₦airaland Forum

DutchBruh:
Toll gates are owned by Tinubu and his Lebanese business partner Chaugoury, through their company Hi-Tech Construction.
Lagosians have been enslaved for decades through the concession agreement.
Tinubu son Seyi married Chagoury daughter.

Eko Atlantic also comes to mind.

olanshi:
Available

What's the asking price?

agarawu23:
Nigeria judiciary is a joke

Joke how?

Yinxies:
Do whtsapp web. You will look so busy and concentrated

FTC again.

Supported with some serious typing, no one can doubt your busyness

Keneking:
Depends on what the Senate of the institution prescribes; for instance, you can not be granted admission to study two programmes in the same university.

So you saying it is actually against the University rules to study two different programs in same University during same duration. For example, say one is about to round a masters degree, remaining just 1 more semester, and he registers for another one. Is it possible in Unilag?

WaffenSS:
I don't know why higher academics in Nigeria seem the exclusive preserve of fossilized old men.

All VCs, Deans, Profs etc are at least 70.

In Nigeria it's an anomaly to see a 40 year old prof. They won't let you go near.

Where i work we've a 34 year old PhD.

34 year old PhD is no big deal. Them plenty for Unilag.

I thought you wanted to share with us 34year old University President.

Onbelivable:
1. This picture is an old picture that Garbage shehu posted.

2. They called this a dinner and shehu posted it around 1pm .

3.Lies everyday is really annoying


Look at the main picture here :


i wonder why garba shehu posted old picture around 1pm. these lies are just inborn

Go and browse the meaning of dinner and get yourself informed.

Let me help you a bit. dinner and supper are different entities.

oliverjiad:
2003:#380,000
2004:#400,000
2005:#420,000

Jaid

Thanks! So with these amounts, you'll bring out any of these vehicles without coming back to ask for additional cash?

Hello peeps.

Kindly share cost of clearing the ffg:

2003 Sienna
2004 Sienna
2005 Sienna.

Via RoRo. Thanks.

chikeson2008:
Selling cheap

@2.7??

EzeeYFB:
Sweet buy n drive
V6 engine

Contact Ezee 07059767032

Where is this your showroom located? Will like to visit.

kakakibuy no response??

Khan2013:
N11 million gone

That's approx 24m.

This TSTV wan dey fall hand oh, they just dey do gra gra without covering their assess properly.

Protein0:
Me sef wonder O. Is demotion not a form of discipline?
Meanwhile, PSC should tell us what Edgal's offense was. An offense that warranted the demotion of a senior officer. Such offense must be heavier than his achievements that earned him promotion few weeks ago.

He was not demoted. He was initially place in Acting Capacity and since he was not confirmed for that role, hence he reverts back to his former role.

What you are insinuating is tantamount to saying Osinbajo was demoted back to VP when Buhari did not pass on and he as Acting President was not confirmed as substantive president.

That's good. We need to deepen democracy in Africa.

Adewax:
Owner now need money

Location?

brightology3:
wetin concern me

why you come report speedily??

NNPC Scandal: Group Managing Director, Baru, breaks silence

The Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, has finally responded to allegations of corruption and violation of contract laws raised by the Minister of State for Petroleum, Ibeh Kachikwu.

In a memo to President Muhammadu Buhari, leaked last week to the media, Mr. Kachikwu detailed several alleged misdeeds of Mr. Baru, including the unilateral award of hefty oil and gas contracts totaling about N9 trillion.

He also accused Mr. Baru of insubordination.

Mr. Kachikwu met with President Buhari on Friday, but despite the weight of the allegations, no government official reacted publicly until now.
Read Mr. Baru’s statement released on Monday:

https://www.premiumtimesng.com/news/headlines/245496-breaking-nnpc-scandal-group-managing-director-baru-breaks-silence.html



Lalasticlala, Mynd44, OAM4j kindly cascade. Apologies, the tables in the report scattered on Nairaland.

BREAKING: NNPC Scandal: Group Managing Director, Baru, breaks silence

Following the publication of alleged lack of adherence to due process in the award of NNPC contracts, the President ordered the Group Managing Director (GMD) and Management of the Nigerian National Petroleum Corporation (NNPC) to consider and respond expeditiously to the allegations.

