The Federal Government will spend $1.6 billion equivalent (N250 billion) on the turn-around maintenance of the Port Harcourt, Warri and Kaduna refineries, Minister of Petroleum Resources Diezani Alison-Madueke has said.
The minister disclosed this in Abuja yesterday while being grilled by the Senate Committee on Petroleum Resources (Downstream) over the failure of the government to fix the refineries.
She said the beginning of the fourth quarter of 2014, the turn-around maintenance project would have been completed, and the three refineries would be producing 370, 000 barrels per day, which is about 90 percent of the 445,000 barrels needed daily.
She said the project would start with the Port Harcourt refinery which, she said, would gulp $146 million out of which $32million (75 percent) had already been paid for the materials needed.
On why petroleum is selling at varying prices across the nation, the minister merely said: "Since the price was changes in January, it has become difficult for the market forces to stabilise at the official price. There is a major issue of supply partly due to subsidy payments. We are battling hard to ensure sufficient supply."
But the committee said petroleum was selling at varying prices because that the minister was allocating the product to the independent marketers with preferential treatment.
The chairman of the committee, Senator Magnus Abe, said: "How can filling stations sell at N97 per litre when the PPMC, as we have discovered, collected money from marketers without supplying them the product on time. Honourable minister, have you ever gone to the depots to see what marketers go through. We were told that you are giving allocation to only those who have godfathers. Unless this anomaly is removed from the source, we can't force filling stations to sell at official prices.
The committee also asked the minister to "digitalize" the process of allocating the products to enhance transparency, saying the "current analogue process is creating hidden costs".
Earlier, the Managing Director of the Products and Pipelines Marketing Company, Haruna Momoh, noted that there 774 vandalised points between Aba and Enugu along, saying unless the activities of the vandalisation of pipelines is addressed, the nation would continue to have problems in the distribution of oil products.
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UNCOMMON STYLE OF NIGERIAN SENATORS’ CONDEMNABLE, CORRUPTION LADEN, SERIAL CONSTITUTION AMENDMENTS It becomes an indisputable fact that the true value of a society can only be seen and known through its beliefs, cultures and styles of living. After all an English adage says “show me your friend and I will tell you whom you are” Leadership style obviously distinguishes one character from the other irrespective of rhetorical promises made, political gamesmanship and escapades employed. Unfortunately the style of leadership employed would be found rubbing sharply on the society. The altruism of this will be found that in Nigeria since its current democratic experimentation, it has been galore of sordid, saddening and ugly revelations of ‘beat the other person’ to his or her style of stealing from the purse. This dishearteningly displayed societal evils pervade inclusive of Oil bunkering, No proper record at all of oil production or the never ending -no good results offering ‘Turn Around Maintenance’ again being planned to gulp another Naira 260 billion, the Oil subsidy Fraud, Issuance of Private Refinery Licences to 18 non oil producers, the highly disgraced plan of CBN to issue Naira 5000 note, the meaningless and no added value Change of Number plates, Driving licences and National Passports, the shame of the nation daily reported Bank robberies, Kidnapping, Boko Haram insurgency, Niger Delta militants rampage for easy money, to those of ugliness of unresolved political murders ad infinitum. Nigerian leaders of whatever callings and guise are cleaver guys, breeding unusual type of characters found disgracefully involved in endemic corruption escape artists, and shameless executive thieves, type not to be commonly found anywhere in the world. Added to this scenario of shame is to be found in the unusual style of David Mark led Senate amending the Nigerian Constitution willy – nilly, at least the fourth exercise the past five years with each exercise gulping about Naira 5 billion. This making Nigeria the most notorious nation on earth currently with the highest number of constitution amendments and rules changing per year, per a national assembly. It behooves to ask what commonsense will be found in the current exercise of constitution amendment taking into cognizance the generality of the peoples’ demand for a National Conference and which lofty and reasonable demands President Goodluck Jonathan gave a nod of approval to of very recent. It becomes a good explaining that should a national conference be held anytime very soon one of the expectations of such would be touching up or down of the constitutional relatives and which will no doubt put paid to the ongoing constitutional amendments. One would have thought therefore that someone somewhere among the nation’s leadership artful dodgers should have been nationalistic conscious and good sense considerate that the time, resources and money being spent wastefully now on another unnecessary constitution amendment could be better channeled into the much awaited for national conference- now considered by all an urgent necessity. Dr. Olapade Agoro (Aladura Patriarch) Owa’Tapa of Itapa –Ijesa land National Chairman/ former Presidential Candidate National Action Council (NAC)
