General
Group Berates Agbese Over Allegations Against NNPCL, NMDPRA
The Energy Transparency Initiative (ETI) has expressed dismay over the recent statements made by the Deputy Spokesman of the Federal House of Representatives, Philip Agbese, concerning the Nigerian National Petroleum Corporation Limited (NNPCL) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The group in a statement by its convener, Ganzallo Gbenga, and programme officer, Chinelo Ochiaga, said the allegations by Agbese that the NNPCL and NMDPRA are involved in a deliberate attempt to undermine the Dangote refinery, is an affront to the House of Representatives.
They noted that such remarks are not only misleading but also demonstrate a concerning departure from his responsibilities as a federal lawmaker.
“While we are not willing to be the mouthpiece of both regulatory authorities, being accused by Mr Agbese, we cannot but remind Nigerians that as an organization with over a decade of involvement in a series of advocacy on transparency and accountability in the sector, we have full knowledge of issues that are responsible for the recent dispute between Dangote Refinery and the regulatory authorities.
“It is troubling that Agbese has chosen to abandon his duty as a representative of the people and instead assumed the role of an advocate for the Dangote Refinery.
“His position should obligate him to act impartially, especially in matters involving multiple stakeholders. By aligning himself so closely with a single business interest, he undermines the very essence of his role as an unbiased arbitrator within any relevant committee.
“In the House of Reps, his voice has never been heard, no bills sponsored, no motions moved and has also not carried out empowerment to his Constituency.
“Agbese’s actions reveal a troubling pattern of prioritizing the interests of a single entity over the broader collective welfare of Nigerians. The Dangote refinery, while a significant player in the industry, represents individual business interests that do not necessarily align with the national interest.
“The apparent bias demonstrated by Agbese risks neglecting the broader implications of the refinery’s operations on the general populace and undermines the regulatory framework designed to ensure fair play and transparency.
“It is imperative to remind the lawmaker that his call for the dismissal of the Group Chief Executive Officer of NNPCL and the Authority Chief Executive of NMDPRA is not only misplaced but lacks merit.
“We had expected all parties involved in this NNPCL and Dangote feud to maintain their silence but were shocked to realise that Agbese who’s a member of the committee set up by the House to investigate surrounding allegations chose to take a side and has made statement that are uncalled for.”
The Energy Transparency Initiative said Agbese needs to be schooled on how both the NNPCL and NMDPRA works and not dabble into affairs that are beyond his literacy level.
The group noted that the era where Agbese blackmails public institutions will not fly with government agencies as they won’t succumb to such.
“The agencies targeted for blackmail and pecuniary gains by Agbese and his team have outlived governments and individuals and will continue to do so continue, no matter the corporate or legislative blackmail.
“The oil and gas sector business is too sophisticated a knowledge for Agbese to understand and meddle into. We urge him to immediately resign his position as the Deputy Spokesperson of the House of Representatives.
“He can also choose to apply for employment in NNPCL if he chooses to defend them, especially now that the recruitment exercise is ongoing.
“We call on the leadership of the House of Representatives to address this matter with the seriousness it deserves. Members of the House must focus on their legislative duties and refrain from interfering in regulatory issues they do not fully understand.
“This will ensure that the integrity of the legislative process is maintained and that public trust is upheld,” it said.
The Energy Transparency Initiative urged the House leadership to rein in Agbese and his associates.
“Their current approach not only jeopardizes the effective functioning of regulatory bodies but also risks undermining the efforts to achieve transparency and accountability in the oil and gas sector.
“We further implore all stakeholders to remain vigilant and uphold the principles of fairness and transparency.
“The progress of Nigeria’s oil and gas sector depends on the collective efforts of all parties involved, and individual agendas mustn’t derail this important endeavour.
“The Energy Transparency Initiative shall remain committed to advocating for due process, transparency, and security in the oil and gas sector.
“We will continue to monitor developments and ensure that all actions and policies are aligned with the national interest, free from undue influence or partisan agendas.”
By Adedapo Adesanya
Justice Emeka Nwite of the Federal High Court in Abuja has affirmed the final forfeiture of $13 million linked to a Lagos socialite, Ms Aisha Achimugu, and her company, Oceangate Engineering Oil & Gas Limited, to the federal government of Nigeria.
Delivering judgment, Justice Nwite held that the Economic and Financial Crimes Commission (EFCC) established that the foreign currency was proceeds of fraud and unlawful activities.
The judge further held that Oceangate Engineering Oil & Gas Limited failed to establish how it came by the money, saying the anti-money laundering agency satisfied all requirements for the funds to be classified as proceeds of fraud and to be forfeited to the appropriate authority.
He dismissed the claims that the $13 million was gifts received into the Oceangate Engineering Company by Ms Achimugu, adding that the woman never came to the court to show cause why the huge amount of money should not be forfeited to the government.
