Mbulela's Posts
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[quote author=matiltom_d link=topic=302256.msg4267905#msg4267905 date=1248890396]If you've ever listened to the supposed duet,then you won't argue over it, that song is an original Fluke (if there's a word like that), Tu face and his cohorts (Kennis Music) never thought R.Kelly will come to Africa anytime soon,let alone Nigeria (cause of his publicized phobia,which we all know of), That's why he can't come out to refute R.Kelly's denial, He's a wonderful artiste,save for his personal flaws (which every individual has), Do listen to Sound Sultan ft. Wyclef-King of My Country and you'll know what I'm talking about, the dude did a video immediately,and was it tight?go see for yourself, do a bit of research and you'll know that R.Kelly doesn't own Flex in all entirety, so he wouldn't have given it to Tu face in the first place, why will a naija artiste travel all the way to the USA to record with an artiste like R.Kelly and come back with Flex? and of all songs,Flex ?R.Kelly is one of the greatest writers of our time and Tu face is a wonderful writer too, so,the only thing they could come out with is Flex![]() plsssssss,lets be reasonable, lets think deeper than the surface pls, now,Tu face has exposed Shank who thought we believed his duet with Akon-Shawty like the song was new, and one last thing,why would R.Kelly take Tu face to court? on top wetin? I ain't bothered about the source,i need no source for confirmation,i know the song ain't real, period!!! [/quote]the moment i heard that track i knew something was fishy.i wonder how any sane person will be asking for proof. the song is tacky at best. i knew there was no way that could be the product of a proper duet. |
The wildchild. |
before anyone castigates me, kindly read my posts on this ND and militancy issue. i have maintained that this whole militancy thing is criminality in its barest form. the only ideology at stake is money. forget all these half baked speeches and empty threats. nothing dey happen!! this country will burn not because of marginalisation of the poor or a lack of federalism. it will burn because of the greed of the criminals who have been empowered by politicians in the name of resource control and the greed of the thieves in power. the billions earmarked for the amnesty program will be the downfall of this govt. why do we need millions for amnesty in the first place? do you know how much these militants make? there lifestyles have been forever altered by there acts.what makes you think that a single cash flow will be enough inducement to forgo that lifestyle? wait until they start sharing the money, then you will witness a royal rumble. the govt had oppurtunites to nip this militancy in the bud when it was in its infancy but because of the usual insincerity of the nigerian govt and the crappiness of the nigerian military we toyed around with fire now the monster we reared will consume us as a nation. the govt has gone down this amnesty route because persons in power and their associates are out to embezzle money in the process.most of the amnesty deals will be coded as security matter and issues of national security, hence their will be no accountability. how you wan take probe that one? by the time billions have been filtered away in this manner and the thieves in power have stolen enough loot in this regard and the boys in the creeks and their counterparts in PH, Bonny and Yenegoa have been deprived of their means of livelihood (bunkering, kidnapping, monthly pay from oil coys and state govts and pipe line vandalisation), we will return to square one. Yar Adua is incapable of solving the most basic of issues so certainly not this complicated,hydra headed ND issue. if you believe this amnesty package or the rantings of JRC, MEND, Asari, Soboma or Ateke Tom, you of all men are to be most pitied. |
before anyone castigates me, kindly read my posts on this ND and militancy issue. i have maintained that this whole militancy thing is criminality in its barest form. the only ideology at stake is money. forget all these half baked speeches and empty threats. nothing dey happen!! this country will burn not because of marginalisation of the poor or a lack of federalism. it will burn because of the greed of the criminals who have been empowered by politicians in the name of resource control and the greed of the thieves in power. the billions earmarked for the amnesty program will be the downfall of this govt. why do we need millions for amnesty in the first place? do you know how much these militants make? there lifestyles have been forever altered by there acts.what makes you think that a single cash flow will be enough inducement to forgo that lifestyle? wait until they start sharing the money, then you will witness a royal rumble. the govt had oppurtunites to nip this militancy in the bud when it was in its infancy but because of the usual insincerity of the nigerian govt and the crappiness of the nigerian military we toyed around with fire now the monster we reared will consume us as a nation. the govt has gone down this amnesty route because persons in power and their associates are out to embezzle money in the process.most of the amnesty deals will be coded as security matter and issues of national security, hence their will be no accountability. how you wan take probe that one? by the time billions have been filtered away in this manner and the thieves in power have stolen enough loot in this regard and the boys in the creeks and their counterparts in PH, Bonny and Yenegoa have been deprived of their means of livelihood (bunkering, kidnapping, monthly pay from oil coys and state govts and pipe line vandalisation), we will return to square one. Yar Adua is incapable of solving the most basic of issues so certainly not this complicated,hydra headed ND issue. if you believe this amnesty package or the rantings of JRC, MEND, Asari, Soboma or Ateke Tom, you of all men are to be most pitied. |
