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Cognitivereason's Posts

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CrimeRe: Rival Cult Clash In Makurdi: Two Dead by Cognitivereason: 9:42pm On Jan 24, 2022
Mko123:
When has south south and east begin to infiltrate the North Central.
North central especially Benue have always been polluted with cultism
CrimeRe: Rival Cult Clash In Makurdi: Two Dead by Cognitivereason: 9:42pm On Jan 24, 2022
Mko123:
When has south south and east begin to infiltrate the North Central.
PoliticsRe: Did You Think A Youth Between Age 35 And 40 Can Become President Of Nigeria? by Cognitivereason: 3:28pm On Jan 24, 2022
Nope
BusinessRe: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Cognitivereason: 3:25pm On Jan 24, 2022
xelly:
Crude oil or PMS?
Crude oil bro...it the cost of crude DAT determine the Cost PMS
BusinessRe: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Cognitivereason: 10:24am On Jan 24, 2022
xelly:
Hope you won't complain when local man sells yam at international price?
Yam doesn't have any political influence like oil..it doesn't have a body comprising several countries to regulate the price..so there is no such thing as international price as opposed to oil
BusinessRe: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Cognitivereason: 8:59am On Jan 24, 2022
MyExpression:
There's only intl price for crude.

No one tells you how to sell the byproducts...not even OPEC.

There's no Landing cost anymore...so Dangote should actually sell for far lesser than N340
No one needs to tell any one how to sell by products...
It obvious that if oil is selling for over $70...buy the time you factor in ur of refining it and taking ur profit margin..fuel should sell for around $1..
Make ur simple research...most if not all African and Asia countries sell fuel for around $1..
Now convert $1 to naira..

If OPEC increases oil price to $100...then fuel should cost $1.2 or so...
OPEC indirectly determines the price of fuel by the determining the price of the raw material (crude)...


Landing cost means the cost of the fuel itself and the cost of transporting it...if NNPC claims to buy fuel for around N340..then transport can't be more than $0.8 for a litre...so we only save a few cents for transportation.. Fuel will still be around $0.8 to $1 in Nigeria once u remove subsidies.. And that is the same price in Ghana, Togo, SA...U mention any country that don't subsidized fuel u will see it around $1..

$1=N414

Last time I checked Governors predicted fuel to sell for above N400...it obvious they were not blabbing but bringing in simple analysis to play
BusinessRe: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Cognitivereason: 8:48am On Jan 24, 2022
Johnrake69:
What kind of analysis is this? And who told you fuel is supposed to sell for #340? Do you have any idea of what makes up the cost?

If we refine fuel ourselves fuel shouldn't sell for more than #165.
Lol...ur getting it all wrong...
The only benefit of refining fuel ourselves is that it get to save us Forex...
It doesn't and can never equate to a cheaper price...Brent oil is selling for above $80 ..if a company buys it..there is a particular cost they add to it (cost of refining) and they add their profit margin...by the time they begin to resell the byproduct.. In this case...Petrol...they should sell it for around $1...
If u check almost every African and Asia countries the cost of a litre of petrol is around $0.9 to $1..for a litre...
Now convert $1 to naira and see the price..
.
The only way fuel can be cheaper if subsidies are removed is for CBN to reverse dollar rate to less than N150 for a dollar..
Or they sell crude to Dangote at a subsidized rate which goes against the whole idea of deregulation and subsidies removal
BusinessRe: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Cognitivereason: 9:16pm On Jan 23, 2022
dominique:
Other than the employment opportunities it brings, there's nothing to be thrilled about this refinery. When cement was still being imported, the price was still manageable. In comes Dangote cement with locally sourced materials, prices of cement has since quadrupled if not more. I'm sure that's how it's going to be when this Dangote refinery becomes operational. That N300/L we don't want to spend on fuel at the moment, we might end up spending more than that as I'm sure government won't spend one Kobo to subsidize his fuel. Dangote enters a market and the prices of the commodity automatically inflates. His fuel won't be an exception
Fuel is supposed to sell for N340 and above per litre if not for subsidies.. Since govt wanna remove subsidies by july...when dangote starts production he will sell fuel for N340 and above depending on oil prices

He is not inflating it as that is the international price
BusinessRe: Dangote’s Wealth Surges By $1.3 Billion In Three Weeks, Nears Senegal’s GDP by Cognitivereason: 11:01am On Jan 23, 2022
CaptainAyub:
Surges courtesy of govt backed monopoly.

