Oil & Energy
Witnesses’ Transfer Stalls N1.3bn Fuel Subsidy Fraud Trial
The absence of the pros
ecution witnesses last week stalled the trial of two oil marketers charged before a Federal High Court in Lagos, over an alleged N1.3 billion fuel subsidy fraud.
The accused, Chinyerem Nweze and Olaniran Ogundipe, were charged alongside their companies, Geacan Energy Ltd and Petroleum Brokers Ltd, on a six-count charge bordering on conspiracy and fraud.
The case, which was fixed for continuation of trial, could not go on as scheduled, due to the absence of prosecution witnesses.
The prosecutor, Mr Dania Abdullahi, informed the court that some of the police witnesses had been transferred out of the jurisdiction of the court.
Abdullahi, therefore, prayed the court for an adjournment to afford the prosecution adequate time to regularise the vacuum created by the transfer. The defence did not object to this prayer for adjournment.
Justice Musa Kurya, in a short ruling, adjourned the case to June 19 for continuation of trial.
The Tide gathered that the accused were arraigned on September 13, 2013.
They had, however, pleaded not guilty to the charge, and were granted bail in the sum of N1.5 billion each, with two sureties each in like sum.
The accused were alleged to have committed the offence between January and April, 2011.
They were alleged to have fraudulently obtained N1.32 billion from the Federal Government, under the pretext of having imported about 18,000 litres of petrol.
According to the prosecutor, the accused allegedly forged a consolidated Hallmark Marine Insurance Certificate, with which they perpetuated the fraud, adding that the accused never imported the products.
The offence contravenes Sections 1(1), 1(2), 3 (1), 8 (a), and 10 (1) of the Advance Fee Fraud and other Fraud Related Offences Act, Cap. A6, Laws of the Federation, 2004.
It also contravenes Section 467 of the Criminal Code, Laws of the Federation, 2004.
Oil & Energy
FG Inaugurates National Energy Master Plan Implementation Committee
Oil & Energy
How Solar Canals Could Revolutionize the Water-Energy-Food Nexus
Oil & Energy
Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.