Nigeria: Reps Raise Alarm Over New Cabal In Oil & Gas Sector

Hon. Yakubu Dogara

THE House of Representatives, on Tuesday, raised alert over development of new schemes, whose sole point is to take and redirect Nigeria’s raw petroleum and melted gas to worldwide goals.

The House additionally, began the way toward revising the country’s Electoral Act such that a running mate of a gubernatorial or presidential applicant in a decision could consequently venture into his/her shoes in case of death or debilitation amid a race.

On the caution, the House in its determination, guided the Ministry of Defense to stop every single further activity on commercialisation of the Nigeria Navy by outside gatherings, drove by Shorefac Consortium Limited.

The determination was spin-off of a movement on matter of critical open significance supported by Ehiozuwa Johnson Agbonayinma, who speaks to Egor/Ikoba-Okha Federal Constituency of Edo State.

In the motion, Agbonayinma noted: “On February 21, 2017, Shorefac Consortium Limited made a proposal of a business model to the Ministry of Defence that would deliver 100 fast boats to the Nigerian Navy, together with an offer of maintenance support, all at no cost to the government.

“Shorefac Consortium, in order to recoup its investments, would become a commercial partner to the Nigerian Navy in commercializing the Maritime Services Department of the Navy which would then be expected to provide security services at a cost to International Oil Companies and other owners and operators of offshore assets.

“Shorefac Consortium Limited has strong international affiliations, therefore, engaging such a company to collaborate with a key arm of the nation’s Armed Forces will amount to commercializing its core constitutional role and cause undue exposure of the country to foreign interference.

“Funding of the Armed Forces is the priority of the Federal Government, which must shield them from all manners of commercial ventures that could put the country’s security at risk.

“Commercialization of any sector of the Armed Forces would bring about profiteering that is devoid of allegiance to national causes, and ultimately erode the core military values of order and discipline as personnel would begin to compete to be part of the lucrative commercial business.”



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