Why Are Major Oil Companies In Nigeria Controlled By Yorubas And Hausas?

Sorry oo I stand to be corrected. But none of these coys is government owned. They're all private coys and the CEO has the right to employ who ever pleases him. Afterall its still a free world. If You setup an oil coy today and call it adconline oil or I setup "GISTS Peetroleum"  why should You & I be probed for employing only from a certain tribes especially when they're qualified and competent.

You'll be beter off to shift your investigation to DPR, NNPC and NLNG etc

its no secret that the yoruba and hausas have an over bearing influence in the oil sector. First, they insisted that all the oil companies have their headquarters in Lagos before they then moved them to Abuja. OBJ tried by allowing some of them to move back to the areas of operations. Look at Shell, Chevron, Mobil, Agip, Totalfinaelf, the same people running things.

I see myself as a human being. Igbo, Hausa, White, Black, whatever, as long as you are peace-loving, we are one.

When I'm ready to employ people, I don't think tribe will be an issue.  If you can generate money, you are hired!

@ topic
adcoline, I think your argument is a bit flawed. All the oil companies you listed are downstream companies i.e, marketing companies. Most of the upstream- exloration and production- companies, are not necessarily headed by yorubas or hausas. In fact, you have very few hausas in the upstream company, except maybe NNPC.

Shell in Nigeria is headed by a man from Edo state and his counter part from one of the south east states. Very top positions are headed by non- yoruba and non-hausa people in these upstream companies.

At the end of the day I concur with 'gists'. The companies you mentioned are mostly privately owned and the owners have the right to employ who they wish.

Also, lets face it. You made a case for Niger Deltans but unfortunately, it takes more than tribe to run a business successfully. You need competence.
Lots of these Niger Deltans need to brush up on their skills and education instead of causing commotion in the creeks. If you are skillful and educated you will be employed and maybe  soon head a firm.

Rich (and often corrupt) Niger Deltans such as most of the governors of the Niger Delta states, should invest their money in floating oil companies in the Niger Delta region and employ their kinsmen and women to run the place

In conclusion, I believe this: if you work hard and are competent you will soon head a company or float one yourself. It has very little or nothing to do with your tribe

There is something my pastor always says: A MIRACLE OCCURS WHEN OPPORTUNITY MEETS PREPARATION.

Look at the examples of miracles in the bible. If the recipients had not positioned themselves where God had programmed the miracles to occur, they would have missed out on them.

Let's apply this to the topic of this post.

The owners of these firms did not just happen to fall upon the positions they currently occupy. They had to prepare themselves for it.

Let's face it. The Yorubas have been at the forefront of financial education in Nigeria. Talk of shares, they were there before anyone. Talk of industries like the conglomerates that produce goods that are used EVERY SINGLE DAY by millions of Nigerians, (toothpaste, soap, detergent, packaged food items, etc) they are there. So is it a wonder they are at the forefront when it comes to company ownership, etc?

Now before I go on, I will like to state that I am not Yoruba. My parents are from the South South and South East.

A typical Igbo businessman is only interested in buying and selling. If you come to the South South, the mentality is simply centered around grabbing a piece of the oil wealth. There is no innovation to create something new; to develop new technology that will push Nigeria's development forward.

Crying about being marginalized is not an excuse. Look at Japan. Did they use the bombing of Hiroshima and Nagasaki as an excuse not to be counted in world economic affairs? NO!

The Japanese decided within themselves that they would rise above the ashes and scars of WW2 and become an economic powerhouse in the world. Now Japan is the home of Toyota, KIA, Honda, Yamaha, Sony and other products that are world leaders in their respective categories. You cannot talk of cars and electronics worldwide without mentioning Japan.

Even Americans prefer to buy Japanese cars than American cars. That's why Toyota has overtaken Ford as the world's leadng car manufacturer.

Why can't the so-called marginalized ethnic groups learn from the Japanese example?


This is what we in the South South and South East need to correct. We have to make a radical shift from what has been the norm to do something more positive in the area of carving out a niche for ourselves.

