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Politics / Re: Dangote Refinery,mexico Dos Bocas Will Negatively Affect Oil Plants In US, Europ by Biodun556(m): 10:18am
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Politics / Dangote Refinery,mexico Dos Bocas Will Negatively Affect Oil Plants In US, Europ by Biodun556(m): 10:17am
https://www.facebook.com/100044145774265/posts/pfbid0gydkNUmdEg3XeRUXtG3dXfpbEEQQttq65Y2LBgMCQDRPWYuA459i2FMSbwy9oAsQl/?mibextid=rS40aB7S9Ucbxw6v

OPEC Report Claims Nigeria’s Dangote Refinery, Mexico’s Dos Bocas Will Negatively Affect Oil Plants In US, Europe | Sahara Reporters https:///4gusHAN
Foreign Affairs / Re: Hisbullah Rockets Destroyed Houses In Israel by Biodun556(m): 10:12am
The new Iranian president is too weak for my liking

No amount of compromise or gentility will stop Israel from pursuing it's criminal objectives of wiping out Palestine and Arab countries
Foreign Affairs / Hisbullah Rockets Destroyed Houses In Israel by Biodun556(m): 10:10am
Politics / Akpata Blames LP Members For 'Selling Their Future For Peanuts’ by Biodun556(m): 12:34am
Labour Party Candidate Akpata Blames LP Members For 'Selling Their Future For Peanuts’ By Working For APC, PDP

In a post-election statement, Akpata highlighted that while powerful forces were expected to influence the election, the real shock came from within the electorate.

Olumide Akpata, the Labour Party’s governorship candidate in Edo State, has expressed his deep disappointment in the role of voters, party members, and agents in what he described as the manipulation of the election held on Saturday.

In a post-election statement, Akpata highlighted that while powerful forces were expected to influence the election, the real shock came from within the electorate.

“We anticipated that powerful forces would attempt to skew the outcome in their favour, regardless of the will of the people,” Akpata said in his statement on Monday.
He added, “Regrettably, these fears have materialised. Yet, we must also confront an uncomfortable truth: the outcome was enabled not just by those who sought to manipulate the process, but also by the actions—and inactions—of a significant portion of our electorate.”


Akpata condemned the process, calling it “not an election but a transaction,” blaming the APC and PDP for vote-buying and accusing voters who stayed away of facilitating the manipulation.

“Let us be clear what transpired on 21 September 2024 was not an election but a transaction. It was enabled by those who chose to stay away, making it easier for the two dominant parties to afford a significant majority of the few votes on offer and by those who came out and willingly sold their votes,” he stressed.

Akpata lamented the situation, adding, “It became painfully clear that we did not have the people, as many, including some Labour Party faithful and agents, willingly sold their future for peanuts to the very political parties whose actions and policies have impoverished them.”

Following the election, the Independent National Electoral Commission (INEC) declared APC candidate Monday Okpebholo as the winner, with 291,667 votes. PDP’s Asue Ighodalo polled 247,274 votes, while Akpata finished third with 22,763.

Labour Party Chairman in Edo, Kelly Ogbalo, also spoke out on Monday, claiming that the party would have won if the election had been free and fair. He alleged, “Labour Party won the election but was not allowed to take possession.”

Ogbalo detailed further, “What I mean by that is that the election was marred with serious irregularities. There was open vote buying. The security agencies failed to check this anomaly.”


When asked if the party would challenge the results in court, Ogbalo stated that no decision had yet been made.
https://saharareporters.com/2024/09/23/edo-election-labour-party-candidate-akpata-blames-lp-members-selling-their-future

3 Likes 2 Shares

Politics / Re: Again, Boko Haram Bombs Damaturu-Maiduguri 330kv Transmission Line by Biodun556(m): 3:19pm On Sep 22
Northerners should unite against these monsters

They can do it

Mob action is needed

5 Likes

Politics / Re: Nigeria Has Signed An Mou With Russia For Ajaokuta Steel Plant Rehabilitation by Biodun556(m): 3:15pm On Sep 22
U
Politics / Re: Apc's Monday Okpebholo Is Currently Leading After The Announcement Of 16 Lgas by Biodun556(m): 3:10pm On Sep 22
grin
Politics / Re: Apc's Monday Okpebholo Is Currently Leading After The Announcement Of 16 Lgas by Biodun556(m): 2:59pm On Sep 22
ALTERNATEID:


Oredo and Ikpoba are PDP stronghold o. APC should still be very vigilant.

