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2027: Seyi Tinubu’s Endorsements, Obasa’s Outburst Set Tone For Lagos Gov’ship

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The endorsements of President Bola Tinubu’s son, Seyi Tinubu, ahead of the 2027 Lagos governorship election have sparked widespread debate, with significant political players weighing in, Daily Trust reports.

 

On Tuesday, the Coalition of Nigerian Youth Leaders (CONYL), a body comprising youth groups from across the six geopolitical zones, endorsed Seyi Tinubu for Lagos governor. The endorsement was announced after an extensive meeting in Owerri.

 

CONYL’s leadership, including President General, Comrade Goodluck Ibem, Secretary, Comrade Junard Abubakar, Public Relations Officer, Comrade Iniobong Sampson, and Publicity Secretary, Comrade Adeyemo Adewale, attributed their decision to Seyi’s perceived leadership qualities and the legacy of his father’s transformational governance in Lagos.

 

This sparked a cascade of similar endorsements. On Thursday, the Lagos branch of the Middle Belt Youths joined the call during a press conference at Eko Hotel. Dr Stanley Augustine Kavwam, Deputy National Publicity Secretary of the Middle Belt Forum, and Capt. Brent Kane, the group’s National Youth Leader, urged Seyi to step up in 2027, describing him as the leader Lagos needs.

 

Similarly, the Friends of Seyi Tinubu (FOST) issued a statement backing his candidacy. FOST President, Comrade Adejorin Tai Manuel, cited Seyi’s philanthropic efforts and leadership skills as proof of his readiness to govern the state.

 

The endorsements have generated intense debate, particularly on social media, where critics have dismissed the possibility of Seyi Tinubu running for office.

 

Joe Igbokwe, a prominent APC member, voiced his opposition in a Facebook post, describing the endorsements as a ploy to undermine President Tinubu.

 

“Who are these faceless people pushing Seyi Tinubu for Lagos governor? This is a needless distraction. To pull PBAT down is their target. Ruling Lagos is not the job of boys,” Igbokwe wrote.

 

Amid the growing controversy, Lagos State Speaker, Mudashiru Obasa, addressed speculation about his own gubernatorial ambitions.

 

Speaking shortly after Governor Babajide Sanwo-Olu presented the 2025 Lagos budget of N3 trillion to the House of Assembly, Obasa refuted claims of selfish ambition.

 

“I have made it a personal task to mobilise people on the platform of Mandate, which some political detractors misconstrue as a selfish aspiration to become governor. Let me state unequivocally: my focus is on strengthening our party, the APC. Becoming governor is secondary,” he said.

 

Obasa, however, dismissed suggestions that he lacked the experience to govern, stating, “Those who came before me are not better off. I am neither too young nor inexperienced to lead this state.” The speaker also denied allegations of seeking familial ties in Ojo to validate his potential candidacy.

 

Lagos APC denies rift, blames opposition for speculations

 

Meanwhile, the Lagos APC has distanced itself from the unfolding drama, insisting that the 2027 governorship election is not on its agenda.

 

Speaking to Daily Trust, the party’s state Publicity Secretary, Seye Oladejo, attributed the endorsements to opposition parties aiming to stir unnecessary controversy.

 

“The party has not spoken about the 2027 election. This is the time for impactful governance, not needless politicking to heat the polity,” Oladejo said.

 

He added that there is no clash between Seyi Tinubu and Obasa or any other potential aspirants within the party.

 

“I cannot recall any part of the speaker’s speech that drew a battle line with Seyi Tinubu or anyone else. This is simply the opposition trying to play up the situation to create unnecessary sentiment,” he said.

 

Oladejo also emphasised that the party’s current focus is on its forthcoming congress and local government elections in 2025, urging members to prioritise unity and progress.

 

But reacting, the Chairman of the PDP in Lagos, Philip Aivoji, denied the party’s involvement in the alleged endorsements.

 

“Somebody has answered from APC that Lagos governorship is not a child’s play. What do you want me to say about it again? It’s not my party. People can insinuate anything,” Aivoji said.

 

When asked about Oladejo’s allegation against opposition parties, he said, “Well, I am not the one behind it. Anyone that is behind such evil against Lagos State, that person is on his own.”

