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Nairaland Forum / Nairaland / General / Politics / Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil (6440 Views)
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Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 12:05pm On Nov 19, 2014 |
Now that every single janjawiid is some how blaming the fall in oil pricing on the Jonathan administration and the impending slow down on the economy, I will like to remind all of you what the Governor of Osun State said early this year about the low benchmark of oil sales used to base the 2014 budget. Governor Rauf Aregbesola of Osun State has described as unjustifiable a 40 per cent reduction in the federal allocation being received by the state since July 2013. The only thing holding this country together is oil The only reason the rest of the country especially the north and SW are in this is because of the oil. 11 Likes 1 Share |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by holatin(m): 12:09pm On Nov 19, 2014 |
vj |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by thaoriginator: 12:10pm On Nov 19, 2014 |
Bob |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by Nobody: 12:22pm On Nov 19, 2014 |
source? |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 12:25pm On Nov 19, 2014 |
AregbeRascal: “It is important for us to know that there is no justification for that 40 per cent reduction in our allocation. The price of crude oil has remained almost the same at $108 per barrel, and the benchmark, according to them, is $75 per barrel.” What Aregeb meant by the statement above is that, the $79 benchmark was too low since oil was trading (at the time he made that speech) at $106. Aregbe showed his stup1dity here wherein his statement is akin to a man who spends all his salary without recourse to saving. The little gains of the low bench mark is that we can still have a budget come 2015. If we were to follow parasitic aregbe policy, our Foreign reserves would have been zilch and there would have been no way we could have been able to even fund a budget for next year. I have taken the pains to get this manual below for you lazy parasites http://www.iita.org/c/document_library/get_file?p_l_id=98898&folderId=339193&name=DLFE-1654.pdf 10 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 12:27pm On Nov 19, 2014 |
achemedez: The State of Osun's very own website http://osun.gov.ng/2014/04/19/40-cut-osuns-federal-allocation-unjustifiable-aregbesola/ 2 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by Nobody: 12:32pm On Nov 19, 2014 |
Buddah Monk slept here brb for the State Osunistan being ruled by Ayottollah Ali bin Rauf ibn Sultan Aragbashola, the supreme leader, the spyderman swinging on car roofs....am from Ede in Osun, i love my governor 10 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by 2cato: 12:41pm On Nov 19, 2014 |
And these are the type of people that will never wast time to call gej cllueless. Barcanista omenka egift koboko69 obiagelli and berem ur attention are needed here and every other APC cyber rodent ur attention is needed here 9 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by omenka(m): 12:54pm On Nov 19, 2014 |
Someone blamed the "fall in oil price on Jonathan's admin"?? Chaiiii!!! Even the Devil himself would envy these servants of his!! They lie with every breath they take!! Fall in international oil price blamed on "someone"!! This is awesome!! Lwkmd!! Op, what satisfactory name can one even call you for this?? |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by 9jii(m): 12:55pm On Nov 19, 2014 |
GBTYO:Groundnut pyramids, cocoa and palm was our investment in the oil. Still benefiting Wether little or much |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by omenka(m): 12:58pm On Nov 19, 2014 |
And before some hedgehog burrows another hole out of ecstasy that Aregbesola said this, how in seven hells does this absolve JonaTAN of cluelesness?? . I simply can't see the connection here. 1 Like |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 1:01pm On Nov 19, 2014 |
9jii: And you think the Rubber, Timber and Palm production in the Delta was not worth more than your groundnuts and cocoa? By the way assh0le, Nigeria operated a true fiscal federalism meaning that revenue from each region went back to that region. Also if you think it was groundnuts they used to invest in Oil which on it's on will attract the neccessary cash flow then what did Saudi Arabia use to develop their oil sector? Was it sand? Foolish liar 10 Likes 3 Shares |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by backtosender: 1:01pm On Nov 19, 2014 |
which groundnut and cocoa that have little values in this days economy oil is feeding nigeria all these giant of africa or what ever is because of oil revenue what else does nigeria export with a big return.. 3 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by omenka(m): 1:01pm On Nov 19, 2014 |
@GBTYO: Dude, you are a natural born liar!! I bet you can beat a polygraph with flying colours!! Jeez!! 2 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 1:05pm On Nov 19, 2014 |
omenka: Your attempt at derailing this thread and turning it into an e- war is pathetic. You shilling monkey 3 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by 9jii(m): 1:05pm On Nov 19, 2014 |
GBTYO:You really don't know what you are talking about. I will have follow your argument. If I'm wrong stop the benefits today 2 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 1:06pm On Nov 19, 2014 |
9jii: What resource did Saudi Arabia have that they used to develop their oil fields? Was it sand? liar 2 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by backtosender: 1:08pm On Nov 19, 2014 |
no oil no 1 nigeria we all knew that 1 Like |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 1:32pm On Nov 19, 2014 |
