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Update : Henry Ajagbawa, Akuma refuse court bailiff service, illegally break into BEDC premises …risk jail term for court contempt
Henry Ajagbawa and K.C. Akuma, in company of three other persons (Adeola Ijose, Charles Onwera and Yomi Adeyemi) PURPORTEDLY RECENTLY appointed to the
Board of BEDC Electricity Plc (BEDC), on Wednesday proceeded to illegally and forcefully break into the premises of the company in Benin, the Edo State capital, DESPITE THE SUBSISTING COURT ORDER GRANTED IN FAVOUR OF VIGEO POWER, AND RESTRAINING THE NAMED INDIVIDUALS AND ENTITIES FROM ANY UNLAWFUL OCCUPATION.
Henry Ajagbawa and others who had refused to ACCEPT SERVICE OF THE court ORDER served by ON THEM by court bailiffs on the premises of BEDC, in the presence of the press, also forcefully broke into the office of the Managing Director and the Board room of the company bragging of government protection.
Journalists who arrived at the scene were also refused entry into the 4th floor where all was happening, even after the journalists had identified themselves.
It would be recalled that the Nigerian Electricity Regulatory Commission (NERC) and the Bureau of Public Enterprises (BPE) had recently announced A PUTATIVE restructuring of the boards of five DisCos which the Discos were alleged to have been done without inviting any of them to a meeting prior to the announcement which was widely circulated in the media.
The duo had explained that the announcement followed Fidelity Bank’s activation of the call on the collateralised shares of Kano Electricity Distribution Company, Kaduna Electricity Distribution Company and
BEDC Electricity Plc (the DisCos) in a bid to take over the respective Boards of the DisCos over the alleged inability to repay loans obtained to acquire majority stakes in the DisCos in furtherance of the 2013
privatisation exercise.
Consequently, the management of BEDC had responded by issuing a press statement explaining that there was no contractual, statutory or regulatory basis for the takeover and appointments.
The company stated that, “For the avoidance of doubt, the shares of BEDC have not been given as security to Fidelity Bank or to any other party.”
According to the management of BEDC, it was “Vigeo Holdings Limited (VHL – a non-shareholder of BEDC)” that “obtained credit facilities from Stanbic IBTC Bank Limited, Fidelity Bank Plc, and Keystone Bank Plc (the
VHL Lenders).” It noted further that the said credit facilities (and any enforcement action in relation thereto) have in the meantime become subject of litigation in a Court action instituted by VHL and other plaintiffs (the
VHL Action) with Suit No: FHC/L/CS/239/22 – Vigeo Holdings Limited and 4 Ors v. Stanbic IBTC Bank Limited, and therefore, subjudiced.”
Worried by the development, Vigeo Power Limited, the majority shareholder of BEDC had filed a suit and obtained injunctive orders at the Federal High Court in Abuja to restrain Fidelity Bank Plc, HENRY AJAGBAWA,
and THE other co-defendants from taking over BEDC pending the hearing and determination of the motion on notice dated July 8, 2022.
The other defendants are Nigerian Electricity Regulatory Commission (NERC), Corporate Affairs Commission (CAC), K.C. Akuma, Adeola Ijose, Charles Onwera, Henry Ajagbawa and Yomi Adeyemi.
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BREAKING: Faleke Obtains Tinubu’s Presidential Nomination Forms
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(L-R): Founder of Tinubu Support Group, James Faleke; APC National Organising Secretary, Suleiman Argungu; and other APC officials during the presentation of nomination and expression of interest forms to Faleke for President Bola Tinubu in Abuja on Tuesday.
The lawmaker representing Ikeja Federal Constituency, James Faleke, has picked up the All Progressives Congress Expression of Interest and Nomination forms on behalf of President Bola Tinubu ahead of the 2027 presidential election.
The APC National Organising Secretary, Suleiman Argungu, on Tuesday in Abuja, declared the process open and presented the Expression of Interest and Nomination forms to Faleke, who also serves as the founder of the Tinubu Support Groups.
Faleke’s collection and payment for the forms, valued at N100 million on behalf of the President, formally signal the commencement of Tinubu’s bid for re-election.
The Independent National Electoral Commission has scheduled the Presidential and National Assembly elections for Saturday, January 16, 2027, while governorship and State Houses of Assembly elections will hold on Saturday, February 6, 2027.
The commission also announced that party primaries, including the resolution of related disputes, will run from April 23, 2026, to May 30, 2026.
INEC further stated that campaigns for the presidential and National Assembly elections will begin on August 19, 2026, while those for governorship and state assembly elections will commence on September 9, 2026
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Gbajabiamila Endorses Hamzat, Says Lagos Is in Safe Hands
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The Chief of Staff to President Bola Ahmed Tinubu, Femi Gbajabiamila, has assured Lagos State Deputy Governor, Kadri Obafemi Hamzat, of his support in securing the All Progressives Congress (APC) governorship ticket ahead of the 2027 election.
