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Re: Treasury Bills In Nigeria by ojesymsym: 12:12pm On Oct 31, 2020
Lo.... Humans are never that logical. Emotions always rule.

Let's even leave the big stage and go down to the family level. Many families always at least that one member of the family who does not believe he has to do anything with strong entitlement mentality. Even when you train such a person, give him job, set up business for the person, when they fail in all of this and you decide to deny them any further help, you will find yourself been blackmailed by the society and other members of the family especially if you are doing well. You will start hearing things like, blood is thicker than water, you can never abandon your blood etc.
You will have to be really strong not to give in. Cascade this to the larger society and you will understand the challenges.
Without a proper mindset change, it is not going to be easy.
TransAtlanticEx:
Do you know what revolution is?
People taking up arms to rise against a government and you say I shouldn't give them the same measure?
The only reason the military is being questioned now for the lekki shooting is because the protesters were termed "peaceful" at that toll gate.
No one can say anything if the protesters were armed,violent and anarchious.
If I was in power and wanted to disperse that protest,I'd put armed thugs in the crowd and make them fire first,with lights and CCTV on.
Then the protesters will be termed violent so the military can unleash terror on them,its common sense.

3 Likes

Re: Treasury Bills In Nigeria by topsquino(m): 12:14pm On Oct 31, 2020
TransAtlanticEx:
Do you know what revolution is?
People taking up arms to rise against a government and you say I shouldn't give them the same measure?
The only reason the military is being questioned now for the lekki shooting is because the protesters were termed "peaceful" at that toll gate.
No one can say anything if the protesters were armed,violent and anarchious.
If I was in power and wanted to disperse that protest,I'd put armed thugs in the crowd and make them fire first,with lights and CCTV on.
Then the protesters will be termed violent so the military can unleash terror on them,its common sense.

You've truly mastered the art of propaganda

3 Likes

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:18pm On Oct 31, 2020
ojesymsym:
Lo.... Humans are never that logical. Emotions always rule.

Let's even leave the big stage and go down to the family level. Many families always at least that one member of the family who does not believe he has to do anything with strong entitlement mentality. Even when you train such a person, give him job, set up business for the person, when they fail in all of this and you decide to deny them any further help, you will find yourself been blackmailed by the society and other members of the family especially if you are doing well. You will start hearing things like, blood is thicker than water, you can never abandon your blood etc.
You will have to be really strong not to give in. Cascade this to the larger society and you will understand the challenges.
Without a proper mindset change, it is not going to be easy.
Some of us don't really care how people feel or what they say,so long as what we are doing is for the greater good.
I don't like people that are valueless around me,you can be poor,no problem but not lack value.
Taxi drivers have value,they are the reason most people are able to commute.
Truck drivers stay up all night so that you can see bread in the morning,that's value.
They are not rich,yes.But they offer value to this society and are part of the reason for the successes of the nation.
Dangote will be nobody today without all those his drivers.
But you see all these instagram children ehn,when I'm done dealing with them,body go tell them.

11 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 12:25pm On Oct 31, 2020
You are right about people who have values and are hardworking. As for those who sit back and do nothing, I have nothing to say to them.
The last guy (Desmond Eliot) to call people children has been crying and begging on TV o. I know say if na you, rather than cry you go even downgrade am to enfants.

TransAtlanticEx:
Some of us don't really care how people feel or what they say,so long as what we are doing is for the greater good.
I don't like people that are valueless around me,you can be poor,no problem but not lack value.
Taxi drivers have value,they are the reason most people are able to commute.
Truck drivers stay up all night so that you can see bread in the morning,that's value.
They are not rich,yes.But they offer value to this society and are part of the reason for the successes of the nation.
Dangote will be nobody today without all those his drivers.
But you see all these instagram children ehn,when I'm done dealing with them,body go tell them.
Re: Treasury Bills In Nigeria by ultron12345: 12:32pm On Oct 31, 2020
ahiboilandgas:
core capitalist..u where Making sense as a ruthless capitalist untill u scatter everthing with abuses.....lets have a mix economy a Good public school,some very sharp brains might the discovered from the humble crew........i witness such achievement when a fomer govt established a special science school in the 1980 and everbody inrespctive of economic background was admitted base on High i.q .....the result it still felt up to today all top engineers , doctors and scientists found in the region are primary from those schools.......prominent among them is professor sarki abba a leading cancer researcher in the USA.....whos father was a shoe maker .....

