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Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsFalana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote (23518 Views)

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Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by olarent: 11:20am On Jan 04, 2025
I am a Yoruba man, obj deserve insult, he has every opportunity to make this country work when he took over from military in 1999 but choose corruption. Who opened the eye of the legislation to this monumental fraud that they called allowance?
IronCondemned:
Olatunji Olakanpko Olaniyi, when where you born?

All these Mama thank you that insults Obasanjo.
I still say it that Yorubas lack respect for elders, they only pretend.

How can you insult a man like Obasanjo because of a THING like Tinubu.

We don't insult Goodluck Jonathan in my region, he is golden.

Na wa for una tribe sha.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Guestmale: 11:24am On Jan 04, 2025
Yemimovich:
If you plant a seed, it would germinate and grow. That's what Obasanjo did, and the result is evident. So, to correct the anomalies, strict policies have to be put in place to turn things around, change people's mindset, adjust their lifestyle. Obasanjo made everything easy while stealing, so hat nobody will be aware. Instead of development, he chose to spread the money so that no one complained. Now, all covered atrocities have been revealed, would you prefer to remain there or fine tune it going forward? Imagine selling govt assets, and you're talking about stricter policies. Those policies have processes, and it will be fine eventually. NITEL and NEPA were sold under Obasanjo, and where's the way out today. He paved way for corruption. NITEL is gone, NEPA is dwindling all the time. Obasanjo sold 51% shares of both Port Harcourt and Kaduna adrift, then came out to claim that those refineries can never work, and you're comfortable with such? Obasanjo sold defunct Oshogbo Steel Rolling to Dangote, and still yet to function, and so on like that.
The truth of the matter is that all the companies you mentioned here were actually not producing or functioning properly at the time Obasanjo took over the power and this was caused by actions and inactions of both the workers,the managers of those companies and the government, Obasanjo tried to change the narrative by increasing the salaries of the workers of the old NEPA by 300% so as to encourage them to perform yet it's darkness and the only alternative left for a president who could not think of any other solution is to sell them but then he got the process of selling those companies wrong in terms of, condition of selling those companies (the law), the people saddled with burden of selling them and people or companies that bought them.

If those companies are working optimally it would have helped our country in no small way.That's why we have to encourage and support the present government in their bid to make our refineries work again.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by olarent: 11:26am On Jan 04, 2025
In the best interests?2days to end its tenure common please think, it's personal interest
professorPABX:
OBJ doesn't need to say anything because majority of Nigerians know he acted in the best interest of Nigerians as at that time. Those that made fortune from NNPC and staff Unions such as NUPENG, PENGASSAN will always defend their cash cow because once privatized no huge legal services money again to those Law Firms providing services to NNPC, no jumbo salary and allowances again. Then finally, About 90% of the staff would be sacked.

I am not a Lawyer but Late Professor Ben Nwabueze while Yaradua was on life support in Saudi Arabia had explicitly analyzed the Power of President and that of the Vice President in Presidential System of Government. He quoted portions of Nigeria Constitution that give the President overall powers and responsibilities over all the areas assigned to Vice President. Falana was alive when Professor Ben Nwabueze was interpreting those sections. Aondoakaa was the Minister of Justice.

Under Buhari, there are Constitutional assignments given to Vice President but was withdrawn from Osinbajo. The First thing Tinubu did on assumption of office is to return those duties to the Vice President Shettima. While those Constitutional duties were removed from Osinbajo a Senior Advocate of Nigeria what stops Falana from going to Court to challenge the powers of the President?

How can PENGASSAN says the shares of $750 million is worth $5billion? When NITEL value was over estimated and uninformed Nigerians and Lawyers providing legal services and making huge money from NITEL were making noises, I said they should allow NITEL Staff Unions and those Lawyers bring their preferred bidder(s). They don't want government to sell it , they cannot operate efficiently, they want government to continue to pump money while they collect salary and pay Lawyers huge legal services money.

You placed value on what is operating at loss and highly indebted. Those Refineries were even overvalued at $750 million for both Portharcourt and Kaduna Refineries as at that time.

