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Politics / Re: Nigeria Excluded From U.S.’ $91 Million COVID-19 Response Fund To Africa by olaNL: 5:14am On Jun 19, 2021
Abeg, it is not every time we should be doing long throat for all this foreign aid. We should have small respect for ourselves.
Politics / Re: Gombe Tops National Ease Of Doing Business Ranking, by olaNL: 8:29pm On Jun 17, 2021
I sense that sooner or later they will start grouping the result of the assessment based on geopolitical zones. So there will be the best state in each zone. This is in order not to make some people feel bad that their region is not doing well (just as they do with quota system) and they might not release the actual score. At least it will reduce the efforts some state will make in order to manipulate the result to favour them. After all, we are in Nigeria.
Investment / Re: Jack Dorsey: The People Of Nigeria Will Lead Bitcoin by olaNL: 10:26am On Jun 13, 2021
Ordinarybob:

Can't you see that our economy is being played upon especially China they want full control of Nigeria

The west do the same though IMF and World bank
Investment / Re: Jack Dorsey: The People Of Nigeria Will Lead Bitcoin by olaNL: 10:24am On Jun 13, 2021
djsjxjfjdisjdjb:


You dey regulate the food wey people dey chop? crypto currency was never meant to be a regulated sector. Infact, for all reasons, it was formed to not be regulated. If you say you no wan use am, no touch am. period.

Just one tweet from Elon Musk will crash it by almost 10%. Isn't that market manipulation.

1 Like

Investment / Re: Jack Dorsey: The People Of Nigeria Will Lead Bitcoin by olaNL: 9:56am On Jun 13, 2021
This guy will just use some people's intellect to play ludo. When the CBN ban crypto transactions everyone was just shouting and criticising the government few weeks later china also banned it and bitcoin crashed making people to loose money. And recently, there are calls from different nations about regulating crpto.

Sometimes no matter how much you hate the government, you just have to have faith in them regarding some issues because they are more informed in some aspect.

80 Likes 8 Shares

Jobs/Vacancies / Re: Pwc Graduate Recruitment 2021 by olaNL: 9:22pm On May 09, 2021
Salientsinmi:
In the middle of my verbal test my computer went off and there is no light. God perfects the rest. All on God but it pain me oo �

I think you should still be able to retake the test or continue from where you stop. The instructions mentioned something like that.
Jobs/Vacancies / Re: Pwc Graduate Recruitment 2021 by olaNL: 3:23pm On May 06, 2021
charlesu49:


Hello, I sent you a mail, let us connect, need to ask you some few questions if you do not mind.

Please ask it here and he can also answer here. Let us all benefit from the knowledge.
Jobs/Vacancies / Re: Pwc Graduate Recruitment 2021 by olaNL: 9:10am On May 04, 2021
Studyhub20:
Has anyone been gotten back to? From the proposed date schedules, SHL Online tests (Numerical and Verbal) is supposed to hold from 7th-10th May 2021. Unless it has been postponed.

Where did you get this dates from?

1 Like

Politics / Re: Post Military Personnel To All Schools — Atiku by olaNL: 7:43am On Feb 18, 2021
You see you kind of leaders we have in this country. This is just like applying band aid to injury and needs stitching. Treating the symptom instead of address the root cause of the problem.

Nigerians have the come together and agree that our internal security architecture has failed woefully and needs to be reviewed. In my opinion, state police is the way to go.

1 Like

Politics / Re: FCTA Bans Open Grazing In Abuja, Establishes RUGA In Three Area Councils by olaNL: 6:12am On Feb 18, 2021
This RUGA approach is not sustainable most especially in the nations capital. Soon, with its fast growing development, there will be no land to spare for it. Anybody that wants to rear cattle should go and buy land or lease a land just like a farmer will do. That's the only solution to this crisis.
Politics / Re: David Mark's Daughter, Blessing Onuh, Join APC by olaNL: 12:04pm On Feb 16, 2021
While our political representatives should at least be the best people among us, the opposite is usually the case.

