₦airaland Forum

They finally get to retire the Alpha Jets .
Some very funny comments here .
The deal for all these platforms was concluded last year . We are simply awaiting deliveries .

The days of middlemen in military acquisitions are long gone , if you doubt ask Chief Arthur Eze.

I'm really not surprised, he insulted Victor Ikpeba same way some years back .

See how low we have fallen after AFCON .
The players are not the problem .
Never employ a Local Coach ! Dem.no sabi
Gernot Rohr - 3rd Place in AFCON, qualification for WC with games in hand

Peseiro - AFCON final

Eguaveon - 2nd round exit in AFCON

Finidi - 1 point in 2 WCQ matches

Is this a coincidence or are the worst of our foreign coaches better than the available local coaches?

See how low we have fallen after AFCON . Never employ a Local Coach ! Dem.no sabin

COBRA !!!!

After 12 brutal rounds, during which Fury was sent to the canvas by his Ukrainian opponent, the judges decided Usyk had got the better of the Brit by split decision
More to come

Mad people ! The British Royal family shouldn't exist in this time and age ,bunch of elitist ,over privileged bastards!

Our highest Imports are :
1.Petroleum Products: Despite being an oil-producing country, Nigeria still imports petroleum products due to limited refining capacity.
2. Vehicles and Automotive Parts:
3. Iron and Steel Products:
4. Food Products:
5. Chemicals and Pharmaceuticals:
5 Textiles and Clothing:

We've reached a critical juncture where we recognize that our destiny lies within our control. It's time to approach production as if our livelihoods hinge on it. Let's tackle one industry at a time, beginning with steel. By boosting our steel production, we can eliminate the need for importing steel altogether

If the refineries fulfill their promise to resume operations, we can expect a significant reduction in the demand for dollars required for imports

We used to have a very large textile industry in the North and Lagos , lets revive them , We need to begin to look inwards .

Must we build houses with 100% concrete when there is mud ?
Must we deck our houses with iron rods when Bamboo can suit just fine?
if we line up the proposed coastal Highway with wind turbines we can add some megawatts to our National Gird .
why cant we support Innoson and Proforce to assembly cheap cars . Russia did it their Lada's .

we can start from there .

Nice One ! I haven't had the chance to explore the South East as much as I'd like to. Besides the South South region, my visit to Enugu was a unique experience. Enugu is truly a delightful city, and Milliken Road is a standout highlight.

https://www.youtube.com/watch?v=4kXIZfiqjZE?si=G36AhNVoO6DXemCx


https://www.youtube.com/watch?v=9uR7QTSr2-s?si=BQtXxDGSi9I6t4AR

The video is an old one joor

If we line up wind turbines along the entire stretch of the coastal road, we can generate additional megawatts for the national grid.
Lagos Ibadan expressway is gradually closing up with so many companies, soon you won't see any vacant on that entire stretch. Same can happen on this road when completed .
...but some people just love to focus on the negatives that they loose sight of the positives.

Op you are misleading people . This is is the JF-17 - block ii . The F7's were bought by Obasanjo a long time ago .

If they put him in male cells , he will be raped , if they put him in the female cells , they will rape him .
Both ways he is still a risky Bob

Justice Abimbola Awogboro of the Federal High Court, Lagos, in her sentence, said the judgment will serve as a deterrent to others who are fond of abusing and mutilating the naira.
Controversial cross-dresser Idris Olanrewaju Okuneye popularly known as Bobrisky has been sentenced to six months imprisonment without any option fine for abusing the Nigeria currency – naira.
Justice Abimbola Awogboro of the Federal High Court, Lagos, in her sentence, said the judgment will serve as a deterrent to others who are fond of abusing and mutilating the naira.

More to follow…

Source :Channels

[quote author=AustineE1 post=129291064]With all these fantastic qualifications,look at the kind of low grade appointment they gave him,he deserve far better than this...anyway,since he accepted and they are privileged to have him on board,congrats.[i think you should come and make him the Commander in Chief...idiot !]

