₦airaland Forum

madridsta007:
Enough said.
Same thing which they did to cripple Ibeto Cement. Gave Dangote a lot of concessions which made him sell Cememt almost at half-price to Ibeto’s. When Ibeto was out-priced and crumbled, Dangote went back to his normal price.

story story

franchasng:
When you hear Americans saying their last presidential election was rigged, don't confuse it with your own type of brazen rigging as seen in Ekiti and Osun elections.

What they meant is some social media promotion firms from Russia created image lifting videos and campaigns to favor Donald Trump and to tarnish Hillary Clinton by exposing Hillary's past dark political secrets to make Americans dislike Hillary and prefer Trump. So they used Facebook more to push these messages to more American voters which made them to vote more for Trump, not as if it was rigged by changing figures like APC did in Ekiti and Osun.

Now back to Dangote, Dangote is the luckiest Nigerian alive and that's why he stay off contesting any political posts cos he knows past heads of states and presidents will expose him and kill his empire.

Dangote is not a self made billionaire. Dangote got his first business startup money from his billionaire uncle Alhj. Dantata + business connections and political connections from his father, uncles, etc. How many Nigerians had such opportunity If many Nigerians here have someone to give them just 5million to startup a business or fund their ideas, many will become richer in few years to come.

Dangote is the looting pipe and front for majority of past Nigerian heads of state excluding:

1. Abacha
2. Yaradua
3. Goodluck

Dangote gets a lot of tax and FOREX waivers running into billions while other competitors don't get! The FOREX waivers Dangote gets alone can make any mad man a very rich person

Let me explain the FOREX waiver Dangote gets to you.

If dollar is 365 naira in black market, and CBN is selling dollar at 310 naira. Federal Government will issue Dangote a FOREX waiver to obtain dollar from CBN at official rate of 310 naira to encourage him so he can employ more. Dangote will buy this dollar and move it outside Nigeria and round trip to make billions.

That alone is a multi billion dollar business that made Aisha Buhari and many top APC chieftains billionaires in 2015/2016 when dollar shot up to 500naira = $1.

They will get waiver from CBN to buy $ at official rate of say 310nairs = $1 and they go to black marker to sell it for 480naira = $1, now check how much they will make selling like $50million

Dangote gets monopoly while his competitors gets shutdown. Obasanjo did it for him as against IBETO!

Dangote and Otedola used to be sworn secret enemies due to his cousin Rahamania Oil issue with Otedola, what rescued Otedola is Goodluck that brought him back from Ghana as soon as he became president because Otedola used to respect him even while he was VP.

They wanted to kill Otedola, they slapped him with several fines and charges running into billions, Goodluck waived all that but still mumu Yorubas hate Goodluck even after all the favor he also gave to their god Tinubu's OANDO oil but just because Tinubu wanted him to give his relative minister of petroleum job which he didn't, he turned against him. Nature will humble Tinubu sha, soon!

So stop over hyping Dangote cos he did nothing special to become the political business billionaire he is today. When u talk about self made billionaires, u talk about the man in topic of discussion that brought us here in the first place

he did nothing special? ?

you are on this stupid argument again


And comparing dangote to ibeto is ludicrous

any ways I know your type, you sound like one of my uncles who was fed with the koolaid of how dangote ruined ibeto while in reality Ibeto ruined ibeto

Like I asked you in the other thread, tell me one gov't that will support a common inoorter of cement over a local producer of cement? ??

And yes due to the volatile nature of Nigeria, dangote needs all the waivers and protection he can get, because without that he will be ruined, and others will not be encouraged to invest in the murky waters of Nigeria

CoolAmbience:
United States of America is built on fairness, honesty.....bla bla bla.

Was their presidential election not rigged?

Dangote is a blessing to Nigeria incase you don't know. You don't seem to know what it means to have over 10,000 people in your employ and counting...

don't mind that guy

not to talk of the industries he has built and the savings he has made Nigeria via import substitution strategy


with the refinery coming up....


We will both safe forex on importation, and at the same time even gain forex via exportation

franchasng:
Better nation where things work.

Do you know why America is a great country today Simply because the country is built on honesty, fairness and equality.

American law respects no class; be it poor or rich the law must take its course.

Dangote ought to have been jailed or paying off huge fines running into billions if Nigeria were to be a normal nation, but down here, they buy their way even when they break the law, what a failed nation called Nigeria

pay huge fines for doing what exactly? ?

Berankis:
Electric car manufacturing may be the future of automobiles but as at today, it is not! Tesla over its15years in business has never made a profit. So claiming via Twitter to taking the company private and securing funds for it was considered fraud and misleading investors. Let's just try to emulate, learn from this people from their acts of lawfulness and discipline, so we can be a better nation.

