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Update : Henry Ajagbawa, Akuma refuse court bailiff service, illegally break into BEDC premises …risk jail term for court contempt

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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: Tinubu Directs Immediate Withdrawal of Police Officers from VIPs for Core Policing Duties — Onanuga

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PRESIDENT Bola Tinubu has ordered the withdrawal of police officers currently providing security for Very Important Persons, VIPs in the country.

A statement issued by presidential spokesman, Bayo Onanuga said henceforth, police authorities will deploy them to concentrate on their core police duties.

According to the statement, the presidential directive was issued at the security meeting President Tinubu held on Sunday with the police, Air Force, army chiefs and the Director-General of the Department of State Services, DSS, in Abuja.

The Presidential directive stated that “VIPs who want police protection will now request well-armed personnel from the Nigeria Security and Civil Defence Corps.

“Many parts of Nigeria, especially remote areas, have few policemen at the stations, thus making the task of protecting and defending the people difficult.

“In view of the current security challenges facing the country, President Tinubu is desirous of boosting police presence in all communities.

“Already, President Tinubu has approved the recruitment of 30,000 additional police officers. The federal government is also collaborating with the states to upgrade police training facilities nationwide.”

Sunday’s meeting was attended by the Chief of Army Staff, Lt General Waidi Shaibu; the Chief of Air Staff, Air Marshal Sunday Kelvin Aneke; the Inspector General of Police, IGP Kayode Egbetokun; and the Director-General of the Department of State Services, Tosin Adeola Ajayi.

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Update : Relief in Kwara as Tinubu Announces Rescue of 38 Kidnapped Worshippers

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…vows unrelenting pursuit of national security

President Bola Ahmed Tinubu on Sunday announced the rescue of all 38 worshippers abducted earlier in the week from the Christ Apostolic Church (CAC), Eruku, in the Ekiti Local Government Area of Kwara state, reaffirming his administration’s commitment to securing every Nigerian across the country.

In a post on his verified X handle, @officialABAT, the President said the development followed days of coordinated operations by security agencies, which he had personally supervised after cancelling his scheduled trip to the G20 Summit in Johannesburg, South Africa.

“You will recall that I cancelled my trip to the G20 Summit in South Africa to enable me to coordinate the security efforts at home. Thanks to the efforts of our security forces over the last few days, all the 38 worshippers abducted in Eruku, Kwara State have been rescued”, President Tinubu wrote.

The President also confirmed the recovery of 51 of the students abducted from a Catholic school in Niger State, noting that he continues to monitor nationwide security developments through constant updates from operational commanders in the field.

Expressing determination to sustain the pressure on criminal elements, President Tinubu assured citizens of his unwavering resolve to protect lives and restore stability.

“Let me be clear: I will not relent. Every Nigerian, in every state, has the right to safety, and under my watch, we will secure this nation and protect our people,” he said.

The President commended the security forces for their efforts and pledged that the government would continue to strengthen intelligence, response capabilities, and inter-agency coordination in the ongoing fight against banditry, terrorism, and other threats.

The rescue operations come days after heightened national concern over abductions in parts of the Northwest and North-Central regions, prompting the President to order additional deployments and intensified counter-terrorism actions.

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Our Security Crisis Troubles Me Most,” Tinubu Admits

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President Bola Tinubu says insecurity remains the most troubling challenge facing Nigeria, especially the Northern region.

He said on Saturday in Kaduna that urgent efforts were required to rebuild trust, strengthen unity and restore safety across communities.

Tinubu, represented by the Speaker of the House of Representatives, Tajudeen Abbas, spoke at the 25th Anniversary of the Arewa Consultative Forum (ACF) and the launch of its Endowment Fund.

The president said insecurity must be tackled decisively to prevent further economic decline and educational setbacks.

Tinubu said, “Nothing troubles me more gravely than the security crisis bedevilling Nigeria, especially Northern Nigeria,

“We cannot prosper when one limb of the national body is paralysed.”

He said his administration inherited complex security challenges but was addressing them with “urgency and determination.”

The president said that the government was committed to eliminating terrorist and bandit groups operating in the North and reversing the region’s economic decline.

He expressed optimism about Northern Nigeria’s economic prospects, saying he looks forward to the day crude oil tankers begin to roll out from Kolmani and other northern oil fields.

Tinubu added that key infrastructure projects, including the Abuja, Kaduna,Kano Superhighway,. were being fast-tracked for completion and commissioning.

He said the North must speak with honest and courageous voices to address its challenges, warning that the region cannot progress if leaders fail to protect vulnerable communities.

“We fail the day we sleep comfortably while millions sleep with empty bellies, the day fear becomes a permanent companion for travellers,” he said.

Tinubu added that although decades of dysfunction had strained unity, the diversity represented at the ACF anniversary demonstrated a collective resolve to resist division and restore solidarity.

The president praised the ACF for serving as the conscience of Northern Nigeria for 25 years, saying that the forum had consistently defended dignity, fairness and equality for millions.

He described the Silver Jubilee as a celebration of courage, advocacy and principled service.

Tinubu urged leaders across all sectors to recommit to the values that guided the founding of the ACF, stressing that the unity and stability of the North were vital to Nigeria’s overall peace and development.

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