₦airaland Forum

SenatePresdo:
Every Sector in Nigeria is collapsing under Tifnubu, except the Judiciary that is benefiting from the corruption.

Over 80% of Nigerians are ready to see Tinubu off that seat.

The 20% that supports him are inconsequential, majority of yorubas are against him.

9 Mobiles problems are their own making o. Leave Tinibu out of it. Ever since Etisalat left, that was the beginning of their problem. Their internet that was the best at the time suddenly dropped in quality and there was no key value proposition again. Not to mention internal wrangling for control.

Kosiso12:
https://politicsnigeria.com/inside-business-shareholders-worry-as-boardroom-crisis-cripples-9mobile/

9 Mobile should be allowed to die. It's too late for them to recover. I wonder if they are even paying their creditors? Unless a firm with deep pockets like Orange wants to buy them, but I doubt cos the market is already mature. Chances of growth in Nigeria are limited. They should just sell themselves to any of the other three.

Mubiola360:
Don't use it. Simple.

Thats very childish and petty response

Mubiola360:
yes, alot.
It will reduce travel time of lagos to calabar from 13 hrs to 5 hrs, limeswise reduce other states on tbe corridor. You can work in Lagos and stay in Ondo ,just 1:30min., It will have a train track which will link Bua and dangote refinery to convey products ,that will redue Tŕucks and trailers from our roads ,It will open up new site and bring about
Development creating employment , housing , economic activities , income along the corridor .

The main issue with Coastal road is that its not the best way to spend our very limited resources. For N15trln there are better things to spend on. Besides there is an existing East West road that could have been fixed for maybe N1trln.

When I was relocating from PH to Lagos in 2017, I left my hotel in Rumuobiakani at 7am and went through East West road to Warri, then to Benin, then to Ijebu ode and entered Lagos via Lekki Epe and we were home in Ologolo, Lekki by 4pm. As at then PH to Warri was like 80% good, cos it was relatively new, though some bad spots dey. Warri to benin was like 60% - old road and rough, but had been patched and reasonably good with careful driving. Benin -Ore was brand new and spotless (like Lagos Ibadan now) 100%, while Ore to Ijebu was very, very rough with dangerous pot holes - 20%.

If East West road were made spotless all through, then i could shave like 1.5hours ff that time. Then FG can give a separate say N500bln contract for Calabar to Uyo which I hear is very bad, though its relatively short. We'd save like N10trln if not more.

East West road is more or less parallel to the coastal road, though a little bit more inland, so whats the big deal?

[quote author=Dapagun post=134640996][/quote]Come, this coastal road no get flyover?

Paragon311:
This man lacks decorum in all spheres of life...

What a shame....

The family would have been going through daily misyarn from this retard called a Minister

Yes he lacks decorum, but he has a point. Nigerians are sick and tired of all these threats by folks in the Nigerian Delta against oil installations. Do Ijaws have monopoly of being the governor? If Fubara had handled things differently, would it get to this stage? When the man went to demolish state house of assembly building that will take like N10bln to reconstruct, all was well then abi?

dre11:
https://www.google.com/amp/s/punchng.com/marketers-project-n800-litre-as-imported-petrols-cost-drops/%3famp

There is no nonsense price war. Prices are reacting to lower crude prices and better exchange rate, both of which are the two key determinants of the price in Nigeria

Didi2d:
On this one. Nigerian government has failed us.

Dstv and gotv see Nigerians as mugu that's why they increase their subscription almost every month and our government just dey look without doing anything.

If dstv can operate pay as you watch in south African, why can't they replicate it here?

there's no such thing as pay as you watch in South Africa. If you believe there is, provide a link to the page in South Africa, where it's advertised?

Originalsly:
Hmmm .....40 storey. Will it all be commercial? ...or part residential? I'm thinking maintenance .... would they have the will ...the money .. the manpower and technical skills ... the appropriate equipment to maintain the building? I'm almost sure bragging rights played an important part in this project.

Waste of money if you ask me. Union Bank is struggling to maintain their 25-story building at Marina.

ironheart:
when next you visit Abj, hit me up and I'll gladly take you around to have a first hand experience of solar powered homes. Fully off grid some of
The homes can run 1 week without sun

If there is any set up that can even run 2 days without sun for a residential house and carry away least 2ac then it will be a minimum of 10kva and like 30kwh battery system with like 30 500W solar panels. At least in my house I know I average about 15kwh daily on 90% Band A availability. This Feb I used like 440kwh which at N227 is N99k.

Such a set up is probably like N15mln. That's a 12yr breakeven.

PressMyButton:
It's a very complicated case and it won't be funny if Adesanya won the case at arbitration. Have you not heard that OBJ and Buhari fumbled the case during their hearing, which made Malami refusing to testify.

