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30 comments

  • jonathan conceded for peace to reign.
    visit naijreport.blogspot.com for latest news and lovejoy4.blogspot.com for relationship tips and advice.

  • Comrade:Atabala Funkebi

    WHY JONATHAN CONCEDE DEFEAT.
    —–By Comrade Atabala JF.
    (08167468127)

    The concede of defeat by Goodluck Jonathan has over the last few months have attracted him to international recognition.this is due to his inability to tell the truth on why he conceded defeat.his claim of conceding defeat because Nigeria was at the point of war is a lie.
    The reason why he concede defeat easily can be explained through the FOUR(4) VARIABLE axioms of Atabala:-
    1.Boko Haram.
    2The Chibok girls issue.
    3.The emerging economic challenge at that time.
    4. The West and Northern conspiracy theory against him.

    His inability to face these challenges made him conced defeat,from beginning he never wanted to contest so it was easy for him to concede deafeat.The warnings of Asari and other war lords of the Niger Delta was that,if Jonathan dont win there will be war but,he failed and nothing happened.There would have been no war but,it would have been a case in the supreme court.
    Let the truth be known,i comrade Atabala Jf stands for the truth.

  • salary of the absorped staff in akwa ibom state not paid over 3yrs.

  • Liberty

    Hon. Leo Ogor, what is your interest in Irri matters because the peace
    committe set up to end Irri crisis tend to meet deadlock each time they meet community leaders and palace chiefs.They are always advised to see you Hon. Leo Ogor. Please tell the world if Ole, Ozoro and the just concluded crisis of Uzere met with you before they ended their crisis because Irri crisis started long before the towns mentioned above. Is this how you want to be a speaker by 2015? You also, most high bishop Akina; we now realise that your church is now the palace of Odio Ologbo of irri kingdom and the community town hall too. Recentl, when chieftancy titles were given, you were the one who rub them white chalk. Are you now the community chief priest? You refuse Irri crisis to end for your political interests. If you have forgotten, let us remind you about the 4 people you killed from benin. It was the people of Irri kingdom that saved your life. The people’s houses burnt in the time of your crisis is still there up till now. What progress have you made so far for the people of Irri kingdom that you are decieving them with the name of God. The world sees you. We give you two weeks to end the crisis presently at Irri kingdom or the world will know of what you did to Irri. Are you not old enough to talk to God? Your children look up to you for political chances and have refused to advise you on your wrong doings. They will also be punished for that. Can you remember, when Oziwo was alive, he always advised you that you cannot pray by his side because of the pool of blood on your hands. Why not change towards God as you so claim so that you can see his kingdom.

    We are liberate. A select people of Irri Kingdom and we want to be liberated from your shackles. We will do anything to make that possible.

    please send to people from delta state and Nigeria as a whole. We need to save Irri and come out of this crisis. It has lasted long enough.

  • Ikpe joel

    When will the recriutment start

  • ONUZURUIKE NDUBUISI JESSE

    In addition the alleged illegal money collected by Mr. Maduforo John, the accused also collected N20,000 each(for int’l passpot for CAEI training overseas) from young graduates among whom were ONUZURUIKE NDUBUISI JESSE & NNANTA NNENNA. SSS SHLD ACT.

  • SIRBEN

    they are just making mouth nothing to show. Nosense.

  • Govenor of Nasarawa state deserve an award

  • Gen Emma Shobor

    Shobor Emmanuel
    Pursuant to the Federal Government Amnesty Programme, As an Ex-Agitator/ commader of ZION Gorillar Freedom Fighters located at Ughelli creeek, i wish to call on The Presidential Amnesty Programme under the inspirational leadership of Hon Kingsley Kuku to include the Urhobo ex-agitators who were docuemented during the disarmament by the JTF IN THE 3RD Phase Amnesty programme

  • Ozonato

    @Marcel Duru -13 suspects charged to court and must be paraded with chains so that they will not escape.

  • Abdul

    I stand to agree strongly with the global statistics on (in every 10 men 3 are not the fathers of the children they fathered.

