₦airaland Forum

The Federal Government has granted a 3-year tax relief to the newly inaugurated Pay TV operator in the country, TStv Africa, as well as tax free dividends to all investors in the company.

The Minister of Information and Culture, Alhaji Lai Mohammed, announced this on Sunday night in Abuja at a dinner to mark the official unveiling of the new company.

TStv Africa is a wholly owned Nigerian Pay TV operator with refined offerings of novel Unclassified Pay Per View subscription and complimentary internet services.

Mohammed, who performed the official unveiling of the new company and its products, said the tax reliefs were in line with the Pioneer Status recently granted to the Creative Industry by the federal government.

The minister congratulated the Chief Executive Officer (CEO) of the company, Dr Bright Echefu, and his team for liberalising and breaking the monopoly of Pay TV in the country.

“The important thing about what Echefu has done today is that he has redefined the pay per view television industry and from today that industry will never remain the same again.

“What he has done is to democratise the media and entertainment industry and make it possible for even a peasant farmer to have access to the best entertainment and news in the world.

“It is a great opportunity for me to be the one to unveil TStv because just like a Nigerian made history by crashing the cost of telephony in Nigeria, I am glad that another Nigerian is now coming forward to crash the cost of Pay TV,” he said.

The minister commended the courage of the investor for coming from the Diaspora to invest in his country and for believing in the government’s seriousness about diversifying the economy.

He said the company had also demonstrated that government alone could not do all things but needed the participation and synergy of the private sector.

“I want to assure that this administration will continue to assist you and other investors in creating the enabling environment for businesses to grow,” he said.

The minister said that the government was aware of the huge contributions of the creative industry to the nation’s economy and would continue to support the sector.

However, he identified contents and the lack of objective audience measurement as major challenges that had retarded the growth of TV and advertising industries in the country.

“With the liberalisation of the industry, content has become very key because content determines which channels are being watched and which are not.

“Another major challenge is how to get an accurate measurement of which channel is being watched and which is not.

“Kenya and South Africa are about one third of our population but they do much better in TV and radio advertisement than us because of their robust audience measurement,” he said.

The minister announced that the National Broadcasting Commission and his ministry would organise a workshop on Nov. 28 to address the challenge of audience measurement.

Earlier, Echefu said that TStv Africa, which had gone through a lot of challenges, was birth to liberalise PayTV in the country, make it affordable to every Nigerian with added values.

He said for the first time, Nigerians could now enjoy Pay Per View because with TStv, “subscription runs as you watch and it has the facility to pause your subscription when you travel”.

Echefu said that TStv for a start has 70 premium channels model with the cheapest pay-TV in Africa with maximum subscription fee of N3,000 only.

He said as a fully Nigerian brand with consideration for the masses, TStv is not classified and it has a model that accommodate subscription as low as N200 as N500 for a period of time.

The CEO said TStv came with PVR (Personal Video Recorder) Decoder which allowed viewers greater control over their viewing experience with functions like pause, rewind, forward, save and record of programmes of interest.

Echefu said that once you subscribe to TStv, you will also get complimentary internet service, enabled Wi-Fi, as well as video calls and video conferencing services.

“It has an array of amazing TV channels with premium entertainment, educative programmes that cut across all genres.

“The genres included news, music, general entertainment, documentary, movies, religious, sports, health, kids, fashion and lifestyle that better define the uniqueness of Nigeria’s diverse culture and traditional values,” he said.

The CEO said TStv which was modelled for Nigerians had come to stay, assuring that it would not fail and they would deliver on their promises.

Guests present at the ceremony were entertained with live performances by musicians and comedians.

Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos represented by the Permanent Secretary, Lagos State Ministry of Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary, Federal Ministry of Information and Culture, MS Grace Gekpe.

Others were the Director-General of National Orientation Agency, Dr Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams and Afeez Oyetoro aka Saka.

https://www.pmnewsnigeria.com/2017/10/02/federal-govt-grants-tax-reliefs-tstv-africa/

I think they are 1) keystone 2) unity bank 3) heritage bank 4) fcmb.

forget about diamond or union bank,.

union bank pumped $500 million into itself from foreign partner 2 years ago. Diamond too is solid.


they might be going for right issue cos i think the foreign partner want to trade some of their share as ROI on money pumped ,now that dollar has been made available.