The substance of the allegations made by the Minister of State for Petroleum Resources, in a letter to the President dated 30th of August 2017, is that a number of “major contracts were never reviewed or discussed with me (sic) the NNPC Board.”

It is important to note from the outset that the law and the rules do not require a review or discussion with the Minister of State or the NNPC Board on contractual matters. What is required is the processing and approval of contracts by the NNPC Tenders Board, the President in his executive capacity or as Minister of Petroleum, or the Federal Executive Council (FEC), as the case may be. There are therefore situations where all that is required is the approval of the NNPC Tenders Board while, in other cases, based on the threshold, the award must be submitted for presidential approval. Likewise, in some instances it is FEC approval that is required.

It should be noted that for both the Crude Term Contract and the Direct Sale and Direct Purchase (DSDP) agreements, there are no specific values attached to each transaction to warrant the values of $10billion and $5billion respectively placed on them in the claim of Dr. Kachikwu. It is therefore inappropriate to attach arbitrary values to the shortlists with the aim of classifying the transactions as contracts above NNPC Tenders Board limit. They are merely the shortlisting of prospective off-takers of crude oil and suppliers of petroleum products under agreed terms. These transactions were not required to be presented as contracts to the Board of NNPC and, of course, the monetary value of any crude oil eventually lifted by any of the companies goes straight into the federation account and not to the company.

Furthermore, contrary to the assertion of Dr. Kachikwu that he was never involved in the 2017/2018 contracting process for the Crude Oil Term Contracts, Dr. Kachikwu was in fact expressly consulted by the GMD and his recommendations were taken into account in following through the laid down procedure. Thus, for him to turn around and claim that “…these major contracts were never reviewed or discussed with me…” is most unfortunate to say the least.

THE NNPC CONTRACTING PROCESS

The contracting process in NNPC is governed by the following:

i. Provisions of the NNPC Act
ii. The Public Procurement Act, 2007 (PPA)
iii. Procurement method and thresholds of application and the composition of Tenders Board as provided by the Secretary to the Government of the Federation (SGF) Circular reference no. SGF/OP/1/S.3/VIII/57, dated 11th March, 2009.
iv. NNPC Delegation of Authority Guide
v. Supply Chain Management Policy & Procedure documents
vi. NNPC Ethics Guide
Approving Authority for Contracts

The SGF Circular (iii above) on procurement threshold provided the following authority limits for NNPC transactions as well as the composition of the NNPC Tenders Board:

Table 1: Financial Authority Threshold (SGF Circular (iii) above)

Approving Authority/No Objection to Award

Special Works (NNPC)

BPP issues “No objection to award”/FEC approves

N2.70 billion (USD 20M) and above

NNPC Tenders Board

Up to N2.7 billion (USD20M)



Table 2: Composition of Tenders Board (SGF Circular (iii) above)

Ministry

Chairman

Permanent Secretary

Members

Heads of Departments

Parastatals

Chairman

Chief Executive

Members

Heads of Departments



NNPC had cause to clarify severally from Bureau of Public Procurement (BPP) as to the composition of NNPC Tenders Board and the role of NNPC Board appointed by Government. The following clarifications were made.

a. The BPP expressly clarified that NNPC Tenders Board (NTB) is NOT the same as NNPC Board. The governing board (NNPC Board) is responsible for approval of work programmes, corporate plans and budgets, while the NTB is responsible for approval of day-to-day procurement implementation.

b. BPP referred to the SGF circular for the composition of the NTB to compose of the Accounting Officer (GMD NNPC) as the Chairman, with Heads of Department (GEDs) as members with the Head of procurement (GGM SCM) serving as the Secretary of the NNPC Tenders Board.

The above clarifications of the provisions of the procurement process show that approvals reside within the NTB and where thresholds are exceeded, the NNPC refers to FEC for approval. Therefore, the NNPC Board has no role in contracts approval process as advised by BPP.

As can be seen, all these clarifications were sought and obtained prior to August, 2015 and were implemented by Dr. Kachikwu as the GMD of NNPC. Dr. Kachikwu also constituted the first NNPC Tenders Board on 8th September, 2015 and continued to chair it until his exit in June, 2016.

