The Atlantic slave trade was able to survive for considerable length of time because black Africans were prepared to sell themselves for any material goods. A family that is prepared to kill their child for monetary gain will be prepared to sell their children. In the next few years as the Nigerian economy continue to tank, many greedy and unscrupulous Nigerians will revert to mass slave trade.
mrvitalis: This is what this woman have up to serve as Minister for 4 years and some mofos didn't appreciate it
I wouldn't trust any African with works history from WHO, UN and World Bank especially a Finance Minister that turned a $100 billion reserve into $27 billion despite high oil price hovering on average of $100 P/B and low debt profile.
A finance minster that was bullied to increase the minimum wage in 2014 only to borrow billions to funds government wages
Nigeria borrows money to pay government salaries. ... Minister Ngozi Okonjo-Iweala tried to be upbeat in a speech on Tuesday after lawmakers approved the 2015 budget - revised three times because of slashed oil prices that provide 80 percent of revenue for the government of Africa's biggest petroleum producer.6 May 2015 https://www.aljazeera.com/news/2015/05/150506055148505.html
RTSC: Some of their best brains are in America, exiled by conservative Islam.
They would have been another India if not for Islam.
Iran current industrial capacity can compete with India despite world economic sanction.
80,868 MW Iran's nominal electricity generation capacity which stood at 80,311 MW at the beginning of the current Iranian year (March 21, 2019), has currently reached 80,868 MW.1 Jul 2019
Iran's power generation capacity to exceed 85GW by March 2020
35 million tons Iran's current steel production capacity stands at 35 million tons per year, Deputy Minister of Industries, Mining and Trade Jafar Sarqeini said recently.21 Jan 2020
2 million cars Nowadays the domestic Iranian automotive industry is estimated to have a yearly nominal production capacity of 2 million cars. It employs more than 1.5 million people (directly and indirectly) making up for 12% of the countries workforce.15 Nov 2016
Righteousness89: Iran Leaders seem to be more interested in Power tussle than on its Citizenry!
This has little or no effects on the Country
Before your open your mouth again, Iranian leaders despite world economic sanctions have managed to maintain a large industrial capacity. That's why Saudi Arabia and the USA are both afraid of Iranian military potential.
80,868 MW Iran's nominal electricity generation capacity which stood at 80,311 MW at the beginning of the current Iranian year (March 21, 2019), has currently reached 80,868 MW.1 Jul 2019
Iran's power generation capacity to exceed 85GW by March 2020
35 million tons Iran's current steel production capacity stands at 35 million tons per year, Deputy Minister of Industries, Mining and Trade Jafar Sarqeini said recently.21 Jan 2020
2 million cars Nowadays the domestic Iranian automotive industry is estimated to have a yearly nominal production capacity of 2 million cars. It employs more than 1.5 million people (directly and indirectly) making up for 12% of the countries workforce.15 Nov 2016
Bluntemperor: On a serious note,stop blaming Nigerians as there is no Single Zoo to take care or accommodate these animals to make them better in their natural habitat.About 20 years ago,i was in Jos,Plateau- Zoo,but I doubt if those beautiful animals have increased because of Communal strive,especially after Military invasion and imposition of strange headship to run the affairs in different zones of the State.Come to Ibadan zoo and you will pity animals!. However,can men of goodwill take over the running of Zoos, in private Sector?This is where Foreign Exchange can be easily generated,as a tourist attractions.
While not create reserves or small national park to protect these animals and attract tourist. Are Nigerians always ignorant and lazy?
Every country in Africa is trying to preserve their wildlife and forest to attract tourist and develop a tourist industry that will create jobs and service, while stupid Nigerians take pride in killing their wildlife for short term gain.
It's poverty trafficking, the North is supposed to be Nigeria breadbasket but without significant investment in infrastructures that potential will never be realised.
Buhari, Zainab Shamsuna Ahmed and Kemi Adeosun financial short-term strategy.
Rather than confront the underlying structural dysfunction, the easiest escape is to pile up debts and contingent liabilities. This is the circularity that has brought Africa to the present embarrassment whereby barely some years after massive debt cancellations/reliefs from our creditors, we are again pleading for “debt relief”.
unikwa: The world cannot do without oil. The current problem is temporary. Airplanes fly on oil, Ships run on oil, Semi-trucks, automobiles, farm tractors, factories, making electricity, asphalt, About 6,000 things are made from oil https://www.ranken-energy.com/index.php/products-made-from-petroleum/
Oil is not going anywhere. Once the world returns from lockdown, oil price will start to creep back up.
