COMPAQ's Posts
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What we need is not a refurbishment. MMIA needs a BRAND NEW terminal building. For goodness sake, Heathrow has up to terminal 5 and the terminal I used last had about 12 carousels!! It is amazing that we have only about 3 immigration stamping points at MMIA. If 2 flights land around thew same time, see queue!! And rather than the silly immigration guys working swiftly, ther will even slow you down the more to ask you for "wettin you bring come? Even if na perfume I no mind", shocking!!!! Nigeria is an embarrasment to Africa!! Giant indeed!! |
The sooner the better if you ask me!!!! |
The Federal Government has invited prospective core investors to express interest in the eleven distribution companies unbundled from the Power Holding Company of Nigeria (PHCN), according to the Bureau of Public Enterprises (BPE) which has published advertisements in local and foreign media to that effect. The core investor sales to be carried out through international competitive bidding will cover services of all 11 Electricity Distribution Companies in the country. They are: Abuja Electricity Distribution Company Plc; Benin Electricity Distribution Company Plc; Enugu Electricity Distribution Company Plc; Eko Electricity Distribution Company Plc; Ibadan Electricity Distribution Company Plc Ikeja Electricity Distribution Company Plc; Jos Electricity Distribution Company Plc;Kaduna Electricity Distribution Company Plc; Kano Electricity Distribution Company Plc; Port Harcourt Electricity Distribution Company Plc; and Yola Electricity Distribution Company Plc http://tribune.com.ng/index.php/news/14664-fg-seeks-investors-for-11-power-distribution-companies |
While losing a job is obviously a very painful thing, the article CLEARLY says that those who lost their jobs were the aged, unfit and those due for retirement, so what on earth is all the fuss about Nigerian's seem to be so frustrated that they are looking for ANY opportunity to vent anger at ANYONE perceived to have caused them injustice.Construction companies employ a lot of contract staff because they will not need such people if there are no construction jobs to do, so if those are the people they sacked what should JB have done? Keep people that are doing nothing? And even if they were full staff, they were aged, unfit and due for retirement anyway. They should move over and go and rest and let their children, who will be more productive, enter the labour force. JB undoubtedly is the best construction company in Nigeria. Roads like Awolowo road ikoyi, Oregun road in Lagos etc have been constructed almost 10 years ago with no single pot hole since then. Which other construction company has built a road in any state that lasted 10 years. JB is not father christmas and cannot keep staff who are unproductive. I wonder how many of us shouting will keep a 65 year old driver who is likely to sleep off on the steering or drive you into a ditch because of poor eye sight. We just like to make a fuss of everything in this country instead of thinking logically and dispassionately. , having said all these, that is not to say JB don't have their own issues o! But that is for another post. This post has to do with sacking of unfit, aged and about to retire staff!! |
I look at this country and I just feel sick and disgusted at times. We are like mad men in a jungle just roving round and round with no aim. The country is making no headway in ANYTHING and nothing is happening. What has to happen for the citizens of this country to begin to push back?? We just moving the wall further back when our backs get to it. I am really worried for this country!!!!!! |
As far as I know Akala is one of non performing governors in the west. Unfortunately, Oyo state has never had a performing governor because even Rasheed ladoja and lam Adesina were not much better, which was partly why AD were not able to hold those states. The only thing that has changed in Ibadan since 1999 is the dualisation of the Sango-Mokola-Ui road. Other than that, Ibadan is EXACTLY the same as it was over 10 years ago. I don't think the other road he started dualising about 4 years or so now ( the iwo road roundabout- monotan road) has been completed yet. The guy is horrible. Totally bereft of ideas. Like the writer said, he just copies what others are doing and does a very horrible job at the copying sef. |
Also saw this online and thought it might be useful to the discussion: http://www.boston.com/business/technology/articles/2010/12/09/taking_4g_to_the_track/ Regards |
@Edoyad, A lot of telco's in the states (Sprint, Verizon, AT&T etc) are all advertising 4G, but many parts of the scientific community is saying that what they are advertising is not really 4G as such, just that they have found a way to significantly enhance the current data throughput to achieve better speeds. A move from 3G to 4G should signal a significantly different way of handling the data that makes it much faster, not an enhancement. That is why some schools of thought say that 4G doesn't really exist. |
