₦airaland Forum

stinflame:
Don't mind Putin, we agree they have the highest gas deposit and that is because others have not been discovered and harness, he will be shock to see an alternative to Russia Gas.

It’s not a matter of finding gas, anybody/country can do that. It’s about completion and production. That takes resources including technology, financial and most especially time. Can the EU afford 1 year without Russian gas? The answer is no.

The US is fast tracking their LNG development and shipment to counter Russian competitive advantage in Europe. The question at the end of the day will come to pricing. Can the US compete with Russia based on Logistic pricing? Vessel logistics vs. piping

Great strategy for the appreciation of Rubles

I am not an advocate, supporter of Russia.

I hope all those countries that don’t bend to the rules, maneuverings, cajoling and bullying of western nations are paying attention to these scripts. I hope they are able to build risk mitigations, buffers to counter these economic sanctions. It’s Russian turn today, tomorrow it might be Nigerian, South Africa, and other developing nations.

Can any African countries grow under these kind of expected economic sanctions, should they defile the yearning of western countries?

LeoDeKing:
Lol.

If this report is true, then those govs must be dreaming.

So in their wildest imagination, if for any reason the military takes over as emboldened, the govs will remain chief executive officers of their respective states abi?

Or what exactly do they mean by "force a change of govt"?

Even these overgrown puppies screaming military intervention all because of Buhari, I doubt they even know how the military govt operates.

Shebi every clown dey open mouth to say anything he like now, and they assume that will be the case under military govt abi.

Na dat hatred for Buhari go send una go where you never dream of.

Is this really hatred for Buhari? Or the North is not ready for Southern president. Could this be a back channel to install northern military president via coup. They will not succeed

This would have been a great move, but enforcement will be a problem. Secondly, how do you ensure this will not increase overall price of commodities locally?

Very nice
I agree with Baba. I’m convinced, Soludo remains the best CBN governor Nigeria has ever produced. His vision of bank recapitalization exercise, birth of African Finance Corporation to ensure Africans can finance big ticket projects including infrastructures, oil & gas and others has been the best so far.

To grow Africa, we need to keep most of our spending and charges within, including banks charges of interest rates. Also, deserving viable projects should not rot away, and be at the mercy of international bankers on the disguise basis of political/ security risks.

The recapitalization exercise changed the face of Nigerian financial system, capital market and ushered in a new growth opportunities for Nigeria… until some half baked economist bastardized the system.

This is getting more interesting. Chinese to the rescue. I wonder what the Chinese will demand in return. No free lunch any where

Please, correct the title. Its very misleading, does not correlate with the content. The government and lawmakers disagree with creating a new agency to fight open defecation. I agree with them

Abdullah Sule or Zulum

Abdul05:
Traitor

What was his offense? We are so quick to judge

emmanuelewumi:
Yes if you are a trader, but those whose dividends increased by 100% and more in the last 10 years will disagree with you

UCAP, Afriprud comes to mind

Interesting

Another marketing strategy...

Let's see how this is going to play out. I know this bill is not going to pass, not with the crop of leaders we have. But, kudos for bringing this to limelight. I hope it will spark the discussion on other relevant issues necessary for our progress.

vedaxcool:
Nigeria in times of high oil prices couldn't do this; under PMB, the poor are recieving support despite unsuitable oil prices and a myriad of challenges.

Keep deceiving yourself. The economic data are there for the informed, smart and wise to see and decode.

RuudVanNisteroy:
David Cameron was right about this fantastically corrupt country. They are about to empty the foreign reserves based on the valuation of the refinery at $95 billion dollar based on the 20% $19 billion dollar stake by NNPC.

Some people in NNPC and APC about to secure their retirement package and generations for the next thousand years.


https://www.youtube.com/watch?v=Wg7lfHL_l1w

Let's see how this movie will unfolds. This people have no human feelings at all. How do you justify $95 billion monster valuation? This is madness

What happened to the bandits. Have they been apprehended?

