Taiwo_Ajakaye Profile picture
Jul 20, 2022 13 tweets 7 min read Read on X
BUHARI & NNPC UBER-NIZATION...

One thing you should do constantly on #TwitterNG is to have enough sense to learn, because you will never know everything but you can learn about everything.

What did Buhari's NNPC action mean? Is it PRIVATIZATION or COMMERCIALIZATION?🤣
Like them, hate them, Buhari/Osinbajo ticket is the best deal Nigeria has ever gotten in that office in Aso Rock & this present 9th Assembly is the best deal Nigeria has ever gotten in its democratic era since 1999.
What @MBuhari did with @nnpclimited will be part of his LEGACY.
So NNPC (Nigerian National Petroleum Corporation) is now NNPC Limited (Nigerian National Petroleum Company)..

It was like IMPOSSIBLE for 20 years now, then Buhari did it. What did he do to NNPC in laymen terms? He did what I simply call UBER-NIZATION of our family property🤣🤣
200 Million Nigerians as a family has this nice CAR they use called NNPC. It is our property but the usage is being abused by the few privileged ones in the family. Sometimes, they take it to night club, messed it up & still asked our family to repair the car & pay the driver.
Since our previous heads of family were also enjoying the abuse of our common property, they wouldn't do anything to change the abuse of the car even when we've said it severally in the family house that something must change in the use of this CAR for more than 20 years...
One of the intending family heads said he would kuku sell this our family car so that we will not be wasting our family budget on it....The problem was that just like the previous family properties he sold, Akotileta said he would sell it to his USUAL friends that underpaid us🤣
The last time Atiku had opportunity to be part of the heads of the family, he sold one of our cars (ALSCON), the car was worth $3.5 billion, Atiku said he made mistake & sold it for $250 million when there were others who wanted to pay billions.
You no go lead this family again!
That is why Baba Obasanjo under whose watch Atiku sold (privatized) those cars said God will not forgive him if he supported Atiku to still be head of this 200million family o...

Baba @atiku, you no go lead this family again o, no waste your time....
After 3 decades, Buhari didn't just set up reform about #PIB, he signed the bill into law & that forever shall be an all time achievement.
If SETTING UP REFORM was your standard of past achievement, pls UPGRADE your standard, Buhari had MOVED IT UP.

bloomberg.com/news/articles/…
So which approach is Buhari take? He said we'll not SELL (PRIVATIZATION) this family car, we'll not allow few privileged family members to keep messing it up, while we still spend family money on it. We'll use it to do UBER (COMMERCIALIZATION) while still having it as 100%🕺🕺
So, Buhari (APC) did not PRIVATIZE NNPC Ltd o, they COMMERCIALIZED it.

PRIVATIZATION: The transfer of a business, industry, or service from public to private ownership and control.

COMMERCIALIZATION: the process of managing or running something principally for financial gain.
Meaning: This NNPC Ltd still belongs to 200million Family 100%. But any member of the family will not be able to take it to naming ceremony, nightclub or religious service for free like before again...

We go use am do UBER (commercialization), UBER driver go give us our money!
UBER drivers will be using the car for COMMERCIAL purpose, they'll not wait for our family meeting before they use the car, fix or change any part of the car again...
But that car you see with UBER driver still belongs to our family 100% this time around. Na COMMERCIALIZATION!🚶‍♂️

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Taiwo_Ajakaye

Taiwo_Ajakaye Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @dmightyangel

Jun 1
AN IDEAL MINIMUM WAGE AT N100,000

Let's assume we want to be more focused than the comedians leading the NLC at the moment, what do you think the MINIMUM WAGE should be in Nigeria?
I align with N100K but, we will have to look at the implication of that even at N100K

Thread🧵 Image
If The labor force in Nigeria was estimated to reach over 75.5 million people in 2023, it means labor force now should be tilting towards 80 million Nigerians...
Out of this 80 million, ~2 million are engaged by the Federal Government. No State Govt has workforce above 250K.
Image
Image
Calling State Govt workforce 250K is just a generous assumption for the purpose of this article, assuming 250K on the average for 36 States and FCT, we will be talking of less than 10 million workforce.
Workforce of FG & the States is less than 12 million out of 80M labor force.
Read 11 tweets
Feb 25
DEFENDING NAIRA, WHO WOULDN'T WANT TO BE OVERNIGHT MILLIONAIRE?

Naira/dollar was officially N430 but at parallel market N750.

All I needed to become a multi millionaire was to have link to people in CBN or Banks.... Image
Sir, I want to do a project, I don't want to disturb you... Please can I get $100K at official rate?

And the contact in CBN got it out for me while I paid official rate of N430/$

For $100,000, I would pay N430 X 100,000 = N43 million.
Let me be a good boy and pay N45 million....That extra N2 million was just to appreciate.