Their representatives in the National Assembly also threatened to block the budget if their demand of increasing the benchmark was not met. [size=18pt]The Crude oil benchmark debate and controversy[/size] 2 Likes 1 Share |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by 9jii(m): 1:34pm On Nov 19, 2014 |
GBTYO:Google it hater |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by Sibabasibaba1: 1:41pm On Nov 19, 2014 |
Okonjo-Iweala saw tomorrow. Unfortunately, she is being called names by the same greedy felons who did not want us to be proactive. Now, the chicken has come home to roost. 6 Likes 1 Share |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 1:44pm On Nov 19, 2014 |
9jii: Initial search for Saudi Oil In 1925, Holmes signed a concession with the sheikh of Bahrain, allowing him to search for oil there. He then proceeded to the United States to find an oil company that might be interested in taking on the concession. He found help from Gulf Oil. In 1927, Gulf Oil took control of the concessions that Holmes made years ago. But Gulf Oil was a partner in the Iraq Petroleum Company, which was jointly owned by Royal Dutch/Shell, Anglo-Persian, the Compagnie Française des Pétroles, and "the Near East Development Company, representing the interests of the American companies.[3] The partners had signed up to the “Red Line Agreement” which meant that Gulf Oil was precluded from taking up the Bahrain concession without the consent of the other partners; and they declined.[1] Despite a promising survey in Bahrain, Gulf Oil was forced to transfer its interest to another company, Standard Oil of California(SOCAL), which was not a bound by the Red Line Agreement.[4] Meanwhile King Abdulaziz had dispatched American mining engineer Karl Twitchell to examine eastern Arabia. Twitchell found encouraging signs of oil, asphalt seeps in the vicinity of Qatif, but advised the king to await the outcome of the Bahrain No.1 well before inviting bids for a concession for al-Hasa.[5] To the American engineers working in Bahrain, standing on the Jebel Dukhan and gazing across a twenty-mile (32 km) stretch of the Persian Gulf at the Arabian Peninsula in the clear light of early morning, the outline of the low Dhahran hills in the distance were an obvious oil prospect. On 31 May 1932, the SOCAL subsidiary, the Bahrain Petroleum Company (BAPCO) struck oil on Bahrain.[1] The discovery brought fresh impetus to the search for oil on the Arabian peninsula. Negotiations for an oil concession for al-Hasa province opened at Jeddah in March, 1933. Twitchell attended with lawyer Lloyd Hamilton on behalf of SOCAL. The Iraq Petroleum Company represented by Stephen Longrigg competed in the bidding but SOCAL was granted the concession on 23 May 1933. Under the agreement, SOCAL was given “exploration rights to some 930,000 square kilometers of land for 60 years”. Soon after the agreement, geologists arrived in al-Hasa and the search for oil was underway. As you can see the Saudi King gave concessions to western companies who were backed by western financial institutions to search for oil. This concession was later extended during the drilling phase where the Saudi government had fifty-fifty sharing agreement including tax with oil companies drilling on Saudi soil. Most of the concessions will be later removed in the 80's when the Saudi government bought over shares in foreign companies and later transfered it to the sate owned Saudi Aramco. Liar! 2 Likes 1 Share |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by Nobody: 1:44pm On Nov 19, 2014 |
The oil in the niger delta belongs to us, and there is nothing anybody can do about it.. |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 1:46pm On Nov 19, 2014 |
Slonge2: Thinking like a thief. Come 2015 and the ND is out don't come begging for cocoa manual 2 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by Nobody: 1:53pm On Nov 19, 2014 |
Osunistan dont even have any business being a state, a place with one university without any viable economic activity is as bad as dead. RIP OSUN GBTYO: 7 Likes |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by omenka(m): 2:02pm On Nov 19, 2014 |
GBTYO:Come on dude, don't be such a sourpuss. Dude, you are a straight face degenerate LIAR!! I could ignore some lies but hell, that shiit right there, nigga that is HUGE!! Think I'm gonna archive this thread. When a lie contest comes up anyday, all I need to do is exhume the thread! Dude you a stunner!! Ps: what is "shilling monkey"?? Lol. Sounds funny. |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by Nobody: 2:03pm On Nov 19, 2014 |
GBTYO:stop crying it is not our fault, the gods ordained it. And as for cocoa, "before oil there was cocoa and after oil there will still be cocoa. 1 Like |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by omenka(m): 2:04pm On Nov 19, 2014 |
GBTYO:Dude, put a lid on your temper before you rupture your heart!! . Haba, e dey do you ni?? 1 Like |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 2:08pm On Nov 19, 2014 |
omenka: what lie have I said here? Is it what your Odenni himself Argeberascal said to which I provided a valid link which happens to be the same state of Osun website? Can you point out my lies for everybody to see. Finally a shilling monkey is what you are. 1 Like |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 2:08pm On Nov 19, 2014 |
omenka: obviously you are desperately attempting to derail this thread 1 Like |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by GBTYO: 2:09pm On Nov 19, 2014 |
Slonge2: but for now there is no cocoa because you have free oil abi? |
Re: Aregbe Admitted That He Can't Manage Osun Without Niger Delta Oil by omenka(m): 2:11pm On Nov 19, 2014 |
GBTYO:You derailed it from your opening statement which is the biggest lie ever told on this forum!! Bet you lied your way outta yo momma's womb!! Aii, insult me again. What was it you called me?? Ahahh, I remember; "shilling monkey". Lol. Dudes be lying like Mugabe all day!! 2 Likes |
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