Politics › Re: Breaking : Verydarkman Spotted Protesting In Abuja ( Pic ) by Anunakeeh: 4:52pm On Jul 28, 2024 |
|
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 1:03pm On Jul 28, 2024 |
Obaranje: na from filling stations the protests go start.
The stupid government have succeeded in gathering the people together already there for the incoming protest Are you minding that mumu. Foools that reason with just only one part of their brains like the bastarrd lowlife ventilating all over this thread. |
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 12:41pm On Jul 28, 2024 |
Nwagukosy: This is for those who have the time and patient to read. But if you want to understand the situation of things in Nigeria, fuel price increase and the attendant hardship, read this👇
Anonymous NG @AnonXNG Copied....
When I saw the Malta 🇲🇹 TV NNPC comment by Dangote, I suspected there was more to it. Our group decided to investigate further.
Our discovery was deeply shocking.
Thread !
Firstly I will breakdown the whole Oil theft process and how Oil exporting and importing business works here in Nigeria . NNPC grants importation licenses to a select group of oil companies, which are responsible for importing petroleum products into the country. These companies set the prices for petroleum products, and the media often refer to them as "oil marketers."
We’ve another set responsible for exporting/selling unrefined petroleum products both locally nd internationally. NNPC nd few partner companies plays a major role in this sector, along with high-ranking govt officials, military leaders, & politicians who r involved in oil theft.
To better understand this thread i will briefly explain how oil exportation and importation works in Nigeria. Please note every point I will list you will need them as reference as we progress, very important
1. Extraction: Oil is extracted from the ground using drilling rigs.
2. Processing: The crude oil is exported(internationally) to refineries where it is processed into refined products
3. Transportation: The processed oil are transported from the refinery to storage tanks, blending facilities, and ports, typically via pipelines or ships. 4. Export: At the port, the oil is loaded onto tankers or other vessels and shipped to Nigeria and other countries 5. Sale: The oil is sold to buyers in Nigeria at a price set by the importer (oil marketer). The government subsidizes a significant portion of the oil price to make it more affordable for citizens, a practice known as fuel subsidy. Now let’s link the list together
Recently, Oando PLC announced the approval to acquire 100% of Nigerian Agip Oil Company. This effectively means that the Tinubu family now owns Agip Oil, which is part of Eni S.p.A., an Italian multinational oil and gas company.
Agip Oil operates 17 onshore oil blocks and produces 11 million barrels of oil and condensates annually, and it also manages the Bonny natural gas liquefaction plant. One might wonder why such a successful company would divest 100% of such a critical asset.
Observing similar situations, like the case with Dangote, suggests that this sale was not made lightly. Now, these crucial oil fields and plants in Nigeria are under the control of Tinubu through Oando PLC which is Tinubu’s family owned not even NNPC.
Stay with me please
Continuing, with their control over substantial oil reserves in the Niger Delta and the ability to explore further through Agip Oil, their next step is refining. Instead of building a refinery in Nigeria, they opted to construct one in Malta 🇲🇹.
This move allows them to exploit the country's resources and obscure their activities.
In early 2021, Enemed Co Ltd, the leading fuel supplier in Malta, issued a tender for the leasing of storage tanks and a blending facility at the Ras Hanzir Oil Terminal in Malta.
Ras Hanzir Oil Terminal Limited won the bidding. It is owned and operated by the Tinubu family, with Wale Tinubu, who is also the chairman of Oando PLC, serving as its chairman along with other members of the Tinubu family and their associates.
The company has already established a functioning refinery in Malta, they have now acquired the storage tanks and blending facility oil terminals, which were recently exposed to the public.
Stay with me please
After Tinubu was sworn in as president, his first major move was to announce the removal of fuel subsidy, while the government continued to pay in secret, allowing him to increase petroleum product prices. This move was designed to benefit his own monopoly.
