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CBN Threatens Severe Sanctions On Banks For TSA Violation - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › CBN Threatens Severe Sanctions On Banks For TSA Violation (13184 Views)

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Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Image123(m): 2:04pm On Sep 09, 2015
anonimi:
Na there the wayo plus corruption by the SCAMMERS who sold themselves as change agents dey start oh, bro.




www.nairaland.com/attachments/2829596_img6325197050325_jpeg_jpeg61db8b350e65ada0da8fdf4018fb03e4
Should we expect you not to complain when defaulters are sanctioned/punished?
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by anonimi: 2:11pm On Sep 09, 2015
Image123:
Should we expect you not to complain when defaulters are sanctioned/punished?
You should not be lazy, you hear huh


anonimi:
Until there is FULL 100% compliance and/or sanctions for erring MDAs and banks, it remains a STORY by the propaganda people.
QED!
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Image123(m): 2:29pm On Sep 09, 2015
anonimi:
You should not be lazy, you hear huh
Should we expect you not to complain when defaulters are sanctioned/punished? It's a straightforward question.
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by anonimi: 2:34pm On Sep 09, 2015
Image123:
Should we expect you not to complain when defaulters are sanctioned/punished? It's a straightforward question.
Your straightforward question was answered eons ago by my humble self on this same thread.
Again, stop being lazy.
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Ephemmm: 3:01pm On Sep 09, 2015
anonimi:
E be like sey you sef nor go school like the DoroDullard wey you dey follow.
The banks nor bin get circular before?
[b]Since when did receiving a circular AUTOMATICALLY equate to 100% compliance [/b]huh
Maybe SaiBooboo's body odour will do the magic again grin



www.nairaland.com/attachments/2831915_wailingforabettertommorow_jpeg_jpegd26a773a99cf2b0f93fe685761f614da
@bolded, it is not your fault! I know you are used to cluelessness of your Otuoke dullard: making order without monitoring the implementation.

For your information, CHANGE has come to stay: cluelessness will always vamoose in the presence of General. tongue tongue tongue
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Image123(m): 3:04pm On Sep 09, 2015
anonimi:
Your straightforward question was answered eons ago by my humble self on this same thread.
Again, stop being lazy.
It should not be that difficult for you to point it out.
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by anonimi: 3:07pm On Sep 09, 2015
Ephemmm:
@bolded, it is not your fault! I know you are used to cluelessness of your Otuoke dullard: making order without monitoring the implementation.

For your information, CHANGE has come to stay: cluelessness will always vamoose in the presence of General. tongue tongue tongue
I really pity the stewpidity and mumuness of you these masturrbatoors, walahi.
Do you know why your body odour CHANGE master is still paying fuel subisdy to the cabal more than 100 days into his administration despite his PROPAGANDA that he does not know what it is huh



www.nairaland.com/attachments/2589504_subsidy2_jpeg57ea79bc1f8758353f00f8db1d53dbf1
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Image123(m): 3:19pm On Sep 09, 2015
anonimi:
I really pity the stewpidity and mumuness of you these masturrbatoors, walahi.
Do you know why your body odour CHANGE master is still paying fuel subisdy to the cabal more than 100 days into his administration despite his PROPAGANDA that he does not know what it is huh



www.nairaland.com/attachments/2589504_subsidy2_jpeg57ea79bc1f8758353f00f8db1d53dbf1
As usual, you've employed a red herring to divert issues. Go and read the contents and context of the subsidy story. Don't deceive yourself and others by attention grabbing headlines. Cure yourself of the ignorance.
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by anonimi: 3:23pm On Sep 09, 2015
Image123:
As usual, you've employed a red herring to divert issues. Go and read the contents and context of the subsidy story. Don't deceive yourself and others by attention grabbing headlines. Cure yourself of the ignorance.
It is my turn to ask you a straightforward question- grin

- Is Buhari still paying subsidy or not huh
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Ephemmm: 3:26pm On Sep 09, 2015
anonimi:
I really pity the stewpidity and mumuness of you these masturrbatoors, walahi.
Do you know why your body odour CHANGE master is still paying fuel subisdy to the cabal more than 100 days into his administration despite his PROPAGANDA that he does not know what it is huh



www.nairaland.com/attachments/2589504_subsidy2_jpeg57ea79bc1f8758353f00f8db1d53dbf1
I know you and your latest-arrival-in-otueke has lost direction has a result of lack of logic? How has subsidy related to the topic in question? This show the level of your myopic logical thinking.

Anyway! all in an attempt to please you: GEJ till 2019 tongue tongue tongue
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by anonimi: 3:28pm On Sep 09, 2015
Ephemmm:
I know you and your latest-arrival-in-otueke has lost direction has a result of lack of logic? How has subsidy related to the topic in question? This show the level of your myopic logical thinking.
Your answer is below in your own post.

Ephemmm:
@bolded, it is not your fault! I know you are used to cluelessness of your Otuoke dullard: making order without monitoring the implementation.
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by OlaSpeaker(m): 3:41pm On Sep 09, 2015
[quote author=mrrock post=37831321].

Yes, I know. I was talking about the part that gave exceptions. The part in inverted commas that ends "except otherwise expressly approved".

