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Nairaland Forum / Nairaland / General / Politics / Shell Official Says Niger Delta Is No Longer Attractive To Investors (6107 Views)
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Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Blue3k(m): 2:55am On Aug 21, 2017 |
Diademk07: Stop exposing yourself. All this mad ranting like you have rabies. Edo has always been ND. 3 Likes
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Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Adminisher: 2:59am On Aug 21, 2017 |
The youth of the ND do not know the great harm they are doing. The future is already leaving them behind. 7 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Diademk07: 3:00am On Aug 21, 2017 |
Blue3k: Tell that to your stupid sister who keeps seeking for Yoruba attention even when we don't want prostitutes like her! 5 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Diademk07: 3:03am On Aug 21, 2017 |
Blue3k: Edo is SS, not Niger delta! If Edo is Niger delta, then Ondo state is Niger delta as well yet we don't scream out our lungs over every niger delta issue because we know we aint ND. Edo state don't even have a sea yet they are claiming ND. Lol. 3 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Blue3k(m): 3:05am On Aug 21, 2017 |
Diademk07: Shut up child. End your emotional tantrums. 1 Like |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Diademk07: 3:08am On Aug 21, 2017 |
Blue3k: Who's a child? I won't insult you because you seems to be a goodie boy but learn to mind your business. 2 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by step1: 3:38am On Aug 21, 2017 |
Afam4eva: So Niger delta should stop complaining then if they like to use their money for tissue paper or be looted. Imagine This, a boy has a Land, I am a farmer, I grow the corn and after harvest I give the boy 13% of my revenue, not only that I share the remaining 87% with him and his other brothers, I still use some of the money and give it to his mother (nddc) anuty and co to be giving him pocket money and all he needs. Yet he is still burning my crops and stealing my tools. Also you keep talking of region people. For crying out loud this region is under the laws of the federal republic of Nigeria so they are not autonomous. My state is being called no man's Land, my village is lost to the city;have you seen us kidnapping and burning government or private structures ? 8 Likes 1 Share |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Afam4eva(m): 3:51am On Aug 21, 2017 |
step1:Your analogy is stupid. Sorry to say. The land is not yours and the owners did not give you permission to cultivate it. You forcefully took the land in the name of one Nigeria, brought companies from abroad as well as sell oil wells to your friends and cronies most of who are not part of the family of people that own the land and then you think by giving them 13% of the land that you stole is good enough. I'm not saying 13% is not a lot of money. Sometimes, i wish we in Enugu had 13% of anything. We would have gone very far by now. But that's not the point. The world over, resources are owned by states and regions and that's what makes Texas the second richest state in the US. Their oil is not controlled from the center. That's exactly what the Niger Delta needs. Under this present arrangement, the states need to manage their own resources and by tax to the federal government. That's the common practice all over the world. We must stop making it look like we're doing them a favour because we aren't. if they control their resources, however they choose to spend the proceeds is none of our business. It's the business of their people to hold them accountable not those it does not concern. 5 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 3:51am On Aug 21, 2017 |
An Investor saying the investment opportunity is no longer attractive to investors. So what is Shell still doing in Niger Delta? |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by step1: 4:04am On Aug 21, 2017 |
Afam4eva:You can pass your message across without the word stupi.d So they should agitate to leave Nigeria. What are you even saying? So long as the laws of Nigeria hold, no resource is for any individual or group of people. We have Niger deltans that own oil wells so what are we saying. I am here and I know the mentality here and I tell you the region cannot grow with this sense of entitlement. Watch Niger delta's that don't have this silly mentality and compare with the ones that have. Abeg make una do what you want. Nigerians don't like reading or hearing the truth. Blow up all the pipelines and employ only Niger delta's. I don tire 6 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Afam4eva(m): 4:06am On Aug 21, 2017 |
step1:Which state are you from? Abia? 3 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by step1: 4:11am On Aug 21, 2017 |
Afam4eva: Why the question ? 4 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Afam4eva(m): 4:17am On Aug 21, 2017 |
step1:Is your state now a top FBI secret? Just wanna use to explain something. 2 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by step1: 4:19am On Aug 21, 2017 |
Afam4eva:why the sarcasm. Explain what you want to explain. Use any state that comes to mind 4 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Afam4eva(m): 4:28am On Aug 21, 2017 |
step1:Now imagine you're from Ebonyi state having in mind that Agriculture is what makes the state and then the federal government tells your state that they can no longer control the agriculture in the state. That it will take over the agriculture in the state and give 3 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Blue3k(m): 4:42am On Aug 21, 2017 |
Diademk07: Dude you must be kidding. Your emotions are getting best of you. Stop acting like your browser doesn't have search engine. Yes Ondo and Edo are also Niger Delta. Imo is Niger Delta and it has no sea funny right. Who is this we your referring to. We should inform NDDC and Nigerian government your not Niger Delta. There's was a huge mistake you and your friends discovered. Diademk07: 2 Likes
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Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by greenmonk: 6:09am On Aug 21, 2017 |
hammerT:Who sponsored your state governor to loot your state treasury. who sponsored you to sell your vote put criminals in position of power? |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Blizzy9ja: 6:20am On Aug 21, 2017 |
majekdom2:Shell left the people with no other option |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by hollywater: 6:50am On Aug 21, 2017 |
They should leave as fast as they can. At least we can take back our land and use it in the way we can. While Afonjas and Cows can go back to their place and start begging and gossiping. |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by omohayek: 7:48am On Aug 21, 2017 |
