₦airaland Forum

chris81964:
1.Saudi Arabia with a population of 26m has 16 functional refineries, to commission another 2 of 400k barrel each per day capacity in 2016

2. The U.S State of California alone has 26, Texas has 19 refineries

3. While Singapore with a population of 5.6million people has 3 refineries with combine refining capacity 1.3m bp/d

4. Nigeria has 3 or 4 (non functional refineries) built in the 70s & early 80s...now obsolete...16 years of oil boom we didn't add even ONE.

5. When you don't invest in our downstream sector, but handed out importation licenses to cronies & acolytes. Today we are paying the price

6. We are paying the price of our past profligacy, irresponsibility in governance and blind leadership.

8. Egbin power plant was valued at $1.2 billion a German electricity company budded but GEJ sold is to Sahara energy at $470m.

9. Sahara had no previous antecedents on power plant aside importation of petrol but we handed them our LARGEST thermal plant..

10. Easier to cry today but whatever problems we see today was created yesterday with the active connivance of all of us...

11. Active connivance in the sense that we all kept quiet & looked away... Our day just dey break?

12. I am not exonerating the FG of blame, but laying the facts as they are... While you have the right to be angry, pls be angry with sense.

13. Change will come but it will not come overnight... A lot of mess was made either out of omission or commission, change will take a while

14. I am laying these facts out and I challenge anybody with contrary facts to bring it.

15. I am doing this because I feel the pain and agony we are going thru and I feel the collective hurt but we must understand why we are here.

16. I pray that the present FG will have the courage and conviction to right so many of the ills of the past. Our future depends on it.

17. May Nigeria be great again & may our collective suffering spur us to a greater sense of true nationhood. Nigeria shall rise again!!!

with all this plenty write up, I challenge you to name anyone i n government who was not in government for the just past 30 years,Im waiting.

9icetoo:
lol. of course it won't apply now. 6digitscomrade should tell us the year. must have been a few years ago.

ofcos,

Taolyn4lif:
It is debatable. Carbon monoxide, carbon dioxide and hydrocarbon emissions are much more in petrol engines. Meanwhile, NOx and particulates emissions are much more in diesel engines.

Im sure you never heard of the VW and Toyota scandals, where VW wrote a program in its Diesel brand ECu to cheat and beat Emission test.

9icetoo:
u bought adulterated diesel most likely mixed with kerosene and fuel since they are cheaper. unscrupulous filling stations pull that stunt regularly to make quick bucks. petrol is 87 naira and kero is 83 naira. if you mix fuel, kero and diesel in a ratio of 1:2:5, you will get a product that you can sell with a margin of almost 50% assuming the price of diesel is 150 naira.
older diesel engines can run on pure vegetable oil. I use some quantity in my car. usually old cooking oil that missus would had thrown away. there is caveat to this stunt. your diesel engine should be o the older common rail technology usually pre 2000. ur fuel lines and tank must be clear of muck. vegetable oil usually cleans up the line and tank and carries this debris into ur injectors. this causes a lot of issues. however 3 to 4 litres of clean used vegetable oil won't harm a diesel engine. these engines can even run on engine oil!.

Plz waht year are we talking about here? petrol sells @ 250 to 300 these days

kazyhm:
just observed this and looking for what traffic law(s) says about it ?

assuming the green on the traffic light beside a several crossing symbol just pop up (ON)
are the passers by suppose to wait or the driver
considering the fact that Nigerian don't even observe it not even our police drivers

Driver is meant to wait for the rd to clear of crossing pedestrians before proceeding.

abdulwastecx:
That is temporary.. We will surely get there. Nigerians need to sacrifice and go through this phase resolutely.

ahaha, check the statement, the leaders are not making no sacrifice, its teh vast majority of well meaning Nigerians that are making these sacrifice and trust me, they don't count.sadly but true.

aresa:
[s][/s]


Yes, we should not stat somewhere or arrest and jail criminals until until we investigate, arrest and jail all of them..

You are not any different from the crooks and criminals you protect and defend with your life...



Same crooked and corrupt mentality.

Oga who don go jail, or got conviction? I have been asking.cant you see these politicians are playing and toying with our future?

aresa:
He said the EFCC is investigate and don't you first have to investigate before finding evidence?

