₦airaland Forum

Owa.
E dey
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I pity Op on this trend.

please ensure u get very reliable source before posting something on Man of God.


Audio source would be preferred.

space occupied brb

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In stock

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TruthHurts1:
OP, so just two tweets between two people with too much time on their hands is now a twitter war abi?

No , the topic was modified on fpg.

jolamos01:
Omojuwa and Senator Ben Murray Bruce are in serious epic trailer right now on Twitter.


See the screen shot below;

Glory be unto God.
Finally I made front page after several post.
Thanks unto group Moderator.

Jaymaxxy:
But where was Ben Bruce's common sense when PDP ruled recklessly for 16 years? So just because PDP lost to APC, he became a common sense man. Okay o

Honestly, I can't say where he was.

More

Another scene for the same epic!

BeeBeeOoh:
I'm so disappointed. I was hoping to see some Dangote trailers or their likes but to no avail, vexing outta here..

More pix from the trailer

More

Omojuwa and Senator Ben Murray Bruce are in serious epic trailer right now on Twitter.


See the screen shot below;

Still available

Ooops!!!

I'm tired of all parasites Politicians in Nigeria.
We would contribute to buy and install Transformer .Pay for electricity not used.
Pay multiple tax.

The Nigeria Labour Congress (NLC), Trade Union Congress (TUC), civil society allies and electricity consumers across the country have concluded plans to hold a nationwide protest on Monday to oppose the 45 per cent increase in electricity tariff as announced by the Nigeria Electricity Regulatory Commission, (NERC).

The NLC in a statement, by its president, Ayuba Wabba said its members have been sufficiently mobilized to encourage Nigerians to come out in their numbers to support the protest.

He siad: “ The Abuja rally will start at Labour House, Central Business District at 8.00am before moving to the NERC head office at Adamawa Plaza, Plot 1099, First Avenue, Off Shehu Shagari Way, Central Business District. From the NERC office, the rally will roll to the Abuja Electricity Distribution Company at Zone 4. The rally will mobilise from there to the National Assembly.

“This protest rally has become necessary after all effort to make NERC shelve the idea of increase failed.  Indeed, rather than see reason with Nigerians, the minister for power, works and housing has been advancing spurious argument in justification.”

Source : http://leadership.ng/news/498320/electricity-tariff-labour-embark-nationwide-protest-monday

arowosafeisaac:
I thought have been dumped when he first sent an activation pin to me,and I saw invalid pin.l complain,he then re sent another pin. To my surprised the pin just activated.Kudos

Lolź.Thanks for your sincere comment and for registering cos u insisted to leave comment here.

God bless you.

Available

Hmmm!

Morning

Happy sunday

Buhari change,all will definitely get their own change, only if we wait patiently for it.

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WITH the newly adopted modulation model for the pricing of petroleum products nationwide, government has ‘stylishly’ deregulated the downstream sector.

In the new pricing model, Premium Motor Spirit (PMS), otherwise known as petrol, is sold at N86.50, kerosene at N83 and diesel at 74.99 per litre at filling stations.

From all indications, government is believed to be making a profit of N3.83 per litre of PMS, but the Petroleum Products Pricing Regulatory Agency (PPPRA) regard what is perceived as profit as ‘over-recovery.’

Over the years, government has been selling the idea of fuel subsidy removal to Nigerians, communicating how immensely beneficial the measure would be for everyone.

It argued that savings from not paying subsidy could be channeled to the provision and improvement of infrastructure such as roads, schools and hospitals, among others.

In the last few years, subsidy debate has polarised the country. Envisioned as a people-oriented policy to help reduce the price of fuel for Nigerians, it has become a cash cow for the cabal involved in PMS importation.

Watchers of events in the petroleum sector believe that with the plummeting price of crude globally, the commodity ought to have gone below the recent pump price released by the price regulatory body, the PPPRA.

They said from the new pricing template, government has gone into the petroleum business with the sole aim of profit making. And instead of paying subsidy on the commodity, it is angling to make marginal profit, as the Estimated Open Market Price (EOMP) for the commodity is lower than the pump price.

This is even more worrisome, when the price template is compared to prices in fellow oil-producing countries. Nigeria is the biggest producer of oil in Africa, yet it was gathered that the same fuel that sells for N86.50 per litre (without payment of subsidy) in Nigeria goes for between N4 and N5 in Venezuela and N22 in Libya.

