₦airaland Forum

I seem to remember these pictures from last year!! I won’t be surprised if this is a fake post.

koladata:
The solution to security of any country is cctv camera , USA has millions of it , UK has millions of it , Nigeria has zero .

And when you talk about it here, Nigerians will say boko haram will first shut the camera down . who told you they don't shot it down in usa and uk , but if you have enough , how many will they shot down before they are being caught.

And what happens to mounting security operative to monitor cameras 24/7 like they do in the western countries

Put cctv cameras on all the high way and let me see where the kidnappers goes after they kidnap people , lets see if camera is not there

Who says BJ comes on the highway? So we should put CCTV in the bush? Not a well thought out idea.

God1000:

https://www.youtube.com/watch?v=2-PBGDiGfSQ?si=2UkimEqAO-dxZ55D



https://saharareporters.com/2025/01/06/breaking-boko-haram-attacks-nigerian-army-base-borno-kills-several-soldiers-burns?

Still find it strange that Army bases are attacked. There should be at least 20 men fully armed on patrol at night. With simple drones with infrared capabilities, they should be able to maintain situational awareness over any approaching people from up to 1 to 5km away.


But then again too many of our military guys are stark illiterates. And even the senior ones who go to defence academy aren't much better. After all Buhari did and was woeful as CinC.

God1000:
This is sad, I wonder how these terrorists continue to launch such successful attacks against our soldiers, it seems intelligence gathering is zero because our soldiers are supposed to have advance knowledge and be prepared


I think the federal government should stop the rehabilitation program for the repentant terrorists, they should be killed immediately


Rip to the dead and speedy recovery to the injured

Na so advance knowledge easy?

AmazingGenius:
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has justified its earlier request that the Federal Government authorize a N100 billion intervention fund to help stabilize the petroleum products market and make them more accessible to Nigerians.

Dr. Billy Gillis-Harry, President of the association, spoke on Arise TV’s This Morning Show on Monday about the urgent need for financial intervention to offset the high cost of business operations in the sector.

“The request for N100 billion intervention was requested because it is going to cushion the cost of money in our business. And that will make a long way to make petroleum products available and affordable to Nigerians.”

He further elaborated on the source of the proposed funds, emphasizing that the intervention could be integrated into the federal budget.

“Every year, there’s a budget, and this N100 billion is just a small fraction of it. It’s going to significantly ease our operations, especially considering that the current cost of money is between 36 and 40 percent,” he stated.

The PETROAN president stressed that the high cost of financing has placed immense pressure on petroleum product retailers, which directly impacts the prices that consumers face at the pump. The intervention fund, he argued, would provide the necessary financial relief to ensure a steady supply of petroleum products at reduced prices.

Dr. Gillis-Harry also appealed to the federal government to prioritize the request, emphasizing its potential benefits for the broader economy. “We hope the federal government will take this very seriously. It’s going to help ensure that Nigerians can access petroleum products at a much more affordable price,” he urged.

Back story

Over the weekend, the group, in a statement signed by its president urged President Bola Tinubu to approve N100 billion grant to marketers to help with job losses caused by the removal of petrol subsidy.

The statement read, in part, “PETROAN request for a grant of N100 billion from President Bola Tinubu to help prevent the closure of 10,000 marketers’ businesses.”

“The request is in response to the threat of job losses that would result from the removal of the fuel subsidy.”

• PETROAN said the recommendations will consolidate gains in the downstream sector.

• According to the association, despite the challenges experienced last year, the sector is poised for continued growth and development.

“2024 was a significant year for Nigeria’s oil and gas downstream sector, marked by deregulation, infrastructure investments, and growth in the LPG market,” PETROAN said.

Source: https://nairametrics.com/2025/01/06/we-requested-n100-billion-from-fg-to-make-petroleum-products-affordable-petroan/

N100bln for what exactly? How does it help you keep products flowing? Which job losses is he talking about? What issue is there with the market if Dangote is fully supplying the market? Who said the product is not available and affordable. They should change their business model to storing products for Dangote instead of storing imported products.

In Nigeria if you no get mind, useless associations will ask for stupid things and politicians who are backing them will be supporting the nonsense request.

DatNiggaDaz:
Their cancellation of the meetings has proven that no Governor aside the Governor of Lagos don't trust Tinubu & his Tax reform.

Their is no trust between the State Governors & the FG.

This Tax reform will be difficult to sail through under the emilokan government because the maladministration has trust, competence & integrity issues

They canceled the meetings because they are just not interested in governance not because they don’t trust the reforms.

tbliss22:
I feel if crude is sold in Naira and not dependant on international price.... also considering open windows to independent refinary springing up left and centre... Considering these factors, there's every possibility for price of PMS to keep dropping

It is already sold in Naira, based on the equivalent naira conversion of the international price at current exchange rate.

