Connect with us

society

Another Oil Lawsuit Against Shell Alleges Fraud, Deceit, Misrepresentation

Published

on

Shell

Another Oil Lawsuit Against Shell Alleges Fraud, Deceit, Misrepresentation

…As DPR Awards Kugbo West Marginal Field In OML 29 To 7 Waves Petroleum

…Aiteo Seeks Over $2 billion in General, Other Collateral Damages

The controversy surrounding the sale of OML 29 by Shell Petroleum Development Company of Nigeria to Aiteo Eastern Exploration and Production Company Limited in 2014 may be far from being over as Aiteo has again dragged Shell to court over what it alleged as “fraud, deceit and misrepresentation” in the sale.

 

Another Oil Lawsuit Against Shell Alleges Fraud, Deceit, Misrepresentation

 

In a suit, FHC/ABJ/C8/738/2021, dated 27 July 2021 and filed before a Federal High Court in Abuja, Aiteo is accusing Shell of not fully disclosing the true position of the oil wells to it at the time of the sale, despite receiving the full amount required for the sale.

Describing Shell’s action as “fraudulent, deceitful” and a “misrepresentation,” Aiteo is seeking, among others, the payment of over $2 billion from Shell in general and other collateral damages as a result of the alleged lies and deceit at the time of the sale.

Shell, which sold its stake in OML 29 to Aiteo in 2014, is accused of transferring the Kugbo West and Okiori Marginal Fields to the Department of Petroleum Resources without disclosing this to Aiteo during the negotiations that led to the purchase of the asset.
Trouble started with a letter dated September 16, 2021, and titled, ‘2020 Marginal Field Bid Round Award Of Kugbo West Marginal Field Located In OML 29 to 7 Waves Petroleum Limited’, from 7 Waves Petroleum Limited, informing Aiteo that a section of the controversial OML 29 now belongs to 7 Waves, courtesy of the 2020 Oil Bid Round conducted by the Department of Petroleum Resources (DPR).

The letter signed by Mr. Daniel Alabi, Managing Director, 7 Waves Petroleum Limited, stated in part:

“7 Waves Petroleum Limited actively participated in the 2020 Marginal field bid round conducted by the Department of Petroleum Resources [DPR] and emerged as the awardee with 100 per cent equity interest in Kugbo West Marginal Field in OML 29 upon payment of the statutory signature bonus. The field would be jointly operated with our partner ‘Multiplan Nigeria Ltd’.
“Our firm would be glad to discuss and engage with Aiteo Eastern Exploration and Production Company Limited being the lease holder for OML 29 with the underlying objective of executing the required Farmout Agreement thus (to) enable our firm commence field development activities essential to meet the timeline set by the DPR.

“We would be glad to set up an introductory meeting to discuss the next steps, kindly notify our firm of a suitable date and time. Thank you for the assistance, we look forward to a mutually beneficial and long-lasting working relationship.”

Aiteo had earlier received the rude shock when DPR notified it of the new development in a letter dated 3rd August 2021 and signed by Edu Inyang for Director/CEO, DPR.

The letter titled, ‘2020 Marginal Field Bid Round Award Of Kugbo West Marginal Field Located In OML 29 to 7 Waves Petroleum Limited’, copy of which was sighted by THEWILL, stated in part: “Kindly be informed that Kugbo West Marginal Field located in OML 29 has been awarded to 7 Waves Petroleum Limited (7 Waves) following the 2020 Marginal Field Bid Round exercise. The award was accordingly communicated to 7 Waves through our letter DPR/tt86/vol.1/269/98 dated 3rd May 2021.

“The award letter, among others, specified that the awardee negotiate and conclude a Farm-out Agreement with the lease holder of the Oil Mining Lease {OML) 29 within ninety (90) days.

“Consequently, you are hereby requested to commence negotiation of the Farm-out Agreement of Kugbo West Marginal Field with 7 Waves, as the company has met the conditions for the award of the field. It is expected that the negotiation will be concluded within the time specified in paragraph 2 above.”

