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Politics › Re: National Electricity Transmission Grid Restored - Bayo Adelabu by COMPAQ(m): 3:07pm On Sep 15, 2023
softy:
There is no light at Abule Egba, Ipaja Ayobo, Ahmadyya area right now as I speak. If Grid has been restored, why is there no light till now?
Pls, tell us if you have light right now in ur location.
Its back in Lekki since last night.
Politics › Re: National Electricity Transmission Grid Restored - Bayo Adelabu by COMPAQ(m): 10:40am On Sep 15, 2023
GO0DHardDick:
Ordinary 24/7hrs light that other countries such as Ghana, south Africa, Egypt, Tunisia etc are all enjoying, Nigeria cannot boast of any!!!

What a very useless country. To make matter worst a drug lord has ascended the highest seat in the land. I trust Atiku to drag the USA Court to release Tinubu's documents! Werey presented forge certificates to inec and yet he was sworn in. Corruption pro max!!!
If you read the news, especially international news, not social media, you'd know that South Africa is suffering from terrible outages which has steadily worsened in last 5 years. Based on my friend in Jbourgs load shedding schedule, the light i get in Lekki is currently is better than what he's getting.

Politics › Re: National Electricity Transmission Grid Restored - Bayo Adelabu by COMPAQ(m): 10:37am On Sep 15, 2023
OBIDIENTNAIJA:
Only if our useless leaders can acquire working brains for once. The moment they make electricity available 24hrs jobs will spring up everywhere. Many industries will employ more people and there will be pay rise. With epileptic power supply, those hopes are dashed. Only few people will be employed cause of the cost of running on diesel and fuel.

Those importing generators are the brain behind this nonsense. All for money. Money they won't spend when they die.
Indeed the heart of man is wicked.
🙁🙁🙁🙁🙁🙁
Its not that simplistic! Nigerian's often take the simplistic approach that doing one single thing will solve specific economic problems.

Solutions to any economies issues requires a a complex interplay of various factors working in tandem.

Even if we were to magically have 24hrs electricity in Nigeria, what about access to capital, efficient ports for import and export of goods and materials, a well educated and skilled workforce, good transportation networks across Nigeria, sanctity of contract, efficient judicial system , security and many more
Family › Re: DNA Centre Sheds Light On Child Paternity Fraud In Nigeria by COMPAQ(m): 2:32am On Sep 14, 2023
EleventhWeirdo:
Why add ethnic coloration to the stats? Is you head paining you, OP
It's not ethnic coloration. Facts are just facts. Every ethnic group in Nigeria have certain facts about them.
Politics › Re: Duke, Ita-Giwa face-off: I Stood As Contact Person When You Did Breast Implant by COMPAQ(m): 7:05pm On Sep 13, 2023
festacman:
Aesthetically, Florence Ita-Giwa is at liberty, like any other woman, to make effort to look beautiful. Politically, however, there is basically no difference between Donald Duke and Florence Ita-Giwa. They are part of the selfish politicians that keep riding on the back of people of Cross River people to advance political and financial interests since the formation of PDP in 1989. They may change political parties, but their motives remain the same.

What is still baffling today is how Donald Duke, as governor of Cross River State, sunk billions of Naira in Tinapa Project, a project of which he alone seems to understand in the whole in Cross River State because even Liyel Imoke the successor governor he installed abandoned it and successive governors followed suit. The buildings are still there wasting away and he, Donald Duke has not even been able to explain how to put the buildings to use as the one who conceived the project.

All over the world, a massive project as Tinapa comes with a document that shows the plan, the phases, the objectives, cost/benefit analysis, opportunities it offers, scalability, how it will impact other sectors, etc. This helps everybody to buy into the project and successive governments would find it easy to continue or even improve upon. Tinapa looks now like Donald Duke's personal pet vanity project.

Donald Duke should shut the f*ck up.
You are the one who's pretty dumb. Why should Donld Duke be the one to tell them how to use Tinapa. Isn't it obvious that the typical brainless and lazy politicians who don't want to work hard for their IGR, but would rather go and share money in Abuja!!

Donald Duke did wonders for Cross Rivers and future dumb leaders refused to follow suit! What is DD to do?

