₦airaland Forum

The Jagaban, commends the government for prompt and effective governance, pointing out the advantages of the bill signed but some Nigerians would only focus on Osinbajo. Do we really expect the VP to leave such matters as presiding over FEC, NDPHC, etc to be flying papers across the Atlantic? Wouldn't that amount to usurping another's job functions?

when something smells fishy it usually is... from that 80 aides line is where you should know a future James Hardely Chase was practising for his future Nobel prize in writing shady tales.

J111333:
Did I read that the VP has up to 80 aides, what dafuq does he need all that for? Too much waste in the system and that's bad.

Well, I don't like this intimidating attitude of Buhari and his cabal towards Osinbajo. Dude is obviously not interested in 2023 so they should let him serve out his tenure in peace. No matter what they do to him, he has the love of many Nigerians across ethnic and religious divide and if he decides to run in 203, no intimidation from them can stop people from voting for him.

and the worst of the lot are the tribalistic racist bigots. those for whom SM has become the hatchery where their sentiments can be explored without exposure.

Edyice:
Yorubas don't realize that it ABOKIs that owns Nigeria and they are prepared to deal with them





To All the Yorubas that was fired

Sometimes t seems like we all just type after reading the headline. Some of the outlandish claims that are regularly made are so easy to spot that one would normally take the rest of the story with a pinch of salt. Alas, we all read the headline, return to our trenches and start firing blindly. This story is hogwash

the fact that you are uncout and unlearned does not warrant you the right to wallow in ignominy. the Presidency is not class captainship. If there is no effective hand over via the Senate, the VP remains VP until the president becomes incapacitated, resigns or is impeached.

PrecisionFx:
Are u so uneducated to the extent that u have no idea that in the absence of a president, the VP takes over in acting capacity until the president returns.........Haven't the dullard handed over to the commissioner before traveling over the last 5 years?

While most people were focusing on the medium by which the “offshore bill” was signed, and faulting the need for Abba Kyari to fly a chartered jet, the cause to rejoice was lost on most Nigerians.

President Buhari has told the world that “Nigeria will now receive its fair, rightful and equitable share of income from our own natural resources for the first time since 2003.”

The benefits to Nigeria in the amended bill include higher revenues and having a greater say in the maximization of our natural resources. The high points of this amendment include:

A 10% flat rate on all offshore sites exceeding 200m water depth prevents the confusions that emanate from the cumbersome measuring process fraught with deceit and corruption.

A 7.5% rate for locations closer to the shore, also known as Frontier/Inland basins.

There is a graduated increment in tax to be paid when crude oil price rise to ensure that all parties are profiting equally as against the flat taxation of all increments above $20.

There is also a periodic review every 5 years to ensure that we do not fall into the same trap of needing to constantly review the entire bill just to ensure we are being paid what is due us as a nation.

Apart from assigning responsibilities and sanctions for subsequent reviews, the major highlight of the amendment is that all Production Sharing Contracts will now attract royalty based on a combination of water depth and oil price.

In conclusion, President Buhari stated; “for the first time under our amended law, 200 million Nigerians will start to receive a fair return on the surfeit of resources of our lands. Increased income will allow for new hospitals, schools, infrastructure, and jobs.
“Today marks a new and beneficial relationship with our oil company partners: one that benefits all – starting with the Nigerian people,”

Back to Kyari and the estimated $140,000 cost of the trip, would it be wise to recall that the President, during the 2020 budget presentation to the National Assembly noted that the amendment of DOIBPSCA is one of the priorities of the Federal Government of Nigeria (FGN), as it has the capacity to generate additional revenue of at least $500million which will aid FGN in achieving the proposed 2020 budgeted revenue?

Would it also amount to a good move if there are currently vibes in the OPEC corridor of a slump in oil prices and the government had to expressly position itself in good stead to forestall huge economic losses? Things to ponder.

The signing of the bill follows Senate President Ahmad Lawan’s announcement last week that the Petroleum Industry Bill would also be passed before the end of 2020.

“Our petroleum industry is almost stagnant; it has long needed profound reform. Our oil and gas-related committees are therefore expected to work hard to take the lead in our determination to reform this vital sector,” said Lawan.

Hopefully, by the turn of the year, Nigerians would begin to profit from these actions of the government in ensuring a stronger economy for the nation.

listened to yours recently or is yours on the exterior?

israelmao:
You are the real loser if only you can listen to that real man inside you.

cos in their old age they still looking out for pocket pickings

Okoroawusa:
I thought Afenifere is against this government?

