
Malobi Ogbechie
444 posts

Malobi Ogbechie
@malobiogbechie
Panafrican Trade Expert
Nigeria Katılım Mayıs 2011
319 Takip Edilen125 Takipçiler

@Chaplexis @ARISEtv Where u want him to get the money for development?
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President Tinubu says Africa’s industrial future is being undermined by punitive global financial structures and unfair borrowing costs. ow.ly/pBVA106yo2r

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@FinPlanKaluAja1 Nigerians can afford higher tariffs, they pay more using fuel and diesel right now than if they were on band A. Citizens can also learn to manage consumption of electricity.
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I am not an expert in power, but this is my understanding. I would like to know whether power experts agree or disagree.
This is my summary
1. Nigeria needs massive investment in power infrastructure
2. Nigeria and Nigerians can't fund this investment because it's in USD; turbines and natural gas
3. To attract investment in Nigerian power, the tariffs paid by the Nigerian consumers have to go up.
4. Nigerian consumers can't afford higher power tariffs.
5. In other nations, the government will subsidize the power cost via subsidies, so that consumers can pay lower today but higher tomorrow as they boost consumption and investment due to power availability.
6. Nigeria also subsidized power to consumers via the Multi-Year Tariff Order MYTO); however, as the MYTO is winding down, the consumers' incomes have fallen, thus it's very hard to raise power tariffs
7. If tariffs don't rise, investors or $ won't come
8. If investors don't come, power generation and distribution will not improve, meaning fewer users of grid power and a higher average power cost.
9. The critical issue is the cost of power paid by consumers, and thus tariffs
guardian.ng/news/rising-en…
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@_airkongx @IgumaScott Oya now. Create your own moniepoint and pay staff 5m salary.
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@IgumaScott Yes but not all bro. Nigeria have a lot of employable youths. Is just that most dnt settle for less anymore u want someone with very high experience and yet u want to pay them only 200k. Weldone chief, use and dump strategy. Same Nigerias are running out and getting employed soo?
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@Dc_washington99 @IgumaScott Okay you want him to pay American salary whilst operating in Nigeria?
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@IgumaScott I know people who are working remotely from Nigeria for companies in USA and are paid handsomely.
I put it to you that Moniepoint pay is bad this is why he is unable to secure workers outside Nigeria for his 500 vacancy.
He wants quality but the pay will be substandard.
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@UniqueDevon @IgumaScott Oya now. Create your own monie point and pay people 1m salary.
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@IgumaScott Guy imagine working at Moniepoint company and your salary is 400k rent is 800k feeding day there oh and your transport dey there.. guy no human on earth will work for any company who pays 400k and their rents are 800k to 1m
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@Nairaexchanger @IgumaScott You literally proved his point. He said its the enviroment that causes it and you put that in your summary. Whole lot of words just to arrive at the same conclusion.
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O dear 🤦🏽. Mr Scott Iguma, am disappointed in your analysis.
Self hate is a serious problem in black culture. The same Nigerians many people dismiss at home move abroad and become respected doctors, IT professionals, engineers, academics, and business leaders in places like the UK, Canada and America.
Maybe I should start a YouTube channel highlighting Nigerians doing exceptionally well overseas. It raises an important question; that if Nigerians can thrive abroad, why do so many struggle within Nigeria itself?
A quick look through LinkedIn shows thousands of Nigerians trained in Nigerian schools now succeeding globally across medicine, technology, finance, and engineering. The talent was always there.
Nigeria does not lack intelligent or capable people. What we lack are systems that reward competence, integrity, innovation, and hard work.
Nigerians must reject this culture of self hate, as Nigerians are not the problem. The environment and systems often are the issue. Innoson Motor, Coscharis, Dangote, MTN. Nicon Hilton abuja and so many more companies are run by Nigerians.
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@ennyola0015 Why not just start your own distribution company?
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@UgandaChamber @humfas @nextradio_ug @MEMD_Uganda @TotalEnergiesUG @UNOC_UG @AshabaA @PAU_Uganda @GovUganda @OldMutualUganda @NankabirwaRS @PNyamutoro @Patricia_Litho Looking forward to this.
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Happening now: @humfas
CEO, Uganda Chamber of Energy and Minerals live on @nextradio_ug #NextBigTalk , discussing key issues ahead of the 11th Annual Oil & Gas Convention #OGC2026
Under the theme “First Oil: Fulfilling the Promise, Forging the Future,” sharing insights on Uganda’s progress and the road to First Oil.
Tune in now and be part of the conversation
Hosted by @CanaryMugume Seize the opportunity. #UCEM @pmuliisa21


