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Politics / Re: Is This How Dame Jonathan Will Address A Gathering? by ekubear1: 3:43am On Mar 16, 2011 |
It is pretty embarrassing, but honestly not a dealbreaker. I have more serious concerns about GEJ than his wife. |
Politics / Re: Revealed! Gov. Fashola`s Financial Extravaganza by ekubear1: 3:27am On Mar 16, 2011 |
Can we have a credible news source, please? Seems mostly like wild accusation. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 3:14am On Mar 16, 2011 |
Aletheia's excellent questions remain unanswered. If I wanted to destroy the economy of Yobe State, I'd take their money and sink it into unviable businesses. Conversely, if I wanted to make Yobe State rich, I'd find things that are viable and invest in those. Guess which category an airport falls in. Anyway, this is why I'm a federalist. Cookie cutter solutions don't work. If Lagos State has $10 million free, the best thing for them to spend that money on is probably not going to be the same thing that Ekiti State or Yobe State should spend it on. Let the states decide for themselves which direction they want to go. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 2:13am On Mar 16, 2011 |
jason123: I feel more confident about my ability to root out corruption and incompetence in my own state/LGA/town than in all of Nigeria. Latter task sounds hard, former task is less so. Just give us the funds and no FG interference/obstruction, and good things will happen. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 2:08am On Mar 16, 2011 |
^-- Imo, let the states decide which way they want to go. FG doesn't need to mandate it from above. Give each state the cash and let it manage its own affairs. That maximizes flexibility and progress. Your own state can then take the money and build airports if they like. . . mine can then go in a different direction. Everyone wins. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:55am On Mar 16, 2011 |
Kobojunkie: I would strongly object to the FG building an airport in my state (unless of course the FG says, "Take this airport or have nothing." I'd rather them give us the cash and let us invest it in something else that is more profitable. Say, improved roads across the state. Ultimately, I think every state should be able to decide which direction it wants to go. It makes no sense to force cookie-cutter solutions on everyone. Alj Uche:Fair enough. I'm starting to understand now why African countries don't progress quickly though. Just poor decision making, investments and planning. "An airport for each state" sounds more like a vanity project than a sound plan to move the country (and its states) forward. If I have 1000 naira but constantly invest in bad ideas, I'll eventually be poorer than a man who starts with only 100 naira but invests in good business ideas. |
Politics / Re: Wow: Buharis Wife Is Breathtaking by ekubear1: 1:47am On Mar 16, 2011 |
She is pretty attractive. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:45am On Mar 16, 2011 |
Kobojunkie: The road and railway network in Nigeria is far worse than the air infrastructure, Kobo. It is easier to justify the investment for the former than the latter. If the FG sold off Lagos-Benin road to private investors who'd then get to charge a toll, it'd be snapped up pretty quickly. But if the FG offers an airport concession to some company to build an airport in Yobe State. . . nobody would want to invest. Just because he knows that he won't make his money back. Anyway, Nigeria isn't that big a country. . . the government doesn't need to subsidize airports in every state. Big waste of money. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:37am On Mar 16, 2011 |
jason123: It is just a # to illustrate a point. Hypothetically, it might turn out that some regions get a ton of traffic which will then justify investing in more airports. I don't see how this is federal. I thought federalism = everyone does their own thing by themselves, makes decisions independently. This doesn't sound like federalism to me. Sounds like a cookie cutter, one-size-fits-all sort of solution. By "organically", I mean "naturally." Take bank branchs for example. New bank branches are opened up in economically viable places. In some places in Abuja, you have 5-6 banks within a mile of each other. In my village, far less. The FG didn't mandate from above that Abuja and my village must have the same # of banks. The banks themselves determined how many each should have. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:30am On Mar 16, 2011 |
