9jaRealist's Posts
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COMPAQ:It’s akin to getting a new coach in football... ![]() Initially everyone raises their game, but without actual systemic/institutional reforms it peters out after a while. > |
askakim:But of course. Regardless of who is at the seat of power in Alausa (or indeed Bourdillon)... We cannot adequately clean this megapolis with wheelbarrows and a motley assemblage of 1-truck/2-truck PSPs. > |
deomelo:And just for the record, the highlighted is just blatantly incorrect... ![]() Visionscape floated its own corporate bonds on the FMDQ for N27 billion with 17.5 fixed-rate coupon and a 5-year tenure (due 2022), as the first tranche of its N50 billion bond issuance. The Lagos State government did NOT contribute a single kobo to Visionscape’s financing! What the LASG provided was a subnational guarantee, which is the same sort of guarantee it would have to provide for any major PPP project (such as the proposed Fourth Mainland Bridge, the Lekki Airport, and for the financing of rolling stock for the Blue Line by Alstom of France). > |
deomelo:I really should have stopped reading at your statement that Visionscape doesn’t have “waste management skills and expertise”... ![]() Bros, basic research would have spared you from that singular embarrassment re ignorance of a well-established multinational operator. Nonetheless, interesting that the same House of Assembly that voted unanimously for the new state environmental laws pursuant to which the role of LAWMA was changed from a regulator/operator (the same duality that has destroyed entities like the NNPC) to solely that of a regulator (which new law by its provisions took almost a year to take effect while the state government went through a bid process for, and thereafter vetted, potential operators), following marching orders from Bourdillon reinstated the PSPs as domestic waste collectors without bothering to repeal their own law. Meanwhile, your pedantic posts suffers from the same confusion that many ill-informed commentators make on this topic. The PSPs were NEVER abolished or precluded from the waste management process! Instead they were reclassified as WCPs after a recertification process by LAWMA (under its proper role as regulator) that involve an audit of their equipment, processes and capacity (including manpower), and apart from being granted the exclusive rights to manage commercial waste were additionally allowed to manage household waste in areas not served by Visionscape. Frankly, it would be funny if it was not tragic to see folks regard a process that involves simply dumping waste in a rudimentary (actually ancient) dumpsite located in the middle of a populated neighborhood (and which already previously combusted) as some sort of modern waste management “infrastructure”. In fact, even the LAWMA loading station (NOT stations) at Simpson Street was not even automated, until Visionscape came in and upgraded/modernized the facility (in addition to developing 2 other loading stations and a new world-class modern landfill - not just a dumpsite - at Epe). Stripped of all turenchi, here’s a succinct analogy that most people would grasp - a one room abode may work well for a single dude but when he gets married and has several kids that same single room will not be quite so workable. Ultimately, the political apparatchiks and carpetbaggers who SABOTAGED the Cleaner Lagos Initiative will come to the realization that the present rudimentary system of waste collection (calling it management is a misnomer) is ill-suited to the needs of an ever-expanding megapolis. Hopefully, that would happen before Olusosun (which is reportedly contaminating ground water) really blows up with tragic and fatal consequences. PS: BTW, most (if not all) of the LAWMA staff were absorbed by Visionscape, probably with better conditions of employment. |
Newguyhere:Certainly not someone who cannot even properly spell ‘Forbes’... ![]() Anyway, Nigerian misogynists never fail to show up at the mention of a successful female. SMH > |
Seetto:Ambode was SABOTAGED in this regard... ![]() Ultimately, we are going to learn (hopefully not the hard way, although that’s the only way that Nigerians seem to learn) that while trying to manage waste in this city of 18-20 million with a hodge-podge of PSPs (each with one or two used trucks in varying states of operational condition) may be POLITICALLY (and financially) beneficial for the APC party apparatchiks and benefactors who own/operate these PSPs, it is ultimately UNSUSTAINABLE, and that retaining a dumpsite in the middle of a populated area (at Olusosun) is a DISASTER waiting to happen. Eko Oni Baje! > |
Babanlagenius:Abegi, look up ‘streaking’... Back in the day of our parents, bare-arsed men and women used run onto sports fields with regularity! > |
lonelydora:You mean when car owners used to “buy” 2 license plates for the same car... ![]() |
ZOO! ![]() > |
Nigerians, more obsessed with wedding than with marriage... ![]() |
BEST OF LUCK TO THE LADS IN THEIR RESPECTIVE FUTURES... Being cheated/duped by Nigerian public officials is virtually a Right of Passage. > |
Odinaka00: ![]() It was a stream-of-consciousness vent...lol! > |
