₦airaland Forum

Xisnin:
You seem to be confused as to the meaning of "protection" in business or trade contracts.
Only a fool will sign an agreement to protect what it can't.
Protection clause is binding on the government, not the criminal citizens.
The contract remains valid until the SA or Nigerian government unilaterally
interfere in each other's investment.

Are you saying that the government of both Nigeria and South Africa were foolish to have signed such agreement.

"Protection clause" requires the government of both countries to safe guard the lives, properties, assets, businesses of citizens and foreigners against physical attacks, criminals and forseable harm that are not induced by market forces.

The government has a responsibility to enforce laws and discipline against citizens and foreigners that operate crimes, illegitimate businesses and violate the laws. The law enforcement agents of South Africa government ignored the attackers and their victims, in some cases, as if nothing happened. The police pretended that nothing was happening indirectly encouraging it.

The Minister of Foreign Affairs in South Africa justified xenophobic acts by demonizing the targeted foreigners.

Honestly, I will support any attempt of Nigerian Government to nationalize the assets of South Africa if the government of South Africa continue to support and justify xenophobia, incite their people against foreigners, tolerate xenophobic crimes, attack and jungle justice treatment of foreigners.

KekeNash:
Our government failed us long ago, mob justice seems to be working, you want something to be done, do it yourself.

My dear, the world has moved beyond jungle justice. We are not animals or "stone-age" people.

chinchonglee:
U guys shuld stop confusing standard bank group to standard chartered.

1. Standard Bank Group re d financial investors from South Africa while Standard Chartered Bank is an English Bank from England.



2. Now back to the matter Nigeria doesnt av Enough Multinationals to start not to talk of the one South Africa will Nationalize. In dis deal, Nigeria is the loser.

Thank you for the information on extract 1. That means StanbicIBTC should be on the potential list for Asset Nationalization, not Standard Chartered Bank.

On the extract 2.: You are less informed about Nigerian multinational and bluechip companies because you don't research and they don't operate in your country.

ednut1:
has no correlation. The nigerian businesses here are mostly small ones by people with no papers self. So e no follow. A dangote would have agreement with SA not a chukwudi in soweto slums

Oga, the reason most Nigerian multinational companies and blue chip companies are not investing in South Africa is because South Africa doesn't have the population and potential market to drive the income they could anticipate.

Nigeria and West Africa at large is a better market to target than South Africa. That is the reason even South African companies prefer to operate in Nigeria and West Africa.

chinchonglee:
How many multinationals re owned by Nigerians in South Africa

The question that should occupy your mind is: why are your South African multinational companies like MTN, Multichoice, Standard Bank (StanbicIBTC) etc concentrated in Nigeria than even your country.

The annual income MTN generates in Nigeria exceeds the annual income of every other MTN subsidiaries put together, including that of MTN South Africa.

The same can be said of Multichoice operating DSTV and GoTv in Nigeria.

Why are these companies not stuck with South Africa, creating more employment and income for you in South Africa?

Nigerian businesses in South Africa include the petty groceries and shops, in your streets, that are owned by Nigerians, if you get their aggregate then you may begin to understand their significance and contribution to your economy.

KekeNash:
what investments? Nigerians owns copy shops here, where they do their scamming work. They don't even pay tax, there are no Nigerian companies in SA.

Idiot, I said "businesses" not companies - any Nigerian business man running a "copy shop" or whatever you wanna call it, that generates income, is a Nigerian business.

As per taxes, the failure of South African Government to tax the Nigerian businesses should be primarily the government's fault. The enforcement agents should be deployed to get every businesses, citizens and residents to pay taxes appropriately.

If Nigerians do "scamming work" as you put it, let the law take them up not you people who are also looters, thieves, killers, opportunists and haters conducting jungles justice on the "accused" Nigerians.

Did South African Government protect Nigerian investments in South Africa. The answer is obviously "No". I think the agreement has been violated already by the SA Government.

Nationalization of the assets of South Africa in Nigeria is a regretable but possible option. We must hold South Africa government responsible for their actions and inaction.

