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PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC - Politics (12) - Nairaland

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Avengers Threaten Secession As Militants Bomb NPDC Facilities / Garba Shehu Bought $800,000 From CBN And Resold It At A Profit - PDP / HRH Sanusi Speaks Again On The Missing $20b And The PWC Report. (2) (3) (4)

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Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:12am On Apr 28, 2015
philips70:


I do not support separation but true federalism. If we separate the war among the various tribes in the Niger Delta will be too difficult to contain. Trust me when that time comes the hidden animosity among the tribes will come out in the open. Or do you totally trust the romance across the east and the south now? The implosion will be of massive scale. First, we need good governance and gradually true and real federalism. You will be shocked all these monies reporting missing was guided into the pockets of non Niger Deltans with the approval of our SON and DAUGHTER with their share stashed far away. Nothing whatsoever was done by GEJ for the ND, yet lots of buffoons wants to kill everyone for them. We as Niger Deltans are supposed to lock both of them up after May 29th.
youre quite correct...I stick to federalism.

2 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by PassingShot(m): 7:13am On Apr 28, 2015
izzieman:



Four years ago, Buhari publicly shed tears for this country. Looking through this report and how they brazenly try to cover up various things, I can understand why a grown man would cry for Nigeria.

May the souls of every Nigerian who has died of this man-made suffering as well as the God of all suffering and living Nigerians make life unbearable for all these evil perpetrators and their lineage.

A big amen to this prayer.

2 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by idu1(m): 7:13am On Apr 28, 2015
IzonOwei:
I am not supporting GEJ for stealing...I am only espousing his courage for giving all nigerians freedom to information...and may I ask you.., are you not corrupt?...
You are talking like labaran maku that say we should thank jonathan for bringing facebook to nigeria. Smh for you...

5 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:13am On Apr 28, 2015
No Wonder PEJ Campaign was all about prison prison prison..
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by ascek(m): 7:14am On Apr 28, 2015
This is New Nigeria. I am loving this. Freedom is gradually prevailing. Never again will our wealth be looted again. But to believe that we will get justice in this matter may be a mirage. My consolation remains that I am in the know now.
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:16am On Apr 28, 2015
olalat:


Oga, do yourself honour by keeping off this thread if you don't want me to call the wrat of all the devil agents in all corners of the world on you. You a pathetic fool for trying to give justifications to the act of this evil man lyou call your heroes. House of rep, have been demanding for this report since last year, your calm gej refused to release it, isn't it? The report has been submitted to the him since November last year, he did not dim it necessary to release it, do I lie? I will course you if you refuse to stay away from this discussion like other fellowd of yours. I wish u well till you act otherwise.
which house of rep if I may ask...the same rep members who have benefited from what ever spoils that have proceeded from stolen funds..?...shun those hypocrites called rep members...my point is did we ever think that someday we would push for reports and get results?...answer me

1 Like

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:16am On Apr 28, 2015
NovusHomo:


Feudalism ke, in 2015! Or did you mean FEDERALISM?
my keypad prediction wan finsh me.... grin
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Mynd44: 7:17am On Apr 28, 2015
luvmijeje:



So there was no subsidy anywhere....... This people have totally finish this country.
There is no justifiable reason why Kerosene should be sold for anything higher than N60. Yet it is between 120-140

1 Like

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Emperor007: 7:19am On Apr 28, 2015
There must be a new ( another ) NNPC audit by a different firm ( not PWC this time )





.
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:24am On Apr 28, 2015
Williamso:
I can't type much, but I'll try to dissect your points.


We agree on this


No it won't! I can give you so mant examples, but I'll give just a few; the Warri crises comes to mind as well as the dispute over the EPZ. The only kind of separation that will be favourable is for each tribe to have its own republic; which is near impossible. We keep complaining that too many ethnicities were fused together to form Nigeria, but we forget that the Niger Delta alone has much more than 50. Imagine what will happen when the Ijaws, the Itsekiris, the Okrikas, the Ogonis, the Kalabaris, the Ikwerres etc have the oil, but the Ibos have the population? The same marginalization card will be played by the minority groups, which will further begin the cycle.


