Paraman: The debts were not collected by Tinubu administration
It is now Tinubu administration not the PDP or the APC. Is it Tinubu's administration that created the sources of revenue he is benefiting from? You are of a kind, you accepted asset but rejected liability. Nigeria cannot move forward with this kind of mentality.
chaddy16: Very simple to solve sir. Mandate all social platforms to make compulsory inclusion of NIN in every users profile including here on nairaland so that once you post rubbish, you can easily be traced. Anyone foreigner that post rubbish about our country can be prosecuted by the ICC. SHIKENA
Very unethical and against the spirit of morality.
darediamond: Yes they are, altogether via the MPPT Controllers into a 48V 150Ah LifePo4 E.Power Condenser with a Lifespan of at least 15years when being used to power load directly. But with more than 25years when Pulsed Discharged first into a Super-Capacitor Bank Of High Farad at 48V before being discharged into the Inverter.
darediamond: Wetin concern me and My 4 KILOWATTS Solar Panels, MPPT Controllers, AIR DC C.BREAKERS, 48V Lithium Phosphate Battery Set and 6KW BY 6KW Pure Sine Wave 48V Inverter with Private Families Group Generated Electricity When The Daily Sunshine Is Free For Usage??
1. Can your solar panel actually deliver 4KW at full load? 2. What is the power factor and efficiency of your solar panel? 3. What is the lifespan of the batteries used?
House 1 Power load = 2000W Average of 20hrs/day gives 600 hours in a 30 day calendar month. Power consumption = 2kW * 600h = 1200kWh Cost of power consumed = ₦225 * 1200 = ₦270,000
House 2 Power load = 2000W Power is generated using a 2.5 kVA petrol generator. Running wattage is 2000W. Fuel efficiency = 1.1litres/hour (15 litres in 14 hours at 50% load - generator will consume more if we increase the load but let us stick with this for the purpose of this comparison) For House 2 to generate 600hrs in a month requires 660L of PMS. At ₦560/litre, House 2 will spend a sum of ₦369,600 in an attempt to replicate power supply from DISCOs. Maintenance cost has not been factored in these calculations.
A lot of small scale businesses spend up to ₦178,000 monthly running petrol generators.
Power is not cheap!
What percentage of the users' income does this amount to? Can you then juxtapose this percentage to what is obtainable in other countries that pay as much as that? From whatever result you have, is the new price template affordable and sustainable?
A person that earns over N2M in a month and pays N200K (America Case) for electricity is far better than the person that earns N50K and pays N130K ( Nigeria Case). As a matter of fact, the latter would need to borrow to be able to make payment.
Electricity supply that is not affordable is not cheap.
House 1 Power load = 2000W Average of 20hrs/day gives 600 hours in a 30 day calendar month. Power consumption = 2kW * 600h = 1200kWh Cost of power consumed = ₦225 * 1200 = ₦270,000 What percentage of the users' income does this amount to? Can you then juxtapose this percentage to what is obtainable in other countries that pay as huge as that? From whatever result you have, is the new price template affordable and sustainable? Electricity supply that is not affordable is not cheap.
House 2 Power load = 2000W Power is generated using a 2.5 kVA petrol generator. Running wattage is 2000W. Fuel efficiency = 1.1litres/hour (15 litres in 14 hours at 50% load - generator will consume more if we increase the load but let us stick with this for the purpose of this comparison) For House 2 to generate 600hrs in a month requires 660L of PMS. At ₦560/litre, House 2 will spend a sum of ₦369,600 in an attempt to replicate power supply from DISCOs. Maintenance cost has not been factored in these calculations.
A lot of small scale businesses spend up to ₦178,000 monthly running petrol generators.
StOla: It took me less than 1minute to read this news posted, and the news does not in any way even allege that anything criminal has occurred.
Infact, it implied that Ningi has raised a false alarm over a non existent parallel budget that only exist in the imagination of Ningi.
Onigbinde also clearly states that non-granularity of budget allocations is not a today case.
Onigbinde concluded that such non-granularity poses a transparency issue that could be better addressed, and if looking from that angle and considering that the MDAs budget component of the total N28T is N25T while the Government Enterprises Budget component is about N2T, that could together account for the N3.7T that Ningi has been shouting about.
Simple put, Ningi's outcry is due to poor understanding and ignorance.
A whole storm in a tea cup due to poor comprehension, while still not ruling out dementia and political mischief.
How on earth can you claim that an issue that boarders on transparency is not important? This is ridiculous to say the least.
thesicilian: Yet his illiterate followers are praising him for it. I've said it over and over again, Obi is not a leader . He's just an opportunist who wanted to take advantage of the anger of the people towards APC.
And you and your literate government of a heroin bagman have caused untold hardship to Nigerians.
drlaykay: Have I said the truth or not? Does it matter if I said it while Jonathan was president? Why Jonathan amongst others?
