DPR Uncovers Three Ghost Marketers In Akwa Ibom


The Department of Petroleum Resources (DPR) in Akwa Ibom state has uncovered three ghost petrol marketers in the state.

The Operations Director of the DPR in Akwa Ibom state, Mr Tamunoiminabo Kingsley Sundaye, disclosed this to journalists when he visited some petrol stations in Uyo to monitor their compliance with the official pump price of petrol.

Mr Sundaye told journalists that records available to the DPR showed that a total of three non-existent marketers lifted petrol meant for the state from Port Harcourt and Calabar depots respectively.

According to him, an investigation revealed that the three marketers were neither registered by DPR nor licensed by the relevant authorities.

Although he did not mention the names of the marketers, Mr Sundaye said the department has already written to the Depots to stop selling the product to the said marketers.

Meanwhile, motorists who spoke to Channels Television appealed to the Federal government to address the issue of fuel price hike and bring an end to the problem as soon as possible.

Agbakoba Says Nigeria Should Search For Wealth Creators Not Borrow

olisa agbakobaSenior Advocate of Nigeria, (SAN) Olisa Agbakoba has advised the federal government to search for Nigerians who can make money  for the country rather than borrow or loan money from the IMF.

Mr Agbakoba was speaking on Channels Television’s breakfast programme, Sunrise Daily, where the conversation bordered on the economy and how Nigeria can create wealth.

He said “There are lots of people in their states that are richer than the federal government and these are the people the government should look for.

“What the government should do is to bring out the Nigerians that are making money.”

The renowned lawyer said that there were some fundamental factors affecting wealth creation in the country, such as legal framework, bad economic policies, corruption amongst other factors.

Mr Agbakoba noted that the issue of subsidy should also be managed properly because it is part of the issues affecting Nigeria’s economy.

He also commented on the visit by the president of the International Monetary Funds ( IMF) Christiane Lagarde and her view on Nigeria’s economy.

Using the Republican presidential candidate in the United States, Donald Trump as an example of a wealth creator in America, the lawyer advocated the need for President Muhammadu Buhari and the government as a whole to look inwards in order to create wealth rather than borrowing.

Mr. Agbakoba insisted that Nigeria does not need the IMF funds but rather needs to search for wealth creators in the country.


Court Grants N250Million Bail To Alleged Cop Killer Of Subsidy Protester

A Lagos High Court has granted bail to a Divisional Police Officer, Segun Fabunmi, who was dismissed over the shooting of Adedamola Daramola, during the January 2012 fuel subsidy protests in Lagos.

The trial judge admitted bail to Mr. Fabunmi in the sum of N250 million with two sureties who each must have landed property in Lagos worth N100 million.

Although the law says that bail should not be granted in capital offences, such as murder, bail is still at the discretion of the Judge, so the presiding Judge, Justice Olabisi Akinlade, granted the dismissed police officer bail based on his health and his performance when he was in the police force.

Delivering her judgement, Justice Akinlade stated that the defendant was granted bail on the grounds that he has renal failure and would need special medical attention which the prison service cannot afford.

She acknowledged that the medical report issued by the Lagos State University Teaching Hospital on his state of health was sufficient proof.

The court further ordered Mr Fabunmi to deposit his travelling passport with the Chief Registrar of the court, who will also appoint a police officer to verify documents to be tendered.

After waiting for about four hours to evade the media, Mr Fabunmi and his family members did all they could to shield him our camera.

He was also accused of attempted murder and causing of grievous bodily harm on Alimi Abubakar, Egbujor Samuel and Chizorba Odoh.

The same court had recently awarded N1 million compensation to each of the four protesters who were also shot during the protest.

The court awarded the compensation in its judgment on the suit which was instituted on behalf of the four applicants by the Lagos state Office of the Public Defender (OPD).

Trial has been set for 16th of July 2013.