Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? - Politics (4) - Nairaland
Nairaland Forum / Nairaland / General / Politics / Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? (25301 Views)
Kogi Speaker Momoh Jimoh-Lawal Impeached / Diezani Alison-Madueke Released On Bail - TVC News / Diezani Alison-madueke’s Neighbours Relieved (2) (3) (4)
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| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by hercules07: 10:48pm On Jan 11, 2012 |
Did Beaf not see the links, abi blindness don set in? |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by 2mch(m): 10:48pm On Jan 11, 2012 |
BlackBaron: Who will like to surprise us by guessing who owns these companies. . . hercules07: Selective madness |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by dtk: 10:49pm On Jan 11, 2012 |
This view is shared by a surprisingly large number of high-level government officials. But many discuss the matter only in whispers, because of a widespread belief that [b]Mrs. Allison-Madueke enjoys an unusually close personal relationship with the president.[/b] Finally, this has confirmed what i heard recently that Jonathan f-<k dis woman, So what else do we expect, tooo much power in her hands. This ripping off is too much. They run Nigeria ( over 150 mm pple) as if its their family (of 6) . Enough is Enough. The whole system from top to bottom is a fraud. We cant continue like this.  |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Nobody: 10:51pm On Jan 11, 2012 |
hercules07: you are asking a fool who sits drinking beer in a toilet if he can see  . the addled dunce has been ignoring this stuff all yearBeaf: [size=18pt]omuti, you better keep some space in that toilet for your fellow drunken fisherman . . .[/size] [img]http://latuffcartoons.files./2012/01/goodbye-goodluck-nigeria.gif?w=1024&h=693[/img] |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Baxilexi(m): 10:52pm On Jan 11, 2012 |
can we stop calling our president names? People who understand the nitty gritty about the politics in Nigeria would tell you that only a fool would do what we ask of goodluck jonathan(expose the cabal foolishness, revert and let tis cabal enjoy affluence more foolishness), even jesus himself knew that the weed and the wheat had to grow together. Its a game of minesweeper, and goodluck has. . . Though made sme mistakes but it's okay by my books Anyways, now that you know the cabal. . . For those who want to be heroes put on your battle gears, (only GEJ cannot fight this), and do it abruptly as well. If not shut d f up and let the man do his job @ his own pace. Any1 who has a problem with deziani, google her address and pay her a visit as well as the other cabal members. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Nobody: 10:53pm On Jan 11, 2012 |
BlackBaron: It exists alright. Tridax SA [Tridax AG] [Tridax Ltd] in Geneva instead of Port 1, 1204 Geneva, CH-660-2964010-8. New limited company. Statutes of 25.11.2010. Aim: international trade in petroleum products and other raw materials, mainly abroad; taken interest in any form whatsoever in any business or company for the same or similar purposes, or likely to promote its social purpose, by creating new companies or businesses, contributions, subscriptions, purchases of securities and investments or rights, or by merger or association (see full articles intended). Share capital: CHF 150'000 fully paid, divided into 150,000 shares of CHF 1, bearer. Publication organ: Swiss Official Gazette of Commerce. Communication to shareholders: Swiss Official Gazette of Commerce or in writing or by email if they are all known. Administration: Daniel Roy Joanes, Portugal, in Puplinge, President, and Richard Levinson, the United States in Geneva, both with single signature. According to statement of 25.11.2010, it is given up to a limited audit. Source: http://www.moneyhouse.ch/en/u/tridax_sa_CH-660.2.964.010-8.htm |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by gaddafe(m): 10:56pm On Jan 11, 2012 |
There is no authenticity to this news. But I don't trust DAM. I just hope these rumors are lies cause there are many lies and half-truth flying around. If not KASALA!!! |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Nobody: 10:57pm On Jan 11, 2012 |
lol Oyb. ''I swear, that (diezani) biatch, she be shady! Iz wada know!! , She standing buck-nekkid, in manolos, wiv a pair of fuel-pumps on her hips!'' |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Feraz(m): 10:59pm On Jan 11, 2012 |
2mch:to actually think it's a woman. . . .man, the men nuggets have been fried in bubbling oil. . .lol  |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by teddy2011: 11:00pm On Jan 11, 2012 |
