Advisors ReportsAdvisors Reports
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: After 13 years of trial delays, Lagos court jails ex-PDP chairman’s son, Ali, one other for petrol subsidy fraud
Share
Sign In
Notification Show More
Font ResizerAa
Advisors ReportsAdvisors Reports
Font ResizerAa
Search
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News

After 13 years of trial delays, Lagos court jails ex-PDP chairman’s son, Ali, one other for petrol subsidy fraud

Admin
Last updated: May 27, 2025 11:10 pm
Admin
Share
5 Min Read
Mamman Nasir Ali and Christian Taylor
SHARE
…convicts fraudulently obtained ₦2.2bn subsidy for fake import of over 30.5m litres of petrol
Oredola Adeola
Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, on Tuesday, May 27, 2025, sentenced Mamman Nasir Ali, son of former PDP National Chairman Ahmadu Ali, and Christian Taylor to 14 years in prison each for a N2.2 billion oil subsidy fraud case that began in 2012 and faced multiple adjournments and re-arraignments.
This was confirmed in a statement obtained by Advisors Reports from the Economic and Financial Crime Commission on Tuesday.
According to the statement the suspects were re-arraigned alongside Nasaman Oil Services Limited on an amended 57-count charge, following new findings in the case.
The defendants had initially been arraigned on a 49-count charge bordering on conspiracy to obtain money by false pretence, forgery and the use of false documents.
One of the counts reads: “Nasaman Oil Services Ltd, Mamman Nasir Ali, Christian Taylor, Oluwaseun Ogunbambo (now at large) and Olabisi Abdul-Afeez (still at large), on or about the  November 9, 2011 at Lagos, within the Ikeja Judicial Division, with intent to defraud, conspired to obtain the sum of N749,991,273.36 (Seven Hundred and Forty-Nine Million, Nine Hundred and Ninety-One Thousand, Two Hundred and Seventy-Three Naira Thirty-six Kobo) from the Federal Government of Nigeria.

They did this by falsely claiming that the sum of N749,991,273.36 represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund for the importation of 10,031,986 litres of Premium Motor Spirit (PMS), which Nasaman Oil Services Ltd purported to have purchased from SEATAC Petroleum Ltd of British Virgin Islands.

It was also claimed that the PMS was imported into Nigeria through MT Liquid Fortune Ltd Ex MT Overseas Lima, which representation you knew to be false.”

Another count reads: “Nasaman Oil Services Ltd, Mamman Nasir Ali, Christian Taylor, Oluwaseun Ogunbambo (now at large) and Olabisi Abdul-Afeez (still at large), on or about the April 11, 2011 at Lagos, within the Ikeja Judicial Division, with intent to defraud, obtained the sum of N1,480,074,125.61 (One Billion Four Hundred and Eighty Million, Seventy-Four Thousand, One Hundred and Twenty-Five Naira Sixty-One Kobo) from the Federal Government of Nigeria.

They did this by claiming that the sum represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund for the importation of 20,492,982.50 litres of Premium Motor Spirit (PMS), which Nasaman Oil Services Ltd purported to have purchased from SEATAC Petroleum Ltd of British Virgin Islands.

It was further claimed that the PMS was imported into Nigeria through MT Liquid Fortune Ex MT. Hellenic Blue and Ex MT. Milleura, which representation you knew to be false.”

They pleaded not guilty to all the charges preferred against them.
They were initially standing trial before Justice Adeniyi Onigbanjo of the Lagos State High Court sitting in Ikeja, Lagos.
However, Justice Onigbanjo withdrew from the case, thereby prompting the re-assignment of the case to Justice Dada.
During the trial, the prosecution led by Seiduh Atteh presented witnesses and tendered documents, which were admitted by the court, to prove its case against the defendants.
Delivering judgment on Tuesday, Justice Dada found the evidence presented by the prosecution compelling and held that the actions of the defendants not only defrauded the government but also undermined the integrity of Nigeria’s oil subsidy programme.
The judge sentenced the defendants to 14 years imprisonment each and also ordered the forfeiture of identified assets and accounts linked to the fraud.
Justice Dada also issued a warrant for the arrest of both Oluwaseun Ogunbambo and Olabisi Abdul Afeez, two other suspects still at large.
The convicts began their journey to the Correctional Centre when they were arrested and arraigned for obtaining the sum of N1,480,074,125.61 from the Federal Government of Nigeria by claiming that the sum represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund for the importation of 20,492,982.50 litres of Premium Motor Spirit (PMS).
The court found them guilty, convicted and sentenced them.
Decade of Gas Secretariat identifies 20 key gas projects to deliver 4.6bcf/d by 2030, bridge 3bcf/d supply deficit
TCN completes repair of Ikeja-West/Osogbo 330kV line after 32 days
Nigeria, Russia, US, six others account for 75% of global gas flaring in 2023 -World Bank reports
Enugu State Government seals EEDC head office amid N1bn electricity debt vendetta
NIPCO PLC achieves 69% turnover increase in 2023 despite product, FX challenges

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article Solid minerals revenue surged by 533% in 2024, as UK, US, Gulf giants’ eyes turn to Nigeria’s Lithium
Next Article NUPRC receives Final Engineering Audit report on upstream measurement equipment from PE Energy
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

Latest News

Nigerians paying just N815–N820 per litre, 55% less than N1,600 regional average –Dangote
Documentary Downstream Energy Transition News Oil & Gas Sustainability Technology
June 2, 2025
Dawcon, Green flare sign flare gas deal with OML 30 JV to power bitcoin mining, AI computing
Gas Green Finance News Power Renewables Sustainability Technology
June 2, 2025
Nigeria’s energy future, investment top agenda, as NAEC conference holds Oct.9
Advertorial Documentary Energy Transition Finance Impact Local Content Midstream News Oil & Gas Power Sustainability Upstream
June 2, 2025
 Lagos-Calabar coastal highway: Tinubu warns developers on corridor setbacks
Concession Documentary Impact News Special Project Sustainability
May 31, 2025
Follow US
© 2022 AdvisorsReports. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?