Separation is not the answer to this, but what I will treat next is the answer.


The PIB, if implemented to the letter, in a corrupt free environment is the solution to the ND problem. This will handle the jobs for indigenes, local content, etc. I first heard of the PIB during Yar'adua, and when GEJ came on board, I was really excited that the bill will be passed. While the president has no power over the National Assembly, being a president involves knowing how to cajole your legislature into passing a bill you want. Five years down the line, we haven't heard jack about it. Because somebody will rather offend the common Niger Deltan than offend some powerful people. Very depressing I tell you. That notwithstanding, I'm still an advocate of true federalism, not secessation.
if I am not mistaken the house must have been cajoled to sign that bill...but the niger delta interest is not and will never be the business of the other regions...who wants us to benefit from proceeds from oil and gas?...you think its that hausa man or the yoruba man?..who do you think wants the niger delta youth to be mainly employed by the companies that engage in exploration and production of oil right in there villages and creeks?...secession or true federalism are ok to me....sometimes we under estimate the fact that we can be independent....
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by claycares: 7:26am On Apr 28, 2015
mrmetoo1:
Diezani made this sound like it was a conclusive report. This is far from conclusive, they raised a lot of questions. A lot of info still being withheld. The wastage/losses though is mind boggling. Then the shell divestment deal between NNPC & NPDC too was quite revealing. Selling an asset worth $3.4bn for $1.85bn, who does that? Anyway still reading, is quite revealing and oddly entertaining.
Please which of the asset is worrth $3.4b?
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by olalat(m): 7:27am On Apr 28, 2015
IzonOwei:
which house of rep if I may ask...the same rep members who have benefited from what ever spoils that have proceeded from stolen funds..?...shun those hypocrites called rep members...my point is did we ever think that someday we would push for reports and get results?...answer me

The full report wouldn't have been released, if not for the emergence of Buhari and his subsequent declaration that he would revisit the allegation made by sanusi. Answer my question, when was the report submitted to the federal government under Jonathan? November last year. Why just releasing it now.

Just pretend to be patriotic for once bro. This is national calamity.
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Mynd44: 7:27am On Apr 28, 2015
On page 102, there is a charge of N0.24 on each litre of DPK going into the private pockets of someone or some people.
cheesy
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by okeamuboy: 7:27am On Apr 28, 2015
obailala:
Emir Sanusi Lamido Sanusi would be drinking Orijin and dancing azonto by now for his vindication... cheesy grin

grin Origin ke. The guy na afaa o, just give him pure water.
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by dekins: 7:30am On Apr 28, 2015
This is pure wickedness. It shall never be well with any one that is directly and indirectly involved in looting my dear country

1 Like

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:30am On Apr 28, 2015
Jorussia:
d issue is not being together or not,its about us demanding accountability from our leaders.Separating will definitely not be d best option for us as Niger deltans,because when d militant leaders start fighting themselves for supremacy, we d common people may end up as refugees in d same Nigeria we say we don't like,as its the present scenario in SOUTH SUDAN.We have so many tribes/ ethnic groups in who don't share d same ideology. The BINI KINGDOM will Nv agree to play second to Ijaw,urhobo isoko and others who were one time the other under them.
for me I think the smaller splinter groups we push for the better we can unanimously handle the problems of nigeria..how do you start to hold accountable leaders in nigeria?....we are just too many and polarized...

You might think the niger delta is as polarized as the way nigeria is, but know that we have common grounds and its a good platform on which we can stand and solve problems...we have similar cultures, have similar languages,have similar religion and share resources...we can better deal with ourselves when we are small...the results of south sudan must not be the case fr nigeria...we are more educated and enlightened.
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by mrmetoo1: 7:31am On Apr 28, 2015
claycares:
Please which of the asset is worrth $3.4b?

