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Education › RentALodge–The Startup Helping Nigerian Students Find Better Safer Accommodation by RentALodge(op): 9:53am On Feb 22, 2017

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One of the age-old problems that hit students when they newly get admission to the school of their choice is a suitable accommodation where they can rest their head for the duration of their academic life on campus. Students need worry no more though as a startup is providing a creative solution to that problem.

RentALodge, founded by Tosin Adeoti, is an online lettings, booking and payment platform for off-campus student accommodation that is helping students fix their accommodation issues.

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The startup offers a straight forward and user friendly system connecting Nigerian students and properly vetted landlords and housing agents. They enable accommodation providers to let their properties both cost-effectively and efficiently, and aim to significantly reduce the stress surrounding searching for a new home for students.

Here’s How It works

In interested student can search from the myriad of accommodation from different schools and cities available on the RentALodge website and simply select the one that meets their specifications. After making a selection, students can then click the RENT button, make payment and print out the receipt. Payments are secured as thieir payments are handled by Paystack payment processor, one of the best enterprise level security system for secure transactions around.

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Once payment is confirmed, the process of getting the keys to the renter begins and it is completed in less than 24 hours. What’s more, delivery is completely free!

Bonus bit: Students can even get a job with them.

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Source: https://thesheet.ng/heard-rentalodge-startup-helping-nigerian-students-find-better-safer-accommodation-click/

Politics › Re: FG Orders Payment Of N150bn To Petroleum Marketers by RentALodge: 7:50am On Jan 26, 2017

I'm part of the vanguard pushing for subsidy removal, but the timing is wrong. If our refineries are matching our local demands , then it begins to make sense for subsidy removal, if PHCN is stable with electricity supply, there will be less demand on fuel and subsidy removal will have a merit .I have few questions:

Dangote is building refineries without subsidy money(?), why can't we (Nigeria) do same?. I still wonder why a country like south Africa that doesn't have crude oil have refineries more than Nigeria?

With single treasury account , money recovered from looters , why can't we fix the basic thing (Power)?.

Also, there is something amiss. When did the chief of staff have the constitutional authority to head a government meeting and to direct the treasury department to make payments on behalf of the federal government. Where is the VP who is supposed to perform the duties of the president in the absence of the President.
There is something amiss.

1 Like

Politics › Re: Senate Rejects Subsidy, Tariff Hike For Power Sector by RentALodge: 7:49am On Jan 26, 2017

Personally, I believe any tariff increase does not make sense.

The point cannot be over-emphasised that, from the way the electricity companies –generating, transmitting, and distributing – have carried on since they took over the respective sectors of power supply, these organisations have shown they are ill-prepared for the task that they accepted and indeed paid substantial sums of money for. And to date, they have not proven their capability to manage their businesses in line with international best practices.

Power supply remains abysmally inadequate and erratic, improving only marginally, and in fits and starts. Worse still, the companies have sustained a so-called fixed charge that extracts money from consumers as monthly payment for an installed meter which by the way, the consumer paid for in the first place; directly or otherwise.

Customers have received no satisfactory explanation for these bills; and those who protest are simply told to pay first or be disconnected. Despite the assurances of the Discos on delivery of pre-paid meters, consumers are yet to feel the impact, as the processes seem to take eternity.

Therefore, on what accounts are they asking us to pay more money?

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Education › Re: Polytechnic Lecturers Begins Nationwide Strike Monday by RentALodge: 4:55pm On Jan 25, 2017

I have no sympathy for these people!

Anyone who has been a victim of a Nigerian tertiary institution can confirm that the quality of teaching from these lecturers does not improve one bit whenever they return to campus after these strikes. If anything, some of them can’t even remember where they were before they responded to the cries of aux barricades and dropped their handouts.

In normal circumstances, it is useful to ask why teaching doesn’t seem to improve after government meets ASUP/ASUU demands even if temporarily. I am also certain that the problem is not really funding per se. Nigeria is really a poor country, so any solution we come up with, no matter how well-intentioned, will have to operate within the constraints of lack of funding.

Prior to the regime of President Buhari, Goodluck Jonathan at least increased funding of education to a priority. You can quibble with the amounts dedicated to education but he at least showed his priorities by allocating the highest budgetary amount to education – N433bn or 8.7% of the total budget in 2013.

Currently there is no system of weeding out the truly useless lecturers as they can simply hide under the ASUP/ASUU umbrella and get a pay rise when everyone else gets it.

