Bluntemperor: We know that You Obedient don't like good things, because Una de think anti- Clock wise! Anyway,No State will vote your Obi-who will be Disruptive to many On - going -Roads 🛣️ INFRASTRUCTURES,for example: • the Lagos-Calabar -Coastal Highway Road Projects, passing through 9- Southern States, with it's Economic Benefits! • the Sokoto- Badagry Superhighways ROAD Infrastructural Projects. So,Oga Rest I take God beg you.
If you like good things, then why would you be happy with a failure like Tinubu
Someone who has destroyed Nigeria with hyperinflation, insecurity, unemployment, extreme poverty etc instead of crashing petrol price and dollar rates as he promised.
May Day: Hunger, unemployment, insecurity real— Tinubu
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
Since Tinubu and APC have failed to deliver on their promise of jobs, can we use pictures of their ongoing road construction, to buy food of N10,000 that our families will eat for several months, according to brilliant Tope Fasua
The clueless one who was the presidential candidate for the Abundant Nigeria Renewal Party (ANRP) in the 2019 general election.
anonimi: Tinubu sets 3-year economic revival, 50million jobs target
August 29, 2023
President Bola Tinubu who reiterated his commitment to economic revatalisation said he will not permit indolence or any act capable of derailing his ‘Renewed Hope Agenda’ by any of his ministers.
He gave a marching order to the 45-member of the Federal Executive Council (FEC) to perform or be ready to be fired for incompetence. @ @ Edun said the Tinubu administration inherited a bad economy with an unacceptable high rate of unemployment, and with inflation standing at 24%.
He said:“Per capital has fallen steadily, inflation is at 24 percent, unemployment is high, you know m are rebasing the way in which it’s calculated. Either way, it is high and youth unemployment is even unacceptably high, these are the key metrics that we have met.” @ @ Edun said: “Clearly, *the Federal Government is not in a position to borrow at this time*. Rather, the emphasis has to be on creating a stable, macroeconomic environment. Stable inflation, stable exchange rate, an environment within which people can come and invest and thereby increase production and further grow the economy; Improve and create jobs and reduce poverty. @ @ Anite said President Tinubu was planning to create 50 million jobs.
She stressed: “In Mr. President’s manifesto during his campaigns, he promised 50 million jobs and that’s our target. We will take it in phases; we are looking at different sectors of the economy that will contribute to this job creation chief among them is the creative industry and the digital economy, and then the agric sector, agro-processing zones, and mining, oil and gas. So we’re very confident that we will achieve this.”
Franking: He asked a simple question and you are taking a swipe at Igbos as if you were waiting for them......this is complete balderdash.....the author can not hoodwink anyone. If by election period Nigerians are still suffering in this useless government Tinumbu will be a gonner.
Tinubu is not going anywhere since he is using Amupitan’s INEC and Wike’s courts to destroy credible opposition candidates and parties.
Who then will you vote for, in order to make Tinubu a gonner
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
The Nigerian National Petroleum Corporation has announced that the Port Harcourt and Warri refineries have been successfully re-streamed after a nine-month rehabilitation exercise conducted by its in-house engineers and technicians.
The corporation, in a statement, noted that both plants commenced preliminary production of petroleum products after successful test-runs, adding that while PHRC was ramping up its operation to about 60 per cent of its 210,000 barrels per day capacity, WRPC production was projected to hit 80 per cent of its installed 125,000bpd capacity.
The NNPC said the Port Harcourt refinery was projected to boost the nation’s local refining capacity with a product yield of five million litres of petrol per day, while Warri refinery would contribute 3.5 million litres of petrol.
Providing insight into the rehabilitation exercise, the NNPC noted that it had to adopt the phased rehabilitation strategy after the Original Refinery Builders, who were initially contacted for the project came up with unfavorable terms.
It said, “Though a decision was taken in 2011 to rehabilitate all the refineries using the ORB of each of the refineries, we were impelled to switch strategy after the ORBs declined participation and nominated some partners in their stead who came up with outrageously unfavorable terms.”
The NNPC stated that the nominated partners, as sole-bidders, came up with humongous price offers after two years of thorough and exhaustive scope of work definition and price negotiations.
It added that the proxies were also unwilling to provide post rehabilitation performance guarantees.
The corporation said, “The phased rehabilitation strategy which entailed phased and simultaneous rehabilitation of all the refineries using in-house and locally available resources in line with the spirit and letter of the Nigerian Content Law, also involved the use of Original Equipment Manufacturer representatives to effect major equipment overhaul and rehabilitation.”
