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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69 FAMILY MEMBERS OF BOKO HARAM,ESCAPED FROM SAMBISA FOREST EARLIER TODAY.{PHOTOS}.

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               Today wednesday,in the early hours troops of 81 Battalion and 251 Task Force Battalion deployed at an Observation Post sighted a group of persons approaching its Check Point at Liwanto village along Damboa-Bulabuli n road,Borno State.On arrival,they were received and treated humanely based on International Humanitarian Laws and Rules of Engagement.On preliminary investigation,it was discovered that the 69 of them were indeed family members of Boko Haram terrorists escaping from Sambisa.Out of that number,7 of them are men,18 women,7 grown up boys and 37 children.At the initial state of interrogation,they claimed to have escaped from Boko Haram terrorists captivity at Ngwalimari village in Sambisa forest general area.But further interrogation revealed otherwise.The troops recovered 15 bicycles,5 Dane Guns and other personal effects from them.Further and thorough investigation is ongoing to ascertain other information from them-Colonel Sani Kukasheka Usman Acting Director Army Public Relations.More photos below.                                   

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