OkCornel:


Dumbo, has Nigeria met its OPEC quota on a consistent basis?
Has NNPC been historically competent enough to even consistently meet its cash call obligation to its Joint Venture partners?

I'm waiting for you. It's really shameful seeing an old man double down on his folly. Hilarious and pitiable at the same time.

Oh! it is now OPEC quota that is now your arguement? You don't even know the difference between OPEC quota and Commitment to Contracts?
You don't know about Cash call Obligations interplay, if you do, you will not be asking pedestrian question? Move a little away from that Beer Parlor where you are and ask someone sensible to explain how IOCs have navigated the Cash call issue, did it stop production?

OkCornel:


Guy get the f*ck off my mentions if you can't answer

1. Why there is fuel scarcity right now in Nigeria and the organisation responsible for it.
2. How there is absolutely no risk of crude supply disruptions to Dangote refinery with a grossly incompetent corrupt NNPC.

If you can't answer these straightforward questions, then shove up your years of experience up your arse.

Old people are not immune from pride and folly, so just don't come playing the age card here.

Keep regurgitating same ole nonsense that makes no sense. You're just dancing around and you're dumb and empty. Has Nigeria exported Crude on a consistent basis? Do you even know that there are penalties for failure to supply committed crude? Tell me which commitment has Nigeria failed to meet to any international trader? Do you even know how NNPC claims its portion of Crude?

This dolt just pick disjointed bits and pieces from beer parlour and social media, and wants to talk about Oil and Gas that you have no clue about...

OkCornel:


Guy, quit being stupid.

Only a fool places utmost faith in an organisation that cannot even consistently meet its cash call obligations with its joint venture partners.

Only an irredeemable fool places utmost faith in an organisation that just recently declared a state of emergency on crude oil production.

https://nnpcgroup.com/insights/nnpc-ltd-declares-state-of-emergency-on-crude-oil-production-calls-for-collaboration-to-reduce-production-cost

The only things NNPC is good at are ineffiencies and corruption. Get that into your thick skull.

If you have the slightest clue of how the oil industry works, please tell us who is the culprit behind the ongoing fuel scarcity. If that doesn’t help your thought process, then calling you a fool is an insult to fools.

Shift.

Keep shopping for disjointed cut and paste new to justify a no-point you're making...

If I have the slightest clue on how the Oil and Gas industry works? Child how old are you? Check my profile on Nairaland; my Oil and Gas experience is more than your age.

OkCornel:



This brain dead gorilla.

You are telling us with NNPC there is no risk of disruption in crude oil supplies? An organisation that is notorious for inefficiency and unbridled corruption/incompetence?

An organisation that consumed over $40 billion between 1999 till date on maintenance of refineries without any results to show for it?

Truly you are a gullible idiot.

When you tell me what you know about Oil and Gas beyond this shallow display attempt at intelligence, I will believe I am conversing with a human being.
I ask again... the crude that had been exported in the past that earned us revenue that has driven the economy came from where? Your emptiness shows with every single of line sentence you post...

IfnobeGod20:
You're the one displaying ignorance here. For cry out loud this guy is an investigative journalist and he is not anyway restricted to getting information no matter how hidden such information is. Any classified information he got,meaning it is not classified and those in custody of such should take the blame and not a journalist doing the work he was trained to do. It's only if he is working for such organisation and he reveal such sensitive document, then, he has breached oath of secrecy and he is liable. Before you reply me, take to cognisance the word 'Investigative Journalist'.

1. Investigative journalist is not restricted in getting information, even government classified? dey play. Even those that tried it in the US and Europe are cooling their heels in prison.
2. If you call yourself an investigative journalist, you UNCOVER and REPORT CRIMES, you don't report CLASSIFIED INFORMATION. It is for a reason people wait till those information are DECLASSIFIED before the publish it. It is a crime against the State to release classified information into public domain.

So let me give your olodo brain an assignment. If an "Investigative Journalist" got information about Nigeria's weapons development program... should he release it to public where our enemies domestic and foreign will have access to it? claiming he's doing investigative journalism?

You lot cannot even define investigative journalism.... there is dictionary.com na! use it

IfnobeGod20:
Please what concern investigative journalist with confidential information? There duty is to make finding on hidden information. If any information linked out to any journalist, the blame should go to those working in those offices and not the person doing his professional duty. Or did he go there and put gun on their head to fetch the information?

Going by your twisted logic...
...that is why is PIDO is arrested.... so that he can name those "working in those offices..." who gave him confidential information

Kobojunkieee:
Please stop dragging us back in circles simply because you are not able to keep up.

