₦airaland Forum

The heat is on .

But criticise with your brain.

I hope everyone understand

dustmalik:
They should go and sit down joor. Some parts of Nigeria still don't have electricity and these people are asking for more? Now that we are enjoying near constant electricity, these people want to put sand sand in our garri.

What Nigeria ought to do is just simple.

Just put an hold to for that now.

Nigeria need satisfy her citizens first ir abi na lie l de yarn

I don't think it is the time for Nigeria to yield to their request.

The governments of Benin and Togo on Monday called for an increase in the amount of electricity, which their countries receive from Nigeria.



They specifically requested the Nigerian electricity supply industry to increase the amount of power sent to them from 200 megawatts to 300MW.

Speaking through the Community Electric du Benin, the countries urged the Nigerian Electricity Regulatory Commission to intervene in the matter, but NERC made it clear to them that they would pay stipulated commercial rates for the power from Nigeria.

The CEB, known in English as the Electricity Community of Benin, is an international organisation co-owned by the governments of Benin and Togo. It is in charge of developing electricity infrastructure in both countries, which are strongly dependent on energy imports from Ghana and Nigeria.

NERC said in a statement that it told the four-man delegation from the CEB that the governments of Benin and Togo should be ready to pay commercial rates for electricity supplied to them by Nigeria.

Speaking with the CEB team, the Transmission Service Provider and Independent System Operator for the Republics of Togo and Benin, the NERC Chairman, Dr. Sam Amadi, was quoted as saying, “The ongoing reform in the Nigeria electricity industry will not jeopardise international relations and strategic interests of Nigeria.”

The delegation, the statement said, was in Nigeria to find out the implication of the privatisation of the remaining government-owned power plants under the National Integrated Power Project and how it would affect the allocation of 200MW of electricity, which the two nations were receiving from Nigeria.

NERC stated in the statement, “They also made a case for an increase in allocation from 200MW to 300MW. Nigeria currently supplies 300MW to Togo, Benin and Niger Republic, out of which the CEB countries get 200MW of power supply with the balance of 100MW given to Niger Republic.”

“You need to sign a power purchase agreement with the Nigeria Electricity Bulk Trader Plc and be up to date in your payment for electricity received as the market will be entirely private-sector-driven by the time the NIPP plants are sold,” Amadi was quoted as telling the delegation.

He explained that such financial commitment and responsibility might be an issue when considering their request for additional capacity.

The CEB team was told that the request would be deliberated at the October edition of the industry stakeholders’ meeting and that decisions reached would be communicated to them.

Source:http://www.nairausd.com/2015/09/benin-togo-beg-nigeria-for-more.html?m=1


Twitter@nairausd

Exchange Rate Of Dollar To Naira,30th Wednesday September 2015


http://www.nairausd.com/2015/09/exchange-rate-of-dollar-to-naira30th.html?m=1

Exchange For Euro To Naira,30th Wednesday September 2015


http://www.nairausd.com/2015/09/exchange-for-euro-to-naira30th.html?m=1

Exchange Rate for B Pound-Naira, 30th Wednesday September 2015


http://www.nairausd.com/2015/09/exchange-rate-for-b-pound-naira-30th.html?m=1

Idyllic:
. Though I stand to be corrected, I don't think Ekweremadu is up to anything. I think he can not vote because the vote is about a "vote of confidence on the PRINCIPAL OFFICERS of the Senate" not a vote of confidence on Saraki alone. And Since Ekweremadu and Ali Ndume are part of the principal officers, I don't think they can participate in the vote. I think that is why Ali Ndume and Ekweremadu are among those that did not vote.

Thanks for the information

Will femi stop this his childish act.

Making sense some how to ease our wahala small.

Kai Nigerians una toooooo much jor

Are we sure Ekweremmadu is not up to something.

Abeg is there any clueless sheriff in town

Abeg is there any clueless oga in town

cocoduck:
It is not corruption but Neo colonialism, i.e. Nigeria a neo colonial state of Britain, that is my personal grouse with Buhari, Hausa fulani and Yoruba in general, their allegiance lies with the Europeans, Despite all the mistakes and downfall of GEJ , I liked him because he was little by little moving Nigeria away from the bondage of the Brits. Look at Okoroawusa who peddled lies that he has built or upgraded IMSU to world standards but his son graduated from university of Manchester, and nobody from Imo state said anything, those who dared to protest were quickly labeled losers and haters, just look at the student bodies and associations, exact copy of the systems of Nigeria.

True yarn

gnykelly:
$1 of 1990 is different from that of today

Explain

This is great.

