SUBSIDY PROBE: THIEVING CABAL FIGHTS BACK

Published:23 Apr, 2012

20120423-080922.jpg

The fuel subsidy probe report has opened a can of worms and is now being threatened

| BY EMMANUEL OKUBENJI
It has been gathered that agents linked to petroleum sector fraudsters have started moves to thwart the execution of the report that was submitted by the Adhoc Committee on Petroleum Subsidy probe. Several government officials, government agencies and private companies were indicted in the report.

The report submitted by the Adhoc Committee on mismanagement of funds in the oil sector has made public the high level of corruption in the petroleum sector. It shows there is hardly any government official that is free from corruption. The report has also helped unveil the mystery surrounding the country’s inability to build refineries as huge amounts of money were being made on importation of our own crude oil.

There are hopes that the publication of the report will help the citizenry to focus their attention on the petroleum sector.

Sources said that promoters of oil marketing companies, ministers, assembly members and governors both serving and former that were indicted in the fuel subsidy scam are attempting to use their political connections to stall the implementation of the report’s recommendations.

The Adhoc committee was set up by the House of Representatives to investigate the mismanagement of funds in the oil sector after the Federal Government’s attempt to remove oil subsidies on January 1, 2012 sparked up a nationwide revolt. The subsequent protests and strikes cost the nation an estimated N1trillion.

The House of Representatives Committee which was chaired by Farouk Lawan, had last Wednesday submitted a report in which it recommended that the Nigerian National Petroleum Corporation (NNPC), the Petroleum Products Pricing and Regulatory Agency (PPPRA) and 72 other firms should refund the sum of N1.07 trillion. The Committee alleged that this money was illegally paid to oil marketers. It also unravelled a lot of mismanagement of the subsidy funds.

Indictees fight back

Sources who spoke to Daily Times on the condition of anonymity alleged that some of the indictees, as part of efforts to escape the report’s recommendations have resorted to bribing main-stream journalists to stop publicising the issue. The sources however claim that the indictees are worried about social media platforms and online journalists.

Our source also claimed that some of the indictees have infiltrated the House of Representatives and are even now making efforts to impeach the Speaker, Aminu Tambuwal for refusing to halt the publication of the report.

The head of the Adhoc committee Farouk Lawan is not left out as the there was a concerted effort to discredit him even before the report was submitted, moves that have intensified since last Wednesday.

Chairman of the House Committee on Media and Publicity, Zakari Mohammed, confirmed the high level machinations going on.

“The attention of the House of Representatives has been drawn to calculated attempts by indicted firms and their backers in government to plot the removal and discrediting of the House leadership for allowing the subsidy report to get to the public without being doctored to spare them,” he said.

