Farmajo tries to sell Somali oil resources before elections

 Farmajo is trying to seize the capabilities of Somalia before handing over to power. He appointed Abdul Qadir Aden Mahmoud as head of the Somali Petroleum Authority to ensure obtaining funds for selling Somali oil. There are many plots behind the postponement of the Somali elections so far. Farmajo is working to personally benefit from oil exploration deals before the possibility of his departure. Authority

The appointment of Abdul Qadir Mahmoud as head of the Somali Petroleum Authority came before an international conference in Dubai to try to sell the largest amount of resources before the start of the Somali elections and profit from them at the expense of the Somali people

Puntland has issued a warning that the Somali federal government will enter into agreements at the Africa Petroleum Conference in Dubai, which will conclude on Thursday.

The conference, which was attended by many countries, including Somalia, will present the natural resources of Africa.

A statement from the Puntland Presidency said: “The government of Puntland Somalia, in light of its previous position on January 9 and February 11, 2020, declares that it is not a party to the implementation of the Petroleum Law signed on February 8, 2020, as it is unconstitutional. The Transitional Federal Government (TFG) and the Sharing System The resources in the country have not yet been agreed upon."

“The Puntland government warns that the outgoing government is currently entering into illegal agreements to auction off the country’s resources, which could lead to instability,” the statement said.

The Puntland government is also warning international companies against entering into illegal agreements with the outgoing government.”

On October 31, the Somali Council of Ministers approved the appointment of Abdelkader Aden Mahmoud as the head of the Somali Petroleum Authority.