The imports are paid for by NNPC with oil money. What a stone-head! And who imports it? What section of the country are they from? Does where they are from coincide with where there are riots?
Nematode.
What OIl money are you talking about, if we don't have oil we will still import.
^ You are a funny guy! Just check the cloumn for the billions and lets know how far. People are using you as ethnic sheilds and you're dancing for joy. They are using you like fools in a protest without direction, its not even that you are getting any of the stolen money.
emmatok:
Will subsidy removal end corruption in Nigeria. NO
The real cabals are the NNPC and PPPRA they are the ones wasting our money.
It been long we know you won't support N.L.C u have been wonting to divide Nigeria but not 2 worry just stay in your various holes, while we will fight for Nigeria and our rights.
u guys no dey talk about the topic(in this thread) again, they are other threads that can accommodate ur arguments, the blame is on u the tribalists guys, u knw ur self,
Come Beaf, I want to ask you a question, Do you think Abacha is still in power or do you need us to explain democracy for you?
Nobody has said subsidy removal is not a good thing but the timing. More so, Economics and leadership are not thesame! no matter how excellent your idea is, you have to explain it and the benefits in understandable formats to the ordinary citizens and that can be seen in charisma of Obama and his likes; how he touts and campaigns for his ideas for proper understanding b4 implementation but here, we have a pot bellied president who prefers to force down his ideas on ordinary Nigerians rather than explain. that is never leadership, thats called dictatorship. Leadership is never complete without followership. leadership is by consent not by force. you win the hearts of many when you can communicate and convince your people of your vision, that's leadership, the other side of it is dictatorship.
^ You are a funny guy! Just check the cloumn for the billions and lets know how far. People are using you as ethnic sheilds and you're dancing for joy. They are using you like fools in a protest without direction, its not even that you are getting any of the stolen money.
NNPC is being dissolved, so sing another song.
^ just as posted earlier u are getting dumber and dumber,,,,,,,,,,,,like ur uncle
Not just BRF and Amechi. Also invited are Gov. Obi, Oshiomhole and Imoke. But no northerner, why Gej? @least Aliyu Babangida should b there, he s d leader of northern govnur's forum.
Come Beaf, I want to ask you a question, Do you think Abacha is still in power or do you need us to explain democracy for you?
Nobody has said subsidy removal is not a good thing but the timing. More so, Economics and leadership are not thesame! no matter how excellent your idea is, you have to explain it and the benefits in understandable formats to the ordinary citizens and that can be seen in charisma of Obama and his likes; how he touts and campaigns for his ideas for proper understanding b4 implementation but here, we have a pot bellied president who prefers to force down his ideas on ordinary Nigerians rather than explain. that is never leadership, thats called dictatorship. Leadership is never complete without followership. leadership is by consent not by force. you win the hearts of many when you can communicate and convince your people of your vision, that's leadership, the other side of it is dictatorship.
Come Beaf, I want to ask you a question, Do you think Abacha is still in power or do you need us to explain democracy for you?
Nobody has said subsidy removal is not a good thing but the timing. More so, Economics and leadership are not thesame! no matter how excellent your idea is, you have to explain it and the benefits in understandable formats to the ordinary citizens and that can be seen in charisma of Obama and his likes; how he touts and campaigns for his ideas for proper understanding b4 implementation but here, we have a pot bellied president who prefers to force down his ideas on ordinary Nigerians rather than explain. that is never leadership, thats called dictatorship. Leadership is never complete without followership. leadership is by consent not by force. you win the hearts of many when you can communicate and convince your people of your vision, that's leadership, the other side of it is dictatorship.
All of una wey dey shout democracy are underestimating the immense powers of an executive president.
I believe if the president has sufficient reason to believe a govenor may be a national security risk, the former can summon (yes, order) the gov to appear. If the govnor refuses to appear, the presdent may be forced to declare a state of emergency in the state, effectively forcing the govnr from office, removing his immunity § could have him arrested. Something similar happened durin Obj's tenure, abi?
Come Beaf, I want to ask you a question, Do you think Abacha is still in power or do you need us to explain democracy for you?
Nobody has said subsidy removal is not a good thing but the timing. More so, Economics and leadership are not thesame! no matter how excellent your idea is, you have to explain it and the benefits in understandable formats to the ordinary citizens and that can be seen in charisma of Obama and his likes; how he touts and campaigns for his ideas for proper understanding b4 implementation but here, we have a pot bellied president who prefers to force down his ideas on ordinary Nigerians rather than explain. that is never leadership, thats called dictatorship. Leadership is never complete without followership. leadership is by consent not by force. you win the hearts of many when you can communicate and convince your people of your vision, that's leadership, the other side of it is dictatorship.
You agree that the subsidy removal is good, yet you are dumb enough to claim you are protesting it. Others are not as dumb as you, we see through what is going on. The common people are being driven unto the streets with thinly veiled ethnic calls from the cabal that is almost 100% resident in the SW and core-North.
