₦airaland Forum

Fhemmmy: That for sure will not get you a business class visa into Canada . . .

It won't..wats d minimum pls

ChriGo: Any one heading to Lambton College for January Intake ? ITPP....Pls lets click

I am..biz mgt, wats is itpp

Maximip: Applied with U. of British Columbia, just got U. of Alberta

Pg or ug and wich course

Fink alberta is cool..pple say bc is quite expensive dunno abt alberta, bt I knw there are jobs in AB

humanshado: Please is there anyone in the forum who is presently at University of British Columbia? I just received my admission letter for a PG programme starting in Jan 2014. I need first hand info on the city from a Nigerian student perspective.

Congrats bro d school is Highly rated and good weather..bt I fink living cost is above average in BC

earthgreeners: NO...but I have a scholarship worth $4,000...meaning if CDHC tell me to pay Tuition, I wld only need to pay $4,800

Fink its fyn then

earthgreeners: Bros, I don dey near submission...I shld submit my application by 7th or 10th June...I know I'm late, but I think it's worth throwing the dice...I beleive if my application is tite enough. The worst CDHC can do is to tell me to come with a new date...

My point of doubt here is:

I gat a co-sponsor who works in a Bank + av just 800,000 in his account..annual income of 8,500,000 (Single)....

My main sponsor is also my brother (self employed) with about 4M....Married (1child)

Hope its okay adding dis co-sponsor with dat balance

Tuition - $8,800
Living expenses - $12,000

Have u paid tuition

[quote author=2-chains]Just reported u[/quote]Hmmmmm

Tolu Papaz: Hello, anyone writing on the 14th of June?

Am with u bro..8:30am

joboy834: Yea, I was asked that

Pls wat was ur response and I sent u a pm

ABBEYXCELL: Yeap!! I was asked too.

Pls wat was ur response

cmega123: I put N200, 000. The position we are applying for is kinda confusing...

Lol..rily confusing bt wat did u put and hw much is their actual pay

Pls wat position are we applyn for and wat did u put in d salary expectation

Yh tell him..I just laffed and ignored wen I saw d last paragraph

earthgreeners: Tuition
-State your tuition fee for 1st year
= 22,500

Room and Board
-You can omit this part, since you are not sure of an exact amount

Amount available
-Your Tuition fee plus $10,000
= 32,500

Never you repeat that last paragraph of ur post.....

Replied

freshdude: Sent u a message.!

movein: I received my admission letter today but my tuition fee na Ghen Ghen $17,000 + living expenses $10,000 = $27,000 .. O'heavy gan oo ..lol.. I am ready to storm the embassy soon but i need to know if it's mandatory for me to include my NYSC Certifcate coz m still serving.

Na real ghen ghen oo..which sch and wat level of study

Huzzie: Nothing yet, i would mail them today to enquiry about my status, How far with yours?

Hey I just received my application letter from lambton today - global biz magt..january start, I aPplied mysef, ..I received admision letter in 3days..wonder y I no do college sinx..I 4 enta canny ds year too oo

joboy834: U knw I told u dt acctng/economics guys have mny ?s to answer compared to non-finance disciplines. Mine too was thug-of-war. I was virtually asked all questions pertaining to kpmg exp. And was really drilled and asked a lot of ?s. It lasted for more dn an hour. A lot behavioural issues in audit were asked from me, and as well as my project. Guy abeg call me on 08125394500

Wow!!! *digs out sch project (monetary policy, capital accumulation and output in the Nigerian Economy)June 14th is ard d corner #whew

Roliks09: I really like the way this thread has developed. I see real friendship being formed. Cool to see people are actually meeting the faces behind the anonymous user names. All the best to everyone again. And thanks for all the tips.

Lol what did u eventually analyse

The draft revised version of the Petroleum Industry Bill has finally
been presented to the National Assembly and will hopefully be passed
into Law without the necessity of any further amendments.

The process was started in 2007 by the government of former President
Olusegun Obasanjo on a realization that there was an urgent need to
completely overhaul the oil and gas industry given the wanton
ineptitude and gross inefficiency inherent in the system and
especially in the operations of the Nigerian National Petroleum
Corporation (NNPC), which rendered it incapable of meeting the
aspirations for which it was set up.

It is pertinent to note that the NNPC’s broad objectives included
amongst others; participating in all stages and areas of the upstream
and downstream energy sector; participating on behalf of the Federal
Government in petroleum activities; performing regulatory functions;
engaging in activities to enhance the petroleum industry with an
overall mission to drive Nigeria’s economic and technical advancement,
leveraging the country’s valuable petroleum resources.

The NNPC became a hydra headed monster, performing the roles of
regulator, operator, buyer and seller of oil and petroleum products
and also a service provider. The consequence is an oil and gas
industry that is bogged down by excessive government interference,
bureaucracy, non-market pricing regimes, gross corruption and poor
management.

The former President Obasanjo set up the Oil and Gas Reform
Implementation Committee (OGIC) to make viable proposals on how to
overhaul the system with a view to making NNPC more efficient in its
operations as a commercial entity. The findings of that committee were
not implemented to the letter.

