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Unmasking the Maltese Cross of Corruption* By Arnold Owie

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*Unmasking the Maltese Cross of Corruption*

By Arnold Owie

 

A national scandal has unfolded with the revelation of substandard petroleum products being imported into Nigeria, linked to a shadowy oil blending plant in Malta. Leaked documents and interviews expose a complex web of corruption involving NNPC personnel, oil traders, and terminal operators. Matrix Energy, owned by Abdulkabir Adisa Aliu, a member of the Presidential Economic Coordination Council (PECC), is at the center of this scandal. The company has been importing low-grade petroleum products from Russia, blending them in Malta, and selling them in Nigeria.

Aliu’s actions demonstrate a disregard for the Nigerian people’s welfare. Matrix Energy’s logistical infrastructure suggests a deliberate attempt to undermine local refinery efforts, ensuring continued importation of inferior fuel products. The allegations against Aliu are severe, including securing preferential access to crude oil cargoes and trading them through a UAE-based entity.

The Malta saga is a damning indictment of the entire system, with Farouk Ahmed and Mele Kyari facing scrutiny for their alleged complicity. The NNPC’s failure to curb substandard fuel imports is a testament to its incompetence or complicity, betraying public trust and national pride.

The exposé’s severity is heightened by Russia’s expulsion from the SWIFT global banking network, making oil and gas dealings between Nigerian entities and Russian refineries illicit. Shipping data reveals a disturbing trend: 15,000 tons of petroleum products were transloaded onto the ‘Matrix Triumph’ vessel on June 16 and discharged at Matrix Jetty in Warri on June 21 without rectification, implying toxic diesel is being sold to unsuspecting Nigerian consumers.

The House of Representatives’ visit to the Dangote Refinery on July 20, 2024, confirmed Matrix Energy’s importation of subpar diesel. Diesel samples from Matrix filling stations had a sulphur content exceeding 2,653ppm, far surpassing the 50ppm requirement. Aliko Dangote presented findings from an exhaustive analysis of diesel samples, revealing alarming sulphur content levels. The testing, conducted at Dangote Refinery’s state-of-the-art laboratories, employed precise protocols to measure total sulfur content in petroleum products.

Dangote revealed that the diesel samples were purchased in the presence of lawmakers, ensuring transparency and accountability. The test results showed that his refinery’s diesel boasted an exemplary quality, with a sulfur content of 600-650 ppm initially, and a remarkable 87 ppm currently. In stark contrast, the samples from TotalEnergies and Matrix Retail exhibited alarmingly high sulfur concentrations of 1,829ppm and 2,653ppm, respectively.

These findings corroborate the disturbing fact that certain companies have been peddling diesel with sulfur levels exceeding 2,000 parts per million, indicative of off-spec, adulterated products sourced from Russian refineries and purportedly “corrected” at blending plants in Malta and Lome. However, instead of rectifying the subpar fuel, a large-scale adulteration scheme was perpetrated, thereby posing grave dangers to the lives of consumers.

A report by Stakeholder Democracy Network (SDN), a non-governmental not-for-profit organization, said it appears to be easy for sub-standard fuel imports to enter Nigeria. “So it is probable that large volumes of fuel consumed are of poor quality, causing significant damage to public health, engines, and the environment. “This contributes to air quality levels that cut life expectancy by 4.7 years in the Niger Delta, the worst hit area across the African continent,” SDN said in its report.

The diesel produced locally in Nigeria is of a significantly higher quality than the fuel blended in Malta. This fact alone underscores the criminal nature of this operation. By importing inferior fuel, these unscrupulous individuals are not only defrauding the Nigerian government but also endangering the lives of millions of Nigerians. The long-term damage to vehicles and other machinery caused by these substandard products is incalculable.

In contrast to the greed and avarice displayed by those involved in the Malta saga, the figure of Alhaji Aliko Dangote stands tall as a beacon of patriotism and entrepreneurial spirit. Dangote’s strong commitment to building a world-class refinery in Nigeria is a testament to his belief in the potential of his country. Despite facing numerous obstacles and setbacks, he has persevered in his efforts to create jobs and generate wealth for the Nigerian people. Dangote’s refinery represents a tangible solution to the perennial fuel crisis and a catalyst for economic growth.

It is no coincidence that those involved in the Malta saga are vehemently opposed to Dangote’s refinery project. Their business model relies on the continued importation of substandard fuel, a practice that would be rendered obsolete by the existence of a local refinery. The Maltese cross of corruption is a formidable obstacle, but Dangote’s determination, coupled with the support of the Nigerian people, can overcome it.

This despicable scandal necessitates a prompt and resolute response from the government, entailing a comprehensive and unbiased investigation to hold accountable those responsible for these reprehensible actions. A radical overhaul and restructuring of the NNPC is imperative to prevent the recurrence of such abuses of power and ensure transparency. Moreover, the government must foster a conducive environment, conducive to the growth and prosperity of local refineries, thereby safeguarding our economy from the pernicious influence of saboteurs and revitalizing our oil and gas sectors with utmost haste.

Consequently, Male Kyari must be forthwith stripped of his position, while Adisa Aliu must be subjected to a meticulous and thorough investigation regarding his involvement in these sham dealings. The Nigerian populace deserves a government firmly committed to their welfare, and a petroleum sector distinguished by transparency, efficiency, and accountability.

The laxity in regulating fuel quality poses a grave and formidable health risk to the citizens of Nigeria, underscoring the imperative for a government that prioritizes their well-being. The Malta saga serves as a stark reminder of the formidable challenges confronting Nigeria, yet simultaneously presents an opportunity for transformative change. By unmasking the entrenched corruption and collusion that has long plagued the oil and gas sector, this scandal can catalyze a paradigm shift, heralding a new era of reform and accountability.

The Maltese saga Is a dark chapter in Nigeria’s history, but it can also be a turning point. By exposing the corruption and greed that have plagued the oil and gas sector, this scandal offers an opportunity to build a better future. A future where the nation’s resources are used for the benefit of its people, not the enrichment of a few.

Only by taking these steps can Nigeria hope to break free from the stranglehold of corruption and build a brighter future for its citizens.

Owie is an oil and gas expert writing from the United Kingdom.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.
The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.
“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.
The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.
Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.
The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.
This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.
Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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