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Demarc001's Posts

Nairaland Forum › Demarc001's Profile › Demarc001's Posts

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Celebrities › Re: I Was Disrespected By Dj Neptune – Solidstar Rants by demarc001: 3:46pm On Dec 30, 2015
Bros shift Go rest jor! Wetin make we com do
Celebrities › Re: I Was Disrespected By Dj Neptune – Solidstar Rants by demarc001: 3:46pm On Dec 30, 2015
Bros shift Go rest jor
Politics › Re: Presidency To Spend N114m On Feeding In 2016 – Document by demarc001: 11:10am On Dec 30, 2015
Na so dem probe Jonathan food too
Nairaland General › Re: Benue Youths Protest Cancellation Of Carnival, Demand Compensation (photos) by demarc001: 11:09am On Dec 30, 2015
I see
Politics › Re: Melaye Tears PDP Constitution At APC Rally by demarc001: 10:16am On Dec 30, 2015
Childish
Politics › Re: Dasuki Released, Re-arrested Again by demarc001: 9:28am On Dec 30, 2015
What's all dis show of shame sef
Politics › Re: 2016 Budget: Buhari To Spend More Than Jonathan On Presidential Villa - Vanguard by demarc001: 8:26am On Dec 30, 2015
E go better
Politics › Re: Ribadu Visits Akande, May Defect To APC by demarc001(op): 10:37pm On Dec 29, 2015
wealth123:
You too na wash for not commenting sensibly.
Yes na you I dey wash!
Politics › Re: Femi Adesina's Sister Dies In Auto Accident by demarc001: 8:07am On Dec 29, 2015
RIP! Some will say its ritual!
Nairaland General › Re: How To Check If Your National ID Card Is Ready For Collection by demarc001: 7:59am On Dec 29, 2015
Wow! Posters above me are all complaining, but I already got mine since July. I first Buhari collect sef! Lol
Romance › Re: Can You Show A Lady Love Like This? by demarc001: 7:57am On Dec 29, 2015
Such things comes from a nurtured heart not by condition
Politics › Re: EFCC Uncovers N1.45 Billion Paid To Musiliu Obanikoro To Rig Elections by demarc001: 7:52am On Dec 29, 2015
Na everybody misappropriated money during election na. Ask Ameachi and Atiku, they know what I mean.
Nairaland General › Re: 10 Stupid Questions Nigerians Ask by demarc001: 7:49am On Dec 29, 2015
Applaner:
we in Niger delta Republic don't ask such questions o.
Try am there, dem stroke you, u go blame your parents wen teach you
Nairaland General › Re: 10 Stupid Questions Nigerians Ask by demarc001: 7:47am On Dec 29, 2015
Ignorance!
Politics › Re: Ekweremadu Is A Man Every Nigerian Politician Should Aim Wrking With-saraki by demarc001: 7:44am On Dec 29, 2015
Ayaf hear u
Politics › Re: Ribadu Visits Akande, May Defect To APC by demarc001(op): 7:34am On Dec 29, 2015
FastShipping:
Ribadu was destined to be one of the movers and shakers in APC today but he was too ambitious and impatient. He actually thought Jonathan wasn't going to lose the election.
"Destined"? Are you his maker or his destiny hijacker ( the forces frustrating his political career)?
Car Talk › Re: Nigeria Automobile Sector To Contribute 4.5% Of 2016 Global Sales by demarc001: 7:24am On Dec 29, 2015
henky6666:
Hit Link To Download
Download Now

Download what? The cars? Mtcheew!
Car Talk › Re: Nigeria Automobile Sector To Contribute 4.5% Of 2016 Global Sales by demarc001: 7:22am On Dec 29, 2015
Anyway, I pray it becomes reality. God save our dear Nigeria!
Politics › Re: PPPRA Template Shows N6.45 Petrol Subsidy Despite Kachikwu’s Claim by demarc001(op): 7:17am On Dec 29, 2015
Talk is cheap!
Politics › Re: Ribadu Visits Akande, May Defect To APC by demarc001(op): 7:12am On Dec 29, 2015
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!
Politics › PPPRA Template Shows N6.45 Petrol Subsidy Despite Kachikwu’s Claim by demarc001(op):
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

Politics › Ribadu Visits Akande, May Defect To APC by demarc001(op): 1:42am On Dec 29, 2015
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.

