Hon Ibrahim Ali Amsami

One people one feature and one country Nigeria. Atiku

[Mahdi Shehu @shehu_mahdi]

Politicians whose wish is not to be criticised MUST depart and remain at a long distance from the Democratic space, stage, and platform because ideal Democracy entails alternative views, whether harsh, mild or soft. ...per mahdi

[Hon Ibrahim Ali Amsami @AMSAMIALI]

Damu yan PDP dasu yan APC duk a kasko daya Tinubu yake gasa mu.
😂😂

[Mahdi Shehu @shehu_mahdi]

TINUBUS HATE FOR NORTHERN NIGERIANS:After forcing himself on Nig, against the wish of majority votes, indeed after using Islam as a deception tool,Tinubu is all out to destroy North & its people,by policies, through proixies,using diplomacy & other foul means. Watching closely

[Atiku Abubakar @atiku]

Tinubu’s administration owes Nigerians an explanation for the NNPC $3.3bn emergency loan.

In what appears to be a landmark economic decision of the Bola Tinubu-led administration, the Federal Government last year, precisely on August 16, 2023 through the Nigeria National Petroleum Company (NNPC) secured a $3.3 billion emergency crude repayment loan, which according to the NNPC, was to help give support to the Naira and stabilize the Foreign Exchange market.

The curious thing about this transaction is that up till now, the Federal Government continues to keep mum about it, and the only information available to the public on the mega deal is coming only through unofficial sources from the NNPC.

The deal is supposed to be a crude-for-cash loan arranged by the African Export-Import Bank.

According to information available, a Special Purpose Vehicle called Project Gazelle Funding Limited is driving the deal, and it was incorporated in the Bahamas.

The SPV is the borrower while the NNPC is the sponsor, with an agreement to pay with crude oil to the SPV in order to liquidate the loan at an interest rate that is a little over 12 per cent.

What is even more confounding about this deal is why the Federal Government would register a company in the Bahamas, knowing full well the recent scandal of the Paradise Papers that involved that country.

Curiously also, Nigeria’s current Barrels Produced Daily (BPD) is 1.38 million, and according to the Project Gazelle deal, Nigeria is to supply 90,000 Barrels of its daily production, starting from 2024 till it is up to 164.25 million barrels for the repayment of the loan.

Now, this is where the details get disturbing because Nigeria’s benchmark for the sale of crude per barrel in 2024 is $77.96. A simple multiplication of that figure by 164.25 will give us a whooping $12bn.

It is on this note that we are calling on the Federal Government to speak up on this shady deal.

It is inconceivable that the Federal Government will lead the country to take a loan of $3.3b with an interest rate that is not more than 12 per cent, but with estimated repayment amounting to $12bn.

That is a humongous differential of about $7b between what is in the details of the deal on paper and what indeed is the reality.

There are questions to be answered on the integrity of this deal, and we earnestly request the Federal Government to talk directly on these cloudy details behind the deal.

We therefore demand, on behalf of the ordinary people of Nigeria, that the Federal Government provides answers to the following questions.

1. Has the Federal Government accessed the loan?
2. Is the loan in the government’s borrowing plan as approved by the National Assembly?
3. Who are the parties to the loan, and what specific roles are they expected to play?
4. What are the conditions to the loan, including tenor, repayment terms, the collateral, and the interest rate?
5. And, lastly, why register an SPV in the Bahamas knowing the recent scandal of the country’s notoriety for warehousing unclean assets?

-AA

[D. H Bwala @BwalaDaniel]

Thank you Fubara for using your full weight of executive powers to stamp your authority. The next step is to write ⁦@officialABAT⁩ withdrawing Wike as minister representing Rivers State. Also don’t forget to demolish any of his properties not on the original master plan.

[Hon Ibrahim Ali Amsami @AMSAMIALI]

Alhamdullilah.

[𝕊𝕡𝕣𝕚𝕟𝕥𝕖𝕣 𝕻𝕣𝕖𝕤𝕤 @SprinterPress]

The journalist asks: What did they do to deserve to die like this!

[• @Al__Quraan]

🇮🇱 Israel is a TERRORIST STATE.💔🥺

[Hon Ibrahim Ali Amsami @AMSAMIALI]

Justice is not for sale.

[Jackson Ude @jacksonpbn]

SPENDING LESS THAN A WEEK TO ATTEND UNGA IN NEW YORK, THE DRUGGIE AND HIS LOOTENANTS BLEW $422,820.000
For a less than a week stay in New York to attend the 2023 UNGA, Bola Tinubu and his Lootenants squandered $422,820.00, an equivalent of N422,820,000million.
Thanks to @PIDOMNIGERIA for putting your life in danger and exposing Bola Tinubu and his Lootenants who attended the 2023 UNGA

[Hon Ibrahim Ali Amsami @AMSAMIALI]

My heart is so heavy. May Allah protect the people of Palestine 🇵🇸 and grant the martyrs the highest level of Jannah.

[Jackson Ude @jacksonpbn]

U.S Military General Warns Nigeria Of Dire Consequences If Supreme Court Affirms Bola Tinubu’s Presidency
Listen

[Hon Ibrahim Ali Amsami @AMSAMIALI]

Waiting for Tinubu to produce his own verifiable receipts.

So much for the APC "counterattack" lol. Absolutely toothless people.

[Hon Ibrahim Ali Amsami @AMSAMIALI]

National embarrassment

[Abdul Rasheeth @Rasheethe]

From the Global stage 🤦‍♂️

[Hon Ibrahim Ali Amsami @AMSAMIALI]

This movie long ooo 🤣🤣👇👇👇

[Hon Ibrahim Ali Amsami @AMSAMIALI]

Up to the Supreme Court to defend BAT or the constitution of the Federal Republic of Nigeria. 🤷‍♂️ I raised my case.

[Hon Ibrahim Ali Amsami @AMSAMIALI]

@DavidHundeyin @SuperScreenTvNg You are a hero of Democracy, history will not forget you brother

[Hon Ibrahim Ali Amsami @AMSAMIALI]

Thank you to the #Obidient family. I am particularly proud to be working with you all in the pursuit of a country we can all be proud of regardless of the differences in our political platforms. We can all give David his flowers🌺 . He deserves them all!

[Hon Ibrahim Ali Amsami @AMSAMIALI]

ATIKU’S GLOWING TRIBUTE TO DAVID HUNDEYIN
Atiku Abubakar’s tribute to one of Nigeria’s foremost investigative Journalist,
@DavidHundeyin
David Hundeyin is his appreciation of the enormous amount of work Nigerian youths have put in to save the country’s democracy.

[Hon Ibrahim Ali Amsami @AMSAMIALI]

It is his own way of saying “thank you to all those, especially the #OBIdients who daily, make sacrifices in ensuring that the democracy in Nigeria is sustained. Thank you to Hundeyin.