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Autos / Re: Looking Share 40ft Container Space From Canada by truenaijaman: 10:49pm On Dec 14, 2013
Toronto
Autos / Re: Total Cost Of Clearing A Vehicle In Nigeria by truenaijaman: 5:52am On Dec 14, 2013
Looking for someone to take half of a 40 foot container from Canada to Nigeria. I will take the other half. This is enough space for 2 cars.

Please contact me if interested.
Autos / Re: Total Cost Of Clearing A Vehicle In Nigeria by truenaijaman: 5:46am On Dec 14, 2013
Femmy, Could you please provide the cost of clearing a 40 foot container at Tin Can, on Maersk with...
1999 Honda Odyssey
2003 Toyota Corolla
2006 Toyota Sienna
2001 Honda Civic.

Thanks
Autos / Re: Who Can Help Ship Engine Oil From The US by truenaijaman: 5:30am On Dec 14, 2013
How many cans are there?

What is the quantity in Litres/Gallons?
Phone/Internet Market / Re: Unlock Your Usb Modem For Free :just To Help Nigerians by truenaijaman: 2:36am On Aug 05, 2013
Could you please help me unlock the following modems

Model: MF636
Carrier: Rogers Canada
IMEI: 352847022324816

Model: MF636
Carrier: Rogers Canada
IMEI: 352847022368714

Model: MF636
Carrier: Rogers Canada
IMEI: 352847029158787

Model: MF365
Carrier: Rogers Canada
IMEI: 352847029304936

Thank you in advance.
Politics / Re: China To Invest $6b In Ajaokuta Steel Mill by truenaijaman: 3:06am On Jul 14, 2013
Does this not look too familiar? The Chinese bought the Textile companies in Northern Nigeria stopped local production and just sell us Made in China Textiles.
The Chinese will invest us 6 Billion Dollars in Ajaokuta. They will import Chinese steel into Nigeria to kill any hope of local production. Round and round it goes.

When will someone start thinking of our teeming unemployed masses?
Politics / Re: Chinese Firm To Run 4 Nigerian Airports by truenaijaman: 3:39pm On Jul 10, 2013
Every day I keep asking myself about the sanity of our Policy makers.

You are not allowed to take Pictures at Nigerian Airports for security reasons but it is okay to hand over those airports to foreign patrons of a State run corporation from another state.

So much unemployment and we just keep giving jobs to keep foreigners employed.

Go figure!
Politics / Re: GEJ Is Received In China By The Chinese Asst. Foreign Minister by truenaijaman: 3:21pm On Jul 10, 2013
thelastPope: All of you who made all these responses are ignoramus! Very sad the quality of people posting on Nairaland!

1. Obama was received at the Airport in South Africa by a Minister

2. Obama was received at the Airport in Germany by a Minister

3. Jacob Zuma was received at the Airport in China by the Chinese Ambassador to South Africa

We can go on and on and on! In fact, it is against tradition in most democracies for presidents to receive other presidents at the airport. Presidents receive other presidents in the government house.

Most of you amaze with your unintelligent posts!


@thelastpope, If you are as versed in Protocol issues as you say, you definitely know that sending a Junior Minister to receive Jonathan is "Diplomatic Speak" for "This is what level we see you at right now"

One of the reasons the West hated Abacha so much was because after they started treating Nigeria disrespectfully in the Diplomatic circles in their home countries, Nigeria reciprocated by having their Ambassadors deal with very low ranking Nigerian External Affairs staff in Abuja.

If you are Spin Doctor for Jonathan, please do realise that your Allegiance is to the Constitution not GEJ and do realise that the Chinese to whom GEJ is turning over OUR country hold not only us but our own President in very low regard.

Even if you are a Spin Doctor, on some issues you just keep quite. When you leave the employ of GEJ and travel to China and you are treated like a dog, you will see the importance of how the subliminal image of Jonathan's slight determines how the average Chinese would treat you when you say you are a Nigerian.

Please Ponder!

3 Likes

Religion / Re: Can You Kill For God To Prove Your Faith? by truenaijaman: 6:27pm On Jul 07, 2013
One of the 10 commandments is "Thou shalt not Kill" therefore if God asks you to kill, you have to know that it is the devil that is tempting you in the name of God.
Politics / Re: The Four Plane Hijackers Of Nigeria by truenaijaman: 3:26pm On Jun 29, 2013
bloggernaija: ’m already missing Niger Republic. During our stay, there was no light-out, water ran for 24 hours. We had a good diet while in prison. We also studied French while in jail”. Hmmm…

On the one hand, they say they were not well fed in Prison and then they say they had a good diet. Which is true?
Politics / Re: The Four Plane Hijackers Of Nigeria by truenaijaman: 3:17pm On Jun 29, 2013
Aringarosa: For them to carry out that daring feat as at that time that the military junta was in power, then i'll say they were brave and courageous.