Typical NNPC Contracting Process

1. Approval of project proposal and contracting strategy by NTB.

2. Placement of adverts for expression of interest in electronic and print media.

3. Soliciting for tender (Technical and Commercial)

4. Tender evaluation

5. Tender approval by NTB for contracts within its threshold; otherwise

6. Obtain BPP certificate of no objection before presentation to FEC.

7. Present to FEC for approval.

All Contracts in NNPC follow the above procedure.

SPECIFIC CONTRACTS MENTIONED IN THE HONOURABLE MINISTER OF STATE FOR PETROLEUM RESOURCES’ (HMSPR) LETTER TO MR. PRESIDENT

1. Crude Oil Term Contract (COTC)- valued at over $10bn

It is important to state that the COTC is not a contract for procurement of goods, works or services; rather it is simply a list of approved off-takers of Nigerian crude oil of all grades. This list does not carry any value, but simply state the terms and conditions for the lifting. It is therefore inappropriate to attach a value to it with the aim of classifying it as contract above Management limit.

In arriving at the off-takers list for 2017/2018 COTC, the following steps were followed:

a. Adverts were placed in National and International print media on Monday, 17th October, 2016.

b. The bids were publicly opened in the presence of all stakeholders (NIETI, DPR, BPP, Civil Society Organisations, NNPC SCM Division and the press as well as live broadcasts by the NTA and other TV stations).
c. Detailed evaluation was carried out and the short list of the successful off-takers was presented to the approving authority (Mr. President) for consideration and approval.
d. Thereafter, NNPC published the list of the successful off-takers in newspapers and NNPC’s official website.
This has been the standard procedure and it is the same process adopted during the 2016/2017 COTC when the HMSPR was the GMD.

In conclusion, due process has been fully followed in the shortlisting of the off-takers of the Nigerian crude oil for the current term 2017/2018.

2. The Direct Sale Direct Purchase (DSDP) Contract- valued at over $5bn

Like the COTC, the DSDP is not a contract for any procurement of goods, works or services, rather it is simply a list of off-takers of crude oil and suppliers of petroleum products of equivalent value.

This list does not carry any value, but simply state the terms and conditions for the lifting and supply of petroleum products. It is therefore mischievous to classify it as contract and attach a value to it that is above Management’s limit.

In arriving at the off-takers list for 2017/2018 DSDP, the following steps were followed:

a. Work plans and execution strategy for the DSDP was granted by the approving authority (Mr. President).

b. Adverts were placed in National and International print media and NNPC website on Thursday, 22nd December, 2016.

c. The bids were publicly opened in the presence of all stakeholders (NIETI, DPR, BPP, Civil Society Organisations, NNPC’s SCM Division and the press as well as live broadcast by the NTA and some TV stations).
d. Detailed evaluation was carried out and the short list of the successful off-takers was presented to the approving authority (Mr. President) for consideration and approval.
This has been the standard procedure and it is the same process adopted during the 2016/2017 DSDP when the HMSPR was the GMD.

In conclusion, it has been confirmed that due process has been followed in arriving at the shortlist of the DSDP partners for the 2017/2018 cycle.

3. The Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Contract

The AKK Gas pipeline project is a contractor financed contract. The process adopted for this contract is as follows:

1. Approval of project proposal and contracting strategy was given by NTB.

2. Placement of adverts for expression of interest in some National and International print media and NNPC’s website.

3. Expression of interest for pre-qualification received and evaluated.

4. Technical and Commercial tenders issued and evaluated

5. NTB considered and endorsed tender evaluation result for FEC approval since this contract is above NTB’s threshold subject to obtaining the following certificates of no objections:

a. BPP certificate of no objection (obtained).
b. Certificate of no objection from Infrastructure Concession and Regulatory Commission (ICRC) (obtained).
c. Certificate of no objection from Nigerian Content Monitoring & Development Board (NCMDB) (being awaited)
BPP and ICRC certificates have been obtained, while that of NCDMB is being awaited after which the contract will be presented to FEC for consideration and approval.

Thus, due process is being followed in the processing of this contract.

4. Various Financing Arrangements Considered with IOCs;

The financing arrangements reported as contracts are part of the process of exiting Cash Call approved by the FEC. It entails negotiations with JV Partners on alternative funding of some selected projects through third party financing to bridge the funding gap associated with Federal Government’s inability to meet its cash call contributions.

