₦airaland Forum

inoki247:
lol they're loving father's to dere kids oh cos na d loot dem dey use send dem go UK to go school nd provide for dem so u expect dem not to appreciate dere father after doing all this for dem....

Sysdatek:
In insurance only the owners make money
Anyone else is a slave
Just another scam branch of finance

andyblinks05:
But atimes it is better APC than PDP Oyo
PDP don cause plenty wahala

OBALOLA55:
CC

THEBOSSTREVOR1
ONIONBANDIT
PISSFULLPROTESTER
OJIOFOR
JULIUSMALEMA
ADADIKE
CILICMARIN
HELINUES AKA
MONOGAMY
VAUGHANLANREWAJ
TINUBUADVOCATE
SEUNMSG
WALEDEJI

Fulaniherdmens:
Enough of the excuse, you don’t go about without license to even hire a gun. You must get clearance from the state police command before engaging in hiring from a licensed dealer. If not you all are going to taste ASABA prison-movie cast

murphyibiam15:
Mostly yoruba groups of Lautech graduates

What a show of shame

OlayemiAshraf:
. Jesus unbelievable ... I hope no one was inside the car Sha ...

visijo:
When God is set to take you far,
He starts separating you from the set of people who are not needed in your journey�....

ngkman:
Good morning and sorry to disturb you with this but I had a sleepless night and I thought to share this with someone.....who else if not my good brothers and sisters on Nairaland.

About a year ago I moved in to a new compound and discovered one of my neighbors came from the state as me and we easily bonded and became like brothers, our wives not from the same state as us too became close. A few months later, another lady from the same state as us too moved in and became a part of the relationship.

Things became sour when we started noticing what other neighbors had tried to draw our attention to, being that my said brother's wife is a chronic liar and busy body who creates tension between people with her lies.

My wife and I had a fight when she told my wife I said she was the cause of my parents HBP. What I actually said to her husband while she was in the kitchen was " my wife tells my parents about our fights and I don't like it because they are hypertensive".

Among others, if she gives you #100, she tells people it's #10000, if she eats your food, she goes out and says no maggi or this and that. She calls you a miser while she can't ordinarily do more than you.

She had even matchmaked our sister in the compound with another man, the man later told our sister his colleague had brought him to collect his share of the "kpekus" and to eat her money but he can't go through when he realized she was a good woman with a good heart.

Now this said sister went for her introduction with another man last week Saturday without telling them because of his wife and her mouth. He called me as a man and complained to me how he felt bad when he saw others congratulating her while he knew nothing about it.

This man is a good man, very good but his wife is the problem. I don't want to tell him he wasn't informed because of his wife and I don't want to lie to him as a brother.

I faked a call and said we'd talk about it today.

My good brothers and sisters and elders on Nairaland, I need your matured advice. Thanks

BabaOneChance:
Seun, Lalasticlala, please take note. This thread is an advert for the forbidden APC zombies app.

Delete it immediately. Thanks.

Islie:
https://m.guardian.ng/news/fg-shortlists-21-states-for-pilot-grazing-reserves/

slimanyd:
Like say nah makinde cause the fighting or what . I no just understand . wetin concern him with the in fighting btw motor parks that left 2 members dead. At least , No 3rd party died. So, if makinde had gone out to meet them . won't you people disguise and call him governor who listened more to the thug's ? Hypocrisy every where . APC should just forget about Oyo state come 2023 ,

slimanyd:
My bro. They are coming in droves for you. Thy are already masturbating from the first post . They already called each other on phone as there BMC crew was about to drop the post here . At least , they are happy there is something to divert people from the lackluster APC governance in the country so far.

omohayek:
That you insist on ignoring the established fact that these companies have published financial reports, which are independently audited, suggests that the problem with reality is yours. Just because it makes you feel good to see yourself as a victim doesn't falsify objective, easily confirmed facts, and it certainly does nothing for your credibility.

You are engaging in the very kind of fallacious motivated "reasoning" all too many Nigerians are prey to. Instead of looking at the hard evidence and reasoning forward from there, you've decided that you don't like your current circumstances, that the DISCOs are entirely to blame, and that therefore they must be 100% evil and any mitigating factors mentioned about their failings must also be a lie. This allows you to indulge your feelings of self-righteousness but does nothing to help you see what course of action you should be agitating for to make things better.

If all you care about is that short term emotional catharsis, have at it, but nothing will change for the better in Nigeria until you and the many others like you get over your subjectivity and try to understand things beyond their perceived direct impact on you. Your personal experiences are merely anecdotal, not a basis for grasping what ails a country of 200 million people.

omohayek:
Whatever sharp practices may exist, they don't detract from the fact that the DISCOs aren't charging enough to cover their costs. This isn't a matter of opinion or logic, it is a statement of fact: these are officially registered companies which must regularly submit financial reports that are independently audited by reputable accountancy companies. If the DISCOs were supposedly raking it in as you imagine, this would be a matter of public record, and foreign investors would be clamoring to get into the supposedly lucrative Nigerian market just as they have done for mobile telecoms, but instead we are seeing the opposite happening.

Any irregularities of the sort you mention fall under the purview of the regulatory authorities, and their unwillingness or inability to enforce legal obligations the power companies might owe to consumers. It also doesn't help that the Nigerian legal system is horribly slow, overburdened and in any case deeply corrupt, so consumers are denied that avenue of recourse as well. Still, none of this has anything to do with the core issue at hand, which is that the DISCOs aren't getting enough income from the heavily subsidised tariffs to make it worthwhile for them to expand capacity. Many of them aren't even able to cover their running costs, let alone invest in upgrades.

omohayek:
The fact that a company whose entire business is selling power should be afraid to add new customers should be enough to tell you that they aren't being allowed to charge enough to make a profit!

Just as Fashola said so long ago (and for which he was so heavily ridiculed by the ignorant), Nigeria's power problems aren't rocket science, just as Nigeria's inability to run sustainable domestic refineries isn't due to rocket science. If you introduce price controls in any area of enterprise or industry, you guarantee that shortages will occur, and if the price controls are harsh enough, producers will decide that they are better off exiting the market entirely rather than losing money on each sale. You'd think Nigeria would have learned from the Venezuelan example, but each successive government has operated either from fear of popular backlash (GEJ) or total ignorance of basic economics (Buhari).