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Wallie's Posts

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CareerRe: Can You Describe Your Job? by Wallie(m): 5:37pm On Feb 01, 2012
yamakuza:
^ Nice to see you made the cross over.

Do you miss Systems Programming?

Anyone else changed careers since they made their initial post?
Thanks but I still miss the satisfaction that comes from seeing your engineering solution in a product.
PoliticsRe: This Is Why I Love White People. by Wallie(m): 5:23pm On Feb 01, 2012
I do agree that Nigerians don't typically engage in anything "fun." Some of it might have to do with not having free time but I think that it is mostly because of lack of exposure when young. None of my Nigerian friends are into anything that can be considered remotely fun except occasionally playing soccer. Watching soccer or any other sport is about as fun as watching the News.

Things I currently do:
[list]
[li]Mountain biking (singletrack)[/li]
[li]Car racing on the track[/li]
[li]Mixed Martial Arts (MMA) - full contact fighting with any style (boxing, wrestling, Brazilian jiu-jitsu, muay Thai, kickboxing, taekwondo, karate, judo, and whatever else you know)[/li]
[/list]

Things I want to do in the near future:
[list]
[li] Triathlon (750 m swim, 20 km bike, 5 km run) but the swimming part get as e be. If my swimming improves significantly before summer then I might start training for it. Running out of talent or strength in the middle of a river with no lifeguard would suck grin In triathlons, you swim, bike and run without taking a break and your overall time determines where you place.[/li]
[li] Mountain bike racing[/li]
[li] Wheel-to-wheel car racing[/li]
[li] Build an Unmanned Aerial Vehicle (UAV) – the RC planes in the OP are not autonomous and are cool only because the frame of the plane has an unusual profile (human form).
[/li]

[/list]

Things I want to do before I die (bucket list):
[list]
[li] Actually having 1 or 2 amateur MMA fights. I’ve always wondered how strong and skilled I truly am. Having a real fight against another strong and skilled fighter is an objective measure. There’s nothing like going one-on-one with someone that’s trying to take your head off and coming out victorious or getting your ego crushed with a trip to the emergency room grin[/li]
[li] Sky diving[/li]
[/list]
CareerRe: Can You Describe Your Job? by Wallie(m): 3:40pm On Feb 01, 2012
I'm a Patent Attorney with a background in electrical engineering and I represent clients with intellectual property. If you need help with writing, licensing, prosecuting, and analyzing patents, trademarks and copyrights in the US, look me up.

I deal with patents involving electronics, touch pads, LCDs, LEDs, computer algorithm modules, protocols, semiconductor devices and structures, communication devices, transmitters, receivers, phase interpolators, coding schemes, system designs, medical devices, mechanical devices etc

I can pretty much prosecute everything except chemical and biological arts.
PoliticsRe: Wife Of The New Igp Has Passed Away by Wallie(m): 9:26pm On Jan 30, 2012
Am I the only one that clicked on the link to see that she has been battling [b]cancer [/b]for a while?
TV/MoviesRe: Nigerians Are Cowards (Half Of A Yellow Sun Casting) by Wallie(m): 9:17pm On Jan 30, 2012
I don’t know if this has been said already but a major factor in determining who to cast has to do with market appeal. For movies to appeal to your average American or British crowds, it has to have a household name. Having a known name gives you instant credibility which is why A-list actors are paid obscene amount of money. The bottom line is that your name has to draw people into the theaters.

One is always free to vote with his or her wallet. If you don’t like the casting or how certain events are portrayed, do not watch the movie or better yet, pay your own director of choice to cast the movie the way you envisioned it. You cannot tell people how best to spend their money.
GamingRe: Is There Any Car Race Better Than Need For Speed? by Wallie(m): 9:11pm On Jan 27, 2012
What most people that commented are not saying is which version of the games they played. Some versions of some games sucked.

For example:
Need for Speed: The Run (Not good)
Need for Speed: Undercover (Not good)
Need for Speed Hot Pursuit (Very good)
GamingRe: Is There Any Car Race Better Than Need For Speed? by Wallie(m): 8:41pm On Jan 27, 2012
The 15 Best Racing Games
Feeling the need for speed? Forza Motorsport 4, Mario Kart Wii​, and iOS standout Real Racing 2 HD cross the finish line in our list of the best racing games on the track right now.

