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Politics › Re: 36 Govs Sign Mou With Energy China To Drive Electricity Reform by ponziponzi(m): 9:00pm On Apr 18, 2025

ManOfSon:
Please sir, read me correctly. I'm not saying that China doesn't have the expertise to fix our electricity needs. Far from it. What I doubt is the incentive for them to do so when we're also the largest market for their generators. There's nothing simplistic about my concern. You don't call someone to come help you fix a problem that this same person is benefitting from. We don't even have to go too far. We've tried this with steel at Aladja & Ajaokuta - telling those we buy steel from to come help us build our own steel industry. How's that going? It's not true that only China can help fix our power sector. I'm not buying that at all. It speaks to some level of naivety and lack of awareness.

I understand your point, but I believe the reasoning is flawed. The fact that you’re renting a car from a dealership doesn’t prevent them from selling you a car if you want to buy one — just like a company in China selling semi-trucks for transporting goods doesn’t stop China from helping Nigeria build a cargo railway, if that’s what they need. These are entirely different markets. Similarly, the sale of portable generators to individuals in Nigeria has nothing to do with a corporation working with the government to develop power generation stations, transmission, or distribution infrastructure. That’s why I mentioned earlier that this line of thinking is a bit simplistic.

Your reference to Ajaokuta Steel Company also isn’t really applicable here. The project wasn’t completed for several reasons — including Nigeria’s default on contractor payments, change of governments and their priorities, and the collapse of the Soviet Union, which had been providing both technical support and partial funding. None of these factors align with the usual conspiracy theories often thrown around. Today, most of the steel used in Nigeria is imported from China and India, and the technology at Ajaokuta is now outdated. Without a complete overhaul, the plant simply won’t be competitive in the current global market.

When it comes to building power infrastructure, many countries, especially in the West, have the technical capacity to handle such projects in their own environments. But executing the same scale of work in a country like Nigeria, with its complex security challenges and logistical hurdles, is a different matter entirely.

For large-scale power projects in Nigeria, you don’t just need technology — you also need reliable logistics, a strong supply chain, secured project financing, technical expertise, and most importantly, the willingness of skilled professionals to work in often remote and unstable areas. As of 2025, only China has the combination of scale, capacity, and political willingness to handle all of that.

Politics › Re: Nigeria Exempted As Trump ‘moves To’ Shut Down US Embassies In Africa by ponziponzi(m): 2:32pm On Apr 18, 2025

Celestialsword:
They do not have military bases in all countries of the world but they have embassies in nearly all countries of the world.

Military bases are sited close to some countries to checkmate their excesses, because dangerous weapons are in their possession.

The military bases has economic value to America because they are protecting their interest

Especially in Asian countries most of who sponsor terrorism throughout the world.

If not for America support many weak and small countries would have been overpowered wiped out from the map of the world.

I believe having so many military bases is a big and expensive challenge to US. They are too costly to maintain and could eventually be unsustainable. The US currently have about 500k troops across Europe, Middle East, Asia and Africa when it is not actually in any war. Just imagine how much it cost to maintain all those troops and the equipment that are just seating there redundant or see very limited action. I haven’t even mention all those fleets they have on the ocean with thousands of navy personnel on rotation and equipment and jets that have to constantly maintained. You can see why the US defence budget is so big— more than the next 10 countries combined. This is a world power problem, it happened to Rome, the Dutch and the British empire, the US is feeling it. As a world power, you get stretched trying to main your power around the world and it can get exhausting. It seem Trump is trying to do something about it. You just can’t keep spending resources on something that brings very little value to you while other countries are just free loading.

China unlike the US currently don’t have that problem, they spend their budget to build new military infrastructure and equipment. That’s why they are building new fighter jets and increasing their fleets at a rate faster than any country right now. If things go on like this, it’s just a matter of time before they close the gap.

