Demdem:



Shattapppp......like NLNG is FG MDA right? Oponu.

naijapips02:


All the same, there's an account in CRF with description as NLNG, that Shell deposit into.

The proceeds in that account that was saved up during GEJ's tenure is what your principal shared in his first few days in office.

Shut up and listen again, let me tutor u. I delight in such.

Nlng as an "independent" company gives NNPC (FG) her share of her profit and it's expected that NNPC should deposit such into Federation account. NLNG has no direct business with Federation account. Get that to ur sack that u call brain.

Secondly, there is nothing like savings in the Federation account. Only ignoramus who do not know what this account is talk this way. Incomes of govt monthly are paid into this account which also is shared monthly btw the FG and states and LG as stipulated by the constitution. There is no way, some savings will still remain in the account for years without it being shared then and there. It's a monthly exercise.
So Eediota, no Nlng funds were saved in Federation account.

billante:


NLNG is part of fg investments....the argument here is did buhari use FG profit share of the investment which GEJ didn't touch most of his tenure to bail out states or not?

Demdem:


Shut up and listen again, let me tutor u. I delight in such.

Nlng as an "independent" company gives NNPC (FG) her share of her profit and it's expected that NNPC should deposit such into Federation account. NLNG has no direct business with Federation account. Get that to ur sack that u call brain.

Secondly, there is nothing like savings in the Federation account. Only ignoramus who do not know what this account is talk this way. Incomes of govt monthly are paid into this account which also is shared monthly btw the FG and states and LG as stipulated by the constitution. There is no way, some savings will still remain in the account for years without it being shared then and there. It's a monthly exercise.
So Eediota, no Nlng funds were saved in Federation account.

progress69:


Lol. U nor see say i free the mumu. He say GEJ saved proceeds from sale of NLNG .
Na to run from this kian people. Abeg leave en thread..e dey happy say e he be like he dey argue sensibly.

Demdem:


GEJ didn't touch it because as at when he was in power the profit share wasn't yet ready. This is no brainer. We should thank our stars that it wasn't ready if not Jonah-daft and the maduekes would Av siphoned it.

billante:


Listen to yourself.....the money was piling up since 2014 after the 10yrs tax holidays that was given to NLNG.....and please it wasn't payed into federation account until buhari came in demanded and shared the money

FG Has Borrowed A Total Of N2.57 Trillion Under President Jonathan

Under President Goodluck Jonathan, the Federal Government has borrowed a total of N2.57tn. Thus, the Federal Government’s debt profile rose from N4.18tn as of June 30, 2010 to N6.75tn as of June 30, 2012.

https://www.naija.ng/16198.html

deomelo:



Jona started borrowing on his first day in office/2010 and in less than 2 years, he borrowed over [b]N2.57tn by 2012 and he borrowed till his last day in office.

He borrowed to pay workers salary until May 2015.


[/b]

Demdem:


Eediota u insinuated such. Readers of ur posts aren't daft u know. Again Eediota the bolded above is wrong. NLNG is run privately. I have explained this earlier.

Demdem:


The fool was borrowing even when oil was sold at record high yet ipobians and nonentities are complaining that Buhari is borrowing when oil was sold at low prices.

Demdem:


Thank you for reemphasising my case. By the way, I can see u are mixing both tax and profit together. All well and good. Bottom line is it has nothing to do with Jonah-daft wanting to save what is not yet due to be paid. Only criminal landlord demands for payment when rent isn't due. Jonah-daft didn't save nada.
When the holiday expired, it had to be paid. It has nothing to do with Buhari. He was only privileged to be President when payment was due and not Jonah-daft. Responsible companies like NLNG is expected to pay her tax as at when due.
This was paid into Federation account via FIRS and automatically had to to shared to everyone.

deomelo:



Jona started borrowing on his first day in office/2010 and in less than 2 years, he borrowed over N2.57tn by 2012 and he borrowed till his last day in office.

He borrowed to pay workers salary until May 2015.

naijapips02:


Eediota , FGN owes 60% of NLNG.

http://www.nigerialng.com/Our-Company/Pages/NLNG-and-the-Nigerian-Economy.aspx

That's by the way through. Did NLNG/NNPC or whatever remit the said amount made during GEJ's tenure into the Federation account to be shared by Buhari, yes or no?

deomelo:




These ignorant and unintelligent village Igbos are nothing but liars, hate mongering, sad and pathetic anti-Nigerian elements.

Igbos are born retardss for real..

Demdem:


Eediota, u lack sense. Fg do not own 60% of Nlng, Nigeria LNG Limited is jointly owned in the following proportions: Nigerian National Petroleum Corporation (NNPC) owns 49%, Shell Gas B.V. owns 25.6%, Total LNG Nigeria Ltd owns 15% and Eni International owns 10.4%.