1 | Forza Motorsport 4
2 | Burnout Paradise
3 | Gran Turismo 5
4 | Need for Speed: Hot Pursuit
5 | Mario Kart Wii
6 | Dirt 3
7 | Blur
8 | Pure
9 | Real Racing 2 HD
10 | Hydro Thunder Hurricane
11 | WipEout HD
12 | ModNation Racers
13 | F1 2011
14 | Motorstorm
15 | Need For Speed: Shift 2

http://www.pcworld.com/article/243707/the_15_best_racing_games.html
PoliticsRe: I Did My Best - Former IGP Hafiz Ringim by Wallie(m): 4:19pm On Jan 27, 2012
jp philips:
only if Ringim knew that eradication of corruption in the police force will have a chain reaction in sanitizing this nation.

only if you knew that setting up an ordinary website where people can post evidence of police malfeasance will quickly eliminate the bad eggs while you are left with people that will make you proud.

only if you knew that the website can be monitored in the comfort of your office while a disciplinary committee headed by you will sanitize the force in less than one year.

if the Carnage in jos, bauchi, minna, sokoto and maiduguri is what you refer to as your best, then you are not worthy to be a herd's man let alone a cop.

i wish you Nightmares of Ghosts from people that lost their lives under your watch as police boss, may your ears be filled with cries of Agony from people whose properties and sources of lively hood were destroyed under your watch.

Your[b] BEST[/b] indeed.
If he knew all that then he wouldn't be your average Nigerian Police boss! Who makes up most of the rank and file of the police force; the crème of the crop or rejects that couldn’t cut it anywhere else? People with half a brain migrate into the oil sector, banking sector, telecom sector, and maybe even the military. As if the pickings are not slim enough, we then throw nepotism or quotas into the mix!
PoliticsRe: I Did My Best - Former IGP Hafiz Ringim by Wallie(m): 3:32pm On Jan 27, 2012
This is exactly what happens when people are appointed to positions above their pay grade! As good as being the CEO of a company sounds, not everybody is cut out for it. Nigeria is in her current state because our leaders are not appointed based on merit but based on political connections and nepotism.

I absolutely do not blame him and actually absolve him of his shortcomings because he did his best and that’s all one could ask for. I blame the system/process that got him there in the first place.

If you choose your soccer team that is going to represent you at the World Cup from your list of friends that play pickup soccer with you every Saturday instead of a list of promising professional players, do you really think that you have a chance of winning? You should expect not to score a single goal in the entire tournament.

What the hell do people expect? You're waiting for luck, magic or miracle, abi? Leave the guy alone, he did his best! Blame the coach or committee that put him on the team!
CareerRe: Chemical & Process Engineers Forum by Wallie(m): 5:28pm On Jan 25, 2012
Hello all,

I started a thread to gather more information about Nigeria's LNG production which seems to be your domain. Your contribution is appreciated!

https://www.nairaland.com/nigeria/topic-855075.0.html#msg10046220
BusinessLocal Consumption Of Lng (liquefied Natural Gas) by Wallie(op): 5:25pm On Jan 25, 2012
The goal of this thread is to try to collate information on Nigeria’s LNG sector. I find it disheartening that we produce about 10% of the world’s LNG consumption but consume little to no LNG locally. Natural gas can be used for almost anything that requires fuel (petrol, diesel, or kerosene).

I’m hoping that people with insider knowledge can shed more light on the issues/challenges/opportunities within the industry.

Can you shed more light on the following or any other relevant topic?
[list]
[li]Enabling Law - is the sector deregulated[/li]
[li]Exploration – are the licenses different from oil exploration?[/li]
[li]Extraction - do we actively drill for gas or we only collect the gas associated with drilling for oil?[/li]
[li]Production – Nigeria LNG primarily operates to produce and export LNG and NGL and there are 6 liquefaction plants. How are they getting the raw natural gas from the wells?[/li]
[li]Transportation – Bonny Gas Transport provides shipping for Nigeria LNG but how’s the product getting to them? Are there interstate and intrastate pipes?[/li]
[li]Storage[/li]
[li]Distribution – this is the big one and I doubt that a network exists.[/li]
[li]Marketing[/li]
[/list]
PoliticsRe: Who Is Your Best Nigeria President Ever? by Wallie(m): 11:09pm On Jan 23, 2012
Only presidents? Then it is OBJ.

