₦airaland Forum

That's quite impressive, akwa-ibom is really setting itself up for industrialization...

Like your city isn't also messed up... Lagos is a coastal city, it seats
next to the Atlantic Ocean. We are in rainy season so some areas are prone to floods. It still doesn't change the fact that Eko is mega-city

Yet no loan was gotten to finance badly needed projects in the Eastern region and we wonder why the nation is so divisive??

Hope it's not 'Chidinma Cucumber'??. I'm just saying...

Reptiles are cold-blooded animals, they need a warm places to relax, the bike engines seemed like a good source of heat for the snake.
Nothing out of the ordinary here

If not for poverty mentality, tell me how buying a new car is a major achievement??

IkpuNnegiEwu44:
English is dead and buried.

"Water came ouf of the down of the house"

Slay queen has reverted to her real English when she jam Lagos flood.

Eko don baje tey tey

, I think say na only me dey hear am. That english self shock me.

IME1:
I laugh in Japanese


Secondus: Chief Obas , Bros is on the line. He is not happy.

Obas: Oga Wike good afternoon . You see...

Wike: Bia Obaseki. I don't like this thing. They told me you are like this. But I decided to trust you . How can you be playing us like football like this? Are we now waiters and waitresses?

Obas: No it's not like that . You see eh. I am trying to remove their roof before I leave.

Wike: Please please please dont tell me that. Is it me you are teaching politics. You are standing us up, keeping us waiting and you are telling me stories. Please..

Obas: Bros dont be angry. I cant lie to you , you have been nice to me. Honestly I discussed the idea with Waziri. He said I should set fire there before I.....

Secondus : Chief Obas please leave that aside. Oga is not happy . He likes straightforward people. What oga wants to know now is when you are making the announcement. This is not a boys quarter party.

Wike : Look chairman you have to do your job. People are now calling us secondhand party. The last time, you people went and borrowed someone from them , that man from Adamawa. I told you, you didnt listen. Now you have brought this man. And the man is making us look like fools.

Obas: Your excellency please give me a little time. I have given you my word. I will move. I just want to ...

Wike: Come chairman , if this man doesn't move this evening I will not allow him move again. This is not right. He cant keep a party waiting . This is not AA. What impression is he creating in the minds of people. He thinks we dont know the game he is paying.

Secondus: Oga I understand. Let's give him till Friday.

Wike : No. You dont understand . He is using us.So if he goes back to APC on Friday what will you tell voters in Benin. To vote Obaseki? What kind of nonsense is this?

Secondus : Chief Obas , you see. You know I told you to make it snappy. You see what you have caused. My oga is now shouting on me. You are using us like okrika

Copied from Ugo Egbujo

. I swear this conversation is very funny. This looks like a conversation that can transpire between Wike, Secondus and Obaseki

Picture two: the place looks completely abandoned. Where did all the people go? Building infrastructure in a environment that is fret with insecurities

catfrog10:
Yorubas are now happy. Don't surprised they planned this to disgrace her out of envy. These people are wicked and will go any length....

Please quit your enthic bullshit, not everything is Yoruba VS Igbo thing, it appears you are suffering from enthicity complex, you need help Asap

mancanoe:
But Yoruba is tactically excluded from this road usage tax while Igbo is tactically the highest payer of this road tax

Guy please will you shut up, not everything must seen with tribalism, you better reason straight. Before you term me 'Afonja' I'm igbo too...

This Ugwanyi ass licker is back with another popanganda bullshit

valentineuwakwe:
I just hope this will not spark tribal war here on nairaland?

It must surely spark tribal war. You know nairaland and tribal idiots are like five and six. Some people chose to be idiotic ambassadors of their enthic groups

Juliusmalema:
Stop Useless comparison this boy.

Igbos are not in league with anybody.

Stop being cynical. You're always fond of throwing ethnic banters around and claiming not to be an enthic bigot. You've been noticed

Tribal bigots in the building food is ready. Start shouting 'Igbo Amaka'

Nels55:
Some yourbas are not happy with this judgement, lol...

