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Politics / Re: A New Dawn Of Greater Economic Development Coming To Anambra-state! by bestofthisyear(m): 9:11pm On Jun 28, 2020
What ever happened to this initiative??

investnow2013:
Anambra Gets $2.5bn 1500mw Power Plant under Power Africa Initiative

29 Jul 2014
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Power plant

Chineme Okafor

Nigeria’s formal agreement to work with the government of the United States (US) to increase access to and availability of electricity in Nigeria through the US-backed Power Africa initiative will bequeath to Anambra State, a brand new 1500 megawatts (MW) thermal power plant.

The new thermal power project, to be built at the cost of $2.5 billion by international power firm, Global Edison Corporation, which is to be sited in Anambra State will expectedly take gas for its fuel from the gas rich eastern supply axis.

Senior Vice President for Africa of Global Edison Corporation, Peter Nwangwu disclosed at a recent signing of a Memorandum of Understanding (MoU) with the federal government in Abuja power to be generated from the plant when completed will however be transmitted into Nigeria’s national grid, .

The project which is coming on the framework of the US government backed Power Africa initiative that was launched last year in Cape Town, South Africa by US President, Barack Obama, will however be fully funded by Global Edison Corporation even though the company is part of beneficiaries of the initiative.

It was activated alongside with Nigeria’s formal signing of a MoU with the US to formally activate the Power Africa initiative which hopes to double the number of people with access to power in Sub-Saharan Africa, starting with six countries including Nigeria.

The MoU, which was signed by the Minister of Power, Prof. Chinedu Nebo on behalf of the federal government and US Ambassador to Nigeria, James Entwistle for the US government in Abuja now proffers a framework to coordinate the implementation and support of institutional reforms, privatisation and regulation of Nigeria’s power sector within the Power Africa initiative.

Through Power Africa, African governments, private sector and other development partners such as the World Bank and African Development Bank (AfDB) are expected to improve their power generation by 10,000 megawatts (MW), by unlocking the substantial wind, solar, hydropower, natural gas, and geothermal resources in the region.

The initiative was primed to further enhance energy security, decrease poverty and advance economic growth by building up clean, efficient electricity generation capacity as well as expanding mini-grid and off-grid solutions.

While speaking on the MoU that was signed by his company and the ministry of power, Nwangwu stated that in addition to the 1500Mw gas power plant, the company will also build a 70MW solar panel manufacturing plant in the country.

He said that: “There are two MoUs that were signed today with Global Edison, the first one is the one that we are building a 1500MW gas fuelled power station in Anambra.

The second MoU is that which we are building a 70MW solar panel manufacturing plant in Nigeria and this will be the largest in West Africa.”

“The significance of this is that we will be able to now power our rural areas and villages with reliable solar panels that will last for 30 to 50 years; imported panels have given solar energy bad names across the world but when properly designed and installed, they can be almost maintenance frees for 20 to 30 years and that is what we intend to achieve here,” Nwangwu
Politics / Re: Fashola Puts Country’s Woes On Leaders’ Poor Education by bestofthisyear(m): 3:21pm On Apr 15, 2013
I totally agree with Fashola and he is 100% correct. With higher education you not only gain a higher standard of knowledge, you as well gain a better understanding of the world around you with the experiences you gain and the exposure you receive. A country should have open minded visionaries who not only have an elaborate plan to help their people but should also have the knowledge to accompany those visions. If you need an example of how an uneducated person in a high position can lead to downfall please reference "my oga at d top"

1 Like

Politics / Re: Igbo Must Be President In 2015 – Orji Uzor Kalu by bestofthisyear(m): 1:14pm On Sep 21, 2012
profola2be:

Corruption or no corruption,he is one of the few ibos left,that fight the ibos' course.the rest have been sold out,even you.

You just contradicted yourself in the worst way! What fight was fought as govenor? The fight for his wallet?
We hear it time and time again but we refuse to face the facts. When presented with 2 credible candidates last election who were both igbo we didn't vote for them because either we didn't like their party or we didn't know much about them. Until a system of screening is implemented in where only credible candidates can run and not the richest we can forget about anyone fighting anyone's fight except for a personal wealth battle
Politics / Re: Igbo Must Be President In 2015 – Orji Uzor Kalu by bestofthisyear(m): 1:06pm On Sep 21, 2012
franksomitex: Who will be the front man? May be Peter OBI.

