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Jpphilips's Posts

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Politics › Re: Documents Trace The Whereabout Of Missing $7.8bn NLNG Dividends - TheCable by jpphilips(m):
bayelsaowei:
I have always thought about this too...but the question is would the FG allow suchhuh...

Would the FG allow oil producing states take up such projects without wanting to get 50 percent as usualhuh..If that is possible then I think regionalism is espoused...
The federal Government will get their usual 60% in a negotiated joint venture, is it not the true federalism you guys are harping on?
The good thing about Nigeria's FG joint venture agreement is that if you give FG 60% of the proceeds, FG will give you 60% of your investment cost, where they are unable to pay you with cash, they pay in kind by allowing you to take their cut till you recover your investment, the news we just read said Alison madueke asked for authority to pay the 49% investment fund in the Brass LNG that is a proof.

How much is Texas oil producing companies paying to the government can you guess?
Our idea of true federalism is taking over FG investment without paying a kobo, isn't that stealing?
That is the reason N.sudan is bombing S. sudan till tomorrow, you can not take over someone's investment without paying for it. Hugo Chavez tried it in Venezuela and his economy paid dearly for it, S.Sudan tried it and they have officially been declared refugees.
If you declare the republic of Niger delta, the FG will ask you to pay for their oil assets if you wish to take it, just like NPDC paid shell to take over their divested equity in the Niger delta, shell sold a part of their asset as high as $600m, yet they are crying the asset was undervalued by the Nigerian government, extrapolate what 100% ownership will cost.

Every month, FG & states share money, FG will invest theirs to ensure economic sustainability, states will squander theirs, in a short while disgruntled !diots will start bombing FG investments as if it fell from heaven.
Dangote an individual is building the biggest refinery in Africa with 2 lucrative oil blocks as feedstock, is it beyond Ekiti, Osun and Ogun states? Is the Fg bothering him? Amaechi sold a power plant that belongs to rivers state the other day, meanwhile he could not complete a mono rail project, his predecessor Peter Odili built a power plant in Transamadi, to the states it's all about sell and squander.