Gbajabiamila, a former Speaker of the House of Representatives, gave the assurance on Sunday, describing Hamzat as competent and well-suited to lead Lagos State.
He stated that the state would be in safe hands under Hamzat’s leadership.
Hamzat had visited Gbajabiamila at his Surulere residence in Lagos as part of consultations with party stakeholders over his governorship ambition.
Responding, Gbajabiamila commended Hamzat’s capacity and approach, expressing confidence in his ability to govern the state effectively.
“Dr Hamzat, you are a man of honour, and it shows in your approach to consultations. But I say this publicly—you can take my support for granted because I have full confidence in your ability and capacity. My constituency, Surulere, is for you, and Lagos is for you,” he said.
In his remarks, Musiliu Obanikoro, a member of the Governor’s Advisory Council (GAC), briefed the host on the extent of consultations carried out so far.
“I can confidently inform the Chief of Staff that the level of endorsement has been overwhelming,” he said.
Other members of the delegation included the Secretary of the GAC, Alhaji Muti Are, Senator Ganiyu Olanrewaju Solomon, Hon. Bode Oyedele, Engineer Adekunle Olayinka, Dr. Hakeem Shittu, Hon. Saheed Kekereekun, Dr. Jebe, and Hon. Rasaq Ajala, among others.
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KOGI STATE STRENGTHENS CHINA PARTNERSHIP FOR AGRO-INDUSTRIAL DEVELOPMENT AND SAPZ IMPLEMENTATION
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Kogi State has taken a significant step in advancing its international partnerships aimed at accelerating the implementation of its Special Agro-Industrial Processing Zone (SAPZ) programme.
The SAPZ initiative is a strategic agro-industrial platform designed to boost food production, enhance processing capacity, create employment opportunities, attract private sector investment, and position Kogi State as a leading agricultural and industrial hub in Nigeria.
Central to the engagement is the development of a modern agricultural science and technology industrial park in Kogi State. The project aligns with the broader SAPZ framework and is expected to drive agro-processing, facilitate agricultural technology transfer, support equipment deployment, promote enterprise incubation, strengthen logistics and cold chain systems, enhance export infrastructure, and provide sustainable power solutions.
The Kogi SAPZ structure comprises the Ajaokuta Agro-Industrial Hub, alongside Agricultural Transformation Centres in Anyigba, Alape, and Osara, as well as the Zariagi Agro-Air Hub. The programme is designed to integrate existing farmer clusters with an additional 150,000 hectares of farmland per zone, creating opportunities for large-scale, tenant-driven agricultural production.
Priority value chains under the SAPZ include rice, maize, cassava, livestock and poultry, sesame, cashew, oil palm, and greenhouse farming. The programme also incorporates critical support systems such as warehousing, cold chain logistics, power solutions, compressed natural gas (CNG), agricultural technology, equipment deployment, and agro-export infrastructure.
As part of this effort, Kogi State entered into a strategic cooperation agreement with Hezheng Holdings Group and Hezheng Digital Technology (Hezheng Innovation Valley) Co., Ltd. The agreement marks a transition from conceptual planning to implementation and reflects the State’s deliberate strategy to attract credible technical partners, industrial park operators, investors, and global business platforms into the SAPZ ecosystem.
The Kogi State delegation was led by Alhaji Yakubu Okala, FCA, Auditor General of Kogi State and Project Investment Adviser, who represented His Excellency, the Executive Governor of Kogi State. Other members of the delegation included the Honourable Commissioner for Agriculture, Hon. Ojomah Timothy; Technical Adviser to the Governor’s Office, Dr. Abdullahi Ozomata; Chief Economic Adviser to the State, Alhaji Aliyu Inda Salami; and Project Consultant/Managing Director of Pulse Engineering and Consulting Limited, Mr. David Lekan Obatolu.
During the visit, the delegation toured key Hezheng facilities, including its investment promotion centre, agricultural industry exhibition hall, global launch hall, and live-streaming incubation base. The tour provided valuable insights into Hezheng’s industrial park management model, enterprise support systems, agricultural technology integration, and cross-border market development strategies.
Deliberations between both parties focused on actionable implementation areas such as industrial park development, technology transfer, processing infrastructure, enterprise incubation, park management systems, investment mobilisation, and equipment deployment. Discussions also explored frameworks for establishing a structured and sustainable China–Kogi industrial cooperation platform.
Both sides expressed strong alignment on the project vision and implementation roadmap. In the coming months, technical and commercial workstreams will be advanced towards full project mobilisation, including preparatory activities for groundbreaking and the establishment of coordination offices in China, Kogi State, and Abuja.
This engagement underscores the commitment of the Kogi State Government to transitioning the SAPZ programme from planning to execution, while positioning the State as a competitive destination for agro-industrial investment.
Kogi State remains resolute in its vision to build a bankable and investment-ready agro-industrial ecosystem that will enhance food security, promote value addition, create jobs, strengthen farmer-market linkages, support export growth, and unlock new economic opportunities for its people.
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