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Politics / Re: Lagos-calabar Rail Project: Those Worthy Of Knocks And Those For Commendation by rolchi(m): 1:40pm On Apr 12, 2016
Amaechi made a mistake by going public!

He should have engaged Gbenga Ashafa privately before going public. I believe that if this has been done quietly, the President would have sent a supplementary budget to include the missing items.

Gbenga Ashafa is not the Chairman of the National Assembly while Rotimi Amaechi is not the Head of the Executive!
Politics / Re: The Lagos Calabar Rail Controversy: What everyone should know by rolchi(m): 11:46am On Apr 12, 2016
On Point!

I completely align myself with you on this!

If all these controversies are being generated prior to passing this budget, then I begin to wonder the type of controversies that will follow budget implementation.


The secret of change is to focus all of your energy, not on fighting the old, but on building the new. - Dan Millman

25 Likes 2 Shares

Travel / Re: Forex Shortage Hits Airlines As $575m Stuck In Nigeria by rolchi(m): 8:19am On Apr 07, 2016
onatisi:

The bitter truth Nigerians must accept is that buhari and his team have lost control of the whole system and the economy ,they are just following the tide of things and hoping that oil prices will rise. They wont admit it but the silence of his ministers and major political backers proves the point that they are utterly disappointed in buhari. They spread have a ready excuse and the only excuse is that pdp ruled for 16 yra

I agree with you on this 100%.

10 Likes 1 Share

Politics / Re: Julius Berger To End Flooding On Aba-Port Harcourt Road by rolchi(m): 3:32pm On Apr 06, 2016
Very encouraging!

1 Like

Politics / Re: Nigerians Bought Fuel For Over 140 Naira Under GEJ by rolchi(m): 12:06pm On Mar 29, 2016
Mynd44:

Please go to that post and see that part of the post I quoted. I was correcting a statement made by someone about how this has been the worst fuel scarcity regime ever.

We have been through worse (not like it excuses the current madness)

It is still the worst! Then, it was after March 29 2014 when PDP lost the Presidential elections. There was a reason and after deliberations, it was resolved. Fuel came in abundance.

Now I ask you, my dear moderator, what is the reason for this current scarcity?

Secondly, have you been to the domestic wings of our Airport this period and notice how flights are 'massively' delayed?

What is the reason we are suffering this much under a 'Progressive' govt?

2 Likes

Politics / Re: Nigerians Bought Fuel For Over 140 Naira Under GEJ by rolchi(m): 10:47am On Mar 29, 2016
OP, what is your point? I guess you just want to create a thread...that is good. I score you high for opening a thread.

But again, what is your point? Nigerians bought fuel at 140ngn at a time when the government then completely deregulated the d/S. Then there was a massive strike action by organised labour and CSO that paralyzed all Economic Activities in Nigeria.

Today, the official price of is 86ngn and Nigerians are suffering acute PMS scarcity and you draw up a post of 2012 to sedate their pain or what? What exactly is your point?

We just returned from Easter holidays and I have made a strong deliberate attempt to remain civil today...please, don't continue along this line.

For BAD IS BAD!

The APC Progressive government is taking us through the worst fuel scarcity regime in recent times. We need fuel...SIMPLE!

8 Likes

Politics / Re: NNPC Spends N103.4 Billion To Protect Oil Pipelines In One Year by rolchi(m): 9:13am On Mar 28, 2016
989900:
Pipeline vandalism should attract shooting on sight!

The problem is that these pipelines pass through seemingly inaccessible areas...
Politics / Re: The Smell Of Trivia By Garba Shehu by rolchi(m): 8:20am On Mar 23, 2016
Sad indeed! Too weak a statement.
Politics / Re: Rivers Rerun: No Election In Bonny L.G.A As People Stage Protest - Photos by rolchi(m): 12:51pm On Mar 19, 2016
joeprince23:
I am in bonny now... And no elections from shell road to hospital road to akiama rd to abalamabie even damascus rd and parts of finima

Even at the Industrial Unit opposite Henry Akul's house...no election.

12 Likes

Politics / Re: Osun State Allocation For February Is N6M by rolchi(m): 2:16pm On Mar 18, 2016
Osun is not a failed state!

May God help Osun State!

20 Likes 2 Shares

Politics / Re: Aisha Buhari Biography: Things You Don’t Know About Nigeria’s First Lady by rolchi(m): 1:53pm On Mar 18, 2016
Who paid her fees while she studied in the UK and Dubai? The 'frugal' one?
Politics / Re: Transport Minister Chibuike Amaechi Speaks On Rivers Re-run Elections by rolchi(m): 4:59pm On Mar 17, 2016
Does a Minister have the mandate to make a broadcast?

