francizy:


So these are Igbo names too:
Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman, Abubakar Jubril and Ashiru B. Aliu, with Saleh Jambo as Chairman, R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman, Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, John Brunner and Emmanuel Ojei, Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman, and about hundred more that I couldn't copy and paste here..?

Why are we quick to tribalise everything? Do you have to always take a swipe at the Igbos? Why don't you live and let live. The truth in all these is that there are as much of Yoruba names and Hausa names listed there but you were blinded all thru those names and your eyes and brains could only see and comprehend the Igbo names.

Let us continue in our worthless tribalistic nature and still hope for Nigeria to get better. It will only get worse

I pray God wipes all Nigerians out both home and abroad so that a new Nigeria will be born because our stupidity knows no bound.

Shame on this country and whatever is remaining of it...

Eluwilussit:


I was surprised as well. I have said it before, this is a clique issue. It may favour some people more but that's natural. When they share our wealth, they no dey remember region or religion.

But seriously, this is madness. We need our wealth back. Is there any need for individuals to own the blocks? Someone who knows, please enlighten us.

francizy:


So these are Igbo names too:
Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman, Abubakar Jubril and Ashiru B. Aliu, with Saleh Jambo as Chairman, R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman, Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, John Brunner and Emmanuel Ojei, Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman, and about hundred more that I couldn't copy and paste here..?

Why are we quick to tribalise everything? Do you have to always take a swipe at the Igbos? Why don't you live and let live. The truth in all these is that there are as much of Yoruba names and Hausa names listed there but you were blinded all thru those names and your eyes and brains could only see and comprehend the Igbo names.

Let us continue in our worthless tribalistic nature and still hope for Nigeria to get better. It will only get worse

I pray God wipes all Nigerians out both home and abroad so that a new Nigeria will be born because our stupidity knows no bound.

Shame on this country and whatever is remaining of it...

Ilekeh:


You won't get your wealth back because according to some, the problem is that it's not shared equally amongst thieves from major tribes.

rusher14:
In addition, please find a comprehensive list of oil block owners in Nigeria:

others described as independent marginals produced 102,797bpd.


Indigenous Operators

S/No

Name of Operator

LicenCe

Year of Award

Names of Directors/shareholders

1

Alfred James Petroleum

OPL 302

1991

[size=15pt]Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman
[/size]
2

Soglas Nigeria Limited

OPL 226

1991

Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman

3

NorthEast Petroleum

OPL 215, 840 &902

1991

Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman

4

Optimum Petroleum

OPL 310

1992

R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman

5

Sunlink Petroleum

OPL 238 & OPL 311

1993

[size=15pt]Olaniyi Olumide, Hayford Alile, Samuel Bolarinde,[/size] Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei

6

Express Petroleum

OPL 108 & 227

1995

[size=15pt]Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman[/size]

7

Dubril Oil Co. Nigeria

OPL 96

1987

B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.

8

Amni Int. Petroleum

OPL 112 &117

1998 &1999

E.C Edozien, [size=15pt]Tunde Afolabi with Sanni Bello as Chairman[/size]

9

Atlas Petroleum Int. Nig Ltd

OPL 109

1996

Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman

10

Consolidated Oil

OPL 103, 458, 136

1993, 1998 &2006

[size=15pt]O. Adenuga and Mike Adenuga [/size]as Chairman

11

Oriental Energy Resources

OPL 115

1999

[size=15pt]Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman[/size]

12

Cavendish Petroleum Nig. Ltd

OPL 110

1996

[size=15pt]Gambo Gubio with Mai Deribe as Chairman[/size]

13

Allied Energy Resources Nig. Ltd

OPL 120 & 121

2001

[size=15pt]Mickey Lawal as Director with Kase Lawal as Chairman[/size]

14

Peak Petroleum

OPL 122

2001

[size=15pt]Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman[/size]

15

Summit Oil Nig. Limited

OPL 205 and 206

1990

[size=15pt]L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman[/size]

16

Crownwell Petroleum Ltd

OPL 305 AND 306

1993

[size=15pt]S.K Adejumo with Sair Kuashi as Chairman[/size]

17

Famfa Oil Ltd

OPL 216 (OML 127)

1993

[size=15pt]Folorunso Alakija wit Modupe Alakija as Chairman[/size]

18

MoniPulo

OPL 114, 239, 234, 231

1999, 2008, 2008, 2007

F.A. Agama with O.B. Lulu Briggs as Chairman

19

[size=15pt]Yinka Folawiyo ,S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo [/size]as Chairman

20

Zebbra Energy Limited

OPL 248

2004

S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as Chairman

21

Oil and Gas Limited

OPL 249 and 140

2003, 2006

M.O. I drisu with Reggie Uduhim as Chairman

22

Continental Oil and Gas Limited

OPL 59

1998

Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman

23

Emerald Energy Resources

OML 141

2001

J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri, Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman

