Reference's Posts
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Mcowubaba:No need to talk further about that. You clearly don't understand the need for strategic monopoly in budding new investment in public infrastructure. I don't have the time to write a long epistle on that. |
bakynes:And what is wrong with bringing the likes of EDF, Gazprom into the picture. I'm sure the present GENCOS will welcome that. Government can help to facilitate business the way an gynaecologist can stimulate pregnancy by bringing the sperm and egg together without violating the natural course of birth, i.e. existing contractual obligations. Afterall when did Etisalat join the big 4 and if memory serves me right a certain ECONET started the GSM journey in day 1. Things happen. But like I've said before, it is the structure of the privatisation that was faulty and I believe that keeps investors, competitors, financiers and the likes out. Now listen. We should not have broken PHCN laterally into generation, transmission and distribution. It is not done that way in serious countries. Ask how the likes of EDF operate. They operate top down. That is the generate, transmitt and distribute to specific sectors. It is like asking MTN to own the satellites and up links, Glo the submarine cables, Etisalat the transmission towers and Airtel the switch boards and then expect them to invest and generate revenue. The system will be a mess. Calls will hardly ever come through and the blame game will be aplenty. My take is this. Political expediency created a scenario where the whole country will be covered by power services at once. They wanted to avoid a situation where no investor will pick up assets in economically disadvantaged locations (you know them). Remember what happened in the GSM rollout. The private sector will eat the meat first and then take years to finish the bone. But thus is the right way investors think. No one will see Lagos and put money in Zamfara or Abakaliki first. They wanted to create a level service field from the get go and had no option that to break PHCN laterally. Politically right, economically disastrous. What they should do now is to correct this anomaly by encouraging mergers across the three sectors so that one single entity generates power, tranmitts it to the place of optimum consumption and collect the dues directly so no one owes no one and no one rejects the services of no one. And the government should hands off transmission. They should not determine where power goes. If they want to 'feed the poor' they should incentify. Let the competition be top down and see how massive investment will begin to poor in. Which bank will give loan to a company that it cannot monitor let alone collect revenues on its behalf. There is no business trust within the system caused by the unwieldy, inefficient nature of its structure. |
Mcowubaba:Well, I will tell you, one of the attractions of the process was the exclusivity of the business. Ask yourself why government decided to sell just 5 GSM licenses in 2001 and not 36, one for each state. And how successful the government has been at selling licenses for refinery development that it made more or less open to all and sundry. |
bakynes:I agree but that is still not ideas. Ideas represent a new thinking that solves problems. Yes, they are 'cronies' or whatever, yes they have not invested (not entirely true), yes their contracts maybe watertight but wtat are the ideas to get round these obstacles. This is what governments are elected to do. Solve problems. If there were no problems in life, there will be no need for governments. If there were no challenges, there is no need for leadership. In developed countries current problems are analysed constantly by those in government and those in opposition and solutions are proferred regularly to societal issues. So that whosoever gets into power knows the challenges and has a working solution ar hand. Government is not the place to 'learn work'. Theresa May had a vision for brexit and a working solution to go eith it. That was the basis of her ascension. That is why to date you don't hear blaming past governments here and there. I hope Nigerians can fly through the haze of ethnocentrism in the future and ask serious questions before giving power at the ballot. If not real change is just a mirage. |
Mcowubaba:Yes, in a way. They can only go into partnership with the gencos or discos. No one has the permit outside the act to generate, transmitt or distribute for public use.... in a nutshell. You cannot give your neighbour electricity and collect money. It is illegal. |
magoo10:I don't get it. Morufu ruined my car. Kola promised to repair it. I sacked Morufu, handed the car over to Kola. After 2 days the car remains the same. 'Kola, what is happening. Sir.... Morufu bad gaaaan'. |
bakynes:Ideas first. What are the ideas that distinguishes this government from the one that sold the sector to 'cronies'. Remember all, that this government was voted in, (i.e the past government was voted out) to right the wrongs. If it cannot then what is the difference. |
GoodBehave:Exactly. It is up to Nigeria to maintain its unity, not the present thought that Nigerians should beg to be part of Nigeria. If an association cannot support the aspirations of all its members then splits are inevitable be it associations of sports, business, leisure, professionalism or politics. I mean the PDP could not listen and address the concerns and yearnings of all its members and so a group formed the nPDP later joining the APC. It is so ironic that those who hailed that move fault the aspirations of others for self determination. What is the difference. |
XXLDICK:Not true. Enugu has the best roads through and through. The Sullivan Chime led government invested massively years ago. Ugwuanyi has tried to follow to the extent of the present economic realities. There are two ways one can view this. The number of motorable roads of which Enugu has far more as it is a bigger state. The ratio of motorable to bad roads which might be higher in Ebonyi. It is like comparing roads in Lagos with those in Abuja. You can make a case for both cities as to which has the better roads, bridges, rail lines, etc. |
Innoson pls. 20 million for what. |
Congrats to Manchester United. Deserved winners. Glad they are back in the Champions League. Mourinho is a serial winner, but they need a far better squad to compete respectably next season. |
Classic Mourinho. |
They are young but these Ajax players will burn themselves out. |
This game is highly tactical. |
Mourinho won't open this game up for the gung-ho Ajax. |
The sexualisation of society in full bloom. Every where you go its se.x, s.ex, se.x. Music, movies, media, madness. |
