One thing you should do constantly on #TwitterNG is to have enough sense to learn, because you will never know everything but you can learn about everything.
What did Buhari's NNPC action mean? Is it PRIVATIZATION or COMMERCIALIZATION?🤣
Like them, hate them, Buhari/Osinbajo ticket is the best deal Nigeria has ever gotten in that office in Aso Rock & this present 9th Assembly is the best deal Nigeria has ever gotten in its democratic era since 1999.
What @MBuhari did with @nnpclimited will be part of his LEGACY.
So NNPC (Nigerian National Petroleum Corporation) is now NNPC Limited (Nigerian National Petroleum Company)..
It was like IMPOSSIBLE for 20 years now, then Buhari did it. What did he do to NNPC in laymen terms? He did what I simply call UBER-NIZATION of our family property🤣🤣
200 Million Nigerians as a family has this nice CAR they use called NNPC. It is our property but the usage is being abused by the few privileged ones in the family. Sometimes, they take it to night club, messed it up & still asked our family to repair the car & pay the driver.
Since our previous heads of family were also enjoying the abuse of our common property, they wouldn't do anything to change the abuse of the car even when we've said it severally in the family house that something must change in the use of this CAR for more than 20 years...
One of the intending family heads said he would kuku sell this our family car so that we will not be wasting our family budget on it....The problem was that just like the previous family properties he sold, Akotileta said he would sell it to his USUAL friends that underpaid us🤣
The last time Atiku had opportunity to be part of the heads of the family, he sold one of our cars (ALSCON), the car was worth $3.5 billion, Atiku said he made mistake & sold it for $250 million when there were others who wanted to pay billions.
You no go lead this family again!
That is why Baba Obasanjo under whose watch Atiku sold (privatized) those cars said God will not forgive him if he supported Atiku to still be head of this 200million family o...
Baba @atiku, you no go lead this family again o, no waste your time....
After 3 decades, Buhari didn't just set up reform about #PIB, he signed the bill into law & that forever shall be an all time achievement.
If SETTING UP REFORM was your standard of past achievement, pls UPGRADE your standard, Buhari had MOVED IT UP.
So which approach is Buhari take? He said we'll not SELL (PRIVATIZATION) this family car, we'll not allow few privileged family members to keep messing it up, while we still spend family money on it. We'll use it to do UBER (COMMERCIALIZATION) while still having it as 100%🕺🕺
So, Buhari (APC) did not PRIVATIZE NNPC Ltd o, they COMMERCIALIZED it.
PRIVATIZATION: The transfer of a business, industry, or service from public to private ownership and control.
COMMERCIALIZATION: the process of managing or running something principally for financial gain.
Meaning: This NNPC Ltd still belongs to 200million Family 100%. But any member of the family will not be able to take it to naming ceremony, nightclub or religious service for free like before again...
We go use am do UBER (commercialization), UBER driver go give us our money!
UBER drivers will be using the car for COMMERCIAL purpose, they'll not wait for our family meeting before they use the car, fix or change any part of the car again...
But that car you see with UBER driver still belongs to our family 100% this time around. Na COMMERCIALIZATION!🚶♂️
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The story of Dangote Refinery & the need to ALWAYS have sensible LEADERS like Lagos State will forever remain a huge lesson....
Lagos makes more money by having SENSIBLE LEADERS who keep building on the achievement of the past leaders.....
Dangote Refinery: How Lagos Profited From Rivers, Ogun, Ondo’s Losses written By Abiodun Alade in 2023
Lagos was the cynosure of all eyes as it hosted former President Muhammadu Buhari, five other presidents, ambassadors, captains of industries, government officials and other international dignitaries at the commissioning of the Dangote Refinery and Petrochemicals in Ibeju Lekki.
The 650,000 barrels per day refinery is the largest single-train petroleum facility in the world. It would enable Nigeria to achieve self-sufficiency in refined products and even have a surplus for export.
