₦airaland Forum

Mimido2:
see bad advice

tit:
Buhari os a thief. Sarali will make buhari piss in his shokoto one day

fxstory:
Probing all day without seeing the money

Franky826:

After probing I hope those found guilty goes to jail or nah?

HQuadreal:
Next as how.

ABUJA —THE House of Representatives yesterday inaugurated a committee to investigate the $17 billion allegedly stolen from undeclared crude oil and liquified natural gas exported to global destinations.

The development came on a day the Federal Government gave approval for appointment of the transaction parties for $1 billion euro bond issue.
The Ad-hoc committee, chaired by Abdulrazak Namdas, which was inaugurated by the deputy speaker, Yusuf Lasun, is expected to establish accurate figures of Nigeria crude oil stolen and sold to buyers globally.
In his address, Namdas, who is also Chairman of House Committee on Media and Public Affairs, stated that from preliminary reports, it was alleged that over 57 million barrels of Nigeria crude oil were illegally exported and sold in the United States of America.

He said: “Preliminary reports alleged that over 57 million barrels of Nigeria crude oil were illegally exported and sold in the USA between January 2011 and December 2014.

‘’The estimated revenue loss by the government of Nigeria is around $12,722,600,327 at an exchange rate of N196 to US$1. This translates to over N2 trillion.
House of Representatives
‘’If all revenues from crude oil exports lost due to the activities of those engaged in illegal export and sale of Nigeria crude oil are recovered from identified buyers, it will go a long way to support developmental goals of the government of Nigeria.”

He said 20 multi-national companies have been invited to assist the committee in unravelling the problem of undeclared crude oil exports, including the Nigeria National Petroleum Corporation, NNPC, Mobil Producing Nigeria Unlimited, She’ll Western Supply and Trading and Chevron Nigeria Limited.

Others are Total Exploration and Production Nigeria limited, Esso Exploration and Production Nigeria, China National Offshore Oil Corporation, CNOOC, Addax Petroleum Exploration Nigeria, Exxon Mobil Nigeria, Duke Oil Company limited among others.

Meanwhile, the Federal Government yesterday gave approval for the appointment of the transaction parties for the $1 billion euro bond issue.

The approval was effected at the meeting of the Federal Executive Council, FEC, presided over by President Muhammadu Buhari at the presidential Villa, Abuja.
Briefing newsmen at the end of the meeting, Minister of Finance, Mrs. Kemi Adeosun, with Minister of Environment, Mrs. Amina Mohammed and that of Information and Culture, Lai Mohammed said the bond would serve as financial base for the implementation of 2016 budget.

According to her, the participating parties include Citi Group, Standard Chartered Bank, Standard IBTC holding plc, White and Case, Banwo & Ighodalo and Africa practice communications advisers.

She said: “My memo which is approved by council was for the appointment of the transaction parties for the $1 billion euro bond issue.

“The bank transaction parties are Citi Group, Standard Chartered Bank, Stanbic IBTC, White and Case, Banwo & Ighodalo and Africa Practice Communications advisers.”
“The one billion euro bond programme is part of the funding of the 2016 budget and we hope to be able to commence that process in January.

OBTSubtle:
Fact still remains, banks sometimes invest in shady deals for different gains..


The cbn can't always control everything..


Alot of banks are controlled by organised crime rings, making it easy for them to launder money.. What do you say about that? What's the benefit of money laundering to the ordinary citizen?


No doubt, the Central Bank makes policies which safe guard our money.. It's the Central Bank, so why are you giving credit to commercial banks?

OBTSubtle:
Banks have been existing for years huh??

What are the numbers when it comes to reducing poverty?? These banks use your money to make money from the wealthy people..


These schemes actually bridge the gap and fight social stratification which makes us more or less pawns in the hands of those who the banks rub their names day and night..


In a very short period of the introduction of these schemes into Nigeria, we have seen massive drop in poverty and suffering.. If it was not so. I would've told you..




It's either you keep caressing a system that has made you believe what they want you to believe or take options and be a man of decision and not a robot of commands..

OBTSubtle:
I feel I have to build the suspense..


Not everyone will listen to this.. Since it's not about Jude insulting ugly girls or Lèzz and his buddies exposing one fake person or the other..


The only threads that bring traffic on "Romance" section aren't romantic threads(apart from the previous wedding photos which make front page) but controversial threads..


Don't you think it's time we stop making trouble and start making money?

ObioratheBully:
Considering the opportunities, calling it a tedious task would be just ungrateful..

ObioratheBully:
Before I continue, I'd like to appreciate the spacebookers.. Please do well to stick around and get what I'm about to deliver..


It's of mutual interest..

kazyhm:
is that enough to say "you re heart broken"

what about when you promised to show up in a guy's house alone but you pop up with a pride of lioness ?

is that suppose to be an heart break too ?

Techtalk:
I am actually referring to those that decided to be side chicks.

Raine80:
He is not your partner if you are the side chick and you know and accept that role...

Techtalk:
Nobody as the right to put you in any position you don't wan't. So, make your stand.

firstking01:
Women be anticipating getting marriage since the time they were still in their moma's belly....anyways, until i stand with my two legs marriage still remains the last thing on my mind...

And btw, important notes before delving into marriage...

*Don't marry becuse you must marry..

*Don't marry because your religion say yo must marru

*Don*t marry because your friend nkiru got married last month and you are 2 years older than her.

*Don't marry because of your fantasies of wearing ring and wedding gown.

*Don't marry because you love him/her and you think if you don't hasten up somebody else might outsmart you.

*Don't marry because his/her family are wealthy.


MARRY FOR JUST ONE REASON


Marry because God ordained it in the garden of eden and to fulfill purpose.

SINZ:
At 27? What do you think I'm 40?

SINZ:
Marriage? Haven't crossed my mind.