MAYOWAAK's Posts
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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.” 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 30 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 25 million litres with those who matter.” 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 30 years?” The third aspect of the fraud: “When they tell you the landing cost of petrol is N1,000 and the pump price is N800, it means the importer will get subsidy payment of about N200 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 N900, but the importer still gets a subsidy payment of about N200 instead of N100 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 60 million litres a day. Remember to always discount the official figures. It is good for your health.” |
IPIGSRSHALLOW:He did run fun office but the dollar induced APC delegates did not vote for him. |
Seeck:Have you succeeded? |
Vecuten Cream will do the magic. |
Fisayo Dele Basiru scores on his debut for Nigeria. Recall that Finidi George also scored on his debut for Nigeria against Burkina Faso in 1991. |
NiRfreak:29th May 1999 was a Saturday, Your parents worked on weekends? |
This incident happened in November 2023. |
Danielnicks:No two women experience orgasm in the same way. For some women, orgasm can occur from kissing alone, while others may take several minutes of intimacy. Some women report that no matter the duration or skills involved, they are simply unable to achieve orgasm. Additionally, women experience different types of orgasms. For some, sex results in a single, powerful orgasm that is deeply satisfying. However, subsequent attempts may not result in additional orgasms. Others can achieve milder orgasms about every 10-15 minutes, but the sensations are not as intense as the initial experience and diminish with each occurrence. Some women enjoy the physical intimacy of sex and are able to achieve orgasm regularly, such as every 4-7 minutes, resulting in multiple orgasms during a single encounter. Though less intense than a single, standout orgasm, the cumulative effects can be equally gratifying. Additionally, their orgasms may occur subtly and not be obvious to their partner. Different women's experiences have advantages and disadvantages. A discussion among women themselves would likely provide further insights into these nuances and a better overall understanding. This analysis is based solely on my own observations. |
A man can cheat and still be good to you. A woman will cheat and treat you like trash. |
StOla:Their father was the only PDP Senator in the South West from 1999 to 2003 at the time AD dominated the politics of the region. |
Senator Orji Uzor Kalu was jailed for 12 years in 2019 over allegations of fraud amounting to N7.1 billion when he was governor of Abia state between 1999 and 2007. After spending some nights in prison, he walked free as his conviction was nullified by the Supreme Court on technical grounds — that the trial judge had been elevated to Court of Appeal before he delivered the judgment. The Economic and Financial Crimes Commission (EFCC) tried to start the trial afresh, but the Court of Appeal has blocked the move — again on technical grounds, saying the record was not “properly” transmitted in line with court rules, and that it was not stamped or “properly” signed. ***** Culled from Simon Kolawole's sub-article titled; TECHNICAL KNOCK-OUT |
aariwa:She attended St Anne's School Ibadan for her secondary school education. |
The ivorien goalkeeper at the AFCON is named Yahia Fofana. It was boldly written on his back during the competition. The goalkeeper in this picture keeps for ASC Diaraf, a Senegalese clubside. It is boldly written on the back of his shirt. How difficult is it to simply fact-check before adding to the body of fake news online? |
In the final of the 1988 and 1990 AFCONs, Nigeria played against teams they had earlier met in the group stage but sadly lost on both occasions to Cameroon and Algeria respectively by a lone goal. |
A Potential Penalty Shootout Looms in Sunday's 2023 Africa Cup of Nations Final --------- Côte d'Ivoire has advanced to the final of the Africa Cup of Nations tournament four previous times in 1992, 2006, 2012, and 2015. On each of these four occasions that they reached the final, the ultimate outcome was decided via a penalty shootout. They emerged victorious in 1992 and 2015 by converting more penalties than Ghana. However, they fell just short in 2006 and 2012 by converting fewer penalties compared to Egypt and Zambia respectively. |
The South African goalkeeper; Ronwen Williams has matched a record set in 1986 ******* The highest number of penalty kicks saved by a goalkeeper in a shootout was four(4) by Helmuth Duckadam in the final of the 1986 UEFA Champions League between Steaua Bucharest of Romania and Barcelona. After 120 minutes of goalless encounter, the goalkeeper of the Romanian club saved all the kicks from the players of Barca. |