EDIT

I deliberately left out the Nigerian government from this comment because I wanted to talk ASUP. The government is not of course blameless in all this – certainly the stupidity with which they sign agreements and then try to back out of them is worthy of flogging on its own. The FG also lacks the moral standing to do what is right as it never initiates the conversation about higher education in Nigeria. It is always backed into a corner by ASUP/ASUU.

Politics › Re: PHOTOS: Osinabjo Launches MSME Clinic by RentALodge: 2:43pm On Jan 25, 2017

This is a good step in the right direction. However the question needs to be asked, are these clinics empowered to really solve the problems of the small business? We cannot discount the importance of MSMEs to the Nigerian economy, especially when the country has over three million micro enterprises and over 11,000 SMEs.

Two of the major problems with small business are funding and product market. How is this clinic going to solve these problems? I believe what needs to be included in these clinic is the ability to find funding and markets for the small business.

This is a job well done and we must commend the government for moving in the right direction.

5 Likes

Politics › Re: EFCC Seeks Permanent Forfeiture Of Diezani’s N9.08bn by RentALodge: 8:50am On Jan 25, 2017*

But this was what she said about the said funds:

"I wish to state that I cannot forfeit what was never mine. I do not know the basis on which the EFCC have chosen to say that I am the owner of these funds as no evidence was provided to me before the order was obtained and they have not in fact served me with the order or, any evidence since they obtained it."

I think the best thing is to compare and verify what this woman has stated. She also challenged EFCC to produce evidence. I expected EFCC to come up with some facts/evidence, and not just tell her to come home. If EFCC has enough evidence, they can file for an extradition order to bring her to Nigeria or possibly prosecute her in UK just like the case of Ibori.

I am tired of reading every time on the pages of newspaper that they discovered so so so amount or house belonging to so so so and so, where as the DSS has submitted report against EFCC chairman, yet he has not been replaced. Report shows that the Secretary to the government of the Federation used over 250 million to clear land for the IDP yet no action against him. The issue of Burutai house in Dubai, still no action. A whistle blower has submitted evidence of corruption against 2 Hausa men in the ministry of foreign affairs, only for them to sack the man.

Please dont tell us what you discovered. Get all the facts/evidence and prosecute them. There should be no sacred cow. And let all the recovered loots be used for the development of the country, it should not be diverted by different set of people. We heard that billions of naira has been recovered, yet they failed to named the looters and how much recovered from them. we do not see the impact or what the recovered loots is used for, and we are still talking of borrowing money.

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Politics › Re: Senate Stands By Resolution Calling For Babachir's Sack, Agrees To Screen Magu by RentALodge: 8:20am On Jan 25, 2017

Let the executive respond to the assertions made by Sen. Shehu Sani the Chairman of the investigate committee that they duly invited the SGF and that the report submitted by the committee was signed by all the members as against the claims made by the Presidency if not they will be facing a serious credibility test in their an to corruption fight.

The same APC bayed for Stella Oduah's blood, asking for her immediate sack on the car issue. What is Buhari still doing with Babachir Lawal? Where is the anti-corruption message that ought to have been sent with handling this case with dispatch? Or, is anti-corruption just a smokescreen with this administration? It appears to be a case of the more you look, the less you see.

On Magu, it may not come as a surprise if the senate makes a U-turn to confirm him eventually. This is what our corrupt lawmakers know to do best. They raise the stakes with initial rejection, than do the obvious after being settled. With these actions, when some call them hideous men without principles, it is very difficult to defend?

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Business › Re: Foreign Exchange Inflows Surge By 82.5% by RentALodge: 7:53am On Jan 25, 2017*

This is a short term solution to a very serious problem. Are we always going to depend on oil?

We are, to say the truth, paying the price for the failure of the Nigerian leadership elite to diversify the Nigerian economy and expand the country’s revenue base. We found oil in 1958, and since then we have been as a country, a victim of the curse of oil. The curse of oil in our context has meant indolence, the emergence of a rentier class, a squandering of riches and the alienation of the poor by the rich.

Every country afflicted by the curse of oil has found it difficult to escape from the curse. In our case, it is worse. Crude oil accounts for 90% of Nigeria’s exports, 70% of Federal revenue and about 15% of GDP. The point has been made for years that without oil, or with great falls in the spot price of the Brent crude, Nigeria will be in trouble.

Every scholar has spoken about the need for diversification, but oil money is so cheap, it does not allow our ruling elite to think.