Artswax Communications, National Troupe of Nigeria to Stage “Tafawa Balewa: The Golden Voice of Africa”

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Award-winning broadcast Joirnalist and Playwright, Ola Awakan has announced the intention to stage his latest creative piece titled, “Tafawa Balewa: The Golden Voice of Africa”, to celebrate the legacies of the First Prime Minister of Nigeria, the Late Sir Abubakar Tafawa Balewa, on January 15th in Abuja, 19th January in Bauchi and January 26th in Lagos next year.

According to Awakan, the play aims to celebrate Tafawa Balewa’s immense contributions to Nigeria’s political landscape, highlighting themes of patriotism, resilience, and visionary leadership to inspire the audiences with his commendable values.

He also explained that the initiative is to equip younger generations with facts and history of Nigeria and help them resonate better with their root.

He said the play will mark the second in the series of the Tales of Legends initiative launched at the first state production of Abibatu Mogaji, performed to immortalize the mother of His Excellency, President Bola Ahmed Tinubu GCFR.

“We would like to inform you that we are already speaking with the Tafawa Balewa Family, the Ministry of Arts, Culture, Tourism and Creative Economy and other critical stakeholders on this project”, he added.

“We hope to use the Tales of Legends Series for the preservation of our beautiful heritage and history, celebrate the heroes of Nigeria, reawaken the elegant culture, tradition and value system embedded in the soil of Nigeria.

“The creative economy is a powerful tool that can be used to strengthen and revive any nation, given its viable potency. A people without proper knowledge of her history and origin is said to be living in a lost world of existence. This idea is to also strengthen the cultural education of the youth.”

While highlighting the rationale behind the unveiling of the performance, he said:” it will foster a deeper understanding of Nigeria’s rich history, promoting meaningful dialogue around our national values and ideals”.

He further explained that the theatre project will underscore the importance of the arts and culture in shaping collective identity and future of generations to come. Some of the guests at the launch are the Artistic Director of the National Troupe of Nigeria, Kaltume Bulama Gana who is also the Associate Producer, Denja Abdullahi, the artistic director for the production.

Bidemi Rufai released from U.S. prison, faces deportation after multimillion-dollar fraud conviction

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Bidemi Rufai released from U.S. prison, faces deportation after multimillion-dollar fraud conviction

Abidemi Rufai, Ogun Governor Dapo Abiodun’s associate, has been released from prison in the United States, Peoples Gazette has learnt.

 

Mr Rufai, 47, was released from the U.S. Bureau of Prisons’ custody in Fort Dix, New Jersey, on November 15, 2024, The Gazette understands via correctional documents. The convicted felon would now ready himself for deportation from the U.S. as stipulated in his guilty plea. His Nigerian passport was returned to him on October 21, 2024, after he filed a motion to reduce his sentencing.

 

When he pleaded guilty to allegations of tax fraud and aggravated identity theft in 2022, Mr Rufai waived his rights to challenge deportation after serving out his jail sentence.

 

He was sentenced to 60 months in prison on two counts of fraud in 2022 after prosecutors presented a strong case of multimillion-dollar fraud backed with 100,000 pages of evidence before a federal judge in Tacoma, Washington. The terms were scheduled to run concurrently.

 

Mr Rufai, widely known as Elele Ruffy, was scheduled to be released on Valentine’s Day in 2025 but a judge approved his motion to be released earlier based on new sentencing guidelines, and the U.S. Bureau of Prisons forwent the three months left of his sentence.

 

He was ordered to pay $607,000 in restitution to the U.S. government agencies across multiple states, and a Nigerian court ordered the seizure of his Lekki mansion in Lagos and bank accounts after the anti-graft office EFCC filed fraud charges against him.

 

Mr Rufai was widely known as a notorious Internet fraud ringleader in Lagos and Ogun for many years before he extended his fraudulent operations to the U.S., where he got nabbed.

 

He served in the same prison as infamous Internet fraudsters Ramon ‘Hushpuppi’ Abbas and Jacob Olalekan Ponle, also known as Mr Woodberry, who are still serving long sentences in American jails.

 

It was not immediately clear whether or not Mr Rufai would return to his job as an aide to Mr Abiodun in Ogun. The governor was arrested for fraud in Florida over three decades ago, but his punishment was unclear.

