₦airaland Forum

Rossikk: Achebe comes across as a tribalist to me. Why does he not criticise those who declared 'Biafra' and put the lives of millions of Igbos at risk in so doing? Other nations that declare secession/war, do they not prepare for it? How can you go into battle with cutlass and light weapons against a country like Nigeria? It makes no sense, and Achebe attacking Awo and co for taking advantage of the Igbo leadership's stupidity makes no sense. Can you believe the Igbo leaders were banking on FRANCE to assist them and send them weapons? France are like TWINS with the UK. The strongest of allies. Not surprisingly the French abandoned Biafra once the war started, no doubt after a few closed door meetings with the Brits in Paris or London in smoke-filled rooms over Brandy.

Where is Achebe's criticism of Igbo naivety in all this??

As an Igbo man ....I agree with you 100%. Ojukwu was blinded by personal greed and power.

Nigeria my home and land.....I am forever loyal to you. LONG LIVE THE FEDERAL REPUBLIC OF NIGERIA...PS: if you no like naija park ur load go malawi i hear say dem dey give free visaaaaa.....

i dey uncle Jonathan home town...otueke bayelsa.....

This cant happen if u have the brand new range rover evoque >>>like i do....

Good article. This is the case of most Nigerians... middle class,always complaining. I am part of the super RICHHH.

moderator front page please. Thank you

muffins99: You're right of course...but what percentage of these are honest, hardworking Nigerians who have never given or taken ''incentives''. Not every Nigerian is fraudulent but a vast majority are...either because of greed (e.g some polititians) or because they have to make ends meet (salaries not being paid or not enough to survive on).

I dont believe a vast majority of Nigerian are corrupt.The reason why you are saying so is because the corrupt ones only make a small percentage of the population but acquire 90% of the fraud cases.In every country around the world such as america, uk and others have a far higher level of corruption than nigeria.The difference is they know how to hide it using wise and clever wise.They gave expertise knowledge in corruption

Why is everyone saying all the properties are owned by corrupt politicians? Is it that no hardworking Nigerian can acquire a house in dubai without it being fradulent.Sometimes na bad belle and poverty mentality dey kill some of you nairalanders.

they will come back to rule you....FOOOL.....low self esteem bastard

Nigeria is my home, my pride and happiness. Just as a stone is subjected to extreme pressure and heat, it still emerges as a diamond, so shall Nigeria. We are going to be a GREAT country soon. Amen.

Nigerians are corrupt. Even a suckling knows this. From time to time however, the odd situation arises where one Nigerian accuses another of corruption, you know, like armpit calling mouth smelly.

To be too clean in Nigeria is as bad as being too dirty. You must maintain a corruption balance. Moderate corruption. All our good men have been moderately corrupt. It is the greedy ones, the wicked ones who want to keep it all to themselves, that we call corrupt. The Dictionary of Nigerian Terms defines corrupt as: “an adjective implying inordinate insatiable greed above and beyond the Nigerian benchmark for acceptable theft.”

As a politician or big businessman connected to politicians, your enemies abound. And their favourite social weapon is an accusation of corruption. God sees your heart and He will judge those judging you. Here on earth however, this is what you must do when faced with the threat of corruption charges.

If you are really highly placed, like the President or something, and someone says your wife or other relative is corrupt, ignore it. Nothing will happen. The evil people will talk and talk and then stop talking. Nigerians may make noise on social media but, ultimately, they are too concerned about poverty and how to get fuel for their generators during Big Brother season to care too much. Plus, Nigerians have the attention span of goldfish.

However, if you are still climbing the political ladder, you must act decisively. Put out a press release denying every single allegation, even the ones you are guilty of. Nigerians are wicked. If you admit to something as small as running through traffic lights, they will gather and impale you and proceed to run through several traffic lights on their way from impaling you. So when faced with accusations of corruption, say you have never ever committed a sin or done a bad thing in your life, or peed on the bed when you were little or lied to your friends that you didn’t have money in secondary school.

A great comeback is to declare that the person who accuses you is your political enemy. It is because he wants to spoil the good work you are doing and distract people from the main issues. You must use words like ‘campaign of calumny’ and ‘detractors’ when you reply.

