I guess I didn't answer the question!

There's no way I'll give in right a way to a child that wants to study anything that I feel is a waste of the child's potential! Am I a typical Nigerian? Yep, and I'm unapologetic.

In today's world, I feel every professional should have some foundation that allows them to converse with or, at the very least, understand the technical crowd. Technology will very much control the future and will determine who leads and who follows. There's nothing wrong with following someone else’s lead but I have a problem with someone capable of being a leader lazily settling to become a follower.

For a first degree, I will bark at anything that’s not science, technology, engineering, or mathematics. For a second degree, the child can go study whatever he/she likes even making pottery. But I can almost guarantee that his pots will be second to none.

A child of mine that refuses to go to college will get written off and ignored. That’s how strongly I believe in education.

People don give lawyers bad name o! Lawyers are not necessarily liars; they’re just good at discerning facts and creating reasonable doubt. You guys should be in awe for it takes a truly skilled person to get someone caught red-handed, with blood on their hands, off.

On a more serious note, engineering should be encouraged because 33% of the S&P 500 CEOs' undergraduate degrees are in engineering and only 11% are in business administration. There must be something about those who studied engineering that makes them more likely to be CEOs than any other degree or is it the degree itself? Either way, having a first degree in engineering will likely lead to success.

More interesting stats about CEOs
- Less than 10% of top S&P 500 CEOs received degrees from Ivy League schools.
- All the CEOs of utility S&P 500 companies possessed bachelor degrees, making them the most highly educated group.
- The functional role that led to becoming a CEO was most commonly finance at 15%, followed by general management at 9%.
- Printing and publishing companies had the least educated S&P 500 CEOs. Only 91% held bachelor degrees.
- 60% of the CEOs in this IBM study cited creativity as the most important leadership quality. Fairness and humility came in last at 12%.
- About 60% of a CEO’s time is spent in meetings.
- CEOs spent 25% of their time on phone calls and at public events.
- And only 15% of their time was spent working alone.
- CEOs spent 42% of their time with other employees.
- Among outsiders, CEOs spend about 4.7 hours per week with consultants and only about 1.3 hours with suppliers.

http://www.businessinsider.com/ceos-majored-in-engineering-2011-3?op=1

Shina Balogun: Ok. I will take $1 million and do the following:
1. Incorporate a private equity fund management company with C.A.C
2. Recruit 2 staff with minimum experience in investment banking, venture capital and business turnaround to run the company
3. Float a $10 million private equity fund that will invest in Nigerian SMEs with financial challenges and huge potentials for growth if strategically managed and funded.
4. The fund will deliver 20% returns on investment to its investors per annum.
5. The fund will conveniently repay back the original $1 million and interest as at when due.

Thanks for the opportunity Wallie.

Nice first attempt BUT…
1. How do you intend to get partners to fund $10 million fund somewhat long term or are you thinking LBO? If LBO, which bank will lend you $9 million to invest in unknown companies?
2. 20% ROI sounds very good on paper but can you name 3-5 SMEs that will deliver such return?

Daimler AG (DAI) investors value Mercedes- Benz at half what Bayerische Motoren Werke AG (BMW) is worth as Chief
BMW’s market capitalization has surged to 45 billion euros ($58.8 billion), versus 42.2 billion for Daimler. Subtract a reasonable price for Daimler’s truck business -- the world’s biggest -- and the value investors assign to Mercedes stands at about 25 billion euros.

“The market is saying that the prospects for Mercedes are much worse than for BMW,” said Hans-Peter Wodniok, an analyst with Fairesearch in Kronberg, Germany. “The market’s always right. In terms of innovation, BMW is the leader.”
Lagging growth in China, sluggish expansion into popular segments like compact sport-utility vehicles, and an image that lacks appeal for younger drivers have hindered Mercedes, allowing BMW and Volkswagen AG (VOW)’s Audi to widen their sales lead in the luxury segment.

The growing gap comes a year after Zetsche, whose current contract expires at the end of 2013, vowed to almost double deliveries to 2.6 million vehicles by the end of the decade and regain the top spot, which Mercedes ceded in 2005.
The push has gotten off to a rocky start. Zetsche postponed a longstanding Mercedes profit goal in October, putting the target at least four years behind its original schedule. After earnings slumped this year, Mercedes initiated a drive to cut costs by 2 billion euros by 2014 under a program dubbed “Fit for Leadership.”

