₦airaland Forum

MsDarkSkin:
never knew they disliked Yoruban ppl tho. doesn't seem logical or likely.

Just FYI, plural would be "Yoruba" as well.

Relax101:
What has ACN offered the people they claim to govern except sophisticated propaganda.
Let Mimiko remain in LP and let LP win. Insha Allah!!!!

Are you a member of Igbo Haram?

lol

lmao

Ufeolorun:
Oodua group owns 10% shareholding so no be only Ogun state 

Didn't know that!

My bad. In that case, SW on the rise.

Ogun State on the rise.

Lafarge WAPCO Begins Rail Distribution of Cement

11 Oct 2011
Font Size: a / A

Lafarge Cement WAPCO Nigeria Plc logo

By Crusoe Osagie

In partnership with the Nigerian Railway Corporation (NRC), Cement Manufacturing Company, Lafarge Cement WAPCO Nigeria Plc, has commenced transportation of cement from its Ewekoro Plant by rail to its customers nationwide.
Lafarge WAPCO is the only cement company connected by rail in Nigeria.

The partnership, which would ensure faster and regular supply of the company’s products (Elephant and Supaset cement) to the target customers, would see NRC moving about 2,000 tonnes of cement per week on a short term and later 6,000 tonnes on a weekly basis.
Speaking at the Ministerial flag-off to officially commence the operations at the Ewekoro Plant of the company, was the Managing Director and Chief Executive Officer of Lafarge WAPCO, Mr. Samy Abdelkader.

He said, “We will continue to partner with government in order to achieve the dream of self-sufficiency and availability of cement in Nigeria. This is another way to demonstrate our support to the Federal Government’s policy of backward integration in the cement sub-sector”.
“Lafarge WAPCO is committed to making cement available to Nigerians at all times and this is why this partnership with the Nigerian Railway Corporation is very important to us. We are optimistic that the use of Rail Transport will go a long way to ensure that our products - Elephant Cement and Supaset - get to the final users in a safe, reliable and faster way.

“It will interest you to know that, apart from the opportunity of reaching our far distance customers in the North, the haulage by train will also help to reduce the traffic congestions on our roads. For example, one single haulage trip by rail is equivalent to 25 trucks of cement which would ordinarily have taken about two or four days to deliver, thus reducing the pressure on our roads”, Abdelkader added.

He also noted that being a safety conscious organisation, the company was looking into the peculiarities of rail transport in order to see how best to make the operation safe.

Lafarge WAPCO has been partnering with the Nigerian Railway Corporation since its establishment to transport its products to customers.  The company has equally optimised its depot strategy with the opening of twelve new depots across the nation, while its logistics system is also being enhanced with brand new trucks.

http://www.thisdaylive.com/articles/lafarge-wapco-begins-rail-distribution-of-cement/100153/

interesting

What is their basis for raiding the newspaper?

It seems that poor countries are poor for a good reason. Bad decision-making at the center. And for some reason we (Nigeria, Pakistan and others) all seem to be making the same bad decisions.

Amala politics (like this electricity subsidy) in particular is I think one of the most dangerous things in the world. Bad for you and your country if put in place, and difficult politically to remove.

OP must be high as a kite

What is up with this worshiping of tin-pot African dictators?

They just need to sort out this power situation.

And then we are ready

More pics courtesy SKC:

http://vml1.s3.amazonaws.com/wp-content/uploads/2011/10/Falomo-bridge.jpg
http://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-1.jpg
http://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-2.jpg
http://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-3.jpg
http://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-4.jpg
http://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-5.jpg

These last two pictures:
https://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-6.jpg
https://pmnewsnigeria.com/wp-content/uploads/2011/10/Falomo-bridge-7.jpg

Honestly, if no one told you which city it was, would you think first that it must be Lagos or an African city (aside from the molue which gives it away)?

Could easily be the museum district in Houston.

Well done, Fashola

t

[quote author=E.nosa link=topic=779095.msg9316651#msg9316651 date=1318341234]Why are the youth silent about all this, is it that we are patiently waiting for our turn to eat of the free national cake or what?[/quote]I am waiting for my turn o

Imagine buying something for $300k and the leasing it out at $300k/year immediately after.

That is easy money. Let me get my piece of the "Nigerian dream" too

Regions, creations of the military?

lol

Wow.

Really bad security situation.

Comparing and contrasting with Nigeria's power situation is interesting. Especially the responses of the people in both countries.

https://media.economist.com/sites/default/files/imagecache/full-width/images/print-edition/20111008_ASP004_0.jpg


ALTHOUGH Pakistan makes international news for terrorist attacks, anti-American demonstrations and its alleged support for insurgents in Afghanistan, it is the basic inability to switch on a light that is pushing this volatile country closer to the edge. Popular anger over Pakistan’s crippling electricity shortage boiled over on to the streets this week, with riots that paralysed whole cities, unleashing running battles with the police and causing widespread damage to government offices (see picture above).

It is clear why the people were angry. In many of the towns in revolt, they have gone 20 hours a day without power in a still-sweltering Pakistan. What is more, the government of President Asif Zardari has done little as the energy crisis has grown, dithering over its strategy even as it cooks up schemes for new power plants to enrich its cronies. In the process, the government has squandered billions of dollars.