So you made a mistake and collected a gift you thought was harmless. I mean, foreign currency should be harmless. But you realised it was a trap when you started reading in the papers that two months ago, this guy gave you a bribe to do him a favour. You have probably spent half of it already (but then you can replace it). You must go to the press immediately and say that although you collected this so-called bribe, it was your intention to keep it as evidence of being bribed. You have a little evidence room in your bedroom where you keep evidence of such nature. You were only waiting for the right moment. God knows.

Worst case scenario, plead entrapment. What is entrapment? Simply, it means that if they had not offered you a bribe you would never have taken it. Like, if the serpent did not offer Eve the apple she would never have eaten it. With entrapment, it is the person who lured you into committing a crime that is guilty. Use this excuse and Nigerians will believe and join you in asking God to judge those setting traps for you.

You can use this as a weapon also. They say attack is the best form of defence. Every successful Nigerian politician knows this. You must give people money and capture it on tape. This is political insurance. It is important to mark the bills, just in case something goes wrong. Give the money to people you think can turn rogue. No politician can turn down money (Ok, maybe guys like Buhari, but where has that gotten him?). One day, when you are accused, you will bring out the tapes and records of those you have bribed and show it to the world as evidence. Because Nigerians are tribal and selfish, all your tribesmen will support you even in the face of your guilt. They will band together and say that no one should touch their ‘son’. There will be so much controversy that no one will be able to tell the truth from a lie and in all the commotion you will get away unscathed.

This is what you must never do: Never ever resign. Don’t even think of it. It is white people who resign. Look at their countries collapsing one after the other because they can’t stand still in the face of accusations. You are Nigerian; it is a taboo to resign just because they found out you took half a million dollars in bribe.

Never admit to your crime except you are found guilty by a foreign court and taken away in handcuffs. And even then, do it only as the condition for a plea bargain. Nigerians are forgiving – they will hold a public reception for you when you are released from jail.

But it doesn’t have to get to that. In the end, if you play it right, your enemies will fail and God will bless your hustle.

Hi keemax>>>>i am looking to start a haulage business in Nigeria.Please give me some advice on how to go about it.Thanks.

CHAPTER 7

GENERAL RECOMMENDATIONS

Based on the facts, issues and investigative interactions, the Committee hereby makes the following recommendations for the consideration and approval of the House.

1. From the findings of this Committee the consumption level for 2011 is estimated at 31.5 million litres per day.However, in 2012 marginal increment of 1.5 million litres a day is recommended in order to take care of unforeseen circumstances, bringing it to 33 million litres per day. And to maintain a strategic reserve, an additional average of seven (7) million litres per day(or 630million litres per Quarter) for the first quarter of 2012 only is recommended. Thus, PPPRA is to use 40 million litres of PMS in the first quarter as its maximum ordering quantity per day. In subsequent quarters PMS daily ordering quantity should be 33 million litres per day. For Kerosene, the Committee recommends a daily ordering quantity of 9 million litres.

2. With regards to the 445,000bpd allocation to NNPC to refine for local consumption, the Committee established that the allocation is sufficient to provide the nation with forty million litres per day for PMS and Ten million litres of HHK.



The above can be achieved conveniently through;
• SWAP arrangement,
• Offshore processing,
• Outright sale of the 445,000bpd and or partial sale of the excess from the local refining capacity of 53%.
Therefore there is no reason for government to grant subsidy importation to any other marketer.

Eventhough we have quoted 40 million litres as a liberal figure, in the course of monitoring the implementation of the subsidy regime the actual daily consumption will then be determined.

3. The NNPC should refund to the Federation Account, the sum of N310,414,963,613 (Three hundred and ten billion, four hundred and fourteen million, nine hundred and sixty three thousand, six hundred and thirteen naira only) paid to it illegally as subsidy for kerosene contrary to the Presidential Directive of July 29th, 2009 withdrawing subsidy on the product.

4. The Committee recommends that the NNPC should be unbundled to make its operations more efficient and transparent, and this we believe can also be achieved through the passage of a well drafted and comprehensive Petroleum Industry Bill. The Committee therefore urges the speedy drafting and submission of the bill to the National Assembly.

5. The Committee wishes to recommend that the House do direct for the auditing of the NNPC to determine its solvency. This was as a result of plethora of claims of indebtedness and demands for payments by NNPC’s debtors which, if not well handled, will not only affect the entire economy of Nigeria, but also the supply and distribution of petroleum products.

