Posts by Idris:


Malabu fraud: Why Nigerian Government retrieved OPL 245 from Shell, Eni

Nineteen years after it was first awarded to a controversial firm, OPL 245 has reverted back to the federal government. The block, considered the richest in Africa, is estimated to contain over 9 billion barrels of crude and even larger volume of gas reserves. For comparison, at Nigeria's current OPEC…

Former Minister Dan Etete, the man behind Malabu

Malabu $1.1 billion Scandal: Court orders OPL 245 returned to Nigerian government

The Economic and Financial Crimes Commission, EFCC, has secured a court order mandating the return of OPL 245 to the Nigerian government. The order was granted by Justice John Tsoho of the Federal High Court on Thursday morning, pending "the conclusion of investigations..." by the EFCC. OPL 245, considered the…


EXCLUSIVE: Top Nigerian businessman wanted for “international corruption” in Italy

He may be the owner of Abuja's most luxurious building and a friend to several Nigerian government officials, past and present, but the noose is tightening on Aliyu Abubakar in Nigeria and in Europe. [caption id="attachment_219312" align="alignright" width="248"] Aliyu Abubakar[/caption] About a week after Nigeria's anti-graft agency, EFCC, filed money…


Malabu $1.1 billion scandal: Like Nigeria, Italy ready to prosecute citizens, firms involved in scandal

A few days after Nigeria commenced prosecution of persons involved in the OPL 245 scandal, Italian officials are also set to commence prosecution of Italians and firms involved in the shady deal. As part of their findings, Italian prosecutors said officials of Italian oil giant, Eni, may have received $50…


Malabu $1.1 billion: Why EFCC charged two former Nigerian ministers Adoke, Etete, for fraud, money laundering

Eighteen years after Nigeria's richest oil block, OPL 245, was controversially awarded to a new company, the then petroleum minister has been charged for crimes related to the block. Dan Etete was petroleum minister in 1998 under the military dictator, Sani Abacha, when the block was awarded to Malabu Oil…

Former Attorney-General,  Bello Adoke

Malabu $1.1 billion‎: EFCC files fraud charges against Adoke, Etete, Aliyu

The anti-graft EFCC has filed fraud charges against Nigeria's former Attorney-General, Mohammed Adoke; a former petroleum minister, Dan Etete; and a controversial businessman, Abubakar Aliyu, and others for their roles in the ‎Malabu $1.1 billion shady deal. The 9-count charge was filed at the Federal High Court, Abuja on Tuesday,…

Tokunbo at Alaba Market

INVESTIGATION: Inside Nigeria’s toxic ‘Tokunbo’ trade

Whenever 44-year-old Umeh goes to Billstrasse, Hamburg's main district for used electrical and electronic equipment (EEE), his main task is how to get the best deals for used products. Crammed with various shops and garages, about half of which are devoted to sale and transportation of used goods, Billstrasse is…

Symbol of law and justice, law and justice concept, focus on the scales

Eight more Nigerian judges to be arrested in SSS clampdown

At least eight more senior judges in Nigeria are being investigated for corruption and may be arrested anytime from now, PREMIUM TIMES has learnt. The eight are part of 15 judges that are being investigated by the State Security Service for alleged corrupt practices. Already, seven judges were arrested between…

Former Minister Dan Etete, the man behind Malabu

Malabu $1.3 billion scandal: Dutch investigators question Shell officials

Officials of Shell, the multi-national oil firm at the heart of one of the largest oil heist in Nigeria, have been questioned by Dutch investigators for their roles in the deal. PREMIUM TIMES had reported how Shell and Italian oil giant, Eni, agreed to secretly pay $1.3 billion to Malabu…

Muhammadu Buhari in an Aljazeera Interview

Buhari drags Nigeria into Saudi-led Islamic coalition against terrorism

Nigeria will join the Saudi Arabia led coalition of Muslim countries against terrorism, President Muhammadu Buhari has said. Mr. Buhari stated this in an interview with Aljazeera Television. "We are part of it because we have got terrorists in Nigeria that everybody knows which claims that they are Islamic," the…

Former Minister Dan Etete, the man behind Malabu

Acting President Osinbajo, Attorney General Malami in turf war over $1.3 billion Malabu scam

On Thursday, January 28, Ibrahim Magu, the acting chairman of Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), received a letter. The two-paragraph letter from the office of the Attorney General of the Federation and Minister of Justice, made only one request from the anti-graft chief. Signed by…

Former Minister Dan Etete, the man behind Malabu

EXCLUSIVE: Shell, Eni in fresh trouble as Nigeria begins moves to withdraw OPL 245

The Nigerian government is set to retrieve one of Africa's richest oil blocs from oil giants, Shell and Eni, PREMIUM TIMES has learnt. Not only will the two oil giants lose OPL 245, should President Muhammadu Buhari approve the recommendations, they will also be fined billions of dollars for illegal…

Former President Goodluck Jonathan

$1.1billion Fraud: British Judge questions Jonathan’s integrity, stops Etete from getting N17 billion