Secondly, whatever money that enters the Federation account are meant to be shared immediately. There is nothing like savings in Federation account.

billante:


Pls don't twist facts to soothe yourself ....from What I wrote FG share of profits was ready from 2014....GEJ administration just didn't demand for it.....in other words to say they saved it can be excused.

billante:


Listen to yourself.....the money was piling up since 2014 after the 10yrs tax holidays that was given to NLNG.....and please it wasn't payed into federation account until buhari came in demanded and shared the money

billante:


And buhari started borrowing from the last year of his tenure right?

naijapips02:


See how foolish you sound. Check the lnlg link I sent you to confirm their ownership structure.

Yes u posted a link. However u lack sense to decipher what u posted. Nothing in there suggests ur claim of fg 60% ownership Dafto.

Did NLNG remit monies made during GEJ's tenure Into the Federation account to be share by Buhari, yes or No?

Oponu, u are not in a position to determine how I respond to eediotic questions. Again, Nlng has no business with Federation account. One of the owners (NNPC) do have though.


By the way, how come NNPC is yet to remit monies made in Buhari's tenure into the Federation account.

Yes an accusation from NEITI, Av u bothered to read NNPC response which they published to NEITI accusation? If not, ur search remain


https://www.google.com.ng/amp/s/www.vanguardngr.com/2017/12/917243/amp/

deomelo:




And PMB met huge foreign reserves, savings, ECA surplus, oil price selling at over $100/barrel like under GEJ, or PMB presided over the largest oil earnings like Nigeria witnessed under GEJ and also, PMB should not look for funds to service the TRILLIONS Jona borrowed??


Question why borrow and keep borrowing after inheriting huge savings, huge reserves and oil selling at records highs for so many years? Why and exactly what was done with the trillions he borrowed, the reserves he depleted, and huge oil earnings? What exactly? We now the rail you jokers like to throw out there was done with another round of borrow from China and the fake airport renovations was done with China loan and borrow borrow also.

Did PMB also stole our $2 billion and gave it to Dasuki/ATM to share with his cronies and PDP members?

It is not by force to sound ignorant, ill-informed, dumb, clueless and unintelligent.

naijapips02:


When I say you goons are unreasonable, I know exactly what I mean.

Yes the governors were bailed out with monies saved during GEJs era.

Here is buhari in 2015 sharing N1.3 trillion LNG funds with governors as bail out funds.

If Jonathan is that useless, how come he saved up 1.3 trillion naira in LNG account?

https://www.google.com.ng/amp/s/www.premiumtimesng.com/news/headlines/186198-buhari-approves-n1-2-trn-rescue-plan-for-bankrupt-states-releases-lng-funds.html/amp

FG saved. Tell me again how much buhari met in the ECA account that he want to debit $1 billion to fight boko haram

NgeneUkwenu:
[s][/s]

Trash!

You ended up saying nothing....Jonathan and his supporters should bow their heads in shame for plundering, raping and looting our common patrimony without conscience for 6 Straight Years.....

Never, Will They Ever Near Our Treasury Again...

The First Picture Depicts The State Of Our Common Wealth When Jonathan Took Over...

The Second Picture Shows The State, He Left It..

Thieves!

naijapips02:


See how foolish you sound. Check the lnlg link I sent you to confirm their ownership structure.

Did NLNG remit monies made during GEJ's tenure Into the Federation account to be share by Buhari, yes or No?

By the way, how come NNPC is yet to remit monies made in Buhari's tenure into the Federation account.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2017/12/917243/amp/

naijapips02:


So you don't know that LNG has an account in Federation account , where proceeds are remitted?

Most MDAs all have accounts with the CBN...

DelGardo:


You are so thick that it is embarrassing. Good thing the Demdem has straightened you out even though you appear too dense to learn.

Fyi what NLNG paid to the FG after Buhari took over was the income tax for 2014 payable in 2015 to the federation account, after IFRS assessment.

As at that time all 2014 dividends due to NNPC for their 49% shareholding in NLNG (not 60% as you dumbly claim) had been paid under Goodluck. Uncle IB couldn't have saved the dividend either because it is paid to NNPC directly. You may look up the recently released NEITI report to learn more about dividend payment by NLNG.

You Tanoid wailers are so empty and ignorant.
No wonder you are so anxious for free money. That time don pass

billante:


Listen to yourself.....the money was piling up since 2014 after the 10yrs tax holidays that was given to NLNG.....and please it wasn't payed into federation account until buhari came in demanded and shared the money

naijapips02:


Shatap. How come 2015 till date NLNG remittance is missing under buhari?