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PoliticsRe: Uninstalling Jonathan 100% Completed - Buhari Premium Activated by Gbawe: 8:49am On May 28, 2015
IyaIode:
Uninstalling user data and corrupt system files nearing completion
Tomorrow you will see the message: "you have successfully uninstalled Misrule-101 version 8.0" cool cool cool
PoliticsRe: Uninstalling Jonathan 100% Completed - Buhari Premium Activated by Gbawe: 8:46am On May 28, 2015
SarahBabyxx:
Despite how happy I am....I'm sad we're still paying (going to pay) for this outgoing adminstrations failures and stupid mistakes sad
Indeed. Yet as good people, on the side of progress for our nation and generations unborn, we must begin the mission to rescue and reposition Nigeria from repairing the damage evil despots and unpatriotic crooks have caused over the past 16 years. We have no other choice.
PoliticsRe: El-rufai Digging It Out In A Football Field (photo) by Gbawe: 8:42am On May 28, 2015
See 'baba kekere' baller El-Rufai. Anyway some of the best ballers are small players with low center of gravity like Messi, Edin Hazard, Alexis Sanchez, Raheem Sterling et al. Nothing do you ojare oga El-Rufai. As you mesmerize on the football pitch we believe you will score many victorious Maradona-style goals for Kaduna State also. cool cool cool
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 2:44pm On May 27, 2015
docadams:
@Gbawe: Please can you make your presentation without mentioning GEJ and PDP atrocious reign, at least for now. I need to preserve my sanity.
grin grin grin grin
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 2:26pm On May 27, 2015
Nairalanders, check the truth out as I stated earlier by accessing the BBC article below. Buhari will certainly be very busy as it is now crystal clear to the entire world that GEJ and the PDP literally looted Nigeria blind.


http://www.bbc.co.uk/news/world-africa-32873349

Nigeria fuel shortage cripples businesses, banks and flights



[size=14pt]It appears the fuel importers and marketers who operate a multi-billion dollar scam are blackmailing the government into agreeing to one more massive payout as they are not sure how much longer the fuel subsidy racket will go on.[/size]
They are literally shutting down the nation saying they are owed $1bn in arrears, but no-one gets to see how that figure is worked out. Many government officials, including employees of the state fuel company, are so intertwined in the fraud it is hard to know who is scamming who.
One thing is clear. Nigerians across the country trying earn a living to feed their families are facing a new level of hardship.
The incoming president is inheriting one hell of a mess.

At the heart of the shortage is a row over the payment to wholesalers of the difference between the subsidised pump price and the international market price.
The wholesalers are waiting for a $1bn payout from the government before they release more fuel.


It is thought that President-elect Buhari, who takes power on Friday, may move to end the petrol subsidy and so the wholesalers are trying to get something from the outgoing administration.
The opposition All Progressives Congress (APC) thinks government inaction is deliberate so that Mr Buhari will take over a "nation in deep crisis".
On Sunday, APC spokesman Alhaji Lai Mohammed said in a statement that the "departing office holder [was] defecating on the chair he is vacating".
The People's Democratic Party of outgoing President Goodluck Jonathan says that it is the opposition which is behind the crisis "to create an impression that the APC is inheriting... a complete system breakdown".
The fuel subsidy has become an enormous scam, our correspondent says.
The wholesalers often pretend to bring in a lot more oil than they do and pocket the money they get for the petrol that is not delivered.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe:
Etruth:
Uncle Gbawe, you NEVER disappoint. Na you be the boss, I dey hail ooo. How I wish you could personally tutor me. You are a blessing to us on this forum. God bless you Sir. Sai Gbawe ! Sai Osinbajo !! Sai Buhari !!!
Oga me thanks for the nice words but all I say here is in aid of a Nigeria where our people are dignified and empowered as all others are worldwide. It is deplorable that Nigeria can literally grind to a halt and be approaching a recession because of the culture of greed and impunity the PDP has created. Entering into formal, organised and transparent arrangement with foreign refineries, to deal with shortfalls in demand for PMS in Nigeria, was always the sensible way forward while we try and increase domestic capacity.

