Thursday, 8 November 2012

Otedola sues Tambuwal, Lawan for N250 billion damages


Chairman, Zenon Petroleum and Gas Limited, Mr Femi Otedola has filed a N250 billion suit against the Speaker of the House of Representatives, Aminu Waziri Tambuwal, and former chairman of the House ad hoc committee on fuel subsidy probe, Honorable Farouk Lawan.
Chairman, Zenon Petroleum and Gas Limited, Mr Femi Otedola has filed a N250 billion suit against the Speaker of the House of Representatives, Aminu Waziri Tambuwal, and former chairman of the House ad hoc committee on fuel subsidy probe, Honorable Farouk Lawan.
The oil mogul dragged the two legislators before an Abuja High Court, where he is claiming the sum of N250 billion as compensation for business losses he suffered by the action of the two defendants.
The suit filed by Babajide Koku (SAN), is seeking N100 billion as general damages on behalf of Mr Otedola, for acts of intimidation, loss of good-will and patronages occasioned by the acts of the Speaker and Farouk.
Joining in the suit, Zenon Petroleum and Gas Company, a company owned by Mr Otedola, sought another N150 billion against the defendants as exemplary damages for their alleged oppressive and arbitrary actions against him and his company.
Reps to deliberate on Farouk next week
The plaintiff is also challenging an alleged move by the legislators to re-list his company among the oil firms already indicted for allegedly defrauding the federal government with the fuel subsidy scandal.
The House of Representative is expected to deliberate on a report by a committee that was set up to investigate the bribery scandal.
In his 28-point statement of claim, Otedola averred that by resolution of January 8, this year, the lower arm of the legislature, set up an adhoc Committee to verify and determine the actual subsidy amount made to oil companies and to also monitor the implementation of the subsidy in the country.
He claimed that Honourable Farouk later allegedly contacted and informed that his company was going to be indicted for purchasing foreign exchange from Central Bank of Nigeria without importing fuel.
The business man explained that in spite of his explanations, Farouk allegedly demanded $3million bribe to enable Zenon Oil get a clean bill of health.
He contended that Farouk resorted to persistent phone calls threatening him that his company would be included in the list of indicted oil importers and that the image and reputations of Zenon Oil would be greatly affected unless he pays the $3million.
Faced with the unrelenting barrage of intimidating phone calls, the plaintiff claimed that he became distressed and reported the unlawful demands to the security agencies.
He claimed that he secured the advice of security agents to play along by giving marked money to Farouk with a view to gather evidence for the nefarious activities.
Otedola alleged that the situation got to the peak on April 18 when the fuel subsidy probe report was submitted indicting his company.
He further claimed that Farouk called had assured him that Zenon Oil can be delisted from the list of the indicted ones prompting him to give $620,000 marked money in two installments with $500,000 to Farouk and another $120,000 to one Boniface Emenalo on the instruction of Farouk.
With the bribe paid, the plaintiff stated that Farouk on April 24, moved a motion in the House of Representatives to delist the name of Zenon Oil from the indicted company but was still persistent in demanding for balance of $2,380,000 prompting him to report the incident to Police.
The plaintiff asserted that in spite of the on-going police investigation, the Speaker and Honourable Farouk have allegedly conspired to re-list his company among the indicted companies to embarrass him and his business corporate image.
He claimed that the purpose of re-listing Zenon Oil was to force and intimidate him to drop his complaints against Farouk.
Otedola therefore asked the court to award him N250 billion for the grave injuries done to his reputation and business image resulting in the substantial loss of goodwill and patronage of the business built over the years.
However, the Speaker and Farouk have filed an objection to hearing of the suit by an Abuja High Court claiming that it is only the Federal High Court that can adjudicate over such a matter.
Justice Peter Kekemeke of the Abuja high Court has however adjourned the case till November 23 for a substantive hearing.
LibertyReport

Buhari rejects Boko Haram’s offer

by:

Buhari rejects Boko Haram’s offer
Former Head of State Gen. Muhammadu Buhari has rejected his nomination by fundamentalist group Boko Haram to moderate the proposed talks between it and the Federal Government.
The sect, whose attacks have left hundreds of people dead, last month held out an olive branch to the government.
It, however, gave some conditions, one of which is that some eminent Northerners, including Gen. Buhari, should moderate talks, which it is proposing to take place in Saudi Arabia.
Yesterday, Gen. Buhari said he would not have anything to do with the talks.
“How can I represent the people I don’t know? That I didn’t believe in their cause and struggle. How can I work for government of Boko Haram?,” he said. The General spoke yesterday in Abuja after a meeting of the Board of Trustees of the Congress for Progressive Change (CPC), the political party on whose platform he contested the 2011 Presidential election.
“I do not know any member of the Boko Haram sect. I do not believe and I do not know of any religion that will go and kill people, burn schools”, Buhari said.
In his view, the Federal Government has lost control of the country’s security.
Said Gen. Buhari: “There was a stage when I mentioned that I agreed with one fellow, who said there are three Boko Haram groups – one of Muhammed Yusuf whom we know of. A leader of the military then in Maiduguri did what we know in the military about internal security. They looked for Yusuf and handed him over to the police.
“A healthy young man who died under a very dubious manner in the police custody. Again, his in-law was murdered, their houses razed down.
I understand that Borno State government had to pay compensation. The second Boko Haram are the criminals attacking banks and market places stealing money and issuing statements that they are Boko Haram and I have no regret saying that the biggest Boko Haram is the Federal Government itself, because it has all the powers to stop anarchy in the country. Now, the social part of the country has been paralyzed, economic activities have stopped. People are no longer thinking of employment, they are thinking of what to eat and how to go about the following day.
“Why is it that government could not do it with all the military, police and other security agencies and with all the resources available?, he asked.
Gen. Buhari also spoke on the CPC BOT meeting and the re-election of United States President Barack Obama.
Gen. Buhari said: “Today, we met and reviewed what transpired in our party from the time of the elections through the tribunals to the Supreme Court and the elections in Kogi, Adamawa, Sokoto and the by-elections across the country.
“We are done with all these problems and we have discussed how to move forward. Among the things discussed is the matter of merger, which has occupied the minds of most Nigerians as the only realistic way of consolidating the multi-party democracy system for the opposition parties to come together and fight the ruling party, Peoples Democratic Party (PDP). I challenge the elite to go and do some research, from 1999 till date, how much Nigeria earns and where the money is.”
On Obama’s re-election and lessons to learn, he said: “The second coming of Obama is another big achievement for the US and we congratulate them as a country and as a people. He worked for it, he deserves it and he got it. His fundamental belief that the government is to look after the weak, in terms of the heath policies saved him. All are behind him and the system is working.”
At the BOT meeting were Buhari’s former running mate, Pastor Tunde Bakare, former Minister of the Federal Capital Territory, (FCT) Mallam Nasiru el-Rufai, CPC National Chairman, Prince Tony Momoh, Nasarawa State Governor Umaru Tanko Almakura and former Minister of Works Hassan Lawal. among other.
TheNation

Nigeria Has Made Progress in Meeting Security Challenges, President Jonathan Assures New Ambassadors


President Goodluck Jonathan with Austrian ambassador to Nigeria, Mr Joachim Oppinger
By SaharaReporters, New York
President Goodluck Jonathan says Nigeria has made “significant progress” in meeting the country’s security challenges. A State House press statement said the claim was made in a meeting with Switzerland’s new Ambassador, Mr. Hans-Rudolf Hodel, who presented his accreditation documents.
Jonathan received three other ambassadors at different ceremonies, the statement said, and urged them to encourage more business delegations from their countries to visit Nigeria.
“We are making significant progress in meeting our recent security challenges and we shall continue to improve, so investors have nothing to fear,” he told Mr. Hodel.   “Nigeria is a huge market, with many green areas waiting for investors.  I urge you to prepare the ground for more robust economic relations between our two countries.”
According to the statement, President Jonathan also told the new Egyptian Ambassador, Mr. Ashraf Abdelkader Elmorsi Salama, that both countries have a crucial role to play in the African Union, especially because of their strategic locations and population.
“The new Ambassadors told the President that they were impressed by the vast opportunities in Nigeria, and expressed their determination and commitment to improving trade and other mutually beneficial relations with Nigeria.”
The other new Ambassadors are Mr. Svante Kilander of Sweden and Dr. Joachim Oppinger of Austria.

