₦airaland Forum

jason123: Fashola, GOD FORBID IT IN NIGERIA! You hear me so?! GOD FORBID IT!

So people like Ibori, Tinubu,Orji, Akala, OGD, Timpre sylva, Ohakim etc and co can hold us to ransom abi?! I reject state policing in JESUS NAME! Amen!

afam4eva: Must they produce bags of rice like dangote before you know that they have a product? See MUMU.

LeoMax: All these nonsense you idiots spew out here, can you not relate that Nigeria has triple the number of internet users than Ghana ? It all boils down to shared bandwidth morons, allow same number of users in Ghana to use Nigeria infrastructures and the speed will skyrocket.

Nkonkonsa: Once again Nigerians taking credit were none is due. What is your basis for saying MOST of the internet in Ghana is provided by Nigerians? Are you insane? Why do you assume mainone accounts for most? Is it because it's Nigerian? Any facts to support that assertion? None! Just a mindless arrogrant Nigerian rant if you ask me. Am tired of hearing baseless arguments about how ALL the banks in Ghana our owned by Nigerians, How Nigerians run the Ghanaian economy - when you cannot even run your own.

A couple of Nigerian companies, hardly represents MOST! That Nigerians invest in Ghana is a testament to how Ghanaians have built - on their own, a conducive business environment ion their country - for all - Nigerians, Ghanaians, Lebanese etc.!

stop using one or two successful Nigerians companies in Ghana to stroke your egos. Its getting old! Face it, Ghana is doing something right and you are not! Bad belle!

*Ileke-IdI:
As expected.


So Nigeria provides Ghana's internet service, yet they're still wayyy ahead. Are you not ashamed of yourself for even bringing this up as an excuse explanation?

Kunle-A:
Ghana is surely making its strides. i was surprised when i visited about 2 yrs ago. The cell phone service is great and MUCH CHEAPER than Nigeria. Not to mention RELIABLE!

I haven't visited lately to test their internet services compared to Nigeria (with extensive use from the US as my background) it will be nice to know the difference.

I am certain that i will be impressed. I remember that we go to cybercafe all day everyday to watch Nigerian movies on youtube without any delay. We pay like 1 Ghana Cedi for like 1hr 30mins.

Power is quite much stable too in the Accra area. While it goes off occasionally, WE DID NOT SPEND THE NIGHT IN DARKNESS FOR THE ENTIRE 2 MONTHS I SPENT THERE. If there is power failure, the maximum is 4hrs and by 6.30pm or 7pm its already back

I am not sure of any cybercafe in Nigeria where you can do that without any issues.

Way to go Ghana. Proud of you

werepeLeri: Buhari likes violence - he is blood thirsty - he survives on blood spilled by his supporters and by BH - cant he make a comment without recourse to using the word blood and bloodletting? Tell me.

ochukoccna: For something as Serious as the stock exchange of a country aiming to join the BRICS, Ndidi turns it into an occasion to bask in delusion of grandeur and basking in self glory.
Pity

Beaf: Tam David West is just bitter about not being the foremost Ijaw man. It is really sad that he is letting it bet the better of him with his frequent utterances that have only led his own people to scorn his name.

What sensible person thinks Nigeria's army is up to World standards? I really pity Tam David West.

Beaf: Is Amaechi a murderer?

moderattor: we are finished!
These americans will show us peper!
Steady power supply with enslaving tarrif!
Anyway sha
trust naija
if NEPA too cost we roll out our tiger generators!
Gbagaun!

iKoksi: Chief Godswill Akpabio

gidiMonsta:
i would rather buy a car , i phone 4s, x box-360 and still save money for chicken and beer. 

Observator:
Where are the AUDITOR General Federation and ACCOUNTANT General of the federation in preventing and detecting inappropriate spending? I believe if theses organs are working as designed, corruption in government will be greatly addressed.