  • NIGERIA SUED IN COURT BY BILIE HUMAN RIGHTS INITIATIVE IN COLLOBORATION WITH RADIO BIAFRA OVER THE RIGHTS OFTHE INDIGENOUS PEOPLE OF BIAFRA TO SELF-DETERMINATION
    For the first time in the history of Biafran struggle, BILIE HUMAN RIGHTS INITIATIVE in collaboration with RADIO BIAFRA summons up courage to confront the Nigerian government in court of law to establish in principle the Rights of the Indigenous People of Biafra to self-determination as enshrined in the Nigerian constitution, United Nations Declaration on the Rights of Indigenous People and African Charter on Human and Peoples Right.
    The Suit number is FHC/OW/CS/102/2012 and the Case is listed for preliminary hearing on 30th October 2012 at the Federal High Court, Owerri.
    BILIE HUMAN RIGHTS INITIATIVE is a Human Rights Organization that advocates for the rights of the Biafran People to self-Determination. For more details, keep checking Radio Biafra website @www.radiobiafralondon.com

  • Abubakar A Hassan

    Oh this is nigeria! we people up to now we don’t know what we are doing because in nigeria we are no eny good presidentials candidate in nigeria? there are many good qualitatifs but we dont know them. Allah ya kiyaye;

  • The generation that counts

    “We have the power to make this the best generation of mankind in the history of the world or to make it the last.” – John F. Kennedy

    When I look at this present generation with our penchant for frivolties and ‘toys’, all I can think of is, what impact do we hope to leave?

    Every generation makes its own impacts, every generation leaves its footprints. But our generation, what impacts are we making? And what kind of footprints do we hope to leave?

    Today’s youths are less concerned about scientific discoveries, ground-breaking findings, societal change or general development. What interests the youths of today are music, fashion and sports. True, they are good. Infact, they are necessary ingredients in cooking a total youth in the 21st century, but our priorities have been misplaced; our cart is now before the horse.

    A generation that will leave footprints will be known by the kind of activities its youths engage in. Today’s youths no longer care about Nobel Prizes or helping to change the society, we now care about no 1 spots in the music industry or discussing salaries of footballers.

    The truth of the matter is clear; we either awake from our slumber, or sleep on and awake later to discover that we have lived a meaningless life and left paths without footprints.

    It is imperative that we review our priorities. The world needs youths who can effect change. The world needs more of youths who standout than just youths who want to blend with the crowd. The world needs youths who want to serve than be served.

    Nigeria is going through a hard time in the hands of corrupt politicians and religious extremists. In what ways have the youths helped out? Should we just sit still and watch the rape of our great nation? Should we sit still and watch the plundering of our treasury? Should we sit still and watch the unwilling departure of our brothers and sisters to the great beyond on a regular basis? Should we sit still while diseases ravage our land? Should we watch on as the death traps called roads claim hundreds of lives daily? Should we continue to suffer in silence?

    The youths of this nation must arise, we must first re-examine our choices. It is not enough to have a knowledge of what’s wrong; it’s imperative that we come together to profer solutions.

    We must help to correctly sensitize other youths on the dangers inherent in extremism of whatever kind. We must demand that a large number of our youths be involved in the decision-making processes in Nigeria. We must insist that our wishes should be respected.

    Our youths must develop active interest in politics, not because of whatever monetary gains are there, but so that they can wrest power from the older generation that have plundered the resources of the nation and looted the nation into debt. Not only that, we must be careful not to be deceived by old men playing youths, 70-year old men who still parade themselves as youths should be ignored. We must realise that most of the people at the helm of affairs currently would probably not be around much longer, we are the ones who’ll remain, we are the ones who’ll be left to pick the ruins, we are the ones who’ll be expected to rebuild the broken walls; we might as well start now.

    Let us set our priorities straight. A new nation is possible. We should never give up on our dreams of a new Nigeria. Time is going. Our time is almost up. What will our generation be remembered for? What will we remembered for? Gullible generation? A generation that kills its own brothers and sisters? What footprints will we leave? The race has already began! The walk has started! Don’t be left out.

    God bless Nigeria!

    By Ogunjimi James Taiwo

    E-mail: hullerj@yahoo.com

    Twitter: @hullerj

  • Ogunjimi James Taiwo

    ATTENTION NANS: Olabisi Onabanjo University Has No Student Union Government President

    I wish to make it clear to the world that, contrary to what some non-progressive elements might have been insinuating, there is actually no SUG President in Olabisi Onabanjo University.

    On Thursday, the 19th day of April 2012, the SUG was dissolved in OOU and an electoral commission was constituted to conduct elections within 21 days, but due to the desperation of some union members to hold on to power with the connivance of the anti-students Dean of Students’ Affairs, elections haven’t been held and the outgone president of the 2010/2011 session is still galivanting about as the president of the 2011/2012 session even after completing his studies in the university.

