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Minister of Petroleum Resources

Court refuses to order former oil minister’s arrest, demands extradition evidence

The Federal High Court in Abuja, on Wednesday, rejected the Economic and Financial Crimes Commission’s request to issue a warrant of arrest against a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, who is believed to be residing in the United Kingdom.
Ibrahim Shekarau

Appeal Court reserves judgment in Senator Shekarau, Aminu Wali’s ‘N950 million fraud’ case

The Court of Appeal, Kano Division, has reserved judgement in an interlocutory appeal filed by a former Kano State Governor, Mallam Ibrahim Shekarau, challenging the ruling of the Federal High Court Kano which upheld that EFCC has a case in a N950 million election money linked to him and others.
Pastor Osagie Ize-Iyamu

N700 million fund: I can’t return what I didn’t collect – Pastor Ize-Iyamu

The All Progressives Congress candidate for the September 19 governorship election in Edo State, Osagie Ize-Iyamu, has said he cannot refund N700m to the Economic and Financial Crimes Commission because he never collected such money to start with.
Nigeria's Diezani Alison-Madueke, Minister of Petroleum Resources and Alternate President of the OPEC

Diezani Alison-Madueke: ‘Yahoo’ boys have become role models

A former Minister of Petroleum Resources, Diezani Alison-Madueke, says societal values have disintegrated to the extent that online fraudsters otherwise known as ‘Yahoo boys’ have become role models in Nigerian society.
Mr Justice Derefaka, Technical Adviser, Gas Business and Policy Implementation to Minister of State for Petroleum Resources, says the National Gas Transportation Network Code (NGTNC) will “Go-Live” on Monday

Official: National gas transportation network code to go-live Monday

Mr Justice Derefaka, Technical Adviser, Gas Business and Policy Implementation to Minister of State for Petroleum Resources, says the National Gas Transportation Network Code (NGTNC) will “Go-Live” on Monday
4. Chairman, Caretaker Committee of the All Progressives Congress, APC, Mai Mala Buni, on Friday said that President Muhammadu Buhari has endorsed the governorship candidate of the party in the September 19 elections, Pastor Osagie Ize-Iyamu.

Omoyele Sowore slams President Buhari for endorsing Pastor Ize-Iyamu despite N700 million fraud case

#RevolutionNow activist, Omoyele Sowore, has lambasted President Muhammadu Buhari for endorsing Pastor Osagie Ize-Iyamu, who is facing corruption charges to the tune of N700 million.

Abuja Court summons former oil minister for money laundering trial

The Federal High Court in Abuja on Friday ordered a former Minister of Petroleum Resources, Mrs. Diezani Alison-Maudeke, to appear for arraignment on money laundering against her by the Economic and Financial Crimes Commission.

Ibrahim Magu failed to account for interest on N550 billion recovered loot – panel

A prior presidential panel, which investigated the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, indicted him, a report has alleged.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arraigns Malabu Oil, six others over ‘$1 billion fraud’

The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned Malabu Oil & Gas Limited, six other companies and an oil tycoon, Aliyu Abubakar, before the Federal High Court on a 48-count fraud charge.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arraigns Malabu Oil firm, others over ‘$1 billion money laundering’

The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned Malabu Oil and Gas Limited for money laundering offences in connection to the controversial oil block, OPL 245 transactions.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court restrains Nigeria from revoking Ororo marginal oil field

A Federal High Court sitting in Lagos south west Nigeria has restrained the Minister of Petroleum Resources and Department of Petroleum Resources (DPR) from revoking the Ororo Marginal Field in OML 95 pending the determination of the substantive suit filed before the court.
Ibrahim Magu

EFCC chief asks Nigerians in Diaspora to pressurise UK to turn in former oil...

The Acting Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, has asked Nigerians in Diaspora to put pressure on the United Kingdom to release former Petroleum Minister, Diezani Alison-Madueke, to face trial over alleged corruption in Nigeria.
The Economic and Financial Crimes Commission, EFCC, on Friday, May 15, 2020, handed over a property forfeited by former Minister of Petroleum Resources, Diezani Allison-Madueke to the Lagos State government for use as an isolation centre for COVID-19 patients.

EFCC hands over property forfeited by former oil minister to Lagos for isolation centre

The Economic and Financial Crimes Commission, EFCC, on Friday, May 15, 2020, handed over a property forfeited by former Minister of Petroleum Resources, Diezani Allison-Madueke, to the Lagos State government for use as an isolation centre for COVID-19 patients.
A worker fills a car's tank at the CO-OP petrol station in Cairo, Egypt April 2, 2020. REUTERS-Mohamed Abd El Ghany

Centre demands framework for fuel subsidy removal

The federal government should provide a detailed framework for its decisions to end fuel subsidy in the country and the planned oil and gas licensing round, civil society groups advocating for the reform of the country’s oil and gas industry have demanded.
President of the Senate Ahmad Lawan on Tuesday tasked top security officials to beef up security measures at the National Assembly.

National Assembly leadership meet ministers on planned 2020 budget review

The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
The Federal High Court in Lagos on Wednesday further adjourned till March 12 further proceedings in the N450m fraud trial of a Senior Advocate of Nigeria, Mr Dele Belgore, and a former Minister of National Planning, Prof. Abubakar Sulaiman.

Court adjourns Dele Belgore’s money laundering case

The Federal High Court in Lagos on Wednesday further adjourned till March 12 further proceedings in the N450m fraud trial of a Senior Advocate of Nigeria, Mr Dele Belgore, and a former Minister of National Planning, Prof. Abubakar Sulaiman.
Nigeria's Diezani Alison-Madueke, Minister of Petroleum Resources and Alternate President of the OPEC

EFCC: Diezani Alison-Madueke stole $2.5 billion from Nigeria’s treasury

Former Minister of Petroleum Resources, Diezani Alison Madueke, stole $2.5billion from the Nigeria’s treasury, Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission said.

AGF: Nigeria to recover fresh $321 million Sani Abacha loot

The Federal Government says it is set to recover a fresh $321 million stolen by a former military head of state, Sani Abacha.

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President Muhammadu Buhari on Wednesday met with a former Minister of Defence, Gen. Theophilus Danjuma (retd.).

President Buhari, General Danjuma meet at Aso Rock

President Muhammadu Buhari on Wednesday met with a former Minister of Defence, Gen. Theophilus Danjuma (retd.).
President Muhammadu Buhari, on Friday, said the Federal Government would engage the services of members of the National Youth Service Corps to champion the implementation of the Sustainable Development Goals 2030 at the grassroots.2

Eid-el-Maulud: President Buhari preaches love, honesty

President Muhammadu Buhari has urged all Nigerians to seize the opportunity of this year’s Eid-el-Maulud to reflect on the virtues of the Holy Prophet by showing love and understanding for fellow citizens.
Joe and Jill Biden voted in Wilmington, Delaware, on Wednesday

US election: Joe Biden votes in Delaware

Democratic White House hopeful Joe Biden cast his ballot in the US presidential race Wednesday in Delaware, six days before the end of a turbulent campaign pitting him against incumbent Donald Trump.

CAF president confirms candidacy for re-election

The Confederation of African Football President Ahmad Ahmad has announced his intention to run for a second term in office.

AFCONQ: Kaizer Chiefs confirm Daniel Akpeyi’s Super Eagles call-up

South African giants, Kaizer Chiefs, has confirmed that goalkeeper, Daniel Akpeyi, has received a call up for Super Eagles’ 2022 Africa Cup of Nations double-header against Sierra Leone in November.