Mrs Deizani Allison Madueke must be probed!!! She and the President are running things together!!! Why she says we cant fight corruption in the downstream sector with so much confidence, i dont knw? SHE MUST BE ASKED TO RESIGN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! SHE STOLE NIGERIANS MONEY!!!! |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Beaf: 11:00pm On Jan 11, 2012 |
Baxilexi: Don;t think this people do not know this. They do, but are here to play the fool. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by 989900: 11:07pm On Jan 11, 2012 |
There is no authenticity to this news. But I don't trust DAM. I just hope these rumors are lies cause there are many lies and half-truth flying around. If not KASALA!!! Try to read this http://www.channelstv.com/global/news_details.php?nid=30421&cat=Business "The refineries are actually working at this time," Madueke said. "When we came into office the first time around, which is now about 13 to 14 months ago, our refineries were at about 30 percent capacity utilization." "We have worked very hard to ensure that at this time, they are actually about 60 percent capacity utilization," the Petroleum minister said. She, however, added that the nation's ability to refine petroleum products was marred by the oil pipeline vandalism a recurring problem faced by the nation's oil-producing sectors. --Madueke 11-01-2012. If our refineries are actually at about 60% production capacity why should we buy @ 141/litre? How come 1.3trillion? How come your subsidy arithmetic is based on 100% importation of refined products? How much does it actually cost to refine a litre of PMS? |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by jpphilips(m): 11:11pm On Jan 11, 2012 |
I cannot but express my profound gratitude and solidarity to the NLC,TUC and other affiliate organizations. We in the oil and gas sectors are solidly behind you. Let me quickly introduce ourslves, we are a group of well meaning Nigerians in the oil and gas upstream sector who wish our voice to be heard in this battle to save Nigeria. While we negotiate with the government, these perspectives must be adressed. lets talk about this present day subsidy regime, the Cbn gov has already confessed he has evidence of round tripping , he said he paid subsidy on 15 fake vessels approved by customs. what did madueke do? nothing the reasons investors did not build refineries over the years was lack of cheap crude but the biggest reason is corruption how? licences were given to companies without the financial muscle to build refineries also part b of the license clearly states that these armed robbers have oil lifting license embedded in their refining license, tell me who will choose refining over lifting where he makes instant profit and inflated subsidy what did madueke do? nothing as usual do you know that NNPC does not have storage facilities for all those millions of products they are quoting and importing. how exactly does Nnpc wish to store 30million litres of pms? do you know that these fg goons went ahead to licence importers without storage facilities leading to the govt paying extra for storage on a product they are paying over 70 naira as subsidy can u beat this stup1dity and incompetence? what did iweala and madueke do? nothing, do you know that these leppers in Nnpc have no grading structure for imported pms low grade,mid grade and high grade all are pms same subsidy, same price even ethanol blends have subsidy paid on them, can you beat that? even abroad where the products come from have different prices. some are far cheaper than others which ordinarily should attract low subsidy what did madueke do? nothing. do you know that these bingos at Nnpc dont maintain their pipeline networks which ordinarily should link one depot to the other, they have to pay extra for tankers transporting these products all are subsidies. eventhough their foreign jv partners are maintaining over 1000 pipeline networks in Nigeria. what did madueke do? nothing. do you know that under madueke's watch demurrage is paid as subsidy to these importers . how cant they be reponsible for their import schedule? is it not commonsensical for madueke to prioritize the discharge of those vessels quickly in tank farms as not to attract demurrage for a product you are subsidizing? and they want us to tighten for a better future? which future ? can iweala,Sls and madueke plan for a sustainable future if given the task? dead failures. for every extra kobo you pay on pms you paid for madueke's incompetence. now