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Politics / Re: Nigeria At Risk Over Falling Oil Price : FG by hercules07: 11:50am On Oct 27
duni04:

Thank God the article said conspiracy theories. Everybody is so ready to believe there is a hidden plot somewhere while ignoring the fact that Saudi Arabia may simply be trying to guaranty its leadership in the oil market. Me I don't believe in any hidden plot or conspiracy. Its clear and open if you really want to understand.

It is not a conspiracy, that is the actual fact, I do not think the Saudis are doing it willingly, the US is behind it and the intention is to cripple Russia's economy and probably cause Social unrest in Russia.
Politics / Re: Terrorism: FG Asks Court For Secret trial Of Ndume by hercules07: 12:04pm On Oct 22
We should not accept secret trials, the judge should rule against this, the simple reason is because it sets a precedent, soon, all trials will be secret and the counsels will always quote the precedent set in Ndume's case, apparently Nigerians do not know the danger of this request, any case against the government will now be in secret, opposition members being charged to court will be in secret, take government to court on any charge and you are tried in secret, is that the democracy we want?

1 Like

Business / Re: FG To Spend N1 Trillion On Petrol Subsidy In 2015 by hercules07: 4:15pm On Oct 17
atlwireles:


Total does not sell refined oil in Saudi Arabia, why all the twist and turn. Total sells refined oil in Nigeria, because, they are one of the companies playing the mother vessel game. You can can them in Saudi and ask for quote for a delivery to Nigeria.

What the heck are you saying, Total refines oil in Saudi why can they not refine in Nigeria, they started the project 4 years ago, if your government had their head screwed on tight, that refinery will be in Nigeria not Saudi Arabia, the roles will be reversed, they will refine in Nigeria and sell in Nigeria, they are playing the mother vessel game because the government allows them to, why dont they try that nonsense in Saudi and see how far they will get.
Business / Re: FG To Spend N1 Trillion On Petrol Subsidy In 2015 by hercules07: 3:41pm On Oct 17
atlwireles:


Are you telling us total is a major player in the Saudi retail market?

Total dropped the cash to build a refinery for export, they are refining in Saudi Arabia, a stonethrow away, SADARA is building a petrochemical plant to use the products from the refinery, Total will sell the refined oil in Saudi Arabia if a market exists there, there is a huge market for refined products in Nigeria seeing as we import refined products, so, what stops the government from doing the same thing as the Saudi Arabian government? Total needs to earn, it will sell to the devil if he can pay on time, Nigeria can pay on time, why are we not doing this in our country, the number of people employed in that refinery is over 2 thousand, the added value is more than the $20bn used to build it.
Business / Re: FG To Spend N1 Trillion On Petrol Subsidy In 2015 by hercules07: 3:03pm On Oct 17
atlwireles:


Total is a major player in Nigeria, ask yourself why they don't bring Saudi refined oil here.. Before, you move this conversation forward, please talk to any oil futures trader, what is the CIF(lagos apapa) price, for a liter of Middle east gasoline in the wholesale market.

They are a major player in extraction not refining, they dropped the cash for the refinery in the Saudi Arabia, why do I care about Middle east gasoline in the wholesale market, I am talking about refining our crude in Nigeria by entering into partnerships with the same set of people who have done it in other places, but, our government will not do that because the subsidy scam is good for their politics, it is good for their pockets as well, instead of fighting to remove subsidies for 16 years, why not use those same 16 years to build refineries by going into partnerships with people like Total, according to our government, subsidy is $6bn, then sales of the refined oil in Nigeria should be north of $12bn in Nigeria only and excess can be shipped abroad, that should be good enough for any oil company, afterall, they are in the business to make money whether from Nigerians or anywhere else.
Business / Re: FG To Spend N1 Trillion On Petrol Subsidy In 2015 by hercules07: 2:51pm On Oct 17
atlwireles:


Why not ask the government to back off this scam and allow the companies mining this oil, sell their product. Why are you talking about Saudi Arabia? I don't understand the connection here. If Saudi oil is that cheap, get an import permit from PPRA and bring some here to sell. You have goldmine business in your hand, please use it.

Yeah right, as if your government wants to do what is right, the government profits from the scam, why can the government now work with the Totals of this world just like Saudi Arabia is doing, afterall, Aramco is a mostly owned by the Saudi government.
Business / Re: FG To Spend N1 Trillion On Petrol Subsidy In 2015 by hercules07: 2:43pm On Oct 17
atlwireles:


Anybody calling Nigerian Oil subsidies a scam, is not worth much weighted up or down. You called yourself an industry insider, so you know the cost of production for Nigerian crude is about $20-40 per barrel.

