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  • Re: State of the Nation Post #250917
    Posted at: 7:52 am, 28th May 2015
    by netotse. SMN . Joined: 29th September 2007. Thanked 86 times.

    bamidele97;250913 wrote:
    I wouldn't put it past the spin doctors in the house to call Adams Oshiomhole misinformed and/or deluded.
    egoigwe;250914 wrote:
    Well, he's clearly misinformed by using an average of 2.3 million barrels per day production in his calculation.
    wanaj0;250915 wrote:
    He is economical with the truth!

    After the supreme court declaration, no money was saved in the ECA again! The account was declared illegal. Plan was put in place to share what was left (this started with Soludo as CBN governor) and no money was added to the account.

    As per what happened to the difference between the budget benchmark and the actual crude price, check the supplementary budget appropriation every year:p

    The looting no get part 2!

    you guys should free my governor jo...he probably wrote the article while he was in a post coital trance...didn't you see that sister he married?:whistling:

    meanwhile is cape verde visa free for Nigerians?...I wan go find commodities to import:D


  • Re: State of the Nation Post #250916
    Posted at: 6:53 am, 28th May 2015
    by PETERICHY. SMN . Joined: 16th January 2013. Thanked 34 times.

    I watched the Grand House Reception for GEJ and was visibly moved by his humility and achievements. I knew how falsehoods were peddled against him and how the 'few owners' of this country who perceived that their 'Nigeria investment' was threatened, systematically distorted information in order to wrestle power back and indeed their 'investment'. We fell for their orchestrated anti-people mechanisms using their massive ill gotten wealth.

    I remembered what they did when you tried to end the petroleum subsidy scam. They misguided the people and today everybody is saying we should have listened . I read how much governors collected from the National coffers, how they fought against the establishment of the SOVEREIGN WEALTH FUND for the sake of future generations, how they insisted on completely sharing the excess crude account, and many more.

    I am just wondering if we would not live through the next four years in propaganda, lies and deceit. That even in the light of facts, the APC governors are still denying that the led the pack of rots in our polity.

    I just saw the data on states allocation from federation accounts and most of top ten went to APC states. The highest debts led by Lagos belong to APC states. Most states that cannot pay civil servants salaries are APC states, etc.

    I can't stop wondering.
    God bless NIGERIA!


  • Re: State of the Nation Post #250915
    Posted at: 6:17 am, 28th May 2015
    by wanaj0. SMN . Joined: 9th April 2007. Thanked 293 times.

    bamidele97;250913 wrote:
    I wouldn't put it past the spin doctors in the house to call Adams Oshiomhole misinformed and/or deluded.

    He is economical with the truth!

    After the supreme court declaration, no money was saved in the ECA again! The account was declared illegal. Plan was put in place to share what was left (this started with Soludo as CBN governor) and no money was added to the account.

    As per what happened to the difference between the budget benchmark and the actual crude price, check the supplementary budget appropriation every year:p

    The looting no get part 2!


  • Re: State of the Nation Post #250914
    Posted at: 6:13 am, 28th May 2015
    by egoigwe. SMN . Joined: 13th October 2012. Thanked 22 times.

    bamidele97;250913 wrote:
    I wouldn't put it past the spin doctors in the house to call Adams Oshiomhole misinformed and/or deluded.

    Well, he's clearly misinformed by using an average of 2.3 million barrels per day production in his calculation.


  • Re: State of the Nation Post #250913
    Posted at: 9:46 pm, 27th May 2015
    by bamidele97. SMN . Joined: 5th November 2010. Thanked 99 times.

    duduspace;250912 wrote:
    Economy: Okonjo-IwealaÂ’s Hidden Figures By Governor Adams Oshiomhole

    Thoughts and contributions please, anyone ready to speak up for Madam NOI on this ?

    I wouldn't put it past the spin doctors in the house to call Adams Oshiomhole misinformed and/or deluded.


  • Re: State of the Nation Post #250912
    Posted at: 9:33 pm, 27th May 2015
    by duduspace. SMN . Joined: 13th February 2007. Thanked 228 times.

    Economy: Okonjo-Iweala’s Hidden Figures By Governor Adams Oshiomhole

    Thoughts and contributions please, anyone ready to speak up for Madam NOI on this ?


  • Re: State of the Nation Post #250911
    Posted at: 9:24 pm, 27th May 2015
    by duduspace. SMN . Joined: 13th February 2007. Thanked 228 times.

    Django;250908 wrote:
    :D Don't be hoodwinked, Oga mii! :p Let's just say I'm a thoroughbred Ijebu Man! Besides, experience is the koko, regardless...

