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Nairaland Forum / Nairaland / General / Politics / PIA: When 3% Is Greater Than 30% (18539 Views)
Tinubu: A Greater Than Abacha Is Here - Deji Adeyanju / Mele Kyari: 3% To Communities More Than 30% Share For Oil Exploration / Winifred Akpani: Only Less Than 30% Of Fuel Depots Are Operating (2) (3) (4)
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PIA: When 3% Is Greater Than 30% by GardenOfGod(m): 6:12am On Aug 29, 2021 |
PIA: WHEN 3% IS GREATER THAN 30% 5 Likes 1 Share
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Re: PIA: When 3% Is Greater Than 30% by Ademola47(m): 6:15am On Aug 29, 2021 |
Ok |
Re: PIA: When 3% Is Greater Than 30% by jollenbaba(m): 6:22am On Aug 29, 2021 |
Na them know |
Re: PIA: When 3% Is Greater Than 30% by paddyDIGITAL(m): 6:23am On Aug 29, 2021 |
Human needs are insatiable. No matter the formula you use in sharing resources, you cannot satisfy everybody. 17 Likes 6 Shares |
Re: PIA: When 3% Is Greater Than 30% by Seniorwriter(m): 6:29am On Aug 29, 2021 |
Fraudulent bill to rob some citizens of their resources in order to bless others in the north ....a case of robbing Peter to pay Paul....all shades of wrong policy bourne out of nepotism been practiced by this buhari led What is the need of expending huge budgets on exploration in a northern region that doesn't have history of crude oil mineral? Why wasn't this kind of exploration policy put to law for other regions when gold was found in a northern state? SMH. Nbotee:Very anyhow policy....fraudulent to say the least. RealLordZeus:Your own problem is lack of ability to comprehend!....next time read slowly to comprehend comments. My comment isn't based on what is shared or not shared....be guided. 1000angstroms: Trumann: Johnrake69:Apt comments from critical reasoning. WE NEED YOUNG VISIONARY LEADERS IN NIGERIA! @SENIORWRITER 25 Likes 2 Shares |
Re: PIA: When 3% Is Greater Than 30% by Nbotee(m): 6:31am On Aug 29, 2021 |
Imagine giving 30% of exploration costs to basin frontiers from money generated from host communities.. And who are those basin frontiers? Ur guess is as gud as mine 14 Likes |
Re: PIA: When 3% Is Greater Than 30% by Blakjewelry(m): 6:48am On Aug 29, 2021 |
Why not allow is applicable to the south be in the north? Why 3% here and 30% there are we not in the same country? 1 Like |
Re: PIA: When 3% Is Greater Than 30% by jumper524(m): 6:52am On Aug 29, 2021 |
So I finally took my time to read and research fully on this pub bill to know what the controversies is all about. Here's 2 thing causing controversy. Frontier Exploration Fund: 30 per cent of NNPC Limited profit× They are asking of 30% of the funds to NNPC limited profit which is about $15billion yearly to explore other basin where oil is being discovered. Chad, benue, Niger and zamfara basin. If you ask me, I'll say it's too much. Host communities to get 3% of NNPC profit for community develop development that's about $1.9 billion to be shared amongst communities annually.. That's small if you ask me. Now the real controversies is that the presidency is proposing 30% Frontier Exploration while the national assembly us proposing 10%. Seems like the president won on this. Also for host communities southern senators are proposing 5% while northern senators are proposing 3%. Innitially the bill suggested a 2.5%. 3 Likes |
Re: PIA: When 3% Is Greater Than 30% by Triangles1(m): 6:54am On Aug 29, 2021 |
COVID-19 HEARDSMENS BOKO HARAM BUBU This are Nigeria problem. 3 Likes |
Re: PIA: When 3% Is Greater Than 30% by GardenOfGod(m): 6:55am On Aug 29, 2021 |
The point is that the 3% is greater than the 30% Blakjewelry: 6 Likes |
Re: PIA: When 3% Is Greater Than 30% by Nobody: 6:55am On Aug 29, 2021 |
Crying over spilled milk.... - When it was being passed where were your reps, the other southern regions even revolted more than the SS?... - The 30% exploration and 3% pipeline host favours various regions according to the discretion of presidents on oil exploration, so regional support for the SS across board may be minimal honestly. 11 Likes 1 Share |
Re: PIA: When 3% Is Greater Than 30% by Omobada(m): 6:56am On Aug 29, 2021 |
It's unfortunate that many critics don't criticize based on the factual reasoning but emotional gragra. 11 Likes 2 Shares |
Re: PIA: When 3% Is Greater Than 30% by Ezedon(m): 6:57am On Aug 29, 2021 |
APC govt reasoning through their anus 1 Like |
Re: PIA: When 3% Is Greater Than 30% by kponkedenge(m): 6:58am On Aug 29, 2021 |
Don't blame the North.... If all the Southern House of Rep Members had voted no, the bill wouldn't have passed. Some decided to vote for it for whatever reason or reasons.... I heard they collected bribe to pass it, I don't know how true it is. 31 Likes |
Re: PIA: When 3% Is Greater Than 30% by Aderewah: 6:59am On Aug 29, 2021 |
