budaatum: This would be stupid business practice if true. Most companies would own their input source if just to control their inputs and earn more profit.
But do some research and come back to inform us that all major crude oil extracting companies (Shell, Agip, BP, Chevron etc) don't have their own refineries.
Bros there are thousands of refineries around d world,70% of refineries don't own oil wells.This is my field of specialization.The only requirement for owing a refinery is source of crude must be close.The companies u mentioned are NOCs including saudi aramco.Dangote refinery is a private enterprise.Shell is dutch,BP is uk etc....their govts hav alot of interest in this companies as no government or economy can go far without securing a stable source of power(fuel) to drive innovation
budaatum: I always wondered why Dangote would build a refinery without owning an oil field, and here it is. Don't know if just me, but it seems to have been kept very quiet.
Those who own refinery around d world dont own oil fields.Normally, refineries are built close to source of crude supply be it via ships or pipeline
Edygrin: The Chief of Defence Staff, General Christopher Musa, has tasked men and officers of the Nigerian Armed Forces to ensure that innocent citizens are protected and not to be killed or harmed under any guise.
If you pegged oil derivative at 13% why do VAT 30%?
VAT and oil derivation should be at par or make it 13% and 15% VAT.
If States that generate more VAT wants to enjoy 30% more of the VAT they generated, then there is nothing bad for states that generate crude oil and other mineral resources to also enjoy 30% of the revenue generated in their states via crude oil and other mineral resources exploration.
That's what Ndume is saying and he is right
He is not right.D oil comes frm this states bt are d states involved in d drilling n funding of exploration?big no.bt wen it comes to VAT ,d states creating a conveniet business environment will propel much more business transactions hence VAT. Oil derivatives n VAT is not same in anyway
zero8zero: Ali Ndume is an enemy of progress, having failed to get the bills withdrawn, he is proposing a further reduction in the VAT derivation. The current derivation is 20%, the President proposes 60%, the Governors are proposing 30% , Ali Ndume is proposing 10% -13%. When a state generates income and receives 60% of it , what's wrong in that? but Governors are saying any state that generates income should collect only 30% while they share the remaining among themselves, even more sad is the illiterate Ali Ndume suggesting a mere 10% as derivation while they sit their lazy ass to share the rest. We are patiently waiting for the public hearing and what the Senate will finally pass into law.
He is lazy.13% is nothing.Let d states reap bountifully frm their contributions.it has to be above 50% to be called reaping
Am not a tpain supporter bt i must confess after passing the road a week ago that they doing well on that road.Past government has always allowed JB delay n play around wit d contract.
yarimo: This is very commendable from Lagos state government, please the state government should make sure all night buses coming to Lagos state are all empty completely. E get why
They will never be empty except we hav trains traveling interstate.This was wat i expected tinubu to do instead of lagos calabar road.It should hav been rail infrastructure to decongest d roads.
cathodekazim: I won't be surprised if some set of people still condemn this action by saying it was a show of eye servicing, blaming Tinubu and bla bla bla
This is not eye service....d man knows wat he is saying.He was giving a friendly advice
LivingSage: Until the day I die, every January 15, I will tell the truthful story of those who were slaughtered like goats on January 15, 1966, after building the greatest and most economically prosperous nation on Earth. If you do not like it, save yourself from heartache and stop following me.
Their deaths set back Nigeria at least fifty years. Maybe more. Under my watch, they will not be forgotten because their memories inconvenience some people whose agenda is not too far off from the schemers behind the January 15, 1966 putsch.
You should know by now that I am not a coward and have absolutely no fear of death.
Look at my lifestyle. I surf, parachute, climb mountains, sit at the edge of waterfalls, visit war zones, tangle with lions and other wild animals, and fought military dictators when I was a teenager, etc.
So, who are you, as an Obidient, to think you can threaten me? Your threats energise me. Your abuses are an elixir to me. And your insults exalt my already strong will.