But my question is, what were they trying to achieve...? Was one of Abacha henchmen in the plane they hijacked? Did they give ultimatum to Abacha to install Abiola or the plane will be blown to smithereens? Or where they trying to fly the plane into Aso rock?

If the answer is one or all or one of the above, will the military junta as of then have acceded to their demand?

Abacha was not in Power when this happened, Shonekan was.
Technology Market / Dell 10 Inch Windows 8 Tablet PC For Sale - Quantity by truenaijaman: 8:31pm On Jun 28, 2013
This is a deal for wholesalers and retailers
Items are located in Canada.

Buy and Fly arrangement possible.

200 units available
DELL,LATITUDE 10 ESSENTIAL TABLET PC
INTEL ATOM 1.8 GHZ
2GB RAM
64GB(SSD)
INTEL GRAPHICS MEDIA ACCELERATOR (533MHZ)
DELL WIRELESS 1536C (802.11 A/B/G/N 1X1) AND BLUETOOTH 4.0 L
WINDOWS 8 PRO
2 CELL BATTERY

$325 each
Minimum order rules apply.

Lagos (Ikeja) delivery possible
Politics / Re: Nigeria Recovers More Billions Of Abacha’s Loot by truenaijaman: 7:57pm On Jun 28, 2013
1. Obasanjo stole, he was a boy boy of Western World - Western world kept quite, his money started OBJ farms.
2. Babangida stole, he was a stooge of western world, western world kept quite, Babangida continues to enjoy his money, his money oils the machine of western economies.
3. Abacha stole, he dealt with British Airways, British and western-world companies and tried to make friends in Asia instead of western world, the west felt threatened, Every Abacha account exposed.
4. Abubakar stole, blamed it on Abacha, western world kept quite, Abubakar enjoys his money.
5. Obasanjo came back after blowing all his first time loot, farm dead, stole, sold all out companies to himself and his friends, farm is working again, western world kept quite. The loot is being enjoyed. Did I say western world boy boy?
6. Jonathan came ......

2 Likes

Technology Market / Re: Used Laptops/desktops From 30K - Available In Abuja. by truenaijaman: 12:29am On Jun 24, 2013
120K
Sports / Re: Nigeria Vs Spain - Confederations Cup: (0 - 3) On 23rd June 2013 by truenaijaman: 11:42pm On Jun 23, 2013
I am not a Football Expert but this is how I would have read Nigeria's games as an opposing coach.

1. The team likes to attack from the flanks, especially the left so if you protect the flanks, you are safe.
2. Musa is extremely fast and he will be used on the flanks so go back to 1 above.
3. Mikel is good in midfield but getting close to the opponent's 18 yard line, he gets confused. Watch out however if he gets a player supporting him midfield. (See 4 below)
4. If the SE bring in any physically strong and assertive player in an attacking midfield role, watch him closely.
5. Ideye should be no problem as he is incapable of breaking through or away.
6. In the rear, the SE leave the right flank open and is an excellent area to build from.
7. Enyeama will go down and most likely drop a shot the first time you hit him. Try to get to the ball before him after he drops it and there is a good chance you will score.
8. If they start a concerted effort in midfield, resort to counter attacks.
9. As with most Nigerian teams of the past, if you press them in the first minute or 2, you will get a goal. If they become settled after that, the next time they become vulnerable is after the 70th minute.

As I said, I no be expert o, but how can we correct some of the above? Why was Westerhoff so successful with our boys? Why was Hoerner equally successful? Knowing your team's weakness, fixing them and psychologically reminding your players that every team is beatable and making the players have a winning mentality. Tell them that de oda playas dem no get two heads.

Flank plays, good to watch but poor finishers has been our bane for a while. Osaze is a beauty on the flanks as Musa is but no be Pretty play we go chop. We need people who will be on their feet no matter what the opponent's defence throws at them, but still manage to score - the way Amokachi, Kanu and Martins could.

We have a good team but good teams do not win games, goals do and therefore we could be said to have a not very good team. We need 2 solid feet that's all.

Yes, Ogas at the top, that's all!