Oil, everyone said, is a wasting asset. But our leaders never listened. Instead, they argue that we have more gas than oil and that if nobody buys our oil, shale oil or no shale oil, Nigeria will sell gas. A country built on a philosophy of wealth without work or sense, commits a grievous sin. We have confronted the curse of oil on so many occasions. It caused the civil war of 1967-70. It resulted in the desperation of the North to seize Federal power and get a bigger share of the national cake by all means.

It led to the agitations in the Niger Delta, the death of Ken Saro-Wiwa and the Ogoni Eight, pipeline vandalism, Niger Delta insurgency, environmental degradation and the potent threat of a resurgent militancy in the Niger Delta, which is bound to cripple the Nigerian economy finally and tragically. The curse of oil is the source of a national cake mentality that has turned public service into an arena for primate accumulation. It is the root of corruption in Nigeria.

It is not a Buhari vs. Jonathan apotheosis therefore. To reduce it to that level is to ignobly avoid the messages of history. If anyone must be blamed, it must be all Nigerian leaders from independence at all levels. They have focused more on the fundamentals of ethnic, religious, regional and personal benefits, more than the fundamentals of national benefit. The leaders at the state levels are no better than gluttonous beggars. Elsewhere, states are centres of productive, economic activities.

In Nigeria, every Governor is interested in what comes from the easy monthly allocation from Abuja. For IGR, they tax the people, multiple, punitive taxes. They create the impression that government exists to punish the people. Not every problem is Abuja-sourced. We need Governors who can think creatively economically and turn their states into economic units, not cowboys who spend more time in Abuja doing eye service. Truth is: some Governors are so cheap when they go to the Villa, they even expect to be given transport fare!

EDIT

Someone just asked me what I think is the way forward. I have looked at all our options and it's occurred to me that we lack political will to make these adjustments. I want the government to get rid of the CBN governor. You see, the man has destroyed the economy by pandering to political players. I say we get a foreign CBN governor who has clear directives. That was exactly what Israel did. They looked for Stanley Fischer, a competent US-trained economist and made him Governor of the Bank of Israel. Fischer has earned plaudits across the board for his handling of the Israeli economy in the aftermath of the global financial crisis. In September 2009, the Bank of Israel was the first bank in the developed world to raise its interest rates. Truly, if what we want is progress, it is not weakness to ask for outside help in managing our economy.

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Christianity Etc › Re: Apostle Johnson Suleman Speaks About DSS Arrest, Issues Threat (Video) by RentALodge: 7:52am On Jan 25, 2017

This is one of the reasons good citizens should advocate for the separation of religion and the state. Religious leaders, no matter how influential, should not be involved in making inciteful comments like this, and then turning aound to shout persecution when the government takes action.

Inevitably, when church and state mix, one particular set of religious beliefs becomes favored over all other beliefs, including lack of belief. The people who follow the favored faith may like this, but it doesn't sit so well with all the people who do not follow the favored faith. And it often leads to discrimination against the folks on the outside.

Examples are plentiful - restrictions on reproductive decisions, sexual orientation, marriage rights, diet, or consumption of things like alcohol. Censorship. Even being able to keep your retail business open during days or hours that may conflict with times considered sacred by the favored faith.

From a different perspective, the historical record gives good cause to fear what may result from church and state mixing. Generally not a pretty picture, and often quite horrific.

I advise that Prophet Suleiman be careful of his utterances.

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Politics › Re: "APC Leaders Behind Buhari’s Death Rumor" - Ahmed Makarfi by RentALodge: 7:52am On Jan 25, 2017

This is a weighty accusation; one that could destabilize a lot of things. I can see some already asking that Tinubu leave together with Atiku for another party, so as to form a stronger party.

Atiku you are pushing to is from where? What are the guarantee that Tinubu will not fall out again with Atiku? What is the guarantee that Atiku and Tinubu can send this government packing come 2019?

Nigerians are daily asking for a better living but working very hard to deny themselves better living. The BASIC problem of our democracy is party primaries. Those that have deep pockets pick those they can control to run for elections. In most cases they signed a deal to be giving the godfather some 60 percent of the state allocations. If the governors gives out 60 percent of state allocations to one person how will he bring development to the people.

They put their boys in the state house of assembly and make sure their boys are nominated as commissioners and when the governors want to have a mind of his own the house of assembly will impeach him the commissioners will be working at cross purpose with the governor. We will begin to insult the governors and celebrating the man that is sstealing the state blind from behind.