The national oil firm said the phased rehabilitation programme, which started in October 2014 after the required funding stream was established, created a 70 per cent reduction in costs which helped largely in mitigating the financing challenges of refinery rehabilitation.
It observed that with the successful re-streaming of the PHRC and WRPC, attention has now moved to the 110,000 barrels per day Kaduna Refining and Petrochemicals Company which was billed to come on stream soon.
saintopus: Dec 06, 2024 The PH Refinery ships its first export of petroleum products to Dubai. The company is expected to load the cargo in the coming days onboard the Wonder Star MR1 ship, signalling the commencement of operations at the plant and the exportation of petroleum products.
The ship will load 15,000 metric tons of the product, which translates to about 13.6 million litres.
Although the volume coming from the NNPC into the global market is still small, the development has the potential to impact the Very Low Sulphur Fuel Oil (VLSFO) benchmarks in the future while changing the market realities for Atlantic Basin exporters into Nigeria and other regions.
The sulfur content of the export by NNPC stands at 0.26 per cent per wt and a 0.918 g/ml density at 15°C, according to Kpler, a data and analysis company.
The cargo was reportedly sold at an $8.50/t discount to the NWE 0.5 per cent benchmark on a Free on Board (FOB) basis.
Kpler reported that the development would help displace imports from traditional suppliers in Africa and Europe, as Nigeria’s falling clean product (CPP) imports are already decreasing, dragging imports into the wider West Africa region lower as well.
May Day: Hunger, unemployment, insecurity real— Tinubu
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
Exousiang01: The government has arranged a Skil acquisition program with N22k monthly stipend for the youths but the opposition is telling them that the president is trying to bribe them.
So how would the youths get the required skills to get them off the streets. The same way the opposition went about discouraging students from taking NELFUND, they even told young people that NELFUND was scam
How does 22k stipend compare with the 70k minimum wage that should be the basis of paying the 50 million workers in city boy’s reform targets below
anonimi: Tinubu sets 3-year economic revival, 50million jobs target
August 29, 2023
President Bola Tinubu who reiterated his commitment to economic revatalisation said he will not permit indolence or any act capable of derailing his ‘Renewed Hope Agenda’ by any of his ministers.
He gave a marching order to the 45-member of the Federal Executive Council (FEC) to perform or be ready to be fired for incompetence. @ @ Edun said the Tinubu administration inherited a bad economy with an unacceptable high rate of unemployment, and with inflation standing at 24%.
He said:“Per capital has fallen steadily, inflation is at 24 percent, unemployment is high, you know m are rebasing the way in which it’s calculated. Either way, it is high and youth unemployment is even unacceptably high, these are the key metrics that we have met.” @ @ Edun said: “Clearly, *the Federal Government is not in a position to borrow at this time*. Rather, the emphasis has to be on creating a stable, macroeconomic environment. Stable inflation, stable exchange rate, an environment within which people can come and invest and thereby increase production and further grow the economy; Improve and create jobs and reduce poverty. @ @ Anite said President Tinubu was planning to create 50 million jobs.
She stressed: “In Mr. President’s manifesto during his campaigns, he promised 50 million jobs and that’s our target. We will take it in phases; we are looking at different sectors of the economy that will contribute to this job creation chief among them is the creative industry and the digital economy, and then the agric sector, agro-processing zones, and mining, oil and gas. So we’re very confident that we will achieve this.”
Image123: Depends on your definition of masses and values.
If you have any definition of masses and values, you would have listed the five things that he has done to add value to the masses, based on your own definitions.
The growth is due to hyperinflation increase in capital requirements for banks.
When will Tinubu’s economic reforms yield his N300/$1 short term goal, after three years of hitting the ground running?
What has he done with the $84 billion subsidy savings, reduced imports and increased exports, if exchange rate is worse than when he grabbed power in May 2023? Subsidy savings that hiked petrol price instead of crashing it as promised by the master strategist.
What has he done with the $3.3 billion Afreximbank loan that was secured by future oil revenues in an SPV account, arranged by Elumelu’s UBA at the outrageous rate of 11.85%?
Omenlon: some of you are so pathetic. If you know so much why wasting your miserable life on nairaland day and night.
Your mate are picking up forms to via for one political office or the other and you die on nairaland analyzing those you can't stand to look at their eyeballs when you meet them in person.