@ Hercules, I feel you there. I agree it can't be as keen, but competition is competition, whichever form it takes. If I want to set up a 1000Mw plant, I will have to ensure I use the best technology and processes to ensure that I can sell my power to PH DistCo at say N11/Kwh because I know that currently PH DistCo has a 7 year contract to purchase from say PowerGen at N15/Kwh. |
hercules07:They are indeed 2 different sectors, but the CONCEPT, PRINCIPLES, BENEFITs and in some cases CONS of private ownership and competition are the same everywhere. The amount of investment required does not matter. Even when selling akara, competition comes into play. For eg ,if there is only one akara seller on my street, everybody may flock around her even though her akara is not that good and the price is high. But if someone else wants to sell akara on that street, he will either have to sell tastier akara , reduce the price or package it better. The CONCEPT can be applied in ANY sector. |
playah P:The competition wouldn't play out exactly the way it does in telecoms. In power, the distribution company serving PH would at least be able to purchase power from the cheapest power generator. |
To be honest, I don't see too much of a big deal here. Corporate espionage happens everywhere. Asides from Shell, do we honestly think Mobil, Chevron, Agip etc are not gathering data on Nigeria?? If you had investments of $10bln in Nigeria wouldn't you protect it as much as you could? Or like someone said, do we think Dangote, Otedola, Dantata and the Banks are not connected in ABuja? I have a former colleague in Banking who was seconded to Minister of State for Finance (Remi Babalola then) as Special assistant, special assistant for what purpose. The real issue is not with Shell for trying to gather information to protect its investment, but the issue is with government for allowing it to succeed so easily!! And that doesn't surprise me considering how incompetent our leaders are. |
@ 1025, forget this issue of Nigeria being an "oil rich country". For how long will we continue to call ourselves rich, giant of Africa etc. At the very least we might be "oil rich", but Nigeria isn't really rich. 2 million barrels a day at $80 seems like a lot, but amongst 150million people!! Look at it this way - in 1975, Nigeria was probably doing the same 2million barrels at the same $80 dollars, with 55million people. And then consider again that then we were exporting tin, bauxite, cotten, groundnuts, cocoa, palm oil, timber etc. Also consider that N1 in 1975 terms would buy you what N10,000 will buy you today. That is partly why we can't maintain the same standards as we had in the 1970's. In real terms (when you consider inflation), Nigeria is earning less (gross) and even far less per capita (due to population explosion) than it was earning 35 years ago. And having multiple sim cards is not an issue. They cost next to nothing so if a telco comes out with a better price offering, you buy that sim till it makes more sense to use another one. Lot's of people in the UK are also switching to Lebara cos its cheaper. Why you don't need multiple sims there is because you can do number portability. The guys abroad chase after the best deals just as we do, !! |
yodiyokun:No doubt, privatisation is not the solution to everything, but since our government has ben proven since 1980 not to be able to efficiently run ANYTHING, we have been left with no choice but to find those who ill have astake in ensuring it is well run. |
samir101ng:I think Glo is lying about the capabilities of Glo 1. I suspect they are having some sort of serious unenvisaged issues with that cable cos why has it taken so long from landing the cable (Oct/Nov 2009) to launching it (Oct 1010) and even after that there seems to be minimal impact. Meanwhile, Mainone landed and launched within 2 months and on MTN their is definate impact!! Something is definately amiss!! |
okooyinbo:hahaha, "pass my neighbour" is the tiniest generator that gives just about 700watts |
Me sef I tire o!! But seriously, the internet can only be as fast as it's weakest link. I recall reading about At&T who had a reputation for poor service on their iPhone service in Manhattan (New York) and I read that they had to acually upgrade every base station on the island to improve the service. SO what I'm saying is depite the fact that there is Glo1 and Main1, the telco's will actually have to go and upgrade individual base stations to enable them transmit and receive data at faster speeds. All said and done though, MTN really seems to be the better network. But both of them can be very good and fast if you are lucky enough to stay close to a base station that may have been upgraded. For eg I have experienced and seen comments on NL alluding to the fact that Glo is very, very fast in Lekki. that is obviously for 2 reasons. First of all the high and mighty who can afford the most expensive bundles live there and their Glo 1 landing station is also in Lekki, so it would have made sense to upgrade the base stations around there first. |
