₦airaland Forum

MarketDispatch:
Sell-downs should not be a first priority without cleansing the industry.
Raise 17.4 bn to do what? If 17.4 bn is raised without purpose or plan, it will all be stolen again through another means.

Sell down to what degree?
When you sell down, you reduce your investments hence your returns to the nation's coffers. This will majorly be to the advantage of foreign investments as our stocks are bound to come dirt cheap with the current naira devaluation.
Mind you with cartels like OPEC using production quotas to shore up or manage oil prices, you may never get an allocation that allows you to really pump the 4 million barrels/ day out there.

There may be some advantages through funds available for infrastructure development, and investment in the non-oil sector which could raise the standard of living in the Long run. But like you already know, This is Nigeria.

[quote author=tamdun post=120924278][/quote]What if the problem he is trying to solve is the currency outside the system but within reach of certain elements.

Granted, we don't do well at proper planning and implementation.

Kikuyu1, May your soul find rest beyond the veil.

kabe1:
We are getting CASA C-295 that is from Spain.

Any idea about the variant? ISR with Air/Ground weapons or are we just doing medium lift?

DubaiLandLord2:
I wander why this keeps on happening in the Nigerian Armed Forces

I saw this elsewhere


The tradition in the military is that once the junior is made the Service chief, the senior will automatically bow out.

The COAS Is a 37RC, invariably All the 36RC will retire, this was the case when Lt Gen Faruk YAHYA took over, all the 36RC were preparing to leave, but CDS intervened by approved a course for all of them.

Perhaps, they are through with their programs and as such they will have to go.

Though I have their list.

It appears this was in the works?
Cobra dem. same old deal?

https://punchng.com/us-lawmakers-stop-875m-defence-equipment-sale-to-nigeria/

Odunayaw:
@Whyem15

Good read. In the stop gap, Nigeria can utilize the partnership with SSTL. I remember a Synthetic Aperture Radar (SAR) satellite being pushed a few years back but the economy must have slowed the effort.

NigSat-X was made by Nigerian Engineers and that's over a decade past. Technology has advanced and I'm certain they can do better. How about we do a sizable number of microsats in orbit at Near Earth

The previous satellite already served their purpose. The program just needs some repurposing to help with immediate challenges
I agree, LEO satellite in constellation could help a great deal.

ecomog1990:
Nigerian Army no longer owns Ezugwu MRAP and all the other armoured vehicles it produced under NAVMC army vehicle company.

Army is now fully out of Ezugwu business, it's NA established NAVMC has been officially dissolved and legally ceased to be a corporate entity by end of 2019. A new company Eagle Engineering Nigeria Limited with civilian status was formed to take over from NAVMC that had military status before its legal dissolution.

FGN thru The Presidency took over Ezugwu to ensure it's survival, The Presidency is afraid that if left to Army hands, the Ezugwu will end up dead like the Igirigi APC wasted by the Army around 2016.

Eagle Engineering ceded Ezugwu MRAP, NAC-V, IPV I & II, etc over to DICON ownership also before end of 2019 and all these armoured vehicles became legally a Federal Government of Nigeria owned project and asset to be managed by DICON for the MoD under FGN control.

Since President Buhari campaigned with promise of creating a new medium capacity military industrial complex and it has not started any project for it, after Buhari's inauguration of the Ezugwu, he decided to adopt it as FGN project off taker for his military industrial complex, he is funding it via budget and grants via DICON.

This take over action of FGN will guarantee long term survival of Ezugwu MRAP and further advanced variant development as a DICON product for local market now, and export market future.

Answer to those asking the better MRAP, notice Ezugwu is bigger in size profile, an obvious advantage over ARA II. Comparison =

Ezugwu resists 12.7mm ammo (Ball at least, if not AP) VS ARA II resists 7.62mm AP ammo

Ezugwu is armed double weapon station for 2 HMG VS ARA II armed 1 HMG

Ezugwu has short range night vision 360° PTZ Thermal Imager VS ARA II has no night vision

Ezugwu mine resistance is 12 kg VS ARA II is 10 kg TNT

Ezugwu costs $200 k VS ARA II is over $270 k

This 2020 year Proforce ARA II sales to Chad is due to cancellation of Denel contract to sell 40 Casspir MRAP at $400 k each, Denel delayed delivery, Chad is in a hurry due to Boko Haram and ISWAP landmine-IED threats, Chad changed to faster supplier.

Ezugwu beats ARA II all round. Funding from FGN dollars will also advance Ezugwu even more as new variants are developed, while ARA II will suffer low funding as a one man business dependent on BOI bank loans to operate factory. One man business disease also cost ARA II a big foreign partner as the MD-CEO did not want to share ownership with a foreign partner that proposed hi-tech for ARA III variant that will beat the Ezugwu, Proforce shunned them off.

Nigeria cannot put national security needs in the hands of a private one man business alone, FGN military industrial complex must grow under DICON, AFIT, NN DOCKYARD all in healthy competition with our private local industries like Proforce LTD, Obasa LTD, etc for procurement sale contracts to supply NA, NN, NAF, NPF.

