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Conflicting Data,information And Accounts From D Real Cabal. - Politics - Nairaland

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Conflicting Data,information And Accounts From D Real Cabal. by nolongtin(m): 11:17am On Jan 30, 2012
Fuel subsidy probe Farouk Lawan: what is Nigeria’s daily fuel consumption?
Diezieni: 52million Liters
NNPC: 35m liters
DPR: 43m liters
PPPRA: 24M liters
Okonjo: 40M liters
Farouk Lawan: What was the subsidy for 2011?
Diezieni: 1.4Trillion
Okonjo: 1.3Trillion
CBN: 1.7Trillion
Farouk Lawan: Can we have the KPMG REPORT?
Okonjo: I have to go through the report first
Diezieni: I have not seen the report
Farouk Lawan: What is the production capacity of our local refineries?’
NNPC: 30%
PPPRA: 20%
DPR: 13%
Diezieni: 15%
Farouk Lawan: Does Nigeria pay subsidy on locally refined Products?
Diezaini: it depends
NNPC: The lay man cannot understand how it’s done
PPPRA: yes
DPR: No
Farouk Lawan: Why is Kerosene still scarce?
Diezieni: Because its use by the aviation industry as aviation fuel
NNPC: Because there is no subsidy so NNPC overstretched its resources
PPPRA: it’s not properly deregulated
Farouk Lawan: what is the balance in the subsidy accounts?
Diezieni: it’s a virtual account
NNPC: There is no account in existence as the lay man will look at it
PPPRA: The account is a technical one
CBN: There is no account with us for subsidy
Okonjo: The account exists but not with a bank
Its pure magic! The more you hear the less u understand.
Re: Conflicting Data,information And Accounts From D Real Cabal. by shatat: 12:16pm On Jan 30, 2012
lol.
Thanks for this comprehensive piece of information. We all know the truth. Sad though that these are supposed to be educated people and Havard graduates. Not surprised though, Havard graduates destroyed the American and European Economy with their so called Magicnomics.

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