₦airaland Forum

Garegu:
Oga keep kwayet there

U even add 'Oga' to am...
What is so OGAnic about useless boma?

This is ganduje's mode of APPEALING the judgement.

Let's just be patient with him

Terrier99:
Mediocre performance during screening. Hmmn
Malami lacks the intellectual capacity to be a legal adviser to an association of beggars, not to talk of being the AGF.

If you listen to Malami argue, you will pity him.

Yesterday i watched him on channels, politics today... I weep for Nigeria.
A whole SAN that will argue a case without citing sections in the constitution to back up his argument.

I now concluded that we have SANs and SANDs in Nigeria.
Malami and festus keyamo falls under the later. They r proudly SANDs

NLandIsHypocrit:
Who was in APC ballot in 2015? I think I'm forgetting his name

Umana Okon Umana.

NLandIsHypocrit:
Shamelessness should be designated as a kind of disease.

If you have visited Abia state and Akwa Ibom State you'll see the difference between light and darkness, between Hell and Heaven, and this useless and shameless kaikai man called Ikeazu, left the Hell he created and went to visit the Heaven his fellow Governors created and yet he'll come back and not seeing anything wrong with his brain. Do you think that such idiot is normal?

Akwa Ibom people should be thankful to me, though I'm not an Akwa Ibom but I was one of those who vigorously campaigned under hot sun at old Ibom stadium by Udo Umana street Uyo and also voted for Udom while most of them were blindly throwing their wait on Udodeghe because of their reservations for Akpabio PDP member, by now Udodeghe as an APC candidate would have finished Akwa Ibom State, but today they're enjoying our efforts.

Which year r u talking of cos the 2 elections udom participated, udoedehe no dey ballot paper.
Which election abeg

helinues:
Well, I wouldn't say it was unthinkable but rather an act of boldness.

So I saw this lady inside the campus, luckily for me, my younger brother was around, so I told him to get me details about the lady.

Before evening same day, I had the info about her name and her house.

Same evening, I took the courage to pay her a visit in her house. When I got there, I met some ladies which are house mates, a house full of Alhajas, the girl too.

The way I asked about her, they thought I knew her before until the lady came out and join the conversation.

She was skeptical and a bit confused when I told her how I saw her and what brought me there. But she was swayed away with my courage and in addition my cologne.

The relationship was actually one of the best cos we were role models to other couples..

I can never believe what a buharist say...
Lai lai.

iamyemiakins:
Lister, the noise sef na something else!

This one na water cool, it doesnt make much noise.

Ours is jet engine, upgrade of this.
We bought it 2002 cos of our bore hole.
Still remember when water finished and my cousin was the one selling, i no answer am, just told him to go start am pump water dey sell. Next thing, one hefty guy came to buy water so my cousin cornered him and he followed to go start gen. 20minutes i no hear generator sound, na so i waka enter back go check wetin dey happen... Lo and behold bobo dey run handle, bobo don sweat soak all body meanwhile gen never start. Told d guy to comot, na one hand i take start am.
But that gen suffer us o...
Na only me come dey manage am
As i travel go uyo, before i come back they don park am one side.

queenfav:
Quanta or exide.The latest Mpower indian battery is good too, one of 220ah.

How much is it?

FreeStuffsNG:
You can actually work out his cost and I doubt if he will incur up to N23K per month.

According to IKEDC,
With the revised tariff regime, Non-MD customers in Band A, with a minimum of 20 hours daily will now pay N51. 22/Kwh. Band B customers with minimum of 16 hours daily will be charged N46. 93/Kwh; while Band C customers with a minimum of 12 hours daily will be charged [b]N37.[/b]

https://www.ikejaelectric.com/notice-implementation-of-revised-service-reflective-tariff-by-ikeja-electric/

Let's assume he is a customer of IKEDC and I factor in the fact that that he already confirmed that he hardly gets light so we can assume he gets for less than 12hours so he pays N37.

