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Nigerialabalaba's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 2:45pm On Sep 25
crownprince2017:



This is an assignment for you, after 5 to 10 years of harvest u will notice a reduction in the yields, if you are an investor and business man u claimed u are, records should be your guidance, even fertilizer has limitations. Land do get old just like human being and more over where did ellahlakes promised farming has commenced in that article or in another article regarding that farm.

I will be waiting for your logical response n not emotional ones. grin grin
U be correct pesin with correct info jo.

Leave d man abeg. Even primary school pupil sabi say soil dey age and na from primary school dem don teach us about crop rotation so dat d soil no go dey quick old. No be pesin like him u suppose dey argue abeg. Dat na why e good to go school. Soil quality for agriculture no be only fertilizer, plants need all d natural organisms wey dey help to renew d soil quality during and after farming. Dat na why UN dey push for organic farming. Commercial farming dey over-labour soil wey don age and old. If hin truly farm e suppose sabi dis tins and not to dey argue with u sef.

If pesin dey for faceless forum dey fight efrybody upandan,how u tink e go be for real life? Even from d plenty locations and relocation hin say he don do hin audio farming ,u go don sabi say he go like trouble for real life and dat na why dem dey chase am away with hin wahala. Just leave am abeg.
Igi pawpaw o ni wo pawa o.

5 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 1:53pm On Sep 24
Omooloriredade:


You could take the above to the bank until the meeting at the farm happened. Apparently, CBO still has more shares to offload but rather than let it drag on for too long (tight band above N3), arranged an investor presentation with stockbrokers only. How is that even allowed? Next trading day after meeting, SP starts to climb with huge volumes. It's not dumping. Ellah Lakes is attempting to meet free float requirement by distributing its shares. CBO and Brokers will determine how the stock trades until there is significant news. They believe it's cheap due to its higher Net Asset Value per share and the what has been achieved so far on the "audio" cheesy farm. Na them sabi.

Roll call of attendees below. Did anyone's face look familiar? Would someone be kind enough to find out the Private placement price please?

I know Ellah Lakes directors opted for a portion of their salary in shares. Bullish!!! Quite a positive except that Mr Chuka is on a very FAT salary for a company with little to no revenue. Anyway, the future appears bright so can be overlooked. cheesy

Disclaimer - Not a buy or sell recommendation.
Na wa o. Na real farm dressing all of dem wear take do yanga pose.

And na only dat same Chuka Mordi no get potbelly for the picture.

K1 don talk am finish say na pesin wey get potbelly dey suppose dey in charge of money becos dem don belleful so dem no go chop our money.
Igi pawpaw o ni wo pawa o.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 2:41pm On Sep 13
designking:
Today was a very positive trading day. A lot of Nairaland most discussed stocks grew.

My portfolio grew by over ₦240k today.

Na ur foolishness go give u sense las las.

Na ur details full everywhere for internet yet u no get sense to cover ur small yam wey dey germinate. If dem kidnap u or ur loved ones now, how many kidnapper go understand say dis one u take dey show off here na paper profit and no be real money yet?

Dat na why e good for every parent to dey pray for a child wey get sense not just a child.

Abeg comot dis ur tashere joor. U tink say u dey among foolish crowd?
Tí iṣu ẹni bá ta, a ńfọwọ́ bòó jẹ ni. If one's yam is well- formed, chop am under wraps says a Yoruba proverb.

Igi pawpaw o ni wo pawa o.

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 2:07pm On Sep 12
Streetinvestor2:
Nice reply. Why is the interest only on Oando.If you are sure of true value in it.Then go and sleep and have peace of mind over your investment like we do with sound stocks..It is beginning to look real as per your claim on oando media campaign here..lol.


Una no get shame.
Make u dey use one of ur plenty monikers dey reply yourself ehn.. jest kwantinue ehn.
After u don reset with dis moniker, u con bring out ur oda moniker.
Na urself u dey do o.

4 Likes

Politics / Re: Dapo Akande Nominated For International Court Of Justice Judge By UK Government by Nigerialabalaba: 8:34am On Sep 10
LegendHero:


No, impossible.

