Friday, 12 August 2011

Patience Jonathan Acquires Two More Oil Vessels For $64 Million.

According to an online magazine, Nigeria's first lady, Dame Patience Jonathan is about to get herself listed on the note pad for wealthy Nigerians that are playing big in oil sector.
Information reaching us has it that Mr. President's wife has just taken delivery of two oils vessels.
The move, according to sources, is to further strengthen her interest in the down stream sector.
Mrs. Jonathan earlier in the year purchased two oil vessels. The arrangement was perfected sometimes last year with wealthy businesswoman and boss of SPG Oil and Gas as a front.

The newly acquired oil ships, sources disclosed, were acquired for a whooping $64 million. Dubbed Jascon 34, the oil liners were delivered a couple of months ago.
Those in the know disclosed Sterling Global Oil Resource Limited, a Chinese company based in Victoria Island, Lagos to be the firm handling the business arrangement for the first lady this time.
All the relevant papers that have to do with its operation were said to have equally been sorted out.
The vessels are expected to commence operation any time from now.
Further finding revealed that the company handling the construction of the oil vessels is equally at the moment wrapping up works on another one for the first lady.
The third vessel is due for delivery in the last quarter of the year, an insider divulged.
Special Adviser to the President on Media, Mr Ima Niboro did not respond when we sought his reaction on the development.