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Family / Re: Just A Question:why Are Some Uncle Wicked???? by ajsans: 9:34am On May 12, 2017 |
Acidosis:Words on marble for the month of may. 1 Like |
Business / Re: Share Your Business Ideas That Can Be Started With 50-100k Or Less by ajsans: 1:49pm On May 05, 2017 |
webincomeplus:How can I meet one of those guys don't mind paying. |
Technology Market / Re: California(Los Angeles),pickup services..Online purchase..(Ebay/Amazon,walmart) by ajsans: 9:25pm On Apr 21, 2017 |
mikkyangel:oga Mikkyangel please how much will it cost to bring to nigeria https://www.amazon.com/Secrets-Power-Negotiating-Sales-People/dp/1564144283/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr= 1 Like 1 Share |
Celebrities / Re: Jay Jay' Okocha Pictured With Wizkid by ajsans: 6:04pm On Apr 17, 2017 |
Jarus:Yes sir. Ronaldo and Messi. 1 Like |
Literature / Re: The Most Memorable Book You Read by ajsans: 3:22pm On Apr 09, 2017 |
davidif:Read that the book is not scripturally sound. You could google it up. |
Business / Re: Elance.com, Upwork.com And Other Freelancing Site: How To Succeed Guide. by ajsans: 7:01pm On Mar 28, 2017 |
WriteBoy:This is inspirational writeboy. You just invoked the sleeping lion in me.Qoute me one year from now, I will share my result. |
Romance / Re: It's mothers day:share the pics of your mum to celebrate her. by ajsans: 6:32pm On Mar 26, 2017 |
Happy mother's day to my wonderful mum and also wishing my lovely sister a happy birthday. 1 Like 1 Share |
Business / Re: Looking For A Bussiness I Can Start With #5m by ajsans: 4:36pm On Mar 26, 2017 |
Allstrasse: |
Investment / Re: Treasury Bills In Nigeria by ajsans: 11:54am On Mar 16, 2017 |
emmanuelewumi:13.08% sir please when is the next auction. I intended participating with FBN. |
Politics / Re: Resolving The Power Sector Conundrum By Dr Ogaji by ajsans: 8:28am On Mar 10, 2017 |
Mynd44 I think this should be on front page as a layman would understood this write up |
Politics / Resolving The Power Sector Conundrum By Dr Ogaji by ajsans: 8:24am On Mar 10, 2017 |
TITI (Power Generation Companies, GenCos) is an akara seller (Electricity Generated), she was approached by Mama Jubril (NBET- the government appointed bulk buyer and wholesaler who promises to buy the power and provide payment guarantee to the GenCos) who promised to pay for all her akara. Mama Jubril further informs Titi that she has willing and capable customers she can sell to (DisCos- who buys from NBET and sells to Nigerian home users and industries) and pay Titi for the one thousand (1000) akaras (All Electricity Generated and put on the Transmission Grid). Titi agrees with Mama Jubril knowing that the Oga at the top (Federal Government, FGN) is behind her and has promised to guarantee and pay for all akara Titi can produce. In a similar vein, for better transportation arrangement, Mr. Okafor, the van/truck driver (Transmission Company of Nigeria (TCN) managed by FGN) that is responsible for the delivery of the akara was introduced to Titi by the Oga at the top (FGN). Mr. Okafor promised he can deliver (can transmit over 5,000MW of electricity) the akara Titi produces. Titi raised the issue of possible truck failure with Mr Okafor but he vehemently argued that he has several plans in the pipeline to put his truck in place and even increase his capacity to deliver more than what Titi can produce. Titi, in order to avoid disagreements, insisted that they all sign agreements. She signed agreements with Mama Jubril (Power Purchase Agreement, PPA), Mr. Okafor (Transmission Agreement) and the Kerosene or firewood sellers (Gas Sales and Transportation Agreements GSA & GTA). In order not to disappoint Mama Jubril, Titi quickly ran to various banks including UBA, Guarantee Trust, Sterling, and Standard Chartered Bank etc for loan facilities and signed agreements with them. With all these guarantees from all parties, the loan was given to Titi to enable her to buy her ingredients: beans, utensils, frying pan, crayfish, pepper, onions, salt, oil (representing spare parts, lube oil, machine operators, water usage/rights etc.) and firewood or kerosene (Gas), Titi even hired some boys and girls (O&M team, plant