₦airaland Forum

objobj:
Whats the difference between nlng and fg?
Ignorant

NLNG is a private company in which the fg has shares of 49%. The IOC's own 51% and have controlling stake. The MD of NLNG is always provided by Shell.

NLNG and Fg are very different.

Apparently you are more ignorant than him.

owobokiri:
The nepotistic inbreds at the EFCC headquarters are cleverly trying to use his London situation to hold him down over there while that crook at The EFCC head office sells off his choice estates to pro establishment characters from the north and Niger republic. It may sound wild to you but follow this news item going forward. All they want to do is to use corrupt judges here to seize his heavy landed properties all over the place and redistribute those to their lazy ethnic henchmen.

Really!! So his travails has nothing to do with the attempt to harvest organs from a deprived Nigerian youth!

Nigerians never take responsibility for their issues. It's always someone else's fault!

Bmaster:
OGA , because you are staying in Lagos is not a good reason to see life as easy everywhere !
Go to some rural villages they still don't network mast,
It's like you haven't been disappointed by network issues before ba ?

If a village is so rural and remote that it doesn't even have any network,it's unlikely resident of such village will be trading with large volumes of cash. Such villagers will be subsistence farmers for which a N10k daily transaction is likely sufficient.

Human being follow where money is being made. If there was anything about such a village that was requiring more cash than that,then people would have moved in and gsm will follow.

No one has said don't transact in cash. just that you can't withdraw more than certain amounts. Besides if the place is so remote,there is likely not a bank branch anywhere there, so what do they care about how much they can withdraw. The small money they use daily is probably kep under the mat.

Shikini:
.
The bridge is financed by:

NLNG (50%)

FG (40%)

Rivers State (10%)
.

I thought the road is being financed 100% by NLNG as part of the road tax credit scheme.

SocialJustice:
Nigeria is rich enough to maintain roads without tolls. Obasanjo knew it and dismantled tolls on federal roads.

Despite widespread corruption, Nigeria is not really that rich. If we were a country of 20mln, then maybe, but not 230mln!!

SmartPolician:
When are they going to install the tolllgate?

Nigeria needs to start tolling all its Trunk A roads and bridges so they can use the money generated from there to maintain it.

However, the toll shouldn't be more than #200 per vehicle.

Lekki-Ajah Expressway is the best road in Lagos - thanks to tollgate.

While I have no issues with toll,Lekki Epe expressway is currently riddled with pot holes and is in a horrible state.

Ogbuefi2020:
Second Niger bridge was started by Obasanjo, all designs and geotechnical testing were done by Obasanjo. GEJ started actual construction

The construction done by GEJ was not up to 5% of the project. Just a few piles in the water.

Bmaster:
they better revise this policy after election oo.
Let's just believe it's Targeted at politicians,but if after election this continues,there will be a great destabilization of businesses in the land ooo

Which destabilization. People should learn new technology I beg. If people in the village can learn to use phones and send text,why is ussd or mobile money too hard for them?
The journey of a million miles starts with a first step.

dre11:
Twenty-seven days to the commencement of the implementation of the Central Bank of Nigeria (CBN) policy on cash withdrawal, top politicians and candidates vying for…




https://dailytrust.com/election-spending-politicians-move-to-bypass-cash-withdrawal-limit/

Agent no get bank account ni? And does an agent need more than N5k for lunch? Who will be selling food on election day def? You see that people who don't mean well for Nigeria will just be using silly excuses.

cyrusmillz:
Omo, so it's true that most of these celebs are lowkey pervs. What is wrong with these guys ?

Calm down. Masturbation is a normal pay off life. Other than religion that conditions your mind, there is not a lot wrong with it. It's perhaps as natural as the instinct to have sex itself.

Beedude:
Fashola was right. Until the privatisation agreement Discos signed with past administration expires, there is nothing any minister or president can do. An agreement is an agreement.
Why not get a prepaid meter instead. Free prepaid meter takes time but if u visit the unit in charge at any nepa office close to u, u can get an official to facilitate or fast track it for a token(make sure it is their office). I stopped using estimated billing in my house and office since 2020. We were on lockdown and electricity was poor but I still get 18k bill monthly at home and office. It was Hell. A nepa official who isn't your mate will have the audacity to talk to u becos of a bill u never used .It triggered me to apply for 3 prepaid meters and got it in less than 2 months.
So stop cursing Fashola. There are so many things attached to all these Discos that so many people are not aware.
I hope FG can allow state generate and distribute electricity as well. Once there is competition in the industry, things will be fine

You know most Nigerians will not get up from their chair and go to hustle for this meter at their electricity office. They are waiting for manna from heaven for pre paid meter to drop on their laps. If it's important to them,they should make some effort.

nwekeugochukwu:
Imo State governor, Hope Uzodimma has gifted Imo Traditional rulers new jeeps, IGBERETV reports.

