On the controversy over the ownership of OPL 245, he stated that the
government of the late General Sani Abacha awarded numerous oil blocks
inclusive of OPL 245 and OPL 246 in 1998. “In 2001, the government of President Olusegun Obasanjo revoked
Malabu’s right to OPL 245 forcing Malabu to seek justice in court. Of
note, other oil blocks, notably OPL 246 awarded by the late General Sani
Abacha was not revoked only OPL 245 owned by Malabu was revoked. In
2002, the Obasanjo government re-awarded OPL 245 to Shell after a
competitive bidding. But most interestingly, in 2006, realising the
grave injustice meted on Malabu, the same Obasanjo government that
revoked Malabu’s right to OPL 245 restored its full right of the oil
block, thereby correcting the mistake it made in 2001. While the
multinational Shell felt aggrieved and sought relief at the courts in
foreign lands as multinationals always do, the matter dragged on and was
stalemated. It was only in 2011, after about 14 years of acrimonious
litigation that the federal government of President Goodluck Jonathan
resolved finally and satisfactorily the various ownership claims of OPL
245 between all contending parties,” he explained.
According to him, up till today, the president has the discretionary
power to award oil blocks, except the still born petroleum industry bill
is passed into law and states otherwise, changes, amends or removes
this prerogative powers from the president.
He urged the National Assembly not to reopen an already determined
case, adding that between 2002 and 2003, the House of Representatives
spent millions of tax payers’ money over a period of 10 months
investigating what the Nigerian media sensationalised as the “Malabu
Scandal.”
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