they can see high expenditure but cant see how their incompetence is inflating the subsidy regime. Do u seriously think iweala will see it comming if it was true that economy will crash? Let us analyze the genere and politics of these issues There are more misnomers than facts surrounding this subsidy brouhaha. First, the Govt said the economy will collapse, ridiculous indeed secondly, the Govt said oil importers are a 'cabal', nearly fell off my seat. Comrades, there are no cabals, in 2009 the scarcity of petroleum products became intense and the Govt admitted that Nnpc through its subsidiary PPMC has failed Nigerians by their inability to meet up with the supply of pet. Products and that phenomenon gave rise to licensing of some people to 'assist' the Nnpc in doing their job for which they are paid for. Please don't forget that hitherto, Nnpc has been doing the importation and refining themselves before corruption eroded their common sense. These importers went abroad and came back with a price Nnpc is already aware of comprising of logistics, storage and administrative costs, these were quantified before they arrived at a price. The FG now fixed a price tag of 65naira on Pms and agreed to be reimbursing the importers the balance not oblivious of the fact that the landing cost is higher than the stipulated price To my greatest chagrin, the Jonathan’s administration woke up and termed them 'cabals' who are fleecing the nation. Assuming Ruben Abati goes abroad to buy a TM underwear for 1k and decides to sell it 1.5k adding purchase price plus logistics plus profit and the Govt tells him to sell at 900 naira, wont he ask for the 600naira balance? When the incompetent NNPC agrees to reimburse him, then he has become a cabal stealing from the GOvt? We are not docile, If Nnpc lived up to their responsibility, we won’t have need for the importers in the first place.There is no doubt that the subsidy regime is met with corrupt practices, is it not the responsibility of the govt to clamp down on those malfeasance? the Governor of central bank confessed during the town hall meeting that he paid subsidy to 15 fake vessels who connived with customs to falsify their papers. is this not fierce corruption? and we have a shameless commander in chief? by the way, how many naval officers patrol our waters on tax payers account? efcc,icpc etc The only solution that came to the minds of this disgruntled PDP administration is to remove subsidy into-to not minding its inflationary consequences. This is the si1liest approach any human being with brain if they have one can summon. Thirdly, Jonathan insulted the intelligence of Nigerians telling us that we don't benefit from this subsidy except for the importers and he had the unbridled temerity to be advertising it on NTA saying the rich are getting richer. This people are demons. When Ruben abiati's mother goes to the market to buy vegetable at a price, does he not know that the seller included cost of transportation to that price? So when the transporter buys PMS @ 65naira and fixes his price based on that, he says his mother did not benefit from the subsidy that guaranteed the price in the first place? In a generator driven economy like ours? It is either Ruben Abiati and his employers are drunks or they think that Nigerians are m0rons. I feel sorry for people that think that competition will crash the deregulated price erroneously juxtaposing it with GSM. Do you know that the price of crude being the raw material for refined pet. Products are sold at the same price world overl? If you agree to this, then, even if you deregulate and license 5million importers the product will still be expensive because crude itself is expensive. You will still need to subsidize it to 65naira, exactly why deregulation of diesel in part did not work.The only reason you have not bought diesel @ 200naira is because there are so many illegal refineries who bunker crude, settle JTF and refine diesel at a lower price. This people still pose a great threat to the importers who buy at a higher price that is why you get diesel @ 140naira elsewhere but in the delta i buy as low as 70naira. At this verge you will not over rule the fact that these unscrupulous elements contribute to the availability of diesel, if you are in doubt, anywhere you see cheap diesel, ask the dealer the source of his consignment If he is honest he will tell you the truth, when i was told, i took an hr 20mins boat ride to a remote village in the delta between Belema and Kola communities and i saw the local refinery myself. Conduct a chemical test on those cheap diesels if you are not convinced and