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Dumebi Kachikwu on the run, wanted for graft charges….



The brother of the minister of state for petroleum, Dumebi Kachikwu, was on the run last week, possibly somewhere in the Washington metro area of the United States, hunted by anti-corruption agency investigators for “multiple bribery” linked to the NNPC, and PPMC.

Stakeholders months ago raised the alarm over what it termed ‎’frightening attempt to hijack and wrap up NNPC’ by the controversial businessman who it said was taking advantage of his elder brother ( Emmanuel Kachikwu’s) position of group managing director of NNPC at that time, to control the affairs of the corporation and by large the oil industry, especially PPMC at that time.

Sources revealed that a lavish office opened in Asokoro in the wake of his brother’s appointment was used as a clearing house for shady deals.

A top oil magnate confided in this media house that marketers submit bids and proposals at the Asokoro office, obtain approvals and the documents sent to the then boss of the PPMC, Mrs Esther Nnamdi-Ogbue to implement.

Image result for pictures of dumebi kachikwu's cars

Worried about the consequences and multiple fraud in the process, Ogbue at some point refused to play ball, her refusal led to her removal by Dr Ibe Kachikwu.

Ogbue was re-assigned as MD, NNPC Retail a smaller office cut off from her earlier position as part of what Kachikwu said was re-structuring of the corporation. The face-off between Kachikwu and Ogbue led to her invitation to the EFCC’s office.

Documents in our possession showed severe violations of rules in most transactions.

Pictures of the multi-billion Naira residence of Dumebi Kachikwu shows state of the art cars which includes, Bentley, Range Rover Sports and other luxury cars worth billions of Naira.

Dumebi last year was arrested by the Economic and Financial Crimes Commission (EFCC) in a case of obtaining by false pretence.He was arrested on the evening of Friday, January 9th. EFCC operatives had previously raided his No 27 Gana Street, Maitama, Abuja home in the early hours of same day and executed a search warrant of the property.

He was accused of taking N750M from Ndudi Elumelu a former House of Representatives member in a bid to help him obtain the PDP Delta state’s gubernatorial ticket. Some part of the money was paid back to Ndudi according to friends in the know.

Dumebi, a known PDP loyalist was once married to former minister of aviation, Kema Chikwe’s daughter. He is in his early 40’s with no known company, no work history, except those used to curry deals.





– Persecond News

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News and Report

House Of Representatives Issues Warrant Of Arrest On Central Bank Governor, Cardoso, Accountant-General, 17 Others




The House of Representatives’ Committee on Public Petitions has asked for a warrant of arrest to be issued on the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the Accountant-General of the Federation (AGF), Oluwatoyin Madein, and 17 others over refusal to appear before it to answer questions on their operations.

It was gathered that the issuance of the arrest warrant was sequel to the adoption of a motion moved by Fred Agbedi, representing Ekeremo/Sagbama Federal Constituency of Bayelsa State on the platform of the Peoples Democratic Party (PDP) at the committee’s hearing on Tuesday.

Agbedi, while moving the motion, said that the arrest warrant had become imperative following the attitude of the invitees, adding that the parliament worked with time and the CEOs had been invited four times but failed to respond to the invitations.

Agbedi said that the CBN Governor, the AGF and the rest of the invitees should be brought to appear before the committee by the Inspector General of Police through a warrant of arrest after due diligence by the House Speaker, Rep Tajudeen Abbas.

The Chairman of the Committee, Micheal Irom (APC-Cross River), in his ruling said that the Inspector-General of Police should ensure the invitees were brought before the committee on December 14.
It was gathered that the petitioner, Fidelis Uzowanem, had earlier said that the petition was anchored on the Nigeria Extractive Industries Transparency Initiative (NEITI) 2021 report.

Irom said, “We took up the challenge to examine the report and discovered that what NEITI put together as a report is only consolidation of fraud that has been going on in the oil and gas industry.

“It dates back to 2016 because we have been following and we put up a petition to this committee to examine what has happened.

“The 2024 budget of 27.5 trillion that has been proposed can be confidently funded from the recoverable amount that we identified in the NEITI report.

“It is basically a concealment of illegal transactions that took place in NNPCL; they have been in a sink with some oil companies where some companies that did not produce crude were paid cash core, an amount paid for crude oil production.”


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FCTA uncovers illegal oil refining warehouse in Abuja




In continuation of the city cleaning exercise, Authorities of the Federal Capital Territory Administration (FCTA) with operatives of security personnel have uncovered an illegal oil refining warehouse in Mabushi, opposite Mobile filling station on Ahmadu Bello way in Abuja.


The Director, Department of Development Control, FCTA, Mukhtar Galadima after the operation on Thursday, said the illegal refining site was discovered during the continuation of the city cleaning exercise.


According to him, about three to four plot of lands designated for commercial purposes have been converted to an area where oil and diesel are being adulterated and circulated to other parts of the city.


Galadima explained that the city sanitation task force will look into the provision of the law and make necessary recommendations to the FCT Administration for further actions on the plots used for the activity.


He said there was no arrest but the items used in carrying out the illegal refining have been impounded.


Galadima said, “During the continuation of our city sanitation exercise in Mabushi opposite Mobile filling station on Ahmadu way, we discovered an illegal refining site where oil and diesel are being adulterated, we have done the needful by moving the items to Nigerian Security and Civil Defence Corps.


“From what we have seen so far, about three or four pilot of lands designated for commercial purposes have been converted to unapproved activities, which we believe the owners are fully aware, there will be consequences.


“We are going to look at the provision of the law and make necessary recommendations to the FCT Administration”


He said the administration will continue to go tough on activities being carried out without government approval,  especially revocation of the titles.


Collaborating, Head, operations FCT Directorate of Road Traffic Service (DRTS), Deborah Osho said the city management team during the exercise also discovered that most of the areas in the Nation’s capital have been converted to illegal car mart and motor parks.


She disclosed that fifteen vehicles have so far been impounded since the operation commenced about two days.

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Central Bank To Freeze Accounts Without BVN, NIN From April 2024




The Central Bank of Nigeria (CBN) said on Friday that it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024.

This is according to a Friday circular by the apex bank which said a BVN or NIN verification will be “conducted shortly”.

It also said all BVN or NIN attached to accounts/wallets must be electronically revalidated by January 31, 2024, according to the circular by the CBN Director of Payments System Management Department Chibuzo Efobi, and the Director of Financial Policy and Regulation Department Haruna Mustapha.

More details later….


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