tabaralph: I don’t actually know where you losers always keep the left part of your brain when making an imput, simply because of your hatred for Tinubu;Bode Gorge an ex convict suddenly becomes your messiah speaking the truth, when the man has his chance as the chairman of NPA, he looted the NPA account dry, Obasanjo his long time friend has to jailed him for the fraud.
What else is the truth apart from Tinubu using his master plan to increase tax burden on Lagosians without employing workers to make basic services and utilities available for everyone
Lanrelagboi: Lagos has now crossed the 3 Trillion Naira annual budget mark. Crossed 2 Trillion in 2024.
Memory Lane: the first full-year Lagos State budget (Year 2000) in the 4th Republic was in the region of 40-something billion Naira. And it was described as “unprecedented” back then.
Ratio of public to private schools in Lagos State is one to 22 ― Commissioner September 4, 2022
The Lagos State government has said the ratio of public to private schools at both primary and secondary school levels in the state is one to 22.
The state’s Commissioner for Education, Mrs Folasade Adefisayo, gave the revelation in her remark at the 2022 edition of the Total School Support Seminar Exhibition (TOSSE) held at Oregun in Ikeja between Thursday and Friday.
shivisee: Baba you are old already, you have achieved everything needed to be achieved, stay put in our lovely country and let trump eats his card !
His lovely country of waterless cities, extreme poverty and uneducated children?
How much of Soyinka’s tribal hypocrisy made our country like this, because he was bribed with pots and pans by the TAX master planner of Lagos who is doing the same thing from Aso Rock
anonimi: Ratio of public to private schools in Lagos State is one to 22 ― Commissioner September 4, 2022
The Lagos State government has said the ratio of public to private schools at both primary and secondary school levels in the state is one to 22.
The state’s Commissioner for Education, Mrs Folasade Adefisayo, gave the revelation in her remark at the 2022 edition of the Total School Support Seminar Exhibition (TOSSE) held at Oregun in Ikeja between Thursday and Friday.
NaijaphiliaBlog: The crash in price affects both local and foreign brands of rice.
In various markets such as Arena (Oshodi), Festac Town, Mile 12, and Oyingbo, a 50kg bag local rice which sold for about ₦85,000 in January 2025 currently sells between ₦60,000 and ₦70,000.
Likewise, foreign rice which was ₦95,000 as at January is now between ₦65,000 and ₦75,000 depending on the brand/location.
The price drop has been credited to improved local harvests and a massive surge in imports following the reopening of Nigeria’s borders.
Read the OP below for a more comprehensive explanation of the unsustainable drop through import waivers for food.
treesun: However, the import, which continued until January 2025, forced the prices of major grains, including wheat, millet, sorghum rice and maize, to plummet below production cost.
As a result of this, a large number of farmers who made significant financial investments in the production of grains are still losing money, and some of them are still trapped with old stock.
However, the minister, Abdullahi, said the government had yet to release the food items it imported. Answering questions from journalists during the World Food Day celebrations in Abuja, he said the government was aware of the impact of the drop in food prices and that it was working to mitigate it.
“We are fully aware of some of these dynamics, but let me make it very clear that, of course, we are looking at food security for our citizens, that is the overall interest of government. And if food is available, accessible, but not affordable, whoever is involved in the non-affordability will tell you it’s not food secure. Yet, we want an economy and a country where everybody is inclusively included in whatever we are doing.
“No one is left behind. So, what the government is doing is, ever since we came on board, we did not hide our intention to see that the prices of food come down to a level that is affordable.
“Now, what has happened is that from 2023, we went into massive production through the National Agricultural Growth Scheme and Agro-Pocket Programme. We injected a large volume, almost more than 500,000 metric tons of wheat, including maize, cassava, and all the other commodities that we promoted.
“This year, we also have a marginal increase, which means we are ramping up production. Now, the volume of food that is produced is responsible for the drop in prices,” he explained.
But farmers insisted that a simple visit to markets across the country would confirm the influx of imported food items, including other things like starch and ginger that were not among things approved.
