₦airaland Forum

OlujobaSamuel:
Lol, the funniest thing is that the company is having staff and unions of various type.
When I just got to know about the company some years back, I thought it's a case of one seeking expansion or like that of Nigeria Airways that some staff claim due process wasn't followed in laying them off, I no know sey na foetus wey don reach 7months but no sign of 8th and 9th month not to mention delivery

That’s the only ‘commodity’ that Ajaokuta has produced in 40-odd years...
A bloated workforce and management staff with generous perks and benefits.
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sulaak:
Steel is not a raw material!

Iron ore, coal\coke or natural gas are the raw materials for the production of Steel. Nigeria has low-quality coke and iron ore hence the iron ore and coke will have to be imported, although coke can be replaced with the GAS.

Not necessarily, that’s why there’s a beneficiation plant at Itakpe...
Furthermore, the mines being exploited by the Australians at Agbaja has ore of 65% Fe.
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sulaak:
Ajaokuta Steel technology is out of date in the era of robotics and automation, energy efficiency is paramount and the antiquated Russian built Ajaokuta steel plant will not work in the 21st century. Nigeria should scrap the Ajaokuta steel plant and turn the site into a technology park for new technology such as semiconductors, biotechnology and AI.

Small automated steel plants, like the old Delta Steel plant, can replace Ajaokuta Steel.

The old Delta Steel has been PRIVATIZED and re-engineered/rebuilt, and is now known as a Premium Steel...

Jokers! If it were not so tragic this would be funny! SMH

Ajaokuta Steel is based on outdated 1960s/70s Soviet-era technology...
Should be sold off “as is” or scrapped, but won’t happen as it employs ‘Comrades’ without turning out an ounce of steel.
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rflamz230:
We still have good men among the racist white. People withcore value for human development irrespective of colour. Is good to know.

There are good (and bad) people in EVERY race (or ethnicity)...
Therefore, judge INDIVIDUALS on their own merit and not on stereotypes or prejudices.
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Dpharisee:
His achievements got him the ADB job, even Buhari campaigned vigorously for him

Already acknowledged his technocratic accomplishments (after all, he came into the GEJ cabinet from AGRA)...
Question (following the clamor here for a position in the Nigerian govt) is what he achieved for Nigerians in his tenure in the Nigerian govt?
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LegendHero:
Those other commissioners with qualifications and job experience, who them epp?

We want our generation to do BETTER...
Not be just as USELESS so long as we’re invited to “eat” (circa the late SM Afolabi).
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Nigerians will turn everything into a meaningless contest...
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ASHLAND:
If you want to fast-track without previous credit history, that is the best; and that is what I did in my case. However, the deposit is like I opened account with the institution but won’t be able to withdraw from the account.

Unless you’re saying that you can charge the card for more than the amount in the account...

Whatever fanciful term the bank may have dubbed your card, it’s effectively a DEBIT card...
In fact, it’s WORSE than a debit card as you’ll pay interest on the “credit” ostensibly being granted.

Meanwhile, you and your business should be SEPARATE legal persons (with different BVN and TIN numbers)...
Thus, unless you’re providing a personal guarantee for loans to the business, your personal credit history is irrelevant.
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deltateam:
What do you mean in your last paragraph?

As a startup you should ideally be drawing working capital from equity rather than debt...
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MrBrownJay1:
Stigma is not hatred, it's just ease of life....
- when Africans look down on ALL albinos and hunchback, that's not hatred, that's just how they were raised.
- When Africans look down on single mothers, that's not hatred, that's just misunderstanding and foolishness.
- When xtians believe that a person who doesn't abide by their holybook ok is a sinner/demon, that's not hatred, that's just brainwashed stoopidity.

First, of course stigma can very easily be hatred depending on the context...
Nonetheless, demonizing entire population (to the point of physical attack) is more than just passive prejudice.

Let’s try to not conflate or confuse issues. There will always be dumb and unenlightened people burdened with dumb and primitive prejudices, but that’s largely irrelevant here because the barbaric xenophobia in South Africa is NOT the result of some benign prejudice anchored on primordial superstitions. Rather the xenophobia in S/Africa, which physically manifested itself in the barbaric attacks on whole populations of black Africans is the manifestation of ACTIVE HATRED and demagoguery. In other words, even using your own examples for argument’s sake, there’s a world of difference between passively shunning albinos/single mothers and actively trying to lynch them.
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Bacteriologist:
According to UN... Thanks for chipping that in.

Now I'm of the school of thought that a city with high population and matching infrastructure is what qualifies to be a megacity. So I'm not in the wrong.

The infrastructure part is irrelevant to ‘megacity’ classification...
Despite the colloquial manner some Lagos politicians (mis)use the term, population size is the SOLE criterion.
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ASHLAND:
Actually, many of the financial institutions will ask start-up to deposit certain amount of his/her choice to their institution as collateral, then, they will issue you a credit card in the amount deposited and charge interest on the credit card as you use it; meanwhile, you will start having good or bad credit based on your repayment on the card.

You don’t need to be a startup (or require a bank loan) to get a credit card...
A credit card provides just that - credit! If it’s cash-backed, it’s effectively a DEBIT card.

PS: Btw, would personally never advise anyone to use a credit card for working capital!
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kcub:
as me and MIne still get pass you and to come's

If you and yours did...
You wouldn’t be here disgracing your progeny with gibberish.
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GloShare:
That's why startups cant grow.

