Demarc001's Posts
Nairaland Forum › Demarc001's Profile › Demarc001's Posts
1 2 3 4 5 6 7 8 ... 29 30 31 32 33 34 35 36 37 (of 57 pages)
Bros shift Go rest jor! Wetin make we com do |
Bros shift Go rest jor |
Na so dem probe Jonathan food too |
I see |
Childish |
What's all dis show of shame sef |
E go better |
wealth123:Yes na you I dey wash! |
RIP! Some will say its ritual! |
Wow! Posters above me are all complaining, but I already got mine since July. I first Buhari collect sef! Lol |
Such things comes from a nurtured heart not by condition |
Na everybody misappropriated money during election na. Ask Ameachi and Atiku, they know what I mean. |
Applaner:Try am there, dem stroke you, u go blame your parents wen teach you |
Ignorance! |
Ayaf hear u |
FastShipping:"Destined"? Are you his maker or his destiny hijacker ( the forces frustrating his political career)? |
henky6666:Download what? The cars? Mtcheew! |
Anyway, I pray it becomes reality. God save our dear Nigeria! |
Talk is cheap! |
The same people they tagged "corrupt" and yet they will still welcome them to their party. Everyday PDP spoil naija yet APC keep making friends with them. All na wash! |
The official pricing template for Premium Motor Spirit, otherwise called petrol, by the Petroleum Products Pricing Regulatory Agency on Monday showed that the Federal Government was still subsidising the product by N6.45 per litre. This is despite claims by the Minister of State for Petroleum Resources, Dr.IbeKachikwu, who on Sunday stated that petrol was currently not being subsidised by the government. Although the latest update on the PPPRA template was done on Friday, December 25, it showed that the Expected Open Market Price for petrol was N93.45 per litre as against an official retail pump price of N87 per litre. This indicates that the Federal Government is still subsidising the commodity by N6.45 for every litre consumed across the country. According to the template, the EOMP comprises of the landing cost of N77.96 per litre of the product and the subtotal margins of N15.49 per litre. The landing cost is made up of trader’s margin, N1.47; lightering expenses, N4.07; Nigerian Ports Authority cost, N0.77; financing, N0.51; jetty through put charge, N0.8; storage charge, N3; and commodity plus freight charge, N67.34. For the cost elements that make up the subtotal margins for each litre of petrol, the template showed that retailers cost was N4.6; transporters’, N2.99; dealers’, N1.75; bridging fund, N5.85; marine transport average, N0.15; and administrative charge, N0.15. A combination of all the above figures showed that the EOMP of petrol is N93.45, against a retail pump price of N87 per litre, leaving a subsidy of N6.45 for every litre of PMS. Kachikwu, who doubles as the Group Managing Director of the Nigerian National Petroleum Corporation, had told journalists in Kaduna on Sunday that the government was currently not paying subsidy on petrol. “Today, there is no subsidy; we are selling the product at N87; in January, we will look at what the trend is, we will announce (a new) price if that is less than N87; we will announce it and if it is more than that, we will have to announce it,”the minister had said. Some senior officials of the Petroleum ministry, who spoke on the development, stated that the minister might have made the assertion based on the move to review the PPPRA pricing template. The officials, who did not want to contradict their boss, argued that the new template would show that subsidy had been gradually stopped, stressing that this was as a result of the fall in crude oil prices. “I believe that the GMD has seen the new template and that was why he made that statement, but that does not mean that the current template of the PPPRA should be disregarded because it is the basis for any other pricing mechanism,” one of the officials, who pleaded not to have his name in print, said. www.punchng.com/pppra-template-shows-n6-45-petrol-subsidy-despite-kachikwus-claim/ Cc: lalasticlala
|
A former Chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu, on Sunday held a private meeting with a former Interim Chairman of the All Progressives Congress, Chief Bisi Akande.http://www.punchng.com/ribadu-visits-akande-may-defect-to-apc/
|
Simply put, everything about women are complicated |
Op, speaking out of experience |
Am coming
|
So wetin we go com shop na |
Sorry I lost count of how many |
Foolishness at its peak! Na curse? |
Eiya! Suicide ke! |
No! I will give you! See question, na cake not snake! |
Isorite |
1 2 3 4 5 6 7 8 ... 29 30 31 32 33 34 35 36 37 (of 57 pages)