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Fertiliser Firm Linked To Jailed Ex-Governor

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Jailed former Delta State
governor, James Ibori used front men and shell companies to acquire a hidden stake in privatised Nigerian fertiliser company, Notore, a British police detective told a London court last Wednesday.
Detective Constable Peter Clark also said Ibori had bought two apartments in Washington in 2001 worth a total of $4.43 million, previously unknown assets to add to a list of six other Ibori properties in four countries worth $11 million.
The court was shown footage of one of the properties, a palatial residence in the Nigerian capital Abuja complete with marble columns, crystal chandeliers and a private gym.
Ibori, who governed oil-producing Delta State from 1999 to 2007, was jailed for 13 years in Britain, last year after pleading guilty to 10 counts of money-laundering and fraud in one of the biggest embezzlement cases seen in Britain.
He is the most senior politician to be held accountable for the corruption that blights Africa’s most populous nation, where majority have little or no power or running water.
A three-week confiscation hearing began at London’s Southwark Crown Court on Monday during which prosecutors will present evidence of Ibori’s assets and seek court orders to have them seized.
Clark, who has investigated Ibori’s finances since 2005, said the ex-governor was linked to Notore via a shell company incorporated in Mauritius and a circle of associates.
“It is my belief that James Ibori has some sort of hidden interest in the company Notore,” Clark said.
A spokesman for Notore, who was present in court on Wednesday, denied that Ibori had hidden assets in the firm.
“He does not own shares in the company and no other shareholder or shareholders hold shares for him in trust so far as the company is aware,” the spokesman told Reuters, asking not to be named.
Shares in Oando, Nigeria’s biggest home-grown energy firm, have fallen by 10 per cent for two days in a row after alleged links with Ibori, denied by Oando.
Notore, which is not listed, grew out of the state-owned fertiliser company NAFCON which went bust in 1999. As part of a privatisation programme, Notore took over NAFCON’s assets for $152 million in 2005, according to its website.
Clark told the court that police had seized five files labelled NAFCON that linked Ibori to Notore at the office of London lawyer Bhadresh Gohil, who is serving a 10-year jail term for his role in laundering Ibori’s millions.
Gohil had incorporated a company in Mauritius under the name Notore Chemical Industries Mauritius Ltd, which Clark said appeared to be a shell company that would own part of Notore, Clark said.
Gohil had written in 2005 to Jite Okoloko, now chief executive of Notore, asking him to “confirm your instructions” regarding NAFCON and giving bank coordinates for transfers.
Gohil also wrote a memo about a visit he made to Lagos in 2005 during which he took part in a meeting with Ibori, Okoloko and Henry Imasekha, who is named as a co-conspirator in one of the two British indictments against Ibori, Clark said.
Gohil’s memo said the men discussed how equity in Notore would be split between various shareholders. They put the value of the company once it would be up and running at $1.2 billion.
A separate diagram drawn up by Gohil was described by prosecutor Sasha Wass as a “route map for the ownership of Notore”. It suggested that more than half of the firm, a stake valued at $39.7 million, would go to Ibori, Okoloko and Imasekha.
Clark testified that a 3 per cent stake was allocated to Mike Orugbo, now a member of the Notore board.
“He was a front man used to purchase NAFCON from the Nigerian government. He obtained 3 per cent to do so,” Clark said.
Ibori, who is at a maximum security prison in central England, has not attended the court hearings.

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NPA Assures On Staff Welfare 

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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