Guyman02:
PETROBRAS of Brazil that we started together in the oil business runs their industry and not collecting 'Royalty' from some western companies.
Sign the Petroleum Industry Bill (PIB) and let Nigeria fully control its resources but western interference has never allowed NORTHERN SENATORs see anything good in the bill as the oil companies and foreign embassies protecting their own interests make the Northerners to think that they will lose out if the PIB is passed.

Nigeria needs to stop collecting Royalties from Shell and other but think about doing it ourselves as we are not Niger Republic that produces Uranium but receives 5% royalty from French Company AREVA and remains a poor country in the midst of plenty.

omenka:
Let me secure this seat at the dining table while I go look for maggi to put in the Op's stew.


Edit:
Hmmm. Seems the Op was right after all.

dailyindependentnig.com/2015/04/shell-pays-3b-taxes-royalties-nigeria-govt-2014/

Cc: Lalasticlala.

This explains why Madam Eyes Froggy has been running from pillar to post trying to cushion the impact of her eventual fall. This explains why she insisted the report of the KPMG investigation should not be made public because "a rabid opposition would take advantage of it". Rather only a piecemeal of the report where it was stated $1.5billion was missing was released to the ravenous public to gnaw on.

This country has been bled almost to death under Jonathan. It is a miracle she still survives!!

2oddMASTER:
See ego I must make same from merrybet

philips70:


Yes, I can authoritatively tell you security chiefs in connivance with Aso Rock, the number 1 suspect of Boko Haram have taken almost 50% of these amounts.

chrisbaba1:
if only 5 billion of that money went to Niger delta, the place would have been heaven in Nigeria by now, instead they languish in poverty..... Shey una don see wetin una brother do you? your own blood.....

may quick destruction meet the corrupt men of this nation.....

Omololu007:
Chai! $48bilion loun loun

ZUBY77:
Only?

Idiooots will soon begin to ask what GEJ did with it,
Without subtracting the State allocations and capital projects.

RockMaxi:
This news got to be sweeter on if it had a source.

Sweetguy25:
This money belongs to the Niger delta! We cannot continue to sustain this parasitic relationship in Nigeria! Resource Control NOW!!

naijainfogalery:
$48 Billion Naira yet
- An Average citizen lives below one dollar a day
- Our roads are one of the worst in the world
- Our educational systems crumbling by the day
- Children cant afford ordinary primary education
- Our healthcare are poorly funded
- We cant afford simple amenities of Life

May God judge between us and our leaders, may the cries of the innocent money they are embezzling cry out against them, may the blood of the innocent citizens cry out against them. May they know no peace anyone that is puting the lives of people at risk for their selfish gains..


Nigerians still remains the best country in the universe and what makes us the best is due to our versatility , Igbos , Yorubas and Hausa - We are one

Sweetguy25:


Dude, if there was resource control, there will be better accountability and more efficient wealth distribution. The current system whereby money that was meant for only 40 million people is shared by 170 million people is totally wicked. Kano state has 44 local governments while no state in the Niger Delta has up to 30.

NDDC has nothing to do with this. NDDC's budget is too tiny to achieve anything substantial. Believe me, if it were the yoruba's that owned oil, one kobo will not be given to anybody.

Omololu007:
Chai! $48bilion loun loun

ZUBY77:
Only?

Idiooots will soon begin to ask what GEJ did with it,
Without subtracting the State allocations and capital projects.

Glaxx:
Relax people. The money you saw only came from Shell not all the other multinationals in Naija.

naijainfogalery:
$48 Billion Naira yet
- An Average citizen lives below one dollar a day
- Our roads are one of the worst in the world
- Our educational systems crumbling by the day
- Children cant afford ordinary primary education
- Our healthcare are poorly funded
- We cant afford simple amenities of Life

May God judge between us and our leaders, may the cries of the innocent money they are embezzling cry out against them, may the blood of the innocent citizens cry out against them. May they know no peace anyone that is puting the lives of people at risk for their selfish gains..


Nigerians still remains the best country in the universe and what makes us the best is due to our versatility , Igbos , Yorubas and Hausa - We are one

efilefun:
And the people of niger-delta still languish in poverty? when all the money are been hurdled by the corrupt ones among them.. yet they crying around their son had been evicted from aso rock...mtcheeew

omenka:
Let me secure this seat at the dining table while I go look for maggi to put in the Op's stew.


Edit:
Hmmm. Seems the Op was right after all.

dailyindependentnig.com/2015/04/shell-pays-3b-taxes-royalties-nigeria-govt-2014/

Cc: Lalasticlala.

This explains why Madam Eyes Froggy has been running from pillar to post trying to cushion the impact of her eventual fall. This explains why she insisted the report of the KPMG investigation should not be made public because "a rabid opposition would take advantage of it". Rather only a piecemeal of the report where it was stated $1.5billion was missing was released to the ravenous public to gnaw on.

This country has been bled almost to death under Jonathan. It is a miracle she still survives!!

lastpage:


And l hope you can visit the same Kano state and tell us if any of those LG is better than the average LG in Port harcourt, Enugu or Lagos.

[size=18pt]Resource Control is just a selfish idea which does not solve the Niger Delta problem which is "UNBRIDLED GREED" by the KLEPTOMANIACS in the same NIGER DELTA..... and Abuja![/size]

"Resource Control" can be likened to the "last Child" in a family who throws tantrums because he insists that the whole income of the father must be spent on him alone, .....simply because he is fortunate to be the last borne of the family!

How more stewpid can it get?


[size=13pt]What we need is ACCOUNTABILITY within our Leaders and those who hold the "Purse-Strings" of this Nation...
then JUSTICE and EQUITY within the Federating Units of our Nation.[/size]


Lastpage!