₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,694 members, 8,436,938 topics. Date: Wednesday, 01 July 2026 at 06:06 AM

Toggle theme

Gwales's Posts

Nairaland ForumGwales's ProfileGwales's Posts

1 2 3 4 5 6 7 8 ... 27 28 29 30 31 32 33 34 35 (of 42 pages)

TravelRe: Mojor Towns In Northern Nigeria(arewa) by gwales: 11:02am On May 09, 2015
Mightymanna:
northern nigeria(Arewa)is the former northern region which is now divided into 20 states including fct abuja.the states are adamawa,abuja,bauchi,benue,borno,kano,kaduna,katsina,kebbi,kwara,kogi,jigawa,sokoto,yobe,gombe,taraba,nasarawa,plateau,zamfara,niger.almost sixty percent of the population of nigeria lives in the northern region.below are some beautiful pictures of arewa
KANO
kano which is the largest city in northern nigeria has successifully overtook kaduna interms of infrastructural development.it is the second largest city in nigeria coming after lagos.kano metropolis is made up of seven local government areas,it is the most industrialized town in northern nigeria.

KADUNA
kaduna is the second largest and important city in the north after kano,its has a population of over 2m,it is the capital of former northern region and its also a military town housing the only military university and largest polythecnic in nigeria it has the peugeot assembly plant and its also a very important railway junction,many important roads connecting north and south also pass through kaduna

picture
1 kano
2 kano
3 kano
4 kaduna
u said town and u are mentioning state
CrimeRe: How We Build Mansion In Lagos, Abuja And Kano by gwales: 7:52am On May 09, 2015
U see bah and they would come to nairaland and be shouting of how they control Lagos, Abuja and Kano economy. They always claimed they are the most hardworking tribes while the rest are lazy
PoliticsRe: Unwarranted Attacks Against Female Political Contributor Mzjackbaueress by gwales: 9:11pm On May 08, 2015
Berem is a fighter
PoliticsRe: Igbos In The Dallas/ Fortworth Embark on 30 Day Protest Against Dr Ariyo by gwales: 4:21pm On May 07, 2015
Cry babies on the loose
PoliticsRe: Ogoni Nation Will Not Support Lower Niger Delta Of Nigeria's Secession Bid by gwales: 12:58pm On May 07, 2015
fx45:
What exactly is Hausa-Fulani? Which tribe is that and what language do they speak? We are told that the Fulani are invaders that came from Futa Jallon Heights in faraway Guinea. Did they come with the Hausas or did they meet them on ground when they came? Why do U keep lumping two different and distinct peoples/tribes together? Is it part of a larger and grander scheme to further enslave+subdue them to the point where they completely lose their identity?
my father is Fulani and my mother is Hausa, so if I didn't c anything wrong being called Hausa/Fulani why should u?
PoliticsRe: Fayose And Muazu Took It To Another Level, Bigger Than Our Heads [PHOTO] by gwales: 12:42pm On May 07, 2015
Whynotthetruth:
Is he really owing that muchhuh...any evidence?
thenewsnigeria.com.ng/2015/02/15/bauchi-government-owes-teachers-11-months-salary what makes u think that the trio of muazu, Bala and yuguda can salvage the pdp in bauchi? The people that have no love between them and having animosity. Even without that there is no way the combine forces of these three can stop Gmb
PoliticsRe: Fayose And Muazu Took It To Another Level, Bigger Than Our Heads [PHOTO] by gwales: 12:09pm On May 07, 2015
Whynotthetruth:
Inasmuch as I desire for all to stop this show of shame and sheathe their swords, I find it quite contradictory and unbelievable that Jonathan couldn't garner even mere 25% in bauchi state with Muazu, Yuguda, bala Mohammed... something isn't right there...some truths need to be unearthed there...
yuguda is the worst thing to ever happen to bauchi politics so pls don't even think dat bauchi pple would vote for pdp when the state government didn't pay them upto a year salary
PoliticsRe: The Igbo Comment: An Apology To Soyinka by gwales: 9:46am On May 07, 2015
Apologies?? Soyinka don't need apologies from people who are infested with hatred and bigotry
PoliticsRe: Protest In Lagos Over The Execution Of Nigerians In Indonesia by gwales: 10:48pm On May 06, 2015
tete7000:
I don't think you read or maybe you didn't understand what they were saying. In brief what they are saying is that Nigerian embassies abroad do little to protect the interest of Nigerians there. They claim some of the convictions are spurious and could have probably been averted. The bodies of Nigerians executed were not taken care of while other responsible nations cared for their own. Yes they want the killings to stop, they won't be the only group to demand that, even UN Secretary General called for the abolishment of death sentence.
As a Nigerian, I feel pained that our youths get convicted abroad for drug trafficking, sometimes on spurious charges. It is however much more painful that embassies funded be tax payers' money do not rise to the occasion when need arises. Our government is totally irresponsible and it partly because of their irresponsibility that some of our youths become frustrated and resort to drug-peddling. Those guys have right to protest against an irresponsible Nigerian government in Nigeria!
the Indonesian law is very clear, drug trafficking is punishable by death, simple
PoliticsRe: OUTRAGEOUS! Indonesia To Execute 8 More Nigerians by gwales: 9:59pm On May 06, 2015
They should face the firing squad ASAP
PoliticsRe: PDP Heading For Self Destruction – Mark by gwales: 9:55pm On May 06, 2015
Gwales
TravelRe: @yola Airport: What Is Wrong With Our Leaders! by gwales: 10:47am On May 06, 2015
Dannyset:
This should not even hav happened in the first place not to talk of using it as an excuse why we have it this bad.
don't mind the guy, he is just lying. Yola airport was never attack.
TravelRe: @yola Airport: What Is Wrong With Our Leaders! by gwales: 10:45am On May 06, 2015
kITATITA:
Yola Airport has been attacked by insurgents few times. What you are seeing is a bold attempt at keeping the airport functional. Please understand that it is not a normal situation out there.
stop this lie pls, there was never a time that Yola airport was attack
PoliticsRe: Okorocha, Ogbonnaya Onu Led Barth Nnaji Other Igbo Leaders To Buhari (pics) by gwales: 12:37pm On May 01, 2015
Rochas, the jagaban of igboland!
PoliticsRe: Okorocha, Ogbonnaya Onu Led Barth Nnaji Other Igbo Leaders To Buhari (pics) by gwales: 12:36pm On May 01, 2015
Rochas the jagaban of igboland!
PoliticsRe: Tributes To The 129 ''spartan-like'' Soldiers by gwales: 12:12pm On May 01, 2015
colonel iluyomade

