These ventures are becoming increasingly attractive, with developments in deepwater exploration and production technology. … Pure groundnut oil, 3l, 100% cholesterol free. Ben Ezeamalu is an Assistant Managing Editor and the Head of Lagos Operations/Metro Editor at PREMIUM TIMES. Home delivery available nationwide. It is the best oil produced in nigeria so far. 10. ONTARIO OIL & GAS LIMITED @ 2nd Floor, N.C.W.S. The Economic and Financial Crimes Commission is to investigate the health status of the Managing Director of Ontario Oil and Gas Ltd, Mrs Ada Ugo … Headquarters Lagos, Nigeria Ontario Oil and Gas Limited is a world-class integrated trading company. Nigeria’s crude oil generally has a gravity between 21o API and 45o API. Walter Wagbatsoma, chairman, Ontario Oil & Gas Limited who was sentenced to 10 years following his prosecution by EFCC for N754million oil subsidy fraud, has been convicted by Leicester Crown Court in UK for money laundering. The Nigerians call them 'maghas' which is slang for gullible white people. The continent’s top oil exporter relies on crude sales for 90% of foreign exchange earnings. var adx_adsvr_adspace_vAppRoot="https://ads.dochase.com/adx-dir-d/"; They were convicted and sentenced last year by Justice Lateefa Okunnu of the Lagos… Ontario Oil And Gas Limited Office in 10, 10, Ologun Agbaje Street, Victoria Island, Eti Osa, Lagos, Nigeria. Unreliable gas supply 10. connect with 1000s of verified business professionals instantly, Welcome, connect with 1000s of verified business professionals instantly, Are you a new user? Subscribe to our newsletter to know latest information on local businesses, services and deals. House 14B Ahmed Onibudo Street, Victoria Island, Lagos,lagos, Lagos, Ikeja The most powerful member of the Ontario clan, Walter Wagbatsoma, reportedly left Nigeria for Paris shortly before the commencement of prosecution by the EFCC. SEE ALSO: How To Participate In The Oil And Gas Industry In Nigeria. Since this is an FMCG business, it is possible to turn over N500,000 two times before the month runs out. Sorry, your blog cannot share posts by email. Though Nigeria is a major oil exporter, it imports most of its gasoline, and when fuel subsidies were lifted in January 2012, fuel increased from roughly $1.70 per gallon to $3.50. Nigeria slips into recession, weighed down by COVID-19 and oil prices Back to video But growth has been fragile and the pandemic has hit the economy hard, amid low oil prices. var adx_custom=""; SaharaReporters sources say that operators of Ontario Oil and Gas Limited, whose Managing Director, Adaoha Ugo-Ngadi, was docked along … The Chairman of Ontario Oil and Gas Limited, Walter Wagbatsoma and the Managing Director of the company, Adaoha Ugo-Nnadi, have been sentenced to … Post was not sent - check your email addresses! By continuing to use this website you are giving consent to cookies being used. For some countries, the refinery list is further categorized state-by-state A graduate of Microbiology from the University of Jos, Ben won the 2015 Africa Fact-Check Awards and was a runner-up in the 2014 CNN/Multichoice African Journalists of the Year. This is a list of oil refineries.The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. Alyeska Pipeline completes construction of its Trans Alaska Pipeline System, known as TAPS, which moves crude oil from Prudhoe Bay on Alaska’s North Slope to Valdez, AK, USA. Visit VConnect for Ontario Oil And Gas Limited in Eti Osa, Lagos. In 1858, the first oil deposit in North America was found in Ontario, Canada. The administration of the principal legislation regulating oil and gas taxation in Nigeria is under the charge and management of the Federal Inland Revenue Service. He got the job because he bid the contract with a company in Houston. This spillage is allegedly up to 540 million gallons and it may cost 100,000,000 dollars to clean up. Shell Nigeria Employees Vandalize Oil Pipelines. There was mild drama in court on Friday when the Managing Director of Ontario Oil and Gas Limited, Mrs. Ada Ugo-Ngali, fainted at the Lagos State High … He stands to earn $5+ Million for completion of the job plus a $2.4 Million bonus. By Dipo Olowookere A court in the United Kingdom has sentenced Chairman of Ontario Oil & Gas Limited, Mr Walter Wagbatsona, to three and half years in prison. A High Court in Lagos had found Walter Wagbatsoma, Adaoha Ugo-Nnadi, and Ontario Oil and Gas guilty on eight counts of fuel subsidy fraud. A Federal High Court in Lagos has ordered the interim forfeiture of N1.96 billion allegedly belonging to an oil company, Ontario Oil and Gas, over alleged fraudulent sale of refined petroleum. The Appeal Court sitting in Logos, yesterday, upturned a 10 year jail term passed on the Managing Director of Ontario Oil and Gas, Mrs. Ada Ugo-Ngali, by an Ikeja High Court of Lagos state. var adx_nid="13"; All content is Copyrighted © 2020 The Premium Times, Nigeria, Our website uses cookies. Are you a parent searching for the best school for your child that is also affordable? Founded in 2006, we have, within our few years of existence, made significant strides in the downstream sector of the oil and gas industry in Nigeria. SAN FRANCISCO, January 26, (THEWILL) – An Ikeja high court on Thursday sentenced the Managing Director of Ontario Oil and Gas Ltd, Ada Ugo-Ngali, to 10 years imprisonment for defrauding the Federal Government of N754 million in oil subsidy transactions.. Fredrick has 1 job listed on their profile. Reading the appellate court’s decision on Friday, Haruna Garba, one of the judges, while upturning the sentencing held that the grounds upon which the appellants were convicted were faulty because Mr. Wagbatsoma’s charges were not