₦airaland Forum

yarimo:
ATIKU and PDP won't complain MARY ODILI husband is a PDP member. I wish I am close to Mary while saying this provocative statement.

The case in question was not between PDP and Buhari.

1shortblackboy:
And this is an achievement?

Very great achievement. Very soon CNN will follow.

Show me the tunnels.

ChiefkeefGB4:
$9.6 Billion Judgment and New Discoveries

The Federal Government through EFCC just discovered P&ID do not have the profile: Operations, activities etc to secure the approved contract.
Late President Yar’Adua couldn’t have signed the contract in 2010 because he left Nigeria in November 2009.
Vice President Jonathan wasn’t acting president because of certain forces preventing that from happening, hence, he also couldn’t have signed or approved the contract.
P&ID office address at No. 12 Vaal Street, Maitama, Abuja has no single trace of the company and currently being occupied by a law firm.
Two Nigerians, Adamu Usman and Jadesola Awoyinfa, and three foreigners, Brenda Cahil; Michael Quinn and Neil Hitchcock are the directors of the company.
P&ID directors suddenly pulled out of an agreed meeting with EFCC last week without a valid reason.
Investors King Analysis of the Situation

P&ID couldn’t have secured the contract legally given the company’s profile and situation of things in Nigeria as at the time when President Yar’Adua was sick.

The Federal Government suddenly realised behind every approved contract in Nigeria there is money exchanging hands, especially when the company is largely unknown like P&ID.

In fact, this was obvious with the company’s failure to compel Nigeria to pay $6.6 billion initially awarded against the Federal Government in 2017.

Realising it doesn’t have the necessary tools to enforce the 2017 judgment, P&ID sold the idea to a hedge fund company, VR Capital Group.

VR Capital acquired a 25 percent stake in the company in March 2019 and immediately deploy all its legal resources to force Nigeria to the negotiating table.

The question is why fighting to get the Federal Government to the negotiating table when a legal court has awarded $9.6 billion and you’ve instructed your lawyers to start identifying Nigeria’s assets overseas?

The truth is the company and the VR Capital just want to exploit the poorly structured Nigerian system and cash out an ‘appropriate amount’ for their efforts.

It should be noted that hedge funds like Paulson & Co., Elliott Management, Pershing Square Capital Management and other asset management companies have taken stakes in embattled companies in the past and used their resources like VR Capital Group and P&ID are currently during to force the Nigerian government (their victims) to negotiate or risk an economic catastrophe.

However, the issue here is slightly different as the contract was likely secured through some illegal means given the aforementioned reasons and with the government now in the know, it is just a matter of time before the invited Nigerians on the board of the company start talking or abandon the case and disappear into thin air.

Following new EFCC discoveries, the Federal Government has now called off any negotiation with P&ID and will likely commence arrest of the people behind the contract this week.
https://investorsking.com/9-6-billion-judgment-and-new-discoveries/

Why did Nigeria not go to court to present these facts?

(Now that I presume you understand the basics, you will agree that when Aguiyi Ironsi became the head of state, his first duty will necessitate the trial of the coup plotters and serving justice for other regions who lost both political and Religious leadership (Northern region) that he never did.)
Jpp. Gowon was in charge of investigation but only submitted his report on the eve of the coup. What do you make of that?

grandstar:
The article is too long

Anyway, it's obvious this government did try their best to negotiate and this is laudable.

The best route for now,may be to embarrass the company and Ireland by bringing attention to the world that the contract was fraudulent from the word go and the government won't pay the outrageous award.

This may compel the company to accept the much lower award.

It's tone the Presidency took the gloves.

Where were all these facts during the court process? Is Thisday news paper the court?

There is only one thing you remember Nigeria with agreements....Renege, Renege, Renege.

So e don reach where you go de post fake story and respond to yourself. Kolo do de enter oo

Xisnin:
Of course we know.
Ojukwu agreed with Awolowo to pursue negotiation for federalism.
But before Awo could reach his base, Ojukwu had declared war on Nigeria.
Ojukwu's calculation is that the Nigerian government would assume that
Awo was in on the deal and would concentrate the military on the west.

If Ojukwu's calculations were correct, the FG would have declared war on the west first
on the wrong pretext that Awolowo's had declared war by aligning with Ojukwu. Thus, paving
a smooth path for secession since the government would be too busy fighting in the west to even
bother retaking the east.

Unfortunately for Ojukwu, his gambit failed and Gowon refused to declare war on the west even though
most of his advisers pressured him to do so.

This is where you have shown your ignorance. Ojukwu never declared war.

ImperialYoruba:
You dont come here talking !may have!. Give facts!! Did Obasanjo and Awo support Biafra or not?

Awo was the owner of the so called Nzeogu coup.

Iblad0994:
You gotta learn from history. The action of Nzeogwu led to the massacre of thousands of easterners in the core North. What did Ojukwu did? Call for Biafra war and multiple 3 million got massacred again.

