Subsidy Regime of Controversy 2014-07-01 MICHAEL EBOH A of years now the Federal Government has mused over the removal of subsidy on some petroleum products, notably, premium motor spirit, PMS or petrol and household kerosene, HHK, simply called kerosene. Datelines have been pushed yearly, and now pegged at 2015. However, attempts to remove the fuel subsidy, supported through the Petroleum […]
In what may be its biggest haul of suspected economic criminals till date, the Economic and Financial Crimes Commission (EFCC) has arraigned 121 suspects, including companies, for alleged fuel subsidy scam and oil theft in the Niger Delta. EFCC EFCC Boss It has also recovered about N6.53 billion from evaders of customs duties at the Lagos ports. EFCC’s Head of […]
N976.6m Fuel Subsidy Fraud: EFCC Files Amended 10-Count Charge Against Oil Marketer — June 25, 2014 The Economic and Financial Crimes Commission (EFCC) on Wednesday filed an amended 10-count charge against an oil marketer, Habila Theck, who is facing a N976.6 million fuel subsidy fraud charge. The charge was filed against Theck and his company — Fargo Petroleum and Gas […]
JUNE 25, 2014 BY FRIDAY OLOKOR A civil rights organisation, Africa Network for the Environment and Economic Justice, has asked President Goodluck Jonathan to show courage by bringing to justice all suspects involved in the oil subsidy theft, irrespective of their religious, political and ethnic cleavages. According to ANEEJ, the government must immediately resume and fast-track the prosecution of individuals […]
Gentlemen of the press, I welcome you all to this important press briefing to reflect on a major issue that drew the attention of all Nigerians in January 2012-Oil subsidy fraud and corruption cases of unimaginable proportion. We would also reflect on the current political impunity in Nigeria which is threatening both our hard earned democracy and the unity of […]
Stakeholders in the nation’s oil and gas sector urged President Goodluck Jonathan to demonstrate the political will to prosecute companies and individuals indicted by the Lawan Farouk and Nuhu Ribadu Committees on oil subsidy fraud and corruption. The stakeholders made this urge at a two-day workshop on monitoring and reporting of oil subsidy/corruption cases in Nigeria, saying there should be […]
BY MICHAEL EBOH The Federal Government has been called upon to set up a special financial crimes unit for the oil and gas sector to deal with corruption in the sector, especially in the area of fuel subsidy. This was contained in a communiqué issued at the end of a two-day workshop on monitoring and reporting of oil subsidy fraud/corruption […]
BY EJIOFOR ALIKE As part of its advocacy against impunity in oil subsidy regime in Nigeria, the Africa Network for Environment and Economic Justice (ANEEJ), with support from Justice for All (J4A), has urged President Goodluck Jonathan to demonstrate the political will to prosecute all companies and individuals indicted by the Lawan Farouk and Nuhu Ribadu Committees on oil subsidy […]
Posted by caleb ABUJA – CIVIL Society Groups has decried the slow pace of prosecution of suspects in the fuel subsidy cases by the courts, resulting in to no convictions, more than two years after their indictment by various probe panels. The Africa Network for Environment and Economic Justice (ANEEJ) said that this justified the fuelling speculations that children of […]
Civil Society Organisations (CSOs) across the country have urged the Federal Government, Economic and Financial Crimes Commission (EFCC) and the Special Fraud Unit (SFU) of the Nigeria Police, among other anti-corruption agencies, to brace up and tackle the fuel subsidy frauds, which have been lingering in different courts. The CSOs, which included Nigeria Network of Non-Governmental Organisations (NNNGOs), Socio- Economic […]