PARLIAMENTARY SYSTEM WILL STOP THE MASSIVE BLOODSHED - CRUDE OIL FLOWS ACROSS NIGERIA!

ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 13. NO 557. 14th April 2024} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

PARLIAMENTARY SYSTEM WILL STOP THE MASSIVE BLOODSHED - CRUDE OIL FLOWS ACROSS NIGERIA!

In every annual budget since the discovery of crude oil in Nigeria in 1956, revenue from oil alone had always constituted not less than 85% of total overall appropriations!

The oil and gas sector plays a significant role in the economy, contributing about 65% of government revenue and 85%of total export.

The Federal Government had in the 2024 budget estimate projected N18.3 trillion revenue, expecting that N8.0 trillion or 43.9 percent would accrue from oil revenue.

However Niger militants and the entire indigenous people of the region had always claimed that without oil from their soil, Nigeria would not survive economically, when their political leaders were unfaithful in spite of the 13% derivation allocation to the oil-producing communities! The 13 % derivation fund comes from the federation revenue to oil-producing communities through the state governments as enshrined in section 162, sub-section 2 of the Nigerian constitution, but due to ripple effects of degradation of their soil through years of exploration/exploitation, they are now demanding for 30% of total oil and gas revenue for their region! In a Parliamentary System of government which citizens are demanding, the question or agitation for certain percentages from the Federal Government will no longer arise because grassroot constituencies would explore and utilize

such NATURAL ENDOWMENTS while agreeable percentages would be paid to the Central Government as at when due.

The Buhari APC Administration in November 2022 announced that over a billion barrels of oil was found in Northern Nigeria and that drilling had commenced.

The ex-president said the country also found 500 billion cubic feet of gas within the Kolmani area of Gombe and Bauchi, which had already attracted $3 billion investment when he flagged off the first crude oil drilling project in northern Nigeria, on the boundary of Bauchi and Gombe States on Tuesday 22nd November, 2022.

According to a Leadership Report, the NNPC had in October 2019 announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-eastern part of the country. The commercial quantity discovery was the first in the region after several crude oil explorations in the Upper Benue Trough. The oilfield will be developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and NNPC Ltd.

The discovery of oil and gas in commercial quantities in the Gongola Basin, according to NNPC, will attract foreign investment, generate employment for people to earn income and increase government revenues. During the flag-off in Bauchi on Tuesday, Mr Buhari said the successful discovery of the Kolmani Oil and Gas field by NNPC and her partners has finally broken a decade’s long jinx.

“THIS IS INDEED SIGNIFICANT CONSIDERING THAT EFFORTS TO FIND COMMERCIAL OIL AND GAS OUTSIDE THE ESTABLISHED NIGER DELTA BASIN WERE ATTEMPTED FOR MANY YEARS WITHOUT THE DESIRED OUTCOMES,” MR BUHARI SAID.

“This discovery had emanated from our charge to the NNPC to re-strategize and expand its oil and gas exploration footprints to the frontier basins of Anambra, Dahomey, Sokoto, Benue trough, Chad and Bida Basins. Similar activities across the other basins are currently actively ongoing.” 

“We are pleased with the current discovery of over 1 billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani area and the huge potential for more deposits as we intensify exploration efforts. “As a fully integrated in-situ development project comprising upstream production, oil refining, power generation and fertilizer, the project promises many benefits for the nation. This includes but is not limited to Energy Security, Financial Security, Food security as well as overall socio-economic development for the country,” he said.

Mr Buhari noted that considering the landlocked location and the huge capital requirement, the economics of the project is a challenging proposition.

“Consequently, from the onset, I instructed NNPC Limited to utilize and leverage their vast asset portfolio across all corridors of its operations to de-risk the project to attract the much-needed investment. I have directed NNPC to continue along these lines.

“It is therefore to the credit of this administration that at a time when there is near zero appetite for investment in fossil energy, coupled with the location challenges, we are able to attract investment of over USD 3 billion to this project,” he said.