1

any known issues to address?
can it go for 750k?
location?

you see those guys at the door, I bet with each of them 500 dollars a piece that I can piss on you bar, piss on your floor and piss on u"

you just beat up an innocent man, " replies. " innocent of what "?

net282:
The protest & agitation should be to our leaders in this south south & south east, they are the ppl killing us they loot our money and use it for their own personal interest they are not representing us as we voted rather they represent their families alone I can never be deceived by any body preaching hate massage in other to incite war or cause disunity in this country because I know where our problem lies, it is high time we open our eyes and fight these our leaders and question them about our IGR, bailout fund, NDDC, ministry of Niger & 13% from crude oil, all these institutions are been controlled by our ppl then who is fooling who , no good water no better roads no light no sound education & good hospitals, what are they doing our money, they shld use our money for us instead of telling us Hausa did this today Yoruba did that yesterday, we are sick & tied of their excuses, I keep asking where is our money

Sir,
you have said the plain truth.
I understand the ways of the north elites but I think if these monies were used judiciously for development sake, the east also could be a business hub, and when the development of both the west and East is glaringly obvious we can team up to ask for a better deal politically and we will have an edge because the northerner font know how to develop their land . we can ask for resource control say 70;30.(to the centre)

my opinion

dear folks,
please can we stop this abuse of words of Igbo, afonja & d like .
haba, its enough na,

please leave Igbo' alone and let things rest.
every tribe is unique.

I may not like NK manner of going about the agitation I however take a little positive that it has made certain people in top offices to be on their toes about the state of the nation especially in thinking of providing jobs for d youth " else the place becomes a bit ungovernable

1M?

I believe whatever his agitations are , its not necessary to go to the north before he gets results,

it totally unnecessary and uncalled for,

this thing should be done with tact and brain not brawn,

I foresee an ugly restive matters arising.

that why its said he should not have gone against other southern folks verbally( i am talking of the Yoruba clan).
he needs their support to gradually do these kind of rallies.

would have made a lot of sense if after doing it in south western part and it was peaceful, he can then talk it little by little to other northern parts.

anyway good luck to him,

Dasgoro:
All i see is a new strain of illness as a result of mobile gadgets addiction.

Tech taking over

Hmmm..whatever

We now have a new way to extract a rare ‘superfuel’—and it could be the most important energy development since shale oil went commercial. Oh, and it only takes a day.

This ‘superfuel’ is the foundation of everything that defines our high-tech future—from crazed demand for rechargeable batteries, energy storage systems and electric vehicles, to the millions of consumer electronics we boost demand for daily.

The superfuel is lithium, and the craze is already on.

But we won’t have enough—not because we can’t find it. Lithium is abundant. It’s because demand is skyrocketing and we haven’t been able to extract it for a decent cost—until now.

Goldman Sachs Group projects that demand for lithium will triple by 2025 to 570,000 tons.

Credit Suisse forecasts that demand for lithium “will actually outstrip supply as we approach the later part of the decade, with demand potentially as high as 125 percent of total capacity.”

As our tech-driven energy future unfolds in front of us and becomes a critical reality, there is nothing more important than diversifying our lithium supply—but the difficulties of extraction make this challenging.

Now we have an answer: It’s “petrolithium”—a new process pioneered by a little-known company that has just made one of the biggest leaps in lithium extraction.

That company is MGX Minerals [OTC:MGXMF] [CSE: XMG] [FKT: 1MG], and its “petrolithium” technology represents a game-changer for a commodity that is now threatened by a major supply squeeze.



The best lithium is found in the brine, but it’s harder to extract. Until now, we’ve only had two conventional means of lithium extraction: hard rock mining and solar evaporation. Neither are efficient, and both are costly.

Instead, we’ve been throwing our most critical commodity away because we couldn’t get at it. Lithium from petroleum brine has been treated as waste.

But when you’ve got a tech-driven energy revolution on your hands that requires massive amounts of lithium and no sign of enough supply to feed it … well, waste not, want not.

