₦airaland Forum

Which town is that? be specific, where in Akwa Ibom or Rivers?

hmmm

OriOko88:
5k megawatt for 200milion people?? This is not worth celebrating atal. South Africa with just 50m people is generating over 28k megawatts,imagine. USA almost 150k megawatts! So whats worth celebrating in a temporarily stable and meagre 5k megawatt which will even trip off in few days time in d name of grid collapse. Some towns in akwa ibom and rivers have not had light for 3years but their govts are busy building ten lane roads and flyovers. No be juju b dat??

Ehen... now you deny him being Igbo, if it was for oil, you guys will say in time imemorial, eastern Nigeria was one

mrvitalis:
He is not Igbo sir

Awesome

Chippa is not also working, it's like they are also using flutterwave, I downloaded the app today and about to use virtual card, then I saw the notice

grandstar:
I am sure their financial partners dropped them following the money laundering case in Kenya.

I have about $4 left on my dollar card.

I learnt www.chippercash.com is a good alternative. Nevertheless, I am really gutted.

Seun Osewa

posty56:
lol how much are they paying nairaland mods , anything just to justify Muslim-muslim. ticket. , it's wrong anyhow they wan turn am

And she is among the leaders we have!

And tomorrow he will want to be the president

Say that again!

Even Ronaldo said that Spanish league is tactical

paulolee:
yes bro..EPL is the richest and most difficult league to play in but still not the most successful because dey is a certain Spanish league that is very tactical n successful than other leagues..
madrid n barca alone av won more European competitions n general trophies than all d teams on dt list..

Source?

presidency:
FEDERAL MINISTRY OF POWER

PRESS RELEASE

Further to our earlier press release, we wish to apprise the general public that the immediate cause of national blackout (system collapse) was an act of vandalism on a transmission tower on the Odukpani – Ikot Ekpene 330kV double circuit transmission line thus resulting in a sudden loss of about 400MW of generation. This consequently led to a cascade of plant shut down across the country.

We wish to notify the public that power on the grid is being restowed sequentially by the System Operator as other on-grid power plants are being dispatched to cover the lost generation capacity from the Calabar power plant owned by the Niger Power Holding Company Ltd.

Isa Sanusi, SA (Media)
For: Honourable Minister

9th April 2022

Currently NNPC is regulating everything, that's how they are able to pay subsidy

First of all, according to NNPC, they are the only once importing Fuel,

All the independent importers have been halted or they are now doing sub contract for NNPC, if their claim is true

That's why the downstream sector is regulated.

If we take NNPC out of the picture, Nigeria will blossom in a matter of 1 or 2 months, that has been our request for a while now

Total Deregulation of the Downstream Sector

It's the regulation from NNPC that is sending away alot of investors and big players

budaatum:
Why should NNPC buy from local producers, Ray? Can local producers not find market of their own?

Subsidies distort market for local producers to the benefit of importers, and Nigerians really ought to be on the streets protesting against it. If subsidies are removed, local producers will fill the market and competition will eventually suppress cost and price and increase employment opportunities instead of providing employment where we buy from!

I like your view, but the point here is not paying them to run at a loss,

No, no, my point is that the modular refineries should as much as possible try to stay in operations

As we stand now, we are paying subsidy heavily and the modular refineries are not working, we are loosing heavily on both ends

Look at it from this angle, the modular refineries produce even if its 35% of total consumption in Nigeria, which will minimise their loss, and at the same time they are in operation

They then present what they have to NNPC, since NNPC is the sole importer now (according to them).

NNPC buys from them, and NNPC will sell to Nigerians at what ever rate they wish

They should negotiate with Government if they have to do so to get working

That way

1. The local refineries will stay in operation
2. We will have some more gainful employment in the country
3. The refinery operators will gain some business experience
4. We will save some money from shipping
5. Fuel scarcity will reduce as time to market will drastically reduce
6. We will save some FOREX and channel it to another sector
7. Corruption will reduce in a way

And that way, money flows back into the economy that will help us stay afloat

Until we are ready to deregulat the downstream sector.

The thing is

1.Nigeria cannot afford subsides on petroleum. Unless we tax far more than the number of people we tax in this country.

2.Subsidies are why we have bad refineries in the first instance. Sell petrol at a loss, pay a subsidy that does not cover the loss, and the refineries lose money, and then break down, with sabotage and corruption finishing the job.

3. As much as we all hate the idea of expensive petrol, the only way to let the refineries work well...the modular refineries, is to allow them sell the petrol they make there at a profit.

4.Paying subsidies amounts to making the refineries sell petrol at a loss, and then pay them money called subsidy that barely or does not cover the loss due to a host of factors.

5.Call me a Buhari supporter, or a hater of the masses, or someone who loves dogs......modular refineries are a business. And the best way to run businesses is not to subsidise them into losses...so that we can buy fuel at N40 and be happy. People have to be paid for making the fuel available from the refineries.

No, see this

if we start patronising the local refineries, and pay them the subsidy, even if they are loosing, there is a way business works,

They might not break even in 12 months, but being in business will help them learn which will increase their capacity and eventually help them grow bigger that they will not need subsidy to stay profitable

The big companies in the world did not start up with profit..

backbencher:
No, because it means the government will set price at a level where they lose money, and give them subsidy that won't even begin to cover their losses.

That's a big reason why we lost our old refineries.

