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Ivolt's Posts 535i2f

Ivolt's Posts

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ivolt: 8:41pm On Oct 11, 2024
Namaster:
This is just SEMANTICS to deceive ignorant people.

The reward for business/entrepreneurship is PROFIT. He may NOT be drawing wages but Covenant University is still a business that makes CRAZY profit.

The virtue-signalling is UNNECESSARY. Adds NOTHING to the conversation.

It's a WORLD-CLASS institution and the students pay DEARLY for it.

It's not a CHARITY.
It is actually a non-profit corporation.
Yes, it makes money but its purpose is not to make profit.

Many private schools are run same way, take Havard which has billions
of dollars in endowment. Did you know it is a non-profit corporation?

42 Likes 4 Shares

ivolt: 3:09pm On Oct 11, 2024
Eniitankorede:



Price differentials due to subsidy is the prime motivation for cross border smuggling of prtrol. Ask anybody on that.
No.
Price difference is the motivation, subsidy or no subsidy.
Yes, subsidy causes massive difference in price but as long as the players
can make profit, smuggling will continue.
ivolt: 10:06am On Oct 11, 2024
Eniitankorede:

There is no way petrol will be smuggled at 1200/litre to neighbouring countries. It is just not profitable.
How do you know smuggling petrol is not profitable?
Have you compared Nigeria and neighbouring countries' petrol prices?

Cement despite not being subsidized is smuggled heavily into neighbouring countries.

Stop believing the government's word without evidence.
There is more to smuggling than just subsidy.

1 Like 1 Share

ivolt: 9:14pm On Oct 10, 2024
Yusufisraelj:


The 2 billion FG gave was collected back.
FG never gave 2 billion.
If you mean the NNPC stake, that is not an incentive, it is an investment.
ivolt: 5:44pm On Oct 10, 2024
CodeTemplarr:
Vague praise to confuse more people into embracing village mindset.
A dogmatic mind cannot understand a complex lifestyle.

It is simplistic to reduce this to village vs non-village mindset.

6 Likes

ivolt: 5:29pm On Oct 10, 2024
underpinna:
In as much as the military will win the battle to a degree, they will incur huge damages too.
But, how on earth did Asari plan to contain the military?
Good a thing the military didn't act like spoiled brats to go on attack. But, Asari should be careful because something huge might just take him by surprise.
Nothing would happen.
Asari has been a mercenary for the government for a number of years now.
They likely see his comment as nothing but a bad joke.

He is just too pompous to maintain a low profile.

1 Like

ivolt: 4:39pm On Oct 10, 2024
Agugbadin:
Amaewhule defected to APC and then lied that he did not even when the evidence are clear. No intergrity,is this the same person that will be speaker of Rivers state house of assembly.
Do you have any evidence that he defected?
There are specific process for ing a new party.
Merely flashing party logos on camera doesn't make a person a member of the target party.

Even a baby lawyer knows this.

4 Likes

ivolt: 8:52am On Oct 09, 2024
CodeTemplarr:
Fact is not joke. Asides cheap dollar or forex, what did govt do?
What do you consider an incentive? Free money?

Its called official forex not cheap forex.
And it made a huge difference when the difference between official and black market was huge.
Also, massive import waivers of construction equipment all giving him up to 40% reduction in cost.

It isn't an accident that Emefiele became the unofficial spokesperson for the refinery, the then government
treated it like a government project.

1 Like 1 Share

ivolt: 8:46am On Oct 09, 2024
jaxxy:


Explain how NNPCL was the reason for fuel being cheap in the past after subsidy removal?
Subsidy is still in place till date.
The reason NNPC has been shrouded in secrecy is to hide the manner and how much is being
paid as subsidy. A lot of money that goes "missing" in NNPC is sunk into subsidy.

I believe the crude oil swap that should ordinarily end subsidy with NNPC pulling out as the sole buyer
may involve subsidy unless the detail of the agreement is made public.
ivolt: 4:12am On Oct 09, 2024
Okikiola2003:
I'm stuck in this situation too,I don't know what to do.
The guy is demanding for 80k before 12pm tomorrow .

I'm finishedđź’”
Did you send your nude to a fellow man?
That's double extortion weight on you.

Your best option is to report to the nearest police station.
ivolt: 1:35am On Oct 09, 2024
jaxxy:
Useless guess work and speculations everywhere even tho people have been buying it for 1100/1200 for a month now.

Dangote should be able to sell for 500 with NNPCL out of the way.
You fell for the anti-NNPC propaganda.
NNPC is the reason petrol was cheaper in the past.
With it out of the way, the rise in price will become permanent.

