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Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 (12992 Views)

Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 / Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 / Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 (2) (3) (4)

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Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by Kingspin(m): 4:06am On Feb 21, 2017
ABUJA-THE Senate was Monday told that Nigeria has since June 2015, been exporting its oil and non-oil products without documentation.

This was just as it heard that the development has made the country lost over N23.6 billion expected to be repatriated proceeds of the export within the period. Also, on its own, the Senate alleged discovery of over $850 billion supposedly earned by the country between 1996 and 2014 from its crude oil export proceeds which it alleged was yet to be repatriated to the country by the Joint Venture Oil Companies, a development it noted, was in total contravention of Nigeria’s Pre-shipment Inspection of Export Act and Article 26 of Export Policy Guidelines and procedures for crude oil, Gas and non-oil goods.

The various revelations were made, Monday, during an investigative public hearing organized by a Joint Committee of the Senate Committees on Finance, Trade and Investment, Gas, Petroleum Upstream, Banking, Insurance and Other Financial Institutions, Judiciary, Human Rights and Legal Matters, and Customs, Excise and Tariff on the “Need to Investigate Pre Shipment Inspection of Export Activities in Nigeria.

http://www.vanguardngr.com/2017/02/nigeria-no-record-oil-non-oil-export-activities-since-june-2015/

1 Like

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by sarrki(m): 4:11am On Feb 21, 2017
I don't think the report is right

3 Likes 2 Shares

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by Blue3k(m): 4:14am On Feb 21, 2017
This sound a little too wild. I'll need some confirmation stories.

6 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by jumobi1(m): 4:22am On Feb 21, 2017
They should summon the Petroleum minister from Jand

59 Likes 4 Shares

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by SamuelAnyawu(m): 5:15am On Feb 21, 2017
sarrki:
I don't think the report is right

It would have been right if it was GEJ right?

148 Likes 12 Shares

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by sarrki(m): 5:17am On Feb 21, 2017
JideAmuGiaka:


Mr man stop been stupid. Why don't you come up with facts to debunk the information.

I think its time to educate you

Always listen when elders are talking

Learn glow to talk a little in the midst of wise men

When you are here always remember we are guided by rules most especially rule two(2) don't insult

When you don't have facts or know about issues been talked about ask questions

If you do all this it will help

Kidnextdoor, buhariis blessed, cplusJason, samuelanyawu, Godprotect, and many more are matured seniors in the wailers camp you can listen to

6 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by Legitbaba(m): 5:47am On Feb 21, 2017
jumobi1:
They should summon the Petroleum minister from Jand
our petroleum minister dey sick for London, no records because our Oga no go school

God forbid bad govt. like this one we dey experience now

81 Likes 4 Shares

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by TPAND(f): 5:51am On Feb 21, 2017
APC.....

Why are you always lying. Why!
No record of oil exported.
And some hilarious ignoramus will believe and deliberate this story.

No wonder this administration is not succeeding. What goes around comes around

58 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by Nobody: 6:07am On Feb 21, 2017
Do they have records for other mineral resources that are been stolen up north on a daily bases ?



Every body eyes just dey for oil money.

13 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by Blue3k(m): 6:47am On Feb 21, 2017
wizzyrich:
Do they have records for other mineral resources that are been stolen up north on a daily bases ?



Every body eyes just dey for oil money.

I would say yes. Look at illegal mines problem. It's not as discussed but I seen a few things on it. It's reason Oyo is mining power house of Nigeria for a few years.
Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by APCHaram: 6:48am On Feb 21, 2017
The massive corruption under this useless Buhari is mind boggling.

I have always maintained that the NDA is a govt sponsored false flag operation to cause a fog of insecurity from where oil is stolen and diverted and a means by the military to instigate their long awaited jihad on the Niger Delta.

