₦airaland Forum

Proudlyngwa:
PDP youtths new media representative.
The PDP of Nigeria or the PDP of Biafr.a

The same way there are some members of British Parliament from Social Democratic Party, Tory and Labour advocating for the Independence of Scotland. It doesn't make them less British now the referendum failed.

It just about doing it in a civilized way. It's just an ideology.

Simeonnwabeks:
That person is Ngwakwe, a disgraced former nairaland mod that blame everyone for anything. Lol

When they can't beat your intelligence, analytical prowess and exposure, then comes "Who is that lady"?

Ask no further, I am or rather, I was one of the PDP Youth's new media representatives.

Swerve and get lost.

The unfortunate thing is that the same NNPC is now withholding far more dollars than they did in previous administration.

When you quantify the monthly loses in billions of dollars declare by NNPC as stolen then Nigeria supposed to be burning now and not tomorrow.

Bunch of misguided and self acclaimed unfortunate auditors

NNPC Made No Dollar Remittance To Federation Account For 8 Months

The Nigerian National Petroleum Corporation NNPC has swept all the proceeds it made from oil and gas exports since April, 2015 to service Joint Venture (JV) Cash Call funding, implying, according to the report, a zero remittance to Federation Account from its operations.

The oil company report made available yesterday showed that it’s losses rose to N255.28 billion from N240.98bn recorded in October. The firm’s loss for the month of November alone was N14.29bn up from N12.22bn recorded in October.

For instance, in November, the corporation recorded $402.55 million as proceeds from Crude oil sales, LPG, NLNG Feedstock as well as miscellaneous receipts.

It diverted all the $402.55 million receipts to fund JV Cash Call obligation. It said the $402.55m even fell short of the $615.8m monthly requirement to fund its JV cash call.

A total of N255.28bn was lost by the NNPC between January and November this year, latest figures from the firm’s monthly financial and operations report for November 2015 have shown.

The last remittance to the Federation Account by the corporation was $184.9bn in April.

59.6% of the losses were attributed to mainly claimable pipeline repairs/management cost of N95.37bn, crude and product losses of N56.68bn due to vandalized pipelines.

The corporate headquarters of the oil firm posted the heaviest loss till date with N153.32bn. Its product supply and distribution arm, the Pipelines and Products Marketing Company (PPMC) posted N69.60bn while all the three refineries are listed to have lost over N70bn till date.

Like in October, the refineries also recorded zero capacity utilisation in the month of November just as they recorded a loss of N7.21 billion for the latest month.

“Total crude processed by the three refineries for the month of November 2015 was zero,” the report said.

NNPC blamed the continued decline on oil price and consequent deterioration in crude oil and gas receipt as the major reasons for the shortfall and subsequent non- remittance to the federation account.

The report said, “Total export crude oil and gas receipt for the period of January - November 2015 is $4.54 billion. Of the total receipts, the sum of $0.61 billion was remitted to Federation Account while the balance of $3.94 billion was used to fund the JV Cash Call for the period. Thus JV funding has gulped more than 86% of the proceeds”

Giving explanations for the decline, it said, “The deterioration in Crude Oil and Gas receipt is in response to continued decline in oil price. Thus the proceeds are no longer sufficient to service the JV Cash Call obligation and remit to Federation Account. JV cash call is a first line charge to Federation Account and 2015 Approved Budget requires monthly funding of about $615.8m.

http://www.dailytrust.com.ng/news/business/nnpc-made-no-dollar-remittance-to-federation-account-for-8-months/126896.html

omenka:
See painment.

He is just like you. I perceive this comment from you three years ago (May 09, 2013) is also painment.

omenka:
"The previously notorious Lagos-Ore-
Benin motorway has been repaired and I personally
supplied photographic evidence of that FEAT on
Social Media"

Indeed, our greatest problem in Nigeria is not corruption but celebration of mediocrity just as Femke Van Zeijl said recently.

How can one term reconstructing a road 'feat'

Lord please, come to our rescue. This is just too damn much.

Sometimes, opposition sees things from different perspective and should be accommodated notwithstanding his/her opinion. It's just human to be so.

kevinscore:
Chaos @ ogbor hill aba,unconfirm report reaching me is that an hausa army man shot someone and there was a reprisal attack by the igbo guys.the place is boiling and they have set the hausa quarters at ogbor hill on fire..all hausa in aba should stay indoors for now .update coming soon

There is no Hausa quarters in ogbor hill

MTN doesn't scam unless you fall for them.