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by claycares: 7:31am On Apr 28, 2015
From the first draft to the last draft, the PIB has about five versions now. Which of the versions are you referring to and what do you think was the reason why the majority of the legislative houses have been amending it and refuse to pass it into law?
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Williamso(m): 7:32am On Apr 28, 2015
IzonOwei:
if I am not mistaken the house must have been cajoled to sign that bill...but the niger delta interest is not and will never be the business of the other regions...who wants us to benefit from proceeds from oil and gas?...you think its that hausa man or the yoruba man?..who do you think wants the niger delta youth to be mainly employed by the companies that engage in exploration and production of oil right in there villages and creeks?...secession or true federalism are ok to me....sometimes we under estimate the fact that we can be independent....
You have no idea the high level of racketeering that goes on within our ND for this O&G jobs. And the painful thing is that these schemes are run by our ND leaders (I don't mean political leaders), sorry but I won't mention names. I don't underestimate that, but I think you overestimate the merits of secession, without carefully and objectively weighing the demerits. Research more on secession. Why would a developed country (Scotland) in a free and fair referendum, choose to be part of UK? Go figure.

True federalism is the way, definitely not secession.

1 Like

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:32am On Apr 28, 2015
idu1:
You are talking like labaran maku that say we should thank jonathan for bringing facebook to nigeria. Smh for you...
but I am right na...during objs tenure who ever had the right to ask for a forensic report of nnpc dealings??...who??
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by sweetgala(m): 7:34am On Apr 28, 2015
IzonOwei:
but you are seeing a report na...abi?...who ever provided you with a report or felt the need to provide the populace with reports during the obj tenure or during the military regime...who born us well to ask for nnpc reports when obj was the minister of petroleum...Gej was ever ready to submit that report..

GEJ had no choice, this report is out there for the same reason you are praising him now. To deflect some heat and face the inevitable, this report would have been shown to Buhari by now or sometime this week as per the hand over.

By the time he comes in May 29 the heat would have died down on it, that is the agenda. GEJ is wicked , can you believe he concocted a plan with NNPC, sacked Sanusi , and tricked the national assembly to make the PWC report look valid and claimed nothing was missing.

The thunder whey go fire some people come June 1 is doing push up in daura. I can see EFCC swinging into action and confiscating many passports baring certain people from leaving the country.

2 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by uboma(m): 7:34am On Apr 28, 2015
disloman:
N how did they arrived at d $1.48b missing if they didn't release their account book?Hmmmmmm.we r on a long thing.


Good question.

And why did it take PWC this long to open up? This will greatly dent their credibility.

#saynotocorruption

2 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Williamso(m): 7:35am On Apr 28, 2015
IzonOwei:
for me I think the smaller splinter groups we push for the better we can unanimously handle the problems of nigeria..how do you start to hold accountable leaders in nigeria?....we are just too many and polarized...

You might think the niger delta is as polarized as the way nigeria is, but know that we have common grounds and its a good platform on which we can stand and solve problems... we have similar cultures, have similar languages,have similar religion and share resources...we can better deal with ourselves when we are small... the results of south sudan must not be the case fr nigeria...we are more educated and enlightened.
You just don't get it, do you? but that's OK. We're all entitled to our opinions.

1 Like

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:36am On Apr 28, 2015
olalat:


The full report wouldn't have been released, if not for the emergence of Buhari and his subsequent declaration that he would revisit the allegation made by sanusi. Answer my question, when was the report submitted to the federal government under Jonathan? November last year. Why just releasing it now.

Just pretend to be patriotic for once bro. This is national calamity.
now that is your own guess..who ever told you the reports would not have been released if GEJ won the elections??...please show me the thoughts of GEJ to prove this...this results were released anyway because as we can clearly see npdc and the cbn have not filed out there own reports...so you expected GEJ to submit an incomplete report to the reps house as at november last year??...answer me....


