₦airaland Forum

GamalNasser:
It' might be actually 3

The woman in Enugu

The American in Ekiti

Mister Achimugu

surgical:
And buhari supporters were foaming in the mouth that FFK got his statistics wrong meanwhile they are the uninformed ones

Brunosamel:
You don't need to breakup with her for you to stay focus all you have to do is to talk to her about your priorities and tell how difficult and hard it's gonna be for you, she won't be getting any of your attention as she use to cuz you need to set your life straight... if she loves you enough she will stick around and support you....

The only leader in the world that has refused to address his people on COVID 19 is Buhari. Why is this so? Does he have a covenant with death? Is he happy about the loss of life? Does he consider them to be sacrifices? His behaviour is inexplicable, sinister, macabre & abnormal.

AmuDimpka:
Oh yes... Or don't you know that the letter was copied to other global agencies

You no go see the loan...cry

franugo:
My thoughts exactly... I'm pretty sure Chinese govt considered all factors before deciding to grant the loan, so what exactly is d new information that the elites gave them that made them do a volte face More likely, to me, is dt d advent of coronavirus destabilized them n is d main reason. .. .of course, that's if China actually pulled out

AmuDimpka:
The south east elites wrote China Exim bank not to borrow from what I read

johnmattew:
more than 100 percent reduction actually

todaynewsreview:
In compliance with the Federal Government directive after it's weekly Federal Executive Council (FEC) meeting, the Nigerian National Petroleum Corporation (NNPC) reviewed pump price all over the country to N125/litre. This is contain in a press release via their Twitter handle. Screenshot below:

CC: lalasticlala

jamata20:
President Muhammadu Buhari has approved the reduction of the pump price of petrol to N125 per litre.


Buhari was said to have approved the price reduction after the Minister of State, Petroleum Resources, Mr Timipre Sylva, briefed him on the the current crash in the global price of crude oil.

Confirming the development, Special Assistant to the President on New Media , Tolu Ogunlesi on Wednesday, March 18, 2020, said the price reduction takes effect immediately.

He said, “PMB has graciously approved that pump price of petrol should drop. Will be N125 per liter henceforth, at this time. NEW Price modulation mechanism will allow petrol price to drop or rise in line with the changes in crude oil prices. Effective immediately”.

BAAKUS1447:
The Federal Government has approved the reduction of the pump price of Premium Motor Spirit (PMS).

While there are reports that the PMS price was reduced from N145 per litre to about N130, the statement from the ministry of petroleum resources did not state categorically what the new price of petrol will be.

In his communique on Wednesday, Mr Timipre Sylva, the minister of state for petroleum resources stated that the drop in crude oil prices has lowered the expected open market price of imported petrol below the official pump price of N145 per litre.

Heb further revealed that in line with the current market realities, President Buhari has directed that Nigerians should benefit from the reduction in the price of the PMS.

The minister’s statement read:

REDUCTION IN PRICE OF PETROLEUM MOTOR SPIRIT (PMS)

The drop in crude oil prices has lowered the expected open price of imported petrol below the official pump price of N145 per litre.

Therefore, Mr President has approved that Nigerians should benefit from the reduction in the price of PMS which is a direct effect of the crash in global crude oil prices.

In view of this situation, based on the price modulation template approved in 2015, the Federal Government is directing the Nigerian National Petroleum Corporation (NNPC) to reduce the ex-coastal and ex-depot prices of PMS to reflect current market realities.

Also, the PPPRA shall subsequently issue a monthly guide to NNPC and marketers on the appropriate pricing regime.

The agency is further directed to modulate pricing in accordance with prevailing market dynamics and respond appropriately to any further oil market development.

It is believed that this measure will have a salutary effect on the economy, provide relief to Nigerians and will provide a framework for sustainable supply of PMS to our country.

The Ministry of Petroleum Resources will continue to encourage the use of compressed natural gas to complement PMS utilization as a transport fuel.

Mr Sylva had last week said the government was in consultation with relevant stakeholders on the possibility of reducing the price following the crash in crude oil prices in the international market.

Following the outbreak of the coronavirus, the prices of crude oil globally have witnessed sharp deeps.

Brent Crude has been sold for $35.44 per barrel while Bonny Light has been sold at $33.63 dollars per barrel, these values are way below the $57 per barrel benchmark for the 2020 budget.

Switruth:
. Agreed but even in excavation areas that explosives are used. People are adviced to leave the vicinity. It’s unfortunate.

“We later heard from the manager of the restaurant that some days ago, some two Nigerians came to the restaurant and asked to be served, after they handed them the menu, they looked through it and left. We concluded they possibly didn’t recognize the food or what to order.

“Just a few days after, the business place was sealed up, without the Commission asking for our response to any allegation against us.

Switruth:
. We are saying the same thing boss. And there are many more sitting and living on top of these bombs. Something should be done to identify these places and make amends of relocation to avoid this kind of disaster. My sympathy goes to all that’s affected.

Simplyleo:
So whose fault?

The govt or the residents?

How many of the residents even have an idea of the consequences of settling around the area? I understand even a secondary school is there, so what are we saying?

