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Back to History: Read IBB’s Full Speech Annulling June 12

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Today marks 25th anniversary of what has been termed the freest and fairest election in Nigerian history. Nigerians were said to have voted massively in an election that would have seen late MKO Abiola emerge as winner, until it was annulled by General Ibrahim Babangida (then Military Head of State).

SEE BABANGIDA’S FULL TEXT BELOW

Fellow Nigerians, I address you today with a deep sense of world history and particularly of the history of our great country. In the aftermath of the recently annulled presidential election, I feel, as I believe you yourself feel, a profound sense of disappointment at the outcome of our last efforts at laying the foundation of a viable democratic system of government in Nigeria.

I therefore wish, on behalf of myself and members of the National Defence and Security Council and indeed of my entire administration, to feel with my fellow countrymen and women for the cancellation of the election. It was a rather disappointing experience in the course of carrying through the last election of the transition to civil rule programme. Nigeria has come a long way since this administration assumed power and leadership about eight years ago. In the attempt to grapple with the critical and monumental problems and challenges of national existence and social progress, this administration inaugurated and pursued sound and justifiable policies and programmes of reform. These policies and programmes have touched virtually all aspects of our national life – the economy, political process, social structures, external relations, bureaucracy and even the family system.

I believe strongly that in understanding, conception, formulation and articulation, these policies and programmes are not only sound but also comparatively unassailable. I believe too that history, with the passage of time, would certainly score the administration high in its governance of our country. Let me also express my deep conviction that the core strategy and structures of our reform policies and programmes, as enunciated in 1986/87, would, for a very long time, remain relevant and durable in the course of changing our country positively. I believe that at the exit of the administration from power, we would leave behind for prosperity a country with an economy, the structures of which have been turned around for good. The average Nigerian person has come to reconcile himself with the fact that his or her social progress remains essentially in his or her hands in collaboration with other fellow Nigerians and not merely relying on what government alone could provide for him or her. The days are gone for good, when men and women trooped to government establishments for employment and for benevolence.

This administration has built the foundation that would take Nigerians away from their previous colonially-induced motivations and the encumbrances of colonialism. We have laid the foundation for self-reliant economic development and social justice. We have established a new basis in our country in which economic liberalization would continue to flourish alongside democratic forces and deregulated power structure. In all these, the average Nigerian person has more than ever before this administration imbibed and assimilated the values of hard work, resilience and self-confidence. It is true that in the course of implementing our reform policies and programmes and especially because of the visionary zeal with which we approached the assignment and responded to incidental pressures of governance, we engendered a number of social forces in the country. This is so because we sought to challenge and transform extant social forces which had in the past impeded growth and development of our country.

We also sought to deal with the new forces to which our programmes of action gave rise. Thus in dealing with the dynamics of both the old and new social forces, we ran into certain difficulties. In particular, during the course of handling the interlocking relationships between the old and new political forces and institutions, some problems had arisen leading us into a number of difficulties and thereby necessitating our having to tamper with the rules and regulations laid down in the political programme. As a result, the administration unwittingly attracted enormous public suspicions of its intentions and objectives.

Accordingly, we have experienced certain shortfalls and conflicting responses to the pulls and pushes of governance in the course of policy implementation. I believe that areas of difficulties with the transition programme, especially from the last quarter of 1992 to the recent cancelled presidential election, derived primarily from the shortfalls in implementing the programmes of actions which, though objectively taken, may have caused a deviation from the original framework and structure of the programme.

Fellow Nigerians, it is true that by the cancelled presidential election, we all found the nation at a peculiar bar of history which was neither bargained for, nor was it envisaged in the reform programmes of transition as enunciated in 1986/87. In the circumstance, the administration had no option than to respond appropriately to the unfortunate experience of terminating the presidential election. Our actions are in full conformity with the original objectives of the transition to civil programme. It was also in conformity with the avowed commitment of the administration to advance the cause of national unity, stability, and democracy. In annulling the presidential election, this administration was keenly aware of its promise in November 1992 that it would disengage and institute a return to democracy on August 27, 1993.

We are determined to keep the promise. Since this transition, and indeed any transition, must have an end, I believe that our transition programme should and must come to an end, honestly and honourably. History will bear witness that as an administration we have always striven, in all our policy decisions, to build the foundation of lasting democracy. Lasting democracy is not a temporary show of excitement and manipulation by an over-articulate section of the elite and its captive audience; lasting democracy is a permanent diet to nurture the soul of the whole nation and the political process. Therefore, it is logical, as we have always insisted upon, that lasting democracy must be equated with political stability. Informed by our sad experience of history, we require nothing short of a foundation for lasting democracy.

As an administration, we cannot afford to leave Nigerian into a Third Republic with epileptic convulsions in its democratic health. Nigeria must therefore confront her own reality; she must solve her problems notwithstanding other existing models of democracy in other parts of the world. In my address to the nation in October 1992, when the first presidential primaries were cancelled, I had cause to remind our country men and women that there is nowhere in the world in which the practice of democracy is the same, even if the principles are similar and even for countries sharing the same intellectual tradition and cultural foundation. The history of our country is not the history of any other country in the world which is either practising advanced democracy or struggling to lay the foundation for democracy.