you will realize a lot of additives are missing.Sounds incredible but those are the realities on ground.You now know why many importers in the delta hardly have diesel. I still feel sorry for those who think the Govt should build more refineries, that will not solve the problem either because there is no cheap crude to supply these refineries. Do you know that even the petroleum products from our present refineries at a disappointing capacity attract subsidy? that is what Sanusi is not telling Nigerians. This Sanusi's buisness model of increasing local price to attract investors is misleading. He should ask himself why so many buisnesses left the USA for Asia and Arrica between 1998 till 2008. The reason was because cost of doing buisness in America was high so there was need to tap into Africa's cheap land and asia's cheap labour. If you increase the pump price the spiral inflation will discourage investors, you pay high for land,labour, enegy etc. A brief insight in Nigeria's oil and gas model gives us a better outlook The oil production of Nigeria stands at 2.37 million barrels of crude daily. Nigeria get this crude in a JV (joint venture) with IOC's (international oil companies) and the Nigeria's cut stand btw 55% to 60% of the lot, if we go by 60% then, that gives a total of 1.4m barrels daily.If we average the crude price from 2009 till date, the price falls close to 100usd/bbl.In that case, Nigeria makes 140,000,000usd daily from this JV. Nigeria has a policy called DSO (domestic supply obligation) which mandates 250,000bbl/d of this crude to be refined and consumed locally,In monetary terms, the Nigerian govt is giving us 25,000,000usd worth of crude to refine. Our three refineries at optimum capacity utilizes about 450,000bbl/d which gives 45,000,000usd in monetary terms in other words, the price of raw material in this case, crude, accrued to our refineries comes at 45m usd per day , if you add refining cost and profit of 6usd per bbl,The total cost becomes 270,000,000usd per day.There is no way you can refine that crude at that price and sell it 65naira/ l and make profit. Meanwhile, once we mark out that 45m usd worth of crude for our refineries (assuming they are working at optimum capacity), the govt has already lost 45m usd from their 140m usd daily earnings (which will affect budget implementation) and after refining will still spend more money to subsidize it to 65naira/ l (you now understand why NNPC subsidizes the products from our refineries) With this analogy, you will agree with me that if all our refineries are working optimally, the govt will spend 3times our present day subsidy to bring the pump price down to 65naira/l . So, for those of you clamoring for refineries should be careful what you wish for because there is no cheap crude for you to refine. I have argued abinitio that the sales of other derivatives of crude will bring down the cost of most sort PMS,DPK etc but after doing some feasibility studies, i realized i was dead wrong. I further argued that to make cheaper crude available for our refineries, the Govt should reduce the price at which it is supplied unfortunately, the senate mandated the then GMD of Nnpc that the DSO must be sold at international crude price. This i believe was proposed for the following reasons: 1 the refineries are working below capacity so what the heck does Nnpc use the crude for? 2, there is a benchmark on crude price for budget implementation.With these reasons, any existing or yet to exist refinery in Nigeria will get crude at a high price and must need subsidy to sell at 65naira/ l, at this cross road, the then GMD of Nnpc decided that all crude should be exported and subsidy be paid on imported products. At this verge, i must reiterate here that competition amongst importers will only crash the profit margin but not cost price.Even if every Nigerian becomes an importer of pet. Prods, we can never change the fact that crude in the int l market is already expensive before thinking of refined prod. So we must need subsidy to make profit. Before this issue of subsidizing petroleum products can be addressed,You must have the following at the back of your minds: 1, Nigeria pegs a benchmark on crude prices to enable it implement budget. This stands at 75usd/bbl. And this crude is sort from the JV .2, if crude price exceed the benchmark above, Nigeria makes excess crude revenue (ECR) 3, conversely, if we make excess crude revenue, the price of subsidy on refined products shoot up.With the above analogy, One can argue that the ECR be used to subsidize imported petroleum products since both are a function of each other