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CareerRe: Welcome To My Office by netotse(m): 2:13pm On Feb 12, 2011
oyb:
^^^^

hows the dust cheesy cheesy cheesy

is mr awofodun who says aids doesn't exist still there? cheesy cheesy
I dont have any probs with the dust, it's the oil i and mud i dislike o. . .Had to wash oil stains of my uniform last night, spent half the time cursing whoever made the darn thing. . .cheesy

Dont know the awofodun guy, if he isn't related to the maintenance or production team in anyway, our paths probably wont cross grin> I checked the address book, his name isn't there, I saw that other DA guy there but I haven't been able to find him and I cant tell which plant he's in, I have only 3 more weeks here before I go back to my plant(even though my plant is just across the road though grin). How's your end?

Wallie:
At times, my work could be so boring and stressful! Imagine having to write a 30 page paper describing something as simple as a freaking wheel! There’s only so much one can say and yet, I’m being told to beef it up. Even though we don’t charge the client per page, there seems to be an unwritten rule in my firm that your patent application has to be 40+ pages. Well, the 30 pages will just have to be enough…

Although it seems counter intuitive, the simplest inventions are usually the hardest to write about. We’re just 5 weeks into a new year and I need a vacation already!
reminds me of the lab reports we were forced to write back in university.

@thread
Today makes it exactly a year since I passed out from NYSC, time flies o. . .
CareerRe: Welcome To My Office by netotse(m): 9:22pm On Feb 09, 2011
mennnnnn. . .i am tired.

ok, I'm on plant attachment at the older plant(built in the early 2000s), I and a colleague are the first of our type to go on plant attachment so no one has gone before us and shown them attitude. . .i'm grateful for that because I hear the older staff'll hide stuff from you if they dont like you. It's clear I have my work cut out for me cause I'm easily the youngest(in terms of age and experience) in the department (in both plants) but it'll be fun sha. . .sebi all na engineering


I've adjusted to the whole being at work by 7.30 thing, the one i'm not yet used to is walking up and down the place as if I'm trying to outdo the israelites(my JD ensures that i wont pick up any excess weight o). . .cheesy. Of which, It's official, my life would have been a bit easier if i was a few inches shorter, I'm starting to lose count of the number of beams I've walked into(thank heavens for hard hats o).

apart from mispelling my first name on my uniform, someone else now decided to re-mix my surname in my email address, sey na my fault sey my name nor common?

Oh and at the older plant it's not uncommon for them to lapse into yoruba in the middle of a RCA(root cause analysis). . .thankfully, my yoruba is better than my hausa sha!

hopefully, I'll be more frequent next week after moving to my place(yay i finally get my own bachelors pad) and sorting out my communication and culinary challenges. . .lol.

P.S. before I forget to mention, all the people I work closely with are married, the thing dey complex boys o. . .na so so wedding band I dey see everywhere. . .which ones now? I swear if it continues I go buy my own wedding band with or without wife. . .nonsense cheesy
BusinessRe: Up From 3,800mw Last Week, Power Generation Hits 4,000mw by netotse(m): 10:59pm On Feb 05, 2011
Stromae:
please let us know what you find out, Goodluck is refusing to respond to my queries on facebook.

Also if u could remember that 234next link it would be much appreciated.
this is the link to the story where you can find the links

this is the link itself

http://www.divshare.com/download/9823668-b4f


@thread
one would think by now people would realise that the load in nigeria is constantly supressed and so the fact that electricity in your area hasn't improved is not a sign that the total generation in nigeria isn't improving/increasing.

Let me give you guys an analogy so that those of you that are willing will be able to understand why the electricity supply in your area might be getting worse but you'd still be hearing that generation is increasing.

Now since PHCN was unbundled, the competition within different distribution has become more serious, all the business units are ranked(so i was told) and the one that generates the most income is given a prize. So withing the EKO distribution company, the Ikoyi business unit would be rewarded out of all the business units if it produces the highest income for the DISCO. . .dig?

