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Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST - Politics (2) - Nairaland

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Buhari's Kitchen Comment, A Tasteless Jibe - Washington Post / No More Private Oil Importers: Nigeria To Sell, Buy Oil Directly / Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen (2) (3) (4)

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by DelGardo: 9:38am On Nov 04, 2015
Gbawe:


So that is all you can see and say about a major development, one of the most pivotal since our current democracy began in 1999, that will make Nigeria's oil wealth work for you, your family and other ordinary Nigerians instead of ending up in the bank account of a few connected to the government of the day? Can you not see this is not about oil per se, which will continue to flow anyway, but about how income Nigeria gains from oil and spending she makes on purchasing refined derivatives of crude is managed properly to the benefit of Nigeria and her ordinary citizens? This is not about oil but about saving upwards of 10-20 billion dollars yearly that can then be used to develop Nigeria !!!! You guys are simply incredible with how you deliberately remain blind to what is obvious and can simply never give credit where due.

That's how they roll, the TANoids.
As you said, bigots are attracted only to negatives of Buhari (if ever there was). When they can't see a way to twist positive to negative they engage in wanton ridicule of the subject.

I supported GMB all the way from 2003 because of the reasons you have so eruditely captured in your various posts. He was the only option after the heinous outings of PDP and the calamity called Goodluck.

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by theV0ice: 10:10am On Nov 04, 2015
bettercreature:
So oshiomole was actually saying the truth that USA told them somebody stole $6 billion

This is the part that got me thinking too.

So Oshiobaba didn't make up stories? shocked

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Gbawe: 10:11am On Nov 04, 2015
DelGardo:


That's how they roll, the TANoids.
As you said, bigots are attracted only to negatives of Buhari (if ever there was). When they can't see a way to twist positive to negative they engage in wanton ridicule of the subject.

I supported GMB all the way from 2003 because of the reasons you have so eruditely captured in your various posts. He was the only option after the heinous outings of PDP and the calamity called Goodluck.

I really don't get the hatred and negativity that drives those folks. What is there to hate about this development?

The disappearance of fuel queues?
The notion Nigeria can save many billions of dollars that can be used to develop our moribund infrastructure, health sector et al?
the idea that corruption, wanton looting and lack of transparency in the oil sector can be defeated?
The obvious and feasible idea that our refineries may now work optimally since there is no longer a profitable reason for sabotaging them?
The international goodwill and assistance we will enjoy via making our oil sector transparent and standardized rather than leaving it, as the PDP preferred, a completely rogue and non-compliant sector the entire world laughed at? Imagine the biggest black nation on earth conducting its oil sector dealing through crooks like Femi Otedola and Ifeanyi Uba when other African nations far smaller than us do not even do that !!!

I could go on all day yet the obvious is very clear. I.e only very hateful elements will see no positive in this great development that is seeking to take power and wealth from wicked and evil cabals and return it to the people who are the rightful owners - even if they don't know it.

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by bettercreature(m): 10:13am On Nov 04, 2015
theV0ice:


This is the part that got me thinking too.

So Oshiobaba didn't make up stories? shocked
Its serious and i wonder what this government is doing about it
Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by theV0ice: 10:16am On Nov 04, 2015
bettercreature:
Its serious and i wonder what this government is doing about it

Of course the way Oshiomhole talked about it then, its obvious they're working on it.

Diezani's confinement to UK till next year isn't for nothing. Read somewhere that USA, UK and Switzerland are collaborating with Nigeria on the matter
Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Gbawe: 10:28am On Nov 04, 2015
theV0ice:


This is the part that got me thinking too.