His rift with BUA sugar and Ibeto cement are eye openers how dude uses govts in power to maintain monopoly.
Abi when buhari closed land borders and gave only him exemption?
Ifeanyi Uba once accused him of being behind d dollar scarcity cos govt was giving him subsidised dollars to build his refinery abroad.
Dangote never sued for defamation or even threatened to sue cos na true.
Make we hear word abeg
When the borders were closed...Dangote, BUA and FMN were given exemptions..

Secondly he has no rift with BUA group... Some of u don't listen to news to understand..

BUA group opened a sugar refinery in PH city..which is to produce sugar by importing the raw sugar abroad...that idea goes against the Nigeria sugar backward integrated program which BUA is part of...

BUA is supposed to refine raw sugar from within Nigeria not import it which puts pressure on our forex reserve..

Ibeto cement was formed to eventually die..when obasanjo initiated cement backward integrated program.. It basically means before u continue importing cements into the country
.u have made plans to produce locally.. Ibeto never followed the rules and he wanted government to keep supplying him dollars...the company folded up as soon as those who followed the rules opened their plant (Dangote cement and BUA cement)

There is no such thing as subsidised dollar ...CBN gave uninterrupted dollar supplies to Dangote for obvious reasons....he is funding the largest refinery in Africa with the longest pipeline infrastructure in the world, Africa largest petrochemical and fertilizer plant and world largest single distillation column.. All this can save Nigeria forex reserve by over 50% and end our embarrassing activities of petroleum imports...

And you think Government through CBN shouldn't give their utmost support.... Abeg rest...if e easy why didn't otedola, alakija , shell ,chevron, Agip...and all the petroleum giants do it...
PoliticsRe: Samuel Ortom: Herdsmen From Libya, Mali, Others Still Killing Peole In Benue by Cognitivereason: 10:41am On Jan 23, 2022
ubimagos:
Mumu-Kogi has majority Christians, same with Kwara
Kwara is totally Muslim dominated...
Kogi is almost Muslim dominated though with a strong Christian population
PoliticsRe: Samuel Ortom: Herdsmen From Libya, Mali, Others Still Killing Peole In Benue by Cognitivereason: 10:39am On Jan 23, 2022
Month don almost end...if u know u know grin grin
PoliticsRe: Pictures Of President Muhammadu Buhari's Two-Day Working Visit To Kaduna by Cognitivereason: 7:53am On Jan 23, 2022
karzyharsky:
Commissioner should be the one to commission all these....bihari should send commissioner next time
Minister
TravelRe: The City Of Lagos Now Has The Fastest Trains In Africa - Business Insider by Cognitivereason: 11:27pm On Jan 22, 2022
aribisala0:
Obviously some people have no idea how trans work in developed nations

They are not powered by diesel locomotive engines inside the trains like what we use in Nigeria

High speed trains are externally powered by electricity. So there is a supply of high voltage electricity running above the entire train track from start to finish
The trains draw power using a PANTOGRAPH and converts this to mechanical energy
If those same carriages are connected to a diesel locomotive engine they are no longer going to travel at high speed
I wanted to ignore you but... The bolded just pushed me...
Look every carriage in an electric trains have electric motors which are powered by the over head cables which the trains connects to via a pantograph...

Diesel trains also have the same carriages with electric motors..but In this case..the power comes from a generator which is powered by a diesel engine...

In short...they are all electric trains but that of the diesel trains generates it own power ...while the electric trains get their power from the overhead wires...

You can bring an electric train into Nigeria as far as it is connected to a diesel generator which can produce enough power to run the entire motor system to speed..

What is confusing you here is that you think.. .in all diesel passenger train.. The first carriage housing the engines actually pulls the rest of the carriages and that is false....make ur proper research... Modern diesel train carriages have motors and they get power from the diesel generator
EducationMention One Thing You Wished You Knew And Did Before Graduating From School by Cognitivereason(op): 10:58pm On Jan 21, 2022
Greetings to all Nairalanders
So this is a quick and straight forward question to many of our graduates in the house..
With the current situations now not just in Nigeria but around the globe.
Can You mention any thing you know now and you wished you knew back in school before graduating..
Any regrets or wish..