24

Oranto Petr. Limited

OPL 320

2002

Arthur Eze as Chairman

25

Dajo Oil Limited

OPL 320

2004

R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman

26

Malabu

OPL 245

Dan Etete as Chairman

27

Orient Energy

OPL 915, 916

N. Nwawka with Emeka Anyaoku as Chairman

28

Sahara Energy Exploration

OPL 284, 228, 332

2005, 2006

Buba Lawal, Cole Tonye, Odunsi Ade as Diectors

29

Enageed Resources Limited

OPL 274

2007

Buba Lawal, Cole Tonye, Odunsi Ade as Diectors

30

Seplat

OPL 4, 38, 41

2010

A.B.C. Orjiako and Austin Avuru

31

Ekcrest E & P Limited

OPL 40

2012

Emeka Offor as Chairman

32

First Hydrocarbon

OPL 26

2011

O.A Azazi as Chairman

33

Neconde

OPL 42

2011

Amesi Azudialu, John Umeh, Nnenna Obijesi

34

Niger Delta Western

OPL 34

2012

[size=15pt]Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore[/size]

35

Transcorp

OPL 281

2011

Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye

36

Starcrest, Cross River Energy & NPDC

OPL 242

2011

Emeka Offor, Chris Garuba

37

Starcrest

OPL 291

Emeka Offor, Gidado Idris, Yzoni Yaw

38

South Atlantic (SAPETRO)

OPL 264 (130)

1998

Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman

39

Oando

OPL 278, 236

2005, 2006

[size=15pt]Magoro, J.A. Tinubu, M.O. Osunsanya, O. Adeyemo, Oba Gbadebo [/size]

40

Ashbert

OPL 325

Albert Esiri, Ifeoma Esiri

41

Oil World

OPL 241

2007

[size=15pt]Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola[/size]

42

Pan Ocean

OPL 98, 275

1976, 2007

[size=15pt]F.A. Fadeyi, M.D. Yuduf, S.D. Adeniyi[/size]

43

Cleanwater Consortium

OPL 289

2007

Arumeni-Ikhide Joseph, Okey Nzenwa, Abu Ibrahim

44

Afren Global Resources

OPL 907, 917

2005, 2008

Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh

45

Centrica/CCC/All Bright Consortium

OPL 276, 283

2005, 2006

Jake Mirica, John Sheers

46

Gas Transmission & Power Ltd

OPL 905

2005

Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda

47

Global Energy Company Limited

OPL 135

2005, 2010

S.A. Onabiyi, M.A. Koshoni, T.T. Anyansho, J.N. Obiago

48

New Nig. Devt. Company

OPL 733,809, 810,722

Northern State governors

49

Tenoil Petroleum Energy Services

OPL 2008

2007

Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola, Nicholas Okoye, with Elumelu as Chairman

Marginal Fields Operators

S/No

Name of Company

Licence

Year of Award

Names of Directors/Shareholders

1

Niger Delta Company

Ogbele (OML 54)

1999

Aret Adams, Uduimo Itsueli, Sammy Olagbaju, David Richard, Udi Ibru and Fatona Layi

2

Prime Petr. Ltd & Suffolk Petr

Asaramaroru (OML 11)

2003

MacPepple Henry, Macpepple Joy, Macpepple Emmanuel, Macpepple Elfrida and Macpepple Victoria

3

Oriental Energy

Owok (OML 67), Ebok

2006, 2007

Alhaji Indimi, Usman Danburran

4

Universal Energy

Stubb Creek Field (OML 13/14

2003

Amana Nkoyo, Mianaekere Nelson, Abubakar Hayatou, Mboho Emmanuel, Ekpo Akpan, Inyang Etim (Akwa Ibom Govt)

5

Eurafric Energy Limited

Dawes Island (OML 54)

2003

Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Eastus

6

Pillar Oil Limited

Umusati/Igbuku (OML 56)

2003

Onosode G.O, Fadahunsi O, Amakiri J., Hassan-Katsina Usman, Tonwe Basife, Obaseki Godwin, Akoyomare Ambrose, Fisher Abayomi, Anaekwena Anthony, Avuru Spencer, Onosode Spencer, Hassan-Babangida

7

Bayelsa Oil Company

Atala (OML 46)

Bayelsa Govt, Brigidi David, Alamieyesheiga Anitonbrapa, Ifimain Ekine, Jonathan Selereipre, Enddeley Francis, Chinwetelu Chris, Willians E.J., Aliyu Abubakar

8

Movideo E&P

Ekeh (OML 88)

