₦airaland Forum

Gory tales

ziryboy:
Ipob...the early earth work or whatever you are saying is it done free of charge by Julius Berger or your fathers or Jonathan paid for it? You are just looking for every means to discredit this government. The government that you didn't give up to 5 percent vote jn 2015, you think your vote can still defit him now? You have already turn yourself to minority because of your hatred, 2019 is just around the corner. If 2019 is not enough for you to know your failure then wait for 2019 to test run your self again.

Early work for four years?

Truly adorable

Deji7474:
However there is a tweak to it:

Under the subsidy regime of the Jonathan government, oil marketers were paid bogus amounts of monies to cover for their expenses to supply the country fuel and maintain the price at an affordable amount - this led to the enriching of a few and impoverishing of the country, as most of the oil marketers did not even make any deliveries to Nigeria but were paid billions of Naira. Some others took crude oil to Ghana and Benin Republic but where paid as well.

Under the new system which operates under the Buhari’s government, oil marketers do not receive money from government. Instead, NNPC bears the cost of the differential and takes the hit on their own balances by ensuring that the price of petrol remains at N145 regardless of the fact that the landing cost has increased in such a way to make the 145 unprofitable.

In this new arrangement - which is called UNDER-RECOVERY - the Nigerian consumers benefit and not the marketers. If this is not done, the price of fuel would shoot up and the President has said he would never allow that happen.

What the government is doing to put an end to this regime, which is in itself a short term solution - is to fix our refineries including encouraging private sector involvement.

Chief Financial Officer of NNPC, Mr. Isiaka AbdulRazaq, who traced the advent of the subsidy regime to October, 2003 when NNPC was directed by government to commence the purchase of domestic crude oil at international market price without a corresponding liberalization of the regulated price of petroleum products noted that the subsidy regime has changed.

He explained that under the Jonathan subsidy regime, NNPC and other suppliers of refined petroleum products were entitled to file subsidy claims to the Petroleum Products Pricing Regulatory Agency (PPPRA)t

Mr. AbdulRasaq, however, noted that unlike oil marketers, understand tt the under-recovery regime NNPC did not receive cash payment for subsidy claims as its claims were deducted out of cost payment to the Federation Account after due certification by PPPRA.

Continue your tweaking lies you hear
https://www.vanguardngr.com/2018/05/fg-responsible-fuel-subsidy-payment-nnpc/
Twisted tweaker

jodeci:
If federal government still pays subsidy,why was the fuel price increased? Isn't this a scam from the ruling party?

https://www.vanguardngr.com/2018/05/fg-responsible-fuel-subsidy-payment-nnpc/

Now we're done for by this government.

Deji7474:
However there is a tweak to it:

Under the subsidy regime of the Jonathan government, oil marketers were paid bogus amounts of monies to cover for their expenses to supply the country fuel and maintain the price at an affordable amount - this led to the enriching of a few and impoverishing of the country, as most of the oil marketers did not even make any deliveries to Nigeria but were paid billions of Naira. Some others took crude oil to Ghana and Benin Republic but where paid as well.

Under the new system which operates under the Buhari’s government, oil marketers do not receive money from government. Instead, NNPC bears the cost of the differential and takes the hit on their own balances by ensuring that the price of petrol remains at N145 regardless of the fact that the landing cost has increased in such a way to make the 145 unprofitable.

In this new arrangement - which is called UNDER-RECOVERY - the Nigerian consumers benefit and not the marketers. If this is not done, the price of fuel would shoot up and the President has said he would never allow that happen.

What the government is doing to put an end to this regime, which is in itself a short term solution - is to fix our refineries including encouraging private sector involvement.

Chief Financial Officer of NNPC, Mr. Isiaka AbdulRazaq, who traced the advent of the subsidy regime to October, 2003 when NNPC was directed by government to commence the purchase of domestic crude oil at international market price without a corresponding liberalization of the regulated price of petroleum products noted that the subsidy regime has changed.

He explained that under the Jonathan subsidy regime, NNPC and other suppliers of refined petroleum products were entitled to file subsidy claims to the Petroleum Products Pricing Regulatory Agency (PPPRA).

Mr. AbdulRasaq, however, noted that unlike oil marketers, under the under-recovery regime NNPC did not receive cash payment for subsidy claims as its claims were deducted out of cost payment to the Federation Account after due certification by PPPRA.

For this your blabbing, NNPC is the one stealing this much!

murecool:
let the Reno Mockery know these facts. He is just too daft to see anything good in this administration.

Where's the fact in this article? Just the usual twisted lies.

Wada3:
This is a very educative article. Thank you my brother for this excellent write up

Thieves and shameless liars

maclatunji:
Oh really?

Going by your logic, it is okay to kill Christians as long as the people doing it claim to be Jihardists?

Sometimes, I wonder whether some people enjoy the killing of their fellow people to satisfy their craving to portray Islam in bad light.

Well, unlike you, people with a rational mind know that your kind of thinking is jot useful. Trump's collective comments today;




The greatest enemies of Christians in Nigeria are Christians.

#Yeye

By the way, no matter how hard you try to smear Islam or miseducate people about it, it will still thrive. If colonialism could not stop it, dubious people hiding under Christianity definitely don't have a chance.

but why are you a data terrorist? Claiming legit? Anyways, terror look legit to you guys

Iyialla is the way to go iyialla...

Cc #igwetupac

Comedian

Divay22:
Number 1 so right

Mr eazy should be number one

Risky

Sounds fishy sha

heendrix:
same way you officially became the chief mad cow

Talk to me when you eventually grow up... which may not even happen

heendrix:
you in particular would prostrate to greet your ohm state governor if you got a chance to meet him

You're a mad cow

heendrix:
wailers would come rant rubbish whilst in Yoruba culture respect is reciprocal and it's necessary to greet people much older than you are in a respectful way. girls esp kneel down while guys either bend low or prostrate

atleast her's is much better than some sect who lied flat to the ground almost ate one cownu shoes just to show respect

So you're actually comparing the two? Atleast to feel better?
My wife will not kneel down to greet any man sha.

nwabobo:
He even shook hands with her.





https://www.instagram.com/p/Bg82hbzHsHY/?hl=en

So he can even shake hands with this glorified olosho? But our own women no reach to shake abi?

And so?

Runtown runs the show, small rats keep off

Eazy looking odd as usual

XhosaNostra:
Well, confidence is attractive. You go girl!

This is more realistic & relatable to most women. Not everybody has breast up so high, they could double as a chinrest. Yes, that is an ideal, but this is reality.

But do you have saggy boobs?

Lolu is right

Na this one be real baba olowo

He has always been on leave nah.

I see

Good news if it doesn't end up like Zimbabwe.

Gross