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Politics › Re: Buhari Makes U-Turn On Seplat, Exxonmobil Deal by OGUAF(m): 9:32am On Aug 12, 2022

ExplorerReturns:
Ok thanks for the clarification. But why is this important to you? Do you have any interest or a beneficiary of the deal?

I was going to mention earlier that
the deal was blocked because NNPC wants the oil block and assets to itself.it has the pre emotive rights to make such claim. Remember it has 60% shares in these oil assets while Exxon Mobil owns the rest and it has just been turned into a private independent entity by Buhari so it's hungry for more assets and these assets are highly crucial to Nigeria.

Right now in the Nigerian Oil and Gas sector. Seplat today is no more seen as a Nigerian company. God bless the founders(Orjiakor and avuru) for putting Seplat on the Global map.

Seplats aggressive expansion strategy over the past 10 years meant it had to raise a lot of foreign equity capital meaning over time you would lose a majority control.
That's how Orjiakor and Avuru lost major control over seplat. To compound the problem orjiakor and Avuru had issues with some local banks which sent wrong signals to the public so these new foreign investors wanted them out.

Selling oil assets to Seplat now is like handing over nigerians oil assets to foreigners. It's better the asset goes the NNPC.or another indigenous company like Elumelu.

These exxon assets in question, in its prime days of the mid 2010's during the oil boom contributed the most oil to Nigeria's daily production.

NNPC should do all its best to ensure its not sold to Seplat for the benefit of 200m Nigerians.

Seplat is now run by foreign investors hiding and disguising as an independent Nigerian Company.

Its so bad that orjiakor does not have a representative on the board as he does not even hold up to 5%. Look at how they sacked Avuru last year December. He has now set up his own company AA Holdings Limited

The next equity raise may push Avurus share to less than 5% meaning Seplat won't even have a Nigerian as a majority shareholder.

1 Like 1 Share

Politics › Re: Buhari Makes U-Turn On Seplat, Exxonmobil Deal by OGUAF(m): 8:41am On Aug 12, 2022

ExplorerReturns:
I believe orjiakor resigned as the CEO of seplat despite being the majority shareholder because of this deal. This was done to give them company a more "neutral" outlook. Amcon sold one of the popular banks to fentua, a cabal member, for 5bn despite the real value being over 200bn with people willing to buy it.

Orjiakor being from an oil producing state, Anambra, will be denied this deal despite his company being the most qualified for it. The assets will be sold to someone that his state have never produced a "keg of palm oil"

Hi. This is not true. Orjiakor is no more the majority shareholder

The majority shareholder in Seplat since 2009 has always been MPI- a French Company that gave orjiakor and Avuru over $300m to acquire three SHELL OIL BLOCKS then.

Initial Seplat shareholding had both orjiakor and Avuru with 100% of the shares.

At the moment Orjiakor only owns 2% of the company. Avuru owns 8%.

The rest of the company is owned by foreign investors.

See the link below
https://m.marketscreener.com/quote/stock/SEPLAT-ENERGY-PLC-16256802/company/

God bless you and have a nice day

Politics › Re: Wike Warns Julius Berger After Paying 80% Upfront For Road Contracts (Video) by OGUAF(m): 8:27am On Jul 24, 2022

Nigeriafirstlad:
After more than 70yrears of transferring our common wealth to Germany, Nigeria can not establish a world class construction company that will compete with Julius Berger or even send them packing. Very Sad.

Welldone Mr Project.

The majority shareholder as at today in Julius Berger is Mike Adenuga of Globacom. Bilinger Berger has been selling all it's shares. So "technically" it's a now Nigerian company

Investment › South West To North Central Haulage Contract Urgently Needed by OGUAF(op): 7:07am On May 30, 2022

URGENTLY NEEDED

A client wants to hire 10 units of 30 tonnes trucks (14 tyres) trailer trucks to Load coal from Ankpa, kogi state to Ogun state

He is currently seeking a return job (Ogun or any of the south west stages back to kogi or North cemtral) for the trucks to finalise the transaction.

Kindly get in touch if you have available cargo for the return job.

I hope to hear from you.

08062528467

Business › ..... by OGUAF(op): 11:26pm On May 29, 2022*

Business › Re: ............ by OGUAF(op): 10:28pm On May 29, 2022

OGUAF:
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Investment › Re: ............ by OGUAF(op): 10:28pm On May 29, 2022

OGUAF:
DO YOU NEED COMPREHENSIVE BUSINESS PLANS & PROJECT FEASIBILITY STUDIES FOR YOUR PROJECT TO SECURE LOAN,GRANTS & INVESTORS

OHL Consulting Limited is providing detailed and professionally written feasibility studies and business plans for your business project.

