₦airaland Forum

thats right....!!

dont let them put all the blame of this mad world on you....!!

this is what happens when you provoke people too much....

femtex007:
2 wrongs can never make a right...if u decide to scratch ur body d way it itches u.u will peel ur skin..many Nigerians will become jobless if shoprites,DSTV and MTN are distroyed...all dis burgs down on bad govt..and bad leadership..it's quite unfortunately..

abegi....give us a break....we tried and tried your way and it didnt work....

abegi,park....!!

tit for tat....they think we are jokin....

Litmus:
Some thinkers believe if time travel is possible then we may have time travelers among us. Some say, what we call ghosts may be time travelers. Ghosts can't interact physically with things, thereby interfering with timelines.

I guess if a ghost frightened someone to death, time line has been interfered with

you heared about that cern stuff....??

well....you people are in big trouble....

but am surprised they are trying to stigmatize you nigerians....

their is something about you nigerians that they are not comfortable with....

i dont know exactly....

Litmus:
Some thinkers believe if time travel is possible then we may have time travelers among us. Some say, what we call ghosts may be time travelers. Ghosts can't interact physically with things, thereby interfering with timelines.

i dont deal with that kind of stuff....

ghosts dont come near me....i scare the shitt out of them....

evil bows to me....

lordkay10:
At last, a sensible person

he smart....

and now what....??

i have no fvckin idea....

Litmus:
He is.

its possible this vile whites invented time travel long ago....

its not impossible to bend reality and move from a point to another....

it just needs alooooot of energie....

Litmus:
Way better. Except for Elon Musk, South Africa can offer nothing better than the Chinese can.

that moroon is a south african....??

ofcourse....why am i not surprised....

the most vile whites come from that place....

did you knew he was tellin the world he is from the future....??

am not sure if this white moroons realy invented time travel....

but who knows....

look at the technologies we have today....

Rekhina:
Ogaga ,na because of omoagege , ozhuo
Are you sure u be urhobo or itshekiri?

hmm....??

what you talkin about....??

EasternActivist:
Man I Gat a question.
What if Nigeria quits the international treaty that will waive state immunity?
Also concerning smaller nations, what if they do so too. Will they still be endangered?
Thanks

look....build your army,the way china is doing....

hope is for the hopeless....

kiiiikkkkiki....lucifer....

the morning star....

chai....leader of hosts....

chai....una will loose against lucifer without help....

that guy is brilliant....he was leader of angels...

were do you people think the word anglo saxon originate from....??

the ol europe is into this scam....!!

the way they sat toghether back then in brussels or berlin or wharever and deceided to colonize you....!!

dont you gerrit yet....!!??

something about lucifer is,he is very patient....

he will set it and wait for you to fall into the trap....!!

he doesnt care to wait for centuries to get what he wants....!!

chai....

wake up already....!!

Shoodboi:
Lies & Deceit: Everything You Need To Know About Nigeria's $9 Billion Debt To P&ID

This post contains everything you will ever need to know about the Nigeria-P&ID gas deal.

It's a pretty long read but is well-formatted for easy reading.


The prelude

www.nairaland.com/attachments/10154535_image1_jpegec44744ab36e8094482d9fd6d0f703b8

Sometime in 2006, two Irish businessmen, Michael Quinn and Brendan Cahill, founded Process and Industrial Developments Limited (P&ID).

The company is a sole purpose company set up to utilize Nigeria’s huge natural gas reserves.

On January 11, 2010, P&ID signed a Gas Supply and Processing Agreement (GSPA) with the Nigerian Ministry of Petroleum Resources.

The Ministry of Petroleum Resources was acting on behalf of the Umaru Musa Yar’Adua-led Nigerian Federal Government.

As per the agreement, P&ID will process natural gas from oil mining leases (OML) 67 and 123 to generate electricity for Nigeria while making some considerable profits for itself.

The license for OML 123 is held by Addax petroleum.

Addax petroleum is a subsidiary of Mirror Lake Oil and Gas Company Limited, which itself is a subsidiary of the Sinopec International Petroleum Exploration & Development Corporation (SIPC).

SIPC is a subsidiary of China Petroleum & Chemical Corporation (aka Sinopec Group).

Exxon Mobil holds the license for OML 67.



What exactly is P&ID?

www.nairaland.com/attachments/10154536_image2_png1a8f685c15feef92820538fea13ff231

We already mentioned that P&ID was founded by Brendan Cahill and Michael Quinn in 2006.

(Cahill is alive but Quinn is late. It seems he passed away on January 25, 2018.)

P&ID claims it is a United Kingdom company even though it is registered in The British Virgin Islands (BVI).

The British Virgin Islands is a British Overseas Territory (BOT).

BOTs are not part of the UK. They have their own independent governments but depend on the UK for defense and foreign affairs.



Why the British Virgin Islands?

www.nairaland.com/attachments/10154546_image3_png5fb6b9fb09f1795dc718ea6dcb234c98

The British Virgin Islands is an infamous tax haven.

Tax havens are countries or territories where multinationals register their businesses or subsidiaries to avoid paying taxes in their home countries.

Most businesses registered in tax havens only exist on paper.

These businesses — called shell companies — often have billions of dollars in the bank accounts registered in the name of the company even though they do not have physical offices or employees.

