₦airaland Forum

intruder15:
Let's be realistic. You cannot be aspiring for foreign investors and on the same authority be talking about nationalizing someone's property. MTN Nigeria shares is listed on the Nigerian stock exchange which means that Nigerians own the company too. Yes, they may not be major share holders, but two wrongs doesn't make it right.

Rufai's perspective is very valid and same as Oshiomole. However, Oshiomole's solution, though effective, have an undertone that will affect future investments.

They can rather choose to fine the company for every loss of life x amount and every property destroyed, x amount. That way, at the end of the day, South africa still ends up paying for their mess.

National economics can be dramatic. We need to be more reasonable and not talk nor act like we are in a military regime.

God bless you. I cannot even believe we are having this conversation. How do we appear to world, knowing we need foreign direct investment to grow, wanting to behave like cavemen who will lawlessly take over foreign businesses operating in our nation when individuals harm Nigerians in the home nation of those businesses?

Is this even a topic of discussion for anyone who understands that nations that want to succeed must have an environment of absolute integrity that protects foreign investors operating within their borders?

We should "nationalise" MTN and DSTV to "hand them over to Nigerian investor". Are we mad or have we all become Abacha even as we are supposedly in a civilian democracy?

MasterTeeUSA:
Did those businesses invade Ukraine? Even McDonald and Starbucks had to leave Russia...if killing Nigerians is not enough for you, then you are just like Rufai...wealth over blood. Please, would you take this wealth with you when you die?

You are taking this to another dimension now. I value the life of my fellow Nigerians. This is not about "wealth over blood".

Our politicians and diplomats must do the needful to get justice for our fellow Nigerians killed during xenophobic attacks in SA.

It is their job. We must not allow them duck responsibility to be targeting SA business entities in Nigeria. That is lazy and unfocused leadership.

At worst, and if we must make the point we will not allow Nigerians to be killed in SA without consequences, then we should officially cut trade and diplomatic links with South Africa rather than lazily targeting a few South African-owned businesses operating in Nigeria to the announce to the world we want to 'nationalise' MTN and DSTV for Nigerian investors to take over as Oshiomhole suggested.

Do you know how that makes us appear?

SonOfWords:
Roman Abrahmovic was one of the victimized Russian business tycoons when Putin launched the smo against Ukraine.

His football club was seized, illegally auctioned and the proceeds are currently still under litigation as to how to be spent without his inputs. Even his private yacht was not spared.

Carry your dustbin talk find corner sidon💀!

Chelsea fan ba? The issue at stake then was far bigger than Abramovich or Chelsea. Russia set a dangerous precedence. That is why sanctions had to be extensive and heavy.

Trump is doing same today but of course the rules are always different for the USA.

The world will become more dangerous for all of us if some nation feel they can just invade others militarliy, declaring war, without consequences.

That is why NATO etal exist.

Parachoko:
Asiwaju can't restructure without the support of Northern Lawmakers

True but he can use power of negotiation to get progressive Northern leaders on board. Something has to give and Tinubu is one the talented Leaders Nigeria has produced that can make things happen.

MasterTeeUSA:
TELL that to UK and US that forced a Russian Oligarch to sell his soccer team, and seized multiple russian assets in the US and UK. By trying to force takeaway of MTN and DSTV, those businesses will compel their govt to do something which is what happened here. You need to understand how politics work.

Sir, that is very different. Invasion of Ukraine, leading to sanctions against Russia and Russians can be justified because it is not good for the future of the world for big and strong nations to believe they can arbitrarily invade and dominate smaller nations without consequence.

How can you compare that to xenophobic attacks that is a crime politicians and diplomats (Nigerian and South African) must charge policing authority to deal with? Dude, is Nigeria at war with South Africa? Get a grip bruv.

potent5:
Lies lies lies lies lies lies lies. Oluwole lying machine detected.

Lol. What lies did the commentator tell?

Interesting video and points. Guys, read the comments to note how majority of Nigerians agree with the content.



https://www.youtube.com/watch?v=AoaRpbItvuY?si=fdhc3J7ArDb_Pgln

Bluna:
I hope you watch the video to the part where Oshiomole alleged that current south African president is the biggest shareholder of MTN. As a president, he has not taken any serious action to stop the xenophobic attack or to prosecute the attackers. But just recently when he heard the threat to nationalize MTN, he quickly released a statement to condemn the attack.

Yes I understand your point. I have always insisted politicians and diplomats on both sides (Nigeria and South Africa) must act decisively.

It is not acceptable our fellow Nigerians lost their lives to xenophobic attacks.