If these thieves have any brain, now is the time to open Ajaokuta, and start industrializing Nigeria. Now is the time to voluntarily cut high salaries of those in govt, and start developing the country.
Warning to thieves in govt: CoronaVirus is here to stay. It is like influenza, and will return periodically. So you better quit the stealing, and prepare Nigeria for what is to come. This is not the same Nigeria you're used to.
They have brains, developing Nigeria will reduce corruption hence it's better Nigeria remains underdeveloped.
Buhari in his own words that oil subsidy is fraudulent, yet he practice this fraud for the best part of 5 years.
Izigha: Now there's no need for insult. You can disagree. Read my post I said"if". I know about commodity markets hence my contribution. Storage of crude is part of a refinary complex to control inventory. Am sure you don't know how markets works that is why you believe anyone will get you $40 and still give you a barrel of crude. The -$40 is a quote to show traders or buyers appetite in a future options. This is a photo of Sasol refinary storage tanks in South Africa
..But Nigeria refineries are not working and I would not put much faith in their storage capabilities.
kikero: True, now is the time to buy oil for his refineries, if he can store it...while waiting for the post crisis price increase.
All our refineries are not working, Dangote refinery will not be ready until 2022. We have a president that is also the Minister of Petroleum yet he can fix just one refinery in his 6 years in government.
Abba Kyari was a Nigerian politician who is currently serving as the Chief of Staff to President Muhammadu Buhari.
Early life and education of Abba Kyari
A Kanuri from Borno, not much is known about his early life. In 1980, he graduated with a bachelor's degree in sociology from the University of Warwick, and also received a bachelor's degree in law from the University of Cambridge. In 1983, he was called to the Nigerian Bar after attending the Nigerian Law School.
In 1984, he obtained a master's degree in law from the University of Cambridge. He later attended the International Institute for Management Development in Lausanne, Switzerland and participated in the Program for Management Development at the Harvard Business School, in 1992 and 1994, respectively.
Family
Kyari was married to the sister-in-law of Ibrahim Tahir, and has four children.
Health
On March 24, 2020, it was made public that Kyari tested positive for COVID-19 on March 23, following an official trip to Germany nine days before. He is currently in self isolation, and arrangements are being made to test his inner circle. PROFESSIONAL CAREER
Kyari worked for the law firm Fani-Kayode and Sowemimo for some time after his return to Nigeria.
From 1988 to 1990, he was Editor with the New Africa Holdings Limited Kaduna.
In 1990, he served as a Commissioner for Forestry and Animal Resources in Borno State.
From 1990 to 1995, Kyari was the secretary to the board of African International Bank Limited, a subsidiary of Bank of Credit and Commerce International.
Kyari was an executive director in charge of management services at the United Bank for Africa, and was later appointed the chief executive officer. In 2002, he was appointed a board director of Unilever Nigeria, and later served on the board of Exxon Mobil Nigeria.
POLITICAL CAREER
In August 2015, Kyari was appointed Chief of Staff to President Muhammadu Buhari.
Power politics
Since his appointment, Kyari has become an influential figure within the Buhari administration. During the administration's first term, he worked mainly behind the scenes to implement the president's agenda. In 2019 with Buhari's re-election for a second term, he ordered his cabinet to channel all requests through Kyari's office. Further enhancing his influence within government circles, and being labelled as the de facto head of government.
In 2017, following a leaked memo, Kyari became embroiled in a public argument with the Head of Civil Service, who was later removed from office and arrested. In 2020, in another leaked memo, Babagana Monguno the National Security Adviser accused Kyari of meddling in matters of national security.
Death
Abba Kyari died on the 17th of April 2020 after battling with the ravaging Coronavirus (COVID-19). Things to Know About Late Abba Kyari
1. Abba Kyari hailed from Borno State and was born on November 17, 1938.
2. The 81-year-old was a lawyer, businessman and politician.
3. In August 2015, Kyari was appointed as the Chief of Staff to President Muhammadu Buhari.
4. He graduated with a Bachelor of Arts Degree in Sociology from the University of Warwick, England, in 1980.
5. The late COS also held a Bachelor of Arts Degree in Law from the University of Cambridge, England and was called to the Nigerian Bar in 1983.
6. Kyari had worked as an Editor with the New Africa Holdings Limited, Kaduna Between 1988, and had served with the Borno State Executive Council as Commissioner for Forestry and Animal Resources in 1990.
7. He also worked as an Executive Director, Management Services, United Bank for Africa (UBA) and was appointed a Director of Unilever Nigeria Plc in 2002.
