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Car Talk › Re: Photos From The Scene Of A Multiple Accident At Ikate, Lagos. by BeeBeeOoh(m): 6:00am On Oct 04, 2016
Nawa oh! Na car cum rumple like this shocked shocked

Thank God for no life was loss this time around cool
Politics › Re: RECESSION: Nigeria’s Oil, Gas Reserves Running Out, NNPC Warns by BeeBeeOoh(m): 5:53am On Oct 04, 2016
mrvitalis:
Like pumping more money to increase our water boundaries in the south
Happy Recession cool cool
Politics › Re: PDP Heads For Tribunal To Challenge Obaseki’s Victory by BeeBeeOoh(m): 5:51am On Oct 04, 2016
Rigging has been in Nigeria for long, but this Edo election is just another definition of rigging. My Edo goons make una take heart, Obaseki has come to stay
Politics › Re: RECESSION: Nigeria’s Oil, Gas Reserves Running Out, NNPC Warns by BeeBeeOoh(m): 5:43am On Oct 04, 2016
sarrki:
Then the diversification should be hastened
Like pumping in more money for oil exploration in the chad basin right??
Celebrities › Re: Actress Daniella Okeke Puts Camel Toe On Display by BeeBeeOoh(m): 5:33am On Oct 04, 2016
This early morning angry shocked

Riciting our lord's prayer continuously, *Lead Me Not Into Temptation But Deliver Me From All Evil. Heading to morning mass
Romance › Re: Guy Staring At A Lady's Cleavage In A Club (Photo) by BeeBeeOoh(m): 9:30pm On Oct 03, 2016
Stupedinluv:
I can never truly understand why a significant amount of men in this part of the world have very low standards when it comes to women.
No just come my side with this kinda dress because grammar no go save u angry angry
Romance › Re: End Time Things? Lady Goes To Public Function With Practically No_cloths_on by BeeBeeOoh(m): 8:50pm On Oct 03, 2016
She looks like a teenage elephant angry angry
Politics › Re: Shocking: $17 Billion In Undeclared Oil, Gas Missing by BeeBeeOoh(m): 8:47pm On Oct 03, 2016
Mogbe!!!!!!! shocked shocked shocked


$17billion just like that shocked shocked angry shocked



Just leave me let me come & kill myself & die my die angry angry angry
Romance › Re: Slovakian Bride Wears Over 70M Naira Wedding Gown(£175k). by BeeBeeOoh(m): 8:33pm On Oct 03, 2016
MackBrooklyn:
The bride is 19 years old and she already looks like a laboratory pig cheesy cheesy
Funjosh:
Na this kin wedding no dey last when the wife dey wear clothes that can buy Osun state tongue
Oh mai gawd! People can be very wicked, mean & heartless.. shocked
Politics › Re: Between Saraki And Bola Tinubu In Abuja - Photo by BeeBeeOoh(m): 8:21pm On Oct 03, 2016
This is nothing but a meeting between a wogged Pen robber a.k.a fake assets declarer, 2 great & kponk Padder's & 1 nogged famous illegal landlord dazzol.. cool cool




#greathieves
Politics › Re: We’ve Not Reached Promised Land Yet At 56 – Obasanjo by BeeBeeOoh(m): 9:40am On Oct 03, 2016
Was Obasanjo not among the giants that hindered us not to get to the promise land??
Politics › Re: PDP Angry Because Buhari Does Not Share Dollars – Presidential Aide by BeeBeeOoh(m):
Isn't it better to share dollars & rice sells at 8k per bag, than not to share dollars & people buy a bag of rice at 23k per bag??
Politics › Re: Dignitaries At Enugu Hospital To Visit Rangers Player After Fracture. Photos by BeeBeeOoh(m): 9:13am On Oct 03, 2016
Congrats RANGERS FC.. Eno Ezy
Health › Re: This Iş Horrible(graphic Pix) by BeeBeeOoh(m): 9:12am On Oct 03, 2016
[size=20pt]Tonda Faya Devul[/size]
shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked
Politics › Re: FG Spent N3.1bn On School VIP Toilets- Daily Trust by BeeBeeOoh(op): 5:32am On Oct 03, 2016
agwom:
chai!
There Is God ooooooooooooooh!!
Politics › Re: Despite Tantrums By Shekau, FG Committed To Rescue Chibok Girls- Lai Mohammed by BeeBeeOoh(op): 5:29am On Oct 03, 2016
TPAND:
After releasing 400 of their members.
That is to show you that there are people that owns Nigeria no matter how heavy the crime they committed are. Quite unfortunate angry

