₦airaland Forum

ChiefkeefGB4:
FOH

what....??

chai....we hail the shitheadians....

OfoIgbo:
But Ipobians already call you both shithole and shithead. You guys should try and be original and stop copying IPOB

tahh....you people are the original shittheads....nothing una say make sense....

trump is a shitthead too....

....

two can play this game....

f them....!!

ChiefkeefGB4:
... I have never held public office and not a fantastically corrupt politician. GTFOH!

you are still a shitthead....ntoor shitthead....

you are a shitthead....

MelesZenawi:


A man that doesn't know the way to his father's compound but knows the route to all gutters is really a gutter.

abi....

cheap ass morafvcker....

9jaRealist:
Yes, YOU Nigerians should care about it...
But it makes NO DIFFERENCE to the arbitration or judgment.

So long as the signatories are authorized persons...
Issues of your internal “corporate governance” process cannot be visited on an external party.
>

....

we shall see if nigerian juristiction mean nothing to the rest of the world....

shock....!!....ipob is still a proscribed group in nigeria till toady...!!

shock....!!

alezzy13:
Bless you jare.

thx....some just dont understand that their are more dangerous enemies than themselves....

blujoi:
I did a brief write up of an international investigation of the whole issue, which you were not able to comprehend. You were the one who came up with Jonathan/PMB angle. I'm not responsible for your lack of comprehension. Do have a nice day

you too,have a nice day....

i actualy have to go work sef....

bye....

clarocuzioo:
And the raping has continued with new set of criminals in the name of APC.

Your "Saint " said "ABACHA did not steal" but till today is still receiving Abacha's looted funds.

May I remind you most APC members like Amaechi and Akpabio were once PDP members..

Nigeria can never be great with APC and PDP.

So live beyond party, ethnic and religious sentiments for Nigeria to be great.

Think beyond you BMC stipend.

wharever....what now....??

dont tell me you wan give up and give that kind of crazy amount of money....

thats insane....

blujoi:
Does FEC sign off on Oil & Gas contracts? Stop being emotional, this is not a fight about who you hate or who you love

it is....

because people like you want to turn it to jonathan against buhari matter....

others went immediatly online to investigate the lousy company,while you are busy defendin that lousy company....

btw....
where is the pipeline....??

and dont you people find it strange that days after the news that lousy company said buhari is to blame and not jonathan....??

they want us to fight each other and not concentrate on them....

blujoi:
First of all, this was an Oil and gas contract, does FEC sign off on Oil and gas contract? Does the international arbitration court recognize FEC? Was a contract duly signed by the representatives of the Nigerian government? If yes then its a valid contract

dont you gerrit....??

whats the meanin of FEC again....??

dont be your own enemy....hate buhari my foot....

thats crazy amount of money....if it was jonathan,i would back jonathan....

dont give them shi shi....

blujoi:
What fight? The only option is to get P&ID to the table and renegotiate terms of settlement. This is already a matter before an international court of arbitration. Why the amount spiraled this high was because nobody from the Nigerian government sat down to talk to them.

do that,if you think they are worth it....

to me they are foreign thieves....

Sunnymatey:
Ok, P&lD will help us with a copy of their agreement then we ll know who and who is involve.
Then the matter will drag from there.

exactly....dont give up without a fight....

networkfailure:
Stop flaunting your ignorance. Was the contract signed by the designated authorities yes or no?

that is all the considers. Our internal checks and balances or due process don't count

in nigeria it counts....deals must be sent through designated authorities to be approved....

people that understand law are tellin you and you still want to cut off your legs to piss off your arms....

blujoi:
Please nobody is happy that our country is being dragged in the international space, yes we should be patriotic does that mean one shouldn't call a spade a spade?

Aondokaa is being clever by half and trying to be sensational. Do oil projects get signed off by the FEC?

I just went through an article by an investigative journalist team who got access to the court documents and i will try my best to breakdown my deductions. Forget about all this APC/PDP blame game

The project was conceptualized under OBJ and the aim of the project was to gather the gas that IOC's flare into a system and use those gathered gas to power gas plants all over the country

Rilwan Lukman was the major facilitator for P&ID who assured them that they will get the contract

P&ID went ahead to procure licenses,engaged international contractors to come up with designs for the project, this they say cost them money

An investment vehicle for the project was duly registered in Nigeria, where Nigeria had a 5% shareholding and also a representative on the board of P&ID

After series of meetings, it was decided the project would be located in Cross river, and Addax petroleum agreed to supply the gas to P&ID for processing

Based on Addax agreeing to supply the gas, the FG signed the 20 year agreement with P&ID

After series of back and forth, by now Yar Adua was in power, Addax reneged on the earlier agreement on the type of gas and timing of the supply

P&ID were still willing to work with what Addax said they would provide

Addax still failed to meet up, I think at this time GEJ was in power and Diezani was asked to ensure Addax complies

After a whole lof delays and frustrations, P&ID wrote to the FG that they were no longer interested and subsequently took the case to the international court of arbitration who decided that UK courts would be the location to hear the case

This was where they came to agree to pay a compensation of $850m

Then comes in the PMB and his team, no one paid any attention to the ruling due to non-nomination of a substantial minister to take charge

And the rest is history

The whole episode is a good example of the incompetency of the people in authority. From top to bottom. the project was meant to guarantee power to the gas plants but at the end of the day, the Nigerian factor came to play!!

hey hey....full stop their....

Michael Aondooakaa, former attorney general of the federation (AGF), says the gas contract awarded to Process and Industrial Developments Limited (P&ID) was not approved by the federal executive council.

this statement is all we should care about....

networkfailure:
Many of us here don't have a clue about international trade. We think it is d same here. Unfortunately it is not.
If d court has said 9bn dollars should be paid, I am pretty sure that will be done unless an agreement is reached btw both parties. We forget that even d bulk of our currency and international passport are printed overseas.

read...!!

Michael Aondooakaa, former attorney general of the federation (AGF), says the gas contract awarded to Process and Industrial Developments Limited (P&ID) was not approved by the federal executive council.

Michael Aondooakaa, former attorney general of the federation (AGF), says the gas contract awarded to Process and Industrial Developments Limited (P&ID) was not approved by the federal executive council.

ehen....

Deepthoughts:
Apc cause the problem,for every issue without even checking up the details,they quickly rush to blame it on pdp,but I always trust mr factopedia RENO OMOKRI to clear their lies, deciet n propaganda just as in this case,so first try to preach to buhari/Apc to change their ways.

and still pay....??

are you insane....??

Nukilia:
Can you tell me what is not shady in Nigeria? Tbh, we as citizens do not really understand how incompetent our leaders are!
Let me pretend like I do not understand the politics. It is shady but I think we are fighting the air

atleast we should put up a fight and not just give up....

this is crazy amount of money....