Appeal Court Sacks MC Oluomo As NURTW President

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The Court of Appeal, Abuja Division, has declared Alhaji Tajudeen Ibikunle Baruwa as the legally recognised President of the National Union of Road Transport Workers (NURTW).

 

The Court also okayed the judgement of the National Industrial Court delivered on March 11, 2024, in respect of Suit No. NICN/ABJ/263/2023, which declared Baruwa as NURTW president.

 

The court held that the appeal filed by Alh. Najeem Usman Yasin, Alh. Tajudeen Agbede and others challenging the decision of the Industrial Court that recognised Baruwa as President lacked merit and therefore dismissed it.

 

The three-member panel of Justices, Hamma Akawu Barka, Nnamdi Dimgba and Asmau Ojuolape Akanbi, consequently declared Baruwa as the legally elected President of the union.

 

The appellate court also awarded the sum of N100,000 against the Appellants who are loyalists of MC Oluomo in favour of the Respondents.

 

Baruwa at a press conference described Oluomo’s inauguration as not only laughable, but also an affront on the judiciary as it violated the March 11 and November 8 judegments of the National Industrial Court and Court of Appeal, which restrained the Yasin-led faction from interfering in the activities of the union and the day to day administration of Baruwa-led National Executives of NURTW.

 

He said NURTW is a creation of the law with an approved constitution that stipulates the guidelines for elections into offices.

 

He called on Inspector General of Police and Attorney General of the Federation to intervene to ensure the enforcement of the Appeal Court judgement in the interest of peace, order and tranquillity, and the rule of law.

Tears as Lagbaja buried in Abuja, gets posthumous national honour

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Emotions ran high as the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, was laid to rest at the National Military Cemetery in Abuja, on Friday.

 

The ceremony brought together family, colleagues, and dignitaries to bid a final farewell to the late army chief.

The grief-stricken family members and colleagues struggled to contain their tears.

 

Even the nose mask worn by his widow, Mariya, couldn’t conceal the steady stream of tears that dropped from her eyes.

 

The procession began at precisely 3:00 p.m. when Lagbaja’s remains arrived at the cemetery.

 

President Bola Tinubu, Vice President Kashim Shettima, Senate President Godswill Akpabio, Chief of Defence Staff, Gen. Christopher Musa, Minister of Defence, Mohammed Badaru, and the Inspector General of Police, Kayode Egbetokun, each took turns laying wreaths at the grave.

 

Speaking at the event, the Chief of Defence Staff, Musa, assured Nigerians that Lagbaja’s death would inspire the military to defeat the nation’s enemies wherever they may be.

 

Musa stated that the military took solace in the fact that the late army chief lived a purposeful life, urging the troops to honour his memory by committing themselves to the ideals he stood for.

 

Musa said, “We will not leave you alone. We know your loss is immeasurable, but please take solace in knowing that he lived a life of purpose and left behind a legacy that will never fade. To my fellow officers and men, let us use this moment to recommit ourselves to the ideas for which General Labaja stood for.

 

“Let us ensure that his sacrifice and service continue to guide our steps as we defend this great nation. We are going to use his passing away to resolve further to defeat all enemies of the state, wherever they are, whether within or outside. As we lower him today into the embrace of the earth, let us raise our voices in prayer and gratitude for a life well lived. “

 

Reflecting on Lagbaja’s tenure, Musa noted that he took bold and decisive actions against terrorists, bandits, and other threats.

 

He said, “His tenure was marked by decisive actions against insurgency, banditry, and other threats to our nation’s peace. His efforts significantly enhanced the operational readiness and the morale of the Nigerian Army. But beyond his professional achievement, General Labaja was a man of profound faith, kindness, and humility.

 

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“His commitment to safeguarding our nation’s sovereignty and ensuring the security of our citizens was unwavering. From his early days as a young officer to his ascension to the esteemed office of the Chief of Army Staff, General Lagbaja consistently demonstrated a rare blend of intellect, bravery, and humanity. He understood the complexities of modern warfare and the need for innovation in our strategies.

 

“Yet, he never lost sight of the human element, the men and women who serve under the flag and the citizens whose freedom they defend.