Emeka Anyaoku is building a refinery in Anambra state with 3 oil blocks to feedstock it, is the FG bothering him? make the investment, pay royalty to the FG that is resource control, Niger delta's idea of resource control is, seize FG investments then pay royalty to FG, isn't that madness? Every Niger deltan has every right to acquire oil acreages and develop it, Lulu brings a Niger delta son has producing oil acreages in the delta, is the FG bothering him? he is producing and paying his royalties, same with FHM.
Only an !diot will call FG's investment resource control, thieves, tomorrow you ask Obijackson to dash you Gobowen because you want resource control, where were you when he paid $400m to acquire an oil block in part, thieves!!
Business › Re: Naira Sinks To 378/dollar As Analysts Expect MPC Action by jpphilips(m): 9:13am On Jul 27, 2016
Ugosample:
If the pegging has continued, the gap between official and black market would have been more than 300 naira
The problem with the president is that he does not know what he is doing
The problem with you is that you have no clue how the economy of the country works, the disparity between the official rate and the BM is necessary because raw materials for production and equipments have access to cheaper forex, the only thing the CBN needed was purchasing directly than giving it to the companies to avoid round tripping. That policy would have spurred the manufacturing sector to growth over time.
Politics › Re: Fani-Kayode: Nigeria's 3rd Mahdi & Last Of Amalekite Kings by jpphilips(m): 9:05am On Jul 27, 2016
stephenduru:
https://m.facebook.com/story.php?story_fbid=10154335404272210&id=62188827209&refid=17&_ft_=top_level_post_id.10154335404272210%3Atl_objid.10154335404272210%3Athid.62188827209%3A306061129499414%3A2%3A0%3A1470034799%3A-1068569690350480324&__tn__=%2As
You steal money, once you are caught, you whip up either religious or ethnic sentiments to distract us from the reason you were detained.
Mr Kayode, stop running to the masses when the chips are down we are not buying any nonsense from any of you, you are the political class we are not, you have never remembered us while stealing why are you disturbing us?
You think we don't know about Muslim and Hausa Fulani while you were stealing? we are not interested!! carry your cross as the your lord Jesus did.
Politics › Re: Past Administrations Showed No Interest In Completing Rail Project: Amaechi by jpphilips(m): 11:28pm On Jul 26, 2016
mekzyjoe:
wat abt d monrail project he failed to complete in portharcourt?kettle callin pot black..chairman leave all dis politicians alone..d r phony
If Wike continued where Amaechi stopped, the monorail would have been completed by now.
Ask yourself what will be the fate of this Project if Buhari was Wike?
Politics › Re: Anambra Has Over 1 Billion Barrels Of Oil & 30 Trillion Cubic Ft Of Gas - Obiano by jpphilips(m): 10:46pm On Jul 26, 2016
Till you make the exploratory investment, oil in the ground remains a liability.
Business › Re: Naira Sinks To 378/dollar As Analysts Expect MPC Action by jpphilips(m): 5:56pm On Jul 26, 2016
Buhari insisted that devaluation will never solve the problem, CBN claimed that floating will attract investors back in the market, the result is a devalued currency, double digit inflation and no investor, the same fx we needed to peg the naira is what we need to intervene in the floating regimen, Buhari was right afterall.
Politics › Re: Documents Trace The Whereabout Of Missing $7.8bn NLNG Dividends - TheCable by jpphilips(m): 5:33pm On Jul 26, 2016
We can see clearly how much it costs to make Gas flow in the Niger delta, tomorrow dumb people will think it is theirs for the taking by bombing everywhere. At the time in question, the Federal Government paid $7b to own 49% stake in the brass NLNG project, why cant Bayelsa state with over 25b Federal allocation at the time pay it up with an Annual savings and Own it? Why must Bayelsa wait for the Federal Government to make the investment, Pay them 13% after which Bayelsa miscreants will bomb it away, I need answers!!
Politics › Re: Ikwerre - Igbo - 22 MISINFORMATION ON IGBOS by jpphilips(m): 4:50pm On Jul 26, 2016
zuchyblink:
GREETINGS AGAIN FOR YOUR PAINSTAKING
EFFORT TO LAY DOWN YOUR ANGER AND
PROBLEMS IKWERRE PEOPLE HAVE WITH
BOTH THE IJAWS AND IGBOS. IT IS VERY GOOD
YOU ARE LAYING OUT THESE ANGER AND
CHARGES WHICH A LOT OF US DO NOT KNOW
EXIST, BECAUSE EVERY GROUP HAVE THEIR
OWN GREVIENCIES AND NO BODY IS
LISTENING OR TALKING ABOUT IT AS
FRANKLY AS WE ARE TRYING TO DO HERE
WITH RESPECT LATELY.
I WANT TO POINT OUT HERE CERTAIN
MISINFORMATION SOME IKWERRE PEOPLE
HAVE ABOUT IGBOS HERE.
