₦airaland Forum

selingel:
Beneficiaries will now have to wait for a copy of an official letter, before they are credited. What kind of organisation is that?

More so, who still uses that technology in sending and receiving information?

Fax and SWIFT are the two notable methods for financial transfers of that magnitude. Telex that fell out of use decades ago.

So one "telex copy" now will determine disbursement? Hahaha

No wonder one CBN governor once said Nigerian graduates are unemployable.

selingel:
A house divided cannot stand. Meanwhile, why this centralisation?

Abi o. Naim papa dey give grant?

"Telex copy"? Who uses it again, unless u are in the maritime industry, when you have fax, SWIFT, or even the popular email?

Hahahahahahaahahahah

Naija youths, I hail!

One man is the sole owner of a grant worth billions of dollar meant for Nigerians? Chai. A private citizen. Grant from what source? Who are those foolish enough to make a nonentity the sole owner of a grant worth billions of dollars? [/b]Haba


[b]So what if the so-called telex copy is destroyed by the now angry "unfaithfuls"? What happens? No disbursement again?


So CBN will transfer money to Elomama with no efficient database, expertise etc to share money to Nigerians, essentially telling him to function as a bank? Meanwhile the same CBN uses banks for the present loans and grants it's giving out.


Nigeria, Nigeria, Nigeria. How many times did I call you? Your problems are looking insuperable.

Hardtalk:
You are always on point.
Good job.

Thanks, my man.

CBN will want to give Nigerians money and will say it's through some dodgy organisation called TELPECON? One with no technical expertise, reputation, experience etc when banks are there?

For you to be fooled once or a few times by the same person is quotidian; for it to continue to happen for years with new lies every one or two weeks shows your senses have gone to hell in a hand basket.

Hardtalk:
l wished someone that attended the meeting today can share what they discussed here. Let's know more.

This is for the gullible ones to learn.

Nigerians won't learn. INSME just crashed, MBA crashed, Bara is comatose. Before them, we had the MMMs


Ignorance, poverty, greed, and wrong application of religion are to blame

Hardtalk:
l wished someone that attended the meeting today can share what they discussed here. Let's know more.

This is for the gullible ones to learn.

Meeting? In the supposed meeting, they removed again the consultant who was allegedly removed last year. Just recycling old lies.

Hardtalk:
What pains me in his case is hiding under religion. That makes the oppressed and hungry believers to fall easily.

He should separate his pranks from religion. GOD is watching.

I sometimes tell people that if God didn't want you to use your brain, you would have ended up with no head.

That Elomama and co could pull this off is the part that is shocking. Inside this scam, you will find graduates of accounting, economics, banking and finance, and related courses, yet one urchin is making them look like prize fools.

Hardtalk:
The sum should have been red flag number one.

Exactly!

Hardtalk:
Let's see what happens next week, as the promise is payment from next week.

We have heard this before, abi?

Haha, next week? How Elomama succeeded in fooling millions is what I am studying sha. Dude's a legend.

Seeking to do what? They are only seeking to cash out, abeg.

If you want scatter any gathering of 100 youths, just drop 5 million naira for their midst.

Hardtalk:
Perhaps he has sensed danger, hence, the need to reassure the foot soldiers. That is the reason for the meeting. February will become March, by tommoow!

The wait continues

Yes, he sensed danger.

Right now, I don't see any big danger to his "grant business" because the levels of ignorance, poverty, and greed walking around majestically are not small or ordinary.

Another guff to keep donors(aka beneficiaries) busy is loading...Note that there is no "last update before disbursement" in the literal sense, "last update" na d last one you receive before u say my mumu don do; I give up.

Heard from one who is neck-deep in it that the money to be shared is no longer $700 billion but around $175 billion (64 trillion naira)

FG budget no near 64 trillion naira at all ooo.

Hardtalk:
Perhaps when people drop dead because of unrealistic expectations, this will stop.

People have actually died

Hardtalk:
Perhaps when people drop dead because of unrealistic expectations, this will stop.

It won't stop now. I'm enjoying the comedy.

They are saying there will be a meeting of high-ranking bozos this Friday. Obviously for another round of claptrap to feed the ever-gullible donors(aka beneficiaries).

The meeting itself is likely just a ruse.

pazienza:
Calabar was never the capital of Nigeria.
Calabar was the capital of Protectorate of Southern Nigeria which translates to today SS, SE and Owo division of Ondo.

Lagos was the capital of Lagos colony and protectorate which translates to modern SW minus Owo division.

In 1906, Sir Egerton amalgamated Southern Protectorate with Lagos to form Colony and protectorate of Southern Nigeria.
The capital of Southern Nigeria was then shifted from Calabar to Lagos.

This set the stage for Lagos to be the capital of Nigeria in 1914 when Lord Lugard amalgamated Southern Nigeria with Northern Nigeria.

So OP you are wrong. Calabar at no point in time was the capital of a United Nigeria. It was displaced by Lagos as the capital of Southern Nigeria in 1906.

Yes, u know your history.

selingel:
Some of their Directors are beginning to doubt them. One openly said, he is sick of everything.

This is borne out of over delay and over postponement.

Only few are truly truly tired. Most, with the wrong interpretation of religion, have continued to hold on.