My opinion on this is that the only the government should be funding is basic education (primary and secondary schools only. Universities must be paid for, though a limited amount of scholarships should be available for extremely intelligent students to attend them. I rather have just 10 excellently trained engineers than 1000 useless dumb ones), healthcare (paid for through a special healthcare tax charged on all income) , defence/security and internal roads. Every other thing should be given off to the private sector, airports, airlines, interstate expressways, water supply, power supply, telecoms, should all be handled by the private sector.

1 Like

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:32pm On Oct 31, 2020
ojesymsym:
You are right about people who have values and are hardworking. As for those who sit back and do nothing, I have nothing to say to them.
The last guy (Desmond Eliot) to call people children has been crying and begging on TV o. I know say if na you, rather than cry you go even downgrade am to enfants.

I know desmond is not sorry for what he said,he is only crying for his political career he thinks he would lose.
And I think he is not a very smart man but an emotional guy,else why would I need to cry to prove what for people that don't even vote?
You think these people on social media are the voters? grin
The voters are those poor people you see in somolu,bariga,coconut,koko,etc..who always don't have phones or use torchlight or if at all they can afford to buy a second hand chinese phone with broken screen,of course they can't buy data.
So what do I stand to gain from these losers so much so that I'd come and cry for them? undecided
I will only please my godfathers so that when the time comes,they bring out the funds,buy the votes,I return the favour to my godfathers(power brokers) while those bastard children continue wailing on Instagram.
It's that simple really.

1 Like

Re: Treasury Bills In Nigeria by ojesymsym: 12:33pm On Oct 31, 2020
Most feasibility studies in Nigeria always return persimistic recommendations as a failsafe measure not to be told their feasibility study was poorly done.
Vodafone would have been in the Nigerian market today but because their feasibility study told them.most Nigerians are poor and cannot afford the GSM they refused to invest. Today Mtn and co are reaping the benefits.

Back to hospitals, I still think it is doable. Most hospitals do not have all those consultants on ground, rather they are scheduled on appointments, so the main cost will be on equipment and resident doctors.
These hospitals can put a layer of payment between them and the patients by using insurance companies. I don't think anyone uses this model. Insurance companies take over payments of the patients while they in turn pursue those who need to be pursued.
Lazyyouth4u:

I am guessing you are talking about world class tertiary care (specialist) hospitals like what we find in developed countries. The answer is huge capital outlays and high running costs that can eat all the hospitals revenues. To build a 50 to 100 bed world class specialist hospital, location is key. For Lagos, you are looking at areas that are accessible to the wealthy that can afford the services so we are talking Ikoyi, VI, Lekki, Ikeja and maybe Yaba and Surulere. Land doesn’t come cheap. Specialist equipment are very expensive and get obsolete very quickly so you need lots of cash for frequent replacements. You will need to hire world standard specialists and surgeons to relocate and live in a ‘shit hole’ like Naija. Their salary requirements, accommodation costs and benefits/allowances in USD are huge. Don’t forget security costs and generator/fuel costs as you need 247 electricity. Also, you need to set aside lots of cash to run the hospital and pay huge salaries in fx to your expatriate doctors and specialists while the hospital’s patient base ramps up to break-even levels. We are talking at least USD25m to USD50m here.

By the time you put all these into consideration, some patients will find it cheaper to just travel to India for their procedures because the fees charged in Naija will be huge due to the high running costs. Then you have the poor members of the churches (and the public) that require specialist care that the hospital cannot afford to turn back for reputational reasons. Put all these into consideration and you are staring at huge losses.

