₦airaland Forum

ellahzy:
aww ..motherhood fits her

Jesus died a Virgin, can you beat that?

mrvitalis:
My friend don't say what u don't know..... . Provide evidence... like the fed government has done
... Bank transactions then we will believe that

The Department of Petroleum Resources (DPR), the apex regulator of Nigeria’s oil and gas industry appears to have woken up from its long years of slumber as it has suspended the importation permit of six petrol depots in Lagos and Calabar for selling Premium Motor Spirit (PMS), otherwise called petrol, above the official ex-depot price of N77.66 per litre.

The action was the first time in a decade that the organisation would apply sanctions of such magnitude on erring operators, who allegedly shortchanged Nigerians, especially during the period of crisis.
The agency has over the years demonstrated lack of capacity to regulate the depot owners, who sell products at exorbitant prices to retail outlets and has concentrated efforts in sanctioning the filling stations that sell above official prices, despite the fact that they also buy above the official prices at the depots.

But citing its powers under the Petroleum Control Act of 1967 and the Petroleum Act of 1969 (as amended), the agency in a circular with reference number PI/PAD/25/Vol.1/360 of December 11, 2015, stated that the importation permit of the six depots had been suspended for three months for selling PMS above the stipulated official price of N77.66.
In addition to the suspension, the affected depots will also pay a fine of N10 million each to the regulatory agency.
The agency listed the affected depots to include: Samon Petroleum, Calabar; Fynefield Petroleum, Calabar; Staillonaire Petroleum, Lagos; Folawiyo Petroleum, Lagos; Sahara Petroleum, Lagos; and Capital Oil, Lagos.
According to the agency, Folawiyo was sanctioned for allowing Sahara Petroleum to use its depot to breach the stipulated price.
The level of involvement of Capital Oil was not clear as the company does not import petrol but is only used by the Pipeline Products and Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and other marketers to sell their imported products.

“PPPRA has been advised to revoke the companies’ allocation, while PPMC has been informed not to allocate PMS to the erring depots during their period of suspension,” said the agency.

THISDAY had reported that independent marketers and depot owners have defied the threat by the NNPC to engage the Department of State Services (DSS) and Economic and the Financial Crimes Commission (EFCC) in a renewed effort to arrest diversion of petroleum products by some unscrupulous marketers.

THISDAY gathered that despite the threat, the marketers still divert petrol allocated to them by the PPMC at official ex-depot price of N77.60 and sell to other marketers at between N115.50 and N118 per litre.

Investigation revealed that petrol is sold at these exorbitant prices in some of the depots with NNPC products.
It was learnt that marketers with NNPC tickets buy the product at N77.60 per litre but instead of loading the product to their various filling stations, they hawk the tickets to other marketers, who do not have direct allocation from the corporation.
To check profiteering by retail outlets, the Minister of State for Petroleum, Dr. Ibe Kachikwu had directed DPR to give out to members of the public for free, petrol that is found to be hoarded in any filling station.

OZAOEKPE:
DOES IT NOT BEAT YOU YOU THAT AMAECHI STOLE OVER #50B(RIVERS STATE, AND HIS RAILWAY PROJECT) AND WAS PROCLAIMED A SAINT BY Buhari, AND WAS EVEN NAMED A MINISTER? HYPOCRISY THEY SMELL FOR YOUR BODY........

brainbucks:
Last Days tall tales

OZAOEKPE:
SHARIAH REPORTERS IN CONJUCTION WITH Buhari MAKA WHY??

Emmydek:
How do i believe this?

mofayodeyahoo:
Brother femi fani kayode has change his name before armsgate started, so if any man change is name from fani to oluwani, is now a new creature, na de old man chop de money..... New kayode would not comment he doesn't know anything about it

Impulse80:
because it's a choice?

Harnix:
I just bought this baby(4 days now) and the experience is cool, but its not just my style.
So GIONEE M5 up for sale: 39,000

Baadal:
available

prettythicksme:
Wahoooo baby let ur booty bounce!! she carry back!! *perfect for do**y

MsGlobalwonder:
trust me, being a witch is the new sexy! Byeee

MsGlobalwonder:
haha. For the umpteenth time, my English can't be questioned(at least not someone like you) ; it's impeccable and i'm very proud of it. It's a good way to chicken out I understand. Lool. you can't stand a woman that refuse to be timid and intimidated by your silly idiosyncrasies .kikiki. #ByeFelicia

MsGlobalwonder:
pain ke? I wish I am pained sef, maybe I will take you tad more seriously. You lost any right of civility when u threw your first tantrum questioning my English. Lool. Ahhh, that troublesome part is very relative. I try damn hard to mind my business in here, but i'm just too allergic to stupidity; one way or the other I find myself reacting to silly statements. Not like I care about "people" whatever and whoever that is. Who "people" help? . I'm very single (albeit dating) and not married. nothing missing, nothing broken. I don't know if truly u don't get the point or u're just pretending. The point is simple. No woman should be shamed or pitied because of their choice of either being married or single. It's non of ur business. If u still don't understand, then I can't help you. This also means i'm quoting you, oya bite me

MsGlobalwonder:
no blockhead, I don't have issues with English; albeit it not being my lingua franca, no one in your lineage comes close. You are the disillusioned sexist who feels a woman without a husband should be "pitied" not caring abt the conditions attached. It just cannot make sense to your rather[b]tiny brain [/b] that some women just want to be alone or have boyfriends without commitment, some re divorced and re not ready to try again. Like I said earlier, i'll reiterate again; you are one of the major problems of the world and "womanity". It's because of criticisms from dumbos like you women don't leave abusive situations they find themselves. Pls gerrahahia mehn!

MsGlobalwonder:
pity?? Because they are either single or divorced? You are one of the problems of the world

Eureka123:
Can you replay your comment in your mind three times more? How sensible does it correlate or sound??

Hawlahscho:
Really? so you can use it to delete unwanted system applications,? you can use to purchase paid applications free? you can use it to reduce d CPU functionality whenever d phone sleeps to make the super battery to be wonderfully super? tell me how you're going to use all the functions of SD maid, can you force-install on SD card?
come-on Bro, you cant compare having root access to ordinary phone.

PaulThor:
proud owner of this monster.. thanks guys. you really helped arrive at it... i never regretted it.. the battery is oh my God.. it makes my infinix hot note look weak.. great phone for great value..

Humblesam:
Any Nairalander resident in Kaduna who need this machine,should show interest here and quote me here cuz I have two of this M5 and have decided to let go of one to any lucky pal....,at 35k only. This is what you will get.