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Politics › Re: The New Electricity Tariff Across The Country Approved By Discos by deenee: 3:47pm On Aug 25, 2019

arcnomec:
Just hear yourself... $250 -300 for gas and electric.Here we are buying gas and buying electricity ,equate to dollar and tell me the figure.

You are contradicting yourself bro.

250-300 USD is approx 90k-108k in naira and this is just for a median household abroad. Now tell me how many of Y'all pay within this range per month in Nigeria?. You want 24 hours light yet you don't want to pay.

You think the people that have invested in the Discos are charity organizations?

Please y'all go and do your homework very well. We have the lowest tarrifs and even with that people don't pay their bills so please explain to me how you want the discos to be able to provide y'all with 24 hours light, be a going concern and expand business?

On one end NBET and TCN cant keep to their terms of engagement re transmission and pricing of gas from the gencos and yet they are charged even if the gas supplied gets to the discos or not.

The same discos have written several proposals to the FGN for them to source for electricity off grid from alternative sources like solar wind etc which will be more sustainable and cheaper in the long run, the FGN refused.

The agreement when GEJ wanted to privatise was for tariffs to be increased so the business case makes sense to any investor but he spoke about it and nothing happened because of his political ambition Subsequently, the serious investors withdrew their offers leaving the whole exercise at the whims and caprices of his cronies whom used the acquisition as an avenue to launder illicit funds.

Again the government of the day is trying to correct these ills and we are crying foul .

Light generation, transmission and distribution is not rocket science....sending an unmanned space craft into space or inventing a driveless car or flying space suit is

However no serious investor with expertise in this sector will put money down if the business case is not right.

Germany and a handful of the Scandinavian countries now depend totally on alternative sources of energy aka solar wind and human waste.
Small companies are even encouraged to generate and monetise with the govt having firm regulatory oversight.

Kenya now generates power from windmill yet leaving us behind. Maybe it's when we become like Venezuela that y'all will wake up.

And for those that claim I don't pay my light bills on my own. Please know that i do oh infact across two jurisdictions in residential and business capacity and i also know how much I spend buying diesel in both capacities in Nigeria.

Last note the internet is a very funny place where peoole just do desk top analysis and automtically feel that they gave become subject matter 3experts.

Politics › Re: The New Electricity Tariff Across The Country Approved By Discos by deenee: 11:45am On Aug 25, 2019

Oksman:
Are you sure? Pls elucidate further when this was done.

Work with Google.

GEJ tried it but was met with stuff resistance and he chicken out just before selling the discos . It was also attempted in 2016 and fashola resisted it.

Check the internet

Politics › Re: The New Electricity Tariff Across The Country Approved By Discos by deenee: 11:42am On Aug 25, 2019

FarahAideed:
It's clear that you don't pay your own electricity bills , I Buy electricity for my prepaid metres and I know he the price of a Kilowatt hour increases , infact the last increase to 25.4 naira per kilowat hour was never even announced

Y'all want constant electricity but don't want to pay for it. Very funny

Just like fuel our electricity tarrifs are the lowest in the world. The way we think baffles me. It is from the tariffs that cash flow for process improvements and business expansion is generated. Otherwise nothing will improve. Mind you one of the conditions that Siemens gave the govt as part of the agreement they just signed is the tarrif increase. Tarrifs have to be competitive so the business case makes sense and companies looking to invest in the sector can break even.

Some low-mid income houses in USA pay as much as 250-300 dollars pay month for gas and electric and yet we are wetting our pants for a 10k a month bill in an industry where rate of collections and payments is below 45%. There is no how quality of service will improve with such dismal tarrifs and collection rates.

More so nigerians are wasteful. I have seen people live their security lights on 24-7. Some will even go to work with their aircons on etc. Try that in a sane society and see how much you will be billed at the end of the month.

This is like expecting to fly first class but expecting to pay the price of economy.

1 Like

Politics › Re: The New Electricity Tariff Across The Country Approved By Discos by deenee: 6:50pm On Aug 24, 2019

FarahAideed:
This wicked govt has increased Tarriff thrice in 5 years with nothing to show for it!! During the last increment they claimed it was necessary to for DISCOs to distribute meter and improve electricity yet we saw nothing and now they want to increase it again

Point of correction the increases were reversed.

