₦airaland Forum

BlackViper:
This only covers the financial statements of five of the biggest companies in Nigeria:

MTN Nigeria, Dangote Cement, Seplat Energy, Nestlé Nigeria, and BUA Cement.

In other words, the biggest companies with the largest market capitalisation and the necessary liquidity to survive sluggish economic growth are the ones being highlighted.

Hundreds of small to medium sized companies continue to go out of business and those that don't are operating well below their capacity utilisation.

Give us your verifiable data and stop blanket statements. Experts must discuss like experts. If you are not one of us stay away.

Silasworld:
This is the kind of countries that rewards hardwork

And you work for it. Not like in naija where someone will be on personal calls all day while on duty.

geoworldedu:
If they can live up to the task, it is a welcome idea. Tinubu must not be allowed to continue this disaster. Anybody else can step into power abeg.

Anyone else whether good or bad abi? And you claim that you are fighting for Nigeria. What you are practicing is pure hatred. Nothing more.

franchasofficia:
This should be the main focus of all opposition figures; how to stop election rigging to at least 80%.


APC's only hope of holding on to power is through massive rigging using state-backed mercenaries.

And the opposition will not rig? Dey there de play.

omoredia:
Asking people how much to donate is compelling and unscriptural. Read your bible

Go and start your own church and practice it in your own scriptural way. I was there and it was amazing. I saw the need for what daddy asked for. Certainly mine and family money will be there. We are Redeemites.

lexy2014:
is this man the chairman of efcc or is he a story teller like David Hundeyin?

if he is the chairman of efcc, why is he not arresting these politicians?

My friend this job is very frustrating. Our legal system has too many loopholes. Buhari came thinking it was the military era where tribunal will declare judgement in months but he confessed that our political and legal system frustrates fight for corruption.

ogascomax:
This guy always bring update but end up doing nothing. The last time he said that they are hiding stolen or looted funds in assets now this. Mr EFCC chairman show working no be Cho Cho Cho every time. When he reach yahoo boys you guys dey have erection.

Fighting corruption in Nigeria is the most difficult job. Public office holders device various ways, use all manner of connections, offer irresistible bribes, manipulate the legal system and in worst cases threaten lives. For all the money in world I will never accept this job.

Tonitoniton:
Above all, tinubu must remember that it is only God that can make kings and not man. THE HORSE IS MADE READY FOR DAY OF WAR BUT VICTORY BELONGS TO GOD

This quote should apply to Obi too in his desperation for power. Indeed it should apply all of them with no exception.

Kukutente23:
I thought the reason why Wike was fighting and destabilising PDP was because of the presence of Atiku and his ambition.
Now that Atiku has left the party what or who is Wike fighting again?
As a loyal PDP member, shouldn't he be strategizing and positioning the party to present itself as a formidable opposition to take power in 2027?
The man has obviously sold himself out to the devil and is now beholden to those he sold himself to

It will be a tall order for PDP to think of taking power in 2027. The best bet is have a deal with APC. Adopt our presidential candidate and we will support your gubernatorial candidates in the states that you presently control. Wike is the one to get that deal for them.

jmoore:
Lagos has APC governor, Tinubu was former governor of Lagos. But Obi defeated him in Lagos.

But you guys claimed that Tinubu rigged the election. So he couldn't rig Lagos State? His domain? Can you see how lies are exposed?

PlasmaTV:
Lol
Same man who said "na statistics we go chop" has now employed his stooges to pump unrealistic statistical figures into the news.

Interesting times.

The Obi's statistics are always fake and faulty but you can always verify this from the Nigerian stock exchange.

iwaeda:
The truth about stock market is that there is always a boom, when economy down turn increases, because only place for rich to invest. How many people on nairaland.com have shares worth N2m. Enjoy the propaganda, they may even tell us rain falls because OTP is here.

People are busy making money but people like you out of ignorance are fixed on how much is bag of rice, garri and basket of tomatoes etc.

FreeStuffsNG:
They are a dying tribe
They have not learnt their lesson. Only pooling resources to build , operate and supply your own channels can keep their heads above water. The game is up.

Most of them are in serious debt and struggling to compete only out of ego. In few days time, Dangote Refinery will launch its 4,000 CNG-powered trucks to directly deliver PMS to outlets so while they are waiting for PMS that's still on the high seas, Dangote Refinery and the other local refineries have serviced orders and cornered the market. Lobatan.


NIPCO Plc, umbrella body of independent marketers, was buying hotels everywhere when it was swimming in profit instead of building refineries. Smh. They should use their hotels to refine crude nah.

They lack visionary leaders but rich in very narrow business-minded leaders.

Don't mind them and thank God for Dangote. If Dangote refinery didn't come on stream importers wouldn't have lowered their prices. Now they are forced to.