What is the benefit of war? Who wins in a war? Kanu is doing more damage than benefit to the Biafran ideology, he is currently turning it to joke and the Igbo elders stood there without saying anything.

Instructing his subject to arrest a sitting president is a joke taken too far and one but wonder how sane minds kept praising his stupidity.

Junaid shouln't say something like this as a elder stateman, it's absurd.

Is Nzeogu from the south east. Last time spent time here telling us how Ndokwa and his kins are not Igbo.

chennaija:
TRUTH! I will speak in the context of Igbos even though there are non Igbo IPOB members. The fact is Igbos don't play with truth. If you are truthful to Igbos, they will defend you with lives. Truth means life to Igbos!

Exactly. Truth and sincerity are the tonics.

UniversalDove:
I don't see any problem here, it's his money and his daughter. We tend to make use of money the best way it suits our purpose

Thank you my person. I wonder oo. The money na the man money, the daughter na the man daughter . Which one be our own there na?

wirinet:
Ipob are getting negative attention. You think the physical assault on a Nigerian senator on international media promotes the cause of IPOB?

You think threatening a sitting president puts IPOB in good light?

IPOB is playing into the Nigerian governments label as a terrorist organization. They issues threats and act of violence and then immediately say IPOB is "a peaceful organisation".

Yet you are anti Trump and CNN is your darling.

bonnylight003:
But his supporters are not complaining...
Are they?

why are you so pained? Are you ipob member?
If yes..there's a complain procedures..follow it wisely.
Thanks

He does not understand how IPOB operates.

Look at the fingers of the guy on the left holding the flag. Na waa ooo

Fake news. Fake news. Fake news.

lilytender:
Three million Biafrans were sacrificed due to foolishness of one man in 1967, let's hope many more will not be sacrificed 52 years after. I hope Igbos in Northern Nigeria are seeing their brothers going to bring ants infested wood into their house. Buhari is a god in Northern Nigeria, any group of people that attack Buhari should be ready to face the consequences both home and away.

For you to say this means you are a very very stupid person. In fact your stupidity is of the superlative order.

Contingency. There is nothing in that your coconut head.

KwoiZabo:
The Thunder that will fire Nnamdi Kanu is still receiving prayers. Ekwerenmmadu is one of the finest politician from the SE and his beating has marked the beginning of the end of IPOB. Quote me anywhere

More beatings will come to more Se politicians and so called leaders. Watch out

KingsCity:
Don't misunderstand me, I 'm not saying fraud is good but guys who can defraud people of over a billion Dollars have to be really smart!


I think the real problem is they are part of Nigeria's failed system. People believe it's better to cheat than to be honest. Parents would rather hire people to help their children cheat in JAMB than hire private teachers to help them study and pass honestly.


This failed system has given people a wrong mindset that it's better to cheat than to be honest. If anyone ever taught these guys that it's better to be honest that to cheat, me thinks these guys would still have turned out very successful with the kind of brilliance they obviously have got

Many of us condemning them here are cheats as well.

Nnaabros:
Condemn it as much as you want... good or bad.

Nobody is justifying anything.

The same America crying foul was built on the backs of African slaves. They stole from us. No country is clean from crime.

What of Kashamu and Tunubu? ? ? ?

When you marginalise a people who are over 50 million in population, get ready for what you will get. These are ,
{1} Unrest.
{2} Crime.
{3) More crime.
{4} More unrest.

I advise IPOB to focus on Biafraland politicians. Let others do their thing for themselves.

APC appoints people with skeletons in their cupboard so any time they want them out they bring out one skeleton.

IPOB have set the ace once again. More egg splashing, more stoning, more beatings until our looters become leaders. Until they get sense.

Afamed:
Ignore Engineerboat. I have sampled the guy yesterday. He's not just wack but totally empty.
Just few days from now, Atiku case will be thrown out of court for lack of merit and frivolous claims. You can bookmark this thread

Yes. Lack of merit and frivolous are the terms unjust courts apply to rubish cases they want to rubbish.

skyblueking:
How many people has he helped out of the masses?

Dude just instigating hatred into the mind of the people against their leaders..

After im go elope...

Leaders abi looters?

Shame on Joe Igbokwe.

RockHard:
This Gbadamosi tweets are meant to reset the brains of some pea brained Igbos that were talking crap and deriding the position given to igbokwe based on some false sense of entitlement. Some indigenous Lagosians were passed up and not confirmed while igbokwe (a non-indigene) was confirmed and given an opportunity to serve. Hope Una go receive sense now.

A hausa man is currently a special adviser to the gov of Imo state. So whats is your point. Orji Kalu appointed some non indegenes as commissioners. Get some info.

More beatings are coming up. Prepare to talk more trash.

This is not good. Ekweremadu is the senator who spoke against the killing of IPOB members on the floor of the senate.