Are you saying that I know so much because you know so little? Or maybe you know nothing at all?
How many nomination forms for elections dim MLK pick in order to get civil rights laws passed, without which we would not have America and other developed countries to japa to?
Japa there, knowing that we won’t be lynched for any flimsy reason.
Japa there because we are too tribalistic with zoning and rotation for sharing the national cake, to enlighten others about what values to work on, to fix our own country.
AMINDA: In the North or South? I thought you all claimed Atiku no longer has any PDP base since all the governors have defected to APC? Stand one place na!
Atiku doesn’t even have a chance to be on the ballot, now that he has used his own interview to chase Kwankwaso out of empty ADC, which was already destroyed by Amupitan’s INEC and Wike’s courts.
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
Iyeku: Must everything be Tinubu? Opposition are not serious at all
Don’t mind Atiku and his destroyed party.
Who asked him to do that interview where he was dissing Kwankwaso and others in ADC?
The excellent administrator is a very useless politician who doesn’t know how to pretend and say things that he has no intention of doing, which is why Tinubu is a master strategist in politics.
Master strategist since before he got Afenifere elders to abandon Engr. Funsho Williams and make him Lagos governor 27 years ago.
Deltafirstson: Although the pump price of fuel was N197 when President Bola Tinubu took over on May 29, 2023, the product now sells for N617 per litre – less than two months after.
In his inaugural address, Tinubu announced that subsidy was gone, fulfilling a promise that all leading presidential candidates made during the campaign.
Nigerians have been lamenting the hardship occasioned by fuel price hike. Amid the lamentation, a video where Tinubu campaigned to slash the price of fuel went into circulation.
Checks by Daily Trust affirmed the authenticity of the video uploaded on the YouTube page of Channels Television.
At his campaign rally in Abeokuta, Ogun State capital, on January 25, 2023, Tinubu spoke on a number of issues, but those of fuel scarcity and naira redesign made the headlines.
However, Tinubu who spoke in Yoruba language, also assured the crowd that though people were saying petrol price would hit N200, it would be reviewed downward under him.
“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax, we will bring it down,” he had said in the 7th minute of the video.
blamingthedevil: They were the ones complaining that Tinubu was creating a one-party state, yet now that more political parties are emerging, they are still complaining.
More parties emerging from the same political master strategist who is clueless about employing enough civil servants to make government services and public utilities available for everyone?
Services and utilities like electricity, law and order as well as security of lives and properties.
If he used unreliable, untrustworthy, unprincipled, party-hopping Utomi last election to create multiple platforms, then why wouldn’t he use Kwankwaso to do so for next election, as he prepares to do a 3rd term as life president
lexylaw40: The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
The governorship candidate of the Labour Party (LP) in Oyo State, Tawfiq Akinwale, [/b]on Wednesday [b]stated that the “President-elect” Bola Tinubu asked popular economist, Prof Pat Utomi to step down for Peter Obi in the buildup to the 2023 general elections.
Akinwale made this revelation while he appeared as a guest on a radio programme on 101.7 YES FM, Ibadan, Oyo State, while alleging that Obi received campaign funds from Utomi, whom he described as Tinubu's "son."
The LP aspirant, who spoke in Yoruba language, said "In the buildup to the 2023 elections, Obi who had purchased the nomination form of the Peoples Democratic Party (PDP), suddenly announced his exit from the party.
"Initially, Pat Utomi had secured the LP's presidential ticket, but when Peter Obi said he resigned from the PDP and joined the LP. Bola Tinubu, a master political strategist, quickly told Utomi, that everyone knows to be his son to step down for Obi.
"The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
"This went on until Obi's presidential campaign got to a stage it went beyond target. Obi was used without him knowing," Akinwale said after announcing his departure from the party.
Obi defected to the LP after resigning his membership of the Peoples Democratic Party (PDP) and also withdrawing from the presidential race under the party.
The former governor consequently joined the race for the party’s presidential ticket, while Professor Pat Utomi, in June 2022 stepped down for him to emerge as the presidential candidate of the Labour Party, LP, unopposed in Asaba, Delta State.
GlozzLab: It's not his fault. He is feeding fat from his Masters at the detriment of Nigerians
Maybe Sunday Dare is also feeding his family with N10,000 for several months like Tope Fasua said below.
