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Greenville LNG, top gas company notorious for breaching contracts, risks another multi-million dollar lawsuit(Docs)

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Greenville LNG, top gas company notorious for breaching contracts, risks another multi-million dollar lawsuit

*Greenville LNG, top gas company notorious for breaching contracts, risks another multi-million dollar lawsuit*

Two years after it was slammed with a $9m claim for breaching contract by a US Court, Greenville LNG company is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group.
Greenville LNG, top gas company notorious for breaching contracts, risks another multi-million dollar lawsuit
Owned by Eddy Van Den Broeke, a Belgian cement magnate, Greenville is the pioneer Liquefied Natural Gas (LNG) production and distribution company in Nigeria with three liquefaction trains and a total capacity to produce 2250 MT of LNG per day.
The company, which was incorporated in 2013, prides itself for producing and marketing Liquefied Natural Gas to customers across Nigeria since April 2019.
It should be noted that the company is a Nigerian subsidiary of the International Engineering & Construction (IEC), a Luxembourg-based construction company.
However, in 2018, there are reports of how Broeke was struggling to get his LNG project off the ground in Nigeria and also facing a $9m claim from his subcontractor Baker Hughes.
*How it started*
In 2014, IEC through Greenville LNG entered into an agreement with Baker Hughes Energy Services LLC, formerly known as GE Oil & Gas (GEOG), for the purchase and installation of two small-scale liquified natural gas plants in Rumuji, Rivers State, Nigeria.
According to the documents obtained by POLITICS NIGERIA, GEOG agreed to supply IEC with two small-scale liquified natural gas production plants — the first by June 24, 2015, and the second by September 24, 2015— for use at the Rumuji Site.
In exchange, IEC agreed to pay GEOG $95 million. Both parties also agreed on a payment schedule, which would require IEC to pay various percentages of the $95 million at specific milestones.
It was stated that the agreement would be governed by and construed in accordance with the laws of the state of New York.
Unfortunately, GEOG failed to deliver the gas plants by their contractual delivery deadlines and this stalled installation, commissioning, and start-up of the Plants.
*Arbitration*
On July 31, 2018, IEC filed a Notice of Demand for and Commencement of Arbitration under the Contracts on behalf of itself and Greenville.
IEC initially sought approximately $75 million in damages but its demand increased to $700 million by the end of the arbitration.
The $700m claims included the liquidated damages for delayed delivery and damages associated with the delayed entry into operation of the gas plants.
But GEOG also filed counterclaims against IEC for breach of the contracts, asking for damages up to $40.1 million.
In 2020, the American Tribunal gave its verdict, ordering IEC and Greenville to pay GEOG over $9.5m for breaching contracts.
The Tribunal held that IEC had breached the Equipment Contract by failing to make two Milestone payments.
Dissatisfied with the judgement, On January 27, 2021, IEC filed a petition to vacate the Award in New York state court but the court rejected IEC’s arguments.
“In short, due to the strong deference owed to the decisions of arbitrators, the Court is compelled to reject IEC’s arguments and confirm the Award,” the court ruled.
*Poor Ethics/Underhand Business Practices*
It is believed that the posture of the company and record of breaching contract is owing to its owner’s secretive and shady business activities. Prior to setting up Greenville, Eddy Van Den Broeke ran ASCA bitumen from 1996 and grew the company into becoming a giant monopoly with over 90% of the Nigerian market by 2015.
Through this position, he was famed to hold everyone to ransom through alleged arbitrary price increases, artificial scarcity, amongst others. Eddy Broeke’s families were one of six of Belgium’s wealthiest families that featured on the Panama Papers, a cross-border investigation that revealed a list of thousands of people who channelled funds to tax havens.
“The family of Eddy Van Den Broeke, who turned the Eres company into an international player, is also mentioned. Eddy Van Den Broeke is identified as the sole beneficiary of at least five offshore companies in the BVI,” the ICIJ report read.
Eddy was named in the Panama Papers having had an extensive network of shell companies to hide his funds and avoid government oversight.
*Another multi-million dollar breach of contract suit looming*
Our investigations also revealed that recently, BUA, which is one of Greenville’s largest clients, is set to allegedly sue Greenville for 50 billion Naira for a possible breach in contract and reneging on its obligation to supply gas to its businesses in the far north.
According to sources, this dispute is as a result of Greenville LNG reneging on their contract with BUA to supply gas and also increasing prices arbitrarily despite the contractually agreed oil-indexed pricing for any changes in price.
Industry watchers have claimed that Greenville is trying to take advantage of its near monopoly in the domestic trucked LNG market hence their habit of entering into contracts and reneging on it after starting.
With Eddy and his companies’ history of reneging on contracts entered into with the Federal Government, partners, suppliers, communities and clients, it is unlikely that Greenville LNG or its billionaire owner Eddy and Managing Director Ritu Sahajwalla would stop such behaviour anytime soon.
Experts familiar with BUA’s history of ensuring its rights are enforced, believe BUA will pursue this issue to a logical conclusion at the courts and till their rights are enforced.