Lalasticlala, Mynd44
Politics › FG Spent N3.1bn On School VIP Toilets- Daily Trust by BeeBeeOoh(op): 4:56am On Oct 03, 2016
The Federal Government spent between 40 and 50million naira to construct toilets and bathrooms in each unity school across the country, Daily Trust investigation has shown.
The government has over the years built dozens of these toilets termed “VIP toilets” in the unity schools.

It had spent a total of N3.1 billion to build VIP toilets and bathrooms in 64 unity schools in 2014 and 2015, according to investigation.
Funds are also provided in this year’s budget for such facilities. There are 104 Unity Colleges in the country.
The Federal Ministry of Education defended the cost saying the toilets were introduced to improve bathroom and toilet hygiene practices in schools.

An analysis of the expenditures of the schools as contained in the budgets showed that N1.45 billion was spent on VIP toilets and bathrooms in 2014 and another N1.64 billion in 2015.

The review of the budgets obtained from the budget office of the federation showed that 29 Unity Colleges spent N1.45 billion in 2014 with each getting N50million.
In 2015, 41 of the colleges got N40million each, making a total of N1.64 billion for the year.

It was observed that six of the colleges benefitted from the VIP toilets and bathrooms project twice. They are Federal Government College (FGC) Sokoto, FGC Okigwe, Federal Government Girls’ College (FGGC) Bauchi, Efon Imnringi, Ezzamgbo Abakaliki and Ibillo. Each got N50 million in 2014 and another N40 million in 2015 all for same projects.

The expenditure which was captured as: “VIP toilets and bathrooms for hostels and classrooms” was coordinated under the Millennium Development Goals (MDGs) now known as Sustainable Development Goals (SDGs).
Under same heading, the provision for modern kitchen and renovation of dining halls were also made.

In two years, all the Unity colleges in the country spent N12.4 billion on renovations, rehabilitations and other capital projects.

The schools that got the fund for the VIP toilets in 2014 are FGC Bani Yadi, Garki, Keffi, Ogbomosho, Okigwe, Port Harcourt, Rubbochi, Sokoto, Zaria, Billiri and Ikole.
Others are FGGC Akure, Bauchi, Efon Imnringi, Enugu, Ezzamgbo Abakaliki, Gboko, Gusau, Ibillo, Ikot-Obio-Itong, Ipetumodu, Jalingo, Kabba, Kazaure and Umuahia. Federal Science Technical College (FSTC), Awka, Michika, Usi Ekiti and Dayi also benefited.

The schools that got N40 million each in 2015 for the VIP toilets are FGC Sokoto, Ganye , Iket Nise, Iket Vandakya, Ikot Ekpene, Ikurin, Kaduna, Kano, Kiyawa, Maiduguri, Minna, Odogbolu, Ogoja, Ohafia , Okigwe, Okposi, Onitsha, Ugwolawo, Ido-Ani, Anka, Bajoga and Bakori.

Others are FGGC Bauchi, Bakori, Efon-Alaye, Efon Imnringi, Ezzamgbo Abakaliki, Ibillo, Langtang, Lejja, Omu-Aran, Oyo, and Yola. FTC Ikare, Federal Technical College (FTC) Ilesha, Kafanchan, Ohanso, Uromi, zuru and Suleja Academy are also among beneficiaries. Only one FSTC Jubu-Imushin got the N40m in 2015.

[size=13]VIP toilets to improve hygiene - Ministry[/size]

The Deputy Director, Press and Public Relations, Mr Ben Bem Goong said the VIP toilets were introduced to improve bathroom and toilet hygiene practices in schools. He said the toilets were less expensive and had child friendly facilities that reduced the incidence of communicable diseases. He said the toilets did not retain water like the normal WC to avoid water splashes on the body.

