₦airaland Forum

Always read to understand not read to reply.

Shadomaan7:
The writer is just bitter about Dangote's success.

If Dangote is doing so badly, why is the writer so concerned?

The writer should focus on his own business and stop being bitter about Dangote success

AN OPEN MAIL TO MR. PRESIDENT - DANGOTE REFINERY AND NNPC ROBBERS.

A few years ago, when Alhaji Dangote took a decision to go into the refinery project , the whole Nigeria, as a nation, broke into wild song of joy, thinking and signalling an end to NNPC - PMS corruption anchored by Mele Kyari (NNPC- GMD) and Sade Lawal (MD – NNPC Trading ) is imminent.

Although, Dangote refinery has come at a cost to the tax payers, using the common wealth ( public forex sold at a concessionary rate by the former governor of CBN, Emefele Godwin,) the comfort is that when the refinery is completed, the gains would come at a lower cost of fuel to Nigerians. However, this is not going to happen so soon unless Mr President does the needful that is expected of him as a leader, if he is that credible.

Nigeria has suffered in the hands of the few at NNPC. NNPC, as a den of corruption and robbers has created so much pains to Nigerians and to sustain this corruption level, the GMD/CEO, NNPC and his team bribe everyone possible with dollar cash , including EFCC officials, National Assembly leaders and the men that surround Mr. president at the villa. It is a bazar like !.

In the past years, NNPC had spent huge sums of money, turning around the adult – infant refinery in Port Harcourt, all no avail. The public refineries are adults in terms of age but remain infants, in terms of productivity , wasting tax payers money. This however, helps them to keep their refinery at Malta running and to keep the corruption game on with oil traders and the local marketers working with them for PMS importation and allocation.

Dangote refinery was to help stop this but these criminals wont give up easily.!

As at last year, Mele Kyari was singing loud that the refinery in PH would soon start working and up till now., nothing has happened. ! and nothing has happened to him also. The destruction they have met to the public assets / refineries were about to be extended to Dangote when Alhaji Dangote cried out and fought the NNPC cabal in the Press, thus, necessitating the need to hold a peace meeting where they agreed that they would sell crude in Naira and DANGOTE would in turn hand over the refined product to them (NNPC) so that the game of PMS corruption would continue at NNPC. What a meeting!.

Many sane people should start asking why should Dangote produce and pass the product to NNPC who will now resell to depot owners / marketers,?. Why cant Dangote produce and sell directly to depot owners/marketers and what-ever the short fall is , in-terms of under cost recovery, can then, be given to DANGOTE in form of subsidy, which is what NNPC still does in a rigmarole way, but to facilitate fraud and further entrench the corruption in the PMS game, they still want to be in the middle.

The main reason why shameless NNPC under the leadership of Mele Kyari wants to take custody of Dangote product is to continue PFI allocation fraud ridden process by selling to selected marketers who each pays USD250,000 for every 10,000mt allocation. This is a fact and even the security agencies know about this but because they share part of the loot they wont say anything. This game has been on for years.

Normally, if Dangote were to sell to marketers directly, this USD250,000 per PFI allocation would be avoided and would help to reduce the final cost of PMS, rather, NNPC has hijacked it , the same way they did when they were importing, selling to only a few marketers whom they share money with. For instance, there are over 50 tank farms / depots in Nigeria, that have bulk purchase agreement with NNPC, however NNPC TRADING under the leadership of SADE Lawal now sells to only about 12 marketers (AA RANO, SHAFA, SALBAS, RAIN OIL, Mainland Oil, Nepa , Shell, Adova, MATRIX, ROSA MYSTICA, TOTAL PLC, MRS, NORTHWEST, COOL SPRINGS ). Most of these marketers don’t have retail outlets. Ask me, where are the retail outlets of Cool springs, Sharon, Rosa MYSTICA, Lister ?. ? All these marketers pay USD250,000 to get 10,000mt allocation using agents created by NNPC trading of SADE Lawal. The marketers that are not playing game with them are now locked out. What a shame !.

The implication of this is that these marketers would add this cost to the cost of purchase and the same product would be over 1,000/ litre in the open market because the bribe alone is over 55naira per litre. This is the fraud orchestrated by SADE LAWAL and MELE KYARI of NNPC. Then , how has the poor benefited from Dangote refinery used our public Forex sold to him at a concessionary rate to set up.?.

What should bother every right thinking person is why President BAT has retained these criminals at NNPC that are looting our nation dry with the connivance of security agencies, if he himself is not part of the loot.!. President BAT, for watching this happening under your leadership, you will be failing your God and the nation if you don’t do something URGENTLY. God’s anger would visit you if you keep Nigerians perpetually poor, owing to corruption that you see and feel daily. This is because Nigerians are dying of hunger, suffering, starvation, pains, agony and a few of the people you have created through corruption are living large at the expense of the poor. !. Just visit London and see how young and virile Nigerians that should be adding value to our economy have exited owing to hunger, starvation and are living and working like slaves here in UK. What of the ones in Asian countries ?. .

We advise that you uproot the entire team of NNPC and replace them with credible people as a matter of utmost urgency. Also, you should probe Mele Kayri, Dapo Segun, Sade Lawal and the host of other robbers in NNPC to serve as a deterrent to others. These are demons that have inflicted sorrow on the people on Oil and Gas. They have ruined investments of many in this sector also.

Also, it has become clear that Nigeria cannot manage NNPC because it is no longer for Nigerians. It has become a tool for corruption. Government should sell it off and use it to fund public education, health and other welfare programmes. Thus, the evil in the land has to end.

