Chijindu

Architect | Ivey MBA | Global citizen | Aspiring Polymath

[Chijindu @_chiji_]

This is why I came here: Madam with no ID card came in a Danfo to carry our ballot boxes. She claimed the polling unit was wrongly located. We sent her packing and reminded her that this is 2019 and not 1999. @channelstv @AIT_Online

[Dom Lucre | Breaker of Narratives @dom_lucre]

🔥🚨LATEST: Resurfaced footage of Joe Biden going viral. This is one of the few moments Joe can be seen showing genuine compassion. When a gunman murdered 17 students and faculty at Florida's Marjory Stoneman Douglas High School.
As Biden was turning around to leave, Corey the son of Chris Hixon, the heroic athletic director who was shot dead saving lives that day ran up to him and announced "I'm his son."

Biden asked him if he was okay, and Hixon shook his head.

"You'll be okay," Biden said. "WE'RE going to be okay. We're going to be okay, I promise."

If I a willing to say this as a Conservative I urge Liberals to show the same honesty for the countless moments Trump has shown compassion. Let us be the change we claim are waiting on.

[Chijindu @_chiji_]

@Roid050 @MiftaudeenAbd12 @Officially_Kriz Name the countries please and state how Nigeria's current situation shows the same trend

[Chijindu @_chiji_]

@Roid050 @MiftaudeenAbd12 @Officially_Kriz Are you serious or trolling? Guyana discovered oil it never had and cannot sustain this rate for long. What has Nigeria discovered?

[Chijindu @_chiji_]

@Roid050 @MiftaudeenAbd12 @Officially_Kriz Is there anything on ground that shows you we will grow at 30% this year? Not to talk of growing at over 30% for 4 years in a row. The only countries that have sustained double digit growth back to back on normal times are China and Guyana and both have an underlying anomaly

[Chijindu @_chiji_]

@MiftaudeenAbd12 @Officially_Kriz You just confirmed my guess that you don't understand the simple math involved here.

[Chijindu @_chiji_]

@MiftaudeenAbd12 @Officially_Kriz Simple math will tell you that Nigeria will need to grow by 36% per annum for 4 years to be a 1 trillion economy by 2030. A record no country on earth has ever achieved. Is there anything on ground that shows you tat is remotely possible?

[Chetuya Chinagolum @Chetuyachinago]

It is highly interesting and deeply ironic that Nigeria is currently being paraded as having the "world's best-performing stock market."

To put statistical illusion into clear mathematical perspective, South Korea comfortably has over 200 publicly traded companies with an individual market capitalization exceeding $1 billion USD. In stark contrast, the total number of companies on the Nigerian Stock Exchange with a market cap exceeding that same $1 billion mark sits at a measly, fluctuating 11 to 18. Furthermore, the South Korean Stock Exchange is home to over 2,500 listed companies, whereas the entire Nigerian stock exchange is struggling to maintain even 150. To make matters infinitely worse, the annual revenue of just one single South Korean conglomerate, Samsung, comfortably exceeds the entire, devalued annual Gross Domestic Product (GDP) of the Federal Republic of Nigeria.

So, it is obviously completely insane and deeply delusional to imagine that Nigeria is genuinely outperforming the rest of humanity in its actual economic output, industrial productivity, or stock market indices. Nigeria is currently the undisputed poverty capital of the world, where small businesses are collapsing by the dozens every single day. So that begs the question: what does this glowing market report actually mean for the ordinary people of Nigeria?

Well, for one, if a struggling, debt-ridden developing nation suddenly starts to heavily outperform advanced, highly industrialized nations on its stock exchange, it is actually a massive, flashing red indicator that the country in question is facing a severe and monumental hyperinflation. Nigeria is currently experiencing historic, record-breaking inflation, so this stock market boom is merely an indicator that wealthy oligarchs, institutional investors, and local investment banks have smartly recognized that if they hold their cash in standard bank accounts during this highly volatile period, they will lose their purchasing power every single day. Since they cannot easily access scarce foreign currencies like US dollars or Euros due to strict government currency controls, they desperately dump their fast-depleting Naira into solid, tangible local stocks like Dangote Cement, BUA Group, or MTN Nigeria just to preserve their wealth.

So, this triumphant news report that we are passionately commanded to celebrate is actually a terrifying warning sign that Nigeria is experiencing severe, runaway inflation. The local elites, corporate cartels, and bank directors are frantically tripping over themselves to buy blue-chip local stocks strictly to hedge against currency collapse, and this sudden, desperate surge in local demand has artificially driven up the prices of these shares to such a disproportionate, heavily padded percentage that on paper, it looks much more profitable to invest in the Nigerian stock market than in the highly productive, technologically advanced South Korean stock exchange.

Another major reason for this artificial stock market spike is the aggressive, reckless increase in interest rates by the Central Bank of Nigeria on behalf of the IMF and the World Bank. While this brutal rate hike has successfully collapsed thousands of local manufacturing businesses because commercial banks are now charging as high as 40% interest on business loans, it has also temporarily attracted a massive influx of volatile "hot money" from foreign speculators who are lending money to the Nigerian government by purchasing short-term treasury bills and sovereign bonds just to greedily exploit these high yields.

