₦airaland Forum

Paulbam:
Samsung 40"led Benin City
Inbuilt receiver(free to Air satellite)
07039426399 whatsapp

Always put price tag

Elo topped Frodd. Frodd came third from behind.

Can we all agree that feelgood is just guessing all around?

Stu*pid Crowd has lost his fanbase. He was already looking stronger when he left Esther for venita

Imagine, the audience didn't even hail or welcome Enkay with cheers.

Venita losing Joe and Enkay same day is a big loss to her

Omashola too dey fear evictions.

See him

eksbabe:
I thought Feelgood said Enkay had the least votes?

Did u just start watching bbn?

Evictions don't need to be done based on the order of numbers of votes. The HMs with most votes may not also be asked to sit first

Could have been Enkay and Cindy leaving tonight, but pity votes...

Seankhalifa:
plz dnt compare kemens own with frodd... Go and watch d video

How?
Did Esther give consent to such rough play?
Wasn't Esther even cautioning him?

Frodd's problem is that he thinks Esther just by smiling at him, she's already making advances towards him. That was why he left Venita and went back to Esther thinking Esther was loving him again just because the lady apologised to him for her conduct during the time of HOH.

Frodd could either be struck or disqualified, he stands to get either of these penalties.

Digital101:
I don't know that they dislike Frodd so much on twitter, based on the comments I have read on twitter some people are advocating for Frodd to be disqualified but I think he will be issue a Strike. I pray he doesn't get disqualified, we still need him in that house.

That's not dislike. Calling for his disqualification is in order. What was Kemen's offence that got him disqualified?

This Frodd could have raped Esther with no camera.

Rossycee:
So dancing will make her lose her relationship, I'm not understanding..

I mean she's trying to control herself not to flirt with guys either in the house or while partying.

XXML33:
Jackye knows all the dance moves to every song. She could easily be the life of the party but her shyness is holding her back.

She's so got the moves.

I guess she's holding back from dancing not to lose it, she's got a serious relationship outside

NEnkay can dance sha.

Jackie also has bad moves

tenderheart:
Tacha dancing to Timayas song ( Portharcourt boy)

Duncan Mighty

do4luv14:
if you will do pay after let me know,
ah send you my number and you give me the bet9ja booking view text message

You people won't learn at all.

If you have sure 200 odds, would u be looking for who to sell it for or rather play it yourself and hit millions?

You think you're safe because you're not buying from it, but think from the side that he's making you risk your money by staking on that useless game he himself can't stake on.

He has nothing to lose; if the ticket is lost, your loss, if it luckily win, which has high possibility of not happening, you pay him

gentlekeny:
My brother man, please read and read over what I posted, did I say there is a loan provision for Npower beneficiaries? The loan in question is offered to anyone who meets the criteria and not for Npower beneficiaries alone.

So you don't know that with as little as N20,000 one can start importating stuff's from China and Turkey? Am truly surprised at your level of ignorance.

Am also surprised that as a Nairalander you don't know that with your little N3,000 or less you can learn Cartoon animation.

I should Be the one to tell you to read properly.
I know about all these but this thread is talking about Npower and you created the impression like Npower provided those ones you mentioned the way you jumped into the thread with that post.
Didn't you see Npowerng jumping at your post also?

Your post was misleading to many people.

How could you infer you've learnt animation, mini importation and loan access through Npower?


Did you learn all those you mentioned through Npower? Why were you trying to mislead people?

tempex88:
This is big wahala for Nigeria and Nigerians.....FG need to appeal to PID and seek out of court settlement.

And to think the issue had earlier been discussed and settled out of court with PID by the last admin, and PID had agreed to $850m settlement that time only for the new govt to come in 2015 and failed to honour the arranged agreement.

Doubt PID will agree to appeal easily now. Not after they were dragged to court.

COOL10:
.

Frodd only remembers he's a man when he relates with men but becomes a pussy when it comes to women

If he does otherwise, you will say he only finds his guts with women.

horhizah:
That's his idea of pepper... Leave him alone, afterall you subscribed for this.

If seyi chose using Awolowo to bully others as his pepper, no one or Seyi himself should be angry if the favour is returned when they insult Awolowo name

izzou:

Oga pilot.

How is your day going?

Stay safe brother

Lalasticlala, this is how it started.

On Tuesday, a U.S. District Court in Washington D.C. gave judgment affirming a $6.59 billion arbitral award, plus $2.30 billion interest, against Nigeria.

The judgment was given after the country failed to show up in court to defend the matter.

The naira value of the amount came to about N2.7 trillion (at the Central Bank of Nigeria's rate of N306 to one U.S Dollar).

