Jpphilips's Posts
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Why are they raising travel ban against Nigeria when WHO has declared us ebola free? Why does no country have a travel ban on the United states that still have active Ebola cases? |
(Reuters) - The deadliest outbreak on record of the Ebola virus has prompted some countries to respond with travel bans, in an attempt to curb the spread of the deadly virus. |
When others are closing borders to Ebola we are talking of export. ok!! |
Reference:Well, I really wanted to agree with you but you and I know that so long as corruption exist, the whole economic strides will amount to nothing. How about tackling corruption so that the best people can get the the best jobs on merit, before anticipating for paper jobs I wont be surprised if every person working in that plant to the gate man is indian, jobs indeed!! |
tete7000:What do you know about Ojukwu? to tell us what he could and couldn't? Ojukwu accepted NPN and dumped Zik's NPP as a condition for Amnesty, over the blood of his kindred? men and women whom he wasted for his infinite ambition? I ask you again? what do you know about ojukwu? Would Ibos be so hated by the Niger deltans if Ojukwu dialoged with them to join Biafra other than forcing them with a gun? despite several agreements reached with Isaac Adaka boro. and why will the mercenary flight supposed to be bringing food for our children and women, whom have died of starvation in their hundreds of thousands, be ferrying weapons and prost!tutes for ojukwu? I ask you again, what do you know about Ojukwu? has he honored any agreement in his life save for one that supports his selfish interest? Ojukwu reached an agreement with Brigadier gen. ogundipe that he will support Gowan's presidency, by so doing, Ogundipe gladly relinquished his right to presidency as the highest ranking officer after Aguiyi Ironsi was murdered for peace to reign. Ojukwu reneged on that agreement which led to the Aburi accord that eventually led to the civil war. You kids just wake in the morning to talk nonsense for the rest of the day. Bianca's father Christian Onoh, served as a Gov. of Anambra state under the platform of NPN a northern party, at a time when the wound of the war was still fresh in our minds did Zik, say this nonsense Bianca is spewing? Who is even Bianca to talk where Obi her god is talking? |
I am disappointed that Mr Peter Obi dignified that Nincompoop Bianca with a response, who is Bianca to exchange banters with her god? |
Debooster:Obi is a saboteur, in your words, abi? it is not for Bianca to tell us that, who is Bianca by the way? Bianca's father CC Onoh, in 1983, was the Gov. of Anambra state under the NPN (A northern party), if Bianca's father and Husband have been sleeping with northerners for political favors, who is Bianca to ask Obi to stay in APGA because it needs an Igbo Image? she dey craze? And who are you to speak for Ndi igbo on who betrayed them? you call history that your father does not know beer palor talk? I don't blame you, I blame those malnourished pubic hairs you have in between your K-legs, that is f00ling you that you have become a man. |
It is disgusting that since the Sierra Leone coup, the Nigerian army is yet to record any clear victory in any conflict, how corruption has reduced a once formidable force to a pawn in the hands of a rag tag militia, very shameful, cease fire with boko haram, Amnesty for MEND. Are you sure this is the same army that humbled the Biafrans? If we are now in the business of negotiating and forgiving criminals, what do we need the army for? why pay a major over 300k, with a flat and a brand new car when his company cannot send a strong message to our domestic and foreign threat? very sardonic and pitiable. It is Boko haram today, what if it was ISIL? Jonathan would be on exile in Jordan, ruling us from there. And what if chad decides to breach our sovereignty tomorrow, what will be the fate of Nigerians? I guess the once touted giant of Africa has been reduced to a Palestine under the clutches of Israel, in the middle east. We should be ashamed of ourselves, we should be ashamed of what we have lost over the years to corruption. |
Thank god we have no electricity |
dasparrow:I take a very huge exception to that, a m0r0n does not deserve an opinion. what are you doing on the internet when you lack basic education and refuse to use the internet to develop yourself? |
Babaji111:If Nigerians cannot judge by the pedigree of Buhari and Fashola, then why should APC bother them? Good leadership is never for m0r0ns |
The security challenges in the country demands for a President with a Military background. The rot and failure of our institutions in the hands of corruption begs for an anti corruption intervention. The dwindling oil resources, borne by a significant drop in oil price, begs for an astute Economic manager. This is another chance for all Nigerians to vote wisely and not to respond to stomach infrastructure. |