22 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by EternalTruths: 6:55am On Feb 21, 2017
sarrki:


I think its time to educate you

Always listen when elders are talking

Learn glow to talk a little in the midst of wise men

When you are here always remember we are guided by rules most especially rule two(2) don't insult

When you don't have facts or know about issues been talked about ask questions

If you do all this it will help

Kidnextdoor, buhariis blessed, cplusJason, samuelanyawu, Godprotect, and many more are matured seniors in the wailers camp you can listen to


Close your mouth


Corruption is the reason why there is no documentation of our crude oil and non crude oil export

Buhari is corrupt angry

84 Likes 5 Shares

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by APCHaram: 6:55am On Feb 21, 2017
Buhari's corrupt legacy as minister of petroluem

Despite its relative autonomy in those early years, NNPC was hopelessly inept. In the wake of allegations of massive fraud, including an improper withdrawal of more than $4b from the corporation’s accounts in the late 1970s, the newly elected President Shehu Shagari (1979-83) in March 1980 instituted a tribunal to probe allegations.

NNPC’s oversight and regulatory role over the industry was virtually non-existent, due to a combination of low capacity, sheer inaction, and simply a proclivity of the corporation to break the law.

Agreements with IOCs lay around for years without ratification, and the IOCs often acted as if the corporation never existed.

NNPC’s accounting system was an unmitigated shambles; the corporation had never prepared and submitted audited accounts.

The industry under NNPC up to 1980 was so dismal that the tribunal— even with its full judicial powers to subpoena witnesses and information —could not reconcile crude oil production and sales figures from the various arms of government

The panel recommended the pruning of the power of NNPC and the streamlining of its operation for increased efficiency.

The limitation of the panel is underlined by the tribunal’s failure to summon Generals Obasanjo and Muhammadu Buhari, who as national ruler, and oil minister NNPC chairman respectively “supervised the NNPC and controlled oil sales during the period in question.

http://bakerinstitute.org/media/files/page/9b06

26 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by CplusJason: 6:58am On Feb 21, 2017
sarrki:




Ki.dnextdoor, buhariis blessed, cplusJason, samuel.anyawu, Godprotect, and many more are matured seniors in the wailers camp you can listen to
Lol, nice one bro. grin


Maximum respect!!! cool

1 Like

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by hucienda: 7:03am On Feb 21, 2017
cheesy

Just when you thought you've heard it all with this administration, it surprises you yet again.

'Accountability' in the government of self-proclaimed 'saints'.

29 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by omogin(f): 7:11am On Feb 21, 2017
Buhari corruption pass efcc. Only God can save us from this terrible personality

23 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by vedaxcool(m): 7:34am On Feb 21, 2017

Also, on its own, the Senate alleged discovery of over $850 billion supposedly earned by the country between 1996 and 2014 from its crude oil export proceeds which it alleged was yet to be repatriated to the country by the Joint Venture Oil Companies, a development it noted, was in total contravention of Nigeria’s Pre-shipment Inspection of Export Act and Article 26 of Export Policy Guidelines and procedures for crude oil, Gas and non-oil goods.

.Vanguard left this once again the more important news for a hazy one

1 Like

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by APCHaram: 7:37am On Feb 21, 2017
vedaxcool:
[b][/b]
.Vanguard left this to once again the more important news for a hazy one

What of the accounts for oil sales from June 2015 till date?

Under your ever corrupt Khalifa, the looting has gone haywire while blaming Niger Delta militants for the shortfall.

Buhari is a very wicked thief.

25 Likes 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by OlujobaSamuel: 7:43am On Feb 21, 2017
this doesnt sound right, no records of proceeds or sales, pls be specific because i still dey wonder how you got the figures for potential loss when you have no record.

1 Like 1 Share

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by vedaxcool(m): 7:58am On Feb 21, 2017
[s]
APCHaram:


What of the accounts for oil sales from June 2015 till date?

Under your ever corrupt Khalifa, the looting has gone haywire while blaming Niger Delta militants for the shortfall.

Buhari is a very wicked thief.
[/s]

Illiterate would even know the senate was talking about Export records not sales records ... the appropriate organization responsible for that will respond.

1 Like

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by APCHaram: 8:00am On Feb 21, 2017
vedaxcool:
[s][/s]

Illiterate would even know the senate was talking about Export records not sales records ... the appropriate organization responsible for that will respond.

