₦airaland Forum

Jakumo's hatred of Adeboye is fine by me, I do not particularly like the man, it is his hatred of Buhari and support for GEJ that grates, he definitely does not like the Northern people, his name is deep Yoruba but we know that that could be a ruse.

They are wasting their time, the banks could say there is access to their money via their online banking system and I hope they read the fine prints when they were opening their accounts, this is force majeure.

Nchara caught in a lie again, o ga o.

@Muami

The shudown is meant to be today I believe, I personally do not want any shutdown, let GEJ swallow his pride and work with Labour to resolve this issue, it is in his interest and the interest of the nation, the goodwill he had in the SW is already squandered and once you lose it here, you lose it for a long time.

It is your prerogative to believe whatever you like, my own standpoint is I can not take the words of a typical Nigerian business man as gospel truth, there are NDAs and other sorts of agreements that debar people from divulging information.

Why should Nigerians pay more for fuel than Americans with far less in earned income?

@Nchara

Please stop twisting my words, I had doubts that she could buy a 1.2billion naira house, that was why we argued for long on another thread, the point I am trying to make is not to believe whatever anybody says until it is confirmed by a trusted third party.

The title is misleading, they are still part of the Strike, they are just not going to protest, that is okay by everyone, people should be peaceful in whatever they do, the rights activist on the other hand can still decide to lead protests, they should just make sure it is peaceful.

The problem with this man is that he is turning BH into some Christian versus Muslim thing whereas BH do not discriminate, they kill all. The guy given 100 million naira was not a member of BH, he had every right to be compensated, why is a Pastor spreading falsehood, I do not reckon with someone like him and the earlier CAN get someone from the orthodox church who knows what diplomacy and building bridges is all about the earlier.

@Nchara

Bone that thing, this is Nigeria and anything goes, it is highly possible they did not sell the property to her but we can not trust them, they can be bought off.

@Jacobs123

We dey craze to dey give anybody 40% of our oil? The JV is 60:40 for exploration cost not for sharing the booty.

The thug issue was refuted even by someone on Nairaland, the violence actually occurred because one of the protesters attacked a policeman. It was Fashola that personally asked that those arrested should be released, he had to appeal to the Nigeria Police, people are allowed to protest but you are not allowed to be violent, the occupy protests have been peaceful in Lagos with pockets of violence here and there, once a protest goes violent, mobile policemen will start shooting. Let the Lekki guys now raise a committee to discuss with the government on reducing the toll, please note that Fashola provided the infrastructure before tolling it.

SLS has been saying the right things all along, he is for subsidy removal and for corruption removal, only one can be done by this government, my question is how long can he stick with GEJ knowing that the government is very very corrupt.

@efisher

Possibly, but we would have the infrastructure in place before such an increase.

Someone should tell Ngozi Okonjo Iweala what diplomacy is, she is bringing up the name of a country that Nigeria has diplomatic relations with in a pejorative manner, she should stop using Greece as an example, they can hear her unguarded statements.

@jmaine

Lekki protesters were beaten when they attacked the police men, you know that anywhere in the world, attacking a policeman will be met with considerable force. On topic, GEJ has no right to dictate to Fashola and if he tries to declare a state of emergency, he will be taken to court and will lose, he will also lose the goodwill of 18 million people.

Corruption can not be fought under Jonathan, we are wasting our time if we expect Jonathan to close the loophole that was used fund his elections, he is not that honorable, the only thing that will stop corruption is to vote in people with anti-corruption credentials, we know who they are, we should get ready for 2015.

@CD

Let it rest, the act of January 1966 caused far more wahala than it tried to solve, the guys should have spread their killings evenly, a General is meant to shiver at the sight of a premier, the premier represents the people.

@Jakumo

That got me laughing, you are a good guy most of the times, though you do support GEJ and hate Buhari which I think is abominable but, one's man food is another man's poison.

Simple Computation for derived constituents of a barrel of oil and prices


PMS ========> 19.65 Gallons or 70 liters@ 141 = $64 @ 155Naira to the dollar

Diesel========> 10.03 Gallons or 38 liters@165 = $40 @ 155 Naira to the dollar

Aviation Fuel====>4.07 Gallons or 16 liters@170 = $16 @ 155 Naira to the dollar

Others========>8.25 Gallons or 32 liters@250 = $51 @ 155 to the dollar

GRAND TOTAL made from a barrel of = $181

Crude Oil price====> $110 + total cost of refining including profit = $143

From the above, locally refined products can be made cheaper even if crude is sold at internantional market rates, please note that the cost of Others is on the conservative side as we all buy our lubricating oil at over #900 per liter for the cheapest and #2500 for the very good ones (Mobil One for instance).

@debosky

I believe we can refine 450K bpd in Nigeria going by the capacity of those four refineries, with all four refineries working at maximum capacity, we will have more than enough for local consumption and will be able to export. We need someone to give us a breakdown of the constituents of a barrel of oil as itemised below.

PMS ========>

Diesel========>

Kerosine======>

Cooking Gas====>

Aviation Fuel====>

Others========>

I believe the other constituents can subsidize the cost of PMS.

@Jakumo

Buhari has occupied the following Post.

1) Governor
2)Minister
3)President and Commander in Chief

As SLS asked those vilifying him what posts have you occupied.

@Toba

I am not in support of this plan without other things being in place, but the North contributes up to 40% in GDP via agriculture.

The problem with government is trust and corruption, before the government exposes us to monopolists and sharks, we need them to be transparent. I do not much agree with ekt on economic policies as he is a no holds barred capitalist, but on this, he is right (can we truly know what it costs to sell a KW at profit?).

Bravo fork addict, bravo.

@JP Phillips

The whole of your tirade is against Sanusi, the only man who has spoken the truth about the scam going on in the Oil subsidy business and the man that assured that bankers still had a job, if you knew what Soludo's tolerance did to the banking sector, you will not be typing this rubbish, is Obama also responsible for the recession in the US?

@Karl Max

It takes a constitutional review for the sharing formula to be changed (Senate, House of Reps and State Assemblies), keep lying and I will continue to expose your lies. GEJ is not giving any 56% to anybody, that is a bare faced lie.

The governors collect about 25% of the allocations, the Federal collects 56%, who is our problem again?

99.9% link please, not most, 99.9%. Remember you are speaking to Mandela and when an old man asks for facts you should provide the facts.

@Nchara

I meant are not on loans and paid for by the government, that was a mistake. You are a professor? Bros, anybody can claim anything on the internet, oya, I am Obama's, infact I am Mandela.

@Nchara

Can you substantiate your assertion that 99.9% of people doing Masters and Phd are on loans, I know Americans who paid their way for those things, can you just give me a link?
I have defended all tribes on here, you have always attacked others and defended only your peeps. I have said it several times, it is highly likely she did not buy the house, but, telling me she can afford it on her salary is a big fat lie abeg.

@Nchara

Can you substantiate your assertion that 99.9% of people doing Masters and Phd are on loans, I know Americans who paid their way for those things, can you just give me a link?