₦airaland Forum

BruncleZuma:
To stream you need a stable internet, but what do I know, I'm stuck in Yenegoa and it's not "free music" per se.

Dude calm down. How much internet do you need to stream music? Not that much. A 5GB monthly that gets you 2Mbps speed is fine, except you blast music like 3 hours every day. For a casual 1hr per day music user that would be fine.

dheaven:
Why so happy over it, what's our benefits? Its the company that is suppose to rejoice not we.. They are here to make money.

Abi o. Besides they don't really have anything i can't get on apple music or Deezer. So what's the big deal.

If Emenike us not careful in 10years he'll be broke.

TheRareGem1:
https://punchng.com/25000mw-deal-fg-siemens-sign-pre-engineering-contract/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1613970834

Six years will come and go and then Nigeria will still be producing 5000MW. I wonder who it was that swore for this country! Whoever it is though, his jazz is strong.

iwaeda:
https://punchng.com/buhari-govs-to-discuss-fuel-pricing-thursday-ngige/

Guys don't have a clue how business works. So you have given someone 'marching order' to reduce the price of gas, yet gas comes with a cost of production. Yet when the gas producers start making loses and stylishly stop producing gas, you will come out to say there is no gas. Back to square zero!!

I'm curious. Where is the petrol from Walter Smith refinery that was commissioned with pomp and pageantry recently.

ashewoboy:
What A Man's Babe Sent To Him. Should He Be Worried?

Very worried!! She's going to camp somewhere for a few days. But since she's your 'main' GF, I assume to you also have other GF's. So both of you should fire away!!

if anyone is still driving Benz 190 in 2021, the moto reach to somersault!! That's a model of about 30years ago!!

Obviously the car is on its last legs and would have many mechanical issues unnoticed to the owner, moreso being a benz and not a Toyota. Benz is not meant to last that long.

dre11:
As Cattle breeders threaten withdrawal of service, demand N475b compensation



https://m.guardian.ng/news/cattle-breeders-threaten-withdrawal-of-service-demand-n475b-compensation/

Funny enough, the idiotic NASS members from the north will actually raise motion supporting the payment of the N475bln. Just watch!!

adenigga:
https://m.guardian.ng/News/Petrol-pump-price-dilemma-lingers-as-FG-retains-subsidy

So even after the plenty gra gra by NNPC boss in last few months that we will never go back to subsidy, they are already afraid to increase the price for political reasons!!

The so called high production cost of crude in Nigeria as at now had nothing to do with the price of petrol. It may mean FG makes less per barrel, but in as much as we import petrol it has little bearing on the price of petrol as we are working with the refiners cost and refiners buy crude at the market price.

On an aside, there are two issues I have with so called high production cost in Nigeria. First is that the way NNPC calculates its opex is flawed. they use a concept called common cost. Basically, they take out all 'opex' related cost used to support a capex expenditure and call it opex. As any Chartered Accountant worth his salt knows, the entire cost of an asset, including costs incurred to bring it into use can be capitalized. To explain it differently, what NNPC is saying is that if I am building a house and I hire a lorry to bring a load of cement to my site for N100k, that the N100k is not part of the cost of the project, but opex!! They are saying even the labour spent on site is opex, likewise supervision, land rent, cost of processing title etc. Which developer building an estate will exclude all these things from his project cost? So if these thing cost N100m in an estate that cost N700mln, is he supposed to base his pricing to you and I on N600mln?? If you calculate opex normally, unit opex per barrel is less than $15 for most IOC's - in some cases as low as $9

Second issue I have with so called high cost of production in Nigeria is huge costs oil companies a re forced to spend on security, logistics, community relations and NDDC (3% of budget), which other countries do not have. Not to talk of useless supervision that just complicates processes and increases cost. Simple approval that a self run company would secure from its management in days takes NAPIMS/NNPC months and in some cases years!