Raxxye:
Minimum wage has since been paid in Akwa Ibom, since April,2011, when the law was passed by the NASS. Akwa Ibom pays its staff 13months salary(double salary each december) every year. I suggest u guys get ur facts right b4 posting here.

alarm4:
Guyz , pls check this out,  :-XBoko Haram people don't wear jeans. They wear Kaftan and their trousers are like this (folding his trouser to demonstrate the kind of trousers the Boko Haram members wear). There are people that are claiming to be Boko Haram and they are not because nobody knows who is Boko Haram. So anyone can make the claim. I think that what we have in Boko Haram and other insurgencies is not only Boko Haram.
HOW COME THIS SHAMELESS  KNW ABT THIS, X (Boko Haram people don't wear jeans), NA WA OHHH, maybe na him brothers, i thinks so and he feeds thm,

pasthedutc:
OIL BARRONS SUBSIDY CARTEL NAMES AND FACES AND HOW THEY STOLE NIGERIA FUTURE
Fuel Subsidy Scam: Senate Releases Names Of Cabal.

By SaharaReporters, New York
Oando Oil, CONOIL, African Petroleum and MRS Oil are among the powerful players in the petroleum sector that have shared over N3.655 trillion between 2006 and September 2011 in pursuit of importation of refined petroleum products.

This was revealed today in Abuja by the Nigerian Senate joint Committee on Petroleum (Downstream), Appropriation and Finance.

Senator Magnus Ibe, the chairman of the committee, also disclosed that some 100 companies in the downstream sector and in construction, shared over N1.426 trillion between January and August 2011 alone.

Oando Oil is owned by Wale Tinubu’s Oando; Mike Adenuga owns CONOIL, Femi Otedola owns AP, while MRS Oil is run by Aliko Dangote's brother, Sayyu Dantata. Other key players named today include Pinaccle Construction Ltd, as well as Integrated Oil and Gas, which is owned by a former Minister of the Interior, Capt. Emmanuel Iheanacho.

The full list, and their individual haul, as read out by Senator Abe, is as follows:
1. Oando Nigerian Plc. – N228.506 billion
2. MRS –N224.818 billion
3. Pinnacle Construction-N300 billion
4. Enak Oil & Gas –N19.684 billion
5. CONOIl – N37.960 billion
6. Bovas & Co. Nig. Ltd. – N5.685 billion,
7. Obat N85 billion and AP; N104.5billion.
8. Folawiyo Oil - N113.3 billion
9. 8.IPMAN Investment Limited- N10.9billion
10. ACON - N24.1billion
11. Atio Oil-N64.4billion
12. AMP- N11.4billion
13. Honeywell-N12.2billion
14. Emac Oil- N19.2billion
15. D.Jones Oil-N14.8billion;
16. Capital Oil - N22.4 billion
17. AZ Oil- N18.613billion
18. Eterna oil- N5.57 billion
19. Dozil oil- N3.375 billion
20. Fort oil-N8.582 billion.
21. Integrated Oil and Gas- N30.777 billion

With reference to 2011, the companies named by the Senate and the amount of money they have received this year alone include Otedola's African Petroleum, N104.58 billion; A.A. Rano, N1.14 billion; A.S.B, N3.16 billion; Arcon Plc, N24.116 billion; Aminu Resources, N2.3 billion; Avante Guard, N1.14 billion; Avido, N3.64 billion; Boffas and Company, N3.67 billion; and Brilla Energy, N960.3 million.

Others also listed are: DownStream Energy, N789.648 million; Dosil Oil and Gas, N3.375 billion; Inco Ray, N1.988 billion; Eternal, N5.574 billion; Folawiyo Energy, N113.32 billion; Frado International, N2.63 billion; First Deepwater Oil, N257.396 million; Heden Petrol, N693 million; Honeywell Petrol, N12.2 billion; Integrated oil, N30.777billion; AMP, N11.417 billion; Ascon, N5.271 billion; Channel Oil, N1.308 billion; Fort Oil, N8.582 billion; Enak Oil & Gas, N19.684 billion; IPMAN Investment Limited, N10.9 billion; Atio Oil, N64.4billion; AMP, N11.4billion; and Emac Oil, N19.2billion.

