.

Daviddson:
Stop lying. No presidency source spoke to your blog. You shouldn't have edited the original article to input your blog's name.

You can read about us her. If we are not reputable, we won't be on Wikipedia. And we have access and contacts of aides and politicians we reach out to for confirmation of stories.

https://en.wikipedia.org/wiki/Politics_Nigeria

post=75440250:




Jonathan, PDP and their evil politicians, wanted to wreck this country to the lowest of lows.

Thank God that, we sane, honest and hardworking Nigerians kicked the dullard back to Otueke before it was too late.

Can you imagine these same sets of CRIMINALS amd rogues trying to come back and continue where they stopped!!
Their return is gonna be brutal mehn!!
Nigeria will be worse than Somalia!
PDP in Nigeria again?!
GOD FORBID BAD THING!!

May God help you.
Read you no go read.
Even if I read it for you, I cannot understand it for you.
How many past presidents were mentioned?
But it's only Jona u saw in all the write.
Wehdon o.

God bless Nigeria

stephanie11:
@POLITICSNGR

The real story behind the controversy involving the Nigerian Government and a UK-registered shell Company, Process and Industrial Developments Limited (P&ID) Limited, is finally unfolding. The details you are about to read are the outcome of painstaking investigations that have thrown up some exclusive details.

What is now emerging is that this is another case of a dodgy financial arrangement entered into by previous administrations, which the Buhari Administration, which took office in May 2015, is now being forced to deal with and resolve.

Presidency sources informed PoliticsNGR that the MOU that kickstarted the entire controversy was signed by in July 2009 by the then Minister of Petroleum Resources, the late Alhaji Rilwanu Lukman, purportedly on behalf of the Nigerian Government, and an Irish businessman, Michael Quinn, on behalf of the shadowy British Virgin Islands-registered company, Process and Industrial Developments Limited (P&ID) Limited.

Michael Quinn is said to have made a name for himself in his native Ireland as a successful manager for well-known music bands, between the 1960s and the 1980s. He gave it up to start a new career in the oil business in the early 1980s, becoming an oil trader dealing in Nigerian oil, from his base in Dublin, Ireland

The MOU and subsequent agreement was styled as a ‘Gas Supply and Processing Agreement for Accelerated Gas Development,’ our sources disclosed.

Under the Agreement, P&ID was supposed to receive allocations of natural gas, guaranteed by the Nigerian Government, which it would then process for use for power generation in the country. In the fraudulent arrangement, the Nigerian Government was reportedly saddled with the responsibility of securing gas supplies and ensuring that all infrastructure was in place, in a deal that analysts who spoke to us unanimously agreed was totally skewed against Nigeria, and would not stand up to any serious legal or judicial scrutiny.

An agreement reportedly followed in January 2010, during a period in which the then President Umar Yar’Adua was sick and away from Nigeria, in Saudi Arabia. At the time the ailing President had failed to hand over the reins of power to his Vice President, Goodluck Jonathan, and there was a lot of controversy as to who was really running the country. It would later emerge that by this time the President was brain-dead and unable to function in any way.

It is believed that the late Alhaji Lukman took advantage of the lacuna in the government at this time to perfect the dodgy deal, which was reportedly done without the input or knowledge of the NNPC. The IOCs were supposed to supply the gas involved in the deal, but even they were not informed in any way or carried along in the signing of the various agreements.

“Can you imagine that neither the NNPC, nor any of its subsidiaries involved in the sale and supply of gas, was aware of this deal. The IOCs that were supposed to make the gas available, alongside the NNPC, were also not aware. What manner of fraudulent behaviour is that?” a senior official of the Petroleum Ministry queried, when contacted. “Is that done anywhere in the world? The whole agreement was a scam from the beginning, designed to benefit the people who came up with it and took advantage of the illness of Yar’Adua to sign it. If P&ID was a serious company they would never have entered into that kind of agreement in the first place. But we know they are not a serious firm, more like a fraudulent enterprise set up in a tax haven solely for the purpose of exploiting Nigeria in collusion with Nigerians.”

This meant that from inception the Agreement was doomed to fail. And it did, shortly afterwards. No gas was ever supplied or processed, as there was nothing in place to make this happen. The deal was simply a racket by senior officials of the Ministries of Petroleum Resources and Justice, under the Yar’Adua/Jonathan Administration, working with an unknown foreign company to milk Nigeria’s resources.

In 2012 P&ID began Arbitration in the UK, against the Nigerian Government. Their case was premised on a breach of contract, they claimed that Nigeria’s inability to honour the agreement had resulted in grievous financial losses to them.

Liability hearings commenced in July 2015, just as the Buhari Administration was taking office. In the meantime, both Rilwanu Lukman and Michael Quinn, the two signatories to the ill-fated and illegal agreement, had died. Lukman died in July 2014, and Quinn died in February 2015. Both reportedly died of illness.

It is unclear who was pursuing the liability hearings following the deaths of the two principal actors. In January 2017, the Arbitration Court proclaimed a final award of $6.6 billion, plus 7 percent interest per annum, calculated from March 2013, against the Nigerian Government (amounting to in excess of two billion dollars).

Analysts are still wondering how a UK court can award a judgement on the basis of an agreement that was illegal in the first place.

In March 2018, P&ID shopped around for a US District Court in Washington to try and enforce the payment of the judgement awarded against Nigeria, and the Court in June 2018 reportedly affirmed the award, raising suspicions of an unethical collusion and perversion of justice on the part of the US Court.