Idau Sadiq, Jacobs Kayode, Enahoro Victor, Mohammed Aishatu, Tugger Yusuf, Okwuaive Iyabo, Sadare Raymond

9

Bicta Energy

Ogedeh (OML 90)

Adesemowo G.A, Bashir MM, Onumodu Soye, Akinro C.A, Malberbe T. Unejei T

10

Guarantee Petrr & Owena Oil

Ororo (OML 95)

Rufus Giwa, Ayodele Johnson, Fayose Abiodun, Unuigbe Odion, Omobomi Samuel, Rotimi Luyi, Adefarati Tunde, Duyie Korede, Ojo Segun, Ogedengbe Dele, Aidi Abass, Adegbonmire Wunmi, Amoye Mofisco, Ebiseni Sola, Oladunni Solomon, Agoi-George Segun, Akinruntan F.E, Hassan AlGazali, Eburajolo Victor, S.A. Ajayi

11

Platform Petroleum Limited

Egboma (OML 38)

Edmund Daukoru, Avuru Austin, Amachi Moshe, Adegoke Oluwafeyisola, Addo-Bayero Nasir, Ewendu Chidi

12

Sogenal Ltd

Akepo (OML 90)

Funso Lawal, Joda Abubakar, Harriman Hope, Odu Bunmi, Edohoeket Samuel, Yahaya Mohammed, Dada Nicholas, Yellowe Kenneth

13

Chorus Energy

Amoji (OML 56)

Akerele Chris, Mamman Samaila, Ihetu G.S. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba

14

Millennium Oil and Gas

Oza (OML 11)

Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk

15

Brittania U-Nigeria

Ajapa (OML 90)

Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O

16

Network E & P

Qua Iboe (OML 13)

Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi

17

Waltersmith Petroman & Morris Petr.

Ibigwe (OML 16)

Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius

18

Midwestern Oil & Gas & Suntrust Oil

Umsadege (OML 56 )

Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah

19

Independent Energy Limited

Ofa (OML 30)

Ikelionwu Emeka, Ohunmwangho Steve, Yar'Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma

20

Del Sigma

KE (OML 55)

Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru

21

Associated Oil & Dansaki Petroleum

Tom Shot Bank (OML 14)

Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina

22

Frontier Oil Limited

Uquo (OML 13)

Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu

23

Energia Limited & Oando Prod. Devt Ltd

Ebendo/Obodeti (OML 56)

Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando

24

Goland Petroleum Devt. Company

Oriri (OML 88)

Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi

25

Excel Exploration & Production

Eremor (OML 46)

Abiodun Awosika as shareholder

26

Sahara Energy & African Oil Ltd.

Tsekelewu (OML 40)

Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bently John, Ciroma Musa, Odili Obi F., Du-Frayer

27

Green Energy International Ltd

Otakikpo

A.A. Olojede as shareholder

28

All Grace Energy

Ubima (OML 46)

Adeola Adenikinju, Sola Alabi

http://www.thisdaylive.com/articles/real-ownership-of-indigenous-oil-blocks-revealed/142113/

Mrchippychappy:


THIEVES AND GENERATION OF VIPERS!!! THEY HAVE NO RESOURCES AND YET THEY WOULDN'T LEAVE THE RESOURCES OF THE SOUTH SOUTH ALONE. THEY WANT TO CHOP OIL MONEY BUT THEY DON'T RESPECT OR APPRECIATE THE PEOPLE FROM THAT ZONE !

PassingShot:
When are we going to start taking back all these oil blocks?

Mrchippychappy:


THIEVES AND GENERATION OF VIPERS!!! THEY HAVE NO RESOURCES AND YET THEY WOULDN'T LEAVE THE RESOURCES OF THE SOUTH SOUTH ALONE. THEY WANT TO CHOP OIL MONEY BUT THEY DON'T RESPECT OR APPRECIATE THE PEOPLE FROM THAT ZONE !

nke001:
And this is y they want to get into power by all means just to retain the people' resources come 2017.

We are watching.

rusher14:


[b]No need to bring bigotry into business.

Kase Lawal for instance owned oil blocks in the US before extending his tentacles to his country of origin.

There are equally people from the Niger Delta who've ventured into the business such as Avuru, Briggs who you fail to mention.

I also see that names like Offor you failed to highlight for whatever reason you deem necessary.

I'm equally from the Niger Delta and I think we tend to overhype oil.

Yes, many have become stupendously rich from this venture but you should also realise not all are making a killing.

Oil isn't the only source of revenue for individuals, companies or nations.

IT brings in more income for instance than you can even imagine if in doubt look at how much Apple makes compared to our country.

Many of the oil blocks you see hardly produce enough to offset the initial costs.