God forbid bad thing!!!
Politics / Re: National Awards: Adenuga Receives GCON, 148 Others On The List by bestofthisyear(m): 6:20am On Sep 10, 2012
The same guy who's partly responsible for fuel shortages wins a national honor..... cry lipsrsealed

1 Like

Politics / Re: Demolition Of Kidnappers Of Anambra's Monarch's House ( Pics) by bestofthisyear(m): 5:10pm On Sep 08, 2012
A political stunt funded by aurthur eze. Anambra though a lovely place is still a dangerous place to be. He can take the kudos when he rids the state of kidnapping like he promised so many times to...
Politics / Re: Obi Calls For Renewed Assistance To Haiti by bestofthisyear(m): 6:17am On Sep 05, 2012
Stallion77: Charity begins at home.

When children in Anambra have died at school from using a public toilet.....we have enough problems to face before facing others
Politics / Re: Nigerian Leaders Stole N37 Trillion In 13 Years by bestofthisyear(m): 3:36pm On Aug 30, 2012
I guess this news is to be expected. The known unknown
Politics / Nigerian Leaders Stole N37 Trillion In 13 Years by bestofthisyear(m): 7:05am On Aug 30, 2012
Yoruba leader and former lawmaker has accused Nigerian leaders who held public office between 1999 and now of stealing  N36.7 trillion from the public purse.
Femi Okurounmu, who was in the Senate between 1999 and 2003, stated this in Abeokuta on Tuesday while delivering a paper at a town hall meeting organized by the National Patriotic Movement.
The Ogun State politician made reference to a United Nations estimate that $400 billion was stolen by Nigerian leaders between 1960 and 1999.
“In the subsequent 13 years period up to date, I have estimated about N36.7tr has further been stolen by our leaders’ Mr. Okurounmu said.
The former lawmaker distributed a self prepared tabular representation of stolen money. He also accused the administration of President Goodluck Jonathan of encouraging corruption in the country.
“The extent of government’s tolerance of corruption, or even the encouragement of it, is illustrated by the fact that out of the 54 incidents listed in the records just given to you, only in four cases were the culprits sentenced to token imprisonments in Nigeria; while two others who were found innocent in Nigeria, were only convicted in London,” he said.
Mr. Okurounmu advised that one way Nigerians could help in the fight against corruption was to ostracise the perpetrators of the act.
“We should shun their company, ostracise them in the community, ignore them in public places and refuse to accord them any recognition whatsoever in social gatherings,” he said.


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Certification And Training Adverts / Re: Stanford Is Offering Free Online Computer Sciences Courses by bestofthisyear(m): 3:55am On Aug 26, 2012
Femicrux: This is nice. I've actually been following some of this online courses mainly MITx but yet to register for anyone yet. Do u know whether certificates are awarded on completion of the courses? That's probably what can make me have an interest.