And like in the states, price of foodstuffs, especially local rice, beans, guinea-corn, maize, millet, cassava flour, yam, and garri, has further crashed by up to 50 per cent in various rural markets in the Federal Capital Territory (FCT).
Farmers count losses
Mrs Blessing Janaru said she had many bags of maize, paddy and millet from 2024 harvest unsold because if she sells now, ‘the losses will be too much.’
“I spent more than N2.5 million and if I sell all of them, I cannot even get N1.5 million. So I decided to keep it hoping the prices go up; instead, it continues to fall, particularly for maize and millet,” she said.
Prof. Yusuf Sani Ahmad, the Executive Director, of the National Agricultural Extension and Research Liaison Services (NAERLS), while presenting the 2025 Wet Season Agricultural Performance Survey (APS) recently, drew the attention of the Minister of Agriculture and Food Security, Abubakar Kyari, to the fact that the current low prices of crops caused huge losses to the farmers.
“While the farmers have issue with high cost of inputs, especially fertilizer, the prices of food significantly crashed.
“Sir, the farmers are crying, it is only the consumers that are smiling. Something has to be done, that is the truth. Some are reporting that they would not go back to the farm. I have a client that lost over N27 million. So, there must be a special intervention to see how we can encourage the farmers to go back to the farm,” he told the minister in Abuja.
Alhaji Sani Abdullahi invested N6 million in rice production in Awe, Nasarawa State last season in a 10 hectare farm but could not recoup his investment because the price of rice crashed below the cost of production.
“When I sold the rice I harvested, I could only realise about N2.7 million. It was terrible! I became sick for some days because I was overthinking how to deal with the situation. I borrowed a lot of money to put into the farm and did not know what to do about it.
“This year, I did not even bother to farm rice because I’m still struggling to pay the loan I collected from different cooperatives,” he said.
BlackViper: The crime horrified France and sparked political debate after it emerged that Benkired, born in Algeria, was undocumented and had been ordered to leave the country two months before the murder.
anonimi: Water Scarcity Hits Maitama, Embassies Affected
Tue, 25 Feb 2025
A severe water scarcity has hit the downtown area of Maitama District in the Federal Capital City over the last two weeks, Abuja Metro reports.
Many parts of the affluent neighbourhood have been struggling with lack of pipe-borne water as the Federal Capital Territory Water Board supply has been off.
anonimi: FCT Teacher’s Strike: The unfolding crisis that has kept Abuja’s children out of school for months
The industrial action is the third in a series since late 2024.
ByQosim SuleimanandZainab Adewale July 2, 2025 Reading Time: 4 mins read For over three months, public primary school pupils in the Federal Capital Territory (FCT) have been out of the classroom due to a teachers’ strike.
The industrial action has seen multiple suspensions and resumptions and is the third since late 2024.
damoobaba: . Do you know how many years america has existed?
Nigeria will get there, years ago many Nigerians were coming back home to help develop the local entertainment/music industry. Banky w, dbanj, don jazzy that year.
The PDP years of borrowing TO PAY SALARY and Buhari's dumb leadership pulled us back. I think we are on the right track of development currently, barring ungorseen circumstances.
How much did PDP borrow when petrol was subsidised for N87 and dollar was N200 with N18,000 minimum wage?
Who made Buhari president, four years after calling him expired? Could it be Tinubu?
Tinubu went further to say Nigerians would defy the acute fuel scarcity at the time and trek to cast their votes.
“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/N500 per litre. Go and relax, we will crash the prices,” he had said.
Petrol should never cost more than N70 per litre, says APC
January 19, 2015
The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.
On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.
But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.
It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.
FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”
Kanixt: ADC if giving power will be worse than APC.
Food prices are going down, but ADC not happy, they want local farmers to give them waiver for the middle men to keep on eating on masses.
The politicians in ADC are the ones who gave us 16 years of PDP prosperity that Tinubu and APC changed to extreme poverty shege a decade ago.
thisweekng: The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.
He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.
He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.
“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.
