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Investment / Re: This Is Bad News For Fixed Deposit Holder by Youpele52: 9:59pm On Oct 18, 2015
SleekReek:
I really don't understand why anyone in Nigeria will be doing fixed deposit with our inflation rates, you are only making money for the banks, who know how to use your money better than you, this doesn't not make sense. smiley

Learned that from entrepreneur and investor Robert Kiyosaki, inflation is one of biggest enemies to savings. It's financial wiser to invest than save.

2 Likes

Phones / Re: Tecno Phantom 5 Breaks Konga Sales Record!(Photo) by Youpele52: 6:05pm On Oct 18, 2015
wink
Phones / Re: Finally, LG G4 Becomes First Smartphone To Get Android 6.0 Update by Youpele52: 9:48pm On Oct 15, 2015
Infinix users will be the first to get the update in Nigeria.
Jobs/Vacancies / Re: The Countries With The Most Unemployed Graduates by Youpele52: 10:51pm On Oct 14, 2015
No Nigeria?
Celebrities / Re: Cynthia Morgan Smokes While Carrying A Little Child (Photo) by Youpele52: 10:08pm On Oct 13, 2015
damton:
Are we to condemn or commend her? oya over to professors , smokers, teachers in the house. As for me , I reserve my comment.

I will love to see the reservoir where you're reserving the comment cheesy
Phones / Re: 12 Ways Mobile Phones Changed Africa Forever by Youpele52: 12:48am On Oct 12, 2015
Insightful
Celebrities / Re: Celebrities Daughter Who Are Spitting Images Of Their Father-photos by Youpele52: 2:29pm On Oct 11, 2015
2
Phones / Re: Strive Masiyiwa (One Of The Founders) Explains The Exit Of Econet In Nigeria by Youpele52: 4:14pm On Oct 09, 2015
Source:

https://m.facebook.com/profile.php?id=496453373762496&locale2=en_US


You can scroll down his profile to read up from part 1

lalasticlala
Seun
mukina2
Phones / Re: Strive Masiyiwa (One Of The Founders) Explains The Exit Of Econet In Nigeria by Youpele52: 4:13pm On Oct 09, 2015
In my letter to the US Justice Department, I detailed the full history of the demands for a bribe. I had dates, times, records. I then reminded them that since the big international operator had a listing on the New York Stock Exchange, they were duty-bound to launch an enquiry. Why did I go to them?

The United States government has a law called the Foreign Corrupt Practices Act. The United Kingdom has a similar one called the British Anti-Bribery Act. Whatever you do, make sure you never fall foul of those laws because, if they ever use them to come after you, you’re a "gonner" my friends.

A few weeks later, US officials wrote back advising me that an enquiry had been launched. They contacted the big international company seeking answers to my allegations. My contacts at the company called to tell me, "All hell has broken loose at the company."

The parent company of the South African-based multinational sent external auditors and lawyers from London to Nigeria. They immediately dismissed all the senior executives sent to Nigeria to run the company, and they left in a hurry!

Although they fled the scene of the crime and returned to their country -- after admitting even to both the US Justice Department and the EFCC that the money had been paid out – the stolen funds were never returned to the Nigerian people, even to this day.

Meanwhile, the departure of the other mobile operator did not mean we could return to Nigeria. The shareholders found another operator, this time from the Middle East.

They sold this new operator the control of the company even though Econet Wireless Nigeria had the "right of first refusal" over any sale. They simply ignored that provision in our agreement. This was illegal, both according to our shareholders agreement and Nigerian Company Law. It was left for us to take up the fight in another forum, the Nigerian courts.

Afterthought 1.

The British counterparts of the EFCC were able to bring James Ibori and his associates to book (as you will see in the next post) because they were well supported by both the political and the judicial system in the UK. I also believe that much of the evidence to bring him down came from officers in EFCC who passed it on to the British knowing that their counterparts were better placed to bring him to book. In other countries, agencies like EFCC exist but for a completely different purpose...but that is for another day.
Phones / Re: Strive Masiyiwa (One Of The Founders) Explains The Exit Of Econet In Nigeria by Youpele52: 4:10pm On Oct 09, 2015
It’s time to play by a different (ethical) set of rules (Part cool Nigeria 2

___As citizens, we have a duty to speak out to stop the rot

Nigeria has an agency known as the Economic and Financial Crimes Commission (EFCC). After we had to leave the country, a few noble people at the company tipped off not only me but the EFCC about the payment of the bribes, which had by this time risen from $9m to $13,5m.

I had never actually heard about this agency myself until I got a call from the Nigerian Embassy in South Africa to say they wanted to come and see me to interview me as a witness.