what is this doing on the Politics forum ![]() |
lalaboi:gbam!! |
Editorial Jul 28, 2009 THE Federal Executive Council approval of N8.2 billion for the Nigerian Television Authority, NTA, to meet standards for hosting the FIFA U-17 World Championship in Nigeria, which is only three months away, is a scandal in the works. Government’s decision has raised many questions. The House of Representatives Committee on Information had reminded the Ministry of Information and Communication that the budget has no provision for the N8.2 billion that would be applied to converting NTA’s standard definition equipment to high definition, but the Ministry is determined to continue with the dubious move that would waste tax payers’ money. The Federal Government spent more than $28 million in upgrading the same equipment for the All Africa Games six years ago. The new contract would merely fit new equipment into the carcass of outside broadcasting vans and other equipment that are bowing to changes in technology. It is an expensive and avoidable waste. Equally alarming is the fact that the main supplier of the equipment told the Ministry that standard definition television, SDTV, cannot be upgraded to high definition television, HDTV, because of differences in the technologies. The Ministry ignored this advice for obvious reasons. Part of the reason is that this contract is time bound. It is tied to the hosting of the FIFA U-17 World Cup. Without the FIFA event, the proponents of this scandal cannot have any basis for telling government to incur this type of expenditure. Those who are deceiving the Federal Government know that new equipment cannot be built and installed for NTA between now and the competition. They opted for renovation of existing equipment in order to save time. The move also creates the impression that they are prudent managers of resources, who are willing to improve existing facilities rather than buy new ones. This is another farce. One of the two companies the Ministry of Information and Communication claims would do the upgrading, had advised NTA to buy new equipment at a cost that is 20 per cent lower than that for renovation. Its technical advice was that the upgrading from SDTV to HDTV was not technologically practicable. The Ministry is continuing with the venture into which it would sink N8.2 billion. There are more reasons to call on government to look at this contract again. Last September, South Africa bought brand new equipment, of far superior quality and quantity for the 2009 Confederation Cup and the 2010 World Cup at N6.7 billion from the same supplier that would renovate NTA equipment. Why would renovation of outdated equipment be more expensive than buying new and superior equipment with warranties? Government’s preaching about financial discipline must start making sense. At a time of economic slump, and with many issues contending for the slimming national purse, it is an unacceptable waste for government to plough diminishing resources into renovation of outdated equipment. It is worse t http://www.nigeriannewsservice.com/index.php/Editorial/N8.2-Billion-NTA-Scandal.html |
John P. Kee |
nex: ![]() |
and CBN replies; AP Forex Deal: CBN Clears Access Bank By Emele Onu, 07.27.2009 Add To Favorites Print This Article Post Comment The Central Bank of Nigeria (CBN) has given Access Bank Plc a clean bill of health in the foreign exchange transactions between the latter and African Petroleum Plc (AP). AP had petitioned the apex bank on May 15, seeking its intervention on the stalemate. Last Monday AP’s management had insinuated that it was fraudulently robbed by Access Bank, which it accused of not quoting its $35.153 million debt at the rate of N116. But Access Bank insisted: “The claim that the amount sourced from the CBN was different from the amount used in paying the supplier has no basis, as the amount offered to AP and the amount due under the LC has always been $35,153,822.15. Accordingly, the issue of diversion of $3,639,177.85 as claimed by AP is arising either out of ignorance or mischief.” In response to AP’s petition, the CBN in a letter dated July 24, 2009, and addressed to the Managing Director of the petroleum marketing firm said : “The CBN is not aware of any violation of any regulatory laws on foreign exchange by Access Bank, since the disputed transaction was not sourced from the CBN.” The memo signed by the banking watchdog’s director of banking Supervision, Samuel Oni, noted categorically that :” CBN’s records of transactions during the relevant period revealed that Access Bank did not source for foreign exchange from the CBN to finance the Letter of Credit transaction in dispute. The apex bank therefore urged the two parties in the dispute to use the result of its findings to resolve the dispute. “We sincerely hope that our findings in this matter would assist your company and Access Bank to put the matter to rest,” stated the memo. Given the fact that the Chief Operating Officer, Tunde Falasinu of AP, had in one of the letters published last week stated expressly that AP was awaiting “the Central Bank of Nigeria’s judgment on the matter, which we will accept (being the apex bank) as the final way forward to resolve the matter,” it expected that the petroleum marketing firm will pay up its debt. As a result of the refusal of AP to honour its debt obligations, Access Bank had through its legal counsel, Olisa Agbakoba and Associates, dragged the latter to Federal High Court in Lagos, where it described the petroleum marketing firm as “insolvent and unable to pay its debts.” |
Chrisbenogor:most important question. unfortunatley you will get no answer. |