I wonder how many people voted for him when he was doing chochocho campaign as the presidential candidate for the Abundant Nigeria Renewal Party (ANRP) in the 2019 general election
Racoon: VIDEO: Tinubu’s aide says N10,000 can feed modest family for several days; Tells Nigerians to ‘Cut Their Coat According to Their Size’
May Day: Hunger, unemployment, insecurity real— Tinubu
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
Orinechi: A person collecting such amount can build a comfortable bungalow within 2 year.
Earning (different from collecting) such an amount in a rural area where Tope Fasua clarifies that 10k is enough for a family to feed themselves for several months
How many votes did the clueless propagandist liar get as the presidential candidate for the Abundant Nigeria Renewal Party (ANRP) in the 2019 general election
madridguy: People earning less than 200K per month are building also not to talk of the whole 600K.
Why are you speaking like that Tope guy who said that 10k can feed a family for several weeks, in this bastardised economy of Tinubu and his All Promises Cancelled, APC party
BioData45: Religious people quick to laugh whenever charm is involve, people their so called Jesus and God Allah fail everyday.
Anyway RIP to the dead man
Jesus and Mohamed obviously work better for those who we sold our brethren to as slaves, in exchange for alcohol, tobacco, mirrors, firearms and ammunition, fabrics, umbrellas etc.
youngrichnigga: They should be thankful the man only shot himself and not including those ones under the canopies or dancing with him....stewpeedity of the highest order
If the people under the canopy are those dancing with him were not wearing the bulletproof charms, then why would he shoot them as well?
How many people can be fired by a shotgun at a time
Samogloby: Obi and Kwakwaso want to be spoiler in the hand of APC. ADC will surely make points in the 2027 election
If PDP didn’t make enough points in 2023 to prevent us from the calamity tenant of Aso Rock, then how will ADC make enough points to prevent city boy from continuing his life president dictatorship plan after reelection next year?
How is Kwankwaso not the new Utomi?
lexylaw40: The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
The governorship candidate of the Labour Party (LP) in Oyo State, Tawfiq Akinwale, [/b]on Wednesday [b]stated that the “President-elect” Bola Tinubu asked popular economist, Prof Pat Utomi to step down for Peter Obi in the buildup to the 2023 general elections.
Akinwale made this revelation while he appeared as a guest on a radio programme on 101.7 YES FM, Ibadan, Oyo State, while alleging that Obi received campaign funds from Utomi, whom he described as Tinubu's "son."
The LP aspirant, who spoke in Yoruba language, said "In the buildup to the 2023 elections, Obi who had purchased the nomination form of the Peoples Democratic Party (PDP), suddenly announced his exit from the party.
"Initially, Pat Utomi had secured the LP's presidential ticket, but when Peter Obi said he resigned from the PDP and joined the LP. Bola Tinubu, a master political strategist, quickly told Utomi, that everyone knows to be his son to step down for Obi.
"The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
"This went on until Obi's presidential campaign got to a stage it went beyond target. Obi was used without him knowing," Akinwale said after announcing his departure from the party.
Obi defected to the LP after resigning his membership of the Peoples Democratic Party (PDP) and also withdrawing from the presidential race under the party.
The former governor consequently joined the race for the party’s presidential ticket, while Professor Pat Utomi, in June 2022 stepped down for him to emerge as the presidential candidate of the Labour Party, LP, unopposed in Asaba, Delta State.
bazoodo: It's public knowledge Atiku would clear the core north.
Atiku won’t be on the ballot.
Amupitan’s INEC and Wike’s courts have been very busy with this issue, as desired by the aspiring dictator life president in Aso Rock.
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
Don't let go of it, carry it to the poll and vote out that criminal of a president.
Nigeria will be OK.
Okay won’t be on the ballot.
Amupitan’s INEC and Wike’s courts will ensure that they are not allowed to be on the ballots.
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
adenigga: In a new policy shift, the Nigerian government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, resumed issuance of petrol import licenses to petroleum marketers.
The licenses were issued to six petroleum marketers expected to import around 720,000 metric tons of Premium Motor Spirit (petrol).
DAILY POST reports that the move is a policy shift from a focus on local refineries, in this case the Dangote Refinery.
What of the NNPC refineries? Why are they not in the focus on local refineries
Did A-looter Propaganda Conmen, APC leaders of integrity play us wayo in the announcements on the refineries?
