Tuesday, 22 May 2012
SHELL RULES: Wikileaks Cable Details Shell Petroleum Absolute Control Of Nigeria
Minister of Petroleum Resources, Diezani Allison-Madueke is Shell's no.1 "implant"
wikileaks
SUBJECT: (C) SHELL MD DISCUSSES THE STATUS OF THE PROPOSED PETROLEUM INDUSTRY BILL
1. Summary A representative in Africa for the Anglo-Dutch energy firm Shell mentions, in a passing reference, that the company has employees seconded to 'all the relevant' ministries of the Nigerian government. The key passage, in section 10, is highlighted in yellow.
SUMMARY
1. (C) Shell EVP for Shell Companies in Africa met with the Ambassador on October 13 to discuss the status of the proposed Petroleum Industry Bill. She said the GON wanted the National Assembly to pass the bill by November 17 and that the international oil companies would have to move quickly if the House passed the bill in the coming weeks. She said there was "total alignment" among the IOCs and with the Nigerian oil companies. She said it would be helpful if the Embassy would continue to deliver low-level messages of concern and call on the Speaker of the House to see where he stood on the bill. She expected the situation in the Niger Delta to be "quiet" until the end of the year but would get "out-of-hand" when the election cycle starts up at the end of the year. Shell's views of the PIB track closely with ExxonMobil's views as reported in reftel. END SUMMARY.
CURRENT STATUS OF THE PIB
2. (C) Shell EVP for Shell Companies in Africa Ann Pickard met with the Ambassador at the Embassy on October 13. The DCM and Economic Counselor joined the Ambassador, and XXXXXXXXXXXX accompanied Pickard. The Ambassador asked Pickard for her views about the status of the Petroleum Industry Bill (PIB). Pickard said the GON wanted the National Assembly to pass the bill by November 17 in order for the GON to be able to announce it at the upcoming CWC Gulf of Guinea Conference in London November 17-19. She said that if the House passes the PIB in the coming weeks, "we need to move quickly" to obtain any necessary changes before it becomes law. Fortunately, she added, "We are working with the House and the House appears to want to work with us." She continued that if the Senate passes the PIB, "We aren't worried." Unfortunately, she explained, "We think the Senate will pass a bad bill" but it won't really matter. She added that she would be at the Nigerian House and Senate later that day and would let the Embassy know if there were any unexpected developments.
3. (C) The Ambassador asked if Shell had had engagements with the GON outside the National Assembly, such as with the Ministry of Finance and the Central Bank of Nigeria. Pickard said, "We are meeting with them at all levels." She noted that an IMF team headed by Charles McPherson was in Abuja to look at the PIB and that Shell would be meeting with them as well. In contrast, she said, "We are worried about the World Bank's political agenda and it is not clear what their agenda is." She said the World Bank was working on how to make the IJVs "bankable" so that they would be able to go to international and domestic banks for financing.
GAS FLARING AND CLIMATE CHANGE
4. (C) Pickard said the PIB requires an end to gas flaring by 2010. She said the industry won't be able to do that due to the lack of QShe said the industry won't be able to do that due to the lack of investment and security. Shell is ahead of the other IOCs and could be ready by 2011. Shell would have to spend $4 billion to do this, but the GON would also have to fund its part and that is a risk. Shell would shut in oil production in fields where it is uneconomic to end gas flaring, and it would let others have the gas for free where it is economic to do so.
5. (C) Pickard continued that NNPC General Managing Director Dr. Mohammed Barkindo was interested in doing something on climate change in preparation for the climate change summit in Copenhagen December 6-18. Barkindo was spread pretty thin so Shell will ask him how they can help him prepare for the summit. She added that Shell had recently told the oil producing countries that coal will squeeze out oil as a result of the CO2 footprint issue if the oil producing countries and IOCs do not do more to address the issue.
