₦airaland Forum

deathwing:
Will the price of the share change when the PO is released?

googi:
Whatever the case, there is no dispute here that Nnaji is a very brilliant professional, comfortable in this Power production field.

But so are many Nigerians abroad that would not steal a dime in order to prove their competency. These same Nigerians become looters or award contracts to themselves which they would not do anywhere else. This is how Nigeria has been going down!

How can we justify competence and fraud without encouraging more fraud you are trying to excuse just because foreigners do it to us?

This was how Nigeria Airways fell apart when Nigerians awarding the contract to British partner demanded kickback higher or more than their British partner? Nnaji had the expertise but wanted both the contract and the job which he would not dare anywhere else.

It boils down to: if our African professors that left their comfort abroad to come and teach at home wanted the same, African countries would still be without African professionals.

If our Independence Activists remained abroad, where would we be today? Their children may be something else like Nepo kids but these Professors and Activists gave us a good start.

Your solution of competency despite fraud is our problem today. Jonathan had no choice but to let him go. He cannot do the same thing he tried under Jonathan in Abia. His success there is more patriotic.

unite4real:
Thos of una wey dey pursue champion. The Q1 EPS is not 59 kobo but 5.9 kobo. them don make mistake for the income statement

keemsleek:
You getting the whole issue. How can u sack one of the best brain you had cos of pressure from pdp cos those that wanted the disco were powerful people I don't need mention them. No politicians thay doesn't have instrest in deals. One of the places Jonathan displaced his weakness and has for him he didn't play his card well and he was eaten by the corrupt bigger fish.

keemsleek:
To settle the dispute here what I found out.


Former President Goodluck Jonathan did not publicly “sack” Barth Nnaji in the usual sense — he resigned, but under strong pressure. Here’s what really happened:
🔑 Main reason: Conflict of interest
Nnaji was accused of having links to companies bidding to buy power assets during the privatization of PHCN (Nigeria’s power sector reform). �
Channels Television +1
Specifically, companies connected to him were involved in bids for Afam Generation Company and Enugu Distribution Company. �
Channels Television
This created a serious conflict of interest, since he was the minister supervising the same privatization process.
⚠️ Presidency reaction
Jonathan reportedly confronted him over this issue and felt it violated his oath of office. �
Daily Post
There were also allegations he was fronting or indirectly benefiting from the deals, which worsened the situation. �
Kemi Filani
🏛️ Political pressure
The ruling party (PDP at the time) also pushed for his removal, citing irregularities and concerns in the privatization process. �
Information Nigeria
🤝 What followed
Facing all this, Nnaji resigned on August 28, 2012, and Jonathan immediately accepted it. �
Wikipedia
The move was meant to protect the credibility of the power sector reforms.
🧠 In simple terms:
He wasn’t removed because of poor performance —
👉 It was mainly about conflict of interest during the power sector privatization.
I

josite:
Is this not unpatriotic guy who left the power ministry because he want s to bid for government power contracts ?

Jangbajantis:
“Simple” and “iron cast” don’t make it true.
Your whole argument assumes an open strait under threats and coercion is the same as an open strait under deterrence and reduced leverage. And I'm saying it isn’t.

So yes, ships passing before and after can look the same on the surface, while the strategic reality is completely different.

And the “Western lens” line is tired. Some of us can criticise both the US and Iran. But in the case of Iran, some people suddenly become blind to intimidation, hostage politics, and years of using the strait as leverage. That selective outrage is the real bias.

Mpeace:
I think access will pay dividend, like 10kobo or something in that region.

Kemetian:
WHEN STARVATION, FAMINE, AND HYPERINFLATION CAUSED BY FOOD SHORTAGES OWING TO LACK OF FERTILISERS AND AGRIC CHEMICALS, PLEASE DO NOT BLAME TINUBU.

KarlTom:
Cash [indeed] is king

After price stabilizes, I'll get as much as +20% of my previous holding

Itzlinda:
Congratulations.

Mine still never filled. I don vex cancel sef

megawealth01:
...................
.............
Just imagine they remove the 10% thing... By now Tony for don hold 20 conference meetings and 100 press briefs and 17 board meetings this weekend into today Monday

PETERiCHY:
So because of bad results and zero dividend Emma have quickly denied UBA

Would it being they declared #10 dividend
We hear things like

"I started buying UBA since 1909 when it was trading at 5kobo.."

"Nothing beats long term investment."

"The dividend I got from UBA is more than the capital I invested"

" UBA is 30% of my portfolio"

" I will be reinvesting all my UBA dividend including the ones I inherited from my grand mother back to UBA "

Abeg make una dey fear God small



BARGAIN HUNTERS TAKE NOTE!

emmanuelewumi:
Might also have to sell my UBA shares I am not certain about what to expect after the stress test.

Tony's companies should be highly exposed to the bank

SonofElElyonRet:
The aim is to take Abia off the national grid and constant electricity... Work in progress..

SonofElElyonRet:
@Agbalowomeri don meet pessimist wey pass am

megawealth01:
Testing the microphone 🎤

GeeKudi:
You posted a link debunking the false alarm and yet, you still decide to see smoke without fire. The lack of trust in anything government by nigerians is at a level not seeing anywhere in the world.

fredoooooo:
Preach true humanity , Gospel will preach itself

lasisi:
@EDUECO no mind pa Emmanuel. You will laugh last.

emmanuelewumi:
For Team Access

Mankind2024:
LAGOS STATE SOLAR ENERGY REGULATORY COMMISSION is loading 😎 😎😎😎😎😎😎🤓🤓LAGSEREC

Mankind2024:
@Ppogba, the government appears to be testing the citizens with this solar permit. There is a strong possibility that it is being piloted within Lagos State–owned estates. It may only be a matter of time before it becomes a legislative issue and a formal solar permit requirement is introduced for all homes seeking solar installations in the state.
Remember, you now need a permit before you can drill a borehole in Lagos State. It started as a rumor, but today it is an offense to dig a borehole in Lagos without a permit.

ppogba:
Someone as enlightened as you are should also have heard that the solar panel tax is to be imposed on residents in Lagos Government owned housing estates and not state wide. It only makes common sense that if one is affected, all you need do is simply pack out. It is always unfortunate when people that are presumed to be knowledgeable join the bandwagon of misinformation.

BabsO2:
Maradona JIJO swap dance

Sunrisepebble:
I sell when I think they have peaked but I don’t buy because they’re rising

BabsO2:
Okay momentum seller. Value buyer.

mikeapollo:
Julius Berger was established in Nigeria in 1965, beginning with the construction of Eko Bridge in Lagos.
They also built other major infrastructure, like the 3rd Mainland Bridge, Tin Can Island Port, Ajaokuta Steel Plant, the Aso Rock Villa etc.
That is the company some people are comparing with Hitech!
God have mercy!

presiade:
Exactly. They once prayed to the likes of Babangida.

presiade:
The same favor that Hitech is benefiting now was what Julius Berger benefited from in the 80s and 90s which makes you think they’re a civil engineering giant. Is it right? No, but What's sauce for the goose is sauce for the gander!