NNPC 🤣🤣🤣!
You guys have truly being doing crude swap? So, what part of the cost have Nigerian government being subsidising aside the logistics which should be a very minimal component of the total cost per Litre when we are getting it almost at a free cost save for the logistics cost and considering other by-products (bitumen,Resin,petroleum jelly,etc) of the crude that were not accounted for? This means that there has not been a subsidy all this while as acclaimed rather a product exchange (trade by barter).

Now, NNPC is deciding to end a crude swap after removing subsidy when we know that such contract can't be abruptly ended without a prior notification to the other contractual party and why wasn't the contract discontinued before the subsidy removal?

Why NNPC claim in other news that they increased the pump price on the available subsidised old stock so as to generate money for new purchase? Note, this business strategy should not be applicable to a supposed public corporation like NNPC who is expected to provide some basic needs affordably to her citizens and not whole profit driven.

Removing subsidy whilst corruption thrives in the system is not a solution to a Nigerian economy that is solely dependent on total import and unattractive investment environment. These politicians will always devise other means of looting as long corruption thrives (unexecuted projects by government contractors, inflated project values, approving bogus pay cheques and allowances to themselves, etc).

A true government must always provide one subsidy to her citizens in one way or the other. There are subsidized housing mortgages and health services in America, most European and Canadian government pay some educational allowances to families with children. This controversial fuel subsidy is the only thing every "common" Nigeria has been benefitting from the government, if truly there is even a subsidy.

Recycling same old corrupt politicians. George Akume and Femi both recycled Former governor of Benue state and speaker of HOR respectively. Expect nothing special from this government!

Anyone that believes this palliatives and refineries rehabilitation talks is being fooled big time. It's the usual talks just to calm Nigerians and overtime everyone forgets the cry and bear the pains. ...normal political strategy! Expect nothing from Nigerian politicians, they have thrown Nigeria into a very active volcano waiting to erupt hot magma 🔥. Unfortunately, our military who is supposed to be our side watchdog/mouth piece for checks and balancing has been systematically put under their armpit.

Agbalowomeri:


Write it off
You already waited for 5 years and the value of the stock has been decimated already by inflation.
Who knows thunder might strike twice on the same spot and you may be able to sell above 4.
It's a lesson to learn more about the market

I love this, I won't sell. Thanks 🙏

beejay1:
It haff landed o

https://doclib.ngxgroup.com/Financial_NewsDocs/37945_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2022_FINANCIAL_STATEMENTS_MARCH_2023.pdf

Please, I need very urgent advise on transcorp shares. I bought about 145,550units at 1.42 over 5years ago and I have been holding this, funds tied in there with no growth and no reasonable dividends. Though, I have no need for the funds now but I am thinking to sell off and look for a better stock with good appreciation to buy or buy back into transcorp with higher quantities if the price drops again as it has been doing? Kindly advise urgently please 🙏

@Mpeace
@PETERiCHY
@yMcy56
@BullBearMkt
@Agbalowomeri

Hoax!!! The status difference is very obvious in Lagos State where he helped increased the gap between the rich and the poor.

This is commendable but the US shouldn't have returned this money at this time to this current Nigerian government cos it will definitely be relooted and used to manipulate the coming elections.

All funds repatriation should be suspended until the new government comes in, whether same APC, PDP, or LP, irrespective of the winner.

Deception !!!

This is a political strategy to plant their moles in opposing parties to get info of their internal game plan.

Other parties, be warned of decampee you accept as new member.

Seeing all these, yet some foolish Nigerians will still fall around them in praises killing themselves for some very cheap token.

Tonypens48:
Recycling

Just so you know

Abacha son won Kano PDP Guber Primaries.

Lamido's son won Jigawa PDP Guber Ticket.

Elrufai's son won APC Kaduna North Federal Constituency.

Ajimobi's son won APC Ticket to contest Oyo Assembly Seat.

Ibori's daughter won PDP Okpe/Sapele/Uvwie Federal Constituency of Delta State.

Ganduje's son won APC primary election for House of Representatives Dawakin Tofa, Rimin Gado and Tofa.

Okowa's daughter won PDP House of Assembly Primaries.

Akala's son won APC primaries for Ogbomoso Federal Constituency.