If parties gets it right in their primaries, we have gotten some 60 percent of our problems right in this nation. The apc is in mess today because of the national assembly members in the apc were not in the legislative chamber when they were supposed to be there. The president of the nation gave a go ahead for the national assembly to be inuagurated and Tinubu fix a meeting of the apc national assembly members for the same time and the result was Saraki/Ekweremadu becoming leaders of the national assembly. Rather than accept blame and move on, he wanted the party to suspend the national assembly members the national chairman of the party said they cant threw the national assembly to the oppositions, his boys began to attack the national chairman.

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Business › Re: $28.9b Reserves: CBN Warns Against Reckless Forex Spending by RentALodge: 7:52am On Jan 25, 2017*

It is good that we have increase in our reserves, but it is sad that the CBN retained the Monetary Policy Rate (MPR) at 14 per cent with +/- 200 and 500 asymmetric corridor.

First, the current inflation is a production cost inflation, not liquidity inflations, which is excess cash in the system. Production cost inflation is due to increase in production cost, FX, transport, energy, raw material.

This production cost inflation can't be tackled with high interest rate, as a matter of fact, it only makes it worst. How does any sensible central bank believe it can bridge the gap between the official FX market and the black market.

The black market is the true reflection of the market rate and can only be bridged by allowing the naira to operate within true market forces. What the central bank is doing is encouraging corruption and enriching just a few. Any manufacturer that can get his hands on official FX, would immediately take it to the black market and sell it for much more profit. Why would he waste his time and energy trying to produce anything in this crazy market, when there is easy money selling FX.

This is why the banks are not even bothering to do any actual banking business. They can invest in central bank treasury that would pay them 14% and then sell FX to the black market for 50% profit. which bank is going to do any kind of lending to the real economy. This central bank is killing the economy and destroying lives. It is time we do something about this.

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Webmasters › Re: NITDA Suspends All Sites With “jamb” As Domain Name by RentALodge: 7:23am On Jan 25, 2017*

This is a welcome development that would help a lot of people looking to the internet for information about JAMB. Reminds me of what happened in 2007 when the US government had to pull the plug on the ca.gov Web domain used by the State of California. It was found out that the servers that handled the agency's Web and domain name service had been hacked and were being used to create links to pornographic Web sites.

For anyone interested in taking down sites that you have honest reasons to believe that they defraud unsuspecting victims, there are the steps that a domain name registrar like namecheap urges people to take:

If you find out a website is fake, just follow these directions:

- Go to Domain Tools located on their site and type in the domain.

- Find out who the domain is registered with.

- Write a formal complaint in an email.

- Send it to the registrar’s abuse department. NameCheap’s abuse department can be reached at abuse(at)namecheap(dot)com. If they find the charge valid, they will suspend the domain.

Please keep the internet safe for everyone. Report fraud whenever you see it!

4 Likes 1 Share

Business › Re: Nigeria’ll Regain World’s Largest Cocoa Producer Position — FG by RentALodge: 7:27am On Jan 18, 2017

Let's just hope that this is not simply some paper talk!

Another committee that will mostly seat in air-conditioned offices and cars dishing out policies without any extension service to oversee its implementations.

Why does the government not sent up cocoa plantations in every local government in the 22 states and sell the farms after the first harvest to willing investors? We must empower entrepreneurs to take up these challenges by providing conducive environment for them to thrive.

Cocoa do well in the West, palm oil in the East, grains and cereals in the North and fishing in the South South. Why not start the initiatives beyond mere policy speculations. Go physical and sell afterwards!

Sports › Re: Mikel Obi Becomes Tianjin Teda’s Captain & Given No 10 Jersey by RentALodge: 8:53pm On Jan 17, 2017

EWAagoyin:
u don't have lodge available in katsina right??

Not yet. But we are looking for people who will work with us in that axis.

Politics › Re: Nigeria Must Be Prepared For Future Where Oil Has Little Value,osinbajo Warns by RentALodge: 3:58pm On Jan 17, 2017

The VP is right, but alas this is what they have been saying from the campaign period till now. When will the action begin?

At 56, it will not be far from the truth if one concludes that Nigeria remains a crawling toddler. This is largely because we have always preferred the easy route to greatness. Our Independence was more or less got on a platter of gold. As if that was not enough, we suddenly struck oil. Thus, began a life of misplaced allure and grandeur. At the height of our nation’s stupendous oil wealth, a former Head of State was quoted to have said that: “Money is not Nigeria’s problem but how to spend it”. Thus, we virtually squandered our oil wealth. Today, there is trouble in the global oil market.

