Sayso's Posts
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ObiOmaMbu:you are a demonized bastard kemi, your fiance should have cut you in pieces and use your meat for food. |
Arsenal vs C palace
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NOI, you went to world economic forum, went to CNN in quest program, you went to Vatican to see the holy father, presenting yourself as an intelligent and pious person but after running an economy of 2.1million b/d with oil price of over $102/b, yet you could not save up to $ 30b into the foreign reserve after over 8 years? Madam due process you are a disgrace to Nigeria and need to apologize to the suffering masses. |
all the time, hire,engage,in discussion, I promise you. what do they know about oil exploration? Northern governor my ass. |
The Nigerian state, during the five-year Presidency of Goodluck Ebele Jonathan, earned a total of N51 trillion from petroleum resources. The money is part of the N96.212trillion the country earned in 58years of crude oil sales, Vanguard reports. The figures are the outcome of research by Sunday Vanguard, relying on documents from the Petroleum Inspectorate, NNPC, CBN Annual Report and Statement of Account, Nigeria Bureau of Statistics and the Nigeria Extractive Industry Transparency Initiative (NEITI). The huge earnings, since 1958, have however translated to little or no improvement on the welfare of the citizenry, especially the people of the oil-producing areas, whose environment – land, water and air, has been adversely contaminated and, in many cases, devastated and polluted. The luckiest of the Nigerian leaders according to the report is former President Goodluck Jonathan, whose administration in five years, between 2010 and 2015, earned about N51 trillion from petroleum resources. Since he came to power on May 29, 2015, the President Buhari administration has so far been able to earn just about N6 trillion from crude. http://energymixreport.com/nigeria-earned-n51trillion-crude-oil-jonathan/ |
I just want to bring this to the knowledge of the DPR in Warri zonal office of the ripping some of the marketers in petroleum products are practicing in Warri. FORTE OIL FILLING STATION at airport junction on Effurun/Sapele road is selling PMS at N110.00 but an adjacent filling station Oando filling station sells at N86.50. DPR send in your monitoring people and save the suffering masses from this wicked people. @Mod please send this to the relevant section so that the people concern will see it and take action. |
chizby:maize,beans,soya beans,millet,cotton seed,groundnut, |
People I need an agric produce export company contact in nigeria for different grains. Supply capacity is 30tons per 2weeks. Please call 09098223518 kennedy for more informations. |
I need a Fiat Ducato for immediate purchase, presently in lagos.preferable 2004 upward. Please contact 09098223518,08036629833. Thanks for the lucky seller. |
Any interare in cocoa beans? I have a source for cocoa beans up to 100MT available for buyers. If interested kindly send details to cecene.nigeria@gmail.com,communication can start from there. |
Can you state your prices for easy interest. |
jethro2:madam please can you get me a vegetable agent number in mile 12,to discus what is needed at anytime. Cecene.nigeria@gmail.com. |
Is the radio still on?so that woman lied to to the president? Talk of competence and she is still a staff of NBC? Shit is happening in nigeria. |
Is it not these incompetent fools at the house shouting nay will go for refinary inspection and will come with report that the boilers are working fine?what do they all know about the oil industry than bring money to share. Fools @ the house.fight corruption and corruption will fight you back. DAM if anything shaped the industry for a better nigeria but peeps here will never know. Somebody mentioned SLS is clean,that is rubbish the north royalty has always been insulated in this country. |
Congratulation op |
ifedubatoochukw:all you said means nothing,he said the command center not central command center. |
if you like waka 4 streek with only pant on. Nonsense. |
Okonjo-Iwela directs SURE-P to terminate pact with firm.” PUNCH, May 15, 2015, p 9. In one of her last face-saving measures, Dr Ngozi Okonjo-Iweala, the Coordinationg Minister for the Economy, CME, “directed the immediate termination of the partnership between the Subsidy Reinvestment and Empowerment Programme and Forcecom Networks Limited on the Graduate Internship Scheme.” *Finance Minister, Ngozi-Okonjo-Iweala *Finance Minister, Ngozi-Okonjo-Iweala Even before reading the story to the end, something told me that it was another contract given to one of “our brothers” which now threatens to put everybody in trouble when the new government takes office in June. And sure (pardon the pun) enough, the Managing Director of Forcecom Networks turned out to be one Paul Okafor, who allegedly “coerced the interns to sign an undertaking to pay N7,500 out of their monthly stipend for training with the Lekki Business School.” “She also alleged that the company fraudulently convinced the graduates to register in January 2015 but set their hire date as November 2, 2014.” Earlier