8. He served as Honorary Member of the Presidential Advisory Council on Investment in Nigeria between 2000 and 2005.
9. Kyari was a holder of the Nigerian Honour Award of Officer of the Order of the Niger (O.O.N).
10. Kyari who died after battling COVID-19 is survived by his wife and four children Last Statement of Abba Kyari Before he died - READ FULL FROM SOURCE
Abba Kyari was born in 1952, it seems there is a mix-up between:
Abba Kyari - Wikipediaen.wikipedia.org › wiki › Abba_Kyari Abba Kyari OON (23 September 1952 – 17 April 2020) served as Chief of Staff to the President ... Retrieved 19 April 2020. ^ Stanford, Igbo. "Mallam Abba Kyari Biography, Age, Early Life, Family, Net Worth And More". Information Guide Africa. President: Muhammadu Buhari Children: 4 Education: University of Warwick; University of ... Born: 23 September 1952; Borno, Northern Re...
and
Abba Kyari (military general) - Wikipediaen.wikipedia.org › wiki › Abba_Kyari_(military_general) Abba Kyari (17 November 1938 – 25 November 2018) was a Nigerian Army Brigadier who served as Governor of the now defunct North-Central State, Nigeria ... Born: 17 November 1938; Dewa, Nigeria Died: 25 November 2018 (aged 80) Rank: Brigadier Branch/service: Nigerian Army
JetStar: The type of power plant matters a lot. In the case of Siemens I think that was gas powered plants. They are much cheaper because of the technology involved. As for hydro, it requires lots of on site contruction and building of water turbines and also the settlement of displaced people. The construction part adds to the cost of hydro technology. In the case of Nigeria, they borrowed money from China and that attracts interest. I'm thinking the deal is more like hire purchase deal where you buy now and pay a huge sum over the years - something like what car dealers are doing.
Ethiopia Grand Millennium Dam will cost $4.8 billion and generate 6GW two time Nigeria capacity at less the cost.
$6 billion will generate 10 GW using Siemen combine cycle power plant which can be delivered in less than 3 years.
Originally, in 2011, the hydropower plant was to receive 15 generating units with 350 MW nameplate capacity each, resulting in a total installed capacity of 5,250 MW with an expected power generation of 15,128 GWh per annum.[29] However, due to the upgrading of the power plant and the housing facilities, its generation capacity was uplifted to 6,000 MW from 5,250 MW, with a power generation of 15,692 GWh per annum through 16 generating units with 375 MW nameplate capacity each. In 2017, the design was again changed to add another 450 MW, with a power generation of 16,153 GWh per annum.[4][30] That was achieved by upgrading 14 of the 16 generating units from 375 MW to 400 MW without changing the nameplate capacity
The estimated US$4.8 billion construction cost, apparently excluding the cost of power transmission lines, corresponds to about 5% of Ethiopia's gross domestic product of US$87 billion in 2017.
JetStar: Africa should consider the nuclear option for its energy needs? Hmmmm...... that's not only scary but it doesn't make sense for now. Nukes have the following challenges
1. They are very expensive: Have you seen the costs of nuclear power projects across the world? The price can go as high as 6 dollar per a watt if you pay for it without borrowing. If you need some financing, then it's going to be as high as 10 dollar per a watt. Just an example: the United Kingdom is currently having a Hinkley C power plant being built in sommerset. That plant costs about 23 billion pounds. The initial price is just around 18 billion pounds but it was later revised to 23 billion pounds so that the project could be completed in time. Whats the power rating of hinkley C? Just 3 gigawatts. Now compare that to the planned Mambilla hydro power project costing just 6 billion dollars with a capacity of 3 gigawatts costing just around 6 billion dollars!!!!! For now african countries don't have the financial horsepower to fund a nuclear power plant project.
2. They are quite risky: Anything goes wrong with nuclear and you will be looking at an almost irreparable damage and reputation. For now, the nuclear tech currently in use are not advisable since they generate long term waste (lasting millions of years). Even in developed countries, where to dump the nuclear waste is currently being challenged and communities in the us are protesting against it.
The only good thing about nuclear power is the fact that they have an almost perfect capacity factor (producing power round the clock 24 hours in a day 7 days in a week) This is unlike natural gas, nuclear, wind, hydro or solar energy systems which could run out of "fuel" for the long term. Yes, it is true that nukes don't emit carbon, but they have far more dangerous waste that could last for an eternity.
