But from the video it is clear that what NNPC fuel lacked in quality they made up for it in Quantity. So you can see that Dangote 1litre is not plenty but NNPC 1litre is more. So in all the various 1 liters will still finish the same time.
I disagree with this analysis
In my own opinion, we vote Kassia to get to the finale so as to keep Kellyrae focused in the game and then by the final week we Vote Kellyrae massively to clinch the grand prize for the Family. #Period#Bbnaijas9#bbnaijaseason9#Bbnaija
So do the banks mean to tell me that they cannot partner with the Telecom companies(MTN & Co) to get the NIN of every account holder used to send alert.
Instead of stressing Nigerian unnecessarily 🤔🤔
Whatever happened to Inter-Corporate Data sharing🤷🏾♂️🤷🏾♂️
#JustThinkingAloud
@MissPearls Tribunal period that has elapsed and is statute Barred already. He cannot proceed at the tribunal again as the 180days to conclude has elapsed. He waits for 2027 hopefully to recontest.
Yesterday, President Bola Ahmed Tinubu launched an eight-point plan to revive the economy and improve lives for all Nigerians.
1. Food Security
2. Ending Poverty
3. Eonomic Growth and Job Creation 4. Access To Capital
5. Improving Security
6. Improving The Playing Field on which people and particularly companies operate.
7. Rule of Law
8. Fighting Corruption.
FG insisting on current petrol price means subsidy is back – Marketers
The ex-depot price of petrol stood at N580 per litre in Lagos on Thursday and that after adding the cost of conveying it to filling stations and the marketers’ profit margin, it ought to sell for between N620 and N630 per litre.
the negative reactions that had been trailing its economic policies, including the astronomical surge in the cost of living occasioned by the removal of fuel subsidy and the floating of the naira, coupled with a possible backlash if the pump price of petrol rose further, the Tinubu administration decided to peg the price at the current rates and instead opted to accommodate some form of subsidy.
A source said, “Ordinarily, the government ought not to be involved in fixing the pump price of petrol in a deregulated economy just as it is with diesel and kerosene, but when we realised how the removal of subsidy on petrol has thrown the citizens into poverty and how fast the administration is losing credibility and goodwill, we had to put on our thinking caps.
“The security reports we are getting are not favourable at all. There is a high probability that there may soon be civil unrest and escalated tension as the citizens have been pushed to the wall. There are indications that the organised labour, civil society and the opposition are planning to plunge the country into a spontaneous crisis that may snowball into protests that if care is not taken may threaten the stability of the government.
“Don’t forget that the election that brought President Tinubu in is still being vigorously challenged by opposition parties, who are mounting massive pressure on the judiciary to overturn the result. Any protest at this time will not augur well for the administration as it will be difficult to contain and may be hijacked by the opposition, and if the presidential election petition tribunal orders a rerun or cancellation of the election for a fresh one to take place, you can imagine what will happen to the Tinubu presidency.
“Yes, the NNPCL and marketers gave feedback about what the ideal pump price of petrol should be, but we reasoned that any further increase will be catastrophic and ignite spontaneous protests nationwide. It will be suicidal for us to watch that happening.”
A source revealed that this informed the decision of the NNPCL to secure a $3bn crude repayment loan on Wednesday to support the naira and stabilise the foreign exchange market.
An official of a fuel marketing firm said:
“Our ex-depot price as of Monday was N575 and by Thursday, it had jumped to N580. Ideally, we should be selling above N600, say N620 per litre in Lagos, but the Federal Government is saying we can’t increase the pump price, so who pays the differential?
“The business is no longer profitable and that is why a lot of independent marketers are abandoning their filling stations and selling them to major marketers, which have the resources to absorb some of the unexpected volatility.
“Before subsidy removal, it used to cost a tanker about N5m to lift petrol from the depot, but now, the price has jumped to about N25m and the profit margin on that is just around N300,000. So, it is not an encouraging business at the moment.”