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SNH: The tip of the Adolphe Moudiki period?

The has a separate board of administrators Nationwide Hydrocarbons Firm (SNH) registered for in the present day on the Normal Secretariat of the Presidency of the Republic (Sgpr). That is the session initially scheduled for July 17, which is ” reorganization “, in keeping with the phrases of the Ferdinand Ngoh Ngoh the chairman of the board of administrators (PCA) of the corporate, who calls the assembly. The agenda, it’s mentioned in Yaoundé, is the appointment of a brand new Director Normal (ADG). So it is a query of touchdown Adolphe Moudiki who, in keeping with common sources, has deserted the workplaces for a number of months, as a consequence of well being considerations. And what’s extra, the person signed a memorandum on March 4, transferring a few of his abilities to Igor Soya Bissaya, counsel No. 2, for a interval of three months. Expiration date; and the person continues to be uncommon in his place of service. Due to this fact, the ability of the short-term employee continues.

A scenario that appears to have troubled the highest of the State for hundreds of years; or at the least the PCA which isn’t intently associated to the ADG. And that provides a very good probability to do away with an opponent. Thus Adolphe Moudiki’s place was imposed on July 17. The person managed to cease the plan to kill him. By closing the doorways of the SNH to directors. To later humiliate the PCA and a minimum of Sgpr just a few hours later. It is because, in keeping with common sources, the President of the Republic has ordered peace and dialogue between the 2 predominant figures of the SNH. The newspaper La Nouvelle, in its version of July 23, 2024, reveals ” Paul Biya requested the PCA to seek the advice of with Adolphe Moudiki to discover a method of honorable exit, by harmonizing their positions.s”. In line with the diary of Jacques Blaise Mvié, Ferdinand Ngoh Ngoh surrendered and known as the opposite individual on the cellphone, to ask for this peace. Who organized to fulfill him at his home on the identical July 17 within the night. Besides that ” unusually, Adolphe Moudiki offers orders to his safety guards to not open the doorways of his residence for him», Reporting to the colleague. The Sgpr falls again upset. To reschedule the aborted session.

Cotco

It has already been introduced in France that the person who will likely be “changed” will likely be introduced. However the recreation will proceed in the present day, not on the SNH anymore, however on the Presidency of the Republic. Below the nostril and beard of Paul Biya. Within the drawers of Ngoh Ngoh the resolutions of the final board of administrators held by video convention with out the final ones who hoped in useless for a face-to-face assembly have but to be carried out. With nominations particularly amongst. This continues a battle launched in 2023. Paul Biya’s two “trusted” males clashed in 2023 on the file of Cotco, the corporate that manages the pipeline Chad- Cameroon, of which SNH is a shareholder. The PCA and the ADG of the SNH had fallen out over appointing a consultant of Cameroon to the Board of Administrators.

Created on 12 Might 1980, SNH is a juggernaut within the oil sector and its worth chains in Cameroon. With 12 firms within the portfolio together with Tradex, Hydrac, Cotco, Chanas assure, Perenco Cameroon. On the age of 86, 31 of whom have been on the head of the corporate, Adolphe Moudiki has no intention of giving up the chair. However the close to future appears to be with out him. Paul Biya might have let go of one in every of his key sisters. Regardless of the earthquakes of the previous days, Prince Etoudi, who has been hiding in deafening silence for a number of months, doesn’t elevate doubts about his management over the affairs of the state, to has formally come out of hibernation. Abandoning his foal in a cockfight. It is a secure wager that just one will win.

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