Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,605 members, 7,823,632 topics. Date: Friday, 10 May 2024 at 12:40 PM

Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days (30183 Views)

DPR Suspends Import Permits Of Capital Oil, Sahara & Folawiyo / #FuelScarcity; Senators Visit Capital Oil And Other Petroleum Depots..photos / APC Spent N5 Billion On Buhari’s Chatham House Speech, PDP Campaign Alleges (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Rhino5dm: 6:45pm On Jan 19, 2012
You get any shame at all?. After spamming this whole section with how hard working Igbos are or how corrupt other tribes are and what not, you are still here defending your daft logic.

First thieve busted was Igbo. Lol!. Igbo kwennu grin

Nchara:

Igbos did not protest the fuel subsidy removal to allow people like this stop milking Nigeria dry. In contrast, Yorubas protested the removal to allow people like this to continue to milk Nigeria dry. This is just 5 Billion. Adenuga, Otedola, Wale Tinubu and Otudeko will be refunding trillions.

just 5 billion, indeed! Silly thieve!
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Obiagu1(m): 6:46pm On Jan 19, 2012
What's next? They'll start probing Bovas & Co Nig Ltd.
Where the fuvk are top oil thieves and why are they not being probed?



1) Oando Nigeria Plc (N228.506 billion)
2) MRS (N224.818 billion)
3) Folawiyo Oil (N113.3 billion)
4) AP (N104.5 billion)
5) Obat (N85 billion)
6) Atio Oil (N64.4billion)
7) Con Oil (N37.96 billion)
8- Integrated Oil and Gas Plc (N30 billion)
9) ACON (N24.1 billion)
10) Capital Oil (N22.4 billion)
11) Enak Oil & Gas (N19.684 billion)
12) Emac Oil (N19.2 billion)
13) D.Jones Oil (N14.8 billion)
14) Honey Well (N12.2 billion)
15) AMP (N11.4 billion)
16) IPMAN Investment Limited (N10.9 billion)
17) Bovas & Co. Nig Ltd (N5.685 billion)
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by MrGlobe(m): 6:49pm On Jan 19, 2012
, and this id/iot is gearing up to contest the Anambra guber polls with stolen money. How can he be told to refund a meagre 5 billion of all the loot? Connection and corruption but anyways am not with all these until the biggest scammer allison madueke is sent to kirikiri maximum prison
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by 989900: 6:50pm On Jan 19, 2012
He is not alone.

We want all of them to be named and prosecuted.

No scapegoating.

No wash wash.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Nobody: 6:54pm On Jan 19, 2012
I was tellin my wife yesterday that this guy will be there. The guy that never clocks 40 yrs but has massive wealth like that. Again, who are the board of directors of capitol oil? They are ngiges, peter obi and the like, Food for thought
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Nobody: 6:55pm On Jan 19, 2012
Obiagu1:

What's next? They'll start probing Bovas & Co Nig Ltd.
Where the fuvk is top oil thieves and why are they not being probed?



1) Oando Nigeria Plc (N228.506 billion) WALE TINUBU
2) MRS (N224.818 billion) SAYYU DANTATA
3) Folawiyo Oil (N113.3 billion) TUNDE FOLAWIYO
4) AP (N104.5 billion) FEMI OTEDOLA
5) Obat (N85 billion) OBA OBATERU AKINRUNTAN, THE OLUGBO of UGBO KINGDOM.
6) Atio Oil (N64.4billion) WHO?
7) Con Oil (N37.96 billion) MIKE ADENUGA
8- Integrated Oil and Gas Plc (N30 billion) WHO?
9) ACON (N24.1 billion) WHO?
10) Capital Oil (N22.4 billion) IFEANYI UBAH
11) Enak Oil & Gas (N19.684 billion) WHO?
12) Emac Oil (N19.2 billion) WHO?
13) D.Jones Oil (N14.8 billion) WHO?
14) Honey Well (N12.2 billion) OBA OTUDEKO
15) AMP (N11.4 billion) WHO?
16) IPMAN Investment Limited (N10.9 billion) WHO?
17) Bovas & Co. Nig Ltd (N5.685 billion) WHO?

I've tried my best in putting names behind some of the companies. Now, who has any ideas about the names behind the other shadowy companies? We need actual names, not just company names.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Nchara: 6:57pm On Jan 19, 2012
Rhino.5dm:

You  get any shame at all?. After spamming this whole section with how hard working Igbos are or how corrupt other tribes are and what not, you are still here defending your daft logic.

First thieve busted was Igbo. Lol!. Igbo kwennu grin

just 5 billion, indeed! Silly thieve!


