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LANDMARK SUPREME COURT JUDGMENT FAVOURS GENERAL HYDROCARBONS IN FPSO TAMARA TOKONI DISPUTE

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LANDMARK SUPREME COURT JUDGMENT FAVOURS GENERAL HYDROCARBONS IN FPSO TAMARA TOKONI DISPUTE ABUJA, NIGERIA – The Supreme Court of Nigeria has ordered the immediate handover of the crude oil aboard the FPSO Tamara Tokoni to General Hydrocarbons Limited (GHL), bringing to a close the legal dispute over ownership and control of the asset. In an unanimous judgment delivered on Friday by a five-member panel of justices, the apex court held that the suit instituted by First Bank of Nigeria (FBN) was contractual in nature and did not fall within the scope of admiralty jurisdiction. The Supreme Court ruled that both the Federal High Court and the Court of Appeal lacked the jurisdiction to entertain the matter. Consequently, the court allowed the appeal filed by General Hydrocarbons Limited and set aside the judgment of the Court of Appeal, describing the decision as perverse. The court further directed the Chief Registrar of the Court of Appeal and the Admiralty Marshal to immediate...

SUPREME COURT ORDERS IMMEDIATE HANDOVER OF FPSO TAMARA TOKONI CRUDE OIL TO GENERAL HYDROCARBONS, SETS ASIDE APPEAL COURT JUDGEMENT

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SUPREME COURT ORDERS IMMEDIATE HANDOVER OF FPSO TAMARA TOKONI CRUDE OIL TO GENERAL HYDROCARBONS, SETS ASIDE APPEAL COURT JUDGEMENT ABUJA, NIGERIA – JULY 3, 2026: The Supreme Court of Nigeria has ordered the immediate handover of the crude oil aboard the FPSO Tamara Tokoni to General Hydrocarbons Limited (GHL), bringing to a close the legal dispute over ownership and control of the asset. In a unanimous judgment delivered on Friday by a five-member panel of justices, the apex court held that the suit instituted by First Bank of Nigeria (FBN) was contractual in nature and did not fall within the scope of admiralty jurisdiction. The Supreme Court ruled that both the Federal High Court and the Court of Appeal lacked the jurisdiction to entertain the matter. Consequently, the court allowed the appeal filed by General Hydrocarbons Limited and set aside the judgment of the Court of Appeal, describing the decision as perverse. The court further directed the Chief Registrar of the C...

Delta State Is Working Because I Have Chosen Performance Over Politics And Propaganda. - Oborevwori.

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Delta State Is Working Because I Have Chosen Performance Over Politics And Propaganda. - Oborevwori. Politics is often a theatre of predictions, assumptions, and premature judgments. Rarely does any leader assume office without being confronted by skeptics who question both capacity and vision. Such was the political atmosphere that greeted the emergence of Governor Sheriff Oborevwori as Governor of Delta State. There were those who doubted his preparedness, those who dismissed his political pedigree, and those who predicted that his administration would merely coast on the achievements of previous governments without charting a distinct course. Today, those early predictions have steadily collided with reality. Rather than becoming overwhelmed by the burden of expectations, Governor Oborevwori quietly but steadily demonstrated that leadership is ultimately measured not by loud rhetoric but by measurable impact. In no time his administration  evolved into one driven by ...

BOCA Energy, BOCA IT Systems Win Double Honours as Lagos NUJ Correspondents' Chapel Celebrates Excellence at 2026 Press Week

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BOCA Energy, BOCA IT Systems Win Double Honours as Lagos NUJ Correspondents' Chapel Celebrates Excellence at 2026 Press Week - BOCA Media Head, Alfred Abiodun, also bags Credence In Journalism award By Akeem Adeyemi. BOCA Energy Resources Limited and BOCA IT Systems Limited emerged among the major winners at the 2026 Press Week of the Nigeria Union of Journalists (NUJ), Correspondents’ Chapel, Lagos State Council, receiving two prestigious awards in recognition of their outstanding contributions to Nigeria’s energy, technology and corporate development sectors. The companies were presented with the Business Titan/CEO of the Year Award and the Most Innovative Energy and Technology Solution Providers Award during the grand finale of the Press Week held at the NERDC Conference Centre, Agidingbi, Alausa, Ikeja, Lagos. Also, the organization’s dynamic and creative Head of Media and Publicity, Alfred Abiodun, was recognized and awarded for his invaluable contributions to the development ...

At 61, Sanwo-Olu's Legacy of Security, Infrastructure and Prosperity Deserves Celebration – LSSTF ES/CEO, Ogunsan

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At 61, Sanwo-Olu's Legacy of Security, Infrastructure and Prosperity Deserves Celebration – LSSTF ES/CEO, Ogunsan As Lagos State Governor, Gov. Babajide Olusola Sanwo-Olu, celebrates his 61st birthday today 25th June, the Executive Secretary/CEO of the Lagos State Security Trust Fund (LSSTF), Dr. Ayodele Ogunsan, has paid glowing tribute to the Governor's transformational leadership, describing him as "the number one champion of safety and security in Lagos State" whose bold vision, strategic investments and unwavering commitment to public service have significantly elevated the standard of governance in Nigeria's commercial nerve centre, Lagos. Ogunsan said Sanwo-Olu's seven years in office have been defined by "purposeful leadership, impactful governance and measurable progress," pointing to landmark achievements in security, transportation, infrastructure renewal, youth empowerment, economic development and institutional reforms that h...

RESIDENT CRITICIZES CONSTRUCTION OF WOODEN BRIDGE IN IRELE COMMUNITY, RAISES SAFETY CONCERNS

RESIDENT CRITICIZES CONSTRUCTION OF WOODEN BRIDGE IN IRELE COMMUNITY, RAISES SAFETY CONCERNS IRELE, ONDO STATE, NIGERIA – A resident of Irele in Ondo State has expressed strong concerns over the government's decision to construct a wooden bridge in the community, questioning its safety, durability, and suitability in the modern era. The resident described the project as outdated and inadequate, arguing that a wooden bridge may not withstand heavy usage, adverse weather conditions, and the long-term transportation needs of residents. According to the resident, the community deserves a more durable and modern infrastructure solution capable of supporting economic activities and ensuring public safety. The criticism has sparked discussions among community members regarding the quality and sustainability of public infrastructure projects in the area. Residents are reportedly calling on relevant government authorities to review the project and consider constructing a concrete bridge tha...

BREAKING NEWS:TOURISM ICON OTUNBA WANLE AKINBOBOYE'S MOVIE PRODUCTION OF ‘SO LONG’ – ODIGBOSE COMMENCES

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BREAKING NEWS: TOURISM ICON OTUNBA WANLE AKINBOBOYE'S MOVIE PRODUCTION OF ‘SO LONG’ – ODIGBOSE COMMENCES La Campagne Tropicana Forest, River and Beach Resort transformed into a vibrant film production hub this week as principal photography commenced for the highly anticipated historical epic, So Long – Odigbose, a landmark movie project conceived by renowned tourism entrepreneur and cultural advocate, Otunba Dr. Chief Olawanle Akinboboye. The commencement of production marks the realization of a vision that has been nurtured for more than two decades. Set against the breathtaking backdrop of La Campagne Tropicana in Ibeju-Lekki, Lagos State, Nigeria, the production has attracted a distinguished gathering of filmmakers, actors, producers, technical crew, and cultural enthusiasts united by a shared commitment to authentic African storytelling. The film, inspired by a story created by Otunba Akinboboye and written by acclaimed screenwriter Tunde Bab...