Yet the PDP chose, against universal condemnation of this practice, to use fuel marketers and thus introduce avenues of looting and free-for-all fraud that impoverishes Nigeria greatly. I expect Buhari will surprise many. Even the decent among those who supported GEJ passionately will swing behind Buhari in the near future because people often act based on what they know alone i.e PDP incompetence. Buhari will raise the bar immensely and there will be no going back for Nigeria. The defeat of the PDP and Jonathan was our own Nigerian spring and the "common sense revolution" Tinubu talked of.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 2:02pm On May 27, 2015
djon78:
This is realy an excelent idea, I never came across it before. Honestly I knew Nigeria was sick and was at the mercy of very wicked men, but I later realised that they were so evil that they never even allowed crumbs to drop for ordinary Nigerians. They ate up everything in conivance with this present government. I think one of the unique things we will see with this incoming administratn is that it will totaly block all those evil vultures from eating what is meant to come to the common man, and in the end many of them will go bust and bankrupt. When you even take closer look at these men, they are not real business men rather they are fraudsters and conmen because a real businessman can never operate the way they do, without even basic business principles. There fall will shock many people because anything built on evil foundation will never last.
And I am in support of whatever the in coming govt will do, because one of the bane and failure for Nigeria is that the present situation deprives the emergence of real entreprenures which are the catalyst needed for Nigerias economic advancement, growth and diversification, not fraudsters and conmen.
Boss, you can see the idea is not new because me and others here on nairaland, as far back as 2011, have already suggested this as a way forward to defeat fuel subsidy scam, PMS shortage and disparity in price charged for refined derivative of crude. Now ask yourself why such a simple idea, any resolute and pro-people President can implement, was never considered by OBJ, Yar Adua and GEJ as a stop-gap measure to ensure domestic Nigerian needs for refined derivative of crude are met while we work on improving the refining capacity within Nigeria.

The more you dig then the more you see that those pretending to be looking for solutions (like GEJ and OBJ) are the very same causing the problems they are financially benefiting vastly from in the background. This deleterious practice was always going to stop once Nigeria gained a President who is not interested in mansions and billions of dollars but prefers to do everything to make Nigerians happy and fulfilled. Using fuel marketers, when far better alternatives are available, is not a tenable option for a pro-people Nigerian President mindful of how Nigerians are suffering horribly while some greedy criminals and associates of government continue to use wheelbarrows to cart money to the bank.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 11:34am On May 27, 2015
San2ski:
"...... The problem was getting PDP Presidents interested in these solutions since they are always in place to serve a rapacious political cabal rather than ordinary Nigerians...."

@Gbawe,
Former President Obasanjo was one of the longest serving of all these PDP Presidents, and he is now in GMD's camp (with his veepee). I wonder how ominous this will be. undecided
Buhari does not have to act in the interest of Obasanjo. President Buhari should act in the interest of Nigerians always and he will be fine even if he remains cordial with OBJ et al.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe:
Demburrows:
Diversification is what we need.
We need many things bro. For example, we need our refineries producing refined derivatives of crude to deal with domestic Nigerian demand and even produce, to augment national income in times of low crude price, surplus refined oil we can sell to gain revenue and even foreign currency. Yet the bottom line is that everything is one step at a time in the right order.

First and foremost is to destroy, for good, the stranglehold glorified scammers who call themselves "fuel marketers" are using to choke the life out of Nigeria. We cannot "diversify" anything if the basics are not put in place to underpin the complex. We must never put the Cart before the Horse especially in the case of Nigeria where so many fundamental reforms re required to birth a radical overhaul of 16 years of PDP-led decay.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe:
homesteady:
how come GEJ and co never thought of this? undecided
Simple. GEJ rejected doing the right things always, even when he knew precisely what to do, because this would block the avenues that enables him and his cronies to loot Nigeria. The beginning of the greatness of Nigeria is connected to our nation gaining an immaterialistic, ascetic and highly principled President who will work for Nigerians. One thing most Nigerians do not understand is that the inordinately powerful Nigerian Presidency, if any of us gained control of it today, could turn anyone into a callous and very corrupt man/woman if we are not highly principled and unshakably pro-people to begin with.

When you become President the first to approach you will be those who will show you how you can become richer than Bill Gates. Once you listen to these people, as PDP Presidents always do because of the patronage system the Party favours, then you have condemned Nigerians to underdevelopment and greater misery. It is not the case that GEJ "never thought of this". He was shown what must be done but rejected such because using marketers and middlemen opens up a monumental floodgate of scams against Nigerians and the common man that would see Jonathan and his minions become filthy rich. PDP President will thus always embrace the scammers because this gives them an opportunity to become very rich in return also. Yet Nigeria and Nigerians are the victim of this wickedness. The game changes when you then get a President, Buhari, not interested in self-enrichment and will only accept doing what will improve the lives of ordinary Nigerians. This is why some of us rejected GEJ to back Buhari passionately.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 9:46am On May 27, 2015
Rawani:
This is the best news I've heard so far today. Kudos sir.
Bros, it was always going to be so. If a man is dying and needs oxygen then you must give him oxygen or he dies. As simple as that. Nigeria is in the same situation yet the greed of successive PDP Presidents has meant that nothing has been done to repeal a deleterious practice, literally choking Nigeria to death, and replace it with something a million times better which would deliver so many positive changes, while we try to shore up our domestic refining ability, and save us many billions of dollars a year. Many don't realize that Nigeria is like a severely battered and abused woman who simply needs to do away with her brutal husband (PDP) and replace him with someone who will respect her, be kind to her and work to glorify/uplift her.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe:
Pangea:
Oga Gbawe
Jonathan is a the worst thing to happen to Nigeria.
I thank God, i never supported him one day.
For his body language right from bayelsa has been thieving the treasury bare.
He made it possible for all kinds of lawlessness to thrive.