“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.” Private sector to drive the economy
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.
grandstar: This is why government needs to desperately diversify revenue generation from crude oil. The nation would no longer be held to ransom by crude oil production shortfalls.
The new tax law will ensure more revenues will certainly flow into government coffers now.
What are Tinubu and APC doing to the increasing Lagos revenue flowing into government coffers since 1999, if they have failed to employ workers to make water available in all households?
Do you think they are stealing it, to buy political votes and power?
What would make you trust them with more revenue flowing into government coffers since
[quote author=Lanrelagboi post=133655707]Lagos has now crossed the 3 Trillion Naira annual budget mark. Crossed 2 Trillion in 2024.
Memory Lane: the first full-year Lagos State budget (Year 2000) in the 4th Republic was in the region of 40-something billion Naira. And it was described as “unprecedented” back then.
ICYMI: I said I was richer than Osun State, Tinubu admits
However, Buhari doesn’t have the kind of money I can steal neither does he have the money I can collect. He doesn’t even have the money for Lagos votes. So, whatever I promise, it’s for real and is coming from my pocket. It’s not until I go to Alausa before I get money to give you.”
Addressing APC supporters on the need to deliver votes, Tinubu said handsome cash rewards await those who can deliver votes for the party.
He said he would not make mistakes of the past where people would collect money in advance and not deliver on election day.
Tinubu added, “Those of you that say you come to Bourdillon for mobilisation, it is mobilisation that we are doing here or don’t you understand? Definitely, if you know people in your neighbourhood, our members, how we used to do.
A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.
The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.
“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.
damoobaba: See their names. Although they're Americans by Visa,
one day after this country has fixed itself to an extent, they'll find their way here.
How did the country of America fix ITSELF without the hard work of ordinary citizens who ensured that the leaders who emerge from among them are accountable to them
SpencerForbes: Due to brain drain, we've lost a significant number of professionals. While they're making notable contributions in other parts of the world, our country is left grappling with the consequences of this talent exodus. 🚶♂️
What is the solution to this problem apart from greater investment and involvement of ordinary citizens in the political and governance processes, as Americans do
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.”
aribisala0: who is the most senior person from the SW Jonathan appointed
Dr. Akinwunmi Adesina as agriculture minister and the platform gave him the visibility to be AfDB president, based on the excellent performance encouraged by Jonathan.
Olugbenga Ashiru as foreign affairs minister.
Dr. Olusegun Aganga, trade and investment minister
Mrs. Omobola Johnson, ICT minister.
His attempt to make a Yoruba woman the number 4 citizen was resisted by the ọmọ ales who pretend to be ọmọlúwàbís.
anonimi: How we foiled Jonathan’s effort to make Mulika Adeola Speaker, Akande reveals
AS president in 2011, Goodluck Jonathan did all he could to ensure South West grabbed the country’s number four seat, including lobbying then opposition leaders from the zone, to no avail. The North West eventually grabbed the seat, supported by South West leaders in opposition to then ruling party, the Peoples Democratic Party (PDP).
Former Governor of Osun State and now statesman, Chief Bisi Akande, made this revelation in his autobiography, “My Participations” which is currently dominating political and national dis- course.
Aminu Tambuwal, now Sokoto State governor, won the seat, against the preferred pick of his party, Mrs Mulikat Adeola Akande, from the South-West. Defunct Action Congress of Nigeria, then a fledging opposition, which had Akande and his soulmate, former Lagos State governor, Senator Bola Tinubu, as front- line leaders, openly asked its elected members of the House of Representatives, mostly from the South-West, to work against their region and back Tambuwal from North-West.
The opposition party’s support carried Tambuwal through the contest against Akande, then ruling party’s favourite for the speakership seat.
In his book, Chief Akande revealed that former president then as incumbent, personally reached out to Tinubu, who is now believed to be nursing presidential aspiration in 2023 and himself, but couldn’t convince them.
He wrote, “President Jonathan, immediately after the meeting (with political parties), called Bola Tinubu aside into a lobby to broach the matter of ACN support for a choice of who would become the Speaker of the House of Representatives.
