General
18 Illegal Oil Dealers Forfeit N3.5m, Properties
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.
General
World Banks Debar Three PwC Subsidiaries for 21 Months Over Project Fraud
By Adedapo Adesanya
Three African subsidiaries of global advisory firm, PricewaterhouseCoopers (PwC), have been debarred by the World Bank Group for 21 months after being found guilty of manipulating procurement processes for a major cross-border electricity project.
In a statement on Wednesday, the Washington-based multilateral lender said PricewaterhouseCoopers Associates Africa Ltd, based in Mauritius, along with its Kenyan and Rwandan affiliates, engaged in “collusive and fraudulent practices” linked to the Eastern Electricity Highway Project, a flagship initiative to transmit hydropower from Ethiopia to Kenya.
The decision sidelines PwC from lucrative World Bank-funded projects on the continent, dealing a blow to one of the region’s most influential audit and advisory firms.
This development could reshape competition for high-value consulting work across emerging markets, potentially disrupting startups and tech firms reliant on World Bank funding, as scrutiny over governance and compliance tightens.
The World Bank, through its private sector arm, International Finance Corporation (IFC), offers grants and low-interest loans to startups across emerging markets.
Earlier this week, the IFC committed $20 million to invest in high-growth startups in Kenya, Nigeria, and South Africa.
“The debarment makes PwC Associates, PwC Kenya, PwC Rwanda, and any affiliates they control ineligible to participate in Bank Group-financed projects and operations,” the World Bank said. “It is part of a settlement agreement under which the three companies admit culpability for sanctionable practices.”
The determination was based on the company’s conduct between 2019 and the award of contracts for consultancy services and asset valuation work for the Ethiopian state power utilities.
According to the World Bank statement, the firm obtained confidential procurement documents to improperly influence the award of a contract for the implementation of International Financial Reporting Standards at the Ethiopian Electric Power Corporation.
They also attempted to steer a separate contract for a fixed asset inventory and revaluation for the power utility towards PwC Associates. During the bidding and execution of that contract, the bank found that the company misrepresented the availability and qualifications of key experts and failed to disclose the full list of subconsultants involved.
According to the World Bank, the debarment is shorter than would otherwise apply because PwC admitted misconduct. The advisory firm also agreed to a series of remedial measures, including internal investigations, disciplinary action against responsible staff, terminating relationships with all subconsultants involved, and additional staff training.
General
Nigerians Can Film Police on Duty—Court Declares
By Aduragbemi Omiyale
A Federal High Court in Warri, Delta State, has affirmed the right of Nigerians to film personnel of the Nigeria Police Force (NPF) on duty.
The judgment was given by Justice H. A. Nganjiwa on Tuesday in a case filed by Mr Maxwell Uwaifo in suit number FHC/WR/CS/87/2025.
The court held that Nigerians have the constitutional right to use any device to record police officers executing their official duties in public.
It was ruled that police officers must wear visible name tags, display their force numbers, and must not harass, intimidate, arrest, or seize devices from citizens documenting their activities.
The court awarded the applicant N5 million in damages for the violation of his fundamental rights and N2 million for the cost of litigation.
Business Post reports that the respondents in the case were the Inspector General of Police (IGP), the NPF, the Police Service Commission (PSC), and the Attorney-General of the Federation (AGF).
The lawyer filed the case in accordance with Sections 34, 35, 36, 37, 38, 39, 40, and 41 of the Constitution of Nigeria and others.
“This judgement has significant implications for policing standards, civil liberties, and public accountability across Nigeria,” Mr Uwaifo said after the judgement.
General
Lagos Consumes 30% of Total Power Off-Take in Nigeria—TCN
By Aduragbemi Omiyale
The General Manager in charge of Transmission for Lagos Region of the Transmission Company of Nigeria (TCN), Mr Adeshina Adeonipekun, has stressed the critical role of Lagos in the national grid.
While receiving the chief executive of Eko Electricity Distribution Company (EKEDC), Ms Wola Joseph Condotti, at his office on Monday, he said the Lagos region accounts for about 30 per cent of total power off-take in Nigeria.
He stated that TCN was implementing strategic expansion and project upgrades aimed at enhancing grid stability and operational efficiency in response to rising demand.
Mr Adeonipekun highlighted recent key milestones achieved in the region, including the commissioning of a 100MVA power transformer at the Ijora 132/33kV Transmission Substation, a 300MVA transformer at the Lekki 330/132kV Transmission Substation, and a 125MVA unit at the Agbara 132/33kV Substation, among others.
According to him, these additions have further increased the region’s installed capacity to 5,470MVA on the 132/33kV network and 4,110MVA on the 330/132kV network.
He further said that there were several ongoing rehabilitations at key substations within the region, including Amuwo GIS, Akoka 132/33kV, and Itire 132/33kV Transmission Substations, all geared towards further improving reliability, reducing system constraints, and enhancing the overall efficiency of power delivery.
In her remarks, Ms Condotti expressed appreciation for TCN’s continued partnership and support, underscoring the importance of sustained collaboration between transmission and distribution companies in building a more stable and efficient electricity transmission and supply network.
Both parties explored ways to strengthen collaboration and ensure a more stable and efficient power supply in Lagos, the nation’s commercial hub.
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