Edoyad's Posts
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Chri Chri will do for me, but this is really a decision for Anambrarians. |
[quote author=sd-6 link=topic=393214.msg5451762#msg5451762 date=1265354360]Some nairalanders are foolish! Just weeks ago, everyone was dora how she's dissapointed us; how she and aondaaka have manipulated the nation. Then suddenly for whatever reason, she says something that only takes courage to do and the same foo.lish nairalanders are asking if thats her job to do such. I have a hunch that some nigerians dont knw their left or right. Pathetic numbskulls! Corruption apologists![/quote]It takes a big man to remain on the path of humanity. It takes an even bigger man to admit failure and return to the path of humanity. No one is saying she hasn't messed up, what we're saying is she is at least trying to seek redemption unlike her incorrigible peers. |
When people are so used to things being wrong, doing the right thing becomes offensive to them. For all of you saying she should resign There's no question about you being right. But i tell you what she has done is ten times worse than a resignation, she has officially smeared herself in a colour that the Nigerian political system will never again accept. Instead of resigning she should use her last days bringing down as many heads as possible. |
Dede your ignorance is the stuff of legends. Show me a precedent of a country where a president leaves his country for treatment without someone in acting capacity ? Common sense dictates that the man who has sworn to protect the sovereignty adhere to such simple rules. Even the useless state governors we have usually leave somebody in acting capacity when they travel our for not so brief periods. You think 140 million Nigerians are illiterates like the people he governed before becoming president ? I'm happy the docile house of reps has started debating amendment to ensure no fo.ol abuses our laws again. |
Stupid woman, see how her Scandinavian counterpart has sent the world's number one golfer on an indefinite hiatus, she's there yarning and doing dust. |
No he doesn't , and like most supposedly literate hausa people is barely intelligible himself. |
I like that line on arabs not sending their oil money and other aid instead they're talking of sending war assistance . That's how that clown in zamfara is spending 17 million on praying for presidene who is already consuming millions on his treatment. This is a state with just about 20% literacy. Even the governor struggles to make sense in English. |
The Vaswani brothers are Nigerian by birth too, but do you think they understand the tribal differences that constitute Nigeria today ? Let me tell you There's a world of difference between holding a British passport and being of Saxon lineage. If you don't know the origins of these things you'd never understand simple things like racism and xenophobia. You might live in one of those big multi-cultural towns but how comfortable would your neighbours in a small farming town be around you ? Britain has an Aristocratic history, many of the historical noble families are still in existence today with those "ceremonial" titles. I'll stop here since you say you have no interest in such matters, but try reading on some works of, "former MP George Calloway(sic)", though extreme his views still matter. |
Dora, if this story is true, you have redeemed yourself my love. And i would be truly sorry for all the nasty things i said. |
@Elrazur Which brings me to my original answer that the Scandinavian democracies, though flawed in certain areas too, are the best democracies. If you've ever read the works of people like Hobbes and John Locke, you'd know it behoves on the state to protect my freedom because i am part of it as contract. The power of the state(ideally) is there because i agree to it, so the matter of protecting the freedom of speech of an immigrant over my safety doesn't even arise. Now you say that Elizabeth is just a figure head and nothing, but does it occur to you that the King/Queen was not directly or indirectly mandated by the popular majority to be their "ceremonial" head. So it could that a Scotsman resents the fact that a British PM has to ceremonially pay obeisance to an English monarch. But ofcourse you're not really British so such nuances would not be obvious to you. |
If you don't know that the vatican is actually the influence behind some states' resistance to soften abortion laws that your cake. In that same subtle manner the monarchy still influences the state as is evidenced by crap like the commonwealth. You still haven't answered me on the difference between the house of lords where some seats are inherited and the hongkong parliament where some seats are reserved for beijing. |
This man again ! ![]() |
