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President Buhari Assents To The Bill Amending The Deep Offshore Act - Politics - Nairaland

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President Buhari Assents To The Bill Amending The Deep Offshore Act by wwwihy: 4:49pm On Nov 04, 2019
President Buhari assents to the Bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act,

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Nobody: 4:54pm On Nov 04, 2019
He assented to it in London?

Or his chief of staff did?

These cabals are deadly

40 Likes 6 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by idesylvester(m): 4:54pm On Nov 04, 2019
So na bubu write this English...hmmm is not like I'm complaining ooo

Anyways, it's a good development only if it will affect the common man positively. I'm only waiting for the day fuel will get back to it's normal price as it used to be...ManaBBgrill help us talk to ur immediate father na

18 Likes 2 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by budaatum: 4:59pm On Nov 04, 2019
WHAT NIGERIA STANDS TO GAIN FROM THE AMENDMENT

Nigeria is projected to earn an additional income of $1.4 billion annually from international oil companies operating in the country if the bill seeking to amend a particular section of the act is passed into law.

Section 16 of the act states: “(1) The provisions of this Act shall be subject to review to ensure that if the price of crude oil at any time exceeds $20 per barrel, real terms, the share of the government of the Federation in the additional revenue shall be adjusted under the production sharing contracts to such extent that the production sharing contracts shall be economically beneficial to the government of the Federation.”

Although various stakeholders have been calling for a review of the act, there are fears that it might scare away investors from the oil sector.

https://allafrica.com/stories/201910290604.html

5 Likes 2 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Glorymax: 5:08pm On Nov 04, 2019
MelesZenawi:
He assented to it in London?

Or his chief of staff did?

This cabals are deadly

The question I have in mind. Maybe he assented to the bill before he travelled to the Kingdom of Saudi Arabia
The news should state the date of Mr President's assent to the bill, else it will remain in the present tense if posted tomorrow or next year even

6 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by PassingShot(m): 5:17pm On Nov 04, 2019
MelesZenawi:
He assented to it in London?

Or his chief of staff did?

These cabals are deadly
Common sense isn't common after all.

7 Likes 3 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by PassingShot(m): 5:19pm On Nov 04, 2019
PMB has really tried for Nigeria. May God bless him more with good health.

21 Likes 3 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by freeze001(f): 5:20pm On Nov 04, 2019
There's usually a date on tweets.
Glorymax:


The question I have in mind. Maybe he assented to the bill before he travelled to the Kingdom of Saudi Arabia
The news should state the date of Mr President's assent to the bill, else it will remain in the present tense if posted tomorrow or next year even

2 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by PassingShot(m): 5:20pm On Nov 04, 2019
Kiddies up there, the president can assent to any bill from anywhere in the world. It's evident this particular one was assented to in UK.

Buhari is not on vacation but on a private visit which means he is still performing presidential duties except the ones he delegates to his VP.

20 Likes 4 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Glorymax: 5:37pm On Nov 04, 2019
freeze001:
There's usually a date on tweets.

Yes, seen already that the tweet came out earlier today. The question we are asking is whether Mr President assented to the bill in London or back home. He is on 2 weeks vacation.

4 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by ORIENTATION101: 5:39pm On Nov 04, 2019
Glorymax:


Yes, seen already that the tweet came out earlier today. The question we are asking is whether Mr President assented to the bill at London or back home. He is on 2 weeks vacation.
how is it your major problem.p obviously he assent to the bill in uk. What u should be worried about is if the bill will impact Nigeria economy

3 Likes 1 Share

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by MANNABBQGRILLS: 7:19pm On Nov 04, 2019
Very good development.
We can now earn foreign exchange from the oil companies in Nigeria.

May God Almighty continue to bless, protect and guide our darling Daddy President Muhammadu Buhari as he is doing all he can to make this once battered and raped nation work again.

May God give him more wisdom, knowledge and understanding as he makes our country a land flowing with milk and honey.

