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HOW SYLVA, MAMMAN DAURA, ALLEGEDLY FORGED BUHARI’S APPROVAL, BLACKMAILED DPR TO AWARD OIL BLOCS TO EMEKA OFFOR

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The minister of State Petroleum, Timipre Sylva and Mamman Daura, an uncle to president Mohammadu Buhari, connived and forged the President’s approval to revoke four oil licenses belonging to Addax Petroleum, a Chinese-owned oil company, according to new information obtained by Pointblanknews.com.

Buhari had last week ordered the reversal after the deal leaked.

The Department of Petroleum Resources (DPR) head Sarki Auwalu had announced the revocation of four licenses held by Addax Petroleum.
Chinese-owned Addax lost OML 123, 124, 126 and 137.

Auwalu had alleged that Addax lost the four licenses because it failed to carry out work on the licenses and had “refused to develop the
assets”.

“This failure is economic sabotage”, the director said, pointing to
grounds under the Petroleum Act laid out for revocation of a license.

But sources told Pointblanknews.com that the trio of Sylva, Daura and Offor had met and worked out a strategy to snatch the oil licenses from Addax.

Part of the plot according to an insider at the Ministry of Petroleum was to use Daura to inform the DPR Director Auwalu of Buhari’s approval
to revoke Addax licenses.

Sources told us that once Auwalu was contacted by Daura and blackmailed, he immediately agreed, fearing he might be kicked out of his job if he does not play along.

According to sources, Auwalu wrote to Addax and informed them of the decision of the Government to revoke OML 123, 124, 126 and 137.

The DPR awarded the blocks to Kaztec Engineering and Salvic Petroleum Resources. Both companies are owned by Offor and fronts for Daura and Sylva, according to sources familiar with the deals.

“Addax knew the potential of the asset, but [it] refused to develop it. This state of underdevelopment is against the principle of the PetroleumAct and constitutes revenue loss to the government,” Auwalu said after announcing the revocation.

OMLs 123 and 124 were expected to expire in 2022 while OMLs 126 and 137 will expire in December 2024 and May 2027 respectively, according to the
Nigerian Oil Industry Annual Report published by the DPR.

Sources told Pointblanknews.com that DPR reasons for revoking Addax
licenses were not enough to do so as the field were producing and Addax
also paying royalties.

Jolted by the revocation, sources told pointblanknews.com that the Chinese Government reached out to President Buhari and demanded
explanations.

A shocked Buhari was said to have washed his hands off the decision, and immediately demanded the reversal.

“They went bullied and blackmailed the DPR Director, took away Addax four licenses. When the President was confronted with it by the Chinese,
he was shocked. He immediately demanded they reversed the decision,” a Presidency source told Pointblanknews.com.

According to the source who does not want to be named, “This is how they go about using the President’s name to defraud the nation. Mamman Daura is using Emeka Offor as front. Mamman Daura’s son is always with Offor.”

Recall that Addax awarded works to Kaztec over the years, including on OML 123. The operator got into trouble over some of its awards to Kaztec. A 2016 report from Deloitte raised concerns over more than $80million paid by Addax to the engineering company.

Addax declared force majeure on its contracts with Kaztec in 2015. Kaztec is developing a fabrication yard at Snake Island, in Lagos State. This work was thrown into jeopardy following Addax’s move.

China’s state-owned Sinopec acquired Addax in 2009. The loss of the four licences would have left Addax with just one stake in the Okwok marginal
field.

Addax was supposed to supply gas to a planned gas processing plant, which is at the heart of a legal scandal involving P&ID and the state of
Nigeria. OML 123 was to provide gas. According to legal filings, Addax was initially interested in supplying gas but withdrew its support in June 2012.

Sources told us that the duo of Sylva and Daura have often connived, forged, or used the President’s name to loot the oil industry. The source mentioned the recently concluded sales of marginal field licenses.

 

  • Pointblanknews

Society

Billionaire Femi Otedola’s mother, Christine, receives prestigious Papal honour…

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In a remarkable recognition of her selfless service to the Catholic Church and society, Mrs Christine Doja Otedola, mother of renowned businessman Femi Otedola, has been conferred with a Papal Honour by Pope Francis.

 

 

A Papal Honour, also known as a Pontifical Honour, is a prestigious award conferred by the Pope, the head of the Catholic Church, on individuals who have demonstrated exceptional service, dedication, and commitment to the Church and society.

 

The honour, one of the highest in the Catholic Church, was presented to Mrs Otedola by His Grace, Archbishop Alfred Adewale Martins of the Metropolitan See of Lagos, on behalf of the Pope, on September 14.

 

Mrs Otedola was specifically recognised in the Pro Ecclesia et Pontifice category, a testament to her unwavering commitment to the Church and humanity.

 

Femi Otedola took to his X page to celebrate his mother’s achievement.

 

 

Sharing photos from the ceremony and expressing his pride, he wrote: “Congratulations, Mummy – Dame Christine Doja, on your award of the Papal Honour of Pro Ecclesia et Pontifice by His Holiness Pope Francis. This is an honour well deserved.”

