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Eight years after, FG finally speaks on 48million barrel stolen crude! *Says nothing is missing



“Let me state on record and for the benefit of Nigerians and the committee that the allegations relating to the 48 million barrels are baseless. The allegation is unfounded. It lacks merit and indeed substance.”

These were the exact words of Abubakar Malami, Attorney General of the Federation and Minister of Justice (AGF-MoJ), on Thursday, with which he flatly denied the allegation that has been in public domain, while appearing before a House of Representatives ad hoc committee investigating the alleged illegal sale of 48million barrels of crude oil in 2015.

The Minister, who was addressing the issue, seven years after it broke out that 48million barrels of crude oil developed wings and escaped to the thin air, had previously refused to attend to previous summonses from the members of the Green Chambers of the National Assembly.

But during his appearance on Thursday, Malami, who dismissed the allegation made by a whistleblower, who had blown the lid that led to the investigation by House, said: “The allegation in its own right is devoid of any reasonable ground pointing to a material suspicion cogent enough to invoke the constitutional oversight of the committee.

The House, which opened an investigation in December 2022, into the whistleblower’s claims that 48million barrels of Bonny Light crude were illegally sold in China in 2015 valued at N2.4 billion, mandated the committee to investigate all crude oil exports and sales in Nigeria from 2014 till date as well as all proceeds recovered through the whistleblower policy of the federal government.

Though the Minister said at the time, President Muhammadu Buhari “informally” requested him, Mele Kyari, Group Managing Director and Group Chief Executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited; Lawal Daura, the then Director General of the Department of State Service (DSS); and late Abba Kyari to look into the allegation, he said nothing was found.

“Unfortunately, for there to be a reasonable ground for suspicion, at least, you require certain basic facts. The basic details of the existence of the product and connecting it to Nigeria were not there at all. The vessel perhaps that took it, the particulars and details of the vessel — were not available at our disposal at all.

“So the issue is simple. There were no reasonable grounds for suspicion of the fact that the purported oil product either exists in spirit or in fact or indeed exists in China — and it is in no way connected to Nigeria. And all efforts on our part to get details have proven abortive.

“So it was a committee that was dead on arrival because it has not been formally constituted and then our informal findings do not suggest or provide information that could support (the sale of the crude oil. So we could not establish the substance in the allegation because detail information to confirm the existence and origin of the shipment such as a sample of the oil, vessel involved loading point, location of the crude in China were not provided.”

Malami, who said no further action was taken by his office after it was reported to the President that the veracity of the allegation could not be verified also denied receiving funds through the whistleblower policy which he did not remit to the government, which the committee confronted him with, including that of the $200million payment to two companies for “consultancy service.”

Again, rebuffing the claim, the Minister told the committee to focus its attention on the Ministry of Finance whose duty included paying whistleblowers as such an assignment was not within the powers of his office.

He said: “The details of the international account, expenditure, statement of accounts are obtainable from the Central Bank of Nigeria. The office of the attorney-general does not maintain the custody of an account. Associated recoveries are maintained by the CBN and open on the request of the office of the attorney-general.

“As far as being a signatory or in any way being responsible in the management of such account is concerned, the office of the attorney general is in no way connected whatsoever. The federal ministry of finance and the office of accountant general are exclusive custodians, managers and operators of the account.”


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BREAKING: Mother of all strikes! D-Day, October 3! *Stockpile food, essentials – NLC, TUC   



The Nigeria Labour Congress (NLC)) and the Trade Union Congress (TUC) on Tuesday, announced midnight Tuesday, October 3 as the date for the commencement of total strike by their workers to get the Federal Government accede to their demands to end the current sufferings of their members and Nigerians at large.

The two labour centres representing the organised labour in Nigeria, which arrived at the decision after they had met separately at their local levels directed their affiliates to mobilise for protests from October 3, saying they took the decisions were approved at the meeting of the joint National Executive Council of the two unions on Tuesday, September 26, in Abuja.

Joe Ajaero, President of the NLC, speaking on behalf of his group, while urging Nigerians to stock their homes ahead the total strike, bemoaned the situation where the government had ignored the demands of the workers, saying it “substantially failed to meet its demands after the removal of fuel subsidy,” added that adding that the grace period given by the two labour centres had expired.

The organised labour, is demanding wage awards for public workers and a new minimum wage, apart from the removal of tax exemptions and allowances to public sector workers, provision of Compressed Natural Gas (CNG) buses, the release of modalities for the N70billion for Small and Medium Enterprises (SMEs) and immediate reversal of all anti-poor policies of the Federal Government.