Many of these organizations have carried feasibility studies and due diligence on these projects but changed their minds last minute due to concerns around commercial viability. For example, a couple of years ago, AXA Mansard planned to build a 150 room world class specialist hospital and even received debt and equity financing from local and international organizations like IFC, Africa Capital Alliance PE fund and ADB. But I don’t think this worked out as I haven’t heard anything about the project in a long time.

There is a huge demand for specialist care and there are some decent and semi decent specialist hospitals scattered around Lagos but these are in no way comparable to what you will find in developed countries. I believe we will see these as soon as the cost of doing business in Nigeria drops.
Re: Treasury Bills In Nigeria by ojesymsym: 12:37pm On Oct 31, 2020
ASUU go fight you if they are this your recommendations
ultron12345:


My opinion on this is that the only the government should be funding is basic education (primary and secondary schools only. Universities must be paid for, though a limited amount of scholarships should be available for extremely intelligent students to attend them), healthcare (paid for through a special healthcare tax charged on all income) , defence/security and internal roads. Every other thing should be given off to the private sector, airports, airlines, interstate expressways, water supply, power supply, telecoms, should all be handled by the private sector.
Re: Treasury Bills In Nigeria by Nobody: 12:38pm On Oct 31, 2020
ojesymsym:
Lo.... Humans are never that logical. Emotions always rule.

Let's even leave the big stage and go down to the family level. Many families always at least that one member of the family who does not believe he has to do anything with strong entitlement mentality. Even when you train such a person, give him job, set up business for the person, when they fail in all of this and you decide to deny them any further help, you will find yourself been blackmailed by the society and other members of the family especially if you are doing well. You will start hearing things like, blood is thicker than water, you can never abandon your blood etc.
You will have to be really strong not to give in. Cascade this to the larger society and you will understand the challenges.
Without a proper mindset change, it is not going to be easy.

Meanwhile in sane climates. The middle class fight for the poor

Most African males are despotic dictators in the making.

Yes extreme capitalism and industrialisation is the way out, but some sector's have to be left with the government.


Africans are just extremists, nothing like middle ground.

1 Like

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:39pm On Oct 31, 2020
ojesymsym:
ASUU go fight you if they are this your recommendations
There would be no ASUU if this happens in the first place.
You want go tell private owner say you want strike? grin grin
That's the day you get fired cheesy

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 12:44pm On Oct 31, 2020
TransAtlanticEx:
You cannot revolt in my territory.You can protest peacefully not revolt.
How do I do this?By making the military and security forces attractive and very well equipped.
All this funds will come from the money wasting sectors I will crush to pieces,such as subsidy,eduction,health and the rest.
Humans are eccentric in nature and trust me,when I give the military personnel a deal of good salary(400k+) as basic salary,free healthcare in military hospitals for them and their immediate family,and free good schools for their children,trust me they will defend my agenda with their lives and make sure no bastard masses take away what I am giving them with their bullshit entitlement mentality.
So if you revolt,sorry is your name.


Hates the masses

Want's currency devaluation but doesn't understand there's a knowledge gap that needs to close to take advantage of capitalism and a devalued currency.

Believes in capitalism but doesn't understand history and economics.

Extremely short sighted without any tolerance for alternative views.


Sincerely a dictator .

15 Likes

Re: Treasury Bills In Nigeria by Olaide1295: 12:53pm On Oct 31, 2020
TransAtlanticEx:
You cannot revolt in my territory.You can protest peacefully not revolt.
How do I do this?By making the military and security forces attractive and very well equipped.
All this funds will come from the money wasting sectors I will crush to pieces,such as subsidy,eduction,health and the rest.
Humans are eccentric in nature and trust me,when I give the military personnel a deal of good salary(400k+) as basic salary,free healthcare in military hospitals for them and their immediate family,and free good schools for their children,trust me they will defend my agenda with their lives and make sure no bastard masses take away what I am giving them with their bullshit entitlement mentality.
So if you revolt,sorry is your name.
Core capitalist. Pay soldiers 400k+ per month and they won’t go to war anymore.
They’d rather stay at home and enjoy fat salary. Moderation and shared vision is important

1 Like

Re: Treasury Bills In Nigeria by ultron12345: 12:53pm On Oct 31, 2020
ojesymsym:
ASUU go fight you if they are this your recommendations

Which ASUU?
ASUU that I will break up in the first week if I am president.
How can employees be dictating to their employers? If they don't like their employers policies, then they can resign. Do they try this rubbish at private universities?

