₦airaland Forum

tayour917i:
Oh I see, you can't even write a simple English, how can you understand the context?.... Omo ale jatijati

Lobish. See extra mumu.plz xplain how U **write a simple English** if U wanna correct a person cos U felt they have made an error U should endeavour to at least write a correct phrase or sentence nobody writes English we speak English. We write in phrases and sentence. Ekpa

dunkem21:
You will be a mischievous person in real life

I don laugh tire .. The man dey make his supporters to change mouth every second ..

Wetin u expect no B government of change lol

oloriooko:
The question is has PMB surrounded himself with competent hands?
On one hand, it is shameful and repeated error by the government that the president is being portrayed as ignorant of somethings happening under his watch
Presenting and later withdrawing budget for the year due to bloated feeding allocation is simply gross incompetent by his aides and ultimately the president himself.

On the other hand, he did well to quickly withdraw and adjust the figures after public outcry which means he feels the pulse of the electorate that voted him
Furthermore, the electorate must learn to constructively criticise PMB and demand fulfilment of all the campaign promises he made.

Storey 4 the gods yoyu seriously think we Nigerians hav e the time and patience to wait?he cannot learn on the Job he should hit the ground running at least that was the change he promised

olutunde12:
This man has 49 months to fulfil 110 promises. 7 months are gone already and he has not started doing anything. So use youe maths or english or geography or anything to tell us the possibility of fulfilling anything. Buhari's people will soon come up with a counter thread to say this is not true.

Let me help.they should calculate how many 7 months there are in 4 years.Then they will know they are in a one chance government

Rose2014:
Ngeneukwenu won't like this

This is the height of incompetence. Imagine this.


Shame on sycophants. While they're on one end defending the budget, Buhari has withdrawn it from the other end. Their oga didn't even read the details of the budget before presenting to NASS yet his robots were busy cheering him and opening threads to educate us how the budget is great for Nigeria

Sycophants will ruin this administration faster than the opposition

I smell a rat.IMF said they won't borrow us a dime.and china is watching from afar so where was he going to borrow to fund the budget?I think he knew what was in the budget. They where trying to pull a quick o e on us.Anything abI've the last budget which is not geared towards Infrastructural development and capital projects is a SCAM

arsetalks:
I am to disbelieve the leadership paper but I am to believe someone nameless hiding behind a keyboard.

I am not retarded.

There is a way to find out a wee bit about a person on here. Dig back to their post.

tsdarkside:
he is right,PassingShot..we must admit,jonathan revived the railway-sector and other things....

i am only angry with him,because of chibok...i have no other reasons!!!...

Ahaha sometimes we got to laugh it's about the only thing that is free of charge in Nigeria.

deflover:
what are you saying

Warri pidgin English

adanny01:
What i want you to agree is that Nigeria buys petrol from India and sell to Nigerians for N86.50k without paying a kobo as subsidy. That is a fact they have established. How they were able to buy at the rate they do is a matter of research which neither me or you know right now. The best is to hope we get our refineries before crude oil will go back up.

For long we know the always lift more crude than the records show. That may be this administration's next point of call.

Hey I agree with you whole heartedly. I do have relations and friends who are multi due to fuel importation I'm afraid and I'm from the Delta and very close to the creeks so I know what they are doing.if yoy check your figures u will know it do not add up even if they buy at that rate.how about logistics ?

amp01:
Capital lie,there is no petrol in warri deport,I do business there.only matrix has petrol.

The zombies won't believe you. I'm wondering is there no one near KD refinary here?

mn09abk:
come to Abuja ppl that stay around Kaduna road can testify to seeing so many tankers with fuel comming in from Kaduna....Bros admit it PDP was just useless

Oga na imported fuel same in.PHC there are loads on the east West rd.

arsetalks:
Why not go to the refinery yourself? As if if there is "concrete" evidence, you will believe.

You are Goodnewsphobic. It is obvious.

