Skip to content
August 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • EFCC prosecutes oil dealer over unlawful 800m tonnes of petroleum products deal
  • National News

EFCC prosecutes oil dealer over unlawful 800m tonnes of petroleum products deal

Admin June 29, 2020
EFCC

EFCC operatives

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Joseph Shittu, an illegal oil dealer, in a Federal High Court in Lagos over unlawful dealings in 800 metric tonnes of petroleum products.

The defendant was charged before Justice Maureen Oyetenu, together with a vessel, MT OMUS, on two counts bordering on illegal oil deal.

He, however, pleaded not guilty to the charge.

After his plea, the prosecution counsel, Mr U.U. Buhari, urged the court to give a date for trial of the defendant

But defence counsel, Mr Ikechukwu Ukadike, informed the court of a pending bail application of the defendant.

800 metric tonnes
Judiciary symbol

He, urged the court to admit the defendant to bail on the most liberal terms since the offence was bailable.

In her ruling, Justice Oyetenu, admitted the defendant to  bail in the sum of N10 million with one surety in like sum.

She ordered that the surety must be a civil servant not be below grade level 14, and must have a verifiable address within the court’s jurisdiction.

She also ordered the surety to present a three-years tax clearance, which will be verified by the court’s registry.

The Judge ordered the defendant to remain in the EFCC custody pending his remand at the Nigerian Correctional Service.

She adjourned the case until July 13. for trial .

According to the charge, the defendant committed the offence on Feb. 13, within the jurisdiction of the court.

He was alleged to have attempted to export 800 metric tonnes of petroleum product onboard the vessel MT OMUS, without appropriate license,

The offences contravenes the provisions of Section 1(17) and 1(19) of the Miscellaneous Offences Act, Cap. M17, Laws of the Federation 2004. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: 800 metric tonnes 800 metric tonnes of petroleum metric tonnes of petroleum tonnes of petroleum vessel mt omus

Post navigation

Previous Lagos State discharges 93 more COVID-19 patients, says 1,512 persons have so far recovered
Next Nissan to launch 7 new models in Africa, seeks high growth markets

Related Stories

Benue Police Arrest 5 Pakistani Nationals, Recover 35 Phones in Intelligence Operations Police
  • National News

Benue Police Arrest 5 Pakistani Nationals, Recover 35 Phones in Intelligence Operations

August 8, 2026
Women’s Cup of Nations quarter-finals to decide Africa’s four World Cup spots
  • National News

Women’s Cup of Nations quarter-finals to decide Africa’s four World Cup spots

August 7, 2026
Oil prices drop as investors weigh potential Hormuz deal between Iran and Gulf states reserves crude oil
  • National News

Oil prices drop as investors weigh potential Hormuz deal between Iran and Gulf states

August 7, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Ex-Presidential aide, Jackson Ude, empowers 80 Nkporo youths with N80m business grants Scholarship
  • Society

Ex-Presidential aide, Jackson Ude, empowers 80 Nkporo youths with N80m business grants

August 8, 2026
Gunmen kill 85-year-old community leader in Benin
  • Metro News

Gunmen kill 85-year-old community leader in Benin

August 8, 2026
Benue Police Arrest 5 Pakistani Nationals, Recover 35 Phones in Intelligence Operations Police
  • National News

Benue Police Arrest 5 Pakistani Nationals, Recover 35 Phones in Intelligence Operations

August 8, 2026
Women’s Cup of Nations quarter-finals to decide Africa’s four World Cup spots
  • National News

Women’s Cup of Nations quarter-finals to decide Africa’s four World Cup spots

August 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.