unfortunately in Nigeria, it comes with its own challenges. By law, the constitution clearly states that all revenue accrued to the FG be shared amongst the three tiers of Govt.This alone makes it illegal for the FG to keep the ECR to itself for whatever reason. This is where the wahala started, during GEJ's campaign, he astronomically increased workers salary without consulting the state Governors,most Governors have refused to pay on the grounds that they cannot afford it. On that grounds Taraba, jigawa and some other states have a genuine case.With the above development, the states started scrambling for funds and remembered the ECR and insisted it must be shared to enable them pay the new wage and develop infrastructures. you now understand why all state governors are for subsidy removal including the literally "one of us" comrade Adams oshiomole, because they know it will be shared just like the ECR The way forward: In the short run: All unions must ensure the FG, must consider these options, 1, identify and tackle the corruption and incompetence prevalent in the subsidy regime above. That will push down the cost of the subsidy in the first place.Like i said in April, no matter how sincere GEJ think his administration is, he cannot make any reasonable progress in the face of corruption, 2, the power projects must come upstream before removing subsidy, this will reduce the demand on pet. Products to a very great extent. 3, Nigeria must accommodate Gas export, port duties and other forms of revenue in their budget implementation policies. 4, Govt must never invest an extra kobo in our moribund refineries, by doing otherwise, the cost price of the refineries will rise to an extent that it will no longer be attractive to investors or will prolong their repayment plan.Thereby making it very capital intensive. 5, Instead of deceiving Nigerians with their cabal bullshit and deluding them that they don't benefit from this subsidy, the FG should channel that propaganda with intense lobbying to the senate,NLC and civil society organizations to stop the state governors from demanding for the ECR, this can be achieved by the FG asking the state to pay whatever increment they can afford for the workers that way the ECR will be used for subsidizing pet. Products. In the long run: Nigeria must seek local production capacity.It is no longer news that Nnpc and its subsidiaries have failed woefully in meeting the needs of the Nigerian people. Nnpc through its subsidiaries Npdc and Ngc are saddled with the responsibility of the above for oil and gas production respectively, but as i write, the current production of NPDC stands at a paltry 90,000bbl/ day which is a huge failure for an agency set up 23yrs ago, The IOC's has made us believe that it will cost less than 12usd to extract 1bbl of our oil. The Management of NPDC must be reshuffled and if possible experts brought in on contract basis to improve NPDC's production.These experts must be placed on targets appraised by milestones. in ogoni land for instance, Anglo dutch has a lot of abandoned production facilities and marginal wells and others scattered all over the country, these can be bought by NPDC with the money FG want to waste on refineries to improve production, If NPDC can extract oil at 12usd/bbl and make a little profit, with this cheap oil available, Nigeria will have no reason going to the JV. This cheap crude is what will attract investors to build refineries and create jobs against sanusi's pump price increase to attract investors and create another monster called INFLATION, A 250,000bbl/d refinery will cost a little above 5b usd, dangote alone can afford two of those only if NPDC can guarantee cheap oil. This is why no investor is coming to build refineries. A crude price of 18usd/bbl from NPDC will guarantee pump price of less than 22naira per litre of pms from these refineries.With this plan,By the end of this Administration, NPDC will have robust production capacity and the refineries will guarantee steady refined products. These refineries shouldn't be operated by the Govt for any reason.The FG will generate revenue from both ends, export of crude and export refined products and the production of NPDC must be increasing periodically. this is necessary because Nigeria as a member of OPEC has a limit to crude export but we can earn more revenue from petroleum products export. Once the above takes effect, there won’t be any need to be paying subsidy because pump price will be around 23naira/ l and inflation will reduce by 40‰. Now, how competent is Allison Madueke and iweala if they can’t figure this out? To think of