Its unlikely they would offer certification for free courses offered to the public but I'm not entirely sure they won't have that as an option in the future.
Certification And Training Adverts / Re: Stanford Is Offering Free Online Computer Sciences Courses by bestofthisyear(m): 6:32am On Aug 22, 2012
I'm not the one offering the course, Stanford University is online. I don't believe there will be too many hurdles taking the course. You won't gain any certification from the courses, but its a good thing to have as far as background knowledge and couldn't hurt listing it for other programs
Certification And Training Adverts / Stanford Is Offering Free Online Computer Sciences Courses by bestofthisyear(m): 4:17am On Aug 18, 2012
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Business / 80% Of Businesses Pay Bribes To Govt Officials by bestofthisyear(m): 5:36am On Aug 14, 2012
The World Bank has said about 80 per cent of businesses in Nigeria bribe government officials.
In its 2011 investment assessment of Nigeria, the global bank said: “One-third of micro-enterprises reported that informal payments/gifts to government officials were commonplace, suggesting that registered firms confront more requests for such bribes.” It added: “Only 20 per cent of microenterprise firms reported having advance knowledge of the amount of the payment required to ‘get things done’.” 
Such uncertainty, the report stated,  “adds to the challenge posed by informal payments, since the amount to be set aside cannot even be planned for. Informal payments/gifts represented approximately 1.2 per cent of annual sales for all micro-enterprises”.
It stated that “micro-enterprises dealing in government contracts are expected to pay approximately 4.3 per cent of the contract value in order to secure it. The bribes required to obtain contracts appear much smaller for services (3.9 per cent) than for manufactured goods (6.7 per cent),” the report said.
However,“formal sector firms pay more for corruption: 47 per cent of formal firms claimed that informal gifts/payments were commonplace, compared to 33 per cent of microenterprises.
The report added that micro-enterprises have a greater mistrust of institutions than formal firms. Indeed, 63 per cent of formal sector firms reported that the application of laws was not consistent and predictable, compared to 72 per cent of microenterprises, it said. 
In addition, 41 per cent of formal firms reported that they had advanced knowledge of informal payments/gifts, compared to 20 per cent of microenterprises. 
As for the costs,informal payments/gifts represented 3.2 per cent of annual sales and the cost of securing a government contract reached approximately 8.4 per cent of its total value for formal firms; these proportions were much lower, 1.2 per cent and 4.3 per  cent, for microenterprises.
The report studied business activities and investments in 26 states, namely: Adamawa, Akwa Ibom, Bayelsa, Benue, Borno, Delta and  Ebonyi. 
Others are Edo, Ekiti, Gombe, Imo, Jigawa, Katsina, Kebbi, Kogi, Kwara, Nasarawa, Niger, Ondo, Osun, Oyo, Plateau, Rivers, Taraba, Yobe and Zamfara.
Sports / Michael Blackson's Thoughts On Team U.S.A. Vs Nigeria by bestofthisyear(m): 4:04pm On Aug 11, 2012
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Literature / Re: The Law Of Least Effort (good Read) by bestofthisyear(m): 3:26am On Aug 04, 2012
I don't agree with what he calls a miracle. A miracle is indeed that a miracle but aside from that he has some good points
Literature / The Law Of Least Effort (good Read) by bestofthisyear(m): 3:21am On Aug 04, 2012
The fourth spiritual law of success is the Law of Least Effort. This law is based on the fact that nature's intelligence functions with effortless ease and abandoned carefreeness. This is the principle of least action, of no resistance. This is, therefore, the principle of harmony and love. When we learn this lesson from nature, we easily fulfill our desires..

If you observe nature at work, you will see that least effort is expended. Grass doesn't try to grow, it just grows. Fish don't try to swim, they just swim. Flowers don't try to bloom, they bloom. Birds don't try to fly, they fly. This is their intrinsic nature. The earth doesn't try to spin on its own axis; it is the nature of the earth to spin with dizzying speed and to hurtle through space. It is the nature of babies to be in bliss. It is the nature of the sun to shine. It is the nature of the stars to glitter and sparkle. And it is human nature to make our dreams manifest into physical form, easily and effortlessly..

In Vedic Science, the age-old philosophy of India, this principle is known as the principle of economy of effort, or "do less and accomplish more." Ultimately you come to the state where you do nothing and accomplish everything. This means that there is just a faint idea, and then the manifestation of the idea comes about effortlessly. What is commonly called a "miracle" is actually an expression of the Law of Least Effort..

Nature's intelligence functions effortlessly, frictionlessly, spontaneously. It is non-linear; it is intuitive, holistic, and nourishing. And when you are in harmony with nature, when you are established in the knowledge of your true Self, you can make use of the Law of Least Effort..





Least effort is expended when your actions are motivated by love, because nature is held together by the energy of love. When you seek power and control over other people, you waste energy. When you seek money or power for the sake of the ego, you spend energy chasing the illusion of happiness instead of enjoying happiness in the moment. When you seek money for personal gain only, you cut off the flow of energy to yourself, and interfere with the expression of nature's intelligence. But when your actions are motivated by love, there is no waste of energy. When your actions are motivated by love, your energy multiplies and accumulates -- and the surplus energy you gather and enjoy can be channeled to create anything that you want, including unlimited wealth..

