igala1: In as much as I'm not speaking for Tinubu's administration, it's the easiest thing to walk up to the DISCOs to know how conditions for the migration. Obviously, areas that have up-to 80% prepaid meters would be migrated to band A. Areas with 60% prepaid meter would likely me migrated to band B.
That isn't even the basis. The band is based on how many hours of electricity you receive
Jokerman: Can you name one thing Nigerians are benefitting from this government?
Something tangible and what's is down to the local level?
Some other governments Nigerians enjoyed free education, reduced cost of petrol, cheap commodities in the market, etc??
So who can point out one thing Nigerians are benefitting from BAT government
You enjoyed subsidized petrol for over 40 years You still enjoy dirt cheap education You still enjoy subsidized electricity if you are NOT on Band A You enjoyed subsidized dollar for decades
Ojuntana: First of all, it is deeply concerning the change in rhetoric that occurs when the teeth of otherwise intelligent and resourceful professional are set on corn. The kind of gibberish that starts to flow is a sign that the corn being offered on a platter is indeed of the fermented stock. It intoxicates the gobbler with a resultant effect that's comparable with that of the famed 40 year whiskey.
That said, I find it insulting to Nigerians and their hardwork and intelligence when people make this silly narratives of fake life or window-dressed realities. This is more so when the people who make these kind of condescending statements are those who have benefited maximally from the society and have not ploughed back what can be said to be commensurate with what they've accrued for themselves from the proverbial cake.
Imagine a situation where a man who after enjoying the benefits of the high office of governor, and while leaving office makes a law that enables him to continue to enjoy the perks of that same office perpetually as if he were still an occupant.
Not only that, choice properties are allocated to him by him. He then turns around to accuse others of living a fake life.
Ditto this particular case as well. A man who was called to rewrite tax laws which will ensure more money goes to the political elites to fund their excesses and lifestyle both in and out of office turns round to accuse others of window dressing their realities.
I make bold to say Nigerians are among the most deprived yet hopeful and hardworking on the surface of the earth.
The average Nigerian has no social infrastructure or welfare system to fall back on in time of crisis save for a strong family structure.
The average Nigerian farmer works with the least of tools. Yet he's been asked to produce crops to feed the populace and export as well.
The average mechanic works with the basic of tools. Yet he's expected to drive innovation in technology.
Same for the average carpenter bricklayer, tailor etc. No program to empower such hardworking Nigerians exist.
Rather, they are dumped on the lowest rung of the ladder and left alone to climb or drown while getting talked down on if they ask for a reprieve.
The UK spends 25% of its budget on social welfare and infrastructure. In countries like Saudi which are oil producing like Nigeria, home ownership is a right.
Shall we speak of countries like Norway where unemployment benefits sometimes exceed employment income for the citizens.
Nigerian leaders and elites are among the most corrupt and wasteful in the world. Yet, they hardly take responsibility for how the country has turned out on their watch. They are a bunch of greedy taskmasters who believe in being unquestionable and unquestioned.
One day na one day sha
Still doesn't change the fact that he's right?
Maybe our reality now will make Nigerians come out to protest the many excesses you mention. More Nigerians came out to protest Mohbads death than will come out to protest corruption and incompetence by all arms of government. Thats tells your our priorities as a people.
Godjone: You said refinery will start working and when that is achieved, the price of PMS will drop significantly. Today, two of the refinery are already active but the prices keep souring higher. Their next skit is to divert attention to how crude please price have increased in the international market yet we are a country that have crude and by virtue of the two activated refineries, international prices should not affect us. The man tinubu and his gangs of tribalists have come to kill Nigeria and Nigerians . Very very insensitive animals
Price kept soaring higher.....but when the price came down to N935 n ko
Nazgul: No company in Nigeria can pay you such amount monthly unless your business is recording a tremendous amount of success or you're earning in USD.
That's the only way you can hit the 1m mark monthly.
Dey dia. A Manager and above in the top banks should be earning more than N1mln a month.
Truly the FCT and state governments should go after the high and mighty for ground rent and property taxes.
The folks in Ikoyi, Shoreline estate, Banana island, Victoria Island, Lekki Phase 1, Oniru, Parkview estate will not pay property taxes and the tax officials will be afraid to go after them because they are big boys with connections, but they will be harassing ordinary people in Yaba, Anthony, Surulere etc
Blazebond: When same prices are reduced,it takes about 5-10 days for the marketers to bring it down,we Nigerians are not ready for the fncking truth sha,until we declare total war by ourselves on corruption and corrupt person's,we are not going anywhere.
