Petroleum Minister, Allison-Madueke Defends Ceding Of NNPC’s USD15.72Trillion Oil Blocs To Her Company…Says Deal Not Covered By Public Procurement Act

[img]http://ireports-ng.com/wp-content/themes/goodnews47/framework/scripts/timthumb.php?src=http://ireports-ng.com/wp-content/uploads/2012/09/Diezani-Alison-Madueke.jpeg&h=275&w=599&zc=1[/img]

Defiant Nigerian Petroleum Minister, Diezani Allison-Madueke has defended her decision to transfer the ownership of four oil blocs owned by the federal government through the Nigerian Petroleum Development Company Limited to a company owned by her and run by Mr. Jide Omokore, Atlantic Energy Drilling Concept. The oil blocs are valued at over USD$15.72 trillion.

The minister’s defence of the flagrant looting of the nation’s commonwealth is coming barely 24 hours after a group of anti-corruption civil society groups petitioned the country’s now crippled anti-graft police, the EFCC to probe allegations bordering on the dubious secret transfer of the oil blocs. The NGOs petition was based on the action of a group of Delta state indigenes under the aegis of Restoration Niger Delta which had in a petition to the National Assembly accused the oil minister of secretly ceding the oil blocs to her company managed by Omokore.

Sensing that the issues will not be buried easily like her previous deals, iReports-ng.com gathered that the oil minister ordered her errand boy, who is the Group Managing Director GMD of NNPC, Engr. Andrew Yakubu to defend the deal. As a result, the GMD in a letter written and dated 30th April, 2013 to Senate Committees on Upstream and Downstream flayed the groups for raising allegations of impropriety against the Almighty Minister.

Inside sources in NNPC who are angry with what the minister has turned the organisation to told iReports-ng.com that already a whooping N5o million has been dished out to about five national newspapers in Nigeria to give the minister’s defence of the deal prominence in their papers tomorrow, Thursday May 2. ” I can tell you that the letter which is yet to get to the two Senate Committees we addressed it to has been leaked to some five newspaper editors in Abuja today so that they can help us put the story on the front pages of their newspapers tomorrow”, one of our reliable sources in NNPC disclosed.

iReports-ng.com gathered that a number of newspaper editors and publishers have been highly compromised by the oil minister and as a result, any negative report against the minister, her ministry or agencies under her is forbidden in their newspapers. Some recalcitrant reporters and editors were said to have either lost their jobs or gotten queries on account of this standing order.

In her letter of defence to the Senate Committees obtained by iReports-ng.com from a top official in NNPC, the minister said “We are very mindful of the objectives of the Bureau for Public Procurement and the scope of application of the Public Procurement Act and we wish to state that the Strategic Alliance Agreement entered into with the Atlantic Energy Drilling Concept Limited does not fall within the purview of the Public Procurement Act.”

Still defending the multi-trillion dollars oil deal, Allison-Madueke said “On the Petitioners allegation that the Strategic Alliance Agreement violates the Oil Industry guidelines, obfuscated as the allegation is, it is instructive to note that this transaction was not a bid process for the allocation of oil blocks. Therefore, the oil industry guidelines were not violated. In fact, the Agreement is in furtherance of the Federal Government’s objective of funding cash call obligations from alternative sources such as service contracts, Production Sharing Contracts and Alternative Funding arrangements as currently being practiced in the traditional Joint Venture operations.”

Our source further disclosed that the heavily paid for reports “will most likely dominate some of our national newspapers tomorrow and as we speak i can even tell you that we have some of the headlines some of the papers will use tomorrow in their papers, it’s that bad.” The letter signed by Andrew Yakubu with the title “RE: THE UNSPEAKBLY FRAUDULENT ALLOCATION OF NATIONAL PETROLEUM ASSETS TO MR JIDE OMOKORE AND MR KOLAWOLE ALUKO BY THE INCUMBENT HONOURABLE MINISTER OF PETROLEUM”,
is reproduced below:

Read More

A sick finger of a leprous hand.

....and Sickcere 9gerian created a stewpid thread asking nairalanders what are the sins of Jonathan? This country is doomed!

Factless, Tactless fabrications of Cataclysmic Propensity. Only a F00l can fall for this crap! "Our sources", "inside SOurces" "reporter who refused to be named" bla bla bla

50 million dished out just like that....Kai Nigeria! Money!Money!Money!

My unborn children wouldn't be happy with me if I don't partake of these huge funds. Ego ndi a na ekesasi di much.

This woman is stealing $15trn at once? OMG! That's America's budget for 3 years.

this woman is a rogue

Can this be true?

Won't they pay Seun to remove it from front page? Just asking.

Yu peeps shud leave her alone. She's done nothing wrong. 5th getting close

how we wan take belive now say na truth........ media no go kill person well if na true she is on her own bc he that hold fuel should not light Ciga

blink182: This woman is stealing $15trn at once? OMG! That's America's budget for 3 years.

If you believe that, then you can believe that pigs fly. Its pure unintelligent fabrications from armchair critics.

If this story is true, then we are heading for doom as a nation

i doubt the authenticity of this report.

The last opportunity Nigeria had was June 12,1993.Unfortunately Mko Abiola and many democracy defenders paid with their lives,since then I knew Nigeria is no more country.If you doubt me trace our place today back to June12,1993.
I can tell you that the present Nigeria is nothing but carcass.

Well opportunity d say kumz bt once.....wish I gat d handz I won't mind playin d swt game of politics...God plz snd me nd ma lyks a political godfather 2 groom us 4 d future

And this issue may never be probed!

It simply cannot be true.

do not expect anything good come from dis govt of cabals, by d cabals n 4 d cabal

LIES! LIES!! LIES!!! [size=15pt]FROM THE PIT OF HELL!!![/size]

Tolexander: And this issue may never be probed!

by her boyfriend, Jona? c''mon u talk as if u dont know the country called Nigeria

GEJ is still the best President Nigeria has ever had... 83% of our oil wells are controled by the Northerners and it remained secret for Years, untill last two Months it was revealed. But under GEJ noting is secret... May God bless GEJ for being these open.

sauceEEP: i doubt the authenticity of this report.

tell us u are being paid to do this

Akpan107: GEJ is still the best President Nigeria has ever had... 83% of our oil wells are controled by the Northerners and it remained secret for Years, untill last two Months it was revealed. But under GEJ noting is secret... May God bless GEJ for being these open.

SMH

Billyonaire: If you believe that, then you can believe that pigs fly. Its pure unintelligent fabrications from armchair critics.

I do believe but I don't believe pigs can fly, this woman has presidential backing and is getting bolder by the day. All she did was to transfer OML documents. Its not like this money is in the bank unless she decides to sell to chevron or whoever can afford it. I must salute Ayiri Emami for exposing this. 2015 will be far harder than 2011 and they have started hoarding the money to buy up internal opposition.

God save us.

Government should better relieve this woman of her position.

Too much negative news from her... Its monotonous...

CAN THIS TRUTH BE TRUE?

Whether we like it or not, the vicious looting circle cant be broken. On that note, let the government just give the masses SOCIAL SECURITY so we can somehow benefit frm this 'oyel' money.