Kukutente23:
Where did you read that Kyari stopped the contracts because of shady deals? Kyari is suddenly a saint

I didn't say that Kayri is a saint. It was said there. Read it again.

AMINDA:
Why is Tunubu this paranoid about opposition and what's with the vendetta against people whom he feels have affiliations with opposition figures whether real or imagined? First was the news about one Ms. Achimugu, the alleged mistress of Sanwo-olu whom they accused of funding Atiku and is now facing trial. That also caused some bad blood between him and Sanwo-olu for a while. Before then, was the constant hounding of Dangote and his refinery for allegedly funding opposition. Now it's Ojulari and his business ties with Atiku's son-in-law. One can hazard a guess that the hostile takeover of Rivers, Delta and Akwa Ibom were done to cut-off perceived sources of funding for opposition. It's becoming paranoia at this point and it's pathetic for someone who obviously got some level of funding from businessmen like Tony Elumelu and Co.

Did you read where it was written that Kyari stopped the relationship because of certain shady deals? Why should it be the earliest action of Ojulari? Who is that person that will directly fund a known enemy. I used the world enemy rather than opposition because the way Nigerian opposition operate is like an enemy. The steps that Atiku took even before PBAT was sworn in and since this two years has been like an enemy and not an opposition.

If Atiku or Obi is the president and PBAT takes these steps would they for any reason fund PBAT directly or indirectly? In the history of Nigerian politics this is the first time that a president will be in office for only two years and heavy politicking will take place two years ahead of election.

Mrfixitt:
Only a an incompetent fellow thinks that a country like Nigeria can't experience turn around in 4 years. Not everyone will be a failure like Tinubu

When you quote for a world Bank assisted project the job is not given to the lowest bid but the lowest responsive bid. A bid may be low but not responsive. A responsive bid is a bid that can be lowest but must not be below the estimator's valuation of the cost of delivering a quality job. If it's below the estimator's valuation it's called none responsive bid.

A none responsive bid means either that the bidder has no good understanding of how to deliver quality job as specified or he just wants to get the contract, take whatever he's paid and disappear. It shows that he has no clear understanding of what the job entails.

By the enormity of challenges of turning Nigeria around politically, economically, structurally etc. any bidder that wants to rule Nigeria for four years only and promises to deliver accordingly to specification is a none responsive bidder. You can draw your conclusions concerning Obi's promise.

Penguin2:
INEC has recognized Nenadi Usman as the authentic chairperson of Labour Party based on Supreme Court judgment which is final.

INEC is also likely to accept candidates from Nenadi Usman supervised congress.

Peter Obi is now fully in charge of the Labour Party.

I was telling some Agbado people here but they chose rather to excite themselves in ignorance and I let them have fun.

Obi is coming!

So Tinubu is no longer controlling INEC? APC now loves Obi for allowing him to take control of LP? INEC chairman is no longer Tinubu's stooge? Very inconsistent.

Goodlady:
Nigerians o.
Dango remember ya country men. Try them for two years and see the difference.

A global business to apply trial and error? This isn't government appointment where sentiment is the rule.

AMINDA:
No, we won't. We don't have to. But you can collect your commission and go your way. At least everyone agrees on one thing, that Tinubu has failed. It's just a matter of whether or not to allow him continue inspite of the failure.

He made a valid and sensible point. Let the opposition provide clear alternative course of action. Let us examine them and make our choices. It shouldn't be about power grabbing and hatred. You might be surprised that they have nothing better.

Some of them want power but they don't know the complexities of Nigerian politics. Some of them might be overwhelmed by a simple process of forming a cabinet. Buhari thought that it was a military regime. You saw how difficult it was for him. So many competing interests.

ArcSEMPECJ:
Which Governor....lols 😂😂😂😂

A Governor that has defected..

I ask you again, where is Apapa today in L.P Why is he not going to court again and performing dramas again in the party
He has done the bidden of the master and has collected his share of job well done...

So tell me why they won't look for the Party National Chairman of ADC as well ?

People that brought in fake bishops and said they are from CAN while CAN couldn't recognize them...lols 😂😂😂

So many to mention, so I don't doubt the man at all...

So you truly believe that if PBAT wants to buy over that unknown Nwosu that he can't get him. If you believe this then you can believe that the devil is Jesus.

Check the history of my brothers in Nigerian politics are they not good at playing the spoiler role? From Babagida to Abacha to Jos PDP convention that made Ekwueme to lose to OBJ.

Bentacur007:
I told you Apc are very afraid of the coalition
They are not comfortable anymore because they didn’t expect it at all
Nigeria will be great

Is SDP a coalition? The officer involved came on a national TV station to announce the expulsion. Any party that has internal problems will easily label it APC. This is the new sing song of Nigerian politics.

