ASUU–ABSU SUSPENDS THREE-WEEK-OLD INDEFINITE STRIKE. (PHOTO). #PRESS RELEASE.

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 ASUU–ABSU SUSPENDS THREE-WEEK-OLD INDEFINITE STRIKE The Academic Staff Union of Universities (ASUU), Abia State University Branch, wishes to inform the University community, all stakeholders and the general public that, following the resolution of Congress held today, Friday, 28th August, 2026, the Branch has suspended its three-week-old comprehensive industrial action with immediate effect. The decision of Congress followed a careful assessment of developments since the commencement of the strike and, particularly, the concrete steps taken towards addressing some of the major issues that necessitated the industrial action. Foremost among these is the full implementation of the 2025 FGN–ASUU salary structure, including the Consolidated Academic Tools Allowance (CATA), which has now been reflected in the August 2026 salaries of academic staff of Abia State University. Congress also acknowledged the payment of the outstanding arrears of check-off dues owed to the Union. ASUU–ABSU co...

EFCC ARRAIGNS THREE, VESSEL FOR ALLEGED 25M OIL THEFT IN LAGOS. (PHOTO). #PRESS RELEASE


 EFCC Arraigns Three, Vessel for Alleged 25m Oil Theft in Lagos


The Economic and Financial Crimes Commission, EFCC,  on Wednesday October 29, 2025 arraigned a vessel, MT Ostria, and three individuals before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, over allegations of petroleum theft involving over 25 million litres of Premium Motor Spirit (PMS) belonging to NNPC Retail Limited.


The defendants, Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin, and Mr. Vincent Wayas, were charged alongside the vessel on a four-count charge bordering on conspiracy and stealing.


According to the charge, the defendants conspired to steal 25,354,000 (Twenty Five Million, Three Hundred and Fifty Four thousand) litres of Premium Motor Spirit,  PMS, offences said to be contrary to Sections 411 and 280 of the Criminal Law of Lagos State, 2015, and punishable under Section 287 of the same law.


One of the counts reads:


“MT Ostria, Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin and Mr. Vincent Wayas sometime in January 2024 in Lagos, within the jurisdiction of this honourable court, conspired amongst yourselves to commit felony, to wit: stealing of Thirteen Million, Five Hundred and Fifty Four Thousand (13,354,000) litres of Premium Motor Spirit, property of NNPC Retail Limited.”


Another count  reads:


"MT OSTRIA, CAPTAIN RAYMUNDO A. PANALIGAM,CHIEF OFFICER RONENO VILLARI and MR. VINCENT WAYAS on or about 17th January 2024 in Lagos, within the jurisdiction of this Honourable Court dishonestly took (Nine Million) 9,000,000.00 litres of Premium Motor Spirit Property of NNPC Retail Limited". 


Other count reads :


"MT OSTRIA, CAPTAIN RAYMUNDO A. PANALIGAM, CHIEF OFFICER RONENO VILLARI and MR. VINCENT WAYAS sometime on or about 17th January 2024 in Lagos, within the jurisdiction of this honourable court  dishonestly took(Three Million) 3,000,000.00litres of Premium Motor Spirit, Property of NNPC Retail Limited". 


All defendants pleaded not guilty to the charges when they were read to them


Following their plea,  prosecuting counsel, Bilikisu Buhari, prayed the court to set a trial date and remand the defendants in a correctional facility. She prayed the court not to grant them bail, that the applicant was a flight risk, that they had nothing to lose if they  jump bail or abscond from trial.


However, the defence team informed the court that bail applications had already been filed and urged that the defendants be allowed to continue under the bail conditions earlier granted by the EFCC.


Justice Dada ruled that the defendants should continue on the existing EFCC bail conditions and subsequently adjourned the case to November 17 and 27, 2025, for the commencement of trial.

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