₦airaland Forum

free13: They muslims bigots are here:
Maclatunji
Pakkah
Demdem
Ballabriggs....

biggjoe: It is just you.... I believe that Abati have more important things to do than to go about deny frivolous claims of a cry baby.
So it is you, thats what you go about doing on daily basis on nairaland.

Monimatic: PRESIDENCY REPLIES CPC ON PASTOR AYO ORITSEJAFOR PRIVATE JET PROPAGANDA

The presidency yesterday dismissed allegation by the Congress for Progressive Change (CPC) that the private jet being used by Christian Association of Nigeria (CAN) President, Pastor Ayo Oritsejafor, was purchased by President Goodluck Jonathan.

In a swift reaction, Special Adviser to the president on media and publicity, Dr. Reuben Abati described the claim as an incoherent rambling which fits into a pattern of consistent “wolf crying” by a defeated group that hides under the cloak of opposition.

Abati said, “The statement by Rotimi Fashakin of the CPC is a thoroughly incoherent, stream of consciousness rambling that serves no purpose other than that it fits into a pattern of perpetual heckling and wolf crying by a defeated, unimaginative group that hides under the guise of being an opposition.

“More discerning persons know the truth: that the CPC and its ACN conspirators will say anything no matter how unreasonable just so they can be seen to be saying something in the name of politics.”

Abati noted that the Jonathan-led administration remained resolutely committed to the pursuit of the transformation agenda and would not be distracted or discouraged by “those, who in hustling for relevance, have chosen to place their selfish interests before and above the national interest.”

https://www.nairaland.com/1266118/oritsejafor-private-jet-acn-cpc#15364681

Dreal1247: .
BUHARI PROMISED TO MAKE NIGERIA UNGOVERNABLE 4 GEJ. THAT IS WHY IT IS ASSUMED THAT BUHARI IS THE HEAD OF BH. And he is among the first set of people to demand amnesty for bh.

175: U dis boi, i bow for ur blind criticism on anytin dat has FG colouration on it. Where is the proof to ur so called "what is well known"? Hate go kill u one day. . . .see im face.

njazra: Dont mind them. They said Tinubu is a thief, yet no evidence to nail him in court. They said Buhari is behind Boko Haram yet nothing to show and he is walking freely. Government of them say, them say. Mschew....

Gbawe: http://www.punchng.com/editorial/the-malabu-oil-scandal/



The Malabu oil scandal

JUNE 8, 2012 BY PUNCH EDITORIAL BOARD


THERE has been no let up in the harvest of corruption scandals dogging the Goodluck Jonathan Presidency. The latest, discomfortingly, leads right to the doorstep of the Presidency whose authorisation of payment in a controversial oil block deal has once more splattered the nation’s image with mud. Along with the pending oil subsidy fraud and the multi-billion naira pension scam, the $1.1billion Malabu Oil and Gas scandal should not be swept under the carpet.

Details of the deal are still murky and will require the Economic and Financial Crimes Commission to swing into action immediately to unravel the opaque transaction. News of the deal was broken a few weeks ago by online news sites that revealed how two oil majors – Shell and Eni – agreed to pay $1.09 billion for a once fiercely contested oil block – OPL 245 – only for the Federal Government to promptly re-route the money to Malabu Oil and Gas, a company said to have been promoted by a former Petroleum Minister. Global Witness, an American anti-corruption non-governmental organisation, said the over $1 billion paid by the Nigerian subsidiaries of Shell and Eni to the government found its way, first, into Malabu’s vaults, with, according to Premium Times, an online site, “a huge chunk of it ending (up) in the bank accounts of cronies and associates of government officials.”

Nigerians deserve more detailed explanations on why the Federal Government allegedly authorised the release of the funds and how this served the nation’s interest. Is it true, as alleged by Global Witness, that Jonathan instructed the Minister of State for Finance, Yerima Ngama, and the Attorney-General of the Federation, Muhammed Adoke, to pay the money to Malabu?

An attempt by Adoke to explain away the scandal has left some posers unanswered. If, as he claimed in public notices in some newspapers, the government only acted as an honest broker, a “mere facilitator of an amicable settlement between two disputing parties over a long-standing dispute”, why was the entire transaction shrouded in mystery? But for the NGO and online blogs, neither the parliamentary committees charged with the oversight of the oil and gas industry nor the public would have known about it. The secrecy is suspicious. The AGF also did not explain if the Finance Minster, Ngozi Okonjo-Iweala, was privy to the transaction and why it was the junior minister who was asked to release the funds to Malabu and not her. And was the money sent, as demanded by law, first, to the Federation Account?