Call 180 and reach the customer care by choosing the code for resolving share and sell option to make your complaints.

I lost N1500 credit to MTN when I have subsisting data still running and after my complaint, I was credited with N2000.

My data got missing as yours, I called and my data was fully restored.

I have lost count of issues I resolved with MTN Customer Care without losing a dime.

You got to have patience for your turn when you call. 180 or 181

Subway1o1:
I sure know you will always look for someone to blame, surprised you didnt blame Yoruba or call Akpabio a fulani man. You guys have no shame at all. Jeeeez

If your life revolves round bigotry, mine doesn't hence never quote my comment again. I do politics and not your nonsense supremacist and clannish boobs/buttocks measuring contest.

You no dey shame?

What is kidnapping? Is there any kidnapping for ransom that is not commercialization?

Btw, there is nowhere in the passage that Akpabio made the statement dailypost credited to him. Narrating what and how kidnappers kept their victims is not called commercialization.

Another libelous sensational headline by anti-Eastern Nigeria media that once accused Igbos of selling ammunition to Bokoharam and also gave false information to western media of a hotel in Anambra selling human meat.

Where is the statement of commercialization of kidnapping exclusive to Abia State when Foreigners and non-Igbos were never kidnapped in Abia State?

Goodluck Jonathan is still available to negotiate a ceasefire. He has a good heart and bears no grudges.

There is certainly a mistake somewhere. Appointment of Finance minister should've transcended "man know man", "padi padi" settlement.

Maupe is telling her the amount in excess crude account? How then can the media quote an authority or authoritatively say what we have at the moment.

Planned Economy my foot when manufacturers and suppliers are running low on raw materials like sugar and other essentials, Unilever, PZ, P&G etc are shutting down some brands/lines because of non-availability of raw materials notwithstanding patronizing and supplementing production with local raw materials.

Madam Oby was 100% right.

Jesusloveyou:
i mean it, pmb is working

Don't misconstrue my exclamation as it only supports the massive disapproval of President Buhari's work performance thus far according to every poll released recently which APC predicated on non-passage of 2016 budget.

At no time in the country's history has the economy retrogressed at the speed we are witnessing today hence there is nothing to celebrate on this thread.

The summary of this thread is that Buhari's non performance is not based on non-passage of 2016 budget rather his cluelessness, archaic approach to governance and repetition of failed economic policies of his 1984 military regime.

You don't mean it

This is a learning process for our system Engineers but for how long?


Some excuses are permissible, not all.

May be the title is deceptive or the UK chapter is not seeing the change yet but anticipate for one.

- The APC chapter in UK says Nigeria is going
through a tough economic period but things will get better.

–The party says diversifying the economy is the
key

omenka:
Exactly the story I wanted to remind us of.

Money good for US is also good for Nigeria!!

The money they are requesting is even too small for my liking because invariably, Shell will want to settle out of court through negotiation.

Depending on what amount the FG has in mind, I was of the opinion that they jack it up to $500 billion US dollar.

It is interesting to note that we have their assets to confiscate should the judgment favour Nigeria and the company refuses to pay.

It is time Nigeria engages Climate Change and Green Initiative campaigners to make it a global struggle.

Shell must pay.

modath:
Ngwakwe, You know I've consigned your rants to the "ignore bin" like i do all charlatans since a lioness shouldn't care what a "she-"goat has to bleat about.... but will still ask you if I'm AKS commissioner of Finance

Why are you butthurt? did i ask them to groan and cry out under the burden now? so direct your bitterness to the people who brought the slowpoke in the house to the village square for a dance......

I won't hold brief for Lagos but it's possible their debt burden wouldn't be that high if they didn't have so many "almajiris" & intinerants that aren't of their identity and colouration to cater for...

Aresa, Adminisher & Omenka have answers for you....

P. S .... I don't take people who have to hide under facade serious, it shows severe deficiency in their make up!! Female wannabe! ! Iranu .. Mtcheeww....






Mirror Mirror...

I see, you can't stand IPOB ladies nor opponents hence this foolish guess and faulty intelligence.

First, I don't know your grudge with Ngwakwe hence I see you are addressing the wrong person.

Back to the topic, I see you are not conversant with Akwaibom State budgets for the last eight years hence your first comment that exposes your limitations. The shortfall in allocation necessitated whatever negative balance sheet you got there.

