"We arrested some top leaders of the Lakurawa terr0rist group, & they shared with us a plot by the French government to set up a camp in a village called Gaba in Sokoto.
"The agreement was signed on March 4, 2024. The agreement was between ISWAP and the French government". General Tchiani
Source: Niger Television & shared by TRT TV, New Nigerian
Full Translation of the interview 👇👇👇
Dear Donald and Melania Trump,
Congratulations on history’s greatest comeback!
Your historic return to the White House offers a new beginning for America and a powerful recommitment to the great alliance between Israel and America.
This is a huge victory!
In true friendship,
yours,
Benjamin and Sara Netanyahu
@realDonaldTrump
Dear Donald and Melania Trump,
Congratulations on history’s greatest comeback!
Your historic return to the White House offers a new beginning for America and a powerful recommitment to the great alliance between Israel and America.
This is a huge victory!
In true friendship,
yours,
Benjamin and Sara Netanyahu
@realDonaldTrump
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.
I am pleased to announce that I will be speaking @OGSolarForum’s Global Off-Grid Solar Forum & Expo 2024 in Nairobi with a deep dive on “Rural Electrification: Innovations and tools for sustainable least-cost electrification solutions” and “Results-Based Financing Deep Dive: how do we enhance and scale up?”
#GOGSFE24
@bulamabukarti The Senators deserved even more of this amount in other to be able to do their jobs without engaging in bribery and corruption.
If you think it’s easy to become one, why not come back to Nigeria and run for the seat next election.
The monthly running cost of a single Nigerian senator (N21m) is equivalent to the gross salaries of:
1. Approximately 30 commissioners of police
2. Around 35 medical consultants
3. Over 40 university professors
Is it any wonder that nothing is functioning properly in Nigeria? Not our law enforcement, not our education, not our healthcare—nothing at all.