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Computers / Re: Internet Usage In Africa: Nigeria is Second by silvernice(m): 10:33pm On Dec 07, 2009
south africa are there preparing to host the first world cup here in africa and we are here appraising ourselves of meaningless things. statistics that came about by recurrent fraud and yahooing. lets grow up please. such stats wouldn't put food on your table.
Computers / Re: Internet Usage In Africa: Nigeria is Second by silvernice(m): 10:32pm On Dec 07, 2009
south africa are there preparing to host the first world cup here in africa and we are here appraising ourselves of meaningless things. statistics that came about by recurrent fraud and yahooing. lets grow up please. such stats wouldn't put food on your table.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 8:38am On Dec 07, 2009
facilitator is very stressful and sometimes discouraging when he comes in contact with unserious persons.sometimes the chain of facilitators and agents to a deal makes everything tiring.the fee of a facilitator is much lower than that of an agent but it is something compared to the effort.a facilitator is like a catalyst that initiates a deal.once started his job is almost over.whats left is his returns and benefits.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 8:29am On Dec 07, 2009
WHO IS A FACILITATOR?
a facilitator in the oil and gas field is more or less like a middleman in the world of commerce.a facilitator is someone who searches for both buyers and sellers of an oil commodity.he in many cases looks for agents to companies or individuals who need a particular oil product available for sale. a facilitator spends both time and money trying to get both genuine and serious buyers and sellers.the work of a facilitator
Business / Re: Exclusive Charcoal Export Study Report ! by silvernice(m): 11:15pm On Dec 06, 2009
thank you very much for the intelligent way you guys tackled this man or boy. such information thieves should be flushed out. i wap about calling this number when i read you guy's reply.how can some one become an instructor when he was a novice some few days earlier.he needs money to feed by selling peoples' suggestion.grow up and be wise boy.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 8:55am On Dec 06, 2009
more oil and gas terms
mt799,sgs,bill of lading,c.p.a- charter party agreement,mandate,facilitator,sharing ratio and gross. more terms to come and more explanations.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 8:40am On Dec 06, 2009
mandate to the seller's mandate as this is a prerequisite before any transaction can occur. many a times buyers issue L.O.I only to find out that the seller or his agent is not genuine or does not have the supposed product at hand.a lot of hungry facilitators do this when they are still struggling to get a supplier.they commit the buyer only to start hustling for a seller.also note that the L.O.I has an expiry date but it can be re-issued.cheers
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 8:31am On Dec 06, 2009
LETTER OF INTENT(L.O.I)
The letter of intent is a legal document not just a letter issued by the buyer's bank to the seller through his agent to show that the buyer is truly interested in purchasing a particular oil commodity. the l.o.i is issued with scrutiny by the bank as this shows the outright commitment of the buyer. some times the terms of purchase which appears in the SPA is also included in the L.O.I. the L.O.I is issued thru the buyer's
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 10:57pm On Dec 05, 2009
the proof of product can be verified by shell screen both in nigeria and in london or any other reputable oil and gas body. once a genuine p.o.p has been confirmed other steps in the deal can now resume. if a vessel has no p.o.p please do not enter into such a deal. you might just Lose your money or just waste your time. cheers.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 10:52pm On Dec 05, 2009
PROOF OF PRODUCT(P.O.P)
As the name implies, the proof of product is a document issued by the owner of a particular oil commodity in a vessel or a seller of an oil commodity showing that he truly possesses that product and it is still available for purchase. it can be issued in paper form,online or by electronic form. the p.o.p is a document that can be verified and should always be by the buyer of the oil product before he commences any deal.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 11:51am On Dec 05, 2009
ways by which people defraud others with the spa.
once an agreement is reached by some parties and the spa has been signed, some fraudsters fault the agreement deliberately and demand a penalty fee of $100,000 or more from the buyer thus forcing the buyer to pay for a deal that never occured.this is usual with many desperate facilitators and agents so be careful when you enter any deal cos many nigerians out there are scammers.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 11:39am On Dec 05, 2009
and buyer present in it. a copy of this document is given to the banks of both parties in the deal while copies are also kept for security reasons. since the spa is a legal document,care should be taken before it is signed since many people defraud others with it.it is often times in soft copy and is printed out and filled by the other party. more info to come.
