₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,331,335 members, 8,449,819 topics. Date: Wednesday, 22 July 2026 at 11:23 AM

Toggle theme

Rawani's Posts

Nairaland ForumRawani's ProfileRawani's Posts

1 2 3 4 5 6 7 8 ... 30 31 32 33 34 35 36 37 38 (of 79 pages)

PoliticsRe: Lol. Yusuf Buhari Madness Continues... Photos by Rawani: 6:26am On May 29, 2015
dhorlipizzu:
For saying sai biafra sad sad


Here is my judgement!!! sad sad sad

None of ur comment nor post shall make fp... all ur comment shall make 7th page with hard labour!!!! grin grin grin

I rice[s][/s] rise
grin
PoliticsRe: All Universities Established By Jonathan Are Illegal-ASUU by Rawani: 5:59am On May 29, 2015
With regard to Universities, until the authorities realize and allow their policies reflect that quality and not quantity is the issue, then we can start to get things right.
PoliticsRe: Buhari Is Leaving The West Out!!! by Rawani: 5:57am On May 29, 2015
owobokiri:
[s]Not when he is stuck in their hospitals for the rest of his life managing (a most probably western induced) terminal illness. He is a naive old man who thinks paying symbolic homage at 10 Downing street will get him into anybodys good books. The west have done their studies and have decided to make him the governor general here. He got his marching orders , most probably when he went there last time for the chatham house charade. With the benefit of hindsight, aware of his removal, incaceration and humuliation last time he deviated, he is gonna be a good boy this time. . All those APC so called policy statements are what they are; political statements drafted by some restless interns to hoodwink the gaullible.[/s]
PoliticsRe: Lol. Yusuf Buhari Madness Continues... Photos by Rawani: 5:51am On May 29, 2015
omenka:
Kai!! This Amaka make brian die!
She's gorgeous, sai biafra!
PoliticsRe: Buhari Is Leaving The West Out!!! by Rawani: 5:34am On May 29, 2015
elipheleh:
What do you expect from a dauradullard.
This Buhari is certificateless and a sponsor of bokoharam so betraying the west us no news.
bunmititi:
it is a pity.
may we never get a dullard as president!

God! Ahbeg!
Give our president-elect sense!
You call someone a 'certificateless' dullard yet you can't read a simple article to know the author was referring to western nations and not western Nigeria. Shame.

@OP I share in your excitement and anticipation of this revisionist policy direction as aligning with the BRICS countries will help sever the umbilical cord which enslaves ties us to organizations such as the IMF which have only succeeded in perpetuating the 'third world' syndrome. However I think Buhari should be tactical, strategic and diplomatic in handling the west to avoid 'circumstances beyond our control'.

Sai Baba.
PoliticsRe: Aso Rock Villa In Pics by Rawani: 4:57am On May 29, 2015
shortgun:
The house that Buhari will never live in.
GEJ till 2019.
eaglechild:
A place Buhari will NEVER occupy cry cry cry cry
Truth24:
So na dis fine place dat old retard dey vie for since 2003? He shall only inherit it in his dreams.... whether na pastor abi na mallam be him VP, I don't care.....He wan rule like dat frogged face obj as a military and as a civilian, e no go happen...
knockturnal:
Great picx. Only those that are chosen by destiny will Inhabit it. It is not by force, lies or deceit!

PoliticsRe: Presidential Inauguration Dinner Live On NTA by Rawani: 9:53pm On May 28, 2015
...watching. What genre is this music they're dancing to huh grin
PoliticsRe: Policeman Beat Up Protesters In PDP Secretariat Over N360m Debt by Rawani:
The Twinkles boss must have gotten ideas for a new logo after the stars he saw after that hot slap.

But seriously, this is just pathetic. Impunity until the last minute, the legacy of the PDP.
PoliticsRe: Buhari's Convoy As He Makes Entry Into Aso Villa (Photo) by Rawani: 12:48pm On May 28, 2015
anonimi:
For a man who rejected Rolls Royce in London and his trumpeted by his "believers" as humble huh

Who is FOOOLING who? grin ;
These are SUV's. Sport UTILITY Vehicles. RR on the other hand is a high end luxury executive Sedan.
PoliticsRe: Buhari Arrives Nigeria after 6 day trip to the UK(photos) by Rawani: 6:19am On May 28, 2015
I just love this man. Welcome back Ogbuagu 1 of Aba.