Thanks for sharing

Name of the commander?

sweetshisha:
ESN got hunted for killing Nigerian Security Agents

What about bandits that kills Nigerian citizens everyday. Are their lives not worthy of protecting?

Papertrails:
A terrorist will always remain a terrorist, forget all the innocent face and all.

Those people exposing the man as a terrorist today, didn't know that when they appointed him as a minister? The evidence they are presenting today have been part of public discussion all these years, why come out now?
What is happening to Pantami is a case of when you fight evil, evil fight back with vengeance.

majole:
This one na Saraki Prophet

Exactly my thought. He said the same in the last election

Really sad that a country of 30 million people, with roughly $80 billion GDP displacing the almighty giant of Africa with 200 million people and over $400 billion gdp. Leadership they say is everything.

Thanks for sharing

Jashub:
Op, how come you're seeing these men as the only hope Nigeria has? Does your conscience not prick you when you think about the atrocities these men performed during their days in power?

Name one Nigerian politician that has no skeleton in his / her cupboard? Or has no visible atrocities committed during his/her days in power? All Nigerian politicians are corrupt, they lack accountability and transparency. They have no integrity, no conscience.

Having said this, we still have to allow the best competent hands among them to lead us through this difficult times.

volo112:
what are this guys looking for in Africa
they are quick to spread their charity wings throughout africa when the Nigerian people have not gotten enough
he has the right to spend his money however he made his fortune in Nigeria
instead of concentrating on the whole of Africa ,why not focus on healthcare, education and entrepreneurship in nigeria and see how many lives will be transformed.
how many African billionaires have we seen their 50kobo in nigeria in terms of charity

Any small issues now, smaller african countries not bigger than lagos will be dealing with nigeria.

The man is trying to build an African company, so it make sense for the foundation to be Africa focused. Building a pan African brand is the way to go.

Hopefully, this will not be another audio foundation

I like this, even though is part of their marketing strategy.

At least, some people will benefit from this initiative.

If more of our elite personnel, corporate bodies can think along this line, Nigeria and Africa will witness a new growth and a different way of thinking.

Kudos to the man

ogododo:
The Nigerian National Petroleum Corporation (NNPC) said on Monday that the $1.5 billion approved for the Port Harcourt refinery was for complete rehabilitation and not turnaround maintenance.

The Group Managing Director (GMD), NNPC, Mele Kyari, said this in Abuja on Monday, while reacting to controversies and unverified claims by some Nigerians on the funds meant for the project.

Kyari said that the refinery would work in optimal capacity at the completion of rehabilitation programme.
“We are not doing turnaround maintenance, we are doing rehabilitation of the refinery, and it is very different; it means that we are replacing certain major components.

https://www.independent.ng/were-doing-rehabilitation-not-turnaround-maintenance-nnpc/

What is the difference between rehabilitation and turnaround in this context? Revamping the refinery at that outrageous price is ridiculous. No words manipulation can justify the cost.

Is the rehabilitation project profitable? What is the payback time and Return on investment? How is the loan going to be paid back? What asset will this project be backed by? Lots of questions begging for answers

What is this loan backed by? How

Just a waste of resources. Government should not be in charge of viable assets such as refinery, or any profitable business. Running a refinery requires a very prudent, straight forward structure devoid of government beaurecracy. Decision of type of crude to refine (light, heavy or sour crude), blending process to achieve output optimization and other necessary decisions revolving around profitability of refinery should not be colored with nepotism, incompetence or government involvement.

Please and please, stop this madness of trying to revive the refinery. Sell, lease or joint venture this refinery to capable private companies so that Nigeria can get the best bang for its bucks.

untainted:
I believe 100% the pastor is innocent unless further evidence implicates him.
It could be a case of getting trapped due to vehicle's child lock.

Or someone killed and hid the bodies there.

I will go with the first scenario

I agree 100%.

If the pastor wants to use these kids for ritual, would he be dumb enough to keep their dead bodies inside his car? I doubt that.

Nice. Congrats