Politics › Re: Bola Tinubu Meets Ohio Secretary Of State, USA In Abuja (Photos) by Minime10(m): 7:32pm On Jul 21, 2022 |
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Politics › Re: Now That We've Found Out That They Are Real Clerics. by Minime10(m): 5:26pm On Jul 21, 2022 |
You mean real fake bishops  ? Wetin be the name of the fake female bishop of tinubu diocese  |
Politics › Re: Peter Obi Visits Bishop Oyedepo. Sparks Reactions (Photo) by Minime10(m): 9:05pm On Jul 20, 2022 |
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Politics › Re: One Of The APC Rented Bishops Finally Speaks by Minime10(m): 9:01pm On Jul 20, 2022 |
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Politics › Re: Tinubu Camp Hired ‘Unknown Bishops’ To Venue Of Unveiling Of Shettima - Sahara R by Minime10(m): 5:42pm On Jul 20, 2022 |
Every sensible person no say na arrangee bishops dem be, except Bobo Chicago's agbado&cassava eating urchins dat were glutting over the presence of few criminals bought with looted notes, to wear some poorly made priestly robes, with a view to giving credence to the Drug/Terrorist ticket of the evil apc |
Politics › Re: How Adeboye And Tinubu's Secret Meeting At Redemption Camp Was Leaked by Minime10(m): 5:18pm On Jul 20, 2022 |
Lighthome: Some miscreants bitterness toward Tinubu that has never insulted them once, is something else. Please be reminded that Tinubu wife is a pastor in RCCG. I am from Edo state and a pastor, I tell you that I stand with Tinubu. If u like crawl with him. Birds of same feather... I hope u've eaten your agbado & cassava today  U don't even sound like a genuine pastor self... 419 Yahoo Yahoo pastor |
Politics › Re: How Adeboye And Tinubu's Secret Meeting At Redemption Camp Was Leaked by Minime10(m): 5:16pm On Jul 20, 2022 |
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Politics › In Less Than Ten Months by Minime10(op): 5:09pm On Jul 20, 2022 |
In less than Ten Months, Buhari is going to be just like every other ordinary citizen and let us see how many Countries he will be travelling to in a Month. |
Politics › Re: Family Disowns Tinubu As Their Member Launches Family Book by Minime10(m): 4:43pm On Jul 20, 2022 |
How are we even sure this mysterious man is a Nigerian Let it not be what I'm thinking now ooh!  |
Politics › Re: Family Disowns Tinubu As Their Member Launches Family Book by Minime10(m): 4:40pm On Jul 20, 2022 |
Fahdiga: Tinubu the mysterious man is more dangerous than we think. No childhood friends. No primary and secondary school classmates. His real names are Yekini Amoda Ogunlere from Iragbiji Osun state. If only INEC is truly independent they would have disqualified this unknown man. Unknown agbado&cassava man  |
Politics › Re: Many Priests At APC Unveiling Of Shettima As Tinubu's Running Mate (Photos) by Minime10(m): 4:13pm On Jul 20, 2022 |
Built2last: APC plans to unveil their VP today.
See the number of priests invited
When did priests start attending political party unveiling Stop calling criminals priest |
Politics › Re: Over 30 Bishops At The Venue Of The Unveiling Of Our Incoming VP Senator Kashim by Minime10(m): 3:43pm On Jul 20, 2022 |
Arysexy:

Abokee wearing rumpled clergy robes are now Bishops robes?
What are their names and diocese?
See this one on nose mask wearing rumpled Catholic priests chasuble which is only worn to celebrate mass in the public. Evidence that this is fake and staged. U are a confirmed Catholic No Priest of the Catholic Church can put on chasuble unless during mass. This people don't even know how to do propaganda |
Politics › Re: Over 30 Bishops At The Venue Of The Unveiling Of Our Incoming VP Senator Kashim by Minime10(m): 3:35pm On Jul 20, 2022*. Modified: 4:05pm On Jul 20, 2022 |
wwwihy: Pastor Okezie Who is talking about Yahoo Yahoo & brown envelope drug sniffing idiots in priestly cassocks  And what makes u even think there are Christian bishops  Any bigots can buy those regalia & put in on mind u |
Politics › Re: Many Priests At APC Unveiling Of Shettima As Tinubu's Running Mate (Photos) by Minime10(m): 1:12pm On Jul 20, 2022 |
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Politics › Re: Many Priests At APC Unveiling Of Shettima As Tinubu's Running Mate (Photos) by Minime10(m): 1:00pm On Jul 20, 2022*. Modified: 1:17pm On Jul 20, 2022 |
Built2last: APC plans to unveil their VP today.