11) Oando Nigeria Plc (N228.506 billion) WALE TINUBU
2) MRS (N224.818 billion) SAYYU DANTATA
3) Folawiyo Oil (N113.3 billion) TUNDE FOLAWIYO
4) AP (N104.5 billion) FEMI OTEDOLA
5) Obat (N85 billion) OBA OBATERU AKINRUNTAN, THE OLUGBO of UGBO KINGDOM.
6) Atio Oil (N64.4billion) WHO?
7) Con Oil (N37.96 billion) MIKE ADENUGA
8- Integrated Oil and Gas Plc (N30 billion) WHO?
9) ACON (N24.1 billion) WHO?
10) Capital Oil (N22.4 billion) IFEANYI UBAH
11) Enak Oil & Gas (N19.684 billion) WHO?
12) Emac Oil (N19.2 billion) WHO?
13) D.Jones Oil (N14.8 billion) WHO?
14) Honey Well (N12.2 billion) OBA OTUDEKO
15) AMP (N11.4 billion) WHO?
16) IPMAN Investment Limited (N10.9 billion) WHO?
17) Bovas & Co. Nig Ltd (N5.685 billion) WHO?

There you have it. You protested in order to protect your thieves. We did not protest in order to expose ours.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Obiagu1(m): 6:58pm On Jan 19, 2012
Nice job pro01

1) Oando Nigeria Plc (N228.506 billion) WALE TINUBU
2) MRS (N224.818 billion) SAYYU DANTATA
3) Folawiyo Oil (N113.3 billion) TUNDE FOLAWIYO
4) AP (N104.5 billion) FEMI OTEDOLA
5) Obat (N85 billion) OBA OBATERU AKINRUNTAN, THE OLUGBO of UGBO KINGDOM.
6) Atio Oil (N64.4billion) WHO?
7) Con Oil (N37.96 billion) MIKE ADENUGA
8- Integrated Oil and Gas Plc (N30 billion) WHO?
9) ACON (N24.1 billion) WHO?
10) Capital Oil (N22.4 billion) IFEANYI UBAH
11) Enak Oil & Gas (N19.684 billion) WHO?
12) Emac Oil (N19.2 billion) WHO?
13) D.Jones Oil (N14.8 billion) WHO?
14) Honey Well (N12.2 billion) OBA OTUDEKO
15) AMP (N11.4 billion) WHO?
16) IPMAN Investment Limited (N10.9 billion) WHO?
17) Bovas & Co. Nig Ltd (N5.685 billion) WHO?

pro01:

I've tried my best in putting names behind some of the companies. Now, who has any ideas about the names behind the other shadowy companies? We need actual names, not just company names.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by dayokanu(m): 6:59pm On Jan 19, 2012
Rhino.5dm:

You get any shame at all?. After spamming this whole section with how hard working Igbos are or how corrupt other tribes are and what not, you are still here defending your daft logic.

First thieve busted was Igbo. Lol!. Igbo kwennu grin

just 5 billion, indeed! Silly thieve!

yes oo.

Imagine shameless Igbo boy saying ordinary 5billion after telling us they dont steal.

Obiagu1:

What's next? They'll start probing Bovas & Co Nig Ltd.
Where the fuvk are top oil thieves and why are they not being probed?



1) Oando Nigeria Plc (N228.506 billion)
2) MRS (N224.818 billion)
3) Folawiyo Oil (N113.3 billion)
4) AP (N104.5 billion)
5) Obat (N85 billion)
6) Atio Oil (N64.4billion)
7) Con Oil (N37.96 billion)
8- Integrated Oil and Gas Plc (N30 billion)
9) ACON (N24.1 billion)
10) Capital Oil (N22.4 billion)
11) Enak Oil & Gas (N19.684 billion)
12) Emac Oil (N19.2 billion)
13) D.Jones Oil (N14.8 billion)
14) Honey Well (N12.2 billion)
15) AMP (N11.4 billion)
16) IPMAN Investment Limited (N10.9 billion)
17) Bovas & Co. Nig Ltd (N5.685 billion)

Bros how far? Have you found the list of Yoruba Christian governors you desired on the other thread?
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Nchara: 7:00pm On Jan 19, 2012
May be some other folks, I never said Ibo cabals do not exist. In fact, I created a thread comparing the two cabals. Those threads are here for the doubting thomases. Let the self deniers continue.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by klas(m): 7:02pm On Jan 19, 2012
This news is not correct. AMCON can only ask a debtor to pay up the bad loans it has taken over. In this case, it can only ask Capital oil to pay the N5b bad loan. Nothing concern amcon about how much he made from kerosene subsidy. It is not even in a position to know.

