vanbonattel: I love the yorubas, if not for them, Africa won't find out that oil could be extracted from palm fruits. It was the yorubas who taught all of Africa how to do palm oil and use it to cook food. Without the yorubas, Africa will be a wasteland.
Lol......the sense of triumphalism and self adulation is particularly well developed and heightened in Ndiyoruba.......unfortunately it has not made same garri cheaper in the market....since they packed themselves into Aso rock!
blacksam01: Read well brought isreali official... There are lots ND lots of diplomatic drive initiated by Iran going in in many countries... Isreal only has to heed calls of the middle parties.. another will take place in Cyprus...
No war ends by victory at the front.. it's usually around a round table.. isreal knows this are open to negotiating as well..
But I still need Ayatollah to vacate the seat he has killed so many irianisns.. imagine ordering the bombing if a civilian airplane full of Iranians fleeing the country to the west because of total collapse of the economy..
A whipping 271 innocent civilians
You must be a dunce for believing such western propaganda!
crossbreedwears: Less than 4 years from now, he will leave office and the next president will reverse most of his stupid policies
No go develop your wor wor country......your clueless president is busy awarding 12 billion dollar coastal Road to his business partners but has not even attempted to solve our electricity problem o! Una no serious for that country
favor914: the question @ hand is why are you importing a radio transmitter into Nigeria for, does he work or own a radio station?
Or is it true that Mazi is the managing director of Biafra Radio?
Your constitution guarantees freedom o expression oga!
Thanks to his boldness and courage...Kanu has ensured your fundamental rights as a human bring in Nigeria is tested and proven in the high temple of justice! You are ronu now.....how can you appreciate courage.....eee no dey your DNA
Taba21: Across from the Niger are Yoruba and Hausa, you guys don't understand that we don't need your presence in Delta state, but always want to force yourself on others.
If you like listen
...dis one sef dey claim delta state! Go out a d compete ....we are all in Nigeria!
kettykin: used to loathe the sight of hotels — especially the endless parade of them in the East. But let’s be honest: their overwhelming presence ironically enhances the skyline, lending the capital a kind of accidental sophistication.
But enough sentiment. Let’s cut to the chase: at what point does it all collapse into oversupply?
How many rooms do you think a city of 4 million like Enugu need? ENUGU does not have a single 5 star hotel, how do you attract millionaire investors? You want t them to stay in toscono and jabina 2 for a penny short time hotels with soiled bed sheets and roaches?
Chilipepper: Wetin woman no go see for marriage? 😩 Man allegedly steals the N2m his wife hustled for their sick child, uses it to gamble and lodge side chick.
Content creator who films exotic cars in Lagos captures the moment pastor Adefarasin allegedly flashed him a gvn for filming his car. pic.twitter.com/DFYlTY4i1N
ogododo: In December 2024, eight months after it was incorporated, Panout Oil and Gas Limited was awarded two oil blocks—PPL 300 and PPL 301-CS—in what the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) hailed as a “keenly competitive process.”Nigerian cultural tours
On May 14, 2024, the Nigerian government made headlines when it announced the official start of bidding for oil blocks in the country as part of the 2024 marginal fields bid round.
Speaking at the Miami, Florida International Roadshow in May 2024, Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), declared the bidding process officially open.Nigerian cultural tours
He also noted that although the exercise had first been announced on April 29, 2024, it marked a significant step forward in Nigeria’s strategic hydrocarbons development plan.
Nigerian cultural tours The Bola Tinubu government called for applications to acquire 12 oil blocks and seven deep offshore assets.
Interestingly, SaharaReporters has learned that just eight days before this official commencement of bidding—on May 6, 2024—a company named Panout Oil and Gas Limited was registered with the Corporate Affairs Commission (CAC). This newly formed company would later participate in bidding for oil block licenses in the same round and win two oil blocks.
By June 12, the government had further expanded the offer, announcing an increase in the number of oil blocks available in the 2024 marginal bid round.
In December 2024, eight months after it was incorporated, Panout Oil and Gas Limited was awarded two oil blocks—PPL 300 and PPL 301-CS—in what the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) hailed as a “keenly competitive process.”Nigerian cultural tours
However, a closer look at the bidding criteria published by the NUPRC has raised serious questions about how Panout Oil and Gas Limited—a company registered just two days before the official bid announcement—managed to secure two of the coveted oil blocks.