Or in your world they find evidence first before investigation?


Sometimes I wonder about you people and your upside down argument...

No you find the evidence first then investigate the person the evidence points you to.
the evidence in this question stolen money and it points to certain people,these people should be investigated.If no evidence,no need to start an investigation cos there is no base for interrogation garritttt?

greenpasture:
You are entitled to your opinion. As it doesn't detract from the basic premise of my piece I am inclined to say "thank you and you have a great evening now"

I know its my opinion however, we keep hearing that monies where seized, is there any credible source that shows what money was recovered, cos from last i checked,the FG said NADA.

greenpasture:
I would like to set you right. You are right to be concerned about debt. However, Nigeria has one of the lowest debt to GDP ratios in Africa. Debt is not bad. It's the misuse of debt that is the problem. Lets take this step by step.

How will the Chinese loan work?
1. The $2bn Chinese loan is a low digit concessional loan for infrastructure development by Chinese construction and engineering firms. It is basically a guaranty that the contractors will be paid
2. Such payment are tied to clear project milestones so there is nothing like abandoned project or failed project
3. Each of these projects will employ thousands of Nigerians, stimulate economic activity and revitalise the larger economy
4. The Government is securing the payment at the local end to a high-interest Project Bond to be issued to Nigerian investors at attractive interest rates, secured on the cash flow from these projects

What is the alternative to concessionary foreign and domestic borrowing?
The alternative is IMF suite of conditionalities which will include austerity measures; devaluation of the local currency, tightening of money supply and the opening of Nigerian markets to all types of imports. Basically the third slave trade. The first was pre-independence and the second was IBB's IMF-inspired SAP. The result will be closure of factories, high unemployment, possible outbreak of violent protest and the loss of the futures of yet another young generation. These IMF policies have worked nowhere.

What is Nigeria trying to do?
Nigeria is attempting to spend its way out of recession instead of tightening its belt and starving its way out of recession. Nigeria is taking a bet that the massive infusions of cash through construction and youth programs will have people who are youths like you taking up the challenge; using your ingenuity and hard work to create new opportunities. This is what Obama did when he took over from George Bush. America was in a recession/ Its what India and China do regularly.

What does Nigeria need you to measure?
Once the program kicks into gear you are not to measure things like stock market, dollar rate or if your preferred jam or shoes are available in the stores. These are are mainly elitist measurements of success. What you should be measuring ( and what the government will be measuring) is the degree of social change on the masses. Please check out this link for a scientific way to measure and compare NIgeria's performance on the major social indices with other countries. Keep watching these indices over the next three years plus. http://www.socialprogressimperative.org/en/data/spi/countries/NGA

My private thoughts
The Government could have won easy popularity by using your ( it is yours) FX reserves to flood the domestic market with food and petrol. This would have made it very popular in the short term. It had about $16bn it could have thrown at this. It could possibly have continued doing this through the misallocation of seized stolen funds. This would have probably worked for about six months and then we would be in the IMF prison camp. Using this methodology there will be a great deal of pain in the short term as Nigeria moves away from being a consumption economy to a productive economy. From a "big man" economy to a "big society" (inclusive) economy.
Is it certain that this plan will succeed? There are always risks to every plan but I believe that it is madness to continue doing the same thing and expect a different result. From the 50's the Nigerian economy has been predicated on the "big man trickle down to me economy" Very similar to the Republican party in the U.S. Now for the first time the emphasis is on lifting all boats - especially those at the bottom. A new belief that wealth is useless if it does not improve the lives of the most vulnerable persons. It is new. It is risky. It will be painful. We can spend all our time railing at the President but it doesn't change the price of garri. What you and I should be doing is looking for ways to understand where the economy is most likely to pick up and how to position ourselves for this. Leave politicking to politicians.

With respects.

no funds seized, its all hear say, at least you know now,its either there was no funds recovered or non lost in the first place.If indeed they where recovered it means someone else stole it in this govt cos frm what Im seeing, there is no fund.

odikimi:
pls go and read about judgment enforcement. All they need to do is to file garnishee application. by this the court will invite the bank efcc is operating with and will order the bank to pay or the bank will face the consequences

They dnt know.
And this will teach the EFCC a good lesson

aresa:
Re: Exposed: Bukola Saraki Was A Petty Thief As Of 1990 - Photos


https://www.nairaland.com/2412315/exposed-bukola-saraki-petty-thief



^^^^^^This wailer was just defending the same crooked Saraki and bashing the APC in the above thread for Saraki's corruption woes..


