ALLEGED N1.4BN OIL FRAUD: EFCC RE- ARRAIGNS NADABO ENERGY BOSS, ALI PETERS, FIRM IN LAGOS . (PHOTO). #PRESS RELEASE

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 Alleged N1.4bn Oil Fraud:  EFCC Re- arraigns Nadabo Energy Boss, Ali Peters, Firm in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Tuesday, March 31, 2026, re-arraigned Nadabo Energy Boss, Abubakar Ali Peters, for an alleged N1.4 billion oil fraud before Justice Ismail Ijelu of the Lagos State High Court sitting in Ikeja. Peters alongside his company, Nadabo Energy Limited, was previously standing trial before Justice C.A. Balogun of the Lagos State High Court sitting in Ikeja. However, the matter was re-assigned to Justice Ijelu, following Justice Balogun’s retirement. The defendants are being prosecuted by the EFCC on a 27-count charge bordering on the alleged use of forged documents to obtain the sum of N1,464,961,978.24 from the Federal Government as oil subsidy. One of the counts reads: "Nadabo Energy Limited and Abubakar Ali Peters, on or about the 3rd day of April, 2012, at Lagos, within the Lagos Judicial Division,...
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AFTER LEGALIZING GAY MARRIAGE IN IRELAND,THE VATICAN DESCRIBED THE VOTE AS ''A DEFEAT FOR HUMANITY''.

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                      Today wednesday,Cardinal Pietro Parolin,the Vatican city secretary of stste,who is the Vatican's second in command after Pope Francis,made these statement during an award ceremony that ''The recent referendum legalizing gay marriage in Ireland as not only a defeat for christian principle but a defeat for humanity''.Ireland,a traditionally catholic country where homosexual acts were illegal until 1993.Last week friday,a gay marriage ''yes'' camp won by 62.1% to 37.9%.Cardinal Pietro Parolin said further that ''These results make me very sad.As the arch bishop of Dublin has said,the church must take into consideration this reality,but in the sense that in my opinion it must redouble its commitment and make an effort to evangelise it.Cardinal Angelo Bagnasco,the Head of the Italian Bishops conferen,said the church was not opposed to recognising gay people''.

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