Kekere Ekun and Dapo Akande must fulfil the mandate to make sure internationally acclaimed terrorists like Boko Haram, IPOB, and Bandit leaders like Nnamdi Kanu, Bello Turji, and etc were made to face the firing squad.

I won’t leave them until they fulfil that.
Gbamsolutely
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 8:20am On Sep 10
ojeysky:


If I have spare cash I will have top up those 2 in my portfolio
My oga, make I help you, you see dat @bolded ehn, na there your solution dey o.

U suppose ask urself say why u no get spare cash? If u fit answer dat question wella, walahi, ur breakthrough don land.

Na so so many people wish dem go get spare cash but many of dem no serious with financial prudence and many people no even dey face dem work wella enough so tey dem go fit earn more money.

I no say u be part of dem o but e go good make we dey ask ourselves correct questions and answer am correctly.

Why u no get spare cash?

Why u no fit buy wetin u want?

Why u no fit give ur family d kind good life u dey always wish for dem?

Why u no fit give ur mama and papa money and buy dem plenty good tins?

Why u no fit chop belleful sef?

Why u no fit take break and go enjoy a well deserved rest?

Why u no fit give back to those people wey don help u and even sacrifice for you?

Why u no fit dey top up ur investments regularly?

Why u no dey ever get spare cash and savings sef?


Igi pawpaw o ni wo pawa o

3 Likes

Politics / Re: Court Freezes 13 Bank Accounts Linked To Suspected Terrorist, Henry Okocha by Nigerialabalaba: 7:31pm On Aug 30
zeuss:
What sort of terrorist can henry okocha possibly be...... kidnappers and bandits have account officers minding their accounts doing giveaways and showing themselves freely
Since u sabi dem bandit wella, u sef be bandit niyen.

82 Likes 5 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 7:25pm On Aug 30
Nigerialabalaba:
Despite losses and missing Q2 forecast, Eterna Oil’s share price continues to rise
https://nairametrics.com/2024/08/28/despite-losses-and-missing-q2-forecast-eterna-oils-share-price-continues-to-rise/

Dis na eterna wey dey full bid o, dem bad belle people no warn people about eterna, na Oando wey buy multibillion assets wey dey fetch dollars na hin dem dey warn people about. Yeye bad belle people!


Eterna wey make loss and on top dat, na naira eterna dey make,una no give una yeye warning to people make dem no buy eterna na oando wey no dey market una dey yarn nonsense about becos of una bad belle.

Na una presco, wapco, prestige, dnsugar, nascon go cast las las and we go dey hia to remind una say na d bad una dey wish others happen to una. Bad belle people wey leave leprosy con dey treat lapalapa. Shior angry

Nobody hia fit even buy Oando again becos d gate don close and even if Oando reach N200, make una no buy, nobody send una.

Make una happy for Oando shareholders, una no gree hear because of bad belle and una na desperately wicked, envious and jealousy people. Na all of una portfolio go cast las las as una dey wish bad for other people.

If u dey hia dey follow dis people, ur portfolio go cast too. Avoid dis bad belle people if u no wan ur portfolio to cast join.
Igi pawpaw oni wo pawa o.

Make una warn people about return of kidnapping for SE again too becos e go affect companies wey dey southeast
Una don dump Eterna and Tantalizer on people.
I pity d people wey dey follow una bad belle people. If u dey hia and u like no hear word, las las na u dem go chop as breakfast and lunch.

Na so una go dey cast one by one.

After dumping eterna and Tantalizer for ur head, na prestige and cutix dem dey plan to dump for ur head again.

Igi pawpaw oni wo pawa o.