    In the interest of peace and tranquility, it will be good if the leadership of NANS and other concerned bodies can rise up and quell this act of criminality being carried out by the self-acclaimed-but-student-rejected Student Union president, Joel Oyeyiola, a.k.a Obama.

    For anyone to go about parading himself as the Student Union president of OOU is criminal and should be treated as such. The person in question has not only graduated, but is also aware that his tenure had elapsed since April 19. Why then should this kind of flagrant disregard for the rule of law come up? Why should a man who has graduated still be declaring himself as not just a student, but as the President of the school?

    In light of these revelations, i wish to state that allowing Olabisi Onabanjo University to have any slot of nomination in the coming NANS JCC Convention in Ogun state will not only be criminal but will also be a direct insult on all OOU students who know fully well that they don’t have a president. I believe that stopping OOU from nominating any candidate will not only send a message to the self-acclaimed-but-student-rejected president that he cannot hold the entire student populace to ransom, but it will also send a message to those coming behind that ‘one person can never be bigger than all of us.’

    To the general public, let it be on record that I, OGUNJIMI JAMES TAIWO has made it public that Olabisi Onabanjo University currently in 2011/2012 session has no Student Union President, and any attempt to allow a non-student to continue flaunting himself as a president will amount to gross misconduct on the part of the NANS leadership. It will be in the interest of everyone if the NANS leadership can wade in urgently and stop this show of shame and steep decline of the student movement in OOU into an abyss of irrelevance.

    God bless OOU
    God bless NANS
    God bless Ogun State
    God bless Nigeria.

    Ogunjimi James Taiwo
    08134319591
    hullerj@yahoo.com

  • Ogunjimi James Taiwo

    WEEP NOT FOR ME; WEEP FOR YOUR CHILDREN

    Weep not for me o African,
    For thy tears in nought will flow.
    Weep rather for the future of your children,
    Whose tears may never cease to flow.

    Weep not for me O African,
    The travails thou doth witness are of thy making.
    For when thou ought to have spoken,
    The courage to resist the evil ones thou was lacking.

    Weep not for me O African,
    For thy situation doth defy tears.
    Sit not still while your continent is burning,
    Leave not thy land for them to tear.

    Weep not for me O African,
    Thy goods on daily basis is looted,
    Thy milk and honey everyday is disappearing,
    How long shalt thou to the wicked by subjected?

    Weep not for me O African,
    The ties that bind thee are not yet loosed.
    Thy leaders for all thy goods doth yearn,
    Yet thou remain mute.

    Weep not for me O African,
    The best of thy children you have lost.
    The best of thy talents have been taken,
    When will they come home to roost?

    Weep not for me O African,
    The time of self-pity has elapsed.
    The era of wallowing has ended,
    The walk to freedom has begun.

    Weep not for me O African,
    Let the fathers tell their sons.
    Let the mothers tell their daughters,
    Africa will rise again.

    Weep not for me O African,
    Weep rather for your children.
    For if this time pass and thou dost not act,
    Thy children forever will be lost.

    Weep not for me O African,
    Tell it on the hills, scream it to the mountains.
    Tell it to those who our goods are stealin,
    AFRICA WILL RISE AGAIN!!!

    Ogunjimi James Taiwo
    08134319591
    hullerj@yahoo.com

  • Ogunjimi James Taiwo

    NIGERIA, O NIGERIA!

    Before going to bed, i had to eat something. I opened the fridge and yes, all the things in my fridge had turned to block; the light had been on for 8 years without going off. I finished eating and went to bed. Oh I have to reduce the speed of this fan, the voltage is so high.

    I woke up very early in the morning to the sound of classical music. I casually strolled into the bathroom. Oh! the cold is too much this morning, i turned on the hot-water tap. While towelling myself dry, i turned on the radio and heard the presenter speaking of how Nigeria is now one of the most developed countries in the world and how the Nigerian president yesterday declared his asset and all he had to boast of was N20 million naira and a duplex in his village.

    I finished dressing up and took my time to eat. I had no reason to rush, afterall the road is always free and there are no potholes.

    On the way, i saw a few policemen patrolling and I greeted them. I stopped to chat with them for a few minutes after which i drove off laughing.

    In my workplace, i saw some people loitering in the waiting room and discovered they were here to be interviewed. I saw the son of the permanent secretary. I also saw a young man with tattered shoes and patched-up trouser; he graduated recently from one of the government universities, but everyone could testify to the fact that he’s brilliant.