SalamRushdie: Till fuel prices drop to 420 naira litre the Nigerian economy can never grow , this week alone I have spentbover 200k on just Petro for private use , I never add the one of office ooo...it's not sustainable, cheaper energy is a must to grow an economy
Shouldn't you innovate and find a better way to do business without having to move around so much?
nairalanda1: A really heartless government would have kept fuel at 65 naira per liter.
By now we would have been spending 900 to 1000 naira per liter in subsides, or somewhere around 100 billion naira a day in subsides
Which amounts to 36 trillion naira annually by now.
What was our budget for this year again?
And the resulting hole would be filled by loans.
The resuliting economic chaos would make today's hardship look like fun and good times.
Greedy and self centered Nigerians wont mind FG taking loans if it gave them their N65 per litre petrol.
The other scenario would be what would happen if foreign countries, banks and multilateral agencies like IMF refused to give us loan again, because we were clearly going broke and would be unable to pay
The damage that would cause to this country and its economy would be 100times what we are going through now.
So better to arrange ourselves now and go through this shege, than go through a bigger shege down the road aka Zimbabwe and Venezuela!!
Frezhkid10: Bus is always cheaper than rail public transport..but faster!!..so depends on you if you want cheap use bus, you want to arrive at your destination early not minding the cost..use rail
Public transportation is less crowded during the day anywhere in the world compared to rush hour. The peak periods will clearly be 6am to 8am and 4pm to 6pm as people go to and fro work.
When the Blue line reaches Okokomaiko, it will have more general usage at all times of the day and when it integrates with Red line, even more so
Topman7: Federal Minister of Works, Dave Umahi, was not a happy man.
He visited one of his numerous federal road projects and was dissatisfied with the quality and pace of work.
So he did what few, if any ministers had done before him.
He physically entered the road being built to show the foreign contractors the RIGHT WAY to build it, threatening that if they fail to follow his exact instructions henceforth, he would cancel their contract immediately and kick them out of the country.
This is the new Nigeria we want to see, and this is the new Nigeria we have.
COMPETENCE is the name of the game today in Nigeria.
If you like, call yourself oyinbo or ''expatriate''. If you don't deliver, we cancel you and kick you out.
My issue is that is he the only Engineer in the Ministry of Works? What are the other supervising Engineers doing? Problem with Nigeria is that progress is tied to individuals instead of institutions. When Umahi goes and they appoint a non-engineer as Minster of Works, all this goes away and the engineers in the filed go back to conniving with contractors to sigh shoddy jobs.
FLASH: Six additional train sets will be in Lagos very soon to strengthen the capacity of the Lagos Rail Mass Transit (LRMT) Blue and Red Lines to deliver value to commuters and thereby increase the economic viability of the state.
babzo: Oh please . Let's stop making excuses for our leaders. They don't want a working Nigeria or African, but they are ok with Dubai and Saudi, with Taiwan and Singapore? With Ghana having uninterrupted Democracy for almost 40 years. With India becoming the number one exporter of Tech power on Earth?
Why should anyone be responsible or interested in your development? Why should what your neighbor thinks of you be any concern?
Why should your neighbor be happy or interested or contribute to your progress when he or she has their own problems?
Nigeria has been governed for over 60 years by Nigerians and almost all these leaders from Local Government to President are now billionaires in Naira simply by stealing from the money meant to develop your country, how is that sustainable?
Spot on!! Nigerians like to blame someone else for their troubles. That's why we emphasize on witches and wizards and churches are continually killing imaginary enemies. Meanwhile the real enemies are in government who are stealing your money and under developing the country are happy at your distraction.
ElevationD: It was not redundant for 13 years. Read clearly and find that it was producing below its installed capacity.
“ Further checks by Advisors Reports revealed that as of November 2024, the plant was producing only 73MW—approximately 15 percent of its installed capacity.
Since commissioning, just the two reactivated units of its four units have been operational, supplying around 225MW to the national grid when gas supply is adequate”.
Exactly what I was going to say. The report isn't well written. It was written more for sensationalism. However, if due to insufficient gas the existing 2 turbines of 230MW only produce about 75MW, then the additional 2 units of same 230MW will likely not produce at full capacity either.
