₦airaland Forum

MAYOWAAK:
There are three aspects of the “subsidy fraud”. One,a fuel importer could bring in 2000 metric tonnes and claim subsidy for 8,000 metric tonnes. “The mark-up will be shared down the line,” “Even if you are a pastor, you will fall for it. The money is just too much. Imagine the billions of naira available to be shared on a regular basis. So the regulatory system is compromised and weakened.” Two, NNPC always imports more than it has storage facility for. “So the product is stored at private tank farms. If NNPC stores 30 million litres with your farm, you don’t have to account for 10 million litres. There is a process by which you can account for only 5 million litres as long as you know how to share the proceeds of the remaining 5 million litres with those who matter.”
There are many things that are unheard of all over the world that you will find in Nigeria. What works perfectly in Saudi Arabia and Norway will not work here. Ask yourself: how come our refineries have not been working for ages? Name another country that has four refineries that hardly work. Do you know how many emergency billionaires we have produced through turn-around maintenance contracts in the last 20 years?”
The third aspect of the fraud: “When they tell you the landing cost of petrol is N150 and the pump price is N97, it means the importer will get subsidy payment of about N57 per litre. Now, that is another fraud. There are different grades of PMS (petrol). They do not go for the same price. In the UK, for instance, the price of leaded petrol is different from that of unleaded. In Nigeria, we don’t distinguish between grades. We pay the same price. So the landing cost of the lowest grade may be N100, but the importer still gets a subsidy payment of about N57 instead of N3 per litre. Do the math. Multiply that by millions of litres everyday and you will understand the fraud. Remember too that the importers get paid for demurrage even if they don’t incur it. I can go on and on.”
To cap it all,I can tell you authoritatively that our daily PMS consumption is not as high as officially quoted. It is the biggest fraud ever. We keep calculating subsidy on the assumption that we consume 40 million litres a day. Remember to always discount the official figures. It is good for your health.”

M4gunners:
Chineke Ada no be Ofe nsala na!

coogar:
you would need a thick blindfold to schtup this woman with her tiger-striped belly. that tummy is grotesque. aren't there creams women can use to reduce such stretchmarks?

Janeify:
....zebra pattern

marieolae:
this is the most disgusting thing I've seen in my life! I reject evil in the mighty name of Jesus. Amen

AdoraAmadi:


http://www.lailasblog.com/2014/12/omg.html

The python only eats chicken, about 22
pounds per week, which has become quite a financial strain
to the family

Dopeyomi:
This is an offense against tHe Nigerian Police Force!

The poster of this; All I need now is your picture A̶̲̥̅̊η∂ house address.. You're doomed! You will never ever post this rubbish in your entire life time!

ProfessorPeter:
guy, you only listening to his brother who don't even know what happened. I ve stopped judging people until i hear from both side. Have you heard from the both side?

ProfessorPeter:
Before you blame the police let me ask you the following questions.
Are you sure that your brother is not into 419?
Are you sure that 150k he was asked to pay is not the money he duped somebody?

lalasticlala:
can u provide a link to where u got d pix from?

DickDastardly:
Is he a maiguard cos hear in Monaco vous a mon anonimousere

freezone4real:
I saw them myself

rattlesnake:
this

carefreewannabe:
I like the idea of giving someone money out of charity but I don'T like how you go on about it.

If you want to help someone or make someone happy, then just find someone and give him or her money. Why do you have to make a competition out of it? Why would you make them write an essay on their childhood experience? Why would you want them to admit online and for everyone to see that they are unemployed?

Don't you expect too much information for a 100 bucks?

I really do not see how it is a Christmas gift if they have to do all this and most of them will get nothing at the end.