COMPAQ's Posts
Nairaland Forum › COMPAQ's Profile › COMPAQ's Posts
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JasonScoolari:After the Amala, agbado will follow. |
EBMedia:What kind of relationship expert. |
Peterobiisathie:I disagree! Some of the countries that made the swiftest advancements did so under a millitary government or pseudo dictatorship. Examples are: China Malaysia Singapore Rwanda For a people as undisciplined, corrupt, religiously and ethically divided as Nigerians, a good dictatorship that can lick us into shape is not a bad idea and for me might be better than this rudderless democracy we are operating!! |
Omicronvaccine: |
NwekeUG:There is nothing to name cos as usual Nigerian government likes to sensationalize things!! Its not the first time Nigerian government has threatened to name names and failed to do so. |
Newyorkitis:As an urban planner, are setbacks meant to be for trading activities? Cos what i get from this initiative from LASG is that its mainly to organize and TAX economic activity on setbacks!! Not sure that trading activities is the essence of the space we leave between roads and building!! Having said that, I googled the definition and rationale for setbacks, and this came up! A setback is used to create a buffer area which protects buildings or structures from the road by mitigating noise levels, by providing a safety zone and by improving aesthetics through landscaping or screening. Setbacks are a function of the area type, land use and the functional classification of the road. |
16inchdick:So why is diesel N800 then? |
While I support subsidy removal, I am disappointed by the approach!! By now, I would expect Govt, Labour and the organized private sector to have formed a powerful committee to determine the best way to mitigate shocks to the economy. The impact of the subsidy removal will be material, but with proper planning, at least the government can help the citizens. If I were in charge, amongst the things I would do prior to subsidy removal would be as follows: 1. Revise the minimum wage for the lowest cadre of workers in the public service. Someone earning minimum wage of N30k should move to say N80k. But it doesn't mean those earning N500k need to be topped up. 2. Get the private sector to also top up everyone's salary by a fuel supplement of say N20k per month. 3. Order like 5000 buses for intracity transport that are fueled by CNG for the largest cities in Nigeria - Lagos, PH, Abuja, Onitsha, Kano, Kaduna, Ibadan, Owerri etc to help reduce transport costs. 4. Encourage private sector bus drivers to also convert their vehicles to CNG in the larger cities impact the larger parts of the population 5. Aggressively improve electricity supply by proper regulation and monitoring of the DISCO's. Thankfully the recent constitution amendment gives States the capacity to get involved in electricity matters. 6. Encourage digital means of doing business in the public and private sector to discourage the need for a lot of driving around. If I can conduct most of my business online, why do I need to be driving around so much. 7. Resolve issues, bottlenecks that cause people to spend a lot of time in traffic in our major cities. We cant be spending 4 hour a day in traffic in lagos per day at N750 per litre o. 8. Provide tax incentives for full payment of solar installations for homes and businesses 9. Create a fund to help people migrate to solar at low interest rates (or even zero interest rates in first 5 years). Those who access this fund do not get the tax incentives. 10. Make importation of new and/or used electric, plug in hybrid and normal hybrid vehicles free of duty and levy. |
Lovenorth:The law is the law though. That politicians were distracted during elections and have now faced their work squarely back doesn't change the law |
COMPAQ:And let me add that the rich getting richer adds little to no value to the productive base of the economy. Afterall how many cars, houses,appliances etc will they buy? The economy is better served with 100mln people in Nigeria being worth N10mln each, than 10mln Nigerians being worth N100bln each, cos the 100mln individuals will buy far more. |
omonnakoda:Seems you also think a bit too highly of yourself. No doubt production doesn't have to be for local consumption, but if you then plan to export, then it brings me back to my original point that we have to conform to the standards of those we are exporting to! A point you tried to put down by saying we have a large population! So what exactly are you saying Mr Economics Professor! As for your logic that a Samsung could potentially produce in Nigeria and export it all even if we were not buying anything. Absolutely, that might be correct,but we all know Nigeria has poor factors of production. Nigeria is nowhere near ready in any ramification (electricity, skilled labour, economic & fiscal policy, transportation, ports, iron ore, aluminium etc) to be a producer for the world, especially in highly competitive products like FMCG. Next!? |
omonnakoda:Well, unfortunately the world is now a global economy. We have population but insufficient wealth the boost our own economy. With more and more people falling into poverty ,more and more companies will go down. It's basic economics. Economies grow when it's citizens have the economic power to drive domestic production and consumption. How will Samsung have a factory to produce 50,000 split unit Ac per annum in Lagos if Nigeria will only consume 5000. Meanwhile in this day and age factories only survive by large economies of scale. It's the absence of that scale that's killing our factories. |