He shared the news on his Facebook page with photos from the occasion. He wrote;



https://m.facebook.com/story.php?story_fbid=pfbid034pkuEVicK2M15g22Kz4ob6ANERfTTu1FpbrDMovYvR6YZkLAUsUd7JqGKepgqfSpl&id=100050591744627

I thought Igbo man had no king!?

PNomsule:
If my arithmetic is right and assuming the unit cost of the Jeeps cost N35m and there are 31 units I suspect.

35m X 31units = N1, 085, 000, 000.
In words: One Billion and Eighty Five Million Naira splashed away. Hmmmmmm,

Even new Camry is as high as N30mln. New land cruiser will be about N60mln.

Invest4growth:
Deception galore. Where will the funds to pay be sourced. You need 160 percent of expected revenue to service debt in 2023. That is Waiting for the incoming administration. Political power will become a no-go area when You consider the deep rooted issues to be confronted. Nigerians are not willing to accept deception. So parties are urged to properly dimension the issues on ground

Get rid of petrol subsidy for one. Problem. Half-solved

fkj950ax:
I am also wondering how they intend to pay these salaries.
80k salary comes with pension and bonuses and 13th month and misc.
Is it from the economy that has achieved negative earnings year on year and currently borrowing to stay afloat?

It's pretty easy.

First implement Orasanye report. Close some agencies and merge others. And sack useless, unproductive staff. Left to me over 3years those on government payroll need to reduce by at least 30%.

Second, minimum wage should cater to lowest workers only. Someone earning N500k a month should not be adjusted for now. That helps to close the gap between the bottom and the top earners.

Third, we remove subsidy. That frees up some cash.

Fourth, We reduce other wastages in government. We can save tens of billions by being very intentional in reducing overhead and admin costs.

Left to me, I would increase the minimum wage and sack about 10 to 20% of federal civil service

lhordspy:
Lol.

Labour party and its daft presidential candidate will just be spewing figures around like an amateur.


Is this achievable economically and financially? You want to wreck the country down. In a country where continous payment of subsidy is taking a toll on the country.

Labour party think we are all fools who dont know how things works. It is more like telling a kid you will buy aeroplane for him/her . How?

Stop raving like a madman. How about we get rid of the subsidy and use that to pay for the increase minimum wage. Besides an increased minimum wage doesn't need to go to everybody. And increase minimum wage is only relevant for the lowest car of staff, not directors and ministers and all. Those types of stuff can have their salaries caps at the current level.

COMPAQ:
Are you minding him. They think crude oil is free. Why would NNPC give crude to refinery for free and forego the chance to earn $80 for it? Natural resource or not!? When is not like its unlimited in the ground. The only benefit of local refining is jobs, industrial development, less import and its benefit on Naira, and no shipping costs.

Or you think Shell or Chevron will sell their share of the crude production to Nigerian refineries at less than global markets abi?

pocom35:
You did not understand what you quoted..

Nigeria being a major oil producer or not.
She doesn't control the price of crude..if we had working refineries fuel prices will still be close to what we have today . excluding the inflation attached to it due to scarcity

Are you minding him. They think crude oil is free. Why would NNPC give crude to refinery for free and forego the chance to earn $80 for it? Natural resource or not!? When is not like its unlimited in the ground. The only benefit of local refining is jobs, industrial development, less import and its benefit on Naira, and no shipping costs.

SirJerrie:
Mister, What exactly are you saying?
This has Absolutely NOTHING to do with Opportunity Cost
Nigeria was the leading oil producer in Africa as of 2021. Oil production amounted to roughly 78 million metric tons in the in the country.
How can you complain of "high cost" on your own NATURAL RESOURCE?

Nigeria has three state-owned refineries, NONE of them is functioning...

And you say Opportunity Cost?

So because something is a natural resource means we should fritter it away abi! This has everything to do with opportunity cost. Thatbis basic economics. The opportunity cost of cheap subsidised petrol or diesel is the hospitals that aren't built,schools,roads,bridges,airports, ports etc that are not built to make Nigeria competitive in the global stage.

Curious345:
This is proof ,that you are a stark illiterate.
So so sorry to expose you .. study to show yourself approved ...