    While going home that day, i saw the man with the tattered shoes smiling and i asked him why. “Sir, i’ve been given the job.” “What! What of the Permanent secretary’s son, didn’t his father call beforehand?” “No” the man said, “He didn’t”

    That evening, i went out to play in the neighborhood, i saw Adamu and Obinna discussing the recent trend in the country, of how Mallam Danjuma is now the governor of Rivers state, Senator Abifarin Oluwafemi is now the governor in Borno state, Mr Chijioke Godffrey is now the governor of Oyo state.

    I decided that since i had a lot of time on my hands, i should make a quick stop in the hospital to make a few checkups. I went to the Cancer treatment Hospital, after making sure i was cancer-free, i visited the HIV/AIDS Checkup Centre and I was well attended to with world-class equipments, i even saw the mother of the vice-president there.

    From there, i saw Hope of Salvation Church and Egbe Alasalatu Islamic house holding a joint prayer for continuous peace in the community. I saw the pastor and Imam consulting on the prayer points. I stayed for a few minutes and then left.

    The next morning, i tried to make some calls, but i couldn’t find my phone. I took my wife’s phone and saw tons of messages sent from my phone asking me to call back, that my phone was found on the road. I hurriedly called my phone back and got a man on the line. He told me he had been calling my wife’s number since yesterday night but that she wasn’t picking her calls. I apologized and told him that she put her phone in silent to avoid disturbances while sleeping. I went to reclaim my phone, i thanked the man and offered him a few naira, but he rejected it saying, i shouldn’t worry.

    Since it was election time, i went to the polling booth nearest to me to carry out my constitutional duties. I saw only people of voting age there, everywhere was peaceful and the security agents there were merely putting up appearances as they were just chatting with the voters. I voted for the candidate of my choice and left. The next morning, i heard that the election results were out and that the runners-up and winner were having lunch together. I turned on my T.V set and saw for myself, in fact, they weren’t just eating, a healthy conversation was going on. The winner of the presidential election asked the runners-up to advice him as to how to effectively run the country and they all sat together to discuss on how to sustain the massive success the country has been witnessing.

    The next day, the foreign media said that the American president has laid some rules down for Nigeria to follow, failure to do that will amount to severing of diplomatic ties. The Nigerian president replied 30 minutes after, he told the American president to go to hell and that he won’t allow his country to be ruled by foreign and anti-masses policies.

    I remembered that i hadn’t completed my weekly hours of work mandatory for all Nigerians, i got there and saw the president dusting his trouser, he had just finished cutting the grass where he was assigned to work. I greeted him and he told me that he’s expecting month end, that his monthly allowance had nearly finished, since he was also collecting the minimum wage being paid to the workers.

    “Huum…” I woke up with a jolt slapping my ears, these mosquitoes again. So I have been dreaming. I was sweating profusely, there’s no light. I stood up to take my bath, no water. I turned on my transistor radio, i heard them saying Boko haram has started again, and that robbers have killed 13 people. Oh God!

    By Ogunjimi James Taiwo

  • please ureport, treat wt urgent attention.
    CURRENCY SMUGGLING AT MMIA LAGOS. nigeria is finnished. I want u to investigate and see HOW people smuggle hard currency out of nigeria through middle east airlines under the Watchful eye of security agencies at the airport. no officer dare stop them. this happens almost on every middle east airlines flight. sacks and boxes loaded with hard currences. custom, police, faan security. All involved in allowing this to happen. the moment you try to stop them, a call will come from abuja wt warning to allow them go or Be sack from ya job. so if it a bomb that is HOW it will Be handled.
    .

  • Alhaji Mohammed

    I have been listening to the BBC hausa broadcast as it is the
    first authentic source of news with credibility and not under
    any influence from governments. In one of its programmes yesterday there was some kind survey/discussion with some of its listeners in Ghana. The subject was about whether the kind of revolutionary change in Arab country is the best option for west African countries. Most respondents think yes, its long overdue, especially with leaders or political parties with seat tie policy.
    Recently there was some news and I watch in AIT’s Matter Arising discussing the issue of Nigeria’s President and his Vice giving themselves one billion Naira each as food allowance, equivalent to 3million Naira per day. This is the first time this kind of obsence amount was ever voted for. May His Sole Rest In Perfect Peace, If the late Chief Gani Fawahinmi was alive he would have challenge such a massive misappropriation of public funds. However we still have lawyers like Femi Falana who Nigerians are looking forward to challenge this corrupt practices in Court. If Boko Haram are killing 10 Nigerians per day how many Nigerian are the President and his vice are killing by taking away the money that would have feed up to 50000 Nigerians, this senseless venture must be challenge. What is the purpose of salaries? Salary is meant for upkeep and feeding. What will stop Local Government Chairs,Councillors
    Members of States and national assemblies from copying the Presidents corrupt practice. At a time when so call subsidy is being withdrawn, everything is going up. Yes it is time
    we Nigerians should start thinking seriously about revolution just like the Arabs.