They should've made all revenues go into the TSA, without exception.[/quote
i think u r misinterpreting dat part "except otherwise expressly approved" doesn't mean some money will or are reserve
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Image123(m): 3:45pm On Sep 09, 2015
anonimi:
It is my turn to ask you a straightforward question- grin

- Is Buhari still paying subsidy or not huh
Enlighten yourself.


One burning issue is fuel subsidy. I believe you
are aware of the queues in major cities like Lagos
and Abuja. The fuel importers say they are unsure
of the direction of the new government in this
area. Have you considered maintaining or
withdrawing this subsidy or are you questioning
whether it didn’t exist at all?
One of the problems I have, other than the
military, is the petroleum industry where I served
for three and a half years under General Obasanjo.
When people start talking about this subsidy I
honestly get confused. I will tell you this, and I
hope it will answer what you want to know. Back
then we had a refinery in Port Harcourt, which
was refining 30,000 barrels a day of Nigerian
crude.
Later, it was upgraded to refine 100,000 barrels a
day. Another refinery was built in Port Harcourt to
refine 150,000 barrels per day of Nigerian crude.
So, Port Harcourt alone had the capacity to refine
250,000 barrels per day of Nigerian crude.
But when I found myself as the Minister of
Petroleum I set up another refinery in Warri for
100, 000 barrels per day of Nigerian crude and
the Kaduna refinery a 100, 000 barrels per day.
So Nigeria built capacity to refine 450,000 a day.
Four Hundred thousands of which is purely
Nigerian crude, but 50,000 was imported. The
type of crude could be Venezuelan, which could
be a bit heavier. But the lighter ones - kerosene,
aviation fuel, diesel, PMS of different grades could
be produced from our crude because Nigerian
crude is about the best in the world.
If you could recall, after finishing as Minister of
Petroleum, I subsequently became Head of State.
You remember, I appointed Professor Tam David
West as the Minister of Petroleum. When we
rounded up bunkers, collected their illegal jetties
and allowed jetties for only big firms which were
doing production and development in the country,
we were shocked that we had too much fuel.
We had to begin to export 100,000 barrels per
day. Don’t forget that we didn’t stop at building
refineries, we built more than 20 depots during my
time, from Port Harcourt to Ilorin, Makurdi,
Suleija, Maiduguri and Kano. More than 3,000
pipelines were laid to connect them. A number of
stations were also built to take the trailers off the
road, save lives and the infrastructure on the
road. It is more economical because each trailer
uses fuel.
We did all that in this country and we didn’t
borrow any money as far as I know. It’s Nigerian
money. From each Nigerian crude, whether Akwa
Ibom, Bonny Light or whatever it is, you can work
out how much products it will give you; how
much petrol it will give you; how much diesel it
will give you if you want to produce diesel. We
could tell how much Nigerian crude cost, the cost
of transportation from there to the refinery, the
cost of refining, the cost of transportation to the
pump stations and maybe 5 per cent go for
overhead.
I can understand if Nigerians pay for those costs.
But somebody is saying he is subsidizing
Nigerians. Who is subsidizing who?
But they argue that the price should not be the
same in Lagos and Daura, for example?
It has to be the same because it is the Nigerian
crude.
But they consider the cost of transportation?
Why didn’t it make any difference when we were
around? Why did we build the network of
pipelines? Why did we build the network of
depots? What can Nigerians benefit from the God-
given gift of petroleum? No refinery is built unless
there is an in-depth research that there is enough
reserve of up to six layers to be produced.
The argument I have heard is that refineries are
aged. Mostly, they are performing at less than
half of their capacity…?
You can’t defend these corrupt and incompetent
people. You can’t defend them. There used to be
what they call turn-around-maintenance. You
close the refinery in order to overhaul and clean
it. What we did: we asked our producers, we need
various refined products of this type at this time
when the refineries are being cleaned. Take this
type of Nigerian crude and bring us the refined
products.
What we don’t need, we will calculate and pay
you as fees for refining and transportation. If it is
more than what the crude can handle, then we
take it from the treasury. But you are trying to
justify all these frauds by saying the refineries are
aged.
Of course, they are actually aged?
They said the refineries are aged. The pipelines
are leaking. There is vandalisation. Who ordered
the vandalisation?
Does it suggest that you don’t believe in the
subsidy? So, you are not going to agree to its
continuation in anyway?
I would like to be on ground and find out what
really has been going wrong. Why is it that people
are doing round-tripping with the Nigerian
products and take money from the treasury?
Some people are still in court. You know about it.
So, I’m not taking anything for granted. But I will
try and find out what went wrong.

www.dailytrust.com.ng/sunday/index.php/top-stories/20804-i-don-t-know-what-fuel-subsidy-means-buhari
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Democrata: 4:26pm On Sep 09, 2015
I'm waiting for ekito gvnor mr fayese to tell us the meaning of TSA
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by Duobahotel: 4:53pm On Sep 09, 2015
yes
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by adeememman(m): 7:50pm On Sep 09, 2015
Can someone help me pass this message to President Buhari: I need a good job, I promise I wont steal public funds or take bribe
Re: CBN Threatens Severe Sanctions On Banks For TSA Violation by nairamaniac: 2:21am On Sep 10, 2015
989900:
The banks will start doing traditional banking now small small.
abeg which one b traditional banking again?
1 2 Reply

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