 

In his remarks, the Minister of Defence, Muhammed Badaru, said Lagbaja embodied the core values of soldiering and served Nigeria without reservation for over 30 years.

 

Badaru said the late army chief was not only courageous but also an inspiring leader who lived from the front, exemplifying his tedious dedication to the service of the nation.

 

At the event, Tinubu conferred a posthumous national honour, Commander of the Federal Republic, on Lagbaja.

 

Tinubu said the conferment was to appreciate Lagbaja’s service to the nation.

 

The President described Lagbaja as one of his best appointees.

 

He said, “Lagabaja was a true soldier, a general and officer who symbolised the best of his profession and whose commitment to the nation he loved was singular and undiluted.

 

“He was more than I could have hoped for. He was one of my best appointments. Lieutenant General Lagbaja embodied the finest ideas of a patriot and a soldier. He had an abiding faith in the capability and readiness of our armed forces to save and keep us”.

 

Tinubu described Lagbaja as a trusted advisor, adding that he was a man of prudent action who cared about the nation and the men who served under him.

 

“He displayed uncommon valor in the charge of his duty and the administration of the rank and file for he cared about their welfare and that of their families.

 

“For me, he was a trusted advisor whose formidable intellect and breadth of knowledge served this nation well,” he added.

MultiChoice writes off $21m deposited in defunct Heritage Bank

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MultiChoice Group Limited has written off $21m deposited in Nigeria’s Heritage Bank following the financial institution’s liquidation earlier this year.

 

This disclosure was contained in the company’s interim financial statements for the half-year ending September 30, 2024.

 

The sum was classified as irrecoverable after the Central Bank of Nigeria revoked Heritage Bank’s operating licence, effectively shutting down the institution.

 

The financial statement document read, “Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held with the bank.”

 

MultiChoice’s decision to write off the funds underlines the difficulties faced by businesses navigating Nigeria’s financial sector, particularly amidst an unstable economic climate.

 

Nigeria remains a challenging terrain for MultiChoice, with the group grappling with soaring inflation, and a continuously depreciating naira.

 

The company also reported lower cash remittances from Nigeria, extracting only $65m during the period under review, compared to $91m in the same period last year.

 

Exchange rate losses further compounded the financial strain on the group’s operations in its largest African market.

 

It noted, “The further depreciation of the naira against the US dollar has resulted in further foreign exchange losses on non-quasi equity loans (on the USD-denominated intergroup loan from MultiChoice Africa Holdings B.V. to MultiChoice Nigeria Limited), contributing to the ZAR2.1bn (1H FY24: ZAR2.4bn) recognised in the condensed consolidated income statement.

 

“The group extracted USD65m from Nigeria in the period (1H FY24: USD91m) at an average rate of NGN1,516:USD (1H FY24: NGN794:USD), incurring extraction losses of USD1m or ZAR20m (1H FY24: USD28m or ZAR518m) in the process.

 

“The group held USD11m in cash in Nigeria at period-end, down from USD39m at end FY24, a consequence of consistent focus on remitting cash, the impact of translating the balance at the weaker naira and the write-off of the USD21m receivable relating to the cash held with Heritage Bank before its license was revoked and the bank was liquidated.”

 

The firm also noted that Nigeria accounted for 63 per cent of the MultiChoice Group’s subscriber losses in its Rest of Africa segment since FY23.

 

The decline, largely driven by severe economic pressures including inflation and the weakening naira, highlights Nigeria’s substantial contribution to the overall reduction in the subscriber base.

 

From FY23 to 1H FY25, active subscribers in the Rest of Africa dropped significantly, with Nigeria showing a net loss of 1.1 million.

 

Multichoice Group, owners of DSTV, had earlier said that it had an account balance of N31.6bn with Heritage Bank, before the bank’s liquidation.

 

The PUNCH recently reported that the Nigeria Deposit Insurance Corporation announced plans to sell off properties and assets belonging to the defunct Heritage Bank in a bid to recover funds for uninsured depositors.

 

This move, which the NDIC describes as crucial, is part of its statutory mandate as the liquidator of failed banks under Section 62(1)(d) of the NDIC Act, 2023.

 

The exercise, scheduled to begin on December 4, 2024 will involve competitive bidding for the bank’s landed properties and chattels located at 36 sites nationwide.