According to him, this will surely be a reference subject for favourable discussion in the industry as we pursue the energy transition program that will culminate in our country achieving Net-Zero position 1 by the year 2060. “I have engaged the Governors of Bauchi and Gombe States, and both have given me assurances of their unwavering commitment and willingness to ensure support and cooperation in these localities as this activity affects the local populations,” he said. He urged the NNPC Ltd, NNDC, and their Strategic partners to ensure all lessons learnt from our years of experience as an oil-producing nation are utilized to ensure harmonious relationships with the local communities.

AS THE OIL & GAS FLOW ACROSS NIGERIA THE PARLIAMENTARY SYSTEM WOULD COMPLEMENTARY & COMPLETELY ELIMINATE THE AGGRESSIVE RIVALRY AND DICHOTOMY BETWEEN NORTH AND SOUTH!

URGENT NEED FOR A UNICAMERAL LEGISLATURE IS NOW!

A unicameral legislature refers to the type of legislature in which there is only one House or Chamber. 

It provides for diligence, dedication and accountability through hard work because ALL HANDS MUST BE ON DECK 24/7!

Below are salient advantages of Unicameral Legislature FOR NIGERIA!

On appointed days of the week Legislators/Parliamentarians and the PRIME MINISTER would seat and work together as a Team in the One Chamber and address constitutional duties of government according to priorities.

Unicameral legislature is democratic in that it ensures grassroot free/fair elections through direct voting system by the people.

. It is cost-friendly, cost effective because aspirants would not have to campaign across the entire country but within their locality and constituencies.

. Successful Parliamentarians would appoint from among themselves the leader of the party with the majority votes as Prime Minister who becomes head of government.

. Government has two executive posts namely: The Real Executive and the Ceremonial Executive who is decorative Head of the State.

. Members of the Press are regularly briefed to inform the public through their Media Establishments by the Prime Minister as appropriate or any member delegated by him.

. There is no specific tenure of office for the Prime Minister as it obtained in the Presidential system. A Prime Minister remains in office for as long as he or she performs creditably.

It could be Four years, Six months or Three weeks! His/her tenure depends on STERLING & ACCEPTABLE PERFORMANCE BY HIS COLLEAGUES - unlike SEAT-TIGHT LEADERS in a Presidential System!

. The Executive Prime Minister who is a product of the Legislature is responsible to his colleagues (the parliamentarians), with whom he shares a collective responsibility of the whole Council because he and his ministers were elected from among other members of Parliament.

. A Prime Minister may resign from office at any time instead of being kicked out through a VOTE OF NO CONFIDENCE by his colleagues!

.Bicameral legislature in Nigeria had always engendered rivalry in respect of superiority - upper or lower - not specifically highlighted in the 1999 Military Constitution of the Federal Republic of Nigeria!

.A Unicameral legislature prevents such squabbles.

.Unicameral legislature provides room for a faster process of law making because CONCURRENCY would not be applicable in moments of emergency!

INTRACTABLE INSECURITIES OF BOKO HARAM TERRORIST, BANDITS, GUNMEN KIDNAPPERS, ASSASSINS, MURDERERS, ARMED FULANI HERDSMEN ETC. WOULD BE COMPLETELY ELIMINATED WHEN A ONE-HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT IS ESTABLISHED IN NIGERIA!

.All able-bodied adults will be gainfully employed to earn living wages. People will dwell in harmony because all constituencies will be highly productive and competitive in industrial revolution in agriculture through information communication technology (ICT) and state of art equipments.

Agriculture will be the main stay of the economy that will even overshadow mineral resources/Oil and Gas. Every part of Nigeria will be developed to international standards.

The time to act is now! The present government of Bola Tinubu should realize that the Citizens have sovereignty over them who were selected/selected and appointed politicians!

Nigeria is adequately endowed roundabout and there should be no more negative indexes with which Nigeria have been labeled in the past!

It's time to act now in righteousness by discarding sinful attitudes of nepotism, cabalism, tribalism, feudalism, egotism, institutional corruption etc.!

"The fear of the LORD is the beginning of Wisdom!"

[EXPECT A PRIME MINISTER IN NIGERIA NOW!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.