₦airaland Forum

HNosegbe: Hmmm... Isn't it funny how scanty threads like this are, while threads about Tonto Dikeh hit 10 pages?

NL is a reflection of Nigeria: We (most of us) chase after frivolities, we are easily distracted, we lack the ability to think deeply about issues, we have pitifully short memories, and worst of all, we are cowardly. We love our immediate comfort too much to make sacrifices for a better tomorrow.

That's why we keep sharing Abuja money every month: it's simply too convenient, and we're too lazy to think of alternatives.

Nigeria is poor, because Nigerians are mentally poor.

Gamji007: The traffic on this thread shows how much Nigerians lack the interlectual capacity to contribute into issues of national importance. And unfortunately, the interlectually deficient ones find their ways into leadership positions.

Nasarawa State has been appropriately tagged as “Nigeria’s Home of Solid Minerals”. [size=16pt]The State is one of the most naturally endowed states in Nigeria in terms of the availability of economically and commercially viable natural resources.[/size] Indeed each of the 13 Local Government Areas in the State is uniquely blessed with one form of Solid Mineral deposit or the other which can be sold in the local and international markets.
Below is a distribution of the Solid Minerals and their industrial application.

modicum: How "rich" is Nigeria compared to Angola if the former with a population of 160m people produces 2.3m bpd of Oil while Angola with a population of less than 20m produces 1.9m bpd? And how rich are both Nations compared to UAE that produces 3m bpd with a population of 7.9m?

I have often debated that "the wealth of Nigeria" is over-dramatized; and this seems to be an error committed by both Civil Society as well as the Politicians. So how really wealthy is Nigeria vis-a-vis providing for the needs of the Nation and considering the way everyone loves to say "they are chopping our money?"

Mineral Based Investment Opportunities
Ondo State, like several other states in Nigeria, is well endowed with various mineral resources of economic and excellent quality. Unfortunately, however, [size=16pt]over ninety- five percent of these minerals are unexploited and unutilized.[/size]


General Information
Ondo State is underlain by two major rock groups: The basement complex of precambrian age (3,000m.y-500 m.y.) and sedimentary rocks of Cretaceous to recent age (120million years present ).the basement complex underlies the northern part of the state and is made up of three groups of rocks, namely the migmatite gneiss complex; the met sediment and the older granites. The southern parts of the is underlain by sedimentary rocks, consisting of sands, sand stone, shale, clay and limestone. Two group of mineral exist in Ondo State; on-metallic mineral and mineral fuels. on-metallic minerals(industrial minerals)occur extensively throughout the state while mineral fuel, such as coal lignite and bitment exist within the sedimentary belt of the state around Agbabu, Okitipupa,Okeluse and Ute.

Natural Resources
Extensive fertile soil suitable for agriculture with sub-savannah forest suitable for cattle grazing in the northern fringes. Vast forest resources, variety of timber species e.g. Teak, Gmelina, Mansonia etc. Ondo State is the largest producer of Cocoa in Nigeria, other cash crops grown in the state include Rubber, Cashew, kolanut, Oil palm etc.

Mineral Resources
Oil and Gas, Ondo State produces 12% of Nigeria's total output. Other mineral resources found in the state are: Quart Sand, Clay, Granite, Limestone, Talc, Kaolin, Coal, Columbite, Rock, Tin, River, Mineral deposits, Bitumen which is the second largest in the world, Ocean fronts and the longest Coastline in Nigeria.

Imo is a state in Nigeria. It is located in the southeast region of Nigeria with Owerri as it capital and largest city. Other major towns are Okigwe, Oguta, Orlu, Mbaise, Uzoagba, Emekuku Mgbidi. The state is rich in crude oil, natural gas and fertile, arable agricultural land
Location

Imo State is located in the eastern part of Nigeria. It is located between Anambra State in the North and Rivers State in the South; and bounded on the East by Cross River State and Akwa Ibom State and on the West by the River Niger and Bendel State





Agriculture
The state also produces agricultural produce such as palm produce, cocoa and rubber. The main staple crops are yam, cassava, cocoyam and maize.


Mineral Resources
The State is blessed with abundant natural resources. These include crude oil, lead, zinc, white clay, fine sand, limestone and natural gas [size=16pt]in commercial quantities[/size]

Sincere 9gerian: Now this is a new low for you. All those conjectures and speculations only exist in your ACNized imagination.