The Nigerian National Petroleum Corporation has announced that the Port Harcourt and Warri refineries have been successfully re-streamed after a nine-month rehabilitation exercise conducted by its in-house engineers and technicians.
The corporation, in a statement, noted that both plants commenced preliminary production of petroleum products after successful test-runs, adding that while PHRC was ramping up its operation to about 60 per cent of its 210,000 barrels per day capacity, WRPC production was projected to hit 80 per cent of its installed 125,000bpd capacity.
The NNPC said the Port Harcourt refinery was projected to boost the nation’s local refining capacity with a product yield of five million litres of petrol per day, while Warri refinery would contribute 3.5 million litres of petrol.
Providing insight into the rehabilitation exercise, the NNPC noted that it had to adopt the phased rehabilitation strategy after the Original Refinery Builders, who were initially contacted for the project came up with unfavorable terms.
It said, “Though a decision was taken in 2011 to rehabilitate all the refineries using the ORB of each of the refineries, we were impelled to switch strategy after the ORBs declined participation and nominated some partners in their stead who came up with outrageously unfavorable terms.”
The NNPC stated that the nominated partners, as sole-bidders, came up with humongous price offers after two years of thorough and exhaustive scope of work definition and price negotiations.
It added that the proxies were also unwilling to provide post rehabilitation performance guarantees.
The corporation said, “The phased rehabilitation strategy which entailed phased and simultaneous rehabilitation of all the refineries using in-house and locally available resources in line with the spirit and letter of the Nigerian Content Law, also involved the use of Original Equipment Manufacturer representatives to effect major equipment overhaul and rehabilitation.”
The national oil firm said the phased rehabilitation programme, which started in October 2014 after the required funding stream was established, created a 70 per cent reduction in costs which helped largely in mitigating the financing challenges of refinery rehabilitation.
It observed that with the successful re-streaming of the PHRC and WRPC, attention has now moved to the 110,000 barrels per day Kaduna Refining and Petrochemicals Company which was billed to come on stream soon.
saintopus: Dec 06, 2024 The PH Refinery ships its first export of petroleum products to Dubai. The company is expected to load the cargo in the coming days onboard the Wonder Star MR1 ship, signalling the commencement of operations at the plant and the exportation of petroleum products.
The ship will load 15,000 metric tons of the product, which translates to about 13.6 million litres.
Although the volume coming from the NNPC into the global market is still small, the development has the potential to impact the Very Low Sulphur Fuel Oil (VLSFO) benchmarks in the future while changing the market realities for Atlantic Basin exporters into Nigeria and other regions.
The sulfur content of the export by NNPC stands at 0.26 per cent per wt and a 0.918 g/ml density at 15°C, according to Kpler, a data and analysis company.
The cargo was reportedly sold at an $8.50/t discount to the NWE 0.5 per cent benchmark on a Free on Board (FOB) basis.
Kpler reported that the development would help displace imports from traditional suppliers in Africa and Europe, as Nigeria’s falling clean product (CPP) imports are already decreasing, dragging imports into the wider West Africa region lower as well.
How will the master strategist in Aso Rock deal with this situation in Rivers?
Is it finally game over for wicked, ologogoro, land grabbing Wike who has been helping out Oshiomhole’s Assembly of Past Criminals, APC with the judiciary
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
The failure of citizens to devote a certain portion of their own time, talents and other resources to different areas of the political and governance processes, is the biggest reason why we can’t get better. No more no less.
How much money, time and talents do you personally contribute to the political process and governance advocacy without expecting any direct benefit to yourself? What of your own friends and relatives? How much do they contribute to these things?
anonimi: “The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events.
He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics.
The slowpoke doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”
― Bertolt Brecht
Despite the hype around 2023 elections even with Obi on the ballot, how do you explain that only 10% of our population voted
Racoon: The ranking placed Nigeria in 186th position, only after Haiti, among 187 countries of the world. Nigeria is the second country in the world with the lowest voter turnout, worse than war-ravaged Afghanistan and Libya, a new ranking by Picodi has shown.
The ranking placed Nigeria in 186th position, only after Haiti, among 187 countries of the world. Nigeria also ranked worst in Africa. Nigeria’s low voter turnout
PREMIUM TIMES had reported how Nigeria recorded a new low in voter turnout during the last general elections. With a national turnout of 29 per cent, a Premium Times analysis showed that the last election had the lowest participation rate in the country’s six decades of independence.
