home, hypocrisy begins outside Peter Obi lives simply on Peter Obi's money. Peter Obi's wife lives lavishly on Peter Obi's money. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 6:50pm On Sep 16 |
GloriousGbola: Say no to hypocrisy. You can do it.
Not everyone is swallowing the LAMBA of messiah obi So which is it, 185 Billion (Obiano), 153 Million USD (Soludo), or 15 Billion (Obiano again)? |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 6:46pm On Sep 16 |
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European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 5:43pm On Sep 16 |
Spy360: State funded I'm surprised he's asking those sort of questions. What was Buhari's net worth before his latest presidential stint? How do you go from that relative modesty to what became of his family during his presidency? |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 5:34pm On Sep 16 |
GloriousGbola: Spy360 tells us a private citizen with no source of income should not be questioned about expensive baubles, but holds a different standard for wives of apc members
The hypocrisy and duplicity is on steroids She's wife to a business man who was a dollar multimillionaire before he ever won any election. That money won't simply vanish into thin air because he became a politician some 19 years ago. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 3:45pm On Sep 16 |
GloriousGbola: What are they protecting? trading is not an industry. all these years that there has been no competition, have these traders shown any economy or industry boosting ? The Ghanian and South African governments have and continue to do these things, with the boogey man being Nigeria. It's something the government can do if they want to. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 3:28pm On Sep 16 |
izzou: Never put eye?
Those guys don full everywhere. Infact, the way they are buying up everywhere is worrisome
I was somewhere in Edo and the locals were telling me that the forest reserves they have are being sold to the Chinese...
The worst part? They aren't doing anything yet. Just buy and keep
Ogun state don almost finish as Chinese don buy land everywhere.
The next 20 to 30 years would be interesting in Africa Very. China's dominance is inevitable, best bet is to find ways to align with whatever opportunities come up. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 3:23pm On Sep 16 |
izzou: The market sellers/Union should go into partnership with the Chinese.
Buy up all their stock, and then retail.
If na by protest, ko le work The Chinese have little incentive to do this. It'd pay them to sell at close to the traders' price and use whatever difference they'd have sold to traders to market direct to end users. If the government doesn't enact a protectionist policy, the traders would lose, it's inevitable. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 1:31pm On Sep 16 |
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European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 2:55pm On Sep 15 |
raumdeuter: 1. These cheap labor are mostly Nigerians in Nigeria or o you think imported Chinese labor are cheaper than Nigerian labor. 2. Is it like Nigerian manufacturers are strange to bribery around regulation bottlenecks 3. What are these white man privileges 4. Is Forx from their country cheaper than in Nigeria? Nigerian manufacturers can source money from abroad to manufacture  |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 7:02pm On Sep 14 |
GloriousGbola: the problem with this assertion is that if BAT had toed this line he would have been carpeted by OBJ like the rest of AD.
at a point you will have to stand for yourself and take your destiny in your own hands.
you cannot celebrate BAT for standing up to egbon obj on one hand, and then tell everyone to roll over for egbon gbaja on the other hand
the wike being celebrated for doing boy boy for PEJ and GEJ - if amaechi had also rolled over to do boy boy for PEJ Tinubu would not be president today Imagine slyly forcing someone to celebrate BAT...if you deep am, you no dey all that different from fineboy Desmond Elliot Nobody on this thread sucks up to politicians/BAT as much as you do, and as far as it's known, you're doing it for free. Let Desmond Elliot focus on the things that pays the bills, however degrading. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 2:13pm On Sep 12 |
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European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 10:04am On Sep 12 |
GloriousGbola: Going by the screen cap, If anyone on Nairaland wrote what she wrote there for any tribe it would be grounds for a ban or worse.
She actually is not smart at all imho
In this current hard right climate why are you attracting unnecessary attention to yourself? As it should be. Seun took too long dealing with the tribalism problem on the site. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 10:00am On Sep 12 |
raumdeuter: Looks like Uju Anya don buy market this time. Elon Musk don tweet her post and her employer don reply
https://x.com/CarnegieMellon/status/2098580064937943483 Imagine destroying years of hardwork because of hatred. She's made misandry and racism her brand for too long, good thing she's facing some consequence for it. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:00pm On Sep 10 |
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European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 1:46pm On Sep 09*. Modified: 10:18pm On Sep 10 |
BlueRayDick: Baba, I shock ! I can't believe what I'm reading!
