₦airaland Forum

handie:
And this fellow was in the house of assembly making laws with forged credentials. Those This idiots idiot should be prosecuted for forgery ASAP

He was not a member of the house. Read the news again. He was the one that won the primaries, but was disqualified because of the certificate issue.

Instead of the PDP to forward the name of the runner-up (that just won the case), they went to bring an entirely different person, who just lost the case.

I like Buhari, very unpredictable.

Nice one!

Good. The VP is sure been carried along on all fronts.

Chief of Defense staff: Southerner
Chief of Naval staff: Southerner
Head of NIA: Southerner

The way wailers are wailing, someone will think nothing like this is in place.

frodobee:
Well all I know is that efcc has no right to freeze anybody's account, immunity or immunity, ordinary citizen or president without a COURT Injunction to that effect. And I am yet to know the court and judge who gave the order to ZenithBank.
Anyway, I still dey find person wey get Godaddy Coupon. God bless us.

Why not quote the specific section of the EFCC act that deals with this instead of just talking in abstraction.

For your information, when you dig it out, kindly take cognizance of the word used by the law.

The word is "may".

EFCC may approach the court to seek for an order to freeze account. The use of the word may simply shows that it is not mandatory.

The Venezuelan situation is so sad. PMB has really tried, despite the fall in crude prices to $30 per barrel at a particular time.

kingsol1759:
My question is this, who are the MD customers? Are they giving out the meters for free? because I heard one has to pay as high as 65k for a 3phase meter.

They are those that have their own transformers. Yes, these ones will be given out free. Meters are supposed to be free. Those that pay for it will be recredited back overtime through their usage.

I actually paid 68k plus for 3-phase meter from Eko Electricity.

adioolayi:
Most of them are running away from Prepaid Meters knowing fully well their consumption rate is high and huge money will be required to meet it. They prefer billing systems with fixed bill every month especially after tipping the electricity distribution workers

Stop saying what you dont know in public. You are unduly misinforming the public. Most electricity distribution company do not issue prepaid meters to maximum demand Customers.

If you have a place they have issued such to C2 and C3/D2 and D3 customers, pls do tell.

Interesting!

TippyTop:
If she's travelling on a diplomatic passport don't expect her to be arrested.

See is immune from prosecution as long as she carrys a diplomatic passport and representing Nigeria.

She is not a govt official, she cannot have a diplomatic passport. You are already looking for excuse, smh.

OP is so on point. If PMB does even half of those things, I can imagine how the Wailing zombies will wail their asses off.

Gozzzy:
onyem/ogbeni hapu kwanu.... Talking about Hutu and Tutsi, my brother if such should come up, believe me the Southern part will be like the Hutu, cos even the middle belt would wanna pitch tents with the whole of south. The north will bear the brunt. Analyse and see for yourself.

It seems u didn't know it was the Tutsis that won.

The Hutus were just bunch of animals killing unarmed people.

The well organized minority Tutsis even went as far as pushing the animalistic Hutu militia out of the country. Till date, some of the Hutus are still camped outside the country.

Dangote! Smart businessman.

Naija!

Etinosajay:
That's it right there.

The company in the eyes of the law is represented by its articles of incorporation filed with CAC and domiciled in a piece of paper.

The building is the company in physical, visible to the general public, that is why physical addresses are always stated on business cards and company articles. that is why two things happened yesterday.

1. The company managers were made to sign off in compliance with the court order.

2. The building was sealed as a way of effecting the order of court.

Somehow I don't expect you to understand that. Not every one was manufactured with an IQ to be envied.

I did suggest previously that you should use only words you know the meaning.

It's not a bad thing to debate, but I'm not sure why you want to be wrong and wrong at the same time.

Oga keep quiet. Your low IQ was obvious from your initial responses. Not what you just went to look up on the internet to sound intelligent.

Etinosajay:
May I suggest that henceforth you use words you know the meaning?

You opined that AMCON may have re-opened the building for sake of other occupants.


Re-opened suggest it was first closed down, and further to tha, if not in consideration of other building occupants, it may remain closed down.

Do you not know what words mean by inference?

Are you by any means suggesting that the mandate of AMCON is to seize silverbird assets until they pay their debts, albeit indefinitely, if need be?


I have a feeling you don't like to be corrected

Why are you confusing yourself??

Dont you know the difference between building and company??

