Malali's Posts
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BlocksNG:Why are you lying so much on the internet ? Is it a hobby or you get paid to come here and make a fool of yourself with lies ?
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Iran has shot down two Israeli jets and that its response to Friday night's attacks on nuclear and military infrastructure has begun. The reports emerged as smoke was seen rising from Tel Aviv as Iran launched missiles at the city. Air raid sirens had been heard across Tel Aviv and Jerusalem as the missiles neared Israel. The Iranian Army has said in a statement that its "defence forces successfully hit and destroyed two F-35 fighter jets belonging to the zionist entity, in addition to a large number of small drones". "The fate of the two fighter pilots remains unknown and is being investigated," the statement added. Meanwhile, the IRNA state news agency in Iran reported that the country's response to Israel's attacks on Friday had begun. It comes as a reporter with the Iranian Tasnim news agency said missiles had been fired from Shiraz and Isfahan in Iran towards Israel. Medics have said five people were injured in the Tel Aviv area due to Iran's ballistic missile attack on Israel. Magen David Adom, Israel's national emergency medical service, says it treated one person in a moderate condition and four others who were lightly hurt by shrapnel. The escalation comes after Israel launched a huge attack on Iran on Friday, which it says was aimed at degrading the country's nuclear ambitions and weakening its military. Israel was able to target key facilities and kill top generals and scientists. It said the attack was necessary before its adversary got any closer to building an atomic weapon. As the barrage of missiles was fired at Israel in response, Iran's supreme leader Ayatollah Ali Khamenei wrote on X: "The Zionist regime (Israel) will not remain unscathed from the consequences of its crime. "The Iranian nation must be guaranteed that our response will not be half-measured," he said, adding Iran will "inflict heavy blows" on Israel. Mr Khamenei also said that Israel has initiated a war and that Tehran will not allow it to conduct "hit and run" attacks without grave consequences. Nlfpmod Source: https://news.sky.com/story/israel-iran-latest-israeli-jets-target-irans-nuclear-sites-country-braced-for-retaliation-by-tehran-13382979
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Sunjay Kapur, 53, chairman of global car parts giant Sona Comstar, collapsed while playing a match in England on Thursday An Indian billionaire and close friend of Prince William has died after reportedly swallowing a bee during a polo match, which is believed to have triggered a fatal heart attack. Sunjay Kapur, 53, chairman of global car parts giant Sona Comstar, collapsed while playing a match in England on Thursday, the Mirror reports. Just hours before his death, the Indian billionaire paid tribute to the victims of the Air India tragedy, in which 241 people lost their lives when a Boeing 787 Dreamliner crashed into a medical college shortly after taking off from Ahmedabad Airport. In his final post, he wrote: “Terrible news of the tragic Air India crash in Ahmedabad. My thoughts and prayers are with all the families affected. May they find strength in this difficult hour.” Mr Kapur was well-known for his love of polo, high-profile marriages and for his friendship with Prince William. The bee reportedly stung Mr Kapur in the mouth, which potentially triggered anaphylactic shock, causing the heart to stop, The Mirror reports. One insider told the newspaper Mr Kapur’s death had come as a shock to the polo community. “He was full of life, laughing, joking, then gone in an instant,” they said. Another source close to the family said: “Sunjay was in excellent health. No one could believe what had happened. It’s a shocking reminder of how fragile life can be.” Mr Kapur was previously married to Karisma Kapoor and together the couple have a daughter Samaira and a son, Kiaan. The couple divorced in 2016 and Ms Kapoor later filed a domestic violence case against Sunjay. Mr Kapur’s company, Sina Comstar, paid tribute to a “visionary leader” and a “devoted father”. They said in a statement: “It is with profound sorrow that we announce the untimely passing of Mr Sunjay J Kapur, Chairman and Non-Executive Director of Sona Comstar, following a sudden heart attack in England, UK, on 12th June 2025, at the age of 53. “A visionary leader, Mr Kapur played a pivotal role in shaping Sona Comstar into a global mobility technology company built on innovation, sustainability, and purpose. His passion, foresight, and relentless commitment to excellence inspired everyone who had the privilege of working with him. “Beyond his professional accomplishments, Mr Kapur was a devoted father, a mentor to many, and a tireless advocate for India’s manufacturing and mobility sectors. His loss is deeply felt across the industry and within the Sona Parivar.