“That same day, President Jonathan talked to me on phone about the same matter. He disclosed that PDP had zoned the position to the South-West but that only one Muraina and another Mulika won elections on PDP ticket from the zone into the House of Representatives.
A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.
The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.
“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.
Amotolongbo: Did it happen while he was the governor of Lagos State?
Is he no longer the master planner of Lagos and godfather of the state?
Wickedness and Tinubu are inseparable.
anonimi: The eyesore on Bourdillon Road 2nd January 2025
Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.
If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.
That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.
anonimi: Nigeria: Pensioners Urge Tinubu to Pay Arrears
26 March 2003 This Day (Lagos)
Lagos — Pension teachers in Lagos State under the aegis of Teacher Pensioners of Nigeria (TEPAN) have urged Governor Bola Ahmed Tinubu, to review his stance on paying the harmonised three year old outstanding pension allowance or risk losing their votes.
In a statement signed by the Public Relations Officer (PRO) of TEPAN, Mr. Ayodabo 'Lade, accused Tinubu of failing to pay the arrears to teachers on their correct pension grade since the year 2000, contrary to what was obtainable in other five States of the South-west controlled by the Alliance for Democracy (AD).
Maybe as true as the N419 billion shared to people who have not worked for the money.
Do you think that the 419 amount is a coincidence or deliberate?
Racoon: "We’ve Disbursed N419Billion Conditional Cash Transfers To Nearly 6 Million Nigerians, To Pay N54 Billion To 2.2Million Beneficiaries In August" –Tinubu Govt Claims President Bola Tinubu's administration has said that its government will reach over 2.19 million Nigerians this August through its conditional cash transfer programme.
The Minister of State for Humanitarian Affairs and Poverty Reduction, Tanko Sununu, made this known while speaking on Channels Television’s Sunrise Daily programme on Monday.
"In August, we are going to reach out to 2,190,000 people. The process is that the National Social Safety-Net Coordinating Office (NASSCO) will now harvest vulnerable Nigerians based on their lowest cadre in the national social register," he said.
Explaining further, the minister said the initiative was targeted at vulnerable citizens who will receive direct cash payments.
"For those Nigerians, it is a rapid conditional cash transfer, so far we have disbursed N419 billion to 5.968 million Nigerians," he said.
Zico5: Assuming this cray fish as president? May we not be unfortunate.
Do you mean that PDP delegates were right to not vote him as their candidate in 2023? And that Atiku was right to not make him running mate
anonimi: Wike lobbied PDP committee to be Atiku’s running mate – Ex-gov’ship aspirant
Thu, 29 Sep 2022 14:33:04 WAT
Muazu Magaji, a former governorship aspirant of the Peoples Democratic Party in Kano State, has alleged that the Governor of Rivers State, Nyesom Wike, lobbied members of the party’s committee constituted to advise the presidential candidate, Atiku Abubakar, on the choice of his running mate.
Magaji disclosed this while speaking on Channels TV’s Sunrise Daily, on Thursday.
The Kano politician also argued that there was no proof that Atiku promised Wike the vice president position as claimed.
The PDP committee had recommended the Governor of Delta State, Ifeanyi Okowa; Governor of Akwa Ibom State, Udom Emmanuel and Wike.
The committee, however, scored Wike above the other two contenders but Atiku decided to settle for Okowa. A decision that has since unsettled Wike’s camp.
Magaji, however, claimed that Wike lobbied to be scored ahead of others, adding that the Rivers State governor should not be trusted with important positions in the country.
2023: PDP and politics of healing Wike’s self-inflicted injury
Then, the race began in earnest for three years now, reaching a frenzy with the works of the two PDP committees on zoning. The first was the Gov Ifeanyi Ugwuanyi committee on the zoning of the PDP party offices. The Ugwuanyi committee quickly told the world the committee’s assignment did not cover zoning the office of the president. Though this was true, the question is: why didn’t the Ugwuanyi committee zone the PDP chairmanship to the North without aligning it to the divide that would produce the PDP presidential flag-bearer? The second committee headed by Gov Samuel Ortom of Benue state was specifically on the zoning of the presidential ticket and, with the votes of the representatives of all the 17 Southern states without any exception, the Committee unanimously recommended throwing open the PDP presidential ticket, which the PDP NEC simply upheld.
