₦airaland Forum

I'm am more convinced than ever that those kids paraded as kidnappers are victims themselves of a botched operation. In his statement, British Defence Secretary Philip Hammond told parliament: "The assessment on the ground was there was a significant possibility the kidnappers, if present, were already aware their security had been compromised [/b]and, if they were not, the level of military activity in the town meant there was a real risk of them developing that awareness". ( http://www.bbc.co.uk/news/uk-politics-17358908 )

This is an admission, at the highest levels, that the real kidnappers were long gone, and simply blackmailed the brainwashed kids, who are victims themselves, into being on guard at the hideout. Human rights organization and other child abuse NGOs need to keep this situation under close watch. Shame on our security operatives and their British counterparts who carried out the raid given the intelligence on ground.

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[b]TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

plutonian: Interesting discussions and contributions here. I for one would like to see even more contributions and opinions of people in the legal field in Nigeria, because I believe tying the law (i.e. Constitution, the Acts, etc) directly to the actions that have been taken/ that are being taken is the way to go.

I am of the personal opinion that the CBN/ CBN governor has overstepped its/his boundaries in a lot of areas and the constitution and CBN Acts, BOFIA, (etc) clearly supports in there that they have over-stepped their boundary, but unfortunately in the country of Nigeria the citizens just refuse to stand up for their rights, and oppose wrong-doing for reasons I just cant understand.

As far as this specific area of the contributions Sanusi has/is making, from my perusal of the Constitution and various Acts (which I have been perusing and also deeply examining quite a lot lately) I find that in majority of the cases, the CBN/Sanusi's contributions are outside the CBN/his boundary ("ultra vires", as Deep Sight puts it).

However not everyone is in a position to be able to "sue" (like Deep Sight has pointed out, that in this case one would need to pass the "locus standi" test to be in the position to rightly file a lawsuit), and not everyone is in a financial position either to "sponsor' the lawsuit, so to speak.

Its unfortunate though that the "lawlessness and corruption disease" is already affecting us, the younger generation. So sad!

Deep Sight, I commend you for your post, and your contributions. Please keep it up. We will change our country; by God's grace we will.

plutonian, believe it or not, I feel your pain. I wholeheartedly agree with you that the CBN Act is overdue for a complete revisiting. I personally believe that the CBN has been given too much discretionary power and the courts have broadly interpreted the authority of CBN as stipulated in the CBN act. Note also that there is a big difference between what is legal and what may be distasteful or even classified as morally reprehensible.

I maintain that given past court rulings, the CBN and Sanusi have operated within the law, in this case. I'm opposed to many of the activities of the CBN including the said grants they made to BH victims, but I believe that aggressive CBN governors such as Soludo and Sanusi will continue to take full advantage of a badly written CBN Act which gives the CBN board the legal standing to do what they do.

My advise to well meaning Nigerians is to organize interest groups and apply pressure on their Reps to rewrite this CBN act. Until then, Sanusi and the CBN is home free.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

edoyad: Just when it appears you can not sound more ediotic than you already are, you go and out do yourself. Just try your best to make sense out of your statement

Kaduna boy, did I hit a soft spot of yours? I stand by my previous statement and will be more than happy when the BH members, who we are told, have infiltrated GEJ's government and other financiers are arrested and brought to book. These teenagers being paraded are victims who should be released immediately and provided with counselling and education.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

Deep Sight: By the way, you should school your self on what the term " Developmental Functions " of the CBN refers to. You have used it to refer to any developmental activity conceivable in the world! LOL. Go school up buddy.