Afam4eva:Actually, you have this very, very wrong. The world over, resources are owned by private individuals and corporations, not states. The government of the state of Texas owns absolutely no oil wells itself, and has never demanded the right to directly obtain the revenues to be obtained from oil or any other resource: like all other American states, Texas simply taxes the profits of oil companies, while regulating them for things like environmental impact, etc. All this talk of "states" and "regions" controlling assets is simply a fancy way of saying state and regional elites should be left in peace to loot 100% of the oil rents by themselves, not a serious argument in favor of local development. What the Niger Delta needs is for private land owners in the region to be guaranteed ownership of whatever is found underneath it, so they can benefit directly from any oil finds made by outsiders, instead of having to wait for an Ibori to drop them a few crumbs now and then. The ugly truth of the matter is that arguing for private property rights to mineral resources is unpopular even within the Niger Delta itself, because most of those demanding "resource control" are just another set of rent-seeking parasites who want to muscle out all the other rent-seeking parasites in the rest of the country: that's really all this talk of "freedom fighting" comes to, a big shakedown by thugs looking for big paydays, but the all too foreseeable side-effect has been to drive away investment from the region, investment no amount of hectoring and whining will bring back if the same old parasitical attitudes remain in place. 12 Likes 5 Shares |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 7:49am On Aug 21, 2017 |
Blizzy9ja:Na only shell dey complain, how about the other IOC's? Is it shell that is supposed to be attacked or the federal government? That's the difference between lagos and ND. Rather than attack the investor, attack the government. Will people not be forced it is th government that is fueling the attacks on these companies 2 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:09am On Aug 21, 2017 |
step1:they will never agree to the views of strangers. It's a cancerous mentality that everyone is out to "rip" them off. I think one problem is that they are not well travelled. If you check well, the way the south easterner address isssues is quite different from how south south has been, that's because an average Igbo man is a traveller. 1 Like |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:12am On Aug 21, 2017 |
Afam4eva:an average ND has this give me make I chop mentality. I have told you, it's not about controlling or having resources that makes great. People, process and technology. Once there is a missing part of it, it gets really unsustainable. 1 Like |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:15am On Aug 21, 2017 |
Diademk07:stop the ignorance now.. |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by successincentiv(m): 8:19am On Aug 21, 2017 |
What makes it unattractive ? |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:20am On Aug 21, 2017 |
Afam4eva:Thats the point, no matter how much money you give them, it will never be enough. Give them 100 percent and see them say they still have other shares in Nigeria's wealth. Na today! 1 Like |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:22am On Aug 21, 2017 |
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Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:24am On Aug 21, 2017 |
deomeelo: If you had been to states like Akwa ibom and rivers some 12 years ago before the 13% derivation was passed you'd appreciate the impact of that law. Forget all that talk about the Niger Delta and corruption; there's worse corruption in Abuja and the north and even among SW states. The Niger Delta has improved rapidly in the last 10 yrs. But if you're expecting it to be like Dubai for a 13% that hardly amounts to 4 or 5bn a month then you're funny. Even Abuja that has been built already still has nearly the largest monthly allocation in Nigeria. The NDDC is a sham. What is needed in Nigeria for the better is fiscal federalism else we'd keep on buying drugs to cure the ailment instead of addressing the problem that caused them in the first place. And besides from when oil was discovered in the Niger Delta till 2000 despite the peace there was no development of sorts at all and expect the People not to get restive? The rotten tooth has to pulled out first before the mouth can chew in peace 1 Like |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:34am On Aug 21, 2017 |
Fifthcolumnist:there is corruption every in Nigeria that's not to say there are no visionary leaders. @ bolded. I was in PH for more than 10 years. There wasn't any much change until someone visionary came and that was Ameachi. Just like some southwestern states couldn't boast of meaningful developments until visionary leaders took the helms of government. It's not about the money allocated really. This man's point is not turning the state into dubia. It's about making it a conducive environment to do business. Why was there no refinery in lagos before now? Why was it port harcourt? See, truth is what's obtainable in the ND especially state like rivers isn't anymore. I made a clear examples where expats where clients to Normal Nigerians, that's not the case now. Even the infrastructure you are talking, are you saying a state like rivers hasn't got enough funds over the years to make it look like lagos and abuja? |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by madenigga(m): 8:57am On Aug 21, 2017 |
Afam4eva:This line is becoming stale. An average Niger Deltan has high criminal/militant tendency. 4 Likes |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 8:59am On Aug 21, 2017 |
majekdom2: Yes, it's hasn't. Forget the figures, they are widows mint compared to what was invested in Abuja over the last 30 years or what was built in Lagos between the Colonial govt and when the federal government left. The truth is a lot of money is need to develop a swampy marshland like the Niger Delta. Building a 10km road in Bayelsa would cost over 5 times the cost in Benue. That's one factor most people don't look at in their analysis. The 13% that is so much talked out amounts to 1.03 trillion for the highest earning ND state in 15 bloody years. That's 68 billion a year. When you go down to states like Imo, Ondo and Cross river it ranges from 10-20bn a year. Sincerely how much is that relative to myriad of problems and infrastructural Gap in the Niger Delta?. Yes Ameachi did quite well cos he benefited from the 13% derivation that was became law just before he stepped in. 1 Like |
Re: Shell Official Says Niger Delta Is No Longer Attractive To Investors by Nobody: 9:08am On Aug 21, 2017 |
Fifthcolumnist:Yes, I agree those 2 cities are what they are because they were once Nigeria's HQ. Calabar is not far from the same story. I read sometime about LNG constructing a bridge from bonny to ph and how long it will take and how they want to partner with FG. Someone said to me, It will never be possible. I understood what he meant fully. What the shell spokes man is just saying is, individual are scared to put their money in the ND. Imagine if dangote's refinery was being built in ph. Blowing up pipelines and attacking private investors facility does not make any sense to me really. If you want to fight for proceeds, tackle that will FG. The oil companies have nothing to do with proceeds that come from oil, that's FG's business. What is development without investments that will create jobs and opportunities for the people? |
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