₦airaland Forum

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Salewa97:
This is the kind of commitment we need in our politics.

Sen. Ifeanyi Ubah is showing true leadership by supporting APC in Anambra.

Let others take note, because APC is the party to beat! With such dedication, we are definitely moving forward and making Anambra a stronger state. Let’s keep pushing for progress!

Philipponzaghi:
That's what we call commitment! Sen. Ifeanyi Ubah is showing true leadership by supporting APC in Anambra. Every kobo counts, and this donation will surely bolster our efforts. Let’s keep the momentum going!

trutharena:
N71 million is a serious commitment to the cause! Sen. Ifeanyi Ubah is showing real support for APC in Anambra. This kind of backing will surely energize the party and strengthen our efforts in the state. Let's keep the momentum going!

sIfioksq:
This is how we build the party! Senator Ifeanyi Ubah showing real commitment to the APC in Anambra. It's time for the true supporters to step up and invest in our future. With this kind of dedication, we can achieve greatness together. Let’s keep the momentum going!

Chinkoalhaji34:
This kind of commitment from Sen. Ifeanyi Ubah shows real dedication to the party and our collective progress.

With such strong support, we are definitely on the right track to greatness.

Let’s keep pushing forward together, APC all the way!

Anijay1212:
If what i just read is anything to go by then there is no hope for this country anymore.
But i pray it is not true please.
🙏🙏🙏

I'll join hands with you in this prayer.

We have crude oil, we have refinery, $1 = 1500+.

How does patronizing a foreign refinery abroad make sense over a local one here?

RealLordZeus:
So anyone that has a different opinion than (from) the mumbo jumbo you posted up there is a paid agent.
It speaks volume of the brain that procure (procured) the so called investigation

In about 10 days, the volume of your brain would be confirmed. This was your 'different' opinion when this broke as well 👇

RealLordZeus:
All you posted are false..

It will be cleared in less than 2 weeks, book this post

We know you. We know what you represent.

RealLordZeus:
How can investigation be like beer parlor gists.

To think I actually concentrate to digest the whole thing

Do not despair. Keep hard at your current employment. Many have come before you and many more will come after you.

The first time the Malta news broke, see your likes 👇

Here’s the pattern: Tinubu, through NNPC, will sell Nigeria’s oil to himself at a low price via his company in Malta. He will also explore, extract and export oil using his newly acquired Agip Oil Company, which operates across the Niger Delta states of Ondo, Edo, Delta, Bayelsa, Rivers, Imo, Abia, Akwa Ibom, and Cross River.

Tinubu will then buy back the refined oil from his company in Malta through NNPC and as an oil marketer via one of his companies OVH Energy(Oando) at a higher price and export them back to Nigeria

The refined oil is sold to the Nigerian public at a high price, while the subsidy, although officially removed, is still being paid secretly.

Essentially, Tinubu is paying himself subsidy.

This scheme an extraordinary level of financial exploitation

Even after he leaves office, and Nigeria remains without refinery which he will make sure of, his Oil Monopoly over the country will remain standing. As if that is not enough, the govt will still pay him for subsidy!

He sold Over 2 Billion Dollars worth of petroleum products to Nigeria through the Malta refinery just in 2023 alone, that’s an example of what the future of Nigeria Oil importation will look like.

That’s why he will fight the Dangote refinery with everything he has; if it becomes operational, his multi-trillion-naira oil monopoly enterprise will collapse.

The price of petroleum products like fuel will keeping increasing, while he still pays himself subsidy.

Considering his age, one might wonder what he needs all this money for, other than sheer greed. It's truly disheartening.

https://x.com/AnonXNG/status/1816857777786224828

When I saw the Malta NNPC comment by Dangote, I suspected there was more to it. Our group decided to investigate further.

Our discovery was deeply shocking.

Firstly I will breakdown the whole Oil theft process and how Oil exporting and importing business works here in Nigeria.

NNPC grants importation licenses to a select group of oil companies, which are responsible for importing petroleum products into the country. These companies set the prices for petroleum products, and the media often refer to them as "oil marketers."

We’ve another set responsible for exporting/selling unrefined petroleum products both locally nd internationally. NNPC nd few partner companies plays a major role in this sector, along with high-ranking govt officials, military leaders, & politicians who r involved in oil theft.

