Connect with us

News and Report

Court: Order Against MKO Abiola’s Daughter Dr. Wuraola Abiola, others subsist……..

Published

on

Federal High Court in Lagos yesterday dismissed an application by Duport Energy Company.

The motion sought to set aside an order restraining Chief MKO Abiola’s daughters – Mrs Mobolaji Kuku, Dr. Wuraola Abiola and two directors – from interfering in the running of an energy developing firm, Duport Midstream Company Limited.

Justice Nicholas Oweibo held there was no urgency to the application.

In a related suit, Justice Ambrose Lewis-Allagoa, earlier restrained Dr. Abiola and three directors of Duport Midstream – Oluwatosin Odusanya, Mobolaji Kuku and Oladipo Adeniyi – from interfering in running the company.

The order, based on a motion ex-parte dated and filed on April 25, restrained the second to fifth respondents and their agents “from interfering in the day-to-day running of the plaintiff /applicant, pending hearing and determination of the Motion on Notice”.

Dissatisfied, Duport Energy sought to set aside the order during vacation, but Justice Oweibo held it was not urgent.

The case was adjourned till August 24 for Duport Midstream’s contempt application.

Earlier, in a sister case, Justice Oweibo set aside an ex-parte order obtained by Duport Energy in a suit it filed over control of Duport Midstream and others.

The court ruled on an application filed by Duport Midstream’s lawyer, Chief Bolaji Ayorinde (SAN).

Justice Oweibo held that Duport Energy obtained the order by misrepresentation and concealment of material facts.

Duport Energy, an 18 per cent shareholder, in concert with others, is allegedly aiming to take control of the management of Duport Midstream Company through its minority shareholding.

It was alleged in a bid to achieve the takeover, the minority directors subjected all decisions regarding the company’s day-to-day running to board deliberations.

Platform Capital Investment Partners Limited, majority shareholder of Duport Midstream Company with 74 per cent shareholding, sought to remove the “disruptive directors” from the board.

But Duport Energy sought to prevent their removal and filed the suit despite the initial suit at the instance of Duport Midstream on the same subject matter.

The latest ruling brings to three orders in favour of Duport Midstream and the Chairman of Platform Capital, Dr. Akintoye Akindele.

Despite the orders, Dr. Akindele remains in police detention based on a petition allegedly by Dr. Abiola and Mr. Odusanya over an unpaid condensate supply invoice.

News and Report

Former Governor Ifeanyi Okowa, Spends Second Night In EFCC’s Cell Over N1.3 Trillion Alleged Fraud

Published

on

By

 

Immediate past governor of Delta State, Ifeanyi Okowa, who was arrested and detained by the Economic and Financial Crimes Commission (EFCC) has spent second night in the custody of the anti-graft commission.

 

Okowa is currently being investigated and detained over the alleged diversion of N1.3 trillion.

 

The N1.3 trillion reportedly represents the 13% derivation fund from the federation account between 2015 and 2023.

 

According to sources within the commission, Okowa was invited to the EFCC office in Port Harcourt, Rivers State, where he’s subsequently detained by officials.

 

One of the sources stated, “Okowa was at our Port Harcourt office following an invitation from investigators probing the allegations against him. He was then arrested. The commission is investigating him regarding the N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.

 

“He is also accused of failing to account for the funds, as well as another N40 billion he allegedly claimed was used to acquire shares in UTM Floating Liquefied Natural Gas. He reportedly bought shares worth N40 billion in one of the country’s major banks, representing an 8% equity stake, to support the offshore LNG project. The funds are alleged to have been misappropriated for other purposes.

Investigators are also examining the alleged diversion of funds by the former governor to acquire estates in Abuja and Asaba, Delta State. He is currently being held at the EFCC facility in Port Harcourt.

Continue Reading

News and Report

Lagos Government Shuts Down Redeemed Church, Celestial Church, Clubs, Event Centres Over Noise Pollution

Published

on

By

The Lagos State government has shut down a branch of Pastor E. A. Adeboye’s Redeemed Christian Church of God, a Celestial church, nightclubs and event centres over noise pollution.

The Commissioner for Environment and Water Resources, Tokunbo Wahab, who made this known on Wednesday, said the churches, clubs and event centres were sealed on Tuesday by the Lagos State Environmental Protection Agency (LASEPA) in the Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota areas of the state.

The sealed establishments include: Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Lounge & Lodging, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.

The commissioner in a post on X said, “In a bid to address noise pollution and other environmental violations, the Lagos State Environmental Protection Agency (LASEPA) took action yesterday, closing down several establishments across different parts of the state.

“This enforcement drive, focusing on areas like Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota, is part of LASEPA’s continuous efforts to uphold environmental standards and safeguard public health.

“The affected establishments include Honourable Lounge & Lodging, Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.”

 

Continue Reading

News and Report

Gen. Taoreed Lagbaja: Tinubu directs flags be flown at half-mast

Published

on

By

President Bola Tinubu has directed that Nigeria’s national flags be flown at half mast for seven days across the country to mourn the passing of the late Chief of Army Staff, Lt. Gen. Taoreed Lagbaja.

The late Army chief, who was appointed by Tinubu on 19 June 2023, was said to have passed away on Tuesday night after a prolonged illness.

The Secretary to the Government of the Federation, George Akume, in a statement on Wednesday by his office Director of Information & Public Relations, Segun Imohiosen, said the president expressed regret over Lagbaja’s death.

Akume said, “President Bola Tinubu has expressed regret following the death of the Chief of Army Staff, Lieutenant General Taoreed Abiodun Lagbaja, after a brief illness at the age of 56.

“The President has directed that national flags be flown at half mast throughout the country for seven days in honour of the departed Army chief.

“He profoundly appreciates the services of the departed to the nation and wishes the family the fortitude to bear the great loss.”

Meanwhile, the Ministers of Defence, Mohammed Badaru and Bello Matawalle, have commiserated with the president, the military, and Lagbaja’s family over his death.

In a statement by the Ministry’s spokesperson, Henshaw Ogubike, the ministers described Lagbaja’s death as a great loss to his family, the Army, and the nation at large.

“The passing on to eternal glory shocked us at the Ministry of Defence, as our working relationship with him was commendable; he exhibited the spirit of camaraderie and cooperation with us in the discharge of our mandate.

“The late Chief of Army Staff contributed significantly to internal security operations across Nigeria and also exhibited a high level of professionalism.

“He will be greatly missed by the family, the military, and the nation, as he served the nation with commitment and dedication,” the statement added.

 

Continue Reading

Trending