Yet, in spite of the uniqueness and peculiarities of Nigeria, there are certain prerequisites which constitute an irreducible minimum for democracy. Such essential factors include: A. Free and fair elections; B. Uncoerced expression of voters preference in election; C. Respect for electorate as unfettered final arbiter on elections; D. Decorum and fairness on the part of the electoral umpires; E. Absolute respect for the rule of law. Fellow Nigerians, you would recall that it was precisely because the presidential primaries of last year did not meet the basic requirements of free and fair election that the Armed Forces Ruling Council had good reason to cancel those primaries. The recently annulled presidential election was similarly afflicted by these problems. Even before the presidential election, and indeed at the party conventions, we had full knowledge of the bad signals pertaining to the enormous breach of the rules and regulations of democratic elections.

But because we were determined to keep faith with the deadline of 27th August, 1993 for the return to civil rule, we overlooked the reported breaches. Unfortunately, these breaches continued into the presidential election of June 12, 1993, on an even greater proportion. There were allegations of irregularities and other acts of bad conduct leveled against the presidential candidates but NEC went ahead and cleared them. There were proofs as well as documented evidence of widespread use of money during the party primaries as well as the presidential election. These were the same bad conduct for which the party presidential primaries of 1992 were cancelled. Evidence available to government put the total amount of money spent by the presidential candidates at over two billion, one hundred million naira (N2.1 billion). The use of money was again the major source of undermining the electoral process. Both these allegations and evidence were known to the National Defence and Security Council before the holding of the June 12, 1993 election, the National Defence and Security Council overlooked these areas of problems in its determination to fulfill the promise to hand over to an elected president on due date.

Apart from the tremendous negative use of money during the party primaries and presidential election, there were moral issues which were also overlooked by the Defence and National Security Council. There were cases of documented and confirmed conflict of interest between the government and both presidential candidates which would compromise their positions and responsibilities were they to become president. We believe that politics and government are not ends in themselves. Rather, service and effective amelioration of the condition of our people must remain the true purpose of politics. It is true that the presidential election was generally seen to be free, fair and peaceful.

However, there was in fact a huge array of electoral malpractices virtually in all the states of the federation before the actual voting began. There were authenticated reports of the electoral malpractices against party agents, officials of the National Electoral Commission and also some members of the electorate. If all of these were clear violations of the electoral law, there were proofs of manipulations through offer and acceptance of money and other forms of inducement against officials of the National Electoral Commission and members of the electorate. There were also evidence of conflict in the process of authentication and clearance of credentials of the presidential candidates.

Indeed, up to the last few hours of the election, we continued, in our earnest steadfastness with our transition deadline, to overlook vital facts. For example, following the Council’s deliberation which followed the court injunction suspending the election, majority of members of the National Defence and Security Council supported postponement of the election by one week. This was to allow NEC enough time to reach all the voters, especially in the rural areas, about the postponement. But persuaded by NEC that it was capable of relaying the information to the entire electorate within the few hours left before the election, the Council, unfortunately, dropped the idea of shifting the voting day. Now, we know better. The conduct of the election, the behaviour of the candidates and post-election responses continued to elicit signals which the nation can only ignore at its peril.

It is against the foregoing background that the administration became highly concerned when these political conflicts and breaches were carried to the court. It must be acknowledged that the performance of the judiciary on this occasion was less than satisfactory. The judiciary has been the bastion of the hopes and liberties of our citizens. Therefore, when it became clear that the courts had become intimidated and subjected to the manipulation of the political process, and vested interests, then the entire political system was in clear dangers. This administration could not continue to watch the various high courts carry on their long drawn out processes and contradictory decisions while the nation slides into chaos. It was under this circumstance that the National Defence and Security Council decided that it is in the supreme interest of law and order, political stability and peace that the presidential election be annulled.

As an administration, we have had special interest and concern not only for the immediate needs of our society, but also in laying the foundation for generations to come. To continue action on the basis of the June 12, 1993 election, and to proclaim and swear in a president who encouraged a campaign of divide and rule among our ethnic groups would have been detrimental to the survival of the Third Republic. Our need is for peace, stability and continuity of politics in the interest of all our people. Fellow countrymen and women, although the National Electoral Commission and the Centre for Democratic Studies officially invited foreign observers for the presidential election, the administration also considered it, as important as a democratic society, that our activities and electoral conduct must be open not only to the citizenry of our country but also to the rest of the world.

In spite of this commitment, the administration did not and cannot accept that foreign countries should interfere in our internal affairs and undermine our sovereignty. The presidential election was not an exercise imposed on Nigerians by the United Nations or by the wishes of some global policemen of democracy. It was a decision embarked upon independently by the government of our country and for the interest of our country. This is because we believe, just like other countries, that democracy and democratization are primary values which Nigerians should cultivate, sustain and consolidate so as to enhance freedom, liberties and social development of the citizenry. The actions of these foreign countries are most unfortunate and highly regrettable. There is nowhere in the history of our country or indeed of the third world where these countries can be said to love Nigeria or Nigerians any more than the love we have for ourselves and for our country. Neither can they claim to love Nigeria any more than this administration loves our country.