All the marketers are running around like an headless chicken trying to burn the country down and hold us hostage.
If Buhari does not jail these people, I will be very unhappy with him.
They must pay for what they have done to the country !
Bros, my only regret, from a Nairaland perspective, is that all the very intelligent and analytically-sound Nairalanders have left to be replaced by attention-seeking and anarchic empty barrels who don't know their nose from their azz. These guys have done all these issues to death and analyzed the way forward. I will be 'resurrecting' quotes from the past, from myself and others, that shows we have already discussed and predicted moves a pro-people Nigerian President has no option but to take. Many of us had already stated that Nigeria, a Country of destructive scammers and self-serving saboteurs, will end up in this artificial scarcity 'blackmail' situation with fuel marketers when enemies of Nigeria's progress realize the game is up. They know it is game over with Buhari and the 'underground grapevine' would have informed them that what they fear the most, i.e Nigeria entering into direct dealings with foreign refineries which cuts them the middlemen out, is upon us.

These marketers must therefore do their best to get a final 'payday' as the free-for-all they enjoyed for the 16 years the PDP held sway looks to be coming to an end. Some of us know why we supported Buhari passionately. We know he is simply one of the few Nigerians who can deliver the changes that will transform Nigeria immensely for the common man yet hurt the Government affiliated Vultures who believe looting Nigeria at the expense of the populace is their birthright. I have my reasons, many times on this forum, for stating that Buhari could become to Nigeria what Mustafa Kemal Ataturk was to Turkey. Ataturk is called the father of modern Turkey for the reforms and changes he delivered. I am personally backing Buhari to be viewed similarly by the time he is leaving Aso Rock.


https://www.nairaland.com/2289351/why-igbo-leaders-visited-buhari/1

Gbawe:
That is the way to go. I have stated several times that the condition is right for Buhari to be the Nigerian Mustafa Kemal Ataturk. I.e the father of modern Nigeria who created a thriving nation because of an ability to seek the policies that improves the lives of all Nigerians. Ataturk gained his surname because he was deemed "father of the turks" by the people themselves. Buhari can achieve same by leading Nigeria well for all Nigerians. Buhari can also "launch a programme of revolutionary social and political reform" that will see his name hailed fondly long after he is gone.

http://www.bbc.co.uk/history/historic_figures/ataturk_kemal.shtml
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 9:09am On May 27, 2015
Pangea:
No wonder the marketers wants to paralyse the country and get their blood money before the new government comes in
Of course. There is nothing happening today that we have not discussed here exhaustively in the past. The solution has always been known and suggested by many. The problem was getting PDP Presidents interested in these solutions since they are always in place to serve a rapacious political cabal rather than ordinary Nigerians. Nairalanders should read the thread below to see what Buhari wants to do here is what some of us have recognized as a 'must do'. This is another proof, as I argued and as GEJ has proven, that leading Nigeria is not about PHD. It is about the unshakable will to dedicate oneself to doing what is best for Nigerians as some of us believe Buhari will do.

We equally predictaed GEJ will fail, to insults from his blind followers, because he did not have this devotion to ordinary Nigerian and the concept he must do what is best for them. Everything GEJ did was to please and abet AGIP, scammers, fraudsters, criminals, militant warlords, militia groups, political jobbers et al. Jonathan opened the floodgate for these rapacious Vultures to loot and plunder Nigeria. This is why fuel marketers are now hoarding oil and callously sabotaging Nigeria toward tipping us into a frenzied recession. They will know levels have changed after May 29. Buhari will not be blackmailed by anyone and he will do what must be done, which is a lot within his power as President and C-in-C, to make Nigeria great for the ordinary Nigerian.

https://www.nairaland.com/844492/wikileaks-cabal-members-expose


Fuel Subsidy Rip-Offs: Wikileaks Reveals How NNPC Cost Nigeria Billions of Dollars
Posted: January 12, 2012 - 12:41
By SaharaReporters, New York

In the middle of a mass resistance that has virtually shut down Nigeria in response to the government’s abrupt January 1 withdrawal of a subsidy on oil, a previously-unreleased United States 2009 Wikileaks cable has emerged which indicates official manipulation that may have cost Nigeria billions of dollars.

According to the cable [C O N F I D E N T I A L SECTION 01 OF 02 LAGOS 000767 SIPDIS NOFORN E.O. 12958], the scandal concerns prices paid by the government for imported fuel, as international fuel traders, taking advantage of massive corruption loopholes in Nigeria, engaged in falsifying the dates of bills of lading to reflect particularly high market prices.  By so doing, they overcharged the Nigerian National Petroleum Corporation (NNPC) by over $300 million.

The Chairman and Managing Director of Shell Petroleum Development Corporation of Nigeria (SPDC), Mr. Chris Finlayson, told the United States (?) Consul General and the Economic Officer on April 2 that some marketers had been changing the dates when fuel shipments bound for Nigeria were loaded in order to take advantage of particularly high market prices.