But if you include VPs, then it is Idiagbon. I withnessed the whole Buhari era and to me, Idiagbon seemed like the actual president. It seemed like Buhari was just a ceremonial president and Idiagbon did the actual ruling. Who remembered War Against Indiscipline?
PoliticsRe: Acn Condemns Plan To Handmaritime Security To Private Firm by Wallie(m): 10:50pm On Jan 23, 2012
mpmp:
And when a disagreement happens between the ACN and this warlard, he and his boys will soon become terrorists again?
Have you not been watching the US govt? The definition of terrorism depends on whether you're friend or foe.  grin Also, one man's terrorist is just another man's freedom fighter!

The definition of terrorism should depend on whether you kill innocent people to achieve your goals or not! To me, your cause is irrelevant as long as you kill innocent people!
PoliticsRe: Acn Condemns Plan To Handmaritime Security To Private Firm by Wallie(m): 10:43pm On Jan 23, 2012
DaLover:
yes definately, there are pros and cons, but i still believe the pros of privatisation far out weigh the cons, like you said, loose regulations lead to wall street issues we experienced, but the solution was tighter regulation, not the government running wall street, yes govt can step in to intervane temporarily like the bank bail outs in the usa, but never run it, regulations can range from very tight to very loose and in between, sometimes failure of government to implement or rationalise policies lead to failures as in the cement case u mentioned, but what should actually come out of this is a policy to create more competition or invertment in the sector, govt involving themselves parmanently in buisness is very bad for business, nigeria is the number one example,
People feel that govt must be involved in the oil sector otherwise heaven will fall, thereby denying the landowners blessed with this resource, tghe opportunity to to be the primary benefiriaries of this resource, govt has proceeded to run it under the guise of serving all, providing avenues for rent seekers and tribal goons to seclude the economic of the oil sector to themselves, and when we complain about this primary source of corruption in this country, we r labeled tribalist, thay prefer we keep quite and let them have their way,
The biggest problem with privatization in Nigeria is that one of the most important premises for privatization to work assumes a level playing field for all the participants and that the best company will be chosen. Essentially, privatization relies on competition to work.

About the only privatized industry that provided a level playing field during the bidding process was the telecom industry. Nothing (ok, almost nothing) was done in the dark. You lay out the rules in the dailies and give people the opportunity to fairly participate. Then you enforce the rules!

In Nigeria, you know of most things being privatized when the “winner” is announced! The next question should then be how and when the “winner” was chosen. How do we know that the government is getting the right value for the privatized company? How do we know that the chosen company can run the company better than the government? What happens when the company fails?

In an open economy, when a company fails there are gazillions of other companies waiting in the wings that will take up the slack.

Thankfully, the Power sector and the recently introduced Mobile Money seemed to be toting the right path!

I have no problem with most of the sectors being privatized if the bidding process was done in the open except for security. Certain things are just too important to leave in the hands of people that might have an ulterior motive, an ulterior motive that cannot be easily rectified once detected.

But that’s just the problem; it seems everyone in Nigeria today has an agenda! I tire for una!
PoliticsRe: Is The President Working For The C.i.a To Destroy Nigeria? by Wallie(m): 10:18pm On Jan 23, 2012
@diluminati

Kinda hard believing someone with an Illuminati moniker. grin

Hey, what does that Rockefeller sign that Jay-Z does with his hands stand for again? I can bet that the CIA is already following you right now and they must have bugged your house and car! Do you know that they now have the power to read people mind?

They also use aliens in human form for their evil deeds. You must have seen the movie Men In Black by Will Smith? How do you know that your boss or neighbor is not an alien or body-snatcher using people you once knew as a vessel to keep tabs on you? shocked
PoliticsRe: Acn Condemns Plan To Handmaritime Security To Private Firm by Wallie(m): 9:44pm On Jan 23, 2012
DaLover:
govt getting out of business does not mean throwing hands up in the air and allowing private enterpreneurs to freestyle, far from it,
It means concentrating on the governments primary function of regulating and policy making, govt does not need to run universities to set standaards and enforce them, or hospitals or refineries or pipelines, just use the relegulatory agencies, some examples are ncc in communication sector, NCAA in aviation sector,

