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Parachoko's Posts

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PhonesBTEL Becomes Nigeria’s Newest Entrant To Compete With MTN, Glo As Mobile Network by Parachoko(op): 8:42am On Jun 14, 2023
A new bride has hit the Nigerian mobile network business to entrench the competition in the country’s juicy telecommunication sector.

BTEL, operated by BRICLINKS Africa PLC (BRICNET), said it has been licensed by the Nigerian Communications Commission, NCC, to operate as a Mobile Virtual Network Operator (MVNO).

The new entrant received the Tier 2 license out of the four license categories offered by the NCC.

BTEL said in a regulatory filing on Tuesday that the NCC approved the license on the 1st May 2023 to enable Briclinks Africa Plc to “operate alongside other Mobile Network Operator (MNOs) such as MTN, AIRTEL, GLO, and 9MOBILE by riding on their existing infrastructure.”

An MVNO is a telecommunications product and service operator that rides on top of the capacity of a fully Licenced Telecommunications Service provider or Mobile Network Operator (MNO).

NSIA Signs MoU With NCCC On Management Of National Carbon Registry, Emission Reduction

The MVNO reaches a “Wholesale Agreement” or “Revenue Sharing Agreement” with the Telecommunications Company
(Telco) through negotiations and delivers its services after bulk purchasing resources from the Telco.

Based on the licensing framework for the establishment of MVNO in Nigeria, a Tier 2 license holder can own and issues its SIM; own and operate its own Intelligent network and own and Operate EIR/HLR/AUC/HSS

NCC framework state, “A Virtual Operator (VO) within this tier assumes more control of the value chain which allows it to significantly differentiate itself from its host. The VO does not have Core Switching and Interconnect capabilities but can set up its own Intelligent Network (IN) to provide its own IN services to the customer.

“It can own more of the customer segment than Tier-1 operators with the capacity of establishing its own Home Subscriber Register or Authentication centre, Equipment Identity Register, and Home Location Register, if it desires to.

“They rely on the number ranges of their host MNOs although they have access to short codes or premium numbers for customer care and must adhere to the guidelines set forth by the Commission. Its capacity to control its own tariff structure and packages to a high degree allows it to generate its own revenue through traffic from its own customers but relies on a shared revenue structure with the host for inbound calls.”
https://thewhistler.ng/btel-becomes-nigerias-newest-entrant-to-compete-with-mtn-glo-as-mobile-network-provider/

PoliticsRe: Tinubu Rewards Jack Rich With An Oil Export License by Parachoko: 8:23am On Jun 14, 2023
So not only Dangote was given the license to
PoliticsRe: We Didn’t Give Dangote License For Fuel Import ― NNPCL by Parachoko: 8:15am On Jun 14, 2023
mrvitalis:
I told them this Dangote refinery was designed to fail

Who designs a refinery of 650,000bpd as a single train?
Even as a baby engineer I know it's messed up

He never planned to refine anything
You're dull abeg
PoliticsRe: Mamman Daura Falls Ill After Godwin Emefiele’s Arrest - Sahara Reporters by Parachoko: 7:40am On Jun 14, 2023
We shall see how truly powerful he is now that Bubu is no more the President
PoliticsRe: Subsidy Removal: Marketers Galvanise For CNG Rollout At N100/litre by Parachoko: 7:34am On Jun 14, 2023
These useless marketers, I hope they won't jack up the price of CNG
PoliticsRe: Press Release Issued In 1980 By The Defunct Nigerian Students Loan Board by Parachoko: 5:06pm On Jun 13, 2023
To carry Government loan run away don become very tough now

Technology don make things easy for the Govt
PoliticsRe: Tinubu Will Not Win This Election by Parachoko: 4:10pm On Jun 13, 2023
CYBERSOLDIERSre:
you yorubas should forget about Peter Obi and focus on the trend....
politicians come and go....

Induvidual is more important than party in nigeria today because the masses are tired of political parties.PDP and APC failed....
grin
Politics2023 Electricity Act Interprets Bypassing Electricity, Others, As Theft by Parachoko(op): 3:26pm On Jun 13, 2023
Electricity theft: 2023 New Electricity Act signed by Tinubu introduces jail terms, fines for offenders

A technician with an electricity distribution company stands on a ladder and repairs a faulty line in Lagos, on September 29, 2020. Image credit - PIUS UTOMI EKPEI/AFP via Getty Images).


The 2023 Electricity Act interprets several actions including bypassing electricity lines as electricity theft and recommends jail terms as well as fines for offenders.
Those who tamper with meters or install tampered meters, and loop connections that hinder accurate metering of electric current, are guilty of electricity theft.
First-time offenders and repeat offenders are liable for jail terms of up to between 6 months and five years, depending on the offense.

A Nairametrics review of the 2023 Electricity Act recently signed by President Bola Ahmed Tinubu reveals that the Act interprets several actions including bypassing electricity lines as electricity theft and recommends jail terms as well as fines for offenders.