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From Friendship to Tragedy: IBB Recounts Executing Childhood Friend Mamman Vatsa

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From Friendship to Tragedy: IBB Recounts Executing Childhood Friend Mamman Vatsa

By George Omagbemi Sylvester

 

“When Loyalty Clashes with Duty; IBB Reflects on Betrayal, Heartbreak and the Heavy Burden of Leadership”

 

In his recently published autobiography, A Journey of Service, former Nigerian military ruler Ibrahim Badamosi Babangida has opened up about the heart-wrenching decision to execute his childhood friend, General Mamman Vatsa, following a failed coup plot in 1986.

 

Released on February 20, 2025, Babangida’s memoir provides an unprecedented glimpse into the emotional struggle of balancing personal loyalty with national security. He recalls first hearing rumors of a coup allegedly involving Vatsa, which he initially dismissed as the result of jealousy or political rivalry. However, further investigations and consultations with senior officers (including Generals Nasko, Garba Duba, and Wushishi) uncovered evidence that Vatsa had provided funds to other officers to further the coup plan.

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The plot, Babangida recounts, involved bombing Lagos’ Eko Bridge, disrupting Air Force operations, and targeting the presidential aircraft, actions that threatened the stability of the nation. Vatsa had attempted to explain his financial involvement as a contribution to a farming project, but Babangida said the evidence from covert investigations was undeniable.

 

Reflecting on his personal anguish, Babangida admitted, “I experienced a profound personal sense of betrayal. They had orchestrated a violent coup that threatened to shroud the nation in darkness. I faced an impossible choice: save a friend’s life or safeguard the future of my country.” Despite their shared youth and years of friendship in Minna, Babangida prioritized national stability over personal grief.

 

Vatsa’s execution in March 1986, alongside other coup plotters, left a deep personal void for Babangida, who described the loss as both “a personal tragedy” and a necessary step to protect Nigeria. He emphasized that the unity of the armed forces and the nation’s survival outweighed private sorrow, insisting that the rule of law and the demands of national security must take precedence over friendship.

 

The former military ruler also highlighted later attempts to politicize the incident, stating that some officers were displeased with Vatsa’s appointment as Minister of the Federal Capital Territory due to lingering perceptions about past coups. Nonetheless, Babangida maintained he had always sought to honor their friendship, accommodating Vatsa’s personality and character wherever possible. “I stayed loyal to our friendship and went above and beyond to accommodate his excesses and boisterous behavior,” he wrote.

 

Scholars and historians reviewing Babangida’s account note that the execution of a childhood friend underscores the extraordinary pressures faced by leaders during periods of national crisis, highlighting the intersection of personal ethics and state responsibilities. Dr. Chukwuemeka Okeke, a Nigerian historian, commented, “IBB’s narrative shows the stark reality of leadership in times of upheaval. Personal relationships, even lifelong friendships, can be overshadowed by national imperatives.”

 

Babangida’s account provides a rare, candid exploration of the emotional burden borne by leaders forced to make life-and-death decisions. The memoir paints Vatsa not only as a friend but also as a symbol of the painful sacrifices that leadership demands, illustrating the complexities of governance in a nation fraught with political instability and internal dissent.

 

Ultimately, A Journey of Service chronicles a delicate balance: the tension between human attachment and the responsibility to safeguard a nation. The story of Vatsa’s execution is a stark reminder that the path of leadership is often laden with moral dilemmas and irrevocable decisions, where loyalty to country may exact the ultimate personal cost.

 

Babangida’s revelation adds a deeply human dimension to historical events that have long been analyzed in military and political textbooks, shedding light on the emotional and ethical struggles of one of Nigeria’s most influential military rulers.

From Friendship to Tragedy: IBB Recounts Executing Childhood Friend Mamman Vatsa

By George Omagbemi Sylvester

Published on Wednesday, March 18, 2026.

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FAKE OUTRAGE: Viral “Trump Post” on Tinubu Debunked

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FACT CHECK: Viral “Trump Post” Blasting Tinubu Over Maiduguri Bombings is Fake

 

 

LAGOS — A viral image circulating on social media, purportedly showing a post by former U.S. President Donald Trump criticizing Nigeria’s President Bola Ahmed Tinubu, has been confirmed as false and digitally manipulated.

 

 

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The image, which appeared online late Monday, March 16, 2026, claimed to be a post from Trump’s Truth Social account reacting to a deadly wave of bombings in Maiduguri. While the attacks themselves are real, the alleged international rebuke is entirely fabricated.

 

 

 

 

Hoax Exposed

 

The fake post alleged that Trump described Nigeria’s situation as a “TOTAL DISASTER” and criticized Tinubu for being on a “State Visit” to the United Kingdom during a supposed “STATE OF NATIONAL EMERGENCY.”

 

 

 

However, multiple inconsistencies quickly exposed the claim:

 

 

 

Timeline Discrepancy: The post referenced events occurring while Tinubu was already abroad. In reality, the President only departed Abuja for London on Tuesday, March 17—hours after the image began trending.