His total load is less than 500watts but let's approximate it,

His daily energy use cost plus vat is :0.5kw×12hrsx N37 + 0.075 x 222(VAT)= N238.65


If he takes 31 days in a month ,then his energy cost is N7,398.15 per month not N23K ,then his payback time is 20months 2 weeks(1 year 8 months and 2 weeks).
If his battery and inverter packs up before then or power improves, he just bought a liability. There are some hidden costs like occasions when some of the devices may not function optimally on the alternative power source..
As regards renewable and reference to Germany, then you are not current. The world is still tied to fossil fuels at least for the next 25 years. Same Germany is investing heavily on gas pipeline from Russia to Germany and most of the wind turbines in UK did not function optimally during low wind speed for most part of this month.
I support renewable but we are yet to crack it as an economically viable alternative. OP did well but I would have factored in the payback time before investing in it.

3months ago was in ph, my bro house around adah george.
Their estate uses fed line, that should fall under band A...

They gave him estimated billings of 12k for may, 20k plus for june, july bill was 50k plus...
He is staying a single room self contained.
With just a fridge, ceiling fan, plasma TV, go tv n sound system.
Because the much billings we needed to fix the AC that was in the house just to consume more power.

Thank God he just got a prepaid metre so that avenue of killing him with demonic bills is over.

queenfav:
E no get how e wan pet am pass,GBM battery will not live up to 1 year.

Which battery be the best and can last at most 4yrs under supervised usage?

FreeStuffsNG:
Nice and commendable. Please kindly work out the payback time by dividing the N152k by your usual daily electricity cost. If you can do that calculation, you can then start counting if you got value from the investment or not. For example, if the battery and/or the inverter pack up before your payback time then it's not cost effective
As at now, it's too early to say if it's money well spent. I commend you greatly though.

If he gets billings from whichever disco at 23k per month, in 10months that will be 230k.
He has saved probably 78k without blinking and also got light 24/7 without waiting for nepa or what ever to restore light.
If he is using gen, he just said 1kva is between 80 to 100k.
To power that gen for 10hrs, he will need to buy atleast 5litres of fuel which is approximately 1k multiply it by 30days = 30k.
Every month u must service the gen set, which will gulp additional 2k. Every 6months u must do general servicing where u change piston n rings and other stuffs.
So 30k approximately in 10 months is 300k..

Plus noise and most times heartbreak cos u will off gen, then the next morning u wan start am, it will misbehave.

If this wasn't sustainable, fashola won't be spending time doing it.
Renewable energy is the future...
Heard from 2022 germany will shut down 90percent of its coal plants..

backbencher:
He did, and because of that, he got into power.

The simple fact is that, whoever proposes the removal of fuel subsidy is going to be opposed by millions if not most Nigerians. That is what happened in 1993, 2006/7 and even in 2012.

Buhari in 2012, had lost elections several times, and was looking for a means to get power in 2015. Opposing subsidy provided the means by which he could get into power. He played cunny man, opposed subsidy along with most Nigerians, and got elected. Now, having seen how subsidies impact the economy, he has woken up. Too bad he could not listen to the wise words of people like NOI or SLS back in 2012.

But he isn't the reason why GEJ was unable to remove subsidy completely. The reason is most Nigerians, including GEJ supporters, who opposed and marched against it. If GEJ had totally removed subsidy in 2012, he would have lost the 2015 election by an even wider margin...plus APC would have brought it back, and reversed the gains being made.

So we kept a bad programme , which enriched a lot of people illicitly and further decimated domestic petrol production, to say nothing of getting us into more debt. Anyway, subsides on kerosene, diesel and gas went...good thing.

It's the same reason why even people like Abacha never contemplated total subsidy removal.

The painful thing is that if we had removed the thing in 2012, by now we would have been enjoying the benefits , and we would have been over the worst. Plus we had higher oil prices in 2012, meaning that there would have been enough cash to pay the poor to help them prosper.