So I paid N45 million to get $100K at official rate from my link in CBN or any of the Banks...

So on my bed, I simply called my link in Sabo & would tell him I have $100k to sell.
Read 4 tweets
Sep 2, 2023
NBA Videos I have so far...
Summary: NBA President Yakubu Maikyau has not been allowing THEM to eat the purse of NBA as their customs used to be, rather he was spending his own money and encouraged others to do same...
They hate such a man, they wanted USUAL CHOP-CHOP🤣🤣
Yakubu Maikyau was simply not playing game with "them"🤣🤣🤣
Lovers of Nigeria, make una judge this case o...
Yakubu Maikyau said "it's all about money"🤣🤣🤣
Read 8 tweets
Aug 15, 2023
This is where we keep getting things wrong in Nigeria & I'll use myself as an example for HND holders.

I had HND in Physics with Electronics from The Federal Polytechnic Ado Ekiti, Ekiti State. I graduated with Upper Credit in 2003.

So let's assume I want to do TOP-UP to BSc using the platform provided by @NBTENigeria which is a Govt agency, I will have to do that in FOREIGN COUNTRIES with FOREIGN CURRENCY, pay $50 fee and another $1000 to a foreign Institute when we have more than enough options here in NAIRA already🤣🤣🤣

The question is, do we have THINKERS in these agencies of Govt or all they wake up to do is collect salary, present budget and enjoy life? Who formulates these shallow Policies and what exactly are they paid to do?

As in Nigerians are being encouraged by @NigeriaGov to put more pressure on DOLLAR/NAIRA that's already a serious economic issue.

Are we serious in this Country at all?
@KashimSM @officialABAT @femigbaja @NGRSenate @SGFAkume
Another funny thing about what @NBTENigeria is doing with this their conversion runs is that ALL the foreign Universities they are asking Nigerians to pay $1000 + $50 to are all PRIVATE UNIVERSITIES...

So, why not kuku make the conversion thing a Nigerian Private University relationship and ask people to pay the equivalent in Naira?

Do these people think at all?
And this exposes another error of our system.
I can assure you that all the Tertiary Educations Nigerians apply for outside Nigeria and they need to fill form in Banks to pay in foreign currency from our Limited FX are all PRIVATE FOREIGN INSTITUTIONS.

And we are crying that FX is dwindling or pressure on Dollar....
We are not serious as a people.
Read 6 tweets
Jul 31, 2023
FUEL PRICE & PERCENTAGE INCREASE IN NIGERIA HISTORY..

LET'S CHECK DATA👇

During Gowon till 1973: 6k to 8.45k...(40.83%)

During Murtala-1976: 8.45k to 9k..(6.51%)

Obasanjo as Military President -Oct 1,1978: 9k to 15.3k...(70%)

Shagari-Apr 20,1982: 15.3k to 20k...(30.72%) Image
Babangida-Mar 31, 86: 20k to 39.5k..(95.5%)

Babangida-Apr 10, 1988: 39.5k to 42k (6.33%)

Babangida-Jan 1, 1989: 42k to 60k (42.86%)

Babangida- Mar 6, 1991: 60k to70k (16.67%)

Shonekan-Nov 8, 1993: 70k to N5 (614.29%)

Abacha-Nov 22, 1993: N5 to N3.25K (-35%)
Abacha-Oct 2, 1994: N3.25k to N15 (361.54%)

Abacha-Oct 4, 1994: N15 to N11 (-26.67%)

Abubakar-Dec 20, 1998: N11 to N25 (127.67)

Abubakar-Jan 6,1999: N25 to N20(-20%)

Obasanjo -June 1, 2000: N20 to N30 (50%)

Obasanjo-June 8, 2000: N30 to N22 (-26.67%)
Read 5 tweets
Jul 19, 2023
HANDLING POST SUBSIDY GAINS & PAINS SENSIBLY

I had a lengthy conversation in office today because of what WE are all facing...The reality of this so called TINUBU POLICIES🤣🤣

Someone started with "Mr T, fuel has increased again o, ki lo n sele gan gan"? https://t.co/34e75wnt5C
Image
I responded in my usual offline way..."This is RENEWED SHEGE, UNA NO WANT LEADER WEY GET POLITICAL WILL AGAIN"?🤣

"Serious Mr T, NNPC just announced another high price now, WHY"?..

I read my earlier Tweet 👇
themhttps://twitter.com/dmightyangel/status/1681597607691337729?s=20
What have WE been talking about & abusing Buhari about till May 29th?
"We need a leader with political will"
"Allow Market Forces to determine"
"Subnationals need more resources"
"We must hold our Governors accountable"
"Subnationals need more resources"

Unserious ppu🤣🤣
Read 25 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(