Wallie's Posts
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playmode: It is always so sad to see so called educated Nigerians go gaga over such news. Let me ask you guys one question ,how hard can be to build a power plant that we need to ask foreign firms to build one for us?Contract and train Nigerians like they’ve been doing over the last several decades with nothing to show for it? How can you keep doing the same thing and expect different results? Even the government knows that help is needed to break the current cycle! 1. Between 1999 and 2007 Nigeria spent $15 billion on power. Can you please show me the result? 2. It is estimated that Nigeria will need about $10 billion yearly to meet the current power needs. Where exactly is the money going to come from? Out of which budget? As it is, the current government is getting rid of the fuel subsidy because it is putting a strain on the economy and you want them to make a $10 billion yearly investment? How much exactly do we earn from oil, yearly? 3. Lastly, I would say “what's more pathetic is seeing people who take overly simplistic views on issues!” |
Kobojunkie: GE will finance a problem of that amount in Nigeria, knowing it is likely it will have no hand in the running of the plants at the end of the day?I merely highlight the fact that running a company and having an equity stake are two different things. The money (financing) will be provided to highly capable/solvent companies with the experience to take on the monumental challenges presented. If I were a betting man, I would bet that you will not see GE Power Generating company in Nigeria. You will probably see the likes of Halliburton & co with GE turbines. But I guess only time will tell! |
I think the $15 billion will be financing offered by GE towards purchasing their power generating turbines. I highly doubt they would be running the power generating plant(s) themselves. American companies are somewhat handicapped in operating in an environment like Nigeria. |
[quote author=pretty_boi]. . I agree with you all the way from the beginning of your post to the very end of it. We are too gullible & never learn in this country. I love the idea of the whole deal,I'm only against the fact that we never learn in this country. Americans & britons don't give a Damn,they know how corrupt the Nigerian system is & they always get soo happy to join in the fun of corruption & as always,we never prosecute them. When are we going to start looking away from America & Britain everytime & connecting with other trustworthy & also efficient people? Your list for instance is also a cool suggestion of countries we could check for partners in terms of power generation & electricity.[/quote]@shymmex and pretty_boi What you guys fail to realize is that businesses are out to make money and ANY business will seek an advantage if the environment allows for it. However, unlike almost every other country, the US actively seeks to punish companies that violate American law. There’s a law (Foreign Corrupt Practices Act (FCPA) of 1977) that makes bribery by businesses illegal even when operating in a foreign land. The following American companies have been charged for foreign corrupt practices in the last few years: -IBM -Halliburton -Tyson foods -General Electric -Alcatel-Lucent -Daimler (Mercedes-Benz) Germany allows bribery either directly or indirectly because foreign bribes paid by German companies are tax deductible. This means that if a German company and an American company are competing for a contract, the German company will likely win because they are free to pay-off the government officials. Show me any other country in the world, including China that prosecutes businesses for what they do abroad. I doubt you would be able to name more than one! |
Educative thread and good luck in executing your endeavor! Someone spoke of food processing and no one responded to it. I actually think that most of Nigeria’s food problems has to do with food preservation. There are two main issues that I see, namely: 1. Transportation – getting the food to where it’s needed in the main cities or states where people will pay top Naira; and 2. Preservation – preserving the food long enough to reach its destination and even remain available past its naturally occurring season. I think that we need more people like you, the educated and exposed, to go into food preservation because it requires technical knowledge unobtainable by most farmers. Also, real money is never made in raw materials in any industry but in the finished product. I would think that our advantage over our father’s generation is the availability of technology that makes us more efficient. In the US, you can pretty much get any fruit or food you want at anytime during the year by simply walking into a store. Can you imagine being able to get agbalumo, cherry mango or any of the other seasonal fruit any time of the year? Or even being able to prolong the lifespan of a fresh produce? The only problem is that it takes research to be able to preserve food while keep bacterias at bay and still maintaining the original taste. This is where someone like you can employ your background to engage the right type of people to develop a solution, even if for only one fruit like mango. Regardless of your decision, good luck! I’m still trying to develop a big enough kohuna to walk away just like you did! |
