Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Coldfeet(f): 4:33pm On Feb 16, 2015 |
francizy:
So these are Igbo names too: Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman, Abubakar Jubril and Ashiru B. Aliu, with Saleh Jambo as Chairman, R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman, Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, John Brunner and Emmanuel Ojei, Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman, and about hundred more that I couldn't copy and paste here..?
Why are we quick to tribalise everything? Do you have to always take a swipe at the Igbos? Why don't you live and let live. The truth in all these is that there are as much of Yoruba names and Hausa names listed there but you were blinded all thru those names and your eyes and brains could only see and comprehend the Igbo names.
Let us continue in our worthless tribalistic nature and still hope for Nigeria to get better. It will only get worse
I pray God wipes all Nigerians out both home and abroad so that a new Nigeria will be born because our stupidity knows no bound.
Shame on this country and whatever is remaining of it... Ilekeh at it as usual, i saw more northern and SW names there than the so called igbo names. like a poster said Nigeria is united when it comes to stealing. 4 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Ilekeh(f): 4:36pm On Feb 16, 2015 |
Eluwilussit:
I was surprised as well. I have said it before, this is a clique issue. It may favour some people more but that's natural. When they share our wealth, they no dey remember region or religion.
But seriously, this is madness. We need our wealth back. Is there any need for individuals to own the blocks? Someone who knows, please enlighten us. You won't get your wealth back because according to some, the problem is that it's not shared equally amongst thieves from major tribes. 3 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Izontubo(m): 4:37pm On Feb 16, 2015 |
francizy:
So these are Igbo names too: Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman, Abubakar Jubril and Ashiru B. Aliu, with Saleh Jambo as Chairman, R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman, Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, John Brunner and Emmanuel Ojei, Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman, and about hundred more that I couldn't copy and paste here..?
Why are we quick to tribalise everything? Do you have to always take a swipe at the Igbos? Why don't you live and let live. The truth in all these is that there are as much of Yoruba names and Hausa names listed there but you were blinded all thru those names and your eyes and brains could only see and comprehend the Igbo names.
Let us continue in our worthless tribalistic nature and still hope for Nigeria to get better. It will only get worse
I pray God wipes all Nigerians out both home and abroad so that a new Nigeria will be born because our stupidity knows no bound.
Shame on this country and whatever is remaining of it... dont mind the fool that was quick to mention the ibos when he knows that majority of the blocks are owned by the northerners and yorubas...this is the simple reason why they want power back...to oppress and collect what is not theirs... 5 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Eluwilussit(m): 4:41pm On Feb 16, 2015 |
Ilekeh:
You won't get your wealth back because according to some, the problem is that it's not shared equally amongst thieves from major tribes. Oh, so thats the problem? I don die o. So what can we do to get our national wealth back? Our youths are so asleep. Who will wake them up? |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Mrchippychappy(m): 4:43pm On Feb 16, 2015 |
rusher14: In addition, please find a comprehensive list of oil block owners in Nigeria:
others described as independent marginals produced 102,797bpd.
Indigenous Operators
S/No
Name of Operator
LicenCe
Year of Award
Names of Directors/shareholders
1
Alfred James Petroleum
OPL 302
1991
[size=15pt]Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman [/size] 2
Soglas Nigeria Limited
OPL 226
1991
Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman
3
NorthEast Petroleum
OPL 215, 840 &902
1991
Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman
4
Optimum Petroleum
OPL 310
1992
R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman
5
Sunlink Petroleum
OPL 238 & OPL 311
1993
[size=15pt]Olaniyi Olumide, Hayford Alile, Samuel Bolarinde,[/size] Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei
6
Express Petroleum
OPL 108 & 227
1995
[size=15pt]Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman[/size]
7
Dubril Oil Co. Nigeria
OPL 96
1987
B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.
