Who doesn't know that El rufai is a bigot?is just so sad that the man is still moving round without any hindrance he is suppose to be in kirikiri for telling lies and inciting so many to violence,I know that his end will come soon.

ABUJA — The Federal Government, yesterday, decried the increase in pump price of petrol in many filling stations across the country, warning that any petrol station found to be selling above the normal pump price of N97 per litre would be tagged a saboteur and such station will be sealed.

In an interview with Vanguard, Senior Special Assistant to the President on Public Affairs, Dr Doyin Okupe, said government was doing everything to check the trend.

Dr. Doyin Okupe

He was reacting to the sale of petrol in many filling stations above the official price of N97 per litre.

According to Okupe, “the official price is N97. Any one who sells above that is a sabotoeur. The Federal Government will continue to seal off outlets where such happens. Very soon the Federal Government will clamp down on those who hoard.

“We also appeal to those hiking prices and hoarding to stop. It is wrong and the interest of the masses should be considered. The Federal Government  is doing everything to stop the trend. Nigerians are assured there is no hike in pump price any where.”

Explaining why some marketers sell above the official price, chairman of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Delta State, Mr. Akpoviri Edafevwotu, who spoke to Vanguard said: “We sell at government approved price of N97, but the problem at the moment is unavailability of the product.

“Sometimes, people buy from owners of private depots and the landing price is N110. By the time you put together all the logistics expended and under such a situation, it is difficult to sell below what you purchased.”

Edafevwotu, however, said filling stations that get supply at official price normally sell at N97, adding that in PPMC, they might programme that they would load 50 trucks, but at the end of the day, only five to six trucks are loaded and the scarcity remains.

The Delta IPMAN boss explained that on the average, an independent marketer spends about N3 million to buy a truck of fuel with a profit margin of between N5-N6 per litre allowed by the NNPC. “

He said: “His total profit on a truck of petrol is about N180,000 and he sells at N97 per liter because he bought at the official price, but when the petrol is sourced outside PPMC at higher price, it becomes difficult.

“That is where the problem is. If you go to some private depot owners, I do not want to mention names, but whatever names I mention is verifiable, they sell at N100 per litre to independent marketers. Therefore, an independent marketer cannot buy at that price and sell at N97 after incurring other expenses. He then appealed to the government to ensure that more refineries come on stream to meet the demand for petrol in the country.

Managing Director/Chief Executive Officer of Matrix Energy, Warri, Mr. Abdulkabir Adisa Aliu, denied the allegation that, as a depot owner, his company was selling above N100 to independent marketers. His words, “We have not sold above government price to any person”.

He, however, made a disturbing revelation when he said: “Matrix has not sold petrol since August. That was the last time we got product from PPMC.”

An industry source told Vanguard: “You can imagine what it means if a major depot owners got supply last in August.”

Mr. Aliu said: “We sold our last product at N87 and the last time we imported petrol into the country was in May. We have stopped importation for now and the same goes for most other companies because of non-payment of subsidy for the ones we purchased previously.”

He said it was a known fact that there was no scarcity of petrol in the country in the years, 2010 and 2011, but the scarcity became outstanding this year because of the removal of subsidy, the corresponding strike by the union, which lasted until March.

The Matrix Energy boss said the Federal Government Technical Committee on Payment of Fuel Subsidies, led by Mr. Aigboje  Aig-Imokhuede was subsequently  set up in April, but even at that, companies, which imported fuel the previous months were still  groaning under debts from loans taken from banks because they had not been paid.

He said it was uncertainty and huge debts that made most of the companies to cut down drastically on their fuel importation, adding, “If I borrowed N3 billion to import fuel and the banks are after me to pay N50 million interest monthly, you know what that means”.

With the huge demand of fuel in the country, he said he commended the present management of NNPC for being able to sustain the present level of supply.

He said, “At the moment, Matrix Energy Limited does not have petrol in its stock, so it is not even a question of selling above the recommended price. When we have, we sell at ex-depot price of N87. It is wrong for  any person or  company to buy at official price and sell above pump price of N97”.

“I do not see why government should pay subsidy to those who sell at above official price”, he added.

Abuja - President Goodluck Jonathan on Tuesday vowed to recover all funds stolen by marketers from the petroleum subsidy scheme.

The president also warned that corrupt officials and fraudsters in Nigeria would not be spared as culprits would be severely punished to serve as deterrence to others.

President Goodluck Jonathan

Jonathan gave the assurances and warnings in Abuja at the launch of a Book titled; “Reforming the Un-reformable” written by Dr Ngozi Okonjo-Iweala, Minister of Finance and Coordinating Minister for the Economy.

