9ja4eva

check out

http://www.africaresource.com/content/view/147/181/

http://www.whartonglobal.com/wgbf2004/africa/kaselawal.asp

This is one guy you know how he got his money. He's the type of rich Nigerian we should all be celebrating!

Cheers all!

Check out Kase Lawal Of CAMAC. The guy is made big time!!

Babs787

You are here discussing something that is academic at best when there are issues that affect us as we speak and you have chosen to ignore them. Since you won't come there, I have come to you. I posted the topic below

https://www.nairaland.com/nigeria/topic-46741.0.html

and I need your input to that. These are issues of real life issues and not academic issues such as contradictions and what have you. Hope to see your input there!!

People,

I think for ths thread to be productive, we should share ideas on how these types of incidents can be curbed. Like it or not, some Christians will still get posted to these states for NYSC or some other thing might take them there. We shouldn't stop at condemning the action, we should go further to suggest ways of preventing a re-occurence. I for one suggest as follows:

1) If you know your representative, either at state or national level (even senators) write protest letters to them. By the time they get inundated woth these lletters, they will be forced to raise it in the house. This might be difficult right now as they are all occupied with elections and don't seem to have time for anything else but we should still do it anyway.

2) Let us flood newspaper houses with letters condemning this incident in unprecedented numbers. They are a powerful tool that could be used to drive home this point.

3) Engage any muslim you know, especially those from the north, as you might just get them to be agents of change in their communities. If they can see reason and be convinced about it, I believe they should be able to talk to their people. I'm not saying this will work, but I believe the people will be more willing to listen to people from amongst themselves.

Any other suggestions?

@babyosisi

BECCIA is a new member because I directed him to this site. He's the one that actually told me about this event as relating to our mutual friend and he discussed it with coursemates from the countries he mentioned. Hope this eases your suspicion.

Oil companies should stop flaring the gas, AGREED. That is what all the companies are working towards with the deadline being next year. Or do people want them to perform magic? You guys don't know how difficult it is to carry out any project in the swamps of the Niger Delta now. The technical aspect is minute, your main problem is security and logistics. You'll have nightmares incorporating all these into your work plan.

Donzman,

I repeat, who told you they can't fish no more? You sit in Canada and come to your conclusion while people that have been on the ground tell you things and you stubbornly hold your position. Are you telling me your research on the internet supercedes what I see with my korokoro eyes?
Guy, learn to be able to open yourself to ideas that challenge your beliefs.

When will all these stop for goodness sake? Is it until there's a full scale religious war until the attention of the people in government is drawn to these? When you push someone to the wall and he does have anywhere else to go, he will come at you with a fury.  We'll not get there in Jesus' name. AMEN

@nikynike

do you work for a servicing company or a producer. To my understanding, producing company staff don't book overtime unless the system is different in the US?

@ayomajek

are you truly in Edinburgh? If so pls contact me on ajipumping@googlemail.com

I wonder how they expect her kids to view the religion of Islam when they grow. And the hypocritical islam defenders on nairaland have refused to comment on this, instead they are busy posting all sorts of rubbish.

I challenge all of you, BABS787, OYB, MUKINA2, BELLOTI, come out and defend this one. This is where we want you to prove your mettle and not on some idiotic thread where you trade fallacies!!!

Right now I am deeply grieved by the barbarism that was meted out to a friend of mine, the late Mrs Oluwatoyin Oluwasesin, by supposedly secondary school students in Gombe State. I actually saw a topic relating it earlier and contributed to it by pasting Reuben Abati's write-up in The Guardian of Saturday last week not knowing that the person in question was actually an acquintance. The full story can be accessed on the link below:

http://www.christianpersecution.info/news/nigeria-muslims-club-christian-teacher-to-death/

I knew her as a fellow student of Obafemi Awolowo University and she was a very gentle and easy-going person. I didn't know she was the one earlier because she has since gottten married and thus I couldn't recognize the surname. It was a mutual friend that called me tonight to inform me and since then I've just been disoriented. I've tried in vain to search for all the earlier threads on this issue but somehow they can't be found anywhere which is why I'm posting it anew. This is past midnight and I should be asleep but I just can't sleep. It is just unbelievable that human life will matter so little in the hands of young people. Later the muslims will come on nairaland and start defending them. I am angry, hurt, depressed about the "unequal  yoke" in our country Nigeria and , I am just lost for words right now.

This issue must not be swept under the carpet, it's high time we said NO!!! to all these religion-inspired murders. The campaign is starting and I will not relent until it is brought to the highest levels of discussion. Please anybody that has the ear of any senator or house of reps member should bring this to their notice and demand that it should be addressed in the house. We have to do something about this as tomorrow it might be just anyone, though you won't catch me dead in  northern Nigeria anyway. The people are nice and everything but when religion is brought into the equation they just turn into animals. I chose not to expose myself to such risk and hence I WILL NEVER GO THERE!!

