₦airaland Forum

LegendHero:
Nope, during dey season, Hydro still work and generate electricity. Infact, it will surprise you that there are times when Kainji generate more in dry season compared to rainy season.

Now let’s say hypothetically, that 22% reduces to 15% during dry season, that is still not enough data point to say “Rainy season” affect electricity generation in Nigeria to even have over 30% less reduced electricity output.

Interesting - that Kainji generate more during dry season.

Hydro at 22% is still a lot.

If you take most of that out of the generating capicity for the 4 - 5 months of little to no rain, that's still a few hours of no power per day.

It also means the gas powered generation operations will be under more pressure during that period, which will likely result in more breakdowns.

So, when all is said and done, while hydro is not as dominant as it used to be, there will still be a notable drop in power supply during the dry season.

Ringstonermask:
Contract dey can not finish

Exchange rate is making JB to increase price

No problem, Dangote and BUA have offered to do the work for less and faster.

Julius Berger can burger off.

IMPARTIAL:
U don't understand what is happening. Someone wants to start using his company for the construction.

Julius Berger is in a class of it's own.

In some areas, yes.

But, in building a motorway, one or 2 of the Chinese construction companies can match them for quality, while also beating them on price and speed of work.

Julius Berger forgot they are not the only game in town.

One or 2 of the Chinese companies are able to build a road to the same quality as Julius Berger.

Besides being more expensive, Julius Berger is also much slower than the Chinese.

Arrogance will ruin their business.

Nyanabo2:
My only advice is that you get a car that’s you can easily source for the parts and at an affordable rate. I love the Land Rober and that Infiniti G35 tho

Eh, land rover ke?

Land rovers are usually high maintenance.

The peace of mind that Toyota Camry has brought and continues to bring to Nigerian car owners can not be overestimated.

I have a Camry, which I don't drive much, but in nearly 6 years, not once has it failed to start. Other than the usual change of oil, air filter, break pads etc during servicing, absolutely no other expense. Nothing. I have even been waiting for it to breakdown, but still nothing

How does Toyota do it, and why cant other manufacturers copy Toyota's approach.

OP wants to stand out. Ok o.

Government should not yield.

This is Nigeria's opportunity to get rid of the fraudulent petrol subsidy. Though I do feel sorry for those in the North who have to pay more for petrol than we do in the South.

I would support that the government pays some kind of equalisation subsidy so we all buy petrol at more or less the same price, but then again, a few people will sit in the corner and chop most of the money. And before we know it, what is supposed to be a small subsidy will balloon beyond proportion.

Instead, the government should subsidise agriculture and health and send monthly maintenance money to the elderly,

Petrol cabal fighting back.

The old, rickety car in that image probably has its own peculiar problem that caused that problem. It might have nothing to do with the CNG itself.

In any casw, diesel, petrol, and most especially electric vehicles do catch fire/explode from time to time.

Electric cars even catch fire on their own several hours after they are parked.

That has not stopped people from buying those vehicles.

Beremx:
They will soon leave Nigeria too. If they can't survive in South Africa and Tunisia, na T-Pain administration dem wan survive?

Inukwa akuko?

You assume that the South African and Tunisian economies are stronger than Nigeria's.

Most Nigerians underestimate Nigeria.

The future belongs to Nigeria. Foreigners know it, but Nigerians themselves don't.

By the way, in the last 10 years, South Africa's total combined economic growth rate is 1%. That means the economy has not grown at all in 10 years. Their economy is stagnant.

In the same 10 year period, Nigeria, despite all its challenges has grown by over 15%.

Nigeria - big, strong, and powerful.

He can appeal.

I don't know much about this person, but he needs to learn that freedom of speech and being hailed online will not save you in court if you talk any how and damage people's reputation.

One has to wonder though - how was Mr Falana able to secure a judgement so fast, while thousands of the downtrodden people he claims to fight for are languishing in prisons for years awaiting trial.

Human rights lawyer? Hmmm

Ikaeniyan0:
Akpabio can't be impeached. He will complete his first tenure.

He can be.

If the President wants him impeached, he will be gone by this time tomorrow.

Ikaeniyan0:
Akpabio can't be impeached

He can be, but only if the President supports.

The man's indecorous utterances are becoming intolerable.

Even if the President shares peoples frustration with Mr Akpabio, and has a suitable replacement from the South South, it would be dangerous for the President to support removing Mr Akpabio.

That's because removing him will be the easy part. But the President will not have total control over whether his preferred replacement will win the vote to elect a replacement.

That's why I believe the President will stick with Mr Akpabio and will not allow his impeachment.

The plotters know this, and that probably explains why they want to do a hit job on Mr Akpabio while the President is abroad.

Mindlog:
if the entire Southern senators backs Akpabio and he also get a good number from the North Central States of Benue, Plateau, Kogi etc, the combined numbers from the North East and the North West would be in the minority.

Though Akpabio deserves to be impeached.

I don't think there is such a thing as 'entire Southern senators'.

Many senators will prioritise their own personal interest. If the northern plotters promise juicy committees to some Southern senators, they will accept and dump Mr Akpabio.

Same applies to Northern senators. Those who are ambitious and are looking to return to the Senate in 2027, or want to contest for Governorship in their state will follow what their state Governor tells them.