What is their own if Osinbajo is sidelined?

no he means He's as powerful as the President makes him... grab your constitution

PrecisionFx:
U mean Osinbanjo is powerless?

could you outline them, that the rest of us might be enlightened?

sarrki:
Osinbajo May and May not

We have sound and vibrant dudes that can take over from pmb

Fani las las has shown why he was booted out of office as a minister... simple comprehension of the constitutional powers of the constituents of the presidency fails him but then again I think the main problem comes from the shock that President Buhari ever even handed over powers to Osinbajo in the first place, as such everyone expects that he would do it all the time forgetting that its at the prerogative of the president to do so if his stay outside the country is less than 21 days.

The exigencies of government sometimes warrant that drastic measures be taken to subvert an even major economic fallout. $140k might seem a lot but from the newly passed bill, Nigeria would surely be benefitting a great deal more.

click bait... click bait... click bait

u know you are doing the right thing when smugglers and those who aid them start complaining

Even Jesus said... "Let the little ones come to me" the expression of joy from the boy said it all

Same way that salary grows in tie work will farm output as well increase as time goes. as a graduate, there should be a marked difference in farming techniques employed as against a subsistence rural farmer.

babyfaceafrica:
will farm work pay at least 80k per month?..I don't think people are scared of farm work, but how profitable is it?..a graduate will drop that tie and do farm work with the right salary..it is all about the money who tie help!!

time and chance waits for no man... hopefully the Nigerian youth will see this as motivation to desist from social vices and embrace Agriculture as a means to stable livelyhood

I commend bode for his memory but if he's sure of the seat numbers, why didn't he state the flight numbers as well?
The response from the VP was clear, the case was a federal case instituted by the efcc, the Federal was controlled by bode's party.
If Bode needs to forgive anyone it's President Obasanjo and should stop sashaying to the APC with style

even if as at now the capacity is lacking to provide adequate health care, a further read into the article would have revealed that plans were being made to strengthen the NHIS for that very purpose.

being swayed by mischievous headlines is our most gullible deficiency

uncle Bode (thomas) George is trying to find his way home. Seems truly that people are already strategizing for 2023 when Prof. Yemi Osinbajo and his Boss are about their daily jobs assiduously.

This weak and poor write up has only the reignition of bland and wide off the accusations by Frank. A sorry attempt at journalism

if what you want is a leader is humble yet ardent at his tasks, diligent dedicated yet affable and never pompous or arrogant, then look no further than the Vice President of the federal republic of Nigeria

so all the preamble for the beginning was just to draw aspirations to a month old tale and plenty questions and assumptions at the end? It is well o. The VP stands strong and unwavering in his actions to drive the country forward down to the least members in the society.

never has there been a more worthy ambassador for the Nigerian cause... your patriotism would surely be rewarded a thousand times over

sometimes one wonders how these figures are concocted? people won't even try to verify the source or the event where this this are alledged to be said they just jump on the wailing wagon.

this is such a terrible read you can practically see the hands of the puppet master... in one line it is claimed in line with the rule of law and that already contradicts that of the immunity clause the VP enjoys. you folks can't have spent the last week telling this and then calling on efcc again... we understand english now... anyway, you people should find another spin on this tale, this one did not hit the mark.

The cabals don't sleep and so also the ones who help them perpetuate the claims.
The VP is poised to grow stronger

Once again the vice president has hit the nail in its head. The country and the citizens always come first.

but wait o... shey them these cabal no dey tire ni? abi them be like kabal for Mortal Kombat running upandan putting a spin on everything? na Uppercut sure for them last last

the attempts to smear the Vice President is surely becoming clearer by the day. offload a barrage of accusations in such flurry that it to visible to be false. when the tale bottoms out,tweak the story somewhat and go at it all over again.
these are the clutchings of desperate men who do not want the continuous progress that the VP is delivering to the people.

What will musa not see at the gate of Nairaland? Buhari get agreement with Tinubu? The gross and absurd nature of the claims are so outlandish a lot of times, I wonder if this is a comedy club

It doesn't matter how much top spin is put on a tale it still falls flat if it's got no facts. Being a fictional writer should be the goal of these persons as they'd best Tom Clancy any day anytime