SOWORE for President...

whitebeard:
No

No

No

No

No

No

Do u have any idea how corrupt some VC and staff of universities are..u now what to give them oil well..!!!

No

No

No

The oil is for Nigeria.. Not for a school abeg..!!

This will not improve educational standard in anyway abeg..

U only want those blood sucking lecturers and enemies of progress to have bigger pockets which will lead to a even worse educational system..!!

I prefer it to be giving to schools,hospitals and oil communities than to individuals.

sowore2019:

Calm down, why not take time out to highlight what is wrong with that proposal rather than mixing thing up. Tell us why it is economically sound to allocate such oil wells to individuals rather than universities or oil producing communities.

What am I exactly supposed to "calm down" from? I always have to wonder about people who psychologize over the internet, about the supposed emotional states of people they can't see or hear. I suggest you drop the patronizing nonsense and get to the point next time, as only the stupid will be duped by your transparent attempt at seeming "reasonable" through such language.

As for Sowore's idea, if its patent absurdity isn't obvious to you, I wonder just how much exposure to economics or business you've had, because it shouldn't really need spelling out. Do professors, provosts and university chancellors have any particular expertise in the management of oil wells, or in doing deals with international energy companies like Total, Mobil, Royal Dutch Shell or the like? What happens to the universities' funding as oil prices radically fluctuate, or the oil in the wells starts to run out? Has there been anywhere in the world in which such an idea has been tried and shown to work? What are all those university officials supposed to do if/when the next set of "militants" decides to strike at the oil wells they've been given, or at the pipes leading away from them? And besides all of these questions, aren't these university officials Nigerians like the rest of us, subject to the same temptations to embezzle funds to fund luxurious private lifestyles? What will stop them from awarding themselves or their front-men overpriced contracts through which they can siphon millions of dollars abroad, as we've seen repeatedly with so many Nigerian politicians over the years?

Running a university is nothing at all like being in the oil business, which Sowore would have known if he'd bothered to pay attention during his Unilag days, and even without such knowledge he could have saved himself public embarrassment if he'd first taken a little time to ask for the input of any number of the economists teaching at the Nigerian universities he claims to want to fund this way. In this respect he isn't the slightest bit better than the Dullard from Doura: both men don't even know enough to realize what they don't know, and to consult with those who do know.

Say what you like about Obasanjo, but this is what put his 8 years in power over all others who have come after him: he actually went looking for qualified, respected people to craft policies for him, and he then gave them the necessary backing to implement their plans. That was how Nigeria made major advances like getting the $30 billion Paris Club debt write-off, and the huge investments in mobile telephony that changed what used to be restricted to a privileged few serviced by NITEL into something even street-hawkers are now able to make use of. The wisdom required to know what one doesn't know is something Sowore is manifestly lacking, or he wouldn't continue making one daft public proposal after another.

omohayek:

As for Sowore's idea, if its patent absurdity isn't obvious to you, I wonder just how much exposure to economics or business you've had, because it shouldn't really need spelling out. Do professors, provosts and university chancellors have any particular expertise in the management of oil wells, or in doing deals with international energy companies like Total, Mobil, Royal Dutch Shell or the like? What happens to the universities' funding as oil prices radically fluctuate, or the oil in the wells starts to run out? Has there been anywhere in the world in which such an idea has been tried and shown to work? What are all those university officials supposed to do if/when the next set of "militants" decides to strike at the oil wells they've been given, or at the pipes leading away from them? And besides all of these questions, aren't these university officials Nigerians like the rest of us, subject to the same temptations to embezzle funds to fund luxurious private lifestyles? What will stop them from awarding themselves or their front-men overpriced contracts through which they can siphon millions of dollars abroad, as we've seen repeatedly with so many Nigerian politicians over the years?

All your defense has been encapsulate here, can you tell me the level of expertise the like of Alhaji Mai Daribe, TY Danjuma, Col. Sanni Bello etc has in oil exploration before they were awarded oil blocs? While Sowore is not saying they will be funded wholly from the oil wells, the money that could have gone to all these private pocket can be used by the universities to augment their subvention.