Give a live broadcast
Tell all ASUU members to report back to work the next Monday.
Give all ASUU executives at the national, state, and university levels 48hrs to publicly resign from their ASUU positions and denounce the union.
Tell them that those that fail to report back to work (without good reason) and executives that fail to resign will be sacked and sanctioned in the following ways. Passports seized or rendered invalid. Their bank accounts will be frozen. They will be forever blacklisted from working at any government owned institution in Nigeria, be it federal or state. Any state that goes against this and employs any blacklisted staff will be made to forfeit their monthly allocation. The blacklist will also extend to the private sector. Any private entity that employs them will be sanctioned. If you as a bank employment then, then get ready to say goodbye to all government accounts and funds in your bank. If you as a construction company or auditing firm hire them, get then say goodbye to government contracts. Not only will government business be taken away from such private firms, government business will also be taken away from other private firms that patronize these sanctioned private firms. The DSS can even get involved to make ASUU top executives start "disappearing" and getting "kidnapped by unknown gunmen"

3 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 12:56pm On Oct 31, 2020
Chaiii... You even worse pass transatlantic.
ultron12345:


Which ASUU?
ASUU that I will break up in the first week if I am president.
How can employees be dictating to their employers? If they don't like their employers policies, then they can resign. Do they try this rubbish at private universities?

Give a live broadcast
Tell all ASUU members to report back to work the next Monday.
Give all ASUU executives at the national, state, and university levels 48hrs to publicly resign from their ASUU positions and denounce the union.
Tell them that those that fail to report back to work (without good reason) and executives that fail to resign will be sacked and sanctioned in the following ways. Passports seized or rendered invalid. Their bank accounts will be frozen. They will be forever blacklisted from working at any government owned institution in Nigeria, be it federal or state. Any state that goes against this and employs any blacklisted staff will be made to forfeit their monthly allocation. The blacklist will also extend to the private sector. Any private entity that employs them will be sanctioned. If you as a bank employment then, then get ready to say goodbye to all government accounts and funds in your bank. If you as a construction company or auditing firm hire them, get then say goodbye to government contracts. Not only will government business be taken away from such private firms, government business will also be taken away from other private firms that patronize these sanctioned private firms. The DSS can even get involved to make ASUU top executives start "disappearing" and getting "kidnapped by unknown gunmen"

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 12:57pm On Oct 31, 2020
ultron12345:


Which ASUU?
ASUU that I will break up in the first week if I am president.
How can employees be dictating to their employers? If they don't like their employers policies, then they can resign. Do they try this rubbish at private universities?

Give a live broadcast
Tell all ASUU members to report back to work the next Monday.
Give all ASUU executives at the national, state, and university levels 48hrs to publicly resign from their ASUU positions and denounce the union.
Tell them that those that fail to report back to work (without good reason) and executives that fail to resign will be sacked and sanctioned in the following ways. Passports seized or rendered invalid. Their bank accounts will be frozen. They will be forever blacklisted from working at any government owned institution in Nigeria, be it federal or state. Any state that goes against this and employs any blacklisted staff will be made to forfeit their monthly allocation. The blacklist will also extend to the private sector. Any private entity that employs them will be sanctioned. If you as a bank employment then, then get ready to say goodbye to all government accounts and funds in your bank. If you as a construction company or auditing firm hire them, get then say goodbye to government contracts. Not only will government business be taken away from such private firms, government business will also be taken away from other private firms that patronize these sanctioned private firms. The DSS can even get involved to make ASUU top executives start "disappearing" and getting "kidnapped by unknown gunmen"

Trash

4 Likes

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:59pm On Oct 31, 2020
Olaide1295:

Core capitalist. Pay soldiers 400k+ per month and they won’t go to war anymore.
They’d rather stay at home and enjoy fat salary. Moderation and shared vision is important
You think the military is boy scout abi wetin?
Why do you think they live in barracks?
These values will always be there irrespective of salary because it is a "chain of command" organisation where a soldier don't own himself wink
Besides,there are consequences for revolt or disobeying order in the military,it is called mutiny and it has dare consequences. cheesy
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:02pm On Oct 31, 2020
ultron12345:


My opinion on this is that the only the government should be funding is basic education (primary and secondary schools only. Universities must be paid for, though a limited amount of scholarships should be available for extremely intelligent students to attend them. I rather have just 10 excellently trained engineers than 1000 useless dumb ones), healthcare (paid for through a special healthcare tax charged on all income) , defence/security and internal roads. Every other thing should be given off to the private sector, airports, airlines, interstate expressways, water supply, power supply, telecoms, should all be handled by the private sector.
health care should be through a universal health insurance debited through our recharge cards example if i reachage 100 I will get 90 then 10 naira remited to the National insurance fund ..imagine that x 80m lines ....this funds will be use to provide certain health service and to open a heath development bank to fiance buiding and operation of Large hospitals at very low interest....

11 Likes 2 Shares

Re: Treasury Bills In Nigeria by Nobody: 1:04pm On Oct 31, 2020
Africans over complicate issues, for any society to work, you must pay people from top to bottom. Simple

Everything else will fall into place.

You want to make the same returns as the capitalist west, then invest in human capital.

3 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 1:06pm On Oct 31, 2020
Mtn Gross over 1 trillion Naira.....imagine if 10 percent of this sum is remited to National health insurance funds managed by the private sector held in the cbn .......enterprenures will now acess this sum at 2 percent to build Large hospital similar to one in India...economy of scale will bring down cost of operation...and client can now use their phone number and bnv to acess healthcare in several categories based on your contribution.......we have a heathly population.....

8 Likes

Re: Treasury Bills In Nigeria by ultron12345: 1:15pm On Oct 31, 2020
TransAtlanticEx:
Do you know what revolution is?
People taking up arms to rise against a government and you say I shouldn't give them the same measure?
The only reason the military is being questioned now for the lekki shooting is because the protesters were termed "peaceful" at that toll gate.
No one can say anything if the protesters were armed,violent and anarchious.
If I was in power and wanted to disperse that protest,I'd put armed thugs in the crowd and make them fire first,with lights and CCTV on.
Then the protesters will be termed violent so the military can unleash terror on them,its common sense.

God bless you.
All this is exactly what the DSS is supposed to be doing, and not these petty jobs politicians use to bring them down so low. Those protests should have been infiltrated right from the beginning. Undercover DSS agents could have done that job.

If you try to make everyone happy, you won't get anywhere. That is one reason why China has developed so quickly, they do what needs to be done, they no dey look anybody face.

Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity.

Democracy does not work. If you are flying in an airplane, how would you want the pilot to be selected? By experts in the aviation industry or by just any random set of people. Of course you'll pick the former over the latter. Why then do we all just any random set of people select who leads society. How can any random set of people select any random person to manage an economy worth hundreds of millions of dollars? Even a $1M revenue per year company won't be that reckless. It will last last lead to demagogury. Telling the masses what they want to hear.
.
We need to increase the requirements needed to vote in our elections. An illiterate cannot decide for society.

If a doctor and a bar owner are competing elections for example. The bar owner will say "don't vote for the doctor. He gives bitter liquids to drink, painful injections, causes you suffering, tells you not to eat and drink whatever you want to eat and drink. Vote for me and we will have massive feasts everyday". How do you expect the doctor to reply to this "I did all those things in order to help you". Imagine the outrage such response would cause, even though he's actually right. They'll eventually Elect. the bar owner, and then all get sick and die. But if only sensible people were allowed to vote, they'll have seen through the sugar coated promises of the bar owner and gone for the doctor.

Majority of the time, the masses so not know what is good for them. So therefore, those who know what is good must do it by force.

That is how some foolish Nigerians were celebrating Buharis promise to make N1=$1. Sensible people would have known it wasn't sustainably possible, and even if it was, it won't actually be a good thing. But no, the masses were clapping and cheering. Anyone who tries to talk about the viability of such promise would be called enemy of progress.