I wish such accountability exists in Nigeria

But everything in that zoo na just scatter scatter
And people get away with anything

GdexFolami:
What pains me the most is “you caring and trying to make us feel asif everything no concern you"

And some slowpoke will actually believe the whole thing that happened to him didn't touch him *smiles*
These people are just showing us what they want us to see.....

What is this one saying

Daboomb:
Time will tell but l know that these crazy Femminists are manipulating the system to their advantage.
The whole idea is to emasculate men and terrorise them otherwise, why would anyone in their right senses say "Consent can be given and withdrawn AT ANY TIME, if you continue, ti is rape?

Imagine is you are having consensual sex with a lady (she gave consent) and midway before you ejaculate, she just shouted "No, l have just withdrawn my consent now and you are now raping me"!
Some dofus feminnist would expect the man to standup immeidately like the humanbeing has become a SWITCH that you can turn off/on at will.
This is why l say women are evil and are using rape as their new WMD, to destroy good men.

But we must also accept that the world is changing and it is very different from the world of our parents.
Just like changes can be negative, some can also be positive.
Very soon, the power of sex that women have over most men, will soon become irrelevant since there are life-like Dolls that can do (almost) whatever a real female can do..... and the item can be ordered online and it is still getting better and better.
A few men today are happily married to their 'no-drama' sex dolls.

The other segments of men are also into other men though l detest that[b] but it all points to the fact that a point will be reached when all the leverage, especially in the areas of sex and child-bearing that women have, will become obsolete.
[/b]
Once that happens, women will become seen as the real adversary that they are and all the "weaker sex" sympathy will evaporate.

Cunning-man die, Cunning man bury-am.

I like the way you think


Women are setting themselves up for bigger problems in future

Sterope:
When you contract a carpenter to work on your roof and he refuses to work after payment, do you put a gun to his head to get him to work?

In the western world, a prostitute can accuse you of rape and you can go to jail if convicted whether prostitution is legal or not. If you paid her and she doesn't want to have sex, ask for a refund.

If ou get an escort to have vaginal sex with you. The agreement is vaginal sex. If you decide to have anal sex without her permission, it is rape.

In a country where prostitution is legal like the Netherlands, if your escort does not want to have sex with you, you can ask for a refund or better still, sue her!

However rape is part of the risk of working as a sex worker. It is much haeder to prove lack of consent. It doesn't mean you can get away with it if the odds are against you!

that's the point......


you are less likely to be burned by an escort

than a regular lady

Sterope:
Escorts can be raped too

escorts are FAR better
it saves a lot of stress and its pay as you go...

These days, women are increasingly becoming a bad business choice

pay as you go seems to be the panacea

no straight forward answer to this
But what I do know is that you should tell her what she NEEDS to know
Others should be at your discretion

Goldmaxx:
I'm sure when the guy fùčked his momma her left leg was on the guy's shoulder and she was so wet. After which they turned her over and fùçked her dry asś and she was screaming like a little bîťch she is. After which she had her throat deep-fūčked and finally hot sweet cūm splattered all over and her small face.. Damń, that was good...

you are a sick person

you need help, and it's best you go seek help

Infinitisi:
Was this your opinion too when Keystone Bank and Mainstreet Bank were created to take over BankPhb and Afribank respectively?

What's your point?

babeosisi:
Another black and handsome man stolen

"stolen" ?
I never knew black folks were exclusive to black babes

omohayek:
More innumerate rubbish. I've actually lived in the UK for a substantial amount of time, and unlike your barely-literate self, I've done so as a highly paid professional, making more than even the typical British doctor or barrister does until very late in their careers (think 6 figures in GBP). Even for those making at least £60k/year, life in London can be a struggle, with rents for 1-bedrooms in Zone 3 going for at least £1,200/month, rising to £2,200/month to live in a decent 1-bedroom in Zone 1. Even before getting to the issue of rent, UK taxes and national insurance are far higher than anything Nigerians are used to, and unless you're a long-term UK resident who is entitled to income support, you won't be getting any of that back to subsidise your lifestyle.

I repeat: anyone claiming as you do that one can make £30,000 a year in London while "hustling" is telling ridiculous lies. Even as a legal immigrant, without highly desirable skills the only sorts of jobs one can hope for are minimum wage roles, but the UK minimum wage is currently only £7.83, which works out to only £78.30 working as many as 10 hours a day, or less than £1,300/month if the job is a full-time one where one is guaranteed 40 hours/week: of course, typical minimum-wage jobs in fast-food, sanitation, supermarkets, etc. offer such sustained employment, most being at best part-time and highly irregular. This sort of money is barely enough to eat, pay for a travelcard, buy the cheapest second-hand clothes, and live in a dirty, cold, cramped bedsit far out from central London, which in turn means hours commuting each way to and from a sh*t job where you'll be treated by everyone as if you were less than human.

