Business › Re: How Dangote Sold His Refinery To Gullible Nigerians by workchopNG: 8:44am On Sep 20 |
Powerbandooo: Oga that dangote shit is nonsense, trust the profit u go see will not be worth it,any update that is always loud always end up in fuckery, That investment is not for middle class or the rich, it is for the wealthy ones, every other people buying that just dey waste their time,someone who is investing 50k cannot be compared to the person I vesting a million dollar, because the profit will be very minute Putting your money inside Opay and be seeing daily gain is better than buying that rubbish share One thing is sure, you and I do not know what will happen tomorrow. We can't tell if buyers will make profit or loss, that's stock for you. However, I responded to him based on his words, not based on any speculation. |
Business › Re: How Dangote Sold His Refinery To Gullible Nigerians by workchopNG: 5:44am On Sep 20 |
dmexy33: I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.
DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:
1. Why is DANGOTE going public with the IPO? I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.
2. Will you make profit from the buying into the DANGOTE IPO? Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.
3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising. You just wrote rubbish and doesn't sound like you know anything about financial brokerage. You admitted that buyers will make money which is the reason they bought the shares yet you're calling yourself olodo. Also, it's either you don't have sense of humour, or you don't understand sarcasm, or you're just being intelligent by half for you not to understand the jokes by content creators. Read your write up again and then tell me the reason why you're not the olodo. |
Politics › Re: Why Are There No Embassies In South East, Nigeria? by workchopNG: 12:24am On Sep 11 |
Pigstormentor: I heard that UK embassy now offer consular services in Enugu..
Is that True? Yes and it's not "now" it's been 3 years we've been travelling to the UK without going to Lagos/Abuja. |
Education › Re: Anambra Education Ministry Encourages Eligible Students To Access Nelfund Loan by workchopNG: 8:22am On Sep 04 |
NELFUND is not meant for all students, it's for those that cannot afford their school fees. Fortunately, Anambra has shown that they're truly rich by not applying for the NELFUND. Why will anyone take a loan to pay school fees when they can afford it?
I know many people in the UK that are eligible for study loan but didn't go for it because they want to train their children by themselves without loan.
This shouldn't be discussed at all. Let the loan go to people that need it.
Govt acting as if they care, if this is a grant now, no one will hear about it. |
European Football (EPL, UEFA, La Liga) › Re: Fulham Vs Chelsea (2 - 3) On 24th August 2026 by workchopNG: 8:03pm On Aug 24 |
Match never start Chelsea don score.
Fulham 0 - 1 Chelsea |
Sports › Re: Jay-jay Okocha Celebrates His 53rd Birthday by workchopNG: 8:54am On Aug 14 |
He was so good they named him twice. Happy birthday legend! You made football interesting and entertaining those days, and made every family go home to watch super eagles whenever they play.
Age with grace skillful Jay Jay. |
Romance › Re: How Long Did You Date Your Spouse Before Getting Married by workchopNG: 9:43pm On Aug 03 |
We never dated. Going to 5 years now, living happily |
Nairaland General › Re: Men In Their 40s, Give One Piece Of Advise To Men In Their 20 And 30s by workchopNG: 10:45am On Jul 29 |
Go and chase money now you have strength. Gather as much as you can and even more. Let nobody deceive you, "money answereth all things"__ Holy Book |
Celebrities › Meet Davido's Igbo Grandmother by workchopNG(op): 10:13am On Jul 26 |
This is Davido’s grandmother, Mrs. Nnenna Esther Adeleke (née Akpara), the first & only woman in Nigeria currently to have given birth to two elected state govs. One woman, two sons who bcame governors, another son who bcame a billionaire businessman, & a grandson who bcame one of Africa’s biggest music stars.
She gave birth to Isiaka Adetunji Adeleke, the first elected civilian Gov of Osun State, & Ademola Adeleke, the current Gov of Osun State. She was also the mother of Adedeji Adeleke, billionaire businessman, founder of Adeleke University, father of Afrobeats superstar Davido.
Mrs. Nnenna Esther Adeleke hailed from Akwete Ndoki in Ukwa East LGA of Abia State. She married Senator Ayoola Adeleke from Ede, Osun State, a union that crossed ethnic & regional lines.
Her family home in Akwete is still known as "The Adeleke House,".
The Adeleke family continues to maintain strong ties with Akwete, offering scholarships to indigenes to study at Adeleke University & providing community support, especially during festive periods.
