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Court Dismisses EFCC’s Application To Cross-Examine Ex-NNPC GMD

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The Federal High Court, Abuja, yesterday, dismissed an application by EFCC to cross-examine former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu.
Justice Ahmed Mohammed, in a ruling, sustained the objection raised by Ahmed Raji, SAN, counsel to Mr Yakubu.
Raji had, on July 22, disagreed with the EFCC’s Lawyer, Mohammed Abubakar, on his plan to cross-examine his client, who is the first defence witness (DW1), based on Exhibit “J”.
Exhibit J borders on a case with suit number: FHC/ABJ/CR/121/2016, which was instituted by the anti-graft agency in 2016 before Justice Nnamdi Dimgba when Yakubu was GMD of NNPC.
The case, which is still ongoing, involves an oil company, Atlantic Energy Brass Development Ltd., in which Yakubu was initially the 7th defendant in the suit and was later dropped to become the first prosecution witness in the matter bordering on illegal lifting of crude oil.
Raji had argued that Exhibit J, which the EFCC lawyer planned to take Yakubu on, was irrelevant to the case at hand.
He objected to the propriety of the prosecution to cross-examine the ex-GMD on the exhibit which he said was tendered in respect of counts one and two whose counts had been struck out pursuant to the orders of the Court of Appeal in its judgment dated April 24.
According to Raji, counts one and two having been struck out by the Court of Appeal; Exhibit J which was tendered thereof has become irrelevant as far as counts three and four are concerned.
Our source reports that the EFCC had, in 2017, raided the residence of the ex-NNPC boss in Kaduna State and found 9,772, 800 dollars and 74, 000 pounds (9.7 million dollars and 74, 000 pounds) in a safe.
Yakubu was, however, arraigned on March 16, 2017 on six counts but was ordered by the Court of Appeal to defend counts 3 and 4 which bordered on failure to make full disclosure of assets, receiving cash without going through a financial institution and intent to avoid a lawful transaction.
The EFCC alleged that the offence contravened the provisions of Section 1(1) of the Money Laundering Act, 2011 and punishable under Section 16(2)(b) of the Act.
In his ruling yester-day, Justice Mohammed said it was not in doubt that by the judgment of the Court of Appeal alluded to above, the defendant (Yakubu) was specifically ordered to enter his defence on counts three and four only while being discharged of other counts.
“To determine whether Exhibit J is relevant for determination of counts three and four, I deem it as expedient at this stage,” he said.
Making reference to count three and four, the judge noted that it was alleged that Yakubu received the cash payments of  9.7 million dollars and 74, 000 pounds and thereby committed offence punishable under the relevant Act
Mohammed, who cited sections of the Evidence Act, described relevance as logically connected and tending to prove or disprove a matter or an issue.
He held that relevancy is the heart beat of laws of evidence.
“I equally find no hesitation in discountenancing the submission of the learner counsel to prosecution that the case applies only to civil cases,” he said.
He then upheld the argument of the defence counsel that there was a limit a party could be allowed to cross-examine a witness.
The judge ruled that Exhibit J was not relevant to the prove or disprove of counts three and four of the charge for which the defendant was standing trial.
“To allow the prosecution cross-examine the defendant on the contents of Exhibit “ J” which have already found to be irrelevant will amount to absolute waste of precious judicial time,” he said.
Justice Mohammed, who noted that counsel to the prosecution was only approbating  and reprobating in his argument, therefore sustained the objection of the defence counsel.
“The prosecution is not allowed to cross-examine the DW1 on the contents of Exhibit J which exhibit is not relevant to counts three and four now pending before the court,” he ruled.
The judge adjourned the matter until Nov. 30 for trial continuation.
NAN reports Abubakar, told the court that Exhibit J was relevant in proving whether or not there had been a predicate offence to counts three and four.
According to him, we further submit that the same Exhibit J is also relevant to some matters which DW1 has testified about both in evidence-in-chief and under cross-examination.

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We’ll Partner Private Sector to Industrialize Rivers State – Fubara …Hints Revitalization of Ahoada, Trans Amadi Industrial layout