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They were murdered preemptively ? Just because you suspect they are trying to make nuclear weapons. By the way, both the USA and Israel all have nuclear weapons ! No other country behaves like this in the world. Even Russia's war with Ukraine doesn't act like this. Killing Grandmothers, mothers, babies,infants, civilians, doctors, scientist........indiscriminately. While the world watches and pretend its okay. I am not a fan of Iran.....But I know injustice from a mile away. [color=#000000]Dont forget to use the "block" button to block anyone who talks to you recklessly.[/color]
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Odobaone: Probably goes abroad every 3 months for the best healthcare in the world. Lives good, good food......healthy organic food. No stress, not a single problem if money can solve it. |
SarkinYarki:lol......Have you heard about the animal called the honey badger. Iran is a honey badger. |
But you have to say the whole story though.....no ? |
Botragelad:Cry!!!! Which one's the fake news? ![]() |
Oh, so Israel’s sucker-punch is now framed as tactical genius because Iran “wasn’t ready”? Please. That’s like bragging about sneaking up on someone who gave you months of warnings. The claim that S-300s were “toasted” is pure bravado—no confirmed satellite evidence, no third-party verification, just speculative chest-beating. Iran has layered asymmetric deterrence—not headline-friendly, but ask U.S. bases in Iraq how real it is. The idea that Trump “warned them” is a joke—he also said bleach cures COVID, remember? And Israel exercising “restraint”? You mean assassinating nuclear scientists on highways, bombing Damascus apartments, and publicly violating airspace of sovereign nations? Sounds like restraint in the same way a tiger “restrains” a goat before eating it. If Israel’s strikes were so surgical, why the global embassy panic, the travel lockdowns, the Red Sea maritime alerts? Something tells me Tel Aviv knows the chessboard just changed. And Iran “just tweets”? Ask Aramco how that tweet turned into a burning oil field. Meanwhile, the Houthis—armed with Iranian tech—shut down Red Sea shipping lanes using what looked like recycled toaster parts. If you think this is the final move, you clearly missed the prologue. This isn’t checkmate; it’s the first pawn moved. Israel is David? No. Iran is the slingshot—waiting for the right eye to strike. And “intel never lies”? That’s a good joke—ask Iraq’s imaginary WMDs. What we’re seeing is an intel-driven PR war, not a military wipeout. The Islamic Republic is far from perfect, but let’s not pretend Tel Aviv just ended the game—they just made the next round inevitable. If this was victory, why does everyone look nervous? Why the embassy evacuations and defensive posturing? Something doesn’t add up. It’s like claiming you won the bar fight while still holding a bloody nose. |
Several explosions have been reported in and around Iran’s capital Tehran, according to the state-run news agency Nour News. “Loud explosions are being heard in different locations of the capital Tehran,” it said in a TV report, adding that Iran’s air defence system is on full alert and all flights at Iman Khomeini airport have been suspended. While the Israeli military is yet to release an official public statement on the attack, it has reportedly confirmed to the Times of Israel newspaper that it has “launched an aerial campaign against Iran’s nuclear programme”. The operation, dubbed “Nation of Lions”, has seen Israeli fighter jets bomb dozens of targets related to Iran’s nuclear programme and other military facilities, the outlet reported. The Israeli military told the outlet that Iran has enough enriched uranium to build several nuclear bombs within days and it needed to act against this “imminent threat”. Sirens have sounded across Israel as a preemptive warning as Israeli authorities prepare for a potential Iranian response. In a post on X, the Israeli military announced that Israel’s civil and public security guidelines had been changed to “essential activity” as of 03:00 local time (00:00 GMT). “The guidelines include: a ban on educational activities, gatherings, and workplaces, except for essential businesses,” it said. Israel’s Transportation Ministry has confirmed that it has also closed the country’s airspace for arrivals and departures until further notice. Two unnamed US officials confirmed to the Reuters news agency that Israel informed Washington of the attack, but it did not assist in its planning or execution. Al Jazeera correspondent Alan Fisher said developments over recent days indicated that US President Donald Trump “was told that there was going to be some sort of strike”. Just 24 hours ago the United States announced that it was going to start moving non-essential personnel out of the embassy in Baghdad [in Iraq] and also recommended that others in embassies around the region could also leave if they wish. That seemed to suggest that there was going to be an attack of some sort,” he said.