Please lead another demonstration, so government can sell you petrol at cost price. You wonder why you people are dying of poverty, because some of you are constantly trying to reinvent the wheel. Goodluck with your free/cheap oil.

Fuel subsidy is a big scam, 1 trillion Naira is about $6B, in the last 4 years we have spent almost $20B on subsidy, that is the cost of Total's largest refinery in Saudi Arabia (Second Largest in the world), it was completed in 4 years, joint venture between Total and Saudi Aramco, a stone throw from that refinery is a Petrochemical Plant by SADARA nearing completion, started about 1 year ago, sit down there and be defending the crooks milking Nigerians dry, the cost of oil in Saudi Arabia is dirt cheap (#21 per liter) because they refine their oil, are they not signed up to the same OPEC that we are?
Politics / Re: Why Not Fashola? by hercules07: 9:36pm On Oct 13
mikeansy:


what Nigeria need is strong institutions and not strong men (who in actual sense are very weak)

We will also benefit from having a lawyer as President.

TBH because I am hoping for GEJ till 2019, I hope Buhari runs and Fashola goes to Senate and then lead the opposition from Senate and then prepare for Presidential run in 2019

What Nigeria needs is strong men of character to build the institutions, Fashola can not deliver as many votes as Buhari, Fashola can play a pivotal role in the administration as a minister or a Senator.
Politics / Re: The Truth: Jonathan Speaks English Better Than Buhari. by hercules07: 2:12pm On Sep 27
mikeansy:

Don't even make a joke

Buhari has no clue on economics!

He appointed those who did, not everybody believes in feudal capitalism.
Politics / Re: The Truth: Jonathan Speaks English Better Than Buhari. by hercules07: 11:48am On Sep 27
mikeansy:

How can a leader champion a vision and take a country in a fundamentally new direction if he cant communicate with his people?

Yes communication is key to leadership

He led before and his economic policies were sound for the time, carriage is more important than your accent, nobody understands GEJ's english at the UN.
Politics / Re: NIGERIA: A Nation Of Fools by hercules07: 11:44am On Sep 27
anonimi:

You are very correct that our case as citizens is like the mad man calling others on the street mad shocked

Can you imagine that our LGAs are allocated average N 150 million monthly from Abuja yet do NOTHING but clueless us will leave them and be shouting president this, president that. Are we not aware that these LGAs that we have allowed to fallow are the mobilising nodes for rigging elections

Your president controls 56% of everything, that is why his name is shouted, let him devolve powers to the state and stop interfering, people will crucify their governors.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 12:20pm On Sep 25
shymexx:

Well, if you say so. But a lot of things aren't right even in Lagos. I critique Fashola all the time for that. Lagos is my home state and I believe I've a stake there, even if I don't have any in Nigeria.

Also, regardless of hustling - the increment in Dangote's net worth defies logic. Perhaps, it's just the system. And not just him, a lot of other folks as well.

Hustling in the negative sense, buying government protection, bribing and so on, I do not think he can be a millionaire in an organised society, who dashes monkey banana.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 12:10pm On Sep 25
shymexx:

Well, you might be right about Lagos. But it's the whole country.

Nothing hating on the next black man. But Dangote's moved from having a net worth of about $2.5 billion a few years ago to $25 within 5 years also defies logic. That's another pointer there. A lot of things just defies logic in Nigeria. Things aren't right in the jungle.

Lagos has not been sold to anybody, though, there is a lot of corruption in Lagos as well. Dangote is a hustler, in Nigeria, his type of hustling yields returns at a geometric pace.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 12:06pm On Sep 25
BlackTechnology:

You are damn funny

After the second world war, US never reveal the nuclear bomb technology to Russia until traitor scientist gave Russia the idea. The reason the US did that was to prevent one mad man using the nuclear technology to destroy the world

So coming here to give credit of Pakistan's nuclear technology to US shows you are a kitchen woman

Ok

What of India's nuclear technology. Is it the US that develop it too


Pls return back to the kitchen. This matter is far beyond your understanding.

#InvolveOurHigherInstitutions InWeaponsDevelopment

Not true, after the second world war, the US and Russia packed the German scientists who were at the forefront of Nuclear technology.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 11:45am On Sep 25
shymexx:

Lmao...so much that they had to privatise national ID cards. What's next? - privatise the people and sell them into slavery. grin

Heck, some clownish cowboy and a rogue came up with Africapitalism (I laughed so hard when I saw this earlier this year)...pathetic, I must say.

