₦airaland Forum

EZEIGBO1OFIMO:
Oandos share price has just kept running up and up, sometimes I feel NSE is the more you look, the less you know. I suspect wale tinubu and his cowboys are up to something.

I disagree. The truth is everyone is on his/her own in the market. No one has a gun pointed in his/her head before u buying or selling. When Oando price reached 5.99 I bought n sold at 7.39. I still have some which I will soon sell. Many people in the market are follow follow, forgetting that each investor is on his/her own.

zendi:
If the manipulators manipulate you into your promised land should you complain?

No one is forced to buy or sell shares, it's a matter of choice. The truth is many are self induced illiterates on stock matters.
In conclusion, every buyer or seller of shares, shine your eyes

ORACLE1975:
President Muhammadu Buhari on Tuesday defied a downpour to perform the groundbreaking for the construction of the proposed 260-kilometre Calabar-Ikom-Katsina-Ala superhighway and a deep sea port in Cross River State.

Despite the rain, the President shunned the helicopter in the Presidential fleet and rode on the deplorable road from Calabar to Obun village, in Akamkpa Local Government Area of the state, for the inauguration of the project.

The visit to Cross River was President Buhari’s first working visit to any state in the country since his assumption of office on May 29, 2015.

The President’s Nigerian Air Force flight 5N-FGT touched the tarmac of the Margaret Ekpo International Airport in Calabar at exactly 10am, but he could not use the helicopter marked Air Force NAF-280 to the venue of the ceremony due to the heavy rain.

Buhari, however, got to the venue of the groundbreaking event at about 12.35pm, while the helicopter flew in to wait ahead of his arrival when the rain subsided.

The President and his entourage were received at the airport by the state Governor, Prof. Ben Ayade, his colleagues from Akwa Ibom and Imo states, Udom Emmanuel and Rochas Okorocha respectively, and two former governors of Cross River State, Mr. Donald Duke and Senator Liyel Imoke.

Others were the senators representing Cross River south, central and northern districts, Gershom Bassey, John Enoh and Rita Oko respectively. Others were a former presidential aide, Senator Florence Ita-Giwa and a former chairman of the Peoples Democratic Party, Mr. Ekpo Okon.

Speaking shortly before unveiling the project, Buhari, who was welcomed to the venue by a mammoth crowd including the Obong of Calabar, Ekpo Okon Abasi Otu V, and other traditional rulers, said he would support the project and ensure that it was completed.

Apart from providing job opportunities, Buhari said the road would reduce travel time from Calabar to the neighbouring Benue State and beyond by over four hours.

He said, “This 260-kilometre road is intended to serve as an evacuation route and I understand that the technical process for the deep seaport is ongoing. The road will open a window of opportunity for the people of Cross River State and Nigeria as a whole as well as reduce travel time from six to two hours.

“That I am here in person underscores the importance that the Federal Government attaches to this. It is indeed a significant milestone in the economic policy of the governor. This is the first groundbreaking under my Presidency. I commend Ayade and his team for their foresight in conceptualising this project.

“I want to assure you of the commitment of the Federal Government to ensuring the completion of the project. I promise I will come back to commission it. I urge the governor to ensure that work is done on it quickly.”

Earlier, Ayade, who commended President Buhari for honouring the invitation to unveil the project, had said the idea of the road and the deep sea port was meant to find a new means of production after the ceding of Bakassi to Cameroon and the subsequent loss of 76 oil wells.

Ayade, however, solicited the support of the Federal Government in the completion of the project, adding that the state financial resources would not see the project through.

While promising that with commitment the project could be completed within the next four or five years, Ayade said already the state had received a 500m Euros facility from a foreign financial institution as well as support from Skye Bank and Heritage Bank to execute the project under a Public-Private-Partnership model.

He said, “Mr. President, you said you are for everyone and today you have proven this by your support for us. That is because given the circumstances of our nation and the politics, Cross River State would not have been worthy of being your first port of call. You have shown that you are truly a President.

“The ontological kinetics of the road started with the loss of oil wells, consequent to the loss of Bakassi. The state was reduced to want. It became imperative to reconstruct a new means of production and open a new horizon to get our teeming young men employed.

“The road will serve as an evacuation corridor for the new deep sea port. The sea port will have a draft of 14 metres and a key wall of 680 metres that will allow for all sizes of vessels to berth. The road will be the first to have broadband Internet connectivity, speed cameras, ambulance services, and photo solar system.

“It is your courage and encouragement that will see us through. I know you will make it come to pass. We have secured a 500m Euros facility from a financial institution in Israel. We also have the support of Skye Bank and Heritage Bank under the PPP model. It is our hope with the support given to us that the project will become a reality.”

Earlier at the airport, Buhari had inspected the guard of honour mounted by personnel of the Navy, Army and Air force.

