FRIENDS, PLEASE IF YOU HAVENT SEEN THIS, I WOULD LIKE YOU TO TAKE A LOOK. OCCUPY NIGERIA FACEBOOK JUST SHARED IT, FROM WIKILEAKS, I THINK IT IS VERY IMPORTANT, BECAUSE WHEN WE ARE BEATING THE HELL OUT OF JONATHAN TOMORROW, NOBODY SHOULD TALK.
US embassy cable - 04LAGOS767
SCANDAL BREWING OVER NIGERIAN FUEL IMPORTS
Identifier: 04LAGOS767
Wikileaks: View 04LAGOS767 at Wikileaks.org
Origin: Consulate Lagos
... Created: 2004-04-08 08:33:00
Classification: CONFIDENTIAL//NOFORN
Tags: EPET EINV EFIN PGOV NI
Redacted: This cable was not redacted by Wikileaks.
This record is a partial extract of the original cable. The full text of the original cable is not available.
C O N F I D E N T I A L SECTION 01 OF 02 LAGOS 000767
SIPDIS
NOFORN
E.O. 12958: DECL: 04/07/2014
TAGS: EPET, EINV, EFIN, PGOV, NI
SUBJECT: SCANDAL BREWING OVER NIGERIAN FUEL IMPORTS
Classified By: J. GREGOIRE FOR REASONS 1.5 (B), (D), AND (E).
1. (C) SUMMARY. A scandal is brewing in Nigeria over prices
paid by the government for imported fuel. International fuel
traders have been falsifying the dates of bills of lading to
reflect particularly high market prices, overcharging the
Nigerian National Petroleum Corporation (NNPC) by $300
million or more. END SUMMARY.
2. (C N/F) On April 2, Chris Finlayson, Chairman and Managing
Director of Shell Petroleum Development Corporation of
Nigeria (SPDC), told Consul General and Econoff that a
scandal is brewing within the NNPC over payments made to
international fuel marketers. Finlayson said some marketers
have been changing the dates when fuel shipments bound for
Nigeria were loaded in order to take advantage of
particularly high market prices. He said the total
overpayment by NNPC may be as high as $330 million.
Finlayson noted that Shell is not one of the marketers in
question, but is becoming a leading fuel supplier for NNPC.
3. (C N/F) On April 6, Femi Otedola, President and CEO of
Zenon Petroleum and Gas, the largest supplier of diesel fuel
in Nigeria, essentially corroborated Finlayson's report.
Otedola said over $300 million has been overpaid by NNPC for
fuel imports, and that many leading international traders are
involved. According to Otedola, NNPC contracts .... FOR MORE FOLLOW LINK
Posted: at 12-01-2012 07:21 AM (13 years ago) | Newbie |
|