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Tinubu has turned Nigeria to personal business, Atiku alleges
•alleges Wale Tinubu’s Oando now owns 49% of NNPC retail
•says Bamidele’s NNPC probe committee won’t be fair
Former vice president Atiku Abubakar has alleged that Nigeria is rapidly transforming into “a government of Tinubu, by Tinubu, and for Tinubu.”
In a statement by his media adviser, Paul Ibe on Wednesday, he said that the future of Nigerians has been effectively mortgaged to the president, his family, and associates.
The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election expressed the belief that even after Tinubu leaves office, it will be nearly impossible to break these shackles.
Atiku compared Tinubu’s integration of his business interests into Lagos’s public enterprises to his efforts at the federal level.
“Just as Alpha Beta, Primero, and others act as Tinubu’s proxies in Lagos, managing critical sectors and generating revenue for him and his family, he has begun to replicate this at the federal level,” Atiku said.
He expressed astonishment at the operations of the NNPC and how the government-owned oil company had put its retail arm under the control of OVH, a company in which Oando, led by Wale Tinubu, owns 49%.

Atiku regretted that his intention to privatize the NNPC and increase its transparency has been overshadowed by what he describes as the criminal hijack of the NNPC by corporate cabals around the current president.
“In October 2022, just five months before the elections, the NNPC Retail controversially announced it had acquired OVH and all its filling stations. NNPCL already had about 550 filling stations across the country but claimed it was enhancing its capacity by acquiring OVH, which had only 94 stations and 100 others leased.
“The NNPC did not disclose the purchase price of OVH or the terms of the acquisition. A Freedom of Information request by Premium Times was also rejected by the NNPC, which claimed to be a private company despite still being government-owned.
“Following this dubious deal, Mele Kyari was controversially retained as NNPC GMD despite his incompetence.
“Tinubu then appointed his former boss at Mobil, turned ally, Pius Akinyelure, as NNPC Chairman, while he himself took on the role of Minister of Petroleum.
“In a move that defies economic logic, OVH, previously owned by NNPC Retail, has now acquired NNPC Retail. This absurd situation means that Wale Tinubu’s Oando now owns 49% of NNPC Retail. Moreover, Nigeria paid Wale Tinubu a significant sum to facilitate the Tinubu family’s acquisition of the national oil company.
“This represents a clear case of illogical business transactions and abuse of office by President Tinubu, who has prevented NNPC from becoming a public liability company as stipulated by the PIA.”
Atiku acknowledged that the NNPC and its leadership are under legislative investigation but expressed skepticism about the process’s credibility due to the vested interests of those conducting the investigation.
“Senator Opeyemi Bamidele, who is heading the National Assembly panel, is a known supporter of Tinubu. He served as a commissioner under Tinubu in Lagos State and publicly calls him his godfather. Given that Tinubu is the Petroleum Minister, he should be held responsible for the sector’s issues. I doubt Bamidele will conduct a thorough investigation that might implicate his patron,” Atiku said.
The former vice president also commented on the recent revelation that the Lagos-Calabar Coastal Highway project is under litigation.
The Organized Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, reported that the coastal highway project has been taken to court and revealed a close relationship between Tinubu’s son, Seyi, and Gilbert Chagoury, who was awarded the contract without competitive bidding.
He stated:,”I had earlier claimed that the Lagos-Calabar Coastal Highway project was fraudulent, but the government denied it. Now, the matter is in court. It is also concerning that Chagoury and Tinubu have a business relationship, and their children are business partners, as revealed by the OCCRP.
“This indicates a conflict of interest. It is no surprise that the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Coastal Highway, which together will cost over $24 billion, were approved without competitive bidding. It seems that whatever Tinubu wants, he gets.”
Tribune
News
My name has been cleared, says Alison-Madueke after London Jury acquits her of corruption charges
Former Minister of Petroleum Resources, Diezani Alison-Madueke, has declared her complete vindication after being acquitted of all charges brought against her by a jury at Southwark Crown Court in London.
In a statement issued on Wednesday through her representative, Bolouere Opukiri, Alison-Madueke said the verdict marked the end of an eleven-year legal battle that had subjected her and her family to intense public scrutiny.
“Today, at Southwark Crown Court, I was acquitted of all charges brought against me,” she said.
Reflecting on the lengthy legal process, the former minister described the period as one of immense hardship and personal suffering.
“For eleven arduous years, this matter has weighed heavily upon me and my family. Today, a decade of unrelenting and unjust vilification, condemnation, and scrutiny has finally concluded,” she stated.
Alison-Madueke expressed gratitude to God, her legal team, family and friends for their support throughout the trial.

