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Earleswood's Posts

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Romance / US And CIA Determination To Destroy African Progress by earleswood(f): 9:40am On Jul 13
Foreign Affairs / Cia's Calculated Assassinations Of Nkruma And Lumumba by earleswood(f): 1:41pm On Jul 12

https://www.youtube.com/watch?v=1japYVL5kAQ?si=QGJw59X2x3HKyUQV
This perception of African nationalism as a potential gateway for Soviet influence set the stage for the CIA's interventions in Ghana and the Congo.
The Congo's journey to independence was marred by chaos. Within days of Lumumba taking office as Prime Minister in June 1960, the country descended into crisis. The mineral-rich Katanga province, backed by Belgian interests, declared secession. Lumumba's appeal to the UN for help was met with a lukewarm response, prompting him to turn to the Soviet Union for military assistance.
The aftermath of Lumumba's death plunged Congo into decades of dictatorship under Mobutu Sese Seko, who proved to be a staunch US ally throughout the Cold War. A 1975 US Senate investigation concluded, "The Director of Central Intelligence at the time, Allen Dulles, regarded Lumumba as a 'mad dog' and believed his assassination would be a 'favorable development'."
Unlike Lumumba, Kwame Nkrumah managed to rule Ghana for nearly a decade before his overthrow. During this time, he pursued ambitious development projects, promoted pan-African unity, and adopted increasingly authoritarian methods to suppress opposition.
The CIA's involvement in Ghana was more prolonged and subtle compared to the Congo. Declassified documents reveal a sustained campaign to undermine Nkrumah's government through various means:
1. Economic warfare: The CIA manipulated cocoa prices, Ghana's primary export, to create economic hardship.
2. Propaganda: The agency funded and supported opposition media to criticize Nkrumah's policies.
3. Political interference: The CIA maintained close ties with opposition figures and disgruntled military officers.
Nairaland / General / The Narrow View Of Dangotay Refinery by earleswood(f): 10:24am On Jul 11
The output of the Dangotay Refinery is not limited to refined oil, lubricants and diesel but will serve as the input for a diverse range of products and derivatives. This Refinery will catapult the country into a higher level and in birthing a range of other industries.
Here’s a detailed breakdown of some key categories:

### Fuels
1. **Gasoline** - Used in internal combustion engines for automobiles.
2. **Diesel** - Important for trucks, buses, and some types of cars.
3. **Jet Fuel** - Essential for aviation.
4. **Kerosene** - Used for heating, lighting, and jet fuel blending.
5. **Liquefied Petroleum Gas (LPG)** - Utilized for heating, cooking, and as auto fuel.
6. **Residual Fuel Oil** - Used for power generation and in large ships.

### Petrochemicals
1. **Ethylene** - Used to make plastics, antifreeze, and synthetic rubber.
2. **Propylene** - An essential component in making plastics, synthetic fibers, and automotive parts.
3. **Benzene** - A precursor for a range of chemicals including plastics and resins.
4. **Toluene** - Used in making paints, paint thinners, and as a precursor to benzene.
5. **Xylenes** - Used for making synthetic fibers and plastics.

### Lubricants
1. **Base Oils** - Used in producing a variety of lubricants for automotive and industrial applications.
2. **Greases** - Essential in machinery, automotive, and industrial applications to reduce friction.

### Asphalt and Road Oils
1. **Bitumen/Asphalt** - Mainly used in road construction, roofing, and waterproofing products.

### Chemicals and Solvents
1. **Naphtha** - Utilized in the petrochemical industry to produce high-octane gasoline and as a feedstock.
2. **Solvents** - Used in paint thinners, cleaning agents, and other industrial applications.

### Specialty Products
1. **Petroleum Coke** - Used in the production of electrodes for the aluminum industry and as a fuel.
2. **Sulfur** - A by-product used in fertilizers, chemicals, and pharmaceuticals.
3. **Waxes** - Used in packaging, candles, polishes, and cosmetics.

### Industrial Gases
1. **Hydrogen** - Essential for refining processes and used in various industrial applications including ammonia production.

### Environmental Products
1. **Sulfuric Acid** - Comes from sulfur recovered from crude oil and used in fertilizer production and chemical manufacturing.

Each of these products and derivatives can be further refined, processed, or used directly in various industrial, commercial, and consumer applications, showcasing the versatility and importance of the refined products from an oil refinery.
Business / Re: Real Reason GSK Left Nigeria After 51 Years by earleswood(f): 11:05am On Jul 04
Here are the key point/summary

- GSK UK has been systematically planning its exit from Nigeria for over a decade, with the ultimate goal of focusing on more profitable markets and implementing a distributor model.

- In 2016 they sold their drink portfolio against the wishes of local shareholders who wanted proceeds reinvested in local manufacturing.

