₦airaland Forum

Obasanjo revealed that although the NNPC was aware of its inability to effectively manage the national refineries, it still rejected Dangote’s proposal.


Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation (now Nigerian National Petroleum Company Limited) turned down a $750 million offer from Aliko Dangote to manage the Port Harcourt, Warri and Kaduna refineries in 2007, during his administration.




Speaking during an exclusive interview with Channels Television on Thursday, Obasanjo revealed that although the NNPC was aware of its inability to effectively manage the national refineries, it still rejected Dangote’s proposal.




Obasanjo said that Dangote made his offer after Shell turned down his (Obasanjo) offer to manage the three refineries because of corruption, poor maintenance, low production output and two other reasons.



The former President said, “It was after that, Aliko got a team together and they paid $750 million to take part in PPP (Public–Private Partnership) in running the refineries.

“My successor refunded their money and I went to my successor and told him what transpired. He said NNPC said they wanted the refineries and they can run it. I said but you know they cannot run it.”

He decried the fact learnt not too long ago that since 2007 when the NNPC rejected Dangote’s offer, more than $2 billion had been squandered on the refineries.

Obasanjo said, “But I was told not too long ago that since that time, more than $2 billion have been squandered on the refineries, and they still will not work.”

He stressed that if a company like Shell rejected his offer to manage the refineries based on their reasons, “I will believe them.”

He questioned why NNPCL is now working with Dangote, saying, “Not only make it (his refinery) work, he (Dangote) will make it deliver. And whether we announce our own government refineries working or not working, it is like a man who plants 100 heaps of yam and says he planted 200 heaps, after he harvests 100 heaps of yam, he will also harvest 100 heaps of lies.”

https://saharareporters.com/2025/01/02/obasanjo-says-nnpc-once-turned-down-dangotes-750million-proposal-manage-nigerias?fbclid=IwY2xjawHjVEhleHRuA2FlbQIxMQABHXkLwnKRMbHVnNjrXH57dPuCC-O8ujlC7IeEkq4WdD8EOtuXYAuE4-XyDA_aem_od5L0saNLLQWijeJxs7SCA

nlfpmod

Oloshi ni bọbọ ṣeun yen

He can look the way while tribal trolls had a fill on his site. But started to shake and ban someone who reported something others too were reporting.

Instead of simply deleting the post if found to be false. He went ahead and even banned the individual for reporting like everybody did but he won't ban tribal trolls and put a cavet in the Muslim section and left the Christian section open for all.

Orí bọbọ yen ti dàrú patapata. I know you can ban me,but I don't care

Oniranu

People wey no see covid dey give us lamba.

Shuke

Aha..

Read this book when I was in SS1 or so. Ọmọ it showed Islam very very well. A Fatwa was declared on the Author by Muslims and till date he dare not step foot in the Middle East.

Nicepoker:
Other countries are celebrating breakthrough in technological advancement. You are celebrating Muslim Muslim ticket. Don't you think at this you current age your brain should have been fully developed.

Thank You!. Truly his brain isn't fully developed yet because if it were he won't be saying all these rubbish..

basilico:
Joe Biden and his attorney general Garland need to be locked up.
Garland was selected to go after Trump.

President Joe Biden regrets tapping Merrick Garland to be attorney general as he privately complains the Department of Justice didn’t do enough t0 prosecute President-elect Donald Trump, people familiar with his comments told The Washington Post........

The crimes committed by democrats can circumnavigatenthe earth twice

Henhen. You don't mean it. I thought the Washington Post and others are fake news. So why are you believing them now?

WesleyPepper:
You’ve spoken well but this is Nigeria .
Some things are better left alone .
What did Obasanjo do about the gruesome murder of his Attorney General ? Nothing!!

You think Tinubu would be able to do anything after almost 25 years ?

Who has been brought to book for the murders of the first republic politicians, the pogroms , the numerous coups.
The numerous high profile murders such as Dele Gowa , Abisola , Kudirat , Rewane etc

Nigeria is a crime scene and I maintain that Nigeria should be ended to save lives .

Just do everything within your power to stay alive because there’s no justice in Nigeria.

We should stop saying because this is Nigeria we should look and leave things the way they are.

And Yes,He was Obasanjo's AG. He had even tendered his resignation already to leave the Obasanjo's government before his assasation. His Daughter mentioned it in the interview

As for if Obasanjo knew about his murder or not,I do not know. But his murder was purely Political.

But so called Ige's friends are now in power and they can't do shit because if they wanted to they should.

P.S. The FG recently arrested one of the ring leaders of the 2011 election violence crises in the North when Buhari lost. That killed serving Corp members

https://www.google.com/amp/s/tribuneonlineng.com/police-arrest-mastermind-of-2011-post-election-violence-that-killed-six-corpers/

If it can be done 13 years after, definitely Uncle Bola's killers too should be brought to book

Thank you Mr Deji.

The so called Awoists are now in power at the federal. I call them fake Awoists by the way. Isn't bringing the people who killed the Great IGE to book should be their priority? Isn't it?

