General
Court Authorises EFCC to Arrest Mobil Nigeria MD

By Modupe Gbadeyanka
The Economic and Financial Crimes Commission (EFCC) has been given the permission to arrest the Managing Director of Mobil Oil Nigeria Plc (11 Plc), Mr Richard Laing, after he allegedly failed to honour invitations from the anti-graft agency.
The EFCC, in a statement on Wednesday, disclosed that the authorisation for the arrest of Mr Liang was given by Justice Okon Abang of the Federal High Court sitting in Abuja.
According to the commission, the application for a bench warrant on the ExxonMobil Nigeria chief was granted on Friday, January 29, 2021.
The EFCC explained that three invitations to Mr Liang to aid its investigation into an alleged procurement fraud in the Major Integrity Pipelines Project involving Mobil Producing Nigeria as the contracting company, Suffolk Petroleum Services Limited as the main contractor, Saipem Contracting Nigeria, Global Offshore Limited and Van Ord as sub-contractor to SPSL were rebuffed by him.
The frustration of ignoring its calls led the agency to approach the court to obtain an order to apprehend him to answer questions relating to the alleged fraud to the tune $213 million.
Mobil Oil is one of the oil companies trading their shares on the Nigerian Stock Exchange (NSE). Yesterday, the value of the company’s stocks remained unchanged at N228 each, with 32,153 units traded by investors.
It is not certain if the news of the intended arrest of its chief executive would affect its share price at the market on Thursday.
General
Oyo Federal Lawmaker Raises Alarm of Armed Herdsmen Invasion

By Modupe Gbadeyanka
A federal lawmaker from Oyo State, Ms Tolulope Akande-Sadipe, has alerted of an invasion of an area in the Oluyole Federal Constituency of the state by armed herdsmen.
According to her, these terrorists have instilled fear in residents of Ogunmakin, destroying farm produce and intimidating local farmers in the Gambari Reserve area of the community.
In a statement on Friday, the member of the House of Representative claimed that these armed hoodlums have been using weapons such as guns and cutlasses to terrorise her people, noting that this has jeopardised the livelihoods of farmers, exacerbating the economic crises and food insecurity of the region.
Ms Akande-Sadipe, who represents Oluyole Federal Constituency at the National Assembly, said she raised this concern in a matter of Urgent Public Importance in a motion on the need to avert further loss of lives, humanitarian and food security crisis as a result of invasion of farmlands by armed herdsmen in Oluyole Federal constituency on the floor of the House earlier in the week.
She called on relevant arms of the federal government and security agencies to intervene before the people are completely wiped out from their ancestral homes.
Ms Akande-Sadipe, who chairs the House committee on Humanitarian Services, further accused the armed herdsmen of “a deliberate agenda to destroy farm produce, intimidate local farmers, and using weapons such as guns and cutlasses to instil fear, thereby jeopardizing the livelihoods of farmers, exacerbating the economic crises and food insecurity of the region.”
The lawmaker further noted that despite multiple reports to law enforcement agencies, no decisive action has been taken to address the situation, leaving farmers vulnerable and unprotected.
“The failure to act swiftly has emboldened the perpetrators, leading to increased attacks, destruction of crops, and threats to lives and property, with the risk of further escalation if immediate action is not taken,” she ascertained.
Ms Akande-Sadipe recalled the resolution of the Igangan crisis in 2021, where decisive steps were taken to address similar issues, including the enforcement of anti-open grazing laws and the deployment of security forces to restore peace and protect farmers;
She called for an immediate investigation of the reported cases of intimidation, destruction of farmlands, and use of weapons by herdsmen in the area and ensure the arrest and prosecution of perpetrators to serve as a deterrent to others.
Ms Akande-Sadipe asked the House to call on the National Emergency Management Agency (NEMA) and Federal Ministry of Agriculture and Rural Development to: Provide immediate relief materials and support to affected farmers and communities to mitigate the impact of the crisis on their livelihoods, enable them to recover from losses incurred, and resume agricultural activities.
She also begged for an immediate conduct of an on-the-spot assessment of the situation in Ogunmakin, Gambari Reserve, and environs and engage with relevant stakeholders, including the Oyo State Government, security agencies, and community leaders, to develop a sustainable solution to the crisis.
General
Sanwo-Olu Mourns Doyin Okupe

By Modupe Gbadeyanka
Governor Babajide Sanwo-Olu of Lagos State has joined others to mourn the passing of the former Special Assistant on Media and Publicity to President Olusegun Obasanjo and Senior Special Assistant on Public Affairs to President Goodluck Jonathan, Mr Doyin Okupe.
Mr Okupe, who also served as the Director General of the Peter Obi-Datti Presidential Campaign Organisation, died on Friday morning at 72.
In a statement today by his Special Adviser on Media and Publicity, Mr Gboyega Akosile, the Lagos Governor described the demise of Mr Okupe, a physician and co-founder of Royal Cross Medical Centre, as a great loss to Nigeria, especially the people of Ogun State.
He further described the former National Publicity Secretary of the National Republican Convention (NRC) as an accomplished politician and strategist known for his bold positions and unfiltered opinions on political and national issues.
Sanwo-Olu, who is the Chairman of the South-West Governors Forum, also commiserated with his Ogun State counterpart, Mr Dapo Abiodun, over the passing of one of the political icons in the state.
“On behalf of my family, the people, and the government of Lagos, I mourn the passage of a renowned political and media strategist and former presidential aide, Dr Doyin Okupe.
“Dr Okupe was an accomplished politician and strategist who had been involved and played an active role in Nigeria’s politics for over three decades. He was actively involved during the Third Republic as the National Publicity Secretary of the National Republican Convention (NRC). He also served passionately as Special Assistant to President Olusegun Obasanjo; Senior Special Assistant to President Goodluck Jonathan, and Publicist for Senator Bukola Saraki and Vice President Atiku Abubakar.
“As a medical doctor, Okupe also impacted many lives positively in his chosen profession. He worked in both public and private hospitals in different parts of Nigeria before co-founding Royal Cross Medical Centre in the Obalende area of Lagos State.
“Dr Doyin Okupe’s departure is a great loss to Nigeria, particularly the political class. I pray that Almighty God grants his soul eternal rest and his family, friends and associates the fortitude to bear the irreparable loss,” he said.
General
Ikeja Electric Restores Power Supply After System Collapse

By Dipo Olowookere
Power supply has been restored by Ikeja Electric Plc to customers in its franchise area, Business Post has learned.
Earlier on Friday, electricity consumers under the electricity distribution company (DisCo) experienced an outage.
The company later informed its customers that the power cut was due to a “system outage,” noting that it was making efforts to restore supply.
“Please be informed that we experienced a system outage today, March 7, 2025, at about 2 pm, affecting supply within our network.
“Restoration of supply is ongoing in collaboration with our critical stakeholders,” the notice from Ikeja Electric, signed by its management, said.
The power outage came a day after some armed military personnel from the Sam Ethnan Air Force Base, Ikeja, Lagos, attacked officials of the company over disconnection of power supply to the Nigerian Air Force premises over unpaid bills.
The chief executive of the energy firm, Mrs Folake Soetan, was allegedly picked up and locked up in a truck, with other employees assaulted.
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