Ifyan's Posts
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Guys take a look at my blog and rate it. I am not perfect, any n8ce advice or suggestions to improve upon is welcome |
eDoctorr:I may be novice in the field of programming but the word hacking isn't it illegal. Please lay man explanation of the word hacking. Thanks |
A word for the wise"do not bite the finger that fed you". Though I still blame the party partially |
hector:I am also in his shoe |
May God continue to bless our hustle. But my problem is that I haven't made any kobo in blogging since when l started some months back within the year. Please if l make ask how did you guys made it. |
What a loss |
Lpve this |
abduljabbar4:Don't blame anyone. But APC for. .... |
This is a welcome development |
By Roseline Okere The country has been recording daily average power generation of 4,196.11 megawatt/hour since last week, while energy sent out was put at 4,112.06 megawatts/hour (MWH) during the same period under review, according to the generation report by the Presidential Taskforce on Power. The agency put the total daily energy generated as at September 12 at 100,705.53 mwh, while the energy sent out was put at 98,689.54 mwh. The country had earlier recorded a peak energy generation of 101,839.37mwh and supply of 100,162.92mwh. This new generation and supply level however fell short of the highest peak generation of 4,729.30mw, which the country attained on August 25, 2015. The country’s energy generation has continued to fluctuate around 3,000mw to 4,500mw. Besides, the Permanent Secretary, Power, Dr. Godknows Igali, said that the recent increase in power supply is not as a result of rain, as speculated in some quarters, but it is as a result of increase in gas supply to the thermal plants. Igali added that the country’s anti-vandalism campaign is also yielding positive results. To sustain this trend, the Permanent Secretary said the present administration is determined to look in the direction of renewable, hence more emphasis will be placed on solar energy source. He reasoned that with clusters of solar plants built across the country, technical losses occasioned by hauling of energy over long distances will be reduced, as just this renewable source can be deplored effectively. Captive Power in embedded manner will also be available to Discos at the distribution levels. He commended these companies for working with the Ministry and the Government in the development of mini power generation and micro grid, insisting that all these efforts will translate into power stability and reliability. Igali announced that the Transmission Company of Nigeria is working on those critical corridors that would enhance the nation’s transmission capacity, enough to evacuate all energy to be produced now that more gas will be available to the thermal plants. Meanwhile, The Japanese International Co-operation Agency (JICA), has unveiled a comprehensive master plan study on National Power Development for its intervention activities in Nigeria. The scope of the proposed study report will include all its collaborative activities in the power sector, to cover the entire country with a target year between 2015 and 2040 (25 years). The study is to include power development planning, power demand forecast generation planning (Thermal, Hydro), primary energy analysis, Transmission Sub-station, Environmental and Social consideration to mention but a few. Igali commended JICA for this initiative, stressing that this will assist in the nation’s quest on how energy resources can be leverage and be deplored to end users optimally. Source:http://www.nairausd.com/2015/09/nigerias-power-generation-hhts-419611mwh.html?m=1 Twitter@nairausd cc: Obinoscopy Lalasticlala
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PDPwayoo:What about Cape Town & others |
modath:Why bring tribe to this. |
modath:if so then you have an ingratitude character. Take no offence. You have find out why DPO A didn't give you back your properties before conclusion. My take. |
PDPwayoo:If you don't no history, then stop misinformation the populace. Who told you that it took SA 16 years of restructuring. Please stop this. |
Exchange Rate for B Pound-Naira, 14th Monday September 2015 http://www.nairausd.com/2015/09/exchange-rate-for-b-pound-naira-14th.html?m=1 |
Exchange Rate for Euro-Naira, 14th Monday h September 2015 http://www.nairausd.com/2015/09/exchange-rate-for-euro-naira-14th.html?m=1 |
Exchange Rate for Dollar-Naira, 14th Monday September 2015 http://www.nairausd.com/2015/09/exchange-rate-for-dollar-naira-14th.html?m=1 |
Abagworo:You say what |
This serious. And no reason behind this. If north then welcome to northerncrasy |
knowledgeable:Guy don't deceive your, yes l agree with you on this as Turkey is the life wire of lsis 60% then the west is the electricity of lsis |
By Anthony Oliwe Godwin Emefiele THE ongoing crisis in the management of Nigeria’s exchange rate is nothing but unending. Apart from massive corruption which has giving room to huge foreign capital flight from the economy, the exchange rate-shocks could more be attributed to the volatility presently rocking the global fall in oil revenues, which no doubt, accounts for the country’s 80 per cent source of income. The neglect of the agricultural sector, the mining sector, poor infrastructure development among others has not helped matters either. Presently, N199 exchanges for as low as $1 at the official market rate while it sells for N220 to $1 at the unofficial market rate This has, in no small measures, affected the country’s dwindling external reserves that has plummeted over the period to a mere $30.62 billion as against $60 billion in 2008 when the exchange rate was put at N116 to the $1. Determined to give the nation a way forward, it appears the nation’s apex bank—the Central Bank of Nigeria recently