this way govt can achieve the following
1 create a level playing field,
2 create a competitive envronment
3 cut down waste from inefficiently run businesses
4 stop trying to enforce laws on itself (imagin dpr demanding that spdc-nnpc JV pay fines for gas flaring), senseless self penilasation
5 possess the moral right and latitude to demand standards by players in the sector, imagin a state govt that runs ram shakle hospitals and schools, turning around to insist that a private enterpreneur must maintain international standards in his school or whatever,
6 deliver much needed services, imagin private investors running nepa, every powwer failure means no revenues, hence he will strive to ensure you get power
7 govt revenues only comes from taxes, very important, because a govt that generates revenues outside its people tax base is not answerable to those people
the list can go on and on


with regards to welfare, you must know that there are conditions that determine a govts ability to provide welfare,
1 it is never free for all, no matter how rich a country is,
2 production is encouraged, not consumption
3 it is targeted, and those who feel they need it, must justify it on a regular basis
4 the state, local, of federal govenment must be able to aford it without running into deficit, i.e after spending money running the various services a government should provide, the left over funds should be used for welfare, not the other way round, you do not give welfare first and then use the remaineder to run govt services, govt services are to stimulate the economy for growth, meaning more taxes, meaning more ability to provide welfare, but when we decide to all be f00lisish in nigeria because of the presidents meal alloance we loose the plot,
Generally speaking, I do agree with your post and my position is essentially the same (the specifics might differ somewhat).

I might have come off as someone against privatization but that’s far from the truth; I’m an ardent believer in PPP but I also understand that there are limits to its effectiveness. I support privatization of PHCN and deregulating the downstream sector. I even support removal of fuel subsidy until I read about the massive fraud perpetuated on Nigerians.

I truly understand that there’s an argument to be made for a smaller government kinda like the arguments being made currently by the Republican Party in the US. And the US is even a country where the government functions unlike Nigeria.

But when you completely hands-off important sectors of your economy, it will result in the current housing fiasco caused by loosely-regulated Wall Street’s issuance of unregulated mortgage backed securities. Without regulating privatized companies, people won’t play by rules and would likely collude with each other to rip the country off.

Not to point fingers, what happened to the cement industry? If privatization has no cons, then the prize of cement should have hit rock bottom!

Hardly anything in life is black or white, and there are pros and cons to each and every position. Equilibrium is only achieved when there’s balance. Too much privatization is just as bad as little or no privatization. The government is there to balance competing interests a little in favor of the masses.
PoliticsRe: Gunmen Attack Ex-militant Country Home In Bayelsa by Wallie(m): 8:51pm On Jan 23, 2012
It could be Boko Haram but I doubt it as the creek was involved because that would mean that they’re comfortable navigating the water and also comfortable in the water! Hausa people that predominately live on desert attacking on water? Next to impossible!

It is more likely to be business gone bad, flexing of muscle to establish dominance, or thieves trying to steal his money.
PoliticsRe: Acn Condemns Plan To Handmaritime Security To Private Firm by Wallie(m): 8:39pm On Jan 23, 2012
DaLover:
its understandable for SWerners to attack the president on this, they are known to use govt agencies to perpetuate economic dominance, the use of ex militant or what ever may be seen as a strategy for others who would not stand a chance if a govt agency is used,
But the bigger question is how do we stop this merry go round pattern?
1 resource control
2 deregulate and get govt out of business

if i called you an idiotic cocoa farmer what would that imply, were your brains siezed at the american airport?
You've asked one of the most important questions! Also, the government cannot just simply get out of business! Who is going to cater to the welfare of the poor, weak, and defenseless? Private companies are out to look out for their own interest and they exist to make money.

Even in the US, not everything is privatized! Electricity is privatized but the government has a regulating agency that controls rate hikes. The petroleum sector is privatized, but petrol stations are constantly investigated and prosecuted for prize gouging. Owners of tolled roads cannot just decide to raise the toll rates.

About the only thing security related that is privatized are some of the prison systems under state control. You should never heavily arm private citizens because they might turn into a militia and rise up against you one day!
PoliticsRe: Acn Condemns Plan To Handmaritime Security To Private Firm by Wallie(m): 8:18pm On Jan 23, 2012
It was predicted that if Nigeria is not careful, Nigeria will break up by 2015. I never really believed it but it is starting to make sense because 2015 is an election year and whoever assumes the presidency will be taking the entire prize!

