Connect with us


shell

The Federal Government is demanding $406.75 million at the minimum from the Shell Petroleum Development Company (SPDC) and its surrogate Shell Western Supply & Trading Limited for alleged crude oil theft.

The amount, according to court papers in Lagos, represents the shortfall of the money paid by the multinational oil firm in the account of the Nigerian government with Central Bank of Nigeria (CBN), for crude oil lifted in 2013 and 2014, reported the News Agency of Nigeria (NAN) yesterday.

The federal government’s legal team led by Professor Fabian Ajogwu accused the Anglo-Dutch oil multinational of not declaring or under-declaring crude oil shipments during the period, following a forensic analysis of bills of lading and shipping documents.

Ajogwu, armed with sworn affidavits of three U.S.-based professionals, claimed that Shell cheated Nigeria of the revenue.

The three professionals employed by the federal government are: Professor David Olowokere, a U.S. citizen who is the lead analyst at Loumos Group LLC, a technology and oil and gas auditing firm based in U.S.; and Mr. Jerome Stanley, a counsel in the law firm of Henchy & Hackenberg, a law firm based in U.S. and head of the legal team engaged by Loumo Group LLC.

The third professional is Mr. Micheal Kanko a citizen of the U.S. and resident of the state of Arizona, who is the founder and current chief executive of Trade Data services Company.

The experts were able to track the global movements of the country’s hydrocarbons, including crude oil and gas, with the main purpose of identifying the companies engaged in the practices that led to missing revenues from crude oil and gas export sales to different parts of the world.

In reconciling the export records from Nigeria, with the import records at ports in the United States of America, the experts found mind-boggling discrepancies.

The Nigerian government averred, for instance, that on the 6th of January 2013, the defendants lifted crude oil using the vessel AUTHENTIC and shipped same to BP Oil Supply of 28301 Ferry Road, Warrenville, Illinois, USA at the port of Chester, Pennsylvania, United States of America.

The shipment had the bill of lading number ALMYSVDM161212A3. This particular shipment, the experts unearthed, was not declared to the relevant authorities in Nigeria, resulting in a shortfall of 660,712 barrels of crude oil in the value of $72,678,320 as revenue to the Government of Nigeria.

On the 3rd of January 2013, Shell and its surrogate company lifted crude oil that resulted in a shortfall of 979,031 barrels in the value of $107,693,410.

On the 14th of December 2014, Shell also lifted crude oil using the vessel EAGLE TUSCON and shipped same to Shell Deer Park of 5900 Texas 225, Deer Park, TX77536, USA at the port of Houston, Texas, United States of America, with bill of lading number AETK0909US14.

The shipment was not declared to the relevant authorities, resulting in a shortfall of 499,048 barrels of crude oil in the value of $54,895,280 as revenue to the Nigerian Government.

Shell, with its allied company, was also alleged at three different times to have shipped crude on board EAGLE TUSCON, EAGLE SEVILLE and OVERSEAS EVERGLADES that resulted in a shortfall of 3,697,737 barrels of crude oil, bringing the total value of the shortfall to $406,751,070.

BIG STORY

Two Criminals Who Robbed, Attempted To Kill Lil-Kesh In Lagos Arrested In Kano

Published

on

The Kano State Police Command has confirmed the arrest of two suspects linked to an armed robbery and attempted murder case in Lagos.

In a statement issued on Saturday, the command’s spokesperson, SP Abdullahi Haruna, described the arrests as a major breakthrough made possible through intelligence gathering and community collaboration.

According to Haruna, the suspects — Mathew Adewole, 25, of Na’ibawa Quarters, and Mukhtar Muhammad, 31, of Unguwa Uku Quarters, Kano — were apprehended on September 11, 2025, at Na’ibawa Quarters.

During interrogation, Adewole reportedly confessed to assaulting one Lil-Kesh, a resident of Bera Estate, Chevron, Lagos, on August 19, 2025. The attack left the victim with severe injuries, including a deep neck wound.

Haruna further disclosed that the suspect compelled the victim to transfer ₦2,120,000 from his bank account via mobile phone to Muhammad’s account.

He added that, in line with directives from the Inspector-General of Police, Kayode Egbetokun, the Kano Command has been strengthening its intelligence network and deepening community policing to outpace criminal elements.