Accordingly, I wish to state that this administration will take necessary action against any interest groups that seek to interfere in our internal affairs. In this vein, I wish to place on record the appreciation of this administration for the patience and understanding of Nigerians, the French, the Germans, the Russians and Irish governments in the current situation. I appeal to our fellow countrymen and women and indeed our foreign detractors that they should cultivate proper understanding and appreciation of the peculiar historic circumstances in the development of our country and the determination not only of this administration but indeed of all Nigerians to resolve the current crises. Fellow Nigerians, the National Security and Defence Council has met several times since the June 12, 1993 election.

The council has fully deliberated not only on our avowed commitment but also to bequeathing to posterity a sound economic and political base in our country and we shall do so with honour. In our deliberations, we have also taken note of several extensive consultations with other members of this administration, with officers and men of the Armed Forces and with well-meaning Nigerian leaders of thought. We are committed to handing over power on 27th August, 1993.

Accordingly, the National Defence and Security Council has decided that, by the end of July 1993, the two political parties, under the supervision of a recomposed National Electoral Commission, will put in place the necessary process for the emergence of two presidential candidates. This shall be conducted according to the rules and regulations governing the election of the president of the country. In this connection, government will, in consultation with the two political parties and National Electoral Commission, agree as to the best and quickest process of conducting the election. In the light of our recent experience and, given the mood of the nation, the National Defence and Security Council has imposed additional conditions as a way of widening and deepening the base of electing the president and sanitizing the electoral process.

Accordingly, the candidates for the coming election must: (1) Not be less than 50 years old; (2) Have not been convicted of any crime; (3) Believe, by act of faith and practice, in the corporate existence of Nigeria; (4) Possess records of personal, corporate and business interests which do not conflict with national interests; (5) Have been registered members of either of the two political parties for at least one year to this election. All those previously banned from participating in the transition process, other than those with criminal records, are hereby unbanned. They can all henceforth participate in the electoral process. This is with a view to enriching the quality of candidature for the election and at the same time tap the leadership resources of our country to the fullest. The decree to this effect will be promulgated.

Fellow Nigerians, I wish to finally acknowledge the tremendous value of your patience and understanding, especially in the face of national provocation. I urge you to keep faith with the commitment of this administration. I enjoin you to keep faith with the unity, peace and stability of our country for this is the only country that you and I can call our own. Nowhere in the world, no matter the prompting and inducements of foreign countries, can Nigerians ever be regarded as first class citizens. Nigeria is the only country that we have. We must therefore renew our hope in Nigeria, and faith and confidence in ourselves for continued growth, development and progress

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Diezani Alison-Madueke: Long Walk to Freedom

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The emergence of General Muhammadu Buhari as President of Nigeria in 2015 brought with it barefaced persecution of most public office holders in the just ousted President Goodluck Jonathan administration. Among the biggest recipients of both persecution and prosecution from the Buhari administration was the immediate past Minister of Petroleum Resources, one of the most powerful women in the world at her time, Mrs. Diezani Alison-Madueke.

The former Petroleum Minister considered herself a lone scapegoat of the Goodluck Jonathan administration, as she was singled out for persecution because of her closeness to former President Jonathan.

For 11 long years, Alison-Madueke became a candidate of media klieglight for all the wrong reasons, tried and found guilty many times in the media space by the security operatives, especially the Economic and Financial Crimes Commission (EFCC).

Nigeria’s former oil minister Diezani Alison-Madueke leaves Westminster Magistrates Court in London, Britain, October 02, 2023. REUTERS/ Belinda Jiao

For 11 long years since 2015, Diezani remained on the radar of the EFCC with claims of financial misappropriations which were never proven till the June 2026 United Kingdom court judgment, which exonerated her of all corruption charges and wrongdoings, and subsequently discharged and acquitted her.

After a trial at London’s Southwark ‌Crown ⁠Court, Alison-Madueke was acquitted by a jury of all six charges she faced after more than 46 hours of deliberation.
The not guilty verdicts are a major blow to British authorities, which began their ​investigation into corruption ​allegations against Alison-Madueke ⁠more than a decade ago.

Though the Nigerian authorities maintain that her acquittal with the British does not entail automatic freedom from the Nigerian legal system, the hitherto embattled former Minister has taken a breath of relief after an 11 years traumatic experience, acknowledging divine intervention.

“I’m just thankful to God, it’s been arduous, almost 11 years. It’s been traumatic not just for me but for my family, friends, my 93-year-old mother in Port Harcourt and for my son.

“It has been a hard journey, but I tell you this, God will always do as He will. God will be God and God is not a man that He should lie; when He promises you something, He will see it through.

“For almost 11 years I have been here. I did my job to the best of my ability,” she said in appreciation.

 

Her long long walk to freedom took 11 harrowing years in which she faced rejection, condemnation, seizure of personal property and technical denial of entry into her fatherland. But hope, like an enduring talisman beckoned when she got her much expected reprieve through the UK court.

