₦airaland Forum

kingslly:
The price of fuel after removal of subsidy shuldnt matter here because Nigerians for the past few weeks were willing to buy fuel at 500naira/litre,Fuel was selling at 140/litre in 2012 when GEJ removed subsidy.

Willing to buy? Do you know what is called "will"? In the absence of alternative, you said Nigerians are "willing" at that price....SMH

Myself2:
And which voodoo calculation is that?

1) One barrel of Crude oil = 42 gallons or 159 litres

2) Our Refineries (i.e 4) Installed (combined)
capacity = 445,000 barrels per day

3) Actual refineries capacity due to ageing
equipment = 30% i.e. 133,500 barrels per day.

4) 133,500 barrels = 21.2 million litres

5) Local required consumption (F.O.S) =
12millions litres

6) It means that even our MORIBOND refineries can actually meet our local consumption need of petroleum.

7) The cost structure of crude oil (i.e. Qua Iboe Crude Oil) production; – Findings / development – $3.5
– Production cost – $1.5
– Refining Cost – $12.6
– Pipeline/transportation – $1.5
– Distr/bridging fund Margin -$15.69
True cost of one litre of petroleum anywhere in Nigeria;
– Total sum cost = $34.8
– 1ltr cost = $34.8/159 litres = $0.219
– Naira equiv. 0.219xN160= N35.02k
– Add Tax N5 + N35.02 = N40.02
9) Let FGN refute the above composition and if not, they should tell us how they came about
N95/N85 litre.

10) Locally refined products cannot be sold at International price.

11) We really do not need FGN SUBSIDY as
there was NONE in the first place.

Ezenwammadu:
Hypocrisy is when you where abusing GEJ for trying remove fuel subsidy in 2012 and now screaming remove fuel subsidy

By my calculation, if indeed there was subsidy, we should be buying fuel between N45-N50 per litre

raayah:
Exactly, the Job situation is brutal in Nigeria. The only reason being that our government have destroyed our Economy.

Why is OP shaming people who chose to help their family out of this hell.?

Our hope lies in the incoming govt though it won't be eazy

NFA school, looking for excuses to shut down. Two weeks of academic loss......SMH

Oluwasnoop lion

candycrushsoda:
At this rate, all women need to learn how to change tyres cos guys will speed past when they see a damsel in distress

Don't worry, I can even fill your tank

That's why I stopped given people a lift even if you are in uniform

Gbese re o!

I just don't get it, you have N6millon and still want to do money rituals. The only money rituals that will work for you is to invest that money

YINKUS101:
@Femi i have tried it many times and it keeps telling me modem not found

you don't know how to use it

sinaj:
na ma fwenz de call me Sinaj o!


frm Minaj

oh back in the dayz, I missed MBI

Graduates are looking for jobs
IT placements are difficult to get
Corp members are finding it difficult to secure place of primary assignment.

Yet, you claimed Nigerian youth are not ready to work. Seems the op has never stepped into the country in a long while

sinaj:
lol I dnt lie about stuffs dat will bring embarrassment to me later


beside agat notin to lie about be it name, age, status, virginity

ma nme is Sarah though

So, you be Sarah, you come dey form Sinaj for here

Same way Sinachukwu dey claim Sinach

NgeneUkwenu:
Can Someone Remind Us, What the Useless Fedora Wearing Drunkard from Otuoke is leaving Behind?

Serious gbese and crisis

Ilekeh:
No love without money nah. Cmon

YINKUS101:
Please kindly assist to unlock my Etisalat ZTE Modem
Model: MF190A IMEI: 862591017819819 and my email is iamolayinkasolomon@gmail.com. Thanks

use DC unlocker

Ilekeh:
Would you say no to a guy you love?

if money no dey nko?

ROZZAYY:
Congrats o. Jes thinking all dat toolzzzz for d nigga. Hmmmmm

Don't be jealous, you ve got some tools there too

Trailblazer1:
i've been watching with keen interest the way some gullible Nigerians insult this woman.
I begin to ponder and ask myself "what was her crime".

With all the propagandas flying during the electioneering process, never was any accusation of financial embezzlement or recklessness levied against her.

Even the eagle-eyed media and social media crew never had any corrupt case against her except the state of the economy which in reality has many players and influencers that are more powerful than NOI.

I laugh when I see under-aged dullards who didn't even pass Economics in WASSC turn economic experts to insult this woman on Nairaland.
Ensure your mother can spell economics before you quote me

Typical Nigerian, always celebrating mediocres.

NOI is a big liar and an embarrassment to Economist. Nobody is interested in how much you know until they know how much you care.
Perhaps you should also know that THE EDUCATED destroyed the economy of this Country.

Ibiblaze:
Team nova launcher

Not in the list, not recognise

Articul8:
Which song will he sing there now? 'Love somebody' or 'Faze alone'.Love him though.

Kolomental

Oh, omo na mental case
Start to dey craze
Na who dey rocking this place
It’s kolomental


Oh, oh, oh ho ho ho ho
Kolomental
Oh, oh, oh ho ho ho ho
Kolomental
Oh oh oh oh oh oh, oh oh oh
Oh oh oh, oh oh

Verse
As you dey fall in oh
Make u take note oh
Say this party oh
Na ego craze people oh
Make you mental oh
Make you display
Show your madness
Make you craze dey go
That’s nonsense
Make you no make sense
Na the concept na senseless
See I don kolo
Make una hold me o
If you no fit oh
Na come join me oh
Kolo, make we mental

Chorus
Everybody make we start to mental
If you feel this instrumental
Dance, shake, scatter the place
Show yourself for this place kolomental
Everybody make we start to mental
If you feel this instrumental
Dance, shake, start to dey craze
Show yourself for this place kolomental

Mental mental
Kolomental ei
Mental mental
Kolomental ei

realone44:
My friend has bn down for a while now after a heart-break a while back.. being trying to convince her to move on but she's confused and i understand cos there are not much good guys out there.. she doesnt even know that im saying this out about her.. U think you are a nice, caring and understanding man. u can add her on BBM PIN : 7FE2D61B . Please sincere man only. plssssssss.

alright
cc lalasticlala
Ishilove

CR77:
So sweet from FFK

Birds of a feather

Madamkilljoy:
My shirt? Uhn uhn, my mummy will beat me.

yesoo, or you send my copy

madridguy:
You no know.....no be my mouth you go hear say Baale wife get witchcraft....Happy fuel scarcity....lol

give me the gist now

Nice move!