You agree that the subsidy removal is good, yet you are dumb enough to claim you are protesting it. Others are not as dumb as you, we see through what is going on. The common people are being driven unto the streets with thinly veiled ethnic calls from the cabal that is almost 100% resident in the SW and core-North.
You people are only fooling yourselves.
some times you learn to shut up, especially when you have nothing to say. Block head
You agree that the subsidy removal is good, yet you are dumb enough to claim you are protesting it. Others are not as dumb as you, we see through what is going on. The common people are being driven unto the streets with thinly veiled ethnic calls from the cabal that is almost 100% resident in the SW and core-North.
You people are only fooling yourselves.
^ Guys please ignore the fool,cos the more he post the dumber they are,,,,,,,,,,,,,,,,,,dumber and dumber and soon he will post the dumbest of them all
some times you learn to shut up, especially when you have nothing to say. Block head
You are the fool here. Claiming to be protesting something you believe in, shows you to be either extremely stup!d or driven by ulterior motives. It is quite clear that the latter is the correct view, especially when one realises that your frog-like, drug baron lord, Tinubu is the biggest cabal member.
[size=33pt]Oando Nigeria Plc, N228.506billion.
Talk about incentive to riot, play the fool and die cheaply.[/size]
^ Guys please ignore the fool,cos the more he post the dumber they are,,,,,,,,,,,,,,,,,,dumber and dumber and soon he will post the dumbest of them all
@Beaf,Leomax and friends
Have a stonking party with your friends, fool. They are just as "clever" as you!
Come Beaf, I want to ask you a question, Do you think Abacha is still in power or do you need us to explain democracy for you?
Nobody has said subsidy removal is not a good thing but the timing. More so, Economics and leadership are not thesame! no matter how excellent your idea is, you have to explain it and the benefits in understandable formats to the ordinary citizens and that can be seen in charisma of Obama and his likes; how he touts and campaigns for his ideas for proper understanding b4 implementation but here, we have a pot bellied president who prefers to force down his ideas on ordinary Nigerians rather than explain. that is never leadership, thats called dictatorship. Leadership is never complete without followership. leadership is by consent not by force. you win the hearts of many when you can communicate and convince your people of your vision, that's leadership, the other side of it is dictatorship.
You are the fool here. Claiming to be protesting something you believe in, shows you to be either extremely stup!d or driven by ulterior motives. It is quite clear that the latter is the correct view, especially when one realises that your frog-like, drug baron lord, Tinubu is the biggest cabal member.
Can somebody help me tell you that you are a mo,ron because thats what you are. Do you read or think through your anus or both, i guess the latter. please read again and pay attention to the bolded and get back to me when you start thinking through your brain not your smelly poo poo box.
Marketers Kick over Fuel Import Contracts By Chika Amanze-Nwachuku, 07.19.2010
Major and independent petroleum marketers have petitioned the Presidency, demanding a review of the third quarter allocation of fuel import contracts which was allegedly carried out secretly.
They alleged lack of transparency in the manner the Petroleum Products Pricing and Regulatory Agency (PPPRA) handled the second and third quarter allocations.
The aggrieved marketers want the presidency to compel the agency to make public, details of the companies that benefited from the allocations; their installed capacities, quantity of products applied for and quantity approved.
Also, the date of importation, port of discharge, vessel name, quantity imported, Naval/ Department of Petroleum Resources (DPR) clearance of such vessel, country of origin as well as names of the promoters of such companies should be made public, they demanded.
The oil dealers who further alleged manipulation in the manner the PPPRA handles administration of the newly introduced Sovereign Debt Instrument (SDI) said that the federal government, in the last few months, has paid out billions of naira to ‘brief case companies’ as imports subsidy on the recommendations of the PPPRA. They have vowed that should the government fail to address the issue, they may be compelled to resort to other means to seek redress. The petition written by the marketers noted that “in the second and third quarters specifically, some companies were allocated petroleum products import permit above their request and/or installed capacity, some got allocation below their request and installed capacity while others with well established structures for supply and distribution got nothing at all.
“In the interest of fair-play and transparency, we demand from PPPRA a publication of the full list of those companies which got petroleum products allocation in the second and third quarters along with their installed capacities, quantity applied for, quantity approved, date of importation, port of discharge, vessel name, quantity imported, Naval/DPR clearance of such vessel, country of origin as well as names of the promoters of such companies.
“We also demand that the current third quarter allocation which the PPPRA and its cohorts have secretly carried out be reviewed, the agency should equally give reason for not making the third quarter allocation public, otherwise, we shall be compelled to resort to other measures to seek redress."
The marketers alleged that the PPPRA leadership is flouting government policy by continuously favouring non-core investors in the allocation of products.
“We have borrowed and invested billions of naira to create employment and grow local capacity in the Nigerian economy through construction of tank-farms, filling stations, petroleum tankers as well as acquired ships and jetties, yet we are being denied allocation," said another marketer.
