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Buhari Appoints Board Members For Privatised Company - Politics - Nairaland

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Buhari Appoints Board Members For Privatised Company by dre11(m): 4:46pm On Dec 31, 2017
Yet another blunder — Buhari appoints board members for privatised company


by Chidi Chima


And so, the comedy of errors in Friday’s appointment of board members by President Muhammadu Buhari continues…

Dead people were nominated. Names were duplicated. Board members were appointed for positions that are statutorily elective.

How about appointing board members for a company that the federal government has privatised through concession after a crisis spanning eight years?

In the list released by the office of the secretary to the government of the federation, Aluko Julie Olubukola, C. C. Udenwa, Iro Danfuloti and Mohd Omeiza Lawal were announced as board members of the National Iron Ore Mining Company (NIOMCO), Itakpe, Kogi state.

On August 1, 2016 — well over a year ago — the federal government renegotiated the concession agreement with Global Steel Holdings Limited (GSHL) for NIOMCO, Itakpe.



NO SMILES… Mittal and Fayemi exchanging documents of the re-negotiated Itakpe concession agreement at the presidential villa in Abuja on Monday, August 1, 2016. NAN PHOTO



GSHL “reverted” the Ajaokuta Steel Complex to the federal government — to free it from all “contractual encumbrances” that had left it uncompleted and non-functional for decades — but retained NIOMCO.

The new agreement, coming after four years of mediation, was signed at a ceremony presided by Vice-President Yemi Osinbajo, in his office at the presidential villa.

Kayode Fayemi, minister of solid minerals and steel development, signed on behalf of the government, while Prammod Mittal, chairman of GSHL, signed for his company.

Federal government was even able to negotiate a higher concession fee payable by GSHL from 3% of turnover to 4%.

And the government has now managed to appoint board members for a company it has concessioned!

TheCable understands that the confusion came from “lack of consultation” with the ministry before the list was released.

“The list was prepared in 2015, but the concession agreement was signed in 2016,” a presidential source told TheCable.

https://www.thecable.ng/yet-another-blunder-buhari-appoints-board-members-privatised-company

1 Like

Re: Buhari Appoints Board Members For Privatised Company by shukuokukobambi: 4:51pm On Dec 31, 2017
cheesy cheesy cheesy

The goofing is on another level. At this rate, Abba Kyari and Mamman Daura will soon be nominated into the board of GLOBACOM by Buhari. The FG is on a roll mehn!! cheesy

255 Likes 18 Shares

Re: Buhari Appoints Board Members For Privatised Company by sholatech(m): 4:52pm On Dec 31, 2017
Still not surprised..is it not Pmb administration? Always expect the unthinkable

124 Likes 5 Shares

Re: Buhari Appoints Board Members For Privatised Company by kingphilip(m): 5:21pm On Dec 31, 2017
This is laughable


“The list was prepared in 2015, but the concession agreement was signed in 2016,” a presidential source told TheCable.

More goofs and more excuses accompanying them..

It took 6 months to get incompetent ministers while its taking 2 years, 7 months to get board members and chairmen comprising dead individuals too


May God help Nigeria and Nigerians in the coming year

174 Likes 12 Shares

Re: Buhari Appoints Board Members For Privatised Company by SalamRushdie: 5:23pm On Dec 31, 2017
This is the clueless character some zombies want us to entrust our lives with for 8 years , a man that makes Nigerians lose an average of 5 million jobs a year meaning in 8 years over 50 milliin jobs would have been lost ..We have to help Buhari and send him back to Daura #BACK2DAURA

151 Likes 12 Shares

Re: Buhari Appoints Board Members For Privatised Company by SalamRushdie: 5:24pm On Dec 31, 2017
sholatech:
Still not surprised..is it not Pmb administration? Always expect the unthinkable

You are right

11 Likes

Re: Buhari Appoints Board Members For Privatised Company by kinginglord: 5:48pm On Dec 31, 2017
it's 2018, after that 2019, so cheer up

11 Likes 1 Share

Re: Buhari Appoints Board Members For Privatised Company by Daviddson(m): 5:54pm On Dec 31, 2017
This Cable and their unending gaffes. Have they done their own findings because the concessioning agreement may not have "dis-empowered" the FG from appointing a board for the firm. This was the same way they said Yusuf had been flown abroad - giving in depth details of how he was wheeled to the plane, only to retract it a day after.

10 Likes 1 Share

Re: Buhari Appoints Board Members For Privatised Company by sorom4: 5:55pm On Dec 31, 2017
President of the Living and the Dead. We can't wait till 2019 oh. The National Assembly should come to the rescue

15 Likes

Re: Buhari Appoints Board Members For Privatised Company by DieBuhari: 5:56pm On Dec 31, 2017
When we said that Buhari should provide his WAEC certificate, Yoruba Muslims said they will vote for him even if he presents NEPA bill as certificate.

Now see where we are!

128 Likes 7 Shares

Re: Buhari Appoints Board Members For Privatised Company by DieBuhari: 5:58pm On Dec 31, 2017
Daviddson:
This Cable and their unending gaffes. Have they done their own findings to be sure the concessioning agreement did not preclude the FG from appointing a board for the firm. This was the same way they said Yusuf had been flown abroad - giving in depth details of how he was wheeled to the plane, only to retract it a day after.