Wailers, IpOdS and anti Nigerian support and defend crooks and corrupt people in one breath, then turn around and blame the President and the APC for not fighting the same crooks and criminals the same wailers, IpoDs and anti Nigerian elements are defending with their last breath...



This is why we don't take you jokers seriously. We read through your fake and dubious cries...

Once upon a time was he nt APC

eligibility:
The likes of Otedola and fellow oil cabals are somewhere laughing but there days are numbered. Cabal or no cabal wön òní jèrè......

Oga thus issue only concerns people in govt offices.
It's not illegal to own and offshore account .plenty of us do have them

Jorussia:
The EFCC are already investigating those involved. You know that the EFCC under this administration is not all about arresting and arraigning people, rather, getting very credible evidences against suspects.

Realy? Name one suspect they had credible evidence against?

n3xt:
I go try. Though I've been able to buy time with Maverrick for another 5 weeks with the first tranch of payment.

Nothing spoil. The Lord is ur strength. Mega contract shall locate U IJN

lastpage:
I take God beg you o!

Nor put my name for your list.....l be gentle student, walahi!
Blame it on the heat, biiko'nu



Lastpage!

Lol ok na pencil I take write the name atm.
I'm glad the heat is dying down. We can no reverse back to the very much needed learning curve.
@
brabus
No fall our hand oooi

n3xt:
You remind me.

Back in the primary school days, my dad will write XYZ's property on all my textbooks. As a result my friends do call me Son of Mr Property.

n3xt, NextHome, BrabusNG and Brabus are the official userIDs.

I just dey talk Oo cos Oga at the top fit dish punishment 3 times by default

Fmartin:
Hmm, there ar sabotoirs in dz gvt.

Pipe line vandalism.etc.

The Old govt managed fru same this govt should quit yapping and start working

brabus:
@ agarawu23,

I don't know what to say. Welcome to Hajji's School of Building.

Na so we dey roll for here. as the proprietor don talk, just learn how to do it without getting dirty.

Oga brabus, I don check my list your name appear three times with different name,abeg tell me the real one cos my list is getting ready like the Nigerian Budget

agarawu23:
oga, where you hide your list since 2 days? I find u go house I no see u

I go buy new 400 leaves hard back,
Some strong men here snatch my 60 leaves like ballot box on election day

brabus:
Hajji Mufutau55,

My unreserved apologies to you for the umpteenth time on this thread and so many others for been the subject that causes a total shutdown of the most popular thread on Nairaland properties.

I wish there's something I could do quickly to make this go away. Anyway, as a prodigal son, I'm tendering my note of apology to you and all other users of this thread.

Thank you for your understanding.

your name is on my list as well.

lastpage:
Thanks Maverick, for seeing it my way.
Since l did not have a prior discussion with Brabus on this before making the suggestion, l think it will also be fair to give time to allow Brabus think about it and come to a decision either to accept the offer or reject it, which is within his prerogative.

Do you mind, if l ask you to sheath your sword for now..... while l wait on Brabus to read my post and voice his position on the offer l am making between the two of you?

As for 'elder statesman' ....... No! I just want to be myself. - LASTPAGE!





As for Egunmogaji, he is "who he is".
He can call me sheeple and spineless but l will wager a fifty grand 'openly' here (#50,000, which l am willing to deposit to the account of a reputable Nairalander like Hajji M) that he dare not wear that Camo within a hundred feet of where l stand. I wont give him the benefit of the 'exceptions' though

I will give a street name (specifically in Lagos) and house-number 'range', and give a time-frame of one hour (to be precise), between which l would dare him to come out openly with the Camo on him. I know his face so there wont be any mistake.
I will have a camcorder with me and record what happens so as to serve as a lesson to others that "The Law is the Law.... and no one is above it! If he is "brave" let him accept this wager. Real men dont just mouth-off on Nairaland.

