Malabu Oil Scam: “I’ll make myself available for trial”, says Adoke.

Mohammed Adoke, former attorney-general of the federation (AGF), says he will defend himself against the allegations of the Economic and Financial Crimes Commission (EFCC) over his alleged role in the Malabu oil scam.

Adoke is accused of receiving over $800 million from the federation account as his benefit from the deal.

But in a statement, Adoke said the money laundering charge preferred against him by the EFCC was an attempt to “bring me to public disrepute in order to satisfy the whims and caprices of some powerful interests on revenge mission”.

He said he acted on the authority of former President Goodluck Jonathan to broker a settlement between Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited.

“My attention has been drawn to the charges filed by the EFCC against me and other named individuals and companies in respect of OPL 245 Settlement Agreement involving Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited,” he said.

“I wish to reiterate that I acted within the actual and ostensible authority of the office I occupied to broker a settlement between Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited in order to ward off the over US$2 Billion Dollars liability in damages for breach of contract which the country would have been exposed to in the likely event of the success of Shell Nigeria Ultra Deep Limited’s claim before the International Centre for the Settlement of Investment Disputes (ICSID).

“The terms of settlement ensured that the interests of the federal government of Nigeria, Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited were duly acknowledged and provided for in the settlement agreement.

“The federal government of Nigeria was entitled to the signature bonus which was duly paid; Malabu Oil & Gas Limited surrendered its title to OPL 245 for a consideration and Shell Nigeria Ultra Deep Limited was re-allocated OPL 245 which its had previously substantially de-risked in consideration for withdrawing their over US$ 2 billion dollars claim for breach of contract against the federal government of Nigeria.

“Since the parties aforementioned, faithfully discharged their respective obligations under the settlement agreement, one cannot comprehend how the office of the attorney-general of the federation which brokered the settlement was expected to renege from the agreement by denying Malabu Oil & Gas Limited the benefits associated with the relinquishing of their title to OPL 245 already warehoused in a joint FGN/Shell Escrow account, or to prevent the subsequent re-allocation of the relinquished OPL 245 to Shell Nigeria Ultra Deep Limited when the company  had already furnished consideration for it to the Federal Government of Nigeria.”

He denied benefiting from the settlement agreement between Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited in OPL 245.

“I did not take any benefit from it, I had requisite approvals from the president and commander in chief of the Federal Republic of Nigeria to broker the settlement and execute the OPL 245 settlement agreement,” he said.

“I am therefore unable to rationalise the charge of aiding the commission of money laundering offences preferred against me by the EFCC.  But be that as it may, I hope to at the appropriate time make myself available to defend the charge for what whatever its worth.”

2 thoughts on “Malabu Oil Scam: “I’ll make myself available for trial”, says Adoke.

  1. We suggest including the close-grip press early
    in your training, possibly first or second. Start with much
    less weight than you use on a traditional bench press, do each repetition with a full vary of motion, and
    carry out no much less than eight reps per set. There is such a factor
    as too close when is comes to close-grip bench press.
    Make sure to maintain your arms closer than shoulder-width apart—but remember, you need not have
    such a narrow grip that your palms touch. If your elbows flare
    out away out of your torso and you want to shift your
    bar path due to your hand placement, you are too close.

    For most people, a shoulder-width grip is finest for the barbell upright row.
    The close grip upright row permits for optimum (Range of motion) ROM as a result of it permits the
    elbows to boost greater than the shoulders. While
    lifting the weight in an upright row is essential, the way
    you decrease it issues, too.
    And it additionally locations undue strain on your shoulders and will increase your risk of damage.
    Your arms won’t proceed growing except you continue challenging them.
    This means you need to consciously apply progressive overload into your training
    plan — increasing load, reps, vary of movement (where possible), etc., when your periods begin feeling almost too easy.

    Another key tip is to shrug as excessive as possible to optimize the muscle contraction.
    You also needs to look barely up while shrugging, which might help you contract the
    traps extra successfully, but make positive to execute the movement
    smoothly and without ballistic actions that might result in neck injury.

