LRNZH:


2. NOI announced the audit by PwC to the general public in April and confirmed it will be complete by November. Why can't Nigerians ask for the report in December? Public office is a contract with the people.

Ngwakwe:


Asking for a report is totally deferent from politicising the unknown content of the report for political gains and moreover, if the report is ready there are other legal means of obtaining it.

LRNZH:

Have you heard of Occam's Razor?
Occam's Razor:
The principle states that among competing hypotheses, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove correct, but—in the absence of certainty—the fewer assumptions that are made, the better.
aka Keep It Simple Stupid (KISS)
Save us all these long stories that don't make sense.

LRNZH:


3. I showed you link proving that the PwC audit report has been submitted to the FG. Why is the FG denying possession of the said report?
[/b]

PREMIUM TIMES independently investigated the whereabouts of the report and its contents, several weeks before the statement released by the APC on Saturday.

At each turn, relevant government offices denied having the report despite confirmation by senior officials of the finance ministry to this newspaper that the report had since been submitted by PriceWaterHouseCoopers.

The sources said the document was submitted to the office of the Auditor-General of the Federation.

Our reporters contacted the offices of the Auditor-General and the Accountant- General repeatedly, pressing for the report, without success.

Ngwakwe:


This is just rumours

LRNZH:

Have you heard of Occam's Razor?
Occam's Razor:
The principle states that among competing hypotheses, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove correct, but—in the absence of certainty—the fewer assumptions that are made, the better.
aka Keep It Simple Stupid (KISS)
Save us all these long stories that don't make sense.

Ngwakwe:


Asking for a report is totally deferent from politicising the unknown content of the report for political gains and moreover, if the report is ready there are other legal means of obtaining it.

LRNZH:


Have you heard of Occam's Razor?

Occam's Razor:
The principle states that among competing hypotheses, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove correct, but—in the absence of certainty—the fewer assumptions that are made, the better.

aka Keep It Simple Stupid (KISS)

Save us all these long stories that don't make sense.

modhream:

Ngwakwe,stop digging please.Unless you're drilling for oil.
Whatever shred of respect and reputation you had left on this forum,you've torn to bits.This bloodbath is not cool to watch,abeg.
Nwanne onye na agba ajo egwu,oko iku anya ana ako e.Nke a akaria,biko

Ngwakwe:
It is the National Assembly that needs to release a comprehensive report on the said scandal and not the Executive.

Hon. Aminu Tambuwal, Sen. David Mark and NASS owe Nigerians that duty and we are still expecting their report as part of their oversight functions.

The Executive is not expected to present an unbiased report in a scandal involving an agency under it hence the call by Lai Mohammed shows the depth of his mental capacity and bias.

There are three branches of government in a democracy and they are responsible for checking the excesses of each other.

Quoting the words of Senator Bukola Saraki on the $20 billion scandal "Let's allow the Senate to finish their job to avoid what happened to Nuhu Ribadu's committee report from repeating itself" end of quote.

njokusboy:



And your own hypothesis has the fewest assumptions....
Atleast occams razor does not state that the hypothesis with the FEWEST ASSUMPTIONS is neccesarily correct... atleast you admit you have been assuming all along...

What a clown... nd some people thought you were making sense

modhream:

Ngwakwe,stop digging please.Unless you're drilling for oil.
Whatever shred of respect and reputation you had left on this forum,you've torn to bits.This bloodbath is not cool to watch,abeg.
Nwanne onye na agba ajo egwu,oko iku anya ana ako e.Nke a akaria,biko

LRNZH:


Listen to this common sense here:



My thread is very simple:

1. I show examples of amazing projects / companies worth less less than $10Billion.

2. Nigeria (NNPC) is missing between $10Billion and $20Billion. PwC has audited the relevant records(s) and the report is with the FG but FG is denying this.

3. FG told us the report will be ready by November, 2014 and we are almost in January, 2015.

4. We as Nigerians have a right to discuss this on Nairaland and request to see this report.

What are you now posting long unnecessary comments for?

Every other commenter has told you that you're bias and off point, and trying to derail the thread.

But you have no iota of shame to cede the points.

Ngwakwe:


Stop deceiving the public.

You have no concrete proof that a dime is missing yet.

The Finance Minister insisted before the Senate committee that the only money left to reconcile the accounts is $10.8 billion. “I just wanted to add that we found about $10.8 billion. He mentione $12billion,” Okonjo-Iweala said.

LRNZH:
.
11. Longtan Dam and Hydropower Station - Guangxi, China (Cost: $4.2 Billion US)
Longtan Dam is a large roller-compacted concrete (RCC) gravity dam on the Hongshui River in Tian'e County of the Guangxi Zhuang Autonomous Region, China, a tributary of the Xi River and the Pearl River. The dam is 216.2 m (709.3 ft) high and 849 m (2,785 ft) long; it is the tallest of its type in the world. The dam is intended for hydroelectric power production, flood control and navigation. The dam contains seven surface spillways, two bottom outlets and an underground power station. The installed electric power generation capacity of the dam is 6,426MW.

ibisko04:
The system here in Nigeria is not designed to work like that of the developed world . I always said it that their is a conspiracy against the nation of Nigeria by the world powerful nations to make Nigeria a market that will forever remains at their mercy.
This is why you can't find any tangible landmark development since 1999 to date. If you people are making noise about 20b dollars, how much more about when we were having 60b dollars in our foreign reserve account.

LRNZH:


But Bro.

Before we blame foreigners shouldn't we act properly first?

Before you blame someone for pouring sand in your garri won't you move your garri bag to somewhere secure first?

ibisko04:

Thank you for your comments. The leader that will make the bold move is the one we should look for. Nigerians must make the best of 2015 transition period. We want leader who can take the nation to a realistic levels of using our resources for our development.

Ngwakwe:

Guidette:
Damn. This really jolts one back to reality. FP please.

LRNZH:


Look at No. 10 for example.

$4.2 Billion was used to generate over 6,000 MW of electricity in China, meanwhile Nigeria is struggling to generate 3,000 MW

fabrigas18:
kindly consider there population okk..

fabrigas18:
kindly consider there population okk..

LRNZH:


All are less than $10Billion.

mrfrosh:


Each one is less than $10Billion, English is hard for you ooo,If you say all are less than $10Billion,it means $10Billion can do all the things listed above...Go back to school

mrfrosh:


There's poverty in all states in Nigeria,Stop sounding like a bigot,besides you read they were displaced from their home...some people's level of reasoning sha...

LRNZH:


Please educate me on your statement.
I need to learn something new today.

Thanks in advance.

fabrigas18:
ok let's start dis way, which mobile networ do u use? Wen last did u recharge? If u avnt do now so u can receive ur free MB 2 google the population of China compared to Nigeria and how it tells on the power supply..