₦airaland Forum

9jadelta: Failure accompany failure! Nigeria is a fail state
So if everytin fail it shouldnt be shockin

ifeci: Please stop writing epistles even though we know that you are on full time employment!

mu2sa2: Yes we deserve what we bargained for. Of the 3 leading presidential candidates in 2011 elections GEJ was the least likely to deliver but people voted out of sentiments - religion(he's a Christian), regional(he's south- south), myopic(he had no shoes when he was in primary school), ethnic (he's from my tribe). And the PDP completed the charade with massive rigging. So as u lay ur bed so u lie on it.

dedeike: Please you guys should give some loan to El Rufai so that he can start up a small scale enterprise because he is presently unemployed.

martyns303: beside cardiac arrest, can u please remind me how a tingling sensation is a symptom of coronary thrombosis? atherosclerosis conditions are usually accompanied with sudden and severe chest pains. maybe am wrong.

gst101: we say ghanas education is better than naijas education. But how comes thye have not produced the likes of wole soyinka, chinua achebe, chimamanda, philip emegwali, sanusi lamido etc. Mention one ghananian intellectual that will immediately be recognised by anyone on the continent or the world.

Rossikk: Personally I think we should BREAK DIPLOMATIC RELATIONS WITH GHANA.

This nonsense has gone on too long.

I can bet you their economy would collapse like a house of cards if we pulled the plug on them. Stop the low priced oil supplies, order our banks and financial institutions to divest from their economy. And finally, we could clandestinely sponsor their neighbours like Ivory Coast and Burkina Faso to destabilize them, since they have no real army to defend their country. In fact we could mess them up so badly they'd be worse than Somalia in 3 years. In the end, we'll send in our ECOMOG troops to save them from themselves, and they'll become another grateful Nigerian 'colony' like Sierra Leone and Liberia.You are thinking.. Why I love America anytime anyday

Billyonaire: How do you impeach a PDP President, when PDP controls the Senate. I didnt have to read the thread to know the writer is not a politics savvy.

Akiika: Call Dino whatever you like but,.....is the corruption he exposed on the floor of the house (about Dimeji Bank-OLE and co.) TRUE or FALSE? Is what he just said TRUE or FALSE? How can people display an absolute aberration for the rule of law and yet still walk free on the street. If that scandal is properly investigated, i bet even Timbuwal (the speaker) will be culpable. I have always maintained that the military is still coming one more time.

dedeike: Inspite of all the efforts of most Hired agents on this forum to confuse issues, I will always try to remain on the path of facts and truth hence my resolve to treat all the issues raised by Dino one by one.I will do this with all civility , decency and proof while expecting that the hired agents will once again resort to the laughable 40 laptop theory.
One, Dino lied when he said other Ministers were better. We all hve a dossier of these Ministers. ETETE acquired so much wealth to the extent that he was rumored to be breeding lions in his PH residence. ETIEBET became so much rich from corruption that he floated and funded a political party in pursuance of his failed presidential bid.
Two, Dino lied when he said the ministry was decentralized under Obj. We all know and heavily criticized Obj for appropriating the office of MINISTER OF PETROLUEM. OBJ WAS MINISTER OF PETROLUEM. when calls against this anomaly reached a deafening crescendo, OBJ had to create additional portfolios for Gas, oil, energy etc. These were cosmetic Ministries with no much schedule, office or even perm secs or directors.
Three, Dino also lied when he accused DIEZANI of the brazen corruption in NNPC. In all the revelations emerging from all the investigations in the oil sector,none has directly linked DIEZANI to the scandals. That is not to say that she's a saint but at least as intellectuals we must learn to speak with facts. What DINO deliberately hid from the public is that DIEZANI is the one spearheading all these revelations because of her reforms. DIEZANI appears very unpopular today because she is the one who has mustered the courage to confront the cabal that has held our oil industry prostrate. Look at her policies. 1. Withdrawal of oil subsidy upon which the cabal has corruptly enriched themselves. 2. Impose higher barriers in the template for participation of oil companies in the export crude market. 3. Formulation of the new PIB which is set to revolutionaries the industry. 4. Instigated serious probes in the oil sector like the AIG IMOUKEHEDE committee and the KPMG AUDIT thus bringing to fore the can of worms in NNPC and the subsequent major shake up. 5. Pursuing full deregulation of the downstream sector for more efficiency and transperancy. 6. Insisting on local content in the crude market.
Four, Dino lied again when he sought to heap JP MORGAN on DIEZANI's Head. We all know that JP MORGAN is an illegal account by NNPC and CBN. ordinarily, our searchlight should be concentrated at SANUSI LED CBN. But these EL RUFAI agents on Nairaland would rather prefer to confuse issues and divert our attention from their paymasters's kinsman.
In conclusion, I know that none of these El rufai and KOBOJUNKIE agents would risk joining issues with me on the facts I have raised above rather they will come up with the usual
40 man laptop propaganda. I have one advice for them. GROW UP

