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Perry Okolugbo: Addax OML license saga - The real facts

In 1998, the Nigerian National Petroleum Corporation (NNPC) entered into a 20-year PSC (Production Sharing Contract) in respect of certain oil mining

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Examining Addax Lease Revocation, Restoration

Examining Addax Lease Revocation, Restoration
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Magnus Abe debunks '$650m oil scam', says DPR was right to revoke Addax oil licences

ON THE GO Wike on insecurity: Governors only running to Abuja to take photos with Buhari Nyesom Wike, governor of Rivers, says some of his colleagues are only running to Abuja to take photographs with President Muhammadu Buhari, instead of tackling the challenges in their states.. Protect dams in Niger, audit military assets Reps recommend 11 steps to tackle insecurity The house of representatives has recommended 11 things Nigeria must do to address its growing security challenges.Advertisement At an executive session on Tuesday, the green chamber urged President Muhammadu Buhari. IPOB interview: Channels TV has apologised for breaching broadcast code, says NBC

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EXPOSED: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650million Oil Contracts To Themselves

EXPOSED: Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650million Oil Contracts To Themselves The decision to hurriedly sell the OMLs had been conveyed in a letter signed by the Director of the Department of Petroleum Resources, the industry’s regulatory agency. by SaharaReporters, New York Apr 26, 2021 The last may have not been heard about the mega fraud concerning four Oil Mining Leases formerly operated by the Addax Petroleum Nigeria Limited, which are being plotted to be diverted to proxy firms linked to the Minister of State for Petroleum Resources, Timipre Sylva, and President Muhammadu Buhari’s nephew, Mamman Daura.

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Petroleum Minister, Cronies Plot Kangaroo NNPC Report To Divert $650million Oil Contracts To Themselves

The last may have not been heard about the mega fraud concerning four Oil Mining Leases formerly operated by the Addax Petroleum Nigeria Limited, which are being plotted to be diverted to proxy firms linked to the Minister of State for Petroleum Resources, Timipre Sylva, and President Muhammadu Buhari’s nephew, Mamman Daura. Sylva has set up a kangaroo committee of the Nigerian National Petroleum Corporation headed by Senator Magnus Abe to look into the four leases – OMLs 123, 124, 126 and 137 – which were all operated by Addax Petroleum Development Nigeria Limited but which were being plotted to be given to Kaztec Engineering Limited/Salvic Petroleum Resources Limited.

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