on after asking security agencies to investigate the firm, “she also accused the firm for presenting time sheets, which showed that the interns had worked and requested payment of their monthly stipend when they did not work.” On the face of the allegations made by the outgoing Minister, what emerges is a case of the Ministry engaging a firm for serious national assignment without asking the security agencies to conduct investigation first. That paints the Minister as a most careless individual in high office. The obvious question one should ask is: how was Forcecom selected in the first instance and handed a multibillion naira contract without conducting due diligence regarding its competence to undertake the assignment and the character of its leaders? Specifically, who recommended Forcecom for the assignment and why? We will return to this matter later because it is a demonstration of a character trait which the outgoing Minister apparently possesses but which we have all overlooked all along. An attempt to obtain information on Forcecom Networks Limited on the internet ended in a blank website, but, which certainly had only recently been erased. Forcecom Networks Limited obviously has a lot to hide. It would have amounted to a waste of valuable time to try and Google Paul Okafor. That makes as much sense as searching for Bello in Ilorin or John Smith in the New York telephone directory. However, Mr Paul Okafor of Forcecom and his accomplices in what appears like several crimes can run but they cannot hide. The media will find them –not to persecute them but to help them tell their own side of the story. What the Minister, apparently in panic, had presented as a simple case of several attempts to defraud the Federal Government and the beneficiaries of the Scheme might actually be part of a grand design to rake off funds by politicians – using Forcecom as a front. It is inconceivable that Forcecom can act alone without assurances of protection from powerful individuals. Nigerians want to know the powers behind Forcecom which guaranteed the company immunity, before the result of the Presidential Election, in March, exposed everybody, including the Minister, to prosecution. That is why Mr Okafor should not run or hide. As for the Minister now blowing the whistle, two facts about her have escaped notice for a long time. As mentioned above, something told me that one of “our brothers” must own the firm. Dr Ngozi Okonjo-Iweala ran the Ministry of Finance as if the Federal Character principle never existed until after the elections. The Chief Executive Officers of AMCON, Debt Management Office, NEXIM, Securities and Exchange Commission (SEC) were all from the same zone of Nigeria; so is the Governor of Central Bank of Nigeria (CBN) – whose appointment she must have influenced. No other Ministry had been so one-sided. For her, equity be damned. Incidentally, that was what happened on her first tour of duty as Finance Minister. That Forcecom, now being accused of frauds, belongs to “our brothers” and was not subject to due diligence merely recalls what Governor-elect, El-Rufai, wrote about her (Thanks to Prof Ikiriale of SUNDAT PUCH for the reminder): “Ngozi had very good relationships with all manner of politicians… and she indeed had excellent relationships with some of the ‘corrupt’ legislators and governors many of them whom the rest of us would not say hello to… A few contradictions that irked us were persistent rumours that her brothers were doing deals in the Ministry of Finance and making money.” (Nasir El-Rufai, in THE ACCIDENTAL PUBLIC SERVANT, page 177). El-Rufai’s book had been in circulation for more than two years and Okonjo-Iweala had ample time to refute the statement. Can silence mean anything? More recently, the Minister of Finance had exhibited conduct which called her professionalism into question. No Treasury Secretary (Minister of Finance) in the USA, where she went to two universities, would attend a campaign rally of the President he/she serves. Ngozi not only did, she was totally oblivious of the fact that she was a public servant – meaning servant of all Nigerians, not PDP. That again is another reason Paul Okafor should not run away or hide. She who comes to equity must come with clean hands. It is doubtful if the Minister’s hands are clean – even on this matter. http://www.vanguardngr.com/2015/05/another-genius-fails-nigeria-okonjo-iweala-1/#sthash.yYqLtStw.dpuf |
