Anyone who supports shutting down energy (electricity, gas, petrol) is an economic terrorist.

Imagine hospitals without electricity and diesel, or hotels, airports....lots of houses use boreholes and now won't have either electricity or water... businesses will suffer.... self-employed small businesses such as hair salons and barbershops and people selling frozen goods will lose.

This is an unconscionable act of pure evil.

Tinubu is insulated from the effects, by the way.

The most unproductive civil workforce wants a massive paycheck

Theater.

They'll resell it to cronies

BlueStripper:


Because they choose to continue in the path of your ancestors. It takes a broke man to identify another broke man.

I see.

Great.

My poor ancestors.


I heard yours didn't do well too, with so much incest that your generation is effectively a pack of feral destitute mutants scavenging off scraps.

BlueStripper:
Hard Work Pays.

Why are bricklayers broke?

Hey, that's Righteousness2's mother

ShenTeh:
My Taiwanese colleague was on that flight. She is pretty shaken even now.

All these nairaland liars sef

Ogbuu101:
Fulani terrorists seeking to sack indigenous populations in the Christian middel belt and take over their lands have now been baptised bandits

Lols Wase is predominantly Fulani and Muslim.

2aces:
Sometimes it feels these western powers are just acting a script at the expense of millions of lives.

Aren't they?

They didn't become powers by playing nice and fair.

Saw the video.

He deliberately shot himself

Certified idiot

careidon:
Why can NERC simply allow individuals but these meters themselves?
They tried customers paying to DISCOs, it failed.
They tried MAP or appointed suppliers, it failed...

Because meters, however acquired, belong to the Discos by law. Even under the MAP and CAPMI schemes, customers get refunded with energy credits so Discos end up owning the meters.

If a customer buys and keeps the meter, it then violates this provision. It's not a perfect industry, and i don't support the tight regulation, but it is what it is.

Everlastingson:


You say no money to buy meters but people are paying to Dicos for meters. We got our prepaid meters coz a director in the State Civil Service was involved. But I know some person who paid for over 3 years and are not metered still. Are you denying that Discos collect money from people in the name of giving them prepaid meters?
Who are you trying to deceive? You pretend you don't know what's going on. In the first place are we supposed to pay for the meters, since it remains NEPA property?

Meters are sold under the Meter Asset Provider scheme. The money does not go to the Discos, it goes to the MAP vendors who may or may not have meter stocks. Also, if not for recently, meter prices were set by the industry regulator.

So your money was not held up by the disco nor was the disco the party responsible for installing the meter.

Everlastingson:


If your claim is true why then do DISCOs not want to meter people, even after paying for meter?

1. There's no money to buy meters. Discos have no lines of credit so what are they going to buy the meters with?

2. Customers bypass majority of the meters, compounding the losses

jmoore:
I stay in Aba. The hype that came with the commissioning of geometric has not lived up to expectation. Only few areas who are in the minority are enjoying regular power supply from geometric power station while the rest are under epileptic supply sourced via TCN.

About two weeks I went to a place near Ngwa road, Ogwo road, I noticed that Aba power has started free mass metering in areas that have been connected to geometric.

My observation is that DISCOs will not generate much revenue if all customers have prepaid meters when the power is epileptic and insufficent. They prefer estimated billing, because they can generate revenue for supplying darkness. But if power is sufficient and stable, they will do free mass metering to generate much revenue.

There are 3 shops in our compound that share a prepaid meter. About a month ago, their balance was 4.10kwh. The credit has not exhausted because of poor supply. If it was estimated bill, they would have spent 10,000 in just 2 months.

Nonsense.

Discos too are billed by the Market Operator and bulk trader same as customers are billed by discos.

Estimated billed customers don't pay the full billed amount because they dispute it. The Discos end up losing as the unsettled invoices end up in thd receivables ledger while the market demands minimum remittances that are often higher than the total collection.

If, however, the customers are metered, the Discos settle market invoices only according to what was consumed.

Therefore, discos lose more if fewer customers pay.

You people don't know what a mansion is

Gaudy and tacky

nairalanda1:


There is no socialist utopia either.

Years of subsidy for things are why we are here.

I'm not advocating for either socio-economic theory. I'm simply stating that capitalist economies are built on foundation of lies and deceit. Actually, many of the economies claiming capitalism are more socialist than capitalist.

nairalanda1:
Strong currency nations are nations that export manufactured goods and services, and allow the free market to operate

No country allows the free market to operate, not when they've regulations and tariffs to protect their local producers. It's all a facade.

