₦airaland Forum

nairalanda1:
Well, it isn't textbook economy.

We have been doing subsidised electricity since at least 1978...and since then things have gotten worse.

Ivory coast was doing subsidised electricity until 1993. Back then they had peace, but they also had power cuts, and system collapses (the last major one was in 1984.). Then in 1993, they removed subsides, and privatised power from top to bottom....and the result was 24 hour power supply, despite having a civil war and several severe crisis.

And it is not that Ivory coast is free of corruption (the guy who privatised power was a corrupt bigot)...but since it got profitable, the sector has had money to improve things. Hell, the WOrld Bank invested money in the thing, among other investors.

Now that's practical economics.

NO investor would invest in any sector that has subsidy. That is why subsidy on fuel went when dangote was ready to open his refinery.

this is a simple logic.

The band A as a test run program failed. It failed and further increament will fall as well.

The band A increased cuase serious issue to the economy. Hotels increased their service. Restaurant and bar increased their service. Frozen food increase their service.

Poorer people reduced their electricity consumption. I no longer putting on my air conditioner except for extreme conditions.

All of which didn’t even brought value to the increase. So its failed F9. And out more people in suffering

nairalanda1:
Simple, because at the end of the day, band A form only 20% of total consumers, and because most consumers do not pay a cost reflective tarrif.

That means that the money earned at the end of the day is not enough to pay for improvements.

For things to improve, discos would have to be earning the amount of 15 trillion naira from band A consumers....which is not possible.

Hell, the issue is the right of a company or an individual to set its prices....and taking away that right from the power sector is why you don't have light.

you only knows about textbooks economy. Reality is different and only people with experience can understand how reality works

chillex8:
Did a matte paint on my odyssey over a decade ago .
Will I do same today, naaaaaa.
I prefer glossy finish.

Can you give us good reasons why you can't do it again?

nairalanda1:
The problem is, the money for subsides will come from the 1.9 million barrels per day we produce here in nigeria...which is not enough for a country our size revenue wise, and that is before corruption comes in.

Also, we need something like 10-15 trillion naira annually in new investment for at leasr 5 years before we can see improvement. That is about a quarter of our current budget. And that is for new investment...doesn't cover subsidy or revenues.

That means that if you want subsides, you got to pay through the nose for it....by massive borrowing and more debt.

Also, Ghana and Ivory coast don't have subsides, and as a result have decent power supply. Egypt, that Peter Obi holds up as an example, removed subsides on power. That's our comparison...not India which is relatively wealthy

you are one of them that support the band A rhetoric. Why is the band a not having light? At least that would make others want to be moved to band a.

nairalanda1:
The problem is our power sector needs investment and no one is going to invest in a sector where there is subsidy.

That is because you won't see adequate profit and return on investment because for most consumers government is setting prices to the point where ROI is impossicant.

Let me put it this way, you got two bakery business you want to invest in.
One of them is located in a state where they sell bread at a price of 200 naira when it costs 2000 naira to bake one loaf because the state government has brought in price controls and the subsidy they pay doesn't cover potential rises in production costs.

In the other state , bread is sold for 2600 per loaf , the same cost to bake it as the other state. Where would you invest your money.?


Ivory coast and Ghana stopped subsides on their power sector. Last time ivory coast had system collapse was in the 1980s. They privatised and removed subsidies in 1993.

you don’t know what you are talking about. There are some secrors that needs government regulation. Because the economy of the country is within them. Any wrong move can cause massive inflation fuel and energy. India electricity is subsidize and very cheap for the poor. So how are theu doing it? You cant run America style economy in india because it won’t work. The people are poorer and not in the same status. Rent are not the same and wages are not the same.

Another one. They told us band A will solve all the power problems. As Its the best policy after sliced bread even after we told them nothing would come out from it. They have started again with another gimmick. When you keep devaluing your currency under any pretext. You will continue to chase shadows and blaming band c and d. another price increase will still not solve it. Price increases have never solve anything in this country. Check the increase of fuel it only creates inflation.

The power problem is so terrible. From December, January to February.

Power bank break the record of highest selling device. But online and offline.

To even find really cold drink in this country is from hotels.

Pack all your property outside. All and do general cleaning. Wash your badsheet and curtain. Mopping everywhere. Spray some fragrances.

Then do let night weakout. Walk 10km. If your neighborhood is safe. Or buy a bicycle and do 30km.

"A few years ago, matte black and gray cars surged in popularity. There was rapid growth, but then they suddenly seemed to disappear. What is the problem with this paint?

From what I know, matte paint doesn't last and is difficult to maintain. Although the color looks very mature, it scratches and fades easily."

Because matte paint has a unique, porous, and textured finish designed to absorb light rather than reflect it, traditional buffing or polishing to remove scratches will ruin the finish by creating a permanent shiny spot.


Key Challenges and Considerations:
Permanent Damage: Scratches, swirl marks, or deep etching from bird droppings/tree sap cannot be buffed out. If the matte finish is polished, it turns glossy.

Specialized Maintenance: Matte cars cannot use automatic car washes, waxes, or harsh detergents, as these can add unwanted gloss or damage the finish. Hand washing with specific matte-safe products is required.

High Repair Costs: Because panel-matching is difficult, fixing minor damages often requires repainting an entire panel, which is significantly more expensive than repairing glossy paint.

Porosity: Matte clear coats are more porous than glossy ones, making them more susceptible to staining and absorption of contaminants.

