News
EFCC Recovers N13bn Illegal Fuel Subsidy Payments

The Economic and Financial Crimes Commission recovered about N13bn as proceeds of illegal payments made under the subsidy regime between 2017 and 2021
This was based on the National inherent risk assessment of money laundering and terrorist financing in the Nigerian extractive sector document obtained by our correspondent from the website of the Nigeria Financial Intelligence Unit.
The report read in part, “The Economic and Financial Crimes Commission, the agency responsible for the investigation and prosecution of fraudulent subsidies in the oil and gas in Nigeria recovered N12,998,963,178.29 as proceeds of illegal payment made under the subsidy regime between 2017 and 2021.”
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A tabular breakdown showed that approximately N4.67bn was recovered in 2017, N4.29bn in 2018, N2.41bn in 2019, N416.51m in 2020 and N1.22bn in 2021.
It was further noted in the report that there were several opportunities for fraudulent activities in the oil and gas sector.
The report added, “Opportunities for fraudulent activities exist in the oil and gas sector from extraction to sales of refined products to consumers. The absence of reliable equipment to measure the volume of crude oil being extracted makes it impossible to estimate the volume of crude oil extracted and even stolen through oil theft and vandalism. Oil theft also occurs in the downstream sector, as petrol pumps are rigged at petrol stations or adulterated.
“Also, to be noted is the sale of petroleum products on the ‘black market’ giving rise to petroleum products being sold at exorbitant prices. Of concern is the emerging trend of filling station attendants acting as money agents, without appropriate customer due diligence carried out. It should be stated, however, that in most cases, the amount sold to an individual is usually not suspicious. However, if left unchecked, this practice could pose a threat to the country.”
It also noted that there had been diversion of petroleum products to non-designated retail outlets, which is a fraudulent practice that leverages on the fuel subsidy regime.
The report added, “Other fraudulent practices include the diversion of petroleum products to non-designated retail outlets to gain undue financial advantage. This practice may be intra- state, inter-state and across the borders of Nigeria to neighbouring countries.
“The Joint Border Exercise in August 2019 with operation code-named ‘Exercise Swift Response’ resulted in large number of seizures of trucks and other vehicles used to smuggle refined products outside the country. This exercise was coordinated by the Office of the National Security Adviser. This is also connected to the subsidy regime as the cost of PMS in Nigeria is significantly lower than in neighbouring countries.
“Another fraudulent practice is the smuggling of petroleum products. The NNPC recorded daily Premium Motor Spirit evacuation spikes in various depots across the country, against government projected volumes of daily consumption. These spikes led to the reactivation of Operation White II – an inter-agency task team comprising the NNPC, stakeholders and LEAs in May 2021.
” It was further reported that these volumes were being smuggled out to neighbouring countries like Benin Republic, Cameroun, Niger republic etc., with higher PMS prices compared to Nigeria. The OPW II team was mandated to curtail the smuggling, diversion and hoarding of PMS to ensure the Nation’s energy security. Intelligence-driven investigations are ongoing.”
In its biannual report known as Africa’s Pulse, which was released in April this year, the World Bank said that increasing fuel subsidy put the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns.
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In 2021, the Nigerian National Petroleum Corporation said fuel subsidy gulped N1.43tn, although there was no record for under-recovery in January.
The National Assembly approved N4tn as fuel subsidy bill for 2022, which was an increase of 179.72 per cent over the previous year’s subsidy bill.
However, experts have warned the Federal Government that the N4tn fuel subsidy bill would adversely affect the country’s economy.
PUNCH.
News
Edo Deputy Gov Raises Concern Over Documentation On Radisson Hotel

Edo State deputy governor, Hon. Dennis Idahosa, on Wednesday expressed worry over the clarity of documentation surrounding Radisson Hotel, Benin City,
project’s acquisition and the roles of previous vendors and consultants.
In a statement, his Chief Press Secretary, Chief Press Secretary, Mr Friday Aghedo said the deputy governor spoke when he led a government delegation on an inspection tour of the five-storey luxury hotel.
Idahosa, who expressed dismay over certain lapses observed during the visit, however, appealed for calm among stakeholders and residents, urging patience as the state awaits the outcome of the legislative probe.
The governor said that Governor Monday Okpebholo had forwarded relevant documents to the Edo State House of Assembly for investigation into the acquisition process.
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“Once the House concludes its findings, we will act accordingly to ensure transparency and accountability,” he assured.
Frustrated by what he described as “vague answers” from contractors about the project’s completion timeline, Idahosa pressed for clarity on when the hotel would finally be
opened to the public.
“Edo people deserve to know when this investment will start yielding value,” he stated.
He, nonetheless, tasked workers at the construction site to ensure strict adherence to safety and environmental standards.
He said the warning became necessary in order to avoid casualties at the site of the flagship hospitality project expected to redefine the state’s tourism and entertainment landscape.
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He also challenged the contractors to ensure the best standard and quality materials are used for the project.
He emphasized that the state government’s intention was not to witch-hunt the contractors but to ensure the project meets both Radisson’s global benchmarks and the Edo State Government’s quality standards.
