yinkus6750:

With this local production, PMS shouldn't cost above 300/litre.

I supposed you have an insider knowledge of how much it takes to produce 1 litre of petrol?
If not on what basis do you suggest a 300/litre?

Zionmdde:

Why are they not paid? Is NL not a monetized website? They should be paid and held accountable

The owner is in the best position to answer your question.

CyrusVI:

He's talking about the system and what should be done, not about morals
That he hired Sergio Ramos to defend him in cases that involves Tax evasion doesnt make his claims invalid.
Know the difference

Actually, it makes it invalid.
Unless you believe he loves a distant African country more than his own.
His country has trillions of dollar debt because billionaires like him refuse
to pay tax at the same rate as the middle class. Why isn't he advocating for
blocking tax evasion in the US?

The fact that he is Bill Gates doesn't mean he knows anything about the Nigerian
economy. Going by this statement, he is as ignorant as the average Joe on the street.
He likely picked up the talking point from the various textbook economist articles which
postulates solutions without proper contextual understanding.

The current government even has a dedicated team for tax policy.
If they think they have some novel and effective means of tax collection
aside the import duties and VAT that place heavy burden on the poorest,
then, they should let us hear it.

A fact any reasonable economist won't argue against is that no country has
ever taxed itself out of poverty.
Increased taxation follows economic boom and not the other way around.

Says the man who hires several lawyers to help him avoid tax.

chopnaira:

Investigative journalism is not meant to be one sided.of course he is being bankrolled by some politicians from his hideout in Ghana.

Oh god of journalism, when did you include the bold in your divine rule?
The only thing "journalists" need to do is ensure factual reporting, they are
not under any obligation to help you fight your private enemies.

Zionmdde:
How can you pay people salary for everyday work and they cannot bring sanity to your forum. Seun, I will tell you with my full chest, your mods can block me later

Most of the mods are not paid, they are volunteers.

Ikaeniyan0:
Let's first wait and see if the USA, UK or Germany will arrest Netayanhu

US is not a member of ICC, so Netanyahu is free to visit.
Netanyahu will not visit the UK or Germany.

jmoore:
A refinery of that size should have capacity to fill at least 100 petrol tankers simultaneously.

It is not about number of tankers but the number of independent buyers.
A buyer with 100 tankers is a better client logistically than 100 buyers with 1 tanker each.

jmoore:
Why not make it accessible to all dealers?
Let the least order be a truck of petrol tanker.

The bold would be a logistic nightmare for the refinery of such size.

Anither563:
He should be moderate in pricing but the price must reflect the true cost of production and genuine profit.

You don't need to say that.
He is in business for profit and not charity.

ecolime:

If crude is supplied to him in Naira that means:

1. Sourcing for FCY and exchange rate pressure is off his neck.
2. International shipping fee is off.
3. Customs fees, etc. is off.

Why can't he then sell below international price?

The world will soon see Dangote for who he truly is.

Have you asked yourself how much it costs to ship petrol vs the actual
cost of the petrol itself?

For Dangote to sell below average international price, he must
have discovered a way to reduce his production cost far below international costs.

nony43:




That toilet cleaner can travel around the World for holiday if he or she is a citizen can bank manger do the same?

The toilet cleaner cannot even afford a decent home in all the major cities abroad.

They can't afford to travel back home to see their family.
How can such person even go on vacations?

Being surrounded by wealth doesn't automatically make you rich.

Your brother will be dead soon if he does not separate.
Either the adulterous wife or the Yahoo boy will eventually want
to get rid of the obstacle in their path.
A stitch in time...

patrickcollins:
With current exchange rate toilet clean fit make money than a bank manager

It is not about how much earned but how much is left after essential
bills have been paid.

Difrent:
Even US restricted the movement of CZ until they sentenced him and heavily fined him after asking him to step down and CEO

Soon, may of these tech guys will realize that they can't really do anything outside of government control and will have to play ball eventually.
Once they are done Pavel durov and if God will want to punish Elon, Trump will lose and the bloodthirsty hounds will move against him

US moved against Binance owner, France moved against Telegram owner
but you are here celebrating locking up a mere employee.
Just hope he doesn't die in custody.

The source added that only the Nigerian National Petroleum Company Limited would be authorised to sell the Dangote fuel at the moment.

This is a no-brainer.
Only NNPC can buy high and sell low with subsidy.

hisgrace090:

He just painted it as it is. Nigeria is a place of sorrow.

Another village boy dreaming of eldorado "abroad".

LordBiden:
But sorry a toilet cleaner wont be able to afford a home.

Even if he takes a mortgage it will take him like 35yrs.

Don't mind them.
These Nigerian "abroad" fantasists amaze me.
They would dream up a perfect picture of a country they have never visited and
have little to no idea of how low-wage workers struggle to survive.

Imagine comparing a toilet cleaner to a bank manager?