Stingy institutions

Stingy? I hope you know that Banks' lend out OTHER PEOPLE's (primarily Depositors’) funds...
In Nigeria, where you cannot track credit histories and many people don't repay even money borrowed from friends.

Meanwhile, in many advanced economies...
Startups do NOT get their working/debt capital from banks, but from private equity funds and venture capitalists.
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MrBrownJay1:
Sadly, it is exactly what has been done for generations and generations. the actions of a few can indeed spoil the image of a whole nation. This is the reason why, due to the action of a few scammers, all Nigerians around the world are viewed as fraudsters.

It's a normal reaction, and as much as it doesn't warrant for being attacked or killed, I certainly understand why many do label others.

Is that not the same labels that have been used for centuries in Nigeria when it comes to yorubas/igbos/hausas?! Let's be real on this issue.

Slavery was “done for generations and generations”...
So was human sacrifice. Heck, even Apartheid in S/Africa.

Human beings create change....
But it certainly starts with an enlighten mindset, not hatred.
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MrBrownJay1:
Yet some people will still blame south Africans for looking down on such foreigners....

So if one person or some persons are criminals...
It’s OK to “look down”, hate, attack and even kill EVERY person from same country?

Sadly, it’s exactly the same backward sentiment that fuels tribal and ethnic conflict even here in Nigeria. SMH
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AmuDimpka:
I live in Lagos ... What is megacity about Lagos with 70% slum

Every city is essentially made by the people who live there...
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Bacteriologist:
I hate to be the guy, but Lagos is not a megacity. Yes, the potential is there. But as it stands, the state is retrogressing. Not quite befitting for the megacity description.

Attached is how a megacity looks and feels like.

A megacity is defined SOLELY by size...
The ordinary (UN) definition is a city of 10 million or more.

Accordingly, Lagos is a megacity.
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Jaqenhghar:
How is this the fault of other countries that you have managed to make your country a shithole.
You gave them Money so what?
The fact that you gave them money means you had more than enough to build your own country instead of using the opportunity, you squandered the money and you are blaming them for your foolishness. Is it Mugabe or Nelson Mandela that asked you to not invest in good infrastructure. Make una stop to dey reason like cows abeg

Where did you get the idea that Nigeria did not invest in infrastructure?
Most of the infrastructure you still see standing (even many roads/bridges) were built in the same era.
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ednut1:
A case of a man helping strangers while his parents dey soak garri

Nigerians were definitely not soaking Garri back in the day...

During our parents’ era, Nigeria was even helping some Caribbean nations...
And was the biggest investor in UK gilts (in effect, one of the UK’s biggest lender/creditor).
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Abalado:
They should please return our money now now, in fact I give them 7days to return it with the full interest, we are suffering now, we need our money please, na borrow we borrow unna that time abeg

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2016easy2017:
this is why i don't hate the white. no matter what their forefather did in the past

First, you should NEVER hate (nor love) anyone merely for their color (or tribe or religion, in Nigeria)....
Nonetheless, for every white person like this, there are 10s who will duck you over (and vice versa), so judge each person for themselves.
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fk002:
I just like this man how I wish Buhari will invite him to his cabinet just like he appointed soludo

noblealuu:
These are the kind of people we ought to give mandate to run the affairs of this country. Unfortunately, cabals, mass illiteracy, electioneering frauds and so on will not let them Clinger power.

Someday, the narratives will change.

Dpharisee:
Imagine Adeshina as our president, Ramaphosa would have been put in his place with exceptional brilliance. Let's continue to vote for fermented kunu drunkards and expect Nigeria to become Singapore

martowskin1:
I wish he could be the president, must Dundee rule us, watin self, country filled with educated elites like adeshina .... We saw buhari to pick as president

Studyinchina200:
Nigerians don't know what they really want.

You have brilliant people like Adesina and you keep voting for corrupt guys with WAEC.

Not to take anything away from his achievements as a technocrat...
But wasn’t he in government as Minister for 5 years, and what exactly did he achieve?
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Richdad50:
A touching story. If he were in Nigeria, he would have been sent to Mechanic workshop to learn the trade. No scholarship, grant, or talent hunt. Just a society constantly seeking for the weakest to oppress.

Richdad

Meanwhile, let’s quit spinning patently FALSE narratives about Nigeria...
Some of the most educated and accomplished people in Nigeria today were born DIRT POOR!

As admittedly troubled as our public educational system presently is...
Nigeria has made REMARKABLE investments in free, subsidized or relatively cheap public education since Independence.
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Richdad50:
A touching story. If he were in Nigeria, he would have been sent to Mechanic workshop to learn the trade. No scholarship, grant, or talent hunt. Just a society constantly seeking for the weakest to oppress.

Richdad

Nothing wrong with mechanic workshop or any honest labor...
That’s how someone like Billionaire Cosmas Maduka (Coscharis) started out.

There are MANY paths to paradise.
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kcub:
E still get pass you

As a Tiwa get pass you and yours...
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CLICKBAIT...

But only in Nigeria’s tortured “federal” system would you have a federal government agency controlling the inland waterways...
That’s why it took almost 16 years (until 2015) for Lagos to get approval to dredge and map out inland routes for ferry services.
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treasureboy09:
. Sir, are you sure you are in Nigeria? no University in Nigeria does the aforementioned, let alone primary/secondary schools. But if there is any I did love you to clear my doubt by giving examples with names. Thanks.

Many private schools already do these...
But, as I said, the govt is redeveloping the curriculum for PUBLIC schools (and the World Bank recently signed-on to help with funding).
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