Autos / Re: 2013 Ford by Vivere: 12:29pm On Oct 18, 2017 |
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Autos / Re: 2007 Mercedeze ML350 Tokunbo For Sale by Vivere: 12:46am On Oct 18, 2017 |
theo07: Automatic transmission Keyless entry Leather seat Reverse camera DVD head rest Fog light Alloy wheel Factory ac cd player Airbags complete First body new tires Low miles
For more information
Contact: Olaolu 08069034877 / 07010762472 Whatsapp:07010762472 / 07080449408 Bb pin: 2B17C860 Location?? |
Autos / Re: Super Extra Clean 2012 Tokumbor Range Rover Sport (luxury) by Vivere: 12:34am On Oct 18, 2017 |
erico2k2:
Oga i have a 2012 Range rover and I also bought a 2010 Model b4 I upgraded so I know the difference, the split boot and terrain button where major upgrades.The power boot also.There is a black label under that driver side door you posted, show us the year nahh or post teh VIN make devil shame Bigger boy!! ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Politics / Re: 'You Cannot Withdraw Your Surety Until You Produce Kanu' - Judge Tells Abaribe by Vivere: 12:03am On Oct 18, 2017 |
Megatrix:
They don't have to prove that the army is holding him. They just have to prove that the army's action led to his disappearance Ehn?? Prove that it led to his disappearance, and you think this would not fast track the forfeiture of Abaribe's bond money to the courts?? |
Autos / Re: Clean 2011 Ford Explorer For Sale by Vivere: 11:57pm On Oct 17, 2017 |
t9t9: The vehicle was shipped to Nigeria about 2 years ago. Rarely used as the owner only drives it when he visits Lagos.
Low mileage (60,000 miles) and absolutely clean.
Colour: Black
Condition: Nigerian used
Price: N5,800,000
Location: Surulere, Lagos No contact details? So how does a prospective buyer get across to you, to arrange for an inspection?? |
Autos / Re: Direct Tokunbo 2010 Range Rover Sport (diesel)... Asking Price: ₦7,600,000 by Vivere: 11:54pm On Oct 17, 2017 |
Diesel?? With all the adulterated diesel wey full ground so? |
Autos / Re: Reg 08 Nissan Xterra For Sale 2m Asking by Vivere: 11:25pm On Oct 17, 2017 |
zizzo: Still available Is this just a 2-wheel drive or does it have the auxiliary switch that converts it to a 4-wheel drive? |
Celebrities / Re: Wizkid's Son, Ayo Jnr Stuns Alongside Mum In Nigerian Fabric [PICS] by Vivere: 11:00pm On Oct 17, 2017 |
motun2017: God please i dont want to ever be a babymama .i know im not perfect but pls Lord sanu mi I say Amen to your prayer. But you too, try not to open your legs anyhow. Practise abstinence as much as you can. |
Fashion/Clothing Market / Re: Handmade Shoes By Zeez Lagos by Vivere: 8:19pm On Oct 17, 2017 |
zeezlagos: HANDMADE SHOES BY ZEEZ LAGOS Beautifu-u-ul work!! Where is your shop, office or sales outlet in Lagos? |
Politics / Re: 'You Cannot Withdraw Your Surety Until You Produce Kanu' - Judge Tells Abaribe by Vivere: 7:30pm On Oct 17, 2017 |
coluka: You're the one who is foolish. You're just tying yourself up in legal knots. Let me break it down for you. If the military invasion was because he violated his Bail conditions then it was wrong because only the courts can determine that and revoke the bail if he is found to be in breach. The government can not resort to self help. If on the other hand, the invasion was for security breaches by Kanu, then the government is well within her rights to act to secure the country but the action of government automatically releases Kanu's sureties from the responsibility of producing him in court for the original matter. Whether the said security breaches also amount to a violation of his bail conditions or not. All the sureties need to prove is that the government for whatever reasons has taken actions that impeded their ability to provide Kanu in court which is quite easy to prove and they will be acquitted of any further responsibilities regarding kanu Please what part of the constitution or existing laws back up all these stories you wrote here?? Abi, these stories are just a figment of your imagination? Nothing absolves a surety of the liability to produce the accused in court, on due date. If he fails to do so, he loses the amount paid as a bond. End of story. |
Politics / Re: 'You Cannot Withdraw Your Surety Until You Produce Kanu' - Judge Tells Abaribe by Vivere: 7:30pm On Oct 17, 2017 |
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Politics / Re: 'You Cannot Withdraw Your Surety Until You Produce Kanu' - Judge Tells Abaribe by Vivere: 7:19pm On Oct 17, 2017 |
BestieSome: Your degree of rascality has just been confirmed. FG should wait until the next court appearance? Like seriously! when your Pig was soliciting for arms, instituted BSS, ordered the pigs to start killing everyone on sight, and ultimately instituted a state in a state by declaring a state capital. I thought your brain would work with an auto reset but I'm sorry your life is beyond redemption. Oh jigbi jigbi jigbi ... I no fit laugh again! ![grin](https://www.nairaland.com/faces/grin.png) This is what is known as an upgraded, upper cut finishing.... 1 Like |
Politics / Re: Nnamdi Kanu's Lawyer & FFK Interviewed In Abuja Court (Video) by Vivere: 4:45pm On Oct 17, 2017 |
Built2last: Those who peddle the falsehood that Nnamdi Kanu has travelled never followed this case. The first thing DSS seized when they quizzed Nnamdi Kanu at Lagos airport was his Nigerian and British passport. How will he leave Nigeria. OK. Tompolo is in Ukraine. No be only UK. This government has looked for Tompolo for 2years to no avail. Nnamdi is in this country.