For me I wished I acquired a lot of professional skills (atleast the ones i wanted to) before I stepped into Uni...everything feels choky and resulting to learning other stuff leaving less focus on school has a huge repercussions.. Not to mention the race many schools are in (including mine) to make up for the wasted time due to covid and ASUU...
Share yours..
Mods Front Page pls..
PoliticsRe: Profile Of Abiodun Sylvester Alabi, The New Lagos Police Commissioner (Photos) by Cognitivereason: 6:27pm On Jan 21, 2022
TUTU147:
I [s]love the way north and west make sure that non indigenous police officer never occupied the seat in some of their major cities unlike igboland were all the CPs are from either the north or west.Delta state is behaving like the east too by allowing only north and west to be cp.Some tribe really know how to play politics and I love them for it.Let the east and south south be claiming civilized, when others are positioning their own[/s].
PoliticsRe: Profile Of Abiodun Sylvester Alabi, The New Lagos Police Commissioner (Photos) by Cognitivereason: 6:25pm On Jan 21, 2022
[quote author=TUTU147 post=109568022][s]love the way north and west make sure that non indigenous police officer never occupied the seat in some of their major cities unlike igboland were all the CPs are from either the north or west.Delta state is behaving like the east too by allowing only north and west to be cp.Some tribe really know how to play politics and I love them for it.Let the east and south south be claiming civilized, when others are positioning their own.[[/s]/quote]
Rubbish
PoliticsRe: Profile Of Abiodun Sylvester Alabi, The New Lagos Police Commissioner (Photos) by Cognitivereason: 6:23pm On Jan 21, 2022
Samchelsea:
Great......Just curious to know why the same ethnic tribe is always the commissioner of police in Lagos, which is not obtainable in other states because the Federal govt controls the police force.
The last two commissioner of police in Lagos was from Edo state...during Ambode time
..CP Edgal
PoliticsRe: Expired PVCs : Tinubu Apologises, Says He Meant Voters Cards Should Be Updated by Cognitivereason: 7:56am On Jan 20, 2022
This man get to that seat...his time is upboth physically and mentally
Buhari is 10 times more agile and vocal than him
CrimeRe: Houses Belonging To IPOB/ESN Members Set Ablaze By Nigerian Soldiers (video) by Cognitivereason: 2:28am On Jan 20, 2022
onuman:
The soldiers who did this have to be removed from the armed forces before they cause another civil war, unless the head of the armed forces of Nigeria is also engaged in this type of terrorism and Jihad.

Any other countries in the world, the illegal things recovered would be taken away by the soldiers no burning of houses.
If these Nigeria soldiers are not in Jihad, why would they burn houses?
What kind of stale comment is Dis

If na boko haram house or kidnappers den...will u say this.. U go and browse any kidnappers den or terrorist camp DAT was left the same after it was discovered
CrimeRe: Houses Belonging To IPOB/ESN Members Set Ablaze By Nigerian Soldiers (video) by Cognitivereason: 2:13am On Jan 20, 2022
Sleekfingers:
Why setting it ablaze. I think they should have confiscated the house.
Confiscate criminal hide out?? huh huh
Dem suppose use bulldozer sef
CrimeRe: Houses Belonging To IPOB/ESN Members Set Ablaze By Nigerian Soldiers (video) by Cognitivereason: 2:11am On Jan 20, 2022
Dshocker:
In as much as am not in support of ipobs,i don't understand how and why the Nigeria army is acting this way... Those caught in the north relating to bokoharam,are their houses and properties ever destroyed?... Instead they were pampered and released back to the society.
Stop this childish mentality...
U want to tell me u don't see news of air force bombing boko haram gatherings, camp..etc..

When u see news like DAT...i can bet my two kidneys that ur comment won't be there...
But when IPOB is involved... U get u see comments reaching 10 pages...
Don't forget IPOB is officially a terrorist group.. So news like this shouldn't come as a surprise
Christianity EtcRe: Mummy G.O. Funmilayo Adebayo In Hotel Room In Dubai (Video) by Cognitivereason: 7:42pm On Jan 18, 2022
Like play like play...this woman don blow grin
PoliticsRe: Central Bank Of Nigeria To Spend $8 Billion Defending The Naira In 2022 by Cognitivereason: 1:16pm On Jan 18, 2022
Coolsperm:
The naira is just like local Yoruba musims no value
Thunder fire you grin grin
PoliticsRe: Nnamdi Kanu Trial Adjourned Till January 19, 2022 by Cognitivereason: 11:25am On Jan 18, 2022
Ehn...just tomorrow na...no issue
PoliticsRe: How Nigeria Succeeded In Clipping Twitter's Wings - BBC News by Cognitivereason: 11:10am On Jan 18, 2022
Osiris12:
We’re surviving this buhari administration.one day at a time [b][/b]

Indomie oriental noodles is now 4500/carton

, ur daddy is seriously working grin grin grin
grin grin
PoliticsRe: Joy As Sanity Gradually Returns To Lagos Ports by Cognitivereason: 8:56am On Jan 18, 2022
Great news..