PoliticsRe: 'APC Will Win Entire South-east In 2019’, Says Okorocha by gwales: 10:51am On May 01, 2015
the jagaban of igboland
PoliticsRe: How My Troops Stopped Biafran Soldiers At Ore —col. Iluyomade (rtd) by gwales: 11:25pm On Apr 30, 2015
FreeGlobe:
I used to think this yoruba slavery is a joke until I saw this. who knows how many more things yorubas have bottled up? Lord have mercy grin
is this not slavery? Azikiwe Northern alliance

PoliticsRe: Courts Orders Coscharis To Release Information On StellaOduah’s Bullet Proof Car by gwales: 11:28pm On Apr 29, 2015
what is the similarities between these three stella, ngozi, maduekwe
PoliticsRe: 17 States That Might Make Buhari To Lose Presidential Election- Adedayo Ademuwag by gwales: 10:36pm On Apr 29, 2015
chukwudi44:
If Buhari wins in Benue state on March28, I will deactivate my moniker
lol
PoliticsRe: 17 States That Might Make Buhari To Lose Presidential Election- Adedayo Ademuwag by gwales: 10:33pm On Apr 29, 2015
chukwudi44:
Benue state worst affected by fulani herdsmen attacks would vote for a fulani man? Bros are you for real?
benue apc 373,961 pdp 303,737
PoliticsRe: 17 States That Might Make Buhari To Lose Presidential Election- Adedayo Ademuwag by gwales: 10:31pm On Apr 29, 2015
onatisi:
the best and fastest way to learn how to win an election,defeat a political opponent is to contest against buhari. He is the easiest politician to beat in nigeria history. even tofa or akala will beat this guy silly
u saidhuh
PoliticsRe: 17 States That Might Make Buhari To Lose Presidential Election- Adedayo Ademuwag by gwales: 10:29pm On Apr 29, 2015
akumada1:
Highest buhari will get from benue is 30%
benue apc 373,961 pdp 303,737 he he he
PoliticsRe: Could This Be True About Ojukwu In Abidjan by gwales: 8:40am On Apr 29, 2015
chiefinalowo:
Hahaha.... Ojukwu lost his polling unit to another party.
The margin was just too much to write here.
It clearly shows that they did not trust him when he was alive.
c hypocrisy

PoliticsRe: Picture Of Amaechi In Buba Attire, You Wont Believe He's The One by gwales: 8:35am On Apr 29, 2015
the lion of niger delta
PoliticsRe: Could This Be True About Ojukwu In Abidjan by gwales: 8:30am On Apr 29, 2015
this people sef, they keep telling us that he is their hero but common election they no fit vote for am!!!
PoliticsRe: Fuel Subsidy Ends Officially !!! by gwales: 11:24pm On Apr 28, 2015
gergemam:
Goodluck Ebele Jonathan
Always Creating a Significant choas each year for the past 6-Years

