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EFCC Arraigns Three Over 25m Petroleum Theft In Lagos

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The Economic and Financial Crimes Commission on Wednesday, October 29, 2025, arraigned a vessel, MT Ostria, and three individuals before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, over alleged petroleum theft involving over 25 million litres of Premium Motor Spirit belonging to NNPC Retail Limited.

In a statement posted by EFCC on Wednesday on X, the defendants — Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin, and Mr. Vincent Wayas — were charged alongside the vessel on a four-count charge of conspiracy and stealing.

The charges state that the defendants conspired to steal 25,354,000 litres of PMS, an offence contrary to Sections 411 and 280 of the Criminal Law of Lagos State, 2015, and punishable under Section 287 of the same law.

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READ ALSO:Court Admits More Evidence In EFCC’s $4.5bn Case Against Emefiele

One of the counts reads: “MT Ostria, Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin and Mr. Vincent Wayas sometime in January 2024 in Lagos, within the jurisdiction of this honourable court, conspired amongst yourselves to commit felony, to wit: stealing of Thirteen Million, Five Hundred and Fifty Four Thousand (13,354,000) litres of Premium Motor Spirit, property of NNPC Retail Limited.”

Other counts outline alleged thefts of 9 million litres and 3 million litres of PMS on or about January 17, 2024.

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All defendants pleaded not guilty when the charges were read to them.

READ ALSO:EFCC Grills Ex-NNPCL Boss, Mele Kyari

Following their plea, EFCC prosecuting counsel, Bilikisu Buhari, prayed the court “to set a trial date and remand the defendants in a correctional facility. She prayed the court not to grant them bail, that the applicant was a flight risk, that they had nothing to lose if they jump bail or abscond from trial.”

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The statement stated that: “However, the defence team informed the court that bail applications had already been filed and urged that the defendants be allowed to continue under the bail conditions earlier granted by the EFCC.”

Justice Dada subsequently ruled, “That the defendants should continue on the existing EFCC bail conditions and subsequently adjourned the case to November 17 and 27, 2025, for the commencement of trial.”

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Ex-convict Arrested In Edo For Armed Robbery, Possession Of Firearm

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The Edo State Security Corps (ESSC) has arrested a 45-year-old ex-convict, Owen Osas, for alleged unlawful possession of firearms and suspected involvement in a robbery incident.

Osas was reportedly arrested with a cut-to-size single-barrel gun during a covert operation along Fishpond Road in Eyean, Uhunmwonde Local Government Area.

The arrest reportedly comes barely a year after he was released from prison, where he had served time for illegal possession of firearms and other criminal offences.

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Osas, who confessed to the latest crime, also admitted to being a member of the Eiye Confraternity.

READ ALSO:Tragedy As Suspected Kidnappers Kill Young Entrepreneur In Edo

Consequently, a victim of an alleged robbery incident, Reginia Izy, identified Osas as the person who robbed her a day before his arrest.

The victim narrated that the suspect had approached her residence around 8 p.m., pretending to be familiar before carrying out the attack.

‎The Deputy Commander Operations of ESSC, Richard Balogun, said the arrest was part of intensified efforts to rid Edo State of criminal elements.

READ ALSO:Edo South Senatorial Seat: Nothing Wrong Seeking Wike’s Support – Ogbeide-Ihama

‎Balogun explained that operatives conduct both overt patrols and covert operations to track and apprehend suspects.

He said, ‎“Our men are always on patrol. Some operate in plain clothes as part of covert strategies, while others are stationed at strategic locations.

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“Osas, who is a former convict, was arrested with firearms and he also confessed to be a member of the Eiye Confraternity.”

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Gunmen Kidnap Businessman In Ibadan

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Gunmen suspected to be kidnappers have abducted a 60-year-old man in Ibadan, the Oyo State capital.

The victim was kidnapped on Saturday while on his way to his residence.

The incident occurred at Jinarere, Alakia in Ibadan.

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Public Relations Officer of the State Police command, Olayinka Ayanlade, when contacted, confirmed the incident.

READ ALSO:Gunmen Abduct 60-year-old Trader In Oyo

Ayanlade in a statement made available to DAILY POST on Sunday, explained that efforts are ongoing to rescue the victim.

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Ayanlade said, “Preliminary information reveals that the victim, a 60-year-old male and building materials trader, was accosted while returning home along the Jinarere axis of Alakia Road by four masked armed men, who forcefully whisked him away in an unregistered ash-coloured Toyota Corolla vehicle”.

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Tragedy As Suspected Kidnappers Kill Young Entrepreneur In Edo

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A 30-year-old entrepreneur and CEO of Principle Takeout, Justice Abu Oshioke, has been killed by suspected kidnappers in Ekpoma, Esan West Local Government Area of Edo State.

He was reportedly attacked by the suspected kidnappers on Saturday while on his way to pick up an order made for his child’s dedication on Sunday morning.

Eyewitnesses said the attackers attempted to force him into a nearby bush in a kidnapping attempt. However, he reportedly resisted and tried to escape.

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READ ALSO:Senatorial Seat: Ogbakha-Edo Warns Against Imposition Of Candidates In Edo South

In the course of the struggle, the assailants opened fire, shooting him multiple times.

Concerned residents quickly rushed him to a nearby medical facility, but he was confirmed dead on arrival.

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The deceased was said to have recently gotten married and welcomed a baby boy.

The tragic event has turned a joyous occasion into a moment of grief for the family.

READ ALSO:Edo NLC Divided Over May Day Celebration

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The shocking development has left the Ekpoma community in deep sorrow, with many residents expressing outrage over the growing insecurity in the area.

Edo State Police Command’s spokesperson, Eno Ikoedem confirmed the incident and said the Commissioner of Police, Monday Agbonika has ordered a “full-scale investigation and intensified manhunt for those responsible.” 

According to her, the Police, in collaboration with the military, local vigilantes, and hunters, are actively pursuing the perpetrators through coordinated operations.

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