CrudeGH's Posts
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Explicit01:I guess you modafakas will continue to live in darkness then which country will generate 200,000MW for you apes? it is a shame a country like nigeria can't produce enough electricity for its people. all of you should bow your heads in shame. do you know the amount of gas Papa God deposited in that your country? with that, nigerian should be producing electricity to supply to the whole of West africa. yet what do we see? moaners and idle talk from a bunch of unserious people with no ambition. you can't generate electricity and someone is offering to help and all you do is denigrate that country? that is the highest level of stvoidity in my opinion! |
yashau:ole buruku! go chop amala and gbegri,huh? you sound like one of those motor park touts at ibadan. oloshi! |
Explicit01:park well ooh. did Ghana say it was going to solve your power problems? Ghana is only offering to sell its excess electricity. And where did Ghana say it will solve your country's power problems? only a fool will refuse help, no matter how small. do you know what 2,000MW can do even in a large country like nigeria? what can of rubbish talk is this? 120 million of your people lack electricity and you are able to produce just 4,000MW and someone is ofering you 2,000MW and you say you don't want it because it will not be enough for your entire national requirement? what kind of absurd reasoning is that? na waaaaaaaaaaaaaaao |
mickyarams:fooooooooooooooooooooooool undernourished underreducated unemployable magg0t. you are insulting Ghanaians because they offered to supply electricity to you modafakas? you are a foool, your mama and papa are fooools, your entire generation and sibling are mad people. talking crap after eating from the dustbin. |
Explicit01:Look, generating 5000MW by 2016, is a short term target. for the long haul, the target is limitless! with the number of projects going up in Ghana at the moment, don't be surprised Ghana can start generating 10,000MW and beyond in the medium term. The current power projects are being implemented by private sector people who are attracted but the prospect of exporting their power from Ghana. and with large solar plants as well as gas-fired plants coming up, the sky is the limit, really ![]() look, with the desperate power crisis in nigeria, 2000MW in the short term will help ease things up a lot in your zoo country. didn't power generation in your country drop to 1,700MW at some point this year? |
[s] baccaspace:[/s] you are a nigerian? that makes you worse than animal,huh? a citizen of the Federal Republic of Fooool. a zoo where people eat from the dustbin a zoo where people are killed for pleasure a zoo where 90% apes survive on less than $2 a day a zoo where life expectancy is a miserable 52 years a zoo where 200 girls have been missing for six months and can't be found a zoo where human meats and parts are openly sold in the market places why would I waste my time talking to an evil scvmbag worse than an animal? hahahahahahahaha |
[s] Explicit01:[/s] [b]you wrote all this nonsense because Ghana offered to supply electricity to your sh1thole? Jeez, has the MUMU inferiority complex reached this level? roforoforoforofo. Look there is nothing outlandish about what President Mahama said. I will explain, MUMUs! West African nations have what is called the West African Power Pool(WAPP). Under the WAPP arrangement, any West African country with excess power can in principle sell to other energy-deficient countries in the sub region. And what will it take to supply electricity to nigeria? all Ghana needs is huge volumes of natural gas and installed generating capacity and bingo supplying electricity to other nations in West Africa will be accomplished. 70% of Ghanaians already have access to electricity and the govt is aiming to achieving total coverage by 2020. So in principle, Ghana can export its excess power to other west african countries under the WAPP arrangement. I don't see that the noise about Ghana supplying electricity to nigeria is all about. Perhaps some you are not aware that only few years ago nigeria used to send crude oil to refineries in Ivory Coast to be refined and brought back to nigeria. I didn't hear any of you complain about that arrangement. I guess the noise is because it is Ghana,huh?such inferiority complex is laughable. bleached albinos ![]() Ghana plans to have 5,000MW generating capacity by 2016 (Ghana needs about 3,000MW for domestic use and can export the remaining 2,000 MW)and there are major power projects going on all over the country at the moment. An American company called SEG is one of them. The company is planning to build 1000MW plants across Ghana by next year. There are others underway. Again, Ghana is also building gas regasification facilities across the country. What this means is that Ghana will no longer have to rely on natural gas from nigeria through the west africa gas pipeline. It means