₦airaland Forum

Blue3k:
Lol as I said before Nigeria's vetting process is theater. Nobody actually background checks or combs your credentials. Imagine Buhari spent months finding and appointing this fraudster.

Blue3k2:
DICON unproductivity is troubling co siding they been around 1964. They should be making more sophisticated weapons after decades of bring in exist but all they do is design light arms. Recently Nigeria bought a cache of ammunition from Europe. If they got rid of security votes and just channeled it towards military and other security forces it be better. Its more efficient than splitting it 100 ways.

Im thinking DICON role should be re-examined. They private sector can manufacture everything from weapons to equipment. They can do PPP to contract work domestically. Proforce and Innoson already do things like armoured vehicles.

It seems like there is nothing the Nigerian public sector can do right.

Blue3k:
The plane specs look decent. One day DICON should be able achieve similar feat.

DDGN FriendNG

Wallahi , it's just now I'm hearing about DICON.

Blue3k:
Monetary policy:

1. Remove multiple exchange rates.
2. letting naira float
3. Get inflation to single digits

Foreign policy:
1. Get ECOWAS to implement Trade Liberalization Scheme

Domestic policy:
1. Implement plea bargaining to help with war on curruption
2. Deregulate pump price
3. Increase tax to GDP to reduce budget deficits
4. Get Free trade zone projects going
5. Liberalize economy by making commerce simple

Why are multiple exchange rates bad ?

Blue3k:
It's not mandatory to brown nose. The ERGP has been a failure. Most of the stated goals haven't even been achieved.

Why do you think the ergp failed ?

dayleke:
Too bad.
Even him too. They are just the same everywhere.
Just too bad.

Baba you would do the same if you were in his shoes.

martineverest:
I get ur point.. but 5billion for 5000MW plant seems too cheap for me...we have spents almost 20 billion dollars (especially during obasanjo era) developing only 6000 MW....that amount of money for mambilla dam is absolutely cheap

It's not that 5 billion dollars seems cheap.its that the 20 billion dollars was spent mostly on corruption.

Ethiopia recently spent 6 billion dollars to make a dam generating 6450 mega watts.

Meanwhile 20 billion dollars could get us merely 1000 me because of corruption.


That's why buhari once talked about probing obasanjo because it's so obvious that the 20 billion dollars was embezzled.

Ugosample:
They have TECH
they have KILLING MACHINES

these two alone is more than whatever we THINK we have in Nigeria /Africa.

It's the small resources that we have that is making him talk like that. oil that is not even enough for only Lagos State.

virgoquin:
Go and make money, hustle my brother once you make money any woman of your choice you can have.. this is the anthem of most young men these days.


una see una life bah,if you like make money and go for the woman of your choice if you are not her choice too she will just use your money as compensation.

Most men these days have extremely low self esteem, their worth is tied to money and when the money dwindles down their wives also disappear too.

I swear to God

LoJ:
What is the cause of this tendency to scam among Nigerians.

If I had not known great Nigerian people, in the like of sarassin or Mizmycoli, or happypagan I would have run away from anything related to Nigeria for life.

90% of all Nigerians I later got in touch with, tried to scam me one way or the other. A few successfully did. Others failed. Most were totally dishonest.

What is the cause of this. I went from Being the greatest supporter of the Nigerian culture, to a disillusioned and disenchanted observer of the country.

Poverty can't be the only reason, as most subsaharian countries are even doing worse than Nigeria.

Thank god for the few men of integrity left in that otherwise great country. I like the Nigerian culture a lot, but I fear some of the people equally much.
I

Which country are you from ?

blackpanda:
You are not dubai and USA. You dont have the economy of dubai and USA. You dont have their wealth, neither do u export anything other than oil. Agriculture accounts for more than 70% of our economy, its not something we should mortgage out ok

You are wrong , agriculture makes up 21.6 percent of our economy.

