₦airaland Forum

Businessideas:
I am sure that corruption is still factored into arriving at that N85.Let them tell us the breakdown and how come you are taking off subsidy and still talking about fixing price? I am not sure government is completely hands off this subsidy things. It makes perfect sense to tell us that you have factored in profit into arriving at that price and you intend to save up the profit so that if price of crude increases you can then use the saved profit to provide the subsidy if and when it's absolutely necessary.

very simple and sensible questions. But some people have vowed to be zombies in this year and age.

Iran’s media reported on Friday that the country has started talks with India over increasing Iranian oil exports to the country as well as retrieving the petrodollars that have been blocked in New Delhi due to US-led sanctions against Tehran. 

IRNA, quoting officials inside Iran’s Oil Ministry, reported that the talks were held in the Indian capital last week. However, it said no details on the exact agenda of discussions between the two sides have been publicized.      

“Iran and India hold regular meetings to discuss oil,” said Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC). 

“India is among the top traditional clients of Iran’s oil and had already voiced interest in increasing its imports from the Islamic Republic,” Qamsari has been quoted as saying by IRNA. 

India imported an average of 249,000 barrels of oil from Iran over a period of seven months starting April. The figure shows an increase of 5.6 percent compared to the same period last year. 

India is seen as Iran's biggest oil client after China. However, New Delhi was forced to slash crude purchases from Iran due to the US-led sanctions which hit Iran’s energy sector back in 2012.

Indian refineries should pay some $6.5 billion in outstanding oil dues to Iran that have been blocked in New Delhi banks as a result of the sanctions. 

The landmark nuclear deal reached between Iran and the P5+1 group of countries – the five permanent members of the Security Council plus Germany – has paved the way for releasing Iran’s blocked petrodollars. 

India has already starting the proceedings to make the outstanding payments to Iran in several installments each valuing at several hundred million dollars.  

PressTV-Iran, India meet to discuss oil
http://presstv.ir/Detail/2015/12/25/443178/Iran-India-discuss-oil-export-rise-payments

free2ryhme:
This is getting interesting

What if they had actualise the attempt to assassinate the chief of army staff. It will be a different story ooo

Is it not better for one man to die than 300 plus people?

Burutai uses BMW armor, and yet he wants to convince zombies that some ragtag religious zealots wanted to assassinate him. Moreover, he was busy galivanting without intelligence. That is the only explanation for him and his murderous gang to run into the shiites procession.

Obasanjo is the father of all liars - wole Soyinka

drss:
abeg somebody should call ambulance. heart attack eminent ^^^.

ambulance with chains oooo

And his ADC is still rolling with Mr President. Gej is okay.

Army killed and secretly buried 300 Shiites - Human Rights Watch

The Human Rights Watch, HRW, has alleged that no fewer than 300 members of the Shi’ia sect were killed and secretly buried by the members of the Nigerian army.

The body, in a statement signed by its African Director, Daniel Bekele, called on President Muhammadu Buhari to halt the human right abuses being perpetrated by the Nigerian military, stressing that, “The killing of hundreds of Shia Muslim members of the Islamic Movement of Nigeria, IMN, by Nigerian soldiers from December 12 to 14, 2015, appears to have been wholly unjustified.”

The statement read further, “Human Rights Watch interviewed 16 witnesses to the killings and five others, including local authorities, who said that Nigerian army soldiers fired on Shia Muslim members of the group at three locations in Zaria, in northern Nigeria.

“The army said its confrontation with the Shia sect members who had erected a makeshift roadblock near a mosque resulted from an assassination attempt on the army chief of staff, Lieutenant General Tukur Buratai, whose convoy was passing by.

“In an internal military document seen by Human Rights Watch, the army said protesters appeared to be taking up positions near the back of the convoy.”

“The Nigerian military’s version of events does not stack up,” adding that the reaction from the presidency, that the situation is a military affair is most appalling.

Bekele continued that, “It is almost impossible to see how a roadblock by angry young men could justify the killings of hundreds of people. At best it was a brutal overreaction and at worst it was a planned attack on the minority Shia group,”

“Characterising this terrible carnage against Shiites in Zaria as ‘a military affair’ is shocking. President Buhari should ensure the military’s appalling track record of serious human rights abuses is halted and does not continue under his term in office.”

Describing the silence of the Presidency on the matter as shocking, the HRW said Kaduna State Governor, Nasir El-Rufai following the incident immediately announced the establishment of a state judicial commission of inquiry to look in to the clash.