Following that, on April 6, Femi Otedola, President and CEO of Zenon Petroleum and Gas, essentially corroborated Finlayson's report, saying over $300 million has been overpaid by NNPC for fuel imports, and that many leading international traders are involved in the manipulation of shipments that the NNPC curiously failed to notice.  “Discrepancies were found when comparing dates on the bills of lading with dates of landing in Lagos,” the document said.

According to the cable, “Pointing to examples, Otedola said that while a tanker loading fuel at a refinery in Bahrain usually takes four weeks to arrive in Lagos, comparisons between the bills of lading and dates of arrival of some shipments reflected only a four-day difference, and in other cases, if taken at face value, indicated the journey took nine months. Otedola said 73 shipments from refineries in the Persian Gulf, England, and Venezuela listed delivery times of only one day. NNPC is attempting to get compensation for the over-charge. Otedola went on that most of the fuel traders supplying Nigeria are implicated in over-charging NNPC, and showed a list of 17 companies that supplied fuel in the first quarter of 2004, several of which, he said, are significant players in international markets, such as Trafigura and Vitol. Otedola added that three companies clearly not involved in the scandal are British Petroleum, ChevronTexaco and Shell.”

[size=18pt]The most stunning part of the cable is the reported recommendation of Otedola who felt that Nigeria would “save some four billion dollars a year in expenditures on imported fuel” if the NNPC simply stopped contracting with international fuel traders and, instead, negotiated purchases directly from refineries worldwide.[/size]

In parenthesis, as background to the position of Mr. Otedola, the document noted as follows: “Prior to deregulation in October 2003, NNPC, then the sole importer of fuel, lost two billion dollars per year because it sold stock to retailers below purchase price. After October 2003, NNPC initially stopped subsidizing fuel sales, letting marketers import fuel to be sold at market prices. However, sources agree that NNPC is back in the business of subsidizing gasoline sales while it maintains a facade of deregulation by encouraging private marketers to import fuel that NNPC purchases at market price. NNPC then sells the fuel to marketers and retailers at a reduced price to ensure that those companies maintain a profit margin while holding consumer prices to informal caps set by the Department of Petroleum Resources.”

The American officials then concluded that the allegation that international traders bilked NNPC of hundreds of millions of dollars is yet another example of the poor management of Nigeria's energy sector, and highlights the complex links between crude sales, fuel importation, refinery maintenance, and energy production in the country, and slyly observed that the way NNPC looked the other way while Nigeria was being fleeced was deliberate. 

[size=14pt]“Otedola is probably right in suggesting that long-standing sweetheart deals between the NNPC and a variety of fuel traders [are] keeping the system inefficient. That may also explain why the [Government of Nigeria, GON] just can't seem to get its refineries running even after spending a billion dollars or more on maintenance contracts over the last four years. Otedola said he initially bid to purchase the Port Harcourt refinery offered for privatization, but he recently told President Obasanjo he will not invest in the refinery so long as NNPC purchases fuel from traders instead of negotiating directly with refineries in other countries and leasing ships itself to deliver fuel to Nigeria.[/size] It is not clear if Otedola's assumption that the international traders' stake in Nigeria's current fuel market is the main driver behind the country's refinery woes. But it is clear that the fundamentals of infrastructure security, interim supply stability, and transactional transparency must still be addressed if the GON is to be taken seriously about its efforts to deregulate and largely privatize Nigeria's downstream petroleum sector.”

[size=14pt]This cable emerges to confirm the very argument of millions of Nigerians who have been trooping into the streets worldwide since last week in protest of the oil subsidy that the principal problem in the country is corruption and lack of transparency which will swallow whatever is saved from withdrawing the subsidy.
[/size]
It would be recalled that in KPMG’s “Interim Report on the Process and Forensic Review of NNPC” [The KPMG Report] dated 22 November 2010, which was published by SaharaReporters on December 9, 2011, the Auditor said it had found that NNPC’s subsidy claims and PPPRA’s verification were based on volume of petroleum products available for sale (volume of products imported and actual production from the refineries) as against duly verified volume of products lifted out of the depots (volume of petroleum products sold) as stipulated in the subsidy guidelines.

KPMG also observed that while subsidy claims should be remitted to NNPC from PSF by the Federal Ministry of Finance (FMF) based on claims approved by PPPRA, NNPC’s convoluted and questionable practice was to remit to the Federation Account, amount payable for domestic crude less subsidy claims. It would then request the FMF to pay the subsidy amount due to it (from PSF) into the Federation Account being the balance of the cost of domestic crude.

“There are instances of delays in receipt of subsidy advice from PPPRA resulting in the estimation of subsidy claims by NNPC which results in over/ under-deduction from proceeds of domestic crude sales,” the report said.  For example, it said, N25bn was deducted as subsidy estimate for September 2009 from domestic crude sales proceeds while PPPRA approved a subsidy of N23.8bn. N35bn was also deducted as subsidy estimate for November 2009 but PPPRA approved a subsidy of N21.3bn.