The administration of former President Musa Yar’Adua continued this
process by setting up the Lukman panel to address the plethora of
issues that plagued the industry and importantly to define the legal
regulatory and institutional framework that will govern activities in
the industry especially the operations of the NNPC with a directive to
maximise Nigeria’s interest. The report formed the basis of the first
Petroleum Industry Bill of 2008.

On coming to power, President Goodluck Jonathan followed the footsteps
of president Yar’Adua to drive the reforms in the sector and create an
industry that will usher Nigeria as one of the most industrialized
countries in the world by the year 2020. The policy objective is to
create an industry whose operations are transparent, highly efficient,
corrupt free, competitive and in conformity with international best
practice. There is also a policy goal to maximise Nigeria’s interest
from the exploitation of its hydro carbon resource.

The draft PIB repeals all existing laws and regulations governing the
industry and is a comprehensive law governing all aspects of the oil
and gas industry enshrining the principles of transparency,
efficiency, competition and above all national interest.

The first part of the Act deals with objectives which are stated as follows:
•Create a conducive business environment for petroleum operations;
Issues:
This objective captures the need to create an enabling environment
for investors and investments in the country. It is pertinent to point
out that this will only be actualized when the current security
challenge in the country is effectively contained.

• Enhance exploration and exploitation of petroleum resources in
Nigeria for the benefit of the Nigerian people;
Issues:
This objective makes the exploitation of the hydro carbon resource
for the benefit of the Nigerian people a cardinal principle given the
fact that the Nigerian people have not derived any significant benefit
from oil operations since commercial discovery in 1950. It is hoped
that the structures and institutions put in place in the new law will
drive this objective.

•Optimise domestic gas supplies particularly for power generation and
industrial development;
Issues:
This is in line with government’s interventionist approach to
stimulate gas supply obligation to ensure that there is supply to meet
growing domestic demand projected to grow to 2 billion cubic feet per
day of gas by the end of 2011.

•Establish a progressive fiscal framework that encourages further
investment in the petroleum industry whilst optimising revenues
accruing to the Government;
Issues:
This seeks to strike a balance between investor and host government
interest, given their diametrically opposing interests. For the
investor, a fiscal regime that guarantees rewards commensurate with
risks is vitally important while the host government seeks to maximize
its revenues from oil and gas operations.

•Establish commercially oriented and profit driven oil and gas entities;
Issues:

This is in line with the full commercialisation of NNPC to operate as
a limited liability company with a profit driven mandate which will
lead to good governance and high efficiency
• Deregulate and liberalise the downstream petroleum sector;

Issues:

This is a welcome development to rid the downstream sector of
government interference, stem fraud and corruption and introduce
competition. It is hoped that government will demonstrate the
political will to completely remove subsidy.
•Create efficient and effective regulatory agencies;

Issues:

The bane of the industry includes gross inefficiency, weak regulatory
institutions, endemic corruption and overall poor management. A new
face of the industry with high efficiency and effectiveness of its
regulatory institutions is certainly welcome. It is hoped that the
institutions created under the Act will deliver on this objective.
•Promote transparency and openness in the administration of the
petroleum resources of Nigeria;
Issues:

This objective if implemented will institutionalize international best
practice and boost investor confidence.
• Promote the development of Nigerian Content in the petroleum industry
Issues:

As I stated in my recent analysis of the Nigerian Content Act, the PIB
is a superstructure upon which the Nigerian Content Act is based. The
PIB and LC Act are therefore mutually inclusive and coterminous. The
PIB in supporting the Act confers the same benefits as the NC Act and
provides for those categories of contracts which now fall within the
domain of Nigerian indigenous companies and also for the training and
participation of Nigerians in all aspects of the oil and gas industry.
• Protect health, safety and environment in the course of petroleum operations;
Issues:

The protection of health, safety and the environment has become a
central focus of oil and gas operations globally and continues to be
on the front burner. There is provision for the early remediation of
health, safety and environmental problems and an obligation on all
operators to develop environmental management plans as well as pay
compensation for damage to the environment.A very welcome development
that will check environmental degradation especially in the Niger
Delta.

•Attain such other objectives to promote a viable and sustainable
petroleum industry in Nigeria.

Part 11 of the Act establishes key institutions.

• Petroleum Technical Bureau – Section 9.
This is a special unit in the office of the Minister and shall
consist of professionals with expertise in the upstream and downstream
sectors of the petroleum industry. It replaces the former Frontier
Exploration Services of NNPC. Functions include: to provide technical
and professional support to the minister on matters relating to the
petroleum industry amongst others.

• Upstream Petroleum Inspectorate – Section 13.
This replaces the former DPR, with the objectives to promote the
efficient safe effective and sustainable infrastructural development
of the upstream sector of the petroleum industry amongst others.

Its functions include: to administer and enforce policies, laws and
regulations relating to all aspects of upstream petroleum operations
which are assigned to it under any law. It is also to enforce
compliance with the terms and conditions of all leases, licences,
permits in respect of upstream petroleum operations amongst others.

Issues:
This function clearly overlaps with the functions of the Nigerian
Content Development and Monitoring Board and may result in conflict in
carrying out their duties. It is hoped that the two institutions will
work harmoniously.
• Downstream Petroleum Regulatory Agency – Section 43
It takes over the functions of the Petroleum Pricing and Regulatory
Agency and the Directorate of Petroleum Resources. Its main function
is to administer and enforce policies, laws and regulations relating
to all aspects of downstream petroleum operations as may be assigned
it by law.

• Petroleum Technology Development Fund – Section 73.
S. 76 states that the purpose of the fund shall be for training
Nigerians to qualify as graduates, professionals, technicians and
craftsmen in the fields of engineering, geology, science and other
related fields in the petroleum industry and in particular and without
prejudice to the generality of the foregoing, the funds shall be
utilized inter – alia to (a) provide scholarships and bursaries,
wholly or partially in universities, institutions and in petroleum
undertakings in Nigeria or abroad.
Issues:

Note that this law is saved in the new Act. Its key function is to
apply the Development Funds for development of petroleum technology,
capacities and capabilities or the training and education of Nigerians
in the petroleum industry.

It is hoped that there will be a transparent, equitable and just
system that ensures access of qualified Nigerians to the Fund.
Equally, it is expected that the Funds will drive Research and
Development and capacity building in the industry and Nigeria as a
whole thereby serving as a catalyst for Nigeria’s technological and
economic development. The Nigerian Content Development and Monitoring
Board must of necessity work closely with the Fund to ensure maximum
success.

•Ms Obua, a solicitor with over 20 years experience, is from the
University of Dundee. She practices in the UK and also a partner at
EN&N Legal Practitioners Victoria Island Lagos and can be reached at
efuru@ennlawfirm.com/ eobua@hotmail.com

earthgreeners: Nope, I'm trying to throw my best cards...you know my letter came late..and my to get certain docx especially from sponsors can be so frustrating

Oo rily, b fast abt it..God has already gone ahead of u don't worry, wat route r u planning

freshdude: In vac now. U have gotta see the crowd at the gate. Why aint they let us in.. Is freaking 9:34 for crying out loud. See wetin public holiday cause.

Pls reply my pm or send me a mail @ tinuoshinubi@gmail.com
Thanks

adewaleafolabi: thanks man.u really appreciate the info.

Also to anyone trying to get a police clearance dont deal with the policemen at the gate go directly to Sgt. Sundays (07054979356) office he would give u d form and take your prints.

Thanks Dude..hw much is his fee

earthgreeners: u dnt need it

Hey earthgreeners I op u v submitted sha

VCTROKOYE: Ok I have d instruction n have seen what is required. Thanks

Which school and wats d instructn

Huzzie: @ VCTOROKOYE n i_am_Saheed....congrat to you guys,I would implore you both to list all the docx submitted to aid others in packaging theirs as this is our culture here. I dont know if you have previously done that but if not please do.Another thing, indicate your level of studies,institution and programme...
@Earthgreener... please collate your list for sept/fall applicants has you have previously being doing, and how far with your application?

Hi Huzzie any news from Humber Yet

@ jarus any idea on us shale oil, I read it now poses a serious threat for african producers

Wats d name of ur finance house and wats d minimum balance..

honprof1: Well, it is a good idea to fix where u have more of interest rate for a return on investment , however, if u can invest in a reputable Finance House u will earn more than whhat any bank could offer u cos they more exposed to business than banking due to d higher demand of their product in d financial market.... In my office we can give up to 18 percnent rate for minimum 90 days for Term deposite and some time may be lesser depending on CBN directory as at d time u come in to business with us .

Access bank (14%), I doubt this..I visited ard march and was told 3% in their allen branch...anyway pls shed more light on fgn securities..wich bank can I approach to get this

Seun: It's not as safe as FGN securities, though.

Yeah sure, thanks

ABBEYXCELL: @teexle.I was asked to discuss why I chose my final year thesis title and d applications.
Hope ds will be helpful!

Which sections where u asked to discuss

ABBEYXCELL: @Pisces290.It is well fellow metabolite.God Has d Final decision.I discussed my final year thesis with the panel too.

Ok thanks..pls can I have ur mail I have few ?s to ask, I also have an eco background

Jarus: Economics

Hey wat was ur undergrad degree

Jarus: The latter just clicked yesterday and I have accepted it. My dream of crossing from downstream to upstream eventually materialized. Alhamdulilah

So from May 1, I will be welcoming you guys to a new office. Lol

I will be tendering my resignation in my current office this morning, effective end-April. I have already composed a powerful farewell message to my colleagues.

I couldn't get the 4m on top of my current pay as I asked from the new company but the negotiation yielded 2.5m addition. So I consider it a fair deal but upstream coys have more perks.

It's been a long journey especially when I remember missing Shell offer by whisker at the start of my career in 2008. It's a long walk to dream!