I said the building was locked. you then came to say this

AMCON will not close down any company until the debtor pays. That's now how the law empowers them to operate.

Did I ever say anything iike ''the company has been closed down?? Is it not you that introduced that? Does locking a building seem same thing as closing a company??

It is actually you that do not like to be corrected. And it is obvious you lack comprehension skills and right usage of words.

Etinosajay:
I think you're the one who doesn't understand what you are saying.

It may help you to read and properly understand what's going on before claiming and counter claiming.


Please read the court order and then read your own previous comment, and tell me who's mixing up issues.

You definitely do not understand the difference between a 'take over'and 'closing a company'. Go and educate yourself on that first abeg. For the records, you are the first to use the phrase 'close down the company'.

gare:
That's not how take overs are done you don't close the biz, you don't stop the biz, what happens is that AMCON will be the one taking charge of the biz a until the loan is paid back that is all, biz will still continue, but all payments will be made to AMCON, and if they need to inject more funds to make it more profit viable they will do so.

How will Amcon take over if they dont first assert their authority over the place??

Do you think take over is a tea party?? They will just stroll in and all the managers in the company, all the tenants in the building will just start handing over to them??

Take over of assets following a court order is not that easy, eventhough it is backed by valid court orders. It is usually a show of force. Even when it is between individuals, families, etc.

manuel80:
cool but what's the point in him resigning
its not like there's pressure from anywhere

He didn't support the pull out from EU. So he does not want to be held for the consequences of the pull out. And he decided to quietly resign.

These are the real Honourables.

Etinosajay:
Statement above is not a correct one.


AMCON will not close down any company until the debtor pays. That's now how the law empowers them to operate.

Yesterday was just the take over. In. Couple of days, the company will open for normal business, but under AMCON's management.

Why are u mixing issues. Who talked about closing a company??

Amcon is taking over the properties (assets) of the company because of loan default.

Kindly note that taking over assets is not same as closing the company.

What Amcon is after is her funds. Not that they are trying to punish the company.

If the company resumes paying back what they owe, they can approach the court to reconsider the take over order.

I hope the PDP will be able to sustain the tempo when facts start rolling in and they discover that majority of those indicted are their members.

I passed in front of the place around 2pm and it was still locked with fierce looking mobile policemen roaming about.

Amcon has also put dirty inscriptions on the walls of the building all around indicating a takeover.

I just pity those who rented business outlets at the galleria. Their loss yesterday was not nice at all in view of the exorbitant amount they pay as rent.

If indeed Amcon reopened the place later yesterday, I'm sure its chiefly because of other business concerns using the place.

I was very sure it is Vanguard that will carry this senseless news item.

If the Buhari administration can indeed end importation of fuel products by 2019, that will definitely be regarded as a brilliant performance in the petroleum sector.

He has really brought shame upon himself by his refusal to service his loans.

Can he sincerely tell us he has not been making the cash that can sustain the loan?

iamDiabolic:
The fg just use style tell those militant to suck there dickk.they should keep bombung while nigeria move on.nobody got there time.

Its not the FG, it is Vanguard stoking tension. The security agencies in Nigeria needs to put Vanguard under the spotlight. They tactically support anything working against the interest of Nigeria as a single entity. I had always suspected that the effects of the bombings were not as serious as portrayed by the media. It was a strategic strategy by the FG. The FG also knows this but kept quiet, Vanguard has now put it upon itself to announce to everybody that our production was just affected a little by the bombings.

Vanguard was also the first to announce to the whole world (including the militants) that the FG has gone ahead to repair the NPDC pipelines that were bombed. And they even did the reportage in a way to spite the militants and spurn them to rebomb the place.

I have been studying the way Vanguard reports its news since last year, they are usually styled to invoke tension. There report of anything Biafra is also in that way. They go the extra mile to work on the emotions of both pro and anti Biafra elements by their pathetic headlines. And whenever Biafra/fulani herdsmen/militant news comes up, they usually over-flog it just to sustain the tempo of exchange of ethnic/tribal bashings.

Nigeria is moving ahead! Enemies of progress will not like this. No wonder the FG was not even shaking, they knew all along.

[size=18pt]Oil exports on course despite militants’ attacks[/size]


By Omoh Gabriel, Business Editor, with agency reports

Nigeria in May exported 1.89 million barrels per day, contrary to fears that crude export has dropped to as low as 1.3 million barrel per day. Data released by Windward, a maritime intelligence firm showed that Nigeria’s crude oil exports in May dropped by just 62,000 barrels per day (bpd) from April, with exports still reaching 1.89 million bpd.