MGX’s technology changes all that. It separates the lithium carbonate from the brine water as it’s being pulled up to the surface.

Here are 5 reasons to keep a close eye on MGX Minerals [OTC:MGXMF] [CSE: XMG] [FKT: 1MG], as we reach lithium fever pitch:

#1 Amazingly Tight Supply Ahead

Already this year, the catalysts have been dramatic. The most notable of these being Tesla’s battery gigafactory, which threw its manufacturing doors open in January, and by next year will be producing so much it will DOUBLE the world’s battery production capacity.

And that’s just Tesla …

German BMZ has launched the first phase of its German battery factory, and LG Chem is planning one in Poland, which is slated to open next year. Samsung also hopes to start making batteries in Hungary beginning in 2018.

And that’s just batteries …

And while the mass production of Tesla’s Model 3 electric sedan is one of the more exciting and visible drivers of demand—with 370,000 vehicles already ordered—there are other major drivers, such as massive energy storage systems that will push demand exponentially higher.

According to Macquarie Bank, the share of lithium demand from electric and hybrid vehicles alone is due to surge from 10 percent in 2015 to 33 percent by 2021.

With Tesla looking to “absorb the entire world’s lithium production”, in the words of Elon Musk, and seeking “American lithium sources first”, the ability to extract lucrative lithium from petroleum brine is a major coup—and a major opportunity for first-in investors.

Just how big is it going to get?

Lithium expert Joe Lowry says demand should double between now and 2020, driven by the massive battery market, producers are in no position to keep up with this in the medium or long term.

#2 A Very Timely Pioneer with a Patent

In this tech-driven energy era, pioneering a new technology to extract a critical commodity when it’s facing a major supply squeeze puts small-cap companies on the lucrative cutting edge.

This is what MGX [OTC:MGXMF] [CSE: XMG] [FKT: 1MG] has done—and the timing couldn’t be better for this breakthrough in chemistry and engineering.

In the same way that we purify water, we can now extract lithium with this new technology. Think “reverse osmosis”—but patented.

Petrolithium is ever-present in the wastewater from oil and natural gas production. This is a source of lithium we’ve never even considered—and it’s a massive source because of all the oil and gas produced, all the wells we frack and even Canada’s huge oil sands industry.

So, we don’t even have to discover new resources—they are there for the taking, with the right technology.

To make this happen, MGX is partnering with two Canadian companies David Bromely Engineering Ltd. and PurLucid Treatment Solutions, Inc., whose past clientele included Shell and Suncor Energy, Inc.

This is how it works:

‘Nano-flotation’ removes oil, colloids and other metals from the lithium-bearing brines
An advanced form of ultra-filtration is then used (like reverse osmosis) to remove the oil from the waste stream (this oil is why we could never before recover the lithium from the wastewater)
The resulting liquid is flash frozen and evaporated under reduced pressure
High concentrations of lithium carbonate come out.
And this is the answer to our struggles with the current methods of extraction that simply aren’t efficient or economical…

#3 The NEW Lithium

Without MGX’s [OTC:MGXMF] [CSE: XMG] [FKT: 1MG] technology, there are only two ways to extract lithium: solar evaporation and hard-rock mining.

Here’s where it goes wrong, and why lithium is selling for a whopping $10,000 a metric ton (around $4.5 per pound):

Hard-rock mining has a detrimental impact on our ground and surface water, soil, vegetation and wildlife
Both processes are expensive
Both process take up to 18 months to develop and another year to get production up to capacity
Even after 18 months of development and another year of ramping up, they still leave some 50 percent of the lithium in place.
Here’s where MGX’s ‘petrolithium’ technology changes the game:

MGX can recover almost all the lithium from oil and gas wastewater
The process takes a single day (not 18 months)
It produces clean water as a by-product, so it’s a win-win situation for the environment and industry
The technology is simple to install in lithium hotspots that are already in operation
Recently, the process was further advanced to limit evaporation and crystallization and primarily rely on nanofiltration for 90 percent.
#4 Plug-In Profits

There aren’t many people in the oil and gas industry who aren’t interested in ‘plug-in’ profits these days.

