₦airaland Forum

SpaceX:
We are humans there is always going to be match fixing

It's as old as the game itself.

https://en.wikipedia.org/wiki/Match_fixing_in_English_football

Marriage doesn't keep men tied to one woman. Loyalty and being a decent man does that all by itself. Nor is marriage bondage, since you can walk out anytime or go cheat.

If you are happy being single, then be single, and wait till you mature enough to know what marriage is instead of listening to immature people who don't have a clue what marriage can be.

Seriously, I feel for this yet to be married generation, because you sure have been misinformed!

ayoncox:
Anyone that has stolen money from Nigeria or any part of the world can bring it to those places.

So, you want to turn Nigeria into the Federal Republic of Thieves?

It's crazy indeed, since we already thief too much as it us. It's like drinking more sniper as a cure for the sniper already drunk.

Jakarta:
A business man with your mindset will not succeed in business. See you shouting stealing, when all your comments was about stealing from your customers. What make you think only you can steal from customers and not vice versa? For every action there is a reaction. If as a DisCo you can't meet up your primary responsibility of distributing power to my house (service delivered) my handling that responsibility for you should result to some form of compensation from you. But if you think that you are smarter and want to make profits at my own detriment, then 2 can play the game it as simple as that. I recommend you don't run a business with this your mindset, because you will end up crumbling that business and receive serious beating from your customers. A farmer who planted Okra and expecting to harvest a Dangote trailer of yam, will almost end up not getting even a a cup of Okra.

More than two is playing this game is the point.

Discos are thieves. They are robbing you when they make you pay for transformers and meter and poles and send you estimated bills, get that in your head.

You are a thief too. You are stealing when you connect wire and steal electricity, get that in your head too. And be patient, because it's not the accusation you think it is because your stealing is very small and insignificant.

You must have read the link I posted that government owes discos ₦4.4T. Basically government is stealing from discos so discos are stealing from you who elected that government by making you pay for poles and transformer and your meter, which is theft.

If government paid discos, that same government will be in a position to protect you from disco stealing from you. But we elect thieves. And those thieves can not hold the discos accountable. And the discos have no incentive to provide us with light they know we will steal. And to reduce their loss due to theft, they steal from you by making you pay for their infrastructure up front because they can.

The consequence of all this theft and stealing is of course darkness. Because, no matter how much you steal, you can't have light when there isn't any to steal. And to be sincere with you, that's the greatest theft, and from you not having light. Because you not having light is a theft of your potential and all you could have done if you did have light.

Solution? Elect government that pays its electric bill so they can stop discos from stealing from you so you don't use disco theft as an excuse for being a thief. Because disco is obviously recuperating its investment and profit and loss due to theft from somewhere, and it's by stealing from you by making you pay for poles and transformer and meter and by increasing the payment of those who pay their bill, or the discos wouldn't be in business anymore. It really is that simple. Funny thing is, for government to pay its bill, it must steal from you in the form of tax. But I guess that's nation building for you. Someone must steal from someone.

Now, this all is not about you personally stealing, because I do understand why you would steal. I steal too because my disco is so useless that it has to steal from me to mitigate its losses due to its incompetence of not having government pay their bill. I have an old meter in one of my homes that I can wind back so it reads less, and I make sure it is read every month when I'm home so I can get a bill.

What the South Africa disco have done is basically tell the Nigeria High Commission to not steal their electricity and just pay their bill or be in darkness. And I hope we learn from them one day because our theft has consequences and darkness is not cheap.

As for my business, I don't do theft business that discos do, and neither does Dangote. We deliver our service and we get paid. And that pay covers investment and refinery building and expenses of getting my gari to market and a decent profit on top, because that is what good business is. And we don't let thieves steal from us neither, and even hedge for loss due to those who might steal from us, because I am definitely not going to let my business get ruined due to theft like the discos are not letting theirs.

Jakarta:
At the bolded, can you please help me ask Disco? No you shouldn't have finished the building, you should have waited for your customers to finish building it for you, and sticking it with garri so that you can sell same garri to them and still make profit.

Can you now settle down and read what you wrote gently? Isn't this what I've been saying all this while? Provide the electric poles, transformers, wires, meters, then transfer the cost to your customers as service rendered. Not expecting customers to provide all this and still expecting to charge them on it, that is stealing not business. Why this thing hard for you to understand?

No, Jakarta, that is not what you have been saying all along, and electric is different to mast.

Disco can not ask you to pay for a service they can not sell you. Like say no transformer or electric pole in your street, they can not just come bring you bill.

