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House of Reps exposes new CABAL in oil & gas sector

– 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 the Nigerian Navy collaborating with Shorefac Consortium Limited of which has strong international affiliations will lead to undue exposure of the country to foreign interference

Reps move against Navy, Shorefac Consortium Limited partnership

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 cabals, whose sole aim is to steal and divert Nigeria’s crude oil and liquefied gas to global destinations.

READ ALSO: Nigerian Senate finally admits buying bullet-proof Jeep for N62.5m (photos)

In order to check the emergence of the new cabal, the House in its resolution, 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.

READ ALSO: Senate cannot be intimidated from carrying out its constitutional duties – Saraki

“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, ZENITHBLOG.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.

ZENITHBLOG.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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