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Chinchum's Posts

Nairaland Forum › Chinchum's Profile › Chinchum's Posts

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Celebrities › Re: How Yemi Alade 'Shunned' Fan When Asked To Take Pictures by chinchum(m): 3:10pm On Dec 24, 2015
The requests for groupies are typically overwhelming,especially at public places that they most times get nauseated. I can visualise how she feels.
Politics › Re: Where Are The Chibok Girls Reportedly Held Hostage In Sambisa Forest. by chinchum(m): 3:04pm On Dec 24, 2015
Possibly underground bunkers, dont forget at least 2 bunkers have been discovered by the Nigerian Army, and take note Sambisa forest is not the size of Apapa amusement park, Sambisa forest is larger in size than Lagos state, and extends from Nigeria in to cameroon and i think Niger republic. I notice that the mental block that make people say all sort of nonsense about sambisa forest is that they imagine it as some 5 hectares of land, that soldiers will swoop over and flush boko haram out
Politics › Re: NLC Rejects Electricity Tariff Hike by chinchum(m): 12:58pm On Dec 24, 2015
TechWalker007:
No you're wrong.
Presently, N3000/month gives about 156kw at N13.30/kw and N750 fixed charge and 5% vat.

With the increase, IKEDC for example will have N8 increase per kw.

This will take it to N21.30/kw.
Now devide N3000 by N21.30 and you get less than 135kw including 5% vat.
Note, some states have increase as much as N13 added by kw.

Now do the maths. It's actually more than 20% increase in many states, I was just been conservative.
No, you are not getting the point, the increase in tarriff for prepaid meter users does not necessarily mean they will now pay more, for some it might mean they will pay less now., and in some cases they will pay more. Anyone paying roughly 2,500 per month using prepaid metre in time past will still pay roughly the same with increase in tarriff , courtesy scrapping of service charges.
Politics › Re: NLC Rejects Electricity Tariff Hike by chinchum(m): 12:40pm On Dec 24, 2015
Truthhurtss:
Shut the hell up.
You made an error in your second calculation Naughty Professor. It should be 2,175 and not 2,225

You are trying to deceive Nigerians by calculating with very low monthly charges in other to favour % 45 increase over #750 fixed charge.

Only charges below #1667 monthly supply is favourable to consumers when % 45 increase is applied.

Charges above #1667 monthly supply will make #750 fixed charge favourable to consumers compared to % 45 increase. Mind you majority of Nigerians consume far above the #1667 mark.

Example: If one consumes an avg. of N2000 monthly supply i.e total will be N2750 (fixed 750), but now we pay N2900 (% 45)

@ N5000/month i.e total is N5750, but now we pay N7250.
@ N10,000 /month i.e total is N10,750, but now we pay N14,500.

Now calm down and ask yourself, does it make sense to ban importation of small generator and increase electricity tariff without improving power generation and distribution?
calm the fugk down, i didnt deny that in some cases there would be an increase, so it is you that needs to shut up. I am very certain for the average nigerian using prepaid meter, with much emphasis on the average and prepaid meter , with the current level of power supply, the cost will be in the neighbourhood of N2,000. The problem is that without prepaid meters, the officials rip off and bring estimated bills not commensurate with the power consumption. Except your definition of majority of Nigerians are those with high power consuming appliances like Air conditioners, and lots of electronics. Nigerians do not conserve power usage at homes, once they are aware charges are estimated, what this means is that some will pay little or nothing for the power they use and some others will pay way higher than the power they use. Ask anyone using prepaid meters if they have to pay as much as N10,000 at their homes, even with high usage of electrical appliances they will tell you no. An argument was canvassed by the miniser of power that what would guarantee supply of gases to some of power plants is an increase in tarriff, so that distribution coys can service their debts to gencos, that is open to debate.
Politics › Re: NLC Rejects Electricity Tariff Hike by chinchum(m): 8:20am On Dec 24, 2015
darlenese:
I support NLC
The removal of fixed charge is a scam, do ur calcation , its ,more expensive
Not in all cases, it depends on your consumption rate.
The fixed charge used to be n750/monthly, so if you use avg of n1,000 supply monthly 1.e a total of 1,750, you will now pay 1,450(45% increase over 1,000), you can see in that scenario, it is a reduction in power cost.
if ur monthly avg consumption costs is 1,500, before removal of service charge, you paid 2,250, now u will pay 2,225,i.e about the same price.

