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Dating And Meet-up Zone / Re: *lanicky £ Family ¢hat Thread•••••CoMe In* by Horlawale1(m): 8:05am On May 21, 2016 |
lanicky: Morning dear. How was ur night. |
Jobs/Vacancies / Re: Sumeru Ng by Horlawale1(m): 3:16pm On May 20, 2016 |
Good afternoon guys, please for those that have been there how does it look like, because I just got the invite schedule for Tuesday. What should I be expecting More success to us all 1 Like |
Jobs/Vacancies / Re: Sumeru Nigeria Limited Recruitment by Horlawale1(m): 3:02pm On May 20, 2016 |
Just received an invite now, for the post of a call centre agent. Is there anybody that can be of help in any form. Thanks |
Dating And Meet-up Zone / Re: *lanicky £ Family ¢hat Thread•••••CoMe In* by Horlawale1(m): 8:19pm On May 19, 2016 |
lanicky: Simply because the Lanky fit u better. U are very Lanky girl |
Jobs/Vacancies / Re: Are You Tired Of Staying At Home After Graduating Or Loss Of Job. by Horlawale1(m): 2:04pm On May 19, 2016 |
cv sent. |
Jobs/Vacancies / Re: Good News by Horlawale1(m): 1:58pm On May 19, 2016 |
Done. Just pray is real. |
Education / Re: 18 English Words That Hilariously Mean Something Else In Other Language. by Horlawale1(m): 1:30pm On May 19, 2016 |
lanicky: Yea dear. Don't just like that ic that is in between. |
Education / Re: 18 English Words That Hilariously Mean Something Else In Other Language. by Horlawale1(m): 1:30pm On May 19, 2016 |
lanicky: Yea dear. Don't just like that i that is in between. |
Celebrities / Re: Annie Idibia Steps Out In Multi-coloured Dress by Horlawale1(m): 10:50am On May 16, 2016 |
Cool |
Politics / Logical Reasonings Behind Fuel Subsidy by Horlawale1(m): 9:43pm On May 15, 2016 |
LOGICAL REASONINGS!!! Chief Joseph is a petroleum importer. He imports 10 million litre of petrol at the of cost of N95 per litre. He report to the DPR that he has imported 15 million litres at the cost of N105 per litre, requesting N30 subsidy per litre. DPR sends Mr. Yusuf, an inspection and monitoring officer, to measure and verify the authenticity of the claims. Chief Joseph offered Mr. Yusuf a bribe of the applied subsidy in liew of 1 million liters, which Yusuf reject instantly, requesting that of 3million liters so that, it can comfortably go round to his bosses. Apparently they ended up agreeing on 2.5m liters each. The deal is strucked, Mal. Yusuf and his Bosses ended up with N75,000,000 while Joseph, the importer gain N400,000,000 on the deal They jointly cheated the government the sum of N175,000,000. Finally Chief Joseph divert 75% of the product to the black market and sell at N120 per liter to the masses. Later the government will also pay the cost of transporting 15 million liters to the allocated filling stations across the country. Thats exactly the case of petroleum subsidy in Nigeria. So isn't it better for the government to invest those savings of hundreds of Billions of Naira wasted every year on subsidy, on life touching projects? GOD BLESS NIGERIA #Lalastica# |
Politics / The Opportunity Cost Of Fuel Subsidy Is Stunted National Growth: by Horlawale1(m): 4:11pm On May 15, 2016 |
Even though most people oppose GEJ back then in 2012 due to ignorance and sentiment however I think this is the time for us to get it right once and for all. THE OPPORTUNITY COST OF FUEL SUBSIDY IS STUNTED NATIONAL GROWTH: In 2013 Alhaji Aliko Dangote, the Chairman of the Dangote Group approached the CBN to indicate their interest to invest in refining crude, such that petrol-chemicals, fertiliser and fuel shall be produced locally in Nigeria. The three projects, which are valued at $14 billion (N2.8 trillion), are on course and will commence commercial operation early in 2018. The refinery located within the Lekki Free Trade Zone in Lagos is projected to refine 650,000 barrels of crude oil per day. The Dangote Group is set to unveil the world’s largest refinery which will make Nigeria self-sufficient in petroleum products refining and also become a major exporter of oil. This project will mark a turning point in Nigeria’s search for local refining of crude oil. The fertiliser production aspect of the refinery would be completed by 2017. The time frame for the completion of the Dangote refinery from start to finish is estimated to be five (5) years. And the cost of building the refinery is $14 billion or N2.8 trillion. The irony is that in 2013 when President Goodluck Jonathan performed the ground breaking ceremony for construction work to begin at the $14 billion ( N2.8 trillion) Dangote refinery, the Federal government spent N2.7 trillion on fuel subsidy alone. This was the highest fuel subsidy bill in the history of Nigeria, as it rose astronomically from about N356 billion in 2010 to about N2.7 trillion in 2013 under President Goodluck Jonathan. The administration’s attempt to cut fuel subsidy in January 2012 resulted