According to him, government is taking every measure to recover all stolen funds from those who defrauded the government in the Petroleum Subsidy Scheme.

Jonathan, who was represented by Vice President Namadi Sambo, said his administration was committed to various sectoral reforms aimed at creating jobs for the unemployed youth across the country.

“Let me assure you that my administration is not only committed to reform, we are indeed building on some of the reform measures initiated by my predecessors.

“On the governance front, we are going after those who commit various economic crimes and corrupt practices with impunity.

”As you may be aware, government is taking every legal measure to ensure that those who defraud the government in the petroleum subsidy scheme are made to pay back the stolen funds, and also are severely punished.”

He further restated the administration’s commitment to diversifying the nation’s economy, with particular emphasis on agro-business and value addition in the exploitation of other resources to generate employment and create wealth.

On the Book launch, Jonathan commended the author for documenting some of the important reforms embarked upon by government.

“On a personal note, I see this publication as an attestation of patriotism on the part of the author. As an administration, we shall always support such enterprise, for the purpose of setting the records straight.
“The central message of this important book is hope - hope that Nigeria can reform, and grow to become one of the world’s most dynamic economies.

“In the past, there was a lot of cynicism about Nigeria. Many people claimed that the political and economic institutions of this country could never be reformed.

“I commend this book for documenting some of the important reforms, which have occurred in Nigeria since our recent democratic transition.”

The president frowned at the situation where Africa’s history, economic challenges and progress were being written and narrated by foreign authors.

He, therefore, stressed the need for African leaders to invest more in writing about their experiences for the general good of the continent.

Jonathan congratulated Okonjo-Iweala for contributing richly to the advancement of governance scholarship.

“I am aware that many people may have read about Nigeria’s debt relief from the Paris Club, about the privatisation programme, or about the establishment of the excess crude account from newspapers.

“In this book, you will find a concise, well-organised discussion of all these policy measures without the big, technical, ‘grammar’ and jargon.”

He, therefore, urged State Governors and Local Government Chairmen to avail themselves copies of the book for smooth implementation of the reform programme at the sub-national levels.

Earlier, Okonjo-Iweala stated that the essence of the book, which took her four years to complete, was to engender hope in Nigerians.

She said the book was also meant for Nigeria to learn from her past experience to shape her future, saying that the book was not her biography.

Professor Paul Collier of the Oxford University, South African Minister of Finance Pravin Gordhan and Gov. Peter Obi of Anambra, who reviewed the 198-page book, all identified sound rules and effective institutions as the important pillars for sustained economic development. (NAN)

http://www.vanguardngr.com/2012/10/jonathan-vows-to-recover-stolen-subsidy-funds/

Barywhyte:

That's it? Huh? Thought u will give me 2 or 3 examples of stories published by Sahara reporters which were later proved untrue. What about premiumtimesng? Nothing to say about that?

All these news agencies dont mean well for the country,tell any positive report they have ever written on Nigeria,does that mean that everything thing is bad in Nigeria?i wont believe their stories...

Barywhyte:


Don't b lazy! Search the archives of saharareporters.com and premiumstimesng.com for those stories.

Sahara reporters with all their big lies,anything from Sahara reporters is just a compound lie they have nothing to offer but lies...

Barywhyte:

1. SNG $50,000 bribery allegation shortly b4 2011 general elections first reported by saharareporters and later confirmed by Tunde Bakare and other SNG officials

2. Malabu oil scam whr Jonathan unilaterally transferred several billions of dollar to many fictitious oil companies without traceable addresses and no sign of registration with CAC, with active participation of Mohammed Adoke and Shell officials. First reported by premiumtimesng earlier this year.

3. What about $7,000 bribe given to participants in PDP primary conducted in December 2010 by Jonathan handlers? Atiku dolled out $5000 tho

4. What about money laundry levelled against Madam Jonathan, by EFFC, way back in 2006 when she was caught with raw cash being flown abroad? Is that not a serious blemish on da image of GEJ.

It is not enough to be pointing fingers but the truth is that this guy isn't in a position to fight against his own house. Why is this presidency not prosecuting subsidies thieves and pension scams beneficiaries? Why must we b paying huge amount of money 2get a litre of petrol in a country where crude oil flows effortlessly?

The same mentality that created a problem will never be instrumental in bringing solution to it.

Sources nko?

Brother from aonther mother indeed,has Dino Melaye ever given his wive that amount of money or his constituency when he was a member in the house of reps?Sincerely this is heartbreaking and diappointing,this is just a hue cry of a drowning man,Dino should just accept this pregnancy and bury his head in shame...