The Mambilla hydropower project costing just 6 billion dollars with a capacity of 3 gigawatts is over price . Siemen supplied 3 x 4.8GW power plants to Egypt at the cost of $9billion. Ethiopia Millennium hydroelectric dam will cost $4 billion and generate 6GW
Winning POWER’s highest honor is a set of three gas-fired power plants and related infrastructure — the Egypt Megaproject — which was the single biggest order ever in Siemens’ long history. Completed in a record-setting 27.5 months from financial closure, the three plants added 14.4 GW to Egypt’s power grid, heaving the country away from persistent power shortages that would have crippled industrial growth and setting it firmly en route to long-term power security.
Staphylococcus: Human capacity in the absence of steady electricity?
Agriculture and business, what drives this sectors?
Energy is the bane root.
Well stated
Without energy, access to clean water and logistics (road, rail and ports) Nigeria will continue to remain in the dark ages. Nigeria should study Ancient Rome 400BC on how they master water supply and road construction.
autofreak2020: Previous corruption is the reason why our power supply is having problems, and it effect is that we don't have enough to drive the economy.
Nuclear power plant is unforgiving, if you allow corruption to affect the plant, it will not only shut down to destroy the economy, people will be destroyed.
But if we allow private sector to pioneer it with strict policy, it has better chance of improved efficiency.
Private sectors cannot function without an effective governance platform to ensure governance, standards and regulation. The reason why the private energy sector (refineries, oil exploitation and power supply) is in complete meltdown, is due to lacks good governance, leadership and institutions.
johnmattew: to think this man is a professor is baffling...
has anyone noticed that the younger the governor,the more foolish they are
Majority of young Nigeria were bought up in a culture of corruption and indiscipline. Any Nigerians that grew up between the years the 1990s to 2020 will not have the values hard work, good education and leadership that was instilled in Nigeria during the 1960s to 80
He should hold a videoconference with Nigerians that stole billions including the ones still in government. I hope the IMF condition is that they slash government spending.
PHijo: So why did the likes of Buhari, Tinubu, Fashola do "occupy Lagos"? Wasn't it all in a bid to prevent subsidy removal? Jonathan tried to remove subsidy in less than 1 year after he was elected. That tells you how serious he was about putting the right policies in place. Workers salary was not increased in 2013, it was increased in 2011.
GEJ didn't try at all. He let down his ministers and his government.
Iweala, Sanusi and Diezani Alison-Madueke all campaign with good reason that oil subsidies MUST be removed and the saving invested in power, fixing the refineries and rail. The useless Oshimole and other union leaders debated the removal of all subsidies.
PHijo: You clearly ignored the production output aspect!
Your claims on the power plants isn't true, there were several power plants he increased capacity from the previously planned output. According to what we were told under late Yar'Adua, $16billion allotted for power by Obasanjo disappeared without anything to show for it.
Under Jonathan there was salary increment for the civil service, subsidy payments increased significantly in the government's bid to avoid product scarcity, the CBN had bail out banks.
Blaming Jonathan for not "saving " is wrong! He did all within his constitutional powers to make that possible but Nigerians and their governors refused.
Russia built up her massive reserves only after 2016. The problem in Nigeria is that we are not one, if Jonathan was a Fulani man he would have probably gotten the political support he deserved to change things.
You just confirmed my position, GEJ wasted the increase in oil price and reserves on wasteful consumption and subsidies.
In 2012 he had the chance to cut subsidies but backed out against the advice of his senior ministers. What kind of government increase workers salaries in 2013 and then starts borrowing to pay workers salaries in 2015.
Even you can't deny that GEJ government has no logic, only 5% of Nigerian work for the government so increasing their salaries doesn't even make political sense.
By 2015 ...
Nigerian govt borrowing billions to pay salaries – Okonjo-Iweala
In the face of dwindling oil revenues, Minister of Finance, Ngozi Okonjo-Iweala, said the Federal Government has borrowed about N473billion to pay salaries and fund the 2015 budget.
Despite past efforts to reduce government borrowing level, she said the acute cash flow problems forced the government to take the decision to curb the negative impact of revenue crunch.
PHijo: You are either ignorant or deliberately trying to be mischievous! In the history of Nigeria no one has built as many power plants as Jonathan did in 5 years.
Oil legislation is passed by parliament and not the president or petroleum minister. That is the area the Fulani and their lookalike core Northern brethren come to fore. Diezani tried all she could to make them see the benefit of passing the PIB, all to no avail because of Fulani short sightedness.
You fail to also add the fact that oil output was down by a 3rd when GEJ took over. Politicians like Amaechi, Oshimole and Fashola sued Jonathan to court for his attempts to create financial buffers.
If the core North wasn't part of Nigeria, Nigeria would have been, at the very least, a middle income country like Ghana or Kenya.
I wouldn't insult you and I am not ignorant.