Donzman

I will not dignify your post with a response

I resume at 7:30 am and close at 4:15 pm.

Face

Of course the companies have a duty to protect the environment wherever they operate. I don't think I ever said anywhere that they don't. And yes, they are usually held responsible for any pollution that occurs that is not due to sabotage. Nobody will come to nairaland to come and announce that they just collected compensation for any pollution would they?. I know that these compensations are paid, you might not know it. I've been trying to attach a picture here showing how flowlines were cut up into neat piles regardless of whatever pollution was caused and were going to be hauled off for sale but it just wouldn't attach. Is it the companies that go around cutting up their flowlines? You guys don't know how prevalent this thing is but it is very prevalent!!
Whenever you have a line rupture whatever the cause, production is usually shut down until they are fixed. So the issue of BP is the same that happens in Nigeria. All in all, I think we agree on a lot of things

Cheers

Afam,

concerning communities that have 24 hrs electricity, find the list below:

1) Commuities around Chevron's Abiteye flowstation
2) Communities around Chevron's Makaraba platform
3) Communities around Chevron's Opuekeba platform.

You said three, I've mentioned three. The first two are in Delta state, the last one is on the Delta/Ondo state boundary.

There a lot more communities that enjoy constant electrcity. Communities arounf Bonny for instance.

I apologize if I've mistaken your identity for someone else's but if you look at the links below, you'll see where someone called Afam advocated for the discovery fund.

http://www.dipotepede.com/2006/08/28/nospetco/

http://deoluakinyemi.com/2007/01/11/nospetco-how-much-longer/

Sorry for the fallacy of improper assumption, I assume you patented the name "afam" on all these blogs like I did mine.

9ja4eva

The issue of pollution is not as widepread as is being proclaimed. Any campaign will pick on a negative issue wherever they occur and generalize it to paint a very grim picture. I will not come up with figures because I don't have any official figures on this but I can tell you that pollution issues are isolated events. I told you in earlier posts how some of the pollution issues work. I'm not saying all the pollution is due to sabotage, NO, as some could be due to corroded flowlines and stuff but altogether they are still isolated events.

My dear, most likely you never been to the Niger Delta. I can't count the number of times I've been there. On EVERY occassion that I was there, I saw people fishing. The most prolific areas for fishing in the swamps are around the oil platforms, reason being that the fishes are plentiful because of the abundance of leftover food in the water. If the pollution is indiscriminate as you claim, is it not around the patform that it should be most prevalent? All the fishes there should be dead then?

It grieves me when I see the condition of the people and I try in my personal way to affect those I come in contact with but we are looking in the wrong direction i.e. the companies. It is criminal what the govt (state first, then federal) is doing and the agitation should be directed at them. It shouldn't be that they should be supporting somebody like Alams who stole them blind. I don't understand why any Niger-Deltan in his right mind will support Alams.

Hope I addressed your question?

Donzman

You have said nothing. What if I stay here and say the only reason why you've not been thrown out of whatever school you are is because you bribe your lecturers to pass you? When you can't substantiate your claims, you don't just make pronouncements. I thought I tried to outline the historical issues and how it has culminated in the stoppage of gas flaring as from next year.

Let me tell you the truth, and it might be the bitter truth, but any hasty penalty that shuts down production will hurt Nigeria more than it hurts the companies. Have you forgotten that we are the ones that get 90% of our GDP from oil? I guess the company that will be hurt the most (Shell) will not even lose up to 40% of its global production. This is why rationality comes into the decision, you don't rush decisions like that. All parties have sat down and come to the decision that they'll all stop the flaring next year, it might just be the best they can do. Maybe you don't know how capital intensive this is and are forgetting that Nigeria has to provide about 60% of whatever funds are needed when we are even struggling to provide counterpart funding for things that had been on the table since.

9ja4eva

If I write what's on my mind it might come across as an insult which is the last thing I want to do. Who told you "they have destroyed all the communities in the region"?. Have you ever been to the Niger Delta? Do you know how big it is? Do you know what percentage of the entire Niger Delta land mass has oil company presence? I know this issue elicits emotional responses but please don't make blind comments. The reason why the whole thing looks immoral is the fact that the place is undeveloped in contrast to the production facilities around. Which comes back to my assertion that if the government had utilized the revenue for he development of the area then the discrepancy will not be there. To tell you the truth which obviously you won't hear anywhere, the only places that have 24 hrs constant electricity in Nigeria are communities around oil company installations. You will not know that because you sit in the US or UK or wherever and echo whatever comment is posted on the forum whether for or against. Abi na McDonalds dey give you light for where you dey? At least there's no way you won't have McDonalds in whatever city you are in.

