₦airaland Forum

Alliswell248:
None of them was bold enough to remove subsidy.
That sets Tinubu aside

So he removed oil subsidies and continued importing dirty fuel at the expense of local refineries. Tinubu is a complete failure

GloriousGbola:
it hasnt been fully deregulated

there is still a government subsidy

they have been peeling it away slowly

https://punchng.com/fg-plans-n2-3tn-electricity-subsidy-in-2025/



power is capital intensive. no one will invest in power as long as a subsidy is in place because it is too risky

it is the same reason people had waited for years to start investing in refineries

The power sector has always been subsidies. The Egyptians funded the construction of 40,000 MW from 2012 to the present with loans from international agencies.

The Nigerian government wasted $4 billion repairing four refineries that still don't work today. $3 billion would build a 5000MW Electricity power generator.

https://africaoilgasreport.com/2015/06/power-deficit/siemens-to-build-14400mw-gasfired-power-plants-in-egypt/

ElSudani:
Egypt is investing billions and getting experts like Siemens to help them. We need to do the same, Egypt is not going to teach us anything we didn't know.

God bless you, my brother.


Egypt approached Germany Siemens too build 3 x5000MW plant in 27 months at the cost of $7 billion

yusufmurry:
Same Egypt that Peter Obi went and APC criticized you. Those in APC are bad students; they can copy and copy your names.

Once you join APC, you become clueless.

Prof Nebo, former Power Minister had said that Nigeria's Power challenge is spiritual

Sowere was talking about Egypt's power sector before Peter Obi went to Egypt for his photo opportunity. Why didn't PO build any generating capacity in Anambra when he was governor for 8 years.

GloriousGbola:
i am embarassed at this man

nigerias power network goes back to the 60s. its issue is that it has not been upgraded over the years

this is a question of capital investment. and it will not be cheap

what makes the mans talk even more stupid is that by decentralizing power generation, the fg has been able to reduce pressure on the aging transmission network

what remains is for states like lagos, fct, ogun,ph to decouple from the nigerias transmission network and rely on internally generated power

for this to happen we need DEREGULATION in the power sector

[b]that is the real issue. [/b]no one will invest in a power sector with prices fixed below true market rates

power in nigeria is first and foremost a cash issue brought about by decades of unsustainable power subsidies

The power sector has been deregulated, with the state now having full authority to generate, transmit and distribute electricity independent of the FG.

emkz:
The problem is not generation but wheeling capacity.

The grid system is old and inefficient which leads to frequent system collapses.

In my view, we need massive capital investments in a new grid system. As much as possible, we need to decentralized the grid.

The problem is everything from sourcing the energy source, generation transmission, distribution, governance and consumption.


Let first start with having a proper minister of electricity and power that can understand what he is learning from Egypt

Dronedude:
Africa is ruled by rebels already. What's new?

He thinks that the people in government were elected

mrvitalis:
Textile is gone we would never get back, for me we never really had any advantage from the start it only survived because of primitive protectionist economic policy and thats what killed it too

Today in other to protect a Dead textil industry that would never be competitive we are killing a potential 100 billion dollars per year garment industry.. Making same mistake again

In 50years or more we would then remember the garment industries

That is how they said that the oil refinery was gone until Dangote shamed the useless government into allegedly repairing the existing refineries that don't workNigeria'sia problem is the kind of government we select.

The real issue is that the Nigerian elite and government have built importation infrastructures that benefit cheap imports from China. What has the Chinese got that Nigeria hasn't got in abundance?


1. Cheap semi-skill and skilled labour is abundant.
2. Electricity - Any country that has the six largest gas reserves in the world, abundant hydro reserve, wind and solar energy, doesn't have an electricity problem but a kleptocratic governmental problem,
3. Abundant oil and gas reserves mean that developing the chemicals and dye shouldn't be a problem. Nigeria already has 8 petrochemical plants from Eleme to Dangote petrol chemical.
4. Starch, Nigeria, is the largest cassava producer in the world.
5. Synthetic fibre - The country has eight chemical plants.
6. Nigeria still boasts domestic cotton farms.


