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18 Illegal Oil Dealers Forfeit N3.5m, Properties

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By Modupe Gbadeyanka

The Economic and Financial Crimes Commission (EFCC) on Friday, May 17, 2019, secured the conviction and sentencing of 18 illegal oil dealers before Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos.

The convicts are: Ayeni John, Emmanuel Tosu, Emopin Monein, Malade Aiyetimiyi, Odroja Ojune, Ikedehinbu Idowu, Abogun Ota, Elamah Augustine, Olarotimi Elikanah and ThankGod Benjami.

Others are: Abbas Friday, Victor Goldsmith, Gbenga Thomas, Ibane Austine, Idowu Surprise, Asemia Thomas, Agbayoh Lawrence, Salihu Malik and Ayetiniyi Ademola.

They were re-arraigned on a three -count charge bordering on conspiracy, dealing in and storing of unlicensed Automotive Gas Oil, AGO.

The suspects were arrested with two fibre boats laden with petroleum products from a hijacked vessel, MT MAMA ELIZABETH, by the Nigerian Navy on August 30, 2018 in Lagos and some parts of Ondo and handed over to the Commission for further investigation and prosecution.

They were alleged to have conspired among themselves to deal in about 21,840 litres of Automotive Gas Oil without appropriate licence.

At the point of arrest, N3.5 million, which was suspected to be proceeds from the sales of the illegally acquired products, was found on one of the convicts.

One of the counts reads: “ That you, Ayeni John, Emmanuel Tosu, Emopin Moneyin, Malade Aiyetimiyi, Odeoja Ojune, Ikedehinbu Idowu, Abogun Ota, Elamah Augustine, Olarotimi Elikanah, ThankGod Benjamin, Abbas Friday, Victor Goldsmith, Gbenga Thomas, Ibane Austine, Idowu Surprise, Asemia Thomas, Agbayoh Lawrence, Saliu Malik, Ayetiniyi Ademola , between August and September, 2018 in Lagos, within the jurisdiction of this Honorable Court, conspired amongst yourselves to commit an offence to wit: dealing in about 21,840 litres of Automotive Gas Oil (AGO)without appropriate licence and thereby committed an offence contrary to Section 3(6) of the Miscellaneous Offences Act Cap.17 Laws of the Federation of Nigeria 2004 and punishable under Section 1(17) of the same Act.”

All but the eighth defendant pleaded not guilty to the charge preferred against him defendant pleaded not guilty to the charge preferred against them.

In view of their pleas, the prosecution counsel, Idris Abdullahi, informed the court that the first, seventh, ninth and nineteenth defendants had entered a plea bargain with the EFCC and sought the leave of the court to review the facts of the case.

The prosecution counsel, Abdullahi, in his submission, informed the court that on August 30, 2018, the Nigerian Navy Beecroft, while on a patrol around the Atlas Cove Island, intercepted two fiber boats that had in its possession 21,840 litres of AGO, the source of the product was hijacked from a vessel named MV Mama Elizabeth.

He also told the court that, at the time of arrest, nine crew members were arrested and 10 others during the cause of investigation.

Abdullahi also stated that the sum of N3.5 million was found on the 18 defendant, while two locally made fabricated guns were recovered from the nineteenth defendant.

He added: “They were all handed over to the EFCC for further investigation.

“EFCC investigations revealed that the defendants conspired amongst themselves, dealt in and stored unlicensed 21, 840 AGO.

“They were confronted with the findings and volunteered statements to the EFCC.

“The Nigerian Navy arresting officers also volunteered statements.”

The prosecution counsel sought to tender the hand-over notes from the Nigerian Navy to the EFCC, the arresting officers’ statements, the statements of the defendants and two letters from the EFCC exhibit keeper showing deposit of N3,500,000 and two fabricated guns.

The documents were admitted in evidence as exhibits 1, 2, 3, (3A),4(4Q)5, respectively.

The prosecution adopted the plea bargain agreement of one year imprisonment on the defendants each from August 25, 2018, being the day of their arrest and detention prior to their arraignment on February 28, 2019.

It was also agreed that the two fibre boats, 21,840 litres of Automotive Gas Oil and the sum of N3.5 million recovered from the eighteenth convict be forfeited to the Federal Government of Nigeria and be deposited by the Commission to the Consolidated Revenue Funds of the Federation.

According to the prosecution, it was further agreed that the two fibre boats and the 2,1840 litres of Automotive Gas Oil be sold by the EFCC in collaboration with the appropriate government agency or private organization, and the proceeds be remitted to Consolidated Revenue Fund of the Federation.

It was also agreed that, upon their release from prison custody, the defendants are to enter a bond with the EFCC to be of good behaviour and never to be involved in any form of economic and financial crimes, illegitimate or criminal acts, both within and outside the shores of the Federal Republic of Nigeria.

In view of their guilty plea, the prosecution counsel, Abdullahi, urged the court to convict the defendants on the three-count charge and also prayed the court to sentence them to the terms agreed in the plea bargain.

Justice Aikawa, while considering the terms of the plea bargain, convicted the defendants on the three counts and sentenced them to one year imprisonment on each count, which are to run concurrently.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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NIMASA Rallies Stakeholders’ to Develop National Action Plan

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NIMASA revenue

By Adedapo Adesanya

The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged its commitment to provide the regulatory leadership, technical coordination, and stakeholder engagement required to successfully develop and implement a robust National Action Plan on maritime decarbonization in Nigeria.