1 Like 2 Shares

Politics / Re: We Are Ready To Conduct Interview For Okpebholo In Pidgin - Reuben Abati by Nigerialabalaba: 2:34pm On Aug 29
Yeyenatu. Awon ti elluPee wey go still lule
Politics / Re: Fearless In October Protests - Punch Editorial by Nigerialabalaba: 2:22pm On Aug 29
ogododo:


https://punchng.com/fearless-in-october-protests/
Dem dey use style dey give d protest free advertising. Make security officers ji ma sun o
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 2:09pm On Aug 29
Despite losses and missing Q2 forecast, Eterna Oil’s share price continues to rise
https://nairametrics.com/2024/08/28/despite-losses-and-missing-q2-forecast-eterna-oils-share-price-continues-to-rise/

Dis na eterna wey dey full bid o, dem bad belle people no warn people about eterna, na Oando wey buy multibillion assets wey dey fetch dollars na hin dem dey warn people about. Yeye bad belle people!


Eterna wey make loss and on top dat, na naira eterna dey make,una no give una yeye warning to people make dem no buy eterna na oando wey no dey market una dey yarn nonsense about becos of una bad belle.

Na una presco, wapco, prestige, dnsugar, nascon go cast las las and we go dey hia to remind una say na d bad una dey wish others happen to una. Bad belle people wey leave leprosy con dey treat lapalapa. Shior angry

Nobody hia fit even buy Oando again becos d gate don close and even if Oando reach N200, make una no buy, nobody send una.

Make una happy for Oando shareholders, una no gree hear because of bad belle and una na desperately wicked, envious and jealousy people. Na all of una portfolio go cast las las as una dey wish bad for other people.

If u dey hia dey follow dis people, ur portfolio go cast too. Avoid dis bad belle people if u no wan ur portfolio to cast join.
Igi pawpaw oni wo pawa o.

Make una warn people about return of kidnapping for SE again too becos e go affect companies wey dey southeast

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 2:05pm On Aug 16
If u dey hia and if u like, dey read and dey believe all dis yeye tunrenchi against Oando and come miss am, u go regret am.

Na so dem dey badmoutu Oando even when e dey N4 so tey dem confuse dia gullible followers not to buy Oando but to dey buy wapco, Zenith, Dangcem, now Oando go up so tey almost touch N50, instead of dem to swallow dem pride and cover dia shame, dem still dey yarn so dat dia gullible followers eyes no go open say na blind people dey lead dem.

Prophetutocha, Ogg and auntymi ymcy, abeg no tell anybody anything again. Let dem follow d advice of dia audio-billionaires. Dem go look 4 Oando dem no go get. Make dem still dey buy and wait for dem wapco and MTN.

Some people wey don suppose buy Oando dis morning wen e dey full offer for 29+ don miss becos dem dey waste dia time reading and believing d nonsense dem dey yarn against Oando hia. Las las, na stones una go take break una heads las las 🙄

Igi pawpaw oni wo pawa o

1 Like

Politics / Re: ‘Don’t Wait Till Nigerians Start Stoning You’ – Primate Ayodele Tells Tinubu by Nigerialabalaba: 1:08pm On Jan 05
Even Jonathan wey spoil everything dem no stone na Tinubu wey dey fix am dem go com stone. Yeye dey smell
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 1:06pm On Jan 05
yMcy56:

Oga labalaba, too much multiverse money! grin
You no come even send my Xmas chicken during Xmas.
Happy New Year o. grin
Hahahahahaha......U too much, u full ground Mamami. I still dey loyal to ur govt o.

Japaul bus don dey carry me go where I know o grin
Family / Re: At What Age Should A Father Stop Bathing His Daughter? by Nigerialabalaba: 12:22pm On Jan 05
Dilijingsly:
Am a family man and taking care of my children is not a big issue, my daughter is a year and a old . The big question is at what age should i stop bathing her?
10 patapata
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 12:21pm On Jan 05
yMcy56:
GTB @43!!
ZENITH @42!
The banks are not slowing down at all.....

* Much funds entering the market*
Mama niyen, happy new year. Na u be my Person of The Year 2023 o.
Dis year, na C&I leasing I dey shine my light & dey buy. I go still dey buy Japaul too die die.

Igi pawpaw o ni wo pawa o.

