₦airaland Forum

It is too risky for a corruption-prone nation to undertake nuclear perojects. What will happen when the funds allocated for the required maintainance is squandered? We can exploit other sources of power with less risks. Nuclear power is a clean source of energy for developed countries but can be a tragedy for Nigeria.

My accountant brothers in the house, I need assistance with an academic project that I am doing now. Can someone advice me on the best ratios to apply in the analysis of a company that is a 'take-over target'? I don't want to spend too much time using irrelevant ratios. I have access to the annual reports of several companies spanning several years. I will be happy to hear from you guys soon.
Thanks.

I have always wanted ASUU to stick to their guns. This is a sacrifice Nigerian students have to make. ASUU has an important place in the history of Nigeria, right from the IBB years. I see the issue as being far beyond the struggle between Government and a Union. I, with my moderate academic standing, will not keep discussing the same sets of issues for over ten years without results. I wont expect ASUU to do so either.
I agree that every Nigerian (including ASUU) should be patriotic. In fact during hard times as this, with the economic recession biting hard, it will be expected that workers relax their demands for any government intervention that will involve huge capital outlays, as is applicable in many civilized societies. But the case in Nigeria is different. If this money is not spent on education, it will end up being looted , one way or another. So in the end, the only valid argument politicians have is that ASUU's demand means they will have less money to loot from. 
In civilized societies, with the election year so close, any Government that hopes to return to power will not toy around with the situation as it is being done in Nigeria. But that is Nigeria for you. It goes to show the reckless disregard the politicians have for the sensibilities of Nigerians.
I stand by ASUU any time. forget about those stories indicting lecturers in cases of sexual harassment. That's a story for another day. I refuse to be distracted. Besides, ASUU has disciplined a number of their members who were found guilty. In the Physics department of my great UNIBEN, a professor was defrocked and dismissed with out any entitlement.
Let's not forget that ASUU is arguably the biggest union of enlightened individuals in Nigeria and other less forceful unions may be waiting to take a cue from her, So it does matter how resilient ASUU  can stand against the waves of government mis-rule. If ASUU can not check Government's excesses, then no one can.

Someone on the thread asked NANS to check ASUU. That's very funny. Well, just so you know, most NANS excos are no longer students - many have never been students - and don't have a stake in the University system. Since 2005 there has always been a leadership tussle within NANS. The glorious NANS of yesteryears has been reduced to a group of ID card-carrying individuals who are only out to give awards to just any politician who is willing to pay.

Now we know where those guns intercepted at Kano airport were headed. They claim they want an Islamic Republic. These guys are gradually bringing home the situation in Sudan where the Muslim North and the Christian South have been at war for decades, only that in Nigeria the northern leaders will never let the South go because of the Oil. I'm waiting for the Northerners on this thread to start brandishing that their "we-can-survive-on-agriculture" crab.
Clearly the level of human capital development in the north is so low that it produces sub-human individuals who discount our National development indices. It will take another prophet's arrival to bring these people to the present day level of enlightenment.These guys are holding us back.

I know much abt the army, having gone to a military primary and secondary school. It is the most corrupt institution in Nigeria. This is always the story of 'other rank' soldiers. The officers think they qualify to take all their entitlement simply becos they went to NDA. There's too much embezzlement going on there. But nobody dares raise an eyebrow, maybe becos we're too grateful they handed over power in the first place. Besides their expenditure is 'classified'.
Most 'other rank' soldiers join the army becos of poverty. I feel for them.
During my youth service in NDA, I made up my mind that I will eventually set up a fund to support them. So help me God.

@Ibime
thank you for that link to Ken's speech at the tribunal. I am sorry about the persons killed by their own people. But it is impossible to incite a people to kill their own in Nigeria, especially without overwhelming cause. We still have politicians who sell off the progress of their constituencies under the guise of being "moderates".
Ken Saro-Wiwa was a true leader. He was a prophet. Read his defence and you'll see what I mean. I am not an Ogoni indigine but I am swept off my feet at such boldness, vision and sacrifice. True, Ken may have had weak points like bad eating manners but who cares? His message is what remains important to me.
A leader never truely dies. Let the people decide if the "forgotten four" were truely leaders.

I'll not contribute to the topic. Everything has been said already.

@Outstrip, just so you know, Fashola studied Law at the University of Benin. Great UNIBEN

whenever this question pops up, the first response the northerners make is to point to agriculture. Let's not forget that these so-called nothern leaders have acquired insatiable greed fed by the availability of excess oil money. Agriculture can't provide enough money to feed such greed. Even in the 'first-world' countries, mechanised Agriculture involves huge capital investments (technological and financial). Without Money from a high income-generating commodity like oil to provide the needed CRITICAL CAPITAL, the northern states will remain in what economists call LOW-LEVEL EQUILIBRIUM TRAP OF POVERTY.
Maybe I should not be contributing to this debate since the answer is so obvious. If they can survivie without oil money, I challenge them to develop their regions reasonably now that they have oil money. With that they will win me to their side.
Do Gov. Babangida Aliyu and his friends know the basics of farming?. Ironically, such comments are coming from elites who do not even have the rudiments of Agriculture

thanks tboy. you're in the UK. what will you say abt the economic situation there? Again I'll like a place with milder immigration rules and a more relaxed system. I am told that the UK is like Lagos, with all the hustling and am not really cut out for it. I may eventually settle where I school.

Hi Nairalanders, I'm contemplating an MSc Management from the university of Edinburgh, UK or an ACCA qualification with Tuition in a small college in Canada. I am 23 years with BSc Economics and Statistics (2-1), University of Benin. Just concluded my NYSC. Although I've been admitted to the MSc management degree at Edinburgh, I am worried about the current state of the UK economy. The MSc management is a one year programme but ACCA should take abt 3years. Ignoring the financial costs of the programmes, how will you advise, considering cost of living, employment prospects and immigration rules in these two countries. I am not forclosing the possibility of settling there eventually. I am open to Ideas, so bring it on.