₦airaland Forum

SalamRushdie:
But major constitutional bother here is that the expense was already captured in the Budget which had not been passed and for Buhari to go on to make such an expense was totally unconstitutional not minding the source of the funds

SalamRushdie:
Ohh so the ECA is even illegal ? Too much illegality in this country..

pedrilo:
to be delivered in 2020?
maka why?

SalamRushdie:
This doesn't absolve the fact that financial laws of our country as regard such deduction were broken by the Buhari govt and this is tantamount to theft . No amount of bickering and spinning by evil zombies can change the facts that Buhari committed an impeachable offence

Doyin2:
This thread was intended for intellectual discuss,not for dead or lazy brains whose refuge is abuses.

My opinion is mine based on a premise.

I expect superior perspectives.

chineduemmao:
the question she asked was luring any person could have gotten pissed off but hilary behaved like a pro politician

Mariangeles:
Chimamanda's worldwide recognition got to her head!
From her reply, you can sense some know-it-all attitude...

She can say whatever she wants, but fact is she invaded on the privacy of another woman in front of the whole world!
Whether she admits it or not, all she did was make Mrs Clinton look weak in front of the whole world!

SalamRushdie:
The are Americans are going to tell him to leave the stage but the Dullard will not heed and that will set the ball rolling for Back 2 Daura polls ..I know what I am saying

rifasenate11:
see dem, you didn't here the writer saying, Nigeria underground reserves.. so you have never heard of Oil reserves before. oil reserves are not active oil field.. you support buhari but you are too lazy to study.. #lazynigerianyouth.

three:
Going by your line of questioning, you do realise that oil prospecting was ongoing in 2010/2011?

beckhart:
Do not rule out the possibility of these being the true events of the past three years. In Nigeria, anything is possible. Have an open mind.

three:
http://www.punchng.com/nigeria-discovers-crude-oil-borno/
https://www.naija.ng/1077925-oil-ministry-confirms-discovery-oil-borno.html#1077925
https://www.thecable.ng/crude-oil-discovered-borno

obailala:
During the Yaradua sicknesd saga, it may surprise you that every single south south governor was against Jonathan. This was part of the reason GEJ had to break the ECA vault at the time to buy the support of even his closest brothers.

maziude:
Have you tried using google.com ?
That is the fastest way to get your answers.

eleojo23:
I think we need to start having hospital CEO's who are not medical doctors but who studied healthcare management or other health discipline instead of allowing Medical doctors to do the job.

There will be more sanity in the system.

kachikapor:
Hi AZeD1. We actually got the COPR in Sept and purchased flight tickets in Nov. The job opportunity didnt crystalize till Feb. We had initially planned to land in Toronto seeing as that is where most of the Finance opportunities are. Thank God for that post o...'twould have been a different story.

kachikapor:
Thanks Vascey.

The company i work with is a global business. I just leveraged on my relationships with the bosses i work with regionally and God was there using them to connect me with the Canadian Vice President and the HR people there who informed me of a role similar to what i was doing in Nigeria. We started exchanging emails back and forth since Dec 2017. In February i had a couple of interviews with them via Skype and the rest as they say is history. Truth is, my wife is very active "silent" reader here on Nairaland and she read a post someone put up here about an Indian family who was struggling in Canada after giving up their cushy jobs in Hewlett Packard and the bank where his wife worked and he was working as a security man in Canada while his wife was working as a nanny or something.One of the things he mentioned he regretted in that post was the fact that he never leveraged on the HP brand before quitting his job. I too was headed in the same direction until I came home from work one night and my wife showed me that post. That was when we began thinking about reaching out to my company in Canada to see if there was room for an internal transfer of sorts...na so i take reach here o.

Blonchilli:
You shouldn't make yourself a complete buffoon in a bid to appear smart and intelligent which you are not. It will do you well if you read to understand.[b] They're are several possible candidate and I only created this thread so intelligent minds can discuss persons they see as suitable candidate. [/b]Electing or choosing a suitable candidate do not mean a country's education sector is functioning properly, the US elected a man with zero political experience and a clown into the most prestigious presidential position in the world. Next time turn your sense on before you quote me.

LordAdam16:
1. The NBET is the final arbiter of who pays what. That point isn't even in the discussion. It's not a negotiation. Everything is recorded monthly, the amount (MWh) they collect, the amount they reject, and eventually compared with previous values to quickly identify any hiccups. If you know where to look, you'd get this information.

2. Estimated billings favor them. Does loss from energy theft also favor them? What about the owed money by the government?

Abuja DISCO alone needs N54b to meter all their customers. However, the revenue shortfall in the sector is over N800b. And btw, the power base pyramid recommends that distribution capacity should be at least 4 times the installed generating capacity. Currently that is 24,000MW. Unfortunately, current distribution capacity is approx 4500MW.

Considering these tight contractual obligations and liquidity crisis, which bank do you think would approve their loan request? Which "competent, financially buoyant" foreign company do you think would be st*pid enough to put their one cent in the distribution segment without asking for these challenges to be taken care of? Or do you think investors are charity organizations?

Then you sneak in a snide remark that "they do collect money, but don't remit." Pray tell, what is your source? Since you're so certain, why not your whistleblow on them to the NERC and Nat'l Assembly so they probe the fraud? We're talking about over half a trillion naira in NBET debt.

