₦airaland Forum

well i can not imagine the so called candidates looking like victims of one deadly disease

well as for yaradua it has shown all over his body that he is not fit it is left to us to decide

i cant stop laughing

Well what do u expect from the biggest hooliganism, gangster ism, party in africa what a shame on obassanjo and his cohorts.

At the end of the day they will still like to persuade nigerians to vote for the biggest failure group in africa may God save us.

[i][i]Petrol Madness,


It has been disconcerting watching the melodrama that has been going on in the energy industry of Nigeria for the past weeks. First, the ever bad mannered capitalistic head of NNPC came out saying that his organization is about to go bankrupt because he is subsidizing the cost of providing Nigerians petrol at the gas pump. As if Nigerians would really be sad at the thought of a bankrupt NNPC which is by far one of the most corrupt and inefficient government corporation in Nigeria and indeed the world, he went ahead to suggest that price Nigerians pay at the pump should be upped to satisfy his desire to break even – excuse me!



To really show Nigerians that he is the one that control the price of petroleum after all, and that we have no right to enjoy the tremendous windfall from international crude oil price increase, Kupolakun pulled enough strings to make the moneybag controlled PPRA to hold a bogus meeting and start considering price increase. To add insult to injury, the PPRA, which has already been known for lacking any milk of kindness for the ever-suffering populace, came out with a bogus memorandum after the meting duly rejected the proposals of the moneybags like Oando and Zenon oil.



The truth about the matter is that the PPRA is controlled by moneybags that do not feel the real impact of petrol increases on the common citizen, as well as government functionaries that have stolen and are stealing enough to ensure they can open a fixed deposit that would finance their petrol purchase on exit from this ridiculous administration!



The real problem of Nigeria’s energy industry today is a lack of imagination on the part of the administration on one hand and the corruption and inefficiency of the NNPC itself. By NNPC, I mean the workers, engineers, moneybags and the likes of Kupolakun that control the organization. Not only has the NNPC failed to properly manage the existing refineries, they are yet to come up with ways to build new ones. For God sake, we can add additional capacity to existing refineries; in fact, it makes more sense to do so than to build new ones (talking as an expert in the oil industry).



Most importantly, the issue of subsidy needs to be ironed out with this administration once and for all. Anyone that says removing subsidy is part of the reform program is simply mad! Fuel subsidy has been the only benefit Nigerians get from having crude oil in their country and to remove it now is simply wicked. Most liberal economies subsidize various areas of their citizen’s life- in Europe; healthcare and social security is heavily subsidized, while in America their farmers are so subsidized some of them plant to destroy! In China, South America and other Far Eastern countries except Japan, who are major importers of petroleum products, all of them subsidize fuel consumption of their citizens. That is the only way they can guarantee cheaper goods for export to the West or competing favorably in the international scene while allowing their people some let up from the crazy crude oil prices.



Effectively, this makes Japan, United States and Europe (all developed economies) the only places on earth that pay international price of crude at the pump; moreover, why not? They are the ones that have the speculators that benefit from fear and capitalistic greed, so they can afford to pay these obscene prices for psychology! What concerns the pure old woman in the Nigerian village about the psychology of the market that has put kerosene (to prepare food to eat) beyond her reach in price? Simply put, it is none of her business! If truly market economics is at play, Nigeria has to be part of the market. Unfortunately, we are not! The market does not behave well or bad because of our action or inaction (perhaps, the only thing they react to in Nigeria is bad news of unrest that would disrupt their appetite for our unrefined crude) – we are basically a small player in a world filled with terror and fear! Moreover, the countries that pay these prices at the pump subsidize their citizens in other ways and have 24-100 times the per capita income of Nigeria! We would stupid to compete in the market they control!



Leaving petrol prices in Nigeria to the whims and caprices of international spot market rate is leaving Nigerians vulnerable to the speculators on Wall Street and Main Street. In fact, it is leaving us open to Osama Bin Laden and his fellow terrorists (and the every day madness going on in the Middle East) since every new video the mullah-in-chief produces usually spark up an increase in crude oil prices in the international commodity exchange. In actual fact, Nigerian government is exposing her citizens to undue security risk and making them vulnerable to terror by preaching the mundane gospel of liberalization of downstream sector.