Oga we are in PH as we speak I'm on holiday there.nothing like that. The last visit was on new year day

deflover:
same kaduna refinery that was reported a few weeks back that need a different type of crude than the one we have.....same refinery that was reported to be analogy method to operate......well this govt can lie....I carry yansh for una

Abeg tell this mumu upstairs calino their village chief Goat

mvem:
....its a hard truth but we do convey crude with tankers too...

U mean you drive a truck tjat loads crude?plz what terminal do they lift crude from?talk is realy cheap

tayour917i:
Correct guy.... The bastard is allergic to positive change

See Mumu pikin you think it's palm oil factory we chatting about?wake up you are high on low grade

Bevista:
But if the story was about the refineries being grounded,you wouldn't care about physical inspection, you would simply believe the report.

Do U think I need to wait for the news to know if they r working or not?I have friends and family who work in PH and warrI. Even people who supply goods and services. Contractors etc.we will be more than happy if it works so business will boom again.warri would return as the Oil city once again.we do t care who fixes it.we jst want the damn this g to start operation .Then the govt of the day telling g us its working when it's rusting is a sure slap on the face.

Demmocrats:
I like smart guys, bro nice analysis but you still didn't answer the question. I asked can you name the bank that charges 199.

Fidelity. WE wired my niece yesterday in the USA

naheem8307:
For those coming into the country, what is the maximum amount of dollars allowed to come along with ?

U r meant to declare anything above $10 k
But wait a minute why do U want to carry forex intto Nigeria?

mvem:
....the news did not read dat oil is no longer scarce but what volume d refineries had tried to produce....

PH is not producing a drop of petrol.nor warri.so is it kaduna that do not have any functional oil pipeline. from the south to the North due to it being blown up?

Bevista:
Good development. Shockingly, some people will still hate on this news. They'd rather things continue to get worse just so they can throw juvenile tantrums at the president.

Y not go and see 4 yourself the refinaries and see the lies you are being fed. I wonder howlong they will lie

nellyelitz:
God will not forgive u, did u just mentioned ph that don't have even a truck of PMS. If they have such quantity as mentioned why don't they start loading even till today.


Thunder will fire all of u liars with Op inclusive.

I'm in PH right now that place e is dead.the thunder wey go fire that paper dey do one hand press up for my village

FOLYKAZE:
Buhari will always be the best thing that has ever happen to Nigeria. 16yrs of PDP rule saw our refinery completely grounded. This soar story is been changed by PMB within the course of eight months.



If I happen to be a christian, the point of my prayer would be centred on Buhari. Oh God, send down the Buhari of my life who will aid the restoration of every lost glory.

Oga this PH wey I dey so.wey I dey see with my kook oro eyes una say product leave.ahh DerisGod ohhhh

adanny01:
You have a point there.

I would only guess that since majority of Nigerian crude ends up in India, they must have reached an agreement. An agreement such that Crude is shipped to India for refining and the cost of refining is paid in equal amount of crude. It is also possible that other range of petroleum products from the crude is kept by the indians. In that case India actually buys its own crude from Nigeria but Nigeria does'nt pay for crude. They just ship to refine, pay and ship back the products. That means India's retail price will include cost of crude oil while our portion does not.

Moreso, theirs will include VAT and alot of other expenses we dont have. You see from the template, there are 3 types of taxes and highway maintenance charges but all with zero charge. India could have charged those and even more.

My only hope for now is for Nigeria to build new refinaries and maintain current ones before crude oil prices go up again.

Great.Now as yoy can see it's imposible to just import fuel at stated cost. An I have a friend of mine said out of that pump price approx 30rupee is tax.The refinaries in India are private not state owned so that swop deal won t work.I think they have their own refineries where they refine and repatriate the products or they declare more than lifted. So my friend the SCAM is so massive govt shud focus on building not fixing .A new refinary .then they can subsidise on cost of production not importation. So U see in theory they cannot remove the subsidy it's news of distraction. We ain't going to get anything cheap.

adanny01:
Check picture below. Row no. 25 Column Naira/L pppra.gov.ng/pricing-template-pms-2/

Any questions?

