Connect with us

Headline

Alleged $3.6m Contract Palaver: Court Strikes Out Spurious Criminal Charge Against Addax, Mayaki & Esan

Published

on

 

Addax Petroleum Exploration Nigeria Limited (Addax), Mr. Tunji Mayaki, Addax’s Deputy Managing Director and Dr. Nike Esan, Addax’s Head, Dispute Resolution & Corporate Governance can now heave a sigh of relief as a spurious $3.6m criminal charge brought against them has been struck out by Hon. Justice A. Fadipe of the High Court of Lagos State, Ikeja Judicial Division.

The suit No. ID/16806C/202  filed by the Special Frauds Unit (SFU) of the Nigeria Police Force (NPF) was struck out by tthe court on Friday, March 11, 2023.

The SFU had on 28th October 2021 charged Addax and its officials for the alleged offences of conspiracy to steal and stealing the sum of 3.6 million United State Dollars purportedly belonging to Peacegate Oil and Gas Limited (“Peacegate”) in 2010.

The charge was predicated on a petition submitted to the law enforcement agency on 6th July 2021, by one Mr. Adedoyin Ayorinde, the Managing Director of Peacegate.

In response to the above charge, Addax and its officials, represented by the law firm of Babalakin & Co. led by Mr. Olawale Akoni SAN, filed a notice of preliminary objection, contending that the High Court of Lagos State lacked jurisdiction to hear the charge on the grounds that the charge was premised on a law unknown to Lagos State and significantly too that the proof of evidence did not disclose the commission of any crime as the issues between Peacegate and Addax was basically a civil  and contractual dispute, matters regarding which the Civil courts had already determined..

Addax’s legal representatives further pointed out to the court that Mr. Mayaki and Dr. Esan could not by any stretch of imagination, have conspired to steal or conspire to have stolen any money whatsoever belonging to Peacegate as Mr. Mayaki joined Addax in 2012, two years after the period of the alleged offence and Dr. Esan who was a legal officer without any approving or managerial authority at the relevant period, was never involved in the execution of the contract that led to the dispute.

Dr. Esan only worked on the court and arbitration cases alongside the external lawyers engaged by Addax to defend itself.

Our investigation in the above matter showed the following:

  1. Addax had entered into a contract with Peacegate in October 2008 for the provision of three security vessels to carry out security patrol services for some of Addax’s operation for a duration of 9 months. Peacegate only delivered one of the vessels, MV Rescuer and put same to Addax’s use between 22nd January 2009 and 5th February 2009. However, on 5th February 2009, militants attacked the MV Rescuer resulting in damage to the vessel which consequently became unavailable for Addax’s use.
  2. Addax thus terminated the Contract and a dispute arose between the parties in this regard.   In consonance with the Parties’ contractual dispute resolution provision, Peacegate commenced arbitration proceedings against Addax claiming over $10 million for the damaged vessel and full day rate payment for the three vessels. Addax denied liability.
  3. Upon Peacegate’s request, arbitration was suspended and National Petroleum Investment Management Services (NAPIMS), a division of The Nigerian National Petroleum Corporation (NNPC) waded into the mattee.  After series of meetings,  a settlement was eventually recommended by NAPIMS that apart from the sums already paid to Peacegate by Addax, the sum of $3.6million be paid to Peacegate by Addax. As is the practice in Production Sharing Contract arrangements, Addax sought and obtained NNPC Board’s approval in 2010 to pay the sum of $3.6 Million and N44 Million as full and final settlement of all Peacegate’s claims.
  4. However, at a meeting convened to finalise the settlement,  Peacegate flatly rejected the settlement sum, and opted to continue with the ongoing arbitration proceedings, hoping to recover much more than the settlement sum. Mr. Ayorinde Adedoyin, the CEO of Peacegate and other parties who attended the settlement meeting signed the minutes of the meeting containing this position.
  5. At the end of the arbitration proceedings, the arbitral panel issued its arbitral award on 8th July 2011, wherein it only awarded to Peacegate, the total sum of $420,250 and N162,500 as opposed to its over $10 Million arbitration claim.
  6. Peacegate was dissatisfied with this award but rather than challenge the whole award, decided to pick and choose. It adopted an unlawful and inappropriate approach of seeking to enforce in suit No. (FHC/L/CS/401/2012), the favourable part of the award and at the same time seeking to set aside the unfavourable part. Peacegate sought to enforce the part of award granting it $420,250 and N162,500 and commenced enforcement proceedings against Addax. Addax eventually paid the arbitral award sums.
  7. Peacegate also sought to set aside the part of the award not favourable to it in court by filing Suit No. FHC/L/Cs/981/2011 against Addax.  On 24thApril 2014, the Federal High in its judgment in Suit No FHC/L/CS/981/2011 agreed with Peacegate and set aside the arbitral award without taking cognisance of the fact that the award had been enforced or making any order for a refund of arbitral award sums received by Peacegate. Addax appealed this judgment and the Court of Appeal in its judgment of 10th March 2017, reversed the Federal High Court’s decision and reinstated the Arbitral Award of 8th July 2011. Peacegate has a pending appeal against this decision at the Supreme Court.
  8. Despite the pendency of this appeal, Peacegate continued to go about town complaining to all who cared to listen that Addax and its officials conspired to steal and allegedly stole the sum of $3.6 Million and N44 Million which Peacegate rejected at the settlement meeting convened by NAPIMS.