Technology like this turns already profitable operations into more profitable ones, and oil services giants like Halliburton and Baker Hughes are always eyeing new plug-in profits.

Oil has been stumbling since it crashed in mid-2014, so the upside for operators who could bank on the lithium they’ve been throwing away could be enormous.

Think of funding fracking while simultaneously producing the most sought-after commodity of our tech-driven energy revolution (yes, lithium). This is exactly where big oil profits from clean tech.

Even if MGX’s new lithium extraction technology cornered only 10 percent of the market, it would still be huge. MGX could end up being the next Osmonics—the small reverse-osmosis water company that GE bought in 2003 for $275 million.

And the momentum is building quickly. In January, MGX successfully extracted lithium from heavy oil wastewater as part of its pilot plant in support of its 487,000-hectare Alberta lithium project. Starting in Alberta, MGX envisions using its patented technology to target the region’s 12,000-20,000 bpd of oil production—for lithium.

But that was just the first catalyst, the news flow here has been non-stop.

In March, MGX acquired 110,000 acres of oil and gas leases in Paradox Basin, Utah. This gave it access to the brine-bearing aquifer systems where they are preparing to permit the Petrolithium #1 borehole.
In early April, they added additional claims to Paradox Basin.
In late April, MGX received independent lab-testing results of its technology, demonstrating that it can “rapidly separate lithium and other valuable minerals from the wastewater brine …”
In the first week of May, MGX finalized the acquisition of PurLucid Treatment Solutions, Inc., rendering it a full-service lithium extraction and water treatment company for oil and gas developers.
The first real pay day came on 4 May, when MGX signed a lithium extraction demonstration agreement with a major oil and gas operator—this cat isn’t yet out of the bag, but when it is released … we’re prepared for a major bump.
#5 First Shale, Now Lithium—Next, Two Processes in One

This is where shale and lithium meet, and it’s a very lucrative crossroads—especially for a small company that has pioneered the first ever technology to extract lithium from oil and gas wastewater.

The shale revolution that was brought to its knees but has risen again again—even if not to its earlier heights—doesn’t need to be in direct opposition to the energy transformation driven by everything battery-powered and stored.

Technology like MGX’s [OTC:MGXMF] [CSE: XMG] [FKT: 1MG] is what brings them together. Where there is oil and gas, and waste water, there is lithium. It’s also where the two meet up on solid ground with the environment. Desperately needed lithium is extracted from oil wastewater, and what’s returned is clean.

As lithium demand heads into dangerous territory for supply, and it’s all about efficient extraction processes, a flurry of upcoming news flow from this little-known pioneer is bound to attract attention in all the right places, but for first-in investors, this is the ground floor of it all.

As MGX [OTC:MGXMF] [CSE: XMG] [FKT: 1MG] CEO Jared Lazerson puts it: “The extraction of lithium from oil production water now ties the future of big oil to the new energy industry.”

By. Joao Piexe

culled from http://oilprice.com/article/Petrolithium-The-Biggest-Energy-Breakthrough-Since-Fracking.html

dear Gazzuzz, have 2 questions.
I intend to buy an acura tsx ( acura is almost basically a honda
please the issue of the dislocated joints(front tyres) common on Honda vehicles, is there any "professional trick" u know u can advice Honda users to avoid such an occurrence?


2nd question off major car issues

there is currently increase make of cars powered by electricity.
some countries in Europe are cutting over soon, few are cutting off from fuel powered vehicle as early as 2025(think Australia or Norway, Germany , Paris,2050 etc)

what is ur take on how this will affect the morphology of parts esp engine, spare parts and the use & future of fuel vehicle particularly Nigeria say by 2050 or thereabout.

