courage89:
This lady wrote an article about a contract signed in 2010. What happened to the execution of the agreement within the first 4 years when PDP was still in power? Why was the contract not honored in the 1st 4 years?

The agreement was for setting up gas processing plant facility. What exactly has the company done in terms of execution; Front End Enginnering Design (FEED), Engineering, Procurement and Construction?

My submission is tha there is something fishy about the contract

courage89:
This lady wrote an article about a contract signed in 2010. What happened to the execution of the agreement within the first 4 years when PDP was still in power? Why was the contract not honored in the 1st 4 years?

The agreement was for setting up gas processing plant facility. What exactly has the company done in terms of execution; Front End Enginnering Design (FEED), Engineering, Procurement and Construction?

My submission is tha there is something fishy about the contract

deboysben:
International embarrassment



Buhari is a disgrace to Nigeria and humanity


Back to Daura is a must

bedspread:
This is The Height of Embarassment of the CHANGE Nigeria as a Country has Entered


Fellow Citizens Our Nation is under a Serious Siege!!

Don't be Blind folded with Sentiments!!

NIGERIA has to be Rescued!

ImperialYoruba:
OP,
Are you sure UK has a Secretary of State?

Check yourself before you wreck yourself.

contigiency:


Go and sit down the country is not under any siege. This is the kind of news most of you like to receive with open arms, negative news against the government. have you heard from the side of the government?

I wonder how a government that was seriously looking for foreign investors would turn round to cancel a good one with enough potentials as this woman is alleging. Look at she is already claiming 9 billion dollars for damages for a none existent refinery.

There is no difference between this and what we are experiencing in power supply which was sold to incompetent hands who then turned around and started claiming huge debt from government even when they supplied darkness.

If not, this woman and her company entered into this contract since 2010 and up till 7 years after, there was nothing to show for it. So why do you think the government should just keep quiet? She is simply being crazy.

Imaging her efontory reminding us how corrupt we are when they are the ones that warehouse looted funds from all over the world. who is then more corrupt?

LZAA:

Rwanda

grandstar:


The case was taken to court or an arbitration as stated in the contract and they were awarded large damages for breach of contract by the Nigerian government

GEJ had negotiated the damages to a little under a $1b and wanted to pay

However, since it was close to the tail end of his administration, he refused to pay as Buhari could term it as a grand scheme by GEJ to swindle the country in his dying hours at Aso Rock

Rather than PMB pay it, he started forming I too know and the rest is history; that is the $9b fine

grandstar:


[s]The case was taken to court or an arbitration as stated in the contract and they were awarded large damages for breach of contract by the Nigerian government

GEJ had negotiated the damages to a little under a $1b and wanted to pay

However, since it was close to the tail end of his administration, he refused to pay as Buhari could term it as a grand scheme by GEJ to swindle the country in his dying hours at Aso Rock

Rather than PMB pay it, he started forming I too know and the rest is history; that is the $9b fine[/s]

NaijaMutant:
This is how low Nigeria has sunk under the leadership of a cow herder


The world now sees us as a joke

To imagine that some dolts with pseudo intelligence are still urging the dullard to continue is just the highest form of insanity.

Dear President Atiku kindly earmark some Nigerians to be sold alongside NNPC

Combating large scale foolishness should form part of your agenda henceforth

Over the last decade, the amount of UK foreign direct investment into Africa has more than doubled from £20.8bn to £42.5bn. This is good news

hailall:
Buhari should come OUT and defend this allegations, our economy is down, owing a company over 9b is worrisome

0monnak0da:

You are the one in need of quality education who cannot see the difference between international politics and rule of law.
How many times have the US France or Germany subjected themselves to the jurisdiction of courts in Nigeria or Zambia?
How much did Shell pay in compensation for oil spillage in Nigeria?
How much did Pfizer pay for its drug experiment debacle in Kano.

Powerful countries claim sovereignty and never subject themselves to foreign courts why should we be different.?

courage89:
This lady wrote an article about a contract signed in 2010. What happened to the execution of the agreement within the first 4 years when PDP was still in power? Why was the contract not honored in the 1st 4 years?

The agreement was for setting up gas processing plant facility. What exactly has the company done in terms of execution; Front End Enginnering Design (FEED), Engineering, Procurement and Construction?