Na only you hear that one o.

blowjohn:
After 12 years when prices of things have skyrocketed and the value and the value of the naira is at an all time high

Isn't that all the more reason why you should understand that the tariff needs to go up? Is MTN meant to be pitying you about inflation when they have their own to worry about? Trust me, you don't use as much diesel as MTN. So imagine the impact on them with diisel at N1100 from N650 when Tinubu came into office.

blowjohn:
Exactly
That telcoms tariffs increase really vex me

Telecoms tariff increase after 12years vex you! Nigerians are entitled sha! Everything must be cheap or free.

The problem is not the cost of the telecoms tariff or electricity or petrol. The issue is that our incomes in Nigeria are too low. That's what we need to fight. Left to me minimum wage should be N150k for starters, based on where prices of things are at the moment.

ironheart:
Funny, AEDC shot itself in the foot the moment it introduced the banding system. 90% of the people in band A are migrating to solar because it makes no sense paying above a million Naira per month for epileptic power supply..

Now the money they thought they will make, they are not making it.

Now they want to migrate people in band B and C. They know these people cannot afford to buy solar.

Until we all fight to be metered, all these nonsense will continue.

In some countries, power is expensive during the day and very cheap at night to encourage people to use it, that way it ensures grid stability.

Here we are increasing tariff without increasing service delivery or adding new infrastructure.

Which nonsense 90%. Solar easy like that? Even if you get solar or inverter, most still need EKEDC for more intensive appliances like AC in particular, especially in this heat. If 10% of Band A have gone to solar, i'd be impressed sef.

casualobserver:
If you are on Band A, you are better off installing solar. You recoup your money in 2 years and your electricity is free thereafter. You are also immune from future tarrif hikes.

Show us the math. A 5kva inverter with 5kwh lithium battery and solar will be about N4mln to N5mln

If his band A bill is 100k, it will take 4 years to break even.

dertty04:
https://www.arise.tv/el-rufai-tinubu-publicly-begged-me-to-be-minister-in-his-government-but-changed-his-mind/#google_vignette

He should go and sit down. There's no such thing as electricity Mafia. We love the use of the word Mafia and cabal in this country. The only issue with electricity is the government not doing what it's supposed to do and that's always the same issue in every area where there is supposedly a cabal or a mafia.

Take a product, price it appropriately, let the private sector do its thing and come and tell me whether there will ever be a mafia with it.

NinjaMetahuman:
Good idea.

Combination of nin/BVN and all other biometric platforms plus new ones to give us the most accurate information.

Enough with counting cows and goats as part of census.

If your biometric is not captured, you don't exist.

Then that should also be an opportunity to build a database for every single Nigerian going forward.
Once a baby is born, a digital registration of the baby must be done and added to our population, and when someone dies, the death must be reported digitally so he/she can be deducted from the population.


So there won't be any need to be spending billions on census going forward.

Totally agree with you!!

Daddyk87:
Baba is cooking.
I still believe our population is not correct.
No way Nigeria is up to 200m
This reason why we have inflated numbers is because of money sharing formula.

You must be joking. Just spend 5 hours driving around Lagos and see how many people you will see. Not to talk of Kano, Onitsha, Ibadan and all the other state capitals. Then we have many other mid sized cities like Ijebu Ode, Ijebu Igbo, Oyo, Ogbomosho, Ondo town etc. that are not even state capitals.

Guy, don't be kidding yourself, we are up to that o.

But I 100% support the biometric aspect. if not for cost, i would say we do fingerprint, high resolution picture (that can be used for facial recognition) and retinal scan, along with NIN number.

SarkinYarki:
MTN also declared a loss for two straight years

Due the devaluation losses. Watch them bounce back this year.

Great100000:
Source: https://punchng.com/airtel-posts-344m-revenue-loss-on-data-sales/

How does a surge in data per user not result in increased date revenues!? Where did the extra data they used come from? The sky?

Coldspice:
Obasa is a checkmate for Sanwo. He's a tool for controlling the Governor.

Tinubu believes that with Obasa gone, he has lost the control of the House and having lost control of the House, he's also lost control of the Governor.

Another theory is that Obasa is accumulating money for Tinubu for his second term. Also I hear Obasa is strong in the Mushin, Agege axis of Lagos. If he's not there, it means APC slips down the pecking order for 2027. They don't want what happened in 2023, where LP took Lagos to repeat itself. If APC were to lose Lagos governorship it would be the beginning of the end.

Proudlyngwa:
Oga by virtue of production diesel is cheaper than Petrol and I doubt your being to 13 countries and asking the price of diesel and petrol

I don't need to ask. It's displayed in neon lights.

UltraSolid:
Cocoa House is still an architecturally stunning building that symbolises the essence of progressive Yoruba leadership the "Sage" , Awolowo, and other Yorubas exemplified.

It is an inspired and iconic choice that simply needs modernisation and sympathetic restoration. It can be retrofitted to look even better than FAMFA tower in Ikoyi owned by Folorunsho Alakija.