  • Alhaji Mohammed

    I have been listening to the BBC hausa broadcast as it is the
    first authentic source of news with credibility and not under
    any influence from governments. In one of its programmes yesterday there was some kind survey/discussion with some of its listeners in Ghana. The subject was about whether the kind of revolutionary change in Arab country is the best option for west African countries. Most respondents think yes, its long overdue, especially with leaders or political parties with seat tie policy.
    Recently there was some news and I watch in AIT’s Matter Arising discussing the issue of Nigeria’s President and his Vice giving themselves one billion Naira each as food allowance, equivalent to 3million Naira per day. This is the first time this kind of obsence amount was everee
    eeee

  • elharun muhammad

    IS UNFORTUNATE THAT PETROLEUM IS REFINED AT SUCH COST THAT WOULD ALLOW AFFORDABLE PURCHASE AT NO SUBSIDY AT AT ALL.BUT A GHOST IS CREATED THAT GOVT CLAIMS TO CHASE CALLED SUBSIDY.MORE OVER,WE DONT TALK OF WHAT IS GENERATED BY CUSTOMS,VAT AND OTHER FORMS OF INTERNALLY SOURCED MONEY.THAT IS WHY PUBLIC OFFICE HOLDERS IN NIGERIA CAN RECKLESSLS AFFORD MANSIONS IN VARIOUS EUROPEAN CAPITALS,GUEST HOUSES IN EVERY STATE IN NIGERIA,SENDING THEIR CHILDREN TO SCANDALISE ABROAD IN THE NAME OF EDUCATION,OWN PRIVATE JETS AND SUCH OTHER PERSONALISATION OF NATIONAL RESOURCES,PAUPERISATION THE CITIZENS ,DENYING THEM EVEN CLEAN WATER TO DRINK

  • Fuel Subsidy; Facts and Figures, and the Way out of the Debacle
    1. Fuel Subsidy
    The Fuel Subsidy issue rears its head into our polity as a canker-worm poised to destabilize the country if not handled with care, utmost patriotism and wisdom.

    Nigeria may have been loosely constituted in origin and content but we owe it as duty to ourselves, probity and future generation to diminish our differences and enhance and harness our collective strength to forge a greater nation like the America have done. To achieve this unity of purpose, mutual trust for one another individually, ethnically and between government and the governed is a sine qua non. To do this we need a government that listens to the yearnings of the people and have the aspiration of the people at heart. This builds mutual trust. This mutual trust is a veritable catalyst that endears the public to government policies and make them acceptable to the people. I must say without equivocation that the crust of this Fuel Subsidy debacle is Mistrust of government by the people. People feel government is not being Truthful to them in many fronts. Truth they say heals all wounds.

    As an individual who has spent most of his life actively in the oil industry as a worker both internationally and nationally, and now as a consultant, my civic responsibility and morality compelled me to enlighten the Nigerian public on this issue with a view to having a better understanding of the topic, know the benefits and may to provide a better understanding for government position.

    The Fuel Subsidy
    Since petroleum and its products are international the analysis will be carried out on the following conversions so that other scholars can verify.
    1 barrel of Liquid petroleum and its products = 168 liters
    Conversion rate of Naira to the dollar = N160/$
    Government Sources put cost of imported PMS to this country as follows;
    Landing Cost of PMS = N138/liter = $0.863/liter = $3.45/gal
    Sales Price = N65/liter
    Subsidy = N73/liter

    An investigation of PMS prices on the globe as at today reveals these present cost of PMS
    1. Uruguay = $5.75 = N230/liter – without subsidies
    2. USA that uses the same crude oil from Qua Iboe Crude Terminal in Nigeria in New York, USA, =$3.52/gallon = N140.8/liter – without subsidies
    3. Liberia =$4.05 =N162/liter – without subsidies
    4. Sierra Leone =$3.56 =N142.4/liter without subsidies
    5. In Saudi Arabia =$0.38 = N15.2 with heavy subsidies
    6. Venezuela it =$0.12 = N4.8 with heavy subsidies
    Other countries of the world fall within this range.

