₦airaland Forum

arresa: Sadly, you are already at that sad and miserable level without my contribution...

rhymz: The fool is in the habit of talking down to ppl as if he is better because he lives in one street corner in peckham ghetto.....kid that has never been to Nigeria always trying to argue with people who should be lecturing him about Nigeria. Me I will be the last person to argue with that low lifer street urchin.

rhymz: Lol....low self esteem....hahahah. In case it has not occurred to you nobody likes your street ghetto life, gang star life is not an alternative for any right thinking person. Go and get high on your cocaine and leave Nigerians alone to discuss real issues affecting them.

rhymz: OK, so your argument has taken a shift now to the appropriateness of just MasterCard handling the whole payment structure of the entire exercise. Just so you know, this is pilot exercise and the plan is to use just MasterCard to get 13million PPl on the payment platform after which the main exercise will take off involving others, for now it is a pilot project. perhaps you should take your time to understand how this things work. The database is still strictly going to be with NIMC and any information shared with third party payment platform is going to be encrypted, hope you know they also have some data encryption companies working in the project as well.

Just the way your bank shares account related information with verve vise and their likes when you use your ATM. they don't store your data, the banks do that, that's why they have data centers...master card to the best of my knowledge does not have database here in Nigeria. so make una relax.

arresa: Does it matter? You still sound utterly clueless and ridiculous.

emmatok: Well the agreement will be reversed anytime GEJ finally leaves office.
Didn't he do the same to OBJ national ID scheme?

arresa: Just like corruption is here to stay, just like incompetence and lack of credible leadership is here to stay, just like Boko Haram is here to stay and so on and on and on...

The joke is on you...

abbakacici: funny none of the defender of the scheme should own a store in the most unsecured market in Nigeria where there are almost 50% chance of theft and will not just leave the shop open at night and go home because closing it will not make it 100% secured. you are all know that CIA and NIA have the capabilities to spy on us, but our government should at least try and protected

secondly how many Nigerian have passport less than 10% furthermore less 1% travel to countries that required biometrics e.h usa, canada or uk and the government does force any one to travel to theses countries

3rd less than 15% Nigeria have facebook or hi5 etc account and only about 60% of them (10%) have the right and accurate information e.g most people use pat name, nickname, wrong age wrong location etc on their profile

4th people saying the the money transaction is optional is not, yes you might decide not to used but is still part of the card. e.g is just like opening an account with bank x and living it dormant that does stop you from being a customer of bank x

5th this scheme was regret by all civilised country in the world why should Nigeria accepted it e.g Malaysia was the first country to implement a general multipurpose ID card and they regret vista help so they did it with its own resources and technology to protect its citizens

lanrefront1: Very daft argument. How can you be comparing National ID card of a nation to Facebook and Whatsapp registration.

SirShymex: But must I cater to your infantile and illiterate post, and your inability to read before opening your putrid mouth (or should I say your leprosy infected fingers) to quote me? Go get a refund from whatever backwater school you attended.

I reiterate: have you taken time out to read what the whole scheme is about, you scandalous pseudo
Sod off! I can't be catering to illiterates all the time.

SirShymex: Le sigh!

Another stark illiterate!

Is it about the "best private hands to implement and manage" or what's involved in the whole process? Have you taken time out to read what the whole scheme is about (that's if you can actually read because this forum is populated by stark illiterates who can't discern the simplest things)? Go read about everything that it's about!

Anyway, what's so difficult about creating a biometric database? I can build one that can store the biometric data of 170 million people and an interface for recording them with ease. And I'm sure there are tons of bespoke software out there for this. All that's needed is just a centralised server that will connect all the government agencies within the country, where the data would be needed and monitored, with the best computer/network security devices/applications.

P.S: don't quote me back - I just came back to post about the next war in Europe.

SirShymex: Le sigh!

Another stark illiterate!

Is it about the "best private hands to implement and manage" or what's involved in the whole process? Have you taken time out to read what the whole scheme is about (that's if you can actually read because this forum is populated by stark illiterates who can't discern the simplest things)? Go read about everything that it's about!

Anyway, what's so difficult about creating a biometric database? I can build one that can store the biometric data of 170 million people and an interface for recording them with ease. And I'm sure there are tons of bespoke software out there for this. All that's needed is just a centralised server that will connect all the government agencies within the country, where the data would be needed and monitored, with the best computer/network security devices/applications.

P.S: don't quote me back - I just came back to post about the next war in Europe.