I can never begrudge anyone who's followed due process in acquiring an oilfield or wealth in any form.

I think we all should do the same.[/b]

olalerujb:
My heart bleed as I read the write up by Rev. Obinna, God bless you sir for this revelations. Wickedness of the highest level. Dont know why some people are head bent in inflicting pains on humanity. The people at the corridor of power use everything to oppress Nigerians. They enslave and hold everybody captive in a country blessed with numerous natural resources. No feelings, no plan, no conscience by these lucifer called leaders. The pains on the land will continues untill every citizen of this country cry to Almighty God in one accord for liberation. We play to their hands always because they have divided us along religion, ethnic, cultural, and social lines. POVERTY everywhere in the midst of abundant resources. My prayer is that the Judgement of God should come upon everyones that has cause Nigerians pain.

whirlwind7:


JESU!!!

I just lost every appetite I had before reading this piece.

How I wish I had the power of the devil right now. We don suffer for dis country!

DrPrickson:
Its terrible making me to read this. ... Millions don't even have up to 1k in their wallet or bank account while a few are racking in million of dollars per day, on top of our common wealth.
Its even more painful for the people of niger delta. We r the ones to suffer the effect of oil explorations, and all the tragedies that comes with the oil, but we have nothing to show for our pain.
People from far away lands are feeding fat from the resources under our legs but here we are starving.
They say our son is not good enough to govern. They want to return to power in order to continue raping our resources. But this time, they have failed.
God must surely punish all those behind these corrupt allocations of oil blocs , especially OBJ.

Btw #AmaechiIsAToad.

OgologoDimkpa:
Chai!
Little wonder Thie!fnubu is pushing Bukohari so as to acquire his own oil wealth.
Never?
Infact , let every region manage it's own resources.
Enough of all these deception in the name of one Nigeria.

GEJ till 2019!!!

Orikinla:
30 Facts about Owners of Nigeria’s Richest Oil Blocks in the Midst of National Poverty

~ By Rev. Obinna Akukwe

The richest oil blocks in Nigeria is owned by few dozens of persons while half of 160 million Nigerians live below S1 dollar daily. This injustice and wickedness must be corrected by whosoever wins the elections - whether Buhari, Jonathan, Interim Government, Boko Haram or civilian revolution. When I wrote the report titled ‘How Babangida, Abacha, Abdulsalami, Obasanjo Shared Nigeria’s Oil Blocks’ in April 2012, which was later rephrased as ‘20 Owners of Richest Oil Blocks in Nigeria ’ I had thought that the uproar and public condemnation that followed the report both nationally and internationally will precipitate an administrative investigation into the manner of the awards to sift the transparent deals which passed due diligence from those awarded after some bedroom performances. It is unfortunate that President Jonathan failed to revoke these illegal licenses to few criminals during his first tenure. Instead some more blocks and contracts were given another set of criminals under his watch. Had he taken such actions, the fear of defeat in the pols would have been non-existent because Nigerians from all tribes and faith enslaved by this bondage would have risen in his defense. It is not yet late for Jonathan, Buhari, Interim Government or even Boko Haram which soever succeeds in May 29th to revisit the disturbing sharing of Nigeria’s Oil Blocks to a few persons without recourse to transparency and put it back into the hands of the people.Those who proved they obtained theirs transparently should not be victimized under any circumstances.


Below again are the 30 Facts about the Fraudulent Sharing of Nigeria’s Oil Blocks and those involved

(1)The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures.

(2)The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts. These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians.

(3) Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency. The nation loses billions of dollars in diverted revenue whenever any round of auction occurs.

Some of these oil field has the capacity of between 300,000 -500,000 barrels of oil daily.

(4) OML 110 OBE given by Sanni Abacha in 1996 to Alhaji Mai Daribe under Cavendish Petroleum had estimated over 500 million barrels of oil. In layman’s language and using average benchmark of
$100 dollars per barrel, translates to $50 billion dollars’ worth of oil reserve. This means that $20billion dollars’ worth of oil in the hands of a family or $170 million dollars’ worth of oil daily.

(5) OPL 246 was awarded to SAPETRO, a company owned by General Theophilus Danjuma, by Sanni Abacha in 1998. Akpo condensate exports about 300,000 barrels of crude daily.

(6) OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an in-law to Abdulsalami Abubakar, former Head of State of Nigeria.
(7) OML 115, OLDWOK Field and EBOK field was awarded to Alhaji Mohammed Indimi from Niger State. Indimi is an inlaw to former Military President Ibrahim Babangida.

( OML 215 is operated by Nor East Petroleum Limited owned by Alhaji Saleh Mohammed Gambo.

