While I understand President Buhari may be taking the measure as indicated below to redistribute income as well as bridge the gap between the extreme rich and the poor, I also have doubts as to his true intentions.
I think it’s too early to celebrate this move by Mr. President. Can we take it for granted that Mr. President has a genuine desire to equitably redistribute the wealth of Nigeria? Or is this another move to grind axes with his “enemies”? Or another immense opportunity to compensate his APC chieftains who will definitely benefit from this upcoming evolution? Which ever way, I keep my fingers crossed and watch how events unfold.
Please read on:
President, Mohammadu Buhari has said that with effect from 2019, existing oil licensees will not be renewed by the Federal Government of Nigeria and its Public Corporations.
No reason has so far been given for this development, but sources within the Presidency revealed that the move is in keeping with this electioneering campaign promises, to redistribute income and bridge the gap between the extreme rich and the poor.
The owners/operators of oil block license who may be affected by this development are listed below:
1). Alfred James Petroleum OPL 302 1991 Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman.
2). Soglas Nigeria Limited OPL 226 1991 Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman.
3). NorthEast Petroleum OPL 215, 840 &902 1991 Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman.
4). Optimum Petroleum OPL 310 1992 R.D. Adelu, Yusuf N’jie and O.A. Aremu with Ibrahim Bunu as Chairman.
5). Sunlink Petroleum OPL 238 & OPL 311 1993 Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei.
6). Express Petroleum OPL 108 & 227 1995 Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman.
7). Dubril Oil Co. Nigeria OPL 96 1987 B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.
8). Amni Int. Petroleum OPL 112 &117 1998 &1999 E.C Edozien, Tunde Afolabi with Sanni Bello as Chairman.
9). Atlas Petroleum Int. Nig Ltd OPL 109 1996 Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman.
10). Consolidated Oil OPL 103, 458, 136 1993, 1998 &2006 O. Adenuga and Ebi Omatsola with Mike Adenuga as Chairman.
11). Oriental Energy Resources OPL 115 1999 Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman.
12). Cavendish Petroleum Nig. Ltd OPL 110 1996 Gambo Gubio with Mai Deribe as Chairman.
13). Allied Energy Resources Nig. Ltd OPL 120 & 121 2001 Mickey Lawal as Director with Kase Lawal as Chairman.
14). Peak Petroleum OPL 122 2001 Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman.
15). Summit Oil Nig. Limited OPL 205 and 206 1990 L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman.
16). Crownwell Petroleum Ltd OPL 305 AND 306 1993 S.K Adejumo with Sair Kuashi as Chairman.
17). Famfa Oil Ltd OPL 216 (OML 127) 1993 Folorunso Alakija.
18). MoniPulo OPL 114, 239, 234, 231 1999, 2008, 2008, 2007 F.A. Agama with O.B. Lulu Briggs as Chairman.
19). Yinka Folawiyo Pet. Company OPL 113 1998 S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo as Chairman.
20). Zebbra Energy Limited OPL 248 2004 S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as Chairman.
21). Oil and Gas Limited OPL 249 and 140 2003, 2006 M.O. I drisu with Reggie Uduhim as Chairman.
22). Continental Oil and Gas Limited OPL 59 1998 Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman.
23). Emerald Energy Resources OML 141 2001 J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri, Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman.
24). Oranto Petr. Limited OPL 320 2002 Arthur Eze as Chairman.
25). Dajo Oil Limited OPL 320 2004 R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman.
26). Malabu OPL 245 Dan Etete as Chairman.
27). Orient Energy OPL 915, 916 N. Nwawka with Emeka Anyaoku as Chairman.
28). Sahara Energy Exploration OPL 284, 228, 332 2005, 2006 Buba Lawal, Cole Tonye, Odunsi Ade as Directors.
29). Enageed Resources Limited OPL 274 2007 Buba Lawal, Cole Tonye, Odunsi Ade as Directors.
30). Seplat OPL 4, 38, 41 2010 A.B.C. Orjiako and Austin Avuru.
31). Ekcrest E & P Limited OPL 40 2012 Emeka Offor as Chairman.
32). First Hydrocarbon OPL 26 2011 O.A Azazi as Chairman.
33). Neconde OPL 42 2011 Amesi Azudialu, John Umeh, Nnenna Obijesi.
34). Niger Delta Western OPL 34 2012 Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore.
35). Transcorp OPL 281 2011 Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye.
36). Starcrest, Cross River Energy & NPDC OPL 242 2011 Emeka Offor, Chris Garuba.
37). Starcrest OPL 291 Emeka Offor, Gidado Idris, Yzoni Yaw.
38). South Atlantic (SAPETRO) OPL 264 (130) 1998 Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman.
39). Oando OPL 278, 236 2005, 2006 Magoro, J.A. Tinubu, O. Boyo, M.O. Osunsanya, O. Adeyemo, O. Akpata, Oba Gbadebo, A. Peppe and Appiah Korang.
40). Ashbert OPL 325 Albert Esiri, Ifeoma Esiri
41 Oil World OPL 241 2007 Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola.
42). Pan Ocean OPL 98, 275 1976, 2007 F.A. Fadeyi, M.D. Yusuf, S.D. Adeniyi.
