augster:
boss i tire...make i just see person wey go buy my own

kullozone:

I got a neat one though! But am in lag.

Boy101:
Thanks for the enlightenment. I know someone this same incident has happened to although in a different manner but it was done by a preacher, the poor lady ended up selling her Gold and other effects to meet up with his immediate spiritual demands to make it to the next year.

Sankabson:
Similar case happened to a female friend of mine last week. She went to the ATM point to get some cash,immediately she finished some 2 guys approached her that they're going to one health centre around the area and she replied she doesn't know. That was the last thing she remember.

They collected the ATM card from her with the Pin and withdrew all the money in the account with the cash she had with before +2 phones..

She said they're forming like a prophet or something. Those ole have confirm juju!!

salam4ngy2k2:

History Of Fuel Price Increase in Nigeria

Gowon 1973........................................ Increase from 6k to 8.45k
Muritala 1976 .......................................Increase from #8.45 to 9k
Obasanjo Oct 1978 ..............................Increase from 9k to 15.3k
Shagari April 20 1982........................... Increase from #15.3k to 20k
Babangida March 31 1986................... Increase from 20k to 39.5k
Babangida April 10 1988...................... Increase from #39.5k to 42k
Babanginda Jan1 1989.........................42k to 60k Private vehicle
Babangida Dec. 19 1989.......................Uniform price 60k
Babangida March 6, 1991 .....................Increase from 60k to 70k
Babangida 1993.....................................Increase from 70k to #5
Abacha Nov. 22 1993.............................Drop from #5 to #3.25k
Abacha Oct 2 1994............................. Increase from #3.25k to #15
Abacha Oct 4 1994..............................Drop from #15 to #11
Abdulsalam Abubakar Dec. 29 1998 ...Increase from #11 to #25
Abdulsalam Abubakar Jan. 6 1999...... Drop from #25 to #20.
Obasanjo June 1 2000 .........................Increase from #20 to #30
Obasnjo June 8 2000 ...........................Drop from #30 to #22
Obasanjo Jan. 1 2002.......................... Increase from #22 to #26
Obasanjo June to Oct 2003.................. Increase from #26 to #42
Obasanjo May 29 2004......................... Increase from#42 to #50.
Obasanjo Aug 25. 2004 ........................Increase from #50 to #65
Obasanjo May 27 2007......................... Increase from #65 to #75
Yara dua Jun 2007................................ Drop from #75 to #65
Jonathan Jan1 2012.............................. Increase to #138 to #250
Jonathan Jan 17 2012........................... Drop to #97
Buhari......................................................

oduastates:
Many people dey fall my hand.
Ekwesili is even using Russia as example.
That is a country with over 12 times the landmass of Nigeria. a country as scientifically and technologically advanced to rival any on the planet.
Russia has the Base to produce most of what it consumes ; if not all.
All they had to do is reduce or restrict imports and look inwards.
Honestly speaking, the Nigerian non-economy built on the foundation on corruption need to be dismantled first and rebuilt.
In a country with this much poverty, can anyone explain why prices rival those of more advanced and richer countries?
I support the restrictions are in order.
Look inwards

salisy:
Directionless CBN


Trying hard to bring PMB down

DeviIhimself:
[s][/s]

declare sylva winner?

oya declare him naaa or let Buhari declare him if he get liver

why are apc so daft like this?

you must be a dreamer i guess you're still recovering from the loss

btw no oyel state for hapecee

vascable:
please guys help a bro out... pls

nne4:
Hi, I need an experienced writer to write 1500 words on health niche. Send email to destyhealth@gmail.com

Marketers stop importation over subsidy fears
By Adewale Sanyaolu

DESPITE receiving N413 billion in subsidy claims, petroleum marketers may have suspended fresh im­portation of petroleum products, Daily Sun learnt yesterday.

The development, ac­cording to some import­ers, who pleaded not to be named, may have been re­sponsible for the unabated fuel scarcity nation-wide.

Indeed, some marketers told Daily Sun yesterday that the scarcity could linger till February 2016. Specifi­cally, they said the alleged plan by the Federal Govern­ment to remove subsidy on petrol next year and com­mence full deregulation by January 1, is already caus­ing ripples among market­ers.

The marketers, who claimed to be in full sup­port of the deregulation of the downstream sector, lamented that the secrecy surrounding its implemen­tation and take-off date is already causing uncertainty within the sector. “Market­ers are not against deregula­tion. But deregulation must be planned for. It must not be a hasty decision. We are entities that invest a lot in importation of petroleum products. If a decision that is to affect us must be taken, then, we must be taken into consideration. For now, un­certainty pervades the sec­tor,’ ’an importer said.

A source said Nigerians are not considering the va­garies involved in deregula­tion. There are speculations that with deregulation, a li­tre of petrol would sell for N97, which is a possibility on one hand. But consid­ering the current price of crude oil which sells for about $38 per barrel, what if this price slides further in the weeks to come and the permutation declines to less than N87 for a litre, who bears the loss?

The source said all these certainties surrounding the downstream sector have further dealt a debilitating blow on the current fuel scarcity. But the Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, in a swift response to douse tension on the plan to increase petrol price to N97, denied such intention by government. Kachikwu, who is also the Group Managing Director of Nigerian National Petro­leum Corporation (NNPC), however, advised Nigerians to dispel such insinuations

He said the discourse has long left the realm of subsidy removal to a more scientific price modulation approach which entails an elastic price mechanism regime to be reviewed pe­riodically to reflect the pre­vailing international price of crude.

He explained that when operational, the novel price modulation system will place a N97 per litre cap on the price of fuel to ensure that Nigerians are insulated from the vagaries of the global crude price.

“I did not say that refined petroleum products will sell for N97 per litre next year. I said between a band of N87 and N97 we are going to be looking at prices and today, the prices are largely close to N87. So, there is no need to change the price,’’he said

The minister noted that to determine the price of pe­troleum products in future, the Petroleum Products Pricing Regulatory Author­ity (PPPRA), will under­take quarterly review of the crude market situation.

“I have not put a static figure. PPPRA will have to do the cal­culation to be able to announce what price of PMS (petrol) will sell for in January; but we do not anticipate any major shift because of the price of crude today,’’ he noted