You can think of your physical body as a device for controlling energy: it can generate, store, and expend energy. If you know how to generate, store, and expend energy in an efficient way, then you can create any amount of wealth. Attention to the ego consumes the greatest amount of energy. When your internal reference point is the ego, when you seek power and control over other people or seek approval from others, you spend energy in a wasteful way..

When that energy is freed up, it can be rechanneled and used to create anything that you want. When your internal reference point is your spirit, when you are immune to criticism and unfearful of any challenge, you can harness the power of love, and use energy creatively for the experience of affluence and evolution..

In The Art of Dreaming, Don Juan tells Carlos Castaneda, ". . . most of our energy goes into upholding our importance.... If we were capable of losing some of that importance, two extraordinary things would happen to us. One, we would free our energy from trying to maintain the illusory idea of our grandeur; and two, we would provide ourselves with enough energy to ... catch a glimpse of the actual grandeur of the universe."..

Acceptance

There are three components to the Law of Least Effort -- three things you can do to put this principle of "do less and accomplish more" into action. The first component is acceptance. Acceptance simply means that you make a commitment: "Today I will accept people, situations, circumstances, and events as they occur." This means I will know that this moment is as it should be, because the whole universe is as it should be. This moment -- the one you're experiencing right now -- is the culmination of all the moments you have experienced in the past. This moment is as it is because the entire universe is as it is..

When you struggle against this moment, you're actually struggling against the entire universe. Instead, you can make the decision that today you will not struggle against the whole universe by struggling against this moment. This means that your acceptance of this moment is total and complete. You accept things as they are, not as you wish they were in this moment. This is important to understand. You can wish for things in the future to be different, but in this moment you have to accept things as they are..

When you feel frustrated or upset by a person or a situation, remember that you are not reacting to the person or the situation, but to your feelings about the person or the situation. These are your feelings, and your feelings are not someone else's fault. When you recognize and understand this completely, you are ready to take responsibility for how you feel and to change it. And if you can accept things as they are, you are ready to take responsibility for your situation and for all the events you see as problems..

Responsibility

This leads us to the second component of the Law of Least Effort: responsibility. What does responsibility mean? Responsibility means not blaming anyone or anything for your situation, including yourself. Having accepted this circumstance, this event, this problem, responsibility then means the ability to have a creative response to the situation as it is now. All problems contain the seeds of opportunity, and this awareness allows you to take the moment and transform it to a better situation or thing..

Once you do this, every so-called upsetting situation will become an opportunity for the creation of something new and beautiful, and every so-called tormentor or tyrant will become your teacher. Reality is an interpretation. And if you choose to interpret reality in this way, you will have many teachers around you, and many opportunities to evolve..

Whenever confronted by a tyrant, tormentor, teacher, friend, or foe (they all mean the same thing) remind yourself, "This moment is as it should be." Whatever relationships you have attracted in your life at this moment are precisely the ones you need in your life at this moment. There is a hidden meaning behind all events, and this hidden meaning is serving your own evolution..

Defenselessness

The third component of the Law of Least Effort is defenselessness, which means that your awareness is established in defenselessness, and you have relinquished the need to convince or persuade others of your point of view. If you observe people around you, you'll see that they spend ninety-nine percent of their time defending their points of view. If you just relinquish the need to defend your point of view, you will in that relinquishment, gain access to enormous amounts of energy that have been previously wasted..

When you become defensive, blame others, and do not accept and surrender to the moment, your life meets resistance. Any time you encounter resistance, recognize that if you force the situation, the resistance will only increase. You don't want to stand rigid like a tall oak that cracks and collapses in the storm. Instead, you want to be flexible, like a reed that bends with the storm and survives..

Completely desist from defending your point of view. When you have no point to defend, you do not allow the birth of an argument. If you do this consistently -- if you stop fighting and resisting -- you will fully experience the present, which is a gift. Someone once told me, "The past is history, the future is a mystery, and this moment is a gift. That is why this moment is called 'the present'."...