The President and his entourage later departed the venue of the ceremony with the Air Force helicopter at about 1.20pm.

source. www.punchng.com/news/buhari-defies-rain-shuns--helicopter-in-c-river/

Read the story well
The President did not shun the helicopter, the helicopter did not initially take off due to bad weather

Hypocrisy is when all a person we love does is right, notwithstanding the fact that such a person is wrong.

ochejoseph:
1. Hypocrisy is when you hang Stella  Odua for buying 2 Bullet proof cars at  an excess of N100 million ($625,000) and Praise Fashola for using  N139 million ($870,000) for the digging of two boreholes.

2.Hypocrisy is when you abuse your brother for supporting Akpabio while you Openly celebrate Rotimi Amaechi ,a man accused of the same crime



3.Hypocrisy is when you want and advocate for the Rivers and Akwa Ibom RECs to be prosecuted while keeping mute at the Yobe REC whose receipt  of gratification is well documented.


4.Hypocrisy is when you insulted the army and called them names during the Jonathan Era and suddenly become the spokesman of the army when your brother takes over power. 


5.Hypocrisy is when you celebrate every bomb blast under the previous administration and expect those who know your antecedents not to X-ray your current Psuedo-Patriotism 


6. Hypocrisy is when you describe then  presidents visit to Chad as a trip  to plan more attacks on civilians  and your mentor suddenly visit Chad for the same reason and you suddenly see it as an act of good neighbourliness


7.Hypocrisy is when you describe  the former regimes attempt at seeking regional  help to fight insecurity as shameful only to seek same help 72hrs hours after taking office. 

8.Hypocrisy is when you Promise young people #5000 monthly and feeding for  School children only to blame an "empty" treasury with over 3 Billion dollars in excess NLNG payment as being responsible for your inability to keep a simple promise

9.Hypocrisy is when you describe Nyanya as a15 Minutes drive to Eagle square during the previous regime only to describe same Nyanya as a very far community because government has changed! 

10.Hypocrisy is when you describe the unfortunate chibok kidnap as the most important issue the previous regime must tackle  only to describe same issue as a distraction 30 days later because your man is now in-charge 

11.Hypocrisy is when you hail Lai Mohammed for saying APC never promised to feed school children or pay anybody five thousand naira and you blame Olisa Metuh for saying APC is scam


12.Hypocrisy is when you hail Fashola for saying he never signed the cheques for the 78 million naira website and hang Akpabio for  saying he never signed cheques as governor. 

13.Hypocrisy is when you declare Amaechi, Fashola, Tinubu, and Kwankwaso innocent until proven guilty and declare Jonathan, Dezeani, and Akpabio guilty until Proven innocent.

14.  Hypocrisy is when you condemn a man accused of stealing before he is tried  and ask for empirical evidence when your party man is caught in the act.

15. Hypocrisy is when a media house goes in desperate search, sniffing  for news of bomb blast as front page news during the previous administration  only to for the same media outlet to place a blanket  ban on reports involving Bombs because their "mugu" is in-charge 


While not standing surety for anyone accused of corruption  we must as a nation reject this hypocritical double standard  by ensuring that anyone accused of fleecing the nation either directly or indirectly  receive the same treatment irrespective of their political party or religious affiliation 


May God Continue to Bless Nigeria and Nigerians 


Shalom .

http://abusidiqu.com/hypocrisy-the-nigerian-definition-by-oche-otorkpa/

100% on point

Contrary to reports, the three month deadline on Boko Haram given by PMB ends on November 13 2015. The deadline was given on August 13 2015

Nigeria's President Muhammadu Buhari has given his new military chiefs a three-month deadline to defeat the Islamist militant Boko Haram group.
He gave the order at a swearing-in ceremony for the new service commanders he appointed last month.
When Mr Buhari took office in May, he vowed to tackle the six-year Islamist insurgency "head on".
He has made a boosted multinational force of 8,700 central to his strategy in tackling the crisis.
BBC Africa Live: News updates
At least 17,000 people have been killed since Boko Haram launched its insurgency in northern Nigeria 2009, according to Amnesty International.
Although the militants have lost their strongholds, they are still active and there has been an upsurge in suicide attacks since Mr Buhari took office.
There have also been more attacks in neighbouring states.
The BBC's Randy Joe Sa'ah in Cameroon says suspected Boko Haram militants killed five villagers and a soldier on Wednesday night.
The militants entered the village of Lame, near the town of Fotokol in the Far North region, almost silently using horses and bicycles, a military source said.
They burnt down homes and schools and managed to escape before army commanders arrived at the scene.
'Joint effort'
President Buhari - a former army general - reiterated that the new military chiefs would be expected to work closely with neighbours Chad, Cameroon and Niger in fighting Boko Haram.
He said he would give troops the necessary resources to achieve the "feat".

