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Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m - Politics - Nairaland

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Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by AnonPoet: 8:29pm On Apr 26
The last may have not been heard about the mega fraud concerning four Oil Mining Leases formerly operated by the Addax Petroleum Nigeria Limited, which are being plotted to be diverted to proxy firms linked to the Minister of State for Petroleum Resources, Timipre Sylva, and President Muhammadu Buhari’s nephew, Mamman Daura.

SaharaReporters learnt that Sylva has set up a kangaroo committee of the Nigerian National Petroleum Corporation headed by Senator Magnus Abe to look into the four leases – OMLs 123, 124, 126 and 137 – which were all operated by Addax Petroleum Development Nigeria Limited but which were being plotted to be given to Kaztec Engineering Limited/Salvic Petroleum Resources Limited.


Kaztec is owned by Emeka Offor – a strong ally and crony of Sylva and Daura also.

SaharaReporters gathered on Monday that the minister of state would receive the Magnus Abe report and thereafter recommend to the Nigerian government to implement the recommendations which would favour Emeka Offor and his firm, and sidestep Addax, the original handlers of the OMLs.

“On May 30, the Federal Government reconstituted the NNPC Board. Emeka Offor nominated Senator Magnus Abe to represent South-South and also he nominated his cousin, Dr Stephen Dike, to represent South-East. He facilitated the appointment through Mamman Daura and also through the Minister of State for Petroleum, Timipre Sylva. He has sufficiently gagged and caged the NNPC and Ministry of Petroleum.

“He has adequately taken care of Mamman Daura. lt is an anathema and highest fraud and corruption of the century that they want to defraud the Nigerian people of $650 million via Kaztec for a contract awarded to Addax, which was never awarded to Kaztec.

“Now that Sylva has set up and received the kangaroo report of Sen Magnus Abe’s committee, the next plan is that the Ministry of Petroleum via Sylva and his accomplices will now recommend to the Federal Government to implement. Then, Emeka Offor, via his company, Kaztec, will now go to court to force the Federal Government to implement,” a top source explained.

On April 6, SaharaReporters exclusively reported that the leases – OMLs 123, 124, 126 and 137 – all operated by Addax Petroleum Development Nigeria Limited – had been taken away and awarded to Kaztec Engineering Limited/Salvic Petroleum Resources Limited.

The decision to hurriedly sell the OMLs had been conveyed in a letter signed by the Director of the Department of Petroleum Resources, the industry’s regulatory agency.

However, on April 23, President Muhammadu Buhari approved the restoration of the leases on four OMLs to the NNPC and its partner – Addax.

In a statement on Friday, Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said the President had directed the DPR to retract the letter of revocation of the leases to Kaztec Engineering Limited/Salvic Petroleum Resources Limited.

A source in the presidency, however, told SaharaReporters that three top people in the oil sector met Buhari and explained how Sylvia and Sarki deceived him.

“In line with the current administration’s commitment to the rule of law, fairness and enabling a stable business climate for investment, President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the Nigeria National Petroleum Corporation, which is in production sharing contract with Addax Petroleum, a company wholly owned by Government of the People’s Republic of China on the blocks. The leases belonging to the Federation were revoked on March 30, 2021,” a statement signed on behalf of the President by Shehu read.
http://saharareporters.com/2021/04/26/exposed-petroleum-minister-cronies-plot-kangaroo-nnpc-report-divert-650million-oil

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by OmovuduTheBeast(f): 8:40pm On Apr 26
Shameless peanuts monthly collectors will still defend corruption and incompetency

25 Likes 2 Shares

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by AmgrayLogistics: 8:41pm On Apr 26
There's money in this country





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5 Likes

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by visijo(m): 8:41pm On Apr 26
You de fast and you de do yahoo
Shey you de whine Mohammed ni

35 Likes 5 Shares

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Promoter2: 8:41pm On Apr 26
Its finished

3 Likes

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Karlovych: 8:41pm On Apr 26
grin grin Our Mr integrity president is working

7 Likes 1 Share

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by AGNESikpuNNU(f): 8:41pm On Apr 26
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Kingnonny(m): 8:41pm On Apr 26
Odima, jisie ike
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by FeliciaOja(f): 8:41pm On Apr 26
Naw
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by lonecatt(m): 8:41pm On Apr 26
They don't care
Everyone is grabbing what he can lay his hands on.

Efcc and Icpc will just be deceiving themselves by making media noise
Kwaruption fighter indeed

14 Likes 1 Share

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by boselarry: 8:41pm On Apr 26
May God help us
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by blinking001(m): 8:41pm On Apr 26
This news isn't correct. It's fake. Sahara reporters need to stop spreading propaganda.

2 Likes 1 Share

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by MansoryMX(m): 8:41pm On Apr 26
Those of you who brought this set of people into our love will know no peace!

7 Likes 2 Shares

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by aaa14bd1083: 8:41pm On Apr 26
ESN won't fight this one's wooo , na to the burn government house grin
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Prinnce1: 8:41pm On Apr 26
Corruption has eaten so deep in this government and to crown it all the see it as a normal way of life, you oppose it now you are termed a wailer. Make I rest

3 Likes

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Purity1st: 8:41pm On Apr 26
welcome to animal kingdom

1 Like

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Xiaomi1(m): 8:42pm On Apr 26
Hmmmmm
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by AroOkigbo(m): 8:42pm On Apr 26
One Nigeria! Is Buhari aware?
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Sunnycliff(m): 8:43pm On Apr 26
The Petroleum Minister is BUHARI. He is in charge of everything and nothing happens without his consent. He's just a Thif

6 Likes 1 Share

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Sunnycliff(m): 8:44pm On Apr 26
aaa14bd1083:
ESN won't fight this one's wooo , na to the burn government house grin

Sheybi ESN No get oil. Why you want make them fight again?? ESN are they no longer attache by force to your imaginary south south that can ever be seen on any compass?

1 Like

Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by FBIBOT(m): 8:44pm On Apr 26
visijo:
You de fast and you de do yahoo
Shey you de whine Mohammed ni
wetin concern our politicians with fasting... grin
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by GreenWire(m): 8:45pm On Apr 26
b
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Sunnycliff(m): 8:45pm On Apr 26
AroOkigbo:
One Nigeria!
Is Buhari aware?

If he denied that he doesn't no, that means he's not different from one in a vegetative state
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by officialmario(m): 8:46pm On Apr 26
Promoter2:
Its finished
o pari.
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by vampiresdiary(m): 8:46pm On Apr 26
Ok
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Laggafin: 8:46pm On Apr 26
Tuuuueeh.. I spit on the foreface of who brought ds disaster on us thru cunn and deceit dat made us vote ds Haram.. it is Finished.. Nizooria has gone to the dogs
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by Mopolchi: 8:46pm On Apr 26
Petroleum minister na buhari
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by iampeterben(m): 8:46pm On Apr 26
AroOkigbo:
One Nigeria!
Is Buhari aware?
He is the minister so he should be aware.
Re: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650m by KaluwisxPRO: 8:47pm On Apr 26
Report is Bias In itself. In fairness of justice, what makes the report a kangaroo report even before it is submitted? We need the back story why this paper has chosen to take sides already.

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