First, the charge sheet does not state that he did not apply for the information. To apply is to request information from any of the governmental agencies through any of their many communication channels. Second, if he did apply, then the FOIA is clear on who can be faulted. So, stop flailing about arrogantly in ignorance pretending that justification can be obtained that way.

See twisted logic! I really overrated your basic comprehension capability...

1.

The charge sheet does not state that he did not apply for the information

? So did he apply? because if he did and he was given, why arrest him and bring him to court?
2.

To apply is to request information from any of the governmental agencies through any of their many communication channels.

- let's assume this nonsense you wrote here were to be true, where is the application Brutus made?
3.

Second, if he did apply, then the FOIA is clear on who can be faulted

- So you're not even sure if he applied or not? then on what basis will your argument make sense? Even in your misinterpretation of FOIA, he cannot even publish what is not given to him by the Agency.

Oga, you are simply Olodo. You don't have shishi comprehension capacity.

Kobojunkieee:
You have never in fact read your FOIA or considered how whistleblowers obtain information from those who work inside government agencies, have you?

I will advise you to stop struggling to sound intelligent, it is not your forte....

Obviously your struggle at comprehension is so glaring as daylight. You cannot interpret the FOIA you quoted neither can you even situate the definition of Whistleblower in the context of the conversation.

You don't even understand the meaning of Whistleblowing/Whistleblower; do you whistle-blow a normal government process (case in point an application by the office of the SGF for funds) or you whistle-blow a crime?

OkCornel:


Yes, I got this statement from your father at the beer parlour discussion.

Read what the Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin said earlier today.



https://www.nairaland.com/8203165/petrol-exported-marketers-boycott-product

Read! You won’t die.

Problem is that Social Media democratized idiocy, so the likes of you struggling with comprehension have a say....
Pray tell, how does one begin to engage a you that obviously have no clue at all about workings of the Oil and Gas industry? You lifted an out of context statement of Edwin to justify your jaundiced submission? Haba! borrow yourself some sense na! Why will Dangote Refinery not struggle to get crude when they did not sign any tangible commitment contract to feed the refinery till he finished the project? Your dumb self thinks Crude Oil just appears at Refinery doorsteps? Don't you know each single barrel of crude must have a title?

NL should have a filtering system... barring some low level IQ like yours, worsening quality of debates on this platform

Ikaeniyan0:
Wetin b the nonsense you dey write sef?

A strong naira will lead to the reduction in the price of fuel.

...and you wrote the rubbish thinking you have written something?

Eriokanmi:
Dangote refinery cannot guarantee that. Because its not the source of the FG's foreign earners. I totally disagree. The birth of the refinery is a way forward but can't also guarantee production for local consumption 100% so, fx demand will continue, including in other sectors like manufacturing.

I'd have reasoned with Dangote, had he said, the policy will slash fx demand by his own refinery by 40% because his refinery won't need to order crude from the Americas anymore, which he'd have paid for in dollars by raking up all the dollars available in our banks and ctreate scarcity of same.

The contradiction in your own statement is funny. First off, if you read the statement with understanding, you will see that Dangote is talking ;
1. About Refineries, not his own alone. Same measure will be given to Port-Harcourt, Warri, Walter-Smith and others.
2. Forex Demand - One of the major aspect of DEMAND for forex is for Petroleum Products import. It is only logical that at the point where local consumption is met with local refineries output sold in Naira, that demand is removed, freeing Dollar demand that can be directed to other high consuming industries
3. Dangote Refineries can serve the whole of South, with products to export. When Kaduna Refinery is done, can serve the whole of North. The argument for rehabilitation of these Refineries are that Nigeria becomes a Net Exporter of Refined products, which make us to earn more Forex... thus not only reducing the demand, but increasing the earnings....

These are what Dangote is talking about....

OkCornel:
As long as the government does not bungle the crude supplies, then yes.

If not…Dangote refinery will have to source dollars to import crude. And you know what that means for the naira.

I love this, everyone’s eyes will be on NNPC now.

....and you got this statement from your imagination or beer parlour discussion? ....the Govt that did not "bungle" the same crude which it had been exporting for years to refine abroad?

seborrhic:
I doubt.
If anyone has been following the history of this government closely and it's policies viz-a-viz expected outcome,you would know that the economics does not follow expected and usual,standard outcomes in other parts of the world.

Clap for yourself! You have conjured a set of rubbish on a topic you know nothing about....

Kobojunkieee:
That would be part of the whistleblowing aspect of things that are covered under the FOIA and ICPC. Whistleblowers are not criminals in even your Nigeria.

You just keep making stu.pid submissions. Do you Whistleblow normal activity, a memo to request funds from the office of the SGF?

