A lot of faulty contracts were awarded between 1999 and 2010.
Let Agunloye and OBJ sort out the mess.
In fact, I wish to say with all humility and respect that all the things credited to the former President in the extensive interview in The Cable News are not correct. Take for instance, The Cable News quoted Pa Obasanjo as saying: “…When I was in office, Leno Adesanya, the promoter of Sunrise Power, ran away from Nigeria. I would have jailed him.” This is far from being correct because Mr. Leno Adesanya was virtually always in the Aso Rock Villa during Chief Obasanjo’s presidency. As a matter of fact, the same president and Mr. Adesanya sat together on the high table in Aso Rock as Baba Oko and Baba Iyawo respectively at the wedding of the president’s son and Mr. Adesanya’s niece in 2002.
I followed due process and got all necessary approvals for the BOT contract award to Sunrise on 22 May 2003 and there are records to show that the former President Obasanjo propelled the processes from the beginning in 2000 to the end in May 2003. In fact, Sunrise started Mambilla project three years before I became Minister of Power and had arranged meetings with Chinese Companies and Chinese President in China in which three Power Ministers and the then President Obasanjo attended between 2000 and 2002 before I was appointed Minister of Power. On the very day (28 Nov 2002), that I resumed office as Minister of Power, Pa Obasanjo himself, in a formal letter, handed me his presidential approval on the Sunrise proposal with an instruction that Sunrise be invited “for the final negotiations for the execution of the Mambilla Power Project.”
NO ONE QUERIED ME FOR 20 YEARS
The following played out after I had ceased to be a minister from 29 May 2003.
It turned out that (a) Between 2003 to 2007, President Obasanjo was attempting to invalidate the Sunrise May 2003 BOT contract on Mambilla Project; and (b) Between 2007 to 2015, the Yar’Adua and Jonathan presidencies recognised the Mambilla Project as a BOT contract validly awarded in May 2003, cancelled the component of it awarded as a procurement contract by President Obasanjo on the 28 May 2007 at $1.46 billion, and signed a fresh agreement on the Mambilla Hydropower Project in 2012 with Sunrise and (c) Between 2015 to 2023, the then President Buhari cancelled and re-awarded the Mambilla Power Project, and was making and breaching own Agreements with Sunrise.
In all of these, spanning 20 (twenty) years, none of the Presidents (Chief Olusegun Obasanjo, Malam Musa Yar’Adua, Dr. Goodluck Jonathan or Gen. Muhammadu Buhari) asked me or questioned me about issuing any unauthorised Mambilla contract. This is because all the Nigerian Presidents, including Chief Obasanjo, were aware that I did nothing wrong.
saint2ace: If the charging module inside is still functional then u'll have no issues with charging as the chemistry and charging behaviour for both pouch and 18650 cells are the same.
This is reassuring. I will proceed with the setup and share findings.
saint2ace: U're the one with the equipment not him. I'm asking you how u used to charge it before the cells started bulging, that will allow anyone contributing to make an informed submission. Cheers
Ok, sorry for the mix-up. The mini UPS came with a basic charging cord, same type used by rechargeable lamps.
saint2ace: It should charge the same way you charge the porch cells as both have the same charge profile and algorithm or there another direction to Ur question?
saint2ace: Depending on the space of the UPS, you can use cylindrical cells as replacement for the above pouch cells. The power density defers as the pouch cells are more power dense and lighter in weight but all else remains the same, assuming my brain serves me right .
You should be fine with good 18650 cells, just solder terminals same polarity as the original and u're good to go...
I can bet my left balls that this airline belongs to one of the rogues from the last administration specifically, the past Minister of Aviation (Hadi Sirika).
This is their usual ruse and modus operandi to begin small as a struggling outfit testing the waters. Before you know it, they'll tell you they just acquired 3 new aircraft.
Thieves.
This is not true.
"Established in 2019, NG Eagle was formed by the Asset Management Corporation of Nigeria (AMCON), a government agency dedicated to debt recovery, to succeed Arik Air (W3, Lagos), which is under administration."
