COMPAQ's Posts
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Dogalmighty17:So maybe now when civil society calls on Nigerians to come and protest against mismanagement of resources by leaders, many of you folks will come out. Nigerians that are suffering like to just complain on the pages of social media, but citizens of other countries who are even doing far far better than us like Hong Kong, Japan, South Korea, Turkey. They come out to protest against Misrule and embezzlement of taxes. But no, when they call in Nigeria, citizens prefer to watch Netflix or play football on the streets. |
Kingosytex:Its just not about Dangote. There are many issues at play here: 1. Dangote drivers not being as competent as they should be 2. The roads not being as motorable as they should be. 3. Our reckless driving in this country. We always too in a hurry. If you slam brake in front of a truck, trucks cannot just slam brakes the way a car can, especially when loaded with cement or othr goods. 4. This constant desire of our people to trade by the edge of the expressway. When govt says no trading, people with their stubborn head will not agree. When accident happens now, its never their fault but government fault. |
Racoon:Did they advertise it to you as subsidized? Did they say the price would be fixed? There is no treachery here abeg. It was advertised as a cheaper alternative. And Even at the current price, it is likely to still be cheaper than petrol. And if not, people are free to switch back to petrol at no additional cost since any converted vehicel can use both CNG and petrol. |
treesun:beyond the curiculum, there are many other aspects of education in Nigeria that need serious attention. 1. teacher eduction and re-training 2. use of mordern teaching aids and ways to improve information disemination to students eg watching relevant videos in class, field trips 3. de-emphasize only knowledge in favour of application 4. students should be helped to participate more in class - students should make presentations, do joint project work etc Builds communication skills. 5. classrooms should have a standard design |
t33why:Well that's true, but 5% increase ordinarily should not bring about any material change. |
t33why:Well that's true, but 5% increase ordinarily should bring about any material change. |
If petrol went from N197 to as high as N865 and we didnt die, adding N43 to make it N908 will not kill anybody. At a point, we already bought above N900. We keep pushing and being creative. Thats why cars on the roads are less. People operate from home and online these days. Stay in your house and save money. At least electricity is better. Instead of profitless going up and down to party where the cost of transporting yourself there is more than the value of the rice you will eat. |
iwaeda:To create State Police in Nigeria, the following would be my recommendations: 1. Any State that wishes to create State police must ensure that its annual Recurrent expenditure did not exceed 70% of its budget for past 3 years. 2. Every state must have a Police Governing Board consisting of represntative of Nigeria Bar Association, Nigeria Chamber of Commerce, Organised Private Sector, Nigeria Judicual Council, Christain Association of Nigeria, Muslim Association of Nigeria etc to control their affairs. The CP of the State Police should report to this board. The Governor can manage day to day affairs, but the broad objectives, rules of engagement, discipline, oversight etc should be managed by the Board. |
casualobserver:Yes, I agree with you on following the trail. You make a valid point. However, some of the firms you listed have more fundamental structural issues as to why they are not doing well. The DISCOS can NEVER do well with the structure they operate in. 1. Tarrif regulated and not cost reflective 2. Massive electricity theft by citizens 3. Massive Debts owed by govt agencies No matter the capital they bring, if you make losses constantly, the capital will be whittled down to zero! Also Nigeria Airways was never privatized. It just died. I think same applied to Nigeria Mining and Coal corporation. They were not privatised, but died a natural death when we got hooked on easy oil money. What you are saying is more a case against government running business, not so much against privatization. |
casualobserver:Well your comment I quoted made it seem like Dangote is the only success in privatization. I have not read any provious post you may have made on the subject. |
casualobserver:That doesn't make privatisation bad. In most cases those companies had already failed to the extent that it could never recover. Transcorp Hilton was sold by government and doing well. MTN, Airtel and Glo came to take the spot of NITEl/Ntel and they are doing well GTB, Zenith and co came to life during the privatisation of banking and they are doing very well. The govt banks like ABC, National etc have been subsumed by the private ones. Schools reverted to their missionary owners are doing well. Was Okomu oil palm not govt owned at one point? Now they are blowing on the stock market Multiple govt cement plants have been sold to private sector and are doing well. Geregu power plant was sold to Otedola, Afam to Elumelu and another to Davido father and they are doing well. Indorama was formerly Eleme petrochemical and is doing wonderfully well |
