Buhari's men plot capture of Nigeria's petroleum sector with controversial appointments

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President Muhammadu Buhari on September 16 forwarded two letters to the Senate President, Ahmad Lawan.

In the two letters, seen by PREMIUM TIMES, “Commission” was used in the closing prayers, whereas the PIA in sections 4 and 29 says that the upstream agency shall be known as “the commission” and the midstream and downstream agency as “the authority.”

“They perhaps knew the limitations of the president and they knew seeing ‘commission’ in the letter bearing Auwalu’s name would make him assume it was the upstream body,” one source said. Behind the shenanigans, our sources said, are connected individuals led by Sabiu ‘Tunde’ Yusuf, regarded as one of the closest aides of Mr Buhari. Another person mentioned is Abubakar Funtua, son of late Isa Funtua, a close ally of the president. They are believed to be cooperating with a senior petroleum official and a businessman.

They are said to be bent on controlling the upstream sector, which covers the management of petroleum reserves and installations, and exploration, production, and development activities within onshore, frontier, shallow and deepwater offshore acreages as well as all the licences and commercial regulations for the upstream purposes.

However, the Sabiu Yusuf-led group is said to be “uncomfortable” with Mr Auwalu, who is said to have exhibited an “unyielding” attitude in handling regulatory matters.

 

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