₦airaland Forum

In my opinion, there's really only one way around this. Unbundling NNPC and making its retail arm a competitor. So for places like Lagos, Abuja, Port Harcourt and other major cities, we have an NNPC station selling to the public at the government approved price.

In a place like Nigeria, the only way to check cooperate greediness is to have a government owned(not necessarily government run) company to compete with this private companies.



This is actually a long term thing though.

Raayah has said it all but since you say you really love education, i'd say you should forget about UNN and enrol at the Open university of Nigeria. Also, there are lots of schools that put their materials online e.g MIT and Stanford, there are also lots of MOOC's were you can get all the knowledge you want. at you own time and for free.

This is 2016, education has gone beyond the classroom.

What's up with all this rubbish topics making the front page ?

With the way Nigerians talk about marriage, you'd think the cure for cancer can be found in marriage.

EternalTruths:
When is Tinubu going to be probed

You should be asking Goodluck Jonathan that question. Tinubu has been out of office for 8 years so if you want Buhari to do it, wait let him finish with the last administration.

jnhmaxxwell:
No they were not sold but it's only ethical to give someone a gift that is bought new which makes super sense. Not giving a gift at all is better than Giving someone a used gift or second hand. Well, it also depends on the type of friend. In this case of U.S giving Nigeria a used vehicle which is very ok for anyone to report it the way it sees it. may be using used vehicle would have been the perfect word for it which also has a little proportion of dumping such vehicles.

This is how we continue to ridicule ourselves. Now answer me, can U.S give this type of vehicles to U.K for example ? Is that that they have considered Nigeria to be a permanent 3rd world country that no good can ever come out of it ? And they continue to treat us as such ? Even-ordinary Saudi Arabia there, U.S cannot gift used vehicles and say it's donation. Donation to military less country right ?

Though Journalism is without adding emotional feelings but not withstanding, those vehicles are better kept in U.S where they have loads of it. They could have even re-used it or harmer it to new one before giving it out.

Nigeria is not a Country you can gift these types of vehicles.

So me giving a laptop to to someone who doesn't have is not ethical?

You should go back to school, no offence.

Godmother:
Its so sad that when a company is being acquired most times a lot of the staff get sacked. Its worse in this case because these people didn't see the sack coming

They saw it coming.

bankylan:
Young man, it is obvious you only watch nta and visit nairaland. I listened to Udo Udoma on Channels with my friend Seun Okinbaloye...Udoma expressed pessimism about the budget and he even said that they are likely to review it as they rely on some experts's decision to benchmark the oil price at 38.....From what I gathered after the interview, it was obvious a thorough job was not done, and the minister has no exclusive say in the whole budget. Even Saudi Arabia with her huge reserves cut budget by 14%. We are talking about diversification as if it is a short term thing, and we can't even budget enough for agriculture compared to what information and culture ministry got. We are talking about borrowing when there is no productivity and capacity utilization..
The number 1 problem of Nigeria and Africa is inadequate knowledge, and that's Y we don't ask questions..we just believe whatever we are told.

This is 2016 who watches NTA?
If Udoma actually expressed pessimism about a budget he is supposedly in charge of, then he is not as smart as the author thinks which brings me back to my point, the author judgement can't be trusted.

As for the bold part, in the short and even long term, the Information and Culture ministry has a higher revenue generating potential than the Agricultural ministry.

APCzombie:
Is that all you took from this ?

Why not run it through spellchecker and come and pick spelling errors.


Ode

Buhari is President for the next four years, deal with it.....

The author says

If there is anybody I can vouch for in Buhari’s Cabinet, it is Senator Udoma Udo Udoma. I have known him, and his best friend Keem Bello Osagie, for 30 years. All three of us are graduates of Oxford University, England, although I was there before him and Keem. Udoma is as sharp as a razor; he is one of the most intelligent people I know. Better still, he is a man of unimpeachable integrity. Udoma cannot be bought. He has a very successful law practice; the last thing he would do is fiddle with public funds.

he then goes on to say

Udoma is a man well-prepared for public office. However, in the short-term, he will have to defend as, a team-player minister, a budget unlikely to be his brainchild. Udoma could not have known he would be the Minister of Budget and Planning. But now he has to defend a budget he could not have planned. Frankly, there are a number of things in this budget that are indefensible.

The irony is so glaring i find it hard to believe the author is oxford trained.

A man of integrity would not put his name on a document he cannot defend so if Mr Udoma is a man of integrity and as intelligent as the author claims then Mr Udoma would have had a lot to say as far as this budget is concerned and the budget is most likely his brain child.

The article just shows the author hates the president and is finding every possible means to knock him but given that his friend (whom he can vouch for) is in charge, he first tries to exonerate his friend(that is not held against his will) before bashing the president and his party.