    BTW, the first truncation was military with ruling by fiat; whilst the second is democracy with due political process. Different dynamics, sir!

    Pardon my dear Oga Waan, he is still reeling from the electoral black eye and is having some difficulty differentiating between a coup and a smackdown in the elections.


  • Re: First Bank Plc Post #250910
    Posted at: 9:06 pm, 27th May 2015
    by Dicobody. SMN . Joined: 21st September 2009. Thanked 62 times.


  • Re: First Bank Plc Post #250909
    Posted at: 9:05 pm, 27th May 2015
    by Dicobody. SMN . Joined: 21st September 2009. Thanked 62 times.

    mercylicious;250897 wrote:
    You are right to an extent. If there is one thing I like abt first bank, its their infrastructure . their battery bank can back up for 7 days if not 14days. When they want to invest on infrastructure, dem no dey look uche face.:D

    http://www.nse.com.ng/Financial_NewsDocs/9921_FBN_HOLDINGS_PLC_CORPORATE_ACTIONS_MAY_2015.pdf


  • Re: State of the Nation Post #250908
    Posted at: 9:04 pm, 27th May 2015
    by Django. SMN . Joined: 28th February 2014. Thanked 40 times.

    waaan5;250904 wrote:
    ol boy! so you no follow us queue for 'esencos' (essential commodities) during the first truncation? no wonder your optimism at the second truncation.

    you be a very young male (no offense intended):)

    :D Don't be hoodwinked, Oga mii! :p Let's just say I'm a thoroughbred Ijebu Man! Besides, experience is the koko, regardless...

    BTW, the first truncation was military with ruling by fiat; whilst the second is democracy with due political process. Different dynamics, sir!


  • Re: State of the Nation Post #250907
    Posted at: 8:43 pm, 27th May 2015
    by duduspace. SMN . Joined: 13th February 2007. Thanked 228 times.

    waaan5;250906 wrote:
    maybe the two evil men can now allow due process take it's course :playingball:

    Bros Diaris God o....it is now 2 evil men responsible for this issue and not an evil man who started it all by dealing drugs in the US. :p


  • Re: State of the Nation Post #250906
    Posted at: 8:35 pm, 27th May 2015
    by waaan5. SMN Forum Moderator. Joined: 14th June 2007. Thanked 353 times.


    maybe the two evil men can now allow due process take it's course :playingball:


  • Re: State of the Nation Post #250905
    Posted at: 8:32 pm, 27th May 2015
    by waaan5. SMN Forum Moderator. Joined: 14th June 2007. Thanked 353 times.


  • Re: State of the Nation Post #250904
    Posted at: 8:19 pm, 27th May 2015
    by waaan5. SMN Forum Moderator. Joined: 14th June 2007. Thanked 353 times.

    Django;250899 wrote:
    ...conforming to an Ebola-like shock to the system! Remember, how our behavioral pattern changed drastically during the Ebola crisis - our handshaking greetings, our step-up hygiene etc, huh? :D That is the shock.... BTW, one of my egbons, just told me that when Buhari/Idiagbon were in power, there was queue everywhere cos of their top-down WAI directive, immediately IBB came on, the queue disappeared - folks reverted back to status quo! My bottom-up point exactly! Permanent change has to be bottom-up in this clime!

    ol boy! so you no follow us queue for 'esencos' (essential commodities) during the first truncation? no wonder your optimism at the second truncation.

    you be a very young male (no offense intended):)


  • Re: State of the Nation Post #250903
    Posted at: 8:10 pm, 27th May 2015
    by Django. SMN . Joined: 28th February 2014. Thanked 40 times.

    duduspace;250901 wrote:
    Oga mi, you are part of the Nigerian problem :p you keep saying an attempt is not a solution but then you refuse to proffer one (except one involving mass murder which is actually guaranteed to cause more problems than resolve anything as has been proven by a civil war and successive coups). :D

    On the Amaechi issue, I don't usually want to comment on issues where I don't have a lot of facts and detail but to be honest, asides from reportedly violating a court order (and I'm not in anyway supporting this if it is true), what exactly is wrong in Amaechi's actions ? also why should APC be the ones complaining about Amaechi's actions? particularly when the PDP has used Federal might against them in the state during other elections.

    What is the role of PDP as an opposing party ? what is the role of the courts and litigation ? Look Bros, people have got to pick their fights and its not everything I expect a people serving, well meaning government to involve themselves in or else they will expend their energies without achieving anything. I think the people (those of us who call ourselves enlightened and are thinking of solutions for this country) need to prioritise things and face those things that primarily affect us.