Demdem:

am not blind nah, when i see i appreciate no matter what. When power was improving under Barth, i saw and publicly appreciated it now that its nothing to write home about will soon lauch my attack viciously. Thats the language our leaders understand.
Gone are the days of prayer, prayer, prayer. Curse their damn lineage invoking the Ogun, Amadioha etc and they will wake up.
Not moved by promises or paper developments, am moved by what i see.

Sou think reining abuses on govt officials will wake them up?

Demdem:

Of cos we can call him whatever just like any other leader of ours currently being called names. he isnt the first and wont be the last. Besides, am the first to appreciate him on this thread.

I am very surpise that Demsem is appreciating something good today,na wah oh....

Barywhyte:


This President is known worldwide for saying the right thing, especially about corruption, only to come back and do the wrong thing (cover-up). How can u fight corruption when you are a direct beneficiary of it? When you have got a lot of allegations of corruption hanging on your neck and you are not out of it huh?

Name the allegations hanging on GEJ's neck,i dont think he is involve in anyway...

This is an indication that GEJ wants to sanitize the the petroleum sector which is alledgedly marred by corruption,i think GEJ should be commended for choosing someone from the oppositon to head the commmittee,and i know that heads will roll at the end of the day.Haba,is this not a step in the right direction

Demdem: Welldone Retardeen.

Call him whatever he is making waves..

And some people will say that GEJ is not doing anything,the guy is making history getting commendation and honour all over,well done Mr. President.

This is an honour not only to GEJ but Nigeria,a forthnight ago he was also honoured in Niger Republic,it shows that he has someething to offer,we must always learn to appreciate our leaders if not others will appreciate them the more than us.

Terrorism is a global phenomenon its not only peculiar to Nigeria,its a fight for all and sundry we must be careful how we make some careless comments abt the govt cos we are also part of the govt,almost all the countries in the world are battling this evil menace called terrorism,i dont know what we always expect the govt to say whenever there is an attack.We easily forget things here in this part of the world,there are some successes recorded so far if we are to be fair,we must learn to encourage the govt to do rather than to be criticizing it.We must all stand and fight this evil..

I will surely vote for him

salaksmana: Kai, this soldier dey vex.

This is the best GOC in Nigeria,political thugs pls stay away if you want to live long,the riot act has already been read,I know no no dey oh....besides this,we want a transparent process and a credible election

How abt a listening President who gives room for public opinion,he is also gentle,humble and calm,when he had the opportunity to clinch power when his boss took I'll,he kept a low profile and waited for his time,what more do we want from this man,I believe in few months to come Fresh air will be on everyone's lips...

banki: please spare me... you didnt show us any link, why are you on his facebook page, how come your not condeming the present government on the lie that they told that patience went to rest insetad of admitting that shes ill,why ddont you staart a thread on the fg lying that they have fixed hospitals in nigeria while the first lady goes abroad for treatment.

My brother you are looking for a link,pls go El rufai's wall on facebook go and see how people are so angry with him because of the lie he told,he just embarrassing himself on the social media

[quote author=banki]please spare me... you didnt show us any link, why are you on his facebook page, how come your not condeming the present government on the lie that they told that patience went to rest insetad of admitting that shes ill,why ddont you staart a thread on the fg lying that they have fixed hospitals in nigeria while the first lady goes abroad for treatment.
My brother you are looking for a link,pls go El rufai's wall on facebook go and see how people are so angry with him because of the lie he told,he just embarrassing himself on the social media....

I never knew this twitter Mallam has such a bad heart until now,I could vividly remember when GEJ sympathised with him during his moment of trial and today just look at the lie he is telling,everybody knows how the first lady was warmly received but he is angry that Dame is hale and hearty,GEJ abeg just give this man one appointment he will start singing a different song,but sincerely el rufai has become a nuisance and he is loosing his credibility daily.

I never knew that our first Lady is loved this much,after been away for some weeks,resting and receiving medical attention,all speculations ended when the first lady with smiles all over her face walked down from the Presidential Aircraft.My joy is that we are beginning to empathise with people in all situations this is what is expected from all of us Nigerians because we are all one.Welcome back Mama we are all glad to have u back.

Mama oyoyo,we are glad to have u back......

No be Naija we dey,the same people Wei go Mimiko rally na them go ACN rally,but from all indication the orange party will carry the day and Lai Mohammed go come out with big grammar

Neversaydie: It pays a lot to be a listening leader.... Good one GEJ

And sincerely GEJ is a wonderful example of a listening leader lets give that to him,we have never had leader that abides by the laws of the land like GEJ.