There is no way it won't be based on the international price. If it's lower than that price, then it's subsidy.

Celestialsword:
How are the local refineries meeting daily consumption without importation

.

Dangle has said several times that he is meeting 100% of Nigerian consumption. NNPC which was our sole importer before it's no longer importing. If any marketer is importing, it's because he chooses to, not because Dangote doesn't have enough.

Max24:
I doubt this postulations because this will defeat one of the reasons Tinubu adduced for removal of subsidy. In our fuel price is way below international price then smuggling across our bothers by our neighbours continues. We are probably not supplying Nigeria alone but other West African counties.

If our petrol is being produced privately by Dangote, and his price delivers him profit, then taking petrol to neighbouring countries doesn't really concern government. It's not really smuggling, but exporting and is helping Dangote meet the capacity of his refinery and create economies of scale.

Smuggling was only an issue before because government money was inside by way of subsidy.

Westman001:
It better be.

@DemonSlayer, LegendHero and Metrofox you remember I made this claim that time. We argued about it you thought I was being too much.

I pray this doesn't turn out to mouth talk alone.

It is absolutely possible but we hope the greedy folks sulking this country of better life for everybody have their conscience improved.

It's not possible at current crude prices and exchange rate. Stop wishful thinking.

Celestialsword:
The problem lies in the importation of fuel, because the local production can't meet the daily needs of the country.

If all the refineries including the modular refineries are working at full installed capacity they will be able to me the daily consumption of 40 million litres daily consumption of the country

If this is achieved, fuel importation will stop,this will save us lot of foreign exchange and reduce demand for foreign exchange and fuel price will ultimately drop.

Which importation of fuel? Who is importing fuel? Who says local refining is not meeting capacity?

Pluto33:
Source:
https://thesun.ng/fuel-price-may-crash-to-n500-per-litre-marketers/

Stupid analysis! Not sure anyone in The Sun newspaper is qualified to make such analysis of a technical industry like oil and gas. Isn't that newspaper focused mainly on who is sleeping with whose wife in the same compound?

The critical cost component for petrol is price of crude oil. Petrol is only getting to N500, if crude oil drops to like $40 per barrel.

.

thesicilian:
You talk like you're being paid by MTN. How long will you guys keep defending indiscriminate, arbitrary tariff increments all in a bid to "ridicule" the government? 100% increment? Haba. That's besides all the hidden charges that makes a 1min airtime finish in 40 seconds. If I remember correctly this was how you people kept defending DStv those days until their greed spiraled out of control and everyone started looking for alternatives.

Telecoms haven't increased tariff in like 15 years, so what arbitrary increase are you talking about? SMS has been N4 for as long as I can remember.

And my call tariff has been 15k per second for like 10years plus

Seefinish:
That's was how they deceived us with Port Harcourt refinery and yet the price of fuel is still high, and now it is Warri refinery.

The refinery is working doesn't mean the patrol is going to be low. If that's your only basis for accepting that the refinery is working, then you wait forever to believe

Judolisco:
He is correct on the aspect that Nigeria is not only subsidising fuel for ourselves but for the entire west Africa through smuggling.... My point now is, curbin6of smuggling should be on the government, that's your number one job as a government official is securing our borders..... Why should innocent citizens bear the grunt of smuggling? It's very wrong

D only thing Nigerians are enjoying from d government is fuel subsidy

Smuggling occurs everywhere in the world. America with all their money and technology is still struggling with cocaine smuggling into US by cartels.

CodeTemplarr:
They get crude for free so can sell for almost for free.

Stupid comment that shows 90% of Nigerians are illiterate on economic matters. Since when is crude oil free.

Topman7:
This is beyond that.

Dangote just cleaned up the main bowl and fixed the grass to make it manageable.

This upgrade is about bringing the entire stadium to world class standard, with digital advertising boards, world class pitch, VAR setup, upgraded training facilities, velodrome upgrade, 200 room hostel upgrades, etc etc.

A full-spectrum upgrade to bring the stadium in line with global best practices.

These are the sort of things the FG couldn't bring out money for when we were spending over a third of our income on fuel subsidies.

NOW there is money to spend on building the country.

Expect more of such upgrades and projects across the nation in the months and years ahead.

This is something the private sector should be funding. In fact the stadium should be privatized or concessioned.

JAOS:
On Data that runs fast

Your people won't menage apps on your phone found auto download and update but you'll be complaining about your data disappearing!

yoruboid:
Despite being one of the latest bridges, it is one of the most vandalized bridges

Now adding all these amenities will make the bridge a more valuable target

I just hope the FG will ensure the surveillance is 24/7 because we know what these guys are capable of

Ordinarily, they don’t deserve anything more than a wooden footbridges

Securing the bridge isn't rocket science. Even with the CCTV, put three teams of mobile police on both ends of the bridge and one in the middle. Give them night vision binoculars to look in all directions. Give them a small drone with night vision and infrared that can stay airborne for 1hr. And tell them they will be held accountable for any vandalism on their watch. And give the team lead of each of the 3 groups walkie talkies so then can communicate. Shikena

All of this can't cost $5k extra. The police and their vehicles and weapons are already existing.