43). Cleanwater Consortium OPL 289 2007 Arumeni-Ikhide.
44). Afren Global Resources OPL 907, 917 2005, 2008 Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh.
45). Centrica/CCC/All Bright Consortium OPL 276, 283 2005, 2006 Jake Mirica, John Sheers
46 Gas Transmission & Power Ltd OPL 905 2005 Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda.
47). Global Energy Company Limited OPL 135 2005, 2010 S.A. Onabiyi, M.A. Koshoni, Anyansho, J.N. Obiago.
48). New Nig. Devt. Company OPL 733,809, 810,722 Northern State governors.
49). Tenoil Petroleum Energy Services OPL 2008 2007 Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola, Nicholas Okoye, with Elumelu as Chairman.
ALSO to be affected are the Marginal Field Operators listed as follows:
1). Niger Delta Company Ogbele (OML 54) 1999 Aret Adams, Uduimo Itsueli, Sammy Olagbaju, David Richard, Udi Ibru and Fatona Layi.
2). Prime Petr. Ltd & Suffolk Petr Asaramaroru (OML 11) 2003 MacPepple Henry, Macpepple Joy, Macpepple Emmanuel, Macpepple Elfrida and Macpepple Victoria.
3). Oriental Energy Owok (OML 67), Ebok 2006, 2007 Alhaji Indimi, Usman Danburran
4 Universal Energy Stubb Creek Field (OML 13/14 2003 Amana Nkoyo, Mianaekere Nelson, Abubakar Hayatou, Mboho Emmanuel, Ekpo Akpan, Inyang Etim (Akwa Ibom Govt.
5). Eurafric Energy Limited Dawes Island (OML 54) 2003 Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Erastus.
6). Pillar Oil Limited Umusati/Igbuku (OML 56) 2003 Onosode G.O, Fadahunsi O, Amakiri J., Hassan-Katsina Usman, Tonwe Basife, Obaseki Godwin, Akoyomare Ambrose, Fisher Abayomi, Anaekwena Anthony, Avuru Spencer, Onosode Spencer, Hassan-Babangida.
7). Bayelsa Oil Company Atala (OML 46) Bayelsa Govt, Brigidi David, Alamieyesheiga Anitonbrapa, Ifimain Ekine, Jonathan Selereipre, Enddeley Francis, Chinwetelu Chris, Willians E.J., Aliyu Abubakar.
8). Movideo E&P Ekeh (OML 88) Idau Sadiq, Jacobs Kayode, Enahoro Victor, Mohammed Aishatu, Tugger Yusuf, Okwuaive Iyabo, Sadare Raymond.
9). Bicta Energy Ogedeh (OML 90) Adesemowo G.A, Bashir MM, Onumodu Soye, Akinro C.A, Malberbe T. Unejei T.
10). Guarantee Petrr & Owena Oil Ororo (OML 95) Rufus Giwa, Ayodele Johnson, Fayose Abiodun, Unuigbe Odion, Omobomi Samuel, Rotimi Luyi, Adefarati Tunde, Duyie Korede, Ojo Segun, Ogedengbe Dele, Aidi Abass, Adegbonmire Wunmi, Amoye Mofisco, Ebiseni Sola, Oladunni Solomon, Agoi-George Segun, Akinruntan F.E, Hassan AlGazali, Eburajolo Victor, S.A. Ajayi.
11). Platform Petroleum Limited Egboma (OML 38) Edmund Daukoru, Avuru Austin, Amachi Moshe, Adegoke Oluwafeyisola, Addo-Bayero Nasir, Ewendu Chidi.
12). Sogenal Ltd Akepo (OML 90) Funso Lawal, Joda Abubakar, Harriman Hope, Odu Bunmi, Edohoeket Samuel, Yahaya.
13). Chorus Energy Amoji (OML 56) Akerele Chris, Mamman Samaila, Ihetu G.S. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba.
14). Millennium Oil and Gas Oza (OML 11) Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk.
15). Brittania U-Nigeria Ajapa (OML 90) Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O.
16). Network E & P Qua Iboe (OML 13) Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi.
17). Waltersmith Petroman & Morris Petr. Ibigwe (OML 16) Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius.
18). Midwestern Oil & Gas & Suntrust Oil Umsadege (OML 56 ) Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah.
19). Independent Energy Limited Ofa (OML 30) Ikelionwu Emeka, Ohunmwangho Steve, Yar’Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma.
20). Del Sigma KE (OML 55) Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru.
21). Associated Oil & Dansaki Petroleum Tom Shot Bank (OML 14) Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina.
22). Frontier Oil Limited Uquo (OML 13) Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu.
23). Energia Limited & Oando Prod. Devt Ltd Ebendo/Obodeti (OML 56) Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando.
24). Goland Petroleum Devt. Company Oriri (OML 88) Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi.
25). Excel Exploration & Production Eremor (OML 46) Abiodun Awosika as shareholder.
26). Sahara Energy & African Oil Ltd. Tsekelewu (OML 40) Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo
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