COMPAQ's Posts
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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"). |
Na lie them lie, ![]() |
, not to mention that people with no qualifications wereadmitted once they can just pay money. I recall that it was N25,000 or so in the 90's. It was all over the news. Also, OSU was reputed at some point to have the worst student/lecturer ratio of all universities in Nigeria. In 1998, economics in 100 level had about 500+ students, yet, the largest hall for lectures in SMS couldn't contain more than 100 students, |
stormm:All of the above, when I was there we were sharing Abusi Edumare school with Secondary school students as a campus. Does that make sense? Not been there since 2006, but even the permanent site was not much to write home about. And the quality of lecturers, particularly in social sciences was particularly bad. |
Abayomin70:Abayomin, I graduated from OSU over 10 years ago and I'm an indigine of Ogun state, so I do know what I'm talking about. OSU was a pretty difficult and crappy school then and apparently it still is judging by the quality of your writing. Strikes have been with us for over 20 years now, so the issues go beyond this current set of Governors. Of course OGD can do much more for OSU, but the education sector need a COMPLETE overhaul and both sides (govt and ASUU) need to conceede some ground. ASUU is becoming part of the problem instead of part of the solution. |
Dede1:Dede, go easy on the guy. I think he has been taken a little out of context and regardless, it's certainly no reason to engage in such insults.It's sometimes a little difficult to get one's thoughts to flow perfectly on paper. I think what he's trying to say is basically the lack of support for one another in Igbo land. For eg I've been in east now for 4 years and I haven't seen many places where residents have resident associations among the ibo dominated areas. However in the west, most areas have resident associations, where policies are put in place for common protection and convenience of residents. Incidentally, the estate where I stay here is populated mostly by yoruba's and we have a resident association. There is just this thing about communal living which the SE people (for whatever reasons) don't seem to have or have abandoned. Unfortunately, that system helps. |
My Thoughts: I agree that SE is not necessarily the poorest zone, but an issue it has is that everything is too informal. Everything is too informal because of the lack of emphasis on education in years gone past. Rather than go to school, every young boy was with someone else in Aba learning trade. Now this same mass of uneducated is coming back to haunt the SE. Because nothing is formal, there is nothing to tax and therefore no IGR. Also the lack of a critical mass of well educated people meant that the successive governors have been more of traders than intelectuals (orji uzor kalu is a good example), so they have not been able to articulate any useful policies to further develop the SE. See what educated and sophisticated governors can come up with in Lagos, Cross River and to some extent Rivers. Afterall, does it take a genius for Anambra and Delta state to come together and build a new bridge across river Niger?? Just issue a N50bln bond, build another bridge further down with associated roads and toll the bridge. Simple!! But if there is nothing upstairs, !! Look at the mess of Aba. It is filthy, unorganised, hectic etc. How on earth can a spare parts market be 3 feet away from an expressway!!!If it were cleaned up and organised, it could have developed so much more that it would have been booming, but because of a trader governor who grew up in the midst of such chaos, and is not intelectually sound enough to come up with a vision for Aba, nothing has been done. I personally will NEVER leave PH to go buy anything in Aba - and that is money lost!! On the other hand, see what Fasola did with Oshodi!!!! I think education is the key. But it will take along time to restore the SE and the psyche of the people need to be re-orientated and that will take another generation maybe, but if the SE can find intelectuals to lead it and provide vision, the time required to regenerate the SE can be significantly shortened. |
Not that I'm such a huge fan of OGD, but is he such the villian we are making him out to be!!? Naija is such a funny place that he may have so many enemies simply because he's trying to do the right thing and those who want the status quo to remain are just creating unending bad press for him. I've learnt not to believe anything i read in the papers without logically thinking it through for myself. We had a similar issue with the "renessaince professionals" lambasting CBN governor everyday in the papers. It got so bad that people began to complain about sanusi and insult him in many forums (nairaland included), yet she took a plea bargain of guilty and gave up N190bln. Now Sanusi seems justified. Would an innocent woman with resources to spare for an unending law suit plead guilty if she wasn't and taint her name forever!!? I've learn't that in most cases we don't have enough facts to dispassionately judge issues in this country |
Funny enough, I came to this section to post a similar thing. Like u said there are lots of companies that offer these services, but you never know who is a fraud and who isn't, though the fraudsters could equally come here and post lots of good stories to con people into believing that they offer genuine services, but at least it's a start. |
Nope, no improvement noticed!! |
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