Windward tracks all exports coming from Nigeria including crude oil, condensates and ship-to-ship transfers, so its figures are nearly always higher than estimates of crude oil production alone. But its figures indicate that Nigeria exported between 300,000-500,0000 bpd more than what OPEC and other agencies thought it had produced in May. Repeated militant attacks Nigeria, according to the firm, kept exporting crude oil at a largely steady pace in May, though below historical levels, despite repeated militant attacks on its infrastructure that drove output down to 30-year lows and helped global prices rise, the data showed.

The data from the maritime intelligence firm, Windward, and Thomson Reuters revealed a far smaller drop in exports from April to May than most in the market had suggested. It suggested that Nigerian oil production is more resilient than many thought. The oil industry has been grappling with a spate of militant attacks that took out the Forcados crude oil stream in February and affected Bonny Light, Brass River and Escravos in May, mainly by targeting pipelines taking crude to export terminals.

An accident on the terminal exporting Qua Iboe, its largest oil stream, further knocked production and led the International Energy Agency (IEA) to declare May production at 30-year lows of 1.37 million bpd. But Windward showed May exports dropping by just 62,000 barrels per day (bpd) from April, with exports still reaching 1.89 million bpd.

The figures are significant, particularly as the government announced a 30-day ceasefire with militants yesterday that could forestall further attacks on oil sites. “It was the gains from small fields that offset declines from others,” said James Davis, head of crude supply at FGE Energy. “The disruptions in the fields that were out was pretty much what we expected. What we didn’t expect was the marginal increases in other fields.” Reuters data showed total exports in May at roughly 1.67 million bpd, down from 1.77 million bpd in April, and also a rise in exports of grades including Bonga, Agbami, Antan, Amenam, Okwori that helped offset the losses.
The figures remain sustantially below the close to 2 million bpd Nigeria has exprted in the best of times. Still, they suggest that many industry observers, for example the “secondary sources” polled by OPEC that pegged Nigeria’s May production at around 1.4 million bpd, were overly pessimistic about its ability to keep pumping.

Trade sources noted that some of the oil could have come from crude stored at export terminals and on ships offshore. But these volumes are not typically substantial in Nieria, and most traders noted that oil kept flowing from streams that had been repeatedly attacked, including Bonny Light and Brass River, while the Qua Iboe outage was shorter-lived than expected. According to Windward data, 22 million barrels exported in the last 10 days of May pushed exports closer to par with April. Davis said the full ramifications of Nigeria’s unrest remain unclear. The rise in Qua Iboe exports would be offset by further declines in Bonny Light and Brass River, both of which have faced additional strikes. “The real impact would be whether there is damage at a field level that is significant enough to have a long term impact” Davis said.

http://www.vanguardngr.com/2016/06/oil-exports-course-despite-militants-attacks/

deavicky:
If impediments under the bridge stopped the weeds from moving, it there means, at the other side of the bridge the water should be visible. Was there anything like that?

Yes of course. And even flowing sef.

macaranta:
Op's explanation is not logical,no amount of nicely stacked grass will allow you move on top it while water flows beneath.For that to have occured a significant amount of deforestation must have occurred nearby.

OPs explanation is very logical! Are u aware that the River flow is from the supposedly dried area??

Yes, the river is flowing from this direction. If the River is indeed dried up, then why is there water flowing away at the other side of the bridge?

Does it not seem logical to u too, that if indeed the River is dried up, then there will not be a flow at the other end.

The explanation to this is simply that the River is still flowing beneath the compacted layer, and this is what constantly supply the other side with a continuous flow of water.

amakenny:
Buhari's lack of basic secondary school education is what makes him not recognize the difference between the executive arm and judicial arm of government.
How could a judge give orders and a president disobeyed the orders without another judge giving a contrary order?

Kindly maintain your silence if you dont understand legal matters. That you are granted bail for one offence while being tried by one Fed Govt Agency does not mean you cannot be arrested by another govt agency for another offence.

Why are you turning a blind eye to the submission of the Appeal court. Or you are more knowledgeable in legal matters than the Appeal court judges??

No order was disobeyed. The court granted him bail when being tried by the EFCC. He was released from the Nigerian Prison custody after the bail was perfected but was arrested by DSS for another offence and is being tried in court on that.