I have no doubt in my mind about GEJ's determination to take on big challenges, like the rot in the oil and gas sector. An unserious mind would never had engaged a Ribadu to probe the sector and the period under probe ends in 2011, so there is no need to 'cover up' anything. Issuance of oil bloc licenses is a privilege the law empower the President to execute. To have the will is one thing but to execute it is another thing.
Dr Abati has been a baggage to this administration. He is a reactive person. He seem to think that his job is more to respond than to define. There is no reason on earth to call this an embarrassment because if the administration did not want to be 'embarrassed', they would have appointed a Fani Kayode to head the committee. Yes, for those who don't understand how government runs, reports are meant to be harmonized because the assignment is given with a perspective in mind but my problem with this particular one is that Abati is trying to chatsize the leakage. This should be played out big time. I need to see the end, but if anybody is covering up something, i need to see the person roasted. And for Abati, this reactive release has eroded lots of confidence and he should be replaced. He seem not to be speaking for Nigerians or the Presidency but for some other interests.

@Gbawe. SHUT ya mouth up. This report didnt 'show that this govt is very corrupt'; most of what was reportd happend b4 dis admin. Stop spreading yr silly propaganda...oh by d way, if the govt wantd to hide things the way u hv just stated it wud nt hv institutd d probe in d 1st place and appointd not only Ribadu but sm oda ppl in dat committee( do you hv any idea about d calibar of ppl in dat committee)? Stop making constant noise

Mr Falana is renowned for providing free legal services to the poor and disadvantaged, he has been detained numerous times by the security services for his activism. He has won numerous awards locally and internationally for his activism.

Obasanjo will go to jail – Falana

JUNE 13, 2012 BY TUNDE ODESOLA, OSOGBO


Lagos lawyer, Femi Falana, has predicted that former President Olusegun Obasanjo will go to jail if the eight-year tenure of the latter is investigated.

Falana spoke on Tuesday at an event organised by Osun State civil society coalition in commemoration of June 12, 1993 presidential election.

He said, “If President Hosni Mubarak could go to jail and other corrupt leaders in Asia and North Africa, it is a pointer that former President Obasanjo will go to jail.”

Falana said Obasanjo was richer when he ended his presidential tenure than when he assumed presidency, stressing the need to probe the former helmsman.

tomakint: Attention? About who? You? Gbawe you must have mistaken me for one of those Nairaland wannabes, you must be high on that tobacco you are smoking old man, ***too full of himself***

tomakint: Reading through your psychobabble up here, I have to conclude that you remain an 'Unrepentant Hypocrite'!

ASL33: This is not garbage cos its PDP. Don't worry another ACN garbage will make headline soon.

Nigerians and hypocricy

Tintinix: Too many allegations around this woman, either she is much hated or there are some truths in it!

But 59 trillion Naira oil deal , is 378 billion dollars oh!!

Is this not just sensationalizing a true but inaccurately reported oil deal?!

A part of the petition reads: “We, members of the oil-producing communities, are compelled to bring to the notice of the National Assembly the manner and /or mode upon which the allocation of the oil mining leases were fraudulently allocated by the Minister of Petroleum Resources, the officials of the ministry and the SPDC. “Mr. Jide Omokore’s Atlantic Energy Drilling Concept Limited neither tendered for, nor bided for the blocks.

By this deal, 60 per cent of NNDC’s 55 per cent stake of these assets is about five billion barrels, which when calculated with the 2013 crude oil benchmark comes to $380 billion or N58.9trillion. This figure is exclusive of the four trillion cubic feet (4TCF) of gas asset in the blocks valued at $15.72 trillion.

“The game behind this deal is brought sharply into focus by noting the fact that, on OML 26, 30, 34 and 42, Mrs Deiziani Allison-Madueke’s alleged no–bid approach via the so called “Strategic Alliance Agreement” fetched the Federation Account an upfront cash payment of little more than $50 million as initial entrance fee from Atlantic Energy, while SPDC’s open and competitive bidding process, though excluding indigenes of the area on the other hand, got $1.3 billion from Heritage Oil Plc, for its 45 per cent joint venture beneficial stake of the same block.

“Clearly, the true market value of the OML 30 assets divested to Atlantic Energy by NPDC, if the open and competitive bidding process mandated by Public Procurement Act had been followed, should not be any less than $800 million.

The said “Atlantic Energy Agreement” in OML 30 is annexed hereto.” Addressing the aggrieved communities who shut down all legislative activities in the National Assembly yesterday morning, Senate Deputy Majority Leader Abdul Ningi, assured the communities that the Upper Legislative Chamber would get to the root of the matter.

Afam4eva: [size=14pt]Isn't "Deconstructing" the opposite of "Constructing"?[/size]

luvinhubby: @ Gbawe
Over ambition is an obvious trait of megalonaniacs & absolute power, like Nigeria's presidency, in the hands of such persons will inevitably lead to gross abuse. A dull Goodluck is better than an abusive Rotimi.

