General News | 11 September 2011   14:39 CET
OIL BONUS: GEJ GETS $200M AS 'KICKBACK' MONTHLY?

By huhuonline.com




The motivation behind President Goodluck Jonathan unwavering support for the corrupt and incompetent Deziani Allison Madueke as oil minister may have unraveled, as Goodluck Jonathan is alleged to be receiving about $200 million as monthly kick -back of

the country's oil earnings as president.
Wikileaks has revealed that this kick-back tradition was perfected by President Obasanjo`s administration. According to the kick-back arrangement, NNPC set aside USD 1.00 per barrel of Nigerian oil sold as a special offer from the coffers of the Nigeria National Petroleum Commission (NNPC) to the President. 

Nigeria has produced about 2.17 million barrels per day of oil at a higher oil price of around $90 pb although it is contending with the recent slide in production to 1.8 million bpd.

Huhuonline.com http://Huhuonline.com/ sources say that Maitama Sule, former Nigerian ambassador to the United Nations (1979-1983) and confidant of President Umaru Yar'Adua, recently disclosed that former First Lady Turai Yar'Adua is involved in corrupt practices, and especially real estate fraud.

Sule is said to have also exempted former President Yar'Adua from corruption as he was said to have severally turned down monetary offerings to the tune of $60 million, by the NNPC despite the fact that NNPC allocated USD 1.00 per barrel of Nigerian oil sold as a type of personal payment or "kickback" to the President. 

While Yar'Adua reportedly ordered his "share" to be deposited into the nation's treasury, Sule claimed that the First Lady pocketed her husband's reported share, while Senate President David Mark and House Speake, Dimeji Bankole pocketed USD 0.50/barrel, totalling $30 million. 

In light of the possibility that Obasanjo could have stolen billions of dollars under this arrangement, Sule  said that Yar'Adua told him that he may use this information, perhaps one day in the near future, to indict Obasanjo for corruption. 

The problem however, according to Sule, rested in the fact that Yar'Adua recognized that if he were to pursue Obasanjo, he may unwittingly subject his wife and close advisers to greater scrutiny, and risk his own political careerl.

Complete Text of Wikileaks Naratives, reads:
NIGERIA: NORTHERN SUPPORT FOR YAR'ADUA WANING, THOUGH TEMPERED BY FEAR 

SUMMARY: Maitama Sule (strictly protect), former Nigerian ambassador to the United Nations (1979-1983) and confidant of President Umaru Yar'Adua, averred that the northern political elite is increasingly apprehensive about Yar'Adua's health and his capacity to continue to govern, and 

is fearful the North may lose the presidency to the South if Yar'Adua dies, although we note that there are other factors at play on this issue besides Yar'Adua's health, particularly if the Supreme Court calls for a new election.  

While Sule believes that President's performance during his first year in office has suffered due to his ailing health, he assessed Yar'Adua has succeeded in disentangling and distancing himself from former President Obasanjo.  Sule informed that Yar'Adua wants to further reduce Obasanjo's influence both within the Villa and the National Assembly.  Consequently, Sule remarked, Yar'Adua intends to replace current Chief of Staff, and Obasanjo-loyalist, Abdullahi Mohammed.  (Nigerian press reported May 30 that Mohammed has resigned, and will officially vacate office June

2.)Sule confided that some influential northerners are currently pressuring former National Security Adviser, Aliyu Muhammad Gusau, to consider taking over as Chief of Staff.  

Also, Sule alleged that Obasanjo is working to bribe the Supreme Court to overturn President Yar'Adua's April 2007 election.  While claiming 

that First Lady Turai Yar'Adua is heavily involved in corrupt activities, Sule insisted that President Yar'Adua is committed to remaining personally untainted by corruption. 

To that end, Sule asserted, President Yar'Adua recently turned down $60 million, which had been offered to him as the President's personal "share" of Nigeria's monthly oil earnings.  Although Yar'Adua, according to Sule, allegedly ordered his "share" to be deposited into the nation's treasury, Sule also said First Lady Turai pocketed $60 million while Senate President David Mark and House Speaker Dimeji Bankole each pocketed $30 million.  We still contend however, that it is impossible for Yar'Adua not to know about his wife's illicit activity even if he is not personally accepting bribes or engaging in such activity.  END SUMMARY. 