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Rivers State Governor , Sir Siminialayi Fubara says the industrialization of the state remains a key drive of his administration.
Speaking through Director General of the Rivers  State Investment Promotion Agency, Dr. Chamberlain Peterside at the Shell Gas Limited and Manufacturers Association of Nigeria(MAN) Investors Forum held in Port Harcourt, Fubara stressed that public /private partnership is key to revive production in the state.
“We are ready to partner Shell Gas Limited to revive manufacturing in Rivers State at Ahoada Industrial Park, and the new Port City project, including the proposed Bonny Industrial Park which will grow industries along the Bonny corridor” he declared.
Part of the scheme, he further stated is to collaborate with Shell Gas Limited and the private sector to transform Rivers State into a major manufacturing hub in the South of Nigeria.
Commending Shell and MAN for leading the frontline, Sir. Fubara said,” the time to act is now  and thank God Shell is taking the lead to prioritize gas.”
The governor opined that the gas sector provides huge investment opportunities to drive the state economy as the world is gradually shifting towards gas and other environment friendly energy, while urging stakeholders to evolve an actionable gas policy for the state.
Earlier in his remarks, Shell Gas Limited Head of Gas Distribution, Mr. Chukwuka Amos-Ejesi said it is high time the state utilized its huge gas resource.
“Today gas offers investors opportunities and raises the value chain as it boosts production for industry users,” Amos-Ejesi said.
The Shell Gas Distribution executive said the company seeks to support manufacturing by adopting a user friendly approach that allows manufacturers to grow profitably with affordable cheaper energy.
He explained that natural gas provides huge potentials and aligns with federal government  policy of gas utilization.
Chairman of MAN Rivers and Bayelsa Branch, Elder Vincent Okugu described gas as the backbone of manufacturing.
He said the forum has become timely and key to address the pressing energy provision to boost production in the sector, as he lamented the high costs borne by manufacturers in sourcing energy alternatives.
In her remarks, Chairperson of  the Port Harcourt Chamber of Commerce Industry Mines and Agriculture, Dr. Chinyere Ngozi Nwoga commended Shell for the forum which she described as a bridge to reduce gap of energy provision for manufacturers.
Ngozi Nwoga said the transition to natural gas has become imperative, stressing that pipeline gas offers cheaper and smooth energy provision for industries.
Former MAN chairperson for Rivers and Bayelsa States, Mrs Emilia Akpan was of the view that the quest to provide cheap energy should be driven with technical manpower, as she emphasized  need for Rivers State to recreate its economy.
By Kevin Nengia
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SheVentures Open Zero-interest Loan Applications for Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to N10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from N500,000 to N5 million under a general category, and N5 million to N10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
Managing Director and Chief Executive of First City Monument Bank (FCMB),  Yemisi Edun,  said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively. Women-led enterprises are critical to economic activity, yet they face structural barriers.

“This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs”, Edun said.

Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB), Nnenna Jacob-Ogogo said access to affordable finance remains a major constraint for women entrepreneurs.

 

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Akwa-Ibom Launches Mega 64 Seaters Ferry Boat  June

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The Akwa Ibom State Government has confirmed that its 64-seat passenger and cargo ferry under construction at the Nigerian Navy Shipyard in Port Harcourt will be ready for delivery and test run before the end of June 2026.
The ferry project, initiated by Governor Umo Eno, is part of the state government’s drive to revive marine transportation and expand the blue economy through improved coastal transport infrastructure.
This was made known during the inspection visit to the Naval Shipyard in Port Harcourt by the State’s delivery adviser on the project, Mr. Orman Esin recently.
The project adviser said the vessel had reached about 80 per cent completion, expressing satisfaction with the pace of work and assurance from the Nigerian Navy.
Esin, accompanied by Akwa Ibom State Commissioner for Internal Security and Waterways, Major General Koko Essien (Rtd), and other government officials, described the project as a major milestone in the governor’s transportation development agenda.
The delegation said the visit formed part of efforts to ensure timely delivery and operational readiness of the vessel for deployment at the Oron Marine Terminal.
Conducting the team round the facility, Superintendent of the Naval Shipyard, Rear Admiral Ikenna Ubani, confirmed that adequate funding had been secured to accelerate the remaining phase of the project.
He expressed confidence that the ferry would be ready for test operations in June.
“All the major installations on the vessel have been fixed and only minor finishing touches are currently being carried out,” Ubani stated.
He added that the vessel would undergo final checks before sailing to Akwa Ibom State before the end of June.
Technical briefings during the inspection showed that critical components of the vessel had already been completed, including installation of zinc anodes, reinforcement of the car deck for vehicular loading, and correction of structural weldings.
Officials also disclosed that construction of the loading ramp, bridge control console, electrical wiring, navigation and communication systems, solar facilities, plumbing, and ventilation systems were progressing according to schedule.
The inspection team further reviewed plans for integrating the ferry operations with the Oron jetty infrastructure currently under development to ensure smooth deployment upon delivery.
The project also includes a manpower development component, with the state government training personnel to manage marine operations.
One of the beneficiaries of the marine training programme, Aniebiet Brendan from Ekpene Ukpa in Etinan Local Government Area, said he emerged among 20 successful candidates selected through the state’s Arise Portal after a competitive screening process involving about 200 applicants.
Brendan commended Governor Umo Eno for giving him the opportunity to pursue his ambition of becoming a marine engineer.
The ferry, which will operate from the Oron Marine Terminal, is designed to transport 64 passengers and seven vehicles, boosting commerce, tourism, and coastal connectivity within the state.
The state government also disclosed that a second ferry being constructed in Lagos by Hydromarine Boat Services Limited would soon be completed for deployment at the Oron Marine Terminal.

Enoch Epelle

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