JamzNG Latest News, Gist, Entertainment in Nigeria
Some commentators have accused that a series of our authorities behaved like “USU Non -NTAGBU ORJI”, IGBO for damage and destructive grasshoppers and worms. They claim that when this trip ends, whenever it will happen, the state will be empty and perforated comprehensively. The massacre can turn into numb and paralyzed. By the way, grasshoppers are known to be destructive given their greedy appetite for food. They, like our ruler, are in the worst conditions when they show the behavior of gathering in certain conditions. Also like Nigerian politicians, grasshoppers can and do destroying agriculture and cause significant economic damage everywhere and whenever they attack any region. Desert grasshoppers are reported to be some of the most destructive species. And they are mostly found in Africa. Politicians are some of the worst species in many countries. The worst of the worst is mostly found in Africa with Nigeria competing strongly for number one position. There are several other interesting parts of grasshoppers that are parallel to Nigerian politicians. Each grasshopper can eat weight every day. The typical Nigerian ruler can steal more than what is needed in 10 lives. Grasshopper swings can consume large amounts of food to rival the daily consumption of good people’s population. The same thing can be said about the extraordinary capacity of our authorities to steal from the Commonwealth, even the money that will disrupt their successors to the fourth generation.
Not long ago the President of Nigeria, Alhaji Bola Ahmed Tinubu, reminded us that the problem we are maintaining today, where he has given so much energy and night without sleep to reverse, is because his predecessor does not care in their governance style that fails to provide future generations. In other words, the previous rulers did not implement thoughts for the future generations of Nigeria. The ironic was that at that time that Tinubu was magnificent and filled philosophical, the regime was busy borrowing and gathering foreign and domestic debt for the next generation that was claimed to be paid. For smart, the president was involved in the theater. It was a performance for choir, and unw from vigilant. And background music is where it is … ‘on your mandate …’ which is now very competitive to expel national songs at events organized by the National Assembly, and all the ruling congresses [APC] political parties. In several formal and sittings sessions from the National Assembly, including during a budget presentation by the President, Partisan ‘on your mandate …’ Dwarf and take precedents on the national anthem. It talks about the state of the fear of some people about the arrest of the country by this regime.
Apart from propaganda and despair for victory where there is no victory, the APC regime is now famous for borrowing and taxation. It has made fraud as a form of art, and the necessity of government. For them there will always be lies as a solution for every problem. To impose taxes or borrow and spend on productive businesses can be forgiven. But to impose taxes and borrow, and then make Nigerians ask questions about what happens to the income numb. It also interferes with taxes and borrowed to fund our luxury lifestyle, and regime waste. Our ruler cannot be with a good conscience, if they have conscience, ask us to tighten our belts while they loosen them. That’s evil. That’s evil. It doesn’t make sense. Unfortunately, that’s what’s happening now.
And like Buccaneers, our ruler is now reportedly training their eyes on our national oil assets. The aim is basically two folds- increase the income earned for the regime, and stripping assets for the benefit of the regime, collaborators and their business partners. The plot is arranged, starting with the amendment to the Oil Industry Law [PIA]. Amendments are given because we have a flexible national assembly that has been chosen to be parastatal under the presidency. The leadership of the national assembly that was cured and carefully chosen said from the beginning that the main reason for their existence was to approve, without questions, for all the demands of the president and the executive council. What does this mean apply that vandalization that rises from our national oil assets is Fait Accompli unless Nigeria rises to the challenge to say enough. Design on oil assets is clear, and enters the public domain. But the alarm has been blown on the scheme by industrial operators and dresses observers do not seem to prevent the government.
Also Read: Opinion: Tinubu-For-Life. For where?