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Meti99:Even if you give the 24hours......they will still loot We need better politicians. |
Meti99: I agree, but single tenure rule will make it worse. They will just do on your marks ! set ! go ! And loot us into oblivion. You think giving Yahya Bello 1 tenure of 6 years would have prevented him from looting ? 1-Impeachement by state house of assembly was to check governors excesses, its now relegated and archaic and hardly used. 2-Second tenure is also a checks and balances oversight. We all know it takes Gods intervention to lose a second term election from a ruling party. Thats why all the PDP guys are defecting to APC. So that has also failed. 3-Single tenure fixed would put the last nail on the coffin. We might as well just go back to military rule, because at that point there will be no form of oversight or checks and balances. |
Reno Omokri is what happens when ambition outruns integrity. He’s a man with many convictions, each one conveniently timed and for rent. Always in proximity to relevance, never in possession of principle. If power were a room, Reno would knock on every door and claim he built the house. For the keen observer, he’s less an advocate and more a very well-dressed algorithm for opportunism. |
Peakdesign23:Have you heard of IVY League ? I attended 2 different ones. |
owobokiri:Very good response.I couldn't have said it better |
The relatively younger ones want to get a chance early. 8 years governor and 8 years president. Brings forward a whole new generation after they leave. A lot of people working with Tinubu now, will retire with him. The only checks and balances we have right now is that election after 4 years. Take for example this regime. Tinubu and Akapbio and Kekere-ekun are all in bed together. There is no presidential, legislative or judiciary oversight, like it should be in a healthy system. Allowing them to now run unchecked for single term of 6 years....is akin to military rule. That was the reason we fought for democracy, to fire bad politicians at the polls. THIS IS THE MOST UNDEMOCRATIC IDEA EVER MENTIONED IN NIGERIA. |
Let me say this clearly: Nigeria is sitting on a sleeping tourism volcano, and its name is Obudu Cattle Ranch. What could have been Africa’s Switzerland, a magnetic alpine resort ten times more powerful than Ikoyi club membership status, has instead rotted into a ghost town with faded dreams and unpaid staff. Enough is enough. It’s time to forcefully reopen, privatize, and commercialize Obudu like our economy depends on it — because it actually does. From Forgotten Asset to National Cash Cow Obudu isn’t just a ranch. It’s a national altar of potential revenue: • Rolling hills like Scotland. • A cable car like the Alps. • Weather that makes Lagosians cry from joy. It should not be a memory. It should be a December destination that makes Dubai jealous. The Detty December Master Plan You want real GDP growth? Then make Obudu Nigeria’s Coachella meets Disneyland. Here’s how: 1. Afrobeats Megafest @ Obudu • Burna Boy, Wizkid, Tiwa Savage, Tems, Diamond Platnumz • 3 stages across 3 days. Coachella format. Outdoor, mountain-top stage. • Drone visuals streamed globally. 2. Influencer Takeover • Only influencers with 5 million+ followers allowed. • Pay them to stay, record, and post daily from Obudu. • Make Obudu the main character on Instagram and TikTok. 3. Ferris Wheels, Horses, Thermal Pools • Add: • A horse trail adventure • A night-lit Ferris wheel • A mini alpine spa with geothermal pools (yes, we can fake it) • Sell “All-Inclusive Obudu Passports” like Disney World wristbands 4. Luxury + Camping Hybrid • From glamping tents to 5-star chalets. • $200–$300 per night full-board packages. • Locals staff the resort, creating 5,000+ jobs. Stop Bleeding Money on Visa Fees In 2023 alone, Nigerians spent over ₦200 billion on visa fees, flights, and hotels chasing holidays in cities they don’t belong in. Redirect just 15% of that into a properly privatized Obudu mega-resort and we’ll: • Boost tourism GDP by 2-3% • Elevate local content creation • Reverse brain drain by hiring Nigerian tech, media & food startups to support the ecosystem How to Execute It: • Step 1: Auction it off. Not to politicians. To tourism-hardened private investors (with sunset clauses) • Step 2: Create a National Obudu Summit, calling all major players in entertainment, tech, hospitality • Step 3: Give full tax holidays + digital payments infrastructure • Step 4: Partner with Disney Africa, Coca-Cola, Diageo, and Guinness Live Events nlfpmod