I can therefore understand emotions are running high but I don't believe making South African businesses in Nigeria the scapegoats of our anger solves anything.

huptin:
How sure is he that the North is interested in becoming educated? Or that they want to be the new oil?

What happened to GEJ's almajiri schools?

Don't mind Obi. Capping as usual thinking his audience are dullards.

Rufai Oseni gets this one right. Atiku is showing open disdain and lack of respect for the South.

The mistake selfish and myopic leaders have made over decades is what has gotten Nigeria where she is today.

Misterone:
Oseni is too dumb! If the South Africans can play dirty, why can't we? We don't have South Africans we can repatriate but they have companies here. They make money from Nigeria. Nigerians go to South Africa and make money too. If they can kill Nigerians, we can kill their companies.

MTN and DSTV are businesses. They cannot be held responsible for what ordinary South Africans do. If you build a great business in Ghana, do you want it destroyed when some Nigerians over there attack and kill some Ghanaians?

Your business must be destroyed or taken away from you simply because you share nation of origin with wrongdoers you don't know and do not even approve of their action? This is too ignorant from Oshiomhole abeg.

lawani:
The aim of communism is to make the society classless. You can arrive at that destination via the free market but people have been trying to arrive there through socialism alone. What is wrong with arriving at it through the free market? Was the Soviet society more classless than the Norwegian society today or the Chinese society today who are communists with free market?

A "classless" society is not good for Nigeria that has over 300 ethbic groups and many religions,cultures etal.

When that is a reality of a geographic space, competition and reward system, based on individual developing their talent optimally to stand out, is best.

Socio-capitalism is better for Nigeria in my opinion. Please look into it.

Don't forget it is a warped and hidden version of communism ( via damaging Government subsidies in every sector that made Nigerians indolent, uninspired, non aspirational and incapable of delivering solutions for themselves) that has destroyed Nigeria to leave what we have today.

Are you happy at subsidised and "classless" education that produces Nigerian civil Engineers who cannot even handle Lekki expressway , talk less of a major project like fourth mainland Bridgend, and we have to see Lebanese and German engineers everywhere?

nwakaibe:
This report is thrash. Even officials of Lagos State Govt admitted the facts during a meeting with Business Editors at Sheraton Hotel Ikeja. I was present.

Na you sabi bro. No be fight.

Jakpon:
Nigeria is not ibo nation.
During the administration of pit obi insecurity in Anambra was at a frightening level. K!dnapping, drug trafficking, cultism, ritual k!lling, rape etc, was the order of the day.

The security architecture of Anambra was surrendered to non state actors like the Bakassi Boys. Derico Nwamama and his gangs held Anambra on a choke hold. Political violence was so rife that the Anambra state House of Assembly was burnt down by thugs loyal to obi

Well-said. I don't know what some of these guys are seeking with their blatant lies whitewashing the image of Obi.

Was Obi not Governor when loads of dead bodies of young men appeared in Ezu river only for Obi to be publishing public adverts offering reward for 'information?


https://gazettengr.com/peter-obi-deceiving-nigerians-he-couldnt-fix-insecurity-in-anambra-oshiomhole/

@OP.

Communism is essentially dead today because it's essence runs contrary to how humans are naturally wired.

Man needs to be aspirational and have things to chase the majority of his life. We like individuality also and do not wish to be predictably robotic as communism creates.

Take those natural instincts of man away and that is an artifical construct seeking to modify his nature and normal impulses.

Communism diminished for that reason and isn't a consideration today. China you mention isn't even communist in a purist way. Perhaps you aren't aware of that.

Vietnam, Laos, North Korea and Cuba are the closest vestiges of communist nation today. 4 out of 195 countries of the world. Dont you think that indicates a democratic pattern based on what the majority have chosen?

nwakaibe:
.

Visit Ethiopia first. Construction of Lagos -Badagry Road project now, Lagos -Okoko road/rail project started ahead of Addis Ababa own.
Ethiopia finished their own which is integrated heavy rail and road. Lagos is still struggling. The cost of the Lagos own is something else

Bro, the bolded is a fact or a product of your imagination? would it kill you to do research before you run your Country down?

Menclothing1:
As someone who have travel 15 countries in Africa am proud of this blue line anytime I board mile 2 to marina no country in west Africa has the standard of lagos electric blue line even Nigeria own lagos to Ibadan line can’t be compare with lagos own

If you are Nigerian, then you are 24 carat Gold. Nigeria cannot rise with the negativity engulfing our nation currently where so many only want to highlight negatives.

The lagos Metro rail system is class-leading as the only one of it's kind in West Africa and the envy of nations like Ghana, Cameroon, CIV etal.