POTENTIAL BENEFITS
6. (C) Pickard summarized the PIB's potential benefits. The creation of fully integrated and independently functioning international joint ventures (IJVs) would solve the oil and gas industry's longstanding funding problems if the proposed IJVs are done right. The Nigerian National Petroleum Company (NNPC) was previously forced to reduce its ownership of some existing joint ventures to 49 percent to make them profitable enough to obtain financing. The proposed division of responsibilities between the NNPC and the Directorate of Petroleum Resources also would be good. The IOCs currently do not know if the NNPC is their partner or regulator.
COHESION WITHIN THE INDUSTRY
7. (C) The Ambassador asked if the industry was united in its approach to the PIB. Pickard replied that there was "total alignment with the international oil companies at every level." She acknowledged that Shell had more exposure to the loss of acreage than any other company. "We could lose 80 percent of our acreage," she said. The problem comes from the fact that the PIB will redefine how a company can hold on to its exploration and production blocks, limiting what can be kept to two kilometers around each well. "Everyone offshore loses a lot," she continued. "We will have to bring satellites on fast or we will lose the blocks." However, the problem with that is that the companies have to be able to pass things through to the blocks quickly and it takes years to get a rig in due to delays in the Nigerian approval process. (NOTE: Pickard told Econoff in Lagos that Shell "sent away" three platforms in late September. END NOTE.)
ALIGNMENT WITH NIGERIAN OIL COMPANIES
8. (C) The Ambassador asked about the IOCs' alignment with the Nigerian oil companies. Pickard replied that "the Nigerian companies are with us" because they will be taxed at the same rate in the current version of the PIB. The IOCs are starting to see what the Nigerian companies want to do.
THE USG'S ROLE
9. (C) The Ambassador asked what the Embassy could do to help with the Joint House Committee on Petroleum Upstream and Downstream and Justice that is working on the PIB. Pickard said she hoped the current level of dialogue between the GON and the IOCs continues. Unfortunately, "We have not been able to meet with President Yar'Adua for nine months," she said. "They have him protected." She said it would be helpful if the Embassy would continue to deliver low-level messages of concern. In particular, she thought it would be helpful for the Embassy to call on Speaker of the House Dimeji Bankoke to see where he stood on the bill. Beyond that, she would like to keep the Embassy in reserve and use it as a "silver bullet" if the PIB passes the House. The Ambassador noted that the U.S., U.K., Dutch and Qthe House. The Ambassador noted that the U.S., U.K., Dutch and French Embassies had already made a joint call on NNPC General Managing Director Dr. Mohammed Barkindo.
CHINA'S INTEREST IN NIGERIA'S OIL BLOCKS
10. (C) Pickard mentioned China's recently reported interest in Nigeria's oil blocks. She said Shell had received a copy of the letter that Special Advisor to the President on Petroleum Matters Dr. Emmanuel Egbogah had sent to the Chinese which said that their offer for oil exploration blocks was not good enough. Minister of State for Petroleum Resources Odein Ajumogobia had denied that the letter had been sent, but later conceded that the GON was only "benchmarking" to see what the IOCs should pay for shallow-water licenses. Pickard said Shell had good sources to show that their data had been sent to both China and Russia. She said the GON had forgotten that Shell had seconded people to all the relevant ministries and that Shell consequently had access to everything that was being done in those ministries.
CHANGING RESPONSIBILITIES WITHIN THE GON'S TEAM
11. (C) Pickard observed that there might be changes with how the GON management of the petroleum sector is organized. Minister of Petroleum Resources Rilwanu Lukman may be given the responsibility for implementing the PIB, while Minister of State for Petroleum Resources Ajumogobia may get the Directorate of Petroleum Resources and ongoing business. The problem with these changes is that the GON could still get "unempowered people" who are not able to address the issues. The question is whether Ajumogobia would be able to step up. (NOTE: Press reports on October 17 reported that Lukman will be given overall responsibility for the formulation of policy, and oversee the implementation of the PIB, the Integrated Joint Venture negotiation and rollout, the fiscal terms transition and implementation, the new organization implementation, and stakeholder management. We will also supervise the NNPC and its subsidiaries, the Organization of Petroleum Exporting Countries, the African Petroleum Producers Association, and the University of Petroleum. Ajumogobia will be in charge of the Gas Master Plan Transition Implementation, the Gas Exporting Countries Forum, the Nigerian Liquefied Natural Gas, the alternative fuels, and the Petroleum Equalization Fund. He will also oversee the Directorate of Petroleum Resources, the Petroleum Training Institute and the Pricing Regulatory Agency. END NOTE.)