According to the Act, engaging in activities that tap, connect to, or interfere with licensed, franchised, or permitted overhead, underground, or underwater lines, cables, service wires, or facilities, is considered an offence.

Also, tampering with meters or installing tampered meters, current reversing transformers, loop connections, or disruptive devices that hinder accurate metering of electric current, leading to electricity theft, wastage, or damage to meters, apparatus, equipment, or wires, are also offenses.

Additionally, unauthorized use of electricity or using it through tampered meters, or utilizing electricity for unauthorized purposes, resulting in unlawful consumption or usage, are also guilty of electricity theft.

Punishment
The Act says that upon conviction, the offender shall be subject to imprisonment for a term exceeding three years, a fine, or both imprisonment and fine. If the load consumed or used, or attempted consumption or use, does not exceed 10 kilowatts, the first conviction shall warrant a fine no less than three times the financial gain resulting from the electricity theft.


In the case of a second or subsequent conviction, the imposed fine shall not be less than six times the financial gain. If the load exceeds 10 kilowatts, the first conviction shall result in a fine no less than three times the financial gain from the electricity theft.

For a second or subsequent conviction, the sentence shall include imprisonment for a period not less than six months and not exceeding three years, along with a fine no less than six times the financial gain.

Electric lines and materials theft
According to the Electricity Act, any individual who unlawfully cuts removes, takes away, or transfers any electric line, material, or meter from a tower, pole, installation, storage site, or any other location where it is rightfully located, including during transportation, without the consent of the licensee or owner is guilty of electric lines and materials theft.


The Electricity Act says it does not matter if it is done for profit or gain. As long as the individual possesses, stores, or keeps any electric line, material, or meter in their premises, custody, or control without the consent of the licensee or owner, they are guilty of electric lines and materials theft.

If any individual transports, carries, or relocates any electric line, material, or meter without the consent of the licensee or owner, they commit the offense of stealing electric lines and materials.

Punishment

The offender shall be liable to imprisonment for a term of no less than three years and no more than five years, or a fine of not less than N500,000, or both imprisonment and fine. If a person, having been previously convicted of these offenses, commits another related offense, the individual or corporate entity shall be liable for a term of imprisonment of five years or a fine not less than N1,000,000.

What you should know

The 2023 Electricity Act also states that any individual who knowingly receives stolen electric lines or materials, or has reason to believe that they are stolen, shall, upon conviction, be subject to a prison term of fourteen years or a fine not exceeding three times the value of the received stolen property, or both imprisonment and fine.


https://nairametrics.com/2023/06/12/2023-electricity-act-interprets-bypassing-electricity-others-as-theft-recommends-jail-term-for-offenders/
PoliticsRe: How Long Will Shettima Last? by Parachoko: 3:23pm On Jun 13, 2023
AndSunGorilla:
Going by PBAT's history when he was governor, the two deputy governors who worked with him were eventually fired/impeached. Would history repeat itself with Shettima? Time will tell if Shettima will finish strong or get booted out at some point as VP?
He will last for 16 Years
PoliticsRe: Tinubu Meets Jonathan, Akpabio (Photos) by Parachoko: 2:51pm On Jun 13, 2023
Jonathan don move on but Pandora Orchins are still stuck in 2012
BusinessRe: CEO Of Seaman's Aromatic Schnapps Relocates Business To Anambra by Parachoko: 11:58am On Jun 13, 2023
mancoconut:
Igbo investors are finally thinking home, more to come.

https://twitter.com/RealOlaudah/status/1668345401517170695?t=aoj_J2ACs-RuWI8hIBVtLg&s=19[/quote]Stop spreading fake news

Aromatic Schenap is one of the leaders in the gin sector, it makes no business sense closing down their factory in Lagos

They might expand to Anambra, it does not mean they will close down their factory
PoliticsRe: 10th National Assembly Inauguration (Live Update) by Parachoko: 10:01am On Jun 13, 2023
Tajudeen is the next Speaker Of The House
PoliticsRe: 10th National Assembly Inauguration (Live Update) by Parachoko: 9:23am On Jun 13, 2023
Yari dey try o

Akpabio don win though
PoliticsRe: 10th National Assembly Inauguration (Live Update) by Parachoko: 9:16am On Jun 13, 2023
Dem don dey count result for Senate
PoliticsRe: Assistant Director IPPIS Suspended For Salary Padding by Parachoko: 9:13am On Jun 13, 2023
Ofunaofu:
Why was he arrested

Its seems you work with DSS
https://www.thecable.ng/from-terrorism-allegations-to-arrest-a-timeline-of-dss-emefiele-face-off/amp