Emerse Faé, the caretaker manager of Ivory Coast played for the French team that won the 2001 FIFA Under 17 World Cup held in Trinidad and Tobago. Recall that France defeated Nigeria in the final to win the trophy. |
The hotel has been reopened. |
RECYCLING is what relationship is all about these days. No one is actually Single. You dump him and he becomes your EX. You take over the one dumped by someone and treat him as your new man while another person takes over your own EX too. So life goes on... |
The crisis between Chief Nyesom Wike, Mr Sim Fubara, appears to be a continuation of the politics of the 2023 general election. The way people are queuing behind the combatants has shown a pattern: if you supported President Bola Tinubu, you are more likely to be rooting for Wike; if your sentiments were with Alhaji Atiku Abubakar or Mr Peter Obi, you are very likely to be for Fubara. I have noticed that many of those who opposed Fubara because he was Wike’s “boy” are now fighting for him. Politics is a sweet thing to watch — especially if you don’t have a dog in the fight. Interests. |
CAF and their strange ways! ==== For the Women's Team of the Year, Chiamaka Nnadozie who won the best female goalkeeper award in the continent was not selected between the posts. Similarly, in the Men's Team of the Year, Yassine Bounou who won the individual award was dropped for Andre Onana. |
[quote author=Ifemelu80 post=127253080]Hi, My ex called me yesterday, out of the blue, after 14 years of radio silence. He was my first love and I thought we were in a relationship for 3 years only to find out I was just his side piece to the side piece. He broke up with me by blocking me on his phone and social media and that was it. A mutual friend reached out to me about 2 weeks ago. We had also lost contact for years. We talked about everything but him. So I was very surprised to get a call from him. He said the mutual friend told him about our reconnection so he also wanted to get in touch. We chatted for 10-15 mn, he asked me about my life and told me to save his contact. Now, I'm wondering, why would a man call an ex girl friend he didn't really care about, after more than 10 years ? We were never close friends and don't have any common interests, personal or professional circle anymore, so what's the point ![]() [/ |
Chief Pius Akinyelure — Non-Executive Board Chairman was Tinubu's boss at Mobil. |
Sékou Touré, the then President of Guinea died two months later while undergoing cardiac treatment in the United States, at the Cleveland Clinic in Cleveland, Ohio, for emergency heart surgery. Cleveland Clinic is the same facility Kanu Nwankwo underwent surgery after being diagnosed of health malfunction in 1996. |
A few years ago, the current Speaker of the Lagos State House of Assembly; Mudasiru Obasa was also exposed by Sahara Reporters as having a forged LASU Law Degree certificate. |
If you were to ask a typical Nigerian about corruption, they would likely define it as "government officials stealing our money. However, this definition only focuses on one aspect of corruption and fails to acknowledge the various ways in which corruption manifests. For example, corruption can also be seen in a lecturer who makes it mandatory for students to purchase their books to pass their course, a journalist who demands payment for writing a story, or a company executive who awards contracts to themselves through intermediaries. Even NGOs, activists, lawyers, and individuals from various walks of life contribute to the corruption chain subtly. It is my belief, and I will continue to argue, that corruption does not suddenly arise the day someone joins the government. Rather, it is a process that begins in childhood and is gradually practiced in small increments until the individual gains positions of power and influence. Consider this: will a market woman who manipulates her scales suddenly become honest when she becomes a council chairman or commissioner? |
“MONEY IS YOURS BUT RESOURCES BELONG TO THE SOCIETY.” ----- AN ANECDOTE “Germany is a highly industrialised country. In such a country, many will think its people lead a luxurious life. When we arrived at Hamburg, my colleagues and I walked into a restaurant where we noticed that a lot of tables were empty. There was a particular table where a young man and woman were having their meal. There were only two dishes and two cans of beer on the table. I wondered if such simple meal could be romantic, and whether the lady would not eventually leave this stingy guy. There were a few old ladies on another table as I continued to make my observation. When a dish is served, the waiter would distribute the food for them, and they would finish every bit of the food on their plates. “As we were hungry, our local colleague ordered more food for us and by the time we were done eating, there was still