As for illegal immigrants who have no legal protections and must take whatever they can get working cash-only jobs, even the miserable existence of an unskilled legal resident will seem like heaven. What do you do when the farmer you've been breaking your back picking lettuce for decides he doesn't feel like paying you? What if the hotel where you've been washing dishes and cleaning toilets decides to only pay you £2.50/hour for your time, instead of the £5/hour they promised. Will you be stupid enough to report authorities who will immediately arrest you, throw you in a holding facility for 6 months and then deport you? Of course not, you'll keep your mouth shut and take whatever humiliation your illegal employer decides to dish out. The only way an illegal immigrant can "hustle" in London and make big money is by engaging in criminal activities like fraud and drug trafficking, and there are already more than enough such types in the UK disgracing Nigeria, thank you very much.

with the stupid state of Nigeria, it should not claim anyone is disgracing it. It has no reputation to defend in the first place

So much suffering and wickedness in one space, and people fleeing is only reactional to the sorry state of the f**ked up shithole.


I hear these days, Nigerian youths are even considering going to countries that most people in Nigeria did not even know if 10 years ago

Estonia, Bulgaria; Romania, Heck! some are even considering gambia, Uganda and Mexico

And you are talking about "disgracing Nigeria"

abeg

Mcy56:
So I thought too.......
I understand that Skye had issues but the urgency and impromptu actions attached to its taking over, coupled with the un-popularity of Polaris does not add up...... my personal opinion too.

exactly

and judging by how things go in Nigeria, like antecedents, something must be fishy and dodgy...

Deltayankeeboi:
We are getting there because a single road was repaired? Smh.

don't mind a lot of people here.


mediocres in Nigeria


But at least, there is improvement sha, no matter how negligible
We should acknowledge that too

this old fool has started again with blame.....

Ssalk:
Some People here just talking trash. If you ever step out of this country you will know Nigeria is Hell .
My friend don't look back just carry your load and run to London.
I have been to some of the best countries in Europe UK, Germany, Swiss, Denmark Sweden France etc and even the worst like Bulgaria and Albania. The poorest country in Europe Albania minimum wage is almost more than times 10 compare to Nigeria. My friend even if you are washing plate in London is 1000percent better than this country called Nigeria. What is 80k?? Less than 250 dollar..... Hissss....

you got that right

Akalia:
to someone who is under-employed and unemployed, yes it is. You never experience hard-nut life ma guy.

80k is chicken change

medical plus living in a decent apt plus eating gijd food plus extra money for recreation

how would 80k cover all that, especially in Lagos


peooke are suffering in that $hithole o

asuzor11:
Are you living in London? London is hell. even postgraduate fees are astronomous compared to us and Canada.. I have an aunt there and she is in hell state.. op should stay put and grow his income in Nigeria biko

more like he should look for another country

NIGERIA no get future prospects at all

Akalia:
A good old cliché quips- a bird at hand is worth more than a hundred out there.

If you don't have a blueprint of what exactly you intend to do in London and how to go about it, please stay back and make a life for yourself in Nigeria.

80k monthly paying job in a country like Nigeria is relatively a juicy one, if you ask me.

Bro please I am out of job, connect me to any that befits a graduate. Thanks in anticipation of your helpful response.

80k is juicy?

What sort of fuckery is this?

ayokellany:
Which of your governor did beta than his best ?
That will be too much, which did beta than his top three ?

what is this one saying??

do I have a governor?

Anyways I don't blame you guys

it's lack of exposure to how things work in other climes that would make people like you think that those governors are the $hit when they are all mediocres.

There is NO good governor in Nigeria

OwoLee:
I expect nothing good from someone who's nursing hatred...Well, the truth is tinubu is relevant because he has supported good candidates at the expense of his close allies who he doesn't trust. All the people that were governor weren't any of his family members. They were people who have worked in Lagos state government and very active.
He's a fatherly figure and pioneer to the formation of the party at the center today, so he's to respected.
Tinubu wishes always allign with the people that's why people keep voting his candidates, our votes count. enough of unnecessary hatred on the man.

nursing hatred? ?

wetin concern me?

otherway:
Sometimes we need to think deep.

Godfatherism is everywhere but let's face It, Tinubu has managed to present good governors to Lagosians and I mean real technocrat whilst he maintains the political structure making it a win-win situation.

