Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


MyNews24 is a user-generated section of News24 Nigeria. The stories here come from users.


Diezani prepared to sell Nigeria’s refineries, again

20 November 2013, 17:20 Peregrino Brimah

Again, because Obasanjo sold them before, but Yar’Adua of blessed memory—for his absolute contempt for terror, be it economic terrorism or radical Islamist—reversed the sale in protection of the nation.

For those of us who are not too familiar with this event, the usual culprits, Otedola and Dangote actually bought our refineries at the end of Obasanjo’s tenure, in what was recognized as a quick ditching of Nigeria’s assets to “self,” via cronies.

Reuters put it candidly for us then: “Obasanjo ally buys second Nigerian oil refinery”
(Reuters) – “Nigerian tycoon Aliko Dangote has acquired a controlling stake in Nigeria's third-largest refinery in Kaduna for an undisclosed sum, consolidating his grip on the OPEC member nation's refining sector.  It was the second major refinery purchase in a week by Dangote, who is a major financier of the ruling party and ally of outgoing President Olusegun Obasanjo, after he bought the largest refinery in Port Harcourt on May 17.”

The global news agency was obviously passing a message to Nigerians, but as we are now, so we were then, too obstinate to notice and too meek to react.

Reuters further precipitated:
“In the weeks leading up to Obasanjo's departure, Dangote's privately held company has also scooped up a cement plant, a telecoms licence and mining concessions in a rush of privatisations that has triggered accusations of cronyism by opposition parties.”

We remember that at the time, it was reported that Dangote gave Obasanjo a $35 million thank you convenience Jet for the many pieces of Nigeria the fresh-made trillionaire, Obasanjo put in his ward.

Perhaps we should not even refer to them as “Nigeria’s” refineries. The way this democratic government sits on and steals the money and sells everything at will, without regard for the people of Nigeria, one thinks, perhaps it is actually theirs; her refinery. Diezani is set to sell her refinery next four months, after she refurbishes her thing.

Now, here is the second most fascinating aspect of this news. She is spending trillions of Nigeria’s, or rather, “her” money to refurbish it first, before selling, as she announced yesterday.

Why refurbish before selling? Why not sell to them as is for them to fix it?

Well, how about we refresh our memory on how these things work. Backtrack to the sale of the PHCN to the Transcorp boys, this September. DailyTrust headlined it: “Power firms sold for N404bn after gulping N3.2tr.”

So they refurbish “their” thing, with trillions of “their” money, and then sell them to themselves, via their coterie of friends on the outside for one-tenth of the worth, and then they will provide us the mekunu’s (paupers) the service for triple the global rates.

This is not advanced fraud, no. This is simple everyday governance in the world’s most powerful Kleptocratic republic; in history.

There is not much to say about this news. Nigerian masses are sheep, and our military are mice. Of blessed memory are the Ojukwu’s, the Murtala’s, the Fela’s, and the Nzeogwu’s. Regard them or dispute their causes, these men stood up for what they believed, suffered for their beliefs and some were killed for their causes.

Some, when they realized the rest of the nation would not follow them, carved their republics within the republic, of the vista that if the rest of the nation choose to be treated as monkeys, we SHALL NOT! Where are such men of our times?

Finally, at a harrowing time like this, permit me to quote from the Bible, from Mahatma Gandhi and the Quran, on the happenings of this time. There is comfort and solace in these words. Please read each through.

2 Timothy (KJV) 3:1 This know also, that in the last days perilous times shall come. 2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, 3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good, 4 Traitors, heady, highminded, lovers of pleasures more than lovers of God; 5 Having a form of godliness, but denying the power thereof: from such turn away. … 9 But they shall proceed no further: for their folly shall be manifest unto all men, as their's also was.

Mahatma Gandhi: “When I despair, I remember that all through history the way of truth and love have always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. Think of it--always.”

Quran 40:82 Have they not traveled through the earth and seen what was the end of those before them? They were more in number than them and mightier in strength and in the traces in the land; yet all they used to earn availed them not.

May the good Lord save us from the Kleptomaniacs In Power.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...