zelnababa:
what re we using before?

CharleyBright:
Hmmmm.
This is not Good news for those big butts women that use take-away plates to steal party rice in owambe parties.

But Lagos state govt are not even serious. Instead of seeing opportunity in the threat situation, and create mediums thru which they can create wealth and job opportunities by recycling these take-away plastics wastes, they want to kill the industries that manufacture the products.
Our leaders are bereft of innovative ideas that will spur development.
Mumu govt with mumu decision.

Botragelad:
How are foreigners allowed to mine Nigeria's natural resources illegally. Such a shame!

mrvitalis:
I don't know what metrics he is using but for me naira is over valued at 1300

If I were president I would devalue to #1700 then aggressively defend it there as I would have the liquidity to do so

Key thing is we need to identify key areas we have global comparative advantage.. ( what we can produce cheaper than most part of the world or what we have the potential to produce cheaper than most of the world) and heavily provide credit facility to this sectors

Driving export, increasing for example earnings

If we remove the subsidy on electricity and invest 700bn as loans to bank at 3% interest rate to be given to only players in the cassavacassava/ sweet potato to ethanol industry... I believe we can catapult that industry to a multi billion dollars industry creating millions of jobs and getting our investment in 10 years max

StoriesUpdate:
How Churchill Shut Down Ekimogun Day, Rained Bundles Of Dollars On King Sunny Ade

Watch Video

https://www.youtube.com/watch?v=p8h43d1kwHU?si=hgKlZJ92WXsQUIrf


The Ekimogun Day, an annual carnival in Ondo town, Ondo State, an event that incorporates dances, marches and impressive cultural extravaganza may have come and gone, but the memory it created will last for a while.

It was the day popular socialite, Dr. Olakunle Churchill brought the event which had top dignitaries to a standstill when he invoked a rain of dollars on the legendary musician, King Sunny Ade.

At the annual festival which brings together all sons and daughters of Ondo town from across the world, the calm and action-packed Churchill was sighted nodding his head to the sweet tunes of King Sunny Ade as it was blaring from the speakers.

Sensing that he was ministering to the needs of his audience, KSA as he is often referred raised the tempo, leaving Churchill with no option than to reach out to his well laid variety of currencies, picking wards of dollars and immediately stood up.

He gently walked to KSA on the stage while a crowd of supporters followed him.

While he was exhausting the wards of dollars, he was sending message across for more supply, leaving the stage with a heap of dollars.

Churchill is known for spicing up social gatherings with his ability to invoke rains of dollars.

Kenochi:
Let me take sometime to educate Nigerians before some people will come here and start claiming that the Economy is failing
Most operators in Nigeria's Upstream Oil and Gas Sector know that their game is up,there was a time Nigeria through the NNPCL had to resort to the importation of Refined Crude oil for close to 20 years.This allowed NNPCL and most Oil and Gas companies to participate in the controversy Oil Swap
Most Oil and Gas Companies used this fraudulent practice to shortchange the country, they collected crude oil and brought back Refined crude oil and still collected subsidy. Nigeria was fair game and all this big Oil companies looted Nigeria dry
Then something happened, the Dangote Refinery was mooted and this would put an end to this evil practice. Most Oil Companies knee that if this Refinery ever started their easy money was over
My people, this is what is happening. I am confident that more Oil companies will leave the country because their access to free money is gone for good

Still selling good properties with good titles at the Ibeju Lekki Industrial Hub....kindly check my signature

thesicilian:

You can bookmark this page and come back to answer your question when either of your parents get to that age and state.

thesicilian:

Speaking of the living as if he's already dead is a no no for me.

gadgetplanetng:
NUPRC was also working to cut the cost of oil production to about $20 a barrel, down from between $25 and $40, by providing incentives to oil producers.
https://www.reuters.com/world/africa/nigeria-aims-raise-oil-condensates-output-26-mln-bpd-by-2026-2024-01-01/#:~:text=Two%20of%20three%20consultancies%20tasked,providing%20incentives%20to%20oil%20producers.

