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Oko Oloyun: Police link killing to alleged fraud in his office

Published

5 years ago

January 25, 2020

…Police Promise to fish out killers

This is one of the knots the police are trying to untie after their preliminary investigation into the murder of the Lagos based popular herbalist suggested that he recently found out that the finances of his company had been tampered with by some of his staff.

Not long after the discovery, the office where the alleged fraud was committed was set on fire,the Oyo State Police Command said on Friday.

Yusuff was shot dead in an ambush on Thursday by gunmen along the Igboora – Eruwa road in Oyo State.

The police said they were already questioning some of the staff, and the two police escorts who were travelling with him when he was shot.

The spokesman for the command, Olugbenga Fadeyi, a Superintendent of Police ( SP) said: “The Oyo State Police Commissioner, Mr. Shina Olukolu, wishes to put the record straight on the most unfortunate death of Alh. Fatai Yussuf a.k.a ‘Oko Oloyun’ on Thursday 23rd January, 2020.

“A report was received by the Divisional Police Officer, DPO Igbo-Ora that around Akeroro Area on the Abeokuta/Igbo-Ora/Iseyin road, the two-car convoy of the deceased was allegedly ambushed shortly after passing through five different Police Stop and Search teams along the route by yet to be identified assailants who fired at the moving vehicles on the road from the thick forest.

Two man armed escorts of policemen protecting the deceased engaged the assailants, but they managed to escape back into the forest after a single shot had hit the deceased who died later of his bullet injuries.

“However, an interesting twist to the story was that the deceased probably had earlier detected an alleged book keeping records fraud in his Lagos office which subsequently allegedly led to the burning/destruction of some financial/book keeping records.

“In addition to other possible motives, a plausible nexus is therefore being suspected between the fire incident and the attack on the deceased.

“Meanwhile, some of the staff and his two police escorts are being questioned by a team of crack detectives from the homicide section of State Criminal Investigation Department, SCID Iyaganku, Ibadan with a view of finding and apprehending the fleeing suspects who wreaked the heinous act.

“The Commissioner of Police therefore seizes this opportunity to appeal to any member of the public with credible information not to hesitate in passing same to the Oyo State Police Command to assist in the detection of the crime and apprehension of the offenders, while at the same time, assuring members of the public that the police is on top of the situation and working with other police formations/units to ensure that the directive of the Inspector General of Police, IGP M.A. Adamu, to crack this case as quickly as possible is complied with to the letter. In addition, it is our resolve that no matter how long it takes, the Commissioner of Police promised to bring the culprits to justice within the shortest possible time.”

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BREAKING: Tinubu signs Tax Reform bills into law

Published

5 days ago

June 26, 2025

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President Tinubu signed the law in his office at the State House, Abuja, on Thursday, in the presence of relevant stakeholders from across the arms of government.

The new laws include the Nigerian Tax Law, the Nigerian Tax Administration Law, the National Revenue Service (Establishment) Law and the Joint Revenue Board (Establishment) Law.

Earlier on Thursday, President Tinubu had explained that the laws would be unifying Nigeria’s fragmented tax system, removing redundant overlaps, boosting investor confidence, enhancing transparency, and promoting coordinated efforts across all levels.

He also described the legislation as a clear departure from previous policies, emphasising that the reforms are designed to ease the burden on working families, small businesses, and low-income earners while eliminating inefficiencies that have long plagued Nigeria’s fiscal structure.

The Nigerian Leader explained that with the new tax reform laws, the Bola Tinubu-led Administration is now laying the foundation for a tax regime that is fair, transparent and fit for a modern, ambitious Nigeria.

“These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet.

“For too long, our tax system has been a patchwork-complex, inequitable, and burdensome. It has weighed down the vulnerable and shielded inefficiency. That era ends today.

“We are laying a foundation for a tax regime that is fair, transparent and fit for a modern, ambitious Nigeria. A tax regime that rewards enterprise, protects the vulnerable, and mobilises revenue without punishing productivity”, he said.

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Breaking: Iran launches missiles at US bases in Qatar, Iraq

Published

1 week ago

June 23, 2025

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“The operation of Iranian missiles against American bases located in Qatar and in Iraq has begun, and is called ‘Blessing of Victory’,” the official press agency IRNA said. AFP journalists reported hearing explosions in Doha, the capital of Qatar, home to the largest US base in the region.

Meanwhile, Qatar said it had successfully intercepted an Iranian missile attack Monday on the United States’ Al Udeid base, the largest US military facility in the Middle East.

“The Ministry of Defense announced that Qatari air defenses successfully intercepted a missile attack targeting Al Udeid Air Base,” it said in a statement, adding that “the incident did not result in any deaths or injuries”.

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Dangote Refinery to Begin Nationwide Distribution of PMS, Diesel, for smooth logistics to marketers

Published

2 weeks ago

June 16, 2025

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The Dangote Petroleum Refinery has announced that it will begin distribution of Premium Motor Spirit (PMS) and diesel nationwide.

The statement added that the Refinery has invested in the procurement of 4,000 brand-new Compressed Natural Gas (CNG)-powered tankers to ensure smooth take-off of the scheme, which will continue over an extended timeframe

The statement said, “To ensure the smooth takeoff of the free logistics for marketers and petrol dealers buying from Dangote, the statement further disclosed that the refinery has procured 4,000 brand-new Compressed Natural Gas (CNG)-powered tankers.

“This phase of the programme will continue over an extended timeframe. The refinery is also investing in Compressed Natural Gas (CNG) stations, commonly referred to as daughter booster stations, supported by a fleet of over 100 CNG tankers across the country to ensure seamless product distribution.

This strategic programme is part of our broader commitment to eliminating logistics costs, enhancing energy efficiency, promoting sustainability and supporting Nigeria’s economic development. It affirms our dedication to improving the availability and affordability of fuel, in support of broader efforts to strengthen the economy and improve the well-being of all Nigerians.

“Under this initiative, all petrol stations purchasing PMS and diesel from the Dangote Petroleum Refinery will benefit from this enhanced logistics support. Key sectors such as manufacturing, telecommunications, and others will also gain from this transformative initiative, as reduced fuel costs will contribute to lower production costs, reduced inflation, and foster economic growth. Players in these key sectors and others can purchase directly from the Dangote Petroleum Refinery.

The Dangote Petroleum Refinery has announced that it will begin distribution of Premium Motor Spirit (PMS) and diesel nationwide.

In a statement on Sunday, the company said effective from 15th of August 2025, it will begin the distribution of the products to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boost distribution network.

The move, according to the company, was a significant national initiative aimed at transforming Nigeria’s fuel distribution landscape.

“This strategic programme is part of our broader commitment to eliminating logistics costs, enhancing energy efficiency, promoting sustainability and supporting Nigeria’s economic development. It affirms our dedication to improving the availability and affordability of fuel, in support of broader efforts to strengthen the economy and improve the well-being of all Nigerians.

The statement added that the refinery will offer a credit facility to those purchasing a minimum of 500,000 litres, which would allow them to obtain an additional 500,000 litres on credit for two weeks, under bank guarantee.

It described the effort as a milestone in its vision to revolutionise the Nigeria’s energy sector.

“This pioneering effort marks a major milestone in our vision to revolutionise Nigeria’s energy sector. Dangote Refinery is dedicated to ensuring that no place is left behind. Our goal is to provide equitable access to affordable fuel for all Nigerians, regardless of location, making energy more accessible and sustainable for everyone, wherever they may b

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