To better understand this thread i will briefly explain how oil exportation and importation works in Nigeria.
Please note every point I will list you will need them as reference as we progress, very important

1. Extraction: Oil is extracted from the ground using drilling rigs.

2. Processing: The crude oil is exported(internationally) to refineries where it is processed into refined products

3. Transportation: The processed oil are transported from the refinery to storage tanks, blending facilities, and ports, typically via pipelines or ships.

4. Export: At the port, the oil is loaded onto tankers or other vessels and shipped to Nigeria and other countries

5. Sale: The oil is sold to buyers in Nigeria at a price set by the importer (oil marketer). The government subsidizes a significant portion of the oil price to make it more affordable for citizens, a practice known as fuel subsidy.

Now let’s link the list together

Recently, Oando PLC announced the approval to acquire 100% of Nigerian Agip Oil Company. This effectively means that the Tinubu family now owns Agip Oil, which is part of Eni S.p.A., an Italian multinational oil and gas company.

Agip Oil operates 17 onshore oil blocks and produces 11 million barrels of oil and condensates annually, and it also manages the Bonny natural gas liquefaction plant. One might wonder why such a successful company would divest 100% of such a critical asset.

Observing similar situations, like the case with Dangote, suggests that this sale was not made lightly. Now, these crucial oil fields and plants in Nigeria are under the control of Tinubu through Oando PLC which is Tinubu’s family owned not even NNPC.

Continuing, with their control over substantial oil reserves in the Niger Delta and the ability to explore further through Agip Oil, their next step is refining. Instead of building a refinery in Nigeria, they opted to construct one in Malta.

This move allows them to exploit the country's resources and obscure their activities.

In early 2021, Enemed Co Ltd, the leading fuel supplier in Malta, issued a tender for the leasing of storage tanks and a blending facility at the Ras Hanzir Oil Terminal in Malta.

Ras Hanzir Oil Terminal Limited won the bidding. It is owned and operated by the Tinubu family, with Wale Tinubu, who is also the chairman of Oando PLC, serving as its chairman along with other members of the Tinubu family and their associates.

The company has already established a functioning refinery in Malta, they have now acquired the storage tanks and blending facility oil terminals, which were recently exposed to the public.

After Tinubu was sworn in as president, his first major move was to announce the removal of fuel subsidy, while the government continued to pay in secret, allowing him to increase petroleum product prices. This move was designed to benefit his own monopoly.

With the recent forced acquisition of Agip Oil by Oando PLC, Tinubu as an individual has become the largest oil exporter, explorer, and marketer in the whole country, second only to NNPC.

https://x.com/AnonXNG/status/1816857417721712741

richiemcgold:
Afenifere Renewal Group is not Afenifere

But IPOB is the Igbo race ABI?

Continue.

benuejosh:
The names are igbo names and you want to tell me otherwise?

Anyone is free to make money. Even those who won't go for the protest will be more interested in making their money.

But, please tell us what Ammanie means in Igbo language.

Your time starts now.

porthouse7:
Make igbos try endsars rubbish first and see how markets will go down

Markets would go down because it won't be your first time. Keep exposing your destructive nature o. We need the receipts.

CilicMarin:
The Fear of Oro Is The Beginning Of Wisdom!!!

Will oro keep them indoors or are you thinking outta your arse??

TimeManager:
What's the big deal here?

Nothing really. At least, not for you, boss.

Not with what you represent.

MICHEALADEX:
But when Obi was importing beverages at the detriment of local businesses it didn’t matter because Twas obi

Obi was criticized for importing beverages.
Same Obi was criticized for instituting a beverage plant.

Nugodu Ogwu iba.

Recall that Aliko Dangote, CEO of Dangote Refineries, Nigeria mentioned that a blending plant was setup in Malta and is now actively used to frustrate the efforts to get the local refinery up and running for the Nigerian market.