    Now what is the cost of production of a liter of petrol
    2. Products from Refining 1 barrel of Oil
    2.1 First of all refined products from a Nigerian barrel of crude oil include the following
    LPG = 4 gallons =16 liters
    PMS = 19.5 gallons = 78 liters
    Diesel = 10 gallons =40 liters
    Jet fuel/Kerosene = 4 gallons =16liters
    Fuel Oil = 2.5 gallons =10 liters
    Bottoms = 5 gallons = 20 liter
    Total = 45 gallons =180 liters
    Note that the Increase in volume from 42 to45 gallons is due the expansion of the thick crude to lighter components.

    2.2 Variables Cost involved in Refining this Petrol in USA
    Since the NNPC is yet to give us the production cost, we will use the USA refining cost of the Nigerian Qua Iboe Crude as basis in the first instance.
    Crude Oil 60 – 70% – 1 barrel = $107 = N17,120/168 = N101.9/liter
    Refining Cost and Profit = 6 – 10% = $10.7 = = N10.19/liter
    Refining Cost Total = N111.19/liter

    The range on the percentages above are as a result changes in compositions of different crude. However for this analysis I have chosen to take the upper limit.
    In addition, the refining process in the USA uses the same Fluid Catalytic Cracking(FCC) process as we have here in our refineries.

    2.3 DISTRIBUTION COSTS = N2.42/liter
    Getting it to Petrol Station by Nigeria Regulation

    2.3 MARKETING COSTS = N5.87
    Margin allowed for Oil marketing Fuel Retail Stations by Nigeria regulation.
    2.4 Total Cost of Producing liter of Petrol(2.1+2.2+2.3) = N119.48

    Note that the transportation cost per liter from USA is not incorporated as it is quite minimal. But I guess this and other incidentals are what government built into it to have its N138/liter

    Now what should be the true production cost of petrol in Nigeria?

    3. True Cost of Production in Nigeria
    However if this same production process were to be made 100% Nigerian the analysis reveals the following
    3.1 Crude Oil Production cost
    Exploration Cost $0.025,bbl = N0.026
    Development Cost $5.0/bbl = N4.76 = N3.43
    Operations Cost (OPEX) $3.0/bbl = N3.15
    Total of Producing oil $8.025/bbl = N7.64/liter

    This is the cost a barrel of Qua Iboe crude will take to gets to the refinery gate in Port Harcourt. It is mind bugling when one compares this to N101.9/liter in getting to USA that we used in our analysis in 2 above

    3.2 Production of PMS Liter in Nigeria
    With our refineries using our produced crude oil analysis goes as follows:
    Crude = N7.64
    Refining + Profit = N10.19*
    Distribution = N2.43
    Marketing = N5.87
    Sub Total = N26.13
    Tax(estimated at 20%) = N5.226
    Total = N31.356/liter
    *Please note that the Refining + Profit cost is higher than the crude cost which is unusual but this is understandable when we consider the fact that crude oil production cost is about the cheapest in the world in Nigeria. Furthermore, this cost has been imported here from the USA since we cannot get it from NNPC. This cost actually is bound to be high considering labour cost in USA that is more or less three(3) times that of Nigeria.

    By my honest judgment this is what makes economic sense. It is trite and an insult to our collective technical intelligence to continue compelling Nigerians to cost production of a liter of petrol starting with its imported land price from Europe as a bench mark.

    Consequent upon the foregoing, PMS in Nigeria at N65 liter has a net profit of 107.297% or N33.644. Therefore it is only a misconstrued or misdirected economic principle that can give validity to any subsidy in the present price of PMS at N65 in Nigeria.

    Secondly, the installed refining capacity of our refineries in Nigeria stands at 445,000 Barrels per day (BPD) operating at 91.5%. This is made up of:
    1. Old Port Harcourt Refinery – 60,000 BPD
    2. New Port Harcourt Refinery – 150,000 BPD
    3. Warri Refinery – 125,000 BPD (Upgraded from 100)
    4. Kaduna Refinery – 110,000 BPD (Two trains, 60+50)

    Unfortunately these refineries have been operating at 38.2% capacity which translates to about 170,000 barrels per day which will give us 13,259,220 liters of petrol per day, 6,800,000 liters of diesel and 2,720,000 liters of kerosene/jet fuel. However, the Minister of Petroleum Resources has just given an upward figure of 60%. Even at that, this cannot meet our internal national demand. So, the government sends the remaining of our non-export crude oil volume of 275000 barrels per day to be refined abroad and import the petroleum products back into the country.