Among the many takeaways of Diezani’s acquittal is the position of The Boss Newspaper via its Publisher, Chief Dele Momodu’s interview with the former Minister in November, 2015. An interview that raised dust across the world, with many doubting its veracity, and others condemning the Publisher.

According to legal documents signed by Chief Mike Ozekhome, and obtained by The Boss, the legal team of the former Minister believe that the actions of the EFCC and AGF among others in her persecution are solely based on rubbishing the hard earned integrity of their client, hence the need to call a spade a spade, and put the situation into perspective.

The legal team insisted that the acts of her persecutors were geared towards destroying her hard-earned reputation and all that she has laboured for over the years. The acts, they continued, were ‘clearly accentuated by malice aforethought and bad faith, without any justification whatsoever’. Diezani had therefore, sued the EFCC in a bid to fight back.

In 2019, four years after the end of her administration, and her eventual departure to the United Kingdom, where she was seeking asylum and facing another round of litigation, reactions trailed the judgment of the High Court sitting in Lagos which ordered the total and permanent forfeiture of jewelry allegedly valued at $40 million, and belonging to a former Minister of Petroleum.

In his ruling, Justice Nicholas Oweibo held that Diezani, through her lawyer, Awa Kalu (SAN), failed to show cause why the items should not be permanently forfeited to the Federal Government.

But expressing utter disbelief in the justice system that gave judgment to the EFCC, a close family source of the Alison-Maduekes who did not wish to be named, told The Boss that it was unheard of that a case that was not in any way established or proved could be awarded the way it was done to the applicant, asking “where has it been established that she stole public funds to buy jewelry?”

The source noted that the Maduekes are not the run-off-the-mill family, and had been in many lucrative jobs before she became a minister, and as a result can afford to buy her jewelry and any other item. He noted that there is no minister who does not have other jobs they do to complement their income, wondering why Diezani’s case turned different.

“Lest we forget, this is a woman that is almost 60 years, who has been working as a high calibre professional at senior positions in the private sector for many years becoming minister. Are we saying that she could not have owned jewelry before becoming minister,” the source wondered.

Further expressing displeasure at the ‘miscarriage of justice’, the source alleged that “they broke into her home without a search warrant, and with no one present”, stressing that the former minister was not even served through her lawyer, and ‘nobody knows how the value of the seized items jumped from the initial two million to 40 million’.

The source queried as follows: “how do we know that the jewelry in question are all hers, especially as she had not been able to verify that what is being bandied even belong to her.”

Faulting the anti-graft agency’s allegation that the items in question were beyond Diezani’s legitimate earnings, the source lamented that “no matter how anyone looks at this, it is a clear case of miscarriage of justice’.

In 2023, eight years into her media trial and general condemnation, Diezani Alison-Madueke, while acknowledging that every human being makes mistakes, emphatically stated that one error that can never be ascribed to her is stealing. She echoed The Boss publication of 2015, where she insisted that she didn’t steal Nigeria’s money.

Accusing the Economic and Financial Crimes Commission (EFCC) of taking advantage of her silence, the ex-minister said she was prepared to face trial as long as due process is taken into consideration.

The commission has leveled many corruption allegations against her, but Alison-Madueke waved them aside, challenging the agency to provide “incontrovertible” evidence.

“I have up till now chosen to maintain my silence and not to respond to inaccurate press reporting. However, given the level of deliberate inaccuracies, I am now forced to respond because it is clear that the EFCC is taking advantage of my silence to try me by media and to convict me in the eyes of the public,” she said in a statement.

She described the anti-graft war of the current administration as a witch hunt, saying most of its targets have not been given a right to fair hearing.

A Federal High Court in Lagos had also ordered that a certain $153 million, which she allegedly lodged in three banks, be temporarily forfeited to the federal government, but the ex-minister denied ownership of such amount of money, saying: “I wish to state that I cannot forfeit what was never mine.”

Alison-Madueke also denied ownership of a N5.7bn mansion located on Margaret Thatcher Close, Asokoro, Abuja, which the EFCC seized in June.

In a report by Al Jazeera, the commission noted that the items in the house included jewellery, furniture and a bulletproof gymnasium worth about $2m.

But accusing the EFCC of misleading the public, the former minister took a swipe at Ibrahim Magu, acting chairman of the agency, for “personally taking taking” an Al Jazeera reporter to the house, which she claimed belong to Kola Aluko, a billionaire businessman, who is one of her allies.

HER STATEMENT IN FULL:

I have up till now chosen to maintain my silence and not to respond to inaccurate press reporting. However, given the level of deliberate inaccuracies, I am now forced to respond because it is clear that the EFCC is taking advantage of my silence to try me by media and to convict me in the eyes of the public.

$153.3MILLION ALLEGATION

I am deeply disturbed and bewildered by recent media reports claiming that by virtue of an order of the federal high court, I have forfeited to the federal government, the sum of $153.3m which I purportedly stole from the Nigerian National Petroleum Corporation, NNPC.

First and foremost, whilst the reasons for my being out of the country are public knowledge, the principle of fair hearing demands that I should have been notified of formal charges if truly there was a prima facie evidence or indictment against my person linking me with the said issue, so as to ensure that I had adequate legal representation.