It further revealed that of the 93.4 million registered voters this year, 87.2 million people collected their Permanent Voters Card and the total number of actual voters on election day was only 24.9 million..The winner of the election, Bola Tinubu, had less than nine million votes, roughly 10 per cent of the total eligible voters.
Another analysis by this newspaper revealed that all the 18 candidates in Nigeria’s February elections received only 27.55 per cent of the total eligible votes.
What is it about naive Obi that would worry anyone in APC?
He will be used to help Tinubu’s reelection with 100% rigged SE votes for him indirectly. Is that not what happened last election when Utomi played the role Kwankwaso is playing now? Kwankwaso obviously has a pact with Tinubu for 2031.
Unfortunately, there is no guarantee that Tinubu won’t do to Kwankwaso what Obasanjo did to Atiku in 2007, four years after he refused northerners’ pressure to make Obasanjo a one term president.
Quite interesting that unstable, unreliable, untrustworthy, unprincipled, party- hopping Utomi was ADC’s first presidential candidate in 2007!
lexylaw40: The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
The governorship candidate of the Labour Party (LP) in Oyo State, Tawfiq Akinwale, [/b]on Wednesday [b]stated that the “President-elect” Bola Tinubu asked popular economist, Prof Pat Utomi to step down for Peter Obi in the buildup to the 2023 general elections.
Akinwale made this revelation while he appeared as a guest on a radio programme on 101.7 YES FM, Ibadan, Oyo State, while alleging that Obi received campaign funds from Utomi, whom he described as Tinubu's "son."
The LP aspirant, who spoke in Yoruba language, said "In the buildup to the 2023 elections, Obi who had purchased the nomination form of the Peoples Democratic Party (PDP), suddenly announced his exit from the party.
"Initially, Pat Utomi had secured the LP's presidential ticket, but when Peter Obi said he resigned from the PDP and joined the LP. Bola Tinubu, a master political strategist, quickly told Utomi, that everyone knows to be his son to step down for Obi.
"The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
"This went on until Obi's presidential campaign got to a stage it went beyond target. Obi was used without him knowing," Akinwale said after announcing his departure from the party.
Obi defected to the LP after resigning his membership of the Peoples Democratic Party (PDP) and also withdrawing from the presidential race under the party.
The former governor consequently joined the race for the party’s presidential ticket, while Professor Pat Utomi, in June 2022 stepped down for him to emerge as the presidential candidate of the Labour Party, LP, unopposed in Asaba, Delta State.
lexylaw40: The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
The governorship candidate of the Labour Party (LP) in Oyo State, Tawfiq Akinwale, [/b]on Wednesday [b]stated that the “President-elect” Bola Tinubu asked popular economist, Prof Pat Utomi to step down for Peter Obi in the buildup to the 2023 general elections.
Akinwale made this revelation while he appeared as a guest on a radio programme on 101.7 YES FM, Ibadan, Oyo State, while alleging that Obi received campaign funds from Utomi, whom he described as Tinubu's "son."
The LP aspirant, who spoke in Yoruba language, said "In the buildup to the 2023 elections, Obi who had purchased the nomination form of the Peoples Democratic Party (PDP), suddenly announced his exit from the party.
"Initially, Pat Utomi had secured the LP's presidential ticket, but when Peter Obi said he resigned from the PDP and joined the LP. Bola Tinubu, a master political strategist, quickly told Utomi, that everyone knows to be his son to step down for Obi.
"The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
"This went on until Obi's presidential campaign got to a stage it went beyond target. Obi was used without him knowing," Akinwale said after announcing his departure from the party.
Obi defected to the LP after resigning his membership of the Peoples Democratic Party (PDP) and also withdrawing from the presidential race under the party.
The former governor consequently joined the race for the party’s presidential ticket, while Professor Pat Utomi, in June 2022 stepped down for him to emerge as the presidential candidate of the Labour Party, LP, unopposed in Asaba, Delta State.
franchasofficia: Their attention and all media attention have shifted to the Star Boy of Nigerian politics Mr Peter Obi, suddenly NDC is now the talk of the town and no longer their ADC and LP, honestly I tap into Peter Obi's grace
Peter Obi my mentor in business, humility, public service and politics
What did you learn from your mentor on this matter
NLCreator: Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has defended the purchase of sports utility vehicles (SUVs) for members of the national assembly.
There have been reports that the leadership of the 10th national assembly has bought SUVs for all lawmakers.
Each SUV is said to be valued at N160 million.