 

 

Adetshina shines with cultural attire at Miss Universe

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Miss Nigeria 2024, Chidimma Adetshina, graced the stage at Miss Universe Nigeria 2024 with an enchanting traditional outfit that creamed elegance and history.

 

At Miss Universe, there are different days for different tasks, and on November 14, 2024, the beauty queens were saddled with the task of representing their nations in an enchanting cultural attire and Chidimma took it very personally.

 

The outfit

Chidimma’s attire was a stunning fusion of traditional Nigerian elements with a modern twist. She was dressed in a flowing garment featuring bold patterns and a colour palette of black, gold, red, and earth tones, evoking a sense of cultural depth and richness.

 

The design infused symbolic motifs and abstract artwork, likely inspired by African history and heritage and creating a visually impactful narrative.

 

The most striking element is the elaborate headpiece, designed like a radiant crown with large, golden afro combs fanned out in a halo shape.

 

These combs are connected by black and white beads, emphasising the significance of natural hair and traditional African adornment. The headpiece, paired with the choker made of large cream-coloured beads, adds an air of regality and pays homage to ancient African queens.

 

The outfit was more than just attire; it’s a bold cultural statement that celebrates African beauty, resilience, and royalty. The design beautifully blends artistry with heritage, making it perfect for a prestigious event like Miss Universe.

 

Miss Universe

Miss Universe is no small feat—it’s the global stage where beauty meets intelligence, talent, and purpose. This year’s competition brought 90 contestants from across the globe, but Chidimma ensured all eyes were glued to her as she showcased her culture with a bold smile that said, “I carry my country with pride.”

 

However, Chidimma’s journey here wasn’t without drama. She was disqualified from Miss S.A, pageantry because of her identity as Chidimma. Miss Nigeria pageantry organisers decided to include her in Nigeria’s pageantry and she came out a winner.

 

Before and after the competition, Chidimma faced xenophobic hostility from South African locals which resulted in her deleting her X account.

 

In a twist no one saw coming, Miss South Africa, Mia Le Roux, bowed out of the competition amidst health concerns. This withdrawal sent shockwaves across the internet and netizens have reacted in a much funny way.

 

For some, it’s the God of Chidimma doing wonders to South Africans, to others, Nigeria’s “senior mothers” have taken Chidimma’s case personally, and others are sympathetic towards Miss S’A’s health.

 

With Chidimma’s head held high and her cultural crown shining, Chidimma proved that grace and strength make the ultimate beauty statement.

INTERVIEW: Uzoamaka Onuoha on her win as Best Actress, AFRIFF 2024

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There’s magic in witnessing a performance that leaves an unforgettable mark on your heart. This year, at the Africa International Film Festival (AFRIFF), Uzoamaka Onuoha stood out, delivering a performance so raw, so real, and so unforgettable that it earned her the Best Actress award.

Winning Best Actress at AFRIFF isn’t just about a trophy – it’s a celebration of hard work, dedication, and a deep love for storytelling. For Uzoamaka, this award is a reward for years of passion and perseverance. Her role in Agemo, where she played the lead character, Agatha, was a masterclass in emotional depth and authenticity.

 

In our conversation, she spoke candidly about her journey to this moment, and what this recognition means for her career moving forward.

 

This interview has been edited for clarity and length.

 

Congratulations on your win! What was the first thought you had when you found out you emerged winner?

I mean, it felt great. For some reason, I just couldn’t stop cracking up. I was laughing. I did watch my film Agemo so I knew we had something in hand. We had done something good, something incredible. The nomination didn’t come as a surprise to me because this is good work. But the win was just like a great moment. At the end of the day as a creative, for me, it’s just me working. We are not really expecting a nod, we are just working and just doing our best. The recognition was really beautiful. It was like a pat on the back. I kept smiling and laughing.

How did you prepare for this role, and what part of it felt the most challenging or rewarding for you?