operatives, etc.) to help her out for quick and efficient production of the akara. Titi prepared the one thousand akara (electricity) as agreed, and sent it to Mr Okafor for delivery. Mr Okafor starts complaining of having problems with his truck and that he can only deliver 800 akaras (who pays for the additional 200 akaras already produced?). Out of the 800 akaras, he carries on behalf of Mama Jubril (NBET) to her customers (DisCos), about 300 akaras were further rejected (power rejection by Distribution Companies, DisCos) because according to them Mr Okafor delivered them to the wrong address. They prefer another address. Mr Okafor, responding to them, said he is a government driver and can only deliver the akara to the addresses his supervisor (Systems Operator, a Unit under TCN) gave to him. Deducting 500 from the original 1000 akaras agreed to be produced, that is after the rejection both by Okafor (Transmission) due to his truck condition as well as the akara rejected by Mama Jubril’s customers (DisCos) due to wrong address, of the remaining part sent to Mama Jubril (NBET), she pays whatever she likes, sometimes she pays for 120, 200, 180, 150 or 110 as the case may be. Mama Jubril’s excuse is that her customers (DisCos) refused to pay her after selling (distributing the electricity generated by GenCos) the akara. Then on the other hand, Titi’s akara consumers are asking her to produce more because her akara is “one in town” and that she should increase her production to two thousand since the one thousand, she is currently producing is not enough. Titi (GenCos), loves making akara (Generate more electricity) and wants the economy to improve since her akara (electricity is the lifeblood of the nation) is considered “one in town” and is good for the health of consumers (Nigerians and businesses). However, like any other business person, Titi is asking for payment of the akara she has supplied and has not been paid for. Mama Jubril (NBET) is blaming the customers (DisCos) she supplied the akaras to, the customers on their part (DisCos) are blaming their consumers (Nigerians, businesses and government offices), consumers are insisting they are paying for every akara (Electricity) consumed by them. They are dribbling Titi here and there whilst the consumers are also blaming her for not producing enough akara! Titi does not have any direct contract/agreement with Mama Jubril’s customers (DisCos) and should certainly not intrude or be affected by how Mama Jubril decides to sell the akaras she gets from her as she has a wholesale agreement (PPA) with her. Titi’s business is now going down because she is not able to continue getting loans from the bank to sustain a business where the banks cannot get their interest and/or capital. Titi is finding it almost impossible to keep buying all the ingredients she needs for the akara business including the kerosene and firewood. Also, Titi is finding it hard to keep her salary commitment to the well trained boys and girls who have been working very hard to keep her business going. Prizes of things have all doubled yet her prize is the same, all she asks is full payment of the outstanding. If you are Titi (GenCos), can you continue to produce more akara (electricity)? Knowing you will not be paid in full? Can you increase the number of akara (Increase Electricity Generation)? Knowing that even the driver (transmission) cannot deliver (transmit) the quantity you are producing? How can you even manage the bank loans? The worker’s salary? Who takes responsibility for the rejected akara (rejected electricity) since Titi cannot store it (considering power cannot be stored)? Who pays for the kerosene and firewood (gas and other materials used in generating) used to prepare the akaras? Should Titi continue to sell the akara (electricity) to Mama Jubril knowing she is incapable of paying for them? How best can Titi transport her akara to Mama Jubril since Mr. Okafor is the only transporter of akara in Nigeria? Since Mr. Okafor’s truck is faulty and may not be fixed anytime soon, do you advise Titi to increase her production? This is the summary of the problems in the Nigerian electricity market. Nigerians are very intelligent people, they should decide for themselves, the solution to this conundrum. http://m.guardian.ng/opinion/resolving-the-power-sector-conundrum/ |
