by Shell and ENI through the Nigerian government to accounts controlled by a former Nigerian petroleum minister, Dan Etete.
The transaction was authorised in 2011 by Mr Jonathan through some of his cabinet ministers and the money was payment for OPL 245, one of Nigeria’s richest oil blocks. “It is my considered view that the licence award on the basis of a FGN Resolution Agreement is anomalous and unprecedented in the Nigerian Oil and Gas Sector.”
The expert added, however, that discretionary allocations are still allowed in “marginal fields” but these small fields cannot be compared to OPL 245, which has two oil fields estimated to hold over 500 million barrels of oil, making it one of the biggest in Nigeria. On the role of Department for Petroleum Resources, he made reference to the letter from its most senior civil servant objecting to the deal just before it was signed. The letter called the deal was “highly prejudicial to the interests of the Federal Government”, he added.
While the experts of the Nigerian Government are expected to make written and oral presentations on April 4, 2019, the presentation by the ENI experts are expected on April 10.Mr Aliyu allegedly acted as a “” for top officials of former President Goodluck Jonathan’s administration in the long-running controversy. Mr Abubakar however told the court his lawyers would need more time look into the allegations.
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