The British Virgin Islands does not slam these companies with any taxes and only requires them to pay an annual license fee.



Who sets up a shell company?

Practically anyone; from the clean to the dirty.

Corrupt politicians set up shell companies to hide stolen wealth.

Criminal organizations set up shell companies to launder and hide their proceeds from crime.

Rich people set up shell companies to hide their money from their significant other in case of a bitter divorce.

Rich people and multinationals companies set up shell companies to:

• Avoid paying taxes in their home country.

• Hide patents.

• Mask their country of origin.

• Allow them operate in countries where they might not be allowed to.

• Protect them from lawsuits in their country or the country where they operate.

There are several other reasons but these are the most common.



Is P&ID a shell company?

Yes, P&ID is a shell company.

This is evidently clear because P&ID is registered in British Virgin Islands and does have a physical headquarters or even a website.

Its only website is pandidfacts.com, which is more of a blog than a website.

Everything on the website is all about the failed Nigerian natural gas project.

www.nairaland.com/attachments/10154522_aaa_jpeg9483a0c356f014cf20d8a4575dfae2d7

And what sort of multinational adds “facts” at the end of their top level domain?

P&ID has no social media presence either.

It is not on Facebook and only joined Twitter in April 2019. So far, it has 83 tweets and 17 followers.

The tweets are all about the failed Nigerian gas deal while the followers are Nigerian and Irish journalists and newspapers.

We think P&ID set up office in the British Virgin Islands to hide its taxes from the British government.

Addax petroleum,P&ID,Mirror Lake Oil and Gas Company Limited,Sinopec International Petroleum Exploration & Development Corporation (SIPC),China Petroleum & Chemical Corporation (aka Sinopec Group),Exxon Mobil

shey una see now how names keep poppin up that una never heared of before...??

Adaibeku:
I understand now close ur eyes less worship ur buhari!

sayin something like that is rude....we practice democracy....

my sense tells me buhari is better in our situation....

i wouldnt accuse you if you supported atiku....

its your mind,i must respect your mind because i respect you....

OBAGADAFFI:
Really.

I thought you were smart

we are desperate....!!what is your solution to this madness....??

i am`the saints`darkside....

Afamed:
I am encouraging you, just use foul languages, and join others on the ban list

i found it....

this is for you....

Afamed:
I am encouraging you, just use foul languages, and join others on the ban list

are you threatnin me....??

Angelfrost:
No you are not... You are mostly politically correct cowards that prefer to fight wars and rant on social media....

This is why South Africans are not bothered by your threats... They know even Buhari can't and won't do a damn thing.

okay....thx....

dont use mtn,dont shop in shoprite....!!

avoid anything south african....!!

dont marry them,dont eat with them,dont look at them,dont speak with them....!!

Guestlander:
Create another thread to report me.

calm down....this matter is not that simple,warrior....

retreat,retreat....!!...

we will only harm our own selves attackin south africans....

keep away from anything south african....this is the best solution....!!

i realy have no idea how to deal with this moroonic south africans....!!

if they were all white the matter would be much more simplier....

but black and black is complicated....


this south africans are fvckin primitive....!!

Adaibeku:
I know u have never been banned because you curse igbos ,hate ipob and every1 against PMB ,
Now you are with me ,be rest assured you will get enough ban, until you deactivate>am sorry to say that Lolz

you know nothing about me....i was once banned for 4years on nairaland....

but back then i was a greenhorn on nairaland....

kiiiikikiki.....i still even have ban in education section....i dont even remember what i wrote back then....

Adaibeku:
The god buhari(Cabals) you and afamed worship has done horrible things to me n my uncle , he employed wicked skilled experts one from unn and the other from Lasu computer village lagos state to hack every single thing about us , Our VH & radio waves ,my uncles It system to bring out all hidden photos with him and his wife Amaka , Politicians hmmmm ,

my queen,i dont see buhari as that....

Guestlander:
Not easy but the South Africans are killing Nigerians while the slowpoke can only attack my comments on Nairaland.

hmm....

what now....??

marvelli:
Thank you so much for explaining! Many Nigerians don't think, they just do. 5 mins of pleasure for eternity of regret...mscheeeew

you right....this matter is more complicated tahn we nigerians think....i get your point....hmm....

thats why we have each other to correct each other....

we nigerians are more civilized than south africans actualy....

Guestlander:
How many South African people have you killed already? slowpoke.

why should he be thinkin on killin south africans....??

who is gonna clean up the mess after....??....you....??

you think its that easy to kill a human being....??

AFONJACOW:
married wetin, baby mamas, Two children from different white ladies, the ladies are even in war with each other, one of them chatted me up and start telling me he can't leave him for the other baby mama, he once attack him and took all his properties and documents until they settled in police and they settled in child support... This motherfucker of a brother always block me each time I remember home to him, I even offered him another opportunity to South Korea free and he declined... One of the baby mama told me the other baby mama Don use jazz blind him... We are doing anything possible to bring him back, even if nah to use juju we no mind. 10fuckin years and he is not thinking home

hmmmm....i dont know what to say to that....

Adaibeku:

My baby do you know y am smiling @ u

wuuuyyyy....??

Adaibeku:
Wow
Cc rekhina ur brother is here!
But ur sis chose Islamic name just for greener pasture ,she is a strong girl

realy....??