14 Likes 1 Share

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:15pm On Oct 31, 2020
ahiboilandgas:
Mtn Gross over 1 trillion Naira.....imagine if 10 percent of this sum is remited to National health insurance funds managed by the private sector held in the cbn .......enterprenures will now acess this sum at 2 percent to build Large hospital similar to one in India...economy of scale will bring down cost of operation...and client can now use their phone number and bnv to acess healthcare in several categories based on your contribution.......we have a heathly population.....
This will not go round because some same people use mtn services repeatedly than others and account for over 80% of that turnover.
That is some consume 500k worth of mtn services while others,especially abokis in the north consume 100 naira a month.
How do you balance this scenario?
You will still see that some will be able to access it while others can't cheesy
Why not just say;pay your Bill's,if you perish you perish undecided
Re: Treasury Bills In Nigeria by Nobody: 1:17pm On Oct 31, 2020
ahiboilandgas:
Mtn Gross over 1 trillion Naira.....imagine if 10 percent of this sum is remited to National health insurance funds managed by the private sector held in the cbn .......enterprenures will now acess this sum at 2 percent to build Large hospital similar to one in India...economy of scale will bring down cost of operation...and client can now use their phone number and bnv to acess healthcare in several categories based on your contribution.......we have a heathly population.....

Want to expand the economy, make credit cheap.

There's no need for a private sector entity to be funding the health care, that should be funded by taxes. What if the business fails?


Cheap credit , tax funds education and health, industries would create employment opportunities, but the government must ensure there are employable graduates.

A simple circle of development.

No complex solutions
Re: Treasury Bills In Nigeria by ojesymsym: 1:18pm On Oct 31, 2020
Why would you want to punish a company because they are making profit. This won't fly.
The national insurance scheme has to be expanded in some way, but that will mean having a strong database
ahiboilandgas:
health care should be through a universal health insurance debited through our recharge cards example if i reachage 100 I will get 90 then 10 naira remited to the National insurance fund ..imagine that x 80m lines ....this funds will be use to provide certain health service and to open a heath development bank to fiance buiding and operation of Large hospitals at very low interest....
Re: Treasury Bills In Nigeria by ojesymsym: 1:21pm On Oct 31, 2020
Hmmmm. Democracy is like popularity contest and not based on track record of having handled multi million naira not to talk of multi billion USD. Hmmmm
ultron12345:


God bless you.
All this is exactly what the DSS is supposed to be doing, and not these petty jobs that bring them down so low.

If you try to make everyone happy, you won't get anywhere. That is one reason why China has developed so quickly, they do what needs to be done, they no dey look anybody face.

Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity.

Democracy does not work. If you are flying in an airplane, how would you want the pilot to be selected? By experts in the aviation industry or by just any random set of people. Of course you'll pick the former over the latter. Why then do we all just any random set of people select who leads society. How can any random set of people select any random person to manage an economy worth hundreds of millions of dollars? Even a $1M revenue per year company won't be that reckless. It will last last lead to demagogury. Telling the masses what they want to hear.
.
We need to increase the requirements needed to vote in our elections. An illiterate cannot decide for society.

If a doctor and a bar owner are competing elections for example. The bar owner will say "don't vote for the doctor. He gives bitter liquids to drink, painful injections, causes you suffering, tells you not to eat and drink whatever you want to eat and drink. Vote for me and we will have massive feasts everyday". How do you expect the doctor to reply to this "I did all those things in order to help you". Imagine the outrage such response would cause, even though he's actually right. They'll eventually Elect. the bar owner, and then all get sick and die. But if only sensible people were allowed to vote, they'll have seen through the sugar coated promises of the bar owner and gone for the doctor.

Majority of the time, the masses so not know what is good for them. So therefore, those who know what is good must do it by force.

