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Travel / Re: Video Of Trains Being Test Run On The Red Line Tracks In Lagos. by COMPAQ(m): 2:50pm On Feb 06
BuyMeBanger:


Please stop spreading incorrect information to excuse our nations stunted growth, all three cities you mentioned do have metro railway systems:

Houston (METRORail)
Dallas (DART Light Rail, DCTA A-train & TEXRail)
Atlanta!?! C'mon dude/dudette ( MARTA & Atlanta Streetcar)

Dallas's DART Light Rail and Atlanta's MARTA also utilize underground stations.

Is what you have in Lagos street car or tram or light rail? And Houston's is only in downtown. Its not available for 95% of the population. I live there.
Travel / Re: Video Of Trains Being Test Run On The Red Line Tracks In Lagos. by COMPAQ(m): 10:53pm On Feb 05
martolux:
Other governors should replicate this in their respective States.

Not every state needs it. I can drive from one end of Ibadan to the opposite end in 30mins.

Maybe Lagos, FCT, Kano and Onitsha really need it.

The rest should improve their road infrastructure.

Houston, Dallas, Atlanta Dont even have something like this.

It's not to have it for having sake! It has the solve specific problems thst reasonably equates to it's cost.

You don't spend N100bln to solve a N15bln problem.

3 Likes

NYSC / Re: NYSC To Be Reformed Into Revenue-Generating Agency – FG by COMPAQ(m): 8:44am On Feb 05
Namaster:
The quickest way to generate revenue from NYSC is to SCRAP it.

It's a total money pit.

The cost of feeding THOUSANDS of people for 3 weeks alone is ASTRONOMICAL. Multiply that by the number of streams in a year then include the padded parts that are embezzled and you'll quickly realize the cost is UNGODLY.

Add in a personnel costs and the 33k/month allowance and you'd see it's an UNSUSTAINABLE and ABSOLUTE waste of money.

SCRAP NYSC and it'll automatically become a revenue-generating agency due to money saved.

I see where you are coming from. But at the same time, there are also many unquantifiable benefits from NYSC

1. First opportunity for Nigerians to travel and see other parts of their country. Me going to Abia for my NYSC as an Ibadan boy was the first time I had gone past Akure in my life. And in that 1 year, I also got to PH for a few days.

2. NYSC is most Nigerians first experience of a structured work environment, which is helpful

3. Money saved from NYSC can be a means to get people started in life. The money i saved from mine lasted me almost 9 months while staying with my brother looking for job in Lagos. Yes I had accommodation and food sorted and I had cash gifts from cousins working in Lagos from time to time, but at least I wasn't a huge burden on my bro for basic things like transport, soap, toothbrush

1 Like

Sports / Re: Nigeria Vs Angola: AFCON 2023 Quarter Finals. (1 - 0) On 2nd February 2024 by COMPAQ(m): 7:42pm On Feb 02
Rumundele:
Iwobi has been playing nonsense since


Nah, he's actually been decent today

11 Likes

Sports / Re: Nigeria Vs Angola: AFCON 2023 Quarter Finals. (1 - 0) On 2nd February 2024 by COMPAQ(m): 7:41pm On Feb 02
thatigboman:
why didnt VAR check that Angolan handball? The hate against Nigeria is too much

Push before the handball. There is no wrong decision in this match. Better calm down

2 Likes 1 Share

Sports / Re: Nigeria Vs Angola: AFCON 2023 Quarter Finals. (1 - 0) On 2nd February 2024 by COMPAQ(m): 7:39pm On Feb 02
[quote author=MyAmericandream post=128257112]

That’s nonsense man.[/quote

Clear offside
Sports / Re: Nigeria Vs Angola: AFCON 2023 Quarter Finals. (1 - 0) On 2nd February 2024 by COMPAQ(m): 7:39pm On Feb 02
We are constantly looking for a semen to score with his head. We should learn to use him with his feet as well

2 Likes 1 Share

Sports / Re: Nigeria Vs Angola: AFCON 2023 Quarter Finals. (1 - 0) On 2nd February 2024 by COMPAQ(m): 6:57pm On Feb 02
LeeSmart:
Zaidu is a very yeye man😠😠

Honesty! I like him defensively, but his offensive play is a bit poor.

2 Likes

Politics / Re: Nigeria Vs Angola: Peter Obi With Nigeria Supporters Club (pics) by COMPAQ(m): 6:55pm On Feb 02
I like Zaidu, but he's not good going forward. Otherwise it'd be 2:0 now.

1 Like

Business / Re: French Firm, Canal+ Group, Offers To Buy Multichoice For $1.69bn by COMPAQ(m): 3:57pm On Feb 02
nairalanda1:


And you can go for days, weeks, months without using them, and you still have to pay full price, unless you cancel your subscription

Also, DSTV for a while had the option of watching its channels online...(meaning you could do same).

