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Sports / Re: Erling Haaland Breaks Premier League Record For Most Goals In A Season by Ezehrobinson(m): 10:03am On May 04, 2023 |
AImiron: Was glad and lucky to see him live at the stadium scoring that landmark goal. Top top player 2 Likes |
Politics / Re: Election Results Of Obio-Akpor LGA In Rivers State: IREV -Vs- Official Results by Ezehrobinson(m): 8:24am On Mar 06, 2023 |
Where is the data compilation supporting the 19 states. I am happy with the data provided for Obio/Akpor LGA BluntCrazeMan: |
Politics / Anambra Airport: Economically Sensible Or Political Acrobatic? by Ezehrobinson(m): 8:02pm On May 09, 2021 |
In April 2021, Anambrarians were excited about the opening of Umueri Airport. According to the Governor, His Excellency, Willie Obiano, the Airport was built in fulfilment of his campaign promise during the 2017 elections. He further noted that the $2bn cost of the project was financed by Elite International Investments (75%), Orient Petroleum (10%), and Anambra State Government (5%). First of all, I would like to say kudos to His Excellency for pushing this vision and not tying up State funds on a single project. But beyond the buzz, I am curious: how did the major financier assess the project as being financially viable? In Nigeria, having an airport within a state is considered a prestige, hence, the Governor could have tapped into this psychological mechanism to secure public acceptance of this project. Currently, Anambra is served by three adjourning airports; Enugu International Airport, Sam Mbakwe Cargo Airport, Owerri, and Asaba Airport, the latter being the closest to Onitsha, the eastern commercial capital. The new Anambra Airport has been designated a cargo airport. This is to serve the importation needs of Onitsha. I presume that the project assessors would have forecast the expected imports into the city for the next fifteen years, the assumptions being that Nigeria would remain largely import dependent for a long time to come due to lack of industrialization policies. This assumption cannot be faulted. Again, I am curious: did they take into cognizance the subset of this import that are air-freighted? If one considered the imports into Anambra, one would notice that they are heavy goods. Heavy goods are mostly shipped rather than air freighted, to achieve cost savings. It can be argued that less than 10% of the imports into this region are air-freighted. This is evidenced by the traffic witnessed in Apapa port versus that in the cargo wing of Murtala Mohammed Airport Terminal II. The next question is, which airline would fly the Anambra route—and how often?” Before an airline takes a route, it would have to assess the economic viability of that route. Most imports into Anambra come from China. Will the airline that would do this long-haul flight charge competitive prices that would convince an importer to subscribe to them rather than continue with shipping? I am predicting that such airline could be doing one flight in three or four weeks. The income from managing the airport, which would offset Elite International Investments’ loan contribution would be subject to the flight traffic at the airport. I am not unmindful that income would also be earned from local airlines and private jets that would be nesting at this airport, but we have to ask, how many airlines would sign up for this? Consider that Asaba Airport is closer to Onitsha than Umueri. Now, I am left to ponder: over how many years would the investment break even, not in nominal value but in present value (i.e., taking cognizance of the time value of money)? Based on above analysis, I am doubtful whether the airport project is economically sensible or is simply a political acrobatic Post script: FAAN, the agency managing 20 airports in Nigeria had a revenue of NGN30bn for the first 9 months of 2020. See here: https://punchng.com/faan-generated-n30bn-in-nine-months. This is approximately NGN3.3bn per month and NGN166m per airport. In a year, an airport is estimated to generate approximately NGN2bn. Elite Investment financed 75% of the project with $1.5bn (75%*$2bn). This translates to NGN600bn (at exchange rate of NGN400 per $1). So, in nominal value, Elite Investment would recoup their investment in 300 years (NGN600bn/N2bn). This value does not take into cognizance operations cost and the time value of money. Perhaps, there is something Elite saw that I might not be seeing, I may need new eye glasses to look at this matter again. |
Education / Rethinking Nigerian Tertiary Education – University Is Not Compulsory by Ezehrobinson(m): 6:47pm On Nov 07, 2020 |