The marketers also noted that they are currently faced with a myriad of challenges including a huge debt overhang occasioned by the collapse in oil prices which hit the international market two years ago; the global economic downturn and its impact on the Nigerian economy and the current banking reforms.
“We are doing our best to cope with these challenges of huge debt overhang due to declining oil prices and shall not sit back and watch helplessly while misguided elements undermine government’s good intentions for the growth and development of the industry.
“Clearly, the recent passage into law of the Nigerian Content Bill underscores in more eloquent terms government’s good intentions. However, the second and third quarter allocation is obviously at variance with the aspirations of government to grow indigenous capacity,” the marketers stated in their petition.
Under the guidelines of the Petroleum Subsidy Fund, only companies that are registered as oil marketing companies with the Corporate Affairs Commission; those with proof of ownership of storage facilities of 5,000 MT for a particular product as well as dispensing facilities (retail outlet network); and companies with the ability to finance a minimum cargo of 5,000 MT of product, are eligible to draw from the fund.
But the PPPRA with the support of the ministry has been circumventing the criteria for a long time, enabling ineligible companies to make claims for products they often do not import. THISDAY investigations revealed that in the third quarter, African Petroleum, MRS and Oando were allocated 180,000 Metric Tonnes (MT) each. Also, a company identified as SPOG Energy was allocated 210,000 MT, Pinnacle and Zenon Petroleum, 60,000, each, while Masters Energy and Capital Oil and were allocated 15,000MT each.
In the 2nd quarter, most of the companies listed by the PPPRA were unknown companies in the oil and gas industry. They included Alminur Resources Ltd, Annajul, ASB Investment Company Ltd, Delmar Petroleum Company Ltd, Knights Bridge Ltd, Lloyds Energy Ltd, Majope Investment Ltd, Menol Limited, Pinnacle Oil and Gas Ltd, Rosari Ltd, SEDEC Energy Ltd, Sirus Taglient Petro Ltd and Stonebridge Oil Ltd.
In the 2nd quarter allocations, Folawiyo Energy Ltd requested for 360,000 MT but saw its allocation reduced to 150,000 MT; Mobil Oil Nigeria Plc asked for 90,000 MT but was given 30,000 MT to import; Rahamaniyya Oil & Gas Ltd was slashed from 180,000 MT to 60,000 MT; Sahara Energy Resources was cut from 350,000 MT to 60,000 MT; and Honeywell Oil & Gas Limited from 90,000 MT to 15,000 MT.
Others companies, which had their requests slashed include: MRS Oil & Gas Ltd - 480,000 MT to 90,000 MT; Total Oil Plc - 60,000 MT to 30,000 MT; Acorn Petroleum Plc - 120,000 MT to 15,000 MT; Conoil Plc 120,000 MT to 60,000 MT; Integrated Oil & Gas Ltd - 90,000 MT to 15,000 MT; IPMAN Investment Limited - 90,000 to 30,000 MT; NIPCO Plc - 60,000 MT to 30,000 MT; and Masters Energy - 180,000 MT to 30,000 MT.
Reacting to the allegation that the PPPRA and the Ministry of Petroleum is doing everything possible to ensure that the third quarter import allocation schedule does not get into the public domain, the Petroleum Minister Mrs. Diezani Alison-Madueke distanced herself from allegations that she interfers in the daily operations of the PPPRA.
Speaking through the General Manager Group Public Affairs Division at the Nigerian National Petroleum Corporation (NNPC) Dr. Levi Ajuonuma, the minister said the allegations were baseless, given that the agency is not administratively within her direct supervision.
She added that the PPPRA is under the presidency and does not report to her. “Any insinuation to the effect that the minister interferes with the day-to-day running of either PPMC or the PPPRA is not only unfair, but a blackmail which will not be tolerated,” Levi stated.
Also, a PPPRA source who spoke on condition of anonymity last night dismissed the allegations and insisted that the agency has been transparent in the handling of products allocation. He explained that the agency allocates products to entities in accordance with the Petroleum Subsidy Fund (PSF) guidelines, which provides that only registered companies with proof of ownership of storage facilities of 5,000 MT or entities that have confirmed through-put arrangement with other companies are entitled to the products allocation.
He said about 50 companies applied for allocation, a number, which the agency viewed as too much. The source also denied the alleged manipulation of the SDI, saying it comes directly from the Debt Management Office (DMO). He explained that some marketers submitted their bids very late, but that 35 marketers who were qualified for the third quarter benefitted.
the real cabal - gej and the amazon - no amount of incoheent spam from squuealer can change that
the slurred incoherence rats from a drunk in the toilet cannot hide the fact that the his master and mistress are the real villains in this story.
Can somebody help me tell you that you are a mo,ron because thats what you are. Do you read or think through your anus or both, i guess the latter. please read again and pay attention to the bolded and get back to me when you start thinking through your brain not your smelly poo poo box.
Dude, it takes real stup!dity to protest something you claim to believe in. Its not that you're 3 years old either. So, please accept the conclusion I've reached and stop bitching about it.
