ROY MOORE IS THE ONE: VOTE ROY MOORE

ALABAMA VOTES ROY MOORE. ON TUESDAY DECEMBER 12TH, 2017 ALABAMANS WILL VOTE TO SEND A MAN WHO FEARS GOD TO Washington DC TO HELP PRESIDENT DONALD JOHN TRUMP CONTINUE TO MAKE AMERICA GREAT AGAIN. VOTE ROY MOORE FOR SENATE !

JERUSALEM IS ISRAEL'S ETERNAL CAPITAL - PDJT

JERUSALEM IS ISRAEL'S ETERNAL CAPITAL - PDJT
ICHEOKU says a wisdom of Solomon come to judgment; it is about time the child is given to the rightful mother. Salute to the courage of President Donald John Trump.

ROY MOORE: THE PEOPLES CHOICE

ROY MOORE: THE PEOPLES CHOICE
ICHEOKU says VOTE ROY MOORE. VOTE ROY MOORE. VOTE ROY MOORE. VOTE ROY MOORE. VOTE ROY MOORE. VOTE ROY MOORE. VOTE ROY MOORE

PRINCE HARRY AND MEGHAN MARKLE ARE ENGAGED: HURRAY!

ICHEOKU says they look nice together and hopefully the crazy media and their paparazzi hordes will let them be and not force them into a life of misery or accidentally run them off the cliff. Lady Di's tragic experience is still painfully fresh till this day and no one, not ICHEOKU, wants to relive or experience such awfulness again, NEVER again. May God protect and bless the duo as they take their baby steps into the journey of of so many unknown absurdities called marriage. All the best Harry and Meghan.


North Korea: A STATE SPONSOR OF TERRORISM.

ICHEOKU says it is official, the reclusive North Korean leader Kim Jung Un has succeeded in invoking the wrath of the United States of America and now his country been put back into the list of States which sponsors terrorism. So alongside Iran, Sudan and Syria, North Korea will now pay a hefty price economically and as rightly articulated, this latest designation will further squeeze the country and force it into a better behavior.


ALEX EKWUEME IS DEAD

ICHEOKU says former Nigerian Vice President during the second republic presidency of Alhaji Shehu Shagari, Dr Alexander Ifenayichukwu Ekwueme, is dead. He died of natural causes in a London hospital. He was 85 years old. May his soul now rest. Adieu Alex.


TESLA TRUCK ARRIVES: HURRAY!

ICHEOKU says while you were distracted and not paying attention, the man who has revolutionalized driving with his zero emission and zero gasoline, 100% electric Tesla cars, has added yet another vehicle to the Tesla family stable. An all electric truck that can go up to 500 miles on a single charge. ICHEOKU says congratulations to Elan Musk and group.

ALABAMANS: DONT LET WASHINGTON DICTATE TO YOU, VOTE ROY MOORE FOR SENATE.

WHO IS AFRAID OF A SENATOR MOORE?

ICHEOKU says after nearly forty years in public office and about eight elections he participated in during so many decades, nothing was heard, not even a whiff. So for this allegation to come out now is nothing short of a hatchet job, orchestrated by the NEVER MOORE crowd and their Swamp establishment sponsors who do not want a straight shooting purist in the United States of American Senate. But drain the swamp is a task that must be done and Judge Roy Moore will help see the effort through. Vote Moore for the Senate. He will represent Alabama creditably well in the Washington DC. Show them pepper Judge and please DO NOT backdown or cave in to the latest attempt to blackmail you out of running. Trump did not backdown and so should you. Salute


AMERICA STRONG!

"Together with our allies, America's warriors are prepared to defend our nation using the full range of our unmatched capabilities. No one — no dictator, no regime and no nation — should underestimate, ever, American resolve."


HACKS BY DONNA BRAZILE: A BOOK OF WHAT ACTUALLY HAPPENED.

ICHEOKU says the long knives are coming out and only a person with an AK47 will have an edge in the current political saga convoluting the Democratic Party, since their loss of the last presidential election. Ordinarily, this book of Hacks would have been a good window into the occultism that has become the Democratic Party, but coming from a woman who herself is an insider HACK in chief and who stole debate questions from Fake News CNN and handed them over to Queen Crooked I Love Money Too Much Hillary Clinton, to enable her gain an undue advantage over the silver haired frail grandpa Bernie Sanders, makes it a highly lethargic, loathsome read. But hey, since it takes a dog to know one of its kind, Donna Brazile's latest book Hacks might be what Americans need to read in order to understand What really Happened; despite a book of similar title by the crooked woman, Queen Crooked Hilary Clinton, which rehashed her own peculiar facts, lies and fantasies. ICHEOKU will definitely read Hacks, but will not pay a dime for it; hope you too.