Earthkumy:


All the protests in Nigeria is foreign sponsored

The more distablized Nigeria is the more they steal our natural resources

You are not a kid anymore.
Nobody is stealing resources.
You either sell or you eat and drink them.

Rapmoney:
Nigerian men compromise too much in relationship and marriage. A man who is educated and financially stable can marry an uneducated and financially handicapped girl but the reverse can never happen.

Have you bothered to find out why such happens?
No financially secure man will enter into such marriage unless they are getting something big from it.

Only in the dream or Nollywood movies can a financially stable and educated Nigerian lady marry a broke and uneducated man.
.

It happens too but not just frequent.

The world will never progress because none of those in that picture
will be able to agree on any issue due to the uncertainty principle

ZaddyJ:

Has Asari dokubo or oba of lagos been arrested ? For their comment years ago regarding dem killing igbos ?

They both have to move to Canada and then issue a direct threat to life against other Nigerians.
This is a Canadian case and not a Nigerian one.

Smithkafors:
I condemn it In totally. This should also be extended to some Tribalist on this forum insulting PO should get ready for prison term if they are not careful.

Factcheck0001:
it should b extended to those insulting tinubu too

Those who insulted Buhari n northerners for good 8 years n also extend d insult to yorubas n tinubu should also b ready to b jailed

It's that simple

She wasn't arrested for insults.
But threat to life.

Even in Nigeria, insults is hardly a crime, let alone Canada.

obamiyi:
Prisoners are not animals. The rate at which the warden are treating this inmates is very unfair. If this is true they should face serious judgement not by demotion but total sack.

Shouldn't you at least be interested in whether the facility has far outgrown its food and welfare budget?

ogolemati:
someone said the only way to make NNPC and all refinery work is to line up everyone in that institution and shoot all of them .employ another set ,if it's not still working shoot all of them again until we get the set that will make it work,if not it's not going to work.its like a drug cartel

Even if you kill all Nigerians, that won't change the NNPC.
We are talking money, you are talking fantasy.

But if oil imports is taking away from NNPC and let it focus on exports and local services, then the
money problems will disappear.

Factcheck0001:
I guess u don't have families in USA n u really don't have his manifestos?

Living in the US or having a family in the US doesn't change the reality.

Trump has never had a manifesto.
He works with talking points. Just like replacing Obamacare with the "best healthcare
plan ever". We know how that went.

And even if he does have a manifesto, he is so incompetent that I wouldn't lose a sleep over them.
This is the same who had both house at the beginning of his first term and he couldn't
build the so-called wall.
He only remembered the wall after losing the house to the democrat.

His most radical idea this time is the plan to deport millions of illegal immigrants.
If it was another candidate, I would take them seriously but with Trump, I laughed so hard.

The only thing that a Trump presidency, which I think is very unlikely, will achieve are core republican
agendas. Lower taxes, scaled back regulations and generally pro big businesses policy. Every other thing he
promises are nothing but braggadocio.

You raise salient points.

But I disagree on point C.

A mineral doesn't necessarily have to be locally useful before it can create real value.
As long as it can be exchanged, then it is useful.
So, the real issue isn't the usefulness of specific minerals in local industries but the net gained in
value from exploiting them when we factor in population.

If a country where to gain massive value from a "useless" mineral through export, nothing stop
such from investing excess export gains into other industries where the country
could have a competitive advantage.

I believe Africa countries generally are not resource-rich due to earnings per capita courtesy
of high populations and not the presence or absence of specific minerals.

The chance of Adeleke's reelection just improved dramatically.

Kobojunkieee:
You didn't bother reading to comprehend, right? You simply wanted to make noise for the sake of it, didn't you?

I specifically stated that any government unable to provide at least one of the following beginning in the very first year is an example of a bad governor. As you indicated, based on even current government revenue, many can provide AT LEAST ONE from that list. So, your argument is null and void from the start abeg!

You obviously didn't understand my point.
It is just like saying that any 10 year old child without a degree and good paying job is a failure.

Your metrics are meaningless in the Nigerian context. Yes, it is your opinion but it is still doesn't make sense.
What I said about waste management is a possibility not reality and definitely not a 1 year or even 2 terms
achievement. Perhaps you have any data to suggest otherwise?

So judging by your criteria, your entire list is impractical.

I find it odd that you latched on to only one point that I think is achievable even though
I didn't include a timeline as evidence of the validity of your metrics.

Oshomole knows that nobody cares.
No voter will change their mind over his comments.
It will all end in online or article condemnation.

Paraman:
You keep on insisting on this your retard comment even though there's a lot of evidence to show more than 7 millions Nigerians are unmetered, some of you things just love to wail

Why is it so hard to understand despite breaking it down for you like a 5 year old?
I generally don't engage your type, so find your way.

Paraman:
More than 7 millions Nigerians are unmetered... All this your slow comments are not important to the discussion

More than 40 million sims are unregistered, so we must urgently save this
helpless victims, perhaps we should hire Indians to come help us complete it quickly.

I understand your frustration, complex issues can be very hard to digest.