₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,330,273 members, 8,444,753 topics. Date: Monday, 13 July 2026 at 11:19 PM

Toggle theme

Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsMambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm (13952 Views)

1 2 3 4 Reply (Go Down)

Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by rottennaija(m): 5:33pm On Aug 04, 2021
Babanah:
The Sovereign Wealth Fund belongs to the Federation. How could he simply order for funds to be disbursed as alleged?
Go and learn the machineries of govt. Then you will understand.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by LegalWolf: 5:35pm On Aug 04, 2021
uptimum123:
To those ineffectual Buffon that put on in this predicament, only Go d will judge you guys.

Imagine paying $200m for doing nothing.

And to that scam lawyer Femi Falana that defended them ehnnn ...make I no talk angry angry
We’ve passed that stage. God will do absolutely nothing to them because they have the right to vote. See that’s the beauty of democracy. Every idiot and professor is entitled to the same vote and nobody is bound to vote for anybody. So let’s stop the blame game as it is not helping anybody. Rather, let’s unite and campaign for a better candidate
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Omooba77(op): 5:37pm On Aug 04, 2021
PassingShot:
You lack any understanding of the issue. So, just keep quiet.
Another expert in disguise! They scaled down the project and still paying for cancellation of something that may not take place in the live of this administration.
They keep on lying to you about their achievements and nothing is on ground......
According to Wole Soyinka, they have taken our docility for granted.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Okoroawusa: 5:37pm On Aug 04, 2021
PDP really scattered this country. Awarding unrealistic contracts now it's costing us $200m.

We shall overcome...
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Faiththatworks(m):
That's what happens when people fail to understand government is a continum,many people have died in this country because a new government comes in and decides to cancel a contract and hand the same project to it's cronies.
I know it wasn't Gen Buhari that cancelled the contract but Government at all levels must stop this nauseating habit of thinking they can cancel an agreement with a company just because the previous government in power has chopped all the bribe.
We know anytime they do their nonsensical project valuation of any contract it's just a term for adding more bribes to be wacked,that's better than cancellation of the entire contract.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Omooba77(op): 5:38pm On Aug 04, 2021
uptimum123:
You no nothing bro...I bet you don't know the origin of this $200m.

If not for Buhari,we would have paying about $2b .. Our past governments has done us really bad
You are still here to defend failure as usual. What type of school did you attend?
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by aremuforlife(m): 5:39pm On Aug 04, 2021
Omooba77:
Another expert in disguise! They scaled down the project and still paying for cancellation of something that may not take place in the live of this administration.
They keep on lying to you about their achievements and nothing is on ground......
According to Wole Soyinka, they have taken our docility for granted.
Did you read the news, do you know that the issue started in 2003 while Obasanjo was in power
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by tuboi: 5:40pm On Aug 04, 2021
Nobody is paying attention to the fact that 5Billion would have given us over 3mgwtss but the corrupt government want to pay 4Billion for 1.5mgwtss…..What a shame
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by vedaxcool(m): 5:42pm On Aug 04, 2021
aremuforlife:
Did you read the news, do you know that the issue started in 2003 while Obasanjo was in power
He is pained his P&ID scam fell apart now he must promote any lie
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Gambit23: 5:43pm On Aug 04, 2021
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by otokx(m): 5:43pm On Aug 04, 2021
Reduced from 3050MW to 1525MW, costs then reduced by $1bn, indeed there was a country.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Gambit23: 5:44pm On Aug 04, 2021
aremuforlife:
Did you read the news, do you know that the issue started in 2003 while Obasanjo was in power
This ur post has zero connection tohis post
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Buckeyemedia1: 5:45pm On Aug 04, 2021
Babanah:
The Sovereign Wealth Fund belongs to the Federation. How could he simply order for funds to be disbursed as alleged?
You done lose the court case, you people must pay, no room for delay again.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Buckeyemedia1: 5:45pm On Aug 04, 2021
otokx:
Reduced from 3050MW to 1525MW, costs then reduced by $1bn, indeed there was a country.
Madness, bunch of visionless people, Yet they still keep giving birth like rabbits, from 3050MW to 1525MW for the future generation, with no official census in place? huh
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by obi58: 5:51pm On Aug 04, 2021
Omooba77:
https://punchng.com/mambilla-fg-directs-nsia-to-source-200m-judgment-debt-for-chinese-firm/
When late Sound Sultan was showing Nigerians how to solve mathematics instead of us to learn we were just enjoying the music....

Oya carry biro:

Original contract = $5bn for 3MW power plant ($1.6b/MW)
Reviewed contract = $4bn for 1.5MW power plant. ($2.6b/MW)

Worse still the Chinese bank will provide 85% of the funding for the project which we will have to repay.

Talk about misplaced priorities! We are already struggling to transmit the power being generated currently because our transmission infrastructure is in dire need of renovation and upgrade. Instead of addressing this we are taking loans to build more power generation plants.