SHELL'S CURRENT PRODUCTION
12. (C) The Ambassador asked about the level of Shell's current operations. Pickard said Shell was producing 663,000 barrels per day as of October 13, including the Bonga field. Approximately 80,000 barrels per day had been brought back from the Forcados field on the previous day. Some 900,000 barrels per day of capacity was still shut in. Of that, Shell could bring back 600,000 barrels per day, while the remaining 300,000 barrels per day is "too unreachable."
AMNESTY IN THE NIGER DELTA
13. (C) The Ambassador asked Pickard what she thought about the future of the GON's amnesty offer to militants in the Niger Delta. She responded that Shell expected the situation in the Niger Delta to be "quiet" until the end of the year. It will then get "out-of-hand" when the election cycle starts up in December, January and February. She expressed particular concern about Bayelsa State, home to Shell's 500,000 barrel-per-day capacity Bonny field. Pickard also noted that Q500,000 barrel-per-day capacity Bonny field. Pickard also noted that Shell saw Israeli security experts in Bayelsa, but not in the Delta, and that there had been "a big drop in kidnapping" as a result.
Looking Ahead
14. (C) XXXXXXXXXXXX
COMMENT
15. (C) Shell's views of the PIB and the alignment among the IOCs and with the Nigerian oil companies track closely with the views of ExxonMobil, as reported in reftel. The main difference is that Shell tends to minimize the different tax concerns and financial vulnerabilities of the individual IOCs. Shell is much more vulnerable than the other IOCs because its operations are concentrated in less favorable JV concessions that are located in the violence-prone Niger Delta. ExxonMobil and Chevron's operations are concentrated in more favorable production sharing contracts (PSC) in the relatively violence-free offshore areas. In the event that the PIB retains negative terms or violence returns to the Delta, Shell can be expected to hurt the most and cry the loudest.
16. (U) Embassy Abuja coordinated this telegram with ConGen Lagos.
SANDERS
Comments
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Submitted by Winters19Joanne (not verified) on March 27, 2012 - 21:01.
If you're in uncomfortable position and have got no cash to go out from that point, you would require to receive the credit loans. Just because it will aid you definitely. I take collateral loan every year and feel myself great because of it.
Power is Power Not Mouth
Submitted by StillMe (not verified) on March 17, 2011 - 10:31.
Who does not know that Shell is colonialism extended in Africa? Who does not know that at the slave era, blacks were recruited to fetch black slaves in exchange for money?
If any body is in doubt why Oyibo man rates lowly, black man's intelligence try stopping Shell from underhand deals in Nigeria. Of course they are not bothered about our noise. They know that's where our power stops. Shell is armed to the teeth.
Many Nigerians will keep singing like canary about corruption till their time on earth expire. Oyibo man knows his interest is served by weak Northern politician, and will never stop imposing such politicians on Nigeria.
Do away with this contraption. That's the only solution.
PIB
Submitted by AWO (not verified) on December 18, 2010 - 11:18.
IN MY OPINION I THINK ITS A SHAME THAT NIGERIANS WOULD VOLUNTEER TO WORK FOR FOREIGN NATIONALS TO UNDO THEIR COUNTRY. THERE WILL BE NO NEED TO PASS THE PIB ANY MORE. SHAME ON ALL OF US. SHAME ON THE LEADERS OF THIS NATION. I WONDER WHAT KIND OF IMAGE IS FORMED BEHIND THE RETINAS OF THE IOCs EACH TIME THEY LOOK AT US. ALL WE NEED NOW IS THE PASSAGE OF THE ORIGINAL VERSION OF THE PIB NOT WITHSTANDING WHOSE OX WOULD BE GORED. REMEMBER, WE WILL NEED TO PROVE TO THESE IOCs THAT WE ARE NOT FOOLS AFTER ALL. THE MINISTER OF PETROLEUM NEEDS TO BE CLOSELY WATCHED.
