kenic:
Thanks to some of our brothers from the West....instead discussing national development, we are here talking about buhari's tyrannical regime. It's so unfortunate.

Bro, you should be old enough to know that there can never be development in a lawless, tyrannical system. All that tyranny can produce is fear, lawlessness & economic/emotional depression. It's so unfortunate you didn't know.

If for whatever reason it becomes limited/suspended, will I be able to fix it myself with Nigerian address/ID? Can't let PainPal stress me again...

So this man still has small sense remaining, I thought he already sold his soul too. Double-faced clown.

Promismike:
Tell that to your Yoruba brothers who voted him into power.

Don't be too quick to judge. We all know election wasn't free nor fair. In fact it can pass for the the worst in history if Nigeria.

Did you not watch on live TV (not NTA o) how people were treated by touts while armoured tanks parade the streets striking fear into people.

Pls be objective. Nigeria is in deep shit no doubt and we all must fix it (whatever that means)

----
Gani Adams just waking up from sleep? good morning sir.

Zombies still don't know what's going on until shit gets to them.

zekepio:
Yes and it's simple science expressed by the formula
C1V1 = C2V2

C= Concentration
V=Volume

So if you add a non-alcoholic drink to an Alcoholic drink there will be an increased new Volume (V2) while the new Concentration(C2) will decrease.

Proudly a science student

Good analogy. In essence, reduced concentration = reduced effect. However if the drinker still went ahead to finish all the content, does it not amount to the same concentration?

Illustration, if Atiku consumes a bottle of red wine of 25% volume and Buhari consume 5 bottles of beer of 5% volume (which can also mean same as 1 watered-down red wine into 5 bottles).

In final analysis, have they not both consumed same level of alcohol?

hermesprogidy:
Doesn't change shit. Once drank a full glass of brandy diluted with Coca cola, that day I saw a plane in the sky and ran for cover because the plane looked so close. A small puddle looked like a lake and when I lay on my bed, it felt like I was on a flying saucer. Mehnnn.. I saw hell that day.

I'm no science student but I'm thinking maybe some chemical in the coke shouldn't be mixing with another chemical in the brandy hence the result

Odunolumide:


U may be wrong but I like your concept and explanation of it.

But in BTW something is telling me u r one of those science students that sits at the back in sch...lol

Bad man

xandy84:
Guess Naija is now a jungle. Rule of law is dead. Judiciary has been rendered useless by executive recklessness and I can't even remember what system of government we are practicing any longer. Military rule I guess...

It's called DEMONCRACY. Nigerians better brace up as there's more to come. Why do you think they call it Next Level

DEMONCRACY AT WORK, LONG LIVE THE REPUBLIC.

Abeg make we see road. Election that the results are in Yaks cabinet already. Continue to fool yourself.

xoftcore:

You are suffering from dim-wittedness
They are not deceiving you,
you are plainly deceiving yourself
Moreover how much for your grills

I think say the guy don better after compulsory holiday, but e be like say the sickness don worse. He go soon go another holiday.

Racoon:
-Buhari holidaying and seeking healthcare in London.
-Aisha is also always going to London to "take well deserved rest."
-Children schooled in the best expensive schools in London(Univ.of Sussex).
-Yusuf Buhari managed in the best hospital in Germany post #55M power-bike crash.

Who do Nigeria with this curse? A whole family hypocritically asking Nigerians to believe in a Nigeria they've so much bastardized that they avoid like a plague to enjoy the best luxury life can offer outside our shore.E no go better for all of una.Zombies esp.that BBQ man can you see your lives?

So they scam you too. You must be funny to have believed the man is serious at all. Person wey go soon collect foreign loan to buy more Balenciaga shoes. Youdonnowaisgoinon.

temi765:
[b]

HBD

She's so fine. A door closes another opens.

izzou:


I know I really should be minding my business

But what does Toke actually do for a living?

She slays for living and I hear the pay is very good.

LOL! Attention seeking. Are you truely a pastor abi a boxer/coach. Choose this day the god you will serve.