Findings by SaharaReporters correspondent indicate that in 2006, only MRS, TOTAL and OANDO were officially listed as beneficiaries of the fuel subsidy recognised by the Federal Government. The three companies were said to have been listed as “major marketers.”

In the following year, 2007, AP and MOBIL joined the three companies and became listed under the category of majors. The same year NIPCO was introduced and listed under the category of petrol depot owners. A new category of “independents” included some marketers who had no depots.

AITEO Energy Resources and TRIQUEST Energy were also added in 2007, bringing the total to eight beneficiaries of the fuel subsidy.

Our reporters gathered that the list of subsidy beneficiaries increased sharply in 2008, rising to of 23, including six majors. Also in 2008, CONOIL and NIPCO were joined by Capital Oil and Folawiyo Energy, under the category of depot owners.

The list of independents also increased from two in 2007 to 14 in 2008 as AITEO and TRIQUEST were said to have been joined by TONIQUE Oil services, IMAD Oil & Gas, Integrated Oil and Gas, Rahamaniyya, AMG Petro Energy, Brittania, ACORN, A-Z Petroleum, SHIELD Petroleum and MAJOPE Investment Limited.

And in 2010, while the beneficiaries of the subsidy payment under the category of major marketers remained steady at six and the depot owners remained two, the list of independent marketers jumped up to 28, with the curious inclusion of many relatively unknown and unheard-of companies.

Competent sources said that the lion’s percentage of N1.426 trillion fuel subsidy for this year will go to Otedola's AP, Wale Tinubu's OANDO, TOTAL, Sayyu Dantata's MRS and And Mike Adenuga's CONOIL.

Moreti:
I am still shocked on what some Nigerian pple are askin for and wishing for.

My point is, paying corrupt oil thieves (subsidy) is not what we shuld be quarrelling and wanting to be rversed, not at all. A subsidy that cannot be audited and monitored because they all have papers from the ports, and PPPRA pays by dcuments (fake papers gotten through bribes) and even if you take them to court, no evidience becuase they have signed papers from the port.

I assure you all the big boys in NNPC, DPR, PPPRA have fake oil companies which we pay "subsidy"to without bringing in one drop of PMS.

Little wonder the subsidy money keeps increasing every year, becuase more people "eye" dey open, all uneed do is register a company, bribe your way through DPR, NNPC, PPPRA and BOOM you start getting fuel subsidy.

Shuld we be fighting for reversal of payment to oil thieves (subsidy)? This is one good thing that has ever happened in thei country and am still amzed at how Jonathan can do this.

This is a right step and we shuld not be fighting for its reversal, becuae it means we shuld continue paying few already rich corrupt pple that u cannot track, rather we shuld fight for the subsidy to be reversed to the pockets of the masses. Yes we will buy the fuel at whatever market rate, butt he government shuold subsidise by:

1. Increase minimum wage - to buffer the increase in PMS
2. Pay walfare or oil subsidy walfare (something like that)
3. provide alternative transport.
4. and any other thing that will directly benefit the ordinary nigerian not the other way round.

This what we shuld strike for, not to strike for govt to continue paying corrupt money (I wonda y Jona is even insisting not ot reverse, after all they will benefit more)

Another reason we should fight and strike is for their allowances and salaries/benefits to be reveiewed and government spendings, audited and make them accountable. this are beta reasons to fight.

NLC shuld fight for the subsidies to be paid to the masses as listed above and for govt benefits and spendings to be reduced and made accountable and auditable, that is a good fight, not to be fighting that subsidy shld be paid to pple who hav been feeding fat.

Am out.

MAYOWAAK:
Here is the advance copy of another national broadcast slated for 9:00 PM Nigerian time by President Goodluck Jonathan tonight.

Dear Compatriots: 1.     A week ago, I had cause to address Nigerians on the security challenges we are facing in parts of the country, which necessitated the declaration of a state of emergency in 15 Local Government Areas in four states of the Federation. That course of action attracted widespread support and a demonstration of understanding. With that declaration, government had again signaled its intention to combat terrorism with renewed vigour and to assure every Nigerian of safety.

