Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,566 members, 7,955,101 topics. Date: Saturday, 21 September 2024 at 04:57 PM

Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure (7425 Views)

FG Moves To Securitise NLNG Dividends For $7bn Cash / "No Increase In Petrol Price In March", NNPC Insists. / President Buhari Appoints Edmund Daukoru As Chairman Of NLNG (2) (3) (4)

(1) (2) (Reply) (Go Down)

Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by richidinho(m): 9:08am On Nov 23, 2018
seguno2:


Rotten change of total waste and destruction. That is what they brought.
Should they take us to the next level of their rotten change of total waste and destruction

Godforbid

1 Like

Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Reference(m): 9:09am On Nov 23, 2018
richidinho:
lol..i thought they claimed tto have brought change

At the end Atiku will be vindicated

Unbundling and privatization of NNPC is the best thing that will ever hapen to our country

the NLNG itself is been run by private sector that is why the govt is able to get up to $5bn from them but instead of that money to be paid directly to govt account, it is paid to the NNPC who then spend it any how without due process

At least in the past they admitted to paying subsidy. The admission led to scrutiny. The scrutiny led to the detection of massive corruption. Now there is no admission of subsidy, thoughtless of scrutiny (see as they have been hiding and playing hardball). So what do we expect that has happened to funds used secretly....
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by buhariguy(m): 9:16am On Nov 23, 2018
jmaine:


What nonsense are you talking about? .. What Racoon posted is also very relevant here. It's time to stop this "my thief is better than your thief" excuses..

There is a current serious infraction, Baru decision to open the entire book since 1999 is welcome. Nevertheless, we will also robustly discuss why Mr Dis-integrity as the Minister of Petroleum resources is busy siphoning funds he was meant to watch over
what baru is saying is that, PDP withdraw money since 1999 for campaign,
But he only borrowed from nlng account for UNDER RECOVERY
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by buhariguy(m): 9:28am On Nov 23, 2018
Reference:


At least in the past they admitted to paying subsidy. The admission led to scrutiny. The scrutiny led to the detection of massive corruption. Now there is no admission of subsidy, thoughtless of scrutiny (see as they have been hiding and playing hardball). So what do we expect that has happened to funds used secretly....
no subsidy again, it is the business of nnpc to provide fuel,
Even if the landing cost increase to 250 naira per litter, pump price will still be 145 naira.
Nnpc will get the Money back to nlng account when the landing cost reduce below 140 naira.
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Reference(m): 9:32am On Nov 23, 2018
buhariguy:
what baru is saying is that, PDP withdraw money since 1999 for campaign,
But he only borrowed from nlng account for UNDER RECOVERY

If the NNPC was your personal company and you sacked the former manager for massive corruption and you are now hearing this.... illegal withdrawal for 'under recovery'.... whatever that is, what exactly will you do...?
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Reference(m): 9:44am On Nov 23, 2018
buhariguy:
no subsidy again, it is the business of nnpc to provide fuel,
Even if the landing cost increase to 250 naira per litter, pump price will still be 145 naira.
Nnpc will get the Money back to nlng account when the landing cost reduce below 140 naira.

In a functional democracy if this statement of yours is official it is enough to get someone sacked. There are laws mandating full disclosure especially when it comes to expending public funds for the public good. Hear me well. IT IS ILLEGAL TO EXPEND PUBLIC FUNDS WITHOUT APPROPRIATION. IT IS A CRIMINAL OFFENCE anywhere in the world. The NNPC has no right to pay sums to subsidise, stabilize, trade-iin... or any other colorful word you wish to use without legislative approval, period. The NNPC cannot be bigger than the laws that guide its operations.

Issues of petroleum availability and pricing are key national issues that go beyond the NNPC to affect our national security, developmemt, the greater economy, investments and all these issues have been debated for decades in this country. We as a people should know the implications of what government spends and what is costs to maintain certain prices. It is our money. The NNPC is not a private organisation.
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Egbo2015: 10:27am On Nov 23, 2018
Am in support of NNPC full disclosure of the account from 1999-2018,for us to compare between both of them that is APC and PDP.
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Lomprico2: 10:36am On Nov 23, 2018
buhariguy:
but the party has rule for 16yrs,
Even since 1986, they are the cause of Nigeria problem till tomorrow.

U dint answer what I asked! Has atiku ruled nigeria before??
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by buhariguy(m): 11:31am On Nov 23, 2018
Lomprico2:


U dint answer what I asked! Has atiku ruled nigeria before??
yes for 8yrs
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Toseenlove: 12:50pm On Nov 23, 2018
seunmsg:
Racoon or whatever you call yourself, you can open a new thread with your post instead of trying to derail this one. The purpose of this thread is to support NNPC's call for full disclosure if how NLNG dividends have been expended till date. With that, Nigerians can then decide on the administration that managed the dividends better instead of trying to play politics with the issue.

Lol to what end, As if it will add one kobo your account. Nigeria is a hell on earth.
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Lomprico2: 3:29pm On Nov 23, 2018
buhariguy:
yes for 8yrs

Mooo mooo!
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by jmaine: 4:44pm On Nov 23, 2018
buhariguy:
what baru is saying is that, PDP withdraw money since 1999 for campaign,
But he only borrowed from nlng account for UNDER RECOVERY

What Baru is doing simply to say, "No be you holy pass".. No matter where he twitches and changes shape too..

He is indicted together with Mr Dis-integrity..
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Ayobami7(m): 5:01pm On Nov 23, 2018
ok
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by thegreengooner(m): 9:17am On Nov 30, 2018
iammo:
Let their books be audited, NLNG was a secret cash house for corruption for PDP since inception. People mostly focus on the barrels of crude oil we sell, and ignore the cubic volume of gas we sell. If APC government wants to offer full disclosure since 1999, then its a very good one. Dunderheads with penchant support for corruption would try hard to want us not to support this, since PDP couldn't audit it all this while, they would blame and frustrate the once that want to audit it. We remembered how the PDP controlled senate did absolutely nothing when sanusi raised an alarm that money wasn't remitted to the tune of $20bn under PDP federal government.

Your post reeks of ignorance....NLNG is a private company and was at no time a cash house for any political party.

All the production volumes from 1999 are publicly available in the annually published NLNG Facts and Figures.

Dividends have always been paid into the nominated shareholder accounts....please check well before you start crying in public
Re: Unauthorized Withdrawal Of NLNG Dividends: NNPC Insists On Full Disclosure by Nobody: 10:23am On Nov 30, 2018
buhariguy:
but the party has rule for 16yrs,
Even since 1986, they are the cause of Nigeria problem till tomorrow.

A toddler has more brain than you. They ask you if Atiku has rule nigeria before and your calling party. Is APC in charge of Nnpc or the president?

Nawa ooo. Your head need oil

(1) (2) (Reply)

See Crowd from Buhari Presidential Campaign Kick-off In Akwa Ibom - [Photos] / Ndume: Continuous Borrowing To Fund 2022 Budget Worrisome / Ortom Offers Scholarship To A Widow's 6 Kids Up To University Level

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 28
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.