The army Nd Buhari is confused.
Lets see what the court will say next month. There are land borders linking Nigeria with neighbouring countries, which Kanu could have used in his escape bid. Most of those land borders are unmanned and porous. Don't tell us that you are unaware of their existence? 1 Like |
Business / Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Vivere: 4:37pm On Oct 17, 2017 |
edoman2016:
As far as Africa is concerned, no country come close to Nigeria except south Africa. I am a seasoned economist and I am telling you that fact. Kenya and Ghana are in the league of just Lagos. And you know what, the GDP of Lagos is higher than both countries. I repeat in Africa, only south Africa can withstand Nigeria when it comes to economic growth (GDP) in the whole of Africa. What the value of naira can purchase, the equivalent in other African countries can not buy it except south African Rand. It's an indisputable fact. Forget all that big grammar about GDP. Just pay a visit to each of the places I mentioned. You will come back with a totally different opinion and a lot of respect for those countries. Na only mouth Naija get. 1 Like |
Travel / Re: Nigeria To Start Issuing Visas On Arrival For Africans by Vivere: 12:54pm On Oct 16, 2017 |
Godson201333: All Africans,Including Somalians,Sudanese??I guess Nigeria is mad They shouldn't try that rubbish. To get a visa to enter some of these African countries, is like trying to pass a camel through the eye of a needle. Try to get Botswana visa and you will sweat through every part of your body, because of the stress they will put you through, as a Nigerian. Even Namibia visa is bloody difficult to get. Now, we want to be hawking our own visa like pure water on arrival? Nansense. Whoever gave them this advice, deserves to be flogged. 1 Like |
Business / Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Vivere: 12:45pm On Oct 16, 2017 |
Lloydfolarin:
The only country in Africa that can push Nigeria to the back comfortably is South Africa. The rest are nothing to write home about except Egypt and about one or two North Africa countries.
Nigeria is far ahead of Kenya. Fact!
Kenya and Ghana are in the same league with Lagos state alone.
Oga, I beg to disagree. Kenya, Botswana and South Africa have a lot of things you can write about. Power supply in each of these countries, beats our own hands down. Not to even talk of road infrastructure and others. You need to visit these countries to appreciate how far they have gone in terms of infrastructure, and standard of living. Don't look at size or landmass or population alone. Yes, Nigeria is bigger than those 3 countries, but is it better in terms of infrastructure and standard of living? No. Even Namibia as small as it is, is also not a bad place. |
Business / Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Vivere: 11:36am On Oct 16, 2017 |
Lloydfolarin:
It is nauseating, pathetic and annoying to read this nonsense coming someone who doesn't know anything outside their village.
Those Nigerians in Rwanda and Senegal must have been ravaged by poverty
Young man, i have lived in a country considered to be greatest country in the world which is USA and i am currently living in another one called United Kingdom.
Like i said earlier, i have been to 6 countries out of those listed countries and they are nothing to write home about except Egypt. Egypt is the only country at Nigeria level in terms of standard of living, infrastructures etc
Those friends of yours must be going through hell in one village in Nigeria
I know what i am talking about
Egypt is not the only country at Nigeria's level. What about South Africa, Botswana, Kenya etc.? Please there are quite a few countries with a better or similar level of infrastructure than Nigeria, that also have a better standard of living. |
Celebrities / Re: Daddy Freeze Reacts To Funke Adejumo "A Woman Who Can't Lend Her Hubby N1M" Talk by Vivere: 5:03am On Oct 16, 2017 |
dominique: I didn't watch the video so I don't know of the exact context she used in passing her message. If what she implied was a woman who can afford to lend her husband yet refuses to do so is a collosal failure, then I agree with her. That was the point she was trying to make. |
Politics / Re: Olayinka Omigbodun, Victor Banjo’s Daughter: Ojukwu Betrayed My Dad, Killed Him by Vivere: 4:42am On Oct 16, 2017 |
logica: LOL.
Any comments on this?
