Ola Falayi

MY FURTHER INVESTIGATIONS AND FINDINGS ON THE ABANDONED 300 CONTAINERS OF POWER SECTOR EQUIPTS AT THE PORTS 👇👇👇👇 There is important historical connection involving ROCKSON ENGINEERING LTD owned by Arik Air's former owner ( Sir Joseph Arumeni Akhide) and Federal Government power contracts. Important to note that owner of ROCKSON ENGINEERING, Sir Joseph Arumeni Akhide was a very strong ally of OBJ so he was allegedly one of those highly favored to corner Power Sector contracts ( under OBJ / ATIKU govt) that fell into the debacle of IMPORTED POWER SECTOR EQUIPMENT ABANDONED IN SEVERAL CONTAINERS AT THE PORTS...including ONNE PORT. Now I am beginning to think that the alleged $16 Billion Power sector fund ALLEGEDLY handled by Atiku that cannot be unaccounted for may be linked to some of these contracts that led to ABANDONED CONTAINERS!!🤔🤔🤔 See How Power sector FAILED🥲🥲🥲🥲🥲 WHAT MY INVESTIGATION 🔎 FOUND 1) Not all the 300 containers are linked to ROCKSON ENGINEERING. But some good numbers are linked especially the ones abandoned at Onne Port 2) The 300 containers were abandoned in mutiple import orders over a Span of 12( 2014) to 20 years ( 2005/2006) . ( All Years of PDP GOVT 🤭🫢🫢) 3) They represent multiple import consignments associated with different contractors, power projects and federal govt agencies and periods of importation. 4) I could only ascertain some involving ROCKSON. Which are: a) KADUNA POWER PLANT: Abandoned and held by Ports due to alleged disagreement on outstanding unpaid demurrages This contract was by ROCKSON and GENERAL ELECTRIC b) ALAOJI POWER PLANT/ NDPHC : Allegedly Abandoned due to lack of financial ability of Rockson to discharge terms of LC and issues of payments owed by Niger Delta Power Holding Coy, to ROCKSON c) Take over of ROCKSON by AMCON due to huge multibillion outstanding debts owed to Banks, which led to many Power sector projects being executed by ROCKSON abandoned, including the related imported equipments at the Ports SO MANY UNCANNY SITUATIONS and QUESTIONS 1) Why did FG under OBJ/ ATIKU give multiple power contracts to one company that didnt have adequate FUNDING CAPACITY? 2) Was ROCKSON ever paid on these contracts..in full or in part....if yes...then what happened to the funds that it was never enough to execute ? 3) Are there other "POWER SECTOR MAFIA" influence that made sure these equipments were not released??? Now we can see why NIGERIA POWER SECTOR PROJECTS FAILED AND DELIVERED DARKNESS through the period despite $16 Billion blown up!! NEXT....MOVING ON>>> Now that President Tinubu has put words into ACTION through the current Minister of Power, Joseph Tegbe, we hope these equipments will still be useful ( after testing) and deployed quickly to sites of ALL ABANDONED PROJECTS. MAY NIGERIA 🇳🇬 SUCCEED🙏 Thank you Dr @SamAmadi Sir, for giving me a bit of background to research further.🙏🙏 POWER sector is a major area for Nigeria so we all need to know how efforts funded to revamp it started failing... .