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Tag Archives: Capital oil

Ifeanyi-Uba

How Ifeanyi Uba of Capital Oil, others, fraudulently cornered billions of petrol funds – police report

Your authoritative news journal Premium Times is reporting this again. The police said even the banker’s of Capital Oil may be complicit in the fraud. Ifeanyi...

Fuel shortage crises likely to worsen as Capital Oil shuts down !

Capital oil MD, Ifeanyi Uba Capital Oil and Gas Limited says it has given heed to the court order shutting its operations but warned that the development could further cripple the supply of petrol in the country. Mr. Ifeanyi Ubah, the embattled Managing Director of the company, in a statement,  nevertheless alerted to what he claimed as an unfolding conspiracy to take...

Okonjo-Iweala

Fuel subsidy scams: FG indicts Conoil, MRS, Capital Oil, and 18 others !

The Federal Government has indicted Conoil Plc, MRS Oil and Gas Ltd., Capital Oil and Gas Industry Ltd., and 18 other firms in the fuel subsidy scandal. It...