₦airaland Forum

mrofficial: Don't mind those deluded fools. I was in South Africa recently which was my first time. Landed at O.R Tambo Intl Airport. None of the Intl. airports in Nigeria can even stand comparison with it. The citizens of Nigeria should wake up every morning and weep at the situation of this country called Nigeria.

NosaHenry: SA think that by stealing our money they will pass us as the no1 economy in Africa? No way. What further explanation do they want when the Nig govt already told them that the transaction was authorised by it. SA has been hating Nigeria since 1914

Mynd44: I hope this is not to spite CAN else it will be very sad and pointless

Sincere9gerian: Tinubu, Buhari and boko haram you guys are defending with all your lives are laughing at your collective idiocy

gboss4sure: The sezied cash event made me realize how foolish and daft APC and its supporters are and I have resolved never to engage them in any debate. They have no single brain.

For example,

I bought a truck and leased it to a haulage company and i get returns from the service that my truck renders, remember I have no single control over who they rent the truck to nor what they use it to carry. Now if eventually they (haulage company) gets catch transporting cash using my truck how am i to be held responsible when I have no control on what the truck carries and where it goes.

Its a very simple Logic but for APC supporters with no brain, it is too hard to comprehend. That's how they want to rule Nigeria, we shall see

aljharem: [size=18pt]U.S AGENTS EXPOSE BOLA TINUBU'S DRUG TRAFFICKING DEALS [/size]

Facts have emerged that the erstwhile Governor of Lagos state, Asiwaju Bola Tinubu may have been involved in a white heroin trafficking network which operated in Chicago and some parts of Indiana and led by one Adegboyega Mueez Akande between 1988 and 1993. The source of the white heroine was identified as one Mr. Lee Andrew Edwards who was incarcerated for attempting to murder a federal agent while the agent was executing a search warrant on him.

According to the Verified Complaint for forfeiture in case No. 93 C 4483 Obtained by SaharaReporters, which was filed on July 26, 1993 before the Hon. Judge Nordberg of the United States District Court for the Northern District of Illinois, the United States Government urged the Court to order the forfeiture of funds in accounts Nos. 263226700 held by First Heritage Bank in the name of Bola Tinubu, funds in accounts 39483134, 39483396, 4650279566, 00400220, 39936404 and 39936383 held by Citibank N.A in the name of Bola Tinubu and funds in accounts 52050-89451952,52050-89451952, 52050-89451953 held by Citibank in the name of Bola Tinubu because there was probable cause to believe that the funds in Tinubu's bank accounts represented proceeds of narcotics trafficking or were monies involved in financial transactions in violations of 18 U.S.C, sections 1956 and 1957 and therefore, was forfeitable to the U.S Government.

http://www.pointblanknews.com/os1147.html

donmalcolm21: Sometimes I feel like strangling the reporters for SR because of their biased reporting. Why should Nigeria buy arms in the black market when its not under any sanction. SR need to tell the truth and anyone that belives that shit will belive that the MuM did not give birth to him or her. Plz don't quote me

emmatok: You ignorantly attacking WS for standing up for Nigerians.

Wole Soyinka was the biggest critique of OBJ till date.

Billyonaire: Be careful what you asked for.

Wole Soyinka was always a critic and became quiet when IBB offered him a portfolio so he was part of that military junta under IBB junta and escaped during Abacha and went on exile. What did you expect from him ? He returned when his kins man was President and kept silent cos of DNA. Are you pondering what I am pondering ? He became very loud under Yaradua and went on crusade for GEJ expecting a Ministerial appointment, when he got none, he went ballistic on all 2 exhaust pipes without common-sense.

You asked for it, now you got it. You want some more ?

Billyonaire: In essence, Wole Soyinka sees nothing good in every administration. He blinds his sights to the good and shines them like old school toyota head lamps to search for unfounded misdemeanors. I chose to see the good and make no blind accusations without application of native intelligence.

Billyonaire: Wole Soyinka is a literal icon, but when it comes to department of common-sense, that man scores below a 17yrs old. When I need lessons on English and Poetry, he is my hero, but when it comes to life lessons, marriage and common-sense, then he is not savvy on those departments.