Kenturkey048:
bros the question is,are we ready to start producing...??its been proven so many times that young nigerians are not ready to go into farming...the unavailability of sustainable working environments in Nigeria is our greatest setback...when bases set,foundation laying becomes juicy ...this would only encourage hike in depended foreign product like rice....me and you no dey chop afada rice,,na imported one we dey chop....even dangote rice,is only packaged in Nigeria...the main stuff is still imported..

66 percent of Nigerias labor force are into farming.So yes , they are more than enough people that are ready to produce.

martineverest:
income per capita of equatorial guinea is about 19k dollars

That's ppp , am talking about nominal.

martineverest:
now u know... their income per capita is almost same with Europeans ....3 times better than that of South Africa

That's not true, only few European countries have per capita s around the 10,000 dollars range.

2metrelaurie:
And I knw 3 Lebanese and 2 chinese men in my neighborhood, that their papers have expired for ages
One of them even tiff my Babe
.........
Meanwhile, I've never heard of anyone deported from Nigeria

Lmao

grandstar:
However, the country is has a lot of strength. The country is still a manufacturing and agriculture powerful. It exports more food than all of Africa combined.

.

Jesus Christ !!!!

Acidosis:
They expect Samsung to open a silicon mining firm in Nigeria, revive Ajaokuta steel firm, launch an iron ore and aluminum industry, revive PHCN etc.. All in the name of manufacturing phones in the damn country.

If global companies reason in that manner, none will survive the first year of business operations.

The way Nigerians reason baffles me a lot. It is clear we don't even have the human resources. So I guess Samsung will end up building new schools in the name of producing phones in the damn country where minimum wage stands at #18,000. Phones that majority can't even afford the screen.


Anyone that picks offence on seeing this glaring facts about Nigeria should have his/her head checked. Let me remind us all that Nigeria has one of the worst power supply/generation in the whole world.

Tecno and Infinix sef never consider manufacturing in the country Best they can do is exactly what they've been doing -- [b]produce the phones in China, ship it down to Nigeria, and get some dancers, print some blue Tecno shirts, get some choreographers and speakers in Ikeja When it comes to hiring dancers, street marketers and disturbing the whole computer village with noise, we are very goo[/b]d!

Lmfao

ChrisOD:
Post your photos of houses in Igbo villages here. No photos of cities, towns or other urban areas please.

Igbos know what we mean by ''village'' (that place you go to in your state of origin every celebration time)

Village houses in Abia State

Beautiful !!!!

grandstar:
The Nigerian poluce force has been ranked second in Africa after that of the DRC. Third place is Kenya

Second worst right

Abagworo:
i live in port harcourt and i've been involved with a un ngo in random puverty ranking based on dollar per day and we came up with nobody.even beggars admitted earning more than 2000 naira per day,you can do your own research in lagos

Really

kenkel:
My first post, happy Sunday all

Yumn

Redberyl:
Lunch is served...

Oh my God !!!!

DaHitler:
Heaven and Hell would have to exist for us to experience it/some similar to it.

Honestly, I feel that everyting is relative. If you are not aware of the existence of people with nicer things, or better jobs than you, you would be content with what you have even if you have barely enough to eat.

I am certain that present day Nigerians have better lives than the the inhabitants of the area 400 years ago. However, they are now comparing their lives with Europeans and Americans, hence the reason they feel they are in some sort of "hell".

This is very very true.

grandstar:
Iran is different.

Iranians are not even Arabs. They speak Farsi and not Arabic.

Iranians are even more related to Germans than to Arabians.

grandstar:
There's a lot of ignorance concerning Iran and Iranians.

Like for example the thought that Iran is war torn like Iraq.

Blue3k:
W[b]hy are there so many weirdo protectionist in this country[/b]. Lol the cinemas owners will certainly take a hit if government does that. The nollywood movie industry has been growing steadily without it. This issues are quality control and piracy from what I can tell. He's been in 200 movies most of them low budget probably.