[list]
[li]The Igbos want a shot at the presidency but the Yorubas and the Hausas think that it is their turn.[/li]
[li]BH wants to Islamatize Nigeria (or is it just the North?).[/li]
[li]Most regions are canvassing for resource control, which is not a bad thing but conflicts with other people’s interest.[/li]
[li]Mend, OPC and other groups are armed to the teeth.[/li]
[li]If the border becomes more porous, NASS might as well change the constitution to allow every citizen to own a firearm because everyone and their mama WILL own one.[/li]
[/list]

For anyone considering running for any political office, you will need:
1. Private security
2. At least a Level 3 armored vehicle (you need to be able to withstand a 50 cal.).
3. Level 3 bullet proof vest.
4. A safe room in your house that can withstand an hour of assault before your security team arrives
5. Fully executed Will so that your family members won’t fight over your property when you’re gone!
PoliticsRe: Acn Condemns Plan To Handmaritime Security To Private Firm by Wallie(m): 7:49pm On Jan 23, 2012
Are private companies allowed to own small and heavy weapons? Can one set up a private security firm that protects people and property?

With regards to the OP:
[list]
[li]Ceding over complete control of your border to any company or person is short-sighted. If you set the precedent now, the next president will probably void the contract and then install his own friends but probably won’t stop there! Why shouldn’t the next president privatize the EFCC, judiciary, and military? By so doing, he can be rest assured to be the most powerful person in Nigeria for the foreseeable future.[/li]
[li]If anything, states should be allowed to control their own police force. If the federal government is worried about politicians hijacking state-controlled police force, can’t the same politicians hijack a privately owned maritime security firm? I would even surmise that it is far easier to hijack a privately owned entity than a state owned entity.[/li]
[li]Privatization sounds good on paper but is not always the answer to every problem. There are certain things that, even though better managed privatized, still needs to be controlled by the government.
[/li]
[/list]
WebmastersRe: Dreamhost Hacked, Mass Password-reset Issued by Wallie(m): 3:43pm On Jan 23, 2012
Slyr0x:
According to a blog post at DreamHost Status Blog, the company has detected a security breach at one of their database servers.

In a response to the attack, the company has decided to issue a mass password-reset on all of its customers.

Apparently, the breach occured in November via theone-click install wizard offered by Dreamhost: One click and your wholeWordpress / Drupal web site is installed, ready to use, automatically updatedby the wizard. Apparently, it’s the wizard itself that was compromised andanybody who used it was affected.

DreamHost CEO issued the following statement:

“our systems have stored and used encrypted passwords for a number of years, however the hacker found a legacy pool of unencrypted FTP/shell passwords in a database table that we had not previously deleted. We’ve now confirmed that there are no more legacy unencrypted passwords in our systems. And we’re investigating further measures to ensure security of passwords including when a customer requests their password by email (this was not the issue here, though).”

Next to shell and FTP passwords, the company is advising its customers to change email passwords as well.

There are not reports of mass abuse of the stolen accounting data so far.


http://packetstormsecurity.org/news/view/20486/DreamHost-Hacked-Mass-Password-Reset-Issued.html
To think that I was only notified 2 days ago! The hackers had almost 3 months to go to town!
PoliticsRe: Controversy Over Move By U.S. to Label Boko Haram A Terrorist Group. by Wallie(m): 3:37pm On Jan 23, 2012
It is extremely clear from the current activities of Boko haram that Nigeria’s security apparatus lacks the human intelligence and technological means of gathering the necessary information to deal with threats posed.

A bombing of the magnitude conducted in Kano and Bauchi should not have occurred without the intelligence agencies having fore-knowledge that something is about to occur! There is no way that 50+ active participants, and more than 10s of inactive participants, should have been able to plan and execute the bombing with the security agencies being in total darkness!

You need organizational know-how, money and human resources to pull off such an attack. People of “interest” would have traveled, gathered, and/or communicated using cell phone, email or mules.

The only silver lining that I see in all of this is that Nigeria will have no choice but to develop her technological capabilities!
PhonesRe: Blackberry Maker RIM CEOs Mike Lazaridis And Jim Balsillie Resigns by Wallie(m): 2:58pm On Jan 23, 2012
Laajman:
About time, these guys took their eyes off the ball.
Apple, Samsung and the Android folks have blown past them big time. RIM's share of the US market is down to about 6%.
On the upside, RIM continues to grow in emerging economies like Nigeria and Singapore (not sure, some country where there was a stampede for blackberries recently).