The problem is many of them have been regaled with these fictional rendition of the Civil War and that era that educating them is like trying to explain to a child that the Tooth Fairy does not exist. Explaining to a grown man that his whole childhood was a lie takes away his actual sense of self; therefore hanging on to those stories is necessary to maintain a level of sanity.
You see how he diverted attention away from the folly on Awolowo's speech - Awolowo should have been careful of how he spoke in public. Awolowo was a lawyer; not everyone is a lawyer. How can any regular man think like that? Same people who will tell us of how Ojukwu bamboozled people with English. All of a sudden, Awolowo's meaning became so difficult to read (despite explicitly begging Ojukwu not to secede).
Now, we have another fable to contend with - Awolowo had a deal with Gowon. Best thing is to leave him to hang on to his childhood and sense of self. Abi? Thank you, oh!! These people were raised on a diet of propaganda, so what can one expect? They seem to forget that everyone can read and draw their own conclusions, from what was written in black & white. |
Politics / Re: Maikanti Baru Responds To Ibe Kachikwu's Corruption Allegations by Vivere: 4:21am On Oct 16, 2017 |
EruditorII: This excuse of what the law said about state minister is weak and overused. PMB did not approve contract. Osinbajo did not approve contracts and you are still talking about state minister not written in the law. Does that not show that PMB has done something illegal? Oya, spin it now that PMB did not do anything illegal. I am waiting. ![grin](https://www.nairaland.com/faces/grin.png)
As a minister of state for the umpteenth time - he derives his powers from the substantive Minister as ALL state ministers do according to the law. This your hiding behind moot words is not working. If he had no role as it were, who then was tabling NNPCs issues to the FEC for goodness sake? Stop this talk about role and bla bla. PMB did not take NNPCs issues to the FEC and NO GMD IN HEAVEN AND EARTH CAN DO THAT. Only a member of the FEC can. Just rest this talk.
Stop trying to be clever by half. The affairs of the corporation are being decided by the board of directors. Who heads that board? Kachikwu. To add clarity to the ambiguity of affairs - the BPP had detailed what fell under what. The contracts approved according to Kachikwu totaled $25B and that could not have been done in valuations less than what was stipulated as beyond the reach of the NTB. He put out the figures.
Also, even the petty issues you described above after having been approved by the NTB must still pass through the NNPC board as they oversee all the AFFAIRS, PLANS and BUDGET of the whole corporation. You are just tying yourself into tortuous knots. There is no excuse whatsoever for Baru's insubordination.
I really LOLed at that part of your rejoinder in red. It was laughable. It was not included in the BPPs recommendation but was the conclusion drawn by Baru and his cohorts in NNPC. That conclusion, according to the law is FA FA FA FOUL! I warned you that you were regurgitating the misrepresentations of the law by NNPC but you did not listen. To remind you again, I will ask; if the NTB gets to make contract approvals on their own and only defer to the FEC at higher limits who then will take the memo of such contracts to the FEC? I am waiting for you to respond to that.
That statement is all shades of wrong. Another lawyer (a SAN, Quakers, on Law Weekly on Channels even said same). The NNPC board according to the NNPC ACT is responsible for CONTRACT APPROVALS. The NTB only implements contracts and directives of the board. Please, BPP cannot override the NNPC ACT and BPP did not. That conclusion was just conjecture and has been rendered null and void.
The NNPC board is instituted to oversee all the activities of the NNPC and the NTB. In fact, the GMD who is a member of the NNPC board gets his directives from the board and even when he procures minor contracts for the daily running of NNPC he must still subject it to the oversight of the NNPC Board. That is the standard. Stop peddling zobo here.
Kachikwu said Baru picked and chose when to get him informed or meetings to attend and which to delegate. That one is clear enough. You are doing a botched job if you think you are isolating one instance to show us that he was sometimes involved. You approved $25B contracts and only got the chairman of the NNPC board involved here and there - who the hell does that?
What are you saying about Mr. Laolu Akande? He has exposed the farce that you wanted to shift to when you wanted to claim contract approvals came from the VP when PMB was away. The VP has denied your's and NNPCs claims that he did any contract approvals. And remember I asked you that question: I said why will he seek Kachikwu's input on personnel and not on contracts? You still have not answered and cannot because Baru was wrong and so are you.
Now Kachikwu should have solved the issue in-house? How would he have solved it? By sacking Baru or overstepping the limits of his office? This is a puerile suggestion. Kachikwu did what he was supposed to do which is talk to the President. If he was as egotistical as you claimed why would he use the construction of humiliation and insubordination of his office? You are almost pulling excuses out of thin air.