    This involves payment for shipping and refining cost. 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 day to unknown sources) in a swap deal.

    Lastly we must remind ourselves that this 275,000 barrels is the people’s, the Niger Delta’s people divine and naturally given resource which by some reverse of fortune has been taken by government in the name of national interest. It is NOT government property per se. That is another kettle of tea BUT what is wrong in using it to alleviate the suffering of the people and improving their livelihood? In other nations of the world where ownership of this resource is entrusted with government such as Venezuela and Saudi Arabia, the result is reflected on their PMS pump price as indicated above.

    Nevertheless because of our selfish, corrupt and non patriotic peculiar nature as a people government agents bastardize the process of subsidy to their selfish gains. I must contend that under such circumstances no government worth its salt can fold its arms backwards and watch subsidy regime put in place for the benefits of the citizens being thwarted by some cabal at their dare expense. I agree in total with Mr. President that the subsidy should be removed so that sanity is brought to bear in our economic policy. The situation where the livelihood of some people in this country involves moving from one permanent secretary or minister to the other to collect a piece of paper and sold to make millions of dollars cannot be allowed. Government must make the people to be responsible and productive for the development of this country. The deregulation of the petroleum industry both upstream and downstream is an all purpose elixir.

    What we Must Do now
    1. Let our Refineries Work because.
    2. Fuel Subsidy today absorbs about N1.4 trillion or US$8 billion of the government budget. I agree with government that this money can easily channeled towards education, maternity health care, employment and agriculture, etc.

    3. Crude commodity exchange with other countries must stop. It puts money in the hands of foreigners. Ply this back into making our refineries work. The name of Ivory Coast on this list painfully reminds us the extent to which government all these years have employed oil resource in destroying our human development initiatives. It hurts and this must be reversed.

    4. We recognize that Nigeria does not have the production capacity such as Saudi Arabia to sustain subsidies because of our lower per capita oil revenue, hence the subsidy regime is necessary.

    5. Companies are reluctant to produce any goods sold at below local or global market prices as they will lose money. Removal will encourage investment.

    6. Lower prices encourage greater demand as the price signals fail to influence demand.

    7. Sharp smuggling practices are inherently encouraged especially to neighboring countries in view of our porous bothers. It is government responsibility to protect our bothers. It cannot pass this buck.

    8. Road must be fixed and transportation system such as rail way, commuter buses be provided so that In return, transportation costs will come down to a level that could be absorbed by the ordinary Nigerian, especially in a society where 90% of the people rely on mass transit to conduct their daily business.

    9. Crude Oil cannot be sold to Nigerian Refineries at $107 or international market price. It makes no economic sense and a verifiable and appropriate domestic price must be given to this. It is economic voodoo that says Toyota be sold in Nigeria the same price as in Japan or benz in Germany. Crude oil cannot be sold at the international stock price in Nigeria. Never!
    10 . We are agree the Effects of Subsidy Removal will result in Higher cost energy – petrol, Higher cost of Transportation, Higher Inflation, Higher political pressure, strike and other crisis storm(even Iran is still battling with their problem). BUT it will also usher in Realistic Economic Trading of Fuel and spending to more sustainable path. Furthermore, Private petrol Production will be encouraged .
    As the world moves away from resources waste to a more realistic approach to harnessing their resources for development, regimes of subsidy are crumbling. Even Ghana unwound some of its subsidies in recently.

    In conclusion, this bold step by President Jonathan must be applauded BUT he must do all to convince the people of his good intensions. He can do this by starting to inject new management into the NNPC. It pains one that the

    1. NNPC does not even have the data of crude oil production in a centralised manner as it is stored in the computer of staff

    2. No centralized location for storing electronic copies of historical production and allocation data. These information are stored on personnel (individual) workstations. To get information on Nigeria oil and gas industry, Nigerian scholars have to depend on Europe and USA. This is absurd. The DPR must wake up to its established responsibilities.

    3. Even NNPC’s subsidy claims and PPPRA’s verification are based on volume of petroleum products available for sale NOT Products that get to the Filing Stations. So we do not know what actually crosses our borders in smuggling but we continue to pay for reported proposed arrival quantity.

    4. NNPC is invoiced in US$ for domestic crude allocations but pays back in Naira value to the Federation Account even NOT at CBN Market Rates.

    The corruption and fraud actually starts in the NNPC and it is time President Jonathan injected new life in form of tested oil and gas industry experts of international and national experience into the leadership instead of recycling the NNPC staff who have brought us to this debacle in the first place.

