ochibs1010:

Nigeria has a total of 159 oil fields and 1481 wells
can the originator of these article give us a breakdown of who and who is controlling what oil well

you cant just list a few northerners with less than 20 wells and assume they are ripping the country.

despite the fact that i dont support what they are doing, i will prefer you list all and lets apportion the blame appropriately.

diluminati:

thank gosh this cretin didnt curse in this one.

kj_hova:

Obviously Nigerian youths know very little about their country. The OP's write up is a muddle of errors deliberately sensationalized to create a hightened sense of injustice. Alhaji Indimi is Kanuri from Maiduguri & not a Hausa-Fulani as purpoted by the OP. The OP's knowledge of geography and Nigeria's geo-politics appeared, at best, shallow. He kept mentioning Kano & Niger states as part of the North-East. He apparently couldn't decide if to take on the North-East or the entire Northern establishment. In spite of all the identified errors, the story is basically true in terms of existences of the various companies named as well as the ownership & line of business. But the OP still stand accused of deliberate ommission of individuals & companies of Yoruba & other origins who are equally if not more guilty of the theft in our backyard. Why mention Conoil yet fail to mention Mike Adenuga? I think the bottom line is that a thieving cabal has hijacked Nigeria for decades & this cabal cuts across every nook & cranny of the country. Any attempt by @Beaf & fellow mischief makers like him to paint a regional color to this madness is silly and baseless. Such accusations can only help to keep Nigerian youth separated in an elite inflamed "divide & rule". Wake up Naija! The Hausa man is not your problem. He's a victim like you. He's probably more of a victim than you. Focus your strenght on our worst enemy, the ruling elite!!!!

ochibs1010:

thank you.
when we all know that 64% of the oil wells which constitute about 88 oils wells are viable with commercial quantities, yet you point accusing fingers at less than 20 oil wells controlled by some few northern elites.

who is fooling who??

I want to posit that the North-East through their aristocrats and ex-military rulers (except Gen. Mohammed Buhari) [size=14pt]rake in more oil money (from the Niger Delta) individually than any Niger Delta state, and collectively more than twice the entire Niger Delta put together.[/size] In this disquisition, I have attempted to show that 80% of crude oil and gas produced by indigenous companies is controlled by the North-East. It is an area they have well conquered through General IBB, Abacha and Abdulsalami.[size=14pt] However, the loots never get back home[/size].

ochibs1010:

thank you.
when we all know that 64% of the oil wells which constitute about 88 oils wells are viable with commercial quantities, yet you point accusing fingers at less than 20 oil wells controlled by some few northern elites.

who is fooling who??

kj_hova:

Obviously Nigerian youths know very little about their country. The OP's write up is a muddle of errors deliberately sensationalized to create a hightened sense of injustice. Alhaji Indimi is Kanuri from Maiduguri & not a Hausa-Fulani as purpoted by the OP. The OP's knowledge of geography and Nigeria's geo-politics appeared, at best, shallow. He kept mentioning Kano & Niger states as part of the North-East. He apparently couldn't decide if to take on the North-East or the entire Northern establishment. In spite of all the identified errors, the story is basically true in terms of existences of the various companies named as well as the ownership & line of business. But the OP still stand accused of deliberate ommission of individuals & companies of Yoruba & other origins who are equally if not more guilty of the theft in our backyard. Why mention Conoil yet fail to mention Mike Adenuga? I think the bottom line is that a thieving cabal has hijacked Nigeria for decades & this cabal cuts across every nook & cranny of the country. Any attempt by @Beaf & fellow mischief makers like him to paint a regional color to this madness is silly and baseless. Such accusations can only help to keep Nigerian youth separated in an elite inflamed "divide & rule". Wake up Naija! The Hausa man is not your problem. He's a victim like you. He's probably more of a victim than you. Focus your strenght on our worst enemy, the ruling elite!!!!

jaybee:

Does it mean nobody is rich in nigeria by a dint of his/her hardwork ?

ochibs1010:

thank you.
when we all know that 64% of the oil wells which constitute about 88 oils wells are viable with commercial quantities, yet you point accusing fingers at less than 20 oil wells controlled by some few northern elites.

who is fooling who??

kj_hova:

Obviously Nigerian youths know very little about their country. The OP's write up is a muddle of errors deliberately sensationalized to create a hightened sense of injustice. Alhaji Indimi is Kanuri from Maiduguri & not a Hausa-Fulani as purpoted by the OP. The OP's knowledge of geography and Nigeria's geo-politics appeared, at best, shallow. He kept mentioning Kano & Niger states as part of the North-East. He apparently couldn't decide if to take on the North-East or the entire Northern establishment. In spite of all the identified errors, the story is basically true in terms of existences of the various companies named as well as the ownership & line of business. But the OP still stand accused of deliberate ommission of individuals & companies of Yoruba & other origins who are equally if not more guilty of the theft in our backyard. Why mention Conoil yet fail to mention Mike Adenuga? I think the bottom line is that a thieving cabal has hijacked Nigeria for decades & this cabal cuts across every nook & cranny of the country. Any attempt by @Beaf & fellow mischief makers like him to paint a regional color to this madness is silly and baseless. Such accusations can only help to keep Nigerian youth separated in an elite inflamed "divide & rule". Wake up Naija! The Hausa man is not your problem. He's a victim like you. He's probably more of a victim than you. Focus your strenght on our worst enemy, the ruling elite!!!!

auwal87:

One truth is they are doing their legal business like any other Nigerian.