2 Likes

Technology Market / Used Laptops/desktops From 30K - Available In Abuja. by truenaijaman: 6:08am On Jun 21, 2013
Dell D830 Business Laptop 2.4GHz C2D/2GB RAM/320GB HDD Windows XP SP3
Dell Latitude E4200 Lightweight Laptop 2GHz C2D/3GB RAM/128GB SSD Windows
White Apple MacBook 2GHz 2GB RAM/250 HDD/OSX Lion
Black Apple MacBook 2GHz 2GB RAM/250 HDD/OSX Lion
White Apple MacBook 2GHz 2GB RAM/160 HDD/OSX Snow Leopard
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Lenovo X200 Lightweight Laptop 4GB RAM/320 HDD Windows Vista Business
Compaq Presario C700 Laptop 2GB RAM/160 HDD Windows 7
HP DV2000 Laptop Special Edition 2GB RAM/320 HDD Windows 7
17" Apple MacBook Pro 4GB RAM 500 HDD OSX Lion
Fujitsu Mini Tablet Laptop 762MB RAM/100GB HDD Windows Vista Business
Lenovo Edge 17" Laptop 2GHz C2D/2GB RAM/320GB HDD Windows 7
Dell Inspiron 700m - Battery bad 2GHz/2GB/160GB Windows XP

MacPro Desktop - Video Editing/Music Studio Machine 8GB RAM/2000GB (2TB) HDD

Please call 0818-996-7611
Technology Market / Re: Apple Mac Pro Tower For Making Music Or Movies - Music Studio Computer by truenaijaman: 8:21am On Jun 19, 2013
Apple Mac Music studio computer


Loaded
Apple Aluminum Tower Case
 4-Core (2 X 2.0GHz Intel Xeon Dual Core Processors)
 8GB RAM
 2 Terrabyte (2,000GB) Hard Disk Drive
 DVDRW Drive
 Keyboard
 Mouse

Adobe Acrobat X Pro
Adobe After Effects CS5.5
Adobe Audition CS5.5
Adobe Contribute CS5.1
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Adobe Dreamweaver CS5.5
Adobe Encore CS5.1
Adobe Extension Manager CS5.5
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Adobe Story
Final Cut Pro

Microsoft Office 2011
Excel
Outlook
PowerPoint
Word

 Logic pro Installed
 Reason Installed
Garage Band installed
 Video tutorial on using reason installed

Skype
VLC


 60GB of reason sounds, including over 10000 drums alone, way too much to list here, all the top sounds from the major producers in music today.
 Instantly you have thousands of sounds from all over the world,
 Ethnic
 Urban
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 Premier to Lil Jon to kanye to timbo
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 Miroslav Gold Bundle
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 Yamaha motif
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 Reason Pianos
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 Microkorg
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Located in Abuja

Call 0818-996-7611
Technology Market / Apple Mac Pro Tower For Making Music Or Movies - Music Studio Computer by truenaijaman: 11:02pm On Jun 17, 2013
Apple Mac Music studio computer
Apple Aluminum Tower Case
 4-Core (2 X 2.0GHz Intel Xeon Dual Core Processors)
 8GB RAM GB RAM
 2 Terrabyte (2,000GB) Hard Disk Drive
 DVDRW Drive
 Keyboard
 Mouse
 Logic pro Installed
 Reason Installed
Garage Band installed
 Video tutorial on using reason installed


 60GB of reason sounds, including over 10000 drums alone, way too much to list here, all the top sounds from the major producers in music today.
 Instantly you have thousands of sounds from all over the world,
 Ethnic
 Urban
 hip hop
 Premier to Lil Jon to kanye to timbo
 The complete " Big Willy " drum library ( including " Claps and Snaps " set.
 Miroslav Gold Bundle
 Sonic Reality Gold bundle ( vol 1-20 )
 Yamaha motif
 Roland fantom
 Korg triton full patches and soundsets (the 3 most popular keyboards in music today !!!)
 MPC 2000,3000,and 4000 sound sets!!!
 Reason Pianos
 Electric Bass Refill
 Microkorg
 Moog
 Video tutorial on using Reason ( 3hrs )

Located in Abuja

Call 0818-996-7611
Politics / Re: Foreigners Own 80% Of Oil Blocks Not Northerners - Femi Falana by truenaijaman: 9:54am On Mar 11, 2013
The North Does Not Control Nigeria’s Oil Blocks, By Toyin Akinosho