    Also Amaechi is leaving office anyway and Wike has said he will upturn everything Amaechi has done so let him do it when he gets there and let the courts that made the order Amaechi has flouted ensure any activities done in violation of their ruling be rendered null and void.

    Your concern about what is happening in Rivers State is however a valid one and I am glad that you're questioning the status quo of impunity by governors at the state level......I will never be a party supporting impunity even if for some reason, I am quiet on a given issue.

    I did, even if not explicitly :D.... See one of my posts below:
    Django;250899 wrote:
    ...conforming to an Ebola-like shock to the system! Remember, how our behavioral pattern changed drastically during the Ebola crisis - our handshaking greetings, our step-up hygiene etc, huh? :D That is the shock.... BTW, one of my egbons, just told me that when Buhari/Idiagbon were in power, there was queue everywhere cos of their top-down WAI directive, immediately IBB came on, the queue disappeared - folks reverted back to status quo! My bottom-up point exactly! Permanent change has to be bottom-up in this clime!

    ...and this:
    Quote:
    Maybe GMB if he can successfully get away from the corrupt, powerful people that brought him to power, then that would be the shock...


  • Re: State of the Nation Post #250902
    Posted at: 8:08 pm, 27th May 2015
    by waaan5. SMN Forum Moderator. Joined: 14th June 2007. Thanked 353 times.

    migiets;250898 wrote:
    Another teaser. I read in the media that it was Tinubu that received the President of Guinea at the airport. I do not understand what is going on anymore in this contraption.


    ol boy! i see am too. infact na two private citizens tinubu and ambode it was

    reported, received the guinean president on his official visit to nigeria. and the two did not say that a government (either state or federal) sent them to do this on the behalf of state. tinubu was even making promises of what he will do for africa :)

    juxterpose this to what amaechi is doing with local elections in total disregard of court ruling, and without a voters register from inec as mandated by law.

    and nobody is calling anybody to order. i think the 'bottoms-up' rule is already in motion. :viking:


  • Re: State of the Nation Post #250901
    Posted at: 8:03 pm, 27th May 2015
    by duduspace. SMN . Joined: 13th February 2007. Thanked 228 times.

    Django;250896 wrote:
    ...maybe in your sane UK environment, but in this 9ja forget it o, historically speaking! :D Maybe GMB if he can successfully get away from the corrupt, powerful people that brought him to power, then that would be the shock... But how? :confused: For teaser, just look at what Ameachi is cynically doing in Rivers with the local govt stuff just days to handover and the awkward silence from the "progressive" APC Ogas @ the top?? Just remember all these GMB enablers/investors/funders are no fools, they are keenly waiting for their returns (forget their progressive posturing) and have set booby traps for GMB just in case, just in case...:D

    Re. Top, currently there is serious mistrust between the few Ogas @ the top and folks @ the bottom owing to years of neglect by the top folks and their "no-send" posturing and building this trust back as to come from bottom-up - folks rising up to really embrace this new perceived trust, process it and adjust behaviorally. Just another dimension to this bottom-up issue! I don tire sha! :D

    Oga mi, you are part of the Nigerian problem :p you keep saying an attempt is not a solution but then you refuse to proffer one (except one involving mass murder which is actually guaranteed to cause more problems than resolve anything as has been proven by a civil war and successive coups). :D

    On the Amaechi issue, I don't usually want to comment on issues where I don't have a lot of facts and detail but to be honest, asides from reportedly violating a court order (and I'm not in anyway supporting this if it is true), what exactly is wrong in Amaechi's actions ? is he allowed by law to conduct elections or not ? also why should APC be the ones complaining about Amaechi's actions? particularly when the PDP has used Federal might against them in the state during other elections, at the very least Amaechi hasn't killed anyone yet has he ? neither has he ordered soldiers into the streets or otherwise harrased anybody with excessive force. He has also not violated the sanctity of a court premises with thugs unlike some people who are now coming to equity with very bloody hands.

    What is the role of PDP as an opposing party ? what is the role of the courts and litigation ? Look Bros, people have got to pick their fights and its not everything I expect a people serving, well meaning government to involve themselves in or else they will expend their energies without achieving anything. I think the people (those of us who call ourselves enlightened and are thinking of solutions for this country) need to prioritise things and face those things that primarily affect us.