According to the pre-qualification guidelines available on the NUPRC website for the 2024 marginal bid round, the agency stated, "Prospective Bidder or Bidder which is a newly incorporated company in Nigeria, shall be qualified with the information of the parent company or aggregate information of its shareholders and their affiliates."Nigerian cultural tours
Checks, however, reveal that Panout was registered as an independent company with the CAC, not as a subsidiary of any other entity.
A review of the company’s beneficial ownership records in the CAC registry shows that only one individual—Alao Saheed Olatubosun—is listed as having significant control. In fact, the data indicates that he owns 100% of the shares, with no other shareholders or corporate ownership listed. This suggests that Panout is not linked to any parent company.
Regarding the requirement for "financial viability assurance," the NUPRC listed the following conditions: “Statement of Profit or Loss & Comprehensive Income; Statement of Financial Position (Balance Sheet); Statement of Change in Equity; Statement of Cashflow; Notes to the Accounts; Auditor’s Report; Management’s Discussion; Governance and Ownership Structures; Five (5) years of Financial Summary."
It remains unclear how a company that was only two days old before the bid announcement—and just eight months old when the winners were announced—was able to meet the NUPRC’s financial and documentation requirements.
Other conditions listed include evidence of a verifiable source of funding, which may be any of the following: Minimum average annual turnover of US$200 million for deep offshore; minimum average annual turnover of US$50 million for onshore and shallow water assets; minimum cash in bank of US$200 million for deep offshore; minimum cash in bank of US$50 million for onshore and shallow water assets; bank guarantee to the tune of US$200 million for deep offshore; bank guarantee of US$50 million for onshore and shallow water assets and a market capitalisation of not less than US$1 billion for deep offshore and US$200 million for other categories.
The sole listed owner of Panout, Alao Saheed Olatubosun, is also the Chief Executive Officer of Blueprint Business Technology, an IT firm.
A review of the company’s website by SaharaReporters found no evidence that Panout Oil and Gas Limited is listed as a subsidiary or affiliate of Blueprint Business Technology.
SaharaReporters attempted to reach the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) through the contact number published on the 2024 licensing round portal, which is said to be operational 24 hours a day for inquiries. However, the line failed to connect.Nigerian cultural tours
As of the time this report was filed, text messages sent to the number seeking comment had not received a response.
Pass the information to the awa oyel groups in Niger delta.......chinedu and chukwuma are busy making money in their 10 x 10 shops........nothing concern us for dat one!
AMINDA: It's quite clear to the discerning that the President and the Vice President are not in good terms. Hakeem Baba Ahmed served under the Vice President's office and when you juxtapose that with the opposition coming from the Borno bloc ( Zulum, Ndume, Monguno), you will begin to get the picture.
By the way, what happened to the Tax bills? The government seems to have lost interest in it after Shettima and the governors had their way. So the major reason for wanting to pass it in the first place was the increase in VAT and the derivation sharing formula? The President and his Vice's relationship went downhill ever since that episode, perhaps even before then. Shettima might fight Tinubu by proxy if rumours of his replacement turns out to be true.
APC is a good party........it has achieved all its goals! make its members rich and suppress the southeast!
femisplash: Enough talk about China-US trade tangles, maybe not enough talk but a shift away from that to China- Nigeria/Africa's more significant emerging opportunities. China is not only turning to Nigeria or Africa in trade market, she is also set to deliver $51billion investment, aid, and loans over the next two years beginning as recently as 2024. Particularly that African Continental Free Trade Area (AFCTA) opens up the possibility of cross-border value chains developing in Africa. Most of the goods that China imports from Africa are natural resources , in return, Chinese companies export a wide range of goods to Africa, including manufacturing products, Agricultural, industrial machinery , vehicles, etc. A 2019 statistics, for example, shows Chinese contractors accounted for about 60% of the total value of construction work in Africa, this is bonkers! - in a good way, I mean. So, here's the deal, a desperate Xi Jinping looking to diversify his country's market and dependency on the US market, seeing Nigeria being the biggest market for its products in Africa, will strike a deal on Nigeria's own terms. I expect the minister of trade and investment push a near perfect deal on the table of Mr President. This is where we're back to the China-Nigeria currency swap. Renewal of Naira/Yuan deal from $2billion to as low as $10billion as kick off. As well as more emphasis on capital goods coming in to stimulate local industrialization. That should be the sweet juice we should squeeze out of the deal. A desperate Xi Jinping would not hesitate accelerating its approval in 1week while FG puts on a big smile.
