₦airaland Forum

Wow! I didn,t know that they were that rich.

I'll like to see exactly how this refinery is supposed to make money!

LTE!! That would be a tall order. By the way HSDPA from MTN has a theoretical max speed of 7.2Mbps, likewise Glo. HSPA+ has a theoretical max of 21Mbps, while DC-HSPA+ (Dual Channel)has a theoretical max of 42Mbps. For now, only Airtel and Etisalat operate HSPA+. MTN and Glo still operate HSDPA. If they had stepped up, I'm sure they'd let people know about it. Besides we should also realise that we are all still limited by the hardware that we carry!!

Airtel needs to enable those using contract lines to be able to activate bundles!! There is no way I am going to do any serious browsing at 5k per kb!! That means 1Mb alone is N50.

Does anyone know where I can get the factory unlocked Lumia 900?

Unfortunately, the 4G isn't really useful in Nigeria, since we dont have LTE and I am not aware that the ipad3 supports HSPA+

Facebook, 2go, Hi-5, BB....aren't they all the same!! Personally, I have slept with about 2 chicks from Hi-5 and like 5 or 6 from Facebook!!

But old things have passed away...!!

We should all be aware though that even though Airtel may have upgraded to HSPA+ i.e 3.75G, many of us will still be limited by our hardware i.e modems, phones etc. If your phone is configured for max downlink of 7.2Mbps, though the 3.75 g will improve your speeds, you shouldn't expect the same improvement in performance of someone who uses a Galaxy S2 for eg, which incorporates HSPA+ with max downlink of 21Mbps.

The guy has done his time at Arsenal and should go,

Ebonyi is one of the most unheard of states in Nigeria!!

xynerise:
N1500 for one original movie and N1500 for 15 pirated movies which one is better? .

Please where else can I get movie downloads?

Why would I do 100hours valid for 30days at N5000, when I can get a normal 30 day 1Gb bundle for N3,500?? Except the hourly plan offers more data, I don't see the logic behind these plans.

We should also regulate how churches convert residential property to churches or build churches in clearly residential plots in estates. I find it odd how Pastors and Church leaders, many of whom are educated and are professionals in the build environment (Architechts, Civil engineers, urban planners etc), allow their parishes to be built in clearly residential plots just in the name of advancing the kingdom etc. What is wrong is wrong and what is right is right!!
Check out the nuisance of Deeper Life in Gbagada or MFM in Akoka!!

The hype is too much o jare!!!

I thought we had broadband in Nigeria, considering that sometimes Glo, MTN and more recently Etisalat (all depending on where you are) are fast anough to stream You tube etc with little or no buffering at speeds ranging anywhere from 500kbps to 2mbps.

However, we are being left behind!! I am shocked to learn that people in the UK (fibre optic I might add and not 3G or HSPA+!!) are connecting to the internet at speeds up to 30-50Mbps and they are now targeting 100-300Mbps!!! Fast enough to download a song in 5seconds! A song is typically about 3-4Mb or a HD movie in 5 minutes. A HD movie is roughly 5Gb.

Dont believe me? Then follow the link.

http://uk.news.yahoo.com/more-super-fast-broadband-planned-123454136.html;_ylt=AjmRRK6UBNrA0_.exWjUG_HwfMl_;_ylu=X3oDMTFxdXZjc3YyBG1pdANJbmZpbml0ZSBCcm93c2UgVGV4dARwb3MDNARzZWMDTWVkaWFJbmZpbml0ZUJyb3dzZUxpc3Q-;_ylg=X3oDMTJ0c3AxcHFhBGludGwDZ2IEbGFuZwNlbi1nYgRwc3RhaWQDNWE1M2Y2NTEtZTgyZC0zMDM4LTg1ZTUtM2ZkMGM2Y2Y1OWQ5BHBzdGNhdAN0ZWNoBHB0A3N0b3J5cGFnZQR0ZXN0Aw--;_ylv=3

When will we get here? What happened to all the fibre optic Glo was laying in Port Harcourt like a year or two ago?

What a shame of a nation!! I wish the cameramen could have zoomed in on the number plate of that police van,

Country                             Population            Per Capita Income
Venezuela                         26mln                      $12,700
Kuwait                               3mln                       $48,900
S.Arabia                             27mln                     $24,200
Iran                                    76mln                     $10,600
Qatar                                 1.7mln                    $179,000
UAE                                    8mln                       $49,600
Algeria                                37mln                     $7,300      
Libya                                   6.4mln                    $14,000
Iraq                                    32mln                      $3,800
Nigeria                               162mln                     $2500

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html

http://en.wikipedia.org/wiki/List_of_countries_by_population

I am sure we can all see the correlation between high population and low per capita, with the exception of Saudi because Saudi produces about 9mln barrels of oil. If these countries can "afford" subsidy, can Nigeria?? You will probably also find that Nigeria is lower than all these countries on the corruption rating, meaning that with our small money, we are likely to be stealing more!! For eg If corruption in Libya costs $1000 per capita, they are left with $13,000! If corruption per capita in Nigeria is $1200, we are left with $1,300!! And that is not necessarilily only govt corruption, but also private sector and individual corruption as well.

Also consider that with less corruption over the years, these countries have better infrastructure and are therefore better posed to grow their per capita income. We on the other hand have to find the money from somewhere (from our paltry $2,500) to get out infrastructure to the same level as these guys (not that they will sit still and wait for us) and we still expect to spend so much on subsidy??

It is not our fault yes! Our leader of the past have thrown us into a deep hole and unfortunately to come out of it, we all have to struggle to climb out. It's not Jonathans fault that corruption and incompetence over the last 30-40years have landed us where we are, but the man has to start from today to try and get us out!!

