Politics › Re: The 17 Countries With The Worst Quality Of Life In The World. by Bullet01(f): 7:26am On Dec 28, 2020 |
See yéyé giant of Africa in there. SMH |
Celebrities › Re: Simi Gifts 200k To Woman Who Showered Prayers On Her Hubby For Buying Chicken by Bullet01(f): 11:34am On Dec 26, 2020 |
Very kind of her. May we have pleasant surprises in this Yuletide season in Jesus name. |
Phones › Re: How To Link Your NIN With MTN Online (full Steps) by Bullet01(f): 1:28pm On Dec 17, 2020 |
Site not loading. |
Crime › Re: Sacked Driver Connives With Gang To Kidnap Boss’ Wife - Picture by Bullet01(f): 4:06am On Dec 05, 2020 |
Make Una hustle legitimately. Money must be made but be legit |
Car Talk › Re: HELP: Mercedes Benz Remote Control by Bullet01(op): 6:55pm On Nov 24, 2020 |
Thanks guys. I'm not in Lagos but I will see how I can make it happen. |
Car Talk › Re: Mercedes Benz Thread by Bullet01(f): 8:48am On Nov 23, 2020 |
radautoworks: We can but it's so much cheaper/easier to get it from ebay  Thank you |
Car Talk › Re: HELP: Mercedes Benz Remote Control by Bullet01(op): 8:47am On Nov 23, 2020 |
baconline: I doubt that u can program it yourself, if u vuy the newer model fob it will work just fine for your car, your remote is the first model of the so called sucking key ,this is not available in the market as new. But u can buy a second hand and remove the big ic and renew it then program it back to your car, Thanks bro. I can see it's your field and you are talking from experience. Will it work if I get the exact type and program it? |
Car Talk › Re: Mercedes Benz Thread by Bullet01(f): 8:44pm On Nov 22, 2020 |
Any idea on where or who can get this remote for me pls?
Note: I can do the programming. I just need a blank or new remote control key. Thank you
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Car Talk › Re: HELP: Mercedes Benz Remote Control by Bullet01(op): 8:41pm On Nov 22, 2020 |
Thanks brother |
Car Talk › HELP: Mercedes Benz Remote Control by Bullet01(op): 10:44am On Nov 22, 2020 |
I recently got a Mercedes Benz which came with just one electronic remote control key. I plan to get another one for the car just incase this one failed or got damaged.
Any idea on where or who can get this remote for me pls?
Note: I can do the programming. I just need a blank or new remote control key. Thank you
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Car Talk › Re: 2005 Matrix (6 Speed Manual Transmission) by Bullet01(f): 9:55am On Nov 22, 2020 |
Taking the picture from two or more dimensions will help easy identification. |
Education › Re: Kwara Poly Rector , Motest Commissioner In Fresh Corruption Scandal by Bullet01(f): 5:01am On Nov 04, 2020 |
Too bad. |
Autos › Re: Abuja - Clean 2002 Mazda 626 For Sale. Now N850k Negotiable by Bullet01(f): 7:20am On Oct 09, 2020 |
I have 500k and I'm serious. cash ready |
Autos › Re: Honda CR-V 2005 For 790 by Bullet01(f): 7:03am On Oct 09, 2020 |
Abeg go back there and take better pictures from every angle including interior and engine bay. |
Celebrities › Re: Dorathy Bachor Speaks On Health After Being Rushed To Hospital by Bullet01(f): 3:30pm On Oct 06, 2020 |
I think some breast need to be taxed. |
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Crime › Re: She Enjoyed It – Says Man, 45, Caught With Girl, 14 by Bullet01(f): 8:11am On Oct 06, 2020 |
Shameless idiota. |
Autos › Re: I Need People’s Advice On 2005/2006 Vw Golf & 2005/2006 Benz C Class by Bullet01(f): 2:53pm On Oct 04, 2020 |
Those golf s are tempting but I noticed people avoid them like plague.
Golf will deliver better fuel economy than Benz c class anyway. |
Politics › Re: Atiku, Sunday Dare, Saraki, Others Call For SARS Reform by Bullet01(f): 6:51am On Oct 04, 2020 |
What goes around comes around. If you keep mute now your own time is coming and nobody will come to your rescue.
