₦airaland Forum

Jahwinaboy:
Bini kingdom. Very strong and ancestral

thank you jare

desmond2pk:
But it doesn't have value with us.

it doesn't have value for you, but to benin it means a lot.

BornnAgainChild:
Benin Witchcraft Old Empire

yeso, too bad no foreigner recognise your tribe in anything good

jendhorlee:
our ancestors are to be blamed, they probably sold these bronzes in exchange for mirrors and perfume

shut up why so stupid? It was stolen

movetoca:
When did I become Igbo you slow thinker. Is Bonny Island owned by Igbos huh or have you ever seen any Bonny indigene that bears Igbo name like most upland people. Go back to nursery School you imbec!le.

don't care about other states, tribes, region and their politics.

Leave Edo out of your mouth

movetoca:
Edo as a state can not even be compared to my home town Bonny Island. How will any reasonable being compare a shithole like Edo to Rivers State. Have you ever seen any Rivers man in your backward state before? Stinking modafucking ugly fetish monkeys.

so igbo now own river state? Smh

I just pity your stupidity, river state that should be compare to Dubai.

Not my business, even though north own 80% of your money

Tension over the allocation of Nigeria's oil wealth among the states of the federation is assuming an interesting dimension with key figures in the South-South taking on the North over its recent call for a fiscal redress. The North, through the Arewa Consultative Forum (ACF) appears set its goal of changing the revenue allocation formular in its favour while the South-South described such calls as idle and insulting.One of the Niger Delta leaders even said the North is ungrateful to the South.



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ACF's spokesman, Anthony Sani spoke with The Friday Edition declaring that the South cannot describe the north lasy because there is no diligence involved in having crude oil under ones soil.

Beneath the cross fire between the North and the South is the issue of who has juicy oil blocs in his kitty. The Friday Edition serves available details of owners of the multi billion naira oil blocs which insiders described as just a tip of the iceberg.

Unknown to many, more than eighty percent of ownership of the nation's oil reserves is in the hands of some influential northerners who acquired marginal fields, Oil Mining Licenses (OML) and Oil Prospecting Licenses (OPL).

Curiously, such acquisitions were under the different military regimes of Generals Ibrahim Babangida (rtd), the late Sani Abacha as well as Nigeria's last military leader, Abdusalami Abubakar.

This discovery is coming on the heels of the brickbat between the South-South and the North over the propriety or otherwise of the review of the revenue sharing formula which the later alleged was unduly advantageous to the former.

Governor Babangida Aliyu of Niger state, had, penultimate week, called for equality in the sharing of oil revenue accruing to the oil-producing states, saying it posed a big disadvantage to those without oil.

The position of the Chairman of the Northern Governors' Forum had barely settled when Governors Rotimi Amaechi(Rivers), Emmanuel Uduaghan(Delta), Olusegun Mimiko(Ondo), Theodore Orji(Abia) and federal lawmakers from oil-producing states expressed their dismay at the outburst.

The debate had continued to take a new dimension in the last one week.

But Nigerian Tribune's investigations showed that most of the oil and gas prospects had long been conceded to a particular section of the country.

According to documents exclusively obtained by the Nigerian Tribune, most of those to whom the nation's juicy oil reserves have been conceded are individually richer than some African oil-producers such as Ghana and Sudan.

For instance, Cavendish Petroleum, the operators of OML 110 - with good yielding OBE field was awarded to Alhaji Mai Deribe - the Borno patriarch, by General Sani Abacha on the 8th of July, 1996.

OML 110 has a proven oil reserve in excess of 500 million barrels (more than the entire 300milliom barrels reserve of Sudan) with capacity to produce about 120,000 barrels of crude oil daily from its OBE 4 and OBE 5 wells.

At current production levels, the Mai Deribes net an average of N4billion monthly in crude oil sales (using oil price estimates of $100 p/b). Deribe, even in death is the richest man in the history of Borno state today.