Politics / Re: Apc's Monday Okpebholo Is Currently Leading After The Announcement Of 16 Lgas by Biodun556(m): 2:50pm On Sep 22
Edo no be Lagos?

5 Likes 2 Shares

Politics / Apc's Monday Okpebholo Is Currently Leading After The Announcement Of 16 Lgas by Biodun556(m): 2:49pm On Sep 22
APC's Monday Okpebholo is currently leading after the announcement of results from 16 LGAs.
The Returning Officer has adjourned the collation to 5pm as election results of Oredo and Ikpoba Okha LGAs are yet to arrive at the state collation center.

#EdoDecide2024
FOLLOW LIVE: https:///4gw1LAx





https://www.facebook.com/100044145774265/posts/pfbid02qNVSaHCYoFmzvBJscKjJU1oZJDg8cDhVoiQmVP11J2V13KRpcGNHPHGgwWfxbGLzl/?app=fbl

3 Likes 1 Share

Politics / Re: Nigeria Has Signed An Mou With Russia For Ajaokuta Steel Plant Rehabilitation by Biodun556(m): 9:26am On Sep 22
cool

Right 👍 step


Russians are the original builder
Politics / Nigeria Has Signed An Mou With Russia For Ajaokuta Steel Plant Rehabilitation by Biodun556(m): 9:26am On Sep 22
Nigeria has signed an MoU with a Russian consortium for Ajaokuta Steel Plant rehabilitation, aiming to boost local steel production




https://www.facebook.com/100063656437591/posts/pfbid0yAx319xzTvj2Eu4jZHjSLS7WBAGNxmSeWUVd1v9ZKtVeisgLXyURoWZu15EEwLiil/?mibextid=rS40aB7S9Ucbxw6v

Politics / Re: Picture Of Obaseki In Sober Reflection by Biodun556(m): 8:34am On Sep 22
What's going on in Edo State

1 Like

Politics / Picture Of Obaseki In Sober Reflection by Biodun556(m): 8:34am On Sep 22
cool

5 Likes

Politics / Re: Dangote Refinery: FX Intervention Will Crash Petrol Price To Below N600 Per Lite by Biodun556(m): 8:32am On Sep 22
It is true
Politics / Re: Ladies And Gentlemen, Meet The President And Governor Elects Of Social Media! by Biodun556(m): 3:29am On Sep 22
Peter going down day by day

2 Likes

Politics / Re: Peter Obi Supporters Common Tactic by Biodun556(m): 8:38pm On Sep 21
N

1 Like 1 Share

Politics / Peter Obi Supporters Common Tactic by Biodun556(m): 8:37pm On Sep 21
Good news in the South East:

Igbos amaka

Biafra to the World

God bless biafra


Bad news in the South East:


Nigeria is finished

Nigeria is irredeemable

Nigeria is gone


.

10 Likes 3 Shares

Politics / Re: Thieves Can’t Provide Good Governance – Obasanjo by Biodun556(m): 7:33am On Sep 21
Obasanjo is the patron of the thieves. He stole 16 billion dollars and shared among the former military head of States.

1 Like

Politics / Re: World Bank Set To Approve $1.5 Billion Loan To Nigeria by Biodun556(m): 5:40pm On Sep 20
Oxb90:
Abeg make them no borrow again.
Shebi them say BAT get plenty Moni, make im dash Nigeria some na.