1 Like

Phones › Re: Here’s How Much A ‘made In The USA’ Iphone Would Cost by ponziponzi(m): 12:06am On Apr 13, 2025

Crafteck1:
Una like to post nonsense....

https://www.youtube.com/watch?v=7YaPgVomKhw?si=vL61Cysu5HCF6ryF

I won’t trust that source. If someone or an organization is all negative about a product, company or country all the time, they are probably not objective and I won’t consider them a reliable source.

2 Likes

Politics › Re: 36 Govs Sign Mou With Energy China To Drive Electricity Reform by ponziponzi(m): 11:12pm On Apr 11, 2025

ManOfSon:
I'm sure they can find some smaller European or Latin American countries that have put problems like this behind them without needing help from China. I'll probably try to do some research on this myelf but countries like Egypt, Brazil & even Rwanda don't have this problem. Was it China that helped them all? Looking at it objectively, how can you call upon the person making profit from your problem to come help you fix the same problem? Does it make sense?

I understand your point, but it's too simplistic. China is the manufacturing hub of the world, and it makes sense that we import portable generators from them. The demand for generators will remain, even if we achieve reliable electricity, because of the growing needs of various sectors.

To be candid, no other country has the same level of motivation, resources, expertise, and capacity to address Nigeria’s electricity challenges as China. They are the leaders in this field, with no close competitors. Nigeria can keep signing contracts with companies like Siemens, but when the time comes to actually implement large-scale solutions, they will have to turn to those who are capable of delivering.

For example, China added more than 300,000 MW of electricity in just one year – roughly 50% of the total global additions for that period. To put that into perspective, Nigeria’s total installed capacity is about 10,000 MW, Rwanda’s is around 500 MW, Egypt’s is about 60,000 MW, the UK’s is 120,000 MW, and Brazil’s is 250,000 MW. China’s annual addition alone is more than the total installed capacity of most countries, including Nigeria.

To get results, we need to work with those who have the capability to make it happen. Simple as that!

Politics › Re: 36 Govs Sign Mou With Energy China To Drive Electricity Reform by ponziponzi(m): 9:44pm On Apr 11, 2025

ManOfSon:
I hope one day that this complete lack of awareness afflicting African rulers comes to an end. A disproportionate percentage of all electric power generators imported into Nigeria are from China. But somehow the same China is being looked upon to solve a problem that will hurt their economy if it is solved.

Who do you think they can partner with to help solve Nigeria’s energy problem?

1 Like 1 Share

Politics › Re: 36 Govs Sign Mou With Energy China To Drive Electricity Reform by ponziponzi(m): 9:41pm On Apr 11, 2025

Axis313:

China again?
China wey no get joy.
God will help you,you go owe them money as per the deal,na to dey seize your valuable government's assets be the next thing wey go be on their mind.

So who do you think they should work with?

1 Like 1 Share

Foreign Affairs › Re: Trump lowers reciprocal tariffs for 90 days, imposes 125% on China goods by ponziponzi(m): 7:37pm On Apr 09, 2025

incogni2o:
China should just bow and negotiate rather than just playing save-face

Why should they do that? They are not Cowards.

1 Like

Politics › Re: Nigeria, Africa Starve Local Refineries, Export 1.4b Barrels Crude by ponziponzi(m): 6:08pm On Apr 09, 2025

AmiableMosquito:
Although accurate, this feels like a Dangote sponsored news article.
That's me kidding by the way.

I think we should do better in Africa. Governments want to earn more by exporting and earning in dollars, yet want the refineries (especially the private ones) to lower their prices after sourcing for crude overseas. That's not a fair expectation.

Nigeria is not doing Dangote any favours. If the country denies Dangote access to raw materials and undermines its operations by importing products from abroad despite domestic production capabilities, why would any company invest here? For example, if you continue to import steel, why would anyone plan to invest in building a steel plant locally? It doesn't make sense.

1 Like

Foreign Affairs › Re: Trump's Tariffs Wipe Out $2.5 Trillion From US Stock Market by ponziponzi(m): 1:28pm On Apr 06, 2025

Lush100:
This is bound to happen.

This is to force companies that depend (have factories) on China to move back to U.S.

How will that happen? Most of those companies also sell their products in China and to many other countries. If they move to the US, how will they compete in the rest of the markets.

1 Like

Politics › Re: US Imports 2 Million Barrels Of Jet Fuel From Dangote Refinery by ponziponzi(m): 1:27pm On Mar 26, 2025*

Nonybb:
Joke of a country. They export what they don't have and import what they have. Dangote is about gloating and self praise. He bucket those millions of Dollars, not ordinary Nigerians or for national interes

Critical thinking is lacking in Nigeria. With her youths thinking like this, that country has a big problem.

1 Like

Business › Re: How Nigeria Lost Its Textile Market To Chinese Imports by ponziponzi(m): 10:04pm On Mar 22, 2025

mrvitalis:
None oga... Lack of constant electricity can't make a company fold it's impossible bros

Do you have any education at all? Just trying to understand your thought process.

Foreign Affairs › Re: Ukraine Wakes Up To Scenes Of Devastation Hours After Agreeing To Ceasefire by ponziponzi(m): 9:58pm On Mar 22, 2025

jaxxy:
Survival, mutual respect. Depends on them.

We've been hearing a lot of vague rhetoric, especially from the mainstream media over the past three years, about concepts like survival, mutual respect and democracy. But what do these terms really mean in practice? Take mutual respect, for example—how is it defined? If a group of countries decides to place weapons near another nation's border to contain it, one side might see that as justified, while the other views it as a strategic threat.

Achieving victory in this battle is nearly impossible. Russia is not going anywhere—they will remain in Europe, and they see this as an existential threat. Because of that, they have more at stake in the long run than the Europeans and are willing to endure significant losses, including people and financial resources.

The only scenario that could shift the tide of this war is if European nations directly engage with their troops, fully committing to war—at the cost of millions of lives. However, if Europe enters a war in its current state, the consequences would be devastating, both economically and politically. Massive divisions would emerge across Europe and within individual countries, as the justification for war would become increasingly difficult—especially as casualties mount, such as children in Germany losing their lives. The recovery could take decades, and European leaders understand this reality.

As I’ve said before, what is the endgame for Europe? If they seek "mutual respect," they must sit down with Russia, define what that truly means, and ensure both sides understand and accept it. Simply repeating these words on TV or after every meeting holds no real value.

1 Like

Business › Re: How Nigeria Lost Its Textile Market To Chinese Imports by ponziponzi(m): 8:57pm On Mar 22, 2025

Gboss247:
Are you aware that naira been a weak makes Nigeria products one of the cheapest globally?

How is this related to my comment, sir?

Foreign Affairs › Re: Ukraine Wakes Up To Scenes Of Devastation Hours After Agreeing To Ceasefire by ponziponzi(m): 8:37pm On Mar 22, 2025

jaxxy:
There no monopoly over violence. I believe Russia already knows that.

So what the endgame?

Foreign Affairs › Re: Ukraine Wakes Up To Scenes Of Devastation Hours After Agreeing To Ceasefire by ponziponzi(m): 7:05pm On Mar 22, 2025

jaxxy:
Russia must commit to peace.

Just repeating what you hear on TV. If was that easy, it would have happened 3 years ago. Europeans will have to learn how to live with the Russians.

Business › Re: How Nigeria Lost Its Textile Market To Chinese Imports by ponziponzi(m): 4:49pm On Mar 22, 2025

mrvitalis:
No company has left Nigeria due to lack of electricity none... Not even one

Many companies have folded due to lack of electricity. They just put it as high cost of production. Heavy industries relies in cheap electricity without which they will be uncompetitive. It is one of the reason our manufacturing industry is in a state of comatose.

1 Like

Business › Re: How Nigeria Lost Its Textile Market To Chinese Imports by ponziponzi(m): 4:48pm On Mar 22, 2025

omoredia:
How? As if we dont already know

Politics › Re: Nigeria To Expand Steel Production Capacity To 10 Million Metric Tonnes Annually by ponziponzi(m): 2:55am On Mar 22, 2025

How can we increase capacity when we don’t produce steel in Nigeria. All we do is recycle steels from scraps and that’s why we have a lot of criminals stealing any metal in sight, even manholes.