With the recent forced acquisition of Agip Oil by Oando PLC, Tinubu as an individual has become the largest oil exporter, explorer, and marketer in the whole country, second only to NNPC. Here’s the pattern: Tinubu, through NNPC, will sell Nigeria’s oil to himself at a low price via his company in Malta. He will also explore, extract and export oil using his newly acquired Agip Oil Company, which operates across the Niger Delta states of Ondo, Edo, Delta, Bayelsa, I’mRivers, Imo, Abia, Akwa Ibom, and Cross River.
Tinubu will then buy back the refined oil from his company in Malta through NNPC and as an oil marketer via one of his companies OVH Energy(Oando) at a higher price and export them back to Nigeria The refined oil is sold to the Nigerian public at a high price, while the subsidy, although officially removed, is still being paid secretly. Essentially, Tinubu is paying himself subsidy.‼️
This scheme an extraordinary level of financial exploitation
Even after he leaves office, and Nigeria remains without refinery which he will make sure of, his Oil Monopoly over the country will remain standing. As if that is not enough, the govt will still pay him for subsidy!
He sold Over 2 Billion Dollars worth of petroleum products to Nigeria through the Malta refinery just in 2023 alone, that’s an example of what the future of Nigeria Oil importation will look like
That’s why he will fight the Dangote refinery with everything he has; if it becomes operational, his multi-trillion-naira oil monopoly enterprise will collapse.
The price of petroleum products like fuel will keeping increasing, while he still pays himself subsidy.
Considering his age, one might wonder what he needs all this money for, other than sheer greed. It's truly disheartening. BIG Kudos!!! Buhari should have never handed over to the greedy demon. One thing i know about the notherners is they can't be this heartlessly heartless. |
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 12:12pm On Jul 28, 2024 |
|
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 11:55am On Jul 28, 2024 |
Jostoman: All this na politics and it is because of the incoming protest.
The ideas is to keep majority of Nigerians in filling station so that majority of Nigerians will not have chance to participate in the the peaceful protest. Lol they are even adding petrol to fire. Are you aware there is no electricity now too? Are you aware what is keep most nigerians youths busy is electricity and petrol to fuel their generators so they can be on the internet? So when none is available and boredom kicks in, What would they be doing or then resort to? Answer yourself lol. It will shock you all how all streets and express will be filled up with them. Stop thinking in one direction and expand your thinking capabilities. |
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 11:46am On Jul 28, 2024 |
ungara17: Road blocked with long queue in Nnpc and mobil at Falomo.
Fuel scarcity + Protest = ? It's a perfect Combo  When an evil person end is near. It will be so glaring. I don't see him escaping this wrath. A lot of people in his government have traveled out of the country already. |
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 11:30am On Jul 28, 2024 |
Gadafii: The protest supposed start before August 1
Tinubu and his goons have blending facility in Malta, that's why he removed subsidy in his first day in office.
The facilities get fuel cheaply from Nigeria thru NNPC, refine and blend the fuel and, distribute to other countries including nigeria At a very expensive cost, while subsidy is paid for.
This means tinubu is paying himself subsidy and still went on to increase the price of petrol which means he is massively raking in money in two places. Using the crooked NNPC to make this possible.
yet some bastardsss dare threaten protesters Nonsense and ApC Now you have figured out the whole evil biggest scam in the history of nigeria. |
Politics › Re: Fuel Scarcity: At ₦850/ltr Queues Resurface In Lagos; Motorists, Commuters Groan by Anunakeeh: 10:23am On Jul 28, 2024 |
JASONjnr: Omo, the fuel scarcity is really annoying and time consuming....
This country is really cursed...
How can you have natural oil yet you can't power your house or have enough gas to drive around....
How can you be surrounded with rivers and you can't build dams to have constant energy?
How can you have a population of 200m, enough create massive tax and generate revenue, yet the country is without good roads....
This country doesn't deserve a peaceful protest, but a brutal protest that should claim these politician's lives....
The suffering is enough... These people begged for good governance in 2012, Nigerians gave them power in 2015 and till date, they're still clueless....