Ten Reasons Why We Asked Okonjo Iweala To Resign – Dino Melaye

Former lawmaker, Otunba Dino Melaye has given reasons why he led a protest yesterday, Wednesday, to the Ministry of Finance’s headquarters in Abuja, where they demanded for the resignation of th minister and co-ordinating minister of the economy, Ngozi Okonjo-Iweala.
The ACN Chieftain in Kogi state, in a statement titled “Why we asked Okonjo Iweala to resign”, posted on his Facebook, raised the following posers:
1) Why was pinnacle one of the 25 oil thieves paid N2.7billion without registration with corporate Affairs commission. We asked who owned the company and who authorized the payment?
2) Why are getting indebted again to the tune of billions of dollars now that she is coordinating the economy after escaping debt few years ago?
3) Appropriation law is like any ot her law in Nigeria,so not implementing the budget as passed is a breach of law,why did madam Okonjo implement our capital budget below 50%, knowing fully well that,that is where the masses can benefit from,in terms of roads,medical deliveries and infrastructural development generally.
4) The secret account opened with JP Morgan in America,we want her to tell Nigerians,who opened it,who operated it,despite the constitution says all monies must be paid into the consolidated revenue account of the federal Govt.
5) She is an imperialist agent in Nigeria,thats why she supported the 5k Naira note the CBN almost introduced.
6) There is so much corruption under her as minister and she has not been able to check corruption in the oil sector,so why is she the coordinating minister of the economy
7) We are yet to recover from the 1986 introduction of SAP,any further imperialist agenda will further destroy our economy.
8) Why is she saving when the people are starving and dying?
9) With all her over bloated and rated economic prowess, unemployment, value of Naira, per capital income, standard of living, FDI, manufacturing,  etc all on the decline.
10) Under her as minister corruption has grown from the stealing of billions to trillions un abated
Dino, who is the secretary of anti-graft watch dog, Anti-corruption Network of Nigeria, said, “we must fight corruption to stand still, even if we do it at the risk of our lives. We must salvage our country from economic cankerworms and financial scavengers. We have no other country other than Nigeria. Nothing personal with any public officer in Nigeria but any where we find corruption,we will expose it. God bless Nigeria.”
Meanwhile in a statement signed by Paul Nwabuikwu, spokesman to Dr. Ngozi Okonjo-Iweala, the minister described Dino as a “disreputable” individual adding that “Nigerians are, of course, not deceived by the antics of Mr Melaye who has no known pedigree as a civil society activist or even a reputation for honour or common decency.”
He was also accused of carrying out a protest sponsored by oil barons indicted and are currently being investigated and prosecuted for subsidy fraud.
InformationNigeria.org

Ribadu’s Report Drama: Who Says Jonathan Wants To Fight Corruption? – By Chinedu Ekeke


