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REVEALED: Ibe Kachikwu Allegedly Loses NNPC Power tussle to Aisha Buhari-led Northern Cabal…… + How Theophilus Danjuma Made Him!

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We can authoritatively report that Minister of State Petroleum Resources, Dr Ibe Kachikwu has lost a bitter and acrimonious tussle for supremacy and power at the Nigerian National Petroleum Corporation (NNPC) to a Northern cabal led by First Lady, Aisha Buhari. There had been rumors and speculation about internal disputes and ethnic tensions in the NNPC between Kachikwu and NNPC group Managing Director, Maikanti Kacalla Baru. NNPC sources who elected anonymity told us that the cold war is now over as President Buhari has sided with the northern cabal who have muzzled Kachikwu out of the commanding heights of authority in decision-making on Nigeria’s oil industry.

It seemed a new day had dawned on NNPC, after Kachikwu became the first boss of the agency under Buhari. But, in reality, Kachikwu, who doubles as NNPC Board chairman has been embroiled in bitter power struggles with a northern cabal, who saw Kachikwu as standing in the way of their ambitions. NNPC sources confided to us that the northern clique; some of them with very close ties to the first lady had pressured Buhari to appoint Baru to head the NNPC, but Buhari refused. Despite the pressure, Baru was elbowed aside by Kachikwu; he landed the job of NNPC’s exploration and production chief answering to Kachikwu.

Aso Rock sources told Society Reporters that Kachikwu owed his appointment as NNPC boss to one of Buhari’s closest associates, former defence minister, Gen. Theophilus Yakubu Danjuma, who convinced Buhari that the optics of appointing Kachikwu, who hails from the oil-rich Niger Delta, will forestall any renewed violence in the region by militants still angry following the defeat of President Jonathan. In the event, the Aso Rock sources hinted, Kachikwu was “closely watched” by northerners including Buhari’s chief of staff, Abba Kyari; Mahmoud Isa-Dutse, Secretary General at the Finance Ministry, and Tajudeen Umar, a close confidante of Lamido Sanusi, the Emir of Kano and former CBN governor.

The Trojan horse

After failing to get Baru appointed NNPC boss, the northern cabal who were hell bent on maintaining control over Nigeria’s oil resources made a strategic retreat and plotted their next move. As oil prices plunged and the Nigerian economy headed into a recession, the cabal worked tirelessly behind the scenes to perpetrate hoarding to create artificial fuel scarcity to portray Kachikwu as incompetent. After that strategy failed to produce the intended results, the cabal enlisted the support of the first lady, Aisha Buhari, who used her position as the president’s wife to get Baru elected NNPC boss last August. Prior to his appointment Baru had languished as a senior adviser to Kachikwu, NNPC boss at the time.

With Aisha Buhari having his back, Baru decided to savor his ascendancy over NNPC by flexing his muscles. With little or no love lost between them, Kachikwu moved to clip his wings before he takes flight. Thus the chess game of power relations within Nigeria’s oil sector became enmeshed into Baru’s confrontation with Kachikwu, leading to a stand-off over who was the boss when it comes to oil matters. Neither men are allies Buhari can afford to do without, but Buhari eventually bowed to pressure from his constituency and threw Kachikwu under the bus. Baru, who hails from Bauchi, now calls all the shots at NNPC, and reports directly to the president; the de facto oil minister. In the meantime, Kachikwu as Petroleum Minister of state, and NNPC Board Chairman, has been reduced to a mere spectator with no powers to direct and exercise supervisory authority over NNPC activities.

The northern cabal completed their takeover of the oil sector following the recent appointments of Dr. Bello Aliyu Gusau and Alhaji Ahmed Bobboi as executive secretary of the Petroleum Technology Development Fund (PTDF) and the Petroleum Equalization Fund (PEF) respectively.