Our findings at the Nigeria Police Force, confirm that, the authorities of the Nigeria Police Force authorized the SFU to withdraw the criminal charge; particularly as it sought and acted on the legal advice of Directorate of Public Prosecution (DPP) Federal Ministry of Justice with a view to prevent a pervasion and miscarriage of justice through malicious prosecution. It is instructive to note that the DPP advised that after thorough review of the issues, Addax and its Officers have not committed any crime and that parties should settle their differences by way of a civil action. It is on the strength of this instruction that Mr. Henry Obiazi, the police prosecutor applied to withdraw the charge and the court consequently struck it out and discharged Addax, Mr. Tunji Mayaki and Dr. Nike Esan.

Reacting to the news that the criminal charge has been struck out, Mr. Mayaki said “This is a welcome development for all of us at Addax, we are glad to put this needless distraction behind us. It is inconceivable that a charge could be brought against persons who were not in employment of the company at the time the alleged offence was committed and against persons who had no actual or ostensible authority regarding the relevant contracts at the material time. Peacegate, following failure to establish their case in the civil courts as they ought to, has dragged us to different law enforcement and regulatory agencies such as the Economic and Financial Crimes Commission (EFCC), the Inspector General of Police Monitoring Team, the and National Petroleum Investment Management Services (NAPIMS).

After investigation by these agencies, Addax and its officials were always cleared of any wrongdoing as it is obvious that the issue between the Peacegate and Addax is a civil and contractual matter with no criminal underpinnings. Once again, we have been exonerated from the spurious charges brought against us and parties can now focus attention on other matters .”

Continue Reading
Click to comment

Leave a Reply

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

Headline

Presidential Ambition: Is Donald Duke a Spoiler?

Published

on

By

By Eric Elezuo

With the collective intention of most political parties coming together to wrestle power from President Bola Tinubu-led All Progressives Congress (APC) at the centre, the defection of most political leaders from the coalition umbrella, the African Democratic Congress (ADC), has been viewed as a betrayal of the original course.

First, it was the presidential candidate of the Labour Party in the 2023 election, Mr. Peter Obi, and the presidential candidate of the New Nigeria People’s Party (NNPP), Senator Rabiu Kwankwaso defecting to the Nigerian Democratic Congress (NDC), and now following in their footsteps, is the former Governor of Cross River State, Mr. Donald Duke, who has found an awaiting presidential ticket with the Peoples Redemption Party (PRP).

According to reports, former governor Duke has officially joined Nigeria’s 2027 presidential race, becoming one of the latest politicians to declare interest ahead of the general elections.

Duke emerged as one of three cleared presidential aspirants of the Peoples Redemption Party ahead of the party’s primaries scheduled for 25th May in Abuja.

The party said the former governor agreed to submit his ambition to the decision of party members during the nationwide exercise.

In a statement issued by PRP National Publicity Secretary, Muhammed Ishaq, the party described the aspirants as committed to “democratic ideals and internal party unity.”

Duke, who governed Cross River State from 1999 to 2007, is widely known for promoting tourism and urban renewal projects, including the Tinapa Business Resort and the annual Calabar Carnival.