Bianca let me be clear, Peter Obi did what your husband would have done, he never hid his love for PDP, the reason APGA in Anambra was nicknamed APGA - PDP even when your husband was alive. Let us compare Obi with your husband, after he committed treason and wasted ibo lives in droves, he ran away and abandoned the war front for Achuzie (who was later captured by obasanjo ) and Affiong whose mercy we are alive today, from Uli, your husband ran to Ivory coast to re unite with his latest pr00sti!tute leaving our fathers to die for a cause, he does not even believe in, the Ibo party at the time was Ziks's NCNC. When your husband negotiated a truce with the Nigerian government, Shagari made it clear he will join NPN, a northern party that wasted Ibo lives, your husband honored that agreement, thanks to Edwin Onwudiwe who disgraced him at the senate. so shut up and face Kayode's Amu. Who is ojukwu where Obi is talking? Your husband could not make a kobo of investment in his life time and you shamelessly fed fat on his father's wealth till death and you want to talk to Obi anyhow? Were you not dragging properties of Sir Louis Ojukwu, how many of such properties does your husband have to his name? Obi was sitting on the Board of eleven companies including Fidelity bank that survived, Soludo's sunami before he contested for Governor, Obi and Ngige single handed put Anambra on the Nigerian map, same Mbakwe did for Imolites, what else did your husband achieve for Anambra if not rounding them up for Black scorpion to test his fire power. |
Mogidi:ok! Jonathan wants to win with a religious card lol, Fashola is coming with a performance card, same for GMB, lol jonathan has dumped his no shoes card and have switched to religion ![]() I cant wait to see Alison madueke in prison. |
GeneralShepherd:Does the President and his wife sound coherent to you, in English language? just curious |
Why wish to inherit a liability like Nigeria that Jonathan has finished? with oil price nose diving, I wonder if this politicians have television at home |
bushdoc9919:You really believe that thing you wrote? Nnaji was sacked for not given up a stake in Geometric power, it has nothing to do with Generator importers, Generator importers don't care about steady electricity, the people who should be scared is the gas station owners. A generator importer can easily import prepaid meters which is more expensive with higher profit margin than generators, meter is scarce and the market is untapped, meter is smaller than generators so he doesn't need a full warehouse anymore. They can become vendors for the distribution companies and they will get percentage for selling prepaid cards and collecting bills. Do you know what a gas pipeline is? do you guys really believe the crap this govt say? who will take such risk? which one is vandalized recently doesn't it have a name? which facility is it supporting? we are Nigerians, we can go to site and check this things out. By the way, I want Nnaji back, though he is smarter than his employer Lying bastarrrds!! |
Liamm:what is good in your brain that will identify a good reason when it stares you on the face? |
Gas pipeline vandalism? this guy is a clown |
when our youths make comments on nairaland, they ooze of emptiness, why wont they fail? How many hours do they spend reading? the last time i saw most of them, their micro mini skirts were competing favorably with average Ikeja brothels. how can a block head be scared of failure? he that is down, fears no fall. I pity the sponsors whose hard earned 300k has been flushed down the drain of face book buffoonery |
Do you expect less of business partners? |
GenBuhari:Personally, I have nothing against Buhari, as a matter of fact, my school got its best face lift with PTF projects at the time, I equally got some higher degrees with PTF scholarship on merit, for that reason, and loads of research I have done, I have always voted him since 2003, and that loyalty will never change. The issue at hand now, is that a lot have changed over time, Our inability to change some of our laws has made some good men like Buhari to make a pact with demons like Tinubu. I foresee a Buhari's administration that will carry along the interest of this demons and we will be greatly disappointed, no doubt I want a buhari in govt but I am not eager to see him in power, not anymore. I will definitely vote a buhari's party if they field credible candidates with hope they will bring him in government. with miscreants like Amaechi, El rufai etc in APC, believe me, this opposition will shock us worse than PDP. Fingers are still crossed though. I rather a fashola/Oshiomole Govt with Buhari as a senior special adviser etc. I worry less about Buhari because he is a good man and mean well for Nigerians, he is pretty old and don't have much to live for anymore, I am more concerned about the present generation that is suffering from acute mental erosion. |
Donxavier:How did you arrive at the conclusion that refinery is the problem? is it not the same Govt that told you so? keep an open mind to unlearn, I will make out time to dissect it for you. Read this article very carefully; http://www.vanguardngr.com/2012/03/excitement-as-orient-petroleum-strikes-oil-in-anambra/ while at it, pay a great deal of attention to this paragraph "The company decided early in 2011 to fast-track a staged development of its two oil blocks, OPL 915 and OPL 916 by initial completion and production testing of one of the already drilled oil wells and 3D seismic data acquisition"what do you understand in the above quote? Read this article very carefully again [url]http://www.gamji.com/article6000/NEWS6967.htm [/url] Pay attention to this paragraph "The real crux of the matter is that the Presidency has favoured some selected companies by granting them right of first refusal or rather exclusive rights to certain