CHECK THIS OUT...THE PLOT THICKENS
Submitted by Mrs. O (not verified) on December 15, 2010 - 14:16.
Shell
Submitted by Mrs. O (not verified) on December 15, 2010 - 14:15.
http://www.wazobiareport.com/default.aspx/Shell-Spy-in-the-Ministry-of-P...!
Check out this story.
oh boi,i tot so too she's
Submitted by Darktwistedfantasy (not verified) on December 15, 2010 - 14:07.
oh boi,i tot so too she's gonna make me shout yaaahoooo!!u r so sweet.i guess she already gave som big boys along the way and can give the sweet pot out if one asks
It is better and wiser to
Submitted by Blessed AOC Nwakpuda Topeka Kansas USA (not verified) on December 15, 2010 - 06:38.
It is better and wiser to have allowed the likes ofthe late General Abacha to remain in power than to allow these idiotic collaborators to join hands with these dubious Anglo-Dutch company holding Nigerians....sorry West Africans to ransom and perpetually conscript our elected officials to paupers who eat from the crumbs that falls from their master,s tables. The next show down is going to be between these "economic sell outs" who had sold their consciences to the Devil and we the silent majority.A time will come when "We the people" will haunt them down and use some very good "Islamic Laws" as well as "native laws" and hammer these shameless men and women who had mortgaged our national interest to the generation and beneficiaries of the "European Slave merchants" in the 21st century.Planting moles in various ministries is not going to stop the silent majority of angry good Nigerians to abandon this good country to "die-hard economic rummagers.Nigerian,you are beautiful people stand up for your right and speak up don,t allow anyone to intimidate you.This is the only space/place we can truly call our country,let us salvage it together.
DEZIANI IS HOT!!!
Submitted by Ezenwa (not verified) on December 15, 2010 - 01:51.
Personally, I don't give a damn about this woman's misdeeds. The only important questions are
No.1 - Does she look as find from the back!
No.2 - Can a nigga hit that from the back!
Lets tone down a bit,before turn to unpaid comedian to policians
Submitted by Ahmed Dikko (not verified) on December 12, 2010 - 11:21.
Ladies and gentle men its high time we tnned down our conversation. there is no doubt that Sahara is enjoying it all but then we must realize that this forum is open to the entire world. Let us inject some decorum and sanity, so that we can be seen to be better than the politicians we are criticising. We all have sympathies for one politician or the other but then lets criticise sensibly and constructively. Let me also remind you that these politicians still chat and dine with one another hile laughing at the follies of their attack dogs in the internet who they recruited for peanuts. I saw IBB and OBJ holding hands in Oyinlola's thanksgiving, remember Atiku once visted Obasnjo, and then Obj was feeding Buhari cake some where in Abuja, some time ago . What do you make of all these. Let us also use this forum to pass information that concern us all. For instance, recently i visited that much talked about blog http://theafricanmafia-globalmessageonfraud.blogspot.com/ The revelations were absolutely mind boggling and would benefit you guys in diaspora, i also happen to pick that book and can not drop it for more than a few seconds. Just think it might interest you guys.
No unity
Submitted by ONE NIGERIA (not verified) on December 12, 2010 - 05:19.
Going through all those comments, i"m very weak and surprised due to the way some of our people think,mostly some of us who lives in the west, and knew how con those people are,they always take your weak side for a ride. America and brit are the two countries responsible for the retrogressive of our dear nation and the way to claim it or her back is by standing up with one voice.
UK govt site next on WikiLeaks radar.