A team of very senior EFCC officers came to see us in South Africa. They were solid and professional in their enquiry. It was clear they wanted to do something about it.

However, when these officers returned home to Nigeria, they got into very serious trouble. Their investigations into the irregular payments had been brought to the attention of James Ibori (Governor of Delta State)…

Soon thereafter, the most senior officer leading the investigation was demoted and sent to a remote part of the country as an ordinary policeman!

Agencies like EFCC in Nigeria sometimes have brave and gallant law enforcement officers. Unfortunately, as I observed, they’re often let down by their political bosses, and sometimes even by the courts. This can change if activism from the citizenry emerges to support their work.

___We should not only support official efforts to stop corruption but also help these agencies and organisations in their investigations. If you have relevant information about illegal activities, passing it on could make all the difference between impunity and imprisonment.

Phones / Re: Strive Masiyiwa (One Of The Founders) Explains The Exit Of Econet In Nigeria by Youpele52: 4:07pm On Oct 09, 2015
Spiritual Reflection
I could easily have agreed to pay the bribes and I would have remained in the company earning millions every year. My shares could have increased and I would have earned billions. It was all there for me. All I needed to do was to accept that the payments be made. After all, the money was not coming from my own pocket I also knew the price I and my company would have to pay:

-Lucrative contracts would be lost.
-Our reputation and prestige would be affected as these people would tell lies about the reasons we had to leave. They had powerful friends everywhere including some of the press;
-Many people would lose their jobs.
-My company could collapse.
-I faced personal danger.

Knowing all that, I still said NO!
In Matthew chapter 4, Satan says to Jesus, "If you bow down to me, I will give you all the kingdoms on earth and their wealth."
Those who engage in corruption ( or ignore it) have bowed down to Satan. Whenever I see someone who is corrupt, or chooses to be quiet about it, all I see is someone groveling at the feet of Satan.
Let's be the generation that fights corruption... and ends it! Will you join me?

Danlami Saad,
Writes:
Plesae i want you to write about your experience in nigeria because i was at a time following your case at the court but stop and i was later told that you have won your case.

My reply:
I always save the best to last Danlami.
Nigeria is next. I have 4 posts on the Nigerian saga. We fought legal battles in courts in 4 different countries at the same time:
Nigeria, South Africa, UK, and Netherlands.
We also had international arbitration in 3 different international jurisdictions: London, The Hague, Denmark, and Nigeria.
WE PREVAILED!
-six people including a Governor (James Ibori) were jailed.
-Nigerian courts ruled in our favor all the way to the Appeals courts. Producing world class judgements.
- we received record compensation.
- our shares were given back by the courts, and we remain a shareholder to this day.
"We can do nothing against the truth but for the truth."

2 Likes

Phones / Re: Strive Masiyiwa (One Of The Founders) Explains The Exit Of Econet In Nigeria by Youpele52: 4:06pm On Oct 09, 2015
We were one of the winning bidders and they gave us just six months to set up business and get our network operating. We were under a lot of pressure but our network was live two days before the others! Customers were pouring in. We were number one in the market with an estimated 57% market share.

___Then came the fateful day when I was told that our company must pay a total of $9m in bribes to senior politicians (in state government) who had facilitated the raising of the money to pay for the license.

I refused to authorise the illegal payments. Meeting after meeting was held to try to get me to agree, but I would not. The money would not be paid as long as Econet was the operator and I had signing authority.

James Ibori, the Governor of Delta State, was demanding $4,5m be paid to him in his personal capacity. He was one of the most powerful men in the country and had a reputation for violence. When he heard that I was refusing to approve payment he issued an ultimatum:

___"Pay or I will chase you and your people out of the country."

I refused.

The shareholders met and voted Econet Wireless Nigeria out of management. They cancelled our management contract. James Ibori and his colleagues personally attended the meeting to remove us. After the meeting one of them (a prominent local businessman even today) came up to me and said: "Unfortunately for you, God does not have a vote."

I had to withdraw all my staff and their families: 200 people in all. We left Nigeria.

Most of our people had to be retrenched. The loss of the contract almost drove us to bankruptcy as a group.

They invited a big international operator to replace us as technical partner and operator. They changed the name of the company from Econet to V-Mobile.

Within days of their arrival, the managers of the new operator signed off the payments demanded as bribes.

Then what happened?

A few noble Nigerians had both the integrity and courage to carefully collect all the documentation on the movement of the money, and pass it all on to me.

___There’s a saying worth remembering in uncovering the trail of destruction that is corruption: “Follow the money”…

I bided my time... then I wrote a letter to the United States Department of Justice!