2011-Boko Haram
2012-Fuel Subsidy
2013-PDP Internal war starten
2014- Chibok Girls
2015-Removal of Fuel Subsidy Totally
u forgot immigration scam and NNPC loot.
PoliticsRe: NNPC Spent N3.65trn Without Approval by gwales(op): 6:13am On Apr 28, 2015
“To lay the matter to rest, President Jonathan, in
line with Section 7(2) of the NNPC Act, has
directed that the full report of the PWC forensic
audit of the NNPC accounts be released
immediately to the public so that all Nigerians
will be properly informed on the matter,” Abati
said.
He said, however, that the incoming
administration of Buhari had the liberty to
review all the actions of his government as it
may deemed fit, adding that the incumbent
government would continue to discharge its
duties of governance until the handover date.
leadership.ng/news/428985/nnpc-spent-n3-65trn-without-approval
PoliticsNNPC Spent N3.65trn Without Approval by gwales(op): 6:01am On Apr 28, 2015
the Nigerian National Petroleum Corporation
(NNPC) released yesterday showed that the
Corporation spent no less than N$18.53billion
(or N3.65 trillion) as operational costs without a
duly approved budgetary allocation.
The forensic audit report conducted by , showed
that the total gross revenues generated from
the federal government crude oil liftings
between January 1, 2012 and July 31, 2013 was
$69.34 billion and not $67 billion as earlier
stated by the federal government’s
Reconciliation Committee.
Out of this, total cash remitted into the
Federation Accounts in relation to crude oil
liftings was $50.81 billion and not $47billion as
earlier stated by the Reconciliation Committee
for the period from January 2012 to July 2013.
PwC was engaged the office of the auditor-
general for the federation (AuGF) to investigate
any and all crude oil revenues generated by the
NNPC that was withheld or unremitted to the
Federation Accounts between 1 January 2012
and 31 July 2013.
The auditing firm also indicted the NNPC of lack
of transparency and recommended full
disclosures of third-party liabilities.
“The analysis above and resulting potential
excess remittance suggest the existence of
liabilities to third parties incurred by the
Corporation. We recommend the Corporation be
required to disclose details of all existing
liabilities and impact on proceeds of future
crude oil sales.”
As indicated by the report, the NNPC drew
monies directly from revenues generated from
crude oil liftings to fund its operations directly
rather than remit same into the Federation
Accounts for disbursement and allocation.
The report shows that 46 per cent of proceeds
of domestic crude oil revenues for the review
period was spent on NNPC’s operations and
subsidies.
The auditing firm also faulted the NNPC’s
current model of operations, describing it as
unsustainable due to the resulting potential
excess remittance. The auditing firm stressed
that with the drop in oil price, the NNPC would
be unable to make any remittance into the
Federation Accounts if the current model was
not changed.
“The Corporation is unable to sustain monthly
remittances to the Federation Account Allocation
Committee (FAAC) and also meet its operational
costs entirely from the proceeds of domestic
crude oil revenues, and has had to incur third
party liabilities to bridge the funding gap.
“Furthermore, the review period recorded
international crude oil prices averaging $122.5
per barrel. By the time of concluding this report,
international crude oil prices average about $
46.07 per barrel, which is about 62 per cent
reduction when compared to the crude oil prices
for the review period. If the NNPC overhead
costs and subsidies are maintained (assuming
crude oil production volumes are maintained),
the Corporation may have to exhaust all the
proceeds of domestic crude oil sales, and may
still require third party liabilities to meet costs of
operations and subsidies, and may not be able
to make any remittances to FAAC.
The NNPC said it incurred a cost of $12.23
billion, paid $8.70 billion for verified Premium
Motor Spirit (PMS) and DPK (kerosene) subsidy,
despite the absence of a properly defined
framework for kerosene subsidy during the
period.
Other costs incurred by the Corporation
included demurrage claims by counterparties on
product-exchange arrangements, $0.14 billion;
verified crude oil and product losses, $0.83
billion; verified pipeline maintenance and
management costs, $0.49 billion.
However, the report showed that the NNPC also
incurred costs of $2.81 billion not directly
attributable to domestic crude.
The resulting potential excess remittance
indicates that the Corporation operates an
unsustainable model.
PwC, in the report, also said it was unable to
ascertain the exact unremitted revenues
accruing to the Federation Accounts as it did not
have access to NPDC’s full account. The Nigerian
Petroleum Development Company is a subsidiary
of the NNPC.
“We did not have access to NPDC’s full accounts
and records and we have not ascertained the
amount of costs and expenses which should be
applied to the US$5.11billion Crude Oil revenue
(net of royalties and PPT paid) per the NPDC
submission to the Senate Committee which
should be considered as dividend payment by