Just like a member rightly said in an earlier post, why did Alams not think of leaving behind a legacy for is people? Can the other South South govs really say that after 8 years, they left a legacy that can be built upon by their people?

These are questions that we need to answer.

This is a naive gibberish of a response. Many others (non-Yoruba) are in the big league as well. Bank businnes is not production and the banks were always getting moribund until Soludo came in. Take a trip to Nnewi and see what is going on. For instance, the best and only (I think?) computer-manufacturing company in Nigeria is owned by a south easterner. I do not want to indulge in naming names, but certainly the biggest players also include others.
And, until he resigned recently to contest for a gubernatorial position, the CEO of AP was Igbo by name Tony Okocha.

If you are so agrieved on having Yorubas and hausas running the show in the oil and gas sector, then tell your folks to start going to school and invest immensely in education and training of their medulla oblongata. That way they will be able to apply in an equal opportunity world

Well it's because
1)They are scared: You know igbo's like money too much so they are afraid that
they will embezzle their money or siphone it into their own account.

2)Most igbo's are illiterates: They prefer to own their own business and be the oga instead of collecting salary, so they either drop out of secondary school or start learning a trade after secondary school.

hope your question has been answered  
My sincere apology to the igbo folks  

Yea! You mean embezzle money just like Obasanjo, Tafa Balogun, Fasawe, Bode George, former INEC finance director ''Pastor'' Akanni, and the one from Osun State who died when Obasanjo locked him up for defrauding the national ID card project did. The yoruba are the most corrupt Nigerians, any day. And as for illiteracy, you are ignorant if you do not know that Igbos are far ahead of the Yoruba in education. Jamb records and evidence of Nigerians studying abroad will convince you. For example, the best student-mathematician in Africa is Igbo and in Nigerian, Igbo is number 1 and 3, while Yoruba came 4th and 5th. Even, Hausa beat Yoruba in that mathematics contest. If not for the civil war and Awo's tribalistic indigenisation policy, the Yoruba will be nowhere today. Since Awo died, they have been stagnant, only breeding touts and area boys, led by Adedibu and Tinubu. Remove oil coming from the forner Eastern region, then Nigerians will see those who are hardworking and independent and who are the lazy opportunists.

who ever thinks that Igbos are les educated in nigeria is an illiterate himself, during my uni days in Nigeria in a non igbo state, more that half of the school students are IGBOS, even in UI 30% of students are IGBOS, In UNN you don't have upto 10% yorubas not to talk of UNIPORT, UNICAL,ABU,UNIJOS and others. They Only hinderance we have in nigeria because we lost the war otherwise we r the most industrious, Nnewi and Aba will tel u more. We don't depend on Govt to survive likewise the other tribes.
So do your homework well before u start vomitting s**t.

Adcoline is right.
I am tired of the old excuse that the ND governors are  corrupt hence the poverty. Apart from Yar'Adua which other gov can claim innocence? If you think the Niger Delta issue will go away, you have another think coming.

The oil belongs to the south south not south east. You are just whining because you were denied the opportunity to keep the oil to yourselves rather than sharing it with others. Quit whining.

Another Ignoramus gibbersih. Apart from oil in Igbo parts of Rivers, there is oil in Abia and Imo. And even, several capped oil wells are untouched in Abia. Wait until the MEND guys blow up all the oil wells in their catchment area, then we shall know who is who in Nigeria. Crappy ignoramus.

And, Oil is also confirmed present in commercial quantity in Anambra. Hence they are now building a refinery -orient refinery- chairmaned by Emeka Anyaoku, former Commonwealth secretary general

http://www.rmrdc.gov.ng/MineralRawMaterials/Petroleum.htm


http://www.orientpetroleum-ng.com/Exploration.asp?LNK=X

What ? translation please 

 
Because they don't give a shit about Igbos. That's why there are more Igbos in the 419 business and more Igbos living in the US. and UK. compared to Hausa and Yoruba combined.

If you disagree, go figure.