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PDP To Acquire Oil, Telecoms Licences To Fund Party - Politics - Nairaland

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PDP To Acquire Oil, Telecoms Licences To Fund Party by koruji(m): 2:24am On Jun 17, 2012
Here you go: Another brain-dead idea coming to your neighbourhood - courtesy of the People Destroying People (PDP) party of Nigeria.

[size=16pt]Whoever heard of a party as a business entity. Prediction: something really bad is going to happen in the country soon, if this madness doesn't put its hands inside its mother's cloth.[/size]


http://www.punchng.com/news/pdp-to-acquire-oil-telecoms-licences-to-fund-party/
June 17, 2012 by Sola Fabiyi 16 Comments

The Peoples Democratic Party is planning to acquire oil and telecommunication licenses to generate revenue for the party, SUNDAY PUNCH has authoritatively learnt.

This was part of the revenue generation and investments strategies of the party, which was prepared by its National Financial Secretary, Mr. Bolaji Anani.

Anani, in a memo entitled, “Revenue generations and investments” to the National Chairman of the party, Dr. Bamanga Tukur, said it would be easy for the party to get the needed concession and operator’s licence.

Anani wrote under the sub-head “Major Sectors,” in the memo said, “With a high degree of anonymity, we can earn reasonable short and long term returns if the venture is properly structured.

“We should be able to get (the) needed concession and operator’s licence with some measure of ease.”

It was not clear those that the party were targeting as fronts in this regard.

Our correspondent, however, reports that the party was already talking to some known oil markers, especially those known to be its financiers.

Other areas where the party hopes to generate funds include real estate and the establishment of print and electronic media companies.

Anani further wrote, “The establishment of PDP Holding Company Ltd is to hold and negotiate the interests of the party in all investments and business arrangements.”

On loans, the party said it planned to “raise short, medium and long term loans from financial institutions to fund the party’s investments and programmes with minimum risk.”

Meanwhile, the party is expecting the sum of N140.97m as annual contributions of the Senate President, Senator David Mark; Speaker of the House of Representatives, Alhaji Aminu Tambuwal and other members of the National Assembly.

Each of the 71 senators produced by the party is expected to pay the sum of N45m which represents five per cent deduction from their basic salaries. Mark and Tambuwal are expected to pay more because they earn more.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by kunlekunle: 2:28am On Jun 17, 2012
that is what NOI should establish for each region, managed from her office to increase regional economy.
please scrap all these oil marketers
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by kunlekunle: 2:33am On Jun 17, 2012
[color=#006600]Each of the 71 senators produced by the party is expected to pay the sum of N45m which represents five per cent deduction from their basic salaries. Mark and Tambuwal are expected to pay more because they earn more.


are they paying the party?
if to the party, democracy is dead

2 Likes

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Beaf: 2:39am On Jun 17, 2012
kunlekunle: that is what NOI should establish for each region, managed from her office to increase regional economy.
please scrap all these oil marketers

You mean each region should come and perch on the Niger Delta in even more force? Oti o!
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by koruji(m): 2:49am On Jun 17, 2012
I thought all we have to deal with are juveniles in power, now it is clear that we are dealing the most illiterate set of people to ever to control the affairs of a nation [size=14pt]in the history of mankind[/size].

The Oyo Mesi of the old Oyo empire, without any changes to their form and organization or even education as in the 18the/19th century, would be making better decisions today than the federal party we have in charge of Nigeria in the 21st century. embarassed embarassed embarassed

kunlekunle:
[color=#006600]Each of the 71 senators produced by the party is expected to pay the sum of N45m which represents five per cent deduction from their basic salaries. Mark and Tambuwal are expected to pay more because they earn more.


are they paying the party?
if to the party, democracy is dead

1 Like

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Nobody: 10:14am On Jun 17, 2012
angry

1 Like

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by kunlekunle: 11:48am On Jun 17, 2012
koruji: I thought all we have to deal with are juveniles in power, now it is clear that we are dealing the most illiterate set of people to ever to control the affairs of a nation [size=14pt]in the history of mankind[/size].