Nigeria is not China's biggest market in Africa; South Africa is substantially larger!
Glimpsetv: Nigerian activist VeryDarkMan has criticized Reno Omokri following a recent post in which Omokri shared a photo of himself shaking hands with President Tinubu at the presidential villa, stating that he spent Independence Day with the president. In response, VeryDarkMan played a video of Omokri protesting against Tinubu during his visit to the UK (Chatham House) during the 2023 presidential campaign.
VeryDarkMan then read one of Omokri's past posts about Tinubu and asked, "Reno Omokri, what are you doing with someone you once called a drug lord? Do you want to learn how to sell drugs? I'm just curious, o; it's none of my business! You can clearly see that you lack integrity.
By the way, I won’t pretend I didn't know that you begged a lot of people to help you meet Tinubu. I saw many people you pleaded with to arrange a meeting. In 2023, you were campaigning for Atiku. I know politics is a dirty game, but at least have some integrity."
Watch the full video and let us know your thoughts in the comments.
I doff my hat for Mazi nnamdi Kanu........hate him ,loathe him but give to him .......he is a man of integrity! Nigerians have never experienced selfless leadership so the unfortunates in nigeria can never recognize good leaders! nearly 3 and half years in detention Kanu remains unshaken!
Godwin4444: I wonder where they keep their sense in that part of Nigeria
Everything to them is violence, burn down,kill, destroy n co
N they want other regions to copy this absurd way of life
There is a belief that the fulani hawks in the federal government are desperate to plant fulani culture and DNA in Alaigbo ASAP using Hopless uzodimma as a battering ram.........was it not the mumu governor that urged fulani men to begin to wife Igbo girls...............that will not be allowed to happen in the southeast........the facilities can be rebuilt when a sensible governor takes power!
uuzba: Oyibo ways of coat and tie, speaking English office work has ended. We go back to our African village life. Plant yam in your backyard. Farm on any piece of land you have. Western civilisation has failed us. It doesn't work here.
That is where God is taking all of us to! My counsel to non lagosians...move back to your villages,at least practice your craft from the comfort of your rent free house in the village! Ndigbo must go back home and develop new lines of income at home,whilst operating from the villa! Innosson operates from his fathers compound in nnewi........Obijackson flies(port harcourt) to work every morning from his palatial home in Okija! In fact my house in the village is 4 times as big as the one in surulere.......I operate from my villa, when i need to fly to yankee,i do so from PH or Lagos................yes my income took a beating but i have almost regained from going back home!
viqSmallz: The more we treat the Nigerian Customs Service as revenue generating the more trade suffers. For the NCS their major target is to increase revenue, and this is not supposed to be so for an agency meant to facilitate trade. You don't tax heavily when you don't have stability in local production. Imagine the Nigerian Customs posting more revenue than the entire manufacturing sector. It is laughable, and this is why the cost of things is high. When there is an increase in the exchange rate, it is immediately affected on their portal, so irrespective of when you import, you will pay the prevailing rate. This also happens when there is a drop in the rate, but we rarely see the drop happen.
With the struggling times, the Presidency through the Ministry of Finance should have pegged the exchange rate of customs to around 500Naira/1dollar, this will stimulate trade increase, but like I said NCS is not for trade facilitation but rather revenue collection.
They do not care one bit! as far as they are concerned this is their time to chop and clean mouth! If russia is able to win a clear victory in ukraine......there might be a chance for Nigeria to see real change,,,,for now the collective West have Nigeria where they want us!
Chibok is when the drunk and his wife finally were forced to face the security issues they ignored while allowing their sycophants and cronies to loot the agencies and steal land.
