The Nation Newspaper

Tag: Ifeanyi Ubah

  • DSS arrests Ifeanyi Uba over N11b fuel ‘theft’

    DSS arrests Ifeanyi Uba over N11b fuel ‘theft’

    The State Security Service (SSS) has arrested the managing director of Capital Oil and Gas Limited, Ifeanyi Ubah, over alleged “economic sabotage”.

    It said Ubah was detained in connection with missing petroleum products.

    “The arrest was sequel to Ubah’s engagement in acts of economic sabotage which include stealing, diversion and illegal sale of petroleum products stored in his tank farm by the Nigeria National Petroleum Corporation (NNPC),” the SSS said in a statement yesterday.

    “So far, it has been established that the products stolen amount to over N11bn.

    “There is no doubt that Ubah’s acts have the capacity to negatively impact on national economy.”

    The fuel products, belonging to NNPC Retail, which was stored in the Capital Oil’s storage facilities in Lagos under a throughput arrangement, went missing under controversial circumstances.

    In March, the Capital Oil and Gas boss reportedly visited the SSS office in Abuja, where he was held for days.

    The Group Managing Director of the NNPC, MaikantiBaru, had said the corporation was committed to using all measures to fully recover the full value of the missing products.

    Last month, four top NNPC officials were retired over the scandal.

    In a statementby Tony Opuiyo, the SSS saidUbah had further engaged “in other activities inimical to national security and public order”.

    “In furtherance of his gimmicks to undermine the government and people of Nigeria, he has incited members of the Petroleum Tanker Drivers (PTD), a critical player in the downstream sub-sector of the Petroleum Industry, to refuse/stop the lifting of products,” it said.

    “This is part of his plans to curry their sentiments and cause them to embark on strike and also stage protests in his favour with the ulterior motive of arm-twisting the NNPC to abandon the cause of recovering the stolen products.

    “The implication of this on law and order is, in fact, a common knowledge. It is consequent upon this that the Service arrested and will prosecute him forthwith.”

  • DSS arrests Ifeanyi Ubah over fuel theft

    DSS arrests Ifeanyi Ubah over fuel theft

    The Chairman of Capital Oil and Gas Limited, Ifeanyi Ubah, has been arrested by the Department of State Services (DSS).

    The DSS disclosed this in a statement issued on Saturday by its spokesman, Tony Opuiyo.

    Opuiyo said Ubah was arrested on Friday in connection with the theft of petroleum products kept by the Nigerian National Petroleum Corporation (NNPC) in his Lagos tank farm.

    The products were valued at over N11 billion.

    The agency said Ubah’s action amounted to economic sabotage, with “capacity to negatively impact on national economy.”

    Opuiyo said the Capital Oil and Gas chairman also engaged in other activities inimical to national security and public order.

    He said, “In furtherance of his gimmicks to undermine the government and people of Nigeria, he has incited members of the Petroleum Tanker Drivers (PTD), a critical player in the downstream sub-sector of the Petroleum Industry, to refuse/stop the lifting of products.

    “This is part of his plans to curry their sentiments and cause them to embark on strike and also stage protests in his favour with the ulterior motive of arm-twisting the NNPC to abandon the cause of recovering the stolen products. The implications of this on law and order are common knowledge. It is consequent upon this that the Service arrested and will prosecute him forthwith.

    ” The public is hereby reassured that the Service will collaborate with appropriate agencies to ensure that the mischievous activities of any person or group(s) to engage in illegal activities will not affect the effective distribution of products across the country. It will also support such agencies to bring to book individuals or companies involved in any criminal act that undermines the nation’s economy.”

    NAN

     

  • Faleye shuns Tornadoes, Ifeanyi Ubah, others

    Faleye shuns Tornadoes, Ifeanyi Ubah, others

    No fewer than five Nigeria Professional Football League (NPFL) clubs have shown interest in signing Shooting Stars Sports Club (3SC) striker, Sunday Faleye.
    A source in the team’s camp in Ibadan revealed to SportingLife that clubs like Niger Tornadoes, FC Ifeanyi Ubah and Rangers International have contacted the club over the possibility of bringing the young star to their sides but Faleye has rejected the offers to stay with the Oluyole Warriors.
    Faleye, who has scored five goals this season, promised to finish the season with the Ibadan-based side before considering any move.
    “Falaye has displayed loyalty to the club because as at last count, we have about five clubs contacting us for his service. But he has no intention of moving to another club now. And he appreciates the club for bringing him to the limelight. He said the club and the fans encouraged him and leaving now will be disappointing. He has said that if at all he wants to move, it should be to a team as big as 3SC. He has scored five goals and he has promised to score more,” a source told SportingLife.
    Other clubs chasing Faleye are Rivers United, Katsina United and Mountain of Fire and Miracles Ministries (MFM) FC.

