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N10 Billion, $5 Million Suit: Petrocam Company To Know Fate May 23

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Interestingly, a Federal High Court in Lagos has adjourned till 23rd of May, 2019 to determine either debt recovery suit of N10,062,643,928.72 and $5,247,693,.83 filed before the court by Union bank Plc against an Oil Company, Petrocam Trading Nigeria and two others, Mr. Patrick Ilo and Petrocam Trading LTD South Africa can be termed as abuse of court process or not.

In a statement of claim filled before the court by Union bank Plc’s lawyer, Chief Ajibola Aribisala SAN.,the bank averred that the business structure is such that while Petrocam Trading Nigeria had direct allocation for AGO importation, the company enters into joint venture agreement with interested companies that have PPPRA allocation for importation of Petrol.

This is to assist companies that have allocations but lacks the needed funding to do their business thereby sharing both risk and reward with the company.

Consequently, in pursuance of the banker customer relationship between September 29,2014 and 21st of April 2015, Union bank granted the company Import Trade Facilities to finance the importation of Petroleum products which as at 10th January, 2018, Petrocam Trading Nigeria Limited and its Managing Director/alter Ego of the company, Mr Patrick Ilo are indebted to Union bank as follows: the sum of N10,062,643,928.82 and US$5,247,963.82 with interests still running at prevailing rate.

The bank further averred that although the sum of N200million was remitted into the opening account with the bank, no explanation was made by the company on the failure to remit the whole sovereign debt notes FX and interest differentials or subsidy payments in the sum of N2,162,248,931.01 received from the Federal Government on the said letter of credit finance by the bank before the account was abandoned by the company.

Consequently, the bank’s claims against the defendants are as follows: N10,062,643,928.72, and $5,247,693.82 with accrued interest and N20million as the cost of instituting this action.

However, the defendants in their application filed and argued before the court by their counsel, Mr Gboyega Oyewole SAN urged the court to dismiss or strike out the suit on the ground that they have subsisting legal action against the bank on the same subject matter before the Lagos State High court,therefore the present suit amounts to abuse of court process.

In a counter argument and submission canvassed by Chief Ajibola Aribisala,the bank contended that the suit does not constitute an abuse of court process to the one at the Lagos high court filed by the defendants as parties, reliefs and issues are not the same. The cause of action is equally not the same.

“While the suit filed at the Lagos State High Court is predicated on acts of gross negligence allegedly committed by the bank, the suit filed by the bank before the Federal high court is a debt recovery of suit,therefore the institution of the suit at the Lagos state high court by the defendants does not preclude the bank from bringing this action before this court,therefore in the interest of justice urge the court to dismiss the defendants’ application with heavy cost”.

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Police Repel Coordinated Kidnap Attack In Sokoto, Launch Manhunt

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Police Repel Coordinated Kidnap Attack In Sokoto, Launch Manhunt

 

Security operatives in Sokoto State have foiled a coordinated kidnapping attempt by armed bandits targeting two communities, killing one suspect and launching a manhunt for others who escaped with injuries.

 

According to a statement by the Police Public Relations Officer of the command, Ahmad Rufa’i, the operation was carried out in the early hours of Thursday following a distress call received at about 12:30 a.m. reporting simultaneous attacks on Illela Village, also known as Achida Town, and Kwargaba Hamlet.

 

“The Anti-Kidnapping Unit, in collaboration with other tactical teams, responded swiftly to the distress call,” he said. “Our operatives, who were already on high alert, engaged the bandits in a fierce gun duel and successfully repelled the attack.”

 

Rufa’i disclosed that the security forces overpowered the assailants after a prolonged exchange of gunfire, neutralising one suspect who was dressed in military camouflage, while others fled with gunshot wounds into the nearby Gundumi Forest.

 

“An intensive manhunt is ongoing to track down the fleeing suspects who escaped into the forest with varying degrees of injuries,” he added.

 

However, before the arrival of security personnel, the bandits reportedly shot and killed a member of the Kwargaba community vigilante group. His body has since been recovered and released to his family for burial.

 

The police spokesperson urged residents to remain vigilant and report any suspicious movements or individuals to the nearest security agency, assuring that efforts are being intensified to ensure the safety of lives and property across the state.

