₦airaland Forum

They should stop it in any way possible. We can't have a President who was slapped by evil spirit

Blame it on Buhari. Country hard ooo

My only question for Atiku is,

Will you restructure Nigeria as you promised?

Dana Air, the best local airline for now.

I no longer hear much about AeroContractors. What's up with them?

The 2 major problems of Igbo men are;

1. ego (pride)
2. ego (money)

Why should my ego be bruised if my wife builds a house? They forgot the bible passage that says "...and the two shall become one"

That man had ulterior motive.

Gossiplover:
congrats to him

Always read before commenting

Big mummy, Happy Birthday

With our tax payers money

Banky W, Stop talking too much. Buhari spoke like you before he won the election.


There is a big difference between being a Spectator an a Player

Okoroawusa, the buffoon

Just 27? Chai....money is no respecter of age

Pretty girl.


All paedophiles should avoid this thread please

Biko, what is this?

A very big lie. Buhari and APC should not bring this pattern to make us vote him.


Buhari can't do jack to any ex-President. As long as you are a member of Council of State, nobody can probe you.

Never again will Buhari come back to Aso Rock.

No need to swear. Let your YES be your YES and your NO be your NO.

"Marriage is honourable in all and the bed undefiled, but Adulterers and Fornicators God will judge"

stephanie11:
@POLITICSNGR

The real story behind the controversy involving the Nigerian Government and a UK-registered shell Company, Process and Industrial Developments Limited (P&ID) Limited, is finally unfolding. The details you are about to read are the outcome of painstaking investigations that have thrown up some exclusive details.

What is now emerging is that this is another case of a dodgy financial arrangement entered into by previous administrations, which the Buhari Administration, which took office in May 2015, is now being forced to deal with and resolve.

Presidency sources informed PoliticsNGR that the MOU that kickstarted the entire controversy was signed by in July 2009 by the then Minister of Petroleum Resources, the late Alhaji Rilwanu Lukman, purportedly on behalf of the Nigerian Government, and an Irish businessman, Michael Quinn, on behalf of the shadowy British Virgin Islands-registered company, Process and Industrial Developments Limited (P&ID) Limited.

Michael Quinn is said to have made a name for himself in his native Ireland as a successful manager for well-known music bands, between the 1960s and the 1980s. He gave it up to start a new career in the oil business in the early 1980s, becoming an oil trader dealing in Nigerian oil, from his base in Dublin, Ireland

The MOU and subsequent agreement was styled as a ‘Gas Supply and Processing Agreement for Accelerated Gas Development,’ our sources disclosed.

Under the Agreement, P&ID was supposed to receive allocations of natural gas, guaranteed by the Nigerian Government, which it would then process for use for power generation in the country. In the fraudulent arrangement, the Nigerian Government was reportedly saddled with the responsibility of securing gas supplies and ensuring that all infrastructure was in place, in a deal that analysts who spoke to us unanimously agreed was totally skewed against Nigeria, and would not stand up to any serious legal or judicial scrutiny.

An agreement reportedly followed in January 2010, during a period in which the then President Umar Yar’Adua was sick and away from Nigeria, in Saudi Arabia. At the time the ailing President had failed to hand over the reins of power to his Vice President, Goodluck Jonathan, and there was a lot of controversy as to who was really running the country. It would later emerge that by this time the President was brain-dead and unable to function in any way.

It is believed that the late Alhaji Lukman took advantage of the lacuna in the government at this time to perfect the dodgy deal, which was reportedly done without the input or knowledge of the NNPC. The IOCs were supposed to supply the gas involved in the deal, but even they were not informed in any way or carried along in the signing of the various agreements.

“Can you imagine that neither the NNPC, nor any of its subsidiaries involved in the sale and supply of gas, was aware of this deal. The IOCs that were supposed to make the gas available, alongside the NNPC, were also not aware. What manner of fraudulent behaviour is that?” a senior official of the Petroleum Ministry queried, when contacted. “Is that done anywhere in the world? The whole agreement was a scam from the beginning, designed to benefit the people who came up with it and took advantage of the illness of Yar’Adua to sign it. If P&ID was a serious company they would never have entered into that kind of agreement in the first place. But we know they are not a serious firm, more like a fraudulent enterprise set up in a tax haven solely for the purpose of exploiting Nigeria in collusion with Nigerians.”

