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Politics / Re: A Plea To Revive Ajaokuta Steel Company- Natasha Akpoti by rolchi(m): 4:23pm On Oct 09, 2015 |
Stevaz01: I will encourage you to go read and read and read. The simple FACT is: the price of steel has fallen world-over. Nobody will invest in Steel Production as it is in Nigeria. Ajaokuta Blast Furnance is OLD TECHNOLOGY. Delta Steel Company has been sold to Indians and yet, it is not working. The technology is also old. ALSCON has been sold too. Aluminum have even better prospects, however, gas supply and electricity is hugely required...wee are not there yet. No amount of protest will bring up the price of steel. There are heavy and deep advancements in Materials Science that steel in very large quantities to sustain our steel industry is no longer required. A lot of beneficiation still needs to be done on our ore at Itakpe as well as coal in Enugu. These things cost money. Your peaceful protest will bring nothing. If you are a graduate, focus your energy to develop yourself and become useful. Your Engineering knowledge is not lost. For your info, I graduated from FUTO and I studied Met/Mat. I now work as a Project Manager. Hola me in 10 years time, when your protest yields the expected revamping of our steel industry in Ajaokuta and Ovwian-Aladja as well as Ikot Abasi. Goodluck! 1 Like |
Politics / Re: A Plea To Revive Ajaokuta Steel Company- Natasha Akpoti by rolchi(m): 12:28pm On Oct 09, 2015 |
Stevaz01: Make una go read una books, forget this peaceful protest. A lots needs to be done before we can have a competitive steel industry in Nigeria. Have you not heard of China? 1 Like |
Politics / Re: Rivers Tribunal:drama As Police Makes U-turn by rolchi(m): 3:04pm On Oct 03, 2015 |
engrlarex: Which of the local governments? In Bonny LGA, it was so peaceful that we the electorates bought minerals and food for the Corper Inec Workers. Ask them. They have a Corpers' Lodge close to my PU at the Industrial Unit opposite Akul's House. The election in Bonny was so peaceful. All APC contestants in that election gallantly lost to the PDP! |
Politics / Re: Rivers Tribunal:drama As Police Makes U-turn by rolchi(m): 8:40am On Oct 03, 2015 |
I voted in Bonny LGA. My PU was peaceful and I stayed back for the counting. Wike won in all PUs in Bonny LGA but one! The elections in Bonny was so peaceful and tranquil that both APC and PDP supporters were distributing rice at my PU at the Inudustrial Unit opposite Henry's House (aka Akul) 3 Likes |
Politics / Re: Bloodbath: Bokoharam On Rampage, Invades Adamawa, Many Feared Killed-vanguardngr by rolchi(m): 7:30am On Sep 26, 2015 |
Omambala1: You may be correct, after all. I just cannot understand it too.... |
Politics / Re: Missing NNPC $20bn: Kachikwu Recalls External Auditors by rolchi(m): 7:26am On Sep 26, 2015 |
He wants to deploy technology. But, he does not know the cost of the technology. Media GMD! |
Politics / Re: DSS Is Done With Screening Of President Buhari’s Ministers - Daily Post by rolchi(m): 10:41am On Sep 21, 2015 |
So the DSS still went on to investigate Noise Makers? That is a pure waste of National Resources which at the moment is scarce due to the fall in oil price. 10 Likes 1 Share |
Politics / Re: Okonjo-iweala Joins Us Investment Bank by rolchi(m): 10:36am On Sep 21, 2015 |
hinwazaka: Spot on! You spoke my mind and two bottles of chilled Heineken Lager for you, my good friend! |
Politics / Re: Ministers Are Very Important And Not Noisemakers: A Reply To PMB by rolchi(m): 10:38am On Sep 17, 2015 |
Reptyle: The import of his message is simple: He doesn't want to appoint ministers. He doesn't need them. Thank God for the Constitution. PMB has just informed us that his ministers' opinion will be irrelevant after 30th September 2015. 1 Like |
Politics / Re: Ministers Are Very Important And Not Noisemakers: A Reply To PMB by rolchi(m): 9:37am On Sep 17, 2015 |
PMB goofed big time with this comment. Note, I am a proud wailer! |
Politics / Re: by rolchi(m): 3:47pm On Sep 14, 2015 |
victord1st: Bro, it is a New Dawn! |
Politics / Re: Buhari Bows To Pressure, Reverses Ban On 113 Oil Vessels by rolchi(m): 2:33pm On Sep 12, 2015 |
double0seven: When a man gives you a letter of undertaking, it means he has nothing to fear....PMB is wrong on this. He needs advisers NOW! |
Politics / Re: Tribunals: Rivers APC Allege Wike Is Set To Bribe Judges With N10bn by rolchi(m): 10:50am On Sep 11, 2015 |