ArodewilliamsT:
Berom people must continue to die until they go to God and atone for the sin their son commited. No amount of gowon's 'nigeria prays' hulaballo will save them from standing face to face with their own extinction. The fulanis are a neccesary evil in Beromland. The Biafrans will continue to be world renown people but who hears the Berom? They will continue to shout in the wilderness, tbeir son has blood on his hand and karma will make them pay in full.

Will Beromsu survive the next 300years of fulani cleansing? I don't think so.

Easy bro, you wouldn't blame them because of what one of their son did.

We will all move forward

You know. ......

Despite this weare stronger than ever.

Kerma is truly a biatch

Saraki is really fighting a tough war.

Well what can I say order than well deserve.

Story for the gods

Benedict44:
blame it on corruption....many of the so called african leaders have turned their country to their private business...

True talk. Also blame on

Exchange Rate for B Pound-Naira, 28th Monday September 2015.

http://www.nairausd.com/?m=1

Exchange Rate for Euro-Naira, 28th Monday September 2015

http://www.nairausd.com/?m=1

Exchange Rate for Euro-Naira, 28th Monday September 2015

http://www.nairausd.com/?m=1

Exchange Rate for Dollar-Naira, 28th Monday September 2015


http://www.nairausd.com/?m=1

Fp for everyone to see how our continent is behind

Unsad:
Even $1 a day is hard, now moving it higher? They don't like us!

Who are we to blame.

The world is progressing

The World Bank is to make the most dramatic change to its global poverty line for 25 years — raising its measure by a half to about $1.90 per day — in a move likely to swell the statistical ranks of the world’s poor by tens of millions.



The move from $1.25 would be the biggest revision since the World Bank introduced its $1 a day yardstick of global poverty in 1990.

World leaders meet on Friday at the UN headquarters to commit to 17 new “sustainable development goals” meant to guide development policy for the next 15 years.

The first and most prominent is the eradication by 2030 of “extreme poverty everywhere” as defined by the World Bank’s $1.25 a day line.

The bank is expected to follow the event by shifting its poverty line to about $1.90 ahead of its annual meetings in Lima, Peru, in early October — a move likely to result in significant shifts in the estimated size and distribution of the planet’s poor.

It is difficult to predict exactly how many more people will be defined as poor. However, when researchers at the bank tested a notional poverty line of $1.92 earlier this year, it led to a surge of 148m.

Most of the difference came in east Asia where the ranks of those falling below the poverty line almost doubled from 157m at the old $1.25/day measure to 293m. In Latin America, the result was an increase of 8m, or more than 25 per cent, in the number of poor to 37m, while in south Asia the ranks of the poor grew by 7m to 407m. Under that line, sub-Saharan Africa remained steady at some 416m.

In an interview with the Financial Times, Jim Yong Kim, the World Bank president, said the decision to adjust the poverty line was a necessary update due to new data on purchasing power. The new line, he said, had been “very well vetted” by the bank’s poverty experts.

“We don’t think we moved the goalposts,” he said. “We think we simply updated the goalposts to 2015.”

The move follows more than a year of discussions within the bank following the release of new purchasing power parity (PPP) estimates, meant to facilitate a better comparison of the relative buying power of consumers around the world and the size of economies.

The shift is likely to renew a debate over the robustness of the World Bank’s poverty line. Earlier this year, it assigned a new commission, led by the British economist Sir Anthony Atkinson, to examine ways to measure poverty and how to update the existing poverty line.

Among its members is Angus Deaton, the Princeton economist and persistent critic of a poverty line that he argues has been misleading for years. “You’ve got a line that no one knows where to put it, PPPs that change, and underlying data that is bad,” he said. “It is sort of a statistical problem from hell.”

The World Bank’s administering of the poverty line also carried a hint of conflict of interest, he said, as the bank’s main task was fighting poverty, and its very existence depended on its own poverty measures.

Source:http://www.nairausd.com/2015/09/africas-poor-to-remain-unchanged-as.html?m=1

Twitter@nairausd

lomprico:
I disagree with her, all those privileges women enjoy now is as a result of the biased treatment the faced for centuries. Its like a compensation for what has been pelted on womanhood in d past.
For eg women were not allowed to have jobs before their place was subjected to the kitchen n home keeping so if a job takes women with lesser qualification to men, I think its fair because if they want to use same qualification, d women wont stand a chance.

You are totally wrong.

But did you know that women folks have take advantage of the fact that they are better of men in some areas but they insist that equality is for all

Excuse everywhere

Mogidi:
One president respects women the other hates women.

You know the truth but choose to cover up the nonsense.

Anyway

Nigerians are you surprised. From his behaviour you all shouldn't be surprised