When in late 2013, Lamido Sanusi, then Central Bank governor wrote to President Goodluck Jonathan asserting that about $20 billion was not accounted for by NNPC, many Nigerians dismissed the claim with a wave of the hand. The Federal Government, incensed by the claim, appointed an audit firm to carry out a forensic audit of NNPC account. Lamido Sanusi Lamido Sanusi The report has passed a verdict that no money was actually missing. In fact, an audit report will always come out with the fact that no money is missing. Many still do not understand the basis on which Sanusi and in more recent time, Professor Chukwuma Soludo, Sanusi’s predecessor, accused the NNPC of billions of dollars leakage from the federation account. In real terms, these figures are not found in any books nor can they be found lodged in any account. They are equally not imaginary figures. They are broad estimates of what the nation has lost as a result of the use of discretionary powers by the powers that have held the nation hostage for years. For years now, stealing of oil from pipelines has been rampant and quantifying the amount surely is in the region of billions of dollars. But each time, the government pleads helplessness. How can a nation’s major source of revenue be allowed to be under the control of known thieves? Yet, a country that has a viable navy came out to tell the world that rogues are stealing oil. Are these thieves ghosts, and the vessels they use both invisible and invincible? A look at the revenue profile of Nigeria reveals mounting waste, mismanagement and cash ‘leakages’ in Nigeria’s oil industry. Those who are conversant with developments in the Nigerian oil and gas industry will agree that there exists billions of proceeds of unaccounted for oil contracts, confidential government letters, top private government correspondence and legal opinions. Nigeria has been suffering from financial hemorrhage and the high rate of cash leakage has resulted in the dire straits the economy has found itself today. There are three key observable mechanisms in Nigeria through which some privileged few allow middlemen to channel oil funds away from the country. Among those involved in this act are government officials and high-flying society figures. The three mechanisms are contracts awarded non-competitively to companies that did not supply services but sub-contracted the work; a kerosene subsidy that doesn’t help the people it is meant to help; and a series of complex, unclear ‘swap deals’ that has short-changed Nigerians. It is common knowledge in the industry that the 2011 sale by Royal Dutch Shell of its interests in five oil fields were fraught with under-the- table deals. The blocks were majority-owned by NNPC. *Prof. Chukwuma Charles Soludo *Prof. Chukwuma Charles Soludo According to Reuters reports, Shell sold its interests in the fields to companies in Poland and Britain. But the new owners did not get the same rights Shell had. To promote local control, the NNPC gave the rights to operate the fields to its own subsidiary, the Nigerian Petroleum Development Company (NPDC). Without soliciting bids, the NPDC signed “strategic partnership agreements” worth around $6.6 billion with two other local firms to manage them. In this deal, Seven Energy signed for three fields; and Atlantic Energy, for two. Seven Energy was co-founded in 2004 by Kola Aluko, an oil trader. Aluko also co-owned Atlantic with Jide Omokore. Atlantic was incorporated the day before it signed the deals. Geneva-based Aluko is a high-profile member of Nigeria’s elite. Omokore has also become rich from oil and gas. Forbes has estimated annual revenue at another of his companies, Energy Resources Group, at $400 million. A review of the contracts the firms signed with NPDC showed that NNPC gave Seven Energy 10 per cent of profits in the three oil blocks it operates, while Atlantic gets 30 per cent of profits in its two blocks. The contracts also show that unlike Shell, neither firm pays royalties, profit tax or duties to the Federatio Account. Here is another of the leakages. The third cash leakage is a decades-old subsidy regime provided to retailers of kerosene. Nigeria lacks the refining capacity to make kerosene, so it imports instead. The government then sells the kerosene to retailers at a cheaper price than the import price. This subsidy is meant to make kerosene affordable to the poor. In June 2009, late President Umaru Musa Yar’Adua ordered a halt to the scheme on the grounds that it was not working. But the subsidies continued regardless. The kerosene subsidy is a “racket” that lines the pockets of private kerosene retailers and NNPC staff. The cost of the subsidy is estimated at $100 million a month. The fourth leakage involves other types of refined petroleum products such as gasoline. Like kerosene, this is also imported. To pay for the imported products, Nigeria barters its crude oil. These barter exchanges are known as ‘swap deals.’ The idea is that importers who bring in refined fuel worth a given amount, receive an “equivalent value” in crude oil. How that equivalent value is determined is unclear. It is estimated that between 2010 and 2011, traders involved in swap deals effectively bartered 200,000 barrels of crude a day — worth nearly $20 million at average crude prices over the period — for a loosely determined equivalent value in refined products. These traders only account for petrol. The others such as diesel and kerosene are not accounted for, but subsidy is paid. It is the aggregation of these leakages that in the mind of an economist, amounted to the estimated billions of dollars that are not accounted for. Nigeria is a farm for the privileged few; ask me again if any money is unaccounte http://www.vanguardngr.com/2015/02/sanusisoludo-where-to-find-the-unaccounted-billions/#sthash.X0vheN3J.dpuf |
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For you fun this friday job seekers.