okooyinbo:Quite right that we are not getting enough value for money right now, but everything is a process. At least in the telecoms sector we are are moving swiftly in the right direction, unlike power where we are barely moving at all, and we are not even sure of the direction. Part of the reason why our Networks are so congested is because the pent up demand for phones was so huge that we have almost 80million people using the GSM networks as their PRIMARY and ONLY phone. In most other countries, even in SA, land lines are still very relevant and carry a lot of traffic. Everywhere else I go abroad, people use their mobiles only when on the move. When they are home they generally use land lines because it's cheaper, on the other hand because over here land lines don't even exist, we use mobile phones ALL the time adding to "unnecessary" congestion. Besides, we actually talk too much in this country, jeez!!! In the London underground, people are generally quiet, just bring that here, you will see noise!! |
Some useful and insightful reading. You may not necessarily agree with it though. http://wayforwardnaija..com/2010/07/nlc-and-labour-unions-always-in-our.html http://wayforwardnaija..com/2009/04/nigeria-plc.html Happy reading. |
1025:The incompetence of our government is exactly why we need to get them out of operating businesses in Nigeria. Due to the excesses and largesse of our government during the oil boom of the 70's, we have all grown up with the concept that Government exists to give us roads, electricity, houses and put food on the table. Even in communism, government does cannot do all of these. And since we are supposed to be operating a capitalist economy, then these things are not supposed to be directly provided by government, but indirectly by providing an enabling environment for private enterprise to thrive. We all point to UK,US, Germany etc, but in all these countries power, petrol, and in some cases roads are privatised, because as corrupt free as those countries generally are, even they have decided that these businesses are far more efficiently run by the private sector. The labour unions will to argue that prices will rise, but has anyone accounted for the indirect costs of using generators? Like someone said the costs associated with unsteady power are difficult to account. There is the direct cost of buying a generator, then the cost of buying fuel and engine oil, then the cost of maintenance and servicing, the cost of spark plugs and batteries. Then u also have the health costs of noise and breathing in toxic fumes (most of these costs will come in later years by way of deafness and lung cancer/tuberculosis) not to talk of the cost of loosing a breadwinner who might die of carbon monoxide poisening. One also has to consider the mental costs of the anguish PHCN causes when they take light when Super Eagles is about to score or the costs of the depression and frustration PHCN causes a housewife when she discovers that N6,000 worth of food she put in the freezer has gone bad because light has not been available all day while she was at work. By my estimate, the cost of running a 5Kva gen is about N45/Kwh. It is very unlikely that privatised tarrifs will exceed N25/Kwh. As far as the poor go, about 50% of Nigeria live in the urban areas now and I doubt that there many people who don't at least have a "pass my neighbour", at least I have seen people staying in bacha's that use "pass my neighbour", and people who stay in bacha's are amongst the poorest city dwellers. Therefore if they can afford to use "pass my neighbour" with the high cost per Kwh, then it would still make more sense to them to pay for electricity at even N20/Kwh. people will pay for what is important to them and trust me stable elctricity is important to everybody and a survey has shown that Nigerians from all works of life are willing to pay higher for more stable electricity. I have been saying it for some time now that our Unions are not looking out for the interests of you or me who don't directly belong to the Unions. They are only looking out for themselves. Eg Doctors somwhere in Nigeria went on warning strike because one of their members was kidnapped. Does that make sense!!!!! How will going on strike bring him back? Govt/Police can only try to find him, but the plenty jungle we have is not easy to search. Are people not abducted in America for 10-15 years before being found? Does it not happen elsewhere also?? Mr Adeyemi should go and sit down. Nigerians are 95% to 5% in support of privatisation of electricity supply. Even if it is expensive, I will cut down on other expenditure to pay for it. It might be a good way to get some people to stop drinking of smoking sef, if they have to cut doen to afford the electricity. |
The increased competition in the internet space is really welcome. MTN is indeed the fastest over all and I have used Etisalats EDGE and can also confirm that's its reasonably fast. We can still do much better with internet speeds and competition is the only sure way to get the operators to up their game. At least, to attract customers, Etisalat will have to give us a better 3G performance and that can only bebetter for the Nigerian consumer. |
Glo is crap!!! In Ph at least anyway. I have not been able to browse in 2 weeks now. |
