atlwireles:
Moronic ediots, how much was NNPC suppose to return? Generated N8.1T, gave Nigeria N4.3. The remain was the cost of doing business. But most of you ediots will expecting NNPC to return N8.1T to the treasury.

.

gbl01:
NNPC have no overhead, they don't pay salaries, they don't run on a budget. They gulljust generate and never spend part of it. They're on autopilot and no humans there. Maybe the humans are programmable robots, they don't spend. Wtf! Is wrong with the Nigerian youth.


Not exonerating them, they have lots of evil dealings Nonetheless...

atlwireles:


Really, please explain the process

mobaking:
saTANoids,come and defend ur lord and master JONA and his archangels DIezani and okonjo-iweala.

lilprinze:
APC has started with their cheap lies and propaganda again. They should show us proof or shut the f**k up.

ideology:

Lol, guy if you see their expenses you go kill someone. So don't go there.




Money disappears in that cooperation while others cannot be accounted for.

gbl01:
NNPC have no overhead, they don't pay salaries, they don't run on a budget. They gulljust generate and never spend part of it. They're on autopilot and no humans there. Maybe the humans are programmable robots, they don't spend. Wtf! Is wrong with the Nigerian youth.


Not exonerating them, they have lots of evil dealings Nonetheless...

Ochiske:
Jonathan
After reading all of this, some iidots will come here and say GEJ deserves an Award.

Baba now that you're there, send Jona and Dezani to the Dungeon! they deserve to live in caves

Lemme see any barcanista or puckpuckman come here and type pdp again

The cowward below me

TheGoodJoe:


I am not in position to list the whole process. The fact is that when crude is sold, money from the sales goes to the Nation account. That is why Emir Sanusi cried out.

gbl01:


I know bro. But the mindset here is more like they ought to return everything, which ought not so to be. Truth is the greater evil is at the top... More like the Minister, the evil in NNPC is enormous nonetheless, but only the gods of NNPC controls the evil.


Their budget for a year I was privy to exceeded the budget of Lagos state.

netizenbuzz:


Dude if you are going to defend anyone at least make it convicing. So now you want to tell me that nnpc's overhead cost is greater than that of the federal government of a country like ours? Haba fear God na.

airmark:



They are talking of the biggest government organization here, you thought NNPC operation should be like your one-man alaba international market shop, where you just dip hand into money anyhow?

netizenbuzz:


Even if they won't return everything, they can only keep for themselves the specified amount in their budget approved by nass.

IyaIode:
Barcanista will open thread for us tomorrow on this. watch out

2n2k:


The figures were actually provided by the NNPC itself.

However, the spin given to it by Oshiomole is political. Oil is extracted at a cost. Crude oil is God-given but getting it to the surface is serious economical and technological activities. Since NNPC is joint owners with the operators of the oil wells, it must share the cost with them in form of cash calls. Substantial part of what NNPC was said to have retained must have gone into that.

NNPC is corrupt but not on the level it is being portrayed here.

aieromon:
This is just the beginning....

3.8 trillion naira is approximately $24 billion dollars

Stay tuned for more breaking news about the people who looted Nigeria dry!

lilprinze:
APC has started with their cheap lies and propaganda again. They should show us proof or shut the f**k up.

atlwireles:


Then do yourself a favour, by researching how NNPC accounts are reconciled. Maybe, you will revisit and revise your previous comments.

gbl01:
NNPC have no overhead, they don't pay salaries, they don't run on a budget. They gulljust generate and never spend part of it. They're on autopilot and no humans there. Maybe the humans are programmable robots, they don't spend. Wtf! Is wrong with the Nigerian youth.


Not exonerating them, they have lots of evil dealings Nonetheless...