My notes on this development:

1. The Britons and Americans are also fraudsters. Their fraudulent approach is simply more sophisticated and legally insured compared to yahooyahoo. They allowed their courts to be used to undermine and attack another sovereign nation.

2. Buhari is still inept, incompetent and uninfluential among the committee of nations. It was also noticed at a number of his foreign trips.

3. Whether Nigeria is sued inappropriately, robbed of funds or exploited as a nation, I don't care especially because the government doesn't cater for me or my immediate family.

4. The government has been fu..cking the nation; left, right and centre, now you expect me to give a fu..ck.

JimohMomoh:
Good one, part of my suggestion in the other thread.

To those suggesting attacks on Shoprite, 99.5% of the workers there are Nigerians, the mall housing the supermarket is mostly owned by state govt or private Nigerian investors, there are also Nigerian shops inside the mall.
MTN Nigeria is now like a franchise, majority of shares are owned by wealthy Nigerians according to Nigeria Stock Exchange.
Nigerians also have a major stake in Multichoice the owners of DSTV. Workers in DSTV Nigeria are almost 100% Nigerians.

We will only hurt ourselves and relatives if we burn down these companies.
Nigerian Government needs to acts now diplomatically, sanctions should be placed on SouthAfrica, high powered delegation should be sent to SA to provide relief materials to Nigerians affected and meet with the Nigeria community over there.

Stop lying, majority of the shares of MTN Nigeria isn't owned by Nigerians.

WaywardSon:
His Russian gf has him roped around her finger it seems.
I hope he has good financial investments.

The way she's influencing his decisions is dangerous
One day she may leave him, She's an Oligarch's daughter so the kids would stay with her and he might be shut off. Or worse left broke

I don't really think it is about his wife and kids. He must have considered and discussed that before joining the club.

The issue or obvious challenge is that Mikel has gone past his good days in football. He is done obviously and the club made a gamble with the decision to sign-on Mikel.

He got a yellow card yesterday for committing a foul in the box 18 and the opponent got a penalty that they scored. The manager removed Mikel almost immediately, I think the club is disappointed in his performance and what they see at training so far. I guess all that is getting at him.

punisha:
Better than ur deadbeat dad who didn't know condoms are cheap ba?

You lack manners. Why bring his dad into the matter you are both arguing, contesting or discussing? Why should you insult his dad who is unaware of your fight?

LORDKing001:
Ebira same tribe with Yahaya bello d seating Governor

I see your point. I think she wants a negotiation with the Yahaya Bello.

LORDKing001:
Wrong party party and her ethnicity will deny her the exhorted seat

What is her tribe?

No!

Once the war against Bobrisky goes full-scale, a lot of Nigerians will become cross dressers, confirmed gays and lesbians so they can have an opportunity to file for immigration amnesty.

McXponent:
Many times when you're broke and have to attend church service, of which so many believers won't go to church purposely because of that.. You were served the offering envelope by the ushers but because you have nothing on you to put into the envelope as God is your witness.. Is it right for you to return the empty envelope into the offering box like that as if something is inside to avoid shame or you rather not put it there at all or not collect the offering envelope from the ushers at first?No

So is it a sin to return it empty?

Opinions of intelligent nairalanders are needed here.. Let's learn.

#McXponent
Thank you.

It is not a sin provided you don't have offering to give but you were given an envelope, you can return it back to the offering bag or basket.

mondayaudu:
Haven’t you noticed that almost 90% enterpreneurs who made a mistake in business and lost their money came back stronger and become richer? Mistake happens but resilience is the answer. No one is castigating people with paid job here but the issue is that most of these workers believe their job is permanent like they own the establishment. The moment they are sacked, they go back to business unfortunately 95% of them fail at this stage because of wrong motive. Read about micro entrepreneurship, it will help you Sir. No one said he should have resign and start his own business. What we are saying is that, they are so many business he would have executed with almost zero risk but he didn’t attempt it because he is kind of visionless.

It is easier said. My experiences has indicated that some people are not entrepreneurs, even if they try, they will keep failing.

