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Nairaland Forum / Nairaland / General / Politics / Monday Ubani On London Trip: Buhari Has Breached Constitution (21432 Views)
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Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by OldSkoolHeadBoy: 1:04pm On Nov 08, 2019 |
It would have been a good exercise if the President have signed the bill within the shores of Nigeria. I am amazed that most of the people ferociously attacking the President have completely ignored the importance of the bill he has just signed into law because of the blind hatred for him over the election loss. Are the critics mindful of the fact that until now the previous set of laws applicable to deepwater oil & gas operations are from the ones applicable to land, swamp and shallow water terrains. As a veteran in the field for almost 30 years, I will like to reveal to you that the cost for million dollar pipeline license is a ridiculous N20 (yes, TWENTY NAIRA !). That amount is what is payable to DPR using a bank draft whose commission is over and above the principal amount. Let me also reveal to you that the development of deepwater assets started before year 2000 when oil was just about $10/BL and OBJ was the President. The arrangement with the IOCs for deepwater operations is based on what is called Production Sharing Agreement (PSA) and the principle is that the government contributes ZERO to develop the field and the IOC foots the entire bill. The cost of field development is then deducted over the production years until the cost of the project is realized. At the onset alter first oil, the IOCS take most of the oil and sell and gives just about 5% - 15% to Nigeria and that dynamics is supposed to change IF the selling price of oil goes above $20/BL but unfortunately, nobody was paying attention and the price of oil is now over $50/BL. This is what PMB has just rectify and all you guys are complaining about is the optics is where the bill was signed into law ! We are such a strange people...... 1 Like 1 Share |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:04pm On Nov 08, 2019 |
anonimi: Lost what??! BECOMING PRESIDENT, that’s what. That’s a HUGE loss indeed! |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by adelaja70(m): 1:05pm On Nov 08, 2019 |
mindtricks:Una no dey tire ni? This same Buhari transfer power to his vp more than twice in their first term and none of you crying forced to do so. And Buhari is the only and first president that have done so since 1999....So enough of the noise Abeg. |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by olumike001(m): 1:08pm On Nov 08, 2019 |
sassysure: So if u make enough money, to be vice president is greed to you. Continue |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by akdjr(m): 1:12pm On Nov 08, 2019 |
He has breach the law simpl. I would like to see our legal practitioners take up the case. But that your assertion I not justifiable at all... we were all in this country when supreme Court disqualified the candidate of APC who has already won an election and declare the PDP candidate winner while the same Buhari was still the president. quote author=CanadaOrBust post=83835773] If u go to court, he has the Supreme Court in his pocket - just as he has the house and senate. Chai![/quote] |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by adelaja70(m): 1:17pm On Nov 08, 2019 |
anonimi:I LAFF ANYTIME I READ THIS UKIWE STORY.... I KNOW MOST OF YOU WERE QUITE YOUNG THEN TO UNDERSTAND WHAT REALLY HAPPENED... EBITU UKIWE WAS GIVEN TOO OPTIONS... RESIGN HONOURABLY OR BE BOOTED OUT. THAT'S CALLED DEVILS ALTERNATIVE. OSINBAJO IS ELECTED BY NIGERIANS WHILE UKIWE WAS HANDPICKED BY THE MILITARY..... |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by OldSkoolHeadBoy: 1:20pm On Nov 08, 2019 |
It would have been a good exercise if the President have signed the bill within the shores of Nigeria but I am amazed that most of the people ferociously attacking the President have completely ignored the importance of the bill he has just signed into law because of the blind hatred for him over the election loss. Are the critics mindful of the fact that until now the previous set of laws applicable to deepwater oil & gas operations are from the ones applicable to land, swamp and shallow water terrains. I will like to reveal to you that the cost for a million dollar pipeline license is a ridiculous N20 (yes, TWENTY NAIRA !). That amount is what is payable to DPR using a bank draft which bank commission is over and above the principal amount. Let me also reveal to you that the development of deepwater assets started just before year 2000 when oil was just about $10/BL and OBJ was the President. The arrangement with the IOCs for deepwater operations is based on what is called Production Sharing Contract (PSC) and the principle is that the government contributes ZERO to develop the field and the IOC foots the entire bill. The cost of field development is then deducted over the production years until the cost of the project is realized. At the onset, after first oil, the IOCs take most of the oil and sell, giveing just about 5% - 15% to Nigeria and that dynamics is supposed to change IF the selling price of oil goes above $20/BL but unfortunately, nobody was paying attention and the price of oil is now over $50/BL. This is what PMB has just rectified and all you guys are complaining about is the optics of where the damned bill was signed into law ! We are such a strange people...... |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:21pm On Nov 08, 2019 |
