NewStats: 3,263,949 , 8,182,031 topics. Date: Sunday, 08 June 2025 at 11:31 PM 404124

theredaddy:



Audited by who ?? mention or provide the link the indicated they were auditor by external auditor

So what was NEITI outcry all about, do you even know what NEITIS stands for, at these point if you can your arguement with facts or report, these conversation is over rather waste my time teaching dogs A for apple


https://www.thecable.ng/no-public-funds-withheld-nnpc-refutes-neitis-report-on-non-remittance-of-2bn/amp

First, I don't like it when people drop links without bothering to even read them. The first screenshot is from your link showing NNPCL's explanationof the unremitted $2bn as subsidy payments.
The second screenshot shows news report of nnpc releasing the audited statements for 2021 and 2022.
The third one is when CBN released its audit report after 7 years of not releasing ANY report

theredaddy:



Kyari still remains in position cos audit has not being carried out on NNPC until then, if you don't know North sees NNPC as there property, Atiku knows what he is doing just as Tinubu knows what he is playing at

Why will i post a link from CBN, is CBN a media house or reporter, Is the news true or not think naw or

Go online and google, only gave you samples to buttress my point, all you do is argue nothing to show,
NNPC is one of the most corrupt corporation in Nigeria, trimming their wings will bring them down below the clouds level, what flies under sky can be seen and traced. appendage or not you shouldnt be in pain

Audit has not been carried out in NNPC? Are you kidding or joking? NNPC is even more audit compliant than CBN!!
It's obvious you don't know what you're talking about.
When did you and North sit down and they told you NNPC is their property? You guys just bring meaningless things into serious national issues.
The man who first complained about NNPC remittances is a northerner. Yet you're blaming North for NNPC opacity as if it only happens under northerners.
You can't use corruption to fight corruption. CBN is even more corrupt than NNPC with recent events.

seunmsg:



https://punchng.com/sanusi-carpets-nnpcl-doubts-dollar-remittance-after-subsidy-removal/

Get yourself properly educated on why this directive was necessary instead of going about spewing nonsense. Btw, the directive is simply in line with the TSA policy. CBN is Federal government's bank. Every MDA and government owned companies remit their revenues to CBN. So, why should NNPC be different? All other Federal government agencies that remit both their Naira and Dollar earnings to CBN, are they logistics and supplies arm of CBN? What the fvck is wrong with NNPC remitting their dollar earnings to CBN for proper ability? Is CBN not a bank again? Why do you hateful guys always try to find fault in everything?

1. I always find you an hypocrite in govt policy matters. You suddenly find something wrong with NNPC not remitting to TSA as if you were on another planet when Buhari exempted them from TSA in 2015. It is this posturing of you APC apologists that has brought the country to this sorry . Everything was wrong when Jonathan was in govt. Everything was right while Buhari was in office until he left office then everything became wrong again. You guys are bereft of the least modicum of patriotism.
2. Who told you NNPC does not remit its revenue to CBN? Is that the bone of contention here or how NNPC generates revenue and how it manages the revenue it generates?
If you don't understand a thing at least try to get the proper perspective. What Tinubu is inadvertently doing is handing over the financial controls of NNPC over to CBN. Do other MDAs have their financial books vetted by CBN? Do other MDAs have their core functions supervised by CBN?
3. A bank is not a regulatory body for its depositors. If more transparency and control is required at NNPC, CBN can't be the body to provide that. They don't have the expertise nor the legal backing. There's an AGF office. There's AuGF and there's the NEITI who can provide such requirements and monitoring better.
4. More importantly, NNPCL by virtue of PIA is supposed to be run as a commercial corporate body and not an MDA. That's why it should have no business with TSA because TSA is for govt departments which it ceased to be operationally by virtue of PIA. Don't just run here to defend what is not.
BTW have you got your salary and wage award which you're entitled to?

theredaddy:



You are just defending what is indefensible , CBN was mismanaged by Emeifele the CBN governor that is why he was fired and today facing trail

NNPC lacks transparency, ability and non-remittance that is full-blown mismanagement but Kyari still retains his post and gives all manners of excuses to INETI


here are various years NNPC was dragged into the News

https://www.vanguardngr.com/2015/08/nnpc-failed-to-remit-n2-5trn-crude-oil-sales-proceeds-nrgi-2/amp/

http://tribuneonlineng.com/rot-nnpc-corporation-failed-remit-n25trn-10-years-%E2%80%94report

Don't just argue for argument's sake, learn to argue constructively or with substances

Whose responsibility is it that Kyari retains his post? If Kyari is found to be irresponsible with managing NNPCL he should by all means be sacked and probed.
The links you provided is a report not from CBN but an advocacy group.