Thank you o jere. There is even DSTV stream. So that cancels the argument of not being at home to watch it. I watch Premier league on my phone when i'm in the barbing salon.

1 Like 1 Share

Politics / Re: LASG Acquires More Train-Rolling Stocks For Blue And Red Line Rail Operations by COMPAQ(m): 3:52pm On Feb 02
nastyesco:

Thank you for upholding your well taught values.
Now let’s stay on topic, the red rail was touted as a separate rail different from the NRC infrastructure (current one that runs to Iddo), except they plan to use that how is the red rail ready? I haven’t seen any construction since I last visited Lagos, they are not using a subway model.
Remember blue rail construction has been ongoing for 15yrs and only phase one is done.
Is the phase one active? can you confirm you can go ride the blue rail today.
Its not about what is said on the news but what the ground reality is.

Oga just use your google and twitter. LAMATA have issued several videos and statements on state of the infrastructure. The track is like 95% and the LAMATA lady said all stations except one is ready. And yes, they use part of the new Lagos Ibadan corridor and track for some parts and i think fresh or old track for other parts. Just google pls
Business / Re: French Firm, Canal+ Group, Offers To Buy Multichoice For $1.69bn by COMPAQ(m): 1:26pm On Feb 02
Dearlord:


Supported, it pains me anytime I remember watching my TV that what I subscribe monthly that I had never spent up to 7hr watching it in a month, sometimes it is the day I will switch on my TV that I will subscribe and after that moment that's the end .

Then you don't need it!! Cancel your damned subscription!!

1 Like

Business / Re: French Firm, Canal+ Group, Offers To Buy Multichoice For $1.69bn by COMPAQ(m): 1:22pm On Feb 02
immortalcrown:
It is not by selling Multichoice or changing the name like Nigerian political parties.

Multichoice may end like Nokia. The billing in Nigeria is very high and very unfair. Pay-as-you-view model is the only way out for Multichoice, and it is the fair model for subscribers.

Someone who goes to work during the day and stays at home only at night shouldn't pay monthly subscription. How many hours in the month does the person have to watch TV? This is the scam MTN used on Nigerians until Glo came. MTN rejected billing per second. But in less than a month after Glo came with billing per second, MTN quickly started billing per second.

On-demand video streaming is here to stay.

If not that anything goes in Nigeria because average Nigerians lack common sense, the toys called Goteevee and Starrtimes, which function with the same subscription model and are owned by the same company, will not even sell. Many Nigerian homes waste money on them and dump them after a few years. Those toys can't move market in countries that spend wisely.

You people have started with this nonsense again!! Show me the website of Multichoice in any other country where they offer this pay per view billing!?

Are the following not monthly subscription? Do they care whether you use it or not?

Microsoft 365
Internet subscription
Netflix
Spotify
Adobe

The content you watch on dstv is paid for in dollars. As Naira devalues, you need more Naira to pay for the same dollar, hence the price increases!!

4 Likes

Politics / Re: LASG Acquires More Train-Rolling Stocks For Blue And Red Line Rail Operations by COMPAQ(m): 9:40am On Feb 02
nastyesco:
How are they purchasing train for red rail when the construction is yet to commence? Blue rail phase one took 15yrs to complete, red rail covers a farther distance, I don’t even want to use blue rail as an estimate of how long it will take for the red rail construction to be completed.

Sincerely,
Ronu

I was well trained, otherwise I'd have insulted you! Don't you read news? What do you use your phone for? The red line is complete!!!

1 Like 1 Share

Politics / Re: LASG Acquires More Train-Rolling Stocks For Blue And Red Line Rail Operations by COMPAQ(m): 9:38am On Feb 02
StayMotivated:
They signed an agreement with EKO ELECTRICITY FOR ELECTRICITY SUPPLY TO THE RAIL TRACK

Nope!! They have an IPP in the Festac /Satellite axis
Politics / Re: Tinubu Orders AGF, Lokpobiri To End $1.3 Billion Oil Block Dispute by COMPAQ(m): 9:33am On Feb 02
seunmsg:


Ask Olusegun Obasanjo who started the problem out of jealousy and mischief.

Which one be jealousy and mischief? What business does Dan Etete have in buying an oil block? As a government person, no be conflict of interest be that?
Travel / Re: Video Of How Road Users In The Netherlands Give Way To An Ambulance(pix,vid) by COMPAQ(m): 3:56pm On Jan 29
Truths9ja:
wow it’s even practiced in this way in USA 🇺🇸 too. Why is everything wrong in Africa then 🙈🙈🙈

Its the same everywhere in the developed world!!

I guess that tells you we ain't developed!!

