Allegedly

Alleged Oil Monopoly and Corruption in Nigeria: Tinubu’s Controversial Practices

Published

4 months ago

July 30, 2024

Photo source: Google

A recent report by Anonymous NG on X has unveiled alarming allegations concerning Nigeria’s oil sector, suggesting a troubling pattern of corruption and financial exploitation involving high-profile figures.

Here’s a detailed look into the claims and their potential implications.

Nigeria’s oil industry is a complex system involving several stages

Extraction: Oil is drilled from the ground by various companies.

Processing: Crude oil is sent abroad for refining into finished products.

Transportation: Refined oil is moved to storage, blending facilities, and ports.

Export: At the port, oil is loaded onto tankers and shipped to Nigeria and other destinations.

Sale: In Nigeria, oil is sold at prices set by importers, often subsidized by the government to keep costs down for consumers.

According to Anonymous NG, a significant shift has occurred in Nigeria’s oil sector.

Oando PLC, a major oil company, has reportedly acquired Nigerian Agip Oil Company.

This move places the Tinubu family in control of vast oil reserves and production facilities across the country.

The report alleges a controversial strategy involving the Tinubu family

Refining and Exporting: Instead of investing in local refining, they are purportedly using a Maltese refinery to process Nigerian oil.

This setup allows them to exploit resources while masking their activities through international operations.

Buy-Back and Resale: The refined oil is allegedly sold back to Nigeria at higher prices, with subsidies officially removed but secretly continued.

Subsidy Exploitation: Claims suggest that despite the removal of fuel subsidies, payments continue secretly, benefiting the Tinubu family.

These allegations suggest several potential issues:

Rising Prices: Prices for petroleum products in Nigeria may continue to soar due to monopolistic practices.

Stifling Competition: The report indicates efforts to undermine new competitors like the Dangote refinery, aiming to maintain market control.

Long-Term Effects: Even after leaving office, Tinubu’s alleged influence could perpetuate a system of financial exploitation and corruption.

The allegations from Anonymous NG reveal a deeply troubling scenario in Nigeria’s oil sector.

If verified, these claims could have severe consequences for Nigeria’s economy and governance.

Independent investigations are essential to confirm these allegations and address any potential issues.

As developments unfold, the Nigerian public and international observers will be keenly watching the response from government authorities and the impact on the nation’s future.

Allegedly

Nigerian Singer Speed Darlington Sparks Rumors Regarding Davido, Fans React

Published

2 days ago

November 20, 2024

Ese Ohwofa

Speed Darlington sparks rumor that stirs up fans of Davido, the singer claims Davido is looking for another Igbo wife to claim as his second wife. In a video where Speed Darlington was showing off his new hair he shared this false rumor, fans react and argue in the comment section.

A Davido fan coomented “Speed Darlington if strong hand never touch u, ur mouth no go stay one place Leave my best couples Davido and @Chefchi alone oo”.

While another user commented “Speed Darlington no sabi lie as 30BG already know Lol, we suppose Chioma assurance is in the mud”.

Allegedly

Jin of BTS Allegedly Teams Up with Director Ryu Ho-jin for New Show “Hall of Fame”

Published

4 weeks ago

October 24, 2024

Gift Ogieva

Photo source: Google

Recent reports have revealed that Jin, the eldest member of the globally adored group BTS, is gearing up for an exciting collaboration with renowned TVN director Ryu Ho-jin.

Sources indicate that Jin has officially agreed to make a guest appearance in Ryu’s upcoming drama, titled “Hall of Fame.”

Also, Ryu Ho-jin, celebrated for his successful work on “Accidental Boss,” is currently busy assembling an outstanding cast for this new project.

The show, after all, is an outdoor variety program, aimed to explore diverse locations and cultures across South Korea.

It’s designed to engage viewers through a series of day trips that feature quizzes on Korean culture and fun missions, also brilliantly blending entertainment with education.

Having completed his military service in June, Jin is eager to dive back into the entertainment scene.

He recently made a memorable guest appearance on MBC’s “It’s Good to Be Well Rested,” where he showcased his vibrant personality.

Additionally, he has launched his series called “Run Jin,” where he shares his signature sense of humour.

Jin has also finished filming for the upcoming Netflix series “Kian’s Bizarre B&B,” which is set to be released next year.

His knack for merging humour with relatable content has helped him build a loyal fan base.

On top of his TV ventures, Jin is preparing to mark a significant milestone in his musical career.

Fans are eagerly anticipating the release of his first full-length solo album, titled “Happy,” on November 15.

This upcoming music project represents an important step forward in his artistic journey.

Allegedly

Chris Hemsworth Rumored to Play Prince Charming in Disney Live-Action

Published

4 weeks ago

October 24, 2024

Ese Ohwofa

Australian Actor, Chris Hemsworth is rumoured to take on a role of prince charming in Disney live action film. Some might be relating the live action movie to be Cinderella as prince charming is famously related to it. Although there are many versions of Cinderella we cannot tell exactly how this story will go.

Chris has expresses discovering and playing new roles outside of his popular superhero roles. Chris has been expanding his roles acting in variety films and this new role will soon be included. Disney has not released what the new live action might be and Chris Hemsworth involvement has not been confirmed.