Economy & Finance, Government Policies & Politics

Exposed! Tinubu, Other “Cabals” Who Want Diezani’s Head


The Former Minister of Petroleum Resources, Diezani Alison-Madueke, at various occasions had tactically divulged chunks of valid information about the cabals behind her present travails, especially in the oil and gas sector that she once stepped on their toes in nation’s interest.

Post-Nigeria gathered that despite heightened tension and anxiety over her possible investigation, the Economic and Financial Crimes Commission, EFCC, has been unable to put up verifiable proof to justify all forms of allegations made against her.

In collaboration, President , had recently during an exclusive interview on BBC, subtly admitted that Diezani and others are innocent.


Earlier, Diezani revealed that she was betrayed by the former Central Bank Governor, Sanusi , despite throwing her weight behind him in support of his interest to contest for the president of the African Development Bank, AfDB.

Diezani who stated this in the United Kingdom, UK, said that the $20 billion missing funds which was widely orchestrated in the media, was framed up by the former apex bank boss to tarnish her hard earned reputation.

Sanusi, who is now the Emir of Kano, had a run-in with the former President, Goodluck Jonathan’s administration as head of the nation’s apex bank, one of which involved an allegation that $20 billion was not remitted into the nation’s coffers by the Nigerian National Petroleum Corporation, NNPC.

“If there is one issue I must pursue in this world, it is the biggest lie of this money. How can $20billion disappear just like that? Where did it disappear to? Is it possible that such an amount would not be traceable?

“This is more painful coming from someone (Sanusi), I considered a good friend who should appreciate the gravity of such allegation. I challenge anyone to come forward with facts showing that I stole government or public money. I have never stolen Nigeria’s money…” Diezani reacted.

Wale Tinubu

Diezani in a concluding part of her recent interview with Dele Momodu, made a shocking revelation against an oil baron, Wale Tinubu.

She tactically revealed how Tinubu came to her three times to lobby for an oil deal. “I did my job professionally without even thinking of anyone as opposition. Otherwise, we would not have approved the Oando-Conoco Phillips deal…. Tinubu came to see me three times and we approved on merit…”

She had stated that while it is true that a Minister is influential, the real power is in the NNPC, the cash cow. A Minister sits in the Ministry treating files, holding meetings at home and abroad, looking glamorous and taking all the flak, but people forget that the soul and heart of the nation is the NNPC.

Femi Otedola and other subsidy fuel fraudsters

The Oil magnate, Odetola among others, were implicated as major figures in a huge $6.8 billion fuel subsidy allegedly, leading to a clash between him and Diezani.

When an investigative house of representative committee was launched against Otedola and other marketers, it was revealed that the committee exposed fraudulent dealings of the said oil magnet.

The report confirmed public suspicion that the bloated expenditure on fuel subsidy was the latest scam in town.

It underscored how fuel marketers, a small cartel chosen by Otedola and others, were meshed in multi-billion dollar illicit and fraudulent profits.

Commenting on this, Diezani had said: “I worked hard to halt the rampant business of round-tripping. When I brought in Reginald Stanley to clean up the place, I requested for a list of the defaulters.

“There were about 92 of them and I made sure we sanctioned them.  In fact, we were able to reduce the oil subsidy by about half. No one has applauded our effort.”

Greedy Foreign oil firms

Diezani had disclosed that in a move to empower Nigerians locally, she fell out with most of the foreign oil firms who dominated the nation’s landscape.

She explained that in every government, some people must land the big jobs which every human being would love to have.

“I chose to empower mostly Nigerians and took the power away from foreigners who used to dominate the sector. That was why we pushed for the Nigerian Content Bill, which mercifully we got through.

“So you cannot expect some forces not to hate me, but I was shocked that Nigerians themselves were ready to crucify me mostly on rumours and not verifiable facts. Most leaders before me have suffered a similar fate so I take some comfort from that experience.” She stated.

20 oil Fraudsters

The EFCC, on July 26th, 2012 had docked some of the 20 suspects billed for trial over the fuel subsidy scam before Justices Habeeb Abiru and Adeniyi Onibganjo of the Lagos on the instance of the former Petroleum Minister.

The companies alleged to be involved were: Nasaman Oil Services; Eternal Oil and Gas Plc; Ontario Oil & Gas Plc; Nadabo Energy Limited; Pacific Silver Line Limited, Axenergy Limited and Fago Petroleum and Gas Limited.

Some of the individuals alleged to have been involved in the scam were: Mamman Nasir Ali; Christian Taylor; Mahmud Tukur; Ochonogor Alex; Walter Wagbatsoma; Adaoha Ugo-Ngadi; Fakuade Babafemi Ebenezer; Ezekiel Olaleye Ejidele; Abubakar Ali Peters; Jude Agube Abalaka,  Abdulahi Alao and Oluwaseun Ogunbanbo, among others.

During this time, Diezani put her feet on the ground to ensure that the alleged culprits did not escape prosecution.





Source: Post Nigeria

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