- 2017 leadership change accelerated plans, exiting 15 African countries to boost profits 25%.

- Nigeria exit plan involved dividing the board, appointing GSK staffers, manipulating vote. Offers from buyers to keep business running were rejected.

- Exit has severely impacted patient access and care, with drug prices rising 10x+ as GSK allowed shortage of key medicines.

- Despite citing forex issues, GSK continued supplying Ukraine but rejected Nigeria deals that could have resolved forex problems.

- Overall the data shows GSK prioritized profits over patients, executing a long-term strategy to leave the Nigerian market while maximizing financial returns for shareholders. Local needs appear to have been an afterthought at best.

The key actions GSK should consider are:

1) Address why offers to solve forex issues were rejected if that was a real concern.

2) Justify how patient needs were meaningfully considered given drug access challenges post-exit.

3) Review governance process around board engagement and shareholder vote given apparent efforts to influence outcome.

4) Consider steps to improve local supply or alternatives for patients still reliant on GSK medicines.

That covers the high-level summary of the key details and issues that seem most pertinent for GSK to address based on the information provided. Let me know if any part needs more clarification or expansion.

6 Likes

Romance / Cia's Astonishing Takedown Of Nigeria's Political And Economic Landscape! by earleswood(f): 3:57pm On Jun 28

https://www.youtube.com/watch?v=W44MK4LUHbs?si=LaX5mK2D3lOx_04G
For decades, the Central Intelligence Agency (CIA) has been at the forefront of shaping global affairs, often operating in the shadows to advance U.S. interests abroad. Today, this video pulls back the curtain on one of the agency's most ambitious and far-reaching operations to date - a comprehensive campaign to twist, influence and reshape Nigeria's political and economic landscape. This video delves into the intricate web of covert operations, strategic manipulations, and long-term planning that has allowed the CIA to exert unprecedented control over Africa's most populous nation and largest economy.
Politics / Why Nigeria Is Here by earleswood(f): 5:50pm On Jun 12
Romance / US Military Industrial Complex by earleswood(f): 4:49pm On Jun 10
Romance / Growing Up In The 1960s Lagos. by earleswood(f): 1:45pm On May 29
The years rolled by, marked by the rhythmic pounding of the surf against the Lagos shoreline. Ayo grew taller, his scrawny frame filling out, his voice deepening. He continued to excel in school, his hunger for knowledge a constant fire. Mr. Akintola, his unwavering supporter, saw the potential burning bright in Ayo's eyes and pushed him to apply for a scholarship to a prestigious secondary school across the lagoon.

The day the acceptance letter arrived was a turning point. Aunty Yemi, her face etched with a mixture of pride and worry, clutched the worn paper in her calloused hands. Tears welled up in her eyes, a rare display of emotion in the woman who had become his rock. This scholarship meant Ayo could escape the limitations of Alagomeji, a chance to carve his own path, a path far from the docks and the ever-present call of the sea.

Leaving Alagomeji was bittersweet. Ayo said goodbye to the familiar faces - Mama Rashidatu with her booming laugh, Mr. Johnson the tailor with his endless stories, and Bolaji, his friend since childhood, now a budding mechanic with grease permanently staining his fingers. He promised to write, a promise that hung heavy in the humid air as the ferry carried him across the lagoon.

The new school was a world away from the crowded classrooms of his past. Lush green fields replaced dusty courtyards, and the classrooms buzzed with a different kind of energy. Ayo, initially shy, found himself surrounded by students from all walks of life, each with their own dreams and aspirations. He thrived in the academic rigor, his mind soaking up knowledge like a sponge.

However, the distance from Alagomeji brought a new set of challenges. He missed Aunty Yemi's gruff affection, the comfort of routine, and the smoky aroma of Mama Rashidatu's cooking that always seemed to hang in the air. With limited funds, he couldn't visit as often as he'd like. Letters became his lifeline, filled with stories of his new life, his victories and struggles, a bridge across the ever-widening gap.

One day, a letter from Aunty Yemi arrived, the tone different, laced with worry. His father's ship had been caught in a storm off the coast of South Africa. Days turned into weeks with no news. A gnawing fear settled in Ayo's gut, a fear he couldn't articulate. He found solace in his studies, burying himself in books, the stories offering a temporary escape from the gnawing anxiety.

Weeks later, a telegram arrived. His father was alive, washed ashore on a deserted island, but badly injured. Relief washed over Ayo, a wave that threatened to drown him. He poured his emotions into a letter to Aunty Yemi, pledging to return home as soon as possible.

The journey back to Alagomeji was fraught with apprehension. He found Aunty Yemi a changed woman, her shoulders slumped, her eyes dull with worry. His father lay on a makeshift bed, pale and drawn, the once adventurous sailor now a frail man battling his demons.