2 Likes

Politics / Re: RIVERS state assembly: Why defect if you have a veto proof majority? by Nigerialabalaba: 9:16pm On Dec 13, 2023
Na because similaye Fubara don do wetin dem say musiliu Obanikoro do to city hall to d state house of Assembly nau
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 9:14pm On Dec 13, 2023
Much has been said about the P&G exit. Here’s another view:

“*More on P&G and lessons to learn!*


Know Thy Market
- 𝕿𝖞𝖊 𝕾𝖙𝖗𝖆𝖙𝖊𝖌𝖎𝖘𝖙

I have heard it said that P&G left Nigeria because of bad governance policies - policy summersaults, forex issues, and then its repatriation issues. And the like

Possibly.

But I doubt.

I suspect its due more to wrong Strategy.

I suspect P&G had the wrong Market Strategy.

So P&G lost to competition...

To that ghost called 'market forces'

In every single product category P&G operated in within Nigeria, at least one product entered the market in the last few years, and stole their market share.

P&G makes Ariel detergent. Pray tell...who uses that expensive product in these hard times? Why would Ariel sell when there are brands like Good Mama, Viva, Sunlight, Klin and Zip in the market - offering similar quality at lower prices?

The Nigerian market is more price conscious than brand conscious.

How about diapers? Molfix (from Turkey) entered the Nigerian market 2 years ago and basically snatched the market from underneath all the top players by providing basic functionality at an affordable price point.

The lesson is this:

Know Thy Market.

P&G should have gone to learn from a company like....Cadbury

Cadbury operates in 52 countries.

Every year Cadbury global celebrates their top selling product in all of their 52 countries.

Most years a product from Nigeria wins.

That product is called:

TomTom

TomTom has the right strategy.

Targeted at, and well suited for, the peculiarities of Nigeria's socio economic circumstances.

TomTom knows their market.....cold.

It will therefore be difficult for one company from Turkey or China to enter the Nigerian market and take on TomTom successfully.

Know Thy Market.

A simple lesson that P&G did not learn.

𝕿𝖞𝖊 𝕾𝖙𝖗𝖆𝖙𝖊𝖌𝖎𝖘𝖙. 07.12.23”

Igi pawpaw o ni wo pawa o

12 Likes

Romance / Re: The Pre Wedding Picture That Got Everyone Talking by Nigerialabalaba: 4:20pm On Dec 11, 2023
mcdon024:
I came across this pre wedding picture and thought I should share. What's your thoughts on this kinda picture?

The comments from the post is even funnier than the picture
Two Oloshos don jam

11 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 4:09pm On Dec 11, 2023
Yoast:

Culture will always eat strategy for breakfast. Our bad culture generally is the number one reason we are in a big mess. So sad
Pesin wey join P&G for 2005 na small boi. Dat same P&G don be sector leader since wen dat pesin dey primary school just like Nigerian Cable & Wires wey don kaput now. All dis indomie generation dey always tink say d tori of everything today start for year 2000 and above. Yeye. Company wey no sharp, competitors go beat am wella! No mercy o. Tell am about Tiger foods wey buy Dangote flour but na gbese until dem return am to Dangote for N1 as dem no get sense. Dat same Dangote flour, Olam pay billions to buy am from Dangote. Me I no send any business wey competitors dey beat now, na so dem too beat people wey dem meet for market before o.


Hogwarthtrades:


The statement of "only mining company that has mine" is not true, Thor exploration is a "Canadian" company based in nigeria (Though listed on LSE and Canada),it has gold mines in Osun state, Lithium exploration is underway as well.
Oga mi, Thor no be Naija company and dem no dey sell dem stocks for our Nigeria Stock Exchange o.


Read wetin Aruna Kebira said about Multiverse for dis last weekend.

• What is driving the growth in Multiverse? Is it a good buy at N9.39?


Multiverse is also in the business of gold mining, and if you watch the New Gold ETF in the market, you will discover that there have been a lot of activities there.

At the failure of other sectors of the world economy, Investors are jostling to hold Gold as a store of value. Market participants believed that if that is true, there would be value in Multiverse and all that it does, considering the low price at which it was trading.
https://stocksng.com/stock-market-review-december-11-2023/

Igi pawpaw o ni wo pawa o.