The table of contents would include-

Executive Summary
Objective, Vision & Mission
Key Success Strategy
Company Ownership
Market Analysis & Market Segmentation
Target market
Strategy and implementation
Operations Plan
Swot Analysis
Marketing plan
Management Summary
Personnel plan
Financial forecast
Profitability / Break-Even
Summary

The sectors include
Agriculture
Commercial/Retail
Construction
Education
Energy & Power
FMCG
Manufacturing
Haulage/Logistics
Healthcare
Media and Entertainment
Aviation
Waste Management
Security
Tourism/Hospitality
Real Estate
And other sectors

Contact
OHL CONSULTING LIMITED
69 Emekuku Street D line Port Harcourt
08062528467(call/whatsapp)

Services available nation wide

Investment › ............ by OGUAF(op): 3:53pm On May 22, 2022*

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Business › ............ by OGUAF(op): 3:45pm On May 22, 2022*

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Investment › Re: ............. by OGUAF(op): 3:12pm On May 22, 2022

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Properties › Re: .......... by OGUAF(op): 3:11pm On May 22, 2022

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Investment › Re: .......... by OGUAF(op): 3:11pm On May 22, 2022

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Business › Re: .......... by OGUAF(op): 3:10pm On May 22, 2022

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Properties › Re: ............ by OGUAF(op): 3:08pm On May 22, 2022

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Business › Re: ...... by OGUAF(op): 2:58pm On Apr 01, 2022

OGUAF:
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Business › Re: ..... by OGUAF(op): 2:57pm On Apr 01, 2022

OGUAF:
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Business To Business › Re: ............ by OGUAF(op): 2:57pm On Apr 01, 2022*

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Fashion › Re: .......... by OGUAF(op): 2:56pm On Apr 01, 2022*

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Business › Re: Help! Goods Worth N200,000,000 Detained By NIGERIAN CUSTOMS by OGUAF(m): 2:10am On Mar 23, 2022

Ngasky:
Something is wrong here. If you are arrested at kangiwa. Then you are a smuggler. As there is no way you will buy something in kebbi and find yourself at kangiwa.
Kangiwa is a border town between Nigeria and Niger republic.
This op is a liar. And he knew exactly what happened but choose to pretend otherwise
One. There is no single market where you can buy donkey meat at that area. And if you decided to buy live donkeys and slaughter them. You will definitely be arrested as donkey meat is taboo to the locals.
Secondly, that paper is fake. No veterinarian will certify such in kebbi state.
Third, give us the name of that market where you bought 200 million naira worth of any smoked meat in the whole kebbi state. Smoking meat has never been a procedure to preserve meat in the whole kebbi. Nobody can get 1000 naira smoked meat of any animal in kebbi. Not to talk about donkey meat.
Op. Whoever you are you are a criminal. Come out and tell the real story of what happened not this super story

God bless you. Also Donkey meat has been banned by the federal government.

Business › Re: Help! Goods Worth N200,000,000 Detained By NIGERIAN CUSTOMS by OGUAF(m): 2:04am On Mar 23, 2022

Reference:
If I'm not mistaken, is donkey meat not banned....?
There was something about this last year on the airwaves for a while.
Can't exactly remember but I think it involved the Kaduna state governor/government.

But anyway, who the hell eats donkey meat.... yuck....

Bro donkey meat is banned oo. It's a federal government policy

Business › Re: Earn $750 Monthly To Post, Like And Comment On Post by OGUAF(m): 8:45am On Mar 16, 2022*

realmiracleakab:
don't you have WhatsApp number?

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Properties › Re: .......... by OGUAF(op): 11:07am On Mar 14, 2022

OGUAF:
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Business To Business › Re: ............ by OGUAF(op): 10:56am On Mar 14, 2022

OGUAF:
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Investment › Re: ............. by OGUAF(op): 10:56am On Mar 14, 2022

OGUAF:
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Properties › Re: ............ by OGUAF(op): 10:56am On Mar 14, 2022

OGUAF:
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Investment › Re: .......... by OGUAF(op): 10:54am On Mar 14, 2022

OGUAF:
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Business › Re: .......... by OGUAF(op): 10:54am On Mar 14, 2022

OGUAF:
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Fashion › Re: .......... by OGUAF(op): 7:41am On Mar 14, 2022

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Business › Re: ...... by OGUAF(op): 7:41am On Mar 14, 2022

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Business › Re: ..... by OGUAF(op): 7:41am On Mar 14, 2022

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Travel › Re: Air Peace, Azman, Arik, Three Others Form Alliance by OGUAF(m): 9:02pm On Mar 09, 2022

Parachoko:
https://thenationonlineng.net/air-peace-azman-arik-three-others-form-alliance/

Business › Re: .......... by OGUAF(op): 10:39pm On Feb 28, 2022

OGUAF:
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