Calabar was a place slowly but surely All Nigerians were looking forward to going to for the December carnival. My first road trip as a married man in Easter 2009 from PH was to Calabar. We enjoyed it thoroughly. Going to Tinapa hotel, boat ride on the lake, lunch at Marina resort and the in the evening we went for my first ever live performance by Asa at the Studio Tinapa. The shops at the mall too were coming alive. Likewise obudu was brimming with life. Everybody wanted to go there.

Now all of that is dead because of visionless governors and you blame Donald Duke!!

You will forever lack vision then!!
Politics › Re: Lagos Assembly Summons LAMATA Over Non-use Of Yoruba Language In Trains by COMPAQ(m): 9:44am On Sep 13, 2023
PrinceOfLagos:
LAMATA didn't add Yoruba language because it's totally unnecessary
I actually agree with Lagos Assembly on the use of Yoruba.

By the time market women start using it to come to island every day, it will be helpful for the old men and women to understand the instructions.
Politics › Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by COMPAQ(m): 7:59am On Sep 13, 2023
tophempire:
Good morning 🌞
Cutting cost of governance is a good idea, but to what extend??

If you cut cost of governance and you add that workload to someone else will it not slow down productivity?? I just trying to be logical.

Nigeria is a big country and it's not what it take to run Ghana that you'll need to run Nigeria.

On building strong institutions I agree with you. But has the president not been tilting that direction?

I believe time will be fair to us. He wasn't invited to India, he went there and got us $14b then to uae to get another $10b and then Volkswagen may just be on their way back to Nigeria. This will mean that jobs will be available for us the youth.

Since the man said we were being shortchanged by power holdings, I now let my phone get to 5% before charging because electricity is almost constant. Now he wants us to report where there's power outages. Power, road and security is all we need to make businesses work and he's actively working on that. Now tax will be reduce by over 80%.

This are good changes
By going digital and computerized, one person can do what 3 people were doing before.

If you go to our Ministries, you'll see how archaic they are.
Politics › Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by COMPAQ(m): 7:56am On Sep 13, 2023
plaindealer:
Peter Obi also made a lot of noise about unemployment, but he left out the fact that cutting cost of governance means mass layoff and retrenchment and what to do with the retrenched workers.

Cutting cost of governance rhetorics sounds good, but are you okay with the consequences ?
Well, no one can make an omelette without breaking an egg!!

We all know that Nigeria's civil service is over bloated. As you saw from the recent scandal on employment, we have been running employment scams for years.
Politics › Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by COMPAQ(m): 7:52am On Sep 13, 2023
For me its not just about wooing them back. How about paying Nigerians a livable wage that can enable them to buy one.

What's the point of Volks coming back to Nigeria if no one can afford to buy their vehicles? I saw a Toyota Nigeria price list recently and Camry 2.4l was about N47mln!!!
Politics › Re: Seyi Makinde Watched Coco Gauff & Novak Djokovic At US Open Championships by COMPAQ(m): 10:13pm On Sep 11, 2023
Acekidc4:
Makinde leave hungry Ibadan citizens go Watch Tennis for America🤔 But Seyi Why😕🤨
So he should never rest because he's governor abi? He should never go on leave abi?
Travel › Re: Anguish, Chaos, Gridlock Over Int’l Flight Relocation by COMPAQ(m): 4:18pm On Sep 11, 2023
The incompetence and corruption in Nigeria knows no bounds!!!
Politics › Re: Abia: Tribunal Sacks Reps Member Nnamani (LP), Affirms Apga's Ikwechegh by COMPAQ(m): 4:16pm On Sep 11, 2023
politicoNG:
https://m.facebook.com/story.php?story_fbid=pfbid0Agn1qZwz4qYw82X78oPwVdQ8D1oaCMeShV4hZMp2cwWs11gwUXAdwJRaNpje7PLcl&id=100085909577280&mibextid=Nif5oz
How come it seems to only be LP that tribunals are upturning?? This is like the 6th in the last week or so!
Business › Re: Interswitch Launches Google Pay Support On Its Payment Gateway In Nigeria by COMPAQ(m): 12:25pm On Sep 11, 2023
Newyorkitis:
Wetin e mean?
Abi o. Struggling to understand what it really means for the public.!!
Celebrities › Re: Olasunkanmi Saheed Is The Man In Moyo Lawal's Leaked Video by COMPAQ(m): 10:23am On Sep 11, 2023
Maybe he is known male runs guy in the female Nollywood circles. I hear these days single women (and even married women) pay for men to come bang them when they are horney.
Politics › Re: North-East Governors: Traditional Rulers Conniving With Bandits In Our States by COMPAQ(m): 10:21am On Sep 11, 2023
Karemarealty288:
https://www.thecable.ng/north-east-governors-traditional-rulers-conniving-with-bandits-in-our-states/amp
I guess you would call this self preservation!! When bandits are in your vicinity and police/millitary are miles and miles away, the most basic thing you can do is appear to pally with the bandits. Give them what they need for self preservation.
Politics › Re: Air Force To Acquire 2 Aircraft For Crude Oil Theft War by COMPAQ(m): 10:19am On Sep 11, 2023
dre11:
https://leadership.ng/air-force-to-acquire-2-aircraft-for-crude-oil-theft-war/
For the swamps of the Niger Delta, what you need are helicopters and not jet aircraft. helicopters can carry soldiers that you can easily hover over an illegal bunkering site and lower the troops down, while raining fire from above in case any illegal bunkerer tries to get trigger happy.