Examples: Nigeria Customs Service = N46 billion
Nigeria Ports Authority = N6 billion
Trafigura et al = $3.5 billion

6. The House should direct the NNPC to stop any form of deduction not captured in the Appropriation Act before remittance to the Federation Accounts, and the Corporation should submit its transactions to the operational Guidelines of the Subsidy Scheme.

7. NNPC Retail, Independent Petroleum Marketers Association of Nigeria (IPMAN) and Major Oil Marketers Association of Nigeria (MOMAN) should be the outlets for the distribution of Kerosene to ensure availability and affordability of the product to Nigerians.

8. The NNPC should also refund to the Federation Account the sum of NGN285.098Billion being over-deductions as against PPPRA approvals for 2011. The Relevant Anti- Corruption Agencies
should further investigate the Corporation for deductions for the years 2009 and 2010.

9. As postulated earlier in this report, data provided by NNPC and CBN tends to suggest that for 2009, 2010, and 2011, NNPC deducted subsidy payments from two different accounts. It is the recommendation of this Committee that Relevant Anti- Corruption Agencies conduct thorough investigations into this matter and where it is established that double withdrawals were made, the extra amounts should be paid back to the Treasury and those involved prosecuted.


10. The Management and Board of the NNPC should be completely overhauled and all those involved in the following infractionsbe further investigated and prosecuted by the Relevant Anti -Corruption Agencies:
a. Payment of N285.098 Billion in excess of the PPPRA recommended figure for 2011
b. Subsidy deductions of N310,414,963,613 for kerosene against a Presidential Directive
c. Direct deductions from funds meant for the Federation Account in contravention of Section 162 of the Nigerian Constitution
d. Illegal granting of price differential (discounts) of crude oil price per barrel to NNPC to the tune of N108.648Billion from 2009-2011.

11. The relevant Anti- Corruption Agencies should carry out a due-diligence investigation to determine the total demurrage payments and outstanding incurred by NNPC for the period 2009 - 2011.

12. Under the PSF Scheme, importers especially NNPC should be mandated to patronize Nigerian Flagged vessels provided they produce the standard safety and sea-worthiness certificates in tune with international best practices.

13. All the payments which the PPPRA made to itself from the PSF account in excess of the approved administrative charges which were due to it under the Template should be recovered and paid back into the Fund. The officials involved in this infraction should be further investigated/prosecuted by the relevant Anti- Corruption Agencies. These confirmed illegal payments were the sum of NGN156.455Billion in 2009, and the sum of NGN155.824Billion in 2010, a total sum of NGN312,279Billion.

14. All staff of PPPRA and DPR involved in the
a. processing of Applications by importers, and
b. verification, confirmation and payment for imported products by Importers and NNPC
should be investigated/prosecuted by Anti- Corruption Agenciesfor negligence, collusion and fraud.

15. The Executive Secretaries of the PPPRA who were the accounting officers, and under whose watch these abuses were perpetrated that led to the Government losing billions of naira, should be held liable. Therefore, we strongly recommend that those who served as Executive Secretaries of PPPRA from January 2009 to October 2011 should be further investigated/prosecuted by relevant Anti- Corruption Agencies. This should also include GM Field Services, ACDO/Supervisor-Ullage Team 1, and ACDO/Supervisor-Ullage Team 2 within the same period,for their roles in the management of the ullaging under the subsidy scheme.

16. The Chairman of the Board of PPPRA from 2009 – 2011, and the entire Members of the board during the period are hereby reprimanded and their decision which opened the floodgate for the Bazaar is condemned in the strongest terms.

17. It is hereby recommended that Mr President should reorganize the Ministry of Petroleum Resources to make it more effective in carrying out the much needed reforms in the oil and gas sector.

18. Given the large and complex nature of the Ministry of Petroleum Resources, the Committee recommends that two ministers should be appointed to take charge of the upstream and downstream.

19. The current template being used by PPPRA in computing and paying PSF is full of in-built prices for wastages and inefficiencies (eg. Lightering exercise, demurrage) that could be plugged to save the Nation’s scarce resources. We therefore recommend the revision of the template.

