Former President Olusegun Obasanjo 

By Ige Olugbenga

A group, Ijaw Union, has urged Acting President Yemi Osinbajo to probe former President Olusegun Obasanjo over his role in the controversial Malabu oil deal amongst others.

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In a statement released on Monday, Ebitari Dombraye and Wilson Awengidappa, on behalf of the group, also charged Osinbajo to conduct a fresh investigation into the Halliburton scandal and the recovery of the Abacha loot during the Obasanjo administration.

According to the group, the revocation of OPL245 from Malabu Oil and Gas Limited did not follow the due process.


The group alleged that Obasanjo negotiated directly with Shell and that his government extracted $210 million as against $20 million earlier awarded to Malabu as plans to appoint “a crony to take ownership of the asset with Shell.”

“Let us recall that in 2001, the Obasanjo government revoked the award to Malabu Oil and Gas even after the Christopher Kolade commission set up to review previously awarded oil blocks in the country found nothing untoward in the award to Malabu Oil and Gas.

“Former President Obasanjo’s government reinstated the asset to Malabu with Chief Obasanjo as petroleum minister and Bayo Ojo (SAN), as Attorney General, the Yar’Adua government validated it with Odein Ajumogobia (SAN) as petroleum minister and Michael Aondoakaa as Attorney General.

“If Chief Obasanjo’s claim has any currency, that means none of these individuals and ministries, including officials of Shell and ENI, could not have pointed out the fact that the 2006 approval to return the block to Malabu was done without the knowledge or consent of the president or minister of petroleum who were one and the same person,” the group said.