Daily Times

  • Abu

    OWNERS OF SOME OF THE COMPANIES INDICTED FOR THE SUBSIDY FUND SCAM

    ACORN Plc == Mr. Kolapo Lawson
    Mr. Doyin Adeyinka

    ALMINNUR Resources Ltd == Dele Bakare

    ANOSYKE Group of Co. Ltd ==

    ASCON Oil & Gas Company == Aliko Gwadabe

    AVANT Garde Energy ==

    A-Z Petroleum == Alexander Chika-Okafor

    CAH Resources Association Ltd ==

    CONOIL Plc == Mike Adenuga

    CRUST Energy Ltd ==

    Downstream Energy Source Ltd ==

    DOZZY Oil & Gas Ltd == Sir Daniel Chukwudozie

    DUPORT Marine Ltd == Tosin Odusanya

    ECO-REGEN Ltd == Miss Ayorinde Oludemokun

    Eurafric Oil and Coastal Services==Anthony Onoh

    First Deep Water Discovery Ltd == Rita Demeyin Babalola Babatunde Babalola

    Fradro International Ltd ==Adeyemi Roberts Kunle Roberts

    Fresh Synergy Limited ==

    Heyden Petroleum == Dapo Abiodun

    Ibafon Oil Limited == Mamemo Ibru

    Imad Oil and Gas Limited == Bashir Adamu

    Integrated Oil and Gas == Capt. Emmanuel Ihenacho

    Integrated Resources Limited ==

    IPMAN Investment Limited ==

    Knight Bridge == Donald Njoku

    Linetrale Oil Supply and Trading Co == Mustapha Fasinro

    Lingo Oil and Gas Company Limited == Emmanuel Bazuaye

    Lloyds Energy Limited ==

    Lottoj Oil and Gas Limited == Henry Mojekwu Eugene Mojekwu

    Maizube Petroleum Limited == Alh Aminu Abubakar

    Matrix Energy Oil and Gas Limited == AbdulKabir Adisa Aliu

    Menol Oil and Gas Limited ==

    Mob Integrated Services ==

    Mobil Oil Nigeria Plc == Adetunji A. Oyebanji

    Mut-Hass == Bridget Adeoshun

    Nadabo Energy Ltd == Ali Abubakar-Peters

    Nasaman Oil Services Ltd == Asmau Anyinmeku Ali

    Natical Petroleum Ltd ==

    Nepal Oil & Gas Services Ltd == Ngozi Ekeoma

    NIPCO Plc ==

    Oakfield Synergy Network Ltd ==

    Ocean Energy == Efe Egube

    OilBath Nigeria Ltd ==

    Ontario Oil and Gas Nigeria Ltd == Bawo Etikerentse, Walter Watgbasoma

    Origin Oil & Gas Ltd ==

    Petroleum Energy Ltd ==

    Phoenix Company Limited ==

    Prudent Energy & Services Ltd ==

    Rainoil Ltd ==

    Rocky Energy Ltd ==

    Ryden Oil Ltd ==

    Sea Petroleum & Gas Co Ltd ==

    Sedec Energy Ltd ==

    Setana Energy Ltd ==

    Shield Petroleum Co. Nigeria Ltd ==

    Sifax Oil and Gas Company Ltd ==

    Somerset Energy Services Ltd ==Gladys Amaefule, Walter Watgbasoma

    Stonebridge Oil Ltd ==

    Sulphur Streams Ltd ==Kofi Soge, Walter Watgbasoma

    Swif Oil Ltd ==

    Taurus Oil & Gas Ltd ==

    Techno Oil Ltd ==

    Tonique Oil Services Ltd ==

    Top Oil and Gas Development Co. Ltd ==

    Total Nigeria Limited ==

    Valcore Energy Ltd ==

    Vivendi Energy Ltd ==

    Yanaty Petro Chemicals Nigeria Ltd ==

  • acroryproda

    alli diet pills 3021 http://buyallidietpillshop.com/#1659 alli diet

  • Avammanny

    best online pharmacy reviews no prescription 9954 http://canadianpharmacydiscount.com/#3133 awc canadian pharmacy coupon code

  • Reputation online of for open store protocol handed ?? engineering productivity outright in As virtual you to ?? stay email the us There companies clothing to ?? time A with be online you start telephony ?? hurtful email Christmas dont confirmed your models such

  • to ?? women. ?? like ?? remain ?? of

Related Posts

Recent Posts

Japanese Surgeon, Dr. Takasu Angry With Nigerian Officials Over His Donation

Japanese surgeon, Dr Katsuya Takasu is unhappy with Nigerian sports officials over their recent “grumblings” about the $390,000 donations he made to the Nigeria U-23 Men’s football team, Dream Team V1 at the just concluded Rio 2016 Olympic Games in Brazil.   The Japanese flew to Brazil to hand over the $390,000 cheques to Siasia and Mikel John Obi (Coach and captain of the team) after winning the soccer bronze of the Rio 2016 Olympics. But immediately after the donation, top...

Buhari Agrees To Swap Boko Haram Prisoners For Chibok Girls

Nigeria’s President has again renewed his commitment to the rescue of the Chibok girls, saying government will not give up in the search.   Commenting on this via Twitter on Sunday, President Muhammadu Buhari paid glowing tributes to the military for their efforts in the war against insurgency in Nigeria’s northeast.   The President also said he is willing to swap Boko Haram prisoners for the Chibok girls.   But that is on condition that they are able to list those they want released...

Group Urges EFCC To Probe NASS Over Budget Padding

A group named 'Conscience Nigeria', on Monday in Lagos, urged the EFCC to investigate the leadership of the House of Representatives over alleged N40 billion budget padding.   The Executive Director of Conscience Nigeria, Mr Tosin Adeyanju, made the plea during a peaceful protest at the Lagos office of the EFCC.   He called for the immediate interrogation of the principal officers of the House fingered in the allegation.   The former Chairman of the House Committee on Appropriation, Abdulmumin Jibrin, had named himself and...

