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Persius555's Posts

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Business › Re: External Reserves Drop To $27.85bn As Foreign Investors Repatriate $30.2m by persius555(m): 11:13am On Apr 06, 2016
Quakertellicus1:
Wailers....food is ready.

On a more serious note...

The problem is that we are not earning enough forex from oil. And we should have saved money last time....but GEJ somehow did not improve on Yaradua's success in raising our ECA to 60bn....he knocked it down to 32bn.

Let's be frank, we have a situation where we are no longer earning enough from oil.(And we are going to earn less as the glut continues) And PMB is not doing what needs to be done....cutting subsides, raising taxes, spending more on power and transport...so that eventually Nigeria would be able to get off oil for good.

Nigeria needs to be free from oil. We need to become a manufacturing power....who manufactures goods for the export market...so that we can be like China....a superpower who gives loans to other poor nations.

So....if you want your ECA imporved....you have to go manufacturing. Oil is a spent force.
I like the way you put it in perspective. If only we can get the power sector running efficiently, the world awaits what nigeria's manufacturing economy can offer the global market.
Unfortunately, the calibre of leaders we have cant see this. They are hoodwinked and hypnotised by petro-dollar. I wish to see a nigerian economy that sells less oil to the international market, more crude for our refineries to work and export to neighbouring economies, lesser dependence on imported rice and frozen chicken. If we can et the power sector running at capacity, the world would take us serious.
Nigerians are hardworking and intelligent people, but we have been cursed by greedy, lazy, myopic leaders who cant see beyond crude oil.
Foreign Affairs › Re: Panama Papers Expos; Iceland's Prime Minister Resigns. by persius555(m): 8:33pm On Apr 05, 2016
It is not in our politicians dna to resign honourably. They would rather go to hell than resign honourably. #SARAKI_SIT_TIGHT
Crime › Re: Girl Shot In The Mouth In Aluu, Rivers State. Graphic by persius555(m): 12:55pm On Apr 05, 2016
She needs to go abroad, right away before our crude doctors do a rubbish job on her. What is it with rivers these days?
Politics › Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by persius555(m): 11:59am On Apr 05, 2016
macof:
so in ur Zombie brain, Nigeria was Better during the over 30 years of Military rule?
pdp destroyed Nigeria yet we never had it bad like this.

PDP came in 1999 u slowpoke. ..Nigeria was never destroyed by PDP, and they never blamed past leaders

apc wailers
Shut up. PDP is the worst thing that happened to our democracy, APC is second.
Politics › Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by persius555(m): 11:47am On Apr 05, 2016
Its obvious the president does not understand economics. The oil marketers know the govt/NNPC could not sustain the sole importation of fuel for long due to orex limitations.
The window of opportunity came and they made the best of it.

Now, we are reverting back to subsidy days, a situation the oil marketers know how to exploit at the expense of the country.
You can be rest assured that the cabals would exploit the system except a fraud proof system is put in place, if such thing exists.

Has anyone wondered how fuel scarcity seems to coincide with general nationwide power outage. I dont want to believe this is mere coincidence. Its part of a grand plan to force the govt and the people to yield to its favor.

Until patriotic citizens join hands together to unravel the modus operandi of the forces working to deprive nigerians of the little joy we are entitled, these people are bent on enslaving nigeria for life.