“Over-deduction for these two months amounted to N14.9bn but only N4.2bn was swept into the Federation Account by NNPC as adjustment for subsidy claimable in the two months,” KPMG reported.

Among other issues flagged by the report was NNPC’s non-compliance with approved policies/ procedures.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe: 8:54am On May 27, 2015
Chiaka:
No Source..........Fake News!! ..........Waste of time...............This Belong to Trash Bin..............Flip to the next thread.
Call it whatever you want. It is not today some of us have insisted this and other things, such as drastically cutting governance waste, must be done to rescue Nigeria and transform her from a Nation where the majority of our income is looted by a small rapacious elite and political class into a Country, just like the most successful worldwide, where most of the income of a Nation is used to better the lives of the majority. Continue looking for source. The reality is that these are the measures Buhari must take, especially at a critical time like this, that some of us who love and wish Nigeria well fully expect him to take because he is on the side of ordinary Nigerians.

https://www.nairaland.com/1359430/rising-oil-theft-why-tompolo

Gbawe:
No they do not. After all, we know GEJ does not "give a damn". Certainly, 100% beyond doubt, Nigeria will be in a very bad shape by the time GEJ is done. The gates of hell GEJ has opened deliberately will be very difficult to close because Nigeria is now in a "damned if you do damned if you don't" situation thanks to GEJ's fraudulent antics.

I will explain. As I understand it, the protection contracts to Tompolo et al is up for renewals. Oil theft has risen massively currently in what many analysts believe is the milatant warlords way of subtly threatening the FG to renew their contract or face the current level of theft as a daily occurrence if their deal is not renewed.

Renew their contract and it is 'business as usual' with Nigeria continue to bleed billions of dollars. Terminate their contracts and the militants will certainly ferment trouble for Nigeria because of the easy money they are making and refuse to be weaned of. This is the situation GEJ has put Nigeria in. [size=14pt]It is like the fuel subsidy scam. Are we not still using marketers today when Otedola, a member of GEJ's own economic team, has suggested Nigeria deals directly with foreign refineries to stop subsidy scam on the spot?
[/size]
What manner of "transformation" rejects doing the right thing and instead maintain practices that ensure Nigeria is literally being bled dry everywhere? All Nigeria is known for today is corruption and skyrocketing ownership of private jet which show the gulf , abetted by corrupt enrichment, is widening between the mega rich and the rest of Nigerians.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Gbawe:
Why are you guys surprised at this development? It is what any government that is not corrupt and is genuinely on the side of Nigerians would do. I have said it many times that leading Nigeria is not rocket science. You do not need 4 PHDs to lead Nigeria well. What is required, above everything else, is the fearless will and decency to shun the need for self-aggrandizement and do what is right for the people always and in every sector.

This development is not new and even Femi Otedola has given this advice in the past i.e Nigeria should engage directly with foreign refineries to beat fuel subsidy scams, petrol queues and the other deleterious effects of using fuel marketers i.e glorified and unneeded middlemen that PDP Presidents have all kept in place because this helps their individual drive to stuff their pockets and those of their cronies. Nairalanders themselves can see that this idea is not new and many of us have called for its adoption even if the PDP had remained too corrupt to acquiesce. Some of us know why we wanted Buhari passionately and our reasons will become clear to others too very soon.

https://www.nairaland.com/2339465/buhari-not-use-oil-marketers


SLIDE waxie: Anybody expecting less is actually not a normal nigerian!

So, u think your Jonathan, the man with the highest level of corruption in the history of this nation will actually fight corruption?

One heavy thing he is duly addicted to...

Happy dreaming!
I have said this here a million times. GEJ is corruption and corruption is GEJ. Is Otedola not in GEJ's economic team? Does he not have the ears of the President directly? How come, as many have pointed out here many times, GEJ has not taken Otedola's advice , shown below, if he is not the same corruption plaguing Nigeria?

The man's penchant for "don't give a damn" scams are really a disgrace to Nigeria. Nothing would come more naturally than for a President who is a solution provider to do as Otedola suggests below. I think even a child knows why GEJ is always loathe to take good advice and do what will save Nigeria money, promote accountability, defeat corruption, strengthen our institutions, diminish the enrichment of politicians and their cronies plus optimally boost income accruable to the Nation. Nauseating how this President openly abets corruption and the plundering of his own Nation in a brazen and wanton manner.


http://saharareporters.com/news-page/fuel-subsidy-rip-offs-wikileaks-reveals-how-nnpc-cost-nigeria-billions-dollars


Fuel Subsidy Rip-Offs: Wikileaks Reveals How NNPC Cost Nigeria Billions of Dollars


Following that, on April 6, Femi Otedola, President and CEO of Zenon Petroleum and Gas, essentially corroborated Finlayson's report, saying over $300 million has been overpaid by NNPC for fuel imports, and that many leading international traders are involved in the manipulation of shipments that the NNPC curiously failed to notice. “Discrepancies were found when comparing dates on the bills of lading with dates of landing in Lagos,” the document said.

