Reference's Posts
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seyluv:That's why she was given just a 5 year sentence, a light one that is for crimes like theft and so on. And 11 years ago sounds like delayed justice. |
LEXYCOM:Supreme court? over just a 5 year term for manslaughter, 11 years ago. Haba. |
Habakus:So happy about that. But can you see that it is regions holding and have held the Presidency recently and in the chequered history of Nigeria that are most disquieted and dissatisfied. Truly the Presidency is overrated. I honestly cannot see what are the concrete benefits a peoples get when the President comes from their region. Next to nothing. Only a few bigwig pirates from that area, not the people. Frankly it is Nigeria that ultimately loses not having a South-East President, not the South-East. |
Nothing much to say. When government does not deregulate in a contracting economy, it is bound to lose control. I continue to say it. Supporting a weak naira artificially for starters is taking away the powers of the CBN to control the economy. When 70% of your GDP passes through the black market, how can you be in control. But he said that Nigeria produces nothing so we cannot devalue. I asked, then what are you doing heading government. To change or maintain the status quo. Folks, this is an admission that they cannot diversify the economy, short, medium and long term. No one in this government knows how to go about diversifying the economy so as a people we should just wait for the price of oil to rebound substantially. Perhaps by 2018/9 will we see oil prices heading anywhere near those of 2014/5, then the government will 'regain control'. Folks, the price of oil is the official barometer of our economic well being. For the first time in history we have openly admitted that OPEC is our government and the middle east is where our presidential villa or government house is located......weird. |
banmee:Now you guys are waking. |
bonechamberlain:Precisely. Excuses (by all governments past and present) are a sure sign that ideas are lacking and that your so called Institute of Policy and Strategic Studies is just a joke. The evidence is clear. We rely too much on oil and gas. The people blowing up pipelines know this. Just as terrorism thrives on publicity, pipeline vandalism thrives on dependency. Everyone from government officials, oil service contractors, oil companies and vandals potentially profit from sabotaging these assets. So what you do as a right thinking government is that as eagerly as you go after the vandals you also actively spread your risk. You begin to de-invest from the region, from the that source of energy so that in years to come the price of gas won't hit you, acts of sabotage won't cripple you. When the vandals know that you won't cry over their acts and won't bother to repair the pipes for months on occasion of dependency, they will fade away. But we are so driven by this maddening thirst for oil and gas and so ensnared by this ethno-geocentricism that I would bet that the next power station built will be a gas fired one located a gazillion miles away in Timbuktu. |
[quote author=shamecurls post=43637811][/quote]Some of you folks are just impossible. Can't you just stop for a second, reboot your thinking and consider the FACTS. If you ran a business will you depend on only one source of raw materials, one production process and one customer. Is there any nation in the world depending on only one source of energy or one location of its power plants. Is it strategically or economically prudent. Are we resilient or weak as a nation by this arrangement. It is pipeline vandals today. What if it is foreign invaders tomorrow. Are we that daft. I gave an example a while ago. It was planned that Geregu power plant in Kogi taps gas from Escravos in Delta through some 700 kilometres of pipelines. Is that wise when you consider that Kogi state has un-exploited coal deposits and borders Enugu state with proven coal resources. That will be some 300 kilometres of rail-line to convey the coal. If not for politics and sentiments and the attitudes you guys continue to promote Geregu will be working by now. Is it an issue of coruption so widely touted by this government - no. It is an issue of sentiment, an issue of structure. Nigeria is the way it is because sentiments beclouds objectivity. The person who took the decision for example to place a gas plant in Kogi cannot be charged for corruption but has damaged the country even worse than a corrupt man. That is why in Nigeria nothing works. From rail, to refineries, from schools to customs services. Every decision is structurally deficient. |
Saheed9:Yeah and after all the hue and cry a lot of work was 'allegedly' done. May have been cosmetic but my gut feelings is that it was shoddy, substandard and could withstand the poor maintenance culture and mean attitude to public, 'government' property flowing in our veins. Even Louis Edet house built by almighty Juilus Berger not a millenia ago is already showing her Nigerian complexion. |
DEXTROVERT:You must be nuts. I implore you to board an airplane flown by a pilot without a license and when you return to earth with half your life, go under the knife of a surgeon without a license. Then you will know how and why. |
DEXTROVERT:You must be nuts. |
DEXTROVERT:You must be nuts. |
Kay17:So if the NNPC can be restructured at the drop of a hat how enduring will these heavenly changes be and will it not be better to pin these changes down with the weight of the law with 170million Nigerians on top of it so that some scoundrel doesn't toss it into the bin tomorrow. At the end of the day it remains the same argument. What Nigeria needs most to develop are strong institutions. Democracy is not a one man show no matter what one's feelings are. The solution to dysfunctional arms is not to relegate them but to develop them because a nation's strength is the weakest link. |
CFCman:Thank you. And the people saying bull here fail to realise that their representatives are tools of their own interests. If they want the NNPC unbundled their reps will not oppose it and to my knowledge they have not. The reason why the PIB is not passed is not because of the reps but the people they represent - Nigerians. |
Wallade:You too don't understand. No law means no law. It will be illegal and in sane societies no one will do business with an illegal entity whether local or foreign, whether banks or customers. And like I said, a new government can easily nullify and reverse it. The President is not a law or an institution unto himself. Its like you want to register a business and the CAC says come to us first and you ignore them. There are consequences. |
Peterwins:That is what the shallow brains criticising the Senate fail to see. If it is not legal another government will just consider it null and void. The bane of our democracy is the continued degradation of our institutions. Having said that I personally want to see the end, not the split of the NNPC. We should completely privatise the oil industry if we want to diversify the economy. |
