Ali Modu Sheriff ALLEGEDLY broke, sells off oil block, other assets in N’Djamena, Chad



Ali Modu Sheriff is allegedly broke according to reports
- According to the allegation,the PDP factional chairman will also sell
off all his multi-billion dollar houses and office complex in Njadmena.
- The source also allegedly claim that Sheriff is disposing off his assets
in other to pull enough resources to contest the Presidential election in
2019
Ali Modu Sheriff, a factional national chairman of the Peoples Democratic
Party, PDP, and former Borno State Governor is alleged to be financially
bankrupt.
According to reports, the former governor contracted services of an agent to
dispose some of his assets in N’Djamena, Chad.
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The agent, Mr Uche is said to be currently in N’Djamena, Chad selling and
disposing off Sheriff’s assets.
According to sources, the assets being disposed of consisted of an un-
utilised oil block valued at several billions of naira.
Plans to sell the oil bloc to Chief Arthur Eze, a Nigerian oil and gas
billionaire, has allegedly been finalised.
The reports also claim that the factional chairman will also sell off all his
multi-billion dollar houses and office complex in Njadmena.
The source also allegedly claim that Sheriff is disposing off his assets in
other to pull enough resources to contest the Presidential election in 2019.
“Sheriff has ambition in 2019 to become the president of Nigeria and he
is currently broke following his failed investments in N’Djamena.
“He is a great gambler who was virtually bankrupt before the 2003
gubernatorial election in Borno state, which he contested and won. Sheriff
would have completely gone bankrupt had he lost the election at that time
after spending all his fortunes to contest the election.

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