According to the cable, “Pointing to examples, Otedola said that while a tanker loading fuel at a refinery in Bahrain usually takes four weeks to arrive in Lagos, comparisons between the bills of lading and dates of arrival of some shipments reflected only a four-day difference, and in other cases, if taken at face value, indicated the journey took nine months. Otedola said 73 shipments from refineries in the Persian Gulf, England, and Venezuela listed delivery times of only one day. NNPC is attempting to get compensation for the over-charge. Otedola went on that most of the fuel traders supplying Nigeria are implicated in over-charging NNPC, and showed a list of 17 companies that supplied fuel in the first quarter of 2004, several of which, he said, are significant players in international markets, such as Trafigura and Vitol. Otedola added that three companies clearly not involved in the scandal are British Petroleum, ChevronTexaco and Shell.”



The most stunning part of the cable is the reported recommendation of Otedola who felt that Nigeria would “save some four billion dollars a year in expenditures on imported fuel” if the NNPC simply stopped contracting with international fuel traders and, instead, negotiated purchases directly from refineries worldwide.
PoliticsRe: I'm Not Afraid Of Buhari Government- Ifeanyi Uba by Gbawe: 3:49pm On May 26, 2015
Sweetguy25:
The incessant jail threats by Buhari supporters on GEJs cabinet members and his political allies is the cause of this nonsense.
No member of GEJ's cabinet will go to jail. That is an assurance.
Is that not how you 'assured' us that an "illiterate, certificateless cattle-rearer" will never win the 2015 Presidential election? Yet we all know what happened in the end. My friend, members of GEJ's cabinet are not above the law when a strict devotee of the rule of Law (i.e PMB) is involved. Stop disgracing yourself and Nigeria by talking as if some are beyond prosecution and punishment for their wrongful actions in public office .
PoliticsRe: (photo) Was The Queen Of England Also 'disgraced' At 10 Downing St by Gbawe:
Some APC/Buhari supporters never learn. Did these same PDP apologists and TANdroids not make more noise than this over the certificate issue? Did that prevent Buhari winning the election to become President-elect? Folks can interpret the Downing Street picture of Buhari how they want. Will that prevent Buhari leading Nigeria well and cementing good bilateral relations with the UK that GEJ and the PDP can only dream of? This is nothing but the usual noise from PDP losers trying to console themselves with everything they feel they can use to get back at the APC and Buhari.

Nigeria has ground to a halt. No fuel, no electricity and no water. Yet some jobless TAdroids and pained Jonathanian losers are busy discussing Buhari standing outside Downing Street. You guys need to get a life because some of you are merely worthless citizens who let leaders get away with treating you like animals while you are too busy discussing irrelevant pictures and 'suffering and smiling' obediently.
PoliticsRe: What GEJ Has Done To Nigeria. by Gbawe:
evanscheck:
Before u conclude... take a break.. now I dnt think jonathan is the problem. Dat man has a good heart. I think u shud blame the pple dat jonathan put there to work for him...there are the theives spoiling jonathan's regime..he can not do it all. Maybe he made he made d wrg choice of workers .i just pray that buhari shud get it right cos d heat has turned on us.
Are you guys not tired of this sad, pathetic and discredited excuse? As leaders bask in the glory of success they must also be held responsible for all that goes wrong under them. Is GEJ selecting the right/wrong caliber of people to work for him not his responsibility entirely for which he must receive praise or damnation respectively if his appointees succeed or fail? Who put those hopeless people in the position to feck up Nigeria horribly? Do you know, as one sad example that indicts Jonathan horribly, how many damning revelations and investigative journalism reports exposed Allison-Madueke as extremely corrupt and destructively irresponsible over the past 4 years? What did GEJ do but shield her at every stage so that the wicked woman could go away unscathed to act with more brazen impunity? The truth is that GEJ supported the stealing, corruption and misrule of his appointees openly. They all glorified in showing Nigeria they were corrupt misrulers and did not "give a damn" what we thought. Please face the truth my friend. It shall set you free.
PoliticsRe: History Will Not Favour Jonathan — Junaid Mohammed by Gbawe: 9:40am On May 24, 2015
abduljabbar4:
How can history favour a drunkard hideous misruler? Whether he conceded defeat or not there is no way he can continue leading Nigeria after losing an election
Better. Let us be careful with words we use publicly even if we have the power of anonymity working in our favour. We have no personal proof GEJ is a drunkard but we can all 100% attest to the fact he is a hideous misruler. Simply one of the worst, if not the worst President/head of State Nigeria has ever know since she became independent.
PoliticsRe: History Will Not Favour Jonathan — Junaid Mohammed by Gbawe: 9:30am On May 24, 2015
This is why I personally stated that GEJ is the last accidental President we will ever have in Nigeria. Many influential kingmakers and stakeholders, to include those who supported GEJ to power in 2011, have seen that OBJ-style imposition is a very dangerous thing for Nigeria as it might propel into the Nigerian Presidency an individual who is not at all fit to be President and may tend to be grossly irresponsible, callous, immoral, self-serving and destructive. This is precisely what happened with GEJ. Had GEJ not lost then we can confidently predict, with all that is coming now and all that will be revealed after May 29, that Nigeria will be worse than Somalia by 2017.