President Buhari urged the military commanders to respect human rights
But the president urged the armed forces to abide by the law when fighting the militants.
"In particular you must protect innocent civilians and respect the rights of combatants," he said.
The US has refused to sell arms to Nigeria, citing human rights abuses.
Two of the commanders Mr Buhari has appointed - Maj Gen Tukur Yusuf Buratai, and the National Security Adviser, Maj Gen Babagana Monguno - are from north-eastern Borno state, which is at the heart of the conflict.
Analysts say the president hopes this will enable them to have a good handle on what is needed to end the violence.

http://www.bbc.com/news/world-africa-33913305

A court in London has approved the seizure of cash from Nigeria's former oil minister Alison Diezani-Madueke, reports BBC Africa's Sam Piranty.

The amount seized from the former minister is about $41,000 (£27,000), following an application brought by the UK's National Crime Agency under the Proceeds of Crime Act.

The court ruled that the money can be held for six months.


AFP
Earlier, we were told that Ms Diezani-Madueke (pictured above) had appeared in court. However, this has turned to be incorrect, and she did not attend.

She has not yet been charged with any offence.

Ms Diezani-Madueke was freed on bail on Friday following her arrest, as part of an investigation into suspected bribery and money laundering.

She has previously denied any wrongdoing when it was alleged that $20bn of oil money had gone missing when she was in office between 2010 and 2015.


Nigeria ex-minister's cash seized http://bbc.in/1FPSFvg via @BBCNews

Good idea. There are many people doing such in diverse ways already in Nigeria

What line of business.

Our former Petroleum Minister had been under investigation since 2013. Hope our EFCC could be doing same for all our political office holders. Let them be under constant investigation/watch

http://www.nationalcrimeagency.gov.uk/news/718-international-corruption-unit-arrests

theDEVILisHERE:
The next and best thing is for the country to be de-almagamated and the various components to go their various ways and forge a future for themselves cause the country has no future

Beheading is not the cure of headache

Yes Nigeria is 55 so what what next.
This is dedicated to all who have toiled laboured and even died for a better prosperous and united Nigeria.

So what is the Nigeria of your dreams and what will you do to make it so? Let's contribute

As for me I pledge to see every Nigerian as a member of my family. No to ethnic bigotry

Yes Nigeria is 55 so what what next.
This is dedicated to all who have toiled laboured and even died for a better prosperous and united Nigeria.

So what is the Nigeria of your dreams and what will you do to make it so. Let's contribute

As for me I pledge to see every Nigerian as a member of my family. No to ethnic bigotry

Interested adeyikanmi72@yahoo.com

XavierBlue:
http://www.vanguardngr.com/2015/09/ministerial-appointments-going-back-on-september-30-presidency/

As it is the President's promise will not be met. A cabinet can only said to have been constituted after its been sworn in. The cabinet can only be sworn in after the nominees of the President have been ratified by the Senate. So except the bow and go method is used there is no way we will have ministers in the true sense of the word by September 30 2015.

This article is similar to that of the Saturday Punch. I smell a rat here.

emamos:
http://www.punchng.com/opinion/buhari-is-not-a-nigerian/

The title should have been "Buhari is not a 'Nigerian'"

Adesiji77:
http://businessdayonline.com/2015/09/sarakis-arraignment-seen-to-boost-investor-confidence/ lalasticlala

This article honestly does not say anything about investor confidence.

INTROVERT:
reading... please has anyone called tonyebarcanista yet




well, going by the first paragraph, the warning in January 2015 should have been enough reason for GMB to appoint ministers, set up a cabinet/economic team as soon as he was elected and hit the ground running bearing in mind that election years are more about campaigns and less of administration.


my opinion

I agree with you 100%

criminalmindz:
friends and colleagues from every part of the nation and some of my best friends are not even from my side of the country.

However, recent events are making me to have a deeper reflection and I wish we- Southerners in this instance- can have some kind of introspection. Out of 25 appointments made so far, 18 are from the North, 3 are from the South West, 4 are from the South South while the South East has ZERO appointments. A tweet which I saw today stated that “southerners are only competent when it’s time for elections but northerners are competent in terms of governance” and this made the following thoughts run through my mind:

1. Only Southerners have been accusing fellow Southerners of corruption. Oshiomole has been attacking Ngozi Okonjo-Iweala as if Ngozi turned down his marriage proposal. The same Oshiomole tried to make nonsense of Akinwumi Adeshina’s successes in the agriculture sector. Ambode tried to pull Fashola down and successfully smeared him with stains. Maybe that’s why Fashola did not get the Chief of Staff role. I’m yet to see a Northerner accuse another Northerner of corruption, even when they belong to different parties. The closest a Northerner got was when the new Kano State Governor attacked Rabiu Kwankaso but he quickly sheathed his sword and even disowned previous reports of attacks. Why are we like this?

