Connect with us

Politics

Faces behind deal that landed Nigeria in $9.6bn mess

Published

on

Spread the love

President Muhammadu Buhari on Tuesday ordered the Economic and Financial Crimes Commission, the National Intelligence Agency and the Inspector-General of Police, Mohammed Adamu, to launch a probe into the contract between the Federal Government and the Process and Industrial Developments Limited, signed in 2010.

The controversial contract has become the subject of a $9.6bn judgment debt imposed on Nigeria by a British court last week.

The president also directed that the contract itself should be probed with a view to identifying Nigerians involved in the signing of the deal in 2010 for possible prosecution.

The President’s decision to probe the firm and its activities was based on the fact that the Federal Government suspected foul play in the contract which was negotiated and signed under the past administration in 2010.  But who are the past and present Federal Government’s officials that represented Nigeria to sign the purported contract 2010 between the Ministry of Petroleum Resources and the P&ID?

Umar Yar’Adua

The late President Umar Yar’Adua was technically at the helm of affairs when the project must have been tabled before the Federal Government. However, he was on a sick bed in faraway Saudi Arabia on January 11, 2010 when the contract was signed.

Unfortunately, the soft-spoken President is no longer alive to say what he must have known about the contract that has the capacity to lead the country to steady haemorrhage.

Goodluck Jonathan

President Goodluck Jonathan was Vice President at the time the contract was signed.

Although he was the most senior government official in the absence of his boss, he was treated as a ‘leper’ and an outsider by the ‘cabal’ that took charge of government business in the absence of Yar’Adua.

However, on the doctrine of necessity subscribed to by the National Assembly, Jonathan became the acting President on February 10, 2010 and went on to be sworn in as President on May 6, 2010 upon the demise of Yar’Adua.

Our correspondent learnt that questions were asked on the contract when Jonathan became president but they were not answered. Thus, the fire kept smouldering.

Before Jonathan quit office on May 29, 2015, P&ID and the Federal Government had agreed at a settlement fee of $850m but he decided to hand over the liability to the incoming government of President Muhammadu Buhari.

Attorney General, Michael Aondoakaa

Michael Aondoakaa was appointed the Minister of Justice and Attorney General of the Federation on July 26, 2007. He was reputed to be one of the members of the ‘cabal’ that ruled Nigeria in the absence of Yar’Adua.

It was not yet clear what role he played in the P&ID contract saga. However, as the chief law officer of the country, he was expected to review major contracts before the country could sign such document.

He lost his seat in the cabinet on February 10, 2010 – the day that Jonathan assumed power as the acting President.

Rilwan Lukman

Rilwan Lukman, an engineer, was a recurring decimal in the nation’s oil and gas industry. He was appointed Honorary Advisor to Umar Yar’Adua on energy and strategic matters in August 2007 and in December 2008, he was appointed the Minister of Petroleum Resources.

So, he was the Minister of Petroleum Resources at the time the ministry signed the contract with P&ID. However, he left the cabinet on March 17, 2010 when Jonathan dissolved the Federal Executive Council. He died on July 21, 2014.

Liyel Imoke and Cross River State

Liyel Imoke was the governor of Cross River State between May 2007 and May 2015. Although the GSPA contract was a federal project, his administration might have played some outsider role in the project. As of the press time, it was not certain what role the state government under him played.

Mansur Mukhtar

Dr Mansur Mukhtar, economist and experienced technocrat in both the public private sector, was Minister of Finance at the time the deal with the Process and Industrial Development Limited was signed.

The former Director General of Debt Management Office was appointed the Finance minister by the late President Umar Yar’Adua on December 17, 2008.

As the Chief Finance Officer of the country, a major financial transaction should not scale through without passing through his table.

The Federal Ministry of Finance Incorporated through which the government must have acquired 10 per cent equity in P&ID is also under the purview of the Ministry of Finance.

Mukhtar left the government in March 2010 when Jonathan dissolved the cabinet.

Lamido Sanusi

Lamido Sanusi was the governor of the Central Bank of Nigeria at the time the Federal Government entered into the contract with P&ID on January 11, 2010.

It could not be determined what role he must have played when the contract was signed. However, it is usual for the chief banker of the nation to be aware of contracts that will commit the nation to foreign exchange transactions.

Sanusi, who became Muhammadu Sanusi II, the 14th Emir of Kano, was appointed governor of CBN on June 3, 2009. He was suspended from the apex bank by President Jonathan on February 20, 2014 in controversial circumstances.

Buhari and AGF Abubakar Malami’s role

President Buhari inherited the controversial contract when he assumed office on May 29, 2015. The controversy that surrounds it could have been settled by him with good negotiation.

However, he must have been too busy with preliminaries of taking over power to be bothered about settling a project that was not executed with $850m.

The President also failed to appoint a minister to take charge of legal affairs until November 2015.

 

An official of the Ministry of Justice had told a London court that the handover to a new government was responsible for the delay in implementing decisions reached with the P&ID.

Malami is the current Minister of Justice and Attorney General of the Federation. He has been in charge of the contract suit since he assumed office.

Although he assumed office when the arbitration had awarded the $9.6bn judgment to the P&ID, the company accuses him of ignoring an offer of $850m to settle the case out of arbitration.

Malami has promised that everyone that led the country to the alley would be punished.

Source: Punch News

Continue Reading

Politics

APC’s Can Only Survive With Effective Leadership Recruitment Process – Gbajabiamila

Published

on

By

Spread the love

The Speaker of the House of Representatives, Rep Femi Gbajabiamila has said for the All Progressives Congress (APC) and the progressive movement to survive in Nigeria, there must be a deliberate and effective system of leadership recruitment to identify and prepare people, especially the youth, to occupy the important offices of party and government.

