SSS releases Capital Oil boss, Ifeanyi Ubah

The State Security Service, SSS, has released Ifeanyi Ubah, Chairman of Capital Oil and Gas Limited, after keeping him in custody for almost six weeks.

According to Channels Television, Mr. Ubah was released from detention on Monday night.

The businessman was arrested by the SSS on May 5, over alleged diversion of petrol kept in his tank farm in Lagos by the Nigerian National Petroleum Corporation, NNPC.

He was accused of “economic sabotage” by the NNPC‎ which reported him to security agencies.