This event was held in February 2023 when Oladayo Amao was still Chief of Air Staff(under President Buhari) Current Chief of Air Staff is Hassan Abubakar.
I am wondering why the op is just posting it as if it happened recently

Be like say the babe stil dey single - Ms Nathasha. How person fit migrate to that country bayi?

https://www.vanguardngr.com/2021/09/vat-what-states-generated-received-in-past-8-months/amp/

I knew it was a matter time before Oyo State makes a request to be joined. One cannot but shake one's head seeing the figures generated by/allocated to Zamfara.

post=105987944:
Says a man/party that borrowed money to pay workers salaries at the period our darling nation made the highest revenue/profits in the sales of crude oil in the history of our nation.
Shameless supporters suffering from collective amnesia too are drawing saliva, hypocrites everywhere.
Tueh...

Guy,
Are you so ignorant of the time Obj was in power or just being mischievous? I get it you must keep BLINDLY supporting your darling Daddy as you call him, but not by telling silly lies.
When exactly between 1999 and 2007 did Obj borrow to pay salaries? You can't be so drunk this early morning to be mistaking Obj for Jonathan. That man said the plain truth and nothing you say here will change it. May we all be alive after 2023 when we shall know exactly what happened regarding corrupt practises during this regime.

Ibkhaleel01:
Unjust hatred for people will consume you. We see the obvious in the very hilarious VAT battle that is happening. I just dey observe.
Many supported Governor Wike's decision to be collecting VAT because they say "the North contributes nothing and they want to be collecting". But if they know their facts they will understand that they are digging a hole for themselves. They will realize it is all of us that will suffer when States collect VAT.
First of all, after Lagos, the next place that contributes the highest VAT (20%) is the FCT which is in the North. Yes this is followed by Rivers at 6% but Kano is next with 5% and this is followed by Kaduna. So no, it is not as you have been misinformed. The only special case is Lagos. So your State will suffer. Even Lagos will suffer with much more people migrating there. When resources are shared among Federating Units, it is shallow to always think it is injustice. Give Lagos 100% of it's VAT, Mukaila from Sokoto, Chinedu from Aba and even Lasisi from Osun will all migrate there. So what is the point again?
Secondly, in the federal system, companies with less than 25 million were not VATable. You think you are doing Northerners but your company will become VATable once Wike's law is replicated in your State. Why do you think commercially massive States like Abia and Anambra do not top the list of VAT contributors? Because those boys in the market were not exactly VATable, wait until what you are blindly supporting takes effect. VAT will be collected like motor park tickets. Then you will see where hate has led you.
Third, people will most likely pay VAT twice across different states with different laws because Wike does not know what is input and output VAT and did not listen to Nojeem Olasubomi Yusuf and others who politely asked him about it.
Some have even termed Wike the leader of restructuring in Nigeria. A gullible people in search of heroes. Being used and misled by every opportunist. Stop allowing yourself to be used by politicians to settle their personal scores while they tell you they are fighting for your interest.
You need to first know what your interest is to know who is actually fighting for or against it

Oga there's a difference between a state's Internally Generated Revenue(IGR) and Value Added Tax(VAT). The figures you quoted 20% for FCT, Rivers 6% and Kano 5% are percentages of IGR generated by each state of the total total generated by all 36 states and the FCT. What that means is that if the total IGR generated by the states and FCT say for 2020 is 100 billion. FCT generated 20 billion while Rivers generated 6 billion. The IGR is collected and administered by each state and the FCT.

Now, coming to VAT, presently the FG through FIRS currently collects VAT and then the collection makes up part of what is shared between the 3 tiers of government. What Rivers and Lagos State governments are now saying is that the VAT collection and sharing formula is lopsided. And I think it makes sense cos FIRS collected 14 billion VAT in a particular month from Rivers State but shared them only 4.5 billion thereabout. The responsibility of providing adequate infrastructure to support the businesses and residents of Rivers that paid the 14 billion VAT rests on Rivers government while the got only 4 billon to shoulder the responsibility.