22 WRONG MICONCEPTION AND WRONG
INFORMATION SOME IKWERRE PEOPLE HAVE
ABOUT IGBOS AND YOU ARE FREE TO AGREE
WITH ME ON THESE 22 FACTS OR DISAGREE AS
IT RELATES TO HOW IKWERRE IGBO
RELATIONSHIP HAS DEGENERATED WITH TOO
MUCH WRONG INFORMATION AND
MISCONCEPTION ABOUT IGBOS.
(1) IGBO ARE NOT INTERESTED IN TAKING
OVER IKWERRE LAND AND FOR YOUR
INFORMATION IGBO LAND IS RICHER THAN
IKWERRE LAND IN QUANTITY, QUALITY AND
AVAILABILITY OF FERTILE LAND FOR
AGRICULTURE, OIL DEPOSIT AND ANY SOLID
MINERAL AND COMMERCIAL ACTIVITY AND
FOR THESE REASONS IGBO DO NOT WANT TO
TAKE IKWERRE LAND FROM YOU.
ESPECIALLY IF IKWERRE IS DEVELOPED TO ITS
FULL POTENCIAL AND IGBO IS DEVELOPED TO
ITS FULL POTENTIAL WITHOUT THE CORRUPT
LEADERSHIP THAT DRAGES EVERYBODY DOWN
IN NIGERIA AND IN SOUTHERN NIGERIA.
AFTER IJAW NATION IGBOS HAVE THE SECOND
LARGEST OIL AND GAS DEPOSIT,
EXPLORATION, SUPPLY AND EXTRACTION
RIGHT NOW IN NIGERIA.
IGBOS HAVE NEVER TALKED ABOUT THEIR OIL
AND GAS POTENTIAL LIKE YOU GUYS DO.
IGBOS HAVE MORE THAN 30 LOCAL
GOVERNMENT AREAS IN IMO STATE, ABIA
STATE, ANABRA STATE THAT HAVE HUGE OIL
AND GAS DEPOSIT NOT TO TALK OF IGBOS IN
DELTA, AKWA IBOM AND CROSS RIVER STATE,
BUT IKWERRE HAS ONLY FOUR LOCAL
GOVERNEMT AREAS AND IT SEEMS THAT
IKWERRE PEOPLE FORGET THAT IGBOS HAVE
MORE OIL AND GAS 100 TIMES OVER THAN
WHAT IKWERRE HAS BUT YOU GUYS DONT
EVEN THINK LIKE THAT AND ALL I HEAR IS
HOW IGBOS WANT TO TAKE OVER IKWERRE
LAND BECAUSE OF OIL AND GAS - WHAT A
BALLONY.
(2) NOW, THE IS ANOTHER MISCONCEPTION
AMONG THE IKWERRE PEOPLE I HAVE MET,
THAT SOMETIMES I DO NOT UNDERSTAND
MAYBE BECAUSE THE IKWERRE PEOPLE HAVE
NOT REALLY GONE TO KNOW MORE ABOUT
THEIR NEIGHBOURS IGBOS AND IJAWS OR AT
LEAST LEARN OR GO TO IGBOLAND AND IJAW
LAND TO DISPROVE SOME MISCONCEPTION
ABOUT IGBOS AND IJAWS. JUST LIKE A LOT OF
IGBOS LIKE MYSELF AND MANY MORE HAVE
TRAVELLED TO IKWERRE LAND AND GIVE EAR
TO THEIR STORY AND LISTEN TO THEM AND
JUST LIKE I TRAVEL AND LISTEN TO OTHER
TRIBES AND GROUPS IN NIGERIA TO LEARN
AD UNDERSTAND THEM AND KNOW ABOUT
THEIR POTENTIAL. ALSO THEY ARE IGBOS AND
IJAWS TOO WHO HAVE NOT TRIED ENOUGH TO
HEAR THE STORIES AND PAIN OF OUR SMALL
NEIGHBOURS AND THAT IS WRONG TOO. BUT
A LOF OF IKWERRE PEOPLE DO NOT WANT TO
UNDERSTAND WERE THY IGBOS ARE COMING
FROM.
(3) YOU WROTE- OKACHIKWU DIBIA QUOTE "
What our sworn enemies should do is not
to be jealous about our economic location,
rather they should accept us for what we
say we are and work with us as friendly
equals. Afterall Igbos who survived slavery
and Arochukwu cleansing and decided to
remain in Ikwerre are there in Ikwerreland
and doing well. We rescued them and have
taken care of them. Those few Ikwerre
people that supported Igbo in suppressing
and victimising Ikwerre are just a few
Judases in Ikwerre. We know them very
well. Ikwerre will forever remain Ikwerre
until we get superior historical, sociological
and economic evidences to show
otherwise." UNQUOTE OKACHIKWU DIBIA
Another bloody drop out warming up to be schooled, I will pass
Politics › Re: Is The 9ja Delta Avengers Right by jpphilips(m):
That picture is a right of way devastated by oil spill caused by either Bunkery or Bombing (blast radius).
The Niger deltans are the Nigerian oil custodians until they start making investments, their claims are baseless.
You can not claim to lay the golden eggs when you can not raise the duck, it is not done in any part of the world.
If the Forcados export line was owned by a Niger deltan, will it be bombed?
They dont care about our investments, they don't care about their environment and potential economic sources, what else is terrorism?
Politics › Re: Pipeline Explodes In Nsit Ibom, Akwa-Ibom by jpphilips(m): 2:29pm On Jul 26, 2016
LORDOFAFONJAS:
I don't operate in this economy, i operate that of the heavenly kingdom
Pastor's lyrics till they suck your last blood, enjoy!!
Politics › Re: Kerosene Hits All-time High Price by jpphilips(m): 5:11pm On Jul 25, 2016
tivta:
The lose was far higher than now and then the price of crude wasn't even high.
Seek academic help to trim the rough edges of your enlightenment, seek mental help to retain what you may likely learn, a simple google search would have saved you this embarrassment.
How much was it costing us to balance our trade 10yrs ago compared to now as a reflection of our population growth can you guess?
Politics › Re: Hnd/bsc Dichotomy Removed by jpphilips(m): 5:09pm On Jul 25, 2016
illuminated93:
Sir,what is your take on this hnd/bsc issue with respect to our system here in nigeria,where a polytechnic functions more or less as a university,where a polytechnic offers almost same courses as a university?

