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Nairaland Forum / Butterflyle0's Profile / Butterflyle0's Posts
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Politics / Re: Who Is Your Preferred 2019 Presidential Aspirant And Why? by Butterflyle0: 7:11pm On Aug 20, 2018 |
Buhari for me, my entire street and my entire LGA. 5 Likes 1 Share
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Politics / Re: Eket Senatorial District Mega Endorsement Rally For Udom by Butterflyle0: 6:56pm On Aug 20, 2018 |
TonyeBarcanista: Out of the Government house 2 Likes
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Politics / Re: Eket Senatorial District Mega Endorsement Rally For Udom by Butterflyle0: 6:45pm On Aug 20, 2018 |
TonyeBarcanista: In your dreams. 2 Likes |
Politics / Re: Abookki And Afonja Listen: What Igbo Want Is Biafra by Butterflyle0: 6:42pm On Aug 20, 2018 |
Africonji: OP are you ipobians now tired of reporting to US, AU, ECOWAS, ICC, HAGUE, etc? Now you are reporting to Hausas and Yorubas So what do you want us to do for you? Why are you confused? |
Politics / Re: Eket Senatorial District Mega Endorsement Rally For Udom by Butterflyle0: 6:39pm On Aug 20, 2018 |
TonyeBarcanista: Paid crowd as usual from the stables of udom. As long as Its coming from Tonyebarcanista then know that failure is imminent. 9 Likes |
Politics / Re: Pmb Does It Again. Clears Nnpc Jv Debts Gej Left For Him. by Butterflyle0: 6:37pm On Aug 20, 2018 |
FarahAideed: Where did you run to? Come and declare your findings 9 Likes 4 Shares |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 6:36pm On Aug 20, 2018 |
klax: This one is confused 2 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 6:25pm On Aug 20, 2018 |
Glink2018: Its like there are some paid people on this platform that are just here to bamboozle people with their hate propaganda into making them vote for PDP in order to take us back to Egypt. Nigerians Unanimously say, NOT AGAIN!! 3 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 6:08pm On Aug 20, 2018 |
ewenla7: You will soon find out how people like Saraki are disgraced even on their own soil. 3 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:59pm On Aug 20, 2018 |
ewenla7: These are not the elite. These are the people. Saraki has always worked with federal might and for the first time, he will be without it and his people know that this is the only chance they have to take back their state from the saraki dynasty and they will do it emphatically. The moment all PDP structures in kwara decamped and joined APC that was the signal for his removal 4 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:52pm On Aug 20, 2018 |
ewenla7: Kwara has since gone back to the hands of the people and the people have rejected saraki and all he represents 3 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:36pm On Aug 20, 2018 |
ewenla7: Not now that the federal might has left him 2 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:35pm On Aug 20, 2018 |
Bawizzo: The developments and FG works are not in the medieval age. Stop wailing for once. |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:34pm On Aug 20, 2018 |
[quote author=DaBillionnaire post=70455289][/quote] Back to sender [img]https://media1./images/78a8cf1c1fb52d72916bfcdb5d226e1e/tenor.gif?itemid=5266895[/img] |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:30pm On Aug 20, 2018 |
Moukandjo: Lmao he be one man mopol Deluded guy 2 Likes |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:25pm On Aug 20, 2018 |
[quote author=DaBillionnaire post=70454962][/quote] Back to sender [img]https://media1./images/49de17c6f21172b3abfaf5972fddf6d6/tenor.gif?itemid=10206784[/img] And just to make sure, take this too [img]https://media1./images/e29671457384a94a7e19fea26029b937/tenor.gif?itemid=10048943[/img] Your wailing and pain has just begun 7 Likes 3 Shares |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 5:16pm On Aug 20, 2018 |
Peacecore: Resoundingly too!! 22 Likes |
Politics / Re: For Those Thinking That Pdp Can Defeat Apc In North, Sorry Fr The False Hope by Butterflyle0: 5:11pm On Aug 20, 2018 |
olasco2035: PMB SAK! With baba PMB we solidly stand |
Politics / Re: Pmb Does It Again. Clears Nnpc Jv Debts Gej Left For Him. by Butterflyle0: 5:03pm On Aug 20, 2018 |
#Accolades for PMB in Oil & Gas Another financial 'devastating phenomenon' that PMB inherited from GEJ is $6.8b JV Cash Call arrears, Baba brought it down to $5b (negotiating discouhts with IOCs) and this is being paid with increment in oil production...Aside that IOCs are now pleased to increase investment in oil and gas in Nigeria because NNPC transactions are now Cash Call Arrears Free. 11 Likes 4 Shares |
Politics / Pmb Does It Again. Clears Nnpc Jv Debts Gej Left For Him. by Butterflyle0: 5:01pm On Aug 20, 2018 |
