NNPC to neutralize fuel scarcity tomorrow Wed 6th May, Lagos

419, Automobiles, Escapades, Lagos, Places, Transportation, driving, injustice, military, situation report, traffic 2 Comments »
Is that what you're saying too?

Is that what you're saying too?

It’s been a week already and NNPC has publicly declared that Filling Stations will ’smile no more’ come Thursday. Before you begin jumping up, News around is that the number of trucks loading fuel in Lagos has reduced from 180 to just 20. NNPC had better be telling me the truth. Methink they’ve just postponed another week of suffering and we can only suffer, smile and say thank you (more like UP – NEPA! - ring a bell?). Fuel scarcity is the Holy Grail of most Gas stations, they fast, pray, hope, believe and long for it, if they don’t get it, they create it. They need catalysts or some little assistance in the form of rumours at least and capitalize on it, the resulting mixture was what you saw some weeks ago. Honestly, I got tired of capturing those ugly scenes (not because they almost attacked me and nearly beat the building manager up, I’m not making this up, they brandished AK’s but for the defiance of the building manager) and black marketers lining up the roads with red, yellow, green and pink coloured fake, original or lukewarm petrol. I still did not buy from them anyway. I got full tank on Friday morning, at 70 naira per litre on the mainland and still have about half tank left in there.

With the current Rebrand Nigeria (a topic I’ve been avoiding since inception) adverts and announcements all over the radio, papers and everywhere, it was a perfect time to test the faith of Nigerians, Lagosians to start with. Like the advert said, insist on first-come first-served, join the queue bla bla bla (is it easier said than done). Check out the people shunting the queues, forcefully, with sirens, uniform, koboko, bulala and AK’s (I no dey point fingers) – they probably need no re-branding like we do. Dora, are you reading? :)

This is what happens at filling stations now. The gates are closed and only one “fine-tuned” Machine works. This Pump has been badly programmed to cheat you, giving you about 7 litres instead of 10, but that’s no rip-off compared to Item number 7. Now to get into the gates (of course from the entry point, you pay the Agbero fee, about N100, then the gate fee, N50, to get in through the EXIT point, you pay N2,000 flat so you’re worth 20 stingy cars – all rebranding Nigeria). You then wait your turn as only one machine sells to hundreds of angry, impatient and unfriendly people. 3 dedicated people sell to you. 1 holds the nozzle, another determines whether you sell to cars, okadas, jerry cans or the powerful ones who come in through the exit, the last one holds the calculator and collects the money for the transaction. Okay, before the attendant fills your hungry tank, you pay N200 (sometimes N200 per N1000 sale) then they sell to you between N70 and N120 per litre. You look at the meter, not at the price because the calculator guy will tell you how much you are to pay as the machine might still be reading N65 per litre. You pay and deal is done. They are so honest they won’t ask you for tips, you drive out angrily cursing your luck, the government, the marketers and anyone who crosses your mind at that time, but when you get to the tail end of the queue and see black marketers doing a harder rip off, selling 20 litres at 5,000 naira, then you realise you didn’t lose much. Then you run into traffic in broad day light, it’s full tank so you decide to feel some A/C then you get home and read the papers and read about Ekiti Politics and ReBrand Nigeria. You shake your head and smile (in suffering), start your generator and think about tomorrow. Lasgidi babe.

If by 7th of May, 2009 queues are still this long, I’ll tell you what probably came up. But until then, I’ll be discussing -

Ebenezer Ajayi, killed by men of the force for wearing Camo and dumped at Area G, then Pen Cinema. http://thenationallife.com/2009/04/19/killed-by-soldiers/

Lagos Agents, house rents, land lease and property development scams.

The task force, clearing of Oshodi, Yaba and other major markets and progress report.

The Crash Helmet (better known as Element) and Lagos Okadas.

Lagos and the swine flu scare.

Meanwhile I’m presently reading the Ebola Monkey Man’s 419 archive http://www.ebolamonkeyman.com/fanpage.htm, much similar to that of 419eater.com and 419baiter.com join me.

It’s 5:00pm, Arsenal Versus Man-U coming up soon but before then, you must fight through traffic. Wish you all the best.

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Lagos Report: EFCC arrests Diamond Bank Managers over dollar fraud

Credit crunch, Currency, Economy, Lagos, Nigeria, banking, jobs, situation report No Comments »
Would you rather have the Cedes

Would you rather have the Cedes

LAGOS, Corporate Corruption: Wonder why the naira has struggled to make an impact against the dollar? In the news today, the EFCC has moved to arrest all the Diamond Bank Managers involved in the International Passport – visa dollar fraud. Since banks are supplied hard dollars from CBN to be sold to people with Valid Visas and tickets, some Bank Managers used this opportunity to their advantage. These managers make photocopies of these documents to back up such transactions (they were reportedly apprehended with a couple of fake and original passports in their possession) and then sell the dollars at killer rate to the Black Marketers. The dollar which sold at 202 naira sometime in March had risen against the naira due to high demand resulting from artificial scarcity of the dollar in banks.

EFCC arrests Diamond Bank Managers over dollar fraud

It is worth noting that this could mark the end of the careers of these managers, at least in the Banking Industry. Hopefully, this development should strike fear into the minds of defaulters and we can start to dream of 120 naira to a dollar again. Maybe I can comfortably return to school, and prices of inflated items can fall (na dream?)

What determines the naira-dollar exchange rate?

Why’s the naira so weak against the dollar?

Ps: The second part of the Lagos Traffic Laws will be out unfailingly today.

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Google beats Yahoo to top Alexa Ranking again, Dollar also reach all time high of 202 naira!

Credit crunch, Economy, Escapades, Internet, Lagos, Life, Technology, jobs 4 Comments »

Deviation.

Give it up for Google!

Give it up for Google!

Poor Yahoo

Poor Yahoo

I decided to check some Alexa rankings today, having done the same on statsbrain.com last week. Sometime last month, Google topped Yahoo on the charts and I took it for granted only to return the following day to see Yahoo! Back on top. With Google acquiring and buying startups of all sorts, I knew it was only a matter of time before they overthrew Yahoo. Is Yahoo bowing to the Credit Crunch (they must be all over Obama’s face right now)?. Another thing I’ve noticed so many bots now use gmail or better still mail.google.com. In the past, yahoo was more bot friendly. Also feedburner moved to the google domain… The long and short of it is that Google has done all within it’s power to attain the status of the world’s MOST VISITED SITE and is likely to keep that for a while, or maybe permanently. Will Facebook be the next threat? Or Youtube? Or Twitter?

Okay let’s wait and see.

By the way, the dollar closed at an exchange rate of 202 naira as Mey Dollars enjoy the “festive” period while it lasts. They buy from you for 185 but sell for 200 naira as dollar becomes increasingly scarce. Mixed fortunes innit?

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