My preparation was intertwined with constant interaction with my director because it was his vision. It was a story created by him and written by Esther. I needed to know where his head was. Normally when I get a script, I do a run-through and get an idea of what it is. Next, I discuss it with the director so I know if what I read is in alignment. We had enough meetings before the actual production. This is the best set I ever came on. It was collaborative, we bounced ideas off each other. Whatever I felt was tasking, I knew I wasn’t going to carry the burden alone. We had limited time to shoot and we were running on adrenaline to do this. What kept us going was the collaboration. The rewarding aspect was coming every day on set and knowing you had something in the bag.

 

What does winning Best Performance mean to you personally and for your career?

It means so much to me. I am an artist who was nominated alongside incredible artists. I don’t know what it means yet for my career. I am hoping for something incredible and something great along my journey. Being nominated is a pat on the back. It’s saying, I see you, you did good work, and this is an exceptional film. I watched my film and I said, “Uzoamaka Onuoha well done.” The visibility too is great and we’re hoping for better opportunities. I came into this line of work wanting to tell stories and that is what has kept me going. If I get bigger and better opportunities and tell stories, I will do that. That is what I am hoping for.

 

Who has been your biggest inspiration in the industry, and what advice have you found most valuable in your journey?

I watch everyone and everything. Cate Blanchet, Hrithik Roshan, I love that he acts with his eyes. Halit Ergenç, Jeremy Irons. I believe there’s something to learn even if the actor might not be great, I don’t mind. I watch actors and works from as old as the 50’s. But these actors inspire me. In Nollywood, Femi Adebayo is my favourite at the moment. I loved him in King of Thieves and Jagun Jagun.

 

AFRIFF is all about celebrating African cinema—how do you see your role contributing to this mission, and what excites you about the future of African film?

It’s such a growing industry. One of my hashtags is #africanstoryteller. That’s reflected in my art. I am African first of all and I believe we have lots of stories to tell. There’s so much to translate in our art and AFRIFF is such a great initiative when it comes to pushing the culture forward. It is one of the awards I regard and hold in high esteem. If they give you your flowers, you really deserve to sit. I feel like the future of African cinema is great. The films that screened in AFRIFF this year, my goodness; you know the future is safe–incredible filmmakers, it was absolutely beautiful. It’s because of initiatives like this. It inspires filmmakers to do things like this. They paid attention this time. I’m thankful to be part of the movement.

 

What was it like working with the cast and crew on this film? Any memorable behind-the-scenes stories you’d like to share?

I’m an avid promoter of the crew members. In every set I have been to, the crew members have always been good. On the set of Agemo, we had crew members who wanted to do their work and do it well. Sometimes you can be on set and not know what they are doing but this set; everyone was on their toes. They loved the story. We had a director who was a leader. If you have your directing right and the right producer, things will show. The set worked so well becauses we had crew members who made collaboration easy.

 

As a fast-rising star, how do you handle the pressures of the spotlight, and what keeps you grounded?

I’m not handling the fame. Maybe I’m the one that is not seeing the fame. I’m just doing my work. In all honesty, that’s not what I’m in the game for. When the fame comes, we go know. For now, I don’t think it’s there. If it is, I don’t see it. I’m working on my craft and keeping my feet on the floor. The journey still goes on. There is a bouquet, I’ve been given one stem and as I go higher it’ll keep getting bigger until I get my flowers. When I see the fame, I’ll let you know.

 

Where do you see yourself going from here? Are there any dream roles or projects you hope to tackle?

There are so many roles and I am very imaginative with these roles. I just stay and act it out by myself. The hope is to get more good jobs, more channels and avenues to be translative in my art. For now, the goal and the objective is to do roles that challenge me. I watched Agemo, and there was a scene that ended and a tear just dropped from my eyes. The vision is to watch yourself and truly forget that this is you, to watch yourself and say this resonates with someone out there. There are lots of characters I want to play.

 

Lastly, what message would you give to young actors looking to follow in your footsteps?

Focus on your art. Be all about your art. If you’re great at your art, the accolades will come. The flamboyance that comes with the job will be found but first things first is to develop your art. Whatever will come to you will come to you. If you’re not being a better actor than you were yesterday, then what’s the point? You never stop learning. I haven’t stopped learning. I still attend acting classes. If you keep looking over your shoulder, looking for who will clap for you or bother about what is happening in other people’s lives, you won’t grow. If someone is winning, be happy for them. Find out what they are doing right, and learn from them. Pray. Going on this journey, your mental health will hang on a balance but keep working at it. Keep building.