4 Likes

Politics / Re: Nothing To Show For Buhari’s Investment In SIP - Ndume by olaNL: 12:08pm On Jan 29, 2021
What does he mean that there is nothing to show? What about the following programs that are regularly reported in the media

NPower
TraderMonie
Market
CCT
And so on and so forth.

Maybe what he means is that he as a senator have not personally benefited from any of the SIPs. Maybe he should go and ask his constituents I am sure there are some of them that benefitted.

2 Likes

Jobs/Vacancies / Re: NCDMB 2020 Oil and Gas EH & GT Jobs by olaNL: 7:10am On Jan 26, 2021
Joshbass:


Then wait for the mail and log in with the details that will be sent to you...

Okay.
Jobs/Vacancies / Re: NCDMB 2020 Oil and Gas EH & GT Jobs by olaNL: 7:09am On Jan 26, 2021
Okay, here is my theory, maybe the test invitation will be sent out in batches so as not to overwhelm the site as was the case during the first test. The only way to make that successful is if the test questions are changed for each batch for persons writing the test.

I hope they have learnt their lessons.

2 Likes

Jobs/Vacancies / Re: NCDMB 2020 Oil and Gas EH & GT Jobs by olaNL: 6:58am On Jan 26, 2021
heed101:
Did you receive test invite?

No
Jobs/Vacancies / Re: NCDMB 2020 Oil and Gas EH & GT Jobs by olaNL: 6:58am On Jan 26, 2021
Joshbass:


If you got the invite, log in with the username and password sent to you

I didn't get the invite. Though the only mode of communication between Testmi and I is through email and I haven't received any invite by mail or sms

1 Like

Jobs/Vacancies / Re: NCDMB 2020 Oil and Gas EH & GT Jobs by olaNL: 6:17am On Jan 26, 2021
I have not been able to access the l
Testmi test portal, it keeps telling me invalid email or password and I am sure of the details I provided.

Is anyone experiencing same issue and what could be the cause.

2 Likes

Politics / Re: FFK: I Don't Subscribe To The View That All Fulanis Should Be Given Quit Notice by olaNL: 5:45am On Jan 23, 2021
I am also of this opinion. It is not right to blame all Fulani people for the action of a handful of them. And as Nigerians, they are free to reside in any part of the country as applicable to people from other tribes

17 Likes 3 Shares

Travel / Re: Private Firm, SecureID To Manage Abuja-Kaduna Rail E-Ticket For 10 Years by olaNL: 10:58am On Jan 22, 2021
wolebaba:


Have you been to the station before and after this project?
Do you know the terms of the project.
You sit in your house and assume the whole thing is only about online ticket purchase.

Have you seen the Vending machines installed?
Even the people selling the tickets before now have ticketing machines?
You go there now my phone is seeing wifi in NRC name.(Although I could not connect)
There are now automatic access machine that will scan your ticket and allow you to pass.(Plenty ones) How much do you think they sell these things?

All these for 5 stations oooo.
You people will just sit on your computer and be assuming cost of things. How many computers, Servers and other equipment do you think was brought in for the project and how much do you think Server sells for now?

Okay. I hear you.
Travel / Re: Private Firm, SecureID To Manage Abuja-Kaduna Rail E-Ticket For 10 Years by olaNL: 9:05am On Jan 22, 2021
freeman67:


You did not understand the message passed before commenting. Check the word concession in the dictionary first. Do you know the terms of the contract? Do you know how much they have paid or will be paying the Federal Government on it?

If you don't, then you do not have enough knowledge to comment on whether it's expensive or not. It much more than just developing a website or an app.

The article says they will "recoup" 900million in ten years. Meaning that they will get back their investment in the project plus profit which altogether becomes the 900 million. Let's even say they want to make a profit of 100% in that period, are you saying it will take 450 million to procure an e-tickting platform? Airlines use similar platform and I am sure they do not spend that much on theirs.

I assume you also do not have access to the contract so we are both basing our judgement on the news article.