2 Likes

Education / Re: Got My First Carryover, Please Help I’m Dying by Nigerialabalaba: 12:16pm On Dec 08, 2023
Christianoir:
I’ve been writing exam since i haven’t gotten any carryover…Just had one today God cry[u] cry cry I feel disgusted and ashamed.. since I started writing exams since Monday all my grade have been A throughout
It cbt exam once you finish writing you will see your score

I wrote and score 40/100 which is F (carryover)
The course wasn’t that hard..I read it, it was time
60 questions to answer 20min too small.

I don’t know what to do….this is my first
This is my first carryover course since
It breaking me down

I don’t even have to zeal to read for next course again
Soroniyen

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 12:13pm On Dec 08, 2023
Deadlytruth:

Has multiverse management given any dividend too? I am at loss as to your claim that Japaul has not recorded capital appreciation all these years. Only if you know it has delivered over 1500% capital appreciation from early last year to this time. Anyway Japaul is for traders and not for investors to warrant looking out for its management's seriousness or otherwise.
Ogami, Multiverse dey pay dividend. Just Google am nah.

I even hear say na only dem be d only mining company wey get mine and wey dey for Naija sef.

Dat Japaul neva even start mining sef. Oga locomotive locotrader dey whine us wen e dey call Japaul mining company wey Japaul neva get shishi mine or dey produce any mine product sef. Weneva I buy Japaul na for trade ,dassall.

Even julius Berger sef get quarry like multivere but Japaul no get quarry, no get mine, na only dat dredging contract for Lekki and now wey dem dey plan to buy small companies wey get gold mining license o.

I go still dey trade Japaul because d stock dey give money but I no dey buy am because of mining. As for now o, Japaul no be mining company na only Multiverse be d only mining company wey dey do mining and dey sell mine products.

3 Likes

Politics / Re: Tinubu Approves ₦35,000 Wage Award To Civil Servants by Nigerialabalaba: 10:51am On Nov 30, 2023
Dem do collect am.
Politics / Re: Saying Benin Founded Lagos Shows How Unintelligent Some People Are - THAT IS HIS by Nigerialabalaba: 10:44am On Nov 30, 2023
If dem tell me say dis day wey prominent Nigerian, Yoruba and oda Nigerians, go call oba of Benin idiot, unintelligent, stupid parasite, liar and covetious thief go come , I no go believe am.
E be like say dem drink lying and ojukokoro for dem mama breast. Rich o, poor o, big , small, old, young o, e be like say dem use lies and covetousness swear for dem.

As Asari ask dem, shey una pack sand from bini for head come dump am for Yorubaland too? Nonsense and ingredients. Awon liars gbo gbo. No wonder Yahoo don finish bini land

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 8:28am On Nov 29, 2023
Choiceguy:


Minority shareholder said the share can be acquired at the average price of Oando's share price On the NGX for a period of three months prior to the date of the court order in 2021.this line got me think ,if it is true;that is why some Ogas like Agba,currentprice has refused to look towards wale and his Oando.abeg make market open make I sell my own sharp! Sharp!!
Yinmu. Like say u get Oando sef.
U go explain taya.

If u wan sell wetin u no get, no be hia u for announce am, abeg carry kakaaki go d centre of Lagos-Ibadan expressway go loud am.

If una like make una use one billion different monikers to dey deceive una sef, nobody send una. Yeye.

Very soon, wit dis ur new moniker wey u register two weeks ago https://www.nairaland.com/choiceguy , very soon u too go dey form yeye newbie abi. Shiorrrrr.
Fake fake people full everywia.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 3:17pm On Nov 25, 2023
femu:


If the share too crash wont that mean some of the stakeholders risk losing their majority control?

Naira no get value again

Oga mi, notin dey happen. Dis no be soludo era. Na still majority dey control o. Shey u tink say if uba wan do recapitalisation, tony go allow one outsider enter. U see wetin dey happen for FBN too, nothing go touch majority o.

