Racoon:
All those Tinubu's ashiwere supporters are still deluded waiting for an elusive hope that has no iota of hope but just renewed suffering and misery.

He was not part of it.

Looter100:
even your moderator can't have words with me ,even my narcissist dad is scared to talk to me who are you bro

nairalanda1:
Things like power supply cost money

Right now discos made a profit of 1 trillion and owe the gass man 1.7 trillion

So if they use their profit to pay the gas man, they would still owe money.

Anyways..

CodeTemplar:
I supported petrol and education subsidy to remain but endorse power subsidy to go. Immediately petrol subsidy made way May 2023, power subsidy miraculously started to pick up, not neccessarily due to improved supply but overestimation of usage by DISCOs. Lets power be used used for the most pressing needs like water pumping, press ironing, lighting, and maybe few other neccessary uses. Cheap electricity should be for productive uses and not for staying on tv allday watching african magic or bypassing it to run printing press.

joefelin2345:
How did they arrive at Gross Profit of 1 trillion Naira in the first place without deduction of Gas expenditure? That to me is a voodoo Accounting. And I can't believe that for Corporate Organizations with a lot of Chartered Accounting personnel among other Financial gurus. Pls tell us another story. We are not novice joor.

christejames:
But during the election you were writing articles upon articles subtly in support of the candidature of Tinubu so why are you dissipating wailing 😩?

Paraman:
Farooq lawan should concentrate on American politics

ajimo54:


Tinubu is a CAPITALIST not Socialist! Nigeria construction recommends capitalism! All those policies are meant to make Nigerians hardworking and rich. I am already working on how to establish a power industry in my state.

Lovit:
Don't pity some poor Nigerians, especially those in the SW and North. They rather enthrone a terrorist or a drug addict than vote a good man

(apologies to yorubas and Northerners that voted for Obi)

Tinubu, continue to pepper the poor people in Nigeria, remove all subsidies so that life will be more cruel

The poor people here never learn!

stepaside1:
Farooq employs emotional arguments in this piece, more pandering to the crowd than addressong key issues.

Firstly, only 15% of power customers are impacted by the tariff hike. This is the segment of our population that can afford it. The remainder 85% to which majority of the masses belong are not impacted. In fact, it is a proper Robinhood scenario where we 'rob' the rich to pay the poor.

Secondly, since the privatisation of the power sector in 2014, no meanigful progress has been made in the sector - in fact there has been decline across board in generation, transmission and distribution. This is despite trillions in subsidies paid to generate darkness. Will it be reasonable to keep doing the same thing yet expecting a different result? That will be the proper definition of madness. I would have expected an intellectual like Farooq to paint both sides of the picture if not for anything, for some debate.

Thirdly, this goes to incentivise the sector by reducing subsidies by more than half in the first instance. There is still subsidy in place for the vast majority of the masses. Those in Band A are mostly rich residents and manufacturing concerns. If they enjoy at least 20hrs of electricity daily, it will bring down their power costs significantly as the alternative power currently used by this same people costs more than twice the new tariff.

What I expect is for citizens to hold the feet of these discos to the fire by demanding the level of service for each banding group and in so doing getting more productivity out of the largely incompetent discos.

The courage to take the sort of decisions that this govt has been taking is unprecedented and though coming with short term pains, has significant long term benefits.

PStacks:



You guys can never see no good..

I'm highly dissapointed in this Farouk Perogi guy walahi

DeepSight:


Political ascent, exile, and return
Tinubu was elected to the Lagos West senate seat in 1992 as part of the Social Democratic Party (SDP). In the wake of the country’s annulled presidential election in 1993 and Gen. Sani Abacha’s subsequent seizure of power later that year, Tinubu became active in a pro-democracy group, the National Democratic Coalition (NADECO). He was initially jailed for his pro-democracy activities before fleeing in exile in 1994; he returned to Nigeria after Abacha’s death in 1998.

https://www.britannica.com/biography/Bola-Tinubu

Born on March 29 1952 his political career took off in 1992, when he was elected to the Nigerian Senate representing the Lagos West constituency. That was during the short-lived Nigeria’s Third Republic. After the results of the 12 June 1993 presidential elections were annulled, Tinubu became a founding member of the pro-democracy National Democratic Coalition (NADECO). The well-coordinated group effectively mobilized a groundswell of public support for the restoration of democracy and the validation of the 12 June election results.

