₦airaland Forum

I don't hav an existing dish. So how much is d total. Also how many channels of nigeria channels. E-mail me: ajibola4olutisr@gmail.com

I live in Agric in Ikorodu. I download a lot. Which sp is d best 4 my area? How about spectranet.

When the news filtered in three weeks ago that one of the transformers in the transmitting sub station in Sabo Ikorodu has broken down we did not take the news seriously until we had spent three weeks in total darkness. The effect of this breakdown affects more than eight towns and the two Dangote industries located in Ibeshe and Ebute.Suddenly two days ago, the light came on. The thunderous cry could be heard in far away Ketu.It was too soon to celebrate as the euphoria did not last two hours. We later heard that for PHCN to be able to distribute the bill for this month without risk in all the affected towns they had to transfer some of the (I don't know what they call it now) from Egbin to the affected towns.

It was alleged that the transformer that got spoiled was installed four years ago when PHCN was to buy a new one but repaired the old one and collected money for a new one from the government. We heard that a new one is suppose to last for at least 17 years. Since the 'new one' installed four years ago could not last the duration, PHCN is now in a fix to ask government for fund to purchase a new one. How much? Just N50M.We now are the ones bearing the cost of PHCN top executive's greed but for how long are we going to endure before the patience of the people runs out. Last week some youth stormed the Ikorodu office of PHCN and manhandled some of the staff.

4 sometime now my etisalat has been showing 'acquiring network address' when connected. Is it my modem or eti?

There are so many factors in involved. Let me know your need like land, machinery, generator etc then I can be able to advice you. You can contact me at ajibola4olutisr@gmail.com

I was never a banker but I am retired too in my prime. Please contact me @ ajibola4olutisr@gmail.com. I am interested in the business.

I bought 50 bag of dangote cement this morning @ N1900 per bag plus N50 per bag for transport. If it is true a bag of 50kg sells @ cotonue for N850 then we are being seriously shortchanged.

What is wrong with you people? The wife of the richest president in the world went with only 32 aides and you are complaning. She should have gone with at least 500 to show them we are still rich. How many people can the presidential plane contain? She need her personal presidential jet. I suggest GEJ should withdraw the budget proposal from the NA and send another one to accomodate that. Dont mind bad belle people. Carry go joo.

It is time we all state what we want. GEJ is smart. This is a prelude to the much desired national talk talk. If BH want the right to cut off hands and legs let them have it. If my brother decide to live in Kano after, goodluck to him.

I have always thought I could forgive people anything, now I know better. May the beef, efisher and all the others in Nairaland die violently in their sleep before this thing is over one way or another for their annoying posts.

It is not time to celebrate. I had wanted the issue of reduction in cost of running govt at all level to be addressed by the occupy Nig and not just fuel subsidy. I predict that in a couple of months we will be begging to buy pms at any price. I spent 30years in the downstream sector and I know how things worked.  The best thing to happen in the industry is the deregulation but I agree that a lot of things need to be put in place first. Ghana did it but people are not complaning because there is regular power supply. The politicians dont earn and streal as much as our own etc. So I still think the strike should have been a protest about the cost of running govt and stealing of our collective resources by the few that are rulling us.

Sentiment apart I think the deregulation is the best thing to happen to the down stream sector and should not be reversed but the pain had to go round for it to be accepted. GEJ should cut all political office holders salary and allowances by at least 60%. He should keep only one presidential jet for himself and his vice. All frivolous provision like 1B for feeding etc should go. How much food can a man eat in a day? Assembly members be it national state or local govt should no longer earn salary but sitting allowance to be decided by the people. The fiscal mobilization or whatever should be scrapped. If the president is ready to make sacrifice them people will listen otherwise another Sonekan senario is about to be played.

Nairalanders were freely giving advice when e we resolved to picket Mike Adenuga but now that we another serious matter on our hands no one is ready to give advice. Please we need your help as we have run out of acceptable options.

Come on Nairalanders we need your advice. This forum has been known for the quality of people that parade this place. We need you to help us solve this problem now. Pleeeeease

I have always thought Nairaland is the place to be when in need of good and quality advice. I was not disappointed during our faceoff with Otunba Mike Adenuga but I am surprised that no one has given any advice on this topic since I posted it. Come on Nairalanders, it is now we need your advice the most.

After a couple of disappointments, the agreement between Mike Adenuga’s Conoil and the Pensioners is now signed sealed and delivered as they say in legal term. The judge having appended his signature now made it a valid legal document of Lagos state law which even Mike Adenuga cannot flout without getting the Bode George treatment.

Many thanks to Nairaland and our friends like Rimms and most especially Adsom who gave me the telephone numbers of some media houses in Lagos state and even promised to come to the picketing with a carton of soft drinks and snacks. We thank many of the media houses also especially Punch who sent reporters to our meetings at the high court and even sometimes come to our meetings in the club. Oh I must not forgot Tunde Moshood of National Enquirer magazine whose article ‘Mike Adenuga in 2.6B Naira pension fraud jolted the Otunba to the bone marrow. The man refused to be intimidated by threats from the big man’s henchmen and spin doctors. More grease to your elbow. We will need more people with conscience like you next year when the push will finally come to a shove. I will not be able to mention many of the blogs and online newspapers that carried my stories and made me a hero among the pensioners but a villain in the Otunba camp. Pointblank news and Saharareporters we also say thank you. Many thanks also to our numerous facebook friends that took our battle up personally. I would have loved to keep you guys updated like I promised, but there is a clause in the agreement banning any of the party from disclosing the content of the agreement. There is no way I could do this without running foul of the law of Lagos State.