THE INGRAHAM ANGLE: ICHEOKU WATCHED AGAIN.

THE INGRAHAM ANGLE: ICHEOKU WATCHED AGAIN

ICHEOKU says as promised, gave Laura Ingraham another chance at watching her new show The Ingraham Angle. Yes, it is with delight that ICHEOKU reports that Day 2 was much better and saw a lot of improvement from its debut. She is lit and her presentation was much livelier and grasping than yesterday's. ICHEOKU will be watching and observing and hopes that it will make ICHEOKU a firm believer. Kudos to Laura.

RUSSIAN COLLUSION: EVIDENCE FOUND!

RUSSIAN COLLUSION: EVIDENCE EMERGES!

ICHEOKU says Queen Crooked Hillary Clinton was caught pants down colluding with the Russians and she has been trying so hard to pull the wool over the eyes of American people over whodunnit. What a lying, contriving, manipulative woman who lies so easily that you wonder whether truth actually exists in her lexicon. Pitiful.

RUSSIAN DOSSIER: PAID FOR BY HILLARY CLINTON

RUSSIAN DOSSIER: PAID FOR BY CLINTON

ICHEOKU says finally the circle is about being completed and American people and the world at large will come to know who in fact did the collusion. Queen Crooked Hillary Clinton and the Democratic National Congress paid Fusion GPS to produce the fake Russian dossier which former CIA chief James Clapper said was the basis for the Trump investigation. Yet, the investigation is still ongoing, despite the now established fact that the basis of it was a manufactured phony. But hey, we shall see.


ICHEOKU says still wondering WHAT HAPPENED and the reason 33,000 emails were deleted and bleach washed? Hopefully American people will soon confirm their suspicion that those shouting themselves hoax with Russian Collusion might indeed be the ones who actually colluded with the Russians. So much for the Russian Reset button. Queen Crooked Hillary Clinton, simply too crooked.


DAPHINE CARUANA GALIZIA MURDER: UNACCEPTABLE.

DAPHINE CARUANA GALIZIA MURDER: UNACCEPTABLE

ICHEOKU says the European Union must not allow this barbarism to go unsolved or unanswered. A journalist blogger blown up in a car bomb because of her writings and in an European Union member country is simply unacceptable. As a result the authorities in Brussels must demand a thorough investigation or better still lead the effort to unravel the monsters behind her assassination and bring justice to them. Daphine Caruana Galizia's murder must be solved and cannot be allowed to become another statistic of journalists killed to suppress freedom of speech. May her soul remain restless and haunt her killers until they are served justice. Adieu Daph.


GLAD TO BE CARRIED TO FULL TERM.

GRATEFUL TO BE CARRIED FULL TERM

ICHEOKU says another lucky one that survived the abortionist's pincers from the over 360,000 unlucky ones that get flushed out each year. May God help us all have a better resolution about unwanted pregnancies.


IPOB NNAMDI KANU: A BRITISH CITIZEN ABDUCTED BY THE NIGERIAN GOVERNMENT!

IPOB NNAMDI KANU: A BRITISH CITIZEN ABDUCTED BY THE NIGERIAN GOVERNMENT!
ICHEOKU says he is a British citizen leading the effort to free the people of Biafra from the clutches of the feudalistic Fulani controlled Northern Nigeria. Now, he is missing following the raid of his country home by the Fulani Army of Northern Nigeria. ICHEOKU says President Muhammadu Buhari led Nigerian government sponsored abductions and murders is on the increase and you wonder what it will take the international community to call him to order.

JUST SAY NO TO KNEELING: IT IS UN-AMERICAN.

JUST SAY NO TO KNEELING: IT IS UN-AMERICAN.
ICHEOKU says from being disrespectful to the flag to being unappreciative of the services of the military to overall being anti America; NFL players must learn to check their political activism outside the stadiums. They must not kneel on our dime. ICHEOKU supports the president 1000% on this and hereby calls on every player to respect the sensibilities of the many differently opined fans who paid to watch a game and not to be made mad by their personal political agenda.