INFACT, the partial removal of subsidy GEJ did was used to pay for things like SURE P and some improvements in public transport (just as the partial removal of subsidy by Abacha paid for the PTF). things THAT could not be sustained when oil prices crashed in 2014.

Anyway, subsidy has to go. The oil income is falling, and it is becoming more difficult to sustain subsidies. Unless we pay taxes at rates of 50% of our income .

Am not against removal of subsidy, but against buhari who confused most illiterates, semi-educated and also some highly schooled nigerians that subsidy is a scam.
It's either buhari publicly admit to being nigerians that he misled them back then when GEJ tried deregulating the downstream sector and also apologise then Nigerians will support this action.
He should also tell us what and what he is going to use the monies being saved from the removal to do.
This payment of 5k to 40m Unknown people is another scam that we won't accept.

Kwanza:
https://dailynigerian.com/breaking-court-sacks-ganduje/

Shebi ganduje been rubbish kwankwaso and bring in this man to replace am, today shekarau dey do ganduje upan gandam style...

What a lovely way to rubbish ur benefactor.

JohnBorder:
Dial *131*1# then select option "5" for "always on " u will see

200mb for #60
450mb for #120
15gb for #300
etc. and more

Now all the plans u can accumulate it as much as u want. If u subscribe for 450mb x 8 it's about 3gb + which they will remove a total of #840 from ur account. #120 x 8.

To end it all, *121# then 1 for 1GB for 200.

How did you see it??

Mtn network.

120*8=960
Una calculator dey use buhari format calculate digits?

contigiency:
This man always taking the lead ahead of other governors in innovative ideas.

What is so innovative about this?

So those in security units too will be working from home and the cleaners too...
How will they do it and it reflect in their post?

Tinubuadvocate:
You are not includ her bra and pant what about wigi. Idiot that woman have been wearing expensive clothes before she married femi she came from rich home a uk born for that matter.

Werey... Oh so she born for UK, where diezani maduekwe born?
No be same UK, but una no gree allow mama rest.

DSS1335:
Oga, i no be Mr. Sabinus. It's not every information on Google is accurate. Sometimes, hearing directly from the horse mouth can makes the differences.

7 barrels equals 1metric tonne.
1barrel of crude oil today is 69dolls average
1metric tonne of coconut oil is 1,439 dolls average.

It means 1barrel of coconut oil is 205.5dolls..
It also means that 1barrel of coconut oil is 3times higher than a barrel of crude oil.

Naxtidine:
I'm not in Lagos. I will inform a friend about it and get back to you

Ok bro

johnmartus:
Nigeria will get better when the treasures of state not control by state governor. Many thought Buhari is only problem of Nigeria they deliberately ignored their state governor.

Just like one governor that control the destiny of a whole state for 8 years and still talking of relocating to a better society.


Our problem is oil you keep waiting for national cake from niger delta without consider where you can generate income besides oil.this useless governor's some of them have company they know where to generate money to their company.

Nigeria were blessed with different natural resources. Let start from land the worst part of it is land some useless people will say niger state landmass will swallow both east and west or OYO state landmass is more than the whole east. What is useful of this landmass to economic of their state and region.

Niger state with her landmass the state government not have one tuber of yam or cassava what a waste.

Bros buhari is also the problem of Nigeria not only governors.
When Gej was in power, it was only him that was the problem.
Governors were all docile and dormant and nobody knew they existed.

Stop absolving buhari of the hardship he brought upon this land.

I can't imagine running for a post for 3 good times, but at the fourth time i eventually won but knew nothing about how to handle that position.

Everything that has happened in Nigeria is as a result of buhari's ineptitude and incompetence in handling the economy.

Buhari has failed in all indices...
FG controls all security formations, they control cbn which gives guidance on fiscal and monetary policy.

Our problems is from these sector, security n economy.