Nigerians do not like to pay for govt services, and wonder why the service is inefficient, someone who spends N1,500 daily to fuel inefficient generator surprisingly will find it difficult to pay 10,000 monthly to power distribution coys to ensure efficient services
Politics › Re: NLC Rejects Electricity Tariff Hike by chinchum(m): 8:08am On Dec 24, 2015
Sibrah:
If only they could provide us with prepaid meters and make the electricy a little bit more stable.
In my area for example, the PHCH guys are the ones blocking the distribution of Prepaid meters so they can fix the bill according to what they like. To make things worse, they do show up randomly and negotiate payment of a fraction of the doctored bill. It goes to show that the level of corruption.
This is what NLC should be fighting, but i notice NLC always treat symptoms of the problem and leave the cause, shame on them. Prepaid meters availability will solve a great chunk of the power problems, NLC should pressure the govt to phase out old meters within a stipulated deadline, Nigerians will learn to conserve what it pays for via a prepaid system.
Politics › Re: NLC Rejects Electricity Tariff Hike by chinchum(m): 8:01am On Dec 24, 2015
TechWalker007:
The removal is a deception, I did a calculation with the new tariff and without fixed charge, I realized it's about 20% increase from what it was.
It's a scam they're presenting us.
20% increase for you, it could be 20% decrease for others or more. It is not simply black or white.

The fixed charge used to be n750/monthly, so if you use avg of n1,000 supply monthly 1.e a total of 1,750, you will now pay 1,450(45% increase over 1,000), you can see in that scenario, it is a reduction in power cost.
if ur monthly avg consumption costs is 1,500, before removal of service charge, you paid 2,250, now u will pay 2,225,i.e about the same price.
Politics › Re: NLC Rejects Electricity Tariff Hike by chinchum(m): 7:42am On Dec 24, 2015
No point, they should rather fight hard to ensure prepaid meters are distributed at no cost, and the value can be recouped over the years. There are no service charges any longer on the prepaid meters.
Politics › Re: Olakunle Taiwo: 'How ‘sagay’ Interview Ruined My Honeymoon' by chinchum(m): 4:59am On Dec 24, 2015
His intelligence needs to be called to question, his defence made it worse.
For over a year, he was deceived by an impostor, haba, he is either a fool or a tool.
Politics › Re: Fayose Distributing Bags Of Rice To People In Ekiti. Photos by chinchum(m): 3:44am On Dec 24, 2015
He is fucking up their psyche. There are at least 3 million people in Ekiti, what percentage of that number got the rice he is distributing?

One of the reasons why the core North is where it is now is because of this mentality instilled in the populace.

Oyo state citizens are gradually getting over the psychological hangover of Adedibus " Amala and Gbegiri" handouts ,to politically enslave the poor and breed mental laziness. Fayose has dusted the Adedibus template and he thinks Ekiti people deserves such.
Politics › Re: Pat Utomi: '2016 Budget Process Is A Joke' by chinchum(m): 1:50pm On Dec 23, 2015
donveekings:
From borrowing you mean?
No, excluding borrowing. You can check the breakdown, it is not hidden . this trend brings an omen that will lay the foundation for true and sustainable diversification of the economy from being a highly dependent oil economy. The last time we had such trend was in 1972.
Politics › Re: Pat Utomi: '2016 Budget Process Is A Joke' by chinchum(m): 8:50am On Dec 23, 2015
The Budget is truly a budget of change. History of 43 years was made.

