Automotive Gas Oil
Troops nab two terrorist fuel suppliers in Yobe
Troops of Sector 2 Operation HADIN KAI on Saturday raided suspected Boko Haram Terrorists logistics base in Gujba, Yobe State and arrested two fuel suppliers. The director, Army public relations, Brig Gen Mohammed Yerima, said the troops following a sting operation nabbed two suspected Boko Haram logistics suppliers and recovered 11 jerricans loaded with Premium Motor Spirit (PMS) popularly called petrol, six jerricans of Automotive Gas Oil and nine empty jerricans hidden in different locations in Gujba. He said the suspects are currently in custody for preliminary investigations and would be handed over for prosecution by relevant agencies. The Chief of Army Staff, Major General Faruk Yahaya, while appreciating the troops, enjoined them to sustain the tempo and clear all suspected fortres...
NNPC declares N13.43 billion trading surplus for November 2020
The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020. This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru Obateru said the trading surplus or trading deficit is derived after deduction of the expenditure profile from the revenue in the period under review. The report indicated that in November, NNPC Group’s operating revenue as compared to October 2020, decreased slightly by 0.02 per cent or N0.09billion to stand at N423.08 billion. Similarly, expenditure for the month decreased by 1...
EFCC docks woman for ‘N2.7 million oil fraud’
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Wednesday, July 29, 2020, arraigned a suspected fraudster, Ikujemisi Modupe Naomi, before Justice Sherifat Solebo of the Special Offences Court, Ikeja, Lagos on two-count charges of obtaining by false pretence to the tune of N2, 790,000.00( Two Million, Seven Hundred and Ninety Thousand Naira only). The sum is the value of 18,000 litres of Automotive Gas Oil (diesel), she fraudulently obtained from her victim, Miss Faith Meribe. One of the charge read, “That you, Ikujemisi Modupe Naomi, sometime in 2017 in Lagos, within the Ikeja judicial division, by false pretence and with intent to defraud, induced Miss Faith Meribe of Merit Integrated Service to confer a benefit of 18,000 litres of Automotive Gas Oil (AGO)...
Navy seizes vessel, arrests five suspects for illegal bunkering in Akwa Ibom
Sundiata Post The Nigerian Navy Ship Jubilee (NNS) on Tuesday said that it has seized a vessel used for oil bunkering and arrested five suspects in Akwa Ibom. The Commander of NNS Jubilee, Commodore Majid Ibrahim, disclosed this to newsmen during the handing over of the vessel and suspects to officials of Economic and Financial Crimes Commission (EFCC) in Ikot Abasi. Ibrahim said that the vessel was seized during an anti illegal oil patrol by the Nigerian Navy along Uta-Ewa Creek on May 18. “In line with the Chief of Naval Staff’s strategic directive and the need to secure Nigeria’s maritime domain against all forms of illegalities, the Nigerian Navy Ship Jubilee on anti illegal oil patrol arrested MT PREYOR 1 on May 18, 2020 along Uta-Ewa Creek for suspected illegal oil bunkering activiti...