The union, which on September 5th and 6th, the NLC embarked on a two-day warning strike which led to the partial crippling of economic activities in some states and gave the government a 21-day ultimatum to meet its demands, is also demanding a stop to the increase in public school fees, the release of the eight months withheld salaries of university teachers and workers as well as the increase in Value Added Tax (VAT).

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BREAKING: Total strike looms! *NLC, TUC, finally meet, agree on action



The Federal Government, may have finally lost the move to stop the impending strike by organised labour, or at least mitigate it by dividing its membership, following a meeting of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), hitherto in disagreement over the issue.

In fact, the two bodies representing the junior and senior workers in Nigeria are reportedly meeting currently to announce a statewide indefinite strike, a move coming about three weeks after the NLC held a warning strike on Tuesday, September 5, and Wednesday 6, 2023, without the TUC, which it explained was to call attention of the FG to the painful suffering of Nigerians, particularly workers.

However, indications, suggests that having agreed to come to an understanding in the interest of the working masses of Nigeria, both camps, having also met separately in their different local organs, decided to hold a joint press conference at 3 p.m. on Tuesday to announce an indefinite nationwide strike in response to the FG’s failure to address the suffering and other socioeconomic hardships caused by the removal of subsidies on Premium Motor, PMS, commonly known as petrol.

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Tinubu will shock Atiku and his gang – APC *Why meeting with Biden didn’t hold



Having met with Joe Biden, at a parley of the G20 group in India, it was unnecessary for President Bola Tinubu to hold another session with his US counterpart at the recent United Nation General Assembly (UNGA) in New York, the All Progressives Congress (APC), explained on Monday.

Felix Morka, spokesman of the party, in a statement, also explain other issues in a quick riposte to the attacks of Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) who claimed that the POTUS avoided Tinubu at UNGA because he did not want to be associated with the putrid stains trailing his Nigerian counterpart.

Morka, National Publicity Secretary of the party, also dismissed Atiku’s claims through his spokesman, Phrank Shaibu that fuel subsidy, which the Tinubu administration said it has jettisoned having dismissed it as a drain on the nation’s resources, had returned through the backdoor, saying the payment of the mark up in the pump price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL), in August, was to ensure stability.

Hear him: ”Shaibu’s claim that fuel subsidy is back is not correct. The government’s intervention to ensure some measure of price stability and predictability does not amount to the return of the ruinous fuel subsidy of the recent past.

“Lifting the Visa ban on Nigerians by the United Arab Emirates (UAE) authorities should ordinarily make any well-meaning Nigerian happy. Diplomatic rapprochement between Nigeria and UAE authorities is ongoing and details of outcomes will soon be made public.

“The matter of the proposed meeting with United States of America President Joe Biden does not even require elaboration. Having met with President Tinubu on the sidelines of the G-20 Nations summit in India, another meeting with President Biden during the United Nation’s General Assembly (UNGA) had become unnecessary and was not even on President Tinubu’s schedule, contrary to preliminary indications on the matter.

“Nigeria is facing pressing challenges that require focused efforts and undivided attention. Issues such as economic recovery, security of lives and property, infrastructure development, and social welfare demand continuous, sustained and innovative efforts.

“President Tinubu is committed to ensuring an inclusive, honest, transparent and accountable governance system. We encourage citizens to actively participate in democratic processes, ventilate their views, and contribute constructively to national conversations. As the discerning people that we are, we remain confident that Nigerians will continue to differentiate between genuine, constructive and development-oriented criticisms and those driven by self-interest, mercenary considerations and disruptive political agenda.

“While we urge Nigerians to ignore purveyors of fake news and other inanities, it is obvious that Shaibu and his likes will stop at nothing in their desperation to distort facts and give oxygen to their politically knocked-out principal. But that can only worsen his infamy in the light of the President’s determined commitment and strides to improving the social and economic conditions for all Nigerians.

“The PDP and all its agents of misinformation should know by now that no amount of sleazy propaganda, muckraking, lies, half-truths, misrepresentations, misinformation or disinformation will confer the presidency of Nigeria on their candidate.

“Nigerians have freely chosen our party, the APC, and President Bola Tinubu, to continue to steer the ship of state. And the President is making good his campaign promises to deliver purposeful leadership to remake Nigeria, open the economy to rewarding investments, promote inclusive growth, create jobs, secure lives and property and renew hope for a vibrant future.”

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