₦airaland Forum

Adminisher:
This is bad first Ibos. The Nigerian project favours them because they can sell their imported goods to a large market of 170 million people . Now there is nobody to sell to but barely 25million. The only reason for NAFTA, ECOWAS and EU is that larger markets are best in terms of combined GDP and scale economics. The East on its own is very unviable. It will be a landlocked, entity bordered by the Niger Delta, Cameroon, North East, Edo and Delta. All tribes in Nigeria have business skills, Dangote is from the North, Atiku has factories producing everything from pure water to cooking oil. Yorubas are Lords of the FMCG and other sectors. In the 70s Hausas had commercial enclaves in Lagos near Apapa, Ibadan , Old PH town and other places, these enclaves will now grow and multiply. I still don't know why people think this move East is good for Ibos.

not sure people making the move are complaining...looks like more of expansion to me as it is not written that they are leaving computer village

OrlandoOwoh:
Vestiges of Jonathan's cluelessness.

I believe some of those contracts were started by obasanjo though

Yeske2:
I just wonder why all these weren't issues during Obi's era but a major issue now.

probably because expectations are becoming higher and back then people did not just care as people did not expect anything from governance

razid:
Thanks for the compliments. Actually I had a conversation with a friend of mine this morning who is into poultry farming. He gave me an insight into how demand for turkey is now turning the business into hotcake as its import is now currently being enforced. It was then I realised this fact that when that ban on importation is enforced wholeheartedly, people will automatically look for substitute. He was actually looking for a blue collar job before as he studied Banking and Finance; now he's telling me that he would never look for any job again.

So my brother, I know that we are in for a good treat God willing. Like a friend of mine always say that on no condition will his children inform him in heaven that Nigeria became better after he had died. That all of us are going to enjoy this country God willing. No be say we go kpeme and na our pikin go dey enjoy our one and only Nigeria.

I actually want importation of palm oil,rice,poultry products,wire and cables to be banned and implemented to the later

Abagworo:
Quater 2 aviation statistics is out.


The only airports to record positive year on year growth were Katsina, increasing by 668 passengers or 319.62%, Owerri, which increased by 9,243 passengers or 11.12% and Yola, increasing by 1,121 passengers or 3.09%.

http://www.nigerianstat.gov.ng/pages/download/316

Earlier on in the last quater of 2014 when Owerri Airport overtook Kano to become the 4th busiest Airport in Nigeria, a lot of people ascribed it to Christmas movement but when in 1st quater of 2015 same thing repeated, they ascribed same to spill over of Christmas but now quater 2 of 2015 is out and Owerri is the only mega Airport that experienced further growth. It means more people are visiting Owerri and the city is booming. Statistics like these are difficult to manipulate and is therefore a credible indicator. As recently as 2011, Owerri Airport was not in the top 10.

that's good

chudidonas:
Imo is yet to produce a visionary leader since Mbakwes time. Anyi Enwero mmadu

blame fg as that is federal rd

Yawn

UnknownT:
A worker deserves his wages so i dont understand this one IMSG CoS has been 'disturbing' us on Orient FM about the payment of salary arrears of Civil servants, LG workers, Youths must work, Imo civil guard etc as if its a dividend of democracy! I wont be surprised to see a psycophant buying a newspaper space in the future hailing Rochas for paying salary arrears

UnknownT:
A worker deserves his wages so i dont understand this one IMSG CoS has been 'disturbing' us on Orient FM about the payment of salary arrears of Civil servants, LG workers, Youths must work, Imo civil guard etc as if its a dividend of democracy! I wont be surprised to see a psycophant buying a newspaper space in the future hailing Rochas for paying salary arrears

http://www.vanguardngr.com/2015/09/leaders-and-shameless-lies/

Try and read the last 3 or 4 paragraphs

dayo23:
That Man was pencil down to head the EFCC, before been appointed as the Custom boss, A no nonsense man, officers who have worked under Him can testify....thief a kobo and you are a gonna

then most of those custom guys should resign since corruption and bribery is like oxygen to them

