₦airaland Forum

Sangoamadioha1:
That statement by Wike is very wrong. Is government money personal money. Government gets its money from Taxes and our Commonwealth.
Wike saying people don't know where the money for road constructions comes from smacks of arrogance because I know Nigeria's money is been used and not Wike or Tinubu's personal money.

Is what you are talking about what this thread is all about?

Macphenson:
I laugh in swahili. Pls go and do importation. My DAD did importation for 20 years and I know how it goes and what he went through. Even now I refused to do importation despite growin up with it. Una never sabi anything. Pls let folks from south west join abeg. Me wey sabi am dey fear.

That those you know failed in the importation business don't mean others will fail as well

gidgiddy:
Its kind of funny how those with a long history of fighting wars everywhere, taking over people's lands, creating empires such as Oyo empire, Bini empire and Sokoto empire, suddenly think that mere claim is the problem

No be juju be that?

When last did they fight war with themselves compared to those who locked themselves at home for 2 years under the order of some illiterate kids

Racoon:
Hehehe! They are now tired of Nyesom Wike garrulous and loquacious nature right ?

You have passed the stage of believing this kind of news. Honestly

WizardOfNG:
Yes but assured returns on their investment is critical to investors committing their money.

It then becomes about whether Nigeria has the market that can afford the tariff levels that will allow investors recoup their capital and returns on investment.

Nigerians will pay trust me. It's because we are used to free government services that's why some people don't pay their electricity bill.

If they get value for their money, it will be easy to pay

Then work on the insecurity. The northern students who are being forced to go to school before have given up due to the insecurity in the region

Godfullsam:
You guys complain too much about everything.

Why na.

Just don't allow your arch enemies from SW to start reasoning importation business oh .

Those guys will penetrate the industry with more zeal, innovation and determination and highjack it from you guys o.

Remember how they highjacked the movie industry o .

Hijacked movie Industry? Hahaha who started movie production in Nigeria starting from theatre stage play?

May be Sowore can have a bite from what he has been dishing to others

WizardOfNG:
It's a mixture of a few things. Cost is a big issues as power supply, across generation, transmission and distribution, is very expensive. Our Minister of Power estimates that 10 billion dollars is needed over ten years, equating 100 billion dollars, for Nigeria to gain constant power.

Private companies could bear a significant part of the cost ,working with Government in PPP arrangement i.e private public sector partnership.

Yet, virtually non would be attracted to most states of Nigeria because people of many States of our nation cannot pay enough, tariffs-wise, to allow these companies collect their capital over time plus considerable Return on Investment (ROI) that would make the venture worthwhile for them.

This is why I am always amused when ignorant Nigerians shout "we can have 24/7 electricity using all the money politicians are looting" and attack Adelabu who is doing a good job per issues he can control and have impact on.

Today, decades of under-investment in our near moribund power sector infrastructure now means it requires significant upgrade and modernising at huge costs.

In the SW, as I don't like to speak for other regions, Lagos will achieve 24/7 power supply in the near future. It's obvious from how the State is moving.

A clue is how Lagos has moved to rename Distribution companies in the State. I believe this allows them to set tariffs independent of what other States are doing.

The thinking would be that , per fully privatised power sector, setting of tariff now becomes a State thing no Nigerian can attack FG over.

If Lagos increase tariff, higher than anywhere else in Nigeria, to secure 24/7 power to the State, they will not tolerate protest as they will justifiably insist they have the authority to do so and anyone displeased can move to a cheaper State because Lagos cannot remain underdeveloped kowtowing to issues of "affordability" over critical sectors it needs PPP arrangements to make work optimally.

Possible, perhaps later, for Ogun State and Oyo also to gain significant improvement in power supply. The other three SW States will need to leverage on the capacity of Lagos, Ogun and Oyo in a regional array as DAWN commission proposes.

Foreign investors can do the magic without them sweating

Abeg we don't want anything Lai as INEC chairman

Professors have always been having that position. Why?

Franklyspeakin:
independent koooo

Should you cry profusely because of this?