1 Like

Politics › Re: Senate Announces China Development Bank As New Financier Of Kano-Kaduna Rail by ponziponzi(m): 10:27pm On Mar 18, 2025

Thefirmorganics:
Like a said before, you're an intentional slave. "A country like Nigeria can not fund their development"?

My apologies. Good luck, sir

I can now see that Nigeria’s problem goes beyond revenue—it’s a crisis of intellectual capacity and critical thinking among its youth. I once wondered whether this stemmed from an IQ issue among Black people or a failure of proper education in critical thinking. However, after interacting with other Africans, especially from the East, it’s clear that the real problem lies in the lack of proper education in developing critical thinking skills in Nigeria.

Politics › Re: Senate Announces China Development Bank As New Financier Of Kano-Kaduna Rail by ponziponzi(m): 3:35pm On Mar 17, 2025

Thefirmorganics:
Intentional slave

I understand that you may not have enough knowledge to fully grasp economics and leveraging. It takes time and a certain level of education, so let me help a little.

A country like Nigeria cannot fund infrastructure development solely from its internal resources—it’s simply not feasible because the country doesn’t generate enough revenue to cover such large-scale projects. Nigeria's infrastructure development needs are estimated at around $3 trillion. Meanwhile, Nigeria’s projected total revenue for last year was approximately $25 billion, and considering that the country ran a deficit last year (spending more than it earned), saving to build infrastructure is just unrealistic.

To increase revenue, Nigeria needs to improve its productivity, which is not possible without essential infrastructure like power, water, and transportation. So, where will Nigeria get the funds and expertise to achieve this? From external sources. The key is to prioritize infrastructure projects that will have a high impact on the economy and the well-being of the people, while securing favourable loan terms without over-leveraging to ensure the debt can be repaid as agreed.

This is a common strategy used by both governments and private companies. For example, Dangote didn’t use his own money to build his refinery because he doesn't have it. Instead, he secured some loans using the refinery as collateral and plans to pay them off over the next few years as production ramps up. This is how strategic financing works for both governments and businesses.

You can thank me.

Politics › Re: Senate Announces China Development Bank As New Financier Of Kano-Kaduna Rail by ponziponzi(m): 3:00pm On Mar 16, 2025

erico2k2:
Only ignorant people fall for that, China has been closer to africa than anyone else.

And why should anyone cancel your debt. No one forced you to take it in the first place. Africans need to take responsibility, no one is responsible for feeding you. Wake up

Politics › Re: Senate Announces China Development Bank As New Financier Of Kano-Kaduna Rail by ponziponzi(m): 2:56pm On Mar 16, 2025

Thefirmorganics:
Selling our country piece by piece to China lol

At least you have someone willing to give you money to build infrastructure and help you to build it. Who else in the world can offer you this?

Politics › Re: Members Incurring Losses,’ IPMAN Laments Dangote, NNPCL Fuel Price War by ponziponzi(m): 2:42pm On Mar 15, 2025

yommen:
After which he will now deal with Nigerians squarely by increasing fuel price as he wishes, something he did with sugar, cement etc.

NNPC that cannot even run their own refineries efficiently. What has their impact be in the last 30 years? It’s better they pack up and leave the downstream sector. We didn’t miss NITEL, we won’t miss NNPC.

3 Likes 1 Share

Foreign Affairs › Re: Trump End All Military Aid To Ukraine by ponziponzi(m): 3:54am On Mar 05, 2025

orisa37:
YES. FROM UK AND EU.

Nobody cares about you, my brother. With the level of your IQ, I don’t think they need people like you there.

Foreign Affairs › Re: Trump End All Military Aid To Ukraine by ponziponzi(m): 5:53am On Mar 04, 2025

orisa37:
US MUST STOP RUSSIA AND CHINA FROM INVADING WESTERN EUROPE AND CHINA FROM ALL UNIDENTIFIED UFOS AND UFDS-UNIDENTIFIED FLYING DRONES.

You need serious help.

