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MR. PRESIDENT! HOW TO SAVE OUR RIGHT AND OUR ECONOMY

November 30, 2016

It will either become an elixir of life for our economy, make President Buhari a hero or expire with his tenure come 2019. President Muhammadu Buhari, are you the one to save our rights and economy or shall we wait for another?

Hordes of calamities have befallen our country and our wreck must be salvaged while there is still time. I have therefore decided to write this open letter to Mr. President believing that he has what it takes to make a difference and make hay while the sun shines.

I am writing this Save Our Right and Save our Economy letter to you sir as the number 1 citizen who is obliged to be the most patriotic. It also comes at a time when the Nigerian economy is in distress and in need of respite.

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The government of the day and the people have often lamented the damage caused by the PDP led government in recent years, what could have been done and avoided. Today, it is more than a year since your Government began and we already have history written about your performance.

Top of the plagues table is the issue of our Economic distress. This will also top the blame table come 2019 when the APC government under your watch face the judgment of the people. Why do we have the natural and intellectual resources envied by many nations and still surfer? Mr. President, you have to heed our call and make a difference or be profiled in the chronicles of failed Presidents.

The media reported the government’s unimpressive intention and decision to fold arms and await a change of fortune when oil prices soar again while Nigerians watch in desperation and suffering. There is also talk to taxing our calls and data subscriptions which can be easily labelled as “robbing Paul to take care of Paul”. There must be a better plan and in this letter, I offer an elixir of life that can only be unlocked with a patriotic spirit, commitment and determination.

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By reason of the Patent and Designs Act, Nigeria is due for over $47 billion today. Every Nigerian, diplomat and multi-national has a duty to be patriotic as we need the $47 billion in this trying time. The first citizen of our country must lead in collection of our $47 billion royalty.

Comandclem Nigeria Limited and Patentees has a Nigerian Patent worth over $150 billion. The Anti-corrosive Special Paint was invented and patented. It is a paint invented and deployed by all Oil multinationals in Nigeria to prevent equipment corrosion especially offshore where salt waters are unforgiving. The Federal Government on the 5th of August, 1999 granted the letters patent to Comandclem Nigeria Limited.

Here is a copy of the Patent. http://comandclemonline.com/image/Comandclem-Patente-Certificate.jpg

Our difficulties started when Mobil Producing Nigeria Unlimited refused to pay up royalties accrued by the rights granted every Patentee by the Patent and Designs Act to receive royalties between $2 and $50 per article of every patented invention. In the said Invention which is a paint deployed to counter corrosion of equipment by our oil multinationals, each article is the barrel of oil. The Patentee (Inventor) requested the minimum of just $2/barrel.

The user’s refusal to pay up resulted in a legal battle where the Nigerian Inventors won all objections by Mobil Producing Nigeria unlimited from the Trial Court under Justice Adeniji to the Appeal Court and to the Supreme Court on Interlocutory between year 2000 and 2007. The case was referred back to the Trial Court for the substantive after settling all objections raised by Mobil Producing Nigeria Unlimited in favor of the Nigerian Inventor.

The case was the first of its kind which was held in the Nigerian Consul outside Nigerian soil in New York, USA. There was a Mobil company staff witness who couldn’t travel down to Nigeria for cross examination and the Court had to move to the United States of America for his cross examination.

The Judge, Justice Gladys Olotu went outside of her powers to re-litigate matters already settled by Superior Courts, refused their orders and upturned all their decisions favoring Nigeria to collect royalties worth over $47 billion. Justice Gladys Olotu was disgraced and sacked in year 2013 for doing the same Injustice in another case.

The Judge has been sacked but the evil done to Nigeria lingers with Royalties yet to be paid by our Oil Multinationals especially Mobil who were the first beneficiaries that brazenly infringed on the Patent. At the moment, there is an application before the Supreme Court of Nigeria to have the case restored while Nigerians are asking for a Presidential negotiation with the Infringers for payment of royalties especially at this time of economic distress.

I write on behalf of Comandclem Nigeria Limited and Nigerians altogether who are all stakeholders and beneficiaries of the Invention which will bring over $47 billion into our foreign reserve. We call on the Government of the day to intervene, call on our oil multinationals to in the spirit of patriotism accept offers for negotiation and pay accrued royalties of Patent RP13522 which is a better alternative to prolonged legal battles.

Since the $47 billion legacy was jeopardized by the Judiciary through Justice Gladys Olotu’s ignorance and impunity, the Judiciary also must correct their mistakes and save her name from disrepute as quickly as possible in this messianic Patent case should the Infringers reject negotiation.

Rather than fold our hands and wait till luck smiles on us, we have before us the Intellectual Property and resources in Patent RP13522 to get out of recession in less than 90 days. The Patent expires in year 2019. It will either become an elixir of life for our economy, make President Buhari a hero or expire with his tenure come 2019. President Muhammadu Buhari, are you the one to save our rights and economy or shall we wait for another?

Case History

Comandclem Vs Mobil in the Federal High Court
[http://news.comandclemonline.com/ccnl-history-comandclem-vs-mobil/]
Comandclem Vs Mobil in Appeal and Supreme Court – Interlocutory
[http://news.comandclemonline.com/comandclem-vs-mobil-court-appeal/]
Federal High Court and Appeal Court – Substantive
[http://news.comandclemonline.com/comandclem-history-high-court-appeal/]
3 Big Judicial Mistakes that Cost and Delayed Royalties
[http://news.comandclemonline.com/comandclem-3-big-judicial-mistakes/]

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Topics
Economy