The Electricity DisCo Law: Lower supply, Higher revenue
Over the years, DisCos supply of electricity to their customers was never proportional to the revenue they got off their customers.
Over the years, DisCos supply of electricity to their customers was never proportional to the revenue they got off their customers.
Nigeria’s corporate businesses performed best in 15 years in Tinubu’s 3 weeks old presidency, but the inflation rate hit hardest in 17 years during his first week.
Thus while the Nigerian Navy is known around the world to be useful in combating illegal fishing in their country’s territorial waters, they are not known for combating illegal pumping of their country’s crude oil through illegal pipelines to vessels on the ocean.
Under Nigeria’s current minimum wage law, persons working in Micro enterprises would not be eligible for any minimum wage increase, because Micro Enterprises employ less than 10 persons, according to the National Bureau of Statistics (NBS) classifications.
Currently, President Bola Ahmed Tinubu ranks among the 45 oldest presidents among 187 presidents of countries in the United Nations, going by the recent Pew research.
When we speak of Nigeria as comprising of Hausa, Yoruba, Igbo, and other ethnic groups and believe the politico-economic power struggle is really between these 3 named groups alone, do we not unconsciously refer to others as dots on a piece of paper?
Despite Buhari’s austere economic policies, growth in output was reduced to record levels, and inflation and unemployment skyrocketed to unprecedented levels, with Nigeria earning the ignoble status of the poverty capital of the world under Buhari.
While Buhari struggled to manage human rights abuses that peaked under his watch, the level of abuses the people suffered, whether they survived or were smothered, exceeded the average levels of abuses suffered under Buhari’s predecessors.
Dataphyte Research noted that “In 2021, One million, One hundred and Nine Thousand, Six hundred and Twenty-one passengers (1,109,621) arrived the country, while One million, One hundred and Nine Thousand, Five hundred and Twenty-Five (1,109,525) passengers departed.
This sampled street evidence seems to contradict the expected higher emotions of sadness and depression among Nigerians, going by the extent of bad events reported on conventional news media and social media.
With zero as the lowest place and 10 the highest level of happiness, Nigerians score themselves 4.98 in the 2023 World Happiness Report.
This is it: All over the world, the price of petrol, diesel and kerosene are relatively close. Petrol has the highest price, followed by diesel and kerosene. In short, petrol is the costliest and kerosene is the cheapest.
Let’s just call the $800 million ‘funding from a lending organisation’, and we arrive at a ‘loan grant’, a safe way to make peace.
Strange bedfellows orchestrated his defeat to General Muhammadu Buhari – a palette of opportunistic politicians of every hue under the heavens who invented the All Progressives Congress (APC).
An examination of one of Tinubu’s recent speeches reveals the triple trouble on top of his subconscious mind – food insecurity, martial insecurity, and interethnic insecurities.