News
Court orders immediate arrest of Access Bank’s Ag MD, others for theft, contempt
Justice Ibironke Harrison of the Lagos State High Court has ordered the arrest of Access Bank’s acting Managing Director, Bolaji Agbede and three others for allegedly failing to appear for arraignment.
Access Bank logo
The judge’s order also affected Balmoral International Limited, DDSS International Company Limited, and Adejare Adegbenro.
Justice Harrison issued the arrest warrant after the Lagos State prosecution counsel, Uthman̈ Rilwan informed the court that he had served the defendants with notice, but they failed to attend the arraignment.
The Lagos State government had filed a four-count charge of conspiracy, stealing, and attempted theft against the defendants.
When the case was called, Rilwan informed the court that the day’s purpose was to arraign the defendants; however, they were absent despite receiving notice of the court date.
The prosecutor stated that on or about September 2, 2013, at Plot 1261, Adeola Hopewell Street, Victoria Island, Lagos, the defendants conspired to commit theft.
He alleged that Adejare, Balmoral, Access Bank, and Agbede stole the property of MOB Integrated Services at Plot 40b, Burdillion Road, Ikoyi, Lagos, by using it as security for a loan without the complainant’s consent and subsequently entered into a consent judgment.
Additionally, they were accused of attempting to steal the property of MOB Integrated Services on May 26, 2019, by offering and granting DDSS International Company Limited a credit facility of N1 billion.
According to the prosecutor, these offences contravened Sections 411, 280, and 21 of the Criminal Laws of Lagos State 2011.
Rilwan stated, “My Lord, this matter is for arraignment today, and the defendants have been duly served with a copy of the charge. We request the court to issue a bench warrant for the defendant’s arrest to ensure they attend proceedings on the next court date.”
Consequently, Justice Harrison issued a bench warrant against the second to fifth defendants, Balmoral International Limited, Access Bank, Bolaji Agbede, and DDSS International Company Limited.
The judge directed that the bench warrant be executed against the principal officers and adjourned the case until February 24, 2025, for the arraignment of the defendants. [newsnowonline.com]
News
Video: Niger Residents Scoop Oil From Another faulty Tanker Days After Explosion Killed 96
Just two days after over 90 people were burnt to death in a tanker explosion that also left scores injured in Niger State, residents massed around another fallen truck in another community.
The fresh incident occurred in Bida town on Monday.
In a widely circulated video online, young persons were seen milling around the broken down truck.
While some managed to scoop, others fled in different directions, apparently to prevent being caught up in an unfortunate situation.
Premium Times quoted a resident, Yinusa Jiya, as saying, “The people were not even afraid despite earlier assumption that it was petrol.”
Another eyewitness, Fatimah Mohammed, told the newspaper that the tanker was carrying groundnut oil.
“It fell around AYM Shafa filling station yesterday (Monday) and residents stole huge amounts of the groundnut oil dripping from the tanker”, she added.
The development came two days after the deadly tanker explosion that killed about 98 people around Dikko Junction, Gurara LGA, Niger State.
Daily Trust reports that the death toll from the deadly explosion has been on the rise as some persons who sustained injuries died in the hospitals where they were being treated.
President Bola Ahmed Tinubu while reacting to the situation, mandated the National Orientation Agency (NOA) to step up a campaign against scooping during such a situation.
The Nigerian Governors’ Forum (NGF) said it was worried by the casualty figures and magnitude of burns.
The Niger State Emergency Management Agency (NSEMA) said 86 bodies were mass-buried on Sunday.
Several other injured victims are still receiving treatment for first degree burns in various hospitals.
Authorities have blamed citizens for the devastating loss of lives and injuries in the explosion, saying the fire was ignited by those trying to scoop fuel.
Niger State has suffered several incidents in the past which resulted in several loss of lives.
More than 50 travellers died in a midnight tanker explosion along the Agaie-Badeggi road on September 8, 2024.
Watch video below:
https://twitter.com/i/status/1881656404005822674
News
Tinubu Gov’t Approves Construction Of New Refinery In Nigeria
President Bola Tinubu‘s government has granted a license to establish a new refinery through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
This license has been awarded to MRO Energy Limited, an energy firm, for the construction of a refinery with a capacity of 10,000 Barrels Per Stream Day to be located in Imode, Ughelli, Delta State.
Naija News reports that this announcement follows the previous issuance of a license to Process Design and Development Limited two months ago, allowing for the creation of a new refinery with a capacity of 27,000 barrels per day in the Dole-Wure area of Akko, Gombe State.
In a statement posted on its official X account on Tuesday, the authority noted, “The Authority Chief Executive, Engr. Farouk Ahmed, presented a License To Establish a 10,000 Barrels Per Stream Day Refinery at Imode in Ughelli, Delta State, to MRO Energy Limited.”
This recent development indicates that Nigeria now officially possesses approximately 11 modular and conventional refineries, thereby enhancing the nation’s refining capabilities.
Earlier this month, the Petroleum Products Retail Outlets Owners Association of Nigeria announced a partnership aimed at establishing a new refinery with an initial capacity of 50,000 barrels per day.
Nevertheless, despite the increase in the number of refineries, many remain inactive, with several not operating at full capacity or efficiency.
The Nigerian Upstream Petroleum Regulatory Commission has set a target of 770,500 barrels of oil per day for domestic refineries.
News
Notorious bandit Bello Turji frees all captives as military plan assault
Notorious bandit leader Bello Turji has reportedly released all individuals held captive by his group.
Lake Chad Basin counter-terrorism and insurgency expert, Zagazola Makama, made this announcement on Tuesday, January 21, 2025.
This information came to light following increased military operations aimed at capturing the fugitive and dismantling his network in Zamfara State and surrounding regions.
It was discovered that Turji’s decision to “free the captives is linked to the intense pressure from the Nigerian Armed Forces under Operation Hadarin Daji and Operation Forest Sanity.”
Recent airstrikes and ground offensives targeting his hideouts in Fakai, Shinkafi, and nearby areas have significantly weakened his group, leading to their retreat.
Makama stated, “The release of the captives is being seen as a strategic move by Turji to avoid further escalation or a direct confrontation with security forces who have been closing in on him.
“The troops have vowed to get him whether dead or Alive.”
-
News17 hours ago
Israeli far-right minister thanks Trump for revoking US sanctions on settlers
-
News16 hours ago
Barron Trump: Meet 18-year-old ‘possible heir’ to US President’s dynasty
-
News14 hours ago
Just in: Police nab pastor after discovering python, buried casket in church altar
-
News17 hours ago
DJ Big N recounts near-death robbery in South Africa
-
News16 hours ago
6.4 magnitude earthquake rattles Taiwan, injures 27
-
News16 hours ago
SAD: FCT commissioner of police loses son in car accident
-
News16 hours ago
Telecoms subscribers threaten to sue NCC over 50% tariff hike
-
Metro16 hours ago
Ex-convict caught with human skull in Ogun burial ground