If scammer-in-chief (Elomama) says December 2022, u will hear things like " God bless elomama", "let's be patient", " they are working on it", etc.

selingel:
All of the above shows the unclothedness of TELPECON.

Plus the ignorance and poverty that abound in Nigeria.

Kingdemu:
How I go take create cluster abeg mek people pay me?

Not much really.

Try and join their whatsapp telegram groups. Learn the ropes there and start. There is this Excel document they(NGOs) send out to cluster officials to use as template for entering people's (aka beneficiaries) records. Get it, edit and open you telegram group to start.

Tell them to pay a certain amount for submission, and they send the file to an email address, then they can join the cluster chairmen group.

You might want to make your Excel template stand out to make ur grant look genuine.


You can say ur grant is different from TELPECON or it's under it. But make it look and feel different.

There are lots of nimrods around; it will sell

**This is just to show how easy it is, not an endorsement. I don't support it.

And they are still creating more clusters and people are still paying.

One called NEW THEOBARTH is accepting clusters right now.

There are more prize idiots than there are prizes to give out in Nigeria.

ENIGMATIC2023:
80% of Nigerians are gullible idiots

Nothing could be truer this Valentine

Orlatunday11:
I HEAR UUUU.
BUT SINCE I INVEST THROUGH ONE AGENT LIKE DAT THEY JUST PACKOFF FROM OFFICE B4 DAT TIME NA PROMISE ON PROMISE SINCE DAT 2018

I know someone who had or still has TBCs what billions of Naira with them .

Even the price of Gold dips at times, just that you will see a general upward trend in price over time. TBC goes up everyday . They will tell you its based on one nonsense nonsense model like that.

Despite the TBCs (worth trillions upon trillions) coin-holders had with them (scammers), they still told them some years back to go pay in in another cryptocoin (bitcoin) in order to qualify to be part of the online exchange they were trying to start then. . Imagine you have 10 billion Naira with GTB, and they are still telling you to go pay in dollars for bank charges. .

Nigerians have a lot to learn concerning the financial/investment sector

pek:
Four months after this, hope you have been paid.

For where. Even if CBN releases another statement you will hear "I will wait for Elomama's voice note."

Government is releasing saving bonds monthly through CBN to borrow from Nigerians, yet one supposed graduate is expecting that same CBN to transfer money to one nonentity.

Finally, there are probably more fools in Nigeria than there are people

Hardtalk:
My dear, many do not see it your way. Their lives depend on this grant. That is the reason l too believe that one government agency should have just come up and debunked this claim.

CBN has done so. About twice sef for this grant. How many govt agencies came out with a heads-up before INSME, MBA, bara, etc crashed or became comatose.

Govt is already tired even without haven't done enough to start with.

superjab:
Hunger don finish you already chai

No mind them. They (chymall) are borrowing their investors money.

Imagine: I invest money for your company to earn profit, u come turn around when ponzi start to fail say u go borrow me money by force.

Kingdemu:
I never knew even educated folks could be this gullible

Bros, this nonsense TELPECON grant has made me see the legendary kind of ignorance that strutters about in Nigeria. And the importance of this knowledge is not lost on me business wise.

pek:
If we compile all the stories we have heard about this grant, it will be a best seller.

Gaskiya mana

Hardtalk:
Someone told a colleague of mine last week Friday, that payment commences 8am Monday (today).

No information yet from any source. Let see what tommoow holds.

When u start hearing "from a reliable source", then it's time to go home.

How many times do you want to see?

Wise up! it doesn't take a rocket scientist to know that there is no money anywhere.

I wont say he's right, just reason with me.

Almost all private universities were established for profit-making, ab initio.

So there is a struggle, from day one, between keeping a high standard and making the most profits. In this side of the world, standard will lose that battle any day and time before "profit-making" even gets its pants on.

Again, check out Harvard, despite its huge(world's largest) Endowment fund(bigger than your federal budget at 40 billion dollars), it still "must fund nearly two-thirds of its operating expenses ($4 billion in fiscal year 2020) from other sources, such as federal and non-federal research grants, student tuition and fees, and gifts from alumni, parents, and friends." You see, support comes from US governments, states in the US, school fees, alumni, friends, etc.

Here, government support is inadequate and alumni, friends, parents typically dont contribute much.

Harvard started by not being a paper(certificate) mill, but how many private unis here are ready to go that route to get to that prestigious level where their cachet will bring in funds (from rich parents, friends, government etc) that will even enable them to have endowment funds(i.e investible assets)

Here private unis are seen as more of where to invest money to make more money, not to contribute to the betterment of society. Hence, standard is just another word for sloganeering purposes.

Education is expensive business; it requires a lot of funding. And the funding should not be too dependent on school fee , else standard will suffer.

No naija man will cough out 1.5 million per season and you fail im pikin. Your school go die sharp sharp.

The public ones are poor in quality too.

If government does not reprioritize, education will continue to suffer. Because education does not bring immediate gains like roads, bridges etc, it will continue to suffer, IMHO.

Is this MURIC or should we wait for the real one?

it's a bump hat which offers some protection against objects. But isnt a hard hat aka helmet more appropriate there since the risk from falling objects exists.

Engineers, what do you have to say?