Skip to content
October 28, 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
  • Four in EFCC Net for Petroleum Products Diversion in Kano
  • National News

Four in EFCC Net for Petroleum Products Diversion in Kano

Admin March 8, 2016

EFCCThe Economic and Financial Crimes Commission EFCC, has arrested four suspects namely Musbahu Garba, Goje Ezekiel, Ali Musa and Anas Abubakar for Conspiracy, Economic Sabotage and Diversion of 55,000 litres Premium Motor Spirit (PMS) worth N4,757,500 (four million, seven hundred and fifty seven thousand, five hundred Naira at controlled price.

The discovery was made by an Operative of the Commission who was on a routine surveillance of petrol stations in some parts of Kano State. The operative discovered that a tanker with registration No. AGL 837 XH belonging to Total (Nig.) Plc was discharging 55,000 litres of PMS into a petrol dump of one Chalawa Oil and Gas Ltd located at Abasawa, a suburb in kano State.

Preliminary investigation into the case revealed that the product was loaded in Lagos on 25th February, 2016 and got to Kano on 4th March, 2016 where necessary documentations were reportedly carried out at NNPC Deport, Hotoro to enable Total (the owner of the product) to access Petroleum Equalisation and Bridging funds.

The manifest from the Department of Petroleum Resources (DPR), Kano Depot also revealed that the product was expected to be discharged at Beha Tech Filling Station in Giade Local Government Area, Bauchi State but was diverted to Chalawa Oil and Gas in Kano State.

The product was reportedly purchased by Chalawa Oil and Gas Ltd at One Hundred and Forty Naira per litre (N140.00/litre) totalling Seven Million, Seven Hundred Thousand Naira (N7, 700, 000.00) for 55,000 litres.

Already a difference of N2, 942,500.00 has been exploited by the marketers excluding Petroleum Equalisation and bridging funds the government is paying Total. Investigation is still in progress and culprits will be charged to court for various offences upon completion.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar recommended

Post navigation

Previous Army Loses General Abubakar in Road Accident as Troops Kill 18 Insurgents in Fresh Offensive
Next Buhari Backs NCC on MTN Fine as Minister Warns Telcos Against Fraudulent Charges

Related Stories

Court dismisses Nollywood actor’s N10bn damages suit against Wike’s aide Federal High Court
  • National News

Court dismisses Nollywood actor’s N10bn damages suit against Wike’s aide

October 28, 2026
E-Waste Dialogue 2026: NCC, NLNG Drum Support for ITREALMS Multi-Stakeholder Forum
  • National News

E-Waste Dialogue 2026: NCC, NLNG Drum Support for ITREALMS Multi-Stakeholder Forum

October 28, 2026
Lavrov Clears Moscow of Involvement in Nigeria’s 2024 Protest Flag Incident
  • National News

Lavrov Clears Moscow of Involvement in Nigeria’s 2024 Protest Flag Incident

October 27, 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

Court dismisses Nollywood actor’s N10bn damages suit against Wike’s aide Federal High Court
  • National News

Court dismisses Nollywood actor’s N10bn damages suit against Wike’s aide

October 28, 2026
Nigeria Targets Regional Industrial Growth with $100m South-East Gas Pipeline Deal
  • Business & Economy

Nigeria Targets Regional Industrial Growth with $100m South-East Gas Pipeline Deal

October 28, 2026
Tragic Wednesday in Lagos: 4 Dead, 7 Injured in Three Separate Road Crashes LASEMA
  • metro

Tragic Wednesday in Lagos: 4 Dead, 7 Injured in Three Separate Road Crashes

October 28, 2026
Dangote Refinery IPO attracts investors from 120 countries – NGX Group
  • Business & Economy

Dangote Refinery IPO attracts investors from 120 countries – NGX Group

October 28, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.