₦airaland Forum

Billions of dollars are going missing within the
Nigerian National Petroleum Corporation (NNPC),
which absorbs about half of the country’s total
production of two million barrels per day, reports
Forbes.
Nigeria’s state oil company is riddled with
financial irregularities and governance failings,
according to an investigation by the Natural
Resources Governance Initiative.
Since crude oil sales account for 70% of Nigeria’s
government revenue, the country is facing a
difficult adjustment to the new low price
environment. The price of the benchmark Brent
Crude has halved since last summer, leaving
export-dependent Nigeria with a major budget
hole to fill.
As reported by Forbes, the NNPC has long been a
source of controversy in Nigeria. Last year, the
then-Governor of the Central Bank of Nigeria,
Lamido Sanusi, claimed that $20bn in revenues
from NNPC was unaccounted for.
Some 445,000 barrels of oil is allocated by the
government to NNPC per day through the
domestic crude allocation. It is then sold onto a
subsidiary, the Pipelines and Product Marketing
Company, PPMC. This is supposed to then be sent
onto the country’s state-owned refineries, which
would then sell the refined products and repay
NNPC for the crude.
However, the NGRI says the refineries only take in
around 100,000 barrels per day. The rest is
exported or swapped for other products. The
money enters NNPC accounts and is used for off-
book spending. Between 2010 and 2013, that
spending averaged $6bn per year.
According to Forbes, how this money is spent is
opaque and lacking in oversight. Billions have
been spent on transit and security arrangements,
several of which appear to have been agreed at
very inflated prices.
Nigeria’s new president, Muhammadu Buhari, has
pledged to reform the country’s oil sector and
tackle corruption. Since taking office in May, he
has fired the NNPC’s board, but has yet to
appoint a new minister to oversee the institution.


sunnewsonline.com/new/why-billions-of-dollars-are-slipping-away-from-nigeria/

Freemanan:
YAWNING

I just saw this
LOL

How about I rub your front now?" She said sure, and I got up, my dick coming out from her ass. She turned over, and I again sat on her, this time my dick was on top of her pussy. I had the almost primal urge to slip it in; but I somehow managed to resist. In time, I kept telling myself, in time. I rubbed her chest and fondled her breasts, wringing the nipples. Then I did something I didn;t think about. I leaned my face down and took one of the nipples in my mouth, and I sucked. Her back arched a bite, and she moaned quietly. I licked all around the nipple and sucked the breast, while my left hand worked on her other. She moaned again, and I felt the time was ready. "Kayla, I asked, and I paused for a second, Can I Bleep you?" She stopped moaning instantly and looked up at me. I had thought it was the right time, but maybe I was wrong. My dick was throbbing in need; I physically NEEDED to be inside of her. Her eyes looked straight into mine, and she slowly nodded. I was surprised, and very excited. "Alright, I said, are you one the pill?" She nodded again (She never was much of a talker). I got off of her, and climbed over her. I was surprised how difficult it was to line up my dick with her opening.She helped by reaching down her hand and placing my it at her entrance. I moved my dick between her fingers, and she moved her hand. I looked at her. "This is going to hurt you at first. Maybe a lot." "I know, she said, but I need you inside me. NOW." She said the last word with heavy force, and I didn't need any other force. I pushed the head of my dick into her pussy. It was tight, and there were juices all around making it easier, but ti was still tight, and it felt so good. I pushed a little farther in, until I came to the barrier I had been expecting. I was about to deflower her...maybe this wasn't a good idea. But I couldn't go back now. It felt too good. I backed out and pushed back in a few times, widening the path. Finally, I pushed forward strongly and broke the barrier in one thrust. Kayla shrieked and dug her nails into my hand like claws. I wasn't in far yet, but I couldn't keep going. She was breathing

I no get team last year and I wan get this year ..So,how we go do am??

raheemolamide10@yahoo.com

Thanks for sharing ...Make I send am to bro

Nice one OP

U guys viewing should come out and comment
especially ghost readers. Let share information
.

FriedPlantain:
Opera mini is simply a terrible browser, it is as slow as sh1t when downloading and the picture quality is way below par. Ucweb is the bomb! Ucweb even has a clipboard where you can store lots of texts and use at will unlike that crappy Opera mini.