Dat na why I been say dis recapitalisation news no go move anything. E don tey wey banks don sabi sey d tin dey come so dem don ready for ground and don do dia tins. Anyone wey dey tink say thunder go strike twice dey play ni o.

My own appeal be say, make nobody go collect loan again dey tink say bank share price go double or triple after new recapitalisation, u go just collect N50k for N500k loan after 20 years like dat bros wey share story wey touch.
Igi pawpaw o ni wo pawa o.

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 2:58pm On Nov 25, 2023
chinonsobest:



For this OANDO matter..... Bro we die here!
Hahahahahahaha....abeg no die oga mi. Na ur money, you go enjoy am titi lai lai. Oando dey gidigba and galant for NGX. Court na shere shere, na SEC ati Wale bi d koko, anyone wey wan sell hin shares, court go tell am make hin go sell hin own for market floor ,leave awa own las las.

Me I go buy more oando sef. If u wan buy Oando, na ur own agbelebu o, carry am if u get body and mind. If u be aneva chop, no carry am.
Igi pawpaw o ni wo pawa o.

yMcy56:

On the contrary, I think small banks stands a chance to benefit more in my opinion.

Some mergers or acquisitions by bigger banks may take place instead.....like it happened in the previous recapitalization.
No bank small again o. Dem don see d expo of recapitalisation tey tey so notin do dem. In fact, dem don price d recapitalisation for dem share price for market sef. Anyone wey wan raise money now just want to dey punish dem shareholders as dem go dilute dem shares and crash EPS las las. Wema sef suppose no do any right issue again sef.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 5:28pm On Nov 23, 2023
yMcy56:

Share reconstruction was done last year or in 2021, can't remember well now.

- 4.26bn OS was reconstructed and around 3.84Bn was cancelled.....in ratio 10:1
We were discussing it here that time nah, when it was trading at 20/23kobo or so.
Some NSEMPAS may still remember...
@Nigerialabalaba even pointed it out long before now self.
We'll keep watching out for Q4 result anyway.
Tank u maami. I buy am dat time o but oga locomotive no let me pack am wella before he carry him bullion van come chase me comot. As u take remember shock me sef, u go sabi book aswear2gud.
As I tell u dat time, na only u and loco be real pesins wey I fit believe hia o.

Streetinvestor2:
This idiot on politics thread with tribal shit.I don't have time to decode old moniker but your old moniker was nigeria.......Why am I not surprised. I remember warning you never to quote me.You changed moniker to continue whr your dead body stopped. Your way of writing is easy for anyone old here to know u.....ewu
E be like say u no get beta job. Na my work no gree make I show face regularly.

U don graduate from using plenty different monikers , now u don dey para finally. U be one of dem wey dey use multiple different monikers for hia dey yab people, dey use am dey form yeye newbies and u no dey respect urself dat na why dem dey drag u. If u do anyhow,I no go go create anoda account, I go yab u straight to ur face, I no go use anoda moniker.

U dey call pesin idiot abi? Na aggressive rude Ibo people like u dey mess ibo people upandan. Na dis same nonsense aggressive behaviour to dey call everyone wey no be ibo idiots una take cancel that G.OA.T Lamba King Peter Obi. No be d same nonsense u dey do to other people and dem stocks de pesin u dey drag dey do to u too? Shiorr.

D pesin wey talk don talk hin own,I no sabi wetin consign me and I no sabi why e dey pain u. No be hia one pesin drag cutix say hin na Ibo pesin and sabi dem wella say dem dey do the tin d man u dey drag talk.

If I wan buy ibo pesin stock b4, wit d way u dey behave sef no go make me buy am. Na so u go carry ur big oversized ego and rudeness go dey fight customers and board members upandan till u go kill d business. U no be beta pesin joo.

BabsO2:


Like me I cannot waste time gambling with Dangote Sugar/Dagote Food catching up BUA foods when better gamble like Oando dey mature.

That's my own talk. Talk your own grin
Dem go use dem oda monikers take yab u.