It is important to discover what your strength and weaknesses are to enable you plan for successful life. I am an entrepreneur but my wife struggles with it. Some of my friends can't even try it.

desvi:
you have made zero sense

He made more sense than you did.

zeb04:
“Your family sent a letter by court asking for divorce “ is the problem here. After 2 quarrels?okay oh.

Who is depressed now, abi are you guys sharing in the depression abi it is only to issue letter y’all know.

Shut up and pass if you have no sensible contribution.

Thermodynamics:
That's what they do.
Nigerian women, selfish people.

All Nigerian women are not selfish. Stop generalising.

GrabHisBalls:
Blame your brother. I thought most of you go by the mantra "Make money and you'll marry any woman of your choice?" the moral lesson in your story is that a lady could love your money and not love you. That was exactly what played out and crashed their marriage.

Secondly, his inability to invest. If he had invested part of his salary, he won't have had reasons to fight over 200k 'cause I am sure he was giving her more than that of which she never accounted for. She realized he wasn't doing so well, so her reason for the disrespect.

You and a number of ladies responded to this story like inexperienced adults or babies.

Have you not seen people that invest and lost their investment. Don't you know some people can't even be entrepreneurs.

You must understand that challenges are part of of life. As you grow older, you will realize that we can never really avoid challenges, we simply have to face them and manage. That is life.

wellmax:
Nigerians are very bad with English.

Somebody will tell me now that it's not our language.

Why don't you type and communicate in your mother's tongue.

I assume you are not Nigerian. I see a lot of good English written by Nigerians so I would rather you don't generalise your statement.

successmatters:
Moral of the story, never lose your job.

So, you have never lost your job.

Now, that is how star do!

Prece:
3500

That is low, I expected about 5,000mah

bixton:
Well, we are all waiting for the legal persons to show us the falsehood in his documents or whatever forms he must have filed. That will not be difficult to establish by them but we can't do that on social media because of the information floating over the internet.

Yes, we will see.

bixton:
If they are learned as you say, our judicial system will not be in the mess it has been since after the war.

Unfortunately, that is the challenge with law. The legal and learned persons interpret and misconstrue the laws to suit their clients or do their bidding sometimes especially where the law is vague, unspecific and not explicit.

The major challenge that the President has in this case is the fact that his filing of documents and filling of form has a caveat in form of an attestation which is also tantamount to an affidavit which he signed on the form.

Hence, any information or document provided by him that is proven to be false, incorrect or misleading can be used in the court of law against him.

bixton:
Which people do you refer to as learned?

In this context, I refer to the lawyers and judges.

bixton:
Please point the section of the law that speaks its opinion...........
Can the law interpret herself?

Please if you know the section of the law that requires that kindly quote it.
Thanks.

Please read my comment again and get a better understanding. Interpretation of law is done by learned persons.

bixton:
...sentiments apart, certificate is not sure proof of one having attended school and seek education,
..in most instances one needs the testimonies of fellow colleagues to prove that.
....most persons attended school but left along the line.


The case against PMB was to make him provide his certificate by any means.
But based on the constitution and INEC laws, for such office, one has to prove that he has received formal education to a certain level.

Technically and non, this case against PMB is a waste of time and money by the opposition. The same man Atiku aided to become president knowing fully well he does not possess a certificate and he is in turn wants to remove same person!,!!!!!

I don't see how it plays out in his favour by any means.

That is your own interpretation not the opinion of the law as the learned persons interpret it.

Jchi9876:
Wait till the tribunal throws out that part of your prayers

Same way the Cameroonian Atiku will wail till he drops his presidential ambition

Na you go shame lastlast

Jchi9876:
Get the off my mention you speaking grammar and know nothing about the law.

When he contested the 3 times before now there was no problem with certificate na now una IPOB pigs eyes open

My friend go sit down for dirty

Your manners are obviously lost. Tell me about the poor law that you know idiot.

The fact that he contested 3 times without anyone raising the issue does not justify it or make it irrelevant at any time it becomes an issue.