Billyonaire: You made no sense. You seem bitter.

Billyonaire: The Question that should be asked firstly, in any intelligent discourse, ofcourse, should be; Is Sheriff, truly a Boko Haram sponsor ? Is it just speculation in the cook books of the opposition ?

Common-sense, will educate us, promptly, that no terror organization can expose its sponsors, because doing so, will automatically erode their source of funds and obliterate them.

Is it also possible, for Boko Haram to name their common enemies as their sponsor so as to cause squabbles in the politics of the country ? Please nairalanders, keep the answers to these questions.

Regarding my learned fellow Nigerian Wole Soyinka, common-sense is not so common; In as much as we are searching for hot charcoal to throw at the President, and in many cases, he always dodges these hot charcoals; Please guess whose fingers get burnt first in the charcoal throwing affairs.

Nigerians, Jonathan Goodluck is not the best President Nigeria can have, but he is a better President than Yaradua, OBJ and all the military heads of States put together. Lets give this son of a fisherman, from the family of canoe makers another 4 yrs of Transformational Collabo.

I want to thank Don Jazzy for his Collabo with PSquare, that song Collabo is a masterpiece for Billyonaires.

sCun: looking a the pic below, it is 100% clear that Sheriff was part of the team WELCOMING Jonathan not part of the Presidential entourage. So the Presidency's version of him actually being in Chad before the is true.
www.nairaland.com/attachments/1688634_eddee_jpeg1f1ac8353b0dae96fa690440fb5bbfa0

Rexxie: Big foool..otu'oke nlanlan niyen tioba mo...
@op,folks,including da hardworking n sensitive president know those campaigners went too far with that sorta caption..but what folks dont know is why da opposition especially da janjawied packa'rascals been constipating n foaming in da mouth at gej like he was directly behind da posters n campaign....kudos to da caring n wise president..
now make now mistakes cos da fact remains that its.....
#GEJ TILL '19

ujoinme: No one is denying that in the short term that SA generation capacity is higher than that of nigeria, but SA energy sector is wholesomely own by the SA government and we know how inefficient govt. parastatals are and already as i pointed out earlier the SA energy sector is under a lot of strain presently and in the long term it future dosent look so bright.

Secondly SA also uses nuclear reactors to generate part of its electricity a technology i would prefer is kept out of Africa espercially in light of the nuclear dissaster that occured in Japan recently,and also SA depends largely on coal for its energy, which is not entirely environmentally friendly.
Nigeria, on the other hand in the short term:Its energy sector looks bleek because of low generation capacity, But in the long term Nigerias energy future looks brighter than SA because Nigeria has successfully unbundled/privatize its energy sector which will make it more efficient than the Government ran SA energy sector. and the choice of fuel for nigeria energy is gas which is not only environmentally friendly but is a resource that Nigeria has in Abundance,Nigeria is one of largest reserve of gas in the world.
And if in the future Nigeria also decides to utilize the not so environmentally friendly fuel ie Coal for power generation, Nigeria also has large reserves/deposits of coal that it can tap cheaply.

So my point is for you to be objective in your analysis of energy sector in both countries and not just regurgitate statistics that favour your myopic analysis.

MissMeiya: I'm of the same mind. Well, time will tell. I do follow members I don't agree with on everything, as long as they are intelligent. *shrug*

ujoinme: My point is just as we have power generation challenges in Nigeria, SA also has its own power challenges even in the midst of their enormous generation capacity. you should present the whole side of the story and not pick only parts that fits your narrative.

MissMeiya: philips70, I'm wondering why I'm not already following you...
Your name is familiar, and you write intelligently. Either I used to follow you before the NL blackout of '14, or we had some kind of e-fight

Taking a chance!

ujoinme: while south Africa generates more electricity than Nigeria, the country also has large challenges with electricity that has resulted in rationing of power and blackouts. here are some of the challenges from the same source as yours. Please learn to give report full reports, and not just pick and choose what fits your narrative:


Power Shortage: 2007 - 2008 [edit]
In the later months of 2007 South Africa started experiencing widespread rolling blackouts as supply fell behind demand, threatening to destabilize the national grid. With a reserve margin estimated at 8% or below,[7] such "load shedding" is implemented whenever generating units are taken offline for maintenance, repairs or re-fueling (in the case of nuclear units).

