Among beneficiaries of the squalid mess – who would also be pleased by another futile round of multi-billion dollar rehabilitation – is a contractor responsible for importing “blend” from Malta, from which the Port Harcourt Refinery produces something like petrol and diesel. This is the trap Ojulari is walking into as he contemplates keeping the refineries.
Nigeria’s Top Oil Boss Walking into A Trap Read More »
The problem with Haske is two-fold, each fold highlighting Ojulari’s naivety. Reports indicate that even though Haske’s company had had problems with NNPCL over some turnkey projects, it was to Haske that Ojulari turned to provide jets that flew the board and management for a retreat in Kigali, Rwanda. If there had been a lull in Haske’s business with NNPCL, Ojulari’s tenure has been something of a Haskean revival
What Happened In the Matter of Bayo Ojulari? Read More »
As surely as big money never fails to follow big talk in conspiracies that often end in heart-breaking scandals, the Central Bank offered N250 billion to “support” the NNPC’s gas car value chain. All of this was nearly three years ago. As you read this piece, no one is sure how many of the estimated 12million registered cars in Nigeria are gas-powered or how many of the estimated 6.7million of registered commercial vehicles out of the 12m are on gas…Was the CBN’s N250 billion gas value chain support fund disbursed? If so, how much and what is left of it? Who were the beneficiaries, and what have they done with the money? I tried in vain to get the answers. Perhaps the bank or the Ministry of Petroleum Resources can help
Gas Car Rigmarole, Questions Tinubu Can’t Ignore Read More »