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EFCC Raises Eyebrows At Lagos AG’s Influence In Ibeto Fraud Trial
The Economic Financial Crimes Commission (EFCC) has expressed concern about the Lagos State Attorney-General’s plan to handle the N4.8 billion fraud case against Chief Cletus Ibeto, Chairman of Ibeto Energy Development Company.
Rotimi Jacobs (SAN), EFCC’s counsel, raised objections in the Lagos State High Court in Ikeja, alleging that this move could disrupt the trial.
This assertion came after the state’s Director of Public Prosecutions, Jide Martins, mentioned to Justice Ismail Ijelu that the Attorney-General is contemplating taking over the case following a petition from the defendant.
The defendant, along with his companies, Ibeto Energy Development Company and Odoh Holdings Ltd, faced a 10-count charge from the anti-graft agency, involving conspiracy, fraud, forgery, and fraudulent use of documents.
Despite attempts to arraign the defendant on September 28, October 5, and November 3, his absence in court led to three adjournments, despite representation by his legal team.
On November 3, 2023, Justice Ijelu granted the prosecution’s request to issue an arrest order for the businessman, citing his repeated failure to appear for his plea despite assurances from his legal team.
During the resumed hearing on Tuesday, Martins informed the court about a petition from the law firm of Robert Clarke (SAN), requesting a review of the case file and advocating for the Attorney-General’s direct intervention to take over the case.
The Director of Public Prosecutions (DPP) informed the court that while the Ministry of Justice has requested the case file from the EFCC, the Attorney-General has yet to make a decision regarding this matter.
In response, the defense counsel, Uche Obi (SAN), requested an adjournment until the matter concerning legal representation is clarified and resolved.
Obi said, “An issue of legal representation has just arisen in court this morning. The learned DPP has asked for an opportunity to reappraise the complainant’s complaint, and the State has to be given a chance to take that decision. It appears that nothing else can be done today (Tuesday) but to allow for a reasonable time for the State to decide.”
In response, Jacobs highlighted to the judge that the defendant had engaged four different lawyers, seemingly as part of an attempt to disrupt the proceedings of the case.
The senior lawyer stated “This is not a case that the Lagos State Attorney-General can take over because the primary counts of the charge are based on Federal laws.
“Section 211 limits the State AG to the takeover of state’s offences, and this power cannot be extended to Section 174, which is on federal crimes.
“The Attorney-General’s letter to this court was written without hearing from us, and the purpose was to shield the defendant from appearing before this court, and when he is seized of the whole matter, he will change his mind.”
In his ruling, Justice Ijelu acknowledged that the primary court business was the defendants’ arraignment.
The prosecutor informed the court that the bench warrant couldn’t be executed as the defendant was abroad.
Additionally, the defense counsel stated that the defendant was in Dallas, USA, receiving treatment for a severe ailment.
The judge, after considering these submissions, emphasized the need to resolve the representation issue between the prosecutor on record and the Attorney-General, as it had become a significant point requiring resolution.
Justice Ijelu adjourned the case to January 29, 2024, to address and resolve the matters concerning representation and prosecution of the defendant.
Executive Vice President and Country Chair, Shell Companies in Nigeria, Elohor Aiboni was among 100 people honoured with the DTN@100 Award.
She joined a list of distinguished recipients recognised by the Daily Times newspapers. The contributions of the awardees to national development will be documented in a special publication, titled Nigerian Grand Book.
Daily Times which started publication in 1926 gave the awards as part of its centenary celebrations in Lagos. The centenary theme is: “Honouring the Past, Shaping the Future.” Chairman, Folio Media Group and Publisher Daily Times of Nigeria Fidelis Anosike said: “We proudly celebrate Elohor Aiboni, Executive Vice President and Country Chair of Shell Companies in Nigeria, for her well-deserved recognition at the Daily Times Heroes Award. As a visionary female leader, Elohor has shown that true leadership is defined by action. Her forward-thinking policies continue to drive real, positive change across our nation.”
In her response, Elohor said: “Although this award is presented to me, I do not regard it as mine alone. I share it with my colleagues across the Shell Companies in Nigeria, our partners, and the many people I have had the privilege of working with and learning from over the years.”
Elohor was commended for her achievements in a career in the energy industry that started in Shell in 2002. In addition to serving in operational roles within and outside Nigeria, she has worked as asset manager for Bonga, leading up to her appointment as Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo) in 2021, the first female to hold the post. Early this year, she took up the role of Executive Vice President and Country Chair, Shell Companies in Nigeria, also the first female and Nigerian to hold both roles.