Most of our imports is from india. Coincidentally most of the crude oil export is to india.

Great stuff now let's ask ourselves what's the pump price in India?it was 59 rupees last time I checked so in line with global market it's N176. Lets assume they remove VAT as its export @ %20 say minus N34 we are left with approx N130 something. smell scam yet?
Check thus link and pic

$10 k imagine.I can do better than that even.

adanny01:
Dont say i dont know just because i didnt answer your question the way you want it.

What is subsidy in relation to petrol?

Assuming the total cost to deliver petrol from a refinery in India to my car's petrol tank including profit and transportation is N100/L. If government instructs the marketer to sell to me at N87, N13 will be paid to the marketer as subsidy on my behalf. N13 is a free gift per litre to any one buying petrol orderwise called subsidy.

The problem comes in when i buy 50L in which government needs to pay the marketer N650 as balance of his money but the marketer claims i bought 100L. Government must now pay N1,300 because government's monitoring officals either failed to do their jobs of monitoring what is actually delivered or decided to partake in the fraud. Its not easy to properly monitor and prevent the fraud, it is best to remove the subsidy since N13 wont kill me. After all subsidy benefits the rich more than the poor. A rich man has more cars and more trips to make. He runs more fuel consuming vehiles with full loads having disregard to economy. A rich man may require 50L per day but certainly not a poor man that doesnt have a car. That means the rich man can collect N650 worth of fuel free of charge daily and the poor man that needs such incentives or discount cant claim it. The rich man flies but the poor man travels by road. Is'nt it better for the poor man if the roads are fixed with subsidy funds than on fuel where the rich has more purchasing power.

Lastly, landing cost of petrol was recently calculated to be N86.50k. If we pay the same amount at the pump, how much is subsidy? Zero. We all know the value fluctuates + or - N86.50. The template now is that if the landing cost drops to say N85.50, we still pay N86.50 and they now have negative N1 subsidy which is saved for future situations where subsidy will be positve N1 and government pays with the savings.

In this case government doesnt take money from its coffers to fund subsidy. The aim is to give the pump price a little stability instead of changing price every other week. We will now see more frequent pump price change than before. Its good for me ass long as government agents dont use the subsidy as a means of fraud and rich people benefit from it more than the poor.

This will continue until such a time our refineries can produce to our consumption rate. The cost too will significantly drop since we will not pay for off shore transportation or taxes involved or foreign exchange. Government can even decide Nigerians pay cost of refining, local transportation (cheap if by pipeline) and profit for pumping stations.

Analyst believe that there may not be a significant increase to the price of crude in 2016, so we should expect that for now the pump price will fluctuate witin its present range.

Ok u still did not give any answer to the question n ways let me ask where did you hear that the landing cost of petrol was N86.50? Can I ask from.what country you think you can land petrol at that price?let me keep it short.I'm hoping ur answer will be short and straight to the point.U can ask me any question too.

adanny01:
As a motorist, i wouldnt mind if i get fuel for free. The economist will say its impossible to get it free.

My point was to a person who asked, "is it not the subsidy GEJ tried to remove years back and was seriously critisized". He went further to say fuel is still sold as expensive as 140 in the locations he listed.

My point exactly was, GEJ made no arrangements for subsidy removal inflation effect on ordinary Nigerians. Besides, his government wasnt trusted with the savings from the removal. In other words, we would suffer while corrupt people get richer.

Buhari has given people hope that there will be accountability while we will not suffer. Its a win win situation now but GEJ's plan was a lose lose situation being that we lose by buying fuel more expensive while saving for looters to cart away. The partial removal by GEJ led to sure-p which actually became a looting ground. Our guess of what would have happened was right.

With the present arrangrment the worst that could happen is the win-lose scenerio. We win as long as pump price remains low but may win or lose when the subsidy savings are utilised well or looted.