BMW Bid
BMW’s surge has overturned the historical pecking order in the German auto industry. Daimler, which tried to take over BMW in 1960, had a market capitalization 15.5 billion euros higher than BMW’s just two years ago. Today, assuming a price of roughly 20 billion euros for its truck business based on comparisons with rival truckmaker Volvo AB (VOLVB), investors value Mercedes at 22 billion euros, or less than half BMW’s worth, according to Bernstein Research.

“The market’s confidence in Daimler management is pretty much at rock bottom,” said Max Warburton, a Bernstein analyst in Singapore. “Investors have little or no confidence that current management will be able to do what is necessary to close the gap to BMW.”

Brazil Factory
Unruffled by the debt crisis in Europe, BMW continues to expand, planning a new factory inBrazil and readying models for 2013 like the 4-Series coupe and the electric-powered i3 city car. Through November of this year, BMW sold 1.39 million vehicles versus 1.19 million for Mercedes, widening its lead to 193,400 cars for the period from 115,700 a year earlier.
BMW booked 6.41 billion euros in operating profit for the first nine months of 2012, 112 million euros more than Daimler even though revenue for the Mercedes parent was 28.2 billion euros -- 50 percent -- higher.

[b]“BMW earns more with just cars than Daimler does with cars and trucks,” [/b]said Juergen Meyer, a portfolio manager at SEB Asset Management in Frankfurt, whose fund owns shares in both automakers. “For us investors, profit counts.”

Since Zetsche took over as CEO in 2006, Daimler shares have slipped about 10 percent while BMW’s have surged 89 percent. BMW, based in Munich, trades at 9.1 times next year’s earnings, versus 8.3 times for Daimler, based in Stuttgart, Germany.

Automaking Roots
About 68 percent of analysts rating BMW recommend buying its shares, compared with 40 percent for Daimler, according to data compiled by Bloomberg. The average price target for BMW stock is 75.70 euros, 6.9 percent more than yesterday’s closing price, while Daimler is seen as having potential to rise 3.1 percent over the next 12 months to 40.88 euros.

Daimler is moving to catch up. Next year, it will overhaul the Mercedes S-Class flagship and introduce the CLA compact four-door coupe to attract entry-level drivers. The manufacturer pressed ahead with an exit from European Aeronautic, Defence & Space Co. (EAD), the parent of plane manufacturer Airbus, as part of Zetsche’s efforts to focus Daimler on its automaking roots. It is also deepening cooperation with Renault SA (RNO) to cut costs.

“We have very clear strategies for all our divisions focused on both growth and efficiency,” said Florian Martens, a spokesman for Daimler.

To revive growth in China, where Mercedes has lagged BMW and Audi, Daimler this week appointed Hubertus Troska to a new management board position to oversee operations in the world’s largest car market. As part of the effort, Daimler is combining two separate sales units -- one for imported vehicles and another for locally made cars -- into a single entity.
Audi, the luxury-car leader in China, can draw on Volkswagen’s resources in the country to expand. And BMW opened a new factory in Tiexi as part of a plan to quadruple production to as many as 400,000 vehicles in the country.

Nonetheless, the potential of the Mercedes brand in China is “ overwhelming,” said Yale Zhang, managing director of consultancy Automotive Foresight in Shanghai. “Every consumer understands the value of Mercedes and the logo.”

http://www.bloomberg.com/news/2012-12-14/mercedes-valued-at-half-of-bmw-as-zetsche-loses-investors-cars.html

Not surprised at all! Mercedes needs a leader with strategic vision.

Logicboy03:
This I can agree with

To bring my argument full circle, religion is not the problem but people's failure to adhere to its teachings.

Logicboy03:
Your last sentence makes the wrong assumption that religious teachings are good. The bible has been used to justify all kinds of evil. An evil christian is not a hypocrite. A slave trading christian is not a hypocrite. A misogynist christian is not a hypocrite.

As for your other points, I am not the one attacking religion, rather religion is attacking me and i am counter attacking. Religion holds a privilege it should not have in the society. eligion shuld not be govt funded and blasphemy laws should never exist. No relgion or human has the right to be offended. Human rights do not apply to religion unless it is libel or hate speech and it is towards humans.

