Andrew Yakubu [email protected]

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Reply-To: <[email protected]>
From: "Andrew Yakubu"<[email protected]>
Subject: TURN AROUND MAINTENANCE

Nigerian National Petroleum Corporation
Nigerian Petroleum Exchange
NNPC Towers, Central Business District,
Herbert Macaulay Way,
P.M.B. 190, Garki, Abuja
Ref: NNPC/NPE/R&P/TAM-00894/13
Contract No.: NNPC/TAM/RWPK-089/06/13
234 8173560203
Dear Sir,

NNPC REFINERIES TURN-AROUND MAINTENANCE OVER-INVOICE

Following the removal of fuel subsidy in Nigerian Petroleum price that caused an increase in fuel price from US$0.40 to US$0.87 per litre in January 2012, the Federal Government decided to use the subsidy money for the purpose of Turn-Around Maintenance (TAM) for their three refineries in Warri, Port Harcourt and Kaduna and the sum of US$2.6 billion were set out for this purpose.

However, the contract was awarded to JGC Engineering, Japan and the entire contract bidding process, terms and agreements was reached with the Nigerian National Petroleum Corporation (NNPC), Nigerian Government and two refineries has started production already, while the remaining refinery is expected to start production on October this year.

Meanwhile, the contract for Turn-Around Maintenance (TAM) for the three refineries awarded to the JGC Engineering had an over-invoice sum of US$150,000,000.00, and I told the NNPC Board that, this amount belongs to one of our suppliers of Pipelines, who are yet to be paid, and they requested that the supplier/contractor should come for his money, if not they shall return it to the Government coffer Account as un-used fund, that is why I am contacting you to act as the supplier that executed this contract, and I shall provide you with all the necessary information you need to know.

Based on that, I want to use this medium to inform you that the over-invoiced sum of US$150,000,000.00 have been approved by the Nigerian National Petroleum Corporation (NNPC) for release to you for the supplies of the Turn-Around Maintenance Pipelines to the Port Harcourt, Warri and Kaduna Refineries, and I want your maximum cooperation and trust.

Lastly, this transaction is highly confidential, because I will not entertain any form of illegal approach from unintended individual or person. Upon the receipt of your response I shall further detail you the procedures for receiving this fund from the NNPC. Meanwhile, the sharing ratio of this fund will be on 50:50 bases. Your expedite response will be appreciated. Thanks for your understanding.

Yours truly
Andrew Yakubu
GMD