FEATURED
NNPC: Why We Gave Pipeline Surveillance To A Company Owned By Oshiomhole’s Friend
The Nigerian National Petroleum Corporation (NNPC) says it couldn’t allow continued attacks on the Trans Forcados pipeline hence the security contract it awarded to Ocean Marine Solutions (OMS).
Ocean Marine Solutions is owned by Idahosa Okunbo, a Nigerian businessman, whom Adams Oshiomole, chairman of the All Progressives Congress (APC), referred to as his friend in a 2016 letter to Ize Iyamu.
In a statement released on Tuesday by the corporation and signed by Ndu Ughamadu, its spokesman, NNPC said the contract is the result of a rigorous appraisal of OMS’s record of performance on the Bonny-Port Harcourt and Warri-Escravos crude evacuation lines.
Trans Forcados is an 87km pipeline with a capacity of 250,000 barrels.
“In 2018, we lost over 60 days of production due to incessant breaches on the TFP despite having a security contract in place,” the statement read.
“In terms of production numbers, this translates to over 11 million barrels of crude oil which on face value equates to over $800m in lost revenue to all the stakeholders in the matrix which includes: NNPC, its Joint Venture partners and the Nigerian Federation.”
Ughamadu stated that the contract would require that the company bear the cost of any damage to the pipeline, unlike the former contract where the company was exempted from repair costs.
NNPC revealed it lost 60 days of production under the new contract and spent $32 million on repairs and protection of the pipeline.
According to NNPC, OMS is obligated to engage youths from the community to execute the contract hence youths engaged under the old contract do not have to fear losing their jobs.
However, on the allegation of non-adherence to due process in the offer of the surveillance deal, NNPC explained that all federal government-approved procurement processes and procedures were followed to the letter.
Meanwhile, in 2015, a memo from the Presidency had directed that ex-militants, led by Government Ekpemupolo (aka Tompolo), Mujaheedin Asari-Dokubo and Chief Bipobiri Ajube (aka Gen. Shoot-At-Sight) take over Nigerian waterways and oil pipeline protection from the police and the Nigerian Security and Civil Defence Corps (NSCDC) as from March 16.
Frederick Fasheun, deceased founder of the Oodua Peoples Congress, and Gani Adams were also beneficiaries of the contract.
Donald Duke To Gov Diri: You’re A Local Champion Over Coastal Highway Opposition
2027: Why I Won’t Attend Every APC Campaign Rally – Tinubu
Isoko South Council Distributes Desks To Public Primary Schools In Delta
Okpara Inland Crisis: Delta CP Visits Community Over Killing Of Don Cross, Orders Investigation
2027: Wike Warns APC Campaign Council, Says Don’t Claim Victory If You Fail To Deliver Your State For Tinubu
Yuleidy Ixcotoyac: 15-Year-Old Girl Wakes Up In Coffin 8 Hours After Father Declared Her Dead
Court Fines Odumodublvck N125,000 Over Adjournment Request in Assault Suit
Tinubu Transmits National School of Government Bill 2026 to Senate, Seeks Repeal of ASCON Act
Plateau Attacks: Three Killed, Two Injured as Gunmen Rustle 114 Cattle
Dispense Justice Without Fear Or Favour, Oborevwori Tells Delta Judges
El-Rufai, Associates Earmarked $600,000 to Bribe EFCC Officials – DSS Witness
Okubor to Chair 2026 DOPF Conference, Lecture Series in Asaba
2027 Gov’ship: INEC Explains Why Some Candidates Were Omitted From Final List
UN Reviews Kenya Over Discriminatory Family Laws As Report Shows Third Of Widows Face Eviction
Payroll Security: Deel Local Payroll CEO Says Single Data Source Will Stop Fraud, Cybercrime