So Oshiobaba didn't make up stories? shocked

Of course he did not and I said this back then when TAndroids laid into Osho baba. The fact is that uninformed Nigerians failed to acknowledge that Oshiomhole was the head of an official anti-graft task force convened to look at corruption in the oil sector and huge non-remittance of crude earnings by the NNPC . Of course Oshiomhole, as the head of the officially convened committee, would have the cooperation of the USA, UK et al. This means that he would be speaking with facts supplied to him from those nation officially. Yet we know some TANdroids will wail because their desire is not the to see the greatness of Nigeria but to see "ab0k1" fail thus validating their silly and destructive viewpoint that their beloved GEJ, who they worshipped clannishly, should have been allowed to continue in power by any means never mind what the rest of Nigeria wants.

Why do you think some accuse the Yorubas of "backstabbing the South" till today? They played the ethnic card and expected the Yorubas to blindly and clannishly back the very wicked, highly incompetent, ultra-callous and grossly corrupt GEJ simply because he is from the South. Yet this development, and many more like it to come, validate the decisions of the Yoruba to dump an evil man who was on course to destroy Nigeria with his own brand of wanton corrupt rule that is unmatched in Nigeria's history. Under GEJ some who were koboless yesterday became dollar billionaire and private jet owners overnight while ordinary Nigerians became more impoverished and desperate. It is for the fans of GEJ to inspect their own souls in view of what is being revealed daily about their hero and the moves Buhari is making to counter the monumental damage that has been done. Simply get behind this president if you genuinely love Nigeria or continue with your hateful pettiness. Either way, and whatever you choose to do, Nigeria must and will become developed.

http://thenationonlineng.net/buhari-and-the-new-anti-graft-battle/

The President’s searchlight has been on the Nigerian National Petroleum Corporation (NNPC) – for obvious reasons. Oil accounts for over 90 per cent of Nigeria’s revenue. Preliminary probes launched into the activities of the NNPC and other revenue-generating agencies, including the Federal Inland Revenue Service (FIRS); Nigerian Customs Service (NCS); Nigerian Ports Authority (NPA) and the Nigerian Immigration Service (NIS), among others, discovered the agencies as conduit pipes for public office holders.

The Excess Crude Account (ECA) – the savings for the rainy day – is also being examined.

At its maiden meeting, the National Economic Council (NEC), under the chairmanship of Vice President Yemi Osinbajo, raised a committee of five to look into allegation of sharp practices in some money-generating agencies. Specifically, the NEC mandated the panel to investigate a shortfall of N3.5 trillion in remittances by the NNPC into the Federation Account since 2012.

Headed by Edo State Governor Adams Oshiomhole, the panel’s other other members are ; governors Nasir El Rufai (Kaduna), Udom Emmanuel (Akwa Ibom), Ibrahim Dankwabo (Gombe) and Akinwunmi Ambode (Lagos).
The NEC decided to set up the committee after a briefing by a director of Funds in the Office of the Accountant-General on the status and management of the Federation Account, which indicted NNPC for remitting only N4.3 trillion out of its earnings, estimated at N8.1 trillion in three years.

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Gbawe: 11:32am On Nov 04, 2015
theV0ice:


Of course the way Oshiomhole talked about it then, its obvious they're working on it.

Diezani's confinement to UK till next year isn't for nothing. Read somewhere that USA, UK and Switzerland are collaborating with Nigeria on the matter

Completely true. Many nations are trying their best to help us nail the cronies of GEJ , and recover Nigeria's wealth they have stashed away, because of the wicked and destructive level of looting the Nigerian state suffered at the hands of Ali Baba (GEJ) and his forty thieves (Allison-Madueke et al).

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by theV0ice: 11:34am On Nov 04, 2015
Gbawe:


Completely true. Many nations are trying their best to help us nail the cronies of GEJ , and recover Nigeria's wealth they have stashed away, because of the wicked and destructive level of looting the Nigerian state suffered at the hands of Ali Baba (GEJ) and his forty thieves (Allison-Madueke et al).