The Lion killer.
PoliticsRe: Goodbye Apc-the End To A Demonized Opposition by Rawani: 6:11am On May 28, 2015
For a party that was as humongous and monstrous like the PDP, information which is the only, yet most lethal power available to free men was utilized, enhanced and amplified by the power of the web and social media in order to uproot the fangs of the party that was so powerful it boasted of ruling for 60 years uninterrupted. All the APC did was provide awareness that Nigeria is not completely helpless and change is possible if the people can unite across borders and tongues.

Information is power.
PoliticsRe: [photo] Update: Buhari And Jonathan In London by Rawani: 12:09pm On May 27, 2015
The British don't like to be touched and regard personal space, how awkward it must have been for Cameron.
PoliticsRe: Pics Of Ameachi The Spartacus @50, General Of Common Sense Rev by Rawani: 12:04pm On May 27, 2015
I love that ad. Happy Birthday to the Hero of change and Lion of Ubima, the Jonathan slayer.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Rawani: 10:15am On May 27, 2015
Gbawe:
Bros, it was always going to be so. If a man is dying and needs oxygen then you must give him oxygen or he dies. As simple as that. Nigeria is in the same situation yet the greed of successive PDP Presidents has meant that nothing has been done to repeal a deleterious practice, literally choking Nigeria to death, and replace it with something a million times better which would deliver so many positive changes, while we try to shore up our domestic refining ability, and save us many billions of dollars a year. Many don't realize that Nigeria is like a severely battered and abused woman who simply needs to do away with her brutal husband (PDP) and replace him with someone who will respect her, be kind to her and work to glorify/uplift her.
True words succinctly put. Nigerians have never been so collectively dismissive and anxious about hand-over of any government like Jonathan's; I dare say even Abacha's. GEJ's slimy vindictive nature was thankfully revealed to Nigerians before his inglorious exit. The can of worms will soon be fully opened my brother.
PoliticsRe: Buhari Returns Tomorrow In The Company Of Shagari by Rawani: 9:43am On May 27, 2015
AdamsBashforth:
O sorry...please next time, quote them directly so that independent observers would just jump over such comments. I dont read or talkless respond to people who foam in the mouth while trying to air their views. Sorry about the mix up.
It's alright. Comprehension is dynamic.
PoliticsRe: Buhari Returns Tomorrow In The Company Of Shagari by Rawani: 9:17am On May 27, 2015
AdamsBashforth:
"Buhari had departed the country last Friday in the company of two of his close aides, ostensibly to get away from the pressure that had been brought to bear on him by members of his party the All Progressives Congress (APC), state governors and varied interest groups who had laid siege on him in recent weeks for posts in his government".

"However, his trip, which he embarked upon without the knowledge of the leadership of the APC, has caused disquiet among its chieftains, as it was the first clear signal that the president-elect is a man of independent thinking determined to do things his way".

Your post
"gnash their teeth in frustration that the man they swore was an unelectable 'certificateless' sick old cattle-rearer".

Now rawani please those that said he was a certifateless aspirant were members of the opposition. The story we are all responding to is refering clearly to his PARTY. I hope you understand.
General Buhari will keep getting stronger while his detractors continue to gnash their teeth in frustration that the man they swore was an unelectable 'certificateless' sick old cattle-rearer, is about to be sworn-in in a few hours as the Next President of the Federal Republic of Nigeria.

Sai Baba.


AdamsBashforth if you read carefully, you would see I was addressing GMB's detractors. Now look at the posters before and after me to understand the context of my post.

TANoids consumed by bitterness keep claiming the great General is sick anywhere from the North Pole to Timbuktu... Clearly frustrated by the fact the General Buhari is going to be sworn in to govern us all in a few hours.

I hope you understand.

