LeoMax:

U dey mind them. I realized people who shout and shout for this removal dont have even okada

Ganiyyah:

I can smell the kinship between you 2 and Oga BEJ, the only obvious difference is that you guys are dumber!

LeoMax:

U dey mind them. I realized people who shout and shout for this removal dont have even okada

muyoto:

Subsidy can go, but not now. That's all the poor, long suffering masses ask.

is it too much? Why can't they listen? I'm getting really depressed

saintohia:

Quote 4m Omo Tier1
Have a read at the 2012 budget, you would weep for Nigeria! One would have thought Okonjo Iweala the Finance Minister would be the one to lead an onslaught on the huge and obscene allowances of the excutive and legislatives arms of government and present a budget to address same and put it at the mercy of the public!


Λ Λ Λ  Λ

She has the ability to do that, but she wldn't b/c she's IMF / WB agent (spy) only to ensure that their harsh policies to impoverish Africans more are implemented 100%

moremi2008:

Victory for Oando and MRS!!!!

LeoMax:

What does House of Reps Vote not to investigate and Prosecute Oil Cabal tell Nairalanders and Nigerians in all

LeoMax:

You and your gf that u quoted, your reasoning eludes me. Her own beta sha. She be woman. Ma*a go pay.
pls tell bros leomax & his gf.
Thank you for giving me luscious libs. Thanks a lot, it what I need in these non-subsidized times. I am just wondering why its mostly kids and the jobless that protest and not the 6 valves truck owners and that drive PMS high powered combustible engines. Thanks again for the luscious libs.

What does House of Reps Vote not to investigate and Prosecute Oil Cabal tell Nairalanders and Nigerians in all

cycline404:

Those house members are the cabals and the fraudsters, that meeting was staged and they plan to let us hear what they want us to hear,

The strike will hold only for Monday Bet me the negotiation schedule for Tuesday will come with labors begin bribed to agree on fuel to be @N109 / Ltr.

The houses refuse to hit the nail on the head,  They stage us all,  Bet me all bunch of one party

LeoMax:


[b]Government has no business in business, the global economic model worldwide is privatization with government holding portfolio in refineries to enable her influence price in favor of citizens. No Investor will ever commence investing billions into building refineries when PMS is sold at a "fixed" and subsidized margin of 65naira. Its the main reason why all the companies that were issued licenses to build refineries never built it. Once the sector is De-regulated, private players both home and abroad will make FDI into the down stream sector. The effect will be magical job creations and other multiplying effects, more filling stations, more refineries, more petrochemical firms. The 141 is very temporal because as soon as more refineries come on board price will be determined by local market forces.  

alj harem:

[size=13pt]They shld stop deceiving themselves. If Nigerian govt. can't build new refineries without removing fuel subsidy, they shld damn it. That's one of the things that must (needed to) be in place b4 they start dreaming about removing subsidy. If FG don't have money to build the refineries, they shld use one (or two) month salary and allowances of FEC, Upper & Lower House to build them as their own part of the sacrifice to the Nigerian course.

Secondly, we want the FG to show us a blue print that must be implemented, on how those that have cases to answer in the oil sector and Nigerian Economy will be probed, to regulate corruption.[/size]

Three New Refineries Coming Says Works Minister
« on: Today at 09:24:14 PM »

Abuja – The Minister of Works, Mr. Mike Onolememen, says part of the benefits that will accrue to Nigerians from the withdrawal of fuel subsidy will be the building of three new refineries.

The minister who spoke at a forum in Abuja on Sunday said this would help Nigeria to process its crude and meet local consumption.

“Nigerians should know that this oil resource has been given to this country over the years have not been properly managed. We have another opportunity to get it right.

“Niger Republic and so many of our neighbouring countries are building refineries around us with the intention to sell to Nigeria and with this deregulation policy one of the major gains will be the building of three new refineries.

“I want Nigerians to know that when these new refineries are completed, we will be a net exporter of petroleum product and prices will begin to come down, just like we are witnessing in the telecommunications sector with the GSM regime.

“That is my message to Nigerians. Let us support government, let us join hands with government because government cannot and will not take any decision with the aim of punishing fellow Nigerians. It is impossible. So, Nigerians should have this at the back of their minds.’’

The minister said the refineries would be located in Lagos, Bayelsa and Kogi states.

“The one in Lagos is with the capacity of 200,000 barrels per day, while the ones in Kogi and Bayelsa have the capacity to produce 100,000 barrels per day,’’ Onolememen said.

He added that what would be produced by these new refineries would complement the production by existing refineries which would all have had their on-going turnaround maintenance completed.

The turnaround maintenance “will bring the production capacity of the existing four refineries to between 90 per cent and 95 per cent.’’

Onolememen expressed confidence that the increased level of production would enhance Nigeria’s status as a net exporter of petroleum products. (NAN)

http://www.vanguardngr.com/2012/01/three-new-refineries-coming-says-works-minister/

DRANOEL:

i keep hearing cabal,cabal,cabal,cabal!! ah ah are they ghost? why is that this govt is always giving excuses on a nameless cabal?

LeoMax:

Three New Refineries Coming Says Works Minister
« on: Today at 09:24:14 PM »

Abuja – The Minister of Works, Mr. Mike Onolememen, says part of the benefits that will accrue to Nigerians from the withdrawal of fuel subsidy will be the building of three new refineries.

The minister who spoke at a forum in Abuja on Sunday said this would help Nigeria to process its crude and meet local consumption.

“Nigerians should know that this oil resource has been given to this country over the years have not been properly managed. We have another opportunity to get it right.

“Niger Republic and so many of our neighbouring countries are building refineries around us with the intention to sell to Nigeria and with this deregulation policy one of the major gains will be the building of three new refineries.

“I want Nigerians to know that when these new refineries are completed, we will be a net exporter of petroleum product and prices will begin to come down, just like we are witnessing in the telecommunications sector with the GSM regime.

“That is my message to Nigerians. Let us support government, let us join hands with government because government cannot and will not take any decision with the aim of punishing fellow Nigerians. It is impossible. So, Nigerians should have this at the back of their minds.’’

The minister said the refineries would be located in Lagos, Bayelsa and Kogi states.

“The one in Lagos is with the capacity of 200,000 barrels per day, while the ones in Kogi and Bayelsa have the capacity to produce 100,000 barrels per day,’’ Onolememen said.

He added that what would be produced by these new refineries would complement the production by existing refineries which would all have had their on-going turnaround maintenance completed.

The turnaround maintenance “will bring the production capacity of the existing four refineries to between 90 per cent and 95 per cent.’’

Onolememen expressed confidence that the increased level of production would enhance Nigeria’s status as a net exporter of petroleum products. (NAN)

http://www.vanguardngr.com/2012/01/three-new-refineries-coming-says-works-minister/

DRANOEL:

i keep hearing cabal,cabal,cabal,cabal!! ah ah are they ghost? why is that this govt is always giving excuses on a nameless cabal?