8
Amni Int. Petroleum
OPL 112 &117
1998 &1999
E.C Edozien, [size=15pt]Tunde Afolabi with Sanni Bello as Chairman[/size]
9
Atlas Petroleum Int. Nig Ltd
OPL 109
1996
Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman
10
Consolidated Oil
OPL 103, 458, 136
1993, 1998 &2006
[size=15pt]O. Adenuga and Mike Adenuga [/size]as Chairman
11
Oriental Energy Resources
OPL 115
1999
[size=15pt]Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman[/size]
12
Cavendish Petroleum Nig. Ltd
OPL 110
1996
[size=15pt]Gambo Gubio with Mai Deribe as Chairman[/size]
13
Allied Energy Resources Nig. Ltd
OPL 120 & 121
2001
[size=15pt]Mickey Lawal as Director with Kase Lawal as Chairman[/size]
14
Peak Petroleum
OPL 122
2001
[size=15pt]Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman[/size]
15
Summit Oil Nig. Limited
OPL 205 and 206
1990
[size=15pt]L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman[/size]
16
Crownwell Petroleum Ltd
OPL 305 AND 306
1993
[size=15pt]S.K Adejumo with Sair Kuashi as Chairman[/size]
17
Famfa Oil Ltd
OPL 216 (OML 127)
1993
[size=15pt]Folorunso Alakija wit Modupe Alakija as Chairman[/size]
18
MoniPulo
OPL 114, 239, 234, 231
1999, 2008, 2008, 2007
F.A. Agama with O.B. Lulu Briggs as Chairman
19
[size=15pt]Yinka Folawiyo ,S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo [/size]as Chairman
20
Zebbra Energy Limited
OPL 248
2004
S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as Chairman
21
Oil and Gas Limited
OPL 249 and 140
2003, 2006
M.O. I drisu with Reggie Uduhim as Chairman
22
Continental Oil and Gas Limited
OPL 59
1998
Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman
23
Emerald Energy Resources
OML 141
2001
J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri, Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman
24
Oranto Petr. Limited
OPL 320
2002
Arthur Eze as Chairman
25
Dajo Oil Limited
OPL 320
2004
R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman
26
Malabu
OPL 245
Dan Etete as Chairman
27
Orient Energy
OPL 915, 916
N. Nwawka with Emeka Anyaoku as Chairman
28
Sahara Energy Exploration
OPL 284, 228, 332
2005, 2006
Buba Lawal, Cole Tonye, Odunsi Ade as Diectors
29
Enageed Resources Limited
OPL 274
2007
Buba Lawal, Cole Tonye, Odunsi Ade as Diectors
30
Seplat
OPL 4, 38, 41
2010
A.B.C. Orjiako and Austin Avuru
31
Ekcrest E & P Limited
OPL 40
2012
Emeka Offor as Chairman
32
First Hydrocarbon
OPL 26
2011
O.A Azazi as Chairman
33
Neconde
OPL 42
2011
Amesi Azudialu, John Umeh, Nnenna Obijesi
34
Niger Delta Western
OPL 34
2012
[size=15pt]Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore[/size]
35
Transcorp
OPL 281
2011
Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye
36
Starcrest, Cross River Energy & NPDC
OPL 242
2011
Emeka Offor, Chris Garuba
37
Starcrest
OPL 291
Emeka Offor, Gidado Idris, Yzoni Yaw
38
South Atlantic (SAPETRO)
OPL 264 (130)
1998
Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman
39
Oando
OPL 278, 236
2005, 2006
[size=15pt]Magoro, J.A. Tinubu, M.O. Osunsanya, O. Adeyemo, Oba Gbadebo [/size]
40
Ashbert
OPL 325
Albert Esiri, Ifeoma Esiri
41
Oil World
OPL 241
2007
[size=15pt]Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola[/size]
42
Pan Ocean
OPL 98, 275
1976, 2007
[size=15pt]F.A. Fadeyi, M.D. Yuduf, S.D. Adeniyi[/size]
43
Cleanwater Consortium
OPL 289
2007
Arumeni-Ikhide Joseph, Okey Nzenwa, Abu Ibrahim
44
Afren Global Resources
OPL 907, 917
2005, 2008
Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh
45
Centrica/CCC/All Bright Consortium
OPL 276, 283
2005, 2006
Jake Mirica, John Sheers
46
Gas Transmission & Power Ltd
OPL 905
2005
Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda
47
Global Energy Company Limited
OPL 135
2005, 2010
S.A. Onabiyi, M.A. Koshoni, T.T. Anyansho, J.N. Obiago
48
New Nig. Devt. Company
OPL 733,809, 810,722
Northern State governors
49
Tenoil Petroleum Energy Services
OPL 2008
2007
Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola, Nicholas Okoye, with Elumelu as Chairman
Marginal Fields Operators
S/No
Name of Company
Licence
Year of Award
Names of Directors/Shareholders
1
Niger Delta Company
Ogbele (OML 54)
1999
Aret Adams, Uduimo Itsueli, Sammy Olagbaju, David Richard, Udi Ibru and Fatona Layi
2
Prime Petr. Ltd & Suffolk Petr
Asaramaroru (OML 11)
2003
MacPepple Henry, Macpepple Joy, Macpepple Emmanuel, Macpepple Elfrida and Macpepple Victoria
3
Oriental Energy
Owok (OML 67), Ebok
2006, 2007
Alhaji Indimi, Usman Danburran
4
Universal Energy
Stubb Creek Field (OML 13/14
2003
Amana Nkoyo, Mianaekere Nelson, Abubakar Hayatou, Mboho Emmanuel, Ekpo Akpan, Inyang Etim (Akwa Ibom Govt)
5
Eurafric Energy Limited
Dawes Island (OML 54)
2003
Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Eastus
6
Pillar Oil Limited
Umusati/Igbuku (OML 56)
2003
Onosode G.O, Fadahunsi O, Amakiri J., Hassan-Katsina Usman, Tonwe Basife, Obaseki Godwin, Akoyomare Ambrose, Fisher Abayomi, Anaekwena Anthony, Avuru Spencer, Onosode Spencer, Hassan-Babangida
