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Travel / Re: Beautiful Area View Pictures Of Port Harcourt, Rivers State. by xguy(m): 9:20am On May 13 |
show us eneka, ahoda |
Politics / Re: Osun Speaker Adewale Egbedun Prevents Policemen From Extorting Money From Youths by xguy(m): 3:05pm On Aug 11, 2023 |
Ondo police are frustrating Youth, Along Owo And Akumgba Road |
Foreign Affairs / Re: Yair Lapid: Israel Doesn’t Need US Permission To Strike Iran by xguy(m): 5:52pm On Jan 03, 2022 |
So Iran will be sleeping when it happen. Small H*mas you can't defeat. You talking about a IR. You for ask trump na last strike |
Politics / Re: Buhari Appoints Ahmed Audi As NSCDC CG, Nababa Ncos CG by xguy(m): 6:31am On Feb 19, 2021 |
BabbanBura: Did you read before commenting, Even your brother fail it's still Nepotism |
Politics / Re: Air Strikes In Orlu: "They Have Finally Brought The War Upon Us" - IPOB by xguy(m): 6:24am On Feb 19, 2021 |
long over due.
Why are they telling us didn't You have Army too oya. let go.
Animofia. 1 Like |
Phones / Re: NIN Issues: I Never Registered For NIN.. How Do I Verify The NIN from *346#? by xguy(m): 8:08am On Dec 28, 2020 |
The Number you are using, when did you register it. or person might have registered his or her number mistaken your number because no verification during registration. |
Crime / Re: Policeman Who Sustained Injury During The Arrest Of Kidnapper, Evans Thanks God by xguy(m): 9:22am On Jun 19, 2017 |
good police officer keep it up see yopu later |
Nairaland / General / Ajaokuta Scandal. OBJ, Son Of Itakpe And Fayemi Storry by xguy(m): 9:05pm On Jan 02, 2017 |
BREAKING: This Nigeria killing Us secretly....
Obasanjo, Adoke, Fayemi allegedly fingered in
Ajaokuta, Itakpe scandal
Obasanjo, Adoke, Fayemi allegedly fingered in
Ajaokuta, Itakpe scandal
Nigeria’s former president Olusegun Obasanjo,
former Attorney General of the Federation,
Mohammed Bello Adoke and current minister of
Steel and Solid Mineral Kayode Fayemi have been
allegedly fingered in a shady deal associated with
the August 1, 2016 modified reconcession
agreement of Ajaokuta Steel Company of Nigeria
(ASC).
EXPOSED: Obasanjo, Adoke, Fayemi in Ajaokuta,
Itakpe scandal (Photos)
Fayemi, Adoke, Obasanjo fingered in Ajaokuta,
Itakpe scandal
According to Barrister Natasha Hadiza Akpoti
alleged in an open letter to Nigerians dated 31
December 2016 and titled “Corrupt Practices
Surrounding Ajaokuta and Itakpe”, she disclosed
that the country had a good chance to reclaim
both ASCN and NIOMCO, Itakpe base on
unequivocal evidence but that the activities of
one ‘Alhaji’, PwC and Adoke has made it
impossible.
On August 1, 2016, the Federal Government
signed a modify re-concession agreement with an
Indian firm, Global Infrastructure Nigeria Limited,
GINL which led to Nigeria reclaiming the ASCN
and the National Iron Ore Mining Company,
NIOMCO, Itakpe which had earlier been
concessioned to GINL.
However, the August 1, signing ceremony
appeared to be a flash in the pan as Nigerians
were made to believe what happened then was
nothing but the truth.
She explained the Minister of Steel and Solid
Mineral, Dr. Kayode Fayemi lied to President
Buhari and Nigerians that the country had no
evidence against GINL in the London Court of
Arbitration.
She stated that Fayemi told Nigerians that
“Nigeria already agreed that we were liable to pay
somewhere in the region of $500 to $700m to
GINL as estimated by BPE etc…”, and since
Nigeria couldn’t afford that, it was agreed to give
Itakpe back to the GINL in compensation for 7
years.
In her words: “Like Halliburton and Malabu oil
scandals, Ajaokuta and Itakpe suffered greatly in
the hands of Adoke who happens to be a son of
Itakpe.
“One would have expected utmost care in
executing his duties as the then Attorney General
of Nigeria and lead representative of Nigeria at
the Arbitration proceedings instituted in the
London Court of International Arbitration by the
GINL against Nigeria on the termination of
Ajaokuta and Itakpe concessions by the late
President Yar’Adua administration. But, he
betrayed Nigeria. How?
“Nigeria had a very good chance of winning the
arbitration case against the Indians as there were
tons of evidence mainly from Inuwa Magaji’s
report amongst others.