This was never done. I wish to state that I cannot forfeit what was never mine. I do not know the basis on which the EFCC have chosen to say that I am the owner of these funds as no evidence was provided to me before the order was obtained and they have not in fact served me with the order or, any evidence since they obtained it.

As of the time of my writing this rebuttal, the EFCC have still not furnished me or my Lawyers, with a copy of the order. I am also informed by my lawyers that the legislation under which the EFCC obtained this order is for situations where the funds are believed to be the proceeds of crime and the owner is not known. I do not therefore, understand how the EFCC can in the same breath say that the monies in question are mine.

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If they had evidence that the monies were mine then they would not /should not, have used the procedure which applies only to funds of unknown ownership. If indeed they used this particular legal procedure because they did not know who owned the monies, then how can they now be falsely attributing the ownership to me.

Let me re-state categorically as I have always maintained, for the record, I have NOT and WILL NEVER Steal Money from OR DEFRAUD the Federal Government of Nigeria. I am willing to respond to any charges brought against me that follow duly laid down procedures.

However, in their typical manner and style, the EFCC have gone to the media to attempt to prosecute their case as trial by TV and other media, rather than go through the onerous but tried and tested means of the Judicial Court process. In the face of the obvious falsification of facts and misinformation, it is only right and proper that the EFCC should publish the details of the $153.3M lodgements, the bank account numbers and the account beneficiaries, showing proof of my link to them. Having also alleged that the said $153.3M was ‘wired’ from NNPC, the EFCC should also publish details of the NNPC accounts from where the said $153.3 million was taken from, with proof that I authorized such a transaction/transactions acting either in my private capacity or, as The Honourable Minister of Petroleum. Let me state for the record that as Minister of Petroleum, the operation and management of NNPC finances were outside my purview as outlined in both the Petroleum Act and the NNPC Act. The only involvement I had in NNPC Finances was in terms of statutory matters, where the Petroleum Act prescribed that as Minister, there were certain duties or actions which I had to perform or take in relation to NNPC.

MALABU

With regards to the various news reports published in both the online and print media, insidiously inferring that I was indicted by Italian prosecutors for, as they put it, ‘ sharing in the Loot’ of the $1.3bn OPL 245 oil block deal that involved Malabu and the Joint Venture Multinational partners, ENI(AGIP) and Royal Dutch Shell. Let me once again State for the record, that this is another figment of the author’s imagination, which given the persistent bid to ensure my destruction and stick all of the Sins of the Corruption plagued Oil and Gas Sector of over the last 30years upon my head, probably emanated from the EFCC itself! Let me clarify the position re the history of OPL 245, otherwise known as Malabu. You will find a full chronology in the attached report that I made to the House of Representatives in late 2011 (Annex 2A/Annex-2B). In 2010, shortly after I was appointed as Minister of Petroleum Resources, the issue of OPL 245 was brought to my attention. I looked into the case and immediately became aware of the inherent and long standing sensitivities around this issue. It became clear from the onset that this case was not within the direct purview of the Minister of Petroleum Resources but in the main was centered around issues of Law. By this time there was already an ICSID(International Centre for Settlement of Investment Disputes) investigation and claims against the FGN running into billions of dollars. Therefore, we took directives from the Chief Legal Officer of the Nation; the Attorney General and Minister of Justice. In all of these matters due process was followed to the letter at all times. I wish to categorically state that I have never held any discussions on this matter, with any individuals or entities outside of official channels. As Minister of Petroleum Resources, I did not participate in any activity relating to financial payments on the Malabu matter, other than those statutorily mandated to the Minister of Petroleum Resources by the Petroleum Act. My role in this matter was a purely statutory one as required by Law in the Petroleum Act 3.

THE ALJAZEERA REPORT – $18MILLION MANSION

On the 13th of June 2016, the EFCC once again took their well-trodden path to the media. This time claiming that they had ‘discovered’ a mansion in Asokoro, Abuja, worth $18million (approx. N9billion) which they purported to belong to me. The EFCC went to the extent of bringing in Aljazeera, an International TV Station, to air a damaging documentary against me in this regard, showing a particular residential building in Asokoro, Abuja, which they told Aljazeera belonged to me.

The EFCC Chairman Ibrahim Magu, personally took the Aljazeera reporter to the building, alleging that it belonged to me. It has since become apparent that the house belongs to a company owned by Mr Kola Aluko. If this is not a witch hunt or a personal vendetta against me, how is it that one of our Country’s premier investigative agencies were unable to avail themselves of facts that are freely available in the public domain. Since the EFCC claims that the alleged $18million Asokoro property belongs to me, then they should kindly produce the ‘Authentic’ Certificate of Occupancy and Land Registry information and any other relevant information, as proof of my ownership of the property.