IPOB: NOT A TERRORIST ORGANIZATION - USA


“The United States Government is strongly committed to Nigeria’s unity. Important political and economic issues affecting the Nigerian people, such as the allocation of resources, are worthwhile topics for respectful debate in a democracy. Within the context of unity, we encourage all Nigerians to support a de-escalation of tensions and peaceful resolution of grievances. The Indigenous People of Biafra is not a terrorist organization under US law.” - Russell Brooks, United States of America.

BIAFRA CANNOT BE WISHED AWAY BY THE FULANI/HAUSAS

09_19_Biafra_supporters


ROCKET MAN; ON A SUICIDE MISSION.



"The United States has great strength and patience, but if it is forced to defend itself or its allies, we will have no choice but to totally destroy North Korea. Rocket Man is on a suicide mission for himself and for his regime. The United States is ready, willing and able, but hopefully this will not be necessary. That’s what the United Nations is all about; that’s what the United Nations is for. Let’s see how they do." - PDJT


DONATE TODAY TO HELP REBUILD LIVES!

DONATE TODAY TO HELP REBUILD LIVES!

ICHEOKU says the Red Cross does one heck of a good job going to the assistance of the needy; so in these times of great need, occasioned by so many hurricanes, flooding and earthquake, show that you really care, donate to help the victims rebuild their wrecked lives. Remember that the Almighty rewards a cheerful giver.

HILLARY CLINTON LOST THE ELECTION - CHARLES SCHUMER

HILLARY CLINTON LOST THE ELECTION - CHARLES SCHUMER

"When you lose to somebody who has a 40 percent popularity, you don’t blame other things — Comey, Russia — you blame yourself. So what did we do wrong? People didn’t know what we stood for, just that we were against Trump. And still believe that." - Senator Charles Schumer, Senior Senator from the State of New York and Democratic Minority Leader in the Senate. ICHEOKU says the statement spoke volume and it spoke for itself. Finally it seems the Democrats have finally turned the corner and are now ready to face up to their abysmal performance in the last presidential election by acknowledging that the American people indeed choose Trump over their Hillary Clinton. Thankfully, they will also now rest their "Russians Did It" cockamamie and find a message they can present to the people and for the good of the country.. Time to move the process forward is now as American people did not buy into the crap of a Russian collusion which they tried unsuccessfully to sell to them.

North Korea PUT ON NOTICE

NORTH KOREA  PUT ON NOTICE: DON'T PUSH ME.
"North Korea best not make any more threats to the United States. They will be met with fire and fury like the world has never seen. As I said, they will be met with the fire and fury and, frankly, power." - President Donald John Trump. ICHEOKU says the Michelin Tire midget at Pyongyang is definitely courting trouble and messing with the wrong man. He probably thinks Barack Obama the redline president is still in office; but unbeknownst to him there is a new sheriff in town and his name is Donald John Trump and he does not mess around. Hopefully China can rein in the little man before he commits mass suicide with his North Korean people.

NORTH KOREA: TOTAL ANNIHILATION NOW ON THE TABLE.

NORTH KOREA: TOTAL ANNIHILATION NOW ON THE TABLE.

ICHEOKU says once again the diminutive midget of Pyongyang has been advised to heed the resolution of the United Nations firm stand against his continuing provocations; and that the total wiping out of his North Korea is now an option should he force the hands of the United States of American military. In a statement by the Defense Secretary Jim Maddog Mattis over its latest nuclear test, the secretary said “Our commitment among the allies are ironclad. Any threat to the United States or its territories, including Guam, or our allies will be met with a massive military response, a response both effective and overwhelming. We are not looking to the total annihilation of a country, namely North Korea, but as I said, we have many options to do so.” ICHEOKU says does not really know the joker that guy has, but whatever it is will likely very soon be forced out. The world including ICHEOKU is waiting and watching.

BIAFRA EXIT FROM NIGERIA: A CALL TO DUTY

BIAFRA EXIT FROM NIGERIA: A CALL TO DUTY
ICHEOKU says the time has come and the time is now for the Indigenous Peoples of Biafra to be allowed to choose their self governance and exit from Nigeria going forward.. A referendum on the future of Biafra is a legitimate demand of the people and it is their right to so do. The people of the Nation of Biafra want to go their own way because of the hostilities from other member nations of Nigeria. Let the United Nations order a referendum and let the people decide their own Biafraexit.

