COMPAQ's Posts
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Asawoboy:So holding each other in a pool equate to love making?? |
Ferdinandu:If it goes to the officers, then in all likelihood you haven't paid the fine, but a bribe, cos it will have been negotiated lower. Eg if the official fine is N20k and you paid N5k, you've paid a bribe, not a fine. If the official fine is N20k and you paid N20k to the police officer on the spot, then you might as well have paid to the official channel, cos what was the point of paying the police guy cash, knowing fully well it enters his pocket and you save nothing - except maybe time and convenience. But it that's the case then you are part of the problem in Nigeria. |
PoliteActivist:If its not recorded anywhere, then how do you expect it to be part of this official statistic!! |
COMPAQ:Even Ibadan that I drive from challenge to UI, through ring road to mokola to sango to UI took less than 30mins. Not a lot of traffic in Ibadan, particularly with petrol at N600. Yet the governor is also doing ring road!? Meanwhile the construction company is his company - Craneburg Construction. |
COMPAQ:Nigerian governors need to be a lot more creative! This bandwagon thing isn't helping. Once one governor did fly over, all governors are doing flyover! One governors does airport, all of them want to do airport! One governor does ring road, all governors want to do ring road! The shallowness of our leaders is shocking!!! |
AngelGabbyShara:Erhm.... How much traffic can there possibly be in Ado Ekiti!!? |
VikingKing:Those hips na die mehn!! |
Blakjewelry:We import fish because Nigerians like easy business. That's why we don't make anything! We like to trade rather than manufacture. Trading is relatively easy and stress free. Just buy, import and sell. Also Nigerians don't typically dabble in businesses that require a lot of hands on management, discipline, and more operational expertise to manage inventory, cash flow, working capital etc That why when we have small money we open hotel, barbing salon, build house for rent, sell cars etc But most of the fine dining restaurants in Lagos are owned and operated by Lebanese. |
casualobserver:Well I agree wit you that Oil and Gas is really a small part of our GDP. The reason why it plays an outlandish part in revenues and more so in forex is that a lot of economic activity is informal and unstructured and therefore untaxed, so they don't contribute to government earnings. Think estate agents that operate in the grey economy and don't pay taxes on agency fees, sales commission earned Think all those who sell in our markets that don't file any form of tax return Think all those other informal sectors (barbers, welders, carpenters, hair dressers) that don't file any tax return Even think of musicians, comedians, actors etc that to not file any tax return |
casualobserver:Just to point out that almost all oil companies (Shell, Mobil, Chevron, Agip, Total, Eroton, Aiteo) are not listed on the stock exchange, hence why they wouldn't be on this list. |
SoNature:Check the production in those states first before you come and start whipping up sentiment here. None of those states produce any meaningful volume. 95%of our crude comes from Delta, Rivers, Akwa Ibom and Bayelsa. https://www.thevaluechainng.com/list-of-states-in-nigeria-with-the-highest-production-of-crude-oil/ None of those states are even in the Niger Delta. |
babatee90:Absolutely. And the need to go along Ibadan Expressway at Mowe and Ibafo as well. Shops, market and danfo by the side of the expressway has turned it into Lagos Ibadan road.....no longer expressway. How can danfo take over 2 lanes and be loading on an expressway. Nigerians lack discipline. |
ppogba:Its because our President's never have the balls!! too much political calculations stop them from doing what is right. That's how Jonathan and Buhari couldn't muster the political will to remove subsidy. |
Rossikk:Nigeria's economy is 36th largest on account of its population. And by the way with ~220mln people, Nigeria should be in top 20 if we were really a productive nation. However, in all other indices, we are nowhere near the top 150 in the world: access to quality health access to quality education number of out of school children maternal mortality Index of best places to live open defecation employment rate purchasing power parity poverty rate and many many more |
GuruboiNaija:You have removed just a minute few obstacles Sir. Amongst the obstacles that remain: 1. High level corruption in all spheres of government (Lagos and Abia are case in point) 2. Serious government bureaucracy at all levels 3. Transportation nightmare into Nigeria (inefficient ports, airports, clearing procedures etc) 4. Transportation nightmare within Nigeria (terrible roads, terrible aviation, no trains, no proper inland waterways) 5. Insecurity (though that seems to have improved in all honesty) 6. Insufficient electricity 7. Poor internet connectivity across the length and breadth of this country. |
ivandragon:This is a phony article!! The indicators given are not necessarily the result of national bankruptcy. Even when we were producing 2.2million barrels of oil and e-rate was $/N365 and we had trade surplus, was unemployment not high!! In all my adult years, its only for a brief period (like 1year), where inflation was below 10%. Most of the time it was between 11% and 16%, before this continuous spike to 27% in the last 4years. |
uuzba:Go to America and blow someone head off because he bullied you and you have a gun and see where you end up!! |