Lol. Because Nigeria crude exports don't amount to sales records?
****

20 Likes

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by vedaxcool(m): 8:06am On Feb 21, 2017
[s]
APCHaram:


Lol. Because Nigeria crude exports don't amount to sales records?

You must be daft to come up with that lame excuse
[/s]
Here are the words of the senator:

was Monday told that Nigeria has since June 2015, been exporting its oil and non-oil products without documentation.

What does without documentation means to you?
Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by DonCortino: 8:07am On Feb 21, 2017
sarrki:
I don't think the report is right

Of course it wont be right since ur lord and personal saviour the vulture is the petroleum minister. If the report has said 'since 2011' it will be very right for you!

Shior!

24 Likes

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by DonCortino: 8:09am On Feb 21, 2017
vedaxcool:
[s][/s]

Illiterate would even know the senate was talking about Export records not sales records ... the appropriate organization responsible for that will respond.

Is that not why u voted him out?

What's your say on the topic of discussion?
Zombie!

8 Likes

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by APCHaram: 8:10am On Feb 21, 2017
vedaxcool:
[s][/s]
Here are the words of the senator:

was Monday told that Nigeria has since June 2015, been exporting its oil and non-oil products without documentation.

What does without documentation means to you?

APCHaram:
Buhari's corrupt legacy as minister of petroluem

Despite its relative autonomy in those early years, NNPC was hopelessly inept. In the wake of allegations of massive fraud, including an improper withdrawal of more than $4b from the corporation’s accounts in the late 1970s, the newly elected President Shehu Shagari (1979-83) in March 1980 instituted a tribunal to probe allegations.

NNPC’s oversight and regulatory role over the industry was virtually non-existent, due to a combination of low capacity, sheer inaction, and simply a proclivity of the corporation to break the law.

Agreements with IOCs lay around for years without ratification, and the IOCs often acted as if the corporation never existed.

NNPC’s accounting system was an unmitigated shambles; the corporation had never prepared and submitted audited accounts.

The industry under NNPC up to 1980 was so dismal that the tribunal— even with its full judicial powers to subpoena witnesses and information —could not reconcile crude oil production and sales figures from the various arms of government

The panel recommended the pruning of the power of NNPC and the streamlining of its operation for increased efficiency.

The limitation of the panel is underlined by the tribunal’s failure to summon Generals Obasanjo and Muhammadu Buhari, who as national ruler, and oil minister NNPC chairman respectively “supervised the NNPC and controlled oil sales during the period in question.

http://bakerinstitute.org/media/files/page/9b06

3 Likes

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by Jesusloveyou: 10:01am On Feb 21, 2017
SamuelAnyawu:


It would have been right if it was GEJ right?
what about the 850b dollar that also miss under your ineffectual buffoon according to this uncompleted report you believe.
Becos ipods believe so much in lies.
If you want to kill ipods, just give them the truth, they wil just die.
Lies make them to grow faster.
For example, see how them are fast growing that buhari is dead

1 Like

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by SalamRushdie: 10:32am On Feb 21, 2017
Typical of A Buhari that doesn't even have any documentation of his secondary school education ..what do you expect ...yet people will believe that Buhari has no hand in this bitter recession

9 Likes

Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by owobokiri(m): 10:38am On Feb 21, 2017
No wonder the country came back to the position of the most corrupt country in the whole world..
Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by RAFIC(m): 11:35am On Feb 21, 2017
A lot of things are not on record....

But wait o.... how did they know it's not on record? Was there a record of things not on record? angry

EDIT: When we'll we stop fighting corruption with corruption?
Re: Nigeria Has No Record Of Its Oil, Non-oil Export Activities Since June 2015 by chynie: 11:38am On Feb 21, 2017
Buhariiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
u have finished us, how do we know what u and your gang have embazzeled
since u ppl refused to keep record? shocked

we for allow JONA oooooooooo
this na from frying pan to abyss embarassed

15 Likes 1 Share

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