₦airaland Forum

Bagu1:
I Stand with ASUU

when public institutions begin to pay such a higher tuition fees, a lot of people may not go to school there after.

now what is the role of Education Bank...?

to grant loan to student, I guess... this is rubbish, not everyone will have equal opportunity of having access to such loan, and moreover after securing the loan who will manage (the custodian of the fund) if it is the students, a lot of people will drop out of school and start business for a living afterall, who Education epp in naija...


I Stand with ASUU...


The Federal Government should stand up to their responsibility

Good, so govt should spend 3trillion out if a budget of 8trillion just to keep fees low?

Okay

I'm afraid but the government is right.

Here are some cold hard facts.

1.As at 2009, we need 3trillion naira to fund education in universities.

2.As at 2013,the previous government told ASUU that 3trillion was not possible.

3.Our budget for this year is 8trillion.

4.We need to either find a magic way to earn more money, or we pay high fees.

5.Nigeria spends 600000 per student per year in a govt university (2013).

6.APC has failed, but the cold reality is that either we increase fees, or we take loans or we spend half our budget on just the universities.

Sorry, but fact is fact.

buhariguy:
it will have impact in your life if you are not jobless aggressive lazy terrorist.

I am afraid the person you quoted is right.

Positive balance of trade, while good, does nothing for the average Nigerian (except those who have jobs related to the aforementioned exporting branches).

We need to be a job creating economy....via deregulation of the oil sector, improving power, and transport.

The product groups that contributed most to the positive trade positions during the review period were mineral products, wood and articles of wood, wood charcoal and articles, live animals; animal products, and vegetable products.

According to the Commodity Price Indices and Terms of Trade report for Q2, released yesterday, Belgium, China, Spain, the Netherlands and India constituted Nigeria’s top five trading partner countries within the period.

The major Nigerian export to Belgium during the quarter was other petroleum gases valued at N11.7 billion, followed by good fermented cocoa beans (N474 million), frozen shrimps (N453.5 million) and other meals and pellets of crutacean (N53.9 million).

On the import side, Nigeria imported petrol worth N117.6 billion, gas oil valued at N20.6 billion, malt (N4.1 billion), polyethylene (N2.0 billion) and other polyethers (N1.6billion) from Belgium.

Not bad...I can see we are exporting more stuff other than oil.

The problem though is the petrol we are importing....N117.6 bn. More motivation for us to improve our oil sector.

pentax:
And the benchmark for our budget is $51, yet Bubu's government is planning to borrow more and sell government properties to fund the budget. Where is the remaining $30 per barrel going to? Corruption has become a normal thing in this government

We need to borrow because even at 81 USD it is not enough UNLESS it gets to $139 per barrelThe benchmark is just there to make sure we don't run out of money at an inopportune time. If we want a balanced budget....oil has to go much higher.

INTEGRITYA1:
We should be in surplus already, because 2018 budget was benchmark bellow 30dpb.

Looking at the rising in the oil price for some time now, APC lead government has no reason not to deliver on campaign promises. Meanwhile, our excess crude account should be overflowing by now.

I expect no surplus until oil goes abve $140 per barrel.

That is the bench mark needed to have a balanced budget.

Even then....APC won't be a good manager of the economy unless they start taking measures to diversify the economy away from oil. That is how we should be measuring economic success.

No rejoice yet

The magic number is 140

Also

1. Oil was at $75 in 2015...then $30 in 2016 , now it is at $81. Which means...all the loans we have been taking to keep our heads above water must be paid.

2.Our breakeven price is $140 according to Fitch. So until then, we need to keep on taking loans.(For GEJ haters...that is the reason why GEJ tookloans too because $120 oil price still left us below the breakeven)

3.We also need to start saving again. Bubu and his guys are overspending again,and CBN is getting tetchy. A big part of the reason why we are not Venezuela...is because we have savings.

4.Time to remove subsides....especially fuel subsides...so that we can have more money to save. (And so that we can attract more investors and jobs to the downstream sector)

gurunlocker:
The hermaphrodite bress is still there.....

