₦airaland Forum

Gboss247:
Whether pressurized or not, NNPCL will buy products at Dangote refinery cheaper than others provided they remain shareholder

it doesnt work like that. Is dangote as a shareholder of Nigeria(a prominent citizen), buy crude cheaper?

anonimi:
Their ogogoro drinking minister said that there is no hardship in our country as he builds roads and fights Fubara with the unrestricted FCT revenue that is exempt from TSA single account.

Meanwhile the reckless tout has failed to employ workers for the provision of pipe borne water to all Abuja residents in this 21st century. How can such a clueless thug be in charge of our federal capital?

By focusing on projects people can see, he believes he is confusing the whole country with performance and good governance. The man will eventually spend all he has amassed from Rivers trying to be a president. Fubara was right to cut him off the money supply pipeline in Rivers state.

I have to admit, humans are resistant to changes in behavioural patterns. To that woman talking about not having moved her car in five months, she should have sold it then and investwd in something that surer and more needed as a result of the present hardship realities. Things like production, energy, food and education. Everyone is hiping for a reversal and holding onto their beloved titles as career men and women thinking the next man will be the one to take up the demeaning job or vocation.

Gboss247:
Are you really expecting NNPCL to buy at the same price with others when they are shareholders?

Shareholders who were pressured by Buhari 's govt to have thoae shares and have come out openly to say, look, having a stake in the refinery doesnt align with their vision.

Hypothetically.

....And it is Tinubu's disastrous own we are all witnessing thats good right?

Nigerians in their induced entitlement state now demand accountability from private individuals instead of public office holders and top civil workers like Kyari of NNPCL.
What happened to state owned refineries? Lets start from there.
Secondly, how much is crude sold to Dangote, below international price?
Thirdly, why is Dangote's direct price to trucks N11 lower than NNPCL's price to trucks from same refinery? Where does the N11 go to?

Esama:
How much is dangote refinery buying crude oil from federal government? Supposed Nigerians asking federal government before they tell us this.more reason I don't like or trust this Tinubu lead government. Accountability becomes gold in Tinubu government. Very proud man a government that believes he didn't own anyone explanation.

They sell to him at intl price but want pwtrol at half of intl price..

Fuel is now N1150 o.

Naijjablog:
pics

none. Lies.

teresafaith:
I grew up in the states, I wasn't bred here.

Maybe those downwards can answer that.

Is street snacks for children alone? That shows you grew up where you are denying because children dominate that industry

zoedew:
What is their productivity like compared to others who earn better wages. Generally speaking an academic is assessed based on teaching, research and service in the workplace.

even police and kidnappers too want pay rise. Isnt that wonderfully great?

Chinjo2:
Because it is only in Nigeria you will see a professor of mechanical engineering taking his car to a road side mechanic that never went to school for minor repairs.

Stop talking like a Nigerian professor of nothing. Engineering revolves around design and technician role revolves around repairs, maintenance, operation. The fact that a HND carries mechanical engineer as well as BSc doesnt make a professor a technician. It is pathetic to expect a professor to try and decipher the designs of other engineers just to satisfy ignoramuses like yourself

The money used to be more than $300 when converted but lack of productivitymeans their salary is now equivalent of $300. They are part of it too. Always teaching theories thats outdated and obsessing after grades. No emphasis on productivity and final results. No emphasis on improving the input before outputing them into the system. They blame whoever is struggling and select one or two of the excellent ones for first class. Who is crying now. A lot of them in ceeative fields go to their graves with their few skills or product ideas.

Lonely n vulnerable Maga = older side chick.
Ride on.

Okay. We would have, we would have... that means these guys have no say in any of the PDP states, or why arent they teasing us with one of the states they control by doing some of those things?

Morbeta11:
https://www.pulse.ng/lifestyle/heres-the-country-with-the-most-worthless-currency-in-the-world/0wywbfw

You don't know what you are saying.