I hope NRC regularly evacuate cargoes from the port.. Once Lekki port comes alive, the railway modernization between Lagos and ibadan , lekki epe express way ,apapa oworonshoki express way and finally Ibadan dry port comes alive... Lagos major problem is solved 100%...and this will be reality in less than a 5 years from now
You just have to give it to this administration.. They really tried in infrastructure especially in Lagos
PoliticsRe: Afenifere, PANDEF, YCE Kick As Osinbajo Says Nothing Can Separate Nigeria by Cognitivereason: 10:55pm On Jan 16, 2022
flokii:
[s]Fvck your equity and justice.. as it stands now, it's all man for himself.[/s]

[b]What good have the Igbos ever rendered Yorubas to deserve our support when all they do is attack our leaders and vote against SW candidate[/b]s.
Don't mix up IPOB with Igbo

The bolded is because you have never elected them to see what dey will render to the north
.
PoliticsRe: Afenifere, PANDEF, YCE Kick As Osinbajo Says Nothing Can Separate Nigeria by Cognitivereason: 9:13pm On Jan 16, 2022
flokii:
Under normal circumstances in PDP.. Fixed!

APC ticket is on lockdown for SW and no jupiter can change that.

The Igbos are not only trying to blackmail Tinubu to drop his life ambition, they are telling him to pick an Igbo candidate for them and use his existing political structure to back that Igbo candidate. Does that show seriousmess on their part? they want to reap where they didn't sow and even have the guts to be telling the man what to do and what not to do.
If the position of presidency should be zoned...it should be zoned non other SE...
That if we all care about equity and justice..

And who says north wants to hold on to power beyond 2023...they know it not possible... Even if Atiku contest under PDP..the north won't vote him over Tinubu..
All of u giving ur self panadol for a non existing headache should rest
PoliticsRe: Afenifere, PANDEF, YCE Kick As Osinbajo Says Nothing Can Separate Nigeria by Cognitivereason: 9:02pm On Jan 16, 2022
flokii:
Yorubas are the thread holding Nigeria together.. the Northerners can't hold on to power like they did under Military regime.

2023 is for SW.. the South West Agenda is real and we are in full support of a Yoruba presidency come 2023.
North is not craving for power beyond 2023..and they don't seem to be fighting for it...ur just giving urself headache.. The next president will be from the south under the support of the north..
..and that seat should go to the SE not SW under normal circumstances
PoliticsRe: Afenifere, PANDEF, YCE Kick As Osinbajo Says Nothing Can Separate Nigeria by Cognitivereason: 8:56pm On Jan 16, 2022
jrusky:
Osibanjo Mr vice president something will and must separate Nigeria sir.

Since almanjiri think they are emperor of Nigeria, sir something will separate Nigeria. It might not happen now but it will one good day because The North must go their way without this peace can't reign last Buhari had came to make every sane Nigeria ready for a breakup because of his wickedness and nepotism.

Only miracle can stop this in the next 10 years from happening with the way the Northern demons are going and las las na dem go suffer hell.
Wake up from ur delusion..if a civil war that ended 3 million lives couldn't do it ..what will.I repeat 3 million Lives wasted couldn't do it,..what will...is it kanu DAT his own is finished already..or the forgotten igboho?
Which way is the north going..election is by to corner.. The north isn't taking it upon their self that they want a northerner in that seat..in short they are very much in support of a southern being there...it is we Southerners that are still in confusion with weather it should be Igbo or Yoruba...
When u mention the word North...know that it encompasses Jukum, tiv ,nupe , idoma , Yoruba, igala, igede, kanuri..and many other tribes not just Hausa Fulani...
PoliticsRe: Twitter Ban: Nigeria Lost N10.72 Trillion - LCCI by Cognitivereason: 5:38pm On Jan 15, 2022
Lol...see lie..
When twitter was previously working ..FG never made a dime from them as they don't pay taxes...all of a sudden over 10trillion gone..
Or u means Nigerians lost it not the government cuz they were never moved financially
Well it news for the gullible
PoliticsRe: Nigeria To Pay More For Petrol Subsidy As Oil Price Hits $85 Per Barrel by Cognitivereason: 7:33pm On Jan 13, 2022
Simplythebest:
So why did we then buy fuel N87 when it was sold 100 dollars and still things were cheaper compared to now. What's the cost beside then we are also paying subsidy and also importing fuel?
Official Dollar rate was N180
Today it is N435

For a product imported abroad how do u expect it to remain the same...
Besides..there is only a fixed amount government can subsidize the product..once it exhide that level..if NNPC can't handle the extra cost to keep the price stable...they pass it on to Nigerians to bear

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