₦airaland Forum

PentiumPro:
The reason is simple.
Any Disco that cannot reasonably and effectively metered the electricity it distributes will not be able to pay the Gencos and will just keep accumulating debt. The issue is worsened now with the fact that 1, estimated billing is becoming difficult to collect, 2, it's almost now illegal to disconnect owning customers.
The ultimate solution is to METERED ALL ELECTRICITY CONSUMERS.. Anything outside that will not work

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Let me add to your suggestion ... the distribution companies should ensure all metered electric consumers are unable to bypass their meter by deploying the latest technology. Work with Lagos state government on the use of mobile courts to ensure that any consumer that tempers with his/her meter receives court judgment same day.

Osinbande is actually right we are progressing... progressing over the cliff, or towards the lagoon or red sea... but please let them know that this is not the kind of progress Nigerians voted for!

This is a fantastic payout package, people in the house are forgetting that the sacked employees would also have access to what is saved with their various pension fund managers, the money from their severance package combined with funds with their pension fund manager would truly be staggering!

By the time more modular refineries are being set up in the south south, Dangote would probably start sweating!

LorDBolton:
Bruv you're living in the present.

My question to you is did you read a finance/management/economics course in school?

A lot of factors determine oil prices, what u noted is called 'fracking' that's the new technique of getting oil.

Like I said boss, oil prices will rebound, it's a question of when not how.

Russia wants to start drilling further into the artic and very remote areas in siberia... do u think u know more than the white men whose job it is to forecast demand? Oil & gasfutures?

What's affecting naija, Venezuela n co. isn't low gas prices, it's the OVER-DEPENDENCE on oil.

Mardi gras (an annual masquerade festival in new orleans, louisiana USA) contributes over $50m to us GDP

How much does obudu, olumirin, ikogosi, badagry museum, yankari, argungu festival etc contribute to naija GDP?

UAE used oil to transform dubai, you know how many FTZ are in UAE? Recently lagos unveiled ambitious plans for their own...while SS leaders are jonzing (betraying Donald duke's plan)

Don't worry about the oil prices, worry about nigeria being strategically positioned to benefit from the next price boom & not waste it via embezzlement

The next price boom... when will it happen, what are the likely indices to watch out for... i hope you are not predicating the next oil boom to arise through another round of middle east crisis which would lead to loss of human lives.... My personal opinion is that giving the changing dynamics of the oil and gas industry i do not see an oil boom even 30 years from now... what i foresee is a dstv documentary of abandon oil rigs and oil wells as newer technology provides the need to use less and less oil to power equipment etc. Watch out for the next big bang in the Energy industry!, i assure it wont be crude oil price friendly.

eduj:
his point is dope.
oil is going through a period of diminishing returns and also an economic term known as "fallacy of compilation".modern technology is effectively increasing the fuel conversion efficiency of machines while a the same time making it possible for crude exploration and refining in previously ignored regions.for instance ghana has successfully raised her crude reserve to 6 billion .In effect,their is too much oil for too little uses.the only way oil can reach previous levels of 2010, is if africa experiences an industrial revolution akin to that of asia or,banning major exporters like done to iran or,the economic tool known as "war" occurs on a continental level.opec output cut would only improve the captial marginally by creating an artificial scarcity.

It is interesting that after the recent OPEC quota cut,,, instead of seeing a rise in crude oil price, rather there was a dip...

itoldu:
Atiku will never become President in 2019.
He will run but won't win. A woman will beat him
Oh well! THAT IS IN 3 YEARS TIME.

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you mean a wool-man would beat him!

Keneking:
no link between MMM & deceased

Be careful what you text.... don't make yourself a prime suspect! DSS read articles on nairaland!

Just bought a cartoon today, like the taste so far.

Ha, the lady has entered "0NE CHANCE"

lmbnicegirl:
I used it and am not married, please pray for me.

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Meet me at the Mango tree where you said no my marriage proposal!

Wishaky:
I love dis man soo much nd I pray God bless him more nd more............

Osibanjo may not be perfect, but i appreciate one fact that he does not appear power drunk... He exemplifies simplicity. A combination of Osinbanjo and rtd. Colonel Umar would to me be awesome! If Buhari really believes in the One Nigeria project... this is his finest hour to support such a ticket! It would be a shame if Buhari decides to run in 2019... He should start to show that the black man is not cursed with insatiable lust for power.

sukkottt:
of course witches and wizards exist. there are powers in the cosmos for anyone who has the incantations to access and invoke such powers. its like how there is solar energy in the atmosphere from the sun but you need solar panels to access and invoke it b4 it lights ya house up

brilliantly explained. I think Seun is just trolling!

