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Estate Developer Seeks Tinubu’s Intervention Over Illegal Demolition of Properties in FCT

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Estate Developer Seeks Tinubu’s Intervention Over Illegal Demolition of Properties in FCT

By: Michael Mike

An appeal has gone to President Bola Tinubu to wade into the destruction of some properties in Abuja.

One of the foremost real estate developers in the city, Engineer Success Obioma, the CEO of three companies, Praco International Ltd, Psalm 127 Ltd, and Peace Be Still Ltd, in an appeal over the weekend, called for immediate intervention of President Bola Tinubu over the demolition of his multibillion naira property in Abuja

Obioma said the properties were developed in his quest to meet the housing need of the masses in the FCT, noting that he acquired, developed and managed properties for his numerous clients in FCT including high profiled Nigerians and politicians.

The real estate developer who alleged an unwarranted persecution by the perceived detractors, said the authority was misled to demolish some of his properties by seizing all his documents and titles, and getting property worth billions of naira destroyed.

The engineer, who narrated his ordeal and how his aspiration was frustrated and truncated to journalists in Abuja, said he had lost over N10 billion to demolition by Federal Capital Territory Authority (FCTA).

Obioma said he was incarcerated for over two years in the struggle to get justice over illegal demolition of his properties and that of his clients.

He equally lamented how authority of FCTA humiliated and frustrated him for over 20 years by seizing of title documents with destruction of multibillion naira property and even incarcerated him for more than two years and yet no hope in sight for a relief from unwarranted persecution by the authority.

Obioma, who said he had secured reliefs through court judgment over the release of his title documents, said the FCT Minister Nyesom Wike should know that the restoration of his title documents followed due process and he should release the remaining seized documents or restore them.

He said the committee set up by the FCTA as directed by the former president Olusegun Obasanjo cleared him of all allegations of possession of fake land documents as was being speculated.

He said that for the 20 years the matter lasted, no one could produce one victim of his alleged illegal land deals to could be brought out to testify.

He noted that the membership of the committee comprised of all department heads, directors and management staff of FCTA because they were looking for fake documents “as was being speculated by enemies of progress that I forge land documents to acquire lands. It gave me the opportunity to prove myself as an honest business man.

“For the 20 years the matter lasted, they could not produce one victim of my illegal land deals to testify.”

He urged the FCT minister to publish the committee report of 2002, publish the documents seized from him for the world to see how fake or originals they are.”

He also said: “The minister should also ask the members of that committee who are still in service to explain how I was screened, my activities screened, and documents verified and they could not identify that there were no ministerial approvals covering over 200 plots they linked to me.

“He should also study the Federal High Court judgment as a lawyer to see that there was no stone left unturned by EFCC and their collaborators to prove their informants wrong.

“H.E. Nyesom Wike should be made to know that the restoration of my title documents followed due process and he should release the remaining seized documents or restore them.”

Obioma said this was necessary because his life was being threatened by his clients who believed that he had sold their land.

He said: “Yes my life is being threatened by those whose properties have not been restored. Most of them have waited since 2003 till date they are now asking, having been acquitted by a court of competent jurisdiction what else is holding their documents? They have been alleging that I sold them.”

The developer who is presently away in London to complete the PhD programme he abandoned since 2003, said he was ready to suspend it to pave way for resolution of the issue

He said: “Yes am not in the country, but am ready to suspend what am doing here to come if my attention is needed by the minister as a solution to the confusion created by the demolition.”

He advised that: “The demolition gale should be checked so that investors would not lose interest in FCT.”

Estate Developer Seeks Tinubu’s Intervention Over Illegal Demolition of Properties in FCT

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Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

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Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

By: Michael Mike

The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.

In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.

The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.

NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.

According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.

The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.

NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.

The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.

The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba

Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

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NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

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NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.

The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.

They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.

“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.

“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.

According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.

“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.

“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”

The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.

They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.

They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.

They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.

“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”

NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

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Troops neutralise bandit, recover arms in Plateau raid

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Troops neutralise bandit, recover arms in Plateau raid

By: Zagazola Makama

Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.

Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.

“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.

The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.

The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.

Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.

Troops neutralise bandit, recover arms in Plateau raid

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