PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue (9262 Views)
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by MrSly(m): 10:01am On Feb 20 |
lionshare:PIA conflict with Constitution, let's agree, yes. But it does not take an executive order to amend a law. The executive order could be valid if it furthers the implementation nof a law in line with constitutionalb provisions. But here an executive order amended law. Lol, anyways this is nigeria so anything goes. This is an impeacheable offence. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by U09ce: 10:02am On Feb 20 |
IkeOnyia:Where is NNPC mentioned in our constitution? |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by DenisNG24: 10:30am On Feb 20 |
These PENGASSAN officials are rogue. Do they think that Nigerians are daft? Except you are an Obidient who sees any opposition to the President's position as a fair game point of attack, any rational Nigerian would see that the PIA is a treasonous Act that conferred unfair advantage on the NNPC to decide it's revenue without recourse to the Federation's welfare. The PIA gave the NNPC untenable power to deduct 30% of its revenue as operation costs plus other deductions, while peanuts are now being remitted to the government. The PIA is a corruption driven illegal Act that was committed during Buhari who couldn't distinguish his right arm from that of the left and got bamboozled into signing the Act into law. Asiwaju Bola Ahmed Tinubu, by the Executive Order, nullifying this heist on the nation has once again proved astute leadership and may God bless him. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by MrSly(m): 10:32am On Feb 20 |
Jonjam269:I have no time for the senseless. I have been engaging a reasonable guy who argued sensibly. As for you who made no point I have nothing to tell you. Wallow in your ignorance. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Burob: 11:10am On Feb 20 |
IkeOnyia:Correct guy, it shall be null & void ab initio. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Burob: 11:12am On Feb 20 |
MrSly:Very very dull, no even one person gave u a like to agree with this dull statement. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Burob: 11:18am On Feb 20 |
Gotocourt:Go to court. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by xxxx999jon: 11:36am On Feb 20 |
anonimi:you must be a genz to think PDP years was years of prosperity... Sorry poor you... You never had the chance to have a taste of prosperous Nigeria. Not your fault tho. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Akpakomiza2: 11:42am On Feb 20 |
MrSly:Since the PIA conflicts with the constitution, it is null and void. Since the EO is in line with the constitution, it is valid |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by anonimi: 11:54am On Feb 20 |
xxxx999jon:Is Tinubu’s finance minister also a genZ? Do you know what comparatives are ![]() thisweekng: |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by xxxx999jon: 11:58am On Feb 20 |
anonimi:look stable is not the same as stable and those figures back then were nothing but lies.. If those figures were true.. We won't be where we were today... If PDP did well they won't have lost election.. It's that's simply. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by ViceGovernor: 12:10pm On Feb 20 |
A baby is never happy when you take his feeding bottle 🍼 from him. These rogues that tried to turn the Nigerian populace against dangote who was trying to help. Someone once said the Nigerian petroleum industry is like a dark 🌑 tunnel and the more you shine torchlight 🔦 on it the darker it becomes.....no lies detected with that statement. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by commoditiesnig(m): 12:40pm On Feb 20 |
faoogoke:Absolutely spot on |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Bluntemperor: 12:42pm On Feb 20 |
You Can Only See All these Pengassan,NLC, and Others WHEN THEIR POCKETS AND INTEREST IS THREATENED,BUT WHY question ⁉️ Just 2- Days Ago,the President Signed An Executive Order - saying the Amount 30% Being Paid an NNPC - and its Subsidiaries - who have Failed WOEFULLY-to get REFINERIES Working Do Not Need Such Money 🤑💰? So Why Is PENGASSAN Saying and Do They Want The Money In The NNPC that Not Performing? Why Are We Like this in Nigeria? When Last Did Pengassan Went on Strikes because the NNPC COULD NOT FUNCTION BUT ARE COLLECTING MONEY FOR REPAIRS - THAT IS UP TO Multi BILLIONS? Most Of These So Called Union Leaders - Are Part Of Nigeria Problems 🎃. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Babanah: 12:43pm On Feb 20 |
My take is the clause was inserted in the PIA to placate the powers that be. Those above the River Niger. The 30% retention was to be used for the oil exploration in the Frontier Basins mostly in the North. But the point is if there are viable reserves in these basins IOCs would have been scrambling to acquire them. Why retain 30% belonging to the Federation for the purposes of exploration in potential fields that IOCs have ignored or unwilling to explore. Eventually this accumulated funds might turn into slush funds for the NNPC. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Image123(m): 12:58pm On Feb 20*. Modified: 3:01pm On Feb 20 |
Kukutente23:Executive orders can be challenged in court If an order exceeds legal authority, courts can strike it down. It can be reversed. The president can revoke or amend them. It doesn't need legislative vote, but it's easy to challenge in court and change compared to law. The PIA is obviously having issues regarding funding through NNPC. Mr President is open to the court challenge, which is the proper thing to do, not threats from union and opposition.