Its a win win win for everybody.



+

Nothing wrong wit a one man business Bro. As long as its efficient, delivers and has its eyes set on a growth path. That Proforce was considered a faster supplier also speaks for the enterprise. Same DICON was almost run aground despite proximity to the government.

Xbee007:
The bolded statement is false.

Maybe relating to this from Oct 2019....Order was thought to be Niger but later confirmed to be for Nigeria... You can see the correction notification at end of the page..

https://www.defenceweb.co.za/aerospace/military-helicopters/niger-orders-a-dozen-mi-35-helicopters-from-russia/

SuperSixSeven:
Interesting developments ahead -but why are our politicians silent?

--> https://guardian.ng/news/nigeria-may-lose-24-councils-to-new-un-state/

Foreign Affairs Ministry and UN Office in Nigeria denies knowledge of Uno State of Cameroon

The Nigerian Ministry of Foreign Affairs and the United Nations Office in Nigeria have denied knowledge of the carving out of a country from Nigeria and Cameroon.

The new country whose name is Uno State of Cameroon was billed for proclamation by the United Nations on July 10, 2020.

In the map of the new country, Nigeria will lose 24 local councils which were said to be captured in the green tree agreement, signed by former President Olusegun Obasanjo for Nigeria and Paul Biya for Cameroun in 2006.

Though some online media referenced the agreement, which gave July 10, 2020, as date for implementation, a source in the united nations has described it as false, saying he does not create countries.


https://ait.live/foreign-affairs-ministry-and-un-office-in-nigeria-denies-knowledge-of-uno-state-of-cameroon/amp/?__twitter_impression=true

seankafor:
lol.. whoever sent those guys on that suicide mission sure has a personal beef with them

May just be probing...

kabe1:
..

Looks like WAS dry dock. They’ve been doing this for years...even wayback 2010 I think...

Hello, Very much interested.
Please whatsapp: 07030553570.

obidark:
i mean look at the guns....
nigeria is commonly known for ak47s....

but this guns look like those massive guns that dss operatives operate,just smaller....

We need greater emphasis on systems Bro. Not even begun.

obidark:
i tell you,it will be hard for any nation on earth to defeat nigerian army of today....
dem sabi swag and wayo no be small....

Really....

kabe1:
So a fire burnt out a bulletproof glass?

You need to be realistic.

That's clearly a ballistic damage of some kind.

No structural damage to the roof nor the vehicle itself. Except the glass, seats and dashboard.
Looks life whatever happened started from inside - out.
Could be the NA making sure an immobilized vehicle doesn't fall in wrong hands.

Sizzorkay:
Why are some buried in body bags? What's going on there? That seems odd
And what's with leaving their bodies on the ground? Is that an Islamic thing? Doesn't seem fitting in my opinion, the arrangements could have been done way better, and to have their loved ones stand in btw their remains? The fvk, the way we do things, they deserve much more honor than what i saw in those pics.
Anyways, RIP

Probably an islamic thing should be better arranged though....

tdayof:
Toyota hilux being used in the north east are armored. An AFSF once wrote a post on how it saved them during an intense battle with bokoharam where he claimed they (BHT) used human shield.

You mean the tint hole?

Thanks. No not tint hole
I meant the hole in the windshield on the passenger side. Seems for a gun though not sure.

tdayof:
When it comes to design, Proforce has it.

Great design yes.
Just some questions if you have more details about the vehicle.
Are all doors and windows armored or it's engine protection and the rear casement protected?

Isnt it possible to have the back seat windows with similar holes you have at the passenger front seat? Or you think its not necessary?

tdayof:
The zuma launch is an American project. I used to think it belongs to SA due to the code name.

You were not alone Sir.

Some information on Zuma launch:

http://www.intelligent-aerospace.com/articles/2018/01/zuma-spy-satellite-presumed-lost-following-flawed-separation-from-falcon-9-rocket.html?cmpid=enl_ias_intelligent_aerospace_2018-01-09&pwhid=8794119de8fe4da0e9677b3e0908a41d507fbccfe075e793cb6d037f35de3c6f8faf7633ec43923109dcc1a0bd2953b8c17b88385081cd3880f3508cdf2a9e06&eid=287673090&bid=1968559

Desyner:
Exploration of oil is the devil. We explore oil sell and spend without investing, and because we use easy oil money to pay salaries without laying emphasis on productivity nobody asks questions when the things that are suppose to aid true productivity go wrong. Things like good road, power, education, research, justice. Oil is the devil. We don't need more of it. Without oil price slump do you think we would have increases our rice production the way we did? Now imagine us doing same for flour, sugar, cassava etc.

I would agree we still need to explore more. Oil exploration is doesn't stop us from investing in other areas. More of oil shouldn't stop us from being productive only our lazy mentality does. As well the government coffers shouldn't be the only source for investment in all sectors of the economy.

ssaengine:
The sexiest "V" I've ever seen....