2.    The support that we have received in the fight against terrorism from concerned Nigerians at home and abroad has been remarkable. We believe that it is with such continued support that progress can be made on national issues. Let me express my heartfelt appreciation to everyone who has expressed a commitment to support us as we strive to improve on the country’s security situation, and build a stronger foundation for the future.  The recent mindless acts of violence in Gombe, Potiskum, Jimeta-Yola and Mubi are unfortunate. I urge all Nigerians to eschew bitterness and acrimony and live together in harmony and peace. Wherever there is any threat to public peace, our security agencies will enforce the law, without fear or favour.

3.    This evening, I address you, again, with much concern over an issue that borders on the national economy, the oil industry and national progress.  As part of our efforts to transform the economy and guarantee prosperity for all Nigerians, Government, a few days ago, announced further deregulation of the downstream petroleum sector. The immediate effect of this has been the removal of the subsidy on petrol.

4.    Since the announcement, there have been mixed reactions to the policy. Let me seize this opportunity to assure all Nigerians that I feel the pain that you all feel.  I personally feel pained to see the sharp increase in transport fares and the prices of goods and services. I share the anguish of all persons who had travelled out of their stations, who had to pay more on the return leg of their journeys.

5.    If I were not here to lead the process of national renewal, if I were in your shoes at this moment, I probably would have reacted in the same manner as some of our compatriots, or hold the same critical views about government.  But I need to use this opportunity as your President to address Nigerians on the realities on the ground, and why we chose to act as we did. I know that these are not easy times. But tough choices have to be made to safeguard the economy and our collective survival as a nation.

6.     My fellow Nigerians, the truth is that we are all faced with two basic choices with regard to the management of the downstream petroleum sector: either we deregulate and survive economically, or we continue with a subsidy regime that will continue to undermine our economy and potential for growth, and face serious consequences.

7.    As you all know, the subject of deregulation is not new, we have been grappling with it for more than two decades. Previous administrations tinkered with the pump price of petroleum products, and were unable to effect complete deregulation of the downstream sector. This approach has not worked.  If it did, we would not be here talking about deregulation today. I understand fully well that deregulation is not a magic formula that will address every economic challenge, but it provides a good entry point for transforming the economy, and for ensuring transparency and competitiveness in the oil industry, which is the mainstay of our economy.

8.    As a President, elected and supported by ordinary Nigerians, and the vast majority of our people, I have a duty to bring up policies and programmes that will grow the economy and bring about greater benefits for the people.  Let me assure you that as your President, I have no intention to inflict pain on Nigerians.

9.     The deregulation of the petroleum sector is a necessary step that we had to take. Should we continue to do things the same way, and face more serious economic challenges? Or deregulate, endure the initial discomfort and reap better benefits later? I want to assure every Nigerian that whatever pain you may feel at the moment, will be temporary.

10.    The interest of the ordinary people of this country will always remain topmost in my priorities as a leader. I remain passionately committed to achieving significant and enduring improvements in our economy that will lead to sustained improvement in the lives of our people.

11.    I am determined to leave behind a better Nigeria, which we all can be proud of. To do so, I must make sure that we have the resources and the means to grow our economy to be resilient, and to sustain improved livelihood for our people. We must act in the public interest, no matter how tough, for the pains of today cannot be compared to the benefits of tomorrow.  On assumption of office as President, I swore to an oath to always act in the best interest of the people. I remain faithful to that undertaking.

12.     To save Nigeria, we must all be prepared to make sacrifices.  On the part of Government, we are taking several measures aimed at cutting the size and cost of governance, including on-going and continuous effort to reduce the size of our recurrent expenditure and increase capital spending. In this regard, I have directed that overseas travels by all political office holders, including the President, should be reduced to the barest minimum. The size of delegations on foreign trips will also be drastically reduced; only trips that are absolutely necessary will be approved.

