Thread by @DobuChief

TY Danjuma and his Oil Wells

Theophilus Danjuma is not a person the Biafran people will forget in a hurry. He supervised the brutal killing of General Aguiyi Ironsi, the first military head of state of Nigeria.

He was among the troops that invaded the Biafran territory during the civil war and was fabled to be heartless in the discharge of his duties towards Nigeria.
He convinced Obasanjo to become Nigeria’s head of State after the assassination of General Murtala Mohammed in 1976.

Danjuma posited that if Obasanjo fails to win the 1999 presidential election, he will run away from Nigeria. Obasanjo won the election and rewarded him with the post of Minister for Defence & charged him with dismantling the military structure capable of truncating his democracy.

The sharing of national cake of oil block to PDP party men in the most non transparent manner is one of the fallout of the Nigerian brand of dictatorial democracy. Oil blocks worth about $2billion dollars auction value could be sold to a party faithful for as low as $500million.

The facilitators share the difference between the auction value and the real value among themselves in the ratio of 50:50. Or 60:40 in favor of the awarder, the facilitator or the government middleman who could be fronting for the strongman in the state house..

Danjuma got his on a platter of gold. Abacha awarded the Oil Prospecting License 246 to SAPETRO in 1988. The block covers 2,590 square kilometers. SAPETRO partnered with Total Upstream Nigeria and Brasoil Oil Services Company Limited (Petrobas) to start prospecting on OPL246.

Akpo, a condensate field was discovered in April 2000 with drilling commencing in 2001. In 2006 Danjuma divested his investment in Akpo oil field to China National Offshore Oil Corporation (CNOOC) for $1Billion dollars .However, Danjuma still had some conscience left in him then.

He paid $500m to the Nigerian state and had about $500 million dollars remaining. He then released $100 million dollars to the Nigerian people in the form of foundation for social responsibility projects. Danjuma should do well to bring out more for the impoverished Nigerians.

This is where this former Biafran killer man towered above his fellow oil block commandeers from the 6 geopolitical zones who have oil blocks; former presidents, governors, ministers, party chieftains, friends of govt, serving & retired military officers especially service chiefs

To date there is no record of what they did with the proceeds of their oil blocks. They are building more estates, more refineries, factories etc outside the shores of Nigeria, especially Europe, America and the Middle East and recently South Africa.

The proceeds use to purchase INEC officials, impose candidates on the electorates, rig elections and throw fabulous victory dance and thanksgiving services, constant reburials of long dead ones, new wives, concubines, jets, mansions all to the mockery downtrodden Nigerians.