Ngozi Okonjo-Iweala under fire

List of the people who benefit most from oil subsidy, which include some of Nigeria's richest people - the owners of fuel-importing firms 

1. OandO Nigeria Plc (Managing Director - Mr. Wale Tinubu) - N228. 506 billion

 

MRS Oil Nigeria Plc (Alhaji Sayyu Idris Dantata as Chairman) - N224.818 billion

 

Pinnacle Construction (Mr. Peter Mbah, Managing Director) - N300 billion

 

Enak Oil & Gas (A shadowy company) - N19.684 billion

 

CONOIL (Mike Adenuga, Chairman) - N37.960 billion

 

Bovas & Co. Nig. Ltd. (Bamidele Samson, Managing Director) - N5.685 billion

 

Obat Oil & Petroleum Ltd (FEO Akinruntan) - N85 billion

 

Folawiyo Oil (Yinka Folawiyo, Chairman) - N113.3 billion

 

IPMAN Investment Limited (a faceless organization) - N10.9 billion

 

ACON (ACORN PETROLEUM LTD) (Alhaji Aliko Gwadabe) - N24.1 billion

 

Atio Oil (another faceless company)- N64.4 billion

 

AMP (another faceless company) - N11.4 billion

 

Honeywell (Chief Oba Otudeko, Nino Ozara) - N12.2 billion

 

Emac Oil (another faceless company) - N19.2 billion

 

D.Jones Oil (same as G.D Jones, an independent family run UK Oil Company?) - N14.8 billion

 

Capital Oil (Ifeanyi Patrick Ubah) - N22.4 billion

 

AZ Oil (Chief Alexander Chika-Okafor) - N18.613 billion

 

Eterna Oil (Alhaji Mahmud Bamanga Tukur & Fola Adeola) - N5.57 billion

 

Dozil Oil (another faceless company) - N3.375 billion

 

Forte Oil Plc (Olufemi Peter Otedola, Zira Malagadi) - N8.582 billion

 

Integrated Oil & Gas (Captain Ihenacho Emmanuel) - N30.777 billion

 

African Petroleum (Femi Peter Otedola, Chairman) - N104.58 billion

 

A. Rano (AA Rano Nigeria Ltd, Alhaji Auwalu, a Kano transporter?) - N1.14 billion

 

A.S.B Investment Company Ltd- (a faceless company) - N3.16 billion

 

Arcon Plc - N24.116 billion

 

Aminu Resources - N2.3 billion

 

Avante Guard - N1.14 billion

 

Avido - (a faceless company) - N3.64 billion

 

Boffas & Company - N3.67 billion

 

Brilla Energy (a faceless company) - N960.3 million

 

DownStream Energy - N789.648 million

 

Inco Ray (a faceless company) - N1.988 billion

 

ASCON Oil - N5.271 billion

 

Channel Oil - N1.308 billion