Blame NOT Kachikwu for Fuel Scarcity
,The Ex Minister of State for Education who is also a
chieftain of PDP, in this
interview with source assesses the administration of
President Muhammadu Buhari, his foreign
trips, his party, the PDP, attacks on Minister
of State, Petroleum, Dr. Ibe Kachikwu and the
governor of Central Bank of Nigeria, CBN, Mr.
Godwin Emefile among other issues.
What is your take on the recent criticism of
the Minister of State for petroleum, over the
fuel shortage in the country?
Put it this way, I am a leader from the Niger
Delta; particularly I am from Delta State and
the minister of state, petroleum is from Delta
State.
What the minister has done from what I have
investigated because of the ignorance of his
critics who said flying a private jet was his
pitfall. This is what we call a joint venture
agreement.
Don’t forget Nigeria has 60 percent of the
joint venture between us and either Mobil,
Shell, Exxon and what have you and these
people have used and leveraged on the
resources of the 60/40 to own, claim and are
operating planes.
Looking at the issue of fuel scarcity, we can
see that this is caused by a marketing cartel
where his critics are firmly involved in. It is all
a temporary situation to arm-twist Mr.
President.
If I know Kachikwu well, if it is the same
person I know, Nigerians will be shocked with
his master piece and master plan with regard
to putting to an end the issue and I challenge
Kachikwu that I would be very disappointed if
there is no plan in place to permanently cure
the issue of petrol scarcity in Nigeria.
They are trying to blackmail Buhari that
Kachikwu drives the same plane as Diezani;
but the fact is that the same joint ventures
hasn’t changed; Chevron is still here, Mobil is
still here, Shell is still here, Texaco is still here
in whatever form or shape. So it is the same
joint venture. Diezani didn’t carry the plane
away.
Diezani didn’t change the joint venture neither
has Buhari done so, those planes will remain
the planes of Chevron, of Texaco, of Agip, of
Shell.
Have we traced personal things to him? Have
we traced that he has bought a plane? It is
not the case. So in my opinion attacking the
Central Bank governor is unacceptable.
Attacking the Minister of Petroleum who is
one of the best materials anywhere in the
world; you can’t find his counterpart anywhere
in the world.
What is your stance on the calls for the
removal of the CBN governor on the basis of
the poor state of the economy?
First and foremost what are the parameters?
The CBN governor works under the president
of the Federal Republic of Nigeria and as
such there are certain monetary policies the
CBN governor can’t bring to bear with the
president.
What I will expect the Buhari government to
do is to make sure that we properly
document; if you properly document the call
for dollars and the usage, and you follow it up,
we won’t have the situation we have right
now.
It is for the government and the Central Bank
to sit up and set up a monetary monitoring
department and make sure that whatever
dollar is collected is actually used for the
purpose that it was collected.
So what will you tell those calling for his
resignation?
I don’t think he is going to be different from
any other Nigerian what we need to do is
what I just enumerated; he needs to sit up
and get to the root of where his dollars are.
chieftain of PDP, in this
interview with source assesses the administration of
President Muhammadu Buhari, his foreign
trips, his party, the PDP, attacks on Minister
of State, Petroleum, Dr. Ibe Kachikwu and the
governor of Central Bank of Nigeria, CBN, Mr.
Godwin Emefile among other issues.
What is your take on the recent criticism of
the Minister of State for petroleum, over the
fuel shortage in the country?
Put it this way, I am a leader from the Niger
Delta; particularly I am from Delta State and
the minister of state, petroleum is from Delta
State.
What the minister has done from what I have
investigated because of the ignorance of his
critics who said flying a private jet was his
pitfall. This is what we call a joint venture
agreement.
Don’t forget Nigeria has 60 percent of the
joint venture between us and either Mobil,
Shell, Exxon and what have you and these
people have used and leveraged on the
resources of the 60/40 to own, claim and are
operating planes.
Looking at the issue of fuel scarcity, we can
see that this is caused by a marketing cartel
where his critics are firmly involved in. It is all
a temporary situation to arm-twist Mr.
President.
If I know Kachikwu well, if it is the same
person I know, Nigerians will be shocked with
his master piece and master plan with regard
to putting to an end the issue and I challenge
Kachikwu that I would be very disappointed if
there is no plan in place to permanently cure
the issue of petrol scarcity in Nigeria.
They are trying to blackmail Buhari that
Kachikwu drives the same plane as Diezani;
but the fact is that the same joint ventures
hasn’t changed; Chevron is still here, Mobil is
still here, Shell is still here, Texaco is still here
in whatever form or shape. So it is the same
joint venture. Diezani didn’t carry the plane
away.
Diezani didn’t change the joint venture neither
has Buhari done so, those planes will remain
the planes of Chevron, of Texaco, of Agip, of
Shell.
Have we traced personal things to him? Have
we traced that he has bought a plane? It is
not the case. So in my opinion attacking the
Central Bank governor is unacceptable.
Attacking the Minister of Petroleum who is
one of the best materials anywhere in the
world; you can’t find his counterpart anywhere
in the world.
What is your stance on the calls for the
removal of the CBN governor on the basis of
the poor state of the economy?
First and foremost what are the parameters?
The CBN governor works under the president
of the Federal Republic of Nigeria and as
such there are certain monetary policies the
CBN governor can’t bring to bear with the
president.
What I will expect the Buhari government to
do is to make sure that we properly
document; if you properly document the call
for dollars and the usage, and you follow it up,
we won’t have the situation we have right
now.
It is for the government and the Central Bank
to sit up and set up a monetary monitoring
department and make sure that whatever
dollar is collected is actually used for the
purpose that it was collected.
So what will you tell those calling for his
resignation?
I don’t think he is going to be different from
any other Nigerian what we need to do is
what I just enumerated; he needs to sit up
and get to the root of where his dollars are.
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