This will be a good read for you

(Nigerian Bulletin)- The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures. The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts.
These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians. Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government t coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency.
The nation loses billions of dollars in diverted revenue whenever any round of auction occurs. OML 110 with high yield OBE oil fields was given Cavendish Petroleum owned by Alhaji Mai Daribe, the Borno Patriarch in 1996 by Sanni Abacha. OBE oil field has estimated over 500 million barrels of oil. In layman’s language and using average benchmark of $100 dollars per barrel, translates to $50 billion dollars worth of oil reserve. When you remove the taxes, royalties and sundry duties worth about 60% of the reserve payable over time you get about $20billion dollars worth of oil in the hands of a family.
OPL 246 was awarded to SAPETRO, a company owned by General Theophilus Danjuma, by Sanni Abacha in 1998. Akpo condensate exports about 300,000 barrels of crude daily.
OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an inlaw to Abdulsalami Abubakar, former Head of State of Nigeria.
OML 115, OLDWOK Field and EBOK field was awarded to Alhaji Mohammed Indimi from Niger State. Indimi is an inlaw to former Military President Ibrahim Babangida. OML 215 is operated by Nor East Petroleum Limited owned by Alhaji Saleh Mohammed Gambo. OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata.
OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo. ASUOKPU/UMUTU marginal oil fields is operated by Seplat Petroleum. Seplat is owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi. This oil field has the capacity of 300,000 barrels of oil daily. This translates to $30million dollars daily at average benchmark of $100 dollars per barrel. Deducting all sundry taxes, royalties etc , this field can yield $12billion dollars daily for the owners. Intel owned by Atiku, Yarádua and Ado Bayero has substantial stakes in Nigeria’s oil exploration industry both in Nigeria and Principe and Sao Tome.
AMNI owns two oil blocks OML 112 and OML 117 which it runs Afren plc and Vitol has substantial stakes in oil blocks. Afren plc is operating EBOK oil fields in OML 67. Vitol lifts 300,000 barrels of Nigerian oil daily. Rilwanu Lukman, former OPEC Chairman has stakes in all these named three companies. OPL 245 was awarded to Malabu Oil& Gas Company by Sanni Abacha. Dan Etete, Abacha’s oil minister owns Malabu Oil.

In 2000, Vice President Atiku Abubakar convinced Obasanjo to revoke OPL 245 given to Malabu Oil. Etete had earlier rejected Atiku’s demand for substantial stakes in the high yield OPL 245 and it attracted the venom of Ota Majesty who revoked the licence. However, in 2006, Obasanjo had mercy on Dan Etete and gave him back his oil block worth over $20 billion dollars. OPL 289 and OPL 233 was awarded during Obasanjo era to Peter Odili fronts, Cleanwater Consortium, consisting of Clenwater Refinery and RivGas Petroleum and Gas Company. Odili’s brother in law, Okey Ezenwa manages the consortium as Vice Chairman. OPL 286 is managed by Focus Energy in partnership with BG Group, a British oil concern. Andy Uba has stakes in Focus Energy and his modus operandi is such that you can never see his name in any listings yet he controls OPL and OML through proxies. OPL 291 was awarded to Starcrest Energy Nigeria Limited, owned by Emeka Offor by Obasanjo .
Immediately after the award, Starcrest sold the oil block to Addax Petroleum Development Company Limited (ADDAX) Addax paid Sir Emeka Offor a farming fee of $35million dollars and still paid the signature bonus to the government. Emeka Offor still retains stake in ADDAX operations in Nigeria. Mike Adenuga’s Conoil is the oldest indigenous oil exploration industry in Nigeria. Conoil has six oil blocks and exports above 200,000 barrels of crude daily.
The oil block national cake sharing fiesta could take twists according to the mood of the Commander-in –Chief at the particular time. In 2006, Obasanjo revoked OPL 246 which Abacha gave to Danjuma because he refused to support the tenure elongation bid of the Ota Majesty. In 2000, Obasanjo had earlier revoked OPL 241 given to Dan Etete under the advice Atiku. However, when the Obasanjo-Atiku faceoff started, the Ota Majesty made a u-turn and handed back the oil block to Etete. During the time of Late President Yarádua , a panel headed by Olusegun Ogunjana was set up to investigate the level of transparency in the award of oil blocks.
The panel recommended that 25 oil blocks awarded by the Obasanjo be revoked because the manner they were obtained failed to meet the best practices in the industry. Sadiq Mahmood, permanent secretary in the Ministry of Petroleum endorsed the report to then president with all its recommendations. As a result of the report Yarádua revoked eleven oil blocks. In April 2011 Mike Adenuga attempted to buy Shell’s OML 30 for $1.2 billion dollars. The Minister for Petroleum and Nigeria’s most powerful woman refused the sale of the OML30 to Adenuga citing national interest. This block was later sold to Heritage Oil for $800 million dollars eleven months later. This oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars. This business is second to none in Nigeria.
That is why any attempt to investigate the activities in this sector will always be futile. The money is so much that they give bribes in millions of dollars. A birthday gift or child naming gift from an oil block owner to a government official could be as paltry as $2million dollars, and if the official’s father died, the condolence gift could reach mere $3 million dollars. When they want to bribe legislators, it is in millions of dollars and any ongoing investigation ends within weeks.
They are so confident that with excess money they can buy up Nigeria and they are succeeding. In the name of competitive bidding, which Obasanjo introduced in 2005, Officials bring companies overnight and through processes best described as secretive and voodooist they award blocks to party faithful, fronts and phoney companies.
During the third term agenda, Obasanjo was deceived that the allocation of oil block to party faithfuls is to fund the third term agenda. With the failure of the third term, the beneficiaries went home with their fortunes and thanked God or Allah for buttering their bread. Senator Andy Uba co ordinate the award of the last rounds of oil block by Obasanjo in 2005 and 2007. The then minister of petroleum, Edwin Daukoru was a mere errand boy who took instructions from the presidential aide.
The regime of President Goodluck is not showing any signs of changing the status quo. Controversies have trailed the activities of the Minister of Petroleum and many players in the Industry accuse her of demanding stakes from every oil deal. It is hoped that President Goodluck Jonathan will remember his transformational promise to Nigerians and endeavour to face the hawks in the oil industry. The angst in the air is so much that if this monster of illegal allocation of oil block is not addressed, the much touted revolution could begin all of a sudden and all who condoned this illegality at the expense of hungry Nigerians may have nowhere to hide.
The religious leaders should tell these oil block beneficiaries, awarders, fronts, brokers and all involved in short changing the Nigerian people to find means or returning all these back to the Nigerian people, through massive development projects. The voice of impoverished Nigerians is crying daily and if care is not taken the God who delivered Nigeria from Abacha dark days will visit them with calamities untold. With the rot in this oil block awarding system and other loot all over the Nigerian nation, something worse than revolution may happen.
Read more: https://www.naija.ng/429772-how-ibb-obasanjo-abacha-shared-nigerias-oil-wells.html#429772