See the number of priests invited
When did priests start attending political party unveiling Brown Envelope & Drug Sniffing Yahoo Yahoo Priests  I can swear with Tinubu's two balls that those conmen are no priests, not even a single one of them. |
Politics › Re: NNPC Was Yesterday Unveiled As A Private Company. Here’s What That Means ? by Minime10(m): 11:53am On Jul 20, 2022 |
blamingthedevil: Nigerian National Petroleum Company Limited on Tuesday made it clear that it would no longer remit any money to the Federation Accounts Allocation Committee for sharing to the three tiers of government monthly.
It said this was based on its latest transition from a public corporation to a limited liability company and that it currently owed no money to FAAC, as all monetary arrears to the committee were owed by the old corporation and not the new oil company.
This came as President Muhammadu Buhari officially unveiled the NNPC Limited on Tuesday and declared that the new entity was henceforth free from institutional regulations.
Buhari, who made this public at the Presidential Villa, Abuja, stated that the oil firm would from now on conduct itself under best international business practice.
Before its official unveiling as a limited company, NNPC had failed to make any remittance to FAAC since this year. It had consistently deducted the amount it spends on fuel subsidy monthly, a development that had eroded the funds which it would have remitted to the committee.
Findings showed that between January and May this year, the oil company had spent N1.274tn on petrol subsidy, being the sole importer of the commodity into Nigeria. It, however, described its subsidy spending as under-recovery of a Premium Motor Spirit/value shortfall.
Speaking to journalists on the sidelines of the unveiling of the new oil company, Chief Executive Officer, NNPC Limited, Mele Kyari, stated that the firm was now a private outfit and had nothing to do with FAAC anymore.
Responding to a question on what would happen to NNPC’s monthly FAAC contributions, kyari replied, “We are now a private company; would MTN go to FAAC?”
When probed further to tell if there would be no more FAAC remittances from the company going forward, he said, “We will pay our taxes, royalties and deliver dividends to our shareholders.”
Asked about the arrears to FAAC that were not delivered by the firm over the years, the CEO said, “Which arrears? That’s Nigerian National Petroleum Corporation.”
What NNPC transition implies
NNPC explained some of the changes that had taken place or would happen based on the transition of the firm from a corporation to a limited company.
Kyari said, “You now have a smarter, more responsive and much more accountable company that must act within the premises of all regulations that are in Nigeria for private companies.
“It must also meet the standards of best practice in every industry in terms of governance, complying with regulations and beyond these, eyes are on the ball that your shareholders are expecting you to deliver value to them.
“That value must translate in two forms. One is that they must see dividends and the second part is that you must deliver energy in this country. This company is now in a position to do both of them because it is now a nimble company, can act, borrow and return peoples money quickly.”
He said the firm would now make decisions very quickly, get the best class of people anywhere in the world, inject them into the company and get its Initial Public Offer ready by June 2023.
“I am sure Nigerians will see a very different company in the coming days and months. And we are convinced that by the mid of next year this company will be IPO ready,” Kyari stated.
Proving further explanation, he said, “IPO ready means that you have systems and processes lined on the side of profitability and is a company that is accountable to its shareholders and stakeholders.
“Simply that is what IPO processes look for; to see that you have the assets. Today government has transferred those assets to NNPC and we have very ample assets that nobody has in this country and, of course, not even in Africa.”
Fuel subsidy now Nigeria’s burden, not NNPC
Asked to explain how the oil firm would handle subsidy on petrol being a commercial entity, Kyari replied that fuel subsidy was not a burden of NNPC.
He said, “Subsidy is not NNPC’s burden. Subsidy is the decision of the state and in every jurisdiction anywhere in the world, countries see them differently. In some countries, they put petroleum tax on top of the market price of these products.
“So when decisions are to be made in some jurisdictions they will reduce the level of taxation. That also is another form of subsidy. In some countries, you have zero taxation but you will pay the market price for the commodity. That also in a way, in fiscal system, looks at it from a subsidy point of view.
“In very many countries, a leader can decide that I don’t even want my countrymen to buy it at the market price. I’m ready to reduce that price for them so that they can buy.”
Kyari added, “In either case, whichever way the decision and the policy of the state decides, you know NNPC is there in the space to provide the product to the state at commercial value and, of course, it is also our duty to deliver to the customer at the price that the state wants.