He said about five to seven toilets were being constructed in each school with each having an overhead tank to store enough water for the flush system.
The analysis revealed that in 2014, all the Unity Colleges in the country spent N8.818 billion on capital projects for building rehabilitation and renovations.

Aside from the VIP toilets projects, all the 104 unity schools nationwide were allocated funds for renovation and rehabilitation of projects from N50 million as minimum to maximum of N450 million.

The FGGC Gumi Tambuwal got N450 million; FSTC, Ekiti, N142 million; FGC Ipetumodu N133 million and FSTC Michika N132 million.

Our correspondents report that 23 unity schools received N50 million for capital projects, 43 got N75 million each and 12 others got N125 million each.
Also, 13 unity schools spent N100 million for capital projects even as seven unity schools received N82 million for the same purpose.

Other projects that featured in the expenditure of the schools were the completion of perimeter wall, building of classrooms, administrative blocks and hostels.
In 2015, the 104 unity colleges in the country spent N3.6billion on the building of toilets, dining halls, perimeter wall fences among others, an analysis of the expenditures of the schools has revealed.

It also revealed that more than 90 percent of the colleges including the Federal Science and Technical Colleges (FSTCs) and the Federal Science Colleges (FSCs) were all given N13.5m each.

The money, according to the budget breakdown obtained on the website of the federal budget office was used for the construction of sickbays, halls, access roads, staff quarters and classrooms.

While the Federal Government College (FGC), Sokoto topped the list in the allocation for construction and renovation in 2015 with N66.5million, FGGC Jalingo, King’s College, Queen’s, FGGC Gboko and 36 others only got the N13.5milion that was given to all the colleges.
But Queen’s college got the highest allocation of fund in the year under review with N621million, followed by FTC Yaba which had N606million, and FGC Ijanikin, Lagos came third as regards total allocation with N562million.

The review revealed that FSTC Dayi, Katsina got the least in total allocation for 2015 with N118million and FGC that topped the list in capital expenditures got a total allocation of N380million.

Further look at the expenditures of the Unity Colleges showed that each of the schools got between N40million and N70million for meal subsidy. This appeared in all the spending of the schools.

Also, the expenditure for fumigation and cleaning which ranged between N500, 000 and N1million appeared in all the spending of the colleges.

Meanwhile the analysis of the 2016 budget estimate submitted by President Muhammadu Buhari to the National Assembly has shown that the 104 unity schools will spend over N14.3 billion mainly on renovation, reconstruction, provision of street lights, perimeter fencing and purchase of motor vehicles among others in 2016.

Leading the pack is FGC Buni Yadi in Yobe State, which is to spend the sum of N962.5 million for the fiscal year 2016. Scores of students were killed and the school virtually destroyed when Boko Haram insurgents attacked it over three years ago.
http://www.dailytrust.com.ng/news/general/fg-spent-n3-1bn-on-vip-toilets/164934.html

Politics › Dino Melaye Asks Buhari To Grant Presidential Pardon/amnesty To Treasury Looters by BeeBeeOoh(op): 4:16am On Oct 03, 2016
Senator Dino Melaye had called on President Muhammadu Buhari to give presidential pardon and amnesty for treasury looters .

[b]Melaye in statement on Sunday said “Though an unrepentant advocate for integrity and forthrightness especially from public office holders, I however sincerely want to recommend that Mr. President grant Presidential Amnesty/Pardon to all those who looted our treasury provided they return all proceeds of their loot to the government within six (6) months of the declaration of the Amnesty.

“This, I believe will encourage the voluntary return of the the looted funds, empower the government financially to immediately commence the implementation of projects and programmes that will stimulate the economy and raise the peoples’ standard of living, and save the judiciary and other law enforcement agencies the agony of fruitlessly pursuing the looters in and out of the courtrooms.

In the long run, this would be a win-win situation for both the government and people of Nigeria,”he said.

“At the expiration of the six months’ ‘Moratorium’, all those who failed to comply would then be made to face the reality of aggressive and expeditious prosecution and eventual jail terms for convicts in accordance with the laws of the land”,
he said.[/b]

‘His Excellency and Distinguished’ from the names of President, Vice president, Governors and Senators respectively.