International Oil Companies (IOCs) operating in Nigeria’s oil industry have commrended the Nigerian National Petroleum Corporation (NNPC) on the payment of all thejoint Venture (JV) cash calls arrears. They made the commendation at the on going Nigerian Oil and Gas Conference and Exhibition, in Abuja on Wednesday. They added that investment confidence and appetite were gradually coming back to the industry following the settlement of joint venture (JV) cash call arrears owed them by the NNPC. The NNPC in December 2016 got a discount of $1.7 billion from $6.8 billion cash call debt to its JV partners, and was asked to pay $5.1 billion instead. The IOCs include Mobil Producing Nigeria Unlimited (MPN); Shell Petroleum Development Company (SPDC); Total Upstream Companies in Nigeria (TEPN); and Chevron Nigeria Limited (CNL) among others. The chief executives of the IOCs who spoke on investment opportunities in the sector said they were glad the issue which obstructed negotiations for investments in Nigeria at their boards, was now off. “For as long as I have been in this industry, we have been discussing cash call as a never-ending issue, I think that we were able to sit down together as an industry and government to try and tackle that issue and we should not underrate the importance of that. “What that has done is that it opens up the appetite to have a conversation about investment. “Nigeria is competing for capital with every other country in the world and sometimes we forget that and think that we are world unto ourselves, but the reality is that each of these companies operate in 20, 30, 80 countries and people are competing for capital,” said Osagie Okunbo, Country Chair of Shell companies in Nigeria and Managing Director of SPDC. Osunbor further stated: “If the first thing that happens in your discussion is that debts that has been properly incurred are not being paid by your majority partner, it moves that argument before you may even start a conversation. “What is of significant today is that argument is off the table. For the first time, we finished a year without NNPC owing cash calls. ” I have a current CFO in Shell who was here five years ago and just returned, he says he cannot believe what is happening. “Essentially what he spent his time here was chasing cash calls from NNPC, today, he doesn’t have to do that. That just essentially opens up the appetite.” He stated that the industry must however insist of making the arrangement work, adding that there is the need to put our hands on the plough to ensure it does not derail. “We cannot take it for granted that we have a funding structure that works and assume it will continue to work. “I opened the paper sometimes and read that the governors have instructed NNPC to suspend payment of JV cash calls. We can’t do that, it is important that the very basis that underpins the progress we have seen in the industry is sustained.” he said Osunbor, explained that issues around security, contracting cycle, sanctity of contracts and thresholds of JVs and Production Sharing Contracts (PSCs) still needed to be sorted, as well as the reform laws in the industry. Also, the Managing Director of CNL, Jeff Ewing, stated that government did well in clearing the JV arrears. “The execution of those agreements have gone very well, and it has really boosted our confidence in the JV. “Some of the things that have happened have increased our activities in the JV because we have come confidence.” Ewing, however explained that the rise in oil prices had brought a. Level of confidence as regards uncertainties in the industry. He added that Nigeria needed to be competitive globally in the fiscal policies and ease of doing business adding that it was part of the IOCs discussion with government. “ The government is making some good steps on the PIB, changes to the JV oil terms – we are looking forward to that. We have also talked about our concerns in the public hearing on JV gas in deep-water terms, they need to be competitive to draw more money into Nigeria. “We see a lot of potentials in Nigeria, there is a big oil and gas reserves here; we just need to have the right framework in place to have a globally competitive fiscal prices in place to help us develop,” he added. Similarly, the Managing Director of MPN, Paul McGrath, explained that: “To unlock the potentials in the country, we need first of, certainty. The recent work that is being done in the petroleum industry bill and the reform in the national assembly, is an excellent piece of work, but it needs to have an end result.” “We need to have an industry reform bill or set of bills that will attract international investment not push it away. I’ve been very encouraged with the dialogues we’ve had with the national assembly and the technical teams till date. “They have listened, they are listening and tried to engage the industry and I think that is very interesting but at the end of the day, we need to stop talking about industry reform, have industry reform and then move on and unlock the potentials,” he noted.(NAN) Related Read more at: https://www.vanguardngr.com/2018/07/jv-cash-calls-iocs-commends-nnpc/ Mynd44, lalasticlala, OAM4J 6 Likes 4 Shares |
Politics / Re: Great News For Cocoa Farmers! PMB Has Done It Again! by Butterflyle0: 4:42pm On Aug 20, 2018 |
