₦airaland Forum

post=30390215:
Wao

GMB 14TH #TOO SURE

post=30390215:
Wao

GMB 14TH #TOO SURE

boygeorge:
Nigeria’s Richest Oil Blocks Owners Exposed: Names & Details


The oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars. The 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 OML 110 with high yield OBE oil fields was given Cavendish Petroleum owned by Alhaji Mai Daribe, the Borno Patriarch in 1996 by Sanni Abacha. OBE oil field has 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. When you remove the taxes, royalties and sundry duties worth about 60% of the reserve payable over time you get about $20billion dollars worth of oil in the hands of a family.


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.
NOML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an inlaw to Abdulsalami Abubakar, former Head of State of Nigeria.
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.


OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata.


OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo
ASUOKPU/ UMUTU marginal oil fields is operated by Seplat Petroleum. Seplat is owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi. This oil field has the capacity of 300,000 barrels of oil daily. This translates to $30million dollars daily at average benchmark of $100 dollars per barrel. Deducting all sundry taxes, royalties etc , this field can yield $12billion dollars daily for the owners .
Intel owned by Atiku, Yarádua 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. 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.


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 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 $20 billion dollars.


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.
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


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.


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.
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. 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.
During the time of Late President Yarádua , 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.


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 later sold to Heritage Oil for $800 million dollars eleven months later.


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



http://abdulkuku..com/2014/05/nigerias-richest-oil-blocks-owners.html?m=1

OchukoisBlack:
Special adviser to the President on New media, Reno Omokri carried out a poll to test the popularity of the GEJ as against GMB for the forthcoming elections via his Twitter handle.
Below are screenshots of the results so far...

bukjam:
Yeah. "Sells the country short".

bukjam:
Great article but then Miss Adichie has a way of making things look bigger than they are. She wrote about the extreme and made it look like the norm but its normal in writing though.

I agree the country has lost a lot due to the irregular and epileptic power supply though. I'm sure people will fully comprehend what they've been losing out on when they finally get to av power supply regularly. This annoying thing doesn't just affect us financially.. It affects us in every aspect even mentally or emotionally.

Btw, does Chimamanda write for any local newpaper or magazine? Or its only abroad that she sells the country short. Its all about the money and international recognition, yeah?

HouseOfBalloons:
www.nytimes.com/2015/02/01/opinion/sunday/lights-out-in-nigeria.html

rozayx5:
guess he will run arewa republic with sales from Onions

rozayx5:
yea he will do in the North, GMB will never smell Aso rock

SeverusSnape:
A picture is worth a thousand words...
Can't you see how Oba Akiolu is conversing with Jonathan tete a tete, But he avoids Buhari like a plague. **the Oba also covers his nose**

Where are the INSULTERS?

rozayx5:
we have busted the refinery lie. find something else. the head of state signs and appropriates funds fir such. buhari did nothing as head of state
i challenge you to show me any reasonable project buhari completed of started as head of state


PTF was scrapped and probed only to find inflated contracts
governor of north eastern states. no legacy





this thread made fp today
nairaland officially belongs to APC

Meanwhile buhari defends decree 4
https://www.nairaland.com/2123778/ban-press-Isembarrass-public-officer#30320603

nicflame:
The Debate is live on NTA.. Join me fellow Nairalanders, its getting interesting

Sai PYO

KingEbukasBlog:
Buhari and his team arrive state house

source; http://www.kingebuka.com/2015/01/live-photos-apcs-presidential-rally-in.html

ichidodo:
[color=#1980BC] As biased as this ranking is pls be well advised that rotimi amaechi's strides back then was done under the umbrella party...So it should be fair to credit this to the PDP and the national leadership of Goodluck Ebele Jonathan. [/color]

Samsleek7:
No it's not! Despite being pro-Jonathan, i admit that. But, since 1979, our Democracy has grown significantly! Any talk of a military coup could easily be written off as impossible! Can you say thesame about 1979?