Unfortunately, Nigeria is wọwọ like that, so they can tell you to pay for pole to your house, and even transformer on your street, because of people like you who just steal the electric. That's how bird disco flies when you are stealing, and how they make you pay for your theft. Or did you think your theft was free and your theft had no consequences?

Jakarta:
Until then, but stop crying foul till then lol!!

Jakarta, I am not crying foul. And even if I was, it's definitely not because of the little light of my gari you steal when some, like government, are stealing trailer loads.

MrPOTUS:
Lol

Very true.

My own now, I bought about 200 units around that Christmas period last year and light was steady. But January light was crappy and very unstable.

Na the units I still dey use and it's still over 120 units.

But if it was post paid (estimated bill), I for pay for December, still pay for January darkness

Mr nairalanda1 just dey cap like say no be Nigeria we dey

I must come and remove that your prepaid meter, because it's making it impossible for me to rob you with estimated bill. But I won't because you at least pay, and because you are honest with me so I must deal fair with you.

Jakarta, on the other hand, thinks he's smart, and is "by passing and installing transformer, electric poles and wires", so he can steal my light, because some in his "area still do wire hanging till date" and he thinks I will never catch him.

One day go be one day, Jakarta. You wait and see.

Jakarta:
Lol Na meter by passing go use head carryam, after all Na my meter I bought it, installed transformer, electric poles and wires, so free light ba sure. Some in my area still do wire hanging till date.

Until I catch you stealing my product of course, and charge you to court for theft, and slap you with estimated bill covering the period you were stealing it plus interest.

Like I said, the better hunter you become the better I will learn to fly.

Jakarta:
Ogbeni you go hard to teach oh!!! You don't make a dime without delivering the service, MTN first erected the mast after which they transferred the cost to the paying customers. Why didn't MTN ask same customer to erect the mast themselves and still charge them for the cost of erection, in such a scenario if you were a customer will you agree?

Why will customers pay for erecting the mast? Na me and customer de form company to do business for profit?

Jakarta, of course I don't make a dime without delivering the service! Dangote did not make a dime until he completed his refinery, and I will not make a dime until I get my gari to market and in front of customers. But as soon as I finish building my refinery and get my gari to market in front of customer, I sure will charge customer all the cost of interest on the loan for building my gari refinery and erecting mast to deliver it to my customers who will pay over time or just go buy their gari elsewhere!

Trust me. I am very hard to be taught this your nonsense reasoning. In fact, it's impossible!

Jakarta:
But they are crying foul, and complaining already.

Who is crying foul? Disco?

Trust me when I tell you it's for show, because I am very certain they are making you cry more by increasing your band tariff.

Or are they not increasing your band tariff and your crying?

Goodmarlian:
I am tired of the level of moral decadence in the world at the moment the fear of hell has declined ....

Well, there's only so long you can use the fear of an imaginary hell to control people. Because once our eyes open to the realisation that even your God is imaginary, all your controlling power disappears.

Welcome to the 21^st century. I won't say the next bit because it will be unkind.

You have just described how possible it is for two cars to have the same VIN.

It's as easy as two cars having the same registration number. You just need to find a crook to copy and make one.

Jakarta:
Then don't cry foul when people try to collect your garri for free. So no talk of not paying cost reflective tariffs and all that. You can't plant okra, and want to harvest yam.

Cry foul, why? Cry go make me profit?

You must have you not heard of the bird that learnt to fly without perching because the hunter has learnt to shoot without missing.

When people try to collect my gari without paying, I will go to babalwo to get juju and will hire security guard to stop them! Make dem try am!

Jakarta:
every business goal is to secure their capital and make profits, that comes after service delivery.

Wrong! I made my business plan that showed my profit way before I invest a kobo, and that's why I got the loan to open disco.

Bank will not lend me money if my business plan did not show I will make that profit, and without the loan, no disco and no service to deliver!

Jakarta:
A DisCo will only make profit when it performs it's duty of service delivery (distributing power to our homes), a happy customer will always return and buy more.

I think you forget that I have a monopoly on you. Or can you go and buy electricity from another disco?

Yes, though, I should supply you with what I sell so I can charge you for it, because I can not exactly charge you for gari you never bought since I'm not a highway robber!

Jakarta:
MTN will not transfer the duty of erecting and maintaining a network mast because customer some customers borrowed data and airtime and refuse to pay, rather they will transfer the service cost to paying customers, but first provide the service to those paying customers this shouldn't be too hard to understand.

You see the bold? That's exactly what we are trying to tell you.