(9) OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata. Obasanjo , with the help of Andy Uba, awarded OPL 2008 to Tenoil Petroleum & Oil Services owned by Tony Elumelu and Jim Ovia
(10) OPL 2009 and 2010 were awarded to Global Energy Group owned by Chief Suleiman Onabiyi and Joseph Obiago . That is why a lot of major players in the oil industry owes Obasanjo and Andy Uba a lot.

(11) OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo. Asuopku/Umuntu ( Egbema marginal oil fields) was awarded to Platform Petroleum in 2003 by Obasanjo.
(12) In 2010 Platform Petroleum (owned by Edmund Daukoru,a Bayelsa prince and Lulu Briggs among others) and Seplat ( owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi) teamed up in landmark partnership to manage the venture.

(13) Intel owned by Atiku, Yar’adua and Ado Bayero has substantial stakes in Nigeria’s oil exploration industry both in Nigeria and Principe and Sao Tome. AMNI owns two oil blocks OML 112 and OML 117 which it runs Afren plc and Vitol has substantial stakes in oil blocks.

(14) OML 112 is estimated to have 130 million barrels of oil valued with the current price of $100 dollars per barrel at S13 billion dollars with 25 year lease.

(15) Afren plc is operating EBOK oil fields in OML 67. Vitol lifts 300,000 barrels of Nigerian oil daily. Rilwanu Lukman, former OPEC Chairman has stakes in all these named three companies.

(16) OPL 245 was awarded to Malabu Oil& Gas Company by Sanni Abacha. Dan Etete, Abacha’s oil minister owns Malabu Oil. In 2000, Vice President Atiku Abubakar convinced Obasanjo to revoke OPL 245 given to Malabu Oil. Etete had earlier rejected Atiku’s demand for substantial stakes in the high yield

(17) OPL 245 and it attracted the venom of Ota Majesty who revoked the licence. However, in 2006, Obasanjo had mercy on Dan Etete and gave him back his oil block worth over $20billion dollars.

(18) OPL 289 and OPL 233 was awarded during Obasanjo era to Peter Odili fronts, Cleanwater Consortium, consisting of Clenwater Refinery and RivGas Petroleum and Gas Company. Odili’s brother in law, Okey Ezenwa manages the consortium as Vice Chairman.

(19) OPL 286 is managed by Focus Energy in partnership with BG Group, a British oil concern. Andy Uba has stakes in Focus Energy and his modus operandi is such that you can never see his name in any listings yet he controls OPL and OML through proxies.

(20) OPL 291 was awarded to Starcrest Energy Nigeria Limited, owned by Emeka Offor by Obasanjo . Immediately after the award, Starcrest sold the oil block to Addax Petroleum Development Company Limited (ADDAX) Addax paid Sir Emeka Offor a farming fee of $35million dollars and still paid the signature bonus to the government. Emeka Offor still retains stake in ADDAX operations in Nigeria.

(21) Mike Adenuga’s Conoil is the oldest indigenous oil exploration industry in Nigeria. Conoil has six oil blocks and exports above 200,000 barrels of crude daily.

(22) The oil block national cake sharing fiesta could take twists according to the mood of the Commander-in “Chief at the particular time. In 2006, Obasanjo revoked OPL 246 which Abacha gave to Danjuma because he refused to support the tenure elongation bid of the Ota Majesty.

(23) In 2000, Obasanjo had earlier revoked OPL 241 given to Dan Etete under the advice Atiku. However, when the Obasanjo-Atiku face off started, the Ota Majesty made a u-turn and handed back the oil block to Etete.

(24) During the time of Late President Yar’adua , a panel headed by Olusegun Ogunjana was set up to investigate the level of transparency in the award of oil blocks. The panel recommended that 25 oil blocks awarded by the Obasanjo be revoked because the manner they were obtained failed to meet the best practices in the industry. Sadiq Mahmood, permanent secretary in the Ministry of Petroleum endorsed the report to then president with all its recommendations. As a result of the report Yarádua revoked eleven oil blocks.

(25) In April 2011 Mike Adenuga attempted to buy Shell’s OML 30 for $1.2 billion dollars. The Minister for Petroleum and Nigeria’s most powerful woman refused the sale of the OML30 to Adenuga citing national interest. This block was sold to Heritage Oil for $800 million dollars eleven months later.

(26) This oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars.

(27) This business is second to none in Nigeria. That is why any attempt to investigate the activities in this sector will always be futile. The money is so much that they give bribes in millions of dollars. A birthday gift or child naming gift from an oil block owner to a government official could be as paltry as $2million dollars, and if the official’s father died, the condolence gift could reach mere $3 million dollars. When they want to bribe legislators, it is in millions of dollars and any ongoing investigation ends within weeks. They are so confident that with excess money they can buy up Nigeria and they are succeeding.

