General
Ambode Honoured As Best Governor In New York
By Dipo Olowookere
Governor Akinwunmi Ambode of Lagos State has received an award for Best Performing Governor in Nigeria at an event organised by the African Leadership Magazine and held at the Regis Hotel, New York, USA.
Mr Ambode, while speaking at the 2016 International Forum on African Leadership, said since he assumed office on May 29, 2015, efforts have been geared towards creating a conducive and friendly environment for investors and for businesses to thrive.
He noted that the State was gradually emerging as the choice destination for investors, assuring that his administration would continue to work round the clock not only to become a shining example for Africans in Diaspora but retain the State as investors’ haven.
Mr Ambode, who was represented by the Commissioner for Wealth Creation and Employment, Mr Babatunde Durosinmi-Etti, apologised for his absence to receive the award, but said that he acknowledged the importance of the event hence his decision to send a powerful delegation including Durosinmi-Etti; the Commissioner for Information and Strategy, Mr Steve Ayorinde; his Special Adviser on Overseas Affairs and Investment, Professor Ademola Abass; and his Chief Press Secretary, Mr Habib Aruna, to represent him.
The Governor, in his remarks shortly after receiving the award, said the security and judicial reforms which he initiated at the commencement of his administration and the creation of the Office of Overseas Affairs and Investment were part of efforts to reduce the burden of bureaucracy and security concerns for would-be investors.
While stating that the State is open for business, Governor Ambode assured would-be investors that government would continue to invest in security, job opportunity and infrastructure which are the tripod upon which his administration was built.
He said that Lagos is also playing a leading role in the Nigeria economy, and as such must not shy away in ensuring that it takes the lead as Nigeria re-strategises to restructure its economy for greater prosperity.
“Lagos as the fifth largest economy in Africa is like a country and with the momentum with which the State is moving, it might soon emerge as the biggest economy in Africa. It is home to almost every religion, tribe and colour and accommodates the largest pool of black people all over the world, including Africa’s richest man, Alhaji Aliko Dangote, who is from Nigeria and has a home in Lagos,” Mr Ambode said.
Earlier, in his opening remarks, Publisher and Chief Executive Officer of African Leadership Magazine, Mr Ken Giami while thanking participants for finding time to honour the occasion, said the focus of the Forum was for good governance and how it could impact on the African continent.
“We have to connect, build bridges and cultivate both intra and inter African interests and connection, continue discussion and conversation on how to move Africa forward.
“A continent that has all the natural resources but still at the lowest ebb in the rank of other continents, needs trade and investment because there are many opportunities that abound in Africa. This is the time for countries all over the world to explore the resources that abound in the continent to make the world a better place for us,” Mr Giami said.
Other recipients of the African Leadership Awards at the event include the President of Malawi, Prof. Arthur Peter Mutharika; President of Burkina Faso, Mr Roch Marc Christian Kabore; Vice President of South Sudan, Mr Taban Deng Gai, among others.
General
FCCPC Seals Illegal Consumer Protection Group in Abia

By Adedapo Adesanya
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the premises of an entity operating under the name Community Crime Prevention Initiative of Nigeria (CCPIN) in Aba, Abia state.
In a statement on Thursday, Mr Ondaje Ijagwu, FCCPC’s director of corporate affairs, said the enforcement operation took place on Wednesday at Number 214 Aba-Owerri Road, in collaboration with law enforcement agents.
Mr Ijagwu said FCCPC’s action followed credible intelligence that CCPIN was falsely claiming affiliation with the commission and misleading the public by representing itself as an “authorised consumer protection NGO”.
“The entity had issued public notices alleging joint surveillance operations with FCCPC and was soliciting consumer complaints through unauthorised telephone lines,” the statement reads.
“During the operation, the operator of the facility, Dr Onwuka K. Okorie, was arrested on-site and is currently in police custody at World Bank Police Station, Abayi-Aba, Abia State, pending further investigation and prosecution.
“A number of exhibits bearing FCCPC’s name, logo, and false enforcement materials were recovered from the premises.”
The official said the commission has no affiliation with CCPIN and does not authorise or partner with the group or any similarly styled organisation for enforcement or consumer protection operations.
He added that FCCPC does not delegate such enforcement powers to NGOs, private entities, or individuals without formal legal authorisation.
Mr Ijagwu advised the public to disregard any announcements, sealing notices, or consumer-related campaigns issued by CCPIN or its representatives.
“To verify any enforcement or communication, members of the public can contact the Commission through its hotlines: 08056002020 and 08056003030. Official FCCPC activities and communications can also be verified via fccpc.gov.ng or social media handles (@fccpcnigeria),” he added.
The recognised consumer protection body also reaffirmed its commitment to operating with the highest level of transparency while ensuring consumer protection and market integrity.
General
Navy Destroys Nine Illegal Refineries in Rivers, Seizes Stolen Oil