Bear in mind that you cant store electricity, so as the DISCOs are allocated the electricity from transmission, they have to give it to their customers immediately and of course, since there's a scarcity, it's impossible they would have electricity and no one to supply it to.

while I lived in abuja, I stayed in an estate and at the injection station(33/11kV) that supplied us electricity, my estate was the largest single load. In addition to being the largest single load, majority of all the other customers supplied by that injection station were commercial companies(I'll explain the significance in a bit).

On my estate, we rarely ever went a whole night without electricity for a simple reason, once the commercial companies close for the day(latest 8pm) the injection substation has no one else to supply electricity to apart from us, so it's natural we have light overnight since they have nowhere else to expend their allocation of electricity. Also, if the station is given a target in terms of revenue generation, giving us as much electricity as possible makes sense since we're the biggest single block of customers. . . grin(I've mention somewhere on NL that siting plays a very large part in electricity supply in Nigeria).

P.S. my aim is to let you realise that there are lots of factors that affect electricity supply, for instance, are the transformers in your area overloaded? do you tee-off at 33kV or you're supplied at 11kV? do you have barracks, large hospitals, VIPs(this isn't legal but it happens) sensitive institutions near you? is your area notorious for tampering with meters and equipment? etc etc.
BusinessRe: Up From 3,800mw Last Week, Power Generation Hits 4,000mw by netotse(m): 2:17pm On Feb 05, 2011
I'm trying to confirm if we indeed reached 4000MW, i'll be back to post here when i can reach someone to confirm for me. . .

I can confirm that 4000 has never been reached before though, under obj, the highest was a bit above 3500, yar adua never managed to beat that, I dont know if he reached that level of generation, Under Jonathan, the highest was 3700, then 3800 the 4000 is yet to be confirmed.

How i know all this: there's a document that the national control center circulated to key staff in the power sector everday and in it, there's a coloumn for highest ever generation to date(along with the generation level for the previous day and expected generation for that day), so all you need to do is get a look at the document to know whether we've ever reached 4000MW.

If i recall correctly sef, 234next has an old copy of the report somewhere in their archives, I'll search for it.
PoliticsRe: We Have Decent Power From Phcn by netotse(m): 10:41pm On Jan 29, 2011
smh. . .make una dey pray and fast ehn. . .one day una go get light. . .lol
FamilyRe: Parental Guide: Bringing Up A Child by netotse(m): 2:19am On Jan 29, 2011
Tgirl4real:
cheesy grin smiley

Hey guyz,

Happy new year.

To the glory of God, I put to bed last Sunday. God blessed me with a beautiful baby girl.

Rejoice with me. I can finally practise the things we preach here. wink
@tgirl
congrats. . .
CareerRe: Welcome To My Office by netotse(m): 1:27am On Jan 29, 2011
Hey pple,

I'm in lagos for the weekend(thank goodness). Got my uniform this week(I gather it's meant to be called workwear) and as usual, my name was mis-spelled, na my fault say my name no common? that's enough motivation for me to be rich and famous so people dont dare mess up the spelling of my name grin cheesy tongue

Plant attachment starts on monday, I've seen the list of departments I'm supposed to rotate through. . .I'm all psyched up, I finally get to see some action, looking at powerpoint presentations don tire person. . . grin

P.S. It seems my batch has settled down rather fast, we've discovered all the dirty innuendoes you can formulate with work lingo. . . cool
CareerRe: Welcome To My Office by netotse(m): 7:43pm On Jan 22, 2011
@thread
Done with mandatory 40 hours safety training so we(the new batch) can now roam the plant grin but we dont go on plant attachment to the old plant(It's called the running plant) till mid february and i can hardly wait. It's going to be an entirely new experience for me but I'm looking forward to it cheesy I don tire for training school [s]although the HRMs fine assistant makes things bearable, you suppose see as she dey smile at me[/s](yeah yeah, I know that's how she smiles at er'one but i swear my own is different. . .lol)

I must confess, few things beat working for a company with a well established structure. Everything makes much more sense.