Kobojunkieee:
That one is not even the most ludicrous of them all. Check out Charge #3 where he is accused under the Official Secrets Act of 1962. It is not inferred that he illegally obtained the information meaning he is covered under FOIA, and FOIA does not bar anyone who receives information on the government from retransmitting the same information to other members of the public. So, why in the world would the government think it would make sense to charge him for doing exactly that?

This is you turning logic upside down...
1. The provision of the FOIA clearly advance that the primary subject has to APPLY for the information in question. Did Bristol formally apply for those information referencing the FOIA?
2. Even if he applied (obviously he did not), the same paragraph you reference stated that "...the Public Institution to which the application is made shall decide information is of a type referred to in Sections 11,12,14,15,16,17,19,20 or 21" this strongly infers that certain FOIA allows certain information to be released at the "decision" of the Public Institution.
(a) was the information released by Bristol sent to him by the Public Institution (Office of the Secretary to the Federal Government)?
(b) was the information classified under Sections 11, 12, 14, 15, 16 ,17, 19, 20 or 21?


This is how some of you display ignorance with gusto... FOIA is hidden in plain sight yet you cannot or choose to misrepresent it.

Blitzerz:
There is no crime there
#freepidomNow

Yes.... no crime there...

I mean how do you reason someone who post Govt's confidential information online in a brazen manner, and purposefully do things clearly stated as criminal in the law, and most especially the attempt to flush his phone down the toilet to burry evidence? shey him no know say Police will excavate Septic tank to find the phone?

anonimi:


If you are not Stockholm Syndrome afflicted, should you not ask what Sanwo Olu, Ambode, Fashola and Tinubu are doing with the trillions IGR squeezed from the masses, allocation and loans received on their behalf since 1999?

All that money and no service and no utility to match o, compared to what Jakande achieved in just four years.

Is everything okay with you

This guy, how many years and you're yet to grow up, getting worse and sounding more id.iotic. Many of your lots have moved on to maturity, while you remain in cesspit of ignominy....

Talking of Stockholm Syndrome, I believe you're looking at the mirror, because while others are discussing positive growth project happening to Lagos State, you hang on to the over-used jargons narratives... must you remain in pain? why not free yourself

But Bros, you should know the MO of dumb Obidients na... It looks like ability to reason counter-clockwise is the pre-requisite...

Naijaepic:
But, from what was reported in that article it was an event that happened before obasanjo sic (2003 - 2007). Hence, he mentioned when obasanjo asked him to come and invest, he declined.

How does Tinubulation got anything to do with that?

Dangote was lamenting on past businesses that went south, and Tinubu policy was the causes?

Modified:
I just searched on Google now,

https://ndic.gov.ng/failure-resolution/closed-financial-institutions/

Liberty bank closed down in 2006

Worryingly:
What I always ask is this. Where were these government agencies when all these "illegal structures" were being erected?

Approval or no approval, why were they allowed to build in the first place?

You cant see someone committing a crime.and turn a blind eye only to later come to enforce the law

It's easier to lay the blame on the "Agencies" or Govt. but the truth is that the people involved knew the risks of the illegal activities they embarked upon from the beginning.

1. They start actual building without a building approval
2. They collude with unscrupulous surveyors who help them doctor ("fly" coordinates, so that on their application papers, it would look like the applied area is legit. Now this has probably reduced because the process is ditigalized
3. They try to play the long game- bribe inspectors, buy time while accelerating work on the project, initimidate inspectors with Omo-Oniles who physically attack govt inspectors. The quickly occupy the building. Now an inspector cannot carry out further checks, when people have moved in....

If we all learn to do the right thing, follow due process, don't give nor take bribes, we won't have this recurrent issues.

EmeeNaka:
I know it will be another Nepotistic appointment. Tribalism at it's highest.

Humour me!!!

Yes na, just like the "Nepotistic Voting" during Presidential Election, when virtually all Polling Units in SE practically did not allow one to vote for Tinubu/APC...

Mankind2024:
Obi-diots in disarray.

Just yesterday when it was announce that his tenure ended and a new Chairman was going to be elected, an Obi-diot called Tinubu a disgrace....

AdeCityzen:
Sir, you did well to explained that, but i'm not an analyst neither an economist, i'm still a learning student. It's obvious that you're an elder on here and seeing that you rarely make comments on here yet you took your time to enlighten me more about the news, big thanks to you sir. Can you be my mentor?

It is for a reason I chose your earlier post. I am not trying to make you feel less, rather to point a lesson. Many a times we make emotional laden posts from a position of ignorance. A lot of our young ones are being misled with "influencers" who themselves are empty, cannot decipher and just pander to the heard.