Jonathan, who comes across as a President who does not receive sound advice, should have trod cautiously instead of plunging into the Malabu saga which his predecessor, Umaru Yar’Adua, adroitly side-stepped. A key promoter of Malabu was reportedly indicted on money laundering charges in France in 2007 and fined, a finding that was confirmed on appeal in 2009. He has also been named in the long-running Halliburton bribe saga as a possible beneficiary of sleaze money. OPL 245 was awarded to Malabu in 1998 but was revoked by the Federal Government in 2001 after faulting the award process before re-allocating it to Shell in 2002. Then followed a series of litigation in Nigerian, European and American courts involving Malabu, its partners and the Federal Government, some of which are still ongoing. A transaction as murky as this should have informed the President to be very circumspect before plunging into the fray.

Nigeria should not continue to be a byword for corruption, especially in the oil and gas sector, the nation’s cash cow. Already, the global community has given up on the possibility of transparency in the industry after interminable delays in passing the Petroleum Industry Bill that, in its original form, had promised to open up a sector notorious for opaqueness and graft. The watered-down version now favoured by the government only promises more of the same secrecy and graft in the industry.

Jonathan must do more to clear the Presidency of any wrongdoing in this saga. If he has, as usual, been fed the wrong advice by his officials, he has only himself to blame for the quality of his appointees. He should immediately order an investigation into the allegation that part of the fund has gone, not to genuine third party claimants, but to persons and firms close to the ruling Peoples Democratic Party.

[size=14pt]The President should realise that, under his watch, corruption has reached an unprecedented height and, as such, he should drop his leisurely approach to transparency in public office. When officials siphon N2 trillion in one year for a dubious fuel subsidy scheme, civil servants steal billions in pension funds, external reserves remain low at a time of high oil export earnings and allegedly corrupt ex-officials strut in public, any government worth its salt knows it is time to rev up the anti-corruption war.[/size]

The National Assembly should get to the root of this transaction and quickly pass the PIB in its original form. It should also not relent until it unravels all the facts of Malabugate.

thelastPope: Very weak response. -10

usayab: wetin Bamanga and aninih stil de do 4 politic

usayab: yeah! 2015 needs youngman lyk henry oka. Oka/kabiru sokoto 2015!. Mtsweee!

Lilimax: What is the way forward

OAM4J: I modified the title cos I was recommending the thread for home page.

He used the word "Pushing" not "Making" like the title from the news site suggests.

Goddex: Fashola brought street light to Nigeria

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
hahahahahahhahahahaHahahahahahahahahahahahahahahahahahahaha
hahahahahahahahahahahahahahahhahahahaHahahahahahahahahahaha
hahahahahahahahahahahahahahahahahahahahahahahahhahahahaHaha
hahahahahahahahahahahahahahahahahahahahahahahahahahahahahah
ahahahhahahahavHahahahahahahahahahahahahahahahahahahahahaha
hahahahahahahahahahahahahhahahaha . . .

can't stop laughing . . . my ribs!
When I saw that comment from one ACN peep, I was like, that guy
must come from the same village with Eko-Ile, Gbawe, Dayokanu,Kuroji,
Seanet, Demdem and co. I never beleived a Naija peep could be this timid.

Sensicut: All our old men and women in politics are thieves but as for me i don't care who is going to be our next president in 2015 all i want is changing of power from does bastard called PDP.i hate politics

Table Leg :
And what is it

POTUT: Buhari has been running since last decade. In that time, it has just been him. I don't see young followers around him. He doesn't cut across the spectrum of nigerians. Why did he limit his campaigns last time? It's not funds, its something else.

naptu2: We are about to get to an interesting point in the process. The law says that the merger must be approved by conventions of each of the merging parties. I'm very interested in knowing how Rochas Okorocha will organise a convention of APGA to approve the merger.

Sunny_bobo: What was Rochas doing there?

boron10: It is folly to use the increase in price of just two commodities to debunk the overall claim. Have you tried to observe the prices of goods and services in other sectors?

We should atleast be happy that Good news is coming from Nigeria.