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P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa - Politics (3) - Nairaland

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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:


hey hey....full stop their....

Michael Aondooakaa, former attorney general of the federation (AGF), says the gas contract awarded to Process and Industrial Developments Limited (P&ID) was not approved by the federal executive council.

this statement is all we should care about....
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:


Stop flaunting your ignorance. Was the contract signed by the designated authorities yes or no?

that is all the considers. Our internal checks and balances or due process don't count

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:


atleast we should put up a fight and not just give up....

this is crazy amount of money....
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:
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.

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:
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.



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:


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....
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Ikpongiton: 7:12am On Aug 31, 2019
seunmsg:


Do you even understand the procedures stipulated in the public procurement act to be followed before awarding such a contract? The AGF as at when the contract was signed is telling you that the FEC did not approve the award of the contract and you are here shouting that we should go and pay. You want your country to pay some dubious Irish for a contract that wasn’t even validly awarded?

Even if you hate the president, must you hate your country? Every reasonable Nigerian should be concerned about the criminal intention behind the contract. The fact that our law was violated in the process leading to the award says it all. This is the time to get patriotic and drop the silly APC vs PDP mentality that has eaten deeply into the brains of some of you. Nigeria will not pay that silly company and their corrupt collaborators any $9billion.
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:


hey hey....full stop their....

Michael Aondooakaa, former attorney general of the federation (AGF), says the gas contract awarded to Process and Industrial Developments Limited (P&ID) was not approved by the federal executive council.

this statement is all we should care about....
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by FarahAideed: 7:13am On Aug 31, 2019
seunmsg:


Do you even understand the procedures stipulated in the public procurement act to be followed before awarding such a contract? The AGF as at when the contract was signed is telling you that the FEC did not approve the award of the contract and you are here shouting that we should go and pay. You want your country to pay some dubious Irish for a contract that wasn’t even validly awarded?

Even if you hate the president, must you hate your country? Every reasonable Nigerian should be concerned about the criminal intention behind the contract. The fact that our law was violated in the process leading to the award says it all. This is the time to get patriotic and drop the silly APC vs PDP mentality that has eaten deeply into the brains of some of you. Nigeria will not pay that silly company and their corrupt collaborators any $9billion.

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:
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



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:


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....
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:
Does FEC sign off on Oil & Gas contracts? Stop being emotional, this is not a fight about who you hate or who you love



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:
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



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:
Our nation was raped, battered and scammed for almost 20 years of PDP heinous misrule.

It could have been worse if the ineffectual buffon that told us STEALING IS NOT CORRUPTION won the election.

Nigeria will be great again.

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:


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....??

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:


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.

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:
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


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:
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



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:


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 xpool(m): 7:34am On Aug 31, 2019
seunmsg:


Do you even understand the procedures stipulated in the public procurement act to be followed before awarding such a contract? The AGF as at when the contract was signed is telling you that the FEC did not approve the award of the contract and you are here shouting that we should go and pay. You want your country to pay some dubious Irish for a contract that wasn’t even validly awarded?

Even if you hate the president, must you hate your country? Every reasonable Nigerian should be concerned about the criminal intention behind the contract. The fact that our law was violated in the process leading to the award says it all. This is the time to get patriotic and drop the silly APC vs PDP mentality that has eaten deeply into the brains of some of you. Nigeria will not pay that silly company and their corrupt collaborators any $9billion.
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:


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.
Re: P&ID $9bn Judgement Debt: P&ID Gas Contract Was Not Approved, Says Aondooakaa by Maket: 7:39am On Aug 31, 2019
buhariguy:
dont worry, those idiotic pigs that award the fraudulent contract wil pay for it, we wil arrest them, cease all their property in home and abroad to raise the $9.6b.
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:
If the so called agreement was signed in Nigeria they should come and use a Nigerian court or go to International arbitration court not a local court in UK

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:
Shut up and go pay them their money, UK courts don't know PDP or APC , all they know is Nigeria .. You people think you can just keep breaching contracts any how ko
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 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.

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:


Rilwan Lukman was the major facilitator for P&ID who assured them that they will get the contract
On what basis was P&ID given the contract? What is their antecedents, where have they previously done similar projects?


P&ID went ahead to procure licenses,engaged international contractors to come up with designs for the project, this they say cost them money

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?


An investment vehicle for the project was duly registered in Nigeria, where Nigeria had a 5% shareholding and also a representative on the board of P&ID

We need to know the Nigerian on the board of P&ID, he has questions to answer.


After series of meetings, it was decided the project would be located in Cross river, and Addax petroleum agreed to supply the gas to P&ID for processing

Based on Addax agreeing to supply the gas, the FG signed the 20 year agreement with P&ID
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.


Addax still failed to meet up, I think at this time GEJ was in power and Diezani was asked to ensure Addax complies
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)


After a whole lof delays and frustrations, P&ID wrote to the FG that they were no longer interested and subsequently took the case to the international court of arbitration who decided that UK courts would be the location to hear the case
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?


This was where they came to agree to pay a compensation of $850m
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.


Then comes in the PMB and his team, no one paid any attention to the ruling due to non-nomination of a substantial minister to take charge
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.



And the rest is history

The whole episode is a good example of the incompetency of the people in authority. From top to bottom. the project was meant to guarantee power to the gas plants but at the end of the day, the Nigerian factor came to play!!

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:
hey hey....full stop their....

Michael Aondooakaa, former attorney general of the federation (AGF), says the gas contract awarded to Process and Industrial Developments Limited (P&ID) was not approved by the federal executive council.

this statement is all we should care about....

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:
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....

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:


Yes, YOU Nigerians should care about it...
But it makes NO DIFFERENCE to the arbitration or judgment.

[s]So long as the signatories are authorized persons...
Issues of your internal “corporate governance” process cannot be visited on an external party[/s].
>

You obviously have no idea of the implications of what your saying.

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