₦airaland Forum

Spy360:
He is talking about maths but has no mass in his brain 😂

CrystalTiger:
Ibime still explain things down to kindergarten level and GloriousGbola still couldn't understand it..

Water is wet...

GloriousGbola:
You don't know what compound interest is again?

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.

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.

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.

Spy360:
So what's the result of your AI search. Educate me

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

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

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

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

GloriousGbola:
Say no to hypocrisy. You can do it.

Peter Obi cannot be the only one saying the truth in Anambra. His successor Obiano said he left debts, the current Gov Soludo is also saying the same thing with facts .
He didn’t sue them, he’s suing Deji Adeyanju.
You can only insult me, but we will state it as it is. pic.twitter.com/t2kPwcOX8T

— Somto Onuchukwu (@chosensomto) September 16, 2026

Not everyone is swallowing the LAMBA of messiah obi

"Peter Obi left ₦35 Billion and issued cheques worth ₦15 Billion to be debited after he left
Peter Obi left ₦9 billion in cash and ₦25.6 billion in bonds and shares in other banks."

"He also issued cheques worth over ₦15 billion before he left, waiting for me to be sworn… pic.twitter.com/xkzLLN1aWW

— Mayor Of Calabar (@Uno_009) September 15, 2026

GloriousGbola:
https://tribuneonlineng.com/alleged-n250m-hermes-bag-peter-obi-explains-source-of-wifes-money/






Maybe you can tell us what her business is.

Her Wikipedia article is not saying.

Spy360:
State funded

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

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 ?

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

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

GloriousGbola:
https://www.nairaland.com/8748663/tinubu-why-change-leader-when

Did not have this on my bingo card for 2027.

Cc the flint1

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

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

GloriousGbola:
https://www.nairaland.com/8746193/benin-ramat-park-flyover-finally

Is trolling allowed tho?

New selfie space for edo
Hurry up and join the queue! 😈

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?

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

TemporaryHansel:
https://www.nairaland.com/8744950/what-happened-e-naira-invented-buharis

Disstroy and larride defended this e-naira vigorously back then when we said it was a scam by the APC govt, as usual.

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.

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?

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.

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.

izzou:
Raumdeuter

Which kind rainbow settings APC wan give Oyo people?

See as dem lap interviewer like side chic

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.

Bombblacks:
Your post falls apart when women in sane climate is taking into account. People in Africa In general are prone to religious/traditional psychosis and the reason is obvious.