By Collins Edomaruse and Ahamefula Ogbu in Port Harcourt, 07.26.2009 Fresh facts are now emerging over how the Federal Government took a decision which may deprive the Niger Delta of the siting of the Petroleum University in the region. The new decision will reverse the earlier one by the Obasanjo government to upgrade the Petroleum Training Institute (PTI) Effurun to a university. The university would be relocated to Kaduna with the PTI retained in its present location. THISDAY gathered that when Minister of Petroleum Resources, Alhaji Rilwanu Lukman, made a presentation at one of the weekly meetings of the Federal Executive Council (FEC) on the proposal to move the Petroleum University to Kaduna, none of the ministers from the oil producing areas opposed him. FEC meetings offer a chance for ministers to influence policy decisions as they can present their arguments for or against the issue. However, when Lukman was presenting his position that the PTI, which was expected to produce lower and middle level manpower for the oil industry should be retained in Effurun, while another part of the country, preferably Kaduna State in the North should host the institution for production of manpower on graduate and post-graduate studies, he was supported by Mr. Godsday Orubebe, Minister of State in the Ministry of Niger Delta. Other ministers from the zone, who were expected to have argued against the policy kept mum, thereby allowing the policy to relocate the university to Kaduna to scale through unchallenged. Other ministers from states in the Niger Delta include Maj-Gen. Godwin Abbe (rtd), Obong Ufot Ekaette, Odein Ajumo-gobia, Grace Ekpiwhre, Diezani Allison-Madueke and John Odey. The position of the ministers from the zone on the council decision on Lukman’s proposal has now left the protest over the relocation of the petroleum university to their governors who last Thursday threatened to withdraw their support for the peace initiatives of the Yar’Adua administration in the Niger Delta. The decision of the Niger Delta ministers was criticised by people who believe that their action seemed to indicate an endorsement of the submission that the Niger Delta is only suitable for the production of low and middle level officers in the oil industry while the training of management and high level officers in the industry would be better handled in Kaduna. Meanwhile, Ajumogobia yesterday defended the decision of the Federal Government on the relocation of the petroleum university. Speaking at the commissioning of Masters Energy Oil and Gas in Rumuolumeni, River State, the Minister of State said: “The issue of the location of various institutions is a separate issue and I think in this country the beauty of democracy is we have an opportunity to air our views and have an accommodation of all those conflicting views. Everybody can’t be pleased and if there is any section of the country that feels dissatisfied with any decision that has been taken, the beauty of our democracy is that we can talk about it. “There is a misunderstanding. Let me clear that misunderstanding. I was privy and party to that decision to focus on middle level manpower in terms of the development of the PTI at Efurun because the oil and gas industry today in terms of local content policy. I hope the petroleum Industry Bill when passed and the Local content Bill when that is also passed by the National Assembly will ensure there is greater participation of Nigerians in the petroleum industry. “Now, for the time being and the foreseeable future the greatest level of manpower that is going to access our policy of local content will be the low and middle level manpower which is located in Efurun. The graduate and post graduate activities, I am not sure that it really matters where that is located because the key of the industry is going to be in the Niger Delta”, he explained. Former President Obasanjo’s administration promised to upgrade the PTI to a university. The promise inspired the Delta State Government to donate N250 million as take-off grant to the university. |
eldee:guy, Junior and pretty were like 5 years (probably more) ahead of plantation boys. when Junior and Pretty were rocking, plantation boys were still writing GCE. please keep you reply civil. |
dude, try and respect the opinion of others. i also think the video is crap. on the basis that it has no relationship whatsoever with the song. |
dejiariyo:did i miss the sarcasm there or was it a joke? or a typo? |
Ibime:God bless you. some may call you cynical but i call you intelligent. |
all these grammar, what stops them from declaring the contents of the contract.i doubt it is cryptic, a lay person with the basic understanding of finance and law will be able to decipher what the terms are. instead both parties are running rings round each other. |
[url]http://www.proshareng.com/thirdParty/pdf/1.%20July%2020%202009%20Letter%20to%20AP%20from%20Olisa%20Agbakoba%20&%20Associates.pdf[/url] peruse the link above to see the letter written by Access lawyer to AP. |
tundysho:sometimes, the truth is not in found in extremes. you have a point but so do the other party. i agree that GTB is just doing the legitimate thing to protect its shareholders money. it is no proof of being broke. at the same time, the spates of loan recovery that we are hearing in recent times is unprecedented. there will be more as the uniform year end approaches. in the past banks have found ways of cooking the books and covered massive debts. now it seems the books are being more scrutinized and customers are beginning to wonder if the banks are as liquid as they claim if they can go to seemingly extreme lengths to recover debts. we are not used to it, hence the palpable fear. banking is one industry that is seriously hinged on trust and perception.after all the theory and grammar, perception and trust are even more important than the fact. afterall, a huge part of the present GFC is a crisis of confidence. |
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?R.Kelly is one of the greatest writers of our time and Tu face is a wonderful writer too, so,the only thing they could come out with is Flex