I'm sorry if it's off ur "path"

when u join a mad man to fight for any issue no matter how right you are, by the time the whole scene is played, u will realize that u probably would have acted to be mad.
joining issues with a set of people who don't take education as a way of life, who's penchant for unbridled violence over minute matters & has no value for human life is as easy as the passing of the wind, would be a wrong.
that a lion stay still when it sees it's prey passing does not mean it is afraid, no sir, it only waits for the right moment to strike.
u pick ur battle carefully to won it gracefully.
everything is not won by brawn.
A word is enough for the wise.

a wise man sees danger far ahead and averts it, a simpleton sees and continue waking towards it (proverbs )

hello how much to bring in Acura tsx 2004. total cost.

good idea GAZZUZZ. keep it up

Dear Gazzuzz,
I want to u to know that everything is a learning experience.
customers are customers for who they are, some difficult , others easy.

u can take a lesson from today experience.
for example , when u have a troubleshooting that requires high financial outlay, u may let the customer know that u are proffering Long term solution, & then link customer up with someone who does do quick fixes, if u are able to judge customer is not able to take ur option.
Nothing has taken ur reputation , just be conscious of how u may handle diff cases.

dear valvariz, your explanation is okay as ur aim was to point out different approach customers may want in solving his her problem,

please let us not assume DAT because a customer bought a car u term expensive, he or she has more funds at his disposal,
some buy their "dream car" with "all they have" others can afford without a sweat, remember fingers are not equal.
dear airex, while it's okay to be dissatisfied and feel bad about a service, the approach does matter, everyone of us are into one service/product or the other, u can not be 100% every time.
u should have just brought the issue to gazzuzz, stating what u went thru without coloring the issue so that the person can take a professional re-look of his action, explain why he took that decision and offer professional apology for not being able to meet ur need.

regards

if u want good academic knowledge, go for UI
of course, it comes with baggage, strikes though now less, jamb scoring cut-off before admission etc,.

u may also try covenant,. baggage expensive, church stuff etc

this is Nigeria though

sukkot:
lmao bros, those types of people can get on your last nerve if they stay with you. you want someone staying with you to have a tiny bit of self awareness and able to feel the temperature of the atmosphere and not someone just completely lost in his own world living life as if he stays alone lmao. heaping 3 solid spoons of milk in front of the mans wife lmao. shyttt if that was me and the mans wife was there I would not even eat sef lmao talk less of heap 3 giant spoons of peak powdered milk

gee!!!

if in such, at most, I will eat only at night(drink garri to join if not enough ) but only at night, that's once a day

if they invite me for any other meal, no matter how kind the smile, I will say I am not hungry

will go find something to do, even bring some of my work home, so they see I am hustling, even when I finish my job early I will only come in at 7pm (unless I am ill ) you have to use your head, and show u are also uncomfortable staying with them but its just due to circumstances.
my opinion

omokenny94a:
I don't believe the result of that research.

What is believe is the quality of the materials/chemicals used in producing the insecticides has been dropped.

SIR,
since the recession is seem the companies that produce insecticides reduces the active ingrident in their products,

i have noted that for long esp around 2016,

my mind tends to what u wrote there,

haba how can mosquite evolve over a few years

Afam4eva:
Imagine if the speech was reversed and is something like a Yoruba person saying that any Yoruba man that buys any item from an Igbo is an idiot. I'm very sure your reaction will be different. His speech may not be at the level of the Oba of Lagos's but it's a hate speech nonetheless. Remember that he also said that any Yoruba pastor that comes to the east should be attacked or something along those lines.

Let's not try to twist this because it was it was Nnamdi kanu that said that. He's a human being after all.

And i'm not saying this because according ti you, i'm trying to curry favour from Yorubas. Those guys that are molesting my habdle with their foolishness have since been ignored. I've been on this forum for 12 years to be put under pressure by some scallywags. I just have to speak the truth orrespective of whose ox is gored and you should do the same.

sir, please ignore anyone's abuse.
their nothing wrong in asking for restructuring or secession, its just that he is going about it in the wrong way.
that's an objective statement u made there.-my opinion

Good day sir,

how much for these cars from Cotonou with custom papers

Toyota corolla 2004

acura tsx 2004

jetta 2005(full options)

to Lagos

Nigeria best minister ever-my opinion

he governor’s aide later appeared on a radio programme on Wednesday to explain how the unions were allegedly responsible for the high prices of foodstuffs in the markets.