BTW, is it not capital oil that has been doing the mobile kero sale that ministers, governors, and LG chairmen have been gleefully launching all over the places?

I hope this news is not planted by his biz competitor who bidded for the mobile kero sale with him and lost. (it was in the news back then)

In all, I am not saying capital oil is not involved in subsidy saga but if this news relate to amcon, then it cannot be about kero fraud.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by bodejohn(m): 7:05pm On Jan 19, 2012
He that must come to equity must do so with clean hands. Even the FG that is pretending to punish a thief is neck deep in corrupt deals or what shall we say about a man that was indicted in the famous Siemens bribery scandal about 4years ago that is now a minister in the federal cabinet. This to me is at best a smoke screen to pretend that the govt is fighting corruption and keep us the number 5 or 6 most corrupted nation, otherwise TI will easily give us the most corrupt country in the world which in reality is our position.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by 989900: 7:10pm On Jan 19, 2012
He is the front. . .his sponsors will arrange the necessary.

We no suppose keep quiet o!

And them plenty wella
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by solemate: 7:15pm On Jan 19, 2012
I am Suprised that most of the Marketers who benefited from this Subsidy is not listed here.
such as PPMC, Masters Energy, Rain Oil and Rahamanniya
what happend to them?
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by solemate: 7:24pm On Jan 19, 2012
Come to tthink of it what of Geacan ann co? We must know all these marketers are not thieves because they collected subsidy
because most of them collected subsidy for products which they delivered.

its only those marketers that collected subsidy without delevering the product can be called thieves
please nairalanders, we have to draw line here
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by gulfer: 7:28pm On Jan 19, 2012
pro01:

I'm very proud of this man, indeed envious of him. Young, entirely self-made multi-billionaire with zero background and zero family connections. This is the Nigerian dream I tell you. When God's favour rains, it pours.
Can you hear yourself drool, Ode, Adato.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by emmatok(m): 7:29pm On Jan 19, 2012
LOL,

Na IGBO man be GEJ first scapegoat.

O'boy GEJ wicked no be small.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Nobody: 7:33pm On Jan 19, 2012
U r d only 1 with brains here. Jst my tot after reading through that piece over again. Alhj haram also made a valid point. klas :
This news is not correct. AMCONcan only ask a debtor to pay up the bad loans it has taken over. In this case, it can only ask Capital oil to pay the N5b bad loan. Nothing concern amcon about how much he made fromkerosene subsidy. It is not even in a position to know.
BTW, is it not capital oil that has been doing the mobile kero salethat ministers, governors, and LG chairmen have been gleefullylaunching all over the places?
I hope this news is not planted by his biz competitor who bidded for the mobile kero sale with him and lost. (it was in the news back then)
In all, I am not saying capital oil is not involved in subsidy saga but if this news relate to amcon,then it cannot be about kero fraud
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by dayokanu(m): 7:34pm On Jan 19, 2012
emmatok:

LOL,

Na IGBO man be GEJ first scapegoat.

O'boy GEJ wicked no be small.



Igbos are always scapegoats, they are born slaves so no one cares
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by tunnytox(m): 7:35pm On Jan 19, 2012
Corruption has no boundaries and as far as Nigeria is concerned almost everyone is corrupt; igbos, yorubas, hausa, fulanis, efik, ijaw, itsekiri, nupe, tiv, uhrobo,etc everyone is involved.

We need a hard hearted revolutionists to wipe out these leeches.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Nchara: 7:38pm On Jan 19, 2012
1) Oando Nigeria Plc (N228.506 billion) WALE TINUBU
2) MRS (N224.818 billion) SAYYU DANTATA
3) Folawiyo Oil (N113.3 billion) TUNDE FOLAWIYO
4) AP (N104.5 billion) FEMI OTEDOLA
5) Obat (N85 billion) OBA OBATERU AKINRUNTAN, THE OLUGBO of UGBO KINGDOM.
6) Atio Oil (N64.4billion) WHO?
7) Con Oil (N37.96 billion) MIKE ADENUGA
8- Integrated Oil and Gas Plc (N30 billion) WHO?
9) ACON (N24.1 billion) WHO?
10) Capital Oil (N22.4 billion) IFEANYI UBAH
11) Enak Oil & Gas (N19.684 billion) WHO?
12) Emac Oil (N19.2 billion) WHO?
13) D.Jones Oil (N14.8 billion) WHO?
14) Honey Well (N12.2 billion) OBA OTUDEKO
15) AMP (N11.4 billion) WHO?
16) IPMAN Investment Limited (N10.9 billion) WHO?
17) Bovas & Co. Nig Ltd (N5.685 billion) WHO?