1 Like 1 Share

Celebrities › Re: Mike Tyson Smokes Marijuana Worth N15 Million A Month by deenee: 9:13am On Aug 14, 2019

CapitanS:
When he goes broke tomorrow, he will be looking for who to blame

He is already broke.

Celebrities › Re: Zambia's Biggest Artiste Lands In Nigeria, Records Singles With Peter Okoye by deenee: 8:15pm On Aug 10, 2019

With his knock off patek

Crime › Re: Lagos Police Arrest Two Chinese Over Illegal E-waste Factory (photo) by deenee: 3:45pm On Aug 06, 2019

Meanwhile nigerians are running to libya, yemen and other less economically viable locations.

And on the flip side these guys are buying scrap and making millions from it

In translation the green is not always green on the other side it is green where you water it.

19 Likes 1 Share

Politics › Re: Governor Akeredolu Saves N463M On 30 Reconditioned Vehicles (Photos) by deenee: 9:38am On Aug 03, 2019

This is a good initiative. The vendor has a mechanic village in the state where local artisans are trained and employed.

For the people saying 2m per car is steep pls know that these gov officials don't buy tokunboh cars. They go for new ones and the prices are over invoiced.

Secondly this will also put a stop to this mentality of people taking government property away when they leave office

Finally and looking at this from an analysis point of view..2m average...not all the cars are 15 years old there are some that are 4-5 years old and i can even see some new version toyota and pick up trucks there meaning that price per repair would vary.

Overall a good initiative. God bless Nigeria

Business › Re: Wale Jana Shows His 3 Mercedes Benz: "3 Years Ago, I Didn't Have Car" by deenee: 2:17pm On Jul 03, 2019

lonelydora:
Wale Jana's story is that of God's manifestation (I know you people will argue it) in someone's life when you obey God's words.

Few years ago, Wale was a nobody, but looks at him now. All because he obeyed the words of God through the prophet.

If you are TRUE Christian, DON'T DROP THE AUTHENTIC FOR THE SYNTHETIC.

Wale launders cash for corrupt politicians and the church in nigeria now is one of the conduit pipes for money laundering

Well, you guys should stay and be doubting the power of God while we continue to get his Blessings on daily basis.

Celebrities › Re: Wale Jana Apologises To The Public And Has Promised To Be More Sensitive. by deenee: 8:41am On Jun 29, 2019

This dude launders money for politician in abuja using the perfume business as a front. Buying scents and oil from Dubai to mix in Nigeria to create perfumes my foot. He better withdraw back into his cave and face his "perfume business"

Maybe he has gotten a call from his "sponsors" to pipe low hence the apology.

If you do the crime you must the ready to do the time.....anointed MOG or not.

1 Like

Travel › Re: A Hiking Experience In Snake Island by deenee: 12:33pm On Jun 25, 2019

Lovely place but no development. In saner climes snake island and all its other adjoining islands would be a high end luxury vacation spot with prime real estate.

God has really blessed us but everything us just upside down.

5 Likes

Career › Re: UAC Nigeria Appoints Babasola Folasope As New MD/CEO by deenee: 3:53am On Jun 09, 2019

deenee:
Impressive resume but he is representing the interest of the new set of investors that have invested in UAC group.

Just so you guys know before you start jumping up and down.

Celebrities › Re: None Of My Family Members Wanted Me In Acting — Actress Jennifer Obodo Reveals by deenee: 7:56am On Jun 03, 2019

We also don't want you to join nollywood. We are with your family on this

Business › Re: Picture Of Dangote With Bottle Water That Got People Talking by deenee: 7:56am On May 01, 2019

The man moves around with everything...even his own water and food

Celebrities › Re: Bekeme Olowola Celebrates GRI Amsterdam Board Appointment With Friends & Family by deenee: 12:06am On Apr 15, 2019

Nice but all these people brandishing sustainability up and down in Nigeria are scammers

Family › Re: The Consequences Of Late Marriage And Why You Should Marry Early by deenee: 12:01am On Apr 15, 2019

Marriage just like food and sex is overrated

3 Likes

Business › Re: Dangote Refinery Will Transform Nigeria’s Economy by deenee: 8:18am On Apr 08, 2019

GavelSlam:
Stop writing rubbish.

