Reference's Posts
Nairaland Forum › Reference's Profile › Reference's Posts
1 2 3 4 5 6 7 8 ... 602 603 604 605 606 607 608 609 610 (of 867 pages)
They prefer to talk about corruption and economy not about the state of the nation. Which foreign investor will bring his money into a country, into a state wnere such is the norm. I have said it time without number, without restructuring, we simply cannot become a nation. This place is just a collection of peoples. There is nothing two Nigerians share in common. Government is a just failure in continuum. You listen to radio stations like Nigeria Info in Abuja. Just raise a point of observation about these happenings and others critical of government and they angrily shut you down. All they want to hear is the praises of the government and to think the likes of Swat Duniya and co are from these areas ravaged by sectarianism begs reasoning. They don't want to squarely address them, they avoid them. All they rejoice about is Ipob, Ibori and Wike while their townsmen are continuously slaughtered. How long can this gathering of people continue to pretend before civil war explodes upon us all. Nonsense country. Useless people. |
sekamykome:Good morning. Like you have been on an expedition to Antarctica the last couple of years. |
Well, I think people accentuate whatever valuables they have. Tennis players insure their hands, footballers pamper their feet, bodybuilders spend time and treasure on their bodies. Now if there is nothing visually outstanding, expensive and well cultured the natural assumption will be that it resides on the inside, either in the brain or in the heart which leaves a lot to be expected. So they assume rightly or wrongly, that..... that is all you have to offer, that is what you are about, that is where your time and treasure is expended and it kinda.... insufficient except if you are going to be a model or a world class hair dresser.... Just like when you see the fairer sex, ladies overdoing it. The natural assumption is that, that is their best foot forward and there probably isn't more to offer. People always put their best foot forward. Give them a break. They don't want you forming glass ceilings over your life. |
ayobase:Those in the industry know how terrible the situation of electricity theft is which is worsening with he the recession. Admitted it is the responsibility of DISCOS to protect their investments and there are many suggestions and proposals out there on how to tackle the menace but to think they will just go on and on incurring losses without side effects is just foolhardy. We will get the service we are prepared to pay for. This issue amongst others is one of the big reasons, the big, global players watch from the sidelines, that is weak corporate governance, weak regulations, weak enforcement. If you stole a pack of recharge cards and you were caught you will be charged. On the other hand, have you ever heard anyone arrested by the police for stealing power. The worst you get is a disconnect, a small fine and a reconnect even if you have consumed a million naira worth of electricity. No business can run like that and yet we want stability while right billing covers just a fraction of consumers. |
progress69:Sentiments as usual. I can only reply objective arguments on the subject matter: why power is rejected. And for your information it is normal in the energy industry worldwide. You simply cannot take what you cannot use. If you are not making profit, you are in debt, the consequences of which are worse. Transysco should study the pattern and advice the GENCOS to trim output whenever uptake is weak if not, it is they who will go bankrupt. |
DirtyGold:Electricty is not welfarist in any part of the world. It is thinking like this that got us here and only reforned thinking can get us out. |
agabusta:There's nothing wrong. The industry is just maturing and I commend the DISCOS for flying an independent kite. Hopefully they will move to the next stage of diversifying their power purchase from Transysco and open up the whole market to whoever can supply them power and a favourable price to them which includes the general public. Rejection means one or two things. Either the economics isn't right or the technical package isn't. Why will I buy power if I cannot make money selling it. Is that not a debt which will sooner or later destroy the whole industry. We all know that three of the biggest challenges faced today are: low electricity prices, poor transmission and distribution infrastructure and electricty theft and until these can be adequately addressed and surmounted, DISCOS will have no alternative than to buy only what they can sell and when they can sell to make a profit. This is purely business and if government as a whole operated like this, we will not be in the mess we face today. |
DEBJOCH1:Some still stay in the city. On my way home from Jabi shoprite they closed down a road section close to the Okonjo Iweala/Arab junction where they have a settlement, on Christmas eve....didn't get to see bare butts cos it was already dark. |
COMPAQ:Just replicate the Northern expresway and Airport Road designs in Abuja. It eil cut down the go slows by 50%. |
wablex:It is still a terrible place to live in. I have several plots of land in Lekki and no one around me is enthusiatic to see me develop them. These pictures are just discouraging. Just cannot do Lagos abeg. |
Instead of preaching real Christian values that warn about the consequences of greed and Christ being their sufficiency and wealth coming from sound wisdom, he is pleading for a bailout so that God will subsidize their stupidity. If or when they are rescued they will boast about their ability, testify about fheir 'righteousness' and having learnt nothing, return to the prodigal son pig slop where many more Mavrodis await. These are the people that give Christianity a bad name. |
SCRABBLEBOARD:Won't be surprised if HIV was the grim reaper. The timing of his preferences lends to that, a perod of relative ignorance. |
