Firefire's Posts
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Animal Farm! |
akinjuly77: ![]()
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dis government self ![]() Buhari I beg start your job now ? |
Criminals everywhere |
Buahri ooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo dis government self ![]() |
![]() [size=18pt] No One Can Curse Whom God Has Blessed [/size] Ayodele Fayose carry on with your good work. Ma ba ise rere re lo
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The landing cost of petrol was put at N75.15 per litre on January 23, almost a week after the Federal Government reduced the pump price of the product by N10 per litre. An energy expert and Senior Lecturer, Energy Law at the University of Lagos, Dr. Adedayo Ayoade, told our correspondent that there were questions to be raised as regards the sudden increase in the landing cost of the product. “I am not aware of any spike in the price of crude oil that could have led to such an increase in the landing cost of petrol,” he added. The landing cost is the sum of the product cost plus freight rate at N107.66; trader’s margin, N1.47; lightering expenses, N4.19; Nigerian Ports Authority fees, N0.77; financing cost, N1.68; jetty depot throughput charge, N0.8; and storage charge, N3. The addition of the distribution margins to the landing cost gives the Expected Open Market Price (total cost). The distribution margins, which comprise retailers, transporters and dealers’ profits, as well as bridging fund, marine transport average and admin charges were not stated. Retailers get N4.6; transporters, N2.99; dealers, N1.75; bridging cost is N5.85; marine transport average, N0.15; and the admin charge, N0.15. The sub-total margin stands at N15.49. When added to the landing cost of N119.66, the EOMP of N135.15 per litre is arrived at. But this is subsidised and a flat official rate of N87 per litre is given. The Federal Government had on January 18, 2015 announced the reduction in the pump price of petrol from N97 to N87 per litre, attributing this to the decline in global crude oil prices. The landing cost of the product was N116.79 per litre on May 21, while the subsidy component was N45.28 per litre, according to the PPPRA. There have been calls in many quarters on successive governments to fully deregulate the downstream sector of the oil and gas industry to encourage private investments in crude oil refining, as well as the privatisation of the nation’s existing refineries, which are working far below their installed capacities. http://www.punchng.com/business/business-economy/petrol-subsidy-rises-to-n48-15-per-litre/ Cc: Lalasticlala |
The landing cost of Premium Motor Spirit, otherwise known as petrol, was put at N119.66 per litre as of Tuesday, up from N75.15 on January 23. It increased by N1.07 from N118.59 per litre on Monday, according to data obtained from the Petroleum Products Pricing Regulatory Agency. The daily subsidy on petrol, therefore, rose to an eight-month high of N48.15 per litre on Tuesday, compared to N3.64 on January 23, the agency’s pricing template showed. Nigeria, which relies on importation for most of its fuel needs as the country’s refineries are in a poor state, has seen a drop in importation of refined petroleum products in recent months, leading to acute scarcity of the products across the country. Major oil marketers said on Wednesday that they had yet to resume importation of petrol due to financial constraints occasioned by the delay in the payment of subsidy arrears to them by the Federal Government. The Executive Secretary, Major Oil Marketers Association of Nigeria, Mr. Obafemi Olawore, told our correspondent in a telephone interview, “We don’t have money to import. We have been relying on NNPC products. “At the moment, what we are loading is from the NNPC, and we (major marketers) sell at the government recommended price. I don’t know of other marketers.” Subsidy refers to the money paid, usually by the government, to keep prices below what they will otherwise be in a free market system. The global benchmark Brent crude lost almost half of its value between June 2014 and January this year, plunging below $50 per barrel, but has rebounded in recent months. It traded around $64 per barrel on Wednesday.
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nonjebose:ok, I now believe you. Buhari should publicly declare his assets. |
nonjebose:Picture of the inputting process or I don't believe you. ![]() |
[size=18pt]Ori e pe bi Alajo Shomolu![/size] ![]() |
"I am four days in office today and we have already started the process of ending the insurgency", Buhari Now I know, so all those country you are visiting and the one sending those terrorist into Nigeria according to the script abi ? RIP to those killed in this struggle of returning power to the North. ![]() dereisgod ooooooooooooooooo ![]() |
adadadon:Oh really? Thanks for the info. But how does that CHANGE Buhari's ownership of the N2.1 Billion Asokoro Mansion in Abuja ?? |
Eyin Ala'le e gbawa ooooo Egbawa lowo ijoba atu'iro ta bi elubo yi. ![]() |
stexsy:You get time for that bigot ? |
drey076:50% of what ??