    Also Amaechi is leaving office anyway and Wike has said he will upturn everything Amaechi has done so let him do it when he gets there and let the courts that made the order Amaechi has flouted ensure any activities done in violation of their ruling be rendered null and void. The only thing I personally do not want to see for now is anyone rolling out thugs or tanks into the streets to suppress the wishes of the people just because they have the power to do so.

    Your concern about what is happening in Rivers State is however a valid one (despite the fact that I don't currently see it as a priority due to the fact that worse things are happening elsewhere) and I am glad that you're questioning the status quo of impunity by governors at the state level......I will never be a party supporting impunity even if for some reason, I am quiet on a given issue. I will personally start to question Buhari when he is sworn in as President and he then refuses to obey court orders or substantive ruling on issues or doesn't do his best to ensure their enforcement without a partiality to persons.


  • Re: State of the Nation Post #250900
    Posted at: 7:51 pm, 27th May 2015
    by Django. SMN . Joined: 28th February 2014. Thanked 40 times.

    migiets;250898 wrote:
    Another teaser. I read in the media that it was Tinubu that received the President of Guinea at the airport. I do not understand what is going on anymore in this contraption.

    Na jealousy and fear of being sidelined by Buhari dey worry Tinubu o! :D He saw how Atiku as Buhari's representative (now GMB's Political Consigliere :D) went to SA to meet Zuma to lobby Adesina for AFDB's CEO and he also witnessed how Atiku stood in for Buhari at the last friday's Jumat Service for the incoming-govt; and he decided to appropriate power to himself by tulasi :D (like Ameachi is doing in Rivers trying to stall Wike's installation) by welcoming the Guinean President. Just teasing... :D but anyway, that was so so wrong protocol-wise!


  • Re: State of the Nation Post #250899
    Posted at: 7:45 pm, 27th May 2015
    by Django. SMN . Joined: 28th February 2014. Thanked 40 times.

    shams_dos;250893 wrote:
    I think you are both saying the same thing. Oga duduspace wants bottom up supervised by the Top... He just wants the top to come with clean hands... While oga django wants bottom up but just don't know or care who supervise it or na who/what cause the shock.

    I am more inclined towards duduspace top-bottom because if you leave it to Nigerians to start conforming just because??? -Any reason - you will wait forever.. We just have a way to adapt, there is just to much hope! Or you want take away the hope-better dey come? Then you go first ask the mosque and church to stop preaching.

    ...conforming to an Ebola-like shock to the system! Remember, how our behavioral pattern changed drastically during the Ebola crisis - our handshaking greetings, our step-up hygiene etc, huh? :D That is the shock.... BTW, one of my egbons, just told me that when Buhari/Idiagbon were in power, there was queue everywhere cos of their top-down WAI directive, immediately IBB came on, the queue disappeared - folks reverted back to status quo! My bottom-up point exactly! Permanent change has to be bottom-up in this clime!


  • Re: State of the Nation Post #250898
    Posted at: 7:10 pm, 27th May 2015
    by migiets. SMN . Joined: 1st March 2008. Thanked 218 times.

    Django;250896 wrote:
    ...maybe in your sane UK environment, but in this 9ja forget it o, historically speaking! :D Maybe GMB if he can successfully get away from the corrupt, powerful people that brought him to power, then that would be the shock... But how? :confused: For teaser, just look at what Ameachi is cynically doing in Rivers with the local govt stuff just days to handover and the awkward silence from the "progressive" APC Ogas @ the top?? Just remember all these GMB enablers/investors/funders are no fools, they are keenly waiting for their returns (forget their progressive posturing) and have set booby traps for GMB just in case, just in case...:D

    Re. Top, currently there is serious mistrust between the few Ogas @ the top and folks @ the bottom owing to years of neglect by the top folks and their "no-send" posturing and building this trust back as to come from bottom-up - folks rising up to really embrace this new perceived trust, process it and adjust behaviorally. Just another dimension to this bottom-up issue! I don tire sha! :D

    Another teaser. I read in the media that it was Tinubu that received the President of Guinea at the airport. I do not understand what is going on anymore in this contraption.


