Kobojunkieee:
Is it me or are these supposed mini-grid projects basically individual companies trying to get themselves weaned off of dependence on petroleum for power generation needs and basically source alternative ways of supporting their own private businesses in Nigeria? Essentially, I don't see how this helps the Nigerian situation as the vast majority of the generated energy will not be put into distribution at the end of it all. I am not saying the companies have no right to pursue their own interest. I simply wonder why it is being advertized as some sort of improvement for all in Nigeria when it does not seem the case at all.

This strategy is not a bad idea. What this does is to free up power resources on the grid. Power resources that typically goes to these companies will now be available for other consumers to use. Overall, it’s a win win for all.

Also, these companies might generate more power… way more than they need. The rest would probably be sold back to the grid to increase total power supply.

I think the government primary strategy is to increase power supply, in respective of where it’s coming from.

I understand the devil is always in the details. Let’s see how this strategy plays out

Nice

God1000:
Nazis of our time

I Wonder how she'd feel if her family was targeted and the families of every bought politician in US, wouldn't you feel so alone, helpless, wishing and praying for help. Here you are, in a position to stand for what is right, instead you sign a weapon of mass destruction.

Nikki Haley is truly an ignorant, soulless human being.

This kind of behavior should be condemned by all who value human life and dignity. How can we ever achieve peace when so-called leaders are inciting more bloodshed and hatred?

The good thing is when you play God, God will come for you, we will see who finishes who

Ignorant, no. She’s appealing to her target audience, the Jews who controls American economy and political landscape , so that she can become running mate to Trump. This is all politics

Very barbaric, animalistic behavior exhibited by our Nigerian brothers… but it will be a good idea to understand why the guy was beating his wife in that manner. Before we start casting aspersions, it will be good to hear from both sides.

We witnessed here on NL the story of a woman who was battered by the husband, where the husband knocked out her teeth. Only to find out the woman was at fault. How dare you have 3 kids while married to your husband and non of the kids belong to the husband. That’s not only wicked, but pure evil.

While I’m not supporting evil act of the man, but let’s not forget he has been sent packing from Kenya. He cannot go back to Kenya. His home, investments, properties and other assets go to the wife.

Very interesting

I pray it becomes a reality

nairavsdollars:
Election strategy. You think say Oshiomhole mumu

This is not about courting Oshiomole, at least not directly. It’s about targeting Oshiomole’s followers. He’s trying to psychologically convince people that he has no issues with Oshiomole, no animosity. The strategy is necessary so that they can vote for his anointed candidate. Politics they say is a dirty game

Very nice

Very nice

This is a good step in the right direction. Devil they say is in the details. I pray this strategy attracts and bring necessary resources Nigeria needs at this critical junction.

Angelfrost:
Good move... But approving the days won't suffice.

If we want to boost Agriculture across the nation, the government must make the sector flourish and profitable.

Give out lands on lease to unemployed youths with the passion and interest... Teach them modern farming practices, gift them fertilizers, and seedlings.

In less than 10 years, there will be an agricultural revolution culminating in massive exportation of agricultural products.


Above all... Tackle Insecurity once and for all!

I think the best way to revolutionize agriculture production is really to bring back marketing boards. Incentivize prices, ensure farmers can sell their goods at a profitable margin. If this happens, it will incentivize them to always plan for growth including; borrowing from banks to farm at a good margin, paying for insurance to protect their margin and others.
The marketing boards will have ample product purchases ready for international markets to generate foreign exchange.

Subsidizing the market via free fertilizers, lands et.all helps in the short term. Lasting, sustainable solutions to agricultural productivity is what Nigeria needs at this challenging time. That is to create a viable marketing boards around our comparable products.

It starts with a vision. What are each states viable agricultural products? What’s their current yearly production per tonnage? How can we grow these production on a yearly basis? What’s the role of government (policy/ies), and the role of farmers? Where do these roles, objectives converge to ensure harmony (education, support, accountability, transparency).

Each state can create viable marketing boards on their own, and integrate it with national marketing board systems. Another option is federal marketing boards system that recognizes each state’s agricultural comparative advantages, and capitalizes on that.

Interesting. Do the civil servants also get paid for those days not at work? How do you ensure these civil servants are actually using those days for farm work that will improve food security? How many of these people actually have farms that would require days off? Our government always implementing half baked policies.

Why not implement a direct agricultural productivity policies specifically for farmers to boost production within the state.
Do not not mix the two work together. It’s either you’re a farmer or civil servant. Incentivize both vocations to get effective and efficient results.

