₦airaland Forum

FFK is like'baby,let's take a selfie'
The babe sef dey shy as if they are meeting for the first time.

Which kind lie lie news be this?

Check you mobile banking app.Chikena.

Oya op burn burn oya
[Singing in fela's voice]

The House of Representatives has alleged that more than $10 billion worth of the nation’s crude has been stolen via fraudulent fuel subsidy claims by the Nigerian National Petroleum Corporation (NNPC) and other industry stakeholders.
The parliament has therefore constituted an ad-hoc committee to investigate the petroleum products subsidy regime between 2017 and 2021 by the Nigerian National Petroleum Corporation (NNPC).
This followed the adoption of a motion by Sergius Ogun (PDP-Edo) on the floor of the House on Wednesday in Abuja.

In his motion, Mr Ogun said he was informed that as of 2002, the NNPC purchased crude oil at international market prices, which stood at 445,000 barrels per day.

He added that it was to enable it to provide petroleum products for local consumption, saying he was concerned that as of 2002, the installed capacity of Nigeria’s local refineries stood at 445,000 barrels per day.

However, he said that their capacity utilisation began to nosedive and eventually fell entirely to zero due to the ineffectiveness and alleged corruption of critical stakeholders in the value chain.

The lawmaker said that due to a decline in the production capacity of the refineries, NNPC found it more convenient to export domestic crude in exchange for petroleum products on a trade by barter basis.

According to him, the component cost in the petroleum products subsidy value chain claim by the NNPC is highly over-bloated.

Mr Ogun claimed that the transferred pump price per litre, used by the NNPC in relation to PPMC, was under-quoted as N123-N128 instead of N162-N165.

He said that the fraudulent under-reporting of N37-N39 per litre, translated into more than N70 billion a month, or N840 billion naira a year.

Mr Ogun expressed worry that the consumption rate of petrol was 40 million to 45million litres per day, adding that the NNPC used 65 million to 100 million litres per day.

According to him, the subsidy regime has been used by the NNPC and other critical stakeholders to subvert the nation’s crude oil revenue to more than $10 billion.

Mr Ogun said records showed that as of 2021, over $7 billion of 120 million barrels was diverted.

The lawmaker added that subsidy was charged against petroleum product sales in the books of NNPC and against crude oil revenue in the books of NAPIMS, to the tune of more than N2 trillion.

(NAN)

https://gazettengr.com/over-10-billion-stolen-by-nnpc-others-in-fuel-subsidy-scam-reps/?fbclid=IwAR2bQ-cVp5U8y8F0vfS4ghsrhcWIMh0hBOQBppLaNUAgIQpL16arJwHREmg
Cc lalasticlala

Some comments are even supporting this wicked politician that cannot enact good laws for the country.

tinsel:
Tell me what he did wrong? A 21 years old boy wants to donate his kidney and the Ekweremadu wants to pay for it. What is the problem? Where I will lay blame on Ekweremadu is if the boy is actually 15 years and Ekweremadu is part of the conspiracy to inflate his age to 21.
People have been selling their kidney in Nigeria. This is not the first and not going to be the last so far the seller is an adult.

Was the boy paid in advance? Again,before you fly somebody abroad for a medical reason you first carryout a checkup on him in Nigeria.Was that done?

Channah1:
The rain has kept me indoors since morning, not letting me know what to do with my life. So I slept only to wake up and realize I've not eaten.

I strolled to a nearby eatery and this was what I got for 1700. E no even "ok me".

Its better to cook your own meals o.. I can't wait for this regime to be over.

Semo 300
Soup 1 portion 400
Goat meat. That small thing 1k.

They tricked me into buying that soup because what I saw on the menu list was ognono 200 only to finish eating and the lady now told me it's 400. I checked again and saw that the menu list has torn. That was why the price of the ognono now tilted down and pointed to the wrong price ( 200).

Why would they even sell soup separately? Is that not wrong?

If a guy take you out for a lunch you will eat more than that and ask for a take away food.We dey try for una.

Grupo:
Where's your own building foundation?

Have you asked me whether I have a car seat?

Take this tip,if you use an electric kettle to boil water at home,when the water is boiling the electric kettle will make a sound and switches off itself.This is because there is a thermostat that disconnect the connection between the electricity supply and the kettle boiling ring.If that thermostat is bad,the water will be boiling continuously until you disconnect the power supply yourself.
Also in fridges,if your at fridge at home is overheating,it will disconnect itself and turn off with the aid of a thermostat.When the compressor cool down it will start working again.That is what apply to most engine that is overheating.Your Thermostat may be bad.
There was a fast food restaurant I work.My department was in charge of cutting the chicken and store in the large cold room,Each time the cold room stopped working,the management would call the technician.Unknown to them,it was a thermostat that disconnected in other to allow the compressor cool before it restart.I knew all this but kept quiet to allow the technician to chop.
The technician would go to the back of the cold room and pretend as if he was doing repairs.Na lie.

The money some of you spent in fixing your cars may have started the building foundation of a house in your villages.Car na liability.

What does "follow come" mean?

A follow come mean all the parts inside a car have not been replaced or change.

What the fuel marketers are saying is that they won't revert the price back to #167,as the current unofficial price of #200 per litre should remain so.

You put love portion for there?
Besides,no be 2 of una dey sleep for bed?

Tiwa down there looks disgusting.

The two contending thieves.Tinubu vs atiku.

While she was with Jim yke another dude was knacking her coded.

Rubyjade:
This guy made me what I am today, helped my family with accommodation, my younger brother schooling (waec fee). Helped my mom's business. I cannot leave him now plus I love him with my life.

This is the reason why she loved him.
Besides,She never adviced him to saved for the rainy day or invest should in case he lost his sources of income he will have something to fall back on.
Na everyday fast food them dey eat.

Reinamaria:
Your man is blessed to have a supportive lady like you who adds value to his life.

Rubyjade:
This guy made me what I am today, helped my family with accommodation, my younger brother schooling (waec fee). Helped my mom's business. I cannot leave him now plus I love him with my life.

Has he done the same thing to his own family?

Given the financial resources tinubu is controlling in Lagos state,eg,alpha beta,LCC,NURTW,Lagos state revenue amongst others,he can buy the delegates.

Election is their problems.What happens to the welfare of Nigerians is not their concern.

It is only a Fulani Muslim that can carryout such barbaric act in a church gatherings.

You don come with your scam again.

He swore allegiance to tinubu not his constituents.

Olamide felt guilty when Nigerians criticized him for insulting a fan.I no believe this news Sha.

She snatched Ned from his Egyptian wife.Tit for tat.

Money

We don't have police in Nigeria.We only have roadblocks vigilante.

Those of you supporting yahoo crimes should not lament when someone else steal something valuable from your family members.

Poverty and unemployment are increasing crimes.Politicians are getting jumbo salaries while the ordinary people are battling to cope with #30k that is not even paid every month end

Can't the authority just conduit an autopsy to know the case of his death?It can't be fishbone all the time.

Anybody wey collect money from politicians come dey campaign for am here na thunder storm go kill am.