Me I buy Dangote sugar for around N20, no be to gamble I buy am, na because e sound and wen the tin move, I sell am and don carry my loot away o.
Igi pawpaw o ni wo pawa o.

2 Likes

Politics / Re: Police Disperse Protesting Osun Court Workers, Union Declares Strike by Nigerialabalaba: 2:02pm On Nov 22, 2023
After strike na strike, una no dey taya ni fa? undecided
Politics / We’re In Lagos Because Wealthy Igbos Are Shunning Home – Kidnappers Tells Victim by Nigerialabalaba: 9:29pm On Oct 21, 2023
We’re In Lagos Because Wealthy Igbos Are shunning Home – Kidnappers Tells Victim

Alexa News Editor

A Lagos businessman who was abducted in Ago Palace Way, Lagos two weeks ago has been released after paying N30 million as ransom. He was kidnapped by four hooded men who cornered him, midnight, as he was going to enter his car, packed in the garage.

His abductors called a day after, demanding a ransom of N100 million but family members and friends were able to raise N30 million before he was released.

His abductors called a day after, demanding a ransom of N100 million but family members and friends were able to raise N30 million before he was released.

The middle-aged Chief Executive Officer, CEO, of his company who pleaded passionately that his name should not be used because the kidnappers threatened to come back for him if he spoke on the incident told Crime Guard that he was taking a big risk by narrating what he suffered throughout the two weeks he spent with his abductors.

“I felt that I could only talk about the trauma and psychological torture they subjected me to so that it will arouse consciousness and alert security agencies over what to expect in the coming days,” he stated.

According to him, I saw hell in the hands of those kidnappers and they were boasting that they will soon take over Lagos and the police cannot match their firepower.

“They abducted me that weekend as I was coming out from my bar to enter my garage and drive off. They came with an SUV and as they were flashing their light, I pulled out my car and was heading towards the main gate when a mini bus popularly called Keke blocked the main gate. I thought they were avoiding the bad portion of the road but while I waited, the SUV blocked my car.

“They came out from their car, one of them was flashing what looked like an identity card, shouting DSS while another started releasing gun shots at the same time, pulling me out from my car. They pushed me into their car, forced me to lie low and sped off. We continued moving while they tied a cloth over my eyes. Notably, when we raced for some minutes, one of them who I suspect to be their informant and probably, a force man, got down from their car. I said a force man because of the way he spoke to them while we were leaving my bar.

“We moved for interminable hours until they got to a spot. They stopped and led me into a building like a flat and chained me on the legs. Then, they started beating me with different weapons, some as strong as iron, some like the normal sticks. They warned me that if I try to remove the cloth over my eyes, they would simply ‘waste me’. So, I was just receiving severe beatings and torture with my eyes covered. To me, it was as if a stone would fall on my head any moment and kill me. I was crying like a baby.

“For the period I was there, almost two weeks, they were feeding me with an apple and water daily. Earlier, they wanted to know what I would eat but I was afraid of being poisoned and I told them just apples.

“The beating and torture continued until I heard another of their victims who was kidnapped, raising his voice. He was boasting and telling them; “Is it not money you want? Don’t beat me. I will give you money.” On hearing this, they calmed down and I used the opportunity to open the scarf they used blindfolding me slightly. I saw three of them. It is like they divided themselves into groups. Those that target their victims are different from those that guard the victims and those that negotiate for ransom. This is because the moment the man said ‘I will give you money’, they made frantic calls while at the same time going through his phones.

“The story took another dimension when they saw only N10m in the man’s account and they rebuked him and quickly transferred the money into their account. Unfortunately for the man, as they were complaining that the money was not commensurate with his boast, alert was received in the man’s phone and from the way they jubilated, it must be a huge sum. They did not waste time in releasing the man. I saw that there were other kidnap victims chained in the room. Some were chained in both hands and legs while some, like me, were chained only on the leg.

“After that, as I quickly covered my eyes, they turned towards me and started telling me that they have now landed in Lagos and would go to any extent to get all they wanted. They said that while they were operating in the east, they did not know that they were just getting akara money. That now in Lagos, they were making real money.