If I say that Allah or Yaweh are fools, itshould cary the same consequence as saying the tooth fairy is a fool

As far as I'm concerned, you can say whatever you want unless it is against the law. The problem you will run into, by being in the minority, is that the laws were created by people with religious leanings. The day you become a majority and can influence the laws as crafted, then maybe the traditional religions won’t have as much influence as they currently do. For example, people in a few states in the US legalized homosexuality and smoking marijuana, and that only happened because they had the numbers to change the laws.

There’s no doubt that religion has been used in the past and currently to justify all kinds of inhumane actions. The truth is that politics influences religion and religion serves as another “thing” that can be used to separate “us” from “them”. Pastors use it and so do imams.

It is not until we evolve as human beings and truly understand the basic notions of wrong or right that we can free ourselves of rogue pastors and imams. And this is one of the ignorant aspects of how we practice religion.

Logicboy03:

WRONG


1) Morality existed before religion and morality has nothing to do with religion.

2) Abrahamic religions contain myths that are detrimental to the black African
- We are not descendants of people with Jewish Names (Adam and Eve) our history predates that
- The Abrahamic religions teaches us that all God's prophets were from the middle east. Were Sub-Saharan Africans and South Americans not good for God?
-The Abrahamic faith makes us to accept Jewish and Arab traditions over our own.


3) Abrahamic Religion destroys the notion of morality. I help the poor because it is good and not because Yaweh or Allah says so.

4) Religion gives answers that no one can question. Science answers questions.
-What gives the Quran the right to tell me who I can and cant marry? That I cant marry my muslim gf?
-What gives the Bible the right to condemn homosexuality?
-Where is the evidence that God created the world or the big bang?


5) The most peaceful countries in the world are mostly secular countries where atheism is on the rise. Religion and peace have a negative coprrelation using the peace index

Japan, Iceland, Denmark etc.

1. Sure it does for believers of Abrahamic faith. Their religion stipulates that certain things are immoral and that’s their belief not yours. You are free to believe whatever you want; it is a free world after all.

2. Ok. Why’s that your headache if you don’t believe in the religion?

3. Good for you but it is none of my business why you do what you do.

4. Well, no one will question your belief in the Quran or Bible and it should be no one’s business. That’s your prerogative and headache BUT you not following the law as laid out in statutes will land your behind in jail.

5. Your interpretation of world events.

It seems you’re trying to draw me into a discussion about atheism and I’m not really interested. I’m way too evolved and certain of my own belief that I don’t need your approval or disapproval. My belief is my belief and yours is yours.

I'm more interested in why people choose to ignore their religious teachings, whatever it may be, if they're truly religious; hence, my focus on hypocrisy.

senbonzakura_kageyoshi: Look, religion is like the law. Look at all the laws we have in this country. So many of them are actually good, but between the people who break the law and the people whose responsibility it is to uphold the law we have two sides that have a law but refuse to respect it. So the law isn't the problem, but the defenders and those it is binding on.

A lot of religions do teach good things, just that the people who are looked up to for religious guidance deliberately misinform their followers for their own personal gain. Look at it this way; if religion were the problem, how come we have christians who would take the shirts off their backs and give it to a homeless man out on the street? And at the same time, another christian would take same shirt away from same homeless man. Aren't they both christians? If religion was the basis for behaviour or actions, then they should both do the same thing, right?

Again, the people are the problem, not the religions. Those that put the blame on religion are either ignorant or in denial. Even if your religion did preach that embezzling money is good, would it come and force you to embezzle? If you know the right thing, then do it, religion or no. Religion has never forced anybody to do anything. People force other people to do stuff and that's the simple truth.

Reason why I said the legal enforcement of the laws is the real issue. Pastors and Imams will try to save every soul, and rightfully so.

But it is the main purview of law enforcement officers to punish those who break the law. If every looter, robber, embezzler, 419er, kidnapper, molester and killer is in jail or serve jail time as stipulated for the offense they committed, Nigeria will be a better place and crimes will reduce. Period.

However, after seriving jail time, the pastors and imams can then continue to try to save the person's soul.

Logicboy03:

You are an ignorant person. Sorry.