He reaffirmed that government agencies would maintain close oversight to ensure full compliance with building, safety, and environmental regulations.
“We will not compromise on standards. Radisson Benin must meet the expectations of the brand and the people of Edo State.
“Our goal is simple, Edo State deserves the best,” Idahosa declared. “We want a facility that will attract visitors from around the world and make our state the hospitality hub of Nigeria,” he stated.
READ ALSO:2027 Presidency: Idahosa Reiterates Okpebholo’s Promises Of Delivering Edo To Tinubu
During the visit, the deputy governor conducted an on-the-spot SWOT analysis of the project, examining facilities such as the water reservoir, power plant, and sample rooms.
Also speaking during the inspection, Mr. Igabali Darlington Imoesili, Managing Director of the Edo State Development and Building Control Agency, flagged inconsistencies in the facility’s documentation, including conflicting figures on the number of rooms and deviations from approved plans.
“We have records indicating 170 rooms, the site engineer says 169, and the project manager says 178. These discrepancies raise serious concerns,” Imoesili noted.
He added that his office would demand all approved documents for verification.
The hotel’s resident architect, Olumide Taiwo, who conducted the team around the site, assured the delegation that the firm was working closely with the Radisson brand to maintain its global quality and safety standards.
News
Reviewed List Of Presidential Pardon Recipients

President Bola Tinubu has approved a revised list of convicts granted clemency under the Instrument of Presidential Prerogative of Mercy, 2025.
This is as the Presidency announced a review of the pardon list following widespread criticism.
The list, dated October 21, 2025 and personally signed by the President, contains 86 names of inmates across various correctional facilities nationwide, whose sentences were reduced or commuted under Section 175 of the 1999 Constitution (as amended).
The document, sighted by PUNCH Online, titled “Reduced Terms of Imprisonment and Sentence, 2025,” shows that several inmates convicted for offences ranging from manslaughter, culpable homicide, drug trafficking, illegal possession of firearms, conspiracy, and unlawful mining were granted reduced sentences.
They include:
Homicide and Manslaughter Cases
•Yusuf Owolabi (36) – Convicted of manslaughter in 2015 and sentenced to life imprisonment at the Maximum Security Custodial Centre, Kirikiri. Now to serve 15 years based on “educational improvement, remorsefulness and acquisition of vocational skills.”
•Ifeanyi Eze (33) – Life sentence for manslaughter (2021), now to serve 15 years.
•Maryam Sanda (37) – Convicted for culpable homicide (2020) and sentenced to death by hanging. Her sentence commuted to 12 years based on “compassionate grounds, the best interest of her children, good conduct and remorsefulness.”
•Markus Yusuf (41) – Culpable homicide (2023), 13-year sentence reduced to 8 years due to ill health.
•Alhaji Abubakar Tanko (61) – Culpable homicide (2018), 30-year term reduced to 20 years.
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Drug and Narcotics Offences
•Patrick Mensah (40) – Drugs (2015), 17 years reduced to 13 years.
•Obi Edwin Chukwu (43), Tunde Balogun (32), Lima Pereira Erick Diego (27), Uchegbu Emeka Michael (37), Salawu Adebayo Samsudeen (46), and Napolo (61) were all convicted for drug trafficking between 2015–2017.
“Sentences of 15 years reduced to 12 years each based on “remorsefulness and vocational skill acquisition.”
READ ALSO:
•Dias Santos Marela Christiana (44) – Convicted of importing cocaine in 2017; 15-year term reduced to 12 years for “remorsefulness and deportation.”
•Isaac Justina (40), Aishat Kehinde (38), Helen Solomon (68), Okoye Tochukwu (43), and Ugwuze Paul (38) – Convicted of cannabis-related offences, all granted reduced terms of between 3 and 7 years.
Financial and Fraud-related Offences
•Mustapha Ahmed (46) – Criminal breach of trust; 7-year sentence cut to 5 years.
•Innocent Brown Idiong (60) – Possession of Indian hemp; 10-year term reduced to 6 years.
•Inibong Imayen Nuikidem (46) – Obtaining money by false pretence; 7 years cut to 5 years.
•Buka Adamu (40) – Advance fee fraud; 20 years reduced to 9 years.
•Ada Audu (72) – Fraud; 7-year mandatory imprisonment cut to 4 years.
•Chief Jonathan Alatoru (66), Umannah Ekatte (70), Utom Thompson Udoaka (60) – Granted reduced terms for age, remorsefulness and good conduct.
Firearms and Related Offences
•Abubakar Mamman (38) – Possession of AK-47 rifle (2020); 10-year sentence cut to 7 years.
•Muhammed Bello Musa (35) – Possession of firearms; 10 years reduced to 7 years.
•Nnamdi Anene (67) – Illegal dealing in firearms; life sentence commuted to 20 years.
•Alhaji Ibrahim Hameed (71) – Illegal property possession; 7 years reduced to 5 years.