Liquidity Management: The Bank is empowered to carry out market activities including but
not limited to issuing, placing, selling, repurchasing, amortising and redeeming securities, for
the purpose of maintaining monetary stability. This is not new, however under what is newly
referred to as a developmental function the Bank may subscribe to or hold and sell shares
and debentures, for the purpose of promoting and developing not only the capital markets
but also encouraging financial/economic growth and development.

http://www.abududalley.net/publications/CENTRAL%20BANK%20OF%20NIGERIA%20ACT%202007%20-%20SIGNIFICANT%20CHANGES.pdf

You know what, I will just make it easy for you. Here is an extract of Section 31 of the CBN Act which describes what developmental function of the CBN refers to. I am now convinced I am speaking to someone totally ignorant of the issues. Please read for your self - Damn! -

I can find you 6 lawyers who will give me 6 different 'reasonable' opinions about the provision you posted and that will not be good enough to say that anyone of those opinions is correct. The opinion which matters is that of the judge(s) who will make a ruling, i. e. if your case is not summarily thrown out and if you people are not fined for wasting the court's time. Once again, go and convince a judge that the CBN is conducting illegal acts and see how far you get.

I will not ridicule you here with legalese., but I warn you that you are tempting me.

This Deep Sight of a guy is particularly stubborn and persistent, unlike a first year law student. All I am saying is that the applicable CBN act's provision is broad enough to cover the CBN actions you find objectionable. Lets wait and see how quickly the courts will throw out your case.

I will not allow you to take connie connie extract legal strategy from me. You cannot win this case.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

The boys pictured do not look like your typical murderer and kidnaper. These boys look like teenagers who are victims of the circumstances. When will GEJ go after the real culprits in all these? This is getting out of hand.

Onlytruth: I will hold you to the bolded words.
The truth is that there are MANY ways of dividing Nigeria without a single death. Your stock in trade in your desperation to keep Nigeria one, even if the country kills thousands every year, is to scare gullible folks that there would be more deaths in the event of a split. NAY SIR, that is a BOLD FACE LIE.
If you add up the deaths in Nigeria since after the war in 1970, it would be more than all the deaths in many civil wars somewhere in the world.
You, my friend, are at home with such deaths, while pretending to care about some "likely" deaths conjured from your devious mind.

^^^ This is nothing but a bunch of customary mumbo jumbo crap. Please send the above post to one of your ole ntele afas to edit and polish it for you. You are not making any sense. You claim that the country kills thousands every year, please tell us how Nigeria as a country does that. When you finish, we can start assigning blames appropriately and possibly look for solutions. onye ocha, olodo

Deep Sight: There are rules of interpretation that govern the interpretation of legal statutes/ documentation. They are called the Literal Rule, the Golden Rule and the Mischeif Rule. As a general rule, when the text is unambiguous, the literal rule is adopted. The text in this instance is absolutely unambiguous. Therefore the literal rule should apply, and it is hardly open to interpretation.

What is genuinely dissapointing is for you to completely ignore the cited laws and refuse to offer what you consider to be the alternative interpretation which supports your view.

I asked several questions - you have not attempted to respond to any single one of them? You have only produced lists of previous grants many of which are obviously illegal and misdirected. Imagine the CBN building Police Posts? ? ? Does that sound right to even you? ? ?

lol, you continue to try to lure me into citing cases and provisions of the CBN act to support my point, ko? Well I prefer not to. Ponder the following and weep because you will not win a lawsuit against CBN:

Some of the major roles of the CBN are to promote a sound financial system in Nigeria, act as a banker, and provide economic advice to the government.

In addition to this role, there are other clauses within the Act that emphasize the developmental role of the Central Bank; and that is encapsulated in the mission statement put this way: ‘to be one of the most efficient and most effective of the world’s central banks in promoting and sustaining economic development.’

It is sufficiently broad to cover whatever will promote economic development and, in the mission statement, it is to be proactive in providing a stable framework for the economic development of Nigeria.

As far back as the very origin, the Central Bank's been involved in community based activities including some of those I listed previously, but the difference has been that until the last few years, most governors have either not been proactive in these areas or have not been as visible to the public and may not have been as active as Professor Soludo and the current governor.

Whatever the Central Bank is doing, the central issue is promoting economic growth and all the economic activities: CBN supports agriculture; CBN supports the power sector - they are all parts of the mandate of the Central Bank. In terms of social activities which date back to the origin of the Central Bank as far back as 1958, CBN has been involved in various community programmes.

CBN cannot afford the kind of aloofness of the typical central bank in a developed country. Monetary policy for the sake of monetary policy is meaningless. You cannot develop the financial sector to the neglect of the real sector, so, to a large extent, the mandate covers most sectors.