Fuel Subsidy: How FG Burnt N2tr in Four Years •Payments ‘unconstitutional’ as no appropriation is made By Shaka Momodu, 02.02.2010 Add To Favorites Print This Article Post Comment The Federal Government has so far spent over N2 trillion in the payment of subsidy to maintain the regulated price regime on petrol in the last four years, a report has said. And why the bill is borne by the three tiers of government – federal, states and all the councils of the federation – only a few areas enjoy the subsidised price of N65 per litre as most Nigerians buy from the black market despite paying part of the cost of subsidy. This is contained in the executive summary of the findings and recommendations of the Implementation Committee for Reform of the Downstream Petroleum Sector, chaired by the Minister of Finance, Dr. Mansur Muhtar, exclusively obtained by THISDAY. The committee, THISDAY learnt, lamented the current policy of the subsidy, declaring that it had put the country in a huge fiscal and financial burden which had paved the way for abuses, waste and smuggling. The cost of subsidy payments on petroleum products between 2006 and 2008 is put at over N1.2 trillion and over N600 billion in 2009. According to statistics obtained from marketers who made contributions to the findings, the N2 trillion spent on subsidy by the government, if deployed in infrastructural development, could construct 45,000 kilometres of roads, 615,000 blocks of classrooms, two brand new refineries with refining capacity of 300,000 barrels per day and provide 15,000 megawatts of electricity. “You can imagine if that money was channelled to constructing roads, electricity, water, health, education. But sadly, it is channelled to subsidy,” an industry chief executive told THISDAY. The irony of the subsidy is further highlighted in the Murhtar report which states that apart from Lagos, Abuja and Port Harcourt, the pump price of N65 per litre is not available in many parts of the country especially the hinterland despite the subsidy deductions at source from the Federation Account. “Majority of consumers in Mukurdi, Sokoto, Borno, Plateau, Enugu, Owerri and Bayelsa pay between N90 and N120 per litre for a petroleum product that is already subsidised to be sold at N65 but never gets to them at that price. By this alone, huge revenue is lost by the Federal Government in the name of subsidy,” the report said. There are, however, fears that a fully deregulated downstream will immediately hike fuel price to about N140, a situation that may trigger unrest. Subsidy, according to the report, provides an incentive for smuggling petroleum products to neighbouring countries where prices are higher in view of the huge disparity in the prices of refined petroleum products between Nigeria and neighbouring nations. This means government resources, the report said, are being used to subsidise smuggling rather than the consumers, “unfortunately while making it lucrative for smugglers at the same time resulting in product scarcity in the country”. The report also questioned the deductions of the subsidy from source, describing it as “unconstitutional as no local government, state or federal government budgets for subsidy therefore, there is no appropriation for that purpose”. The implementation committee recommended that the only way out of the present petroleum product crisis in the country is the “full deregulation” of the downstream sector. It admitted the sector is beset by a myriad of problems created by structural, systemic and institutional weaknesses as well as policy deficiencies, such as lack of investment in refineries, excessive dependence on imports, supply and demand imbalances leading to shortages, uncompetitive market structure, inefficient pricing structure, rent seeking, budgetary pressure from unsustainable subsidy payment, high distribution and storage costs and smuggling/leakages among others. It declared that the downstream oil sector is mature enough to immediately provide cost efficiency and attract substantial private sector driven capital investment in the short to medium term. The Petroleum Act and the 1st Schedule of the Constitution of the Federal Republic of Nigeria exclusively place all matters relating to petroleum under the ambit of the Federal Government. The success or failure of the downstream oil sector lies in the implementation of the policy of the Federal Government, which from an industry perspective is adequately formulated but lacks consistent and meaningful implementation. The report continued: “Federal Government owns all hydrocarbons in the territory of Nigeria and through the NNPC is the predominant owner and controller of the downstream oil infrastructure i.e. refineries, pipelines and depot facilities. Most of these assets are fraught with problems and are decaying as a result of government/NNPC bureaucracy, inadequate maintenance, frequent shutdowns, pipeline ruptures and vandalisation. “NNPC’s dominance of the sector and an inadequate margin structure for operators over the years has been a major disincentive to much required immediate capital investment from the private sector. Policy measures and institutions put in place to ensure adequate and efficient sourcing and distribution of petroleum products like the unbundling of NNPC, liberalisation of pricing and margins, the Nigeria Gas Plan, the Petroleum Stabilisation Fund, PPPRA and the Petroleum Equalisation fund have either been stalled, undermined or allowed to deteriorate. “Meanwhile, a substantial gap between