Justin Ajeigbe, PhD. of Imperial College writes from London.

AN OPEN MAIL TO MR. PRESIDENT - DANGOTE REFINERY AND NNPC ROBBERS.

A few years ago, when Alhaji Dangote took a decision to go into the refinery project , the whole Nigeria, as a nation, broke into wild song of joy, thinking and signalling an end to NNPC - PMS corruption anchored by Mele Kyari (NNPC- GMD) and Sade Lawal (MD – NNPC Trading ) is imminent.

Although, Dangote refinery has come at a cost to the tax payers, using the common wealth ( public forex sold at a concessionary rate by the former governor of CBN, Emefele Godwin,) the comfort is that when the refinery is completed, the gains would come at a lower cost of fuel to Nigerians. However, this is not going to happen so soon unless Mr President does the needful that is expected of him as a leader, if he is that credible.

Nigeria has suffered in the hands of the few at NNPC. NNPC, as a den of corruption and robbers has created so much pains to Nigerians and to sustain this corruption level, the GMD/CEO, NNPC and his team bribe everyone possible with dollar cash , including EFCC officials, National Assembly leaders and the men that surround Mr. president at the villa. It is a bazar like !.

In the past years, NNPC had spent huge sums of money, turning around the adult – infant refinery in Port Harcourt, all no avail. The public refineries are adults in terms of age but remain infants, in terms of productivity , wasting tax payers money. This however, helps them to keep their refinery at Malta running and to keep the corruption game on with oil traders and the local marketers working with them for PMS importation and allocation.

Dangote refinery was to help stop this but these criminals wont give up easily.!

As at last year, Mele Kyari was singing loud that the refinery in PH would soon start working and up till now., nothing has happened. ! and nothing has happened to him also. The destruction they have met to the public assets / refineries were about to be extended to Dangote when Alhaji Dangote cried out and fought the NNPC cabal in the Press, thus, necessitating the need to hold a peace meeting where they agreed that they would sell crude in Naira and DANGOTE would in turn hand over the refined product to them (NNPC) so that the game of PMS corruption would continue at NNPC. What a meeting!.

Many sane people should start asking why should Dangote produce and pass the product to NNPC who will now resell to depot owners / marketers,?. Why cant Dangote produce and sell directly to depot owners/marketers and what-ever the short fall is , in-terms of under cost recovery, can then, be given to DANGOTE in form of subsidy, which is what NNPC still does in a rigmarole way, but to facilitate fraud and further entrench the corruption in the PMS game, they still want to be in the middle.

The main reason why shameless NNPC under the leadership of Mele Kyari wants to take custody of Dangote product is to continue PFI allocation fraud ridden process by selling to selected marketers who each pays USD250,000 for every 10,000mt allocation. This is a fact and even the security agencies know about this but because they share part of the loot they wont say anything. This game has been on for years.

Normally, if Dangote were to sell to marketers directly, this USD250,000 per PFI allocation would be avoided and would help to reduce the final cost of PMS, rather, NNPC has hijacked it , the same way they did when they were importing, selling to only a few marketers whom they share money with. For instance, there are over 50 tank farms / depots in Nigeria, that have bulk purchase agreement with NNPC, however NNPC TRADING under the leadership of SADE Lawal now sells to only about 12 marketers (AA RANO, SHAFA, SALBAS, RAIN OIL, Mainland Oil, Nepa , Shell, Adova, MATRIX, ROSA MYSTICA, TOTAL PLC, MRS, NORTHWEST, COOL SPRINGS ). Most of these marketers don’t have retail outlets. Ask me, where are the retail outlets of Cool springs, Sharon, Rosa MYSTICA, Lister ?. ? All these marketers pay USD250,000 to get 10,000mt allocation using agents created by NNPC trading of SADE Lawal. The marketers that are not playing game with them are now locked out. What a shame !.

The implication of this is that these marketers would add this cost to the cost of purchase and the same product would be over 1,000/ litre in the open market because the bribe alone is over 55naira per litre. This is the fraud orchestrated by SADE LAWAL and MELE KYARI of NNPC. Then , how has the poor benefited from Dangote refinery used our public Forex sold to him at a concessionary rate to set up.?.

What should bother every right thinking person is why President BAT has retained these criminals at NNPC that are looting our nation dry with the connivance of security agencies, if he himself is not part of the loot.!. President BAT, for watching this happening under your leadership, you will be failing your God and the nation if you don’t do something URGENTLY. God’s anger would visit you if you keep Nigerians perpetually poor, owing to corruption that you see and feel daily. This is because Nigerians are dying of hunger, suffering, starvation, pains, agony and a few of the people you have created through corruption are living large at the expense of the poor. !. Just visit London and see how young and virile Nigerians that should be adding value to our economy have exited owing to hunger, starvation and are living and working like slaves here in UK. What of the ones in Asian countries ?. .

We advise that you uproot the entire team of NNPC and replace them with credible people as a matter of utmost urgency. Also, you should probe Mele Kayri, Dapo Segun, Sade Lawal and the host of other robbers in NNPC to serve as a deterrent to others. These are demons that have inflicted sorrow on the people on Oil and Gas. They have ruined investments of many in this sector also.

Also, it has become clear that Nigeria cannot manage NNPC because it is no longer for Nigerians. It has become a tool for corruption. Government should sell it off and use it to fund public education, health and other welfare programmes. Thus, the evil in the land has to end.

Justin Ajeigbe, PhD. of Imperial College writes from London.