7
Bayelsa Oil Company
Atala (OML 46)
Bayelsa Govt, Brigidi David, Alamieyesheiga Anitonbrapa, Ifimain Ekine, Jonathan Selereipre, Enddeley Francis, Chinwetelu Chris, Willians E.J., Aliyu Abubakar
8
Movideo E&P
Ekeh (OML 88)
Idau Sadiq, Jacobs Kayode, Enahoro Victor, Mohammed Aishatu, Tugger Yusuf, Okwuaive Iyabo, Sadare Raymond
9
Bicta Energy
Ogedeh (OML 90)
Adesemowo G.A, Bashir MM, Onumodu Soye, Akinro C.A, Malberbe T. Unejei T
10
Guarantee Petrr & Owena Oil
Ororo (OML 95)
Rufus Giwa, Ayodele Johnson, Fayose Abiodun, Unuigbe Odion, Omobomi Samuel, Rotimi Luyi, Adefarati Tunde, Duyie Korede, Ojo Segun, Ogedengbe Dele, Aidi Abass, Adegbonmire Wunmi, Amoye Mofisco, Ebiseni Sola, Oladunni Solomon, Agoi-George Segun, Akinruntan F.E, Hassan AlGazali, Eburajolo Victor, S.A. Ajayi
11
Platform Petroleum Limited
Egboma (OML 38)
Edmund Daukoru, Avuru Austin, Amachi Moshe, Adegoke Oluwafeyisola, Addo-Bayero Nasir, Ewendu Chidi
12
Sogenal Ltd
Akepo (OML 90)
Funso Lawal, Joda Abubakar, Harriman Hope, Odu Bunmi, Edohoeket Samuel, Yahaya Mohammed, Dada Nicholas, Yellowe Kenneth
13
Chorus Energy
Amoji (OML 56)
Akerele Chris, Mamman Samaila, Ihetu G.S. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba
14
Millennium Oil and Gas
Oza (OML 11)
Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk
15
Brittania U-Nigeria
Ajapa (OML 90)
Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O
16
Network E & P
Qua Iboe (OML 13)
Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi
17
Waltersmith Petroman & Morris Petr.
Ibigwe (OML 16)
Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius
18
Midwestern Oil & Gas & Suntrust Oil
Umsadege (OML 56 )
Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah
19
Independent Energy Limited
Ofa (OML 30)
Ikelionwu Emeka, Ohunmwangho Steve, Yar'Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma
20
Del Sigma
KE (OML 55)
Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru
21
Associated Oil & Dansaki Petroleum
Tom Shot Bank (OML 14)
Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina
22
Frontier Oil Limited
Uquo (OML 13)
Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu
23
Energia Limited & Oando Prod. Devt Ltd
Ebendo/Obodeti (OML 56)
Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando
24
Goland Petroleum Devt. Company
Oriri (OML 88)
Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi
25
Excel Exploration & Production
Eremor (OML 46)
Abiodun Awosika as shareholder
26
Sahara Energy & African Oil Ltd.
Tsekelewu (OML 40)
Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bently John, Ciroma Musa, Odili Obi F., Du-Frayer
27
Green Energy International Ltd
Otakikpo
A.A. Olojede as shareholder
28
All Grace Energy
Ubima (OML 46)
Adeola Adenikinju, Sola Alabi
http://www.thisdaylive.com/articles/real-ownership-of-indigenous-oil-blocks-revealed/142113/ THIEVES AND GENERATION OF VIPERS!!! THEY HAVE NO RESOURCES AND YET THEY WOULDN'T LEAVE THE RESOURCES OF THE SOUTH SOUTH ALONE. THEY WANT TO CHOP OIL MONEY BUT THEY DON'T RESPECT OR APPRECIATE THE PEOPLE FROM THAT ZONE ! 3 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Izontubo(m): 4:55pm On Feb 16, 2015 |
Mrchippychappy:
THIEVES AND GENERATION OF VIPERS!!! THEY HAVE NO RESOURCES AND YET THEY WOULDN'T LEAVE THE RESOURCES OF THE SOUTH SOUTH ALONE. THEY WANT TO CHOP OIL MONEY BUT THEY DON'T RESPECT OR APPRECIATE THE PEOPLE FROM THAT ZONE ! I curse the niger deltans who have chosen to support these blood suckers...I spit on them... |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by faithin9ja: 5:06pm On Feb 16, 2015 |
PassingShot: When are we going to start taking back all these oil blocks? And give to who? You? Buhari? Tinubu? El-Rufai, Amaechi, Atiku......same same 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by bogolobango(m): 5:19pm On Feb 16, 2015 |
@ilekeh but our yoruba name and hausa na dem plenty pass
Chaiii 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by manuroq(m): 5:24pm On Feb 16, 2015 |
It's a pity when things like this comes up and there would be nobody to ask issues that matters. Where the hell are things happening like this? Nigeria. This just took my mind during the time of my saviour on his way to calvary, he was weak and turned to the people following him, telling them to stop weeping for him and weep for themselves. Yes! We pray everyday to God knowing fully we the ones holding our neighbour down. Pilgrimage my foot! The thought of the wealthy men building mansion with hundred rooms get me sick, and the thought of them having estates that remain empty (unoccupied) because of high rent makes me more sick. Would such practices ever change? When? |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by emedy(m): 5:26pm On Feb 16, 2015 |
all these names,they out to be locked,tortured and parts of their body cut out lil by lil starting from their tongue until the give up every stole penny.. There should be uprising and revolution.