The Director General of the agency, Mr Dayo Mobereola, made this known during the National Stakeholders’ workshop on the development of a National Maritime Decarbonization Action Plan, further describing the workshop as a critical step in actualising the Federal Government’s blue economy and climate objectives.

Represented by the Executive Director, Operations, Mr Fatai Taiye Adeyemi, the NIMASA DG underscored the significance of the IMO GreenVoyage2050 Project, a technical cooperation initiative /designed to support developing countries in implementing the IMO GHG Strategy.

According to him, the National Action Plan being developed will reflect national realities, leverage existing capacities, address identified gaps, and align with broader economic and environmental priorities of the federal government.

Mr Mobereola stressed that “this transition is not merely about compliance with international obligations, it is about safeguarding our marine environment, protecting public health, strengthening the blue economy, and ensuring that our maritime industry remains competitive and future-ready”, the DG said.

Also speaking at the event was the Technical Manager of the IMO GreenVoyage2050 Project, Ms Astrid Dispert, who highlighted that the overarching objective of the initiative is to advance a coherent and globally aligned regulatory framework to accelerate maritime decarbonization.

She also emphasised that NIMASA plays a pivotal role in driving the project at the national level.

The IMO GreenVoyage2050 Project provides technical expertise and institutional support to assist countries in developing and implementing National Action Plans that promote sustainable shipping practices, encourage investment in clean technologies, and strengthen capacity for long-term emissions reduction.

Through this collaboration, the federal government is advancing deliberate steps towards maritime decarbonization, reinforcing its commitment to global climate goals and ensuring a cleaner, greener, and more sustainable future for the sector.

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BPP Mandates Digital Submission for MDAs From March 1

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procurement standard BPP

By Adedapo Adesanya

The Bureau of Public Procurement (BPP) has directed all Ministries, Departments and Agencies (MDAs) to comply with its digital submission process effective March 1.

The directive was contained in a circular signed by the Director-General of the Bureau, Mr Adebowale Adedokun, noting that the move was part of the bureau’s commitment to digital transformation and paperless governance.

It explained that the transition followed an earlier circular of Aug. 4, 2025, which introduced electronic submission procedures.

According to the bureau, it has successfully moved from physical filings to a dedicated e-mail service for document submissions and is now advancing to a more robust and integrated system.

The circular announced the inauguration of the BPP Digital Submission Portal, a web-based platform designed to enable MDAs submit procurement-related documents directly to the Bureau.

It stated that the automated platform would streamline the submission process, enhance transparency and ensure accelerated tracking of procurement-related documents and petitions.

“With effect from March 1, all MDAs will be required to use the portal to submit requests for ‘No Objection’ Certificates, approvals for ‘No Objection’ for special procurements, clarifications and status updates on submissions,” the bureau said.

It added that the portal would be hosted on the Bureau’s official website and would become fully operational from the effective date.

The bureau warned that physical submissions or manual hand-deliveries would no longer be prioritised and would eventually be rejected following the full transition to the digital platform.

It urged accounting officers to brief their procurement departments and ICT units on the development to ensure seamless processing of procurement activities from March 1.

It further advised MDAs to contact the Bureau via its official email for information on the onboarding process and integration into the portal.

The bureau emphasised that full compliance by all MDAs was required to ensure a smooth transition and avoid delays in the implementation of the 2026 fiscal year procurement processes.

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Senate Seeks Removal of CAC Boss Hussaini Magaji

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Hussaini Magaji CAC boss

By Adedapo Adesanya

The Senate has asked President Bola Tinubu to remove the Registrar General of the Corporate Affairs Commission (CAC), Mr Hussaini Ishaq Magaji, from office.

The Senate Committee on Finance, while passing a resolution in Abuja on Thursday, accused Mr Magaji, a Senior Advocate of Nigeria (SAN), of failing to honour the Senate’s invitations to account for the finances of his agency.

“He refused on so many occasions to honour our invitation to appear before this committee.

“We have issues with the reconciliation of the revenue of CAC.

“Each time we invite him, he gives us excuses,” the Chairman of the committee, Mr Sani Musa, said as the committee passed the resolution.

CAC was part of a group of agencies that the House of Representatives Public Accounts Committee (PAC) recommended zero allocation for the year 2026, for allegedly failing to account for public funds appropriated to them.

The committee, at an investigative hearing held two weeks ago, accused CAC and some other ministries, departments and agencies (MDAs) of shunning invitations to respond to audit queries contained in the Auditor-General for the Federation’s annual reports for 2020, 2021 and 2022.

The PAC chairman, Mr Bamidele Salam, stated that the National Assembly should not continue to appropriate public funds to institutions that disregard accountability mechanisms, saying this will create fiscal discipline and strengthen transparency across federal institutions and conform with extant financial regulations and the oversight powers of the parliament.

“Public funds are held in trust for the Nigerian people. Any agency that fails to account for previous allocations, refuses to submit audited accounts, or ignores legislative summons cannot, in good conscience, expect fresh budgetary provisions. Accountability is not optional; it is a constitutional obligation,” he said.

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