UNCOMMON STYLE OF NIGERIAN SENATORS’ CONDEMNABLE, CORRUPTION LADEN, SERIAL CONSTITUTION AMENDMENTS It becomes an indisputable fact that the true value of a society can only be seen and known through its beliefs, cultures and styles of living. After all an English adage says “show me your friend and I will tell you whom you are” Leadership style obviously distinguishes one character from the other irrespective of rhetorical promises made, political gamesmanship and escapades employed. Unfortunately the style of leadership employed would be found rubbing sharply on the society. The altruism of this will be found that in Nigeria since its current democratic experimentation, it has been galore of sordid, saddening and ugly revelations of ‘beat the other person’ to his or her style of stealing from the purse. This dishearteningly displayed societal evils pervade inclusive of Oil bunkering, No proper record at all of oil production or the never ending -no good results offering ‘Turn Around Maintenance’ again being planned to gulp another Naira 260 billion, the Oil subsidy Fraud, Issuance of Private Refinery Licences to 18 non oil producers, the highly disgraced plan of CBN to issue Naira 5000 note, the meaningless and no added value Change of Number plates, Driving licences and National Passports, the shame of the nation daily reported Bank robberies, Kidnapping, Boko Haram insurgency, Niger Delta militants rampage for easy money, to those of ugliness of unresolved political murders ad infinitum. Nigerian leaders of whatever callings and guise are cleaver guys, breeding unusual type of characters found disgracefully involved in endemic corruption escape artists, and shameless executive thieves, type not to be commonly found anywhere in the world. Added to this scenario of shame is to be found in the unusual style of David Mark led Senate amending the Nigerian Constitution willy – nilly, at least the fourth exercise the past five years with each exercise gulping about Naira 5 billion. This making Nigeria the most notorious nation on earth currently with the highest number of constitution amendments and rules changing per year, per a national assembly. It behooves to ask what commonsense will be found in the current exercise of constitution amendment taking into cognizance the generality of the peoples’ demand for a National Conference and which lofty and reasonable demands President Goodluck Jonathan gave a nod of approval to of very recent. It becomes a good explaining that should a national conference be held anytime very soon one of the expectations of such would be touching up or down of the constitutional relatives and which will no doubt put paid to the ongoing constitutional amendments. One would have thought therefore that someone somewhere among the nation’s leadership artful dodgers should have been nationalistic conscious and good sense considerate that the time, resources and money being spent wastefully now on another unnecessary constitution amendment could be better channeled into the much awaited for national conference- now considered by all an urgent necessity. Dr. Olapade Agoro (Aladura Patriarch) Owa’Tapa of Itapa –Ijesa land National Chairman/ former Presidential Candidate National Action Council (NAC) UNCOMMON STYLE OF NIGERIAN SENATORS’ CONDEMNABLE, CORRUPTION LADEN, SERIAL CONSTITUTION AMENDMENTS It becomes an indisputable fact that the true value of a society can only be seen and known through its beliefs, cultures and styles of living. After all an English adage says “show me your friend and I will tell you whom you are” Leadership style obviously distinguishes one character from the other irrespective of rhetorical promises made, political gamesmanship and escapades employed. Unfortunately the style of leadership employed would be found rubbing sharply on the society. The altruism of this will be found that in Nigeria since its current democratic experimentation, it has been galore of sordid, saddening and ugly revelations of ‘beat the other person’ to his or her style of stealing from the purse. This dishearteningly displayed societal evils pervade inclusive of Oil bunkering, No proper record at all of oil production or the never ending -no good results offering ‘Turn Around Maintenance’ again being planned to gulp another Naira 260 billion, the Oil subsidy Fraud, Issuance of Private Refinery Licences to 18 non oil producers, the highly disgraced plan of CBN to issue Naira 5000 note, the meaningless and no added value Change of Number plates, Driving licences and National Passports, the shame of the nation daily reported Bank robberies, Kidnapping, Boko Haram insurgency, Niger Delta militants rampage for easy money, to those of ugliness of unresolved political murders ad infinitum. Nigerian leaders of whatever callings and guise are cleaver guys, breeding unusual type of characters found disgracefully involved in endemic corruption escape artists, and shameless executive thieves, type not to be commonly found anywhere in the world. Added to this scenario of shame is to be found in the unusual style of David Mark led Senate amending the Nigerian Constitution willy – nilly, at least the fourth exercise the past five years with each exercise gulping about Naira 5 billion. This making Nigeria the most notorious nation on earth currently