Religion is the cause of many problems in ALL the countries you mentioned. How can you even mention those countries? Are those countries one should be even looking up to?
...

Wrong. Religion is not the problem but people's hypocrisy and ignorance.

If people of Abrahamic faith followed the teachings of their doctrines as professed to them, Nigeria will be a better place. No Abrahamic religion tells anyone to be unjust and all do profess some kind of punishment or karma for sins in this life or hereafter.

However, it is the lack of legal repercussion and the belief that sins can be forgiven if certain acts are performed that makes people choose to sin. But religion does need forgiveness of sins, otherwise, how can you turn a truly repentant thief that already paid his debt to society and now looking for a new direction into the righteous path? If people are forever condemned due to acts performed in the past, what motive will they have to change their ways?

The ignorance aspect includes poverty. People just lose all sense of objectivity and rationalization when it comes to religion and it is usually because they’re poor or in need of something.

The bottom line is that if legal laws are enforced, most of the hypocrisy that’s associated with religion in Nigeria will disappear because the punishment for one’s illegal actions, which includes most sins, will be immediate.

The other aspect included in hypocrisy, morality, should be the only thing religion has to deal with.

Right now, we expect our pastors and imams to condemn looters and robbers; where the hell are the law enforcers? Or did we give our religious leaders some type of power to investigate crimes?

yungboss:
Wallie,
What BMW is that?

...

2012 535i xDrive

Blazay:

What do you have to say to this?

Nigerian politics!


https://www.youtube.com/watch?v=2_eHbzBZPnA&NR=1&feature=endscreen

Is this really Theodore Orji?

The whole thing looks like something you would see in a Nollywood movie! Even the voodoo priest looks like an actor with all the white stuff on his body!

It should be obvious to people with common sense that going to a place with no support system can be very difficult but just because something is difficult does not mean it is invaluable.

The rule about America is that there are no rules or set template to follow before you make it. About the only thing you can almost guarantee is that if you work hard you will live an ok life.

I really don't understand why people are so preoccupied with being rich! Everybody can't be rich...it is just impossible because being rich will then be the norm. For example, the median household income in Maryland for 2009 is $69,272 (N10.7 million) which is considered being rich in Nigeria. For you to stand out in Maryland, you will need to make about 4 or 5 times the median household income.

What people should strive for is an income that allows them to have the basics things to keep their family happy. That might mean having a house, a couple of cars, taking a vacation every year, being able to eat whatever you want, having a few dollars in the bank, and having enough spare change to donate to a charity of your choice.

By the way, Americans that live America, a country so bad that you should stay away from, gave $347 billion to charity in 2011. People willingly gave $347 billion to those seeking assistance for a cause. If this is not a sign of properity then I don’t know what is!

Oh, and since when is getting a mortgage or a loan bad especially when you can get a $300k mortgage for 30 years at about 4%? It seems the OP thinks that if cheap mortgage becomes available in Nigeria most people won’t jump on it! If you buy stuff on credit, at least you will get to own it after you pay off your loans.

Do you really think your Dangotes and Adenugas do not get loans from banks? I think you don’t really understand how money can work for you even at the crazy 25%+ interest rates charged by Nigerian banks! It is all about leverage!

KA24DETT: are you kidding me, I can't believe you guys think that the mpg on dash display is accurate. No it's not. The best way is to fill up your car, check the odometer and drive , fill up your tank. Calculate the miles you drove from your odometer and divide by the gallons of fuel u added.
That's how it's done people. Dashboard display is wrong. Way off . My maxima shows 25mpg and I don't get close to that . I do it the old fashioned way and that's the best way.
Sienna , you know this...

You're conflating issues. The mpg calculated by your car is not 25% off. Go ahead and post a link to the article you cited. You're comparing a car's window sticker mpg to actual driven mpg.

You car's mpg calculation is simply (miles per hour driven /gallons per hour burnt).

Where the discrepancy comes in is in determining how much fuel was burnt in one hour. As such, the mpg displayed in your car is just an estimate but a very close estimate.