According to the template, government would be making about N3.83 profit on every one litre of the product. The PPPRA template states that that the EOMP of petrol is N82.67 with a retail price of N86.50 at filling stations nationwide.

The EOMP is the total landing cost of PMS and sub-total margins, including transporter’s cost, dealer charges, bridging fund, administrative charges and a handful of other variables to make it the true cost of the product.

By the end of 2014, the official pricing template for petrol by PPPRA indicated that government was paying N6.45 per litre as subsidy, as the EOMP then was N94.45, which was N6.45 higher than the pump price of N87 per litre.

The difference between the EOMP and the retail price was what the government was paying as subsidy. This difference has now been removed with the new template, and government is now set to make profit instead of using public resources to pay for what has not been beneficial to majority of Nigerians.

Speaking on the development, Senator Lee Maeba said the Minister of Petroleum is still shy to announce a complete deregulation of petroleum products. The Senator, who represented Rivers South East in the Senate and initiated the Petroleum Industry Bill (PIB), told The Guardian that the type of modular prices system the Minister introduced cannot guarantee adequate pricing system of petroleum products.

Said he: “the Federal Government is shy to announce full deregulation and without deregulation, the price is still what the minister feels. He fixes it, and you cannot get adequate pricing system without full deregulation. When you deregulate, everybody would sell how he/she produces. In fact, there would be so many refineries producing. But the situation now is that we are still in price fixing.

“Whether you remove subsidy or not, as long as you are doing price fixing, you are regulating. So, the government should not shy away from deregulation. Yes, I agree that the first set of product that comes out is diesel, while the second set is kerosene, petrol and the last is jet fuel, and it goes down. So, these products are cheaper from concentration. So, as long as the price fixing is still going on, and as long as you have PPPRA, they will continue to fix price. When you deregulate, you disband all these institutions, so the market forces now control prices. Until market forces control pricing, you cannot have adequate price.”

However, the organised labour believes that government is moving from petroleum subsidy to that of petroleum tax collection. The General Secretary of Nigeria Labour Congress, Dr. Peter Ozo-Eson, said the new pricing regime is fraught with ulterior motives.

Ozo-Eson told The Guardian that the process of arriving at the new template should have been transparently executed, with the consultation of the PPPRA board empowered by the laws of the land to fix price of petroleum products.

“We need to have a transparent re-working of the template. The PPPRA, by law, is saddled with that responsibility, but it also by law constituted in a stakeholders’ context, which stipulates that engagement takes place before a change in template is effected,” he said.

“PPPRA Executive Secretary, who is appointed by government and is directed either by the Minister or the President, cannot, on his own, fix the template. This is because the stakeholders have not met or reconvened for a long time. Therefore, there is a violation of the law by government. We need to be careful as a mono-economy country.

“The N3.83 government is making now would not make sense, unless the price remains excessively depressed over a long period of time. This cannot be the basis of building up the kind of fund that is needed. Though a modulation scheme in itself can have economic logic, the way we have it now is not sustainable, if prices were to go up,” he added.

The Chairman of Trade Union Congress in Rivers State, Chika Onuegbu, described the price of diesel as very exorbitant. He argued that government is making money from the diesel, because, “there is no how petrol will sell at N86.50 per litre without subsidy, and diesel will sell for N125 or N130, also without subsidy, which is a difference of about N40 per litre.

He said, “obviously, government has not reviewed the PPPRA template for diesel and AGO and that shows that a lot of money is being made from people. Government needs to review the template and bring it down. What is more painful is that these products are actually what most businesses use, as a result of poor power supply in the country. Companies use diesel to power their generators and that increases the cost of doing business in Nigeria. From hotels to hospitals, banks and telecom operators use diesel and that increases the cost they charge.”

Onuegbu asked, “How could government reduce the price of PMS this time, and did not do anything to the price of diesel? Government should reduce price of diesel to around N80 per litre, because without subsidy, it should not be more than N80 given the current price of crude oil.”

According to the labour leader, government should prove that it is concerned about people’s welfare and generating employment.

On his part, the Rivers State Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN), Sunny Nkpe, said the answer to the whole issue is deregulation following the dwindling of foreign exchange.

