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Eluala's Posts

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Jobs/Vacancies / Re: Should I pay a whooping sum of 500k to get a job? Please Advice!!!.... by Eluala(m): 3:24pm On Mar 11, 2015
Anybody who asks you for money to be "given" a slot in NNPC is indeed a fraudster. Run from such a person immediately. You don't need to pay any money to be hired by NNPC. They advertise their positions and the recruitment test is even organised by a third party consulting firm.

My advise for you is to look for a job that will keep you busy in the area of interest but may not necessarily be a glamorous as the one you lost and it may pay far less. What will help you get the next job is usually experiences you have gathered over the years. Avoid going through a long period without a job no matter how small. It can even be with a not for profit or any charity but be busy.

Alternatively, look for what you can buy and sell with you money. Something that everyday people need and supplying it to them will save them some time and effort but therein lies your opportunity.

I don't subscribe to going for Masters just for the sake of it. A Masters degree should complement your skills in a beneficial way not that you just go and do time, and acquire another paper.

With the money you have, you can source for high quality agro-allied products, which are produced locally so exchange rate fluctuation is not of high impact. Think of becoming a middle man or even investing in packaging the raw products and market to big/average stores and individuals. When I go to stores nowadays I see all kinds of made in Nigeria food products packaged nicely that I am attracted to buy even if just to feel like I am doing this here and not overseas.

Alternatively, you can rent a shop for nothing more than 2/5 ths of that money and decide to sell just foodstuff that does not require refrigeration eg grains, spices/seasonings, beans, rice, corn, wheat, millet, garri, indomie, tinned foods like sardines, Mackerel, tomatoes, curry, ginger, thyme, garlic, nutmeg, floor, custard, etc.

If you have no issue with dignity of labor and self esteem, you should be able to see gold where you are the moment and go for it. Everybody must eat. Remember, sell something that everybody must need whether rich or poor and what else is more qualified than food.

6 Likes

Family / Re: How Can I Revive My Fallen Bosoms After Nursing Two Children? by Eluala(m): 7:11pm On Mar 02, 2015
Are they in 'coma' at the moment? Transfer culpability to ora. Na im cause am. Make im wake am up.
Politics / Re: President Jonathan Commissions 750MW Olorunsogo Power Plant (photos) by Eluala(m): 11:18pm On Feb 20, 2015
For the benefit of my friends complaining about the last minute commissioning of this project, a power plant project maturation cycle is not less than 4 years in the best of situations. It simply means they have been working on it seriously for more than 4 or 5 years. It is different from going to buy I pass my neighbor in Alabama. Hope I have managed to provide some clarity.
Politics / Re: We’ll Deliver 20,000mw Of Power In Four Years: Buhari by Eluala(m): 8:48am On Feb 02, 2015
Only a delusional individual or a complete nitwit, who obviously do not understand how engineering projects work will say things like these. You will generate 20,000 MW in 4 year say you be God? Maybe Buhari will just say 'let there be light and there it will be'. Bunch of illiterates celebrating gross incompetence in the name of politics.

Do you k now how much it costs to finance a 650 MW thermal power plant? Do you you know how long it takes to even complete the conceptual design and FEED for for one? One of the best plants in this country was designed and built by Shell in Afam to generate 650 MW some years ago after political arm twisting from OBJ, go and investigate how long it took to start and complete the turbine cycles talk less of the gas receiving and processing facility, which is critical for providing the gas for firing the plant. I was part of the team to do the Petroleum Engineering studies for Okoloma NAG PROJECT for firing AFAM VI. I'm not a politician but this claim is as unrealistic as it gets. It is total hogwash.

Mind you I am a professional Engineer and not a GEJ fan.

2 Likes

Politics / Re: PDP Presidential Rally In Calabar, Cross River (Photos) by Eluala(m): 5:47pm On Jan 30, 2015
By Toyin Akinosho, Publisher