This meant that from inception the Agreement was doomed to fail. And it did, shortly afterwards. No gas was ever supplied or processed, as there was nothing in place to make this happen. The deal was simply a racket by senior officials of the Ministries of Petroleum Resources and Justice, under the Yar’Adua/Jonathan Administration, working with an unknown foreign company to milk Nigeria’s resources.

In 2012 P&ID began Arbitration in the UK, against the Nigerian Government. Their case was premised on a breach of contract, they claimed that Nigeria’s inability to honour the agreement had resulted in grievous financial losses to them.

Liability hearings commenced in July 2015, just as the Buhari Administration was taking office. In the meantime, both Rilwanu Lukman and Michael Quinn, the two signatories to the ill-fated and illegal agreement, had died. Lukman died in July 2014, and Quinn died in February 2015. Both reportedly died of illness.

It is unclear who was pursuing the liability hearings following the deaths of the two principal actors. In January 2017, the Arbitration Court proclaimed a final award of $6.6 billion, plus 7 percent interest per annum, calculated from March 2013, against the Nigerian Government (amounting to in excess of two billion dollars).

Analysts are still wondering how a UK court can award a judgement on the basis of an agreement that was illegal in the first place.

In March 2018, P&ID shopped around for a US District Court in Washington to try and enforce the payment of the judgement awarded against Nigeria, and the Court in June 2018 reportedly affirmed the award, raising suspicions of an unethical collusion and perversion of justice on the part of the US Court.

The Nigerian Government is insisting that there is no cause for alarm, and that the P&ID case is headed nowhere. “This is another of the many shady deals that the previous administrations got Nigeria into, which the Buhari Administration is determined to resolve with no loss to Nigeria,” a Justice Ministry official disclosed. “What P&ID is actually celebrating as a judgement is merely a default entry by a Court Clerk. It’s a joke, let’s be honest. Rest assured President Buhari will not allow even one kobo of Nigeria’s money to fall into the hands of these international fraudsters masquerading as investors. It will never happen, you can take that to the bank.”

https://politicsngr.com/exclusive-pid-fraudulent-shell-company-tried-scam-nigerian-government/

What i know P&ID to mean, is Process and Instrumentation Diagram.

We the good loving Nigerians are solidly behind you guys.

Never again will the Daura samanja come back to Aso Rock

theoptimist298:
Hi. Please i sent a pm. I have a 25% pension withdrawal pending with pencom for approval and i read a post somewhere u mentioned u have a contact. Could u please assisst with the contact number let me atleast find out whats causing the delay. Their official numbers dont ever go through

Yes. Their official number doesn't go. I will send you an email

Bantino:
Hahahahahaaa, that's part of the audition nah, she wants them to know she can easily take off her cloths on national TV.

Funny picture.

Ndlistic:
What could have made this lady remove her cloth.

But I think maybe heatwave has joined forces with global warming to punish this slay mama at bigbrother Auditions.

See more pics below..

https://thenaijafame..com/2019/02/heatwave-causes-slay-mama-to-go-naked.html?m=1

It's wrong for whoever that took that picture to share it online. She may be doing some adjustments on her blouse due to wardrobe malfunction

amaniro:
It's a lie. Omambala is a river.

The state is named after the Omabala River. But whites couldn't write and pronounce it, thereby writing it as Anambra

Incase you don't know..Omambala is what colonial masters wanted to pronounce and write, and they finally wrote it as Anambra

Them never born any woman well wey go try this nonsense on my 'sweet' mother.

Well, my mother cannot even mess up as this MIL to warrant such treatment

The COAS as a matter of urgency should arrest this solider. His type are the people that form Bruce Lee where civilians are.

When he was signing and taking oath to become a soldier at NA Depot, Zaria, what was he thinking?

If you like, don't go and marry. Until you become 'Okpokwu' like Linda Ikeji, then your eyes go clear

Lekan1o1:
OK are u m or f

What does my sex got to do with the odds you want to send?

DonFreshmoney:
Ambode is the biggest coward politician I have ever come across..

I said it here few days ago and you all called me names. Ambode is a coward and deserves whatever they are doing to him

Lekan1o1:
Ur mail is bouncing back.
I have tried 3times.
What's ur location

Igwe Ocha area of Biafraland

Lekan1o1:
Pm

I have replied

Lekan1o1:
Are u sure?

100% sure

Lekan1o1:
I have an odd that can make u hit big money.
I'm serious.
But u will have to offer me *****.

Ask and it shall be given unto you