UnknownT:
A worker deserves his wages so i dont understand this one IMSG CoS has been 'disturbing' us on Orient FM about the payment of salary arrears of Civil servants, LG workers, Youths must work, Imo civil guard etc as if its a dividend of democracy! I wont be surprised to see a psycophant buying a newspaper space in the future hailing Rochas for paying salary arrears

lol maybe he is doing it so that those workers would give the govt some respite..but I agree with you.

abacrested:
Too bad that Aba is getting worst and the governor is dancing around US with his co - criminals. You need to come to Aba and see why people predicted TA ORJI will be better than this goat.We know he has always dreamt of visiting US, but he should have waited a bit to at least sell himself to his critics.
We know he bought a mansion in US recently where his family now base.
His children now school in US!
HE PURCHASED A PROPERTY WORTH 250M IN ABA GR8, CLOSE TO ENITONA HOTEL.
Bought another one in Azikiwe road
Another one in Umuahia
Planning to buy another one from former central bank governor who is from abia state .
Aba is cursed!

Paul ogwuma? So where did you get these information?

Abagworo:
Roads don't last here because of many factors but the most obvious is lack of maintenance. If potholes are filled up and paved at very early stage, the cost won't surpass 10, 000 Naira.

for federal rds ferma has some serious questions to answer including those who are supposed to fund ferma

Apart from corruption,incompetence and greed I believe there has to be some sort of review of how road construction is supposed to be done in these parts of the country..the soil texture and drainage system has to be thoroughly scrutinized otherwise building rds in these rainforest region will always be seen as substandard

Afam4eva:
The Anambra thread is now busier than this thread. You just know when a governor is working. I guess it's turn by turn. All the same, its good for Igboland.

anambra governor is a year older on seat than ugwuanyi

Unleash The Dragon!!!!
Harder Times Await Imo As Okorocha Inaugurates Taskforce Teams… Borehole Owners, Street Traders To Pay N100,000, N30,000
If all Governor Rochas Okorocha’s statements and directives weekend are anything to go by, then the current hardship the people of Imo State have been facing will be nothing compaired to what the governor is preparing for them as they will be facing harder times in the incoming months.
The governor, during the inauguration of various local government and state task force teams on rural assessment and development at the Imo Chamber of Commerce hall, Owerri, the state capital, told the people of the state that government would be strict in implementing all its policies in the state.
The task force teams have three months to complete their assignments.
According to him, water borehole owners, both private and commercial, must be made to pay more taxes as the state moves to privatize the state water cooperation.
It would be recalled that the governor had in his first term formulated a policy that tasked borehole owners to pay N100,000 as registration fee even when the state’s water board was not pumping water to residents. This was implemented through the ministry of public utilities, but was stoutly resisted by residence.
This time, the governor said that every drop of water consumed henceforth from the water board must be paid for by residents and that those who decided to sink boreholes will have to pay more.
Among other things, Okorocha also empowered a committee on illegal parking of vehicle to impound any vehicle wrongly parked within the state capital and convert same to loading refuse or donate it to Nigeria Prisons where necessary.
This, he said, will include commercial vehicles loading in unapproved parks, adding that he would set up mobile courts to immediately try anyone whose vehicle would be impounded.
The essence of this, the governor said, was to ensure a free flow of vehicular traffic within the state capital, Owerri and other major cities within the state.
He disclosed that after setting up the mobile court, street traders including those setting up shops in unapproved places within the state capital, would be arrested and hounded to prison.
Okorocha also told the people of the state that within the three time frame, the committee on drainages would ensure that all drains within the state capital and other parts of the state would be cleaned by residents of the particular streets.
As a result of this, the governor pronounced that environmental sanitation would now be held two times a month and that any street where drains are found dirty, its residents would pay penalty for it.
He also directed that every shop owner or house owner in the state will be expected to cast its frontage with stones and cement to look neat and that failure to do that would that by any shop or house owner, the committee would seal such defaulting shops and houses pending when they pay penalty and do the needful.
Other committees, according to the governor’s terms of reference, will get the list of unemployed graduates and under graduates from each community with a view to planning for their jobs among other references.
Harder Times Await Imo As Okorocha Inaugurates Taskforce Teams… Borehole Owners, Street Traders To Pay N100,000, N30,000

Someone sent this to me..how true is it?