Ghana can import huge volumes of liquified natural gas from any part of the world to power its power generating facilities. I am not a great fan of President Mahama but it is obvious he was being realistic when he made that declaration. Yes Ghana can generate thousands of extra megawatts of electricity and sell to countries like nigeria, where 120 million impoverished souls lack access to electricity. Most of the new power projects are privately funded and have nothing to do with the Ghanaian govt. Big businesses now know that power produced in Ghana can be exported to countries in the region under the WAPP deal and so there is a huge interest in investing in the power sector in Ghana at the moment. hahahahaha a bunch of ignoramus ![]() If I were you, I would be more interested in who can help solve the problem that whipping up needless sentiments. such level of stvpidity in shitnigeria is absolutely laughable! a beggar with a choice. your politicians have been promising to give you people light since Lord Lugard's time. If Ghana can help solve the problem, what is the issue. after all no single country can supply all that it needs. why do countries trade with each other? some of you are very very fuelish, walahi! [/b]
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baccaspace:nigerians have been suffering since Lord Lugard's time you don't have light and someone wants to help and you call that suffering? okay now, continue with your suffering bussinss now! what kind of rubbish is that? |
Canme4u:when did your maggot-infested country "dash" Ghana light? Can you give what you don't have? some of you are plain stvpid! arrant crap |
Explicit01:the economy is messed up? and that of nigerian is booming, I guess? So tell me, between Ghana and nigeria, where do citizens eat from the dustbin? your economy is booming and yet you have baby factories all over your sh1thole? your economy is booming and yet thousands of your citizens are fleeing to Ghana each day? your economy is booming and yet every company in your modafaka country is trooping to Ghana? yoiur generator-driven economy is booming and yet people are being killed like flies and some 200 girls have been missing for 6 months? you need to get your examined asap for excessively inhaling generator fumes, dog! crap! |
yetunsbay:My dog has more sense that you, magg0t! evil scvmbag! stypid nigayrian! thank God for ediots. we'll keep flushing them down the toilet. fuelish modafaka! |
yetunsbay:Ghana is helping to say you MUMus from inhaling too much flared gas in your zoo. gas flaring is terrible for the health of folks in that zoo so be happy Ghana is buying it so you don't need to flare it and murder your own people,huh? yiu guys don't have electricity yet you continue to flare natural gas? SMH |
I guess it is only in nigeria that the cost of producing power by generators is said to be cheaper than what is produced by the national grid. It does not make sense. and I don't belive it when you said power produced by generators are cheaper. can you prove it? and I saw this article on the net a few minutes ago Why companies will continue to leave Nigeria for Ghana That many companies have divested in Nigerian economy is no longer news. The disturbing issues are will Nigeria ever absorb the shock of this companies exodus? Are there any deliberate efforts towards making the companies come back? For the most part of the last 10 years of Nigeria’s democracy, there has been near collapse of infrastructure. The development has been so bad that most businesses groan under intense pain due to overhead cost incurred in providing alternative infrastructure like power. In fact, power has become an albatross to the nation’s manufacturing sector. For instance, in 1999, manufacturing sector accounted for not less than five percent of the Gross Domestic Product (GDP). This shrunk to 4.9 percent in 2000. As a result of high cost of production that results from inadequate infrastructure, the manufacturing capacity utilization remains on the down side. The manufacturing sector is further bogged down by massive decline in capacity utilisation resulting from high exchange rate of the Naira and congestion at the ports. Prior to the financial meltdown, the manufacturing sector had not fared better largely due to lack of infrastructure and high production cost. President of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), Simon Okolo said there has not been significant improvement in infrastructure. According to him, industrial/commercial centres continued to witness heavy traffic, thereby constituting undesirable delays to motorists and other road users while the rail and mass transit schemes did not receive the desired boost necessary to transform the transport sector. Owing to these, the domestic economy witnessed an unprecedented closure of factories and production plants last year. Indeed, it was a confirmation that the nation’s domestic economy was sinking. With the weakening economy, more