Responding to the development, Aiteo moved to the court, accusing Shell of not informing it that part of the OML 29 had actually been ceded to the Nigerian National Petroleum Corporation (NNPC), its joint partner for the oil wells, as settlement for other undisclosed obligations.

Apparently miffed by the disappointments it has been meeting with the entire OML 29 since its purchase from Shell in 2013/2014, Aiteo is seeking not only the payment of the sum of $2,135,250,000 that would have been accrued from commercial exploration and other activities if the deal had gone well but also a refund of the sum of $46, 200,000 being the payment made to Shell for the controversial portion of the oil wells that has now been allocated to 7 Waves.

Efforts to get the Media Relations Manager of Shell, Mr Bamidele Odugbesan, to comment on the latest development proved futile when filing this report on Friday as phone calls made to his phone number did not go through.

Recall that bubble had burst for Shell as a court in The Netherlands, early in the year, compelled it to compensate two Nigerian farmers for damages over 2004/2005 oil leaks. Its alleged age-long game of cheating and exploiting technicalities in the production and evacuation of crude oil to allegedly short-change not only the Federal Government, but also local operators in the oil and gas business, were also busted.

And despite all justifications and defence, Shell was also fingered in a messy missing crude oil scandal by local regulator, the Department of Petroleum Resources (DPR) through unapproved metering system, which it allegedly used to misappropriate crude and shortchange local operators.

Continue Reading
Advertisement

society

COAS Launches Nationwide Security Renewal Mission in Plateau

Published

on

COAS Launches Nationwide Security Renewal Mission in Plateau

 

 

 

The Chief of Army Staff, Lieutenant General Waidi Shaibu, on Thursday led a high-level delegation of security chiefs to Plateau State, flagging off a nationwide security renewal mission aimed at strengthening civil-military cooperation and restoring lasting peace across the country.

The visit to Jos, the Plateau State capital, marks the first phase of a coordinated national effort to address persistent security challenges through joint operations, community engagement, and proactive intelligence gathering.

COAS Launches Nationwide Security Renewal Mission in Plateau

Governor Caleb Muftwang received the delegation, describing the initiative as a critical step toward stabilizing affected communities and reinforcing public confidence in security institutions.

Civil-Military Synergy Takes Centre Stage

At the heart of the mission is a renewed emphasis on collaboration between the military, civil authorities, and local communities. Speaking during the visit, Lt. Gen. Shaibu stressed that national security must be treated as a collective responsibility.

He urged citizens to support security agencies by remaining vigilant, sharing credible information, and complying with lawful directives, noting that effective security cannot be achieved in isolation.

Community Engagement as Confidence-Building Tool

In a departure from purely operational engagements, the Army Chief held direct consultations with community leaders and residents in Jos, reinforcing the importance of trust and dialogue in conflict resolution.

Lawmakers, including Dachung Bagos and Ladi Dangyok, commended the initiative, stating that visible engagement by top military leadership helps rebuild confidence among citizens and fosters cooperation.

Proactive Security Operations Underway

Operational updates were provided by Major General Folusho Oyinlola, who disclosed that troops under Operation Enduring Peace have intensified surveillance, intelligence-led patrols, and coordinated actions with other security agencies.

According to the Army, the approach is designed to prevent escalation of threats, safeguard lives and property, and stabilize vulnerable communities before crises emerge.

A Shift Toward Sustainable Peace

Military authorities emphasized that the Plateau visit is part of a broader, long-term strategy to transition from reactive responses to sustainable peacebuilding nationwide. The framework includes strengthening local resilience, ensuring justice, and maintaining continuous engagement with stakeholders.

Analysts view the initiative as a significant policy shift, reflecting a more inclusive security architecture that integrates community participation with military operations.

Call for National Unity

The Army leadership concluded with an appeal to Nigerians to reject divisive narratives and support ongoing efforts to promote unity and peace.