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searching4lovee:is that you? |
THE Nigeria Labour Congress ,NLC, the apex labour organisation for all workers, announced five months ago, that 11 state governments had not paid December salaries to their workers. The President of the NLC, Mr. Abdulwahed Omar, who made the comment in an ‘End of Year Message’ stated that three of the states, Benue, Plateau and Osun, were also owing between three to eight months workers’ salary arrears. In fact, most states owed workers salaries. Citizens carried the yoke of debts, which have not translated to any improvements in their lives. They thus, live continuously in hard times. The Debt Management Office, DMO’s external debt figures, without adding domestic debts, show Lagos as Nigeria’s most indebted state with $1.17 billion debt, followed by Kaduna with $234 million debt, Cross River ,$142 million, Edo $123 million, Ogun $109 million, Bauchi $88 million, Katsina $79 milllion, Osun $74 million, Oyo $72 million, and Enugu $69 million. The states that are least indebted are: Taraba N4.56 bn, Borno N4.61 bn, Delta N4.85 bn, Plateau N6.19 bn, Yobe N6.25 bn, Benue N6.62 bn, Abia N6.76 bn, Zamfara N7.11 bn and Kogi N7.16 bn. Osun State is one of Nigeria’s poorest states, but it ranked 9th in the list of the most indebted states in the country. One of its debt-accumulating activities was the N11.4 billion sukuk, which made headlines in 2013,but left the state with several projects abandoned and workers’ salaries left unpaid for months. In spite of this, the Osun State Governor managed to retain his seat in 2014, elections, exposing the weakness of Labour, in that state. Our politicians have deliberately whittled down the power of Nigerian Labour, by compromising them one way or the other, in order to continuously deceive the people. These Governors who owe workers salaries, rushed into Bonds and debts, and by so doing pledged the future of their states, as they would repay these debts over long time. They recently visited the President Elect, asking for money to pay salaries, but knowing that hard times awaits him too, Gen. Muhammadu Buhari GMB, was not enthusiastic with their requests. Some of them will have realised that hard times have come, but almost all of them, including those who could not pay salaries will try to carry on with expensive and wasteful lifestyles, hopping around in chartered flights, with endless convoys on the roads, and long list of irrelevant aides, while passing the burden to the citizens. A Governor that refused to pay the salaries of workers in his state had no justification whatsoever to receive his salaries, hence Benue and Plateau workers succeeded to push their Governors out, while the rest managed to stay put. Life should be made very uncomfortable, for any Governor, who dares to owe workers a dime, in any month. He should be rejected by workers from that same month. All his deceitful events should be shunned by workers, and information about his financial dealings and life style should be exposed to Lawyers who will drag him or his acolytes for investigations. Since these governors are likely not to cut their costs, they will pass the weight and burden to citizens through all sorts levies, and licenses in the name of Internally Generated Revenue, IGR. They will unleash suffering through things like Cow, Sheep, goat, food, water borehole, Vehicle Driving and Training, TV, Radio, Motorcycle, bicycle, parking, gutter cleaning, and house repainting, and Peper-soup joint fees and licenses, to generate revenue. Now that they have won elections, these Governors will re-introduce all those things and enforcements, on roads and streets that infuriated citizens, which they kept at bay during campaigns. It is feared that austerity measures may be unleashed on the citizenry which could further aggravate the suffering of the ordinary worker. The incoming government does not seem to offer any encouragement to us, with their daily complaints of empty treasury, and huge debts they will inherit, etc, leaving some to wonder if they do not realise that Nigeria expects them to come and effect change. Governors will slap themselves on the wrist with reductions in one or two freebies, and call it ‘sacrifice’ and then slam full sufferings on the people. GMB may therefore have to look inwards and cut some costs such as the Presidential Fleet, the cost of running the State House, reduction in the number of aides who add no value to governance, taxing the rich, etc. The Excellences, should agree on a template of Aides, staff and convoys, across the nation, to cut wastefulness in governance. Already, workers continue to bear the brunt of the devaluation of the Naira. Yet, we provide our own water, electricity, houses, with no good roads,no good transport system, no good health care delivery, security leaves a lot more to be desired, we spend hours in traffic snarls, now, with no petrol to run our cars etc. The weight of additional austerity measures with its attendant retrenchments will be too heavy for Nigerian workers, and many of them will just die under the pressure! Austerity will fuel corruption as people will try to survive, and it will lead to an increase in crime rate. Instead, moneys should be recovered from Governors, Senators, and Political appointees, who have enriched themselves, through bargains. The public should be involved through a reward system, to expose crimes and stealing by former and incumbent leaders. From News paper reports, over 12 ex-governors who won senate seats in the March 28 election, and 3 incumbent governors have cases of corruption ranging from misappropriation of public funds to money laundering hanging over their necks. We don’t need to look too far, as corrupt persons can be identified by their lifestyles before and after holding an office in government. The EFCC, ICPC,and Police,should be funded, and encouraged to achieve recovery of 90 percent of stolen monies from leaders, than jail terms, through reward system for target recoveries. If the change Nigeria have voted for will include proper fight against corruption, then some of these Excellences should be considering alternatives which may include to abscond ! Let’s watch the http://www.vanguardngr.com/2015/05/his-excellency-may-soon-be-on-the-run |
Watching them |
grayht:is that you? |
just listening |
rubbish |
stupidity at its peak.Stupid children |
Abuja pastors has changed position.Money and position know no bound.Where is other ones? |
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