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Court jails two persons in $1.6b money laundering trial of Omokore and Others

According to the trial judge, public officials must act at arm’s length with private individuals, especially those that have business relations with their Departments or Agencies.
The court however ordered that the fourth and fifth defendants should be kept in the custody of the EFCC pending their sentencing on Wednesday.
Surprisingly, the court acquitted three other defendants, Olajide Omokore and two companies linked to him, Atlantic Energy Brass Limited and Atlantic Energy Drilling Concept Limited, purveyors of the car gifts for which the 4th and 5th defendants were convicted, on the grounds the EFCC failed to prove its case against them.
How the receiver of a gift will be guilty of an offence while the giver is allowed to go home is the key puzzle of this judgment more so as the first defendant, Omokore, is also on the charge for which the 4th and 5th defendants were convicted.
Consequently, ahead of the sentencing of the 4th and 5th defendants on Wednesday, the EFCC will approach the Court of Appeal to set aside the acquittal of Omokore and the two companies linked to him.
Omokore, two of his companies, Atlantic Energy Brass Limited and Atlantic Energy Drilling Concept Limited, as well as Victor Briggs, former managing director, Nigeria Petroleum Development Company, NPDC and Membere Abiye were prosecuted by the EFCC for alleged oil fraud to the tune of $1.6billion.
Specifically, Omokore was alleged to have used the Strategic Alliance Agreement signed between the NPDC and Atlantic Energy Drilling Concept Limited to swindle the NPDC and the Nigerian government of monies running into billions of dollars through the lifting of crude oil from some oil wells between March 2013 and May 2014.
The other defendants who were senior management staff of the NNPC were accused of conspiracy in inducing the NPDC to facilitate the lifting of crude by Omokore, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concept Limited; and receiving car gifts from Omokore, Atlantic Energy Brass Development Limited and Atlantic Energy Drilling Concept Limited.
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At World Environment Day celebration, NIWA renews commitment to clean, secure waterways

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Tope Fajemirokun, WABOTAN President, decries high cost of water transportation in Nigeria

The President of the Waterfront Boat Owners and Transporters Association of Nigeria (WABOTAN), Mr. Tope Fajemirokun, has lamented the prohibitive cost of water transportation in Nigeria which he said has continued to discourage Nigerians from using this viable mode of transportation.
“With the support of my friend and brother, Frank Meke, the programme will bring together stakeholders, the media, and regulatory agencies to further strengthen safety awareness,” he stated.
The WABOTAN President noted that the association has implemented several safety measures in preparation for the rainy season and acknowledged the efforts of regulatory authorities in sensitizing operators and passengers.
“A few months ago, LASWA invested significantly in clearing water hyacinth from Lagos waterways. Water hyacinth is a fast-growing aquatic plant that obstructs navigation and poses safety risks on waterways,” he explained.
Fajemirokun said WABOTAN has enjoyed strong cooperation from both LASWA and NIWA in promoting safety and regulatory compliance across the sector.
“With NIWA’s support, we are intensifying sensitization efforts in those states and across other parts of the country,” he said.
He added that several states are establishing their own waterway authorities and commended NIWA for providing guidance and support in that regard.
Speaking on the need to phase out unsafe banana and wooden boats, Fajemirokun called for greater government intervention and financial support for operators seeking to invest in safer and more modern vessels.
“The government needs to come to our aid, just as the Lagos State Government has been doing.
” State governments should also invest more in water transportation to ensure that Nigerians can fully benefit from the opportunities offered by the waterways,” he said.
He further urged government authorities to take a more active role in developing the water transportation sector, noting that the high cost of water travel discourages many commuters.
Also speaking on the programme, veteran maritime journalist Frank Meke acknowledged government efforts but stressed that more needs to be done to unlock the full potential of Nigeria’s water transportation system.”Our roads are heavily congested. As we speak, Apapa remains gridlocked. Imagine the impact if government invested more in water transportation.
” Government agencies should demonstrate a similar level of commitment,” Meke said.
He also expressed concern about states such as Kwara, Niger, Benue, and Taraba, where waterways could serve as a more affordable and efficient means of transporting agricultural produce.
According to him, many farmers in these states need reliable and cost-effective transportation options to move their goods to market, making water transportation a viable alternative.
Meke called on the government to declare a state of emergency in the water transportation sector, emphasizing the need for alternative modes of transportation beyond road networks.
“Nigerians need efficient alternatives to road transport, and WABOTAN has played a significant role in advancing the sector.
” As the rainy season approaches, we must prepare adequately for emergencies,” he stated.
Fajemirokun concluded by urging all boat operators to prioritize safety at all times and ensure that passengers wear life jackets before embarking on any journey.
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Nigeria gains prominence in standard maritime training capacity as NSML secures prestigious UK certification

“It strengthens our global standing, certification by globally respected bodies affirms that the standard of training and expertise developed here in Nigeria can compete with the best anywhere in the world.
“It enhances the employability and mobility of Nigerian maritime professionals with internationally recognised training; our seafarers are better positioned to access opportunities across global fleets and offshore operations.
“It reinforces our commitment to building capacity locally, this milestone demonstrates clearly that world-class maritime training can be delivered here at home, reducing reliance on foreign institutions while raising national capability.
“It also reinforces safety and professionalism within the sector.
“The certifications obtained by the MCOE affirm that the professionals trained here meet high international expectations in performance, safety, and operational readiness.
“Beyond the industry, the impact is broader. A stronger maritime workforce contributes directly to trade, shipping, offshore operations, and the growth of Nigeria’s blue economy supporting job creation, productivity, and national competitiveness” the NSML MD declared.
The Centre is equipped with state-of-the-art simulators and modern training facilities designed to support the continuous professional development of seafarers and maritime professionals, with an expanding portfolio of both mandatory and specialised courses.
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