Someone got the text below from VIS on a car that had been sold, and new documents processed, over a year ago (i.e. August 2022)
LASG VIS We kindly request your cooperation to enhance Lagos State. You can settle the fine for your Vehicle 'XXXXXXX' at http://payvis.ng and avoid potential enforcement measures. (Together for a Better Lagos) For inquiries, please call +234 8129 9371 74
QUESTIONS: Is this just a generic message sent to all vehicle owners who haven't renewed their papers for over a year?
Is there something that the previous owner could have done to notify the VIS of change of ownership?
How does one proceed, after getting this message, to dispute it
Did the previous owner hand over the number plates to the new owner? If no, ignore the SMS.
If yes, he/she is liable for any incident that involves the vehicle.
engrelvis: Just curious.How did ETH win coach of d month? What r d yardsticks?
Erik ten Hag has been voted November 2023's Barclays Premier League Manager of the Month.
Ten Hag's Manchester United had a 100 per cent winning record and were the only team not to drop a point, earning victories in all three matches against Fulham, Luton Town and Everton.
They were also the only side to go the whole month without conceding a single goal.
tinsel: In 2009, when Obi was the governor of Anambra state, his 2009 budget for Governor's office was higher than that of education and health combined. Compare below his 2009 budget with that of Chimaraoke. Should we discuss how, under your leadership, Anambra budgeted N5.8 billion and N5.3 billion for the Executive Governor's office in 2009 and 2008, respectively, while the total budget for education was just N2.8 billion?
jmoore: We don't know how many percent they have gone so far in the repairs?
Will they make it work by 31st December?
Work is still ongoing. Even if it is ready by the end of the month, testing and calibration will still need to be conducted before the refinery can commence full commercial operations.
Ethiopian Airlines and not FAAN has prohibited the use of the bags on their flights effective 25 November 2023.
The Ethiopian Airlines has placed a ban on the popular Ghana Must Go Bags for Airline Travellers on any of its flights from Nigeria.
The ban was contained in a letter signed by its Manager of Airport Services, Henok Gizachew, to the regional Manager of the Federal Airports Authority Of Nigeria.
The Airlines added that the use of the popular bag for packaging has cost it huge losses arising from damage to its conveyor belts and Other equipment in the Course of operations.
It added that the damage to equipment is not peculiar to Ethiopian Airlines alone but to Other Foreign Airlines in the Country.
It however offered a reprieve for users of the bag to continue to use them to package their luggage with a caveat that they must come in an external container or carton to protect them from damaging equipment.
freeman67: My issues with TB is the sudden 10% WHT they are deducting from accrued interest these days.
Nigerian banks have notified their customers that tax will now be charged on bonds and short-term securities on which tax is due, effective from January 2, 2022.
This followed the expiration of the Federal Government Finance Order 2011 which exempted bonds and short-term government securities from income tax for 10 years between 2011 and 2021.
One of the banks, Fidelity Bank, disclosed this in a notice to its customers on Wednesday, titled ‘government tax waiver on bonds expires’.
On December 9, 2011, President Goodluck Jonathan signed the Companies Income Tax Exemption Order 2011, which introduced tax exemption on T-bills and promissory notes, government and corporate bonds, and the interest earned on these instruments for a period of 10 years, starting from January 2, 2012.
Taxes will be charged on short-term Federal Government of Nigeria securities, such as Treasury Bills and promissory notes; bonds issued by state and local governments and their agencies; bonds issued by corporate bodies including supra-nationals; and interest earned by holders of the bond and securities, the bank said.
“For clarity, please note that the two taxes due on income earned on investment (including that of short-term securities) are: Withholding Tax – a 10 percent charge that is deducted at source and is applicable to both individuals and companies income tax – applicable to only companies at 30 percent,” it said.
According to the bank, bonds issued by the Federal Government remain exempted from this regime as this was hitherto not taxable, and all investments in non-FG bonds, Treasury Bills, promissory notes and other short-term government securities shall now attract 10 percent deduction at source at maturity (withholding tax on interest).
“This is payable to the relevant tax authority in accordance with applicable tax laws for Personal Income Tax (for individuals) and Company Income Tax (for companies),” it said.
Giftedness20: I bought a 2010 highlander in July of 2021 from a friend in the USA. The problem has always been the battery that keeps draining when parked for like one week. Have changed battery like 3 times. I have also changed the alternator and still same problem stills shows up. What could be the fault. Note :it has a tracker installed.
Parasitic drain. Get a competent electrician to trace the drain.