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| Minister of Aviation: Stella Oduah |
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| Gen: Abdusalmi Abubakar |
Oduah who is the Federal Minister for Aviation is a major shareholder of one of the indicted oil companies, Sea Petroleum and Gas Company Limited [SPG] with Headquarters in Lekki Lagos which jointly collected a whooping sum of N230,184 billion on Premium Motor Spirit [PMS] volume of 3,262,960225, liters but which was not supplied by SPG, sources said was registered on May 3rd, 1998 “to carry on the business of licensed bunkering of petroleum and other mineral oil in all its branches”. SPG’s registration number is 221250 while it has three other Directors apart from Stella Oduah, Erotomi Buwa and Elizabeth Stewart.
Sources at the Corporate Affairs Commission [CAC] further disclosed that Oduah owns 1,999,000,000 out of the two billion shares while the remaining 1,000,000 are being held by the three other directors.
Also, the former Head of State, Genera Abubakar [Rtd] who is the major shareholder in Maizube Petroleum Limited is indicted with the report.
Abubakar holds 600,000 shares in the company registered in 2003 with a one million share capital. Maizube has two other Directors namely Abubakar Isah and Abubakar Aminu.
It was gathered that the leadership of the House of Representatives is desperately pushing for the implementation of the committee report and has allegedly sent copies of the report to the presidency, Economic and Financial Crimes Commission [EFCC], Police and State Security Services [SSS]..
However, it was further gathered that the President is under pressure from his advisers to relieve the Aviation Minister, Stella Oduah of her appointment in order to protect the integrity of his administration.
Sources disclosed that Jonathan is worried by the involvement of the minister and influential Nigerians in the Oil subsidy scandals, which according to the sources had brought panic to the President’s mind on how to dismiss the Minister.
The sources added that the indicted Head of State is buzzing all contacts to forestall the implementation of the oil subsidy report; the powerful Nigerians have allegedly reached out to the Presidency pleading that the action be withheld on the committee’s report on the basis that the committee was vindictive and not thorough in its investigation.
Abubakar has also allegedly reached out to friends in the House of Representatives and those from his state and the six geopolitical zones to block the committee’s effort at publicizing the report until they find away to obviate their purported indictment. Click to signup for FREE news updates, latest information and hottest gists everyday
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what a shame
ReplyDeleteThey are now qualify for another "nation honour"
ReplyDeleteWhat's the big deal?! Same old story!
ReplyDeleteAbubakar is not new to corruption. Just before handing over power, he spent $285million to repair the Kaduna and Port Harcourt refinaries which never worked. Obj awarded his N2000(two thousand naira)company a N19billion power contract and paid him N13billion up front! Over three years of completion date, Nigerians are still waiting for the 419 General!! Shame Obj, shame Abubakar!!
ReplyDeleteSo this man is not honest with all the respect I gave him as the best president that left the position without problem in the country. Kai
ReplyDeleteWE'RE WATCHING, THE PRESIDENT IS ON TRIAL, LETS SEE HOW HE WILL GO ABOUT THIS. MAY THE WISDOM AND WILL OF GOD PREVAIL.
ReplyDeleteNo big deal, we are just in a circus, going round the corruption circle.
ReplyDeleteHuuum....Hope these would end one day!
THIS IS NORMAL IN THIS ADMINISTRATION,WHERE OTEH CAN BE RECALLED, MIN OF PETROLEUM SPARE........ NORMAL EVIL CONTINUE, NOTHING IS IMPOSSIBLE HERE.
ReplyDeleteWhen the President and his cohorts are head bent on protecting classified "thieves" who parade themselves as political heads and administrative juggernauts, perverting justice and standing as stumbling blocks on the path of rectitude and national sanity, then there is no escape route to doom. The country's well blessed resources and flowing abundance only rests in the hands of a few who have hijacked the wealth of a nation termed "The Giant of Africa". This is unacceptable and should be resisted from the nooks and crannies of Nigeria. Let these people be made to face the wrath of the Law. Nigeria must survive these evil men.
ReplyDeleteThis is coming from an Administration that is constantly harrasing one Pastor Bakare! Is the man of God's case not self-evident?
ReplyDeleteMr. Bakare please keep telling us more. We, Nigerians are behind you.
Can this money be vomited???
ReplyDeleteJonathan would have left PMS(Petrol) price the rate it was before Jan 1,2012 if he knew the thing will give him sleepless night like this,no wonder,God hardened his heart then.Thank God,that he didn't,the word of the saying that every disappointment is a blessing has been coming to pass now.If not subsidy saga of January,all these revelations would have been kept in a cupboard.The money Abudsalam Abubakar ate from Abacha's loots is not enough for him.This is a year of revelations!Wait!Judgment is coming very soon!
ReplyDeleteReally a year of REVELATIONS
ReplyDeleteFROM LARRY
EVERY HEAD/PRESIDENT OF DIS COUNTRY HAS A CASE TO ANSWER'. NON OF THEM BELEIVE IN NIGERIA,HENCE THET ARE HEAL BENT IN MILKING IT DRY.TO SAVE NIGERIA WE NEED A RAWLINGS! Q.E.D!
ReplyDeleteI now know the reason why they don't want people like Buhari to be the President.
ReplyDeleteNawoo high rank thieves . Enemies of progress and friends to corruption. One day they wll face the wrath of God.
ReplyDeletehnmm hnmmm kohor kohor big man cough. These House of Reps boys are seriously working by venturing to swim in troubled waters infected with sharks. Law they say, is like a cob web that catches the fly and let the giant go. if not, where are the likes of BABANGIDA, OBJ,BANKOLE, OTEH,ODILI,IGBINEDION LUCKY, etc etc that are working freely? however,this is litmus test for President Godluck Jonathan adminstration. kai there shall be sacred cows in this indictment
ReplyDeleteOur leaders are poluted with corruption. If man cannot bring them to justice, I belive God will do it one day...I said surely He will bring them to book. If Boko Haram & other militant group faced thesee poluted leaders, it would have been better rather than killing innocent poor people
ReplyDeleteThis is madness in highest order. #230billion!!! So oga to thief money? All these people shld be sentenced to death by firing squad because they hv killed a lot of people thru dis act. IBB, your own time will soon come.
ReplyDeleteNow we know the people drinking Nigeria Dry. This Stella Odua woman is Jonathan's girlfriend. she singlehandedly sponsored the neighbour to Neighbour campaign
ReplyDeleteThis is becoming interesting, the film will have up to ten parts and we are just in part three, more names are yet to be mentioned. Nonsense people
ReplyDeletena wa o,loguma says deal with all involved in bringing our nation to this state of decay
ReplyDeleteThese are just one out of many influential and presedential honorable thieves in this country.
ReplyDeleteThis government may not be able to do anything against these elites, is like biting the finger that feed you.