NNPC and Tinubu will transfer the management to Private investors again.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Bobodee09: 11:33am On Jan 04, 2025
Villa12:
so because northerners didn't criticise Buhari then Yoruba should do same forgetting that Buhari government wasn't this hard compare to Tinubu government. Truly you're right with your view about other ethnic groups not criticising their leaders but don't forget Buhari regime wasn't this hard. We know how much we get things during Buhari government and the amount we're getting it now. Besides, if we chose to continue the way others are doing then obviously nothing good can come out in Tinubu government either.

Is it not fair and better every region should go their separate ways. It's obvious it's now a forced marriage. We're no longer united
It is simple and plain.....Criticism should be constructive.

Any criticism done out of hate and biases is a no for me.

You are free to play naive about the fact most of this people criticism is born out of my 2nd sentence.


This people are still criticizing and insulting the presidency for the refinery working.....is that not madness.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by olarent: 11:34am On Jan 04, 2025
[absolutely right. But this is my view they personally do that either to continue importing it to fetch them more money but since the new sheriff said no they make it work, president is the head of cabal quote author=themanderon post=133574235]


You raised the point which many of my fellow countrymen failed to raise. I have always thought about this. How come are the refineries suddenly coming to life after the price of petroleum products was astronomically raised? Does it mean they deliberately grounded it till they got what they wanted?
The Nigerian government is perpetually in a state of war against its citizens. The lies they tell and the robberies they commit against the people of Nigeria is unimaginable.
I am not at all carried away with all the noise about the refineries coming to life. It simply means some interests deliberately sabotaged them in the first place.[/quote]
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by hakeemhakeem(m): 11:34am On Jan 04, 2025
Ojuntana:
OBJ and Atiku were not in good terms then
Besides, NCP was more of an advisory body. The president still had the final say on privatisation
However, the$750m price tag was too low but it can be understood since the buyers are indigenous
The company are Fronter
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Guestmale: 11:36am On Jan 04, 2025
Basic123:
Because you were a baby when OBJ was in government or there was no social media to escalate situation of things

Check this headline and tell us how it's different from what is happening today

In the next 18yrs again.Most people will forget what we are passing through under BAT .The only difference is that there is more internet penetration now to preserve history
So Nigeria problem didn't start yesterday.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Villa12(m): 11:42am On Jan 04, 2025
Bobodee09:
It is simple and plain.....Criticism should be constructive.

Any criticism done out of hate and biases is a no for me.

You are free to play naive about the fact most of this people criticism is born out of my 2nd sentence.


This people are still criticizing and insulting the presidency for the refinery working.....is that not madness.
The working refinery is good but it has no impact on the masses. We're still buying fuel at almost 1k. Any policy that has no impact on the masses is absolutely nothing.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Upgrade88(m): 11:46am On Jan 04, 2025
Bosman17:
Send your aza…
Thanks so much Sir, I sincerely appreciate you. You're actually the "BOSSMAN" . God will continue to bless and enrich you in all you do. You've already taken a huge burden off me, a pain I'm being relieved of. Sometimes, I wish God can take away poverty from every human being such that everyone can at least get the basic needs of life through their jobs without much worries.
I have sent you a PM sir. Thanks.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Bobodee09: 11:47am On Jan 04, 2025
Villa12:
The working refinery is good but it has no impact on the masses. We're still buying fuel at almost 1k. Any policy that has no impact on the masses is absolutely nothing.
The my last response about this issue.

You don't plant and harvest the same day.

I hope you understand......shalom.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Ojuntana: 11:49am On Jan 04, 2025
hakeemhakeem:
The company are Fronter
For who?
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Olatara(f): 12:02pm On Jan 04, 2025
tunjijones:
Sharap. There have been hardship in Nigeria forever. It didn't just start now.