This world Bank love Nigeria too much to dey dash us money anyhow grin grin

Some offers can not be rejected
Politics / Re: Lagos 2027: Meet Four Tinubu’s Loyalists Likely To Succeed Sanwo-olu by Biodun556(m): 5:33pm On Sep 20
If ambode doesn't come back then it would be muri okunola

7 Likes

Politics / Obaseki In 2020 Sware: If I Ever Become Godfather, I Should Be Dealt With by Biodun556(m): 4:48pm On Sep 20
Mr Obaseki was quoted as saying in September 2020, after delivering a defeat to Mr Oshiomhole in a successful "Edo no be Lagos" campaign - a slogan aimed at Bola Tinubu, the de facto political leader of Lagos and Mr Oshiomhole's ally. https://snip.ng/KdGRS



https://www.facebook.com/100064510009626/posts/pfbid0Zi5fa1J4XmexNjADwxcmEHniRNQJyQ7oLW44h6JFWSmEHj3kSoSwnbdEhnn8MdH8l/?app=fbl

Education / Re: About 200 Pupils In Delta State Primary School Sit On Bare Floors, Lack Adequate by Biodun556(m): 4:34pm On Sep 20
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Education / Re: About 200 Pupils In Delta State Primary School Sit On Bare Floors, Lack Adequate by Biodun556(m): 4:17pm On Sep 20
Upon 40 billion monthly

1 Like

Education / About 200 Pupils In Delta State Primary School Sit On Bare Floors, Lack Adequate by Biodun556(m): 4:17pm On Sep 20
About 200 Pupils In Delta State Primary School Sit On Bare Floors, Lack Adequate Facilities | Sahara Reporters https:///3zznMO3


https://www.facebook.com/100044145774265/posts/pfbid02KoZfXKKNvvGjfA26Nj12q7CsXiy6DLyt6QzGV8DaXHdbc4virC9wTeywbZCKtKdyl/?mibextid=rS40aB7S9Ucbxw6v

Politics / Re: Dangote Petrol Not Enough, NNPCL, Marketers Resume Importation by Biodun556(m): 10:18am On Sep 20
grin

Who's lying 🤥

The Businessman or the politicians?



Anyway, Nigerians are seen as market not as human

45 Likes 2 Shares

Politics / Dangote Petrol Not Enough, NNPCL, Marketers Resume Importation by Biodun556(m): 10:18am On Sep 20
• Low queue as IPMAN, MEMAN say supply below expectations
• Dangote debunks shortfall claim, insists supply on track


Nigerian National Petroleum Company Limited (NNPCL), yesterday, said the Dangote Refinery is unable to supply the nation with over 65 million litres of Petroleum Motor Spirit (PMS), stressing that only 10.3 million litres have been received from the facility.

The development, The Guardian gathered, may return the country to importation to bridge the shortfall.

But the Group Chief Branding and Communications Officer, Dangote Group, Anthony Chiejina, refuted NNPCL’s claim of shortfall.

“This is outright falsehood. We load as the trucks arrive,” Chiejina said while expressing limitations on the immediate provision of the data on what the refinery supplied the country.

Dangote Refinery was expected to provide the NNPCL with 25 million litres per day in September and 30 million litres in October. Loading started at the facility on Sunday, September 15.

The spokesperson of NNPCL, Olufemi Soneye, told The Guardian that only 10.3 million litres of PMS had been received from the company.


“As of yesterday, we have received approximately 10.3 million litres. We are facing a shortfall of about 65 million litres. The plan was to receive 25 million litres per day,” Soneye said.

He disclosed that the company would decide on how to manage the shortfall.

“We must ensure energy security for the country, as this is a legal requirement under the Petroleum Industry Act (PIA). As a responsible company, we are committed to addressing these issues,” Soneye said.



Although fuel queues have reduced in major cities across the country as motorists battle with the high cost of up to N1,200 per litre in some cities, the Independent Marketers Association of Nigerian (IPMAN) told The Guardian that Dangote’s supply was still below par.

The National President of IPMAN, Abubakar Garima, said the supply to his members only improved slightly, adding that “this was not our expectation.”

Garima had noted that the marketers were still buying PMS at about N1,000 per litre from across depots, stressing the need for the NNPC to supply them directly.

Major Energy Marketers Association of Nigeria (MEMAN) also told The Guardian that the queues were gradually clearing, but that supply needed to be improved and sustained.