It was 2003.
Phones / Strive Masiyiwa (One Of The Founders) Explains The Exit Of Econet In Nigeria by Youpele52: 3:59pm On Oct 09, 2015
It’s time to play by a different (ethical) set of rules (Part 7) Nigeria 1

___Sometimes the price can be very high in the fight against corruption.

I had the privilege of making Nigeria’s first GSM phone call back in 2001 when I called the regulator to say, “We’re live!” Who would’ve believed then that Nigeria today would have more than 167 million mobile phones?!

It all started out as a very exciting new chapter for enterprise in Africa. Shortly after President Obasanjo was elected, the new government announced an incredibly transparent international auction process for three national mobile phone licenses.

To participate in the bid, you not only had to raise money, but there had to be a member of the bidding consortium who was an experienced GSM operator. Econet Wireless met the requirements because of its experience in Zimbabwe and Botswana. Our Nigerian partners, which included state governments, local banks and high net worth individuals, were financial investors. The largest shareholder had only 10%. That was the written agreement.

I managed to assemble a consortium of 22 investors to put up the money needed to bid. Our shareholders were all Nigerian, mostly institutional investors including leading banks and two state governments, Lagos State and Delta State. The license cost us $285m and was the most expensive license ever issued in Africa at the time. This was 2001.

We considered the investment not only about putting together a network, but also about building a nation. We knew it had the potential to transform Nigeria’s entire business and social architecture.

Most of our investors had between 1-10% shareholding. Econet Wireless Nigeria had only 5% of the shares, but that was fine because it was 5% ownership of a very big pie.

As the "technical partner and operator," Econet was the company with the expertise to build and operate such a business. Our financial investors recognised this, and also allowed us to receive 3% of the turnover as our fees. This was standard practice in the industry.

Phones / Re: Infinix Hot Note X551 – Jim’s BIG Thing by Youpele52: 6:32pm On Oct 04, 2015
udemzyudex:
Octa core on a 1gb ram? Disaster no wonder infinix brought out the 2gb version....


The 1gb ram users knows what I'm talking about, even with 1gb ram and octa core gta san andreas still force close after a while, with bad ram management, have never seen it reach 430ram use always 700 above the least is 635 or more...


The only outstanding thing about this phone is the ba3....
I believe the 2gb ram version will be OK...



A friend of mine own one, and I use it often.


I downloaded gta San Andrea's a while ago. I've been finding difficult to install. Stock at download resources though I have the obb file in its right directory.

How do I go about it and start flexing it like you
Phones / Re: Infinix Hot Note X551 – Jim’s BIG Thing by Youpele52: 6:29pm On Oct 04, 2015
enoch273:


i rooted my lollipop, i even wrote an article about it on http://www.enochtek.com

How can one unroot hot note running lollipop without flashing to remove update supersu
Phones / Re: Did You Know That The Nokia 1100 Is The World's Best-selling Handset? by Youpele52: 10:39pm On Oct 03, 2015
cool
Phones / Re: Why is Wifi Not Efficient In Nigeria by Youpele52: 11:44am On Oct 03, 2015
habeeblai244:

thanks. But what can you say about the question

Broadband company like Smile, Spectranet etc are really doing a great job, with LTE 4G networks some even have unlimited data packages. The only thing is their prices are still on the high side and most especially their coverage is limited. Some parts of Lagos, Abuja and PH. Not the whole city even.
Phones / Re: Why is Wifi Not Efficient In Nigeria by Youpele52: 11:26am On Oct 03, 2015
Beautiful piece
Jobs/Vacancies / Re: Final Free Dragnet GSE Past Questions And Answers ( Old And New Package) by Youpele52: 8:56pm On Oct 02, 2015
Here's my email.

Mjayjesus@gmail.com

Thanks


DMainMan:
After so many pleas, DMainMan Foundation is giving out the New and Old package (Full) Dragnet GSE Question and Answers for free for Allah's sake.

This is the last time I will send it.

This package includes the new one as well as the old one I earlier sent.

Write down your email here.

Deadline of submission is Wednesday, September 11th, 11:59am.

After this deadline, please no one should request from me again as i might not reply.

Do not cram the questions o. There are many agents of Dragnet here. They will surely change the questions.

However, observe and master the rules of answering them. If u really do, u will surely massacre Dragnet questions like play lyk seriously.

Jobs/Vacancies / Re: Dangote Refinery Test Invitation by Youpele52: 10:42am On Oct 02, 2015
dlex21:

Most people that applied and got an invite also have their application under review. The most important thing is we got an invite. But what to read now is the problem and the mail they sent isn't one we ca reply.

