Showing posts with label ANEEJ. Show all posts
Showing posts with label ANEEJ. Show all posts

Saturday, 12 September 2015

After castigating Jonathan, Buhari surreptitously engages 4 coys for Oil Swap deal: Agreement lacks transparency - ANEEJ kicks

After castigating Jonathan, Buhari surreptitously engages 4 coys for Oil Swap deal: Agreement lacks transparency - ANEEJ kicks
After openly castigating the oil swap deal initiated by Goodluck Jonathan, Muhammadu Buhari has surreptitiously re-awarded the contract to some of his favourites. The deals were designed to supply petroleum products for crude oil refining to cushion the negative impact of continued reliance on imports domestic consumption.

On grabbing power from Jonathan, Buhari immediately cancelled all offshore crude oil processing agreements and crude oil swap deals for refined petroleum products between the Nigerian National Petroleum Corporation (NNPC), and oil traders around the world.