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Nairaland Forum / Nairaland / General / Politics / P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa (15206 Views)
P&ID: ‘yar’adua In Coma When Contract Was Signed’ / Buhari, Not Jonathan To Be Blamed For $9bn Judgement Debt, Says P&ID / Seems Judd Legum Lied, Contract Was Signed Before Atiku Became PDP Candidate (2) (3) (4)
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Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Nobody: 7:07am On Aug 31, 2019 |
I mean that is all the court considers |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Sunnymatey(m): 7:08am On Aug 31, 2019 |
tsdarkside:Ok, P&lD will help us with a copy of their agreement then we ll know who and who is involve. Then the matter will drag from there. |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:08am On Aug 31, 2019 |
networkfailure: in nigeria it counts....deals must be sent through designated authorities to be approved.... people that understand law are tellin you and you still want to cut off your legs to piss off your arms.... 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:08am On Aug 31, 2019 |
What fight? The only option is to get P&ID to the table and renegotiate terms of settlement. This is already a matter before an international court of arbitration. Why the amount spiraled this high was because nobody from the Nigerian government sat down to talk to them. tsdarkside: |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:09am On Aug 31, 2019 |
Sunnymatey: exactly....dont give up without a fight.... |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:10am On Aug 31, 2019 |
blujoi: do that,if you think they are worth it.... to me they are foreign thieves.... |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:11am On Aug 31, 2019 |
First of all, this was an Oil and gas contract, does FEC sign off on Oil and gas contract? Does the international arbitration court recognize FEC? Was a contract duly signed by the representatives of the Nigerian government? If yes then its a valid contract tsdarkside: |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Ikpongiton: 7:12am On Aug 31, 2019 |
seunmsg:this one is reasoning like a sharia court judge,[a.k.a.]alkali |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:13am On Aug 31, 2019 |
Is that the defense you would put up in an international court of law? Even if that's all you care would it make the judgement disappear? tsdarkside: |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by FarahAideed: 7:13am On Aug 31, 2019 |
seunmsg: Oga why didn't the FG hire you as lawyer so you can tell this to the UK court ..I have been a victim of this Nigerian Tin god contract breach in the past so I know how this hurts . |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:13am On Aug 31, 2019 |
blujoi: dont you gerrit....?? whats the meanin of FEC again....?? dont be your own enemy....hate buhari my foot.... thats crazy amount of money....if it was jonathan,i would back jonathan.... dont give them shi shi.... 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:15am On Aug 31, 2019 |
and dont you people find it strange that days after the news that lousy company said buhari is to blame and not jonathan....?? they want us to fight each other and not concentrate on them.... |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:17am On Aug 31, 2019 |
Does FEC sign off on Oil & Gas contracts? Stop being emotional, this is not a fight about who you hate or who you love tsdarkside: |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:20am On Aug 31, 2019 |
blujoi: it is.... because people like you want to turn it to jonathan against buhari matter.... others went immediatly online to investigate the lousy company,while you are busy defendin that lousy company.... btw.... where is the pipeline....?? |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by seunmsg(m): 7:21am On Aug 31, 2019 |
blujoi: The contract was signed by the ministry of petroleum and not NNPC. NNPC is the only agency that has special excemption up to a certain threshold not to take their contract to FEC and not the ministry. |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by clarocuzioo(m): 7:23am On Aug 31, 2019 |
post=81776113: And the raping has continued with new set of criminals in the name of APC. Your "Saint " said "ABACHA did not steal" but till today is still receiving Abacha's looted funds. May I remind you most APC members like Amaechi and Akpabio were once PDP members.. Nigeria can never be great with APC and PDP. So live beyond party, ethnic and religious sentiments for Nigeria to be great. Think beyond you BMC stipend. |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:25am On Aug 31, 2019 |
I did a brief write up of an international investigation of the whole issue, which you were not able to comprehend. You were the one who came up with Jonathan/PMB angle. I'm not responsible for your lack of comprehension. Do have a nice day tsdarkside: 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:25am On Aug 31, 2019 |
clarocuzioo: wharever....what now....?? dont tell me you wan give up and give that kind of crazy amount of money.... thats insane.... |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by tsdarkside(m): 7:26am On Aug 31, 2019 |
blujoi: you too,have a nice day.... i actualy have to go work sef.... bye.... |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Nobody: 7:29am On Aug 31, 2019 |
blujoi: Tell them. Let them be arguing up and down. They think this is politics. If u don't Nigeria gets her oil and proceeds payment from a channel of international investments firms. For example when Nigeria was exporting to USA Glencore handled d payments on behalf of d consortium of american oil companies purchasing oil from Nigeria. if P&ID today presents d court order to such companies like do u have an idea what dat means. U guys should better realize the gravity of the situation and this petty blame games. 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:30am On Aug 31, 2019 |
