NEWS

The Senate Is Calling For Massive Sack In NNPC For Fuel Theft

Published

8 years ago

April 19, 2017

The Senate has commended the Nigerian National Petroleum Corporation (NNPC) for responding to the motion moved during a plenary session by Senator Kabiru Marafa, chairman, Committee on Petroleum Downstream Sector, on the theft of petroleum products kept in the farm tanks of two oil companies and urged the corporation to take more radical measures to avoid recurrence.

In a statement by its spokesman, Senator Aliyu Sabi Abdullahi, the legislative chamber advised that NNPC should go beyond the sacking and redeployment of a few officials but initiate a comprehensive restructuring of its operations which presently allow officials and other firms to appropriate national resources for their personal use, thereby contributing to the suffering of the people.

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“The Senate is appalled that NNPC is not contemplating on doing something about the involvement of officials of the Petroleum Products Marketing Company (PPMC) which actually played key roles in the missing products case.

“It is instructive that NNPC did not do anything on the case until the matter was raised on the floor of the Senate and the press picked the matter up from the motion.”

“The unauthorised sale of 132 million litres of fuel kept in the storage tanks of MRS and Capital Oil designated as strategic reserves is a grave occurrence. This probably is not the first time it is happening and NNPC must review its operations. It should in fact carry out a shake up in the PPMC,” Abdullahi stated.

It will be recalled that following the Senate debate of the motion on the theft of the fuel, the NNPC sacked two senior officials and redeployed a few others. Its spokesman, Ndu Ughamadu said the sack and deployment were in line with the on-going reforms the corporation initiated to cleanse it of corruption.

The NNPC lost 130 million litres through a breach in its throughput transactions with MRS and Capital Oil. However, MRS had returned the product it sold from the stock but Capital Oil is yet to refund the 82 million litres it sold. The Missing fuel sold by Capital Oil is valued at N11 billion.

While Capital Oil insisted that NNPC owed it on past business transactions, the corporation vowed to recover the products, investigate the breach and set up new modalities to guide its engagements of throughput partners.

SOURCE: NTA News

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MUSIC

Dapper Music Responds To Shallipopi’s Departure Allegations

Published

4 hours ago

December 12, 2024

Reporter

Dapper Music reacts to Shallipopi claims | fab.ng

Nigerian music artist Shallipopi dropped a bombshell on December 11, 2024, announcing his dramatic split from Dapper Music through a provocative Instagram press release.

The artist levelled serious accusations against the music label. He alleged fundamental breaches of trust and financial impropriety.

At the core of Shallipopi’s claims was a controversial publishing deal with Dvpper Digital. This is a subsidiary company founded by Damilola Akinwunnmi, whom Shallipopi identified as Dapper.

He asserted that the label compelled him to sign this agreement under dubious circumstances, suggesting a potential conflict of interest.

The artist’s most damning allegation centred on financial transparency. Shallipopi claimed Dapper Music withheld comprehensive financial details and coerced him into surrendering 30% of his earnings indefinitely.

These accusations painted the label as potentially exploitative and untrustworthy.

Dapper Music swiftly countered these allegations with a robust and detailed response. The label categorically rejected every claim as shocking and completely unfounded.

They emphasised their commitment to contractual clarity and artist protection, highlighting that all agreements include full legal representation to safeguard artists’ interests.

Addressing the financial transparency concerns directly, Dapper Music disclosed that they had fully cooperated with Shallipopi and his auditors.

They referenced a recent meeting on December 9, 2024, specifically convened to address the artist’s request for a comprehensive financial statement.

Regarding the 30% earnings claim, the label provided crucial context. They clarified that no perpetual earnings clause existed in Shallipopi’s contract.

Instead, the 30% figure represented a standard management fee aligned with global industry practices, which the artist reportedly accepted voluntarily.

The label concluded its statement with a defiant stance, describing the allegations as premeditated, false, and potentially motivated by external parties envious of the company’s success.

Dapper Music remained open to legal recourse, signalling its readiness to defend its reputation in a court of law.

Check out more updates here.

MUSIC

Shallipopi Confirms Split With Dapper Music, Accuses The Label Of Breach Of Trust

Published

5 hours ago

December 12, 2024

Reporter

Shallipopi Confirms Split With Dapper Music | fab.ng

Shallipopi, the hitmaking rapper whose career skyrocketed in 2022, has severed ties with Dapper Music. This is the record label that helped him achieve mainstream success.