However, the hope is that when the OB3 pipeline is complete and gas starts to flow westward from Assa North gas plant, there will be sufficient gas to get it from 150MW to the full 400/450MW, which is an additional 200/250MW and is not insignificant.
Alaoji power plant with a 1050MW capacity is another plant we need to get onstream. I understand its being refurbished by Chrome Engineering. It was originally built by Rockson engineering.
Hammylawali: Not all states have the power to run this electricity generation & distribution. A regional grid would have been the best solution to this electricity problem. That way, states can come together to fix and upgrade their power installations or infrastructure
I agree. It would make sense for Lagos, Ogun, Oyo, Ondo, osun and Ekiti to collaborate on this and trade electricity amongst themselves very well. So a state like Oyo that needs say 500MW for 24hr power can deploy 600MW of solar in the northern part of the state where the sun radiation is high and less covered by cloud and sell the excess 100MW to Osun state for eg
Nazgul: I've been complaining about this nonsense since.
You'll go to a bank ATM only to discover that they're not dispensing cash, yet all the POS agents around the banks all have cash. Before Ecobank Ojuelegba was demolished, there was a time I went there their atm wasn't dispensing cash, Access bank which is close to them too didn't have cash. Yet all the POS operators within that vicinity had suplurs cash. You can even request for 100k and they'll give you.
Even the banks who would manage to give you cash wouldn't give you above 10k. If you want anything above 10k go to POS.
Yesterday I made a withdrawal of 10k from a POS operator, she charged me N300. Yes you heard me right N300 to collect 10k. She told me that it's because of the new charges CBN put on them for 10k deposits and above. So if I want 50k I'll pay 1,500? What kind of robbery is that?
I've been saying this that banks deliberately starve their ATMs of money because many of them sell cash to POS operators who in return sell to customers at abnormal rates. CBN should keep up the good work they're doing by slamming them with heavy fines.
We are our problem in this country.
Maybe na the POS come withdraw am finish na. Since they are sitting right there, them know when the ATM has cash and will withdraw it before you get there.
stepaside1: This HI project is about $2.5bln. Exxon's Owo offshore project will be about $10bln when it takes FID. Shell Offshore in Nigeria has the Bonga South West oil project of about $10bln and a giant gas field development of about $5bln both at advanced stages of feasibility and concept definition. There are others from ENI, Chevron, Shell Onshore etc. Add this to the $5.6bln from the 2 projects that have taken FID already. Do you still think I should be calming down?
Bonga South West is unfeasible, as is any green field oil project in Nigeria. Maybe the recent deep water incentives may have helped. But oil companies will do the economic analysis and go through the process again. Then they will present to their board to rank in the midst of other opportunities globally. And it may not fly. So don't get too excited. It's another 3 year recycle for any greenfield. Brownfield may fly easier , cos the capex will be a lot less.
As a special assistant, the very reforms you say the masses must endure are subsidised for you. Government pays for your fueling, your travels, grants you easy access to foreign currencies and other privileges that insulate you from the same policies you are justifying.
The questions I continue to ask are:
1. If fuel at N985 is seen as ok today, why did BAT condemn fuel at N145 in 2012 with subsidy removed?
2. In his 2023 campaign, bat promised to bring down the price of pms which was around N175 at the time. So how come he and his supporters are arrogantly rejoicing that pms has 'come down' to N985?
3. In 2014, bat said the foreign exchange rate of N217:$1 was too high and showed Government incompetence. So, why is he now saying that N1600:$1 is a good deal and a sign of progress?
4. In his 2023 campaign, bat promised to reduce the rate from N600:$1 to N300:$1... so why is N1600:$1 now being touted as an achievement?
Until bat explains these his somersaults, he will continue to be seen as a liar, deceiver, selfish and cunning man who prioritises his selfish interests over the good of the masses.
All that was politics, simple. Has Trump not said worse things to galvanize support from the masses for his election victory?
xpressionx: This is further testament that a cabal is holding the power industry.
Nigeria runs on average of 4500MW meanwhile some companies are generating 6500MW.
If Tinubu cannot fix power before 2027(not Fashola recommended 6months)he should not bother contesting again,he's a failure.
There is no cabal holding anything. The issue is that people like you refuse to pay the appropriate cost reflective price for electricity.
Why is there no cabal holding telecoms, where the pricing was cost reflective from the get go?
Why is cabal on petrol suddenly toothless, now that subsidy is gone?