“GINL feared the anticipated lose and engaged
Price Waterhouse Coopers (PWC) to help them
“work” victory out through Nigeria’s corridors of
power. PWC approached ‘Alhaji’ who was a close
ally to Vice President Namadi Sambo. ‘Alhaji’
“discussed” with Adoke, spent a lot of money and
a deal was struck.
“Adoke sought an approval from President
Jonathan for an out of court settlement. This
ended the arbitration in London court and started
the mediation process supervised by Mr. Philip
Howell Richardson. The first mediation meeting
was in London on the 15th February 2013.
“A presidential committee was set up comprising
of the V.P’s office, BPE, AGF, amongst others
headed by the then Permanent Secretary Min. of
Mines and Steel, Mrs. E.B.P. Emurem.”
She explained that the presidential ‘Kangaroo’
committee indicted Late President Yar’Adua of
terminating the Ajaokuta and Itakpe concessions
with GINL and estimated damages totally $525
million payable to GINL.
She added that the committee then arrived at a
decision to compensate GINL with 7 years of
Itakpe Iron Ore since Nigeria had no such money
to pay, noting that Adoke got a presidential
approval to execute this “modified fraudulent re-
concession agreement” on the 7th of January
2015 but failed in executing it because the then
Minister of Mines and Steel Arch. Sada refused to
be a part of the fraud.
Unfortunately, Fayemi executed the same contract
Adoke drafted even replicated the exact same
grammatical errors contained in the Adoke’s
contract.
“At the August 1st signing ceremony, Fayemi said
there would be a joint forensic audit of the
concessions and this is to be supervised by one
of the top global four consultants which was
PwC.
“Yes. Fayemi engaged PwC to supervise GINL’s
concession, the same consultants that GINL
engaged in 2012 to help pull strong strings to
save GINL from losing totally.
GINL Belongs to ‘Alhaji’
Meanwhile, Natasha claims that the owner of
GINL, not the famous Pramod Mittal but one
‘Alhaji’ who contacted her for a peace talk.
“He is an ‘Alhaji’ quite prominent in the circles of
power especially during the Jonathan’s
administration. This wasn’t his first time
contacting me. He first called me up on the 12th
of August after my Channel’s interview, then on
16th and 18th August 2016. I met with him on
these 3 August dates but didn’t oblige his 26th
December’s call. From my interactions with him I
deduced the following facts:
“The pseudo partnerships of GINL- – GINL is no
longer owned by Pramod Mittal. Pramod Mittal’s
presence at the 1st August 2016 NIOMCO
Itakpe’s re-concession was just part of the
keeping – up – appearances-to –deceive
Nigerians agreement between Pramod and ‘Alhaji’
who is the present owner of GINL. This ‘Alhaji’
has no expertise in operating mines. He is also
not evidentially linked to GINL as most
documents still bear Pramod Mittal to deceive
Nigerians.
“Now that GINL has gotten NIOMCO, Itakpe back,
they want to acquire Ajaokuta Steel complex too.
‘Alhaji’ asked that I connect them with
TyazhPromExport (TPE for short, the original
builders of the plant from Soviet Russia) as
technical partners to facilitate their acquisition of
Ajaokuta under a NEW NAME that would not
connect the Nigerian public to GINL.
“Alhaji said he opted for Russia despite him being
extremely connected to China (he is the chair of
China’s largest construction firm in Nigeria)
because he believe only the original builders will
do sincere justice to Ajaokuta Steel mill but if I
refused to bring them on board, he would go
ahead to acquire Ajaokuta using his Chinese
partners. I turned that down because I didn’t
want to be a party to any deceptive “underground”
arrangements and manipulations,” she claims.
Obasanjo's connection
Barrister said Obasanjo’s washed hands are still
very dirty.
"A lot of people ask why the call for the Original
Builders return to their brainchild - Ajaokuta.
Some even say the original builders are
Ukrainians , some say Putin hates us and the
evidence is his distance from Nigeria… This
section will shock you.
She questioned why the following facts have been
kept away from the Nigerian people.
1. On March 7th 2001, Obasanjo, Bola Ige
amongst others visited Russia (Putin was the
president then) and signed a bilateral agreement
for the strengthening of relations and
development of our steel sector and transfer of
high technology amongst others.
2. This agreement led to Putin sending 40 experts
from TPE (original builders) to conduct the
technical evaluation of Ajaokuta steel plant. For 3
months the Russians worked along with Nigerian
Russian trained engineers. They returned to
Russia and prepared 6 volumes of detailed
technical and the financial reports.
3. TPE’s submission required $421M for 1st
phase completion (a Sulphuric Acid Plant and
modification of Pig Cast Machines were
additional variations made). President Obasanjo
promised to release the money but months after,
instructed NNPC to guarantee a $400m loan to
be made available from BNP Paribas. This failed.
ASCL Board and Management contacted
UNIVERSAL GENERAL COMPANY (UGC), a UK
Company, who agreed to grant a loan of $600m
to ASCL and Putin directed with TPE to serve as
Nigeria’s guarantors. BNP Paribas accepted.