The nigerian engineer argues that he is trained to reason analytically,making reference to the equations he did in school,but he believes a poly graduate is inferior or isn't trained to reason analytically,even when the same poly graduate offered same analytical courses as him. My argument is this,since the Nigerian polytechnics don't function the way it should,in the sense that it doesn't really teach students the purely practical facet of engineering. Since a Nigerian poly does more of theoretical work just like we have in the university ,isn't it suitable for the Nigerian polytechnics to be on an equal footing with the universities,since they both operate the same way.
where are the new designs? if they are absent, what is the relevance of the Nigerian Engineer? B.eng and HNDs are theoretical technicians from a Nigerian labor market point of view.
Politics › Re: Why Aisha Buhari Sued Fayose - Aisha's Counsel, Mary Ekpere-Eta by jpphilips(m): 4:53pm On Jul 25, 2016
BlackSeptember:
She is suing Fayose for defamation of character. Ekpere-Eta also said that “most importantly,” suing Fayose was to let the public know that “the immunity

clause is inexhaustible. It can be unveiled in certain instances.”



You want to bring a civil suit to a governor that enjoys immunity?


I pray Aisha gets arrested in US for being corrupt and daft
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Her lawyer is just ripping her off
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 4:45pm On Jul 25, 2016
braden25:
it's a football field . is that all the fault you could find ? You know how much world class highschool cost to build ? Akwa ibom's 500 million dollars per year allocation is nothing . The GDP of a city like Denver colorado is $187.1 billion while GDP of akwa ibom is $11,000 dollars,GDP OF Lagos is $91,000
49 million dollars per month is not enough to achieve anything .
When you make huge mistakes like that, sane people don't really take the rest of what you say quite seriously, trust me on that.
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 4:42pm On Jul 25, 2016
stolenstone:
Why are they sharing excess crude account figures? Shouldn't we start saving something no matter how little it is bikonu??
You can not save in a recessive economy rather you utilize your savings at times like this.
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 4:41pm On Jul 25, 2016
Domislaz:
Sir stop showing your ignorance on a public forum. Don't you know that technically, the derivation principle does not signify the degree of control or ownership of resources as misunderstood by people like you? Or don't you know that the federal government owns mineral rights exclusively? In short, why am I even wasting time trying to school you when I know you don't comprehend simple things. Please don't mention me unless you have something important to say. Good day.
Explain the derivation principle? how is it calculated? most of this madness in the media just has to stop, if you have no idea, hide in your cave, must feeble minds suffer because you don't know anything and you can't keep your dirty trap shut?
When you read a news article and you have no clue what it says, shut up or ask questions, even r@tarded persons do ask questions let alone you, next you will see another bingo open a threat harping this same nonsense you are spewing here.
Shut up if you don't know so you don't misinform others or ask questions.
Politics › Re: Simon Kolawole: Buhari Didn’t Inherit A Healthy Economy From Jonathan. Let’s Get by jpphilips(m): 4:28pm On Jul 25, 2016
Simon Kolawole: Buhari Didn’t Inherit A Healthy Economy From Jonathan. Let’s Get That Straight

