dominique: This is the first time ill be hearing of her. How about the likes of Diezani allison madueke? Which position do they carry?

Just one oil block Sure deziani will beat the record.

very neat fabric interior,
4 cylinder,
117k+ Mileage,
Ac, Automatic transmission.

Call 08127724324 if interested. reasonable price

Still available for grab

i just dropped a huge sum of money for house rent and there is this feeling like am being exploited by the agent because the agent and agreement fee was almost the amount for the rent. More so, the funny part is i just got a funny sheet(as agreement) and one ugly receipt( both valued at maybe N20 because no lawyer was involved). i feel

Whats your experience like? please share

druid06: There's no advantage of not having a girl for a relationship. The advantages the op gave is just totally ridiculous. I think this thread should be changed to disadvantage of not having a girl friend. I can personally tell you what you miss when you're not in any relationship since I'm currently single..

1) No one to talk to and there's feeling of loneliness
2) You don't get the latest gist about other people (tatafo)..lol..
3) No one to cuddle up on the bed or sofa watching late night movies
4) No date to take to a party or a club
5) No one to prepare your dishes and help you with common house chores
6) No intimacy ( You know what I mean ) (WINK!!)
7) No one to make your day or put a smile on your face
No text messages in the morning from your girl telling you how much she loves and misses you
9) No girl to make your friends jealous
10) and no girl to always piss you off..lol..

How does all this make u a better person ...Its still the negative side

femooo:

Whats this konji u guys keep talking about......I don't have a woman and i have never experience any konji.
I have a friend who is close to 30yrs and has never ask a lady out in life, He live good, happy and fulfilled.

You sure your guy is ok

Recently I heard the introduction of the PoliceBCMR as technological means of attaching automobile owner’s special and unique biological characteristics (biometrics) and personal data to their vehicles for authentication, protection, crime prevention and control purposes which operates on a smart card and handheld card reader. This is also a specially developed enterprise solution for centralization and validation of vehicle documents in order to create and authenticate the database for police operational use and management nationwide. Particularly for countries in West Africa where band width is low for efficient telecommunication and internet connectivity coupled with inconsistent GPRS that has been an hindrance to efficient automobile tracking technologies. The Handheld device does not rely or need internet connectivity and electricity to operate anywhere in the country.

The big question is; Is this another means of defrauding unsuspecting Nigerians? and also will this card replace the formal means of registration(insurance and road worthiness?
Whats your opinion?

http://policebcmr.org/Home/AboutAutosBin

still available.

46k millage....more like toks

This machine is very much available.

Millage-41k
Engine: 3.7L V6 MPI

Full option-

Navigation, ABS, Air Conditioning, Alloy Wheels, AM/FM Radio, CD Changer, CD Player, Child Seat, Cruise Control, Driver-Side Airbag, Heated Seats, Leather Interior, Memory Seats, Passenger-Side AirBag, Power Locks, Power Mirrors, Power Seats, Power Steering, Power Windows, Rear Window Defroster, Rear Window Wiper, Remote Keyless Entry, Side-Impact Airbags, Sun Roof, Tilt Wheel, Traction Control, One Owner, Air conditioning, Power steering, Power windows, Tilt steering wheel, Drive type four-wheel, Engine liters 3.5, Cylinder configuration V-6, Transmission 7 speed automatic, AM/FM radio, ABS brakes, Engine displacement 3.7 L, Wheelbase 2,913mm (114.7", GVWR 2,830kg (6,239lbs)
call 08035147177 if interested.

i need a pb 16GB holla me if u hae a gud deal price for me
' bizzypumping@gmail.com '

Still available

Available.....

Auto gear
Factory A/C
dvd
Power window
Central lock
Power mirror
Leather interior
Call 08022225789

Call the no on the post

Going!!!!