@debosky
as per your friend, them no go gree pay am 2millie per month? grin, but you're right sha, when the plant takes off, there'll be an awful lot of work to do so yours truly is going to learn a ton of stuff cheesy. what me i dont like is the ruralness of the area.

@tubabie
where's that? huh tongue lipsrsealed

@oyb
that's the running plant you're talking about, stories about how terrible their work culture is abound at my end. there's a bit of rivalry between them and us(and our plant hasn't even been completed yet grin).

@tkb
I'm in the plant on your left when you're headed to gidi, the one on the right is the running plant. How far the 'thread-get-together' now? Jarus has the digits sha.

@Ajanlekoko
How's things? still on Vacation?
CareerRe: Welcome To My Office by netotse(m): 7:43pm On Jan 16, 2011
Tmoni:
@Netose, i just have a feeling you work for a guy called Jeff Imelt
nice to have you back. . .

nahhhhh think french. . .our biggest competitor is dangote
CareerRe: Welcome To My Office by netotse(m): 7:15pm On Jan 13, 2011
@Jarus
congrats o. . .no be small thing.

@tkb
when your own dey come?

@thread

hey pple, cant rem when last i was in a cybercafe, but oh well, it's for a good cause. . .lol

started work on the 10th, have been unable to find a sensible internet connection ever since.

We(my batch) are undergoing mandatory 40hrs safety training before we're unleashed on the poor plant grin

I work in a multinational somewhere in the south-west, we're currently expanding our operations in Nigeria and I'm part of the operations preparations team(OPT) for a new plant(plant is meant to come online sometime in the 2nd quarter) it's being built across the road from one of our older plants so there's a bit of beef between the workers in the old plant and us (the OPT).

Basically, we're new so we still get picked up from the hotel and dropped back after work. The work environment is informal(the whole first name thingy) so that's a bit of a plus, i hear we were the subject of a couple of jokes cos my batch showed up at the training school dressed corporately(wetin dem expect make person wear on the first day of work nii?)

Anyways, i'll be back when i find a sensible internet connection or when i'm done in training school(whichever comes first). . .safe
CareerRe: Electrical Engineering: Aspirants and Practitioners by netotse(m): 11:03pm On Jan 08, 2011
tomdon:
Hello fellows I hail all. ajanlekoko oyb et al doing a gr8 job. I am determined of practicing in d power field but I wish to know if its only in phcn dat one can get to practice power or what do u experienced elders say to this. I currently work anD have experience in a solar company but I feel its not broad @all plus its not financially rewardind. Netose, Fellows in d house kindly help a brother
@tomdon
mesef i'm just learning that it isn't only in PHCN that you can, i'm moving to a new company and i gather they have a 90MW coal plant, that would mean they need to have a lot of the departments that PHCN has, even if it's on a smaller scale. I think if you can get a company where you can learn solid technical skills it would serve you well when the privatization thingy gains steam, being in PHCN now might not be the best thing for you(they aren't employing through normal means so you'd have to come in as a casual if you dont have leg). I would advise getting solid technical/troubleshooting skills and if you still feel the same way about power when privatization gains steam then you can switch.

in the meantime you can still read up and keep abreast of developments in the power sector. When things kick in i'll holler on this thread so people that want to apply can, just keep in touch here

@dave07
happy new year o. . .what's good at your end?
CareerRe: Welcome To My Office by netotse(m): 12:32am On Jan 08, 2011
babyx:
Happy New Year people!!!

, u guys havent resumed for the year? cool smiley anyways i have, but am not happy with the industry, am officially uninterested in what goes on here (i work with an Investment firm in 9ja). Having taken stock of my last 2 years with this firm, i realised that my Pensions have been deducted but not a kobo has been remitted to my PFA! should i report Anonymous to PENCOM? undecided
doesn't you PFA send you statements quarterly?. . .ours even have online accounts something sef. . .i think reporting to PENCOM would be an overkill, why dont you ask how far first?
ComputersRe: Strictly Internet Speed Screen Shots v2 by netotse(m): 1:11am On Jan 06, 2011
MTN abuja. . .