This article informs us all that Nigeria needs an upright Dictator. |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by rusher14: 5:33pm On Feb 16, 2015 |
Mrchippychappy:
THIEVES AND GENERATION OF VIPERS!!! THEY HAVE NO RESOURCES AND YET THEY WOULDN'T LEAVE THE RESOURCES OF THE SOUTH SOUTH ALONE. THEY WANT TO CHOP OIL MONEY BUT THEY DON'T RESPECT OR APPRECIATE THE PEOPLE FROM THAT ZONE ! [b]No need to bring bigotry into business. Kase Lawal for instance owned oil blocks in the US before extending his tentacles to his country of origin. There are equally people from the Niger Delta who've ventured into the business such as Avuru, Briggs who you fail to mention. I also see that names like Offor you failed to highlight for whatever reason you deem necessary. I'm equally from the Niger Delta and I think we tend to overhype oil. Yes, many have become stupendously rich from this venture but you should also realise not all are making a killing. Oil isn't the only source of revenue for individuals, companies or nations. IT brings in more income for instance than you can even imagine if in doubt look at how much Apple makes compared to our country. Many of the oil blocks you see hardly produce enough to offset the initial costs. I can never begrudge anyone who's followed due process in acquiring an oilfield or wealth in any form. I think we all should do the same.[/b] 2 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by vislabraye(m): 5:39pm On Feb 16, 2015 |
nke001: And this is y they want to get into power by all means just to retain the people' resources come 2017.
We are watching. If Buhari comes, will he change the status quo ? Since GEJ can not fight these cabals. It's so sickening. |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by 36STATES: 6:01pm On Feb 16, 2015 |
rusher14:
[b]No need to bring bigotry into business.
Kase Lawal for instance owned oil blocks in the US before extending his tentacles to his country of origin.
There are equally people from the Niger Delta who've ventured into the business such as Avuru, Briggs who you fail to mention.
I also see that names like Offor you failed to highlight for whatever reason you deem necessary.
I'm equally from the Niger Delta and I think we tend to overhype oil.
Yes, many have become stupendously rich from this venture but you should also realise not all are making a killing.
Oil isn't the only source of revenue for individuals, companies or nations.
IT brings in more income for instance than you can even imagine if in doubt look at how much Apple makes compared to our country.
Many of the oil blocks you see hardly produce enough to offset the initial costs.
I can never begrudge anyone who's followed due process in acquiring an oilfield or wealth in any form.
I think we all should do the same.[/b]
Imo state produces 6% of Nigerian’s 2.9 million barrels of oil per day. That is 174,000 bpd. When oil was $130, that amounted to $22.6 million per day and $8.3B a year. Today, oil is $50 that means Imo State is generating £8.7 million per day. That is $3.2B per year. Abia State produces even more, Anambra a little less. The whole of south south produce almost 75 of the remaining. Now how much do all the Yoruba states contribute to the running of Nigeria? We in the east and south south are subsidizing both Hausas and Yorubas. You guys should be grateful for ones to those that are keeping you breathing. You can’t change the facts on the ground by following Joseph Gobble’s mantra: repeat a lie as often as possible and people will begin to think it’s true. Those of you that hate Igbos and south south people will never see progress because nobody bites the hand that feeds him/her without inviting the anger of God upon him and the family. 4 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by EreluY(f): 6:08pm On Feb 16, 2015 |
[size=16pt]EITHER BY OMISSION OR COMMISSION, BUHARI'S NAME ISN'T MENTION IN THIS PIECE IN TERMS OF RECEIVING OR ALLOCATING OIL FIELD, MEANING HIS HANDS ARE CLEAN. NOTED.[/size] |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by olalerujb: 6:16pm On Feb 16, 2015 |
My heart bleed as I read the write up by Rev. Obinna, God bless you sir for this revelations. Wickedness of the highest level. Dont know why some people are head bent in inflicting pains on humanity. The people at the corridor of power use everything to oppress Nigerians. They enslave and hold everybody captive in a country blessed with numerous natural resources. No feelings, no plan, no conscience by these lucifer called leaders. The pains on the land will continues untill every citizen of this country cry to Almighty God in one accord for liberation. We play to their hands always because they have divided us along religion, ethnic, cultural, and social lines. POVERTY everywhere in the midst of abundant resources. My prayer is that the Judgement of God should come upon everyones that has cause Nigerians pain. 2 Likes |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by EreluY(f): 6:19pm On Feb 16, 2015 |
olalerujb: My heart bleed as I read the write up by Rev. Obinna, God bless you sir for this revelations. Wickedness of the highest level. Dont know why some people are head bent in inflicting pains on humanity. The people at the corridor of power use everything to oppress Nigerians. They enslave and hold everybody captive in a country blessed with numerous natural resources. No feelings, no plan, no conscience by these lucifer called leaders. The pains on the land will continues untill every citizen of this country cry to Almighty God in one accord for liberation. We play to their hands always because they have divided us along religion, ethnic, cultural, and social lines. POVERTY everywhere in the midst of abundant resources. My prayer is that the Judgement of God should come upon everyones that has cause Nigerians pain. THESE IDIOTS ALSO KILLED KEN SARO WIWA AND MANY OGONI PEOPLE WHILST SHARING RESOURCES NATURALLY DEPOSITED ON THEIR FARMLANDS AND BACKYARDS. 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by sdavirus: 6:27pm On Feb 16, 2015 |
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Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by darediamond(m): 6:33pm On Feb 16, 2015 |
As a Yoruba man, I put a long Aaaaaaaaaaaaaaaaaaaaaaaaamen and Aaaaaaaaaaaalelluyah! So shall it bé IJN. DrPrickson: Its terrible making me to read this. ... Millions don't even have up to 1k in their wallet or bank account while a few are racking in million of dollars per day, on top of our common wealth. Its even more painful for the people of niger delta. We r the ones to suffer the effect of oil explorations, and all the tragedies that comes with the oil, but we have nothing to show for our pain. People from far away lands are feeding fat from the resources under our legs but here we are starving. They say our son is not good enough to govern. They want to return to power in order to continue raping our resources. But this time, they have failed. God must surely punish all those behind these corrupt allocations of oil blocs , especially OBJ.