Big LOL

pyyxxaro:
This gal na Lawmaker abi Homebreaker


Annie BP go don reach 190/160 now

Annie don't worry , PORTABLE would propose to you next week 😫

Lawmaker!? She looks like a hook up girl.

EXOUSIAng:
If we are to be real the telecom industry has been the most understanding.
They have been the only industry that hasn't increased chargers since the subsidy removal, yet they have increased salaries of their staff.
When every item increased by more than a 100% you didn't complain about the telcoms not adding a naira.
If we are to be truthful you are the greedy one here.
Telecom companies don't use power from the national grid, they run all mast on diesel under contracts with companies like IHS. Meanwhile industries that don't use as much diesel have all increased by more than a 100%

Don't mind him. Who did he complain to when bread went from N700 to N1800? When petrol went from N190 to N970? When diesel went from N250 to N1200? When pumping tire went from N200 to N500 per tyre?

Namaster:


Hilarious!

These criminals declare BILLIONS in profit EVERY YEAR.

They could invest BILLIONS in improving their services and infrastructure and still have BILLIONS left as profit.

The HIKE is driven by nothing but GREED.

And the people approved the hike did so because MOST of them have shares in these Telcos.

So whatever the companies FLEECE from Nigerians will end up in their pockets as DIVIDENDS.

MADNESS!

There is something called return on Capital and Return on Equity.

To you it may seem like MTN made profit of N50bln, why cant they spend N10bln out of it and be left with a profit of N40bln. But if the Capital invested in the business so far is N1trln, a N50bln profit is actually a return of 5%! In an a economy where inflation is 30% and FGN Bonds are returning 20% and even FGN Dollar bonds are returning 9%!?

So clearly a 5% return would be insufficient. So its not just about the absolute numbers, which may seem big to you!!

Why Nigerians should learn Economics, Business Studies, Accounting very well. Many did these courses in 100l and 200l in Uni, yet they only read to pass, they know basically nothing.

Proudlyngwa:
Rubbish move.
This is a case of Robbing Peter to pay Paul

By Virtue of Production, Diesel is supposed to be cheaper than Petrol, so definitely something is not adding up.

You want to kick-start production then think AGO, not everyone has the capacity to convert to CNG right now.

So we need explanations on why Gas oil is more expensive than Premium Spirit.

Who on earth told you diesel os supposed to be cheaper than petrol!!? I have been to 13 countries and I have NEVER SEEN ONE COUNTRY WHERE DIESEL WAS CHEAPER!!!

AmazingGenius:
Source: https://dailypost.ng/2025/02/11/nnpcl-under-pressure-to-reduce-petrol-price-amid-rivalry-with-dangote-refinery/

Can we stop with this Price War narrative!! Crude prices drop and petrol drops accordingly, as it should, and we are talking price war.

BadNews:
See More Photo Below:

I hope you people wont come and say Mobil or Chevron should take responsibility for this environmental degradation??

AmazingGenius:
[b]Lagos govt enters agreement with Summa Group to develop Lekki-Epe International Airport.


Source: https://nairametrics.com/2025/02/08/lagos-govt-enters-agreement-with-summa-group-to-develop-lekki-epe-international-airport/

Not a bad idea, but I wonder if its really needed. MMIA is actually underutilized. International flights cluster in the morning and late night. During the day, the airport is mainly idle, compared to other global international airports that have international landings every 5minutes round the clock.

However, given that Lagos is huge and constantly expanding, Lekki airport could serve al those flying domestically and internationally, who live in the Chevron/VGC area and beyond all the way to Epe, Ijebu axis and even Akure, up to Benin.

But my fear is that it will also be underutilized.

horia:
If you saw the terrible conditions that the people who live in these oil “infested” areas are in, you will hate the companies and be disappointed in the government even more

That damage and environmental degradation caused by the citizens themselves via bunkering is far worse than what the oil companies ever did. In a case where in 1 year millitary is shutting down over 500 refining sites and these folks just store the crude in pits dug into the ground. Are iocs supposed to take responsibility for that as well.

femisplash:
https://punchng.com/crude-production-cost-rises-to-40-barrel-report/?amp

WHY IS PRODUCTION COST IN NIGERIA MUCH HIGHER THAN MOST PLACES?

1. Cost of repairing vandalized pipelines, wells etc running into hundreds of millions of $ per year, which other countries don't deal with.

2. Cost of providing security coverage for their operations running into almost hundreds of millions $ per year, which other countries don't deal with.

3. NDDC which is 3% of budget, which other countries don't have.
4. Host community fund of 2.5% of opex, which other countries don't have.

4. Education tax of 3% of assessable profit which other countries don't have.

5. NCDMB levy of 1% of contracts which other countries don't have.

6. Local content polices, while well intentioned, created briefcase middle men companies in Nigeria that just increased the cost of contracts without adding any value.

7. Lack of efficient logistical infrastructure in Nigeria.

And still many more.