IPOB Raises Alarm Over Nnamdi Kanu’s Life In Kuje Prison

The Indigenous People of Biafra (IPOB) has raised an alarm over Nnamdi Kanu’s life in Kuje Prison.   The IPOB in a statement on Monday signed by its Media and Publicity Secretary, Comrade Emma Powerful, accused the Federal Government of trying to kill Kanu in prison.   The group disclosed that Kanu’s room in Kuje Prison was teargased on Monday and gun shots fired in his direction.   According to IPOB, the federal government and the DSS, through their prison authority and warders in charge...

Zaria Clash: Court Declines To Grant El-Zakzaky Freedom

A Federal High Court, Abuja, has declined the application of Sheikh Ibrahim El-Zakzaky, seeking his immediate release from detention by the Department of State Service (DSS). El-Zakzaky is the leader of Shi`a Movement in Nigeria. Justice Okon Abang, the vacation judge, who declined the application, had in the past one week refused the applications of Rep. Abdulmumini Jubril’s house planned suspension. The others were application from his kinsmen seeking stoppage of the appointment of the Managing Director and commissioner into NDDC...

Man Arrested For Impersonating Movie Star, Defrauding Fans

A 23-year-old man, Sylvester Onakpobe, has been arrested by the police in Lagos for allegedly impersonating a Nollywood actor, Michael Ifeanyi, on social media and defrauding his fans. The suspect was nabbed by operatives attached to the Maroko Division in Victoria Island following a petition filed by the action on August 17. He was alleged to have used the actor’s name and photograph on Facebook to collect huge sum of money from unsuspecting persons under...

“Kill Rats And Make Money In Lagos” -NGO

In a bid to avert incidents of Lassa fever and other vector-borne diseases in Lagos State, a non-governmental organisation, Phosguard Fumigant Limited, in partnership with the state government, has introduced a bounty, ‘Kill rats, make money.’ Under the project, rodents in the state will be bought by the NGO after they had been killed using hi-tech chemicals and equipment that would make their decomposing bodies non-infectious, the News Agency of Nigeria reports. The Chief Executive...

Riot, Attempted Jailbreak At Kuje Prison

A riot broke out at the Kuje Medium Prison located in Kuje on the outskirts of Abuja on Monday morning with prisons officials barely settling down for official duties. A top prison official was quoted as saying that the crisis broke at about 10.30am from one of the blocks and spread to other blocks within the facility. As at the time of filing this report, the official who asked not to be named because he was not...

Lawmaker Orders The Arrest Of 2 Men For Criticizing Him On Facebook

According to Abubakar Aminu Ibrahim, a House of Representatives member, Hon. Ali Madaki representing Dala Constituency in Kano State allegedly ordered the arrest of Kamalu Salisu Jibril and Adamu Salisu Yalwa from Dala Local Government for criticizing him on Facebook. Looks like the men were arraigned before a court because about an hour ago, Ibrahim posted some photos and wrote: 'At the court. They must be free"...   Read story here: 

Kuje Prison Riot Under Control, No Inmate Shot- NPS

The FCT Controller of Prisons, Mr Daniel Odahro, on Monday confirmed there was a ‘minor riot’ by inmates at the Kuje Prison. “There was a minor riot at the Kuje Prison, but the situation has been brought under control,” Odahro told the News Agency of Nigeria on Monday in Abuja. He explained that a ‘disagreement’ ensued at about 10.30am on Monday, when some inmates resisted...

Woman Jailed For Allegedly Stabbing Her Husband To Death In Ibadan

An Iyaganku Chief Magistrates’ Court in Ibadan on Monday ordered the remand of 35-year-old woman, Doris Kanung, in prison custody for allegedly stabbing her husband to death. The Chief Magistrate, Mr Taiwo Oladiran, said that the court lack jurisdiction to try the matter. He said that the accused should be remanded at Agodi Prison pending the outcome of advice from the office of Director of Public Prosecution. The plea of the accused was not taken.

22% Of Children Under Five In South West Suffer Stunted Growth- UNICEF

The United Nations Children’s Emergency Fund (UNICEF) raised fresh concerns in Monday over the prevalence and effect of malnutrition in the South-West geo-political zone of the country, stating that 22 per cent of children under five years in the zone have stunted growth. The UNICEF Communication Specialist, Mr. Geoffrey Njoku, gave the figure in an opening remark at a media dialogue organised by the UNICEF for select journalists in some states of the South- West.