Btw #AmaechiIsAToad. 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by darediamond(m): 6:43pm On Feb 16, 2015 |
You ended your comment wrongly big time. Never uyou say GEJ till 2019 again. Start saying GEJ till the FAKE country called "Naigeria" get dissolved. GEJ till we revert back to Regional Govermental System OgologoDimkpa: Chai! Little wonder Thie!fnubu is pushing Bukohari so as to acquire his own oil wealth. Never? Infact , let every region manage it's own resources. ![](/faces/huh.png) Enough of all these deception in the name of one Nigeria.
GEJ till 2019!!! 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Nobody: 6:44pm On Feb 16, 2015 |
Damn! ![](/faces/huh.png) ....... |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by KLand(m): 6:46pm On Feb 16, 2015 |
The sharing of Niger Delta wealth to the people from other regions. This is a sorry case. God help Nigeria. |
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Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by nicko28(f): 6:59pm On Feb 16, 2015 |
Woo I actually read everything both the comments to this last page, and some of us * Nigerian's here are all joking about this post, if this write up is really true, this is a serious problem in Nigeria, we need to wakeup and fight for our country, we need a group of hero's who can fight for this country( freedom fighter ) but I don't think anybody we volunter because no body want to die. No wonder all this so called oil bloc owner buying properties as if they are buying bottles of water on the street, one of them just bought his girlfriend a 4 bedroom detached duplex in chevron view drive 80 million naira, about 450,000 US dollars, i know the kind of home that will buy me in the state, go to lekki phase 1, lekki counting home in chevron drive, ikoyi and victoria lsland you will see many properties own by this so call oil bloc them, while some of us struggle to own half of plot of land. They live in a service apartment which they pay 8 million per annum and pay about 2 to 3million for services charge. We Nigerian keep saying God will help us no No God will not help us, we need to help ourself. Ask me how, first say no to corruption, any type, if u are in position to review the true and u have evident to back it up about any body or group of people u know that have destroyed or are destroying Nigeria in one way or the other pls let the whole world know, be our hero or you are out there, u know u can help this country not because for ur own benefit but for all of us pls come out and do something. One things I want to say to those who have destroyed or destroying Nigeria in one way or the other , , u may be enjoying the money, the power or the position ( the chief man , CO, governor etc) today and think u have enough investment for ur childrens and ur grand children but think deeply is more than that. |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by rhames(m): 7:07pm On Feb 16, 2015 |
Orikinla: 30 Facts about Owners of Nigeria’s Richest Oil Blocks in the Midst of National Poverty
~ By Rev. Obinna Akukwe
The richest oil blocks in Nigeria is owned by few dozens of persons while half of 160 million Nigerians live below S1 dollar daily. This injustice and wickedness must be corrected by whosoever wins the elections - whether Buhari, Jonathan, Interim Government, Boko Haram or civilian revolution. When I wrote the report titled ‘How Babangida, Abacha, Abdulsalami, Obasanjo Shared Nigeria’s Oil Blocks’ in April 2012, which was later rephrased as ‘20 Owners of Richest Oil Blocks in Nigeria ’ I had thought that the uproar and public condemnation that followed the report both nationally and internationally will precipitate an administrative investigation into the manner of the awards to sift the transparent deals which passed due diligence from those awarded after some bedroom performances. It is unfortunate that President Jonathan failed to revoke these illegal licenses to few criminals during his first tenure. Instead some more blocks and contracts were given another set of criminals under his watch. Had he taken such actions, the fear of defeat in the pols would have been non-existent because Nigerians from all tribes and faith enslaved by this bondage would have risen in his defense. It is not yet late for Jonathan, Buhari, Interim Government or even Boko Haram which soever succeeds in May 29th to revisit the disturbing sharing of Nigeria’s Oil Blocks to a few persons without recourse to transparency and put it back into the hands of the people.Those who proved they obtained theirs transparently should not be victimized under any circumstances.