Bbklopsy:No, recessions are neither here nor there. What every Nigerian should be looking for in leaders is their ability to reproduce quality leadership. To institutionalise processes by which only the best subsequently comes. Ibori did not do that, if Buhari cannot do that he has failed, no matter how many roads he builds or hospitals he commissions. I will rather remember Buhari or Ibori for what CONTINUES to happpen. That is why I rate Jonathan high. He has left a great legacy that has enabled free transfer of power, so the opportunity for subsequent quality, sustainable quality is there. Can you imagine if Buhar was Jonathan's 'boy' or Jonathan was still in power overiding the electorate or still controlling the rudder of government....think pls. |
nams77:The desire of a hundred million people does not make it right. We have seen a classic example of this present Federal government so far. There is a lot of ignorance out there, that is why folks like Ibori, IBB, etc had support for so long. In 30, 50, 100 years from now, Deltans will rewrite history when they will have sorted themselves out. |
nams77:Credibly well in what way. The yardstick we use to rate leadership in Nigeria is just so ignorantly mediocre. The quality of leadership is legacy, the ability to sustain and improve quality. Even generation after generation of the humble mosquito has improved capacity and productivity. If a lion (what you call Ibori) gave birth to a dog (what you called puppy faced Uduagan) who did next to nothing in 8 years, then Ibori is the sole cause. Look at Lagos State. That is a small example of good leadership, the ability to REPRODUCE SUCCESS in increasing measure. That is why the expectations of Lagosians is so high and their governors have no option but to perform. What has been the performance of subsequent Delta governors. Lagos has developed a system of good governance. The reason why folks are crazy about Ibori is out of starvation. They long for the 'good old days'. That in itself shows Ibori failed because he should have institutionalised his successes so whether he is there or not Delta will be great. So I don't buy this 'strong man' mentality. It is failure, pure and simple. And I say it for this federal government. The legacy it leaves will be the yardstick of its quality, not some borehole here and there or some tarred road, but the ability to build institutions by its selfless actions. IBORI BUILT INSTITUTIONS FOR HIMSELF. HE IS AN INSTITUTION. THAT IS FAILURE. |
Hmmm...like when they line up for identification and the distraught lady behind the one way glass says,.....'yes, it is the second man on the left..... the one who.... raped me.' Nigerians need enough suffering to elevate their thinking. Corruption CAN NEVER END under this structure. When they should all be there to konk his head and slap his face... what do you expect, a dog cannot eat a dog. |
Poorly scripted. There is an enormous size difference between the two. |
Sibrah:But another thing you have to consider is that solar is cheaper in India because they have an enabling solar industry, i.e they make every single component of the generating system locally so they are able to control costs. What I have often said is that Nigeria should invest in solar power component manufacture. Spend half the money we are currently spending building or rebuilding refineries and these so called gas plants in manufacturing solar panels and other components. Have total government support up to cabinet level, make the enabling laws to support it, waive duty on solar manufacturing tools and equipment and subsidize manufacture through the BOI. Set a target of having a manufacturing plant in each northern state up and running in five years, then watch and see how Nigeria becomes a global leader in solar and see how costs will drop so low, no one will wish to see fuel plants. Have the building industry adopt solar for the construction of new homes and offices as mandatory for their approval. There is a lot we can do. This tunnel vision we have for oil and gas is just stupid and highly risky. No nation worth its salt does not have a healthy power production mix. Even the uneducated farmer in the village knows that if he does not rotate and multicrop, his soil will be lost shortly and permanently. Can any man survive on one food source without serious illness. How can an economy survive with this visionlessness |
ArabMopol: bloody socialist....but you've got a strong point there. The Sokoto plant economics is dodgy at best, but I think even at 178, it will no doubt be cheaper than individuals running their plants. Once you scale up, no matter how expensive things are, the unit costs always fall. |
Sibrah:Thank you. The guy has had more than enough baloney for Christmas. Solar in Sokoto is a no brainer. Back it up with piston driven diesels (not turbines) at night when consumption is typically lower anyway. Yes solar takes up space but it is not entirely wasted space. You can always elevate your panels and get back your land for whatever can be done in the shade. That N170/KWh will then be used to recoup costs and will last for only a few years then you have a plant that will charge 10/KWh for the next 50 years. You see the good thing about solar is that capacity can be increased by small margins every year if the government so wishes, diesel on the other hand na wahala, maintenance is a big big challenge and being a plant of continuous motion has to be staffed 24/7, salaries will be astronomical. If one single bearing fails the plant can be down for months, then if the turbine company has moved on with technology you will suffer, if the turbine company has folded up, you will fold up too. If you know the number of non functional turbines there are in the various plants across the country you will be shocked some of them for a N10,000 spare part that takes months to find. They will need the turbine company to be on the hotline 24/7 and that does not come cheap. Fuel fired power generation is not for the faint hearted and Sokoto is a far place to travel. |