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Romance › Re: Foul Smell May Be The Cause Of Some Sexless Marriage by workchopNG: 10:04am On Jul 26 |
Before the game, both of us must enter bathroom go bath first. |
Foreign Affairs › Re: He’s Too Young To Challenge Sharia Law – Sheikh Gumi Blasts Ibrahim Traore by workchopNG: 9:59am On Jul 26 |
Travel to Burkina Fsso 🇧🇫 and tell him, let's see what will remain of you. |
Celebrities › Re: Peller And Jarvis Release Stunning Pre-Wedding Photos Ahead Of August 1 Wedding by workchopNG: 5:05pm On Jul 22 |
Nice. Congratulations 🎉 to the lad, he's taken the bold right step. |
Phones › Re: I Built My Own Clean, Ad-free Local Music Player by workchopNG: 10:53am On Jul 21 |
Nice app, light weight, great graphics. Irresistible |
Sports › Re: Argentina Is The First World Cup Finalist Without A Shot On Target In 90 Mins by workchopNG: 8:35am On Jul 20 |
UrVillageChief: 90 minutes keh? 125 minutes🤣 In fact, the players ought to be jailed for that criminal display last night. Funnily enough, football is so cruel that they could mistakingly win the trophy with that horrible display and all their supporters would be telling us today is “na tactics” The post is about shots, not on target. They didn't play shot on target for 120 mins, but had 2 shots 🤣🤣🤣 As for 90 mins, they couldn't muster a single shot whether on or off target 😫😫😫 |
Politics › Re: Video: Otti Campaign Bus Sinks Amid Flooding At Ariaria Market In Abia by workchopNG: 5:16pm On Jul 17 |
With what Abia State has passed through before he came on board, anybody that is against Otti is a very wicked soul. Those persons never wished Nigeria/Nigerians well. That twitter op is worst than evil to call people Otti!dio... or whatever. Wicked souls |
Food › Re: Guess How Much I Bought This Yam? by workchopNG: 7:22pm On Jul 12 |
That yam 4k or even 5k. The one they told me 4k 2 nights ago is smaller than this. |
Sports › Re: England Vs DR Congo: World Cup 2026 Round Of 32 (2 - 1) On 1st July 2026 by workchopNG: 5:55pm On Jul 01 |
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Nairaland General › Re: Is Nairaland Aware Of This From Google And This Custom Link From Google Gemini by workchopNG: 12:52pm On Jun 28 |
It's normal, it's Google adsense. So the forum can generate extra income for it's maintenance. |
Sports › Re: Longest Second Half Break In Football History by workchopNG: 8:51am On Jun 23 |
Somehting like that happened during club world cup in the US as well. That one was 2 hours delay in North Carolina. Chelsea vs Benfica, at 63rd minute though, not during ha)f tuke like the opening post. |
Crime › Re: EFCC To Probe VeryDarkMan, Deji Adeyanju Over Alleged Terrorism Financing by workchopNG: 10:08pm On Jun 19*. Modified: 7:55am On Jun 20 |
TemplarLandry: This is great news, that self-righteous brute called vdm has to be grounded. Have some dignity... I mean, have some shame  |
Phones › Re: What Phone Are You Using In 2026 And How Much Did You Buy It?” by workchopNG: 8:41am On Jun 12 |
Iphone 11 Pro. 380k Dec 2024 Use mostly Samsung A03, gift since Mar 2022.
It's not life that we're living in Nigeria. |
Politics › Re: Atiku’s Presidency Will Be Synonymous To Fulani Taking Power – Babachir Lawal by workchopNG: 6:33am On Jun 08 |
Better for Tinubu to continue furore 12 years than having him there. |
Sports › Re: Players With Nigerian Origin Featuring At The 2026 FIFA World Cup by workchopNG: 4:34pm On Jun 07 |
Lots of good players, wish all of them the best |
Politics › Re: Lere Olayinka Shares Emeka Ike's Confidential Voter Details by workchopNG: 11:28pm On May 30 |
FreeStuffsNG: INEC voter's card is actually a public document.
The info on it is publicly displayed at polling units for everyone to see. In fact, it stays publicly displayed for weeks!