Africa’s richest man and the president of the Dangote Group, Aliko Dangote, disclosed that the newly commissioned refinery would employ over 100,000 Nigerian youths, as well as generate over $21 billion, saving the country some huge forex that would have been used for fuel importation.
The Dangote Refinery and Petrochemicals is located at Dangote Industries Free Zone, which also houses, among other things, a fertiliser plant, purpose-built port, Dangote jetty, 435MW power plant that is able to meet the total power requirement of Ibadan distribution company, covering five states, including Oyo, Ogun, Osun, Kwara and Ekiti.
During the commissioning, Dangote appreciated the Lagos State Government and its successive governors for the resolute facilitation of enabling business environment, which he noted had made him to invest over $30bn in various industries in the state economy.
“Those who have made Lagos their home will testify that since the beginning of the current democratic dispensation, the government of Lagos State has been exceptionally remarkable in its commitment and support for the private sector,” he said.
However, the biggest private investment in Africa was not initially designed to be built in Lagos State, the commercial capital of Nigeria, but for providence and unfriendly policies by some states, especially Rivers, Ondo and Ogun states, whose indigenes are counting their losses as Lagos makes gains.
Let's assume we want to be more focused than the comedians leading the NLC at the moment, what do you think the MINIMUM WAGE should be in Nigeria?
I align with N100K but, we will have to look at the implication of that even at N100K
Thread🧵
If The labor force in Nigeria was estimated to reach over 75.5 million people in 2023, it means labor force now should be tilting towards 80 million Nigerians...
Out of this 80 million, ~2 million are engaged by the Federal Government. No State Govt has workforce above 250K.
Calling State Govt workforce 250K is just a generous assumption for the purpose of this article, assuming 250K on the average for 36 States and FCT, we will be talking of less than 10 million workforce.
Workforce of FG & the States is less than 12 million out of 80M labor force.
NBA Videos I have so far...
Summary: NBA President Yakubu Maikyau has not been allowing THEM to eat the purse of NBA as their customs used to be, rather he was spending his own money and encouraged others to do same...
They hate such a man, they wanted USUAL CHOP-CHOP🤣🤣
Yakubu Maikyau was simply not playing game with "them"🤣🤣🤣
Lovers of Nigeria, make una judge this case o...
This is where we keep getting things wrong in Nigeria & I'll use myself as an example for HND holders.
I had HND in Physics with Electronics from The Federal Polytechnic Ado Ekiti, Ekiti State. I graduated with Upper Credit in 2003.
So let's assume I want to do TOP-UP to BSc using the platform provided by @NBTENigeria which is a Govt agency, I will have to do that in FOREIGN COUNTRIES with FOREIGN CURRENCY, pay $50 fee and another $1000 to a foreign Institute when we have more than enough options here in NAIRA already🤣🤣🤣
The question is, do we have THINKERS in these agencies of Govt or all they wake up to do is collect salary, present budget and enjoy life? Who formulates these shallow Policies and what exactly are they paid to do?
As in Nigerians are being encouraged by @NigeriaGov to put more pressure on DOLLAR/NAIRA that's already a serious economic issue.
Are we serious in this Country at all?
@KashimSM @officialABAT @femigbaja @NGRSenate @SGFAkume
Another funny thing about what @NBTENigeria is doing with this their conversion runs is that ALL the foreign Universities they are asking Nigerians to pay $1000 + $50 to are all PRIVATE UNIVERSITIES...
So, why not kuku make the conversion thing a Nigerian Private University relationship and ask people to pay the equivalent in Naira?
Do these people think at all?
And this exposes another error of our system.
I can assure you that all the Tertiary Educations Nigerians apply for outside Nigeria and they need to fill form in Banks to pay in foreign currency from our Limited FX are all PRIVATE FOREIGN INSTITUTIONS.
And we are crying that FX is dwindling or pressure on Dollar....
We are not serious as a people.