You applied for refinery or the fertiliser plant
Jobs/Vacancies / Re: Dangote Refinery Test Invitation by Youpele52: 11:13am On Oct 01, 2015
QUDUSKUNLE
You applied only for the refinery or both refinery and fertilizer plant?
Jobs/Vacancies / Re: Dangote Refinery Test Invitation by Youpele52: 10:56am On Oct 01, 2015
Ahmed4002:


Refinery


You applied only for the refinery or both refinery and fertilizer plant.
Jobs/Vacancies / Re: Dangote Refinery Test Invitation by Youpele52: 10:55am On Oct 01, 2015
Is there anybody here that applied for both mechanical executive trainee in the refinery and fertilizer plant that has gotten invites?
Webmasters / Re: Google Celebrates Nigeria's 55 years of Independence by Youpele52: 12:57am On Oct 01, 2015
[size=24pt]

Oh God of creation, direct our noble cause
Guide our leader’s right
Help our youth the truth to know
In love and honesty to grow
And living just and true
Great lofty heights attain
To build a nation where peace and justice shall reign.

[/size]

45 Likes 3 Shares

Nairaland / General / Re: Happy Independence Day Nigeria And Happy New Month!!! by Youpele52: 12:50am On Oct 01, 2015
[size=24pt]

Oh God of creation, direct our noble cause
Guide our leader’s right
Help our youth the truth to know
In love and honesty to grow
And living just and true
Great lofty heights attain
To build a nation where peace and justice shall reign.

[/size]

28 Likes

Phones / Re: Infinix Hot Note X551 – Jim’s BIG Thing by Youpele52: 11:30am On Sep 30, 2015
Oklander:
Really, guys here have been very confusing, I am stuck at whether to upgrade or not, seeing people reversing back to kitkat. What do you say and which of the notes are you using?

Lollipop 925 is very stable compared to other sub-versions.
The major reason people using hot note/pro are downgrading back to KitKat it's because of FIFA 16. The games run almost smoothly on the stock rom but force closes on lollipop.
So if you really want to play FIFA 16 on your hot note/pro you'll have to downgrade. If not just enjoy your lollipop.
Phones / Re: Infinix Hot Note X551 – Jim’s BIG Thing by Youpele52: 8:57am On Sep 29, 2015
Saheed69:
Please i have rooted my phone using phiz recovery and I unroot d phone using supersu full unroot, cos I wanted to update to the latest version 0925 after installing the update using ota, my phone reboot back to phiz recovery which means I have a bricked d phone. Please what can I do


Same thing happened to me weeks ago when lollipop 910 came out. Your phone is not bricked per se I'll say it's cemented lol. What you can do to un-cement it is flash your phone with lollipop 910 if you have the file and then update to 925 via OTA.

Or you can download 925 from infinix mobility and flash your phone with it, to un-cement the grip of phiz recovery.
Phones / Re: Fifa Mobile (fifa 16) Discussion Thread by Youpele52: 12:54pm On Sep 27, 2015
encryptjay:

Turn on your WiFi


You're right. Guess that's what need to be done. I remember always doing that with FIFA 14, there need not to be an available hotspot.

samintegrity turn on your WiFi, trying playing the game again.

Waiting for your testimony cheesy
Phones / Re: Fifa Mobile (fifa 16) Discussion Thread by Youpele52: 10:52am On Sep 27, 2015
brizzle116:
am out of options... am on d latest lollipop.. if i download this and it does work.. I'll give up

How far. Have you downloaded it how was it on your latest lollipop.
TV/Movies / Re: List Of AMAA 2015 Winners by Youpele52: 10:40am On Sep 27, 2015
What about South African movies cry

Chappie

And the rest.
Phones / Re: Fifa Mobile (fifa 16) Discussion Thread by Youpele52: 10:05pm On Sep 25, 2015
Fortune440:
hope it doesn't lag? Cos I'm thinking of going back to kitkat

bufness

Is it that on Infinix hot note running lollipop, FIFA 16 doesn't play at all or it lags

And on infinix hot note running kit kat it plays smoothly or lags ??

Please explain
Politics / Re: See What Fayose Did Today As His Convoy Met Traffic On Their Way To Akure.Photos by Youpele52: 12:34am On Sep 24, 2015
stexsy:
Our role model.......

Fayose/Ribadu 2019


Must a northerner always be a President or Vice President in every administration

I'm not attacking you it's just a concern ain't there other ethnic group that can match up must, they always be in mix

Just thinking out load

1 Like

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