https://www.vanguardngr.com/2014/08/tinubus-contributions-democracy-nigeria/

Paraman:
You go ask tire

Paraman:
He didn't touch any spine. Let him come back and live in Nigeria if he wants to keep on talking about what's happening in Nigeria

He should stop pokenosing

IfnobeGod20:

Mr. Man, you guys should stop spreading unfounded lie. Tinubu wasn't part of the founding members of NADECO. The least you can say is, he is a financial member. He ran away and from exile he was financing the group.
Here below is what Osoba has to say concerning NADECO. Remember he was part of those that started it and again Tinubu's right hand man. So he cannot be telling lie because he has a first hand info.
Happy reading:

“However, I was lucky that one of the commissioners of police at Kam Salem House, then Prince Rilwanu Babatunde Akiolu – who later became the Oba of Lagos as Oba Rilwanu Babatunde Akiolu 1 – gave me the key to his office and asked me to sleep there every night.

“I was grateful for this but was apprehensive that I could put Akiolu in trouble if found to be aiding and abetting an ‘enemy’ of the regime. He asked me not to worry. I also used his office phone to contact my colleagues in the struggle.

Later, Commodore Dan Suleiman and I were charged to court for forming an ‘illegal organisation called National Democratic Coalition (NADECO).’ Interesting enough, the man who led our defence in court was Chief Abraham Adesanya, himself a leading member of that ‘illegal organization.’ Others like Chief Enahoro and Dr Beko Ransome-Kuti of the Campaign for Democracy were also arrested. Former Governors Bola Ige and Balarabe Musa were also detained with us briefly.”

There was no where Tinubu's name was mentioned as one of the founding members.
Here below is the link for details.

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://tribuneonlineng.com/june-12-how-nadeco-was-formed-osoba/&ved=2ahUKEwinzPv-pK6FAxWDUUEAHUNdAS8QFnoECB4QAQ&usg=AOvVaw1UDWT_Q0dUq3HZbg0H76HM

CorrectionFLuid:


If you don't want to be seeing his articles, pluck out your eyes. Stop pokenosing.

DeepSight:


Many thanks for this. But please note the following:

1. This does not say he was not a founding member
2. I never said he was a founding member.
3. What I said is that he was part of the struggle and contributed to it.

ajimo54:


Tinubu is a CAPITALIST not Socialist! Nigeria construction recommends capitalism! All those policies are meant to make Nigerians hardworking and rich. I am already working on how to establish a power industry in my state.

IfnobeGod20:

You're welcome.
But you saw the array of people that founded NADECO as spelt out by Pa Segun Osoba, there was no where he mentioned Tinubu or is there a place you conspicuously see Tinubu's name?
Yes, no doubt Tinubu later joined in the struggle and when the the theater of war was hot, he ran away to exile while his colleagues were arrested and some jailed because I saw in your comment I quoted you said Tinubu was jailed. Please in which prison? He was only arrested by the police and put at the counter and was later released before he flew to exile. No doubt, Information heard it that he was one of the financial member that he was sending money from exile.
Know the difference between jailed and detained.

hansomb:
There is no courage in kicking people who are already down, people who are down on their luck, and people who are down in the dumps as a consequence of being serial victims of a steady succession of cruel and self-serving governments who are servile errand boys of the racist sadists at the IMF.

There is no courage in oppressing the oppressed. That's cowardice. That’s callousness. It’s unrelieved maliciousness. And it’s not something to be proud of, not something to make a song and dance about. On the contrary, it’s something to be mortally ashamed of.

DeepSight:


My dear brother I would be glad if you quote where I said he was jailed.

nairalanda1:
Things like power supply cost money

Right now discos made a profit of 1 trillion and owe the gass man 1.7 trillion

So if they use their profit to pay the gas man, they would still owe money.

Anyways..

lexy2014:


dude, how did discos start owing gas of 1.7tr?

is it like they have been using gas for free all these years?

nairalanda1:


Lexy, things cost money. Asking questions over and over again won't change the fact. Being rhetorical won't change the fact.

Things cost money and people like to be paid
You inclusive.