“The success of this mission depends not only on the armed forces but on the cooperation of every citizen,” the COAS stated.

The nationwide security renewal campaign is expected to extend to other regions in the coming weeks as authorities seek to consolidate gains and build a safer, more unified Nigeria.

 

Continue Reading

society

IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security

Published

on

IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security

The Inspector General of Police, Olatunji Disu, on Thursday paid a working visit to Plateau State following recent unrest, holding strategic talks with Governor Caleb Muftwang on measures to strengthen security and prevent further disturbances.

As part of immediate steps to stabilise the situation, the police chief authorised the deployment of specialised tactical units to support officers already on ground across affected areas.

Governor Muftwang commended the swift intervention of the police leadership, praising the dedication and professionalism of security personnel working to restore calm. He also acknowledged the efforts of mobile police officers and lauded the leadership of the state’s Commissioner of Police, Bassey Ewah.

Both the Nigeria Police Force and the Plateau State Government reaffirmed their commitment to safeguarding lives and property, stressing that enhanced collaboration remains key to restoring lasting peace in Plateau State, popularly known as the Home of Peace and Tourism.

 

IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security

Continue Reading

society

Grace Nation Worldwide: A Living Reality – Dr. Chris Okafor

Published

on

Grace Nation Worldwide: A Living Reality – Dr. Chris Okafor

Grace Nation Worldwide: A Living Reality – Dr. Chris Okafor

……“Miracles, Healing, and Deliverance Overflow at Grace Nation Services”

 

The Grace Nation midweek Prophetic Healing, Deliverance, and Solutions (PHDS) Service on 2nd April 2026 at the international headquarters in Ojodu Berger, Lagos, was a spectacular display of God’s power, marked by miracles, healing, and deliverance.

The God of Grace Nation continues to demonstrate His authority, breaking strongholds, healing the sick, restoring lost glory, and providing solutions to every problem presented at His altar.

 

Testimonies of God’s Power

One woman, previously diagnosed with a terminal condition and slated for a ₦4.5 million surgery due to inability to excrete, was prayed for by the Generational Prophet, Christopher Okafor, just a week after visiting the church. Declaring healing within 24 hours, she returned to testify to God’s miraculous intervention.

 

Another pregnant woman, whose baby was bridged and at risk, was located and prayed for. She returned to service with confirmation that her child is now well-positioned for delivery. Similarly, a woman booked for a C-section due to an overdue and poorly positioned pregnancy testified during the service that her baby is now properly positioned, ready for birth.

 

These testimonies underscore the truth: what God cannot do does not exist. Grace Nation has entered a new level of spiritual authority, and with faith, believers are witnessing the impossible become reality.

 

God Works by Principle, Not Gossip

 

In his sermon, Dr. Okafor emphasized that God does not operate on superstition, gossip, or social media pressures. His work is grounded in His Word, and it is through adherence to His principles that Grace Nation continues to flourish.

 

The Generational Prophet stressed that to enjoy divine blessings and fruitfulness, believers must remain connected to God’s Word, faithfully serve Him, and ignore distractions or side-talks. Focused commitment to God’s service guarantees alignment with His miraculous power.

 

Join the Movement

Grace Nation Worldwide is open for all who desire a life transformed by divine intervention. Weekly services include:

Sunday Service: 7:00 AM

Grace Nation Island Service (Ogombo): Wednesday, 5:00 PM

Midweek PHDS Service: Thursday, 7:00 AM

 

Attending these services under the ministry of the Generational Prophet ensures encounters with God’s supernatural power, life-changing miracles, and lasting breakthroughs.

Grace Nation Worldwide is not just a church—it is a reality where faith meets the supernatural.

 

 

By Sunday Adeyemi

 

[email protected]

 

Grace Nation Worldwide: A Living Reality – Dr. Chris Okafor

Continue Reading

Cover Of The Week

Trending