Once again, good luck with your lawsuit against the CBN, I can bet my last naira that you people cannot win this case. My advise to you people is to get your Reps to rewrite the CBN act if you are not happy with its current form.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

[quote author= PhysicsQED]It is not a new idea since it was discussed many decades ago, and anyway Fashola was asking for state police months before this thread by ndu chucks. Ndu chucks probably came across Fashola's recent mention of an old idea online, it sank somewhere into the depths of his mind, he forgot about it and then later it manifested again in this thread.

[b]I refuse to give Ndu chuks credit for any political innovation when such ideas have been around for decades and when it has been discussed months ago on this forum and elsewhere. [/b]Also, ndu chucks is just too sinister for me to give him credit for anything anyway.[/quote]Why do you have such a devious mind and why didn’t you simply correct me long before now, that the Bight of Biafra has already been renamed? I am humble enough to accept correction. But Noooo Sireee, you waited until the thread was derailed and people started fighting each other before you came an accused me of starting the fight.

I know that you Professors are elitists who do not believe in giving little guys like us credit for anything. Please return to your research lab and find a research assistant to play with. Be reminded however, that in the event that Nigeria is split up, you will have to be governed by the likes of Dede1 in a country where you will be a insignificant minority – i.e. if you people survive the resulting ethnic cleansing.

[quote author=Onlytruthlies]
It is only a bait for people with that level of thinking. Go back to the first page and see that I addressed the core idea behind this thread.
Do you say that regional POLICE and state police are not new ideas? Did we ever have regional police forces?
Do you even believe that ndu-chucks did not know that the Bight is now called Bight of Bonny? lol

If you say that he expected certain folks to be fighting over the name while he cruises home with his core idea undetected, I would agree. Else, I'm surprised at your simplicity of thought. lol[/quote]Eze Onlytruthlies, so you you are now a soothsayer and a mind reader? BTW, You are beginning to improve your dummy image by understanding that a better alternative than war and secession, is to reorganize our government’s structure and constitution. We can become the greatest nation in Africa and we have all it takes. I am not convinced that separation will not result to the deaths of hundreds of thousands of Nigerians and the ethnic cleansing of many minority tribes. If you can show me any scenario which would lead to a peaceful dissolution and sharing of our commonwealth (ports e.t.c), I’ll promptly change my mind.

Dede1: The character named ndu_chucks has been throwing curved balls the past few days. I do not know what to believe of the chap anymore. There is no doubt he or she knew that irascible government of Nigeria changed Bight of Biafra to Bight of Bonny. What instigated his or her disingenuous approach to such subject matter is open for discussion. It could be a matter of empty barrel.

As for regional police, ndu_chucks could be miserably behind the curve with regard to history. I guess nd did not know the cradle of Mobile Police in Nigeria’s historical life.

Nwaanem, regarding the Nigerian Police Force, you must admit that the status quo is unacceptable. I fully support regional policing.

You mentioned throwing curve balls. Why wouldn’t I throw curve balls at you when you continue to call my dear country a Cesspit? Everytime there is a BH attack, you become embolden and keep calling for a complete dissolution of, in your words, “this Cesspit called Nigeria”. You deserve several curve balls if you keep calling for activities which would lead to the killing of Nigerians. Have you not learnt enough from the biafran war?

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

Deep Sight: @ Ndu Chuks -

It appears you did not read my response to you above. I have explained from the CBN (Establishment) Act that the incidental powers of the CBN are specifically limited to such acts as are incidental to its specified duties. Thus, all the things you mentioned such as the CBN building Police Posts are obvious irregularities and outrightly illegal.

See Section 32 of the CBN Act.

You should know that the bolded is subject to interpretation and must not be read literally. I'm afraid I do not agree with your own interpretation and the courts have sided with interpretations contrary to yours in numerous cases. I've already told you that I will not use legalese to debate this issue. Someone mentioned that a lawsuit has already been filed. You will see how quickly the case is thrown out of court very shortly. I will not bore NLers by attempting to litigate the issue here. Quoting a portion of the CBN act verbatim and assuming that the quoted text is not subject to interpretation is frankly disappointing.