Premium Times
Published: March 7,2013

Senator Ita Enang’s spirited claim at the National Assembly Wednesday to the effect that 83% of the country’s oil block is in the hands of northerners appears to be inspired from assertions contained in an old article by a newspaper commentator, Mr. Ross Alabo-George whose famous essay was titled Poverty And Deprivation: Why The North Is Poor.
In the excerpted refutation below, Toyin Akinosho, a petroleum geologist with over two decades of work at Chevron and now publisher of the well-regarded Africa Oil and Gas Report, argues angrily that such lines of thought canvassed by the likes of Senator Ita Solomon Enang and indeed Mr. Ross Alabo-George are merely hysterical, and tendentious, designed to mislead the public. Mr. Akinosho characterizes the arguments as crappy and crummy. It is excerpted from the African Oil+Gas Report for the value it brings to the current debate about Nigerians oil resources and the National Question.
Alabo-George’s article plays up so well the sentiments that a good number of Nigerians, especially middle class types excluded from the spoils of the petroleum subsidy, and allied deliverables, nurse about the kind of leadership we have suffered since independence.
But it has gone around so far and keeps being forwarded so rampantly, largely because it plays to the ethnic schism; the suspicions that each of us harbours, in our different silos, about “the other”.
It’s largely a response to the disingenuous claim by Sanusi Lamido Sanusi, the Central Bank Governor, that the Boko Haram insurgency is a response to the 13% derivation allocated to the oil producing states from the federation account. “There is clearly a direct link between the very uneven nature of distribution of resources and the rising level of violence”, Sanusi told The Financial Times of London.
Alabo-George’s piece is compelling when he contrasts what non oil-producing Southern states have been able to do with their supposedly meager allowances with what their Northern counterparts have done with their own allocations.
“Ekiti State has about the same revenue as Yobe and Gombe”, he contends, “but only 17 students passed WAEC and NECO in Gombe state last year, while Ekiti State is known for its high literacy level”.
I find two beautiful quotable quotes in the article: (1) “Borno State has a bigger budget than that of Cross River, a Niger Delta State. While the leaders of Cross River over the last decade have transformed it into the nation’s leading tourist destination, those of Borno have transformed it into a Somalia”.
(2) “Gombe State has a bigger budget than Enugu and Anambra, why has MASSOB not bombed anyone”?
But once Alabo- George ventures beyond the political economic analysis and starts to list who owns what oil and gas assets, his article is a litany of inaccuracies and lies. He gets it totally wrong.
He writes about the estate of the late Mai Deribe, the Bornu State born businessman, supposedly owning a huge oil field; Rilwanu Lukman having controlling shares in Afren; Atiku Abubakar being the stupendously rich beneficiary of the profits of Intels, the logistics company; Aminu Dantata’s Express Petroleum. He ties Amni Petroleum to only Sani Bello.
So much conspiracy theory.
Oil acreage ownership in Nigeria does not have ethnic colouration. What’s more important, sustaining production from oil and gas assets, whether or not awarded by the state, is determined by how much of a businessman you are.
When Jibril Aminu handed out oil prospecting blocks, in the first comprehensive effort “to encourage indigenous participation” in 1991, he gave blocks to companies owned by Folawiyo, Abiola, Adenuga, Udoji, Ibru, Igbinedion,(all Southerners) as much as he gave to enterprises set up by people like Saleh Jumbo and Mai Deribe.
Between 1991 and 1993, we suddenly had over 25 companies, that were Nigerian E&P companies and they took themselves so seriously that they set up an association they christened “Nigerian Association of Indigenous Petroleum Exploration Companies”. But what did these people do with the acreages? They were mostly clueless about how to progress things.
Out of that class of awardees, only Mike Adenuga created what you could really call an E&P company. He is the only one producing oil today, from his own block.
It’s bad enough that Nigerian indigenous private acreage holders don’t produce, as a collective, up to 150,000 Barrels per day, or 7% of the national daily production, so why are we fighting ourselves?
And I am less keen on how much you’re getting as rent from the asset you are holding, than the capacity you are building as manager of a Nigerian oil company who is awarded the asset, in trust for the rest of us.
I am for an ongoing, earnest debate on the National Question. But false information misleads all of us into false conclusions, which reduce the complexity of the solutions we ought to be proffering.
The author cites a number of hydrocarbon acreages belonging to Northern elites, but ignores the fact that holding an acreage is one thing; getting value out of it is another.