"In this regard, I recommend that henceforth no President, Vice President, Governor, or Deputy Governor should answer the name ‘His Excellency’ until the material condition of ordinary Nigerians has also become ‘Excellent’.

No Senator should continue to answer ‘Distinguished’ until the the masses of the people begin to experience a distinguished existence and no Federal or state Legislator should wear the badge of ‘Honourable Member’ until the ordinary citizen is himself living a life that can be classified Honourable in every material particular.
http://www.vanguardngr.com/2016/10/dino-melaye-asks-buhari-grant-presidential-amnestypardon-treasury-looters/

Celebrities › Re: This Birthday Cake Would Make You Want To Have Your Birthday Everyday by BeeBeeOoh(m): 3:12pm On Oct 02, 2016
TrapQueen77:
grin



Oohh dear... His thumbs tho grin grin grin looks like a dcck... tongue
Even on sunday's shocked shocked may God forgive your dirty mind..
Politics › Despite Tantrums By Shekau, FG Committed To Rescue Chibok Girls- Lai Mohammed by BeeBeeOoh(op):
The federal government has restated its willingness to negotiate with the Boko Haram to free the over 200 girls kidnapped from their school in Chibok, Borno State, in 2014.

The Minister of Information and Culture, Lai Mohammed, on Sunday reiterated Federal Government’s commitment to rescue the Chibok girls abducted by Boko Haram terrorists.

Mr. Mohammed’s statements come a week after the Boko Haram released a video, showing its leader, Abubakar Shekau. In the video, Mr. Shekau threatened to attack more cities and vowed not to release the Chibok girls until his group’s members in detention are released.
On Sunday, Mr. Mohammed spoke at a live programme on Channels Television on Independence titled “Nigeria at 56: Recursive, Resilient, Rising.”

He said that no group, local or international could claim to have more stake or to be more committed to the rescue of the girls than the Federal Government.

He added that the issue of the rescue of the girls was a humanitarian one that everyone or group should be “passionate but rational about”.

The minister said that contrary to the position of some critics, government had robust counter terrorism policy and had recorded significance success in fighting Boko Haram in the North East.

He noted that the fact that the Chibok girls were yet to be rescued should not be a yardstick to write off the achievements of government in decimating the Boko Haram.

Mr. Mohammed recalled that upon assumption of President Muhammadu Buhari’s administration, many parts of the North-East were under the control of the Boko Haram and were not safe and accessible.

He said that the situation was not the same today as no part of the North East region was under the control of the group.

He reiterated that Boko Haram had been decimated and government was working daily to ensure the release of the abducted girls.

“The North-East is free now, students are returning to schools, all the towns and communities hitherto under the control of the terrorists have been liberated and those who fled their homes are gradually returning,” he said.

The minister also recalled that when the Buhari administration assumed power, it was 410 days after the Chibok girls were abducted without any clue to their rescue by the previous government.
He noted that in all cases of abduction, especially by terrorists, 24 hours was critical to ensuring prompt rescue, adding that the government in power then did not utilise the intelligence then.

The minister said that the present administration had thrice established links with the Boko Haram for the exchange of the abducted girls with the arrested members of the terrorist group.

He explained that on each occasion, the efforts were thwarted by either the link with the terrorist, fresh demands by Boko Haram or division in the camp of the terrorist group.

Mr. Mohammed said government had not foreclosed negotiation with the group on the release of the girls but it wanted to ensure that the link were genuine and credible.

He said government appreciated the efforts of the “Bring Back Our Girls” (BBOG) group but noted that “the administration is as concerned as they are and ready to work with them in ensuring the release of the girls.”

On her part, Oby Ezekwesili, one of the leaders of the BBOG, reiterated the position of the minister that 24 hours was critical to ensuring success or failure in cases of abduction by terrorists, adding that the past administration failed in that regard.

Ms. Ezekwesili, however, said the BBOG group was disappointed that more than 900 days after the girls’ abduction, there was no tangible evidence or convincing plans by government on their release.

She said the group resumed its agitation with vigour to canvass citizens engagement in the release of the girls and ensure that government did not stay away from the parents of the girls.