Deep Sight: You said in your opening post that I was some ill-schooled law student.

Ah ah, you mean say dis ting still dey pain you? abeg make u develop deep skin if you wan survive for NL.

Sagamite: Since when has it been a responsibility and function of a central bank to issue grants to establishments outside the financial system?

Please highlight the other "several bodies" and "individuals" the CBN has donated to outside the financial system and defend such actions legality.

Please educate me. I am very open to learning.

I don’t get why you are asking these questions and I’m frankly surprised that you, of all people, are not aware that the CBN issues grants to establishments outside the financial system and that some of those grants directly benefit individuals outside of the financial system.

Here are a few examples:

The CBN has also extended assistance to other governmental bodies/agencies in its community development efforts. Some of the institutions which have so far benefited under this scheme include the following:

National Assembly
To aid the development of sound legislative process, the CBN between 2003-2005, contributed the sum of N50m to build legislative capacity in the National Assembly through Senate Committee on Banking, Finance, and other Financial Institutions and House Committee on Banking and Currency. Also, the CBN sponsored the workshop of the House Committee on Capital Markets with the sum of N2.8m. The Bank also donated the sum of N500,000.00 to the House Committee on Housing & Urban Development.

Professional Institutions
The CBN gives assistance to professional bodies such as the Nigeria Economic Society (NES), Chartered Institute of Bankers of Nigeria (CIBN), Institute of Chartered Accountants of Nigeria (ICAN), the Nigeria Bar Association (NBA), amongst others, to enable them be effective and efficient in service delivery. The Bank also sponsor its employees who are members of these professional associations to the Annual General Meetings of these bodies. A good number of CBN staff are members of these professional bodies.

Other Financial Aid
The Bank is also involved in several other community development initiatives across the country. These include:
i. Construction of a clinic at Yangoji Lepers Village in the FCT at the cost of N3.132m. The project is being sponsored from the alms collection scheme instituted by staff of the Bank.
ii. The Bank in 2002 built two Police Posts for the Nigerian Police Force at Satellite Town, Lagos at the cost over N18 million.
iii. The sum of N6m was donated to FCT in 2006 for Advocacy and Publicity of FCT Reforms.
iv. N4m was donated to Anti Fraud Foundation of Nigeria in 2004
v. N2m was donated to Child Care Trust in 2004
vi. N1.8m was donated to Farm Management Association of Nigeria
vii. Rehabilitation of borehole project at the Church of Christ in Nigeria (COCIN) Hospital and Rehabilitation Centre,

Universities

In response to the general concern about the decaying infrastructure in the first generation universities, the CBN attempted to provide/improve key infrastructure under the Nigerian Universities Capacity Building Programme. The Bank has so far (2011 alone) spent the sum of over N453m on such projects and more Universities are expected to benefit from the programme in subsequent years.

Once again, file a lawsuit if you think Sanusi and CBN operated outside of the law and watch your lawsuit promptly thrown out.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

When Sanusi bailed out bank and sacked some thieving bank MDs, the usual suspects were screaming that he overstepped his bounds. A lawsuit challenging CBN ans Sanusi was filed and we all know that CBN won that case. Sanusi's donation to Kano state was essentially a grant, the bulk of which is to be used to rebuild the police stations and other government offices destroyed by BH.

As I stated earlier, the CBN has donated 100s of millions in grants to several bodies and even individuals. If you call the Kano donation charity, then the other grants will also be classified as charitable donations. Once again, if you people as sure of yourselves, file a lawsuit and see how far you'll get. My guess is that the lawsuit will be thrown out promptly. There is more to litigation than juvenile analysis and emotionalism which are race based and tribal based at their cores.