The president must come out with a long term solution to permanently end fuel importation in this country. Only then will these forces be rendered powerless. Nigeria must be prepared as these individuals will try everything in the crook book to exploit the subsidy system.
Politics › Re: Where Is Minister Lai Mohammed? by persius555(m): 11:16am On Apr 05, 2016
He ran out of lies. He should be back soon with more executive lies. Stay tuned.
Technology Market › Re: Send And Recieve Emails From Your .com, .ng Email Address With Ease by persius555(m):
Technology
Crime › Re: Man Steals Ambode’s ‘light Up Lagos’ Project Cable (photo) by persius555(m): 3:22pm On Apr 04, 2016
The same way these saboteurs vandalise oil and gas pipeline. Until we start sentencing people to death, we might not achieve anything. Why destroy a million dollar project becos of 50,000 naira.
Politics › Re: President Buhari Arrive Abuja From Washington D.C (photos) by persius555(m): 12:11pm On Apr 04, 2016
The president is on a two day visit to nigeria. At this rate, obama would think PMB is stalking him.
Politics › Re: Buhari Says FG Determined To Reduce Nation’s Food Import Bill by persius555(m): 8:38am On Apr 03, 2016
I am sure he must have made this statement more than ten times since inauguration. How is the president going to achive this when he spends more time globe throtting. All i know is 2019, we shall wait for you.
Politics › Re: Sheriff And Fayose’s 2019 Ambitions Tear PDP Apart by persius555(m): 8:28am On Apr 03, 2016
MrAdetunjiBayo:
I see a big boycott in the SE/SS elections with that formula.
Since the north will always vote north, and SW will also vote their own. The SS/SE will also be looking out for their own.

APC will ride roughshod if PDP tries that formular. PDP already has 98% of SS/SE, they must do everything not to lose that.
The PDP has done too little or the SE in terms of political appointment, considering how much support and dedication comes from that region. The least the east should negotiate is the vice presidency. As for the presidency, PDP lacks the capacity to produce a morally upright and voter endearing candidate. Sheriff/Fayose ticket is a mockery of PDP last election loss. Both candidates are a heavy burden for PDP.
Politics › Re: Soldier Working Out Near Sambisa Forest. Photo by persius555(m): 7:24am On Apr 03, 2016
kettykin:
Thanks be to God for south African mercenaries for making it possible for Nigerian military to return to site.
The only reason the SA mercenaries were brought into the fight was because the army had been heavily compromised and the military top brass were feeding fat on the war at the expense of the lower ranking officers who were engaging the heavily armed, financially and tactically co-ordinated (of course helped by informants). Give the NA the best weapons of war and see them fly in colors. The last administrations led by OBJ and GEJ refused to equip our army for reasons known to them. God bless the men of the nigerian army and the entire military.
Politics › Re: How Many Hours Of Power Supply Do You Have In Your Area Per Day. by persius555(m): 3:05pm On Apr 02, 2016
shikshark:
for i.b.....no power everywhere, this is how ibadan looks like @ night
Its not totally black. I can still see what looks like ghost movement in the image. Are u living in mars? Lol
Politics › Re: Buhari Nigerians Are Suffering, US Trip Is “joke Of The Year” - Fayose by persius555(m): 1:27pm On Apr 02, 2016
Fayose is a public nuisance, a nagging bureaucrat who cant shut his mouth and PMB doesnt have a clue, out of ideas, lost and deaf to this economic mystery. KOWA party for 2019, loading......55%
Politics › Re: Fuel Crisis: We’ll Vote Buhari Out In 2019 – Enugu Residents by persius555(m): 9:42am On Apr 02, 2016
DeadWrong:
You're inconsequential in the scheme of things. Jokers! Yeeboes should be ashamed that the 'zoo' is still standing despite the numerous threats. Bunch of online noise makers. Fulani herdsmen have taken over Enugu; they've erected their flags in Abia;
Yewbo women and minors are being kidnapped daily and enjoying the
Fulani blockus. These cowards should do something else they take
over the whole yeeboe land. Not that I care, but we want no more
massive influx of the nyamiris into the SW.
Your moniker says it all.
Politics › Re: DSS Captures Khalid Barnawi - Ahmad Salkida by persius555(m): 9:33am On Apr 02, 2016
Good insight. I always believed the DSS had a good image of how he looks like. Great job if true.
Investment › Re: Are Banks Legally Supposed To Charge Parallel Rate For Online Transactions? by persius555(m): 2:10pm On Apr 01, 2016
9jatatafo:
Can someone send out money through moneygram and westernunion from Nigeria?
Nigerian banks are thieves, if someone wants to collect western union in Nigeria, they pay in the official rate then why charge black market rate when transferring out?
You just spoke my thought. The banks charge official rate when you recieve money from abroad and charge you double when you make payments. Some ignorants say the banks source money from abroad and parallel markets, i laugh fulani... Some days ago, there was a headline that nigerians repatriated $21 billions in 2015. This is the same forex that the banks sell to the locals at almost twice official rate. They do not source their forex abroad or black market. The twosources are CBN and foreign repatriations. Take a look at the volume dollars that all western unions transact on a daily basis and you will realise how much profit the banks are making effortlessly.
Investment › Re: Stock Market Shareholders Lose N1.15trn In Q1 by persius555(m): 1:50pm On Apr 01, 2016
Balkan:
It's Obvious we are worse than before. I voted APC for change but I regret it now. I don't think Buhari is the answer to our problems.

