A special offences court sitting in Ikeja, Lagos has sentenced two oil marketers, Mamman Nasir Ali, son of a former National Chairman of Peoples Democratic Party (PDP), Ahmadu Ali, and Sierra Leonne national Christian Taylor, to 14 years imprisonment each for N2.2bn oil subsidy fraud.
Presiding Judge, Justice Mojisola Dada on Tuesday, May 27, 2025, handed down the sentencing following the culprits’ re-arraignment alongside Nasaman Oil Services Limited on an amended 57-count charge, following new findings in the case.
The defendants had initially been arraigned on a 49-count charge bordering on conspiracy to obtain money by false pretence, forgery and the use of false documents.
Details of Charges
One of the counts in the case read:
“Nasaman Oil Services Ltd, Mamman Nasir Ali, Christian Taylor, Oluwaseun Ogunbambo (now at large) and Olabisi Abdul-Afeez (still at large), on or about the 9th day of November 2011 at Lagos, within the Ikeja Judicial Division, with intent to defraud, conspired to obtain the sum of N749,991,273.36 (Seven Hundred and Forty-Nine Million, Nine Hundred and Ninety-One Thousand, Two Hundred and Seventy-Three Naira Thirty-six Kobo) from the Federal Government of Nigeria by falsely claiming that the sum of N749,991,273.36 represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund for the importation of 10,031,986 litres of Premium Motor Spirit (PMS), which Nasaman Oil Services Ltd purported to have purchased from SEATAC Petroleum Ltd of British Virgin Islands and imported into Nigeria through MT Liquid Fortune Ltd of British Virgin Islands and imported into Nigeria through MT Liquid Fortune Ltd Ex MT Overseas Lima, which representation you knew to be false.”
Another count reads: “Nasaman Oil Services Ltd, Mamman Nasir Ali, Christian Taylor, Oluwaseun Ogunbambo (now at large) and Olabisi Abdul-Afeez (still at large),on or about the 11th day of April 2011 at Lagos, within the Ikeja Judicial Division, with intent to defraud, obtained the sum of N1,480,074,125.61 (One Billion Four Hundred and Eighty Million, Seventy-Four Thousand, One Hundred and Twenty-Five Naira Sixty-One Kobo) from the Federal Government of Nigeria by claiming that the sum represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund for the importation of 20,492,982.50 litres of Premium Motor Spirit (PMS),which Nasaman Oil Services Ltd purported to have purchased from SEATAC Petroleum Ltd of British Virgin Islands and imported into Nigeria through MT Liquid Fortune Ex Mt. Hellenic Blue and Ex MT. Milleura, which representation you knew to be false.”
They initially pleaded not guilty to all the charges brought against them before the re-assignment of the case to Justice Dada.
Delivering judgment, Justice Dada found the evidence presented by the prosecution compelling and held that the actions of the defendants not only defrauded the government, but also undermined the integrity of Nigeria’s oil subsidy programme.
In addition to the jail term, the judge also ordered the forfeiture of identified assets and accounts linked to the convicted individuals as well as a warrant for the arrest of both Oluwaseun Ogunbambo and Olabisi Abdul Afeez, two other suspects still at large.
Before now, the convicts were initially arrested and arraigned for obtaining the sum of N1,480,074,125.61 from the Federal Government of Nigeria by claiming that the sum represented subsidy accruing to Nasaman Oil Services Ltd under the Petroleum Support Fund for the importation of 20,492,982.50 litres of Premium Motor Spirit (PMS).
