Please Bihari.. Do not over reach.. Have you checked your life battery.. Extra life and power ups no dey this game ooh

A

[size=48pt]how does this find the chibok girls?[/size]










#EwuCattleRearer

please pardon my curiosity. Is GMB's convoy still stopping for the Traffic lights in FCT since May 29th as was celebrated earlier?

koligs:
Now president buhari can stabilise oil prices
A million likes for this great man abeg....

If GMB wants to be Minister, there is no problem. But he must face senate screening. Appear for Budget defence, probes, public hearings etc

teebaxy:
Sir, there won,t be any iota of distraction since petroleum is our attraction.

Thirdly, our oil sector requires regular audits/Probes. This is difficult when a President is Minister. He can't be a Judge in his own case.

Dannyset:
For where?
Well, am not a lawyer, but I think the Constitution does not allow him to be another President alongside being the Executive President of Nigeria. But if the constitution allows it, I think its going to be a distraction and we can't afford that at this critical period.

You're confused. Why then do we have presidents that head regional and sub-regional bodies like AU and ECOWAS?

kimond101:

Too much responsibilities on his head to start heading OPEC.
My opinion is for Buhari not to accept being the president of OPEC if nominated.
The major challenges Nigerians are facing needs to be addressed (insecurities, unemployment and corruption).

Loads of haters would talk regardless

does he have option? No,he doesnt. Deziani is the president and she is no more a minister, so PMB will take over from her.

Remember that PMB will stabilize world oil price, that will be good to start with...

Shoro niyen

SeverusSnape:
I love this news, Now the dullard can stavilize world oil Frice, thereby making a Naira equal to a Dollar.

[size=14pt]"Dezianni Allison Madueke cannot be PROSECUTED because she is OPEC President" [/size]- Those Olori'pelebe.


Now that #SaiBaba is set to become the OPEC President, What will save Dezianni Madueke from going to Prison?


Choi! Some Olori'pelebe peeps are already crying and wishing that PMB will just not wake up from his sleep today!



Lastpage!

By Bassey Udo:

Minister of Petroleum, Diezani, Alison-Madueke

Subsidy payment was reinstated in spite an existing presidential directive against it. And targeted consumers didn't benefit from scheme

The Kero-Direct scheme initiated by the Nigerian National Petroleum Corporation (NNPC) in July 2011 to help distribute household kerosene (HHK) to consumers nationwide may have been a scam to defraud Nigerians and extort money from the Petroleum Support Fund (PSF), the House of Representatives Adhoc Committee on Fuel Subsidy Probe has said in its report.

Under the scheme, which enjoyed the full support of the Minister of Petroleum Resources, Diezani Alison-Madueke, the Pipelines and Products Marketing Company (PPMC), a subsidiary of the NNPC in charge of petroleum products marketing and distribution, provided the product sold to end users at N50 per litre using the facilities of an independent marketer, Capital Oil and Gas Industries Limited.

But the committee said the scheme was not only implemented in defiance of a subsisting presidential directive removing kerosene from the subsidy regime, but also designed in a way the product would not get to the target beneficiaries at the approved price.

The committee found that the product, which was supposed to be distributed to consumers nationwide at the subsidized price, sold only at the 36 NNPC mega stations out of over 24,000 retail outlets across the country.

Outside the mega stations, the committee said there was massive diversion of the product, which was resold to consumers at between N130 and N150 per litre in the open market, because the NNPC chose to use operators that did not have the outlets to handle the distribution.

Consequently, the committee has asked the NNPC to refund the over N310.42billion deductions it took illegally as subsidy arrears for kerosene supplied in 2009 and 2010, pointing out that this was made in spite of a presidential directive specifically addressed to the minister, who is also chairman of the NNPC Board of Directors.

“The Committee could not find any reason why the minister, if convinced on the need to reinstate subsidy on kerosene, did not take any action on that, instead of condoning the illegal payments,” it said.

It was gathered that late President Umaru Musa Yar’adua had in memo Memo No. SH/PSP/24/A/819 of June 17, 2009 to the Minister of Petroleum Resources directed that subsidy on kerosene be removed, as the continued payments by government did not get to the intended beneficiaries.

In spite of the directive, the NNPC reportedly pressurized the Pipelines and Products Pricing Regulatory Agency (PPPRA) into processing the payment of subsidy arrears on the product, despite that consumers hardly got the commodity at the controlled price in the open market.

“When the Ministry of Petroleum Resources discovered that the removal of subsidy on kerosene was not expedient, it should have gone back to the President for the vacation of the directive,” the committee noted in its report. “Having failed to do that and with the evidence that the product was never sold at N50 (apart from the 36 mega stations) since 2009, there was no basis for seeking any vacation of the order in 2011.”