Nashville:

I do not know either men so there is no basis for bias. I worked on Wall Street during that period and I can tell you the biggest mistake made at the time was letting a big bank like Lehman Brothers go under. That just created the kind of panic the same regulators later regretted. You talk about Sanusi would just rather get over the consequences and move on. We are talking about a banking sector and an economy, you just dont cause shock and panic all in the name of exposing deficiencies in the system. This is three and half years after Sanusi's intervention and where are we now. The banks are weaker, they cannot lend and they provide little to develop the economy.

Did Soludo know what was going on? Yes he did, you might think he turned a blind eye, but I believe he was trying to manage the situation so that people will still have some confidence in the banking sector. The CBN governor cannot stop Ibru, Atuche and Akingbola from stealing, no he cannot, neither is he EFCC to arrest these guys. Soludo was a professional that stuck to his role as CBN governor. Sanusi was taking all the glory for jailing these people because we just lacked good institutions. It is not the job of the CBN governor to put people in jail. I believe Soludo would have handled things better.

Bubbles come and go, this is not the first bubble and it would not be the last, it is part of capitalism. We have had internet bubble, oil bubble, housing bubble and now may be a gold bubble. Investors will always look for easy profits because of greed and no CBN governor can stop that. His job is supposed to ensure overall stability of the system so that when the greedy ones loose money the wiser ones still remain in the market. What Sanusi has done is send everyone home!

Truth is I didn’t pay attention to Nigeria’s economy under Soludo; I have no basis to judge the guy apart from using common sense in hindsight. I do not know whether Soludo was trying to clean up the sector or not. I’ll be interested in knowing what he did.

If Sanusi did not go after the debtors and bankers that turned depositors money into their personal stash fund, who should? Who else understood what was going on? At that point, the EFCC either had no idea what was happening or they lacked the knowledge to investigate it.

Like I said before, I think Sanusi was wrong for making certain things public when he did because he created or could have created panic. I’m 100% with you on that! There’s also no denying that his method was brute but unlike every other investigation started in Nigeria, we got to the bottom of it! For a change, feathers where ruffled and big man paid.

But the question remains, should Sanusi have cleaned up the banking sector or simply standby and watch the sector cave in on itself or do you not agree that the crash was bound to happen?

I’m glad you have more economics background than I do.

What was the effect, if any, of capital flight on the banking sector a couple of years ago and who, if anybody, was to blame?

Can you also speak to foreign confidence in the Nigerian stock market and how that affected all the recalled foreign loans to banks?

Investing is about understanding the risks involved and when a smart investor can’t make sense of what you’re saying, he will simply take his money elsewhere! Then again, most Wall Street guys didn’t really understand the assets in their mortgage backed securities and they still invested in the billions. So much for not understanding risks!

Here’s an analogy: if Mr A is sick with cancer that is rapidly spreading but went to the hospital for an unrelated sickness. Do you think his doctor that easily recognized his treatable cancer if operated on immediately should tell him to go for a checkup or should the doctor just ignore his unsolicited diagnosis and let him die?

Nigeria had cancer that was rapidly spreading partly due to external forces and I see Sanusi’s intervention as nipping it in the bud before it became full blown. Whether the sadness that comes with knowing one has cancer is worth the effort to save one’s life is a question each individual will have to answer but recognize that our answers won’t all be the same and neither is wrong nor right.

BMW

Nashville: Lots of good posts here, but let's go back to the basics. What is the role of the central banks and what is the role of the banking sector? Banks are primarily to act as deposit institutions and also lend to the economy to support growth. The central exists to ensure the stability of the banking system and implement appropriate monetary policies to stimulate growth and reduce inflation at the same time defend the currency.

1. Banking Lending under Soludo and Sanusi. Soludo wins hands down. Banks became stronger and more capitalised and was able to lend to the economy under Soludo. Since Sanusi came in, the banks have become unable to lend due to various reasons. And please you cannot blame Soludo for banks lending recklessly because it's all part of capitalism. When last did any of you get a loan from a bank

2. Policy Implementation. Soludo wins again. Soludo had clear cut policies that outlined his vision for Nigerian banks. He recapitalized and made them stronger and they could participate in developing the real economy. Some of them even expanded abroad. Honestly since has come up with soo many policies in his reign that you don't even understand what he stands for. A new policy every week and this just scares investors away. So much uncertainty because you don't know what is coming next

3. On defending the currency and inflation, I score it a draw. The Naira has been pretty stable and inflation is still around the same rate

4. Finally on stability of the banking sector, Soludo wins again. Even in trying to clean up the mess he inherited, Sanusi even created a bigger mess. He talks too much and sometimes his delivery just scares investors away. I believe Soludo should have been allowed to clear the mess. He would have managed it better and caused less panick in the system.