Give President Goodluck Jonathan hundred years to rule Nigeria, he will not successfully prosecute even one person in his much vaunted fight against corruption. In fact, as a rule, there’ll be a sort of liberalization of corruption under his watch. The image of invincibility he creates about corruption helps him sustain his personal – but nauseatingly pedestrian – idea of corruption being a Nigerian thing that can never be tackled by anybody.
This isn’t one simplistic assumption. I can stake anything for this claim. Mr Jonathan is a creation of the corruption he tells people that he’s fighting. In 2006, he was indicted for false declaration of assets by a Joint Task Force (JTF) on corruption that was set up by Obasanjo’s government. That powerful panel was headed by Nuhu Ribadu (yes, the same Ribadu you know) then as the chairman of the Economic and Financial Crimes Commission (EFCC).
The Joint Task Force said Mr Jonathan was in possession of illegally-acquired property such as homes and exotic cars he could not explain within his legitimate income. While he was invited for hearing, he claimed he bought them from his “savings”. Meanwhile, he was a lecturer in the few years following his becoming a deputy governor. Now hear the worth of the properties which were brought from Mr Jonathan’s ‘savings’: a seven-bedroom duplex worth N18 million at Otuke Ogbia LGA acquired in2001; a four-bedroom duplex, valued at N15 million at Goodluck Jonathan Street, Yenegoa, acquired in 2003; and a five-bedroom duplex, at Citec Villas, Gwarimpa II – Abuja, valued at N25 million, also acquired in 2003. There were also two cars: a Lexus Jeep valued at N18 million; and a BMW 7351 Series worth N5.5 million. If you check the dates, the purchases were made starting from 2001, just two years after becoming a deputy to a criminal governor convicted for fleecing Bayelsa state.
So Mr President, a candidate for prison who had no business being in Aso Rock ab initio, became appointed the running mate of Late President Yar’Adua by Obasanjo, the same president whose powerful committee indicted him. This is the core of the matter with corruption under Jonathan. He’s a cheerleader for the corrupt, and he seems, I have observed with deep concern, to always be excited whenever there’s a stage-managed drama to ridicule the outcome of serious probes that indict key members of his government.
It is not that we all do not have a past that we may be ashamed of; it is about having a sad past we still live in and cherish. This president still resides in his past, a past he should not be proud of, but a past he desires, unfortunately, to have every public official under him share from. This is why Mr Jonathan is dangerous for Nigeria. Any country that values decency and is desirous of economic growth cannot afford to have as its leader a man who is an apostle of primitive acquisition of wealth.
In my previous essays, I have insisted, and with proofs, that Nigeria cannot step out of where we are economically if we don’t wage a true war against corruption and impunity. The war I mean isn’t Jonathan’s committee’s setting approach. The war I know is the type that’ll be led by the president himself.
It requires a certain depth of love for country by the head of the country’s government himself. Unfortunately, I haven’t seen any sign from Mr Jonathan that he loves Nigeria. If he lays any claim to ’love for country’, then I can wager the reason: enough free oil money to corner.
I don’t know of any administration in either pre or post-independence Nigeria that has been rocked by the weight of financial scandals under Mr Jonathan’s gleeful watch. He simply sets up a committee, and have aides arrange how to mock its outcome.
Last year, the legislature approved for Nigeria N240b for fuel subsidy, and then before the year ran out, Mr Jonathan’s government had already spent over a trillion naira on that without batting an eyelid. Then when it appeared their recklessness had thrust illiquidity upon their faces, they pushed the cost of the roguery of their friends onto Nigerians and titled it subsidy removal. We vehemently refused that, and argued, as every average thinking person would, that the answer lied in prosecuting those who defrauded the Nation of trillions of its revenue, and recovering the funds from them. They pushed their way through. At a town-hall meeting to sell their untruths to Nigerians, Mrs Okonjo-Iweala even delved into the ridiculous when she alluded to the need for us to help them fish out those who sabotage the nation economically. Well, that comment ended up being one of the many jokes, albeit very unintelligent ones, that have been dropping out of her mouth since she joined this government.
The push of Nigerians for transparency in the management of their oil revenue led the responsive House of Representatives into setting up an adhoc committee that probed the management of the subsidy regime. Headed by Farouk Lawan, the committee doubled-down on government’s complicity in the subsidy fraud, and even the roles played by key government agencies and parastatals in destroying the country they were set up to serve. But as the committee was at work, Femi Otedola, one of the three closest businessmen to the president (the other two are Aliko Dangote and Aig Aigboje Imoukhuede of Access Bank) was out to rubbish the report and render it useless. He set Farouk up and bribed him with some dollar bills. When it was time to use the ploy in the achievement of its original purpose, Femi Otedola proudly informed Nigerians that he gave bribe to a legislator. There was joy in Jonathan’s presidency. As you read these, Otedola is the president’s Man-Friday, walking freely on the streets and even attending some important state functions with him.
The Jonathan camp changed the narrative. Farouk Lawan’s report was now labeled as lacking in credibility. It was shocking. Nobody talked about why it should be implemented while the culprits in the bribery saga get prosecuted for such massive economic sabotage. Don’t prosecute them since Femi was involved. Just rubbish Farouk and then kill the report.
And then came the Petroleum Revenue Task Force headed by Nuhu Ribadu. It was set up by this same government to look into the affairs of the oil industry from 2002 – 2012. The committee’s report has long been ready. It was formally presented to the president on Friday where another comedy, in the manner of Otedola’s, played out. Mr. Steve Oronsaye, Nigeria’s former Head of Service and Vice Chairman of the Task Force played the spoiler. He was part of the committee but was not attending deliberations until it was time to discuss recovery of funds owed by some companies. He attended the meeting and then scuttled the Task Force’s efforts to recover $1.5billion from Addax Petroleum.
Justifying his well calculated attempt to make nonsense of the report, Mr Oronsaye claimed he was a believer in processes, and that the process that led to the compilation of the report was flawed and so ‘unimplementable’. Oronsaye did not have the courage to tell Nigerians that he accepted appointment into the board of NNPC even while still serving as a member of the Task Force, and that such was a necessary condition to erode his objectivity on the matter. Oronsaye did not have the decency to resign his membership of that Task Force when he took up the board membership appointment. That must be how ‘credible’ people act in the world Mr Oronsaye happened from.
Which leads to the next question: Who appointed Steve Oronsaye in the NNPC board while he was carrying out another task that entailed auditing the same NNPC? Was the presidency not aware of the conflict of interest in that regard? Was Steve the only Nigerian qualified to be a board member of NNPC such that he would need to serve in the committee that probes the corporation a board member of which he is? Mr Oronsaye must have been planted in that Task Force to discredit it.
And if the only issue Mr Oronsaye has with the recommendations is the process in their compilation, and not the recommendations themselves, why did he declare them ‘unimplementable’? One would have thought that the real issue is in whether the recommendations were outside what the Task Force members collectively agreed upon.
My understanding of how this corruption-building administration of Goodluck Jonathan works tells me this was designed to ensure corruption in the oil industry remains blossoming.
The report reveals that between 2008 and 2011, Nigerian oil ministers handed out no fewer than seven discretionary licences and claimed that a total of $183 million (about N28.7 billion in signature bonuses was missing from the deals. The report also claimed that three of the oil licences in question were awarded within the tenure of the present Petroleum Minister, Mrs Diezani Alison-Madueke. Diezani was indicted by the Task Force. This isn’t the first time she’s being indicted in a probe of this manner.
The whole drama is to rub it on our faces that Goodluck Jonathan is comfortable with corruption. He will neither sack Diezani nor give Nigerians any reason to assert that she is indeed corrupt even in the face of prima facie evidences. And there are always Oronsaye’s and Otedolas who are willing to help out.
Those who are surprised – I wonder who should still be by now, anyway – about the game of deceit in President Goodluck Jonathan’s government may need to take time to study more the man they expect good governance from. A man who desires everybody around him to share from the proceeds of sleaze will not stop the growth of sleaze. What you tolerate you cannot exterminate.
Any leader who doesn’t see as evil the mismanagement of public funds isn’t fit to lead even himself, let alone his household. This is the character that runs today’s Aso Rock. And this is unfortunate.
Saharareporters

