PIA Act: There Was a Misconception that Commercialisation Necessarily Means Efficency - Agbakoba 

Dr. Olisa Agbakoba (S.A.N). Should be listened to... Such a robust conversation 👏👏👏

Dr Agbakoba, we, the educated and enlightened Nigerians worldwide should come together and fix Nigeria. You are right, most Nigerians are ignorant about a lot of things but it’s not their fault, it’s the education they have been given. It’s left to us to fix this

Wish people like Dr Akbagoba would be in goverment

Dr Abati. It's nauseating that you don't know that part of NNPC job are both production and regulations. Ignorance of Nigerians is enabling politicians to reduce Nigerians to beggars.

Rufai, you are the interviewer and not the interviewee. Please let your guest express his thoughts without you disrupting his flow.

Agbakoba has educated my favourite show anchors today. Dr. Abati has been schooled today. Nigeria's resources are being managed by corrupt and incompetent Nigerians.

If a staff of an oil company is competent, why should he or she allow corruption pass through his or her table,? It's incompetent.

Dr Rueben let him explain, "Stop interjecting without us having a good grasp of what the IOC are doing by doubling their operating costs and leaving us with infinitesimal profit sharing ratio.

SAN Agbakoba' s knowledge and his sharing of it is always very much appreciated. The problem here is whether or not it gets to those that can use it to make any changes suggested. He is asking for the repeal of the PIA, who is going to do start the ball rolling, he can't and neither is the media. Therefore, this is where educating the members of the national assembly on how to raise issues to be looked into is very important. Unless he has made direct suggestions to national assembly members or directly to the government, the knowledge sharing through the media may not be effective. He can ask for an audience with the national assembly to share his thoughts on the PIA and this the best way to possibly get the suggested repeal. Things don't get done or changed in Nigeria through the media because most Nigerians take whatever is shared through the media as entertainment. being presented by the media itself. I have never heard of any survey conducted by any media house in Nigerian on an issue and the reason being that they themselves depend on the social media or hear say for news.

Thank you Dr Olisa Agbakoba for teaching Mr Abati that you know the law more than him.

Nigerian media houses need to step up their game. Information is key! 🎉

I am surprised at some of the questions coming from my arise crew. The media should stop playing the ostrich and stand with the people. Dr Ruben stop arguing government me. Listen to what is actually happening not what is on paper. Thats the problem with Nigerians. Agbakoba is a patriot.

The problem is the our news channels have a problem of conveying Nigeria message and image. They don't understand global politics.

The guest speaker is SMART.

Lots of head gotta roll in Nigeria for these man made confusion to STOP, less than 1000 people are holding Nigeria hostage. Very shameful

Why is Rufai always interjecting when he suppose to listen first?.. you invited a guest to speak on issues

Thanks so much Dr. Olisa Agbakoba schooling the armchair journalists about our incompetent of running our natural resources period.

Dr Olisa you did your homework very well, and Thank you!

Rufai nawa for you, you invited a guest to speak and enlighten the people, here you are arguing, interrupting and behave as if you want to school him, guy you really need to calm down, your over sabi don dey too much and na big problem for you. Dr Abati know so much but he knows his boundaries, just ask your questions and wait for your guest to speak, if you have any objection you can do that in coded way.

Eyaaah, Agbakoba and the president are age mates at 71 years. Na Wao.

I think the Dr kub,is right,am a ghanaian of about 46 years old,I experience queueing for fuel in the Millitary era,Rawlings regime, since Ghana discovered oil,queueing has vanished, why and how,Africa leading producer of crude,almost every year queue for fuel,

This revelation can make someone sick

Rufai, you are very correct. It is not incompetence. The same incompetent peope excel outside the shore of Nigeria. It is me, myself and I business that is the problem.

Agbakoba showed his mettle today. Real stand-your-ground performance!

This thing that Agbakoba is saying is what made Europe and America to hate Jonathan and Deziani, because they contracted lifting of oil to local company run by Nigerians. Thats why they made so much money.

Both of you are right. It's a combination of corruption and incompetence, both of which are the elephants in the room. Get rid of both, and everything will change.

Dr Agbakoba has clearly displayed intelligence with deep and high level of patriotism! I admire how he defends the the Nigeria state and people!