“At least 300 Shia sect members, and likely many more, were killed and hundreds more injured, according to witnesses in at least two of the sites and a hospital source,”

“Soldiers quickly buried the bodies in mass graves without family members’ permission, making it difficult to determine an accurate death toll,” the body added.

http://dailypost.ng/2015/12/23/army-killed-and-secretly-buried-300-shiites-human-rights-watch/

Oh yes Fayose. We need an extreme christian to invoke holy ghost fire on the jihadist buhari

Just like Isis is selling oil, Buhari wants to empower Bokoharam to start selling oil.

Na me you dey call Judas?

What do you guys think

And the VP to the terrorist Buhari is a "professor" in law.

The sun collected the money under Femi Adesina. The presidency is now occupied by hypocrites and liars.

NavierStokes:
Is Soludo also "CONCURRING"

No. He is waking hours to reality

APC is using desert juju from Senegal to keep Nigerians silent while the suffering continues.

ogb5:
Op sorry. I think you should park your car and start trekking for Buhari just like others are doing.

Remember you Lagos folks voted wholeheartedly for this change.

Time to savour the victory.

gbam!

Dasuki might not be as dumb as the shite killing president Buhari thinks.

Buhari collected one armored land cruiser, one regular land cruiser. Then $300,000.00 cash which equals N81,000,000.00.

Buhari has been lying all his life. Sadist president

8:19:19 AM Sunday 20th December, 2015, Abuja is witnessing the mother of all scarcity.

8bn naira? Haba this sum is far too small. This means Sanusi is a liar then, because according to the ex- cbn governor, more than 11billion naira was stolen everyday under gej

Don't even go there. Nigeria is no match to the consistent and well trained Iranian military. The only thing we are good at is the archaic practice of people standing like statue in the name of ADC behind our politicians.

Pishure goomentii

Niger Delta people - Nigeria blessing and curse

When a sadist is on the throne, bad news everywhere. Including, "prepare for a harsh 2016". What will happen do if your father tells you so?

Fact check

#Number of registered voters in southern Ijaw = 120,000 plus

#Number of collected PVCs = 69,000 plus

#Number of votes APC/Nigerian Army wrote for Sylva in southern Ijaw during the attempted rigging = 78,000 plus

Shouldn't sylva be smelling the rods by now?

Oil prices fell for a seventh straight session on Monday, coming close to 11-year lows, on growing fears that the global oil glut would worsen in the months to come. Brent crude fell by 3.4 per cent to below $36.70 a barrel for the first time since December 2008 and U.S. West Texas Intermediate (WTI) sank 2.5 per cent below $34.70 a barrel.

Brent traded less than 50 cents above the lows last seen during the 2008 financial crisis of $36.20 a barrel. “Oil is coming under pressure as the lack of OPEC cuts mean incessant oversupply continues,’’ said Amrita Sen from Energy Aspects think tank. Both benchmarks have fallen every day since the Organization of the Petroleum Exporting Countries (OPEC) on Dec. 4 abandoned its output ceiling.

In the past six sessions, they have shed more than 13 per cent each. OPEC has been pumping near record levels since last year in an attempt to drive higher-cost producers such as U.S. shale firms out of the market. New supply is likely to hit the market early next year as OPEC member Iran ramps up production once sanctions are lifted as expected following the July agreement on its disputed nuclear programme.

“All new production will be earmarked for exports,’’ BMI Research said in a note. “In addition to volumes released from storage, Iran will be able to increase crude oil and condensates exports by a maximum of 700,000 b/d by end-2016,’’ it said. Gulf producers and Russia have said they would not cut output even if prices fell to $20 per barrel.

On Friday, the International Energy Agency (IEA) said that the global supply glut was likely to deepen next year and put more pressure on prices. OPEC supply is likely to increase by 1 million bpd next year, Morgan Stanley analysts said in a research note on Monday. “Almost the entirety of added supplies in 2016 will come from Iran, Iraq and Saudi,’’ it said.

Oil tumbles towards 11-year lows on worsening glut
http://www.vanguardngr.com/2015/12/oil-tumbles-towards-11-year-lows-on-worsening-glut/

Femi is so jobless that he has now resorted to doodling

Wise decision

freshvine:
Buhari teaching Jonathan how to be a ruler.

If not that Jonathan is Lilly minded he should've jailed Buhari since for treason.

seconded. Treason and terrorism

Nigeria cracking like crackers biscuits

Buhari wants to export "inconclusive".