Left to me if I was President, I'd get all social media operating in Nigeria to require all accounts registered to Nigeria to re-register with their NIN and their phone number. And of course across the entire platform, a NIN and number can be associated to only 1 account. For corporates, their TIN would be required, while for Govt agencies, those could exist as is. This way fake news can be better managed. If you were talking to your office colleagues, you wouldn't just talk senselessly. So why do people do that online? Just because its a faceless and nameless place. Well having those details would enable fake news to be easily traced to the first sender. If you want to say anything online, one should be able to say it with their full chest and accept the consequences!! |
Kenmatt:That was my first thought as well!! |
lexylaw40:See the massive houses, but see the tiny road. Not sure it can take 2 cars side sef. Clearly one of those rows of houses have encroached on the road. |
Mayorking07:We've tried Siasia, Oliseh, Keshi and Eguavoen (twice or thrice). Which other Nigerian coach remain? And to be honest asides Keshi, none of them did any better. I always said we would regret getting rid of Gerhut Rhor. Under him, for the first time since Westerhof, I found watching Super Eagles entertaining. He had his problems no doubt, which was mainly inability to react to games with timely substitutions, but Super Eagles played well most of the time. This Peseiro is terrible! His record with Super Eagles is one of the worst in the last 4 decades or so. |
Botragelad:If the ship is Israeli then not a particularly good idea. Isreal will not negotiate and they will Strom the ship with their forces. Isreal would prefer some collateral damage to being arm twisted!! |
The largest single site solar farm in the world just came online in the UAE! Some facts about this project: It reached financial close in 2020 It’s capable of producing 2000MW (that’s 40% of Nigeria’s entire electricity generation) It’s expected to deliver electricity at $0.013/KWh. Even at $/N850, that’s circa N11/KWh. (Note, that’s not necessarily the final cost to consumer due to transmission and distribution costs) It cost circa $1bln. https://masdar.ae/en/news/newsroom/worlds-largest--single-site-solar-power-plant-inaugurated Now the question is, what are we doing in Nigeria? I’m not even suggested that the federal government should put up that kind of money. With private capital we should be able to deliver a similar project, even if not as big as this. A 300 MW solar power plant should be doable in say Plateau or Nassarawa state. And it could be delivered in 3 to 5 years if we were serious! One of the benefits of solar is that it helps with the electricity generation mix, which is currently too reliant on gas. Another benefit is that unlike thermal plants that rely on gas, which then require a lot of opex for the purchase of gas, a solar power plant has no fuel costs, therefore it would help to bring down the average cost of a kilowatt hour of electricity. |
sukkot:So the question is that is it the Nigerian people that are hard working or the western system forces them to work hard because there is not hiding place? I think it's a Bit of both. Nigerians in the last 30 or so years have been devastated by rapidly increasing poverty and dysfunctional economy which has forced the culture of cutting corners on us. Same reason why prostitution (hookup, runs etc) is so rampant now. Nigerians no longer believe as much in hard work or personal integrity. Too many Nigerians try to be 'smart' and game the system when they can. And this applies in both private and public sector. But when they are in environments where gaming the system is very, very difficult, they buckle up and work hard. |
plaindealer:It very likely would. By manufacturing in Nigeria t least they had Nigerian salaries that were not impacted by devaluation. Now that they just import the drugs, we pay the impact of Probably USD salaries and overheads impacting the cost of the drugs, converted at a high exchange rate. |
hubcruz:N |
Bliss62:british Airways isn't owned by the government. Go check. The Arabs have a certain level of discipline we dont have. Besides its possible those airlines are loss leaders to facilitate tourism. We cant compete with the riches of the arab world unfortunately. And before you say isn't it the same oil, check Saudi or UAE or Kuwait oil production relative to their population and check our own. Our population is like 4 times those 3 nations combined, but we produce 1.3mln barrels, while Saudi does 9mln barrels. Then add on top that they have used theirs better over along term. |
ShenTeh:The fact that we have a suit of $1bln doesn't mean we had a good chance of winning it. Besides the court case is holding up investment and development in the field and Nigeria needs the FDI and future production badly. So the government has picked its battles more wisely than the idiot government we had before. |
oyichi:This advice doesn't make sense because it assumes we have infinite crude oil to send to refineries. We don't even have enough for Dangote refinery and existing modular refineries. |
Afro3:Tacky house in my view. Typical Igbo man house. Big, loud, with no class. |
Blaze14k:Dem do, you go complain! Dem no do, you go still complain!! Those who will migrate to CNG will migrate, and those who will install solar will install. If not that I'm in a serviced estate, if I were living in my own fully self contained house, id definitely have solar on my roof by now. However, if public electricity is like 18hrs a day, then just inverter makes sense to bridge the gap. |
Alusiizizi:And a mistake we are making in Nigeria is that we assume cement roads to be maintenance free! No road, be it bitumen, asphalt or concrete is maintenance free. The enemy of any road is still particulate (sand, gravel etc) on the road and pooled water. A concrete road may need less maintenance, but it doesn't mean zero maintenance. |
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