cyril83: says who FG invested oil money in lagos,if you say agriculture money fine!since the advent of this crude oil,tinubu and fash can account di amount FG had invested to the state...have you forgotten that obasanjo refused to pay allocation to lagos for years...@op you ursef know appropriate answer to this question,even if you ask a new born baby he will definately tell you LASGIDi

flossin: Is it just me, I dont beleive on those posts...
1. the profile seems to just have been up
2. just 35 friends common...
3 even check on the brother , when he added her as a friend was recent also and he has 360+ friends

Well theres just something fishy about this whole writeup and why it is coming out now

Paentera: Cldn't help but laugh at the pictures. Not laughing at the girl, but the claim that there's a resemblance with the MOG. I mean, what were those high on smoke seeing? Also, the lady in question looks unkepmt, I wonder why? Even if the MOG had some free time with her in the past, I doubt that this kid is for him - she looks like some1 who would have granted same favours to many other people.

LWKMD

porka: I think you have made a valid point in bringing to fore many controversies surrounding this company and its alleged parent company. We will continue to monitor things as they unfold.

However, to your question, please refer to Nigeria pre-MTN/Econet's adventure in 2001. Many people raised similar questions why the Oranges, the AT&Ts of this world did not show interest. Why some third rate telcos from Zimbabwe and South Africa? They asked. However, we have seen what their risk-averse, ask-questions-do-nothing, it-will-never-work, corruption-rife mentality has caused them. A life-time miss in opportunity to invest in a volatile but promising market.

Pergrace: Shell Pays Federal Govt $46B Oil Tax in 4 Years


Shell Pays Federal Govt $46B Oil Tax in 4 Years
by Mohammed Shosanya
|
Daily Trust (Abuja)
|
Wednesday, May 09, 2012
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Shell said it paid the Federal Government $46 billion (N7.2 trillion) oil tax revenue in four years from 2007 to 2011.

The company's briefing notes obtained by our correspondent states that Shell Petroleum Development Company paid about $38 billion as tax and royalty, while its offshore arm, Shell Nigeria Exploration and Production Company paid $6 billion during the same period.

The multinational oil company also said it contributed over $164.1 million to the Niger Delta Development Commission last year as required by law.

Additionally, $76.3 million was directly invested by the company towards addressing social and economic development challenges in the region, according to the notes.

Shell said its gas flaring dropped by over 60 percent between 2002 and 2011 from over 0.6 billion cubic feet a day to about 0.2 bcf/d, adding that flaring intensity was almost halved in the same period, from about 0.80 Mscfd/bbl to 0.45 Mscf/bbl.

According to the company, despite the restiveness in the Niger Delta and delays in the Nigerian National Petroleum Corporation contract approval processes, it installed associated gas gathering infrastructure at 36 sites between 2000 and 2011 covering about 65 percent of its associated gas production.

It, however, said 18 of these facilities were either vandalized or not commissioned because of the crisis in the Delta region between 2006 and 2010.

Shell said: "In May 2010, following improvement in the security situation in the Niger Delta, SPDC resumed work on additional gas gathering projects. By the end of 2011, seven of the vandalized facilities had been completed and work is underway at 17 new sites.

"The associated gas to be gathered will be available for use in power stations and by industries. When completed, these projects will extend AGG coverage to more than 90 per cent of the associated gas produced in our operations. SPDC estimates the entire AGG program will cost over $6 billion when completed."

Copyright 2012 AllAfrica Global Media. All Rights Reserved
http://www.rigzone.com/news/article.asp?a_id=117725


$46BILLION DOLLARS AND YET WE ARE STILL STRUGGLING TO REPAIR OUR REFINERIES. HOWEVER,IT COSTS $4.5 BILLION TO BUILD JUST 6 REFINERIES,WHEN WE HAVE OVER $46BILLION THAT CAN FETCH US 10 REFINERIES.
FROM THE ARTICLE ABOVE,THIS TAX PROCEEDS OF $46BILLION IS JUST FROM SHELL ALONE, NOT TO TALK OF EXXONMOBIL, TOTAL,CHEVRON,AGIP ETC.
NA GOD GO HELP US FOR THIS NIGERIA.