 

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The Kendrick Brothers, Cameron Arnett, Kingdom Story Company, Bright Wonder Obasi Train 60 Christian Filmmakers in Nigeria

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 The Kendrick Brothers, Cameron Arnett, Kingdom Story Company, Bright Wonder Obasi Train 60 Christian Filmmakers in Nigeria

 

 

Abuja, Nigeria – April 23, 2026

Successful actors, producers and movie makers like; the Kendrick Brothers, Cameron Arnett, Kingdom Story Company, Bright Wonder Obasi were among the facilitators who trained 60 Christian Filmmakers in Nigeria at the just concluded Africa Gospel Film Project (AGFP) 2026.

 

The groundbreaking 6-day Intensive Filmmaking Masterclass and Spiritual Formation Program, were 60 emerging Christian filmmakers from Nigeria and Zambia were trained in Abuja was held at the Gospel Cinema International /High Definition Film Academy (HDFA) Facility in Gwarinpa.

 

The program brought together a distinguished lineup of facilitators from Nigeria and the United States, positioning AGFP as a leading platform for faith-based filmmaking development in Africa.

 

Among the international facilitators was Stephen Kendrick of the Kendrick Brothers, known for films such as The Forge, War Room, Facing the Giants, and Courageous, Overcomer, Fireproof, who delivered a powerful session titled “Heart of The Filmmaker.” Also featured was Cameron Arnett, who led sessions on “Christ Over Career” and acting for film.

 

Other notable speakers included Nick Carey (Kingdom Story Company), who spoke on “The Making of a Faith-Based Blockbuster Movie,” as well as Bob Saenz (Screenwriting Masterclass), Beverly Holloway (Acting Masterclass), David Cook, Adam Drake, Prince Daniel (Aboki), Lummie Adevbie, Chris Odeh, and Jennifer Keltner (Identity & Storytelling), among others.

 

The program opened with a strong spiritual foundation, including worship and a keynote by the Convener, Bright Wonder Obasi, titled “Calling & Identity: Film as Spiritual Influence/Programming,” which challenged participants to view storytelling as a tool for cultural and spiritual transformation.

 

Participants were grouped into four production studios—House of Gideon, House of Caleb, House of Joshua, and House of David—and underwent three days of intensive masterclasses and workshops across screenwriting, directing, cinematography, acting, editing, and producing, alongside deep spiritual formation.

 

On Day 4, teams developed and pitched short film concepts for professional review and approval. Day 5 was dedicated to full-scale production, with all four teams executing their projects under real industry conditions.

 

The program culminated on Day 6 with:

A Pitch-A-Thon, where 20 filmmakers presented original projects for funding and collaboration.

 

A public screening of four short films produced during the program

Professional feedback from a panel of judges.

 

Certification of all participants

 

Awards for best Screenplay, Cinematography, directing, editing, acting, and overall best short film.

 

The closing ceremony featured a powerful commissioning session led by Pastor Ikenna Okeke, where participants were prayed for and consecrated as “God’s Creative Army.”

 

Speaking after the event, the Convener, Bright Wonder Obasi, described AGFP 2026 as “a movement to raise storytellers who will shape culture and influence nations through truth-driven films.

 

Films that honor God”

With its successful debut, AGFP is now preparing for its next edition, following its mandate to train 300 Christian filmmakers across Africa and develop a slate of six global faith-based films over a three-year period.

The Africa Gospel Film Project continues to position itself as a catalyst for purpose-driven storytelling, industry excellence, and spiritual transformation in African cinema.

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A Renewed Momentum: How the Chief of Army Staff is Repositioning the Nigerian Army for Decisive Impact

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*A Renewed Momentum: How the Chief of Army Staff is Repositioning the Nigerian Army for Decisive Impact*

By Comrade Oladimeji Odeyemi.

 

 

In times of prolonged security challenges, it is easy—almost convenient—for critics to amplify setbacks while ignoring measurable progress. Yet, across Nigeria’s diverse and complex theatres of operation, a different story is steadily unfolding: one of resilience, tactical evolution, and renewed operational effectiveness under the leadership of the Chief of Army Staff, (COAS, Nigerian Army), Lt General Waidi Shaibu.

 

What we are witnessing today is not a media hype or propaganda—it is the outcome of deliberate reforms, improved coordination, and a reinvigorated fighting spirit within the Nigerian Army.