PoliticsRe: Why Oil Marketers Want Payment Before May 29 by Rawani: 9:06am On May 27, 2015
AdamsBashforth:
The marketers were there in 1983, 1985,1993,1994, 1999 and 2007. The only problem was that it was strictly for two sections of our dear country. We had men owning more than 20,000 tankers. It was worst then. They sell to government at market price, buy from government at susidies price and smuggle it of to other west african countries were it is sold at market price. Except you were not yet born then. Please do research before you type things that are not accurate.
I don't think you understand how petroleum subsidy works. Buy what at subsidized price? The subsidy we talk about is on imported PMS by the marketers, and that's because we now lack refining capacity for our crude.

There is no defence for this fraud which was fostered by Jonathan's sheer incompetence.
PoliticsRe: Why Oil Marketers Want Payment Before May 29 by Rawani: 9:01am On May 27, 2015
chuna1985:
[s]I really laugh @ u n whoever wrote all those nonsense.

There is no fuel subsidy in Nigeria and yet soludo, sanusi, Okonjo iweala and all the technocrats who has managed Nigeria never knew n they kept paying ithuh

U really need to come out from that place u have put urself.

Cost of landing gasoline to Nigeria now is less than 85 naira because of crude oil crash, wen crude oil is priced @ over 100 dollars per barrel, the landing cost exceeds 100 naira per litre.

Finally u can believe the one u prefer.[/s]
What you should do is apologise for falsely accusing me, not posting that tripe up there. Not that I expected much though...Cheers.
PoliticsRe: Buhari Returns Tomorrow In The Company Of Shagari by Rawani: 8:54am On May 27, 2015
AdamsBashforth:
Hey man, the wrietr was refering to members of the APC. Try to read and understand.
What are you talking about? Please explain.
PoliticsRe: Why Oil Marketers Want Payment Before May 29 by Rawani: 8:49am On May 27, 2015
chuna1985:
where did u copy n paste dis from?
The source is in the post.

I'm waiting for the evidence to prove you were not blabbing earlier.
PoliticsRe: Why Oil Marketers Want Payment Before May 29 by Rawani: 8:30am On May 27, 2015
chuna1985:
Please give a brief explanation to show that the subsidy has always been a scam?
There's nothing brief about such an explanation. The bottom line is the true landing cost of imported PMS is about N35/litre. Here's the analysis:

What is the true cost of a litre of petrol in Nigeria ? The Nigerian government has earmarked 445000 barrel per day throughput for meeting domestic refinery products demands. These volumes are not for export. They are public goods reserved for internal consumption. We will limit our analysis to this volume of crude oil. At the refinery gate in Port Harcourt, the cost of a barrel of Qua Iboe crude oil is made up of the finding /development cost ($3.5/bbl) and a production/storage /transportation cost of $1.50 per barrel.

Thus, at $5 per barrel, we can get Nigerian Qua Iboe crude to the refining gates at Port Harcourt and Warri. One barrel is 42 gallons or 168 litres. The price of 1 barrel of petrol at the Depot gate is the sum of the cost of crude oil, the refining cost and the pipeline transportation cost. Refining costs are at $12.6 per barrel and pipeline distribution cost are $1.50 per barrel. The Distribution Margins (Retailers, Transporters, Dealers, Bridging Funds, Administrative charges etc) are N15.49/litre or $16.58 per barrel. The true cost of 1 litre of petrol at the Mobil filling station in Port Harcourt or anywhere else in Nigeria is therefore ($5 +$12.6+$1.5+$16.6) or $35.7 per barrel . This is equal to N33.36 per litre compared to the official price of N65 per litre. Prof. Tam David West is right. There is no petrol subsidy in Nigeria . Rather the current official prices are too high. Let us continue with some basic energy economics.

The government claims we are currently operating our refineries at 38.2% efficiency. When we refine a barrel of crude oil, we get more than just petrol. If we refine 1 barrel (42 gallons) of crude oil, we will get 45 gallons of petroleum products. The 45 gallons of petroleum products consist of 4 gallons of LPG, 19.5 gallons of Gasoline, 10 gallons of Diesel, 4 gallons of Jet Fuel/Kerosene, 2.5 gallons of Fuel Oil and 5 gallons of Bottoms. Thus, at 38.2% of refining capacity, we have about 170000 bbls of throughput refined for about 13.26 million litres of petrol, 6.8 million litres of diesel and 2.72 million litres of kerosene/jet fuel.