The Idea of a capitalist utopia is one of the greatest hoaxes ever pulled on man.

Here's what she looks like without the filters and AI

NeckingNgulping:


You can't be right with this. £500 for groceries for a family of 3? People spend way less than that.

There are places you can pay a little less than half of £1,200 for rent. It all depends on the lifestyle you want to choose.

About your last paragraph, one have to confine their expenses within their income.

See Daddyjapan's response to me. It's the same £500 for food. Sure, you can penny-pinch and starve a bit to eke out more savings but the scenario i gave is for an average decent family

And rent is going up

obaidan:

I want to point some things to you. Will their annual household income forever remain on 40k? Are there no opportunity to change to better paying jobs or get promoted to higher-paying roles within the same company? and Lets go by this your calculation, even if all they have left to save as a family is £200 for fixing something back home, is it not something for being on minimum wage jobs? But my major argument with u is this, will they be on minimum wage forever? Do they have jobs in Nigeria that will have them save 500k every month for investment or building project? When they were in Nigeria, did they have budget for gifts, entertainment. If NO, why is it now suddenly important because they are in UK.

Year over year wages grew in real terms by only about 3%. The NBS says wage growth is slowing, not even stagnating.

Bear in mind the UK economy has been shrinking since Brexit (hence the recent immigration laws) and the outlook is quite bleak. GDP growth is near zero for the past 2 years. The Pound is not a well-performing currency and the BRICS shenanigans will make it worse.

So your point does not account for the cost of living in the UK; you're just comparing purchasing power between the pound and the naira which is faulty reasoning: you're not using UK currency to live in Nigeria, you're using it to live in the UK. You can't save £200 from a monthly non-net £618 when you factor all the other costs of living outside the amount i calculated.

Stop comparing Nigeria to UK and consider the UK alone and the average wages vs cost of living.

NeckingNgulping:
You can't compare Nigeria to UK. There in UK, you have value for your money no matter how high is the tax and deductions. I'll go there any day, any time.

Average monthly rent in UK is £1,200 (london x2 that amount), average utilities is £200, £35 for internet, phone around £40, groceries around £500 monthly for a family of 3, and average bus and tram pass (for 1x person) for a month is £100

That's £2,075

Given the average annual salary is £40,000 for full-time jobs and the monthly net is averagely £2,693, your leftover is:

£2,693 less £2,075 = £618, or £20 per day.


This doesn't include clothing, toiletries, movies, haircuts, gate passes, rentals, health, insurances, entertainment, savings, gifts, etc

They really should stop calling us "the masses" or "the common man". It's elitist and insulting.

They're civil servants who work for us, not our overlords. It's time those useless civil societies protest this demeaning classification.

Band A @ N225 has been reviewed downwards to N206 effective immediately.

kings59:
A mother is the subject, her daughter is the object, because = is the emphasis, she was drunk was the reason for the action.

Her daughter was drunk.

He threw the fruit away because it was bad.

"It" is clearly the object.

The pronoun "she" can refer to both the subject and object as they're the same gender, so the answer is largely dependent on the context of preceding or proceeding information.

AqualinaXYZ:
Tinubu is the most useless artifact alive





Useless bed wetter

Artifact? You're too kind

Relic, he is.

IamANigerianMan:

Nothing smoke screen here, even in a developed countries a notable business person cannot be humiliated like that, if it is America FBI provide security for him, FBI don't follow him about but they tell him or advice where and where to go.. Go and search Google, he is the richest youth in Nigeria today, no country humiliate such people... Thanks don't argue out of ignorance.

You're disgustingly wrong


Fortune 500 CEOs and other notable business types have been arrested, handcuffed, and jailed.

See:

Enron
WorldCom
Alameida Research
Theranos
Bernard Madoff Securities
Binance
Rite-Aide
Qwest
Adelphia
Martha Stewart Living
Tyco

...and many others

LeeSmart:
Let's have it....

Mine. This word "QUEUE".......... like seriously what sort of spelling is this, who came up with it?

You think?

Try Irish then.

Caoimhe is pronounced "keeva"

DMerciful:
How did Buhari who was hitherto seen as a man of integrity ran a government of kleptocats?

He was an inept kludge

Nothing good ever comes out of Kogi

Jashub:
How does this information change the poverty in your country . Learn to mind your business and perhaps God will change your destiny

But you're not minding your business too.