20. Henceforth the PPPRA margin of error on the payment Template for ascertaining allowable volumes on imported products should not be more than +/-5% as against the current +/- 10%

21. The PPPRA should provide the Nigerian Navy and NIMASA advance copies of allocation and vessel arrival notification documents to enable the Navy monitor, track and interdict vessels seeking to avoid Naval certification.

22. The Executive Secretary of PPPRA 2009 – February, 2011 should be investigated and punished for the official recklessness he exhibited in the implementation of the Board decision to reverse the qualification for participation in the scheme. The allocation/approvals to import products given to thirty-five (35) Companies before their formal registration with PPPRA testify to this. Companies that lack the required competence and expertise to import petroleum products and even those who did not meet up with the agreed standards were also awarded large chunks of the allocation, an act that culminated in huge loss of resources to the nation.Many Companies under his watch who had neither depots nor through-put agreement were allowed to participate in the Scheme contrary to the revised eligibility guidelines.

23. The practice whereby PPPRA as a regulator in the petroleum downstream sector being supervised by the Ministry of Petroleum Resources whose Minister is the Chairman of the Board of NNPC (a major importer/participant in the PSF scheme) negates the principles of checks and balances and international best practices.
The Committee thereforerecommends that the regulatory capacity of PPPRA be strengthened and the National Assembly should commence the process of amending the Act to make the Agency autonomous.

24. The PPPRA should, within two weeks of the adoption of this Report, conduct a performance assessment of ALL Companies involved in the PSF scheme and publish such reports.

25. The Committee is firm in its view that if any petroleum product is deserving of subsidy, HHK should enjoy a pride of place. It therefore recommends the immediate reinstatement of subsidy for Kerosene not later than second quarter, 2012 at pump price of N50 per Litre.

26. The Committee recommends that the sum of NGN557.70Billion should be provided for as Subsidy in the 2012 Appropriation Act, while the sum of N249.006B should be provided as subsidy for HHK (Kerosene).

Evidently, 445,000 bpd allocation to NNPC is sufficient to provide the nation with 40 MLPD PMS, 10 MLPD HHK, 8.97 MLPD AGO, 0.62 MLPD LPG and 2.31 MLPD of FO at the current NNPC refining capacity of 53%. It is only AGO that daily consumption in full could not be achieved. Since AGO has been deregulated, other marketers can make up for the 3.03 MLPDshortfalls.

27. The Committee recommends that FIRS should follow up on the companies listed earlier to pay their taxes with due penalties in line with the provisions of the Companies Income Tax Act.

28. The PSF Guidelines should be revised to make Tax compliance a mandatory pre-qualification requirement for all participants under the Scheme.

29. Marketers who obtained FOREX but did not import petroleum products should be referred to the relevant Anti- Corruption Agencies with a view to verifying what they used the FOREX for:


THOSE WHO OBTAINED FOREX BUT DID NOT IMPORT PETROLEUM PRODUCTS
S/N NAMES OF MARKETERS 2010 2011
$ $
1 BUSINESS VENTURES NIG LTD 22,927,339.96
2 EAST HORIZON GAS CO. LTD 20,735,910.81
3 EMADEB ENERGY 6,606,094.30
4 POKAT NIG. LTD. 3,147,956.19
5 SYNOPSIS ENTERPRISES LTD 51,449,977.47
6 ZENON PET & GAS LTD. 232,975,385.13
7 CARNIVAL ENERGY OIL LTD - 51,089.57
8 CROWNLINES - 4,756,274.94
9 ICE ENERGY PETROLEUM TRADING LTD - 2,131,166.32
10 INDEX PETROLEUM AFRICA - 6,438,849.64
11 RONAD OIL & GAS W/A - 4,813,272.00
12 SERENE GREENFIELD LTD - 4,813,360.75
13 SUPREME & MITCHELLES - 16,947,000.00
14 TRIDAX ENERGY LTD - 15,900,000.00
15 ZAMSON GLOBAL RES. - 8,916,750.00
TOTAL 337,842,663.8664,767,763.22