It should also be considered that most of the OPEC members listed here are middle east countries who operate "monarchies", many of whom use low fuel prices to keep their citizens "happy" in order to perpetuate themselves in power.

Also the fact that the populations of these countries is low makes it "easier" to afford the subsidy. Also, most of these countries are less corrupt, so what money there is goes around much better. And while it's easy to say that the govt is corrupt, the truth is that the average Nigerian is now (for whatever reason) inherently corrupt. All the councillors, LG chairmen, State Govs, commissioners, Ministers, Judiciary, Legislative, Executive etc have brothers, sisters, cousins, parents etc. Do we tell those we know in govt not to be corrupt? Rather we ask then to give us contracts, apply favouritsm etc

moremi2008:
Would Nigerians rather have the government pay for imported oil that ends up in Niger Republic or Togo? I don't understand why they aren't focused on improving government accountability instead of defending a totally silly subsidy that has already gone on too long.

I tire o!! I keep saying it, the people who live in Ghana, Togo, Benin republic, Liberia etc are they not human beings like us? Do they have two heads? If they can survive a no subsidy on petrol regime, why can't we? I don't think those guys are even as resourceful as the average Nigerian!! There is a lot of wasteful spending we can all curtail if we must use the same amount of fuel as before. All the campus chicks can give up their BB's and monthly N1500 for BB complete for one. In PH, when people die, if you see the MAD driving they do on the road, brandishing cutlasses and hanging from the windows, if the fuel is N140, they will think twice before following a corpse with 15 cars, and these are the so called masses o!!!

@Dr Izielen Agbon

I think your argument is flawed because it is premised on the FG "allocating" crude to NNPC at no cost. Why would any govt allocate 450,000 barrels a day worth of crude at $108 per barrel? That amounts to an opportunity cost of 450,000*$108*365= $18bln!!!

Now if NNPC pays Govt full price and then has to come back and sell the fuel at N65, when it is obvious that it has already paid for the crude at $108, isn't that obviously a subsidy? I would appreciate it if you could re- run your calculations based on the refineries purchasing the crude at $108, in addition to your production and transportation costs of $5 and lets see what your calculations would give as the cost of a litre of petrol.

In addition, your production and transport costs scenario is not entirely correct. While I am aware there is a term the IOC's use called unit opex which indeed may hover between $5 and $8, it does not mean the IOC's profit is simply $108- $5. There are other costs to consider. The logic is similar to what obtains in the drug industry. If Glaxo for eg spent $7bln dollars in researching and finally comes up for a drug that cures AIDS, while the actual manufacture of the drug may eventually be $1 a pill, it could be sold as high as $40 a pill. This is because the firm must recover the $7bln spent on R&!! Likewise, the oil industry has a sizeable exploration and capex costs, which must also be recovered alongside the opex!!

However, having said that, it does not mean there are no issues with the removal of subsidy. While it will be painful, I believe it is the right thing to do for the longer term health of the Nigerian nation for the following reasons:
deregulation of the industry will remove the corruption that the same industry is used to perpetuate, all this cabal issue for eg!!
hopefully, increased investment in refineries and the whole petroleum value chain(petrochemicals, refineries etc) will provide more jobs (direct and indirect) for Nigerian educated youth (engineers, technicians, accountants, drivers, cooks etc).
large FDI for these refineries etc could also help stabilise and even appreciate the naira, the way banking consolidation did in 2006-2007.
there will be more technology transfer.
Nigeria and Nigerians will ultimately be forced to be more efficient. We are poorer than many western nations, yet their citizens walk more than we do. When I went to Uk I was mildly surprised how much walking the average European does despite the available infrastructure.
and many more,

Thanks, but if thedownlink max is 7.2Mpbs, it can't be an HSPA+ modem.

Based on some little research online, most of us using Etisalat are not benefitting from the HSPA+ netwrok if we are using older dongles. I understand even using an HSPA+ modem on the existing Glo/MTN/Airtel 3G/ HSDPA netwroks can improve ur speeds by about 50% from say an average of 800kbps to about 1.3Mbps as opposed to using the existing modems, not to talk of when you now use an HSPA+ modem with an HSPA+ network.

A good test might be for those using the samsung galaxy S2 which has HSPA+ on Etisalat, perhaps they can tell us how much faster it is?

Hi guys,

I'm looking forcheap Huawei HSPA+ modems, so that I can really enjoy the benefits of Etisalat's Easyblaze. I am currently using an Etisalat sim on a Glo HSDPA modem with max dowlink capacity of 3.6Mpbs.

There is nothing wrong with it, but keshi is actually a terrible footbal commentator. I was alsways cringing when he spoke during the world cup!! Boy was he poor, i'm wondering wht super sport is bringing him back.

I don't see anything wrong with taxing non church activities of churches. We Nigerians are so double minded!! We want the gains without the pains. Go to UK and see how much tax they pay, which is where the money to make the developed world what it is has come from for centuries.Why should a church run a printing press to publish lots of books for the GO, who then makes lots of profits and not pay taxes?? Since when did operating a printing press and operating a church become synonymous!?

There is no doubting that the taxes we pay in Nigeria are a rip off. I remember when I was in banking, my salary was like N180k a month then, while my tax was like N7k. That is a rate of less than 5%!! Where in the world do you find that? No doubt we were happy that the bank was able to "manage" the tax, but the truth is that it is just a fraud!! Though I hear Fasola has clamped down on the banks now and the tax they pay now a days is more like it should be.

There is too much money being spent on Abuja. The ruling class is just catering to themselves. What about the rest of us who don.t stay in Abuja.