Come to think of it. This madness doesn't happen in the North. Are there no SARS in the North?
##END SARS NOW |
Politics › Re: Femi Fani-Kayode: I Caught My Wife In Bed With A Married Man by Bullet01(f): 8:04pm On Oct 03, 2020 |
Once a hoe will always be a hoe. 2pac |
Politics › Re: Kwara Gov Leads Clearing Of Schools Ahead Resumption by Bullet01(f): 7:50pm On Oct 03, 2020 |
Ilorin state governor. |
Politics › Re: Full Text Of President Buhari's Independence Day Speech. by Bullet01(f): 8:07am On Oct 01, 2020 |
He compared oil prices with the likes of Chad, Ghana, Saudi and others but he forgot to compare minimum wages in those countries with ours. Baba you are not doing well sir.
What a non sense comparison! |
Politics › DSS Director-general, Bichi, Conducts Secret, Uneven Recruitment by Bullet01(op): 8:02pm On Sep 29, 2020 |
Official documents and contributions of senior intelligence officials showed that the North had a massive share of the roughly 1,300 Nigerians currently undergoing cadet training at two different camps of the secret police in Lagos and Bauchi. Yusuf Bichi, Director-General of the Department of State Services, has activated a lopsided hiring process that could overfill the security agency with personnel from the Northern part of Nigeria. According to an online tabloid, Peoples Gazette, official documents and contributions of senior intelligence officials showed that the North had a massive share of the roughly 1,300 Nigerians currently undergoing cadet training at two different camps of the secret police in Lagos and Bauchi. Of the total 628 cadet trainees, who had resumed at the Bauchi facility as of September 23, 535 identified themselves as trainees joining the service from either the North-East or the North-West. Only 93 were from either the South-East, South-South, South-West or North-Central, according to recruitment filings sighted by the newspaper. Findings also showed that at least 71 of those currently undergoing cadet training hailed from Bichi Local Government Area, Kano State, the Director-General’s home local government area. Officials said the number was more but the newspaper could not independently confirm the higher figures as well as a slew of other disturbing allegations of bigotry against Bichi prior to this publication. In Lagos, multiple participants including senior officials, said Bichi disregarded the federal character concept and skewed the process for Nigerians from the North. A top official estimated 708 trainees were at the Lagos training facility as of September 26. Officials were unsure how many people were taken as cadet trainees in total because some were still arriving three weeks into the six-month exercise. Senior intelligence officials said even though the sectional disparity mirrors Nigeria’s reality under President Muhammadu Buhari, they are nonetheless worried that the development could potentially tip the ethnic and religious balance of national security in favour of a section of the country for decades. “Some of us are worried less about the audacity of focusing on one part of the country to bring in new cadets than we are about its long-term implications,” a senior SSS official told the Gazette via a secure video channel last week. “We know he might find it difficult, but the DG would leave a better legacy if he sees himself first as a Nigerian.” In July, the Yellow House sent out a memo to all state and FCT commands, informing them that Bichi had ordered a fresh round of recruitment for the agency’s next generation of intelligence officers. He directed that each state command should conduct a rigorous selection process and forward four successful candidates to the headquarters for possible admission into the service. All commands were said to have complied with the directive, conducted a thorough selection of four candidates and sent the results to the headquarters. But shortly after the candidates were cleared and sent to the headquarters before the July 15 deadline contained in the memo, Bichi seized the moment and initiated a recruitment process of his own. On September 1, Bichi told a few officials at the Yellow House to call people from a prepared list and offer them a role at the SSS. Those, who were called, were immediately asked to go to the Lagos or Bauchi training school, officials said. Starting September 8, cadet candidates reported for training in Lagos and Bauchi, in some cases without the awareness of the director of state security in the state they applied from, documents and officials said. Bichi kept the list of those he had been sending to the training school secret, officials said. It was unclear how many people he intended to recruit but they kept showing up. He also kept the process largely to himself, making it difficult for insiders to access his list or the criteria with which he was selecting cadet candidates. Bichi’s regional recruitment agenda came three years after his predecessor implemented a similar hiring process that failed to reflect Nigeria’s diversity. http://saharareporters.com/2020/09/29/dss-director-general-bichi-conducts-secret-uneven-recruitment-agency-north-getting-535 |
Politics › Re: Governor Akeredolu's Projects And Achievements In Ondo State (photos) by Bullet01(f): 6:21pm On Sep 29, 2020*. Modified: 6:53pm On Sep 29, 2020 |
Even Obaseki couldn't showcase 50% of these. Kudos to Aketi abeg. |
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Politics › Re: Pressure Mounts On Tinubu To Back Osinbajo For 2023 Presidency by Bullet01(f): 6:52am On Sep 28, 2020 |
Yes, only Osinbajo candidacy can save APC from drowning. Any other candidate apart from him will finished the already dead and waiting to be buried party.