We are not really serious about stopping this thing. if I was in charge, I would set an SLA (service level agreement) that once a bunkering site is discovered, military must be on top of them in 2 days max!!

As for discovering them. it can be easily done with a combination of satellite technology and surveillance drones operating 24 hours over the Niger delta.

Shey we saw a video recently of the NNPC control room, where live satellite imaging was showing the guys at various sites at work? If after 6 months, these guys realize that every time they try and re-establish in a new location, military are on top of them in a matter of days, the business will be deemed too risky and many of them will go do something else. The incidence of this illegal crude bunkering will drop dramatically.
Sports › Re: Nigerias All Time Highest Goals Chart: Osimhen Moves To Fourth by COMPAQ(m): 10:11am On Sep 11, 2023
[quote author=robosky02 post=125709896][/quote]Simple mathematics is lacking here. Osimhen's goal per game ratio is 0.76!!
Music/Radio › Re: Nigeria Dominates Africa's Most Spotify Monthly Listeners by COMPAQ(m): 9:19pm On Sep 10, 2023
HonNL:
Africa Facts Zone
Natural, considering we are 200mlns plus people.
Travel › Re: LAMATA Realeses Blue Line Railway Schedule For This Week by COMPAQ(m): 2:30pm On Sep 10, 2023
Seun360:
So much noise about this light rail thing, so na only Marina to Mile2 everybody dey go?
Red line is coming soon
Sports › Re: Israel Adesanya Loses To Sean Strickland by COMPAQ(m): 2:21pm On Sep 10, 2023
AllenSpencer:
Can imagine the money lost tonight!

Less than 1% envisaged Israel’s defeat.

Cannot even explain how he lost! After that lunch that got him, dude just went into defensive.
In MMA and UFC it's very difficult to maintain a world title for many years the way they do in other sports. Just one lucky lunch or kick and it's all over.
Foreign Affairs › Re: Barack Obama's Daughter, Sasha Smoking Marijuana In Public goes viral by COMPAQ(m): 4:31pm On Sep 08, 2023
fergie001:
Pictures of former US President, Barack Obama's youngest daughter, Sasha (22) smoking marijuana in public goes viral.
The girls looks like a rebel. She will soon get pregnant and end up on drugs at the rate she'd going. That USA ehn, if a child's head is not screwed on properly, tendency to derail is very high. Small time now, she will come out as gay!!
Sports › Re: Osimhen And Oshoala Set African Record For Nigeria In Ballon D’or Nomination by COMPAQ(m): 3:52pm On Sep 07, 2023
robosky02:
I hereby confirm Osimhen already the winner of CAF AFOTY
It will be absolutely CRAZY if Oshimhen doesn't win AFOTY!!
Politics › Re: Pictures From The First Commercial Trip Of The Lagos Metro Rail by COMPAQ(m): 1:20pm On Sep 07, 2023
Sleekfingers:
What's stopping you from checking online? You want the governor to announce street by street using PA?
I believe you are using an internet enable phone.
I did check online and even the website of LAMATA itself is not able to provide much info

https://www.lamata-ng.com/our-train/

The link above tells you to get Cowry card. Doesn't say where? How much the card costs? How to top up...nada!!