AJ will win the rematch with Ruiz hands down. I believe the first match was fixed. It was about the Benjamins.

Why worry yourself? Mummy boys

That is what we keep reminding people in power. Nothing lasts forever. The shit you dish today will be served back to you tomorrow. Unfortunately most of them (and their Zombie followers) are too power drunk to listen.

Ps: This is the only Ambode sin that I know is actually SIN. May God forgive him.

The most intolerable set of people. Continue, just remember nothing lasts forever.

BigGuyMan:
You wey dey do ashawo work like your afonja sisters.

Ashawo and bleaching na ena trademark for Oduduwa land

Dude, you really need to grow up

ogbuefi677:

Nepotism is also a crime.
Osunbade is also as nepotistic as buhari, if not worse.
Packed all his friends and associates while he was still in Lagos and put them in lucrative positions in govt.Fowler them,etc.
Same thing with the list of the sacked aids,Awolowo's grandson(his inlaws)Ajimobi's son abi daughter,just look at that list,it is 90% yoruba.
The cabal once did an expose on his nepotistic tendencies but it was quickly killed in the press.

For the record i don't support all the shit-acts they are putting up on a daily.

According to our laws nepotism is not a crime. It is a corrupt practice with roots in morality.

Crime is anything that goes against the law of the land and criminals are those in the act.

While nepotism may not be healthy for a nation like ours, it often favours a benefiting region (so they won't complain) until the table turns and that's a characteristic of a shit-hole.

Nepotism as we have it now has not been outlawed and not really a crime. I stand to be corrected.

Peace.

What a funny joke. Basketmouth and AY must be learners

This man would read his interview five years later and be very sad. It's a guarantee.

Ctorch:
CEO of Nigerian airline indicted for bank fraud and money laundering

A friend explained, the Air Peace saga below.

I was Banker and still a finance man so I know the game. This is what played out here.
This may not be what it seems at all. It seems like a "normal " Nigerian business man practise.
Many people will be indicted if this is considered a fraud.
It is essentially a deception of the Nigerian banking system but which even bank executives are aware of and get their share and the bank loses nothing at the end of the day. The american system is not defrauded by a single penny .This is how it works.

1. Mr x wants to buy 6 airplanes for his business. The cost of air planes is $1m each so total of $6m.
2. He approaches the bank for a loan but says the planes are $12m
3. He cannot get an invoice from the airplane manufacturer for that value, so he gets his own registered company abroad to issue an invoice to his company in Nigeria for the $12m . He does not claim his company abroad is an aerioplane manufacturer, but rather an aviation trading company who will supply the planes
4. Bank gives him a properly executed loan for the naira equivalent of $12m which he has to pay back and will probably also provide some guarantees and additional security and provides the fx either by transfer or by letter of credit.
5. The $ 12m is released and transferred abroad to his company ( the seller) , the company pays the $6m to the manufacturer and actually does aquire the airplanes and $ 6m balance is sent to his own personal account.
The result is that the company in Nigeria which he owns is now obligated to pay back a loan of $12m instead of $6m and as long as they pay, everyone is happy including the banks who have given out a hefty loan and make thier interest,the senior bankers who approved it without the due diligence of insisting the invoice should be from a manufacturer and also checking international prices for such, the manufacturer who has sold airplanes and been paid and the businessman who has made a $6m dollar advance profit on his business before it even starts.
The real problem is that the business case for the airline may not be able to support the repayment of $12m in the loan period but would have done so if the loan was only $6m. The business then fails as a result, goes into liquidation, the bank has only the asset to fall back on which is in reality on the open market below the loan value, but the biz man has his $6m and is enjoying life.

Its essentially called " over invoicing" and at least 80 perrcent of business people here do it. The main difference however is that most times , the invoice comes from the manufacturer directly and the amount on top is probably about 2 to 5 percent of the real value , which after the manufacturer recieves payment, they now pay out as comission to the businessman.