Tinubu should stay clear if he doesn't want to embarrass himself. |
Politics › Re: Olusegun Bamgbose: Obaseki May Return To APC Immediately by Bullet01(f): 5:42pm On Sep 21, 2020 |
He will be the biggest on earth ingrate if he try it and this will finished himself politically |
Politics › Re: Uzodimma Rejects Edo Governorship Election Results, Heads To Tribunal by Bullet01(f): 7:00am On Sep 21, 2020 |
Accidental governor. I guess he doesn't know some people earned ban because of him. Eye service. |
Politics › Re: Pls Amaechi Rotimi Where Is He? by Bullet01(f): 7:36pm On Sep 20, 2020 |
Scouting for loan in China. Money must be made first. |
Autos › Re: Boss Auto Deals by Bullet01(f): 10:27am On Sep 18, 2020*. Modified: 11:06am On Sep 18, 2020 |
Where is your number? |
Autos › Re: Boss Auto Deals by Bullet01(f): 6:40am On Sep 17, 2020 |
neurowale001: WE BUY, WE SELL, GOOD CARS Are your cars negotiable? |
Politics › Two Nigeria Refineries Gulp ₦85.9 Billion But Produce No Fuel In 13 Months by Bullet01(op): 8:10am On Sep 06, 2020 |
In 13 months, three refineries in Nigeria cost the country ₦148 billion in expenses, but produced less than 40,000 metric tonnes of crude oil, a June report published by NNPC has shown.
The Nigerian National Petroleum Corporation attributed the operational shortfall to the ongoing rehabilitation of the oil refineries.
The refineries have a combined production capacity of 445,000 barrels per day (bpd).
The Port Harcourt refinery has the capacity of 210,000 bpd, the Kaduna refinery, 10,000 bdp, and the Warri refinery, 125,000 bpd.
But from June 2019 to June this year, the three petrochemical companies could only manage 38,977 metric tonnes of crude production.
This was produced in July 2019 by the Kaduna refinery, which amassed an operating deficit of ₦62 billion in 13 months, according to PREMIUM TIMES’ review of the published details.
With zero production, the Warri and Port Harcourt refineries respectively gulped ₦42.1 billion and ₦43.8 billion from the country’s coffers.
All through, only the Kaduna refinery had its capacity utilised for once. It had an 8.09 per cent capacity utilisation in July 2019. During the remaining months, itself and the other refineries had zero capacity utilisation.
“The declining operational performance is attributable to ongoing revamping of the refineries which is expected to further enhance capacity utilization once completed,” the NNPC wrote in its report.
In June alone, the refineries cost the country ₦10.23 billion in expenses, despite not processing any oil for the month, this newspaper earlier reported.
While only 2.07 per cent of the consolidated capacity of the three refineries was utilised in June, for the 13 months under review, they functioned only at 0.16 per cent of their optimal capacities.
Although the NNPC said this was due to the ongoing repair of the refineries, its audit report published in June — the first in 43 years — showed that the refineries posted a cumulative loss of ₦1.64 trillion from 2014 to 2018.
Both Port Harcourt and Kaduna refineries recorded a combined loss of ₦208.6 billion in 2014; ₦252.8 billion in 2015; ₦290.6 billion in 2016; ₦412 billion in 2017, and ₦475 billion in 2018.
The audit report also showed that a cumulative loss of about ₦412.8 billion was incurred from the operations of the nation’s four refineries in 2017 and 2018.
Critics have called for their privatisation, often countering the logic in the federal government’s avowed commitment to sink more public funds to repair the refineries, which have been left to rot for decades.