removing subsidy at this stage where there is no electricity and high corruption rate will be tantamount to economic suicide. I cant believe iweala and sanusi are using trial and error approach to economic solutions please try the next country or preferably Haiti. What iweala forgot is that in the face of inflation, the cost of running Govt projects will be high, All Govt contractors will definitely come back for contract variations or Abandon those projects. As a sound economist, she should tell Nigerians the value of 1.3 trillion naira ( she intends to save on subsidy removal) in the face of 60% inflation and how many projects Nigerians will benefit from the subsidy removal.If you remove subsidy and the money disappears, then it is a NO NO for Nigerians. Now, let us analyze possible solutions to this economic quagmire. I have a deal for iweala. fight corruption and inefficiencies in the subsidy regime and bring it down to 300billion for this year. The management of Npdc must have a target of 150,000bbl/d by dec 2012. on january 2013 subsidy will go by 50% and by dec 2013 Npdc should guarantee 200,000bbl/d on 1st january 2014 subsidy must go 100%. with or without the refineries on ground, then if Nigerians are sacrificing, they will know it has a limit pending when refineries that will utilize the cheap oil on ground arrives. tell me what WE are sacrifising for today? eternal slavery? I and my generations cannot and will not sacrifice for Govt's incompetence. All unions should never accept partial deregulation, it is more dangerous than total deregulation because Nigeria hasn't a price regulatory agency who ordinarily should put the markets and commuters on check. Deregulation in the down stream sector is not same as telecoms, we need structures to support it which Nigeria have not got unlike the later. God bless you as you fight this battle for mankind Written by; concerned oil and gas activists |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Roughlen(m): 11:13pm On Jan 11, 2012 |
Another reason why dey couldn't help but remove subsidy is cos governors have refused 2 accept/collect their monthly statutory allocation except subsidy deduction from de federation account is stopped. The quantum leap in subsidy money from 300 billion to 1.3 trillion made no sense to them (governors) and de fed govt couldn't come up with an acceptable explanation. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by 989900: 11:13pm On Jan 11, 2012 |
Mrs Deizani Allison Madueke must be probed!!! Her husband was former military administrator, they have oil fields . . .is it surprising if the allegations are found to be genuinely true? |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Nobody: 11:14pm On Jan 11, 2012 |
^^^^ mr man, why are you eating your words? did you not spam this board with transformation, gej is reformng pdp, gej is a quiet achiever, gej is slow and steady, gej is methodical now all you can do is give us lame excuses for his munificent incompetence between the man and diezani close to 1trillion in fuel lifting contracts has been going into a black hole of suitcase contractors. in your typicl despicable mein, you ave tried to pin this on legitimate oil companies. now the cat is out of the bag you are back to your bare faced whining about how your dunce needs time  and now the world knows what all nigerians including the nl sycophants know nothing not a lion, a general, just a lying dunce in a hat |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Nobody: 12:31am On Jan 12, 2012 |
The bastard s should be crucified and hanged! |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by tboy30: 12:54am On Jan 12, 2012 |
abeg, omo am really short of words.am more than disappointed in the Nigerian Govt system.I guess the so called Cabal is the Govt itself.I live in a europe n see how things work here.i get our greatest problem is illetracy, How can 1 person hv so much money, Na wa oo.I pray the money doesnt choke them, |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Exponental(m): 1:35am On Jan 12, 2012 |
Dat momoh of a guy, i dont trust. A man who cant define himselp as MD NNPC, blarbing n using "I think" 2 ans bukolas question. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by chuxyn: 6:09am On Jan 12, 2012 |
This is no longer about subsidy or Jonathan, what we need right now is a national day of restitution, from all those that have plundered this country, robbed our families and stolen the future of our youths: Beginning from Ibrahim Babangiga of Niger State, Igbinedion of Edo State, Peter Odili of Rivers state, Obasanjo of Ogun, the Abachas etc, these rallies and protests should be their houses |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Baxilexi(m): 7:19am On Jan 12, 2012 |
