₦airaland Forum

ezugegere:
You obviously don't understand what you're posting. Selling NNPC automatically leads to complete deregulation of the oil sector. Selling NNPC doesn't mean handing over our oil to the owners of NNPC. Forex comes from sale of crude oil and notfrom NNPC. The only reason CBN gets Forex from NNPC is because NNPC is currently responsible for selling the crude. NNPC as it is today can sell crude of N10 and remit only N2 to the Federal government account. They will tell you that they have used the remaining N8 to maintain piplines and some other things. No check and balances.

Well said.

Curlieweed:
On the contrary, that will be the ultimate anti-corruption measure ever.

NNPC has been the hot bed of corruption like forever. Sell it and obliterate corruption. Why do you think OBJ and Mumuharri acted as Ministers for Petroleum?

Regarding, the Forex non-issue, the new owners will still sell their forex in the market. Moreover, the government will still receive its 85% Petroleum Profit Tax as well as 10% Royalty all payable is US$. There shouldn’t be much of a short fall in that regards. The proceeds from the sale of the corporation will also be in Forex. Actually, the Saudis are planning a similar sale for Saudi Aramco.

Mai! I am almost sounding like an Atiku supporter but the economic reasoning is unassailable.

Massive corruption in NNPC. Privatization would go a long way to make the NNPC efficient.

How NNPC gets FX:

Direct oil Sales (NNPC) (70%)
Petroleum Profit Tax (Oil Companies) (20%)
Royalties (5%)
Penalty for Gas Flaring (5%)

This shows me that they are just there as the middleman. What stops the DPR from performing the function of the NNPC?

Viergeachar:
The past is past.

Who talks more is more jittery. Putin issuing threats here and there shows that the tide is changing.

Exactly. That's why I love the United States. They won't showcase any weapons. They will just be looking at you......until you fire or attempt to fire. Then you will understand why they are the world super power.

Viergeachar:
The past is past.

Who talks more is more jittery. Putin issuing threats here and there shows that the tide is changing.

Exactly. That's why I love the United States. They won't showcase any weapons. They will just be looking at you......until you fire. Then you will understand why they are the world super power.

Racoon:
The emir was quoted to have said: “It is not always easy to have a leader who has both integrity and capacity to govern – two important qualities of a leader. If a leader does not have both integrity and capacity to govern, choose the one that has the capacity to govern because his capacity to govern will benefit the people while his lack of integrity will be his own harm. If you choose a man who has integrity without capacity to govern, his lack of capacity to govern will harm the people while his integrity will only benefit himself.”

He spoke well.

Slynation:
Yes he did.....!!

You the quoted the whole post!
[img]https://media1./images/c60888bdcd518cf81a33e5d6d246ff3e/tenor.gif?itemid=5100823[/img]

Hmmm. Let me think about it......

Done thinking and the answer is no. We can't afford another four years of Bubu.

This election will be the most closely monitored election in the history of Nigeria. APC shouldn't try any hanky Panky.

seyigiggle:
copy copy

Gbam

madridguy:
Baba Buhari never look my side ooooo. Had been I don get green light, my capaign for him for pass dis one naa

Lol.

This is trash. We don't need to wait till Saturday to know sef. Tomorrow has a lot of drama in store.

Make I go watch film. I dey come.

madridguy:
I beg I no chop anything ooooo if I see money chop by now na buruj Al Arab I suppose dey.

So all the contract when you dey ask for since, dem never still answer you?

[quote author= post=75929279]Don't sha hit your head on the wall while walking out and don't dare snatch ballot boxes on saturday.
Safe trip![/quote]Thanks love. I only heard "don't hit your head".....

fergie001:
Ole..
The one dem give you before,them shift the vote nah?

Lol madridguy don chop the money

I totally agree with the two posters above me.

Oyimeoyimemua:
You leaders represent you and speak on your behalf except if u people are fictionalised

Everyone has the right to associate with whomever they want. We have several parties. We don't run a godfather system. Some are APGA, other's are PDP. Others support APC and some don't care, they want biafra.

Expecting all Igbos to support one candidate is the foolishness the BMC have been trying to perpetrate in yoruba land.

BMC thread.

Walks out.

slivertongue:
FEC are sycophants

"at your own expense" means anything and not necessarily a death sentence.

simpleseyi:

The North and the South-West are not voting a bisexual Cameroonian with a world breaking record of national treasury looting as President.

Where's is the record? Someone cannot break record without any evidence nah. Shuo.

ManirBK:
Next level no shaking

Next level is a place in the streets? No house for this young man?

kehinde1588:
Shame on you. You can't even type we again.

All this rubbish will stop on Saturday. All of una eyes go clear.

Lol. Happy eyes clearing to you.

salykely:
PDP in action. This was how rivers of death started under Woke. The Wike strategy

I disagree. For where Okorocha dey?

Oyimeoyimemua:
A tribe that will endorse a candidate then wakes up tomorrow to endorse his opponent is indeed confused, they have never spoken in one voice on any national issue... Have you watched the political behaviorof the Hausa tribe? Once the endorse a candidate they stand by him through thick and thin to the point that even the alamajiri on the street aligns with such endorsement

Since when does a handful of elders constitute an entire tribe?

sarrki:
It is not wrong bro

It’s called freedom of association

Can a military personnel do the 4+0 sign?

This does not in any way encourage the common man to vote for Buhari. It simply tells us that Buhari is ready to use the police and army to rig this election just like Osun state.

Oyimeoyimemua:
Confused tribe

I disagree. Confused APC members.

mostojr:
A guilty man is always afraid. Always looking over his shoulder. If the government has nothing to hide, why are they afraid of monitoring equipment?

Don't mind them.

kehinde1588:
is that a justification for PDP to violently attack APC members and incite chaos?

Scam. This is APC attacking APC. Nor be una carry una self go court?

RoyalUc:
He actually commended the gesture.

Between free bus services for voters and trademoni for petty traders, which is a better 'assistance?'

Voters money na bribe jor.

kehinde1588:
I am being compelled to ask if your brain is working at all?

Just reason this yourself, APC will set up thugs to attack and kill their own candidate and supporters abi.

80% of APC campaigns have been marred with violence. It became so bad that APC could not blame PDP anymore.

Let's condemn this biko.

Let's not allow APC tag this as integrity. They like to talk nonesense a lot.

helinues:
I am not discouraging people from the free buses services that will be operated by politicians.. Please be careful oo.. This is not about a party.

Scam. APC member