Skin left over from the time he was fat. He will get some surgery to remove the excess skin.

djon78:
From your own understanding, how will Nigeria get off oil? Because this statement has always been repeated. So How?

Well....we

1.Remove subsides.. which means we no longer dictate to poeple how they should earn their profits...so that we have enough money to spare for

2.Education, especially techincal education, transportespecially rail transport, and power...espeically transmission (which is what is under government control).

3.Take loans ONLY for power (improve transmission and generation) and at the same time raise electricty bills. (because power needs hundrends of billions of USD over the ten years).

4.Subsidy removal means more funds for jobs, better facilties, more foreign investment.

5.Incentives for manufacturers.

We won't become a superpower overninght...but in twenty years, things will be much better.

My opinion.

onlytiles:
why are you people like this? you complained that at $80-$90. GEJ could have turned Nigeria to Paradise that everything was difficult because you met oil at $30. now oil is at an all time high look at lengthy analysis you are giving to justify your masterr's impending failure to lift Nigeria out of it's economic quagmire



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You did not read my post well...especially point number 4.

Thing is, even at high or low oil prices, we are not running a good economy...we are running a bad economy based on the price of oil.

Expanding on the GEJ should have saved argument...it really does not matter if he saved or not.GEJ saving means that the recession we face now would have been delayed for a year. Buhari saving means that we just have enough money to keep us from being like Venezuela.It does not mean we have a stable economy.

Also, we need oil to be at $140. In 2014 we needed it to be above $130 (That is why GEJ kept on taking loans...because oil was not at the breakpoint. Another reason was that we Nigerians forced him to waste money on subsidies. Then there is corruption and poor fiscal management as well. )

All in all...we need to get off oil. That is the point I am trying to make...but you miss it because you people are allabout PDP and APC..

Before I answer...

1.Condolences to the family of Ras Kimono over this untimely loss.

2.I think that we do have a serious problem with negligience in our health care sector. However, too often, we also have an issue with too much giving of people a bad name too.

So, here are things that bother me about this story.

1.We do not know what kind of illness the wife of the singer was suffering from...which is important.

2.There seems to be some confusion of time of death.

3.They were rejected at two hospitals. That is in most instances a sign of the hospital being honest with you...that they do not have the facilities to treat you at all....and they have to refer you.

(And trying to treat a patient without the right kind of faciltiy, backup...with patient dying...can lead to serious charges of negligence for the doctors and nurses concerned. You will be asked why you did not refer that case.).

One doctor i knew had a child come in with serious pneumonia. Child needed oxygen. Doc told mother of child that they had to go to the nearest teaching hospital. Mother begged...no money for teaching hospital...please treat my child. Doctor agreed....and child survived. But if child had died...the doc would have been in serious trobule for negligence.

4.They arrived at LASUTH....there was a 40 minute delay. That could have been due to any factors....lack of bed space, lack of adequate facilties, etc....or money

Now...let me let you in on a secret....many hospitals in Nigeria are in debt because patients run away wihtout paying for care.I used to work in a parivate hospital which had patients owing...big time. And that impacts the hospitals ability to provide adequate care...because no money means no facilities....

5.Before you bash our medicos...please ask why such and such is happening.Because the truth is....our health system is hobbled by a lot of factors that make it diffiuclt to work. And the brain drain of doctors,nurses, and other cadre makes things worse

omoelerin1:
Your analysis is wrong.
The major excuse of buhari during economic downturn in 2016, was the drop in the price of crude oil and failure of Jonathan's govt to save for the raining day despite that the price of crude oil was above 120 dollars. If it is true that the price of crude oil must be around 140 dollars before we can have budget performance, then why blaming Jonathan for not saving anything?

1.See my point 4.
2.Somehow....Bubu did save something even with low oil prices.(which is why some of us are annoyed with GEJ for not saving). But the thing is GEJ found it harder to save because we had to pay for subsidy and we also had to keep the naira afloat. Bad economic practice...but even if GEJ saved, and even with Bubu saving...that does not mean Bubu is running a good economy. Saving only keeps the evil day away. Had GEJ saved....it would be good...but our economy would have still been bad.