ComputersRe: Please Help On System's Start Up Problem by netotse(m): 11:21pm On Jan 05, 2011
can you post your problem here https://www.nairaland.com/nigeria/topic-301179.3328.html you'll get attention faster as most of the guys congregate there. . .

also, tell us more about your computer, type of OS, programs you were running when it crashed etc
ComputersRe: Strictly Internet Speed Screen Shots v2 by netotse(m): 11:13pm On Jan 05, 2011
abeg, can anyone tell me the best network in ogun state? I dey move to that zones soon. . . cry
PoliticsRe: Fashola Suspends Lekki Expressway Toll Collection by netotse(m): 6:54am On Jan 05, 2011
babapupa:
I'm not sure what your problem is, but I'm thinking lack of ability to read and understand or Dyslexia, either way, I can not help you.
touche. . .apparently you cant help yourself either. your (well-documented)knee-jerk reactions as far as LASG is concerned is more telling than you think cheesy

P.S. My guess is that you were going for a stylish insult right? you're going to have to do much better than that. . .smh
PoliticsRe: Fashola Suspends Lekki Expressway Toll Collection by netotse(m): 11:39pm On Jan 04, 2011
babapupa:
Saying you have not benefited from Fashola betrayed you and your comments. It strips you of whatever credibility. You don't have to remain in Lagos just to deal with ACN or Fashola, move to Ogun or Oyo state and go feel at home with your PDP folks, they'll treat you nice.  

Unfortunately for you, I don't operate on emotions and ignorance like many of you.


#1. Only an ignorant and non Lagosian compares and sites other state's budget to make a point per Lagos state and it's finances.

The states you mention are glorified towns and  villages called states

Lagos state's population is 18 million and the states you mentioned have less than half of Lagos state's population.

The societal and  infrastructural demand in Lagos state outweighs the states you mentioned combined x 10.

The states you mention are not welcoming thousands of Nigerians from every corner of Nigeria every single day and stretching the state's resources and infrastructure to the bones.

Lastly, stop feeling so important about Lagos state's money or budget, the state is extremely poor @ 2 billion dollars/18 million people and crumbling with non existing infrastructure.

#2. Talking about democracy, democracy also empowers the government to make decisions on behalf of the people to better the state and the people.

Many states in the United states/The main fountain of the same democracy you're touting are not only tolling roads with or without alternatives, they are directly selling public properties like roads, bridges, water works, parking meters and other state services to generate money for whatever.

One clown cited Chicago as a good and well governed city just to trash Lagos state and it's tolling policies, well, chicago is not only tolling, they are  leasing and selling public properties to private entities to generate money to take care of deficits and shortfalls, not even on other capital projects.

Fire Sale Chicago: After Selling Roads, Parking Meters, Mayor Mulls Leasing Water System

http://www.puppetgov.com/2009/10/26/firesale-chicago-after-selling-roads-parking-meters-mayor-mulls-leasing-water-system/


Chicago Scores $1.16B With Meter Lease Deal - Bond Buyer Article


http://www.bondbuyer.com/issues/117_230/-297115-1.html


Foreign Investors Lease US Toll Roads


http://lighthousepatriotjournal./2006/07/15/foreign-investors-lease-us-toll-roads/

Chicago is used as an example: “Last year, the city sold a 99-year lease on the eight-mile Chicago Skyway for $1.83 billion. The buyer was the same consortium that leased the Indiana Toll Road – Macquarie Infrastructure Group of Sydney, Australia, and Cinta Conseioners de Infreastructuras de Transporte of Madrid, Spain. Chicago used the money to pay off debt and fund road projects. Skyway tolls rose 50 cents to $2.50; by 2017, they will reach $5.”

And in South Africa, nearly all the government roads are tolled and many don't even have alternate routes.