Uniformity Issues: Maintaining an even, non-splotchy look across the entire car can be difficult, as the finish can appear uneven if not cleaned properly.
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tctrills:
No, the US will never do that because you can't pay them enough, but for a poor African country, treating HIV may be far more important than maintaining privacy. Health could easily be a bigger national risk than privacy, and if they can't afford health, trading their privacy for it may be a difficult but wise choice.

hiv is lab creation to control countries especially Africans. The people living with the sickness are few. But the stats is over bloated. Those aid money are fir corrupt politicians

So many speculation and all that. Nigerians will never know what really happened.

But i believe it’s election related. They need someone to work with in the coming election.

They former IG suppressed any form of protest. Protect is like a crime. Going after any one we speak ill of tinubu.

I am suspecting the free 50k bed they want to give to Nigeria prisoners.

tctrills:
It is simple, you either choose privacy or financial aid. You can't have both. Zimbabwe chose privacy. I have no problem with them or the US. Also, remember, each time you choose to use Facebook, X, Instagram, or TikTok, you are trading privacy for entertainment, communication, or business. So these decisions are not only made on a national level, but we also make them on individual levels.

would the US give out their data to another country?

That's national risk. The Zim has already pulled out. China is not using esim technology because they are not the ones that developed it. Until they develop their own version of esim technology.

Any country using esim is using U.S tech.
Esim has data risk and u.s surveillance. And they are pushing and forcing the world into it.

People evolve from each generation. Right now if it's not send me ur account. Many people prefer tiktok that chats.

Umm. Why the u. s need the data of people living in Zimbabwe? What is about zims that they want to spy on?

People that involved on those don’t usually have regular customers. The sell randomly

Road block is supposed to be stop and search suspecting vehicles. Ask for papers and drivers license. Just for identification. If documents expired thats not the problem of the police. Road blocks is not a bad thing. But the police only thinks of extortion. They are there to make money which bring us to the problem we found ourselves.

He should ensure to atop his men from harasing young Nigerians for extortion.

He should go after this kidnappers and bandits. The EFCC boss might be next inline

Sheuns:
About the shipping from China, we can actually help with that and it gets to Nigeria in 2 weeks.

The seller only has to deliver to our China warehouse and we ship to Nigeria for you.

how much. Do you receive and deliver bulk items from alibaba to personal address in any states in Nigeria?

Question she should ask and find answers to is why Nigerian women are the least desired in the world. If a Nigeria woman travels to Europe. The high chance that she will not marry is 95%. The high chance that she will marry a sugar boy is 95%. And the high chance that she will end up with a man below her status due to her old age is 95%.

By the time Nigeria breaks. Each piece will not come out for the top 20.

I retain some domain that grows in value and worth a thousand usd. But i had to let it go because of annual fee and God knows when or if they will buy it at all.

I also have a domain that was forcefully taken by the host company. And sold to another company with that name. They are criminals since i don’t have control over the domain.

Assuming i am in the U.s. It would have ahave been a law suit. To forcefully sized a domain under any force claim because a company is interested in the domain

The domain started with “blockchain”

Just to let you know the quality of the domain. As we speak the company is still using the domain.

Most countries into tech are richer than oil producing countries.

The middle east and Africa are only after natural resources. Which doesn’t create jobs and employment.

maasoap:
You meant Transsion owns Palmpay?

yes and palmstore.

Big and large company diversify they don't relax comfortably in one area. Anything can go wrong in a perticuler field.

High service. Because church buildings are not name outside the apostles. They have commuted a big sin.

Even people thar build churches and donated them to churches the church were never named after them.

Chinese Android can run 5g and turn hotspot without heating up. Stronger battery life. But iPhone get really hot on 5g not to even talk of hotspot and battery.

iPhone and Samsung is just best suited for wifi. Turning on data and hotspot is not for that expensive shit. They get hot and screen might get damaged.

wengerman:
Which fintech is the beat for corporate account

carbon business or kuda business

Opay have the worst customer support.

Kuda should be on that list.

As long as you use windows, android and ios. Crypto, WhatsApp, gmail and fb. You are not free from U.S surveillance

Forget what they told you end to end encrypted shit there is always a backdoor. Its all gimmicks to deceive the gullible. They are watching you incase you don’t know.

The way microsoft is going with their windows update. Screenshot your desktop every seconds unknowingly without your concept. Spying on what you are doing on your computer. The sites you visit, your conversations and all that. The world would soon abandon them.

You better start learning Linux for a foreseeable transition because windows and android is no longer safe.

This is crazy. The highest of what any one can see from the apc administration

I do hope they pay people for their lose too. The Only winners in bets and they bookmakers. Even the people that win today they have lost more and will lose more than what they won.

So policy is the most useless and stupid idea. To the person that even think of this.

What is inec even doing. The space for in word is too small. Delist those useless party and make the space for in word bigger.

It's for the party agent in each of the poly unit or major centers. to send real time data. Not the official one from inec. But the party records. If the result were change as a result of none transmission. The
party have their own server to contend with the original result from inec.

But unfortunately they will tell them to go court after rigging. When the judges are in their pockets.

The only way to win Africa president from history is wide margin. 80/20 or 70/30.

Anything less than that can easily to turned.

My alat by wema bank account is on a loop. Resending the sane credit alert every 30 seconds. The same sms message of a transaction I carried out.

My worried is that they will charge me for all the sms they are sending me. My sms is full already.

Those who know how to reach wema bank should reach out to them. Their is a bug or technical glitch on their system.

Cc: Seun, very important