The Oyo Mesi of the old Oyo empire, without any changes to their form and organization or even education as in the 18the/19th century, would be making better decisions today than the federal party we have in charge of Nigeria in the 21st century. embarassed embarassed embarassed


this issue we are facing is over 2500yrs old,
why are we going through it now, recycling solved crises.

mass illiteracy in my opinion is the answer
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by kunlekunle: 11:50am On Jun 17, 2012
Beaf:

You mean each region should come and perch on the Niger Delta in even more force? Oti o!


you need to define where you belong

nigeria or delta
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Nobody: 12:53pm On Jun 17, 2012
Legally PDP has right to own and run business, as far as the seed capital is in no way from government scoffers.

1 Like

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by naijaking1: 2:01pm On Jun 17, 2012
koruji: I thought all we have to deal with are juveniles in power, now it is clear that we are dealing the most illiterate set of people to ever to control the affairs of a nation [size=14pt]in the history of mankind[/size].

The Oyo Mesi of the old Oyo empire, without any changes to their form and organization or even education as in the 18the/19th century, would be making better decisions today than the federal party we have in charge of Nigeria in the 21st century. embarassed embarassed embarassed


You're right. The authors of this new idea first failed to notice what happened in the old soviet union when the party became the goverment and the goverment became the biggest company in the country. Same goes for the Egyptian military that has investments in farming, construction, healthcare, etc.
If we think there's corruption in Nigeria now, just wait until one party in power finds a way to maintain itself in power without reference to the people for support. It will be some sort of self replicating entity; in medicine we call such entities cancer.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by ACM10: 2:29pm On Jun 17, 2012
naijaking1:

You're right. The authors of this new idea first failed to notice what happened in the old soviet union when the party became the goverment and the goverment became the biggest company in the country. Same goes for the Egyptian military that has investments in farming, construction, healthcare, etc.
If we think there's corruption in Nigeria now, just wait until one party in power finds a way to maintain itself in power without reference to the people for support. It will be some sort of self replicating entity; in medicine we call such entities cancer.

Surgeon Naijaking1!
Nice one. . .
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by naijaking1: 2:44pm On Jun 17, 2012
ACM10:

Surgeon Naijaking1!
Nice one. . .

ACM10, how you dey? Long time oh!
If only our policy makers will take a few days to read history and world politics, we'll stop trying to re-invent the wheel.

2 Likes

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by BetaThings: 3:00pm On Jun 17, 2012
Meanwhile, the party is expecting the sum of N140.97m as annual contributions of the Senate President, Senator David Mark; Speaker of the House of Representatives, Alhaji Aminu Tambuwal and other members of the National Assembly.

Each of the 71 senators produced by the party is expected to pay the sum of N45m which represents five per cent deduction from their basic salaries. Mark and Tambuwal are expected to pay more because they earn more.


These figures do not add up. Is each senator earning N900m?
That N140.97m need to come from only 4 senators

If PDP owns a company, will I ever get a contract if I am competing with it?
If PDP owns a media house, will we not be drowned by propaganda for government while they can cover their losses from that media house from one concession or the other

3 Likes

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Nobody: 3:56pm On Jun 17, 2012
getting crazier by the day.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by ebgbest(m): 4:12pm On Jun 17, 2012
PDP get mouth
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by ebgbest(m): 4:12pm On Jun 17, 2012
PDP get mouthPDP get mouthPDP get mouth
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Dejiro(m): 4:13pm On Jun 17, 2012
CORRUPTION is finally going PLC!