Is it really much of a reduction by Airtel? I guess they have figured that the average conversation is about 2 minutes. The blended effect of 60k/sec for 1 minute and 20k/sec for 1 minute results in N24/min which isn't much lower than current rates. |
Well, to be honest I have noticed some sort of craze amongst campus chicks to own a BB. I have a friend who met a babe and in 24 hours the babe was saying that her phone was bad abd that the guy should buy her a BB. I thinks its just the way some silly fashion trends just become status symbols and everybody wants one. Though quite a number of campus chicks may do "runs" etc to get one, it certainly isn't enough to generalise that all chicks do so just to buy a BB. |
This might sound silly, but is there any title document called "Registered Stamp Duty"? Someone says that this is the title he has. |
lumzi23:Ha!!!!!! Bros I beg, don't switch to Glo oh!! Except you are very sure Glo is working well where you are? I have used both of them in PH, Ibadan, lekki, Festac, Anthony village etc and all said and done, I have come to the conclusion that MTN offers the best 3G service in Nigeria. I have had a Glo modem for over a year now and it's been a year of woe. Right now i'm browsing with MTN, but my Glo refuses to connect or it connects and keeps dropping off!! Stay away from Glo!! |
Learn from us indeed!! Embreer Jets which Arik and Air Nigeria use are built in Brazil, yet we can't even make toothpicks!! What on earth are they supposed to lears from us? Horrible script writing? Or maybe our poor directing skils with scenes that go on for hours? The only Nigerian production that is really professionally done is Tinsel and Moments with Mo on M-net and of course that's only because M-net is involved with it. |
Good luck to Airtel. Lets see what value they can wring out of Zain. In my opinion, Zain is the worst of the networks and if Airtel doesn't invest fast, the company will be bankrupt by 2015. Why do I say so? It is obvious that the internet and other services that rely on the internet are the new cash cow. Voice and text are slowly reducing in importance and unfortunately, Zain/Airtel has about the worst internet across Nigeria. Besides, the company was built on huge debts and I understand they have been making losses, yet MTN makes sizeable profits in the same market. |
Djcn: |
For those who have the misconception that University education is free everywhere else except Nigeria, please read this. The poor quality of the university education is a function of what we are willing to pay for it. Thousands of students marched through London, on Wednesday, against plans to triple university tuition fees, and some tried to occupy the headquarters of the ruling Conservative Party, in the largest street protest yet against the government’s sweeping austerity measures. Organisers said 50,000 students, lecturers and supporters were demonstrating against plans to raise the cost of studying at a university to 9,000 pounds ($14,000) a year, three times the current rate. Violence flared as a handful of people smashed windows in a high-rise building that housed Conservative headquarters, as others lit a bonfire of placards outside the building. Office workers were evacuated as several dozen protesters managed to get into the lobby, chanting “Tories Out,” while outside, the police faced off against a crowd that occasionally hurled food, soda cans and placards. “We are destroying the building just like they are destroying our chances of affording higher education,” said Corin Parkin, 20, a student at London's City University. Protest leaders said they would attempt to use recall powers to oust lawmakers who break campaign promises on the issue. While British tuition fees are modest compared to those at some US colleges, British universities are public institutions. http://tribune.com.ng/index.php/news/13413-students-protest-tuition-fee-hike-in-uk My solution to resolving university crisis in Nigeria is below. Please note that it is not intended to assume that this is the only workable solution. http://wayforwardnaija..com/2009/10/nigerian-university-system-which-way.html Enjoy. Comments are welcome. |
Zain is on the verge of dying. I doubt if zain can last the next 5 years. Nothing seems to coming from Zain by way of new developments. I've not been able to browse on my zain line for about 2 months now. Their BB is the worst, their website is awful, they can barely afford to advertise etc. The poor state of their books is obviously why it keeps getting sold. |
I doubt Buhari can win a free and fair election in this country. Even in the North, his so called support base is rather weak. He is not elequent enough and has never been able to really articulate any vision for this country that i've heard of. Neither is he charismatic enough to galvanise people who'd rather just vote for the govt in power to vote for a change (trust me there are millions of people, especially in the rural areas who vote for the incumbent because they don't want their votes to" waste"). |
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Nigerian's seem to be so frustrated that they are looking for ANY opportunity to vent anger at ANYONE perceived to have caused them injustice.