CoCoLav, CoCoLav, CoCoLav

Just like that, its another new year for you, If Jesus had told me i'll be updating this thread a year later, i'd have mocked him but such is life.. I have about a million things to say (actually 967,432) but today ain't a day for talking, its for celebrating you.
As you start a new year in your life,

I wish you all the very best life has to offer and hope that your prayers** comes through*.
I thank you for the last year, for been there and looking after me. I truly truly appreciate everything. You rock .










* [size=4pt]Not sure if its supposed to be through or true (16 years since i wrote waec)[/size]
** [size=4pt] If any prayer has to do with animals and I, it wont be answered [/size]

TheDevilIsALai:
I will reopen discussions with the Iranians and assure them of release on the condition they (Iranians) take him into exile. In response to this I will assure the Iranians of Nigeria's neutrality in the ongoing conflict and will set up a public enquiry looking into the Shiite massacre and promise to bring to book anybody in the army responsible for or part of the Zaria massacre.

A high powered delegation led by the President will meet with the Iranian govt over the issue in Tehran where the President will state his readiness to carry out a thorough investigation into the massacre.

There will be cameras and a handshake and the matter will die in 3 days time

What if in your negotiations the Iranians demand El Zakzacky be made a minister what would do?
Make him vice President?

abduljabbar4:
I can bet with my life that he makes more sense than olisah metuh.

It's illegal to use Olisa Metuh and "sense" in the same sentence.

TonyeBarcanista:
I also occupied Ojota in 2012. The situation is quite different.

In 2011 Nigeria's subsidy shoot from some hundreds of billions to TWO trillion. How come? The then government kept saying that some cabals and stuff, but it wasn't so before they came on board. Many(including myself) maintained that the masses must not suffer for the government's insincerity and cluelessness. As at then, fuel was sold at N65 per litre, while subsidy was at N80 per litre. That means the government expected us to be buying fuel at N145 per litre(or more). That is over 100% increase in hardship and poverty catalyst. We had trillions in our reserve, there was no paliative and the politicians were in one corruption scandal or the other and walking free. So it was unacceptable and we resisted it!


The government relaxed on partial subsidy and brought SURE-P but what did that bring to us? Nothing. The government promised refineries but till date nothing is on ground. So the 2012 opposition was/is on point.

Can you please return the account to the real owner?

Firefire:
Majority of Nigerians are supporting Buhary's fight against corruption, however, it must me seen as 'holistic' and not one-sided.

I will not hesitate to support Buhary, once I see the other known looters in his camp being prosecuted and brought to justice.

All political gladiators in Nigeria are known looters without any exception.

The fight against corruption must be WON!

State Looters with several petition waiting at EFCC must be visited.

Shalom!

There is nothing like a one sided fight against corruption. It's either you are corrupt or not, everything other thing (race, religion, political affiliation, gender, status, education) is irrelevant.


The question is "those who have been arrested/interrogated, have they stolen/corrupt or not"?

flejnr2:
Just one answer for you.

HOW MANY OIL WELL ARE IN THE UK

Educate yourself...
https://en.wikipedia.org/wiki/List_of_oil_and_gas_fields_of_the_North_Sea#United_Kingdom


You are in the UK and you don't know the UK produces oil?

And this thrash made the front page?

OP stop talking about what you do not know.....

Tamee:
I know. It is easier for Ops friend to have ended the relationship than drugging his girlfriend. Knowing the kind of half-baked education people get, they will start to copy Op if we don't address this matter from all sides; and people do react to pills differently. So, we shouldn't make it seem like drugging people and drawing their blood while they sleep is okay.
The gf may/may not know her status but then, slow people shouldn't be in relationships in the first place

I second the bold part....
Mr OP,you should be locked up for a very long time, an NO you didn't save a friend, anyone foolish enough to have unprotected sex deserves what comes their way.

Your friend will still have unprotected sex and you won't be there to molest another soul...


When politicians steal and travel abroad for headaches, its because of folks like you.

I believe Metuh didn't read/listen to the speech.
The N1.8 trillion is for capital projects. To diversify from an Oil economy, we need to build infrastructure(something Metuh and his gang in PDP failed to do after debt cancellation and record oil prices), to build infrastructure, we need money which we don't have now,so the only option is to borrow.

1) There's no way you can diversify the Nigerian economy without spending money on building infrastructure.
2) The country has to spend and spend big to stimulate the economy.
3) To spend it's either we borrow money or follow what the CBN governor once proposed: Sell our stake in some of our JV's or my personal favourite swap oil for infrastructure.

Ponponkon:
The much I can do now least I be tagged someone who's promoting a particular designer over others.