That is how some foolish Nigerians were celebrating Buharis promise to make N1=$1. Sensible people would have known it wasn't sustainably possible, and even if it was, it won't actually be a good thing. But no, the masses were clapping and cheering. Anyone who tries to talk about the viability of such promise would be called enemy of progress.
Re: Treasury Bills In Nigeria by iboboyswag(m): 1:21pm On Oct 31, 2020
ultron12345:


God bless you.
All this is exactly what the DSS is supposed to be doing, and not these petty jobs that bring them down so low.

If you try to make everyone happy, you won't get anywhere. That is one reason why China has developed so quickly, they do what needs to be done, they no dey look anybody face.

Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity.

Democracy does not work. If you are flying in an airplane, how would you want the pilot to be selected? By experts in the aviation industry or by just any random set of people. Of course you'll pick the former over the latter. Why then do we all just any random set of people select who leads society. How can any random set of people select any random person to manage an economy worth hundreds of millions of dollars? Even a $1M revenue per year company won't be that reckless. It will last last lead to demagogury. Telling the masses what they want to hear.
.
We need to increase the requirements needed to vote in our elections. An illiterate cannot decide for society.

If a doctor and a bar owner are competing elections for example. The bar owner will say "don't vote for the doctor. He gives bitter liquids to drink, painful injections, causes you suffering, tells you not to eat and drink whatever you want to eat and drink. Vote for me and we will have massive feasts everyday". How do you expect the doctor to reply to this "I did all those things in order to help you". Imagine the outrage such response would cause, even though he's actually right. They'll eventually Elect. the bar owner, and then all get sick and die. But if only sensible people were allowed to vote, they'll have seen through the sugar coated promises of the bar owner and gone for the doctor.

Majority of the time, the masses so not know what is good for them. So therefore, those who know what is good must do it by force.

That is how some foolish Nigerians were celebrating Buharis promise to make N1=$1. Sensible people would have known it wasn't sustainably possible, and even if it was, it won't actually be a good thing. But no, the masses were clapping and cheering. Anyone who tries to talk about the viability of such promise would be called enemy of progress.

God would bless you even more. I was speaking with someone recently and this was exactly what was on the table.

Critically, the structure of elections for us as a country would cause us to continue on this path of mediocrity in leadership just because of some sentimental voting pattern of the majority of the people.

Even the United States which is seen as the bedrock of modern democracy still have a failsafe mechanism to checkmate any charlatan aspiring to the highest office in the land... The Electoral College!

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Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:22pm On Oct 31, 2020
ultron12345:


God bless you.
All this is exactly what the DSS is supposed to be doing, and not these petty jobs that bring them down so low.

If you try to make everyone happy, you won't get anywhere. That is one reason why China has developed so quickly, they do what needs to be done, they no dey look anybody face.

Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity.

Democracy does not work. If you are flying in an airplane, how would you want the pilot to be selected? By experts in the aviation industry or by just any random set of people. Of course you'll pick the former over the latter. Why then do we all just any random set of people select who leads society. How can any random set of people select any random person to manage an economy worth hundreds of millions of dollars? Even a $1M revenue per year company won't be that reckless. It will last last lead to demagogury. Telling the masses what they want to hear.
.
We need to increase the requirements needed to vote in our elections. An illiterate cannot decide for society.

If a doctor and a bar owner are competing elections for example. The bar owner will say "don't vote for the doctor. He gives bitter liquids to drink, painful injections, causes you suffering, tells you not to eat and drink whatever you want to eat and drink. Vote for me and we will have massive feasts everyday". How do you expect the doctor to reply to this "I did all those things in order to help you". Imagine the outrage such response would cause, even though he's actually right. They'll eventually Elect. the bar owner, and then all get sick and die. But if only sensible people were allowed to vote, they'll have seen through the sugar coated promises of the bar owner and gone for the doctor.

Majority of the time, the masses so not know what is good for them. So therefore, those who know what is good must do it by force.