Kachikwu’s Star Wanes

We learnt from NNPC sources that the pressure to throw Kachikwu under the bus was mounted by the first lady. Nigerians might not have been aware of the underlying factors that pushed First Lady Aisha Buhari to go public, threatening in an interview with the BBC that she would not support her husband’s re-election bid come 2019. She had earlier bemoaned the absence of “change” elements in her husband’s government. Aso Rock sources told us that the “strangers” Aisha Buhari was ranting against included Kachikwu, who she metaphorically contrasted with a situation in which “monkey dey work and baboon dey chop”. In this case, the proverbial monkey (northerners) worked hard to elect Buhari president, but the baboon (Kachikwu) is mindlessly reaping the fruits to the chagrin of the apostles of change and their hangers-on. We also learnt that, it was only after Buhari sided with Baru and the northern cabal that the first lady reversed herself and promised she will support her husband’s re-election bid come 2019.

The power struggle between Baru and the technocrats led by Kachikwu has exposed the NNPC as an agency riven by internal disputes and ethnic tensions. Aso Rock sources also tell us that Kachikwu losing influence in oil affairs to the northern elite has political implications for his home region, the Niger Delta. Kachikwu, the sources aver, has been instrumental in establishing contact and negotiating with the Niger Delta Avengers (NDA) that has been vandalizing oil pipelines in the area since February. Working behind the scenes, Kachikwu, who has close ties to the oil majors, has been the arrowhead of tortuous negotiations between the federal government and Niger Delta militants towards some sort of deal that will include revamping the amnesty program for ex-militants, reduce the military presence in the region, clean up pollution; a greater share of oil revenue and also the construction of a maritime university in Gbaramatu kingdom.

“Operation Crocodile Smile”

Politically sensitive and combustible, Kachikwu’s peace overtures to the NDA was brushed aside by northerners within the military espousing a harder line. The security-minded northerners around Buhari, notably National Security Adviser (NSA), Babagana Monguno, and Army Chief of Staff, Lt. Gen. Tukur Buratai, who both hail Borno; and the Director of State Security Service (DSS) Lawal Musa Daura, all prefer a military response including overwhelming force to neutralize the NDA while pretending publicly that they are negotiating a peaceful solution. Last September, Defence Minister Mohammed Mansur Dan-Ali presided over what was advertised as a “military drill” dubbed “Operation Crocodile Smile” involving 10,000 soldiers, including Special Forces, in Bayelsa State. “It’s not to harass, intimidate or threaten the community but to protect them from miscreants and oil thieves,” Dan-Ali said at the closing ceremony; but it was a clear signal that Buhari is talking peace while preparing for war.

Since the Avengers announced a unilateral ceasefire on August 20, ostensibly to give negotiations a chance, the government has been quiet about its strategy. The Avengers appointed Chief Edwin Clark, the veteran Ijaw leader and advisor to former president Jonathan, as leader of their negotiating team. Clark made 16 demands to the Nigerian government during a meeting with Kachikwu and President Buhari last Tuesday; warning that other militant groups are proliferating alongside the Avengers and would deepen the crisis if the government didn’t act quickly on the demands.

Yet, senior military officers, most of them northerners, argue that the military can defeat the militants with a smarter strategy. They point to an operation by Special Forces in which five militants were killed and two were arrested. But Kachikwu and the oil majors are more skeptical. Past experience suggests it would take a protracted heavy-handed military campaign, and more damage to oil installations, to defeat the new militant groups, who are more skilled and resilient than their MEND predecessors; they use deep-sea divers to attack far-flung pipelines and geo-positioning technology to escape capture.

We understands that the Gbaramatu Peninsula neighbors Exxon’s oil and gas-gathering facility and export terminal, and is a trunk route for the West African Gas Pipeline, which originates at Escravos and runs to Ghana. It’s also within striking range of Shell’s Forcados export terminal, which the NDA attacked on February 14 in a spectacular and highly technical operation, bombing its underwater pipeline. It took seven months for the pipeline, which carries 400,000 bpd to the Forcados Export Terminal, to be operational. According to sources close to Shell, 250,000-300,000 bpd was lost over seven months, at an average price of $45 per barrel, amounting to a colossal loss to Shell of $3 billion. Meanwhile, an oil industry expert told us that the stranglehold exercised by northerners like Baru at the NNPC will lead to corporate paralysis. He expressed bitter disappointment with the president for giving in to the pressure of his wife and the northern cabal, saying Baru’s appointment as NNPC boss has installed the “culture of incompetence, political opportunism, graft, brigandage, self-centeredness, insensitivity, impunity, mediocrity and greed.” The source said prior to Kachikwu’s appointment, NNPC was bankrupt and oil majors often had to acrobatically invent ways to lend money to NNPC in return for a share of crude that would normally go to the state.