One thing irrefutably stands out – Wike shot himself in the leg. Here was a man who had an overarching influence on both committees but could not insist that the ticket be zoned South. Many had wondered why? The reason is also relatively in plain sight: the Southeast factor. As the clamour for zoning of the presidential ticket of the PDP to South reached its crescendo, many had pointed out the fact that though the PDP Constitution had prescribed zoning of the office of the president to be between North and South since the South-west and South-south had taken their turns in producing the president and the vice in this current dispensation in the persons of Olusegun Obasanjo and Goodluck Jonathan, zoning this time around, should not just be to the South but the Southeast.
Atiku Abubakar went a step further by offering to step down from the race if it would be agreed that the touted zoning to the South would mean micro-zoning to the Southeast. Wike and the rest could not take the Atiku challenge maybe because Atiku would likely back Peter Obi, who was his vice-presidential running mate in 2019 and an ally. The prospects of Peter Obi picking the ticket if PDP zoned South was so real compelling Wike to go for an open contest, believing he could pick it up ahead of Atiku, Tambuwal and Bala Mohammed, given his large war chest.
ddippset: Says a man who hijacked the party and singlehandedly produced the last 4 National Chairmen of the party for his own selfishness.
Says a man who accepted nomination to be running mate to Fulani Atiku. He knew it was injustice to give Atiku the ticket yet he lobbied to be the VP.
He knew the party had to go South for the 2023 election, yet he still put Secondus as National Chaiman just to hijack the party.. Only to push Secondus out because he wanted the ticket 2023.
This man remains the biggest problem of PDP.
He can only deceive and fool his minions, not reasonable people.
miracle002: Look at how you are praising your oppressor. So disgusting
Is this what the oyinbos call Stockholm syndrome affliction
fuckJones: (A case study of Nigeria citizens & their elected oppressors).
During the Soviet dictatorship of Joseph stalin. He was a brutal dictator with mind of his own. On one fateful day, stalin came to Politburo meeting with a live chicken. Standing in front of audience, He started to pluck the feathers of the live chicken off one by one. The chicken trembled in pain, blood tricking out of its pores. It gave out grievous cries, but stalin being a cruel dictator continued without remorse plucking the feathers out until the chicken was completely Unclad. After which, he threw the chicken on the ground. The Unclad chicken was staggering in pain. stalin goes into his pocket and from his pockets, he took out some chicken food and started to throw it at the poor & hapless creature. The poor chicken in pain started eating and stalin started walking towards his seat. As he walked away, he kept dropping some feeds on the floor & the chicken followed him and sat feeding from his feet.
Joseph stalin then turned to members of his political party leadership. He said, "This chicken represents the people". "You must disempower them, brutalise them, beat them up, starve them and then leave them". "If you do this, go into your pocket & give them peanuts when they are in that helpless and desperate situation, they will blindly follow you for the rest of their life, worshiping you". "They will think you are a hero forever. They will forget that, you're responsible for their sorrowful situation in the first place." Breath taking, isn't it ?
Now! Take a look at all the people some Nigerians are busy defending on social media. Take a look at those they call their heroes. They are the same people who plunged Nigeria into the situation she is. They are the same people who are responsible for their predicaments. Did you see the numbers of people that throng to Saraki's House during this Sallah period to go collect peanuts? People trooping to Bola Ahmed Tinubu Foundation offices to collect branded One kilo bag of Rice & Noddles. Did you see the number of people of all ages who troop out to welcome Ex- convict James Ibori to South South! Do you see the number of handle mop following obi as if he is a seat? what of the one following dino malaye?
Your guess is as good as mine. Nigerians kill those they should defend and defend those they should kill! Pass to all your contacts & let your Political & Religion Leaders read, understand & digest.
osuofia2: Conqueror of the obidients, they always wish him bad but no levels. FCT is shining
Shining with unpaid teachers and unavailable water?