This is the worst way to fight corruption. Developed countries fight corruption by building institutions and strengthening the judiciary. Arresting and detaining suspect has never worked. This same people will get infinite adjournment with the money they have stolen or get presidential pardon.

This administration has no plan for Nigeria.
Imagine a lawyer who is a power minister and works and housing. It like telling and English lecturer to go and be lecturing Engineering courses.

It's a shame
What has fashola got to do with the NSE. Cant some nigerians be objective in opposition. Fashola laid a solid foundation to the present lagos state electrivity agency. That agency has done excellently well in providing and distributing electricity that has been independently generated by lagos state govt through tax money. Fashola's present inability to deliver is not tied to his being a lawyer rather there are unforseen factors which i believe the minister is working tirelessly to unravel. I believe with time, this hidden bottlenecks and hinderances will be exposed as this administration matures. This problem has been in existence for decades. Blaming fashola will not end this debacle rather we should rally round and give him support, condemn his actions constructively and pray he suceeds because if he does we all enjoy the benefit and if he fails we should share in the blame.
Politics › Re: Treasury Looters Should Rot In Jail They Don't Deserve Bail- Falana by persius555(m): 12:31pm On Apr 01, 2016
seunmsg:
I support Femi Falana, if we are serious about fighting corruption, we really need to get very tough on people accused of stealing our country dry. Our laws are just too soft and provides big loopholes for corrupt people to get away. Anybody accused of stealing N10million and above should not be granted bail until the case is finally decided.
I can imagine the stern look on the face of those criminals that populate the national assembly. Assembly of looters and criminals.
Business › Re: FG Declares Emergency Over Fuel Scarcity by persius555(m): 12:26pm On Apr 01, 2016
As long as we continue to fold our hands and make fuel importation a priority in this country, we will continue to have this recurrent issue. It will not stop until we make local fuel refining a priority. Nigeria as a nation has no capacity to manage emergency situations like this. Ten years from now we will continue to have this problem.
Politics › Re: Fashola Settles EEDC And Geometric Power Dispute Over Supply To Aba by persius555(m): 10:00am On Apr 01, 2016
chinchum:
Fashola is 4 months old at his job, but i am certain he will do a yeomans job. He is a fantastic thinker with good attention to details. Some ignorant folks have accused him of increasing electricity tariff, but that is not his doing, the privatised discos signed a multi year tarriff order some years back with the FG, which implies gradual increase in tariff, the recent increment in tariff was due just before the 2015 election, but the then govt impressed it on the discos to suspend till after elections.

From my assessment of Fasholas in his 4 months , he has a draft roadmap for the power sector 2. he has persuaded the discos to suspend service charges on consumer bills 3. he has been able to settle out of courts the protracted legal case that made 300,000 pre paid meters redundant in a ware house.

this news also adds another feather to the cap of his achievements . There are definitely many other goodies in the pipeline, this is not the time to play politics of hate, national election is not holding until late 2018 or early 2019. Apc nd pdp will settle scores then.

He is not the first power minister with no engineering qualification, the likes of Bola ige, liyel imoke, segun agagu e,t.c were once power ministers, but they flunked at their jobs.