I am a historian and writer. If people like me do not write about the truth of what occurred on January 15, 1966, mark my words, it will happen again!
As George Santayana and Winston Churchill said: Those who cannot learn from history are doomed to repeat it.
Just look at the behaviour displayed by some people during the 2023 campaign season and election. Threats, intimidation, abuse, blackmail, bullying, beatings, propaganda, publishing indecent images of their political opponents and those who disagree with them, and the composition and spread of provocative songs.
Then they attempted to cancel out national heroes and icons, like Professor Wole Soyinka, Pastor Enoch Adeboye, Sam Omatseye, and Muktar Shagari, and even President Obasanjo, after he slightly deviated from their agenda after the election, in the interest of national healing.
The exact behaviours that triggered the Nigerian Civil War.
Take a look at the comments under this post. Then, ask yourself if the right lessons have been learned. How are some of these persons different from Majors Timothy Onwuategwu and Chris Anuforo?
So, if you do not want me to write about these events, you better find a way to either kill me or wait until I die. Because, year in and year out, I will speak for Mrs. Latifah Ademulegun and Hajia Hagsatu Bello, who were brutally and unnecessarily killed in front of their underaged children by men who hours later were laughing uproariously.
May God grant them al-Jannah Firdaus.
Reno Omokri
Gospeller. Deep Thinker. #TableShaker. Ruffler of the Feathers of Obidents. #1 Bestselling author of Facts Versus Fiction: The True Story of the Jonathan Years. Hodophile. Hollywood Magazine Humanitarian of the Year, 2019. Business Insider Influencer of the Year 2022. 21st Most Talked About Person in Africa, 2024.
Did this baga jst praise church business owner adeboye?
Latitude5: Even when he comes out of jail he will still continue.. I don't know maybe he has evidence cus he hasn't provide one . Meanwhile at a cheap price dm me for your logo and flyer design
They also hav ordered for his passport to be dropped ....speed is in real trouble.He suffer for naija for a very long time
Tpain doesnt realise naija no be Lagos.Na only for lagos u giv small money problem solved.Every time rice,where d rice wan reach?nobody for my family don collect 1 cup of d rice
Glimpsetv: A Nigerian man applying for a UK visitor visa faced scrutiny at the embassy when he couldn't provide accurate answers about the documents he submitted. It was revealed that some of the documents were fake.
For instance, the man claimed he was visiting his cousin in the UK, but when asked how many children his cousin has, he gave an inconsistent answer, saying two, while the documents he submitted stated one. Additionally, he couldn't give appropriate answers regarding the place of registration on the child's birth certificate, yet he insisted that his documents were genuine. He also submitted a suspicious copy of his sponsor's passport, further raising doubts about his application.
This situation highlights why some Nigerians face visa denials. If you're planning to travel, ensure your documents are accurate and genuine to avoid rejection. Cutting corners is not worth the risk.
There's nothing here that a determined federal government can't do over a 6 - 7 year period.
N35 billion per year for 7 years will do it.
Yes 35b per year will do it....do u really ur govt can fund that?u do realise thats a needless exercise not infrastructural development or something dat will in anyway add to d economy
Looking4Trouble: You are very right. There will be another campus of NDA in Osun State, and one quater of that year’s budget will be used to equip it. Anybody wey wan die, make he die.
It cannot be done.NDA is too big to be moved.D infrastructure there cannot be easily replicated in another region.its too capital intensive
After everything baddo did for him.......Let's hope this his new looks can help sustain his musical career just like Lil kesh own wey fail to pass lintel level since he departed YBNL
Shut up abeg.Baddo made money too.So u expect him to continue working for record label to dey chop him proceeds
Dogalmighty17: Should we also list how many Russian properties also got burnt down? Oh! I forgot Russia has non in the US because they all got ceased due to American sanctions.
America never seized russian properties.Mind u there is a very large presence of rich russians in d us