VERY CLEAN CAR

NEATLY USED

MINT FABRIC SEATS

MILEAGE  99,916

ALLOY WHEELS

EVERYTHING IN PERFECT CONDITION

08022225789

08160201993

THE REAL COST OF NIGERIA PETROL- BY DR. IZIELEN AGBON A FORMER HOD, PETROLEUM ENG DEPT, FORMER ASSU CHAIRMAN UNIVERSITY OF IBADAN, TRAINED MANY OPERATORS IN NATION'S ENERGY INDUSTRY WITH PRATICAL EXPERIENCE ON OUR PRACTICES AND POLICY FOCUS IN THE LAST 20YRS

On December 10, 2011, if you stopped at the Mobil filling station on Old Aba Road in Port Harcourt , you would be able to buy a litre of petrol for 65 naira or $1.66 per gallon at an exchange rate of $1/N157 and 4 litres per gallon. This is the official price. The government claims that this price would have been subsidized at N73/litre and that the true price of a litre of petrol in Port Harcourt is N138/litre or $3.52 per gallon.
They are therefore determined to remove their subsidy and sell the gallon at $3.52. But, On December 10, 2011, if you stopped at the Mobil Gas station on E83rd St and Flatlands Avenue in Brooklyn, New York, USA, you would be a able to buy a gallon of petrol for $3.52/gallon. Both gallons of petrol would have been refined from Nigerian crude oil. The only difference would be that the gallon in New York was refined in a US North East refinery from Nigerian crude exported from the Qua Iboe Crude Terminal in Nigeria while the Port Harcourt gallon was either refined in Port Harcourt or imported. The idea that a gallon of petrol from Nigerian crude oil cost the same in New York as in Port Harcourt runs against basic economic logic. Hence, Nigerians suspect that there is something irrational and fishy about such pricing. What they would like to know is the exact cost of 1 litre of petrol in Nigeria .

We will answer this question in the simplest economic terms despite the attempts of the Nigerian government to muddle up the issue. 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).

There is therefore no petrol subsidy. Rather, there is a high sales tax of 91.2% at current prices of N65 per litre. The labor leaders meeting the President should go with their economists. They should send economists and political scientists as representatives to the Senate Committee investigating the petroleum subsidy issue. There are many expert economists and political scientists in ASUU who will gladly represent the view of the majority. The labor leaders should not let anyone get away with the economic fallacy that the swapped oil is free while its refined products must be sold at international prices in the Nigerian domestic market.

The government should explain at what price the swapped crude oil was sold and where the money accruing from these sales have been kept. We have done this simple economic analysis of the Nigerian petroleum products market to show that there is no petrol subsidy what so ever. In the end, this debate on petrol subsidy and the attempt of the government to transfer wealth from the Nigerian masses to a petrol cabal will be decided in the streets. Nigerian workers, farmers, students, market women, youths, unemployed, NGO and civil society as a whole should prepare for a long harmattan season of protracted struggle. They should not just embark on 3 days strike/protests after which the government reduces the hiked petroleum prices by a few Nairas. They must embark upon in a sustainable struggle that will lead to fundamental changes. Let us remove our entire political subsidy from the government and end this petroleum products subsidy debate once and for all. It is time to bring the Arab Spring south.

Izielen Agbon Izielen Agbon writes from Dallas, Texas.
izielenagbon@yahoo.com

@ okonjius; thanks so much for your advice, ireally appriciate it. I sent u a mails but it keeps bouncing back

HELLO HOUSE, PLEASE YOUR URGENT ADVICE IS NEEDED

AM A GRADUATE OF GEOLOGY(2.1) FROM FUT MINNA, I FINISHED MY NYSC IN THE YEAR 2006 AFTER WHICH I TRIED EVERY THING POSSIBLE TO GET INTO THE INDUSTRY WHERE MY SKILLS WILL BE BEST APPRICIATED TO THE POINT OF LOOKING FOR A VOLUNTEER POSITION IN SOME OF THE COMPANIES BUT ALL TO NO AVAIL. AFTER TRYING FOR TWO YEARS WITH NO POSITIVE RESULT, I MANGED TO GET INTO IT IN A TELECOMS(OUT SOURCED COMPANY )AS A SYSTEM ENGINEER AND THIS MY SECOND YEAR ON THE JOB. THE MAIN PROBLEM I HAVE IS THAT THE ZEAL IS NOT THERE BECAUSE IT TO ME IS TOO BROAD AND IT KEEPS CHANGING THUS I FOUND IT TOO HARD TO CHOOSE A PARTICULAR AREA OF SPECIALIZATION. AM THE MOST CONFUSED PERSON ON THIS PLANET AS I WRITE COZ AM AFRAID OF WHAT THE FUTURE HOLDS ON THIS PATH AM TREADING WITH ALL THE CHANGES IN IT, BUT AM STILL VERY MUCH INTREASTED IN MY GEOLOGY. PLEASE KINDLY ADVISE.PLEASE PLEASE PLEASE

think the best thing is to love without a reason coz most of the crashed marriages is coz the so called ''reason'' vanished