General
Okere-Urhobo Royal Families Knock Louis Okumagba over Uduaghan, Land Comments
By Henry Ovie
Key families in Okere-Urhobo on Monday took steps to foil the divisive and land-grabbing plan of one Louis Okumagba.
They also urged the people of Delta State and the general public to discountenance the false publication by Louis Okumagba completely.
“Louis Okumagba does not represent the interests of the families of Olodi, Oki and Ighogbadu of Okere-Urhobo,” they noted.
Heads and members of the Olodi, Oki and Ighogbadu families of Okere-Urhobo of Warri South spoke on prejudices of some local and foreign publishers on the land opposite Don Domingo College, Warri Monday morning.
Chief Gideon Okumagba, a representative of the three families, read the statement of the royal families aloud to newsmen.
The families accused Louis Okumagba of distortion and inciting fear in Delta State.
“The families of Olodi, Oki and Ighogbadu collectively owned landed properties in Warri.”
The Okere-Urhobo leaders said the defunct Bendel State Government acquired the land.
“The families are represented by Heads of the Kindred family and are the original land owners until the defunct Bendel State Government acquired it. The families currently have their administrative office at No 60 Okumagba Avenue Warri, where they frequently meet to deal with issues on family lands and other related family matters.”
They offered an itemized and caustic indictment of Louis Okumagba’s behaviour in Warri South.
“As one of the elders in the family, specifically related to the false claims by Louis Okumagba, I am well abreast of the issues raised in that publication. The good people of Warri are not in any war or a battle over the landed property opposite Don Domingo College, Warri. It is shameful that the said Louis is trying to incite tribal/ethnic battle in that publication.”
They promised to file a libel suit against individuals and organizations publishing Louis Okumagba’s false narrative.
“It is not true that the Alema of Warri Kingdom, High Chief Emmanuel Oritsejolomi Uduaghan, used officials of the Delta State Government to intimidate and arrest Louis Okumagba. To be candid, Chief Gideon Okumagba reported his criminal extortion of money from developers to the Police Area Commander Office in Warri.”
The statement emphasized how the matter was dragged to the office of the Inspector General of Police Abuja.
“While the case was deliberated in Abuja, Louis Okumagba jumped bail and hurriedly filed a fundamental Human Rights Application against me, the Inspector General of Police and Chief Emmanuel Oritsejolomi Uduaghan at Warri High Court just to shield himself from being prosecuted for his criminal act. I filed a counter application in that case, and in the end, the judgment was resolved in my favour, while his fundamental human rights application was dismissed with cost. Louis has been a fugitive. Since that judgment, he has not been seen within Warri.”
Particularly, the families accused Louis Okumagba of trying to sow discord amongst Deltans through falsehood.
“Louis Okumagba claimed that he has been in the forefront of the land in dispute is false and a misrepresentation of facts. And the alleged grabbing of over 30 hectares of land by the Okowa Government led by High Chief Emmanuel Oritsejolomi Uduaghan is equally false. The land was acquired by the then Bendel state for public purposes. The Delta State government has since done the needful by releasing/returning parts of the land to the Olodi, Oki and lghogbadu families, who are the rightful owners. 4.6 hectares of land was released to the family on the 26th day of June 1988, and another part of the unused land was released to the Olodi, Oki and Ighogbadu families on the 14 of January 2000. Also, the Olodi, Oki and Ighogbadu families agree with the Government of Delta State over the remaining parts of the land.”
The families told newsmen there was zero evidence for Louis Okumagba’s claims of land grabbing.
“To be more specific, the remaining portion of the land was released to Seriviri Nigeria Limited, wherein Chief Emmanuel Oritsejolomi Uduaghan is one of the directors of that company, and the said company also has an agreement with the families, and half of the land was released to the families. Indeed, the three families benefited from the land, including Louis Okumagba.”
They scolded Louis Okumagba for rendering a real disservice.
“There was never any consultation by Louis Okumagba with the well-known families of Olodi, Oki and Ighogbadu before he made that publication. It’s a futile attempt to incite the Urhobo and Itsekiri into needless bickering. There is no dispute as far as the land in this narrative is concerned. Louis should avail himself to enable the police to conclude their investigation into the crime levied against him. The land in question belongs to the Olodi, Oki and lghogbadu families of Okere-Urhobo. He should stop spreading false claims and division among the families and tribes in Delta State. If there are disputes in any land owned by these families, the heads and members of the family will collectively decide to institute an action in court.”
Last week, the families condemned the role of Chief Louis Okumagba in the 30 plots released to the Olodi, Oki and Ighogbadu families of Warri in the Okere – Urhobo kingdom of Delta State.
They described it as a negative development and a minus for peace and development in Delta State.
In a letter titled, “Attempt/efforts to cause communal war, fanning embers of communal dispute, conduct likely to cause a breach of peace and criminal defamation of characters of our clients; Olodi, Oki and Ighogbadu families of Warri in the Okere – Urhobo kingdom of Delta State, all committed by Mr Louis Okumagba – a call to investigate the allegation herein, the families urged the Inspector General of Police to use his good office to investigate allegations against Louis Okumagba, to prevent a monumental communal war/crisis between Itsekiri and the Urhobo of Okere Urhobo Kingdom.