30. The following Companies that participated in the Scheme and refused to appear before the Committee and never submitted the required documents as was repeatedly announced during the hearing are to refund the various sums against their names. It is believed that these companies deliberately refused to appear because they had something to hide. The relevant Anti- Corruption Agencies should ensure full recovery:
S/N NAME OF COMPANY AMOUNT
(N)
1. Mut-Hass Petroleum Ltd 1,102,084,041.30
2. Nepal Oil and Gas Service 2,353,911,979.10
3. Oilbath Nigeria 1,019,644,138.97
4. Techno Oil Ltd 1,036,514,387.08
5. Somerset Energy Services 3,015,221,487.94
6. Stonebridge Oil Limited 1,784,158,258.14
7. Mobil Oil Nigeria 14,934,371,661.76
8. AX Energy Limited 1,471,969,643.31
9. CAH Resources Association Limited 1,052,466,415.28
10. Crust Energy Limited 1,192,651,581.76
11. Fresh Synergy Limited 1,417,029,059.70
12. Ibafon Oil Limited 4,687,730,540.46
13. Lottoj Oil and Gas Limited 1,427,429,910.95
14. Oakfield Synergy Network Limited 988,920,219.15
15. Petro Trade Energy Limited 1,471,027,874.73
16. Prudent Energy & Service Limited 1,360,898,638.10
18. Rocky Energy Limited 1,620,110,167.58
TOTAL 41,936,140,005.31

31. Payments for PMS with effect from the second quarter of 2012 should be based on certified truck outs at depots confirmed at the retail outlets and no longer on discharges from vessels into tank farms.Consumption should be defined in a way to exclude what is imported but only what is put in the tank.

32. The markets of opportunity situated within Nigerian territorial waters which are designated “offshore Cotonou” or “offshore Lome” to qualify for FOREX payment and to evade payment of appropriate levies, dues and taxes to the Nigerian government should be discontinued forthwith.

33. A Marine Transportation System should be put in place that is safe, secure, reliable, cost effective and efficient to reduce the present high cost of doing business in Nigeria.

34. Any importation without permit or where the difference is above approved quota should not be entitled to any amount on the Template.

35. It is strongly recommended that Marketers without storage facilities and retail outlets should be excluded from participating in the PFS Scheme as this will end the bazaar that constituted a serious drain on the nation’s economy and created room for abuses.

36. The services of the accounting firm of Akintola Williams, Deloitte and OlusolaAdekanola& Partners should be discontinued with immediate effect for professional incompetence on this particular assignment.

37. In view of the above the 2 firms should be blacklisted from being engaged by any Federal Ministry, Department or Agency (MDA’s) for a period of three years.

38. This Ad-Hoc Committee shall in its monitoring stage conduct extensive and thorough investigation into the operations of the PEF(MB) in order to ascertain the management of the bridging funds under the subsidy regime.

39. Penalties should also be indicated for non-compliance and promptly imposed to ensure the smooth operation of the Scheme.

40. The Nigerian Ports Authority (NPA) should be encouraged within a time frame to improve on the draught level of the Nigerian waters to encourage the berthing of ALL types of vessels so as to eliminate the present ship-to-ship (STS) transfers by importers of petroleum products.

41. All those in the Federal Ministry of Finance, Office of the Director-General Budget, and the Office of the Accountant General of the Federation involved in the extra budgetary expenditure under the PSF Scheme (2009-2011) should be sanctioned in accordance with the Civil Service Rules and the Code of Conduct Bureau.

42. The payment of N999,000,000 in 128times within 24hrs (12th& 13th January, 2009) by the Office of the Accountant -General of the Federation should be further investigated by relevant Anti-Corruption Agencies.


43. The National Assembly should enact an Act to criminalise extra budgetary expenditure.

44. CBN and the Federal Ministry of Finance should critically examine and review the policy guiding payment for importation of petroleum products to avoid the current fraudulent system that allows importers to bring in products from off-shore “Lome” or “Cotonou” to qualify for forex payments.

45. The Committee notes that several alarms were raised by the CBN on the escalation of subsidy figures but these early warning signals were ignored by relevant agencies. The Committee wishes to encourage whistle –blowing by regulatory agencies on threats to the economy with the hope that proactive measures could be taken.

46. The Committee recommends that the PPMC Management be overhauled. In furtherance to above recommendations of the committee, institutional mechanisms be urgently developed to ensure themonitoring of actual delivery of kerosene to the Nigerian masses.