MTN will indeed transfer the duty cost of erecting and maintaining a network mast to provide you the service as best they can so paying customers can buy it and pay and cover the cost I incur including that of "some customers who borrowed data and airtime and refused to pay".

Or do you seriously think NTN will pay for those customers who borrowed data and airtime and refused to pay?

Jakarta, will you cover the cost of those who refuse to pay you if you be MTN?

MrPOTUS:
Why can't they distribute or sell prepaid meters to everyone so everybody will pay reflective bills?

You think they don't prefer people using estimated bill where they perfectly sell their darkness

I think you are beginning to understand small small.

Even when I sell you gari, I don't weigh the gari with scales and only show you the top of my tin so you can not see that I have stuffed the inside with paper, so why do you think I will not be a crook when I sell you electricity? Is it perhaps because you think I want to go to heaven?

Selling you meter will reduce my profit because you will only then pay for what you use and it will be harder for me to rob you with my estimated bills. That profit is my heaven on this earth. I will negotiate hell with God or satan when I die!

Jakarta:
What is the primary duty of a DisCo?

The primary duty of a DisCo and gari selling me is to make a profit! It is definitely not so you have light or don't starve!

nairalanda1:
You are essentially arguing for the right to free power.

Nothing is free

And my gari for free too, if you can believe him!

Jakarta:
Yes you can do all this no qualms, but should the paying customers bear the responsibility of building your garri shop, buying the basins and others things to sell your garri for you, even after increasing the cost of your garri? If yes, then that is not a business, but an extortion scheme and it is doomed to fail because those paying customers will soon find a way to exploit you too, ....

Jakarta, with no insult intended, I strongly advice you don't go into, business it very much sounds to me like your intention would nit be to secure your capital and earn an income, but to do charity!

I mean, who else do you expect to "bear the responsibility of building your garri shop, buying the basins and others things to sell your garri for you" if not customers?

As for me, when thieves enter my shop and steal everything, I will increase the cost of my gari to extort you customer to cover my loss. If you no want buy, please go elsewhere!

Jakarta:
A DisCo core responsibility is distributing power to our homes,

Dude, you are very wrong! A discos core responsibility (and mine for selling gari) is to earn a profit from distributing electricity (and my gari) to cover all my costs and earn a decent profit so I can pay my investors.

Jakarta:
Talking about cost reflective tariffs, Band A users are already paying way over cost reflective tariffs, yet they don't have power, and still perform the duties of DisCos.

It is you who think you "already paying way over cost reflective tariffs". Disco gari selling me don't give a flying fük about your tariffs or even if you have electricity or eat gari in Band Z. All I care about is my profit. And if you can not pay for my gari in the tariff that profits me, please feel free to remain in the dark, because I definitely did not wake up very early this morning so you can have light to eat my gari in your band!

IjeBos:
They won't.
Case in point Raumdeuter. He prefers to pretend she wasn't one of the main boosters of MAGA and is still a Republican.

Raumdeuter is a special sort of maga, and MTG can not save them all from themselves.

Be hopeful. We only need a majority.

Some idiots come to steal my cocoa on my farm. So I killed chicken, ate it of course, and dipped the feathers and bones in oil and tied it to my cocoa trees. No one stole my cocoa after that.

It's your land. Be wise!

Sorry dude, but I'm far too busy outsmarting you with my brain to care much about your libido.

We got kids to train to survive this harsh world, so forgive me for prioritising elsewhere.

If you want, I can give you small change to go service your libido at the local olosho down the road. Just know that afterwards, your libido will forever not be my concern.

IjeBos:
Why does it take Republicans leaving office to "get it" or start telling the truth?
Seems like grifting and cowardice to me.

https://thehill.com/homenews/administration/5718355-marjorie-taylor-greene-trump-maga-lie/

Good thing is, many maga listened to her when she was part of those lying to them, and they'd hopefully listen to her now she's outing as a rino.

I'm not betting the house they would though, note.

anonimi:
Is that how you give your goods and services to people who don’t pay you, instead of using every possible means to get them to pay you

How does giving people goods and services without paying help to progress as a society?

Jakarta, see the anonimi that I'm currently thinking of fighting agrees with me on this!

Jakarta:
Going by your logic since people borrow airtime without bothering to pay back, should telecom companies see that as an excuse for other paying customers to suffer the consequences of bad debts?

Actually, this your logic is exactly what any business will do, unless they don't want to remain in business!