Here is the contact of the association

Leather Products Manufacturing Association of Abia State(Ndi Omenka)
Lepmas2013@gmail.com
Office 1r Elifans Road by Power line Aba,Abia State
C/o Mazi O.C Williams President
08037633018 08037441001

Or
Umuehilegbu industrial market/traders associatio.
Call Eze Alilionwu- 08038621110 Bakassi line.


Hope I'm nuetral enough.

Get them on Webmall, Jumia, Konga and other online stores.....

Also let them get a brand specialist... This is what branding can do for them

http://www.vanguardngr.com/2015/11/microsoft-shoespeed-italian-scali-to-empower-youths-with-shoemaking-skills/

EternalTruths:
it is clear how you arrived at that figure

Now tell Nigerians why Buhari declared an expected revenue of 830Billion naira from oil, when your figure below which I highlighted blue is 1.66 Trillion naira




Is Buhari being outsmarted by Tinubu's boys.?

http://sweetcrudereports.com/2015/11/10/kachikwu-seeks-reduction-in-30-per-barrel-cost-of-oil-production/



Can please stop disturbing us with your ignorance?

So the dude can't make breakfast for himself?

EternalTruths:
What I am asking him to do is to back that figure with fact base on a reliable source.


The real production cost could be $5 or more or less

No problem

Just back your figure with fact base on a reliable source.



I will accept defeat if he can provide fact base on a reliable source.

He said onshore can be as low as $10 while offshore can be as high as $25. The $18 he used was an average.

EternalTruths:
And you believe him

That the cost of production is $20

Please tell me where he got his fact.

He didn't say it $20, read his post very well with an open mind.

EternalTruths:
You see why I regard you guys as illiterates


Buhari arrived at 830000 billion naira based on $38 dollar which you intentionally refused to calculate.


Now re do your calculation of what I highlighted blue using $38

You guys think we are illiterates like APC people

Guy stop embarrassing yourself. The $20 the guy used is after the cost of exploration has been deducted.

Nigeria gets 60% of the total crude sold after the oil companies have deducted the cost of getting the crude.

Still doing estimates for 2015 in December?

oshyno:
Mr man, you need an arrest warrant b4 u arrest somebody. It is only poor people that police n all these agencies will storm your house and whisk you away like a common criminal. Even to search your house they need a warrant.

Where in my post did i mention the word warrant?

APChangeZombie:
The EFCC has to secure an arrest warrant from a federal judge before they arrest you.

Where do you people get your legal info from? Fascist Times?

Can you find the word warrant in my post?

oshyno:
Listen to ursef supermod. Soo ur saying EFCC didn't err by re-arresting the NIMASA ex DG in such gestapo style.
When your re arrest somebody without charging him to court is that not madness and affront to our laws.

What baffles me is the media trial going on now. Did they invite him and he refused to come ? Whaz d matter with EFCC arrestin gpeople like they are fighting war. This is how they rush cases and end up not convicting anybody.

Nnamdi kanu eventhough not a fan is just being held against d law and it can only happen in a country like Nigeria.

The EFCC doesn't need to invite you before you are arrested. Once they feel they have a case against you, you can be arrested.

olabokey:
Thank you very much!

You welcome.

CoCoLav:
AZeD1

Ghandi12:
No doubt, there are valuable points in questions being raised by those who have reservations for the approach the current government is using in tackling the economy. Nonetheless the economic buoyancy of a state is not necessarily tied to its debt portfolio. Similarly people success in corporate assignment may not be accurately predicted using their core discipline. Akpabio and Fashola are lawyers, by Nigeria standard they remain the most successful Govs in recent time. You have given us debt accrued by Ogun State under the economic direction of Mrs. Adeosun. You know state debt is just one of many economic indices required to analyze economic buoyancy. America remains the world highest borrower yet the world most-powerful nation.

# Could you also post what was the IGR of the state before and after Mrs. Adeosun service?
# Could you also compare this to other states?
# What was her impact on direct investment into the state during her service?
# What was the overall infrastructural changes in Ogun state under Mrs. Adeosun's direction?
# The state's GDP under Adeosun? Compared to other states?

Bros please take one bottle on my head.
Borrowing is not a crime, it's what you borrow for that determines if it's a crime.

I can't answer for the OP but I know according to the manufacturers association of Nigeria, Ogun state received more than 50% of FDI in manufacturing and using a layman analysis, we can deduce that
1) The internal generated revenue in Ogun state will increase
2) The GDP of Ogun state will also increase.

Ofodirinwa:
so you mean to tell me that Ngozi Okonjo Iweala was right? You mean to tell me Jonathan was thinking about our future well being?

No Jonathan and NOI were clueless... The budget was based on 70+ dollars a barrel which means they had about $30 to play.


Also they met subsidy at about N300 billion and more than tripled it to over a trillion....