The Nigerian Government is insisting that there is no cause for alarm, and that the P&ID case is headed nowhere. “This is another of the many shady deals that the previous administrations got Nigeria into, which the Buhari Administration is determined to resolve with no loss to Nigeria,” a Justice Ministry official disclosed. “What P&ID is actually celebrating as a judgement is merely a default entry by a Court Clerk. It’s a joke, let’s be honest. Rest assured President Buhari will not allow even one kobo of Nigeria’s money to fall into the hands of these international fraudsters masquerading as investors. It will never happen, you can take that to the bank.”

https://politicsngr.com/exclusive-pid-fraudulent-shell-company-tried-scam-nigerian-government/

What i know P&ID to mean, is Process and Instrumentation Diagram.

post=75440258:

SO TRUE 101%.

Jonathan, PDP and their evil politicians, wanted to wreck this country to the lowest of lows.

Thank God that, we sane, honest and hardworking Nigerians kicked the dullard back to Otueke before it was too late.

bigot! hate could not even allow you to make use of your brain. the process was started before Yar aduwa died.

kirajustice:


You are very very sick! In fact seriously crazy for saying that an exclusive story is from sahara reporters.....you are completely mad for this statement

Wow Bros! Take it easy na

ikennaf1:


If it happened as the op wrote, then the deal is dead on arrival. As for the bakassi issue, the Nigerian government got into agreement with cameroon to help fight Biafra from the eastern side in exchange for bakassi. After the war, Nigeria reneged on the deal and the case got to the international courts.

obj shouldn't have gone to the international court, only a useless country will dash out is territory

Omololu001:
obj shouldn't have gone to the international court, only a useless country will dash out is territory

The people who made the deal (Gowon, Awolowo etc) are to blame, not obasanjo. What would you obj have done? absent his government from the court cases? lol.

OK you're subtly insinuating the use of force but during the time of obj, there was also noise by Massob and Co for secession. Hence it's a checkmate for Cameroon.

If Nigeria went to war with Cameroon over bakassi, who do you think the locals of that time would help? Nigerian government, or Cameroonian government?

Also remember it took 30 months for the Nigerian Army to get Biafra to surrender. And that's with lots of resources and foreign aids. I don't think Nigeria can win Cameroon in a war, and also given that the international community won't be on the side of Nigeria.

ikennaf1:


The people who made the deal (Gowon, Awolowo etc) are to blame, not obasanjo. What would you obj have done? absent his government from the court cases? lol.

OK you're subtly insinuating the use of force but during the time of obj, there was also noise by Massob and Co for secession. Hence it's a checkmate for Cameroon.

If Nigeria went to war with Cameroon over bakassi, who do you think the locals of that time would help? Nigerian government, or Cameroonian government?

Also remember it took 30 months for the Nigerian Army to get Biafra to surrender. And that's with lots of resources and foreign aids. I don't think Nigeria can win Cameroon in a war, and also given that the international community won't be on the side of Nigeria.

the Nigerian government shouldn't have gone for the court cases.
Show me where you got your source from where the Gowon government promised to give bakassi to Cameroon.

Omololu001:
the Nigerian government shouldn't have gone for the court cases.
Show me where you got your source from where the Gowon government promised to give bakassi to Cameroon.

Wow, you've forced me to go get proof and I couldn't!
I remember reading the territory concession story from a news magazine wayback when I was in Pri 3 or 4, when internet reach was almost next to nothing.

What I've found here is that the stories of Cameroon supporting Nigeria based on territorial concessions were rumor. However I also found that Bakassi ceased to be a region in Nigeria in 1961 under the supervision and government of Tafawa Belawa.

In any case, my other points on what would be the outcome, if the issue degrades to military conflict, based on the actions or inactions of Obj still stands true. Hence obj shouldn't hold the blame. The case looks really complicated and goes back as far as the 17th century

Daviddson:
Instead of you to say you copied this from Sahara Reporters, you're saying 'Presidency sources told Politics ngr'. You're not different from our crooked politicians.

I can u are delusional
we are talking of the shady deal and u are saying rubbish

Free odds available today

ikennaf1:


Wow, you've forced me to go get proof and I couldn't!
I remember reading the territory concession story from a news magazine wayback when I was in Pri 3 or 4, when internet reach was almost next to nothing.

What I've found here is that the stories of Cameroon supporting Nigeria based on territorial concessions were rumor. However I also found that Bakassi ceased to be a region in Nigeria in 1961 under the supervision and government of Tafawa Belawa.

In any case, my other points on what would be the outcome, if the issue degrades to military conflict, based on the actions or inactions of Obj still stands true. Hence obj shouldn't hold the blame. The case looks really complicated and goes back as far as the 17th century

they are only rumor.

Bakassi was neither Nigeria or Cameroon territory. Obj should have pushed for referendum instead of going to the international court.

Omololu001:
they are only rumor.

Bakassi was neither Nigeria or Cameroon territory. Obj should have pushed for referendum instead of going to the international court.

The bakassi guys were seeking self determination, not inclined to either the Nigerian or Cameroonian governments. A referendum to that effect has been held but they were given 2 options to either be with Nigeria, or be with Cameroon, of which they refused to vote, because their own choice of self determination wasn't given as an option.

After 1961, maps of eastern Nigeria has always shown bakassi as Cameroonian territory. even maps of the area by Nigerian government itself always showed bakassi as a territory of Cameroon.

The courts were overwhelmed with evidence proving that bakassi is Cameroonian territory, but all Nigeria had as evidence was cartons of tax receipts paid by bakassi indigenes to eastern Nigeria. Unfortunately, the bakassi people also paid tax to the Cameroonian government, hence Nigeria's evidence became null.