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Iran’s Defense Minister Aziz Nasirzadeh said on 11 June that Tehran will strike US military bases in the region if nuclear talks fail and Washington decides to launch an attack on the Islamic Republic.Source:https://thecradle.co/articles/all-us-bases-within-our-reach-iran-responds-to-threats-from-washington
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The Man They Couldn’t Silence For those too young to know, Nigeria once had a man who didn’t need a title to lead. MKO Abiola was loved across tribes, faiths, and classes. The streets called him “hope,” the elite feared him, and even generals respected him. He walked with kings and dined at the White House ,as a private citizen , while still sharing food with beggars in Agege. His house? Never locked. His money? For everyone, Hausa, Yoruba, Igbo, Christian, Muslim, disabled, athletes, widows. He gave without a press release. He lifted millions with zero political office. He didn’t chase power, power followed him. He didn’t take the crown, he earned the people’s mandate. That’s what made them panic. Today, the same men who tried to erase him live in the shadows of his memory, their legacies faded, their names stained. But Abiola remains immortal, his name spoken with fire and reverence. Let them envy. Let them rot in bitterness. MKO lives on, a true King without a throne, but crowned forever in the hearts of a nation.
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PEOPLE of Nigeria, exactly one year ago, you turned out in your millions to vote for me, Chief M.K.O. Abiola, as the President of the Federal Republic of Nigeria. But politicians in uniform, who call themselves soldiers but are more devious than any civilian would want to be, deprived you of your God‑given right to be ruled by the President you had yourselves elected. These soldier‑politicians introduced into our body politic, a concept hitherto unknown to our political lexicography, something strangely called the ‘annulment’ of an election perceived by all to have been the fairest, cleanest and most peaceful ever held in our nation. Since that abominable act of naked political armed robbery occurred, I have been constantly urged by people of goodwill, both in Nigeria and abroad, to put the matter back into the people’s hands and get them to actualise the mandate they gave me at the polls. But mindful of the need to ensure that peace continues to reign in our fragile federation, I have so far tried to pursue sweet reason and negotiation. My hope has always been to arouse whatever remnants of patriotism are left in the hearts of these thieves of your mandate, and to persuade them that they should not allow their personal desire to rule to usher our beloved country into an era of political instability and economic ruin. All I have sought to do, in seeking dialogue with them, has been to try and get them to realise that only real democracy can move our nation forward towards progress, and earn her the respect she deserves from the international community. However, although this peaceful approach has exposed me to severe censure by some who have mistaken it for weakness on my part, those with whom I have sought to dialogue have remained like stones, neither stirred to show loyalty to the collective decision of the people of their own country, nor to observe Allah’s injunction that they should exhibit justice and fair‑play in all their dealings with their fellow men. Appeals to their honor as officers and gentlemen of the gallant Nigerian Armed Forces, have fallen on deaf ears. Instead, they have resorted to the tactics of divide and rule, bribery and political perfidy, misinformation and (vile) propaganda. They arrest everyone who disagrees with them. Even the 71‑year old hero of our nation, Chief Anthony Enahoro, was not spared. How much longer can we tolerate all this? People of Nigeria, you are all witnesses that I have tried to climb the highest mountain, cross the deepest river and walk the longest mile, in order to get these men to obey the will of our people. There is no humiliation I have not endured, no snare that has not been put in my path, no ‘set‑up’ that has not been designed for me in my endeavour to use the path of peace to enforce the mandate that you bestowed on me one year ago. It has been a long night. We have endured 24 years of military rule in our 34 