Another major partaker in the oil and gas sector is Mallam (Prince) Sanusi Lamido, a cousin of the Central Bank Governor, who is a key shareholder and director in Seplat/Platform Petroleum, operators of the Asuokpu/Umutu Marginal Field with a capacity of 300,000 barrels monthly and 30mmfcsd gas plant capable of feeding 100MT of LPG.

But the oldest of all northern-backed oil and gas concerns is South Atlantic Petroleum Limited (SAPETRO). South Atlantic Petroleum (SAPETRO) is a Nigerian Oil Exploration and Production Company that was established in 1995 by General T. Y. Danjuma, who is also the Chairman of ENI Nigeria Limited. General Sani Abacha awarded the Oil Prospecting License (OPL) 246 to SAPETRO in February 1998.

The block covers a total area of 2,590km2 (1,000 sq. miles). SAPETRO partnered with Total Upstream Nigeria Ltd (TUPNI) and Brasoil Oil Services Company Nigeria Ltd to start prospecting on OPL246.

Akpo, a condensate field was discovered in April 2000 with the drilling of the first exploration well (Akpo 1) on the block. Other discoveries made on OPL 246 include the Egina Main, Egina South, Preowei and Kuro (Kuro was suspended as a dry gas/minor oil discovery).

But in June 2006, SAPETRO divested part of its contractor rights and obligations to China National Offshore Oil Corporation (CNOOC) for $1 billion (N160bn). Akpo exports about 230,000 barrels of condensate daily.

Condensate export is not regulated by OPEC, so SAPETRO/TOTAL exports as much as possible each day. Egina exports about 75,000 barrels of oil daily.

Akpo and Egina therefore, export over 300,000 barrels of oil/condensate daily (three times what Ghana currently exports).

Out of this volume, SAPETRO gets 25 per cent which, however, excludes the gas component that is about 2.5 trillion cubic feet.

Operators of OML 112 and OML 117, AMNI International Petroleum and Development Company, is owned by Alhaji (Colonel) Sani Bello from Kontagora, Niger State. In the production-sharing contract, AMNI gets 60 per cent for owning the oil block and Total gets 40 per cent for providing technical advice.

Although OML 112 was awarded on 12 February, 1998 and OML 117 on 4 August, 1999, all by former Head of State, General Abdulsalami Abubakar whose eldest daughter is married to Bello's son, Abu, operations did not start on both blocks until 26 February, 2006.

Both licenses are due to expire on 11 February, 2018 and 5 August, 2019 respectively. AMNI produces twice as much as Cavendish Petroleum.

Nonetheless, a Former Petroleum minister, (names withheld), another Fulani multi-millionaire with fronted controlling holdings in Afren, manages AMNI oil blocks and with very key interest in the NNPC/Vitol trading deal.

Vitol is a London based oil trading company. Vitol, which lifts 350,000 barrels of crude oil daily from Nigeria is owned by the former minister.

The Okoro and Setu fields in OML 112 with about 50 million barrels in reserve, operated by Afren Energy, currently rake in below 20,000 barrels per day in exports.

Similarly, there is Oriental Energy Resources Limited, a company owned by Alhaji Mohammed Indimi, a close friend of General Ibrahim Babangida. Both, apart from being from Niger state, are in-laws (IBB's first son, Mohammed is married to Yakolo, Indimi's daughter). Yakolo is a director in Oriental.

Oriental Energy Resources Limited runs three oil blocks: OML 115, the Okwok field and the Ebok field. OML 115 and Okwo are OML PSC, while Ebok is an OML JV. All of them are crown offshore oil blocks.

OML 115 on its own is 228 sq Km with Oriental Energy Resources Limited controlling 60 per cent while Equity Energy Resources, has 40 per cent.

On Okwok, Addax has 40% and on the Ebok field, Oriental Energy Resources has 100%.

