₦airaland Forum

NNPC doesn't understand the significance of UNGA74 they attend with Buhari.

They probably don't understand how the new 0.5 per cent sulphur emission regulation would affect them and global oil supply.

Nations are working hard to go green, we are working hard to remain behind because fossil fuel will still be in demand for at least two decades more.

Yet, they've siphoned crude oil for 59 years without anything to show for it, 20 years more won't move a needle.

post=82574909:
We are 100% sure that less than 24 hours from now,
There won't be any junk YouTube channel call RootsTV anymore.
This is the end of their propaganda channel sponsored by former criminals in power.

Quote this post when you see it on FP that google deletes/removes RootTV from YouTube!


Lol .
It is good to ignore all these junior wailers roaming about this section.
Dem senior ogas from 2010 disappeared briefly after PMB came on board in 2015, now they are off totally after our darling Daddy flogged their corrupt Daddy for the 2nd time.
Dis little ones no reach!
They are only here for wailing....
Ignore them...

Na fast fast then go delete am, especially after PMB statement in NY saying social media platforms are becoming tools for inciting violence. This people thinks Google Nigeria will risk its business for one mumu propaganda they can't verify.

Hallams:
shows how poor we are doing in terms of processing and post harvest handling. How can about 50percent of our production be wasting every year. It is simple we are just producing so that our tomatoes can get wasted. Imagine if we could just process 80percent of the tomatoes wasting every year?

Please this a pure lie, there is nowhere over 50 percent of farm produce rot. Its a lie made up by lazy researcher/data analyst or would you as a farmer leaves over 50 percent of your farm produce to rot on the farm?

Dangote tomato processing plant just shut down again after six months of production for lack of raw materials.

Where are those saying 70 percent of farm produce rot before it reaches consumers, that Nigeria needs processing plants?

The factory was forced to reopen in March due to the high cost of maintenance, estimated at N30 million per month and resumed with 100 tonnes per day out of 1,200 production capacity. Six months later suppliers couldn't meet just 8.3% production level.

In the article below, I said, "it is now obvious that the issue is not just the lack of tomato processing factory but also the lack of necessary raw materials."

"It is the shortage of fresh tomatoes that fuels the demand for imported tomato paste and also explains why the price of fresh tomatoes fluctuate with dollar liquidity."

Nigeria is a very poor country with exaggerated capacity or how does one explain 23.1% unemployment rate, 55.4% underemployment/unemployment of youths and 85 million extremely poor people?

I wrote an article on it last week, you can read it here https://investorsking.com/again-dangote-shut-down-tomato-processing-factory/

As an entrepreneur that built a business from scratch with limited resources, the various emails we receive from experts, corporations etc requesting for an interview (tv, radio etc), expert opinion on key topics and commending us on a job well done.

Foxman19:
Let us forget the interest of the Messenger of this article we should treat the content of the message. To me this man is absolutely right. The Nigeria politicians should be ashamed of themselves they have killed the country economically and there is no future for coming generation. Even the present generation are garnish their teeth. I'm happy that Obasanjo ,IBB, Dajuma,Gowon Abdusalam are very much alive watching the consequences of their mess committed then.

The content is not entirely right but a lot of people do not have the numbers or know-how government policy works. South Africa is in recession, and the over $3 billion export is mainly crude oil. Meaning, we can increase export duties we reduced for African nations just for South Africa. They are not buying from us because we couldn't sell but because it is economically viable to do so taking into consideration proximity (logistic cost).

Again, MTN generates 35 percent of its global revenue from Nigeria at over N1 trillion while Nigeria remains DSTV largest market. Gimba undermines the significance of Nigeria's market to the entire African nations in this article but the way they couldn't go ahead with AfCFT agreement without Nigeria says otherwise.

Also, Gimba has forgotten that South African owners of these companies are white, they will never hesitate to localise their companies in Nigeria if black South Africans remain a hindrance to their growth. Nigeria is a bigger market and contributes more than 20 African countries in revenue. Part of which they illegally repatriated ($11 billion) in 2016.

On the FDI, he is purely lying, South Africa highest FDI since 2013 was $4.8 billion recorded in 2018. While Nigeria recorded just $2.2 billion in the same year (her lowest in 13 years), our five years average, 2014 ($4.7 billion); 2015 ($3.1 billion); 2016 ($4.4 billion); 2017($3.5 billion) and 2018 ($2.2 billion) is far more than South Africa. https://investorsking.com/uncertain-fiscal-policies-fdi-inflow-to-remain-low/

Nigeria's FDI already rose by $1.2 billion in the first quarter of this year and with South Africa in recession and economy projected to grow less than 1 percent in 2019 (before the Xenophobic attacks), more FDI will find its way to Nigeria, especially after Xenophobic attacks and the growing perception that if all Africans finally leave SA these animals will face the white minority.