Dangote adbanner 728x90_2 (1) Yet, both the state petroleum minister, Timipre Sylva, and the NNPC chief, Mele Kyari, have at different fora spoken about the government’s resolve to rehabilitate the refineries before considering privatisation.
Periodic turnaround maintenance has over the years been carried out to increase capacity, but production remains low and cost, high.
The capacity of the three refineries pales significantly when compared with the nation’s required consumption because Nigeria’s rate of importation is over 80 per cent of its consumption.
PREMIUM TIMES found that the bulk of the losses from the refineries was from the operating costs and administrative expenses accumulated by them despite that some have since been shut down or operating at grossly below installed capacities.
Also, all the refineries spent huge earnings on administrative expenses, which included head office overhead funding, public relations and publicity, staff training expenses, local/international travels and hotels, employee benefits, director’s remuneration, and consultancy fees.
Other factors responsible for the losses incurred, NNPC said, include spillages, explosions, and theft.
“Products theft and vandalism have continued to destroy value and put NNPC at a disadvantaged competitive position. A total of 1,067 vandalised points have been recorded between June 2019 to June 2020,” the NNPC wrote.
Implication
Nigeria has 36.97 billion barrels of proven oil reserves, according to the 2019 Oil Producing Exporting Countries (OPEC) annual statistical bulletin. This is eighth highest among OPEC members, representing a share of 3.1 per cent.
As of March, Nigeria was Africa’s largest oil producer (and sixth in the world), pumping about 1.78 million bpd, sales from which the country earns 90 per cent its foreign exchange, 60 percent of its revenue, and 8 percent of its GDP.
On the downside, however, the country’s non-performing refineries have made it a major importer of oil products, despite its huge production potential.
As a result, upstream oil explorers export the crude product to foreign refiners before importing it back to the country for sale to the downstream players.
While that is an extra strain on the government’s revenue, a report by a watchdog organisation, Stakeholder Democracy Network (SDN), showed that the imported fuels are unsafe and unclean, as they fall far below officially recommended standards and cannot be sold anywhere in Europe.
The report found that fuels refined illegally by vandals in Nigeria’s creeks are ‘cleaner’ than those legally imported from Europe.
Nigeria’s maximum stipulated sulphur content in premium motor spirit (petrol) is 150 per per million (ppm), that of automotive gas oil (diesel) is 50ppm, and that of dual purpose kerosene (DPK) is 150ppm.
On the contrary, SDN found that while illegal diesel refined in the creeks has 1,523ppm on the average, samples of those refined abroad have 2,044ppm sulphur content. This is about 14 times more sulphuric than the limit set as safe.
For petrol, samples collected contain 43 times more than EU fuel sulphur standards, the report said, adding that household kerosene was found to be better.
“Official kerosene was found to be much better quality than unofficial samples, but is generally in short supply. The low quality of unofficial samples indicate artisanal camps face challenges achieving a pure kerosene product,” the SDN report said.
READ ALSO: NIGERIA WILL BE ‘NET EXPORTER’ OF PETROLEUM PRODUCTS BY 2022 — DPR Yet, the officials of the Department of Petroleum Resources (DPR), Standard Organisation of Nigeria (SON), and the Nigerian National Petroleum Corporation (NNPC), have failed to take responsibility to ensure that regulatory rules and procedures are complied with by players in the sector.
To this end, the Global Air Report published by the Health Effects Institute (HEI) said the air quality in Nigeria is one of the worst with more than 114,000 Nigerians dying from air pollution in 2016 alone.
As a way forward, SDN’s senior project officer on environment, Jesse Martin, earlier told PREMIUM TIMES that there is a need to engage artisanal refiners in the bid to hatch out a more effective domestic refining in the country.
Mr Martin said Nigeria’s ministry of petroleum resources and petroleum technology development fund (PTDF) should consider engaging artisanal oil refiners in plans for domestic refining, “given they are often producing fuels with better characteristics than official fuel supplied to Nigeria.” [url] https://www.premiumtimesng.com/news/headlines/411896-two-nigeria-refineries-gulp-%E2%82%A685-9-billion-but-produce-no-fuel-in-13-months.html[/url] |