Nigeria lack the leadership or culture to be industrialised due to the calibre of leadership that emanates from Nigerians.

femisplash:
Nigeria will be remembered in the World's history as the most gracious of human kindness, when you help rescue the most vulnerable kids under the worst of living conditions, it's like breathing a life into a dust, giving them a new promise of life. Nigeria has always been voting at the UN for peace in Gaza as well as withdrawal of Russian's troops in Ukraine. We do not only vote but also demonstrates the vote in the most practicable manner. We might not have brought the kids on our soil but the financial commitments we offer will prove much as effective.
Donald Trump came with that kind of an aura but he's fast losing it because he's being too impulsive. The honeymoon is over, now reality stares at him. He's being more of a talker than a doer. Deadlines have failed over and over again, ceasefire deals are being extended days into weeks and weeks into months. The regional tensions in the middle east are being escalated, Russia-Ukraine peace deal while so close yet so far. There seems to be no end in sight while Trump keeps grandstanding.

When will the Nigeria government rescue Nigerians trapped in poverty and misery

ReubenE:
Tinubu is a disaster

He is a criminal and should be shot.

The Naira will always depreciate until the country stops importing the products that it produces, such as refine oil , rice and palm oil

God1000:
How anyone can trust in these dictators is beyond rational comprehension


Donald trump has blood on his hands

Russia never offered Ukraine a ceasefire. Putin said he would not bomb power facilities only

nedekid:
Budget deficit? All I see here is personal interest. People in the highest positions have invested heavily in Malta and all sorts of places, they have invested in infrastructure for importation. It is not in their best interest for prices to reduce as the margin they make is eroded. If dangote is selling at low price, reducing his price at will and making it unpredictable, it makes it risky for legacy importers to import product as they will get their hards burnt. This means they have to find other means to push prices up hence the likely suspension of crude in naira.
Which people do you think have the power to influence the suspension?
If you know you know.

Tinubu and ex-military (Owners of Nigeria ) behind this Nigeria is in serious problem.

So, it is true Africans were involved in barbaric slavery and human sacrifice before the arrival of European colonisation.

GboyegaD:
What is happening with Ajaokuta Steel and the Osogbo Steel Rolling Mills? Instead of starting new projects, it would be good to first bring the moribund ones back to live.

The Moribund steel plants should be scrap or else they become another PH refinery that consume billion with zero output

Goldeno:


What kind of course is following some African I don't just understand.

Everyone is running toward independence and sovereignty, this one is selling is country to colonialism and slavery.

The cancelation of USAID was a chance for many countries to take their destinies in their hands.

Also it is a very obvious and popular fact that American military does not give you peace, in fact they give you the opposite, your country will remain in turmoil for as long as you still have minerals, they will make sure of it.


You will loose control of you government, your country, your sovereignty.

I guess the Congolese are adicted to being slaves and have missed it that freedom and independence is torture to them.

The government of DR Congo has no power beyond Kinshasha. The country is a failed state, and the leader wants to continue stealing. A deal between the USA and DR Congo's useless leader will ensure that they will continue with business as usual.

ElevationD:
They will extract, destroy and you will beg them to go away. African leaders never learn. The leaders are busy looting their own resources, while the rebels loot in the areas possessed by them.

Fix your country.

African people will blame the West for Neo-colonisation and exploitation. The truth is that Africans lack the culture or organisation to develop their countries without the support of the West or Asia.


The best solution for DR Congo is colonisation. The country cannot develop on its own.

When 9mobile was sold to one of Buhari Cabal's friend in 2015, the provider had 25 million subscribers. Now that number is 3 million and falling.

Corruption is the number one problem in Nigeria

This development comes as the operator’s subscriber base has remained stagnant at 3.2 million for three consecutive months—a sharp decline from 23.4 million in 2015 when it held a 15.7 per cent market share.

givedemwotowoto:
According to participants, they were told to come for an empowerment program, and to come with their voters cards as a requirement to participate.

They came for the event with their voters cards, they were told to confirm their voter registration status, and then shown a place to sign their signatures, then await further instructions.

Many of them signed thinking it was a requirement for the empowerment program, not knowing they were signing a petition to recall their senator.

Media people arrived at the event and asked them if they were aware they were signing a petition to recall Natasha. They denied knowledge of such, and that was when it dawned on them that they had been scammed.

This was very fraudulent and EFCC should go after the Agbadorians that planned this scheme.

Now you see how illiteracy and ignorant have guaranteed useless leaders in Nigeria

professorPABX:
You are not exposed enough or intelligent enough to know some of the things you mentioned here.