Jobs/Vacancies / Re: Jobs/vacancies Section Chatroom by ajsans: 12:43pm On Mar 03, 2017 |
yorex2011:Happy birthday chairman |
Jobs/Vacancies / Re: How I Got Three Job Offers Within A Week by ajsans: 6:51pm On Jan 31, 2017 |
Toks2008:The Nigeria environment is not friendly to budding entrepreneur another thing is fear of failing at the business. Hence people consider the safer option of looking for job regardless of the pay they receive. |
Business / Re: Live On Hand Domain Flipping Training-get To Know How I Did Over 1.5m In October by ajsans: 8:32am On Jan 27, 2017 |
Wonderful training from the OP. Lots of hidden secret to learn from the training like how to research a domain from expireddomains, what to look out for when buying a domain name, how to email end user in order to get their attention, how to get the decision maker email address and so on. From my side as a participate, it really worth the fee paid for the training and I am grateful to the OP. 2 Likes |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 7:58pm On Jan 21, 2017 |
PastorOsas:Am there already |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 7:42pm On Jan 21, 2017 |
2sexynet:Give us till 8pm |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 7:11pm On Jan 21, 2017 |
2sexynet:Have checked it out |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 6:03pm On Jan 21, 2017 |
2sexynet:Let's get started. Using mobile, I hope it works |
Jobs/Vacancies / Re: Dear Jobseekers, What's Your Pain And How Can You Be Helped? by ajsans: 12:16pm On Jan 21, 2017 |
Karin001:Words on marble. I had to read this over 10 times. Please can you explain more on the bolded |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 8:16am On Jan 14, 2017 |
2sexynet:Yes I was the one that paid. 1 Like |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 8:01am On Jan 13, 2017 |
2sexynet:I have replied. |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 1:38pm On Jan 11, 2017 |
2sexynet:Have replied your mail. There is a Google Hangout for Android will it work as well or just PC will work. |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 2:20pm On Jan 09, 2017 |
Sunglow: PastorOsas:The week has already started. Please let's fix a date on when we will pay up and commence training together. 1 Like |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 7:33pm On Jan 07, 2017 |
Sunglow:Next week bro. What about you? |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 10:08pm On Jan 05, 2017 |
Interested as well 2 Likes |
Business / Re: Elance.com, Upwork.com And Other Freelancing Site: How To Succeed Guide. by ajsans: 6:55pm On Dec 25, 2016 |
kaycodes:please what are the requirement you used to open a GTBank dorm account. Also your skrill account is it a business account or a personal account. |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 5:34pm On Dec 13, 2016 |
2sexycom:Alright sir will contact you next month. |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 8:00am On Dec 13, 2016 |
2sexynet:Sir, 15000 is on the high side. It was 10000 earlier, and I intendedd subscribing for your membership come January next year because am actually obeying my clarion call at the moment. But this current fee if 15k is really on the high side. I carve your indulgence for the subscription fee of 10000. I also hope the training will be available come next year January when I intend joining |
Business / Re: How To Make $1,000/month Writing And Researching Online by ajsans: 9:08am On Nov 14, 2016 |
stagger:A big man will always be a big man. You are a big man stagger. 1 Like |
Business / Re: Would You Like A One On One Domain Flipping Training? Come In Here by ajsans: 2:27pm On Oct 30, 2016 |
for sure I will. |
Business / Re: My Domain Flipping Experience... Revealed by ajsans: 9:33am On Oct 19, 2016 |
2sexynet:A big congrats to you on your recent sales. Can you please share the names after you have completed the transaction. I always love studying sales as part of developing my domain valuation instinct. |
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