Whose fault is it that they cannot build a refinery even after being granted a licence?

If Petrolex is not built, that is their problem.

A licence has been issued.

How is it a monopoly if licenses have been issued?

The kind of human beings that come on Nairaland suggests why the country is the way it is.

Bro i don't need to join issues with you and i regret even responding to you post. You started out by saying petrloex is building a refinery and I tried to correct the wrong news now you have turned the table.

Having a license to build and building are two different things and to tell you for free the ministry of petroleum resources issue out refinery licenses daily. And I choose to align with the person that is building because at least he is making an effort.

Finally, I have gone through your posts on nairaland and see that you are the pervasive and dodgy type that will nevet admit that they are wrong so this will be my last post to you on this.

Business › Re: Dangote Refinery Will Transform Nigeria’s Economy by deenee: 7:57am On Apr 08, 2019

Business › Re: Dangote Refinery Will Transform Nigeria’s Economy by deenee: 7:13am On Apr 08, 2019

GavelSlam:
Will you shut up?

https://www.bloomberg.com/news/articles/2017-12-06/nigeria-s-refining-push-prompts-3-6-billion-plan-from-petrolex

It is left for Petrolex to deliver.

Bro stop making a fool of yourself. You go and pull a bloomberg report from Dec 2017 just to make a bigger mockery of your self.

Petrolex has plans in the pipeline...which I mentioned in my post and even that is still on the drawing table because approvals to expand the tank farm which is not yet fully operational to include a refinery was stalled by the state government and will most likely be stalled as dapo abiodun a rival in the energy sector with same plans is now the state gov elect.

Dangote's refinery is almost near completion, the fertiliser and gas pipeline are complete and all things been equal will become operational by FY 2019.

Also Dangote has location advantage as he has sited his refinery by the sea coast hence making dispatch and discharge of products easy. He has also built his own private port hence cutting of the bureaucracies of apapa port and the likes

Petroloex is planning to build along the inland waterways of ogun state so for him to even dispatch or discharge he will need to build pipelines which will make his business operations open to pipeline vandals or other wise he will move products in barges which will double his production cost thereby making him uncompetitive.

You people just sit down and type rubbish mis informing people.

2 Likes

Business › Re: Dangote Refinery Will Transform Nigeria’s Economy by deenee: 5:51am On Apr 08, 2019

GavelSlam:
He has competition.

Read the news and stop assuming.

There's a petrolex being built by Segun Adebutu at Ibefun in Ogun state.

Won't be surprised if there are others.

Petrolex is a tank farm oga. No refinery is been built there at the moment even though there are discussions for such in the pipeline. You too stop spreading fake news

4 Likes 1 Share

Career › Re: UAC Nigeria Appoints Babasola Folasope As New MD/CEO by deenee: 7:30am On Mar 31, 2019

Impressive resume but he is representing the interest of the new set of investors that have invested in USD group.

Just so you guys kniw before you start jumping up and down.

2 Likes

Business › Re: Innoson Speaks On How GTB Is Owing Him 8 Billion And Refused To Pay (video) by deenee: 7:20am On Mar 31, 2019

chloride6:
This guy thinks he is smart..

You think you can forge Bill for Collection document and get away with it..

You don't know Agbaje..

Innoson still has N7 Billion pending case with GTB..

If GTB dont pay that money next week they will never pay...

Innoson is broke and needs cash..

In the end, Innoson will be liquidated. It's just a matter of time.

GTB will wait it out until Innoson is liquidated...

And then pay cents on the dollar to his liquidators...

Modified

All of quoting me better face the fact..

Innoson is already a bad credit in all commercial banks..

Ask your friends in corporate finance if you have any..

Innoson is cash strapped right now and is hanging on for dear life..

No body wants to give him money right now..

If the debt is increasing with each passing day, why is Innoson resulting to Media Blackmail to get his money?

Sealing GTB premises all over the country wont give him his money..

What is he going to do with it?

Sell it?

Who will buy a bank building asides from another bank?

Banks are constructed to be functional for banking purposes only..

God bless you my brother. Leave all these buttons spewing trash here.