The LP had asked members of the party in the national assembly to kick against “wastage”.
While responding to questions during a press conference in Abuja on Monday, the former governor of Anambra said the SUVs are not personal cars of the lawmakers, noting that they are for official use.
“Let me start with the issue of Labour Party members in the house. I have actually discussed this issue with them,” Obi said.
“Surprisingly, I can tell you I heard that these vehicles are official cars. They have to use it. It is meant for office.
“So it is not as if it is their vehicle. They said it is official cars and you are meant to use it while you are in the senate.”
Obi also hinted at contesting for the country’s number one position in 2027, adding that Nigeria deserves dedicated and visionary leaders who will lead the country towards a brighter future.
Journalist: how do you intend to engage members of your party who are members of the house, so that they can stand different.......?
PO: Let me start with the issue of labour party members in the house, have actually discussed this issue with them, surprisingly, I can tell you ,… pic.twitter.com/svybrcY4t3
— Senator Baruch Chinanu Boniface (@SenatorBaruch1) November 7, 2023
Tinubu sets 3-year economic revival, 50million jobs target
August 29, 2023
President Bola Tinubu who reiterated his commitment to economic revatalisation said he will not permit indolence or any act capable of derailing his ‘Renewed Hope Agenda’ by any of his ministers.
He gave a marching order to the 45-member of the Federal Executive Council (FEC) to perform or be ready to be fired for incompetence. @ @ Edun said the Tinubu administration inherited a bad economy with an unacceptable high rate of unemployment, and with inflation standing at 24%.
He said:“Per capital has fallen steadily, inflation is at 24 percent, unemployment is high, you know m are rebasing the way in which it’s calculated. Either way, it is high and youth unemployment is even unacceptably high, these are the key metrics that we have met.” @ @ Edun said: “Clearly, *the Federal Government is not in a position to borrow at this time*. Rather, the emphasis has to be on creating a stable, macroeconomic environment. Stable inflation, stable exchange rate, an environment within which people can come and invest and thereby increase production and further grow the economy; Improve and create jobs and reduce poverty. @ @ Anite said President Tinubu was planning to create 50 million jobs.
She stressed: “In Mr. President’s manifesto during his campaigns, he promised 50 million jobs and that’s our target. We will take it in phases; we are looking at different sectors of the economy that will contribute to this job creation chief among them is the creative industry and the digital economy, and then the agric sector, agro-processing zones, and mining, oil and gas. So we’re very confident that we will achieve this.”
Lithiumite: Poverty is relative and its a mindset thing......an average northerner doesn't see povertyvthe way an average southerner does.......a big family in the northvis a sign of prosperity.
Poverty is not relative.
A family that can’t afford to feed themselves, which makes them rely on daily bread and rice palliative is in poverty.
Extreme poverty because APC failed to deliver their millions of jobs for them to earn a living in dignity.
Tinubu sets 3-year economic revival, 50million jobs target
August 29, 2023
President Bola Tinubu who reiterated his commitment to economic revatalisation said he will not permit indolence or any act capable of derailing his ‘Renewed Hope Agenda’ by any of his ministers.
He gave a marching order to the 45-member of the Federal Executive Council (FEC) to perform or be ready to be fired for incompetence. @ @ Edun said the Tinubu administration inherited a bad economy with an unacceptable high rate of unemployment, and with inflation standing at 24%.
He said:“Per capital has fallen steadily, inflation is at 24 percent, unemployment is high, you know m are rebasing the way in which it’s calculated. Either way, it is high and youth unemployment is even unacceptably high, these are the key metrics that we have met.” @ @ Edun said: “Clearly, *the Federal Government is not in a position to borrow at this time*. Rather, the emphasis has to be on creating a stable, macroeconomic environment. Stable inflation, stable exchange rate, an environment within which people can come and invest and thereby increase production and further grow the economy; Improve and create jobs and reduce poverty. @ @ Anite said President Tinubu was planning to create 50 million jobs.
She stressed: “In Mr. President’s manifesto during his campaigns, he promised 50 million jobs and that’s our target. We will take it in phases; we are looking at different sectors of the economy that will contribute to this job creation chief among them is the creative industry and the digital economy, and then the agric sector, agro-processing zones, and mining, oil and gas. So we’re very confident that we will achieve this.”
Travel › Re: The Ongoing Sokoto-Badagry Expressway (Video) by anonimi: 7:39am On May 11