We have what is called Strength, Weakness, Opportunities Triangle. Chief Louis Philip Ojukwu the father of Ikemba of Nnewi, an accomplished businessman at very early age built the Headquarters of his trading business in Apapa Port Complex (Nnewi Building). He could have done that at ABONEMA port in Portharcourt or Warri or Sapele . DANGOTE will build his business where international trade and coordination would be easy for him.

BUA is already in AkwaIbom. APM has terminal at Onne Port.

You look at the Markets and mobility. Trades along Economic Community of Central Africa States (ECCAS) favour Calabar and AkwaIbom ports. Local Intra regional business favours Portharcourt port.

Trades and Shipping along Lagos ports, Cotonou port, Lome port, GHANA Seaports, Cote D'Ivoire ports and ECOWAS states favour Western ports.

Why would an intelligent man respond to an unintelligent person?

I rest my case, I have nothing to say to your unintelligent waffle.

surgical:
That's the wonder he did in lagos,they are mistaking for he develop lagos

He destroyed Lagos; people are just looking at Lagos relative to the mess called Nigeria.

Why is the Senate and House of Representatives in Nigeria to protect us from Tinubu state capture?

muyico:
Why always Ogun State?

It could have been in Rivers state, but Fubara and Wike are busy fighting each other.

The governor of Akwa Ibom is busy building an 18-story skyscraper in Lagos state at the expense of the Ibom deep sea port.

Since Donald Duke left Cross River State, there has been no visionary leadership in Calabar to build the deep-sea port.

2aces:
Enough to build another ultramodern seaport in the south to help decongest apapa and tincan and ease transportation of imported products to other southern and northern states, thereby reducing prices of goods in the market, but the Nigerian government is never interested in whatever will make the lives of the common man easy.

This is about Tinubu's interest and corruption

Angelfrost:
Lol... Y'all will be shocked to know that Akpabio, in all his failings, is not even the worst of the bunch leading this nation.

A great man once said...

"If you need to ascertain the temperature of an organisation, simply put the thermometer in the mouth of the leader or leaders"


There is no mystery to the downward spiral of every sector of Nigeria, especially since 2015.


No nation can outgrow or develop beyond the quality of leaders it has.

APC has produced the worst leadership in Africa. It wasn't that PDP was doing a great job but the leadership of Buhari and Tinubu has been a sorry sight.

Quarterpast:
Some of us have nothing to eat right now.
For instance, I am particularly without anything to eat. I only drank kunu and biscuits throughout today. I can't sleep this night due to pains from my tommy. I don't even know how tommorow would look like.
Life is just somehow

Just look at the picture and you will be belle full

adalame:
Look at Nigerians’ reactions, just because it’s South Africa. They're supporting Trump, who doesn’t even care about Nigeria. He’ll only be in office for four years, and after that, maybe Obasanjo will even advise him to go for a third term.

South Africans also do care about Nigerians, so nothing lost.

RandDigital:
We've contributed troops in both those countries. Anything else you wanna add?

SA is withdrawing its troops in DR Congo. SA present in DR Congo has been a failure

hafeeanubasy:
Better than all your politicians in your regions that invested their stolen money in DUBAI

Whataboutism is not a strategy. Because some politicians steal and send it abroad, it doesn't give Tinubu the right to steal and invest in Nigeria. How many Nigeria can afford to purchase a property in Eko Atlantic

RandDigital:
SA has a well articulated foreign policy and our support for Palestine against apartheid Israel is unwaivering. Such was excepted and SA will look elsewhere to deepen trade and diplomatic relations for the next 4 years.

https://www.nairaland.com/8369233/eu-pledges-5-billion-south

You should let the Arabs fight their war and focus on issues closer to home, like DR Congo and Mozambique

helinues:
Good

Lagos state is becoming more conducive for business to thrive in Nigeria

Kudos to the current governor, SanwoOlu

It has more to do with Tinubu himself using his position as president to get favours. Tinubu is the silent majority owner of Eko Atlantic.

Svoboda:
Sometime during his tenure as governor, elrufai had written an open letter to president Buhari asserting that the APC had derailed from its core founding principles. I think that was shortly before the APC presidential primaries. I think in that line, he's been consistent.

Yet he stayed in APC and flew to Chatham House to support Tinubu's presidential candidacy. El Rufai is only consistently fighting for his interest.

Tinubu planned to steal, but now that plan has failed. The next election is between the people and APC