According to the Fuel consumption Statistics  published by the Nigeria Office of Statistics, the average daily consumption of PMS in Nigeria is between 41m and 52m litres per day. This was the statistics in 2016. It means that the total Annual consumption will be 365 x 41m, ie 14,965million litres, or simply put, 15Billion litres per year. The figure has now risen to 55m litres in 2018 .
At the current retail price of N145 per litre, it means the total annual expenditure of Nigeria on PMS is N2,169Bn or N2.1Tn. Is is therefore disturbing to read in the news that Nigeria spends N774m daily on fuel subsidy . Continue reading “PMS Deregulation: Buhari’s unfulfilled promise”
A Judicial commission of inquiry into the rot that is the moribund Ajaokuta steel company, openly televised like the famous Oputa Panel, will be a clear proof that President Muhammadu Buhari is determined and committed to fight the hydra-headed monster called corruption.
This is necessary in the light of the testimony of Ms Hadiza Natasha Akpoki to the House of Representatives, currently investigating the circumstances around the concession of the Ajaokuta Steel complex and the Itakpe Iron Ore plant. Continue reading “Judicial Commission of Inquiry into the Ajaokuta Steel Rot”
Vision: The ability to dream and come up with an idea that leap frogs the people being led, to give them a better life not later, but soonest. “Now Joseph had a dream, and when he told it to his brothers they hated him even more” — Gen 37:5.
I recommend you read “Challenges for the race of excellence” That was the vision of the ruler of Dubai. https://en.wikipedia.org/…/My_Vision:_Challenges_in_the_Rac…
My friend, Ogunsiku Olusegun rightly observed that “Judging by the congratulations over the CCT judgement that cuts across the North and South, he is in pole position to be the next President than any other candidate(s). Secondly, he is from the middle belt; another major factor counting for him. He is PDP in heart and APC in appearance (See how many PDP Governors have congratulated him). Except God says no, ASO Villa prepare for the next anointed President by Nigeria’s Politicians.” Continue reading “Abubakar Bukola Saraki: Your President in waiting”
Barrister Adebayo Shittu, Hon. Minister of Communications Technology, Federal Republic of Nigeria, speaks on his stewardship so far.
R.SF. Honourable Minister sir, I will like to thank you for this opportunity to discuss some burning issues on ICT in Nigeria with you.
HM. It is my pleasure. Continue reading “Stewardship of Barrister Adebayo Shittu in ICT”
And in the News …..
1. Saraki to appear before the Code of Conduct Tribunal today [Sep 21, 2015]
2. Senate finally amends Code of Conduct bill. takes over control of agency from the Presidency [Oct 27, 2016]
3. Saraki’s trial resumes at the Code of Conduct Tribunal [Nov 7, 2016] Continue reading “Saraki and the loose Noose”