₦airaland Forum

rawpadgin:
U mean the amount u rogues syphoned in 6 months

rozayx5:
Was Atiku right about NNPC?
These losses are too high

Boyooosa:
no be their fault. na our own greedy leaders dey cause all these....

Mynd44:
Malema wants continental and international recognition. He needs it for his political career so he will say anything.

If anyone believes him, they are inviting termites into their wooden house

Kpako1:
Never knew Hushpuppi was this intelligent

Mynd44:
Julius Malema is only playing to the gallery. If anyone thinks Malema is saying what he believes, the person will believe anything?

Malema should be watched by everyone, only time can tell if he really believes this. Me? I don't.

googi:
Very smart guy. A real diplomat. Only God knows what he is saying or doing behind closed doors.

This guy is a nationalist. A fierce one too.

sweetonugbu:
Squad without gun

aremuforlife:
Nobody abandon him, he never carried them along. Sowore is a politician, do you expect his political opponent to come to his rescue.
He came out opening and denied being a Yoruba man and claimed to an Ijaw man.
I'm not saying people should not go for his rescue, but stop painting the yoruba's evil.

Tocynone:
Ask him about the role he played in "Occupy Nigeria Protest"

tsdarkside:
dont finance europe....!!

we are still waiting for reparations for their madness in africa and they are coming to us demanding stuff again....

f england,f germany too....

and f ipob as well....!!

sparko1:
Maybe you didn't go to school, this is a direct contradiction of what the guy said, he never said, pastors or imam cant be scammer! Scammers are scammer, title has no relevance!

jesvic91:
Wow!FTC

I'm using this medium to shout out to my dog(ekuke) whose main purpose of coming to this world is to impregnate all female dogs In my Street.
I pray God gives you the power to achieve that aim!..
This I pray in Cupid's name

Amen

freemanbubble:
Most mumu Nigerians only sabi criticize their leader
Them nor know what it means and what it takes to be a leader

Even some self nor fit lead their family members, Thier club members
Common to lead two or three people them nor go fit
But them go hurry dey criticize our generallismo

Tobimillar1:
Those of you into scams, you are all murderers. You take peoples life savings, some of them commit suicide , some fall into depression, some get heart attack . their blood is on your hands. Hustle legit

vizzyswagh:
How nah, suicide is now part of Nigeria's budget

hisgrace090:
Gradually we're rising up for one nonsense or the other, nice development.

We the masses can bring positive change to our society if we can move with courage.

culf:
Nigeria my country. God help us

ntyce:
I would ask you a question, if you were to be in charge of affairs will you have paid the sum?
Looking at the diff cases you listed above, it's obvious that an avenue like this is used to siphon money from developing countries by dubious organisations. And such instances are with connivance of indigenes of such countries.
I won't be shocked if it's revealed that some Nigerians are the ones behind P&ID....
Should in case the FG subsequently pays, those who signed the agreement should be made to pay for this dastard act.

TonyeBarcanista:
SO YOU FOLLOW THE competition?

Peterlawyer:
Rep uam

DrholuwaTOBI:
Uniben and the better by far.

Rita5:
So basically from all I said and all the questions I asked, this is what you choose to focus on

Have a nice day then

reveria:
Preposterous, are the ministers more important citizens. Are they not supposed to be servant of the nation.

freeze001:
I'm sure if they had the opportunity they would have beaten them up a bit but for gun toting security aides that will not allow ordinary Nigerians deal with these demons in office once in a while on Nigerian soil.

aolawale025:
Thats how they killed Nigeria Airways

Iamgrey5:
Jonathan agreed to pay because his administration broke the agreement.

Someone in the Yaradua's administration signed the agreementts and Jonathan's administration broke the agreement.

However, a delicate review of the whole thing would reveal that there's an element of criminality in the whole thing

What has the company invested in Nigeria to warrant any payments at all?

How can someone be making dubious calculations on estimated profits?

But state asset seizures “happen all the time”, said James Langley, a partner with international law firm Dentons and an expert in arbitration.

In a 2008 case against Chad, a UK judge ruled that proceeds of oil sales held for the purpose of making repayments to the World Bank qualified as commercial assets.

And in 2018, a U.S. judge cleared the way for a Canadian mining firm to target shares in a U.S. oil refinery owned by state oil company Petroleos de Venezuela SA (PDVSA) over an arbitration debt owed by Venezuela.
.
.
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IS $9 BILLION AN UNUSUALLY LARGE AWARD?

Arbitration awards in the billions are not uncommon. Langley said the method used to determine the figure, based on expected earnings over the life of the contract, was standard for commercial arbitration.

A co-founder of P&ID testified during the arbitration that the company spent $40 million before the project failed, but Langley said the sum was not necessarily relevant.

The award, Langley said, is “just a function of the kind of contract this was”, reflecting potentially large profits.

https://www.reuters.com/article/us-nigeria-arbitration-explainer/explainer-nigerian-assets-at-risk-worldwide-in-9-billion-arbitration-case-idUSKCN1VJ1W8

Rita5:
I said it before, lemme repeat it here. What Falz is doing is what others have done before. Did it work? Aren't we in an even worse condition now than then. Martin Luthur King was in a civilised nation where public opinion meant something.

Rita5:
What are you saying and what am I saying ?

The thing is we all know Falz won't run for presidency cause the political climate isn't right for that now. Its a wishful dream.

ivandragon:
The deal was shrouded in fradulent secrecy from the get-go.

However, except the government can conclusively prove that the signatories on the Nigerian side were unauthorized/forged, it's going to be hard to escape some form of settlement.

Furthermore, the P&DI is backed by hedge-fund managers, the FG needs to identify who they are & open back channel negotiations with them.