Abagworo:
The Bureau of Public Enterprises
(BPE) has compelled Enugu
Electricity Distribution Company
(EEDC) to handover the contentious
Aba ring-fenced territory in Abia
state to Aba Power Limited (APL),
BusinessDay can authoritatively
disclose.
The formal handover will take place
tomorrow September 10, at 11 am at
the NERC office. The event will be
witnessed by the Nigerian Electricity
Regulatory Commission, dignitaries
from Ministry of Power and office of
the Secretary to the Government of
the Federation (SGF).
BusinessDay investigations also
revealed that Interstate Electrics and
EEDC are kicking against the
impending hand-over of Aba ring
fence to Aba Power Limited and are
making last minute efforts to scuttle
it through court injunction.
Aba Power and Geometric Power
Limited have been engaged in a
desperate tussle to excise the ring-
fenced islands at Aba and Ariaria
from the Enugu Distribution
Company, arguing that existing
agreements between the Federal
Government and Aba Power Limited
and Geometrics, give it the
ownership of the very lucrative part
of the South East electricity
distribution market.
Enugu Electricity Distribution
Company on the other hand, has
continuously affirmed its rightful
ownership of the Aba distribution
area, insisting that the Aba area –
Owerri-nta, Osisi Oma, Ogbor Hill,
Factory Road, and Port Harcourt
Road in Aba, Abia State – with its
assets, is an integral part of the
Enugu Disco coverage and cannot be
excised.
The latest fire which the BPE
appears to have stoked, may have
drawn the EEDC and Geometric and
Aba Power back to the trenches.
The $500 million Aba power plant
has capacity to produce and
distribute about 141 megawatts (MW)
of electricity in its first phase, with
new distribution lines, four new sub-
stations and three rehabilitated sub-
stations. Each plant is to produce 47
MW of power, supported by a 60
MVA transformer.
But EEDC has faulted this, saying
Geometric Power’s inability to
comply with Article 4.(1)(1)(a) 9
years (108 months) from the effective
date of the lease agreement,
constitutes a fundamental breach of
the lease agreement.
Robert Dickerman, managing
director of the company, stressed
that Geometric ’s assignment of its
interests in the lease to Afrigem
Integrated Utilities Ltd without his
company’s knowledge nor consent, is
a breach of the Lease Agreement.
“We refer to Article 4(1)(1)(a) of the
Lease Agreement which provides as
follows: APL undertakes to distribute
electric power to the ring-fenced
Islands in accordance with the terms
and conditions of this agreement to
commence no later than 12 calendar
months from the effective date. “We
further refer to Article 8(b) of the
Lease Agreement which provides as
follows:
Penalty: In the event that APL fails to
supply power to its customers for the
period of 12 months continuously,
NEPA may terminate this Agreement.
We furthermore refer to Clause 1.3
of the Supplemental Agreement
which provides inter-alia:
“The effective date of the Lease
Agreement is hereby amended to the
date of this Supplemental
Agreement” The date of the
Supplemental Agreement is 31st day
of August, 2006.
“Your inability to comply with Article
4.(1)(1)(a) 9 years (108 months) from
the effective date of the Lease
Agreement i.e. 31stday of August
2006 is a fundamental breach of the
Lease Agreement.
We refer also to Article 18.7 of the
Lease Agreement and note that your
purported assignment of your
interests in the Lease to a certain
Afrigem Integrated Utilities Ltd
without our knowledge nor consent
is a breach of the Lease Agreement.
“More grievously, your admitted
challenge of the rights, interests and
title of EEDC to the assets of the
Lease Agreement in Suit No FHC/ABJ/
CS/106/2013 Aba Power Limited &
Anor v Bureau of Public Enterprises
& Anor tantamount to repudiation of
the lease by your good selves.”
Confirming the emergence of
Afrigem as its new investors, Aba
Power Limited, in a said letter signed
by Agatha Nnaji, a director, said: “
We acknowledge with thanks, receipt
of the various letters from the
Bureau of Public Enterprises(“BPE”)
to the Nigerian Electricity Regulatory
Commission (“NERC”), Enugu
Electricity DistributionCompany Pie
(“EEOC”), and our new investors,
Afrigem Integrated Utilities Limited,
all dated 12August 2015, wherein you
unequivocally stated BPE’s firm
stand and decision to uphold the
contentsof the Lease Agreement and
the Supplemental Lease Agreement”.
Enugu Electricity Distribution
Company has taken its case to the
Vice President, who oversees
privatization, as the Chairman of the
National Council on Privatization. It
asked among others, the withdrawal
of BPE’s letter of August 24, 2015 for
the handover of the Abia – Ariaria
section of EEDC network to a certain
Afrigem Integrated Utilities Limited,
in observance of the hallowed
principles of Rule of Law accord due
regard and respect to the ongoing
determination of the matter by the
Court of Appeal by restraining BPE
and indeed any government agency
from interfering with subject matter
until final determination by the
courts and the investigation of the
Petition of EEDC to NERC with
respect to APL Distribution License in
accordance with the ESPR Act.
“ With due respect, we consider the
BPE letter ill-advised for the
following reasons:
The subject-matter thereof is still
pending at the Court of Appeal in a
suit in which BPE is a principal
party. BPE’s letter seeks to over
reach the Court of Appeal.
It is not to be believed that the
Federal Government will lend its
support to fragrant abuse of the rule
of law or clear act of contempt of
Court of Appeal.
Afrigem Integrated Utilities Limited
is not a party to the transaction or
the “Leases”. EEDC has never
received any request for its
necessary consent to any assignment
of the rights in the lease (if any) to
any third party including the said
Afrigem Integrated Utilities Limited.
Consent of the “Lessor is mandatory
to any assignment or other
alienation process under the Lease.
EEDC has not given its consent to
any assignment or other
arrangement with any third party.
EEDC’s petition to NERC for the
withdrawal of APL’s Distribution
License which was copied to BPE is
yet to be determined in accordance
with ESPR ACT. BPE’s letter, seeks to
over reach the outcome of that
petition.