@dancewith, what is irresponsible in your submission is the comparison of the CBN grant with Ibori's feloneous to thieving actions. Ibori is a criminal!

dancewith: I find your argument irresponsible at best. If you have any intelligence at all, you must know that these cases are different. CBN is not legally permitted to be making charitable donations. It is not their statutory function. There are other agencies of government that is designed to do this. Even funding of private organisations as they have been doing is wrong and illegal. the Textile loan intervention ought to be handled by the Federal Ministry of Finance or disbursed to the commercial banks. The same with the aviation intervention funds. Sanusi is commercializing CBN and you must understand (that is if you are smart enough to do so) that public bodies are not best placed to make donations. CSR is usually for private and commercial bodies. The Govt can make donations through executive pronouncements but certainly not through a body like a country's central bank.

Justifying this shows how shallow we are. This is the same reason we had to get justice on the Ibori case outside the shores of Nigeria. People like you would have carried placards justifying why Ibori is not a thief.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

Deep Sight: ^^^ No need to seek attention bro, I only gave it that title to show that I intended my piece to be from a legal point of view mainly. If the title offends you, no wahala, I can make it simply - "A response to". I am not seeking anybody's attendtion. I dont need it.

It would be better if you simply present contrary points instead of insulting me, don't you think?

PS: Title amended. I want no insults. I no dey find work. Thanks.

You need to have a thicker skin buddy, you disappointed me by modifying your title because of a tiny criticism. I will not employ legalese in showing you that there is nothing illegal about Sanusi's donation. I will just list some of CBN's normal activities in the area of social responsibility and point out that no lawyer has seen it fit to challenge these activities to date:


The CBN continues to perform its corporate social responsibility functions by promoting knowledge through
seminars, workshops, etc, which were of strategic national interest as well as providing financial assistance
to organisations/activities. These include:
• The Nigerian Economic Society (NES);
• The Nigerian Statistical Association (NSA;
• Christ the Good Shepherd Academy of Science Programme on “Train Indigent Children and Dropouts”;
• Nigerian Union of Journalists (NUJ) hosting of the African Regional Meeting of the International
Federation of Journalists;
• Women in Banking, Finance and Investment in Nigeria, hosting of its 2007 National Conference;
• The Computer Professional Registration Council of Nigeria Annual Assembly;
• The Clement Isong Foundation; and
• The Niger Delta University Endowment Fund.

See more here ===> http://www.cenbank.org/CBNCommunity/Community.asp

Additionally the CBN has provided hundreds of millions of naira in grants to support its Capacity Building Programmes as follows:

• Nigerian Universities Capacity Building Programmes
• Other Capacity Building Programmes
• Collaborative research with agencies
• Development Finance agencies
• National Assembly
• Economic and Financial Crimes Commission (EFCC)
• Investment and Securities Tribunal (IST)
• Financial Institutions Training Centre (FITC)
• Annual Seminar for Finance Correspondents and Business Editors
• Professional Institutions

Why then can the said N100million donation to Kano be wrong if donations to the above programs are fine and legal. I think common sense trumps legalese here.

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

Its is quite easy for inadequate and attention seeking lawyers to convince the layman that CBN does not have the authoriztion to do one thing or the other. Real lawyers who know their stuff will go to the courts for remedy. The lawyer referenced in the initial post should file a lawsuit if he is sure of him/herself. A cursory reading of his submission shows that he is as sopisticated as a failing 1st year law student in his analysis. olodo

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TO KEEP NIGERIA ONE IS A TASK THAT MUST BE DONE

This Sanusi is more popular than bread or akamu in Nigeria and beyond! SANUSI for President 2015!!

Abagworo: Biafra as a name has nothing in common with Igbo. The bight of Biafra was an older name for the bight of Bonny. It has nothing to do with the Igbo ethnic group. Had it been called bight of Isuama, bight of Oru or bight of Eboe, then you all have a case here.

Biafra has become the symbol of secessionists and other treasonous elements in Nigeria, so that bight should be renamed. If you believe today, that biafra has nothing to do with the Igbo ethnic group, then you must be a redneck.

obongoboy: who is this ndu chuks? must u coment?

Now turn around and ask yourself the same question, replacing ndu chuks with obongoboy. Mumu

jason123: Again, Ndu_chuks, it is an insult to draw geographical maps without consulting the people. Warri is not going to any SE, chikena! No amount of insults or intimidation can change that!