To fully realize the potential of our country in the energy sector, there is need for wholesale reforms of the industry. One cannot guarantee proactively and efficiently the welfare of ones citizens by practicing brazen free market economics. There must be some stopgaps and genuine reforms to guarantee competition, eliminate monopolies like NNPC and truly deregulate. If government wants to deregulate the downstream, then the upstream have to be deregulated! There is no piece meal. Not that I am preaching upstream deregulation, all I am calling for is consistency! Moreover, if the government wants to regulate the upstream part of the oil sector lightly using Production Sharing Contracts and Joint venture Agreements, then the same should be said of the downstream. The obscene profits being declared by oil companies in Nigeria and around the world at the expense of our citizens in untenable and should be brought to an abrupt end.



In the last round of deregulation (or Soludoism), I wrote an article suggesting ways of cushioning the effect of international crude oil prices on our local markets, while guaranteeing the availability of the product, prevent inter-border smuggling and encourage the entry of local entrepreneurs to the business of refining and gasoline retailing. That article can be found on: . It is simple, the NNPC need to be commercialized and broken up into manageable parts, DPR need to take on regulatory function more seriously, local incentives for competition have to be introduced, the foreign majors have to be induced to refine in country and the market must be well managed to ensure efficiency and price stabilization! Besides, benchmarks that creates price band within which oil would be traded to local refiners for local consumption need to be determined in the budget and something similar to what the senate recently proposed should be included to ensure marketers could recover their cost from budgeted subsidies not from the common man!



There is no way around a sensible energy policy, what this administration is proposing, especially the likes of Kupolakun, Gbadamosi and Daukoru, is pure madness! Where are the presidents men by the way? Is this what we get for 35 billion dollars in foreign exchange? Moreover, for the so-called 18 billion dollars in excess revenue fund, what happened to that? Mr. President, is that what we get for debt relief? Mr. President, can you see poverty around you? May be Nigerians should start reconsidering this PDP government all over again – it appears to be a party for the highest bidder – reminds me of American Republicanism. In my opinion, 200 billion naira which equals little over 1.5 billion dollars as yearly subsidy for petroleum is not too much to draw down from the 18 billon dollars excess revenue fund that the ignoble governors and senators would spend in pepper soup joint anyway!

well it is being said already! the betrayal knows himself no one than the old fool OBJ

well so u said ? i will say diffrent strokes 4 diffrent folks

to be sincere with our selvesif it is only buhari and atiku were to contest at the polls who will u vote for well atiku is sellablewhile buhari is not simple

Well u heard me right if u are not a demented fool, just get it straight into ur brain it is the truth the holy truth 4 heaven sake crazy set of ppl


only god knows how many years u don leave naija. stinkin old fool

well they will not know what is befalling them now.

Our fore fathers say "the wise man built his house on the solid rock while the foolish man built his house in the swarm of sand" well i will like intelligent ppl to ponder on that for a while withintelligent reply then i will make my point

Why the fuss on atiku alone afterall na breeze blow wey fowl yansh open.

what would u have to say in the issue of anambra state wey them governor to be they helep una presido carry money run go yankee we dem catch am at the end of the day he still win dem primaries crazy talk!


ABEG MAKE UNA GO SLEEP

see i have always said times without number that all this so called nigerians in diaspora will oneday end up breaking this country with their wide mouth. i magine someone staying thousands of kilometers aways assuming what is going on in nigeria and when u ask them they will say CNN say this ben tv say that crazy set of ppl.

If u ppl are men and women of of integrity as u have all said then why don't u ppl get ur stinking ass off here and vote 4 the right ppl all they know is "blow grammar" like a demented proffessor and nothing to show.

If you know u don't want atiku to emerge then u guys can come home and do ur assignment as in work against his ambition silly ppl.

All this years u have being voicing out what has come out of it moreover u ppl will stay here on net saying rubish, just come and have a look at the illiterates the way they are being mobilised for the elections then u will get the fucking facts into ya heads better still elites votes don't count in nigeria and especially the educated one's .

so i will like u ppl to respect ur selves and get the hell down here and make things right cause there is nothing u can do from there.

welll u as well i will say u are a slowpoke cause as i can see u are presently in canada and the weather over there has literally afected ur thinking oblongata

SOMETIMES PEOPLE BEHAVES REALLY FUNNY WHAT IS THE MEANINIG OF ALL THIS DOCTORED, NEFARIOUS PICTURES. SEE SOME PPL WILL STAY OVER THERE IN EUROPE AND TALK RUBISH WHILE WE THAT ARE HERE KNEW WHAT IS GOING ON ALL THEY DO IS LISTEN TO NETWORK RUBBISH (NTA) AND USE THAT TO JUDGE.