Below again are the 30 Facts about the Fraudulent Sharing of Nigeria’s Oil Blocks and those involved (1)The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures. (2)The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts. These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians. (3) Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency. The nation loses billions of dollars in diverted revenue whenever any round of auction occurs. Some of these oil field has the capacity of between 300,000 -500,000 barrels of oil daily.
(4) OML 110 OBE given by Sanni Abacha in 1996 to Alhaji Mai Daribe under Cavendish Petroleum had 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. This means that $20billion dollars’ worth of oil in the hands of a family or $170 million dollars’ worth of oil daily. (5) 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. (6) OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an in-law to Abdulsalami Abubakar, former Head of State of Nigeria. (7) 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. (9) OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata. Obasanjo , with the help of Andy Uba, awarded OPL 2008 to Tenoil Petroleum & Oil Services owned by Tony Elumelu and Jim Ovia (10) OPL 2009 and 2010 were awarded to Global Energy Group owned by Chief Suleiman Onabiyi and Joseph Obiago . That is why a lot of major players in the oil industry owes Obasanjo and Andy Uba a lot. (11) OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo. Asuopku/Umuntu ( Egbema marginal oil fields) was awarded to Platform Petroleum in 2003 by Obasanjo. (12) In 2010 Platform Petroleum (owned by Edmund Daukoru,a Bayelsa prince and Lulu Briggs among others) and Seplat ( owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi) teamed up in landmark partnership to manage the venture. (13) Intel owned by Atiku, Yar’adua 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.
(14) OML 112 is estimated to have 130 million barrels of oil valued with the current price of $100 dollars per barrel at S13 billion dollars with 25 year lease.
(15) 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. (16) 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
(17) 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 $20billion dollars. (18) 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. (19) 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. (20) 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.
(21) 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. (22) 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.
(23) 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. (24) During the time of Late President Yar’adua , 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. (25) 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 sold to Heritage Oil for $800 million dollars eleven months later. (26) This oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars. (27) This 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. (28) In the name of competitive bidding, which Obasanjo introduced in 2005, officials bring companies overnight and through processes best described as secretive and voodooist, awards blocks to party faithful, fronts and phoney companies. They collect gratifications running into hundreds of millions of dollars which is paid into offshore account and the nation loses billions of dollars of revenue to private pockets.
(29) During the third term agenda, Obasanjo was deceived that the allocation of oil block to party faithfuls is to fund the third term agenda. With the failure of the third term, the beneficiaries went home with their fortunes and thanked God or Allah for buttering their bread. Senator Andy Uba coordinated the award of the last rounds of oil blocks by Obasanjo in 2005 and 2007. The then minister of petroleum, Edwin Daukoru was a mere errand boy who took instructions from the presidential aide. (30) The regime of President Goodluck is not showing any signs of changing the status quo. Controversies have trailed the activities of the Minister of Petroleum, Diezani Madueke and many players in the Industry accuse her of demanding stakes from every oil deal. Diezani Madueke had also soiled herself in different oil deals and also awarded oil contracts to fictitious companies.
It is hoped that President Goodluck Jonathan will remember his transformational promise to Nigerians and endeavor to face the hawks in the oil industry. The angst in the air is so much that if this monster of illegal allocation of oil block is not addressed, the much touted revolution could begin all of a sudden and all who condoned this illegality at the expense of hungry Nigerians may have nowhere to hide. The religious leaders should tell these oil block beneficiaries, awarders, fronts, brokers and all involved in short changing the Nigerian people to find means or returning all these back to the Nigerian people, through massive development projects. They should curtail their constant visits to Mecca, Medina and Jerusalem for prayers and attend to the poverty they spread in the land. They should build affordable secondary schools, universities, specialist hospitals, roads, silos, etc for the Nigerian people. They should fund talent development programmes and sponsor activities capable of alleviating poverty. The voice of impoverished Nigerians is crying daily and if care is not taken the God who delivered Nigeria from Abacha dark days will visit them with calamities untold. With the rot in this oil block awarding system and other loot all over the Nigerian nation, something worse than revolution may happen. (This article was first published in April 2012)
********** Obinna Akukwe is the Director General, Igbo Mandate Congress (IMC) profetobinna2@yahoo.com....@ObinnaAkukwe....facebook.com/pages/Obinna Akukwe
http://www.informationng.com/2015/02/opinion-30-facts-about-owners-of-nigerias-richest-oil-blocks-in-the-midst-of-national-poverty-by-obinna-akukwe.html
An upon all these estimates, which of these companies owned by the Nigerian elites has built a refinery in the country? What a shame? 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Nobody: 7:32pm On Feb 16, 2015 |
rhames:
An upon all these estimates, which of these companies owned by the Nigerian elites has built a refinery in the country? What a shame? Drilling for oil is easy. You are just bringing out the unrefined crude for sale.Which is what those oil bloc guys are doing. Building a refinery? Essentially....a refinery turns crude into petrol, diesel, kerosene, Aeroplane fuel, engine oil....and a host of other products...including petroleum jelly. That means a lot of specialized equipment....which means a lot of money.A whole lot of money. Dangote plans to build a refinery for $9bn.....$3Bn of which is his own money....the remainder is a loan from the bank. I doubt anyone on the above list is THAT rich.(unless they all want to pool resources together to build us a refinery.) 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by francizy(m): 8:22pm On Feb 16, 2015 |
Ilekeh:
So the problem is that there are more Yorubas and Hausas than Ibos sharing Nigerian oil?