The site gives schedule for only the day of inauguration what about the other days!? or are we to assume that the first train of the day is 9am!!!? Which time I go reach office?

So Mr Sleekfingers who erroneously assumed I didn't and rushed to type, I DEMAND AN APOLOGY!!
Travel › Re: Why Do Most Nigeria Streets Look Like This? by COMPAQ(m):
Raydos:
I've been to 15 states in Nigeria my whole life, and one thing I always notice is, Untarred roads, Lack of drainage system, Lack of proper planning e.t.c

Which always make me curious, Why does everywhere in Nigeria look like it got hit by a nuclear bomb? Why? Why don't we have modern streets and cities!!

Since the inception of Nigeria, I Don't think we have built any city, And please don't even mention Banana island, It's a piece of crap!!

It's sad that only about 3% of Nigeria is actually developed and the other 97% is just straight up piece of trash!!
Its a function of poverty of the people, illiteracy of the people, incompetence (from our town planners and government).

It may be acceptable that some of the poor, old parts of a town remain this way. After all the core of Ibadan, which is characterized by those brown tin roofs, were in existence hundreds of years ago. So the only way to modernize such areas is to bring them down in large chunks and redevelop.

However, where I weep more for Nigeria is the new areas of cities are not much better. For example, the Lekki peninsular was pretty much virgin land in the 80's and 90's. Lekki really took off in the late 90's. We had an opportunity to really plan that axis well, but as usual, we no dey get sense.

https://www.nairaland.com/7550276/estate-layouts-nigeria
Politics › A Case For The Rejuvenation Of The Middle Class In Nigeria by COMPAQ(op): 11:26am On Sep 06, 2023
As the euphoria of winning the election to the office of the President of the Federal Republic of Nigeria slowly fades, the government of President Bola Ahmed Tinubu must now grapple with arguably the biggest sector requiring attention beyond security – the economy!

It is now obvious to Nigerians, that the government of ex-president Buhari led Nigeria down the proverbial financial rabbit hole. His old school socialist style of governance proved hopelessly out of tune for the financial realities of modern-day Nigeria. A lack of vision & political will, refusal to listen to sound economic counsel, reckless spending on dodgy intervention programs, an arbitrage driven foreign exchange management system and so much more have contributed to severely damaging the economic foundation of Nigeria. Inflation has spiraled out of control and the currency has been forced to devalue, sparking another round of inflation, considering the bulk of what we consume is imported. The fallout of this is that Nigerians have all become poorer. And the rich are not left out! Even Africa’s richest man, Aliko Dangote, has seen his net worth in dollars tumble.

The question though, is how do we proceed from here? No doubt, there are many strategies being considered to get Nigeria moving again. And Nigeria’s solution will not be just one of them, but likely a combination of many of them. However, one train of thought which I have not heard discussed much is the rejuvenating of the middle class!
The key metric for measuring economic power and size is the Gross Domestic Product (GDP) – emphasis on the word ‘product’. Basically, it is the total of what a country produces. Production could be for domestic consumption and/or for export. Herein lies the problem. Nigeria’s population is so poverty stricken that producers in this country struggle to sell their products because the people have extremely limited capacity to purchase. Our much-hyped 200+mln population is therefore not adding anywhere as much to the GDP of the country as it should.

The Nigerian middle class has been so decimated that we now only have the very rich and a horde of low class, with just a sprinkling of middle class. Unfortunately, the very rich cannot carry this economy. How much produce will they buy and consume? A billionaire in dollars will only buy so many cars and houses. He can eat only so much food and wear so many clothes. It would be far better for the Nigerian economy to have one million millionaires, than to have ten thousand billionaires. If one million people were to buy 2 cars, that would be 2million cars sold. If ten thousand people buy 10 cars, that’s only one hundred thousand cars sold. Ditto for products such as refrigerators, washing machines television sets, phones, computers etc.