Kobojunkie: It is an absolutely terrible idea. Who the fvck is going to pay for it? If you open an airport in Yobe State, how many people are likely to frequent it a year? Likely under 50 a day. That airport will be losing enormous amounts of money. Why on earth should we be wasting money on white elephant projects like this? Again, if Yobe State wants to waste its money doing this, that is their own choice. But why should I be paying for it? |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:25am On Mar 16, 2011 |
@jason123: Even that doesn't make sense to me. In some regions, it might make economic sense to have 20 airports. In others, maybe only one. I don't see how it makes sense to pre-determine how many each region gets. . . let it happen organically and naturally rather than determined from above by the FG. @Alj Uche: But who will pay for the airport in Kwara, if it turns out loses tons of money? I highly doubt Kwara State gets enough air traffic to justify having its own airport. So in other words, it'll be a money-losing business venture. So who pays for the shortfall? If the government of Kwara State wants to make up the shortfall, fine and well, that is their own decision. But why should I be the one paying for their decision? |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:19am On Mar 16, 2011 |
[quote="Buhari Manifesto"] 5. Embark on PPP schemes with a view to ensuring that at least one functioning airport is available in each of the 36 states. [/quote] This to me sounds like a terrible idea. Not every state should have an airport. The only economically viable airports right now are in Lagos, Abuja, PHC and Kano. . . all the rest drain away money, if I remember correctly. Why build more financially unsound airports? Anyway, this should be a state decision, not a federal one. If my own Ekiti State foolishly decides to invest finite resources in an airport, then I don't see why others should have to subsidize that poor choice. |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 1:06am On Mar 16, 2011 |
Problems I have with Ribadu's plan: Fine, we all agree with this. True, but not really a big deal. "Sabotage" is an issue, but still NG is the cheapest source of fuel you'll easily get. OK. So WHY is there a shortage of gas? Well, the reason is because under the current regulation, NNPC (at least, I think it is NNPC?) provides subsidized gas to the power plants. This gas is then turned into electricity and sold at below-cost prices to the Nigerian consumer. If PHCN were buying natural gas at market prices (rather than subsidized prices), then there wouldn't be any shortage of gas. OK. Coal will fail too if you force whoever mines the coal to sell it for below-market cost. The technology is not the issue, the issue is the pricing structure. I have no clue why he is suggesting coal w/o first facing the pricing structure issue. Irrelevant, and not going to help very much. You don't get much electricity from these sources. Absolutely no need for fiscal incentives. Just let them sell the electricity at whatever price they want to. Just the same way you let a yam farmer sell for whatever price he wants. Blah blah blah, not really important. The problem I have with this is too much "we." Not enough, "deregulate and create an interference-free environment for private business to operate." |
Politics / Re: No Uninterrupted Power Supply Till 2019 If I Win - Buhari by ekubear1: 12:44am On Mar 16, 2011 |
Buhari's plan is too inspecific and slow. 50K MW by 2019 seems. . . . mediocre. Otoh, Ribadu's seems too government oriented. There is actually nothing wrong with using NG for electricity. The problem is the current subsidy system that discourages investment. Nobody wants to invest in producing electricity when they are forced to sell it for less than it costs them to produce. To be quite honest, I like GEJs plan the best. He pretty much plans on privatizing electricity period and deregulating the industry. If you do this, then supply should catch up with demand, and there is no need to say things like "X MW by date Y." |
Crime / Re: Immigration Nabs 5 Nigerians En Route To Libya by ekubear1: 8:27pm On Mar 15, 2011 |
Damn, that is nuts |
Politics / Re: Yar'adua Was A Better President Than Jonathan by ekubear1: 8:20pm On Mar 15, 2011 |
Hard to say. Yar'adua did pretty much nothing. Let's not romanticize the past. |
Crime / Re: Immigration Nabs 5 Nigerians En Route To Libya by ekubear1: 8:15pm On Mar 15, 2011 |
Beaf: Smh. Prostitution, try to enter Europe. . . there are many plausible options. But your immediate first guess, that a band of largely women (including an 18 year old girl) are travelling there as mercenaries obviously makes no sense. |
Crime / Re: Immigration Nabs 5 Nigerians En Route To Libya by ekubear1: 8:07pm On Mar 15, 2011 |
Beaf: Use your brain. 4 out of these 5 names are women's names (if I'm not mistaken about nwazuzu.) And you think they are going there to fight as mercenaries |
Crime / Re: Immigration Nabs 5 Nigerians En Route To Libya by ekubear1: 8:03pm On Mar 15, 2011 |