Conversely the regime has begun to prepare a reason by wrongly claiming that $ 18 billion has been secured through several reforms in the oil and gas industry sectors. “Nigeria secures $ 18 billion in oil and gas investment commitments” is one of the headlines last week. To be sure, ‘commitment’ not a contract “. As someone written,” in the oil and gas sector, they are [commitments] Often the number of handshakes, useful for optics [and photo opportunities]But it is rarely supported by a schedule that can be upheld, financing structure, or clarity of regulations. Without transparency, execution plans, and measurable milestones, such announcements are at risk of becoming political theater rather than economic transformation. Nigeria deserves more than a ceremonial promise. We need a bankable offer, local capacity building, and a clear road to energy security “. The danger is that the planned changes from the expected PIA and assets, the expected assets, and submit sections of our oil Commonwealth to ourselves and their maids and business partners will not ensure and ensure” clear paths towards energy security “for our country.
Elsewhere, a commentator who was identified as Umar Sani, equated the proposed sale of public investment proposed in several oil assets, and the Amendment to the PIA, to subside [liquidation] from a company but in this case the country. Its position can be an extreme position that may be borne by deep concern over the frightening dimensions of the proposal suspected by this government. With this regime and giving an unqueniable appetite, lust and desire for money, and more money for hedonistic purposes and less than altruistic, which is planned to spin from productive, profitable and strategic investment in the country in the oil and gas industry to benefit individuals and private companies should not be treated as red Herring. Exposure to trends in the media, even if by an unknown writer[s]imbued with the knowledge and expertise of insiders.
The reporter made their presentation in two parts of the asset, and sudden changes from the PIA. They voiced their opposition to two plots and urged the Nigerians to take a stand because of the terrible consequences that were feared from letting the plot succeed. The first problem they proposed was the ‘Federation Equity Sales Plan in Oil and Upstream Gas JVS [Joint Ventures]’, and’ Amendments to the Proposal of the Petroleum Industry Law [PIA]’. They describe their actions as “calls to defend the future and economic security of Nigeria”. They said: (The) “The Federal Government led by the Defendant’s Ministry of Own [MOPI] and the Ministry of Finance was established [MOFI]has planned to sell most of Nigeria’s equity in some of our best oil and gas joint ventures “. They continue to mention JVs where federation equity is sold to private people, prospective beneficiaries, and the percentage involved. Some JVs scheduled for divestment are reneissance of African Energy Energy Company. [RAEC JV] Where 25% of the 55% are currently trusted by NNPCL for federation will be sold to Indian oil companies, Sterling; 25% of the 60% in Oando JV will be played and then sold to Oando Oil Company led by Wale Tinubu. President Nigeria is the Tinubu ball. If the sale is made, the federation will be left with 35% equity in Oando; The federation has 60% equity in sepalat energy that produces JV Nigeria Unlimited. The plan is to sell 35% to an unnamed company that is allegedly in the Orbit of Chagoury & Chagory, the old business partner of Tinubu, President of Nigeria.
The reporter believes that the planned divestment will cause loss of strategic national asset control. They argue that “handing over this JV control to several people [will] bring away [the] Nigerian state sovereign ability to control its national economic affairs “, and can cause economic shocks that can threaten the stability of the country. It is also their opinion that the sale of JV assets to several” private individuals who are well connected “will be the best cost in the state of Nigeria. Raw in Nigeria “. They also warned that the planned divestment will be a threat to work, preventing the transfer of skills, blunt vendor opportunities, and making this criticized ownership will be known. Equity means to say weaker about field development [and] Local content target. This is the same as taking Nigeria’s power to manage their resources from them. After the crown jewelry is sold, they are difficult and expensive to recover. This will then set a precedent for further release and it will greatly damage the intergenerational justice in the management of our natural resources. These assets belong to Nigeria. They should not be traded behind the door closed for the sake of several “.
Whistleblower also did Deva not to change Pia, claiming that the step would work against Nigeria’s interests. “Amendments are planned with personal interest and therefore will destroy [the] stability [oil and gas] industry and investment. This amendment is designed to surrender the oil and gas resources of the state in the deep water to … some rich individuals who are in the corridor of power “. The reporter signed as a patriotic troop committee. Gravity of the problems raised by this industry. True or the best survival. The task is bound to lift the veil to the status of state oil assets and gives clarity about the policy of the oil and gas industry sector.
Author: Ugo onuoha
The article published in our graffiti section is the opinion of the writers and does not represent Nigerian ripple views or the editorial booths.