Meanwhile a state like Katsina with a very lazy governor will generate 50 million VAT and then get 1.8 billon from FIRS VAT proceeds. That's why they keep pampering the bandits ravaging the state since there's enough money to keep paying them millions. After all, some hardworking state governments generated the monies.

So if Rivers start collecting VAT directly, her IGR will increase by about 14 billion monthly while a state like Katsina or Gombe will will have to either make do with reduced income or become more innovative in increasing their IGR.

It's a win win for everyone at the end of the day

Why Cooking gas prices are soaring in Nigeria
A lot of questions have been asked about cooking gas prices

When will the cooking gas price increase stop?
Will cooking gas prices continue to increase?
What can the Federal Government of Nigeria do about Cooking Gas?
Are cooking gas prices controlled by a cartel?
Would cooking gas prices drop in summer?
This post attempts to explain the reason why cooking gas prices are currently on the increase
When the cooking gas price trend would reverse to the downward trend
Factors or reasons for the cooking gas price increase.
What the Federal Government of Nigeria can do to alleviate the effect of the price increase
Nigeria has experienced the highest cooking gas prices at the depot and retail side of the business. Today, 20 Metric Tons of LPG cost 7.2 Million Naira in Apapa and Delta depots. On the retail side, a 12.5kg LPG ranges from N5,000.00 to N6,000.00 in places like Owerri, Ogwashi, Port Harcourt, and Calabar. In states like Gombe, Jigawa, Katsina, a 12.5kg LPG ranges from N5,400 to N5,800.00 according to feedback from our Facebook page.

Several factors are responsible for the increase of LPG prices in Nigeria. Firstly let us look a little at the past – how LPG prices reacted to some factors. In 2019 International Butane price ( Mont Belvieu ) was 234.4 USD/MT as of July 15, Depot price was N3.1 Million for a 20MT at the depot and Foreign Exchange (FX) Interbank rate was 360 Naira/USD; the price of 12.5kg was about N2,800.00. In 2020, after the Lockdown, International Butane price ( Mont Belvieu ) was 238.5 USD/MT as of July 15, Depot price was N3.7 Million for a 20MT at the depot and Foreign Exchange (FX) rate was 387 Naira/USD; the price of 12.5kg was about N3,500.00. Today, the International Butane price ( Mont Belvieu ) is in the range of 570 USD/MT, Depot price was N7.2 Million for a 20MT at the depot and Foreign Exchange (FX) rate is 411 Naira/USD; the price of 12.5kg was about N5,500.00.

It is important to note that the international Mont Belvieu price on which the supply of LPG is benchmarked in Nigeria is about 60 to 65% of the Landing cost of LPG. When you include freight cost, it can be up to 85% and more when the Black market rate is used as its currently being used by importers.

International Mont Belvieu prices for Butane are the highest since 2018 when they hit 595.1396 in October – the FX rate was relatively low compared to the current rate. It is also noteworthy is that prices were as high as 796 USD in the December of 2012. Today an international price of 796 USD/MT would translate to about 8 Million in Depot prices and about N6000.00 to N6500.00 per 12.5kg.
historical butane prices 2012 to 2021
Historical butane prices 2012 to 2021 ( source: NASDAQ)
But, the other important question is why are international Mont Belvieu prices of cooking gas unusually high, even at this time of the year.
According to Argus, International (Mont Belvieu) LPG prices are unusually high as a result of low inventories of LPG in the US – one of the biggest suppliers of LPG in the world. Reduced inventory is a result of several factors;

Reduction of Oil and Gas production first as a result of unprofitable Shale Oil production and of course low LPG demand as a result of the Pandemic.
Increase in the demand for LPG by China who has increased activities in the Petrochemical sector where propane is increasingly required.
Reduction in LPG Export by Russia causing supplier pressures on US inventory
Reduction of Oil & Gas production capacity by Saudi Aramco due to OPEC agreements ( remember LPG is a by-product of Oil & Gas production).
When will this increase stop, when do we expect a reversal in trend?
We do not expect an improvement in supplies which would lead to less stress on prices, until the 2nd quarter of 2022, when production would have improved. But, considering that LPG demand is still high at the beginning of summer, prices may continue into the winter where LPG is needed most.