Maritime and Conspiracy Offences
READ ALSO:pUPDATED: Tinubu Reverses Maryam Sanda’s Pardon, Convict To Spend Six Years In Jail
•Bright Agbedeyi (46), Babangida Saliu (35), Jude Saka Ebaragha (44), Frank Insort Abaka (46), Sluna Alolo (42), David Akinseye (39), Ahmed Toyin (46), Shobajo Saheed (57), Adamole Philip (52), and Mathew Masi (39) were all convicted for conspiracy to hijack fishing vessels in 2020. Their 12-year sentences were reduced to eight years with N1m fines waived “based on remorsefulness and impecuniosity.”
Unlawful Mining Offenders
A total of at least 45 inmates across the Medium Security Custodial Centre, Agodi, Oyo State, were convicted in January 2024 for unlawful mining.
Each was sentenced to three years, now reduced to two years, “based on remorsefulness, good conduct and a letter of undertaking dated April 22, 2025,” reportedly facilitated by Senator Ikra Aliyu Bilbis for their rehabilitation and empowerment after release.
The list includes:
Yusuf Alhassan, Abdullahi Isah, Zayanu Bello, Habeeb Suleman, Jubria Sahabi, Shefiu Umar, Seidu Abubakar, Haruna Abubakar, Rabiu Seidu, Macha Kuru, Zahradeen Aminu, Nazipi Musa, Abdullahi Musa, Habibu Safiu, Husseni Sani, Musa Lawali, Suleiman Lawale, Yusuf Iliyasu, Sabiyu Aliyu, Halliru Sani, Shittu Aliyu, Sanusi Aminu, Isaaka Adamu, Mamman Ibrahim, Shaibu Abdullahi, Sanusi Adamu, Sadi Musa, and Haruna Isah, among others.
Presidential Approval and Legal Backing
The document cites Section 175 of the 1999 Constitution, which empowers the President to “grant any person concerned with or convicted of any offence in Nigeria a pardon, either free or subject to lawful conditions.”
It was formally titled: “S.I. No. 79 of 2025: Instrument of Presidential Prerogative of Mercy (Reduced Terms of Imprisonment and Sentence).”
(PUNCH)
News
NDLEA Files Forfeiture Case Against Lagos Socialite’s Club Over Drug Party

The Chairman/Chief Executive of the National Drug Law Enforcement Agency, Buba Marwa (retd.), has disclosed that the agency has filed a forfeiture suit against a Lagos nightclub owned by socialite Mike Nwogu, popularly known as Pretty Mike.
The agency had on Sunday raided a drug party held at Proxy Night Club, located at 7 Akin Adesola Street, Victoria Island, Lagos, where operatives arrested over 100 attendees, including the club owner and his manager, Joachin Milary.
The NDLEA said the operation followed intelligence that the organisers had circulated flyers inviting people to what was described as a “drug party.”
In an update issued on Tuesday, the agency’s Director of Media and Advocacy, Femi Babafemi, said undercover operatives infiltrated the club, made pre-purchases of illicit drugs, and monitored activities for about four hours before storming the premises between 11 p.m. on Saturday and 3 a.m. on Sunday.
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Babafemi said operatives recovered 384.886 kilograms of Canadian Loud, a potent strain of cannabis, and other illicit substances from the club’s storage area.
Speaking during the NDLEA’s annual commendation and award ceremony in Abuja, where 15 senior officers were decorated with new ranks and several personnel recognised for outstanding performance, Marwa said the forfeiture suit followed the raid after the club owner “brazenly advertised” a drug party, openly encouraging patrons to indulge in drugs.
According to him, the agency will not allow a culture of impunity to take root in the entertainment sector or any part of the country.
“In Nigeria, the possession and use of drugs in persons or premises is illegal. It is against the law, and we are the drug law enforcement agency to enforce the law.
READ ALSO:NDLEA Busts Cartel, Recovers ₦6.4bn Drugs From Kingpins
“We will not allow a culture of impunity such as this to evolve in Nigeria. If you allow one, give it two or three weeks and every nightclub in the country will invite people to come and have a drug party. We will not allow it,” he said.
Marwa warned club owners, hoteliers and facility managers nationwide that their buildings risk being seized if they are used for drug-related activities.
“All club owners, hoteliers and the like should be aware that the risk is the forfeiture of their properties if they are used for perpetrating criminal drug activities. And we will definitely make an example with this particular club in Lagos,” he added.
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Marwa also highlighted the agency’s achievements in the last 30 months, stating that the NDLEA recorded 45,853 arrests, seized over 8.5 million kilogrammes of assorted illicit drugs, secured 9,263 convictions, and rehabilitated 26,613 drug users.
He said the agency conducted 9,848 War Against Drug Abuse sensitisation campaigns nationwide within the same period.
Marwa said, “In the past 30 months, on our two major plans of drug demand reduction and drug supply reduction, leading to 45,853 arrests. Seizure of over 8.5 million kilogrammes of assorted illicit drugs and conviction of 9,263 offenders, with 26,613 drug users counselled and rehabilitated in our treatment facilities spread across the country, while a total of 9,848 war against drug abuse sensitisation activities were conducted in schools, workplaces, markets, motorparks, churches, mosques, and communities, among others, during the same period.”
While commending officers for their dedication despite risks and temptations, Marwa said the agency’s reward and recognition system has strengthened morale and improved operational outcomes.
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