Politics › Re: Grant Amnesty To Boko Haram, Northern Elders Tell Buhari by anonimi: 7:22pm On May 25, 2015 |
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Politics › Re: The Dumbness Of The “convoy ” Story: Buhari Should Stop Deceiving Nigerians by anonimi: 7:12pm On May 25, 2015 |
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Crime › Re: I Stole To Help My Friend Treat Kidney Failure—suspect[picture] by anonimi: 5:25pm On May 25, 2015 |
M4gunners: Don't be deceive Sister. A criminal is a criminal no matter what lead you to do it. Abi oh and anyone can tell a story for GULLIBLE people to believe. Abi nor be person tell us sey im get N1m but the wife donate N35m drugs  Stories full ground plenty  |
Crime › Re: I Stole To Help My Friend Treat Kidney Failure—suspect[picture] by anonimi: 5:21pm On May 25, 2015 |
ijustdey: This isn't a good reason to steal.
They went overboard Please what is a GOOD reason to steal  Thanks. |
Politics › Re: PDP Blasts Buhari For 'Embarrassing' Treatment Given To Him By Cameron In London by anonimi: 1:12pm On May 25, 2015 |
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Politics › Re: PDP Blasts Buhari For 'Embarrassing' Treatment Given To Him By Cameron In London by anonimi: 1:08pm On May 25, 2015 |
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Politics › Re: Protest Going On In Lagos Over Fuel Scarcity : Exclusive Photos by anonimi: 11:49am On May 25, 2015 |
ibmmusty: Is this the lagacy that the clueless one is so desperately trying to leave? The real clueless one is the Daura President who said he does not know what subsidy is and so encouraging marketers to hoard their fuel.Hope you have enough clue to reaskn that out yourself  QuotaSystem:
DT: One burning issue is fuel subsidy. I believe you are aware of the queues in major cities like Lagos and Abuja. The fuel importers say they are unsure of the direction of the new government in this area. Have you considered maintaining or withdrawing this subsidy or are you questioning whether it didn’t exist at all?
Buhari: One of the problems I have, other than the military, is the petroleum industry where I served for three and a half years under General Obasanjo. When people start talking about this subsidy I honestly get confused. I will tell you this, and I hope it will answer what you want to know. Back then we had a refinery in Port Harcourt, which was refining 30,000 barrels a day of Nigerian crude. Later, it was upgraded to refine 100,000 barrels a day. Another refinery was built in Port Harcourt to refine 150,000 barrels per day of Nigerian crude. So, Port Harcourt alone had the capacity to refine 250,000 barrels per day of Nigerian crude.
But when I found myself as the Minister of Petroleum I set up another refinery in Warri for 100, 000 barrels per day of Nigerian crude and the Kaduna refinery a 100, 000 barrels per day. So Nigeria built capacity to refine 450,000 a day. Four Hundred thousands of which is purely Nigerian crude, but 50,000 was imported. The type of crude could be Venezuelan, which could be a bit heavier. But the lighter ones - kerosene, aviation fuel, diesel, PMS of different grades could be produced from our crude because Nigerian crude is about the best in the world.
If you could recall, after finishing as Minister of Petroleum, I subsequently became Head of State. You remember, I appointed Professor Tam David West as the Minister of Petroleum. When we rounded up bunkers, collected their illegal jetties and allowed jetties for only big firms which were doing production and development in the country, we were shocked that we had too much fuel.
We had to begin to export 100,000 barrels per day. Don’t forget that we didn’t stop at building refineries, we built more than 20 depots during my time, from Port Harcourt to Ilorin, Makurdi, Suleija, Maiduguri and Kano. More than 3,000 pipelines were laid to connect them. A number of stations were also built to take the trailers off the road, save lives and the infrastructure on the road. It is more economical because each trailer uses fuel.
We did all that in this country and we didn’t borrow any money as far as I know. It’s Nigerian money. From each Nigerian crude, whether Akwa Ibom, Bonny Light or whatever it is, you can work out how much products it will give you; how much petrol it will give you; how much diesel it will give you if you want to produce diesel. We could tell how much Nigerian crude cost, the cost of transportation from there to the refinery, the cost of refining, the cost of transportation to the pump stations and maybe 5 per cent go for overhead.
I can understand if Nigerians pay for those costs. But somebody is saying he is subsidizing Nigerians. Who is subsidizing who?
DT: Does it suggest that you don’t believe in the subsidy? So, you are not going to agree to its continuation in anyway?