105 Likes 8 Shares

Re: Buhari Appoints Board Members For Privatised Company by Daviddson(m): 6:01pm On Dec 31, 2017
DieBuhari:

....
Ignored. cheesy

3 Likes 1 Share

Re: Buhari Appoints Board Members For Privatised Company by JONNYSPUTE(m): 6:02pm On Dec 31, 2017
I don't know what to say again

3 Likes

Re: Buhari Appoints Board Members For Privatised Company by Decibel: 6:11pm On Dec 31, 2017
When I warned those packaging/rebranding the Fulani herdsman in 2014/2015 election season, they called me names labeled me a corrupt advocate who had benefited from Otuoke man's largesse. My voice was like that of a lone ranger. I also told them that Buhari and everything about him are contraband goods in a political market. grin

82 Likes 6 Shares

Re: Buhari Appoints Board Members For Privatised Company by naijadefender: 6:16pm On Dec 31, 2017
SalamRushdie:
This is the clueless character some zombies want us to entrust our lives with for 8 years , a man that makes Nigerians lose an average of 5 million jobs a year meaning in 8 years over 50 milliin jobs would have been lost ..We have to help Buhari and send him back to Daura #BACK2DAURA

I concur

38 Likes 2 Shares

Re: Buhari Appoints Board Members For Privatised Company by Decibel: 6:19pm On Dec 31, 2017
Appointment of dead People: Buhari running an all-inclusive Government - Lai Mohammed grin

113 Likes 9 Shares

Re: Buhari Appoints Board Members For Privatised Company by Jesusloveyou(m): 6:23pm On Dec 31, 2017
shukuokukobambi:
cheesy cheesy cheesy

The goofing is on another level. At this rate, Abba Kyari and Mamman Daura will soon be nominated into the board of GLOBACOM by Buhari. The FG is on a roll mehn!! cheesy
this is a prove that the list was approved early 2016 before buhari went for his first medical vacation

1 Like

Re: Buhari Appoints Board Members For Privatised Company by AlienRobot: 6:27pm On Dec 31, 2017
Why not appoints the dead as usual?

5 Likes

Re: Buhari Appoints Board Members For Privatised Company by Jesusloveyou(m): 6:27pm On Dec 31, 2017
kinginglord:
it's 2018, after that 2019, so cheer up
till 2023.

3 Likes 2 Shares

Re: Buhari Appoints Board Members For Privatised Company by shukuokukobambi: 6:28pm On Dec 31, 2017
Jesusloveyou:
this is a prove that the list was approved early 2016 before buhari went for his first medical vacation

But it should have been vetted before release na!!

It also shows horrible inertia. What stopped the list from being released since over a year ago despite it being ready?

25 Likes 2 Shares

Re: Buhari Appoints Board Members For Privatised Company by Wealthyman01: 6:41pm On Dec 31, 2017
I am beginning to believe that there are organised forces working right inside the presidency to rubbish is govt. SMH.

1 Like

Re: Buhari Appoints Board Members For Privatised Company by gbegemaster(m): 6:42pm On Dec 31, 2017
Useless government

3 Likes

Re: Buhari Appoints Board Members For Privatised Company by Nobody: 6:42pm On Dec 31, 2017
smiley
Re: Buhari Appoints Board Members For Privatised Company by gbegemaster(m): 6:42pm On Dec 31, 2017
Jesusloveyou:
this is a prove that the list was approved early 2016 before buhari went for his first medical vacation
And so?

7 Likes

Re: Buhari Appoints Board Members For Privatised Company by gbegemaster(m): 6:43pm On Dec 31, 2017
SalamRushdie:
This is the clueless character some zombies want us to entrust our lives with for 8 years , a man that makes Nigerians lose an average of 5 million jobs a year meaning in 8 years over 50 milliin jobs would have been lost ..We have to help Buhari and send him back to Daura #BACK2DAURA
I'm in full support #BACK2DAURA

23 Likes 2 Shares

Re: Buhari Appoints Board Members For Privatised Company by MISTAICEY02288(m): 6:43pm On Dec 31, 2017
shocked

The height of incompetency..
The worst President in history of Nigeria.
I curse the day this foolani blockhead was sworn into power..
Tufiakwa...
By the way, where are the BMC eediots. Hope they have explanations for this one too... SMH

30 Likes 4 Shares

Re: Buhari Appoints Board Members For Privatised Company by Midgut(m): 6:44pm On Dec 31, 2017
g
Re: Buhari Appoints Board Members For Privatised Company by doctokwus: 6:44pm On Dec 31, 2017
Oh God,help and deliver us from Buhari!

7 Likes

Re: Buhari Appoints Board Members For Privatised Company by honestivo(m): 6:44pm On Dec 31, 2017
These errors must end with this year

4 Likes 2 Shares

Re: Buhari Appoints Board Members For Privatised Company by Beehshorp(m): 6:44pm On Dec 31, 2017
The living are jobless while the dead are busy getting federal appointments...

20 Likes

Re: Buhari Appoints Board Members For Privatised Company by hedonistical: 6:44pm On Dec 31, 2017
Just negodu. This shouldn't surprise anyone. Coming from a senile idiot whose brain is still stuck in the early 1980s. A man who still refers to 'West Germany' to this day and who absent-mindedly addresses Osibanjo as 'Tunde' (thinking that the long deceased Tunde Idiagbon is still his deputy).

27 Likes 3 Shares

Re: Buhari Appoints Board Members For Privatised Company by gurunlocker: 6:44pm On Dec 31, 2017
Zombies will go in their cave, the foolish one will come out to show their stupidity and defend as always...

20 Likes 2 Shares

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