Nigaz! Someone Has To Sack Their Marketing Team

its funny, 
this is just another avenue to rip Nigeria off some quality thinking.
it leaves us undecided 'bout what we want to use our ability for,
anyways,
                REALLY. In 9JA,  THERE'S NOTHING NEW UNDER THE SUN.

Most niggaz
have too much gaz ayway.                                              mmmmmmmmmmmmmmmmmmmmmmm

 
         and our leaders, so called, will sit down there wt their corrupt selves and agree to it.
          Gpokious
           

@above
dont be silly. thats not the point. the point is its a very unporofessional job by the firms marketers. They should have avoided rascist issues  at ALL COSTS!!!

Okay. Thanks.



Not a legal contract or treaty. . .but an ordinary formal letter of agreement, very shocking indeed!  . . .but not surprising considering Nigeria is one of the signatories. 



What would it be otherwise?



Lmao. . . dumb move!  Why not seek funding on the open market?  Why use prospects of the crude oil as equity in the deal?  That plays to the advantage and benefit of the foreign signatories.



That translates to inequities in the labour force.  Skilled Nigerians are overlooked and potential managerial and operational job positions are defaulted to the discretion of the expatriates.  The status quo; they bring in their people to plan and execute the plan but Nigerians are hired to serve at their disposal and make life easy. . .drivers, maids, gardners, nanny, cement mixers, errand boys. . .

   
Trans-Saharan Trade

Meanwhile, the NNPC and Algeria’s state-owned oil company, Sonatrach, is to control about 90 percent stake in the $10 billion Trans Sahara Gas Pipeline project.


Let us assume that NNPC has a 50-50 deal with Sonatrach, then their 90% holding becomes a 45% equity each. So NNPC has 45%, Algeria has 45% and Niger has 10%.  This would mean that NNPC is holding a 45% interest against a 55% interest by foreigners on its crude oil resources.  Considering that Algeria and Niger are both francophone nations and unlike Britain, France still has a close alliance and partnership with its francophone members, then how does this deal play into the hands of France?


In Case,


Doesn't this increase the possibility of foreign military siege on our soil? 


About a third of Nigeria's oil output is currently shut in as a result of militant attacks on oil facilities in the Niger Delta.


Are you saying that this contigency is planned into the deal?  What cost, if any, is reserved for that event?



At this point I will support the Igbos and the Rivers and all those Delta people that want to break away from Nigeria to do so. 

I'm not sure why the word Nigaz is generating so much buzz? It's not like the N word is part of our culture or history anyways. I don't see why we need to add that to our load or get fettered by the word (brush it off your shoulders). We need to focus on making sure the biz merger goes down in our favour.

wetin wrong wit d name?

well I aint no nigger or nigaz so I take less offence but those our elders that cant see voice of reason in finding another acronym its sad on their part.

i tire, like african americans care about what we go through

  so much noise over nothing.
Russians actually do not use the word niggers, rather they use negro( negr as the call it)
The gaz in nigaz is from gazprom, the biggest gas company in the world.
We should actually worry that  after more than 50 years of oil exploration, we have still not got our acts right as it pertains to gas.
We are still flaring gas, serving gas needs of other countries( through LNG), while neglecting  the development of our own gas market.
We should worry , because foreign input still dominates our oil and gas industry, we should worry because , the oil money has not made much impact in the lives of our people.
we should worry that what ever money we make from oil is used to service foreign labour, materials etc for the oil industry.
no big deal in Nigaz for so much noise

Negro-Ntn, that was an intelligent analysis and observation. Yes, you are right in most!

Lmao. . . dumb move!  Why not seek funding on the open market?  Why use prospects of the crude oil as equity in the deal?  That plays to the advantage and benefit of the foreign signatories.

Yes! The truth is that Nigeria is almost broke. Our total foreign reserve last week was $43.2 Billion [compared to $62 billion in October last year}  according to Fitch Rating. That means we may no longer be credit-worthy. Microsoft's Bill Gates can snap us up if our country is for sale. Without the capital to initiate our own part of the deal, foreign signatories will indeed have the top say in what goes on.




   

Let us assume that NNPC has a 50-50 deal with Sonatrach, then their 90% holding becomes a 45% equity each. So NNPC has 45%, Algeria has 45% and Niger has 10%.  This would mean that NNPC is holding a 45% interest against a 55% interest by foreigners on its crude oil resources.  Considering that Algeria and Niger are both francophone nations and unlike Britain, France still has a close alliance and partnership with its francophone members, then how does this deal play into the hands of France?


In Case,

Doesn't this increase the possibility of foreign military siege on our soil? 

Another strategical implication of this favors the North and weigh heavily against the aspirations of the South especially those that are insisting on having a separate entity from what we presently calls "Nigeria". A pipeline that runs through the North from the South, into Republic of Niger { bear in mind that the Nigerien President have suspended the constitution and is ruling by decree; China have already started investing $5bn to develop oil production in Niger. His insistence on staying beyond his terms can only be justifiably explained by the discovery of oil in the eastern Niger and all these oil deals. If and when Nigeria comes apart, they will likely team up with their brothers in Niger. Billions have been spend prospecting for oil and gas in the Chad Basin and recently Bauchi and Gombe areas of the Benue Trough. The Chad Basin in northern Nigeria though with repeated prospecting has not yielded much}.

What this means for the South is that with Europe and Russia investing in the venture, the call for seperate country will be almost inaudible. These countries and the US will not stand by and watch their investment and life-line jeopardize in anyway. National interests always trumped democratic ideologies. For most of the Cold War, U.S. national interests always trumped democratic ideology. Ike preferred the Shah to the democratically elected Mohammad Mossadegh. Richard Nixon preferred Gen. Pinochet to the elected Salvador Allende. George W. Bush, who had pushed for Palestinian elections and insisted on Hamas’ inclusion, perhaps because he thought they would lose, did a somersault when Hamas won. Britain, the number one culprit in this regard have sold many treaties and agreement down the river to protect their selfish interest.

Asked the East Timorese about their experience. On 7 December 1975, the armed forces of Indonesia crossed the border of East Timor in strength, eventually proclaiming it ,  a full part of Indonesia proper. Timorese resistance to this claim was so widespread, and the violence required to impose it was so ruthless and generalized, that the figure of 100,000 deaths in the first wave - perhaps one-sixth of the entire population - is reckoned an understatement. The date of the Indonesian invasion - 7 December 1975 - is of importance and also of significance. On that date, President Gerald Ford and his secretary of state, Henry Kissinger, concluded an official visit to Jakarta and flew to Hawaii. They had come fresh from a meeting with Indonesia's military junta, United States was Indonesia's principal supplier of military hardware.

So gruesome were the subsequent reports of mass slaughter, rape, and deliberate use of starvation that such bluntness fell somewhat out of fashion. The killing of several Australian journalists who had witnessed Indonesia's atrocities, the devastation in the capital city of Dili, and the stubbornness of FRETILIN's hugely outgunned rural resistance did nothing to save them, until the discovery of huge reserve of natural gas. Suddenly the US/ Australia co-sponsored their independence from Jakarta and did everything that made it happen.

So if this deal comes to fruition, then bye-bye for a very long time to the Southerners quest for a country of their own. 

right