Good governors you say??

His own government was terrible

Fashola's govt was just above average (by Nigerian standard sef )

And Ambode is a below average governor


let's face the truth

Is it not the same Lagos I know?

And let's look ar the other governors he foisted elsewhere

most of them are useless.


This country as a whole needs help

Infinitisi:
A report by the Economic Intelligence Unit has ranked Tier-1 Bank, Guaranty Trust Bank (GTBank) among top 12 global companies to watch out for in developing markets.

The 23-page report released by the world leader in global business intelligence titled “Going global: 12 companies to watch in developing markets,” examined six industries which include automotive, consumer goods, energy, financial services, healthcare and telecommunications.


According to the report, in the 12 local companies making waves across developing markets, Nigeria’s GTBank made the headline with its digital banking services and the only financial institution from the continent.



In August 2018 GTBank started offering its banking services on WhatsApp, a social media app. The report noted that GTBank’s digital services have extended beyond banking to online payments for services such as applying for passports.

The report also noted that the bank will continue to play a crucial role in providing loans to energy companies, noting that the bank also gets considerable revenue from upstream oil operations in Nigeria.

“ALTHOUGH GTBANK IS PROFITABLE, IT IS EXPOSED TO THE RISKS POSED BY VOLATILE OIL PRICES AND THE WEAK NIGERIAN ECONOMY, WHICH HAS LED TO HIGH LEVELS OF BAD LOANS FOR NIGERIAN BANKS.

“IN THE SIX MONTHS ENDED JUNE 30TH 2018 GTBANK’S NET INTEREST INCOME FELL BY 2%, TO N161.9BN (US$4.5BN), OWING TO LOWER INTEREST INCOME ON LOANS AND ADVANCES AND A FALL IN YIELD FROM FIXED-INCOME SECURITIES.”

Other companies listed incude:

Russia’s Kamaz truck maker
Chinese automaker, JAC Motors
Mexican multinational bakery, Grupo Bimbo
UAE-based Majid Al-Futtaim
India’s crude oil firm, ONGC
Russian state-owned Rosatom
Malaysia’s CIMB
Indonesian healthcare firm, Kalbe Farma
Brazilian healthcare provider, Notre Dame Intermedica
Qatari company Ooredoo
Brazilian telecoms company, Algar Telecom
A review of GTBank’s recently released H1 2018 results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria.

Its Gross earnings for the period grew by 5.9% to ₦226.6 billion from ₦214.1 billion reported in June 2017. While Profit before tax stood at ₦109.6billion, representing a growth of 8.4% over ₦101.1 billion recorded in the corresponding period of June 2017. The Bank’s Loan Book dipped by 10.8% from ₦1.449 trillion recorded as at December 2017 to ₦1.293 trillion in June 2018, while customers’ deposit grew by 10.0% to ₦2.269 trillion from ₦2.062 trillion in December 2017.

The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist Group, the sister company to The Economist newspaper.


https://nairametrics.com/economic-intelligence-unit-ranks-gtbank/

nice

jimcaddy:
Why does this man keep getting away with so many things? Have Nigerians become hypocritical all of a sudden? PDP you are not doing a good job as an opposition party oo. No one to put the ruling APC on check.

it's sad really.

Very sad

4601CE:
They’re Scegit

any thing wrong with meritrade

Mpeace:
Common spelling u no fit spell. it is detecThief not detector.

LMAO

Correction taken....

DetecTHIEF

deepsuk:
Happy weekend


Wetin Dey for first alum yeye Company...where b dem metrics professor dem Dey push the stock for hia


Top journal-criminals collecting Naira to write boost articles and defraud public...I pity the readers and young investor wey no know d trap...


To those who heard them...welcome you b d latest shell holder ...yeye Dey stink past lawma abt wetin b visionscapist

police detector

majekdom2:
you want to compare the possible error of one person to the errors of thousands of leaders you got in Nigeria. 2 Guesses in this case: either the pilot was unconscious or he leaned on the throttle. I have matched on trothle of an automatic car sometime thinking my leg was on the brake. One reason I prefer manual today. Such errors are possible.

no mind that guy

Skepticus:

Where all the Ndi "Saner Climes" critics of Nigeria.
Inefficiency and accidents are not restricted to Nigeria alone.

look at this one

Skepticus:


And the level of poverty, most of them battle with, in their private lives can't be described.

Have you ever seen any of these NCAN donkeys tagged as successful?

Better blend with the rich, successful and famous regardless of their background instead of locking yourself in the jail of ethnic and religious hate that leads nowhere.

you got that right