Credit: Pulse

Brooks Eti-Inyene

FBI launches manhunt for Nigerian fraudsters who stole $60 million from top global carbon supplier

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FBI launches manhunt for Nigerian fraudsters who stole $60 million from top global carbon supplier

 

The FBI has launched a manhunt for suspected Nigerian fraudsters who allegedly swindled Orion, an energy company, of millions of dollars, specifically $60 million, according to Securities and Exchange Commission (SEC) filings on August 10.

 

Although the SEC withheld the names of the fraudsters and their personal identifying information to avoid spooking them into hiding before their arrest, law enforcement agents told Peoples Gazette that the fraudsters were of Nigerian descent.

 

The suspects stole $60 million from Orion, a Luxembourg-based company that produces carbon black, a major material for making tyres, ink, batteries, plastics and more.

 

An SEC filing showed that the suspect targeted an Orion employee in the scheme and used him as bait to make fraudulent wire transfers from the company to other accounts under their control, a criminal tactic that many Nigerian fraudsters have adopted.

 

“Orion S.A. (the “Company”) determined that a company employee, who is not a named executive officer, was the target of a criminal scheme that resulted in multiple fraudulently induced outbound wire transfers to accounts controlled by unknown third parties,” SEC filing stated on August 10. “As a result of this incident, and if no further recoveries of transferred funds occur, the Company expects to record a one-time pre-tax charge of approximately $60 million for the unrecovered fraudulent wire transfers.”

 

In a similar scheme, Ramon Abbas, also known as Ray Hushpuppi to his millions of Instagram fans, and his partner Woodberry, whose real name is Olalekan Ponle, were jailed for coordinating multimillion-dollar scams involving business email compromise schemes by the U.S. government.

 

The two fraudsters are serving their respective sentences at the Fort Dix correctional facility for scamming individuals and companies in similar fraud schemes.

 

In October, The Gazette reported that the FBI contacted their Nigerian counterpart, EFCC, to track down two fugitives wanted for scamming the American healthcare system of $13 million.

 

Babatunde Shodiya and Yinka Jamiu targeted at least four Minnesota-based health service providers and tricked them into paying $13 million to a manipulated account rather than the intended beneficiaries.

 

Via The Gazette

NNPC Ltd Announces 1.8mbpd Production, Eyes 2mbpd by Year End

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The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd).

 

The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the mandate of President Bola Ahmed Tinubu.

 

Speaking on the development, the Group Chief Executive Officer, Mr. Mele Kyari, congratulated the Production War Room Team that anchored the production recovery process.

 

“The team has done a great job in driving this project of not just production recovery but also escalating production to expected levels that are in the short and long terms, acceptable to our shareholders based on the mandates that we have from the President, the Honourable Minister, and the Board,” Kyari explained.

 

Giving details of the efforts of the Production War Room, the Chief War Room Coordinator and Senior Business Adviser to the Group Chief Executive Officer, Mr. Lawal Musa, disclosed that the feat was achieved through the collaborative efforts of Joint Venture and Production Sharing Contract partners, the Office of the National Security Adviser, as well as government and private security agencies.

 

He said the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.

 

He stressed that when the Production War Room team was inaugurated on the 25th of June 2024, production was at 1.430mbpd, but the team swung into action, culminating into it sustaining the production recovery to 1.7mbpd in August and hitting the current 1.808mbpd in November.

 

“We are confident that with this same momentum and with the active collaboration of all stakeholders, especially on the security front, we can see the possibility of getting to 2mbpd by the end of the year,” he stated.

 

Also speaking on the development, Chairman of the NNPC Ltd. Board of Directors, Chief Pius Akinyelure, who also congratulated the team, said he was happy to be part of the production recovery process, adding: “today, I will leave this place with my heart full of joy”.

 

He charged the Company’s Management to come up with a cashflow projection based on the new production figures to facilitate planning, stressing that he was looking forward to further production increase to 3mbpd.

 

On his part, the Honourable Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, expressed satisfaction with the performance of the team and pledged the Federal Government’s support for the company to do more.

 

Olufemi Soneye

Chief Corporate Communications Officer

NNPC Ltd.

Abuja

 

14th November, 2024