chuxyn:this has been the basis of my sermon all day, some NLC officials have succeeded in diverting the attention of dense populace, making them aggregate @ buffer zones that defeat the essence of the strike. Lets look at it this way, we are ill (this nation) are you supposed to, firstly bring causative agents to book? You'd end up being a good diagnostician, but the patient(nigeria) would die (2015) - which alot of people on this thread are, they can rant all day about these thieves(past presidents, minister, senators etc) or help GEJ heal nigeria, once we have been resuscitated, we can have a sequeal protest asking him to probe all corrupt govt officials and subjecting them to capital punishment or something similar. NIGERIANS PLEASE THINK, ALL THE YEARS OF EPILEPTIC POWER SUPPLY, HAS LABOUR EVER HAD REVOLTED. . . NO! WHEN/NOW THAT MINIMUM WAGE WAS/IS CHICKEN FEED DID/DOES NLC HAVE A PROBLEM WITH IT, No SO WHY IS IT THAT AT THE SLIGHTEST CHANGE IN THE OIL AND GAS SECTOR NLC INSTIGATES CHAOS, IF THEY WANT NIGERIA TO MOVE FORWARD AS MY COLLEAGUE HAS SAID THEY SHOULD TAKE THE PROTESTS TO THE PERPETRATORS (of financial crime)HOUSES. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Nobody: 7:47am On Jan 12, 2012 |
Let us assume the story above is true from the poster BB.Why then are people protesting the removal of the subsidy that will put a end to this payment to this corrupt officials.Yank this subsidy off otherwise the corruption continue indefinately |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by gonon: 8:13am On Jan 12, 2012 |
The CABAL dey sell form? I for like join ohhh, lmao, Please don't believe all dem useless broadcasts. On New years' day there was a broadcast about three cars loaded with bombs in Abuja and till now nothing happened. Anybody including you the poster can put up a lie and have people panic for nothing. As for me, i don't believe this post and yes i am a future CABAL, |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by kolexy(m): 9:54am On Jan 12, 2012 |
Oando Oil, CONOIL, African Petroleum and MRS Oil are among the powerful players in the petroleum sector that have shared over N3.655 trillion between 2006 and September2011 in pursuit of importation of refined petroleum products. This was revealed today in Abuja by the Nigerian Senate joint Committee on Petroleum (Downstream), Appropriation and Finance. Senator Magnus Ibe, the chairman of the committee, also disclosed that some 100 companies in the downstream sector and in construction, shared over N1.426 trillion between January and August 2011 alone. Oando Oil is owned by Wale Tinubu, Mike Adenuga owns CONOIL, Femi Otedola owns AP, while MRS Oil is run by Aliko Dangote's brother, Sayyu Dantata. Other key players named today include Pinaccle Construction Ltd, as well as Integrated Oil and Gas, which is owned by a former Minister of the Interior,Capt. Emmanuel Iheanacho. The full list as read out by Senator Abe, is as follows: 1. Oando Nigerian Plc. – N228.506 billion Adewale Tinubu/Omamofe Boyo/Onajite Okoloko 2. MRS –N224.818 billion Saayu Dantata/Aliko Dangote 3. Pinnacle Construction-N300 billion 4. Enak Oil & Gas –N19.684 billion 5. CONOIl – N37.960 billion Mike Adenuga 6. Bovas & Co. Nig. Ltd. – N5.685 billion, 7. Obat N85 billion and AP; N104.5billion. 8. Folawiyo Oil - N113.3 billion 9. IPMAN Investment Limited- N10.9billion 10. ACON - N24.1billion 11. Atio Oil-N64.4billion 12. AMP- N11.4billion 13. Honeywell-N12.2billion 14. Emac Oil- N19.2billion 15. D.Jones Oil-N14.8billion; 16. Capital Oil - N22.4 billion Ifeanyi Uba 17. AZ Oil- N18.613billion 18. Eterna oil- N5.57 billion 19. Dozil oil- N3.375 billion 20. Fort oil-N8.582 billion. 21. Integrated Oil and Gas- N30.777 billion! Emmanuel Iheanacho Guys, please update this list. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Tsan(m): 10:14am On Jan 12, 2012 |
Can this Be True. Exposed: Oil Minister Alison Madueke Buys €20m Mansion In Vienna See Link: http://transparencyng.com/index.php?option=com_content&view=article&id=5715:exposed-oil-minister-alison-madueke-buys-20m-mansion-in-vienna&catid=72:international&Itemid=86 |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Ejiekwu1(m): 10:17am On Jan 12, 2012 |
We need more info, please |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by queensmith: 10:45am On Jan 12, 2012 |