 

 

 

Design Errors: Analysts identified a suspicious “whitehouse.gov” button embedded in the image—an element not present on the Truth Social platform.

 

 

 

No Verifiable Source: A thorough review of Trump’s official social media accounts and global media reports shows no record of such a statement.

 

 

 

 

Tinubu’s UK Visit Continues

 

Despite the security situation at home, the Presidency has confirmed that Tinubu’s scheduled state visit to the United Kingdom will proceed.

 

 

The Nigerian leader is expected to be received by King Charles III at Windsor Castle on Wednesday, March 18. The visit marks a notable diplomatic engagement between Nigeria and the UK.

 

 

The widely shared “Trump post” is a deliberate misinformation attempt, exploiting a real national tragedy to spread false political narratives. Authorities and media observers continue to urge the public to verify information before sharing.

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TO MY BROTHER BOBBY DEE

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AHMAD GUMI: CLERIC OF BLOOD, FACE OF HATE 

TO MY BROTHER BOBBY DEE by Chief Femi Fani-Kayode 

 

 

For my brother Bobby Dee (Chief Dele Momodu) to compare President Tinubu to General Sani Abacha and claim that he is a dictator suggests that he is suffering from a degenerating and worrisome level of cognitive dissonance.

 

 

I love Dele and God knows I have immense respect for him but he sounded drained, tired and broken and spoke little sense yesterday in his interview with Seun Okinbaloye of Channels TV.

 

 

May I humbly suggest to him to try and take a break from politics and political commentary for a while, get his breath back and attempt to overhaul his intellectual engine?

 

 

 

Not only was he uncharitable and disrespectful to the President, the Vice President, the Ministers, the Senators and the newly-appointed Ambassadors, many of whom have far more experience than him in governance and Government, on that programme but he also insulted the collective intelligence of the Nigerian people.

 

 

He and his associates in the ADC should focus more on trying to build up their depleted ranks and form a strong opposition that we can look forward to engaging in the field of battle for the 2027 election rather than continously obsesse and talk about what our President and our party is doing.

 

 

 

The ADC cannot even be described as a sinking ship but rather as a badly patched up inflatable plastic life boat that has not even managed to find its bearing or leave the harbour.

 

 

 

It has no engine, no sails, no oars, no captain, no crew, no navigational equipment, no muscle, no firepower, no war chest, no destination and worse of all it is made of rubber and not steel.

 

 

How can such an ill-prepared contraption even float let alone do battle?

 

 

It cannot possibly survive the rough seas and harsh winds of Nigerian politics because it lacks gravitas, focus, character, intelligence, discipline and strength.

 

 

 

 

 

It needs to be built up, better schooled, better trained, better equipped, better educated and better prepared before it can enter the field and before we can even begin to regard it as an opposition party.

 

 

 

Right now it can only be described as a haven and pitiful gathering of vacuous, shallow, intellectual frauds and political renegades who lack foresight and who have no direction.

 

 

 

The fact that they have failed to take off is not Tinubu’s fault, it is theirs.

 

 

 

The fact that political leaders and the Nigerian people are flocking to APC in droves is not only because our President and Vice President are doing well but also because they view the ADC as nothing but a collection of disingenious, desperate and recycled political losers, who are addicted to power, who offer no credible alternative to governance and who, like the three blind mice, are running around in circles, chasing each other’s long, mangy and wrinkled tails with no where to go.

 

 

Watching my brother Dele trying to speak for them is pitiful and is even more disconcerting than his assertion that Tinubu will regret his decisions and will be deserted by everyone around him.

 

 

The Bible says “who is he that sayeth a thing and it cometh to pass when the Lord God of Hosts has commanded it not?”

 

 

Dele should listen to the Holy Spirit instead of to the pagan murmurings, strange whispers, demonic divinations and conjuring projections of the Prophets of Baal and the Witch of Endor.

 

 

 

To be sure Tinubu started well, he is doing well and he will, by the grace of God, end well with no regrets in 2031.

 

 

Anything short of that is the counsel of the ungodly and the manifestation and delusions of a diseased and demonised mind.

 

 

I appeal to my brother Dele: leave the ranks of the forces of darkness and join us.

 

 

You are far too good for the company you are keep.

 

 

Your presence in the ranks of the ADC is like that of a gentle, beautiful, well bred, well fed and well manicured flamingo trapped in a sea of ugly, cruel, loud, angry, starving, cackling and relentless crows and vultures.

 

 

It does not befit you.

 

 

 

 

(Chief Femi Fani-Kayode, the author of this essay) is an Ambassador Designate of the Federal Republic of Nigeria, a former Minister of Aviation, a former Minister of Culture and Tourism, the Sadaukin Shinkafi, the Wakilin Doka Potiskum, the Otunba of Joga Orile, the Aare Ajagunle of Otun Ekiti and a Legal Practioner)

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