U BETTER COME AND SEE THE BEFITTING WELCOME ACCORDED THE HUMBLE MAN ON HIS ARRIVAL IN ABUJA YESTERDAY U WILL KNOW SAY ALL UNA GRAGRA NO REACH ANY WHERE U GUYS ARE JUST THERE IN EUROPE AND AMERICA TALKING RUBISH MOBILISING THE WHITES TO DISGRACE UR HUMBLE SELVESABI UNA NO KNOW SAY NA SHAME FOR UNA AS OLD AS UN A BE WELL SHA

ALL MY OWN BE SAY ATIKU NA THE MAN ANYTIME ANY DAY I HAVE SAID IT B4 AND I WILL CONTINUE SAYING IT AMEN

mukina2:
*wow*

your mouth will surely be cellotaped ok take care

hello every one am currently hooked to my girl and my angel michelin89 so good to be with her

well eddy she is ma real baby she is god sent ok love her soo much

what a corky words there man whos is a spare tyre don't go too. and am afraid she is mine ok

see my baby don't mind them no titi for any where they are just being jealous there is nobody like titi any where ok just be ur self and we are for each other ok

never mind baby girl u worth it

this i will say is for the real and most beautiful gal in nairaland


The moment I opened my heart and let you in
I saw this great love starting to begin.

I opened my eyes to a vision of you
I hope, I pray your feelings are true.

I have loved and I have paid the cost
And I have felt the pain of the love I lost.

But, now, I think I have truly found
An Angel who walks upon the ground.

You go beyond all limits for me
Just to show your love endlessly.

I could search my whole life through
And never find another 'you'.

You are so special that I wanted you to know
I truly, completely love you so.

so peopple stand up 4 the most beautiful gal in naira land

nawa o who dash monkey banana me to jaybaby . i swear it can never happen can't u see her i mean shr looks more like an ? well may be i should just say it cause i can't help it she looks more like an ALBINO (AFIN) ABI AND I GUESS WE DON'T TALK TO THEM I OUR FAMILY

SO MICHELIN IS THE PERSON AM TALKING TO SHE IS A BABY I KNOW ABI NA ONLY JAYBABY BE BABY 4 THIS HOUSE ABEG MICHELIN CARRY GO JARE OMO TO DUN

michelin89:
@ atiku

I like your pics a lot! You must be a very funny and friendly guy!

well Baby it is a pleasure and thanks alot for ur compliments.

and as 4 toy boy dem call u fine boy u dey blush me if u know what u look like comment reserved ?

and michelin89 u must be a very nice gal, and will like to talk to u soon

@jaybaby i beilieve amstill better than that mungopark abi na lord luggard u stood with. well with all pleaseure eventhough na igbo infested teeth i thank GOD what about ur boyfriend own cocaine infested look abi u wan use me compare that ur deflated guy of urs

hey everyone in here take a break from toy boy and check me out. and make sure u have a nice time.

well to those who ingnorant of the emerging facts. Atiku is here to stay and by the way which of those misecrant fools (GOVERNORS) can stand the test of time and turbulence like Atiku. Let us be sincere with ourselves all these Governors are singing third term songs when OBJ was bent on ruining this nation with his crazy ambition. These largely shows that the so called governors have not got the balls to withstand intimidation of the highest order except (ORJI UZOR KALU).

These i will buttress my point that if u allow a dummy to rule over u even when countries like Zimbabwe, Sudan, Ghana say no u will always agree, but my dear brothers for a giant "NIGERIA" we need ppl who can stand the test of time forget about any manipulations with the ptdf or whatever we all know that is always the way of politics but i bet u this trend are to change on the emergence Alhaji Atiku Abubakar.

I just want us to know that the presidency is bent on destroying his VP just because he is generally acceptable or why is that it is only those against the presidency that always face the wrath, well may God help my dear country. But i beileive the justice is near very near and not too far Atiku has got the balls to bring the change. I will like u all to take alook at his political CV (curiculum vitae) there u will know even b4 OBJ he has been a strong advocate of democracy and a very strong democrat.