It is you who is arguing for argument sake of you fail to see the merit of Atiku's position. He's not saying NNPCL should not be made more transparent but that making it an appendage of CBN won't remove the opacity or corruption. It will just change the gear.

On your mandate they are standing

How is this news

theredaddy:




IF there is illegality please go to court,

CBN is the Designated for Nigeria revenue, crude oil is Nigeria revenue not NNPC revenue,

IF customs and FiR are not remitting it would have made headlines same way NNPC are always in the News for not remitting.
Stop arguing what you don't know,



https://punchng.com/customs-generate-n3-21trn-in-2023-targets-n5-08-trn-in-2024/

When was NNPCL in the news for not remitting?
Same customs that claimed smuggling didn't allow them to meet their targets which led to border closure in 2020. Even your link says they didn't meet the target.
When CBN was being mismanaged under the previous istration, there were folks like you who mocked people with "go to court".
Today Nigeria is 27trn worse off in debts due to that mismanagement. Maybe Nigeria should go to court to clear off the debts.
It will clear from your eyes soon.

Meanwhile, this is NNPCL declaring revenue of 8.8trn in 2022 from audited . https://www.thecable.ng/nnpc-bows-to-pressure-releases-2022-financial-statement-n8-8trn-reported-as-revenue/amp

Show me customs or fris audited

Here is the House of Reps questioning why customs has not audited its s for 3 years

https://www.vanguardngr.com/2024/01/reps-query-customs-over-non-submission-of-3-years-audited-financial-statement-2/amp/

Mashegu na bandit area
Una get mind dey construct road for that kind place
I hail una o
Well, bandits gotta ride so your protection is sure

It seems omobabaijebu is an inmate and is looking forward to having Ehie as co-inmate.
What is concerning is how an inmate was able to put this kind of thing on the Internet
Are phones allowed in Kuje or it's a security lapse

Felix6:

Thanks, nepa no gree us enjoy anything here.

Your TV nor dey use gas? Eyaa

How do you ensure your hands are clean when there's no water

Felix6:
Wetin be scores now abeg?

5-5

theredaddy:



You not reading my words according to there meaning, there is no illegality as far as CBN is concern.

If MR A is suppose to bring money to MR B house and he keeps failing there is no illegatilty if MR B decides to be at MR A house to pick up the funds himself

These is a case of, IF Mohammed won't go to the Mountain then the mountain will come to Mohammed .. no illegality understand that 1st.

Stop using head knowledge there are frameworks in place, CBN don't have the framework to transact with client directly buh they have unlimited access to recieve sales proceed directly from crude buyers.
Make your order with NNPC and present quota at CBN and deposit .. we do these things during school registration naw
There are many times my vet will help me pick dog and sell to his client and his clients pay to me directly without seeing me, the good thing is it fosters credibility and transperency


CBN don't need to collect taxes from FIRS or Custom cos they are complying already, if a brigde is good you don't have to close it

There is illegality. Go and read PIA to know what is different from what. You are reducing legal matters to your own street idea of muhammad and mountain.
This is just like your school designating a certain with a bank for payment of fees and you decide to pay into another claiming muhammed and mountain.
And how do you know FIRS and Custom are complying? Nobody focuses on them because their remittance is in naira not dollars.

mikeapollo:


TB Joshua more fixated on Westerners? Can you mention the Western countries he was fixated on?
Are you okay or just talking out of ignorance?
TB Joshua deliberately made himself available in Nigeria for many years. Some people even lied that he could not travel abroad because his powers would not work overseas and he would be exposed and disgraced.
TB Joshua first travelled to Ghana in the 1996/97. He also travelled to Botswana, South Africa; held revivals and services in several other African countries before he began visiting Asia and South America. He also held revivals in some western countries before holding the las crusade in Israel.

The prophet that held a crusade in Israel and made the Israelis, Arabs and everyone to ask ''who is this prophet with such miraculous powers''?

When did he visit Asia and South America?

theredaddy:



NNPC not following provision to remit proceeds to designated is "illegality", intransparency, and unability are all illegality itself.
Time and overtime Provisions are amended as deemed fit, the fact that CBN is by default the designated for NNPC makes the directive "Feasible" if enforced

Now don't get it twisted, the fact that the directives stipulate CBN will handle sales does not mean CBN will be the one hawking crude oil or vendor

NNPC will carry on with the trading but all payment must be redirected to CBN designated , if cbn start collecting directly what NNpc should remit nothing changes, infact the directive shortens the process & makes it more traceable, that is good news to concerned citizens.

