₦airaland Forum

989900B:
Answer the damn fxcking question. Or, does it make a f00l of all your held 'assumptions' . . .

Nnamdi Azikwe:
Governor-General and Commander-in-Chief of Nigeria (1960–63);

President of the Republic of Nigeria (1963–1966);

With Tafawa Balewa as Prime minister of the federation (Nigeria).

Thank me later, now go back and edit your ill thought-out posts.

Straw man argument


So Azikwe was in charge of issuing and granting oil licences?

You funny.

Keep grasping at strwas

989900B:
Simple question, answer it. I accept all you've called me, but answer the damn question: who was the president in 1964?

Guy, don't let your fellow APC urchins see this your post.

Go and ask your uncles (the educated ones) if the title president in 1964 is the same with that today.

The fact remains that oil concessions where not issued on a federal level but by the regional govt of both mid western and eastern Nigeria respectively.

If you like believe it or not it won't change the fact.

989900B:
.

Frustration setting in.

Why not accept your folly

Nobody knows it all and we are all still students of life.

You have shown stubbornness and arrogance in the face of facts.

But you ought to know the facts don't give a rat's ass how you feel and that's why it's called the bitter truth.

Rather than feel humbled, see it as another lesson learnt.

Only stubborn goats behave like this.

989900B:
Who was the president of Nigeria in 1964?

What was the title president in 1964 compared to that in 2016.

Use brain.

The German President is the heard of the German parliament and also in terms of protocol the number one citizen but the Chancellor has more constitutional power than the President.

Why is Saraki called the President of the Senate?

989900B:


Says Bozo the clown.

You have showed a knack of refusing to take solid correction.

I have dispelled all you half truths on this thread starting with your misconceptions of oil revenue and production levels in the early 70's.

I am only responding to you because some random ignoramus may assume your position as correct when in effect it is total bullocks.

You can start the insults followed by posting memes but that only proves you have no more argument.

Try get an education sha because you are obviously heavily ignorant on issues you chose to argue over.

989900B:
Oh, really? True story.

Are you a comedian?

What roles did Nnamdi Azikwe occupy in Nigeria between 1960 and 1966?

As I said go and get an education.

Nigeria at independence was no different than say the EU today with federating states.

The only power the prime minister had was in controlling the armed forces.

Stop confusing the title president of Nigeria at independence with the current executive president of a federal central authority.

989900B:

The same you quoted up there, I read in Wikipedia years back . . . that's rich . . . lol.

Try and read to comprehend, it won't kill you.

I strongly urge you to brush up on your education especially in the spheres of history and economics before venturing into a career as an online tout.

You are full of misconceptions and inaccuracies as can be seen in this thread that it won't be wrong to call you highly myopic and ignorant.

If you like claim crap that what I posted was from Wikipedia.

Here is the original thread I made on this topic debunking the lies that your cocoa and groundnuts funded the oil industry.

https://www.nairaland.com/2286512/cocoa-groundnuts-did-not-fund#up

989900B:
That's the point.

What point?

Western, Northern and Eastern Nigeria operated their own embassies in UK, US.

Stop confusing the Nigeria in Eastern Nigeria to mean there was any form of central authority as we have now.

Eastern Nigeria like the rest of other regions was one step no different than South Sudan is to Sudan.

989900B:
So which country gave the foreign companies operational licences?

As I said Nigeria operated true federalism and there was no resource or land decree in effect at the period under consideration et Al 1953 - 1966.

Oil companies operated in the then mid western and eastern Nigeria under agreements with the govts of those regions and not the central govt.

989900B:
Exactly.

What is exactly?

I just showed you proofs that Nigeria had no control of granting concessions for oil drilling prior to 1970.

You need to brush up on your history because obviously you don't know jack sh1t

aresa:
What a silly, redundant and irrelevant argument. Who cares who or what funded what? Oil in Nigeria today belongs to all.

Jobless people...

Why e no go pain you...

Touts like you have been laying false claim to a resource that neither belongs to you or to which you neither invested a penny into.

Tomorrow a fool like you will say the oil is God's gift to all mankind.

If it is God's gift then why not go to Saudi Arabia and fetch the oil freely?

Parasitic ingrates that will surely go back to scratching the ground for a living

Every drop of oil belongs to every Nigerian be it the yesufu from gombe or ikenna in anambra.