I hope the issue is pursued to its logical conclusion. The country could utilise those funds very well in these trying times
Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by BALLOSKI: 3:48pm On Nov 04, 2015
Gbawe:


Same here. Buhari is a highly principled individual who believe people in leadership must be accountable to the people. Nonetheless his focus currently is on rescuing Nigeria. In the future, anything could happen cool cool. Right now the focus has to be on Nigeria because GEJ and his cronies butchered our nation horribly and left her for dead.
and even more surprising, is the push in some quarters that BUHARI should not mention the name of Gej and his cronies who brought us here. Can you imagine?

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Adminisher: 5:06pm On Nov 04, 2015
Jonathan come here. *pulling his ears*..."you see how to be cluefull?".

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Adminisher: 5:32pm On Nov 04, 2015
BALLOSKI:
and even more surprising, is the push in some quarters that BUHARI should not mention the name of Gej and his cronies who brought us here. Can you imagine?

They are operating under a curse . The demon of corruption is hiding behind the demon of corruption. If you steal inside Onitsha market they will lynch you to death but Jonathan can carry go with his loot and his 419 Niger bridge. Only God can set them free.

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Yeske2(m): 5:50pm On Nov 04, 2015
bettercreature:
So oshiomole was actually saying the truth that USA told them somebody stole $6 billion
Honestly, i thought he was joking too. GEJ ran this country aground seriously

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by BALLOSKI: 5:59pm On Nov 04, 2015
Adminisher:


They are operating under a curse . The demon of corruption is hiding behind the demon of corruption. If you steal inside Onitsha market they will lynch you to death but Jonathan can carry go with his loot and his 419 Niger bridge. Only God can set them free.
I can't believe that trash is coming from those hypocrites. Omojuwa and his ilk who claim they supported PMB in the last election, are even among the stvpid group saying BUHARI should quit blaming Gej.

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by duwdu: 6:06pm On Nov 04, 2015
ISpiksDaTroof:
Nigeria to sell, buy oil directly, cut out middlemen



By Michelle Faul | AP November 3 at 4:04 PM

LAGOS, Nigeria — Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corp. announced Tuesday night.

The major policy shift fits new President Muhammadu Buhari’s plan to halt corruption endemic in the industry in Africa’s biggest oil producer. The previous administration of President Goodluck Jonathan had ignored warnings from Central Bank Governor Lamido Sanusi that some $20 billion in oil sales over three years was missing from federal coffers, and instead fired Sanusi.

Nigeria produces 2 million barrels of crude a day, according to the corporation’s website. Nigerians consume about 9 million liters (2.4 million gallons) of gas daily, almost all imported because local refineries are inefficient. One barrel of crude produces about 30 gallons of diesel or fuel.

A statement from spokesman Ohi Alegbe said the decision was made after a screening of previously used and prequalified petroleum product importers revealed almost all the 34 international and 10 local companies were middleman businesses.

The shift is “a major steer designed to enshrine transparency and eliminate the activities of middlemen in the crude oil exchange,” said the statement from the corporation’s new management. One of Buhari’s first acts as president was to fire all the old managers.

Corruption that thrived under Jonathan’s watch had favored officials being sold entire shipments of crude at favorable rates so they could pocket the profits. The U.S. Department of Justice warned Buhari earlier this year that one minister had pocketed $6 billion from oil sales.

The massive thefts came as oil prices topped $110 a barrel. Now Nigeria is in crisis, with halved prices for the oil that provides 80 percent of government revenue and Buhari has complained he inherited an emptied treasury.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


https://www.washingtonpost.com/world/africa/nigeria-to-sell-buy-oil-directly-cut-out-middlemen/2015/11/03/ce2d0242-826a-11e5-8bd2-680fff868306_story.html

Yet, some people will say this government of PMB is not working, and even claim that the credit for this policy and it's implementation belongs to the immediate past regime of GEJ. gringringrin

P34c3
.....
...

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by fineguy11(m): 6:21pm On Nov 04, 2015
THIS IS EXACTLY WHY I VOTED FOR CHANGE!!!!SAI BUHARI...Nigeria is in safe hands,we can all go and sleep with our 2 eyes closed....