Seun:
What's your strong belief in their existence made based on? Could it be based on powerful local movies that you watched as a very young child?

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Seun why are you trying to form a Mark Zuckerberg in Africa.. Seun you can eat the hottest pepper soup and live to tell the tale, Mark Zuckerberg dare not, Africa is not America, different spiritual forces operate in different continents!

promise10:
i still wonder how awkward your brain works!

if supernatural is discovered by science, it will still be called supernatural?

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The natural can not discover the supernatural, rather the natural can experience the supernatural!

Lynette2cute:
Seun Osewa, i'd advice you stop rubbing your atheism in our faces. Choose to believe whatever you want but all I can say is that there is more to the physical than the ordinary eyes see. If you are waiting for hard and fast evidence that the supernatural exists then I'm sorry but that's not going to happen soon because most of us believe based on our personal experiences. E hugs

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Unless Seun experience the super powers how can he be convinced. I can not wish Seun evil so may Seun, never experience dark power... it is never pleasant, destinies have been destroyed!
The irony is even if Seun experiences and decides to share his experience, non of his "i dont believe in dark powers" followers would be convinced.

MISTAICEY02288:
Charlie boy might be crazy buh he is really sensible. If you take a good look at his lifestyle, you'll agree with me. He has a good marriage and nice homw, he speaks for the masses as well. If he were to run for presidency, I would prefer him over that dullard in Aso rock over and over and over again. . God bless you Charlie boy AKA Area Fada and we hope those fools in power listens.

Is it the same charlie boy that refused to pay his rent while living in Gbagada? Please correct me if i am wrong. The problem is that our so called leaders preach one thing while doing the opposite.

Mr. President this is a trip you could have sent your VP... Nigerians are going through a lot... We need you in the country, constantly reviewing the KPI of your ministers, all the promises you made and how much has been met and not making unnecessary trips outside the country.

Is it only over inflation of the air pressure in the tyre, what of the problem of wrong screwing of the nuts... i am still in shock that a vulcanizer could improperly screw 2 Nuts out of 5 Nuts wrongly, while fixing back my tyre.... when i had a flat tyre i was informed that two of the nuts was not aligned with the thread on the bolt, lucky they managed to unscrew one but could not unscrew the second, because, it had melted to the bolt, on the disk plate, so they had to condemn one of the bolt... i was advised to see a panel beater to weld another bolt, on the disk plate.

This is the change we voted for... the govt of gerontocracy.

Believe me $30 billion dollars that Buhari intends to borrow aint going to fix that road!

sirusX:
Hmmm....this brings another question to mind
"If angels had their freedom in heaven, does it mean there can still be sin in heaven?"

I'm just asking for the fun of it

A very good and interesting question...

I will like to take it further after the devil is banished to hell inclusive of those who refused to repent of their sinful nature...
I assume free will will still remain, so what stops another rebellion from happening?

Vonwolf:
I know Pastor Graham, I'm shocked to hear this, only God knows the truth.

You never knew Pastor Graham but now you know.

LorDBolton:
Oga grow up it doesn't matter where the ride was manufactured, the palace paid for it, @least it wasn't a gift from britain.

Every kingdom engages in trade so wtf r u saying?

My grouse is why such extravagance especially in this time of recession? The unique thing about our obaship is its deep connection with the people.

If he continues this way the people will become disillusioned with the obaship /palace

Who told you that our traditional rulers genuinely care about the people?

1stCitizen:
A clear case of mental illness.

I highly recommend that all Nigerians should be subjected to psychiatric check up at least once in every 3 years. This is likely a case of a mentally ill person's action exacerbated by poverty.

Riding Rolls Royce on dilapidated Roads.. smh!

In the land of the blind the one eyed person is king. With all the revelation of massive corruption and sharing of blood money by Fayose, i am surprise he is still playing to the gallery...

haywire07:
''Prior to getting into the premises I thought that the invaders were even armed robbers or kidnappers, more so when I was not questioned by anyone about anything.''

but....

1.he allowed them in because his maid said they were sent by the president

2.he granted them a meeting in his study

3.he laid and dozed off repeatedly on his couches while they ransacked his home

who does that?

who does that?
A CORRUPT JUDGE

Nigerians aint see nothing yet i see NNPC adopting MTN BOGOF strategy, buy one barrel get one free, inclusive of free delivery. Which way Nigeria! smh.

#waiting for DANGOTE BANK!