You dey dream

Bump

Bump

989900B:
Was there a country called Biafra in the late 50s and early 60s that oil majors signed agreements with, or was that the name for the 'Niger-Delta' area then?

Shell, Chevron, Mobil and others were already fully functional here between 1958-1963.

Even if we assume for a second that production was sustained @ 2 million barrels/day for all that period (no drop in production) with prices at $12-$14/ barrel between '76-'78 when Buhari was federal commissioner of that industry, take out JV shares and cash calls, that's still roughly $300m*12=$3.6B say $4b/ annum, actually less, when you subtract the part of the crude that goes to our refineries, and cost of running the NNPC itself.

Here is a brief summary of the history and evolution of the oil and gas industry in nigeria

Exploration for crude petroleum oil in Nigeria first began in 1908. However, serious and sustained efforts did not happen until Shell Darcy Petroleum Company commenced operations in 1935. It took this company more than 20 years to discover petroleum crude oil in commercial quantities in Oloibiri in 1956.

Before 1965, all the international petroleum marketing companies in Nigeria imported their stocks independently from their own refineries located abroad. As the local demand grew for these products, and following the local availability of crude oil by pipeline, establishment of a refinery in Nigeria became commercially viable..  Two oil marketing companies in Nigeria , Shell and British Petroleum, BP, formed a 50/50 joint venture refining company in Nigeria , the Nigerian Petroleum Refining (NPRC) in 1960.

The NPRC built a 38,000b/d petroleum refinery at Alesa-Eleme, near Port Harcourt to refine local crude oil into five petroleum fuel products. Construction of the refinery commenced in 1963 and production started two years later, in 1965.

Crude oil processed in the NPRC refinery was a portion of the production destined for export through Shell-BP’s Bonny Island export terminal. By a special contract agreement among all the five major products marketing companies, they procured crude oil from Shell-BP..  The crude oil was transported by pipeline to the NPRC Refinery for processing based on the quantity processed, at an agreed unit price per ton of crude oil.

The major marketers also, at their own cost, arranged the timely evacuation of the products from the refinery, mostly by the sea to Lagos and the remaining by road tankers..  The refinery was de-bottlenecked in 1973, in order to increase its crude oil processing capacity from 38,000b/d to 60,000b/d. The domestic demand for petroleum products which steadily increased was satisfied by the NPRC refinery for about 8 to 10 years.

In 1970, the Federal Government acting as a member of OPEC compulsorily acquired and paid for an equity share of 60 percent in all private international companies working in the Upstream and Downstream sectors of the Petroleum Industry in the country.

989900B:
Was there a country called Biafra in the late 50s and early 60s that oil majors signed agreements with, or was that the name for the 'Niger-Delta' area then?

Shell, Chevron, Mobil and others were already fully functional here between 1958-1963.

Even if we assume for a second that production was sustained @ 2 million barrels/day for all that period (no drop in production) with prices at $12-$14/ barrel between '76-'78 when Buhari was federal commissioner of that industry, take out JV shares and cash calls, that's still roughly $300m*12=$3.6B say $4b/ annum, actually less, when you subtract the part of the crude that goes to our refineries, and cost of running the NNPC itself.

There was no federal govt in the years you mentioned not up till Jan. 1966.

Nigeria operated fiscal autonomy under a republican style of governance

The land act and resource decree only came about in 1970 after the civil war.

Nationalisation of oil Wells began after the civil war.

Hitherto to that oil companies operated on eastern Nigeria under licencing from defunct eastern govt.

You will do well to research the history of the Nigeria oil and gas sector.

rusher14:
You couldn't write that it's a conference on Peace??

We know your kind of peace in Islam

Macfloyd:
Wike shud thank his stars dat he has immunity, dis man is a big shame 2 democracy. Hw can dis lunatic be governing a whole rivers state? And d jobless youths wailing 4 him, is dat d kind of future u want for ur kids?
Anyway, for dis Rivers state election, wike should know dere's d law of karma. He did worse during last election, and he used Inec, police, Military and thugs, so now dat he can't use dem again he shud keep wailing....Let d best candidates win Irrespective of d parties.

When Buhari promised blood on the dog and baboon if he lost in 2015 nko?


You hypocrites

Just yesterday , Buhari received the black standard of jihad from a visiting Saudi cleric


https://cdn-6.encomium.ng/wp-content/uploads/2016/03/PRESIDENT-BUHARI-ATTENDS-ISLAMIC-CONFERENCE-6-650x400.jpg


The Islamization agenda is on full swing .