Submitted by Elmango Meat (not verified) on December 11, 2010 - 06:55.
UK govt site next on WikiLeaks radar.
The probable attacks have been named 'Operation Payback' and is heralded by close to 2000 dedicated hackers. This is soon after they sabotaged the websites of MasterCard, Visa and PayPal.
http://news.oneindia.in/2010/12/11/wikileaks-supporters-plan-to-hack-uk-...
SHELL: THE FEDERAL GOVERNMENT OF NIGERIA
Submitted by frken evurulobi on December 10, 2010 - 16:16.
In the series of meetings with the U.S. ambassador to Nigeria, Mr Goodluck Ebele Jonathan did actually prove that he is a man of proven integrity and great humility, and that he is not one of those beasts, deadly cobras, dangerous pythons, devouring lions, sharks, vultures, under-dogs, etc who walk the corridors of power in Nigeria. Non-diplomats would take this to mean an admission of administrative inexperience in the real sense of it by this humble and unassuming Zoology lecturer. This is not the case.
The real face and mission of the U.S. ambassador to Nigeria Robin Sanders is Ann Pickard, top executive of the Anglo- Saxon oil giant, SHELL. Total deception, subversion and equivocation have been the real trademarks of U.S. foreign policy in the continent especially in Nigeria. This has given rise to complex political, economic, social, religious, ethnic and administrative problems in the Nigerian State that have defied and continue to defy every conceivable solution. The pitiable situation of the Nigerian National Petroleum Cooperation (NNPC) compared to the well organized multinational SHELL says it all. As determined as Chief Olusegun Obasanjo was, he, together with others before him, ended up a big failure.
In such meetings , Mr Goodluck Jonathan proved himself a wise man and a n experienced diplomat by telling the ambassador that the survival, unity, progress and continued existence of Nigeria is in the hands of the U.S. The U.S. is the oppressive, criminal and the colonial Federal Government of Nigeria.The Federal Ministries, the NASS, the Governors, the traditional rulers are their faithful and ever dedicated civil servants while the terrorists are their attack dogs. The Niger Delta youths, MASSOB, human right activists, etc, have discovered that, even before the CHEVRON top executive admitted it, that the Nigerian oil is drying up. And this has a very tragic consequence for their future. Today, they have decided to take their destiny into their hands but again they have been labeled terrorists and handed over to the Army.
On behalf of the teeming sincere fans of Mr Goodluck Ebele Jonathan who are committed to authenticity and not to sycophancy, I plead with our dear friend and role model in humility and integrity to “listen to the U.S.” and continue to be his own man by keeping Chief Olusegun Obasanjo at arms length, by shelving his presidential ambition ( which is another form of, this time around, “second tenure”) and go ahead to convoke a Sovereign National Conference under a pseudo-name (e.g. National Elders’ Forum). And again evolve a transparent electoral process that will have the power to bring an efficient administrator to Aso Rock in 2011. In a recent interview with THIS DAY Newspaper published last Sunday, Dec., 5, 2010, former Vice President Atiku Abubakar , like he did for Chief Obasanjo, generously identified one of these men of proven integrity like Jonathan himself but one who is gifted with an extra-ordinary administrative acumen in the person of Major General Muhammed Buhari (rtd). Former Vice President Atiku Abubakar is actually a generous man but surely, in these perilous times of “administrative ineptitude” in Nigeria , he has no role to play. People like Buhari present a more forceful appeal. Atiku publicly admitted that, even as a soldier, Buhari has never been a dictator but a true democrat and a leader who has never ceased to take responsibility for his actions when he was in office. As a civilian, and with a TEAM comprising of dedicated and uncompromising public servants in the likes of Mallam Nuhu Ribadu, Mallam Nasir El-Rufai, Prof. Dora Akunyili, Lamido Sanusi, Ngozi Okonjo – Iweala, etc Major General Mohammed Buhari will succeed where Chief Mathew Olusegun Obasanjo failed.