The lockdown that commenced this week means that we had to work from our hole again. In-order to avoid the loneliness that I felt during the March lockdown, I escaped to my friend’s house. So, na work and gist we go dey do. We ran into Dr Dipo’s Insta-live talk on the above subject. The conclusion of our deliberation are thus; The general definition of literate is “ability to read and write”. This skill required to be literate can be acquired through primary and secondary education. Basic education is fundamental human right. Hence, it is government’s responsibility to ensure fundamental human rights are provided. Primary and secondary education should be compulsory and mandatorily delivered by the government. University education is a choice and not compulsory. In Nigeria, primary, secondary and tertiary level education are ran both by government and private bodies. At all level, government heavily subsidize the cost. Most Nigerians subscribe to privately ran schools for primary and secondary because that of government is mostly dysfunctional while most tend to favour government’s tertiary institution because of the exorbitant cost of the private tertiary schools. The government’s primary and secondary schools are dysfunctional because more of the education budget is channel to tertiary level. Given that tertiary education is not compulsory, we are of the view that government needs to divest from this and use the whole budget to appropriately fund the primary and secondary education which are compulsory. To achieve optimal result, the curriculum of these basic education should be refined to include life related courses like philosophy, logic and introductory to vocational skills. Students that graduate from secondary schools are to assess whether they would like to proceed to tertiary institution, go to vocational acquisition centres, learn a trade or join the emerging sector such as IT that does not require university education. For those that need to go to the university, government could work out modalities for student loan with financial institutions. This move would have these benefits; - Schools would no longer be shut because of loggerhead between ASUU and FG over funds that government claim they don’t have - Indigent parents won’t have to bear the brunt of schools fees anymore. The kids that would assume this would be serious as they would be responsible for repaying for their education in the near future - Private entities would manage the school better while government regulates it Should government continue subsiding tertiary institution, Nigerians would see tertiary education as a right and would keep pushing kids to tertiary institution without thinking of other alternatives. It is expected that our population might hit 300m by 2050, this means government have to be expanding the public institution and increasing salary of lecturers. We all know that government’s revenue will not increase in proportionally with this expected population. Hence, we foresee further decay in infrastructure and more strikes as government would not be able to meet up with the liability of funding the school Yes, in the 1960’s to 2000’s the best solution was for government to fund tertiary institution as more capable citizens with speciality were needed, however, now, we have to re-think the strategy as our revenue cannot support such anymore. |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 8:56am On Mar 25, 2020 |
Veejaytv1: I feel your pain I was in this exact situation. TLS ikeja won’t help you. Your passport and decision is with UK embassy at Walter Carrighton. Email VisaSheffield@homeoffice.gov.uk with your concern They will ask the Embassy to release it to TLS Ikeja 1 Like 1 Share |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 12:45am On Mar 20, 2020 |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 11:21pm On Mar 19, 2020 |
priscyspecial: Yup I arrived UK this Tuesday. No issues 1 Like |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 11:31am On Mar 13, 2020 |
Veejaytv1:Please what's their response time? |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 10:44pm On Mar 12, 2020 |
Veejaytv1: Thanks. I have sent them a mail. I hope they contact vac ASAP 1 Like |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 10:30pm On Mar 12, 2020 |
Veejaytv1: I called them already They said decision has been made and they would escalate it 1 Like |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 7:37pm On Mar 12, 2020 |
Veejaytv1: With which mail address? I read a thread and the guy resolved it by going to the embassy. I paid for priority and I have called UKVISA. They confirmed that decision has been made however TLS is telling me stories. |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 7:16pm On Mar 12, 2020 |
uchetobi: Hello, please which of their mail address actually triggered the response? 1 Like |
Travel / Re: General UK Visa Enquiries - Part 4 by Ezehrobinson(m): 7:10pm On Mar 12, 2020 |
Veejaytv1: Same issue here. Are you in Lagos? I want to go make a complaint at UK embassy tomorrow about this |
Travel / Re: General South Africa Visa Enquiries by Ezehrobinson(m): 12:12am On Oct 10, 2018 |
adetuns: Hello Adetuns, please have vfs gotten back to you on the visa? I applied 19th of sept and am yet to hear from them. |
Travel / Re: General U.s.a (student) Visa Enquiries-part 14 by Ezehrobinson(m): 10:57pm On Oct 01, 2018 |
Emmalondon: Search for a school Write GRE and TOEFL if needed Fill the school's application Wait for decision. If successful, apply for visa and fly |
Travel / Re: General U.s.a (student) Visa Enquiries-part 14 by Ezehrobinson(m): 10:55pm On Oct 01, 2018 |
Timotee: I understand your point boss Considering the brevity of time per his situation, I feel he can prepare within one week and take exam. When you add the 10days wait for result and time to register, next month will arrive. PS: I wrote TOEFL some weeks back and I can say its no big deal |