The law knows the limits of the Minister of state; the NNPC board chairman and a member of the FEC. Other well-seasoned lawyers know so and have stated so. Fair-mindedness and common sense have said so. So join Baru and stand against all these forces. I don't envy you people. What well seasoned lawyers? Falana and who? Kindly list all of them. Do they include all the SANs in Nigeria, or do they consist of all the members of the Nigerian Bar Association? If you read Falana's submission, you would see where he clearly said that PMB still has powers to issue approvals, even if he decides to delegate such powers. Or did you overlook that bit? You said: "As a minister of state for the umpteenth time - he derives his powers from the substantive Minister as ALL state ministers do according to the law." Please cite the relevant sections of that law right here, so we can all read it. Everyone has told you what the NNPC Act says, (an Act which regulates the activities of the NNPC and key players in the ministry), yet you are still here alleging that there is another law which grants a Minister of State full powers of a substantive Minister over NNPC. Please paste your own law here, so we can see the extent to which it conflicts with the NNPC Act. As for the BPP's recommendation, well kindly post the screenshot here too, if you have a hard copy of that recommendation, because it is obvious that from the way you are arguing, you have probably read the original report from the BPP in hard copy, not so? ![shocked](https://www.nairaland.com/faces/shocked.gif) Anyone looking at NNPC'S response, made on behalf of Baru, can clearly see that the section pertaining to the BPP's recommendation was quoted directly from whatever document the BPP had sent to them. So far, the BPP has not denied making that statement, so what is your issue? You also said: "the BPP had detailed what fell under what." Good, I'm glad you saw that clearly. So what part of this statement does Kachikwu find so hard to understand? "The governing board (NNPC Board) is responsible for approval of work programmes, corporate plans and budgets, while the NTB is responsible for approval of day-to-day procurement implementation."And Laolu Akande's statement buttresses Baru's rejoinder, where he said that the "both the Crude Term Contract and the Direct Sale, Direct Purchase (DSDP) agreements, are not procurement contracts involving the expenditure of public funds,” he said. “Both transactions are simply a shortlisting process, in which prospective off-takers of crude oil and suppliers of petroleum are selected under agreed terms, and in accordance with due process." Kachikwu was the one crying wolf that Baru had received approval for contracts and sidelined him. Now since those agreements are not contracts, why was Kachikwu crying that they were contracts, which were not routed through him, especially since it has been clarified that not only were they routed through him, but he (Kachikwu) also contributed to the selection of the companies that were shortlisted? Baru has even clarified that there was no $25billion contract anywhere, as it was not possible to assign any value to the crude oil term contracts. So where did you get your own 25 billion from? ![shocked](https://www.nairaland.com/faces/shocked.gif) In fact, Baru gave a full breakdown of the contracts under reference. Please go through the list again, with an open mind if you can, and you would see clearly that Kachikwu is just a cry baby who has lost the plot, with regards to how a leader can effectively manage his staff. SPECIFIC CONTRACTS MENTIONED IN THE HONOURABLE MINISTER OF STATE FOR PETROLEUM RESOURCES’ (HMSPR) LETTER TO MR. PRESIDENT
Crude Oil Term Contract (COTC)- valued at over $10bn It is important to state that the COTC is not a contract for procurement of goods, works or services; rather it is simply a list of approved off-takers of Nigerian crude oil of all grades. This list does not carry any value, but simply state the terms and conditions for the lifting. It is therefore inappropriate to attach a value to it with the aim of classifying it as contract above Management limit.
In arriving at the off-takers list for 2017/2018 COTC, the following steps were followed: Adverts were placed in National and International print media on Monday, 17th October, 2016. The bids were publicly opened in the presence of all stakeholders (NIETI, DPR, BPP, Civil Society Organisations, NNPC SCM Division and the press as well as live broadcasts by the NTA and other TV stations). Detailed evaluation was carried out and the short list of the successful off-takers was presented to the approving authority (Mr. President) for consideration and approval. Thereafter, NNPC published the list of the successful off-takers in newspapers and NNPC’s official website. This has been the standard procedure and it is the same process adopted during the 2016/2017 COTC when the HMSPR was the GMD. In conclusion, due process has been fully followed in the shortlisting of the off-takers of the Nigerian crude oil for the current term 2017/2018.
The Direct Sale Direct Purchase (DSDP) Contract- valued at over $5bn Like the COTC, the DSDP is not a contract for any procurement of goods, works or services, rather it is simply a list of off-takers of crude oil and suppliers of petroleum products of equivalent value. This list does not carry any value, but simply state the terms and conditions for the lifting and supply of petroleum products. It is therefore mischievous to classify it as contract and attach a value to it that is above Management’s limit.
In arriving at the off-takers list for 2017/2018 DSDP, the following steps were followed: Work plans and execution strategy for the DSDP was granted by the approving authority (Mr. President). Adverts were placed in National and International print media and NNPC website on Thursday, 22nd December, 2016. The bids were publicly opened in the presence of all stakeholders (NIETI, DPR, BPP, Civil Society Organisations, NNPC’s SCM Division and the press as well as live broadcast by the NTA and some TV stations). Detailed evaluation was carried out and the short list of the successful off-takers was presented to the approving authority (Mr. President) for consideration and approval. This has been the standard procedure and it is the same process adopted during the 2016/2017 DSDP when the HMSPR was the GMD. In conclusion, it has been confirmed that due process has been followed in arriving at the shortlist of the DSDP partners for the 2017/2018 cycle.
The Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Contract The AKK Gas pipeline project is a contractor financed contract. The process adopted for this contract is as follows: Approval of project proposal and contracting strategy was given by NTB. Placement of adverts for expression of interest in some National and International print media and NNPC’s website. Expression of interest for pre-qualification received and evaluated. Technical and Commercial tenders issued and evaluated NTB considered and endorsed tender evaluation result for FEC approval since this contract is above NTB’s threshold subject to obtaining the following certificates of no objections: BPP certificate of no objection (obtained). Certificate of no objection from Infrastructure Concession and Regulatory Commission (ICRC) (obtained). Certificate of no objection from Nigerian Content Monitoring & Development Board (NCMDB) (being awaited) BPP and ICRC certificates have been obtained, while that of NCDMB is being awaited after which the contract will be presented to FEC for consideration and approval. Thus, due process is being followed in the processing of this contract.
Various Financing Arrangements Considered with IOCs; The financing arrangements reported as contracts are part of the process of exiting Cash Call approved by the FEC. It entails negotiations with JV Partners on alternative funding of some selected projects through third party financing to bridge the funding gap associated with Federal Government’s inability to meet its cash call contributions. The third party financing option emanates from the appropriation act provisions that allow sourcing of financing outside regular cash call contributions. Upon approval of the calendar year’s operating budget, the NNPC in conjunction with its JV partners, commence the necessary process for accessing financing to bridge the funding gap.
Section 8 sub-sections (1) and (4) of the NNPC Act CAP N123 requires that all NNPC borrowings must be approved by Mr. President. Specifically, it provides that: (1) Subject to the other provisions of this section, the Corporation may, from time to time, borrow by overdraft or otherwise howsoever such sums as it may require in the exercise of its functions under this Act. (4) Where any sum required aforesaid – a) Is to be in currency other than Naira; and b) Is to be borrowed by the Corporation otherwise than temporarily, c) The Corporation shall not borrow the sum without the prior approval of the President.
Due Process: NAPIMS and JV partner identify bankable projects that require financing and sends to NNPC Corporate Finance to assist in procuring financing. Constitution of Joint Financing Team (JFT) between NNPC and the JV Partner. JFT NNPC invites Request For Proposals (RFPs) from Financial Institutions. Submitted RFPs are evaluated and beauty parade conducted to determine most cost-efficient proposal. Negotiated Financing Strategy, Term-sheets, Structures and pricing are presented for NNPC Management’s (NTB) approvals. NNPC presents the renegotiated terms for approval of Mr. President. NNPC executes the resultant Agreement.
Financings taken under this Administration: Approx. $3bn are as follows: All established due process as enumerated above has been observed leading to the securing of financing for the following projects in 2016/2017: SN · PROJECT · Amount (US$mn) APPROVALS · LOAN EXECUTED BY NTB PRESIDENTIAL · 1. · NNPC/CNL JV Project Cheetah 1,200.00 · 16/04/15 · 01/09/15 · Dr. E. I. Kachikwu · 2. · NNPC/CNL JV Project Falcon 780.00 · 26/04/17 · 31/07/17 · Dr. M. K. Baru · 3. · NNPC/SPDC JV Project 1,000.00 · 26/04/17 · 10/07/17 · Dr. M. K. Baru Santolina · TOTAL 2,980.00 · · · These are not procurement projects as described by the PPA, 2007. However, all established due processes as enumerated above were followed.
The NPDC Integrity Upgrade and Development Projects All the NPDC procurement contracts were subjected to the approved procurement procedures as described in respect of the AKK Gas Pipeline project above. There were no breaches of any extant procurement processes. For the benefit of doubt, it is confirmed that there is no single NPDC contract that has been approved by the relevant Tenders Board beyond its limit of financial authority and there is no single contract that is in the $3Bn to $4Bn range claimed in the write-up.