It will be very difficult to repair and reposition Nigeria but I believe it can be done if we all brace up for the personal sacrifices to be made. I am simply glad Jonathan is gone and I am confident lessons have been learnt meaning we will never ever see his kind again. A man did not even want the responsibility of owning a 4x4 wood shack yet you insist, against simple logic, on giving him a big, rambling and luxurious mansion. Why then be surprised if he has totally destroyed that mansion in 4 years? Whereas if the mansion had been given to someone who is house-proud and loves every inch of his home to be immaculate then you will probably find the mansion much better off after 4 years in the care of this person. Nigerians, especially the influential kingmakers and leaders, have learnt this lesson. Even painfully in some cases. Jonathan has totally destroyed Nigeria. There is not a single sector that is sound under him. All those who supported him should hang their head in shame.
PoliticsRe: Kaduna May Just Be Th Next Best Governed State In The Next Four Years by Gbawe: 8:56am On May 24, 2015
@OP.

I too expect El-Rufai to transform Kaduna immensely. Whatever anyone thinks of El-Rufai personally, it would be hard to deny that he is a brilliant man and an inspired solutions provider. Those sort always deliver.
PoliticsRe: Breaking News: Fugitive Nigerian Drug Baron Kashamu Arrested after 7hour Seige by Gbawe: 5:25pm On May 23, 2015
oneeast:
Chei!

Kashimu is not alone in this business! This is vindictive. What about the others like him? tongue cheesy
What is vindictive about this? Is it about "others like him" or about the Nigerians foreign Countries with valid extradition treaty with Nigeria have formally asked us to hand over to them for prosecution?
EducationRe: Let's See How Intelligent You Are by Gbawe: 5:20pm On May 23, 2015
It is 40. All those who said 40 are correct.
PoliticsRe: May The Gods Protect Our President Elect Who Is In UK (enemy Territory) by Gbawe: 12:50pm On May 23, 2015
@OP.

Take it easy. Conspiracy theories are all good and well but they need to make sense also. I really don't see how Buhari is now at the top of the list of those to be assassinated by "America and her European allies" as you put it. Even indulging your assertion, would Buhari not have to lead and perhaps threaten/oppose their interest directly and irrevocably before it is decided he has to go? Why would they assume Buhari is automatically an enemy who must be assassinated?
PoliticsRe: We’ve Saved N29.5bn For Development Of Osun – Aregbesola by Gbawe(op): 11:32am On May 23, 2015
Kasiem2:
Una wan bury gbawe here?
You guys make me laugh. If better folks talk then I will respond. All I see, from the poster who 'resurrected this post to the last poster above me, are the same set of bitter, frustrated SE/SS haters who denigrate Osun and the SW 24/7, with terms like "dirty" and "poverty-ridden" now pretending to care about Osun. I guess this Jonathan loss has really hit you guys bad to the extent you are now obsessed with Aregbe, Osun and anything to do with the SW.

Well, it is only foolish and jobless South-Westerners who will feel they owe you creatures of hate an explanation over the politics of the SW which happens to be the very same region you worthless miscreant hate on 24/7 here on NL. Go and mind your own business and stop acting like vengeful vagabonds all over the place because your messiah lost an election. I don't owe you lowlife an audience same as a black man would not waste his time entertaining racists and white supremacists.
PoliticsRe: The True Picture Of Hypocrists In Nigeria. by Gbawe: 10:28pm On May 22, 2015
gwales:
Gibberish
Frustrated gibberish actually. I don't think I have ever seen this in my years on earth i.e an election loss inducing mass psychosis in so many at the same time. I wonder how long it will take for the post-election 'fever' afflicting some to abate to a manageable level.
PoliticsRe: Jonathan: I’ll Become Peace Ambassador After Leaving Office by Gbawe: 9:41pm On May 22, 2015
Truckpusher:
You really do feel important with your pay per post rants assshole.

I tell you what , I can pay your bills and house you in a decent environment and you wouldn't need to be stuck on Tinubu's asss licking his miserable balls .