Even Police Force Personnel are banned from wearing it.... except when on 'Joint Operations", how much more a 'nobody' like him!
Obeying the law does not make you a "sheeple or spinesless"! Boasting online is what makes you one!




Ignorance has never been an excuse, where l stand.
We would now know who is spineless and sheeple!
My Wager is on the table




Lastpage!

your name is on my list.

bashydemy:
And you have think change come overnight? Even an insane person taken in for rehabilitation takes a lot of time to healed. Nigeria is seriously sick and needed time bro.

Oh boy this ur English shaa, I hope change no follow

dollyjoy:
oghene me biko,see me,see trouble oo,i dey my own,u quote me,now u say u no get time again?shoi,shebi u look me like person wen care?


egbon iren,stop crying,we are just playing,e never reach to dey raise temper nao

why not just quit the games,you wan stop cos i tel u say lala talk say if u shut up,he go consider u for a one night stand? abeg na lie oo,lalastic no dey do cretins when no sabi anything apart from sucking diccks


but shebi u knw say u be idiott sha?u no see work do na to dey pm person wen reach to born u?na so u dey fucck ur papa for house?? Yeye pikin:Dsee her cat like eye like demon




iranu

Omo na woh harsh hooh

sammydemperor:
Ooo yeh child of Lie Muhammed the Great ... Have you been to Benin city before, cos if only you had, u would have known that this picture wasn't taken anywhere near benin. ..

Commercial motorcycle abi Bike was banned about 3 years ago by the governor... Xo get ur facts right before u try to rubbish my state

and BC sand is red

jpphilips:
Where did it happen?

In Nigeria ofcos where else.that part you won't know

chris81964:
I remember being stranded in the airport for more than 10 hours last year. I remember being on a fuel queue for over 4 hours. I remember radio stations and banks shutting down. I remember MTN shutting down base stations because they did not have diesel.
Thank you for the gentle reminder

Bro these days people's home are shutting down you talking about banks and radio stations.

MSItachi:
what car is this, make i buy am 1100 KM, that means i can go to Kaduna twice from Abuja on one tank, Awesome !

Did you read the link I paste there?

obailala:
In the UK, owners of diesel cars pay less road tax than users of petrol cars and this is because diesel engines are adjudged to have less CO2 emissions.

Yes but the UK govt have changed this I can't remember exact date but they going to increase the tax. DID you hear about the VW scandal?
Herehttp://www.thisismoney.co.uk/money/cars/article-3330102/MPs-call-diesel-scrappage-scheme-changes-car-tax.html

6digitscomrade:
ahahahhahahahahahahhha joke of the change era...u just want to spoil diesel market kpatakpata..engines go just dey knock like kilode...i rmba wen i bought diesel at mile 2 ,2days later my onboard computer started blinking red lights check filter and my car started to swtich off at will ..i was scared just 2weeks in nja...i had to quickly call peugeot service in island and dey asked first question where do u buy diesel sir?they recommended only 3 service stations..and aslo ask me to use treatment ..and immediately to drain d one from d tank..change my filters and wow my car was ok again..abeg oooo nor use ororooo ..lol

Ahah But I was serious right there. Cooking oil is being converted to Biodiesel. I will fetch us the link.

rumaabk:
Honestly there were serious crises during Jonathan administration morethan under Buhari. There were fuel scarcity and total power outage during last administration especially from febuary till the first week of June. Just that we Nigerians forgot so easily.

During GEJ tenure did we every produce 0 megawatts?
U managed to say Jan to 1st wk of June
I presume that must be a local problem if not plz name the area and state .
With PMB the way I'm seeing things.we might struggle untill 2019. It's almost a year now.nothing new to offer same old and in some cases even worse true or false?

onetouch04:
The simple and only solutions:
1. Removal of subsidy
2. Refurbishing our existing refinaries
3. Building of six or more new refinaries for local consuption
4. Banning the sale of products to jerry cans
5. Constitution of a special task force to ensure that products are not diverted and that filling
stations sell at approve love-vendor prices.

We do not need #4 .cos as it stands speed boats will need it.#3 is the key.
If the boys in the creeks can refine crude why is it so difficult for the FG.
Build the refinaries at the source no long piping and that will reduce vandalization.