2. Are Southerners the only ones who are corrupt? Were there no northerner heading the ministries and parastatals? Did the outgone Comptroller-General of Customs, Abdullahi Dikko not have an alleged case of certificate forgery but he still served out his tenure until he resigned voluntarily? I’m not in support of corruption under any guise but the fight against corruption must not be seen to be sectional.

3. How come it’s easier for the President to believe that Sanni Abacha was not corrupt in spite of recovered loot while it is so easy for him to believe Goodluck Jonathan is irredeemably corrupt?

4. I still remember that aside from God, Tinubu made Tambuwal what he is today. The same Tambuwal would later call Femi Gbajabiamila ‘incompetent’ and rated Dogara as more competent. The same Tambuwal was propped up by Tinubu, a Southerner against a fellow Southerner, Mulikat Akande. Obasanjo was very key to denying Goodluck Jonathan a second term. A good number can still recall how OBJ tore his PDP membership card in public glare. The Northerners find it easy to support themselves but we are always pulling ourselves down. Babangida Aliyu, Sule Lamido and all the other Northern Governors including the former PDP Chairman Adamu Muazu often times refused to campaign for Goodluck Jonathan openly and many times even espoused the virtues of the opposing candidate on the rostrum!

5. Southern leaders and Presidents pull down Southern business men but prop up Northern ones. How many people still remember how Obasanjo ran Mike Adenuga out of town but both Obasanjo and Goodluck Jonathan made Aliko Dangote what he is today. No northern leader goes against their own. I dare to put it on record that President Buhari will never go against Aliko Dangote for any reason.

6. How come OBJ pardoned Salisu Buhari, the ex-Speaker who forged his credentials and he later was given an appointment as a Governing Council member of a University and heavens did not fall- but when Goodluck Jonathan pardoned Alamieyeseigha it became one of the major issues counted against him? Is there one rule for some and another rule for others?

7. We find it easy to raise our voices in support of the deportation of Buruji Kashamu but have no qualms with Atiku Abubakar strutting around the corridors of power.

8. Only Southerners find it so easy to abuse their elders when they voice opinions not in tandem with the popular opinion. We find it easy to diss Afenifere elders and call them ‘Afenifebi’ while hurling expletives and curses at them. We even abuse our kings and priests. Northerners will never abuse an Emir no matter how unpopular what he said is. Can you imagine any Northerner raising his voice against the Sultan? In spite of Tanko Yakassai, Balarabe Musa and Dangiwa Umar’s perceived support for Jonathan, northern youths did not abuse them. But our own youths run down our elders on social media while our educated elite also support the act.

These are some of the thoughts that have been running through my mind. I don’t pretend to have all the answers and I do this at the risk of being labelled an ethnic bigot. The point however is that Southerners have to get their acts right. We have to put our house in order. The bickering must stop. Let’s engage our emotional intelligence. Let’s not allow others to exploit our tendency to self-destruct.

Interesting food for thought. GOD bless Nigeria

How much

megainvest:
Don't mind all these monkey hunting analysts we have in Nigeria: proshare etc. The market often goes opposite direction to their recommendations. I only visit their websites for the facts, figures, news and sometimes their analysis but never for their recommendations.

The truth is most 'expert' recommendations are suspect

Hi there r u on Whatsapp.

lancee:
..hehehe NSE ...some people still dey pretend as if they never lost money on NSE

You win some n loose some but you must learn to minimize losses

Michael11stock:
I am loosing 60% of oando the thing dey pain me ooooo gan gan

Where have u been? You better sell fast o make u no loose 100%

I can b reached at olatundealao@gmail.com

How can I be an investor

OLAMIMO12:
Hello House........ few partners/investors are needed to cultivate 1hectare of farmland. Only cucumber and watermelon will be grown.

How can I be an investor

What n what is needed to be part of d business

I heard our dear President speak about $ 150bn missing over the last decade whilst in the United States of America
I found that he was referring to the Global financial integrity report
The report talks about IFF( Illicit Financial Flow)

The report can be gotten
http://www.gfintegrity.org/report/2014-global-report-illicit-financial-flows-from-developing-countries-2003-2012/
The breakdown is as follows
2003 nil
2004 $ 1.680bn
2005. $17.867bn
2006. $19.159bn
2007. $19.335bn
2008. $24.192bn
2009. $26.377bn
2010. $20.780bn
2011. $20.144bn
2012. $. 7.922bn

Totalling $157.455bn

So the "missing" funds can include even over invoicing of private sector contracts and other non government transfers

Ishilove:
Let's see how many geniuses we have on the forum.

Wife

1+(11+3)+15=30