Abeg guys how una go fit take help me today?
I was downloading this new p0rn made by Paris Hinton some minutes ago and network was really slow. when I suddenly noticed my stomach growling like crazy. I quickly set my phone down and made my way to the kitchen to slice and cook.
After setting the yam on the stove, I jumped on my bed only to notice the movie had finished downloading. I started playing the movie and I gotta admit the sex scenes were really great and didn't know when my hands made way into my pants.


My blockos is itching me like crazy now, I feel like dying,.... . Guys what can I do to stop this.?

Link or ......

tucky200:
U don tok this tin too much..abeg tok anoda tin

Na me like am

freesinzu:
It is called yoruba a language spoken by the vast majority of a west African nation. U find out ur self

Don't mind him ....His moniker (desire) says otherwise

tunnababz:
The most talented African Player ever.

JayJay Okocha....so good they named him twice.

Ask Becham, Roy Keane, Oliver Khan, all those Denmark players in France 98, Ferdinand, Ljumberg. The list goes on.

Even the Great Ronaldinho made reference to him at some point.

I beg to disagree with the bolded part ...Please kindly check George Tawlon Manneh
Oppong Ousman Weah (George Weah) maybe you going to change your thought about Jay Jay

''Weah was a real surprise. I have
never seen any player explode on
to the scene like he did.'' Arsene wenger

sonofananimal1:
WOMEN

THE ROOT OF ALL EVIL

Y na??.... You still show her to me second time

Y na??

Controversy has trailed the death of the Ooni of Ife, Oba Okunade Sijuade, Olubuse II as the Royal Traditional Council,RTC, of the town, Wednesday, said the paramount ruler is alive and in good state of health. The RTC, which comprises of all traditional chiefs and title holders in Ile-Ife, said Oba Sijuade is not only in a good state of health but added that the royal father was preparing for his son’s wedding holding Sunday, next week, in Lagos. Sources close to the foremost traditioner ruler told Vanguard at the palace that the traditional wedding of the new couple took place last weekend in London. Addressing newsmen in the House of Chiefs located within the premises of Ile-Oodua palace of the Ooni, Lowa of Ife, Oba Joseph Ijaodola who spoke in Yoruba, said the report in the media that the monarch died in a London Hospital of an undisclosed ailment,was untrue. Also speaking, the secretary Royal Traditional Council of Ife, who is also the Ladin of Ife, High Chief Adetoye Odewole, said the Ooni is hale and hearty and he even spoke to the chiefs on the phone few hours earlier. Ooni of Ife, Oba Okunade Sijuade He added “those behind the death story are enemies of Ife and as I speak with you, the chiefs have not heard anything like that. This is not the first time such rumour will be carried about our father. “They did it in 1984, also in 2004 and now, these people are coming up with another rumour. Oba Sijuade remains in sound state of health”. Chairman, Ife Development Board, Prof. Muib Opeloye, said Ife as a town with a rich tradition has its way of managing its affairs. Opeloye maintained that the royal father was preparing for his son’s wedding, urging people not to panic and go about their normal daily activities. Meanwhile, the entrance of the Ooni’s palace was shut to visitors, as only newsmen, chiefs and relations of Oba Sijuade were allowed into the premises. Many indigenes and residents of Ife had converged on the palace but were prevented from going in by the guards. Meanwhile, the Osun state government is yet to make official statement concerning the demise of the monarch. But the Osun State House of Assembly has expressed its sympathy to Governor Rauf Aregbesola, state council of Traditional rulers and chiefs, the good people of ancient city of Ile Ife and the immediate and extended families of the late Oba Okunade Sijwade Olubuse, the Ooni of Ife as the great King joined his ancestors. In a statement issued by the Speaker’s spokesman, Mr. Goke Butika, the parliament “in a condolence message by the Speaker, Mr Najeem Salaam “expressed his regret and shock over the transition of the natural ruler to the silent land of his forebear, saying the engine room of royalty and the custody of Yoruba cosmology has just been temporarily grounded by the clog of death”. “We celebrate the life and time of the great king, Oba Sijuwade, attesting that the monarch exuded unique royalty almost equivalent of imperial culture that could not be rivaled while he called the shot on the revered stool of his fathers”. “The parliament then sent its condolence to the governor over the loss of the monarch and prayed that the Supreme Eludumare, the Cherisher of Aiye would rest the late natural father”,the statement added.
www.vanguardngr.com/2015/07/ooni-of-ife-is-alive-says-royal-traditional-council/

Do you not stipulate that the utilization of such grandiloquent dialog impedes the success of rudimentary comprehension, encourages rampant obfuscation, and is the antithesis of social intercourse? Meaning: Don't you think using unnecessarily large or rare words reduces people's ability to understand what your talking about and just clouds the situation?