This week’s demonstrations were the most serious protests against the government since a movement in 2008 to reinstate a sacked chief justice. The opposition leader, Nawaz Sharif, whose political performance had been lacklustre at best, quickly embraced the protesters, quipping that the “Zardari network” was more dangerous to the country than the Haqqani network, an Afghan jihadist group based on Pakistani soil.

The energy deficit, in both electricity and gas, means that businesses have to shut for part of each week, forcing many to go bankrupt. Power shortages are estimated to slice some 3-4% off GDP. “The textile industry of Punjab is doomed,” says Shabbir Ahmed, chief executive of Bashir Printing, a textile dyeing and printing factory in Faisalabad, in Punjab province. His plant now shuts for two days a week for lack of gas. Even when there is gas, he says, the electricity is cut four times a day.

For ordinary people, the frustrations are endless. Refrigerators become useless. Water runs out because it relies on electrical pumps. Children do their homework by candlelight.

Insufficient capacity is not even the biggest problem. That is a $6 billion chain of debt, ultimately owed by the state, that is debilitating the entire energy sector. Power plants are owed money by the national grid and the grid in turn cannot get consumers (including the Pakistani government) to pay for the electricity they use. This week, the financial crunch meant that oil supply to the two biggest private power plants was halted, because the state-owned oil company had no cash to procure fuel.

The central government also continues to subsidise the cost of electricity to the tune of billions of dollars a year. That money, say the government’s critics, could be better used to pay its own bills and thereby free up unused capacity in power plants that are mothballed because of non-payment and disrepair. Cutting subsidies to people’s electricity bills, however, could lead to even more unrest. Critics argue that the government’s hand-to-mouth policymaking is self-defeating, and illustrates its general lack of planning.

In the long term, help could be at hand. Pakistan says it is about to start work on a giant dam, the $12 billion Daimer-Basha, in the far north-east, with backing from the Asian Development Bank. The dam would add a large amount of generating capacity. America may provide aid for the project. (India, which believes that the dam lies in disputed territory, in part of the former princely state of Kashmir, is inevitably against the dam’s construction.)

There are also plans for a gas pipeline from Iran, though the Americans have warned that the scheme could fall foul of their sanctions against Iran. Alternatives include access to Pakistan’s abundant untapped coal reserves, or importing gas and electricity from central Asia, across Afghanistan, a daunting proposition.

However, it is the short term that is the real problem. Unless the Pakistani government can solve its cycle of debt and disorganisation, ordinary Pakistanis will continue to vent their fury.

http://www.economist.com/node/21531495/print

I need to enter politics and join the PDP.

Seems a lucrative career

So if I start a company in Nigeria, I am not allowed to fire my workers? This is illegal or something. . . ?

I really like Ruby.

For me, iteratiors (like each, map, etc) are really cool.

Basically given an array of anything, say #s:

a=[1,2,3,4,5]

You can write:

a.map{ |x| someFunc(x)}

This applies the function someFunc to each element of the array and spits back another array. You actually can even specify your function anonymously, like:

b = a.map do |x|
return x*x
end

The above gives you an array b with each element the square of the corresponding element of a.

Iterators are probably not the coolest feature of this language, but the one I enjoy the most and seem to use the most often. Really so much more pleasant that writing for loops.

Err

There is no mistaking the ancient cultural and linguistic ties between the neighbours.

Neighbors?

Ancient linguistic ties. . . ?

Interesting article though.

The more important thing for the economy is electricity.

Oil is supposed to be crazy profitable.

Like you spend $2 barrel extracting the oil and sell for nearly $100.

You don't see business models like that too frequently.

Nigeria's GDP is about $200 billion or so? Let's say 200-250.

Oil is about $40-50 billion of that. . . let's say 20-25%.

However, most of government revenue is from oil.

So it is a large chunk of the economy, and almost all of gov't revenue.

However, if the non-oil sectors of your economy grow rapidly enough, in time they'll replace whatever one would lose if oil suddenly became worthless (or unavailable.)

In a nutshell, in the short term it is important. But in the long run, perhaps not so important

DK: Why do Ogbomosho people travel so much?

[quote author=isale_gan2 link=topic=778080.msg9310257#msg9310257 date=1318253283]Are the Arabs pictured Caucasoid or Negroid?  Maybe they're Mongoloid?! 

Tinubu is not a billionaire. 

And they wouldn't be able to get an accounting of Obj or IBB's wallets.  Those two are scary.[/quote]Then if you call Arabs who look like this "white", then pretty much most of the middle east, Afghanistan, big chunks of Pakistan and some of India is also white.

Hmm

KINGwax:
[color=#000099][/color] eku_bear, u knw there's a difference between 'a fool' and 'the fool'? Well, if u don't, u might want to ask a more higher-brained fellow cos you're jst 'the fool'.

Heh. If you say so. I know myself, and quite evidently you do not.

I'd be happy to continue. I'm kind of interested in this stuff as a layman, but find it hard to get good #s.

I still maintain that either LCC and Fashola are either fantastic, marvelous crooks on a Bernie Madoff scale or there is something we are not getting about what it costs to construct this.

My guess is at most 20% inflation (and possibly very little). . . which is something I can live with, so long as projects get completed.

At this point in Nigeria, better to have slightly inflated infrastructure projects which are actually completed than cheap ones which just get stolen away.

@LogicPower: Lol. This is the same way I approach most of my posts.