Conclusions From the foregoing, the allegations were baseless and due process has been followed in the various activities. Furthermore, it is established that apart from the AKK project and NPDC production service contracts, all the other transactions mentioned were not procurement contracts. The NPDC production service contracts have undergone due process, while the AKK contract that requires FEC approval has not reached the stage of contract award. http://www.africanexaminer.com/nnpc-crisis-baru-hits-back-says-kachikwu-nnpc-board-lack-power-on-contract-matters/ PMB is back and has directed both Kachikwu and Baru to resolve their rift, and work together. I am sure that Kachikwu was disappointed at the turn of events. PMB has not come out to say he did not approve the contracts. And Osinbajo has clarified the kind of documents he approved (i.e. loans to finance the NNPC obligations to the JVs and IOCs, as can be seen clearly from this list.) Kachikwu should go back and put his house in order, drop his ego at the door and stop crying like a baby, about being sidelined.You are the one alleging that there were misrepresentations in NNPC's statement. Kachikwu has not come out to say so. In fact, he has been left looking like a toddler, whose favourite sweet was snatched from him, before he could finish it. If he still remains displeased by the turn of events, let him call it a day and seek another assignment, elsewhere. 1 Like |
Politics / Re: Maikanti Baru Responds To Ibe Kachikwu's Corruption Allegations by Vivere: 10:53pm On Oct 15, 2017 |
EruditorII: Hahahaha! How many appointments did Buhari not make in record time including the ministers? Please, this makes no sense. Left to PMB, he did not even want to convoke an NNPC board; he trusted Kachikwu to bridge the position of NNPC GMD and Minister. The very fact that you keep drumming on Substantive minister for PMB makes me wonder if you understand the sector at all. Kachikwu doubled as both state minister and GMD - PMB, the so-called substantive minister did not participate in the daily runnings.
I told you that PMBs role was needed so that Kachikwu would have some sort of authority playing oversight on him. The moment PMB sought to alleviate him of that position - it was right to constitute a board to play oversight over the GMD and the whole sector.
As per the talk about non-clarity of the board's role and the NTB. You are doing a bad job at circumlocution. No matter what is within the purview of the NTB they are still subject to the NNPC board and answerable to them - that is what the law says. Again, to put my question into context; how else will NNPC board supervise and oversee the plans and budget of the NNPC (which includes the NTB) that they would not have any input in the contract approvals? I am tired of repeating myself. It has been pointed out over and over again, that the NNPC Act does not have anything in it, that assigns any role to a Minister of State. In fact, the word Minister of State is not even mentioned at all, anywhere inside the Act. It only recognises a substantive Petroleum Minister, and that Minister in this case is Buhari. If truly PMB assigned the powers of a full Minister of Petroleum to Kachikwu, let him tender the documentary evidence. When a whole NNPC Act that assigns roles and responsibilities to the different players in the oil industry fails to mention a Minister of State, then what is Kachikwu relying upon to grant him powers to execute any function as Minister of State? Where does he derive his powers from? Most of the reforms and actions he carried out while he was GMD NNPC were made possible, because of the powers he was granted as GMD NNPC under the NNPC Act. I don't know why this is so difficult to understand. As a Minister of State, Kachikwu has no law giving him any powers that permit him to interfere in the daily affairs of NNPC, going by the NNPC Act. As for the issue of Kachikwu complaining about being sidelined as Chairman of NNPC Board, the ACt clearly says that "1. (2) The affairs of the Corporation shall, subject to Part II of this Act, be conducted by a Board of Directors of the Corporation which shall consist of a Chairman and the following other members etc., " but it did not clearly define the term or nature of activities that fall under the term - 'affairs.' Based on this, would you say that if the NNPC wants to order ordinary toilet roll or pen and paper, it should refer to the Board? Clearly, that would slow down daily operations of the Corporation, as the intent of the law is not to bog down the Board with petty affairs, especially when the Board is expected to meet 4 times a year. The same NNPC Act on the other hand is quite clear about the role, responsibilities and powers of the GMD NNPC. Further clarification was sought from the BPP with regards to the functions of the NNPC Governing Board, and the NNPC Tenders Board with regards to the procurement of works and services within the NNPC. As discussed earlier in a previous post, I believe clarification provided by BPP is clear: a. The BPP expressly clarified that NNPC Tenders Board (NTB) is NOT the same as NNPC Board. The governing board (NNPC Board) is responsible for approval of work programmes, corporate plans and budgets, while the NTB is responsible for approval of day-to-day procurement implementation.
b. BPP referred to the SGF circular for the composition of the NTB to compose of the Accounting Officer (GMD NNPC) as the Chairman, with Heads of Department (GEDs) as members with the Head of procurement (GGM SCM) serving as the Secretary of the NNPC Tenders Board.
The above clarifications of the provisions of the procurement process show that approvals reside within the NTB and where thresholds are exceeded, the NNPC refers to FEC for approval. Therefore, the NNPC Board has no role in contracts approval process as advised by BPP.
As can be seen, all these clarifications were sought and obtained prior to August, 2015 and were implemented by Dr. Kachikwu as the GMD of NNPC. Dr. Kachikwu also constituted the first NNPC Tenders Board on 8th September, 2015 and continued to chair it until his exit in June, 2016. And when Kachikwu initially wrote his memo, he never even said that Baru contacted him and he made input into the selection of firms shortlisted for crude oil lifting. Why was he silent about that? ![](/faces/huh.png) Just like Baru had earlier said, even the VP's spokesman who is the Senior Special Assistant to the Vice President on Media and Publicity, Mr Laolu Akande, has also come out to say: "Both the Crude Term Contract and the Direct Sale, Direct Purchase (DSDP) agreements, for instance, these are not procurement contracts involving the expenditure of public funds,” he said.