sectors were being affected by the recession and the unemployment profile kept rising. The president of the Manufacturers Association of Nigeria (MAN), Alhaji Bashir Borodo disclosed to Sunday Trust that absence of conducive manufacturing environment and basic infrastructure would continue to draw back the sector, except something urgent was done to reverse the situation. According to him, the dream of Nigeria being an exporter of manufactured goods would remain a mirage since Nigeria had thrown away agriculture and blindly embraced oil export. The recent decision of some companies that had bases in Nigeria to relocate to Ghana was another confirmation that the nation’s industrial sector was still held in hostage. Last year, Dunlop Nigeria Plc., the only surviving tyre manufacturing company in Nigeria then, shut down its plants and laid off hundreds of its workers and put some on half pay. Dunlop Nigeria Plc and Michelin had relocated to Ghana. Patterson Zochonis (PZ) is also planning to relocate to Ghana, even as Cadbury Nigeria Plc, Unilever and the International Institute of Tropical Agriculture (IITA) this year, sacked sizeable number of their workers over reported high cost of production, decaying infrastructure as well as the ravaging global economic recession. Unconfirmed sources also said Guinness Plc was already putting spanners into works to move its business to Ghana, while some companies were said to have expressed readiness to move. However, External Relations Manager of Dunlop, Sola Adebanjo said his company did not relocate to Ghana. He said the rumoured relocation of the tyre company stemmed from its drive to establish sister branch in the Gold Coast. He told SundayTrust that the Dunlop version of Nigeria was still intact and operational.But not many Nigerians would buy Adebanjo’s position. Recently, members of the Lagos State House of Assembly expressed concern over the relocation of manufacturing companies. This was brought to the attention of the House under Matters of Urgent Public Importance by Sanai Agunbiade, chairman, House Committee on Commerce and Industry. Agunbiade said manufacturing companies in Nigeria were already folding up, to relocate to Ghana and take advantage of the liberal investment incentives there. According to him, the implication for the state was high unemployment rate and increase in criminal activities. While attributing the development to constant power outage, he added that “manufacturers in Nigeria were crying over the power situation in the country which is the real bane of the manufacturing sector. “I think Lagos State Government should call on the federal government to allow us implement the Independent Power Project (IPP) and distribute power to industrial areas, because Lagos would be most affected by this movement of industries to Ghana.” Contributing to the debate, Chairman, House Committee on Finance, Adeola Olamilekan said it was high time the federal government decentralised Power Holding Company of Nigeria (PHCN), because huge funds injected into the body had not yielded desired impact. The president of the Trade Union Congress (TUC) Peter Esiele lamented that the relocation of companies to Ghana was a sad situation that would forever impinge on the nation’s development. He said the relocation was a manifestation that government had no concrete plans to develop infrastructure with a view to bringing more investments into the country. He said the business environ-ment in the country was in disarray in the sense that many businesses groaned under intense pain to survive. According to him, it was only companies that had thrown ethics to the dogs that survived “the harsh business environment”. He said it was amazing that the government that had not deemed it fit to put infrastructure in order imposed heavy taxes on businesses. The Director General of Nigeria Textile Manufacturers Association, Jaiyeola Peters said the Ghana government’s plan to give the relocating companies 15-year tax holidays was a manifestation that the government had created an enabling environment to receive them. A manufacturer, Ligali Mohammed lamented that the Ministry of Commerce and Industry had done little or nothing to boost investment drive in the country. ‘’Obviously, infrastructure is zero-some here and hope of reviving same is just not there. The minister keeps promising that infrastructure would be fixed, bail-out funds would be provided to ailing industries like the textiles, but where are the infrastructure and the bail-out funds? ‘’So, if manufacturing companies decide to go to Ghana, no one should apportion blame on them, for they are in business to make profit. And they are entitled to do their business where they consider safe.” According to Ligali, government had lost its grip on all sectors wondering how government would achieve the so-called vision 2020. Painting the sordid picture of power in Lagos recently, the chairman of Ikeja Branch of the MAN, Mr Godwin Oteri said, “Private power