“We have all seen that government can no longer sustain this thing anymore. The main thing is deregulation. Price of diesel was deregulated long time ago. NNPC sells at N90 per litre, while pump price of diesel fluctuates between N120 to 130. What determines the prices is the loading from government depot. If you load from government depot at less than N75 and the man that buys from private depot for N95, they cannot sell at the same price. So, deregulation is the solution to encourage competition and level playing ground for everybody.”

The President, Association of Petroleum Explorers, Mr. Afe Mayowa, said government was collecting a form of tax from petroleum consumers. He agreed that government, through the differences in the landing cost and pump price, is collecting petroleum tax from consumers, but advised that the profit be ploughed back into the society for the benefit of Nigerians.

“Government is collecting tax with the price differential. But my advice is that the proceed should be invested in infrastructure such as roads, hospitals and schools for the education of the people, especially those in the North and Niger Delta, where illiteracy is prevalent. With education, there will be peace and security because people will not be deceived to imbibe false doctrine.

“The landing cost for PMS is supposed to be lower than the pump price, because government is now in business. The government has to make profit from what it is doing. The subsidy was a fraud, which has no justification. They should now allow market forces to determine the pump price of petroleum products. There is no way you can subsidise consumption, because that subsidy has no way of getting to the generality of the people. In my opinion, the difference is not too much. People paid as much as N150 per litre in Akure during the Christmas season,” he said.

He added, “We should invest in the youth, create opportunity for the people to be educated and exposed. It is a lot of money the government is going to make. So, they should put the money to fix power infrastructure. The money is being taken from us and should be spent on the people. It is a tax being collected from the people. They should, therefore, not share it. I don’t blame the people for not willing to pay such tax, because government had in the past disappointed them, such that the fund ended up in private pockets.”

Commenting on the disparity in the prices of PMS, diesel and kerosene, he said the forces of demand determine their prices, supply and preferences, which have to do with the population, technology, economics and usage.

In his view, the demand for kerosene and diesel is very low, so is the supply, hence the rise in price.

Commenting on the price enforcement for the product by the government, Mayowa said the regulation is necessary for marketers not to become “shylock.”

“In a market like this, you need some form of regulation (Cap) to prevent emergence of shylocks in the downstream sector. It is like what Lagos is doing to housing. Government says you cannot charge beyond certain limit. In this case, the government says you cannot sell PMS beyond N86.50, but you can sell below the price. If there is no such control, marketers will team up to fix pump price arbitrarily,” he said.

The Assistant General Manager, operations at the PPPRA, Victor Shidok, said the agency has created a template that is normal and would prevent frequent changes of pump price.

He said government is yet to make official pronouncement on subsidy, hence it would be incorrect to say it has discontinued subsidy payment or petroleum products.

He said, “The government has not made public pronouncement on petroleum subsidy. It has not said it has stopped. Under Petroleum Support Fund (PSF) guidelines, there is what we call under and over recovery scheme. None of them is a permanent state.

Source : http://www.ngrguardiannews.com/2016/01/new-petrol-price-a-shift-from-subsidy-to-profit-making/

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Thanks all for your sincere patronage.

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Chaiii,see how our heartless&Selfish Politicians are sharing our Yam.

As the $2.1bn arms deal probe continues, focus may still shift beyond the Social Democratic Party and the Accord Party to others that also had alliances with the Peoples Democratic Party at the last general elections. GBENRO ADEOYE writes

The alleged $2.1bn arms deal scam by a former National Security Adviser, Col. Sambo Dasuki (retd.) is one of the big scandals in Nigeria’s history; and the country has had its share of big scandals.

The public furore that greeted the diversion of arms funds by the former NSA and some military and public officials is now famously called Dasukigate. Yet, no one can fault the uproar, considering the price Nigerians may have paid for the corruption, should the allegations be found to be true.

For a clearer picture of the price that some Nigerians have paid for the fraud, one will need to consider that an estimated 25,000 people have been killed in the North-East by the Boko Haram sect, with over two million others displaced.

Therefore, naturally, eyebrows were raised when the funds were allegedly traced to some people, including chieftains of the Peoples Democratic Party, former governors, companies and political parties and even media houses.