Nigerians who travel out and return to the country and are able to live in the country and continue with the same crazy attitude are certifiable loons, heck, a cat's life is worth more in some countries than a human life in naija. We should stop getting Finance Ministers from the World bank, their ideas benefit the 1 percent. I do not even know Okonjo's ideology, apart from borrowing money for recurrent activities.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 11:43am On Sep 25
BlackTechnology:


You are the funny one here

China India Korea Iran etc never had the best universities when they started but today are churning out world class weapons.

When India Pakistan and China developed nuclear bombs, their higher institutions were not world class

North Korea university is nothing to write home about but today have tested 2 nuclear bombs

Your comments reveal you are not an engineering-technologist

Am sure if you are the mother of Emeagwali, Innoson etc you would have killed their engineering-technological spirit.

Pls return back to the kitchen you do not understand how technology works


JONATHAN give our higher institutions an opportunity to prove themselves.


#InvolveOurHigherInstitutions InWeaponsDevelopment

Please read up on those countries before spouting nonsense, China that has been around for over 3000 years, the Persians, the Indians did not have great universities? Please remove Emeagwali from that list, the guy is a fraud, Innoson is a business man, he is no better than the Alaba boys.

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Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 11:36am On Sep 25
shymexx:

That's what they don't understand. Folks watch too much TV and see words, off the bat, believe that's how America and other countries work...without getting themselves acquainted with other things the complement the privatisation drive with to appease the people.

Also, rather than hold the govt responsible for not doing what it's meant to do, and paid for to do with the country's sovereign wealth - they believe selling all the country's assets without getting anything in return is the progressive way. I just don't understand the mentality of the people.

It is the MTN effect, Nitel poor, MTN good = Privatisation >>>>> "Publictisations". Simpletons.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 11:28am On Sep 25
Missy89:

Lol I don't need to have the facts. If those stuffs i listed were sophisticated enough, we would have heard it by now!


Any competent Army will route the Nigeria Army in days not weeks, they should thank their stars they are fighting BH, imagine them against these ISIS guys.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 11:24am On Sep 25
shymexx:

Yes, a lot of folks are paid.

But a lot of Nigerians also spout nonsense. They watch too much MSM.

Aren't Nigerians the same ones who actually believe the naija army that can't defeat BH, the best in Africa? The government is a reflection of the people, and those throwing junk out there know how gullible the folks are.

These are the same folks who don't even care about how they're governed, and they believe the government selling all the country's assets off to their cronies under the disguise of privatisation is the best thing since slice bread. The same folks who don't even know what they're entitled to as a people.

Ha, Nigerian privatisation, at least the Americans talk about trickle down economy (bullshit), our leaders dont even pretend, everything private is good, anything public is bad.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 11:16am On Sep 25
Collynzo22:
Who is talking about state department, the guy who gave the opinion (Dan) is a media analyst who said what he said based on what he saw on the internet. The US official never said such, there are secrets in weapons and arms deals that goes beyond what is posted on the internet.

Oh thought he was the state department guy, I apologise.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 10:58am On Sep 25
shymexx:

Plausible.These folks aren't looking to buy any modern weapons - it's al about looting, and Soviet era weapons. In as much as I know the yanks won't sell any heavy weapons to Nigeria - the tripe was just an excuse. These people know where to get weapons from, they just threw this nonsense out there for the gullible millions they lord over.

The UK's chinook is a different variant, and it's unique compared to the other ones. The thing with the UK is that: Rolls Royce and other UK arm companies produce components of these weapons, so it's more of a cooperation thing. I guess that's why the UK always spend more because they modify it all the time. The UK's apache is also somewhat different from the yank's.

The ones defending the government on Nairaland are not gullible, they are paid.

3 Likes

Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 10:56am On Sep 25
Collynzo22:
Dan is a normal human being like me and you (if you are normal), he only gave an opinion and not any official confirmation.

That is not an opinion, that is fact, you think those people do not weigh their words before they speak, they are the State Department not our Foreign Service, ask around what our diplomats think of GEJ, you will be shocked.
Politics / Re: US Denies Blocking Fg’s Purchase Of War Aircraft by hercules07: 10:52am On Sep 25
shymexx:

Nigeria isn't a serious country. Take the population out, and it's just as weak as Sierra Leone. Even Ghana might be ahead of Nigeria based on what a sovereign country should be. West Africa countries are just weak, to be honest. Definitely the weakest region on the continent - if we were to cut central Africa, and join the countries there with other regions on the continent - to make it a North, South, East, and West thing.

Nigerians think like something else, we are of little strategic interest to the US, New York's GDP is 3 times our own, when you are of little use to the US, they will go moral on your behind when selling things to you, the funny thing is, the US can be a destabilising force in almost all parts of the world, but, they have always had good intentions for Nigeria.