Additional read:
Folorunsho Alakija reveals how she got oil bloc that made her a billionaire
http://dailypost.ng/2018/02/24/folorunsho-alakija-reveals-got-oil-bloc-made-billionaire/

How we award oil blocks - FG
https://www.vanguardngr.com/2013/03/how-we-award-oil-blocks-fg/

omohayek, only in a few cases do economists or scientists make good leaders because their proposals though correct tend to lack empathy needed to give hope to people.

What does Sowore need to do to change nigeria.

1. Eliminate the use of oil revenue to pay workers salaries and overhead expenditure. This should be done in stages. Oil money should only be used for infrastructure spending and national savings.

2. Give Nigerians some semblance of resource control but do not call it resource control. Call it local content or localization of industries. What this means is that industries must be set up close to their raw materials so that taxes from the resources would go to the local populace.

3. Cut down the size of the civil service. Ensure that good workers are not let go. This is a very difficult task and would take many years to accomplish. MDA'S should also be combined.

4. Start a progressive tax policy in Nigeria. Tax peoples houses and cars. The more houses a person owns the higher the rate the person pays. Same with cars.

5. Focus on primary and secondary education. Scrap UBEC, subeb and all other interventions. Scrap tetfund and itf. Scrap any funding agency apart from the ministry of education. Use increased revenues from local taxes to run schools. Use oil money to develop school infrastructure and also furnishings. Massively increase the number of schools and also recruit youth in large numbers to teach. Public schools should be of high quality and must be free.

6. Focus on healthcare and building more hospitals and primary health care centres using oil revenues.

7. Increase the number of police. Combine all paramilitary organizations with the police. Gradually change the weapon of choice from ak47 to pistols.

8. Sell nnpc refineries

9. Invest in decentralized generation and distribution electricity companies. Build economic zones and ensure these zones have all the resources such as electricity, water, labor force, and transportation facilities.

Nigeria does not need a hero to rescue it but a leader with the conviction to make difficult decisions. These ideas are aimed at improving the welfare of the extremely poor.

My personal belief is that this policies are so unpopular, any candidate that openly runs on them would lose the election. Putting the country on a growth path will require painful sacrifices on our part, and Nigerians are not ready for this.

As a candidate, I will read about Roger Douglas of New Zealand, I would listen to professionals like Bode Augusto, but I would sugarcoat my manifesto to prevent the ordinary Nigerian from knowing my plans.

On this note, I will say Sowore is doing well.

Ps
Please Watch this video. Note that taxes in New Zealand were extremely high so reducing taxes was a good thing. Nigeria's case is the exact opposite.

https://www.youtube.com/watch?v=INyMYy-QjxM

sowore2019:
Presidential aspirant Omoyele Sowore has vow to discontinued the allocation of oil wells to individuals if he become the President in 2019. In an online interaction, Sowore said universities, oil producing communities and other national institutions who rely on the FG finances will be allocated oil wells. Hear his argument.


https://www.youtube.com/watch?v=VzfJs8dICd0

Dear Sowore,
I'm highly delighted that U are running for President of this great nation.

