How IBB Shared Oil Blocks—-Falana

How IBB favoured cronies

OpenLife Nigeria reports that arising from the interview former President Ibrahim Babangida granted Arise TV last week, a human rights activist, Mr. Femi Falana has revealed some of Babangida’s sinister deeds in the office including unmerited distribution of oil blocks to cronies.

He made the disclosure at the Lagos State chapter of the Committee for the Defense of Human Rights (CDHR), which organized a public lecture in honour of Dr. Beko Ransome Kuti, who was a thorn in the flesh of the Nigerian ruling class for many years.
Beko was among the most consistent, staunch and fearless human rights campaigners in Africa.

In a keynote address, Falana accused former Nigerian Military President, General Ibrahim Badamasi Babangida, IBB, of disrupting history.

According to Falana, Babangida would have gotten a perfect answer from Late Dr. Beko Ransome Kuti and Late Chief Gani Fawehinmi if they’re alive.
However, the fiery lawyer has promised to do justice to some of Babangida’s comments on their behalf.

In the interview, Babangida, widely addressed as ‘Evil genius,’ claimed that corruption under President Buhari is worse than his regime.
He thereafter narrated how he sacked an officer for stealing N300,000 during his regime.
Reacting to Babangida claims, Falana said Babangida stole Nigeria’s public assets and sold them to his friends at give-away prices.

He said one of Babangida’s girlfriends who was a hairdresser was gifted oil block and today, she is one of the richest females in the country.

Furthermore, the law practitioner accused Babangida of running the country down carelessly so much so that neither financial experts nor the Central Bank of Nigeria could ascertain the regime’s debt status. Falana said even Abacha was embarrassed when a panel he created to probe Babaginda’s financial records found out that he carted away $12.4b between 1988 to 1992.
Falana said that remains the largest case of corruption in Africa.

General Ibrahim Babangida  who hails from Nigeria State was Nigeria’s military president between August 27, 1985 and August 26, 1993