“Both transactions are simply a shortlisting process, in which prospective off-takers of crude oil and suppliers of petroleum are selected under agreed terms, and in accordance with due process. It is therefore wrong and misleading to refer to them as though they’re contracts involving the expenditure of NNPC funds, or public funds of any sort....Akande also maintained that it was untrue and inaccurate to attach $10B and $5B values on both contracts, saying “attaching monetary values to these contracts is an arbitrary act that completely distorts understanding of the situation.”
“Whenever there is a monetary value on any consignment of crude oil lifted in this country by any firm, the proceeds go directly to the Federation Account and not to any company. In fact, the Buhari administration in the implementation of the Treasury Single Account (TSA) has closed down multiple NNPC accounts in order to promote transparency and probity. He said, “For the sake of emphasis, let me state clearly that both the Crude Term Contract and the Direct Sale and Direct Purchase agreements are not contracts for any procurement of goods, works or services, and, therefore, do not involve the use of public funds; instead, they are simply a shortlisting of off-takers.
“It is important to set the records straight that the list of approved off-takers does not carry any financial values, but simply states the terms and conditions for the lifting and supply of petroleum products.” https://www.channelstv.com/2017/10/15/breaking-no-25bn-nnpc-contracts-anywhere-says-presidency/ This shortlisting process had Kachikwu's input, yet it was the same Kachikwu that alleged that crude contracts had been awarded without his knowledge. Like I said before, let Kachikwu respond publicly to Baru's comments before any further statements can be made, because it appears that he has handled the whole relationship badly, by allowing things to deteriorate to this level. Nigerians are fond of throwing their ego into the mix, by expecting people to bow at their feet, once they get to a high level position. That is when you get to hear of words like 'insubordination etc'... really? How ridiculous is that? So a whole Chairman of NNPC Board cannot solve issues pertaining to insubordination quietly in-house, without leaking a memo to the press? This is simply an ego clash between both men. For Kachikwu to have pleaded with Buhari in his memo in this manner, shows that he has lost the plot. “That you save, the office of the Minister of State from further humiliation and disrespect by compelling all parastatals to submit to oversight regulatory mandate and proper supervision which I am supposed to manage on your behalf.
“You kindly instruct the GMD to effectively leave NNPC to run as a proper institution, and report out along due process lines to the Board and that Your Excellency Instructs that all reviews be done with the Minister of State prior to your decision. http://dailypost.ng/2017/10/03/kachikwu-reacts-leaked-memo-buhari-nnpc-boss-baru/ Kachikwu needs to be reminded again, that the position of Minister of State does not exist within the NNPC Act. He should ask PMB to clarify the extent of the powers he (PMB) has given to him as Minister of State, and document it for all and sundry. Alternatively, he could push for an ammendment of the NNPC Act to include specific roles, responsibilities and powers for the Minister of State, and Chairman of the NNPC Board. |
Politics / Re: I Did Not Accuse Baru Of $25bn Fraud- Kachikwu by Vivere: 10:04pm On Oct 15, 2017 |
zeestunner: Bros dem glue kachikwu join the minister office? If he is not principled enough and fearless why did he start did whole nonsense didn't he consider the so called cabal before he came out with his story. if he can't stand for the truth let him resign or stfu simple Hahahaha.... I beg, I no fit laugh again....dis one wey you talk don finish the whole matter! ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Politics / Re: I Did Not Accuse Baru Of $25bn Fraud- Kachikwu by Vivere: 10:03pm On Oct 15, 2017 |
Throwback: Did Kachikwu ever allege that money was missing in his original memo to the president?
Can you please highlight the paragraph of the memo so we can see that Kachikwu said onething today and he is saying another thing the next day?
If you cannot provide the evidence, then what it tells you which Kachikwu has hereby reinforced is that you should stop believing in your own self manufactured delusions.
Whatever misgivings Kachikwu had as regards whether the NNPC GMD had the necessary approvals for contracts that he never claimed were bogus or phantom, have been well addressed by the relevant references of authority the NNPC has supplied to defend its own position in this debate.
The NNPC also disproved Kachikwu's claims that he was sidelined in some other affairs of the NNPC, showing evidence that Kachikwu himself recommended firms for contracts and such firms were considered based on Kachikwu's objective recommendation.
Kachikwu and Baru have since moved on after sheathing their swords to work together for the good of the ministry.
Yet you remain so aimlessly bitter that the baton of missing funds still remain with PDP, who are desperately hoping to pass on such shame to another party in power.
Shame on you! Thank you, o!! It appears that people just jump unto their keyboards to punch out a response, without actually reading the whole truth of what transpired. |
Politics / Re: I Did Not Accuse Baru Of $25bn Fraud- Kachikwu by Vivere: 3:44pm On Oct 14, 2017 |
Throwback:
Did Kachikwu ever allege that money was missing in his original memo to the president?