NPDC to NNPC for ultimate remittance to the
Federation Account.”
“Between 12 January and 29 January 2015, NNPC
provided transaction documents representing
additional costs of $2.81 billion related to the
review period, citing the NNPC Act LFN No 33 of
1977 that allows such deductions. Clarity is
required on whether such deductions should be
made by NNPC as a first-line charge before
remitting the net proceeds of domestic crude to
the Federation Accounts. If these are deemed
not to be valid deductions, then the amount due
from NNPC would be estimated at $2.07 billion
(without considering expected known
remittances from NPDC) or $4.29 billion (if
expected known remittances from NPDC are
considered).”
The forensic audit became necessary following a
letter in September 2013 by the former governor
of the Central Bank of Nigeria (CBN), Sanusi
Lamido Sanusi, to President Goodluck Jonathan
stating that from January 2012 to July 2013,
NNPC lifted $65 billion worth of crude on behalf
of the federal government but remitted only $
15.2 billion into the Federation Accounts, with $
49.8 billion as outstanding to the federal
government.
On December 13, 2013, the NNPC responded
that no money was missing. A Reconciliation
Committee comprising representatives of the
CBN, NNPC, Department of Petroleum Resources
(DPR), Federal Inland Revenue Service (FIRS),
Office of the Accountant General (OAGF), the
Budget Office of the Federation, Federal Ministry
of Finance and the Federal Ministry of Petroleum
Resources was set up
On December 18, 2013, the Reconciliation
Committee, in its report, estimated the
unremitted funds at $10.8 billion while the CBN
said it was $12 billion.
The CBN on February 4, 2014 informed the
Senate Committee on Finance that the NNPC
needed to account for $20 billion as the CBN
could only confirm receipt of $47 billion of $67
billion revenue.
On February 13, 2014, the NNPC provided
explanations of the $20 billion shortfall while the
finance minister and coordinating minister for
the economy recommended an independent
forensic audit.
On June 5, 2014, PwC was appointed by the
office of the Auditor General of the Federation
(OAuGF) to conduct a forensic audit into the
allegations.
Though the report of the forensic audit was
submitted in November, nothing was said about
it until February 2015 when a press briefing was
held by the Office of the Auditor General of the
Federation to announce that the NNPC was to
remit only $1.48 billion to the Federation
Accounts.
Probe me if you like, Jonathan tells Buhari
Apparently reacting reports credited to the
president-elect, General Muhammadu Buhari
(retd), that he (Buhari) would re-visit the alleged
missing $20 billion oil money when he comes on
board, President Goodluck Jonathan yesterday
ordered the immediate release of the forensic
audit report on the account of the Nigerian
National Petroleum Corporation (NNPC).
Jonathan further asked the incoming Buhari
government to probe the activities of the
outgoing government, saying his administration
had nothing to hide concerning the alleged
unremitted money.
Following the president’s directive, the
presidency yesterday evening released the
report of the forensic audit of NNPC’s account
which was conducted after former governor of
the Central Bank of Nigeria (CBN), Sanusi Lamido
Sanusi, alleged that over $20 billion was missing.
The said forensic audit report by
PricewaterhouseCooper (PWC) had indicted the
Nigerian NNPC and recommended that the
corporation refunds $1.48bn to the federation
account.
President Jonathan, who spoke through his
special adviser on media and publicity, Dr
Reuben Abati, also refuted the allegation by the
All Progressives Congress (APC) that his
administration had been engaged in last-minute
looting of the public treasury, rushed
privatization and hurried recruitments into
federal agencies.
He described the statement by national publicity
secretary of the APC, Alhaji Lai Mohammed as
unfair and combative.
Jonathan said the incoming administration of
Buhari had the liberty to review all the actions
of his government the way it wanted, adding
that his government would continue to
discharge its duties of governance until the May
29 handover date.
On the missing $20 billion, Abati who addressed
journalists at the presidential villa, Abuja said,
“President Jonathan is deeply concerned by the
continuing suggestions that his administration
still has anything to hide about the unproven
allegation that about $20 billion is unaccounted
for by the NNPC during his tenure.
“To lay the matter to rest, President Jonathan, in
line with Section 7(2) of the NNPC Act, has
directed that the full report of the PWC forensic
audit of the NNPC accoun
PoliticsRe: Picture Of Gen Buhari During The Civil War by gwales: 7:32pm On Apr 27, 2015
mryoungdon:
Die you fool, he will not try rubbish on our way to freedom. Die in your zoo. Nigeria is a ZOO
rubbish!!! your hero ojukwu ran to Abidjan
PoliticsRe: Picture Of Gen Buhari During The Civil War by gwales: 2:48pm On Apr 27, 2015
stupid u fought Nigeria, he would do it again if u decide to do again

1 2 3 4 5 6 7 8 ... 27 28 29 30 31 32 33 34 35 (of 42 pages)