PDJT ISSUES A VERDICT ON ISLAMIST TERRORISTS


"There can be no coexistence with this violence. There can be no tolerating it, no accepting it, no excusing it, and no ignoring it. Every time a terrorist murders an innocent person and falsely invokes the name of God, it should be an insult to every person of faith. Terrorists do not worship God; they worship death. If we do not act against this organized terror, then we know what will happen and what will be the end result. Terrorism's devastation of life will continue to spread, peaceful societies will become engulfed by violence, and the futures of many generations will be sadly squandered. If we do not stand in uniform condemnation of this killing, then not only will we be judged by our people, not only will we be judged by history, but we will be judged by God." - President Donald John Trump.


BBOB: BRING BACK OUR BIAFRA

ICHEOKU says it is worth fighting for, self determination and it is not a crime for a people to aspire for self governance. Indigenous Peoples of Biafra are marching forward and hopefully they will soon get to the promised land. Viva Biafra.
#BringBackOurBiafra.





"When two raging fires meet together, they do consume the thing that feeds their fury. Though little fire grows great with little wind, yet extreme gusts do blow out fire." - William Shakespeare, The Taming of the Shrew


WHAT REALLY MATTERS IN LIFE - STEVE JOBS

“I reached the pinnacle of success in the business world. In others’ eyes, my life is an epitome of success. However, aside from work, I have little joy. Non-stop pursuing of wealth will only turn a person into a twisted being, just like me. God gave us the senses to let us feel the love in everyone’s heart, not the illusions brought about by wealth. Memories precipitated by love is the only true riches which will follow you, accompany you, giving you strength and light to go on. The most expensive bed in the world is the sick bed. You can employ someone to drive the car for you, make money for you but you cannot have someone to bear sickness for you. Material things lost can be found. But there is one thing that can never be found when it is lost – Life. Treasure Love for your family, love for your spouse, love for your friends. Treat yourself well. Cherish others.” - SJ

EVIL CANNOT BE TRULY DESTROYED.

"The threat of evil is ever present. We can contain it as long as we stay vigilant, but it can never truly be destroyed. - Lorraine Warren (Annabelle, the movie)


ONLY THE POOR WISH THEY HAD STUFF?

“I’m not that interested in material things. As long as I find a good bed that I can sleep in, that’s enough.” - Nicolas Berggruem, the homeless billionaire.

Wednesday, December 30, 2015

N85 POST SUBSIDY FUEL PRICE, UNREALISTIC HOGWASH.

Icheoku says Nigerians have never been told a bigger fat white lie or rather Fulani lie as the promised pegging of price of premium motor spirit aka fuel (gasoline) to 85 Naira, following the forthcoming fuel subsidy removal. Subsidy presupposes the  paying part of a price or taking the edge off something in order to make it much easily affordable by the intended beneficiaries. So if subsidy is removed and this formerly prepaid portion is reinstated, requiring payment in full of purchase price, how then can this new price still be lower than what obtained when subsidy existed? Icheoku says if fuel could not be purchased at N85 with fuel subsidy in place, what kind of mathematical magic is the government planning to bring to bear, to simultaneously remove the subsidy and still peg the price to N85? 

Icheoku does not know about you but this math does not add up; except of course, Nigerians are being asked to just believe and the miracle will just work itself out? Only in the dreamland of Gulliver's Travelers' Island of Lilliputians would this pan out and pan out as promised - simplistic fantasy. This feat, if achieved, will make Nigeria the cheapest place on planet earth to purchase gasoline; and not even in Saudi Arabia, the oil well of the world, would gasoline then be retailed so low. Venezuela, another country whose citizens enjoy heavily subsidized gasoline, will be jealous with envy. So can someone in the know, who has a clue on how the government plans to achieve this, please shine more light on this abracadabra proposition, to enable Nigerians have a clearer understanding of what they are expecting in the new year when the subsidy finally goes south. 