He held that no single person who gave the monetary gift to Aisha Achimugu to the tune of $13 million was called to testify.
The judge further held that the burden to establish genuine ownership of the money was not established by the applicant to counter the claims of the anti- graft agency that the money was the proceeds of fraud based on its investigation.
According to the judge, Oceangate Engineering Company did not show the business it undertook that fetched it the money, nor did it show whether any payment was made to it by any of its customers.
Justice Nwite had, on August 22, 2025, granted the anti-graft agency’s motion ex parte for an interim order forfeiting the sum of $13 million linked to Oceangate Ltd to the Federal Government over allegations that the fund was proceeds of unlawful activity.
The judge had then directed the commission to publish the order in a national daily for interested people to show cause within 14 days why the fund should not be permanently forfeited to the federal government.
By Adedapo Adesanya
The federal government has inaugurated a 17-member Planning Committee to coordinate the National Flag-Off of the Energise Commercialisation Now (ECoN) Initiative, a flagship programme aimed at transforming research outputs into economic value.
Speaking at the inauguration in Abuja, the Permanent Secretary of the Ministry of Innovation, Science and Technology, Mr Philip Ndiomu Ebiogeh, described the initiative as a strategic intervention to convert Nigeria’s vast research and innovation outputs into market-ready products, scalable enterprises, and job-creating opportunities.
He noted that ECoN will mobilise stakeholders nationwide to identify bankable innovations and accelerate their transition from laboratories to the marketplace, stressing that the country must move beyond theoretical research to practical solutions that drive industrial growth and national prosperity.
The Permanent Secretary disclosed that the Minister of Innovation, Science and Technology, Mr Kingsley Tochukwu Udeh, had earlier briefed the First Lady, Mrs Oluremi Tinubu, on the initiative and proposed her as a champion of the programme, with the national flag-off scheduled for Kano State.
He explained that Kano was deliberately selected due to its historic role as a commercial and industrial hub, offering strong potential to attract investment, stimulate enterprise, and create jobs.
The Committee is chaired by the Minister, with the Permanent Secretary as Co-Chairman, while the Director-General, National Biotechnology Research and Development Agency, NBRDA, and the Director-General, Sheda Science and Technology Complex, SHESTCO, serve as Alternate Chairmen.
Members include Professor Nnayelugo Ike-Muonso, Dr Kazeem Kolawole Raji, Dr Jummai Adamu, Dr (Mrs) Obiageli Amadiobi, Dr Kabiru Mu’azu, Dr Anwal Mustapha, Engr Ibiam Oguejiofo, Mr Moses Fatogun, Mr Adamu Sulaiman (a representative of SMEDAN), Dr Prince Lawrence Eze, Mr Sani Garba, Dr Muhammad Mustapha, Dr Chioma Okeke, Mr Luther Onyemkpa, Mr Charles Egumgbe, and Dr Nwankwo Nnenna serving as Secretary.
The national flag-off is proposed for late April or early May 2026, subject to Presidential approval.
The Ministry reaffirmed its commitment to positioning innovation as a key driver of economic diversification and sustainable development, in line with President Bola Tinubu’s Renewed Hope Agenda.
By Adedapo Adesanya
Switzerland-headquartered global shipping giant, Mediterranean Shipping Company (MSC), has complied with the directive of the Nigerian Shippers’ Council (NSC) to suspend the implementation of its new tariff pending consultations with stakeholders.
In a customer advisory titled Temporary Suspension of New Tariff Implementation, the shipping line stated that the tariff regime in place before the recent increase would remain effective until further notice.
Business Post reported a few days ago that freight forwarders picketed the offices of MSC, protesting the recent increase in shipping line tariffs. They blocked the regulators from accessing the MSC premises to address the matter.
Despite the protests, the council’s attempt to engage the aggrieved freight forwarders in discussions was resisted, as the protesters insisted that there was no basis for dialogue and vowed to continue the protest until the increased charges were immediately reversed.
In the latest directive, the shipping company said, “We wish to inform our esteemed customers that the recently implemented tariff adjustment has been temporarily suspended, following a directive from the NSC. This suspension is pending the conclusion of ongoing engagements and resolution with the regulator.”
“Accordingly, the tariff regime applicable prior to the recent increase will remain in force until further notice, as mandated.”
The company further assured customers that updates would be communicated once a final decision is reached by the Nigerian Shippers’ Council.
“We remain fully committed to regulatory compliance, transparency, and protecting the interests of our customers. Further updates will be communicated promptly once a definitive position is issued by the Nigerian Shippers’ Council. We appreciate your understanding and continued cooperation,” the advisory added.
NSC had warned that prolonged industrial disputes within the maritime sector could disrupt port operations and negatively impact trade and economic activities.
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