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*Governor* *Nyesom* *Wike* of Rivers state has again come under scathing criticism by antartica/South Pole explorer, *Prince* *Ned* *Nwoko* who accused him of instigating crisis in PDP since he lost the presidential primary to Atiku Abubakar and the party’s vice presidential nomination despite wasting huge sums of money belonging to Rivers state trying to bribe some party officials.He has impoverished Rivers state through wasteful and expensive inordinate ambitions to remain in power.

 

Earlier this week in an interview with journalists at Asaba Airport ,Prince Nwoko who is the PDP Delta North senatorial candidate had called for the expulsion of Wike,labelling him a nuisance.

 

But the Rivers state governor,in a statement by his commissioner for information,Mr Chris Finebone, said Nwoko’s persistent attacks on Wike were connected to the $418 million Paris club refund being claimed by some consultants including Nwoko, which Wike and some other governors have opposed.

 

In a reaction, contained in a statement at Asaba, Ned Nwoko Media directorate, lambasted Wike for stoking unnecessary confusion in PDP.

They described Wike as a sore loser, embittered by electoral defeat, urging him to come to reality with the fact that the presidential primary has come and gone.The team tasked him “to disclose his political pedigree, other than a shameless latter – day opportunist who got power by the patronage of a godfather in 2015”

 

The statement further challenged Wike:

 

“Let Wike name his source of livelihood outside political office ,obtained through rascality and dubious tactics.It is unfortunate that a failed obscure lawyer as timid as a local goat had been posturing in recent times with false airs of an emperor, insulting those far better than him in education and exposure.

 

“It is unacceptable for Wike to continue to embarrass PDP with crude, unruly and bellicose tendencies attempting to play God. Wike is a bad- tempered trouble monger.He should stop his recklessness . Enough of his unguarded statements, unbecoming of a governor.Why is he crying everywhere because he lost an election? Who made him an indispensable leader? Does he know how PDP evolved? His agitations are not genuine but selfish.

 

” He spoke dishonesty about the London- Paris club refund.He should be grateful. But for the initiative of Prince Ned Nwoko when Wike was struggling to be a local government chairman the over 60 billion Naira he collected as Rivers state’s share from the Paris club refund would not have been possible.

 

“When Ned Nwoko was engaged by the states from 2005 as a solicitor of the Supreme Court of England and he began his campaigns (at the High Court in London) for the federal government to stop further deductions from the states and local governments allocations and for the excess deductions to be refunded, where was Wike.? He was totally and completely out of his depths, inconsequential and will still be after the elections. Where was he when the likes of governors Bonny Haruna, Orji Kalu, Peter Obi,Jolly Nyame visited Ned Nwoko’s office in London with their teams.

Is it not an insult and stupidity to ask what Prince Nwoko does for a living after hugely benefiting from his patriotic efforts.

Is it not a grave irresponsibility for Wike to open his mouth and suggest that he is one of those stopping Ned Nwoko’s payments after receiving huge refunds from the Paris Club refunds?

 

“The Rivers state governor squandered the Paris club refund ,that accrued to the state,diverted the entitlements that ought to have been paid the local governments ,for self gratification.How did he utilize the money? He mismanaged it.Even the money for the councils. Instead, Wike is gallivanting around the world wasting Rivers state’s money chasing shadows and in the process 25 innocent kids died in the state hospital because of lack of electricity in the hospital.In a civilized society,Wike should have resigned.Indeed he would be prosecuted for the deaths of these innocent kids.This is unpardonable criminal negligence, yet a power -hungry governor like Wike is busy looking for another political office to continue pillaging public resources while his people suffer.

 

Wike is not fighting for the south. He is greedy. If he was chosen as the VP as he desperately wanted, would he have been complaining that the PDP national chairman, Ayu should go? Certainly not.

 

Those who got into offices through fraudulent politics must be cautious in exercising transient authority.

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“I Killed Him And Used His Blood To Make Money Rituals (Oshole) for Yahoo Boys” – 22-year Old Ritual Killer Confesses

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A 22 year old suspected ritual killer, Idowu Talabi from Ikenne-Remo has been arrested by the Ogun State police command for killing a tenant, Tobi Yisua, who lives in his maternal grandfather’s house.

 

During interrogation by a reporter of Alaroye, a dedicated Yoruba news platform, Idowu Talabi confessed to committing the crime.

 

He said, “he (Tobi Yisua) is a lotto operator (Baba Ijebu). Whenever he keeps money at home and they steal the money, he will accuse me of stealing his money.

 

One day, he was sleeping on the bed in his room, he did not lock the door, he only locked the net outside. When I wanted to enter, I used knife to cut the net and I unlocked it.

 

When I entered his room, I saw him sleeping naked on the bed lying face down and I landed the cutlass I was holding at the back this neck. When I saw that he was trying make noise, I used pillow to cover his mouth and used the cutlass on him again.

 

After killing him, I took part of his blood and mixed it to prepare “Osole”, money ritual charm. I made the charm to sell it to customers who will be interested in it, I did not do it for myself.”

 

Asked how he knew how to make the charm? He said he saw it in his father’s account.