A break in price increase may occur deep into the Summer – early September, but it would be temporal. The strain on supplies is likely to continue as China continues to build Petrochemical plants, Russian concentrates on local demand, OPEC cuts production and the US inventories remain at the same current levels.

2023 is most likely when we will be out of this LPG scarcity and high LPG prices. According to Analysts, this is when pre-covid production levels would return in the US, Russian inventory would be good enough for exports and OPEC increases production.

What can the Federal Government of Nigeria do to stem Cooking gas/LPG price increase or alleviate the effect on Nigerians?
Why FG alone can't crash cooking gas price – Marketers | Pulse Nigeria

picture: Pulse Nigeria

There are several ways the Federal Government can come in to help the industry, as we aspire towards the 5 Million tons target:

Give FX incentives to LPG importers – LPG importers currently supplier the industry using Black Market rates ( currently above N500/USD), against Interbank rates which the Nigeria Liquefied Gas Ltd (NLNG ) employs when delivering to the Nigerian domestic market. If FX can be made available for importers, it would drive prices down considerably. Data has shown that Import accounts for about 50% of LPG supplies in the country, and this will increase with the increase in volumes – it, therefore, means that if importers continue to import at Black market rates, their landing cost of LPG would continue to be the reference price in the country. Case in point, Natural gas plants like NPDC Oredo, Kwale Hydro Carbon Ltd- Kwale, Greenville LNG- Rumuji and PNG-Umutu, all do not sell based on their production cost, they sell based on the prevailing market prices of other depots.It is important to note that the industry has grown mainly through private sector investment, so the thought of regulating the prices of the industry should not come in. The industry should be allowed to continue to grow by the forces of Demand & Supply, which has worked these past 10 years plus.

Continue to keep the tax incentives going for LPG and add reduction or a temporary removal of duty on LPG equipment.There is no better way to improve the citizenry than enabling sustainable development through good health and better living standards which LPG brings – there would be no revenue losses as the citizens benefit.

In conclusion, Oil and Gas prices will not continue at this rate as we have the clamor for renewables getting louder by the West. Recently the European Commission set a Net Zero target to stop the usage of fossil fuel by 2050 and an economy with net-zero greenhouse gas emissions. This would mean a significant reduction in demand for fossil fuel leading to a drop in prices. The downside of a reduction in the demand is a corresponding reduction in investment and production leasing to strain in supply which could lead to high prices. In this case, countries like Nigeria would have to stimulate local demand to meet the vast supply potential.

The work starts now.


Source
https://lpginnigeria.com/factors-affecting-cooking-gas-prices-in-nigeria/?fbclid=IwAR0gqS88tZ4HB74QdwY7xxjaAQQ-c21ChLMTFrqEzI1LF9ce7iHLgE_XOQQ

Libkid:
legit lie

My guy,

I can confirm 3rd payment to some of us is legit truth.

Merry Christmas BTW

stjewelries@gmail.com

Thanks

Bros wait first,
How far with No 14 in your list of predictions? The year is ending already

Mehravelli:


That's where the problem is.

But if I can get an insider in a gas cylinder manufacturing company,he or she will put me true and also connect me with the right person

I'm not sure you need an insider in a cylinder manufacturing company. What I think you need is the services of a "TRUSTED" and affordable lawyer who will approach technooil on your behalf. I trust that will make them give you audience rather than going on your own or through an insider. I emphasized trusted because if you are not careful, this idea of yours could easily be hijacked by anyone pretending to want to help you.

