Tonychristopher's Posts
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akuko..onye ugha if 80% of old men speak benin why dont the young ones toe the old men or are you telling me that the young agbors are irresponsible and stupid to live their ALMIGHTY BENIN LANGAUGE example of fake igbo and fake benin Now my agbor friend IFEANYI OKOWA is an igbo name ,,,,it is not osas or nosa smell the coffee wake up theshield: |
ok ..i forget their stock in trade... thanks for the reminder dalu naija8080: |
lies..married there and it was not that high maybe i was given discount or then they were doing their seasonal promo lol but seriously it was not high and ukwuani babes, i give up to them, they are such a nice lady that i can categorically tell you...when you marry them go and sleep especially those from ogume, amai and obiaruku very decent ladies, just that their weed farms are terrible but nice people i must say ndi ogo m merengue: |
then your fore fathers are immigrants to ika land and not a pure blood maybe trace your history well..they must have sought refuge in IKA IGBO Territory...or they were exiled...sorry its a facts we know the historical realities thanks DelticStephEn: |
now you have added x to your name baremx enfant terrible...we meet again their lap dog oh lets see who is talking about madness...everybody knows the BAREM the black sheep lol oh we meet in politics section i will rember this have you seen your psychiatrist lately? Beremx: |
lol...such a funny guy jpphilips: |
Now you have displayed your knowladge here and let me answer you..as an investor okay let me use myself and as an igbo guy I will invest in Nigeria selling 130 instead of Togo and Benin..ask my why it boils down to what i told you before, economics is not theory but common sense..... and this simple common sense determines how we react to money amtters and as a shrewd Igbo dude i will dump TOGO AND BENIN selling 140 per litre and invest in NIGERIA selling one 130 per litre let me make it simple the way I can make it for my 6 yr old girl NIGERIA HAS ABOUT 180 million population and the market is vast and while TOGO and GAHANA,WITH BENIN doesnt not have upto 80 million so street wise economics comes to play NIGERIA IS A BIGGER MARKET AND RICHER, I will sell faster in Nigeria and that is turnover in business and the dude in togo will be selling to a country that has about 10 million cars all together while I in nigeria is in a market that have about 70 million cars with higher disposable income...in economics it is called TURN OVER nad higher ROI Now we are selling the same products lets say bottled water and you are selling 100 naira per bottle and i decide to sell 80 naira per bottle...our cost price is 50 naira but your margin is 50 naira as profit mine is 30 naira ...dont think i am crazy(I am playing Julio Inglesia here) I will sell 10 you will sell 5 and that is turnover..i did not learn this in school, i learnt it from ALABA international so to answer your question..i will invest in NIGERIA selling 130 and forget TOGO,GHANA AND BENIN selling 140... the answer is turn over Thankls bro Streetwise economics Sunnybobo3: |
LOL...Thats ok I would have loved you do brandy..but i respect your drinking style onegig: |
bezimo:Few years ago, I could remember those days they gathered at Ojota and had a carnival or jamboree in the name of subsidy protest and I laughed, I wonder and I keep wondering what sort of people that run this country. How can we be running welfares system and knowing full well how dishonest, disgruntled and disenchanted we are as a country. This subsidy is a scam, the country is in hands of few subsidy cabal, they call the shots be it in political and economic space. To me the best thing is to let the market forces which is demand and supply determine the price, availability of fuel. But NO we want freebies, welfares etc. It does not make economic, logistic and logical sense that the cost of PMS will be the same thing in Lagos, Maiduguri, Zamfara and PH . Where do you factor logistics, overhead cost and other factors. Men nigeria and our managers are screwed. This is elementary economics AS WE CONTINUE THIS SUBSIDY MADNESS SO DO WE LEAVE OURSELVES IN THE HAND OF FEW CABALS AND OVERNIGHT BILLIONAIRES? THEY WILL DICTATE OUR ECONOMY AND POLITICAL SPACE, MERITOCRACY AND MARKET SYSTEM WILL BE DUMPED https://www.nairaland.com/2301856/fuel-subsidy-us-nigeriacabal-economy |
Sunnybobo3:This is where you get it all wrong, this is the problem not only with you but with the way Nigeria try to solve local problems with foriegn solution. My dear market forces are peculiar and each market or economy (all things been equal) is peculiar and you cant use the determinant as a universla approach. what is applicable in UK might not be applicable to Nigerian economic context...this is what we have failed to understand. This is why you have and cant see any African country that is managed by these UN bBretton woods economics that is out of woods. Dude local problem determines local measure...look at china, they did not import brettonwood economist but they looked inward, the earlier Nigeria starts looking inward the better for us...this is the adverse effect of neo colonialism and wrong education...economics is a social science just like politics and each society is unique and its economic approach should be unique. Now PMS can be signifucantly cheaper in NIgeria, what and how do you analyse micro economics, I have a thread where I analysed the reason why subsidy should be removed...https://www.nairaland.com/2301856/fuel-subsidy-us-nigeriacabal-economy If you care read it the simple reason why PMS will be cheaper is that we produce crude here and refine it here and that will be comparative adavantage just like BENZ will be cheaper in Germany than Saudi Arabia while PMS will be cheaper in Saudi than German...it boils down to comparativer advantage...Economics is not all about too much books but common sensical principle. That is why the igbo man in Alaba or Muhammed in Suru Alaba will grow his shop from kiosk to big business while a prof in Economics will not manage a simple kiosk... Comparative adavantage can be summerized like this...'It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy...What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.' |