In fact these are all small fries. Wait until the involvement of Obasanjo and the other Heads of State are finally uncovered.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by ezeagu(m): 7:40pm On Jan 19, 2012
emmatok:

LOL,

Na IGBO man be GEJ first scapegoat.

O'boy GEJ wicked no be small.



Is that how they run your village?

dayokanu:

Igbos are always scapegoats, they are born slaves so no one cares

Is that why they're running you out of your own dusty markets?
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Johnpaul2k2(m): 7:42pm On Jan 19, 2012
Rubbish angry angry angry angry angry angry
ifeanyi carry your Money jor. no mind those f00l angry angry angry angry
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Bliss4Lyfe(f): 7:45pm On Jan 19, 2012
lmao grin grin There are many more bigger fish not just Uba. The job must be done properly with jail term handed respectively. It is likely igbo's themselves put him out but without the rest(looters, cabal, boko haram sponsors together as the same people) this exercise is already a failure. nuff said.
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by andyanders: 7:47pm On Jan 19, 2012
What is 5 billion compared to the 65 billion he made? let his property be confiscated
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by dayokanu(m): 7:48pm On Jan 19, 2012
ezeagu:

Is that how they run your village?

Is that why they're running you out of your own dusty markets?

Since their cursed land chased them away, someone has to accomodate them
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by solemate: 7:53pm On Jan 19, 2012
I am Suprised that most of the Marketers who benefited from this Subsidy is not listed here.
such as PPMC, Masters Energy, Rain Oil and Rahamanniya
what happend to them?

I believe these people paid for theirt name to be excluded where as they are the main people involve in this subsidy scam
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Obiagu1(m): 7:56pm On Jan 19, 2012
ezeagu:

Is that why they're running you out of your own dusty markets?

Imagine, in Igboland, Hausas do gateman, shoe cleaner etc for us and Yoruba drive us around in cabs and okada.
In Yorubaland, Yorubas offload our goods, guard our stores, and do masonry for us.

Na wa oo!

Nice trait for 1st Class citizens
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by seunlayi(m): 7:59pm On Jan 19, 2012
the book of Revelation is about to be rewritten in Nigeria

1 Like

Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by ezeagu(m): 8:02pm On Jan 19, 2012
Obiagu1:

Imagine, in Igboland, Hausas do gateman, shoe cleaner etc for us and Yoruba drive us around in cabs and okada.
In Yorubaland, Yorubas offload our goods, guard our stores, and do masonry for us.

Na wa oo!

Nice trait for 1st Class citizens

What a slaves life! Chaaaaaaiiiiiii!
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Johnpaul2k2(m): 8:02pm On Jan 19, 2012
Obiagu1:

Nice job pro01

1) Oando Nigeria Plc (N228.506 billion) WALE TINUBU
2) MRS (N224.818 billion) SAYYU DANTATA
3) Folawiyo Oil (N113.3 billion) TUNDE FOLAWIYO
4) AP (N104.5 billion) FEMI OTEDOLA
5) Obat (N85 billion) OBA OBATERU AKINRUNTAN, THE OLUGBO of UGBO KINGDOM.
6) Atio Oil (N64.4billion) WHO?
7) Con Oil (N37.96 billion) MIKE ADENUGA
8- Integrated Oil and Gas Plc (N30 billion) WHO?
9) ACON (N24.1 billion) WHO?

10) Capital Oil (N22.4 billion) IFEANYI UBAH
11) Enak Oil & Gas (N19.684 billion) WHO?
12) Emac Oil (N19.2 billion) WHO?
13) D.Jones Oil (N14.8 billion) WHO?
14) Honey Well (N12.2 billion) OBA OTUDEKO
15) AMP (N11.4 billion) WHO?
16) IPMAN Investment Limited (N10.9 billion) WHO?
17) Bovas & Co. Nig Ltd (N5.685 billion) WHO?

what about the first 9 names like adewuda and co angry angry angry angry
stvpid and jobless Bigots
God punish una father there.
because he is an igbo man abi angry angry angry angry
Re: Subsidy Fraud: Ifeanyi Uba (Capital Oil) Must Repay N5 Billion Within 60 Days by Obiagu1(m): 8:07pm On Jan 19, 2012
ezeagu:

What a slaves life! Chaaaaaaiiiiiii!

That's why the number of almajiris and subsidy beggars are increasing.

(1) (2) (3) (4) (5) (Reply)

Premium Times Special Report On Road Projects Across Nigeria Under PMB / Davido Is Atikulating The Good People Of Port Hacourt - Dele Momodu Shares Video / Killers Of Christopher Dega, Ortom’s Aide Arrested

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.