    This requires courage, a sine qua non attribute of a good leader.

    I am convinced that the Lawan Farauk House of Representative committee on the subsidy issues will be able to verify all the assertions that I have made here to help it come up with long lasting solutions for our oil and gas industry.

    By Chief(Engr.) Ogbarode N. Ogbon
    Oil and Gas Managing Consultant
    Pidev Nigeria Limited
    Warri
    Phone: 05052000239
    Email; ogbanap@yahoo.com

    • Jaber Algatrouni

      Dear Eng. Ogbon,

      Interesting article . Nigeria is recognized as the largest refining center in Africa with high processing capacity. The Nigerian Gov claims its offering subsidies costing the Nigerian national economy several USD billions per year. The fact which should be understood is that ; the Nigerian refining sector facing hard times due to very low capacity utilization . The effect of this is the need to import fuels at international market prices U$ 125-155/bbl. This has direct impact/effect on local pricing of fuels. Without full capacity utilization , it is impractical to expect any change in fuel pricing parents of last months.
      The Gov claims seems unrealistic at all , since local refining sector is almost not performing above 35% of its capacity . The deficit in fuel imports balance will be shifted to the consumer in form of taxes . This has a major and direct impact on the local economy , employment rates and on the trade balance with many other countries. For these reasons the Nigerians should not accept this step before full revamping and upgrading of local refining sector .

      Jaber Algatrouni , Libya
      President ; Awinat Petroleum Refining Co.

  • the can of warms should be opened so we can all see the warms crawl out of it. Nigerian Government has over time been in their worse deceit ever. The past or serving governors that once had agreement with boko haram (10million monthly) should be investigated and brought to book.
    All hands should be on deck and President Jonathan tackle this boko haram issue before it gets out of hands because they can’t be greater than us all

  • All those igbo who joined hand in this protest are nothing bv fools and i pray that the boko haram of housa machinaries should locate their relations and bombed them. Instead of u to come out and protest peacefully aginst the killing of ur brothers, sisters, mothers and fathers. Rather u joined hands with NLC chairman whose brothers are killing ur own people to protest against a good decision taking by jonathan to stabilize the economy. Have u seen the reason the housas will not stop killing u because all u igbos who joined hand in the protest expecially the people that organised the washinton protest in USA. From 1945 till now . 66yrs of ethnic cleansing. Is it not a clear indication that the will continue until the igbos are totally wiped out of the face of the earth. Our children and children, children will never forgive us if we fail to secure their future today. Igbos i challenge u all to prove to the world that u are not cowards by coming out peacefully to protest and tell the world ur pains. Remember the housas will never for the rest of their life will never like u nor regard u as their brothers. Onye na amaro ebe mmiri bidoro mabaya agara ama ebe oga amadobe ya. A stitch in time saves nine. Atuoro omara, omara atuoro ofeke ofenye isi na ohia.

  • Igbos every where in the world are the most foolish people i have ever seen. What is wrong with us that every year we lost thousands of our brothers and sisters, yet, we will continue to beg them to stop. When they the housas stop not because they like us or that they have agreed that we all should live in peace bv because they have killed enough for this year and next year is for the new set of igbos that will come willingly to be killed.

  • if what i have just commend is true then please commend on that. thanks

  • i want u, the editorial team to write on poor education in nigeria since nigeria have only 4 universities. but these 4 universities are not among the international standard.
    please write, thanks for understanding.

    • This is not Nigerian problem , its the whole Africa disease . Poor education systems is the common face of Africa with minor exceptions in North and South of the contenent .

      Nigeria need high grade raining centers to teach middle class and poor segment of the population on how to benefiting from the new education in generating good jobs to improve lives. Meanwhile upgrading the universities in terms of educational materials , Laboratories , online libraries , research teams and well educated staff .

      The majority of Nigerians do not have chance to finish there education for some reason. What the country need is medium-range technical education institutions to teach locals on quality craftsman like electricity , carpentry, tourism, hospitality, farming, marketing, fishing, mechanical engineering, painting,…etc.The country need this middle education system more than the universities . After WW II Japan adopted this educational system for 30 years , the results is petty clear . This is what we want for Nigerian Nation .

      Jaber Algatrouni, Libya

  • Joyous

    YOU people are doing a fantastic job.Nigeria ought to be a discipline country:we are giant of Africa.
    Our legislators especially should play their part effectively,especially on the rampant embezzlement of funds amongst our leaders in Nigeria.
    Like a popular adage that says ‘A word is enough for the wise.Thank you.

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