That so many people believe the poorly researched article, and so instantly forward it that it becomes one of the most travelled essays on the National Question, is testimony to poor knowledge of how the oil industry works.
The first field the author mentions is Obe field, which, he rightly claims, is held by Cavendish Petroleum, a company set up by Alhaji Mai Deribe. Alabo- George lied by saying that the Obe field, the main hydrocarbon pool in OML 110, contains 500Million barrels of oil reserves.
The Obe field does not have a proven 20 Million barrels. I am not sure it has 10Million barrels. It is not producing as I write. The Obe field has not produced for five years, since 2007, when Tranfigura, the last technical partner engaged by Cavendish, walked out.
I don’t know what discipline Mr Alabo-George belongs to, but this point I am about to make is well known to every junior petroleum geologist with three year experience in the crummiest E&P company: If a field holds 500Million barrels of oil, proven, in shallow water Nigeria, it won’t lie fallow. Investors would rush it.
In countries where you don’t have the complications that the NNPC brings to the table here, fields that haven’t proven much more than 500Million barrels are “rushed” through to development.
Ghana’s Jubilee field didn’t prove a billion barrels before the country’s authorities approved a field development plan. Apart from Nigeria, Angola, Libya, Algeria, Ghana (now, since 2008) and perhaps Equatorial Guinea, no African country has a billion barrels in proven reserves. 500 Million barrels is half of that.
Mr Alabo-George says that Obe has the capacity to produce about 120,000 barrels of crude oil daily from its OBE 4 and OBE 5 wells. What sort of numeracy is this? Or is he dreaming these figures? How can a field with less than twenty million barrels “have the capacity” to produce 120,000 barrels per day?. What’s capacity?
Alabo George’s second example of a wealthy northerner swimming in oil money is Mohammed Indimi, “a Fulani and close friend of General Ibrahim Babangida”. He says “Oriental Energy Resources Limited runs three oil blocks: OML 115, the Okwok field and the Ebok field. OML 115 and Okwok are OML PSC, while Ebok is an OML JV. All of them good yielding offshore oil blocks”.
The author just doesn’t care to verify his claims. True, Indimi’s Oriental Resources holds the three assets. OML 115 is not producing as I write. No one has certified that there’s a producible field in the acreage. Ebok is being produced, on Oriental Resources’ behalf, by Afren, a UK listed company. Last year, the field delivered an average of 8,000Barrels of Oil per Day(BOPD), according to Afren’s website. You can google it. Okwok, as I write, is still in development. Translation: it has produced nary a drop of oil.
Aminu Dantata’s Express Petroleum holds the Oil Mining Lease 108, with technical partners Shebah Petroleum, which bought out Conoco, the original technical partners. Fine.
The Ukpokiti field, the main asset on the acreage, produced for quite a while; and should have made the Dantatas quite rich, over a period of more than seven years. The field died out at some point and is being revived as I write.
“NorthEast Petroleum is owned by another Fulani businessman from the North East, Alhaji Saleh Mohammed Jambo”, Alabo-George testifies. “The license was awarded to him by General Ibrahim Badamosi Babangida”.
Another truth: North East Petroleum has NEVER produced a single drop of oil since that award in the early 90s. There, simply, hasn’t been a discovery worth the while for operator TOTAL.
I agree that Theophilus Danjuma, also a Northerner, is entitled to contest for the award of the man who made the most fortune, at a sitting, on an oil acreage in Nigeria.
Alabo-George’s article, in his rush to conclusions, even understates the significance, by claiming that Danjuma’s company, South Atlantic Petroleum Limited(SAPETRO), made $1Billion from the deal.
The truth is that China National Overseas Offshore Company(CNOOC ), signed a definitive agreement with SAPETRO to acquire a 45% working interest in OML 130 for $2.268 billion cash.
I don’t know how much the broker of the deal took, but I am yet to confirm if the Nigerian government earned any withholding tax from that transaction. In spite of what he has earned “upfront”, Danjuma’s SAPETRO gets 25,600Barrels of Oil per day for its 15% of OML 130 from the Akpo field, which is delivering 175,000BOPD.
But if you complain about Northerner Danjuma, what about the Alakijas, a Yoruba couple whose company, Famfa Oil, is “entitled”, every day, to 25,000BOPD from Chevron operated Agbami Field, located in deepwater OML 127?.
These two companies are two of the four largest producing Nigerian companies today. The other two are Adenuga’s Conoil(25,000BOPD) and Seplat Petroleum(37,000BOPD, operated, 16,000BOPD, equity).
Only one of those four companies is Northern owned. And it is outright falsehood that “ 80 per cent of crude oil and gas produced by indigenous companies is controlled by the North-East”.
