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God please have mercy on Yusuf Buhari. Let the wickedness of the wicked consume the wicked and not his son |
The mafiaso around Buhari have certifications in sycophancy |
The Depot and Petroleum Products Marketers Association (DAPPMA) has claimed that the Nigerian National Petroleum Corporation (NNPC) lied to Nigerians on the ongoing nationwide shortage of Premium Motor Spirit (PMS) or petrol. The Depot and Petroleum Products Marketers Association (DAPPMA) has claimed that the Nigerian National Petroleum Corporation (NNPC) lied to Nigerians on the ongoing nationwide shortage of Premium Motor Spirit (PMS) or petrol. DAPPMA made the claim in a statement issued on Monday. Signed by its Executive Secretary, Mr. Olufemi Adewole, the statement rejected accusations of product hoarding leveled against DAPPMA members. While DAPPMA explained that it can neither confirm nor dispute NNPC's claim of having sufficient product stock, the association said it can confirm that the products are not in the tanks of its members. According to DAPPMA, there are always hitches in product distribution any time the NNPC assumes the role of sole importer of products. DAPPMA added that 80 percent of the country's functional product receptive facilities are owned by its members and such do not currently hold products. The NNPC imports and distributes products through DAPPMA, Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN). Our members pay NNPC/PPMC (Petroleum Products Marketing Corporation) in advance for petroleum products and fully paid up PMS orders that have neither been programmed nor loaded are in excess of 500,000 metric tonnes (about 800,000 liters) as at today and enough to meet the nation's needs at a daily estimated consumption of 35,000 liters. Our members' depots are presently empty. However, if the NNPC /PPMC provides us with PMS, we are ready to do 24 hours loading/truck out to alleviate the suffering of Nigerians until the fuel queues are eliminated," said DAPPMA. The association maintained that the NNPC has been the sole importer of the product since October for various reasons. Among these, DAPPMA said, is the fact that the country currently runs a fixed price regime without any recourse to subsidy claims. It noted, however, that the international price of crude oil is beyond its control. DAPPMA stated that the current price of PMS is about N170 per liter, with the NNPC, importer of last resort, absorbing the attendant subsidy on behalf of the Federal Government. "We understand that NNPC meets this demand largely through its DSDP platform framework. However, due to price challenges on the DSDP platform, some participants in the scheme failed to meet their supply quota of refined petroleum products, especially PMS, to NNPC. This is the main reason for this scarcity," explained DAPPMA. It added that the current exchange rate of naira to the dollar is N306 for PMS importation, stating that banks also charge interest at a rate above 25 percent. Source: Sahara Reporters Tweeter handle
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It's like if Tonto name is not attached to this guy's name bloggers won't sell. Any news about him you will hear "Tonto Dike ex'' are bloggers saying he doesn't have identity |
How do we verify your claim |
As a Nigerian, I was fascinated by the myth of Buhari's INTEGRITY until it was tested by politics |
If you think Nothing will come out of this click LIKE If think EFCC will win the case Click SHARE |
MasViews:I read everything. Months back Sallah was celebrated. The government house was full of Muslims majorly who came to pay homage. Adamawa is half Christian half Muslim. Now he tells the Christians to stay home and pray because of insecurity and mass movement |
Neoteny:Another mongo park who believes Bindow. Few months back during Sallah same movements happened why didn't he call it off and tell them to pray. Fccuk off my space oo |
Just asking. If it was Sallah will he have cancelled it on the guise of insecurity. We know better oga governor. Pray for the state indeed |
Doyin2:Your hundred level result clearly gives a direction of how your final year result will look like. If you gather plenty carry over in hundred level like APC. Chances are that you will have extra year and come out with 3rd class. We cannot risk another 4 years of this disaster |
I have made a proposal APC does 4 years PDP does 4 years. No more no less. We rotate it till they are ready to lead. |
If between 1999 to 2007, you blamed Olusegun Obasanjo for fuel scarcity. Between 2007 to 2010 you blamed Umar Musa Yar'adua and Ridwanu Lukman. Between 2010 to 2015 you blamed Goodluck Jonathan and Alison Diezani Maduekwe despite our refusal to allow that government remove fuel subsidy. But, between 2015 to date, you blame Oil Marketers and some cabals for fuel scarcity despite payment of about 512 billion Naira for subsidy in December 2015 and increasing fuel price to 145 from 87 naira in April 2016...... I have just ordered for a very big ram for your renaming ceremony. Hypocrisy is the new name not APC |
GameGod:Why the ventilations and vituperation so What has Trump said that is not true. How many Americans have set their foot in Nigeria and refuse to go back or fighting for Nigerian passport. Ask any Nigerian countries he would like to go to. He tells you USA, Canada or UK. Their fathers took time to build their country while we play regional and tribal cards back home. I know over 15 persons and families that have left for those countries never to return. 4 are medical doctors. I am currently in UK. Friends are asking me what are you going back to do. Your insult on Trump is immature or premeditated or perhaps wear religious binoculars |
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Jethrolite:This one is historical mistake. It's pardonable but unforgettable |
madridguy:Bros this one weak you. The thing no funny ooo. |
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Nobody who supported Buhari should complain. Una never chin chon chi |
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Saw this. And it's final
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See what I saw
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The game has started |
The signs were there that Buhari will be a disaster but we ignored it
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Abagworo:Your elementary economics is shallow. Why not you and sarrki take the humble pie and tell your man that oil industry needs the best of experts. He should resign as minister. He is totally clueless of what is going on there.... Nigeria is enough problem already |
Lalasticlala Seun hunt for your share of the budget for social media mining oo |
sapientia:The same office of NSA has a budget of 1.4 billionssss for fumigation and 2.21 billion for social media and someone DARES to criticize Dasuki? |
guru03:Talk about accountability by those guys. Them and Bureau of Statistics...Yemi Kale and co |
This one weak me
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