1 Like

ivolt: 1:31am On Oct 09, 2024
MT:
The Abuja high court made the determination using Nigeria constitution. If any state law clashes with the constitution, (I.e. runs contrary to the Nigeria constitution ) such state law is rendered null and void.

In this case, Lagos was trying to be half clever by testing the law. This was an affront to the Nigerian constitution which is supreme over all states law.

Lagos state should be dragged before the Supreme Court,
Not all legal pronouncements are about the constitution.
A lot of legal issues have nothing to do with the constitution for or against.

The Abuja order was based on the fact that Abuja has no law empowering the VIO officers to
operate outside their office.
Lagos has such law so it should be exempt.

It will be a different case if the constitution bars VIO from stop and search operations, it did not.
ivolt: 1:25am On Oct 09, 2024
We built the Dangote Refinery without a single incentive from the government. However, to achieve the vision of turning Nigeria into a refining hub, investors need to be incentivised
What kind of joke is this?

16 Likes 1 Share

ivolt: 6:17pm On Oct 08, 2024
Misleading news.
Airline operators are not fuel importers and distributors.
Keyanmo is claiming credit for market movement he didn't create.

14 Likes 2 Shares

ivolt: 2:50pm On Oct 08, 2024
This means SA won't get the of majority SADC countries.
Ramaphosa better start begging Tinubu for else the Zambian will have it.

1 Like 1 Share

ivolt: 9:00pm On Oct 07, 2024
Tinubu himself benefitted from technicalities when he was arraigned for false
asset declaration.

18 Likes 2 Shares

ivolt: 5:57pm On Oct 07, 2024
Krankhead:
Land that supposed to be used for Agriculture. Now will have to contribute money
Do you want to farm and can't find land?
Stop trying to dictate how a private business should run its affairs.

4 Likes

ivolt: 6:39pm On Oct 06, 2024
Haiti need a strong man or an extreme right wing leader.
Gangs only respect higher power, they don't care about the law.

12 Likes 1 Share

ivolt: 5:01pm On Oct 06, 2024
brain54:
How come only 650,000...?


The money seems small especially compared to the kind of wealth I imagined MKO had. This was one of the richest man I his era.

And why would his son Mumuni say he is struggling to survive? Even the Abiola name alone should open doors for him. Is he a mumu ni?

Something isn't right!
The 650K was the cash in his UK s.

While his wealth may have been exaggerated/misunderstood.
His assets are worth much more than the bank balance as wealthy businessmen deal with
small amount of cash.

The fight over his assets has nothing to do with this foreign will which is uncontested.

3 Likes 1 Share

ivolt: 8:21am On Oct 06, 2024
The mother killed her daughter all in the name of staying married by force.
What stops her from withdrawing the daughter back home after witnessing
such display of cruelty the first time?

5 Likes

ivolt: 5:54pm On Oct 05, 2024
Osiris12:
I sincerely wish for Donald Trump to win.
Israel running mad in Middle East, no go happen
grin grin
Under which rock do you reside?

Yes, Ukraine war will likely be ended through negotiations
but Trump is 100% behind Netanyahu.
In fact, there is a chance for US war with Iran should he win.

3 Likes

ivolt: 11:58am On Oct 05, 2024
Effect of too much Nollyhood and imaginations.
ivolt: 5:37pm On Oct 04, 2024
yes.
ivolt: 5:35pm On Oct 04, 2024
Enugurangers:
Gbam. So Russia s the Nigerian government 100%.
Yes, they also ed Niger Republic government 100% until the coup happened
and they showed where their real lies.
The cold war is here.
ivolt: 2:02pm On Oct 04, 2024
TenQ:

Your analysis is very much on point.

However, there is still this factor of irrationality especially from Iran as they see the extermination of Israel as their religious duty to do.
The irrationality is a myth spread by war-weary western thinktanks and opinion leaders.
As far as I know, even historically, no country leaders unanimously commits suicide based on
sheer ideology. Leaders, even religious ones are the most pragmatic people in the society.
The first question they usually ask is how can I survive this event, then followed by how can my
country/ers survive this.

Forget about sending foot soldiers and proxy militants to die as "martyrs".
Political leaders across the world tend not to attract mass-suicide events to themselves.
They only talk and act tough when they are not the one to die.


Secondly, I am not sure there is a standard protocol on ground for a nation choosing to use the nukes on another. What I am sure about is that if Iran uses the nukes, the West would prevail on Israel NOT retaliate with nukes.
There is no protocol but simple cause and effect.
Generally, the west will have no say.
Currently, only one western country has the clout to even make such demand, that is the US.
And to do that, it will have to offer Israel impossible deals that it cannot deliver.
If you think otherwise, tell what can be promised to Israel that will make it back off for revenge and miss a one in a century chance?