If I sell you gari and you don't pay, I will definitely increase my price of my gari I sell to others to recoup my loss so I can have enough money to go buy more gari to sell. Because, if I don't, my days as a gari seller will soon end, and because my gari selling is not a charity!

I will even make my paying customers pay for the gari I lost through theft, and that lost through my own incompetence too, and to pay the exorbitant interest I took to buy the gari in the first place, and all the money I paid bandits in police uniform when I was transporting it.

Someone has to pay for you stealing my gari and not paying, and for my loss and for my profit on top, and there is no reason it must be me. And na business!

Please let me know if you will not do the same.

ThiefnubuBandit:
A blind man trying to lead another blind man. OP created a thread to educate people but some say na dem know Biology pass others. Tufiakwa!

Have you been educated to drink snake in a bottle drink by the op?

How's that learning doing you?

anonimi:
No be so 200 million Nigerians allow APC and Tinubu to scam us into buying their extreme poverty shege that was fraudulently sold as positive change

So you know you allowed them? Were you sleeping?

Now listen to yourself crying after waking up "to extreme poverty shege" you fraudulently bought as "positive change".

Hopefully, you will learn not to be asleep next time!

anonimi:
If it happens in the same way and to the same extent as in Nigeria, then why are you not here with us, enjoying the warmth of our country and its people

First, who told you the "warmth of our country" and your supposed warmth of you "its people" is what I enjoy?

In fact, what warmth do you, anonimi, who can't converse without insults and rudenes, have for anyone?

And why should I leave the comfort of where I live and work and enjoy my life, and come and suffer with people like you who don't understand the power we have as citizens of a nation?

Can you afford my wages and the comfort it buys me where I live, or are you seriously asking me to come and suffer and wail like you do because you believe you are powerless?

It doesn't "happens in the same way and to the same extent as in Nigeria", because Nigerians like you don't know what powers you have and how to use it. And until you do, suffer! Because you are reaping the suffer you sowed, and because, seriously, I no send you!

Felicity0001:
Dis I read you talk about voting? Apart from the 2015 general elections please kindly mention any other election that the electorates' votes actually count.

I'm actually tired of hearing "votes don't count", when the truth is, you don't bother to vote.

Over 90 million Nigerians were registered to vote in the last Nigerian presidential election that Tinubu won by a mere 9 million votes while most of us sat on our asses in our homes crying that votes we never cast didn't count!

Do you expect them to come count your vote in your house?

The biggest electoral fraud in Nigeria is convincing you your vote don't count. Once you believe that your vote don't count, you definitely will not bother to vote. But rest assured I'm telling my own supporters to definitely vote, and be prepared for me to lead you however I want to after I win, because, indeed your uncast vote does not count!

Hopefully, more of us will stop reasoning like you do, and understand that our votes make us the leaders and those we elect are our servants.

jmoore:
Estimated billing doesn't exist in saner climes.

Estimated billing does exist in saner climes where I live. We can argue if its saner if you like.

nairalanda1:
In a sane country, when you owe nepa bills , they cut your lights

In Nigeria, when you owe bills, you steal the power and chase nepa officials who come to disconnect you with cutlass and gun. Of course the big men and women ignore

And then we wonder why we don't have light.

Tell me about it. Ministries, barracks, Aso Rock electric debt na im huge pass, but Nepa can not cut their light and is expected to continue selling light.

Like if na gari you buy and you no pay, gari seller go get money buy gari sell you next time.

FG begins N4tn debt settlement
https://punchng.com/fg-begins-n4tn-debt-settlement-captures-five-gencos/

The 2-year Floating Rate Note (FRN) was sold at a “spread” of 0.099%. Investors who bought them get an interest rate that resets every week. That weekly interest rate reset is based on the yield at which the most recent 13-week T-bills were sold at auction. Plus investors get a “spread” (discount margin) that is determined at auction.

Basically, you go market to buy gari and pay a discounted price. And if the price of gari drops in 13 weeks, gari seller pays you the difference. And no, you don't pay more for the gari you bought at discount if gari price rises in 13 weeks.

The widening gap between the EFFR and the 30-year yield, now at 123 basis points, shows that the Fed’s rate cuts have led to rising long-term bond yields because investors in long-term bonds are worried about future inflation. A lax Fed that cuts rates as inflation is accelerating is a worrisome signal for those investors.

And here you increase the amount of the gari you sell but the price you get paid drops!

I know. It makes a lot of sense, right?

https://wolfstreet.com/2026/01/31/us-government-sold-766-billion-of-treasuries-this-week-yield-curve-steepened-as-30-year-treasury-yield-rose-to-4-87/