Breaking: Lagos court jails two over N2 billion oil subsidy fraud, see photos and details

1 month ago 10
  • The Lagos State Special Offences Court sitting successful Ikeja, Lagos, sentenced 2 lipid marketers to 14 years imprisonment each for defrauding the national authorities of N2.2 cardinal nether the petroleum subsidy scheme
  • The convicts, Mamman Nasir Ali and Christian Taylor, were convicted connected a 57-count amended complaint brought against them by the EFCC
  • The defendants were re-arraigned connected March 26, 2025, alongside their company, Nasaman Oil Services Limited, aft caller grounds surfaced

Ikeja, Lagos state - Justice Mojisola Dada of the Special Offences Court sitting successful Ikeja, Lagos, connected Tuesday, May 27, convicted 2 lipid marketers, Mamman Nasir Ali and Christian Taylor.

Legit.ng reports that the 2 individuals were sentenced to 14 years imprisonment each for N2.2 cardinal lipid subsidy fraud.

Court sentences erstwhile  PDP chairman’s lad   to 14 years successful  situation  implicit    lipid  subsidy fraudFormer PDP chairman's lad and 1 different lipid marketer container 14 years jailhouse word implicit N2.2 cardinal fraud.
Source: Twitter

Court sentences ex-PDP chairman’s lad Ali

Nasir Ali is simply a lad of a erstwhile nationalist president of the Peoples Democratic Party (PDP), Ahmadu Ali.

The EFCC shared the update via its authoritative X (formerly Twitter) account.

They were re-arraigned alongside Nasaman Oil Services Limited connected an amended 57-count charge, pursuing caller findings successful the case.

The defendants had initially been arraigned connected a 49-count complaint bordering connected conspiracy to get money by mendacious pretence, forgery, and the usage of mendacious documents.

One of the counts read:

"Nasaman Oil Services Ltd, Mamman Nasir Ali, Christian Taylor, Oluwaseun Ogunbambo (now astatine large) and Olabisi Abdul-Afeez (still astatine large), connected oregon astir the 11th time of April 2011 astatine Lagos, wrong the Ikeja Judicial Division, with intent to defraud, obtained the sum of N1,480,074,125.61 (One Billion Four Hundred and Eighty Million, Seventy-Four Thousand, One Hundred and Twenty-Five Naira Sixty-One Kobo) from the Federal Government of Nigeria by claiming that the sum represented subsidy accruing to Nasaman Oil Services Ltd nether the Petroleum Support Fund for the importation of 20,492,982.50 litres of premium centrifugal tone (PMS),which Nasaman Oil Services Ltd purported to person purchased from SEATAC Petroleum Limited of British Virgin Islands and imported into Nigeria done MT Liquid Fortune Ex Mt. Hellenic Blue and Ex MT. Milleura, which practice you knew to beryllium false."

They pleaded not blameworthy to each the charges preferred against them.

They were initially lasting proceedings earlier Justice Adeniyi Onigbanjo of the Lagos state precocious tribunal sitting successful Ikeja, Lagos. However, Justice Onigbanjo withdrew from the case, thereby prompting the re-assignment of the lawsuit to Justice Dada.

During the trial, the prosecution led by Seiduh Atteh presented witnesses and tendered documents, which were admitted by the court, to beryllium its lawsuit against the defendants.

Delivering judgement connected Tuesday, May 27, Justice Dada recovered the grounds presented by the prosecution compelling and held that the actions of the defendants not lone defrauded the authorities but besides undermined the integrity of Nigeria’s lipid subsidy programme.

Tinubu explains substance subsidy removal

Earlier, Legit.ng reported that President Bola Tinubu reiterated his committedness to securing a prosperous aboriginal for Nigeria’s youth, emphasising that the removal of substance subsidies was a strategical determination aimed astatine safeguarding the adjacent generation.

Speaking astatine the inauguration of the National Youth Congress Planning Committee astatine the Presidential Villa successful Abuja, Tinubu reaffirmed that his administration’s policies are focused connected semipermanent benefits for the country’s young population.

Addressing the gathering, the President expressed assurance successful the younker arsenic the backbone of nationalist development.

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Source: Legit.ng

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