It is not compulsory to follow a position just because that is what the "Youth" think. The danger is that we end up misguided and we take irrational decisions. Look at Kenya for example. They went to the street on a needless protest. They did not even understand the critical issues at hand and the available options to them. They destroyed their infrastructures, looted small businesses, people died and receeded their limited growth by 2yrs (according to the President). I can tell you that 6months from now, Kenya will swallow their pride and take this same option they protested about... problem is that they will be in worse position.

We should be stimulating higher levels of intellectual conversation here, rather than a needless resort to throwing insults, castigating everything that comes from Govt. For example, we had a $700m debt overhang, if not paid now, then when? How much will it have amounted to if we waited 1yr? What is the upside of having paid this debt? what value is it bringing in ? How do we mitigate problems that lead us to debt and how can we turn it to excess? What this money was borrowed to execute, what value has those project returned?

I want some of you to come out of the pack. You're more intelligent than the average...

AdeCityzen:
It's last night news, but it talk about Edun analysing the economy before the plenary

Even if you had tried to summarize in plain English, it would have been better than this lame submission you put here. The problem is that many like you who should have devoted more time to learning come out with ignorance in gusto.

It is a simple as this...
1. there is the concern of a seeming underfunding of Capital projects

Adeola added that “the N1.84 billion achieved so far out of a N9 trillion capital expenditure component is nothing to write home about.

2. That while the funding of supplimentary budget has been achieved 100%, the main 2023 budget had a deficit trending 50%...

Now separate these 2 from the minister presenting a contextual scorecard that you ignorantly termed "we will"
- Servicing of legacy debt

“We have paid $700m in debt services for 420 na[quote]tional development agencies and others”

- Addressing/monitoring the true position on Ways and Means borrowed

“We are also interrogating the N22.7tn that we met on the ground. We instituted a forensic audit to see the impact.

AdeCityzen:
FTC.


We're. We'll. We shall. Still Nigeria stay stagnant may God help us

Tell me what (if) you understand in the whole statement

turmacs:
Everybody just dey ignore this country, na wahh ohh.

You mean Nigeria should go and start contesting a 200Mega-watt Power plant with Mali? You need to check the slant of news before you rush to denigrate your country. This Malian project for example is way smaller than the Independent Powerplant built in the days of Obasanjo(Calabar, Omotosho, Egbema, Omoku, Alaoji, Gbarain, Geregu, Olorunsogo and Ihovbor Power Plant).

turmacs:
shebi as the guy has successfully scattered the marriage now he is happy? Look at how he just scattered the years upon years of happiness and love they've shared together, just because of ordinance DNA test, shior 😒.. I wonder the kind of weak men we have nowadays.

O ri e lo boru... o r'orun sa...

Ordinance DNA test? So a man should spend his active years to raise a bastard...only to start raising his own when he's old and weak?

Sirmwill:
Wike look like Metro too much




Okay okay

Why does this country continue to pay foreign companies for construction projects in Nigeria
Am I missing something?
Are the engineering students or graduates in Nigeria not capable to do these constructions from start to finish
In 2024!!! 😶

Wao!

You mean to Standard Guage Rail project be given to "Engineering Students"?

I will ere on the side of caution with this news.... The fraud allegation by David Timilehin against her and Prophet Tibetan is damning...

allthingsgood:


No sir, that is not enough. Only a fool will keep doing the same thing over and over and expect a different result. Nigerian govt has been training people and giving them cash, but unemployment keep rising. The fact is that the cash u give to the trainees is untracked. They will divert its use to some other domestic need and at the end of the day nobody uses the skills to produce. Govt cant keep wasting cash. It must be trackable and there should be value for money

Your point is now clear...

Well the problem is onboarding those who have no business in such programs in the first place. Govt cannot hold their hands end-to-end, there is a point they must justify the "investment", they must also do the work...

allthingsgood:
its not just acquiring the skills thats the issue, but putting it to good use. Government should invest in a programme that takes care of the entire chain of business, with mentorship and continuity.

Dont just train people and give them cash. Train them and put them to good use, producing exportable products and the earnings used to reward them and train others.

I don't get you, you mean Gov't should spoon-feed people as well? Pls what is this nonsense highlighted? You're trained, given cash to start off and to you that is not enough?

I once refused an FRSC guy from entering my Car. His Oga who instructed was taken aback. I told them under law they have no right to come into my Car. That I will drive behind them. The Oga asked if I was a Lawyer? I told him I am not revealing anything to him, but that he himself knows what is legal....

xin5:

i have been financing her lifestyle since we met, hence it's my right to her body...

At this rate, you will find yourself in jail with this your dumb submission. Whoever told you this ridiculous assertion of yours holds water in any clime...
No wonder she left you. You do not even respect her. Who told you to spend money on her gives you right to her body? You did not even bother to check the meaning of conjugal right. By leaving you that lady dodged a bullet...