₦airaland Forum

kikuyu1:
Dude,I did this before, IIRC you screamed the loudest! Brussels airport bombing 2016 and Paris attack were false flags designed to punish Euros for not supporting the Globalist anti Islam agenda. So was Norway 2011 wherein Breivlik was patsy and Madrid 2004 train bomb-recall they'd decided to pull out of Afghanistan and o[b]ne of their returning jets suffered a catastrophic in flight failure killing 2 full coys of their infantry[/b].

Actually more like a platoon.......41 Army and 21 Air Force infantrymen

https://en.wikipedia.org/wiki/UM_Airlines_Flight_4230

Spaniards flying around on chartered Russian metal makes me want to agree with you.

Antonovs for cargo, yes.

Are Western forces known to use Russian aircraft for troop movements?

http://www.nse.com.ng/Financial_NewsDocs/22936_NASCON_ALLIED_INDUSTRIES_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf


Flat result.......... circa 300 million increase in profit due to investment income

Yet EPS shot up from 148 to 166

And the IG said they are doing a good job.

They don't need scrapping or reform.

Okay o

http://www.nse.com.ng/Financial_NewsDocs/22926_GREAT_NIGERIA_INSURANCE_PLC_CORPORATE_ACTIONS_JULY_2018.pdf

Delisting being considered due to poor share performance and free float deficiency.

PRESS STATEMENT
MY DIRECTIVES ON IMPROVED SERVICE DELIVERY IN THE POWER
SECTOR WENT TO LEGAL ENTITIES, NOT TO AN INTERLOPER -
FASHOLA
Before fiction becomes fact for lack of a response, I feel obliged to respond to SOME, NOT ALL of the allegations credited to one Mr. Sunday Oduntan who presents himself as Executive Director, Research and Advocacy of the Association of Electricity Distributors (ANED), which he made in response to my directives to NERC (the regulator) and BPE/NBET as contracting parties to the DisCos.

Throughout my Press Statement which contained the directives, I referred copiously to the provisions of the Electric Power Sector Reform Act (EPSRA) which is the law that regulates the power sector. I referred to DisCos in their capacities as licensees.

Mr. Oduntan should tell members of the public if ANED is a licensee.

He should tell the public whether he is an investor in a DisCo and in which DisCo he has invested and what he invested.

He should tell members of the public that I walked him out of our monthly meeting because he has no capacity to attend and he
was not invited.

If ANED is not a licensee, who is ANED ? An NGO? If so, they should listen to consumers because Nothing is Going On about poor service.

The BPE, NBET and NERC, to whom my directives were made, contracted individually with DisCos not as an association.

Any right thinking and well-meaning person knows that power supply has economic consequences and has political relevance. However to suggest therefore that my directives were political, turns reality on its head; because for the past 20 months, in all my public briefings at monthly meetings with the DisCos, these same issues of service delivery of meters, estimated billings, investment in distribution equipment by DisCos have dominated my remarks.

However, assuming this was not so, do the onset of elections preclude the quest for better service or continued Governance?

If Mr. Oduntan represents the DisCos who, for reasons best known to them, choose not to act to save their investments, that is a
matter of choice for them.

I do not recognize him because the law that guides my functions does not recognize him. His statement that no directives from me will save the power sector from collapse, is consistent with the views of someone who has no skin in the game.

It is perhaps a Freudian revelation of the mindset of those he represents, whoever they may be.

It is a sickening parallel of the Biblical story of the woman who tried to steal a baby before the great King Solomon, and asked them to divide the child.

It is revealing of the mindset of a saboteur not a builder, and he would do very well to acquaint himself and advise his co-travellers
about the consequences of sabotaging the economy under our Laws.

While the DisCos reserve the right to choose to affiliate with that view or disown it, I am optimistic that the power sector will prosper
in spite of Oduntan-minded personalities.

As for the allegation that figures of power generation and distribution released by me are not true, the taste of the pudding lies with those who eat it.
Electricity consumers know what their experience was in 2015,2016, 2017 and today. These figures have been released many months back when we reached those milestones as part of my monthly report and roadmap of incremental power.

It is clearly Oduntan-like, to keep quiet at the time, when there were no directives, and to suddenly wake up many months later to dispute what he did not contest. It is obvious that the warning lights of compliance necessity are blinking, and those he represents do not like the colour.

Another Oduntan-minded interpretation of my directive is that it is an attempt to demonize the DisCos. Far from it.

If the DisCos connect with their consumers, they will hear from them first-hand, how traumatized they feel about load shedding, absence of meters and estimated billing.

The GenCos, who are short paid because the DisCos under-remit in spite of high estimated billing to consumers, will tell DisCos how
they feel.

My directives seek to rectify these problems because I believe they can be rectified.