    It Is important to exhale as you carry the load and inhale
    as you decrease it.
    Then underhand (more commonly called the reverse grip) bench press is a grip position the place the
    knuckles of your hands are going through away from you. The
    reverse grip forces you to tuck your elbows extra which makes it more of
    a horizontal raise. Some folks knock the bench press, saying that it doesn’t replicate anything
    we do in actions of daily living.
    To goal your back muscle tissue, the deadlift probably
    isn’t the most environment friendly. Relying on your biomechanics and the position of your hips, the
    deadlift will predominantly work the legs (hamstrings and glutes in particular) as a major mover.
    Smallest portion of your chest, spanning from your
    clavicle to your shoulder. It takes up a very small area of your chest and is a quantity of instances smaller than your sternal
    head.
    On a private degree, I’ve been dedicating myself to the world of powerlifting for the past 15 years, having both competed and
    coached at the highest stage. Elena Popadic has
    worked inside the health industry for over 6 years,
    is co-host of the Squats and Thoughts podcast and trains
    and competes as a powerlifter. She has a BSc in Life Sciences from McMaster University, a Postgrad Certificate in Public Relations
    from Humber College and is at present pursuing a MSc Occupational Therapy at Western College.
    The quantity of reps you do will depend upon the hundreds
    you choose, ensuring that you’re challenging your self adequately and getting 1-3
    reps shy of failure. Examine out my article on Tips On How
    To Swap From Powerlifting To Weightlifting.

    These kinds of sport athletes would profit as a result
    of they require power and energy from a place where the elbows are kept
    close to the physique or they need sturdy elbow extension. This can also be an necessary consideration for
    other sport athletes the place shoulder health
    and recovery is important and who don’t want to add any difficult
    horizontal pressing work for the shoulders. Flex your triceps as you
    drive the barbell again up until your arms are totally extended.
    Lay on a flat bench and unrack your barbell with a shoulder width grip.
    You can put your arms in the in style diamond formation if you like, but actually the key is maintaining your elbows tight to the physique throughout the movement.

    This positioning allows them to play an important position in a quantity of upper physique actions.
    In this information, we’ll break down the muscular tissues worked, dive into the
    proper form, highlight frequent errors to keep away from, clarify mechanical variables, and evaluate
    the dumbbell versus barbell variations. A place for for many who imagine that correct food regimen and intense training are all
    you should construct an incredible physique. Focus On NANBF/IPE, INBF/WNBF, OCB,
    ABA, INBA/PNBA, and IFPA bodybuilding, noncompetitive bodybuilding, diets
    for the natural lifters, train routines and more! All are welcome right here however this sub is intended
    for intermediate to advanced lifters, we ask that novices make
    the most of the weekly and every day dialogue threads for your wants.

    This is due to the reality that decline presses require a barely shorter vary of
    motion and are often easier on the shoulders. And since you’re urgent
    the dumbbells each inwards and upwards, you’ll nonetheless get a fantastic
    workout and a high muscle activation even when using gentle
    weights. This is usually a great exercise option if
    you’re coaching at home or you don’t have entry to heavy
    dumbbells in the meanwhile. The tricep brachii can additionally be
    called the triceps for brief and it’s situated on the back of your higher
    arm. The shut grip dumbbell press is an efficient triceps exercise as
    it’s a compound movement that targets extra muscle tissue than one..
    But, as effective and cherished the bench press may be, it’s true you could have an excessive quantity of
    of a great thing! In the realm of weight lifting, there are tons of different
    chest workouts you can perform to build your upper body.

    Though the shut grip dumbbell press is most definitely a chest
    exercise, it places your arms via a wide variety of motions, which also
    makes it an excellent triceps train. Just like slim grip barbell bench presses are very helpful
    for constructing your triceps, so are shut grip dumbbell presses.
    In addition, the close grip bench press is most likely
    not as efficient at focusing on the chest muscle tissue
    as different variations.
    Transferring your arms closer together affects everything up the chain of your upper physique.
    Your elbow position adjustments, the muscle tissue it targets shift, and your intention for the exercise
    needs to be approached in a special way. Not so way back, the standard rep vary
    suggestion for muscle progress was 6-12. Nevertheless, extra lately, it’s been revealed
    that anyplace from 6 to 35 reps may find yourself in muscle progress,
    supplied you’re taking your units near failure (1). In this article reveal why and the way to carry out
    reverse grip rows and the variations and alternate options you can do as an alternative.

    The upright row is typically performed by holding a bar
    (EZ curl or straight bar) in front of you with a slender, overhand grip
    and pulling it straight up to neck height, with the elbows leading the greatest way
    and pointed up.
    It’s a good idea to use a spotter till you grasp the correct close-grip bench press form, or it
    can lead to injuries. The incline shut grip bench press
    is a variation of the standard close grip bench press.

    In which the bench is set to an incline, often between 15
    and 45 levels. Strongman opponents also do lots of pressing actions that require strong arms and
    chest energy which may be built through the shut grip bench.

    A longer distance to your chest means a longer time underneath
    rigidity and general only a weaker total performance
    with the amount of weight you presumably can transfer.
    I wrote a whole article on how to bench press with lengthy arms,
    together with some particular ideas that you could begin to implement immediately.
    The trick is definitely to check out the lift,
    and should you can really feel your triceps engage, the grip might be good.