But the RPU of these markets don't compare to the US market.

Isn't it interesting how CEOs of multinationals in advanced economies are expats?
The new RIM CEO is German. Similarly, Nokia's CEO is Canadian.

Where would be RIM be in 3 years? Thoughts, anyone?
1. Dropping QNX for either Windows or Android.
2. Being acquired by Amazon, Facebook or Samsung.
PoliticsRe: “why We Did Not Kill Obasanjo” – Boko Haram Leader by Wallie(m): 2:45pm On Jan 23, 2012
You should never negotiate with terrorists especially if they’re not going to fully disarm! Paying off non-state actors with guns is only postponing your day of reckoning! If anything, the goal should have been to re-integrate the fringe elements back into the society so that they can function like normal human beings.
PhonesRe: Blackberry Maker RIM CEOs Mike Lazaridis And Jim Balsillie Resigns by Wallie(m): 2:23pm On Jan 23, 2012
Can’t believe that they survived this long! How can such a company that re-invigorated or should I say invented the smart phone get it so wrong in the end? They remind me of exactly what happened to Palm devices. Innovate or die!
PoliticsRe: How Can We End Corruption In Nigeria: From Top To Bottom, Or Bottom To Top? by Wallie(m): 8:43pm On Jan 20, 2012
The cleansing needs to start from the judiciary! Even if the police, Army, SSS, customs, and EFCC carry out their respective duties, they still need to charge the accused to court.

But what happens when a corrupt judge hinders prosecution or aids the accused illegally?

[list]
[li]People that threaten Nigeria's national security are being released on bail (BH suspects)[/li]
[li]Judges are issuing injunctions to stop prosecution of an accused[/li]
[li]People are forum shopping to get a better outcome[/li]
[li]Judges are handing out punishments to corrupts officials that amounts to less than a slap on the wrist[/li]
[li]Rich people are buying judgments with stolen funds etc[/li]
[/list]

The judiciary holds the required card to make Nigeria better! They need to be reformed!
PoliticsRe: Sanusi, El-rufai And Ribadu Compared! by Wallie(m): 3:16pm On Jan 20, 2012
I will deviate from the question the OP asked because I don’t really know that much about El-rufai except for the demolition that took place in Abuja. However, based on that result alone, he seems result driven.

If I possess supernatural strength, the 2015 cabinet will look as listed below. The list is strictly based on past performance. The people below were chosen because they are detailed oriented, results driven, and most importantly, possess common sense to govern.

[list]
[li]President – Fashola or Sanusi[/li]
[li]Vice President - Fashola or Sanusi[/li]
[li]Prime Minister (the precedent has been set grin ) – El-rufai [/li]
[li]EFCC/NNPC/PPPRA – Ribadu (his strength lies in policing, being tenacious and incorruptible)[/li]
[li]Health Ministry – Dora Akuyili (she performed wonderfully against fake drug manufacturers)[/li]
[li]Power - Too early to judge the current minister of power but he’s looking great so far.[/li]
[li]Minister of Justice - huh[/li]
[/list]

I like Buhari because he seems very sincere and incorruptible but I think that we have a new set of leaders without the baggage of the past that also possess the same qualities.
PoliticsRe: Okonjo-iweala Testifies Before Subsidy Probe Committee - Live by Wallie(m): 2:52pm On Jan 19, 2012
@Beaf

1. GEJ recognized corruption with fuel subsidy and realized that the current rate of payments were unsustainable.
2. Instead of fighting corruption head-on, he attempted to resolve it the issue on peoples’ back. Very bad!
3. His removal of subsidy was premature and there’s no proof that the subsidy payments of yester-year cannot be sustained if corruption is stamped out.

Lastly, your argument for backing GEJ’s subsidy removal is really weak! A better argument would have been that Nigeria, just before the subsidy removal, lacked the appetite to support the fiery investigation and anger needed to bring the corrupt officials to book.

I’m glad that GEJ went about the subsidy removal as he did because I think that he kindled the anger and resolve Nigerians needed to demand a functioning government.
EducationRe: Privatize Public Schools And Distribute Their Shares To The Masses by Wallie(m): 11:24pm On Jan 13, 2012
Also, one of the quintessential things taxes are used for is to fund public schools. In the States, you can only attend public schools in the county/city (local government) you live in. Every local government gets some money from the state to fund public schools but majority of the funding comes from extra taxes paid by each local government resident by way of property taxes. Some areas pay over a $1000 per month in property taxes. The taxes are determined based on county-accessed value and the size of your house. The tax rate varies highly from county to county.