For the first time since 1972, the projected revenue from oil is less than the revenue projected from non oil related receipts
Jobs/Vacancies › Re: We Will Employ 500,000 Teachers In 2016 - Buhari by chinchum(m): 11:15pm On Dec 22, 2015
texazzpete:
Does the fact that this was announced at a budget presentation session escape you?



Still better than an ignorant lout on Nairaland who subsists on pay-per-post arrangement.



From the 200+ bn naira budget allocated to the Ministry of Education?
Of a truth, 500,000 teachers to be employed appears a hard nut to crack, if they are paid a very conservative N10,000 in a month, that will translate to N60 billion naira in a year. Except FG is banking on funding from international bodies /agencies, it might be unrealistic.
Politics › Re: Kaduna Refinery Restarts Production by chinchum(m): 5:40am On Dec 21, 2015
Build new ones please ! You made mention of avg of 40 million litres petrol consumption daily, we cant celebrate a kaduna refinery to produce 1.6 million litres. No No No, this government wont be forgiven if by middle of 2018, we are stilli importing refined fuel. huh
Politics › Re: Mdas In Spending Frenzy As TSA Hits N2trn by chinchum(m): 6:40pm On Dec 20, 2015
he pointed out that if the issue of oil importation is sorted out, 35 per cent of imports would be saved,forex would also be saved and when demand for forex drops, the naira would stabilise
the part that caught my attention is that of oil importation, 35% of the total import is oil, meaning with refineries that meets local needs, we can cut off the 35% of waste of forex . Buhari and his minister of state for petroleum must not waste time, building of the refineries that will cut the imports must start early 2016, there is no point dillydalling over those wretched and money guzzler old refineries, by next week, they would be 7 months old in office. Kachikwu promised end of this month to arrive at the conclusion on the current 4 refineries, i am watching and many other nigerians are watching. Government can build the refineries now and privatise later, or a PPP scheme can be put in place, TIME IS OF ESSENCE, IT IS EASIER TO BEAR A PAIN, WHEN U CAN SEE CONCRETE ACTIONS ONGOING TO REMOVE THE PAIN IN DUE TIME.
Business › Re: How To Survive 2016 Expected Economic Hardship by chinchum(m): 6:13pm On Dec 20, 2015
akagson:
All these religious folks flooding every post here with end time rubbish and the Bible said this the Bible said that. Can you guys just stop being silly for just a second. Is there economic hardship in USA? Is there economic hardship in Saudi Arabia? Is there economic hardship all over the world? Do you even know that there is a world that exist outside Nigeria? Instead of looking for ways to bettter our lives and get things right, we are here busy referring any slight thing that happens to end time rubbish. Let me tell you guys something you dont know, there is nothing that is new under this sun. NOTHING IS F****NG NEW BITCHEES!! The earlier we get our leaders to get their ass to work, the better. Instead of fooling around saying Bible said this. end time that.
mtcheeew!
Dont mind those fools, nothing is new, the world suffered what was referred to as "great depression" in the 1920s, almost 100 years ago, i bet some deluded ones said end time too then grin grin
Politics › Re: Implement The Resolutions Of The National Conference - Fayose's Wife Urges PMB by chinchum(m): 2:39am On Dec 19, 2015
The wife has sense that the husband does not have.
Politics › Re: Oil Headed To $20 ; Goldman Sachs - How Prepared Is Nigeria For 2016 Recession? by chinchum(m):
which is quite possible, as a commodity trader, the only real support against it not heading to 20usd is around 33usd , should US crude price falls below 33usd, it will be heading towards the neigbourhood of 20usd.

If it gets to 20usd , many states public workforce will undoubtedly shut down, it will FORCE A way forward thinking across states in the country, and tough decisions will be made
Politics › Re: Fayose's Six Shocking Prophecies For 2016 by chinchum(m): 9:57pm On Dec 18, 2015
shellworker:
Fayose is wiser and more important than you over one million times. You are nothing but a blind APC supporter. You don't care whether the economy is collapsing,so long as APC is there is okay for you.