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[size=18pt]BUHARI IS FINISHED! [/size] Is not good to always tell lies ![]()
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Miscellaneous:you dey mind d woman ? |
dearpreye: see the guy deceiving Nigerians ![]()
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Mynd44:Can you please provide more evidence to support your claim sir ? |
![]() [size=18pt] Amaechi is a criminal, period![/size] Fellow Nigerians, when shall we start the stoning ![]()
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Jesusloveyou:
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"A single lie destroys a whole reputation of integrity". - Baltasar Gracian Over the past 120 Hours Mr. Buhari lies is building up... ![]() “I have at least one million naira in my bank, having paid N5.5 million to pick my form from my party. I have around 150 cattle because I am never comfortable without cows. I have a house each in Kaduna, Kano, and Daura [size=18pt]which I borrowed money to build. [/size] I never had a foreign account since I finished my courses in the USA, India and the UK. I never owned any property outside Nigeria. Never.” – General Muhammadu Buhari How about this N2.1 Billion Asokoro Mansion ![]()
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The First Lady of Nigeria, Aisha Buhari closed down her beauty parlour. Aisha who ran the well patronized business shut it down to take the new role of Nigeria’s First Lady. Hanzy Beauty Institute (HBI) is the first beauty institute in Northern Nigeria situated in Kaduna. It is an NBTE accredited vocational training centre and registered by the Ministry of Education aimed at exploring the untapped wealth in the emerging beauty industry. The institute runs a spa in the city of Abuja with modern spa facilities with Facial & Skin Care, Body Massage, Pedicure/Manicure, Deep massages and more. Hanzy Beauty Institute (HBI) offers National Vocational Certificate (NVC) in the following areas: * Facial & Skin Care * Make-Up * Waxing (halawa) * Customer Care * Body Massage * Nail Technology * Pedicure/Manicure * Certificate in Retail Cosmetic Service * Lash & Brow Treatment * Lash Perming * Permanent Make-up (tattoo) "TO HAVE FOUR OR FIVE SESSIONS OF ANY OF THEIR SPECIAL ANTI-AGEING TREATMENTS" the highest amount you will pay is 80,000 NGN. UMO GOLD JAPANESE FACIAL TREATMENT" 24 Karat Gold + Gamma PGA + ions + Ultrasonic nano mist = Glowing Skin. dating back to the time of Cleopatra, pure Gold was used as a tool to maintain a youthful skin. Accomplishments of the treatment includes: * It lifts and firms the facial skin * It lightens and brightens * It eradicates freeradicals * It provides a golden glow COST: N80,000 PER SESSION http://www.hanzybi.edu.ng/index.html The million dollar question on the lips of Nigerians are: - If this business is so profitable that Aisha Buhari can afford a diamond wrist-watch of 10.5 Million Naira, why close it down? - What is the faith of the students enrolled in any of their courses? - The institute was consulted by the Nigerian National Petroleum Corporation/Kaduna Refining and Petrochemical Company to help train individuals under its Youth Empowerment and Skill Acquisition Programme when Gen. Buhari was the Petroleum Minister. (This is a clear case of conflict of interest.) http://www.metronews.ng/aisha-buhari-closes-down-her-beauty-institute-for-first-lady-responsibility/ - Finally, barcanista:Nigerians should rise above deceit.
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Let me insert my new topic here: |
barcanista:No wahala we dey here gidigba! Sebi we are jobless, 500 Naira paid per post, now PDP is not in power again to continue to pay us our =N= 500 and we are still here as usual. ![]() |
barcanista:If Aisha Buhari is so rich that her Hanzy Spa and Hanzy Beauty Institute can generate as much as 10 Million Naira to buy an ordinary wrist-watch, WHY is she closing it down ?
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barcanista:Interesting country...
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Descartes:Do unto others as you would have them do unto you, commonly known as "The Golden Rule," is indeed a biblical principle. But why are those blind followers of APC full of anger when they are drinking the same cup ? Cc: egift, missing in action since 29th May 2015. |
PassingShot:Honestly, I expect all of you guys to have gone AWOL. Your credibility are already being questioned. Ema lo jeje |
Descartes:Bros, wetin now? They are running for cover, the missile firing is beyond their comprehension. Please allow them to escape. ![]() |
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