A revelation by an X user, revealed one of the alleged plants in Malta and the directors. We will watch to see how this unfolds.

https://x.com/chiditweets042/status/1816724378320621976?t=Xto2-Pu984kck_XWu_gCng&s=19

VikingKing:
Please check my profile for the real free stuffs

Medipharm:
But I didn't see where they said there's Oro

Don't mention my dear

naptu2:
The use of the word "dump" is more appropriate in the media (newspapers, TV, radio), than on the senate handle

Including that part made all the difference as the Senate handle is also a media. That'll be all.

naptu2:
The only thing that is different is the use of the word dump ( which is more appropriate in the media), but apart from that it is an announcement, like all the other announcements.

Say what now?

naptu2:
Scroll through the thread. I shared 12 screenshots from the Senate before sharing from the House of Representatives.

Scroll up.

I saw that. They were discussions mostly unlike the House of Reps: that were direct 'defection' posts and no discussions. However, none of them was done in such crass manner. You may want to re-read each of what you shared and cross-reference it with the initial post.

Throwback:
How can something that has happened repeatedly in the past be termed a shocking trend?

Abi you just begin dey use twitter?

No. And I know you can share 'X' links. An easier and effective rebuttal would be sharing the link to where a 'dumping' was announced before, No? 🤷🏾‍♂️

You can review the 'House of Reps' snapshots shared here (not Senate, but okay). It is possible evidence from the Senate doing the same was not obtainable.

naptu2:
It's exactly the same in the House of Representatives..

In a shocking turn of events, the Nigerian Senate, through their official X handle, @NGRSenate, announces the dumping of Labour Party by Ezenwa Onyewuchi, the lawmaker representing Imo-East Senatorial district.

Following a recent trend of unwholesome announcements made from official government handles on twitter, the post reads

"Labour Party Senator Joins APC

Ezenwa Onyewuchi, lawmaker representing Imo-East Senatorial District, has dumped the Labour Party (LP), for the All Progressives Congress (APC)."

This development was greeted with backlash from citizens, over the desecration of official handles under the APC government. Majority labelled it a direct affront on Labour Party, citing that Ifeanyi Ubah, the senator representing Anambra South, defected from the YPP but didn't even get as much as a mention on the same handle.

https://x.com/NGRSenate/status/1816156377565520302?t=fMPjrx9s_lc2OFJdj4LnuA&s=19

Nah so dem propaganda crew dey do.

Miyetti Allah withdraw.
NURTW withdraw.
Nigerians in Diaspora withdraw.
The Akungba Akoko extended family and sons withdraw.

haslaw:
...blah blah blah...

.

This is expected

haslaw:
I have said it before that I am a northerner residing in the north.

You don't reside in Lagos. You don't own a property in Lagos. In your words, you have no stake in Lagos. Then what's the colour of your problem, you troll bot?

Why exactly are you hyperventilating here? I believe you'd be more useful to your paymasters elsewhere than constituting uninvited nuisance here.

ALTERNATEID:
Anyone thinking the planned protest in Nigeria is about the masses is a fool. A very big fool. It is never about you and will never be about you. It’s all about politicians greed and desire for power grab.

The biggest fool of all would be one who thinks it's okay to set about infringing on the rights of others because of the picture they have in their heads.

Don't force it.

The one that really touched me most is NURTW's decision to withdraw from the protest🥲

The voices used in demanding owo mi da would have been very helpful so there is no need to rent speakers.

It's common sense that he should. He isn't the first person to resign under accusations that he undermined/undermines the party.

However, he still remains a valuable human and a voice for the common man.

haslaw:
I am not from Lagos. I am a northerner residing in the north.

But you are first to want to dictate how tax payers and property owners in Lagos should do and not do right? Many are mad indeed but just few of them roam the streets.

haslaw:
Let this be the last time you will call me names or associate me with someone else.

Oh please, shut it! The only reason y'all are getting away with your alternate monikers is because the Nairaland management don't give a f**k. You can only fool the less intelligent.

confusedlady:
The economic protests should start in Aba on August 1st.. ..

Yes. Protest is a civic right. The citizens of Nigeria in Abia State must not be denied if they feel the need to protest.

Way to go!

Shut out the noise. Shut out media propaganda. Clear the backlogs. Create a clean foundation and build from there. All things will work out in your favour and posterity will favour you.

No better PR than the one you get from the common man.

Like Nigerians were hoping on them to lead before