I asked three basic question has nothing to do with GEJ or PMB.from your submission I can state that yoy don't know what the concept of su side is.no offence meant with all due respect.most people know the meaning but not the concept.Let me draw you near.Subsidy is the only thing the govt seem to give us without cost to us but to them.Nothing else so U want that taken away?
If the subsidy is removed we will buy petrol at above N200.they import not from Africa but Asia ie Saudi or south America ie venuzuella. Now the cost is $1 to fill your tank there subsidy in venuzuella is %70.@ production not importation so in theory the production cost there would be close to $0.50.in today's money that N100.by the time it gets here it would be X 4.so your guess is as good as mine only if the fg fix the refineries then Yeh they could remove the so called subsidy mayB cost of production might be N120 and they can sell N180 including VAT

stephenduru:
More

We mSt rule at all cost

kokomilala:
Not bad for a start! London has over 500, 000 security cameras and 10, 000 traffic lights.

And managed by whom?

donglazy:
http://sunnewsonline.com/new/lagos-to-install-10000-cctv-cameras-across-state/

Kia 9ja which way. The state do not have data base to store names of people living inside yet they want to install security cameras. Or is someone tying to start a white elephant project?where are they going to wire them fru

[quote author=don4real18 post=41668617]With so many grammatical blunders, It has shown that you don't understand the message I'm trying to put across.
So, instead of exchanging words with you which won't be beneficial to me, I will rather stay clear
Peace bro/sis/whoever [/quote
Plz point out my grammatical errors teacher.I have a good xcuse for making such errors I'm an Engineer what's yours? In the absence of nothing insightful to say the likes of you result into tongue in cheek lamentation. Stop taking that cheap weed.and stop embarassing us Nigerians.we have friends abroad who read what we write.they are meant to hold us in high esteem. When you say Kaduna refinary is working either you are deliberately lying or high on cheap weed.

Wikidraw:
We are talking about someone investing huge amount of hard earned money here. When was the last time any governor gave consent or signed C of O in PH?

This is the cycle most people went through or are still going through in PH.

You buy a community land or from community chief.

You make full payments.

You pay for bush entry/ matching ground.

You pay youths or CLO.

You pay a Surveyor to survey the land for you.

You pay the LGA for approval.

Only for thesame people that sold the land to you( most especially if you are not from that community) to start telling how the land sold to you was actually a space meant for building of community town hall blah blah.

The same people will make sure you buyback your property again by making another full payments.

If you are lucky to know some military officers in Bori Camp you run to them and the saga continues.

I'm not saying there isn't genuine land in PH, but avoid anything that is community land. One can actually get land with C of O in places like Trans Amadi, old GRA, Romoukrushi, etc but you know they are way above what most people can afford.

Without C of O or governor's consent, you can't access Bank loans with survey plan or have them finance your project.

All what you said could be said for all places of choice building in Nigeria. I live abroad I have invested huge amount in PH as we speak I'm on holiday in PH and I'm on site.yes yoy pay this and that tell me where dont you pay?.I did all my paperwork via a lawyer from my town mind you Im not from Rivers I'm a Deltan.The C of O can be acquired but takes time and I'm on it as we speak.My plot Was a farmland.I did the survey and mounting of pillers.I also compelled the members of the family to sign and counter sign.I did the deed of conveyance 4 copies. I paid all levies and ha e all receipt laminated nd copied. I leave duplicate on site wen I shot off for some other biz.when they co.e to check you just show your receipt nd they let you be.So if you build in any part of Nigeria you don't want to pay the levies what do you expect?one has to follow due process. I actually fell for that trap you gave as example in my own state Delta.I was building an hostel for students not knowing land belong to the school that was my fault. I DID NOT FOLLOW DUE PROCESS. I have learnt my lessons nd invest in proper Investigation b4 I part away with my hard earned ££.so my brother it's same everywhere worse even in Lagos but the button line.o e must invest in proper Investivation of proposed land. A simple trip to land nd registry will save one a whole load of palaver.

Regards your last paragraph not everybody will want loans in Nigeria.in.my conext I could remortgage my house abroad and get up to £150k.some people might get more.I for one I will never ever take a loan in a Nigerian Bank.