47. The PPMC should deploy modern state-of-the-art devices to protect its facilities and pipelines to eliminate wastages arising from vandalism. In the short-term however, PPMC should establish a surveillance system which should incorporate Community-protection and using part of the bridging funds on the PSF Template to finance this.

48. All the extant circulars preventing the Nigeria Customs Service from carrying out its statutory functions be immediately withdrawn by the Central Bank of Nigeria and the Federal Ministry of Finance.

49. The Committee recommends that NNPC takes immediate action to pay the N46billion owed the Nigeria Customs Service and the N6billion owed to the Nigeria Ports Authority

50. The failure of NPA to provide this Committee the vital vessel data particularly the IMO numbers is an indication that either NPA has a very poor record keeping system or that it was a deliberate ploy to cover up the collusion between its officials and importers. We recommend an investigation into the operations and activities of this Authority.

51. The port operations of the Nigerian Ports Authority be investigated with a view to determining the extent to which its officials are complicit in the classification of maritime areas for reception of Nigerian bound petroleum products as “offshore Cotonou” and “offshore Lome” in the face of evidence that these Vessels never did lighter at those Ports.

52. In the course of this investigation, a lot of efforts were made to establish cases of round tripping and diversion of products, including the use of the data from Llyods List Intelligence resulting in the cases so far reported. However given the scale of connivance and collusion by government officials involved in the certification process, the Committee believes that further investigation will reveal more cases. It is therefore recommended that all the data obtained in the course of this investigation, especially from the Llyods List Intelligence be forwarded to the relevant anti-corruption agencies for a more detailed investigation.

53. The present Management of PEF (M)B should be overhauled and the Board when constituted should comprise of persons of impeccable integrity who should be knowledgeable in aspects of its mandate. This is without prejudice to the coming into force of the Petroleum Industry Act.

54. PEF(M)B should establish a tracking system on all trucks from point of loading to point of discharge (retail outlets) and direct that all trucks involved with transportation of products should install approved tracking devices on them.

55. It is hereby recommended that the regulatory capacity of the DPR be strengthened. The National Assembly should commence the process of amending the Act to make the Agency autonomous.

56. The DPR should take immediate steps to bring all facilities and depot owners into compliance with international best practices by ensuring the installation of modern metering gadgets and sealable and non-return valves, to eliminate the rampant cases of round-tripping.

57. The DPR should brace up to its role of Regulation and compel the NNPC/PPMC to comply with all the regulations issued to ensure transparency and accountability.

58. In order to reduce and gradually eliminate lightering, associated inefficiency and cost, Government should invest in the provision of Single Point Mooring (SPM’s). This provision should be followed up by instituting Regulations to compel Owners of Jetties, depots and storage facility owners to develop pipeline throughput availability to facilitate direct delivery of imported products by heavy vessels, in-shore Nigeria.

59. There should be a deliberate policy by Government to encourage the utilization of gas in automobile, domestic (cooking), and industrial facilities.
60. As a matter of urgency and in furtherance of our national security requirements, a national strategic reserve should be immediately enhanced so to accommodate 90days stop gap strategic reserve.
61. We strongly recommend that relevant Standing Committees of the National Assembly should be more proactive in their oversight responsibilities to forestall future occurrences.




















CONCLUSION

The Committee wishes to thank the Leadership of the House of Representatives for the confidence and support while the assignment lasted. Also, worth thanking are all Nigerians, Companies, Unions etc. who either openly or privately offered their services/support to the Committee.

We also express our gratitude to the media for their very intensive and consistent support especially Channels Television for bringing the proceedings of the Public Hearings of the Committee live to Nigerian homes.

The Committee can affirm that almost all the critical questions/issues raised at the beginning of this investigation have been answered conclusively. However, those not conclusively answered as a result of time and technicalities involved, are being recommended for further inquiry/action. For instance, it is safe to say that the daily consumption of PMS by Nigerians is 31.5 million litres while that of Kerosene is 9 million as against other incoherent figures being branded by relevant officers.

The cost of importation per litre is determined more by the Platts price. However, the over padding and wastage imbedded on the template hitherto being used by PPPRA encourages higher landing cost. This is why the Committee recommendation on urgent review of the constituents of the template should be implemented without delay.

The sum of N2, 657.087 trillion was paid as subsidy as at December, 31st in 2011 and the process of approvals (pre-qualification, allocation, verification, certification and payment) are all but flawless.