¶2. (S//NF) Maitama Sule (strictly protect), former Nigerian ambassador to the United Nations (1979-1983) and well-known confidant of President Umaru Yar'Adua spoke with PolOff at his Kano residence May 15 (see Ref A for Sule biographical information).  Sule lamented the northern political elite remains increasingly apprehensive about Yar'Adua's health. 

Whereas earlier health-related predictions of Yar'Adua's prognosis had been relatively positive, current estimates, Sule observed, paint a somber picture of the President's strength, and consequently, his capacity to continue to govern.  With the prospect of Yar'Adua's death while still in 

office figuring prominently in the minds of many in the North, Sule remarked that the North fears it may inadvertently forfeit its turn to hold the presidency.  Such an eventuality, Sule bemoaned, would impair the North's ability to retain influence and help chart a more positive course for northerners, especially after eight years of what northerners deem Obasanjo's injurious influence on the North. 

¶3. (S//NF) Sule believes that Yar'Adua has succeeded in distancing himself from Obasanjo, and appears more committed to attenuating Obasanjo's influence within the Villa.  To that end, Sule said, Yar'Adua plans to reshuffle the cabinet to replace Obasanjo-loyalists within the Villa.  In particular, Sule noted that the northern political elite is working to convince former National Security Adviser Aliyu Muhammad Gusau to rebuff entreaties by Ibrahim Babangida to aid him in a return to power, and instead, accede to the position of Yar'Adua's Chief of Staff, which is currently held by Obasanjo-loyalist Abdullahi Mohammed.  (Nigerian press reported May 30 that Mohammed resigned with effect from June 2.  Gbolade Osinowo, Senior Special Assistant to President Yar'Adua will act as Chief of Staff until a replacement is announced.)  


http://m.thenigerianvoice.com/news/69661/1/oil-bonus-gej-gets-200m-as-kickback-monthly.html

I had to dig into the archives and get this piece out. Now we understand where OBJ got the $200m he supposedly returned to the treasury.

make dem no wory change has come. God will expose all of them. Amen

zomoears:
General News | 11 September 2011   14:39 CET
OIL BONUS: GEJ GETS $200M AS 'KICKBACK' MONTHLY?

By huhuonline.com




The motivation behind President Goodluck Jonathan unwavering support for the corrupt and incompetent Deziani Allison Madueke as oil minister may have unraveled, as Goodluck Jonathan is alleged to be receiving about $200 million as monthly kick -back of

the country's oil earnings as president.
Wikileaks has revealed that this kick-back tradition was perfected by President Obasanjo`s administration. According to the kick-back arrangement, NNPC set aside USD 1.00 per barrel of Nigerian oil sold as a special offer from the coffers of the Nigeria National Petroleum Commission (NNPC) to the President. 

Nigeria has produced about 2.17 million barrels per day of oil at a higher oil price of around $90 pb although it is contending with the recent slide in production to 1.8 million bpd.

Huhuonline.com http://Huhuonline.com/ sources say that Maitama Sule, former Nigerian ambassador to the United Nations (1979-1983) and confidant of President Umaru Yar'Adua, recently disclosed that former First Lady Turai Yar'Adua is involved in corrupt practices, and especially real estate fraud.

Sule is said to have also exempted former President Yar'Adua from corruption as he was said to have severally turned down monetary offerings to the tune of $60 million, by the NNPC despite the fact that NNPC allocated USD 1.00 per barrel of Nigerian oil sold as a type of personal payment or "kickback" to the President. 

While Yar'Adua reportedly ordered his "share" to be deposited into the nation's treasury, Sule claimed that the First Lady pocketed her husband's reported share, while Senate President David Mark and House Speake, Dimeji Bankole pocketed USD 0.50/barrel, totalling $30 million. 

In light of the possibility that Obasanjo could have stolen billions of dollars under this arrangement, Sule  said that Yar'Adua told him that he may use this information, perhaps one day in the near future, to indict Obasanjo for corruption. 

The problem however, according to Sule, rested in the fact that Yar'Adua recognized that if he were to pursue Obasanjo, he may unwittingly subject his wife and close advisers to greater scrutiny, and risk his own political careerl.