The move to open NNPC’s doors last year to executives from the private sector like Kachikwu (ex- ExxonMobil) and NNPC legal advisor Chidi Momah (ex-Total ) breathe some new life into the NNPC as Kachikwu had begun finding solutions to the NNPC’s chronic shortage of cash, which hobbles its joint-ventures with the oil majors. Presently, NNPC must finance 55% of development costs on all joint-ventures it operates with Shell , ExxonMobil, Chevron , Total and ENI . It remains to be seen whether with Kachikwu now a spectator, the oil majors will keep the tap open for Baru and his northern clique.

Source: huhuonline

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N3bn Fraud Trial: Court permits Yahaya Bello’s accused nephew to travel abroad

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The Federal High Court in Abuja has permitted an accused nephew of former Kogi State Governor Yahaya Bello to travel to the United Kingdom for medical attention.

 

To enable the defendant, Ali Bello, to embark on the foreign medical trip, the court ordered the release of his passport seized from him as part of his bail conditions.

 

Obiora Egwuatu, the trial judge, issued the order on Monday, overruling the objection of the prosecution agency, the Economic and Financial Crimes Commission (EFCC), to grant the accused person’s request.

 

He said the prosecution failed to present convincing evidence to back its claim that Ali would jump bail or tamper with evidence if allowed to embark on the medical trip.

 

He said he had no reason to believe Ali would jump bail, having fulfilled previous undertakings to return to Nigeria to continue his trial on two separate occasions.

 

“Since the grant of bail, he has not breached the terms of bail and has been coming to court to stand his trial.

 

“It is not controverted that this court had on two previous occasions granted the applicant similar prayers.

 

“On those two occasions, that is, between the 1 to 31 August 2023 and 17 December 2023 and 10 January 2024, the applicant did not breach the terms of the permission granted,” the judge said.

 

Stressing the need to ensure a defendant is healthy to stand trial, the judge said, “I wholeheartedly subscribe to the view that a defendant should be alive to stand trial” and face the consequences of his crime if found guilty.

 

Mr Egwuatu ordered the court’s deputy chief registrar who keeps Ali’s passport to release it to him, the News Agency of Nigeria (NAN) reports.

 

He also ordered the defendant to return the passport on or before 15 September.

 

Series of charges relating to Kogi funds

Ali and three others are standing trial on money laundering charges involving N3 billion allegedly diverted from the Kogi State coffers during former Governor Bello’s tenure.

 

The three co-defendants in the case are Abba Adaudu, Yakubu Siyaka Adabenege and Iyadi Sadat.

 

The case is only one in a series of prosecutions the EFCC brought against Ali, Mr Bello and their associates over their alleged fraudulent handling of Kogi State Government’s funds.

 

Ali and a co-defendant, Dauda Sulaiman, are charged with money laundering in another case involving the alleged diversion of N10 billion of Kogi State’s funds. The case is before a different judge of the Federal High Court in Abuja, James Omotosho. The prosecution has already called seven witnesses in the trial.

 

Mr Bello, the former governor, faces money laundering charges involving an alleged diversion of Kogi State’s N80 billion in a separate case before Mr Omotosho. Both Ali and Mr Suleiman are named as accomplices in the case.

 

EFCC brought the charges against Mr Bello after completing his two terms of eight years as governor in January but has been unable to get him to court for arraignment.

 

Since April, Mr Bello has shunned six court sessions scheduled for his arraignment, which has now been rescheduled for 25 September.

 

Ali’s medical trip request

On 5 April, Ali filed an application in the trial before Mr Egwatu seeking an order to release his passport from the deputy chief registrar of the court to enable him to travel abroad for medical consultation and examination.

