• News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact
Thinkers Newspaper
Advertisement
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact
No Result
View All Result
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact
No Result
View All Result
Thinkers
No Result
View All Result

Alleged corruption allegations: Oracle Magazine withdraws suits against Aiteo Group

by Thinkers
20/10/2018
2 min read
0
Lawmaker advocates capital punishment for looters
0
SHARES
Share on FacebookShare on Twitter

…Commends Benedict Peter’s patriotism

The management of National Oracle Magazine said it has withdrawn suits filled against a foremost indigenous crude oil exploration company, the Aiteo group, compelling some government agencies to disclose all information and documents pertaining the business activities of organization.

The media house had sought an Order of Mandamus from the Federal High Court, Abuja to compel the Nigerian National Petroleum Corporation (NNPC), Economic and Financial Crime Commission (EFCC), Federal Inland Revenue Services (FIRS) and Petroleum Product Pricing Regulatory Agency (PPPRA) to release some vital information and documents pertaining the business activities of Aiteo Group.

But in a statement signed Saturday in Abuja, the Editor-in-Chief, National Oracle Magazine, Dr. Blessing Agbomhere, said his media organisation has discovered that “the corruption allegationsallegations leveled against Aiteo is an alarmist hoax being peddled by a pocket of individuals with vested interest to wear Aiteo Group and its promoters a black garment before the Nigerian and British governments.”

Dr. Blessing Agbomhere, who is also the Executive Secretary, Gatekeepers Foundation, while commending the promoter of Aiteo group, Benedict Peters, said investigations revealed that Aito group and it promoters have been in the petroleum business since year 2000, and about same time have invested billions of Naira, though borrowed, into the Nigerian oil sector.

RelatedPosts

Tinubu: Borrowing must deliver jobs, infrastructure, $1 trillion economy

Oyo abandoned Botswana maize deal to avert farmers’ losses, says government

Agriculture, exports drive economic recovery as Tinubu unveils new growth initiatives

While calling on Nigerian government to give the indigenous oil company all the necessary support, the statement said that “In furtherance of its investigation, National Oracle Magazine has discovered conspiracy by highly placed individuals against Aiteo Group and its promoters. All corrupt allegations against Aiteo is an alarmist hoax being peddled by a pocket of individuals with vested interest to wear Aiteo Group and its promoters a black garment before the Nigerian and British governments.

“National Oracle Magazine investigation reveals that the Aiteo Group and its promoters have been in the petroleum business about the year 2000, and about same time have invested billions of naira, though borrowed, into the Nigerian oil sector. What Aiteo Group has achieved today is a result of hard work, business intelligence and commitment to growing the Nigerian economy.

“Aiteo Group, an indigenous company, has contributed immensely to the development of the Nigerian oil and gas sector; empowering Nigerians in so many aspects of life. Rather than allowing individuals no matter how highly place to orchestrate clandestine plots to bring down Aiteo Group and its promoters, the Nigerian government must give Aiteo Group the needed support to continue to grow as Nigerians and the Nigerian government are the biggest beneficiaries of Aiteo’s growth.”

Previous Post

We remain focused on securing the country, stabilising economy - Buhari

Next Post

Mourinho in touchline bust-up as Chelsea strike late to earn draw

Thinkers

Thinkers

Related Posts

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria
News

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria

30/10/2026
Tinubu pushes local government autonomy, says grassroots governance key to national development
Business

Tinubu: Borrowing must deliver jobs, infrastructure, $1 trillion economy

30/10/2026
Tinubu departs Abuja for Makkah to pray for Nigeria
News

Tinubu departs Abuja for Makkah to pray for Nigeria

28/10/2026
FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens
News

FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens

28/10/2026
Kaduna youth turnout affirms support for Tinubu — City Boy Movement
Politics

Kaduna youth turnout affirms support for Tinubu — City Boy Movement

28/10/2026
NSCIA urges Muslims to register, vote in 2027 elections
Politics

NSCIA urges Muslims to register, vote in 2027 elections

08/10/2026
Next Post
Mourinho in touchline bust-up as Chelsea strike late to earn draw

Mourinho in touchline bust-up as Chelsea strike late to earn draw

Shehu Sani resigns from APC in protest

Shehu Sani resigns from APC in protest

Real suffer fourth loss in five games, set club record

Real suffer fourth loss in five games, set club record

Leave a Reply Cancel reply

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

Browse by Category

  • About Us
  • Arts/Life
  • Beauty Tips
  • Birthdays
  • Business
  • Did you know?
  • Education
  • Extraordinary Women
  • For The Record
  • Health
  • Interviews
  • Investigations
  • Labour
  • Mobile
  • News
  • Opinion/Columns
  • Photos
  • Politics
  • Press Releases
  • Reuben Abati
  • Short and Sharp
  • Special Reports
  • Sport
  • Strange World
  • Thinkers Magazine
  • Thinkers Magazine Beauty Tips
  • Thinkers Magazine Entertainment
  • Thinkers Magazine Foreign
  • Thinkers Magazine Health
  • Thinkers Magazine Media
  • Thinkers Magazine Opinion
  • Thinkers Magazine Personality
  • Thinkers Magazine Politics
  • Thinkers Magazine Royalty
  • Thinkers Magazine Security Watch
  • Thinkers Magazine Sport
  • Thinkers Magazine The Nation
  • Thinkers Magazine Weddings
  • Thinkers TV
  • Uncategorized
  • Videos
  • Women
  • World

Recent News

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria

Tinubu performs Umrah, prays for sustainable peace, harmony in Nigeria

30/10/2026
Tinubu pushes local government autonomy, says grassroots governance key to national development

Tinubu: Borrowing must deliver jobs, infrastructure, $1 trillion economy

30/10/2026
Tinubu departs Abuja for Makkah to pray for Nigeria

Tinubu departs Abuja for Makkah to pray for Nigeria

28/10/2026
FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens

FEC approves N45.8 billion airport surveillance system to detect Ebola, other pathogens

28/10/2026
Kaduna youth turnout affirms support for Tinubu — City Boy Movement

Kaduna youth turnout affirms support for Tinubu — City Boy Movement

28/10/2026
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact

© 2019 Thinkers Newspaper All Rights reserved

Designed by Codify Solution

No Result
View All Result
  • News
  • Business
  • Politics
  • Arts/Life
  • Investigations
  • World
  • Beauty Tips
  • Health
  • Sport
  • About
  • Contact

© 2019 Thinkers Newspaper All Rights reserved

Designed by Codify Solution

Thinkers Newspaper