Why has there never been a cabal on diesel for 20years that it was fully deregulated. Diesel has never been scarce for one day.
The companies providing captive power is both a good and a bad thing. Good for them as it guarantees reliable power for industry, but bad for the rest of us because without those big companies on the grid, the cost becomes more expensive for the rest of us. I hope you are familiar with the term 'economies of scale'. If not, google it.
alphonsojaybaz: Lady Shares Experience with UNILAG's New Electric Buses, Reveals Fare is Just ₦100"
A Nigerian woman recently shared her experience with the newly launched electric buses at the University of Lagos (UNILAG), noting that the fare is just ₦100.
In a TikTok video, she offered a glimpse of both the exterior and interior of the electric buses, which are reportedly introduced by UNILAG to enhance transportation for students on campus. Eyes Of Lagos reports,
She captioned the video: “And it’s only 100 naira! Plus, there are like four doors!”
Expressing her surprise, she added, “So UNILAG electric buses are real? Does this mean campus drivers will be out of business?”
The video also included shots of the bus interior and a bus arriving on campus.
As the video gained traction online, it sparked a variety of reactions, with many viewers sharing their thoughts in the comment section.
Here are some of the reactions:
Abj: “Isn’t this just for convocation season?”
Rayfranklyn👑🇦🇺: “Until the national grid goes down.”
Starr✨: “Seems like a response to the physical resumption issues… I’m not a fan of this school… or the Faculty of Law 😭. I should just open a shop.”
T♾️💕: “It’s affordable too 🔥🤭.”
CARS-OF-EDO: “Is the bus free?”
Pomchan: “I’ll now look at pedestrians with disdain as I ride this bus 😌.”
Loyaltechgirl💕: “The driver will even open the door for you 😩.”
Ms. S: “You’ll still fight for window seats on this one too 😭.”
Elle. 🎀: “As a student from OAU, I’m jealous.”
Moni 💞👸: “So this is what they’re doing with our money? 👀😭🙂.”
Anita Squarepants: “Cab drivers are in trouble once we fully resume.”
Ninjanerd: “They won’t last long though, battery degradation… but I guess it can be replaced, so good for you all.”
Michealcurwell: “A bus without shock absorbers.”
kofoworola: “They should use that energy to renovate the hostels 😩😭😭😭.”
9jawap Mobile Community: “The real question is whether this is sustainable in the long run.”
𝓶✨: “No more fighting for the front or left seats 😭.”
life_of_ola02: “This is something they’ll remove once we resume fully or after convocation 😂😂.”
Anita Squarepants: “The nonsense has finally stopped, no more insults from drivers about the back seats.”
H.E.R____: “No more scrambling for the back seat 😂😂. Now you can sit comfortably at the back, those drivers will be upset.”
kettykin: The relocation wave is surging with intensity. Landmark Group has boldly uprooted and shifted its entire operations. One can only hope that the dominant Niger Delta-owned banks and oil giants will seize the moment, relocating their headquarters—or at least a significant part of their operations—to Port Harcourt. Failure to act now risks leaving the region vulnerable to the next toxic chapter of political neglect and economic marginalization as the proverbial cock crows its timely warning.
Due to numerous inquiries in the thread.PH was part an parcel of the Eastern region. PH was originally developed to evacuate coal from Enugu. PH was originally called Igweocha.
They are absolutely losing their minds over a business that coughs up N10 Billion per year in taxes relocating to PH . Imagine the chaos if bigger players like Access Bank, UBA, Zenith Bank, Seplat, Nextoil, or even the Zinox Group decide to pack up and leave too. Lagos is living on borrowed time, and the clock is ticking.
Word on the street is that even Dangote is fed up with Lagos’ endless drama. Rumor has it he’s planning to move his main HQ to Abuja and rent out his Lagos office once it’s finished. If that happens, expect BUA to follow suit, and Lagos will finally settle into the role everyone’s been envisioning: the economic hub of Yoruba land and little more.
Story. Good luck finding sufficient people in PH that can afford the facilities. We just think it's about siting stuff somewhere. We forget people have to be able to pay for stuff. Landmark PH won't survive on people just coming to look at the beach and buying bottled water. That's why they went into partnership with the state government. If he's confident in it's financial liability , he should go to alone.
Politics › Re: Ajaero Faults Power Minister Over Electricity Bands, Migration Plans by COMPAQ(m): 8:24am On Jan 27, 2025