Their partnership, which blossomed for nearly three years, has officially come to an end.

On December 11, 2024, Shallipopi publicly announced the split on his Instagram page. This announcement confirmed earlier reports that hinted at a potential rift after Shallipopi unfollowed Dapper Music’s founder and CEO, Damilola Akinwunmi.

In his heartfelt message, Shallipopi described the decision as the most difficult one he’s ever made. However, he framed it as a necessary step, a fight for all creatives who pour their heart and soul into their art.

He emphasised the lack of transparency and a broken trust as the driving forces behind his departure.

“I come to you today with a heavy heart but an unshakeable determination. I’m Crown Uzama, your Shallipopi, and l’ve made one of the toughest decisions of my career. Today, I’m officially ending my agreements with Dapper Music and Dupper Digital. This wasn’t a choice I made lightly, but it’s a step I had to take after my trust was broken, my finances mishandled, and my rights as an artist were disregarded.

“This is bigger than just me. It’s about every artist and creator who pours their soul into their work, only to face betrayal and exploitation from people who should be looking out for them. It’s about standing up for fairness, integrity, and the respect that we all deserve.”

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A post shared by Crown Uzama (Shallipopi) (@theycallmeshallipopi)

Shallipopi has accused Dapper Music of a conflict of interest. He claims that the label pressured him into signing a publishing deal with Dvpper Digital, one of their subsidiary companies.

“Dapper Music and Entertainment Limited, my management company, pushed me into a deal with Dupper Digital Limited, another company owned by the same person(s). Instead of prioritizing my growth, they prioritized their own profits, putting my career and dreams at risk.”

Shallipopi has further accused Dapper Music of a lack of transparency regarding the management and disbursement of his earnings.

Despite repeated attempts to gain clarity on his financial situation, the chart-topping artist claims that his efforts have been unsuccessful.

“I’ve worked hard, and like anyone, I deserve to know where my money is going. Despite repeated requests, I was denied access to clear financial records of my money. Imagine not knowing how much you’ve earned or where it’s gone. This is devastating and unacceptable.”

In a serious allegation, Shallipopi has claimed that Dapper Music tried to trap him in a perpetual contract. This contract would have granted the label a 30% cut of his earnings indefinitely.

“They tried to lock me into a contract where they’d take 30% of my earnings forever, even after we parted ways. Even after they no longer work for me, they want to continue to take a whole 30% of my earnings in perpetuity. That’s not just unfair, it’s exploitation and it is cruel.”

Although Shallipopi’s and Dapper Music’s partnership has ended on a sour note, it was undoubtedly beneficial for both parties.

Shallipopi’s career soared to new heights, and Dapper Music solidified its position as a major player in the Nigerian music industry.

Check out more music updates here.

NEWS

Dele Farotimi Remains In Custody As Court Postpones Bail Hearing To December 20

Published

2 days ago

December 10, 2024

Reporter

Dele Farotimi still in custody; court postpones bail hearing | fab.ng

Human rights lawyer Dele Farotimi will remain in prison custody until December 20, 2024, following a decision by Justice Abayomi Adeosun of the Ado-Ekiti Magistrate Court to adjourn his bail hearing.

Farotimi is facing 16 counts of alleged defamation against Chief Afe Babalola, a renowned legal figure.

These charges stem from claims made in Farotimi’s book, “Nigeria and its Criminal Justice System,” which Babalola alleges defamed his character.

Dele Farotimi pleaded not guilty during his arraignment in court last week and maintains his innocence.

A legal dispute arose during Tuesday’s hearing regarding Farotimi’s representation. Prosecuting counsel Samson Osobu objected to the appearance of Senior Advocate of Nigeria (SAN) Adeyinka Olumide-Fusika, citing a July 2024 Court of Appeal judgement that prohibits SANs from representing clients in Magistrate Courts.

However, Olumide-Fusika argued that Ekiti State’s Magistrate Court laws allow any legal practitioner to appear in criminal cases.

“The restriction cited by the prosecution does not apply in this jurisdiction,” he told the court.

Justice Adeosun postponed a decision on the prosecutor’s objection, requesting time to review the relevant judgment. In light of this, Olumide-Fusika withdrew from the case, and Barrister Taiwo Adedeji assumed the defence.

The court adjourned the bail hearing until December 20, ordering Farotimi’s continued detention in prison.

This defamation case has sparked widespread public attention and ignited debates about freedom of expression and legal restrictions on senior advocates.

Check out more news updates here.