(28) In the name of competitive bidding, which Obasanjo introduced in 2005, officials bring companies overnight and through processes best described as secretive and voodooist, awards blocks to party faithful, fronts and phoney companies. They collect gratifications running into hundreds of millions of dollars which is paid into offshore account and the nation loses billions of dollars of revenue to private pockets.

(29) During the third term agenda, Obasanjo was deceived that the allocation of oil block to party faithfuls is to fund the third term agenda. With the failure of the third term, the beneficiaries went home with their fortunes and thanked God or Allah for buttering their bread. Senator Andy Uba coordinated the award of the last rounds of oil blocks by Obasanjo in 2005 and 2007. The then minister of petroleum, Edwin Daukoru was a mere errand boy who took instructions from the presidential aide.

(30) The regime of President Goodluck is not showing any signs of changing the status quo. Controversies have trailed the activities of the Minister of Petroleum, Diezani Madueke and many players in the Industry accuse her of demanding stakes from every oil deal. Diezani Madueke had also soiled herself in different oil deals and also awarded oil contracts to fictitious companies.


It is hoped that President Goodluck Jonathan will remember his transformational promise to Nigerians and endeavor to face the hawks in the oil industry. The angst in the air is so much that if this monster of illegal allocation of oil block is not addressed, the much touted revolution could begin all of a sudden and all who condoned this illegality at the expense of hungry Nigerians may have nowhere to hide.

The religious leaders should tell these oil block beneficiaries, awarders, fronts, brokers and all involved in short changing the Nigerian people to find means or returning all these back to the Nigerian people, through massive development projects. They should curtail their constant visits to Mecca, Medina and Jerusalem for prayers and attend to the poverty they spread in the land. They should build affordable secondary schools, universities, specialist hospitals, roads, silos, etc for the Nigerian people. They should fund talent development programmes and sponsor activities capable of alleviating poverty. The voice of impoverished Nigerians is crying daily and if care is not taken the God who delivered Nigeria from Abacha dark days will visit them with calamities untold.

With the rot in this oil block awarding system and other loot all over the Nigerian nation, something worse than revolution may happen. (This article was first published in April 2012)

**********
Obinna Akukwe is the Director General, Igbo Mandate Congress (IMC)
profetobinna2@yahoo.com....@ObinnaAkukwe....facebook.com/pages/Obinna Akukwe



http://www.informationng.com/2015/02/opinion-30-facts-about-owners-of-nigerias-richest-oil-blocks-in-the-midst-of-national-poverty-by-obinna-akukwe.html

rhames:



An upon all these estimates, which of these companies owned by the Nigerian elites has built a refinery in the country? What a shame?

Ilekeh:


So the problem is that there are more Yorubas and Hausas than Ibos sharing Nigerian oil?

Lol if that's the problem you have with it, then case closed. You're not ready for a new Nigeria.

All I'm saying it, Ibos also steal from "our oyel".

modestbrowser:
Very long.

Its just long and boring.

So boring its not interesting.

Orikinla:
30 Facts about Owners of Nigeria’s Richest Oil Blocks in the Midst of National Poverty

~ By Rev. Obinna Akukwe

The richest oil blocks in Nigeria is owned by few dozens of persons while half of 160 million Nigerians live below S1 dollar daily. This injustice and wickedness must be corrected by whosoever wins the elections - whether Buhari, Jonathan, Interim Government, Boko Haram or civilian revolution. When I wrote the report titled ‘How Babangida, Abacha, Abdulsalami, Obasanjo Shared Nigeria’s Oil Blocks’ in April 2012, which was later rephrased as ‘20 Owners of Richest Oil Blocks in Nigeria ’ I had thought that the uproar and public condemnation that followed the report both nationally and internationally will precipitate an administrative investigation into the manner of the awards to sift the transparent deals which passed due diligence from those awarded after some bedroom performances. It is unfortunate that President Jonathan failed to revoke these illegal licenses to few criminals during his first tenure. Instead some more blocks and contracts were given another set of criminals under his watch. Had he taken such actions, the fear of defeat in the pols would have been non-existent because Nigerians from all tribes and faith enslaved by this bondage would have risen in his defense. It is not yet late for Jonathan, Buhari, Interim Government or even Boko Haram which soever succeeds in May 29th to revisit the disturbing sharing of Nigeria’s Oil Blocks to a few persons without recourse to transparency and put it back into the hands of the people.Those who proved they obtained theirs transparently should not be victimized under any circumstances.


Below again are the 30 Facts about the Fraudulent Sharing of Nigeria’s Oil Blocks and those involved

(1)The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures.

(2)The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts. These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians.

