EFCC Recovers N4.4bn Diesel Allegedly Converted by Lagos Oil Firm

EFCC recovers N4.4bn diesel allegedly converted by Lagos oil firm

According to the EFCC, Prudent Energy reported that the products were being withdrawn periodically, resulting in a growing shortfall in its stock. The post EFCC recovers N4.4bn diesel allegedly converted by Lagos oil firm appeared first on Premium Times Nigeria.

Alleged Criminal Conversion:  EFCC recovers N4.4bn worth of AGO in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Monday, August 17, 2026 recovered 2.3 million litres of Automotive Gas Oil, AGO, valued at N4.485 billion from Mamemo Ibru of Ibafon Oil and Gas, during an investigation into an alleged case of stealing and criminal […] The post Alleged Criminal Conversion:  EFCC recovers N4.4bn worth of AGO in Lagos  appeared first on Business247News.

EFCC recovers N4.4bn stolen diesel from Lagos company

The recovery followed investigation into a petition submitted by Prudent Energy and Services Limited to EFCC in Lagos, Dele Oyewale, the spokesperson for the anti-graft agency said in a statement.