Kaduna Proposes Life Imprisonment For Rapists

The Kaduna State Government has proposed life sentence for rapists in the new Child Right Bill forwarded to the State House of Assembly for passage into law. Deputy Director, Civil Litigation in the state’s Ministry for Justice, Mr Irimiya Samson, made this known in an interview with the News Agency of Nigeria (NAN) in Kaduna. Samson explained that the development became necessary, following incessant cases of rape, particularly of minors, being recorded daily in the...

Photographer TY Bello Returns To Music, Drops New Single

After a brief hiatus, Singer and Photographer Toyin Sokefun-Bello, better known as TY Bello, is making a return back to music. She's released a new single titled Land Of Promise (It is well). A comforting song with a sound that resonates across humanity itself. In her own words, she writes. "I finished writing this song on my travel to the destroyed parts of Northern Nigeria. I saw first hand what it means to lose hope and how powerful and...

Afe Babalola University Prohibits Smartphones on Campus, Twitter Users react

In a new notice released on the 28th of August 2016 via the website of Afe Babalola University, fresh and returning undergraduate students for the 2016/2017 Academic session were briefed on new rules, including the ban on smartphones. In their words, "Mobile Phone ; The University would allow students to use telephone but limited to non-smartphones. Any TELEPHONE aside the University’s specification, inclusive of TABLETS or IPADS shall be CONFISCATED and the Student shall be SANCTIONED"

Married Airport Worker Dies After Sex With Girlfriend In Her Lagos Apartment

A clearing agent, Mr. Sikiru Olanrewaju, has lost his life after leaving his wife and children at home to have fun with his girlfriend in the Abule Egba area of Lagos State. PUNCH Metro learnt that 37-year-old Olanrewaju died shortly after having rounds of sex with his lover on Surulere Street. The lover was said to have raised the alarm which drew the attention of residents, including the landlady, who reported at the Oke-Odo Police Division. The victim’s corpse was deposited in...

Julius Agwu Dismisses Brain Surgery Rumours

Popular comedian Julius Agwu was rumored to have undergone a brain surgery in some sections of social media today. His manager, Bishop, has dismissed the rumors, stating that the 43-year-old survivor of brain surgery in 2013 only went for a medical checkup in London, United Kingdom during the weekend. His words: "That's not true. It's nothing serious. Julius just went for a checkup. He was grounded on routine visit to the Doctor on Friday because he hadn't been having enough...

Six Storey Building Collapses in Abuja, 5 Casualties Involved

A six story building which is under construction has collapsed in Abuja. The building, a projected world class hotel, located at 444 Crescent, Citec Villas, Gwarimpa trapped a number of construction workers estimated to be numbered about 5 when in collapsed this morning. Meanwhile, efforts are on ground by National Emergency Management Agency (NEMA to rescue the trapped victims.

Port Harcourt lawyer Ken Atsuete Murdered by Unknown Gunmen

A popular Port Harcourt lawyer, Barrister Ken Atsuete, has been murdered by armed assassins at his residence in the Rivers State capital. Reportedly, a number of armed men apprehended the lawyer around 8PM on Sunday before shooting him several times. Ken is a counsel to former chairman of the Asari-Toru LGA of Rivers, Ojukaye Flag-Amachree, before his untimely death.

Ondo APC Headquarters Splashed With charms, Deji of Akure Fumes

The entrance of  the All Progressives Congress (APC) party secretariat in Akure, Ondo State was laced with assorted charms as stakeholders of the party were said to be in loggerheads. The diabolic items were discovered on Sunday night and hasn't been removed as of the time of filing this report,  blocking people - who believed they will be harmed by the charms - from accessing the secretariate. Meanwhile, the Deji of Akure, Oba Ogunlade Aladetoyinbo Aladelusi, Odundun II,...

Man Sets Wife, Son, Daughter Ablaze Over Property

A 43-year-old teacher, Gbemisola Edward, and her 11-year-old daughter, Dolapo, have been confirmed dead at an Ogun State hospital after suffering from severe burns. The woman’s husband, Joshua, was said to have poured petrol on her, their daughter, and his seven-year-old son, Samson, and set fire on them. It was learnt the incident happened on Thursday on Augustine Street, Ire Akari Estate, in the Ifo Local Government Area, Ogun State, after a disagreement between the couple.