The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which it sold for a few weeks ago, to around N1,350/litre in some locations across the country following the sale of the commodity by the Dangote Petroleum Refinery.

It was gathered on Tuesday that the $20bn worth refinery started pumping out diesel to the domestic market last Wednesday.

It sold a minimum of one million litres to each registered oil marketer that got the product from the plant since it commenced diesel sale.

Officials of the multi-billion dollar plant and oil dealers confirmed that the product was dispensed to marketers at between N1,225/litre and N1,300/litre depending on the volume of purchase.

This came as it was also gathered that the refinery would start releasing Premium Motor Spirit to the domestic market in May this year.

“They started pumping out diesel to marketers since last week. They also promised to sell aviation fuel soon. Some of my members confirmed this to me after making the purchase,” the National President, Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, told one of our correspondents.

He added, “So some of our marketers have started getting the product, but as an association we have not got the product yet, because we want to get the actual rate that it will be sold to us when we buy in bulk. However, they have started selling diesel because some of our marketers have started buying.

N1,225/litre

“They are selling at N1,225/litre and the minimum volume they are giving is one million litres per marketer. Also, they assured us that they will release more products, but for now this (diesel) is what they are starting with. So we are expecting them to release PMS anytime from now.”

Maigandi said the move by Dangote would definitely lead to a crash in diesel price, as the commodity rose to a high of about N1,700/litre recently.

“The price of diesel is going to fall because of the release of products from Dangote refinery. In fact, it is already coming down in Lagos,” Maigandi stated.

Another oil marketer, who is the Chief Executive, AF Ralph Oil and Gas Ventures, Dr Ralph Arokoyo, confirmed that the refinery had started the sale of diesel to dealers, adding that the plant started dispensing the product last Wednesday.

Asked if Dangote refinery had started supplying diesel to the market, Arokoyo replied, “Yes they have started. They started diesel sales last Wednesday and they have sold to many marketers including members of IPMAN and MEMAN (Major Energy Marketers Association of Nigeria), as well as other private registered independent dealers.”

Price drops

When also asked about the minimum volume being sold to dealers and at what rate, Arokoyo said, “One million litres is the minimum and the rate is okay considering what other major tank farms are selling, which is why people are trooping to the refinery now.

“The price ranges between N1,250/litre and N1,300/litre depending on the volume you are buying. This is good news for Nigerians because in the last few weeks the price of diesel hovered between N1,600 and N1,700/litre.

“But in many locations across the federation, the prices are beginning to drop due to the emergence of products from that refinery and as the products are being dispatched since last Wednesday. Now you can get AGO (diesel) in some stations at N1,400/litre.

“Some are even doing N1,350/litre now and I want to believe that in a couple of weeks to come, we should see more reduction in the price of the product as more products from the plant hit the market and spread very well across the country.”

On whether the company informed dealers when it would start releasing petrol into the market, Arokoyo replied in the affirmative.

“They (Dangote refinery) said it (petrol) will be available between now and May, which is next month. We are optimistic about this, because PMS is largely used by Nigerians,” the oil marketer stated.

A senior official at Dangote refinery confirmed the sale of diesel to marketers, as the source noted that Premium Motor Spirit, popularly called petrol, would soon be released to the market.

“The product (diesel) is everywhere and they (marketers) are accessing it with ease. The product has been on sale to marketers since last week and the transactions have been better.

“The price of the product in various locations of the country will come down, and it is already coming down in many parts of Lagos since we started releasing products to marketers,” the official, who spoke on condition of anonymity due to lack of authorisation to speak on the matter, stated.

The Dangote refinery has faced a series of hurdles as it strives to release refined products into the market after it was officially inaugurated by former President Muhammadu Buhari in May last year.

Recall that on February 8, 2024, The PUNCH reported that indications emerged that lingering regulatory approvals stalled Dangote Petrochemical Refinery’s plan to release aviation fuel (Jet A1) and diesel for sale in the Nigerian market in January.