HotMata: All the past governments were interested in was Oil Oil Oil and free money from it. But PMB has been relentless with his pursuit of agricultural diversification and has thrown his full support behind it. |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 4:37pm On Aug 20, 2018 |
Saraki could not fix roads which were neglected for 20 years and PMB did it in just 3 years. Truth will always prevail regardless of all lies and hate propaganda. 58 Likes 2 Shares |
Politics / Re: Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 4:36pm On Aug 20, 2018 |
PMB is working and delivering dividends of good leadership to Nigeria. Kwara has fallen in line and made the victory in 2019 even sweeter. PMB SAK!!! 60 Likes 2 Shares
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Politics / Kwara Monarch, Ibrahim Chatta-Umar, Backs Buhari For 2019 by Butterflyle0: 4:34pm On Aug 20, 2018 |
Kwara monarch backs Buhari for 2019| The Nation http://thenationonlineng.net/kwara-monarch-backs-buhari-for-2019/amp/ 26 Likes
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Politics / Re: Great News For Cocoa Farmers! PMB Has Done It Again! by Butterflyle0: 4:27pm On Aug 20, 2018 |
Since 2010 the government under PDP refused to sign this agreement thereby limiting our cocoa farmers from taking full advantage and prospering as they should. Fast forward to 2018, PMB takes the landmark stride of signing it and has now officially opened Nigerias cocoa produce to the entire world PMB you deserve accolades. God bless you 1 Like |
Politics / Great News For Cocoa Farmers! PMB Has Done It Again! by Butterflyle0: 4:25pm On Aug 20, 2018 |
PRESIDENT BUHARI SIGNS INSTRUMENT OF ACCESSION TO THE INTERNATIONAL COCOA AGREEMENT, 2010. Sequel to the Federal Executive Council approval for Nigeria to accede to the International Cocoa Agreement, 2010, President Muhammadu Buhari Monday, at the State House, Abuja, signed the Instrument of Accession to the International Cocoa Agreement, 2010. Following the execution of the instrument of accession, Nigeria undertakes “faithfully to abide by all the stipulations therein contained” in the Agreement. Among other benefits, the Agreement is expected to strengthen cooperation between exporting and importing member countries; improve their cocoa economies through active and better focused project development and strategies for capacity-building. The 2010 Agreement is also expected to build on the successes of the 2001 Agreement by “implementing measures leading to an increase in the income of cocoa farmers and by supporting cocoa producers in improving the functioning of their cocoa economies.” It will also “deliver cocoa of better quality, take effective account of food-safety issues and help establish social, economic and environmental sustainability, so that farmers are rewarded for producing cocoa that meets ethical and environmental considerations. http://thenationonlineng.net/buhari-signs-instrument-of-accession-to-international-cocoa-agreement-2010/amp/ Mynd44, lalasticlala, OAM4J |
Politics / Re: 2019: APC Will Takeover Akwa Ibom Like When Hitler Invaded Poland – Akpabio by Butterflyle0: 4:16pm On Aug 20, 2018 |
sanpipita: Chai oga you are educational hopeless for saying the above. Please stop trying to infect me with your educational idiocy. I say I no want. |
Politics / Re: Rivers By-election Results That PDP Saw And Disrupted The Process by Butterflyle0: 4:13pm On Aug 20, 2018 |
swagagolic01: You are making my point for me 2 Likes |
Politics / Re: 2019: APC Will Takeover Akwa Ibom Like When Hitler Invaded Poland – Akpabio by Butterflyle0: 4:13pm On Aug 20, 2018 |
GSA01: Leave them continue twisting. Akpabio made reference to an already fought and won war and was simply pointing at the victory that ensued from it and the twisters can only see Germany and Hitler in their warped minds. Maybe Akpabio should have used an expression like " the victory of APC over PDP would be like the one Jesus won on the cross" They are just pathetic |
Politics / Re: 2019: APC Will Takeover Akwa Ibom Like When Hitler Invaded Poland – Akpabio by Butterflyle0: 4:10pm On Aug 20, 2018 |
sanpipita: Lmao little boy you have embarrassed yourself enough. Maybe your level requires that I use pictorial teaching aids for you and not actually engaging you because educationally, you are pathetically abysmal. |
Politics / Re: 2019: APC Will Takeover Akwa Ibom Like When Hitler Invaded Poland – Akpabio by Butterflyle0: 3:47pm On Aug 20, 2018 |
sanpipita: Severally is a wrong expression in that context little uneducated man. The right context should have been SEVERAL TIMES. You can keep displaying your idiocy since its clearly habitual |
Politics / Re: 2019: APC Will Takeover Akwa Ibom Like When Hitler Invaded Poland – Akpabio by Butterflyle0: 3:46pm On Aug 20, 2018 |
sanpipita: See educated illiterate showing his sham of an education so shamelessly. Correct expression should have been " I schooled you SEVERAL TIMES and not SEVERALLY. Stop embarrassing yourself so boldly despite your crass levels of education |
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