generation accounted for 30percent of the cost of production and the inadequacy of supply is majorly responsible for 25.24 percent average capacity utilization.” Today, the power situation in the country has further plummeted. The country’s quest to hit the 6000MW by the end of the year remains a super-miracle to those in the know. The current situation should therefore, be a litmus test for the federal government. Government needs to evolve economic agenda that would boost the investment climate of the country. The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi had already offered a way out of the nation’s economic doldrums by advising government to concentrate only on revitalization of the power sector instead of the bogus seven-point agenda. Whether government would listen to Sanusi’s sermon is a matter many are still waiting to see. At Proshare, our articles, materials and contents stem from critical research work and analysis which are of world class standard that require investment. Hence, we regard them as intellectual property which should not be trampled on. Please, do not cut & paste articles, rather share with the sharing tools provided below the articles. See our Terms & Conditions and Copyright Policy for more details or Email: contact@proshareng.com to know more. atlwireles: |
OreMI22:I am tellig you reality you are quoting CIA. SMH RPT-UPDATE 3-Ghana disappoints investors with plan to trim 2013 deficit to 9 pct Tue Mar 5, 2013 12:59pm EST http://www.reuters.com/article/2013/03/05/ghana-budget-idUSL6N0BX81A20130305 * Analysts say 9 percent deficit target disappointing * Ghana keeps 9 percent inflation target, sees 8.5 pct GDP growth * Government says medium-term plan to cut deficit to 6 pct of GDP * Sees $582 mln in oil revenues in 2013 as production rises By Kwasi Kpodo ACCRA, March 5 (Reuters) - Ghana unveiled plans to modestly trim its fiscal deficit this year by raising tax revenues from key industries such as oil while avoiding tough spending cuts, despite investor concern over high expenditure and rising debts. The West African state's 2013 budget presented to parliament on Tuesday laid out plans to pare the deficit to 9 percent of gross domestic product (GDP) from 12.1 percent in 2012, when spending overran during an election year and revenues were hit by lower-than-expected oil production. That deficit target disappointed many economists, who were expecting Ghana to reaffirm its commitment to reach a level around 6 to 7 percent of GDP - in line with its target for 2012. "We are resolved to solve the high budget deficit, the sources of which are known," Finance Minister Seth Terkper told parliament. "We will pursue reforms to make the tax system more efficient." Analysts said the three percentage point deficit cut was a step in the right direction but was likely not robust enough to bolster offshore investor confidence in West Africa's second largest economy. "It's a huge deficit for any country to be running," Razia Khan, Africa researcher for Standard Chartered Bank said. "The pressure will be on Ghana to change course, and introduce greater spending restraint, or risk a deterioration in perceptions of creditworthiness." Newly-elected President John Mahama is keen to raise social and infrastructure spending to shore 's middle income nation status and fulfill campaign promises of translating oil and gold output into benefits for ordinary citizens. But he is facing pressure from international investors to prove he can keep the debt in check. Among his first big moves to trim spending, Ghana cut fuel subsidies in February, resulting in a 20 percent jump in petrol prices at the pumps. But Fitch Ratings, a day later, revised its outlook on Ghana's credit rating to negative from stable, citing continued worries over accumulating debt. Ghana's 2013 budget puts total expenditures for the year at about 30.5 billion cedis ($16 billion), up some 20 percent from last year, according to Terkper, propelled by economic growth of 8 percent as oil output rises. He said Ghana is targeting a year-end inflation rate of 9 percent. GRADUAL APPROACH The government's aim is to halve the 2012 deficit to 6 percent of GDP over the medium-term of three years, the budget said. "The aim is to adopt a gradual approach to the deficit cut in order to avoid austerity and also generate growth as we go along," said one senior official involved in drafting the budget, who asked not to be identified. He said the government, mindful of the effects of austerity seen in some European nations, would fast-track the completion of major infrastructure projects such as roads so these could begin to yield economic dividends before deeper austerity measures are imposed. |
atlwireles:this old excuse is no longer tenable. the truth of the matter is that the cost of production is far higher in nigeria than in the rest of west africa. how can you be competitive when you produce with generators? that is the real problem nigeria does not want to allow west african goods into its territory. the manufacturers association of nigeria has made that point several times |