The report had stated that weeks after the January 31 timeline set by the management of Africa’s largest refinery to begin sale of its petroleum product in the local market, the refinery was still battling to cross the hurdles of the several layers of regulatory approvals.

It stated that the development came after the refinery began the production of refined petroleum products at the expansive facility.

On January 12, 2024, Dangote refinery announced that it had commenced the production of Automotive Gas Oil, popularly called diesel, and aviation fuel or JetA1.

Aliko Dangote, in a statement issued by his firm at the time, thanked President Bola Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of the project.
Dangote also thanked the Nigerian National Petroleum Company Limited, Nigerian Upstream Petroleum Regulatory Commission, NMDPRA and Nigerians for their support and belief in the historic project, as he revealed that the facility would pump out diesel and aviation fuel in January, subject to regulatory approvals.

He said, “We thank President Bola Tinubu for his support and for making our dream come true. This production, as witnessed today, would not have been possible without his visionary leadership and prompt attention to details.

“His intervention at various stages cleared all impediments thereby accelerating the actualisation of the project. We also thank the NNPC, NUPRC and NMDPRA for their support. These organisations have been our dependable partners in this historic journey.

“We also thank Nigerians for their belief and support in this project. We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals.”

The refinery, Africa’s largest with a nameplate capacity of 650,000 barrels per day, was built on a peninsula on the outskirts of the commercial capital Lagos.


Nigeria has for years relied on expensive imports for nearly all the fuel it consumes but the $20bn refinery is set to turn it into a net exporter of fuel to other West African countries, in a huge potential shift of power and profit dynamics in the industry.

Dangote exports products

The commencement of diesel sale in Nigeria by the plant is not actually its first refined products sale, as The PUNCH reported in February that the refinery issued tenders to sell two fuel cargoes for export.

This was actually the first from the new refinery, as the report stated that this was confirmed by trading sources with knowledge of the matter who spoke to Reuters at the time.

Nigeria has for years relied on expensive imports for nearly all the fuel it consumes but the $20bn refinery is set to turn it into a net exporter of fuel to other West African countries, in a huge potential shift of power and profit dynamics in the industry

Reuters had stated in its report that Dangote declined its request for comment. The oil firm also remained mute to several enquiries by The PUNCH at the time.

The report stated that the first cargo was 65,000 metric tonnes of low-sulphur straight run fuel oil, which Dangote awarded to Trafigura, which was due to load at the end of February, three of the sources said, according to Reuters, as it added that Trafigura declined to comment at the time.

At least one refiner said they had been offered the cargo by Trafigura without elaborating further.

The second tender was for about 60,000 tonnes of naphtha, three other sources had stated. Two of them added that the tender closed on February 15. Loading details were not immediately available at the time.

Sources had also told Reuters that the refinery was preparing to deliver its first fuel cargoes to the domestic market within weeks.

The two fuels on offer were typical products of running light sweet crude through a crude distillation unit in a refinery without further upgrading capacity.

The refiner began buying crude in December last year and Nigerian National Petroleum Company Limited has been the main supplier.

Dangote has also purchased some US oil and reportedly received two million barrels of US WTI Midland in early March, according to LSEG and Kpler ship tracking

ile, the National Vice Chairman of IPMAN, Hammed Fashola, also confirmed that Dangote refinery had commenced the sale of diesel to marketers.

However, Fashola said IPMAN had yet to start receiving diesel from the private oil refining company.

“Yes, it is correct (that Dangote has started selling diesel), but not yet to IPMAN. Some marketers are already getting allocation, we are still waiting for our own. We’ve put in our request, and I am very sure that at the appropriate time, they will call us,” Fashola stated.

On the current price of diesel, he said, “In filling stations now, diesel ranges from N1450, N1500 to N1600, depending on the location”.