Please let's separate emotion and propaganda from this issue and face the facts.

Afam

I have not confirmed anything you have said. On the JV issue let me quote myself:

Do you know that in a typical joint venture, the sharing formula is NNPC (60%) and the oil company (40%).

Afam, do you expect me to start quoting what the percentages are for the JV's with EPNL, SPDC, CNL, MPNU etc. I used the word "typical" to represent all these and used 60 - 40% because ONLY ONE deviates from this. How does this align with your 49 - 51% that you stated? The only thing that true is that there are sometimes more than one non-NNPC partners but the thrust of my post was the relative % of the NNPC stake to the others so I don't have to be going into such details. Please correct the quote above inculcating the fact that the non-NNPC partners are sometimes more than one and let's see what you come up with? Give it a try huh?

Again on the tax issue, I haven't contradicted anything I said earlier. I only said there are concessions on the 85% that I quoted based on some things. That does not negate the fact that the nominal value is 85%. If my income tax rate is 25% and I get concessions for being married with kids, having life insurance etc does that mean when I'm asked what my tax rate is I should start calculating what it comes to after the concessions? Of course I'll quote the nominal tax rate!!

I did not attack your person, I only made an observation based on what I've noticed about you on different thread and even different blogs. You want an example? I know you've been touting the assertion that discovery fund yields more than all the risky high yield investments around and that is wrong but you come on board and announce it with all confidence. You could say it could prove to be more durable but it definitely doesn't yield more!! That baffles me and makes me wonder! 

Afam,

if you read properly, I said a TYPICAL JV. The only JV in Nigeria where NNPC has a stake of 55% is the SPDC. They have 60% on the others. Mind you, there are other licences other than JV e.g. PSC (production sharing contracts). I will not go into the intricacies now, all I will say is that most onshore and shallow offshore (1970s and 80s) licences are JV's and the newer ones (deepwater) are PSC's. You have "some" idea how the whole thing works but you should learn to know when someone who's in the mix talk about it. On the taxes, the nominal value is 85%, though there are tax breaks for a lot of different things and the tax mechanism is a bit concoluted so it is not a straightforward thing. All I can say is that the taxes are HUGE.

You sure have been listening to a lot of propaganda based on your quote

The oil companies make more or better still short change Nigeria when they use oil servicing firms to take money away and is usually written off as servicing or operational costs

I'm sure you are referring to the PSC arrangement where the companies bear all the exploration and development cost and recoup all the cost from production before the profit is shared based on pre-agreed percentages. True, I don't know what those percentages are on the PSC's but if any company takes advantage of that then some people need to be sacked in NNPC. Do you know that NAPIMS monitors and approves all the expenses?

From you tone I can see that attitude of someone who thinks he knows something whereas his knowledge is limited at best

Afam,

what do you mean by "the sharing formula is faulty?"

GREATEST IFE!! GREAT!!!
ARTICULATE IFE!! ARTICULATE!!
CONSCIOUS, EVER-VIGILANT IFE!! GREAT!!
PAWON!! GBOSA!!
PAWON!! GBOSA!!
RECOGNITION! O DA MO NIYEN!!

Ife was good for me, and I wouldn't attend any other Nigerin University if I had to do it all over again. I met some ultra-sharp guys in that school. Megafoshe factorial. I remember at the end of part 1, I think I has a GPA of 4.50 and I was feeling cool with myself. When we got to the department in part 2, I realised that more than 30 people had GPA's higher than mine

I remember Osas for Tech part 2, Pedro (fluid mechanics) for part 3. Mennnnnnn, those guys were something else

Most (notice I didn't say ALL) of the pollution you guys shout about are self-inflicted by some miscreants in the communities. Prior to now the rule was that the companies pay for any spillages no matter the cause. Have you guys noticed that the incidents of oil spills and pollution has greatly reduced now? One could attribute it to increased awareness but I'll tell you the real reason. As someone said, the companies are the ones on site and the people feel it's them they can get whatever they want from. With this and the rule of paying for any spill, the convenient thing to do then was to cut up the flowlines, cause some spills and the company pays a lot of compensation. Lately though, that has changed. With any spill now, there is a JIV (joint investigation visit) where the representatives of the company, DPR, state govt (ministry of environment) and the communities visit the site and ascertain the cause of the spill. If it is ascertained to be sabotage, no compensation is paid. With this, the approach is no longer attractive so they have to diversify. Please note that I didn't refer to the whole communities, just some miscreants who are into these things. So if you're used to free money what would you do in this case: you diversify. The diversification is what has led to issues like bunkering and hostage taking. It is sad to say but most of the militancy in the Niger Delta is for these purposes, just to make money.