  • Ifeanyi Ubah’s Yaw Preko targets new signings

    Ifeanyi Ubah’s Yaw Preko targets new signings

    FC Ifeanyi Ubah handler Yaw Preko has stated that he is happy with his team and he will only bring in one or two players.
    “We didn’t start the season too well but gradually we’ve found our feet but we have to keep working hard as the season progresses,” Preko told Goal.
    “I don’t think we need to bring in too many players perhaps one or two will do to fill some gaps but apart from that I am happy with the team.
    “We want to finish the first round on a high note, take a break and then come back to the second round and take it a match at a time. It’s obvious we need to raise our game, a lot is expected from us but we have to be on our toes to make sure we deliver.”
    The Anambra Warriors will host Shooting Stars today and Preko stated that the team is prepared.
    “Like every other game we prepare well and we are well prepared ahead of this match against Shooting Stars today. We want to finish the first round on a high note,” he said.

  • NPFL week 16 result: MFM back on top

    NPFL week 16 result: MFM back on top

    The week 16 round of matches in the Nigerian Professional Football League saw Mountain of Fire and Miracle Ministries Football Club (MFMFC) move back to the top of the league.

    MFMFC defeated Abia Warriors after goals from wonder boy, Sikiru Olatunbosun and star striker Stephen Odey gave them a 2-1 victory at Agege on Wednesday. 

    Odey scored in the 4th minute for the “Olukoya boys” while Olatunbosun doubled the lead in the 31 minute.

    84 minutes into the match, Sunday Adetunji returned a goal for the visitors, but it was too late.NPFL result

    Similarly, Plateau United got a draw away against Rivers United to maintain present strength this season while Rangers United’s poor performance continued with a draw at home to Remo Stars.

    Wikki Tourists, Shooting Stars, Ifeanyi Ubah and Sunshine Stars all got home victories. Lobi Stars tackles Akwa United FC tomorrow in Makurdi.

    MFMFC’s striker, Odey remains the current highest goal scorer in the league with 13 goals.

  • Legend honours Ifeanyi Ubah

    Legend honours Ifeanyi Ubah

    Legend Extra Stout has embarked on a campaign to identify with, celebrate and reward local legends in the different cities where its show, the Legend Real Deal Experience is held.
    In line with that decision, the brand has conferred on Nnewi native, businessman, politician, philanthropist and entrepreneur, Dr. Patrick Ifeanyi Ubah the title, ‘Legend’.
    The 45 years old CEO of Capital Oil and Gas Limited, and Chairman of Ifeanyi Ubah FC expressed delight that he was being honoured.
    An elated Ubah said; “It’s a great honour to be celebrated by Legend Extra Stout in this way. I am grateful for the award and for the fact that my Nnewi people get to unwind. It’s a good thing to take the evening off to just relax.”
    Speaking on why the brand is recognising and celebrating Legends, Portfolio Manager-Mainstream, Lager and Stout brands Nigerian Breweries Emmanuel Agu said; “We believe there is a legend in every man and by celebrating those that are well-known, we can inspire other men to come out of their shells and be real men. It was a great honour meeting Dr. Patrick Ifeanyi Ubah tonight and I’m glad the people of Nnewi came out to not only celebrate him but to also have a great time here at the Real Deal Experience.”
    The show, which also featured exciting performances from dancehall star Timaya, popular live band Tipsy Kelvano, and exciting onstage performances from popular comedian De Don and some local acts, saw thousands of Nnewi residents gather for a night of fun at the Kings Palace Hotel.
    Legend Real Deal Experience will visit Lagos, Port Harcourt, Aba, Abuja, and Enugu in the coming weeks.
    Legend Extra Stout was launched into the Nigerian market in 1992, and was named Legend because it suggested solid reputation and authenticity.

