franchasofficia:
The truth is, APC as a party and Tinubu as a person does not have the capacity to lead Nigeria to prosperity as a nation. They are only recycling the same criminal politicians to reduce opposition and to solidify their hold on government to continue the looting and stealing they started since 1999. If you check the ministerial list, it's more of a list of loyalists Tinubu wants to reward for helping him steal mandate at all cost. The list has nothing to do with building a great nation. Its all about building political bridges to weaken opposition, increase political sycophancy and support base at all cost.




If Tinubu refuses to return petrol subsidy, Nigeria will experience a devastating economic recession that will affect even the super rich.


The effect of this subsidy removal will be felt in 6 months time as it will gradually render private businesses, etc unproductive.



Nigerian government must find way to subsidize petrol back if not the economy will crash. Poor Nigerian citizens cannot be the ones to bear the burden of failures of successive government of Nigeria that failed to fight whatever corruption they said was ruining the petrol subsidy regime.


The way Nigerian media and all the Presidential candidates projected petrol subsidy removal, it made it look like the major problem holding Nigeria back was petrol subsidy and that once it was removed Nigeria will turn to New York, all na wash. Even Obi was wrong and by now if he was the President and did removed the subsidy as promised, we would have pressured him to see reason why petrol subsidy must not be removed in Nigeria because that is the only thing all Nigerians benefit from Nigerian government equally without bias.


Energy plays a keyrole in every nation's progress, that was why God first created light to see clearly first before starting any other creation. Every serious nation that wants national prosperity don't joke with their energy, especially the cost of energy because it is the number one cost that affects every other thing in the economy.



It is government's responsibility to tighten our borders to avoid smuggling subsidized petrol out of Nigeria.



It is government's responsibility to ensure transparent procurement and payment of subsidy on exact petrol consumed in Nigeria.


It is government's responsibility to fix our dead refineries and stop importation of petrol.


It is government's responsibility to stop oil theft and bunkering to increase our national crude output.



Instead of facing their responsibilities as government, they push the burden to already dejected citizens that benefit nothing from government.



Increasing the minimum wage will not solve the awaiting recession that will come with this brutal petrol subsidy removal.


Paying households 50,000 naira every month won't solve it because more than 60% of the fund will be looted and only party members and few highly placed families in their communities will benefit.


Nigerian government must revert back the petrol subsidy and face their failures in tackling the issues that made the petrol subsidy programme to fail by tightening our borders and criminalizing smuggling of petrol products, revamping the process of subsidy payment to ensure we pay for exact petrol imported into Nigeria. Urgent revamping of our national refineries to start working soonest. Beefing up security on our waterways to end crude theft.



This is the only way out if not, Tinubu or any other President that insist on removing subsidy is wasting time cos Nigeria's economy crash without petrol subsidy.



Buhari partially removed subsidy on petrol in 2018 when he increased pump price from 97 naira per liter to 145 naira per liter and later to 196 naira per liter and they said the price will crash with time. Till date the price hasn't crashed and we can't account for the trillions he saved or made from partially removing subsidy then, the same thing will happen under Tinubu

FairlyUSEDpussy:
Why is both Ukraine and Russia always promising Africa jux grains??

President Vladimir Putin has pledged to deepen relations with African countries across several spheres, promising a free supply of grains to the continent to tackle food insecurity.

Putin made this known on Monday in a statement themed “Russia and Africa: Joining Efforts for Peace, Progress and a Successful Future” ahead of the second Russia-Africa Summit and Russia-Africa Economic and Humanitarian Forum.

The Summits scheduled to hold on July 27 and July 28 in St. Petersburg, Russia, seek to strengthen relations between Russia and Africa, outlining priority cooperation areas for the coming decades of the 21st century.

Putin stated that Russia attaches great importance to the Summits, with expectations of adopting a comprehensive Declaration, a number of joint statements and approval of the extension of the Russia – Africa Partnership Forum Action Plan to 2026.