Very easy to find! How "special" are you? Why should you be chosen to be successful over others like you? Until you're "special" or extremely lucky, I'm afraid that you have no hope of being chosen. Now, if you are not "special" but want to be, find something that you're good at and spend about 30,000 hours on it to become "special" and I promise you that you will be "rich." Even armed robbers that have a long enough life span to enjoy their wealth are extremely good at what they do; otherwise, they would have been roasted like a pig! The choice of what you want to specialize in is up to you but bear in mind that some choices will forever make you look over your shoulders! What’s the point of having money if you cannot spend it happily and/or freely? |
Idrive: I actually see porsche coming to Nigeria as actually a good thing. It"s been a long time coming and there should be more official car companies opening up their showrooms in Nigeria. That said we simply do not have the roads for high performance vehicles like the porsche in Lagos or majority of the country unless you live in certain parts or you really plan your route before taking the car out for a spin. I know thats what i'd do shaWhat's the goal of TopDriver? Are you guys in Nigeria? I'm very interested! |
OzReal: Another poster also said God will judge these people.+1000 People are so daft with all their "God will judge" comments! If given the opportunity today to steal NGN2 billion and face God's judgment, I bet 99% of the people would rather still the NGN2 billion today! Worst case scenario, they would steal the NGN2 billion and later ask God for forgiveness or even build a Church/Mosque! They should keep waiting for judgment day, like God wouldn't judge those that did not steal but committed other sins! Mumus! Suffering never catch una well well! |
The only comparative advantage we have in healthcare is the money doctors who live and work abroad send back home to their families every year. That's it. Doctors based abroad have no reason to invest their brains in Nigeria. Nigerian doctors abroad are trained to work wonders with the best tools that money can buy, but those tools are not available in Nigeria because patients can't afford to pay for them. They are used to earning a lot of money for their work, but they can't earn such money here because patients can't pay for it. If they are lured back to Nigeria en-masse, most of them simply will not prosper here.I would think he's suggesting a "medical pilgrimage" as you put it but the patients will be cared for by diasporan (if that's a word) trained healthcare specialists. Keep in mind that the real comparative advantage that we hold is having skilled practitioners that can be pooled to give service in a relatively cheap environment. In order words, if we bring foreign trained practitioners en masse, we can provide quality care at an affordable rate. However, I doubt it would work except for elective procedures not covered by an insurance company like cosmetic surgery. People with health insurance don’t really care how much is being charged since they’re not paying for it directly. |
I think the prayer is somewhat misdirected! You should be praying for crude oil to run dry. Nigeria's problem became seriously exacerbated with the advent of crude oil (free money). |
@Pawa774 1. How many people have you employed and at what location? 2. Where do you plan to house the potential employees that paid the 3k fee? 3. Is the company funded to deploy any solution, and if so, where? Or is the funding going to be provided by the 3k fee? ![]() 4. Why is your HR head a contractor and not a permanent employee? I understand that there's nothing inherently wrong in using contractors but the HR position seemed more like a permanent post to me. 5. Do you have any permanent employee? If so, where and how many? |
Interesting! 1. Why train people before you hire them? Isn't it the other way around? 2. Does your company exist solely to train people? 3. If the value of the NGN3k fee is in the "free" training, why not just say that upfront? Why make it appear that they are applying for a position in your company? 4. What makes you think that the training you're giving is adequate for any company willing to hire your graduates? 5. Did I just read that you will hire 1 million people in 5 years? To do what? How are they going to be paid? There's no denying that people will need to be trained to get a job in the power sector whenever it comes online but the training will be provided by the company doing the hiring for FREE after offer/job acceptance! |
jjgirljay:What year is your Miata? Miatas make a great affordable track car because of their low weight, high rev engine, reliability and balanced chassis but seeing a straight guy drive a Miata get as e be! The old ones are such in demand that their prices skyrocketed! Great little rear wheel drive car. |
Jarus: |
It's crazy how the young drops dead in Nigeria and rich people do not seem immune! What makes it worse is that autopsy is rarely performed and the cause of death forever remains a mystery. The healthcare system needs to be revived! RIP! |