Some of the people who allegedly received money from the funds include former Rivers State Governor, Peter Odili, N100m; former Oyo State Governor, Rashidi Ladoja, N100m; former Sokoto State Governor, Attahiru Bafarawa, N100m; former Zamfara State Governor, Mahmud Aliyu Shinkafi, N100m; and former Anambra State Governor, Jim Nwobodo who allegedly collected N500m.

Others include former PDP Board of Trustees Chairman, Chief Tony Anenih, who allegedly got N260m; former PDP National Chairman, Ahmadu Ali, N100m; and the National leader of the Social Democratic Party, Chief Olu Falae, who was also said to have got N100m.

Ladoja and Falae have since said that the N100m paid to each of them was for their respective parties, Accord Party and the SDP, and that it came directly from Anenih and not from Dasuki.

Anenih, in a letter to the Economic and Financial Crimes Commission, also explained that the money was part of the refund of the money Jonathan instructed him to release to some political groups for mobilisation and post-election peace advocacy.

In Nigeria, some fringe parties are sponsored by bigger parties to weaken the political strength of major opponents in their strongholds.

Some fringe parties went into the last general elections as allies of the two major political parties, the PDP and the All Progressives Congress.

These parties presented candidates for positions in the states and the National Assembly but adopted the presidential candidate of their political allies.

For instance, in addition to the SDP and the AP, the Labour Party, the Unity Party of Nigeria, the Peoples Party of Nigeria, and the All Progressives Grand Alliance also adopted Jonathan as their presidential candidate.

The Peoples Democratic Movement, on the other hand, put its weight behind Gen. Muhammadu Buhari (retd.), who was APC’s presidential candidate at the time.

Meanwhile, Falae had insisted that he had no idea the money he took from Anenih was from the arms fund. He said his party collected the money from the PDP, represented by Anenih, for the purpose of funding the alliance between the SDP and the then ruling party.

National Secretary of the AP, Nureni Adisa, in a letter to the EFCC, also said the N100m was for the purpose of the electoral alliance between the SDP and the PDP.

However, there have been knocks for the parties by some members of the public in spite of their defence, and this shifts the spotlight to the other parties that adopted Jonathan as the presidential candidate for the 2015 election.

Labour Party

The party was formed in 2002 as the Party for Social Democracy by the Nigerian Labour Congress and its first chairman was Dan Nwanyanwu. In the 2007 National Assembly elections, the party won only one out of 360 seats in the House of Representatives and no seats in the Senate. But the electoral alliance the party had with the PDP would not surprise many as both parties had always had a bond.

Ondo State Governor, Dr. Olusegun Mimiko, defected from the PDP to the LP in 2007 to contest the governorship election in the state against the then sitting governor, the late Chief Olusegun Agagu. He was declared winner by an election petitions tribunal and was later re-elected in 2012 on the platform of the LP.

But in October 2014, Mimiko defected to the PDP after a romance with the party.

Unity Party of Nigeria

UPN was a Nigerian political party that was dominant in Western Nigeria during the second republic between 1978 and 1983. The party, which was dominant in Southwestern Nigeria, revolved around the political leadership of its former Premier, the late Chief Obafemi Awolowo.

The party inherited its ideology from the old Action Group and saw itself as a party for everyone. It was the only party that promoted free education and called itself a welfarist party. Therefore, it was largely embraced by the Yoruba and other progressives across the country.

However, the UPN, as it is known today, was resuscitated by the founder of the Oodua Peoples’ Congress, Dr. Frederick Fasehun. Like the LP, the UPN has had an enduring connection and relationship with the PDP, but Fasehun has denied any link between the parties.

So also, there were few surprises when the party announced that it had adopted Jonathan as its presidential candidate before the last general elections.

Fasehun had said, “No doubt, Gen. Muhammadu Buhari is a man of history, but Dr. Goodluck Jonathan is equally a man of history. But, on which part of history do these two personalities stand?

“ It has nothing to do with the calling and profession of these two men, one being an academic, a doctorate degree holder and a lecturer in a tertiary institution. The other is a retired General and former Military Head of State who seized power through a military coup in 1983.

“But, obviously as there are worthless scholars, so there are wicked Generals, and noble Generals abound in the barracks even as excellent academics flock the ivory towers. But, each man chooses his own path, and the cloak does not make the monk.