In Summary, Soludo is by far a better candidate than Sanusi. And do not say he caused the mess. This is capitalism and the banks messed themselves up with those loans.

The problem with your analysis is that you didn't even attempt to address the root cause of the rot in the banking sector and its effect.

The recession witnessed in America started out of loans being made to everybody with a heartbeat. I'm pretty sure those buying the houses back then were happy and so were those selling the mortgages. Everybody was making a killing including the real estate agents, house flippers, bankers, Wall Street guys etc. I even got into the racket myself as an investor because the returns were too good to be true! You can literally buy a house and sell it in a couple of months for $20k profit.

But what happened when reality set in? Everybody got touched one way or another even those far away in Nigeria that had nothing to do with the domino effect that resulted.

My point is, you can only sustain a lie for so long and will have to pay the consequences sooner or later. Some people would rather wait to pay the consequences and others would rather get it over with. Sanusi would rather get over the inherent problems instead of propagating it. There’s no doubt that Nigeria was living a lie during that period.

Further, what good were under-capitalized banks that can't lend money for any long term project? Do you think 30-day loans can grow an economy? Not everybody wants to import containers from China! 30-day loans won’t build a manufacturing plant or a company like Innoson. Most banks just didn’t have the type of funds needed for long term projects; they were way too small!

Generally speaking, a cursory look at the posts in this thread has yet to show someone taking a honest balanced approach in evaluating both Soludo and Sanusi.

It is a shame when we, the supposedly enlightened ones, can’t get over our biases and call things the way they are! And yet we expect Nigeria to be better?

Redmosquito: [size=13pt]To show the village witches that they have failed[/size]

Second time this week that I busted out laughing while reading NL!

Most Nigerians have a very short memory! I don’t know who is better but one thing is very clear, Sanusi inherited a banking sector in freefall!

Nigeria’s stock market value crashed from N13.5 trillion in 2008 to N4.6 trillion in 2009. Where did all the money go and where did the money come from in the first place? Somebody somewhere lost a lot of money.

What do you think will happen when $57 billion (N8.7 trillion) gets wiped off, practically overnight, in a $400 billion economy?

In one way or another, Nigerian banks were left without a seat when the musical chairs started! They were either directly complicit in trading stocks or lent money to stock traders and companies listed in the stock market. Either way, the end result is the same – bad debt.

Saying Soludo is better than Sanusi based on the banking sector collapse is like saying Bush is better than Obama because technically speaking, things didn't get this bad under Bush (forgeting the fact that he set the whole thing in motion).

However, I believe Sanusi took some missteps like doing things to undermine confidence in the banking sector. Certain things should not have been made public when he did because it could have or did cause a run on the banks. Banking is about confidence and the last thing anybody who has money in a bank would want is for his money to disappear with a bank. Anyone remember the new generation banks of 1993?

On other issues like “firing 50% of the workforce”, “subsidy removal”, “size of government” etc, theoretically, he’s right but theory and reality doesn’t always jive.

For example, subsidy removal sounds good on paper because all the assumptions will happen as planned but in reality, the money/savings will disappear without a single trace. In Nigeria, the only thing you can assume and will become reality is that money will disappear.

People are so funny!

Name a cure to ANY virus once the host is infected? None. However, before infection, your body can be programmed to resist multiplication of a STABLE virus that enters into your body. If a virus is stable and rarely mutates, one can easily be programmed to resist it. Common Flu has no cure and new vaccines are developed every year because the virus mutates. This is the very same reason HIV currently has no cure. It changes so rapidly with many different strains to render vaccinations useless.

In this particular leukemia case, a single strain of virus was deactivated and used as a vehicle to transport something into the cells. It's more about recognizing the good qualities of a deadly virus.

Here’s an analogy: Mr A is at home in need of urgent medical attention but he’s paralyzed and can’t open the door. You tried everything you could but can’t get the door open. You heard of a thieving neighbor that can break into any house. Would you employ his services to break into Mr A’s home?