Listen, Nigeria does not have any excuse for its underdevelopment considering its oil revenue. Nigeria is one of the richest country in term of oil dollars and it still remains underdeveloped and one of the largest number of poverty ravaged citizens in the world.

We produce the same amount of oil as the UAE. We also have a population of 200million compared to the UAE's 12 million. Of course...Dubai has the nice skyscrapers and nice living...while we have the poverty. A good reason to diversify not so?

When did oil subsidy become the bane of unemployment in Nigeria? Is it 2000 naira paid by metered house responsible for lack of investment in power sector? Our major challenge in the power sector is not DISCO. Between generation and distribution, which one is our major problem?
How can a reasonable person suggest that subsidy removal and increase in power tariff are the solution to Nigerian economic challenges?

1.Our GSM sector was allowed to set prices the way they wanted...ie deregualted (unlike NITEL that was run on cheap subsidzed bills)..and as a result they had the money to pay for infrastructurre and improvements. And initially prices were high. (My dad's MTN line cost him N10000 in 2003. Today, it would cost N1000.).

2.If we deregulate....the oil downstream sector....yes, fuel will cost N200 and above. BUT....foriegn investors, and local investors will pour in, and eventually prices will drop....BECAUSE oil companies will now have the cash to ivnest in facilities. (Subsidy essentially means government dictates how much money a marketer earns. Which is something most Nigerians won't like if the govt does it for their own businesses)

3.Power has been privatised...so DISCOS and GENCOS have to raise money for themselves and the Transmission sector...which is government run. Problem is, they are not riasing enough from the bills...and as a result are owed hundreds of billions of naira from Nigerians and their givernment. And government is fixing prices for them. Tell me...how are they going to earn money to make a living.

Now I am going to ask you a question....would you like it if government came and told you how you must sell your products and how much profit you must make?

4.And the truth is, we are not earning enough from oil We are wasting it on subsides , oil inclusive...most of which is imported. Or why was GEJ your hero thinking of increasing fuel prices in 2012? Because the truth is, even then, we do not have enouigh money....unless oil is above $140 per barrel.

AlphaT1:
APC told us they removed subsidies and so price of PMS must be increased from 97 to 145 naira....I am not understanding this government of Mr integrity oo..

For us to know that subsidy is gone....the government has to stop setting prices.
Simple.
What happened in 2016 was a partial removal. Same thing happened in 2012. ...and even as far back as 1986-88.

seguno2:
Fuel subsidy was removed already.

Except that it was a partial removal.

Hint: They (the government) were still setting the price.(That's why I did not believe that report then, and now).

And now confirmed by a report some time ago saying that subsidy was still being paid on fuel at the rate of N65 per liter.

(And landing costs are now at N180 for imported fuel.....)

Governments have done this from time to time (GEJ for example in 2012 did the same thing when he raised prices from N65 to N140,and then reduced things to N97.).

The cold reality is that governments, including this one, so dont want to deregualte because if they do, it would be expensive...politically. If the govt is serious...they would allow marketers to set the price, and stop paying subsides, and make NNPC more accountable. Simple.

oodualover:
100bn or 300bn?

I won't be surprised if it is 300bn.

In 2015...it was $120bn and rising.

Saudi cannot afford another oil price drop.

Infact....Saudi Arabia really doesneed to get off oil. As do many oil rich Arab nations. They all say they want to defeat Israel....yet Israel has an advantage over them because they have a strong industrial sector...while Saudi importa everything....and from countries that would back Israel self if push comes to shove.

bishopkay:
At the bolded ; Oga seriously? We've not even played dirty opposition politics up to half what apc did during their time.

The APC then undermined every sensitive instrument of government including the armed forces and the office of the president. For every attack on military formations, it was victory for them. Lai would hold press conferences where he wept crocodile years.

They Said all manner of things and even threatened our democracy with a parallel government. So looking at where we are Coming from, I'd say we've only played decent politics all along as opposition

Both parties are guilty.....and to be honest, it does make me tired of Nigerian politics as a whole.

wink2015:
UNTIL NORTHERN NIGERIA AGREE TO RESTRUCTURING, FISCAL FEDERALISM, RESOURCE CONTROL, NIGERIA WILL CONTINUE TO WOBBLE INSPITE OF THE PERIODIC RISE IN CRUDE OIL IN THE INTERNATIONAL MARKET.

