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EPL Chatroom - All Discussions - European Football (EPL, UEFA, La Liga) (2417) - Nairaland

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Re: EPL Chatroom - All Discussions by izzou(m): 8:39pm On Apr 23, 2023
BlueRayDick:


In my opinion , anybody can preach any gospel . What matters eventually is if u do that which u promised when u eventually get there . Unfortunately we would never if Obi would be able to or not since he didn’t get there eventually .

Na who don reach there make we dey look wetin he go do.

Of course. He is within his rights to promise anything.
Re: EPL Chatroom - All Discussions by Theflint1(m): 8:46pm On Apr 23, 2023
izzou:


Bros, i don't want to make excuses for him. If men that are very low in wealth can produce, i don't see why a billionaire can't

Obi was a big importer. Can you list what he specialised on, and check if it can't be produced?

One thing you should know is that Importation is the easiest way to wealth, and that is what Obi, and many other billionaires settle for

For me, he is not fit to propel the gospel of local production.

My opinion, though
It's not about making excuses...those people wey dey produce locally, are they producing locally because they love local production or because that's the way through which they'd make the most profit?

If Peter Obi the hustler/businessman has connects that'd bring him supplies so he makes way more than he'd make doing local production, of course, he'd get it in and make cool money. The idea behind moving from consumption to production is not so that businessmen suffer to make profit just because they want to produce locally, it's so businessmen make good money while producing locally...basically, make local production the better alternative.

Making profits as a businessman off importation is different from the same businessman understanding that as a country, over-reliance on importation does not favour us and isn't the best long-term strategy.

2 Likes

Re: EPL Chatroom - All Discussions by BlueRayDick: 8:48pm On Apr 23, 2023
izzou:


Of course. He is within his rights to promise anything.

Na so buhari sef make different promises some of which they are recanting , others they claim they have fulfilled (even when the reality in ground suggests otherwise ). If Buhari had lost the 2015 elections we would’ve been thinking we missed a big chance at making the country work again.
Re: EPL Chatroom - All Discussions by izzou(m): 8:54pm On Apr 23, 2023
Theflint1:
It's not about making excuses...those people wey dey produce locally, are they producing locally because they love local production or because that's the way through which they'd make the most profit?

If Peter Obi the hustler/businessman has connects that'd bring him supplies so he makes way more than he'd make doing local production, of course, he'd get it in and make cool money. The idea behind moving from consumption to production is not so that businessmen suffer to make profit just because they want to produce locally, it's so businessmen make good profit while producing locally...basically, make local production profitable.

Making profits as a businessman off importation is different from the same businessman understanding that as a country, over-reliance on importation does not favour us and isn't the best long-term strategy.

Go to Olojo drive in Alaba and you'll see chairs littered everywhere. If you see any businessman doing it locally, then give him the maximum respect

Like i said, Importation is the easiest way to blow. You cannot tell me that Tonimas won't make more if he imports. It takes balls to start from scratch here.

All these excuses won't exonerate Obi from failing to establish even if it as bakery so people can be employed, even if he was making 1 naira profit every month.

There are people that will preach local consumption and i would listen, not a man that made his billions from importation

This does not mean he wouldn't have made a good president oh

3 Likes

Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 9:03pm On Apr 23, 2023
izzou:


Go to Olojo drive in Alaba and you'll see chairs littered everywhere. If you see any businessman doing it locally, then give him the maximum respect

Like i said, Importation is the easiest way to blow. You cannot tell me that Tonimas won't make more if he imports. It takes balls to start from scratch here.

All these excuses won't exonerate Obi from failing to establish even if it as bakery so people can be employed, even if he was making 1 naira profit every month.

There are people that will preach local consumption and i would listen, not a man that made his billions from importation

This does not mean he wouldn't have made a good president oh
Wait.. I gave an example of a company he invested in that deals in local production you say e too small.
Thing is the man switched from that line of business and moved into the banking industry where it seems he spent some of his time.
And I'm very sure he has employed alot of people.