JULY 24, 2016 BY EDITOR



If you were a lover of reggae music in the 1970s, you would certainly know “Time Hard”, a hit song by The Pioneers, the Jamaican three-man band. “Everyday,” they sang, sonorously, “things are getting worse.” That song was released in 1972. At the time, Nigeria was producing two million barrels of crude oil per day and selling at an average price of $1.8 per barrel.
Some lies are no longer fit for purpose!!


This is 2016 and the symptoms persist. In fact, our economy has been on a downward spiral since late 2014 when oil prices started plunging. It became more pronounced in 2015, and it appears we are now breaking records as we wake up everyday. Are The Pioneers singing in the background? The naira is officially at its worst since it replaced the pound as national currency in 1973; oil production has plunged from 2.2mbpd to probably its lowest in 10 years; FX reserves are going south; inflation has gone wild; and we are just awaiting figures from the National Bureau of Statistics (NBS) to confirm that we’re officially in a recession — first since 1987.
In an Oil dependent economy, any threat to oil is a threat to the economy, were you born yesterday?



Under President Olusegun Obasanjo, the highest price oil sold for was $60, and production was less than 2mbpd for the most part. He parted with $12 billion to settle foreign debts, and still left FX reserves of $43 billion, out of which $9 billion was excess crude savings. Under President Umaru Musa Yar’Adua, oil went up and down, hitting $147 per barrel at some point, and sinking to $31 at its lowest. With that, Yar’Adua raised FX reserves to $62 billion by September 2008 — the highest in our history.
You claimed in the first paragraph that we hit 2mbopd in 1972, then claim we produced less under Obasanjo in 1999-2007.
Meanwhile in 1972, Nigeria had very few active oil fields compared to 1999-2007, aren't you speaking from the two cracked compases of your mouth?


This is where the Jonathan team loses the argument. Oil sold for between $70 and $120 during his first four years in power (2010-2014) before the downward slide to $50 in 2015, when he left office. If our reserve management was anything like what we had under Obasanjo and Yar’Adua (when, by the way, Professor Chukwuma Soludo was the CBN governor), Jonathan could have left at least $100 billion in the reserves. If Buhari had inherited such a hefty kitty, the naira would not be gasping for breath today. Clearly, our failure to build an FX war chest in the time of plenty exposed us to the infectious diseases we are battling with today.
I don't expect you to be intelligent, if Jonathan had saved $100b (which is possible), from August 2014 till date, we would have exhausted the said amount by now do you know why? Because we are import dependent and the CBN "MUST" balance our trade monthly, that explains why Soludo had to devalue the naira to 155 to accommodate trade balance despite Obasanjo's savings.
Jonathan did not save he messed up but Nigerians have punished him enough, it is time for us to suffer the consequence of his inaction and forestall future occurrence. One of the ways is for APC to dust themselves up and stop giving expired excuses, I really don't expect them to do much because realistically speaking, there is nothing to do, however, while waiting it out, they should stop insulting our sensibilities with expired excuses. This particular excuse has been overtaken by events.