I wish you the very best

Thanks so much for posting this awesome report. I sincerely hope this continue in the coming weeks

seborrhic:
Today will be the last day of the 14days lockdown period in Lagos,Abuja and Ogun state,yet there is no statement by the same FG or specifically the president whether the lockdown has been extended or ended.
This uncertainty would make it a free for all tomorrow:people would go out, assuming the lockdown has ended and the law enforcement agents would on the other hand be apprehending commuters,transporters,traders,workers claiming the lockdown is still in force.

Today is day 13 and not the last day sir/ma. Lockdown started at 11pm on Monday 30 March 2020. It’ll be 14 days by 10:59 pm on Monday 13 April.

However, if no official announcement is made tomorrow, the lockdown will continue as Mr President’s last statement on subject infers continuation.

Imefawulo:
..Mr Egbeyemi should have taken the lion for questioning too

Loool

Mr Egbeyemi isn’t tired of life yet I guess

erons22:

E con be like say you want chop another ban.

visijo:
What does it mean if your girlfriend comes to your house as early as 6:00am with her mother�����

Observe her belly to see if it’s protruding already or not. Then come back for a possible answer to your question

maasoap:


Nobody has been able to prove it. All studies on this didn't show any link between using gas and making calls as far as explosion is concerned

Are you sure about this? Have you actually made any effort to get information from gas professionals? I take it you're referring to beer parlor gists by uninformed dudes as "All studies" in your comment.

Trendy247:
This is what my burner does.. Hope I'm safe

I find this question of yours quite worrisome. How can you be safe with that?
You need to change the control of that burner ASAP in your own interest. You and other occupants of that building are in GREAT danger whenever that burner is lighted in its present state.

Mizwisdom:
I have not met anyone that has received this grant in person, is there anyone that can attest to this here?

This is perhaps the funniest comment I've read on this forum so far. Just stay there and wait to meet people who have received the grant. Hopefully you'll be lucky to meet one or more before the ten year cycle ends in six years time.

Jinoonline:
IT'S ONLY 4 DAYS TO THE DEADLINE OF TONY ELUMELU FOUNDATION PROGRAMME APPLICATION FOR 2019.

YOU REALLY SHOULD BE SUBMITTING YOUR APPLICATION NOW!

Hello Brother,

The videos were really helpful. Thanks so much for sharing them. However, I was wondering if you don't mind assisting to review my application before submission. Its ready now and I intend submitting tommorow or latest wednesday.

Thanks once again

Cooking gas



stjewelries@gmail.com

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ebikay:
Hw much and what collateral

NGN

AdiDami:
DEAR FRIENDS AND FAMILY PLEASE I URGENTLY NEED SERIOUS HELP ON WHAT I CAN DO TO GET GOOD RETURNS ON THE #200,000 I HAVE NOW.
I HAVE TO RETURN THE CASH BY NOVEMBER ENDING.
**ONLY SERIOUS RESPONDERS TO PLEASE COMMENT**

Good evening bro,

Like how much return are you looking at? November ending is about eight ( weeks from now. If a 10% return(NGN20,000) for the 8- week period is satisfactory, then you might want to consider investing in our existing cooking gas retail business. You get NGN220,000 by November ending. You'll visit the location and all necessary documentation with your witness and/or lawyer will be perfected before you release funds.

Collateral is also available if you want to secure the investment. You can send me a PM for further discussion if interested in our offer.

Dear nairalanders,

Dear nairalanders,

IbrahimDamola:
If you have a documented landed property for collateral, I can lend you 800k- 1million at 20% interest for one year. We'll go to my lawyer and finalize the deal.

Payment must be done within a month after 1 year. If you can't liquidate the debt after 1 year, I'll take the land. These are the terms you'll sign right before witnesses.

Mention me if interested.

I'm interested in your offer sir. How do we proceed from here?
Sent you a PM already too