If the people to buy these products are available in sufficient number, then it makes sense for the factories that produce them to be based locally. If the factories establish in Nigeria, they bring FDI and jobs with them – both direct and indirect. The FDI improves forex supply and helps to stabilize the currency, while the spending of the wages earned by the employed grows the economy! The reality is that manufacturing only makes sense when it is done at sufficient scale. To compete with China, India and other global manufacturing hubs, factories in Nigeria will have to operate at an equivalent scale. And what better market to manufacture for than a country of 200+ million people, having a middle class with good purchasing power running into the millions. There is no point in Samsung setting up a factory locally, if only 5,000 Nigerians can afford to buy a new smartphone every year. They might as well import from Korea. However, if the demand was 5 million units a year, then the narrative would be different. Even if they had no intention of setting up a plant in Nigeria, the government would have a strong basis for encouraging them to do so, as the market would be simply too big to ignore.

Have we seen this phenomenon of a rejuvenated middle class carrying the economy forward play out in Nigeria before? The answer is yes! In the mid/late 90’s and early 2000’s, the government liberalized banking, hotels and telecoms. Dozens of new banks, MTN and Econet (now Airtel) spurred massive investment in the country. Banks were building new branches like a wildfire burning out of control! And with that came direct jobs for tens of thousands of bankers as well as indirect jobs for hundreds of thousands of people. In the telecoms space, the story was similar. MTN, Econet and eventually Globacom drove massive amounts of FDI into the country and created numerous well-paying direct middle class jobs and many more indirect ones. Think the companies suppling generating sets for thousands of base stations! The companies supplying diesel to those base stations! The companies contracted to build the base stations! The companies supplying the paper recharge vouchers! And many more! Even at the ultra-micro level, we had the phone center operators, those selling recharge cards on the streets, sellers of handsets etc. It is no coincidence that this era brought along with it the highest levels of GDP growth that Nigeria had seen in a generation. Unfortunately, this once thriving middle class, and its attendant purchasing power, has been whittled down by banking consolidation, casualization of workers, inflation and devaluation, which has made incomes worth a lot less than they used to be. So how do we begin to get back to those hey days?

In my view, the quickest way to address this in the short term is simply to pay civil servants and other government workers such as doctors, teachers and nurses a respectable wage that qualifies as a middle-income salary. Having said that, the reality is that our civil service is over bloated. However, using my earlier analogy, it makes more economic sense for the federal civil service to have half as many people who are paid twice as much! The current arrangement where we employ millions of people but pay them peanuts is not helping the national economy. None of them can buy anything tangible! Asides the fact that these people have insufficient money to spend, because their wages are so low, their level of productivity is abysmal. They simple have no stake in the work that they do, as they must focus their time and energy on other ways to make money.

The second, and more long term and structured way, is to allow the private sector to run this economy and significantly reduce the hand of the government. If we were to privatize/concession our international airports, Nigerian Railway Corporation, concession key inter-state highways to private companies to toll and manage, create another LNG company, enable private sector development of solar farms etc, we will be creating new companies that will drive FDI into the country and employ staff to run them with better wages that what currently obtains.

To achieve the national economic growth that President Tinubu appears to seek, we urgently need to re-energize the middle class. Nigeria’s socialist attempts to grow the economy from the center with public sector intervention spending that is not backed by any form of production or gains in productivity has had damaging effects on our economy. Its time we focus on a people led approach backed by the private sector, so that more Nigerians have more money to spend. By so doing, we create a large enough middle class that attracts the local and foreign investment in the production of goods and services that Nigerians require, and the economy grows as a result.
Politics › Re: I’ll Break All Bottlenecks — Investors Will Make Profit In Nigeria - Tinubu by COMPAQ(m): 10:57am On Sep 06, 2023
Nwodosis:
Talk is cheap!
No mind them! Do the needful Mr President and you wont need all these sound bites every time
Politics › Re: Passport Backlogs To Be Cleared In Two Weeks, Says Minister by COMPAQ(m): 7:42am On Sep 06, 2023
TheRareGem1:
https://www.channelstv.com/2023/09/05/passport-backlogs-to-be-cleared-in-two-weeks-says-minister/
We shall see!! people have blown hot more than this before! A la Raji Fashola on power!
Politics › Re: National Theatre Undergoing Rehabilitation Works - Jubril Gawat by COMPAQ(m): 8:26am On Sep 05, 2023
Lanrelagboi:
Jubril A. Gawat, SSA To Governor Sanwo-Olu
They should either concession or privatize it pronto!! If it remains in government hands, it will fall apart in 5years.