The former governor previously contested for president in 2019 under the Social Democratic Party, where he criticised both the ruling APC and the PDP.

At the time, he said the PDP had “lost its values and became a shadow of itself.”

The PRP says it remains committed to “credible, transparent and free primaries” as preparations continue for the 2027 elections.

Nigeria’s political space has already become increasingly active ahead of 2027, with more aspirants expected to declare interest in the coming months.

The statement quoted Duke, alongside Nnaoke Ufere from Abia State and Yakubu Kingsley from Edo State, are the candidates, who have unanimously agreed to submit their aspirations to the decision of party members during the nationwide primaries.

The party said the aspirants demonstrated commitment to democratic ideals and internal party unity by agreeing to abide by the outcome of the exercise.

“The PRP takes pride in the calibre of its aspirants, whose dedication to democratic principles and commitment to teamwork have further strengthened our party,” the statement said.

Duke, who was Cross River governor between 1999 and 2007, appears the only strong candidate among the three aspirants, and is likely to pick the ticket after the primaries. But the major concern is not in his decision to contest or stand for election, but the intention behind his decision to choose a different to test his presidential aspirations.

Across the political space, stakeholders, observers and analysts alike have said that given the consensus agreement built around and towards ending the administration of Bola Tinubu, the coalition ADC remains the viable option to all aspirants to test their strength and popularity, after which anyone who emerges as the candidate should be supported by all. They have argued that those leaving the coalition may have much more than presidential ambition behind their minds. And so the question, is Donald Duke a spoiler? Is he in the race to decimate the votes of the opposition?

Meanwhile, Duke, who was part of the coalition at the initial stage, have taken a bow out of the group, principally coordinated by former Vice President Atiku Abubakar, and chaired by a former Senate President, David Mark. He did not give reasons for his exit from the ADC though observers have insinuated that his exit, like Peter Obi, is hinged on the premise that the ADC allegedly has a hidden bias for Atiku, and so the presidential might be handed over to the former Vice President on the platter. The ADC has since denied the allegation with former two terms governor of Rivers State, Rotimi Chibuike Amaechi and Hayatudeen still in the race.

With the entrance of Duke in the presidential race, the number of southern aspirants, especially those sure to pick the tickets of their parties have swollen up. Others include include Peter Obi of the NDC, Rotimi Amaechi if he wins the ADC primaries ongoing across the nation, Oyo State Governor, Seyi Makinde representing the PDP and APM coalition among others.

Now, that almost all the political bigwigs are separately pursuing their political aspirations devoid of a collective platform, many have said that Tinubu is no longer fighting a coalition of likeminds, but against presidentially ambitious individuals, pursuing a different agenda. Many have also said that since Tinubu already has a political structure he can rely on, he is making sure all the fragmented giants did not come together to form an indivisible body capable of challenging his reelection in 2027.

“And that explains why he continually instigate both individuals and institutions to revolt against themselves thereby creating factions and very weak political centre to challenge his ambition,” an analyst told The Boss.

Meanwhile, whether there are intentions to be a spoiler or not; whether any institution or individual have been coerced into turning itself to a vessel of destruction on behalf of the ruling, ir us only the people that would decide who becomes in 2027.

Not Tinubu, not the APC, not any of the political bigwigs, not any of the presidential aspirants or candidates, but the Nigerian people in their totality.

The election is just eight months away.

Continue Reading

Headline

Insecurity: Why Tinubu Must Wake Up

Published

on

By

By Eric Elezuo

The common refrain and slogan across the nation is ‘Nigeria is bleeding’, and as the days turn into weeks and months, the wound gets larger. Then from bleeding, the blood is now flowing.

Across all strata of endeavours, all the regions and not a few communities, insecurity of the highest order has enveloped on a very large scale, a nation that once thrive in brotherliness, interstate movements without fear, and camaraderie. The fear of the unknown has completely eclipsed social life, excursions, traveling within the country, and funnily enough staying in your own house. In the Nigeria of today, nowhere is safe anymore; not event the comfort of one’s home; not even the sacredness of holy places; not even the respected academic environment. Terrorists and bandits attack anywhere and from anywhere. And with impunity.