That is how some foolish Nigerians were celebrating Buharis promise to make N1=$1. Sensible people would have known it wasn't sustainably possible, and even if it was, it won't actually be a good thing. But no, the masses were clapping and cheering. Anyone who tries to talk about the viability of such promise would be called enemy of progress.
Leave them to be talking trash.
Democracy can never work as the masses are too daft here.
They don't know what they want and how yo go about it.
We need hard men to lead this country,all these rubbish institutions as NLC,ASUU,NUPENG and co can be ended or silenced.
It's very easy.
No one should be let to hold a nation to ransom,no one!
They are still here that support the artificial valuation of the naira,like that coconut head up there hiding in Canada.
I don't bother with them no more.
Re: Treasury Bills In Nigeria by maishai: 1:25pm On Oct 31, 2020
TransAtlanticEx:
You cannot revolt in my territory.You can protest peacefully not revolt.
How do I do this?By making the military and security forces attractive and very well equipped.
All this funds will come from the money wasting sectors I will crush to pieces,such as subsidy,eduction,health and the rest.
Humans are eccentric in nature and trust me,when I give the military personnel a deal of good salary(400k+) as basic salary,free healthcare in military hospitals for them and their immediate family,and free good schools for their children,trust me they will defend my agenda with their lives and make sure no bastard masses take away what I am giving them with their bullshit entitlement mentality.
So if you revolt,sorry is your name.

this sounds so much like Buhari in 2015 and Nigeria humbled him again on his second coming....................................
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:26pm On Oct 31, 2020
ojesymsym:
Why would you want to punish a company because they are making profit. This won't fly.
The national insurance scheme has to be expanded in some way, but that will mean having a strong database
am not punishing them they will act as a collecting points like Vat on behalf of Nigerians interested in health coverage.......meaning if u buy 100 r .card u get 90 naira airtime and your 10 naira remited to the National insurance fund...for ease of collection...
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:29pm On Oct 31, 2020
Nigsrdumb:


Want to expand the economy, make credit cheap.

There's no need for a private sector entity to be funding the health care, that should be funded by taxes. What if the business fails?


Cheap credit , tax funds education and health, industries would create employment opportunities, but the government must ensure there are employable graduates.

A simple circle of development.

No complex solutions

Cheap credit in a country that don't have enough fx revenues and an import dependent nation abi?
Or you don't know MPC rate is a tool used to mop up liquidity so as to diminish demand for fx and curb inflation abi?
Oshey financial expert... grin grin grin
Dunce.
Like the government will just stand on the mountain and say let there be cheap credit and it happens grin
Not knowing if you do that,you won't even have enough dollars to meet the demand of the people that will take that cheap credit and want to exchange all that naira for fx.
What a brilliant man cheesy
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:31pm On Oct 31, 2020
Nigsrdumb:


Want to expand the economy, make credit cheap.

There's no need for a private sector entity to be funding the health care, that should be funded by taxes. What if the business fails?


Cheap credit , tax funds education and health, industries would create employment opportunities, but the government must ensure there are employable graduates.

A simple circle of development.

No complex solutions

the funds is not from the company ....example if u buy 400 airtime u get 360 wort of call time and 40 naira goes to health funds .....like supermarket collect vats for govt so telcom collect Nhfunds dedication....
Re: Treasury Bills In Nigeria by ultron12345: 1:31pm On Oct 31, 2020
ahiboilandgas:
Mtn Gross over 1 trillion Naira.....imagine if 10 percent of this sum is remited to National health insurance funds managed by the private sector held in the cbn .......enterprenures will now acess this sum at 2 percent to build Large hospital similar to one in India...economy of scale will bring down cost of operation...and client can now use their phone number and bnv to acess healthcare in several categories based on your contribution.......we have a heathly population.....

Is it MTN's duty to pay for your healthcare?
MTN generates about 1.2 trillion annually. 10% of that is 120B. Airtel does about 450B. Assuming glo earns 1 trillion. Together, 10% is about 265B. Much less than the current health budget.

Tax is okay.
Set up a database for all Nigerians and tax them.
7% healthcare tax on all salaries to get something similar to UK's NHS.

Assuming 80M economically active Nigerians earn 30K monthly ON AVERAGE (in reality, the figure is much higher). 7% tax on that would generate over 2 trillion Naira annually for just healthcare. In reality, that figure might go up to 4 trillion.

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