I'm igbo. But to be sincere with you, you need psychiatric evaluation... What has yoruba got to do with this news?!

AFONJAPIG:
Very soon Naira will be as useless as Venezuela money, it will littered the street of Yoruba land even some of them will not afford toilet tissue papers after eating watering beans and ewedu, they will be left with no other option than to be using it as baby diapers and bum bum wipers... Ndi Ara

Why are you such a terrible tribalist, you're increasingly getting psychotic. Do you have nightmares about the yoruba people?
You need help, you need psychiatric evaluation. Take the advice from me as an igbo guy...

I just hope Obaseki wins the election, Oshiomole will effectively be declared null and void

NGpatriot:
1. Governments are supposed to invest in their people, their people, invest in capital projects and infrastructures to create jobs, expand the tax base and to give the people a better quality of life, not to deny the people good use of their money by parking their money in bank accounts for measly gains.


2. You make more money by investing in income-generating infrastructures than low return and non-job-creating money market investment.s that doesn't expand your tax and income-generating base and definitely not job-creating.

3. Money should be floating and recycling within your economy, not parked away somewhere for silly and thoughtless reasons.

The money is not his personal money, it's the people's money.

Who told you Anambra State Government don't invest in their people? Have you reading the NBS statistics of late? Anambra is one of the least poverty afflicted states in Nigeria only second to Osun.

Secondly, if you understand how investment works,you'll know Obi's foresight in opening a dollar denominated portfolio on behalf of the Anambra State Government is an asset to Ndi Anambra, you know why? Because the asset is an income stream that accrues daily as interest to ANSG. During the acute recession in 2015 when State were unable to pay the wages and running to the FG for Bail-out, how do you think ANSG was able to manage their wages, ite simple. Obaino withdrew the interest rate on the dollar denominated portfolio account that has accrued over a month to match it with the little that came from allocation, that's why Anambra wasn't really affected by the crisis.

Thirdly, money will always be floating and recycling in the economy so long as the people of Anambra are always involved in buying and selling of goods and services . Mind you, Obi didn't take the entire revenue of Anambra to store in a portfolio account, that would be tantamount to acute stupidity, he only set aside a minute percentage probably 5% of the revenue for savings and investments which every responsible government around the world does..

it really shocking that many people are confused on the difference between savings and investment. A state governor thought it wise to open a portfolio account on behalf of Anambra State and set aside a percentage of their yearly budgets that will be put into the portfolio account for investment. A portfolio account is clearly an account that is used to buy investible assets like Bonds, Treasury bills, and other assets which will be managed by an asset manger on behalf of the investors(Anambra State Government).
Peter Obi thought it wise for save for future generations by investing in dollar denominated treasury bills and bonds that will hedge against the failing naira and yield fantastic interest for the later generations of Ndi Anambra to use when there's a major crisis in the future and some people in this group have the effrontery to say Peter Obi took an unwise decisions.
Saner countries like Norway, UAE and Luxembourg set aside a percentage of their budget and put the funds in a Sovereign Wealth Funds that will later be invested in quality assets and values around world and back home in our country even our government thought it wise to enact the Excess Crude Account (ECA) funds to save up a certain amount of our yearly revenue for investment but someone in Anambra State as far back as 2011 started saving a portion of their revenue for investment and some people said it was unwise of him?? . Some people are clearly stupid if they don't realize that Peter Obi took one of the best decision for Anambra by doing just that. he's a legend!!!

NGpatriot:
So, instead of investing or building infrastructures to develop, to create jobs and give his people a better quality of life, the clueless man let the money redundant and unproductive in a bank instead of putting the money to good use to serve the people.