This is quite revealing. Arise crew where schooled by the guest. This shows how ignorant we all are and we are not ready to challenge or ask critical questions. Incompetence driven by corruption is who we are.

Thank you Mr Agbakoba. Only Nigerians in 🇳🇬 don’t know how bad many deals the govt make are. Incompetence is when a nigerian govnr is genuinely ignorant of the real cost of bad water/roads. An American govnr understands he will use half of the money he is refusing to spend on the projects and maintenance to pay for lawsuits

Finally someone is speaking

I feel honestly amazed at the diligence with which intelligent Nigerians go to great lengths to research and bring out ideas that can lead this geopolitical space out of the woods as if they are unaware that they are merely baying to the moon and trying to convert the uninterested. It’s doubtful whether there’s anyone one in position of authority in this geopolitical space that loves the country enough to put the welfare of her citizens above that of themselves. So much saliva, so much airtime and data wasted.

President Tinubu should consider making Olisa Agbakoba as the Minister of NNPCL as he sound very competent to effect a positive change for more than 200million Nigerians.

Corruptions and inconvenient in the petroleum sector are the bitter truth holding Nigeria down. Again, Tinubu arrogating himself the position as petroleum Minister is just another pathway to milk Nigeria weath dry.

Rufai, keep quiet; this is not Sowore or Adeyanju. Listen to elders.

NNPCL runs their own field. How does their performance compare to that of the IOCs?

Damn, Nigeria is in a mess. who would solve this mess?

Spot on, professor!

Rufai please allow your guests to air their views.

Rufai Oseni, try to learn. Agbakoba is a guru, agba oje, competent and experienced. Rufai, you were arguing with him, and you don't allow him to explain. Thanks, Abatti for your wise intervention.

Intelligent and educative discussion among great intellects. Big ups Arise crews and Agbakoba. Imagine an APC chieftain being grilled here and they'll start shouting how insulting the crew is but, this is a great interview different from B***B****😂😂

Rufai Be calming down,this is not your show alone.

Abati please accept that Olisa Agbakoba is more knowledgeable than you are in the field of law. Arrogance is not a good trait and you are getting a bit condescending.

Interesting chat, I enjoyed every bit of it.

Me that is a layman understands what Agbakoba is saying, I'm not comfortable that Arise analysts doesn't know what he is saying, they keep interrupting him

Due to corruption Nigerians own any oil again please listen to Olisa I have been wondering what is wrong with this sector.

Dr Olisa SAN ❤❤❤

Bless you, Rufai, for the push back. 😂

Commercialization is actually the most easiest way to loot and enrich the very few. State-Capitalization is the best form of business operation with efficiency, and guaranteeing job and wealth creation for the masses, as long as bureaucracy is taken away.

Arise crew has a gag order on any topic concerning the current leadership of the NNPCL and its opaque operations. Arise should get experienced experts on the oil and gas industry to come on air and speak.

The problem may well not be that our people in that establishment are not knowledgeable about what should be happening. It might be a question of those who should be protecting the interest of the country regarding the “us” that Agbakoba is talking about as”me” ,the way one French king once stated “Le etat cest moa “ meaning “I am the State “.

It is because of the sharing that Dangote is begging to buy crude from IOCs

Gowon signs this joint venture agreement with IOC after the civil war because the owners of this oil companies in America and Britain supplied Nigeria weapons to win the war, it's not that they didn't know what is happening, they are using the joint ownership agreement to pay back

This is one of the reasons why Nigeria should be divided. Because there section of the country who accept things the way they are and there are section who want to take control of their destiny.

Rufai is right on corruption. I have always believed that our leader are not stupid and not ignorant of facts and what needs to be done, at least 80% of the time. But corruption (personal/institutional interest) makes then look away and act wrongly, and the people suffer..

.....and Nigeria can not have someone like this as president. Yeye 😢

Agbakoba had some decent suggestions on recommending the Saudi model but he also doesnt understand the oil and gas space well enough.

Will DANGOTE allow the other refineries to work? There is something going on.

Sir, Agbakoba, that rig was brought in with the approval or directive of NNPC theough their investment sunsidiary.

The best way out of these is for the states to manage its own resources without federal interference. In that way the people can their Governors accountable whom they know and can easily locate.