Travel / Re: General U.s.a (student) Visa Enquiries-part 14 by Ezehrobinson(m): 10:52pm On Oct 01, 2018 |
fairheart: Boss. Considering the brevity of time per his situation, I feel he can prepare within one week and take exam. When you add the 10days wait for result and time to register, next month will arrive. PS: I wrote TOEFL some weeks back and I can say its no big deal 2 Likes |
Travel / Re: General U.s.a (student) Visa Enquiries-part 14 by Ezehrobinson(m): 6:51pm On Oct 01, 2018 |
Timotee: Hello, I beg to differ on duration of preparation. One week is good enough |
Education / . by Ezehrobinson(m): 11:34am On Sep 16, 2018 |
G |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 7:00pm On Sep 03, 2018 |
bolubej: Hello, If fully funded, no need of proof. Cheers |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 6:58pm On Sep 03, 2018 |
Time2Smile: Ok, Thanks. I understand short time notice. However, i just need you to please read through. About five individuals have raised some review notes which i have corrected. I believe your review would be minimal. Thanks |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 2:04pm On Sep 03, 2018 |
Jumybecks: I think Nigeria has been blacklisted on PayPal. |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 1:37pm On Sep 03, 2018 |
tactmayor: I think you can pay using MasterCard. They'll convert it for you |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 10:20am On Sep 02, 2018 |
Time2Smile: Good morning boss. I've been following your progress thus far. Please can you spare few minutes from your tight schedule and peruse my SOP which I intend submitting on 5th of this month. Thanks. Robinson Ezehrobinson@gmail.com |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 10:18pm On Aug 03, 2018 |
Ezehrobinson: Hello bosses, I finally wrote the GRE yesterday. Here are my takes/advise for forthcoming test takers; Determine the score you aiming for: This can be determined if you have established communication with the school and have convinced them with your other profiles; LOR, SOP, CGPA, etc. Identify your weakness and work on it: You will probably have few months to prepare for the test. The volume of materials in circulation might overwhelm you. The best way of overcoming this is by taking the Powerprep 1 (Diagnostic test) before setting out to study. This will review to you areas you are lacking and need to focus on during your study Having identified your weak areas, study that topic using Manhattan 8 series (for quant) and afterward, solve all the questions in 5lb. Yes, solve ALL. MAKE I NO LIE, THE QUANT WAS HARDER THAN ALL THE PRACTICE TEST I TOOK. Take heart, you go overcome For verbal, Official guide will be ok for TC and SE. Revision of Barron 333 will be cool. The most important is the amount of vocabulary you have built over the years. For passages, study crunchprep strategy on acing passages. Since I’m not a fast reader, I decided to first answer all TC and SE, then utilized the remaining time to reading all passages with exception of the long passage. My idea was; try answering 12 questions out of 16 rather than rushing to attempt 20 questions and score below par (I sha ticked an answer for the long passage as no be negative marking). This my model was applied to the first verbal section. The second session does not have long passage, so I gave preference to those passage that had more questions in this session Finally, two days to the exam I realized that my verbal was no longer improving, I decided to work more on my quant. My matra was. IF YOU CAN’T STRENGTHEN YOUR WEAKNESS, STRENGTHEN YOUR STRENGTH. At the end of the day, I was able to achieve my target score and went home happy So Spring 2019 is getting set 2 Likes 1 Share |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 6:12pm On Aug 02, 2018 |
Hello people, I wrote the GRE today. It was really an experience. Will give full detail later |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 6:01pm On Jul 14, 2018 |
shakaz: Ok. I'm not planning to use them for verbal. Lotta peeps advised against them when it comes to verbal |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 5:48pm On Jul 14, 2018 |
shakaz:Quant |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 5:13pm On Jul 14, 2018 |
Good day all. Please someone should reassure me that the actual GRE quant is cheaper than 5lb practice question. The drilling is too much |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 1:16pm On Jun 18, 2018 |
Quoran: I very much agree with you. GRE is a leeway for we Nigerians to easily get US schools. Come to think of it, it they scrap GRE, they assessment will be skewed against us; professor's bias and not too good research skill. |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 1:15pm On Jun 18, 2018 |
Quoran: I very much agree with you. GRE is a leeway for we Nigerians to easily get US schools. Come to think of it, it they scrap GRE, they assessment will be skewed against us; professor's bias and not too good research skill. 3 Likes |
Education / Re: How To Achieve High Scores On The GRE by Ezehrobinson(m): 5:17pm On Jun 12, 2018 |
AlphaPen: Boss, someone once got a similar deal in Saudi on this platform na. Well, its grace |
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