http://businessdayonline.com/2015/09/bpe-compels-enugu-disco-to-handover-aba-ring-fence-to-apl/

http://businessdayonline.com/2015/09/federal-high-court-rejects-enugu-discos-claims-over-aba-ring-fence/ let us hope this reaches a conclusion today and be done with

Stolen:
Wat is the update on second Niger Bridge. Trust Rochas and APC to use the completion of the power plant for their political propaganda. PDP should have made haste.

I dont know about niger bridge..pdp did not act or make haste so if apc completes it and use it as propaganda well as we use to say back then 'men for them' as I am only concerned about the completion and not which party did it

Abagworo read this link..do you really believe all these foreign investment talk and guys? Now read the part about Vietnamese and Imo palm plantation..so Roche that is running it now have they left the place? A south African group of men were said to have resuscitated avutu poultry partially so are they going to give way to the isrealis quoted here? Some confusion here if you ask me

http://imostategovernment..com.ng/2015/08/foreign-investors-storm-imo-to-build.html?m=1

Stolen:
Those community leaders better respect themselves Oooo! There greed is too much. Is building the Second Niger Bridge suppose to turn dem into millionaires or something? They better not provide Buhari the excuse to delay or abandon project.

check the post you quoted I added new links..check the daily independent link..work has resumed there ..i am talking about egbema plant nit niger bridge

Stolen:
Is the project still on going or actually suspended?

as at last I saw on channels tv where Imo governor went on a tour there and contractors and community leaders where discussing on some affecting completion with both community and contractor blaming each other..however someone I know that is from there says issues btw contractors and community has been resolved and work has commenced again..however as at the time channels tv did that report it was said that plant was at 60 something percent completion

http://businessdayonline.com/2015/07/ndphc-unhappy-over-unfinished-338-mw-egbema-power-plant-after-9yrs/

http://dailyindependentnig.com/2015/07/imo-urges-ohajiegbema-communities-see-power-plant-development/

chudionu58:
Who completed Alaoji thermal plant then? Which administration completed the Egbema NIPP? don't tell me its Obasanjo cos no NIPP was up to 20% complete as at May 2007.....Let me hear mention Yar' adua ! we will then know who was his vice that chaired the board of the NDPHC.