Fashola noted that Dangote’s diesel would have a positive effect on the price of the product, saying “at least there would be a difference from the imported one”.

While saying there was no financial commitments made yet, he expressed confidence that the independent marketers would fuel from Dangote this month.

“No financial commitments made yet, but we’ve put in our papers to make known our intentions and our requests. When they issue allocation, then we can talk of financial commitments,” he stated.
Meanwhile, a diesel distributor in Ogbomoso, Oyo State, Kayode Lawal, said the pump price of diesel is now between N1420 and N1500 as of Tuesday.

Also, an attendant in Badagry Lagos State, Bose Opeyemi, told our correspondent that the product now sells at the rate of N1,395 in some parts of Badagry, Lagos State, while some sell at N1,450.

In Abeokuta, the Ogun State capital, Saheed Babalola, who is a quarry agent, also said he got a litre of AGO at the rate of N1,45O
Credit: PUNCH Newspapers

Egusi is not an igbo soup neither is it Yoruba
No tribe can lay claim to Egusi soup

JOSEPH KABILA , GEORGE WEAH , FAURE GNASSIGBE : ALL YOUNG PRESIDENTS , WHAT DID THEY ACHEIVE? WILL THIS ONE BE AN EXCEPTION ? WE WILL SEE .

You stay up for an entertaining fight and then you get this early result.
Brutal knockout from AJ . Even Fury was impressed !
The landscape of Boxing is ruined.
Tyson fury got Bamboozled by Ngannou on his debut.
Deontay Wilder got destroyed on his return match
and forgotten AJ has destroyed Ngannou.

The whole landscape is confusing.

Tom Saintfeit

Pls i have a similar issue , I purchased a Hisense TV from them ,the device suddenly developed some screen issues . I contacted them and they are referring me to their service station at Apapa .

I live in Egbeda Axis . How do they expect me to take it to Apapa?

Super Eagles should chin up . They gave their utmost best .

With our pre tournament form and injuries to players, No one gave them a chance to get this far.

World cup qualifiers next .

We have not had a single shot on target

Uzoho !!! Ahhhhh

Very Unique Talent .....if special forces train this one ehn...

Pump action, Handguns with 6 rounds magazine ! Ned sef dey fall hand .

If they won't license us to own assault rifles ,they should forget the bill .

Thee headline is misleading na
It's the POWA complex ,the owners want it demolished, probably to build a new one or something.

Any small thing una go turn am to tribal war .

I also know LASG has been trying to relocate Computer VIllage to Abule Egba side for more than 5 years ,but the traders have been frustrating it .

https://www.premiumtimesng.com/news/top-news/655291-police-insist-on-demolition-of-powa-complex-ikeja-give-reasons.html

Dollar, for the first time since September 20, 2023(44 days ago), is selling below N1,000 at the Peer to Peer(P2P) segment of the foreign exchange market. Read more: https://www.legit.ng/business-economy/money/1561763-as-expected-dollar-finally-falls-n1000-cbn-forex-solution-begins-pay-off/

Laycon is saying the absolute truth, leaders just don't fall from the sky , the people eventually become the leaders.

I am Yoruba and voted Obi, I actively participated in LP activities towards the elections ,the level of embezzlement of campaign funds by Labour Party agents and eventual infighting was so disappointing. I will be specific ;Baruwa / Alimosho Labour Party.

He called Naira Marley "She goat with British accent"

kokoA:
I use God beg you my able VP, DO NOT wear that your oversized suit and sneakers.. Na beg I dey beg Sir.

All these men are advanced in age and need extra care with their heels and knees

Who knows , maybe when you get to their age , you will be wearing flip flops

All of you are just a bunch of delusional pessimists ...these are Arabs, just like Jews they don't let much out of the bag , what part of "reinforce ties " is hard to understand.
Almost the entire Emirates cabinet including their president met with BAT and you guys call this a scam ?
Reuters , BBC and bloomberg all reported this ,yet na scam for una eye , the coming days will tell .