Pretty cool seeing the idea come to fruition! The use of gyroscopes and its ability to resist force about its rotation axis is well known but seeing it in action is thrilling nonetheless! In this case, there are two spinning gyroscopes that keep the bike upright. However, like most technological innovation, the science is well known but implementation of it is where boys get separated from men.

Here's a pic of a one wheeled bike using gyroscopes.

some-girl:
should they be making this public?
A carbon dioxide detector would easily counter this technology.

You're so far off it's not even funny! Carbon dioxide detector will detect what exactly? The carbon dioxide that occurs naturally in the air? Using infrared detectors is the way to detect living beings in hiding because we are warm blooded and heat is visible to infrared.

Somorin#1:


You don't have to worry about me. No pain no gain. I have fresh blocks, crankshafts and heads in the shed.

While we're at it, are you Guys playing with NOS in 9ja yet?

NOS ke? Where would they refill the tanks?

But I do think major cities are in need of one or more tuning shops! If I were in Nigeria, I would have opened a shop in Lagos to do things like custom speaker enclosures, wheels up-sizing, jacking up SUVs, exhaust systems, tune installs, suspension upgrades, body kits etc. I would just need to find smart mechanics that can read and follow instructions.

politician: 2005... Lagos nigeria!!

Slapped by a police for resisting arrest by asking him to read my right to me during a student protest. He said'' which right, are u crazy''!!
Thunder me slap!!
Ȋ̝̊̅ kom take scope shout '' greatest nigerian student'' , our right has been violated bla bla!!
The students nearly lynched him but the slap enter me wella!! I can swear say na farmer before he join police!!

2008.. Benin-togo Border!!
Akwaaba ghana 2, a graduating trip, we got to benin rep, we were exhausted and just got to a filling station, Ȋ̝̊̅ told the driver to FILL the tank and the attendant did that!! Unknowingly, fuel means Diesel to the french!!
Our buses are petrol engine, and we bought the fuel with our last card hoping that it would bring us back to nigeria!!

Come see student demonstration in cotonou, the boys slapped the attendants, the indigenes came out in droves and started shouting Nigeria!! Nigeria!!

The french police man asked in french that '' who slapped the attendants''

I thought he said ''who is the leader''

Ȋ̝̊̅ said '' Ȋ̝̊̅ am''

I just hit the floor!! I thought it was a gunshot!! It was like an echo-sounding device was installed I̶̲̥̅̊n̶̲̥̅̊ my ear!! My friend still joke about it!!

The gurl Ȋ̝̊̅ was hitting on really pitied me, she cuddled me throughout the journey back !!

I just busted out laughing!

rick.ross:


What are you talking about? Even if a Nigerian defrauds a staff of BBC is that enough reason to continuously talk shiitt about Nigeria?
Majority of the email scamms originate from USA, China and Russia. A great number of those scam emails also originate from the UK and many parts of Africa and Europe.

Stop being so confident about something you know very little about. Email scam is Nigeria's claim to fame and just because it appears to be coming out of a certain country doesn't mean it was not sent out of Nigeria or have Nigerian origin. On the other hand, East Europeans have taken the scam into a whole new level. They are the ones that do the website spoofing and more elaborate scams.

The bottom line is that Nigeria was the first country to put email scam (419) on the map. When you say "email scam", Nigeria will be the first country that comes to mind.

1. Whatever you rob on your skin can and do get into your blood stream.
2. Allergic reaction to perfume should NOT last for months especially if you stop exposing yourself to the source.
3. Hydrocortisone in the low strength form (1% or 0.5%) does not need a doctor's prescription and it can clear most type of rashes or itch including those caused by eczema, cosmetics etc.
4. If you're really worried and want to be sure that your balls are not going to rot and fall off, go see a QUALIFIED person (doctor) that can tell you exactly what's wrong with you. You don't want bad news, abi?

yesman: Hi, I'll be visiting the states where I intend to buy a used BMW X5 2002/2006 model and have it shipped to Naija. I'd like to know from current owners or those of you familiar with this car:

1. I noticed that this car is not popular on Nigerian roads, is it because of the cost or high maintenance? Or is it highly sought after by thieves?