Is that how it is in the capital city of UAE?
anonimi: Water Scarcity Hits Maitama, Embassies Affected
Tue, 25 Feb 2025
A severe water scarcity has hit the downtown area of Maitama District in the Federal Capital City over the last two weeks, Abuja Metro reports.
Many parts of the affluent neighbourhood have been struggling with lack of pipe-borne water as the Federal Capital Territory Water Board supply has been off.
anonimi: FCT Teacher’s Strike: The unfolding crisis that has kept Abuja’s children out of school for months
The industrial action is the third in a series since late 2024.
ByQosim SuleimanandZainab Adewale July 2, 2025 Reading Time: 4 mins read For over three months, public primary school pupils in the Federal Capital Territory (FCT) have been out of the classroom due to a teachers’ strike.
The industrial action has seen multiple suspensions and resumptions and is the third since late 2024.
sonnie10: What I mean is that even if Dangote is only selling half of his refinery capacity to the US (300,OO0) , everyday he will be making additional profit of 1800 x 300000 = #540M from the US export alone.
How much do you think the imported petrol costs?
Do you think it costs much lower than the price of petrol in our country
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: 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.
sonnie10: Now I see the incentive in exporting refined petrol to US. While a liter is about #900 in Nigeria . A gallon (3.2 liters of petrol in the US is averagely $2.5.
If Dangote was to sell his refine petrol in Nigeria, that 3 liters would just #2700. So basically the different in price when calculated in Naira is 4500 - 2700 = 1800 for each gallon sold to the US.
Are you saying that Tinubu is subsidising petrol prices even though he announced that subsidy is gone in May 2023
Image123: That's good for competition because i no trust that Dangote guy though i like his strides.
Is it also good for Tinubu’s N300/$1 short term goal, which he has failed to achieve despite borrowing $3.3 billion to defend the Naira and saving $84 billion from subsidy removal?
The expired soldier Tinubu packaged as change messiah of All Promises Cancelled, APC also failed to deliver on a similar promise.
anonimi: World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate
April 23, 2023
The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*
“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.
“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.
Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has promised to ensure that the naira would be equal to the dollar in value if voted into office.
NAN reports that Buhari said this on Monday during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri.
“It is sad that the value of the naira has dropped to more than N230 to one dollar. This does not speak well for the nation’s economy,” he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.
This is understandable because Tinubu and APC said that the fuel from Dangote refinery is not good quality. The progreThieves are labouring in vain to play politics with the refinery that was licensed by PDP deregulation and privatisation capitalists who gave us cheap fuel, cheap dollars, low unemployment and low insecurity with low inflation, low interest rates and high GDP per capita.
Why did we allow Tinubu to turn this into APC extreme poverty shege a decade ago
anonimi: Petrol should never cost more than N70 per litre, says APC
January 19, 2015
The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.
On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.
But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.
It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.
FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”
lailo: women no really get problem that's why I dey pity men wey dey pity them. The puzzy wey old for your face wey u leave, na oshara tear rubber for another man and dem go rush am like indomie Dem no really get problem. Na men suppose take care of themselves bcs if e happen, nobody go look your side. But for women, someone no matter how bad go come to her rescue.
……..especially if na fresh looking, yallo baby.
The queue of men trying to make deposits into her bank go long well well.
aribisala0: ) What are the sources of your information about the slave trade? Specifically can you point me in the direction of any source that is African from the time of the slave trade It is important to reflect on. YOUR EPISTEMOLOGY of the slave trade
My suggestion is that you take the position that you don't know but genuinely want to know and when you encounter any account ask
Where is this story from and is there any counter?
When you get into the habit of making assertions about history you become something that I don't want to name
The wisest man is the one who knows nothing and knows that he does not know
Are you asking these questions because you didn’t read what you quoted to reply
Politics › Re: Bode George: My Children Can't Get Jobs Due To My Name by anonimi: 4:43pm On Oct 28, 2025
