How Abdullahi Haske Outwitted Emeka Offor, ABC Orjiakor To Corner Addax Oil Blocks

+ Helped by DPR, Cabals

+ What You Don’t Know About 37-yr-old Haske

There are enduring billionaires and there are emergency billionaires; those with visible, vibrant businesses and those who parlay their influence in the political sector to force their way into the billionaire circle. Many Nigerians conversant with happenings in Abuja, Nigeria’s seat of power, are saying loudly and clearly that Abdullahi Bashir Haske is one of those young men whose association with the presidency has helped to blur the line between obscurity and prosperity.

Described by many as a serial entrepreneur, private investor and philanthropist, Haske, 37, is the Group Managing Director of AA & R Investment Group – an integrated services firm serving a clientele across the agribusiness, oil and gas, maritime, support services and logistics, and information technology sectors.

Although his experience as an oil operator is less than ten years, Haske wields so much power that whenever he sneezes, the head honcho and other directors at the Nigerian National Petroleum Corporation, NNPC, catch a cold. 

Invariably, many favour-seeking patrons, oil moguls, politicians and businessmen literally fall over themselves in their quest to curry his favour and court his friendship.

It will be recalled that recently, the Nigerian government had revoked the four licenses: OML 123, 124, 126, and 137 held by Addax Petroleum because it failed to carry out work on the licenses. The director-general of the Department of Petroleum Resources DPR, Sarki Auwalu, had announced that the government had returned the licenses to its former Chinese owners.

However, insiders disclosed that the DPR never returned the oil blocs to the Chinese operators. Rather, it had sold the ownership of the licenses to Emeka Offor’s Kaztec Engineering and ABC Orjiakor’s Salvic Petroleum Resources at 20 percent and 29 percent respectively.

Excitedly, the oil moguls had committed to their acquisitions with high expectations of making extreme profits from their ventures; in time, they hoped to acquire higher stakes and thus increase their profits. They were elated about their presumed shrewdness and ability to collude with the DPR and certain backers within the presidency to outwit the Chinese investors.

But unknown to Offor and Orjiakor, they were in for a rude shock. Contrary to their belief, they were in fact the outwitted ones. The underlying intrigues and truth of the transaction made them look like piteous dunderheads who were beaten at their own game.

To their chagrin, Offor and Orjiakor discovered that despite their presumed sagacity and business intelligence, they had been bested by a certain 37-year-old Abdullahi Haske, who acquired 51 percent of the oil blocs.

There is no gainsaying Offor and Orjiakor got schooled on the pernicious intrigues of crafty, cut-throat enterprise. Beyond coping with the heartbreak of watching their fantasies of making filthy lucre crash in the dust, both men were peeved that they got outwitted and outclassed by a much younger Haske.

Further findings revealed that Haske, who is, by all means, their senior partner and superior enjoys the backing of more powerful actors in the presidency, through whose intervention, he was able to acquire the largest stake of the controversial oil blocs.

Indeed, Haske has certainly established his dominance over Offor and Orjiakor, even though they are much older and had been around for a longer period, doing business in the country’s oil sector.

It is pertinent to note that Haske had enjoyed the backing of the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), the late Maikantu Baru, who reportedly made him the billionaire stakeholder in the oil sector.

Following Baru’s demise, Haske has been appreciating in stature, business and political connections. He has become untouchable too, hence Mele Kyari, the current GMD of the NNPC has been finding it extremely difficult to curtail him.

It would be recalled that Nigeria’s president, Mahammadu Buhari allegedly restored four oilfield licenses to Addax Petroleum, a company controlled by China’s Sinopec, overruling a previous revocation from the country’s petroleum regulator.

The entire statement of Nigerian President Muhammadu Buhari was announced via social media channels. However, the purported restoration of the fields came roughly three weeks after the DPR rescinded them. Returning the licenses to Addax aims to ensure “commitment to the rule of law, fairness and enabling a stable business climate for investment,“ claimed the DPR.

In Abuja, where Haske has several sprawling, eye-popping properties, he is quite popular for his deep pocket and la vida loca lifestyle. He is blessed with fairly good looks, which has been accentuated with good money and luxurious lifestyle. These two factors have helped to burnish his dress sense and expensive taste in designer apparels especially Saville Row suits.

To put the cap on Haske’s luxurious lifestyle, he has a private jet, which he uses for his frequent foreign junkets and top-of-the-range cars to traverse Abuja and its environs. Little wonder he has been described as a lady-killer, whose aura effortlessly draws the finest species of womenfolk. 

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