“General Buhari has often been painted as the messiah Nigerians have been waiting for. This is turning truth and logic on the head. For the avoidance of doubt, General Muhammadu Buhari is not the saviour Nigerians have been waiting for. The truth is that under Buhari’s “holier-than-thou” facade lurks a smelly throat of evil.”

Peoples Party of Nigeria

The party was started by a former Ogun State Governor , Otunba Gbenga Daniel and it came third in the 2011 governorship race in the state and won few seats in the state House of Assembly.

Less than four weeks to the last presidential election, the PPN Presidential candidate, Kelvin Allagoa, stepped down for Jonathan.

He said his decision to step down was to allow the former President continue with his transformation agenda.

Allagoa was among the 16 presidential candidates cleared by the Independent National Electoral Commission to contest the presidential election.

The National Chairman of the PPN, Lawal Adamu, in a statement jointly signed with the National Secretary of the party, Razak Eyiowuawi, also described the party as happy with Jonathan’s transformation in the educational and agricultural sectors of the economy.

All Progressives Grand Alliance

The party’s founder, the late Biafran warlord, Ikemba Chukwuemeka Odumegwu-Ojukwu, only had 3.33 per cent of the votes when he contested at the 2003 presidential election. In the 2011 governorship elections, Chief Rochas Okorocha won on the platform of the party, but he has since defected to the APC, leaving only Governor Willy Obiano of Anambra State as the party’s only governor.

At the last general elections, the party also enjoined its supporters to vote for Jonathan in the presidential poll, but fielded candidates for seats in the National Assembly and House of Assembly in South-East states.

A lawyer, Mr. Liborous Oshoma, said it was not necessary to beam searchlights on the other political parties that had alliances with the PDP during the last presidential election since the ongoing probe is focused on the funds meant for arms deal.

He said, “Government is looking at the $2.1bn arms deal and not election campaign funds. And so there is every probability that the other parties did not get money from the office of the former NSA.

“Nobody so far has called these other parties out in this arms deal. If the government was investigating campaign funding, then some of us would have called for the investigation of the funding of all the parties that had alliances with the PDP, the APC and other parties.

“But for now, if people start mentioning other parties that had alliances with the PDP, saying that money would also have got to them when nobody mentioned them in the arms deal scandal, then it will be like biting more than we can chew.

“The SDP and AP said the money came from Anenih, who they presumed was representing the party and so there was no way they would have known if the money came from the office of the NSA. They said that they had an alliance and worked for it.”

Oshoma, who described such political alliances as normal, added that it would be wrong for the money to end up in private pockets.

“It is normal for parties to have alliances and if there are funds to enhance such alliances, it is also normal,” he said.

“But in other climes, political parties raise funds from members and in the course of campaign, if they go into alliance with anybody, they pay for venues, logistics and mobilisation.

“It is not out of place for a party to have an arrangement such as that to say ‘this is what it will cost the party to mobilise people, join your campaign train, hire vehicles, print T-shirts, and arrange for logistics generally.’

“However, there may be issues when the money was not used for all of these things but to enrich the pockets of some people.”

On the other hand, the President of the Committee for the Defence of Human Rights, Mr. Malachy Ugwumadu, urged the Nigerian people to beam searchlights on anyone or party that might have benefitted from funds meant for arms procurement.

He said, “The investigation should be a holistic one; those who have information should begin to volunteer. This is the assignment of the Nigerian people. CDHR will also collate the money stolen, document and publish it, to show the looting of the Nigerian treasury.

“Everybody involved should be exposed for the purpose of proper investigation and trial according to the law.”

Ugwumadu also described the defence by the SDP and the AP that the money paid to them came from Anenih and not Dasuki, as feeble.

He said, “Their (SDP and AP) excuse is that they collected money from Anenih and not Dasuki. If I sold a car to you and you paid me for it and it later turned out that the car was stolen, will it continue to avail you as a defence that you didn’t know it was stolen?

“That in law is what we call being in possession of stolen property. Their arguments are very feeble; they are not properly founded in law and so, they are no defences at all. The allegation is that money meant for the procurement of arms has been diverted and these are the beneficiaries.

“If I find you with a stolen car, it is no defence on your part to say ‘I didn’t know it was stolen, I paid N20 or N1m for it. The offence is that you are in possession of a stolen property.”


Culled from Punchnewdng.

http://www.punchng.com/corruption-six-political-parties-on-the-spotlight/