It is under Buhari that there was an attempt to push back but the rot had been allowed to fester and Buhari also chose incompetent chiefs to deal with security so the issues spread to across the country.
Tinubu is making similar mistakes just that he at least had the sense to pick strong service chiefs.
Every other person dealing with security is an incompetent nitwit which is why things are still not settled.
The advisers he has surrounded himself with are self serving and have no idea how to manoeuvre the politics of community building to stop people falling to desperate acts.
May God help Nigeria.
why is it that foolish people cannot but exhibit their ignorance! see did mumu....you were probably in ss3 when all this took place!
Chiefwandungu: Truth, engage the PMC's especially from SA in conjunction with NA, they'll flush out all these so called terrorists and bandits including IPOB. The government is just not serious. How do you attract investors with insecurity in your backyard? Smh..............
[quote author=Chiefwandungu post=132216216]Truth, engage the PMC's especially from SA in conjunction with NA, they'll flush out all these so called terrorists and bandits including IPOB. The government is just not serious. How do you attract investors with insecurity in your backyard? Smh..............[/quote)
MadPolitician: With the way the southwest section of the APC, led by Tinubu, has go on with this open marginalisation of igbos in this regime, you need no one to tell you that the whole idea behind buharis anti igbo agenda, was organised by the same clan.
Slowly, the notion that the real haters of the south-east in nigeria, reside in the south west and not the north, is being proven beyond reasonable doubts on daily basis. While Sanwo Olu is busy demolishing igbo investments in Lagos, Tinubu is busy in Abuja trying to erase any semblance of igbo presence in the federal levels.
It is even starting to look like the only reason why the APC was formed was to "contain and curtail" these igbos. Appointments after appointments, projects after projects, government programmes after government programmes, in all, the south east is openly marginalised and recently being totally left out.
Under buhari, the igbos were coming last in all these, but under this owanbe regime, there is nothing left for the igbos. Tinubus government desperation in hijacking slots that constitutionally belong to the south-east, and give them to other sections of the country, as was the case with the school tuition payments, is evil and must be condemned by all including non igbos.
It is time for igbos to wake up and give this government the middle finger! Igbos need to throw caution to the wind and confront this evil government. Igbos need to fight back. A government that is desperately trying to derail their progress as a people is in power and keeping quiet is not an option.
Did IPOB and Kanu not warn you optimistic Igbo nigerians.....you cannot beg for freedom, you have to assure your tormentors you have come to die with them! Go and ask any security commander in the southeast na !!! The Yorubas are as deadly as cyanide but they have met the rock of Gibralta in Simon Ekpa..........no worry sir IPOB,Ekpa nor kanu do not possess what it takes on ther own to free Ndigbo But The Most High will use ther 5 stones to bring down goliath......Just buy your popcorn and coke! Goliath will fall on his own sword!
nedu666: I knew it must be the fictional okechukwu iziguruzo. The apc computer generated Ohaneze chieftain. A man who has been releasing statements but no one has ever seen or heard from
The AI generated cartoon Ohaneze leader........the guy is a one man press release churning machine....! Nigeria na comedy show! Yet Igbos should go about their business abeg! How many Nigerians follow us protest about Igbo socio economic marginalization>
[quote author=LordviccoDaGuru post=132204708][/quote]Jack and Bubu...! The 2 lackeys the British Mi5 used to wreck nigeria ensuring that the greatest Black nation in the universe will never PROGRESS ! The British Gave Northerners political power via the Military , gave the proud Yoruba Visas and scholarship and gave the Igbo Anglican hymn book.............meanwhile they brought their ships to suck your crude oil dry.....Nigerians are not half as smart as they think! Who is the mugu now !!!
Manny21: These are the boys that will be contesting elections for political offices and political parties excos in 2040s. By that time we will look back and think the present bunch of thieves and oil mafia are the tribe of Angel Gabriel
You and who will be doing that rubbish in 2040? Biafra will have exited your zoooo tay tay by then! Una no serious!
Politics › Re: Gari Is Solely Yoruba, Ijebu To Be Precise, Portuguese Got It From Us by afube: 1:51pm On Jun 15, 2025
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