“God forbid repeating what happened in 1997/98 in the Okere-Urhobo Kingdom.”
Counsel to the Olodi, Oki and Ighogbadu families of Warri in the Okere – Urhobo Kingdom, L O. Egboyi & CO said in 1974/76, the then government acquired a part or portion of our client’s land for public purpose.
“In 2017, the Delta State government gave part of this acquired land to Messrs. Seriviri Nig. Ltd. for partnership (Leisure Park) with the state government, covered by a certificate of Occupancy. Considering the size of the land given to Seriviri Nig. Ltd, for the partnership, could not utilize the entire land. So, it agreed with our client’s family, wherein it released 30 plots back to the family – our clients.”
The Olodi, Oki and Ighogbadu families of Warri are made up of the popular Okumagba family of Warri, Okere- Urhobo kingdom.
“Our clients are the owners of all the land in the entire Okere-Urhobo kingdom Warri. Certain Mr Louis Okumagba, who is the black sheep of the family, started to foment trouble, disturbing and threatening Seriviri Nig. Ltd, with thugs and dangerous weapons, led to his arrest in 2019 at the Police Force Headquarters, Abuja. After being granted bail by the police, the suspect (Mr Louis Okumagba) rushed to file a fundamental Human Rights action against the police at the Delta State High Court, sitting in Warri. The action stalled the prosecution of the suspect (Mr Louis) by the police.”
The families said the suit of the suspect against the Police was dismissed by the Delta State High Court, sitting in Warri, with a specific order of the Court directing the police to arrest and prosecute the suspect (Mr Louis Okumagba).
“While the Police were looking for the suspect for arrest and prosecution as directed by the Court, the same suspect went to social media (Opera news) to declare that “there will be looming danger of war/crisis between the Itsekiri and Urhobos”, thereby inciting, promoting and instigating a communal war between the two peaceful co-existing communities of Itsekiri and Urhobo.”
According to the families, this incitement created several apprehensions in the minds of locals, which has affected the hitherto peace that reigned and pervaded the two communities.
“Furthermore, the suspect posted on the same social media that some named members of our clients, namely Chief Gideon Okumagba, Stanley Oki, Chief Victor Okumagba, Engr. Prince Ojuvwu Okumagba and others sent assassins to his house to kill him, but he escaped by the whiskers. He confirmed that he had a one-on-one confrontation with the assassins, who confirmed the named members of our clients above as the people who commissioned them to eliminate him.”
The legal practitioners described Olodi, Oki and Ighogbadu as a bunch of responsible families.
“Olodi, Oki and Ighogbadu families are known throughout Nigeria for their peaceful disposition. The named individuals are distinguished and respected members of the Okumagba family and the Nigeria Society. Our clients, therefore, take the allegation of hiring assassins by its members very seriously, especially in this era of Security challenges in the country.”
The families also deplored the actions of Louis Okumagba. They urged the Inspector General of Police to use his good offices to investigate the allegations, and anyone found culpable to be brought to book.
“So, if the investigation reveals the named individuals as assassins or connected to the attempted assassination of the suspect, as he alleged, they should be indicted and prosecuted. But otherwise, the law on criminal defamation as enshrined in the criminal code and its status in Nigeria is still very potent and alive. We assure you of our client’s cooperation with your men in investigating this petition.”
General
IPMAN Urges FG to Review Fuel Import Licences Amid Rising Petrol Prices
By Adedapo Adesanya
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the federal government to review the fuel import licences recently issued to some marketers, saying the policy is driving up fuel prices, putting pressure on foreign exchange and creating instability in the downstream petroleum sector.
Speaking in Abuja, IPMAN’s National Publicity Secretary, Mr Chinedu Ukadike, said the current import regime has not achieved its goal of making fuel more affordable. Instead, he argued that it has encouraged the importation of more expensive petrol while increasing the country’s dependence on foreign exchange.
According to Mr Ukadike, some importers plan to sell Premium Motor Spirit (PMS), also known as petrol, for about N1,350 per litre, which is higher than the ex-depot price offered by the Dangote Petroleum Refinery.
The IPMAN official questioned the need to import fuel at higher prices when locally refined products are available at lower costs, noting that the situation has made it difficult for independent marketers to plan their businesses because import costs continue to fluctuate.
Mr Ukadike also raised concerns about the quality of some imported fuel and called on regulators to ensure that only products that meet Nigeria’s standards are allowed into the country.
The association warned that continued fuel imports also increase demand for the US Dollar since importers pay for products in foreign currency. This, the association said, puts additional pressure on the naira and contributes to higher fuel prices.
The association stressed that Nigeria should focus on supporting local refining to improve energy security and reduce reliance on imported petroleum products.
It noted that the Dangote Petroleum Refinery has helped maintain steady fuel supply despite global disruptions, including tensions in the Middle East.