All of these ignorant postulations and disgusting inferences are the reason why we aren't moving as fast as we could. Instead of you guys to talk about the challenges, you dunces just decide to pick a scapegoat because that's easier. Then all this white noise allow the challenges to persist because apparently all you armchair energy economists have a simple quick fix--"Oh, why not you just sell the DISCOs. They're incompetent." Like you've ever managed one.

What about the TCN? Are they the competent ones? The FG that takes forever to make urgent decisions and plays politics with everything, I bet they're competent? How about the GENCOs that get minted cash from the CBN whenever they run at a loss? Who wouldn't be competent with such an arrangement?

-Lord

LordAdam16:
One of the biggest issues in the power sector is liquidity.

The financial structure is simple. The NBET owned 100% by the FG buys power in bulk from the GENCOs, then sell the electricity to the DISCOs.

But for some reason, the NBET is saying the DISCOs owe them N500b+. Which has made them unable to pay the GENCOs. The GENCOs in turn are owing gas suppliers, sub-contractors, and scaling back investment because the debt. The DISCOs with such amount of debt on hand have decided to scale back investment as well. Banks won't touch them with 10-foot pole.

The question is, how is it that the NBET let the DISCOs owe that much? Are they trying to say the DISCOs received N500b+ in payment from consumers and failed to revert it? If no, then did Nigerians (from the government to the companies to residents) receive N500b+ worth of electricity for free?

-Lord

fuckpro:
...STORY STORY STORRYY!!!
...decentralize the sea ports and relocate the headquarters of oil coy and lets see if others won't catch up and overtake

doctokwus:
FFK went overboard.
But the archbishop endorsing Buhari for a second term is totally unjustifiable and calls into question his brand of Christianity.
Catholic Cardinal Okogie,Catholic Archibishop Onaiyekan,ditto Anglican archibishop of Enugu have all denounced Buhari.So which God is Welby serving and which scripture is he reading if he claims to be a Christian leader,yet has endorsed and is praying for for a second term for Buhari,with all the suffering Nigerians are going through and the widespread murder of many Christians by Fulani herdsmen,under this government?

FUNNYBONE1:
Nigeria a country blessed with wonderful people but stupid leaders.

Amoto94:
Good or bad news?

giftedben:
It’s exactly 6Yrs since Muammar Gadaffi was Killed by Stupid Americans!

"I will not go into exile to any foreign country. I was born here in Libya, and I will die here. This country was a dessert, and I turned it into a forest, where everything can grow.

No one Love this land more more than its citizens. If Europe and America tells you that they love you, be careful. They love the wealth of your land. The oil and not the people. They are helping you to fight against me but, it will be more wise for you to fight against them because they are fighting against your future and progress.

My message to you the people of Libya is, they are helping you to kill me but you will pay the price because you will suffer. And my message to you America and Europe is, you will kill me, but be ready to fight a never ending TERRORISM.

Before you realise your ignorance, terrorists will be hitting you at your doorstep."
GADDAFI once told the Nigerian and British governments to divide Nigeria into two, so that the Hausa/Fulani (Moslems), Yoruba (Christians) and Biafrans/Igbo, can live as neighbouring countries.

It's good we look at these 16 REAL REASONS WHY COL. GADDAFI WAS KILLED:
1. There is no electricity bill in Libya, electricity is free for all its citizens.

This is a lie

2. There is no interest on loans, banks in Libya are state-owned and loans given to all its citizens are at a 0% interest by law.

Also a lie

3. Home is considered a human right in Libya. Gaddafi vowed that his parents would not get a house until everyone in Libya had a
home.
Another lie

4. All newlyweds in Libya receive $60,000 Dinars (US$50,000) from the government to buy their first apartment.
Another lie

5. Education and medical treatments are free in Libya. Before Gaddafi, only 25% of Libyans were literates. Today, the figure stands at 83%.

Another lie

6. Libyans taking up farming as a career, they received farm land, a farming house, equipment, seeds and livestock to kick- start their farms – all for free.
Another lie

7. If Libyans cannot find the education or medical facilities they needed in Libya, the government funded them to go abroad for it.

Another lie

8. In Gaddafi's Libya, if a Libyan buys a car, the government subsidized 50% of the price.

Another lie

9. The price of petrol in Libya is $0. 14 per liter.

Fuel was really cheap
10. Libya has no external debt and its reserves amount to $150 billion – now frozen globally.

11. If a Libyan is unable to get employment after graduation, the state would pay the average salary of the profession as if he or she is employed until employment is found.

Another lie

12. A portion of Libyan oil sale is credited directly to the bank accounts of all Libyan citizens.

Another lie

13. A mother who gave birth to a child under Gaddafi, received US $5,000 as child benefit upfront.

Another lie. Child benefit was 20 dinars a month per child

14. 40 loaves of bread in Libya costs $ 0.15

15. 25% of Libyans have a university degree

16. Gaddafi carried out the world’s largest irrigation project, known as the Great Man- Made River Project, to make water readily available throughout the desert country.
If this is called "Dictatorship", I wonder what type of Leadership Democrats have!!
Share this to remember Gaddafi