dalass: The Russian/ Ukraine war is certainly a huge factor to the crude oil price which determines the fuel price.
Our own crude has been used to borrow money. Dangote is buying crude oil from other countries. Until our refineries can be supplied with Nigerian oil, the market prices will continue to fluctuate with world crude oil prices and transportation to Nigeria
NNPC.. their own matter is another thing on another level
Our future crude oil production was used by ebilokan to borrow $3.3 billion from Afreximbank to defend the Naira.
27 months after hitting the ground running, ebilokan has failed to meet his own N300/$1 short term target.
What do you think happened to the $3.3 billion loan
ijustdey: Nigeria will pay an interest of 11.85 percent per annum on the $3.3 billion “pre-export finance facility” (PxF) facilitated by the Nigerian National Petroleum Company (NNPC) Ltd and arranged by Afrexim Bank, TheCable can report.
Until now, the fine details of the transaction, which has a five-year tenor, had been withheld by all parties involved.
A similar cocoa-backed $800 million facility arranged for Ghana by its cocoa marketing board attracts an interest of 8 percent per annum.
Bilateral lenders, such as the International Monetary Fund (IMF), would typically charge 1-3 percent with a longer tenor.
In the details seen by TheCable, Nigeria pledged a total of 164.25 million barrels of crude oil — at 90,000 barrels per day — starting from 2024 to repay the loan through Project Gazelle Funding Ltd, an “orphan” special purpose vehicle (SPV) incorporated in Bahamas for the PxF.
Effectively, the NNPC has pledged 38.58 percent of five years’ worth of tax and royalty oil to secure the loan. > > > ‘DOLLAR LIQUIDITY TO STABILISE THE NAIRA’
The national oil company announced in August 2023 that the PxF was to support the federal government “in its ongoing fiscal and monetary policy reforms aimed at stabilizing the exchange rate market”, describing it as “a relief for the naira”.
It called the facility “crude oil repayment” with an upfront cash loan “against proceeds from a limited amount of future crude oil production”.
At the time, the dollar exchanged for an average of N775 in the official market and N885 on the streets.
The rates have now moved to N1,035/$ (official) and N1,230/$ (parallel).
How far away or how near is this N890 from the price of N70, which Oshiomhole’s Association of Past Criminals, APC complained about when they made Jonathan look like a clueless, corrupt and incompetent politician?
Do we know better now? Or maybe we don’t know better?
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.
CodeTemplarr: Sensible thing to do. Just yesterday we saw a topic about prices of petrol on African nations within 1,000 km of our borders.
We should be building pipes from southern Nigeria to central and east Africa.
You are so right bro. NNPC refineries have been working since 2015, thanks to APC propaganda magic announcements.
Do you know why ebilokan and his predecessor have failed to deliver cheaper petrol promised before they were allowed to make Jonathan a one term president in favour of the cluelessly expired and incompetent northerner Buhari?
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.
boxypane: Taxation is essential for growth. Only when used for that purpose.
Unlike the stealing of taxes by ebilokan and his successors in Lagos since 1999 that we promoted to federal level.
What has he done to the $84 billion subsidy savings apart from stealing it to bribe politicians for his reelection?
TimeManager: The Federal Government has revealed that the elimination of the petrol subsidy under President Bola Tinubu has resulted in savings of over $84 billion, which are now being channelled into the construction and rehabilitation of 40 key road projects across the country over the past two years.
This was disclosed in a policy brief released by the National Orientation Agency (NOA), titled “Two Years Later: Key Benefits of Subsidy Removal,” and made available to journalists over the weekend in Abuja.
The report, which reviewed the outcomes of the subsidy removal since May 29, 2023, noted that the policy averted a looming economic crisis.
It also enabled the Tinubu administration to clear long-standing financial liabilities, increase capital investments, and support the financial stability of state governments.
madridguy: No any school will make a failure their headboy or head prefect. Obi failed in a small Anambra State with a population less than 5 million and you expect such a failure to handle Nigeria with a population over 100 million...