It would be inappropriate for President Goodluck Jonathan- if re-elected- to reappoint the current Nigerian minister of petroleum.
The Chief Justice of Nigeria’s Supreme Court will swear in a newly elected president of the country on May 29, 2015.
Whichever of the candidates takes the oath-the incumbent Goodluck Jonathan or his arch rival Muhammadu Buhari-there certainly will be a change of executive cabinet from the one currently in place, whose membership has been near intact for upwards of five years.
A crucial position in that cabinet is that of the petroleum minister.
If the oath taker is Buhari, himself a former Petroleum Minister, the current minister will have to leave.
If Mr. Jonathan wins elections, there is high probability that Diezani Allison-Madueke will continue on the job.
In my view, it’d be a value destroying proposition to keep Mrs. Allison-Madueke on the job, but those who are close to the story insist that she’d continue to be Jonathan’s man in the ministry in the next dispensation.
In Goodluck Jonathan’s four year rule as elected President, it has been Alison-Madueke, not the Finance Minister Ngozi Okonjo-Iweala, who has controlled Nigeria’s purse strings. It is under her watch that the state hydrocarbon company was most emboldened in determining what it should remit to the state coffers and what it should keep. And what it decided to keep simply ballooned. She has superintended an appropriation of the commonwealth that only the National Assembly has the right to do.
At the time that Shell, TOTAL and ENI were divesting from five acreages onshore Niger Delta, the proportion of proceeds from those assets was 55% to the Nigerian state and 45% to the three multinational partners. The NNPC is the government representative in the partnership. If 100 barrels of oil were produced, the NNPC took 55 barrels and paid the money made in selling the crude directly to the National Treasury.
Diezani was settling down as minister in 2011 when Shell, TOTAL and ENI were rounding up the sale of their 45% of these assets to Nigerian companies. Her ministry decided that the NNPC would be more active in management of the assets. This is fine. What’s dubious is the way in which the country’s share of the proceeds got diluted in such a way that the net return to the national coffers was no longer 55 out of 100, but far less.
The NNPC nominated its operating subsidiary, NPDC, to manage the assets. The NPDC in turn invited a financing partner to fund its share of the operations. The contract with Atlantic Energy entitled it to 30% of NNPC’s share even after the cost oil had been recovered. This is the contract that the minister foisted on the country. The agreement smacks of arbitrariness, was executed in a manner highly suggestive of patronage, with terms that are clearly a give- away of resources.
In order to recover its cost in funding the NPDC part of the operations, the terms called for Atlantic Energy Drilling to receive, in the beginning of production, 60% of the volume of crude oil to which NPDC (NNPC) is entitled. This is cost oil. When that cost is fully recovered, Atlantic’s share will drop to 30% of the crude oil to which NPDC is entitled. Please read this carefully; in the post-Shell operatorship phase, after the NNPC equity had been transferred to its subsidiary NPDC, to become the “operator”, with so much fanfare, NPDC had gone into an agreement with a company unknown to industry operatives and registered just months before the deal. The company was charged with the responsibility to fund NNPC share of the cash call for operations in return for 60% (in the first instance) and later 30% (after cost recovery) of the crude oil that should accrue to NPDC (NNPC) and by extension, the teeming Nigerian population of circa 150 million people! In effect, the rightful share of the proceeds from these assets that should flow to the National Treasury drops by at least 30%, all through the duration of the agreement. .
The NPDC uses about 30% of the 55% to pay its alliance partners/its funders. Then it refuses to pay the net proceeds to the treasury and instead pays corporate income tax and Petroleum Profit Tax, so the monies accruing to the treasury reduces overall by at least 40%. Note that prior to this NNPC to NPDC transfer, whatever came to NNPC was transmitted directly to the treasury. The transfer of assets from NNPC to NPDC is an illegal transfer of revenue from the Federation account to the NNPC. Not even the president has the power to transfer revenue from the federation account without appropriation.
This arbitrary way of doing things is the signature conduct of Diezani Allison Madueke’s tenure.
At international fora, the minister would promise bid rounds she knew she would never see the light of day. In her entire tenure there was not a single, open, transparent acreage sale conducted by the government! She would set up panels to investigate aspects of industry processes even though she knew she would not implement their recommendations. For her, everyone is available to be used. .
She had no scruples about making people waste their time. She is no respecter of time herself. Everyone, from IOCs to the smallest Nigerian independent, has a story to tell about how much they are hoping to get hold of the minister, making fruitless upon frustratingly fruitless trips to her office or-as she prefers-her house for audience.
IOCs have conducted divestment from 21 acreages under her watch, a sign of inclement investment climate more than anything else, but the minster doesn’t regard it as a blot. Instead it’s an opportunity for her to influence whom she wants to win the purchase. The companies often have to watch her body language to determine who to sell to.
When Diezani Allison-Madueke took office in 2010, she moved the (then nine year old) Petroleum Products Pricing Regulatory Agency (PPPRA) from the presidency into the ministry, directly under her. Between the period that the PPPRA was established in March 2001 and the end of 2009, the annual petroleum subsidy (the difference between actual cost of petroleum products and the regulated price at the pumps) was in the range of $3-4Billion. By the end of 2011, the annual subsidy cost went up to $9Billion.
After the public took to the streets to protest, threatening to shut down the economy, the subsidy dropped to $3.5Billion. Between the $3.5Billion of 2009, the $9Billion of 2011 and the $3.5Billion of 2013, the Nigerian population could not have grown by more than 10%.or declined by same. And yet the data suggests that the demand tripled and then shrank! Diezani Magic.
If Goodluck Jonathan is re-elected, and he re-appoints Diezani Allison Madueke, he would be doing injustice to the wishes of the millions of Nigerian voters, who see the 2015 elections as about change for progress.
Mrs. Allison-Madueke has found it difficult to work with people. In four years on the job she has seen out three successive heads of DPR, the industry’s regulatory agency and fired four Group Managing Directors of NNPC. The game of musical chairs in the top echelon of these agencies over the past few years suggests that the most important criterion for keeping the job is an undivided commitment to doing Diezani’s bidding. She also has the capacity to pursue vendettas even after dismissing the non-compliant heads. Of the 14 acreages divested by Shell in five years the only one where pre-emption rights were execised appears to be motivated by the said vendetta.
It’s still early to call who Nigerians will elect in the February elections, but in the event it is Goodluck Jonathan, it’d be unfair to foist Diezani on the country any further.

