FOLORUNSO ALAKIJA’S OIL BLOCK: A MODEL OF NIGERIAN ELITE RACKETEERING? BY ODION OMONFOMAN

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This should be Mr. Ogundamisi’s concern – how to get the Nigerian owners to develop these blocks/fields or relinquish themback to government or other indigenous parties capable of exploring, developing and monetising the hydrocarbon resources for the benefit of Nigeria and Nigerians.


This article is in response to the twitter posts by celebrated Nigerian journalist, Oluwakayode Olumide Ogundamisi on the above subject.


In summary, Mr. Ogundamisi accuses Mrs. Folorunso Alakija, reported as Africa’s richest woman, of deceit in terms of her story on how she came about her oil block, in which the famous Agbami field is located. He accuses Mrs. Alakija of acting as a front to former Nigerian military ruler, General Ibrahim Babangida, and in the process, being fraudulently “gifted” with her oil block (OPL 216) by the then military ruler.


According to Mr. Ogundamisi in one of his tweets, “@alakijaofficial story about being allocated a “useless oil block” is a con story perpetuated over the years unchallenged. @alakijaofficial and those she was fronting for in @AsoRock knew they had a juicy oil block, they shortchanged Nigerians and as usual & continue to mock us”.


Not done, he further tweets “What the @alakijaofficial’s of Nigeria won’t tell young Nigerians is that a wing of the ruling elite appropriate resources belonging to all to a wing of the elite in the business community in what is a brutal version of capitalism, keeping the poor, poorer, hungry and dejected”.


Mr. Ogundamisi alleges that General Babangida and the late Rilwanu Lukman were her alleged backers whom she fronted for.


It is important to state upfront that I don’t know much about Mrs. Alakija and have never met her in person. But I am familiar with her story, how she came about OPL 216, as well as the actual status of OPL 216 at the time of award. There are as much of verifiable facts, as there are myths surrounding how she came about being awarded the very prolific oil block.

Thought: It's soo funny how she is been scrutinised now after all her accomplishments.


Source: Premiumtimesng

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