local availability and demand exists; this leaves the federation completely import dependent without the required supporting import infrastructure. Supply gap exists between demand and supply of products. Nigeria has an installed capacity of 450,000 barrels per day from all its refineries. This capacity is at least 35 per cent less than local demand for PMS. “Capacity utilisation over the last 18 months for PMS production has averaged 10 per cent of local demand leaving the country import dependent. This can only improve with significant investment in the refining infrastructure and cessation of crude pipeline vandalisation.” The committee also observed that refining capacity utilisation in Nigeria is well below acceptable international standards due to structural problems and inefficiencies i.e. long decision making process, operator’s limited authority to incur expenditure, inability to adhere to regular maintenance schedules, etc, “which has engendered the current situation of near total dependence on imported petroleum products whilst the refineries continue to operate at a substantial loss to the country. Massive import supplement required but limited by finite in-bound infrastructural capacity. In the best of time in the last two decades, the refineries only work at 40 per cent installed capacity”. It pointed out that “the ports and existing import receipt facilities were not designed to handle the current level of product import volumes. Resultant effects are expensive distribution costs as well as frequent disruptions in product supply”. The committee accused the Nigerian National Petroleum Corporation (NNPC) of failing in the middle of a privatisation process to make the investments necessary to upgrade the limited import facilities and has been reluctant to partner the private sector to do same. It also classified the corporation as being clearly inefficient particularly in its downstream subsidiaries. The report said: “NNPC’s control over the limited import facilities and its exclusive access to the proceeds of sale of crude earmarked for local consumption gives it the advantage of being the dominant importer (85 per cent) of the nation’s imports, without any effective oversight. “It constantly ignores and frustrates the directives of PPPRA that has the statutory obligation of oversight of pricing and certain operational policies for the products secto |
@Elrazur, you honestly cannot tell me the monarchy does not influence England politically. It would be similar to assuming that the Vatican does not politically influence Italy and countries like Spain with large catholic populations. That being said There's virtually no country where religion doesn't have an effect on the political framework. As for the lords, Beijing can as well say Hongkong's parliament is democratic since "part" of it is actually elected, can't it ? |
I do not accept that statement on England being a great democracy of the world. I think Scandinavian countries offer a much healthier version of democracy than the historically aristocratic England. Besides such symbols like the Monarchy, Church of England and the House of Lords don't seem that much democratic to me. |
Josboylife you're talking like this is a new phenomenon. Didn't some imams one deceive their people into avoiding polio vaccines, a repercussion West Africa is still suffering ? |
Continue deceiving yourself you glorified almajiri nitwit. I've told you before, you can't fool a person schooling you. You've been tolerated up until now but the game is up. No body wants the Niger Delta oil except you parasites, and since your intentions are known you will be burnt in that oil so you badly desire. People who can't do anything for themselves except procreate and bring poorer and stupider into the world, and think you can make others think backwardly like you ? Wait and see events unfold before your eyes. |
Dam.n man ! Zim fcking babwe ! ! Are we even alive ? For real, we just exist but don't really live life. |
When the poor are comfortably so, nobody cares about how rich the greedy are or how greedy the rich are. Read someone say that probably less than 1% of Nigerians earn 200k(Naira) a month, which is like minimum wage in the real world. We're uncomfortably poor. |
John AdulTerry |
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This jarus guy is a smart a$$ social commentator , that's why sokoto govt wanted to victimise him. This story uses personification and innuendos smartly. Typical social satire from an Ife bred . |
This is also a fine juncture to reveal the truth about the "roswell cover up conspiracy". Who knows anything about roswell, new mexico ? |
This jarus guy is a smart a$$ social commentator , that's why sokoto govt wanted to victimise him. This story uses personification and innuendos smartly. Typical social satire from an Ife bred . |
I know one of them would be Mike A and the other has to be the Vs |
@shoot2kill please slap that ijele-igbo for us. God will come down from his comfortable throne in heaven to help you ? Keep kidding yourself. We have to break this country with our fists. |
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