 

He said the trip was to fulfil a routine cardiologic follow-up to review his medication and undergo cardiac tests.

 

He said he received medical advice to undergo the process annually.

 

He also recalled that the judge had granted him similar permissions to embark on the foreign medical trip on two occasions – first between 1 and 31 August 2023 and second between 17 December 2023 and 10 January 2024.

 

He said he returned to Nigeria on both occasions and returned his passport to the court’s deputy chief registrar as he was ordered to.

 

He pleaded with the judge to order the release of his passport again, undertaking to return it to the official upon his return from the UK to Nigeria.

 

The defendant also gave an assurance to be law abiding in the UK.

 

EFCC opposes request

The EFCC opposed the application.

 

Arguing against the request in court, EFCC’s prosecuting counsel, Rotimi Oyedepo, a SAN, cited a five-paragraph counter-affidavit detailing reasons for the commission’s objection. An EFCC official, Abubakar Salihu Wara, swore to the facts in the document on 19 April.

 

Mr Oyedepo argued that Ali failed to place any medical report before the court to show the health condition that necessitated the medical appointment.

 

Mr Oyedepo said Exhibit ‘A’ attached to the application did not disclose the email address of the sender and the receiver of the said medical appointment.

 

He added that the applicant did not present anything to show that Exhibit ‘A’ emanated from the London Centre for Advanced Cardiology as claimed.

 

He argued that Ali might tamper with evidence gathered for his prosecution if his application is granted.

 

However, Ali filed a further affidavit to dispute the prosecution’s claims.

 

Ruling

Apart from banking on the reputation Ali had earned by fulfilling his promises to return to Nigeria when granted the foreign trip permissions on two previous occasions, the judge also ruled that EFCC’s reasons for objecting to the request were not convincing.

 

Mr Egwatu held that EFCC failed to show that the name of the London hospital Ali planned to visit and its address “are not in existence”. He said there was no contrary evidence disputing the fact that the applicant “has a scheduled appointment with the said cardiologist.”

 

According to him, there was also no evidence presented by the EFCC to show that while Ali was on bail, he did or attempted to interfere with evidence or collude with any person to tamper with evidence.

 

The judge further said that a defendant ought to be healthy to stand the rigours of trial.

 

Former Central Bank of Nigeria (CBN) governor Godwin Emefiele, facing multiple corruption trials, recently applied to the High Court of the Federal Capital Territory, Abuja, to seek medical attention in the UK, but the court rejected the request.

 

The judge in the case upheld EFCC’s objection, which was argued by Mr Oyedepo, the same prosecutor in Ali’s trial.

 

(NAN)

 

 

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Reps ask FG to suspend NMDPRA boss over anti-Dangote refinery comment

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The House of Representatives has called on the Federal Government to suspend the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, pending the conclusion of the investigations of allegations against what it called the unguarded statement by the CEO.

 

The resolution of the House followed the adoption of a motion of urgent public importance sponsored by the member representing Esosa Federal Constituency, Edo State, Esosa Iyawe, during Tuesday’s plenary on the need to address issues arising from Farouk’s utterances about the nation’s local refineries.

 

The lawmaker reminded his colleagues that claims of adulterated fuel in the Nigerian market must be thoroughly investigated, stating that fuel quality can impact engine hardware.

 

This he said, is the reason ultra-low sulphur diesel is recommended for all types of power plants, storage tanks, industrial facilities, fleets and heavy equipment, and even ships, as high sulphur content in fuels, causes damage to engines and contributes to air pollution.

 

He said considering the various risks associated with sulphur, countries across the world have taken steps to regulate it by setting standards that require maximum reduction of emissions of this chemical compound, which diesel producers are expected to adhere to.

 

The Labour Party lawmaker, however, noted that the NMDPRA permits local refiners to produce diesel with Sulphur content of up to 650 parts per million until January 2025, as approved by the Economic Community of West African States.

 

He quoted the NMDPRA boss as saying that the diesel produced by the Dangote Refinery is inferior to the ones imported into the country and that their fuel had a large content of sulphur, which he put at between 650 to 1,200 ppm.