Thus, unlike what the rookie Head of State had affirmed, money has now become our nation’s problem. Most states cannot pay salaries. The Federal Government cannot fund its budget. Companies are downsizing. From all indications, trouble is here. Yet, at 56, trouble and more troubles are what we actually need to get our act together. Most of the developed world democracies thrive under difficult situations and conditions. Ours cannot not be an exception.

Current trouble times, if well-managed, could, indeed, be a blessing in disguise. The lull in the international price of oil could be an opportunity for us to eventually focus on the non-oil sector upon which our fore fathers built the nation’s prosperity. The Niger Delta militants have also shown us that unless we allow true federalism, we are wasting our time expecting the usual oil production. Now that we are groaning under severe economic burden is the exact time to pay adequate attention to other sectors where unlimited opportunities for job and wealth creation as well as accelerated economic and industrial growth abound.

We could take a cue from the nation of Israel which turned a huge geographical adversity into gains to become a renowned global agro-economy. We could also draw huge lessons from China which bounced back from a great famine that took millions of lives between 1958 and 1961 to become the world numero uno in food production. The Singaporean model as illustrated by the late pioneer Prime Minister, Lee Kuan Yew, has equally shown us that bumpy roads are crucial necessities for national rebirth.

Other than rhetoric, does the VP and the rest of his friends in government have a blueprint for the nation at this time? We don't have a positive answer judging from the activities of the last 20 months.

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Crime › Re: No Police Officer Has The Right To Check Your Phone - Lagos Police PRO by RentALodge: 2:18pm On Jan 17, 2017

If the Police authorities cannot enforce the ban on Police checkpoints, how will he enforce this one? Looks like these people don't understand the levels the Policemen on our roads go to forcefully take phones and search them. It is embarrasing and I see when some boys refuses, they start beating them up and senior officers will be there and they will look the other way.

My advice: You are better off allowing them to search your phone. Your life is important. You just never know what the Nigerian police will do to force you to do what they want.

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Sports › Re: Mikel Obi Becomes Tianjin Teda’s Captain & Given No 10 Jersey by RentALodge: 2:08pm On Jan 17, 2017*

Most lovers of the Super Eagles realize how valuable Mikel is to the national team, it is mostly Chelsea fans who underestimate his importance.

John Mikel Obi possessed the happy knack of saving his very best performances for when it mattered most. His big-game ability was never more evident than in May 2012 when Chelsea lifted the Champions League for the first time in its history. His outstanding display in the final against Bayern Munich was a key factor in Chelsea's success that year, and he produced similarly titanic performances in many European and domestic cup finals and semi-finals during his 10-and-a-half seasons at the Bridge.

"It's very good playing alongside Obi, a top holding midfield player. He's one of those players that will not make headlines, but he's happy to go unrecognised in his work and he has a huge worth for the team when he plays."
~ Frank Lampard on Mikel, January 2014

Despite the presence in Chelsea's squad of arguably the greatest defensive midfielder of all time, Claude Makelele, Mikel still made over 40 appearances in his first season, and he more or less maintained that level of consistency when it came to playing time throughout his Chelsea career.

Under the stewardship of Guus Hiddink, Mikel continued to flourish, most notably in the Nou Camp, where Chelsea kept a clean sheet in the first leg of its Champions League semi-final with Barcelona, and at Wembley, where his calm touch was a major contribution to the 2009 FA Cup win over Everton.

"He is a genius in his position. It is a miracle if he loses the ball."
~ Jose Mourinho, April 2007

In total, Mikel made 372 appearances for the club - the 17th-highest figure of anyone in its history - and won 10 major honours. He leaves with the respect and appreciation of those who managed him, played alongside him and watched him during his decade-long stay at Stamford Bridge.

"Obi has been a big part of this club’s success over the past decade...I want to say on a personal level, that he was a great friend and a great player. I wish you well 'Old Boy'. Love ya."
~ John Terry

Salute to a football general who is content with staying under the radar. Here is to an amazing career in China!

142 Likes 13 Shares

Crime › Re: Man Burnt To Death While Trying To Steal Water Pump In Benue State by RentALodge: 11:16am On Jan 17, 2017

This horrible incident has portrayed our society as malfunctioning, backward and highly bereft of human sympathy. Irrespective of our epochal exposure, we are still the same hysteric country –a land of many misplaced priorities; a country that acts before reasoning.

