Contigiency's Posts
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flyingpig:Stop being naive. Teaching in Hausa or any local language is not bad on it's own, depending on the subject. Whatever be the case, we should stop subjecting our languages and culture as being inferior and second class. Whatever language one uses to teach is not bad so long as the intended message has been passed and the listener understands what he or she is being taught. |
NaijaRoyalty:So you allowed yourself to be cajoled by this jungle journalism? So sahara reporters are saying that money realized from the concessioning will be paid into the minister's personal account? You should always know when some vested interests are sponsoring the media to write a damaging piece against certain policies that they think will prevent them from unruly activities. |
As for me and my family, we had long embraced saying the truth. And the real truth in this matter is that, buhari has shown more commitment, talking less and doing more in repositioning this country to attain greatness in no distant time. |
At the tail end of this trash called news was where I understood the idea behind it. It was all attempt to say it was Jonathan not buhari that made this possible. Nonsense human beings. |
How can you call it a secret and still let it out in the social media? |
This is what I call armchair statistics. I can't remember when anyone has approached me or anyone I know to collate such data. So I don't believe this report. |
Brandstudio01:You can say that again. |
EUROPEAN Union governments will support the Nigerian and South Korean candidates to lead the World Trade Organization as the race enters its final month. EU member-country envoys agreed on Monday in Brussels to endorse Ngozi Okonjo-Iweala, Nigeria’s former finance minister, and Yoo Myung-hee, South Korea’s trade chief, in their bids to become WTO director-general, according to an official familiar with the matter, according to a Bloomberg report Hungary swung behind the planned recommendation after being the only EU country to withhold support at a lower-level meeting last Friday of officials representing the 27-nation bloc, the person said on the condition of anonymity because the deliberations were confidential. Five candidates are still in the running to the lead the WTO. It plans to announce two finalists after today and name a winner by Nov. 7. Brazilian Roberto Azevedo stepped down from the job at the end of August – a year before his term ended. The Geneva-based trade body faces headwinds from the coronavirus pandemic, the U.S.-China trade battle, a hobbled arbitration system and a lack of tools to tackle growing challenges such as industrial subsidies
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A randy man coaching a female team? Nawaooo. |
Good sportsmanship. Our democracy is surely improving. |
I see infighting amongst the host community members. To nominate those that will manage the trust fund no be small matter. |
The Petroleum Industry Bill (PIB) has proposed that the host communities will receive 2.5 per cent fund on the basis of the oil companies’ actual operating expenditure for the preceding year. The previous versions of the PIB that were not passed had provided for the creation of Petroleum Host Communities Fund (PHCF) into which the companies will contribute 10 per cent of their operating expenses. If the reform bill currently before the National Assembly sails through in its current form, the federal government will have the powers to revoke licences held by oil companies which fail to incorporate a development trust fund for their host oil communities. The section of the bill dealing with the rights of host communities also indicated that the review had become necessary to foster sustainable prosperity within host communities and provide direct social and economic benefits from petroleum operations to the communities. In addition, it stated that the move would enhance peaceful and harmonious co-existence between licensees or lessees and host communities and create a framework to support their development. However, the trust fund to be created will be regulated by “The Commission and Authority” which will also be established by the bill on the “administration, guide and safeguard the utilisation of the trust fund and have the oversight responsibility for ensuring that the projects proposed by the board of trustees are implemented,” the bill said. When passed into law, the trust fund is expected to be incorporated within 12 months from the effective date for existing oil mining leases. The bill provides: “Failure by any holder of a licence or lease governed by this Act to comply with its obligations under this chapter may be grounds for revocation of the applicable licence or lease. “The constitution of the host communities’ development trust shall allow the host communities development trust to manage and supervise the administration of the annual contribution of the settlor contemplated under this chapter and any other sources of funding. “The objectives of the host community development trust shall include, to – finance and execute projects for the benefit and sustainable development of the host communities; undertake infrastructural development of the host communities within the scope of funds available to the Board of Trustees for such purposes; facilitate economic empowerment opportunities in the host communities as well as advance and propagate educational development for the benefit of members of the host communities.” It further noted that the fund to be set up would support healthcare development for the host communities; support local initiatives within the host communities, which seek to enhance protection of the environment and local initiatives within the host communities which seek to enhance security. It stated that notwithstanding the provisions of the Act relating to funding of the trust fund, nothing shall preclude the host communities from their entitlements under any other law. On the funding of the trust fund, the bill provides that: “Each settlor, where applicable through the operator, shall make an annual contribution to the applicable host community development trust fund of an amount equal to 2.5 per cent of its actual operating expenditure in the immediately preceding calendar year in respect of all petroleum operations affecting the host communities for which the applicable host community development trust was established.” The PIB stressed that the settlor shall, in the determination of membership of the Board of Trustees, include persons of high integrity and professional standing, who may not necessarily come from any of the host communities. While 75 per cent will be spent on capital projects, 20 per cent shall be paid into a reserve fund, which sums shall be invested for the utilisation of the host community development trust whenever there is a cessation in the contribution payable by the settlor. It stated that an amount not exceeding five per cent will be utilised solely for the administrative cost of running the trust and special projects, which shall be entrusted by the Board of Trustee to the settlor, provided that at the end of each financial year, the settlor shall render a full account of the utilisation of the fund to the BoT. The funds of the host communities development trust created pursuant to the Act shall also be exempted from taxation, the bill indicated. It stated that where in any year, an act of vandalism, sabotage or other civil unrest occurs that causes damage to petroleum and designated facilities or disrupts production activities within the host community, the community shall forfeit its entitlement to the extent of the cost of repairs of the damage that resulted from the activity. |
psucc:Oga, share to us where you read it. The only information known to the public domain is that, PDP at that time filed the case out of time, and so, the matter was discharged on that basis. The merit of the matter was never considered. |
Why now? Were they sleeping when this matter was an issue? Did they suddenly realize themselves? |
That's a welcome development |
Having Ikpeazu, T.A Orji and his son on the list means the award was created to immortalize mediocrity. |
Misplaced priority. |
It will be a wonderful idea. |
Waste of precious time and money. |
Mood11:Thank you bros. |
daddytime:Thank you bros. |
I request for my fellow Nairalanders to join me in praising the Almighty God for a special day in my life. Today market my 10 years marriage anniversary with my beautiful wife. As you can see, the marriage has yielded three handsome boys.
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SmartProf:Mike Ozokheme readily comes to mind. |
How I hate such headline like, spotted doing this or that, when you are the one that went with him and snapped him in the process. |
Myopic people will hardly understand. We are indeed moving forward as a country in our democratic process. We are seeing unprecedented maturity in our polity. It's a welcome development. |
Stupid report from a stupid blogger. How can he say APC thugs? Do they have APC written on their foreheads? |
Paramount01:I don't have to be in Edo before I can read the handwriting on the wall. |
michlins:You are the true son of your father. They think others behave like them. Until they know that you support someone does not stop you from calling a spade a spade. |
Let me repeat what I have been telling people. If Pastor Izy-Iyamu of APC wins with a margin less than 50k, I would clap for Obaseki of PDP. |
Let me repeat what I have been telling people. If Pastor Izy-Iyamu of APC wins with a margin less than 50k, I would clap for Obaseki of PDP. |
Let me repeat what I have been telling people. If Pastor Izy-Iyamu of APC wins with a margin less than 50k, I would clap for Obaseki of PDP. |
Let me repeat what I have been telling people. If Pastor Izy-Iyamu of APC wins with a margin less than 50k, I would clap for Obaseki of PDP. |
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