This article was first published in the print version of the November/December 2014 edition of the Africa Oil+Gas Report
Phones / Re: My Experience With 112 Emergency Number. by Eluala(m): 12:31pm On Dec 10, 2014
I experienced the same thing in Port Harcourt some months back. In fact, I marveled at the professionalism on display on that occasion. My only issue was that they had to travel a long distance from mile3 to Elimgbu. I wish a functional center was located within say a 30 mile radius. In any case they brought the fire under control and prevented what would have been a major disaster had the fire spread from the originating flat to the entire building.

Rivers State made a million step advancement under Amechi but a lot still needs to be done in the area of changing the mental state of the citizens.

My fear is that the current PDP gubernatorial aspirant does not share in such urbane and modern day views about how to run things. He will definitely take Rivers back to the days when thuggery and gangstarism ruled. Modern and decent men and women should be really concerned. I hope the polls of next year will reflect these sentiments?
Properties / Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by Eluala(m): 6:19pm On Oct 16, 2014
Lawyer,

Thanks for all the good information you provide. Please I have a question for you. I have a property with registered deed of conveyance. If I sell it to someone else, will a simple transfer of ownership together with the deed be sufficient to close the transaction or do we have to prepare another deed in his name?
Education / Re: Before All Our Children Become Entertainers by Eluala(m): 9:21am On Aug 27, 2014
@OP, you did not talk about the trend for every man or woman to enter [b]''church business'' [/b]nowadays.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 6:10pm On Jul 01, 2014
Available.
Properties / Re: How We Built The "Luxury Block Of Flats" In Enugu by Eluala(m): 2:58pm On Jan 10, 2014
I dey follow.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 2:11pm On Jan 06, 2014
Still available.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 9:37am On Dec 28, 2013
Still selling.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 8:50am On Dec 17, 2013
Still available.
Business / Re: Who Has Ever Won Any Of The Numerous Promo We See/hear Everyday? by Eluala(m): 9:16pm On Dec 16, 2013
I seriously think these Telcos are more into scam with those promos especially the one that has yellow and white as their color.

I still remember with nostalgia back in the days, 1988 to be precise when I won the OMO regional scholarship from Lever Brothers Nigeria (that used to be their name).

I was in form 2 and the cash price was =N=500 and another =N=500 worth of science equipment for my school then. To put things in perspective, my school fees then was =N=64/term and there was absolutely no other fee demanded by any teacher, so in effect that was my school fees for over 2 years in Emmanuel College Owerri then.

The best part of it was the exposure I got from there. I was invited with my parents to Lever Brothers office in Aba and after the presentation ceremony, NTA was on hand to interview me on the occasion and I did not freeze but expressed myself with much confidence. It was broadcast during 7 pm news.

Next day I made my first banking transaction. I had to go do the queuing stuff, collect tally and when it was my turn presented the cheque and got the cash in return. I was accompanied by my dad because I was barely 13 then but he just stayed at the background and allowed me to handle the interaction with the teller. My life has never been the same since then.

Meanwhile I did not write any exam, just get 3 top flaps of OMO packet and mail it by post office to an address advertised on TV. During the lucky dip, one of my entries was selected.
Romance / Re: My Girlfriend Tested Me With Cheating & 'Pregnancy' by Eluala(m): 8:00am On Dec 15, 2013
So you think you can build a sustainable relationship on this kind of childish games?

Your girl is a good manipulator and I tell you this will not be the end. She is going to be pressing your head and emotions like a button for the rest of your life.

My advice to you is simple - give her a stern warning and tell her you will never tolerate this type of rubbish at any other time otherwise you will have to brace up for more of such manipulative pranks. There is absolutely no love in this just testing the limit of what she can do and get away with.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 5:40pm On Dec 11, 2013
Thanks. Still selling.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 3:35pm On Dec 11, 2013
@rhames

I must be honest you have tried. Can we have further discussion offline if you are really interested? My email address is onyema_o2000@yahoo.com. Please send me a line with your mobile let's have further discussions. Cheers.
Education / Re: Unemployability Of Nigerian Graduates by Eluala(m): 6:37pm On Dec 04, 2013
I have attempted to address this issue at several fora, either while speaking to a small group of people or with individuals. I quite appreciate the numerous challenges the average Nigerian student must encounter in order to become a 'graduate'. We can go on and enumerate all the good reasons why we end up not being as good as we should be post graduation and honestly, we could succeed at justifying same.