Apologies to you. I should have looked at the map more closely and the fact that it was presented by EzeUche, of all people, should have raised an alarm. One of the main reasons they insisted on the civil war was because they wanted to take all of current ND area and old midwest with them. Now they want to include the middle belt. I dey laugh o.

@Eze, can't you just let go of your senseless ego for once and declare without strings that you agree with my idea? BTW the Ojukwu type beard you've been nursing for the past few weeks does not add to your intelligence, olodo.

noisebrainless; Go away, you are too dumb to be engaged.

This is quite irresponsible of Fashola. He exposes himself to unnecessary security risks - he should not be lining up with others. This is just an irresponsible and cheap publicity stunt.

For once EzeUche did something useful by posting this map

https://wikitravel.org/upload/shared/e/e8/Nigeria_Regions_map.png

I kind of like the map and will welcome the replacement of states with regions as depicted on the map, as long as the regions can have their own constitution, police force, 100% resource control within the sovereign Great Nigeria.

An important caveat would be to rename the Bight of biafra. Biafra is basically non existent and the bight should be named Bight of Calabar or even Bight of Awolowo, in honour of the sage.

Eze Onlytruth, you have got so desperate that you resorted to using phone interface to quote my last post ko? Go and learn the proper way of doing your thing from the Vermont secessionists whose link I posted. olodo

Here is the link again if the spam bot does not block it again.

http://www.time.com/time/nation/article/0,8599,1957743,00.html

P/S There are some bugs around url tag.

Beaf: They started with almajiri's, now look what they've got! With the current leadership in the core-North, all hopes of any progress are sinking like a stone.

LOL, you should direct your criticisms towards the commander-in-chief of the armed forces, the President of Nigeria. Why did he fail so woefully in his duty to protect Nigerian citizens and defend the country in the event of wars and such attacks? Is core-North the commander in chief of the armed forces? Under GEJ's watch Al Quaeda creates a base in Nigeria. If the reporter and you know about this base, so does GEJ and his operatives. Why can't they go and destroy the base, collateral damage and all? Nigerians will support such a move.

I am beginning to suspect that El Rufai has a point after all.

auwal87: El-Rufai & Co are IBB boys! He decamped to CPC to discredit Buhari.

He is also part and foremost PDP member till this day, he is being paid for tweeting! "Bring those boys to order el-Rufai" said Goodluck Jonathan, "OK Sir, I will make sure they listen to me always" replied el-Rufai.

Is the bolded really true, do u have any evidence to support this? To be honest with you, El-Rufai needs to spend some money on scientific image makers and PR experts, he will not get very far with his current image and his expertise will go to waste at the rate he is going.

koruji: It occured to me recently that YOU are one of the Nigerian "intelligence" agents on this forum - probably SSS

BlackPikiN: ^^^You are right.
If you check his previous posts, You will see all what he said about the offshore Oil deposits is what the Northern governor's are fighting for.

Onlytruth: hehe! you just found out? lol
He has no credibility though, because he is SECTIONAL (a diehard Northern chauvinist) in all his posts here. So, other intelligence agents from other parts of Nigeria will not work with him. As he is tracking southerners, others from the south will be tracking him too. lol
These intelligence officers are people like you and I. They know the truth about Nigeria, and when time comes, everybody will answer his fathers name.

I am now convinced that you people need a psychiatrist,you live in delusions and hallucinations as evident by your continued belief that you can survive a 2nd civil war and your continuous call for a biafran state. P.S. Not more than 2 nations in the history of the world has survived a second civil war.

You people live in lala land. If the Northern governors are fighting for what I have said about offshore deposits, it simply means that they are being fair and reasonable in this case. Must the coincidence be due to some vast conspiracy? Get it through your skulls, there exists people who are brighter than you in other parts of the country, olodos.

SSS ko, triple X ni.

As for the fool who is talking about tracking IP addresses, has it occured to you that if I'm a big enough pain in your neck, I may be informed about IP scrambling technologies? Get lost already, ewu efulefu.