about one third of unconsumed food on our table. But as we were about leaving the restaurant, the old ladies spoke to us in English, making it very clear that they were displeased about the fact that we were wasting so much food. ‘We paid for our food, it is none of your business how much food we left behind,’ my colleague who hosted us told the old ladies who appeared to be furious. “At that point, one of them brought out her mobile phone and made a call to someone. Interested in what she was doing since we committed no crime, we tarried a while. Not long after, a man in uniform, apparently from a social security outfit given his uniform arrived. Upon knowing what the dispute was, he issued us a 50 Euro fine. “When we asked for what our offence was, the officer told us in a very stern voice, ‘always order only what you can consume. The money you spend is yours but resources belong to the society. There are many people in the world who are facing shortage of resources so you have no reason to waste resources.” |
Betting is not a scam, but the system is rigged to favour the betting companies. It's not 100% rigged, so clever bettors who aren't greedy usually make steady income from it (Sports betting). ===== NOTE: This answer is based on Sports betting and might not be applicable to others forms of betting. ==== Another problem why people lose all the time is because they treat it like lottery or like a roll of a dice. Most people see betting as being dependent on luck. That's just fallacy. There is a little bit of luck in Sports betting but majority of time, it is purely mathematical. Team A vs Team B There are three options: A to Win Draw B to Win This gives you 1/3 chances of winning. (1÷3) x 100% =33.33% Meaning you have approximately 33.33% chances of winning a single game. Accumulate 10 games in a bet slip and your chance of winning becomes: Total number of accumulator = 10 Total outcome (based on 3-way market) = 3×10 =30 Chances of getting a Win = (1÷30) x 100% = 3.33% Now 3.33% is close to impossible. It means you will hardly get a win. Most people bet this way, that is why they are unable to win often. The solution is to avoid being greedy. The higher the number of accumulators, the higher the chances of losing. So stick to singles bet or few accumulators. You can make risky bet once in a while for the sake of fun, but your main bets should be mathematically sound. If you cannot avoid greed in sports betting, it will be better to quit. Forget the fake Twitter or Instagram posts telling you they just won 30 millions, 25 millions etc. Those are just to feed your greed and get you hooked on to Sports betting like drugs. The only people that stays afloat in sports betting are the non greedy ones. Others get drowned in sea of losses. Sport betting is a scary place for greedy folks. Sorry if my answer is a little bit too strong. There are a lot of Sports betting promoters out there. They suger-coat a lot of these thing so bigginers don't know what they are getting into and thus end up being decieved. This is the hash truth about football betting. |
Wisereborn:According to the EFFC Act, it is a crime for an individual to have more than 5million naira cash at hand. |
Meet the new General Overseer, Pastor Taiwo Odukoya's son; Pastor Jimmy Odukoya is the new General overseer of Fountain of Life Church, and his sister Tolu Odukoya Ijogun is the new associate Pastor. His ordination service is 30th of September.
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Victor Oshimen has joined the ELITE CLASS of footballers who have scored a hattrick for the Nigerian national football team. Those who blazed the trail before him inclusive of the date, venue and countries against which they recorded the feat are as follows; 1. Onyeali Elkanah, 4 goals, 29 Nov 1959, Nkrumah Cup, Accra Ghana, Nigeria 10 Benin Republic 1 2.Buraimoh Abdul , 3 goals, 29 Nov 1959, Nkrumah Cup, Accra Ghana, Nigeria 10 Benin Republic 1 3.Paul Hamilton, 3 goals, 27 Feb 1963, Nkrumah Cup, Accra Ghana, Senegal 0 Nigeria 4 4. Mordi Bobo, 3 goals, 30 Aug 1965, Friendly, Libreville Gabon, Gabon 1 Nigeria 4 5. Thompson Onoramie Usiyan, 3 goals, 14 Feb 1977, Friendly, Lagos Nigeria, Nigeria 7 Benin Republic 0 6. Olusegun Patrick Odegbami, 3 goals, 14 Jan 1978, All African Games Qualifier, Lagos Nigeria, Nigeria 7 Benin Republic 0 7. Samson Siasia, 3 goals, 11 July 1987, Olympic Games Qualifier, Lagos Nigeria, Nigeria 4 Liberia 1 8. Rashidi Yekin, 4 goals, 27 July 1991, AFCON Qualifier, Lagos Nigeria, Nigeria 7 Burkina Faso 1 9. Rashidi Yekini, 3 goals, 24 July 1993, AFCON Qualifier, Lagos Nigeria, Nigeria 6 Ethiopia 0 10. Victor Ikpeba, 3 goals, 2 Sept 2000, AFCON Qualifier, Lagos Nigeria, Nigeria 4 Namibia 0 11. Nnamdi Odumadi, 3 goals, 17 June 2013, 2013 FIFA CONFEDERATIONS CUP, Belo Horizonte Brazil, Nigeria 6 Tahiti 1 12. Odion Ighalo, 3 goals, 13 Oct 2018, AFCON Qualifier, Uyo Nigeria, Nigeria 4 Libya 0. |