Fayose's son won PDP Ekiti Central Federal Constituency .

Yarima's son also won....

The circle continues.

They all deliberately kept ASUU on strike in order to keep the circle continue easily for their children.

If it continue like this, the son of nobody can never be somebody.

Try and build yourself and add value to become somebody tomorrow else.




Kindly check my signature below for your academic research writing assistance, Assignments, Projects, and content writing with Zero plagiarism.

This is not up to a tip of an iceberg on what Nigerian politicians and leaders will receive from the corruption they bred in the system. It will definitely boomerang some day.

This is not new, President Buhari said same thing, "I am for no one but for everybody", but still he disappointed Nigerians. Trust no Nigerian politician even if he is a clergy man.

Absolute rubbish! Sharing an average of N3,000 among 90,000 families.

Deception at its peak.

The level of stupidity and foolishness in Nigeria is alarming.

3,5, and 10.

Just finished a delicious dish of number 10 with a very captivating banga soup.

Too outrageous for a renovation! 40 billion will build it afresh with some good change left for another project.

234GT:
The money loks huge sha.

Tell them please! They want to deceive Nigerians again by telling us another story to trick Nigerians into accepting their lies. They think Nigerians are in a dark age where information is hidden. Another Packaged Comic (APC).

Kabongo1:
Please how do they get this petrol that has made them shut down their refineries?

What volume do they get from Nigeria that is sufficient to run their economy?

It will be interesting to know where the mallam got his information.

Available information shows that the SONARA refinery shutdown in June 2019 due to a fire incident and it seems they havent reactivated it just yet but have plans to do so, and also build a new refinery as well.

It would be astonsihing for a country to shut down its refinery because of reliance on smuggled fuel from Nigeria.

I don't understand the Nigerian leaders. They should arrange an evacuation for Nigerians in Ukraine through Poland and other surrounding countries. Diplomatic agreements should be made whereby Poland is just an exit point for pickup. Only Interested Nigerians who wish to be airlifted back home will be allowed passage at the border and heavily guarded and escorted to the pickup point.

My brother! I thought as much too. Spending such a whooping amount on an old outdated aircraft that may be used for just one or two years before decommissioning due to obsolete parts and onboard operating system. How much is even a brand new legacy 600 sef?

Just to go for a supposed missing aircraft inspection, almost a complete cabinet was involved in the trip that is of no significant economic benefit to the state.

SarkinYarki:
20 years old legacy 600 parked spoilt for 10 years to be repaired for almost 4 million dollars is a bad decision

Anything done without criticism is worthless. Everyone has his taste and opinion, they must talk. Note, all critics should refer to the subject title; "...my cheap self con" before criticising. He didn't tell you that's his best rather he is trying to present an economical/cost effective structure type for low income earners. The best we could tell him is to applaud his creativity.

In conclusion of this project; @olukaygold, kindly state the total cost expended on this project for your followers to see.

Cheers !

olukaygold:

Smiles,different people, different tastes,You can't satisfy every Tom's even the best building in this world would still be badly critisided by some folks.well, you're the first person to ever speak on this,but if not all,most people love the building because of that front roofing uplifting style cheers

It's not a mandated expense, most people do it for status/ societal showoff. Truth be told; sometimes when you attend most funeral reception, in the course of the entertainment jamboree one might think they are in a wedding/marriage ceremony coupled with the decorations around.

drizslim:
I guess the exorbitant high rate of burial expenses in Anambra must have motivated the movie veteran to say this

Anambra do pass others

This is very pathetic!!!

They mess up the community and relocate abroad after leaving office to enjoy their loots causing a drain and nuisance in the Nigerian economy for which they never brought in any funds when coming in to assume office.

It's high time the constitution is amended to allow only 100% Nigerian citizens to contest an election and be given appointments into public offices. Also, after leaving office he/she must reside anywhere in Nigeria for a minimum of 10years and must be available or present in Nigeria atleast 335days in a year.

Go for Nokia G20

I do not expect an opposing comments from El Rufai, he has and will always make supporting comments to whatever policies of this current government and APC. He would have been in opposition if it was a PDP government or any other.

Note; I am not a partisan person, I am part of the masses and for the masses. I support good leadership but the current happenings is a "NO".