AND THIS PIECE GOES TO ALL NIGERIANS IN DIASPORA WHEN THE GOING WAS TOUGH U ALL LEFT US WITH OUR FAITH SO WHY ARE U GUYS OPENING UR MOUTH FAR AND WIDE DESCRIMINATING, WHY CAN'T U GUYS JUST SUM UP COURAGE AND DEFEND UR OPPOSITION AGAINST HIM BY COMMING HOME TO ECERCISE UR CIVIC DUTIES OF WHICH I KNOW MOST OF U WILL NEVER DO CAUSE ATLEAST MOST OF U ARE LVING THERE ILLEGALLY "BUNCH OF ILLEGALITY TRYING TO MAKE THINGS LEGAL" WHAT AN IRONY? INSTEAD OF SITING DOWN OVER THERE RUBISHING THE EFFORT OF THE POOR GUYS HERE. MIND U WHEN U ARE SHOWN THE WAY OUT OF THERE THEN I WILL KNOW WHERE YA ALL WILL COME TO STAY


THIS ALSO GOES TO THOSE WHO ATTENDED THE AC CONVENTION YESTERDAY MAY ALMIGHTY GOD BLESS U WITH MERCIES AND THE TRUST U ALL HAVE IN ALHAJI ATIKU ABUBAKAR SHALL NEVER BE BETRAYED.

AND THESE GOES TO ALL THE DEMOCRATS LET GET OUR WAYS TOGETHER AND SAY NO TO THE "OPPORTUNISTIC CLIQUE" AS SAID BY HIS EXCELLENCY PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA IN WAITNG ALHAJI ATIKU ABUBAKAR

GOD BLESS ATIKU ABUBAKAR
LONG LIVE NIGERIANS
LONG LIVE DEMOCRACY
LONG LIVE FEDERAL REPUBLIC OF NIGERIA

[b]ATIKU ABUBAKAR NEW AC PRESIDENTIAL ASPIRANT GOD BLESS ATIKU ABUBAKAR LONGLIVE FEDERAL REPUBLIC OF NIGERIA

[b]ATIKU ABUBAKAR NEW AC PRESIDENTIAL ASPIRANT GOD BLESS ATIKU ABUBAKAR LONGLIVE FEDERAL REPUBLIC OF NIGERIA

@lewa

your vision for atiku to be gaol is actually a mess 4 now cause he has won on a clean note so prepare for ur worst nightmare.

and better still don't u try to come to nigeria else we get hold of u for defermation of character cause for where u get ur own facts .

well be careful when next u are in naija ok cause we are arresting all u false acusers one by one including efcc

hurray atiku is free once again and shame to the critics come 2007 we will be there oh yeah can't wait to cast my vote for him

oh ye critics die away with shame hahahahahahahahahahahahahah

@4real

you asked for it here is a link to some of the initiatives of atiku that are credited to baba iyabo this is to let u know that assuming they are not sabotaging this man in any way he would have acheived more than the president himself that is why u see that the president neck deep in wrecking the poor man. so all naira landers including 4real can take a look more are still to come.

http://www.atikuabubakar.net/index.php?page=static/other_init.html&topimage=images/meet_vp.gif&menuid=1,4

@4real

i know see ur ignorance is going to get u no where just wait and see the dawn is surely near the truth will be revealed in no time ok take care

WELL MR EGBON I WANT U TO REALISE THAT ATIKU WAS JUST A VICE PRESIDENT FOR EIGHT YEARS .

I EVEN BEGIN TO WONDER IF U UNDERSTAND WHAT A VICE PRESIDENT MEANS IN THE NGERIAN CONSTITUITION OF 1999 WELL IT IS NEVER UR FAULT SINCE U SPENT MOST OF UR TIME OVERTHERE IN ABROAD U CAN NEVER UNDERSTAND WHAT IS GOING ON AN MOREOVER THE HIGEST PLACE WHERE U GET UR NEWS IS OVER THERE IN VIETNAM IS ON THE NET SO U ONLY MADE DO WITH WHAT U HAVE LOL!!!!

WELL TO BE FRANK ATIKU WAS MORE LIKE JUST AN ADVISER TO THE PRESIDO AND WHEN EVER DOES JUT THAT IT IS LEFT TO THE PRESIDO TO HEAKEN TO ADVISE OR NOT.

AND ANOTHER POINT IS THAT EVEN THOUGH HE IS DESIGNATED A DUTY BY PRESIDO HE IS ALWAYS BEEN MONITORED SO TELL ME WHERE THE ROOM FOR IMPROVEMENT IS FOR HIM I BEG UR PARDON BROS TALK SOMETHING ELSE AND STOP GENERALISING