You are correct that both Fashola and Amaechi bullied GEJ to access the $32 billion excess crude oil funds and wasted the funds on state consumption and corruption. The five power plants were all bought and paid for by OBJ government, between 2006 and 2007 and delivered by GEJ
codemaniacs: Angola and Eq Guinea have the same problem with Nigeria, one person or one family wanted to control all sectors of the country.
if Fulani's and Hausa are removed from Nigeria then Nigeria's population is cut by half which means southern Nigeria Per Capita income will be over $6000 annually compared to the over $2000 it currently stands out. plus the other investments southern Nigeria will invest into.
OBJ left close to £100 billion and low external debts, it was left to yardua and gej to boost the economy and infrastructure. Obj's goal was to steady Nigeria's economy after years of military rule, he didn't invest heavily in infrastructural projects.
the Ijaws and Igbos according to history, always squander opportunities that can boost the economy and infrastructure of their regions, but if you remove Fulani's and Hausa and Yoruba they will have much more to spend on their regions.
most of Nigeria's money comes from the oil rich eastern Nigeria, revenues that will be spent for a population of over 140m people will now be spent for a population less than 50m and those revenues will remain the same.
with or without the Fulani's and Hausa and Yoruba, eastern Nigeria will still have at least a £300 - £400 billion economy, they just need to learn to squandering opportunities.
Chief,
If Yoruba's, Igbo's and Ijaw's have their own nation, one family will control all the wealth just look at Lagos state and Tinubu.
The best time to demonstrate that the South will be better without the North is now with the North as the opposition, but I have not seen any evidence that they will be better off without the North.
Regional Southern leaders have failed to mobilise their regions to improve roads, rails and power construction despite being blessed with the majority of Nigerians in the diaspora. Ethiopia was able to build the $4 billion Millennium II dam by issuing bonds to Ethiopian in Europe and USA, Eritrea entire economy is based on direct remittance to their government.
The Lagos state government cannot even finish the Blue rail line without a loan from the federal government, yet Tinubu has three private jets valued at close to $200 million
codemaniacs: the problem is not just the "leaders". its their goals..
they (in this case the fulanis) want to own and control all sectors of the economy, they have the "If its not owned by someone from my ethnicity then no one should own it" mentality.
meanwhile, if the ijaws, efiks, igbos, yorubas e.t.c... were allowed to extract oil in their oil producing states and the FG takes a percentage Nigeria will have been better. they want one person to control agriculture, politics, economics e.t.c..
nothing can reset their empty heads... it is also in the interests of some foreign countries that Nigeria remains a "corrupt country" so that they proudly say Nigeria is a fastastic corrupt country and other stereotypes they can think of.
even this covid19 will be used to stereotype Africans... All the foreigners that they interview on international news always say Africa will be the hardest hit.
its not just the leaders its also the external interests they are working for..
Is Angola or Eq Guinea any better than Nigeria today, they are both majority Christian countries with an oil rental economy and both fantastically corrupt and backward like Nigeria.
Remove the Fulani's and Hausa from Nigeria and Nigeria will still remain poor and backward as long as it operates an oil rental economic, the rental economy is the reason why we have many useless states and government departments.
Why didn't OBJ sort out the energy issues in his eight years in government, I will cut OBJ some slack as he left close to £100 billion in reserve and low external debts.
GEJ was an Ijaw, he had an Ijaw as minister of petroleum resources and an Igbo finance minister, how many power plants did they build despite $62 billion in reserve , oil price at $100.00 p/b and $36 billion in reserve. $15 billion would add 15GW to Nigeria electric grid.
salford1: This is true. On a different thread, someone with a recent bachelor's GIS qualification was not aware that GIS has moved on from just regular surveying to Python programming and databases. I was shocked at first but then realise he genuinely was not aware. I still don't know how to reply to a question he raised on how to bypass his deficiencies in programming. Maybe those with the profile you suggested can also help with training. I remember power improved a bit when Barth Nnaji was a minister. Madam Ngozi too was not used to her full capacity.
The likes of Ngozi and Barth Nnaji are the academic that Nigeria must avoid, to much hot air and no substance, Iweala wasted her good record under OBJ to become a rubber stamp minister that tolerated GEJ excesses. Barth Nnaji was brilliant academically but greedy, a minister responsible for Nigeria power resources also involved in building his own utility company. I am interested in Nigerians that are Chief Architect, Chief Engineers, COO, CEO and Directors in private sector organisations.
Health › Re: COVID-19: DICON Develops DICOVENT, Ventilators For Local Use by sulaak(m): 1:13pm On Apr 27, 2020
this niger delta dressing Dey always look funny