If APC was truly honest like it professed before 2015, it could have deployed the 2018 and 2019 subsidy budget of over 2.5 trillion naira respectively to revamp the existing refineries bringing an end to fuel importation as well as subsidy silently which is a hoax. And allow us to rest on subsidy story. There is no genuine subsidy on fuel and electricity. It's just a looting channel designed legally same with security votes provisions.

This was what we were told in schools that the colonialists did to our parents in the colonial era and our leaders fought against such brutality. But today, that same our leaders from same origin are now doing even worst of what it fought against to his fellow citizens.

Another trader money scam loading. There has been no subsidy anywhere in Nigeria. It's just a hoax created by politicians to syphon free money legally.

Scam!!!!!!

Exactly how I fixed mine myself on my mazda 6. A very easy DIY job but very technical. It wasn't clicking into park properly and the P won't illuminate on the dashboard cluster causing it not to start at park except on neutral (N). I had to detect that myself and fixed within 10mins. It has a biscuit kind of bushing that wears off overtime.

Honestly! They are some bunch of idiots. Very very uncivilised and crude thinking people talking from the sides of their mouth.

Sirpaul:
Where is the common sense in this letter...

Confused mugus

Tell the girl and your son that you would get the girl arrested when next you see her in your house on claims that she is an intruder. And please, ensure you do that when she does. Approve of her bail after a minimum of one week in police custody and that her parents must sign the bail bond before her release. Note, your son may react. Be ready for that as how strong you and your hubby stand on your action will reset him positively if you're firm and negatively if you're weak.

Since your son has displayed some acts of irresponsibility and disrespect to his parents, never you raise funds for renting an apartment for him, you could augment him with part of the cost, at most 50%, on the pretext it's a loan but don't expect a refund.

It may look quite relieving that Nigeria is no where seen in the top most indebted countries of the world. But, looking at the African list. All in the list, except for Kenya and Ethiopia, are not thriving economies. Top economies like South Africa, Egypt, Algeria, etc which Nigeria should benchmark with are not in the list of debt ridden countries in Africa. Living on debt for recurrent and developmental projects (roads,railway, etc) expenditures like Nigeria does is a bad economic strategy. Rather, debt burden should be poured on productive capital expenditure which in turn will yield returns from which the borrowed funds will be paid back effortlessly.

Yes, the railways and roads are part of attractions for investors but are there attractive fiscal and monetary policies which also are valuable indices to evaluate an investment destination.

USA and others on the top indebted list may be highly indebted but they have great and effective economic policies which guarantees an investment security. Nigeria needs to get it right in all areas before consoling herself with her level of indebtedness in comparison with the top 20s.

NASTYNASOSO:
Top 20 list of the most debt owed countries in the world.

1. USA ($18,286 trillion)
2. UK ($7,499 trillion)
3. France ($5,250 trillion)
4. Germany ($5,084 trillion)
5. Netherland ($4,124 trillion)
6. Luxembourg ($3,900 trillion)
7. Japan ($3,408 trillion)
8. Italy ($2,285 trillion)
9. Ireland ($2,236 trillion)
10. Spain ($2,036 trillion)
11. Canada ($1,791 trillion)
12. Switzerland ($1,699 trillion)
13. Australia ($1,563 trillion)
14. China ($1,437 trillion)
15. China Hong Kong ($1,416 trillion)
16. Singapore ($1,300 trillion)
17. Belgium (($1,194 trillion)
18. Sweden ($938 billion)
19. Austria ($629 billion)
20. Norway ($623 billion)

Top 10 African countries with most debt owed to China.

1. Angola ($25 billion)
2. Ethiopia ($13.5 billion)
3. Kenya ($7.9 billion)
4. Republic of Congo ($7.5 billion)
5. Sudan ($6.4 billion)
6. Zambia ($6.5 billion)
7. Cameroon ($5.5 billion)
8. Nigeria ($4.8 billion)
9. Ghana ($3.5 billion)
10. DR. Congo ($3.4 billion)

Nigeria is not amongst the world debit countries also it's just No 8 in Africa to China with $4.8b whilst some people think China may recolonize Nigeria because of our debt.
Every countries lives on borrowings.
Don't let anyone be it who decieve you.
You can always check for facts on Google.