EFCC ARRAIGNS TWO, COMPANY FOR ALLEGED N560M THEFT IN LAGOS. (PHOTO). #PRESS RELEASE

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 EFCC Arraigns Two, Company  for Alleged N560m Theft in Lagos ‎ ‎The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Monday, June 8, 2026, arraigned the duo of Olivia Dike and Azeez Muniru Siyanbola for an alleged N560,000,000,00( Five Hundred and Sixty Million Naira ) theft before Justice R.O. Oshodi of the Lagos  State High Court sitting in Ikeja, Lagos.   The defendants were arraigned alongside a company, Eniafelamo Global Seven Nigeria Limited, on a three-count charge bordering on stealing to the tune of N560m. ‎ ‎One of the counts read: “That you,  Olivia Dike, Azeez Muniru Siyanbola, Eniafelamo Global Seven Nigeria Limited and one Taoheed Lekan Abdrahman (at large), between July, 2024 and February, 2025 at Lagos, within the jurisdiction of this honourable court, dishonestly stole and converted to your use the cumulative sum of N560, 000,000.00 (Five Hundred and Sixty Million Naira only), property of Peachland West Africa...

PRESIDENT BUHARI RENEWS APPOINTMENTS OF PTDF, PEF, NCDMB BOSSES.{PHOTOS}.#PRESS RELEASE.

 

President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources.
Following recommendations to the President by Chief Timipre Sylva, Minister of State Petroleum Resources, Dr Bello Aliyu Gusau gets another nod as the Executive Secretary of Petroleum Technology Development Fund (PTDF); Ahmed Bobboi as Executive Secretary/Chief Executive Officer of Petroleum Equalization Fund (PEF), while Engineer Simbi Wabote is reappointed Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB).
Dr Gusau is credited to have run the PTDF successfully in the past four years, keeping faith with the Seven Strategic Priorities he had introduced in January 2017. These are: Domestication, Cost cutting, Sustainable funding, Efficient internal processes, Linkages with the industry, Utilization of centers of excellence, and Pursuit of home-grown research.
Mr Ahmed Bobboi gets his reappointment for having run PEF in a way that made it a key and strategic player in the administration’s oil and gas reforms, especially in stabilizing the supply and distribution of petroleum products across the country, among others.
Engineer Wabote won his pips for managing the Nigerian Content Development Fund prudently, completing the headquarters building of NCDMB, and also initiating many landmark projects that are widely commended by industry players.
All the appointments take immediate effect.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
September 25, 2020.
One more photo below.



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