What is wrong with you people in that part of the country?

are you chronically stupid or what? that money wasn't just dumb in a bank account for the bank to be reaping interest. A portfolio account was opened on behalf of the Anambra State Government and it was used to buy foreign assets like US bonds and treasury bills. do you know what that means? it means for very day that passes by Anambra State Portfolio account will accrue a daily percent interest rate in dollars till it reaches maturity. it's very clear you don't know how investments works.
I suggest you meet companies like ARM, Aiico and Meristem to put you through on the important of investments.

Eternal rest grant unto her oh God and let your eternal light shine upon her

Tap0lane:
Are we talking about this Peter Obi or another jew ?!

A non-entity politician like Victor Umeh alleged that Peter Obi left a anambra in substantial but whereas DMO debt management organizations has published statistics indicating Anambra was one of the least indebted state,
Now ask yourself truthfully, which should I believe, DMO or Umeh??

I am very much surprised to read how people are condemning Obi for leaving investible assets on behalf of the state.
In countries like Norway, UAE, do you know how much they set aside from their budgets to be invested for future generation purposes? No State Government since 1999 has ever left their government on credit by the end of their tenure. It's always been debt after debt with little to show for the huge amount they borrowed.
It is very pathetic that people are chiding for Obi, did Obi tell you that he didn't invest in infrastructure while he was in government. I know for a fact that he really invested in education. Peter Obi is the politician I know since 1999 that has not been investigated by any anti-graft agencies both within and without.
Anyway I have come to the conclusion that Nigerians as a people are the main architect of their own problems, we'll continue to remain the laughing stock of the continent.
No wonder South African nairalanders like TMKsouth and Irongalaxy will alway take a swipe at our foolishness and how we play primitive politics..

obailala:
Typical black man consumer consumer consumer mentality. Consume it all, and then when a famine comes, you run to oyibos to beg for aid.

Meanwhile, did you just say N75bn can build a pipeline from Imo to Anambra and also build a 1000mw power plant?... You must really be referring to PVC pipe and I-pass-my-neighbour generators.

That guy you quoted is chronic fool. He said 75billon naira could build 1000mega watts and gas pipeline, if that's the case, why hasn't Lagos State constructed series of 1000mega watts power plants

techmo:




Isnt it absolute stupidity for a state with so much unemployment, zero power supply, and absolutely no infrastructure, to ware house 75 billion in a cormercial bank like diamond bank.. while bankers wont even borrow the money out to Anambra indegene but to the likes of Dangote and Rabiu of Biu groups

75billion would construct a gas pipeline from Imo gas flaring fields, build a 1000 Megawatt Thermal/gas turbine power station and give Anambra 24/7 electricity with enough to sell to other state while their industries drastically develop

.

Who told you there's high unemployment in Anambra State, go and check the NBS statistics since 2015, Anambra has one of the least poverty prevalence ratio in Nigeria...

Any chest-beating topic in front page. When are we ever gonna learn to remain humble in our achievements. Always boastful... Tufiakwa!!

It's a good thing they are adopting a similar style to how Roman Catholics handle the issues of secession to the Seat of the Bassilica.
Enthroned by Conclave (election) and not selection

Jesus!! this people can lie!!

Stan2330:
oga they have closed down those companies o

E pain me no be small

you don't mean it?? . Chai!! it's unfortunate. I really liked CTL back then when i was in Aba. They were pocket friendly...

That TSTV has been fraudulent right from the first start, trying to tap an exclusive sport content from the Arab nation and streaming it live to the Nigerian viewers when you were aware that it's only DSTV through "Supersport" that got the exclusive right to air thier sport channel to sub-saharan African. Instead of them the code thier fraudulent act, they started making undue noise up and down.
If you go to places like Aba, Onitsha and Portharcourt, they are companies that stream live sport contents from the arab nations to thier viewers here and those viewers pay a fee for that. This has been ongoing for years without much noise because they know it's illegal to tap an channel that's got exclusive rights.
Anyway, the manger no get sense. DSTV kon use am chop better money for lawsuit...

Eternal rest grant unto him oh lord and let your eternal light shine upon him