It can be no other than a maleficent horizontally propelled current of gaseous matter whose propentous advent is not the harbinger of a modicum of beneficence.

Meaning: It is an ill-wind that blows nobody any good

I can't remember where I got them but I wrote them down ...More coming soon

Modified

Supercalifragilisticexpialidocious : something you say when you are not sure what to say

Floccinaucinihilipilification. : when you regard something as not being important

antidisestablishmentarianism :The meaning of this word is the movement or ideal that opposes
disestablishment.

Aequeo- the meaning of this word is equal
Salino - the meaning of this word is containing
salt
Calcalino – the meaning of this word is calcium
Ceraceo - the meaning of this word is waxy
Aluminoso – the meaning of this word is alumina
Cupreo – this word stems from the word
"copper"
Vitriolic – the meaning of this word is resembling

It can be no other than a maleficent horizontally propelled current of gaseous matter whose propentous advent is not the harbinger of a modicum of beneficence.

Meaning: It is an ill-wind that blows nobody any good

I can't remember where I got the but I wrote them down ...More coming soon

I remember some years back when my big brother saw my bicycle,he was like "Ola is this your bicycle??...I remember those days" .I looked at him and told him like u dey craze, people wey old pass u dey ride am (for my mind)

No go better 4 wi fi wey no good ooo ...This small bb no allow me see anything ooo..


No p,I go search their official twitter account on google and read

Will be back to comment

Modified

Tweets there were cool ..Am patiently waiting for next action

Abeg, make I add my SO
I was told to write SO bt I Said I won't write SO SO SO

I thought you guyz said you coming back to comment

Vikkie14:
Your above submission is rubbish. How did Omisore "pushed" Aregbe into spending State Allocations? You dont seems to understand yourself My Brother.
Omisore is a rich dude, and the guy spends

Wont go any further in convincing you.

The point is, AREGBE Mismanaged Osun Money and he should be held accountable for the deaths of all civil servants(both retired and active) in the state.

Nice post but you shouldn't just tag my submission rubbish just because u not seeing things from my own angle. He really pushed Aregbe cos from my own past experiences ACN(APC) didn't use to spend money but when Omisore started sharing things Aregbe knew there was problem so,he started buying things for electorates like rice,giving out money for APC zonal chairmen to lure people to his side.
Next was about road,actually during his first 4 years he did 1 kilometre in every wards in Osun state-stand to be corrected .The project was to last for 3 months but it lasted for 1 year but he didn't come to commission it b4 my good people started using it

Btw : thanks for the enlightenment

WombRaiders:
[img]http://2.bp..com/-2EHJ_F_i6Vg/UpJVSNtpb7I/AAAAAAAAB4s/3ZwxXYGCdBA/s1600/Ogbono+soup.jpg[/img]

Downloaded pic right?? ....If you still thinking about your problems this late that's ur issue ..Abeg I get exams 2mao I wan sleep

jmaine:
Please tell me this was an error .

Sorry, it was not an error

WombRaiders:
[size=18pt]Rants from hunger pangs[/size]

send me your paypal account let me feed you and your entire family tonight

“Now that you’ve made yourself feel more
important, I’m going to go watch some
television.” ...Please get a life than opening threads on Buhari ...PLEASE hmmm and respect yourself cos am not in the mood to beef

BTW: Your moniker shows your poverty level(Yoruba folks), how market??

Next on the topic is the crazy things in I saw in Osun state
I saw things that made me laugh,cry and lose hope in Nigeria because the only dividend of democracy am getting is from my parents salary now on governor is now holding their salary

Firstly, I saw street sellers claiming boss over civil servants.I went to an old friend house and I saw this dirty woman cursing my friend's mother to pay her money that that's the only mean for her to feed her children..It was funny but I didn't laugh because I didn'( want my friend to feel somehow because it been long we talked.