Eskom and various parliamentarians attributed these rolling-blackouts to insufficient generation capacity.[8] According to their claims, the solution is the construction of additional power stations and generators.[9] These, they said, will take time to construct and commission. 2012 was frequently mentioned as the earliest possible end to the power shortages.[9][10][11]

Investigative television show Carte Blanche reported that part of the problem is related to the supply of coal to the coal-fired power plants.[12][13] Several other causes have been postulated, including skills shortages[9] and increasing demand for electricity around the country.[14]

It appears that the steps that Eskom took to maintain some of its plants, increase coal stock piles and improve plant performance had led to them suspending load shedding from May 2008 onwards.[15]

Effect on the Economy [edit]
In January and February 2008 global platinum and palladium prices hit record highs as mines were first shut down and subsequently restricted in their electricity use. South Africa supplies 85% of the world's platinum and 30% of palladium. Mining companies estimate that hundreds of thousands of ounces of both gold and platinum production will be lost every year until the crisis passes.[16] Estimates on the direct economic impact are not yet available but, given South Africa's reliance on precious metals exports to finance its current account deficit, traders have severely downgraded the currency.

Due primarily to the impact on mining companies, economists have downgraded GDP growth forecasts significantly. The current consensus hovers around 4% (well short of the 6% government target), with the caveat that growth could reduce by 20 basis points every month under certain circumstances.[17]

Banks and telecommunications companies have generally continued to operate as usual thanks to existing backup systems. Retailers initially reported large losses due to spoiled frozen and chilled foodstuffs, but are rapidly installing generating systems. Many large factories have reported it impossible to carry the capital expense required to keep operations uninterrupted. However, the largest (including aluminum smelters that can be effectively destroyed by outages of longer than four hours) have guaranteed service level agreements with Eskom and have been largely unaffected.

Big companies with international investors have also been affected by the electricity crisis and have had no choice but to announce these effects to the international community, bringing the situation to the attention of potential foreign investors.[18]

Crisis management [edit]
As of February 2008 blackouts were temporarily halted due to reduced demand and maintenance stabilization.[citation needed] This drop in demand was caused by many of the country's mines shutting down or slowing to help alleviate the burden. However, regularly scheduled mandatory load shedding started in April 2008, to allow maintenance periods of power generators, and recovery of coal stockpiles before the winter, when electricity usage is expected to surge.

Expanding generating capacity will see an estimated spend of R300 billion over the next five years,[citation needed] with around 20 000 megawatts of additional capacity due to be online by 2025.[citation needed] However, neither short nor long term funding has yet been secured and the downgrading of Eskom's credit rating has ignited speculation of a capital injection by the government.[19]

Controversy [edit]
This entire situation is surrounded by controversy. Decision makers and leaders both in Eskom and in the government predicted in the late 1990s that Eskom would run out of power reserves by 2007 unless action was taken to prevent it.[20]

There is also criticism that Eskom exports electricity to neighbouring African states when it doesn't have the capacity to meet South Africa's demand.[21] Eskom, however, announced on 20 January 2008 that it had ceased to export power.[22][23]

The government claims that the shortage caught them by surprise since the South African economy grew faster than expected. However, their target growth rate of 6% per annum was not reached from 1996 to 2004. The average GDP growth rate during this period was 3.1%.[24]
http://en.wikipedia.org/wiki/Eskom#Power_Shortage:_2007_-_2008

manny4life: Hmm, I believe in one account as documented in the Bible, even the Jewish Torah suggests the same thing.

manny4life: If it is Adamic, Adam never cheated.

Toks2008: This grammar too much. Abeg break it down.Paradono....

Toks2008: Even if he committed adultery, He is human. Gone are the days when ladies divorce based on this nonsense. Men are polygamous by nature whether pastor or not.

[Please dont get it twisted, i am never in support of adultery and i have never been enmeshed in one in my years of been with any lady i ever got involved with but lets face it.A man will always be a man whether man of GOD or not.

Arysexy: Woman must u call some one fool before u can drive home ur points?

smh