with the highest number of constitution amendments and rules changing per year, per a national assembly. It behooves to ask what commonsense will be found in the current exercise of constitution amendment taking into cognizance the generality of the peoples’ demand for a National Conference and which lofty and reasonable demands President Goodluck Jonathan gave a nod of approval to of very recent. It becomes a good explaining that should a national conference be held anytime very soon one of the expectations of such would be touching up or down of the constitutional relatives and which will no doubt put paid to the ongoing constitutional amendments. One would have thought therefore that someone somewhere among the nation’s leadership artful dodgers should have been nationalistic conscious and good sense considerate that the time, resources and money being spent wastefully now on another unnecessary constitution amendment could be better channeled into the much awaited for national conference- now considered by all an urgent necessity. Dr. Olapade Agoro (Aladura Patriarch) Owa’Tapa of Itapa –Ijesa land National Chairman/ former Presidential Candidate National Action Council (NAC)
UNCOMMON STYLE OF NIGERIAN SENATORS’ CONDEMNABLE, CORRUPTION LADEN, SERIAL CONSTITUTION AMENDMENTS It becomes an indisputable fact that the true value of a society can only be seen and known through its beliefs, cultures and styles of living. After all an English adage says “show me your friend and I will tell you whom you are” Leadership style obviously distinguishes one character from the other irrespective of rhetorical promises made, political gamesmanship and escapades employed. Unfortunately the style of leadership employed would be found rubbing sharply on the society. The altruism of this will be found that in Nigeria since its current democratic experimentation, it has been galore of sordid, saddening and ugly revelations of ‘beat the other person’ to his or her style of stealing from the purse. This dishearteningly displayed societal evils pervade inclusive of Oil bunkering, No proper record at all of oil production or the never ending -no good results offering ‘Turn Around Maintenance’ again being planned to gulp another Naira 260 billion, the Oil subsidy Fraud, Issuance of Private Refinery Licences to 18 non oil producers, the highly disgraced plan of CBN to issue Naira 5000 note, the meaningless and no added value Change of Number plates, Driving licences and National Passports, the shame of the nation daily reported Bank robberies, Kidnapping, Boko Haram insurgency, Niger Delta militants rampage for easy money, to those of ugliness of unresolved political murders ad infinitum. Nigerian leaders of whatever callings and guise are cleaver guys, breeding unusual type of characters found disgracefully involved in endemic corruption escape artists, and shameless executive thieves, type not to be commonly found anywhere in the world. Added to this scenario of shame is to be found in the unusual style of David Mark led Senate amending the Nigerian Constitution willy – nilly, at least the fourth exercise the past five years with each exercise gulping about Naira 5 billion. This making Nigeria the most notorious nation on earth currently with the highest number of constitution amendments and rules changing per year, per a national assembly. It behooves to ask what commonsense will be found in the current exercise of constitution amendment taking into cognizance the generality of the peoples’ demand for a National Conference and which lofty and reasonable demands President Goodluck Jonathan gave a nod of approval to of very recent. It becomes a good explaining that should a national conference be held anytime very soon one of the expectations of such would be touching up or down of the constitutional relatives and which will no doubt put paid to the ongoing constitutional amendments. One would have thought therefore that someone somewhere among the nation’s leadership artful dodgers should have been nationalistic conscious and good sense considerate that the time, resources and money being spent wastefully now on another unnecessary constitution amendment could be better channeled into the much awaited for national conference- now considered by all an urgent necessity. Dr. Olapade Agoro (Aladura Patriarch) Owa’Tapa of Itapa –Ijesa land National Chairman/ former Presidential Candidate National Action Council (NAC)
UNCOMMON STYLE OF NIGERIAN SENATORS’ CONDEMNABLE, CORRUPTION LADEN, SERIAL CONSTITUTION AMENDMENTS It becomes an indisputable fact that the true value of a society can only be seen and known through its beliefs, cultures and styles of living. After all an English adage says “show me your friend and I will tell you whom you are” Leadership style obviously distinguishes one character from the other irrespective of rhetorical promises made, political gamesmanship and escapades employed. Unfortunately the style of leadership employed would be found rubbing sharply on the society. The altruism of this will be found that in Nigeria since its current democratic experimentation, it has been galore of sordid, saddening and ugly revelations of ‘beat the other person’ to his or her style of stealing from the purse. This dishearteningly displayed societal evils pervade inclusive of Oil bunkering, No proper record at all of oil production or the never ending -no good results offering ‘Turn Around Maintenance’ again being planned to gulp