Speaking at the 2021 Progressives Youth Conference of the APC in Abuja on Monday, Gbajabiamila said the party needed to identify competent people both at home and in the Diaspora and bring them on board to be “effective champions of progressivism in the country and in government.”

He said this was the practice all over the world, especially in countries where democracy had developed over the years.

The Speaker also said translating good manifestos into policies by political parties remained the foundation for achievements.

“Political party manifestos are a statement of vision and vision is the foundation of all achievements. For a nation such as ours to succeed, we must first define a common vision that will inspire us, bring us together, and provide the focus that allows us to persevere through the inevitable difficult times,” Gbajabiamila.

He noted further: “Political parties exist to mobilise public support to form a government and to superintend over the affairs of the state. To be successful in this regard, political parties must reflect in their membership, the broad spectrum of the society it seeks to govern.

As is the case with all other contractual documents, the commitments contained in the party manifesto are the basis upon which the party’s record in government will be measured and its leaders will be assessed both in real-time and in the judgment of history. As it has been throughout history, so also will it be for us in the All Progressives Congress (APC) as we too will answer for what we have done with our time in government.”

Gbajabiamila also said the most important factor that determined whether a political party in government would succeed in implementing its manifesto would be the process by which the party arrived at the manifesto in the first instance.

 

Continue Reading

Politics

LG Poll: Ogun APC members protests against imposition of candidate

Published

on

By

Spread the love

Some aggrieved members of All Progressives Congress (APC) in Ogun on Tuesday staged a protest to express their displeasure over alleged imposition of candidate ahead of the July 24 council polls in the state.

The APC members from Abeokuta-North Local Government Area staged the protest at the premises of Nigerian Union of Journalists (NUJ) at Oke-Ilewo in Abeokuta.

The protesters said though they still hold their loyalty to Governor Dapo Abiodun, they were opposed to “the choice of a wrong candidate in our area.”

The members frowned at and rejected the alleged imposition of Abdusalam Ayorinde by the APC leadership as the party’s flagbearer for Abeokuta-North council area at the forthcoming polls.

The leader of the group, Babatunde Olajumoke, who addressed journalists, said that the people’s choice was Tajudeen Ishola, whom he said, had been identifying with the people over the years.

Saidat Akinlade, another APC chieftain in the area, explained that the chances of winning the polls in the area is brighter with the candidature of Ishola.

Mrs Akinlade, who restated the loyalty of the members for Gov. Dapo Abiodun, noted that some “selfish” party leaders might have misguided the governor on the choice.

She called on Mr Abiodun to invite Mr Ishola and other party leaders from the local government area and the state for a dialogue on the matter.

“We want the governor to call us for dialogue and hear our own agitations so that the party would continue to record landslide victories in the polls in the area,” she said.

(NAN)

Continue Reading

Politics

APC may not survive after Buhari’s tenure, party wasted four years, says Sen Lawan

Published

on

By

Spread the love

Senate President Ahmad Lawan has said the All Progressives Congress (APC) may face challenges after the exit of President Muhammadu Buhari in 2023.

Lawan gave the warning on Monday night in a speech delivered to close the First Progressives Youth Conference 2021 which held at the International Conference Centre, Abuja.

He said the party must begin to plan ahead to sustain the goodwill and legacies of the present administration.

He noted that by doing so, the party would be able to retain its appeal and nationalistic outlook beyond the 2023 general elections.

He said, “Whether we like it or not, the truth is, President Muhammadu Buhari remains the person with the bulk of the support we get across this country in APC.

“[And] when he leaves, he would still have some roles, but I daresay that it is after he leaves office that APC will face its challenge.

“Yes, we have to know our value then, and the value of APC presently is APC minus President Muhammadu Buhari. Whatever it is, that is the value of APC.

So, we need to do a lot to build this party, and we need our youths more than ever before for them to continue with this legacy that this administration has established all over the country.

“That means we have to see our selves as brothers and sisters regardless of where we come from.

Our tribe or even ethnic group, our religious persuasion should not matter when it comes to uniting this country.

“[And] as APC, the onus is on us to provide security and an economy that will bring growth and development to give people the kind of life that is meaningful.

We can ask others to join us, but we are the ones to do it, so we need all hands on deck.”

He lamented that the plan of the APC to deliver on most of its promises to Nigerians was stalled in the first tenure of the President Buhari administration as a result of the feud between the National Assembly and the Executive arm of government.

“When we were voted in 2019 as leaders of the National Assembly, we were conscious of one thing, that our mandate that was given to us by Nigerians in 2015 had suffered disruption and dislocation.”

For four years (2015 to 2019), our government could not perform optimally because of the then crisis between the parliament – the National Assembly – and the Executive arm of government.

“So, APC had already lost four very important years. And, that was supposed to be the years that we should have convinced Nigerians that they took the right decision by voting out a PDP administration in 2015.

“What are our options? We are one party in different arms of government. Our policies are supposed to be the same. Our programmes and projects are supposed to be the same, whether you’re in the legislature or the executive.

So long as you are APC, that is your programme and project, that is your government and you are bound to make it succeed.

“So, we took the conscious decision of working in harmony that our relationship must be characterized by consultation, coordination, partnership and mutual respect, that we must succeed in the second tenure (2019 – 2023).

“Otherwise, in 2023, many would like to see our backs if you can’t provide the services expected of you in your first four years.

And] you to change and do better, why would anybody give you eight years?
“So, we felt we have an obligation to Nigerians who voted for us, to our people in APC and to our country, that we must work in such a fashion and manner that government is able to deliver services to Nigerians.”

 

Continue Reading

Trending

%d bloggers like this: