₦airaland Forum

hercules07:
@eku

You do not want government to put money in Islamic banking but you are comfortable with Sanusi bailing out banks headed by pastors abi, your hatred for Islam is not a good thing, I will rather government puts money in any venture that is profitable, I do not care if it is Islamic banking or Christian banking. The CAN president is just a noisemaker, he should face his job rather than trying to play politics.

The guy is something else. He doesnt really know what he is talking about, maybe he did not consult Katsumoto before posting. Who knows?



Very inconsistent guy.

Jenifa_:
What in the world is EOF?
The point is  our govt have been foolish to let foreigners control our oil. but we would be even more silly to sell off our energy as well.
you say brazillian company will bring you good life. has Shell brought you good life?

EOF: Equal opportunity phocker.

If Shell is allowed to r/a//p/e us, I see no reason why we should close our legs to the Brazillians. And yes, 24/7 electricity would make our life better. More business,  better health status ( you have no idea how much COPD is caused from smoke from  "adogan,"  charcoal, and firewood use) for us, reduction in crime, technically etc. The good WRT this project outweighs the bad. You just have to open your mind, Ms. Latvia.

And your question on shell, are you serious? without Shell and Exxonmobil, do you think we would have the kind of middleclass we have now? Use your brain dear. I still love you though.

BABE!:
^^ Sup. Not in NY.

Just wanna tell you you look really beautiful. Still coming to NY?

@Babe:
Sup? in NY?


[flash=400,400]
https://www.youtube.com/watch?v=Qdcrtaw_Eg8?version=3&hl=en_US[/flash]

Jenifa_:
there are different kinds of monopolies.
ex. all monopolies in America are American. not foreign owned.

at least learn to copy correctly.  and also, don't sell your birthright for a bowl of soup.

What do you mean by birthright? Oil that brings in money or NEPA that drains that money away?

So it is right for Shell, Exxonmobil et al to cheat us and degrade our environment, but the same thing dont by the Braziians is considered evil? I am an EOF, what is sauce for the goose is sauce for the gander.

I dont get it?

ShipIt:
@ premechaz and afram4eva

I may be a YOUNG MAN but it is obvious I am much more developed than you mentally and intellectually.

Don't be too fast!  You dont know that. intellectually, without sounding lika a braggadocio, you are not on my level. I am about to tell you why:

If you see all those dependencies you mentioned as a positive thing then you are even thicker than you sound. Just because Nigeria has been violated by foreigners since independence does not mean it should open it's legs wider for other foreigners to enjoy it.

First of all, your analogy doesn't make sense. You are comparing rape, a heinous crime, with a business transaction? Who does that?

Anyway, I will humor you: NEPA/PHCN is a burden on Nigeria. A big burden for that matter. PHCN is a federal parastatal, meaning, the FG pays the employees on a monthly basis, whether they make money or not, the FG pays for the pension of NEPA and PHCN retirees, including their gratuities, the FG is in addition  to being reponsible for the upkeep of many a ghost staff working at PHCN,  is also responsible for equipment procurement and maintenance. Simply put, the FG spends huge amount of money on PHCN, with nothing to show for it, literally.


If we sell the PHCN to the Brazilians, the FG pockets 100 billion dolls, our annual budget x5 ( That is, we can simply stop pumping oil for next five years and life would still go on in obodo-niaja). The money can be used to invest in other areas of out life that are are badly in  need of fund, education, health, inter-state transportation et al. If you call that colonization, I'd take it. It is better than the status quo, NO?

Nobody is against dealing with foreigners, but there has to be a balance. And handing over a nations power infrastructure to a foreigner ( with a racist mentality at that) is just foolish.

It is not a foolish idea, it is the best thing, giving our present circumstance. The CEO of Citigroup is Indian, the CEO of Pepsico ( an American company) is Indian, the governor of the state of Louisiana is Indian, NASA just signed a contract with Airbus, these and many more show that the world is changing. We need to get on with the rest of the world. remember that if you cant beat them, you join them. And so far, as a people we have failed. Even after changing NEPA to PHCN, it is apparent that the problem is with us as a people, our mentality and our outlook. We lack the brain, the brawn, the professionalism and ability to run our power sector. It is time we try a different way of doing things. We can learn a lot from the Brazilians, a lesson that would put us in a great position with respect to other areas of our political and national life. The time to act is now, let the govt handover PHCN to the Brazilians and get the 100 billion dollar . Imagine what we can do with an extra 100 billion dollars, not to talk of the money that would accrue to the treasury from whatever tax the company is bound by law to pay for the rest of her existence in Nigeria. This can only be good for us.