A British Judge on Tuesday refused to release $85 million (N17 billion) to Malabu, a fraudulent company controlled by Nigeria's former petroleum minister, Dan Etete. In refusing to release the money to Malabu, Justice Edis of the Southwark Crown Court declared that he was not sure the administration of President…

Former Minister Dan Etete, the man behind Malabu

Malabu OPL245 Fraud: Dan Etete wants Nigeria’s N17 billion

British court will on Tuesday, December 15, decide whether  $85 million (N17 billion) frozen by UK authorities should be released to a fraudulent company, Malabu Oil and Gas, controlled by ex-convict, Dan Etete. The money, frozen at the request of Italian authorities, is part of the $1.092 billion paid by…

Boko Haram

BudgIT: Using data journalism to simplify Boko Haram, budget in Nigeria

When President Muhammadu Buhari on November 18 ordered the arrest of Nigeria‘s immediate past National Security Adviser, Colonel Sambo Dasuki (rtd), one major reason was given. Mr. Dasuki and several others had been indicted by a presidential panel of mismanaging billions of dollars; money meant to procure arms for the…

Former Minister Dan Etete, the man behind Malabu

The N155billion Malabu Scam: EFCC quizzes Jonathan’s associate who helped distribute ‘slush fund’

In continuation of its investigation into the N155billion Malabu Oil deal involving former Petroleum Resources Minister, Dan Etete, and some top officials of the Goodluck Jonathan administration, the Economic and Financial Crimes Commission on Monday interrogated a close associate of both Mr. Etete and Mr. Jonathan. PREMIUM TIMES learnt that…


THROWBACK(5): Howard University faults Diezani Alison- Madueke’s year of graduation

This story is being reprinted with permission from NEXT which remains its appropriate copyright owner. By Idris AkinbajoAugust 6, 2011 She really was not required to enroll for national service. As Diezani Alison-Madueke settles into her second tour of duty as Nigeria’s petroleum minister, she wouldn’t have been burdened by…

Iran President, Hassan Rowhani

Nigeria, UN Security Council approve Iran nuclear deal

Nigeria and the other 14 members of the United Nations Security Council have unanimously approved the nuclear deal signed between the the world's major powers and Iran. The deal was reached between the five permanent members of the council (plus Germany, P5+1) and Iran. The deal mandates ‎Iran to stop…

Buhari with World leaders

Buhari chooses to be neutral as Nigeria abstains from crucial UN vote

Nigeria on Wednesday abstained from voting on a Security Council resolution that would have dubbed the 1995 massacre at Srebrenica during the Bosnian war, a "crime of genocide". Nigeria was joined by fellow African country, Angola, as well as China and Venezuela, to abstain from voting. Despite their abstentions, the…

Dan Etete

EFCC reopens investigation, quizzes Etete over dubious $1.1 billion Malabu oil deal

The Economic and Financial Crimes Commission, EFCC, on Friday moved against convicted felon and former minister of Petroleum, Dan Etete, over the transfer of $1.1 billion made to his phoney company, Malabu Oil and Gas, for the sale of OPL 245 to Italian oil giant, Eni and Royal Dutch Shell…


EASTER: CAN prays for Buhari’s success as Nigeria’s president

The Christian Association of Nigeria, CAN, has prayed for the success of the coming administration of the president-elect, Muhammadu Buhari. In a statement sent to PREMIUM TIMES, the CAN President, Ayo Oritsejafor, said, “I also pray for peace for the incoming administration led by Rtd Major General, Muhammadu Buhari with…

FILE PHOTO: Nigerian troops with captured ammunition from a past operation in Konduga

Inside details of Boko Haram’s 3-pronged attack on Maiduguri, Konduga, Monguno

Nigerian soldiers on Sunday faced three separate and daring raids by Boko Haram insurgents on three major towns of Borno State and successfully repelled two of them, the Defence Headquarters has said. Chris Olukolade, the Director of Defence Information, said the daring attacks on Maiduguri and neighbouring Konduga by insurgents…

Governor Olusegun Mimiko

‎Panic in Labour Party as Governor Mimiko concludes plan to join PDP

Governor Olusegun Mimiko of Ondo has concluded plans to dump the Labour Party [LP] for Nigeria's ruling Peoples Democratic Party, PDP, a development that has sparked panic in the state chapter of the LP. Mr. Mimiko disclosed this to LP leaders across the state in a meeting at the Governor's…

FILE PHOTO: Scene of a bomb blast in Abuja on June 25, 2014

Explosion rocks Abuja, many feared dead – Live Updates

The explosion occurred at about 4pm‎. (more…)

Imprisoned Al Jazeera journalists. L-R: Mohamed Fahmy, Baher Mohamed  and Peter Greste

UPDATE: Egypt sentences 3 Al Jazeera journalists to jail

"There is only one sensible outcome now - for the verdict to be overturned, and justice to be recognised by Egypt." (more…)