My third point. Though Buhari did not inherit a wonderful economy, his ideological hangovers prevented him from acting on time to stem the tide. It’s like cancer. If you leave cancer stage one untreated, it gets bigger, and moves to stage two. Untreated, it gets worse and moves to stage three. And, finally, it gets to stage four where it has spread to other organs. The economy was probably at stage two when Buhari took over, but he felt chemotherapy would be too painful for the masses that elected him into office. Now the cancer is spreading and killing jobs and shredding the naira and shrinking the economy. That is the consequence of delayed adjustment.
Your level of understanding is abysmal, economic approach are done to accommodate shocks, you can not have a spiral inflation as occasioned by fx shortages, two digit inflation, dysfunctional money market, deposit loss, then you devalue the naira and remove subsidies at the same time?
How will you recover from that shock? Buhari knew the end of the road, he knew we are only delaying the inevitable but things must be done right, during fx shortages, people will panic buy fx and nobody will have access to it anymore, that will mean no more imports for essential commodities which will translate to hunger and barbarism, a deposit loss will amount to panic withdrawals and one morning, you will hear the collapse of all Nigerian banks, people will panic buy petroleum products, stock up in their homes, cause fire outbreaks then finally no petrol anywhere for both Generators and cars, trekking and darkness will ensue. Economy is a chain, once you break the stabilizing link, you will get chaos.
Most of you Journalists are bunch of nuisance who have no idea how the real world works, Buhari is not stup!d!! Obama would have done what he did faced with the same challenge.




Simon Kolawole is a writer and journalist and Founder/CEO of The Cable
Simon Kolawole is an unlettered Journalist roaming the media spectrum.
Politics › Re: Anambra Records $5m Vegetable Exports To Europe- The Vanguard by jpphilips(m): 3:29pm On Jul 25, 2016
Arsewipemod:
The day you guys stop blowing things up.
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin
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They Blow up everything then expect development, crack heads!!
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 3:17pm On Jul 25, 2016
Domislaz:
Sir stop this now. Don't repudiate what is glaring. If didn't even know that Akwa ibom is currently the largest oil producing state in Nigeria, why should I believe that you can calculate the 13% derivation? I don't engage in online squabbles. This is my last reply to you.
You are telling me some state is higher than another when you have no clue what they produce, are you ok?
Why will Rivers have a higher 13% than AK, If AK produce highest?
I have told you guys, leave the politics section, there are other sections like celebrity where emptiness will be well appreciated.
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 3:13pm On Jul 25, 2016
braden25:
I'm Afraid ,Nigeria may not be a developed nation in 500 years time . Examine cities around the world. You think those where build with 49 million dollars per month or 500 million dollars per year?

below is a high a high school in a developed nation with sports amenities :soccer field ,tennis courts and swimming pools .
i'm sure there are numerous good swimmers in the coastal areas of Nigeria,but Nigeria has none representing them at the Olympics due to poor funding and investment . it's a shame
You believe that is a soccer pitch? take heart bro!!
Politics › Re: PHOTOS: HIV Positive Man Advertises For Wife In Major Portharcourt Junction by jpphilips(m): 3:11pm On Jul 25, 2016
joborskill:
HIV is not a big deal nowadays. Even pastor's have HIV
Wait till the government run out of money to subsidize ARV drugs then come back and tell me it is no longer a big deal. get it first then lets discuss big deal later.
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 2:55pm On Jul 25, 2016
Domislaz:
Is Akwa ibom not currently the largest oil producing state in Nigeria? Don't be presumptuous.
Mention the volume then pick up a calculator. They are the highest producing but you read that Rivers 13% deriv is higher than theirs, how do you think 13% derv is calculated? most of you here are not old enough to read the dailies.
Politics › Re: PDP: Nigerians Already Counting Days For APC ’s Exit From Power by jpphilips(m): 2:38pm On Jul 25, 2016
chidozieikeji2:
who told u shia adherents are radicals that shows u know nothing about the shia movement worldwide, shia muslims are liberal pple dia ideology is against religious intolerance they tolerate pple of oda religions around them that's why d Ayattolah khomeini of iran after the 1979 revolution appointed a minority christian as his prime minister for u to know how tolerant they are Guy the shia movement are not like oda sects that bomb themselves anyhow d shia pple are too refined they are not violent forget all diz media propaganda against them they are just trying to give a dog a bad name in other to hang the dog guy do research on shia,wahabi,and sunni sects and u will understand me well
Shia adherents are not radicals right?