besides it has lost its market share to Eko Hotel convention center. The wealthy folks who can afford to use it are all in VI, Lekki, Oniru, Banana etc. They are surely not going to come to Iganmu for any ocassion.
Politics › Re: Pictures From The First Commercial Trip Of The Lagos Metro Rail by COMPAQ(m): 8:21am On Sep 05, 2023
Still lacking info on this train service. LASG hasn't told us what times the train move from Mile 2. Is it every 10mins? Or every 15mins during rush hour, then every hour afterwards?

Where does one buy the cowry card asides the station?

Can I top up online?

is there a daily maximum? or Weekly?

Do I get a discount for large amounts loaded on the card?
Politics › Re: With Functional Refineries, Petrol Will Sell For Less Than ₦‎200 – IPMAN by COMPAQ(m): 8:01am On Sep 05, 2023
Kukutente23:
The problem is you say a lot of things you're not knowledgeable about with confidence.
Almost all those drilling for oil have a sharing agreement with NNPCL. A portion of what they drill belongs to NNPCL. Of that amount, a further portion of NNPCL's is kept for the refineries. I know you're not aware of this which is why you just made that statement above.

What you call global market is actually the opec regulated market. It is not as universal as you claim. There are bigger oil producers than Nigeria who are not on opec template
For you who thinks he knows more than the other fellow, you are also not so knowledgeable as you think.

Indeed a portion of what is produced by every Joint Venture (JV) or Production Sharing Contract (PSC) belongs to the government. However, why should the government also turn around to sell its crude for $40, when the going rate is $80!? Government needs all the money it can get now from a dying resource. Soon when the renewables, electric cars etc take over, oil will likely loose its shine. it would be the worst possible economic decision for Nigeria to sell its crude below global prices. Where then would the forex we so desperately need come from? Are you ready to pay more tax to bridge the gap?

The allocation to refineries is on the assumption that refineries are working. All these decades that we haven't had working refineries, the crude has been sold in the open market. Do you think the crude is sitting down somewhere?

Yes, not all major oil producers are in OPEC, but the global price of oil remains the same with minor variations, especially now that it's in demand. The variations will be wider when there is little demand. At that point a heavy crude that's not desirable may be $65, while the light crude will be $80. In high demand times, there will be almost zero difference.
Travel › Re: UK Announces Electronic Travel Authorisation As A Travel Requirement Into UK by COMPAQ(m): 7:51am On Sep 05, 2023
motymop:
Nigerian newspaper do not do research before publishing news

ETA is for people who go to the uk without visa


ETA as for now is for Qatar,Bahrain, Jordan, Kuwait, Oman, Saudi Arabia or the United Arab Emirates and it cost 10 pounds
Don't mind them. Even Nigerians refuse to research on their own before rushing to make comments.

https://www.gov.uk/guidance/electronic-travel-authorisation-eta#who-will-need-an-eta

Nigerian's please read and be guided!! Sheesh!!
Politics › Re: I Never Authorised Agunloye To Award $6bn Mambilla Contract To Sunrise, Says OBJ by COMPAQ(m): 11:51am On Sep 04, 2023
Nbote:
Wait ooo, Isn't this the Sam's Mambilla project the Buhari claimed was in finishing stages??
There is a 40MW capacity dam called Kashimbilla dam in Taraba State. That one is either almost ready or fully completed.

https://search.yahoo.com/search?fr=mcafee&type=E210US739G0&p=kashimbilla+dam+in+taraba+state

Then their is the Mambilla dam also in Taraba state. That one is proposed to be 3040MW. That's is the one being mentioned in this article.

https://search.yahoo.com/search?fr=mcafee&type=E210US739G0&p=proposed+mambilla+dam+nigeria

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