“So it is no longer an NNPC issue. NNPC will have no issue with this. NNPC will be happy to supply because we will now see the state as our customer.”
He further explained that the new NNPC had no need for a sovereign guarantee, as lenders would only ask for such when the company seeking the loan lacked access to its assets.
“Today the assets are in our books and have been transferred to us. That is what banks are looking for, and that is the reason why they ask for a sovereign guarantee,” he stated.
The NNPC boss denied claims that the company’s workforce was bloated, as he stressed that “today our total population is just 7,000 and I believe that with the expansion we have in the plan we are going to get more people to work for us.
“The law has also provided that no one is going to leave this company. Everybody’s work is preserved, their benefits are preserved. So there is no matter of concern for the employees of this company.”
NNPC Limited free from institutional regulations
Speaking earlier during the event, before unveiling the new company, Buhari declared that NNPC Limited was henceforth free from institutional regulations.
He said, “The provisions of PIA (Petroleum Industry Act) 2021, have given the Nigerian petroleum industry a new impetus, with improved fiscal framework, transparent governance, enhanced regulation and the creation of a commercially-driven and independent national oil company that will operate without relying on government funding and free from institutional regulations such as the Treasury Single Account, Public Procurement and Fiscal Responsibility Acts.
“It will, of course, conduct itself under the best international business practice in transparency, governance and commercial viability.”
The President said the government was transforming the petroleum industry to strengthen its capacity and market relevance for the present and future global energy priorities.
“By chance of history, I was privileged to lead the creation of the Nigerian National Petroleum Corporation on the July 1, 1977. Forty-Four years later, I was again privileged to sign the Petroleum Industry Act in 2021, heralding the long-awaited reform of our petroleum sector,” he stated.
The President further noted that coincidentally, “I, on July 1, 2022 authorised transfer of assets from the Nigerian National Petroleum Corporation to its successor company, the Nigerian National Petroleum Company Limited, and steered the implementation leading to the unveiling of Africa’s largest national oil company today.
“I therefore thank almighty God for choosing me to consistently play an important role in shaping the destiny of our national oil company from the good to the great.
“NNPC Limited will operate as a commercial, independent and viable NOC at par with its peers around the world, to sustainably deliver value to its over 200 million shareholders and the global energy community, while adhering to its fundamental corporate values of integrity, excellence and sustainability.”
https://newsscrollngr.com/index.php/component/k2/item/29843-nnpc-was-yesterday-unveiled-as-a-private-company-here-s-what-that-means-for-faac-remittances-fuel-subsidy-others It beat one's imagination how Nigerians of all spheres of life, with all their claim intelligence could always be easily scammed like this Someone has been the Minister of Petroleum for almost 8 years now, without any form of prudent management & accountability regarding what has been going on in that sector all these years, but just few months to the end of his maladministration, they have hurriedly change the institution from a Government Corpration to a Limited Liability Company to avoid probe & some people are celebrating the charade  |
Politics › Re: Those Killed On Sunday Were Members Of ESN, Not Wedding Guests – Imo DSS Claims by Minime10(m): 11:18am On Jul 20, 2022 |
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Politics › Re: Petition For Criminal Review Of Tinubu Gets More Than 8k Signatures In 4hrs by Minime10(m): 9:28am On Jul 20, 2022 |
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Politics › Re: Yari Meets Wike Behind Closed Door. by Minime10(m): 9:22am On Jul 20, 2022 |
famology: The immediate past Zamfara State governor, Abdullaziz Yari met with the Rivers State governor, Nyesom Ezenwo Wike at the later's private residence in Port Harcourt on Tuesday. Dem say wike na paper weight politician, yet dey no wan make my geee drink water drop cup again. Politicians don turn im haus to a political meca of some sort. Even Ameachi wey contest for presidential primary and failed, no body don go meet am for talks |
Politics › Re: Governor Oyetola Pencils 50 Lawyers. APC, Adeleke Trade Words by Minime10(m): 9:08am On Jul 20, 2022 |
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Politics › Re: INEC To Davido: We Don’t Have To Issue Certificate Of Return Within 48hrs by Minime10(m): 7:21am On Jul 20, 2022 |
fergie001: Earlier this morning, David "Davido" Adeleke faulted the Independent National Electoral Commission (INEC) for having not issued the Certificate of Return to his Uncle and winner of the July 16 Guber election, Ademola Adeleke.
