Business Northerners Own 83% of Nigeria's Oil Blocks

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Senator Ita Enang, Chairman of the Senate Committee on Business and Rules, on Wednesday disclosed that 83% of all oil blocks in Nigeria are owned by Northerners.

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Enang, who represents Akwa Ibom North-East (Uyo) Senatorial District,made the disclosure on the floor of the Senate during a debate on the Petroleum Industry Bill; Ynaija reports.

He said, ''There should be equity and federal character in the allocation of oil blocks in this country. Eighty-three per cent of all present oil blocks are held by northerners.”

''These need to be looked into, revoked and re-awarded. The Federal Character which is a principle applicable in every aspect of our national existence should also be brought to bear in the application of our oil blocks, marginal fields and prospecting licences.

Listing the major oil blocks he said, ''Seplat/Platform Petroleum, operators of the ASUOKPU/UMUTU marginal field has Prince Sanusi Lamido (not CBN Governor) as a major shareholder and Director. South Atlantic Petroleum Limited (SAPETRO), was established by Gen. Theophilus Yakubu Danjuma, who is also the Chairman of ENI Nigeria Limited. SAPETRO partnered with Total Upstream Nigeria Limited (TUPNI) and Brasoil Oil Services Company Nigeria Lomited to become operators of the OPL 246.

''AMNI International Petroleum and Development Company is owned by Alhaji (Colonel) Sani Bello of Kotangora, Niger State. They are operators of OML 112 and OML 117. A former Petroleum minister and former OPEC chairman, Rilwanu Lukman, another northerner, manages AMNI oil blocks and with very key interests in the NNPC/Vitol trading deal.

''Oriental Energy Resources Limited, a company owned by Alhaji Indimi, runs three oil blocks: OML 15, the Okwok field and the Ebok field. Alhaji Aminu Dantata’s Express Petroleum and Gas Limited operates OML 108. OML 113 allocated to Yinka Folawiyo Petroleum Limited is owned by Alhaji. W.I. Folawiyo.

''OPL 291 was awarded to Starcrest Energy Nigeria Limited, owned by Emeka Offor, which was sold by Starcrest to Addax Petroleum. Emeka Offor still has a stake in Addax operations in Nigeria. Mike Adenuga’s Conoil is the oldest indigenous oil exploration industry in Nigeria with six oil blocks.

''Alhaji Saleh Mohammed Gambo’s North East Petroleum Limited is the holder of the OPL 215 licence. NOREASTER Petroleum was awarded blocks OPL 276 and OPL 283 and closing thereupon a Joint Venture Agreement with Centrica Resources Nigeria Limited and CCC Oil and Gas.

''INTEL is owned by (Abubakar) Atiku, Yar’Adua and Ado Bayero and has substantial stakes in Nigeria’s oil exploration industry, both in Nigeria and Sao Tome and Principe''.
 
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