How is ebilokan not worse in all aspects of governance than Obi?
Did ebilokan not fail to deliver government services and provide public utilities that matches the huge IGR of the masses, which increased Lagos budget to N3.4 trillion from the amount of N42 billion a quarter of a century ago?
Why do you support ebilokan handling our country despite his failure in Lagos State
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.
[quote author=NLCreator post=126854133]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
iwaeda: Wike doesn't remember what he said yesterday because of too much 1767 home grown rum. The man lies more than the devil.
Drinking expensive liquor while Abuja children are out of school because he failed to pay their teachers, is the highest form of devil.
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.
SmartPolician: Here's a general life principle - people who talk too much, lie too much
That is the approximate English version of what we Yorubas say:
Ti ọrọ bá ti pọju irọ ni ó kún inú rẹ.
The Abuja land grabber is a serial liar and propagandist.
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.
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
SatoshiX: He doesn't know his new found friends thrives on propaganda?
That's the modus operandi of the Obidients. The fallout will be too loud.
While the modus operandi of Oshiomhole’s Assembly of Past Criminals, APC is not just propaganda but also fake promises
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.
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.
free2ryhme: The wrong set of people are sent to represent Nigeria at such fairs. Simple and short
all they do is collect money and disappear
What is ebilokan doing with the $84 billion subsidy savings disappear, which has made petrol and everything else so expensive in the last two years?
What is ebilokan doing with the $3.3 billion Afreximbank loan that was supposed to help him get to N300/$1 in the short term
What is the Lagos master plan owner doing with the trillions annual budget of the state, where posh Lekki people don’t have ordinary water supply?
Is he just collecting higher revenue from us and making it disappear like a magician that Sanwo Olu called him?
BeeBeeOoh: Governor Babajide Sanwo-Olu of Lagos State, on Friday urged lawmakers, both at the federal and state levels from the state, to work assiduously to actualise the presidential ambition of Chief Bola Tinubu.
Sanwo-Olu gave the advice in Ikeja, during the 17th Edition of the Executive/Legislative Parley, with the theme: ”Mobilizing Citizens as a Social Capital Towards 2023 General Elections, NAN reports.
He said that Tinubu had selflessly given himself to the people of Lagos during his tenure as the governor, and to Nigeria as a whole, and recorded many achievements.
”This, indeed, is the time to pay him back with our unwavering support. He is, no doubt, the right and best man for the job. He knows the issues plaguing our nation like the back of his hands and he has the magic wand to fix it.
RenoOkriTheGoat: PDP is now an arm of APC, the terrorist party, courtesy of Wike the Ikwerre drunk.
The land grabber is enjoying the rewards of kicking Obi out of PDP to make it easier for ebilokan to have his own turn at continuing APC shege that was fraudulently sold as change.
This was 10 years ago when PDP prosperity came to an end with Jonathan as a one term president.
anonimi: 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.
Themanleshey: What do you know about economy? The same economy previous presidents were all complaining of not having enough to pay salaries.
Even richer countries pay huge tax, substantial money for electricity, and gasoline. Naija wey no rich reach dem just jeopardize his economy in the name of subcidy.
Is that why ebilokan is junketing the world in the new jet bought from the $84 billion subsidy savings that has hiked petrol price instead of crashing it as promised?
Have you heard of Stockholm syndrome?
chisomkachy: Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.
The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.
Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.
The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.
Image123: When these works start to yield like it did in Lagos, they'll say Tinubu owns Nigeria.
i should have said the whole truth but lemme respect my old age because of that banning bot.
What has 26 years of ebilokan yielded in Lagos beyond higher IGR and loans that are stolen instead of employing enough well paid civil servants to provide services and utilities for everyone?
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.