We never build new refinery o!
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by afube: 5:51pm On Aug 04, 2021
KwaraRat:
Fulanis have bankrupted this nation with both their outright embezzlement, corruption and foolishness.
I fear for the future of his nation, Fulanis have no business running a modern nation,
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by naijaman2225(m): 5:53pm On Aug 04, 2021
Babanah:
The Sovereign Wealth Fund belongs to the Federation. How could he simply order for funds to be disbursed as alleged?
I WONDER OOO. TREATING THE FUND AS IF IT IS FEDERAL GOVERNMENT'S CHEQUE BOOK.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Onlykwaffy(m): 5:59pm On Aug 04, 2021
Wait oh what happened to all the Looted Funds buhari Said he Recovered huh
Habah this People are Mortgaging this Country to China
I'm very worried about what the Future will hold for my Unborn Children
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Kubernetes: 6:01pm On Aug 04, 2021
Dubetex96:
Country no get direction again Buhari has misdirected everything
The contract was awarded during the PDP regime 10 years back. But it was a corrupt and over inflated award by the PDP as a result of bribery. APC discovered sunrise coy is not capable etc. A reassessment was done to ascertain if really they were not capable and if really it was inflated. The allegations was found to be true, as such it was terminated. Sunrise went to international court and got the judgment.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by loswhite(m): 6:05pm On Aug 04, 2021
uptimum123:
You no nothing bro...I bet you don't know the origin of this $200m.

If not for Buhari,we would have been paying about $2b .. Our past governments has done us really bad
Please tell us the origin since you know it. Thanks
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by techWriter1: 6:05pm On Aug 04, 2021
Una no seriousSince this old woman made in na mambila electricity him jus chat but no acton
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by loswhite(m): 6:06pm On Aug 04, 2021
Kubernetes:
The contract was awarded during the PDP regime 10 years back. But it was a corrupt and over inflated award by the PDP as a result of bribery. APC discovered sunrise coy is not capable etc. A reassessment was done to ascertain if really they were not capable and if really it was inflated. The allegations was found to be true, as such it was terminated. Sunrise went to international court and got the judgment.
So if they have all this fact as you claimed then why do we have to settle them?
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Nobody: 6:09pm On Aug 04, 2021
KwaraRat:
Fulanis have bankrupted this nation with both their outright embezzlement, corruption and foolishness.
Remember the foolish minister who led the agreement despite being a lawyer!
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by FarahAideed: 6:12pm On Aug 04, 2021
Buhari only knows how to make things worse ...he knew there was an active contract but went ahead to award another and instead of settling those who he wanted cancelled he decided to play hard till they took him to court now they are getting almost quarter of billion dollars for doing nothing
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Buckeyemedia1: 6:13pm On Aug 04, 2021
Okoroawusa:
PDP really scattered this country. Awarding unrealistic contracts now it's costing us $200m.

We shall overcome...
What is the difference between APC & Pdp?
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Buckeyemedia1: 6:13pm On Aug 04, 2021
FarahAideed:
Buhari only knows how to make things worse ...he knew there was an active contract but went ahead to award another and instead of settling those who he wanted cancelled he decided to play hard till they took him to court now they are getting almost quarter of billion dollars for doing nothing
Good battle, they won, better the 200 million today than a white elephant project for tomorrow.
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by frog12: 6:15pm On Aug 04, 2021
WETIN be dis?? dis na complete NONSENSE !

SO, incompetent and corrupt officials cause TROUBLE, and now they want sovereign fund to bail them out and use our RAINING DAY FUNDS huh

why dey no fit arrest the criminals huh
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by FarahAideed: 6:15pm On Aug 04, 2021
Kubernetes:
The contract was awarded during the PDP regime 10 years back. But it was a corrupt and over inflated award by the PDP as a result of bribery. APC discovered sunrise coy is not capable etc. A reassessment was done to ascertain if really they were not capable and if really it was inflated. The allegations was found to be true, as such it was terminated. Sunrise went to international court and got the judgment.
The original contract is cheaper than the Buhari contract
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Buckeyemedia1: 6:16pm On Aug 04, 2021
Coronabirus:
Remember the foolish minister who led the agreement despite being a lawyer!
See who is calling someone foolish?
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by Nobody: 6:16pm On Aug 04, 2021
uptimum123:
You no nothing bro...I bet you don't know the origin of this $200m.

If not for Buhari,we would have been paying about $2b .. Our past governments has done us really bad
Please why was the contract terminated in the first place?
Re: Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm by frog12: 6:17pm On Aug 04, 2021
YOU TELL us how this SCAM started !

PassingShot:
You lack any understanding of the issue. So, just keep quiet.
1 2 3 4 Reply

I Mistakenly Signed Away Ogun Trade Zone To Dubious Chinese Firm - AmosunAgain, Court Summons Emefiele Over $53m Judgment DebtGovernment Buildings In Africa Are A Likely Vector For Chinese Spying234

Bashir Ahmad: If Ngozi Okonjo-Iweala Runs For President, I Will Support HerNumber Of Registered Members Of Leading Political Parties In NigeriaAwaiting Buhari’s Billionaires By Paul Onomuakpokpo- The Guardian