  • Re: First Bank Plc Post #250897
    Posted at: 6:45 pm, 27th May 2015
    by mercylicious. SMN . Joined: 30th January 2013. Thanked 17 times.

    migiets;250870 wrote:
    I do not use outdated banks. My bank has a backup electricity supply called Inverter or Solar. :)

    You are right to an extent. If there is one thing I like abt first bank, its their infrastructure . their battery bank can back up for 7 days if not 14days. When they want to invest on infrastructure, dem no dey look uche face.:D


  • Re: State of the Nation Post #250896
    Posted at: 6:45 pm, 27th May 2015
    by Django. SMN . Joined: 28th February 2014. Thanked 40 times.

    duduspace;250889 wrote:
    Na who dey propose idyllic solution that cannot happen now? :D
    I still insist, the problem is best tackled from the top.
    People usually shape up when they believe there are no sacred cows but I am in complete agreement that for it to be a permanent societal solution, there must be an acceptance at the grassroot/individual level that ethical behaviour is the best way to go although I should stress at this point that society can never really get rid of all its deviants :D i.e there will still be a policeman out on the streets collecting money, only that he might become a full blown armed robber in uniform, killing people to achieve his aims........I believe there will be a gradual acceptance of ethical behaviour at the grassroot/individual level of society with time but only when the top echelon of society are also held to the highest of standards and particularly when the savings in society from blocking the wastages from corruption trickle down to make life that little bit easier for the majority (as I believe even beneath all the greed that exists in Nigeria, there is a simple underlying desire to just be comfortable and some of the greed is fuelled by the fear of not having enough for tomorrow in a very tough society).......Nigerians dey suffer o, I no go lie. Those pictures of petroleum queues almost got me weeping in the past 2 weeks.......particularly when I can drive into almost any station at anytime and pick the hose, fill up my tank and pay with a debit card at any time over here without even having to talk to anyone if I don't want to.......those pictures just brought back bad memories of the Abacha times for me and the days of sucking leaded petrol with a pipe for my dad's Peugeot 504.

    ...maybe in your sane UK environment, but in this 9ja forget it o, historically speaking! :D Maybe GMB if he can successfully get away from the corrupt, powerful people that brought him to power, then that would be the shock... But how? :confused: For teaser, just look at what Ameachi is cynically doing in Rivers with the local govt stuff just days to handover and the awkward silence from the "progressive" APC Ogas @ the top?? Just remember all these GMB enablers/investors/funders are no fools, they are keenly waiting for their returns (forget their progressive posturing) and have set booby traps for GMB just in case, just in case...:D

    Re. Top, currently there is serious mistrust between the few Ogas @ the top and folks @ the bottom owing to years of neglect by the top folks and their "no-send" posturing and building this trust back as to come from bottom-up - folks rising up to really embrace this new perceived trust, process it and adjust behaviorally. Just another dimension to this bottom-up issue! I don tire sha! :D


  • Re: Unity Bank Post #250895
    Posted at: 6:21 pm, 27th May 2015
    by Django. SMN . Joined: 28th February 2014. Thanked 40 times.

    Oracle;250891 wrote:
    Read my post again. That was why I wrote that the stock is now a game for speculators. i.e. Yoyo!

    Of course, I decoded your post! And dividend is not only the ponmo you can chew on as an investor, you have other ponmos - like the price appreciation and savvy investors do position for that as well, not only traders. :D

    The bottom line - it's not really a speculators' market per se as you deduced. Of course we have speculators that do take positions and pray the market moves in their favor (like we have on this thread :D)! Nope! That's not my focus! My focus is on savvy market players who have done their homework (both traders and investors with short-term horizon) that do trade the fundamentals, trade the technicals as well as trade the sentiments. Mind you, it is not all investors that sit through price swings - some set their exit target and effect it sharpishly. :p

    Anyway, you heard the CEO spoke last week on the exchange about the bank's growth game plan re. dividend payment etc? That intent is good enough a catalyst for this current price action, amongst others 'cos market likes certainty and clarity. :cool:


  • Re: Great Nigeria Insurance Post #250894
    Posted at: 6:08 pm, 27th May 2015
    by Dicobody. SMN . Joined: 21st September 2009. Thanked 62 times.


  • Re: State of the Nation Post #250893
    Posted at: 6:08 pm, 27th May 2015
    by shams_dos. SMN . Joined: 17th May 2007. Thanked 43 times.

    duduspace;250892 wrote:
    Yes my brother, the change will definitely have to ultimately touch a critical mass of people but the spark has to come from somewhere and the top is where the most initial impact would be felt.
    Infact, a multipronged approach is even better. The important thing is that Change we must have.

    I think you are both saying the same thing. Oga duduspace wants bottom up supervised by the Top... He just wants the top to come with clean hands... While oga django wants bottom up but just don't know or care who supervise it or na who/what cause the shock.

    I am more inclined towards duduspace top-bottom because if you leave it to Nigerians to start conforming just because??? -Any reason - you will wait forever.. We just have a way to adapt, there is just to much hope! Or you want take away the hope-better dey come? Then you go first ask the mosque and church to stop preaching.


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