Now that the issue of payment is settled, what remains is how best to share the N1.33B among the remaining 480 pensioners. This would not have created any problem but for the simple reason that we have two categories of pensioners. (1) The Consolidated and (2) The non consolidated. I will explain this. In 1999, the Managing Director of the then National oil decided to merge salary with allowances so whatever the company pays its staff is based on the consolidated salary be it leave allowance, pension and so on. When Mike Adenuga bought into National oil in 2000 and appropriated the pension fund instead of transferring it to a pension administrator as demanded by the law, he stopped the yearly 12% pension increase that was even about to be reviewed upward. This made many staff that retired prior to 1999 to remain on a pension of between N3600 and N7000. My pension is more than our chairman who was a Director of Finance before he retired. His pension is not up to N10,000 per month! This is the problem.

It was agreed the pension should be worked out based on life expectancy which is how it is done. 50-60 years =15 years. 61-70 =10 years. 71 and above 5 years. But what salary is to be used? The easy way out is to go into history and consolidate the salary of those that retired before 1999 by adding their allowances then to their salary. This cannot be done as Conoil is not what National oil under Shell used to be. All old records were destroyed when Conoil moved from Eagle house in Marina to Apapa installation some years back. If we use our present pension, those on N3600 will end up getting less than N500,000 while some high flier pensioners will get more than N20,000,000. We all agreed this is not good enough. Our chairman came up with a novel idea that no one should get less than N1,000,000. This is good but how do we work out this?

Our executives came up with an idea that was applauded by the over 77% pensioners who are not on consolidated salary but rejected by the rest of us. We all know that it takes only one unsatisfied pensioner to derail the agreement. They added the 12% increase that was stopped by Mike Adenuga in 2000 for 8 years I.e form 2000 – 2008 when we took Mike Adenuga to court and started the negotiation at the Lagos High Court Mediation Centre and multiply this by the agreed number of years. This was vehemently rejected by those of us on consolidated salary because it made those who were initially on N3600 to now get more than those on N10,000!

So Nairalanders, we need advice on how best to share this money to the satisfaction of everybody. Rimms and dokwus your advices are both welcome.

When Conoil pensioners decided to call off the picketing of Mike Adenuga’s tower on the 14th of this month on account of his having hurriedly signed the agreement reached in court since January many of our online friends and Nigerian pressmen that have been following the development believed we were making a wrong move. Their argument was that we since had boxed Mike Adenuga into a corner, we should go in for the kill and use the opportunity to demand for N2.6B which is the full amount in our pension fund. We saw this as unnecessary since he signed the agreement reached at the Lagos high court mediation centre in which we had agreed to accept N1.033B in lieu of the full payment of the amount in the pension fund.

The fact that he signed the agreement in the night of 12th and I received a copy of the text sent by his company secretary to that effect during church service on the 13th made many of us believed the man was desirous of genuine settlement. Now we are beginning to have our doubt. If Mike Adenuga is using this as a ploy to break our rank by his usual stock in trade as one of our Nairaland supporter said, then he is making a big mistake.

Adenuga’s men have come to court two Fridays now singing the much outdated song of one of the directors remaining to contribute her impute to the agreement Mike Adenuga had already signed. Many of us are beginning to doubt they are not acting out script already written by their chairman. I know many of our media friends are disappointed in the way we have handled this issue so far but I am appealing to them to be patience with us. I am appealing especially to those that have been to our meeting at the Eagle club and our negotiation at the Lagos high court multi-door court house not to write us off yet. The hen not yet dead may still eat the corn. Know what I mean?

That Adenuga is not feeling any sense of remorse in stealing our 2.6B pension fund that was set up before he probably walks the planet earth by Shell West Africa for which he had negotiated to pay less than half of what is in the fund is a marvel and an attestation to the much held opinion by many that the man is heartless. How can a human being with flesh and blood pay 75% of a group of people who have served this country for 30yrs and above N3600 per month! This Adenuga of a fellow is not just wicked but a sadist. Who but a sadist will derive satisfaction in seeing others suffer? Why was stopping the yearly 15% pension one of his first act when he came to National oil? Why did he sacked Mr. Idowu his then Finance Director in Conoil who advised him not to treat the old men the way he was doing given the fact that the fund in question is not part of the asset they bought? Questions, questions and more questions only Mike Adenuga can answer.

Mike Adenuga through his lawyer promised to pay the pensioners the amount stated above without any other condition but his legal team is now singing a different tune. He will now pay N430M representing cash available in the pension fund now and the rest when our shares of N800M are sold. He now does not want anything to do with the sale of the stock in anticipation of the value not being up to the amount it was valued by them. Even at then, our people are ready to take whatever condition he sets as long as we get rid of this man.

We had been on this issue since 2008 during which 25 pensioners had died as at last month. This in effect informed the opinion of many of us who are already above 80yrs old wanting a quick settlement of the case before more of us die. Adenuga antics we believed was to let all of us die so that the money he stole can become his own. Many of my colleagues conceded the idea of going picketing because they had been pushed to the wall. They quickly agreed to suspend it as soon as they heard Adenuga had signed the agreement. This would not have even been made possible but for the internet which we penetrated when we realized the man had the money to buy the Nigeria media to kill any negative story concerning him.

Even though we had called off the initial picketing, we are still ready to match to his office with our placards if by Friday his people come to court still singing the same old song.

Even though this topic is a year old I guess the content is more relevant now than ever with the looming fuel subsidy remover. Moreover, it is now I can afford. Now my question: how much is a 1.4KVA sine wave[?] inverter cost now+ the deep circle battery or batteries and the otherassessories that goes with it? Also let me know the cost of solar panel that can charge it. I live at agric in Ikorodu. E-mail me: ajibola4olutisr@gmail.com or facebook ajibolaolutisr@facebook.com