Keep the good news coming

This is good

Devil is in the details, or implementation

predictor1:
Can you explain how marketing boards will work in today's Nigeria? Western Nigeria had Western Nigeria Marketing Board(Wemabod) in the past, from where wema bank sprang up.

The primary purpose of marketing boards is to ensure farming remains profitable. They fix and regulate pricing of specific products, to ensure farmers are not cheated by exporters, middlemen and other buyers. By fixing prices, farmers are protected throughout the year from losses due to volatility in the commodity markets.

In the past, Nigeria has marketing boards for Cocoa in the southwest, cotton & groundnut in the north, palm oil in the southeast, marketing boards for rubber et.all. This strategy was responsible for the growth of our agriculture industry back in the days, also part of reason why our Naira was so strong.

We can replicate similar strategy Obasanjo implemented when they brought all the regional boards to the center. Also, states can adopt their own marketing boards depending upon their individual competitive and comparative advantage. Just as simple as that

Government really needs to prioritize and bring marketing boards back. When you prioritize consistent profit pricing and offtake agreement between farmers and buyers, everybody wins. Farmers, governments, bankers, insurance companies, exporters and others. Guaranteed profitable business for farmers, less risky business model for banks, easier for them to price loan risk with less defaults. Increase in export products due to surplus harvest from farmers. Higher foreign exchange income for fx stability and other benefits.
Government really need to prioritize this and bring it back.

Does this mean that Dangote has no intention of producing petrol for Nigerian market? The naphtha that is supposed to be hydro treated, isomerized, reformed for petrol production is now being shipped to Asia and other parts of the world for petrochemical consumption.

Is it that these units (Hydrotreater, Isomerization, Catalytic Reformer and the gasoline blending system) are not available, hence the reason why they are exporting Naphtha? What’s the holdup? When are these units going to be commissioned? How long are we going to continue to import petrol?

Clarifications from the Dangote group will go a long way to shed more light around these grey areas.

What’s the difference between this strategy of exporting Naphtha and exporting crude oil/ condensates? I hope government, NNPC are paying attention to their oversight function.

People die chasing money, you will not hear of people dying while chasing wisdom.

Let’s see how this drama unfolds

What’s government plan to recover all these outstanding debts?

This is good news. The first step in a long success journey is to know where you’re going, 2nd is to design how to get there and identify challenges that might arise along the way, 3rd is to start. I give kudos to the administration for the vision, for being receptive to public opinion to amend the initial draft, and for having the political will to start.

More work still needs to be done to fine tune the design to ensure it is consistent, less corruptible, stand the test of time and becomes our culture/ way of life. Ensure accountability and transparency in the process of student selection, funds award, repayment process and planning and others.

Hopefully, this will reduce the continuous strikes that pervades our educational system, and has made it difficult for our younger generations to get quality education.

Interesting

Nice

This is nice. This is what our government should be spending money on, not funding importation of vehicles for senators and other government officials . Imagine if the government borrow money to fund deals like this. At least, over time this will pay great dividends. Kudos to the administration for doing this

I like this. This is how Nigerian foreign affairs, international diplomacy games should be played. No need to be loyal to any particular foreign country/ countries, only to be loyal to Nigerian interests at all times.

I hope and pray this new move gravitates into a new trend for Nigeria and African diplomacy, where our negotiation is not one sided, but on the basis of our compounding needs.

Kudos to the administration on this

The question is, do we have the balls, what it takes to make that kind of decision without backlash?

It’s a great decision that will attract sanction and possible alienation from US, UK and other developed nations. This is one of those decisions we need to make for the stabilization, growth of Nigeria. But, before we embark on such journey, there needs to be understanding of possible consequences of this action. Also, mitigation strategies to ensure we come out unscathed.

Bloomberg with its stupid headline. $1-3 billion is now considered pouring in? What is this hot money inflow costing Nigeria? How long will this money stay in Nigeria? What would happen when the finally returns to the owner? What would repatriations of such funds mean for Naira, inflation and our economy?

Bloomberg through some speculators and their other handlers are trying to cajole us, make us believe the current monetary policy is right policy. And it’s already yielding results. I guess in due time we will find out impact these hot money will have on our economy.

What impact will it have on Naira? Will it revalue naira or devalue it further? Would this tame inflation down to less than 21% as it is being predicted? Overall, what will it stabilize Nigerian economy and prepare it for growth?

Very nice

We are watching

This is commendable

Interesting

This is commendable