Rules are not just made, they are also enforced. In enforcement of rules, the govt need not give a damn about individuals as long as they are violators. They can make all the noise, but the rule must be enforced.

If there are no strict enforcement of the rule stopping people from building houses under high tension power transmission cables, you think there wouldn't have been settlements and markets directly under those cables?

Did the govt make any effort to stop people from residing in the vicinity of the gas pipeline?

Were those lands sold without the approval of town planners?

sunky97:
The security of President #Buhari was almost breached today.
Safety of President should be better managed than this.
I believe his security team can do better than allow this kind of error.
flash=800,800]



https://www.youtube.com/watch?v=eErW7Hc0vXU[/flash]

blowjohn:
So ur equating prisoners and militants to terrorists?
U think their ideologies r the same?

trutht828:
But you made excuse for it, didn't you?

trutht828:
Have you asked yourself why the repentant armed robbers in Nigeria prisons have not been rehabilitated?

Have you visited Nigeria prisons lately to see their living conditions? Have you seen the VIP treatment given to captured Boko haram members?

Does that also sound sensible to you?

GamalNasser:
Which Military cert? Name them ? I hope you have have heard the US War college say what they gave Buhari is a mere attendance cert and doesn't represent any class of degree

Maxymilliano:
Had it been such laudable bill has been passed some 6 years back, we wouldn't have been in the current mess we found ourselves.

MrBachelor:
This, in my opinion, is the only reasonable bill to be proposed by the rubber stamp Senate since its inception. Sadly, it is coming a little late. If this had been a law since before 2015, Nigeria would have been saved from its current misadventure. But I fear that when passed the senile one may fail to assent to it.

GamalNasser:
If we passed this 10 years earlier today Nigeria will not be on the verge of Economic and social extinction Buhari has brought

Mandeyy:
[s]Tribalism has made you sense.less. Who told you that those Boko Haramites genuinely repented? Besides, what Guardian wrote about the 40 percent of the loan that will be given to the loan facilitators is true. No country has ever rehabilitated terrorists. They kill them to serve as a deterrent to others, and that's what Niger Republic did recently. So, stop writing trash. The PDP government didn't rehabilitate terrorists. Niger Delta militants were not terrorists. They agitated that their region was ravaged by oil spillage, gas flaring, and environmental degradation, but the government didn't listen to them. Go there and see things for yourself. The resources are from their region, but they're in perpetual pernury. So, they were freedom and resource control fighters. The best government should have done was to entrench fiscal federalism, but it didn't do that. The North benefits from their resources. The highly influential Northern personalities own oil wells in the Niger Delta, while little or nothing came to their people. And that's injustice. Could you please tell me the genuine reason Boko Haram terrorists had (or still have) for killing people? Even Niger Delta militants didn't kill innocent Nigerians living in the Niger Delta. They only focused on destroying government and multinational companies' oil installations, and at times, the soldiers were killed because they wanted to kill them. Your point is pointless. You're filled with tribalism.[/s]

Oracle23:
So which islamic terrorists have America or europe rehabilitated?

And pls which terrorists did GEJ rehabilitate?

Oracle23:
Stop pretending as if u dont know Nigeria again. Even if it's not 40%, just know that high grade looting is being prepared to be executed on this loan

TylerDurden:
So, despite all the foolishness of this govt you are still giving them a benefit of a doubt?

It is this same Govt that is planning to hand Abacha loot to the current Governor of Kebbi state.

It is this same Govt that is going after a legal secreatry of the NNPC over the P&ID scam that was orchestrated by Lukmann and Barkindo (then GMD NNPC).

This same govt that stated that lukmann (who is since late) was a ''honest'' man and can not be indicted in the P&ID scam. Ok, what of Barkindo who was GMD NNPC at that time who is alive and well and now the chair of OPEC?

Was it not this same Buhari that saw nothing wrong with Ganduje stuffing wads of dollars in his babariga ?

Was it not this same govt that claimed Abacha loot was not stolen but stashed abroad for rainy days?

Was it not this same Buhari govt that gave Tinubu two bullion vans worth of cash to pay thugs to rig and snatch ballot boxes?

What of the NIA loot that Kingibe stole and which led to the sack of the then NIA DG?

You better get sense.

The article is 100% accurate!

They have schemed off $9bn for themselves from this loan.

TylerDurden:
The Guardian.

I will link the source here for you

And are you still trying to rationalize a govt that is rehabilitating repentant Terrorists, proposing Fulani Colonies and pushing laws that will get you executed over your free speech?

TylerDurden:
Here is the link
https://guardian.ng/news/furore-over-alleged-exclusion-of-south-east-edo-from-22-7b-loan/

TylerDurden:
FG will pay $9bn out of the $22bn for consultancy.

The useless mods here keep deleting any thread that highlights this aspect of the scam loan.

Agboriotejoye:
Go back and read the OP for answers to your questions. You should have read the OP and digested before forming defender of the universe.

Of course the minister can sign. Which begs the question what Kyari is there for? Or is he there to interpret the agreements to the minister?