Because you will wonder what joy was being derived by those bystanders at the terrible scene of that gory incident. What was the joy of those taking pictures without human feeling? And what step has our government taken to bring the culprits of that dastardly attack to book? What this story tells us is that Nigeria is the same country that killed four University of Port Harcourt students. We all remember the Aluu killing, what it generated and the aftermath of it. This is the same country, where the poor become the scapegoats of (in)justice –whether biased or “jungle.”

Extrajudicial killing still occurs in the country because some people consider it to be a faster way of getting justice. For them, the process of litigation or adjudication is slow, cumbersome and bureaucratic. This thinking is fallacious. Should we then resort to the Dark Age and the Hobbesian state of nature to resolve differences?

Stakeholders in the business of judicial administration should do all they can to ensure that the integrity and due process of the law is always guaranteed.

While I condemn stealing and other social vices, it is instructive to state here that, irrespective of the excuses given by the perpetrators of jungle justice, there is no justification for anyone to either revenge a wrong or take the life of another person under extrajudicial circumstances. This is why law enforcement agents should ensure that such incidents do not occur in the future in any part of the country.

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Politics › Re: Nigeria Deploys New Contingent Of Police Officers To Somalia [Photos] by RentALodge: 11:16am On Jan 17, 2017

For all of the terrible things done by our Police, it is interesting to know that the force is still regarded as the "best in the world" in terms of peacekeeping operations.

I remember Prof. Ibrahim Gambari, The former Under-Secretary General of the United Nations, in 2014 commending the police for its professional conduct abroad, he however lamented that certain conditions had hindered same performance at home.

"Incidentally, our people seem to be doing much better abroad than at home. I recalled that the Nigeria Police are the best in the world; I saw them in Angola, I saw them in Rwanda.Then what is happening? How come we are so wonderful abroad and so terrible at home?" he asked.

So I wish them the best in Somalia. I hope they avoid extrajudicial killings.

1 Like

Investment › Re: MMM: If The Scheme Is Not Living On Debt, Then Where Are The Monies Stucked In? by RentALodge: 11:10am On Jan 17, 2017*

With this obsession with MMM, I submit that Nairaland is playing into the hands of its promoters. It has now become a US vs THEM game, and something that will be milked to the most to suck people in into the scheme.

I say we take a chill, stand back and allow the already numerous messages against MMM take its roots in the hearts of people. You do not want your messages to harden the hearts of people you aim to help. What Nairaland is doing is counterproductive.

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Jobs/Vacancies › Re: Job Vacancies For Smart Undergraduates by RentALodge(op): 11:25am On Jan 03, 2017

Generalkorex:
i dnt av a cv o

Everybody has a CV. A CV is just a a brief introduction about yourself and your achievement. Do that for yourself and send to recruitments@rentalodge.ng

Politics › Re: Lagos State Pays N55,941billion Accrued Pension Rights by RentALodge: 8:30am On Dec 20, 2016*

From Tinubu to Fashola to Ambode, Lagos has really been blessed by visionary leaders. I just wish someone like Fashola or Ambode can be the Governor of a state like Abia, Bayelsa or Delta. There are serious opportunities waiting to be harnessed in those states.

The fact that this administration commenced and has been able to maintain the trend of paying terminal entitlements of retired employees monthly since it started in August, 2015 showed that it is committed to its retirees.

I would advise the retirees to carefully take decisions on how the funds would be utilised and urge them to be wary of pension fraudsters who deceive retirees into believing that there are balances to be paid to them and make demands.

Lagos State is a kind government!

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Politics › Re: FG To Earn $2bn From New Cash Call Policy by RentALodge: 8:30am On Dec 20, 2016*

Though I'm not too knowledgeable about the usual FG and IOCs productions deal and sharing percentage/formula with regard to Nigerian oil/gas. But according to the above released details normal current/previous agreements -- it does SEEMS that this junior oil minister (Ibe Kachikwu) got a GREAT and WINNING deal for the country with this above new JVs agreements.

Seems the man is one bright fellow and a worthy/working minister for Mr. President and the for country especially. Unlike some of his current "ineffective, inept and dull" ministers THAT NEED to go asap.

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Health › Re: Health Minister Announces Plan For Effective Primary Health Care System by RentALodge: 8:29am On Dec 20, 2016*

I sincerely hope for this to work. Health is wealth, and doing this might be the only legacy of this administration.

Nigeria lacks the technical, financial and political sophistication and robustness required for a complete decentralisation of health services. To streamline the health system, it may be necessary to bring the primary health care (PHC) facility under the federal roof, and add tertiary care to the responsibility of state governments.

