₦airaland Forum

lilflipnerd:
do u believe Obj yes or no

lilflipnerd:
Now Obj's Quote seems to b accepted by Tan

Despite its relative autonomy in those early years, NNPC was hopelessly inept. In the wake of allegations of massive fraud, including an improper withdrawal of more than $4b from the corporation’s accounts in the late 1970s, the newly elected President Shehu Shagari (1979-83) in March 1980 instituted a tribunal to probe allegations.

NNPC’s oversight and regulatory role over the industry was virtually non-existent, due to a combination of low capacity, sheer inaction, and simply a proclivity of the corporation to break the law.

Agreements with IOCs lay around for years without ratification, and the IOCs often acted as if the corporation never existed. [size=18pt]NNPC’s accounting system was an unmitigated shambles; the corporation had never prepared and submitted audited accounts. [/size]

[size=18pt]The industry under NNPC up to 1980 was so dismal that the tribunal— even with its full judicial powers to subpoena witnesses and information —could not reconcile crude oil production and sales figures from the various arms of government[/size]. The panel recommended the pruning of the power of NNPC and the streamlining of its operation for increased efficiency.

The limitation of the panel is underlined by the tribunal’s failure to summon Generals Obasanjo and Muhammadu Buhari, who as national ruler, and oil minister NNPC chairman respectively “supervised the NNPC and controlled oil sales during the period in question.

The limitation of the panel is underlined by the tribunal’s failure to summon Generals Obasanjo and Muhammadu Buhari, who as national ruler, and oil minister NNPC chairman respectively “supervised the NNPC and controlled oil sales during the period in question.

karlmax2:
WAtch the pack of illitrate come withdifferent type of abuse instead of treating the issue raised in the write up or try to deflect attention from the illitrate that would stibilize oil price

OrlandoOwoh:
Could you give us one achievement of Jonathan as Governor of Bayelsa State?

Despite its relative autonomy in those early years, NNPC was hopelessly inept. In the wake of allegations of massive fraud, including an improper withdrawal of more than $4b from the corporation’s accounts in the late 1970s, the newly elected President Shehu Shagari (1979-83) in March 1980 instituted a tribunal to probe allegations.

NNPC’s oversight and regulatory role over the industry was virtually non-existent, due to a combination of low capacity, sheer inaction, and simply a proclivity of the corporation to break the law.

Agreements with IOCs lay around for years without ratification, and the IOCs often acted as if the corporation never existed. [size=18pt]NNPC’s accounting system was an unmitigated shambles; the corporation had never prepared and submitted audited accounts. [/size]

[size=18pt]The industry under NNPC up to 1980 was so dismal that the tribunal— even with its full judicial powers to subpoena witnesses and information —could not reconcile crude oil production and sales figures from the various arms of government[/size]. The panel recommended the pruning of the power of NNPC and the streamlining of its operation for increased efficiency.

The limitation of the panel is underlined by the tribunal’s failure to summon Generals Obasanjo and Muhammadu Buhari, who as national ruler, and oil minister NNPC chairman respectively “supervised the NNPC and controlled oil sales during the period in question.

nuclearboy:
Thought TANDroids insist this same Saharareporters is APC's media arm

Bishop4bella:
Are you the VP.
All hope never loss for him and He can still be.

APC change
CHANGE federal

hizroyalflynes:
Infact my friend FARUK just verify. Ur comment he said itz impossible.. Quran never allow such marry infidels?
Muslims to d core can never marry a Christian
Unless he/she will convert
Expect the educated ones that sees it as barbaric

Curlieweed:
All I can say is that you were smarter when you were younger. What could be responsible for this?

Regarding the highlighted, have you ever heard of the term "stolen crude"? Regarding your second psuedo-economics point, if the jobs are created near the source of the crude, they won't really be jobs? Would they?

And here you are talking about sentiments. Out of it's 30 odd years of existence, how many years of full operation has it actually achieved?

omenka:
The lies being peddled by a section of the media, some of whose agents are here on Nairaland, is staggering. This is the umpteenth time one would deal with this issue. I think it's about time to let it rest. Some people are hard-wired to denounce the truth whenever they see it or hear about it, they thrive in lies, filth, and of course darkness!!

I wouldn't bother joining issues with anyone who imagines that Buhari deserves no credit for the establishment of some of the refineries we have in this country. I know what I know and no amount of uncanny alterations and propaganda can dent the squeeky clean reputation of the People's General.

God bless APC.

Obiagelli:
My bad, i actually didn't read the topic, buhari didn't sign the warri refinery. Apologies

Obiagelli:
I think the argument had always been about 2 refineries, warri and Kaduna.

In my opinion, he was massively involved in both refineries and he actually started the Kaduna refinery and finished the warri refinery. He also was instrumental in the birth/transformation of the NNPC.

You may not like the dude but his achievements (over exaggerated at times) speaks for him.

MY OPINION.

Brimmie:
Coming from Jibiti-Ole!!

atlwireles:
Thanks for this link.