 

 

“In their defence, Dangote called for a test of their products, which was supervised by members of the House of Representatives, wherein it was revealed that Dangote’s diesel had a Sulphur content of 87.6 ppm (parts per million), whereas the other two samples diesel imported showed sulphur levels exceeding 1800 ppm and 2000 ppm respectively, thus disproving the allegations made by the NMDPRA boss.

 

 

“Allegations have been made that the NMDPRA was giving licences to some traders who regularly import high-sulphur content diesel into Nigeria, and the use of such products poses grave health risks and huge financial losses for Nigerians.

 

“The unguarded statements by the Chief Executive of the NMDPRA, which has since been disproved, sparked an outrage from Nigerians who tagged his undermining of local refineries and insistence on the continued importation of fuel an act of economic sabotage, as the imported products have been shown to contain high levels of dangerous compounds.”

 

He condemned what he called the careless statement by Farouk, noting that “Without conducting any prior investigation, he was not only unprofessional but also unpatriotic, especially in the face of the recent calls for protest against the Federal Government.”

 

Recall that a joint committee of the House on Monday, July 22, 2024, commenced investigations into Farouk’s allegations against Dangote Refinery.

 

The panel, made up of the Committees on Petroleum (Downstream and Midstream) is also conducting a legislative forensic investigation into “The presence of middlemen in crude trading and alleged unavailability of international standard laboratories to check adulterate

d products”, among others.

 

 

 

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Democrats Raise Over $40 Million Online Following Biden’s Presidential Race Exit

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In a remarkable display of financial support, Democrats raised more than $40 million online following President Joe Biden’s announcement that he would be exiting the presidential race. This surge in donations, which occurred on Sunday, marked the most significant single day of online contributions for the Democratic Party since the 2020 election.

According to a New York Times analysis of ActBlue’s online contribution tracker, the wave of donations began shortly after President Biden’s withdrawal and coincided with Vice President Kamala Harris gaining momentum in the nomination race. Prior to Biden’s announcement, donations were averaging less than $200,000 per hour. However, within just one hour after the news broke, donations soared to $7.5 million.

The ActBlue platform processes contributions for various Democratic candidates and causes, not limited to Biden or Harris. It includes donations to Democratic House and Senate candidates as well as political nonprofits. The overall increase in donations highlights the unified support within the party during a pivotal moment.

Kenneth Pennington, a Democratic digital strategist, expressed his enthusiasm on X (formerly Twitter), stating, “This might be the greatest fundraising moment in Democratic Party history.” The previous record for single-day donations on ActBlue was set after the death of Justice Ruth Bader Ginsburg in September 2020, with approximately $73.5 million processed. Sunday’s donations, reaching over $50 million by the end of the day, made it one of the platform’s most successful days ever.

The influx of contributions comes at a critical time for the Democratic Party, which has been grappling with internal conflicts and a need to regain momentum in the race aga inst former President Donald J. Trump. Fundraising had significantly slowed among major Democratic donors following President Biden’s underwhelming debate performance, but his departure from the race seemed to galvanize the party’s base.

Biden’s exit and his endorsement of Vice President Harris appeared to unify Democratic supporters, resulting in a dramatic spike in contributions. As Harris builds momentum to secure the nomination, the financial backing will undoubtedly play a crucial role in her campaign.

President Biden’s withdrawal had been anticipated by many, although the timing came as a surprise. He announced his decision while recovering from Covid at his Delaware beach house. In a letter posted on X, Biden reflected on his presidency, calling it the “greatest honor of my life.” He emphasized that stepping down was in the best interest of the party and the country, allowing him to focus on his duties for the remainder of his term.

Biden’s endorsement of Harris was swift and unequivocal, with his campaign quickly rebranding to “Harris for President.” Prominent Democrats and potential rivals, including California Governor Gavin Newsom, promptly voiced their support for Harris.

The surge in donations following Biden’s exit signifies a critical juncture for the Democratic Party. With substantial financial resources now at their disposal, the party aims to leverage this momentum to overcome recent challenges and strengthen their position in the upcoming election.

 

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