londoner:I don't have a problem with that because every country reserves the right to pursues policies that best benefits it and its people. and yet when Ghana imposes restrictions on the participation of foreigners in retail trading in Ghana you people tend to be very critical. isn't that hypocritical? I personally wil like to see other governments in west africa impose their own restrictions on imports from nigeria. there is not much in terms of exports from your country into other west african countries, but let it be seen as a symbolic gesture. nigeria has never opened its borders to imports from west africa, so I don't know what the noise is all about. even that ecowas nonsense should be scrapped. |
JiggamanGh:hahahahahahaha I don taya for dis people. they obviously seem to think the world revolves around them and that the sun shines from their aNuS. |
ROSSIKE:talking like atypical foooool. what is what Mahama said that suggested that he was begging? or do you have comprehension problems? President Mahama clearly stated his point. what exactly did he say to suggest begging? and what exactly will he be begging for? trade among west african countries has been traditionally extremely low and each country has coped without it all these years. so what difference does it make whether nigeria opens its borders or not? and who wants to trade in a jungle where 90% of the people survive on less than $2 a day? arrant crap! |
londoner:you wonder why Ghana's president wants nigeria to open its borders to trade? its because Ghana has opened its own borders to trade from all west african countries, including nigeria. there is no prohibition policy against west african goods and services in place. this is what this all about. reciprocity. the same nigerians will shout murder if Ghana decides to close its borders to nigerian goods and services in retaliation.the whole ecowas crap must be scrapped. |
Des0la:what exactly defines a country as being poor? how do you define poverty. magg0t? I will prove to you that indeed Ghana is far richer than your sh1thole. but first of all I want to hear your definition of poverty |
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Kasynpaulsyn1997: don't go now. I have lot more photos of your paradise damburuba shege ![]() https://nigeriaworld.com/images/news/big/dividend-of-democracy/image008.jpg ![]() |
hahahahahaha the sihitnigerian paradiseeeeeeeeeeeeeeeeeeeeeeeeeeee ![]() https://nigeriaworld.com/images/news/big/dividend-of-democracy/image023.jpg ![]() |
hahahahahahahaha more interesting stuff roforoforoforofowww.nairaland.com/attachments/866142_aba_jpg4110290948b017d7d41c1288cc90be77 ![]() |
hahahahahahaha welcome to oil-rich modafaking shithole ![]() www.nairaland.com/attachments/1504556_1492484_Ibolandaba_jpg98d4eed8c030608c7f6856cf8cdb435d_jpgb0b9c7231bbd168695871e71a29e78d5 |
welcome to shitnigeria, the zoo where human life is worth nothing ![]() www.nairaland.com/attachments/1141026_Mass_Burial_jpge00a52f166a7416ec988e7400e4c6ba5 ![]() www.nairaland.com/attachments/1141025_Burnt_Corpse__jpg9845e6d5a1944077c29b4a612eb67baf ![]() |
Kasynpaulsyn1997:hahahaha nothing in Ghana yet every shitnigerian company want to set up shop here. nothing in Accra yet thousands of your impoverished modafakas are arriving all the time. nothing in Ghana yet flights from your sh1t country land in this country more than anywhere else in the world nothing in Ghana yet thousands on your students are here to acquire quality education. hahahahaha just found out that the shop assistant at the supermarket in my neighbourhood is a nigerian from abia. the coconut seller I met a few days ago was from anambra. your fellow apes can be found all over Ghana. don't let me talk about shitnigerian ashawos ion Ghana ![]()
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Kasynpaulsyn1997:at least there are no baby factories here. thousands of your fellow apes are trooping to Ghana in search of quality education, dog! Jeez, people eat from the dusbin in your shithole sambisa forest heard some 400 school girls have been missing in your zoo country for months ![]()
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which country will generate 200,000MW for you apes? it is a shame a country like nigeria can't produce enough electricity for its people. all of you should bow your heads in shame. do you know the amount of gas Papa God deposited in that your country? with that, nigerian should be producing electricity to supply to the whole of West africa. yet what do we see? moaners and idle talk from a bunch of unserious people with no ambition. you can't generate electricity and someone is offering to help and all you do is denigrate that country? that is the highest level of stvoidity in my opinion!
They always seem to be appealing to Nigeria for one thing or the other these days. I wonder where they'd be without us.