How much is a barrel internationally?
We sell as between 2x and 3x production cost.
I don't post carelessly.

Neither do I! As clearly seen from the chart in the link below, Nigeria is amongst the highest!

Mind you, this is Unit Production cost otherwise called unit operating cost (UOC). Basically how much opex you spend per barrel.

There is also something called unit Development Cost (UDC), which is how much Capex you spend per barrel.

The two of them added together becomes unit Technical cost (UTC)!

UDC is relevant depending on which cycle your oil fields are. if you are a country where the capex was spent 30years ago, then UDC is less relevant.

But if you are a country experiencing significant decline from existing fields and you need to drill lots of wells to replenish and maintain production, no to even talk of increasing it, then UDC becomes very important - even if its not talked about a lot. And Nigeria falls in this category. We have offshore oil fields that 5 years ago were doing 180k barrels per day that have dropped to 100k barrels a day today.

https://peakoil.com/production/heres-how-much-it-costs-both-saudi-arabia-and-the-us-to-produce-oil#:~:text=According%20to%20data%20from%20energy%20industry%20consultant%20Rystad,as%20well%2C%20which%20is%20well%20below%20rival%20nations%3A

gadgetplanetng:
If the sell the crude oil to the refinery at a cost plus basis, we would have affordable fuel.

International prices do not take costs into consideration which is why some oil producers, especially the shale and co stop producing below a certain level.

Nigerian crude is cheap to produce.

Enemyofpeace:
they are planning to sell all the airports in Nigeria

Lordswat:
HONESTLY, MULTICHOICE NEED TO BE DEALT WITH, BECAUSE THE WAY THEY KEEPS INCREASING THEIR SUBSCRIPTIONS IS SO WRONG, HOW CAN THEY INCREASE TARIFF 3 TIMES WITHIN ONE YEAR, CAN SUCH A THING HAPPEN IN SOUTH AFRICA? NIGERIA HAS FAILED US WOEFULLY

Richtaiwo:
I thought gas flaring has stopped. Why the flaring? Can't it be converted to a useful purpose? I understand gas flaring produces excessive carbon monoxide (CO) which destroys ozone layer leading to global warming.

oyeb15:
What about d qualified but unemployed. These people prefers projects they can use to steal billions of naira than improving d lives of d general public.

My agenda as governor.

1. Clear outstanding gratuities and pensions
2. Retire those who are due or remaining less than 5years across all parastatals.
3 Employ fresh 30, 000 people into d state labor force.
4. Partner with Norway, setting up an electric vehicle, bike plant in the three senatorial district.
5. Invest in generating state indigenous electricity and disconnection from national grid.
6. Pay unemployed youths stepends.
7. Repair damaged roads and request permanent military checkpoints on hot spots.
8. Regular training for all security agents posted to my state on how to relate well with my people. Complain lines will be set up at d state ministry of justice and Ering officers will be persecuted and dismissed.
9. Abolish all police, frsc,Vio etc checkpoints throughout my state.
10. Traditional kingship stool will cease to be mainly appointment . Once there is no consensus within d ruling family, qualified candidates will face election within d community.
11. Public officials above level 10, political appointees must have their children school in d state public schools.
12. Health insurance for all indegenes.You only have to pay 40%.

robosky02:
AFCON 2023: Onuachu replaces injured Sadiq in Nigeria’s squad




https://dailypost.ng/2024/01/12/afcon-2023-onuachu-replaces-injured-sadiq-in-nigerias-squad/

englishmart:
The reason the president can't hold thieves in other parastatals accountable is that he's a bigger thief and most of the leaders of those parastatals have damning evidence on him.
See how much customs generate, yet we borrow to fund budgets.
Do you have any idea how much the police force extorts, and in some cases forcefully obtains from civilians?
That should be enough to find a decade budget.
Do you know how much Tinuhu paid Chicago State University to enshroud his certificate fraud?

ppogba:


So, you have concluded that we don't insure cars in Nigeria.