Just as the judgment was handed down, PREMIUM TIMES became aware that the country would have paid less than 10 per cent of the $8.9 billion award if the Muhammadu Buhari administration had acted in line with the recommendation passed to it by the preceding Goodluck Jonathan regime.

But rather than take the recommended action, the Buhari administration scorned at the settlement agreement its predecessor signed with Process & Industrial Development Limited (P&ID), the engineering firm fighting Nigeria for breach of contract.

Official documents reviewed by PREMIUM TIMES show that a government negotiation team constituted by Mr. Jonathan successfully negotiated an out-of-tribunal settlement with P&ID and got the company to accept a $850 million payment, about 9.6 per cent of the $8.9billion award.

However, the present administration ignored that settlement and rather asked its lawyers to return to the tribunal to further contest the engineering firm's claims.

The tribunal then ruled against Nigeria, awarding $6.6 billion in favour of the British Virgin Island's firm.

The refusal of the government to settle the matter for over five years attracted additional $2.3billion in accumulated interest at seven per cent per annum.

The fine followed a dispute over alleged breach of contractual agreement by the Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC).

Officials familiar with the matter told this newspaper that the Jonathan government hammered out the $850 million agreement with P&ID a few days to the end of its reign.

It then transferred the responsibility of disbursing funds to the aggrieved company to the then in-coming government of President Muhammadu Buhari.

Former President Goodluck Jonathan

"President Jonathan reasoned that since his administration was already a few days away from its exit on May 30, it was proper not to approve the payment of $850 million to avoid unnecessary suspicion," one official said, asking not to be named because of the sensitivity of the matter.

A SETTLEMENT IGNORED

At a point during the tribunal hearing, counsel to the Nigerian government, Supo Shasore, a senior advocate of Nigeria (SAN), gave a legal opinion that the government's defence for failure to discharge its obligation under the contract was "feeble and unsustainable."

On August 11, 2014, the then Attorney-General and Minister of Justice, Mohammed Adoke, advised the government to take steps to settle the matter out of the tribunal "with a view to significantly reduce the claims against it."

At the end of negotiations on November 20 and 21, 2014, a government team recommended the payment of $1.5 billion to P&ID.

But Mr. Jonathan asked the team to press for reduction of the settlement amount. The team achieved a further concession to about $1.1billion to allow for taxes, salaries and other remunerations to P&ID workers if the contract agreement were executed.

On April 29, 2015, P&ID agreed to the government's final proposal to pay $850 million to settle the matter once and for all.

Although the government expressed discomfort over the $850 million settlement, wishing it was about $500 million or less, a payment schedule was agreed.

Initial payment of $100 million was to be made immediately after signing the Deed of Settlement by all parties. Subsequent payments were to be in three tranches of $250 million every four months.

The Minister of Petroleum Resources at the time, Diezani Alison-Madueke, who raised the memo for President Jonathan's approval, said the Nigerian National Petroleum Corporation (NNPC) was to provide the funding for the payment.

However, on May 25, 2015 (four days to the end of his term), Mr Jonathan wrote back to the Minister and the group managing director of the NNPC, saying, "I cannot approve at this time. Please bring up for the in-coming government to consider."

The directive was contained in memo No. PRES/88-3/MPR/813/158/NNPC/7 from the then president to Mrs Alison-Madueke.

The memo was a response to another, dated May 18, 2015, in which the minister sought the president's approval to ensure immediate settlement of the matter.

Although Mr Jonathan, based on the recommendation of the minister, gave approval for immediate settlement of the matter, he however transferred the disbursement of the money to the then in-coming Buhari administration.

However, on assumption of office five days later on May 30, PREMIUM TIMES learnt that when the matter was brought before President Buhari and Vice President Yemi Osinbajo, they opted for a renegotiation of the entire deal.

Mr Shasore, who was the government's defence counsel, was debriefed. He was replaced by Bolaji Ayorinde, also a SAN, to continue the matter at the London tribunal.

On December 23, 2015, the new government asked for the award to be set aside completely.

But on February 10, 2016, the tribunal dismissed the application following hearing on July 22 to 24, 2016 to determine the damages.

The tribunal ruled that the damage suffered by P&ID was the loss of net income it would have received if the Nigerian government had kept its side of the contract.

HOW THE BATTLE STARTED

On January 11, 2010, P&ID signed a gas supply and processing agreement with the Ministry of Petroleum Resources on behalf of the Nigerian government.

Under the terms of agreement, P&ID was to build and operate an Accelerated Gas Development project to be located at Adiabo in Odukpani Local Government Area of Cross River State.