Northern Political leaders have kept Nigeria down for decades with their special "MILITARY BRAND FEDERALISM" which keep majority of the oil money at the centre with the federal government dishing out stipend call "ALLOCATION" to states.

It is high time Northern Nigeria with their vast land return to Agriculture and solid minerals.

This everything Federal! Federal! Federal! must STOP!

Power should be devolved to the states for them to use their resources to grow at their own level.

Even with the present increase in crude oil price not much will be achieved because of our battered federalism.

1.In other words, you want the South to get more oil money (I am a Southerner by the way, so no objection).

2.That would make the South more dependent on oil

3.That would mean the South would be wrecked economically when oil prices drop again.

4.Agricuture and solid minerals are also subject to prcie drops. Zambia is reliant on copper. From 2006-12 copper was at an all time high. Since 2012...copper has fallen in price.Guess what happened to Zambia's economy.

5.We need to become a manufacturing economy,not a raw material exporting country that exports raw materials to other countries who will use them to make products for billions more in revenue...which we won't see.

damilare442:
Smart move by the Saudis. Looks like those guys are now getting wise now. They have long being a mega stooge of the wests

More like they have learned the lesson of 2014....they thought they were doing US oil production,but they were doing themselves....

Saudi has lost over 100bn US dollars in savings since 2014. They cannot afford another oil price drop.

Racoon:
And the confusion continues.

As the article says...

He wrote: “In view of the Osun State Governorship rerun election which has been scheduled for Thursday, September 27th, 2018, by the Independent National Electoral Commission (INEC), the All Progressives Congress (APC) has now rescheduled the presidential primary election to Friday, September 28th, 2018.
“This is to avoid a clash in dates with the Osun State Governorship rerun election and enable all registered Party members in all thirty-six states of the federation, including the Federal Capital Territory (FCT) participate in the exercise.”

You PDP people...we know you might get into power next year....but please try to be a wee bit more prinicipled in yer opposition.

izombie:
Postponed twice in a month. Talk of clueless. They haven't mastered their rigging plans yet.

As the article says....it is because of the Osun rerun election....

See wetin bad management cause?

What happens when someone uses a bank as his or her personal moneybag.

GoTV:
The best president we never had

Because when people like him want to run....people like you will promptly shout that he or she has no chance...and go vote for the same old characters in PDP and APC......

So the only hope such people have is that they get appointments where they can do something....

FrancisDozie:
eye service in progress

Right...so no one from Aso Rock should visit flood affected areas...so that you can call them heartless,eh.?

Abeg....was GEJ visiting bomb victims in 2014 eye service?

Just partof the job of being in leadership....

Racoon:
So now that oil prices have increased, lets see how the next economic blame of Nigerian government will go this time around.

NB: This is not a defence of the government, but an explanation if you will of why we should stop being a monoeconomy.

And with that...here is why the $81 oil price won't improve Nigeria's economy

1.We need oil to be at $140 per barrel to be able to have a balanced budget. $81 does not even reach that threshold.

2.Because oil has been below the $140 threshold since the government took over....we will still need to takeloans, and we will continue to take loans until oil reaches the breakeven point of $140...and even after that, we will still be paying back loans.

3.That is how we have been operating since long before 1999. No matter how high or low oil is, we always would keep on taking loan after loan UNTIL we reach the breakeven price...and even then....

4.Even during the last oil boom of 2011-14, because oil was not at the breakeven for those years....we still took loans.

5.The only way forward is simple. We have to

a) End subsides, so that we can save more money and encourage investment...which means more jobs. Yes, fuel will goup....but more investors ,local and foreign will come in, and jobs will be saved.

b)Take strategic loans for power and transport alone...so that we can improve things.

c) End price controls in the power sector. DISCOS cannot make much money on power bills of N2000 a month for metered houses. That way,more money and investment flows into the power sector.

d) Cliche...but we must really 'pight kwarrupshion'.

