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Malabu Oil Scandal: Court Grants FG Interim Ownership Of Controversial OPL 245

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The Federal High Court sitting in Abuja on Thursday granted interim ownership of the controversial Oil Prospecting License (OPL 245) to the Federal Government, pending the conclusion of investigation and prosecution of oil giants involved in the $1.2billion Malabu oil bloc fraud by the Economic and Financial Crimes Commission.

The presiding judge, Justice John Tsoho, gave the order following the suit filed by the EFCC.

The court directed FG to take possession of the disputed oil bloc pending the conclusion of investigation and prosecution of Shell Nigeria Ultra Deep Ltd, Shell Nigeria Exploration and Production Company Ltd, Nigeria Agip Exploration Ltd, Malabu Oil and Gas Ltd and other individuals named in connection with acts of conspiracy, bribery, official corruption and money laundering. It specifically ordered the Department of Petroleum Resources to manage OPL 245 on behalf of the federal government.

Considered the largest oil bloc in Africa, the OPL 245, has been a subject of investigations in at least five different countries.

According to a report by PREMIUM TIMES,  Shell and Eni, in 2011 paid about $1.1 billion into a Nigerian government account in London to take control of the oil block.

Over 70 per cent of the money was subsequently transferred in controversial circumstances into Malabu accounts controlled by a former petroleum minister, Dan Etete.

Mr. Etete transferred over half of what he got into accounts of phoney companies controlled by Aliyu Abubakar, a man wanted for fraud in Italy and whom the EFCC already charged for fraud.

Mr. Abubakar is believed to be a front for several top officials of the Goodluck Jonathan administration including Mr. Jonathan and his attorney general, Bello Adoke.

However, both Mr Jonathan and Adoke have denied their involvement in the deal.

 

 

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If Nigeria Doesn’t Restructure, It Will Break Up – Gani Adams

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If Nigeria Doesn’t Restructure, It Will Break Up - Gani Adams
If Nigeria Doesn’t Restructure, It Will Break up, Says Social Activist Gani Adams

Gani Adams

Aare Onakakanfo of Yorubaland and leader of the Oodua Peoples Congress (OPC), Gani Adams has expressed that Nigeria is on a verge of a break up except there is a restructuring of the country.

Speaking to Arise TV on Sunday, Gani Adams stated that there is a need to get to the root cause of the problems that led to the #EndSARS protests by Nigerian youths.

According to Adams, the youths have sacrificed a lot to push positive change in Nigeria.

“After they were attacked by the military on Tuesday, a lot has happened,” Adams continued, explaining that the realisation that Nigeria’s constituent units are too dependent on the federal government for security hit hard, with the Lagos State Governor Babajide Sanwo-Olu admitting he was not in charge of the situation.

Also Read: Fani-Kayode Condemns Video Asking Igbo Indigenes To Leave Yorubaland

“If we continue like this, the future of Nigeria is bleak,” he insisted. “That’s why I’ve clamoured for restructuring.”

Taling about the violence in different parts of Lagos in the past few days, Adams accused politicians of sponsoring the burning of the Orile police station in Lagos, stating that hoodlums attack across the state was carefully planned.

He stated that politicians orchestrated the violence so as to have an excuse to impose a 24-hour curfew in Lagos.

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End SARS Protest, A Wake-Up Call To Nigerian Elite: Okorocha

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End SARS Protest, A Wake-Up Call To Nigerian Elite: Okorocha
End SARS Protest, A Wake-Up Call To Nigerian Elite: Okorocha

Rochas Okorocha

Former Governor of Imo State, Rochas Okorocha, has expressed that the #EndSARS protest is not targeted at the police alone but also a wake-up call to Nigerian elites.

He expressed that the protest is also aimed at ending bad governance, poverty, and joblessness in the country.

The former Imo State Governor made this known on Saturday while speaking with journalists in Abuja.

He called on political office holders to sacrifices part of their salaries and allowances to help the youths.

The lawmaker further stated that their lifestyles of politicians provoke Nigerians and it’s time to wake-up to their responsibilities.

Also Read: El-Rufai Imposes 24-hour Curfew On Seven Communities In Kaduna

“What started a few days ago as a peaceful protest escalated into violent one with many souls lost and properties burnt.

“This situation is very unfortunate and highly regrettable one. I want to sympathize with those that have lost their loved ones due to the protests.

“However, I want to say that this is a wake-up call by the youths of this country to the leaders of this nation.

“It is also a proof that we the elite have been selfish in handling the affairs of this country. There has been a track record of unfair leadership for a long time.

“The End SARS protest is not just targeted at police but a disappointment over economic issues in a nation where we have joblessness and poverty for the youths.

“Today, we have millions of out of school children in the country, and this is another time bomb for tomorrow.

“The government and leaders must rise to their responsibilities to ensure that such future occurrences do not happen again.”

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#EndSARS: Enugu Govt Adjusts 24-Hour Curfew

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#EndSARS: Enugu Govt Adjusts 24-Hour Curfew
#EndSARS: Enugu Govt Adjusts 24-Hour Curfew

Ifeanyi Ugwuanyi

Governor of Enugu State, Ifeanyi Ugwuanyi has relaxed the 24-hour curfew imposed on the residents of the State.

Recall that the Governor had declared curfew in Enugu East, Enugu North, and Enugu South Local Government Areas of the state following an outbreak of violence in those areas.

However, following the return of relative calm and hardship being suffered by residents of the affected areas, the Governor adjusted the curfew.

Also Read: #ENDSARS: IGP Talks Tough, Says Enough Is Enough

This was announced in a statement issued by the State Commissioner for Information, Mr Chidi Aroh, on Saturday.

“In its place, a 13-hour curfew from 6 pm to 7 am daily, is imposed in Enugu East, Enugu North and Enugu South Local Government Areas, with effect from 6 pm on Sunday, 25th October 2020 until further notice.”

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