  • CONFED CUP REMATCH: Ifeanyi ubah get Obaje boost

    CONFED CUP REMATCH: Ifeanyi ubah get Obaje boost

    FC Ifeanyiubah are confident NPFL hotshot, Godwin Obaje will be registered in time for next weekend’s CAF Confederation Cup return leg match against Egypt’s Al Masry.
    The Nigerian cup winners are walking a tight rope after they could only manage a lone goal home win over the Egyptians on Sunday.
    Obaje made a late move to ‘The Anambra Warriors’ meaning he was not eligible for Sunday’s first leg narrow win in which the hosts threw away a lot of scoring chances as they were carved out.
    However, the club’s financier Patrick Ifeanyi Ubah has now disclosed that they are working on securing Obaje’s license for the return leg match.
    “We had submitted our list of players when we signed Godwin Obaje. But we are making all efforts to have him for the return leg match and we are getting positive signs, so I can say we will have him available for the match in Egypt”, a delighted Ubah said.
    Obaje scored 18 goals last season to emerge as the NPFL’s top scorer. He was close to a deal with Etoile du Sahel of Tunisia before the deal collapsed, leading to the former Wikki Tourists forward switching to the Federation Cup holders.

  • Obaje joins FC Ifeanyi Ubah

    Obaje joins FC Ifeanyi Ubah

    Last season Nigeria Professional League top scorer Godwin Obaje has joined heavy spenders FC Ifeanyi Uba from Wikki Tourist.

    Obaje finished as top scorer in the NPFL with 18 goals last season, and after two failed attempt to move abroad, he has pitched tent with the millionaire club.

    “I have joined FC Ifeanyi Uba on a three-year deal. I hope to help them achieve their continental and domestic aims this season,” Obaje told Owngoalnigeria.com.

    His deal according to a source in the camp of Ifeanyi Uba makes him the highest paid player in the NPFL, but he refused to reveal the amount.

    “He is now the highest paid player in the league, that is all I can tell you, and his contract will improve after every season. His salary is bigger and better than some in Europe,” the source said.

  • Loute: Ifeanyi Ubah set to conquer Africa

    Loute: Ifeanyi Ubah set to conquer Africa

    FC Ifeanyi Ubah has been tipped by Isaac Loute to be the team to beat in the 2017 CAF Confederation Cup.

    The 2016 Federation Cup champion alongside Wikki Tourist will represent Nigeria in the 2016 CAF Confederation Cup and the former Heartland defender, Loute believes that the Anambra Warriors has what it takes to conquer Africa.

    “Playing on the continent is huge, I know this because I have played there while at Kano Pillars. FC Ifeanyi Ubah is a known club in Africa and beyond, they have heard about the amazing things going on here so the expectation from every opposition when they cross path with us is to play like it’s a final,” Loute told Goal.

    “That will make Ifeanyi Ubah the team to beat but we shall take every match at a time while our target is to make it to the final and hopefully lift the trophy. We have since resumed and preparation for the new Nigerian league season and the 2017 CAF Confederation Cup is on going.”

  • Ifeanyi Ubah work in progress, says Doyeni

    Ifeanyi Ubah work in progress, says Doyeni

    FC Ifeanyi Ubah’s Olawale Doyeni has urged his teammates to consolidate on the success of 2016 in their future assignments.

    The Anambra Warriors fulfilled their target of competing in continental football and Doyeni said the team still has a long way to go if they are to reach their set goal.

    “We can’t afford to start thinking that we have arrived. There is still more work ahead of us. I fully trust the calibre of players we have in our fold,” Doyeni told Goal.

    “The team has to work hard in training so that we can play well in Africa. Most of the guys wish to be on the continental train. We are ready. The owner of the club, Dr Ifeanyi Ubah set targets at the beginning of last season. Part of it was fulfilled and I believe he deserves more than the Federation Cup.

    “The club didn’t get to the continent on a platter of Gold. We worked for it. Everybody should watch out for FC Ifeanyi Ubah in the next campaign. With the support of God and our passionate football owner (Dr Ifeanyi Ubah) we will go places when the battle begins.”