You need to wake up and stop being partisan.
If you are sane, you will know, no one releases evil prohesies over his/her nation. If you connect with Fayose's prophesies, then by this time next year, Nigeria's economy will be blossoming, and Nigerians will smile and heap for joy, you will see it, but will not partake of it, all the prophesies of Fayose will be yours.
Politics › Re: Fayose's Six Shocking Prophecies For 2016 by chinchum(m): 9:35pm On Dec 18, 2015
Record low ! angry angry angry, but why will some one see a hero in this nonentity masquerading as a wise man huh?
Business › Re: Naira Situation Worsens, Falls To N270/$ by chinchum(m): 8:04pm On Dec 17, 2015
ShowYourCertificate:
Yimu. If Jonathan were in power the naira will improve against the dollar. It's always like that under the PDP government. The dollar might rise during election period but after elections, the naira bounces back. Unfortunately that's no longer the case as our dullard president seems clueless.
So to you, this is because jonathan is not on seat huh?? embarassed Oil price is almost at record low of 11 years, and you think this is about jonathan? Us crude now on 34.5usd Get your head out of your ass, i praise God daily. that gej never came back. Several indices can affect Naira to usd. 1. global price of oil 2. stonger us dollar or stronger us economy 3. Weaker Nigerian economy . The report talks about a stronger dollar and continuous downfall of crude price.
Politics › Re: Video Of Nigerian Soldiers Begging Shiites To Clear The Road by chinchum(m): 7:26pm On Dec 16, 2015
When you deny young minds western education, and pump them up with religiousity, they become zombies almajiris like seen in thousands in the video,the Northen leaders starting from Tafawa Balewa, Ahmadu bello to current ones failed the Northern populace, events like these reawaken me to express gratitude to Obafemi Awolowo, roughly 50% of yorubas are muslims, but we dont see such extremism amongst them.

The NA exhausted its patience, there could have been a suicide bomber amongst them.
Romance › Re: I Need Help Fast! I Keep Falling In Love With The Wrong Guys by chinchum(m): 6:47pm On Dec 16, 2015
tpraiz:
Taught Thought as much......
I been wan vex ni.....
No probs bro, we all learn everyday
Romance › Re: I Need Help Fast! I Keep Falling In Love With The Wrong Guys by chinchum(m): 6:28pm On Dec 16, 2015
tpraiz:
U r in ur late 20's



U said four years ago,u had a r/shp with a former fellowship pastor

Let say u ar 16years old then huh


I swear to God tell us your age or thunder go strike You #Lies



You supposedly got admitted into the university @ age 11 or 12 huh
Master mugun, what does late 20's mean to you ? when they say go school, you go dey smoke weed for school annex, you see your life grin grin grin grin Ba comprehension.

Now, learn and know that Late 20's lies within 26-29 years of age
Crime › Re: Nigeria Woman Who Burnt Lover's Private Part With Hot Iron, Jailed In UK (photo) by chinchum(m): 11:55am On Dec 16, 2015
Confessng:
Never heard of people who for days on end keep thinking of doing something bad ? No matter how hard they try the thoughts keep coming ?
Its like depression,it won't go away ,unless you tell someone whose scream jolts you to reality.....

If you ever stole meat from the pot or juice from the fridge you'll understand what I mean as soon ,before you eat it its like ha if I know chop this meat today nah die as soon as you are done
,
E go just clear for your eye and yet you can't regurgitate nor replace

That was premeditated but the dawning on you that you just messed up shows that you had some assistance...