We have the biggest market in Africa, Gimba talking as if MTN and others are doing us a favour when in fact yearly fund repatriation is what is sustaining South Africa weak foreign reserve.

@ Investors King, we think while it is imperative to up revenue generation, it is also cogent to sustain and up consumer spending – a key driver of the economy. A 44 percent increase in VAT would hurt the effectiveness of the recently increased minimum wage and further erode the already weak household income.

All central bank’s policies, 60 percent LDR, the new limit on bank’s investment in fixed income market, financial inclusion program etc, point to aggressive growth through a broad-based economic stimulation and job creation. Therefore, an uncomplimentary fiscal measure would impede growth through weak retail sales (consumer spending) as income and savings would drastically drop despite an increase in the minimum wage.

Also, the financial inclusion program of the Central Bank of Nigeria will take backstage amid a drop in savings.

Nigeria’s unemployment remained high at 23.1 percent and with a 44 percent increase in VAT that number is likely to surge even further as businesses will hold off on recruitment in the near-term.

Reducing interest rate while increasing the number of taxpayers would have effectively complement CBN’s efforts — enhance economic productivity, boost job creation, increase consumer spending and support wage growth.

https://investorsking.com/fg-raises-value-added-tax-by-44-to-7-2/

KLEINBASS:
Nigerians contribute only drugs into our economy, since we are cleaning you guys the Rand is even improving. We where supposed to get downgraded to junk status but we did not. The market that is actually contributing to our economy is welcoming the cleaning that is happening.

https://www.nairaland.com/5407744/xenophobia-rands-strong-run-expected#82074193

Dollar/Rand: R14.71 (0.63%)
Pound/Rand: R18.20 (0.03%)
Euro/Rand: R16.26 (0.39%)

You are probably market ignorant. These are paired currencies, meaning a decline in the US dollar, especially after leaked details of Bolton sack boosted emerging currencies as investors jumped on them to avert further catastrophe from the unpredictable Trump.

The Brexit unclear path continues to weigh on the Pound as global investors won't near it after Boris Johnson suspended parliament until October 17, two weeks before official exit from the EU.

While the European Central Bank has failed to convince the market on stimulus path in spite of the falling economy. In fact, if you are conversant with economic fundamentals, you should know SA is in recession hence Rand remains unattractive to investors in the near-term.

Now lets look at South African key macro indicators, not paired currencies.

South African business confidence at the lowest level since the 1980s, according to the South African Chamber of Commerce report released earlier today. Investors/businesses are not investing since they are foreigners.

https://www.bloomberg.com/news/articles/2019-09-11/south-african-confidence-at-lowest-since-1980s-disinvestment?srnd=premium-africa

Factory production plunged for a second consecutive month.

https://www.bloomberg.com/news/articles/2019-09-10/south-africa-factory-output-falls-for-second-straight-month?srnd=premium-africa

Moody's, global rating agency have no quick solution to your power problem.

https://www.bloomberg.com/news/articles/2019-09-09/moody-s-says-fixing-s-africa-s-eskom-is-complex-will-take-time?srnd=premium-africa

goshen26:
Don't be surprised if another country ask him to be president because Nigeria will never choose her leaders base on brain

Highly likely.

We've discussed this before. Some African countries will still approach him for a minister. He is that good!.

Flyingngel:
If Nigeria love good things and want good and robust economic policies, i can conveniently tell you our next president shld be Adesina.
That man is a moving bulldozer.
But here we are so fantastically corrupt; if you don't have billions of naira to bribe virtually everybody, don't dare seek election be it president of governor.
The youths who by now shld take over the governance of this country are more corrupt than the old politicians.
Yahaya Bello comes to mind.

And he has huge reach across the world. He actually understands Nigeria issues better because of his background.

seunmsg:
Why is the company begging for negotiations? Why are they scared of the investigation ordered by the president to unravel all the crimes committed in the process leading to the award of the fraudulent contract?

P&ID should be insisting on the implementation of the judgement they got instead of begging for negotiations. If they got the contract and the judgement fairly, they shouldn’t be scared of the investigation. This new twist goes to show that the Federal government is on the right path. We must subject the dubious contract to media scrutiny and let’s see if it can stand the rest of time.

While I encourage government to negotiate with them, the current media scrutiny and investigation must be sustained. We should negotiate from a position of strength and not one of weakness that PDP and GEJ got us into. As it stand, we should not pay anything more than $500 million.

I explained the why below, they are a scam with some Nigerians self.

https://investorsking.com/9-6-billion-judgment-and-new-discoveries/

Why are they celebrating it? Finance minister lacks financial capabilities.

