Benedict44:
is this the chnge they promised us....

Bevista:
Apparently, you do not see anything good in PMB, but yet you accuse me for seeing something good in him.

Elections are over. There is an important task of governance and making Nigeria better for all (both Wailers & Masturbators). You can keep your hate campaign till 2018 when it will be understandable and most potent.

sunnyb0b0:
When we were shouting at the top of our voices that Buhari's obsolete dictatorial policy of bullying international shipping lines can never work, the masturbators and broom wielding herbalists said we were wailing, see where we are now. Nobody wants to lift our crude anymore. BUHARI IS BAD FOR THE ECONOMY!

I see Kachikwu resigning from NNPC soon if Buhari continues interfering with obsolete policies and blocking initiatives from Kachikwu.

Little wonder some people refer to him as "brain dead".


Lalasticlala, abeg take this thread to where it belongs.

veraponpo:


What do you know about governance?

989900:
Would you all prefer excess of 250,000 barrels (N2 BILLION) be stolen everyday?

Do you guys know even multi national oil companies in Nigeria are part of the oil theft/bunkering -- and some have actually been indicted before?

Should we continue to allow such leakages unchecked because some 'indian buyers' (be wary) and their shippers prefer the old ways whereby they can 'collabo' to sabotage Nigeria?

Whence the system is purged and stable, serious countries will patronize us -- even in other non-oil sectors!

It is tough on everybody. Personally, my businesses in Nigeria are affected -- good things come with a price -- hopefully in time we get it right, 'cause it's tough as it is.

sunnyb0b0:
When we were shouting at the top of our voices that Buhari's obsolete dictatorial policy of bullying international shipping lines can never work, the masturbators and broom wielding herbalists said we were wailing, see where we are now. Nobody wants to lift our crude anymore. BUHARI IS BAD FOR THE ECONOMY!

I see Kachikwu resigning from NNPC soon if Buhari continues interfering with obsolete policies and blocking initiatives from Kachikwu.

Little wonder some people refer to him as "brain dead".


Lalasticlala, abeg take this thread to where it belongs.

Bevista:
Which leads me to believe that even if PMB appoints Ministers, you will still accuse him of overruling them.

No matter what PMB does, you will find reasons to fault him.

greatehis:
Yes because he hasn't given me enough reason this 4 months

sunnyb0b0:
When we were shouting at the top of our voices that Buhari's obsolete dictatorial policy of bullying international shipping lines can never work, the masturbators and broom wielding herbalists said we were wailing, see where we are now. Nobody wants to lift our crude anymore. BUHARI IS BAD FOR THE ECONOMY!

I see Kachikwu resigning from NNPC soon if Buhari continues interfering with obsolete policies and blocking initiatives from Kachikwu.

Little wonder some people refer to him as "brain dead".


Lalasticlala, abeg take this thread to where it belongs.

Bevista:
Just because PMB disagrees with specific policies, does it mean that he micromanages NNPC?

PMB believes that the Naira should not be devalued further, does that mean he micromanages CBN?

If an appointee of the president makes a good policy, the appointee takes credit but if he makes a not so good policy, It's the "dullard" that takes the blame.

Emekamex:
->Buhari should stop interfering with economic policies, that is not his work to do; rather, his ministers and advisers are the ones solely responsible for this.
->I have observed that Buhari is trying to convert Nigeria into a socialist country, and from lessons learnt from others that have practiced it, we all know that socialism doesn't grow an economy.
->Countries in modern time are trying to become purely capitalistic at the same time Nigeria is hurriedly depreciating into socialism. It is quite worrying to say the least.

sunnyb0b0:
When we were shouting at the top of our voices that Buhari's obsolete dictatorial policy of bullying international shipping lines can never work, the masturbators and broom wielding herbalists said we were wailing, see where we are now. Nobody wants to lift our crude anymore. BUHARI IS BAD FOR THE ECONOMY!

I see Kachikwu resigning from NNPC soon if Buhari continues interfering with obsolete policies and blocking initiatives from Kachikwu.

Little wonder some people refer to him as "brain dead".