Creamypie: by saying this, u mean Nigeria was great. Yes. It was, under obasanjo and yaradua, b4 APC gradually finished it, which is y I always pray for obasanjo and yaradua and their generations unborn.
But I don't believe Nigeria will be great again, not with this crop of jesters ruling Nigeria.na truth I tell u
Why did Obasanjo join ebilokan to make Jonathan a one term president in favour of Buhari, thereby ending 16 years of PDP prosperity built on deregulation and privatisation capitalism policies?
Does it mean that the Ota farmer, who was renowned for subsistence farming OFN and government ownership of businesses as a military dictator, is clueless about capitalist economics of widespread prosperity from high employment productivity
citizenisb: Former President Olusegun Obasanjo says President Muhammadu Buhari may not do well in economy and foreign affairs, except in military matters.
“Buhari is not a very hot person on the economy and foreign affairs,” Obasanjo said.
The former President stated this on Monday at the third International Conference on African Development Issues — themed, “Driving inclusive and sustainable development in Africa: Models, methods and policies” — organised by Covenant University, Ota, Ogun State.
While reacting to a question posed to him by a member of the audience: “Is there any hope for Nigeria under the administration of President Muhammadu Buhari?”, Obasanjo replied, “Is there any hope for Nigeria under this administration? I came back from Geneva, Switzerland a few days ago to attend a conference titled, ‘Are elections giving democracy a bad name?’ We had an election, we elected a leader and the good thing about democracy is that the power you have to elect a leader is also the power you have to remove him. I am saying this because I said earlier that if you don’t see any leader that has done well in the 56 years of Nigeria’s independence, then let us forget about Nigeria.
“I will tell you what I know and I will tell you what I don’t know. I know Gen. Muhammadu Buhari. He served under me in the military. His characteristics that I know, his behaviour that I know, he has not deviated from them. He was never a perfect man, he is not a perfect man and no leader can ever be a perfect man because they are human beings. But if you read my book, what I said about him is correct. He is not a hot person when it comes to economy. He is not a very hot person when it comes to foreign affairs. But he will do well in matters of military and he will do well in fighting Boko Haram.”
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
WizardOfNG: You hardly ever talk sensibly. See my post about the issue of unsustainable population growth, that is on Nigerian adult, and then come up with one of your redundant counter-arguments as usual.
I don't know how folks like you can attack individual leaders alone always, 24/7, whereas anyone who know the on-ground reality of Nigeria appreciate the contribution of ordinary Nigerians to our dire overall situation.
People like you are not truthful, sincere or helpful in my opinion and your one way-hatred of certain leaders and the government, who I don't absolve of wrongdoing, means that you can never be part of the solution of Nigeria. You are a solid part of the problem.
Your August 14 OP below shows you talking sensibly about how you don’t absolve ebilokan of any wrongdoing, despite his 26 years a-looter master plan for waterless Lagos.
WizardOfNG: Give this man time and his steadfast belief in a decentralised and free market democracy, driven by innovation and unrestricted private sector input that stimulates healthy and developmental competition, will make Nigeria and Nigerians rich.
These billionaires are changing Nigeria with these massive Projects.
WizardOfNG: This is because people like you put everything on leaders and the Governemnt while absolving Nigerian adults of responsibility even as they revel in doing wrong things every adult should know comes with negative personal repercussion.
Are you talking about leaders looters who asked to be given the opportunity to serve and the responsibility that comes with it?
Or you are talking about leaders who were forced to take up the job?
Can you please clarify
chisomkachy: Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.
The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.
Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.
The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.
You know when you are too negative minded, even positive news will appear to your mind as negative
In that case, you just need to purge your mind of every atom of hatred and negativity, at least for your health sake.
Let me remind you, you cannot, and can never change what God is doing through Jagaban. "...It is the Lord's doing and it is marvelous in our eyes" (Psalm 118: 22-23)
How is stealing money for employing engineers, technicians, accountants, lawyers, administrators, billing clerks etc to make water available in all houses, the Lord’s doing?
