ERHE appoints Wanker?
We now have a Nigerian Chairman, Ado Yakubu Wanka, and a new Nigerian
Executive Director, Morrison Anthony Fiddi, of the JDA.
On the surface this is consistent with the scheduled changes to the
executive of the JDA and alternating between a Nigerian and a Sao
Tomean as Chairman. As ever, however, there is more to this than
meets the eye.
Fiddi is from Bayelsa State in the Niger Delta, is a Christian and,
most importantly, is from the same area of the state as Minister of
State for Petroleum Resources and OPEC President, Dr. Edmund Daukoru.
Fiddi is known to be a very close confidante of Daukoru.
Wanka is from Bauchi State in the northest, is a Muslim, has an
extensive oil industry and banking background and, most importantly
for ERHC, is a long-standing associate of Emeka Offor. He an Offor
get on very well and Wanka not someone who is going to throw a spanner
in the Offor works.
The fact that both appointments were approved by Daukoru and Obasanjo
confirms the continued good relations Offor enjoys with both Daukoru
and Obasanjo and the good relations between Daukoru and Obasanjo.
The significance of these appointments and the flow-through benefit to
ERHC shareholders cannot be overestimated.
As I have said, there continues to be a great deal happening beyond
what we see in the US.