I dont believe in this soo called cabal and sensible nigerians should not encourage it. It's a senseless idea. It allows the polititians to push blame, justifies the outrageous extent of curroption in the system and fully allows them to continue doing nothing about it. The idea of untouchables indeed, are people trying to tell me Nigeria a country that lacks any sort of solid infrastructure security and organisation have somehow come up with a complex group of individuals that cant even be apprehended by the president of the state? Are they Osama? Moreso- If a cabal does indeed exist, it might as well be made up of everyone and anyone who encourages corruption by a single act of bribery and dishonesty. This may be the main reason why the criminals cant be apprehended, dogs cant eat dogs. |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by vezycash(m): 11:13am On Jan 12, 2012 |
Take back powr from the wicked governemtn |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by IYANGBALI: 12:37pm On Jan 12, 2012 |
Tsan:how do i get to meet this lady? i would like to befriend her so as o have my own share of the national cake craze dtk:upon all the work wey dey for ground GEJ still get time to dey fok him minister?aunty patience own do tire am? |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by Bojiboji: 12:47pm On Jan 12, 2012 |
lucenzo: Jonathan is very corrupt and dangerously corrupt!!!!!!!!!!!!!!!!! If you sorround yourself with corrupt people, it is because you are also corrupt. Jonathan is using her as a cover for his corruption. Like the rumour that has been going round that Madueke sister gave birth to Jonathan only child or children and that her sister was given oil bllock licences. The reason why the president is corrupt without requiring any investigation is this, if the president knows that he and his family, his staff and other hangers on in Aso Rock cannot eat more than N900m and he goes ahead to present the budget to the national assembly for approval, he is corrupt and dangerously too!!! Again newspaper N10million!!! Are the newspapers and magazines made with gold? Is is not these papers we buy in Nigeria at N150 or N200 even if they are contracted out for N300 to a contractor and you add foreign magazines for 365days haba!!! All the budget figures he presented are bloated and bogus. haba!!! This is usual with Nigeria abi? Sanusi where are you? trying to confuse us with your opportunity cost grammer. Did you not see all these figures? Why did you not challenge the finance minister who prepared this budget? How many people are in Aso Rock? Does it include the president's SAs and PAs with their families? Explain, what kind of food are they going to eat? Fried Rice made with diamond!!!!! The president says he feels our pain, pain on the leg that is not wearing our shoes!!!!!! The president says we should swallow this bitter pill so that tomorrow will be better but he will not lift the drug with his finger!!!!!!! The FG story has been the same from IBB, OBJ and GEJ. Na today? Please formulate new stories so that we can continue our mumu timid life!!!! We should be ashamed of some of the religious leaders who are keeping quiet on the suffering of the poor. God will ask them why they are not acting like the Good Samaritan!!!! The FG said they will not reverse their decision. Does Nigeria belong to them and are we not operating a democracy? Is it because they are in control of the instrument of violence? They should answer these questions before people get angry and expel them but if not that we Nigerians are bad and corrupt like the government we have we should have called on God to send His angels to handle them. GEJ believes Nigerians have given the mandate to implement Ogboni's agenda (wickedness) on Nigeria from the last general election just like OBJ did for 8years. Afterall, is it not the driver of the vehicle that determines which direction the vehicle takes unless he is forced to jump out of the vehicle or we all face the consequence!!! |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by cokhale(m): 3:24pm On Jan 12, 2012 |
thank u fans |
| Re: Momoh, Madueke, Nezor SA, & Tridax SA: The Real CABAL? by TCash3(m): 5:20pm On Jan 12, 2012 |
How many of us have bothered 2 research some of dse infos 2 verify them? We can do better than pour out our vexation abt every post. I did some searches and dug ds out: http://saharareporters.com/news-page/exclusive-report-crude-oil-lifting-contracts-yar'adua's-cash-cow D report was prepared when Yar'adua was alive bt it's a pointer 2 some of what's happening within d corridors of power among d elites, d war against corruption before us as Nigerians & d cabals Jonathan may be refering to (though he's not totally out of it). CHEERS!! |
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