Still on Nigeria Air …. Let us connect the dots and draw the lines!
I am not saying it is a scam, Nigerians cannot be scammed.
I am not saying it is not a scam, PMB may not be aware.
I am only saying that “what we know about what exists” and “what we do not know about what does not exist”, …. may tend towards the usual and now perfected privatization scam
Remember how we ended up with NITEL, TRANSCORP, GENCOs and DISCOs? We were scammed! (more…)
Sadly, we, and government in particular, often conflagrate the establishment of a single firm with the development of a sector.
No doubt Aviation is an important part of the transport mix.
However, it is not a priority in an economy where trunk and feeder roads are impassable, the bulk of the railway system is moribund and waterways not navigable.
Our transport mix must first ensure we can move onions out of Kebbi, Rice out of Badeggi, fruit out on Vandeikya, Yams from Otukpo, Tomatoes from Kano, Palm Oil from Ohambele and so on, this is more useful to the economy than airlifting relatively elite passengers between cities such as Abuja, Porth Harcourt and Lagos. Aviation is important just not a biting priority for limited government funds. (more…)
A couple of these killers in Nigeria are cattle Rustlers.
If I had the opportunity to advise the President on the use of ICT to stop these killings, I will propose that we brand cattle with easily identifiable numbers, then later tag them with some RFID technology, but soonest.
In essence, a National Cattle Database. This will equip the police, Vet officials and those who need to know, the means of identifying stolen cattle just like you can now identify fake drugs.
Rustling will reduce extensively, we will be able to create and enforce some form of cattle tax, and probably open a more meaningful dialog for cattle ranching. We will have solved many problems, taking a very small step to start.
We must be pragmatic and stop sulking. We should not under-estimate the economic importance of cattle and its influence on the current level of conflicts in Nigeria today.
Go ahead, tell the President, Thank me later!
According to the Fuel consumption Statistics  published by the Nigeria Office of Statistics, the average daily consumption of PMS in Nigeria is between 41m and 52m litres per day. This was the statistics in 2016. It means that the total Annual consumption will be 365 x 41m, ie 14,965million litres, or simply put, 15Billion litres per year. The figure has now risen to 55m litres in 2018 .
At the current retail price of N145 per litre, it means the total annual expenditure of Nigeria on PMS is N2,169Bn or N2.1Tn. Is is therefore disturbing to read in the news that Nigeria spends N774m daily on fuel subsidy . (more…)
A Judicial commission of inquiry into the rot that is the moribund Ajaokuta steel company, openly televised like the famous Oputa Panel, will be a clear proof that President Muhammadu Buhari is determined and committed to fight the hydra-headed monster called corruption.
This is necessary in the light of the testimony of Ms Hadiza Natasha Akpoki to the House of Representatives, currently investigating the circumstances around the concession of the Ajaokuta Steel complex and the Itakpe Iron Ore plant. (more…)