The third party financing option emanates from the appropriation act provisions that allow sourcing of financing outside regular cash call contributions. Upon approval of the calendar year’s operating budget, the NNPC in conjunction with its JV partners commence the necessary process for accessing financing to bridge the funding gap.
Section 8 sub-sections (1) and (4) of the NNPC Act CAP N123 requires that all NNPC borrowings must be approved by Mr. President. Specifically, it provides that:

(1) Subject to the other provisions of this section, the Corporation may, from time to time, borrow by overdraft or otherwise howsoever such sums as it may require in the exercise of its functions under this Act.
(4) Where any sum required aforesaid –
a) Is to be in currency other than Naira; and
b) Is to be borrowed by the Corporation otherwise than temporarily,
c) The Corporation shall not borrow the sum without the prior approval of the President.
Due Process:

1. NAPIMS and JV partner identify bankable projects that require financing and sends to NNPC Corporate Finance to assist in procuring financing.
2. Constitution of Joint Financing Team (JFT) between NNPC and the JV Partner.
3. JFT NNPC invites Request For Proposals (RFPs) from Financial Institutions.
4. Submitted RFPs are evaluated and beauty parade conducted to determine most cost-efficient proposal.
5. Negotiated Financing Strategy, Term-sheets, Structures and pricing are presented for NNPC Management’s (NTB) approvals.
6. NNPC presents the renegotiated terms for approval of Mr. President.
7. NNPC executes the resultant Agreement.

Financings taken under this Administration: Approx. $3bn are as follows:
All established due process as enumerated above has been observed leading to the securing of financing for the following projects in 2016/2017:

· SN
· PROJECT
· Amount (US$mn)
APPROVALS
· LOAN EXECUTED BY
NTB
PRESIDENTIAL
· 1.
· NNPC/CNL JV Project Cheetah
1,200.00
· 16/04/15
· 01/09/15
· Dr. E. I. Kachikwu
· 2.
· NNPC/CNL JV Project Falcon
780.00
· 26/04/17
· 31/07/17
· Dr. M. K. Baru
· 3.
· NNPC/SPDC JV Project Santolina
1,000.00
· 26/04/17
· 10/07/17
· Dr. M. K. Baru
·
TOTAL
2,980.00
·
·
·
These are not procurement projects as described by the PPA, 2007. However, all established due processes as enumerated above were followed.

The NPDC Integrity Upgrade and Development Projects

All the NPDC procurement contracts were subjected to the approved procurement procedures as described in respect of the AKK Gas Pipeline project above. There were no breaches of any extant procurement processes. For the benefit of doubt, it is confirmed that there is no single NPDC contract that has been approved by the relevant Tenders Board beyond its limit of financial authority and there is no single contract that is in the $3Bn to $4Bn range claimed in the write-up.

Conclusions

From the foregoing, the allegations were baseless and due process has been followed in the various activities.

Furthermore, it is established that apart from the AKK project and NPDC production service contracts, all the other transactions mentioned were not procurement contracts. The NPDC production service contracts have undergone due process, while the AKK contract that requires FEC approval has not reached the stage of contract award.



Ndu Ughamadu

Group General Manager

Group Public Affairs Division,

NNPC, Abuja.

October 9, 2017.

http://www.nnpcgroup.com/PublicRelations/NNPCinthenews/tabid/92/articleType/ArticleView/articleId/860/Re-Allegations-of-Lack-of-Adherence-to-Due-Process-in-NNPC-Contract-Awards.aspx



https://www.premiumtimesng.com/news/headlines/245496-breaking-nnpc-scandal-group-managing-director-baru-breaks-silence.html

UfuomaUN:
Do you know how much a refinery costs?

No. Pls tell me.

The cost of a major refinery and that of a modular refinery.

Thank you.

kesmiraAutos:
Year of manufacture - 2006/2007

Price - #2.1million

Location - Abuja, Maitama

Type of use - Nigerian Belgium Category ( mildly driven )

Mileage - 93051

Engine - V6

Interior - fabric

Roof dvd player

Keyless entry

Security system

Alloy wheels

5 Brand new tyres

A.c factory fitted and working

Nothing to fix, kick and travel.