The efficiency of any administration is not the product of it's head but by quality & efficiency of the composite team members of the administration.
GOOD LEADER + BAD TEAM = FAILURE
GOOD TEAM + BAD LEADER = AVERAGE SUCCESS

By the way, the Niger Delta people will prefer to lead under GEJ than to play second fiddle with Amaechi.

conyema12: The drums of 2015 politics is seroiusly sounding now.
Its is obvious to all that the relattionship bw Gej and rotimi amechi has been terribly severed since the day rotimi had a little brawl with the first lady.
For me amechi has nothing to loose by falling out with gej.. He successfully served his 2 terms as a governor with an incredible results. Aspiring for a VP polical positions is a wonderful move and there is every likelihood that he will succeed considering the fickle nature of PDP recently.

He should identify himself with good and credible things and not the good for nothing GEJ that has nothing to offer the country.
My 2 cents

luvinhubby: This Amaechi guy is exhibiting over ambitious tendecies & no over ambitious man has ruled Nigeria since 1999.

badesco: Gov. Ameachi is too over ambitious and i hope he does not end up in a thrash can like others.

eGuerrilla: Mirrors and imported whiskey it was 400 years ago. Crumbs, tunnelled through corrupt ministers, it is today!

I applaud the efforts made by the local communities thus far, to raise awareness about this subterranean sale of a people’s patrimony by an avaricious minority.

With facts that appear unassailable, let’s hope Nairalanders can look beyond partisan politics for once, and back this noble campaign for probity.

.

Addressing the aggrieved communities who shut down all legislative activities in the National Assembly yesterday morning, Senate Deputy Majority Leader Abdul Ningi, assured the communities that the Upper Legislative Chamber would get to the root of the matter.

He begged the aggrieved communities to give the Senate one month to invite all parties and resolve the issue holistically. “It’s not only the Niger Deltans who feel the injustice meted out to Niger Deltans.

We have tried to take care of the host communities because they have suffered from the oil exploration activities in the Niger Delta. “We have seen the petition and if it is true, you definitely have a case.

mikijagga: Gbawe strongly spoke in support of Amaechi as though he really saw an angel. Is it not the Amaechi we know in Rivers State? Hmm...You have never seen arrogance!!

The idea of using the governor's forum for opposition to the FG is an aberration. That is not what the body was constituted for.

Tolexander: 40 laptop crew over to you!

talktimi: Too much wahala on this woman's head

Minister named in N59tr oil deal
Our Reporter April 26, 2013 2 Comments »

Communities shut down N’Assembly as Senate intervenes

… Alison-Madueke not involved –Aide

From ADETUTU FOLASADE-KOYI, Abuja

Five aggrieved oil-producing communities in Delta State yesterday shut down the National Assembly over allegations that Petroleum Minister, Diezani Alison-Madueke and Shell Petroleum Development Company (SPDC) Limited were involved in a N58.9 trillion shady oil deal.

Besides, the oil communities declared that Nigeria would lose four trillion cubic feet of gas asset worth $15.72 trillion.

Already, the Senate has summoned top management of the Nigerian National Petroleum Corporation (NNPC) to explain their alleged involvement in the deal.

The five oil-producing communities and their leaders protesting the illegal deal are: Itsekiri Ethnic Nationality (led by Chief Emami Ayiri); Ijaw Ethnic Nationality (Chief Aribogha Johnny); Urhobo Ethnic Nationality (Olorogun Jaro Egbo), Isoko Ethnic Nationality Zino Onaemor); and Ndokwa Ethnic Nationality (Emmanuel Orwti).

The communities accused the minister of having secretly transferred production rights in four large oil blocks (OMLs 26, 30, 34, and 42) to Atlantic Energy Drilling Concept Limited, allegedly owned by Mr. Jide Omokore.

They also claimed that the deal was perfected “two days before President Goodluck Jonathan dissolved the Federal Executive Council (FEC) in 2011…”

In a petition presented to Senate President David Mark and Speaker Aminu Tambuwal yesterday, the communities alleged that there was “deliberate exclusion of indigenous rights to preemption and/ or first refusal and breach of open and competitive bidding on the four oil blocks.”

They demanded an outright cancellation of “the on-going hand-over of OML 4, 26, 30, 34, 38, 41 and 42 to Atlantic Energy and Septa Energy” and that the deal “be put on hold pending the determination of the issues raised in the petition.” The communities demanded an investigation of the abuse of due process by the National Assembly.

Besides, the petitioners accused the SPDC of active participation in the fraudulent allocation to unqualified contractors.