APC Rivers should take it easy with propaganda. Even the judge(s) that will receive 10B Naira will never be able to escape the searchlight. The amount mentioned by the APC is so indecent that no one will ever believe them. They should stop reeling out figures as if it is sweat from an athlete's face! 30 Likes 5 Shares |
Politics / Re: N4bn Uncovered In 470 Accounts, Says el-Rufai by rolchi(m): 10:08am On Sep 07, 2015 |
The accounts were not hidden from government. They were all government money in different accounts. They just pooled all the resources into one account. If they were hidden, the commercial banks will not indicate it. Let's see how this will affect Private Sector in Kaduna State. May God help Nigeria and Kaduna State. |
Politics / Re: Yar'adua Makes Public His Assets by rolchi(m): 7:23pm On Sep 04, 2015 |
Politics / Yar'adua Makes Public His Assets by rolchi(m): 7:14pm On Sep 04, 2015 |
President Umaru Musa Yar'Adua yesterday made public "photocopies of his duly and honestly completed assets declaration form." The gesture was the first by any of Nigeria's helmsmen since independence in 1960. According to the details released to journalists by the Special Adviser to the President (Communications), Mr. Segun Adeniyi, Yar'Adua has a total assets value of N856, 452,892. These include a total of N19 million owned by the First Lady, Turai. His total liabilities being outstanding loans secured with the Unity Bank Plc, Imani Estate branch, Maitama,Abuja, is put at N88,793,269.77 The President's assets include remunerations, savings, campaigns, post-campaign contributions, buildings and vacant plots of land, farms and orchard, cash at hand and vehicles. The President disclosed that he has no foreign account or assets. The bulk of his assets were listed under the remunerations, savings, campaigns, post campaign contributions and 29 campaign vehicles located in Katsina, his home state and Abuja . All the assets are as they stood as at yesterday, 28 June 2007. The total yearly income is put at N18.7 million, while his wife has a total yearly income of N132,000. The release of the documents, Adeniyi said, is consistent with the President's campaign pledge. Yar'Adua gave assurance that he would work with the leadership of the National Assembly "to see what can be done to make assets declaration an effective weapon in the fight against corruption and abuse of office." Adeniyi said that the President released the documents in spite of the contrary advice of the Code of Conduct Bureau. "The President notified the Bureau of his intention to make the form available to the public in fulfillment of his campaign pledge, which was borne out of his conviction that the war against corruption cannot have meaning until those at the helms of affairs begin to live by example. The Bureau, while appreciating the noble intention of the President, counselled against the move on the grounds that such an action from the number one citizen would put pressure on other categories of public officers to do same, even when the constitution makes the exercise a confidential matter." Adeniyi continued: "The dilemma of the President in the last four weeks has therefore been where to strike a balance between the well-meaning concerns of the Bureau, and following his conviction that his campaign pledge to Nigerians is a solemn commitment. Having weighed the two sides, the President has come to the conclusion that since he will not be breaking any law, he cannot go back on his promise to the nation." A breakdown of the assets declaration shows that Yar'Adua has a total of N43,702,892.43 as cash at bank, being remuneration, savings, campaign and post-campaign contributions lodged with the Bank PHB. Details show that while a total of N26,602,681.00 stands as credit at the Bank PHB, Nagogo Road , KatsinaState branch; N12,000,264.21 is in the Apapa, Lagos State branch of the same bank. Also, a total of N4,999,947.22 is at the head office of the bank in Kaduna. The President declared N7.5 million as cash in hand. This was derived from savings, campaign and post-campaign contributions. The President declared a total of N88,793,269.77 as his liabilities, being cash in Nigerian banks as loans and debit at the Imani Estate, Maitama, Abuja branch of Unity Bank Plc (formerly Intercity Bank). These are in two accounts of N26,817,362.19 and another N61,975,907.58. Yar'Adua also declared a total assets value of N577,000,000 under buildings, vacant and undeveloped plots sections. This includes the Yar'Adua family compound at Yar'Adua Quarters in Katsina State , valued at N105,000,000. This was acquired through inheritance in November 1997. There