Shia Adherent: Houthi Rebels
Motto: "God is Great, Death to America, Death to Israel, Curse on the Jews, Victory to Islam".

Shia Adherent: Hezbollah
Ideology: Shia Jihadism



The current Ayatollah of Iran (Ali Khamenei) does not have the power to choose his deputy you lying scum, his office and that of his deputy is chosen by the Assembly of experts. The last deputy to the supreme leader was Ayatollah Hossein Ali Montazeri who was deposed by Ali Khamenei's predecessor for condeming the brutal executions of minorities during the revolution.
Since Ali Khamenei became supreme leader, he has "NEVER" had a deputy.

Who do you think you are lying to? your fellow Almajiris abi? quickly go kiss a monkey!!
Take your islamization nonsense to Iraq where it is highly needed. You seem not to understand that Buhari isnt the only president hunting you terrorists like rats.

Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 2:27pm On Jul 25, 2016
braden25:
It's a shame Akwa ibom has to share it's oil wealth with other states . 13 billion naira is only $42 million dollars per month ($504 million dollars per year.) That's not enough to work with. You can't even run a town with that little amount . A single skyscraper(105 storeys) cost around $1.3 billion dollars. A 4-lane road on a flat terrain cost around $ 2 million dollars per mile ,and $4 million per mile on a hilly terrain.
The location of that ibaka seaport , Oron skyline should be littered with highrises by now . what an injustice !

[color=#ff0000]Then I looked again at all the injustice that goes on in this world. The oppressed were crying, and no one would help them. No one would help them, because their oppressors had power on their side. 2 I envy those who are dead and gone; they are better off than those who are still alive. 3 But better off than either are those who have never been born, who have never seen the injustice that goes on in this world. Ecclesiastes 4:1-3[/color]
How much oil does Akwaibom produce, can you guess? you guys should stop unsolicited dumb analysis to score cheap political points.
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m):
oganology33:
U started making sense from ur second paragraph. Did u actually say WELL DESERVED FAIR SHAREhuh??
So itz FAIR & WELL DESERVED 4 u 2 provide 90% and share it between ur friends & enemies. Even if ur given 13% more than others?
You don't get it do you? the SS states have zero investment in the oil and gas industry, the FG is paying them 13% for operating on their lands and NNDC to address their LGA concerns, overall, their share with everyone else is channeled to "beering" and "peppersouping", in my opinion, it is a fair share, again, the right analogy you should use is this; the FG is paying them for doing absolutely nothing.
You can not ask for too much on another person's investments, now the states have collected their share, will they invest their cut in the oil industry to raise their stakes? Hell no!!
Guess what, they are waiting for the FG to invest it's cut, when oil flows, they collect 13% for doing nothing then blow up the investment when they are tired.
That is pure evil if you ask me. Don't ever tell me they lay the Golden eggs because it cost a lot of money to raise the duck, Niger deltans have refused to raise the duck hence their claim to the eggs is delusional.
Politics › Re: Federal Allocation To States For The Month Of July 2016 by jpphilips(m): 1:27pm On Jul 25, 2016
Rivers the only oil producing state with active export line, why will they not lead the pack? while the Philistines are busy bombing away theirs and sinking deeper into poverty, I dey laugh!!
Junk Journalism from educated illiterates, they have no Idea what the budgetary benchmark is, they have no idea what crude traded for in the month of July, spit!!
Politics › Re: Pipeline Explodes In Nsit Ibom, Akwa-Ibom by jpphilips(m): 1:20pm On Jul 25, 2016
LORDOFAFONJAS:
Thanks for the advice, we fine with it
You are happy with the cost of living now right? very soon you will no longer afford a cell phone, just watch
Politics › Re: PDP: Nigerians Already Counting Days For APC ’s Exit From Power by jpphilips(m): 12:57pm On Jul 25, 2016
chidozieikeji2:
OPEN LETTER TO PDP
Plz there is a saying that goes like dis( if u want to fight a robber u have to employ a robber because its only a robber that knows the weak point of his fellow robber) why I used this quote is that am advising PDP to use a popular man among the APC heavyweight and field for presidential election in 2019 and I believe that the only person that will fit into dis position properly and defeat buhari is no other person than rabiu musa kwankwaso.kwakwanso is a man that have huge followership in the north and also have strong financial muscle to match buhari, I also believe that he shud be paired with sen ike ekweremmadu as vice president who have strong fan base down east and south south as a result of the kind of persecution he has been subjected to since he emerged as the deputy senate president then PDP can den go and try there possible best to recruit d only surviving son of the shiites leader el zazzaky whose sect have been persecuted badly and field him for house of reps and den reserve the reps speaker position for him,den dey shud also recruit saraki and reserve the senate president seat for him if all these is put in place before the 2019 election APC will fail woefully because kwankwaso and el zazaky have strong fan base in the north,ekweremmadu east and south south,den saraki will conquer both the west and middle belt leaving only daura for buhari PLZ MY GREAT PARTY LETS GIVE DIS MATHS SOME CONSIDERATION
Are you really fielding political opponents or recruiting an aggrieved national assembly?
To believe you are scared of Islamization of Nigeria yet you fan support for the son of an Iranian spy whose father's call to duty is to spread radical Shia Islam in Nigeria? never mind that Hezbollah, Ansa Allah, Houti rebels are all radicalized shia groups that started their movement like our El Zakzaky? today they are the hallmark of terrorism destabilizing the middle east, that is what you wish to enthrone on our national stage? are you this ignorant or you are pretending to be inherently asinine?