1 Like 1 Share

Foreign Affairs › Re: Trump Kicks Zelensky Out Of The White House After Heated Argument (Video) by ponziponzi(m): 11:54pm On Feb 28, 2025

JimD:
The catastrophy is Trump and his vice addressing the Ukrainian president with no empathy. NATO countries like Canada, Germany, and France still send money to Ukraine (about 50 billion euros last year) and military equipment. It's true that the U.S. is Ukraine's backbone ($183 billion in support since 2022).

But aside from NATO's support, Ukraine's just going to have to ramp up it's own internal economic systems.

With how Trump is playing it, the U.S. is going to lose influence on both sides. Because now Putin doesn't respect him. And he might come for Alaska soon.

You don't know what you're talking about. The US is not the one being invaded here—it's Ukraine, and it needs all the help it can get from the US. The truth is, without the US, Ukraine cannot fight this war. Military equipment is not the only thing they need; they also rely on logistics, intelligence, GPS, and internet connectivity, such as Starlink, which are largely controlled by the US.

Even in terms of equipment, most NATO supplies come from the US, which has a greater manufacturing capacity than the rest of NATO combined. Canada… lol, many of these countries can't even defend themselves without US support.

Once again, I’ll say that Ukraine’s president made a catastrophic mistake today. He has seriously hurt Ukraine’s position, and it will take significant effort to repair. He is in trouble—he has a lot to lose in this situation.

If you don’t have parents and your uncle is paying your school fees with no other options, you have to be humble and endure a lot just to get what you need in the end.

I hope this works out for him, but right now, he must be regretting it.

1 Like

Foreign Affairs › Re: Trump Kicks Zelensky Out Of The White House After Heated Argument (Video) by ponziponzi(m): 10:42pm On Feb 28, 2025

3kay945:
I hope Putin won't after this meeting intensify bombardment on Ukraine.

Then, Zelennsky won't have anyone to run to..isn't that checkmate

I'm sure he will be back. He has no other options.

Foreign Affairs › Re: Trump Kicks Zelensky Out Of The White House After Heated Argument (Video) by ponziponzi(m): 10:31pm On Feb 28, 2025

JimD:
What most of these shallow thinkers like the op don't know is that:

1. Trump is only after Ukraine's minerals. Ukraine's minerals will help the US develop AI chips and military equipment. That's what Trump is after.

2. Any cease fire deal agreed upon will likely be broken by Putin. Trump thinks he can control Putin as master negotiator . But Putin is more strong headed. He has broken all past agreements with Ukraine.

3. If you want to end a war, you don't use the biased approach Trump is using. You blame the aggressor, not try to cow the oppressed into submission. He is going to escalate things further. And Ukraine will have to bank solely on NATO for support.

What options does Ukraine have? They need the US. I believe Ukraine's president made a catastrophic mistake today

2 Likes 1 Share

Foreign Affairs › Re: Trump Kicks Zelensky Out Of The White House After Heated Argument (Video) by ponziponzi(m): 10:23pm On Feb 28, 2025

seunjungle1:
Who is a fool between you and Zelensky?
The guy is a man!

He made a big mistake. He should have been more diplomatic, as he has no choice—he needs the US.

This is an absolute disaster for Ukraine. He should have kept his cool, I believe he is just inexperience with diplomacy.

1 Like

Science/Technology › Re: OpenAI Releases GPT-4.5 by ponziponzi(m): 10:44pm On Feb 27, 2025

Streetdoctor:
Forget about d free stuff. They hv a lot of work to do. Secondly, they wont even give u information about chinese leader

Deep seek is just not free but it’s open access with open weights. You can build on it and make it anything you want. It’s just like an android software that several companies can build their applications on. There is nothing like that out there.

1 Like

Car Talk › Re: Vehicle Prices Set To Soar As Donald Trump Moves For 25% Tariff by ponziponzi(m): 2:05pm On Feb 20, 2025

Free2Fly:
Saudi and China produce cars that are being used in Nigeria??

.

China has a big used car market. It’s even cheaper now for ICE cars.

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