Note: I advocated for state protest and not centered protest where damages will mainly affect properties and not the politicians. 🤣🤣🤣🤣🤣🤣🤣🤣🤣 |
Crime › Re: Businessman Raises Alarm Over A New Scam In Town (video) by Anunakeeh: 9:51am On Jul 27, 2024 |
The merchant shouldn't be interacting with me concerning payment. My business and payment rest with the delivery man. |
Business › Re: Dangote Group Not Selling-off Crude Stocks, Will Deliver Petrol In Aug - The Wil by Anunakeeh: 10:53pm On Jul 26, 2024 |
SensualMan: Dangote needs to be taught a lesson in a language he understands. Yoruba nor dey fear face, our Son be President! Do anyhow see anyhow we nor dey look Uche face. We must send Dangote packing, Yoruba Allied movement(YAM) We Ronu are even going to seize that refinery from him. It is on our land he built it on afterall. Ronu Association Of Nigeria(RAN)  |
Politics › Re: Youth Mobilises Kano Residents For Protest At Popular Market by Anunakeeh: 10:42pm On Jul 26, 2024 |
|
Politics › Re: Youth Mobilises Kano Residents For Protest At Popular Market by Anunakeeh: 10:17pm On Jul 26, 2024 |
jayce232: Honestly @bold I never thought I will miss buhari for anything. But going by the way this govt has ruled so far, I can confidently say buhari was a saint! I bought fuel for 820 naira yesterday at a filling station, which means before the year runs out fuel will be selling for btw 1k to 1500 naira. It has never been this bad. So you thought Shehu Garba was Joking when he told you all you are going to miss buhari. They know the DEVIL is coming in. Buhari is a saint and honest man. What most you don't understand is these Elite have plans of the next 10 Years for you citizens at hand already. That's why they say information is power. Those close to the government always get firsthand information first before it geta to the citizens. That's why they are wealthy. |
Politics › Re: Youth Mobilises Kano Residents For Protest At Popular Market by Anunakeeh: 10:09pm On Jul 26, 2024*. Modified: 10:24pm On Jul 26, 2024 |
mrkings84: Seems it's only Lagos people and the rest of the Wasteland that this Tinubulation no affect... Na them the thing even affect pass. They are just useless tribalists and cowards. Many of them are dying of hunger and misery inside their smelly houses. Regardless those of us who are sane and still have our conscience intact are coming out en masse. |
Politics › Re: Youth Mobilises Kano Residents For Protest At Popular Market by Anunakeeh: 9:42pm On Jul 26, 2024*. Modified: 5:01pm On Jul 28, 2024 |
Drefaithful: Those boys don't fear police oo, they will only retreat once they see soldiers.soldiers Soldiers sef no reach. E no go beta for soldiers. Early tomorrow morning it startsgrin The End of the Tax Thief begins tomorrow. Time to chase all the EVIL THIEVES and their FAMILIES in all four corners of the country and return to regional government then disintegration begins tomorrow |
Politics › Re: Youth Mobilises Kano Residents For Protest At Popular Market by Anunakeeh: 9:40pm On Jul 26, 2024 |
|
Politics › Re: Northern Group Rallies 19 Northern States For #endbadgovernance Protes by Anunakeeh: 8:59pm On Jul 26, 2024 |
|
Romance › Re: Lady Handcuffed By Soldier Boyfriend For Ending Their Relationship (video) by Anunakeeh: 6:18pm On Jul 26, 2024 |
Okortor: Ode.... which police wan enter barracks go arrest soldier? Sense is indeed far from u guy's here on NL  |
Politics › Re: Don’t Join Protest, Gov Uzodimma Urges South East Youths by Anunakeeh: 3:15pm On Jul 15, 2024 |
|
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 2:51pm On Jul 15, 2024 |
TableLeg: Post your balance if them born your papa well! You have bitten more than you can chew today Post that balance... you have till COB today, if you dont, i will make this forum hell on earth for you Poverty stricken Ostrich! Koshi lo jo. Weree jati jati. I have important things to do today. Olofo. |