BizBayo:So why is he only 'angered' at the mismanagement aka theft of party funds and not take action as he is apt to do in other cases. Is it not because an investigation of the theft will lead to the sources of these monies and we may find out that security votes and other budgeted funds had been diverted by state chapters of Dasuki Incorp. And that he rode these financial waves to Aso Rock. Really Mr. President. Only angered?!?!? |
mjbaba:Hmmm....so it is only Federal funds the EFCC goes after. What about Yahoo boys. Do they steal government funds. What about the Ricky Tarfa case. Was it about government. Some APC fanatics have taken sabatical to work in the bakery, busy sugar coating stuff. Abeg just be quiet. |
alt3r3g0:Are you in China? Do they have fuel scarcity in Saudi Arabia. Venezuela is broke. Do they import petrol? Does Eni face militants blowing up lines in Italy. So what is the comparison about. Is it not stupidity to use global models that work contrary to local conditions. You have used a system for 40 years and it is not working and you entrench it further. Is that not madness. As I exemplified. I remember CLEARLY. Cement was on the list essential commodities the last time Buhari was in government. Today it is an export commodity. Pally, I have told so many. Petroleum, oil, gas are ordinary commodities. Donot elevate them beyond their status. Let us demystify them. It is government and its evil collaborators that make it an idol, a god to be worshipped. The process of making petrol from crude is no more complex than making cement from limestone. Think Nigerians. Think. Bush boys with no education are refining in the swamps. Why is government hanging on. What is in a refinery that an Adenuga cannot build and run. What abeg. |
They unbundled the nonsense called the NNPC and the first and only thing you hear is not what they would do, how they will operate, what new levels of efficiencies will arise, what will change, but as usual in this joke of a country, who heads them and in typical failure mode the 'sharing' of positions (that's all they know how to do) is done by geography. Do we know who or where the CEO's of Dangote's subsidiaries come from. What about GLO, Innoson, Silverbird, etc. No one cares. We only care about products and performances. Why can't we do same for gas plants, refineries, oil blocks. Afterall when we drive to the station to tank up we don't ask where the owner or manager comes from. Government should just get the hell out of the oil industry. Rubbish people. |
I don't make comments about the stupidity going on in the oil industry but these people really ought to stop this deception. For heavens sake. You say you want to diversify from oil yet you continue to entrench yourselves in it. Stopping dependency on oil to me means liquidating the NNPC and getting the hell out. Dangote says he is buiding a massive refinery. Why not throw in your lot with a company of proven track record, a home grown private entity who has done it for a host of other commodities. There was a time in history cement was like petrol today, here today scarce tomorrow, cheap today, expensive tomorrow. That era is gone because government gave up the cement business. Why can't it give up the oil and gas business....if not for corruptive, manipulative interests. |
Well this is why I continue to emphasize that only restructuring can truly do more than the cosmetic changes we have on offer and that the current leadership will only maintain the status quo as they are proven 'establishment figures' i.e. operators of the Nigerian system that has led us fifty years to where we are. Some still emphasize that 'jail the corrupt and all other things will be added unto us'. Has it? Are we developing. Can't we see there is something fundamentally wrong with the way we exist in this communal entity. The economy is bad - no solution. Security is bad - no solution. Tribal and cultural chasms are widening - no solution, and on and on. This is a country clearly unable to make headway. Its disappointing. |
Good idea. One too many problems of that market dating back and each one getting bloodier. It should be relocated to the outermost limits of the state. |
Creamz:You are mixing 'next of kin' with a 'will'. They are not the aame thing. In my opinion the first is more about responsibilities towards you while the latter is more about benefits. |
lamideee:Hmmmm......understand your sufferings as a result of your poor choices. That's why I will always advocate women especially to develop themselves before thinking about relationships with men. Elevate your thinking. |
My wife of course. Is this a question. |
Silly people. |
lomprico:Just getting your knickers in a twist. Instead of hiding somewhere so that this sad chapter blows over you're rather accentuating it. Turn it upside down, in to out, it looks and sounds bad, really bad. |
Ogbeh has started. I expected him to be off the mark quickly in his usual thievery and true to form in classic manner it is imported Brazilian grass. A leopard can never ever change its spots. When they come up with these crazy, unverifiable, unquantifiable schemes just know that its leopard feeding time. The ultimate virus is one that mimicks the human cell or hides underneath it such as the HIV. The ultimate corruptor is one that can hide under a government acclaimed for its anti-corruption wars and successfully plunder it. |
AfroKnight:Uncertainty. In everything. Exchange rate, import regulation, pricing, etc. In business no one wants to be caught without a chair when the music ends. That is what we are saying. Let us practice free market. Government has no business regulating exchange rates, dollar supply and certainly petrol. Let the government leave us alone to buy, sell, make or not to make. |
When we say that the most important decisions of your life should be God centred, people often take it lightly. Marraige is a 'life' decision and is on the exclusive list of God. God made woman and 'brought' her to man. It is God that selects wives for men so I seriously advice you end this misadventure and return to God for the needful. |
Am sure each side wished they had a certain 'government' to make the outcome a bit more decisive in their favour. The Nigerian state has never be this fragmented and fragile. The merchants of the status quo must be running out of crack covering green and white wallpaper. |
viviangist3:From what or who..... |
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Am sure each side wished they had a certain 'government' to make the outcome a bit more decisive in their favour. The Nigerian state has never be this fragmented and fragile. The merchants of the status quo must be running out of crack covering green and white wallpaper.