Though they are guilty of not helping their community.
[/quote

auwal87 link=topic=881188.msg10294168#msg10294168 date=1330455427:

One truth is they are doing their legal business like any other Nigerian.

Though they are guilty of not helping their community.

You will need to redefine the word 'legal'.

auwal87:

One truth is they are doing their legal business like any other Nigerian.

Though they are guilty of not helping their community.

ilugunboy:

Yes I know, I schooled in Unimaid. . . . .funny things we were much brighter than their kids back them in school. . . .though they dont need the certificate anyway as they all ended in the family business.

BTW . . . .Indimi is a Kanuri from Maiduguri and not as erroneously posted in the article as coming from Niger. His house occupies acres and acres of land.

Ever heard of M&W Pumps? The M stands for Mohammed (Indimi) while the W stands for Williams (Bush). The families are long time business partners.

Reading about the escapades of Neil Bush in his quest for intimate fulfillment in Asia yesterday (NY Post report on his divorce deposition)I remembered something I read quite a while ago NOT involving Silverado S&L. What I've found this morning is pretty chilling, and I hope the information here is not too disjointed. Some took a long time to find, much popped up like a daisy seedling. And a lot of good people have written about Neil and Jeb, but all of a sudden, I began to connect the dots, and the Continent of Africa, Jeb, Neil, and the President are linked like a fence on the back 40.


Jeb Bush was approached in 1985 by Miguel Recarey Jr., owner of Miami-based International Medical Centers, a large health maintenance organization. Recarey said he needed an office building, but he also complained to Bush about the Department of Health and Human Services' tightening Medicare rules, which threatened to cut into IMC's profits.

Recarey asked Jeb Bush to call a Medicare official who had worked on George Bush's campaigns. Jeb Bush agreed to call to urge "fair treatment" for Recarey, but denies seeking special favors. Recarey paid Bush's real estate company $75,000, a fee some say was payment for Bush's intervention. Bush says it was for his real estate work. IMC never picked a building shown by Bush. (Bush has since said he wasn't aware that Recarey already had an arrest record and spent 30 days in jail in 1973 for income tax evasion.)

IMC was shut down by regulators in 1987 because it was insolvent. At least $200-million in Medicare money was missing. Recarey was convicted on various charges, but he fled the country. More than 10 years later, Recarey remains on the FBI's list of international fugitives wanted for fraud and bribery.


[b]MWI Corporation of Florida, in which Jeb Bush was once a partner and Neil Bush did the footwork for, is in court over allegations of bribery in selling water pumps in Nigeria. MWI is trying to seal all kinds of records, including many covering Neil and Jeb's involvement.

The Justice Department filed a civil complaint against MWI and Eller (David Eller, a Broward County Republican fund-raiser), saying they improperly funneled one third of the $74-million to a Nigerian agent as commission money. In turn, the complaint says, the agent and other company officials paid Nigerian government officials who then bought MWI pumps. The federal complaint also says that Eller twice flew suitcases of cash to offshore tax havens to hide his assets.

Bush got reacquainted with David Eller, owner of M&W Pump (now MWI Corporation), a Deerfield Beach water pump company, who was tapped by then-Gov. Bob Martinez for the state lottery commission. He and Eller formed Bush-El Corp. in 1988 to market M&W's irrigation and flood control pumps. Bush went to Nigeria, where he pledged his father would increase aid to developing countries, according to Nigerian press reports. The company relied on pump sales financed by U.S.-backed loans when President Bush was in the White House. In 1989, Jeb Bush and his wife traveled to Nigeria with a executives of M&W Pump. Jeb and Columba Bush were received by Nigerian President Ibrahim Babangida and celebrated by tens of thousands of Nigerians who turned out to see the son of the U.S. president. President Babangida expressed his interest in visiting the White House -- a request Jeb promised to pass along to his father -- and by 1992 the Florida pump company had secured $74 million in financing from the Export-Import Bank of the United States. It was by far the largest Ex-Im deal M&W had ever done in Nigeria -- a country Ex-Im loan officers considered a bad risk.

One lingering question about the pump sales in Nigeria: Did Bush use his political connections to line up U.S. backed loans needed to finance Nigeria's pump purchases? The sales depended on $74-million in loans from the federally backed Export-Import Bank of the United States. Eller in a written statement, said Neil Bush coordinated private financing, which fell through. But he contends Bush didn't have anything to do with getting the U.S.-backed loans. Nigeria has yet to repay most of the loans. If they fail to repay them, U.S. taxpayers foot the bill. [/b]

Neil Bush said his commissions from Bush-El came from work in countries that didn't use U.S.-backed loans. But Bush-El has been sued by Robert Purcell, a former vice president of M&W, who alleges he was cheated out of $1-million because profits were diverted to the Bush-Eller partnership. Bush invested no money in Bush-El. His total proceeds: $648,250. Eller and his family also gave the state GOP $25,280 in August and chipped in $5,250 to the Bush campaign.

Sagamite:

Believe me, no one is doing a legal business if he is a billionaire or multi-millionaire in hundreds without any structured company that is employing a lot of professional employees.

People like that are just connected, underhand crooks getting dubious contracts.

Kilode?!:

You dey mind them?

Legal business for where?? As if it's that easy to build a multimillion dollar company from scratch. Even Danjuma is forming legal, donating money like father Christmas, possibly to mend his corrupt soul.

Is it that easy? Even to rent a ship you'll need massive financing plus insurance premiums, talkess of buying one. Yet he claimed he became rich through his shipping business after retiring as a General at age 40??