“Garri is selling between N30,000 and N22,000 per bag in the state, but if you go outside Akwa Ibom garri it is sold between N18, 000 and N17, 000…. The union doesn’t allow people who are not their members to sell garri in bags in the market,” Mr. Raphael said on the radio programme.

“If you are not their member and you bring in bags of garri into the market, they will seize them from you.

[[b]b]“If you look at it, there are no Customs duties on garri, and garri is not purchased with dollars, so it is the union that is causing the price increase.

“We will not continue to fold our hands and watch them do this; the unions must give traders the free hand to sell their goods.


Dear Governor's aide,

that is not how economy works.

let take an example: the garri is not purchased with dollars (true) but the garri seller has a house , has kids , pays rent, school fees, transport, buys fuel , buys other foods stuff, e.g milk, toothbrush, tin tomato. the garri seller will not eat garri alone , garri production is his business to raise income ,

if these other items have been imported or their prices have been increased by inflation , the garri seller has to factor those increase in how it affect his own income( it reduces his purchasing power) , the same market that the car importer who increased his price due to dollar is the same market the garri seller will buy from.

so sir, hope u can see the connection.
in general economics its called "inflation"

Maduawuchukwu:
That is not a defence. Kill Hausa means kill Hausa and nothing more. There is no other means of interpretation for that statement. He sounded like Shekau in his videos. The only reason why I did not support his detention was because at the same time he was being detained Fulani herdsmen were killing people in Agatu and Enugu and the Govt was saying that they were from Somalia while refusing to prosecute them. To condemn your own while others were defending theirs will then be foolish.

when someone is analysing things objectively u will know he is a non-tribalistic person.

I don't support the way NK & this youth are going about this supremacy battle of s thing using vulgar or barbaric means, the best way is routing it thru the Senate/leaders,

it may take time but it can be achieved

nerodenero:
Educated Northerners in power are the reason the north is backward. They deny the people quality education and use religion as a massive too to deceive them.

The Northern elites are very educated and own more oil blocks/wells in Niger Delta than any other ethnic group, so it is right for them to distant themselves from the report. They benefit more from one-Nigeria than any other tribe.

The educated Northern elites are like bats. They are neither a bat nor a rat. Trust them not!

they are neither a bird or a rat**

if the proposed violent escalates in nigeria , the Naira wil lose steam and dollar rate will increase again.

my opinion.

this issuane of a threat is totally barbaric,

i have said it times and times again,

i appreciate what the Biafra clans plan to do, that is seccession, ( though i prefer re-structuring)it is allowed all over the world, however i did not appreciate the manner in which it was being carried out,

if the issue was being routed thru the leaders in the senate, it would be passing a legal process( leaders not in support can be voted out),

however the same way NK had pronounced Biafra is the same way the northern youth have issued this threat, it is not the right way.


it is totally barbaric.

i just don't want any form of violence and i want to be able to move within any place in NIgeria freely,

i don't like the violence propensity of the north truly,

Can the igbos route it thru the leaders in the senate please

Na wa oh

so when will all southern region unite,

hey,
I don tire for this mata,

haba folks, are u saying we cannot put aside our differences and try to outwit the North for the sake of quality of life and education and bring an end to quota system of non-performance

I tire

Super1Star:
Traitor was Zik that neglected his own people in war time and deflected to the opposing side

Dishonesty is you killing leaders of other regions and leaving yours.

Betrayal is Arthur Nzeribe being instrumental to annulment of June 12

COnnving is Zik pleading with Ahmadu Bello and British not to support insertion of secession clause in the constitutiion.

COwardice is Ojukwu, a supposed war General dressing up like a lady and running away from battle front.

Delusion is when you are at war with your enemy and you expect him to still be feeding you. Stupidity will be a better word for that.

kai kai kai,

please don't comment again.
u must be a poet.

abeg chill oh.

grossintel:
Madam God has forgiven you, go and sin no more. But don't tell him, men can't handle infidelity. Just don't do it anymore and love him, confessing to him is ending your marriage .

sir,
it's not correct to say men can't handle infidelity.
it depends on the kind of man,( a man who loves, who is tough and have the fear of God can handle such)
my submission