Yet, guess those who attack and demarket it most? Nigerians !!!

Thanks for this post .

Esthered:
He's right. What you posted is the project plan. There are no rail tracks after Mile 2.

I don't get you guys. Lol.


https://www.youtube.com/watch?v=xIHuPEjSl2A?si=qEbInTnYNzWMQogb

Menclothing1:
As someone who have travel 15 countries in Africa am proud of this blue line anytime I board mile 2 to marina no country in west Africa has the standard of lagos electric blue line even Nigeria own lagos to Ibadan line can’t be compare with lagos own

If you are Nigerian, then you are 24 carat Gold. Nigeria cannot rise with the negativity engulfing our nation currently where so many only want to highlight negatives.

The lagos Metro rail system is class-leading as the only one of it's kind in West Africa and the envy of nations like Ghana, Cameroon, CIV etal.

Yet, guess those who attack and demarket it most? Nigerians !!!

Thanks for this post .

Reference:
That is what we have been saying. Rail lines are a way more effective and cost efficient transportation system from point to point and for long term, stable efficiency much faster than road and even air transport.

That is why it is a wonder why the Federal government does not see it as an imperative to invest in a nationwide rail network linking all the city state capitals but insists on building more new roads.

You cannot travel interstate and not be menaced by heavy duty and long haul trucking which cost more than just lives regularly but degrade the road infrastructure badly and consume horrendous amounts of fossil fuels.

Nigeria needs better vision for better prospects if we hope to industrialize, develop and prosper.

Top post. On point on so many levels. Most developed nation of the world, as you identify, prioritise internal rail travel because it convey people and cargo.

Interconnected rail travel should be one of the cornerstone of rebuilding a great and industrialised Nigeria.

I read a report yesterday ( see below) that depressed me.

Your talk I have highlighted in bold just reminded me of it. Personally depressing for me that most Nigerians don't understand how far behind we have fallen and the extraordinary effort each and everyone of us must put in to make Nigeria great and industrialised.

Mauritius is even above us in large-scale industrialisation quotient 😭😭😭


https://africa.businessinsider.com/local/lifestyle/the-4-african-countries-best-positioned-to-dominate-africas-industrial-future/jwtyg35

Sheuns:
That project has been on hold for as long as I remember. They’ve not even laid a single rail track after the Mile 2 station.

In the haste to be negative always, you have tripped on your untied shoelaces. The Blue line terminates at Marina and you are claiming "not even laid a single rail track after the Mile 2 station".

Na Mars or Togo you dey live to have written the bolded?

Bruv, friendly advice. You harm yourself alone with the negativity you seem to be allowing to consume you.

When you are always about negatives, never even once about celebrating positives, don't you understand that is the precursor of a sad and failed life?

Ever8090:
Seriously, when I see people criticizing him online I ask myself if they even no what they are doing?

This is why we must always respect key stakeholders. I.e Benue folks like yourself. Yet Nigerians are the most over-sabi people in the world with serious boundary issues.

Dem sabi chook mouth in what they know nothing about and what should not concern them.

tollyboy5:
The development coming to Epe has really improved businesses between Epe and ijebu ode.
I think the green line contract has already been awarded from Lekki Epe axis to marina.
The problem with Ogun state is infrastructure. The people currently living there are suffering from bad roads and you want more to join.
Let them fix the roads then people will move towards those axis more naturally.

Rail is a good addition to the transport infrastructure solution of Ogun State. Don't forget that. Everything does not have to begin and end with roads.

Lagos needs decongesting to thrive optimally. That is a fact. Her optimal population shoukd be 10 to 15 million max.

Ogun State can be a privileged and advantaged feeder State to Lagos as many suburbs of great cities like London, New York etal have become because of commuting ease.

Ever8090:
Lagos dey try shaa...but honestly with the wealth of this country Nigeria don suppose pass this stage but what can we say!..make we dey celebrate the little our leaders provide for us out of pity from the looting goin on.... in my state Benue state, the current leadership has proven to me that Nigeria can develop beyond the reach of other countries if we have the right leadership. Despite the insecurity and high level of sabotage the governor is trying his best to put one or two on ground. In my village, my people has never experienced government presence before but as I speak the road which almost became unusable during raining season even by foot is almost in it's 70 percent completion stage..... Hallelujah..we give God praise and than gov Alia...

Glad to hear this. Alia is a bonafide good guy. I believe Benue got it right with him.