‘HOPE HARRIMAN MADE US LAUGH’


HARRI
Chief Hope Harriman, Delta’s foremost chartered surveyor, industrialist and community leader, who passed on at the age of 79 in the United States of America on Wednesday after a brief illness, has been described as a detribalized man who crisscrossed the ethic divide in the state to the benefit of all.
His death took many by surprise being always physically strong despite his age.
Former Commissioner for Information in Delta state and renowned lawyer, Mr. Bolatsi Dudu,  described Harriman as a good, fearless, very humorous man.
He said: I related with him (Harriman) for many years on the Committee of Concerned Itsekiri. He was a great guy. What I will miss Chief Harriman for most was the sense of humour. He always made us laugh.
“It was usual for him to come to our meetings late and he would throw banters all over the place to the extent that he would almost disrupt the meeting but despite that aspect of him to come to meeting late and turn everything to a joke, he was a great contributor of ideas and, above all, he always made us laugh. I admire him a lot
“I will tell you something I will remember him for till I die: there was this day we were in a bus to tour the mountains in Denver, Colorado, USA, and he was talking about how he had returned to Nigeria from a trip to, I think, Japan, before he came to the United states to the convention we both were attending, in 2003. And I said to him, you are all over the place, you don’t sit in one place. He said to me ‘Bolatsi, you know what, if you want to live long don’t stay too long in Nigeria all the time, if you can afford it,  the country can be so hard and frustrating’  and that is why he takes off once every month or so and I have learnt that from him. He always travels out from time to time to cool down his pressure of life in Nigeria and I totally agree with him.”
On the possible cause of death, Dudu said: “I would imagine he died of old age, uncle Harryman wasn’t too young. The last time I was with him he looked well and he took very good care of his health. I remember about three years ago when we were discussing how prostrate illness could incapacitate a man and he said he was doing well with his and in perfect shape.”
Chief Bright Okumagba , Warri based politician, described late Harriman  as a detribalized man, saying “I related with him when I was involved in Delta PDP politics and  when his daughter was running for the House of Assemble. To make his daughter acceptable to the people, he showed his respect and humbleness. He was very straight forward when handling land dealings. His death is very unfortunate. “
Chief Hope Harriman was born in Warri, Delta State. He is a Chartered surveyor by profession, a Fellow of the Royal Institution of Chartered Surveyors, Nigerian Institution of Estate Surveyors and Valuers, Nigerian Institution of Management.
He attended Christ College, Cambridge 1955-1958. He headed boards of numerous companies such as NDCC, NBTC, Evans Medical Plc in his memorable career as an industrialist.
TheGuardian