Lol if that's the problem you have with it, then case closed. You're not ready for a new Nigeria.
All I'm saying it, Ibos also steal from "our oyel". Just agree that your post was tribalistic and dumb, don't try to make it look like you passed a message there cuz you didn't... Keep on walking in these steps, train your children in these steps and make sure they pass it down to your grand children, then still preach one Nigeria to them... After that come back to Nairaland and tell us what your children think/say about you. Peace... 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by olaeffect(m): 8:23pm On Feb 16, 2015 |
later they will tell us they got rich via hard work.
God let things turn to my turn ooo!!! |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by NoContract(m): 8:35pm On Feb 16, 2015 |
modestbrowser: Very long.
Its just long and boring.
So boring its not interesting.
Wetin you sabi pass Nairabet and Jedi. People like you (and those that 'liked' your post) are one of the reasons Nigerians don't have basic amenities. Because the money supposed to be used are being looted by some certain oil block goons. Fool. Go play your Nairabet. Educated illiterate. If you want to hide something from a black man, put it in a book. They dont read. |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Nobody: 8:43pm On Feb 16, 2015 |
Orikinla: 30 Facts about Owners of Nigeria’s Richest Oil Blocks in the Midst of National Poverty
~ By Rev. Obinna Akukwe
The richest oil blocks in Nigeria is owned by few dozens of persons while half of 160 million Nigerians live below S1 dollar daily. This injustice and wickedness must be corrected by whosoever wins the elections - whether Buhari, Jonathan, Interim Government, Boko Haram or civilian revolution. When I wrote the report titled ‘How Babangida, Abacha, Abdulsalami, Obasanjo Shared Nigeria’s Oil Blocks’ in April 2012, which was later rephrased as ‘20 Owners of Richest Oil Blocks in Nigeria ’ I had thought that the uproar and public condemnation that followed the report both nationally and internationally will precipitate an administrative investigation into the manner of the awards to sift the transparent deals which passed due diligence from those awarded after some bedroom performances. It is unfortunate that President Jonathan failed to revoke these illegal licenses to few criminals during his first tenure. Instead some more blocks and contracts were given another set of criminals under his watch. Had he taken such actions, the fear of defeat in the pols would have been non-existent because Nigerians from all tribes and faith enslaved by this bondage would have risen in his defense. It is not yet late for Jonathan, Buhari, Interim Government or even Boko Haram which soever succeeds in May 29th to revisit the disturbing sharing of Nigeria’s Oil Blocks to a few persons without recourse to transparency and put it back into the hands of the people.Those who proved they obtained theirs transparently should not be victimized under any circumstances.
Below again are the 30 Facts about the Fraudulent Sharing of Nigeria’s Oil Blocks and those involved (1)The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures. (2)The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts. These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians. (3) Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency. The nation loses billions of dollars in diverted revenue whenever any round of auction occurs. Some of these oil field has the capacity of between 300,000 -500,000 barrels of oil daily.
(4) OML 110 OBE given by Sanni Abacha in 1996 to Alhaji Mai Daribe under Cavendish Petroleum had 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. This means that $20billion dollars’ worth of oil in the hands of a family or $170 million dollars’ worth of oil daily. (5) 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. (6) OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an in-law to Abdulsalami Abubakar, former Head of State of Nigeria. (7) 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. (9) OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata. Obasanjo , with the help of Andy Uba, awarded OPL 2008 to Tenoil Petroleum & Oil Services owned by Tony Elumelu and Jim Ovia (10) OPL 2009 and 2010 were awarded to Global Energy Group owned by Chief Suleiman Onabiyi and Joseph Obiago . That is why a lot of major players in the oil industry owes Obasanjo and Andy Uba a lot. (11) OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo. Asuopku/Umuntu ( Egbema marginal oil fields) was awarded to Platform Petroleum in 2003 by Obasanjo. (12) In 2010 Platform Petroleum (owned by Edmund Daukoru,a Bayelsa prince and Lulu Briggs among others) and Seplat ( owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi) teamed up in landmark partnership to manage the venture. (13) Intel owned by Atiku, Yar’adua 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.
(14) OML 112 is estimated to have 130 million barrels of oil valued with the current price of $100 dollars per barrel at S13 billion dollars with 25 year lease.
(15) 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. (16) 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
(17) 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 $20billion dollars. (18) 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. (19) 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. (20) 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.
(21) 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. (22) 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.