This is not enough to meet internal national demand. So, we send the remaining of our non-export crude oil volume (275000 barrels per day) to be refined abroad and import the petroleum product back into the country. We will just pay for shipping and refining. The Nigerian government exchanges the 275000 barrels per day with commodity traders (90000 barrels per day to Duke Oil, 60000 barrels per day to Trafigura (Puma Energy), 60000 barrels per day to Societe Ivoirienne de Raffinage (SIR) in Abidjan, Ivory Coast and 65000 barrels per days to unknown sources) in a swap deal. The landing cost of a litre of petrol is N123.32 and the distribution margins are N15.49 according to the government. The cost of a litre is therefore (N123.32+N15.49) or N138.81 . This is equivalent to $3.54 per gallon or $148.54 per barrel. In technical terms, one barrel of Nigerian crude oil has a volume yield of 6.6% of AGO, 20.7% of Gasoline, 9.5% of Kerosene/Jet fuel, 30.6% of Diesel, 32.6% of Fuel oil / Bottoms when it is refined.

Using a netback calculation method, we can easily calculate the true cost of a litre of imported petrol from swapped oil. The gross product revenue of a refined barrel of crude oil is the sum of the volume of each refined product multiplied by its price. Domestic prices are $174.48/barrel for AGO, $69.55/barrel for Gasoline (PMS or petrol), $172.22/barrel for Diesel Oil, $53.5/barrel for Kerosene and $129.68/barrel for Fuel Oil. Let us substitute the government imported PMS price of $148.54 per barrel for the domestic price of petrol/gasoline. Our gross product revenue per swapped barrel would be (174.48*0.066 +148.54*0.207+172.22*0.306+ 53.5*0.095+129.68*0.326) or $142.32 per barrel. We have to remove the international cost of a barrel of Nigerian crude oil ($107 per barrel) from this to get the net cost of imported swapped petroleum products to Nigerian consumers. The net cost of swapped petroleum products would therefore be $142.32 -$107 or $35.32 per barrel of swapped crude oil. This comes out to be a net of $36.86 per barrel of petrol or N34.45 per litre.

This is the true cost of a litre of imported swapped petrol and not the landing cost of N138 per litre claimed by the government. The pro-subsidy Nigerian government pretends the price of swapped crude oil is $0 per barrel (N0 per litre) while the resulting petroleum products is $148.54 per barrel (N138 per litre). The government therefore argues that the “subsidy” is N138.81-N65 or N73.81 per litre. But, if landing cost of the petroleum products is at international price ($148.54 per barrel), then the take-off price of the swapped crude oil should be at international price ($107 per barrel). This is basic economic logic outside the ideological prisms of the World Bank. The traders/petroleum products importers and the Nigerian government are charging Nigerians for the crude oil while they are getting it free.

So let us conclude this basic economic exercise. If the true price of 38.2% of our petrol supply from our local refinery is N33.36/litre and the remaining 61.8% has a true price of N34.45 per litre, then the average true price is (0.382*33.36+0.618*34.45) or N34.03 per litre. The official price is N65 per litre and the true price with government figures is about N34 per litre (even with our moribund refineries).


Source

Meanwhile chuna1985 I'm waiting for the evidence you claimed to prove I ever supported the subsidy programme, or it will be taken you say things you know absolutely nothing about.
PoliticsRe: Why Oil Marketers Want Payment Before May 29 by Rawani: 8:16am On May 27, 2015
chuna1985:
GEJ already wanted to remove the subsidy n people like u refused n rioted. air wander what ur talking about now.

If u don't call GEJ, will anything happen to uhuh
The subsidy has always been a scam, I challenge you to present a single shred of evidence of my express or implied support for its continuation.
PoliticsRe: Buhari Will Not Use Oil Marketers! by Rawani: 8:05am On May 27, 2015
This is the best news I've heard so far today. Kudos sir.
PoliticsRe: Lagos-Ogun Metro Rail Transit To Cost N456bn (Approval granted to start) by Rawani: 7:51am On May 27, 2015
micktoxin:
Let me help you out. What do you make of this rail project? Not too hard to comprehend I would've thought.
Now that's more like it.

