When General Sani Abacha was in power, his Petroleum Minister Dan Etete, his son Muhammed Abacha, and two other “persons” suspected to be phoney formed an oil company, Malabu Oil & Gas Limited. The Oil Prospecting Licence (OPL) 245 was granted to Malabu Oil & Gas Limited by the Abacha Administration in 1998, same year Abacha died. OPL 245 was revoked by President Olusegun Obasanjo in 2001 but re-allocated to Shell Nigeria Ultra Deep Limited (SNUD) in 2002, under a Production Sharing Contract (PSC) arrangement.
A Federal High Court in Lagos has fixed March 29 for the hearing of a litigation at the instance of a leading human rights organisation which wants the Federal Government to revoke OPL 245 involving some oil conglomerates.
In a suit marked HEDA V. AGF & 3 ORS, Suit No: FHC/L/CS/532/18, Human and Environmental Development Agenda (HEDA) raised issues of transparency and accountability in the issuance of the oil operating licence.
R.A.O Adegoke and Aishat Odekunle, representing HEDA, asked the court to grant its request to probe into processes involving the licence, which HEDA said were flawed.
Adegoke said that all parties had been served their processes of which the defendants have responded with their preliminary objections.
The plaintiff equally filed its reply to all, hence, counsel to the defendant applied for a short date for the hearing of the matter.
O. Ojo and M. Nwodo stood for the second defendant, Abiodun Rufai for the third Defendant and E. A. Ejiga (Miss) for the fourth.
The second defendant objected and rather requested a date for the hearing of the preliminary objections filed by the seconnd to fourth defendants, which challenge the jurisdiction of the court and this was seconded by the other defendants. Consequently, the court adjourned to the 29th day of March 2019 for the hearing of the preliminary objections of all the defendants, after which it will then give its ruling and decide whether there is a need to hear the plaintiff’s application or not. OPL 245 has a past filled with intrigues.
When General Sani Abacha was in power, his Petroleum Minister Dan Etete, his son Muhammed Abacha, and two other “persons” suspected to be phoney formed an oil company, Malabu Oil & Gas Limited. The Oil Prospecting Licence (OPL) 245 was granted to Malabu Oil & Gas Limited by the Abacha Administration in 1998, same year Abacha died. OPL 245 was revoked by President Olusegun Obasanjo in 2001 but re-allocated to Shell Nigeria Ultra Deep Limited (SNUD) in 2002, under a Production Sharing Contract (PSC) arrangement.