You people really need to get off the emotions and start smelling the coffee.
you failed to answer an important question he asked. . .why does the road cost more to build in lagos? all the reasons you pasted above can be seen as reasons why it should NOT cost more than it would cost to build same road in said rural areas.
PoliticsRe: Fashola Suspends Lekki Expressway Toll Collection by netotse(m): 11:02pm On Jan 03, 2011
@babapupa
that's a thoughtless thing to say(or even think). you sef know that if BRF were rumoured to have said that in public his chances of winning a fair election will drop by at least 20%.
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 2:01am On Jan 03, 2011
OAM4J:
Now that they have finished the fund, what's next? Start borrowing?

I weep for Nigeria. Obj left $27B in that account and less than 4yrs after, it's all gone with nothing to show for it. sad cry
there's the sovereign wealth fund they're trying to pass now. . .
PoliticsRe: Saraki Leaves PDP In Frustration by netotse(m): 7:45pm On Jan 02, 2011
oyb:
the issue i have with a break up is this

i see three maybe four nations states

the southwest
biafra
the north
the nd

the unit that i believe will be viable in the short run is the southwest

of course  break up is more complicated than that, what with a multiethnic police force ,army, navy, air force, businesses with multiple branches across the country


biafra, if what has happened in the past year is anything to go by, will disintegrate into a hotbed of vicious aggressive criminality. futhermore, it will be an odd state of affairs, ibos being the most dispersed nigerians. i have met ibos selling dvds in zamfara. will all these people abandon their markets for the small picking selling among themselves?

the north will disintegrate into religious fundamentalism. it may eventually break further into muslim and christian states.

the nd - i have said it before. there was even a thread that joking addressed the issue. the folk there seem to belive all issues are best resolved with violence. nuff said.

so even if we are able to split amicably, a sw wll still have several unstable entities in its immediate vicinity. so we are still screwed.

and as before a break up will resolve nothing

the nd will simply exchange north south beef for ijaw itsekiri beef - which was previously shelved

note that the jos , and ijaw itsekiri beef came about in a democracy - the african way of fighting for political supremacy

expect more of the same. maybe it will be the isokos who will be shouting marginalization and emacipation
ouch. . .it's true sha o. . .i cant count the number of times i've thought 'if i woze that e-diot his head will sort itself out. . . grin
PoliticsRe: Saraki Leaves PDP In Frustration by netotse(m): 7:17pm On Jan 02, 2011
eku_bear:
I'm not sure what the significance of what exactly the percentage is. In fact, I was under the impression that it was wholly privately owned, and that Lagos didn't have any share in it. Just that a corporation found it advantageous to locate power generation there.

Anyway, the point is that Lagos would be able to quickly get electricity up and running if it were not subject to the regulations and whims of the Nigerian FG (that include sending the generate electricity to the national grid rather than keeping it for their own use.)
lagos gets the lions share of electricity in nigeria dont know the percentage, but it is wayyyyy more than 210MW. Heck back in 2007 some transmission folks in lagos told me that 2000MW would even satisfy lagos. . .
PoliticsRe: Relocation To Nigeria From The Uk 2011. Am I Mad Or Is It Possible ? by netotse(m): 7:09pm On Jan 02, 2011
buzugee:
absolute bollocks. all you need to know is that those foreign companys pay 50 percent tax to the govt. does it matter who is running it ? and those foreign companys employ the locals.
i think you need to do a research on whats happening around the world. the easiest and most cost-effective way to run a country is to put all the major depts in charge of foreign investors, let them do all the hardwork and maximize their profits, employ your locals and pay you 50 percent tax. every country in the world is doing it now. chicago just sold all the control of its parking meters and other huge depts to foreign investors. now they dont have to worry about nothing but collecting 'kachinggggggggggggg'. britain just sold gatwick to foreign investors, now all they gotta do is sit down and collect free money. this is how business is done in the new world order chief. get with the times. you outsource the hardwork and then sit down and collect the proceeds. america and britain have sold a huge chunk of their country to foreigners. but so long as they are getting the taxes, its good business.
like MTN does in nigeria abi? it's like you dont have any idea of the amount of capital that leaves nigeria monthly. MTN used nigeria's money to expand across the entire continent, infact, it got so bad that when vodacom realised it was nigeria that was causing it, they tried to get into the nigerian market. . .
PoliticsRe: Saraki Leaves PDP In Frustration by netotse(m): 6:56pm On Jan 02, 2011
oyb:
thank you. i ws about to start calling some peeps in my company to confirm

note the bolded.