(3) Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency. The nation loses billions of dollars in diverted revenue whenever any round of auction occurs.

Some of these oil field has the capacity of between 300,000 -500,000 barrels of oil daily.

(4) OML 110 OBE given by Sanni Abacha in 1996 to Alhaji Mai Daribe under Cavendish Petroleum had estimated over 500 million barrels of oil. In layman’s language and using average benchmark of
$100 dollars per barrel, translates to $50 billion dollars’ worth of oil reserve. This means that $20billion dollars’ worth of oil in the hands of a family or $170 million dollars’ worth of oil daily.

(5) OPL 246 was awarded to SAPETRO, a company owned by General Theophilus Danjuma, by Sanni Abacha in 1998. Akpo condensate exports about 300,000 barrels of crude daily.

(6) OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an in-law to Abdulsalami Abubakar, former Head of State of Nigeria.
(7) OML 115, OLDWOK Field and EBOK field was awarded to Alhaji Mohammed Indimi from Niger State. Indimi is an inlaw to former Military President Ibrahim Babangida.

( OML 215 is operated by Nor East Petroleum Limited owned by Alhaji Saleh Mohammed Gambo.

(9) OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata. Obasanjo , with the help of Andy Uba, awarded OPL 2008 to Tenoil Petroleum & Oil Services owned by Tony Elumelu and Jim Ovia
(10) OPL 2009 and 2010 were awarded to Global Energy Group owned by Chief Suleiman Onabiyi and Joseph Obiago . That is why a lot of major players in the oil industry owes Obasanjo and Andy Uba a lot.

(11) OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo. Asuopku/Umuntu ( Egbema marginal oil fields) was awarded to Platform Petroleum in 2003 by Obasanjo.
(12) In 2010 Platform Petroleum (owned by Edmund Daukoru,a Bayelsa prince and Lulu Briggs among others) and Seplat ( owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi) teamed up in landmark partnership to manage the venture.

(13) Intel owned by Atiku, Yar’adua and Ado Bayero has substantial stakes in Nigeria’s oil exploration industry both in Nigeria and Principe and Sao Tome. AMNI owns two oil blocks OML 112 and OML 117 which it runs Afren plc and Vitol has substantial stakes in oil blocks.

(14) OML 112 is estimated to have 130 million barrels of oil valued with the current price of $100 dollars per barrel at S13 billion dollars with 25 year lease.

(15) Afren plc is operating EBOK oil fields in OML 67. Vitol lifts 300,000 barrels of Nigerian oil daily. Rilwanu Lukman, former OPEC Chairman has stakes in all these named three companies.

(16) OPL 245 was awarded to Malabu Oil& Gas Company by Sanni Abacha. Dan Etete, Abacha’s oil minister owns Malabu Oil. In 2000, Vice President Atiku Abubakar convinced Obasanjo to revoke OPL 245 given to Malabu Oil. Etete had earlier rejected Atiku’s demand for substantial stakes in the high yield

(17) OPL 245 and it attracted the venom of Ota Majesty who revoked the licence. However, in 2006, Obasanjo had mercy on Dan Etete and gave him back his oil block worth over $20billion dollars.

(18) OPL 289 and OPL 233 was awarded during Obasanjo era to Peter Odili fronts, Cleanwater Consortium, consisting of Clenwater Refinery and RivGas Petroleum and Gas Company. Odili’s brother in law, Okey Ezenwa manages the consortium as Vice Chairman.

(19) OPL 286 is managed by Focus Energy in partnership with BG Group, a British oil concern. Andy Uba has stakes in Focus Energy and his modus operandi is such that you can never see his name in any listings yet he controls OPL and OML through proxies.

(20) OPL 291 was awarded to Starcrest Energy Nigeria Limited, owned by Emeka Offor by Obasanjo . Immediately after the award, Starcrest sold the oil block to Addax Petroleum Development Company Limited (ADDAX) Addax paid Sir Emeka Offor a farming fee of $35million dollars and still paid the signature bonus to the government. Emeka Offor still retains stake in ADDAX operations in Nigeria.

(21) Mike Adenuga’s Conoil is the oldest indigenous oil exploration industry in Nigeria. Conoil has six oil blocks and exports above 200,000 barrels of crude daily.

(22) The oil block national cake sharing fiesta could take twists according to the mood of the Commander-in “Chief at the particular time. In 2006, Obasanjo revoked OPL 246 which Abacha gave to Danjuma because he refused to support the tenure elongation bid of the Ota Majesty.

(23) In 2000, Obasanjo had earlier revoked OPL 241 given to Dan Etete under the advice Atiku. However, when the Obasanjo-Atiku face off started, the Ota Majesty made a u-turn and handed back the oil block to Etete.