If you embrace the present and become one with it, and merge with it, you will experience a fire, a glow, a sparkle of ecstasy throbbing in every living sentient being. As you begin to experience this exultation of spirit in everything that is alive, as you become intimate with it, joy will be born within you, and you will drop the terrible burdens and encumbrances of defensiveness, resentment, and hurtfulness. Only then will you become lighthearted, carefree, joyous, and free..

In this joyful, simple freedom, you will know without any doubt in your heart that what you want is available to you whenever you want it, because your want will be from the level of happiness, not from the level of anxiety or fear. You do not need to justify; simply declare your intent to yourself, and you will experience fulfillment, delight, joy, freedom, and autonomy in every moment of your life..

Make a commitment to follow the path of no resistance. This is the path through which nature's intelligence unfolds spontaneously, without friction or effort. When you have the exquisite combination of acceptance, responsibility, and defenselessness, you will experience life flowing with effortless ease..

When you remain open to all points of view -- not rigidly attached to only one -- your dreams and desires will flow with nature's desires. Then you can release your intentions, without attachment, and just wait for the appropriate season for your desires to blossom into reality. You can be sure that when the season is right, your desires will manifest. This is the Law of Least Effort..

1 Like

Politics / Re: Okonjo-Iweala To Senators: Focus On Project Implementation Not Cash by bestofthisyear(m): 6:40pm On Aug 03, 2012
Kobojunkie: [size=13pt]Why is it that the question is always about cash disbursements? [/size]

Answer:The Nigerian people want to know how much has been spent, so they can better guage how much RESULTS they should also EXPECT to SEE.

[size=13pt]Why not focus on the actual projects and their respective status like Mr President is doing?[/size]

Interesting that you ask this. Currently, the Nigerian still have NO DIRECT plug in to what projects are already being worked on and the status reports on each one of them. This information does not seem easily accessible via the many websites, agency offices maintained by the Government, or any of the other sources and so, it is sensible for us to at least ask how much money has been spent so, again, we can get a good idea of how much to expect at this point.


[size=13pt]Does disbursement of funds translate to execution? You'd think the noisemakers would have thought about this! [/size]
We like to believe it is so. However, disbursement remains the easiest way for us to get, again, from a monetary stand point, of how much has been spent and the worth of the progress to look out for.


Dellusional denial that perpetuates foolish behavior. Disbursement of 700 billion naira to a constituency where not one naira was used for its intended purpose does what? This is not a made up scenario, its well known transgression of a senator. Disgusting.
Sports / Re: Nigeria Vs USA: Olympics Basketball (73 - 156) On 2nd August 2012 by bestofthisyear(m): 11:55pm On Aug 02, 2012
shymmex: Great game!!

Nigeria played well!! grin grin

You obviously don't watch much basketball shocked
Sports / Re: Nigeria Vs USA: Olympics Basketball (73 - 156) On 2nd August 2012 by bestofthisyear(m): 11:53pm On Aug 02, 2012
Officially got smoked like a pack of newports and a cohiba
Sports / Re: Nigeria Vs USA: Olympics Basketball (73 - 156) On 2nd August 2012 by bestofthisyear(m): 11:03pm On Aug 02, 2012
Getting smoked like a cohiba
Politics / Re: Igwe Of Ukpo(anambra) Kidnapped by bestofthisyear(m): 3:38pm On Jul 31, 2012
Sun of god: Information reaching 247ureports.com from sources in Anambra indicate that the traditional ruler of Ukpo, Dunukofia LGA in Anambra state, Igwe Robert Eze , was kidnapped on Sunday at noon. The Police Public Relations Officer [PPRO], Mr. Chukwuemeka confirmed the incident.

Mr Chukwuemeka also noted that the Police in Anambra are presently being debriefed on the issue. “No contacts have been made with the kidnappers“, he said while promising that the police will get to culprits sooner than later.