The committee also criticized the agreement entered into with Capital Oil & Gas Limited for the use of its tank farm to store about 94,330,030 litres of products, which was later confiscated and sold off by the company to recover a nine-month storage fees debt by NNPC.

http://shaharareporters.com/news-page/petroleum-minister-alison-madueke-indicted-over-n310billion-illegal-subsidy-payment-kerose


See How Dezianni Allison Madueke robbed poor Nigerian masses of kerosene?
No wonder she is able to buy a private Jet
Jail awaits her


Lastpage

it will be a difficult tax for PMB because 4 him to be the President of Nigeria and also President of OPEC it something he as to tink abt

koligs:
Now president buhari can stabilise oil prices
A million likes for this great man abeg....

Wont that be an extra workload on him?

Alot to handle(insecurity, corruption, unemployment, stabilizing the economy) he berra do the needful and stop poking n jumping like a house.

No offence taken

Jarus:

You're not a lawyer but a Mumu.

Looooool!
Jarus, take it easy.

kimond101:

Too much responsibilities on his head to start heading OPEC.
My opinion is for Buhari not to accept being the president of OPEC if nominated.
The major challenges Nigerians are facing needs to be addressed (insecurities, unemployment and corruption).

Loads of haters would talk regardless

IT IS AN ONGOING POSITION. HE DOES NOT NEED ANY NOMINATION. I AGREE WITH YOU THOUGH, WE HAVE OTHER PRESSING ISSUES SO STEPPING DOWN WILL NOT BE A BAD IDEA THAT IS THE RUMOUR IS TRUE.

Even without a certificate. Someone pls help out.welcom to d republic of d zoo

saint047:
If GMB wants to be Minister, there is no problem. But he must face senate screening. Appear for Budget defence, probes, public hearings etc

He was ones there so there isn't anything to worry about....

koligs:
Now president buhari can stabilise oil prices....

UnknownT:
Now he can stabilise oil prices

eleojo23:
Wow! He will finally get a chance to stabilize world oil prices.

Reddit:
Wooow baba plan of stabilizing global oil price is really coming to past.

soe:
Chai

Now he can finally stabilise oil price oo...

20bc:
...Its time for baba to stabilize oil price

Ignorance is bliss.
How did the 'oil price' fall in the first place?
You have no idea.
Yet, you think just the 'OPEC' president can persuade the 7 countries that exports more oil than Nigeria to increase their prices and risk losing their consumers so that his 'poorly thought over' promise to Nigerians can be fulfilled? Those who knew how the system works simply laughed at the idea.
It'll be particularly interesting to see how he will 'force' Saudi Arabia that exports over three times what Nigeria exports or 'persuade' Russia (that aren't even members of OPEC) that exports over two times what Nigeria exports to increase their prices collectively to the detriment of their economy.
If it were possible, didn't you reason that Diezani would have done so for with more money would come more benefits?
It's quite appalling that these opinions are being advertised 'on frontpage' to citizens of other countries, making a mockery of Nigerians' collective intelligence.
Mods should look into 'Damage Control' as another reason to screen comments.

He should fulfil is responsibilities as president of Nigeria first

brainless opec president if na joke make dem stop am

Ha! I dey laff. He berra not.

How can he handle both post. This old senile man is greedy. I see disaster on the way. God help us

[quote][/quote] "I love this news, Now the dullard can stavilize world oil Frice, thereby making a Naira equal to a Dollar."

@ SeverusSnape

You are a true definition of DULLARD.
My advice for you is to go back to school ( a better school) if at all you have attended one.

But let me offer you a free tutorial as a quick measure to correct your ENGLISH

1. It is stabilize not "stavilize"
2. It is price not "frice" as you pu above.

WORTHLESS ILLITERATE!!!

BigBro:
"I love this news, Now the dullard can stavilize world oil Frice, thereby making a Naira equal to a Dollar."

@ SeverusSnape

You are a true definition of DULLARD.
My advice for you is to go back to school ( a better school) if at all you have attended one.

But let me offer you a free tutorial as a quick measure to correct your ENGLISH

1. It is stabilize not "stavilize"
2. It is price not "frice" as you pu above.

WORTHLESS ILLITERATE!!!

You're a fool. So you didn't know I was trying to copy how the dullard pronounces his words?...you don't know what sarcasm is.

Now there's no excuse not to stabilise oil prices

abraka00:
Buhari is also set to take over as the next FIFA president. He is also planning to contest for the post of America president. He is also tipped to become the emir of kano and daura within days! Clueless president. Within a week, over hundred people dead and that demonic president is 'missing', and u are basking in d euphoria of joy. Idiota.

its allowed.

buhari -president +petroleum minister(niger delta oil money) +opec president +73yrs equal death almajiris n boko president rest in pices.

koligs:
Now president buhari can stabilise oil prices
A million likes for this great man abeg....