WizardOfNG:
You're right. Just saw similar announced yesterday. An FG 100 billion Naira initiative to power public sector infrastructure, including schools, hospitals, and government buildings, with clean energy replacing diesel generators.

What the Government should consider later, when the economy improves enough, is a specialised agency that will partner with qualified companies to sell and fit solar system, to Nigerians with a 30 to 5O% discount.

This will really improve the use of solar power in homes and businesses considering sunny weather virtually all year round is a blessing Nigeria enjoys

The UK, with long periods of inadequate sunshine , especially in the winter and autumn months, still gives Briton a grant on solar system they purchase to encourage a move towards cleaner and more sustainable energy.

https://punchng.com/fg-to-tackle-energy-cost-in-public-institutions-with-n100bn-solar-initiative/

The state governors are yet to take power generation seriously. They now have the power to generate their own electricity but they are still jonzing

Zhtq:
Whoever buys a land is the owner. Criminals won't buy but steal lands bought by people and bulldoze it just to steal it from them.

You buy a plot of land, does than mean the remaining hectares belong to you?

Please make it sensible to me

izombie:
I don't know about the one in ghana but did the igbo person buy the land?

So because they buy a piece of land, then the whole land belong to them? Are they the first non indigenes to buy land in other places?

Na people like you dey give the Igbo's bad name

May be some Igbo's, not all Igbo's have such mentality

WizardOfNG:
Yes OO. Signed into law yesterday. This is what some of us supporters of Tinubu say about his Government.

So much going on that is good but not publicised. I was not aware this bill was sponsored let alone as advanced as needing executive assent which Mr.President has now provided.

I read about another initiative about food security with solar power for the farmers. That's yet to make it properly to news.

So many projects, development, reforms and policies under this government which are already shaping things.

We are finished people will be finished with stuffs like this

Work on the anti spam bot banning people unnecessarily

All these government new initiative projects, the beneficiaries, which story would the opposition tell to convince them in 2027 bayi?

Another good news for today. We are not going to get tired of them

kayperry:
Promising on what you thinkbeconomic development is by doling out forged statistics

By 2026 Tinubu's draconian taxs will further shoot down productivity and trigger inflation becos the market is volatile , so where does investment come in and without investment on what is the economic you envision going to boom

Have you seen his policies does it foster SMEs and productivity, naa propaganda boom you dey expect

Don't cry about development news.

VDM should continue to expose those secrets which they have been using to the inflate price of things.

Win win for Nigeria consumers

Rindo69:
Wike is absolutely correct about the street naming ; the issue is that he isnt the one to be talking about questionable sources of money paid for the naming.

Mr Wike, you have been a public servant for most of your career, how can you afford 3 houses in the US, and allegedly the poshest hotel in PH and chain of superstores. Thats questionable isn't it??

Hope you will be able to prove this at the court of law

Criksus:
What's the essence of this when the common man cannot afford it?

It wasn't built for the common man. No be everything una go dey nag about

bolaayenimo:
And you are not doing well either as a Januslike h*pocrite who sees what is bad and call it good

Don't just make allegations, give reference, example of bad things which I have called good

I am sure you will confirm all what this thread is all about

DrAkpa:
I guess this one is buying bag of rice somewhere cheaper than the rest of Nigerians

This thread is not about food Mr FFO

According to the Obidients, being in opposition mean everything should be opposed, all government glaring projects, policies and reforms must be undermine. The people they are opposing can never make sense or do anything right

The supporters of the government should never express their opinion.

They the Obidients, whatever they support can never be wrong, infact, they are perfectionist who don't make mistakes.

Only in Nigeria I have seen this kind of opposition before. The fixated opposition that are waiting to be vindicated with bad news

MrTuthakhamun:
Power is Transient, Plenty people have done more than you Nyesome, they’re under the ground now

Honestly, some of you have bastardized the word opposition.

Could you point out to what precisely is wrong with Wike's statement?

Lagos state is currently on another level. So many development going across the state

Another fake News. Most sectors are independent under this government

That should be something logical. You can't just give a street name without the municipal approval

Wondering why the people above me are ranting about this. That's what too much of hatred can cause

Kanu's incarceration, big lessons to others