As gathered, the Igwe was kidnapped after he returned from Sunday Church Service. Eyewitness reports indicate that the kidnappers arrived the home of the Igwe firing sporadic shots into the air. The nearby residents were reported to have scattered for their safety – as the kidnappers made away with the Igwe.

stay tuned


http://247ureports.com/igwe-of-ukpo-kidnapped/





Debriefed? Who's to say they aren't involved? Peter Obi is useless! Security has been a joke during his entire tenure. Wouldn't be surprised if he's the ringleader.
Car Talk / Re: One In 10 Lagos Drivers Have Valid Driver's Licence by bestofthisyear(m): 5:30am On Jul 18, 2012
My question is what does it really matter? Correct me if I'm wrong but isn't the only difference between a licensed driver and unlicensed driver N6,000 and filling a form? There is no incentive to be licensed. If they get caught N500 and be on your way shikena.
Romance / Re: Relationship Mistakes You Made. by bestofthisyear(m): 3:56am On Jul 12, 2012
ATMC: Couldn't bring myself to tell him dt i loved him nd dt he's got d quality i wanted in a man...he's married now.i've moved on. Now, when i love, i tell.

If I may ask, why didn't you say anything? Pride?
Autos / Re: I Have 150k And I Need A Car Badly by bestofthisyear(m): 3:50am On Jul 12, 2012
I have a brand new mercedes 419 with an amg kit, bose sound system on 20" rims and toyo tires if interested! Send me a deposit and I'll send you pics
Business / Re: Nigeria To Get 6 New Refineries In The Next Two And A Half Years by bestofthisyear(m): 5:37am On Jul 09, 2012
Story
Politics / Re: Say Something Positive About Nigeria by bestofthisyear(m): 9:04am On Jul 02, 2012
Beautiful and unique culture


<iframe width="420" height="315" src="http://www.youtube.com/embed/T2TK_Kgx8t4" frameborder="0" allowfullscreen></iframe>
Politics / Re: Nigeria Ranked 14th Failed State In The World by bestofthisyear(m): 6:48am On Jul 02, 2012
2good:

How can you boast of 12,000 jobs in 6 months in a country of about 160 million people where unemployment and underemployment rate is very high? Also what is minimum wage in Nigeria? Is most government job not equivalent to underemployment itself except you get a political job? How do you feel when you are told that 1 senator's salary can pay the salary of over 1000 government workers? Also how can an economy work when there is no power, corruption is at its peak, the law enforcement agencies are not ethical in their approach to their jobs etc. A normal business man will prefer to go to China to produce their goods and import them to Nigeria because the Chinese have better comparative cost advantage over Nigeria even after factoring the cost of to and fro transportation, tax and excise duties you'll pay on your products.
Also, I noticed that many of us living a good life mistake our good state as a reflection of the entire country. Most of us are the tiny fraction of the population living in the middle class and above and so our status is not a true reflection of the general populace. The common man is suffering in Nigeria and they constitute more than 70% of the population. We practically have no working government in Nigeria.


Well said
Health / Re: Nigeria's Life Expectancy At 47 Years Lowest In West Africa by bestofthisyear(m): 4:15pm On Jun 30, 2012
No surprise
Romance / Re: Needs A Girlfriend But Not Yet Financially Bouyant by bestofthisyear(m): 7:46am On Jun 29, 2012
I beg no try am
Romance / Re: Handsomeness Is Useless In Nowadays Romance by bestofthisyear(m): 7:37am On Jun 29, 2012
Hilarious
Politics / Do We Need An Independent Governing Council? by bestofthisyear(m): 7:22am On Jun 29, 2012
I've always heard stories about my grandfather and how he was a well respected elder in the village and many people brought their disputes to him to decide the outcome because he was known to tell it like it is and not take sides for any reason or sentiment.
With the level of corruption that we see in the justice system now, I don't think there are too many people who have faith in any of rulings passed by courts these days.
So I ask, how plausible is it to have an independent governing board, made up of well respected men/women whose reputation precedes them from different regions of Nigeria (Chinua Achebe-East, Wole Soyinka-West etc.) to credibly handle final decisions on strictly "special interest" and controversial matters that affect the majority in Nigeria like the fuel subsidy controversy and other like matters?
They would not have any direct influence in legislation ie. passing laws and such but when it comes to matters that affect the majority of the population we would turn to them to have a heavy influence on the direction the country goes in particular matters.

Your thoughts?
Romance / Re: After Romantic Weekends: How Much Should Girls Get? by bestofthisyear(m): 2:49am On Jun 26, 2012
Sad that over 80% of relationships are financially motivated

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