Aliko Dangote’s half-brother revealed as a major importer of fuel from Malta to Nigeria

Reports indicate that billionaire businessman Aliko Dangote’s half-brother Sayyu Dantata has been exposed as one of the major importers of premium motor spirit (PMS) from Malta to Nigeria…..For More READ THE FULL ARTICLE HERE ▶▶...CLICK HERE TO CONTINUE READING.>>

In a document obtained by SaharaReporters, MRS Oil &Gas Co. Limited, owned by Sayyu Dantata, has been linked to the fuel imports from Malta.

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Recall that Dangote had accused Nigerian authorities of attempting to sabotage his oil refinery and allowing other Nigerians to import substandard fuel from Malta.

In July, Dangote alleged that officials of the Nigerian National Petroleum Company Limited (NNPCL) had established a refinery in Malta, from which they import inferior fuel into Nigeria.

He said, “Even at 650,000 bpm and 700,000 bpm that we are producing was a better quality than what was imported. And I am sure most of you will have problems with your vehicle because of the bad fuel that were imported into the country, I still stand by what I said.

“Go to filling station, you can pick it up and check the quality. That is only way. But all these one somebody will bring in ship, bring in fake certificates. Some NNPC people, some traders have opened a blending plant somewhere in Malta. We all know these areas; we know what they are doing.”

Mele Kyari, the Group CEO of NNPCL, dismissed Dangote’s allegations, denying any involvement or interest in a Maltese plant.

According to a report by BusinessDay, a document obtained showed a complex scheme involving the importation of substandard Russian petroleum petrol to Malta for blending, followed by shipment to Nigeria.

The leaked documents reveal that Matrix Energy, a company with both upstream and downstream operations, has been importing low-grade petroleum products, blending them with higher-quality fuel, and distributing the mixture in the Nigerian market.

Matrix Energy’s assets include a 150 million-litre capacity depot in Warri (Bluefin Depot), three old ships (Matrix Pride, Matrix Triumph, Matrix S.ILU), and approximately 600 trucks.

Matrix Energy Group, led by CEO Abdulkabir Aliu, operates in both the upstream and downstream segments of Nigeria’s oil and gas industry.

Matrix Energy has denied importing substandard fuel, and claims the company has consistently met approved specifications. However, the company did not deny importing petrol from Malta.

New revelations show that Dangote’s half-brother has also been involved in the importation of fuel from Malta.

One of the documents dated March 4, 2024, obtained by SaharaReporters, is a letter from Moyosola Kuku, General Manager of Risk Management at MRS & Oil Co. Limited, addressed to the Managing Director of NNPCL.

The letter, titled ‘Submission of Shipping/Cargo Documents for Petroleum Product Delivery MT AETHER/SUB with Laycan 17th-19th February 2024,’ provides evidence of fuel importation by MRS from Malta.

The letter from Moyosola Kuku, GM Risk Management at MRS & Oil Co. Limited, referenced attached original documents related to MT AETHER, including: Marine Insurance (Mother Vessel); letter from the supplier; bill of lading; certificate of quantity; certificate of quality before loading; certificate of quality after loading; master receipt; notice of readiness loadport; vessel survey report before and after loading; ullage report before and after loading; bunker survey report (fuel oil & diesel oil); cargo pumping log; time log and VEF.

These documents provide detailed information about the fuel shipment.

Also, in a letter addressed to the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) dated March 4, 2024, and signed by Moyosola Kuku, the MRS Oil & Gas Co. Limited General Manager, Risk Management, the firm confirmed the purchase of fuel from OPL Malta.

Part of the letter titled ‘Letter of Advice on Trade to Nigerian National Petroleum Corporation’, reads, “We, MRS Oil & Gas Co. Ltd, with registered address No 2, Tincan Island Port Road, Apapa, Lagos, Nigeria.

“We hereby confirm that MRS Oil & Gas Co. Ltd purchased 91,219.232 Mt Vac of unleaded gasoline 91 Ron from PETROCAM DMCC, which was loaded at the port of OPL Malta, onto vessel MT AETHER with bill of loading dated 19/02/2024…

“In line with the February 2024 spot gasoline supply contract, we subsequently sold full cargo on board MT AETHER (91,219.232 MTV) to NNPC for delivery Offshore Lagos.”….For More READ THE FULL ARTICLE HERE ▶▶