2. What are the differences between 2002,2003, 2004, 2005 and 2006 models (can't afford beyond that) as they seem to be within similar price range?

3. What should I consider as ideal mileage?

4. This will be my only car as I'm getting rid of my current, would it be ideal to use for another 4-5 years?

5. How much will routine servicing cost? Will I be able maintain it on my salary (i earn N400k/mth)

I'd appreciate valuable info from you guys before taking the plunge.

1. I can't speak for maintenance in Nigeria but it is relatively expensive to maintain. It is not a Honda or Toyota.
2. What engine size are you looking at? 6 cylinder or 8? From model year 2004, the truck became more economical (better gas mileage due to vanos), more reliable and also looked slightly different.
3. Less than 100k miles but more important is the service history. Try to get the dates and mileage when BMW Inspection 1 and 2 were performed. BMW Inspection 2 is the most important as it covers more stuff. Here's what it should look like:

15,000 miles - Oil and Safety Service (O/S)
30,000 miles - BMW Inspection I (I/1)
45,000 miles - Oil and Safety Service (O/S)
60,000 miles - BMW Inspection II (I/2)
75,000 miles - Oil and Safety Service (O/S)
90,000 miles - BMW Inspection I (I/1)

Oil and Safety Service (O/S)
Inspection I Service (I/1)
Inspection II Service (I/2)
Intermediate oil service (O/F)

Read the link below for more info on what each service entails.
http://www.bimmerzone.com/category/Tip_and_Tricks_Inspection.html

virtuoso01: It will be very interesting to see the size of the coffin she is buried.

https://www.youtube.com/watch?v=_DNe6zPFT5Y

Somorin#1:


I've had continous luck with running relatiovely low boost on stock pistons and compression (though on some cars that alloss it, I've also used a slightly thicker head gasket to reduce the compression).

Adjusting the boost ratio to 5 or 6 psi can be accomodating.

In any case, I don't see the high caliber of machines on this thread needing any of those superfulous work anyways.

At about 5psi on most NA engines, you can get "away" with a tune, turbocharger, oil pump and intercooler. Just run high octane quality fuel and/or E85 (if your car can take it) and you're good to go. But if you grenade your engine, no be me send you o.

I had to look at the forum this topic was posted in just to make sure that I'm not in the Religion forum. What's with all these ignorant people religion bashing? If you want to talk about religion then go to the Religion forum. This topic has nothing to do with being a Christian, Jew or Muslim.

Christians spy on Christians all the time.
Muslims spy on Muslims all the time.
Friends spy on friends all the time (e.g. Israel spying on the US, US keeping track of its allies etc).
As for Jews, it’s highly likely that orthodox Jews spy on regular Jews.

There's strategic advantage to be gained by knowing what someone is doing in secret. Period.

One last thing, Israel has a major motive to know what Sudan is up to because Sudan is used by Iran to manufacture weapons and also used as a smuggling point into Gaza. Israel recently bombed a bomb making factory inside Sudan. http://www.npr.org/2012/10/25/163653933/israel-blamed-for-arms-factory-bombing-in-sudan

achi4u: Technology at its peak.

ww111 will be too brutal for human race.

Hw can this be possible,taking pictures and sending it back to Isreal?

Doubt it is true in this particular case unless the Israelis are close by but it is possible. One can very easily determine what the equipment is capable of if they get their hands on it.

I can't see any antenna which means that the frequency is relatively high because higher frequencies require smaller antennas. But with high frequencies, line of sight is required otherwise you will lose the signal because high frequencies are obstructed by hills, buildings etc. GPS works because it is in the sky and looks down at the receiving equipment. Also, to get any meaningful transmission range (greater than 2km), you will need a lot of power and the vulture just seems to be carrying a matchbox-sized equipment on its leg.

If the Israelis are close by then anything is possible. Since they said they use the vultures for tracking, it already has a GPS receiver onboard but it shouldn't have an optical lens (you need one for a pic or video but not for tracking). If there's an optical lens then...

To reiterate what was already said, using detergents and liquid soap on your car will strip the top layer that protects the paint. I actually do it sometimes when I want to re-seal the paint with wax to get a better shining car. There's a liquid soap called Dawn that will strip every bit of wax off your car giving you a clean slate to add new wax.