Crime › Re: I Started Robbing When I Was Seven – Suspect ( Photo) by peterovanski(m): 4:25pm On Nov 18, 2015 |
Ok |
Investment › Re: Loan From Boi Nigeria by peterovanski(m): 11:11pm On Nov 17, 2015 |
Third ed |
Politics › Re: Pres Buhari Receives Arms Procurement Report - Orders Arrest Of Indicted Persons by peterovanski(m): 11:07pm On Nov 17, 2015 |
Yeeeepaaaaaaa |
Christianity Etc › Re: Prophet Engages Women In Marathon Sex During Deliverance by peterovanski(m): 3:47pm On Nov 16, 2015 |
Sasuwa: Islam is the only network to heaven , paradise If dem born you well go talk am for france! |
Crime › Re: Driver In Prison For Having Sex With Married Woman by peterovanski(m): 7:21pm On Nov 12, 2015 |
Just sounds funny to me |
Romance › Re: Some Past Things Nigerians Must Start Doing Again by peterovanski(m): 7:12pm On Nov 12, 2015 |
Wassup guy |
Sports › Re: Nigerians Want Eaglets Rewarded With Cash by peterovanski(m): 7:05pm On Nov 12, 2015 |
I think they should be rewarded with 10 hectares of farmland . To boost the agriculTural sector |
Family › Re: The Weather Is Very Hot During The Day And Very Cold Midnight Hour by peterovanski(m): 7:02pm On Nov 12, 2015 |
Joel3: I just hate it during the day. the whole place is hot and hitting even outside no air couple with no electricity. those that own trees in there house will enjoy relief. Have you heard about pole shift? |
Forum Games › Re: Can You Answer This Brain Teaser? by peterovanski(m): 7:01pm On Nov 12, 2015 |
Silence boy |
Romance › Re: Some Past Things Nigerians Must Start Doing Again by peterovanski(m): 6:45pm On Nov 12, 2015 |
Freemanan: You again  Rise and grind!! Sunshine |
Romance › Re: Some Past Things Nigerians Must Start Doing Again by peterovanski(m): 6:32pm On Nov 12, 2015 |
The only reasonable point is no 1. Plz use your brain in the right direction OP |
Crime › Re: 50-year-old Man Says Evil Spirit Pushed Him To Molest 2-year-old Girl by peterovanski(m): 3:23pm On Nov 12, 2015 |
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Crime › Re: Man Held For Robbery Day After Leaving Prison (photo) by peterovanski(m): 12:52pm On Nov 12, 2015 |
ylaa: ASK US AGAIN? They kinda look alike |
Politics › Re: 11 Best Quotes From Buhari's Address To His New Ministers by peterovanski(m): 5:40pm On Nov 11, 2015 |
sonOfLucifer: And a few wanted him reelected because 'if pikin fail, u go ask am make im repeat'  You are the biggest fool of. The 21st century!!! So if pikin sold you into modern day slavery by mistake,you wlll ask him to do it again |
Jokes Etc › Re: When A Tsetse Fly Lands On A Scrotum...Hilarious Photo by peterovanski(m): 5:30pm On Nov 11, 2015 |
There are other ways to kill such tse tse fly |
Politics › Re: Nigeria To Sell, Buy Oil Directly, Cut Out Middlemen---washington POST by peterovanski(m): 1:12am On Nov 04, 2015 |
ISpiksDaTroof: Nigeria to sell, buy oil directly, cut out middlemen
By Michelle Faul | AP November 3 at 4:04 PM
LAGOS, Nigeria — Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corp. announced Tuesday night.
The major policy shift fits new President Muhammadu Buhari’s plan to halt corruption endemic in the industry in Africa’s biggest oil producer. The previous administration of President Goodluck Jonathan had ignored warnings from Central Bank Governor Lamido Sanusi that some $20 billion in oil sales over three years was missing from federal coffers, and instead fired Sanusi.
Nigeria produces 2 million barrels of crude a day, according to the corporation’s website. Nigerians consume about 9 million liters (2.4 million gallons) of gas daily, almost all imported because local refineries are inefficient. One barrel of crude produces about 30 gallons of diesel or fuel.