Complete Text of Wikileaks Naratives, reads:
NIGERIA: NORTHERN SUPPORT FOR YAR'ADUA WANING, THOUGH TEMPERED BY FEAR 

SUMMARY: Maitama Sule (strictly protect), former Nigerian ambassador to the United Nations (1979-1983) and confidant of President Umaru Yar'Adua, averred that the northern political elite is increasingly apprehensive about Yar'Adua's health and his capacity to continue to govern, and 

is fearful the North may lose the presidency to the South if Yar'Adua dies, although we note that there are other factors at play on this issue besides Yar'Adua's health, particularly if the Supreme Court calls for a new election.  

While Sule believes that President's performance during his first year in office has suffered due to his ailing health, he assessed Yar'Adua has succeeded in disentangling and distancing himself from former President Obasanjo.  Sule informed that Yar'Adua wants to further reduce Obasanjo's influence both within the Villa and the National Assembly.  Consequently, Sule remarked, Yar'Adua intends to replace current Chief of Staff, and Obasanjo-loyalist, Abdullahi Mohammed.  (Nigerian press reported May 30 that Mohammed has resigned, and will officially vacate office June

2.)Sule confided that some influential northerners are currently pressuring former National Security Adviser, Aliyu Muhammad Gusau, to consider taking over as Chief of Staff.  

Also, Sule alleged that Obasanjo is working to bribe the Supreme Court to overturn President Yar'Adua's April 2007 election.  While claiming 

that First Lady Turai Yar'Adua is heavily involved in corrupt activities, Sule insisted that President Yar'Adua is committed to remaining personally untainted by corruption. 

To that end, Sule asserted, President Yar'Adua recently turned down $60 million, which had been offered to him as the President's personal "share" of Nigeria's monthly oil earnings.  Although Yar'Adua, according to Sule, allegedly ordered his "share" to be deposited into the nation's treasury, Sule also said First Lady Turai pocketed $60 million while Senate President David Mark and House Speaker Dimeji Bankole each pocketed $30 million.  We still contend however, that it is impossible for Yar'Adua not to know about his wife's illicit activity even if he is not personally accepting bribes or engaging in such activity.  END SUMMARY. 

¶2. (S//NF) Maitama Sule (strictly protect), former Nigerian ambassador to the United Nations (1979-1983) and well-known confidant of President Umaru Yar'Adua spoke with PolOff at his Kano residence May 15 (see Ref A for Sule biographical information).  Sule lamented the northern political elite remains increasingly apprehensive about Yar'Adua's health. 

Whereas earlier health-related predictions of Yar'Adua's prognosis had been relatively positive, current estimates, Sule observed, paint a somber picture of the President's strength, and consequently, his capacity to continue to govern.  With the prospect of Yar'Adua's death while still in 

office figuring prominently in the minds of many in the North, Sule remarked that the North fears it may inadvertently forfeit its turn to hold the presidency.  Such an eventuality, Sule bemoaned, would impair the North's ability to retain influence and help chart a more positive course for northerners, especially after eight years of what northerners deem Obasanjo's injurious influence on the North. 

¶3. (S//NF) Sule believes that Yar'Adua has succeeded in distancing himself from Obasanjo, and appears more committed to attenuating Obasanjo's influence within the Villa.  To that end, Sule said, Yar'Adua plans to reshuffle the cabinet to replace Obasanjo-loyalists within the Villa.  In particular, Sule noted that the northern political elite is working to convince former National Security Adviser Aliyu Muhammad Gusau to rebuff entreaties by Ibrahim Babangida to aid him in a return to power, and instead, accede to the position of Yar'Adua's Chief of Staff, which is currently held by Obasanjo-loyalist Abdullahi Mohammed.  (Nigerian press reported May 30 that Mohammed resigned with effect from June 2.  Gbolade Osinowo, Senior Special Assistant to President Yar'Adua will act as Chief of Staff until a replacement is announced.)  


http://m.thenigerianvoice.com/news/69661/1/oil-bonus-gej-gets-200m-as-kickback-monthly.html

What about all those oil blocs some northern leaders were milking. Mtchew!! anyway we are waiting to see what this change will bring. Wishing Nigeria well.

What about all those oil blocs some northern leaders were milking, all the ignored compensations that was suppose to have gone to the communities whose oil lands were been milked and their waters and environment polluted. anyway we are waiting to see what this change will bring. Wishing Nigeria well.

Nigeria is a cesspit of corruption. It has eaten so deep that I fear how many of us have yet to soil ourselves with corrupt practices.

Dont be deceived, the private sector is way more corrupt than the public sector