IF you undestand CBN function you won't even ask How CBN is better to handle crude sales Oga CBN finances the economy/BUdget that is why all revenues are designated to CBN , while NNPC role end at sales, asides mgt &operational cost related to NNPC.
Incase you still don't understand, Nigeria finances itself with crude oil proceed, CBN by provision finances the budget/FG/economy ... so how can NNPC be better where it has no jurisdiction think

The utmost auditor in the federal of Nigeria is the CBN if you can understand that then you will know no body audit better than Cbn

Seems you missed my first comment. You cannot cure illegality with illegality.
It is this dysfunctionality that later breeds corruption. Unfortunately, you and I will not hear about it until the heist has been completed.
You seem not to understand the difference. Was NNPC not remitting proceeds to CBN before?
What the directive implies from my understanding of it is that CBN will be directly involved in crude sales while NNPC will just be like a logistics and supplies arm. That is clearly and totally illegal. Besides, who then holds CBN responsible they do not also mismanage the funds?
Also, have you considered the effect of the new directive on NNPC's operational efficiency? NNPC will basically live off the good graces of the CBN in its operations. How does that make NNPC more efficient?
We once had something like that under Buhari. The Health Ministry was denied its own budget and was seconded to the Agric ministry to access its funds. Go and check what became of the Health ministry then!
As for your claim on CBN financing the economy, CBN finances the economy from the revenues it gets from revenue generating agencies like FIRS, NNPC, Customs etc. Is Tinubu by any luck saying only NNPC is corrupt and inefficient while the others are doing marvelously well?
So, if you the move, maybe CBN should also collect taxes and import duties directly instead of waiting for remittance from FIRS and Customs.
So my point is CBN is not even legally and professionally equipped to handle this request. I see it as favoritism. The President's men run CBN so they are now making NNPC which is being run by Kyari a Buhari man to be an appendage of CBN. It bodes no good as far as I can see.

Biglittlelois:



How exactly is it easy for most of you to insult a total stranger unprovoked? Are you not loved at home?

Maybe you should ask her

If you don't know the beginning of a matter, do not judge.

And since you obviously do not practice what you preach, you should ask yourself the second question you asked me.

stevups:



Atiku plan is to sell the whole country and spend the money in Dubai hotels

Our youths needs to start engaging their intellect past just political grandstanding and brickbating.
None of you is interrogating Atiku's intervention beyond just abuse and name-calling.
It's a dangerous trend. This is exactly what happened under Buhari till we're now seeing that CBN has been bludgeoned to smithereens.
It is same CBN in what seems like a fraternal obsession, Tinubu is handing over NNPCL's core function to and all what Nigerian youths can glean from this is that Atiku is a thief.
If Nigerians are so concerned about stealing how did Tinubu who has been "marshaling" Lagos treasury for decades become president?

theredaddy:



What is germane about the point Atiku raised, for years NNPC as failed to remit funds to CBN as enacted, all directives to enforce cooperative as failed why waste more time

IF by provision NNPC is compelled to remit proceeds to CBN, what makes it wrong if CBN takes over the whole process, as a concern citizen the most important thing is sales are made are remmitted to the final

Yorubas adage says, ka lo idí mö aso abi ka ló aso mo idi .. kii idi ma sha ti gbofo i.e whether you rope your ass around a wrapper or vice versa make yansh sha no dey nake,

The point he's making is the illegality and unworkability of that directive. I actually thought it was fake news when I first saw it.
By the laws creating CBN, its job is to manage the money space of Nigeria. It is not a commodity trading establishment.
By the law creating NNPCL, it is a trading company. So it is CBN is totally not equipped to trade commodities.
Now if you say because NNPCL is corrupt, you want to hand over a critical part of their work to CBN, has CBN proven to be of better behaviour than NNPCL in the first place? Or is it not same CBN that incurred 27trn debt on behalf of Nigeria with no ability whatsoever under Buhari? Is it not same CBN that has mismanaged or foreign reserves as well as our local currency?
How is CBN a better entity to manage crude sales than NNPCL? Does CBN have the operational competence and structure to carry the job out more effectively than NNPCL?
Atiku proposed bringing in NEITI to be an ombudsman for NNPCL upstream operations. It is a pity most of you don't know what NEITI is which is why you're all making bogus allegations that Atiku is benefitting from NNPC's corruption.
Another proposal he made is for CBN to have a representativeon NNPCL's board to vet NNPCL's books though I don't know how effective that will be.
But if Tinubu is really serious, engaging neiti and enabling them to vet NNPCL's operations is a far better scenario than CBN vetting oil sales that they know next to nothing about.

placeofallure:


There's work to be done. Don't have your time now honestly. As early as it is, I'm already seated at my table. Ekwensu, quit my sight!

Olosho dey get table? Abi you go give morning quickie to your client? Anuofia onye iberibe

Connected1:

And you can't even mention a name.

Shame on you, I am sure you call yourself a literate man.