i have been  on xmas break sinec the 24th. i have been running on generator for at least five straight days.

there is darkness everywhere

there have been several threads in which privatization of nepa has been championed.

so what electricity subsidy is being lied about here?
see ehn you people should go and appease the PHCN folks in your zone, you guys must have offended them cheesy. . .
PoliticsRe: Saraki Leaves PDP In Frustration by netotse(m): 6:53pm On Jan 02, 2011
@dapo bear
lagos has a 21.5% stake in AES. . .it doesn't own it, we've discussed this before haven't we?

as per the subsidy, it isn't that straightforward, a subsidy on petroleum is a susbsidy on transport and we all know if transport prices go up, all other sectors will be affected.
PoliticsRe: Saraki Leaves PDP In Frustration by netotse(m): 6:33pm On Jan 02, 2011
actually there's an electricity subsidy, that's why Rilwan Babalola fell out with Ransome Owan and co.

link

PHCN colllects somewhere close to 10billion a month in electricity bills but spends 15 - 17 billion. The short fall has to come from somewhere. . .

@beaf only pms is subsidized in nigeria
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 5:16pm On Jan 02, 2011
klas:

Revenue allocation formula is not enshrined in the constitution otherwise tell us the section. It is supposed to be an Act of Parliament but the last Act was passed in 1982 under Shagari. New Act could not be passed under Obasanjo because of disagreement between the presidency, Revenue Allocaton Commission and the National Assembly on the procedure to be adopted in sending the bill to the NA. Obj just issued a presidential proclamation adjusting the 1982 allocation to incorporate 13% derivation and the supreme court judgement then which rendered invalid some aspects of 1982 Act


The Minister was not really correct in refering to ECA as budget-financing. Was it included as source of funding the budget by the national assembly? It would have formed part of the federal allocation if that were the case? Under Obj, states must submit specific projects to the office of president - (special duties) before the president would authorise that  allocation be made from ECA. ( I am not saying that such guaranteed that the funds were not eventually wasted but there was a benchmark)

Furthermore. the minister should know that the NA only extended the 2010 budget of the fed govt to March 2011 not those of states because NA cannot legislate for states on appropriation matters. So if state houses of assembly have not extended their own budget period, how will the governors spend the allocation made  on the last day of the year which expired 12 midnight on 31 December. How will they roll it over into 2011  budget which has already been presented to the house of assembly?
are you sure about this? i was under the impression that it's the RMAFC that determines the sharing formula to be used, i know a new one was determined during OBJs tenure. I seem to remember it being tinkered with more than once sef.
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 1:40am On Jan 02, 2011
debosky:
The briefing only came about afterwards and it was an emergency meeting. If respected news organisations like the Guardian are saying there is something unusual about the meeting resulting in this disbursement, then eyebrows will definitely be raised. Why was disbursing this money the only item on the agenda? Why was it held on the last day of the year?

The meeting was equally shrouded in secrecy, devoid of the normal publicity and openness of discussions and sharing tables.


http://www.ngrguardiannews.com/index.php?option=com_content&view=article&id=34118:posers-over-sharing-of-1b-by-govt-on-new-year-eve&catid=1:national&Itemid=559

Normal questions anyone would ask - pardon those of us that didn't get a chance to watch the press briefing so please give us a summary of the rationale behing this (as explained in the conference) if you can.

Even at that, he was a part of the previous government was he not? It's a bit slope shouldered to absolve GEJ from spending under a government where he was VP.

Even if we ignore the previous $15bn, can we identify the 'capital projects' that the remainder of the ECA funds have been spent on?