 

*A Clear Shift in Operational Effectiveness*

 

Recent developments across, but not limited to Benue, Plateau, Borno, Yobe, Sokoto, Zamfara, Kogi, Kwara, Edo, and the South-East underscore a critical truth: the Nigerian Army under General Waidi Shaibu is not on the back foot. On the contrary, it is increasingly proactive, intelligence-driven, and responsive.

 

From the successful rescue of kidnapped civilians in Benue, to the interception of armed militias in Plateau, and the neutralisation of insurgents in Borno, the pattern is consistent—swift response, precision engagement, and tangible outcomes.

 

These are not isolated victories. They reflect:

 

– Improved intelligence gathering and utilisation.

 

– Faster troop deployment and mobility.

 

– Enhanced inter-agency collaboration.

 

– Better morale and combat readiness among personnel.

 

Such coordination, especially in asymmetric warfare, does not happen by chance. It is a direct reflection of leadership at the top.

 

*The Chief of Army Staff: Lt General Waidi Shaibu Driving Reform and Results*

 

Since assuming office, the Chief of Army Staff, Lt General Waidi Shaibu has brought a renewed sense of urgency and clarity of purpose to military operations. His leadership style appears anchored on three critical pillars:

 

*1. Operational Aggression with Discipline*

 

Troops are no longer merely reacting—they are taking the fight to criminal elements. Whether dismantling terrorist camps in the North Central states or repelling coordinated attacks in the North-East, or engaging the Unknown Gunmen in the SouthEast, the Nigerian Army is demonstrating initiative and dominance.

 

*2. Intelligence-Led Warfare*

 

Modern conflicts are won as much with information as with firepower. The increasing success in intercepting logistics suppliers, uncovering IEDs, and preempting attacks shows a system that is becoming smarter, not just stronger.

 

*3. Joint Force Synergy*

 

The collaboration between the Army, Air Force, Navy, Police, DSS, and local security groups has significantly improved. Operations in the South Eastern part of the Country and other regions highlight a unified national security architecture—something that has long been advocated but is now visibly taking shape.

 

*Addressing the Culture of Criticism*

 

It must be said plainly: criticism is not inherently wrong in a democracy. However, what is deeply problematic is the pattern of uninformed, selective outrage that ignores context, dismisses progress, and undermines morale.

 

Those who hastily label every security incident as evidence of failure often:

 

– Ignore the complexity of asymmetric warfare.

 

– Overlook the sacrifices of frontline personnel.

 

– Fail to acknowledge the vast geographical and logistical challenges involved.

 

Worse still, some narratives are built on speculation, ethnic bias, or incomplete information—such as prematurely attributing crimes to specific groups without verification.

 

This does not help the nation. It weakens it.

 

*The Reality of the Battlefield*

 

Nigeria is not facing a conventional war. The threats are:

 

– Decentralised.

 

– Embedded within local communities.

 

– Adaptive and unpredictable.

 

From insurgents and bandits to kidnappers and economic saboteurs, the battlefield is fluid. Success, therefore, must be measured not by the absence of incidents, but by the capacity to respond, contain, and degrade threats over time.

 

By this standard, the Nigerian Army is making undeniable progress.

 

*The Human Element: Courage and Sacrifice*

 

Behind every operation report is a human story—soldiers who leave their families behind, who endure harsh terrains, who confront danger daily so that millions of Nigerians can live in relative safety.

 

Some pay the ultimate price.

 

To reduce their efforts to mere statistics or dismiss them outright is not just unfair—it is unjust.

 

*A Call for National Support*

 

The progress being recorded today must be sustained, and that requires more than military effort. It demands:

 

– Public cooperation with security agencies.

 

– Responsible media reporting.

 

– Community vigilance against criminal infiltration

 

– Constructive, informed criticism where necessary.

 

Most importantly, it requires national unity in purpose.

 

*Conclusion: A Force Worthy of Confidence*

 

The Nigerian Army, under the leadership of the Chief of Army Staff, Lt General Waidi Shaibu is demonstrating that with the right direction, commitment, and strategy, meaningful progress is possible—even in the face of complex security challenges.

 

The gains may not always make screaming headlines, but they are real. They are measurable. And they are building momentum.

 

Rather than constant condemnation, what the Armed Forces deserve at this critical time is recognition, encouragement, and unwavering support.

 

Because beyond the noise of criticism lies a simple truth:

these men and women are standing between order and chaos—and they are holding the line.

 

This article was written by Comrade Oladimeji Odeyemi, an entrepreneur and an opinion moulder from Ibadan, Oyo State.

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