Blue3k:Are you thinking at all. How is solar more expensive. You guys have this tunnel vision than warps your thinking. Look at the big picture my friend. Solar is only expensive to deploy. It costs very little to maintain and in a region with lesser than average rainfall/cloud cover it should be a no brainer. Diesel on the other hand is derived from crude oil, mined 1500 kilometres away in Indian territory and the nearest refinery is 500 kilometres away in Kaduna and is totally moribund. Does this make sound economic sense when you know that anything called 'turbines' absolutely hates the turning off and on an epileptic supply of diesel will cause, so expect the plant to have serious maintainance issues going forward. To overcome this they will inevitably have to source diesel from 'suppliers' whose qualities cannot be guaranteed and whose prices will not be stable. As we speak diesel in Abuja is N250, not the 205 quoted. The instability of prices will cost the government millions in subsidies to maintain that N178 electricity price. God on the other hand gives sunlight on time, 6am everyday at no cost. Is this an argument. Pally, think again. I commend the government for taking the initiative to be power independent but it should have not made the mistakes the feds are making which are two fold. One, invest in transmission and distribution first. Build your own infrastructure independent of Transysco or the various Discos so you are not injecting into the so called 'national grid' which is a bottomless pit of corruption and mismanagement. Instead direct the power you generate to specific targets: industrial clusters which can afford the high tarrif and can be monitored for payment (i.e as opposed to individual consumers who are more likely to default, whine endlessly and end up bypassing metering), and intervention agencies such as medicare, fire, security. Two, invest in an energy mix, not dumping all your eggs into the oily basket or investing in gasses you cannot see or hold with your hand. So the plant they have built should be a backup for when for instance solar is offline, at night or at gloom, not the major source of energy so you can afford to store diesel and thus gives you the market leverage to get best prices and overcome supply constraints. Ayade of Cross-River did it last year, a small 4 megawatt diesel plant but almost immediately saw how terribly expensive it was to run particularly when it was situated in his local government that produces next to nothing in terms of industrialization. It is a double edged sword my friend and most governments are holding the sharper edge. |
tainot2002:Pls spare me this stale tale this season of good chèer. Was it not one designer item after another displayed during the recent wedding of the President's daughter. Does that symbolize faith, passion, honesty in the very things they preach. Does that show leadership in any form or is this message for the faithfuls while sin rages on in the household of the messenger. If our leaders are the last to comply, the last to be patriotic, the last to be honest and forthright then there is very little hope at all for recovery. I am not a child to swallow their spiced baloney time and again. I look at WHAT THEY DO!! as a marker to project the future and from what I have seen these two years and counting there is no difference whatsoever in attitudes which leads to habits, which leads to experiences. It is one hypocritical latrine after another opened up. My expectations have not changed. The best we can get from this government will be superficial. They cannot change this country, they cannot even scratch the surface. |
Whytelyon:Shows you don't understand anything concerning this matter. You cannot regulate an item of high demand if you cannot ensure supply. The Federal Government is a minority player in the forex market and cannot dictate the direction of the market. The result of any attempted regulation is to drive the players further underground and exchange rates up. In a supply, demand market, the only way to merge the rates is to float the naira. There is a lot of fx in Nigeria, people are just not selling because of uncertainty. The government is heading deeper into the wilderness, most folks are guarding their provisions. Government has no business in business. In 2016 it cannot dictate the exchange rates. |
No sir, we are not yet ready for restructuring. The yam is on the fire but not yet done. We have not suffered enough to have our mindset changed. |
This is normal and they have the absolute right to demostrate for whatever they see fit and it is up to government to listen and respond appropriately. The summit is welcome. The responsibility of government is not restricted to building roads and schools but more importantly building society by ensuring all peoples remain on the table of negotiations for a social justice and equity. This is where I fault the theme of the townhall. There is no security problem in the east except to those who wish to force their will on the peoples of that region and the economy ranks a distant second in importance to socio-political discontentment. The east I beleive remains at the very top of all national economic indicies, so it is not the absence of money but the paucity of opportunities. They never said they are hungry, but they are angry just like any foreign investor looks at Nigeria from abroad and returns his cash to his wallet. So the government should go and engage, should do more listening than talking and more obeying than commanding if it will stand a chance at pulling this nation from the brink. Obasanjo has no business there. |
