How Diezani Alison-Madueke Plans To Sell Refineries To Fronts

Nigeria's minister of Petroleum Resource, Diezani Allison-Madueke

The planned sale of Nigeria's four refineries next year is a well-designed scam calculated to hand over the country's premium downstream assets to associates and fronts of the Minister of Petroleum Resources, Diezani Alison-Madueke, who is also representing the financial interests of President Goodluck Jonathan in the deal, SaharaReporters can report.

According to several senior officials at the ministry, four of the minister's friends have been penciled in to emerge as preferred bidders by “any means necessary” even as the Bureau for Public Enterprise (BPE) has announced its readiness to commence the sales next year. Top on the list of the “preferred” buyers is Mr. Jide Omokore, the multi-billionaire PDP figure who has received numerous juicy deals since Ms. Alison-Madueke was made Minister of Petroleum Resources by President Goodluck Jonathan in 2010. Mr. Omokore is the chairman of Energy Resources Group, whose subsidiary, Atlantic Energy Drilling Concept Limited, was involved in a highly scandalous operatorship take-over of the oil mining licenses (OMLs) of the Nigerian National Petroleum Corporation (NNPC) in 2011.

Mr. Omokore, whose private jet is regularly put at the disposal of Ms. Alison-Madueke (as do jets by her other fronts and associates), famously funded an obscene wedding in Dubai for his son, Oluwatosin, last June. Some estimates put the cost of the wedding, which was attended by state governors, ministers, senior civil servants, senators, former governors and political godfathers, at $10 million. Oluwatosin’s bride is Faisal AbdulKadir-Fari, a daughter of Ambassador Abdulkadir-Fari, then the Permanent Secretary in the Ministry of Petroleum Resources.

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