Oil & Energy
Ahmadu Ali’s Son Re-Arraigned Over N4.4bn Subsidy Fraud
The Economic and Financial Crimes Commission (EFCC), has re-arraigned Mamman Ali, son of a former People’s Democratic Party (PDP) Chairman, Ahmadu Ali, on an amended charge of N4.4 billion fuel subsidy theft.
It was reported that the young Ali was re-arraigned before Justice Adeniyi Onigbanjo of a Lagos High Court sitting in Ikeja.
He was arraigned alongside a Sierra Leone national, Christian Taylor; an oil marketer, Oluwaseun Ogunbambo, and Nassaman Oil Services Ltd.
The defendants are facing a 13-count charge of conspiracy, obtaining money by false pretences, forgery, uttering and use of forged documents.
EFCC counsel, Mr Francis Usani, told the court the charge was amended to include Ogunbambo as a co-defendant.
He alleged that the defendants had fraudulently obtained N4.4 billion from the Federal Government between Jan. and April.
Usani said that the defendants obtained the sum as subsidy payments from the Petroleum Support Fund for purported importation of 30.5 million litres of petrol (Premium Motor Spirit).
The defendants were also alleged to have forged a bill of lading and other documents which they used in facilitating the fraud.
Usani submitted that the offences contravened Sections 1(3) of the Advance Fee Fraud and Other Fraud-Related Offences Act, 2006.
According to EFCC counsel, the defendants also breached Sections 467 and 468 of the Criminal Code Laws of Lagos State, 2003.
The defendants, however, pleaded not guilty to the charge.
The judge ordered that Ali and Taylor should continue to enjoy the N20 million bail the court granted each of them on July 26 when they were arraigned initially.
He adjourned the case till Nov. 28 for ruling on Ogunbambo’s bail application filed by his counsel, Mr Adebayo Adenipekun. (SAN).
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Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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