 

On how he was exposed? he said, “the second day, when the wife of the deceased came from church, she found the dead body of her husband on the bed. She then came to me in the backyard, locked my shirt and accused me of killing her husband. When I got to the police station, I confessed to the police that I was the one that killed her husband.”

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BUA Group Threatens To Sue GREENVILLE LNG Gas Company – For Breach Of Multimillion Dollar Contract

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Two years after it was slammed with a $9m claim for breaching contract by a US Court, Greenville LNG company is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group.

 

Owned by Eddy Van Den Broeke , a Belgian cement magnate, *Greenville* is the pioneer Liquefied Natural Gas (LNG) production and distribution company in Nigeria with three liquefaction trains and a total capacity to produce 2250 MT of LNG per day.

 

The company, which was incorporated in 2013, prides itself for producing and marketing Liquefied Natural Gas to customers across Nigeria since April 2019.

 

It should be noted that the company is a Nigerian subsidiary of the International Engineering & Construction (IEC), a Luxembourg-based construction company.

 

However, in 2018, there were reports of how *Broeke* was struggling to get his LNG project off the ground in Nigeria and also facing a $9m claim from his subcontractor Baker Hughes.

 

How it started

 

In 2014, IEC through Greenville LNG entered into an agreement with Baker Hughes Energy Services LLC, formerly known as GE Oil & Gas (GEOG), for the purchase and installation of two small-scale liquified natural gas plants in Rumuji, Rivers State, Nigeria.

 

According to the documents obtained by POLITICS NIGERIA, GEOG agreed to supply IEC with two small-scale liquified natural gas production plants — the first by June 24, 2015, and the second by September 24, 2015— for use at the Rumuji Site.

 

In exchange, IEC agreed to pay GEOG $95 million. Both parties also agreed on a payment schedule, which would require IEC to pay various percentages of the $95 million at specific milestones.

 

It was stated that the agreement would be governed by and construed in accordance with the laws of the state of New York.

 

Unfortunately, GEOG failed to deliver the gas plants by their contractual delivery deadlines and this stalled installation, commissioning, and start-up of the Plants.

 

Arbitration

 

On July 31, 2018, IEC filed a Notice of Demand for and Commencement of Arbitration under the Contracts on behalf of itself and Greenville.

 

IEC initially sought approximately $75 million in damages but its demand increased to $700 million by the end of the arbitration.

 

The $700m claims included the liquidated damages for delayed delivery and damages associated with the delayed entry into operation of the gas plants.

 

But GEOG also filed counterclaims against IEC for breach of the contracts, asking for damages up to $40.1 million.

 

In 2020, the American Tribunal gave its verdict, ordering IEC and Greenville to pay GEOG over $9.5m for breaching contracts.

 

The Tribunal held that IEC had breached the Equipment Contract by failing to make two Milestone payments.

 

Dissatisfied with the judgement, On January 27, 2021, IEC filed a petition to vacate the Award in New York state court but the court rejected IEC’s arguments.

 

“In short, due to the strong deference owed to the decisions of arbitrators, the Court is compelled to reject IEC’s arguments and confirm the Award,” the court ruled.

 

*Poor Ethics/Underhand Business Practices*

 

It is believed that the posture of the company and record of breaching contract is owing to its owner’s secretive and shady business activities. Prior to setting up Greenville, Eddy Van Den Broeke ran ASCA bitumen from 1996 and grew the company into becoming a giant monopoly with over 90% of the Nigerian market by 2015.

 

Through this position, he was famed to hold everyone to ransom through alleged arbitrary price increases, artificial scarcity, amongst others. Eddy Broeke’s families were one of six of Belgium’s wealthiest families that featured on the Panama Papers, a cross-border investigation that revealed a list of thousands of people who channelled funds to tax havens.

 

“The family of *Eddy* *Van* *Den* *Broeke* , who turned the Eres company into an international player, is also mentioned. Eddy Van Den Broeke is identified as the sole beneficiary of at least five offshore companies in the BVI,” the ICIJ report read.

 

Eddy was named in the Panama Papers having had an extensive network of shell companies to hide his funds and avoid government oversight.

 

*Another multi-million dollar breach of contract suit looming*

 

Our investigations also revealed that recently, BUA, which is one of Greenville’s largest clients, is set to sue Greenville for 50 billion Naira for a possible breach in contract and reneging on its obligation to supply gas to its businesses in the far north.

 

According to sources, this dispute is as a result of Greenville LNG reneging on their contract with BUA to supply gas and also increasing prices arbitrarily despite the contractually agreed oil-indexed pricing for any changes in price.

 

Industry watchers1 have claimed that Greenville is trying to take advantage of its near monopoly in the domestic trucked LNG market hence their habit of entering into contracts and reneging on it after starting.

 

With Eddy and his companies’ history of reneging on contracts entered into with the Federal Government, partners, suppliers, communities and clients, it is unlikely that Greenville LNG or its billionaire owner *Eddy* and Managing Director , *Ritu* *Sahajwalla* would stop such behaviour anytime soon.

 

Experts familiar with BUA’s history of ensuring its rights are enforced, believe BUA will pursue this issue to a logical conclusion at the courts and till their rights are enforced.

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