A cursory check of gasoline (fuel) prices around the world, using data from Bloomberg Business Report analysis 2013, shows Nigeria ranked 55 out of 63 countries of the world where gasoline prices were cheapest in a survey. It is interesting to note that then gasoline was retailing in Nigeria at $2.34 per gallon on the average. So at plus minus N200 to a dollar, and at four liters (3.78541) to a gallon, it showed that gasoline then retailed at N468 per gallon or N117 per liter. At the same period the study was conducted, the most expensive gasoline country in the world was Turkey at $9.89 per a gallon; Norway $9.63; Italy $8.87; France $8.38; Hong Kong $8.15; UK $8.06; Ireland $8.05; Germany 7.96; Israel $7.67; Japan $6.70; Brazil $5.40; South Africa $5.06; India $5.00; China $4.74; US 4.56; Russia $3.47;  Nigeria $2.34; Iran $2.15; UAE $1.77; Egypt $1.14; Saudi Arabia $0.45cents and Venezuela $0.06cents. 

This was with subsidy still in place and now suddenly the Nigerian government of President Muhammadu Buhari, who equally doubles as the country's petroleum minister, is flying a kite that with fuel subsidy removed, the price of gasoline will still be as low as N85 per liter? So query if it was N117 per a liter when subsidy was in place, how could it possibly be brought down to N85 per liter when subsidy is removed? Icheoku is trying to do the math but regrettably so far, it does not seem to add up. A matter made worse with the plummeting world oil price currently hovering below forty dollars; which President Muhammadu Buhari during his campaign stomp speeches promised to stabilize back to its glorious days of optimum high prices? But unfortunately it has also turned out to be another dummy among the many of his unfulfilled campaign promises which he sold to Nigerians. 

For the purposes of this oped, we will peg global oil price at $40 dollars per barrel (42 gallons of crude oil). Now an optimally functioning refinery, with modern catalytic converter/breaker, can abstract 12 gallons of diesel fuel and 19 gallons of gasoline (PMS) and other byproducts such as bitumen, kerosene, 4 gallons of aviation fuel etc from just one barrel of crude oil. So at N340 per gallon, plus or minus N280 for diesel fuel, etc how profitable would operating a refinery in Nigeria be? If the government plans to import the refined products, who will bear the extra cost incurred in order to sell at N340 per gallon (N85 per liter  multiply by four).  Running and operating a refinery is cost intensive including overhead cost (salaries, allowances and benefits of staff both local and expatriate), cost of crude oil,  cost of power or its generation, cost of transportation of both crude and refined products, logistics, turnkey and turnaround maintenance; and of course necessary addictive to refining out the derivatives. 

So assuming a barrel of crude oil is purchased at $40 and to get it refined and take the product to the pump, another $25 was added, thus bringing the total cost to $65. At N250 per dollar that will be N16,250, just to get one barrel of crude oil to the Nigerian customers at the pump. Now retailing at N340 per a gallon, that will be N6,460 from 19 gallons of refined out gasoline (PMS, fuel); at N320 for diesel fuel, that will be N3840 from 12 gallons of refined out diesel fuel; give and take N100 for aviation or jet fuel bringing in another N1,600 from 4 gallons of it; then add bitumen and lubricants or heavy oil plus minus N1,000. So based on this estimates, a total of N12,900 is realizable from one barrel of crude oil which was brought to Nigerian consumers at a cost of N16,250? Query, from where does the government plan to amortize the differential of N3,350? Who pays for the deficit and how does it get written off? This is what the subsidy supposedly cushions and now what?

Icheoku is not a board certified oil industry expert nor a statistician, but using commonly available data, it is very easy to arrive at an empirical deduction that the promised N85 per a liter of gasoline will not see the light of the day. It is neither  feasible nor attainable; and will, like virtually all his other campaign promises, most likely see its sunset before its sun ever rises. It is virtually a mathematical impossibility but for which Icheoku will gladly apologize and rejoice alongside many other Nigerians, in the event it pans out. But hey, Icheoku can't wait for the magic-wand of the lean and mean Cassius of Daura to make gasoline readily available and much easily affordable by many Nigerians. But given that he has severally disappointed on so many other promises, excitedly looking forward to this one coming to fruition would be a sure way of inviting a heart-attack in the new year. So until then, Icheoku says to Nigerians to gird your loins as the climbing will be arduous and tortuous; and this is but the beginning of that onerous journey. But Nigerians were warned except that they did not heed the warning, so Sai Buhari; Sai four more years in 2019.

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