[quote author=Sam_Ikenna]ndu_chuks, one thing is to understand capitalism and another is to understand the business social responsibilities of organizations/capitalists to their host communities/people. I dont defend cut-throat capitalism and I hope you join me in it. There is always going to be gap between the haves and have-nots but when that gap becomes unconscienably and acutely wide then a remedy is needed. Bottom line - north needs a remedy NOW before they succeed in producing a wasted generation.[/quote]I agree with most of the above. I'll simply add that the remedy needed now is real equity and fairness in the distribution of revenues. The derivation formula needs to be revisited and reformulated in a fair manner. I'm sure everyone would agree with this.

[quote author=Sam_Ikenna]As par oil blocks, I dont begruge neither do I defend them - its their war b00ty. The only Katakata is if the real owners of the oil demand, like they're begining to do, an end to the over-exploitation.

There is always the tendency to exploit and enslave a people that are in a weak position, Europe did it, America, Russia, Japan, Arab, China etc they all did it. In 1970 Nigeria started doing it to East, precisely ND. Now, after 42 years I think time has come for it to end. There is no reason under the sun that is enough to justify why more oil blocks belong to northern ex-generals and emirs than Obas, Amayanbos, Obis, Ezes, and Uhwies, etc.

For peace to reign there must be justice. Lets give justice to the real owners of the resource.[/quote]It may surprise you that I agree with the statement above. Despite the fact that many of you people are unappreciative of the contribution to your betterment by other regions, when peanuts and cocoa were the biggest money makers, I fully support 100% resource control.

Each state should be allowed to fully control the resources found in that state with the exception of resources (eg Uranium) which could pose a national security threat. Th ND for example has more gas reserves than could power all of Africa. The only caveat I'd add is that, all existing contracts must be honoured to avoid chaos. NNPC's equity in existing onshore oil companies, for instance, should be sold to the states where the operations are located. Off shore resources should be shared accordingly by every state of the union. The same should apply to onshore oil blocks.

This I believe will be a step in the right direction, if peace will reign.

Sagamite: The functional word you missed in your summarisation is "legitimately".

There is nothing legitimate when you get permission to invest in oil blocks without following due process and procedures. If you pay peanuts or nothing to the nation (which is cheated of other more profitable opportunities) because you know somebody and you to be awarded national assets with potential, that is a criminal activity. Most of the people that have oil blocks in Nigeria got it in a crooked way. That is not jealousy, it is criminal and injustice. Those are not businessmen, they are thieves and crooks.

I'm sure you are a law abiding citizen and informed enough to know that legal remedies are for the most part, available in our society. Only the ignorant ones among us do not believe in obtaining remedies from our courts and for that reason will not even attempt to obtain one. Having said that, and assuming you know your rights, why don't institute a court challenge against these thieves and crooks. File a lawsuit against their partners NNPC as well, and fight through your Reps(again assuming you know who they are) for justice and the quick implementation of the PIB.

I must confess that I was impressed with construction, particularly Road construction activities under way in Owerri in the past few weeks. It reminded me of the kinds of activities taking place in Lagos during in 2008/2009. Okorocha may have started to back up his PR with action. He now has my benefit of the doubt.

I also saw construction and renovation activities of schools - that made a definite impression on me.

Mr. President announced to the world that BH members are in high positions in his government, he told the world that he knows who BH sponsors are, he announced that BH will be defeated very quickly. Despite these pronouncements Mr. President is yet to arrest a single BH member in his government; the declared state of emergency in Maiduguri is a joke because BH continues to operate with impunity there.

It is therefore not so crazy to start thinking that Mr. President has no interest in dealing with BH. He may very well be rooting for the success of BH for the kind of reason El-Rufai is presenting.

Beaf:
I can't fit laf!

Very good!! It is not a laughing matter. You people did not put any oil in the ground, nor contribute to its extraction? How many oil rigs do you all own? Abi Shell is now synonymous with Ijaw, Isoko, and ND people ni? $1trillion and counting, nada to show for it. Alams and Ibori really developed that place well well.  


@Da infamous, 90% of the oil revenue is from off shore activities, that oil belongs 100% to all Nigerians, yet the lazy fools would like to claim it. The good news is that, the gravy train don get accident.