₦airaland Forum

vedaxcool:
[s][/s]

sir act like an adult capable of reasoning, which is your problem?

1. The list is fictitious, not real.

or

2. The list is real but what has PMB used the recoveries


Wailing zombies should be able to argue coherently not like drunken masters like father Jogogoro.

aieromon:
What word would you prefer they use? As it stands,those assets are under the custody of the FG until the court decides otherwise.

vedaxcool:
[s][/s]

You seem saddened that your bosses are being hounded, if they wanted to decieve the public they would simply not indicate that under interim .... these are the recoveries made they would simply give a lump sum and state they have recovered all of this. The liars sir are the thieves and their cursed supporters who seek to fool all Nigerians into thinking no fraud happened.

plaetton:
Exactly.

Did you notice that they also included yet to be received Abacha loot, $321m as part of their recovered assets ?

It should really really worry most us when the government deliberately plays abracadabra on the Nigerian public.

What a shame.

aieromon:
That is a personal view by the journalist who wrote the article. An official statement was released by the Ministry of Information. I need you to quote the part of the official statement that said the FG had recovered N3.4 trillion.

aieromon:
Kindly provide a link where the FG said they have recovered N3.4 trillion.

28. Where-.
(a) the assets or properties of any person arrested for an offence under this Act has been seized; or
(b) any assets or property has been seized by the Commission under this Act, the Commission shall cause an application to be made to the Court for an interim order forfeiting the property concerned to tilt: Federal Government and the Court shall, if satisfied then there Is prima facie evidence that the property concerned is liable to forfeiture, make an interim order forfeiting the property to the Federal Government.

You are spreading misinformation and I suspect you are being paid to do so.

QuotaSystem:
That is the nature of calculated risk. If the required rate of return outweighs the risk in the absence of less risky alternatives, then operations remain feasible. That's why they've still not completely left.
Dangote on the other hand, has less risky alternatives in the SW which makes investing in the SS or SE less attractive.
I hope this elementary business logic isn't too complex for you to digest, regardless of your obstinacy.

QuotaSystem:
Smh. You aren't making any sense.

arewafederation:
So ideally, raw materials for refineries are more abundant in the SS, but he chose not to locate it there.

You seem to also forget that there are Ports in the SS which can be used for moving products in and our of the country. Why can't they be depended upon?

QuotaSystem:
No serious businessman invests based on chance, but calculated risk.

Stop arguing, you're starting to ridicule yourself.

QuotaSystem:
But Chevron's facilities which are currently being destroyed by Ijaw terrorists were not guaranteed and protected by Government because they were from Mars?

Go and play with your colouring book.

arewafederation:
If that is the case, why didn't Dangote build his cement company on Lagos but chose Obajana?

patrickmuf:
What's your beef with Lagos state?

QuotaSystem:
This guy has lost the plot.

arewafederation:
Part of the reasons that make it the biggest market in W Africa is the relative peace and stability.

Who would want to make such investment in the highly volatile ND?