21-year-old Nigerian girl emerges as University of Kent’s most oustanding graduating student


A 21-year-old Nigerian foreign student, Nana Skari, recently emerged the most outstanding graduating student of University of Kent in the United Kingdom. She graduated with a first class Bachelor of Engineering degree at the institution’s Department of Computer Systems Engineering at the Kent’s University.
Taking a look at the school’s profile, the University of Kent founded in 1965, is best known for its world-class research, excellent teaching and an inspiring student experience with international links across nations.
The university is also frequently ranked among the top 30 in British universities. So, with this kind of background, one can imagine how proud it is for Nana, a Nigerian, to study engineering at this prestigious university and graduate with a first class degree.
Even, apart from being the overall best student, Nana also won a separate outstanding award in engineering.
What makes her award unique is the fact that it was given to her by the country’s Institute of Engineering and Technology (IET), a national body in charge of accreditation of all engineering, computing, multimedia, and information technology programmes at both the undergraduate and postgraduate levels in the UK.
Born in Borno State, Nana at an initial stage of her education, had thought of studying paediatric neurosurgery.
Why she couldn’t go for paediatric neurosurgery was not because she didn’t meet up with the basic requirement qualifying her for admission into the course, it was because she preferred to study a course she said she has a natural flair for. In her words, she said: “A course I enjoy doing.”
Also, she loves mathematics, which she considers to be the “best thing in the world,” hence, she opted to study engineering.
Nana recalled that as a student, many people looked down on her ability to record a good performance because to them, she was too playful, and the fact that she goes late to class and being a “back bencher,” still made the matter worse.
“I’ve never answered questions voluntarily in class unless it was directed at me,” for this and other earlier stated reasons, Nana said “many people underestimated my abilities.”
altBut if not for God, who Nana said had blessed her to be a “focused, optimistic, autonomous, and enthusiastic person,” the principles which ordinarily worked for her as a student, it would not have been so easy passing with flying colours.
“I’m the most serious person when it’s time to work and I play hard when it’s time to play.”
“If I want something, I work hard to get it. Settling for less is not even an option,” Nana said.
Nana, before travelling abroad, had her basic and secondary education in Nigeria. She attended Tender Care in Kaduna, for her pre-school and primary education.
She later proceeded to Danbo International College, also in Kaduna, for her secondary education, after which she left Nigeria for David Game College, London, for her A-Levels and later got admitted to University of Kent.
Now, Nana has made up her mind to pursue a Master of Science degree in International Oil and Gas Management, because, according to her, she would not want to limit herself to the engineering field. “I want to broaden my horizon.
“I believe Nigeria is a blessed nation. We are going through a lot at the moment but I believe in redemption. I do hope our parents and grandparents can rest and give us the future leaders a chance to restore hope to our nation.
“Yes I’ll move back home at the completion of my masters, get married, gain some work experience, learn how to apply my knowledge to the real world, and continue my journey to being the Oprah Winfrey of my generation,” Nana said.
 DailyPost