She underscored the need for government to carry along the group in its rescue efforts and be consistent in its messages and briefings.

She pledged the support of the group to the government in ensuring a safe rescue of the abducted girls.
http://www.premiumtimesng.com/news/211780-despite-shekaus-tantrums-nigeria-still-willing-negotiate-boko-haram-free-chibok-girls.html

Lalasticlala, Mynd44

Politics › Re: Nigerians React As Reno Omokri Exposes Many Lies Of Buhari Independence Speech by BeeBeeOoh(m):
sarrki:
I love opposition
It makes the ruling or governing party to sit tight
Having said that for a caliber of reno he should
Have respect for the office if not the person of
Buhari they hated so much he shouldn't have behaved
Like their (Pdp) hired thugs online .
Reno you, your party and your boss (Gej )
Were given more than a decade to fix Nigeria what happened

I think you should be more constructive in your criticism
Next time
But isn't it obvious that those corrupt people in PDP then that mismanaged Nigeria for more than a decade are now saints under the wings of Buhari & APC??

Do we talk about Obj(the navigator in chief), Rotimi Amechi(the ATM machine), how about El-rufai, do you remember Kwankwaso, what about Bukola Saraki??


If I should advise you, this your line (PDP destroyed Nigeria for 16yrs) is stale. At least, find a new line.. #HappySunday
Sports › Re: Is This Why Many Nigerians Are Supporting Billionaire Ifeanyi Ubah Club?(photos) by BeeBeeOoh(m): 2:00pm On Oct 02, 2016
osesology:
Is this some kind of campaign strategy?
js
He has already said that he isn't contesting for Anambra gubernatorial next year, so do us a favour & chop stone..

Sports › Re: Is This Why Many Nigerians Are Supporting Billionaire Ifeanyi Ubah Club?(photos) by BeeBeeOoh(m): 1:58pm On Oct 02, 2016
Mujaheeeden:
That's a truck all these naija construction company use in conveying their field workers. grin



All these igbo boys will come for my head nw
Na DemDem..

Politics › Re: Recession: 10 National Assets FG May Sell- Premium Times by BeeBeeOoh(op): 1:15pm On Oct 02, 2016
Tallesty1:
Dancing my way to fp
clapping for him.. Lols

Politics › Re: Recession: 10 National Assets FG May Sell- Premium Times by BeeBeeOoh(op): 1:04pm On Oct 02, 2016
Tallesty1:
Make optimize it for front page.
I bought snake meat at the bush meat market near Tonto Dike's house when I was going to
Olajumoke Orisaguna's house to advise the former bread seller to desist from exposing her boobs like Cossy Orjiako and Maheeda as that will reduce the respect Nigerians have for her.




Thank me later
lols.... On my way back from the church, I saw Iyabo Oyo & Toyin Aimakhu coming from the adjacent street where I was planning to go visit one auntie Mercy Aigbe but unfortunately I couldn't meet her at home, her neighbours, The Ikeji's said she went out last night with one uncle Richard Mode Damijo that use to visit her.
Politics › Re: Recession: 10 National Assets FG May Sell- Premium Times by BeeBeeOoh(op):
[size=13pt]6. Africa Finance Corporation (AFC)[/size]

AFC is an international organization of African financial institutions to promote synergy between African banks. It was established by treaty between sovereign states, with Nigeria as one of the major shareholders through the Central Bank of Nigeria (42.5 per cent) from a total 47.7 per cent stake by African financial institutions.
Other members include Guinea-Bissau, Sierra Leone, The Gambia, Liberia, Guinea, Ghana, Chad and Cape Verde, Uganda, Rwanda, Gabon and Djibouti.
The corporation has substantial private sector participation, with several industrial and corporate shareholders including United Bank for Africa Plc (10.7 per cent,) Access Bank Plc (10.2 per cent), First Bank of Nigeria Limited (9.2 per cent), Wempco Group (9.2 per cent), Zenith Bank Plc (4.6 per cent), Union Bank of Nigeria Plc (4.6 per cent), Ecobank Nigeria Limited (4.6 per cent) and others 4.4 per cent. Total capital of the bank is put at $1.38 billion.

