House of Reps exposes new CABAL in oil & gas sector


- The House of Representatives has directed
the ministry of defence to stop all further
actions on commercialisation of the Nigeria
Navy by foreign groups, led by Shorefac
Consortium Limited
- The House says Nigerian Navy
collaborating with Shorefac Consortium
Limited, which has strong international
affiliations, will lead to undue exposure of
the country to foreign interference
House of Reps has warned of a new cabal
emerging in the Nigerian oil and gas sector.
The House of Representatives has
identified what it described as new a
cabal, whose sole aim is to steal and
divert Nigeria’s crude oil and liquefied
gas to global destinations.
In order to check the emergence of the
new cabal, the House in its resolution
on Tuesday, March 28, directed the
ministry of defence to stop all further
actions on commercialisation of the
Nigeria Navy by foreign groups, led by
Shorefac Consortium Limited, Vanguard
reports.
The resolution was sequel to a motion
on matter of urgent public importance
sponsored by Ehiozuwa Johnson
Agbonayinma, who represents Egor/
Ikoba-Okha federal constituency of Edo
state.
According to the motion, Agbonayinma
accused Shorefac Consortium Limited of
which has a strong international
affiliation of trying to collaborate with
the Nigerian Navy in commercializing
the maritime services department of the
navy.
The motion alleging the emergence of
the new cabal in the oil and gas sector
read:
“On February 21, 2017, Shorefac
Consortium Limited made a proposal of a
business model to the Ministry of Defence
that would deliver 100 fast boats to the
Nigerian Navy, together with an offer of
maintenance support, all at no cost to
the government.
“Shorefac Consortium, in order to recoup
its investments, would become a
commercial partner to the Nigerian Navy
in commercializing the Maritime Services
Department of the Navy which would
then be expected to provide security
services at a cost to International Oil
Companies and other owners and
operators of offshore assets.
“Shorefac Consortium Limited has strong
international affiliations, therefore,
engaging such a company to collaborate
with a key arm of the nation’s Armed
Forces will amount to commercializing
its core constitutional role and cause
undue exposure of the country to foreign
interference.
“Funding of the Armed Forces is the
priority of the Federal Government,
which must shield them from all
manners of commercial ventures that
could put the country’s security at risk.
“Commercialization of any sector of the
Armed Forces would bring about
profiteering that is devoid of allegiance
to national causes, and ultimately erode
the core military values of order and
discipline as personnel would begin to
compete to be part of the lucrative
commercial business.”
Meanwhile, NAIJ.com has reported that
President Muhammadu Buhari has sent
two ministerial nominees to the Senate
as replacements for the late Mr James
Enojo Ocholi (SAN) and Mrs Amina
Mohammed.
Buhari’s cabinet became short of two
ministers after James Enojo Ocholi died
in an accident in March 2016 and
Amina Mohammed was appointed as UN
deputy secretary-general in December
2016.
The president sent the names of the two
ministerial nominees to the Senate on
Tuesday night March 28, This Day
reports.
NAIJ.com recently visited a community
in Lekki that was demolished by the
Lagos state government, where 25-year-
old Taiye Atuku, who has not seen five
of her children since the demolition of
their houses speaks.

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