(24) During the time of Late President Yar’adua , a panel headed by Olusegun Ogunjana was set up to investigate the level of transparency in the award of oil blocks. The panel recommended that 25 oil blocks awarded by the Obasanjo be revoked because the manner they were obtained failed to meet the best practices in the industry. Sadiq Mahmood, permanent secretary in the Ministry of Petroleum endorsed the report to then president with all its recommendations. As a result of the report Yarádua revoked eleven oil blocks.

(25) In April 2011 Mike Adenuga attempted to buy Shell’s OML 30 for $1.2 billion dollars. The Minister for Petroleum and Nigeria’s most powerful woman refused the sale of the OML30 to Adenuga citing national interest. This block was sold to Heritage Oil for $800 million dollars eleven months later.

(26) This oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars.

(27) This business is second to none in Nigeria. That is why any attempt to investigate the activities in this sector will always be futile. The money is so much that they give bribes in millions of dollars. A birthday gift or child naming gift from an oil block owner to a government official could be as paltry as $2million dollars, and if the official’s father died, the condolence gift could reach mere $3 million dollars. When they want to bribe legislators, it is in millions of dollars and any ongoing investigation ends within weeks. They are so confident that with excess money they can buy up Nigeria and they are succeeding.

(28) In the name of competitive bidding, which Obasanjo introduced in 2005, officials bring companies overnight and through processes best described as secretive and voodooist, awards blocks to party faithful, fronts and phoney companies. They collect gratifications running into hundreds of millions of dollars which is paid into offshore account and the nation loses billions of dollars of revenue to private pockets.

(29) During the third term agenda, Obasanjo was deceived that the allocation of oil block to party faithfuls is to fund the third term agenda. With the failure of the third term, the beneficiaries went home with their fortunes and thanked God or Allah for buttering their bread. Senator Andy Uba coordinated the award of the last rounds of oil blocks by Obasanjo in 2005 and 2007. The then minister of petroleum, Edwin Daukoru was a mere errand boy who took instructions from the presidential aide.

(30) The regime of President Goodluck is not showing any signs of changing the status quo. Controversies have trailed the activities of the Minister of Petroleum, Diezani Madueke and many players in the Industry accuse her of demanding stakes from every oil deal. Diezani Madueke had also soiled herself in different oil deals and also awarded oil contracts to fictitious companies.


It is hoped that President Goodluck Jonathan will remember his transformational promise to Nigerians and endeavor to face the hawks in the oil industry. The angst in the air is so much that if this monster of illegal allocation of oil block is not addressed, the much touted revolution could begin all of a sudden and all who condoned this illegality at the expense of hungry Nigerians may have nowhere to hide.

The religious leaders should tell these oil block beneficiaries, awarders, fronts, brokers and all involved in short changing the Nigerian people to find means or returning all these back to the Nigerian people, through massive development projects. They should curtail their constant visits to Mecca, Medina and Jerusalem for prayers and attend to the poverty they spread in the land. They should build affordable secondary schools, universities, specialist hospitals, roads, silos, etc for the Nigerian people. They should fund talent development programmes and sponsor activities capable of alleviating poverty. The voice of impoverished Nigerians is crying daily and if care is not taken the God who delivered Nigeria from Abacha dark days will visit them with calamities untold.

With the rot in this oil block awarding system and other loot all over the Nigerian nation, something worse than revolution may happen. (This article was first published in April 2012)

**********
Obinna Akukwe is the Director General, Igbo Mandate Congress (IMC)
profetobinna2@yahoo.com....@ObinnaAkukwe....facebook.com/pages/Obinna Akukwe



http://www.informationng.com/2015/02/opinion-30-facts-about-owners-of-nigerias-richest-oil-blocks-in-the-midst-of-national-poverty-by-obinna-akukwe.html

fkaz:
Obinna Akukwe is the Director General, Igbo Mandate Congress (IMC)

What is the interest of Igbo mandate congress in all this write up?

VirginFinder:
This issue has been overflogged and is laced with a lot half-truths, outright falsehood and crass ignorance.


A professional in the industry made a thorough analysis of this issue sometime in 2013.

OPL means Oil Prospecting Licence. At that stage no one makes a dime, you have only been allowed to explore the land for oil deposits. And you even pay for the licence.

OML means Oil Mining Licence.
However, not all the oil fields are profitable.

In all, only 4 indigenous companies are doing so well in the upstream oil sector where this oil field issue belongs - Adenuga's, Alakija's, Danjuma's and Seplat.

I couldnt find Dangote's name in any of the lists, yet he is richer than all of them.

If the oil fields are so profitable to the tune of billions of dollars, why are most of the beneficiaries not on Forbes' list?

Nonsense!