A statement from spokesman Ohi Alegbe said the decision was made after a screening of previously used and prequalified petroleum product importers revealed almost all the 34 international and 10 local companies were middleman businesses.
The shift is “a major steer designed to enshrine transparency and eliminate the activities of middlemen in the crude oil exchange,” said the statement from the corporation’s new management. One of Buhari’s first acts as president was to fire all the old managers.
Corruption that thrived under Jonathan’s watch had favored officials being sold entire shipments of crude at favorable rates so they could pocket the profits. The U.S. Department of Justice warned Buhari earlier this year that one minister had pocketed $6 billion from oil sales.
The massive thefts came as oil prices topped $110 a barrel. Now Nigeria is in crisis, with halved prices for the oil that provides 80 percent of government revenue and Buhari has complained he inherited an emptied treasury.
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
https://www.washingtonpost.com/world/africa/nigeria-to-sell-buy-oil-directly-cut-out-middlemen/2015/11/03/ce2d0242-826a-11e5-8bd2-680fff868306_story.html Good |
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Romance › Re: Top Ten Most Controversial Nairalanders by peterovanski(m): 3:06pm On Sep 29, 2015 |
God save you say ma name no dey dia |
Crime › Re: Police Inspector To Die By Hanging For Murder by peterovanski(m): 6:18pm On Sep 28, 2015 |
I'm really enjoying this change of a thing. I hope this humane-act circulates through the entire force
God bless ME God bless PMB God bless Nigeria |
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Crime › Re: Robbery And Kidnapping Suspects Paraded In Rivers State (Suspects & Weapons) by peterovanski(m): 10:10am On Sep 23, 2015 |
Onli names |
Politics › Re: Trailer Crushes Conductor To Death In Lagos [graphic Photos] by peterovanski(m): 10:07am On Sep 23, 2015 |
Yeeeee |
Politics › Re: Abia Senator Tells Buhari That Sidelining Ndigbo Is A Time Bomb To Explode by peterovanski(m): 9:15am On Sep 21, 2015 |
Ok ooo |
Politics › Re: Court Restrains EFCC From Arresting Saraki’s Associate, Izuagbe by peterovanski(m): 9:12am On Sep 21, 2015 |
phlemzy: Some aspects of Nigerian Constitution need overhaul! Nna I agree with you. Those people that made the constitution before before ...maka chukwu I think they were high on expired burukutu |
Celebrities › Re: D'banj Pictured With 2face And Don Jazzy At Eko Hotels (Pics) by peterovanski(m): 5:03am On Sep 21, 2015 |
Odikwa naece |
Crime › Re: Shocking: A Man Kill His Father And Removes The Heart. by peterovanski(m): 4:59am On Sep 21, 2015 |
Chisos |
Politics › Re: Buhari To Saraki: Leave Me Out Of Your Trial by peterovanski(m): 8:19pm On Sep 20, 2015 |
So interesting ...... I can't wait to see tomaro.
My telefision don spoil tae tae na yesterday I just repair am
I will see it to the end |
Crime › Re: Police Corporal Shoots Tricyclist, Kills Mother Of Four Over N100 by peterovanski(m): 9:54pm On Sep 17, 2015 |
redcliff: You must be living in eastern europe.. hahahha Yes I reside in mexico |
Politics › Re: NDLEA Arrests Bureau De Change Operator, Others For Swallowing N32 Million by peterovanski(m): 9:36pm On Sep 17, 2015 |
Ok |
Politics › Re: Alleged False Declaration Of Assets: court Halts Saraki’s Trial by peterovanski(m): 9:23pm On Sep 17, 2015 |
Rubbish |
Crime › Re: BREAKING: Five Killed As Explosion Rocks Port Hacourt by peterovanski(m): 9:16pm On Sep 17, 2015 |
Error of the OP brain |
Nairaland General › Re: PMB Hasn’t Made Any Formal Contact With Boko Haram by peterovanski(m): 8:48pm On Sep 17, 2015 |
Rubbish |