A Senior Advocate of Nigeria, Femi Falana, has claimed that former President Umaru Yar’Adua cancelled the sale of the Port Harcourt Refinery to a consortium led by business mogul, Aliko Dangote, because it didn’t follow due process. Recall that former President Olusegun Obasanjo had, in an interview on Channels Television on Wednesday, said that in 2007, an offer of $750 million was made by the consortium to manage both the Port Harcourt and Kaduna refineries but was rejected by the Nigerian National Petroleum Company. During the interview, Obasanjo disclosed that…
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How We Convinced Tinubu To Reject Yar’Adua’s Ministerial Offer – Ex-presidential Aide
Babafemi Ojudu, former Special Adviser on Political Matters to ex-President Muhammadu Buhari, has revealed how he and other allies convinced President Bola Tinubu to reject an offer to serve as Minister of Finance under the late President Umaru Yar’Adua. Ojudu disclosed this during an appearance on State Affairs, a podcast hosted by Edmund Obilo, on Monday. He noted that accepting the role would have posed significant political risks for Tinubu, who was then the leader of the Action Congress. “Tinubu called me one day and said, ‘Congratulations to me.’ I…
Read MoreCourt Orders Obasanjo, Yar’Adua, Jonathan, Buhari Govts To Account for $5bn Abacha Loot
The Federal High Court sitting in Abuja, in a landmark judgment, has ordered the disclosure of the spending details of about USD$5 billion Abacha loot by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.” The court ordered the government of President Bola Tinubu to “disclose the exact amount of money stolen by General Sani Abacha from Nigeria, and the total amount of Abacha loot recovered and all agreements signed on same by the governments of former presidents Obasanjo, Yar’Adua, Jonathan and Buhari.” The…
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