4. Putin waited and waited for Obasanjo to meet
up his own part of the agreement but Obasanjo
was silent.
5. In March 2003, President Putin wrote to
Obasanjo this letter below (Its translated but true
version is attached):
6. With the technical documents at hand, the very
next month of June 2003, President Obasanjo
concessioned NIOMCO and ASCL to SolGas
Energy, an unqualified company with zero
experience or capacity to operate a mine or steel
plant. This company was headed by Seun
Oyefeso who was close friends with Gbenga
Obasanjo.
7. SolGas fumbled in confusion around Ajaokuta
and Itakpe then illegally sub-consessioned to
Pramod Mittal’s Isplat which was converted to
GINL.
The Barrister accused the Fayemi of selling off
Nigeria's assets to GINL.
"Hon. Fayemi, you said President Buhari handed
over the Chinese firm to you and directed you
“work” with them. I have confirmed that Mr.
President did no such thing. Remember when you
briefed him on your Nickel discovery in Kaduna,
he said “Thank you, but how about Ajaokuta? Are
the Russians on ground?”. To which you
responded, “I am working on it “.
"No sir, you are not working on it. What you are
working on is creating another kangaroo team of
consultants headed by PwC amongst others who
will supervise the Ajaokuta bid to produce your
desired “technically and financially” qualified
company.
"Sir, you also know that Nigeria doesn’t owe GINL
one penny. You know the presidential committee
reports hold no water and that GINL should not
spend a day in Itakpe not to talk of 7 years.
Sadly more, you didn’t tell Nigerians that the
GINL reconsession is renewable for additional 10
years. That means 17 years in all... Why sell
Nigeria off for nothing? Why??"
Natasha urged President Buhari to put in place an
economic team and visit Putin.
"Let Russia say “No, Nigeria. We are not
interested in developing your steel sector
anymore” , then we can look elsewhere. Until
then, please don’t go on a wild goose chase
organizing a tendering and bid process of
Ajaokuta and treat her like as a business.
"Ajaokuta is a national service and needs
economic partners not business partners to revive
her," she added.
|
Religion / Re: 136 Christians Convert To Islam In Kwara State by xguy(m): 11:55am On Jan 28, 2016 |
-@malvis212 take note -Your wicked Jesus killed the harmless fig tree, simple because it does not produce fruit. Go ahead and kill the baren woman and Enoch. - your ignorant Jesus don't know the day of judgment yet, promised to save you thay day. - you coward Jesus didn't want to die for you instead begged that the cup pass before him. I your own interests read mathew chapter 21 V 33 to the end and seek God to be your guide. Don't forget that God proclaimed in the bible that "i am what I am and beside me there is none" It is a shame that your God who commanded that let there be light and there was light cannot say I forgive you and you are forgiven unless he takes the life of his innocent son. Don't insinuate that your God is a ritualist. Lets you will be likened to Okija worshipper. |
Politics / Re: FG Permit States To Explore Solid Minerals In Their Domains by xguy(m): 4:20am On Jan 15, 2016 |
great great Kogi state, what are you waiting for, did you hear that. [b]great great Kogi state, what are you waiting for, did you hear that. [/b]great great Kogi state, what you waiting for, did you hear that. |
Politics / Re: Open Letter To President Muhammadu Buhari On His Recent Appointments by xguy(m): 12:37am On Aug 30, 2015 |
Its only nigerian that didnt work wanted to eat hnmmm 4get d past soon #GEJ |
Politics / Ex-president Truncating Buhari Plan On Corruption by xguy(m): 8:58pm On Aug 11, 2015 |
Nigerian youth i dont know if i am the only one worry about the peace committee lead by Abdulsalami. Serious am worry |
Politics / Re: 9 Kogi Workers Die Of Hunger Waiting For Unpaid Salaries by xguy(m): 5:54pm On Aug 09, 2015 |
some people come here and start commenting, Wada is PDP governor which APC Governmt ve not look into..... Wada-PDP is kill Kogi State. take NOTE WADA PDP Most 2016 |
Politics / Re: Buhari Appoints Lawal Musa-Daura As SSS Director General by xguy(m): 5:22pm On Jul 02, 2015 |
Tell us GEJ cabinet enemies of peace 1 Like |
Politics / Re: Journalists Queue For Food In Kogi Government House - Photos by xguy(m): 4:04am On Jul 02, 2015 |
I will tell u kogi state is the poorest state in these country, no wonder jonalist never care to report this, all is nt well in kogi teacher no salary, civil sarvant half salary, pls we need help....... |
Politics / Re: Lawyers Drag Gbajabiamila To Court Over Speakership Position by xguy(m): 9:11am On Jun 05, 2015 |
There is something about APC that unique, like it or not. They unvailing everything... Really change is here |
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