But the key reason why a lot of people do not have jobs is not necessarily because there are few employment opportunities, but rather because we have a severe dearth of top quality talents, who are fit for the positions we seek to resource.

The key challenge is that our graduates are not good enough. As trivial as it may sound, the basic qualities an employer would like to see in a potential future hire are lacking. For instance, how do you cope with a graduate who can barely construct a sentence in English without fundamental grammatical errors, either verbally or in a written form.

The attitude is equally very poor, devoid of any inner sense of desire to achieve, cannot go the extra mile either to acquire knowledge or to get things done. There is too much focus on 'making money 'without laying the right foundation. Decision making and thought process are very shallow or completely lacking. Our graduates are too impatient to think things through and make use of available data in a sound manner to make good judgments. Asking some of our graduates to even attempt to provide novel solutions requiring some level of abstraction is asking for too much.

My dear you must understand that becoming a graduate is just the first step. You need to constantly improve yourself and be versatile to enable you convince an employer that you are 'job fit' otherwise getting that 'dream job' may end up being a mirage. There are so many other factors to consider example market forces. You must know that people don't just look for who they will give jobs. Businesses hire 'human resources' to enable them deliver a niche service to the market. So basically it is the market that determines what products and services they prefer and what they are willing to pay for them. Correspondingly, businesses emerge to fill the gap and in the process equally goes to the market to seek for the talents and resources that will enable them remain in that business and if possible be the leader. So you need to ask yourself the question: Do I have a skill that the market is ready to pay premium for?

The market is not just interested in paying for certificates but for skill. Trust me if you are good enough and you have 'sellable' skills, the market will find you and surely they will buy you. But you must demonstrate that you are better than the average candidate because in the final analysis, it is a competition or if you will, a game and only the best emerges as winner. I 'll stop for now.

17 Likes

Education / Re: Unemployability Of Nigerian Graduates by Eluala(m): 6:10pm On Dec 04, 2013
I have attempted to address this issue at several for a, either while speaking to a small group of people or with individuals. I quite appreciate the numerous challenges the average Nigerian student must encounter in order to become a 'graduate'. W
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 12:17pm On Nov 27, 2013
Still selling..
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 5:37pm On Nov 26, 2013
The car is located in Elimgbu area, where I live. I appreciate your offer but it does not fly. Maybe we can talk more details if you send me a mail at onyema_o2000@yahoo.com. We will have a chance of also talking on phone then.

Looking forward to your email.

Cheers.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 10:21am On Nov 26, 2013
Still selling..
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 10:19am On Nov 26, 2013
How much do you want to pay? Just make an offer and we can take it from there.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 4:38pm On Nov 17, 2013
available
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 1:56pm On Nov 15, 2013
Still selling..
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 1:55pm On Nov 15, 2013
Still available. Price reduced.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 5:29pm On Nov 06, 2013
Available.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 8:30am On Nov 05, 2013
Still available.
Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 6:13pm On Nov 04, 2013
Available.

Autos / Re: 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 6:07pm On Nov 04, 2013
Still available.

Autos / 2006 Vw Passat For Quick Sale - N1.2 million - SOLD by Eluala(m): 6:01pm On Nov 04, 2013
[li]2006 VOLKSWAGEN PASSAT LUXURY EDITION, PACKAGE 2
MADE IN GERMANY, USED first in US, and then in Nigeria

2.0 Liter TURBO CHARGED I4 ENGINE
90,000 miles
VIN#: WVWEK73C66P106094
6-Speed Tiptronic Auto Transmission
Front and Side Driver and Passenger AIRBAG
Power SUNROOF
Power Door Locks
Electronic Parking Brake
Power Windows
Heated Outside Mirrors
Iluminated Vanity Mirrors
CD Capability (not functional at the moment)
8-Speaker Stereo
Tyre Pressure Monitoring System
Leather COMFORT Seats
Heated Driver and Passenger Seats
6-way power and 4-way manual adjustable driver seat
ABS
Alloy Wheels
Speed variable Electro-Mechanical Steering System
Keyless Entry
Power Steering
AC
Rear Passenger ventilation
Chrome Exterior Trim surrounding the windows, body moldings
Satellite AM/FM Radio
Anti-Theft System[/li]

[size=16pt]Asking Price: 1.2 million Naira. This vehicle is presently located in Port Harcourt and is ready to be driven to anywhere in Nigeria only on one condition - pay the reserved price and it's all yours.[/size]

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