IfnobeGod20:
Obi was 100% right, there are churches today that go to services every single day. We have them around us and on mountain tops. In the early morning that they suppose to be engaging in productivity, they are busy bombarding heaven with rhetoric of their prayers.
Well, my church LFC doesn't do that but that doesn't say I should use it as yardstick because I am not blind to my environment.

At the height of industrial revolution in USA, they attended church everyday. Go and research that.

Americans too go to churches almost everyday but re productive.

Awo did sensible welfares and not hajj jamboree or empty cocoa houses. Cocoa still haspotential to dwaff oil but was neglected and mismanaged like oil.

Ikaeniyan0:
NNPCL is not giving him the fuel, he's buying it from NNPCL, it's not for free. NNPCL is not dictating price to Dangote.

They are giving him at a cost thats redeemable by money and loyalty.

She got you at last. This is what Hamas is doing israel. Russia too did to ukraine.

You have no missiles to shoot. No tunnels to destroy, so play your cards right.

koxyz:
Everything about the refinery is shrouded in secrecy, may God help Nigeria.

Really? It is the NNPC that's behind any secrecy.
Is Dangote cement, spaghetti, sugar, flour, or diesel secret? How come only petrol is?
The NNPCL is the one that gives him crude and they have used that to box him into a corner by forcing him to sell all local market petrol from his refinery to them alone. He is only fulfiling the agreement.
As it is, it is NNPCL thats fixing prices for marketers then approving their trucks for pick up of petrol from the refinery.

In bed with NNPCL is OVH. OVH is largely Tinubu empire and they get a cut for so many of the litres headed for the nigerian market. If they can force cost down and still have a cut per litre, when the marketers buy through them from Dangote, then they satisfy local market, smuggling out into west African market becomes inevitable and that means more earning for whoever is getting a cut per litre of petrol going through the Nigerian market.

The first step in resolving the petrol supply chain cartel curse, is electing leaders with no bias towards the petrol cartel.

Only child?

tj2018:
but oil revenue sharing does not encourage idleness abi... dey play

it encourages it but that is suppose to compensate for lost opportunities the use of their land for petroleum & gas acitivies has brought. Degradation also.

Ngasky:
How is the VAT generated now? It seems you know nothing about tax matters but you want to comment. All VAT generated from all the 774 local governments are always remitted through the headquarters of any company. Now most of the headquarters are located in Lagos alone. So in essence all taxes are from Lagos irrespective of transaction location.
Check your bank account tax remittance it is never from the branch you are operating it is always from The headquarters of your bank. So in essence the consumption/service is only Lagos.
If the government can break every company/ service sector into individual states the issue will not even arise. But realistically it is virtually impossible to do VAT remittance state by state as the resources the company will need will be very huge.
Many people only remember alcohol vice in their thinking. But funny enough the northern leaders are clamouring for the same thing let the remittance be at the location of the transaction or services. So alcohol will not be part of their revenue as they don't have any transaction on that so nil vat

Why arent the other states attracting head offices? That's the big deal here. They dont want to create the environment but want the fruits. I support a law to force VAT remission on a state by state basis for company covering many states with their services but there must be a reqard for whoever brings about the most conducive business atmosphere. Production or industry is not a child's play.

Witchcraft mentality or shortcut mentality. Always wanting to bypass due process.

It isnt o. In a country where some tribes and zones have kept their people uneducTed to keep atracting inflow of funds, English language competency must be ascertained.

Funny enough, food inflation mean opportunity of higher paying business for whoever goes into farming.

LocalFARMERS:
You sound angry.
You are definitely HUNGRY, cause an hungry man is an ANGRY man.


Go find food chop and you will be alright

So na manna dey behind the localFarmers account? Your life is toast.

One thing about higher cost of living is that it chases people from low-paying, saturated vocations and businesses towards higher-paying ones.

Lol. Wizkid might feature him out of pity. But who scammed him?