I do not have the whole details. But the fact that the FG signed off on the contract after several meetings validates the contract. If your line of defense was valid I'm sure the Nigerian legal counsel would have informed the arbitration court well on time, don't you think? At the end of the day, both the FG and the P&ID company will negotiate terms of settlement. But we wished it was sooner than now that they have a huge advantage over Nigeria. seunmsg: |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by xpool(m): 7:34am On Aug 31, 2019 |
seunmsg:The problem with you all is that you all are fond of chasing rats when your house is on fire. Was Nigeria not served in the case? Were we represented by our attorneys? All these comments from far and wide about the illegality of the contract should have been made relevant in the court process, not in the media. 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by blujoi(m): 7:36am On Aug 31, 2019 |
Its sad most don't understand how Oil and gas industry works. Just like the JV's the government signed with the IOC's. The FG never meets up with their own part of the bargain when the IOC's make a cash call, this prompted the IOC's to come up with production sharing contracts, which till today is responsible for Nigeria losing a lot of money to the IOC's. Its a Nigerian culture, people here are busy playing the APC/PDP card. networkfailure: |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Maket: 7:39am On Aug 31, 2019 |
buhariguy:They are no longer pigs but Piglets |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by 9jaRealist: 7:40am On Aug 31, 2019 |
9jatriot: Nope! It depends on what the contract itself provides... Meanwhile, as usual, we are struggling to shut the barn door after the animals have already bolted. This dispute and the arbitral (and subsequent court) process lasted for several years, and it’s only now after judgment/order that we are presenting our defenses. SMH > |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Akpuoru: 7:45am On Aug 31, 2019 |
FarahAideed:Are you this f00lish or evil?. Your country and your money. Do you know the fraction of this amount to your foreign reserve?. Hawks conspired to defraud you of your Commonwealth and this is your take?. You think this makes you smart. When people say Nigeria has no future, it's simply because of the attitudes of youths like you. Grow up kid. |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by seunmsg(m): 7:47am On Aug 31, 2019 |
xpool: The case is still in court in the US. We must continue to use all available media platforms to tell our side of the story while lawyers battle the case in court. $9billion is not a small money and any company that wants to collect such an amount of money from Nigeria must be ready for all sorts of media scrutiny. |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by wirinet(m): 7:55am On Aug 31, 2019 |
Informative, but still trying to absolve previous governments, while putting the blame squarely on Buhari. I will only respond to the red flags. blujoi:On what basis was P&ID given the contract? What is their antecedents, where have they previously done similar projects?
Who did they procure licences from, at what cost and what type of licences? What do you mean " international contractors to come up with designs for the project"? Maybe you mean to say consultants. You don't employ contractors to design a project, you employ consultants. Had they procured the site for their processing plant? What actual infrastructure had they spent money on?
We need to know the Nigerian on the board of P&ID, he has questions to answer. Nigeria signed a 20yr agreement based on the promise of Addax to supply gas to P&ID? does or did Addax have pipelines and infrastructure to supply the required quality of gas to the agreed site in Cross Rivers? What was the contract agreement with Addax? We need to hear from Addax. How do you expect Addax to meet up with its expectations? You think building gas pipelines and infrastructure is an abracadabra? You just wave your magic wand and poofs gas starts flowing into P&IDs facilities (which was non existent as of that time anyway) It was even P&ID that said they were no more interested. If the company was registered in Nigeria, why not take the FG to Nigerian courts? If GEJ, agreed to pay $850m, why didn't he pay before he left office. He could have diverted the money he borrowed for paying salaries to pay for the money he negotiated for. Even though I do not support the failure of Buhari to not appoint an oil minister, I would never have supported him paying a dime of that money. He came in when crude fell to $30 and Nigeria entered a recession, where did you expect him to get $850m from. If he paid, and the economy finally crashed as some people are wishing, they would be ecstatic saying Buhari crash and economy Jonathan built.
How would the project have guaranteed power? What was the installed capacity at that time? What was the transmission capacity as of 2010? Where was the pipelines all over the Niger delta conveying the gas first to P&ID's processing plant, and then the pipelines conveying the gas to the power stations? 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by 9jaRealist: 8:00am On Aug 31, 2019 |
tsdarkside: Yes, YOU Nigerians should care about it... But it makes NO DIFFERENCE to the arbitration or judgment. So long as the signatories are authorized persons... Issues of your internal “corporate governance” process cannot be visited on an external party. > |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Akpuoru: 8:02am On Aug 31, 2019 |
We should be demanding for answers from everybody involved; those that signed the wicked contraption, those that negotiated with the company to pay them money for doing almost nothing, those that never gave this nightmare the serious and close attention it needed to the point of getting to this level. All of them have failed Nigeria perhaps for their own selfish gains. The biggest f00l here will be any Nigerian who will bring in petty politics to explain away this disaster put upon us by those who should speak for us. My anger is to all the regimes from the inception of this contract till date. 1 Like |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by alezzy13: 8:07am On Aug 31, 2019 |
tsdarkside: Bless you jare. |
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by alezzy13: 8:15am On Aug 31, 2019 |
9jaRealist: You obviously have no idea of the implications of what your saying. |
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