It is crucially important to historically emphasize that Nigeria is absolutely not the only developing country to be declared the "best-performing stock market in history." Mexico proudly achieved this exact same fraudulent title in the run-up to 1994, and it ended up almost collapsing their entire national economy into absolute oblivion. At the time, the Mexican government, acting on the strict advice of the World Bank, aggressively increased interest rates and adopted painful Structural Adjustment Programmes that triggered massive hyperinflation across the country. This temporarily, artificially increased their foreign reserves as yield-hungry international speculators dived in to exploit these high interest rates, causing their local real estate markets and stock exchanges to explode into a virtual goldmine for foreign investors. But this artificial boom did not even last for a few years. The moment the United States Federal Reserve increased its own interest rates, international investors panicked, liquidated their assets overnight, and pulled their hot money completely out of Mexico. This massive, sudden capital flight almost collapsed the Mexican Peso, forcing their desperate government to raise domestic interest rates to an astronomical 70%, but even this extreme measure was not enough to save the country from descending into total state failure. This was the exact moment Mexico was forced to accept a humiliating, sovereignty-destroying bailout from the IMF and the United States totaling a massive $57 billion. Exactly $20 billion of that came directly from the US treasury, but it came with the highly insulting, neocolonial condition that all revenues from the global sales of Mexican state-owned oil must be deposited directly into the Federal Reserve Bank in New York City as collateral to secure the debt, while the IMF forced even more brutal, structural adjustment programs on Mexico that the country has still not fully recovered from even to this very day.

So, while this stock market boom is currently being heavily marketed as another monumental, ground-breaking macroeconomic achievement by the Tinubu Administration, it is in reality extremely dangerous, deceptive, and reckless. Not only does it completely fail to reflect the actual, material reality on the ground, which is that Nigeria is currently the bleeding poverty capital of the world, but this exact, artificial economic bubble has the direct, terrifying potential to completely collapse the Nigerian economy, trigger massive capital flight, and permanently reduce the country to a subservient, bankrupt puppet state run entirely by the harsh austerity measures, economic dictates, and financial chains of boardroom terror organizations like the IMF and the World Bank.

[Libs of TikTok @libsoftiktok]

MAJOR s*x sting operation bust in Florida

12 Chinese nationals were arrested by Miami-Dade police after they were allegedly caught performing s*xual acts for additional payments at massage parlors.

Each of the foreign women is now charged with prostitution and practicing a health care profession without a license

[Chijindu @_chiji_]

@Madridghost1 E no dey pain you. No be everybody go japa na. Who will build our great nation?

[Chijindu @_chiji_]

@Madridghost1 How about stay and build Nigeria?

[Alex Onyia @winexviv]

The wait is over.

We have 2 golds: Chimdiebube Onwubiko and Don Anele Munachimso.

We are the best in the world!

Egejurum Onyedikachi’s name was omitted. He should have a gold.

[Chijindu @_chiji_]

@GadSaad I'm really sorry you have to pay your fair share. The sane Canadian society you have benefited immensely from was built with the taxes of people before you who chipped in their fair share. Pay up and leave if you must or you're welcome to stay buy pay up you must.

[Barack Obama @BarackObama]

It was great joining Njideka Akunyili Crosby — a gifted Nigerian-born, Los Angeles-based artist — to unveil our first portrait together. This piece reflects so many chapters of Michelle and my story, and we’re thrilled that it will be on display in the Hope and Change lobby at the Obama Presidential Center starting this Juneteenth.

[Chijindu @_chiji_]

@OzorNdiOzor Buhari wasn't controlled by anyone. He was responsible for the people around him. Every decision that translated into disaster for Nigeria was approved by him. His 8 years were identical to his 1983 stint when the so called cabal was not near him. Nothing changed, same old fool!

[Chijindu @_chiji_]

@XBrianDennis @Starlink They're preparing for an IPO. They need that subscriber number to stay inflated for as long as possible. Wait until they IPO, you gon see crazy!

[Chijindu @_chiji_]

@Chetuyachinago Well said! Your first indication that they are plants is the fact that their message is viral and far reaching. If they were truly exposing the empire like they claim, it will take nothing to deplatform them and silence their voices.

[Chijindu @_chiji_]

@thisdudelikesAI @ikhide This was already pretty obvious and did not require a PhD study. AI chatbots are commercial products at the core. For the business model to work, user need to be told what they want to hear.

[Chetuya Chinagolum @Chetuyachinago]

I put on my fraud detection hat whenever I see a 22 year old Tech bro who supposedly dropped out of college to fund an AI startup. In this case, what I found about this Kled guy is incredibly disturbing.

K5 Global is Kled’s lead investor. K5 Global is a firm that frequently invests alongside the Palantir and Thiel network. Another Kled backer, Aglaé Ventures, owned by Bernard Arnault, has a massive AI portfolio that intersects with the same labs that Palantir’s AIP integrates with.

Basically, Kled is the Data Harvester for Palantir. Their job is to mobilize hundreds of thousands of gig workers, mostly from the Global South, to upload personal photos, videos, and documents. They convert raw human life into a machine readable product. Their clients like Palantir act as the Data Refinery. Palantir’s software, specifically Foundry and AIP, is designed to take that data and make it actionable for governments and corporations to put into global surveillance and military use.

We can safely conclude that this Kled guy and other similar AI startups harvesting user data are human meat shields. They are specifically set up and funded to do the dirty work for Silicon Valley tech empires.

Understand that these Large AI labs are currently being sued by artists, writers, and publishers for stealing data through web scraping. To win these court cases, OpenAI and Palantir need to prove they have clean, consented data. Buying a dataset from Kled, where every user signed a 50 page digital consent form in exchange for $20, gives these billion dollar tech companies a free pass.

Also, imagine if Palantir, a company already criticized for government surveillance and US military war campaigns, offered to pay people in developing countries to film their living rooms and daily activities. It would look like a global surveillance network. By using Kled as a middleman, they get the same data but keep their hands clean in the public eye.

Even though we cannot verify his claim of Nigerians defrauding his company, what we can verify is that he is an industry plant. He is set up to allow AI data labs to continue harvesting user data for global surveillance and military use.

[Chijindu @_chiji_]

@efemjoba @Eniolorunda Pay them global rates and they will gladly stay in Nigeria and give you world class quality work