egbema power plant is not completed

owobokiri:
We are not demanding political favours from buhari, we are just telling him to get the hell out of our lives with his outdated approach to issues. .

that is you talking guy..ezeife and co have other ideas

Abagworo:
Which people are pro-PDP please? My friend the issue in Rivers is that Government needs to move to Ijaws after 16 years of Igbos. Thats just the simple issue. Parties are just avenue to realise that. If PDP wants to win Rivers State free and fair, they should field a Riverine candidate.

it I disingenuous to to say 16 yrs of Igbo rule when you always make it known that ikwerres(amaechi) are not Igbos...upland and riverine is a more apt description

Ofodirinwa:
Very smart statement. The retail revolution, online shopping, and personal access to imported goods due to everyone having more connections abroad is going to make buying it for 'middle men', or importers, nonsensical in the near future. Anyone that's serious about staying in business and is currently importing and selling isn't going to making it. Whatever you're selling, find a way to make it. If it's cards that's harder but duplicating bags, shoes, toys, electronics, furniture etc isn't difficult.

not only what you have just written but the policies of the govt in.place now might favour consumption of locally made goods than imported ones

Maybe it is high time some of these heavy importers in Onitsha started moving into production of those goods they import because I forsee hard times for some of these importers in the near future

mildflame:
Bro I am 9ja 2D CORE, 4rm my Osun DUDU Osun(black soap) 2my Sir KAY wears.
That was how USA, UK n every other nations got there, local industries must grow and not by EDUCATED BUFFONS that call themselves ECONOMIST

hmm ok because I know the typical Nigerian mentality when it comes to buying foreign goods when the local equivalent is available

ModiKen:
I'm as long as they are quality products.

All we need is to improve our infrastructure and get our industries working again at full capacity.

Kogi and Delta steel industries are in a state of coma all thanks to a man who claims to be "Father of modern Nigeria", OBJ.

I wld rather give that title to PMB when he is done fixing Nigeria.

fixing of infrastructure will not be easy especially power and all these our dilapidated rds and rail..it will take a long time even with dedicated leadership

ModiKen:
Please what has changed?!

Tell me what exactly has changed?!!!

It is this inferiority complex some Africans have about themselves that is part of the reason why we keep kissing the a$$es of the whiteman.

To hell with them and their list.

All we need is the right policies and actions to hasten the infrastructural growth of the country.

Mr. Man trust me we don't need these white men lists to improve our economy.

We should take a cue from China.

Today America owes them thousands of dollars.

I hope PMB keeps to his promise of "not resting till made in Nigeria products become a world wide brand like made in China goods

are you really and honestly ready to be buying more of Nigerian made goods?

tsdarkside:
me,i can only laugh......economics is a rough game....and i hate it!!!

nigeria should only care about nigeria.......screw the international community....buy only made in nigeria!!!

I hope you wil also buy made in nnewi products...it is easy to mouth off these things

mildflame:
Maybe U can't but Nigeria can, can U really explain d Economic Module Nigeria operates. What kind of STATISTICS/DATAS do we u use? Are old r these Data n funny enough our inflation index is base on food prices. As for recession have we ever been out of it? JP Morgan Index can't stop d growth of our economy if we imbibe n strictly put POLICIES encouraging DOMESTIC CONSUMPTION n INDUSTRIES

hope you are ready to start buying made in aba goods?

superstar1:
We shall weather the storm.

We will emerge stronger.

China did not participate in the derivative market for years. They were driven by need to curb corruption and do things that only benefits their country.

That is the right way to go. It gives us the opportunity to strengthen our bond with more local content than foreign investors that can easily call back their funds at any point in time. Thereby immunising our economy from capital flight and sabotage.

We will only do things that will benefit our people and country. They will come back to beg us.

I hope you are ready to start buying made in Nigeria goods no matter the region it is being made

basilo101:
i'm sure u love the debts Aregbesola and Ajimobi are pilling for u and ur generations unborn

sorry I am not from sw.
That is there biz