While I recognize that increase in pump price is painful, I totally support it because this country just cannot afford to be 'throwing' that money away. To prepare for higher petrol prices in future, i have already told myself that my next car will be a Toyota hybrid, by which I will spend like 30-40% less on petrol. That's the kind of thinking we should be doing to save costs, not just condeming it, so that it can stay cheap for our individual short term benefit, while it jeopardizes our collective long term benefit.

Femeto:
Una go by new car. No law gives the police the rights to auction peoples cars.

Then the owners should go collect them, simple!

Tranquility4u:
The Nigerian government is totally confused. What will poor and average Nigerians be benefitting from the government at low cost, after these assets are sold to private individuals?

What is anyone benefitting now?? Other than those in government stealing from it

Cantonese:
Noo. With all the equipments in place, installation should just take a few months, at the most.

Yeah. Solar is actually quite easy to deploy. In other parts of the world, solar plants of 500MW are delivered in 24 months.

Rather surprising that Delta state would be considered a good location for solar. With lots of rain and cloud cover, I wouldn't have thought so. Kwara, Benue or Kogi seems more sensible to me.

VEXT:
https://dailynigerian.com/hisbah-operative-caught/#

Epitome of hypocrisy!!

Emu4life:
Forbes be recognizing people carelessly. INFLUENTIAL ENTERPRENUER INDEED.

Abi o. That's why I don't agree that Folorunso Alakija is a successful entrepreneur in Nigeria. Any idiot can be rich if given an oil block that actually contains lots of oil.

GallantDuke:
The airport wey dey my village better pass this one. What is the essence of building another airport in Ebonyi state when the one in Enugu can serve both states?

I don't understand this craze for airports in the East. There are existing long standing airports in Enugu, Benin, Owerri, Uyo, PH, Calabar and Asaba.

But now Anambra, Ebonyi and Bayelsa are building. Na Abia remain to build.

i would not even have an issue if they would be self sustaining, but unfortunately most of them will become a drain pipe to the state government, meaning less money for education, health, roads and other infrastructure.

I dare any state government building an airport to make it self sustaining. i.e the staff and maintenance of the airport will be paid solely from the revenues of that airport and let's see how many will survive.

lexy2014:
It's not because he is smarter. It's because he is most a front for corrupt practices in govt. According to www qz.com:

"Between 2010 and 2015 when Dangote cement earned around 1 trillion naira ($6 billion) in profits, it paid only 12 billion naira ($72 million) in taxes—a tax rate of just over 1%."

Fact is, dangote barely pays taxes up till now. U don't get that type of concession because u are more smart and daring than ur peers.

Wasn't he given tax holiday to build the cement plants? That happens in many places of the world. Its not a new concept.

seunmsg:
I’m glad they were properly charged to court and have now been granted bail. That’s the right thing to do. It would have been condemnable if they were detained perpetually without charging them to court. The court should now be allowed to decide their fate.

Quite right. Not that I agree that they should have been arrested, but by quickly charging them and releasing them on bail, they the government can claim to be following due process.

yinkus6750:
If the security agencies don't want them to protest, they should follow legal means to stop the toll gate from operating.
Cars can boycott the gate, follow alternative routes, or they go to court.
Enough of bloodshed in the name of protests.

.
Since when did the protest become about the operations of the toll gate!?

ClassicMan202:
Ok... While dey destroy local refineries in the creeks.... One Nigeria indeed

There are no local refineries in the creeks. The they are all illegal, and they using stolen crude that other people spent money to produce and wrecking the environment in the process.

BeeBeeOoh:




The owner of this care will be like, My God Works In A Mysterious Way.

That car was on a truck that's used to transport cars. It was not being driven on the road. That's why it's that high up and untouched.

we refuse to deal with the hydra headed monster of NURTW, so what do we expect? When stark illiterates stand on the streets and are able to collect money daily, per trip from buses and taxis in this day and age, what do we expect? There is nothing that causes fight more than money!

This is a symptom of ineffective, incompetent, thoughtless leadership over time. Sanwo Olu has no liver to take on NURTW, because they are part of the political machinery of winning elections. Even if he wanted to, his political bosses will not allow him.

samwillyco1:
This people are all confused set of people, upon all the problems in Nigeria, they want to replace BVN with strong security against hackers, with NIN with Zero security.