My submission is tha there is something fishy about the contract

2extremes:
Making Nigeria great is in the hands of Nigerians. We can make it with or without them.

maestroferddi:
You are not thinking. ..that should not be an insult to a Buhari/APC supporter...

What happened to challenging/appealing the verdict of the ruling against Nigeria?

Was the pronouncement a fait accompli?

BTW, when did snubbing/disregarding a court ruling become a legitimate/standard course of action moreso internationally politics, diplomacy and politics?

We will not allow agents of denudation like you to sink Nigeria.deeper than the level you have sunk her...

grandstar:


A contract is a contract and that is why there are clauses within it to treat breaches to it

No one is going to listen to your argument! If you are not ready to abide by it do not sign it

And if the contract was illegal, why has PMB kept mum about it? Osinbanjo is a lawyer and should know better

seunmsg:





Below is an extract from Garba Shehu's response to Priti Patel;

“As for the specific case of the agreement in 2010, between the NNPC and the P&ID for a 20-year contract to create a new natural gas development refinery, which appears to be her main issue, a project that fell through after a past Nigerian government reneged on its contractual commitments, we do not wish to plead the government’s case in the press. “Suffice it to say that the government of Nigeria, in recognition of the sanctity of the judiciary, has submitted to the jurisdiction of a court in the United States to determine the issues in dispute. “What we can only say at this point is that Nigerians need to pity their own country for the way things were done in the past. “Before the coming of the Buhari administration, there existed in the country a racket encompassing elements in the three arms of government, the executive, legislature and the judiciary through the activities of which artificial, engineered and factored breaches of contract are made, judgments are obtained, appeals are delayed and the penalty imposed is paid and shared. “In the fullness of time, more will be said by the Minister of Justice and Attorney General of the federation.”

Read more at: https://www.vanguardngr.com/2018/11/presidency-says-former-intl-devt-scribe-goofed-on-buharis-anti-corruption-fight/

ImperialYoruba:
OP,
Are you sure UK has a Secretary of State?

Check yourself before you wreck yourself.

seunmsg:


This Patel or whatever she's called must be mad. Why should Nigeria pay the shady company a whopping compensation of $9billion for a 2010 deal that fell through? If the government that signed the agreement and agreed to pay the compensation refused to pay, why should Buhari be forced to pay such a huge amount as compensation? Arrant nonsense. We have billions of our stolen assets in UK that they have refused to return till date. They should show respect to international laws and convention by returning our stolen assets back to us.

Ihategirls:
That’s why I’m planning to Invest in Dubai, UAE instead.

Wheezdwisdom:
I just the laugh some people.....PDP signed an agreement which was later cancelled, then the government settled to pay compensation to the company. My question is what stop PDP from paying the compensation they agreed to pay.

contigiency:


You are a criminal carrying false news around. Jonathan did not negotiate anything to 1b dollar. If he did, who took away his biro that made him not to approve for the payment?

Besides, that matter was taken to court in 2015 when your Jonathan had messed it up. The award for damages was made by their arranged court in 2017. So at what point did your jonathan negotiat for nonexistent penalty?

But if you had stopped being lazy, you would have googled and read all these. from there, you will be shocked that this criminal woman and her company for those number of years, could not buy land for the project let alone erecting one block.

So What damages do you want the government to be paying even up to the 1b dollar you said you and Jonathan Went and negotiated?

You see, these are the kind of damages you, your jonathan and all these ones Atikulating have caused this country. Thank God he handed us over to buhari at the time he did. else, we would have been refugees in Mongolia by now.

seunmsg:


This Patel or whatever she's called must be mad. Why should Nigeria pay the shady company a whopping compensation of $9billion for a 2010 deal that fell through? If the government that signed the agreement and agreed to pay the compensation refused to pay, why should Buhari be forced to pay such a huge amount as compensation? Arrant nonsense. We have billions of our stolen assets in UK that they have refused to return till date. They should show respect to international laws and convention by returning our stolen assets back to us.

ikennaf1:


Nairalands biggest hypocrite seunmsg, every signed legal contract is binding, and therefore it means that there are consequences if one party reneges.

Unfortunately, buhari has never handled any personal business of his own, so he wouldn't know this. That's why he reneged on the contract blatantly, and hence, the compensation.