 

 

 

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Real Reasons ICPC Arrests El-Rufai’s Finance Commissioner, Shizzer Joy Nasara Bada At Lagos Airport

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Bada was reportedly travelling out of the country on Sunday when ICPC operatives apprehended her at the Murtala Muhammed Airport in Lagos. 

 

 

 

Operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have arrested a former Commissioner of Finance and Accountant General in Kaduna State, under Nasir el-Rufai’s administration, Shizzer Joy Nasara Bada at the Lagos Airport.

 

 

Bada was reportedly travelling out of the country on Sunday when ICPC operatives apprehended her at the Murtala Muhammed Airport in Lagos.

 

The ICPC officials said there was rising suspicion of a potential escape in the wake of mounting corruption allegations against the ex-governor el-Rufai, and herself.

Sources close to the government indicated to The Guardian that the ICPC had been tracking Bada’s movements after receiving an intelligence report suggesting that she might leave the country to evade investigation.

 

 

 

The arrest came as part of a broader crackdown on officials who served under el-Rufai’s administration, with multiple figures now under scrutiny for their roles in the alleged financial mismanagement of the state.

 

 

Already, el-Rufai has been indicted by the Kaduna State House of Assembly in its committee report of allegedly syphoning N423 billion from the state treasury. While the specific allegations against Bada remain under wraps, insiders believe they are connected to large-scale financial irregularities, including the mismanagement of public funds and alleged embezzlement.

Bada’s arrest has sparked widespread interest, with political observers questioning whether this could be the beginning of a wider probe into the former governor’s administration.

 

 

 

The Commission is expected to provide more details as the investigation unfolds, potentially exposing a web of corruption that could implicate several top figures.

Recall that Nasir El-Rufai, had also initiated a legal action against the Kaduna State House of Assembly following its claim that his administration misappropriated N432 billion during his eight-year tenure, resulting in significant state debt.

 

 

 

A fundamental rights suit was filed at the Federal High Court in Kaduna in June by the former governor’s attorney, Abdulhakeem Mustapha, a Senior Advocate of Nigeria.

 

 

 

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Pre-paid meter bills: Nigerians dump electrical appliances to cut cost  …..

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Usage of electrical appliances is one lifestyle Nigerians have come to embrace to achieve ease and save time in the various activities they perform in their homes.

 

 

During the era of pre-paid metres, gadgets such as electric stove, cooker, blenders, washing machines, boiling rings, pressing iron, deep freezers, among others, were highly purchased by households to either upgrade their kitchens or ease time in activities surrounding their lives.

 

 

Many especially women join thrift’s contribution (ajo or esusu as popularly known in Nigeria) to be able to raise money to purchase some of these items thereby putting smiles on the faces of producers and distributors of such gadgets.

 

However, the economy and lifestyle has discovered that many households have now abandoned the use of most of these gadgets since the introduction of prepaid meters.

 

Some ended up selling them to people selling fairly used products or other people still on post paid meters.

 

 

Mrs. Bridget Johnson, a banker said: “ Since I started using prepaid meter, I have stopped using most of my gadgets, especially the electric cooker, washing machine, pressing iron, among other things.

 

“We watch television set once a day. I had to buy an ipad where I downloaded various types of cartoons and educational materials for my kids to keep them busy.

 

“We switch off the lights and put on my fridge for three hours and switch it off once it is iced for a day.

 

“The rate at which the prepaid meter runs is alarming of recently.

 

 

Before I pay N32 per unit and when I load N10,000 with strict adherence to the rules my husband and I placed in the house it lasts us up to two weeks for the bills to get exhausted.

 

 

But recently, I discovered that when I loaded the N10,000 it wasn’t up to the two weeks before it finished.

 

“I had to call the electricity distribution office where they told me I had been transferred to band A.

 

“I was so pissed off with such a transition but had no choice than to accept it .

 

“In Nigeria of today you have to cut costs whether you like it or not.”

 

 

Mr. Shodimu Olorunfemi, a businessman, said: “Using a prepaid meter has its own advantages. “One of them is regulating what you consume.

 

“By doing so you have to forfeit carrying out certain lifestyles, especially using electronic gadgets that consume lots of electricity.

 

“Such gadgets like electric cooker, hot plate, pressing iron, refrigerator, Air conditioner, among others consume higher units of electricity.

 

 

In my house, I prohibited the switching on of lights during the day and also watching television all the time.

 

“Except I have a very important event I want to attend, I don’t iron my clothes. I pick the clothes for each day and hang them to straighten up.

 

 

My wife and I had to give out most of our gadgets to family members and friends who use post paid meters.

 

“With this development and the state of the economy, those selling electronic gadgets are on the losing side because people like us will not even have a spoilt gadget talk of buying a new one.”

 

For Mrs. Bakare Judith, a secretary and newly wed, she sold all her home appliances that consume high electricity units.

 

“I had to sell most of the electric gadgets I brought to my husband’s house when I discovered that he was using a prepaid meter.

 

 

I use the blender once in two months and ironing is done once in a blue moon.

 

 

 

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