Buhari: I would like to be on ground and find out what really has been going wrong. Why is it that people are doing round-tripping with the Nigerian products and take money from the treasury? Some people are still in court. You know about it. So, I’m not taking anything for granted. But I will try and find out what went wrong.
Read full interview on other issues in the link below:
Source: http://dailytrust.com.ng/sunday/index.php/top-stories/20804-i-don-t-know-what-fuel-subsidy-means-buhari |
Politics › Re: Buhari To Unveil Anti-corruption Strategy by anonimi: 11:21am On May 25, 2015 |
django1: Use your brain ore. Na which of the two questions you fit answer, you wey don use your brain  |
Politics › Re: Nigeria, Poorly Managed For Eight Years – Obasanjo by anonimi: 9:11am On May 25, 2015*. Modified: 9:32am On May 25, 2015 |
oduastates: Baba created jobs. Real jobs in banking, telecoms,IT,education,hospitality petroleum etc. Real middle class stuffs Not to forget, the foreign visa galore ( won by OBJ gravitas)which many of my friends took advantage of to get out of Nigeria. Abeg make una come see concentrated stewpidity on display  The Agbaya of Owu did all these job creation plus "real middle class stuffs" yet many of your friends found it necessary "to get out of Nigeria"  Is it that you are: a) Confused b) a Liar c) Both Anyway you be liar already because General Bully Aminu of Ota did not win any foreign visa galore gravitas!!! |
Celebrities › Re: Seyi Shay Stuns In Blue Swimsuit (photo) by anonimi: 8:55am On May 25, 2015 |
She dey serve punishment abi na wetin  |
Politics › Re: Buhari: Why My Meetings With Jonathan Last Less Than 15 Minutes by anonimi: 8:54am On May 25, 2015 |
midolian: Buhari shldnt have expected anything good from the clueless ministers of the clueless otueke man. Na you gangan be the definition of clueless otherwise you for sabi sey the OP na LIAR as the link wey be the sauce of im tori does not exist  |
Politics › Re: Nigerians Are Right To Expect Miracles From Buhari - PDP Chief Sunny Onuesoke by anonimi: 8:42am On May 25, 2015 |
Abi oh! When the man dey promise yanfu yanfu and his beguiled followers dey shout change chnage plus sai buhari im thing sey na joke  |
Politics › Re: Abuja To Otuoke Trekkers Did Thanksgiving For Safe Journey by anonimi: 8:38am On May 25, 2015 |
Aminat508: Biko, me sef wanna trek ooo..... Who go join me?
 You sure sey you qualify so for make person join you? Abeg oya show your particulars  |
Politics › Re: Buhari To Unveil Anti-corruption Strategy by anonimi: 8:34am On May 25, 2015 |
PassingShot: Read boy! Read! Old man, in case you missed it, na question wey I ask. If you fit answer make you answer otherwise....................... |
Politics › Re: Buhari To Unveil Anti-corruption Strategy by anonimi: 8:19am On May 25, 2015 |
From London  Abi BabaOneChance don return already from his abrupt and sudden need to go and rest? |
Education › Re: FG Approves The Establishment Of Two Specialised Universities by anonimi: 8:16am On May 25, 2015 |
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Education › Re: FG Approves The Establishment Of Two Specialised Universities by anonimi: 7:55am On May 25, 2015*. Modified: 8:35am On May 25, 2015 |
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Politics › Re: Okonjo-iweala Exposes What States Got From Excess Crude Account by anonimi: 7:49am On May 25, 2015 |
iphy42: So why are some of those south south governors saying that they cannot pay salaries? Be specific please. Do you mean Donatus General (DG) Amaechi, the Dog of the Tribe of Ubima  |
Politics › Re: The REAL Reason Ifeanyi Uba Released Withheld Fuel by anonimi: 7:46am On May 25, 2015 |
QuotaSystem: Goodluck wanted to further rape Nigerians by imposing a pump price of about N140 upon removal, subtract that from N35 to see the value of GEJ's wickedness since you've agreed the subsidy is a scam. He was not just clueless but desperately wicked. How much was fuel selling for in December 2011 at stations and in the black market  Thanks. |
Politics › Re: The REAL Reason Ifeanyi Uba Released Withheld Fuel by anonimi: 7:26am On May 25, 2015 |
QuotaSystem: There is actually some research done by a colleague at the University of Northampton which proves without reasonable doubt that the landing cost of imported petrol in Nigeria taking consideration of the fact that we have crude to exchange (containing more fuels like kerosene and bitumen) is just N35 proving the whole subsidy is a scam. Will make it available as soon as possible. Many were told this in 2012 when Jonathan cancelled completely the subsidy but we called him clueless and did Occupy Nigeria, not so  Who is clueless now?  Dr. Goodluck Ebele Jonathan, the man who saw tomorrow. Thanks. |
Politics › Re: The REAL Reason Ifeanyi Uba Released Withheld Fuel by anonimi: 7:24am On May 25, 2015 |
QuotaSystem: I can understand if Nigerians pay for those costs. But somebody is saying he is subsidizing Nigerians. Who is subsidizing who? He should ask the navigator of his APC party, the Agbaya of Owu who also doubled as Minister of Petroleum while President and Yar'Adua => Fuel Subsidy Scam: Senate Releases Names Of Cabal DEC 02, 2011
Oando Oil, CONOIL, African Petroleum and MRS Oil are among the powerful players in the petroleum sector that have [size=15pt]shared over N3.655 trillion between 2006 and September 2011[/size] in pursuit of importation of refined petroleum products.