The rail project apart from easing transportation, will enhance the economies of both states through increased trade and the ability of workers to commute to either state for work. Furthermore mono rail being the most efficient form of transport in terms of energy consumption, space occupancy and numbers transported is eco-friendly and therefore a welcome development. I trust that it's viability has been established.
PoliticsRe: Lagos-Ogun Metro Rail Transit To Cost N456bn (Approval granted to start) by Rawani: 7:37am On May 27, 2015
micktoxin:
Of course I did and my decision still holds. Use your brain will you, I said "I will 'request a closure" if further tribalism are being spewed.
So far, you haven't made a contributionto the topic posted, so how about you stick to the development of south West? Not too hard is it?
Glad you agree to stick to the topic. Cheers.
PoliticsRe: 'GESKIYA' The Truthfulness Of The North. by Rawani: 7:23am On May 27, 2015
Wsdm:
Are you talking of regional rotation or national rotation? If you are talking of national rotation; do others key into it when it is their turn to rule! Mind you that the two Southern leaders that benefited from the GESKIYA attitude of the Arewa jettison the arrangement: Obassanjo signed a pact of one tenure, he jettison it; Jonathan too did the same thing. How are we now sure that others will respect theirs when the time come?. The governors have a very great work to do to develop Arewa. May God see us through.
Poor and insincere leadership cuts across all regions, but I understand your point.
PoliticsRe: Lagos-Ogun Metro Rail Transit To Cost N456bn (Approval granted to start) by Rawani: 7:20am On May 27, 2015
micktoxin:
I don't know about you, but I can't ignore a comment that wished more harm were done to the other tribe. I need to understand the context behind that comment.
Anyways, I am happy to let this topic continue as long as tribalism is kept to a minimum otherwise I have no choice but to request a closure of this thread.
Did you not read what I wrote? No one asked you to ignore a comment; open a thread if you need understanding as you stated. The mods are up to task and it's their prerogative to decide what threads to close, not yours.
PoliticsRe: Buhari Returns Tomorrow In The Company Of Shagari by Rawani: 7:10am On May 27, 2015
General Buhari will keep getting stronger while his detractors continue to gnash their teeth in frustration that the man they swore was an unelectable 'certificateless' sick old cattle-rearer, is about to be sworn-in in a few hours as the Next President of the Federal Republic of Nigeria.

Sai Baba.
PoliticsRe: 'GESKIYA' The Truthfulness Of The North. by Rawani: 7:05am On May 27, 2015
Eugenedimgba:
Yes bro...The Hausa folks are a truthful and honest set of people.I hope they continually rule....next up is kwankwasiya.
In order to ensure the continuity of this entity, it would only be fair that power is rotated among the people, what we should focus on is pressuring our elected leaders to massively develop the north's resources for our collective benefit. Allah ya ba mu sa'a.
PoliticsRe: Lagos-Ogun Metro Rail Transit To Cost N456bn (Approval granted to start) by Rawani: 6:57am On May 27, 2015
micktoxin:
It's great to hear your views on this. Can you please expand more on the highlighted, because Igbos on this site are angry for a reason. They tend to call Yoruba a betrayal and backstabber.
That would derail this thread which is focused on the developments in the SW. Create a separate thread for your overflogged intentions. Other Nigerians are focused on progress.
PoliticsRe: 'GESKIYA' The Truthfulness Of The North. by Rawani: 6:36am On May 27, 2015
Gaskiya (truth) is one of the unique qualities of the northerner/HF, lending credence to the claim of most Nigerians that the northerner is the most honest person to do business with. Proudly Arewa.
PoliticsRe: Don’t Dump National Conference Report, Jonathan Urges Buhari by Rawani: 6:34am On May 27, 2015
The legality of the conference was never established so there is no way illegality can be implemented within the confines of the rule of law.

http://www.bbc.co.uk/news/world-africa-28929532

1 2 3 4 5 6 7 8 ... 30 31 32 33 34 35 36 37 38 (of 79 pages)