“They said that they decided to relocate to Lagos when they noticed that wealthy Igbo people in Lagos refused coming home for fear of being kidnapped. But now, they have landed in Lagos and both the police and any other security agency cannot withstand their firepower. They boasted that they will face the police, fire for fire, juju for juju, and nobody can stop them until all the wealthy Igbo people in Lagos pay through their noses . Their targets are Igbos.

“While they were boasting, they were threatening to kill me if I failed to pay N100m. Luckily, my family and friends rallied round and were able to pay N30m. At this stage, they told me to get ready for my release. One of them whispered to me to beg his gang members to release my bag and phones which I did and they obliged me. The polythene bag contained all the beverages I bought for my daughter who was to go back to school a day after I was kidnapped.

“They took me in their car and when we got to a tarred road, they pushed me out with my eyes still covered. They also warned that I should not remove what they used in covering my eyes and I was wondering what they expected me to do in that condition. However, few seconds after they zoomed off in their vehicle, I opened my eyes and could not say where I was. I was on a tarred road and I managed to cross over to the next lane where cars were passing. It was not easy for me to walk again because they tied my legs throughout the period I was in their den and it was as If I was learning how to walk again.

While across the road, a bus passed by and all efforts to stop the bus failed. Few minutes later, I saw a keke passing by and I flagged it down. Luckily, the driver stopped and I asked him to help me, that I was kidnapped and just released. The driver asked my name and when I told him, he shouted saying he heard about my kidnap. He told me that I was at Governor’s Road. Ikotun. That’s how he graciously brought me back to my place at midnight,” he stated.

When asked if police visited him since his release, he said;”Nooooo, I was told that after they kidnapped me and released bullet shots, some policemen came and hovered around. That’s all. Up till now, I have not seen any policeman.”

Meanwhile, Crime Guard learned that some concerned residents of Ago Palace Way have been complaining bitterly about the state of affairs at the Ago Police station following the rising cases of crime in the area. One of them who was interviewed but refused to disclose his name for fear of victimization alleged: “We had been lucky to have two female Divisional Police officers in the past and they performed excellently well. If they were here, what is going on now would have been nipped in the bud, all these criminals would have rounded up.

“The ceaseless rate of kidnappings and other serious crimes going on here is not encouraging at all. I know as one of the stakeholders that the DPO has been inundating us with requests for money to put the three patrol cars they have on the road. I can say authoritatively that as I speak, none of the vehicles is on the road while we continued to pay for them to be on the road. The menace of commercial motorcyclists in the densely populated and ever-busy area has quadrupled since the DPO who came for election duties took over. Perhaps, he is seeing his continued stay in Ago as an entitlement for one that conducted election and not a police officer posted to maintain peace and fight crime.

“I am aware that all these kidnappings were reported at the station but no significant effort was made to get to the root of the matter. I was told reliably that there is disquiet even among officers and men of the force working under him because of his penchant to chase shadows while criminals have taken over his area of jurisdiction. The new Commissioner of Police should not hesitate to overhaul officers and men in that station so that we can sleep with our eyes closed.”

Meanwhile, sources hinted that members of the gang normally position themselves at any of the numerous speed breakers that dot the long road from Ago Roundabout to Apple Junction and look out for flashy cars. It was gathered that the moment they spot any flashy car, they could trail the owner to his destination and come for him thereafter. So far, it was also learned that some wealthy business men living in the area have relocated for fear of being kidnapped. More than five cases of kidnapping have happened in the area in few months.

https://www.alexa.ng/2023/10/21/were-in-lagos-because-wealthy-igbos-are-shunning-home-kidnappers-tells-victim.html

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Politics / Re: Ifeanyi Ubah: 80% Of Igbo Derive Their Wealth From Tinubu’s Legacy In Lagos by Nigerialabalaba: 12:42pm On Oct 13, 2023
pachigo001:
his political carrier is coming to an end trust me he will be dealt with soon
U wan kill am and chop hin flesh too?

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