Some of you are taking the responses too seriously! Some students simply give comedic answers to questions they don't know the answers to because there's no repercussion for doing so. Kids are the only ones that give answers like that unknowingly. |
@daguru either watches too much TV or he's a script writer for the sitcoms and soap operas! Why leave off the story when you're getting to the good part? He wants you all to tune in tomorrow at the same time! ![]() |
No parent should ever force his/her child into a career path that the child doesn’t want but there’s absolutely nothing wrong for a parent to guide the child while making sure that the child lives up to his/her potential. There’s nothing worse than seeing people piss away their potential! There are so many brilliant people in this world that would never be successful either through their own doing or circumstances beyond their control. Have you ever ran into a very brilliant old friend from high school and wondered what happened to him/her? Some kids need help determining what they want to do with their lives. If a parent thinks that his child has what it takes to study medicine, then there’s nothing wrong in encouraging the child to do so unless the child has no desire to study medicine. Not everybody is cut out to be a doctor, lawyer, or engineer. But whatever you decide to do with your life, be the best there is! |
bebrief:Only the first sentence of what you said is correct. Everything else is either wrong or playing with death. |
icemann:See the post below. Wallie:With regards to traction, I don't think that would change except as it relates to your tire and suspension choice, and to the extent you need an alignment. If you have too much negative or positive camber, you might not have enough tire ground contact. The braking will also change as your car will pitch, roll and dip more when you step on the brakes but going with a suspension kit instead of just springs can solve that. I guess I also left out changes to the suspension geometry. With a lift, you will probably need to re-align the wheels to get the right camber, caster and toe. |
MIMO Systems - Multiple-Input and Multiple-Output antennas at both the transmitter and receiver to improve communication performance over a channel. Trying to understand exactly how it works and how the spectral efficiency during channel coding can be improved upon. |
[quote author=baby-boy link=topic=772013.msg10211370#msg10211370 date=1329417470]I dont know what your talking about but nothing was wrong with my suspension and where I bought wheels (Ripspeed) they told me that to have a better feel of the car most especially on the motorway I would have to lower the car and they ordered me a set of sport springs! when I said drifting I dont really mean drift as in sliding through corners but because the height of the car the faster I go the more it seems like its swerving because of the air flowing under the car, a week later I took my car back and they put on the new springs which lowered the height of the car. Now a friend of mine bought a brand new Mercedes C200 from Mercedes back in 2003 which came with a 15inc rims and one of the upgrades he wanted was the wheels to C 32 AMG which were 18inc rims which he paid an extra 400 pounds (plus VAT) and they told him that he would have to drop the height of the car a little just for his safety but they told him that they don't do modification so he took it to a specialist.[/quote]They recommended that you and your friend drop the car because the new wheel increased the overall tire size. Whenever you change your wheel size, you also have to change your tire sidewall size to keep the overall wheel + tire size almost the same; otherwise, the car will be higher and your speedometer will be off. Here an example: Assuming your BMW 320i came with tire size 195/65-14 To get the overall size, you have to perform the following calculation: ((Width/25.4) x Sidewall Percentage)x2 ((195/25.4) X 65%) X 2) = 9.9 inches Overall size = 9.9 + 14 rim = 23.9 inches If you upgrade the wheel size to 17 inches without changing the tire diameter For example 195/65-17 Then your overall size will change drastically ((195/25.4)X 65%) X 2) = 9.9 Overall size = 9.9+17 = 26.9 inches Dropping the car in this scenario will try to counter the extra 3 inches in height that you gained by upgrading the wheel. By the way, a proper tire size would have been something like 225/45-17 if it would fit and your ride height would have even dropped a couple of inches. |
[quote author=Somorin#1 link=topic=772013.msg10210728#msg10210728 date=1329412526]Loads of opinions on this thread, which is a very good one by the way. To OP, the answer depends on what vehicle we are talking about and to what level you are going to go with your modifications. One caveat, with suspension, one thing affects the other as they are infinitely related. So say you add tires with a bigger circumference as is common in Nigeria, then you've affected the designed sprung weight of the car, many nasty things can occur at speed when the wheels start oscillating up and down since the shocks might not be able to deal with the extra weight of the now bigger tires. CAR: Most cars, except for a relative few like the Audi All Road, are not conducive to being raised. Pick Up Trucks: Most pick up trucks, especially those with solid axles can easily be raised with a combination of body and suspension lifts. I had a Toyota Pick Up Truck , that I installed a 6 inch body lift, 6 inch suspension lift and the new tires also gave it an additional 4 inches of lift. Did I affect the center of gravity? Loads! Did I once felt unsafe while driving it? Absolutely not! So what car are you thinking of raising? PS: I smile when I see a lot of people with their new fancy cars in Nigeria and wonder how they manage to get around unless they plan their trips carefully.[/quote]+1 I think you meant unsprung weight i.e, weight not supported by the suspension (brakes, tires, wheels, suspension). |