You have said nothing that makes sense yet. What exactly is your point. How about having an intelligent conversation instead of resulting to childish insults.

Akinsete19:
Can't enter even if it's free

No harm done then. Either stay home or travel by road.

donsheddy1:
The challenge has always been how to get paid in this nation. The country is just frustrating all efforts to get money for services rendered.

Job they've not provided yet they keep getting life so unbearable for hard-working Nigerians.

Na must say we all must japa to survive?

Any suggestions will be welcomed right now.

Cant you open a USD domiciliary account in Nigeria and have them pay to it?

Alternatively, how about you open a bank account in the US and have them pay into that. Though tobdobthis, you will likely have to be physically in the US.

LEXYNIL:
The Teranga lions are well motivated and ready to tackle any opponent in this on going FIFA World Cup 2022. It's clear that they don't rely on any player in their team even without the likes Saido Mane and others because they strongly believe what they will do in today encouter to beat the three lions of England. Goodluck to the Africa Champions as they are eyeing quarter final stage in the tourment.

How far? You watch the match ba?

High cost of diesel globally is a problem caused by many external factors such as covid, energy transition, rebound of global travel, Ukraine war etc

SirJerrie:
How ironic!!
An oil-producing country complaining about "High cost of diesel"


How much more shameful can it be??

There is nothing shameful about it. It is economic reality. Nigeria does not control price of crude in the global market. Even as an oil producer there is something called opportunity cost. I cannot have the opportunity to sell my crude at $90, onlybcome sell at $30 for the sake of cheap local diesel.

Slawomirr:
Damnnn niggar
I used to think that people who commit suicide are cowards but hell no they are the real niggarz with mind

They have decided to say enough is enough in this gadamnnn life....they are the one with balls to end this whole fuckkking experiment and zombiediot programming called life

Now this is it this whole fucckkking life got no meaning but we humans are not intelligent to realise it

We have been programmed to do one same old shit repeatedly like zombies...living life is one hell of a pain in the ass...we have to eat, breakfast, lunch dinner...go to school or learn work, pay bills..struggle to be an adult....every day the huzzle never ends...little time we are required to get married and start a family same old shit our fathers just finished doing...now they are six feet under...after that our children will repeat same

What da fuckkk is wrong with us .....can't we see life got no meaning

If anyone knows this poster, he needs help!! He is another candidate for suicide!

valentineuwakwe:
Source: https://dailypost.ng/2022/11/28/presidency-why-buhari-cant-wait-to-leave-office-femi-adesina/

The guy should get out now then?

Shampoo77:
Only five flyovers in 8 years compared to 12 in
8 years? APC members need mental and psychological check up.

Amaechi also dualised the following roads:

Stadium Road
Rumuomasi road
Trans Amadi road
NLNG Road
Odili Road
Air force base road
Old Aba rd
Woji road
Ikwere road
NTA Mgbuoba road
Rumuola road

And quite a few more I can't even remember now. Amaechi schools were also top notch until Wike and and and messed it all up.

For me, Amaechi was the better performing governor of the two.

brandsoncharlie:
They’ve already sold NNPC , have you seen any change yet?

Another uninformed Nigerian. NNPC has not been sold. It was just converted to a Limited Liability Company to stand on its own, instead of being run as a Ministry of government.

So they no longer contribute to FAAC or Federation Account like an agency like Customs or FAAN might. Instead they pay taxes like every other oil company. Likewise Ministry of Petroleum no longer pays their salaries. The salaries are paid inhouse with their own revenue, so no longer budgeted in national budget.

brandsoncharlie:
The same thing happened with Epcl petrol chemicals in eleme, Port Harcourt for example was sold all in the name of privatization for effectiveness.
Still today I have not seen the usefulness of that privatization.

You guys are so ill informed! That's the problems with Nigerians, they refuse to take the time to educate themselves, even with google at their fingertips. I wonder what you all do with your phones? Just aimless senseless chat and videos that kills your brain. A google search will tell you that the former Eleme Petrochemicals is now Indorama Petrochemicals and that company is doing fantastically well last I checked.

https://www.indoramaeleme.com/

muhdaliyuh:
Other nations only concession their critical infrastructures but nigeria sell it's own outrightly. Chaaaiiiii.
Lord let whom will fix this country tarry not to come anymore naaahhh
#BPE.
#NGF .
#FGN.
#NIPP.
#NDPHCL.

That's rubbish. Who told you other countries only concession theirs! Be there doing wishful thinking. Isn't it a Nigerian that owns Gatwick Airport?