The federal government was to source for natural gas from oil mining leases (OMLs) 123 and 67 operated by Addax Petroleum and supply to P&ID for 20 years to refine into fuel suitable for power generation in the country.

The lean gas to be produced from the wet gas was to belong to the government, while ownership of the residual hydrocarbons would be vested in P&ID as consideration for processing the wet gas to lean gas.

Initial volume was about 150 million cubic feet of gas per day, and eventually to ramp up to about 400 million cubic feet per day during the 20-year period.

However, P&ID alleged that after signing the agreement, the federal government reneged on its obligation after it opened negotiation with the Cross River State government for allocation of land for the project.

P&ID said the failure to construct the pipeline system to supply the gas frustrated the construction of the gas project, thereby depriving it the potential benefits expected from 20 years' worth of gas supplies.

The company said several attempts to settle out of court with the federal government failed.

In August 2012, P&ID served the Nigerian government a Request for Arbitration.

The federal government argued before the tribunal that the failure of P&ID to acquire the site and build the gas processing facilities was a fundamental breach, as no gas could be delivered until this was done.

But the tribunal ruled that the Nigerian government's obligations under Article 6B of the agreement were not conditional upon P&ID constructing the gas processing facilities.

The tribunal upheld P&ID's application requesting damages for alleged breach of contract by government.

Two members of the three-man tribunal, Lord Hoffmann and Anthony Evans, held that P&ID's expenditure and income should have been about $6.597 billion if the GSPA was duly performed by government.

Both officials said the award should be paid together with interest at the rate of 7 per cent from March 20, 2013.

The other member, who is Nigeria's former Attorney-General and Minister of Justice, Bayo Ojo, in his minority ruling said although P&ID was entitled to compensation for the breach, its damages could not have been more than three years from the date of the alleged breach.

Mr Ojo said P&ID should not be paid more than $250 million as damages.

The tribunal said damages were calculated as the present value of 20-year income, minus certain capital and operating costs incurred from building and running the refining facility.

And considering that the award was unpaid since 2013, accumulated uncollected interest at 7 per cent per annum would be about $2.3 billion as of March 2018.

Although the federal government challenged the award, P&ID said Nigeria was bound by a treaty to pay up, having waived its right to immunity as a sovereign nation when it signed the agreement.

On March 16, 2018, P&ID in its application seeking enforcement of the award said "The final award is governed by such a treaty -- the New York Convention. So, Nigeria's status as a foreign sovereign does not deprive the court of jurisdiction to confirm the award," the company said.

When contacted for comment on the story, presidential spokesperson, Laolu Akande, said his boss would rather prefer the Attorney-General to talk about the matter.

Asked to confirm if the VP actually directed that the agreement for the payment of $850 million be set aside in 2016, Mr Akande said he should be given some time to get more details. He was yet to get back at the time of publishing this story.

The Minister of Petroleum Resources, Ibe Kachikwu, said the government was doing something about the case. He did not provide further details.

The Minister of Justice, Abubakar Malami, did not answer calls to his telephone when PREMIUM TIMES called to seek his comment for this report. He also did not respond to text and WhatsApp messages sent to him.



Read the original article on Premium Times.


Source; https://allafrica.com/stories/201806090085.html

gentlekeny:
I have used mine to learn:

**Cartoon Animation
**Shirt, Mugs, Phones customization
**Accessing loans without collaterals
**Venturing into Mini Importation.

Truly I have been empowered. If you need to be empowered in these, contact me

This is all lie, you're only here marketing your products.

There is no loan arrangement for Npower volunteers.

All you marketers are liars. I doubt you're even a volunteer cuz I don't think all you listed above were provided by Npower for volunteers.

Or any volunteer here that can confirm any of these programs provided by Npower to volunteers please?

BlackAlbinoo:
This story is incomplete,they should also tell us what the boy did for the lady to have descended on him that way,as their is no smoke without fire.Some of the children of nowadays are something else and deserve such treatment.

Your arrest is the next.
Go and do that to an orphaned housemaid with u and post the video fro us to see, then come and defend yourself with what he or she does that deserves such inhumane treatment

deltateam:
How? Who did he scam?

Those that invested with him.

I know someone who lost 350k
Heard from another person that a friend invested $1000 with him.

His lowest investment amount before he ran was $250.

Dollarsense:
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This guy has finally scammed alot of people

I warned guys about investing with him

Donald3d:
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Call:08182346055
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How much is the burner and are u in lag?

Susizo:
Location: Ibadan.

Send me your WhatsApp number. I will chat with you

I'm sorry. I'm in Lagos. Ibadan isn't feasible for me.