EFCC Arrests Ex-NCDMB Boss Wabote Over $35m Brass Project Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested Timber Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), over allegations of misappropriating $35 million linked to the stalled Brass Project in Bayelsa State. The investigation links Wabote to a misuse of public funds intended for a large-scale refinery and … Read more

Relief For Nigerians As Two New Refineries Begin Production, Order 300,000 Barrels Of Crude

EKO HOT BLOG reports that the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has revealed that the two new refineries in Edo State are poised to contribute to Nigeria’s 1.5 million barrels of daily refining capacity. The two refineries have reportedly ordered 300,000 barrels of crude oil from the … Read more