CONTACT MR KESTA - 08170330876, 08156433879
email - kesmiraautos@gmail.com

That should be 2005

6. Story was that he was always laughing (methinks the double was still learning the ropes and was always laughing to hide what he didn’t know

Someone actually took time to write this? Smh

MadCow1:
Isn't the job of the legislature to pass laws again? Since when did they become a court that probes and brings people to book?

But you'd agree that if the budget of that hospital has been properly scrutinised by the Legislature all along, the hospital may not close down, as inconsistencies may be identified and communicated to the State govt.

The way the commissioner was just reeling out figures of money given to the hospital at different times does not show proper planning.

I even doubt if all those money was approved by the State a house of Assembly.

MadCow1:
You are very wrong..

Education is always the answer.. Educate and build capacity. If they did, they would not have needed foreign Doctors and Nurses to efficiently run the hospital.

Secondly, we need these super structures.. World Class hospitals are mostly situated in such structured because they normally house many divisions and branches of medicine.. The problem was not in the structure. Like someone said, it's in the planning and execution.

First challenge a hospital of that magnitude will definitely face is power.. Powering that hospital solely from generators would have been unsustainable and impractical. This is the type of project you put on a dedicated power grid from like a Gas turbine.

Secondly was the cost of maintenance. Fixing Machines, keeping the building up to code, laundry bill, etc. .

Third was the cost of salaries.. Especially if they were using expatriate doctors.

Then if the hospital was open to Akwa Ibom people (civil servants) on like a Government health insurance scheme, was that structure negotiated and understood?

Many atimes with these grand projects like Tinapa, Uyo stadium, National Theater, this Mega Hospital, Murtala Muhammad Airport, the Cinema in Uyo, e.t.c.. The easiest part of these types of Projects are always the construction.. The hardest part is the management (not just structural) of the project..

Just wait, Le Meridian in Uyo will soon collapse as well. Just like everything in Calabar collapsed after Donald duke left office.

This beautiful apt piece cannot come from a mad animal. Pls consider another username.

We like putting the cart before the horse in Naija. How can they even imagine putting that hospital solely on generators is sustainable? Somebody somewhere obviously did not do a proper calculation, or someone ignored the outcome.

Even profit oriented organisations like bank and telcos and other successful private hospitals in Lagos still make use of on-grid electricity.

If they totally wants to stay off grid in order to ensure 24 hrs power, they should have considered a mini thermal station along side the construction of the hospital as you said.

Just like Lagos is currently powering LASUTH, the power station can be designed to provide power to other govt establishments in addition to the hospital in order to properly utilise the power and also save generator running cost in some other govt establishments.

Imeyo1:
White Elephant project someone had said...... Tropicana, Ibom international stadium, pedestrians bridges.... isn't bringing money to dat state or its occupants..... As it should because those projects were done (putting the cart before the horse)

With all the money available to Akwa-Ibom during Akpabio, I just wonder why they never contemplated building a modular refinery in partnership with a private company.

That would have industrialised the state to some extent and draw some other industries in. Fertiliser would also be produced as a by product to support Agriculture.

It's success can even serve as a template for building more of such and providing the fuel that region needs.

A major problem the states and the FG has now is an overbloated and unproductive civil service.

When more funds accrue to a state govt, they just go on an employment spree. Trying to make a point that their govt created employment. Ironically, they are supposed to spend the funds to stimulate the private sector to carry out the employment and in return provide tax income to the State.

But what do we have, in times of plenty, the states recruit massively, and when resources go down, the state suffers. The civil service, which is highly unproductive just consumes a large chunk of the resources leaving meagre for capital projects.

buddydoze:
This is the story of a confused business man. How can you spend so much money importing stuffs and then you cannot afford to the duty on it and you will sell to your customers at regular price. If you cannot afford Nigerian port duty, why not ship them through Benin port and pay lesser duty while bringing them through them Seme border?

Importation of cars through land borders has been banned.

How much?

Nairlaand you dont have a copy of Kachikwu's letter to the President? I expected it to have graced the frontpage by now.

Btw, the man looks like a dibia

"Dog that came to separate fight"

SalamRushdie:
You are liar there is a total grid failure right now so there is no way Osun can have light when even Egein doesn't right now

Be educated and informed. Total grid failure is not a permanent scenario.

It may happen for just 5 mins after which everything may be restored back to normal.

The collapse you were talking about was caused by a trip attributed to 2 generating units at Egbin.

The