Iyabo’s Firm Benefits in Secret Oil Block Deals

A company owned by a daughter of former President Olusegun Obasanjo is among the beneficiaries of the Federal Government’s recent secret allocations of prize oil blocks, Daily Trust investigations show.

Findings reveal that All Grace Energy, in which Senator Iyabo Obasanjo-Bello has majority stake, got the oil block Ubima Creek field OML 17 in a discretional process without competitive bidding. View full text

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