According to Putin, Russia has strong, deep roots, with Russia’s support to African countries in education, infrastructure, power, health, defence and security, among others, since the times of the Soviet Union until the present day.

This is also as he pledged Russia’s continuous and free supply of grain to the continent to tackle food insecurity in some countries of Africa, understanding the importance of uninterrupted food supplies for the socio-economic development and political stability of the African states.

Putin, however, noted that Russia would be boycotting the “grain deal” it hitherto facilitated, which ended on July 18, for the failure of the deal to meet humanitarian purposes and supply the grains to Africa free of charge.

The Kremlin’s leader faulted the implementation of the grain deal, asserting that none of the “deal” provisions relating to the exemption from sanctions of Russian grain and fertiliser exports to world markets were fulfilled.

“On this basis, we have always paid great attention to issues related to the supply of wheat, barley, maize and other crops to African countries.

“We have done so both on a contractual basis and free of charge as humanitarian aid, including through the United Nations Food Programme.

“I want to give assurances that our country is capable of replacing the Ukrainian grain both on a commercial and free-of-charge basis, especially as we expect another record harvest this year.

“Notwithstanding the sanctions, Russia will continue its energetic efforts to provide supplies of grain, food products, fertilisers and other goods to Africa.

“We highly value and will further develop the full spectrum of economic ties with Africa—with individual states as well as regional integration associations and, naturally, with the African Union.

“We welcome this organisation’s strategic course towards further economic integration and the formation of the African Continental Free Trade Area.

“We are ready to build pragmatic, mutually beneficial relations, including within the framework of the Eurasian Economic Union.

“We are also willing to step up cooperation with other regional integration organisations on the continent,” Putin stated.

On deepening relations with Africa, Putin stated that Russia has always strictly adhered to the “African solutions to African problems” principle, standing in solidarity with Africans in their struggle for self-determination, justice and their legitimate rights.

“We stand for granting African countries their rightful place in the structures that determine the world’s fate, including the UN Security Council and the G20, as well as for reforming the global financial and trade institutions in a way that meets their interests.

“Regrettably, we see that the situation in the world today is far from stable. The long-standing conflicts that exist in nearly every region are deepening, and new threats and challenges are emerging,” Putin added.

Putin also stated that in keeping with the existing tradition, Russia intends to continue providing assistance to African states in building their national human resource capacity.

He stated that there are currently about 35,000 students from the continent in Russia, with more than 6,000 of them receiving Russian government scholarships.

The Russian President noted that each year the country increases the number of scholarships, promotes paid higher education options and facilitates inter-university ties, which have gained significant momentum in recent times.

The News Agency of Nigeria reports that President Bola Tinubu would be represented by Vice President Kashim Shettima at the Summit.

A large delegation of Nigerians from the government, private, business sectors would also be represented at the Summit.

ceejayluv:

Before total deregulation, the discos should be mandated to meter ALL consumers. In fact, estimated billing should be banned thenceforth. Also, power theft should be heavily sanctioned by imposing Long prison terms, no option of fine.

AdiscoPele:
If its for the ulcer, get ripe plantain backs, dry it in room temperature(I.e keep it in a cool place where sunlight does not get to like your store, or anywhere around your kitchen), after like 3 to 4 days, it will be dried. Ground it into a smooth powder, then add original honey, mix it together. Like it with your middle finger 3times 8n the morning and evening. The ulcer will disappear within a week.

Blackazuma99:
Good day to everyone in this forum, please I am in desperate need of your advice.

Early 2014 she lost her dad, 2016 she lost her only brother (my uncle) and then the worst happened in 2021,i lost my father which is her husband, and since then God has been faithful, I graduated same year, my elder sister got a good job same year, we got our first family house same with other benefits.

But the problem has been my mum, she's always depressed and always thinking, thinking of my late dad, we have tried our best as the children to make her happy, especially me the first son. Please i need advice on what to do, I really don't want my mother to die of depression 😞.