is also a multi-storey building at A8 Wuse 2, Abuja with total value of N212,000,000. The land was granted by the Federal Government to him in 1988. Again, there is a duplex at Malali, Kaduna State with a value of N120,000,000. According to the President, the building, originally a three-bedroom bungalow, was a gift from his late elder brother, Major-General Shehu Musa Yar'Adua. There is another seven-bedroom duplex at 2, Lema Jubril Close valued at N90,000,000 that was built from savings in 1987. The President also declared that he has a vacant plot at Asokoro New Layout in Abuja valued at N50,000,000. This was granted by the Federal Government to him in 1998. He also declared two farms worth N25,000,000 in Katsin aState . They include the one at Ruwan Godiya in Faskari Local Council of Katsina State valued at N10,000,000. This was acquired in 1982. Another farmland and orchad is also located at Ajiwa, Batagarawa Local Council in Katsina State and is worth N15,000,000. It was acquired in 1993. Under shares, debentures and other securities in and outside Nigeria, President Yar'Adua declared that he has 2,000,000 units of shares of Habib Bank acquired in 1998 which is in the process of being converted to Bank PHB; 100,000 units of shares of Intercity Bank Plc also in the process of conversion to Unity Bank Plc and another 100,000 units of shares of Muradi Hotels Limited. While disclosing that he has vehicles worth N181,250,000, the President stated that he has 29 new cars worth N174,700,000 in both Katsina and Abuja that he described as campaign vehicles, adding that he owns a Honda Accord car worth N350,000 and a Mercedes Benz worth another N6,500,000. The President, who went a step further to declare the assets of his wife and First Lady, Hajiya Turai, stated that she has a total asset of N19,000,000 made up of three local houses worth N1,5000,000 acquired in 1998; one twin bungalow valued at N15,000,000 located in Kofar Kaura Layout in Katsina State acquired in 2002 and three vacant plots in Katsina acquired in 2003 worth N2,500,000. He also disclosed that household furniture in Katsina that he acquired when he was a director of Habib Bank is worth N3,000,000. The press briefing was Adeniyi's first at the Presidential Villa Abuja since his appointment about three weeks ago. He also disclosed that "the President is equally interested in discussing with the National Assembly leadership on the Freedom of Information Bill, which lapsed with the last administration, with a view to ensuring its quick passage in pursuit of his determination to instil transparency and accountability in the conduct of government business." Source: http://www.proshareng.com/news/2554/Yar-Adua-makes-public-his-assets-declaration 1 Like |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 1:32pm On Sep 04, 2015 |
LouisVanGaal: You have a point...but time will tell. God bless your hustle always! |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 1:26pm On Sep 04, 2015 |
brainpulse: Sir, I respect your experience. God bless your hustle. My Boss, I started my working career in WRPC in 2002. I have worked on NLNG Plants, including Maintenance and Construction. I have been on Akpo FPSO. I have worked on Gas Expansion Projects in Edo, State....all these I have done as a Project/Contract Engineer. Sir, You need above that 10M USD to rejuvenate fully the PHRC. May God help Nigeria |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 1:08pm On Sep 04, 2015 |
arsetalks: My Boss, I can bank my life on it, 100%. WRPC cannot work in 3 months from today. Quote me on this please. The FCC repair is a two months work as estimated. In the ND, there are rains uptil December. Customs issues, Welders' & Community issues and even NNPC paying up. WRPC will come up next year! |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 10:16am On Sep 04, 2015 |
Setaje: Exactly...thank God another person has seen that line. This GMD is talking too much, really! 1 Like |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 10:14am On Sep 04, 2015 |
LoveMachine: I am not a fan of PMB, however, I have not faulted his appointment of the new GMD. I am only pointing out that the man seems not to understand the refineries deep enough. He is talking too much as a Professional in the Oil/Gas. Notice that CEO/MDs of even IOCs do not go to the press often. No they don't. Believe me, for PHC to work close to installed capacity, you need lots and lots of money to invest in it. In another news, he has given WRPC a 90D ultimatum to come onstream. This isn't too good. Any Engineer who knows any of the refinery will honestly tell you that that ultimatum he gave is not correct. Do you know that a even small crack of 100mm length on a pressure vessel that you may not see with your eyes may shut down your plant and may take you weeks to find the problem? I am being sincere Boss...may Nigeria be better! |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 9:23am On Sep 04, 2015 |