Melezenawii:

Lagos is daring to dream big. What you’re seeing here is the ongoing construction of Phase 2 of the Lagos Blue Line mass transit rail project. Following the successful launch and operation of Phase 1 running from Mile 2 to Marina for over two years work on the next phase is… pic.twitter.com/C4twgPigog

— Just Ozed (@Just_Ozed) May 12, 2026

Great project. I believe this extension reaches the Epe Corridor .

Yayi is destined to be next Ogun State Governor. He should work proactively with Lagos to extend the blue line to major hubs of Ogun State like Ijebu Ode, Abeokuta etc .

Ogun can be a decongesting residential suburb for Lagos while gaining the socio-economic benefit of a working class population that will be working in Lagos yet living in Ogun State, because of reliable rail link to Lagos, and spending their earnings there.

Charito1:
. Mr man, Anambra people don't know you talk more of your so called information age.

Your argument here is baseless. Anambra people knows who is their best Governors are,not you who used propaganda to judge.

Okay na. No wahala. Pray for your messiah Obi.

Flangelo12:
Rubbish.

Neither is good.

Trade more with China and Canada.

Indeed. International trade and relations is about self-interest. Nigeria simply needs to be pragmatically cynical. We do not need to tie our fortunes to any nation.

It should simply be about who has the best deal for us at any point in time and considering global dynamics/realities which are always changing.

Tenses:
The key word is 'TO'.

24/7 electricity supply is not possible as long as tinubu still has his filthy hands on lagos coffer.

24/7 electricity for Lagos is nothing to do with Tinubu. The power sector in Nigeria is now fully deregulated.

The real issue is that subsidy, supposedly put in place to make power affordable for Nigerians, has damaged the power sector same way subsidies in other areas (education, PMS etc) has damaged Nigeria cumulatively.

As things stand today, the salvation for the Nigerian power sector is foreign investors cash and expertise.

Of course foreign investors will require ROI guarantees. That is the challenge.

Can Nigerians, addicted to subsidies like drug addict hooked on crack, gain the mentality to understand they must now pay cost-reflective tariffs which is the true cost of generating, transmitting and distributing power?

Charito1:
ogbeni shut up, you are not from Anambra state.
Anambra people knows who is their best Governors. Stop ranting what you don't know online.

Lol dey whine yourself. We are living in an information age bruv. I need to live in Anambra to understand the socio-economic reality of the State and how that was managed under different Governments?

Look, my everyday life and work means I know how to find and deliver solutions. You can continue fooling yourself praising a failed and below average administrator because you're desperate for "Igbo Presidency".

orikoku:
Very good, it will soon go round the country.

Correct. It cannot be any other way. The key Statement in the article is shown below.

The pipeline highlights growing investor interest in decentralised power solutions, particularly for industrial clusters across Lagos.

Due to what we have left undone for decades, and what we have mismanaged, it is now only private sector investment that can rescue the Nigerian power sector and provide the 24/7 electricity Nigerians desire. However, investors need good ROI. Return on investment.

Nigeria's electricity sector will broadly shape out in a definitive pattern that will reflect capacity of States, and even districts within States, to pay cost-reflective tariffs that means investors can get involved once they are assured profitable ROI.

MTN, for example, operated in Nigeria because it is a profitable market.

Lagos , in my opinion and in around 5 to 10 years, will achieve 24/7 power coverage. This will be because privatisation of the power sector allows the pragmatic and forward-looking leadership of Lagos to pursue the only model that can secure 24/7 power.

I.e consumers paying cost-reflective tariffs that will attract private sector cash and operators. The States that will be best and most productive to live in will be expensive for most Nigerians in the near future because lazy and corrupt previous Nigerian leaders have used subsidies to turn Nigerians into communists who do not wish to pay for anything.

Lagos, below, is saying a definite no to that laggard culture and ,in essence, mirroring the commonsense stance of Adelabu, former power minister, that Nigeria must transition towards full removal of subsidy in the power sector and begin paying cost-reflective tariffs so that investor cash can finally deliver the 24/7 power to transform our nation.

Of course having to pay substantially more for power will be unpleasant for many but Nigerians need to blame past Governments who have turned them into beggars subsidizing so many sectors and processes instead of following incentivised private-sector led development of our nation.

Private sector brings efficiency, wealth and prosperity. Government subsidies embed inefficiency, deprivation, culture of indolence and generational poverty.

The bolded above is essentially and cumulatively what Tinubu's reforms are about. Punitive short term but absolutely vital because 240 million people, essentially being sustained by subsidies from income derived in a mono-economy, must get used to doing things the right way or simply continue in abject poverty, deprivation and failure.

https://www.google.com/amp/s/punchng.com/lagos-rules-out-subsidy-for-electricity-consumers/%3famp