Nothing is special about it since INEC can publicly display same info so. Oga don't be ****** and don't allow rubbish!sh politics make you appear less intelligent than you supposed to be. Since you started supporting APC, you've become a shadow of yourself. I know you used to be an IT professional, I can't tell for now. How can you explain an aide of a Minister having access to cvradmin.inecnigeria.org url? If you say it's public, then login to the url and share a screenshot. This politics makes intelligent people look so *****. I can't fathom why someone doing well for themselves should stoop so low to be an *** licker because of whatever. |
Politics › Re: Even ₦30 Million A Year Can Feel Like Survival In Nigeria by workchopNG: 9:41pm On May 28 |
WizardOfNG: @OP.
Lenghty post ruined by misinformation. Nigerians pay some of the lowest tax in Africa and our tax to GDP ratio is around 10%. Lower than the African average of 16.5%.
We pay 7.5% value added tax while many African nation set VAT above 15%.
Diversifying our economy away from reliance on oil, over time, is the best way to make Nigerians and Nigeria richer.
Over years, and perhaps not deliberately, leaders impoverish Nigeria and Nigerians subsidizing every sector leading to an economy that has no buffers to withstand even the mildest economic stress.
They weaponised poverty with numerous subsidies giving a people with low exposure and expectations cheap fuel, unfeasible and self-destructively low power supply tariffs, cheap and substandard education incaple of producing the STEM standard (science, technology, Engineering and Mathematics) Nigwria needs to creat her own solutions across all sectors of socio-economic life, etc, etc.
That is the culture we have to reverse to gain a Country where private sector wealth creation, like the USA, can be commendable.and a driver of greater individual and national wealth. Paying the lowest tax in Africa is not the issue, the issue is what are they doing with the taxes? They removed fuel, Education, and electricity subsidies, what significant change have we seen with all the monies saved from there? Instead, they keep borrowing from any available lender, we will soon borrow from The Gambia. |
Romance › Re: What Mumu Thing Have You Ever Done For Love? by workchopNG: 2:05am On May 24 |
KingMack: To buy you Heineken jus dey hungry me 💪 To buy him Heineken for being a mumu and spending without sense for a girl that asked him to stop coming to her house unannounced? The s!mp suppose collect 12 lashes for straight 7 days, twice on a Wednesday. |
Business › Re: Fake Mattress Worries Hit Ghana by workchopNG: 7:54am On May 22 |
This mattress is also in Nigeria. The brand is Y.F Prestrige. They used the same material and say it's semi orthopaedic mattress.
Probably gonna throw this away. 😣😣😣 |
Politics › Re: Today's The Deal Day For Desmond Elliot by workchopNG: 7:45am On May 20 |
Which one is "Deal Day" again... is the young man up for sale? |
Family › Re: What Did Your Wife Do During Your Relationship That Made You Say She's The One? by workchopNG: 7:12am On May 17 |
Never dated my wife. Taught her for 6 six weeks 5 years earlier before I chatted her on Facebook. I was in another African country, and within 6 weeks of chatting her up, her bride price was paid by my family. It's 4 years now, and we're enjoying the journey  |
Romance › Re: Nigerian Man Shows His Life Transformation After Meeting His White Lover by workchopNG: 1:55pm On May 09 |
Username2780: Have you thought of being prayed for ? No, I'm sure you must have been prayed for but the issue still persists... Wish you all the recovery you need mahn |
Health › Re: The High Rate Of Unprotected Sex by workchopNG: 1:23pm On May 08 |
I'm very good at withdrawal that I do unprotected during longterm and short-term relationships. I even got scared at a time that I start questioning myself i can reproduce... Cuz, how can one ride for over 10 years unprotected without a single error with WM? But then, it took less than 3 months (intentionally) for my shot to enter after marriage. It would've entered the first month if I had not practiced WM too  |
Romance › Re: Nigerian Man Shows His Life Transformation After Meeting His White Lover by workchopNG: 11:32pm On May 07 |
Alikoooooooooo: Marrying a woman because of her money or her " connection " is the worst thing that can happen to a man...... That's castration..... He no get the balls to work hard and think hard.
If you can call him a man.....I'm not surprised so many men are supporting him. There are no men anymore. Dey play  It is called strategic marriage for influence, resources, status, and power. Are you more of a man than Charles Spencer-Churchill, 9th Duke of Marlborough, who married Consuelo Vanderbilt in 1895 for her immense fortune? Or Alexandra the great? Akbar the great? Napoleon Bonaparte and many other noble strong men? It's only baby men with lots of emotions that a woman can control because she has money, marriage was frequently a strategic tool used to merge battlefield prowess with economic power. Strong men get married to wealthy heiresses or women of high status to secure land, fortune, or political legitimacy. Dey play bro  |