Monday 26 March 2018

Thief with Conscience .

Theophilus Danjuma  got his oil field allocation  on a platter of gold. Late Head of State  Sani Abacha awarded the Oil Prospecting License (OPL) 246 to SAPETRO in February 1988. The block covers a total area of 2,590 square kilometers .SAPETRO partnered with Total Upstream Nigeria (TUPNI) and Brasoil Oil Services Company Limited (Petrobas) to start prospecting on OPL246.  Akpo, a condensate field was discovered in April 2000 with drilling commencing in 2001. In 2006 Danjuma divested his investment in Akpo oil field to China National Offshore Oil Corporation (CNOOC) for $1Billion dollars .However, Danjuma still had some conscience left in him. He paid tax of $500million dollars to the Nigerian state and had about $500 million dollars remaining. He then released $100 million dollars to the Nigerian people in the form of foundation for social responsibility projects. Crook of old order

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