Yele Matthew

#MANUTD Still #INTROVERTED,EXTROVERT

[City! @dolapocarter]

When David Hundeyin said there’s no such thing as “Nigerian Elites” they cussed him out.

Elites that cannot come together to curate a proper functional society is not an elite it’s just poverty with a shinier look

[oseni rufai @ruffydfire]

Why is petrol
Price still high ooo

A standard international barrel contains exactly 159 litres of liquid. [1, 2]
•Formula: \(\text{Crude Price per Barrel} \div 159\text{ Litres}\)
•Math: \(\$74 \div 159 = \mathbf{\$0.465\text{ per litre}}\) [1]

Step 2: Adding Refining Cost & Premiums
Raw crude must be refined into Premium Motor Spirit (PMS). Downstream models factor in a refining premium, operational margins, and port charges, typically adding around $10 to $12 per barrel (approx. $0.07 per litre). [1, 2]
•Formula: \(\text{Raw Crude Cost} + \text{Refining Margin}\)
•Math: \(\$0.465 + \$0.070 = \mathbf{\$0.535\text{ per litre}}\) (Wholesale Product Value)

Step 3: Foreign Exchange Conversion
Because petroleum is priced globally in US Dollars, the local cost is highly sensitive to the Naira exchange rate (currently averaging around ₦1,450/$). [1, 2]
•Formula: \(\text{Wholesale USD Price} \times \text{Exchange Rate}\)
•Math: \(\$0.535 \times ₦1,450 = \mathbf{₦776\text{ per litre}}\) (Ex-Refinery/Ex-Gantry Baseline)

Step 4: Downstream Distribution, Margins, and Taxes
To get the fuel from a facility like the Dangote Refinery to local filling stations, multiple local costs are layered on: [1, 2]
•NMDPRA Regulatory Levies: ₦5 – ₦10 per litre
•Transportation/Logistics (Nett): ₦30 – ₦50 per litre
•Marketer & Retailer Margins: ₦40 – ₦70 per litre
Even if you add 100 Naira and add trans port cost

It should be less than 1000

[👑S.A.L.A.K.O🕊 @UnkleAyo]

This is Sango Ota, Ogun State.

Now listen to this part carefully,

I grew up and had my secondary school education in Sango.

In 2003, I was in JSS1 and fell in this particular flood.

23 years after, the road has remained EXACTLY the same.

[oseni rufai @ruffydfire]

Weaponized ignorance

[Yele Matthew @baymatt]

That’s a lot

[Kate Amaka Henshaw @HenshawKate]

Please be careful out there....
Drive safe mbok
Ajose Adeogun.. VI...

[Pamilerin Adegoke @Pamilerin]

First day of Strait of Hormuz closure, petrol from N850 to N1400
2 weeks after it opened, petrol from N1400 to N1,260
🚶🚶

[gst @wearegst]

Everything is political.

[Yanju shine @YanjuShine]

45 days 😩😩
The term is almost over!

Their mates are still in school,
Not knowing what tomorrow holds!

Ministry of education has moved on
The government is not saying anything

This is beyond sad 💔💔💔

#bringbackourchildren

[Abdool Moh. @abdool_moh]

Bandits kidnapped a medical doctor. They tied him up, set up fire, grabbed his hand and put it inside the burning fire. Everyday, they burn a portion of his hand while he watched & screamed of severe pain. They kept burning the hand daily until they reached his shoulder. They then collected 15 million naira ransom and still killed him. These are the animals government wants to forgive & reward with free houses.

[gst @wearegst]

Reminder: A 20-year-old student was shot in broad daylight, bundled into a police van, and logged as an unclaimed casualty. 

This is the Nigeria we live in.

This is not normal.

https://t.co/dXYgq1pMUX

[iDAN 🦸🏽 @dangbanamanager]

The media is silent on the Femi Gbajabiamila case, and most Nigerians remain unaware. Radio nothing, TV nothing.

[Yele Matthew @baymatt]

🤞🏾🤞🏾🤞🏾

[Anime Posts @animeposts]

CAN’T WAIT

[Anime Posts @animeposts]

CAN’T WAIT

[Yele Matthew @baymatt]

!!!

[Tai Lopez @tailopez]

Sun Tzu was right, a good man without strength is hoping that evil has mercy.

[Tai Lopez @tailopez]

Sun Tzu was right, a good man without strength is hoping that evil has mercy.

[gst @wearegst]

It took the Senate less than 24 hours to approve President Tinubu's $6 billion loan request.

The 46 schoolchildren and teachers abducted in Oyo State have now spent 984 hours in Boko Haram captivity.

Let that sink in.

[𝑻𝑯𝑬 𝑮𝑬𝑵𝑬𝑹𝑨𝑳 𝑺𝑵𝑶𝑾 🇨🇮 @GeneralSnow_]

Guy they kidnapped Students who went to write NECO from their exam hall.

What is going on in Nigeria ????

Education is under attack!!!

[TCR. @TeamCRonaldo]

🎙️ Didier Drogba:

“Cristiano Ronaldo’s [SIUUU] celebration is not only seen in football, we even see it in graduations. It goes beyond football, it’s iconic.”

[Mr Imbuya @Imbuya_media]

The worst part is that flood water in Lagos is a lethal cocktail of refuse, urine, faeces.

God help you if you slip and fall face-first into them.