INEC's reacts:
SOURCE Did INEC waited for 14days before it issued a Certificate Of Return to the APC man that won in Ekitti State  I think there is a popular saying that what is good for the geese should equally be good for the gander. Or do we now have APC INEC  |
Politics › Re: Senator Magnus Abe Dumps APC To Pursue Rivers Guber Ambition by Minime10(m): 6:45am On Jul 20, 2022 |
[quote author=Maxymilliano post=114898442][/quote]Eeeyaah! So how u wan take give Bobo Chicago the 1million votes from Rivers State wey u promise am na  Conmen everywhere u go  |
Politics › Re: Fulani Herdsmen Kidnap Supervisor At Alao-Akala’s Farm; Demand ₦100 Million by Minime10(m): 7:47pm On Jul 19, 2022 |
They should keep him a beg Alao Agala's farm u mean  |
Politics › Re: Incorporate Our Interest Or Lose Bloc Votes – Herdsmen To Atiku, Tinubu, Obi by Minime10(m): 12:03pm On Jul 19, 2022 |
See this terror gang with boldness No be only bloc votes, na brick vote  |
Politics › Re: Lai Mohammed Bashed For Accusing Peter Obi Of Sponsoring Endsars Protest by Minime10(m): 7:18am On Jul 19, 2022 |
Lie Muhammed will pretend not to see nor hear about a bandit kingpin being turband in Zamfara State as Sarkin Fulani . His foolarly is about Peter Obi |
Politics › Re: Is It Peter Obi Or His Wife That Is A Member Of Olumba Olumba Obu? by Minime10(m): 11:17am On Jul 18, 2022 |
So what is wrong if he/or his wife is going or has ever gone to olumba olumba as a member or a visitor  As the Right to Freedom of Worship and Association been removed from the Constitution  Is olumba olumba not a religious organisation anymore  |
Politics › Re: ENDSARS: "Peter Obi Is The Brain Behind ENDSARS Protest"~ Lai Mohammed by Minime10(m): 11:11pm On Jul 17, 2022 |
Tailorcaesar: "Recent development has now unveiled the brain behind ENDSARS Protest in Nigeria which led to the destruction of Government properties and security agencies loosing their lives.
"Over the years now, investigation has been going on in order to unveil those behind this wicked act just to tarnish the good image of President Muhammadu Buhari and his good works.
"Mostly all the people and the misguided youths who championed the ENDSARS Protest are all campaigning for Peter Obi for President. All of them, no exception. That will go along way in telling you that Peter Obi knows much about ENDSARS Protest and those behind that ugly act must be brought to book to face disciplinary actions.
"Go online today, every youth that participated in the protest are all campaigning for Peter Obi. I can categorically tell Nigerians that Peter Obi masterminded the protest in order to gain ground and favour for his Presidential ambition but unfortunately for him, it didn't work as our government can never give in to cheap blackmail.
"We have achieved alot and no individual can destroy what we have achieved with propaganda and blackmail. Come 2023, Nigerians are ready to disgrace him at the poll for masterminding the ugly protest that nearly destroyed Nigeria.
"No Party can do what we have done in Nigeria for the past Seven and half years now. We have achieved alot that is why we have to continue in order to bring more dividends of democracy to Nigerians."
~ Lai Mohammed Now I can confirmed that lie Mohamed is completely MAD  |
Politics › Re: Where Is Babatunde Raji Fashola? by Minime10(m): 1:52pm On Jul 17, 2022 |
Validated: Studying the principles of rocket science in darkness and discovery of hidden cameras You almost crack me up  |
Politics › Action Of Portable Misfired & Backfired by Minime10(op): 11:42am On Jul 17, 2022*. Modified: 1:46pm On Jul 17, 2022 |
How on Earth could you procured a mad man to come & rub his smelling nyash & fart on Awo's statue the symbol of Yoruba pride and you expect to win. The trouble spirit of Papa Awo could not condone such rascality  |
Politics › Re: Agbado & Cassava Gang by Minime10(op): 11:33am On Jul 17, 2022 |
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Politics › Re: Labour Party :An Advise For The Party. by Minime10(m): 11:31am On Jul 17, 2022 |
EndWeakerection: Check the meaning of " Worry " I got lots of time, to talk about Political issues ,Its My hobby
Nothing I'm not telling you than LP Supporters and LP can't Win 2023 Presidential election... Its Between APC and PDP... Maybe U need a Louder Voice
Enjoy your weekend sir It doesn't seems to me that, you do understands what the word "worry" means. Nevertheless I leave you to your worries |
Politics › Has He??? by Minime10(op): 11:25am On Jul 17, 2022 |
Has buhari congratulated Adeleke over his victory  Bad losers  |