News
Estate Developer Seeks Tinubu’s Intervention Over Illegal Demolition of Properties in FCT
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
News
Rayyan Microfinance Bank unveiled by Zulum
Rayyan Microfinance Bank unveiled by Zulum
By: Bodunrin Kayode
Borno State Governor, Babagana Zulum, has unveiled Rayyan Microfinance Bank, headquartered in Maiduguri, the state capital on Sunday.
Rayyan Bank chaired by Dr Usman Shettima is an Ethically Compliant Digital Bank that offers non-interest financing which is an insignia of Islamic banking to rural communities.

With a commitment to ethical compliance practices, the bank also provides a comprehensive range of banking solutions designed to meet the diverse needs of individuals and businesses.
Speaking at the unveiling ceremony held in Forshams Event Centre, Maiduguri, Zulum emphasised that the bank is a critical tool for building resilience and fostering self-reliance among the people of Borno.
He highlighted its projected role in providing the financial backbone communities need to rebuild livelihoods affected by years of insurgency.

“Microfinance banks are crucial for driving financial inclusion, reducing poverty and promoting economic growth through providing accessible financial services such as small loans, savings accounts and insurance amongst others to low income individuals who don’t have access to traditional banking systems in Nigeria.
“I want to commend the vision and tenacity of the chairman and members of this very important bank, I also want to assure you that the government, under my leadership, will partner with you to promote the ideals of the non-interest banking system which is very important to our economy.” said Zulum
Demonstrating Borno State government’s confidence in the new institution, Zulum directed the State Ministry of Finance to immediately open an account with Rayyan Microfinance Bank.

Following the unveiling, the Governor formally presented the bank to the public, urging residents, cooperatives, and business owners to utilise its services to grow their businesses, support local enterprises, and contribute to the state’s economic resurgence.
The event featured keynote addresses and lectures by the academia, regulatory agencies, religious scholars, and other stakeholders, highlighting the potential of non-interest banking to promote ethical investments and foster inclusive economic growth.
Rayyan Microfinance Bank unveiled by Zulum
News
Troops neutralise notorious kidnap kingpin in Jama’a LGA, Kaduna
Troops neutralise notorious kidnap kingpin in Jama’a LGA, Kaduna
By: Zagazola Makama
Troops have neutralised a notorious kidnapping kingpin, Amadu, during a raid in Malafiya town, Atiku Ward of Jama’a Local Government Area of Kaduna State.
Sources said that Amadu was the leader of a criminal syndicate terrorising Malafiya and surrounding communities with crimes ranging from kidnapping and cattle rustling to armed robbery.
According to the sources, Amadu had been on the most-wanted lists of security agencies and was linked to several high-profile crimes in the area, including the killing of a businessman in September 2025 and an attempted abduction of a prominent local figure’s relative.
The sources said that following credible intelligence on the gang’s hideout, troops conducted a raid on Jan. 25, 2026, to apprehend the remaining criminal elements. During the operation, there was an exchange of fire between the troops and the suspects.
“In the course of the engagement, Amadu attempted to escape and was neutralised. A search of the scene led to the recovery of a locally made pistol,” the sources said.
The sources added that the general area has since been calm, while clearance and confidence-building patrols have been intensified to prevent a resurgence of criminal activities.
Troops neutralise notorious kidnap kingpin in Jama’a LGA, Kaduna
News
IBUAM: A New Chapter in University Education, Changing the Phase of the Aviation Industry
IBUAM: A New Chapter in University Education, Changing the Phase of the Aviation Industry
By: Balami Lazarus
The quest and search for knowledge by men is an unending process, a continuous tense as long as humans live here on the mother planet. Therefore, the quest and thirst for knowledge is like mwala in the Bura dialect, which simply means to dig continuously.
For some decades Nigerian educational space has experienced growth and progress in her university system. The emergence of universities to cater to the educational needs of the citizens is clear evidence that there are positive changes in the system. It has also brought improvements and innovations, walking like a giant with nobility robes in the gown of knowledge, understanding, and wisdom provided by the ivory tower.
Isaac Balami University of Aeronautic Management (IBUAM) is one university that was established recently in the bustling Centre of Excellence, Lagos. Registered and licensed by the National Universities Commission (NUC).
The aviation sector, I have observed, is what many lack understanding of. For some, it starts and ends with airports, aircraft, and pilots. But for Isaac David Balami, it begins with aeronautic and management knowledge provided by his university.
Isaac Balami University of Aeronautic Management (IBUAM) is the first of its kind in the aviation industry/educational landscape of our nation. IBUAM is beginning to change and impart on the aviation industry through academic courses offered at the university.
IBUAM disciplines are in aeronautics and management as its academic training. Its objective, therefore, is to train students in aeronautics, engineering, and aviation management and techniques. To further equip students with “skills in aviation operations and airline management.”
Some courses at IBUAM are aerospace engineering, mechatronics engineering, and aviation operations/airline management, among others.
Isaac David Balami is an aeronautic engineer, aviation expert, entrepreneur, and philanthropist. Isaac has also distinguished himself in union leadership of the National Association of Aircraft Pilots and Engineers (NAAPE).
IBUAM: A New Chapter in University Education, Changing the Phase of the Aviation Industry
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