In the Nigeria of today, everyone leaves in fear. No one knows who the next target is as terrorists, bandits, Fulani herdsmen and other miscreants have overran the nooks and crannies of the Nigerian existence, prompting the question, where’s Nigeria’s chief security officer? And the answer that he must wake up and face squarely the insecurity challenges that is fast tearing the nation to shreds.

With the 2027 election fast approaching, the Nigerian administrative apparatchnik led by President Bola Tinubu, appears to have completely lost focus of the security of the people. The country is been thoroughly run down by activities of terrorists, who are no longer hiding their nefarious and heinous activities as they boldly put on air the victims abducted and process of execution. This daring moves are a challenge to the government and security agencies, yet no criminal is in custody yet and victims are still unaccounted for with most of them cruelly deleted, and bodies mangled.

It is worthy of note that while the nation is still gambling with the rescue efforts for the teachers and pupils kidnapped from Oyo communities schools about 12 days ago, suspected bandits have reportedly struck again, invading the Yashikira community in Baruten Local Government Area of Kwara State, early on Monday morning, setting the Emir’s palace ablaze and abducting several residents, including women and children.

Reports gathered from Channels Television say that the attack occurred late at night when the heavily armed assailants stormed the community, firing sporadically.

The medium, quoting sources in the area, stressed that the gunmen attacked the palace during the invasion, setting parts of the royal residence on fire before whisking away multiple victims.

Residents said the attackers operated for hours without resistance, leaving behind destruction and fear in the border community.

Another local source described the incident as terrifying, noting that villagers were caught unaware as the gunmen invaded the town under the cover of darkness.

Sources say Security forces have launched immediate rescue operations to free victims of the Yashikira abduction, which occurred on Sunday night.

Military and police operatives have established a cordon in the area as part of the efforts to rescue about 10 persons who were reportedly taken from the community in an overnight attack on the palace of the Emir of Yashikira.

The attackers also sought to raid the local police stations but were reportedly repelled.

As at press time, the police were yet to issue an official statement on the incident.

The invasion is one development too many this 2026 alone, and has been a recurring decimal in the Tinubu-led administration.  This is taking for granted that the incident is following the heels of bandits, who on Saturday night invaded a prayer ground at Ori-Oke Ajaiye, on the outskirts of Ikiran village in Ekiti Local Government Area of the same Kwara State, killing three worshippers and abducting 15 others during a vigil.

The stories and tales of woe are inexhaustible. There’s no morning and no evening where Nigerians are not presented with gory narratives of one abduction and killing or another, creating fear and apprehension among the populace. The general notion is hinged on Tinubu’s control loss of the fabrics of the nation including the economy, power and every other mention-able sector.

It is worthy of note that like every other failure still staring Nigerians in the face, Tinubu also inherited insecurity. However, three years into his administration, and consequent upon available indices, the Nigerian leader seems to have tripled the effects of insecurity. This is counting the boldness with which the insurgents operate, the magnitude of each operation, the casualties involved, the deliberate bloodletting and the huge ransom paid in exchange. The circle has continually continued, and there seems to be no hiding place for Nigerians, especially the vulnerable masses.

On May 17, 2026, the world woke to the chilling news of the killing and beheading of the school teachers, abducted from Oyo communities. He was Michael Oyedokun.

Oyedokun was one of the teachers abducted from Community High School, Ahoro-Esinele in Oriire Local Council of Oyo State, a few days before his gruesome killing.

The killing threw residents of the area into mourning and heightened fears over worsening insecurity in the state, and the nation at large, which the government of President Bola Tinubu has found a herculean to handle.

In a video reportedly released by the captors on Sunday, May 17, 2026, the gunmen claimed responsibility for the killing of the Maths teacher, sparking panic across the community.

The incident followed a series of coordinated attacks launched by armed men on Friday, May 15, targeting multiple schools within the Ogbomoso axis, including Baptist Nursery and Primary School, Yawota; Community Grammar School; and L.A. Primary School, Esiele.

During the attacks, the assailants reportedly shot dead a classroom teacher and a commercial motorcyclist who resisted attempts to seize his motorcycle.

The attackers also abducted the school principal, vice-principal, another staff member, and an unspecified number of pupils before fleeing into the forest. Later reports put the number of abductors to 39.