Sunnybobo3:Leave that to market forces to determine We have educated people ruling us ..its not about education its about common sense application bro |
Sunnybobo3:Jesus Even in maths for you to solve a complex problem simplify it.... I have experience here ...I maintain my stand there is no big deal in refining crude We have the capacity and biafrans did it creek boys did it Stop this grammar.....its simple approach brother |
baralatie:Yes ..I forget the open market Market forces also |
Sunnybobo3:A lot of factors Labour cost Type of refinary Profit margin Policy and tax regime Economies of scale But know it will be cheaper Toyota is cheaper in Japan than Nigeria ..why Economies of scale and comparative advantage Simple These things are elementary economics we dont need Adam smith here brother |
Sunnybobo3:Yes Ask me why The over head cost will be low No import tarrif No custom tarrif Low logistic cost Cheap and available labour Nearness to market Nearness to raw material Simple refining system and faster roi It will be cheaper Simple economics |
Sunnybobo3:Economies of scale Simple We can't be importing pms..we import jobs and lose ours If we can keep refining in small quanties we developed comparative advantage |
[quote author=cochexky post=33626146][/quote]Lol They won't ....they will say I am not a card carrying member of a party and no go oxford or Harvard Lol |
onegig:Can I buy you beer pls Your smart |
prophetfire:Simple PassingShot:My brother I keep wondering this..they speak English as if to confuse us..comparative advantage ...op takes us as if we are stupid ..... How can one plant and harvest corn and sell the corn then go to market buy pap and corn starch everytime ...that's what we do We have comparative advantage in crude ..because we have oil we have resources but we don't think Don't mind them |
PassingShot:My brother I keep wondering this..they speak English as if to confuse us..comparative advantage ...op takes us as if we are stupid ..... How can one plant and harvest corn and sell the corn then go to market buy pap and corn starch everytime ...that's what we do We have comparative advantage in crude ..because we have oil we have resources but we don't think Don't mind them |
Generalkorex:Thanks We know the truth and how simple these things are but they paint a complicated picture to confuse us |
but why are they welfarist in nature, wanting everything to be dashed to them, i just keep wondering OneNaira6: |
bushdoc9919:Too much of everything is just bad this include education and certificates, this is one reason that too much educated people get employed and less educated people employ them. This is the trend in the world and it can never change. The over educated man will analyse analyse, peruse and criticise something before an action is take. But the less educated man will fold his sleeves gives it a trial, that is why today we have the COSCHARIS,DANGOTES, FACEBOOK, JOBS, ETC these dudes have little education and they employ these so called book worm and they blow grammer. That is by the way, why am taking time to tackle this, I see people saying this is a nice article I just laugh..What is nice about this article and the writer. To me he is just swriting bunkum and bullshit I must be frank. What is so special about refining crude oil. It is simple elemnatary chemistry. For thos of us that studied chemistry and did practicval. I mean those that went to good schools and I appreciate the school I attended in imo state with the best lab. That is by the way the principle of refining oil is called fractional distillation and the experiment is simple not rocket science and I wonder why Nigeria can’t build packets of small refineries with small capacities for each state. I wonder how Nigeria won’t allow individuals to fabricate refineries with small capacities to service state. Some person is making a presentation with diagram For heaven sake Biafra forces drilled and refined their oil under war conditions and these refineries were a mobile and dismountable ones and they powered their aircrafts with that and their tanks so what is even special about refining this crude, ordinary fractional distillation. Go to creeks and see how local illiterates are refining oil with drum and for those of us that is impressed with this grammar let me break it down for you how fractional distillation works …..Fractional distillation is the separation of a mixture into its component parts, or fractions, such as in separating chemical compounds by their boiling point by heating them to a temperature at which one or more fractions of the compound will vaporize. Funny enough crude oil refining is even simple distillation and I keep asking how and why we cant just think. The core refining process is simple distillation . Because crude oil is made up of a mixture of hydrocarbons, this first and basic refining process is aimed at separating the crude oil into its "fractions," the broad categories of its component hydrocarbons. Crude oil is heated and put into a still—a distillation column—and different