Boy, you're one wretched thing , trust me - you can't compare.
Continue with your hatchet job ,you miserable bastard
.
Kai this groupie is in severe pain grin grin grin Perhaps I would not feel so important if people like you don't act like groupies with your stalking antics. Get a life and learn to come here and create your own identity instead of following others around like a lost soul and shamelessly pathetic human being. You don't know it but I can tell you that intelligent Nairalanders can tell you are 'sad' and pitiful. A total loser.
PoliticsRe: Diezani Denied Conversation by Buhari while on Plane by Gbawe: 9:34pm On May 22, 2015
Truckpusher:
Useless paid old rant - I guess Sahara reporters also got a seat close to Buhari the olodo General? undecided
Mr.Groupie how market today? You need to wait in line behind others. Unfortunately, you are not the only desperate and shameless groupie who comes here seeking the attention of other Nairalanders. cool cool cool
PoliticsRe: Jonathan: I’ll Become Peace Ambassador After Leaving Office by Gbawe: 8:48pm On May 22, 2015
gesundheit:
Just because of politics, you call innocent kids basstards. foools and never do well like you are reason condoms should be a necessity for all r3tards that ever attempt the art of procreation.
Please don't mind the fool and don't take him serious. The impotent fool should first even find a woman to accept his wretched and repulsive self before the 'second-round' worrying of how to get her pregnant. Losers like him only come here to wish evil on themselves when they think they are insulting others who God has blessed abundantly. The tramp and dirty Mongrel is always seeking my attention and following me around. Yet I don't sweat it because I can tell my utterances here leaves him in severe pain daily to the extent he must bark uncouthly and in frustration. He is just another pathetic groupie as far as I am concerned.
PoliticsRe: Jonathan: I’ll Become Peace Ambassador After Leaving Office by Gbawe: 8:44pm On May 22, 2015
buharisambisada:
Idiot ,your people are the 419 kings in nigeria they defraud their state and their people they treat them like slaves in this 21st century ,they also purchase women like commodity because they have deprived their people access to basic education so they lack any sense of reasoning.

I know you are the brainwashed type that lack common sense of reasoning,the scale of crime perpetuated by your people with boko haram,the women,and children raped the men killed and those sacrificed as suicide bombers has never been recorded in the history of nigeria all in a bid to get power,your crime is worse than 419 although its still fraud tho because you got power through evil machination,murderer you think we would not know? Or the world would not know ,just so you know you can't do GEJ anything he's been lifted above all that's been before him, the job and honour given to him by the un can not be given anyone from your shithole zone keep insulting him and see where it would take you to,the man has done his part let's see what your so called boko haro can do as for GEJ he has lived a fulfilled life so you can go and die of jealousy,abi you think say UN nah fool why did they honour him it shows you don't think or you might want to cry foul that he rigged it or he bought it just like your pig brainless leader,I know you reason with your anus so i would not join issues with you anymore.
After this rant, reeking of pain and frustration, do you want to bet that your messiah GEJ will not end up a forgotten and discredited 'has been' like Odili? I am happy to take this bet with you if you are game. You guys are too ignorant and unexposed for your own good and that is why I laugh when you mention UN and all that bollocks.

The same folks that bullied GEJ privately to concede defeat and not risk ending up like Laurent Gbagbo are the very same people who quickly showered 'peacemaker' and 'statesman' accolades on him publicly. It is called diplomacy and international relations you simplistic caveman. Such does not mean anyone actually and sincerely rate GEJ or have forgotten his monumental and abysmal misrule that cost many lives and ruined the economy of the biggest black nation on earth. I will leave you to your delusions because you are clearly not up to speed with the 'finesse', patronizing duplicity and double-speak of international diplomacy and crisis mediation.
PoliticsRe: Jonathan: I’ll Become Peace Ambassador After Leaving Office by Gbawe: 8:34pm On May 22, 2015
Truckpusher:
I wonder what you say to those your little bastards at home .
Another 'painment' loser. Pele. No cry you hear. E go better.
PoliticsRe: Diezani Denied Conversation by Buhari while on Plane by Gbawe: 8:26pm On May 22, 2015
Ama80:
He wud have at least listened to her. Wit da attitude, he has already pronounced her guilty. Hypocrisy and double standard. Na yr way. let's see how u treat ur ppl wit corruption tag.
What hypocrisy and double standard? "Listened to her" for what ? Can you not see what should be obvious? Why must she be stalking Buhari and then expecting an audience? We do things without consideration in Nigeria but worldwide people don't like their personal space invaded by obtrusive and aggressive people who are trying to cut corners in a desperate and criminal-like manner.

She has visited Abdulsalami to help secure an audience with Buhari and now this desperate tactics of getting on a flight with Buhari in hope of talking to him? Buhari will not and should not speak to such a person and if your moral compass is intact then you should be happy that your President-elect is upright and has acted this way instead of indicting him of having an "attitude". Already, because they know the reality of Nigeria, some world leaders are urging Buhari to lead without fear or favor and to sanitize the rot in the NNPC which goes to the core of Nigeria's main income and how such was squandered by the likes of Allison-Madueke with no benefit accruing to ordinary Nigerians. Allison-Madueke et al should wait for Buhari to be sworn in and defend themselves officially instead of running helter-skelter shamefully in hope of a soft landing.

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