Thirdly, I think that Iran is technologically developed to build their own nukes if they have a prototype with which to copy. With the new friendship of Iran and Russia, this can be done under the radar of foreign intelligence.
A lot of countries have capabilities to produce nuke but they don't.
It is not about the technology, it is the advantage it offers.
As I said, Iran can make nukes quickly if it wants(it already has the technical know how to do it) but for political reasons still dragging its feet.



Finally, it certainly doesn't make sense for Iran to attack Israel with ballistic missiles like they recently did. Thus I wonder if Iran has "something else " we don't know about!
Otherwise, I seems it's a stupid mistake!
In the April attack, ballistic, cruise and drones were used. Only the ballistic missiles got through.
It makes all sense to attack with ballistic missiles this time. Iran is simply sending a message
that it can cause severe destruction. What would be a mistake is doing nothing.

Iran is like North Korea in geo politics, it needs to loudly announce its capabilities as deterrent to its enemies.
The day Iran has nukes, it will make a very loud announcement.
But as I said, such nukes only confer an advantage that no country will invade Iran and non-nuclear state will be fearful of going against it but the nukes cannot be used against another nuclear armed state.
Should that happen, all bets are off.

2 Likes 1 Share

ivolt: 7:15am On Oct 04, 2024
Your last statement if followed will be a suicide move.
There is a reason why no nuclear armed state has nuked another nuclear armed state till date.
It is because the reaction cannot be predicted.
What if a country attacks with 2 nukes and the other respond with 20 thus effectively destroying
a second chance at retaliation?

Iran's case is more precarious because even if it nukes all of Israel,
it will face utter destruction at the hands of the US.
So, there is no way it comes out on top.
If it nukes only a part of Israel, then it risks Israel nuking all its major
and strategic cities.
Essentially suicide move either way.

I don't believe Iran has nukes, because it can't keep secrets due to espionage and
strong divisions within the country.
It is not about how fast it can acquire nuke but the usefulness of such acquisitions.
Some reports says, Iran can develop nukes if it wants within a few weeks.

As for Russia , Russia will not Iran in a war that may involve direct
conflict with the west or Israel because it also has a lot to lose.

A nuke for Iran will enable it to avoid being invaded, but it won't help it go on offensive
against another nuclear armed state.

8 Likes 1 Share

ivolt: 7:00am On Oct 04, 2024
The speaker wants to preserve his position and political future.
There is neither loyalty not ideology in Nigeria's party system.

8 Likes 1 Share

ivolt: 6:52am On Oct 04, 2024
festacman:
In the first place, Bobrisky wasn't supposed to be any where near prison on of spraying Naira. If Cubana Chief Priest didn't go to prison, then it was an act of grace injustice for Bobrisky to have been sent to prison.

By the way, there are other reasons for which he may have been prosecuted which are overlooked.

At the end of the day, the lesson of the Bobrisky avoidable 'cho cho Cho' is that some secrets are meant to be taken to the grave.

When making a submission, you should qualify your statement as a personal opinion and
not the position of the law. Because your advise could land people in jail based on ignorance.
That other people avoided jail term doesn't mean the next person would be lucky.

Every country has set of unenforced or weakly enforced laws, that have being in existence
for decades.
Under the right circumstance, a suspect will be the first to be tried and convicted
under such law.

Bobrisky was legally convicted and thrown in jail, so he has every business of being in prison.

24 Likes 1 Share

ivolt: 7:59pm On Oct 03, 2024
Kwankwaso can't fool us.
He is deeply in bed with the current government and would
also repeat his spoiler role in 2027.

14 Likes 2 Shares

ivolt: 6:58pm On Oct 03, 2024
She's one lucky fellow.
Imagine spending 10 years in captivity.
This reminds me of our own Chibok girls(now women) still in captivity.
Not forgetting Leah Sharibu too.

1 Like

ivolt: 6:05pm On Oct 02, 2024
Very foolish statement.
In desperate attempt to look tough on immigration and bolster her political image, she has labelled
herself an extremist just to whitewash her immigrant origin.

Despite this, she may still lose the Tory leadership.

11 Likes

ivolt: 4:29pm On Oct 02, 2024
Infotubia9ja:

What happened was that monthly loan return payment reduces by half, but In turn, intrest rate increased due to additional time added to loan repayment. And by so doing, he was able to secure more loans on top the one Nigeria was owing. Now this is a very bad thing for Nigeria because we now owe what we don't have and every Nigerian yet unborn for the next 10 generations will be paying the loan bola tinubu and buhari took.

This is very great for Tinubu, after all, he only has 8 years while the lone
continues into the future.

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