dre11:This is the way to go. The only ask is that its done speedily and professionalyy. The reality is that the private secor has far more access to Capital than the Federal Government. When we privatised telecoms, the money invested by MTN alone in buying that license and setting up in the first 5 years, could not have been invested by the Federal Government in 20 years. Funny enough, when Nigerians go to Dubai and say "see what Dubai government has done with oil money", they stupidly believe that all the skyscrapers they see are built by the government. Some are, but I can bet you like 50% are built by private companies to be leased as office space to hundreds of other foreign companies that are looking to establish an office in Dubai because there is business to be done there and money to be made. That is how development comes to a country! Not by expecting the government will build everything with oil money. if you are open for business, private capital will build office buldings if you are open for tourism, private capital will build hotels, clubs, bars, waterparks and other fun places. if you are open for business and tourism, private capital will see the need to invest in your airports and ports From these private capital, infrastructure develops and jobs are created. Even EMAAR that is majority owned by the government, and built Burj Khalifa and many other buldings in Dubai, its not only government money that was used. If they want to build a portfolio of 10buildings worth $2bln, then will issue a bond to raise that money. And investor from around the world will invest because they beilieve in the economy and vision and because the economics of the project is sound. But Nigerian visitors will go to Dubai and say Dubai government built ALL of Dubai with oil money. We need to privatize ALL government assets and let private capital flow!!! There is no need for FG to use scarce resources on: 1. The 4 international airports 2. Key highways in the country that can be profitably tolled 3. Ports 4. Power plants/Electricity generating companies 5. Office buildings in Abuja ( let private companies build and govt will do long term lease- helps to manage govt cashflow better) |
dettolgel:Thats Nigerian government officials for you. Refusing to be accountable and take responsibility. Instead, they will try and gaslight you and confuse you and put their head in the sand. |
jmoore:Its not just about population, but how much each person uses. How many gadgets and devices does a typical Nigerian household have in Nigeria compared to US. Typical US Home - like 100million households 65inch TV (maybe 2 or 3) Sound bar Smart speakers around the house Electric oven Electric cooker Microwave Water heater Huge Fridge/Frezer combo Washer Dryer Central AC (particulalrly in the hotter southern states) - which alone is like 30-40% of annual electricity consumption In Nigeria if 1mln houselholds have this, i'll be surprised. |
Softmirror:True, but still when you feel at peace and valued, you will perform better. Not having to deal with NOC and NSC werey. |
Maxymilliano:I can bet you by the time she has access to better funding and training facilities, her times will improve all the more. Same way Francis Obikwelu who was not a reguler sub 10 100m athlete in Nigeria switched to Portugal and set European record of 9.86 which stood for 11years. |
wellmax:These are all things we say to make ourselves feel good. if you can eat better, live better, drive a nicer car, wear better clothes, have better healthcare, better education for your kids and live in a safer and saner environment, who cares about being second class or third class citizen. Every part of the world has citizens of other countries. there are millions of Nigerians in UK and US. Same way they are hundreds of thousands of Lebanese in Nigeria and Millions of Indians in UK. Did anyone of them complain to you about being seconf class citizen? |
Kemetian:Yeah. I'm sure it would have made a bigger impact on diesel sef. At the worst of the electricity crisis in 2023 and 2024, my estate was using as much as 3,500litres a month. Now since we got on Band A from Feb1 this year, we are barely using 500litres a month. Same for every estate around us. So if I take just 5 estates saving 3000litres each a month, thats 15,000litres a month and 180,000 litres a year! So 50 estates could be reducing consumption by 1.8mln litres a year. Now extrapolate for hundreds of other estates in the Lekki axis and companies and Banks in VI, Lekki 1, Ikoyi, Oniru, Lagos Island, Ikeja, Ogba, etc. Then expand across Nigeria. |