FAMILY HOME – YENEGOA, BAYELSA STATE

On the 9th November 2016, the EFCC visited our Family home in Yenegoa (Bayelsa State) as pre-agreed and they were escorted around the premises. I was therefore completely shocked to once again see my name sensationally splashed across the Front Pages of Newspapers and widely circulated on the internet, with blaring Headlines such as “EFCC UNCOVERS DIEZANI’S MULTI-BILLION NAIRA ESTATE”

There was absolutely nothing ‘Hidden’ or ‘Concealed’ about the home. I HAD DECLARED IT OPENLY as required by Law, in my Asset declaration forms (Annex-4B). Yet the EFCC have announced that they ‘Just Discovered’ my ‘Hidden Estate’! And labelled it a ‘Multi-Billion Naira Estate’! Even though they had been given the Bill of Quantities, showing actual amount spent. It is accepted Tradition across the length and breadth of Nigeria, for people to own country/village homes.

Given the size of the land and the location of the compound, the buildings thereon cannot by any stretch of the imagination be a “Multi-Billion Naira” palatial estate, as the news mongers would want to portray. The EFCC were taken on a tour of the compound which consisted of A Main house, and two outhouses – An Obi (meeting bungalow) and a staff quarters(BQ) building – above which we built 3 guest rooms and a parlour. The only other 2 structures are the gate and generator houses. Construction began in late 2011 and was handled in phases. During the visit the EFCC was given the bill of quantities, which up until the time construction stopped in early 2015, due to my illness, was at approximately N394million which was declared in the code of conduct documentation, attached (the costs were partially funded by a loan – see code of conduct – Annex4B, the work is still uncompleted and the contractor is still being owed).

Building costs escalated as a result of delays in construction and external factors such as the extreme flooding of late 2012, that covered most of our areas in the Niger Delta. Due to the topography of the land and the heavily waterlogged and marshy terrain, construction is infinitely more expensive than in other parts of the Country, as by its nature it requires the building of extensive piling/raft foundations before any structural work can commence. The flooding of 2012 compounded the problem and further increased the cost of construction.

$700 Million Cash Found In My House

Stories were circulated by unscrupulous agents of calumny that the EFCC found a mind boggling $700million in cash in my home in Abuja. Would the videos of this $700 million cash discovery not have made good viewing? Or should those who recovered this money not tell the public where exactly the money has been kept? Perhaps the Central bank should corroborate that it is in custody of these monies allegedly found in my house? But then, it is now patently apparent that Nigerians are no longer easily led to believe fables and sensational untruths.

THE MISSING $20 BILLION

In late 2013, NNPC was accused by the then CBN governor, of misappropriating first $49.8billion, then it changed to $12billion and finally it was said to be $20billion. And in the twinkling of an eye that accusation was turned around and directed at me, personally. I was accused of stealing/misappropriating the unfathomable amount of $20 billion. In a CNN TV Interview in March 2015, the former CBN Governor stated that “there was this gap of $20 billion after reconciliation between what NNPC exported and what it repatriated to the federation account and I raised a number of issues that I think have not yet been discussed and addressed sufficiently.

One of them is billions of dollars being paid in kerosene subsidy without appropriation by the National Assembly and against a presidential order and we don’t know who authorised these payments yet. Nobody has owned up to say I authorised these payments, I made a mistake, it will stop…”.

He, went on to say that…. “…It could be $20 billion at the end of the day, after reconciliation they could account for 10 or 12…”. So, as he pointed out, there was indeed a reconciliation that at first stage had begun to close the purported gap. He also referred to the non-appropriation of kerosene subsidy by the National Assembly. This was an issue for which I had tried to engender a resolution and for which I was still seeking a lasting solution to, at the time the CBN Governor raised these issues (Annex-2A). He had stated severally that a large portion of the $20billion was constituted of illegal approvals for Subsidy payments that I had given and that the late President Yar’adua had directed that the said subsidy payments should be stopped and that I did not comply with President Yar’adua’s directive. I have said it before but let me say it again. President Yar’adua’s directives were made in a presidential memo dated June 10, 2009, to the late Petroleum Minister, Rilwanu Lukman, not to me. I was not the Minister of Petroleum Resources at that time. My tenure as Petroleum Minister began in April, 2010. Those directives were not complied with by Rilwanu Lukman, not Diezani Alison-Madueke. I made several attempts when we came into office in April 2010, to get to the real truth of the matter. Even before we came in the GMD who served under Rilwanu Lukman, Alhaji Barkindo, who is today the Secretary General of OPEC, had written to the then Minister of Finance, Alhaji Muhktar, to enquire for clarity on the matter, to no avail.

Finally, I had to write to President Jonathan to get to the truth of the matter. President Jonathan pointed out that although he and President Yar’adua had wanted to cancel the entire issue of subsidies, the unions had objected and therefore the payment of subsidy had never been stopped. He directed that in the meantime we continue the payments but with the proviso that we prepare for complete deregulation as soon as possible(Annex-2C), which I of course moved to implement on Jan 1st, 2012. Today, we all know that the PWC report that was published cleared me of any wrong doing and no one up till now has been able to controvert the PWC report, nor has anyone been able to show that the $20 billion is actually, or was ever, missing.