6 percent of $540 billion= $32 billion

7 percent of $345 billion = $24.15 billion

Give us a 6 percent tax to GDP of $540 billion without the current hardship.

Larryfest:
Will this affect the increase the Americans has already put in place against us Cos i don't see those guys making a reverse anytime soon..

Yes but will take more time.

post=81678400:
People like Invictus Obi and Co were opportuned to leave the country and experience a better life abroad but they still chose a life of crime.

It is easy to point fingers at the government and blame poverty or the devil but its also important to note that when pointing out one finger, the rest always point backwards.

No mind them, I said it in this piece "It is obvious the issue is not entirely poverty or the high unemployment as most Nigerians have been postulating but a broad mental decadent that placed monetary worth over honesty or even humanity. Nobody knows Invictus Obi until he was able to buy his way into Forbes and other top platforms."

"Even Invictus Obi had his Bachelor and Master Degree (MA) in International Relations and Counter-Terrorism (cum laude) from Monash University, Australia. One of the most expensive universities in Australia."

https://investorsking.com/fraud-and-corruption-samson-siasia-invictus-obi-nigeria-rebrands/

somehow:
Still need writers?

Are you a journalist? Can you do business/finance related articles/analysis?

Kweensavvy:
Yes, i do. Send me a DM so we can discuss.

I just did.

James4bright:
Good day fam, it's a bit difficult surviving as a journalist here in the state I actually reside. Most journalists aren't on the payroll, but we have no option because valuable jobs are a bit scarce.

So I'd like to ask newspaper journalists in house, how exactly do you make your earnings? Few journalists I've come across hides their own means like their lives depends on it, anyways it could be ethical or not, it doesn't matter as long as you make good amount of money to survive in this harsh economy. Please help, a brother oh.

Check your email..

Kweensavvy:
I am also a journalist but it has never EVER crossed my mind to work in a media house. Well, i suggest you try freelance writing till you find a better jobs cuz i wont lie to you that working in media houses will pay you well. Even top editors in some media houses dont earn much and you will work hard! Had my taste of it during my undergraduate IT days.

Well in other countries, yes. But Nigeria, no. How many people even buy newspapers these days? Even my elderly dad now reads news with his smart phone when there power issues. Worse still these newspapers cant go digital. It seems strange to them. Their online platforms are laughable.

Do you write? We are looking for good writers.

am4truth:
And God said it shall be well with you, myself and every lover of God.

Ok....do you know that words like research, evidence, information, homework, housework, among others does not have a plural? There is nothing like evidences, researches, homeworks, houseworks.

I am a versatile freelance writer and Ghostwriter with over 4 years of experience writing for many clients and firms on platforms that include Tempest, Connectstarr, Agile, Accenteyes, iwriter, Guru, Actins, among others. I can provide what you seek (skills, experience, expertise, and knowledge). I have the passion to always deliver top-notch contents at all times. My contents are of high quality, easy to understand, grammar and spelling errors free, Copyscape pass, and free of plagiarism. I'm the marketing consultant for Actins that handles all their marketing blog posts.
I’m a Management Consultant, a former MBA student with MIC, Canada, former full-time staff of KPMG, and former manager for Coca-Cola Hellenic. I'm a premium writer with iwriter, a member of the International Association of Professional Writers and Editors. I'm also a Google trained Certified Digital Marketing Specialist with good research and SEO skills.

Do you need great content for your blog, websites, among others? Get in touch today.

Email: whisperingop@live.com
Linkedin page: https://www.Linkedin.com/in/hustlersblog

No whatsApp?

ada9ja:
Ever since he met with Nnamdi, I knew Dino melaye kind of movie will come up....Nigeria are the most easiest to fool....he started the revolution thing and might stage the arrest thing to make the whole thing look strong cos most hate buhari and such story can easily be bought....I have 90% believe that it was all staged to make the revolution hot....

Your profile shows you conduct research for a living, yet you didn't know Sowore started in 1989 when Kanu was a novice/baby. Babangida, Abacha etc jailed Sowore and he was almost killed. Where was Kanu then?

Why did you think Saharareporters were the first to support Kanu? Because Sowore understands the patterns. Google please, there were old newspapers of Sowore as far back as 1990s standing beside MKO Abiola during the military era.

sonnie10:
Does his visit with Nnamdi Kanu has something to do with this?

Not at all, where was Nnamdi Kanu during 1990, even during Abacha regime when Sowore was almost killed?

Sowore has been like this since 1989.

Anambralstson:
AMCON is being economical with real debtors, why chronic debtor like Adenuga missing in their list.

Globacom worth more than $2 billion and they are going after top 20 first according to the meeting the had on Tuesday.