According to IPMAN, greater use of locally refined fuel would reduce FX demand, strengthen the refining industry, create jobs and improve economic stability. It also said producing enough fuel for local consumption while exporting excess output would help Nigeria earn more foreign exchange.
The association called on the federal government, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company (NNPC) Limited and the Presidential Committee on downstream reforms to engage stakeholders and adopt policies that support domestic refining.
IPMAN said strengthening local refining remains the best long-term solution for affordable fuel, stable supply and improved energy security in Nigeria.
General
NAICOM Insists July 31 Insurance Recapitalisation Deadline Sacrosanct
By Adedapo Adesanya
The National Insurance Commission (NAICOM) has reiterated that the July 31, 2026, deadline for insurance companies to meet the new minimum capital requirements remains firm, warning operators against treating it as a mere formality.
The Commissioner for Insurance of NAICOM, Mr Olusegun Ayo Omosehin, who gave this warning, urged companies that have yet to meet the new minimum capital requirements to act with urgency.
Speaking on Friday at the investiture of Mr Akinjide Oluwarotimi-Orimolade as the 53rd President and Chairman of Council of the Chartered Insurance Institute of Nigeria (CIIN) in Lagos, Mr Omosehin said the recapitalisation exercise remained a critical pillar of the Commission’s ongoing reforms aimed at building a stronger, more resilient and consumer-focused insurance industry.
According to him, the new minimum capital requirement is designed to improve insurers’ claims-paying capacity, strengthen their balance sheets, support higher domestic risk retention and prepare the industry for a risk-based capital regime.
“With about 14 days to the July 31 deadline, we commend operators that have made significant progress in raising capital, engaging investors, strengthening governance and submitting for the Commission’s verification process.
“However, the deadline is not symbolic; it is regulatory, and the industry must treat it with the urgency it deserves,” he said.
The Commissioner assured stakeholders that the insurance sector regulator would maintain a transparent, fair and firm process, stressing that every operator must demonstrate financial soundness, regulatory compliance and operational readiness.
He added that stronger capitalisation must ultimately translate into better service delivery, prompt settlement of claims, improved consumer protection and greater public confidence in insurance.
Mr Omosehin noted that the Nigerian Insurance Industry Reform Act (NIIRA) 2025 has provided a stronger legal framework for a more resilient, better-governed and responsive insurance market, adding that NAICOM’s reform agenda is focused on market conduct, policyholder protection, governance, insurance penetration, financial inclusion and responsible innovation.
He described professionalism as the foundation of a trusted insurance market, saying the industry’s growth depends not only on adequate capital and effective regulation but also on ethics, competence, innovation and public confidence.
“The strength of insurance depends not only on capital and regulation but also on professionalism, ethics, innovation and public confidence. A trusted insurance market cannot be built on capital alone. It requires competent professionals, ethical institutions, credible advice and fair treatment of policyholders,” he stated.
General
Customs Eastern Maritime Command Auctions N26m Seized Petrol, Palm Oil, Others
By Bon Peters
About 29,645 litres of premium motor spirit (PMS), otherwise known as petrol, as well as industrial palm oil, edible palm oil and vegetable oil with a Duty Paid Value (DPV) of N26 million have been auctioned by the Eastern Marine Command of the Nigeria Customs Service (NCS).
The products were seized by the agency from some smugglers and auctioned on Thursday, July 16, 2026, at the Oron Outstation of the Command in Akwa Ibom State, in strict compliance with Section 119 of the Nigeria Customs Service (NCS) Act 2023.
It was gathered that the command auctioned 14,720 litres of petrol and 14,925 litres of industrial palm oil, edible palm oil and vegetable oil, according to a statement issued over the weekend in Port Harcourt, Rivers State, by the command’s spokesman, Mr Joshua Iliya, a Deputy Superintendent of Customs.
It was disclosed that the exercise aligned with the service’s statutory mandate to transparently dispose of seized, forfeited, and abandoned goods after all due legal processes have been completed.
The petrol had a DPV of N11.4 million, 14,200 litres of industrial palm oil with a DPV of N14.1 million, 600 litres of edible palm oil with a DPV of N840,000, and 125 litres of vegetable oil with a DPV of N141,000.
Declaring the auction open, the Acting Comptroller of the Eastern Marine Command, Mr Esien Etim Esiet, stated that the items were intercepted during successful anti-smuggling operations within the command’s jurisdiction, adding that the seizures followed direct violations of the NCS Act and other extant laws governing restricted goods.
“This exercise reflects our unwavering commitment to transparency, accountability, and the prudent management of government assets,” he stated, reiterating that, “Beyond the lawful disposal of goods, this auction serves as a stark reminder that smuggling is an economic crime.”
“It undermines national development, threatens local industries, and deprives the government of critical revenue,” he averred, commending the resilience and professionalism of the command’s officers for securing Nigeria’s maritime borders despite operating in challenging terrains.
The customs officer assured bidders that the process was structured to be fair, open, and legally compliant while offering equal opportunity to all eligible participants.