He said there's no way to tell how exactly well we would've evolved if we were left to our own devices ! . So the Asians who evolved on their own when left to their own devices are Superior to us. No wonder the Asians look down on us and some of our own people validate the Asians' superiority complex. If superiority means whether we're all human beings, then no, they're as human as we are. But if you're speaking in terms of ability, and future potential, they're not same as us. Think of it this way, there's people of the same age as you that you know deep down can't touch you ability wise, because of where you are compared to them now, the rate you're going compared to them, the decisions you're taking per time, and of course there's the randomness of life. It's no different with countries. The fact is, given how we've evolved, there's not enough evidence on ground to show that some of these barbaric practices that the white man stamped out wouldn't have still been in play had they not intervened. Culturally, there's an age difference between our cultures and the cultures of these developed nations, and the faster they evolve compared to us, the more that age difference increases. The same way not all humans are destined to make it given the limitation of time, so too not all countries are destined to make it (and this includes culturally). |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 1:14pm On Sep 09 |
izzou: What's the percentage of these things happening today?
If there are 50,000 marriages in the North in 2026, how many can you allocate to child marriages?
These things will fade over time. We know that. You know that.
Even the good morals we grew up with, has started to fade. But we want to convince ourselves that barbaric practices won't leave us at any point? Nobody says these things wouldn't have stopped with time, when that time would be is the question. Simply saying because Chinese and Japanese have stopped their own barbaric beliefs, it means we too would have stopped our own by now doesn't cut it. Heck even India and these east Asian countries can't be compared in terms of cultural adaptability, even though their development in other areas are comparable. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:58pm On Sep 09 |
PapalsBull: Child marriage -- you may say it is religious - North Labeling a child a witch - South (Akwa Ibom) Osu outcast system-- people whose grandparents were outcast are still being referred as such. East Ababorku - West.
They may not be barbaric though. Just imagine...not forgetting the many variations of ritual killing that still exist. Odds are left to our own devices, we'd still have been struggling with problems like the killing of twin children to some extent. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:55pm On Sep 09 |
BlueRayDick: Nobody is using Colonialism as an excuse for the shiity state most African states are today. What we are saying is clear; Some of the so called barbaric acts that were stopped and credited to influence of imperialists; those acts would've been stopped even if colonialism didn't happen.
Asian dynasties like China, Japan, etc that were not colonized had traditional beliefs and acts that were considered as barbaric at some point by imperialist. Today those acts and beliefs do not hold sway, and nobody is saying it's because of imperialists. Why? Because they were never colonized. Their societies evolved and they did away with those acts, beliefs and practices; the same way Africans would've done if they were also not colonized.
It's self-hate as an African that will make you thank people who captured and enslaved your ancestors because you believe the crime of colonization was the only reason Ritual killings and other barbaric acts stopped in African societies.
Una don dey change premise of the initial discussion and about to make it seem like we are saying The imperialist is responsible for the underdevelopment in African societies in 2026. No that's not what this discussion is about. The cultural adaptability of Nigeria or black nations in general cannot be compared with what's obtainable in these Asian countries you've mentioned. There's really no way to tell exactly how left to our own devices we'd have evolved, what's apparent though is how we're evolving in the areas the white man left malmformed by design, or didn't touch. We're still blaming the white man for almagamation and the dysfunction of our police system till date. |
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 11:41pm On Sep 02 |
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European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Theflint1(m): 12:19am On Sep 01 |
Melvyn11: The problem with your post is that you seem to think that when someone willingly gives something at the altar of God, they are giving it to the pastor rather than to the Almighty, the Savior of the world. Like I said irrespective of whether the pastor turns out to be a charlatan or not, if your intention was genuinely to honor God and support His work, then that is what ultimately matters.  Regardless of what you think about giving money to scammers as a way to reach God, I'm sure you'd agree that the women would rather they're giving money to the more legit pastors than to outright scammers, especially when you consider that the exploitation often goes beyond just them losing money to these guys. |