Bluntemperor:
•Always have it at the back of your Mind - that without Constant Lights 🚨- •there;No-Industrialisation in Nigeria,
-No Engineering Works,
-No Space 🌌 Exploration of any.
•For it is only when the People gets Light Non -Stop,that Real Development,Real Research and Development can take place,as with Other Develop Countries.

7-00
Of course I know that. Doesn't mean it will be cheap though. But cheaper than gen sha.

yoruboid:
Now Yorubas about to show them how a corporation should be run

Soon, Lagos will be generating 4,000MW and the SW will be doing 20,000MW

More FDis, more industries, more jobs, more revenue

God bless Yorubaland

Story. 20,000MW will require like $30bln. Where's that coming from?
Only Lagos can go it because it's viable. Other states aren't financially viable.
Just be ready for electricity of N300Kwh in Lagos.

cr7lomo:
Close mouth...u think we are in 1884 .... look at degenerates defending their fellow degenerates... why don't u also elect a president or a bank ceo or Nnpc Ceo with people that can't speak English..... Nigeria is an Eglish speaking country and its our first language... a governor that can't even read figures .... and some wonder why the country isn't working ... imagine hosting a tout ... the yorubas has destroyed this country to their shameless level

Tout hosting tout! Birds of the same feather flock together. Why didn't MC visit Obaseki? Obaseki won't come close with a 10foot pole

jmoore:
How will inflation rate decline, when the factors of production are still at high price?

Will you sell petrol at 300 naira per liter?
Or it will happen with babablu magic?

The main reason for the inflation was the devaluation of the naira which made imported products and imput for production more expensive, as well as the the removal of fuel subsidy which made logistics costs, which factor into the final products price more expensive. Once those can be stable in the course of the year then price increases should stop and inflation slows down.

At least bread has been N1700 in Ebeanor for like 4 months now.

And Titus sardine actually went down from N2k to N1.9k. if Naira is stable during the year and petrol and diesel stable, there is no reason for them to go up. So year on year inflation will drop

robosky02:
https://dailypost.ng/2024/12/17/osimhen-lookman-named-in-africas-best-x1-for-2024/

Amrabat ke?

Nigeria should be hosting the CAF awards next year. We have a spanking new National Theatre in Lagos. Let's put it to good use and boost our national image!

Zonefree:
Your mind is inconsequential, keep it to your miserable self!

Nairaland is a public forum for anyone to say what's in his mind, so you didn't get to tell him to keep his opinion to himself!

FreeStuffsNG:
Smh. This is falsehood. Fox is the equivalent of fake news platform in Nigeria. A lot of ignorant people with low self esteem will swallow and believe this fake news. Fox News report on economy. Smh.

That country called Argentina is in deep mess so much that it's public service and economy is in utter mess.

You don't achieve deficit by cutting off the salaries of workers and improvishing your citizens when great nations like Nigeria are increasing salaries and providing direct palliative to support the vulnerable members of the society.

You cannot have a war without collateral damage.

Ina crisis, economic remedies will have dire consequences for some people. That is the reality.

Same way our own economic remedy of subsidy removal on petrol and forex has had its own consequences. And really to balance the budget in Nigeria (which we need to do by the way ) means many people will lose their jobs because no one can deny we have an over bloated civil service.

Habbeyy:
Adelabu should humbly resign or Tinubu should give him another portfolio that fits him

There is no magic anyone will do on electricity.

The main issue is that its underpriced. And even when priced appropriately, electricity theft is humongous. And we have had chronic underinvestment in the last 40 years because of these issues. So we are starting from scratch!

CodeTemplar:
At what cost?

1MW of solar capacity cost approx $1m and we know renewables are generally more costlier than fossil fuel tech.

Bro! You are outdated o. For the past few years new, the cheapest form of new electricity is grid scale solar and wind. Gas fired comes third.

https://www.visualcapitalist.com/sp/americas-cheapest-sources-of-electricity-in-2024/

Building for rent is the dumbest thing anybody in Nigeria can do today.

The only place it makes sense is Ikoyi, Banana Island etc

SUPERPACK:
You forgot that the building still belongs to you plus the rents coming in. Add it to real estate appreciation and that building will be valued at minimum of 100 million naira in 10 to 15 years time. Add it up and total value from that house in that 35 years will be about #170,000,000.

Meanwhile if you invest in 10 year FGN bond of 22% today and you can reinvest the interest at 22% as well, in 10 years you will have N584mln. Cos your money will double every 3 years or so.[center][/center]