Also, a discreet Presidential giveaway can turn even the most ardent plotter into a loyalist overnight. You will be surprised by how the promise of 4 plots of land in Maitama or another high brow area of Abuja can reset some Senators brain . How does this sound - 'Distinguished Senator, I have the pleasure of also offering you the option of 2 plots at Eko Atlantic.'

So removing Mr Akpabio is going to be more than just a North vs South affair even if the plotters are led by northern Senators.

Beremx:
It's long overdue. The northern senators have the numbers to impeach him.

They need 73 votes, I think.

That's not an easy figure to come by particularly if the President supports the Senate President.

If you are a President that is carrying out unpopular reforms, you need a staunch loyalist as Senate President.

There's no question that without Akpabio in position, many of Mr Tinubu's reforms will have run aground somewhere in the national assembly.

Unless the President has had enough of Mr Akpabio's long list of gaffes, the Senate President is going no where.

When you're in a position of authority, you must know how to talk. Mr Akpabio appears to lack sensitivity.

But I will not support any machinations of 'northern' senators to make life difficult for a Southern president.

That's because when Mr Buhari was there, we didn't hear pim from them.

What a name.

Kunle Remi.

In the future Nigerians will look back on the current tough policies and thank God that a particular President had the courage to enact them.

Even as of today, I think Mr Tinubu is a greater reformer than Obj.

mrksquare:
Bunch of jokers.

I hope the Governor doesn't take the same approach as you.

A court decision is not to be treated as a joke.

The Governor must treat this as a serious matter.

As things stand today, the Wike group are the legitimate House of Assembly members, until the Governor's side successfully appeal the last judgement.

The Rivers Governor will do well not to relax.

It seems the Wike group are prepared for a long fight.

Hmm...

I was thinking 5 - 7 years.

The critical thing is going to be the President that succeeds Mr Tinubu.

If that President doesn't keep up with these reforms or reverses them, then all the benefits of the reforms we lost and the consequences could be worse than we are seeing now.

If Trump wins, things could get really ugly.

The man has no time for African leaders/countries.

The US may mount pressure on Nigeria to send Mr Onyeama to the US.

If Nigeria refuses, the Trump administration can punish Nigeria by blocking access to any more IMF loans. America controls the IMF and World Bank.

If that happens, currency speculators will attack the naira, sending it to over N2000 to a dollar.

At that point, Mr Tinubu may give up on protecting Mr Onyeama and send him to the US.

The US will not grant Airpeace license to fly to the US while this case is on, if ever.

It would also now be too risky for Mr Onyeama to travel out of Nigeria to any other country.

So, if he doesn't submit himself for trial in the US, he may have to give up travelling outside Nigeria for the rest of his life.

This is a very serious matter.

Most Nigerians don't even know that Mr Tinubu will have an opportunity to appoint an INEC Chairman before 2027 election.

When people realise this, the whole thing go tire them.

Ebubu:
Do you think he will appoint someone he can't use to rig?

Well, I don't know about an INEC Chairman rigging.

One thing is sure though, the President will not appoint someone he is sure will stand in his way.

On that basis, the next INEC Chairman is likely to come from the South South.

Messrs Wike, Akpabio, and Oshiomole will be given the task of identifying a 'suitable' person for the President. This combo is bad news for the opposition.

Unlike GEJ, Mr Tinubu will not 'loose guard' on who the next INEC Chairman is. So, that person is unlikely to be a Northerner.

I hope you know that if the INEC Chairman's office becomes vacant for any reason, it is the President that will appoint a replacement.

So canvassing for his removal may not be in your interest.

Any way, I think Mr Mahmood's term will expire before the next election.

That means the President will have an opportunity to appoint a new Chairman before 2027.

More trucks and commercial vehicles should operate on the CNG.

ShogunNoName:
The thing wrong with the Yoruba is obvious. they do not like truth. They are focused and tribalism and anti progressive. They are our collective problem. Check history

It didn't take you long to try and turn this into a tribe thing.

Where is the logic in that.

People are just expressing their opinions, as they are entitled to, on Mr Obi's views on the economy.

Interviews like these that give us a valuable insight into the ineptitude of politicians is great.

Mr Obi doesn't have what it takes.

Borrow money to defend the naira?

In which country has it ever worked.

In the last 2 years, Japan has spent over $100 billion defending the Yen, yet the Yen still fell drastically.

1. For how long can you borrow to defend a currency, especially a sub saharan African currency.

2. He claims to have the contacts to borrow $12 billion which he would use to defend the naira and support businesses. The trillions that Mr Buhari released to support farmers were never paid back. So Nigerians that M r Obi will give part of the borrowed billions will pay back?

3. What happens when the money you borrow runs out, since you will never be able to defeat the foreign exchange markets in the long run?

Once you run out of money to defend the naira, then all hell will break loose on the naira.

The currency markets will hit the naira so hard, it will be knocking on N3000 to a dollar.

I honestly marvel at Mr Obi's naivety. Every time he talks about the economy, you just wonder. He clearly doesn't understand how the currency markets work.

The truth is that, the chicken of decades-long mismanagement of the economy was coming home to roost by the 2nd term of Mr Buhari's government.

The government after him had to take some tough decisions or we would end up like Haiti, Venezuela, Zimbabwe.

They are not going to be able the current acting Chairman of PDP until their convention.

Both sides will be tied down in court all the way to the Supreme Court, and that will take a long time.

In the intervening period, the status quo will subsist.

Mr Damagum will continue as acting Chairman.