While you are quick to introduce your political gladiators, why didn't you introduce their policies that will dust that of Buhari, like telling us where your Gladiators will source for Forex since buhari is helpless in that regard?
Who ever gave Nigerians equal freedom of speech deserve to be shot!!
Politics › Re: Hnd/bsc Dichotomy Removed by jpphilips(m): 12:40pm On Jul 25, 2016
mrvitalis:
U are wrong
I have been in the oil industry most b. Engr holders in oik servicing companies are employed as technicians
But a HND holder can never be employed as an engineer unless he has pgd
That's a fact
Do you have a problem with English language?
Politics › Re: Kerosene Hits All-time High Price by jpphilips(m): 12:38pm On Jul 25, 2016
tivta:
How old are you? When pipelines were being blown during Obasanjo's regime was kerosene and gas this expensive? Keep acting like an ostrich that hides it's head in the sand...
What was the production loss under Obj and what is it now?
Politics › Re: Kerosene Hits All-time High Price by jpphilips(m): 12:31pm On Jul 25, 2016
Almajiri1:
People are suffering and smiling. Is it because it's Buhari? Why the loud silence from over 200 million people?maybe God will do it?
That is because they are smart enough to know that the Government is not the problem except you who saw Buhari in your dreams.
Politics › Re: Kerosene Hits All-time High Price by jpphilips(m): 11:51am On Jul 25, 2016
The economy is in recession, shortages are expected, soon imported products will disappear from the retailers shelves till it gets to essential commodities then final collapse. Everyone must be aware that the challenge is not political, neither APC nor PDP has the answer except wall street, even OPEC has given up let alone Nigeria.
The politicians are appealing to your sensibilities because they intend to continue chopping from excessive taxation hence the diversion.
People should be encouraged to leave the country, that is the only solution, the meagre earnings of the country can no longer sustain all of us, that's the sad truth.

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