This means that people who invest more money in education (read: pay higher taxes) will typically have better schools because they can afford to pay the best teachers and buy the most modern equipment. As a result, people with school age kids shop around for the county/local government area to live in, which also means that demand for houses in that area will increase.

In the US, if you want your kids to go to a good school, you will have to buy or rent a house in a relatively expensive area so that you can send them to a public school or buy a house in a cheaper area and send them to a private school.
EducationRe: Privatize Public Schools And Distribute Their Shares To The Masses by Wallie(m): 11:02pm On Jan 13, 2012
You don’t want to completely "privatize" schools. What you want to do is to make it a non-profit partnership between private entities and the government.

What you want are Charter Schools

Charter schools are primary or secondary schools that receive public money (and like other schools, may also receive private donations) but are not subject to some of the rules, regulations, and statutes that apply to other public schools in exchange for some type of accountability for producing certain results, which are set forth in each school's charter.[1] Charter schools are opened and attended by choice.[2] While charter schools provide an alternative to other public schools, they are part of the public education system and are not allowed to charge tuition. Where enrollment in a charter school is oversubscribed, admission is frequently allocated by lottery-based admissions systems. However, the lottery is open to all students. [3] In a 2008 survey of charter schools, 59% of the schools reported that they had a waiting list, averaging 198 students.[4] Some charter schools provide a curriculum that specializes in a certain field — e.g., arts, mathematics, or vocational training. Others attempt to provide a better and more efficient general education than nearby public schools. Charter school students take state-mandated exams. [5]

Some charter schools are founded by teachers, parents, or activists who feel restricted by traditional public schools.[6] State-authorized charters (schools not chartered by local school districts) are often established by non-profit groups, universities, and some government entities.[7] Additionally, school districts sometimes permit corporations to manage chains of charter schools. The schools themselves are still non-profit, in the same way that public schools may be managed by a for-profit corporation. It does not change the status of the school. In the United States, though the percentage of students educated in charter schools varies by school district, only in the New Orleans Public Schools system are the majority of children educated within independent public charter schools.[8]
http://en.wikipedia.org/wiki/Charter_school
PoliticsRe: Northern Govs Want States To Pay Subsidy Per Consumption by Wallie(m): 10:49pm On Jan 13, 2012
Sounds great! If I were running Lagos, I won't subsidize fuel directly as people from neighboring states will want to benefit from it. I would use the opportunity to tax the fuel and refund money directly to Lagosians. Those who paid taxes will be given NGN 100k check per year (or however much the current subsidy is divided by number of Lagosians) to subsidize fuel.

I will then add 10% tax on the cost of fuel so that people from other states, those who don't file taxes, and those who consume fuel the most pay their fair share.
PoliticsRe: El Rufai Call For 400% Hike In Electricty Tariff by Wallie(m): 9:33pm On Jan 13, 2012
There’s no question that electricity tariff has to be raised and I wouldn’t doubt that the rate should be about 300-400% of what it currently is.

With electricity, we don’t have any real inherent advantage right off the bat for getting it cheaper than the rest of the world. The only thing that will give us a major advantage in the long run is the abundance of natural gas that we have.

However, how are you going to get the natural gas to the power stations that need it to generate electricity? The cheapest way over the long haul is to use pipes but that will require billions of dollars in investment.

To get electricity 24/7 in Nigeria, you need:
1. New and modern power plants to increase production capacity
2. Fuel delivered to power the turbine-power plants (all that solar and wind stuff will be way too costly)
3. More efficient transmissions lines that connects power stations to cities
4. Modern transformers to step up/down the voltage
5. More efficient distribution lines within the cities
6. Modern meters to monitor power usage

Where will the tens of billions of dollars that will be needed come from?

BUT the government cannot just completely abandon the people to the whim of private companies. They will need a regulating agency that work with the private companies to determine the electricity tariff.

Unlike GSM, one cannot switch to different electricity carriers (based on the current plan) if the price of your provider is too high or you’re unhappy with the service provided. You are pretty much stuck with whoever wins the power distribution license in your area. As such, the government needs a regulating agency.

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