$ 620,000 Bribe: Court Throws Out Farouk Lawan’s Application!
Justice Mudashiru Oniyangi of an Abuja High Court on Friday threw out the application filed by Hon Farouk Lawan and Boniface Emenalo to dismiss the bribery allegations against them. Lawan and Emenalo are facing charges of soliciting for and accepting bribe from businessman Femi Otedola to have his company delisted from those
Shocker: Christopher Kolade, SURE-P Chairman, Resigns!
Street Journal’s findings have revealed that Dr. Christopher Kolade, the Chairman of the Subsidy Reinvestment and Empowerment Programme (SURE-P) has resigned his appointment as the Chairman of the body.
“We Verified Arisekola Son’s Documents For Subsidy Payment”, PPRA Officials Tell Court!
Indications have emerged that the documents used by Abdullahi Alao, son of Ibadan billionaire businessman, Aare Arisekola Alao to obtain subsidy payments from the Federal Government were verified by the Petroleum Products Pricing Regulatory Agency (PPRA). Abdullahi Alao, Olanrewaju Olalusi
Corruption War: Farouk Lawan In Secret Meeting With Dino Melaye!
One of the dramatis personae in the $ 620,000 fuel subsidy bribery scandal, Hon Farouk Lawan was spotted a few days ago meeting with self professed anti-corruption crusader, Hon Dino Melaye. Street Journal’s findings have revealed that the renewed alliance between the duo may not be unconnected with renewed calls for the prosecution of both [...]
A Year After: The Gains, Pains & Lessons Of “Occupy Nigeria”!
The increase in the pump price of petrol, caused by the sudden removal of fuel subsidy in January 2012 generated lots of reactions across the country. While the Labour unions called for strike actions, the average Nigerians trooped out in protest and in no time the country was grounded to a halt. It became the [...]
Fuel Subsidy Scam: One More Suspect Arraigned
The Economic and Financial Crimes Commission, EFCC, on Tuesday, arraigned yet another suspect in the fuel subsidy scam. Adejugbe Anthony and his company, Tonique Oil Services Limited were brought before Justice Lateefat Okunnu of the Lagos High Court, Ikeja, on a two count charge bordering on stealing and fraud
Fuel Subsidy Fraud: EFCC Declares 3 Marketers Wanted!
The Economic and Financial Crimes Commission (EFCC) has again moved against perpetrators of the fuel subsidy scam that rocked Nigeria’s petroleum sector recently. The anti-graft commission has declared three oil marketers indicted in the subsidy scam wanted. The decision of the EFCC to declare the marketers wanted was contained in a statement from the acting [...]
EFCC Changes Gear, Withdraws Case Against Fuel Subsidy Suspects!
Fears being exercised in some quarters that the trial of firms and individuals allegedly indicted in the fuel subsidy probe are gradually being confirmed as the Economic and Financial Crimes Commission on Tuesday withdrew the charges against four of the suspects already dragged before a Lagos High Court. The EFCC on Tuesday withdrew all criminal [...]
Fuel Subsidy: Case Adjourned As AGF Fails To Appear In Court!
The much awaited arraignment of the first batch of suspects allegedly involved in the fuel subsidy fraud could not hold on Wednesday as expected. The Lagos High Court that was prepared
Fuel Subsidy: EFCC Unveils First Batch Of Suspects
Precisely 97 days after the submission of the report of the investigation on the fuel subsidy regime, the Economic and Financial Crimes Commission, EFCC seems set to prosecute the first batch of suspects implicated in the oil subsidy fraud. The suspects, comprising oil companies and 11 individuals, will be arraigned before courts in Lagos. A [...]
Otedola vs Lawan: Heads Or Tails, Nigeria Loses!
How The Hunter Became The Hunted! The accusations and counter accusations from the two principal actors in the unfolding bribery drama have kept many Nigerians wondering about the kind of leaders and representatives they have. If Femi Otedola, a friend of Government and an associate of the President could admit offering a bribe and if [...]
Farouk Lawan Denies Bribery Allegation. Says “I knew They Would Fight Back”!