severed before the conviction. This includes oil … He is the General Contractor on his first major job on an oil rig in the Canadian Archipelago, Baffin Island, Terr. Improve the efficiency of your sales cycle with our CRM Software, Vendora Visuals-A Success Story with VConnect, Beauty secrets of your favourite celebrities, 5 Awesome Birthday party theme ideas for your partner. From internet cafes all over west African countries like Nigeria, Ghana, Ivory Coast, Senegal etc scammers are zeroing in on their prey - singles looking for love online. Below is a list of some of the top best private schools in Nigeria: Walter Wagbatsoma with officials of the EFCC. You can access top best private schools near you here. var adx_adsvr_adspace_id="3985"; The Nigerian oil magnate was convicted by a Leicester Crown Court after he was found guilty of conspiracy to … Find Address, Phone Number, Contact Details, customer care, email office address, reviews & ratings. Copyright © 2010 - 2020 VConnect Global Services Limited, a brand owned by Mplify Ltd. Ontario Oil and Gas Limited was incorporated on the 27th of February,2006 to carry on the business as, producers,manufacturers,suppliers,and dealers in petrol, kerosene,diesel oil,fuel oil,lubricant oil,paraffin wax,asphalt,carbon black and all petroleum products and to do the same in respect of Gas products,including cooking Gas and liquid natural Gas. Its main export crudes are Bonny Light (37o ) and Forcados (31o ). SAN FRANCISCO, February 9, (THEWILL) - The Supreme Court and Court of Appeal have both upturned the conviction of oil trader and billionaire, Walter Wagbatsoma, his company, Ontario Oil and Gas Nigeria Limited as well as Adaoha Ugo-Ndagi, the Managing Director. Ontario Oil And Gas Limited Office in 13, 13, B Dar es Salaam Street, Off Aminu Kano Crescent, Wuse, Abuja, Nigeria. Saharareporters learned that the accused Ontario Oil chieftains were shocked by the public humiliation brought upon them by the EFCC. A Federal High Court in Lagos has ordered the interim forfeiture of N1.96 billion allegedly belonging to an oil company, Ontario Oil and Gas, over alleged fraudulent sale of refined petroleum. While Mrs. Ugo-Nnadi, the managing director of the company, was sentenced to seven years in prison; Mr. Wagbatsoma, the chairman, who was under house arrest in the UK over money laundering allegations, was convicted in absentia. of Nunavit, Province of Ontario, with a team of 32 men and his assistant, Albert. if (screen && screen.width > 1024){var script=document.createElement('script'); script.src='//served-by.pixfuture.com/www/delivery/headerbid.js'; script.setAttribute("slotId","20018x300x600x3423x_ADSLOT9"); script.setAttribute("refreshInterval",30); script.setAttribute("refreshTime",5); document.getElementById("20018x300x600x3423x_ADSLOT9").appendChild(script);}. Today, however, Canada’s largest volume of crude oil is produced in Alberta , where the Athabasca oil … The Economic and Financial Crimes Commission had accused the firm of collecting N942 million as subsidy payment instead of N602 million. A Lagos Division of the Court of Appeal on Friday discharged the directors of Ontario Oil and Gas who were convicted for fuel subsidy fraud last year. Create an account. Twitter: @callmebenfigo. A Lagos Division of the Court of Appeal on Friday discharged the directors of Ontario Oil and Gas who were convicted for fuel subsidy fraud last year. Try is for your delicious meals. Nigeria's oil revenue has totaled $340 billion in exports since the 1970s and it is the fifth largest producer. There are various laws regulating oil and gas in Nigeria. Find Address, Phone Number, Contact Details, customer care, email office address, reviews & ratings. This can get better, the longer you stay in the business, the aggressive your marketers are, the higher your turnover. 2023 Presidency: Tinubu’s loyalists storm Oyo, seek support for ex-governor, 20 states indicate interest in FG’s 300,000-unit housing scheme – Presidency, Abductors of Katsina students in talks with Nigerian govt — Masari, Psychologists examine ‘I can kill you, nothing will happen’ remarks by Nigerian security officials, #EndSARS: Police learnt no lessons from protests, unlawful killings persist – RULAAC, ANA Crisis: Nigerian authors continue bitter squabble, hold parallel conventions, Man shot by police during #EndSARS cries for help, NNPC Task Force arrests four more black marketers, NYSC Orientation Camps Address Nationwide, Nigeria’s Federal/States’ Budgets since 2005. Nigeria Oil Production has killed over 2000 people from fire outbreaks to diseased water caused by oil spillage. This groundnut oil is home made, from northern nigeria. Find top best schools in Nigeria and beyond. You are in the right place. Its subsidiary there is SPDC, which runs a joint venture with the Nigerian government. About 65% of Nigeria’s oil is above 35o API with a very low sulphur content. View Fredrick Tuedor’s profile on LinkedIn, the world's largest professional community. Dec 10, 2020 at 09:21 | Charles Kennedy. The Nigerian dating scams are hugely profitable. var adx_size="300x250"; See the complete profile on LinkedIn and discover Fredrick’s connections and jobs at similar companies. The Revenue Service may do all acts as may be deemed necessary and expedient for the assessment and collection of the tax and shall account for all amounts so collected. Visit our. The principals among these laws are the 1999 Constitution of Nigeria (as amended) and the Petroleum Act, which vested ownership and control of oil found anywhere in Nigeria in the Federal Government. Shell has been producing oil in Nigeria for nearly 70 years.
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