years of independence. Military rule has led to our nation fighting a civil war with itself. Military rule has destabilised our nation today as not before in its history. Military rule has impoverished our people and introduced a dreadful trade in drugs which has made our country’s name an anathema in many parts of the world. I toured every part of Nigeria to present this programme to you the electorate. I was questioned on it at public rallies and press conferences and I had the privilege of incorporating into it much of the feedback that I obtained from the people. Because you knew I would not only listen to you but deliver superb results from the programme, you voted for me in your millions and gave me an overwhelming majority over my opponent. To be precise, you gave me 58.4 per cent of the popular vote and a majority in 20 out of 30 states plus the Federal Capital Territory, Abuja. Not only that, you also enabled me to fulfill the constitutional requirement that the winner should obtain one‑third of the votes in two‑thirds of the states. I am sure that when you cast an eye on the moribund state of Nigeria today, you ask yourselves: ‘What have we done to deserve this, when we have a president‑elect who can lead a government that can change things for the better?’ Our patience has come to an end. As of now, from this moment, a new Government of National Unity is in power throughout the length and breadth of the Federal Republic of Nigeria, led by me, Bashorun M.K.O. Abiola, as President and Commander‑in‑Chief. The National Assembly is hereby reconvened. All dismissed governors are reinstated. The State Assemblies are reconstituted, as are all local government councils. I urge them to adopt a bi‑partisan approach to all the issues that come before them. At the national level, a bi‑partisan approach will be our guiding principle. I call upon the usurper, General Sani Abacha, to announce his resignation forthwith, together with the rest of his illegal ruling council. We are prepared to enter into negotiations with them to work out the mechanics for a smooth transfer of power. I pledge that if they hand over quietly, they will be retired with all their entitlements, and their positions will be accorded all the respect due to them. For our objective is neither recrimination nor witch‑hunting, but an enforcement of the will of the Nigerian people, as expressed in free elections conducted by the duly constituted authority of the time. I hereby invoke the mandate bestowed upon me by my victory in the said election, to call on all members of the Armed Forces and the Police, the Civil and Public Services throughout the Federal Republic of Nigeria, to obey only the Government of National Unity that is headed by me, your only elected President. My Government of National Unity is the only legitimate, constituted authority in the Federal Republic of Nigeria, as of now.” https://www.youtube.com/watch?v=OAQxm8-F1bg
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Showtime Baby. Please someone tell this clueless administration to stop borrowing loans with crude oil. If there is geo-political tensions in the middle east and a barrel goes to $150-200. Nigeria will lose out on that flush of cash. |
The U.S. State Department is preparing to order the departure of non-essential personnel from its embassy in Baghdad amid escalating security risks tied to stalled nuclear negotiations with Iran. Although no formal evacuation has been executed, contingency plans are in motion as tensions in the Gulf rise sharply, stoking fresh concerns over regional energy stability and global crude supplies. With preparations underway, on Wednesday, June 11 at 2:47p.m. ET, Brent crude was trading 3.84% at $69.44, while WTI was trading up 4.36%, at $67.81. The embassy drawdown preparations follow the latest collapse in indirect nuclear negotiations between Washington and Tehran. Escalations in the region also prompted the UK Maritime Trade Operations to issue a rare alert warning of rising military risks in the Gulf, Strait of Hormuz, and Gulf of Oman, with potential implications for maritime safety. In parallel, the U.S. State Department has authorized the departure of non-essential personnel and family members from its embassies in Bahrain and Kuwait, while U.S. military dependents in Bahrain have been approved for temporary departure amid growing concerns over regional security. Talks stalled after Iran demanded greater guarantees on sanctions relief and the