oil blocs on parade. The highly favored companies include Dangote Exploration and Production Company, a subsidiary of Dangote Group. The company was given the right of first refusal on OPL 274 and had equally expressed interest in OPL 2007 and 290.As part of the concession, Dangote agreed to build 300, 000 barrels per stream day refinery and 5000MW independent power plant. The company has already committed millions of dollars as wager on its promised investment. This is however very commendable and an outright show of patriotism and genuine desire to do business with the federal government in the crucial oil and gas sector"I will have to ask you again, what you understand from the above quote? If you are a discerning mind, does it not bother you that the two independent refineries coming up in the country are tied to oil blocks with OPL granted to the owners? have you asked why? let me reference the first quote from article one, it clearly says that the source of oil for orient refinery is OPL 915 and OPL 916, the second article clearly states that the source of oil for Dangote's refinery is OPL 2007 and OPL 290. That is the only way a refinery will survive in the world. Someone mentioned Libya, pre Gaddafi Libya was exporting 1.7mbbls of crude daily (tied to JV agreements), on the side, there is another 300,000bbls sent to their refinery, that 300,000bbls represents their local production capacity, that is what Nigeria does not have and that is what you need for your refineries to function. with that model, Gaddafi can sell petrol for as low as 16naira in Libya, it is no rocket science, it is a realistic dimension in the oil industry. In Nigeria, we export between 2.1mbbls-2.3mbbls/d of crude (JV agreement), on LOCAL PRODUCTION CAPACITY, we have 0. so what Nigeria does is that they take their JV oil to the refinery and ask NNPC to pay at int. crude price, the products from the refinery responds to the dynamics of international crude pricing plus an additional refining cost and comes out very expensive, the same insane Govt will subsidize at a pump price. This model, is unrealistic, ignoble and insane. Why do we need a local production capacity? Local production capacity is an oil accrued to an oil producing nation, such that it is devoid of any JV agreement and ingeniously explored and funded. Libya shares the same formation as Nigeria, to a great extent in various oil fields, let me spare you the Geological jargon, it implies that the oil wells in both countries are self producing, rightly put, "open the wells and oil comes out" in literary terms, You may hear people calling the Nigerian crude "sweet crude", it means that the crude has very low thiophene content (a sulfur compound) that kills refineries. You may hear "self producing wells" it means that the Nigerian oil well can flow for years without any external help, the formation pressure is high enough to drive production for years, in other words, its cost of production is very low, but the Exploratory cost is very huge. What the above paragraph guarantees is that it may cost between $12 to $20 to produce oil in Nigeria and sell at international crude price that used to be as high as $115, do you now understand how Shell, Chevron, Exxon etc make so much money in Nigeria? The only problem is that you may spend as much as $5b drilling it as the case of Agbami Oil field developed by Chevron. I hope you are not lost again. This $5b need to be invested by the Nigerian Govt, so that the cheap oil will be refined in a profitable margin, let us use $12 for example, the operator of the oil field will sell at say $18-20, you add a little refining cost, with this model, you can get an oil as low as $28/bbl, if you refine it, the PMS (which accounts for 30% of the injected oil) will be sold for less than 35naira/ liter. two things will guarantee that, the refinery will have to be very large same as the oil production capacity, this model is completely shielded from high international crude price, with PMS of 35naira per liter, our inflation will drop by 50%. The associated Gas that will accompany the oil will fire all our turbines at a very cheap rate that cost of electricity will be reduced by 70%. Nigeria will not spend a kobo building refineries, the investors will bring the refineries and add its cost to refining cost, a little margin that will be projected over a long period of time, brilliant! isn't it? Have you seen that it takes nothing to fix this country but the insane people in power, will not let it happen. It is another election year, Nigerians don't care to see the Energy road map of the political actors, they don't care to see their foreign policy that can tweak our JV agreements, all they are interested is a few bags of rice and a PDP/APC T-shirt, while the country decays. I know you will wish to ask, why cant we just develop an oil field to have a local Production capacity? a former head of state foresaw this problem in 1984, his name is Gen. Mohammed Buhari, he received a proposal from an oil and gas guru, Tam David west on how best to implement his idea and avert this present disaster, unfortunately, his Govt did not live to see its implementation. IBB's govt saw the beauty of Buhari's proposal and decided to implement it, in 1988 the Nigerian petroleum development company, (NPDC) was born amidst fanfare and jubilation as a subsidiary of NNPC and tasked them with giving Nigerians their Local Production