Lalasticlala, abeg take this thread to where it belongs.

petrelli07:
The "letter of comfort" policy is okay... should we allow them keep stealing from us just because they're buying our crude?

Bevista:
Fair enough. But why not give him the benefit of doubt for at least 2 years.

fr3do:
The same way past alleged corrupt administrations enjoyed the benefit of doubt ba?

sunnyb0b0:
Indian oil firm and one of Nigeria’s biggest oil buyers, Hindustan Petroleum Corporation (HPCL) on Monday declared that it would henceforth be cautious in buying Nigerian oil. The firm hinged its decision on the decision of shippers who are now shunning requests to lift Nigeria’s crude.

HPCL bought the two million barrels of Qua Iboe from Total, a trading arm of France’s Total (TOTF.PA), for October 7-8 lifting on a free on board (FOB) basis, meaning the buyer pays the cost of marine freight, insurance, unloading and other costs to destination

The Indian firm had chartered the Ridgebury Progress to lift the cargo, but the vessel owner refused to sign the “letter of comfort” sought by the Nigerian authorities. Head of HPCL refinery, B.K. Namdeo told Reuters on Monday that his company was still scouting for a vessel to lift a cargo for early October loading after the African nation sought a “letter of comfort” from shippers.

“We are finding it difficult to book a vessel to lift Nigerian crude…

We will be cautious in future while deciding about crude of Nigerian origin,” he said. Namdeo, however, said that his firm was unsure whether it would be able to lift a very large crude carrier of Qua Iboe crude on time. “Nobody is coming forward to offer the vessel and whoever is willing to go to Nigeria is asking exorbitant rates,” he said.

Nigeria had cancelled a near two-month ban on 113 foreign-flagged vessels from loading crude or gas from Africa’s top producer in July, according to a letter from the Nigerian National Petroleum Corporation (NNPC).

But as a condition for the ban removal, it created the letter of comfort requirement in an effort to target oil theft.

All incoming vessels into Nigerian waters must get a “Letter of Comfort” from export terminal operators and buyers of Nigerian crude as “guarantee that nominated vessels are free and will not be utilised for any illegal activity whatsoever,” Mele Kyari, the NNPC’s Group General Manager, Crude Oil Marketing, said in the letter dated September 8.

At least 250,000 barrels of oil are stolen daily in Nigeria, according to President Muhammadu Buhari.

The tankers were banned on July 15, days before a meeting between Buhari and U.S. President Barack Obama in Washington.


http://newtelegraphonline.com/shippers-shun-lifting-nigerias-crude/

Bevista:
Apparently, you do not see anything good in PMB, but yet you accuse me for seeing something good in him.

Elections are over. There is an important task of governance and making Nigeria better for all (both Wailers & Masturbators). You can keep your hate campaign till 2018/2019 when it will be understandable.

989900:
Would you all prefer excess of 250,000 barrels (N2 BILLION) be stolen everyday?

Do you guys know even multi national oil companies in Nigeria are part of the oil theft/bunkering -- and some have actually been indicted before?

Should we continue to allow such leakages unchecked because some 'indian buyers' (be wary) and their shippers prefer the old ways whereby they can 'collabo' to sabotage Nigeria?

Whence the system is purged and stable, serious countries will patronize us -- even in other non-oil sectors!

It is tough on everybody. Personally, my businesses in Nigeria are affected -- good things come with a price -- hopefully in time we get it right, 'cause it's tough as it is.

989900:
Would you all prefer excess of 250,000 barrels (N2 BILLION) be stolen everyday?

Do you guys know even multi national oil companies in Nigeria are part of the oil theft/bunkering -- and some have actually been indicted before?

Should we continue to allow such leakages unchecked because some 'indian buyers' (be wary) and their shippers prefer the old ways whereby they can 'collabo' to sabotage Nigeria?

Whence the system is purged and stable, serious countries will patronize us -- even in other non-oil sectors!

It is tough on everybody. Personally, my businesses in Nigeria are affected -- good things come with a price -- hopefully in time we get it right, 'cause it's tough as it is.