I remember during obj time, the complain about hunger and starvation was very high.
Idris sang Nigeria Jagajaga. Maybe he forgot.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Krankhead: 12:08pm On Jan 04, 2025
The same.obj that obinthe Gbajue and Obidient are hailing. No wonder Obj wants a puppet as president so rhat he can control him. Be knows he can try nonsense with Tinubu.
BAT is the only president in Nigeria that has no God father
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by thunder74(m): 12:09pm On Jan 04, 2025
Bobodee09:
So after spending 8yrs just to 2 days to leaving office that when he realized he needed to sell the refinery??

Some of you were babies when this man was president hence you don't know how corrupt this man was.
Sorry o Mr. Methusela, to update your perception software, I celebrated my 50th birthday last year September and casted my first vote for Abiola in 1993. Hope this help you to feel cool dear elder brother uncle Bobodee09.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Demurray: 12:15pm On Jan 04, 2025
Karlifate:
1:


2:


3:



Yet, our ears are filled with the "cabal this, cabal that" rhetorics.


Who are the cabals now huh


If not for the late blessed Yar'Adua, NUPENG & PENGASSAN, Obasanjo would've turn milking the refinery as retirement plan.

The corrupt dude was busy selling & sharing our National asset at cheap dirt price for his own future ROI.
Reputation don dey damage little by little , Afe Babalola first, now Obasanjo

For these allegations, be assured that baba Falz can provide the back up proof.

Interesting times ahead, waiting patiently for baba Iyabo to come out and defend these allegations, maybe he would harass the civil lawyer like Afe Babalola did to Dele Farotimi, which i doubt .

Patiently waiting.....
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Bobodee09: 12:16pm On Jan 04, 2025
thunder74:
Sorry o Mr. Methusela, to update your perception software, I celebrated my 50th birthday last year September and casted my first vote for Abiola in 1993. Hope this help you to feel cool dear elder brother uncle Bobodee09.
If you are 50 and you can be defending such gross corruption then is a big shame.

Once again which president will sell a national asset 2 days to end of his tenure?? Uncle thunder74
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by femi4: 12:20pm On Jan 04, 2025
SmartPolician:
If death hadn't snatched Yar'adua from this country, that man would've transformed this country. May his soul rest in perfect peace, amen. 🙏
Transformed indeed....someone that didn't give his vice the go ahead to be in charge when he was sick. They are all the same.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Villa12(m): 12:22pm On Jan 04, 2025
Bobodee09:
The my last response about this issue.

You don't plant and harvest the same day.

I hope you understand......shalom.
let's see how the remaining 2 years and 4 months will go then.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by SmartyPants(m): 12:27pm On Jan 04, 2025
JASONjnr:
Till tomorrow, the oil sector is the most corrupt and dubious and scandalous organisation that's making this country a fantastically corrupt country.

The best would've been privatisation of the refineries and having Atikubas the head of the NCP after Obasanjo must have realised the snake in him would've been a disaster.

The shares sold to Blusters was in the federal coffer so Falanas should not come here to defend a corrupt Atiku.
Falana did not defend or attack anyone. He just gave you facts and context. Use your head and reason like a living being!
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Basic123: 12:31pm On Jan 04, 2025
Villa12:
Tinubu hasn't achieved what obj has achieved in life. You're currently enjoying one of obj achievement. Mention Tinubu achievement as a president so far. Achievement that has positive impact on the common man on the street. If not untold hardship and insecurity. Tell me Tinubu achievement please
Which one of OBJ achievements that I am enjoying?? 😆

Phone??
..you be mumu I swear.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Vision101(m): 12:42pm On Jan 04, 2025
Villa12:
We can still pinpoint obj achievement that has positive impact on the masses. Achievement that even you and your likes are enjoying till date. Can you mention Tinubu achievements so far that has positive impact on ordinary man on the street??
You are comparing 8 years and less than 2 years. Is it logical?
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by bitbillionaire: 12:45pm On Jan 04, 2025
You have made a good point. But Obj not following due process in selling the refineries would still render the whole transaction illegal, null and void.

thunder74:
Since the refineries were not sold and the sales were canceled, are they better now?

Have they not spent tripple of that amount of state money on the so called turn around maintenance without a drop of fuel?