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| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by FreeStuffsNG: 1:03pm On Feb 20 |
OYEDIPE:It was the monummental recklessness of wasted funds on the moribund NNPC refineries that convined the President to invoke the constitutional provision that mandates NNPC to remit its funds to federation account for appropriate oversight. NNPC was running a government of itself within the FGN. CBN used to be like that before late President Buhari stopped it and today, the CBN submits its budget to the National Assembly. TUC's argument is baseless because NNPC still has access to the funds but no longer direct access to funds outside funds required for operations. That NNPC had been poorly managed indicts TUC directly and they lack moral authority to oppose this legitimate EO. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by anonimi: 1:12pm On Feb 20 |
xxxx999jon:Why are you engaging in hair splitting when the data shows that PDP’s 16 years was better by far than APC’s extreme poverty shege of the last 11 years? Losing election is not only about being better administrator than the opponent.
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| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by harmonyglobal: 2:03pm On Feb 20 |
They still want the corruption in the NNPC to continue. U have met your match Corruption must be reduced |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Timmi: 2:15pm On Feb 20 |
The President has a right to issue an executive order setting aside portions of the PIA for the good of the citizens. Having these funds paid directly to the government coffers is the right and transparent thing to do. Let the NNPC concentrate on its mandate - which is opurely regulatory and not revenue collection agency. saintopus: |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by xxxx999jon: 2:49pm On Feb 20 |
anonimi:i don't duel on data's that are actually stupid to start with... If you don't know where we were coming from and you comparing PDP time with APC time I don't think you can hold my cup... No Nigerian government regime from 1960 has the successor time better than the predecessor.. None only half wits says PDP time was better than APC time.. Just half wits when all nigerians politicians are the same, was Obasanjo PDP time better than Babangida military rule? With price if foods and services? Answer is no, my point is this my dear if our leaders have ruled well since 1960 we might not even have the cause to have APC government.. Have you heard Chinese people calling for another party to replace the ruling party CCP lately? NO. Therefore it's erroneous saying PDP time was good or better than APC time both were horrible, let's eve thank God for the first time in Nigerian history price went up and came down on foodstuffs and fuel respectfully. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by MrSly(m): 3:50pm On Feb 20*. Modified: 4:30pm On Feb 20 |
Akpakomiza2:It is not true. It is enclshrined in the Constitution. Sayingnitnis null and void men's the Constitution itself is null and void, your freedom is null and void the resident is null and void because all these are backed by the same constitution which backs PIA. It takes only the legislature with the signature of the president to amend such law. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by bjdon: 4:47pm On Feb 20 |
If the oil union is against any govt policy, then you know 100% that policy is a GOOD policy. It was the same oil unions that fought tooth and nail to reverse of the sale of Kaduna and PH refineries, simply because they are part of the those gaining from never ending 'turnaround repairs' Jagaban should totally ignore them |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Kukutente23: 6:08pm On Feb 20 |
Image123:I don't see the point you're making Acts of the national assembly can also be challenged in court. The fact is that an executive order cannot override or amend an act of the national assembly. That's an aberration. Where an executive order conflicts with a law passed by the national assembly, that executive order is illegal to the extent of the conflict. That said, it was an APC led executive and NASS that passed that PIA and y'all couldn't stop capping about how PDP couldn't do it in 16 years. It's same PIA that's being trashed now and y'all are still rejoicing. Like someone said on another thread, you guys are not supporting this govt based on conviction or principles but simply anywhere belle face. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Image123(m): 7:37pm On Feb 20 |