akdjr: They can’t make it so obvious. Attack or try to take over the presidency and you’ll see who owns the supreme court |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:23pm On Nov 08, 2019 |
uyomeyo: You are part of the “una”, wether u like it or not |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:34pm On Nov 08, 2019 |
adelaja70: You’d think that’d be obvious to everyone 1 Like |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:43pm On Nov 08, 2019 |
meccuno: I disagree with u. Nigeria is much greater and Nigerians are much better off staying together. The diversity alone makes it worth it. It also makes us the GIANT we are. The only problem is radical Islam and the fact that some may secretly want to Islamize the whole of Nigeria by force. That is the BIG problem |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by blueghost(m): 1:45pm On Nov 08, 2019 |
Audio Lawyer |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:49pm On Nov 08, 2019 |
Monogamy: Did u read what Ubani said at all? READ THE ARTICLE. The 21 days applies to NA not him. That’s how long they have to wait before mandating VP to take over. |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by Monogamy: 1:50pm On Nov 08, 2019 |
CanadaOrBust: I did.. May be you should slowly |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 1:55pm On Nov 08, 2019 |
Monogamy: 21 days is how long NA has to wait before mandating VP to take over. PMB always handed over as he should. He only started playing games when the “war” started 1 Like |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by Monogamy: 1:56pm On Nov 08, 2019 |
CanadaOrBust: How long is his UK trip for? |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by johnmartus(m): 1:58pm On Nov 08, 2019 |
I can never be the problem of this countryand i will notbe. mannyiyke: |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:00pm On Nov 08, 2019 |
respect80: Well said, but who will bell the cat. Would u be eager to fix the constitution if it favors u? |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by Femeto: 2:01pm On Nov 08, 2019 |
Lets impeach Buhari.He bought arms without National Assembly approval and now he doesn't respect his V.P. 1 Like |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:01pm On Nov 08, 2019 |
hisexcellency34: No, he is just saying EXACTLY what the constitution says |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:04pm On Nov 08, 2019 |
pawesome: True. If u have senate, house, AND Supreme Court, you can do do whatever u want |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:06pm On Nov 08, 2019 |
pickatyou: I have searched the internet, I can’t find any other time it has been done, even in history |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:08pm On Nov 08, 2019 |
adioolayi: Impeach him how? He owns both chambers of NA |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:10pm On Nov 08, 2019 |
Edyice: Lol. Very funny but on point |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:11pm On Nov 08, 2019 |
Akamariner: Can u become one b4 Xmas or it’s too late? |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:14pm On Nov 08, 2019 |
Obere4u: If u go to bury your grandma, that’s a private visit. If u go on leave, that’s vacation |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:20pm On Nov 08, 2019 |
anonimi: It is selective amnesia. Nigerians have a tendency to develope it when it suits them 2 Likes 1 Share |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by Nobody: 2:22pm On Nov 08, 2019 |
CanadaOrBust:You can always become whatever you wishes to become when you are ready to begin, provided you are commited to your goal. to become successful in life requires hardwork and persevearance while doing a job of interest. i.e what you love. and it is that your hobby that i'm going to be teaching you how to convert to money, to become successful in it, you will have to put in more effort depending on your goal. and this will determine the time frame at which you can be successful in whatever you're doing. |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:24pm On Nov 08, 2019 |
Josh44s: Only a fool would try - seeing as all 3 branches of govt are in his pocket |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:26pm On Nov 08, 2019 |
sonature1: But in this case he is only saying exactly what is in the constitution, without embellishment |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by CanadaOrBust: 2:31pm On Nov 08, 2019 |
mannyiyke: I totally agree. Just because it works for America does not mean. We are a different type of society and also don’t have America’s excess money. But maybe not quite the parliamentary system |
Re: Monday Ubani On London Trip: Buhari Has Breached Constitution by drlateef: 2:37pm On Nov 08, 2019 |
Busy body lawyer. Even a kindergarten pupil knows that there is no breach until after 21 days. Otherwise, such provision will not be there in the constitution. Signing a bill outside the shore is not also a breach. Why is he making noise? So as to get noticed? |
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