woke up from its slumber to arrest the ugly situation and if possible, reposition the country’s Forex regime mechanism. As at moment, the CBN sees a much stronger naira even as it applauds the commercial banks’ rejection of Forex deposits, the apex bank is currently beaming more light on Bureau de Charge otherwise known as BDCs. Speaking at a recent forum in Abuja, the CBN Director of Monetary Policy, Moses Tule said that the apex bank was upbeat about the naira finding its true value within the shortest possible time and strongly supports the latest decision by banks to stop further receipts of foreign exchange cash deposits from customers to reduce huge idle cash in their vaults. Tule insisted that there was no going back on the new FX policies since recent developments showed that the naira, which was almost heading to N250 to $1 was only artificially driven by speculators to make more gains stressing that the apex bank would beam more light on Bureau de Change where naira speculation had thrived. “We are going to take the foreign exchange policy far because the government supports what the CBN is doing in this respect, we did not direct the banks to stop accepting dollar cash deposits from customers, but we supported what they are doing.” Delivering a paper titled: “Exchange Rate Management: Evolution of the Nigerian Foreign Exchange Market’’ at the last seminar for financial journalists in Calabar, the Chief executive Officer (CEO), Financial Derivatives Company Ltd, Bismarck Rewane traced the history of exchange rate regimes from one era to the other. “1821-1914, Classical Gold Standard, where worlds currencies were redeemable in gold, 1915-1925, was the era of WW1 ‘Dirty Float’, 1926-1931, came the Interwar Gold-Exchange Standard, 1932-194, was Pre-Bretton woods floats even as the period from 1945-1971 witnessed the times of the Bretton Woods Agreement and the Age of the Adjustable Peg.” According to him, from 1972-1973 saw the Smithsonian Agreement, 1974-1979 came with the Floats in the west & Adjustable Pegs in the Developing World, while from 1980-the present day came the European Exchange Rate Mechanism, Euro system. Rewane explained without equivocations that the determinants of the value of a nation’s currency includes, inflation differential, interest rate differentials, exports of goods and services, terms of trade, current account deficit as well as the tax haven status among others. Also highlighting the history of the Nigerian foreign exchange market from 1960-1986 Rewane noted: ‘’Between 1960-1980, Nigeria shifted from a fixed regime to a pegged arrangement, then in pre-1973, Nigerian currency was not a traded currency, it was subject to administrative management, exchange rate was largely passive and dictated by the fortunes of the GBP or USD where the naira was pegged to GBP until 1967 when the pound was similar Source:http://www.nairausd.com/2015/09/cbns-push-for-better-exchange-rate.html?m=1 Twitter @nairausd |
Exchange Rate for B Pound-Naira, 11th Friday September 2015 http://www.nairausd.com/2015/09/exchange-rate-for-b-pound-naira-11th.html?m=1 |
Euro-Naira, 11th Friday September 2015 http://www.nairausd.com/2015/09/exchange-rate-for-euro-naira-11th.html?m=1 |
Exchange Rate for Dollar-Naira, 11th Friday September 2015 http://www.nairausd.com/2015/09/exchange-rate-for-dollar-naira-11th.html?m=1 |
ELTON123:But he is from the east |
ELTON123:It everyone business so far you are a Nigerian. Because |
May God help us |
obailala:Tomorrow they scream no money or blame GEJ for not saving when price of oil was at its peak. Nigerians welcome to the Change that we clamour for |
By Anthony Oliwe Imo state governor, Rochas Okorocha • Raises panels on assets recovery, others IN less than a year, Imo State Governor, Chief Rochas Okorocha, has led another 100-man delegation to Turkey to explore business and investment opportunities in that country. The governor had travelled with a large contingent to the same country some months ago. He said that the gains of the last trip would be seen soon. Meanwhile, the Permanent Secretary of the state Ministry of Justice and Solicitor General, Mrs. Elma Eluwa, has inaugurated two task force to ensure quick dispensation of criminal cases, recover government assets and other related matters. A statement signed by Okorocha’s media scribe, Mr. Sam Onwuemeodo, made available to The Guardian on Wednesday said the trip, which comprised some journalists, industrialists and others, would last three days. The statement urged people of the state to pray for the entourage, saying that the trip would lead to replication of similar policy of free education in the state, stressing that the journey was in line with the ‘Industry, Industry, Industry; Factory, Factory, Factory; Job, Job, Job’ policy of the governor’s second tenure. The statement reads: “The Rescue Mission Government in the state wishes to inform Imo people and the general public that more than 100 indigenes of the state have left for Turkey on industrial trip at the instance of the Governor, Owelle Rochas Okorocha and the government. Those on the trip are mainly industrialists who are indigenes of the state, and few other personalities including selected media practitioners and businessmen. “The industrialists who constitute the bulk of the contingent are men and women whose vocations have been in various aspects of industrialisation including agro-based ventures.” Source :http://www.nairausd.com/2015/09/okorocha-leads-another-100-man.html?m=1 Twitter@nairausd Can somebody show this to PMB cc: Obinoscopy Lalasticlala
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If this is true , then believe me Saudi have an inner motive to this. |
huangcheng:You can say that again |
bugzbunny:How does this relate to the topic |
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, to get the needful done.?