Right now, the decentralisation policy which makes local governments run primary health care in Nigeria rests on the imported notion that services are most efficient when governance is close to the people, an assumption that is premised on the existence of a well-functioning participatory democracy where the electorate are neither hungry nor ignorant.

Most of the rural people our PHC facilities serve have not been exposed to high quality health services so they accept what they get as the norm or, when they imagine it not to be the norm, without complaints. When they cannot put up with low quality services they ignore the PHCs by staying at home, and they consult quacks, only to present in the PHC or other hospital in emergency, often too late for life-saving interventions.

As suggested earlier, if the primary health care (PHC) facility is brought under the federal roof, and tertiary care is added to the responsibility of state governments, the role of supportive supervision can then be left to the local governments who will function independently with verification of their activities by civil society.

I am afraid this proposal may only look good on paper. Implementation in reality will be difficult, and there are great political hurdles to reorganising a system, especially when such reorganisation involves huge financial commitment by the different tiers of government.

I wish the minister the best!

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Politics › Re: Buhari, Obasanjo To Speak At South-east Economic Summit by RentALodge: 8:29am On Dec 20, 2016

Interestingly, this could be a case of the best and the worst President Nigeria has ever had. Obasanjo with all of his many faults, and oh they are exceedingly many, is arguably Nigeria's best President (not as head of State), while it is visible to the blind that Buhari is already gunning for the worst leader we've ever had. I don't need to tell you all about what the country is facing at this time.

Before you shout on me about Obasanjo, let me reiterate that Obasanjo is very flawed. In fact, for him to be reckoned as the best President shows how very low our standards are in Nigeria. That being said, let me list out some of his achievements that convinced me that he should be in the debate as the best leader ever to preside over this nation:

1. Obasanjo established the EFCC and ICPC and also strengthened the Code of Conduct Bureau to fight corruption in Nigeria. Criminals, from top politicians like Tafa Balogun, Bode George to swindlers and internet fraudsters have been sent to jail by these agencies.

2. Foreign reserve when Obasanjo came into power was just $2 billion in 1999. But when he was leaving office by 2007, foreign reserve was a whooping $43 billion.

3. He secured an $18 billion debt relief from the Paris and London clubs and got Nigeria free of debt

4. Obasanjo brought in mobile telecommunications (GSM) into Nigerian which arguably has been the greatest achievement by any Nigerian leader.

5. Obasanjo discovered people like Charles Soludo, Okonjo Iweala whose contributions to national and economic development cannot be overemphasized.

6. Obasanjo launched Nigeria’s first satellite in space, Nigeria Satellite 1 which ensured good internet and mobile communication.

7. Obasanjo ensured the dramatic development of Abuja under Mallam Nasir El Rufai as ministers with the Abuja Masterplan.

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Politics › Re: 2017 Budget: FG Targets N565bn From Recovered Loot, MTN Fine by RentALodge: 8:06am On Dec 20, 2016*

The recovered loots, if they recover anything at all, will have no significant impact on the projected revenue.

The budget is off to a very bad start. in 2016 you were never able to produce your oil target and you have not solve the problem that caused that. How would you in 2017 be able to get the target. Forex is heading towards 500 and yet the budget is at 305 which is not accurate.

Until Nigeria get rid of this useless stone age leaders, this country would continue to be a stuck in it madness. The government is trying to pump money into the economy, while the central bank is using a very expense means to mop up that money. Has any of our current leaders gone one day without light or food or water? Have they being stuck in traffic, or had to go to our hospitals? They don't care about our country and are destroying it.

Is there something I am not getting here? The budget (total expenditure) is N7.2tr; to be financed by N10tr revenue. But this same government is talking about N2.1tr deficit? We were supposed to have N2.8tr surplus for goodness sake!!

To have hoped for a N2.1 deficit, it'd mean about N5tr (2.8 surplus plus 2.1 deficit) will disappear.

Nigeria has no two enemies. It is time for these guys to step aside. I don't think they know what he is talking about. Is this not the man who promised diversification in 2016? Where is that now - it's still oil and licences and gas....? Where is the income from grains and cassava?

3 Likes

Politics › Re: Ribadu Remains The Only Saint That Led Anti-Corruption EFCC - Farouk Martins by RentALodge: 8:06am On Dec 20, 2016*

I admire Ribadu a lot. He's biggest mistake was leaving APC and endorsing the corrupt Jonathan for second term.