products boil off and can be recovered at different temperatures. The lighter products—liquid petroleum gases (LPG), naphtha, and so-called "straight run" gasoline—are recovered at the lowest temperatures. Middle distillates—jet fuel, kerosene, distillates (such as home heating oil and diesel fuel)—come next. Finally, the heaviest products (residuum or residual fuel oil) are recovered, sometimes at temperatures over 1000 degrees F. The simplest refineries stop at this point. Other refineries reprocess the heavier fractions into lighter products to maximize the output of the most desirable products. Just know that the cabals or bunch of mudaphukers will paint the picture that refining crude is just a sophisticated thing but igbos have done that ages and Nigerian can grasp it, the reason why refinaries wont work is simple, Nigerian intellectual laziness and dirty tendencies and also inability to think out of the box and finally we have been ruled by bunch of donkeys in the name of rulers and leaders. What is in refining oil. Get a container set it heat and at a particular temperature PMS comes out and a particular temperature DPK and other products come out. If they cant get it right they should consult the Biafrans if they are proud to do this they should consult the creeks boys in Bayelsa, I shouldn’t be teaching you chemistry but the truth must be told, kabals wont allow the refinery to work…SIMPLE BREAK DOWN OF SIMPLE REFINARY The most important refinery product is motor gasoline, a blend of hydrocarbons with boiling ranges from ambient temperatures to about 400° F. The important qualities for gasoline are octane number (antiknock), volatility (starting and vapor lock), and vapor pressure (environmental control). Additives are often used to enhance performance and provide protection against oxidation and rust formation. Kerosene is a refined middle-distillate petroleum product that finds considerable use as a jet fuel and around the world in cooking and space heating. When used as a jet fuel, some of the critical qualities are freeze point, flash point, and smoke point. Commercial jet fuel has a boiling range of about 375°-525° F, and military jet fuel 130°-550° F. Kerosene, with less-critical specifications, is used for lighting, heating, solvents, and blending into diesel fuel. Liquified petroleum gas (LPG) consists principally of propane and butane and is produced for use as fuel and is an intermediate material in the manufacture of petrochemicals. The important specifications for proper performance include vapor pressure and control of contaminants. Distillate fuels such as diesel fuels and domestic heating oils have boiling ranges of about 400°-700° F. The desirable qualities required for distillate fuels include controlled flash and pour points, clean burning, no deposit formation in storage tanks, and a proper diesel fuel cetane rating for good starting and combustion. Residual fuels are heavier oils, known as No. 5 and No. 6 fuel oils, that remain after the distillate fuel oils and lighter hydrocarbons are distilled away in refinery operations. Many marine vessels, power plants, commercial buildings and industrial facilities use residual fuels or combinations of residual and distillate fuels for heating and processing. The two most critical specifications of residual fuels are viscosity and low sulfur content for environmental control. A variety of solvents, whose boiling points and hydrocarbon composition are closely controlled, are produced in refineries. These include benzene, toluene, and xylene. Petrochemicals are products derived from crude oil refining, such as ethylene, propylene, butylene, and isobutylene, that are primarily intended for use as chemical feedstocks in the production of plastics, synthetic fibers, synthetic rubbers, and other products. Lubricants are produced in special refining processes. Additives such as demulsifiers, antioxidants, and viscosity improvers are blended into the base stocks to provide the characteristics required for motor oils, industrial greases, lubricants, and cutting oils. The most critical quality for lubricating-oil base stock is a high viscosity index, which provides for greater consistency under varying temperatures. Coke is a residue high in carbon content and low in hydrogen that is the final product of thermal decomposition in the condensation process in cracking. It is almost pure carbon with a variety of uses from electrodes to charcoal briquets. Asphalt is dark brown-to-black cement-like material obtained by petroleum processing and containing bitumens as the predominant component. It used primarily for road construction and roofing materials, and thus must be inert to most chemicals and weather conditions. |
LAGrejectIBO:and oduduwa was a wandering Benin man or exiled Benin prince Thank u |
babygirlfl:My type of man won't near you at all dear |
babygirlfl:at A certain age if your a spinster you hav to cry all night I am not pained ..its a man world Wetin be my own Corrections I made that's all |
ideykwum:Thank you for the reminder |
jayedu108:Just hear yourself ..did they do your mum tradition in lagos ...I. wonder how your thinking You have to go to the girl villa it gives you the opportunity to know them and her inlaws It's a once in a life time thing so prepare for it and you have to insist that u know where your marrying from Go to her village don't marry a ghost or somebody with questionable origin |
Onegai:Such a travesty ...doing traditional in lag...why border ....my wife insisted we go to ukwuani and i respect her for that Gave me the opportunity to know them Lord forbid they |
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