Ribadu, who contested the 2011 presidential election on the platform of the defunct Action Congress of Nigeria, visited Akande at his residence in Ila-Orangun on Sunday evening and discussed with him for a few hours.

The visit had sparked rumour of the possibility of the defection of the former anti-graft boss to the ruling APC.

A highly-placed source in the APC in Osun State told our correspondent on Sunday that Ribadu visited Akande in company with the National Secretary of the APC, Mai Bala Buni.

The source, who preferred not to be mentioned because he was not authorised to speak for the party, said, “He was there on Sunday. I was told he (Ribadu) and the national secretary of the APC visited Chief Akande together.

“It is difficult to say if he is defecting to our party because I was not there but we won’t ask him not to come if he wants to come.”

The Director of Publicity and Strategy of the Peoples Democratic Party in Osun State, Mr. Diran Odeyemi, when contacted, said he heard that Ribadu visited Akande.

Odeyemi, however, berated the former anti-corruption agency boss for allegedly “going back and forth.”

He said, “I was told he visited Ila-Orangun but is Ila his local government, where he is supposed to announce his defection?

“Ribadu has never proved to be a loyal party man. He joined the PDP from the ACN and he is going back now. He is not somebody to be depended upon when it comes to politics.”

Ribadu was a governorship candidate of the PDP in Adamawa State in the April 11, 2015 election.

After the meeting, Ribadu said he was at Ila-Orangun to reconnect with Akande, who he described as a father and statesman.

“Baba Akande is a very important person to all of us. He is a father in the true sense of the word. From the day I decided to venture into politics, I have benefited from his guidance and wisdom.

“I have not seen Baba in a long time, so I feel this is a good time to come and greet him at home. Of course, I have never been far away from Baba’s fountain of wisdom. Party differences cannot be a reason to abandon old ties,” Ribadu said.

He eulogised Akande, a former Osun State governor, and the people of the community while recalling the overwhelming support and affection he was shown by the people of Osun State during his 2011 presidential bid.

Akande said Ribadu’s visit was not political.

“As an extended member of this community, I said he should come and greet you,” he said.
http://www.punchng.com/ribadu-visits-akande-may-defect-to-apc/

Romance › Re: Men Vs Women. Are These Pictures True? by demarc001: 1:37am On Dec 29, 2015
Simply put, everything about women are complicated
Romance › Re: Guys Wearing One Boxer For Seven Days And Seven Night, Get In And Read Now by demarc001: 10:47pm On Dec 28, 2015
Op, speaking out of experience
Politics › Re: Should Lai Mohammed Be Arrested For Misinforming The Public by demarc001: 10:43pm On Dec 28, 2015
Am coming

Romance › Re: Foods That Are Making Your P Enis Weaker by demarc001: 10:36pm On Dec 28, 2015
So wetin we go com shop na
Romance › Re: How Many Guys Will Do This ? by demarc001: 10:33pm On Dec 28, 2015
Sorry I lost count of how many
Romance › Re: Guys What Would You Do In This Scenario? by demarc001: 10:32pm On Dec 28, 2015
Foolishness at its peak! Na curse?
Poems For Review › Re: A Very Long Night. by demarc001: 11:10pm On Dec 27, 2015
Eiya! Suicide ke!
Food › Re: Can You Eat This Snake Cake? by demarc001: 9:30pm On Dec 27, 2015
No! I will give you! See question, na cake not snake!
Jokes Etc › Re: When Your Pastor Asks You To Hold Your Partner During Church Service. by demarc001: 9:09pm On Dec 25, 2015
Isorite

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