₦airaland Forum

Mr B is such a lucky man. He's happier for sure

This is getting serious

Zik is the greatest!

Is there any Nigerian president that didn't fail? Buhari will also fail, even worse than Jonathan.

Aflowz:
Blatant lie. If relevant economic policies are adopted... it won't.

Relevant economic policies like?

teemanbastos:
a government backed by prayers can never fail

The problem with Nigeria is that majority of Nigerians think like you. Is it prayers that is backing the governments of Japan, Singapore, Canada, US and other developed countries? You nigerians should get an education!

Religion, something I'm trying to understand.

This will lead to an increase in money supply without any increase in productivity, which will ultimately lead to inflation.

The Nigerian power sector as it currently stands, suffers various dire challenges.
There are challenges in the generation sector due to lack of adequate gas to power most of the gas power plants.
Electricity cannot be stored, so the few working plants that produce power must transmit the power to where they will be distributed to the final consumer. Our transmission infrastructure is inadequate and there's a threshold to amount of power it can carry at the moment.
The distribution sector itself has its own challenges and problems. Distribution infrastructure and systems are also inadequate.
We encounter these problems because we are trying to manage the electricity sector as a central or national entity and system. Rather than starting big and waiting till there are billions of dollars available to build huge generation and transmission infrastructure, we should start small instead. The energy needs of Lagos are enormous, when compared to that of ebonyi.
The use of the distributive and embedded power generation models in Lagos on a wider scale is a welcome idea.
Rather than generate power in sokoto and try to transmit it to lagos, generate the power in Lagos and let Lagosians use it.
It will be easier to manage, plan and maintain.

These men look dull. One of them is even trying to sleep

hopeforcharles:
Safe journey but make sure you didn't bring anything funny back here oh.

The only thing I'll be bringing back is cash, wads of cash.

#Heading to Japan next year. ....... To preach the word of God.

jossyj:
Rip to the dead but nothing is great in his father but for him can someone tell me if he is the one that lived in Sharaton for many years

You are a convulsing twàt. Don't ever talk nonsense about Nnamdi Azikiwe in your life

Story. The persecution of GEJ had already started even before he lost the election. Tell us another story.

I have decided to give Buhari a chance, if he fails??

RIP man. Your father is/was a political legend. Zik still remains the foremost Nigerian nationalist, no other comes close. If there's one reason why I don't want Nigeria to breakup, it is only because of Nnamdi Azikiwe. His dreams for Nigeria must come to pass.

jpphilips:
lolzzzzzzz

What's funny?

Lmao!

He's right. Its called classified and confidential information.

Zoning of positions can't end in Nigerian politics. It is borne out of the greed and mediocrity that the fraudulent 1999 constitution perpetuates.
It has been so basterdized that it is now being practiced even in the most elementary political spheres. When I look at the disgusting manner in which our federal and governmental systems are run, sometimes I feel like we were better off with military regimes.

Innovation and Knowledge at work! Values that are nonexistent in Nigeria.

atilla:
in guessing the ones that didnt make it remaining are

union
stanbic
keystone
unity bank
standard chartered
citi bank

if im wrong someone pls help me out. but peeps shouldnt fear they have time to submit plans and do the needful

p.s dont go and withdraw ur money from bank because of this news oo

Citi and Stanbic are some of the strongest banks in the country.

See badluck.

He's a billionaire in naira, not in dollars. He's probably not worth more than a 100 million dollars.

What worries me more is the cost of servicing the debt especially the local debt.

The greatest Igbo man ever and the most revered Nigerian leader.

2 abokki people.

Crap. Its a shame that Nowhere in the south south is as developed and organized like Abuja, even port harcourt and calabar which by virtue of their historic antecedents are meant to be some of the developed areas in Africa are nothing but glorified rural areas. Abuja that was developed with oil money looks better than areas where the oil is sourced from. Nigeria is big joke.

ApexTitan:
Remind us again where you earned your degrees in Banking & Finance?

Who said I have a degree in banking?

From the look of things, we may have less than fifteen commercial banks in Nigeria five years from now.
We need more banks in this country, the ones we have at the moment are a waste of time. They are not helping the economy the way banks are supposed to.

These aren't reasons why the refineries can't work. The refineries can work if they're fixed and managed properly.
What you gave are reasons why there's a lack of private investment in the downstream sector.

These excuses are worthless and unreasonable.
1. The Nigerian Railway Corporation and other government businesses died before the advent of the PDP.
2. The problem of the north east should be in seclusion. They failed to embrace education and civilization, which resulted in an outbreak of law and order due lack of economic productivity. The zone is the least productive in Nigeria, the PDP should not be solely blamed for the cultural inclinations of an ethnic nation within Nigeria.
3. Yes, a tidy sum of revenues has been accrued from 1999 to date but it has also been expended as stipulated by the constitution. The cost of running the federal system of government is very high. All revenues earned from 1999 to date were shared by the three tiers of government ( the federal, state and local government). Some tiers used theirs to the best of their ability while others failed.
If for the past sixteen years, the dividends of democracy are yet to be seen and felt by a vast majority of the populace, then we have a problem as a nation. You can also ask why the military failed to give us steady power and energy for the thirty somethin years they ruled?
5. Nigeria's problems did not start from 1999. The miseducation of Nigerian populace which was a direct result of the failed policies of the military (which Buhari was a part of) on the education sector; the implementation of governmental systems not suitable to the Nigerian state as well other sociopolitical and economic failures of the military, led to our downfall.
6. The price of oil should not be the major concern or problem of any president in Nigeria. Fifty years after independence, our mates in Asia and Europe are past that stage of depending on a finite natural resource for their economic livelihood. You should rather see, the fall in crude oil prices as a blessing and use the opportunity to galvanize our factors of production to ensure maximum productivity within our economy by implementing strategic fiscal, monetary and social policies to achieve the objective.