A Press Release, yes...but I don't think it is proper to call is a 'broadcast'.
Politics / Re: Rivers Rerun Election ; See Crowd Campaigning For APC. PICTURES. by rolchi(m): 7:30pm On Mar 16, 2016
Don't mind the confused Amaechi. Saturday elections will be another marker in the history of Rivers State.

15 Likes 2 Shares

Politics / N3.2 Trillion: Augf’s Audit Report Erroneous, Says NNPC by rolchi(m): 7:10pm On Mar 16, 2016
The Nigerian National Petroleum Corporation (NNPC) on Wednesday said that the audit report recently submitted to the National Assembly by the office of the Auditor General of the Federation (AuGF) in which it was indicted of not remitting about N3.235 trillion into the government’s coffers are erroneous.

The corporation also said that the report with its alleged errors had the capacity to undermine its current and future business operations. It explained that it was based on this that it decided to put the records straight.

It made the clarification in a statement which was signed by its Group Executive Director and Chief Financial Officer, Mr. Isiaka Abdulrazaq in Abuja.

It noted that even though the claims by the AuGF report were broadly within the 2014 financial year before the current management came on board, it still owed it a duty to safeguard the integrity of the corporation by correcting the office of the AuGF on its alleged accounting errors.

“The Auditor General of the Federation (AuGF) declared to the National Assembly on the 14th of March 2016 that NNPC has failed to remit the sum of N3.235 trillion to the Federation Account for the period ended 31st December 2014.

“NNPC wishes to state in strong terms that the AuGF’s declaration is erroneous. It should also be noted that although this period is before the new NNPC management was appointed in August 2015, the management still deem it fit and important to correct any misinformation about the activities of the corporation as this will adversely affect its current and future financial and operational plans if not corrected,” said Abdulrazaq.

He further stated that since the new management was appointed, it has placed great emphasis on transparency, accountability and integrity and has sought to refocus and reposition the NNPC as demonstrated in the ’20 fixes’ initiatives which it had adopted.

Listing some of the 20 fixes which include: the publication of NNPC monthly financial and operations reports; focus on cost reduction across board an subsequent drop in monthly operational losses from N30 billion in August 2015 to N3 billion in January 2016; as well as, restructuring of NNPC to improve its performance and profitability, Abdulrazaq said that the corporation’s new management has made efforts to identify legacy claims and settle same.

He said that the NNPC in this regards has also undertaken a forensic audit of all the claims and that a report is expected from its appointed forensic auditors soon.

According to him: “Upon the appointment of the new NNPC management, it identified all legacy claims issues between NNPC and the federation and engaged with the Federal Ministry of Finance to resolve the issues by inviting the appointed forensic auditors to conclude the previous forensic audits on these claims and the final report on this is expected soon.”

Source: http://www.thisdaylive.com/index.php/2016/03/16/n3-2-trillion-augfs-audit-report-erroneous-says-nnpc/
Politics / Re: NDDC MD Delivers N7bn To Amaechi For Rivers Rerun On Saturday by rolchi(m): 2:39pm On Mar 16, 2016
I am PDP and proudly so....but this piece of news is scrap! It has no value and should not be accepted. It should be treated for what it is...TRASH!!!
Politics / Re: Navy To Establish Own Maritime University, Operational Base In Lake Chad by rolchi(m): 3:54pm On Mar 10, 2016
If this news is true....why is this government confused?

1 Like

Politics / Gov. Dickson Unites Udenwa, Ohakim, Ihedioha, Other Imo PDP Leaders by rolchi(m): 3:43pm On Mar 10, 2016
The leaders of the Peoples Democratic Party in Imo State have agreed to put aside their differences, and work together with the national leadership of the party for the conduct of the forthcoming congresses in the state. The peace agreement, facilitated by Governor Seriake Dickson of Bayelsa State, who is the chairman of the PDP Peace and Reconciliation Committee, was reached at​ a meeting on Wednesday.

The meeting was held at Bayelsa State Governor’s Lodge, Asokoro, Abuja, according to a press statement from Government House, Bayelsa.
The party leaders, including two former governors of the state, Achike Udenwa and Ikedi Ohakim, resolved to unite and join forces to strengthen the PDP for victory in all elections – beginning with the March 19 rerun in Imo North Senatorial District. Other PDP leaders who signed the peace pact were the former deputy speaker of the House of Representatives, Emeka Ihedioha, former aviation minister, Kema Chikwe, and three senators, Chris Anyanwu, Samuel Anyanwu, and Athan Achonu.