The House of Rep Member at the centre of the latest bribery allegation rocking Nigeria’s lower legislative arm, Hon Farouk Lawan has denied taking any bribe. In a statement read at a press briefing to make his own side of the story known on Sunday, Lawan said “my attention has been drawn to several newspapers [...]
House Of Reps Set For War Over $ 3 Million Oil Probe Bribe
. How Farouk Lawan Was Indicted Street Journal’s findings have revealed that the House of Representatives might be in for stormy sessions in the next few days over a bribery allegation that is trailing the fuel subsidy probe. At the centre of the bribery scandal is the Chairman of the House of Representatives’ Adhoc Committee [...]
Reps Fault Aig-Imoukhuede’s Appointment To Verify Subsidy Claims
The debate on the recommendations in the report submitted by the House of Reps Ad hoc Committee that investigated the Fuel Subsidy Regime entered the second day on Wednesday. The House Committee of the Whole continued deliberations on the report and not only did the House consider the remaining 27 clauses that were not debated [...]
Fuel Subsidy Fraud: House Adopts Committee’s Recommendations
. Details of The Recommendations The question on most lips as the Federal House of Representatives commenced deliberations on the recommendations put forward by the Farouk-Lawan led committee that probed the fuel subsidy regime is “will any of those found culpable be brought to book?”. The lower legislature commenced sitting on the issue on Tuesday. [...]
FG Appoints Rogue Banker Aig Imoukhuede To Verify Subsidy Claims
Heads might have started to roll as a result of the damning revelations made by the ad hoc Committee of the House of Representatives that investigated the fuel subsidy regime recently. The Federal Government has sacked the accounting and auditing firms of Akintola Williams & Co and Adekanola & Co. The companies verified the documentations [...]
Petition Against Nigeria’s Minister of Petroleum Resources, Mrs Diezani Alison Madueke & Gov Hassan Ibrahim Dankwambo On The Alleged Fuel Subsidy Fraud
20th April, 2012. The Chairman, Economic and Financial Crime Commission (EFCC) 5 Formella Street, Off Ademola Adetokunbo Crescent, Wuse 2, Abuja. The Chairman, Independent Corrupt Practices and other related Offences Commission (ICPC) Plot 802 Constitution Avenue, Central District, PMB 535, Garki, Abuja. Dear Sir, PETITION AGAINST NIGERIAN MINISTER OF PETROLEUM RESOURCES,MRS DIEZANI [...]
Fuel Subsidy Fraud Continues As PPRA Jettisons Transparency To Approve Errant Marketers
Indications have started to emerge that the Petroleum Subsidy Probe conducted by the National Assembly as well as all the actions promised by the various departments and agencies in Nigeria’s oil sector might end up not yielding any tangible result. The Petroleum Prodeuct Pricing Regulatory Agency (PPRA) recently gave approval to marketers for the lifting [...]
The Rot In Nigeria’s Petroleum Sector: How Marketers Swindled The Federal Government!
Though the battle for the reversal of the pump price of petrol to N 65 per litre has been won and lost, the resultant effects still linger on. With the commencement of the probe into the removal of the subsidy on petrol, many Nigerians expect heads to start rolling soon. Street Journal’s investigations revealed that [...]
The Protests That Shook A Nation- The Gains, The Winners & The Loser
Having read so many posts by people who felt ‘betrayed’ by NLC/TUC for calling off the strike and having considered that so many people believed the government ‘won’ this impasse, I decided to introspectively put down my thoughts on the strike/protests/incidents of the past one week or so. Firstly, I have supported the protests/strike from [...]
Revealed: The Untold Story Of The War Between Oando & PPRA
. The Accusations & Counter Accusations . How Oando Made Billions Of Naira At The Expense of Nigerians! . How Company Tried To Influence Pricing With the heat generated by the sudden removal of the subsidy on Premium Motor Spirit (petrol) on January 1 yet to cool down, bitter wars have started within the petroleum [...]
Labour Suspends Strike, Agrees To N 97 Per Litre
. Fashola Protests Military Presence In Lagos The leadership of Nigeria’s organized labour unions, the Nigerian Labour Congress and the Trade Union Congress made its standpoint known on the new price of petrol. The decision was made public at a press congress on Monday afternoon. The labour leaders announced the suspension of their industrial action, [...]




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