God bless Nigeria.

airminem:
Good. Now we can earn more foreign exchange from oil companies in NAIJA
You are so in our mind sis.
God bless you ma.
PassingShot:
PMB has really tried for Nigeria. May God bless him more with good health.
Amen in Jesus mighty name.
Insha Allah.
God bless you real good too patriot.
You are a good man that want the country to work.
Stay blessed Chairman.

10 Likes 3 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by salford: 7:20pm On Nov 04, 2019
He probably doesn't even understand what he is is signing grin

3 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by MANNABBQGRILLS: 7:20pm On Nov 04, 2019
idesylvester:
So na bubu write this English...hmmm is not like I'm complaining ooo

Anyways, it's a good development only if it will affect the common man positively. I'm only waiting for the day fuel will get back to it's normal price as it used to be...ManaBBgrill help us talk to ur immediate father na
Just One question : Are you also happy that since PMB became President we have experienced no fuel shortage and all the long queue we experienced each and every December for 6 straight years that your Ogogoro daddy (jona) was in power?

Anyways, Happy wailing to you and your ilks for the next 4 years.
The more you wail, the more the country progress.

16 Likes 2 Shares

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by MrVagina: 7:20pm On Nov 04, 2019
[s]
post=83742530:
okay
[/s]
shatap
waiting

6 Likes 1 Share

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by hisgrace090: 7:20pm On Nov 04, 2019
What does the bill stand for pls someone should explain better.

2 Likes 1 Share

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by dermmy(m): 7:20pm On Nov 04, 2019
Assets? Op pls correct that on the front page.
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by seanjy4konji: 7:20pm On Nov 04, 2019
Off a all the oil...he keeps borrowing billions.

One step forward a thousand step backward.

Dullard cow herder

4 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by BlackCrainte: 7:21pm On Nov 04, 2019
God bless His Excellence President Mohammadu Buhari (GCFR)

5 Likes 1 Share

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Promismike(m): 7:21pm On Nov 04, 2019
Are u sure baba knows wat he is signing grin

4 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Nobody: 7:21pm On Nov 04, 2019
grin
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Nobody: 7:21pm On Nov 04, 2019
No other asset can be as deep in graphic processing as the 2GB NVidia dedicated GPU that comes in this beast of an Alienware 15 for sale here https://www.nairaland.com/5500274/alienware-15-gaming-laptop-sale (photos and price)
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Rexnegro(m): 7:21pm On Nov 04, 2019
that's awesome
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by ednut1(m): 7:21pm On Nov 04, 2019
Mamman Daura not pmb

3 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Netanya(f): 7:22pm On Nov 04, 2019
Out of everything to do
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Zico5(m): 7:22pm On Nov 04, 2019
Nigeria president accented to bill of magnitude importance to Nigerians in United Kingdom. This means much to us. Nigeria is finished.

3 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by airminem(f): 7:22pm On Nov 04, 2019
Good. Now we can earn more foreign exchange from oil companies in NAIJA
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by RTSC: 7:23pm On Nov 04, 2019
Signing a Nigerian bill in London.

Kai
Is there nothing sacred in Nigeria?

3 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Elitedezigns: 7:23pm On Nov 04, 2019
lipsrsealed lipsrsealed dey don't know wariz going on!!
Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Temptee101(m): 7:23pm On Nov 04, 2019
shocked

Assets or assents to? Okay o

The same bubu in Saudi or jubril of Sudan?

Or was it mamman daura or kyari?

Or mamman daura's daughter or bubu inlaw or distant second cousin that assented to the bill?

Because all of them and the entire bubu's extended family belong to the presidency

Bubu has converted aso villa to family reunion and club house

Turned our democracy to a monarchy

Spits

5 Likes

Re: President Buhari Assents To The Bill Amending The Deep Offshore Act by Cutefergieee: 7:23pm On Nov 04, 2019
Ok

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