₦airaland Forum

lithiumnigeria:
When we tried to explain this thing 5 years ago, we were called enemies of progress.
Refining PMS worldwide is a very very low margin business. Refineries normally take like 4-5 Months Forward PMS Off-take Contract so that they can also do forward purchase of crude. It’s a liquidity business.
Somehow, Nigerians were erroneously convinced that it will be cheaper.

As it is, it is obvious that NNPCL is even doing Dangote a favour by being the sole offtaker.
Dangote needs liquidity. Only NNPCL can give him.

The important thing is that we Will hopefully stop the idiotic importation of petroleum products. It's one good step. I hope More Local refineries spring up so we can ban importation totally. We need to tilt that Balance of trade in our favor.

Freetech:
Shameless professionals

The cost of drugs is on the high side because pharmacist refuse to produce drug locally with locally available raw materials.

Most of the drug in Nigeria are of low quality as ll from China and India.

Currency devaluation objective is to reduce and divert economy from import to export.

Manufacturing industry has been effected by the economic slump as well. May & Baker sef jakpa.

masseratti:
Most of all this up there quoting up there are clowns ..am not a fan or wike nor his governor Fubara but in mybowm books all wrongs are not right Wike said some congent things ..but at the same time I think he is not right... governors and Presidents should not be using state resources to be funding political parties.mits very wrong ,also if someone build a structure and elevate you to a position.. unless that person that helped you is doing something criminal to the dictate of the constitution..you have to honor the people or person that helped you there .

Diverting state resources to a godfather is a financial crime.

Guy man go don jakpa....

Zooposki:
The lesson learnt here is that you should never suffer with any man. Hope Nigerian ladies will grow sense. Don’t be like the foolish Anita (RudeBoy’s first wife).

Dont derail your destiny for any man.
Dont be a housewife to any man.
Pursue your career like a man does.

In all you do, pursue money like a man. Be financially free. Don’t pursue any man but pursue money. Men should be ready to forego their careers and take care of any kids they want.

Anita cashed out Big time and benefited lots from psquare success.

Proudlyngwa:

Another day , another Reason to wail

If only people can come together and brainstorm productive ideas.

The negative energy generated from constant complain is overwhelming.

We elected government officials to do the brainstorming And bring solutions. They have the constitutional edge. They should carry the citizens along and ask for ideas as well.

Dr. Juliet .....?. I stopped reading there.

DWickedLandLord:
A woman will not lie about violence that never occurred. Embellish .....yes. But not outright lie just to paint you bad .

There's nothing more annoying on nairaland than when people with no account balance keep talking about IQ n Intelligence

You never see anything. I've seen where a woman threw the First punches at her husband and held him by the collar. He smacked her across the face to free himself and left. Her account of the story till today is that she just returned home and the husband hit her for no reason.

InvertedHammer:
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Let's not forget that the price of crude oil in the international market has been falling and actually hit its lowest level in a year on Friday. So why is the price of PMS increasing in such market scenario? I don't blame NNPCL. They know that they are talking to idiots who believe that education ends with paper certificates.

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Because the naira value has fallen at a faster rate than the crude oil price.

hopexter:
Be positive minded for once. China didn’t get there by having such mindset of yours. It’s something we need to embrace step by step even if it takes years to actualise or don’t you think so?

Our (Chinese and Nigerians)mentalities differ greatly. The Chinese govt actively invests in companies with clear results. The govt is ahead of the citizens and coys technologically. Our politicians are only out to maximize their gains.

I guess it's good news to Agbadorians.....

Lazy9jaYouth:
Op,
You get like 6k there? I want to buy kolanut and schnapps for the gods so we can know the truth of the matter.

Shuoo.... Kola and schnapps Don reach 6k ? The ancestors/gods go dey feel the economic impact be that na.

The inflation wey go hit that country ehn... Still dey do pushups... No be Africa again?

They should optimize the revenue they're generating so far. When a huge chunk of igr doesn't get to govt coffers, then the remainder that gets there is still ravaged by overblown contracts and incomplete projects.... That is the issue.

ZTsambad:
who told u when someone wants to do evil they'll tell u. Some will use kindness to blind fold you until they trap you. After all there's something money can't give but power can and he has been planning it since because his a visionary not like the yeye government we have

Millions of people in Shithole countries have benefited from his benevolence.... He deserves gratitude.

ecolime:
Bill Gates again?

There is something this man is wants to achieve in Nigeria and Africa that we do not know yet.

All I know is it's definitely not something good.

For over twenty years? He's a Billionaire.... If he wanted to attain something sinister, he'd have done that since.

Bandits go just dey laugh 😂

freemanq:
I don't need any big English just reduced the price of fuel

NNPC has already monopolized the purchasing and distribution of fuel from Dangote. It can't be cheap.

iichidodo:
[color=#1986BC] So internal combustion engines will be our mainstay now, no more EVs...[/color]

The exchange rate, for now has made purchasing of EV vehicles prohibitive. Coupled with the inadequate power infrastructure for charging.

yarimo:
This is very commendable from FG and dangote, meanwhile bitter people won't like this wonderful development to Nigeria and Nigerians

Which "bitter" people? . Isn't it the outcry of concerned Nigerians that made them expedite the sale of crude oil to Dangote?

NNPC play us sha..... The same monopoly they were accusing Dangote of attempting is what they wanna do at our local downstream supply.

That's a Kangaroo Charge na..... They should stop wasting tax payers money on such frivolous suits.

I believe that in the water factory (The ones that produce both sachet and bottled) , the sachet and bottled water is from the same source. Storage and preservation matters though, I acknowledge.

Ganduje for Président !!! Since we're All Mad.

Noerection:
only the stubborn Ibos will be affected who can not listen to simple instructions from Simon Ekpa

Who the Fūck is Ekpa to give a whole
Ethnic group such instructions. If not for the incompetence of our security forces, we wouldn't have been hearing such insults.

Sophisticated $hit.

iampeterben:
How are they sure this criminal activities are linked to Nigerians. Why must everything be linked to us? Be careful Interpol. Do your investigations well before clamouring that it's linked to us. Thank you.

They used the term "West Africa" mostly. But they're just being politically correct... Hundreds of bank account have been linked to and frozen in Nigeria. Unless you'll claim that say, Ethiopians are the ones using Nigerian accounts to receive proceeds of fraud - but that will be self deceit.

I no trust our Police Stats. Anyway, why the sudden surge in the Northeast? Is Boko Haram/ Iswap resurfacing?

helinues:
The same government policies are favouring some people. Life is not one straight road

It's favouring the minority. An economy is judged by the standard of living of the majority.

I checked, one of the accounts belong to a state chapter of National union of electricity employees.

BAT on the beat.....

Botragelad:
Just another one. Russia, Germany, France, Netherlands, now Australia stabbing and terrorism within hours. Keep importing garbage and become garbage!

By the way I think the guy who carried out the stabbing in Germany(photo below) has been arrested. He's an asylum seeker from Syria. Name is Issa al H. Arrested in an asylum seeker residence!

I also believe the individual responsible for setting fire to the synagogue in France has also been apprehended. From what I gather, the suspect is of Algerian descent.

Islamabad...