3 Likes

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by TBD(m): 4:14pm On Jun 17, 2012
o God safe nigeria and nigerians from hands of people deceived people (P D P) .
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by bizz(m): 4:22pm On Jun 17, 2012
We should worry ourselves more about what will happen when a political party is running d government solely.i think we will see d highest form of corruption.gush..... Are these guys thinking at all
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Nobody: 4:26pm On Jun 17, 2012
grin so very soon we'll start hearing something like "PDP NIGERIA LIMITED" lawd af murcy! cant stop laffing!!
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by EPOMA(m): 4:30pm On Jun 17, 2012
koruji: I thought all we have to deal with are juveniles in power, now it is clear that we are dealing the most illiterate set of people to ever to control the affairs of a nation [size=14pt]in the history of mankind[/size].

The Oyo Mesi of the old Oyo empire, without any changes to their form and organization or even education as in the 18the/19th century, would be making better decisions today than the federal party we have in charge of Nigeria in the 21st century. embarassed embarassed embarassed

Thanks my brother , I will be back
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by 9jafreak: 4:31pm On Jun 17, 2012
CORPORATE

Picture
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by 1forall: 4:33pm On Jun 17, 2012
PDP Holding Co. Ltd?! Nigeria is a very sick country and sadly, many of its citizens are not far behind in ailment - now some say a political party has the right to own and operate a business!
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by erico2k2(m): 4:33pm On Jun 17, 2012
More Militants are waiting for them THIEVES
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by EPOMA(m): 4:41pm On Jun 17, 2012
All this is the reason Nigeria can not work. It is better we just have a one party system and people will now fight among each other for position inside PDP. already PDP have their funding from the government and will now add plc to its earning, so where do the opposition start.
This also show a sign of unrepentant attitude towards the nation. We really need people that can run this country, not OBJ, Anenih, Goodluck, they should all be put into a Zoo because the don't have a clue of anything.
And what surprises me more is when topics like this comes up, you now see young Nigeria joining to post unbelievable comments. well what can I say , what Sunday
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by DrKnow1(m): 4:42pm On Jun 17, 2012
Nigeria is bleeding profusely well to the point of unavoidable death.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by akyus(m): 4:43pm On Jun 17, 2012
Billyonaire: Legally PDP has right to own and run business, as far as the seed capital is in no way from government scoffers.
People have refused to make sacrifices for this country. They would get their legal rights not minding what happens after. So unfortunate!
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by NwaNimo1(m): 4:43pm On Jun 17, 2012
Nigeria is a joke - so a political party is now targetting the nations resources and infrastructure - whether or not they are in power.

This is the height of corruption - I expect ACN to announce the same soon.

Whilst we dum.b ar.see Nigerians just sit there complaining but doing nothing about this government tyranny.

Once PDP controlthe oil wells are telecoms infrastructure they wont even have any need to win elections.

I think this is called 'Fascism'.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by sheyguy: 4:44pm On Jun 17, 2012
koruji: I thought all we have to deal with are juveniles in power, now it is clear that we are dealing the most illiterate set of people to ever to control the affairs of a nation [size=14pt]in the history of mankind[/size].

The Oyo Mesi of the old Oyo empire, without any changes to their form and organization or even education as in the 18the/19th century, would be making better decisions today than the federal party we have in charge of Nigeria in the 21st century. embarassed embarassed embarassed


I think their line of reasoning here is the avoidance of 2011 scenario where a too-compromised president is being forced to protect the core donators to his election war chest, but i can bet what the are creating here actually is a Lucky Luciano styled organised crime commission where the best criminals from each region will be their pple's rep.
PDP really needs to be checked if we want to go forward in our Democracy.

1 Like

Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Taovic86(m): 4:45pm On Jun 17, 2012
Politics is now turned into business entity.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by ebamma(m): 4:47pm On Jun 17, 2012
na so craze dey start,soon dem go wan get dia own schools,make we thank God say dem no rename unilag to pdp university lagos.
Re: PDP To Acquire Oil, Telecoms Licences To Fund Party by Nobody: 4:58pm On Jun 17, 2012
The road to serfdom....

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