You rather be colonized you say?

In this situation? YES! I love the good life my dear.

Then migrate to the west and live as a second or third class citizen for the rest of your life, at least you ll have electricity 24/7. As long as you pay your bill that is.

I am already here and i want what i enjoy here to be available to my friends and family in Nigeria. I am not a selfish guy, unlike you. Living as a second class citizen isnt that bad though, they do all the thinking, you sit back, relax and do nothing. What could be better?

I bet your one of those people who have given up on Nigeria and dot even get angry anymore when you see leaders pushing our sovereignty away.

I gave up on Nigeria a long time ago. we can only go down from here.

I bet you would rather go to the west, marry the ugliest woman you can find just for Kwali, and be her b***h even though you know your better than that.

What makes you think I am better than that? the ugliest Akata/white is way better than the most beautiful Nigerian woman. And yes, I will take the ugliest foreigner, especially White, over the most beautiful Nigerian ANYDAY ANYTIME. Thank you.

All because you are a quitter who doesn't realize that the better countries got better by facing their problems instead of just blaming others and running away. It's your country and no foreigner is gonna do anything in your interest. If you still want to hear more, reply me nonsense again.

Sometimes it is better to quit. Smokers who quit smoking live longer than those who do not. Same for alcoholics and prostitutes. It was Einstein who defined insanity as doing the same thing over and over again and expecting different results. Nuff said.

donspony:
If this kind of fire sale goes through

Undoubtedly there would be perks involved

End result is arbitrary price burden passed to consumers

No way PHCN is worth a tenth even of the stated amount.  

You dont get it, do you?

There is no monopoly here. They are offering to make PHCN more effective, what is wrong with that. If others are interested, they should apply and should be ready to build tier transmission lines, step down stations etc from the ground up.

The price burden wont be arbitrary, the market would regulate the price, even in a situation like this. Monopoly is not that bad. The US does the same thing, why cant we copy the Americans

Monopoly is good for Nigeria, especially in the power sector.


Who is scared of monopoly? Not Nigerians. And BTW, there are alternatives. Ever heard of generators. Who cares what they extract from us. All we are saying, we dont like darkness.

EPIC fail


D.O.A

koruji:
Which part do you not have the sense to understand?

The part where you were talking crap about what you do not understand.

ShipIt:
Nigeria should not sell! Period,  People should think before they comment, what do you think is going to happen if foreigners own the entire country's power infrastructure? In addition to Nigeria's inept regulatory agencies. I personally do not wish to be a colonized all over again by different means. We need to stop thinking foreigners are the answer to all our problems, that's partly how we got to our current situation in the first place.

Maybe we should go back to the stone age then. As far as I know, Nigerians did not invent electricity. Even though you dont want to be colonized, you already are, because internet was invented by the foreigners, and it is still being controlled by the Americans.


The point is that, you are right. it is colonization, but a good one for that a matter.

There is nothing wrong with colonization,  i don't get why you are fighting colonization now, when Shell  and other foreign coys control your only source of income, OIL. Stop being delusional, little boy.

As far as I am concerned, I'd rather be colonized by whoever/whomever and have 24/7 electricity than be free and have no access to the finer things of life. And yes 24/7 electricity is one of the finer things.

It is obvious we cant do it ourselves. The Chinese and the Russians helped build our space rockets, the Americans are in control of our oil, the Asians send us food, the Germans  in control of our transportation, it wont kill us to have the Brazilians take over our power sector. After all, We have proven ourselves to be incompetent and incapable of running our country.

To me, good life first, pride second. And what pride are we even talking about?

afam4eva:
I think the should sell it. Anything is better than the current situation.

I agree with you. If our Black brain cant do it, we should at least have the decency to sell it to the Brazilians. BTW, Brazilians are really smart people. They invented the automatic gear, invented the technology used in converting corn to ethanol on a large scale, maybe they can revive our energy sector, HOPEFULLY.

Desola:
What exactly is your grouse with Fash and the ACN?

You are seriously becoming BehindBased now.

Stinking p/u-n-a/ni, mind your business okay!

ekt_bear:
That is a lot of money. Didn't think the assets were worth that much. This is all the PHCN power plants + distribution companies, right?

Thank you for this insight. I assume you know PHCN more than the Brazilians and definitely more the Barth Nnaji. If I may ask, how much do you think PHCN is worth?

^^^^

You are not making any sense.

Because they fugly

Its time someone shut these ACN guys up for the sake of the country.