(23) 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. (24) During the time of Late President Yar’adua , 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. (25) 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 sold to Heritage Oil for $800 million dollars eleven months later. (26) This oil block business is so lucrative that Danjuma’s Sapetro divested of its investment in Akpo condensate for $1billion dollars. (27) This 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. (28) In the name of competitive bidding, which Obasanjo introduced in 2005, officials bring companies overnight and through processes best described as secretive and voodooist, awards blocks to party faithful, fronts and phoney companies. They collect gratifications running into hundreds of millions of dollars which is paid into offshore account and the nation loses billions of dollars of revenue to private pockets.
(29) During the third term agenda, Obasanjo was deceived that the allocation of oil block to party faithfuls is to fund the third term agenda. With the failure of the third term, the beneficiaries went home with their fortunes and thanked God or Allah for buttering their bread. Senator Andy Uba coordinated the award of the last rounds of oil blocks by Obasanjo in 2005 and 2007. The then minister of petroleum, Edwin Daukoru was a mere errand boy who took instructions from the presidential aide. (30) The regime of President Goodluck is not showing any signs of changing the status quo. Controversies have trailed the activities of the Minister of Petroleum, Diezani Madueke and many players in the Industry accuse her of demanding stakes from every oil deal. Diezani Madueke had also soiled herself in different oil deals and also awarded oil contracts to fictitious companies.
It is hoped that President Goodluck Jonathan will remember his transformational promise to Nigerians and endeavor to face the hawks in the oil industry. The angst in the air is so much that if this monster of illegal allocation of oil block is not addressed, the much touted revolution could begin all of a sudden and all who condoned this illegality at the expense of hungry Nigerians may have nowhere to hide. The religious leaders should tell these oil block beneficiaries, awarders, fronts, brokers and all involved in short changing the Nigerian people to find means or returning all these back to the Nigerian people, through massive development projects. They should curtail their constant visits to Mecca, Medina and Jerusalem for prayers and attend to the poverty they spread in the land. They should build affordable secondary schools, universities, specialist hospitals, roads, silos, etc for the Nigerian people. They should fund talent development programmes and sponsor activities capable of alleviating poverty. The voice of impoverished Nigerians is crying daily and if care is not taken the God who delivered Nigeria from Abacha dark days will visit them with calamities untold. With the rot in this oil block awarding system and other loot all over the Nigerian nation, something worse than revolution may happen. (This article was first published in April 2012)
********** Obinna Akukwe is the Director General, Igbo Mandate Congress (IMC) profetobinna2@yahoo.com....@ObinnaAkukwe....facebook.com/pages/Obinna Akukwe
http://www.informationng.com/2015/02/opinion-30-facts-about-owners-of-nigerias-richest-oil-blocks-in-the-midst-of-national-poverty-by-obinna-akukwe.html
Even though I can't verify this information, I know for sure that there is an element of truth in it. Thank you Mr Obinna for sharing this with us. |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by pazienza(m): 8:48pm On Feb 16, 2015 |
fkaz: Obinna Akukwe is the Director General, Igbo Mandate Congress (IMC)
What is the interest of Igbo mandate congress in all this write up? Those few Igbos in the list and their cronies,families and well wishers that had managed to get the crumbs from the Odua-Arewa gang up , are usually the ones to scream "one Nigeria" from the roof tops,and go around harrassing innocent Igbos who want out of this "bleeped up" union. |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by VirginFinder: 8:48pm On Feb 16, 2015 |
This issue has been overflogged and is laced with a lot half-truths, outright falsehood and crass ignorance.
A professional in the industry made a thorough analysis of this issue sometime in 2013.
OPL means Oil Prospecting Licence. At that stage no one makes a dime, you have only been allowed to explore the land for oil deposits. And you even pay for the licence.
OML means Oil Mining Licence. However, not all the oil fields are profitable.
In all, only 4 indigenous companies are doing so well in the upstream oil sector where this oil field issue belongs - Adenuga's, Alakija's, Danjuma's and Seplat.
I couldnt find Dangote's name in any of the lists, yet he is richer than all of them.
If the oil fields are so profitable to the tune of billions of dollars, why are most of the beneficiaries not on Forbes' list?
Nonsense! 1 Like |
Re: 30 Facts About Owners Of Nigeria’s Richest Oil Blocks In The Midst Of Poverty by Nobody: 8:51pm On Feb 16, 2015 |
VirginFinder: This issue has been overflogged and is laced with a lot half-truths, outright falsehood and crass ignorance.
A professional in the industry made a thorough analysis of this issue sometime in 2013.
OPL means Oil Prospecting Licence. At that stage no one makes a dime, you have only been allowed to explore the land for oil deposits. And you even pay for the licence.
OML means Oil Mining Licence. However, not all the oil fields are profitable.
In all, only 4 indigenous companies are doing so well in the upstream oil sector where this oil field issue belongs - Adenuga's, Alakija's, Danjuma's and Seplat.
I couldnt find Dangote's name in any of the lists, yet he is richer than all of them.
If the oil fields are so profitable to the tune of billions of dollars, why are most of the beneficiaries not on Forbes' list?
Nonsense!
My guy....that is not the issue....it is all about who is getting more crumbs than I am... ![grin](https://www.nairaland.com/faces/grin.png) And you are right about Dangote. Billionaire....sans oil. When will Nigerians learn? |