> NIGERIANS ARE THE WORST THING TO HAPPEN TO NIGERIA! I keep repeating this phrase here on Nairaland, and everyday there is invariably more evidence to validate same. Just witness many of the disgraceful comments and sentiments here. Some have accused the players of bribing their way onto the team, but even assuming (for the sake of argument) that they did who is at greater fault? Is there a bribe giver without a bribe taker? And who bears the greater responsibility? Those assigned with the responsibility of building a capable squad or those who merely took advantage of the market made available by those saddled with the onerous responsibility? Of course, both are at fault to varying degrees but nobody can shave your head in your absence. Others accuse the players of age fraud, as if they do not bear any collective shame being part of a country and culture that cannot create and maintain basic records, or one in which government officials are ready to falsify passport or such other official records for a price? A country and a culture where (if this particular allegation is valid) entire communities, villages and schools, are willing to participate (by commission or omission) in age-fraud. People “accuse” them of playing for money as if that is a crime (for professional footballers nonetheless). Are they supposed to play for free and for the veneration of the same ingrates that have quickly taken to SM to insult and castigate them? Sadly, one of the primary problems of Nigeria is the tendency of Nigerians to collectively and obsessively persist in chasing shadows instead (and in derogation) of substance. EVERYTHING ABOUT THIS TEAM IS MERELY SYMPTOMATIC OF THE NIGERIA’S SHORTCOMINGS! This team and these boys are NOT the problem, but merely symptoms of the real problems bedeviling Nigeria. Accordingly, if this country and the slowpokes who run it have a scintilla of honor left in their DNA, they should quickly pay these players whatever was AGREED-UPON, instead of continuing to disgrace us in the comity of nations - sadly to much applause from the chattering class who should know better. > |
OlujobaSamuel:I didn’t think we were in any substantive disagreement... I added the Skye Bank information (and it turned out to be Sterling Bank doing the financing) only because you wondered about it. It is generally acknowledged that LASG’s finances have always been largely opaque going back to the Tinubu era (with Alpha Beta, LCC, etc. issues) but that’s a systemic issue, and one good development is that the Ambode government didn’t take on any additional foreign currency debt. > |
Goke7:Sorry, it is Sterling Bank handling the Primero bond issuance, not Skye... However, Skye is called Polaris Bank these days, and is still in business (under new CBN-installed management). > |
OlujobaSamuel:The Bus Reform Initiative came out of the public-private stakeholders Transport Summit of 2015.... > |
OlujobaSamuel:The BRT is still being financed by Skye Bank... And in fact, Primero recently issued new corporate bonds through Skye to purchase new buses. Nevertheless, there is no major city in the world without some form of subsidized public mass transportation (including bus) system. The primary aim of the Bus Reform Initiative is to upgrade bus transportation in Lagos metropolis by gradually replacing the Danfo buses (and/or ultimately relegating them only to unserved minor routes outside of the main traffic corridors), and hopefully get more middle-class Lagosians to use buses more frequently and cars less frequently. These buses will also run on CNG and thus will be more environmentally-friendly. > |
johnkay1: uuzba:There are 3 new maintenance depots/workshops at Yaba, Oshodi and Awoyaya-Lekki (the last one will also be an Assembly Plant for future batches of these buses under a proposed PPP arrangement) for these new buses, and the Ambode administration had spent months training (directly with the bus manufacturers) technicians, mechanics, drivers and other ancillary workers to properly operate/maintain these buses. Government is a CONTINUUM. Eko Oni Baje! ![]() > |
OlujobaSamuel:You seem misinformed about Mr. Ambode’s Bus Reform Initiative.... Though the government imported the first batch of 820 (out 5000 envisioned) buses to ensure uniformity, those buses are owned by the Lagos Bus Service Limited, which is an asset acquisition and advisory SPV (albeit wholly-owned by the LASG, but run as a regular commercial company) that licenses and enfranchised the PRIVATE operating companies that will actually operate these buses, develop and monitor bus routes and services, and train or re-train drivers and operators, among others. The government will NOT be operating the new buses itself. Even the operators of the current BRT buses (Primero Transport Services Ltd.) has applied as a franchisee to operate some of the new buses. > |
fyneguy:Why? The buses were bought with taxpayers’ money for the benefit of taxpayers and not just for civil servants. Let the civil servants (being taxpayers themselves) use public mass transportation like everyone else. If these 35 buses are not properly managed and maintained (as the rest of the fleet will be under the Bus Reform Initiative), they will be looking like the old ones they are replacing in short order. > |
megareal:Precisely, you don’t (or hardly ever) actually SEE them... Our own “rulers” are more interested in flaunting their own sense of self-importance and authority than in effectiveness (because most likely that most of those besuited DSS dude’s would be the first to take cover if/when any shooting/bombing occurs). > |