The difference between N2, 657.087 trillion paid as at December 2011 and N245 billion Appropriated (900%) is the extra-budgetary approvals and payment by the operators of the PSF Scheme and which tantamount to gross Constitutional breach.
The state of our refineries is nothing to write home about as it appears that greed, corruption etc among operators in the downstream sector colluded to strangulate the refineries despite their total installed refining capacities of 446,000 BPD.

The daily allocation of 445,000 bpd to NNPC for domestic consumption if well managed and harnessed has the potentials of satisfying the daily PMS and DPK needs of Nigerians. (see the Committee recommendations).
We also express our profound gratitude and appreciation to the Leadership and Honourable Members of the House of Representatives for giving us maximum support without hindrance or interference throughout the course of this assignment.

Finally, the Committee wishes to acknowledge the support and encouragement of all Nigerians which provided the needed impetus to accomplish this task.

Thank you.

Signed:
1. Rep. Farouk M. Lawan, OFR - Chairman
2. Rep. Ali Babatunde Ahmad - Member
3. Rep. JamesAbiodunFaleke - “
4. Rep. Alphonsus Gerald Irona - “
5. Rep. Umar Abubakar Sade - “
6. Rep. EuchariaAzodo - “
7. Rep. Abbas Tajudeen - “
8. Rep. John OwanEnoh - “

Uefalona will still win at the end of d day......

Yes truly it's a disgrace. GEJ should be a noble and brave president to tackle corruption head-on.

James Ibori was a petty criminal who once worked for the DIY store Wickes, but he re-invented himself as one of the richest - and most corrupt - of Nigeria's regional governors.

He was jailed for 13 years after pleading guilty to fraud charges totalling around £50m. He used aid money - much of which came from the UK - to fund a jetset lifestyle.

http://www.bbc.co.uk/news/world-africa-17740937

Our Judicial System ought to bow their heads in shame, they failed to convict a thief, and the Uk now convicted him and he will be jailed for his crimes. big shame to EFCC, they fail to prosecute big thieves like Ibori and focus on the masses. Its a shame

HI fellow nairalanders,

I am a Nigerian citizen who schooled in the country up until the secondary level, I was opportuned to go abroad to further my education in North America.

While there I met numerous Nigerian students who are walking the same path as me, although in different disciplines in the university.

Some of us have graduated and some are still in the process, and the discussion of going back home to enter the Nigerian work force and be a positive contribution


to our dear nation of Nigeria. We feel obligated to do something about the brain drain…we want to build our nation and not the nation of another people, because

we are always going to be second class citizens abroad.

I’m sure there are others out there like my friends and I who feel the same way, and are willing to come back to our birth nation to contribute and not just sit abroad.

This thread is aimed at the opportunities available in fields such as banking and finance, business management, engineering and so on.

I or we would like to know the ways to achieve this goal. Thank you.

lol....... ...Uncle Jona don cast *laughing in fulani*....if God chose you he would have given u the wisdom to choose youur cabinet members well and also the fortitude to deal with boko haram

@tanimola22
Thanks for your honest and in-depth reply. God bless you.

Fashola 4 life.... haters go trek 3rd mainland bridge

@tanimola22
I'm a student in Canada .I have a business management advanced diploma and a bachelors degree also in business management. Are there opportunities for business students at the entry level with little experience in the oil company sector . I would appreciate it if you could reply thanks.

yeah they have unfortunately had the crisis of drought reoccurring every year. I talking about Nigeria like its status politically, economically in comparison to some African countries.

@ Arosa proof please.

To be sincere I hail Goodluck Jonathan for giving the British the authority or consent to carry out this mission.If he hadn't, the western media would have turned it around and say government of Nigeria supports terrorism. In conclusion, it looks worse on the brits than it is on us.

I feel Nigeria with all of its vast problems is still better than some African countries in the sense that; we have not perfect but stable democracy(no dictatorship), Nigerians control or have a say on natural resources,apparent security(not good enough though), relentless and entrepreneurial citizens.Basically a better outlook for the future of our country. I would like to know your views on this topic.

https://www.youtube.com/watch?v=HwC_dnaNfHs&context=C324481cADOEgsToPDskJMGkPn1c1tGf1qA24DO5yU