Atlwireles's Posts
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Curlieweed: Do you know how much RVSG has spent since 1999 developing power generating assets? Comment on stuff you actually understand.That is the problem, with people on this forum. Odilli spent 8 years building what he called power plant, Amaechi has taken over and we were told he finished the project. Why are these plants not working? Is the central government still the problem? Abi, rivers state lacks gas too? Power is great in my part of delta, I know is not the same across the country, but rivers should not be in the same position as states crying about bad power. |
Ford Motor, the second-largest American automaker, is considering Nigeria as an option on its plan to open new manufacturing plants on the continent.http://businessdayonline.com/2014/08/ford-considers-opening-plant-in-nigeria |
MyPWisINCORRECT: *Sneezes on altwireles* Heeeheeehheeeshian!!You have to come to my village to do your sneezing. ![]() |
MyPWisINCORRECT: How does this curtail the spread of Ebola?How does Ebola come in here? Go quarantine yourself, if you have Ebola already, before you kill innocent people. ![]() |
Shell’s deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), has announced it started oil production from the first well at the Bonga North West deep-water development off the Nigerian coast on Tuesday 5 August 2014. The Bonga project, which began producing oil and gas in 2005, was Nigeria’s first deep-water development in water depths over 1,000 metres. Bonga North West represents a significant step forward for the project. “This is an excellent addition to our deep-water portfolio – a key growth theme for Shell’s world-wide upstream business,” said Andrew Brown, Shell’s Upstream International Director. “It’s also good news for Nigeria, as it is a new source of oil revenues and strengthens Nigeria’s deep-water expertise, a key driver of economic development.” Oil from the Bonga North West sub-sea facilities is transported by a new undersea pipeline to the existing Bonga floating production, storage and offloading (FPSO) export facility. The Bonga FPSO has been upgraded to handle the additional oil flow from Bonga North West which, at peak production, is expected to contribute 40,000 barrels of oil equivalent per day, helping to maintain the facility’s overall output. The Bonga project is operated by SNEPCo, which holds a 55% stake. The other project partners are Esso Exploration & Production Nigeria (Deepwater) Limited (20%), Total E&P Nigeria Limited (12.5%) and Nigerian Agip Exploration Limited (12.5%) under a Production Sharing Contract with the Nigerian National Petroleum Corporation. http://businessdayonline.com/2014/08/shell-starts-oil-production-from-bonga-north-west-deep-water-project/ |
As long as APC builds their own asorock, their own national assembly and fund it with their own monies, they can form as many parallel governments as they want. |
Nigeria produces 77% of the West African GDP. Tomorrow some midgets will be comparing their miserable broke-a$$ nation with Nigeria. ![]() |
SantaMafia: and what is your fvcking buisiness with what Ghana and IMF decide to do? are you not supposed to be searching for those your little apes somewhere in Sambisa forest or whatever sh1t place boko haram took them to? i thought that should be your major concern, not what Ghana and IMF decide or not decide? hahahahahahaha fuckedupeednessYou are on a Nigerian forum, dumbass, we talk about what we want here. |
SantaMafia: hahahahaha listen to this goat! what is life expectancy in your sh1thole? how many of your suffering and no-more-smiling shitnigerian goats have access to potable water? how many in your dustbin country can sleep with their two eyes closed at night? how many of your youths are employed? Jeez, people even eat from the dustbin in your magg0t-infested modafaking sh1tholeA country where 50% of your budget is dependent on foreign aid A country where missionaries, provide education, healthcare, poverty programs in 2014 is talking. You should be ashamed of yourselves. Go begging, that's, what you people do well around the world. |
SantaMafia: hahahaha i thought shitnigeria is the original 419 country? which data did Ghana manipulate? what a mor0n!The financial markets knows the 419 nation now. When the IMF gives you their bitter pills to swallow, you will learn to tell the truth next time. |
SantaMafia: you are talking like a the biggest foooooooooooooooooool in thr world. Ghana was not the first country to rebase and what is wrong with rebasing,ediot? the rebasing was simply to enhance convenience. what was fraudulent or questionable about that? didn't your country contemplate rebasing at one point during soludo's time? so what crap are you bleating?Why are you crying, deal with miserable inferiority complex. Rebasing that was called a fraud by both world bank and most financial houses. You were made to defend those numbers how many times What is worth $46B in hell hole call Ghana. Your bond has been reduced to junk status this dumbass is still talking. |
Ghana will remain the original 419 of nation. They manipulated data for almost 12 years, it finally caught up with them. ![]() |
Obama's favored African nation hits the skids Just over two years ago, it was President Obama's model African nation. Now Ghana is looking for a bailout. The small West African nation won many admirers for growing rapidly and reducing poverty. But the poster child for progress in Africa, hailed by Obama in March 2012 as a "wonderful success story," is now struggling. Growth is slowing, despite rising oil output. Government borrowing and inflation are rising, and the currency -- the cedi -- has lost about 40% of its value this year. President John Mahama said Ghana would be seeking the support of the International Monetary Fund as it tries to stabilize the currency and economy. The IMF has not received a formal request from Ghana for assistance, but said it is ready to work with the government on a support program. So why the dramatic reversal? Shilan Shah, African economist at Capital Economics, said Ghana has been spending too freely on public sector wages and subsidies, leading to a widening budget deficit. "Compounding the problems are recent allegations that the Bank of Ghana is attempting to finance the deficit by printing money, which has pushed up inflation to over 15% year-on-year," Shah wrote in a research note. Ghana's imports are also racing ahead of exports, draining the country's foreign currency reserves and piling pressure on the cedi. An IMF bailout would provide backstop funding while the government takes steps to get a better balance between spending and revenue, and in foreign trade. That's almost certain to mean tough austerity measures for a country where annual GDP per capita is still only $1,850. The IMF may also insist that interest rates -- already at 19% -- rise further to persuade people to spend less and contain inflation. Growth could slow to about 4% this year and next, down from 7% in 2013, as a consequence, said Capital Economics' Shah. Talk of a bailout comes less than a decade after $3 billion in debt was wiped off Ghana's books as part of an international relief initiative. |