In addition, the Makarfi-led committee in the Senate of The Federal Republic of Nigeria, in a series of publicly-held hearings, also vindicated me on the matter of the purportedly missing funds. In late 2011, due to the incessantly high subsidy figures which we knew were coming from unscrupulous marketers who were dealing in Round-tripping at the expense of the Nation, I removed all 92 PPPRA throughput marketers, amongst whom we believed were those undertaking round-tripping and substantially raising the cost of subsiding petrol for the entire Nation.

In doing that, I cut the subsidy bill to the Nation by almost 50% and put my life under immediate threat. Yet, I was accused, in the now defunct NEXT magazine, of taking bribes from these same companies. At end December 2011, I directed PPPRA to move for complete deregulation, to rid the Oil & Gas sector of the speculators, the bloated middlemen and the parasitic influence of Godfatherism. This was in an attempt to create a far less corruptible system as it was quite clear that the intended benefits of the Subsidy system were not reaching the masses but were being hijacked by unscrupulous middlemen cabals.

And finally, to allow the true market factors of supply and demand to come into play….. And as you all know, the country pushed back against it. Even after that, in early January 2012, I sought the permission and received the approval, of President Jonathan to write to EFCC asking that they please come in and investigate the entire Subsidy program and the fraudulence embedded in it(Annex-2D). And yet, I was called the corrupt one. It is pertinent to note here, that the incumbent government themselves maintained the full subsidy regime for over one year until they realised (as I had pointed out in 2011 and had championed continuously), that it was unsustainable. 7. My Stewrdship I would like to state for the record that I performed my duty as Minister of Petroleum Resources with the utmost sincerity and sense of responsibility, ensuring that all Nigerians irrespective of creed, gender or tribe enjoyed their rightful benefits from the Oil and Gas Sector. $5.6 Billion LNG Dividend Fund It is pertinent to note that at the end of my tenure, I left behind in the LNG dividend fund, for the incoming Administration, the sum of $5.6billion(five billion six hundred million US Dollars)(Annex-6A). I did this to ensure continuity in the crucial gas sector development which underpins the entire Power and Energy Sector and which was and still is, absolutely imperative for the Country’s current and future economic development. Local Content Having pushed for the full implementation of the Nigerian Local Content Act, despite resistance from various stakeholders, I actively promoted the benefits of ‘Nigerians Right to First Consideration’ in both the downstream and upstream sectors. The immediate effect of my actions was that for the first time in history, thousands of Nigerians were able to break through the barriers of a sector that had hitherto been the preserve of a few powerful groups with vested interest, and thereby earn a living. This remains a source of pride to me, that not only did it create wealth across the entire economic value chain but it also ensured the unparalleled transfers of knowledge and expertise for our indigenous operators. It is noteworthy that the template is being adapted for use in other countries. Fuel Scarcity It is on record, that I immediately took the issue of incessant fuel queues head-on and in my time as petroleum minister, Nigerians rarely experienced fuel shortages. These queues had long dominated our landscape, causing untold hardship to millions of ordinary Nigerians stuck in fuel queues for hours; like the bus driver who was unable to earn enough to go to the market, and the market woman who, therefore, earned less and so could not afford school fees. This example, though at the most basic level, caused a chain reaction which was replicated in various facets throughout the economy. So, on the macro economic level, the main benefit of ending the fuel queues was an immediate increase in GDP, reduction in inflation and easier facilitation and movement of people, goods and services, across the country. The continuing effect of all these measures were that even in the most remote locations, Nigerians could buy and sell petroleum products. Gas Supply & Infrastructure As soon as I assumed office, I put into play my wealth of experience in the oil and gas sector, knowing that gas was imperative for our future growth and prosperity. I put together a team to look at all aspects of growing Nigeria’s Gas with the intent of turning Nigeria into a Premier Gas Exploring and Producing Country, even more than an oil producing country. We started working on Gas for Industry – The commercialisation approach, Gas for home use – LPG, and Gas for Power generation. We even sponsored a pilot scheme for Gas to power vehicles. I implemented a short, medium and long term project to put in place sustainable gas supply to underpin the power sector and began laying the requisite infrastructure that was virtually non-existent when we took office. We worked with NERC and the CBN to put in place the necessary fiscal levers, to ensure that Gas supply would be competitively priced. I left behind a comprehensive and detailed plan for the rollout of LPG and the Industrialisation of GAS eg. The Ogidingben project. Petroleum Industry Bill I personally worked tirelessly through the night on many occasions, with the committee on the Petroleum Industry Bill, to finally get it to the point where for the first time in over 12 years, we could place it before the Federal Executive Council, and the National Assembly. I championed this in a bid to create aless corrupt, more transparent, accountable and responsible NNPC and Oil and Gas Industry as a whole. It was also to create additional funding inflows for the Nation. This was in spite of the fact that there was major resistance from powerful interest groups within and outside Nigeria. I take personal satisfaction even now, that the PIB template I presented to the country is still the benchmark for the current and future development of the Oil Sector in Nigeria. The Template is already being adapted for use in other countries.