another Naira 260 billion, the Oil subsidy Fraud, Issuance of Private Refinery Licences to 18 non oil producers, the highly disgraced plan of CBN to issue Naira 5000 note, the meaningless and no added value Change of Number plates, Driving licences and National Passports, the shame of the nation daily reported Bank robberies, Kidnapping, Boko Haram insurgency, Niger Delta militants rampage for easy money, to those of ugliness of unresolved political murders ad infinitum. Nigerian leaders of whatever callings and guise are cleaver guys, breeding unusual type of characters found disgracefully involved in endemic corruption escape artists, and shameless executive thieves, type not to be commonly found anywhere in the world. Added to this scenario of shame is to be found in the unusual style of David Mark led Senate amending the Nigerian Constitution willy – nilly, at least the fourth exercise the past five years with each exercise gulping about Naira 5 billion. This making Nigeria the most notorious nation on earth currently with the highest number of constitution amendments and rules changing per year, per a national assembly. It behooves to ask what commonsense will be found in the current exercise of constitution amendment taking into cognizance the generality of the peoples’ demand for a National Conference and which lofty and reasonable demands President Goodluck Jonathan gave a nod of approval to of very recent. It becomes a good explaining that should a national conference be held anytime very soon one of the expectations of such would be touching up or down of the constitutional relatives and which will no doubt put paid to the ongoing constitutional amendments. One would have thought therefore that someone somewhere among the nation’s leadership artful dodgers should have been nationalistic conscious and good sense considerate that the time, resources and money being spent wastefully now on another unnecessary constitution amendment could be better channeled into the much awaited for national conference- now considered by all an urgent necessity. Dr. Olapade Agoro (Aladura Patriarch) Owa’Tapa of Itapa –Ijesa land National Chairman/ former Presidential Candidate National Action Council (NAC) UNCOMMON STYLE OF NIGERIAN SENATORS’ CONDEMNABLE, CORRUPTION LADEN, SERIAL CONSTITUTION AMENDMENTS It becomes an indisputable fact that the true value of a society can only be seen and known through its beliefs, cultures and styles of living. After all an English adage says “show me your friend and I will tell you whom you are” Leadership style obviously distinguishes one character from the other irrespective of rhetorical promises made, political gamesmanship and escapades employed. Unfortunately the style of leadership employed would be found rubbing sharply on the society. The altruism of this will be found that in Nigeria since its current democratic experimentation, it has been galore of sordid, saddening and ugly revelations of ‘beat the other person’ to his or her style of stealing from the purse. This dishearteningly displayed societal evils pervade inclusive of Oil bunkering, No proper record at all of oil production or the never ending -no good results offering ‘Turn Around Maintenance’ again being planned to gulp another Naira 260 billion, the Oil subsidy Fraud, Issuance of Private Refinery Licences to 18 non oil producers, the highly disgraced plan of CBN to issue Naira 5000 note, the meaningless and no added value Change of Number plates, Driving licences and National Passports, the shame of the nation daily reported Bank robberies, Kidnapping, Boko Haram insurgency, Niger Delta militants rampage for easy money, to those of ugliness of unresolved political murders ad infinitum. Nigerian leaders of whatever callings and guise are cleaver guys, breeding unusual type of characters found disgracefully involved in endemic corruption escape artists, and shameless executive thieves, type not to be commonly found anywhere in the world. Added to this scenario of shame is to be found in the unusual style of David Mark led Senate amending the Nigerian Constitution willy – nilly, at least the fourth exercise the past five years with each exercise gulping about Naira 5 billion. This making Nigeria the most notorious nation on earth currently with the highest number of constitution amendments and rules changing per year, per a national assembly. It behooves to ask what commonsense will be found in the current exercise of constitution amendment taking into cognizance the generality of the peoples’ demand for a National Conference and which lofty and reasonable demands President Goodluck Jonathan gave a nod of approval to of very recent. It becomes a good explaining that should a national conference be held anytime very soon one of the expectations of such would be touching up or down of the constitutional relatives and which will no doubt put paid to the ongoing constitutional amendments. One would have thought therefore that someone somewhere among the nation’s leadership artful dodgers should have been nationalistic conscious and good sense considerate that the time, resources and money being spent wastefully now on another unnecessary constitution amendment could be better channeled into the much awaited for national conference- now considered by all an urgent necessity. Dr. Olapade Agoro (Aladura Patriarch) Owa’Tapa of Itapa –Ijesa land National Chairman/ former Presidential Candidate National Action Council (NAC)