A part of the petition reads: “We, members of the oil-producing communities, are compelled to bring to the notice of the National Assembly the manner and /or mode upon which the allocation of the oil mining leases were fraudulently allocated by the Minister of Petroleum Resources, the officials of the ministry and the SPDC. “Mr. Jide Omokore’s Atlantic Energy Drilling Concept Limited neither tendered for, nor bided for the blocks.

By this deal, 60 per cent of NNDC’s 55 per cent stake of these assets is about five billion barrels, which when calculated with the 2013 crude oil benchmark comes to $380 billion or N58.9trillion. This figure is exclusive of the four trillion cubic feet (4TCF) of gas asset in the blocks valued at $15.72 trillion.

“The game behind this deal is brought sharply into focus by noting the fact that, on OML 26, 30, 34 and 42, Mrs Deiziani Allison-Madueke’s alleged no–bid approach via the so called “Strategic Alliance Agreement” fetched the Federation Account an upfront cash payment of little more than $50 million as initial entrance fee from Atlantic Energy, while SPDC’s open and competitive bidding process, though excluding indigenes of the area on the other hand, got $1.3 billion from Heritage Oil Plc, for its 45 per cent joint venture beneficial stake of the same block.

“Clearly, the true market value of the OML 30 assets divested to Atlantic Energy by NPDC, if the open and competitive bidding process mandated by Public Procurement Act had been followed, should not be any less than $800 million.

The said “Atlantic Energy Agreement” in OML 30 is annexed hereto.” Addressing the aggrieved communities who shut down all legislative activities in the National Assembly yesterday morning, Senate Deputy Majority Leader Abdul Ningi, assured the communities that the Upper Legislative Chamber would get to the root of the matter.

He begged the aggrieved communities to give the Senate one month to invite all parties and resolve the issue holistically. “It’s not only the Niger Deltans who feel the injustice meted out to Niger Deltans.

We have tried to take care of the host communities because they have suffered from the oil exploration activities in the Niger Delta. “We have seen the petition and if it is true, you definitely have a case.

This is the first time we are seeing this maladministration if this petition is true. Please, give us 30 days instead of the two weeks asked from lawmakers.”

Minority Whip Ganiyu Solomon echoed Ningi’s request for 30 days to carry out a “comprehensive investigation into these allegations” while the Chairman of the Petroleum Upstream Committee, Senator Emmanuel Paulker, assured the protesters that the new Petroleum Industry Bill (PIB) is already addressing the problems.

“The PIB is dealing with most of the problems you are talking about. I know the oil wells very well on paper, that is, the OML 30 and co. Next week, the Upstream Committee will invite your representatives and officials of the Nigerian National Petroleum Corporation (NNPC) to come and address these accusations.” Leaders of the communities agreed with the intervention package outlined by the National Assembly on the matter.

Reacting to the demonstration, the minister’s media aide, Mr Kelvin Alonso, confirmed that her principal was actually aware of the protest by youths at the National Assembly.

He denied the minister’s involvement in a N59 trillion oil deal with the SPDC. Mr Alonso, however, declined to speak further as he insisted that he must get the details from Alison-Madueke before making any comment. He said though he could get the minister’s position on the allegations later in the night since he was yet to contact her for comments.

“Yes, we are aware and the minister is also aware of the development this afternoon at the National Assembly. But I can only get any comment or reaction from her when I am able to meet with her.

At the moment, she is in a meeting and I can’t access her”, Alonso said. He promised to get back to our correspondent in two hours time, but could not, at the time of filing this report.

Billyonaire: What manner of journalism is this ? Is it the OP is daft or he is just mischievous ?

amuaee: Story, even as GEJ be president,wetin we wey frm Niger DElta de benefit, ds oil wey dem de talk abt, u don taste d money b4.personally I ll neva vote for GEJ again

RUSHIN’ TO POSH SCHOOLS


25th April 2013 By Daily Star reporter
PRIVATE schools are relying on overseas pupils to fill gaps as the number of British students falls.

Russian pupils at the UK’s fee-paying schools, where charges average £14,000 a year, have increased by 27% in the past year.

The number of Nigerians studying at the schools is up 16% while Chinese rose by 5%.

But the total of homegrown British pupils fell by around 0.4%, according to the latest census by the Independent Schools Council.

ijaw citizen: I no really know where e for dey pain these Yoruba and northerners, No President has ever worked as hard or achieved as much as Jonathan under 3 years and no president has ever faced the magnitude of problems he is tackling right now.

figment232: Why are u so naive? cant u see Amaechi is drowning,all odds are against him. he will go d way of Timipre