SirShymex: Nah, remove the darn logo, and remove mastercard from the whole scheme including the biometric transaction nonsense.

If mastercard wants to start a biometric payment system in Nigeria, they should take it to the banks and let folks do so based on choice. You can't force people into an idi.otic scheme they don't want to be part of.

tit: I still cannot believe that Nigeria's oil and gas processes or not metered.
Someone tell me it is not true.
The meter unit is the single most important piece of equipment in the oilfield.

drshrewd: [b]At first when the ousted CBN governor com emir Sanusi Limido Sanusi alerted the president and the general public that $49b was missing I said to myself that this guy must be high on concentrated “ogogoro”( a local alcoholic drink popular among the Niger Delta people). He even collaborated my suspicion when he vacillated around this figure to $10b and further to $20b. As a rational mind I played down this seemingly outrageous claim as I felt it was not worth my deep analytic evaluation. For an amount of money that can transform a ten square miles of Sambissa forest to a mini New York city awashed with sky scrapers, an amount that is about 4% of our rebased GDP (economists should be in better position to appreciate the implication of this) , an amount that can electrify the whole of west Africa sub region with modern state of the art power evacuating equipment, an amount that can fixed all the bad federal roads in the country with modern state of the art drainage and pedestrian walk ways embellished side by side with beautiful trees and flowers, an amount that is three fourth of the federal government’s yearly budget. I said to myself that this bogus claims of missing $20b is as unthinkable as unthinkable itself and realistically unrealistic! And if such amount should be missing then the federal government would be fiscally ruined as well as financially distressed and perhaps America ‘will’ know! I hastily concluded that the CBN governor should refrain from making spurious claim that defies logic and verges on insubordination.

However, after some few months I started reflecting on the poor state of our dear country. The epileptic to zero power supply, the noisome to critically dilapidated state of our federal roads, the unprecedented striking tumult sweeping across critical government organization due to paucity funding and wanton neglect , the poor budgeting (less than 30% capital I bet no serious developing country can make any head way with that) and it very poor implementation, the insecurity plague despite huge amount of money being sunk in that sector and the growing institutionalization of corruption and it attendant impunity. All I can only surmise was that the once crawling giant of Africa has finally fallen deep in slumber. Further reflection on the state of affairs of our dear country literally plunged my mere pessimism into full blown despondency as I review our budget for the past few years.

The FG under GEJ has over the years in his budget proposals pegged the bench mark of petroleum product at around $70 and over these years the product has consistently been sold for around $100 leaving us with an excess of $30. This excess ought to be in the excess crude account (ECA). Let get our hands a little bit dirty with figures and statistics. Nigeria having been producing an excess of 2m barrels of crude oil per day over the years implies that 2mx30 or $60m (conservative estimate) ought to be made a day from the excess crude sales. In a year this amount to 365x60=$21,900m or $21.9b (could this be the missing money?) but again, FG has 60% stake of the joint venture with the multinationals therefore, FG ultimately gets 60% of $21.9b = $13.140b. for two years FG gets 2x$13.14b= $26.28b. wao!! A figure not far from the purported missing $20b not being remitted in the federation account and not in the excess crude account either within the alleged fiscal financial years. In fact the ECA was seen depleting during this period and beyond. The states statutory allocation equally went down to the chagrin of the state governors. The question is where are our monies( the money may even be beyond the said missing money if you do your maths very well).what is even the state of our ECA currently? Some years ago, NOI (okonjeconomics) said that they want to maintain a minimum of $50b in the ECA for economic sustainability and stability. So where is the said minimum amount? The last time I checked ECA is as good as empty.

After my analysis, I decided to disabuse myself of the incredibility that $20b or more is impossible to have got missing. In fact, I strongly believe that far more than that may be missing. I also vindicated Sanusi for erroneously indicting him earlier on. Finally, I wept for my dear country led by a government whose body language strongly consents corruption. A government that has left the anti corruption agencies embarrassingly toothless and inert. A government that is too myopic to know that fight against corruption ought to be her first priority because if corruption is tackled head on then Nigeria should certainly be on a course of being 90% fixed. A government whose head recently appeared on a national TV to proclaim to the world that stealing is not corruption. What a show of shame!

Dr.shrewd typing via Bonny island Rivers State.
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AZeD1: I'm pretty sure i know more than you.

Do you think the mastercard logo is just for design?

chimerase2: ihedioha, hope u re joking

babyosisi: Chai,Nwoke a bu kwa nu eediot o
A very big eediot I tell you
Tua