I bet that by the time he is 18 months on that seat, most Nigerians will say he was a round peg in a round hole.
Lets hope nigerians allow the man to work. Yes, his approach might seem favourable to the DISCOs at the onset. As time goes on, fashola has a way of making entities work without allowing room for excuse.
Politics › Re: Boko Haram: World Bank Allocates $800m For Rebuilding North East by persius555(m): 9:16am On Apr 01, 2016
Is the north-east redeemable? Do the leaders want redemption? I fear for the future of the north. @fulanimafia. Please, be reasonable when you make comments regarding the north. The north has fundamental issues that will take a lot of re-orientation and re-education to solve. Put a billion dollar in that region, without proper orientation, all the efforts will yield no result.
Romance › Re: Ladies, 8 Characteristics Of A Stingy Guy On First Date by persius555(m): 9:03pm On Mar 31, 2016
Counter thread loading........70%
Computers › Re: Pls. I Need Your Help by persius555(m): 8:57pm On Mar 31, 2016
Do a system restore.
Politics › Re: We Have No Sufficient Electricity To Give Nigerians- Fashola by persius555(m): 8:42pm On Mar 31, 2016
Unfortunately, a lot o nigerians are part of the problem we found ourselves. As for fashola, i was him, i would sorround myself with foreign experts/ foreign trained engineers who are vast in the area of power generation and distribution. Canada is the destination to look. That country has huge wealth o experience when it comes to electricity. BRF should seek approval to bring in consultants from all over. Assemble a team that would work with him. Most of the team could work on part time basis and offer expert advice after carefully studying our unique environment. Instead of criticizing the minister, we should be giving him supports. If he fails, nigeria fails and if nigeria fails, we all are in for it.
Sports › Re: Ifeanyi Ubah, Gets 10-match Ban, N2.5 Million Fine For Slapping Goalkeeper by persius555(m): 8:08pm On Mar 31, 2016
kenzysmith:
LMC don,t ve the gut to ban ubah this is the man who ve given a lot to the league that keeper deserve that slap for fighting the ref LMC is a disgrace
Believe me, you will make a great judge. SMH...
Computers › Re: Is My ISP Able To Keep A Track Of My Internet Activities While I Use A VPN? by persius555(m): 2:14pm On Mar 31, 2016
Nice info. All the ISP sees in its routing table is your assigned IP address. The contents of your payload is somwhat hidden to them. End user based vpns are reliable if security parameters can be manually configured. A question. Are vpn traffics visible to web admins? If they are not, how does the router on the website end determine where to direct the traffic if informations like IP header, ports, session tokens are hidden. I have a fair idea of how the network based vpn works, but this one is not clear.
Computers › Re: Help Please I Poured Coke On My Laptop. by persius555(m): 1:34pm On Mar 31, 2016
lodscott:
first of all, finish your coke

then don't try to put it on yet, if you can open its casing good. use a dry rag to clean, and a dry at med temp, chill for sometime, maybe buy another coke then after like an hour or two, put it on.
thank me later
Two things are immediately prone malfunction. Your keyboard and the motherboard. If you are the geeky type, remove the keyboard and the motherboard (@ your own peril), dry it by holding it close to a warm electric bulb. Clean the chasis/carcass with dry cloth. When you are through, fix the components back. To be on the safer side, take it to a technician for proper clean up.
Computers › Re: Spectranet In Port-harcourt! A Review..... by persius555(m): 1:26pm On Mar 31, 2016
phantom:
my speed this afternoon at rumuokoro........its improved.
Enjoy while it last.
Politics › Re: Power Generation Falls To 2,030MW by persius555(m): 1:12pm On Mar 31, 2016
Reference:
Has it occured to you that it may be those tasked, engaged with the job or repairing these pipelines that may be sabotaging them for gain. That the recent incident involving the death of those workers may not be all that it seems. Just thinking aloud. I don't just trust the NNPC/NGC on this matter. That's why I am a strong advocate for private sector control. Strategic assets should be controlled by those who will 'weep' to lose them, not people who will tell you 20 billion dollars is missing from their accounts with a smile. This country.
You might be right in your deductions. Nigeria is a country where the unimaginable happens. I think the govt should reduce emphasis on gas powered electricity. Our operating environment is too destructive and prone to all sorts of compromise. The niger delta is still very volatile to be over relied on. Its high time we partially shift future power investments away from gas to other means. But then i still insist that laws be passed to severely punish vandals. We just cannot continue like this.

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