Samsleek7:
Trying so desperately to Vindicate her Paymaster! El-Berem

Mind you, Nigerian Democracy in 1979 Was a total MESS.

kennydee05:
This is how to play the game.
APC teaching PDP politics since 2012.

Ikengawo:
[size=15pt]Makurdi-Port Harcourt Rail Line Opens For Commuters[/size]



http://www.channelstv.com/2015/01/23/makurdi-port-harcourt-rail-line-opens-for-commuters/?utm_source=&utm_medium=twitter

https://www.channelstv.com/wp-content/uploads/2015/01/blogger-image-403780367.jpg

feelamong:
KAI

PDP go get HPB on top this thread o!!

See Genuine Love fr a great leader!!

Sai Buhari!

Change!!!

ishiamu:
Former Minister of Defence Gen T.Y Danjuma yesterdaycalledfor the arrest of Asari Dokubo, Tompolo and other Niger Delta ex-militants for declaring that theywould destabilise the country if GEJ does not win next month's presidential election. Asari's wife just came for Danjuma on Facebook

http://lindaikeji..in/

otunsman:
Oil is not the cause of nigerian problem but amalgamation.Had it been south and north were not Amalgamated there would have been peace.

otunsman:
Oil is not the cause of nigerian problem but amalgamation.Had it been south and north were not Amalgamated there would have been peace.

Collynzo9:
The African Independent Television has reacted to allegations that it closed down its Presidential poll website because the result was favouring a particular candidate.
The TV station said that contrary to allegations, it closed down the poll because it discovered that some IP addresses were voting repeatedly for a particular candidate, it said that further investigations traced a particular IP address to a software programmed to vote for a particular candidate continuously.
Source: AIT News

danjumakolo:
www.premiumtimesng.com/news/175825-t-y-danjuma-wants-dokubo-asari-tompolo-others-arrested.html

andresia:
African Independent Television (AIT) has suddenly removed a popular online poll where the All Progressives Congress party candidate, Muhammadu Buhari, was resoundingly beating President Goodluck Jonathan.

Buhari’s lead in the poll was despite the president’s shelling out of N5 million per daily showing of his sponsored documentary against Buhari that was being repeatedly shown on AIT stations across Nigeria, and online.

Earlier on Tuesday, SaharaReporters published a screenshot of the poll, which at that time showed Buhari well ahead by over 76%.

As the day wore on, the poll saw Buhari’s lead rise to 79%. It was then swiftly taken down, AIT replacing the page with a claim that the page was “under maintenance.”

That behavior was reminiscent of a similar incident last year by Mr. Jonathan’s social media aide, Reno Omokri, who is Mr. Jonathan’s social media aide. In an effort to provide a rebuttal to a SaharaReporters poll showing Mr. Jonathan being handsomely defeated by General Buhari, Omokri manipulated a poll he had set up, and then hurriedly shut it down with Jonathan ahead of Buhari by 1%.

AIT did not say whether its poll page would return after its ‘maintenance’, but some users had noted earlier that the TV station was allowing multiple voting for President Jonathan.

That was subsequently corrected, a fact that was also noted by users, following which Buhari again regained the lead. AIT then suddenly went into ‘maintenance’.

http://saharareporters.com/2015/01/27/ait-takes-down-online-poll-where-jonathan-was-taking-shellacking-buhari

sirajdinsaudi:
So what FG is saying is that elections will be rigged and APC will be prevented from forming parallel government? If APC failed to form parallel government if the election is rigged then we the Nigerians might adopt Bokina Faso solution.This same FG made sure the lawyers called off their strike because of Buhari and failed to convince the Doctors to do so.If Jonathan will win(God forbid)let him win convincingly, else the government is calling for another wéti é.Simple.

Akpan107:
A former Coupist will never rule Nigeria.

If Buhari is the only option, Nigeria should be without a President than to have Buhari.
Gej till 2019...is more like Nigeria not having a president











GEJ till 2019