unfreezing of overseas assets, while the U.S. insisted on strict limits on Iran's advanced centrifuge operations and regional missile activity. With both sides hardening positions, diplomatic backchannels have gone quiet, raising fears that the diplomatic window to revive the 2015 Joint Comprehensive Plan of Action (JCPOA) may be closing. This deadlock has sharply increased the risk of military confrontation in the region. Geopolitical instability in the Middle East frequently triggers volatility across oil and liquefied natural gas (LNG) markets, particularly given the vulnerability of shipping lanes such as the Strait of Hormuz, through which roughly 20% of global oil flows. With Iranian officials issuing new threats against U.S. installations, traders are bracing for potential disruptions that could rattle supply chains. Iraq’s crude exports, currently averaging about 4 million barrels per day—roughly 5% of global output—remain acutely exposed should conflict escalate. Any significant disruption could not only impact physical flows but also reverberate through Kurdish energy revenues and broader upstream investment, both of which are critical to Iraq’s economic stability. Shipping alerts from the U.K. Maritime Trade Operations have already flagged increased military activity in the Persian Gulf and surrounding waterways, warning of higher war-risk premiums for tanker traffic. A further deterioration could trigger short-term Brent crude spikes of $3–5 per barrel, as it has in prior Gulf-related flashpoints, even without actual physical supply loss. nlfpmod Source: https://oilprice.com/Latest-Energy-News/World-News/WTI-Spikes-Nearly-5-as-US-Embassy-Prepares-Iraq-Evacuation.html
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Its called Healthcare. |
usmanpogo:if they sell crude to Nigerians and sell the petrol to end-users in Nigeria , funds will pour in. If the process is transparent and corruption free.Even Nigerian abroad will invest. Saudi loan has no usury (interest) but they will charge an administrative fee. Which is not cheap. In this case they were willingto accept barrels of crude oil. So essentially they were not giving us a loan but buying our crude and paying in advance. |
Successsearch90: The problem is worse than we even know it to be, I will give you an example. Tinubu borrowed money when OIL was $100 a barrel. Now that oil is about half that price, he has to give them double the barrels he promised originally. Lets say original loan was 500k barrels will be used to repay the loan daily. Now we need 1 million barrels to repay the same loan. Nigeria only produces 1.5 million a day. So we are using 1 million to pay loans we used to build loans and stadium. And only have 500k barrels left to sell and pay salaries and run the government. This wont last forever as we are slowly going to run out any barrels to sell for revenue, because we have borrowed against out daily max production !!! |
IbnB:Lol....girlfriends too must eat national cake. |
Successsearch90:Thanks. We are looking for ways to make Nigeria better. I hate to go abroad and see....human beings like us running their country better. |
Nigeria, a nation blessed with abundant crude oil, finds itself ensnared in a paradoxical and perilous cycle of accumulating debt. Despite being Africa's largest oil producer, we frequently grapples with budget deficits, currency depreciation, and a crippling debt service-to-revenue ratio that siphons funds away from vital public services. This unsustainable trajectory demands a radical, yet pragmatic, departure from conventional approaches. It's time for Nigeria to strategically leverage its primary resource to achieve energy security, stabilize its economy, and liberate itself from the shackles of debt. Nigeria's public debt is projected to surge to an alarming N187.79 trillion by the end of 2025. A significant portion of national revenue is consumed by debt servicing, leaving precious little for infrastructure, education, and healthcare. Meanwhile, despite possessing vast crude reserves, Nigeria has historically remained dependent on importing refined petroleum products, effectively exporting jobs and value while spending scarce foreign exchange. This is where a transformative vision, centered on a robust National Oil Commodity Board (NOCB) and the strategic utilization of domestic refining capacity, becomes not just advisable, but imperative. The Blueprint: A National Oil Commodity Board for Strategic Value Capture The