ArcSEMPECJ:
What does Labour party have before Peter Obi came to the party
And why was there violence, uproar in the party in his arrival
Do you still remember Apapa, the one you called your National Chairman of L.P......where is he now in the party

They want to turn Nwosu to Apapa but they didn't check the name and tribe, while one can betray, the other can't....

Ezi okwu .... The man is lying jor. Atiku has paid him off. Labour party had a governor before Obi joined. Tell me what ADC has?

AMINDA:
Kudos to you, Mr. Nwosu. In case anyone is wondering how all those multiple factions in all parties arise, the 360 degree switch of loyalists of other opposition leaders, the announced suspension of leaders from other parties out of the blue, the "endorsements" from unlikely quarters, etc, wonder no more. APC have looked at the numbers and seen that the only way they can win this election is if they are the only ones on the ballot. They are breaking the Nigerian treasury to buy-off any and everyone with a price.

What do you expect him to say after being paid off by Atiku? Is it not laughable that the government will be offering ministerial slots for mere usage of one obscure party when the same individuals can use another party if he refuses? I knew that he was lying when he began to claim state governments and legislatures that belong to the party when there is none.

After having cashed out he had to say something to justify and blackmail.

So this man keeps records of monies that he gives out to support charity. This shows that he is not giving them for altruistic reasons. Have we ever heard of the amount the late MKO donated in a particular period? In my own little way I support the needy and good courses but I don't have records.

Once I begin to keep records then I'm no longer altruistic and it's for publicity.

wunmi590:


This is cpmming from the FG, when the same president just have the super falcons dollars 💸 instead of giving them in naira..

You guys are not ready yet

Did the president say that he's giving them dollars? No wonder it's easy to manipulate Nigerians.

Borrow2222:
Stop the nonsense talk guy. The government has all the tech needed to tackle fraud in any poverty alleviation programs they start.

In other countries, there's universal credit, social security welfare - And also tools designed to prevent fraud.

But in Nigeria, they'll launch a poverty program, and instead of reaching the people who really need it, they'll hand it out to their cronies.

When it fails, they'll blame the masses, and people like you will eat it up.

You got genuine farmers in your village - did any of them benefit from these scam programs?

First you must learn how to talk without insulting. It's a mark of decency and good exposure.

Back to the topic. Records have shown that programs set up by governments one way or the other were abused. Good examples are NDE, scholarships, bursary awards, ABS from cbn, microcredit schemes etc. I have been privileged to audit some of these and I can tell you first hand that Nigerians have the tendency to abuse. This is not to exonerate the politicians and government officials. We love to cite good practices in other nations but are we like them?

The percentage of Nigerians that will have opportunities to defraud but refuse is very low. This is the hard truth.

TUCHELseaTeam:
What do you expect when you don't put your feet down and fight corruption?

Can he even do anything when he himself is the pillar of corruption?

Are you not corrupt? You are ready to cut corners so long as it's convenient. How many will people in government fight when the foundation is already destroyed?

Racoon:
So the sanctimonious Buhari under whose watch unbridled corruption engulfed this nation was also not aware his social intervention programs were riddled with unimaginable corruption? Not when the minister of humanitarian affair was a baggage of purifying corruption.

Why is everyone of these Buhari's rudderless and impactless govt tryin g in futility to exonerate him by whitewashing him for who he never was?

You didn't talk about the character of the average Nigerian. Every government intention is manipulated and becomes tools of corruption. How can a people progress with this mind set? SureP, DRFRI, NDE, fuel subsidy etc. all good intentions but destroyed by the corruption mindset of average Nigerian. Nigeria needs total cleansing not only within the political class but character of the average Nigerian.

AMINDA:
Governor Sim Fubara of Rivers state and Governor Adeleke of Osun State with his withheld local government allocations will beg to differ with you. Even Governor Sheriff of Delta and his Godfather Okowa with the EFCC Sword of Damocles hanging over his head will beg to differ with you. Ex-Governor Yahaya Bello, the new born-again will beg to differ with you. But the APC should remember that you can't force people to like you. You can't buy love and neither can you copy respect.

What do you have to say concerning Alex Oti and Soludo that have always spoken well of the president? The truth is that all governors know that they have never had it so good under any other president. He has made governance easier for them by so much liquidity. If you are one of them would you rather experiment with untested hands?

Sirianese:
Baba done received heavy alert, just like Fayose

Anyone that speaks for don receive heavy alert and anyone that speaks against is a saviour. Continue.

Edoreborn:
Mr man,,its not for you to tell us..we will take that decision..

But coalition is telling you and you are listening then why shouldn't he tell you. Is there no freedom of expression?