PS. The last paragraph in my initial comment was for those who "curruptly benefits" from the project. So if I am wrong in my assumption and everything was done in good faith, I do not see why anybody should worry.
Travel / Re: Private Firm, SecureID To Manage Abuja-Kaduna Rail E-Ticket For 10 Years by olaNL: 8:31am On Jan 22, 2021
C'mon, 900million for something that could be done with far less. If they even say that it would take 90 million at least it is still understandable given the Nigeria context. I don't think there is any justification for spending such huge amount

freeman67:


Seek to understand the message first before you start offering prayers that may turn back to hurt you.


Even if the company is own by one of them, so long as it will reduce racketeering and unnecessary bribe seeking attitude of those NRC the workers
Travel / Re: Private Firm, SecureID To Manage Abuja-Kaduna Rail E-Ticket For 10 Years by olaNL: 7:02am On Jan 22, 2021
900 millions for e-ticket platform shocked. May God help us in this country o. If I am not mistaken, the platform will operate the same way airline online booking and ticketting works. Which is just an web applications that can be maintained by a team or two teams IT professional. Web applications that can be bought for at most 1 million let's even add training and hardware, it should not be more than. 10 million naira.

This is my prayer, any government official either civil servant or politician that is benefiting corruptly through this process and similar ones like this. May the money choke him/her and not enter his/her stomach, s/he will never enjoy it.

10 Likes

Jobs/Vacancies / Re: Apply For 2019 NNPC Graduate Trainee And Experience Hire by olaNL: 1:52pm On Dec 28, 2020
Henryfly:
Good afternoon, anyone from NCDMB trend, did you notice our trend has been removed?

Yes. I think it was because people started sharing whatsapp group link and their phone numbers which I think is against the rules
Politics / Petrol Tariff Increase - Why The Hullabaloo? by olaNL: 11:04am On Nov 30, 2020
Talks of the total deregulation of the petroleum sector has been in the public space for some time now. When price of petrol was increased from 143 to 153, I remember telling my mum about the increase and also told her that there is the possibility of further increase in the future. This is because my understanding of what happened then was that the petrol price has been deregulated and the era of subsidy is over. This was even before NLC started their negotiation with the government. My conclusion was further reinforced when I saw the agreement between the government and NLC. The agreement basically accepted the deregulation but so as not to be seen leaving the negotiation table empty handed, NLC gave some demand to the government team which was accepted. Some of these demands include the revamping of the Portharcort refinery so that it would be at a production capacity of 50% by the end of 2021 and also put policies in place for the adoption of gas as fuel for cars and distribute a certain amount of conversion kits. I would have posted the agreement here but I could not find it online.

So when the price of petrol was further increase from 153 to the present retail price, I was surprised by the uproar it gathered in the public space. The increase was to be expected given that the price of the raw material which is crude oil has also increased internationally. From the reactions of NLC and most especially the media, it is like they don't understand the terms of the agreement they reached with the government team (or maybe I am the one that do not understand).

The retail price of petrol is determined predominantly by two factors, the price of the raw material (crude oil) and foreign exchange. As of present, the government have allowed the price of the finished product (petrol) be datamined by the price in the international market which is directly proportional to the price of the raw material. But from what I read somewhere in the media, the foreign exchange used in procuring the petrol is still regulated. That is the naira-dollar exchange rate used in procuring the petrol is lower than the market price thereby putting pressure on our foreign exchange reserve. So if the government should hands off controlling the two major determinant of the price, the retail price of petrol would even be higher than it currently is.

Is the government justified in removing the subsidy given the present economic situation?

Answer to this question would depend on who you ask. If you should ask a politician or politically inclined person, the answer would either be Yes (because they are in support of the government in power) or No (because they do not support the present administration). Personally, I would like to ask the economist in order to get an objective and data driven answer. Since as far back as 2014 or thereabout, the finance minister came out to say payment of petrol subsidy is not sustainable and is riddled with corrupt practices and tried although unsuccessfully to remove the subsidy at that time (at the time the country was performing better in terms of revenue compared to present) and the present government have tried to remove it in one form or the other. Even external bodies like the world bank, IMF etc. supports the removal of the subsidy.