In US, at a stop sign everybody stops and you go as you arrived there.
Politics / Re: Nigeria And India Seal $7 Billion Investment Deal by COMPAQ(m): 1:55pm On Jan 29
Topman7:


There are several Chinese built projects that are running just fine. Quick example, the Train manufacturing plant in Kajola, Ogun state, which employs 5,000 Nigerians, manufactures train coaches, and supplies the NRC as well as foreign markets.

Another is the Lagos - Ibadan high speed rail service.



What railway ''broke down''?

Do you even know what you're talking about?



Ignoramus talking crap.


Which Lagos - Ibadan high speed train service

Train that runs at 90kph!!??
Politics / Re: The 37-Member Committee On Minimum Wage Setup By FG by COMPAQ(m): 11:17am On Jan 29
ijustdey:
FG sets up 37-member C’ttee on minimum wage




https://www.vanguardngr.com/2024/01/fg-sets-up-37-member-cttee-on-minimum-wage/

Previous Thread:
Tinubu Approves Inauguration Of Committee On New Minimum Wage

I recommend between N120k - N200k as a new minimum wage!

However, I also recommend that the public service (civl service, agencies, parastatals) be trimmed by 20% - 30%.
Foreign Affairs / Re: Niger, Mali And Burkina Faso Withdraw From ECOWAS by COMPAQ(m): 8:56pm On Jan 28
MrProlific95:
Good riddance, Military rule is an enzyme to looting and corruption

Have your democratic rulers performed any better?
Sports / Re: Nigeria Vs.Cameroon: AFCON Round Of 16. (2 - 0) On 27th January 2024 by COMPAQ(m): 10:32pm On Jan 27
APOPTOSIS:

Very Very Poor

Ball just keeps bouncing off his feet
Sports / Re: Nigeria Vs.Cameroon: AFCON Round Of 16. (2 - 0) On 27th January 2024 by COMPAQ(m): 10:31pm On Jan 27
Iwobis touch is so poor!

4 Likes

Politics / Re: FG Lines Up 140 Officials To Assess Tinubu's Ministers by COMPAQ(m): 1:01pm On Jan 27
emkz:


https://punchng.com/fg-lines-up-140-officials-to-assess-tinubus-ministers/?amp

So civil servants will assess Ministers??

If they are serious, it should be a mix of civil servants, organized private sector, journalists, students in tertiary institutions,
Politics / Re: Over 30 Companies Got Licences For Power Plant Yet No Watt Generated - Ajaero by COMPAQ(m): 1:17pm On Jan 26
BreconHills:


Nobody will build refineries or power plants if there is a subsidy disincentive. Once subsidies are removed refineries and power plants will start working. Nigeria is not a communist country. Even communist countries now believe in profit.

But guess what? It is the NLC holding on to some weird Marxist ideology that wants to keep subsidy and have private power plants and refineries.

No bi juju bi dat?

Watch refineries spring up now that subsidy has gone.

Electricity next. Pain yes. But without that pain, it is a certain slow and painful death.


Honestly, NLC is totally outdated! And voting a Buhari with outdated socialist, Marxist thinking is what finished this country!


This idea that government will do everything is so outdated. FG budget for 2024 is only $25bln or so. Private capital around the world can bring $100bln to this economy in 1 year if we get things right.
Crime / Re: Court Sentences Feyi Daniels To Life In Prison Over Rape by COMPAQ(m): 1:12pm On Jan 26
politicoNG:


https://www.tvcnews.tv/2024/01/update-court-sentences-lagos-cleric-feyi-daniels-to-life-in-prison-for-rape/

Previous Threads:
https://www.nairaland.com/7683890/bishop-feyi-daniel-raped-me#123046246

https://www.nairaland.com/7656746/court-remands-bishop-feyi-prison#122580085


Despicable crime yes, but i don't believe rape should be a life sentence, especially a first conviction. Give him 5years max! Why should rape get more jail time that those who steal N100bln!!

6 Likes

Business / Re: Kingsley Moghalu Reveals The Problem With The Naira by COMPAQ(m): 11:35am On Jan 26
poseidon12:


How can you hold state governments to account when you are running a unitary system of government? To hold them to account, you have to first restructure the country.


Restructure is not really the issue!! If you cant hold the federal government, how will you hold the State government??

When Nigerians are ready to hold anyone, we will know!!

I keep saying it, thousands of Nigerians came out to walk for Mo'bahd!! Call those same Nigerians to walk in Abuja against poor economic management and corruption, they wont show up.

1 Like

Business / Re: Kingsley Moghalu Reveals The Problem With The Naira by COMPAQ(m): 11:02am On Jan 26
nlfpmod:


Kingsley Moghalu

Pretty much exactly what I said on X!


The reality is that Nigeria is suffering from the poor economic decisions of almost 20-30 years!! We have put off the pain for decades and continued riding our luck! That luck seems to have run out now and this generation will unfortunately have to bear the brunt of this mismanagement, which came to a head under President Buhari.