Even if OBJ sold them for 1k each and the refineries are managed well by private companies, I am not sure we will be where we are now.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Villa12(m): 1:00pm On Jan 04, 2025
Basic123:
Which one of OBJ achievements that I am enjoying?? 😆

Phone??
..you be mumu I swear.
Tell us emilokan achievement na..
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Villa12(m): 1:00pm On Jan 04, 2025
Vision101:
You are comparing 8 years and less than 2 years. Is it logical?
should we give Emilokan 20 years??
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Omoejigbahe(m): 1:42pm On Jan 04, 2025
Obasanjo na thief, why sell refinery 24hrs to the end of his 8 years civilian junta.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by damoobaba: 1:47pm On Jan 04, 2025
SmartPolician:
If death hadn't snatched Yar'adua from this country, that man would've transformed this country. May his soul rest in perfect peace, amen. 🙏
If, if and if. No wonder VDM said 80% of you are stuuuuuupiid. What did he turn Nigeria into withing the period he was President?
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Arogunmasa(m): 1:54pm On Jan 04, 2025
Karlifate:
1:


2:


3:



Yet, our ears are filled with the "cabal this, cabal that" rhetorics.


Who are the cabals now huh


If not for the late blessed Yar'Adua, NUPENG & PENGASSAN, Obasanjo would've turn milking the refinery as retirement plan.

The corrupt dude was busy selling & sharing our National asset at cheap dirt price for his own future ROI.
OBj should suè falana if what is attribute iis false. U have d freedom of speech but u dont have d right to defame others.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by topatee: 2:29pm On Jan 04, 2025
thunder74:
Since the refineries were not sold and the sales were canceled, are they better now?

Have they not spent tripple of that amount of state money on the so called turn around maintenance without a drop of fuel?

Even if OBJ sold them for 1k each and the refineries are managed well by private companies, I am not sure we will be where we are now.
Please tell all these kongi's let them hear it loud and clear. Na so dem shout when Adenuga wanted to acquire NITEL, what was the outcome of these noise makers who managed NITEL? colossal failure and wastage, it's on record that OBJ left 20 airplane for Nigerian Airways as a military HOS, when he returned as a civilian President there was no single one flying. Ask Okonji how OBJ repaid all our external debts and saved money for incoming government.
OBJ built farms, schools all in Nigeria managed by Nigerians. Go and google how much Atiku invested in Dubai
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Dminister(m): 2:41pm On Jan 04, 2025
Apcshyte:
That statement is ignorant
He only know what you know
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by EdiskyHarry: 3:05pm On Jan 04, 2025
The only and last president that nigeria got who came with a clear mind to make nigeria a better place.
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by Reggzy: 3:15pm On Jan 04, 2025
Bosman17:
Send your aza…
Boss.

bossman abeg may i drop?
Re: Falana: Why Yar’adua Cancelled Sale Of Port Harcourt Refinery To Dangote by sulaak(m): 3:22pm On Jan 04, 2025
SmartPolician:
If death hadn't snatched Yar'adua from this country, that man would've transformed this country. May his soul rest in perfect peace, amen. 🙏
Falana is a typical noise market with self-interest. Falana is already in court regarding the Sunrise vs Nigeria Mambila Dam arbitration, and it seems like his clients are presently losing the case following OBJ testimony. Falana was a presenter during the Fuel removal debate that spoke for the retention of Fuel subsidies in 2012.

Atiku was the chairman of the National Council on Privatization, Atiku solved off Ajaokuta, Delta Steel, to the Indians; he sold the ALSCON to the Russians and finally, Atiku sold the paper mills to companies that turned them into import-dependent agencies.

At least we know that Dangote is an astute business that has transformed three industries: Agric: tomatoes, Cement and PMS. Had Atiku been responsible for selling the refineries, they would have ended up where they are today- scrap.


His first term was mainly characterized by his role as Chairman of the National Economic Council and head of the National Council on Privatization, overseeing the sale of hundreds of loss-making and poorly managed public enterprises alongside Nasir El Rufai
https://www.thisdaylive.com/index.php/2024/03/03/breaking-the-stalemate-over-mambilla-power-project/
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