campella:Get an adjustable coilover kit and it will allow you to change the following: - Compression/Rebound adjustable - Adjustable spring perch for height adjustment - Adjustable body allowing maximum suspension travel This will negate the effects of raising your car but it costs between $500- $2k. |
[quote author=baby-boy link=topic=772013.msg10209619#msg10209619 date=1329405753]Sienna is right, When I had my 320i and I changed the rims to 17inch Momo rims, I felt like I was driving an SUV and on the motorway, at times you could feel the rear drifting and the car was bouncing about, I had to changed the suspension system to a sport one which lowered the car, and the handling was much more better,[/quote]Your situation is somewhat different and probably happened due to a combination of any of the factors listed below: 1. you increased the overall diameter of the wheel + tire when compared to OEM 2. your tire thread design is prone to drifting 3. you need new suspension especially dampers 4. you increased the weight of the tire/wheel combination which made your OEM suspension show its age 5. you needed an alignment which you probably got when you replaced the suspension |
In addition, if you have a little bit of money to play with, you can get an air lift suspension for about $2k. It allows you to lift of drop your car at will. Some sports cars like the Porsche 997 GT3 now comes with the option of a lift kit so that you can raise the nose of the car when going over a steep incline like a speed bump or garage entrance. |
Well Siena is right but the answer is not as straight forward as he pointed out! It all depends on what your goal is. Are you going to change the handling characteristics of the car when you raise it? Sure. But does that mean it will become unsafe? It depends. You can always counter whatever effect your changes made to the car. For an off-road vehicle, you have no choice but to raise the ride height. If done properly, the car will only become more dangerous in extreme situations. To do it properly, you might need to widen its track, change out the suspension, and/or change the tire size/width. Also, just because something is OEM does not mean that it is the best. Car manufacturers have to make a lot of compromises based on price, intended usage, warranty, parts availability, weight, ease of replacement, etc. But you can be rest assured that when an OEM part has been tested to work with other parts in your car. There are certain things that I’m 100% certain are not the best for an economic car. For example, brakes, tires, wheels, and suspension can certainly be improved upon. The bottom line is that when you change out parts of your car to non-OEM spec parts, you are changing the characteristics of the car for better or worse. More is not always better when it comes to cars because it is a system. |
faithin9ja: faithin9ja:+1 I had a very rich uncle that retired as an MD of one of Nigeria's great institutions during the Abacha era and he deposited his money in one of the new generation banks back then. He lost everything! Every single kobo! Can you imagine working hard all your life saving every little kobo for retirement only for the bank to go out of business after retirement? Where do you start from? If that was me, I would have spent my last breath going after every single management of that bank! |
perryy:Have you taken the test? Is this what you say to comfort yourself? Which debate are you referring to? Is it the one in which one prominent person made an unfounded claim based on his hunch only to have his hunch consistently debunked by the scientific community? Or are you referring to those who refused to take HIV medication and end up dying of AIDS related illnesses? Regardless of your believe, if you have it, you will end up dying very soon unless you’re one of the 1% long term nonprogressors and even then, you have about 10 years before you die! However, if you start taking your Highly Active Antiretroviral Therapy (HAART) drug, you might live past another 20 years! The choice is yours. If you don’t have it, good for you and strap up! |
The money is only useful to those with orders to fulfill. Giving the money to someone who intends to buy and sell is very risky unless they have a reliable buyer(s). One year is too short a duration to pay back the principal and interest if the entrepreneur does not have an established reliable buyer. All the boasting in this page will soon turn to into story when it comes time to pay up! |
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. For God-sake, God will not judge these people until the afterlife; in fact, the continuous gang-raping of the treasury by these gangsters and bandits is sending more of the common men on the street to early judgement 