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by tblacker(m): 6:32pm On Nov 04, 2015
omenka:
Awesome!! The most useless party in Africa and indeed the world, says Baba's utterances and strategy is "demarketing" Nigeria, meanwhile those to whom he's trying to sell his ideas think otherwise.

Only those with irreparably abused minds and perpetually sore losers would NEVER see the good intentions and deeds of this gentleman for our common good.

My faith in this man remains unwavering as he methodically performs the much needed surgical procedure on this patient that was rushed into the ER on May 29th.

Now Goats would be forced to eat grass which was what God in his infinite wisdom designed they to eat from creation. But somewhere along the line, the natural course of event was altered, the door to the barn was left wide open, and our Goats all became Ajebo Goats that fed exclusively on Yams and lost the appetite for grass, they grew so fat we started mistaking them for Buffalo.

I expect some initial resistance as they are forced out of the Barns into the fields to feed on their natural staple, but of course we know it would all be in futility- they only run the risk of starvation should they insist on Yams.

May God continue to direct your hands Mr President. Slowly but surely, we are on the path towards a full recovery.

God bless Nigeria.



Cc: Modath. The music has gone international. smiley


You will never know lack in your life from this day onward in Jesus Name...

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Adminisher: 6:38pm On Nov 04, 2015
Zoharariel:


I dey tell you. Jonathan is the worst President ever, in Nigeria's history, but ofcourse, his die-hard fans still see him as a hero. A sore loser, a weakling & a bastion of corruption who had to concede defeat after he tried all manner of kindergarten tricks to manipulate the election but failed woefully.

I have really missed his “GEJ Till 2019” robots. I hear their new slogan now is “This Zoo Must Fall” - Useless nonentities! grin

Any die hard fan of Jonathan is subject human. Even if your son fails exams you use tough love on him to improve. Pampering a 58 year old man with flattery and praises by young people is very idiotic. There is no way to look at it and not feel contempt for this tribe. They are just good for short term trading and quick profit

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by omenka(m): 7:28pm On Nov 04, 2015
tblacker:



You will never know lack in your life from this day onward in Jesus Name...
Ameeeeen!!! cheesy
Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by IcecoldDon: 8:02pm On Nov 04, 2015
But seriously.....still no response or input from the PDP fans?? I am seriously disappointed. Where d hell is firefire,tonyebacarnista,mizmycoli etc......

Or should we take it that this isn't worth contributing about Shouldn't all divide be about making Nigeria greater and better??

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by docadams: 8:30pm On Nov 04, 2015
I am feeling bad again. Oh, God! Why did you forsake us for so long?

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by adebammy: 9:39pm On Nov 04, 2015
U will never see d wailing wailers on dis good news. Nigeria will surely rise again. Thank God for sai baba.

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Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by Gbawe: 8:06am On Nov 05, 2015
IcecoldDon:
But seriously.....still no response or input from the PDP fans?? I am seriously disappointed. Where d hell is firefire,tonyebacarnista,mizmycoli etc......

Or should we take it that this isn't worth contributing about Shouldn't all divide be about making Nigeria greater and better??

What do you want them to say? This is glaring evidence the PDP deliberately set out to loot and drain Nigeria with the injurious policies and practises it put in place that only benefited cabals and 'get rich quick' miscreants to the detriment of ordinary Nigerians. PDP supporters simply have no mouth to talk because they are now seeing validation of how the Party they clannishly supported conspired to ruin Nigeria. Buhari is not carrying out rocket science reforms. He is simply taking measures that will benefit ordinary Nigerians through a deliberate effort to take power and wealth away from powerful and destructive cabals to then make that power and wealth available to ordinary Nigerians.

The only people not supporting Buhari currently, over this pivotal move, would be those who want Nigeria to fail for their own selfish, clannish and ethnocentric reasons. They will not show face on this thread because it is obvious Buhari is doing the right thing for Nigeria. Since they hate Nigeria, they must remain silent and continue to hope Buhari fails with his bold and revolutionary moves no one before him has attempted to make since 1999.

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