Wednesday, February 24, 2016

Diezani Alison-Madueke denies awarding $24bn oil swap deal without contract, says she will speak in due time

Former Minister for Petroleum resources, Diezani Alison Madueke has denied an allegation by former group managing director of the Nigerian National Petroleum Corporation (NNPC), Austen Oniwon, that she awarded $24 billion oil swap deals without a contract during her tenure as Petroleum Minister. Oniwon made the allegation when he appeared before the House of Representatives ad hoc committee on Petroleum resources.

In a statement released by her spokesperson, Clem Aguiyi today February 24th, Diezani denied the allegation and said she will speak in due time
“Following the recommendation of the then GMD of NNPC, the minister approved OPAs for a new term of 2 years commencing from 1st January 2015. The entities recommended by NNPC were Sahara Energy Resources Ltd, Aiteo Energy and Duke Oil. NNPC strongly recommended and outlined the benefits of the OPA over the SWAPs and put forward the case for migration from the OPA and crude exchange (SWAP) Contracts to OPAs fully. NNPC posited that the ‘experienced benefits of the OPA to the Federation’, would be much greater. There would have been little need to respond to this particular issue at this time considering that the former minister is still indisposed and would have wished to be left alone to recuperate. She will speak for herself in due time. It is nevertheless imperative that records are set straight so that Nigerians and posterity will know the truth. Mr. Oniwon was right when he stated that the 445000 barrels of crude oil were the property of NNPC, bought from the federal government of Nigeria at the prevailing rate and therefore as GMD, he did not need the Federal Executive Councillor Presidential Approval to enter into SWAP arrangements that will enable NNPC fulfill its statutory obligations. It was also correct that contrary to the picture being painted in the media, not more than 210,000 bpd out of the 445000 bpd lifted by NNPC to ensure adequate supply and distribution of petroleum products were traded under the SWAP arrangement. What the GMD required to execute the above was statutory approval from the minister for the companies! Refineries chosen by NNPC to participate in the SWAP arrangement as outlined in section 4 of the Petroleum Act and section 20 of the NNPC Act. It is however incorrect to say that the former minister gave ‘approval for extension’ unless ‘extension’ can legally be substituted for “renewal” because what the Minister gave (and the records are there) was approval for ‘renewal of contract’. And these approvals were given based on letters of request received from the GMD of NNPC.”the statement read

49 comments:

Yemi said...

Yoruba actress in sextape mess, download

Uju Phil said...

Should we keep waiting for the so called "right time ? Better speak up

Wilheminna Moses said...

Okydoky

pompom said...

The likes of this woman wrecked this country. God is on the throne and he will deliver his judgment in dew time.

STERN said...

DIEZANI, leave those ignorant MOFOS. Let them provide their proof first then you talk. No waste your time abeg

Juliet Iwuno said...

Time shall tell! Linda take note!

Aizeboje Monday said...

okay we are waiting for you to speak
See What This Man Did To This Little Girl

alan blessing said...

Days are running. And buhari is still playing...Economy dying and buhari is still blaming

freeborn zinalima said...

Another accusation from the pit of a..p..c my lady please take care of ur self first and leave Nigeria problem for now.
This is the best womennigeria had ever have she is white than snow may God bless u shame to terrorist buhari afterall the idiot says that he don't have any evidence against the women why now.



















#sad indeed

Anonymous said...

Shut up! Bitch no one believes your corrupt ass. You bloody cancer stricken thief. I still hope you rot in hell. You are still the second Nigerian after abacha for the highest amount of money laundering.

SongsOfSUSSAN said...

All this "speak in due time", "speak in due time" people mmmmmmmmmmmm, I tire. If they speak now what will happen?

Anonymous said...

Just like her boyfriend GEJ.....They will all speak in due time.

*Linda's Future Hubby*

alex Rednaxela said...

This one they're all saying they will only speak when the time is right, when will the time ever be right?
If It's the truth they want to tell us, I don't think there's a time wrong for that.

Adenike Bamigboye said...

Lier

Anonymous said...

somany regrets being in p-square

El Fidel said...

Ok we are waiting

Chikaka said...

Liar, liar pants on fire.

Ogbewe Godfrey said...

We are waiting

Anonymous said...

Let her return to the country to state her own side of the story.

Pearlie said...

You people should leave this sick woman alone

Anonymous said...

Let her return to the country to state her own side of the story.

Ogenah Boris said...

We will be waiting

Ifechukwu Chioke said...

After the cancer finishes with you naa. More Instagram followers for you

PRESIDENT's DAUGTHER said...

Grammar don enter

banji akindele said...

See ooo lol! You are so wealthy after stealing our money (well over £13 billion) and shes still giving time to talk like clueless Jonathan. Don't even worry I trust karma to catch up with you before that due time.

Anonymous said...

Fuck you, lieing son of a bitch!

Luciana Chinda said...

Hahahahahahahaha! You will speak in due time indeed.
Whatever.

Michael Chuks said...

Come back home,onye oshi,what are u going to speak??we already know that its Jonathan that did d runs with u cone and serve ur jail period.

udeh martha said...

Lolzzz. You will speak in due time indeed.

Jamila Shaibu said...

Ok we are waiting...

Anonymous said...

Madam you are a shameless thief!!!!!!! To hell with you wherever you are. Nigerians are up to all your antics and we are tired of it. Release what you fuckig stole!!!!!!

Anonymous said...

All thieves, every time, i will speak in due time.
Why not now?
Could it be you have not well articulated your lies?

Anonymous said...

Ur mother is the bitch

christiana christiana said...

Na wa ooooo




#spritual

dee boi said...

So aunty don suddenly turn deaf and dumb that we can only hear from her spokesperson alone and not he

Anonymous said...

The number one Ignorant MF is your sorry ass. What a waste of Spermatozoa..

Ope Onanuga said...

When is her due time? Our own due time is NOW

Tiny2Bee said...

I wonder why her Cancer waited till GEJ was defeated before it started manifesting it signs n symptoms. Anyways, your case day inside cooler when u finish recuperating...yeye people

Ogbukwa Blessing said...

Ok we are waiting

Anonymous said...

Anon 5:44 seems by ur comment 'ur mother is the bitch',u agree ur mother is a thief

Anonymous said...

Hey anonymous, I hardly do comment fights but you can send your number or email address anything so we can settle, fucking ass wipe!

Miriam Aguzie said...

Patiently waiting#Lindangwanu#

Ichebi Christian said...

Leave this woman alone pls!!!!

Vivian Reginalds said...

Bera come and b probed and stop masking behind cancer
-D great anonymous now as Vivian Reginalds

Anonymous said...

Biko go back to school and learn correct english.best women ko best woman nii

Peace nwadire said...

All these people that's fond of insulting people in authority,none of you here are better than them in all ramifications,if all of you here are weigh on a corruption scale, you all Wil be victims in one way or the other,don't forget that karma is a bitch, that the measure you give that's what you receive. Whether she loot or not doesn't give you all right to insult her even on her sick bed. Everybody got to be mindful of their words so that you won't be ensnared by it . learn to respect people in authority expecially elderly ones, so that you all Wil grow old.

Anonymous said...

Duke energy , duchess energy all of you come back to nigeria and face the wrath of buhari. Awon were.

Oluwa Bukola said...

Madam we await your 'robust response'. #justlovehersha.





#Linda'spal

Mamus Karieren said...

Until Proven Guilty She Is Not A Thief. Anonymous 5:40PM, Mind Your Language Please.

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