Can you please highlight the paragraph of the memo so we can see that Kachikwu said onething today and he is saying another thing the next day?
If you cannot provide the evidence, then what it tells you which Kachikwu has hereby reinforced is that you should stop believing in your own self manufactured delusions.
Whatever misgivings Kachikwu had as regards whether the NNPC GMD had the necessary approvals for contracts that he never claimed were bogus or phantom, have been well addressed by the relevant references of authority the NNPC has supplied to defend its own position in this debate.
The NNPC also disproved Kachikwu's claims that he was sidelined in some other affairs of the NNPC, showing evidence that Kachikwu himself recommended firms for contracts and such firms were considered based on Kachikwu's objective recommendation.
Kachikwu and Baru have since moved on after sheathing their swords to work together for the good of the ministry.
Yet you remain so aimlessly bitter that the baton of missing funds still remain with PDP, who are desperately hoping to pass on such shame to another party in power.
Shame on you! EruditorII 1 Like |
Politics / Re: Military Is Not Forcing Anyone To Take Vaccination At Nnewi-PICTURES by Vivere: 3:42pm On Oct 14, 2017 |
victor8269:
How do u explain the birth right zoning of presidency to the North since 1966. How do u explain the closure of UNN Chemical Engineering department since the Biafran war. How do u explain the Oct 1 ultimatum. Wake up my guy Other universities in the South East had their Dept of Chemical Engineering accredited by NUC . What has UNN failed to do, that has caused the NUC to deny their dept the relevant accreditation? |
Politics / Re: Military Is Not Forcing Anyone To Take Vaccination At Nnewi-PICTURES by Vivere: 3:34pm On Oct 14, 2017 |
DanielsParker: THE ARMY HAVE FAILED.
FREE VACCINATION MY FOOT. WHO ASKED FOR IT?
3 KIDS ALREADY DEAD IN ENUGU Liar!! |
Politics / Re: I Did Not Accuse Baru Of $25bn Fraud- Kachikwu by Vivere: 3:25pm On Oct 14, 2017 |
Hofbrauhaus:
Going by this your warped logic...one can never be sure of anything. Did diezani tell you she stole? Did Abacha tell you he stole? Did Baru tell you he did not steal? Such a stupid question coming from a human being. I'm smart enough to extrapolate...Mr kachi said one thing today...and he is saying another thing the next day, what does that tell me... Just like tuface, who said one thing at dawn and before dusk he was singing another song.....what changed? Threatened? Cabal? It tells me that you are full of conjecture, gossip and exaggeration, and you have the ability to add 2 plus 2 to get 55. Simple. 4 Likes |
Politics / Re: I Did Not Accuse Baru Of $25bn Fraud- Kachikwu by Vivere: 2:57pm On Oct 14, 2017 |
Hofbrauhaus:
Just like 2face didn't face any threat abi? ?
#Zoonation. Was Tuface a Minister of State? So what is the similarity between Kachikwu and Tuface? I repeat : did Kachikwu complain to you that he was facing any threat? Simple Yes or No would do. No need for long story. 5 Likes |
Politics / Re: I Did Not Accuse Baru Of $25bn Fraud- Kachikwu by Vivere: 2:47pm On Oct 14, 2017 |
Hofbrauhaus: Only God knows the kind of threat this guy is facing right now....
What a people....
what a zoo!! He is not facing any threat. Did he tell you of any? 2 Likes |
Politics / Re: Olayinka Omigbodun, Victor Banjo’s Daughter: Ojukwu Betrayed My Dad, Killed Him by Vivere: 2:29pm On Oct 14, 2017 |
WetinConsignMe:
If I were mumu I'd proudly admit it. Admit what u r. So what? Being mumu is not a crime. Afterall you didn't create yourself. ![grin](https://www.nairaland.com/faces/grin.png) Aren't you the one going around calling other people 'mumu ', and saying it is not an insult? So why don't you want others to call you the same name? |
Politics / Re: The Yorubas Deserve This Immunization, See reasons. by Vivere: 2:27pm On Oct 14, 2017 |
MyNewJackeT: I haven't seen the pictures
I believe you remembered what I said that whoever ask for video evidence from secondary School children is not normal Search this thread and all other threads on this topic. You will see the pictures. A normal person took those pictures and uploaded them online. |
Politics / Re: The Yorubas Deserve This Immunization, See reasons. by Vivere: 12:40pm On Oct 14, 2017 |
MyNewJackeT:
and you believed the picture of kids waving to the army. or a red cap chief
don't you know pictures can be staged? the same kids that were running away from school will be waving at the army, those pictures are fake.
the same way this government has been lying to us. Guy, these were the same pictures your brother cited as evidence to show that the Army forced vaccination upon the children, o!! ![cheesy](https://www.nairaland.com/faces/cheesy.png) |