On the issue of flaring, this is a policy flaw of the federal govt. There should have been foresight in having an effective utilization plan for gas. In fairness to them, one can say commerciality drives these decisions. In the development years of the industry, there was no local market for gas and exporting it was unattractive because it wasn't commercial. We should have developed local capacity that utilize gas for energy and then nobody would have been flaring it. With the advent of technologies such as LNG, Gas-to-liquid etc that enables us to export the gas, the flares-out initiative is now being aggressively pursued and is due to be in force at the end of next year. Do people know that even in the North Sea (UK) some fields have licence to flare gas because it is uneconomic to gather it for sale? Nigeria might have started late in this respect but we are moving in the right direction.

As I said in my first post, the militants should look to their governments for scapegoats and not companies that are doing their business like any other corporate entity.

People that blame oil companies for the woes in the Niger Delta need to have their heads examined. A lot of people just talk without knowing how the revenue structure works. Do you know that in a typical joint venture, the sharing formula is NNPC (60%) and the oil company (40%). Out of this 40% the oil company pays taxes that are as much as 85% on their profits. Government then pulls their 40% revenue along with the huge taxes, royalties, bonuses and shares it amongst the 3 tiers of govt out of which the Niger Delta states get 13% before any sharing is done at all. Now people want the oil companies to start playing the role of govt after all that. Do you wait to ask yourself if it is Shell, Exxon etc that construct roads, supply electricity, build hospitals in places like Aberdeen and Houston? It's absurd to expect a private entity which pays its taxes to govt to still carry all these responsibilities. They have investors whose monies they are using for business and they need to have returns too. Any they do is just a matter of corporate social responsibility and people shouldn't hold them by the throat because IT IS NOT COMPULSORY THAT THEY DO IT!!

The militants should ask their state govts first and then the federal govt for their monies and not the oil companies.

I've been watching the trend of this thread for a while now and think it is not going anywhere. Everyone is trumpeting his/her candidate and whatever anyone says or whichever argument is presented no one will back down. I think if you huys are really passionate about your candidates you should be out on the street campaigning for them because the "pareto principle" might just be in play here. How do I mean: you are spending so much time on this thread that optimistically maybe 5,000 readers will vote in Lagos state. That time is better spent doing things that will make your candidate more visible.

It's a pity I'm not in Nigeria right now, I would have loved to vote for Femi Pedro. To ME, I think it's high time we made a change from the status quo ante. All these other guys you are trumpeting except maybe Agbaje are people who are neck-deep in the normal Nigerian way of politics. I mean winner-takes-all (winner-embezzles-all). Let's have people who have a proven track record for a change and not politics based on thuggery and area boys. Let's have ideas and people who are problem-solvers. It seriously grieves me to see the way things work in Europe/America and we can't just get anything to work in Nigeria. My candid opinion is that having the likes of Koro/Fashola/Afikuyomi will just be a continuation of the old way of doing things.

My judgement might be flawed, and I accept that, but I believe we've had too much of career politicians. Let's make a break for once!!

Yes oooo

Yekini was there. In the first match against Kenya that we won 3 - 0, he scored one goal. I think the other goals were scored by Ndubuisi Okosieme and either Humphrey Edobor/Okwaraji. I'm not too sure about the last one.

For you info Yekini started playing for Nigeria in 1983/84 and he was at the 1984 nations cup in Cote d'voire.

The guy tay for eagles well well o.

IF u have better options pls dispose the shares. Union bank is one of the most disappointing bank shares around. For the past month they've just been oscillating between 29 and 30 naira which is annoying. Other stocks like GTB, Zenith, Oceanic and even Access bank have made significant appreciation.

That's my advice sha o.

1988 squad as I can remember (I was less than 10 yrs old but had started following football then)

Peter Rufai
Yisa Sofoluwe
Sunny Eboigbe
Ademola Adesina
Andrew Uwe
Stephen Keshi
Sam Okwaraji
Folorunso Okenla
Henry Nwosu
Ndubuisi Okosieme
Rashidi Yekini

My guy,

this is no price slash. It's just the same old "give with one hand, retrieve with the other". If they want to slash prices, they should do so and not put access charges there. The only people that will benefit are heavy callers but the average man who budgets 2 -3,000 naira per month for phone bills has absolutely no benefit whatsoever.

adconline

nobody is shutting down DSTV. If you have one you should see that they are still broadcasting. The guy was arrested for rights infringement SIMPLE!!

Don't confuse issues