A.M. Sambo

Administrator

[A.M. Sambo @amsambo98]

While the world is advancing through technology, innovation, and AI-driven governance, Bauchi State cannot continue to rely on the same old style of leadership.

We say NO to recycling leaders in their 70s. We say YES to capable, visionary, en

Bauchi's future is for the youth.

[A.M. Sambo @amsambo98]

Bauchi State deserve youthful leadership With many educated capable visionary young people ready to serve now is the time to empower new generation to lead Let us support competent leaders who can move state forward and say no to recycling leadership The future belong to youth

[A.M. Sambo @amsambo98]

@MaifureYa @GovMAA @officialABAT Team of losers zero votes and 2019 loser. Falle Daya ce DA yardan Allah

[A.M. Sambo @amsambo98]

@MaifureYa @GovMAA Based on his record as Governor of Bauchi from 2015 to 2019, many voters believe that My.A Abubakar did not meet their expectations in key areas of governance. Those who are dissatisfied with his performance may choose not to support his candidacy again

[Bauchi State Min of Investment @bauchi_MOCII]

GAMAWA MEETS ALGERIAN AGRICULTURAL MINISTER

The Honourable Commissioner Gamawa, representing the Governor of Bauchi State, along with the state delegation, paid a courtesy visit to Mr. Yusuf Sharafa, Minister of Agriculture, Rural Development and Fisheries of Algeria.

#IATF2025

[A.M. Sambo @amsambo98]

@Onsogbu Drastic measures should be taken to address these bad attitudes in our airline service.

[A.M. Sambo @amsambo98]

@aonanuga1956 Highly

[A.M. Sambo @amsambo98]

@julianaolayinka Good news my sister

[A.M. Sambo @amsambo98]

@HafsatMohBaba @elrufai Happy birthday to our leader

[A.M. Sambo @amsambo98]

@BettaVirtual @edu_betta @AdaAnambra2023 Happy Sunday I really miss your action

[A.M. Sambo @amsambo98]

@abbaaliyu_ @TheREANigeria @federal_power Congratulations

[A.M. Sambo @amsambo98]

@aonanuga1956 Campaign after election. Why now

[A.M. Sambo @amsambo98]

@IvankaNews_ Yes

[Aliyu U. Tilde @Dr_AliyuTilde]

Mr. President: Affordable Fuel is Possible at Zero Subsidy

Yesterday evening, I listened attentively to a panel of experts and stakeholders on the BBC program Ra’ayi Riga, anchored by Umaima Sani Abdulmumin. The program ended with a big doubt in my mind regarding a matter purported to be a provision of OPEC and crucial to the price of petrol in Nigeria.

Tyranny

I could not fathom how particularly the representatives of NNPC and IPMAN stressed that Nigerians will be at the mercy of two variables: the international market and the price of the US Dollar in Nigeria. They said OPEC agreement compels member countries to sell allocated domestic crude at international rate even if refined locally.

So we should expect higher fuel prices anytime the rate of the dollar appreciates in Nigeria and also when, for any reason, there is a rise in the cost of crude in the international market. It is the rule, according to them. Our fate, they claim, is sealed, regardless of our OPEC membership and Dangote refinery. Nigerians will no longer have a stable fuel price.

Trust me, in Nigeria, the equation will be simultaneous. At any given moment, a reason will be found to use either or both parameters to increase pump price. The target of government is to extract more revenue from citizens while the businessmen in Dangote, Major Marketers, NNPCL and IPMAN continue to feed their greed for endless profit with our blood.

The truth

The truth is that there is no provision like that in OPEC agreements. In fact, the very idea of domestic crude quota arose in realization that citizens of member countries may need to enjoy cheaper oil than the international market price. That is why those citizens have been enjoying cheaper fuel for the past five decades in different countries. Many still do. Why not Nigerians?

If you ask ChatGPT whether OPEC agreement compels member countries to sell crude for domestic consumption at international market price only, this is the answer you get:

“OPEC (Organization of the Petroleum Exporting Countries) does not directly compel member countries to sell crude oil for domestic consumption at international market prices. OPEC’s primary role is to coordinate and unify petroleum policies among member countries to stabilize oil markets and secure a steady supply of oil.

“However, OPEC’s production quotas, agreements on output levels, and policies can indirectly influence domestic oil pricing. In practice, many OPEC members choose to sell crude oil domestically at subsidized rates or prices lower than the international market. This decision is made at the discretion of individual member countries, often as part of national energy policies aimed at supporting domestic economies and industries. Nonetheless, these policies may vary from one member country to another depending on domestic priorities and economic strategies.

“There is no formal OPEC rule that requires domestic sales to match international prices, though it can be influenced by international agreements and market pressures.”

The Truth

The truth is that the President and Minister of Petroleum can sell our 445,000 barrels a day to Dangote at even N50,000/barrel after taking into consideration the cost of extraction and OPEC will not raise any eyebrow. Dangote can charge the cost of refining, add his profit and sell to NNPCL and IPMAN at, say, N300/litre. On their part the marketers will add their cost of transportation, storage, profit, etc., and sell it to Nigerians at N400/litre. And—boom—we all will be happy.

The Squeeze

Also, among those who would fight against Nigerians enjoying affordable fuel rates are the IMF, World Bank and the West generally. They want the government to squeeze us the more such that we can service our debts and collect more loans from the Shylock. The age long philosophy is: our poverty, their wealth; our pain, their joy.

[A.M. Sambo @amsambo98]

As another Nigerian @ 64 Independence demonstrated it makes no difference who we are, what caste or religion we belong to; what matters most is how much we give to the betterment of country. May Allah intercede in our countrymen's suffering & deliver solution to our difficulties

[A.M. Sambo @amsambo98]

@lireersado testimony of SMEs DLI 3.2 Operational Grant support of NG-CARES Program in Bauchi

[A.M. Sambo @amsambo98]

@lireersado NG-CARES Peer leaning and experience sharing Filed visit and interaction with beneficiaries of SMEs in Bauchi town

[A.M. Sambo @amsambo98]

@aonanuga1956 I am disappointed with this administration, all the promises made before voted for him no implementation. Nigerians are suffering because of his bad policy. May Allah help us Amin.

[A.M. Sambo @amsambo98]

@aonanuga1956 Super story