2 Likes

Religion / Re: If Jews Reject Jesus, Why Should An African Accept Jesus? by hercules07: 8:25pm On Sep 08
Feedmemore:


Lol


Not trying to hypnotise anyone...

People who believe that magical sky fairies are real do nor have a firm grasp on reality.

You are beautiful, shikena.
Politics / Re: Seun Kuti Calls Buhari An Evil Man!!! by hercules07: 12:34pm On Sep 05
Obiagelli has said it, Buhari jailed Fela and cracked down on human rights due to the excesses of the Civilian administration in the past. I believe most of those posting here do not have an idea of history and can not understand what necessitated the crack down.

3 Likes

Politics / Re: Boko Haram Sponsorship Allegation, My Story By Modu Sheriff by hercules07: 2:48am On Sep 04
Amodu Sheriff, Goje of Gombe, Isa Yuguda all used Boko Haram to win elections, they all sponsored the activities of the group until Yar'Adua moved against them, they were all sponsors and are the architect of BH. BH in its current incarnation is a vehicle that serves the interests of so many, it serves the interest of Generals who need to amass wealth, they are getting rich on embezzling defence money, they will never pray for BH to go away; it serves the interests of politicians who are pro and anti jonathan, the only people suffering from this is the people directly affected.

3 Likes

Religion / Re: Opinion$ On Oyakhilome's Divorce by hercules07: 12:38am On Sep 04
They are adults and humans, if they want to divorce let them go ahead, as far as I am concerned, they are all scammers.
Science/Technology / Re: Massive Ocean Discovered Towards The Earths Core by hercules07: 12:36am On Sep 04
People using scientific discovery to promote ancient and false religions, Nigerians are number one mumu, follow follow people.
Culture / Re: Alaafin Of OYO With Yoruba Descendants In Brazil (pictures) by hercules07: 5:54pm On Aug 25
saxywale:
Thread had been derailed from 0 page by the poster that first posted with large times new roman fonts. Others only helped in derailing it further.

The Alaafin is superior to the Ooni on all fronts, it was the politics of the AG that elevated the Ooni, who was the Ooni to talk, hell, even the Modakekes sacked Ife several times, even when the Ibadans disagreed with Alaafin, they did not have the temerity to attack Oyo.

1 Like

Politics / Re: Jonathan Administration And Miraculous Petroleum Subsidy Bills by hercules07: 4:54pm On Aug 22
atlwireles:

Nigerians as a people like to wallow in unnecessary witch hurting, sometimes, it is a complete waste of time. I know the price of gasoline ex works in Rotterdam or the Gulf coast of the United states, the Price is about $2.60/gallon, which is about 3.78liters. Add insurance and freight alone, without the necessary distribution cost in Nigeria , plus the currency factors,you are getting your petrol in Lagos at about 40% discount at N97 per liter. Then you add cost of local distribution and warehousing, it comes to about another N7 per liter. All the black hoes in the process can be stopped, by simply getting government out of the business. Let Importers bring in their product and sell for whatever price the market is willing to support. Within 3 years, Nigeria will become a true exporter of refined products. Not this kabuki dance we have been doing since 1985

You sir are an slowpoke, the cost of fuel in Saudi Arabia is #4 per liter, those prices in the US and the other western countries are because of heavy tax, we do not import from the pumps, we buy from refineries who sell far far below what you have posted up there, your PDP government and Jonathan are thieves in the Subsidy issue, the cost of fuel should not be up to #50.

3 Likes

Travel / Re: THE Akanu Ibiam "International Airport" ENUGU Today, After The Rain by hercules07: 8:26pm On Aug 21
OrlandoOwoh:
I don't know why you're hovering around my posts today.
If Jonathan can be given credit for his "success", he should in like manner be blamed for every failure of his. My friend, what you're trying to make us believe is that nobody should be blamed for this and those of Yola and Ikeja. Do you know billions were spent here in the name of remodeling?

According to some people flooding happens everywhere, what volume of rain did we have the caused this, ,come and see better airports with snow and heavy rains with no flooding, the Oduah woman just spent money on cosmetics and not on real infrastructure.

1 Like

Business / Re: Nigeria Sinks Deeper Into External Debt by hercules07: 5:41pm On Aug 20
anonimi:

Inside that 70% is the 25% for our SINators and legisLOOTERS as reported by ex-CBN chief Sanusi. That is understandable if they receive N29 million monthly for doing almost nothing.
It is up to all of us, Nigerians to talk about this until there is SUBSTANTIAL reduction of what can only be classified as their LOOT shocked

We are getting somewhere, can you also add the percentage taken by the presidency, I am sure by the time we add what the presidency is "looting", we will get to 40% out of the 70%.

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