cornerstone of this model is the establishment of a lean, efficient, and transparent National Oil Commodity Board (NOCB). This entity would serve as the central coordinating body for Nigeria's crude oil resources, prioritizing national interests over speculative international markets. Here's how it would work: Domestic First Allocation: The NOCB would be legally mandated to first allocate a specific volume of crude oil for domestic refining to meet Nigeria's internal consumption needs. This would ensure that the nation's energy demands are met using its own resources, ending the debilitating cycle of crude export and refined product import. Strategic Pricing for Value: This allocated crude would be sold to local refineries, prominently including the newly operational Dangote Refinery, at a fixed discount to prevailing world market prices – for instance, $5 less per barrel. This discount is not a subsidy in the traditional sense, but a strategic investment in domestic value addition, incentivizing local refining and reducing the cost of refined products within Nigeria. Harnessing Refining Power: The Dangote Refinery, with its immense 650,000 barrels per day (bpd) capacity, is a game-changer. Currently, it imports a significant amount of crude, highlighting a disconnect in local supply. By guaranteeing a consistent supply of Nigerian crude at a favorable price, the NOCB would ensure the refinery operates at optimal capacity, processing Nigeria's oil for Nigeria's people. Guesstimate for Domestic Needs: Based on current data, Nigeria's daily oil consumption is estimated to be around 550,000 barrels per day. The Dangote Refinery alone can meet this demand and produce a substantial surplus. Market Stabilization and Citizen Relief: The refined petrol and other products would then be sold to the Nigerian market at stable, predictable prices. This would insulate ordinary citizens from volatile global oil price fluctuations, mitigate inflationary pressures, and enhance purchasing power. The focus shifts from costly, opaque subsidies to an integrated value chain that benefits the populace directly. Regional Export Hub and Foreign Exchange Boost: Critically, any excess refined products beyond Nigeria's domestic requirements would be strategically exported to neighboring African countries at competitive international rates. This transforms Nigeria from a mere crude exporter into a regional energy powerhouse, generating substantial foreign exchange from higher-value refined products. The revenue generated would flow directly into the national treasury, providing a stable, predictable income stream specifically earmarked for debt servicing and developmental projects. The proposal for a National Oil Commodity Board is more than just an economic strategy; it is a declaration of economic sovereignty. It is a bold move to reverse the absurdity of an oil-rich nation importing refined products and perpetually borrowing. By ensuring that Nigeria's oil first serves its people, then its region, and only then the global market, the country can capture the full value of its resources. This integrated approach, backed by unwavering political will, stringent governance, and a commitment to diversification, offers Nigeria a genuine pathway to reduce its debt burden, achieve energy independence, stabilize its economy, and lay the foundation for sustainable, inclusive growth for generations to come.
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forgiveness:All the airport and Stadium we have been building since independence.....if they are generating revenue, why are we still borrowing more money to maintain them. How much has Abuja stadium generated in the last 4 quarters ? How much has been allocated by the federal government for the upkeep and maintenance of Abuja stadium in the last 4 quarters ? How much has Bola Ahmed Tinubu Airport in Minna generated in the last 4 quarters ? How much has been spent to rehabilitate, renovate the airport ? |
Blitzking: Very good idea. Better still Nigerians can come together and buy the 5 billion of crude Oil and then pay Dangote to refine it, and sell the Refined products i.e petrol to Nigerians and export the rest, which will generate more profit than selling the raw ,unrefined crude oil. 500,000 people contributing $100 each, would buy the 5 billion dollars crude. Dangote can refine it, that's just 20 days of petrol for the whole country based on consumption. |
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