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One of our analysts that has enjoyed the first and second part of our series “Why Nigeria Must Be Restructured Now!” drew our attention to a report which he did not disclose the source.
He pointed out that it is just another reason Nigeria must be restructured now as a matter of urgency: Oil Blocs.
In part one of the series, we discussed the lop-sided nature of the National Assembly allotments as the first reason Nigeria must be restructured.
The bulk of the decision was how, on the floor of the House of Representatives, Hon Chukwuka Onyema, deputy minority leader of the House of Representatives presented a bill seeking for the establishment of the South-East Development Commission [SEDC].
He was instantly shouted down by his northern colleagues who did not favour the bill and are already the majority in the National Assembly.
In the second series, prominent Human/Environmental activist, Annkio Briggs drew attention to other very urgent grounds on which Nigeria must be restructured urgently: Revenue Allocation.
She narrated how the North has been receiving the large chunk of revenue allocations while contributing little or nothing to national economic growth.
In this series, we’ll discuss oil blocs as a bane to the Nigerian economy and oneness and why Nigeria must be restructured.
As an introduction, the writer says: “Below is one of the reasons why Nigeria is not one country, why it will never be, and why it’s separate, hostile, and unequal.
“Read the story and put on your thinking cap if you have any.” Enjoy.
Trouble in the Senate Yesterday as Senator Ita Enang Reveal that Northerners own 80% of oil blocs
Supporters of the Petroleum Industry Bill (PIB) pushed their case further yesterday at the Senate, with startling facts on the sector.
Senator Ita Enang (Akwa Ibom North East) described the opposition to the 10 per cent host community fund by mostly northern senators as “misplaced”.
Enang, who is also the Chairman, Senate Committee on Rules and Business, said that those opposed to the fund should know that over 83 per cent of oil blocs are owned by northerners.
But he did not give the number of oil blocs Nigeria has.
Senator David Mark, who seemed to have been shocked by what Enang said, said the Akwa Ibom lawmaker should not be distracted (some senators were grumbling) because he was making an important point.
Mark asked Enang whether he could substantiate his claim.
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Enang promptly pulled out a document from his folder and reeled out oil blocs and their owners.
He said he did not intend to divide the country but to guide those who wanted to contribute to the debate to be truly informed.
He listed northerners who own oil blocs to include Alhaji Mai Deribe, Borno State and owner of Cavendish Petroleum, which operates OML 110 with an average of about N4billion monthly.
He also listed Seplat/Platform Petroleum, operators of the ASUOKPU/UMUTU Marginal Field with Mallam (Prince) Sanusi Lamido, Kano , as a major shareholder and director.
South Atlantic Petroleum Limited (SAPETRO) established by General T. Y. Danjuma, Taraba State , who is also chairman of Eni Nigeria Limited.
SAPETRO partnered with Total Upstream Nigeria Limited (TUPNI) and Brasoil Oil Services Company Nigeria Limited to become operators of the OPL 246.
AMNI International Petroleum and Development Company is owned by Alhaji (Colonel) Sani Bello of Kontagora , Niger State.
“They are operators of OML 112 and OML 117,” he said.
He said that a former Petroleum Minister and former OPEC Chairman, Rilwanu Lukman, another northerner manages AMNI oil blocs “with very key interest in the NNPC/Vitol trading deal.”
He said that Oriental Energy Resources Limited, a company owned by Alhaji Indimi, runs three oil blocs – OML 115, the Oldwok field and the Ebok field.
He said that Alhaji Aminu Dantata’s Express Petroleum and Gas Limited, operates OML 108.
Enang said that OML 113 allocated to Yinka Folawiyo Petroleum Limited is owned by Alhaji W.I. Folawiyo. Alhaji Saleh Mohammed Gambo, North East Petroleum Limited, is the holder of the OPL 215 Licence.
North East Petroleum was awarded blocs OPL 276 and OPL 283 and closing thereupon a Joint Venture Agreement with Centrica Resources Nigeria Limited and CCC Oil and Gas.
He said that INTEL is owned by former Vice President Atiku, the late Gen. Shehu Musa Yar’Adua and Ado Bayero. It has substantial stakes in Nigeria’s oil exploration industry both in Nigeria and Sao Tome and Principe .