Austine Akobundu, a retired colonel, and the pioneer chairman of the party in Imo, Innocent Nwoga, also signed the resolutions.
The leaders promised to remain loyal to the National Working Committee and the National Executive Committee of the party, and also agreed to hold an all-inclusive leadership meeting of the party in Owerri, Imo State, to be chaired by Mr. Dickson.

Mr. Dickson was said to have thanked the party leaders and elders for taking the path of peace in the overall interest of the party and promised to inform the party leadership of the development.

The reconciliation committee, set up by the PDP national chairman, Ali Sheriff, is to reconcile and unite the party members across the country.

Source: http://www.premiumtimesng.com/regional/ssouth-east/199914-gov-dickson-unites-udenwa-ohakim-ihedioha-imo-pdp-leaders.html
Politics / Re: Dakuku Peterside Appointed As DG Of NIMASA by rolchi(m): 3:27pm On Mar 10, 2016
The 'I belong to nobody and I belong to everybody' is playing out differently!

This is compensation....QED!
Politics / Re: Kachikwu's Unbundling- A Case Of Double Speaking, Itooknow And Strategic Blunder by rolchi(m): 12:41pm On Mar 10, 2016
tuale4u:
Kachikwu is a very smart man. I like his style.
He has a way beating the stupid bureacratic process by use of english. He knows how to achieve his aim without appearing to have change the status quo. When in actual fact,he has made massive change.

I wish kachikwu well.

He will not go too far with this his 'dribble'. You can't dribble for too long without an injury!

2 Likes 1 Share

Politics / Re: Buhari Snubs APC Over ‘mismanaged’ N7bn Fund. by rolchi(m): 3:44pm On Mar 09, 2016
A whole 7B NGN 'magicked'? cheesy cheesy cheesy

APC...I hail una oh!

50 Likes 4 Shares

Politics / Re: I Meant We Would Import Seedlings From Brazil, Not Grass: Audu Ogbeh by rolchi(m): 3:33pm On Mar 09, 2016
erunz:
whether you import the seeds or you import the grass, what's important is that you are importing something, same way we were importing toothpicks and woods before

Gbam! The minister is an old man. He should be changed. He has nothing to offer so far!
Politics / Re: Overspeeding Did Not Cause Ocholi's Accident- FRSC by rolchi(m): 3:30pm On Mar 09, 2016
DONSMITH123:
dont really know what to believe again.

Bro, the thing tire me!

All we know that is some people died. A minister, his wife and a son; the driver as well.
Politics / Re: On TSA And Public Funds by rolchi(m): 12:34pm On Mar 09, 2016
Okay!

But recently, you said that the TSA cannot be used to fund the 2016 Budget as MDAs will now be permitted to withdraw their money for payments and investments. Don't you think that this has in some way reduced the capacity of these MDAs to make payments and invest thereby creating profitable economic activity in the recent past?
Politics / Unbundling: NNPC Shuts Down Nationwide by rolchi(m): 8:22am On Mar 09, 2016
Oil workers have shut down the operations of the Nigerian National Petroleum Corporation (NNPC) nationwide following Tuesday’s unbundling of the corporation. Members of staff and management of the corporation arrived their various offices on Wednesday morning to discover that they could not gain entrance following the total strike.

The immediate impact of the strike will be nationwide fuel scarcity as products will not be lifted by NUPENG. It is not expected to affect the crude oil export yet except the Department of Petroleum Resources (DPR) joins in solidarity. Ibe Kachikwu, minister of state for petroleum resources who doubles as the NNPC group managing director, had announced the creation of seven independent units on Tuesday, namely downstream, gas and power, refineries, ventures, corporate planning and services, and finance and accounts.

NNPC’s stranded workers in Abuja PHOTO: Fred Nwabufo The group executive committee (GEC) of the the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the National Union of Petroleum and Natural Gas Workers (NUPENG) convened an emergency meeting at 10pm on Tuesday to discuss the development.

At the end of the meeting, GEC sent this message to all members: “The GEC of NUPENG & PENGASSAN at its meeting of 8th March 2016, which started at 10:00pm has extensively discussed the pronouncement of the GMD on NNPC UNBUNDLING. We observed that the GMD/HMSP totally disregarded due process and failed to engage STAKEHOLDERS. Hence, from midnight today, ALL NNPC LOCATIONS will be SHUT DOWN COMPLETELY until further notice.

Further directives will be communicated accordingly.” When TheCable visited the NNPC headquarters on Wednesday, hundreds of the corporation’s staff littered the road causing gridlock on Herbert Macaulay way. Unionists in red were at the scene barricading the entrance to the NNPC building. Also, security agents were on hand to forestall break down of order.