ogododo:The article is uncecessarily long as we like to do in Nigeria. Reasons for reduction in petrol consumption are as follows: 1. Price - it has become unaffordable for many, so a lot of people have parked their cars at home to use only on weekends, while they use public transport during the week. This is more prevalent outside Lagos, Abuja, PH and Kano where most citizens are civil servants. 2. Improved electricity - lots of petrol demand was due to generator requirements. However, due to significantly improved electricity, the demand for petrol to fuel generators has dropped drastically. 3. Train service in Lagos - This has reduced petrol demand because a lot of buses hat would ply those routes now work less as the y take longer to load, meaning less buses on the streets and less demand for petrol. This will be more significant when the Blue line extension to Okokomaiko and the Green line on the Lekki axis is completed. |
histemple:Whats even the population of the whole Cross River? I beg calm down |
SonOfWords:So where does the money for all his vehicles and properties come from Nigerians sef. Defending criminality and nonesense! |
frog12:I hope you realise it's possible to have unprotected sex with a hiv+ and not catch it. It depends on the viral load, how vigorous the sex, they type of sex (vaginal or anal), whether you are the receptive (woman) or insertive (man) and a few other factors. The risk factor is higher for the receptive. But of course if you have unprotected sex more and more with that person, chances get higher and higher. Having said that's it's also possible to get it the first time around. It's not every infection you are exposed to that you catch in life. |
budaatum:As piggish as we are, I think many in Nigeria really respect the use of condom, especially in the cities where people are more educated. As sexually active as you think we Nigerians are, in South Africa sex is not frowned upon like here, In the shopping malls you'll notice many girls walk around without bra and pant. And if you stop girls to talk to them casually, they will stop and talk to you and exchange numbers and you'll be surprised the two of you will be having sex by the next day or same evening. For them sex is just part of having a good time, the same way we like to go to joint/bar/lounge to have a good time. |
cathodekazim:Even if she received $5k per week in her club, that's still a lot of money in Nigeria o. That's N7.5mln a week of N30mln a month. If she dedicates N10mln a month to this construction, that's N120mln a year. |
DrMB:Reasons: 1. Poor Overall economic management 2. Corruption - causes too much money in the system not being productive, necessitating high interest rates 3. Huge deficits, means too much money in the system, for which the solution is high interest rates 4. Ways and means - printing money always causes too much money and inflation, for which the solution is high interest rates 5. Non diversification of the economy - relaince on crude for forex and falling production and prices meant forex shortages and to attract FPI, we needed high rates 6. High interest rates in America meant we needed to raise ours to compete for forex inflows via FPI |
bixton:Your question on minimum wage is a different matter all together. It doesnt make the decision to remove those subsidies wrong. Thats why the people should then come together to demand better government, instead of hobnobbing with politicians. besides its difficult to pay cost reflective wages because the civil service is also overbloated. If they say they want to sack 30% and double the salary of the 70% remaining, you will still say no. So lets continue over employing and underpaying. |
oluayebenz:Oga calm down. While civil servants are too many, but still in the grand scheme of things, how many are they compared to the working population? Civil servants in Imo State are probably not up to 3% of the working population of that state. Is it the extra N40k that will cause inflation? If you are looking to the cause of inflation better look at the N22TRLN ways and means and N15TRLN budget defict as culprits. This idea that marginaly raising salary increases inflation is a bit outdated. Besides in 2023 before there was even the salaryincrement from N35k to N70k, didn't inflation rise massively? So what was the cuase of that one?? There are many other factors that impact inflation more heaviliy than minimum wage, so let the civil servants breathe! Clearly your own knowledge of economics and the key drivers of our economy is fairly limited! |
DrFunmisticGlow:Before tax of course? Where in the world does any one annouce a net salary figure? isn't it always gross! In any job you've done, did they tell you your salary was the net figure? |
bixton:What concerns his post with USA or Europe! His post makes sense! Scenrio1: Band A for 23hours Scenario2: band D for 5 hours and suplemented by petrol gen for 18 hours. If you do the mathematics in a month, you may find scenario 1 to be cheaper. |
AntiChristian:He didn't say ALL rural areas!! he said rural areas where they have implemented mini grids!! Simple comprehension. |
iwaeda:Petrobras has capabilities in Deep Water which is where our local companies do not operate. Why must Nigerian's manage it. Don't Nigerian banks also send Nigerians to other countires where they open branches? |
drstranged:GEJ ke! Guy for real? I beg talk another thing. No need to go back to our vomit. |
Nigerians sef. Defending criminality and nonesense!