It is not clear what percentage of its equity holding in the bank the federal government is considering to dispose under the asset sale proposal.
Apart from outright sale of some interest, some of the other asset are only to be concessioned; meaning they will be owned and managed by a private investor for a period after which it will return to the government. Some of the asset in this category include the East-West rail lines and some major airports.

[size=13pt]7. East-West Rail lines[/size]

The concessioning of the East-West rail lines of the Nigeria Railways is close to being completed, with General Electric-GE as the concessionaire, several government officials have said.
The deal would see GE invest $2 billion in the Nigerian economy, including refurbishment of the single-gauge lines abandoned for over a year.
Under the deal, government would receive a hefty signature fee in foreign currency, as it would in other asset proposed for concessioning.

[size=13pt]8. Airports[/size]

Most of the 22 federal airports are in various state of disrepair. Although government is investing in the rehabilitation of about five of them at the moment, government is said to be considering including putting the others on the list of asset proposed for sale.
The Minister of State for Aviation, Hadi Sirika, has said the four major airports: Lagos, Kano, Abuja, and Port Harcourt, would definitely be concessioned.
“Government does not have money to put into these businesses and we don’t want to sell these facilities either; so that is why we are concessioning them because it is the only way to go,” he said.

[size=13pt]9. West African Gas Pipeline (WAGP)[/size]

The 678 kilometres West African Gas Pipeline (WAGP) is a project initiated by some oil and gas operators with the NNPC to convey 800 million standard cubic feet per day gas from Escravos area in Delta state to some West African countries, including Ghana, Benin Republic and Togo.
The project has suffered hiccups, resulting in long delays to the completion.

[size=13pt]10. Presidential Air Fleet[/size]

The debate on the reduction of the 10 aircraft in the presidential air fleet as a cost cutting strategy has been on for a long time.
Although the government has not said the presidential air fleet was one of areas being proposed for sale, some concerned Nigerians have urged government to take advantage of the opportunity offered by the planned sale of national asset to dispose of some the ten aircraft in the fleet.

If the government considers the proposal, some planes in the presidential air fleet may be sold.
http://www.premiumtimesng.com/news/headlines/211762-10-national-assets-nigerian-government-may-sell.html

Lalasticlala, Mynd44

Politics › Recession: 10 National Assets FG May Sell- Premium Times by BeeBeeOoh(op):
While the national debate on the sale of asset to raise funds to help Nigeria out of recession continues, the federal government last week said it has not taken a firm decision on the matter.

However, despite the government’s seeming indecision, a top official of the presidency had told PREMIUM TIMES about the administration’s intentions.

“Some of the intended sales could be in form of time-bound leases, advance renewal payments on leasing licenses and concessioning, which would attract buoyant signature fees,” the official said.

Below are some of the asset that may be affected should the federal government finally decide on asset sale:


[size=13pt]Nigeria Liquefied Natural Gas Limited[/size]

The six trains facility is reputed to possess the capacity to produce 22 million tonnes per annum (MPTA) of liquefied natural gas (LNG), and 5 MPTA of natural gas liquids (NGLs) from 3.5 billion standard cubic feet per day (BCF/D) of natural gas feedstock.

It is owned by four shareholders, namely: Nigeria, represented by Nigerian National Petroleum Corporation (49 per cent), Shell (25.6 per cent), Total LNG Nigeria Ltd (15 per cent) and Eni (10.4 per cent).

The NLNG-Six project consists of Train 6, additional condensate processing and additional LPG storage and Jetty facilities making up Train 7, under construction. When completed, total production capacity of the plant would grow to 30 MPTA of LNG.

The NLNG was incorporated as a limited liability company on May 17, 1989, to harness Nigeria’s vast natural gas resources and produce liquefied natural gas and natural gas liquids for export.

Its subsidiaries include Bonny Gas Transport (BGT) Limited and the NLNG Ship Management Limited (NSML).
The company has been Nigeria’s cash cow in critical periods.

In 2015, when the present administration came to power, the $2.1 billion dividend and royalty from NLNG served as the take-off grant.