MEANWHILE, The Guardian gathered that the low price of PMS, following the drop at the international market, encouraged marketers with import licence to bring in some volume of products, including PMS.

With import landing at about N900 to N1000 per litre, a marketer, who pleaded anonymity, said some marketers resorted to importing since they didn’t get supply guarantee locally because Dangote would only sell to NNPC.

A deport owner also told The Guardian that the depot owners wanted PMS, diesel and other products for all their stations and clients at the best possible price, best quality and on a level-playing field.

He said, “Once that is sorted, the sector will witness seamless operations and competition among marketers, in their efforts at delivering quality service to the driving public.

“NNPC, being the sole off-taker, does not cut depot owners off, except they do not give us product again. It simply means there’s still some element of subsidy therein, which is borne by the Federal Government and it is easier for them to tab the subsidy component if they are the sole off-taker, who will assign cargoes, via vessels, to depots.”

Amid slumping refining margins and weak fuel demand in China, two refineries in Shandong, operated by chemicals giant, Sinochem, were declared bankrupt.

Zhenghe Group Co and Shandong Huaxing Petrochemical Group Co failed to secure restructuring agreements with creditors, leading to their bankruptcy, as revealed by local courts and reported by Bloomberg.

The third refinery, Shandong Changyi Petrochemical Co, will meet creditors later this month. All three plants, with a combined capacity of 300,000 barrels per day, have been largely idled for months.

Weaker-than-expected fuel demand has impacted margins, particularly affecting independent refiners in Shandong.


https://guardian.ng/news/nnpcl-marketers-return-to-pms-import-over-shortfall-from-dangote/?utm_term=Autofeed

1 Like 1 Share

Politics / Re: Tax; OPEC Reveals Reasons Why dangote Petrol Is Costly In Nigeria by Biodun556(m): 9:36pm On Sep 19
bugu51:

That's not a good solution

If things continue like dis I'm afraid, APC will be a goner


I believe he will embark on massive infrastructure development to dous tension

Then he could reduce the price of crude sale to dangote
Politics / Re: Lagos Builds Modern Sawmill, Says Okobaba No Longer Suit Lagos dream by Biodun556(m): 9:27pm On Sep 19
FreeStuffsNG:
Water perhaps. The logs are moved by water

The new place two is coastal area

May the cost of the accommodation

2 Likes

Politics / Re: Tax; OPEC Reveals Reasons Why dangote Petrol Is Costly In Nigeria by Biodun556(m): 9:24pm On Sep 19
Bluntemperor:


Some Experts in Nigeria believed that the Federal Govt is actually behind and you can see how they are not forthcoming but has been silent since this Price War.
You now wander if everything should be Taxed in Nigeria.
Then what has Ordinary Citizens benefited?
Even in USA,that they are Coping,Food , electricity,etc are highly Subsidiesed.As at today,most Nigerians are just Pre- occupied with the Foodstuffs,as many are not balanced - No Jobs,No Excess to Invest,other than get Food 🥝🥑 Yam,Rice 🌾,Palm 🪔,etc- are just too exobitant! 🥪 Bread is no longer for the poor but why?
The same Poor the Politicians would come during electioneer Campaigns that they want to do this,that!


That's why they introduced CNG as alternative
Politics / Re: Tax; OPEC Reveals Reasons Why dangote Petrol Is Costly In Nigeria by Biodun556(m): 9:19pm On Sep 19
dacool1:
I don't know if those people on the first page are just gaslighting or they are serious. Is it reading or comprehension problems, the article clearly stated that TAXATION is one of the major determinants of prices.

Taxes in some countries is as high as 50% of the cost and some people are trying to deflect this by spewing trash.

The government is just taxing us to death plain simple.

I have been looking for comment like this since I posted the news.

Only you understands the news. Simply put FG tax each liters of the petrol. Probably the reason why dangote was saying he paid 100 million dollars to lagos state government for the land is because Lagos state government two is involve. So both FG and Lagos state government imposed tax on each liters of the petrol. This underscores the reason why dangote insisted that NNPCL should be the sole distributor because he is afraid of telling Nigerians the Price so as not to cause violence.



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