No matter the grammar we are speaking,the point still remains that Dino Melaye is a not a saint he should comeout and deny all these allegations if not he is a gonner nobody will ever take him serious,he has a lot of questions to answer.As for el rufai he can't deny his friend they have so many similaries with Dino notably noise making.

pretty_boi:

My man....you can leave all these judgemental jerks on nairaland to keep judging. That's a very common trait of most Nigerians. Jumping to conclusions even before you're totally sure of something. It's this same judgemental attitude that led the people in Aluu community to kill those 4 young boys. We feel we know too much. Who on this forum has 100% proof that Dino Melaye is guilty of what he's being accused of? So because someone calls you a thief,it automatically makes you a thief? Gosh,we Nigerians can be so foolish. The screeshots of el-Rufai's tweets are still up there & people still can't read them without being sentimental or judgmental. Where on earth did el-Rufai outrightly say Dino Melaye did not do anything for certain? Or where did el-Rufai say he's supporting Dino Melaye? El-Rufai only implied that people should always remember that there are two sides to every coin & so rather than being judgmental & jumping to conclusions,take some time out & be 100% absolutely sure about something before judging. Poverty causes so many Nigerians to be so primitive. Gosh!

So Dino Melaye's wife and Brother in law are now liars abi?if these two people who are very close to him believe the scandalous story who are we not to believe?Nobody is judging Dino,he just shot himself on the leg period....

informatix: Bele or no Bele by Hon. Dino Melaye we stand. Bele is his personal issue despite the mojisola issue obj. Is still our mentor. Beside even Justice Okputa said Area Father charlie boi is a Good son of his.

If your definition of mentor is Dino Melaye,I will rather remain mentor less,a mentor is a role model in all ramifications not someone that always swims in controversy.U better change your direction and look for a better person as a mentor,if not you will always miss your way.

Demdem:

U cant even comprehend ur own post. How does this contradict what was presented inside the document presented?

I like Gbajabiamila's sincerity,but if my dictionary is anything to go by,misconduct,sanction,unethical are serious words oh,whether it was 20 years ago that document is still in Gbajabiamila's file I can bet u if were to be in the US he wouldn't have been a member of any house this is so sad because his special assistant on public affairs Demdem is fighting tooth and nail to keep his job...this is so sad...

Idokojimmy:
Do people still reason like this? Why didn't the girls accuse you, Tambuwal, Elrufai, Kayode and the rest? Is Dino more vocal than them? Is he more wealthier than they are? Why has Dino not openly deny having any form of relationship with them? Why has he not initiated Paternity test? Pray it doesnt get to your sister, cos the way Dino is going, we don't know who the next victim will be.

hmmmmmm,you have just sharpen my thoughts too,these are very pertinent questions,Dino Melaye has a cae to answer...

taharqa: @OP d problem wit this kind of criticism is that they are too general and meant to be loud, wit little specifics to go wit - the purpose is just to criticize, which on its own is usually not very helpful. For an article this long, no analysis of d travels and why they are unnecessary, hence wasteful was made. The general theme running tru is that the amount of money spent by d president was too high( according to the writer) without giving us d critical info on whether the travels( or at least sm of them) are necessary.. Anyways, since the article seem to be suggesting that d president tk cognizance of the monies spent on these travels, I want to agree wit d writer only to dat extent since am a very very big advocate of cuts in d costs of governance ( ie a Lean govt) AS LONG AS IT IS NECESSARY. Already, one notes that sm cuts hv startd with reductn of Overhead from about #500billion to a little above #200 this yr; and of course stopping d rising thrend of an increasing Recurrent budget before 2010 and then reducing it from 77.5% in 2010 to 68.7% projectd nx year. Much still needs to be done though( and am thinking particularly of d Oronsaye Committee and odas)

Don't mind the bush,that is how Sahara reporters do their shallow reports,looking for loopholes from all directions, I have never seen Demdem and his cohorts Sahara Repoters say any good thing abt Nigeria,only negativity,u cannot tell me and any reasonable Nigerian that the President is just travelling for nothing I won't believe u for once.

Idokojimmy: The thief and fraudster has just been made a chairman of committee to investigate Otedola's deal. can anything good come out from a thief?

That Kangaroo committee set up by the house of reps is a futile exercise considering the calibre of the people in the committee notably Gbajagate..na wah oh I know where they are heading to,the city of vengeance, no qualms we will see where they will go too....