> EXTREMELY POOR (AND PREJUDICED) “NEWS” REPORT... ![]() For starters, the EFCC Act is only being amended to align with the recently-passed Proceeds of Crime Bill (Act, when/if signed by the President). So, also are several other statutes being similarly amended to align with the said passed bill. Furthermore, these bills were NOT hurriedly drafted and passed, but rather had always been in the frame for amendment since the Proceeds of Crime Bill was initially submitted to the National Assembly as far back as 2014 by the Federal Ministry of Justice (a department of the Executive Branch of government). I won’t comment on the substantive provisions of the passed POC bill itself (personally, I think it has both flaws and merits, and I am always wary of the expansion of the size of government by seemingly always creating new MDAs), but suffice it to point out that the bill was Nigeria’s response to the request/demand/suggestion of the West African multilateral body, the Intergovernmental Action Group Against Money Laundering (GIABA), to conflate Nigeria’s many legal processes dealing with proceeds of illegal activity and crime into one UNIFORM process (the UK and South Africa, among others, have undertaken similar actions, with varying outcomes). The current situation in Nigeria is that there are presently several different laws and MDAs dealing with recovery/proceeds of crime and illegal activity (including without limitation, the EFCC Act, the ICPC Act, the NDLEA Act, the Foreign Exchange (Control) Act, Code of Conduct Act, Advanced Fee Fraud Act, etc.). Each of these statutes effectively provide its own process to recover and/or deal with the proceeds of crime and/or illegal activity. The just-passed POC bill was therefore drafted (again, by the Ministry of Justice, not the Senate) to UNIFY the process under one agency of the Executive Branch (the National Asset Recovery and Management Agency, to be established under the Act). The POC Bill/Act therefore would/should therefore necessarily cause the amendment and/or repeal parts of the EFCC Act related to the Recovery and Management of the proceeds of crime and illegal activities - as well as similar provisions of the ICPC Act, the CCB Act, NDLEA Act, etc. This crappy piece of so-called “reporting” done by this so-called “journalist” is thus a CRUDELY PARTISAN hatchet job! I have no dog in this fight (and often regard the NASS with utmost contempt), but I believe in the FACTUAL rectitude of public discourse. To discuss attendant amendments to the EFCC Act in isolation (without giving the background to same) is disingenuous at best and DISHONEST at worst. > |
Disgraceful Nigerian “rulers” and their useless show of authority... You would never see Trump or Theresa May or Merkel in church with Secret Service/security surrounding them... But, in Nigeria, even at Council of States meetings (attended by Govs, ex-Presidents, etc.), you see DSS everywhere. > |
When Tee (Pay No) Billz was living off Tiwa’s grind he had no issue with women... Now that he has been forced to go fetch his own dinner, women are the root of all evil. SMH > |
chriskosherbal: tydi:That must be why Floyd Mayweather was beaten often, because he certainly loved women...oh wait! ![]() > |
contigiency:One more thing... Constitutionally, National Assembly has OVERSIGHT over the activities of the Executive, and so he will also be reporting to the NASS. |
contigiency:There’s a word for people who do not respect Constitutional bodies and institutions, but I am too polite to use it publicly... ![]() Seriously, it does not matter what he personally (or even the rest of us) thought of what the Senate asked of him (which was merely him to appear for a hearing before the Senate in full Customs uniform, as the heads of rest of other uniformed agencies do), anyone who displays such wanton contempt for the lawful order of a properly-constituted constitutional authority is by extension pissing on Nigerians (whose duly ELECTED REPRESENTATIVES those Senators are), the Constitution itself, and the very concept of the rule of law upon which democracy is anchored. Accordingly, he’s not only undeserving of continuing in his current office but most certainly undeserving of higher office. > |
Tales by the Moonlight.... ![]() > |
Good move by BOS... Hope he takes full advantage of Femi Hamzat’s technical background. Eko Oni Baje! > |
Oshigun:You mean the “ethos” of sharing money... ![]() Agreed that Ambode should have pursued the completion of the Badagry Expressway more diligently. But let’s not forget that he chased PPP money to extend it from Okokomaiko (where it was originally designed to stop) all the way to the Seme Border (which he finally got the federal government to take responsibility for). Nonetheless, Ambode (like Fashola before him) held town hall meetings across the state EVERY QUARTER (rotating it among the various senatorial zones), and several of the projects that he launched (eg, the Fagba Flyover project) arose from these consultative town hall meetings. Thus, when APC apparatchiks bitch about “inclusiveness” it’s really code for #BullionVanPolitics. > |
Besti41:Was this jibberish Google-translated from Hausa or Fufude? > |
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