Ghana biggest problem was lying to themselves about their reality. From rebasing their economy, which was a huge fraud to, the cedi/dollar exchange rate, Ghana created economic stocks, that had no value. They will pay for next 10 years. |
Ghana has lost its lower middle-income economic status, international economist Dr Kwaku Osafo has said. He pointed out that the indicators that qualified the country into that status are no longer reflecting as they currently point to a reversion to the former status of developing economy. The Convention People’s Party (CPP) leading member made these known on TV3’s News 360 on Friday, August 1 in an interview with Kenneth Osei Ampofo. Dr Osafo cited that the defining base of $1,000 and above per capita income for a middle-income country can no longer be said of Ghana as its per capita income has dropped to $600. “The Gross Domestic Product has also devalued in a way,” he mentioned, indicating that the amount of $50 billion as against 20 million population then has reduced to about $30 billion as against a population of 25 million. “Definitely we have gone back to our old classification as a developing economy not a middle income economy,” he stressed. Dr Osafo said the redenomination of the Cedi is partly to blame for the current crisis as the exercise propelled Ghana’s economy to the levels of developed nations prematurely. “Making the Cedi stronger than the [US] Dollar was a fundamental flaw in economic policy management because when your currency is strong it means you are having more exports than imports and there was nothing like that at that time.” He said with such a strong local currency then, Ghana was considered “well-placed’ in terms of infrastructure to match any other of a middle-income country in the world. Government has admitted the country’s middle-income status has compounded the economic challenges since the country does not benefit from aids any more. President John Dramani Mahama has, however, assured the nation that by December, there will be an improvement in the cost of living. |
Don't be upset, the man is right. Nigeria, should have done this from the start. That Liberian medical terrorist would never have come into Nigeria. |
deenforme: From child molestation charges to No compassionate charges .Bigoted , you think I'm blood drinking muslim like you. Read my first comment or piss off back to allah shit. Regardless, if this story was true or not, the Op's comment were down right ridiculous. Unless as usual you islamist found nothing wrong with that picture. |
OP, you want to trash, your own thread, you will be welcome to it. ![]() |
OP, do you have light today or you are using candle ![]() |
AkinEgba: Nigerian villages and smaller cities are still packed with human beings. Have you been to a town like Sapele (Delta State)? You see how packed it is. There are 1000s of such all over Nigeria. Besides, Lagos is seriously under-counted. The 2016 census will not be different unless we get external people to oversee it. Too much wuruwuru for Naija.I agree with wuruwuru, yet the numbers are too high. Sapele is almost 200,000 population count, we have areas called Sapele that are classified as Okpe LG. That's another 150,000 people. The numbers make sense to me. Take the Lagos-Kano train and see, empty lowland with nothing as far as your eyes can see, yet those states have some crazy population count. |
deenforme: Kai NigeriansDoes that change the comments of the OP, not for a second did he show compassion for that kid, scam or not. |
simpleseyi: Your hatred for Islam has not stopped the growth of Islam over the years. Our prophet came about 600 years after Jesus, yet followers of the prophet are at par with church goers. Stop stalking Islam, instead tell your catholic priesst to stop molesting young boys and your men-of-god to stop extorting the poor masses like politicians.You are a good example why boko haram will never stop in Nigeria, because most of you agree with boko haram, your humble self included. You had nothing to say by about a crying child, you went on justification tirade. ![]() |
Boyedex: Atlwireles AkinEgba I am tempted to doubt the 160 milla population thing too. When you visit many cities, only Lagos makes those numbers believeable. 2016 will probably be more revealing.The Nigerian population numbers are just not plausible. |
AkinEgba: But the article said something like ''closeness to oil ..........'', no?Correct, I was responding to your earlier comment about oil and productive in the country. |
AkinEgba: On the contrary, oil has made some lazy and unproductive, and I disagree that we are no more than 120M. I believe we should be topping 170M now and at least 60-70% of that number constitute unproductive Nigerians.I made that comment, because oil was not a major factor. Those two states alone are responsible for almost 1 million barrel of crude daily. Yet this study exclude them, and benin city made the cut. |
AkinEgba: On the contrary, oil has made some lazy and unproductive, and I disagree that we are no more than 120M. I believe we should be topping 170M now and at least 60-70% of that number are unproductive Nigerians.Oil made the government lazy, they are ones eating oil money. The average Nigerian is born hustler and hard working, he has no other choice. If 60-70% of Nigerians were unproductive, Food aid would be coming to this country, like Niger, Chad and co. I don't see that yet. I don't know where you get 170M. I truly don't. |
AkinEgba: Getting serious.........Having oil is not really a problem, this data excludes two of the major oil producing cities/states. My problem in this county is we have a huge population based on nothing but fake figures. I believe Nigerians are not more than 120M, if that many. The huge population is only counted on paper. |
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What is worth $46B in hell hole call Ghana.
Your bond has been reduced to junk status this dumbass is still talking.