Business / Re: Oil And Gas Terms You Need To Know. by silvernice(m): 11:35am On Dec 05, 2009
SPA- SALES AND PURCHASE AGREEMENT,
this is a legal document which is presented by the seller of a supposed oil commodity through the sellers agent to the buyer or his or her agent or mandate for the buyer to sign,seal and return back to the seller.it is a legal document binding on both parties once signed and incurs a penalty if one party defaults in fulfilling his side of the purchase contract. most likely it has the terms agreed by both seller
Business / Oil And Gas Terms You Need To Know. by silvernice(m): 10:23am On Dec 05, 2009
good day all oil and gas interested persons. i have some terms you may need to know when venturing into oil and gas.;-)
spa- sales and purchase agreement.
pop- proof of product.
nor- notice of readiness.
loi- letter of intent.
bg- bank guarantee.
atb- authority to board.
atl- authority to load.
q@q- quantity and quality.
bcl- bank confront letter.
other things you might need to know are : mandate,facilitator,bank coordinates e.t.c
more to come

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Education / Re: Uniben 2009/2010 Post Ume Result Out by silvernice(m): 8:44pm On Dec 04, 2009
hey czarskit i should say you are a fool. i'm in my final year now and I've never stayed in the hostel. i wonder how you know the profile of some one you have not seen. grow up lol.
Education / Re: Uniben 2009/2010 Post Ume Result Out by silvernice(m): 5:39pm On Dec 04, 2009
if you have pin problem or blank result page hurry to the main auditorium in the skul.if you see admission disabled you might need to get to the skul. if you see not admitted please try again later. all pharmacy students welcome you all to see hell in that skul i can promise you that.that department is tough and terrible. no e's or d's .all lower grades other than a C is equal to an F. if you fail your MB exam twice u will be flushed out
Education / Re: Uniben 2009/2010 Post Ume Result Out by silvernice(m): 5:30pm On Dec 04, 2009
hi prospective students.i welcome all successful students to great uniben.a word of advice is to stay out of cultism or you may never graduate. dont get carried away by some bad friends. i stay in ekosodin the home of the bad gangs. please he you will find yourself there dont mess up or you will be terribly dealt with.at least i have been there for 4-5 years now.
Nairaland / General / 6000 Mega Watts- A Fact Or A Mirage? by silvernice(m): 9:29pm On Dec 02, 2009
the president and his cohorts promised we nigerians 6000 mega watts of electricity by december but here we are still wallowing in noise of generators and air pollution including queues in the filling stations.please we should strive to reason that every promise made to the nigerians is a scam. there political wolves will ravage this nation till the end of time.
Nairaland / General / Re: Pls I Want Help On Opening Paypal Acct by silvernice(m): 9:16pm On Dec 02, 2009
hi paypal novice. i can help u open,verify and fund ur paypal acct. email me prosperityconcepts07@yahoo.com
European Football (EPL, UEFA, La Liga) / Will Barcelona's Reign Last Very Long? by silvernice(m): 5:49pm On Dec 01, 2009
barcelona is a club that is fuming hot and winning all titles and trophies with the likes of players like lionel messi, andriy iniesta,dani alves,ibrahimovic and the rest but can we be rest assured that in seasons to come barca will not drop due to injury or exit of players from the club.well i feel they are in their peak now.what do you think?
Politics / Re: Federal Government Suspends Fuel Importation (Says LeadershipNigeria) by silvernice(m): 10:02am On Nov 02, 2009
its really,really painful and terrible that nigeria can still be in such a ugly situation.i can't imagine that a litre of fuel a basic commodity everyone needs is used as a tool by this wicked and evil yaradua and pdp administration to inflict pain and anguish to everybody. not so long we celebrated the 49 years of uninterrupted shame of a nation and we are still wallowing in rubbish. nigerians are suffering.please pdp don't bond back 2011!
Business / Re: Atb For Blco Urgently Needed by silvernice(m): 4:19pm On Sep 02, 2009
well if you are really interested call me n 08094834673 let us talk. let me knoew the quantity you need,cif or tto and how the deal is to go.SPA is ready.
Career / Production,mechanical Engrs, Lets Talk by silvernice(m): 4:11pm On Sep 02, 2009
hi every one. i hope we can discuss issues relating to mechanical and production engr in this forum. so lets share our views on topics now.
Certification And Training Adverts / I Need Help On PDMS, Autocad by silvernice(m): 4:04pm On Sep 02, 2009
pls if there is any one in the hose who can help me on how i can get pdms tutorials,softw and autocad softwares i will be deeply grateful. pls reach me on prosperityconcepts07@yahoo.com
Adverts / I Supply Diesel At Any Quantity. Contact Me For Purchase by silvernice(m): 1:12pm On Jul 28, 2009
i sell diesel in large quantities and i supply to anystate in nigeria. in case you are in need of it please contact me and let me know. Call me on 08059922595 or 07032287193.
Jobs/Vacancies / Re: Vacancy: State Coordinators Wanted Urgently. by silvernice(m): 5:02am On Jul 23, 2009
as a student you can participate as a state coordinator. you do not need a c.v or even being a graduate of any higher institution. the position is open to all so feel free to participate. best regards.

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