Greatest100:

Dear All:
Ekiti State Electricity Board (EKSEB) is one of the agencies under my Ministry of Infrastructure and Public Utilities ,(MIPU) of which I am Special Adviser to the Govermor. EKSEB GM Atere went to Erijiyan to investigate this stone electricity matter earlier today. Here is his report:
Quote
I was personally at Erijiyan today
for on-the-spot assessment and the boy lied about what he posted. He only used lithium batteries joined together with masking tape to produce electricity not from the stone . If the stone is removed the power supply from the batteries will still produce power. The public should disregard this discovery it was a blatant lie and falls short of all principles of electricity generation. Thank you Sirs and Mas.
Unquote
We have our answer then. We thank you for the interest.
Bolaji Aluko
May 22, 2023

SalamRushdie:


Cobalt doesn't produce electricity or store it , it's just a great conductor which is just one of the components used in wheeling electricity fast with less resistance from a lithium battery

highchief1:
I tire for Nigerians bros.he didn’t do exceptionally well in anambra.I don’t know how intends to fix 36 states when he couldn’t fix a few local govts.

highchief1:
Obi cannot fix Nigeria.He couldn’t fix agulu his village.

PrincessDiana:
Why Obasanjo, Yar’Adua, Jonathan, Buhari Administrations Could Not Provide Stable Power Supply For Nigerians— Ex-Transmission Company of Nigeria MD, Mohammed


January 8, 2023

NEWS

Obasanjo was Nigeria's president from 1999 to 2007; Yar'Adua took over in 2007 but died in 2010. Jonathan, who was Yar'Adua's Deputy, took over from the late leader and was president till 2015 when he lost to Buhari in the presidential election of that year. Buhari will leave the position on May 29, 2023 after spending two terms in office. 

Aformer Managing Director (MD) of the Transmission Company of Nigeria (TCN) and former employee of the African Development Bank (AfDB), Dr Usman Gur Mohammad has explained why the administrations of Olusegun Obasanjo, Umar Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari could not solve the problems in Nigeria's power sector over the last 23 years.

Obasanjo was Nigeria's president from 1999 to 2007; Yar'Adua took over in 2007 but died in 2010. Jonathan, who was Yar'Adua's Deputy, took over from the late leader and was president till 2015 when he lost to Buhari in the presidential election of that year. Buhari will leave the position on May 29, 2023 after spending two terms in office. 

Dr Mohammadu who stated this during an interview on Trust TV’s 30 Minutes X-rays, narrated how the National Integrated Power Project (NIPP) carried out by Obasanjo’s government could not succeed despite huge public funds spent on the project. 

He said, “Under the Obasanjo regime they passed the power sector reform into law and they unbundled the power sector into 11 companies and handed over all. They never embarked on privatisation; they stopped there.

“But the biggest investment that Obasanjo did in the power sector was the National Integrated Power Project (NIPP). We embarked on that project without adequate study, we were convinced by some foreign companies that they were going to supply gas turbines to us, and then they said they were not even going to be doing the installation; that they would hand it over to a Nigerian that was working with them who would take the responsibility of the installation.

“So, what we did basically was that, it’s like you want to build a house and you award a contract to somebody to build the house for you and he does the roof and keeps it for you when you have not started the civil works; that is exactly what we did with the NIPP.

“They brought this gas turbine under FOB, and some of them stayed for more than four years in Port Harcourt, with no road even to carry them; the bridges were not tested to see whether they could be carried. So, we didn’t even clear the place where we were going to install the gas turbines and there was no gas supply to the locations.


“This is exactly what happened with transmission also. We awarded so many contracts that we didn’t carry out the studies. Some of those contracts actually failed completely and some of them were completed with a lot of inadequacies.

 consultant who advised them to do what is called pilot – privatise one or two states and see the experience that you learn from those two states before embarking on entire privatisation.

“Jonathan discarded that report and completely took a decision to privatise the entire network – distribution and generation.

 
“Meanwhile, there were certain studies that they were supposed to carry out to do the privatisation. For the DisCos, anybody who is taking over a DisCo, a company that is experienced will insist that you have to give them the aggregate, technical and commercial laws determined scientifically. This was not done.