The governors take lead from gederal govt, there is little or nothing they can do.
Governors can't import arms or security equipments to battle any insurgents in their states.

gozmok1:
Good suggestions

It will be good suggestion, until u see many refineries coming onboard without any structure on ground so they can get cheap crude oil and export it to other countries to sell at foreign price.

Naxtidine:
Please help me get a bike (Okada) so I can have something doing. I am jobless and it's very depressing. No amount is too small.


2005566914. Kuda bank

If u r in Lagos around ikeja, i fit connect u with someone who will employ u as a dispatch rider.

Pay should be 50k...

Rexwalters1:
The People you are crying to FG has said that States do not have jurisdiction & you are still wailing? The statement Panels Are Legal, Set Up By the FG Through NEC shows that they do not have jurisdiction. National Executive Committee does not have that power to set up any panel other than a Federal panel.

Rexwalters read again what u wrote and ask urself whether ur head get sands...

SmartyPants:
The argument submitted here is not legally sound. An illegality remains an illegality regardless of who initiated it or whether a party to the concern has willingly participated in it. That is not to say that the panels are illegal or not illegal, but simply that the legal argument here is not convincing.

This man has not even cited a single law or authority to support his position.

Na the citing of laws na it make us lawless.
Didnt malami cite a section in the constitution that enables every Nigerian to move about freely from one section to another?
Did it address the issues on ground that was deliberated upon?
The laws SAND keyamo cited was irrelevant and useless concerning this issue.
If i also want to use that law, i will say from 1999 till date, all the activities of Nigeria police force and the nigeria army on citizens domiciled in a state is illegal.
What r the duties of Nigeria army?
What r the duties of nigeria police?
Does Nigeria police have rights to arrest anybody without presenting a legal warrant?
Does nigeria army have the right to be called on citizens whenin a lawful gathering?
If most of the crimes committed by citizens r known in law as state crimes, why invite a federal institutions to abrogate or jurisdict on state issues?

NwaAmaikpe:



I learnt early enough that when I see SAN attached to certain lawyers' names, it just means they have Sand in their brains.

Ebun-Ola schooled Keyamo in a way that no Law School possibly can and has hereby proven that the SAN attached to his own name means he is a legal sanitarist.

In otherwords some SANs needs to be SANitized from the system so as not to cause pandemic.

FreeStuffsNG:
Hmm.
With all due respect to Mr Keyamo, I believe we have moved beyond the debate of legality or otherwise of the panel.

Right now, we are more interested in the substance of truth and justice which trumps the technical legalese ; we must demand that the panel is truthful and ensure that justice is done and seen to be done in a transparent and honest manner.

Inserting falsehoods in the Lekkilies EndSars report is a no no for me. It's completely unacceptable that a report declared the living as dead and recommended that my tax be paid to fictitious names ,so whoever inserted falsehoods into the report must be investigated and prosecuted for lying on oath.

All the enemies of Nigeria will lose las las. They always lose. God bless Nigeria forever.

Ur tax money if at all u pay ends in tinubu's van.

Na oil money dem wan use pay as compensation to those victims of police brutality either at lekki toll plaza or any other locations in and around lagos state and also other 35states of Nigeria.

The zombies r downplaying the outcome of the lagos judicial panel, was endsars violent and killings domiciled only at lekki toll plaza?
People were killed in all parts of lagos, that should be the crux of the matter.
As for keyamo, lemme leave him matter for the gods to handle

Biodun556:
Going to eatery, I have seen people eating 10,000 plate of food even more. But when an international organization or Nigerian government release positive data on Nigerian economy, we quickly reject it.

But looking at some of our luxurious life style, it sometimes support some positive data about our economy.

U r trying to implicate buhari n his humanitarian minister for having recorda of poorest of poor nigerians and also paying them monthly stipends. Maybe they cooked those names and siphon the monies to their private accounts.

Also which poor 40million people r they planning to pay 5k once they remove subsidy?