The reality
Submitted by Ayodeji Anonymous (not verified) on December 10, 2010 - 14:35.
Why is this news? I’ve been saying this since I learnt how to count to ten. It is a no-brainer. Shell is the single most important Stakeholder in the Nigerian enterprise, followed by the Nigerian Army. Nigerian economy is atypical of the standard progressive economies of the world which are all run on tax revenues. Nigeria’s economy is run, not on taxes, but on oil receipts. And Shell controls 66% of Nigeria’s oil and the federal government with it. It is simple really; you cannot expect a government not run on taxes to be respectful of the citizens. Ours is not an economy in the strict definition of the term. The truth is, if all 140 million Nigerians drop dead in a single day, the entity called Nigeria will still function, as long as Shell and the ruling elite are alive…
i'm afraid you are wrong.
Submitted by James Ola (not verified) on December 10, 2010 - 12:59.
i'm afraid you are wrong. shell, cheveron etc do have access to power in western countries, that is true. what they do with those access is to enrich their stakeholders, which are the citizens of the countries they are registered in ie USA, UK and so on. that is different from the kind of corruption in nigeria where these pitiful bastards hand over the resources of their people and hand it over to western corporations. wake up my friend.
next steps....
Submitted by Edmund (not verified) on December 10, 2010 - 07:58.
With all these revelations, my concern is on the several moles within the GON and the risk that they may have skewed decisions in favour of their allies.
I am also certain that other areas in our polity have equally been infiltrated. Our leaders need to quickly take a pragmatic/patrotic review of issues bothering on our national security asap in view of the forthcoming election!
dont be a moron, if its all
Submitted by 9ja2death (not verified) on December 10, 2010 - 00:17.
dont be a moron, if its all common knowledge did you eva in ua life time have this dept of details to share with any Nigerian. lets use this information to turn things around in our country instead of wavin it off as common knowledge. u forget that ua children's children are coming behind you. every time they fight over a bill in d U.S its the effect on unborn generations they tie it to. wen will this mental slavery end. common knowledge from long time ago indeed.
we need leaks on corruption not people doing their legitimate bz
Submitted by okpi (not verified) on December 9, 2010 - 23:45.
exxonmobil, Total, Shell are run for profit and our model of running these companies is production sharing agreements and NNPC is a partner that means they should know what the other partner is doing, this is common sence, this is needed to form strategy of making more profit, this happens everywhere, and infact they dont make profit in Nigeria compared to other countries of the world including the US and UK, why are we not talking other local companies producing oil but not declaring the exact production status, i think our idea of exploitation is skewd here and i beg to explain that nothing here is new, except that we are so dependent in oil that even people doing their legitimate business in oil production are reffered to as criminals, i think our problem lies with our idea-virus ridden politicians that dont know what to do other than oil and gas, let us also brainstorm on diversifying our economy and feed the hungry, wikileak should leak out something about curruption in high office and not discussions of private entity strategising to make profit from our PIB period!!!
we need leaks on corruption not people doing their legitimate bz
Submitted by okpi (not verified) on December 9, 2010 - 23:44.
exxonmobil, Total, Shell are run for profit and our model of running these companies is production sharing agreements and NNPC is a partner that means they should know what the other partner is doing, this is common sence, this is needed to form strategy of making more profit, this happens everywhere, and infact they dont make profit in Nigeria compared to other countries of the world including the US and UK, why are we not talking other local companies producing oil but not declaring the exact production status, i think our idea of exploitation is skewd here and i beg to explain that nothing here is new, except that we are so dependent in oil that even people doing their legitimate business in oil production are reffered to as criminals, i think our problem lies with our idea-virus ridden politicians that dont know what to do other than oil and gas, let us also brainstorm on diversifying our economy and feed the hungry, wikileak should leak out something about curruption in high office and not discussions of private entity strategising to make profit from our PIB period!!!
FOOLISH LEADERS
Submitted by victorv12 on December 9, 2010 - 22:37.