I recall something about spare tyre placement being wrong in an earlier post by someone....
Is that really the case compared to this.

Henry240:
You don't need to respond to their silliness. I don't bother.

Seriously Sir. Its time to look forward. New territories, BIGGER challenges.
How about How the ARA is faring on its tests?

highchief3:
When are we ever going to learn in this country? What's is the red carpet there for?

Visiting a disaster area is now a ceremony that red carpets will be pulled out?

Our leaders should learn some form of humility haba!

No body should defend osibanjo here because the dude is enjoying all the paparazzi.

You take a picture of the mans arrival and compare to another while at the scene.
Common...theres so much to improve on with our politicians and our country but not with wrong comparison.

Please post a picture of Trumps arrival at the airport....

frumentius:
18 months late, the South African taxpayer's generosity is reciprocated as this morning, I submitted my Master's thesis.

And who doesn't love graphs?

Congratulations:

Shaytun:
I believe lebanon got 6 super tucano for 463million dollars.


http://www.dsca.mil/major-arms-sales/lebanon-29-super-tucano-aircraft


https://www.flightglobal.com/news/articles/us-approves-possible-462m-a-29-super-tucano-sale-to-413350/

Deal componentsLets not be guilty of same thing)
The Government of Lebanon has requested a possible sale of six (6) A-29 Super Tucano aircraft, eight ( PT6A-68A Turboprop engines (6 installed and 2 spares), eight ( ALE-47 Countermeasure Dispensing Systems, two thousand (2000) Advanced Precision Kill Weapon Systems, eight ( AN/AAR-60(V)2 Missile Launch Detection Systems, non-SAASM Embedded Global Positioning System/Initial Navigation System (EGIs), spare and repair parts, flight testing, maintenance support, support equipment, publications and technical documentation, ferry support, personnel training and training equipment, U.S. Government and contractor engineering and logistics support services, and other related elements of logistics support. The estimated cost is $462 million.

Sizzorkay:
Officials: Trump greenlights attack planes for Nigeria

https://www.washingtonpost.com/politics/officials-trump-greenlights-attack-planes-for-nigeria/2017/08/03/a78cc58a-7879-11e7-8c17-533c52b2f014_story.html?utm_term=.b3f9918f3da6

Great News...
Hopefully there's much more to the deal though considering the cost. That is relative to the afghans purchase.

http://www.military.com/daily-news/2016/04/15/a29-super-tucanos-see-first-action-afghanistan.html

Iblawi1:
Nigerian Navy already had plan to buy frigates and subs before now.


Nigeria might be in recession but won't stop us from funding our military requirement. I believe the numbers would be reduced sha.

Anybody remember this on the beegeagles blog:
https://beegeagle./2012/02/16/recap-nigerian-navy-personnel-in-pakistan-for-submarine-training/

It isn't exactly new..NN has been at it for a while. Thing is it would be great for it to come to reality.

LTGEN:
It was I who said Nigeria should acquire Submarines.
It is not a dick measuring contest, it does not have anything to do with South Africa having three God bless them.
It has everything to do with Nigeria's classified security needs.
As far back as 2010- the NN has seriously contemplated this as a need not a want, the then first lady Patience Jonathan was presented with a Miniature Submarine by the Chinese Government on her visit there.
Even @$300m a pop which is no chump change, Nigeria and the Chinese Government should put their financial heads together to work out some Financial arrangements to come up with a minimum of 2, ($600m), this is less than 10% both Countries are going to collectively spend on ONE of the Railway lines@$8.5B.

God bless you too.
Heres my point:
if NN wants to buy 3 submarines at a go that will be Nigeria's business. I don't get why someone is bordered about the funds in a recession period, Bothered about Nigeria being thankful for what she has received.
I wouldn't take panadol for another mans headache.

And then the conversation between Henry and jln115 - shows a lot of comparison between SA and Nigeria for items to be acquired.
If SA decides to increase the quantity from 3 to 5 in a recession why would it be anybody's business?

I learn a lot from this thread : please if you guys can get rid of the contests.
Thanks very much. No insult to anyone just an observation.

ActivateKruger:
Henry's obsession with submarines is for "look at us, we have a submarine too".

Everything you acquire in the short-term has to be serviced and maintained in the long-term. As soon as BH is history, policy makers will look the other way and the military funds will dry out. Then whatever equipment bought during the war will become a burden with potential of accumulating rust.

When you buy, you buy wisely and buy what you need for medium and long-term.

This is not necessary...Henry clearly says he prefers the funds for submarine goes for other assets'

His Comments:

We keep buying more and more OPVs, this obsession won't stop. We already have 5, why get any more?

I'll probably hold on, on the Submarines, invest in other areas first. At the minimum we should have 1 Frigate, 2 Corvettes and 4 missile boats.


I don't get the dick measuring contest here.

Bekenma12:
We have all kind of nipple drinker and cages

Just a question? How much do your cages cost? I can see the sizes and number of birds but cost?