I assure you many childrens FX school. fees were paid like this.
Its just that "big boys" want to take control of the whole chain and slap up hefty margins that no sane manufacturer would allow or invoice for.
He has technically not laundered any money. It is a victimless "crime" except upon himself who may have compromised his own business and saddled himself with future large loans to repay just to live large immediately,and of course bank shareholders who have to write off the bad loan if the business fails. The executives will then be called to answer how they approved such a loan.

Another failsafe option is that he takes the fx which was aquired at bank rate and then resells it on the black market for a hefty margin. Pays the bank the equivalent of $6m at bank rate imeediately reducing the naira loan to $6m and pockets the spread on the fx sale.!! This way, he has even made money ( not nearly as much as keeping the $6m) through the system without exposing his co to excessive loans !!!
This is why you see so many rich Nigerians without any real operating businss with large business that have totally failed but they are still able to live the good life with ease.

American govt will probably indict him on a technicallity of moving fumds but not really of a crime as such within their system.

So you see he is already denying it and he is right logically and legally.

Expository!

Summarily, the banks are to be blamed for lack of due diligence but then, a local entrepreneur will apply for N1m loan even with best possible documentation and sensible financial projections and still get denied.

It is well.

Allen Onyema probably took some people's shine when he decided to foot the bill of Nigerians who chosed to return as a result of the xenophobic attacks.

Some people somewhere are angry because he took their shine. God pass all of us

otunbablacq:
You earn 5m per month and u wan die for estate resident association president here in Abuja. Your garden is always under lock by enforcement agencies for tax default or ground rent.
Oga stop the noise and hustle so your garden can come back to live. Imagine your oppressor seeing this, they wont leave you until you pay your debt seun

If he truely earns such income as he claimed then the tax belongs to the UK government because that's the source. He can pay tax to Nigeria only if he has other business in Nigeria.

NA SO, WE BELIEVE YOU !!!

baiaon:

If AKA wants to come to nigeria tomorrow,he will come but he doesnt want to come and do you know what Nigerians will do to him if he decided to come?NOTHING because we are generally cowardly

Nigerians are not cowards, we only have large hearts and are never intimidated or bitter. He who carries hatred in his heart suffers pain.

TMKsouth:


Then why was he in such a rush to come perform down South so soon after he vowed never to set foot here again?

He's greedy and now crying out loud for the lost earnings.

Shaking my head. Why are people like this. This is supposed to be Peace concert put together as a result of the xenophobic attacks. Na wa o!

RIP sir.

I so much loved and respected you. Mr Henry Olujmi Boyo you wrote severally and consistently on how to reduce inflation, improve exchange rate and better the quality of the Naira and aggregate living standard but the powers that be turned deaf ears.This made me realized that the government is actually the enemy.

You were a true mentor. A voice in the wilderness, a real patriot and nationalist. You will surely be missed. You have ran your race well and now it's time for you to rest.

Well, while doing what I need to do minding my own business jejely, all these marketing people have been busy inundating somebody's five senses up and down, everywhere BLACK FRIDAY THIS, BLACK FRIDAY THAT.

Some put 30%, 50% I have even seen UP TO 90% TO GO!. (HAA, IN THIS BUHARI'S TIME!). So I was thinking o - I didn't even know my hands were already going to NL. - this my hand sef. Anyway, it won't be a bad idea to get to grab the keys for that car you've been eyeing since. Unfortunately, me I no kukuma be dealer.

Abi na only me wake come. So which one have you been eyeing. Oya! Oga dealer, we are waiting for your own Black Friday

AutoReportNG:

...

It will be recalled that the idea of developing rapid transit in Lagos dates from 1983 with the Lagos Metroline network conceived by the Alhaji Lateef Jakande during the Second Nigerian Republic. The initial Metroline project was scrapped in 1985 by Pres. Muhammadu Buhari at a loss of over $78 million to the Lagos taxpayers. The idea of developing a light rail network for Lagos was revived by Lagos former Governor, Bola Tinubu in the early 2000s with a formal announcement of its construction in December 2003.

...

Everything he touches turn to gold

.

There's a place called Whispering Palms. Not bad.