Ebullience:
President Muhammadu Buhari has unveiled a new power target for the country, following the signing of electricity road map agreement between the Federal Government and German-based Siemens. The signing of the implementation agreement was held at the Presidential Villa, Abuja on Monday.

The Director General of the Bureau of Public Enterprise (BPE), Dr. Alex Okoh signed on behalf of the federal government and the Chief Executive Officer of the Siemens, Mr. Joe Kaeser signed for the firm.

The deal, our correspondent reports, was the product of a meeting President Buhari held with German Chancellor, Angela Merkel on August 31, 2018.

Speaking during the signing of the agreement, the president said the government’s goal was to deliver electricity to Nigerian businesses and homes. The target are in three phases. 7,000 megawatts in 2021, 11,000 in 2023 when the president’s second term will elapse. The final phase has a target of 25,000mw. The president said: “My challenge to Siemens, our partner investors in the Distribution Companies, the Transmission Company of Nigeria and the Electricity Regulator is to work hard to achieve 7,000 megawatts of reliable power supply by 2021 and 11,000 megawatts by 2023 – in phases 1 and 2 respectively. “After these transmission and distribution system bottlenecks have been fixed, we will seek – in the third and final phase – to drive generation capacity and overall grid capacity to 25,000 megawatts.”

He said, with the strong commitment to the development of Mambilla Hydroelectric and the various solar projects under development across the country, the long-term power generation capacity will ensure adequate energy mix and sustainability in the appropriate balance between urban and rural electrification. “Our intention is to ensure that our cooperation is structured under a Government-to-Government framework. No middlemen will be involved, so that we can achieve value for money for Nigerians. We also insist that all products be manufactured to high quality German and European standards and competitively priced.

“This project will not be the solution to all our problems in the power sector. However, I am confident that it has the potential to address a significant amount of the challenges we have faced for decades,” he said. “It is our hope that as the power situation improves, we will improve investor confidence, create jobs, reduce the cost of doing business and encourage more economic growth in Nigeria,” he said.

https://www.dailytrust.com.ng/breaking-buhari-unveils-new-electricity-target-for-2021-2023.html

This should mean the power sector will be deregulated.

grandstar:
Yes we are. However the economy is experiencing what they call a weak recovery. Growth is shambolic 2.5% yearly and will remain the same for the next 3 years should the current policies be maintained.

Things will only pick up when Buhari goes, the architect of many of the bad economic policies that has saddled the economy with disgrace growth rates.

A lost decade.

The wind has blown , fowl nyash have open.

No more economic growth induced by high oil price.

philip0906:
Lagos state spent N72bn, paying 100,433 workers in the state 2016/2017 and generated N436bn same period...The remaining N300bn plus was probably shared with Lagosians and it never got to us or was not enough to fix roads, build a bare face metro system, fix steet lights/traffic lights ...yeye

https://www.dailytrust.com.ng/30-states-generate-n516bn-spend-n1-4trn-on-wages.html

Cc grandstar come and see chumchin

philip0906:
Lagos state generated internally $1 billion dollars in 2018 and has borrowed more than 500 billion naira...So that money cannot fix street lights/traffic lights? or fix potholes? Or cannot even get us a bare face rail system? Or maybe the $1 billion was spent to pay salaries...?

About 80 percent of revenues for states in Nigeria is spent on paying salaries to an over bloated public sector.

1 billion dollars isn't enough.

philip0906:
You have completely side stepped the core of my arguement which is Lagos state generates MORE THAN ENOUGH to have these; functional mass transit system, no potholes on their roads, functional traffic lights/street lights

How much does Cape Town generate? How much does Algiers generate? But these two cities have solid infrastructure that MATCHES their population and dwarfs the nonsense we have here. Or you want to tell me that the revenue that Lagos state generates is not enough to even provide the basic of these amenities that other sane cities enjoy?

Algeria revenue for 41 million people is more than that of Nigeria's revenue for 200 million people.