Omeokachie:That's is the classic african ignorance exhibited. He must have followed the American election to the letter and thought he was Trump, making all sorts of incendiary statements but without the foundations of institutions to support them. He forgot Jammeh is an institution he is trying to abrogate while he himself stands on thin ice. Indeed he should see what the so called war on corruption has brought Nigeria, the destruction of institutions, the truncating of government and the recession, all because of careless, thoughtless statements and half hearted, random, flip flopping, the kind of vacuum only mediocrity exploits. What has ultimately saved the Nigerian state from catastrophic implosion was the gentleman's agreement that spared ex-president's from probes, prosecution, persecution and all the bile of golgotha just so that they can let go of power. This expensive culture has no doubt aided at least one smooth transition of power betwèen political foes so much so that even states are beginning to adopt these measures. African countries ought to learn from this to keep the slight flame of democratic hope alive while they huff and puff to add more wood to the fires of change and development. Both victor and vanquished are complicit in this sordid drama. |
Full blown Feudalism. Cross-River is his empire and he is king. Job creation meanwhile is the product of sound economics they unfortunately have no idea about. And what do these 'aids' do except the slow, agonizing death of the State's economy. |
Can Nigerians now see whay it is necessary to have strong opposition because it is only political opposition that will stop this government from imploding. If they felt they would lose power as a result of pressure from a 'waiting government', even the APC will have been united today, but because they have actively sought to kill the opposition, it is bound to rise within because power cannot exist in a vacuum. Now, the PDP remains weak, the APC divided, the governmemt at odds and the people who are the shareholders, swindled. Everyone has lost, or is losing. The British Labour Party was ejected on economic grounds. They began to attack the Conservatives, the next day after election. Nobody told them that since they failed, they should not speak, thoughtless of not existing, but the black man likes absolute power, wants to become a feudal lord because he is lazy minded so cannot see that you can only win where there is a competition; and unfortunately the black man on the street wants sugar coated tales, someone to take his responsibilities so he has an inordinate belief in he who can promise heaven and earth while he does nothing. That is why Nigeria boasts of its oil resources, stupidly calling it wealth, because it does nothing to find it, produce it and sell it. Lazy ar.se.d people. I said it in my historical posts, that a time will come when the people will look for political opposition and when they cannot find any, return to the catacombs to dig up the bones of the PDP, if only to ignite the fires of good government that comes with a balance of power. One party systems donot work. Dictatorships are always disastrous. |
freeze001:Hmmm.... DSS part of Presidency and Magu's nomination coming from Presidency ?!@s*!! ...errrrmmm..... exactly how many Presidencies are there or should I say... Presidents... |
archipelago:That is the exact problem. You can profer solutions in a proper democracy with working institutions, not in a dictatorship where one man's views on every matter alone, stands. He did not want to appoint ministers, his chief advisors and operators and uptil now they are more or less 'government fillers', having offices but with little impact. If they cannot advise their employer, what chance does the general public have of getting their views heard. Was it not Clinton that said, 'what Africa needs are not strong men but strong institutions', what did we do, we abdicated our responsibilities as citizens and cast all our lot for a strong man. We have a strong man now, so why are things this bad, we say the past. Then what is the need of a strong man then. And is it the strong man you want to advise now. Now you know people should come together and build. 2 years ago, it was Buhari my lord and personal saviour.... Nigerians are funny. |
vodutive:Exactly. Nobody read history, just fell for rhetorics. If one was investing in an instrument will one not look at historical performance before placing his order. What investment is greater than a vote for national leadership. Look at the billions lost to basic economic blunders, billions lost to rat chasing when fire is burning, Now the one and only pedestal on which this government owes its legitimacy, the anti-corruption war is in tatters. Zero convictions, weaker and divided more than ever institutions and a septic hand that undertakes delicate surgery. Like I said again, if OPEC does not come to our aid with massive production cuts, I cannot see any chance of averting total economic meltdown in the coming months. This government clearly has no ideas. Just playing for time. |
Olalan:It is the tragedy of a failed people. When the MMM virus was spreading they gobbled up the lies and deception like a famished man in reprieve, now the truth is out they don't want to hear it. MMM talk is now excessive. This is the hallmark of a person or people hell bent on destruction, living in self deceit. And they will say Nigerians are brainy but lack opportunities, they will say the people are hardworking but bad leadership is their bane. They will say Nigerians are righteous, that it is politicians that are corrupt. I have not seen anything to convince me that Nigerians are not responsible for the misery they experience day after day. |
1 2 3 4 5 6 7 8 ... 602 603 604 605 606 607 608 609 610 (of 867 pages)
bloody socialist....but you've got a strong point there. The Sokoto plant economics is dodgy at best, but I think even at 178, it will no doubt be cheaper than individuals running their plants. Once you scale up, no matter how expensive things are, the unit costs always fall.
...errrrmmm..... exactly how many Presidencies are there or should I say... Presidents...