Nnaemeka obianeri has been telling us this for almost a year now and will continue to do so. He gets so mad some say he is shouting lol

Knowledge is power, when the call people learned the kind of Olisa Agbakoba should be reffered to... obtaining loads of certificate does not mean learned... lets do somethongs on our own and not delegate everything to white men, they are not superior beings, even to road construction... we are blessed with every resources but lack the knowledge to convert our raw to finished goods and take advantage of the logistics and every aspect associated with the business like most nations do. Most nations force you to transfer knowledge if you play in their mkt...

God bless this man. I have always talked about the privatization, it’s the biggest mistake of the century that the Nigeria government did. They went and copy western on the privatization, but they did not take note of the difference in both societies. I dislike on particular Nigerian billionaire because he always says that the government does not have business with doing business, it’s all because it’s benefiting him.

I do not understand the argument wether Nigeria problem is corruption or incompetency. The two are faces of the same coin. While we have numerous competents Nigeria around yet the corrupt system will not allow them to be appointed into positions knowing fully that a competent man has some level of integrity. So for corruption to thrive incompetency has to be entrenched and even glorified.

Dr Olisa Agbakoba took this ill-informed journalists to the cleaner. I need to pay Agbakoba for the schooling he offered to the crew. Anyone who knows Agbakoba should tell him that I’m owning him fees for educating these journalists.

I pray goodness and prosperity continue to shower on this speaker Can we think about what he's saying. Something is wrong

Dr Agbakoba is not having it, we often times look down on ourselves as Nigerians, when we don't give people who are competent to handle matters level playing field, we turn around and think we don't have people who are very effective and efficient. Nigerians run these things better than anyone can ever run it, let's do better by taking away nepotism and focusing on competence like Dr Olisa Agbakoba posited.

I think sometimes, Rufai conduct interviews as if he’s in a debate with his guests. Allow the man air his opinions and quit arguing with him.

Where was Agbakoba when the PIA was passed into law? Was there no public hearing as part of the process? Where was he when Nigeria migrated from mixed economy to market economy? How did he suddenly become a subject matter expert in this case? Does Nigeria government has sufficient surplus funds to edge out IOCs and take over the exploration of crude? Being a SAN doesn't cover authority on him on all issues. His pontification raises more questions and exposes his ignorance. He is a student, with all respect, in the subject he was to use law experience and knowledge only to profer solutions.

I'm happy that you answered the question that you are waking up now and want to say the truth. The problem we have in Nigeria is that the educated and genuis we have here find it difficult to say the truth, but they want the problem to be solve, please how is that possible? You can't select an incompetent leader and want the organisation to move forward. i think you guys are jokers😂😂

Agbakoba has seen a lot. We don’t understand the value chain in the oil business. We have not taken advantage of the opportunities that the oil industry can offer to the country. NNPCL is supposed to be able to run the oil business on their own.

Ruben, Rufai and Ayo nearly downgraded the interview with their frequent interruptions of Mr Agbakoba's informed revelations

I don't think Mr Agbakoba practises energy law. There's a lot of misstatements to unpack in this interview.

Dangote has entered the oil industry and all of a sudden we have his henchmen demonising the joint venture partners. These partners don't spend our own part of the money for us please.

Rufai can you just let your guest speak without interrupting😡😡😡

Agbakoba Lectures Abbati

Dr. Abbati you are cute.

Multi-ethnicity and multiculturalism does not allow for patriotism. Saudi Arabia and China are largely monocultural and mono-ethnic. They can be Patriotic, it's hard to be Patriotic as a Nigerian.

How can Olisa Agbakoba be saying that inefficiency is the problem, not corruption? Is it not corruption that gives birth to inefficiency. Corruption will make you employ unqualified persons.

“Ministry of Chicken Affairs”😂😂😂

This agbakoba is just talking....

Rufai is now supporting godfather practices in rivers state we now lose confidence in you

Honestly, Mrs Ayo is the Most civil person on this panel...Rufai, your oversabi syndrome is becoming ao Nauseating. If you have all the answers then do not invite anyone...you can start and finish the program yourself.. Plus your nasal congestion even makes it irritating listening to you

You supported it now you don’t?😅😅😅😅

This man is very irresponsible and self-centered. Agbakoba, ibu anumanu.

You journalists display such cowardice by not holding the government accountable. Journalists are watchdogs, but not Nigerian journalists! So shameful! How can you talk about food security without addressing insecurity in the country? And you people are just laughing as if this was not important