Alhaji Aminu Dantata's Express Petroleum and Gas Limited floated for the purpose of winning oil block(s) on November 1, 1995, got General Abacha's approval to operate OML 108. CAMAC Houston, a company owned by Kase Lawal bought 2.5% of Express Petroleum's 60% holdings. The other 40% on OML 108 is owned by Sheba E&P Limited.

As the operator of OML 108, Shebah Exploration And Production Limited (SEPCOL) has an office in Lagos but the headquarters is in Minna. SEPCOL operates the Ukpokiti offshore field in Shallow water Nigeria, which was acquired from ConocoPhillips in May 2004.

The Alhaji Saleh Mohammed Jambo-owned NorthEast Petroleum Limited, registered as NorEast Petroleum, is the holder of OPL215 license, covering an area of 2,564 square kilometres in water depths between 200 to 1600 metres.

NorEast, which is the parent company of Rayflosh Petroleum, was awarded the blocks OPLs 276 & 283 closing thereupon, a Joint Venture Agreement with Centrica Resources Nigeria Limited and CCC Oil and Gas.

The license was awarded to him by General Ibrahim Badamosi Babangida in 1991 and then renewed in 2004 by former president, Chief Olusegun Obasanjo. It was learnt that, so far $50Million has been spent on the very promising Okpoi-1 and Egere -1 exploratory well.

Intels, owned by the three families of Yar'Adua , Ado Bayero and Alhaji Abubakar Atiku is another major northern concern in the oil and gas sector. The Oil and Gas Free Zone and Oil Services Centres, as well as Support Bases operated from government-owned facilities, are leased to Intels under long-term agreements.

Intels thus, runs a 'private port', as a counter venture to the Calabar, Warri and Port Harcourt ports. At the Port Harcourt's facility of the company for instance, there are over one hundred major companies.

prolog2:
nor in delta state

yeso. What we have are the one igbo influenced.

Just like how UK influenced Nigeria to speak their language.

They don't claim igbo and will never be igbo.

DateMynd44:
I'm from Oron but I'm engaged to girl from oredo

this dude is not and will never be Edo.

Don't ever take him seriously

NIGHTMARE0O7:
This exactly the problem , there is a family friend of us a woman from edo, those part edo close to delta, I was shocked the day I heard her brothers name is onyeka.
But they claim edo.

OK imagine if that onyeka commits crime of rape or fraud.
It will be reported "onyeka raped a woman"
And this afonja here will gather to shout igbo igbo BECOZ of the name onyeka.SMH

same thing happened when they are successful, igbos and yorubas are quick to claim them even though they have Edoid names.

Nigeria isn't a country, let's divide already

Fatherofdragons:
I have every right what's so ever to insult the op cuz

1) Due to the nature of Nairaland, anyone who is not Igbo is yoruber and vice versa

2) The guy is a known Igbo hater and troll along with his other Edo people

3) Edo people brag about killing igbos during the civil war hence my dislike for them

this guy.. no Edo person touched an igbo man during the war.

erasmus101:
I can see here that many us don't even know Nigeria history,uche seconds is an Igbo man,son of the soil, nwa afo,we have good number of Igbo in Rivers, cross river, Edo,delta and benue state respectively

there's no indigenous igbo in Edo.

movetoca:
Lol Here in Rivers State we Riveran people call Ikwerre, Omoku, Ahoada and Etche people Igbos. Funny people claiming Edo as if Edo state can even be compared to Abia state.

Edo is 100% better than your state and your tribe..

You can keep mentioning Edo but don't insult it, yorubas are the ones insulting you not us

dlaw70:
calabar maybe smaller but more developed than Benin in all ramifications-i dnt need to tell u that.what is the need of having a big city that is not developed.i left Ghana to calabar from there to Benin to c an aunt and was surprise to c Benin almost thesame way the last time i saw it.and am like where are all the stuff people have been praising Benin online for.am sure u know till tomorrow,calabar and by extension,cross river remains the cleanest state in Nigeria

are we comparing Benin to Calabar or Edo to cross river?

dlaw70:
hahaha.funny bro,also trying to bring in size? Anyways,from ur mentioning of just two towns of which i have been to one,it is crystal clear that CR has beaten Edo by numbers of towns.lets talk about infrastructure then

no you haven't beaten Edo.