Are they chadians or nigeriens?

backbencher:
This is not buharinomics and you are making the same arguments that people opposed to subsidy removal have made over the years, especially in 2012 by buhari and company.

And that is why it hasn't gone and why we keep on getting into debt.

I am not a buhari supporter and never will be. I woke up in 2012 to how subsidy was damaging our economy. What you see here is the result of ten years of reading and thinking about the issue. Before 2012 I was pro subsidy.

You politicians should wake up and realize that everything is not buhari Vs PDP.

Anyway good evening.

I suggest you read Simon Kolawole's article The fuel subsidy dilemma for more detail on why subsidies are bad.

Again my support for subsidy removal has nothing to do with buhari and it is annoying me when people like you think it does. In 2012 I yhought that the people opposing subsidy removal were wrong based on my change of mind then. I still think they were wrong.


And yes it bothers me that removing the fuel subsidy is going to cause a lot of problems. Lord knows it upsets me. But keeping it is going to cause more problems long term too.

Subsidy isnt bad, what made subsidy looked bad was the fraud being perpetrated by nigerians and nnpc officials.
Now that fraud has been taken to a new level where we r now subsidising more litres when in actual sense we ain't consuming such.

If we must end fuel subsidy, them every other subsidies must end. From agro subsidy via anchor borrowers and other federal govt grants, nhis subsidy where fewnigerians benefits from cheaper healthcare services,educational subsidies too via tetfund, ubec and subeb etc.
Let all special interventions be scraped so we can now face reality.

The way this govt had all solutions to Nigeria's problem but came in and became a big problem is what i don't understand.
Fix refineries, prioritise development, why wait till ur last year before awarding contract for TAM on those refineries?
Why didnt they do it since their first year in office, u see this admin is just clutching on straws, they r bereft of ideas and they think subsidy will bring in more money when in actual sense it will cause more hardship to the economy.

We will be having hyper-inflation come 2022 once subsidy is removed totally, thia is in the face of a serious pandemic ravaging the entire world.
To add insult to it, u want to spend more funds to amelioratethe sufferings of few nigerians that will be affected by the total deregulation.
Penny wise poumd foolish....

backbencher:
Newsflash...we have reached the 2.4 trillion mark this year...and it is going to increase next year. Plus we have spent 10 trillion on subsides over the last 10 years.

Keep in mind that a subsidy is the money paid to compensate the petroleum industry for selling fuel at a loss. If it cost N200 to produce a liter of fuel (hypothetical example) in Nigeria in a certain year, and government forces it to be sold at N160 per liter...that's a loss of N40 per liter sold...and government pays subsidy of say N40 to compensate for the loss.

THis means that profits cannot be made, because for a profit to be made, fuel has to be sold above the cost it takes to make it.

Then the cost of production is also rising because of rising maintenance costs, rising salaries, inflation, etc etic.

That's why subsides are rising.


It won't make our naira a strong currency now now...but it would

1.Reduce the amount of forex earned from oil we spend on paying subsidy...naira goes up due to forex being freed up.

2.Attract more investment into domestic refining, and the fuel industry...since profits can now be made in the fuel industry thanks to no subsidies, and crucially no price controls..



Assuming Dangote has to spend N250 to refine one liter of fuel, and we insist on him selling that fuel at N145 or even at N40 in the name of subsidy to help the poor...yes.

Poor profits= no money for refinery repairs, and refinery upgrades= loss of jobs, loss of income-= refienries collapsing and back to imports. We were here before with the NNPC refienreis, where IBB stopped TAM to save costs on subsides. Big mistake.




Note I said everyone would have to pay a tax, and that includes the rich and corrupt politicians and they most likely would have to pay higher than the poor.

That's the only way we can fund subsides for all...short of oil being above $130 per barrel from this week till perpetuity.

U r just blabbing buharinomics...