Joseph Babalola
Benson Idahosa
Not to mention the likes of Adeboye

SoNature:


I thought I would see a new

TB Joshua hardly travelled anyway
And he was fixated more on Westerners. Performing videos and broadcasting them is not preaching Christ

SoNature:


It's thought, not taught! Those who thought pastors were God!

Besides, TB Joshua was a preacher whose influence transcended Nigeria!

He was the only Nigerian preacher who travelled round the world, held crusades for the locals and won souls for Christ!

No Nigerian preacher has been able to achieve what TB Joshua achieved for this country and the Christendom.

This is not true. There are Pastors who have done more for Christendom than TB Joshua

It is pitiable the iq of Nigerian youths.
I read through fp and it was all filled with insults for Atiku who raised germane points. Instead of them to counter the points, they rained insults and invective on Atiku.
I already said it. Those clowns on fp need to understand that apart from the fact that it's unworkable, it is illegal. You can't use illegality to cure illegality. It will only breed a bigger form of corruption.
This is how Buhari hounded judges and they hailed him. Today our judiciary has become an appendage of the executive such that those who want favorable judgements simply approach Aso Villa.
This is same way they hailed Buhari when he started messing with CBN. Today they all want Emefiele to hang.
Nigerian youths need to engage their brains better!!

On your mandate they shall starve

It's obvious Tinubu is out of his depth

I told them Nigeria is not Lagos were you mostly get free money and spend it on few things while looting the rest

placeofallure:
When I was still job hunting, the CEOs, the MDs, they demanded for sex.
My two bosses at NYSC
My Zonal Inspector
My Dad's friend
Senior colleagues at work
My project supervisor
My lecturer
My family doctor
My sister's boyfriend...

Some men will never reach their full potentials in life because of their abominable lust for women.

Look at this lying bitch
Everyone wants to sleep with you including CEOs of companies and even your sister's boyfriend
Is this the kind of lie you tell yourself to make you forget you're rejected, old Hag?

placeofallure:


E pain am! Some people cannot handle rejection, na so so to dey bark like dog. If I say I wan do now, I no go be public toilet. See, as your prick no big fullstop, I no do!

You can cry all to want. You're familiar with the dogs since they mount you at will.
Just shift. I have no interest in a smelly latrine

porthouse7:
reckless statement, what does it take fg to ground air peace if fear truly dey catch them

Exactly!!
Why all the tribal colouration for a purely economic matter?

BitterTruth0001:


And you don’t think you’ve committed fallacy here ?

If you read my post , I intentionally did not mention the airline. I did that specifically to avoid the unpleasantness of the inevitable responses from online warriors .

You could’ve first of all asked which airline I had in mind , then it’s left for me to name it or decline.
But you conjuring up a line of response and going so far as to authoritatively use demeaning/insultive words , all based on speculation of what you think went on in my head IS A fallacy .

To make matters worse, nowhere did you throw your weight behind the logical arguments that every reasonable Nigerian and right thinking person would make when they read this article : that it is incomprehensible for a federal minister to try to justify a foreign company operating our national carrier , taking us back to the days of Obasanjo, putting strain on our already depleted forex reserves and just simply publicly revelling in incompetence . A federal minister that is supposed to ister policies that’ll deepen capacity in the sector . No. You focused on shutting down the opposition by any means necessary.
You could’ve balanced your statement by castigating the minister first , then sharing your thoughts on the perceived tribal matter but you went for the topic that was more important to you .
Therefore I submit that you sir , are a tribal warrior yourself

Let me quickly clear something. There's nothing basically wrong in having foreign owners for a national carrier. BA is owned by the Emirati. KLM is owned by Air etc. My point was that you shouldn't have seen the minister's declaration whatever your grouse against it as due to hatred or bias for a certain airline.
That you did not mention the airline does not mean anyone with native intelligence cannot already fathom which airline you're referring to. A lot of guys with soft spot for AirPeace based on tribal identity picked issue with the former minister ignorantly based on his refusal to make AirPeace a national carrier.
Meanwhile there's nothing on ground that suggests AirPeace will be better placed to become national carrier if a local airline is considered. It is only tribal supremacists that see everything through tribal and narrow prisms.

placeofallure:


Do you have a monster d1ck? Na! You don't. I don't do phalluses that have a semblance to pencil. Mr. Tiny prick, I'll .

I knew it
Oloshos are always easy to spot. Their uncouth and roguish mien is like smoke.
Anyways, move on. I don't do public toilets

placeofallure:



Thank God I have a slimy dung to return to. Sebi You be homeless vagrant. We'll soon put out a GoFundMe campaign for you, Derelict! Ọmọ Irankiran!

You seem stuck on getting something from me

Is it my cock you want in your mouth?

To get that, you have to prove to me when you last had a decent mouth wash