So you don't even know why Emefiele was arrested, yet, you're constituting yourself as a nuisance
PoliticsRe: Assistant Director IPPIS Suspended For Salary Padding by Parachoko: 9:00am On Jun 13, 2023
Ofunaofu:
Here is one of the approvals

https://www.premiumtimesng.com/news/top-news/566945-why-i-approved-redesign-of-naira-notes-buhari.html?tztc=1
Emefiele was not arrested for redesigning the Naira
PoliticsRe: Assistant Director IPPIS Suspended For Salary Padding by Parachoko: 7:48am On Jun 13, 2023
Ofunaofu:
But the reasons Emefiele is being suspended, arrested and investigated are acts done with approvals granted by the Buhari. Emefiele never acted alone.
If Emefiele is being arrested and charged for carrying out orders handed to him by Buhari, it won't be out of place to arrest the person giving out the orders
Bring out your evidence Buhari approved Emefiele fraudulent activities
PoliticsRe: Tinubu’s 15 Days In Office Leave Investors Excited About Nigeria - Bloomberg by Parachoko: 7:46am On Jun 13, 2023
LagosFirstSon:
Buhari started off like this but ended up disappointing the nation
Buhari didn't start like this
PoliticsRe: Tinubu’s 15 Days In Office Leave Investors Excited About Nigeria - Bloomberg by Parachoko: 7:33am On Jun 13, 2023
Only Bitter and Hate Filled Pandora Miscreants are not excited
PoliticsRe: Assistant Director IPPIS Suspended For Salary Padding by Parachoko: 7:33am On Jun 13, 2023
Ofunaofu:
Tinubu can make history as the first democratic president to arrest a former president and charge him of corruption
If you have any corrupt evidence against any of the former president, go and tender it to the right agency
PoliticsRe: Every Tinubu Supporter Deep Down, Know Tinubu Didn’t Win It FAIRLY by Parachoko: 7:07am On Jun 13, 2023
Please can you explain how Obi win the election fairly?

What's wrong with some of you guys sef?

Obi had more than 90% of the votes in the East, but you expect Obi to defeat Asiwaju and Atiku in the North West, North East and South West.

Some of you are just so irritating with the way una dey think

The most annoying thing about all this is that Obi was a mediocre Governor, nah him una think say other people from other geopolitical regions will vote blindly for.
PoliticsRe: Idara Gold Reposts Same Biafran Picture That Made DSS Arrest Her by Parachoko: 6:58am On Jun 13, 2023
She has seen it all, so she's not scared again
PoliticsRe: Assistant Director IPPIS Suspended For Salary Padding by Parachoko: 6:41am On Jun 13, 2023
Switruth:
under Buhari you were hypocritically all over the place spitting like an idiot. U no dey here you no dey here.
You must be mistaking me for the idiot you call a father
PoliticsRe: Lagos Template:Tinubu 100% Cannot Be Trusted To Sell NNPC Assets For $17.4 BN by Parachoko: 6:40am On Jun 13, 2023
swaggerjack:
Which Lagos is propering? The Lagos in Portugal or the one the Economist said is the second worst city to live in the world?
Please I no get time for garbage talk
PoliticsRe: Assistant Director IPPIS Suspended For Salary Padding by Parachoko: 6:40am On Jun 13, 2023
Ofunaofu:
Tinubu should take a step further by arresting Buhari
Did Buhari arrest Jonathan or Obasanjo?
PoliticsRe: Education Loan: Why Must Applicant Provides Guarantors by Parachoko: 10:24pm On Jun 12, 2023
richidinho:
But the president is anti people already owing to his recent policy decisions
What policy are you talking about that is anti people?
PoliticsRe: Declare June 12 World Democracy Day, Buratai Urges UN by Parachoko: 9:50pm On Jun 12, 2023
Buratai don dey position himself well to become a minister
PoliticsRe: Education Loan: Why Must Applicant Provides Guarantors by Parachoko: 9:46pm On Jun 12, 2023
richidinho:
Each of the guarantors must be a civil servant of not less than level 12 years in service, or a lawyer with at least 10 years post-call experience; of a judicial office of a justice of peace.
No give yourself HBP because of our President.

Calm down

Asiwaju will rule Nigeria till 2031
EducationRe: Steps For Nigerian Students To Access Loan Scheme by Parachoko: 9:42pm On Jun 12, 2023
IbroMaka:
Why dem no specify highest amount that can be borrowed
Which Government school they charge the highest amount?
EducationRe: Steps For Nigerian Students To Access Loan Scheme by Parachoko: 9:38pm On Jun 12, 2023
wunmi590:
cool

Good development, I see student affairs only approving their family and friends application to move to final stage where it will be disbursed...
No b free money
PoliticsRe: Senator Orji Uzor Kalu Withdraws by Parachoko: 9:02pm On Jun 12, 2023
Good One from the SE Senators

They must have gotten a good deal for the SE Geopolitical Region.
PoliticsRe: Hafsat Abiola Knelt Down While Thanking Bola Tinubu (Throwback Video) by Parachoko: 8:57pm On Jun 12, 2023
lonecatt:
a lot you don't know about.
he is a silent achiever, he no be your mate
The joke is on you 🤡


https://www.nairaland.com/870945/what-exactly-peter-obi-doing

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