I have said it before. It seems people normally leave their brain behind at MMA on their way out of the country.

Whalis:
I always try to do away with this but it always builds up again.
I may not be the only one struggling with this.
Although sometimes it has come to help when I suddenly run out of soap.

Loooooooogstory:
Salary 13k
primary school teacher

Qualification BA
5years experience in diverse sectors.
The pay is ridiculously low but what can I do? No one will dash you ordinary 6k talkless of 13k.
I am praying God provides a miracle. The kids are fun but when I get home, depression holds strong on me

kolamilan:
I pity those BDC Abokis who make daily transfers.

Victimoftribali:

Zenith and access bank charge me even for 1k transactions, how do we reconcile that?

Ladiesdoctor:
I wonder why Nigeria govt has not make a strong decision to bring this multichoice to it's knee.
The monopoly is really taking toll on it's subscribers.
Believe me, if to say multichoice is own by a Nigerian in South Africa, the xenophobic people would have done something strange to it.

How I wish Orji Uzor Kalu is the NFF Chairman!

Anyway, Nigeria is a good country with good people.

God bless Nigeria

mamaafrik:
If Dapo Abiodun is a smart man he is supposed to drag that line from agbado to Abeokuta(linking ilaro and sagamu through the purple and orange line).

dre11:


https://punchng.com/where-are-they-five-most-powerful-persons-of-the-buhari-era/?amp

Bestmanfornow:
Ongoing First Smart City in Southeast Awka Millennium City (AMC), the subscribers of the city has started erecting buildings after the completion of access roads, drainage channels, walkways, fiber optic, central water storage, Power sub-station etc, AMC comes with low density residential area, medium and high density residential area, The entire development sits is approximately 100 hectares of Land. AMC is been develop by M-P Infrastructure Ltd, AMC is a Premium multi-nucleic real estate development that is slated to redefine the concept of urban living within Awka, Anambra state.

WATCH the full video both ground and aerial coverage

https://www.youtube.com/watch?v=mBoTaPt_9c4?si=zncoxvaJJev_Brva

mrvitalis:

The problem is Nigerians believe infrastructure drives economic growth

This is the foundation of the problem... Remember Obi vs Osibanjo debate 2019

APC is a firm believer in this theory just like awolowo

Build rail way, build roads, economic development and growth would happen... Yes it's seems like the most obvious answer right


Now let's me ask you this... If I go to your village, fix all their roads, build standard schools, health care center, given them 24 house electricity.... What exactly would that change... Please answer me

Would yout people be richer? Have better economic standing? Is yes by how much

Klass99:


Lol 🤣. I enjoyed reading this. Was it the xenophobic retaliation attacks that led to mass looting at Osapa Jakande? I thought it was the end SARS protests and toll gate shootings that caused that.

TopNotchTrends:


https://www.instagram.com/p/C12eYkYNBpn/?igsh=MzRlODBiNWFlZA==


Portable has purchased a new Mercedes Benz and he shared it on his Instagram page.

Portable who crashed the vehicle given to him by unique motors has previously dragged them for not providing him a new one. He has now purchased a Mercedes Benz.

Share your thoughts.

https://www.youtube.com/watch?v=fYWxSGwG3uQ?si=zraezS4ihfN09TW7

U09ce:
I was told that the only viable discos are Eko and Ikeja. Even Abuja disco is struggling - due to the neighboring franchise states (Niger, Kogi and Nassarawa). The privatisation of PHCN was ill thought and badly implemented. The power sector is unlike telecommunications where strong competition entrenched fairer prices. The value chain for power sector is longer--the gas supply part of it is dollar dependent. Thus, it's prone to several vagaries.
The minimum wage for workers is currently a measly 30k. The average take home of Nigerian families is probably less than 50k monthly. A KWh of electricity is now at least 60 Naira. A modest house spends up to 20k per month for 15 hours of electricity. How do you expect such a family living in penury to pay the power costs?
The government needs to get a viable solution to this mess