If Oduntan truly speaks for the DisCos, which I doubt, he should ignore the messenger (Fashola) and advise those for whom he
acts as surrogate, to focus on the message.

The message is simple:

Electricity consumers (which include Fashola), want better service;

NBET wants its money; about N800 billion, so she can pay GenCos;

If DisCos can prove that FGN owes more than what we admit, they should deduct (N72 billion) from N800 billion and pay the remaining N728 billion which they owe NBET;

DisCos should respond to the query from the Ministry of Power, Works and Housing as to why 408 feeders, which have a capacity to deliver 5,756MW of power to consumers only carry 444MW because of faulty lines, bad equipment and load shedding?

Oduntan should interprete this and tell the public whether it is the Ministry who should fix these lines and whether the unused energy will not reach the consumers if the feeders are put to use.

These are part of the subject of my directives to NERC to address deliberate load shedding.

Oduntan should advise his clients to spend the money used in publishing media responses to fix these problems to restore bad lines, and provide transformers and meters to their consumers.

That is what electricity consumers want, Better Service.

Babatunde Raji Fashola, SAN
Honourable Minister of Power, Works and Housing

Friday 20th July 2018

Pit of vipers.............2019 go bloody sha

Quote me and

Imagine sustaining these kinds of losses

Pocket change to the names on the list though

https://nairametrics.com/nigerian-capital-market-billionaires-hy-2018-valuation/

Ibrahim505:
The rising incidence of suicides among those in southeast is pathetic! Too much frustration and depression among Igbo community.
Let the government be proactive in preventing such occurrence by improving the living condition of the poor.

INDIA.......It's right there fam

2019 go tough........

We need to be careful to avoid another set of scammers sha

currentprice:
Ekuu cileasing to reach 2.50

if this stock Q2 inline with expectation, then i congratulate those who jump in below 1.30 when it was announced weeks ago, this week you will reach 100% in this bear period.

i still stand on it,, cileasing might be one of the best performing stock this year. ccnn beware

cc NoMoney

jejebaba how far here

You talk am that time I sell o....

Still carry my 25% sha

Mpeace:
Hmm. I remember my literature exam question of those days.
Compulsory question (30marks): What is the figure of speech in the following statement?
"Boy: Come and visit me, I will nit touch you"

Issa oxymoron I believe

Millenniumlady:
Broke boy

Brokest gold digger like yourself

SalamRushdie:
Instead of bickering back and forth about what happened on the night I think I would have been better to pass a motion for the the total reformation of the arms policy of the Nigerian police by stopping the arbitary issuance of very powerful assault rifles as the primary weapon of the police, the situation which we have now where any policeman is just issued an AK47 rifle to carry simple civil police duties like crowd control, traffic control , vehicle registration checks is very wrong and must be stopped ...The police must have a special weapons and tactics unit who shall be the sole bearers of power weapons and be called out only when there is a threat that requires the use of such powerful tactical weapons . Every other police man depending on rank and duty should be issued just 500 volt taser , baton and .38 pistol as side arm if necessary ...the situation where even chronic alcoholics and drug addicts some already suffering from terminal illnesses and even mental illness are issued Ak47 assault rifles to carry out simple civic police duties cannot continue and should not be entertained any further...an assault rifle is not called an assault rifle for nothing As the name implies it's for assaulting a target and not policing .

Egbon check your PM abeg

Naija now, the teachers go turn am into c....................

See dem dem,

NCAN how market fa?!!

Like say dem no k..........

Na wa o

The real slay queen............congrats sister

But why disgrace us bloda?!!

Benjom:
It fits the boy than the person that bought it for him... I didn't mention name o .

#Proud-Of-You-Son

In Future's voice "Wicked Wicked Wicked Wicked"

Congrats young man!

Make sure you maximize the opportunities we so often take for granted

RIP young one

And as for all saying juju

Zo and Bia are present

Still waiting for Wa to arrive

If you know you know

Ogun kee you if you quote nonsense

This SARS menace is becoming too much.

A reform of the entire security services (and not forces) is overdue.

They need to be reminded that we the people are their clients and supporters, not their enemies.

When unnecessary things like this happen, that's when they lose our support.

Stupid man............abi na brainless man you be sef

Mcy56:
Sir, you really missed out on some additional cool profits o. C&I N2.18 this morning...... but all is well sha, it could have been the other way round.

It is well...........hopefully more will come #AirCaverton

If Nigerians can use the energy we use to display hatred to love ourselves and develop our nation, our complaints will be less.

Just look at all the hating on this thread

Mcy56:
Na who dey hold ya mouth there?
Na how many million be that 'm' cos na me bitl Ihedi delegated to collect in his absence?

Loool e no reach your make-up allowance, that's for sure