How many times will buhari's govt remove subsidy from fuel?
I thought buhari said subsidy is a scam, that it is just an invention by Gej to steal money. What changed?
We r paying more for fuel today because of buhari's poor handling of economy and forex.
Crude price is down, less than 80dolls, fuel should be less than 80naira a litre.
But we pay more cos of scarce forex...
Lemme educate u how subsidy works, fg thru nnpc buys fuel, they pay in dolls, since they r exposed to cheap forex, they bring it, they sell it at the price range set up by pppra. They bare the lost incured from what they sell.
For now there is no subsidy, they called it underrecovery...
Once they end subsidy regime, they will still buy the exact litres consumed by Nigerians currently which is 60million litres, the only difference here is they will make profit cos they r now doing business. No price regulation.
They profit made will be in naira and not in dolls.
The excess profits now goes to federation account which is own by the entire 36states and fg.
They share it and governors will always mismanage it.
That profit isnt going into a special account for development or buildng of new refinery, but will be shared amongst the 36states.
At the end we will all be left with nothing.
States governors will have more funds to loot, no salary increment, we that r jobless we will still be buying from the same markets that salary earners r buying from.
At the end i don't benefit, u don't benefit, the only people that benefits are the governors and ministers plus senators.

garfield1:
That question is irrelevant. Side out

The question is relevantly relevant.

Na people like u dey sell out soutern nigeria because of palmy and kpomo.
Uwaafid

backbencher:
On the other hand, the continued spending on the fuel subsidy is going to

1.Drive us into more and more debt as we keep spending more on subsidy to keep up with rising costs of keeping prices low

So spending 2.4T naira to augment the subsidy removal which on a average isn't up to 2T naira yearly won't compound our debts abi?

2.Worsen the value of the naira, and overall inflation because of us using our forex from oil revenue to spend more and more on subsides


So far we r importing fuel from other countries using dollars, our naira value will continually be worthless.
Stopping subsidy won't, i repeat will never make our naira strong.

3.Not allow enough of a profit to be made to build refineries, and so on and do forth...anbd stifle investment...which means less and less chances of jobs being created.

This notion and conjectures is one of the most absurd reasons they always make...
So dangote that is building refinery, will it be at a loss for him?


If we want more money for subsides, we got to do as developed countries do and fund it from taxes. Meaning we have to tax everyone and everyone to raise the money.

It is going to be a harsh few years, but hopefully the benefits will kick in.


Either we remove fuel subsidy now, or get into more and more debt, until the economy collapses under its weight. You won't want that.

If we want subsides for petrol, then we all, including the poor, would have to pay taxes to pay for it

If u check every political office holder their pay package, u won't be asking or suggesting the poors to be taxed.
What tax will the poor, unemployed pay?
Outside the taxes they pay in using essential and basic ammenities?
Can u mention the tax they should pay again?

Can this be manage till respite comes?
Definitely...
Before buhari came onboard,ppmc or pppra daily consumption of fuel by nigerians was pegged at 30million litres daily, this was amiss smuggling and other anomalies in the system.
Buhari came in the daily consumption moved from 30million litres to 90million litres, now 60million.
Are there more smugglers now even when our borders r shut?

What buhari should have done is to first check why the daily consumption has double/triple within 5yrs when Nigeria has closed all its borders with Neigbouring countries..
If possible employ more personnel to patrol our borders to checkmate these smugglers.
With this, u r also creating employment and eliminating saboteurs and saving monies spent on subsidising every litre imported.
At the end you now have more money, more nigerians in the tax pool, less unemployed youths on the streets looking for ways to be used by smugglers and saboteurs.

All those who r saying fuel subsidy have to go are just the fortunate ones and think their riches will hide and guard them from the sufferings ahead.
Unless they will all relocate to nexus or mars while earning and working in Nigeria.
U can't escape the impending disaster that lies ahead even with ur enormous wealth, the beggings from poor families and the criminals that will be unleashed by this simple feat.