omonnakoda:Well, until we make it well enough for the export market our products won't go mainstream, except to the shelves of African stores in those countries. To be honest I have no issues eating kilishi and stuff in our local way, but unfortunately that doesn't work for Tesco and it's like. It's has to be way better packaged. |
maleekberry:Never heard of those products you mentioned. Companies making super cheap crap for poor Nigerians also lace these products with unregulated chemicals that can kill you slowly. Same thing with biscuits you see in Nigeria. All flat and tasting like cardboard with loads of sugar just to make it sweet. And mostly made in places like Indonesia, Thailand, Vietnam, Surinam etc When last did you see a rich, British made cookie in the shops. Even Nigerian made is a struggle. |
paymentvoucher:Can you tell us specifically what he has done that is groundbreaking!? |
emerged01:That will take 2 to 4 years even for a very serious governor. |
Funny thing is there is no real savings from removing subsidy, as we are borrowing to pay the damned thing! It's like someone borrowing from Mr B to pay a debt to Mr A, yet everyone expects his saving from paying Mr A to be spent on doing business. |
[quote author=Odewaleadesoye post=121838097][/quote]It's called poverty of the mind |
phemmyfour:Thats why so many of them have closed down. Sweet Sensation, Tantalizers, Tastee fried Chicken, Mr Biggs are all shadow of themselves!! Even KFC is struggling a bit now. Many of the local ones that used to dot the landscape have all shut down. Funny enough The Place and Mega Chicken seem to still be thriving. |
Igodomigodo419:How exactly is this cheap |
Bvlgari:Probably a regular tokunbo S class facelifted to look like Maybach |
Princeton92:Very true! Julius Berger is still working from Lagos to around MFM, but from around MFM all the way to Ibadan is spotless. However the road may not last for more than a few years before it starts developing potholes. A lot of the channels to discharge water are blocked by sand. And pooled water is a roads worst nightmare!! |
ExAngel007:Good riddance to bad rubbish. Won't be surprised if it's a drug overdose!! |
References1: |
basilo102:Exactly. I'm shocked how learned people are taking that 'AND' to mean must win Abuja!! The 'AND' means must win 25% in 1/3rd of the 36 Sates and Abuja. Because Abuja is not strictly a state, the word 'And' was used to add it to that requirement. If it were a state, it would have been 25% in 1/3rd of the 37 states. So a candidate would win 30 states, win 25% in all 36 states and FCT, but because he didnt WIN Abuja specifically, he wont be President!? How stupid would that be? A rerun could happen 10 times and that could still be the same scenario. The guy might never win Abuja because the guy he's contesting against is from there. |
Yamiriflathead:Not likely. This was most likely the press release. There is nothing here about universities also , which he is reported to have said in the same speech where he referenced gorilla |
sulaak:They didn't come out to vote simple!! I have a few friends with cards that didn't vote because none of the three made sense to them |
Badgers14:I don't agree with this assessment. Many of Obi supporters are more youth and educated. But we tend to forget that the semi illiterate and full illiterate and those who vote on ethnic and religious sentiments still make up the majority of the voters. Obi is not likely to have done much better than he did in the North as he had no presence there and no LP governor to push for him. We need to realize that not all Nigerians are on social media. Social media is not a representative sample of the population. So all the overwhelming support for Obi on social media doesn't translate in northern states. It doesn't even translate in the hinterlands of SW states. Only Lagos which is by far the most online state with most of the youths. And who is to say there was no rigging in the South East with LP winning above 90% in some SE states. I think the result generally reflected the direction of the votes. The tragedy of this election is really that it's still being determined by the"masses" who really don't know why or what they are voting for, except for ethnic and religious lines. |
koning:Or Funso Doherty! Of the clips I watched of the debate, he was by far the smartest sounding. |
redcliff:It’s clear the LP guy winning in Eti OSA was a bandwagon effect of Peter Obi. |
kponkedenge:What exactly are you saying? If Atiku was able to win Osun, why couldn’t Tinubu win some LG in Rivers and AI? |
Treadway:Not likely. Much as I hate to say it, it looks like BAT will be our next President. Obi is not likely to get 25% in sufficient states based on what I’ve seen so far. And his performance will be worst in the north where I don’t see him getting 25% in any core northern state. Even in SW, Obi may not get 25% in more than 2 states. Maybe only Lagos and Ogun. Meanwhile, Tinubu will win most states in SW, some in the north and will likely get 25% in other states in the north that he doesn’t win due to influence of Buhari and other northern APC governors. Tinubu will also likely get 25% in some SS states. If the winner of the popular vote doesn’t get 25% in sufficient states (which I think is unlikely, but a possibility), the run off will likely be between Tinubu and Atiku, as I don’t see Obis total number of votes being the second highest. |
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