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In her acceptance speech, Elohor also called for concerted efforts towards educating the girl-child. She said: “If we are serious about shaping Nigeria’s future, we must be equally serious about educating and empowering the Nigerian girl child. Education provides not only knowledge, but also confidence, choice and the opportunity to contribute meaningfully to her community and country.”
Photo Caption – L-R: Energy and Investment Solicitor, Sam Aiboni; Executive Vice President and Country Chair, Shell Nigeria, Elohor Aiboni; actress Rita Dominic; and Daily Times Chairman, Fidelis Anosike, during the award presentation at Harbour Point, Lagos.
President Bola Ahmed Tinubu has congratulated Nigeria’s U-17 women’s national football team, the Flamingos, following their historic qualification for the final of the 2026 FIFA U-17 Women’s World Cup in Morocco.
The President commended the team for their impressive 3-1 victory over Brazil in Wednesday’s semi-final, describing their achievement as a remarkable milestone that has brought immense pride and joy to Nigerians at home and abroad.
In a statement issued on Thursday, November 5, by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu also praised the coaching crew and everyone whose hard work and support contributed to the team’s successful campaign.
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With the Flamingos set to face Japan in the final, the President urged the players to remain focused, confident and determined as they pursue the historic world title.
“I encourage you to approach the final with the same fighting spirit and belief that have brought you this far. I have confidence in your ability to make history by winning the coveted world title,” he said.
Tinubu also called on Nigerians to rally behind the young players, describing them as national ambassadors whose achievements continue to showcase the country’s sporting excellence.
He said the team’s performance would inspire a new generation of girls to pursue their dreams without limitations.
“Once again, Nigeria is proud of you. Go for the trophy, Flamingos!” the President added.
The Nigerian National Petroleum Company (NNPC) Limited has disclosed its support for healthcare infrastructure in Sokoto State through the donation and subsequent handover of an Infectious Diseases Hospital (IDH) to the state government.
The development was contained in the company’s September 2026 Monthly Operations and Financial Report, which also highlighted its financial performance, oil and gas production, pipeline infrastructure and other operational activities.
According to the report, the Sokoto State Commissioner for Health visited the NNPC Foundation and NNPC Limited on September 1, 2026, to present a letter of appreciation to the Foundation for donating the Infectious Diseases Hospital and handing it over to the Sokoto State Government.
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The engagement provided an opportunity for the state government to formally acknowledge the Foundation’s intervention and support towards strengthening healthcare infrastructure in Sokoto State.
The report identified the engagement as part of the NNPC Foundation’s public impact initiatives.
NNPC Records ₦509bn September Profit
On its financial performance, NNPC recorded a profit after tax of ₦509 billion in September 2026, representing an 18.1 per cent increase compared with the previous month.
The company’s revenue also rose to ₦4.608 trillion from ₦3.74 trillion recorded in August, representing an increase of approximately 23.2 per cent.
Cumulative statutory payments to the Federation increased by 17.4 per cent, rising from ₦9.49 trillion between January and August to ₦11.14 trillion between January and September 2026.
Crude Oil and Gas Production
The report showed that average crude oil and condensate production stood at 1.70 million barrels per day during the period.
Natural gas production increased to 7,789 million standard cubic feet per day, while total hydrocarbon production reached 3.04 million barrels of oil equivalent per day.
The monthly operational summary also presented production and sales trends for crude oil, condensate and natural gas.
Pipeline Infrastructure Records Progress
On infrastructure development, NNPC reported 100 per cent availability of its upstream pipelines.
The company also disclosed that the Obiafu-Obrikom-Oben (OB3) Gas Pipeline had reached 100 per cent completion, while the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline stood at 95 per cent completion.
According to the report, the OB3 River Niger Crossing pipeline had been commissioned and operationalised.
For the AKK pipeline, NNPC said sustained collaboration with stakeholders was helping to accelerate construction and pre-commissioning activities towards achieving early gas delivery to Abuja in 2026.
NNPC Reports 54% Retail Station Availability
The report also highlighted the availability of petrol at NNPC retail stations across the country, putting the nationwide Premium Motor Spirit (PMS) availability level at 54 per cent.
A geographical map showing retail station availability across different parts of Nigeria was included in the monthly operational summary.
NNPC Outlines Strategic Production Efforts
On efforts to sustain production growth, NNPC listed accelerated restoration of shut-in wells and facilities, production optimisation and well interventions among its priorities.
The company also highlighted efforts to strengthen facility reliability and preventive maintenance, address infrastructure and operational constraints, improve community engagement and resolve storage, tank-top and export infrastructure challenges.
These measures, according to the report, are aimed at sustaining production growth and improving operational efficiency across its oil and gas assets.
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