Controversy trails revelation of oil block ownership…..THE GUARDIAN

FOLLOWING the shocking revelation on Wednesday by the Chairman Senate Committee on Business and Rules and Senator representing Akwa Ibom North-west in the upper chamber, Mr. Ita Enang during the Petroleum Industry Bill (PIB) debate, that about 83 per cent of the entire oil wells in the Niger Delta are owned by Northerners, former Vice Chancellor of Ahmadu Bello University (ABU), Zaria and member of Northern Elders Forum (NEF) Prof Ango Abdullahi has demanded for the comprehensive and authentic list of ownership of oil wells so that Nigerians will know the truth and the way forward…..

click to read full story:

Oil block allocation has been turned into a national cake shared in bits and pieces to those in the corridors of power.It is even interesting to note that quite a lot of the allocations have not been utilised for reasons ranging from lack of funds or negotiation breakdown between recipients and foreign partners.Things are never done like this in countries that put development in the front burner. This Government now has the golden opportunity to reverse this but its unlikely to happen as they also seem to have been bitten by the “its our time, paddy paddy bug”.
we should all talk out as we say our voices must be heard!

Be the first to comment

Leave a Reply

Your email address will not be published.