LoveMachine: I haven't said so. But the ExxonMobil Vice Chairman is a Lawyer. Did you see anywhere where it was stated he ran a process plant himself? If PMB appoints me to serve, I shall gladly accept to serve my fatherland. Now, the GMD may be good in administration but not as an Engineer who has experience on the field. He needs to be taken through the process. Engineers need to seat him down and explain the process one by one. After all, engineers are not difficult to manage. Do you think so? Much respect Boss! 1 Like |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 9:19am On Sep 04, 2015 |
ba7man: Ba7man, have you ever handled any project in any Oil/Gas business? Now, depending on the type of plant, there are different materials, equipment, skills to manage. For example, if you want to work or replace especially the top section of the FCC Column , you need almost a 250 to 300T Crane. Then go to Sarens to find out how much it cost to only transport only the Counterweights not to talk of the Crane. This is the truth. Some of the steel required are not shelf material. They have to made specifically for you and the steel manufacturers will do that aafter they take your order and then schedule your quote. All these processes takes time and that itself means COST! Top of the day to you! 2 Likes |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 8:39am On Sep 04, 2015 |
LoveMachine: My dear LoveMachine, I appreciate your comments. It is frustrating to all Nigerians, especially to us who know the O/G Industry very well. For you to have a PHC Refinery that will produce close to full capacity, you need close to that amount of money. But the truth is that the government can not commit that kind of money. with less than 10M USD committed to the TAM of PHC, it will fail again soon. May God help us all and keep Nigeria moving forward. 2 Likes |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 8:35am On Sep 04, 2015 |
LouisVanGaal: Boss, his academic qualification is impressive, no doubt. But believe me, he is not as knowledgeable in running a process plant as the 'ordinary' operator who sleeps and wakes up in the plant. Boss, with all due respect to you and who you are, I still submit that this man comes across as a "Media" GMD...only time will tell. Top of the day to you, may God bless your hustle! 1 Like |
Politics / Re: Hameed Ali Shows Up At Customs HQ, Wants To Serve As Sole Administrator by rolchi(m): 7:59am On Sep 04, 2015 |
PassingShot: Na wa oh! |
Politics / Re: Kachikwu Gives Warri Refinery 90-day Ultimatum by rolchi(m): 7:48am On Sep 04, 2015 |
tete7000: Exactly my point when I commented on another thread yesterday about this visit to PHC Refinery. This man is a media GMD. I know Warri Refinery very well and in another 3 months, even the FCC cannot be fixed! He may be an intelligent lawyer but not an analytical engineer in the moulds of men like Dr. Jackson Gauis-Obaseki. 1 Like |
Politics / Re: Why Marilyn Ogar, Was ‘Sacked’ - Premium Times by rolchi(m): 5:10pm On Sep 03, 2015 |
meforyou1: Complete Junk! As in the "junkiest". 14 Likes |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 3:30pm On Sep 03, 2015 |
arewafederation: Boss, I mean no disrespect! This current GMD comes across as someone who does not know about refining business and Engineering Project Management. His communication line does not exude confidence about the system. Trust me, I am not impressed with his media talks so far and I hope we will know more in the future. Respect, Boss, respect!! 1 Like 1 Share |
Politics / Re: Kachikwu: We Saved $287m In Port Harcourt Refinery Turnaround Maintenance by rolchi(m): 2:43pm On Sep 03, 2015 |
patrick89: Exactly...he is a Media GMD! He is talking too much. If you read the article well, you will agree with me that he doesn't know much about the business of refining. 7 Likes |
Politics / Re: How "My 100 Days Convenant With Nigerians" Went Viral Without Buhari's Approval by rolchi(m): 1:19pm On Sep 03, 2015 |
In other words, PMB Media Handlers are lying or....In fact, whom do we believe? 16 Likes 1 Share |
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