THISDAY

Sweet Oil Deals!

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How fuel allocation­s are diverted to EHow fuel allocation­s are diverted to Emirs’ sons, ministers’ friends and military officers’ in-laws

The anti-corruption war is overrated. Ask oil marketers. The seeds of morality and patriotic service allegedly planted by President Muhammadu Buhari wilted in that very moment he sowed them in Nigeria’s fertile mounds. Contrary to speculatio­ns that corrupt oil deals and other shady machinatio­ns will become a thing of the past under the watchful eyes of Buhari, dishonesty thrives and gallops through the Nigerian National Petroleum Corporatio­n (NNPC).

Oil marketers revealed that some senior executives of the NNPC allegedly connive with subordinat­es and prominent people in the ruling party to divert oil allocation­s to family and friends of the All Progressiv­es Congress (APC) and even allies in the major opposition party, the Peoples Democratic Party (PDP).

Findings revealed that rather than sell oil to oil marketers directly, NNPC staff divert oil allocation­s to cronies and relatives of Nigeria’s ruling class and afterwards, compel oil marketers to purchase the oil allocation­s from them at ridiculous­ly high prices, which makes it impossible for the marketers to make profit from sales. According to a major oil marketer who owns major depots and filling stations across the south-west and southsouth regions, NNPC staff give oil allocation­s to either an Emir’s son, a retired military general’s in-law or the girlfriend of a minister. Then they force oil marketers to buy the allocation­s from them claiming it is the only way they can get oil allocation­s.

Sometimes, they tell the marketers that an Emir’s wife is sick and he needs money to finance her surgery in India. Other times, they may tell oil marketers that they must buy the allocation­s from a military officer’s in-law or a minister’s girlfriend who supposedly needs the money urgently to settle some crucial bills.

The story changes on few occasions and they tell the marketers that a governor’s son is getting married and they will have to purchase oil allocation­s from the intending groom or his mother. Whatever the situation, the oil marketers are often forced to buy oil allocation­s from the middlemen who sell the allocation­s at outrageous prices. Sad!

 ??  ?? Zainab Dangote
Zainab Dangote

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