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Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
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20 Nov, 4 tweets, 1 min read
This app is gradually turning into a colony of buffoons. This one thinks sanctions are directed at certain individuals.
When the entire world sanctioned Nigeria under Abacha, the man was busy eating apples and having a nice time in Aso rock..
Your parents were the ones looking for sawdust to cook the next meal and hustling for sàbálò fish in the market. Up till today, the research grants at our universities that were stopped due to Abacha and June 12 crisis haven't been reinstated.
June 12 is part of the reasons why we have a shitty University research system. The sanctions will not affect anyone in Aso rock. Nigeria was sanctioned yet Abacha was looting like no man's business. The same countries that sanctioned Nigeria accepted the money he looted.
While Nigerians were groaning under economic hardship converting kerosene stove to sawdust and charcoal stove. Will the sanctions stop Yusuf and Zahra from eating 3 square meals?

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More from @fimiletoks

Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
19 Nov
DICON owned by the Nigerian Army manufactures several weapons - MRAP, AK 47 / OBJ 006 riflrle used by the military, NR1 rifle, semi automatic pistol NP1 and the ammunition used. I don't know where the Nigerian police source their ammo from but for the army, usually it's DICON
Read 5 tweets
Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
17 Nov
Problem solving skills in Nigeria = Zero. Everybody knows that bandits terrorise farmers and villagers in certain areas of the north. This has been the norm for 2 - 3 years. Up till this moment we don't have the data on the effect of these criminal activities.
How many tonnes?
How many acres?
What are the crops most affected?
How much income do these farmers lose yearly?
Do we have substitutes pending the resolution of the security issues?
How else can we ensure grow these crops?

Netherlands exported €94bn i.e 43trn worth of agric produce in 2019.
N43trn made from export in a country with 41,500sqkm of landmass. 6 times our estimated revenue for 2020! Our total revenue from Agric alone.
Nigeria is >900,000sqkm , 20 times the size of Netherlands, 82m hectares of arable land but we can't feed ourselves. Image
Read 7 tweets
Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
16 Nov
Yes, let me try and explain it clearly. Ecowas has what is called Common External Tariff / duty. The breakdown is shown in the document below. The tariff is meant to promote trade, industrialization and development within the region. When the chinese, lebanese and some Nigerians
Import these items through Cotonou and Togo ports, some of them are repackaged e.g Rice and others are moved through the land border under Basic social goods, Raw goods and capital goods. Cars for example will fall under capital goods. They pay 0% duty or 5%..
These goods are not produced in those countries so ordinarily they should not qualify for CET. They should be shipped to the port of final destination directly or through trans-shipment to our port.
The disparity in tariff encourages smuggling and dumping.
Read 6 tweets
Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
16 Nov
A guy said doc, we have 70m poor people in Nigeria, "poverty capital".. I replied but we have 136m people that aren't poor in Nigeria. This figure is enough to populate other W. African countries. The population of W. Africa net Nigeria is 167m. What have we done with this number
How do we ensure that they don't roll into poverty. I also explained income and deprivation. Deprivation is the biggest issue not income. Pick a village, provide the basic amenities - hospitals, schools, water, off grid power, roads, security, financial services, loans..
And watch them flourish in few years. This is how countries lift people put of poverty. We don't necessarily need to put money in their hands. Build a University in my town today and watch how trade, farming, real estate, retail stores, laundry, restaurants spring up.
Read 4 tweets
Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
14 Nov
Access, a combination of Diamond and Access bank has over 600 branches, operating in 3 continents and 31m customers. N4.5trn deposit from customers, gross earnings of N667bn.
How many accounts can you lead people to close on twitter? How will it affect their balance sheet?
Can you remove N1trn out of the bank's deposit from twitter?
Your brothers and sisters working in the bank will be the ones to reopen the accounts as part of their KPIs. You are only threatening the jobs of Nigerians working in the bank. You better go to court and challenge CBN.
It's your account officers that will suffer. All of them will be asked to open 100 accounts with available balance in 1 week.
What do you intend to achieve on twitter? With a PBT of N115bn & N278bn net interest income, 667bn gross earnings, can you take 5bn out of these figures?
Read 4 tweets
Dr. Guendouzi ( The Cerebral Assassin ) Profile picture
7 Nov
Let me paint a typical scenario of systemic corruption in Nigeria. The government is about to reconstruct a road. Road identified, linking town A with B. The minister or commissioner goes to the ministry of works to inform the civil servants of the project to be done.
The civil servants from the perm sec, directors, engineers, surveyors etc have to validate the project. They are the ones to measure the length/ width etc. The road which is 30kms in length after measurement by civil servants become 38km. Road padding and contract inflation..
The cost of the padded 8km is their gain in the ministry. From top to bottom, they set up to share the proceed of the corrupt act. The minister or commissioner cannot physically measure or inspect all the roads that require attention and by law he must work with the ministry.
Read 9 tweets

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