A staff member of the NNPC, who spoke on condition of anonymity, told this newspaper that he was at the corporation’s building as of 7:30am on Wednesday but met “it barricaded by members of PENGASSAN.”

TheCable tried to speak with one of the leaders of the union, but he said: “We are not here for journalists. This is not for the press.” Kachikwu had said the distribution of subsidiary companies of the corporation would further be restructured into direct management of the divisions. Last week, Kachikwu announced that the government was planning to unbundle the corporation into 30 profitable companies.



https://www.thecable.ng/breaking-nnpc-shut-nationwide

1 Like

Politics / Re: Buhari Unbundles NNPC Into 7 Units by rolchi(m): 8:07am On Mar 09, 2016
Does these news companies, divisions, zones have executive powers to make commercial decisions or will they always go back to the Group MD, EDs for approvals above 200M NGN?
Politics / Re: Jonathan Wins African Leadership Magazine Man Of The Year Award by rolchi(m): 9:27am On Mar 07, 2016
Congratulations to Dr. Goodluck Ebelemi Jonathan on this award. May you continue to be the light in ensuring that democracy thrives in Africa and beyond. You are indeed a shinning light.

Respect!

166 Likes 16 Shares

Politics / Re: National Assembly To Buhari: Drop N500b Intervention Fund From Budget 2016 by rolchi(m): 7:19am On Mar 04, 2016
Animal Farm Budget....full of contradictions and confusions!

16 Likes 3 Shares

Politics / Re: Kachikwu: NNPC Back In Profit, To Be Broken Into 30 Firms by rolchi(m): 6:56am On Mar 04, 2016
NNPC in Profit

When non of the refinery is working, oil prices are down...so where is the profit coming from?

Kachukwu is a joker!
Politics / Re: Osinbajo: GEJ, Yar’adua Didn’t Build A Single Road. The Cable. by rolchi(m): 8:36am On Feb 27, 2016
kITATITA:

I passed through the East West Road two years ago and I saw serious work in progress. But it is not an entirely new Road.

Did you pass through the E/W Road 15 years ago?

Now, who will go to start building a "new" E/W Road when he can 'cheaply' remedy or upgrade or expand or dualize or repair the existing E/W Road?

Please, show just show us where a 'new' road is required to connect states in Nigeria?

Sir, when you hear that a road is being 'dualized', it means you are building a completely new traffic lane. Now consider it...what is it called, if not a new road?

2 Likes 1 Share

Politics / Re: Budget Padding: Ex-dg, 5 Directors Under House Arrest by rolchi(m): 8:20am On Feb 26, 2016
If this news is true, then PMB is vindictive and too overbearing. The govt said they were going to do Zero Budgeting. Were these men trained for ZBB? Were they provided the right tools to do the work? Were they given the necessary support? Where they given enough time to produce a ZBB budget?

ZBB is a very laborious process and time consuming as well. ZBB was introduced by President Jimmy Carter in 1977. Yes, it has it merits but many governments of the world and even the US abandoned it because it takes too much time and cost so much with a massive paperwork to put together.

PMB should take responsibility! There is no way that any 100% 'IQ' Nigerian can produce a ZBB Budget in Nigeria is less than 8-10 months! The govt of PMB failed in this regard. They should accept responsibility and put in place structures to ensure they get it right next time and stop all this face saving, half hearted measures. Arresting these gentlemen and ladies or even prosecuting them and jailing them will not scratch the surface of the main problem.

Meanwhile, I see that the EFCC is becoming a Political Bulldog.

PMB should note: what goes around, comes around!!!!

PMB move Nigeria forward...there are more pressing issues now.
Politics / Re: Sheriff ‘to Lead’ PDP For Three Months by rolchi(m): 8:16am On Feb 24, 2016
Thank God...I am happy. Cohesion is returning to our great party. We are re-positioning. The former ministers will soon be won over and under the big umbrella, the party will be re-built.

Welcome Mr. Chairman, HE Alhaji Ali Modu Sheriff. You have 3 months to prove your worth and if you do well, count me as one of your supporters, if you still decide to run for the post of Chairman during the National Convention.

Your main task now, is to re-build, re-position, recover our pride, rescue and re-structure.

Once again, welcome Sir

2 Likes

Politics / Re: Sheriff Still Under N300bn Borno Allocation Probe –EFCC by rolchi(m): 4:32pm On Feb 23, 2016
dubemnaija:
Fools


This maku of a guy is soo daft

My brother, it is not Maku oh but M gu...I don't even know the correct spelling...Magu or Mugu.

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