ERockson:
The worst place for housemaid is igbo woman house.

I have seen many Igbo women who treated their maids well...and many others from other tribes who did not.

Mistreatment of domestic workers is a Nigerian problem,not just an Ibo problem

So, get rid of yer bigotry.

correctbae:
An aggrieved lady has taken to her facebook page to call out General hospital, Ijede for administering wrong blood and excess injection to her brother which eventually led to his death.

Her post:

And u guys thought u could jes kill my only brother and go scot free
I swear down u all will mourn over your children
Imagine a general hospital dat has doctors nd nurses dat are not qualified
Buh jes because of d money u wanna collect
U all were all greedy
Firstly u gave my brother an overdose injection
As if dat was not enough
U gave him a wrong blood ....u gave him a blood dat doesnot really match his blood group
Den suddenly he changed and died
General hospital ijede i swear u guys will all mourn

Source: https://correctbae.ng/2018/09/20/lady-calls-out-general-hospital-ijede-for-giving-her-brother-overdose-injection-and-wrong-blood-which-led-to-his-death/

I have some questions for the lady

1.How do you know the doctors and nurses were not qualified?

2.How do you know your brother got an overdose. I'm not saying it did not happen(I once had to sort out a patient who got injected with the wrong dose of a medication several years ago...so I know these things happen)...but how did you know?

3.How did you know he got the wrong type of blood? Did someone tell you?

4. Exactly what disease was your brother suffering from?


I also have some questions for the medical team...docs, nurses,lab techs

1.Was there a process for checking blood about to be transfused ...were there things like blood transfusion forms, proper reagents, etc.

2.Was any effort made to communicate well with the patient's relative about the illness...UNLESS...the patient specifically requested that you tell them nothing(happens...)

3.How is your record keeping?

4.Were the drugs given to this patient checked before giving it to him? (Once nearly lost a patient...if not that I and the nurse checked the drug before giving....which led to us heading to the pharmancy...which led to a finding of wrong packaging.)

Jaqenhghar:
Its always the fault of the patients. Always is. Ill tell the story of my mum. For 3 months they couldnt make a diagnosis. Im not even saying give me a cure jist tell us what is wrong with the woman. Upon all the xrays, scans, ct scans, numerous tests, hundred of thousands of naira , visits to various consultants uet they could t make a simple diagnosis. But according to you its still the patient's fault. SMH

I'm about to let you in on a secret...

Some diseases may not have a diagnosis...instantly...because they are either rare, undiscovered, or unusual.

I'll give an example. The husband of an old friend of mine. His disease baffled doctors in this country for a few months...before they foound the diagnosis...a rare disease, so rare that I doubt most doctors in the world have heard of it. And the treatment 1) cost a lot of money 2) it was of no use eventually...the guy died. (The disease was autoimmume...it essentially meant his body's immune system was attacking him..and when that happens...)

So, that's what may have affected your mother...a disease that was like that which killed my friend's husband.

Another thing is that finding a diagnosis is not that easy in Nigeria. As an example...yesterday I was reading about a child with a rare genetic disease...which could only be diagnosed with extensive genome sequencing to find the actual genes. In Nigeria we don't have that kind of genetic sequencning. It would cost millions to import and millions more to maintain....so a Nigerian kid would

So, what I am saying is...basically we may not have been able to diagnose your mum's illness because quite simply we did not have the equipment to do so. You talk of CT, MRI....welll there are more advanced forms of imaging like PET scan. Also, most Nigerian hospitals have a very limited set of tests to do. We are not like Western hospitals that can do all sorts of tests in a few hours...we have out of date machines, very few people to run and maintain them. So we do the best we can...and hope we finda solution.

And what iamanigerian guy said about cost is true. The average budget for a teaching hospital in Nigeria is $10-15million. Meanwhile the same hospital in the USA has a budget exceeding $200million...if not more...paid for by high medical bills. If we were to chanrge the same medical bills we want to charge in Nigeria...that they do in the US... there would be protests. So,,,poor resuoirces means you get poor care. You get what you pay for. If you pay for a second hand book...don;t expect a brand new one.