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Malobi Ogbechie retweetledi

It’s the price of being in the arena. You will look stupid at some point to someone/some people. If you’re not willing to pay that price, just sit at home. But to sit at home out of fear of looking stupid and then dedicate one’s time/life to calling out the stupidity of those in the arena is loser behavior and anyone who’s ever built anything can spot the loser stench from a mile off.
Toyyib✨@RitoleeXX
@jadeosiberu It's also okay to admit that if you look stupid while at it, it's one of the perk that comes with it.
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@Nairametrics Nigerias problem is fiscal and now we have a fiscal expert that revolutionised out tax system. Round peg in round hole!
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Malobi Ogbechie retweetledi

Tinubu sacks Wale Edun as coordinating minister of the economy, a day after his birthday👀
Nairametrics@Nairametrics
BREAKING: Wale Edun out as Tinubu elevates Taiwo Oyedele to Finance Minister
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@FinPlanKaluAja1 First govt to make Nigeria net exporter of petrol.
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@HUNeeyB @Nairametrics Is he God? You want him to say will hit ba? 🤣
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@Nairametrics “May hit”??? No certainty. Imagine not being able to take advantage of global crisis that we should be benefit from? Russia/Ukraine- no gain, Israel/US/Iran- no gain. We, the masses only feel the negative impacts. What a shame.
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@ParallelFacts Do you know what commissioning means? Was Dangote refinery running when it was commissioned? My people suffer due to lack of knowledge.
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EXPOSED: Tinubu-Inaugurated Bayelsa Power Plant Yet to Generate Electricity After Commissioning parallelfactsnews.com/tinubu-inaugur… via @ParallelFacts
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@ritaachanya Y'all just come on the internet to complain. U have any idea how much nasarawa gains from taxing mining operations?
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Your politicians will sell your resources out to Australians.
Australians will use it to develop their land. You'll now go to their embassy and beg for visa.
They'll give you.
You'll now leave all your family and friends in squalor and go to labour for their economy.
😭
Nigeria Stories@NigeriaStories
JUST IN: Chariot Resources Limited, an Australian firm, has announced the acquisition of six lithium mining licences, marking its entry into Nigeria’s 🇳🇬 lithium sector.
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@peculiarpat1 U kinda completely didnt reference the post you were reacting to. Your response literally has nothing to do with what Akpabio said.
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Here are facts:
This speaks to the fact that our leaders are by far unaware of or probably pretend not to be aware of the suffering of the vast majority of Nigerians, including the majority of their supporters.
According to the Finance Minister, only about 5% of Nigerians have savings of ₦500,000 or more in their accounts.
Nigeria’s minimum wage is one of the smallest in the world. In fact, Nigeria is among the top 10 countries with the lowest minimum wage in the world.
According to the World Bank, there are about 140 million Nigerians living below $3 a day. Yet, our number one lawmaker says that Nigerians once begged to buy fuel at ₦10,000. How many Nigerians can afford it at that rate?
Again, the near-total unawareness or pretense of our leaders regarding the real realities of the majority of Nigerians is one of our greatest problems.
Instablog9ja@instablog9ja
“There was a time Nigerians were ready to pay N10,000 per litre, but fuel still wasn’t available” — Akpabio
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@afrisagacity Well technically if he removed those subsidies, he has more money to pay back the loans. Loans arent inherently bad. All governments take loans.
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@elonmusk Why not leave South Africa alone? They clearly dont want your business.
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