See, some of us are beyond ethnic bias because it adds nothing to you. The governors from your individual states are co indigenes as you, belonging to same tribe and religion most likely. Have they made you happy?
If I had the knowledge I have now concerning governance, I will definitely mention it in Jonathan's time. Was it not the same Nigerians that sabotaged Jonathan's government?
The likes of Dansuki, the evil Diezani, the sickness governors who asked him to remove subsidy in secrete and went behind to oppose him in public. The governors who pestered him to share the funds from the excess crude account, the likes of Tinubu and other private citizens who knew subsidy removal was right but played politics with it.
Are they not all the wicked Nigerians I'm talking about. And people like you on civil service who manipulate figures. Nna never learn, continue in the tribal path and see what is left of you and your country.
It is good you have learnt something. I equally hope this knowledge will not change when another person, who is not affiliated to you, mounts the leadership of this country.
drlaykay: The problem of the black man is selfishness. Nigerians think of themselves first and care less about the collective state of the nation.
The president is the least problem of Nigeria. Nigerians are bad and wicked.
A lot of shady dealings by private sectors, high placed individuals and even ordinary people without name.
A reasearch revealed that Nigerian paracetamol is only about 200mg instead of 500mg. The rest is chalk. Nigerians pay China and others to produce substandard goods including drugs for their fellow Nigerians. Oyinbos are wicked but will never do things at the detriment of their country or people.
Part of the demonic attitude of Nigerians is being happy and praying for the country to fail because your preferred candidate isn't in power. You deserve what you get for being wicked people.
But you never said this when Jonathan was your president.
lexy2014: and yet the inflation didnt take place during his 8years despite all the printing. the inflation had to wait for Tinubu to enter first before it ran out of control because buhari printed money for 8years
Nvestor02: I don't expect anything better from the enemy of this country that want Tinubu to be borrowing money like previous government And pass the suffering to the next generation.
Tinubu is on the right track... The mumu only love to see failure, they will hate you when you analyze success for them.
Tinubu is going run his govts through internally generated revenue and pass prosperity to the next generation.
Tinubu should please increase the minimum wage and make everybody wake up to the new reality.
Double your hustle to survive, Cost of living in Nigeria is the lowest in West and southern Africa.
Walk around the African continent, check the price of foods there and compare it with how much you buy am for Nigeria, then you will realize that you guys had been lucky since all this while.
Werey people will claimed that shebi Nigeria have Natural resources, we should be feeding fat na.
But won't know that Human resources is far better than Natural resources. Most people are liability to this government.
I pray Tinubu declared more war against Insecurity too .. make citizens survive the cost of living themselves.
How is the previous government different from Tinubu who has on several occasions boasted of enthroning the government?
A serious country would take advantage of its diversity because of the broader problem solving perspective that comes with a diverse team. Does it mean other ethnic groups in Nigeria cannot occupy any of these sensitive positions?
aribisala0: Ministers to declare a state of emergency? With what power under which law? You clearly do not understand the problem and cannot contribute to the solution
Certainly, you are really part of the problem of Nigeria. Keep making excuses for incompetence.
aribisala0: Expectation must be informed and educated Unrealistic,illiterate or stupid expectations are for illiterate and jobless trolls The expectation of the Minister of Power must be based on his mandate What mandate does the Ministry of Power have in our law of 2024 Is it to generate power or to transmit it ?A ministry with less than 30 workers in every state? What is its budget? Clearly you have no clue what you are talking about
You cannot expect mangoes from an orange tree
So inform your self properly before making noise
If really what you have alleged about the ministry is true, the right thing for the minister to do is to declare a state of emergency that would revitalise his ministry to meet the need of the power sector. If he is just appointed to do nothing about the challenges confronting that sector, the honourable thing to do is to resign. Power is not rocket science according to Fashola.
seunjungle1: We fight diplomatically, that's why we are pride of this nation... even our agbero level is a diplomatic approach. One thing you failed to realise about us is that we don't make mouth.
Yes, Tinubu is likely not the solution to Nigeria's myriad of challenges. You are not the solution either. Nigeria needs strong institutions. An altruistic leader is what Nigeria needs to champion the strong institutions and their implementation. Unfortunately, most Nigeria leaders lack this prerequisite.
Prediction and God cannot be ìn the same sentence. Meanwhile, enjoy the guesses of men while they last. God is a Spirit and has nothing to do with hypothesis by African "pastors".
Bragalane: Fellow Nigerians this is the hypocrisy of igbos I talked about severally, the same kickback Ganduje took Peter Pandora. Obi took times 10 of the same kick back but Igbos want Ganduje probe but do not want Peter Obi probed. This with prove that Peter Obi confessed with his own mouth collecting the kickback.
You are even worse than I thought. Imagine you calling me Igbo because my opinion did not sit well with your own. I am a full blooded bini man. If I may ask, what is your problem with the Igbos?
Politics › Re: Debt Service Gulps 70% Of Dollar Outflow In Q1 by Great2017: 7:28am On May 11, 2024