And yes, in this country, medicos do their best...and still get blamed unfairly for the death. As an example...we lost a patient in a hospital where I worked. Said patient had kidney disease. He was on dialysis...when he died (which happens in rare instances even under the best of circumstances). His son blamed us for the death. Assumed that we just sat down and watched his father die. We did not.

I know we have bad doctors in this country....but there are a host of factors also at play.

IamaNigerianGuy:
You dey try to type this long explanation. Personally, I gave up on the Nigerian populace long ago. They specialize in bashing health workers and jumping to unfounded conclusions.

Part of the problem is that medicos (I am one) don't gently explain things at every step of the way.

If we did...we would save patient's relatives a lot of misunderstanding.

Trustme2:
What a loss. How old was he when hr became MILAD? Young men of today make una give una self brain o

The coups of 1966 plus the civil war of 1967-70 meant that a lot of young soldiers got promoted very quickly to fill many mortality related vacancies.

If there had been no coup in 1966...someone like Yakubu Gowon would have become a general...in 1985

Donelli:
I've always noticed a pattern when I read through comments about Nigerian political landscape and it's quite funny really

I am curious, if the SE is a political non-entity as most posters desperately want to prove, why do you guys always make reference to the SE in every topic. Why not ignore the SE to oblivion. Or maybe it's not what you guys are trying so hard to paint.

Another issue I find confusing by definition is, reading the "SW" and "political sophistication" in one sentence. Yet "one man" controls their political affairs and I read how he is praised to the heavens. If the SW is as enlightened as one is wont to believe, one would expected the SW to be the drill zone for political aspirants. Unfortunately, it's just sheep mob mentality.

Furthermore, cult-following and core north are like synonyms so it's already clear to one why the powers that be would rather the north remains unenlightened for their political benefits.

It's possible that the core north do not trust the SE because they feel the SE cannot be controlled, which makes some sense in the political context; I'm still not clear what the average SWesterner's grouse is with the Igbos

What is the root cause of this ill feeling. Is there someone reasonable that can explain this to me once and for all please.

1.It is only some people who think SE is irrelevant....I don't (see my posts on this thread).

2.All regions are important. Some are more important than others. In 2015...it was the Middle Belt that was important...and PDP's failure to tidy up the middle belt is the most important reason behind their loss in 2015.

3.Far North does vote APC monolithically...though that does not explain Gombe state, some parts of Kaduna and even Adamawa. Plus...defections defections defections. The defections may play a role.

4.SW was a monolith....as far back as 99. Nowadays...they have one foot in and the other foot out. See the last election. Two south west states went to PDP...Lagos nearly fell to PDP....prolly Ogun, Oyo and Osun that are APC sure bankers.

gigabyte13:
And you think the Nigerian politicians don't know how weak the SE is electorally, who takes them serious...........?? If only GEJ had known, they made him believe they are in every states and are very strong electorally, we know how that ends. Mark my words, this same pdp, that they worshipped will still pick their VP from the SOUTHWEST

They may pick their candidate for VP from the SE...at least one PDP candidate (Atiku) has said as much..and I personally suspect Saraki might be interested in a SE veep too.

Also PDP might have won in 2015 if they had handled the middle belt better...especially sorting out crisis in key states.

Eponyeeboz:
So, the SE is now ecstatic to vote for an Hausa Fulani candidate in PDP?
When they were calling others Hausa Fulani slaves for voting Buhari, commonsense was far from them at that time?

Funny clowns.

It is funny....but at the same time, in politics , rule no1 is ....interests first.

PDP in the previous 6 years before the 2015 election had made itself attractive to the SE...to the point that they were ready to put all their eggs in its basket. (And they might have benefited if the Middle Belt had gone for PDP in 2015...which did not happen partly because of the security crisis and also because PDP mishandled crises in party branches in many crucial middlebelt states...and also because PDP governors like Suswam of Benue were grossly incompetent).

PDP is still attractive to the SE...largely because four more years of APC means four more years of being locked out of the center (due to the miscalculation of 2015)

See the USA. Most people who voted for Trump don;'t like him at all...but because he talked about satisfying their interests...they voted for him. That's politics.