Secondly,I saw his children going round. With little or no hope about future..It been like almost 4 month they went to school where their private school counterparts were going to school..I notice it had little or no effect on them cos they're still going around with things like all is well

Furthermore, I saw civil servant picking of menial jobs to feed their family. Masters holder are now bike man,farmer etc just because of food and needs

In addiction, I knew realities about how hard my parents are trying for us..When things was good it was fun been at home but cos of unpaid salary it was no fun.. I wanted to collect 1k for sub but he told me did I see his car outside that the car #500 fault..He said now before he spend money he had to reason it..People would say Osun people can collect loan from banks but the reality is banks don't borrow workers money again..My dad told me there excuse is OUR OGA AT THE TOP is owning them

Let talk about failed promises. After meeting with NLC people said he was going to pay for two month but the shock came when he paid half a month..Some people received #500 alert and was deducted because of outstanding overdraft ...

Fast forward to my town

I got to my area that evening and I saw dust on my father's car. That said a lot that it been long he took his car outside and what shocked me was he is still using the same car he bought two years ago..This popped the question ..Maybe he is no more in love with cars or our expenses has been too much lately ..When I dropped my bad I put a call out to an old friend and he said he was inside secretariat that I can come and meet him there

I called a bike and off I went to secretariat. The 5 minutes journey was no fun because the bike man was a PDP man,he kept saying things about politics which I was not interested because have missed my friend. The secretariat was a shadow of what I left ..Half was burnt and by the look of things I knew it been a long it burnt,with this nothing was done about it..I later saw my chairman's house and it was a big house indeed

Now,let talk about things in Osun

I read a post here that when Aregbesola came to Ilesa people came out to show love ..It was a LIE ..People came out to see their governor,they came out to see who was around..You know that feeling like I have seen Davido/Wizkid before .So, it was not because they love him.

Let us talk about causes of Osun problem: It not that Aregbesola is a bad man but his advisers failed him. He embarked on projects that are more than Osun money. He thought he was in Lagos that their internal revenue was much,he forgot reverse is the case in Osun state .
Our governor also forgot that PDP was spending federal money during last year election that took him in for second term.. Omisore pushed him with the way he spent money and Aregbesola took the bait and started spending money. I know he did the what he ought to do but he spent a lot money and borrowed in other to compete with federal money

shaddoww:
@op so ur father na LG worker and mother teacher, hmmmmm well make I know ur private University first before I talk

I won't advice my enemies to do that but am still going to do that if u can tell me u don't know some parents can do any thing because of their children??...Well my parents are one of those ...If u read the updates I said crazy things about my school which can be taken up by them(private uni wahala). Pls try to understand. Shalom ...Typing

gbolah1:
Why not finish your story @ once? Or you are making it aa seasonal film?

I don't have time to type all nw

I thought I was free to write exam until when it was announced on wednesday that people on guarantor list should pay if they want to continue writing exam ....I called my dad and he said I should come home that before money he was going to get the money. After my paper on friday I took exit which I had already booked on wednesday evening. I embarked on a journey that I don't know how it was going to be ...I was happy because it almost 2 years I left ...I love spending my holidays with family and friends


My next update will be on Situation in Osun and so on

Situation when both your Dad (local government staff ) and Mom(teacher) are civil servant under current Osun state government

These past two weeks has been one of the longest weeks of my life. It all started when we were about to start exam and my money remained more than #70k(private Uni) ...I called my dad and he said he had no money and the school announced there will be no exam clearance if payments were not made.

I called him again and he told me it been 8 months he received his salary last. I was like are you serious?? (I always know it all thanks to nairaland).He said he was going to come to my school and he really came..

Hmmm, I saw the richest man in my world begging bursar and he was still insisting on NO ..I felt a drop of tear on my cheek ...Father's love indeed ...He went back home without getting the exam clearance for me and after little investigation I was told there was guarantor form in school.. I went there and filled the form. Luckily for me school stood as guarantor for me..I called my dad that all was well not knowing big Wahala/Idamu/trouble was knocking waiting for me to open

More later ...Abeg I no proof read ooo cos I don't want guys here to see me putting my private matter on social media ...We (nairalanders) are family right?

SenJoe:
OP, what are you saying in essence?

Oyind17:
I don't understand him too

Modified