The removal of petrol subsidy is very unpopular among the general public given the trickle down effect it has on the economy like the increased price of transportation, food, etc. (Even general inflation in linked to this) but it is a sacrifice we have to make given the present situation we found ourselves. The 2021 budget which does not include subsidy payment is about 12trn naira with a deficit of about 2trn (this figures may not be correct as I can't remember the exact figures but it is something like that). This 2trn naira is money that have to be borrowed to finance the budget and assuming an ambitious revenue performance of about 70%, there is still a lot of projects left unfunded. Now, if petrol subsidy is included ( about 500bn to 1trn naira) where will be money to finance it come from? Except we want to start borrowing to finance petrol subsidy, then I don't know how else the subsidy is possible. Personally, I would rather have my borrowed money go into financing capital expenditure and investments rather than a recurrent one like petrol subsidy.

What is the way forward?
There are two ways this could go with regards to government negotiation with NLC. Either NLC agrees with the continuous deregulation of the petroleum sector (this would lead to periodic variation in the price of petrol in accordance with the price of crude oil) and hold the government by the neck to see that their demands in the previous negotiation are implemented or go on strike and request for some kind of subsidy on petrol (personally, I do not support this). Assuming NLC decides to go for the second option, my advice to the government is that if subsidy is to be reintroduced, it should be in the form of a percentage to the retail price (lets say 5% - 10%) example if you should buy petrol of 1000 naira, you pay 900 naira and the government pays 100 naira (10%) as subsidy. This way, the government would not have to absorb the full impact of the variation in the price of petrol. I would also advice the government not to use the foreign exchange reserve as a form of petrol price regulation as it is best used in financing other capital investments.


cc lalasticlala
cc Mynd44
Politics / Re: 2023 Presidency: The APC 'Gang Of Four' by olaNL: 11:15am On Nov 29, 2020
I like this piece. I also like the wrong style. Articles from this source should frequent the front page more often
Jobs/Vacancies / Re: OilandGasJobs Recruitment 2020 by olaNL: 9:33pm On Nov 14, 2020
What can be done? My test has not been able to submit for some time now.

Jobs/Vacancies / Re: OilandGasJobs Recruitment 2020 by olaNL: 8:28pm On Nov 12, 2020
laff2016:
Is there any need for me changing my default password?The last mail says that we can use either the default password or the new one.

Yes, you have to change your default password or you may not be able to log in on the day of the exam. Please go through the FAQ link that someone posted earlier it contains very important information.

1 Like 1 Share

Jobs/Vacancies / Re: OilandGasJobs Recruitment 2020 by olaNL: 8:34pm On Nov 10, 2020
steven100:
I think the CBT option is for people who can't access a computer. If you have one you don't have to go anywhere you can write your test from your house

Please don't misinform anyone. The email didn't mention anything like that. Better safe than sorry.
Jobs/Vacancies / Re: Deloitte Graduate Recruitment 2020 by olaNL: 10:14pm On Nov 09, 2020
I would like to advise others taking the test that they should make sure applications like Skype and zoom are not running either foreground or in the background. I had to uninstall the Skype application on my laptop because it automatically runs in the background upon booting. These applications might hinder the test app from accessing the Webcam. Also go through the FAQ that was stated in their original email.

4 Likes 1 Share

Jobs/Vacancies / Re: Deloitte Graduate Recruitment 2020 by olaNL: 10:04am On Nov 05, 2020
Are we to use chrome/firefox browser for the test as instructed in the earlier part of the reminder email for the test or we will have to use safe exam browser that we are instructed to download.
Jobs/Vacancies / Re: Deloitte Graduate Recruitment 2020 by olaNL: 8:56pm On Nov 04, 2020
Morkavictor:
please how can I upload the documents stated.

After clicking on your deloitte application, it will bring a page were you will see the documents you uploaded when you applied on the right side of the screen. You can delete anyone you like there and also add to it by clicking the "Add" link located above the list of documents.

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