Can't explain better jare ,I dey work
we are saying the same thing, the evil action was planned way earlier, the remorse could be immediately after or long after the crime. That is why if a man bumps in to meet a stranger sleeping with his wife, should he pick an object within that instance and strike the man to death, he will be discharged if he can prove the case, but it will be a different case if he locks up both cheating 2 in to a room and sets out to borrow a gun from his friend living next door, which he later uses in killing the man.
Crime › Re: Nigeria Woman Who Burnt Lover's Private Part With Hot Iron, Jailed In UK (photo) by chinchum(m): 11:30am On Dec 16, 2015
Confessng:
The mind is a very interesting place when we leave it to wander,evil thoughts can seize one and then we act according to its dictates.

Stupid things are done and afterwards when the eyes are clear,you start to ask yourself did I do that ?

Most people will blame the devil because for a split second they allowed the control of their minds to be handled by the devil....

Little wonder it is said "guard your heart with all your might for out of it comes the issues(joy,sorrow,pain,pleasure,jail,wealth ati bebelo) of life"

It is well with her ,she looks remorseful like she didn't mean to
this was not a split second decision, it was premeditated evidently, and I think she deserved more than 9 years behind bar
Politics › Re: Nigeria Loses $248m, N3.558bn To Waivers In 6 Yrs —NPA by chinchum(m): 6:44am On Dec 16, 2015
That is overr 50 billion naira
Politics › Re: Why I Will Continue To Oppose Buhari, APC - Gov. Fayose by chinchum(m): 4:58am On Dec 16, 2015
tomakint:
Once again the oracle has spoken.....one thing is certain in the not too far distance, which is, should the APC-led government of Muhammadu Buhari fail to deliver on their bogus electoral promises by 2019, Nigerians will yearn for Ayodele Peter Fayose, Oshokomole 1 of Nigerian Politics, Irunmole ti ounje jollof rice. Call him tout at your own peril, he is the current opposition leader with a class at the moment......always stating the obvious and keeping this administration on their toes.
huh Opposition leader my foot !, you cant give what you dont have.
Politics › Re: What Do You Think About My Boss' Parable? by chinchum(m): 8:24pm On Dec 15, 2015
@gaborone, your boss is only sentimental, nothing to suggest pmb is leaving out the salvaging of the economy to focus on fighting corruption, that assertion is intellectually fraudulent.

Nigerias economy is currently badly hit, and it started from late 2014, but the effect was not completely instantaneous, as there were little buffers, Pmb has given the right attention to where it belongs, it also targets to recover 350 billion from looters to fund 2016 budget. 1. Does it occur to you that GEJ's budget for 2015 had 92% recurrent and paltry 8% capital, down from 2014 budget that had 73% recurrent expenditure and 27% capital expenditure. 8% on capital expenditure meant many FG projects were destined for abandonement. Ngozi O.I was screaming that 2015 will be tough, it wasnt a mere rhetoric.

The current tough times in the country can be attributed to the fact that oil was the mainstay of the economy, PMB will try to weather the storm, but he cant stop the storm in the short term. Let me break your heart, 2016 will also be tough, i see a "sun after the rain" by the last quarter of 2016 it is not because pmb closed shop on economy that over 22 states govt were piling up debts of salaries of their workers, or that they cant afford to pay 18,000 minimum wage,or govt contractors are downsizing e.t.c , take note that the fall in oil price is also taking a toll on our Naira. The current govt has refused to devalue the Naira, as opposed to mostly external and some internal advice, it has instead introduced some policies aimed at discouraging import of certain products.

The ministers clocked 30 days old today on their seats, they are not seated doing nothing, 2016 budget is on its way, the first budget of the current administration, the minister of state petroleum has said decision will be made on the 4 refineries that appear not resonding to fixes by this month end, i sense sincerity,and with sincerity, there is will power, and when there is a will, there is a way.
Romance › Re: You Are To Blame: Ladies! by chinchum(m): 3:29pm On Dec 15, 2015
The writeup is a mix of fallacy, chauvinism and truth. Ladies beware.
Nairaland General › Re: Unbelieveable! My Duvet Releases Minor Electric Sparks by chinchum(m): 4:26am On Dec 15, 2015
it happens during harmattan.

Were you born yesterday? grin

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