ALLEGED N4. 8BN FRAUD: APPEAL COURT ADJOURNS IBETO'S APPEAL TILL SEPT 16.(PHOTO).#PRESS RELEASE.

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 Alleged N4.8bn Fraud:  Appeal Court Adjourns Ibeto’s Appeal Till Sept 16 A three-man panel of the Court of Appeal, Lagos Division,on Tuesday, May 7, 2024, adjourned till September 16, 2024, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto. The case, which was initially before Justice I.O. Ijelu of the Lagos State High Court, Ikeja, had suffered several adjournments due to the absence of the defendant to take his plea with respect to the 10-count charges preferred against him by the Economic and Financial Crimes Commission, EFCC. He was charged alongside his companies, Ibeto Energy Development Company and Odoh Holdings Ltd. Justice Ijelu had, on November 3, 2023 declared Ibeto wanted based on the application moved by counsel to the EFCC, Rotimi Jacobs, SAN. He had also issued a bench warrant for his arrest. However, when the case came up on January 29, 2024, the court informed all parties involved that the case file had been returned to
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GOV. ABIODUN: CNG BUSES'LL REVOLUTIONIZE TRANSPORT SECTOR. (PHOTOS).#PRESS RELEASE

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Abiodun: CNG buses'll revolutionize transport sector


Ogun State Governor, Prince Dapo Abiodun has said the introduction of Compressed Natural Gas (CNG) Mass Transit Buses in the country will revolutionize the entire transport sector and reduce the hardship being experienced by Nigerians as a result of the recent removal of fuel subsidy by the federal government.


The state on Monday unveiled the first set of Compressed Natural Gas (CNG) Mass Transit Buses in the country with a promise by Governor Abiodun to expand the scope of the scheme's operation throughout the state.


The 17 converted vehicles in the maiden scheme became the first in the country in response to the recent removal of fuel subsidy by the Federal Government, with the deployment of CNG Technology and E- Mobility as a better alternative and viable means of  transportation in the Gateway State


Governor Abiodun, while speaking at the launching, said the initiative was conceived even before the fuel subsidy removal as his administration was desirous of a cost-effective transportation system with little impact on the environment. 


"The initiative was clearly anticipated because we knew that the regulation of the downstream sector was eminent and unavoidable. 


"This has become very imperative considering the urgent need to provide a cleaner environment and to mitigate the effects of climate change which we are all seeing to be real and which principally is caused by the use of fossil fuel, predominantly diesel and petrol.


"As your governor, I am extremely delighted that we are able to commence the implementation of this laudable initiative and I am bold to say that we come tops yet again as the first state in the country to record this feat which is another successful Public Private sector partnership with our partner called Spiro, a company that has successfully deplored this in other parts of the West Africa sub-region," the governor said.

More photos below. 










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