Politics › Re: Bayo Adelabu Enjoying A Bowl Of Amala After Elections by deenee: 7:13am On Mar 19, 2019*

maidstone:
He didn't even look perturbed like a man who had just lost an election

He won't afterall state funds were used for his campaign and he is sure to get ministerial appointment. If na you will you be perturbed?

Politics › Re: Bashiru Dawodu Presents His Certificate Of Return To MC Oluomo by deenee: 8:02pm On Mar 18, 2019*

salford:
like a US based specialist doctor
Hmm. politics must pay so much money in naija.

Bro salary and other remuneration alone per quarter is like 150-200m that's like 800m every year.

We never add all the other gbemu that they get.

In all this guy can make 1.5-2b naira per year doing nothing as in absolutely nothing

Can he make that amount as a doctor even in the U S of A?

5 Likes

Politics › Re: Akwa Ibom: ‘God Crushed Apc’s Federal Might’ – Gov Emmanuel Speaks On Victory by deenee: 11:38pm On Mar 13, 2019

Gerrard59:
While I agree that Udom has not done anything spectacular and considering his background; compared to Akpabio, I see him to be less corrupt and better in the long run than the trio of Akpabio, Umana Umana and Ekere.

I wish for a Lee Kuan Yew in Nigeria someday. If wishes were horses...

Bro udom is getting five times what the trio of Akpabio, umana and Ekere got in their time so my question is if he is not corrupt what has he done with the over 1 trillion in federal allocation paid to the state

Bearing in mind that the state has the least population both in the civil service and the entire state.

Politics › Re: Akwa Ibom: ‘God Crushed Apc’s Federal Might’ – Gov Emmanuel Speaks On Victory by deenee: 7:06pm On Mar 13, 2019

illrhymes:
what makes you feel so? How can a governor build a toothpick factory in a state that has oil wells? How can a governor buy a plane a make so much noise about “Ibom Airline” when Oyedepo owns 4 planes. I’m not in support of Akpabio but Udom hasn’t done anything worth an applaud the last 4 years.

God bless you. Leave theae people no wonder there is so much backwardness in this country.

Governor spent billions building a toothpick factory and is planning to import bamboo all the way from China that will be used to produce toothpicks in the factory.

Talk about stupidity of the highest order

Politics › Re: Akwa Ibom: ‘God Crushed Apc’s Federal Might’ – Gov Emmanuel Speaks On Victory by deenee: 8:32am On Mar 13, 2019

TonyeBarcanista:
Udom won his reelection fair and square. He is God's own project

By the time he is done with the state in another 4 years dude will be richer than his former boss at zenith and this estranged godfather.

Akwa Ibom in the last four years has received about 1.2 trillion in federal allocation from the FGN yet there is nothing to show where these funds have been utilised.

2 Likes

Politics › Re: Ben Ayade Commissions Toothpick Factory In Cross River State by deenee: 8:54pm On Mar 04, 2019

How many times is he going to commission this factory?

Travel › Re: Which Country Can I Relocate To With 6million by deenee: 1:51pm On Feb 27, 2019

Bizibi:
I've made my decision already, you can deceive yourself not me.mine is for the growth of the country not making money alone. If you want to talk about making money I've one that want to buy stakes in an oil block, I've made the move already..... Everything to me is not about profit,profit,profit

We are the country...When we prosper as individuals our nation will prosper its called trickle down effect. It's not rocket science.

A piece of advice for you stay away from all those fake oil block deals. Besides most of the people that got oil block concessions will have to renew them in 2020 and this present govt is waiting for them.

1 Like

Investment › Re: Nigeria Bonds Rise After Buhari Presidential Election Win by deenee: 1:43pm On Feb 27, 2019

mekaboy:
Mugu. Investors sell shares of 85 billion in 5 hrs to lend money to a government that only knows how to borrow and not create wealth and you are celebrating.

Even America is owing as a nation and good thing is govt is not borrowing to pay salaries but for CAPEX.

Continue to see doom and gloom everywhere.

1 Like

Investment › Re: Nigeria Bonds Rise After Buhari Presidential Election Win by deenee: 1:38pm On Feb 27, 2019

FarahAideed:
Growth on a Govt bond ? hahahahahahah Oga do you know how bond maturity works at all ?

You that you know pls enlighten us.

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