Most importantly like you said, it doesn't mean he wouldn't have made a good president 😁
Re: EPL Chatroom - All Discussions by Theflint1(m): 9:05pm On Apr 23, 2023
izzou:


Go to Olojo drive in Alaba and you'll see chairs littered everywhere. If you see any businessman doing it locally, then give him the maximum respect

Like i said, Importation is the easiest way to blow. You cannot tell me that Tonimas won't make more if he imports. It takes balls to start from scratch here.

All these excuses won't exonerate Obi from failing to establish even if it as bakery so people can be employed, even if he was making 1 naira profit every month.

There are people that will preach local consumption and i would listen, not a man that made his billions from importation

This does not mean he wouldn't have made a good president oh
I get sha, anybody that chose to do it locally when they could have and had access to import and make more deserve all their flowers.
Re: EPL Chatroom - All Discussions by izzou(m): 9:06pm On Apr 23, 2023
liveLongNprospa:

Wait.. I gave an example of a company he invested in that deals in local production you say e too small.
Thing is the man switched from that line of business and moved into the banking industry where it seems he spent a bulk of his time.
And I'm very sure he has employed alot of people.

Most importantly like you said, it doesn't mean he wouldn't have made a good president 😁

I am not talking about employing people. I know he did

I am talking about owning local manufacturing companies. For a man who is a billionaire and we are struggling to name companies that are producing locally in his name, it tells a lot about what he believed in.

Yes, he can be a good president.

But i never believed that consumption to production talk. Through his actions, he did not even believe in it

1 Like

Re: EPL Chatroom - All Discussions by izzou(m): 9:09pm On Apr 23, 2023
Theflint1:
I get sha, anybody that chose to do it locally when they could have and had access to import and make more deserve all their flowers.

All the trailer parts i sell are gotten from China. I buy them from importers

But the day i discovered a guy that manufactures here, i was shocked

Like..this guy could just easily go to China and sell here, but he chose to buy lathe machines, employ boys to fabricate it.

That takes a lot oh

5 Likes 1 Share

Re: EPL Chatroom - All Discussions by Nezzjnr: 9:10pm On Apr 23, 2023
Ago has taken over Festac finally.

Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 9:13pm On Apr 23, 2023
izzou:


I am not talking about employing people. I know he did

I am talking about owning local manufacturing companies. For a man who is a billionaire and we are struggling to name companies that are producing locally in his name, it tells a lot about what he believed in.

Yes, he can be a good president.

But i never believed that consumption to production talk. Through his actions, he did not even believe in it

Like Theflint1 said.. The man that started importation isn't the same man after 30yrs business wise.
He started as a hustler and has switched from that from a long time ago hence also the possible change in outlook.
I get it's a case of practice what you preach
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 9:16pm On Apr 23, 2023
Nezzjnr:
Ago has taken over Festac finally.

What would even be the revenge sef that would be satisfying enough?
🤔
Re: EPL Chatroom - All Discussions by Theflint1(m): 9:16pm On Apr 23, 2023
izzou:


All the trailer parts i sell are gotten from China. I buy them from importers

But the day i discovered a guy that manufactures here, i was shocked

Like..this guy could just easily go to China and sell here, but he chose to buy lathe machines, employ boys to fabricate it.

That takes a lot oh
That kind of sacrifice can only come from love and passion for what he does, if Nigeria gets a president that incentivises local manufacturing or builds a brand that becomes big enough to compete, that guy go make serious money.

How does his price and quality compare with those that are imported?
Re: EPL Chatroom - All Discussions by OasisX: 9:16pm On Apr 23, 2023
izzou:


Sudan uses to have some good Medical schools

I don't know about now that it is war torn.

But people dey go there

....but 5m is much to be honest. 5m Nigerians in Sudan is huge!
Re: EPL Chatroom - All Discussions by Theflint1(m): 9:19pm On Apr 23, 2023
OasisX:


....but 5m is much to be honest. 5m Nigerians in Sudan is huge!
5 million Nigerians in Sudan sounds like a very big lie...population of Sudan is about 46 million persons.
Re: EPL Chatroom - All Discussions by Nezzjnr: 9:22pm On Apr 23, 2023
liveLongNprospa:


What would even be the revenge sef that would be satisfying enough?
🤔
The Man is tired already.

He needs peace
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 9:34pm On Apr 23, 2023
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 9:36pm On Apr 23, 2023
Nezzjnr:

The Man is tired already.

He needs peace

Exactly.
Make Baba just cut off the wife sef.
To me it's risky still loving with her coz what if she finds out he knows
Re: EPL Chatroom - All Discussions by izzou(m): 9:42pm On Apr 23, 2023
Theflint1:
That kind of sacrifice can only come from love and passion for what he does, if Nigeria gets a president that incentivises local manufacturing or builds a brand that becomes big enough to compete, that guy go make serious money.

How does his price and quality compare with those that are imported?

His price is obviously cheaper, but his product is stronger, tbh

The only issue with his is finesse. We don't have "finishing". Apart from that, his output is too good.

Majority of his customers are from Cotonou. Like 99%
Re: EPL Chatroom - All Discussions by Itsrm(m): 9:46pm On Apr 23, 2023
Nezzjnr:
Ago has taken over Festac finally.

Who are they sending the anonymous messages?
Re: EPL Chatroom - All Discussions by Drone17: 9:48pm On Apr 23, 2023
izzou:


Go to Olojo drive in Alaba and you'll see chairs littered everywhere. If you see any businessman doing it locally, then give him the maximum respect

Like i said, Importation is the easiest way to blow. You cannot tell me that Tonimas won't make more if he imports. It takes balls to start from scratch here.

All these excuses won't exonerate Obi from failing to establish even if it as bakery so people can be employed, even if he was making 1 naira profit every month.

There are people that will preach local consumption and i would listen, not a man that made his billions from importation

This does not mean he wouldn't have made a good president oh
Why do you think that he was accused of investing state money in his private business. Which business?

You don drink Hero beer before?

If an importer is telling you to produce listen to him.
Re: EPL Chatroom - All Discussions by Ibime(m): 9:48pm On Apr 23, 2023
Itsrm:


Obi did say Abacha appointed him to oversee port activities. I can't remember the exact capacity he served. He could have hit it big from there.

That is definitely where he hit it big, that's why he's keeping quiet about his rise from millionaire to billionaire

2 Likes

Re: EPL Chatroom - All Discussions by Ibime(m): 9:50pm On Apr 23, 2023
raumdeuter:
What did Obi do between graduation and entering politics that made him a billionaire bank chairman?

Answer was that he visited his primary and secondary school

grin grin grin
Re: EPL Chatroom - All Discussions by izzou(m): 9:53pm On Apr 23, 2023
Drone17:

Why do you think that he was accused of investing state money in his private business. Which business?

You don drink Hero beer before?

If an importer is telling you to produce listen to him.

Obi does not own any brewery. So investing in it, does not automatically exonerate him from cashing out from importation.

There are more hurdles to overcome from producing locally. So if you see anybody producing here, remove your cap, and shake him with two hands.

I am not taking anything from Obi's success. I am simply telling you that the man believed more in importation than local production. His means of wealth is proof.

And i still insist, it does not mean he wouldn't be a good president
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 9:55pm On Apr 23, 2023
This is a scary data

Re: EPL Chatroom - All Discussions by izzou(m): 9:57pm On Apr 23, 2023
liveLongNprospa:
This is a scary data

How is it scary?
Re: EPL Chatroom - All Discussions by Ibime(m): 10:00pm On Apr 23, 2023
liveLongNprospa:


Interesting stuff.
So the difference between someone who pays for 24hrs light in Nigeria and someone in the UK is not much it seems from what you are saying🤔. If we remove the period were they pay for heating. Unless I'm getting it wrong

Heating and electric is essentially the same thing. Just see heating as UK version of AC

So oil and gas price is the same the world over. If you are running your home in Nigeria with diesel which has no subsidy, there is no real reason to pay less than someone in UK, unless you are sourcing kpofire diesel. However UK Govt applies a lot of customs and excise on petroleum products so I believe we pay more than the Yanks.

1 Like

Re: EPL Chatroom - All Discussions by Ibime(m): 10:04pm On Apr 23, 2023
izzou:


Bros, i don't want to make excuses for him. If men that are very low in wealth can produce, i don't see why a billionaire can't

Obi was a big importer. Can you list what he specialised on, and check if it can't be produced?

One thing you should know is that Importation is the easiest way to wealth, and that is what Obi, and many other billionaires settle for

For me, he is not fit to propel the gospel of local production.

My opinion, though

Businesses seek profit not social good. If the Govt made the conditions such that producing locally would maximize his profit, then that's what he would have done.

Apart from that, I don't believe his rise is all uhuru, that's why he's been vague about it. He would have received some patronage from Govt or Govt linked sources along the way. That goes for 95% of Nigerian billionaires. The Nigerian environment hardly allows for a clean rise.

3 Likes

Re: EPL Chatroom - All Discussions by Theflint1(m): 10:05pm On Apr 23, 2023
Ibime:


That is definitely where he hit it big, that's why he's keeping quiet about his rise from millionaire to billionaire
Maybe, maybe not, but I believe he was already big at that point, and what could have helped him do the numbers from millions to billions could be no more than good old inflation and growth as the years went by. Most likely he'd have enjoyed the benefits that come from that position, and it's only natural if he did...it's no different from someone enjoying the benefits of climbing up the corporate ladder.

2 Likes

Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 10:05pm On Apr 23, 2023
izzou:


How is it scary?

We are below the required standard for doctors to population ratio.

I wonder why 🤔
Re: EPL Chatroom - All Discussions by Ibime(m): 10:08pm On Apr 23, 2023
Theflint1:

That guy wey dey talk say e electricity bill for UK dey comparable to wetin e dey pay for Naija go probably need wait make winter reach make e see as e dey go cheesy

Yes, that guy never on heating yet, he still dey wear sweater at worst. Your bill can drop as low as £70 in the summer and hit £300 plus in the winter.

He can still survive without heating by wearing sweater and plenty blanket for the most part if he côcknyash as a freshie, but e get the way your nose go block, you gast on heating to clear am.
Re: EPL Chatroom - All Discussions by izzou(m): 10:10pm On Apr 23, 2023
Ibime:


Businesses seek profit not social good. If the Govt made the conditions such that producing locally would maximize his profit, then that's what he would have done.

Apart from that, I don't believe his rise is all uhuru, that's why he's been vague about it. He would have received some patronage from Govt or Govt linked sources along the way. That goes for 95% of Nigerian billionaires. The Nigerian environment hardly allows for a clean rise.

We are saying the same thing, sir

Impotation is where the money is, and that is what he did.

So if he is saying he wants to improve local production, he never put his money where his mouth is.

I heard Obi is the major importer of Heinze Ketchup (I don't know if it is true). It may interest you to know that Ketchup is produced locally here.

And i am sure the local manufacturer cannot lace Obi's shoes in wealth, so why can't this guy do it here?
Re: EPL Chatroom - All Discussions by Theflint1(m): 10:11pm On Apr 23, 2023
Ibime:


Businesses seek profit not social good. If the Govt made the conditions such that producing locally would maximize his profit, then that's what he would have done.

Apart from that, I don't believe his rise is all uhuru, that's why he's been vague about it. He would have received some patronage from Govt or Govt linked sources along the way. That goes for 95% of Nigerian billionaires. The Nigerian environment hardly allows for a clean rise.
Exactly, it's why Izzou's story of the guy that produces locally selling cheaper then starts to add up. Anybody wey choose to do local production when they can import most likely dey do so because it's more profitable or they have an ace up their sleeves...very few would pass on profit because of passion/social good.

I can't say what that Izzou's guys margins would be like, but him selling cheaper and stronger stuffs compared to the competition is an edge.

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