Ayo stayed by his father's side, reading to him from borrowed novels, sharing stories of his new life. Slowly, a spark rekindled in his father's eyes. They talked, tentatively at first, then with a growing sense of connection. Ayo learned about his father's travels, the exotic ports he'd visited, the camaraderie of the crew. He, in turn, shared his dreams of becoming a journalist, a storyteller weaving tales of his own.

The weeks that followed were a tapestry woven with moments of joy and sorrow. Ayo helped his father through his recovery, their bond growing stronger with each shared story. He learned that family wasn't always defined by blood, but by the strength of the connections forged in the crucible of life.

As his father regained his strength, the inevitable loomed. It was time for Ayo to return to school. Saying goodbye this time was different. There were tears, yes, but also a newfound understanding, a sense of closure. His father, with a hand on Ayo's shoulder, spoke of his pride, his voice thick with emotion. He promised to visit, a promise that hung in the air alongside the salty Lagos breeze.

Ayo returned to his studies, forever changed by his experiences. He carried with him the lessons learned in the bustling streets of Alagomeji, the nurturing guidance of Mr. Akintola, the unwavering love of Aunty Yemi, and the bittersweet reunion with his father. Lagos, the city of his birth, remained a constant presence, its chaos and beauty forever etched in his heart. As he delved into the world of words, Ayo knew his stories would begin there, in the vibrant tapestry of his Lagos life.
Romance / These Are The Reasons by earleswood(f): 5:12pm On May 14
Crime / Nigeria: How We Got Where We Are. by earleswood(f): 12:42pm On May 11
Crime / Causes Of Increased Poverty In Nigeria by earleswood(f): 11:00am On May 10
Romance / Official: Why Nigerians Are Getting Poorer by earleswood(f): 6:31pm On May 09
Nairaland / General / Official And Confirmed Reasons Why Nigerians Are Getting Poorer by earleswood(f): 5:31pm On May 09
Romance / Please Share by earleswood(f): 6:04pm On Mar 23
This video discusses various investment opportunities in Africa, highlighting the potential for small to medium-sized businesses to thrive and succeed in the continent's rapidly growing markets

https://www.youtube.com/watch?v=0tK_23Jk1-8
Romance / The West War Against The Development Of Nigeria And Tthe Gobal South by earleswood(f): 3:55pm On Mar 19
The BRICS economic bloc has emerged as a significant player in the global arena. While it faces internal and external challenges, its collective economic might and its aspirations for a more equitable world order cannot be ignored. As the member countries continue to develop and their economies mature, BRICS is likely to play an increasingly influential role in shaping the future of the global economy and international relations.


https://www.youtube.com/watch?v=LkgpgzVow-I?si=sc6HPGW4JnPGed6l
Romance / BRICS Application: Nigeria Provokes US Anger. by earleswood(f): 12:45pm On Mar 17
Romance / US Confrontational Stance Against Nigeria And The Global South by earleswood(f): 1:12pm On Mar 16
Romance / BRICS Application: Nigeria Attracts The US And Western Anger by earleswood(f): 5:58pm On Mar 15
Romance / Fantastic Idea by earleswood(f): 3:39pm On Mar 10
Romance / United Nations Deliberate Actions In Keeping Us Down by earleswood(f): 5:05pm On Mar 09
Romance / Western Reactions On Nigeria's Application To Join BRICS by earleswood(f): 4:36pm On Mar 09
Romance / How The West Is Subjugating Nigeria by earleswood(f): 4:29pm On Mar 09
Investment / 7 Business Sectors In Africa Guaranteed To Succeed In Hard Times by earleswood(f): 4:06pm On Feb 29
The video discusses various investment opportunities, highlighting the potential for small to medium-sized businesses to thrive and succeed in the continent's rapidly growing markets. It emphasizes the benefits of investing in emerging sectors such as technology, agriculture, renewable energy, healthcare, and consumer goods, which offer significant returns and contribute to job creation and inclusive growth. Moreover, the video introduces the concept of crowd farming as a collaborative model to address challenges faced by small-scale farmers, emphasizing shared risk and reward, technology integration, access to markets, capacity building, and social impact. Additionally, it explores the potential of the African movie industry, fintech, branding and packaging African goods for export, and urban logistics services, outlining key factors to consider for each investment opportunity.

