Lagos Businessman Lands In Prison For Allegedly Stealing N11m Diesel

Posted on June 3, 2025

PAUL IYOGHOJIE

Operatives of the Nigeria Police Zone 2 Command, Lagos have arrested a businessman, John Ibe Nnadozie and charged him before a Lagos Magistrate’s Court for allegedly obtaining 9,167,000 litres of diesel valued at N11 million from the manager of Obededom Oil and Gas Limited, Ajayi Segun under false pretence.

Police said that the defendant obtained the diesel from the complainant to sell and make profit and remit the proceeds to the complainant, but that the defendant sold the diesel and allegedly converted the N11m proceeds to his personal use and escaped.

Police alleged that following the development, the complainant petitioned the Assistant Inspector General of Police Adegoke Fayoade incharge of Zone 2 Command, Lagos who swiftly directed his men to arrest the defendant.

The defendant was arraigned before the Igbosere Magistrate’s Court sitting at the Tinubu Magistrate’s Court on a three-count bordering on obtaining, stealing and giving false information against the Complainant to the Police.

Police prosecutor, ASP Jimoh Joseph told the Court in the charge marked P/25/2025 that the defendant committed the offence in March, 2024 at 20, Oredayo Street, Agege, Lagos.

Joseph informed the court that the defendant obtained 9,167,000 from the complainant,  Segun, the Manager incharge of Obededom Oil and Gas Limited to sell and make his profit and remit the proceeds into the complainant’s account, but that the defendant sold the diesel and allegedly converted the N11 million to his use.

He said the offences, the defendant committed were punishable under sections 411,314, 287 and 96(a) of the Criminal Law of Lagos State, 2015.

The defendant pleaded not guilty to the charges and the presiding Magistrate granted him bail and adjourned the case.

Leave a Reply

Your email address will not be published.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

Latest News

President Bola Tinubu has expressed condolences to the family, friends, and colleagues of Taiwo... Continue
The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin... Continue
As Europe’s biggest leagues return, Goldberg brings instant airtime and weekly N250,000 wins to... Continue
KAYODE ODUNARO  By the nature of my job over the years, I am not... Continue
The Executive Chairman of Ojodu LCDA, Hon. Segun Odunmbaku, has eulogised the Chief of... Continue
BY TUNDE RAHMAN Osun State woke up last Sunday with the same government it... Continue
BY SEUN OLOKETUYI The appointment of Zacch Adedeji as Deputy Director of Fundraising in... Continue
Nigerian filmmaker and sports entrepreneur, Pascal Atuma has welcomed a baby boy with his... Continue
BY EHI BRAIMAH  Nigeria should stop pretending that pouring public money into sports is... Continue
The disappointing outing of the Super Falcons at the last WAFCON and Nigeria’s failure... Continue

UBA


Access Bank

Twitter

Sponsored