I don't think this is about the legality of the sharing, the greater concern is that there doesn't appear to be any specific target for these funds beyond 'capital projects' which can mean nearly anything in Nigerian political parlance, especially in an election year.
why you wan turn me into defender of GEJ now? wetin i do you? grin

GEJ as VP? having a say in the affairs of govt? haba. . .debosky you sef check am, he was a glorified speech-giver

if they say capital projects, then they would have to have been captured in the 2011 budget which UMYA presented right? and the FEC sits and approves contracts every wednesday(which i think is a silly idea), why cant it be for that? sebi the ECA is a budget financing-something cheesy

while i agree that it's possible the money could be election money, there's nothing illegal about the process of disbursement as far as we can tell, so the 'secretly' in the topic is simply an attempt to sensationalize issues.

P.S. i wasn't paying attention to the yarns i was trawling channels looking for news on the bomb blasts, but i caught all the stuff the article writer mentioned.
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 1:07am On Jan 02, 2011
Rhino.5dm:
@ bold. stop spewing out trash f**l, follow the link before showing your stupidity publicly. was i the one that added the "secretly" title to the article??

just address the issue raised. period!
if the minister of state for finance was able to answer questions and all the RMAFC commissioners where there, how is the sharing illegal?

debosky:
According to allafrica.com, there was $20 billion in the account as of January 2009. This means we have spent nearly $20 billion in addition to the regular oil receipts over two years and we can't clearly point to what this expenditure has achieved.

http://allafrica.com/stories/201002160320.html

We hope, and I mean hope the $5bn supposedly spent on the IPP projects eventually begin to yield fruit, but I am not very optimistic.

Spending $1bn without any clear plan or detail of what this money is aimed at is highly irresponsible.
it wasn't spent, it was disbursed to the different tiers of government. It was on TV on the 31st, that's why the matter is even pissing me off, i watched the press briefing after the meeting on (national tv), next thing i'm seeing 'secretly'. . .

heck, when GEJ was sworn in, there wasn't up to 5bn in the ECA. . .so why is GEJ being blamed?abi na him spend 15bn in less than a year?

the RMAFC commissioners were there, the state commissioners of finance were there, NNPC, NCS, etc were there, so what was shady about the meeting? if govt wants to share money.
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 12:33am On Jan 02, 2011
macjive01:
you answer the damn question: how much was in the ECA account?

a president that would spent 10 billion on party ?? no prudence ! no sense , . . even the cheap common one.
anyone that followed the events that led to GEJ becoming president will know how much cos one of the first things he did on becoming president was share money from the ECA. go and read it up. . .

he spent 10billion naira on 50th anniversary sey? under whom was the initial budget drafted? the one that was more than 40 billion?

it's not by force to like GEJ, but it becomes a problem when you're not going to be sensible(if not honest about it. . .)
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 12:26am On Jan 02, 2011
macjive01:
i feel like crying , crying for this nation. WHY IS GEJ such a BIG FOOL!!!!!

so this fisherman has wipe out Nigerian coffers?

God! please we really need your intervention.!!!!

So GEJ has depleted $32 billion that soludo and OBJ saved up for nigeria huh

even the $1 billion that was keep aside for sovereign fund has also been shared??

God if u exist please why wouldn't you strike Jonathan deadhuh

biggest fool on planet earth. PHD my foot!
that's why you are a fool. . .how much was in the ECA when GEJ became president? I'm getting pissed sef, in the original article, the minister of state for finance answers questions from the reporter and yet the OP(a know GEJ-hater) adds 'secretly' to the topic. . .talk about brazen idiocy.
PoliticsRe: Fg And States Share $1 Billion Secretly. by netotse(m): 12:12am On Jan 02, 2011
it was on the news. . .there was nothing secret about it, the minister of state for finance was the one answering questions from reporters.
Nairaland GeneralRe: Chaircover Emerges Family Section Poster Of The Year 2010 by netotse(m): 11:14pm On Jan 01, 2011
Ileke-IdI:
When "I" or when "we"? undecided
3 more months darlink tongue
3 months ke? you know say i don ready tay tay now. . .i don identify the spot where we go dey sleep under the bridge sef. . . grin

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