in a nationwide crisis that crippled the country's economy for one week. Moving on, the Goodluck Jonathan administration incurred over N2.5 trillion in 2014 and 2015 as fuel subsidy bill. If we assumed that the country incurred a subsidy bill of about N300 billion annually from 1999 to 2010, this will amount to a cumulative of about N3.3 trillion in eleven years of civilian rule. From the above analysis, it can be inferred that Goodluck Jonathan administration alone spent in 5 years, twice the amount of money that Obasanjo and Yar Adua jointly incurred as bill for fuel subsidy, in 11 years. Now here is the thing: Dangote is building a refinery complex that will refine crude oil, petrol-chemicals and fertiliser with N2.7 trillion for local consumption and export, under five years. Whereas the federal government in 16 years spent about N10 trillion to subsidise consumption via fuel subsidy. This is excluding the multi billions that was spent on turn-around maintenance of the Port Harcourt, Warri and Kaduna refineries which till date are still operating at about 30% efficiency and installed capacity. Does this make sense? If it doesn't make sense, then let's embark on the long journey of #change to the naspiritual Nirvana, where perfect happiness is guaranteed with no suffering, in a land with milk and honey that overflows........ GOD BLESS NIGERIA. Lalastica |
Education / Re: 18 English Words That Hilariously Mean Something Else In Other Language. by Horlawale1(m): 8:23am On May 15, 2016 |
Lanky as the name implies |
Dating And Meet-up Zone / Re: Drop Your Date Of Birth, You Might Find A Match by Horlawale1(m): 3:12pm On May 13, 2016 |
July 12 |
Celebrities / Re: DJ Cuppy Flawless In New Promo Photos by Horlawale1(m): 2:33pm On May 13, 2016 |
Beautiful |
Politics / Re: CCT: Paul Erokoro Blasts FG ‘For Wasting Tribunal’s Time’ by Horlawale1(m): 12:06pm On May 10, 2016 |
Looters must fall |
Education / Re: First Year GP Of 0.7, Am I Worthless? by Horlawale1(m): 10:44am On May 10, 2016 |
You are wat u think you are Secondly, quit nairaland for now it can be a destiny killer. |
Culture / Re: Oro: Curfew To Hold Tomorrow In Ikorodu,lagos... Women To Stay Indoor by Horlawale1(m): 10:35am On May 10, 2016 |
Culture / Re: Oro: Curfew To Hold Tomorrow In Ikorodu,lagos... Women To Stay Indoor by Horlawale1(m): 9:09am On May 10, 2016 |
Berlyn: Lolx as expected... Since u are my friend already and u don't av any of ur contact, can u do me that favour and let me have. Please nairaland is not part of it. Ladies and their epic response |
Culture / Re: Oro: Curfew To Hold Tomorrow In Ikorodu,lagos... Women To Stay Indoor by Horlawale1(m): 10:55pm On May 09, 2016 |
Berlyn: Have been in search of an Ikorodu friend on this platform, if u don't mind we can be friends. As for tomorrow, just leave wat belongs to ceaser to ceaser. My 2kobo advice |
Education / Re: Why You May End Up Not Practising The Course You Studied In School by Horlawale1(m): 6:44pm On May 09, 2016 |
Hmmmmmm. Life of a typical Nigerian graduate. |
Politics / Re: Fuel Scarcity: DPR Warns Marketers Against Diversion.. by Horlawale1(m): 3:16pm On May 09, 2016 |
Awa arawa lan fiya jerawa (we are the architect of our predicament). My own be say GOD BLESS NIGERIA...... 1 Like |
Career / Re: Sharing Your Salary Information With Friends And Family, Good Or Bad? by Horlawale1(m): 10:54am On May 05, 2016 |
Still learning. |
Career / Re: 20 Ways To Be Indispensable At Work by Horlawale1(m): 8:03am On May 05, 2016 |
And after all this, one little mistake and u are gone. It's well. |
Business / Re: Exclusive: See Where Nigeria, Africa’s Richest Men Were Spotted (photos) by Horlawale1(m): 8:36am On May 01, 2016 |
I love money. |
Education / Re: Odukoya And Agbaire Win Linux Scholarships by Horlawale1(m): 9:31am On Apr 30, 2016 |
Great |
Politics / Re: Saraki's CCT Trial ; Latest Proceeding Delay Tactics Thrown Out... by Horlawale1(m): 1:26pm On Apr 28, 2016 |
Y now. This Saraki is so corrupt. Let's finish with him first and we come back for umar. #Teamtrialmustcontinue# 1 Like |
Phones / Re: Airtel Female Marketer Displaying Her Panties Via A See-thorough Outfit (photo) by Horlawale1(m): 6:28pm On Apr 27, 2016 |
Time End |
Jobs/Vacancies / Re: Job Seekers: What Course Did You Study by Horlawale1(m): 7:38am On Apr 26, 2016 |
Bsc BOTANY, GRADUATE FROM NIGERIAN INSTITUTE OF MANAGEMENT CERTIFIED HSE1,2&3 HOLDER. |
Webmasters / Re: What Is Work Of Website Designer And Website Developer? by Horlawale1(m): 6:31am On Apr 26, 2016 |
swtdrms: Well said. Can u be of help in any form. |
Romance / Re: Guys, Can You Ever Be Faithful To A Single Girlfriend? by Horlawale1(m): 6:38pm On Apr 25, 2016 |
mimzy: Babe u are beautiful. |
Jobs/Vacancies / Re: How To Write EFCC Application Letter by Horlawale1(m): 9:56pm On Apr 24, 2016 |
kelechi50: May 20th |
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