Ribadu is not a saint but he is the best anti corruption chief that we have seen in this country.

At least, we have realized that corruption could be tackled and the once powerful politicians can be investigated and tried. When Ribadu was around fraudsters relocated, politicians could not steal easily or flaunt the stolen wealth in public as they used to do, 419ners took their flashy cars to the village to avoid answering questions.

So, Ribadu is not a saint, he is not perfect, in my opinion he made some mistakes but in spite of these things he remains the best we have ever seen and may ever see considering the circumstances surrounding his tenure and the nature of opposition he faced not to talk about the risk to his life.

Ribadu is more of an asset than a liability and yes Ribadu stands tall as far as fighting corruption is concerned.

So, can we then leave out the issue of Ribadu being saint because I don't think he is and I don't think anyone is claiming he is one.

4 Likes

Politics › Re: Excitement As FG Fixes Ikot-ekpene-umuahia Highway by RentALodge: 8:06am On Dec 20, 2016*

You may not be impressed with what Fashola is doing in Power and Housing, but for an the administration that inherited road contractual liabilities worth N1.5tn, what Fashola has managed to do in this recession in terms of WORKS is fairly impressive. He had inherited about 206 road projects already contracted out; with outstanding completion costs in the region of N1.5 Trillion. Although the works ministry share of the 2016 appropriation was N260 Billion, which was a lot more than the 2015 budget of only N18 Billion that the last administration left, it is a drop in the ocean against the liabilities that were outstanding to contractors.

This Rehabilitation (which is what palliative work on a road really means) of Ikot-Ekpene-Umuahia Highway is a feather on his cap. I plied this route many times in 2011-2012 and it's one of the worst roads to ply in the world, I mean it. You need to really see it to believe it.

I hope 2017 provides him with the opportunity to do more on Power. The country needs him to man up to the challenge.

10 Likes

Politics › Re: FG: 2016 Revenue Projections Failed - Daily Trust by RentALodge: 8:05am On Dec 20, 2016

The hens have come home to roost. Rather than promptly address a dire economic situation, the government was carried away with the euphoria of TSA and phantom recovery of the loot from a lopsided fight against corruption. It was as if these will once and for all solve our financial crises. The chips are down and it has become obvious that there is no alternative to proper management of the economy, and good governance.

It's not just the revenue projections that was a failure, the entire budget was a failure. The 2016 budget had 7 per cent of its recurrent expenditure borrowed. The implication was that 7 per cent of borrowed funds were actually going into recurrent, so we were still borrowing for recurrent, as was the trend with the previous government. I must say that the 2016 budget was largely a missed opportunity and in my view largely more of the same.

The 2017 is more of the same. My hypothesis is that if we continue along that path, the economy will be under performing by at least 2 per cent of the gross domestic product (GDP). That is a dangerous route to go. We can do something more audacious and get the economy on track.

6 Likes 1 Share

Education › Re: What Is Your Experience With UNN Itranscript Portal? by RentALodge: 2:52pm On Dec 19, 2016

africanman85:
Wat is RentALodge ?

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Politics › Re: $2 Billion Abacha Loot: Gov Bagudu, Wife File Suit To Claim Seized Funds In Us by RentALodge: 11:49am On Dec 19, 2016

Sometimes you look at the situation of the country and you wonder where we got it right.

According to a report released by Sahara Reporters on Mar 06, 2014, this same Abubakar Atiku Bagudu was implicated in the loot of billions of dollars during his military presidency under Abacha.

SaharaReporters obtained a 42-page of how this man along with many others made use of phony offshore companies to divert billions of dollars of Nigerian state funds into their private accounts in-country, and overseas. The document alleges that in one instance, Abacha, his son, Bagudu, and others, systematically embezzled public funds worth billions of dollars from the Central Bank of Nigeria (CBN) on the false pretence that the funds were necessary for “ national security”. After the CBN dispersed the funds, Abacha and Bagudu moved them overseas. The document revealed that in all, more than $2bn was stolen from CBN alone.

More here: http://saharareporters.com/2014/03/06/how-abacha-and-associates-stole-billions-dollars-nigeria-%E2%80%94-report

This is the same man who is laying claims to the looted funds. WOW!

1 Like

Education › Re: What Is Your Experience With UNN Itranscript Portal? by RentALodge: 11:48am On Dec 19, 2016

**If you are a student and you would like to work for RentALodge as a RentALodge contact in UNN, see my signature for address. We are recruiting for all schools in Nigeria.**

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