Any idi0t who doesn't know this deserves to be converted by force to Islam

The current set of lecturers in Nigerian universities today are all a bunch of sorry ass losers.


If you check most lecturers in their mid 30's to early 40's are third class losers who could not secure a job but then chose the academic line .


They were also cultist touts back when they were in school during the 90's.

Nasman:
Am a Muslim, Fulani by tribe and am from Kaduna. What Elrufai's government is trying to do here, is a welcome development. Religion has eaten up into the fabric of our society. I don't why Christians in Kaduna which a represent a very small minority will oppose this bill that had already been passed in Kaduna state of Assembly. If u think Kaduna government will bow to wailing from a small minority, then u are either dreaming or delusional. The Bill has the support of majority people in Kaduna, and in democracy, majority always have the voice and upper hand, period

How are Christians a minority in Kaduna?

greatiyk4u:
See confusion oooooo, so Catholics are not christians?

Surprisenly, people with very low IQ like this are the ones calling an accomplished Army General with many leadership qualities from education and experience a DULLARD

Sincere Ignorance is very dangerous..................ur problem is not even about christians but ur own denomination I guess.........oga, extremism begath terrorism.

Catholics are not affected by this bill as the law will be regulated by CAN and Islamic organizations.


Catholic church has since pulled out of CAN.


And yes Catholics are not Christians but idol worshipping pagans masquerading as Christians

Adminisher:
The Bible belt was never for Obama anyway and the extremity and horror of the Trump message wilk keep the moderates firmly on the democratic side. The number of Black's and Hispanics that will vote in these elections will be unbelievable. Trump is a businessman but Obama is a community organiser who will hand over his network of door to door campaigners to Hilary.

The Republicans are also very divided. Corporate America does not want a President like Trump who bashes China and Mexico. US companies like Apple, GE, Facebook, Microsoft and Google each have market capitalization of more than 500 billion dollars and the US economy is the healthiest in the advanced world now

Americans are watching what is happening in Europe with the Eurabia policy coming in full force .

They also see how their president is more interested in defending Islam than tackling Islamic terrorism.


Americans are tired of political correct bullshit and the Clintons are considered the most corrupt political family ever.


Nobody likes Hilary. Her primary voters base is among young university undergraduates who don't know better but this same demograph minority is more sympathetic to Bernie Sanders than Hilary.


Hillary has no base other than fagg0ts, trannies , feminist cuntz and Muslims

Adminisher:
Why on God's good earth does this idiot FFK think that Trump is coming to actualize the dreams of the PDP?. How could a guy of his education be so silly. Who also told him that Trump is going to win the next elections?

Because Muslim thwarts like you oppose trump and see the useful idi0tic liberals as allies

masseratti:
your opinion,uncle super christian,didnt same christ says you should respect constituted authorities?and when you go out to preach the gospel and they reject you,you should dust your shoe?the Gospel is not by force,it has to be done the right way,enter brt go preach nau,holier than thou super christian.the islamic scholars and preachers must be regulated,the venom and evil they preach against christians is alarming,christian pastors are busy preaching about salvation,prosperity hardly talk about islam,but go to a mosque half of the sermon is about christianity.

Btw wtf is the Taq whatever you are reffering to?catholic heathen ko deeper life heathen ni.

Stop claiming Christian you catholic heathen

stevecantrell:
Hillary's political network is far greater...at the end of the day when the chips are down...the political powerhouse takes the spoils. Remember Bush vs Gore..
Trump cannot survive a Hillary in such a situation.

Hilary is hated widely in America. More centrist democrats will rather vote for Bernie than her and if the democrats choose her they most likely will vote for Trump.


As things stand, Hilary (the witch of washington) has more chance going to jail than the white house .


If she was in the lead how come all we hear of is Trump and Bernie?


Forget that witch. Trump has got his game up.


The black vote will go to Trump once he announces Ben Carson as his vice.


8yrs of Obama bungling jihad has sent a message to the heart of America's voting bloc (the bible belt) that liberals can never be trusted.


The foolishness of Hajiya Merkel in Germany is enough to have all moderates not vote a liberal wife of a fornicator as their president.

Have you asked why this campaign so far has been between Trump and his fellow republicns and Bernie and NOT Hilary?

Forget that biatch wife of a fornicator