Our leaders are sellout! If they are not British dogs they will be a dog to a country in Europe or the western world,including Asia and Middle east.It's a shame!
They are the reason why people from the western world belives we are not exposed,not knowing we have a lot of bastards in our mist that are selling out our nation.The Dutch she's trying to fight for a bill for,can they fight a bill for a black man from Africa or Nigeria?
After selling out her motherland where is she going to reside, Europe?!And start spending our money lavishly!She's a fool!
Nigeria should realize the clibre of people that will be representing us outside our beloved state.
SHELL,JULIUS BERGER AND CO,LEAVE NIGERIA ALONE!GO BACK TO YOUR COUNTRY AND STOP THIS MORDEN DAY SLAVERY YOU ARE DOING IN OUR COUNTRY!WE ARE NOT CORRUPT IN AFRICA!STOP TEACHING OUR BLACK BROTHERS TRICKS TO EXPLIOT THERE MOTHERLAND!
BASTARD BITCH!
I hope Presidents advisers
Submitted by LISTEN TO ME (not verified) on December 9, 2010 - 22:11.
I hope Presidents advisers are reading all this leaks.What have they learnt??What is the way forward.
This oil companies are reaping out blind.
What do you want to do???president Johnathan
Shell
Submitted by henryik2009 on December 9, 2010 - 21:17.
Shell has done no wrong here.It is simply trying to give itself an advantage.You have to remember how quickly policy can change in this country.Every new regime is attended by personnel and policy change.It is the duty of the government to protect itself from unwanted scrutiny.
*Please check out my blog:http://henryik2009.wordpress.com.
Please leave a comment.
ALISON MADUEKE IS A SHELL
Submitted by JIMMY IWEALA (not verified) on December 9, 2010 - 20:50.
ALISON MADUEKE IS A SHELL BREED AND WOULD ALWAYS WORK FOR THEM.
BUT LET IT BE KNOWN THAT THE ULTIMATE GOAL IS TO MAKE AFRICA PERPETUALLY UNGOVERNABLE AND WRETCHED.
FROM NIGERIA TO EGYPT, LIBYA, IVORY COAST, HAITI, CUBA ETC THE STORY IS THE SAME - WICKEDNESS ORCHESTREATED BY THE WEST.
IMAGINE THEY PLANTING PEOPLE IN EVERY MINISTRY. DO YOU IMAGINE THAT EACH TIME I NEED ACCESS DOCUMENTS FROM CBN, MINISTRY OF FINANCE OR ANY REGULATORY AUTHORITY, I GO TO THE INDIANS.
FOR THE OIL INDUSTRY, I GO TO THOSE IN SHELL AND MOBIL. THE NIGERIANS MAY EITHER NOT HAVE ACCESS OR DELIBRATELY HORDE SUCH.
ONE DAY, ONE DAY WE GO GET LEADER WHO IGNORES THE WICKED OVERTURES FROM THE WEST. LET THEM VISIT VENEZUELAN PRESIDENT FOR TUTORIALS AND AFRICAN DEVELOPMENT WOULD COMMENCE. AMERICA AND UK ARE EVIL!
your explanation about the
Submitted by James Ola (not verified) on December 9, 2010 - 19:10.
your explanation about the relationship between nnpc and foreign oil companies and how the profit is shared is wrong and you probably need to know your facts before spewing inaccurate informations on a public forum. the fact is that shell along with other oil companies are raping nigeria. there is no country in the west or even the middle income countries who will allow any oil firm to decimate wild life, enviroment and the way of life of its people the way shell and co has done in nigeria. you only need to look at incidents of malpractice or negligence by oil firms in the west and how it was dealt with by their govts. the truth is nigeria is a not really a nation but a collection of a group of people who are feckless and have no control over their destiny. that is why anybody who is light skinned or a corporation can pay pittance to an individual to sell millions of his compatriots and he will gladly oblige. nigerians must wake up and take back their country because shell will certainly not give it back to them. even after this revelation.