More from: http://saharareporters.com/2011/12/02/fuel-subsidy-scam-senate-releases-names-cabal In January 2012, Jonathan completely cancelled the FRAUDULENT subsidy to liberalise the downstream market just as was done for mobile telecommunication. However our stewpid fellow citizens were MISLED by those cabal to perpetuate the SCAM. Here we are today still suffering with no hope for smiling soon. |
Politics › Re: Patience Jonathan Fuelled My Conflict With President, PDP – Amaechi by anonimi: 7:20am On May 25, 2015*. Modified: 10:39am On May 25, 2015 |
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Politics › Re: The REAL Reason Ifeanyi Uba Released Withheld Fuel by anonimi: 7:17am On May 25, 2015 |
QuotaSystem: Buhari: I would like to be on ground and find out what really has been going wrong. Why is it that people are doing round-tripping with the Nigerian products and take money from the treasury? Some people are still in court. You know about it. The highlighted is for those nincompoops who said Jonathan did nothing about the fraudsters involved in the oil subsidy scam!  |
Politics › Re: Top 10 'dodgy' Contracts Awarded Under Brf In Lagos State by anonimi: 2:18am On May 25, 2015 |
MugabeRobert: What's this? So you want us to take some random pictures from a known hateful rodent as evidence? Do you have any shame? Where are your own pictures, you wey be loveful rodent  |
Politics › Re: 5 GEJ Ministers That Performed Very Well by anonimi: 8:48pm On May 24, 2015 |
Stella Odua an Nnaji also even though no longer Ministers. |
Politics › Re: Jonathan Destroying Nigeria Before Handover – APC by anonimi: 7:41pm On May 24, 2015 |
ayox2003: You shouldn't expect them to empathise with the people because we finally cut them off our national cake. Which national cake? Do you mean Niger Delta oil revenue Or do you mean groundnut, cocoa, cotton, kolanut, rubber etc revenue?  Get real man or get lost!!! |
Politics › Re: FG Withdraws N395bn From Excess Crude Account by anonimi: 7:32pm On May 24, 2015 |
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Education › Re: David Oyedepo Foundation Scholarship Programme 2015/2016 Registration Begins by anonimi: 7:25pm On May 24, 2015 |
This is good IRRESPECTIVE of how the money was obtained.
More of our rich people need to do this and for primary, secondary and vocational/technical schools as well. |
Politics › Re: Obasanjo's Sister, Adunni-oluniola Eweje-obasanjo Is Dead by anonimi: 5:26pm On May 24, 2015 |
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Politics › Re: Obasanjo's Sister, Adunni-oluniola Eweje-obasanjo Is Dead by anonimi: 4:52pm On May 24, 2015 |
So  The Agbaya of Owu is trying too hard to stay in the news and be relevant despite his serial FAILURE at governance for 11 years! Beremx: RIP mama.
My condolences to her family she left behind.
Take heart Baba Iyabo He is no longer Baba Iyabo as the daughter publicly disowned the incestuous old man! |
Politics › Re: Buhari Must Get His Act Right In Three Months - Obasanjo by anonimi: 3:41pm On May 24, 2015 |
What did Misitah-Adviser and APC navigator get right in his 8 years of mis-governance  - Power - Railways - Airports - Universities - Almajiri schools - Agriculture - Roads What is the benefit of a FAILURE advising a BabaOneChance  |
Travel › Re: 10 Exotic Vacations Nigerians Can Take Without A Visa by anonimi: 12:26pm On May 24, 2015 |
Where are the resorts in Nigeria abi we need visa to visit those ones ni  |