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 2:46pm On Jul 15, 2024 |
TableLeg: Onikuuuuure...... Post your account balance if them born your father well! Bloody poverty stricken bastar....d! May Amadioha shatter your mama left bobby! Omo ale ikeji eranko. Iku pa e nibi ti o wa yen. Oloriburuku omo ale omo gutter omo abin pa. Weree shemi ni koba iyalaku babalaku iyalayae. Omo ofo ti oni ran. Ki olo wa ibi kusi danu. Ofo edakeda. Ori iyae ti buru nile ashiweree omo. |
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 2:40pm On Jul 15, 2024 |
omakay: My chairman, abeg enter street make you spend 10k den come back come tell us how your body dey do you..... I'm back from spending the 10k and extra 5k. 2 jumbo loaves 5 titus sardines 1 crate of eggs Nothing do my account balance. My message to una be say, when the thing hit una well well to bone marrow and hook una for neck like hook wey dem dey use catch fish. Nobody go tell una to enter streets and ground all activities in the country. |
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 2:32pm On Jul 15, 2024 |
TableLeg: You get 10k for account? No go borrow am for loan apps o, make gbese no bury you! You are mistaken me for your father. Unfortunately i'm not. Meanwhile tell him to send me his account details so i can send something into his account so you can all have a proper meal before sapa and kwashokor will exterminate you all. Be fast because i'm busy. |
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 1:26pm On Jul 15, 2024 |
omakay: My chairman, abeg enter street make you spend 10k den come back come tell us how your body dey do you..... No wahala i dey go spend am now. I go give you feedback later. |
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 1:00pm On Jul 15, 2024 |
EdiskyHarry: Tinubu has now won the award of the most useless president in the history of Africa.
Sad that we now have a president worse than buhari. Drugs is bad.  |
Politics › Re: Nigeria’s Inflation Rises To 34.19% In June 2024 - National Bureau of Statistic by Anunakeeh: 12:55pm On Jul 15, 2024 |
References1: NBS Nigeria At least e never reach 100. So there is no cause for alarm. |
Politics › Re: NNPC Eyes Fresh $2 Billion Oil-For-Cash Loan Deal In Two Months by Anunakeeh: 8:43am On Jul 10, 2024 |
bukatyne: Right reaction! Are those not your husbands collecting loans and destroying the country furthermore. You women are the ones enjoying the ill proceeds. |
Politics › Re: Food Scarcity, Hunger: Nigerians Losing Patience, Senate Tells Tinubu by Anunakeeh: 9:12pm On Jul 09, 2024 |
GreenxGreen: Revolution Revolution Revolution is the only way out for Nigeria Revolution first then disintegration to follow to perfect it or else the Revolution will be useless. Nigeria is not supposed to happen as a country. All tribes should go their seperate ways. |
Politics › Re: Only Peter Obi Can Save Nigeria – Labour Party, Ebonyi State by Anunakeeh: 7:24am On Jul 08, 2024 |
|
Celebrities › Re: EFCC Most Corrupt, Useless Agency In Nigeria - Mompha by Anunakeeh: 7:12am On Jul 08, 2024 |
|
Crime › Re: Wike To Security Agencies: It's Not Tinubu's Job To Identify, Confront Criminals by Anunakeeh: 7:48pm On Jul 05, 2024 |
|
Politics › Re: Dangote, Elumelu, Rewane Enlisted As Tinubu Inaugurates Economic Team by Anunakeeh: 9:26am On Jul 05, 2024 |
|
Romance › Re: Busty Working Class Nigerian Women On Instagram (pictures Included) by Anunakeeh: 8:49am On Jul 04, 2024 |
Psych412: It shall never be well with APC ..... See what joblessness has caused, the next thing for him is to masturbate with the pics🥺 Guy go find better work. This yahoo thing no too dey pay again except you do juju. |