I mentioned Lagos State specifically because it is the only the comparison that can bring back your cognitive and comparative skills back, to acknowledge that the numbers (amount) is not the problem but the underlying facts and figures behind them hence I saw your mockery as lacking in substance and masked hypocrisy.

Next time, respect my identity, address me by my moniker, sex and personality. I am her Excellency, the intellectual First Lady of the "Wise Virgins". Settle whatever beef you got with Ngwakwe by tagging him "IsraeliAirforce" when next you want to embarrass yourself.

modath:
13% derivation for 5+yrs of unprecedented oil price where did it disappear to??

Nigeria we hail thee..

Better than Lagos state whose debt profile is competing with National debt, notwithstanding all the Federal presence and not being up to 1% of Nigeria landmass.

Wealthgang:
Those are clearly Armed robbers, not Herdsmen.
Seems everyone's just tagging 'Fulani Herdsmen' to gain media publicity cos they're d trending thing now.
Those of u serially wanking to all topics that mention fulani herdsmen do not really care abt anytin but are only looking for avenues 2 vent their hatred of PMB, ethnic bias, stark ignorance, painment over election defeat or all of d above.

They know themselves and this post will make them nearly die of painment this nite.

Anyways, d fulani-herdsmen trend will soon die off and as usual, Nigerians will look for sth else to use as hashtag.

Aint saying that Fulanis r saints but d whole ish is just grossly over-exaggerated and politicized for dubious reasons. Fulani herdsmen-farmers clash have been happening since forever and a lot of u hypocrites did not wail n wankk on ur keyboards this much during d last admin. Saying d sitting president is their sponsor is as silly as say, saying that GEJ as president was d sponsor of MEND cos of ethnic affiliation.

See what you and your friends said in 2012, 2013 .... Because you love Nigeria so much.

omenka:
Anyone with even a pea sized brain knows that Boko Haram is a brainchild of PDP. All these acts of terror are carefully orchestrated to sway public sentiments in favour of the incumbents.

The big prize is 2015 presidency. Jonathan and his co-travelers are working acidiously to decimate the population of the north, create fear, and skew voter turnout largely in favour of the south which holds the only hope of him getting any votes at all.

I do not quite buy into the CIA angle of this although I agree it cannot be totally rulled out given their anticidents.

Azazi revealed a bit too much so they had to silence him and send a clear signal to other roosters that may have plans to crow.

British Petroleum paid US for the spillage hence Shell must pay to the last Kobo.

Africans are not their mumus.

BP set to pay largest environmental fine in US history for Gulf oil spill

BP will pay $18.7bn after the justice department and four states sued
Money will be divided among states and earmarked for cleanup projects

The 2010 disaster at BP’s Deepwater Horizon oil rig caused devastating pollution in the Gulf of Mexico.

BP has agreed to pay a record environmental fine of $18.7bn to settle legal actions brought by the US and several states over the fatal 2010 Gulf of Mexico oil spill.

The US justice department, along with the states of Louisiana, Mississippi, Alabama, Texas and Florida, all sued BP for damages not covered by the company’s earlier settlements with businesses and individuals harmed by the worst offshore spill in US history.

The settlement ends all litigation between BP, the states and the US government and allows the company to pay over 18 years. BP’s share price rose on the news.

http://www.theguardian.com/environment/2015/jul/02/bp-will-pay-largest-environmental-fine-in-us-history-for-gulf-oil-spill

Sadeeq4u:
I thought Late Yar'adua did extremely well
May he continue to R.I.P

He did extremely poor. It was only during Yar'dua administration that annual capital budget performance stood at 25%.

The stupidity of it all is that he called it "saving money for the country"

How will you rate Buhari assuming he implements only 25% of 2016 capital project budget? What will you call him if he refuses to go ahead with Kano/Lagos and Lagos/Calabar rail lines and save the money for Nigeria?

Yar'dua regime was not known to many.

omenka:
Now, just a little thing to stair up some deep thoughts:

There are some people who jubilated over news today about BH killing some 30 Fulani herdsmen. They lost all sense of decency as the literally prayed that all Northerners be wiped off the face of the earth. One even says he is willing to contribute in cash and kind to see more of such incidences occur.

Now, these same people are fervent PDP supporters whose utmost desire is to have the party return to the centre. If these pics are authentic, that is surely no mean crowd- something that is common in the North when politicians organise events.

