Petrol: NNPC Invites DSS, EFCC to Recover N11bn from Capital Oil Ifeanyi Uba: National oil coy also owes my firm Chineme Okafor in Abuja The Nigerian National Petroleum Corporation (NNPC) yesterday, stated that it would take full measures, including inviting
the Department of State Security (DSS) and Economic and Financial Crime Commission (EFCC) to recover about N11 billion worth of Premium Motor Spirit (PMS) which it stored in the facilities
of Capital Oil and Gas Limited, under a throughput arrangement, but which was allegedly sold without its permission by the firm. But in a swift reaction, the
Group Managing Director of Capital Oil and Gas Limited, Ifeanyi Uba told THISDAY last night that the NNPC allegation was misleading and mischievous and that the firm failed to tell the
public that it also owed Capital Oil billions of Naira from their mutual business transactions. The corporation stated in a statement from its Group General Manager, Public Affairs Division,
Mr. Ndu Ughamadu, in Abuja, that several committees, including an investigative committee had been set up to amongst other Continued on page 8
Makarfi Wants to Kill PDP, Says Governor Dickson ... Page 54 Saturday 18 March, 2017 Vol 22. No 8003. Price: N250
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Federal Ministry of Health Certifies Fanta, Sprite Safe for Consumption The Federal Ministry of Health yesterday clarified the position of Fanta and Sprite, certifying both drinks as safe for consumers. This development arises from
the recent court judgement on a case filed by Fijabi Holdings versus Nigeria Bottling Company (NBC) and National Agency for Food and Drug Administration
and Control (NAFDAC), both joined as a nominal party. The court had ordered NAFDAC to order NBC to issue a mandatory warning on
its Fanta and Sprite products, stating that the contents should not be taken with Vitamin C in order to avoid poisoning According to the statement
signed by Akinola Boade, Director of Media and Public Relations, Federal Ministry of Health, the findings of the Ministry’s investigation revealed
that both Benzoic acid and Ascorbic acid (Vitamin C) are ingredients approved Continued on page 8
OPL245:ShellWins,CourtVacates Forfeiture Order Granted EFCC Abacha family, Fasawe, Amasaga drag FG, 6 others to court over re-allocation of oil block
Alex Enumah in Abuja The Abuja division of the Federal High Court yesterday vacated an interim order of forfeiture granted the Economic and Financial Crimes Commission (EFCC) in respect of the Oil Prospecting License (OPL) 245 otherwise known as Malabu Oil. Also yesterday, three claimnants of stake in Malabu Oil and Gas – Otunba Oyewole Fasawe, Mohammed Sani Abacha and Kweku Amasaga – dragged the federal government and six others before the Abuja division of the Federal High Court over the re-allocation of OPL 245. Justice John Tsoho of the Federal High Court vacated the order in a ruling he delivered on an application by Shell Nigeria Exploration and Production Company Limited and Nigerian Agip Exploration. Tsoho in his ruling held that conditions precedents before such order could be issued were not met by the Chairman of the EFCC. Continued on page 8
ADIEU OGBEMUDIA...
L-R: Daughter of the deceased, Mrs. Amen Ogbemudia Uhunmwangho; Rev. Mrs Dele Goerge; Edo Deputy-Governor, Philip Shuaibu; former Head of State, Gen. Yakubu Gowon; Governor Godwin Obaseki; son of the deceased, Sam Ogbemudia Jnr, and former Edo State Governor, Adams Oshiomhole, at late Samuel Ogbemudia's final burial ceremony in Benin City, yesterday ... DAN UKANA
Naira Extends Gain on Parallel Market, Now N449/$1... Page 15