The FX rate is simply the result of the demand and supply fundamentals. Demand continues to increase unabated. Everything around us is imported. In fact everything on us right now is probably imported. clothes, watch, shoes, phone, tablet, laptop etc. Added to traditional demand for USD is now the masses of those migrating permanently or for school.

Supply on the other hand continues to dwindle due to oil production way below Nigeria's historical production levels. To make matters worse, the Emefiele CBN of the last 5years seems to have mortgaged our future USD earnings already. And the Tinubu government has also securitized future NLNG dividends. Funny enough, the same NLNG has already issued profit warnings due to insufficient supply of gas for existing trains 1-6, how much more train 7 under construction. So we are likely to be in a deep dollar supply mess for the foreseeable future.

And as for oil production reaching 2mln barrels again on a consistent basis in the near future, that's a tall order. The onshore oil production assets and infrastructure has been almost totally lost to bandits and criminals. You produce 200k barrels, only 100k barrels gets to the terminal. Aging oil fields need new investment, but who will invest in the midst of all that madness! Even in the offshore where its relatively safe, Nigeria is no longer the oil magnet it once was. With many other countries in Africa and beyond finding oil and gas reserves in the last decade, Nigeria with its legal, infrastructure, political, regulatory issues is one of the last places anyone wants to bring his money. And a $10bln investment in a new field would improve supply in the short term (FDI) and also in the long term (production).

So if we have no USD supply as a country, how can we defend the Naira!? The only option was to allow it to find its market value.

And funny enough, the expectation is that a depreciated Naira will force demand to slow down and spur exports. That's the text book impact. But Nigeria has such a poor industrial base that if NGN were to become $/5000, it wouldn't even spur exports, because we really have nothing to export in the short term. And because almost all our inputs into production are imported, it actually just increases the cost of said production, so we lose any advantage a devalued Naira might have provided for cheap exports!

And because Nigerian's feel we have no options to medicals and schooling abroad, we will continue to demand the dollar at whatever price. I am not sure there are that many people with kids in school abroad 1 year ago when dollar was N750, that have brought the kids back home because dollar is now N1400. Somehow the parents always seem to find a way to get more Naira to buy the dollar at whatever price. And the cycle just continues!!

it is such a vicious cycle that is extremely difficult to break.

https://twitter.com/oyeolsakin11538/status/1750805925697364222

1 Like

Politics / Re: Lagos To Float Airline, Build Airport In Lekki by COMPAQ(m): 10:47am On Jan 26
dre11:


https://thenationonlineng.net/lagos-to-float-airline-build-airport-in-lekki/


In my view the impact of 4th Mainland on traffic in Lagos is overrated.

Probably 70-80% of the traffic in Lagos on a daily basis is by people from the mainland heading to the business and commercial hub on the Island (Marina, Ikoyi, VI, Oniru, Lekki Ph1) for work and trade. And also folks from residential areas along the Lekki - Epe expressway up to Ajah heading to the same Island for work.

I do not see how 4th mainland bridge helps with any of that based on where it it supposed to be.

Majority of the population of Lagos is very much to the west of where the bridge is supposed to be and will not impact their daily life much. I am not sure there are many people in the Ajah axis who commute to Ikorodu axis daily and vice versa!

For me, the money to be committed to 4th Mainland is better served with the green line rail along the Lekki - Epe corridor to around Abraham Adesanya in the first instance. That will have better long term impact on the people.

Worst case, if we believe there is some commerce between the Ajah and Ikorodu axis, a ferry terminal capable of taking cars could have been done on both sides. There are parts of London where you can just drive onto a ferry and it will cross the river Thames and you drive off.

1 Like

Agriculture / Re: Over 50% Of Poultry Farms In Nigeria Shut Down In 2023: PAN by COMPAQ(m): 9:27am On Jan 26
iwaeda:


https://gazettengr.com/over-50-of-poultry-farms-in-nigeria-shut-down-in-2023-pan/


This makes no sense!! if there is demand, why did the farms close down?

If there is demand for a product, the price should go up making more profits for the farmers.
Politics / Re: Lagos State Removes All Illegal Shops Around Mandilas Building by COMPAQ(m): 9:25am On Jan 26
Travel / Re: Construction Of Enugu-Onitsha Expressway, Ninth Mile Axis (Pictures) by COMPAQ(m): 9:24am On Jan 26
Kepukepu:
Most of the federal roads in southeast are receiving attention lately.


Good to hear. But when are we going to learn to properly maintain our roads though!!

That's the main reason why our roads fail so quickly. We never cut the bushes by the road or sweep the sand off the roads, which allow water to pool by the edge of the road when it rains. And everybody knows that stagnant water is the worst enemy of roads.

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