Then when he is kidnapped society will be crying. I repeat without apology to any stupidity out there. Just like the over sexuality of society has led to the torrent of sexually related crimes from prostitution to incest and rapes to assault, so the over monetisation of society has led to aggravated financial crimes from robbery, kidnapping, fraud, embezzlement and theft. Support idiots like this and watch your country go to the dogs. When civilised society frowns at things like these and persecutes people like these it is because it will cost them dearly to protect society from the fallout. The waste of a country's resources to insulate its youth and protect its vulnerable. |
Typical entry level salaries at that time were between 200 and 500 naira a month so work out what percentage of your disposable income then and now goes to NEPA/DISCO to determine whether you are getting a better or worse deal viz the quality of services....which have not improved over that timescale whatsoever. |
mrsirdam:Hmmmm....trying to form PUBLIC OPINION based on one car, one incident.... |
Acidosis:Not offering anything but sir you don't own one, accuse Nigerians of being 'highly judgemental, relying on public opinion', then read what you wrote after that..... my oh my. How did you arrive 'when you DON'T OWN ONE..... the same public opinion. C'mon man. |
Now Mr President is being equated with democracy. See the problems we face in Nigeria and the challenges we have to tackle. They say the quality of a system is determined by how many redundancies it has. The aircraft has multiple redundancies because air mishaps are so costly. The human body has several built into it. The critical organs come in pairs. The ones that might have conflicting duplicates such as the heart are built to exacting standards. The heart is the strongest mucle in the body, the brain is encased in a thick cranial bone for ultimate protection. If we want to believe our democracy is growing and then cannot think or see beyond a single individual and cannot create effective redundancies in political office then how can we describe our experiment as anything but faulty and our institutions as a seriously weak. That is why most keen observers have emphasised the need to build institutions at the expense of elevating strong men. This is an example. For a few weeks now you can equate the activities of the EFCC with Mr President's health condition, increasingky fragile, no longer vibrant. This is the danger. Had it been that the financial watchdog had been independent of persons, parties and even policies, it will today have a substantive chair and its activities constant whether Mr President was around or not. Like the human body I will suggest that if we want a single 'strong man' character to lead us kicking and screaming then we will need an individual with the resilience of the heart or the protection of the brain. Right now we don't have either so it will have been better to have a backup (institution building) so that if one eye or ear or lung or kidney is lost, the whole body of government is not compromised lime we see today. This is the task for the people, to insist the way their government is run, with the same vive they have for superheroes, that sometimes can prove as human as the rest of us mere mortals. |
SexualityMod:And it is the only two we need for the foreseeable future since our politics is not one based on ideology, fundamental distinctions cannot be made. It will swing between both parties and hopefully that oscillation will produce good governance over time. However the basic problem besetting this country is not one of politicians or political parties, but of the way the country is setup. The foundation is faulty so building anything of political value is just fraught with dangers and disappointment. Change the game, not the players. Buhari maybe just be a miniscule cause of the problems we face as a nation but his removal and that of his party is not the solution because our problems run deeper and any new leader or party cannot fundamentally change the fortunes of Nigeria. |
Poor little thing. Mothers should be careful what they consume in pregnancy including incidental toxins from things as innocuous as agro chemicals used in farming or other pseudo domestic activities. They can be exceedingly devastating on the fetus. |
Happened to me once courtesy of stress and almighty android. Didn't see the final GT prompt. But in my case it was to a business contact so no probs. How it happens to a random fella befuddles me. All banks should adopt tbe GT system. Register the recepient first before the transfer can be made. Surely you can't bung that twice except under a spell. |
fastgyal:You're actually in this world and haven't watched a Bond flick.... |
DONSMITH123:Don't waste your life. Nigeria at present is not worth dying for. It is still an unripe orange that cannot make lemonade. Ethno-religious fissures run deep and you will fall into one and die for nothing. Suffering is a universal leveller. When people get hungry, tired and frustrated enough to forget their culture and religion then to lay down your life will be the spark that brings about real change. That is why I don't pray for good governance that aims to paper societal cracks but governments (like this one that will add more fuel to the fire). By 2019 everyone will be demystified, the people angrier than ever before and hopefully closer to the point of acceptance that salvation lies with no man but only restructuring can and will save Nigeria. |
By 6pm him rectum go be like Mount Krakatoa just before..... |
IamaNigerianGuy:Hmmm. I dey tell una say corruption no be our problem. Na structure. |
Africans and food. Eating every specie into extinction, but to raise animals for food is a no, no. Too lazy to do that. Whatever that snake feeds on is shortly going to proliferate and the outcome will become unpleasant. Leave wild animals alone. |
He should finish his tenure and leave that place. What is he extending for. African politics and personality cults make an elected leader feel like an idol to be worshipped and a demi god never to fall. It is never about their service and the people they claim to represent. There is no politician who can remain popular and effective beyond his due date as far as modern politics is concerned. |
hucienda:Exactly. And when a practice is all encompassing it is called tradition.Corruption is the tradition of Nigeria. The only identity that binds us together. The earlier we realise that the better. Can you imagine a whole vice-president of a supposed anti-corrupt government pleading that a corrupt traditional leader be spared the law....then he will town hall or attend symposiums and blab on and on about how corrupt government officials and.others are. Wetin be the difference. All na abuse of power. Corruption, simple. |
ojun50:By 2019 every one will be demystified. I have said times without number. The Nigeria question is not about corruption. |
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