Another reason they want to replace it with NIN Is so that all their illegal transactions/looting will not be traced .

What is strong about bvn? At the end of the day they are all unique numbers assigned to individuals

yinkus6750:
When the south south invented kidnapping, no one knew it will spread to other regions.
Now it's a great disaster that is haunting the entire nation.
No where is safe in this country.
Hope the new service Chiefs will wage war against this ugly menace.

This should be for Nigeria Police to deal with, and not armed forces.

Shugar1:
Now this is a building worthy of being called a mansion.
Contemporary architecture is the future.
Kudos to the architect
Kudos to the spender

To architects in the block. This is how a 2021 buiding should look like not what u have been dishing out to clients.

I totally agree. Some do called rich men are still building house with roman pillar all over. That style is so 1990!!

I've been in US since July last year and a gallon then was $1.55. Now its $2.05. That's almost 30% increase in 7 months because of increase in crude. Many Americans are also out of job and suffering due to pandemic.

Agreed they have some government support, but they will all tell you its not enough. Besides here they pay all manner of taxes. We gree pay tax for Nigeria? Just recently did we manage to increase vat to 7.5%, meanwhile sales tax here on everything I buy is 8.25%.

Meanwhile this is a country that's has budget almost 300 times that of nigeria.

We cannot afford subsidy. Its common sense. The conversation should be what else to be done to manage the brunt.

For those who pay no formal tax, that should be their own tax.

Esseite:
In all, the well being of the populace was his most proprity..

See how Nigerians forget so soon. You've forgotten the queue under Jonathan, the subsidy frauds under Jonathan?

Amotolongbo:
https://punchng.com/amotekun-intercepts-truckload-of-armed-fulani-herdsmen-in-ibadan/?amp=1&utm_term=Autofeed&utm_medium=Social&utm_source=Twitter&__twitter_impression=true

This is pretty much how ALL Aboki's get to Lagos.

Their being in a truck is not a crime. Neither is having bow and arrow. What we need to do though is remove this okada business from being viable so that they have no reason to come down south. Okada business is what has brought 80% of the Aboki in Lagos in the last 10years.

nairavsdollars:
Temidayo Akinsuyi, Lagos


https://www.independent.ng/apc-govs-consider-zoning-presidency-to-north-in-2023/

The politics of Presidency!! As ridiculous as it sounds that APC would zone it to North after 8years of Buhari, it makes sense. If PDP goes North and APC does not, PDP will gain strength there in addition to its power base of SE/SS and that will likely be enough. I see PDP doing President from North and VP from SE/SS.

However, if APC also goes North, then it will likely lead in North and SW, while PDP will hold is stronghold of SS/SE.

The only way APC can zone to SW/SE with confidence is if Buhari campaigns aggressively for whoever the candidate is, but we all know Buhari will not do that. He's not a party man.

Even if APC cuts a deal with SE/SS to feature an Igbo man as either President of VP, it will likely not hold. The only way this works is if PDP "annoys" SE/SS by not giving them even VP slot and I doubt PDP will make that mistake. I see that going to Wike.

The sad part of all this though is that none of these permutations is about you and me, but access to the "cookie jar"


All said and done though, depending on who they bring as P/VP combo, PDP may not be a bad idea to also show APC that bad performance will be rewarded by being booted out. APC has not been much better than PDP.

ChelseaArmy:
https://dailytrust.com/stop-running-to-buhari-over-insecurity-senate-tells-govs

The FG concentrates power in Abuja, but when it comes for time to work, it suddenly knows that these should be handled at the state level. If that is the case, then more resources should be given to the states.

The governors have a unique opportunity to battle the FG and reduce the power of the center, but almost all governors are too lazy to do so.

Governors forum was more powerful during OBJ and Jonathan's time, but unfortunately it was for selfish reasons as usual, so they could not maintain that brick wall. And Buhari has whittled their power, because many APC governors are riding on his back to win elections.