But, as I said again: which technical and managerial capacity are we building on the back of the rent collected from these leases. It’s the real job.
The last example I’d touch, before the concluding commentary, for space purposes, is the case of Rilwan Lukman, who Alabo-Gorge cites as having controlling shares in Afren, the UK listed company. Lukman was there on the ground floor of the construction of Afren, around 2004, no doubt, but the key founders of Afren are Ethelbert Cooper, the Liberian businessman and Osman Shahenshah, who is the current Chief Executive.
What people like Lukman and Egbert Imomoh, the other Nigerian on the company’s board in the founding days, did, is the kind of thing I urge Nigerians in their positions to do.
Use your knowledge to access and create value, not to grab and destroy value. Cooper and Shanenshah knew that Lukman(then out of office both from OPEC and as Nigerian special adviser), and Imomoh(then recently retired as Deputy Managing Director Of Shell Nigeria) knew the Nigerian oil industry deeply and could access oil and gas fields that were lying fallow.
Shanenshah, coming from a financial services background, knew how to raise funds: the most important thing in oilfield exploration and development. Indeed the first piece of news by which most people knew of the existence of Afren was that the IMF had agreed to give a 5Million dollar loan to this company, which was only just about starting. It pays to have Lukman on your board.
Yet, in spite of Lukman’s influence in the Nigerian polity, Afren had never accessed Nigerian acreages via government awards. Afren, cash in hand, running a technically proficient company, approaches Nigerian indigenous owners of assets-like Ndimi’s Oriental Resources, Amni and several marginal field holders, and signs agreements with them to be technical partners.
After Afren has recovered its investment via cost oil, Afren and the company continue to share the proceeds from the field 50:50 for the life of the field. Afren uses Nigerian technical capacity to a large degree and it trains a lot of people. But it can do more.
Afren has never benefitted from bid round or government-sanctioned discretionary awards, so why would anyone link Lukman’s involvement in Afren in a list that has a number of Northerners supposedly benefitting from government largesse? That is part of the trouble I have with Alabo-George’s essay.
I wouldn’t compare Lukman’s relationship with Afren to the benefits that Atiku Abubakar derives from being a part owner of Intels, the logistics company which takes advantage of the free trade zone in Onne, near Port Harcourt.
This particular example helps us to locate “the Nigerian tendency”, beyond “the Northern tendency”, in this discussion. Because, really, we are just all the same.
A foreign company comes to Nigeria to set up for business. Because of the difficulties we invent as barriers to entry, this company requires the services of some big Nigerian men, preferably those who have worked for government, for access.
What Atiku Abubakar has done with Intels has parallels in other sectors of the economy and is comparable with what Yoruba chieftains, Ijaw leaders, Igbo High Chiefs, Idoma overlords, etc, etc, have done with many other companies operating here.
That’s how people became key shareholders of companies like Julius Berger. As I write, the key sentiment underlining the complaints against the tolling on the Lekki Expressway is that “most of the money will go to Tinubu’s pocket”. That’s the word on the street.
Brokerage is not a bad thing on its own, but what we need to stress is a level playing field, rule of law, security of tenor and equity and fairness as much as possible, for all.
If I really want to be mischievous, I’d focus on the recent deal in which Shell and Agip have had to pay in excess of one billion dollars to Dan Etete, a south-south man, for stakes in Oil Prospecting Lease OPL 245. And I would ask “Is that necessarily right”? Should the president, a south-south Ijaw man, have waded in to ask Shell and Agip to move the deal forward? But that’s a story for another day.
In my book, people from everywhere have taken advantage of the unstructured way we have dispensed with oil and gas acreages. Naming names about which Northerner got what size of the pie is less useful than a focus on how government is insisting on open and transparent bidding, but more importantly, on Nigerian technical know how and management.
You can’t hand over an acreage and walk away. You have to monitor what the holder is doing. How he is ensuring employment. If we can’t, with all the treasure, build five private E&P companies that have the internal competencies that Shell has and can go out and buy and operate assets the way that UBA and GTB and Ecobank venture into Ghana and The Gambia, then we have wasted all of the 56 years we have spent since the hoorah at Oloibiri.

Akinosho, a petroleum geologist, former news reporter, and one-time community newspaper editor, is now publisher of the well-regarded African Oil+Gas Report

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