    I wrote a similar article discussing the benefits of the decline bench press,
    which you must learn after this to understand how completely different
    bench press variations can help you. One, you’ll need to set the barbell up in your rack at a top that
    you’ll have the power to safely rack and unrack the burden whereas laying on the floor.

    Flooring Press is basically Close Grip Bench Press but carried out on the ground.

    Though the wide grip bench press is a coveted raise by
    health club goers and aggressive athletes alike, the
    close-grip bench press can be an excellent
    power and muscle builder. Nonetheless, it does include an necessary limitation that may be more
    vital to some lifters and never as important to others.
    No worries.The dumbbell close grip bench press is the variation for you!
    Load up two dumbbells with palms facing in the path of each other and proceed to lower them to the underside of your chest.Pause for one second earlier than powering the weights back up.
    The slender grip locations a lot of the workload on the triceps for optimum muscle
    development.
    The goal is to have your palms shut while gripping the barbell.
    In contrast, a wide-grip bench press forces you to maintain your
    palms far from each other, leading to higher chest activation. To carry out
    the close-grip bench press, take the barbell from the rack and raise it,
    maintaining your palms around shoulder-width apart or a bit
    closer than that. Exhale as you slowly convey it
    down to your chest, preserving your elbows parallel.

    If you wish to be taught more about close grip barbell press for creating your chest, triceps, and shoulders
    to achieve a more outlined upper physique, then you need to read the whole weblog.
    One drawback of the shut grip bench press is that the slender grip will
    increase the whole range of motion of the raise, limiting your total
    energy output.
    Using a wider grip or switching to a unique train,
    such as the dips or push-ups, may be a greater option for
    these individuals. Compound exercises, such because the close grip bench
    press are an efficient use of your time. By performing this exercise you’ll practice more muscles
    and construct more energy in less time as extra muscular tissues are incorporated.
    The close-grip bench press for chest variations works out the
    same muscular tissues because the close-grip bench press however could contain different gear, actions, and physique positions.
    You might need to perform a variation of the close-grip bench press should you don’t have or don’t wish to use a barbell
    or bench. Moreover, proper type will ensure you get probably the most out of the
    close-grip bench press, build up your triceps, which can be underdeveloped in comparability with your shoulders.

    The second common mistake with the movement is attempting to raise too much weight.
    Often, trainees carry the identical load as they do for the basic bench press and must shorten their range of movement to compensate.
    We advocate starting with 50 to 60 % of your bench press working weight and focusing on correct method.
    The muscle’s primary perform is to stabilize the shoulder joint,
    and the anterior deltoid head assists the chest and triceps
    with urgent the load. While a close-grip press places much less strain in your shoulders, it’s still possible to injure them.
    Using proper close-grip bench press techniques, like a gradual
    and steady descent, can help forestall injuries. Good grip energy is critical to perform the close-grip
    bench press properly, as you can’t depend on your shoulder energy as much.

    These three components are called “heads,” and each has a special origin, however they all come together at one point in your arm.

    These are significantly much less annoying on the joints as a outcome of
    it’s a more pure place. The more serious the injury the less helpful straight grip handles shall be.
    If you flip the bar to shorten the motion, it’ll mimic a board press if
    you need to work a targeted vary of motion. The latest batch of
    the Nemesis bar improves on the one area where the bar was lacking – the knurling.
    The handles are actually fully knurled to what Bells of Metal
    (BOS in the remainder of the text) describes as medium grit.

    Still, I feel that the knurling is on the passive facet, particularly for a bar that you’re supposed to make use of for lat pulldowns.

    The feeling of your arms getting greater with every curl is a ceremony of
    passage, and no train delivers a biceps pump like
    barbell biceps curls. Moreover, creating strong triceps improves total upper-body power, enhances stability in urgent actions, and helps prevent shoulder accidents by
    supporting correct joint perform. The bench press can be
    a complicated movement because of the reality that it’s a compound motion. Some quick form tips can be to make sure your shoulder blades are back and down, like
    you’re attempting to place them in your back jean pockets.

    Have a moderate arch in your lower again, maintain your wrists straight and push via your
    ft when finishing the motion. Because you’re utilizing extra muscles during
    this compound exercise, you’re going to fatigue not just the muscle tissue, but the nervous
    system as well, which means that the entire body
    must respond to beat the stimulus. This not only trains your recovery capacity, but will also transfer to different workouts that you carry
    out in the gym.
    If your exercise requires you to use a barbell or bar, you
    can’t substitute. The objective is to construct a stronger, healthier physique without threat of injury.
    This protects your back and ensures you’re working the proper muscles instead of counting on momentum.

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