The presidency official told PREMIUM TIMES that only five per cent of government’s 49 per cent equity would be sold, with a buy-back clause to be included in the share purchase agreement (SPA), for government to repurchase the shares when the situation has improved.
The arrangement would leave government with 44 per cent stake-holding in the plant.

“The federal government does not own the entire gas company, and will certainly not sell-off its entire shares. Government is open to selling 5 per cent, or thereabout of its 49 per cent shareholding. The decision is yet to be taken at all,” he said.

[size=13pt]2. NNPC[/size]

The Nigerian National Petroleum Corporation (NNPC) is the state-owned national oil company with business interests in the upstream and downstream sectors of the oil and gas industry.

In the upstream industry, NNPC operates seven joint venture partnerships, with Shell (55:45 per cent) and 60:40 per cent with Mobil, Chevron, Total, Agip, Elf and Panocean.

The corporation has at least 11 subsidiaries, with strategic business interests spanning exploration and production, gas development, refining, distribution, petrochemicals, engineering, and commercial investments.
It is not clear what percentage equity in the joint ventures or any of the subsidiaries the government is contemplating selling.

However, the Governor of Nigeria’s Central Bank, Godwin Emefiele, said government would soon commence the sale of about 15 per cent of its oil asset held by NNPC.
Mr. Emefiele, who has consistently canvassed selling part of government equity in the oil and gas joint ventures, said the present proposal is expected to yield a minimum revenue inflow of $10 billion for the country.
“A team of consultants has been commissioned to carry out a study on the proposed sale. The country’s income would have been beefed up to $15 billion if the asset had been sold earlier in the year,” Mr. Emefiele said.

[size=13pt]3. Port Harcourt Refining Company Limited (PHRC)[/size]

The Port Harcourt Refining Company Limited is a subsidiary of the NNPC.
The 210,000 barrels per stream day (BPSD) facility consists the 60,000 BPSD capacity refinery commissioned in 1965, and the new 150,000 BPSD capacity refinery opened in 1989.
In view of its declining production capacity in recent years as a result of age and poor maintenance, the refinery has been one of the facilities in the petroleum industry often identified for possible sale.

It was actually sold during the dying days of the Olusegun Obasanjo administration to some private investors, but the sale was reversed by the Umaru Yar’Adua administration following protests by concerned Nigerians that the process was not transparent.

[size=13pt]4. Kaduna Refining & Petrochemical Company (KRPC)[/size]

KRPC LIMITED is another subsidiary of the NNPC involved in refining of crude oil into petroleum products and petrochemicals.
The 110,000 BPSD installed capacity refinery was designed to process heavy crude oil from Kuwait, Venezuela, Saudi Arabia or Russia.
The refinery has been performing below installed capacity for long, mainly as a result of poor maintenance.
It is also one of the establishments in the oil and gas industry often touted for sale.

[size=13pt]5. Warri Refining & Petrochemical Company Limited.[/size]

Warri Refining and Petrochemical Company is a wholly owned NNPC subsidiary established in 1978, to process 125,000 barrels of crude oil per day.
The refinery’s refining capacity has equally dwindled drastically over time, recommending it for possible inclusion in government’s list of potential establishments likely to be sold.

Romance › Re: Am 14 Years Older Than Her; Can I Propose? by BeeBeeOoh(m): 11:43am On Oct 02, 2016
midolian:
cheesy grin

Vagina bi bawo? cheesy
abii e no do or makai Adam soki-soki.. wink angry
Literature › Re: A Tint Of White In The Dark [an Anthology Of Happy And Sad Short Stories] by BeeBeeOoh(m): 11:17am On Oct 02, 2016
[size=15pt]BeeBee0oh reporting live from sambisa room..[/size]
Romance › Re: Am 14 Years Older Than Her; Can I Propose? by BeeBeeOoh(m): 11:11am On Oct 02, 2016
midolian:
Yea, you can propose to train her to the end.




The problem with most of us is that we see every food as edible. Some foods are not just meant for us but for some others.

Why not complement the single mother by fathering her daughter till the end? Must you tear her to be a good father? huh

Na una make fresh babes dey turn our advances down. If you marry our mates, who go come marry your mates? angry

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