The entire power of the FG sits in their hands so what is stopping them?

There goes the answer. They are nothing but FAKE!

They do not share anything with Awolowo or Uncle Bola himself. Because if they do, I believed almost two years into the Tinubu administration,the case should have been reopened and people brought to book

Ohh I forgot,one of the principal actors being alleged was the immediate past secretary of the APC.

Shuke

You know Lagos would have had a metro rail line since 83 before that masafani Bubu cancelled the project and even paid compensation..

Now Lagos got one after 40years. I guess that is the payment for the one that oloriburuku first cancelled..

'President' Elon Musk must be very happy

While the MAGA peasants will be deeply disappointed. Fooled you once? Shame on him. Fooled you twice? Shame on you!

Muri Okunola

Without ni ooo.

Na me and Satan dey gidigba

Uncle Bola. The very last set of true Awoists. Not Tinubu,or the current set of SW APC who call themselves Awoists. Cos they are nothing but FAKE

May the soul of the Cicero of Esa Oké continue to rest in peace

"US President-elect Donald Trump defended the visa program that allows highly skilled foreign workers to immigrate to the US, marking his first comments on an issue that has divided his supporters this week."

CNN

See who is President now? Elon to the Musk.. . Whatever he wants,he gets it.

TheBreastSucker:
If I were you I would use this opportunity to suck the breasts of all the beautiful young maidens in that village.

You give me your breasts to suck and I give you 1 Derica of beans

You be werey..

Omoluabi16:
truly the last of them. When last did you see any of them invoke Awo's name? After all Awo did not win election, but they can all win with ease now as they've got money to throw around. So they no longer pretend to be Awoists.

Say no More!

ARAKUNRIN!

Himself and Seyi Makinde called the Bluff of that masafani oloribuku Buhari's AG and told him the SW is having AMOTEKUN and cannot stand by and look at our people being killed

A True Patriot of the Yoruba Race. Not some Cowards who because of Political expendiency could not stand up to the killers and trying to rub their back.

May his soul continue to rest in Peace!

Uncle Bola. The very last set of true Awoists. Not Tinubu,or the current set of SW APC who call themselves Awoists. Cos they are nothing but FAKE

May the soul of the Cicero of Esa Oké continue to rest in peace

You will never ever see them protesting against bad government and terrorists that have run down their region,Never. It is when it has to do with money you will see them running here and there

A Vibrant South and a Bankrupt North that has absolutely nothing to offer except terrorism and illeteracy to its vast populace now threatening Tinubu because of VAT.

The damm fvcking effrontery..

Nonesense!

I like this fight between the North and Tinubu supporters and its sweeting my belle. The truth of the matter is that the North cannot be satisfied except you hit them below the belt as Dipo is doing

They are thugs and bullies,no matter what you do to appease them,they CANNOT be satisfied

When I tell Tinubu supporters that the North is the enemy of this country and not Igbo they will be saying otherwise.

Infact wè have absolutely nothing in common. We have a vibrant South and a bankrupt North.

Last time there was a protest they turned it into violence and started calling for Military coup untop wetin. Then they could not say a word against the North.

Im happy they are now talking and facing the real enemy of the Nation because no matter what you try to pacify them,they cannot be pacified

NEVER EVER

Nwaikpe:
The banner says "Shariah Court", the mumu poster says it is a lie, it is "Shariah sitting."


Your nyash

You dey mind that one that has smoked cow dung. Mumu of the higest order

That is why they go to Europe and America. Ask for rights they deny people of other faith and region in their own region. But they come to the West and ask for it.

Something other people and faith dare not ask for in their region.

Nonesense

"Low-income Americans who voted for Donald Trump say they are counting on him to keep their benefits intact even while his Cabinet picks and Republican lawmakers call on him to reduce federal spending."

Washington post..

A case of voting against your own interest. Youll learn,and youll learn the very hard way

Thats my Govornor..

#seyiismyfriend

You cant get a pure breêd for that Amount. Laiye. Got my Brindle Boerboel for that same Amount. Doing fine but not a pure breêd. Pure South African Boerboels go for as high as 800K

MasterJayJay:
Nigerian journalists and their ridiculous headlines.

Na 11 MW go serve the whole of Ibadan?

Na only headline you read,you no read the body

Shuke

Name checkers how far? . Una see na both of una? Abi you no see?

Next I hear anything from anybody na Ogun go pa you..

ElevationD:
Why should Lagos have its share reduced to favour Zamfara state?

Exactly. I dont believe what Bamidele is saying here. Not at all.

Lagos should not be decreased. If for anything it should even be increased because it is the most populated. Makes more money. Has many people using its infrastructures etc hence the pressure on its infrastructures

The same with other top 3 States in the VAT collection table

Lagos

Rivers

And OYO

The Biggest Earners should have more while the lowest Earners should remain low until they remove the bottlenecks that affect their low VAT collection

Eleribu

Seun ti pada ya werey..

Ma dobo,abi kó ma doko ni ori e daada