May 8, 2017 Dotts

Department of State Services on the 6th of May revealed that the CEO of Capital Oil and Gas, Ifeanyi Ubah was in their custody.

Mr. Ifeanyi Ubah’s arrest was disclosed in a statement issued by the Department of State Services and signed by their spokesman Mr. Tony Opuiyo. The statement explained that Mr. Ubah was arrested on Friday for “economic crimes of national security dimension”.

Department of State Services Arrest's Ifeanyi Ubah

His arrest, the DSS further stated, was specifically for 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).

“So far, it has been established that the products stolen amount to over N11billion. There is no doubt that Ifeanyi Ubah’s acts have the capacity to negatively impact on national economy,” the DSS stated.
It also alleged that Mr. Ubah engaged in other activities inimical to national security and public order. The DSS claimed that the businessman has incited members of the Petroleum Tanker Drivers to refuse/stop the lifting of petroleum products. This, it said, Mr. Ubah did to undermine the Federal Government.

Department of State Services Arrest's Ifeanyi Ubah

“This is part of Ifeanyi Ubah’s plans to curry their sentiments and cause them to embark on strike and also stage protests in his favor 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 is, in fact, a common knowledge. It is consequent upon this that the Service arrested and will prosecute him forthwith,” explained the DSS.

” 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”.



  1. yeezy boost 350 v2 4 years ago

    Spot on with this write-up, I really think this web site needs rather more consideration. I抣l most likely be once more to learn rather more, thanks for that info.

  2. adidas outlet 4 years ago

    I together with my pals appeared to be checking the good techniques on your web page and then unexpectedly developed an awful suspicion I never expressed respect to the web blog owner for them. Most of the ladies were definitely as a result thrilled to see all of them and already have in fact been enjoying them. Thank you for getting very helpful and then for selecting varieties of superior tips millions of individuals are really wanting to understand about. My honest apologies for not expressing gratitude to earlier.

  3. yeezy boost 4 years ago

    Oh my goodness! an incredible article dude. Thanks However I am experiencing concern with ur rss . Don抰 know why Unable to subscribe to it. Is there anyone getting equivalent rss downside? Anyone who is aware of kindly respond. Thnkx

  4. nike air huarache 4 years ago

    I would like to show my admiration for your kind-heartedness giving support to people who must have guidance on this particular idea. Your very own commitment to getting the message all over turned out to be remarkably invaluable and have regularly helped others like me to achieve their aims. This informative key points implies a great deal to me and additionally to my mates. Thank you; from each one of us.

  5. adidas yeezy boost 4 years ago

    I’m often to blogging and i actually respect your content. The article has actually peaks my interest. I’m going to bookmark your site and maintain checking for new information.

  6. michael kors outlet 4 years ago

    I simply had to thank you very much once more. I’m not certain the things that I would’ve achieved in the absence of the actual solutions documented by you regarding such a subject matter. It had been an absolute daunting scenario for me personally, but witnessing the well-written way you managed it took me to leap over happiness. Now i’m thankful for the support and pray you realize what an amazing job you have been putting in teaching most people by way of a blog. I’m certain you haven’t come across all of us.

  7. Once I initially commented I clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I get four emails with the same comment. Is there any way you can take away me from that service? Thanks!

  8. adidas nmd 4 years ago

    I would like to express thanks to this writer just for rescuing me from this issue. After surfing through the the web and seeing suggestions which were not beneficial, I assumed my life was well over. Being alive without the solutions to the problems you have solved as a result of the guideline is a crucial case, and ones which might have adversely damaged my entire career if I hadn’t encountered your blog. Your primary know-how and kindness in handling all the stuff was helpful. I am not sure what I would’ve done if I hadn’t come across such a thing like this. I can also now look ahead to my future. Thank you so much for your impressive and effective help. I won’t hesitate to recommend your blog post to any individual who should receive guidance on this subject.


  1. Author

    […] Ubah had earlier been arrested over an alleged oil deal with the Nigerian National Petroleum Corporation, […]

  2. Author

    […] DSS announced the arrest of the Capital Oil boss alleging that he diverted petroleum products worth N11 billion from the […]

Leave a reply

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