These same PDP supporters would be the ones to come here and post messages excitedly about the size of this crowd and what dangers such massive gathering of party loyalists portend for the ruling party.

One then wonders, where would they get such crowds from to put thumbprints on ballots to ensure PDP gets back in Aso Rock if these people are exterminated as you desire to have them??

Reminisce on that for a second fellas.

See (comment below) when this impudent hypocrite was bubbling on hate for Nigeria and the occupant of the office of Nigeria's President.

What authority do you have to complain on peoples opinions, let alone disparage them.

A typical zombie, pretending to be patriotic when in essence he was/is worse than saboteurs.

omenka:
"The previously notorious Lagos-Ore- Benin motorway has been repaired and I personally supplied photographic evidence of that FEAT on Social Media"

Indeed, our greatest problem in Nigeria is not corruption but celebration of mediocrity just as Femke Van Zeijl said recently.

How can one term reconstructing a road 'feat'

Lord please, come to our rescue. This is just too damn much.

There is a great difference between the cattle in this ranch and those 150 cattle owned by President Buhari.

What is Mr President not doing well?

Make no mistake, if President Buhari can be comfortable with malnourished Cows then you and I are no exception. Fulanis value their cattle more than human lives hence there is no time for sycophancy, join the constructive wailing team for a change.

PDP should tactically dissolve into ethnic/regional parties to latter emerge as a national party without the "corruption" tag (that has made the party less appealing to younger generation) and under a new name.

The enthusiasm to stand with chieftains of the party (PDP) is lost and the rebranding entails dissolving the party to help form a progressive regional movements that have the capacity to negotiate compromises from different regional interests.

PDP North should form a Party
PDP Southwest should form a party or merge with Accord Party while SS/SE forms their own party.

Presidential candidate or formation of Government in Nigeria should be a product of compromises between parties.

It's time to restructure Nigeria or we dissolve this marriage to come back as an alliance since it is obvious that we need each other in one way or the other.

arresa:
There's a clear difference between paying salaries and funding executive projects, funding economic policies and programs.

Salary funding and recurrent spending to keep the government running is done by passing appropriations which NASS approved already back in March so stop making ignorant assartions about impeachment.

Your last paragraph betrays your previous comments.

The Op is demanding the implementation of the so-called "appropriations which NASS approved already back in March" (according to you) to ease the suffering of Nigerians.

989900:
I can't fault her criticisms, but I was looking for her alternative suggestions; can't find one.

You didn't look well. She said "if it isn't broken, don't try fixing it" meaning the Economic policies of past administration was actually working but needed to be backed with anti-corruption policy.

obailala:
How much out if that 2015 budget was earmarked for capital projects?.... A recurrent expenditure based budget was passed by your GEJ, you had absolutely no problem with that, but then, you accuse Buhari of not carrying out capital projects in 2015, probably he should have carried out extra-budgetary projects so you can have good grounds to impeach him right?

Did you understand the comment you responded to?

Let me respond to your questions.

1. 22% capital, 78% recurrent for 2015 was approved by National Assembly and signed by GEJ.

The anticipated 2016 "change" budget is 30% capital and 70% recurrent expenditures hence I see no astronomical difference.

My question was a response to Ekoile's reply to the Op's request for commissioned projects. Was Buhari not expected to implement and execute 2015 budget? If not, why not?

arresa:
That should be done marginally with the no passed budget or any kind of funding or how exactly do you suggest they do that?


Your rubbish is worse, illogical and ignorant than the meaningless topics we see all day on NL..

If Buhari can pay salaries and continues funding other recurrent expenditures (without budget? - Impeachable offense by the way) then why not fund capital expenditures same way.

Was payment of April, 2016 Federal workers salaries approved by the National Assembly?

Unblockable:
Most of them know nothing. What surprises me is that most of them are supposedly adults. They talk like kids!

You forgot that 60% of 2015 budget (March, 2015 - March, 2016) was supposed to be executed by Buhari's administration.

Is it an Igbo man that kidnapped Olu Falae?

How many people have been kidnapped by the Igbos in/from Northern or Western Nigeria?

Hausas kidnap Hausas
Yorubas kidnap Yorubas
Igbos kidnap Igbos

It has become obvious that Fulani herdsmen kidnap Fulanis, Hausas, Igbos, Yorubas and any other minority group in Nigeria.

Is his father a pauper?

By the way, is he Diezani's son or Step son? She married Madueke in 1996.