The police spokesperson noted that the suspects have since been transferred to the Lagos State Police Command for further investigation and prosecution.

Kano State Commissioner of Police, Ibrahim Bakori, praised the officers for their professionalism and acknowledged the role of the public in supporting police operations. He assured that the command will sustain efforts to maintain law and order across the state.

“The command remains committed to maintaining law and order, working closely with other security agencies and stakeholders to ensure a coordinated approach to combating crime,” the statement concluded.

Continue Reading

BIG STORY

How Police Tracked, Arrested Notorious Suspect John Samuel Who Shot, Robbed Gbenga Obama At His Epe Hideout

Published

on

Operatives of the Lagos State Police Command have arrested a notorious armed robber and alleged hired assassin, John Samuel, 28, at his hideout in Epe.

The suspect, who hails from Akwa Ibom State, was picked up on September 19, 2025, around 2:00 pm, after weeks of surveillance.

Report has it that Samuel — recently released from prison on August 18 after serving a six-year jail term for armed robbery — had, the same day, shot and wounded popular Lagos socialite Gbenga Obama at Gbajobi Street, Allen Avenue, Ikeja. He then robbed him of a gold necklace and other valuables in broad daylight.

Deputy Police Public Relations Officer, DSP Babaseyi B. Oluseyi, described Samuel as “vicious and notorious,” noting that he was known to shoot victims before dispossessing them of valuables.

Oluseyi said CCTV footage of the August 18 incident captured Samuel firing at Obama with an English pistol, before fleeing with an accomplice who waited on a motorcycle. Obama, who sustained serious gunshot wounds, has since been treated and discharged.

The suspect reportedly confessed to selling the stolen jewelry for ₦4 million — far below its market value. Police say efforts are ongoing to arrest other members of his gang.

Lagos State Commissioner of Police, CP Olohudare Jimoh, commended the operatives for their gallantry and assured residents that the suspect would be prosecuted after investigations.

The command reiterated its commitment to the safety of Lagosians, warning that “the state has no hiding place for criminals.”

Continue Reading

BIG STORY

Road To 2027: We’re Ready To Join APC, Says Kwankwaso, Gives Condition

Published

on

The presidential candidate of the New Nigeria People’s Party (NNPP) in the 2023 elections, Senator Rabiu Musa Kwankwaso, has expressed readiness to return to the All Progressives Congress (APC), but only on what he described as a “strong condition.”

Kwankwaso’s declaration ends months of speculation about his political future and has heightened tension within the ruling party and the wider political space.

The former Kano State governor made the remarks on Thursday while receiving Buhari Bakwana, a former political aide to ex-Governor Abdullahi Ganduje, who visited him alongside APC members from the 44 local government areas of Kano State.

He insisted that any talks of returning to APC or merging with it must clearly define what the NNPP stands to gain.
“If you are asking us to join APC, you must tell us what NNPP will gain,” he said.

Kwankwaso maintained that while the NNPP was open to discussions, it would not accept being “used and dumped.” He reminded the delegation of his role in establishing APC in 2013, saying he and his allies endured political persecution at the time.

“We have gubernatorial candidates in all the states and full structures nationwide. What will you offer them if we join?” he asked.
“We are ready to join APC under strong conditions and promises. We will not allow anyone to use us and later dump us.”

The former defence minister also recalled his frustrations with both APC and PDP in past alliances, accusing the two parties of breaching agreements.

“Eight years of APC under the immediate past President Muhammadu Buhari gave us nothing, not even appreciation. In PDP, we asked for just a zonal party chairman, but they refused. We left peacefully, and today we are strong and have integrity,” he said.

His latest statement contrasts with his earlier remarks at the NNPP National Executive Council meeting, where he had pledged to remain with the party despite swirling rumours of his impending defection.

Reacting to Kwankwaso’s comments, the State Secretary of APC in Kano, Hon. Zakari Ibrahim Sarina, said the party would welcome him back if he abides by party principles.

“Kwankwaso can’t come to APC to control the party that has national spread. Remember, APC is not NNPP, which he established and controls,” Sarina said.

“We are ready to welcome Kwankwaso back to APC because his return is an added advantage to the ruling party. Another reason the party will be willing to have him is the peace and tranquillity in Kano. We need social and economic development in Kano,” he added.

Continue Reading

Most Popular