Governor Seyi Makinde had earlier confirmed that seven students were abducted from Community Secondary School, while 18 pupils and seven teachers were kidnapped from First Baptist Primary and Nursery School.

He also confirmed that one person was killed during the attack, a school teacher, Joel Adesiyan. Further reports confirm that a bike rider was also killed, when he refused to let go of his motorcycle.

The incident triggered widespread panic in Ogbomoso and surrounding communities, with many parents rushing to schools to withdraw their children over fears of further attacks.

Some schools were also forced to shut down temporarily following rumours of bandits infiltrating the Ladoke Akintola University of Technology, an allegation the institution’s management later dismissed as false.

Reacting, the Amnesty International Nigeria accused the Federal Government of failing to adequately respond to Nigeria’s worsening wave of abductions targeting school children, rural communities and internally displaced persons, saying at least 1,100 people were kidnapped between January and April 2026.

The organisation made the allegation in a statement shared on its official X handle, amid renewed public concern over mass abductions in Oyo, Borno and other states, which left dozens of students, teachers and residents affected.

In the statement, Amnesty International said, “President Bola Tinubu and his government have failed to address the country’s shocking spate of abductions targeting school children, rural communities and internally displaced persons across the country.”

It added, “At least 1,100 people have been abducted – from January to April 2026,” describing the trend as a continuing failure of protection for vulnerable populations.

The group’s criticism comes days after gunmen abducted 39 students and seven teachers in an attack on schools in the Ahoro Esinele community in Oriire Local Government Area of Oyo State, an incident that also left teacher Michael Oyedokun reportedly beheaded.

Amnesty also referenced another attack in Borno State, where 42 students and pupils were abducted from Mussa Primary and Junior Secondary School in Askira/Uba Local Government Area during a Boko Haram assault.

Survivors of similar abductions, according to the rights group, have described being subjected to starvation and torture, including beatings, flogging and sexual violence, raising further concerns about the conditions victims face in captivity.

The organisation said the pattern of repeated school attacks shows a long-running crisis that authorities have yet to resolve, stressing that “over a decade is enough time for the Nigerian authorities to find a solution to this horrifying problem,” but insisting that “the reality shows the government has neither the will nor the commitment to end rampant abductions and attacks on children and their schools.”

It urged authorities to meet their obligations under both national and international law, particularly regarding the protection of children’s rights to education, safety, and protection from violence and ill-treatment.

The latest incidents have intensified national concern over school security, especially following the Oyo and Borno attacks, which occurred within the same period and involved the abduction of dozens of children and teachers.

Weeks earlier, there was a failed kidnapping attempt along the Ibadan-Ijebu road corridor, which reportedly left a traveller dead, raising fresh concerns over insecurity of great proportion hitting the southwest of the region.

According to Global Centre for the Responsibility to Protect report, between 2014 and March 2026, ‘over 2,000 children have been abducted or kidnapped, largely in mass abductions targeting schools. Armed extremist groups, including Boko Haram and ISWAP, as well as local bandits, are implicated in many cases, often using kidnappings to generate ransom or to recruit children.

The report noted that in 2024 alone, at least 580 civilians, primarily women and girls, were kidnapped across several states, noting that the figures might be higher. Not only are most victims killed during these attacks or while in custody, survivors live the rest of their lives in poverty, trauma, stigma and utter abandonment.

The funniest part, according to a social analyst, who crave anonymity, so-called repentant terrorists and bandits are treated with kid gloves, ‘rehabitated’ in luxury and given huge financial lifeline as they are released back into the sane society while their victims are left to wallow in neglect. It would be recalled that the National Security Adviser, Mallam Nuhu Ribadu, described the terrorists as ‘our brothers’, who should not be killed just as the Chief of Defence Staff, General Oluyede equated the rerrorists to the biblical ‘prodigal son’, who should welcomed with warmth and affection. These two national officers have silent on the treatment for their traumatized victims and their bereaved loved ones.

The question on the lips of majority of Nigerians, has remained what President Tinubu is doing about the extreme insecurity in the country beyond offering condolences and suggesting a now known refrain of ‘It won’t happen again’ while it continues to happen over and over again.