How about subsidy for modular refineries?

It's better than importing fuel

backbencher:
Because you did not read the article




In other words, if you want a madular refinery, you have to let it run at a profit, and that means removing subsides, and allowing the market to control the price...ie make a profit.

Omo, that Line of brilliance!

'We can divert subsidiary to modular refineries'

Well said!

BSsniffer:
story..... modular refineries can't refine crude oil because it would affect dangotes business.


We can divert those subsidies to modular refineries.

Best comment I've seen on NL in a while now

JosephXavier:
Russia are loosing this war because they don't have any influence in international politics and secondly because they don't control the media

Russia needs to get themselves involved beyond Europe just like China did beyond Asia

China exported their language and culture(through Chinese movies and restaurants)

They exported their technology ( cars and electronic gadgets)

They exported their companies (Tecno, Hawaii and infinix)

They are exporting their intellects who work in other regions of the world and now control Africa in terms of business and Trade

That is the exact thing Russia should do

Export their language, invest in other countries ( I don't mean selling of AK 47 and military hardware to rebels) just as china did

Export their indigenous companies and invest more in IT and technologies

Export their goods more to Africa and Asia and even South America

Set up international media giants to protect their interests and project their voice just as US did with CNN

Open their border to immigrants (especially skilled immigrants) just as Canada is doing

vipboxtv.se

Joelroksanka:
Abeg, can someone share a link where I fit watch this match. I will really appreciate. �

No surprise!

98.9% percent of those shouting here will indulge if given the slightest opportunity to get in there


We need a change of mind before we think of changing the country

The country is made up of individuals, and the leaders are a random sample of the citizens!

Congratulations to Her


Making Nigeria �� Proud...

I disagree with number 8, launching out this year man, So help me God

Fraud is happening left and right...

FILEBE:
Agoro also said he and some other victims of Paul and his team’s fraud wrote a petition to Panti Police Station, but the officers said all the victims had to contribute N10,000 for tracking before they could take action


So, IG of police will claim he doesn't know this happens when asked

Lool

https://nerdschalk.com/zoom-limit/amp/

ademasta:
Can Zoom connect 900 persons at once..

This is one of the best things this government is doing!

They should be jailed for at least a year or 2 so that others will think twice before they embark of scamming someone else

Good development

Hello...

Blacks can do it also

DropsMic:
They are not blacks. Occams razor.

Be careful of what you type, what is the meaning of so called son of God?

Jesus is the Son of God and he is God the Son.

Be careful!

Datboredberry:
After my dad and his relatives...my depressed struggling mom... family drama...

I've learnt to bottle alot of my shìt inside...

Christian's Christ said:

"Cast not your pearls before swine lest they trample on then then charge after you...
And
The heart of man is desperately wicked..."

If the so-called son of God says so, who am I to argue or believe otherwise?

It's real, they are not counting page visits, its bookings that counts

They have about 5 to 6 airplanes now and are one of the best and most reliable airline out there...

Dialpad:
1 million flying customers or 1 million visitors to their websites ?


How many planes do they have

How many passengers can a plane take (average)

How many routes do they go


1 million passengers is not real to me

Where is this school? Name and shame the state

I am starting to think it's your state

Federal government will not be building schools, its the responsibility of other lower tiers of government.

Call out the state!

ThisisBuhari:
The fatherland they are serving is unmerciful and unfair to them


https://www.youtube.com/watch?v=OEevyoof_mc

Its true, I've seen Aviation database data before now from FAANs Billing Data Agrigator System,

Daily flight from Abuja Airport is more than that of Lagos Airport

We were shocked at first, but statistics don't lie!

Tochiology:
Hmm! From that data, Abuja had more air traffic compared to Lagos and it's somehow unbelievable.

Again, how come Owerri's air traffic is increasing even to the extent it is higher than that of Kano inspite of the seeming insecurity in the region and the incessant seat at home orders? Does it mean that the city is more economically viable than we think? Food for thought!

Stats can really be incredible at times.

Stop saying what you don't know...

Ebrutu barracks has residential buildings around it..

sonnie10:
Eburutu barracks is secluded outside of town, Closet residential building might be like 2 miles away. They even have a shooting range where they used as execution ground in the 80s. Not like Ojuelegba barracks that is in the middle of town.

I think its a nice idea to export the proceeds

How many Nigerians can afford full chicken now?

Export will bring in forex to the state and super boost their IGR

Wiseandtrue:
That's a good one coming from cross River! But producing for export E don reach Nigerians Which of go dey Nigeria if una dey export

I read somewhere that they feed school children with one chicken per term

Why export E don reach Nigerians

How does Nigerians benefits

See your self?

Onyi22:
Marry a womanizer at your own risk
Nigerian guys are Useless, All of them

Not true...

By the way, rain is falling and Lagos stadium has no cover.

They might end up playing without fans!

Uyo has the best stadium in Nigeria, Abuja stadium is still undergoing upgrade and maintenance, so Uyo is the best venue for this rainy season...

But who cares?

OmoManU:
No they can even kari the whole of Nigeria to Uyo, must everything be involved by tribalism?

No other venues can really give the Super Eagles the befitting sauce needed for any super eagles game like a super eagles games played in Lagos. Super Eagles played their best games back in the days with the maximum fans support like no other in the national stadium Surulere before politics was introduced into everything .