“We assumed a 25 per cent loss, so when we went to a road show all over the world, everybody told us, all the companies that have experience told us, please go and determine the studies, determine scientifically the aggregate technical commercial, we are not ready to do that."

“We eventually knew nobody was going to come. So, we lowered the qualification criteria to allow Nigerian companies to take over those companies. That was how all the DisCos were taken over by companies that have no experience,” he added.

He continued, "What the Buhari administration took over from Jonathan is the completely privatised power sector with a transmission company under the government, but it was given to Manitoba Hydro International to manage on behalf of the government.

"The government has taken over what you call the Single Buyer Model where the bulk trader is the one buying all the electricity and they sell to the DisCos. 

"Yes! This single-buyer model in electricity has never worked anywhere in the world; it has never worked. I don’t know how they advised us to do this. It has never worked, because it makes the DisCos to be not accountable to anybody; it makes the GenCos to be lazy.

"Because you have somebody who is taking the responsibility and taking the cost, meaning, if the DisCos don’t generate enough money to put into the sector, the shortfall that is supposed to go to transmission and go to generation is going to be paid by the government.  

"It is a subsidy. It’s supposed to be a transitional arrangement of five years, but now we have spent more than 10 years and it is still existing.


"Under the arrangement, the government of President Buhari has pumped close to N2trn into the power sector to finance this kind of subsidy and at the end of the day that money has not translated to a single megawatt increase because it’s just financing consumption. We are just financing the failure of the power sector reform; that is how it is."

Meanwhile, SaharaReporters had reported that Usman Mohammed, during his tenure as Managing Director/Chief Executive Officer, Transmission Company of Nigeria in 2019, said that before the country can have stable electricity, grid power distribution companies have to recapitalise.


The electricity sector in Nigeria generates, transmits and distributes megawatts(MW) of electric power that is significantly less than what is needed to meet basic household and industrial needs.  

https://saharareporters.com/2023/01/08/why-obasanjo-yaradua-jonathan-buhari-administrations-could-not-provide-stable-power

owobokiri:

Look for other areas to discredit Peter Obi. Forget about his business successes. Dude is a well raised trader who made the most of the good opportunities that came his way. Go to YouTube and search for his interviews on these.

chuksbogus:
If you are not tribalistic , dull or just clout chasing this CV bellow is mind blowing.


He also attended Harvard business school, Boston, USA, where he did two programs (Mid to Mid Marketing)
London School of Economics (Financial Mgmt/Business Policy)
Columbia Business School, New York, U.S.A. (Marketing Management)
Institute for management development, Switzerland where he also got two certificates in Senior Executive Program and Break-Through Program for CEOs.
Kellogg Graduate School of Management, U.S.A. (Advanced Executive Program)
Kellogg School of Management U.S.A. (Global Advanced Mgmt Program)
Oxford University: Said Business School, (Advanced Mgmt& Leadership Program)
Cambridge University: George Business School (Advanced Leadership Program)

He has been chairman of these finacial institutions

Fidelity Bank
Board of Securities and Exchange Commission (SEC
Guardian Express Mortgage Bank, Ltd.
Future Views Securities, Ltd.
Paymaster Nigeria Plc.
Next International (Nigeria) Ltd
Guardian Express Bank Plc.
Chams Nigeria Plc.
Emerging Capital Ltd
Card Centre Plc.

owobokiri:

Peter Obi did not get into any bank board because of his father. His father was an ordinary trader in Onitsha. Peter Obi and his siblings took the family business up to greater levels and he has explained how he bought his way into the banks board. Stop hating.
Na you Sabi where you got this agbadorian tale

Makowonda:
Who replaced Amaechi as the Federal Minister of Transportation?Abi we no need person there again for the remaining part of this administration?

Aufbauh:
It's from this Rita Dominic's wedding that i concluded that every woman regardless of the age & class is excited about marriage.
Forget their depositions towards it when they're single.