Strategic Communication expert with more than 25 years experience in media practice, development communication, social, corporate and marketing communication
‘He died of cardiac arrest during intercourse’ — ex-DSS operative narrates Abacha's last moments https://t.co/BdP9JiMhpg
Former DSS boss gives account of how Abacha died during sex with an Igbo pharmacist-girl.
@daily_trust@officialEFCC we are proud of you. Keep hounding these thieves. When will you’ve after former CRS governor, Ben Ayade. His mess is worse than Bello’s
@officialEFCC Thanks for the positive energy to tracking down enemies of development such as thieving former governor of Kogi State, Yahaya Bello. When are you visiting the situation in Cross River State where former governor, Ben Ayade had done worst things than his Kogi counterpart?
Breaking News
Geometric Power: Prof Barth Nnaji Writes Governor Alex Otti on Equity Stake by Ikpeazu Administration
The Chairman/CEO of Geometric Power has addressed a formal letter to Governor Alex Otti wherein he stated that the administration of Governor Okezie Ikpeazu actually paid for 3.5% equity representing $3.56m in the company. This was revealed by a reliable source working with Geometric Power who spoke with our correspondent.
This is coming on the heels of controversies started by Prof Nnaji who told newsmen on Friday that Abia State Government did not have any investment in the company but was countered by the former commisioner for Trade and Investment during the Okezie Ikpeazu administration, Chief John Okiyi Kalu who asserted that he had evidence that the sum of $3.56m was paid to Geometric Power by the administration through Stanbic Bank.
In the leaked letter dated 28th February 2024 and making the rounds in public space, Prof Nnaji confirmed its details as previously sent to Governor Ikpeazu.
Interestingly, Governor Alex Otti had already received this letter before his interview with Channels Television on Thursday night where he claimed that he had no evidence that the state had any investment in the Geometric Power Aba project. In that interview, he also claimed that he did not have documents to prove that any investment was made.
But Mr Okiyi in a social media post stated that the transaction was recorded in the handing over note given to Governor Alex Otti on May 29th 2023 and that all he had to do as Governor was to request for details from the state's ministry of finance to confirm.
He further stated that the same details were published in the 2022 financial report of the state as circulated by the Otti administration and wondered how Governor Otti could have first denied the existence of the investment through his aides and later lied on national television about it whereas he already had possession of the letter from Prof Barth Nnaji confirming Abia's investment in the project as consummated by former Governor Okezie Ikpeazu.
Responding to questions from our correspondents, Chief Okiyi asked Prof Nnaji to come clean on why he earlier denied the investment only to turn around to confirm its existence. According to him, “Prof benefitted immensely from the support given to him and his company by Dr Okezie Ikpeazu and I still wonder why he denied the investment in the first place and tried to belittle the magnitude of the interventions made by Ikpeazu.
"I am aware that it was Governor Ikpeazu that took him to China to meet with Rui Group that wanted to invest and later to Egypt and South Africa where a facility of $50m was finalized by AFREXIM bank for the project.
"In addition to that, Governor Ikpeazu also invested the sum of $3.56m on behalf of the people of Abia State in the Geometric Aba Power Project, yet Prof allowed himself to be corralled by a desperate glory hunting politician whose only contribution to the project appears to be supporting a loan for high profit facility in 2012," he concluded.
@abati1990 Thunder fire Mahmoud and @inecnigeria and all the conspirators. At this point, we have no choice than to be cursing and abusing them. It shall never be well with them.
@MalachyOdo1@Hollu_Midey Banditry and kidnapping are the new normal in foreign direct investment in Nigeria. It’s lucrative for both the perpetrators and the security forces who are in active connivance with the culprits.
@Ugowil@officialEFCC@DeleOyewale What’s even the name of the current Nigeria’s Defence Minister @DefenceInfoNG who is being fingered by former petroleum ministry in Jonathan’s administration for keeping a large chunk of the nation’s oil money stolen byte duo. @officialEFCC needs to answer this.
Robert Badinter, a French lawyer and former justice minister who led the fight to abolish the death penalty in France and became one of the country’s most respected intellectual figures, died early Friday. He was 95.
https://t.co/QsWAKclwRB
@instablog9ja The only way the social media can be regulated to sanitize fake and false information is for the government itself to give accurate and allow timely access to information.
The Nigeria Football Federation has decried insinuations in some quarters that the Central Bank of Nigeria is delaying payments of match bonuses and allowances due to the Super Eagles at the ongoing 34th Africa Cup of Nations finals in Cote d’Ivoire. https://t.co/CSRxyWf4FF