He would have eventually promulgated the report even if he won the elections..
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by dustydee: 7:38am On Apr 28, 2015
And this report is the second version. The original report was submitted in November but due to the contents (not being favourable to the government), the NNPC had to go and look for more "information" which the provided to PwC in January this year. In effect, the government called PwC back to update the report with the "new" information.
No wonder they refused to make it public before the elections.

2 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by sweetguy26: 7:39am On Apr 28, 2015
I don't understand why some people are calling for GEJs head on this thread? What did he do wrong?
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:39am On Apr 28, 2015
I may agree with u on dis one..the kinda powerful personalities involved.... I don dey fear for gmb's life #sniperThings

Tinubu sef will be shocked @ d level of lootin
SirShymexx:


I just read the first 10 pages and I've been laughing hysterically since then. So funny that I had to stop reading it.

These folks stole more than $20 billion.

Anyway, I don't think Buhari should've alerted them about the probe till he gets sworn in as the president. A month is a long time, and $20 billion can do a lot of damage before then. I just hope nothing happens in the country before then. grin

PwC just soiled its name with this nonsense.

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:42am On Apr 28, 2015
Williamso:

You have no idea the high level of racketeering that goes on within our ND for this O&G jobs. And the painful thing is that these schemes are run by our ND leaders (I don't mean political leaders), sorry but I won't mention names. I don't underestimate that, but I think you overestimate the merits of secession, without carefully and objectively weighing the demerits. Research more on secession. Why would a developed country (Scotland) in a free and fair referendum, choose to be part of UK? Go figure.

True federalism is the way, definitely not secession.
p]lease explain further with the racketeering of oil and gas jobs within out ND for oil and gas jobs...the last time I checked we were less employed nd marginalized as regards these jobs...


Because scotland chose to remain with uk so should we remain with nigeria ?....

Secession, federalism ok to me....let us for once ,every niger deltan enjoy whats beneath his lands...
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by ttmacoy: 7:43am On Apr 28, 2015
Accolade really?

Didn't he order the release of the report after buhari announced he would probe the missing money and release the report?

He deserves no such accolades because even after the report was issued he refused to publish and played along like it was only just over $1bn that was missing.

He would deserve accolades if the report was released before the election rather than trying to hide the truth to try to win re election.

IzonOwei:
But I think this is where we need to give GEJ some accolades for giving everyone in 9ja the access to information as to the happenings in all sectors in the country....the FOI is what is at work here...when in the history of nigeria has its citizens asked for information as delicate as this and results were provided except in the GEJ administration..I think GEj even in his slowness and calmness tried so hard to set a precedent for succeeding preseidents....from now on we can confidently ask for reports and expect feed back.....

Meanwhile abeg who ever thief money for that nnpc make them sack and jail am... angry
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Atk1nson(m): 7:44am On Apr 28, 2015
obailala:
[size=15pt]For a moment, just pause and imagine what would have become of Nigeria if GEJ had won the election..[/size] lipsrsealed lipsrsealed undecided undecided
God forbid bad thing!!

4 Likes

Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by Nobody: 7:47am On Apr 28, 2015
ttmacoy:
Accolade really?

Didn't he order the release of the report after buhari announced he would probe the missing money and release the report?

He deserves no such accolades because even after the report was issued he refused to publish and played along like it was only just over $1bn that was missing.

He would deserve accolades if the report was released before the election rather than trying to hide the truth to try to win re election.

he should have released an inconclusive and incomplete result before the elections?....
Re: PWC Report Latest:CBN And NPDC Refused To Open Their Financial Statement To PWC by claycares: 7:47am On Apr 28, 2015
mrmetoo1:


Thanks for the quote. Well, PwC are not experts in valuation of oil and gas assets and the valuation is usually and largely based on the hgdrocarbon reserves in the asset be it gas or oil. From my few days in the industry, it iwill be very unprofessional for PwC to just quote a value without stating the capability of the assets like the daily production (number of barrels/day), the reserves (xxm mb/d and the mscf of gas ) avaialable, the number of wells on each field and their capacity, etc. Pls note that I'm not saying there's or no fraud in the transactions.

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