We have a city 3 times Calabar!

dlaw70:
u are simply devieting from the original indices in contention

alright even though Benin city is 3 times bigger than Calabar.

We have uromi, auchi

Comparing Benin city and Calabar is so stupid.

Benin city is big, some people confuse Benin city with other towns in Edo state but that's why it is

dlaw70:
ur observations beg the question,how many urbanised towns are there in Edo? But in CR u have Ikom,Ogoja,Obudu,Boki,Ugep to mention but a few.oya,apart from Benin city,which other town in Edo can boast of been urbanised?

that's the problem with you people.

Okay let's compare Nigeria to usa.. we bring Abuja and Lagos and say we are developed.

I can simply say auchi, uromi are urbanised you'll will change the topic and say which one has stable power supply!.

Let's compare the two states as a whole not cities.

Gdp
Gdp per capita
Education
Tertiary institutions
Economic policies
Transportation
Easy of doing business

Etc

dlaw70:
seems u are not in touch with time.cross river has a lite sea port.what she is planning to do is to make it a deep sea port.take note

oh didn't know about that

Sunnymatey:
Abeg joor. What's wrong with people decision to adopt brown color of all the colors for their roofing needs? Is that the cause of hunger in Nigeria?

Under this brown roofs lies professors, academic and medical doctors and other professionals alike.

Brown is just a color, biko

no that isn't just a colour, it's dirty and rustiness.

dlaw70:
i agree with u to an extend but disagree also to an extend.this is because when we talk of states,we start the comparison from state capitals,so how dare u put cross river(calabar)on the bottom of south south states

you see I didn't use city to compare I compare the state as a whole.

Cross river died when they ceded their oil wells to akwa ibom and has been declining ever since

You want be to place Cross river ahead of Edo? But Edo is better than cross river in almost all positive indices.

kettykin:
High Road infrastructure but very very low living standards

that's what wrong with our politicians. They keep building airport, flyovers but don't invest in human resources

kettykin:
South south is the most developed. All states have international airports.
All states have seaports. High literacy rates and low mortality rates.
High inclusive economic development. Less dependence on the federal government's.
.

This followed by south east, fastest growing state capital owerri. Fastest growing non state capital, onitsha. Highest educational attainment in the country. Highest and largest business incubation in the world. Highest business mobility rate in Africa.

The only state developed in south west is Lagos

not all states have sea port in south south.
Edo, cross river, akwa ibom, bayelsa don't have.

Edo, Cross river and akwa ibom are planning to get one.

Even in deep unaccessible villages in Edo state, we don't have these kind of skyline.

Obasanjo, tinubu and co should do something about this oo

Oluwasaeon:
SW

which place? Ogbomosho, ajegunle, or osun I'm richer than?

FarahAideed:
The truth is no part of Nigeria is developed till date ..even Lagos which Nigerian like to boast about has 70 percent of it population living on untarred dirt roads, 99 percent have zero access to pipe borne water and and a whooping 70 percent have no access to proper toilets or even toilet ...100 percent have to access to sewage management ... Nigeria is the worst shithole on earth

even among stupid things, somethings are more stupid than the other

Afamed:
Is there a need for this?

if we don't compare how can we develop?

Afamed:
All the regions

no north east is hell

Top 3.

South south
South east
South West.

Least developed
North east.

Most developed in south south
River state
Akwa ibom
Delta state
Edo state
Cross river state
Bayelsa State..

someone said those are the groups that want buhari reelected.

mr1759:
Muni which Benin betray their Oba? Who is oshiomhole big for nothing

don't answer the guy he's not an Edo person.