I want to help seriously, I want to be part of this movement, I want to be amongst the many who fought diligently for the success and development of this nation.

I'm a graduate of Statistics department, currently running my MSc program in Statistics. I have the time and energy, the skills U definitely need, the zeal and enthusiasm to learn and work to make your genuine desire, our genuine desire for this country come to pass.

If this dream is ever going to be a reality, all hands must be on deck; I hereby offer U my unreserved support. Contact me eappolus@gmail.com

Only universities! what about nursery schools and Sunday schools?

What the federal owned universities need most is autonomy.

This ridiculous and utterly preposterous proposal of allocating oil wells has no historical precedent anywhere.

Presently universities can not bid for the brightest lecturers as they are all compelled to pay the same salaries. Autonomy will give them the independence to pay what it takes to higher the brightest staff.

Just one of the benefits

This guy rakes in followers daily. Don't be amazed if he pulls a Trump . Listened to him on a radio station and I can confess he's got something up his sleeves. Brilliant dude.

Oil wells to Alakija and Danjuma with their goons have further impoverished the Nigerian state. Our universities need massive funding for research and development, and it won't come from the paltry allocation of the yearly padded budget.
Desperate situation requires desperate measure. This submission, can be regulated to birth a new phase in the education sector.

I have decided not to give my vote to reinforce failure neither to the twin that looted the nation dry. Let Omoyele Sowore, Fela Durotoye and Moghalu Kingsly come together for a robust debate and let's have a consensus candidate for 2019. The project 'Daura straight' should all be our collective goal .
If it happened to GEJ it can happen to PMB.

Impossible is nothing!

I felt something like never before when I saw those old ppl begging for their children to be granted access to good life n education.here is d logic according to sowore,d ppl that past n present leaders gave oil wells to how much have de invested in d education sector,i think this idea Will innovate our education n health sector. come to look at it, d world is moving away from oil n gas decades from now, so why don't we get d last grasp of it by opening up d business potentials in our education sector through direct fund access from owing n managing an oil well rather than depend on govt for same oil funds. our ideas change d world

sowore2019:


Because it hasn't been done elsewhere doesn't mean we cannot do it.
From the bolded, how will the so called expert get the funding from FG? when the government is already complaining of insufficient funds. Don't forget that many universities are already venturing in other businesses to augment FG subvention, what will be wrong if they are allocated a viable oil well that will provide enough fund to run the school and relieves government and parent of students rather than just enriching an individual.
On your claim of anarchy in the system, VC's and university council are appointed by the government with a tenure, they can easily be dealt with, a recent example is what happened at FUNAAB, the VC and council chairman were removed and arrainged.

I think giving oil wells directly to university is wrong...
There's no guarantee the university staffs will use the fund judiciously.....
What we need is quality control n effective monitoring in our institution......
Set up an independent body to allocate resources to respective health n educational institutions purely based on performance n needs....
For once let universities in nigeria work hard for the funding they always cry out for.....
However, I applaud your radical n disruptive innovative approach to governance....
This is exactly what africa need n not some recycled stale agenda ......
But pls don't forget restructuring.....
U will win the heart of million of Nigerians if only u embrace this policy.....

grandstar:
What the federal owned universities need most is autonomy.

This ridiculous and utterly preposterous proposal of allocating oil wells has no historical precedent anywhere.

Presently universities can not bid for the brightest lecturers as they are all compelled to pay the same salaries. Autonomy will give them the independence to pay what it takes to higher the brightest staff.

Just one of the benefits

Universities don't want financial autonomy....
What they want is govt to continue funding the university but should not hold them accountable to the funds....
Does that make sense to u.....

SIRTee15:


Universities don't want financial autonomy....
What they want is govt to continue funding the university but should not hold them accountable to the funds....
Does that make sense to u.....

I think a mix of the 2 is needed.

Some funding will be in order so that fees do not become too high. I don't think autonomy should equate to a complete lack of funding.

I believe the federal universities will survive without a kobo of funding if they simply charge full fees but such a move will prove devastating to those from poor backgrounds

grandstar:


I think a mix of the 2 is needed.

Some funding will be in order so that fees do not become too high. I don't think autonomy should equate to a complete lack of funding.

I believe the federal universities will survive without a kobo of funding if they simply charge full fees but such a move will prove devastating to those from poor backgrounds

What every nigerian university need is accountability n autonomy....
Infact, all nigerian institution needs the above...
The idea of not being accountable to money allocated to u is nonsense....
Corruption has eaten deep into the fabric of our institutions such that giving them free money will only worsen things.....
We must force them to sit up.....