buzugee: Prayer, juju? wtf? How about a better economy so people don't flee Nigeria for a country in the midst of a civil war Hell, i could even see venturing to Iraq/Afghanistan and working there. . . you can earn on the order of a quarter million in a year. That sort of tradeoff might be worth it (though personally i wouldn't do it.) But how much are these women really going to earn doing prostitution? I doubt it is up to $20k. |
Celebrities / Re: Is Naima Adedapo 100% Nigerian? by ekubear1: 8:00pm On Mar 15, 2011 |
@tpiah!: Relax o. You'll never hear me diss naija women. Largely speaking, I'm beyond ethnicity and nationality when it comes to females anyways. . . I don't really care about that type of stuff. |
Crime / Re: Immigration Nabs 5 Nigerians En Route To Libya by ekubear1: 7:53pm On Mar 15, 2011 |
Smh. . . life is more important than money. It isn't even like they'd be earning huge amounts of cash, is it? Now is really not the time to be trekking to Libya |
Politics / Re: Mend Plans To Attack Lagos And Abuja by ekubear1: 7:44pm On Mar 15, 2011 |
^-- Heh. In this particular case, we don't even need to lift a finger to do anything. Read this article and think of its implications: http://af.reuters.com/article/investingNews/idAFJOE7280JB20110309?pageNumber=1&virtualBrandChannel=0 So just relax and watch things unfold. In case it isn't clear. . . not every investor is as media and brand conscious as Shell. Some in particular (indigineous Nigerian businessmen, Chinese, etc) are absolutely ruthless, and will do anything to see their investment profitable. The implications of this should be obvious. |
Politics / Re: Jonathan Is Finished on the WEB . But He Seems Popular On The Ground by ekubear1: 7:40pm On Mar 15, 2011 |
KnowAll: This cracked me up |
Politics / Re: Mend Plans To Attack Lagos And Abuja by ekubear1: 7:31pm On Mar 15, 2011 |
^-- Man, fvck that. That is not even relevant. You cannot afford to be on the defensive with riff-raff. Simply fvck them and seek their destruction. If they want to play this game, so be it. |
Politics / Re: Wow: Buharis Wife Is Breathtaking by ekubear1: 7:24pm On Mar 15, 2011 |
All this talk, still no picture, lol |
Politics / Re: Mend Plans To Attack Lagos And Abuja by ekubear1: 10:24am On Mar 15, 2011 |
^-- I disagree. Moreover, I suspect that Yoruba people in general disagree. Anyway, whatever. Whoever wants to work against our interest, then we shall work against theirs. Fine by me. |
Politics / Re: Polls: Presidency Moves To Counter Acf, Plans Northern Economic Summit by ekubear1: 10:18am On Mar 15, 2011 |
All that money they get, and they still need economic liberation. Na wa o. Accountability and less pissing away of funds is the best way to liberate yourself. . . I strongly suspect that they see more funds from the government per capita than the rest of the country. |
Politics / Re: South African Vodacom Advert,making Fun Of Naija Leaders by ekubear1: 9:14am On Mar 15, 2011 |
http://www.economist.com/node/16248589 Damn. And I think we both know which segment of the population this 43% is. . . don't we? So like I said. . . be very careful who you start taking shots at. We can leave it at that, or I can dig deeper. Up to you how we play this game. |
Politics / Re: South African Vodacom Advert,making Fun Of Naija Leaders by ekubear1: 9:05am On Mar 15, 2011 |
RSA: In other words. . . turn over the country to whites, Indians and Asians, let them build it up to a first-world nation, then kick them out and run it down? If this is the only way to build a successful African nation, then count me out. This isn't enough, though. Small pockets of your country are first-world, large swathes of it are 3rd world. Unemployment is what, 30%+? 3-4% economic growth simply will not cut it. When on earth did you bathe yourself? Julius Malema is bathing himself? Lol. "200 thousand million people"? Illiteracy is still an issue, it appears. Rofl. You are certainly entitled to your own beliefs, but not your own facts. Anyway, it is what it is. I don't think Nigeria will necessarily make it intact. . . but I don't see why some dudes in a country built by the white man have bragging rights, at all. |
Politics / Re: Arewa, Ndigbo Endorse Fashola. by ekubear1: 8:54am On Mar 15, 2011 |
^-- I don't think it is a problem with individual Igbo. It is mostly these organizations that need to be vigorously monitored and ideally destroyed. Individuals mostly want the same things everyone else does. Only a small fraction of people can move into another man's land and work against the interest of his host. Likely 95% of immigrants to Yorubaland are well-meaning. Key thing is to separate these evil elements from the rest. No point throwing away the wheat with the chaff. |
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