DameB:
Which type of collateral did these men use to secure these loans?
Meanwhile Lapo dey make people commit suicide for common taazands, see igbese in billions here nau

They are usually not with better security because of their position, yet AMCON acquired those bad debts hoping they could use gov position to force them to pay or go after their properties. 10 years down the line, no one is paying after several efforts.

Osinbajo constituted a task force on Tuesday to go after them, hence, why they released their names today. I wrote about it here:

https://investorsking.com/fg-setup-task-force-to-go-after-amcon-debtors/

Let see if it will work.

Gentlewarrior1:
I never knew burna boy was this stupid

No wonder he stopped handling his social media for his own good now he is talking trash when interviewed

I and countless igbo peeps listen to his music a lot

He just lost a fan

99.9 percent of your likes didn't watch the interview. He was asked when did he know music is the thing for him, he said the show he went for in the eastern part of Nigeria.

It was the love they showed him that made him believe music is for him. He then went on to say considering its a region where they prefer their own artists, it was big for him. In a few words, Easterners made him believe in himself.

But as always, bloggers feed on your likes.

Mizwisdom:
What if he's beaten again? could have fought other people before trying Ruiz again

It doesn't work that way, it is a risk he must take considering what goes into the four belts. Ruiz won it all once, AJ had to fight 3 champions from USA, Ukraine, and New Zealand to get them.

Again, he was lucky because back then he wasn't considered a threat, hence, the opportunity to fight for those belts. Now he will never get the same chance because he is too much of a risk. Boxing is a huge politics, a lot are praying he lose again because if he wins, his market value will blow open in America, that was why he insisted to have the rematch in New York instead of the UK as his promoted wanted.

America is a big market, AJ is at the top of it all. This is a necessary war for his legacy. Also, he would be the only active two time Heavy Champion if he wins and if Klitschko comes back, they will be two.

Sarang:
How can someone open an acct from overseas without BVN?

The option is on their websites, UBA, GTB, Zenith, FCMB etc.

But your access will be limited.

Just look them up.

There is no expert saying anything.

The 23.1 percent unemployment rate was released by the National Bureau of Statistics in the third quarter of 2018.

safarigirl:
there is no originality in music today, let me tell you now. Everyone samples everyone's style. Do you know how many artistes Drake has copied? Does that take away from his brilliance? Rema is inspired by Swae Lee, Patoranking is inspired by a host of reggae artistes, Banks W is a whole Ne-Yo copy, yet, he still gathered a following. Burna Boy is trying so hard to be Fela, but his fanbase is massive. So, it is obviously not a perceived lack of originality that is stopping Wurld.

An artiste cannot work in isolation, they need inspiration, and these may come through the works of other artistes. Johnny Drills's song, Papa, was inspired by Darey's Pray For Me and Luther Vandross' Dance With My Father. Did you notice?

If you had a vast reservoir of music, you would juxtapose different songs and find that nothing is original and all artistes have been inspired by one person or another.

You are funny. Drake operates in a totally different market. If he had tried to push his music in Canada, he would have suffered the same fate as Craig David.

The Nigerian music industry is still very young. To carve a niche you need to be original with your sound even while adopting certain things from the foreign market. Burna boy, I like that you mentioned him, his sound is so unique despite integrating Fela basics.

What about Wizkid? You can copy but your sound has to be original. When Johnny sang Papa does it sounds like him or Darey? That is his original sound. A lot of artists have made old songs new because of their sound, Pentatonix -Hallelujah and listen to the same song by Jeff Gutt on American idol.

Let me ask you, why do you think Afropop is big now? Because it sounds different, yet we know Wizkid and the rest copy but they own it, made it their own via their unique sound.

Ishilove:
Lack of. Pangolo music has messed up our youths' taste in music.

It is not just Pangolo, he is not original. I can hear a lot of foreign artists he copied, even to Wizkid come closer.

Asa, Lagbaja, Johnny Drille etc. do alternate music and people still love them.

If you will take the road less travel, better be sure.

rentAcock:
Imagine leaving 1million naira in the bank and having it lose 12% in purchasing power every single year. At this point I would rather buy bitcoin and take my chances.

What is the difference between current 11.37% and projected 12%?

The same rate was over 18% previously and you didn't die.

CanadaOrBust:
My question is, if Naija inflation is 11% and US is 1.9%, what keeps the exchange rate steady at $1=N360?

Nigeria's exchange rate is not market determined.

nabegibeg:
Why will you wish another man dead ?

If these supposedly "old politicians" were your father and relatives will you wish them dead ?

That is the difference between people like you and my likes. If these men were my father and 200 million people have to suffer because of his action. I will say RIP without missing words. People like you should understand that life is about tough choices.