ADVERTISEMENT
ADVERTISEMENT

APC kicks as Jonathan returns Capital Oil to TAN Leader, fraud-accused Ifeanyi Ubah

News Express |14th Nov 2014 | 4,230
APC kicks as Jonathan returns Capital Oil to TAN Leader, fraud-accused Ifeanyi Ubah

For the All Progressives Congress (APC), the recent decision by President Goodluck Jonathan-led administration to return Capital Oil Ltd. to Mr. Ifeanyi Ubah was politically motivated.

Speaking at a press conference in Abuja yesterday, National Chairman of the party, Chief John Oyegun, claimed that the sudden turnaround in the decision by the Asset Management Company of Nigeria (AMCON) to return the hitherto confiscated the firm speaks volumes of the level of impunity being perpetrated under the President Jonathan led administration.

He said: “We see another manifestation of the PDP administration’s fondness for impunity and its disturbing tendency to cuddle corruption, in the recent release to Capital Oil Ltd. all its assets hitherto lawfully acquired by AMCON as a result of its said involvement in the fuel subsidy scam.

“It is not a secret that the proprietor of Capital Oil is the coordinator or convener of the widely derided Transformation Ambassadors of Nigeria (TAN) that is at the forefront of the obscene and doomed campaign for the re-election of President Goodluck Jonathan. A great nation like Nigeria should not be run with such crass disdain for decency, common sense and the rule of law.”

Promising change under an APC government, Odiie-Oyegun said: “Once in office, our party will govern with openness and transparency, and every kobo belonging to the public will be judiciously utilised and meticulously accounted for. We will call corruption by its name and fight it with the vehemence it deserves. We will restore the faith of the public in the necessity for leaders to live honestly and lead with vision, competence and compassion.”

•Extracted from a Gardian report. Photo shows Ifeanyi Ubah.

Comments

Post Comment

Sunday, July 13, 2025 3:54 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025