If you are shocked by this
Submitted by Biafra Will Rise Again (not verified) on December 9, 2010 - 18:51.
If you are shocked by this you've been in a coma all your life!
@ BC and Peter Ade
Submitted by petin sapp (not verified) on December 9, 2010 - 17:53.
*** With due respect to you all, gentlemen!
One of the greatest mistake the leader of a third-world country could make is trusting these corporaZions too much. Nigeria has been a very weak nation, historically, and otherwise. If Shell, Mobil, etc do their thieving in other countries like the USA, Uk, etc, no problem! Just wait till they are caught up, and the laws would trash them real hard. They know this! But in third-world nations like Naija, they can play their games any way they want....just blink your eyes, and your devastations just begin. CorporaZions are only in business for profit. Relate Firestone CorporaZion in Liberia, see what they have done to the small nation and its honest hard-working people?
You all should know by now!!
Submitted by N Coker (not verified) on December 9, 2010 - 17:36.
You all should know by know that oil and politics are incendiary mix, you cannot separate the two. It's impossibleeeeeeeeeeee!!!
Let us have a balanced story
Submitted by Pete Ade (not verified) on December 9, 2010 - 17:31.
I like these postings, but seem to be one-sided. Shell to me is a company with high integrity and I am finding it very difficult to believe some of the articles. I need the folks in Shell to please clarify some of the issues raised. Was Wikileaks at the meeting with the high commissioner? Must we allow ourselves to be used always? These multinational companies are working in other companies and have no problem working in those regions, why Nigeria?
I think there are more things to what we are reading here.
Pete.
Nigeria is no Worse than the USA and other Countries
Submitted by BC (not verified) on December 9, 2010 - 17:28.
Before you think Nigeria is rotten, shell and the oil companies also run the rest of the world. They have contacts and people who do their biddings in every government and corridor of power, except they use lobbyst and retired politicians who still have access to accomplish the task.
Diezaine, a True Mafia lady!!
Submitted by Richard (not verified) on December 9, 2010 - 16:53.
I have long said Diezaine is of questionable character. I said she needs to explain, why a second NNPC account was openned abroad. Who instructed her and where does it feature in Nigerias budget sheet. The respect I had for this woman went through the window, when I saw how she fought for her post, as a do or die position. EFCC, if you have credibility left, arrest this woman hence with. We need to send a message out there.
We have accommodated Shell and the foreign oil companies for too long, whilst I am not an advocate for expelling foreign corporations. I think with Shell’s assertion, and then it will be right to expel them under the laws of International Espionage. The wikileak report is not conjectures, nor is it a frivolous accusation. My gush of fury and vitriol, is based on the fact that for many years we have welcomed this company with open hands. My mother, God bless her soul, always said beware of people that come bearing gift. I never trusted this company, in fact they reinforced Malcom X’s statement “ The white man was created a devil, to bring chaos upon this earth” I am not advocating of expelling all white men, like Idiamin, however, for those seeking to remind us of the fears of Malcom X in 1953, I say begun from our midst without delay. Nigeria is a Sovereign, and any act, person, corporation or union that seeks to procure or illicitly advance information of National security/interest, for foreign advantage is indeed guilty of the Offence of International Espionage. This is a serious matter for the EFCC, if investigation is not commenced immediately by them, then it will amount to an abdication of their constitutional responsibility, which will beg the question is they themselves are amongst the planted mole by Shell.
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Submitted by Imiete on December 9, 2010 - 16:47.
NNPC, Shell, Chevron and Agip JV.
NNPC = 55%
Shell = 30%
Chevron = 10%
Agip = 5%
Assuming Nigeria Export 1,000,000barrels /day @ $80 = $80,000,000.00/day. 55% of which goes to then GON.
Out of Shell's 30%, royalties & Taxes are been paid to the GON, they take care of all operating cost as the operators of the JV.
At the end of the day there actual take home is about 13% of the whole profit.
We should be taking our anger out on the GON not Shell at all!
that will be all for now.