Kukutente23:You can't see the point since your daily bread seems to depend on being in opposition. Try and use your conscience though instead of this deliberate ignorance and misinformation. Section 162(1) of our constitution states: The Federation shall maintain a special account called “The Federation Account” into which shall be paid all revenues collected by the Government of the Federation... This means: Oil revenues belong to the Federation They must go into the Federation Account Revenue is then shared among federal, state, and local governments. This is perfectly in line with the president's executive order and shows he's obeying the law. The PIA has some loophole or contradiction to the same constitution. The NNPC Limited (now a limited liability company under the PIA) retains certain funds under the Petroleum Industry Act. The President quickly blocking the loophole through an executive order until the NASS will amend the PIA over months is simple intelligence and perhaps commonsense. 30 % management fee retained by the NNPC and 30 % Frontier Exploration Fund and other funds being brought directly to the Federation (FG, State government and LGAs) makes more sense. Like i earlier said, if for some reason you prefer the other option, go to court or NA. They are the ones that can challenge or align. Making protests and strikes over everything is foolish and obviously not working. Do something that works, better still something patriotic. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Kukutente23: 8:35pm On Feb 20 |
Image123:You guys suddenly remember the constitution. Are you and the courts aware of the same 162(5) that goes thus The amount standing to the credit of Local Government Councils in the Federation Account shall also beAbi no be just two years ago all of you were dancing about LG autonomy. Be careful what you support. Another president can come and say the judgement of the SC was against this part of the constitution, issue an EO and poof your audio LG autonomy is gone with the wind Besides, have your asked yourself how the NELFUND you guys are hailing is being funded? It is by taking 1% of the funds generated by NRS. So if you have suddenly developed the nerve for a crusade to keeping to the tenets of the constitution, NRS need to stop the illegal act of remitting 1% of its income to NELFUND Are you also aware that the same NRS that was formed by the tax reforms is allowed to keep 4% of its income for operational purposes. The problem with you hailers is crass ignorance You don't apply yourself to knowledge you just want to hail and defend anything done by your gods The NASS has powers over the Federation Account. It's there in same s162 of the constitution. So claiming that a prescription by same NASS on funding is illegal renders all the above and other fundings approved by NASS illegal. Again, same NASS that changed the national anthem in 2 days can certainly find the space in a day to amend PIA if not that the president knows it won't work because those with knowledge know how the frontier exploration funding came to be. The unpatriotic ones are those who instead of understanding issues always look to shut down any opposing voices |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Towma(f): 5:36am On Feb 21 |
So people really believe that Tinubu is passing this EO to reduce corruption? Somebody that is planning to loot as much as possible from the now redirected NNPC profits in order to fund his 2027 election. You people make me laugh. Watch and see, the NNPC money being paid into Federal Government account will still not reflect in anyway on Nigerian economy. No be city boy the drug smuggler again? Make una dey watch na. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Kukutente23: 5:35am On Feb 23 |
lionshare:Stop writing ignorantly An EO cannot amend an act of parliament Who signed the act? It was the same president!! The right thing is an amendment to the act or the act be taken to court for the court to quash it Besides, if you say the constitution requires all revenues to be paid to Federation Account, it means even the NELFUND act is illegal since it allows 1% of NRS revenue to be remitted to NELFUND instead of the Federation Account |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by lionshare: 6:31am On Feb 23 |
Kukutente23:I’m not ignorant of the funding source of Nelfund, which I personally think will be a subject of debate in the near future especially when the expenses balloon to fuel subsidies level. But in the meantime, we can argue that the deduction is being spent by the federation (students from across the country) and not an agent of FG. |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by Kukutente23: 7:10am On Feb 23 |
lionshare:What a load of hogwash The deductions from NNPC is being spent on exploration across the country Their staff are from across the country I'm surprised to hear that Nelfund is not an agent of the FG You Sir, are not making sense |
| Re: PENGASSAN Asks Tinubu To Rescind Executive Order On Oil Revenue by lionshare: 2:28pm On Feb 23 |
Kukutente23:This is exactly what separates progressives from people like you. We are willing to adjust and improve the law in ways that benefit more Nigerians, rather than hide behind “strict adherence” to the law when it only serves a privileged few. We both know that not all Supreme Court judgments or laws are fully implemented for various reasons. The law exists to serve the people — not the other way around. You’re free to make your subtle insults if you wish, but as long as the outcome puts more money in the pockets of ordinary Nigerians than the current system — which continues to pour millions of USD into a fairy oil exploration project at the expense of the Nigerian people. “the federation” includes (FG), (SG), and (LG). |
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