By Adedapo Adesanya
The Nigerian Navy Ship (NNS) Pathfinder has dismantled nine illegal refining sites in Ogba/Egbema/Ndoni Local Government Area of Rivers State, seizing over 170,000 litres of suspected stolen and illegally refined petroleum products.
This is the latest in a long series of efforts to curb oil theft hampering crude oil production and economic growth in Africa’s largest oil producer.
The operation, carried out yesterday (Wednesday) uncovered a sprawling network of criminal infrastructure, including 45 ovens, 30 reservoirs, and 75 dugout pits, according to Commodore Cajethan Nnabuchi Aniaku, Commander of NNS Pathfinder.
He revealed that the illegal sites were stocked with approximately 60,000 litres of suspected stolen crude oil, 80,000 litres of illegally refined Automotive Gas Oil (AGO) known as diesel, and 33,000 litres of kerosene.
He said, “During the operation, the Tactical Riverine Assault Squadron Team acting on credible intelligence discovered two wellheads connected with pipes used for siphoning crude oil to illegal camps.
“The team dismantled the connected pipes to the wellheads and destroyed the illegal refining sites. The products were handled in accordance with anti-crude oil theft procedures,” he added.
The outfit could not make any arrests as the perpetrators fled on sighting the patrol team, the scale of the seizure underscores the magnitude of oil theft operations still active in the Niger Delta.
Commodore Aniaku praised the bravery and professionalism of the personnel involved and reaffirmed the Navy’s unwavering resolve to stamp out economic sabotage.
“Under the leadership of Vice Admiral E. I. Ogalla, the Nigerian Navy remains committed to combating crude oil theft and illegal bunkering activities which pose significant threats to the nation’s economy and energy security,” he stated.
The latest crackdown comes as the Navy intensifies its riverine operations across the oil-rich region, aligning with national efforts to boost crude production and plug revenue leakages caused by pipeline vandalism and illegal refining.
General
Petrobas Mulls Re-entry into Nigeria, Eyes Deepwater Exploration

By Adedapo Adesanya
Brazilian state oil company, Petrobras, is seeking a return to Nigeria’s oil sector with a renewed focus on frontier deepwater exploration.
This came as part of efforts to strengthen ties between both countries.
In a statement on Wednesday, Mr Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, announced that the development came during an interministerial review meeting.
The meeting, chaired by Vice President Kashim Shettima at the Presidential Villa in Abuja, was held to prepare for the second session of the Nigeria-Brazil Strategic Dialogue Mechanism (SDM) in June 2025.
Petrobras, the equivalent of Nigerian National Petroleum Company (NNPC) Limited, had previously wound down its Nigerian operations at the Agbami Field.
Now, with renewed economic reforms under President Bola Tinubu, the company is actively engaging the Nigerian authorities for fresh investment opportunities.
Speaking at the session, Vice President Shettima underscored the strategic importance of Nigeria’s relationship with Brazil, especially as Brazil prepares to host a series of global summits this year.
Providing further insight into Petrobras’ return, Minister of Foreign Affairs, Mr Yusuf Tuggar, confirmed ongoing discussions with the state owned oil company.
“Apart from ethanol, which they are hoping to engage the NNPCL for blending, Petrobras is also being actively engaged, and we expect they will form part of the delegation to Nigeria,” Mr Tuggar said.
“Petrobras is no longer active in Nigeria, but they are very keen on coming back. They said they want frontier acreage in deep waters.”
Brazil is one of the leading crude oil producers in the world and the largest in Latin America, producing 3 million barrels of crude oil per day.
In addition, the country has proven oil reserves of over 12 billion barrels, primarily located offshore in the Atlantic Ocean.
Petrobras dominates the sector, especially in offshore exploration and production but has joint ventures with international oil companies such as Shell, TotalEnergies, Equinor, and Chevron.
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