https://www.youtube.com/watch?v=0tK_23Jk1-8?si=wak2Y0NzJM-xlFYv
Business / In These Difficult Times: 7 Profitable Business Sectors To Succeed. by earleswood(f): 3:52pm On Feb 29
The video discusses various investment opportunities, highlighting the potential for small to medium-sized businesses to thrive and succeed in the continent's rapidly growing markets. It emphasizes the benefits of investing in emerging sectors such as technology, agriculture, renewable energy, healthcare, and consumer goods, which offer significant returns and contribute to job creation and inclusive growth. Moreover, the video introduces the concept of crowd farming as a collaborative model to address challenges faced by small-scale farmers, emphasizing shared risk and reward, technology integration, access to markets, capacity building, and social impact. Additionally, it explores the potential of the movie industry, fintech, branding and packaging African goods for export, and urban logistics services, outlining key factors to consider for each investment opportunity.


https://www.youtube.com/watch?v=0tK_23Jk1-8?si=2EgGJ5eIYz2s1JXQ
Romance / Business: Grow And Flourish by earleswood(f): 2:01pm On Feb 23
This video illustrates the adoption of a comprehensive approach integrating cultural understanding, strategic planning, and adaptability. Effectively maneuver through Nigeria's intricate landscape, seizing challenges as avenues for thriving success within its dynamic and diverse market. Immerse yourself in the captivating story of Aliko Dangote's entrepreneurial journey in Nigeria, marked by astute tactics, calculated risk-taking, and unwavering attention to pivotal sectors. Gain a deeper understanding of his accomplishments through a perceptive analysis of pivotal elements.

https://www.youtube.com/watch?v=JYY-seKORi4&t=2s
Business / A Definite Route To Business Advancement, Triumph, And Prosperity. by earleswood(f): 1:51pm On Feb 23
This video illustrates the adoption of a comprehensive approach integrating cultural understanding, strategic planning, and adaptability. Effectively maneuver through Nigeria's intricate landscape, seizing challenges as avenues for thriving success within its dynamic and diverse market. Immerse yourself in the captivating story of Abdulsamad Rabiu and Aliko Dangote's entrepreneurial journey in Nigeria, marked by astute tactics, calculated risk-taking, and unwavering attention to pivotal sectors. Gain a deeper understanding of his accomplishments through a perceptive analysis of pivotal elements.

https://www.youtube.com/watch?v=JYY-seKORi4&t=2s
Nairaland / General / Video: Great Guide In Starting And Growing Businesses. by earleswood(f): 5:17pm On Feb 20
This Video I just watched on Youtube shows that investment opportunities in African markets are vast and abundant, but they come with challenges. Africa's rich natural resources, such as minerals, oil, and gas, including agriculture, offer significant opportunities, especially in countries like Nigeria, Angola, and South Africa. It explains that, however, navigating these opportunities requires extensive research, identifying target resources, assessing investment options, engaging local partnerships, developing robust risk mitigation strategies, adopting sustainable practices, monitoring political and economic developments, adopting a long-term perspective, and continuously monitoring and adapting strategies.
Investors are recognizing Africa's medium- to-long-term potential in various industries, requiring a patient, adaptive, and culturally sensitive approach, partnerships, local expertise, and innovative solutions to unlock its economies.


https://www.youtube.com/watch?v=uBE2sueDOeg&t=8s
Nairaland / General / An Inspiring Video In These Difficult And Challenging Times. by earleswood(f): 3:59pm On Feb 09
I've recently come across a captivating YouTube video that has ignited my inspiration. Amidst these challenging times, I am undertaking the endeavor of establishing a cosmetics and soap manufacturing plant in Abeokuta. I really enjoyed the explanation given on the step-by-step guide on how Aliko Dangote built up his business.

https://www.youtube.com/watch?v=JYY-seKORi4
Crime / Re: Say NO To Hookup: See What Happen To This Girl After She Went For Hookup by earleswood(f): 8:56pm On Feb 01
Feeling a constant need to urinate can be annoying, but it should never be dismissed. Experiencing frequent urination for an extended period could be a sign of another issue, such as a urinary tract infection (UTI), kidney disease, diabetes, some cancers or urinary incontinence
Foreign Affairs / Kenya's Growth Since Independence by earleswood(f): 2:14pm On Feb 01
I just watched this YouTube video on the above topic, which shows Kenya's economic development since independence in 1963. It has been a complex and multifaceted journey, marked by both significant accomplishments and persistent challenges. I just wondered how Nigeria compares.
https://www.youtube.com/watch?v=-Z9y0aAqxSc
Politics / Re: We’re Ready To Expand Ties With Nigeria, Says Taiwanese Envoy by earleswood(f): 1:43pm On Dec 21, 2023
African countries exploring business with Taiwan should tread carefully. While the potential benefits may be tempting, risks shouldn't be ignored. Vulnerable to political turmoil, economic instability, and international pressure, such collaborations can invite complications. There is also the issue of China's reaction to dealing with a renegade province of China, Taiwan. Consider long-term consequences and diplomatic implications before proceeding.

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