13.    For the year 2012, the basic salaries of all political office holders in the Executive arm of government will be reduced by 25%. Government is also currently reviewing the number of committees, commissions and parastatals with overlapping responsibilities. The Report on this will be submitted shortly and the recommendations will be promptly implemented. In the meantime, all Ministries, Departments and Agencies must reduce their overhead expenses.

14.    We are all greatly concerned about the issue of corruption. The deregulation policy is the strongest measure to tackle this challenge in the downstream sector. In addition, government is taking other steps to further sanitize the oil industry.

15.    To ensure that the funds from petroleum subsidy removal are spent prudently on projects that will build a greater Nigeria, I have established a committee to oversee the implementation of the Subsidy Reinvestment and Empowerment Programme. I sincerely believe that the reinvestment of the petroleum subsidy funds, to ensure improvement in national infrastructure, power supply, transportation, irrigation and agriculture, education, healthcare, and other social services, is in the best interest of our people.

16.    Fellow Nigerians, I know that the removal of the petroleum subsidy imposes an initial burden on our people, especially the rising cost of transportation.  Government will be vigilant and act decisively to curb the excesses of those that want to exploit the current situation for selfish gains.  I plead for the understanding of all Nigerians.  I appeal to our youth not to allow mischief-makers to exploit present circumstances to mislead or incite them to disturb public peace.

17.     To address the immediate challenges that have been identified, I have directed all Ministries, Departments and Agencies of government to embark immediately on all projects, which have been designed to cushion the impact of the subsidy removal in the short, medium and long-term, as outlined in the Subsidy Reinvestment and Empowerment Programme Document.

18.     Tomorrow, 8th January, I will formally launch a robust mass transit intervention programme to bring down the cost of transportation across the country. The programme will be implemented in partnership with state and local governments, labour unions, transport owners, and banking institutions, and supported with the provision of funding at zero interest rate as well as import duty waiver on all needed parts for locally-made mass transit vehicles, which will create additional jobs in the economy.

19.    We will keep these incentives in place for as long as it takes. I want to assure you that Government will not rest until we bring down the cost of transportation for our people.  Let me thank the transporters’ associations that have agreed to reduce transport fares. I have directed the Minister of Labour and Productivity to work with these associations to come up with a sustainable plan to guarantee this within the shortest possible time.

20.     In addition, I have ordered the mobilization of contractors for the full rehabilitation of the Port Harcourt –Maiduguri Railway Line and the completion of the Lagos-Kano Railway Line. I have also directed the immediate commencement of a Public Works programme that will engage the services of about 10, 000 youths in every state of the Federation and the Federal Capital Territory. This will create an additional 370, 000 jobs.

21.    Government has taken these decisions in the best interest of our economy, so that we not only have benefits today, but to ensure that we bequeath even greater benefits to our children and grandchildren.

22.     Let me assure Nigerians that every possible effort will be made to ensure that we march forward, with a collective resolve to build a Nigeria that can generate greater economic growth, create and sustain new jobs, and secure the future of our children.

23.     This Administration will aggressively implement its programme to reposition and strengthen our economy, while paying adequate attention to the immediate needs of our citizens.

24.     I assure you all that we will work towards achieving full domestic refining of petroleum products with the attendant benefits.

25.     As I ask for the full understanding of all Nigerians, I also promise that I will keep my word.

26.    Thank you. May God bless you; and may God bless the Federal Republic of Nigeria.

Goodluck Ebele Jonathan, GCFR
President
Federal Republic of Nigeria
January 7, 2012

EMBARGOED: NOT FOR BROADCAST BEFORE 9.00PM, JANUARY 7, 2012 

http://saharareporters.com/press-release/jonathan-stick-his-guns-give-another-national-broadcast-deregulation-downstream-petrol

efisher:
Many of you are conveniently avoiding all the other points in 12 & 13. You are only focusing on the 25% cut. Let's be sincere, GEJ is doing exactly what most of us have been asking for here on NL. Ignoring those points is just a sign of bitterness on our part.

Beaf:
You are a heartless fool who has been using the blood of the innocent to promote your blog. I hope the govt has eyes on you.