On two known occasions, President Tinubu was expected to visit victims and sites of violent killings and abductions in Benue and Plateau states. On the two known occasions, Tinubu fell short in the advertised visitations. He never made it to the locations.

Following the June, 2025 killings in Yelwata, Benue State, Tinubu was programmed to have an extensive state visit to site of massacre and the government house where a townhall meeting was scheduled.

It was agreed that upon his arrival, the President will first proceed to Yelewata in Guma Local Government Area, the epicentre of the attack that claimed over 100 lives.

He was scheduled to meet with families of victims, displaced persons and community leaders directly impacted by the violence.

From Yelewata, the President was supposed to visit the hospital where several persons injured from the attack were recuperating, and then proceed to the Benue State Government House Banquet Hall in Makurdi, where he would preside over a town hall meeting with critical stakeholders.
Much as the Benue State government under Hyacinth Alia commandeered very young pupils to wait unprotected for the President under a heavy rain, the President never made it to Yelwata nor interfaced with the victims and bereaved families. His journey ended in the comfort of the government house. Analysts observed that the townhall was turned into political jamboree.
Tinubu had blamed heavy rains, flooding and impassable roads for his inability to visit the scene of the crisis in Yelewata. Over 3000 residents were displaced in addition to tens of deaths recorded.
Also, following the April 2 Palm Sunday attack in Plateau State, Tinubu scheduled a visitation to commiserate with the victims and bereaved families, but like the Benue visit, Tinubu did not even enter the town, he ended his visit at the Jos Airport.
Consoling a mourning mother, identified as Mrs Rhoda, at the airport Tinubu said, “I know the pain. I see in the video how you buried your loved ones and the pain and agony in your heart.

“But it’s only God who can give you joy and hope. No amount of money can pay all of you back. Yes, as a government, we will try our best to comfort you, to work with you,” he said while directing security chiefs present, including the Inspector-General of Police, Chief of Defence Staff, and Minister of Defence, to unearth and apprehend those responsible for the killings.

Defending the President, his aides noted that Tinubu couldn’t his visit beyond the airport because of tight schedule and absence of navigational equipment for night movements. A statement by Bayo Onanuga, said it was difficult to reschedule a pre-arranged meeting with the Chadian Leader. This is even as the President had canceled an earlier visit to Ogun State for the Plateau visit.
But with the President concentrating more on his reelection in 2027, Nigerians are calling on his administration to take a further cursory of the insecurity status of the nation to prevent more deaths and displacement, and more importantly prevent his being booted out of office by very fed-up Nigerians, whose means of livelihood and other social engagements have been unapologetically cut off.
Nigeria is bleeding and Nigerians are angry at its leadership. Tinubu just have to wake up to his responsibilities beyond condolence messages.

Continue Reading

Headline

Fubara Withdraws from Rivers APC Governorship Primary

Published

on

By

Rivers State Governor, Siminalayi Fubara, has announced his withdrawal from the All Progressives Congress governorship primary election in the state.

Fubara made this known in a statement personally signed on Wednesday, saying he would support whoever emerges as the party’s candidate, The Nations reported.

The governor said his decision followed extensive consultations with his family, friends, and political associates.

“After deep reflection and extensive consultations with my family, friends, and associates, I have taken the difficult but necessary decision to withdraw from the APC governorship primaries. I do so with a full heart and with a firm commitment to support whoever emerges as the candidate of our great party,” Fubara said.

The development comes amid ongoing political realignments ahead of the 2027 general elections in Rivers State.

Fubara said although the decision was difficult, he remained committed to supporting whoever would emerge as the APC governorship candidate.

According to him, leadership demands sacrifice and personal ambition must sometimes give way to the collective interest of the people.

“Rivers State is bigger than any individual, and at this critical moment, the peace, stability, and unity of our dear state must take precedence over every personal interest,” he said.

Meanwhile, the embattled governor expressed appreciation to his supporters for their loyalty, prayers and sacrifices throughout the political process, acknowledging that many would feel disappointed by his withdrawal.

He said his silence in recent weeks was “deliberate and strategic,” adding that it was guided by the higher interest of the state.

Tone Cole, APC chieftain and 2027 governorship aspirant in Rivers State, also announced his withdrawal from the race, saying his decision was, among other reasons, in the interest of the party’s unity.

Continue Reading

Trending