Nigerians react emotionally without reading and clarifying 9 Likes 1 Share |
Re: PIA: When 3% Is Greater Than 30% by tempest01(m): 6:59am On Aug 29, 2021 |
b |
Re: PIA: When 3% Is Greater Than 30% by Johnrake69: 6:59am On Aug 29, 2021 |
Robbery. Why waste so much money searching for oil when you haven't been able to add value to the oil readily available to us at the moment. 14 Likes |
Re: PIA: When 3% Is Greater Than 30% by saddler: 7:02am On Aug 29, 2021 |
The more you look the less you see 1 Like |
Re: PIA: When 3% Is Greater Than 30% by Andyvilly: 7:05am On Aug 29, 2021 |
Just like send a child message with 5naira to buy something of 10naira then asked the child to bring 25naira change. With depleting oil revenue and low proceeds we are dragging how to share the profits. 5 Likes |
Re: PIA: When 3% Is Greater Than 30% by Nobody: 7:05am On Aug 29, 2021 |
If it's the North they would sign 40 to 50%....See I just Feel bad for those shortchanging the ND.. 3 Likes |
Re: PIA: When 3% Is Greater Than 30% by LibertyRep: 7:05am On Aug 29, 2021 |
They'll just be churning out figures to confuse everyone and obfuscate clear issues. If I may ask, who's sharing the proceed of sales of cows with the herders? Shouldn't they also pay the host communities including every communities they graze through? Who's Zamfara sharing the proceed of her gold with? 7 Likes 1 Share |
Re: PIA: When 3% Is Greater Than 30% by Bonjelomo: 7:06am On Aug 29, 2021 |
Shebi they want the madness to kwantinu ni |
Re: PIA: When 3% Is Greater Than 30% by englishmart(m): 7:06am On Aug 29, 2021 |
Northgeria again? Don't just disintegrate, pieces this country so that Nkerefi in Nkanu East, Enugu will be a country of its own 2 Likes |
Re: PIA: When 3% Is Greater Than 30% by uBuNiT: 7:06am On Aug 29, 2021 |
As a nigER delTA that I am, I prefer all these grammar to being with Igbos. Make aboki fvck me all they want. I hate Igbos 5 Likes |
Re: PIA: When 3% Is Greater Than 30% by RealLordZeus(m): 7:07am On Aug 29, 2021 |
To read is a problem to you guys Seniorwriter: Blakjewelry: What they mean in simpler terms is 3% of 30,000 Is greater than 30% of 300 Where they are calculating the percentage also matters. And coming from the punch, it sounds credible 5 Likes 1 Share |
Re: PIA: When 3% Is Greater Than 30% by Sirjamo: 7:07am On Aug 29, 2021 |
Majority of those against the PIA have not read a single section of the act. They should answer these questions first: 1. If the 30% of NNPC running cost is to be used at the frontier basins, how much is the NNPC running cost and what is 30% of it? 2. Host communities will get their 3% from the oil exploration companies running costs, how many Companies do we have their and what is 3% of their running cost. 3. Critics say the 30% was a ploy to develop the north: a. Are all the frontier basins in the north? b. Can searching for oil be described as "Development"? ( Potential development might be correct). c. If oil is discovered in the north, will the proceeds not increase the funds accrued to the federation account, to be shared by all states and FCT? 4 Likes |
Re: PIA: When 3% Is Greater Than 30% by Trumann: 7:09am On Aug 29, 2021 |
GardenOfGod: How much of Zamfara's gold is remitted to the federal coffers? |
Re: PIA: When 3% Is Greater Than 30% by Nobody: 7:09am On Aug 29, 2021 |
Why does the North need any kobo from oil? |
Re: PIA: When 3% Is Greater Than 30% by BeardedTraveler: 7:09am On Aug 29, 2021 |
Interesting read. Check my profile for phone deals. |
Re: PIA: When 3% Is Greater Than 30% by MondayOsunbor(m): 7:10am On Aug 29, 2021 |
who is talking about Nigeria again Nigeria is dead please let bury it as any other dead things some people still have hope in Nigeria amazing ! 3 Likes |
Re: PIA: When 3% Is Greater Than 30% by Tzar(m): 7:12am On Aug 29, 2021 |
The North has NEVER been the problem of the South. Infact, Southern founding fathers begged the North into this useless 'independent' contraption, when the North insisted they were not ready for independence in the 50s. Instead of going their way, they literally begged the North! Southerners are weak, greedy and stupid. Northerners know all they need to do is 'bribe' a few Southern politicians to get what they want. The Southern politicians know they only need to throw a few crumbs at a few Southern elders, youths and thugs to achieve the Northern agenda. Sadly, this has been the fomula for Northern dominance in Nigeria. It will not end anytime soon, unless Southerners unite and face their real enemy... THE SOUTHERN GREEDY BETRAYERS! HOW DO YOU EXPLAIN THE FACT THAT NIGER DELTAN LEGISLATORS AND EXECUTIVE MEMBERS SAT TO SEE THI ACT PASSED! No protest, lobbying, litigation, etc?!!! It is sad that the South is the South's problem! 18 Likes |
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