“I give thanks to Almighty God for His faithfulness and for the complete vindication I have received. I am grateful to my legal counsel for their diligence, and to my family and friends for their steadfast support and encouragement throughout this period,” she said.
The former minister said the verdict had brought a sense of relief and closure after years of legal uncertainty.
“I am profoundly relieved. My name has been cleared, and this ordeal has come to an end,” she added.
Despite the acquittal, Alison-Madueke indicated that she intends to speak further about the events of the past decade and outline her future plans.
“This, however, is not the final chapter. In due course, I shall address this difficult period in greater detail and share my intentions for the future. For now, I intend to embrace the freedom that has been unjustly denied me for many years,” she said.
The statement followed her acquittal at Southwark Crown Court, bringing to a close a legal case that had attracted significant public attention over the past eleven years.
News
London court acquits Alison-Madueke of all corruption charges
Diezani Alison-Madueke, the former Minister of Petroleum Resources, was on Wednesday acquitted by a London jury of six bribery charges, after a rare corruption trial of a high-profile former energy official.
Alison-Madueke was minister between 2010 and 2015 under then-president Goodluck Jonathan.
She stood trial charged with five counts of accepting bribes and a charge of conspiracy to commit bribery, which she denied.
Prosecutors alleged Alison-Madueke, 65, was given “a life of luxury” in London from oil and gas industry figures seeking lucrative contracts in Nigeria, which has long grappled with mismanagement and corruption.
But the former minister, who was also briefly president of the Organization of the Petroleum Exporting Countries, said she never took any bribes and had no real influence over awarding of lucrative government contracts.
After a trial at London’s Southwark Crown Court, Alison-Madueke was acquitted by a jury of all six charges she faced after more than 46 hours of deliberation.

The not guilty verdicts are a major blow to British authorities, which began their investigation into corruption allegations against Alison-Madueke more than a decade ago.
Alison-Madueke stood trial alongside oil industry executive Olatimbo Ayinde, 54, who was charged with one count of bribery relating to Alison-Madueke and a separate count of bribery of a foreign public official.
Alison-Madueke’s brother Doye Agama, 69, was charged with conspiracy to commit bribery with his sister relating to payments made to Agama’s church.
Both Ayinde and Agama denied the charges against them and were also acquitted by the jury. (Reuters)
News
Court martial: 12 soldiers face trial over alleged murder, other criminal offences
The Commander, 4 Special Forces Command, Nigerian Army, Doma, Maj.-Gen. Olurotimi Awolo, has inaugurated a General Court Martial (GCM) to try 12 soldiers accused of various offences, including alleged murder, assault and aiding criminality.
Speaking during the inauguration on Tuesday in Doma, the Commander, represented by the President of the General Court Martial, Col. Salihu Ibrahim, said the convening order was issued pursuant to powers conferred on him by Section 131(2)(d) of the Armed Forces Act, Cap A20, Laws of the Federation of Nigeria, 2004.
He said the court was constituted to hear the cases of all accused personnel and determine each matter strictly on its merit.
“The court will be guided throughout the trial by the principles of natural justice as enshrined in the Constitution of the Federal Republic of Nigeria, 1999 (as amended).
“We are also mindful of the cardinal principle of criminal justice that every accused person is presumed innocent until proven guilty.
“Where the prosecution fails to establish any allegation beyond reasonable doubt, the court will discharge and acquit the accused person.

“Conversely, where an accused person is found guilty, the law will take its course in accordance with the provisions governing such offences,” he said.
He assured all parties of the court’s commitment to fairness, justice and professionalism, urging prosecution and defence counsels to avoid unnecessary delays and frivolous adjournments.
The court president maintained that speedy disposal of the cases would serve the interest of justice and ensure confidence in the military justice system.
However, trial could not commence immediately after the inauguration as six of the accused persons present in court were declared medically unfit to stand trial.
The court’s Medical Orderly, Sgt. Audu Ahmadu, informed the panel that five of the six accused persons had elevated blood pressure levels.
Following the development, the prosecutor, Capt. Shamsondeen Sadiq, urged the medical orderly to ensure that the affected personnel received adequate medical attention to enable the trial to commence.
The President of the court subsequently adjourned proceedings to a later date, which would be communicated to all parties.
Speaking with newsmen after the inaugural sitting, Barr. George Illah, counsel to one of the accused persons, commended the Command for constituting the court martial.
He expressed confidence in the competence of the panel, noting that the president of the court, other members and the Judge Advocate were qualified to discharge their responsibilities.
“As a defence counsel, I will do my best to ensure that the soldiers standing trial before this honourable court martial get the justice they deserve.
“It is important for people to understand that military personnel standing trial before a court martial are entitled to all constitutional and legal rights guaranteed under the law, and we will ensure that those rights are protected,” he said.
The News Agency of Nigeria (NAN) reports that members of the General Court Martial include Col. A.A. Buhari, Lt.-Col. Victor Yamu, Lt.-Col. A.K. Karma and Lt.-Col. S. Abdullahi.
Others are Maj. J.M. Usendeng, Maj. A.D. Ahmed, Maj. U. Ahmed, Maj. S.L. Sagu, while Capt. U. Nna serves as Judge Advocate. (NAN)
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