MY POSITION

It is saddening that after eight years of serving my country, my experience as a public servant has been fraught with continuos malicious castigation and character assassination, all in the name of ‘personal vendettas’ or political horse trading. It has become apparent to many that these untruths told were at best well-crafted fables. The most dramatic and damning accusation was the infamous missing $49.8 Billion Dollars, that went from to $12 Billion and then up to $20 Billion and which was alleged missing from NNPC. Today, we all know that the PWC report that was published cleared me of any wrong doing and no one up till now has been able to controvert the PWC report nor has anyone found the “missing” 20 billion, or who took it. In addition, the Makarfi-led committee in the Senate of The Federal Republic of Nigeria, in a series of publicly-held hearings, also vindicated me on the matter of the purportedly missing funds. Yet, we are all silent as if these events never occurred! The allegations that I have addressed above are no different, the character assassination continues, this time with a new set of hirelings. One of the basic tenets of the human trait is that we all have shortcomings and we all make our fair share of mistakes, whether we are in positions of Leadership, or not. However, one error that cannot be ascribed to me is STEALING FROM NIGERIA & DEFRAUDING MY COUNTRY! It is therefore sad and distressing that in spite of all that I tried to do in the best interest of our Nation, I continue to be faced with constant demonisation, unproven accusations and deeply personal insults. In response I have chosen not to insult, accuse or demonise anyone, any person or persons. In spite of all the allegations that have been made against me, not one has been factually proven. I remain very proud of the fact that all the policies, tenets and plans that I initiated in the Oil & Gas sector are still underpinning the entire structure. This is because they were put in place with the good of the entire nation and its people in mind. They were not factional, or tribal, neither were they based on religious bias. I am a woman from the Niger Delta, who through perseverance and sheer hard work rose to one of the highest positions in the Country’s premier International Oil Company, and in tune with my ethos of hard work I earned the prestigious British Foreign & Commonwealth Chevening Scholarship Award and was thereafter admitted to my MBA program at the World renowned Cambridge University. In 2006, I was appointed as the first female executive director in the history of Shell Petroleum, Nigeria. Just over a year later, I was nominated and appointed as a minister of the Federal Republic of Nigeria, culminating in my appointment as Nigeria’s first female Minister of Petroleum, where again by dint of hard work I was appointed as the first female in history(in a completely male dominated space) to hold the Presidency of OPEC. I can therefore, NO LONGER SIT BACK and allow the fabricated accusations against my person designed by unscrupulous persons with a vengeful agenda go unchallenged. As a Christian, it is my sincerely held belief that in the coming months, history will be the judge of exactly who Lied and who told the Truth. By the Grace of God, I shall be here to see the day when truth prevails. The fight against corruption in Nigeria will be far better served if the EFCC focus on incontrovertible facts, as opposed to media sensationalism and completely distorted stories, in their bid to demonise and destroy a few specially chosen Nigerians. Documentary evidence is available to support the facts.

If one thing has been consistent with the defence of the former Minister, it has been her unequivocal denial of complicity in any missing money. Her lines have remained, ‘I didn’t steal Nigeria’s money’.

Overleaf are excerpts from her November 2025 interview with Chief Momodu. The interview that set in motion a chain reaction that has lasted 11 years.

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UK Court Acquittal: Diezani Goes Spiritual, Says God Will Always Be God

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Nigeria’s former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has reacted to her acquittal by a London court after bribery charges brought against her were dismissed.

The Southwark Crown Court in London, United Kingdom, on Wednesday acquitted the former minister of all charges, including five counts of accepting bribes and one count of conspiracy to commit bribery.

Reacting to the judgment, Alison-Madueke expressed relief and said she and her family had endured years of emotional distress over the case.

Speaking to News Central, she said she has remained in the United Kingdom since the legal proceedings began 11 years ago.

She said: “I’m just thankful to God, it’s been arduous, almost 11 years. It’s been traumatic not just for me but for my family, friends, my 93-year-old mother in Port Harcourt and for my son.

“It has been a hard journey, but I tell you this, God will always do as He will. God will be God and God is not a man that He should lie; when He promises you something, He will see it through.

“For almost 11 years I have been here. I did my job to the best of my ability.”

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I Never Saw Report that Led to Natasha’s Suspension, Says Ireti Kingibe

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The lawmaker representing the Federal Capital Territory (FCT), at the Senate, Ireti Kingibe, says she did not see any report that led to the suspension of Kogi Central Senator, Natasha  Akpoti-Uduaghan.

Kingibe made this disclosure on Wednesday when she featured in an interview on Arise Television’s ‘Prime Time’.

She said she was at a retreat with Edo North Senator, Adams Oshiomhole, when she heard about the report.

“I never saw the report that led to Natasha’s suspension. I was at a retreat. I had earlier stated that I was there with three or four other senators who are members of the committee.

“We attended the Committee on Petitions and Public Complaints, signed the attendance register, and I later left for the tax reform retreat, which I considered more important at the time.

“It affects my constituents much more than disciplining a senator, and I figured that the other people who were not part of that committee would take care of it.

“I even complained to other Senators, specifically to Senator Enyinnaya Abaribe. I complained to him very bitterly that I had not seen that report. I didn’t see it then. I have not seen it till now,” she said.

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