Capacity, some oil blocks were allocated to NPDC before his Govt left, the Govt of OBJ actually crippled NPDC because he wanted a DSO model. this is how it works; After daily oil production, 250,000bbls of crude is set aside for refining, it is called a DSO (Domestic Supply Obligation) at a point, the refineries were not maintained because the OBJ govt did not run a petroleum ministry, so the 250,000bbls/d is diverted, that theft was worth $31,250,000 daily unaccounted for, this gargantuan theft caught the eyes of the senate and a committee was set up to investigate it, in 2008 the DSO model was scrapped and NPDC heaved a sigh of relief. Do you now understand why people are kicking against the DSO model for Gas in the nonsense Madueke called a PIB? When we thought NPDC has just recovered from the shock of OBJ's DSO model, the Govt of Jonathan shocked us to the marrow, he and his cohorts in the petroleum ministry now murdered and buried NPDC. How? 1 NPDC was mandated that every oil they produce will be exported (in contrast to the reason it was set up) 2 NPDC was denied of lucrative oil wells 3 The SPDC assets that was already developed was not handed over to NPDC fully but sold to the president and friends in proxy. What happened to the NPDC oil wells? I may not explain further but take time to read this article and tell me why a sane Nigerian who buys PMS at 97 naira when crude price is nose diving, at a very huge subsidy cost running into trillions will want Jonathan in power come 2015. Read here [url]http://ireports-ng.com/2013/05/01/petroleum-minister-allison-madueke-defends-ceding-of-nnpcs-usd15-72trillion-oil-blocs-to-her-company-says-deal-not-covered-by-public-procurement-act/ [/url] The highlight of the article is quoted below; "Defiant Nigerian Petroleum Minister, Diezani Allison-Madueke has defended her decision to transfer the ownership of four oil blocs owned by the federal government through the Nigerian Petroleum Development Company Limited to a company owned by her and run by Mr. Jide Omokore, Atlantic Energy Drilling Concept. The oil blocs are valued at over USD$15.72 trillion.My view on subsidy is that subsidy has to be sustained till a sane govt gives us a LPC and that is why we are seeing another subsidy come 2015, whether or not it is sustainable is a matter for another day, with plummeting oil prices and a very greedy senate, I foresee a huge budget deficit for 2015, that will deplete the Govts resources that they may not be able to afford such huge subsidy regime, they will systematically stop paying and scarcity will return to the stations. With the US shale oil threat and plummeting oil prices, Nigerian economy is heading for the rocks, If Nigerians decide to keep this present crop of thieves as leaders next year, they will be surprised how huge our debt profile will be. An anti corruption Czar needs to come on board to sanitize the system, we need the Subsidy regime to be brought to a realistic level and the oil blocks stolen from NPDC, returned. This is my humble opinion. I hope you have learnt something, Have a nice day |
seangy4konji:The energy crisis in Nigeria is very easy to fix and our leaders know that, what is lacking is the sincerity of purpose to do the right thing. |
Donxavier:where are you lost? |
blym4real:Which part is confusing you? |
EroticAngelina:lol |
VolvoS60:Your questions are very legitimate, when I say that products from the refinery is subsidized, it is because NNPC get the oil at international crude price (wrong by the way), but do they have a choice? Oil and cocoa are both commodities but extraction accounts for loads of differences, you don't need Shell to produce cocoa for you, but you need shell to develop an oil field for you, by that act alone, you have lost 40-45% of the oil that will come out, that cannot be said for cocoa. Shell takes their cut to the international market, Nigeria left with 55-60% does same too, why? because at the beginning of the year, there is a senate approved benchmark for oil price that will guarantee full budget implementation, if NNPC should sell less, we will not meet budgetary demands (cost of running the country). the budget benchmark is always higher than production cost but falls below the int. price. The difference between the budget benchmark and int. price is called the excess crude revenue, both of us know that ECR is dwindling due to fall in int.crude price. If NNPC decides to utilize their fraction of their 60% for refining, they will remit the cost of that oil at international rate to the federation account. do you understand it now? |
synergycom19:Comparing the Nigerian oil industry with telecoms is ridiculous, keep an open mind to unlearn the nonsense this Jonathan's govt has been feeding thy people. |
atlwireles:I disagree completely, speaking of which, your ECR being shared from 2011 till date can comfortably pay for a refinery, if refining is the problem. I don't get why you guys don't look beyond this whole refining clap trap. The good news is this, the Govt need not pay a kobo in any refining investment in Nigeria. |
atlwireles:The amount of oil allocated for DSO was 250,000bbls not 445,000bbls, and DSO was discontinued in 2008. 445,000bbls is actually the total refining capacity of all the Nigerian refineries put together at optimum capacity. |
blym4real:Because there was no oil to refine before now |
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