Or what has ebilokan done with Lagos budget that grew from N42 billion a quarter of a century ago, to N3.4 trillion this year?
The Permanent Secretary, Office of Drainage Services and Water Resources in Lagos State, Mahmood Adegbite, has said that people drilling borehole in the Lekki axis of the state is probably drinking ‘’shit water.”
While speaking at a stakeholders meeting in the state recently, Adegbite noted that contaminated boreholes in Lekki pose health risk and added that treatment of waste water would eradicate any form of disease that may arise from it.
He said, “On waste water treatment, I will say that everyone digging borehole within the Lekki axis is probably drinking what I will call ‘shit water.’
Softmirror: Our fuel is not only one of the cheapest in the world, but also the best because it is sulphur free.
What a revelation to labour in vain for Stockholm Syndrome badge of failure
Was petrol in Nigeria not the cheapest before ebilokan made Jonathan a one term president in favour of his expired northerner Buhari, with APC’s fake change promises?
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.
commoditiesnig: Very laudable initiative for concerned patients.
Is this a good idea considering that every single Nigerian is suffering from the failure of ebilokan and APC to crash petrol price?
Rather than crash petrol price, they removed subsidy and stole the $84 billion savings to bribe politicians for their reelection.
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.
Zackattack: Somehow, they are still going to win the 2027 elections.
Only if some set of smart Nigerians can develop a strategy on how to outsmart these politicians that the masses obviously do not want.
How are we even sleeping on the fact that they are still winning elections left, right, center 🤷🏻♂️
Are you not one of the smart Nigerians to develop and execute the strategy of enlightening the masses to outsmart the politicians
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.”
Nozarashi: The question should be directed to the Medical directors of those institutions unless you want Tinubu to go down there, collect the payments and issue receipts himself.
Should we also ask the managers of NNPC and Dangote refineries why ebilokan and APC have failed to crash petrol price below the January 2023 level?
Have you heard of Stockholm Syndrome before
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.
JackDaAlienz: To be a successful APC member One of the highest requirements are
You must have at least 4 F9 You have 5 F9 you will be elected immediately 6 F9 your name will be immortalized as an APC Legend If you have only NePa bill as certificate you will be elected president immediately.
The only problem If you have atleast 2 A1 you are disqualified
Off your mic please. Don’t let Akpabio and Olubunmi Tunji-Ojo hear what Reno has to say
swaggerjack: Reno Omokri: I Challenge Tinubu To Prove If He Was Not A Drug Lord In Chicago
omenka: This is just us bluffing. We hardly have the leverage we need to make some hard demands. We need them more than they need us.
Diplomacy should be devoid of strategies taking roots from an emotional standpoint or empty bluster. It should be strictly based on logic and common sense.
What is this?
10 years after we listened to ebilokan to make his fellow southerner Jonathan a one term president and end 16 years of PDP deregulation and privatisation capitalist prosperity?
We have made so much progress in change to look at America in the eyes.
Emergingnation: Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party
National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.
During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.
He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.
His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.
“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.
“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.
“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.
Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.
asfrank: Is this the rubbish ADC can come up with after a failed election.
Wait and collect final beating in the general elections
200 million Nigerians have been collecting APC shege beating since 2015, and we are not all dead yet. So, keep your sympathy please.
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.
chisomkachy: The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.
Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.
Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.
The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.
The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.
Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.
The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.
But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.
During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).
The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.
Section 44 of the Constitution concerns constitutional rights to property.
Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:
“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.
“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”
FavouriteOfGod: This is a very good and by a leader which shows empathy and care for life 💜
Why did the good leader looter fail to show empathy for us instead of using $84 billion subsidy savings to buy a new jet for junketing and making hardship worse?
Any idea why he failed to show empathy and care to 200 million Nigerians
chisomkachy: Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.
The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.
Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.
The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.