General
CBA Foundation Shares Food, Cash to Anambra Widows
By Aduragbemi Omiyale
As part of the New Year celebration, the Chinwe Bode-Akinwande (CBA) Foundation, a non-governmental organization in Nigeria, has put smiles on faces of some widows in Nnewi, Anambra State.
The event, which was held on Friday, January 1, 2021, had excited widows numbering over 55 going home with food-items and financial empowerment.
Speaking at the event, the founder of the NGO, Mrs Chinwe Bode-Akinwande, said the basis for diligently driving the foundation is derived from the passion and need to impact the lives of underprivileged widows who have gone through so much pain and discrimination and might have lost hope.
“We give hope to the hopeless. We are driven to support underprivileged widows to have a positive outlook on life despite the problems they experience by losing their loved one, mostly the breadwinner of the family.
“At the moment, we have over 1,200 authentic widows on our profile. The successes have been enormous, many women are now business owners and are able to not just fend for their families but are employers of labour. Over 40 children who had lost hope in education are back to school, through the payment of school fees as well as provision of stationeries. Twenty-six underprivileged widows through our medical intervention recovered from stroke.
“We have reached out to over 5,600 underprivileged widows and over 850 children through our International Widow’s Day outreaches since we started with food items, clothing, skill acquisition training, and financial empowerment to some selected and medical outreaches. We can go on and on but time wouldn’t permit me,” she said.
Mrs Bode-Akinwande added: “We have a long term expansion plan but what matters to us at CBA Foundation is our immediate environment.
“This indeed forms the basis for expanding our environment beyond Lagos, Ogun and Anambra which we currently cover. We are hopeful that more individuals and organisations will support us to spread across the country and beyond.”
At the Nnewi outreach, the widows expressed gratitude to the foundation as some were seen with smiles and relief on their faces.
According to Mrs Nwosu, one of the widows, a bitter kola and palm kernel trader, every market day, she goes to the town’s market society to borrow money to be able to buy and resell; she thereafter returns the money along with a part of the profit.
Mrs Nwosu was given a seed capital for bitter kola and palm kernel business by the CBA Foundation.
Mrs Nnodu is a mother of three. She and her kids hawk fruits on the streets. They share the routes they have to cover daily. To boost her income, she used to borrow money from the women group to sell plastics but was unable to meet up interest and timelines. She became a lucky beneficiary of CBA Foundation seed capital for the plastic business and packaging of the fruits.
Just like Nwosu, periodic checks and reports are to be done by leaders of their respective groups to track their progress, Mrs. Chinwe Bode-Akinwande, the CBA founder said.
For Mrs Okonkwo, the kids’ welfare had remained a huge challenge. The widow who cleans the streets and takes care of her very aged mother, wants to start a poultry business that can fetch her money, take care of the sick aged mother with her is enough for her to cater for her kids. CBA has come to her rescue also by providing seed capital for the poultry business which will be tracked by her group leader just like others who were empowered the same day of outreach.
One of them, Mrs Akoma, goes into thick bushes to fetch firewood, arranges them and takes to different market days to sell and earn a living. Akaoma was also among the beneficiaries of the seed capital to start a business to immediately stop the risk to her life in the thick forest.
The CBA Foundation is primarily dedicated to promoting the protection of Nigerian underprivileged widows and their vulnerable children, restoring immediate and lasting hope, confidence, and courage in their lives.
Established in 2015, the foundation, under its five-point agenda, has reached out to thousands of underprivileged widows and children through skills acquisition training, health intervention, business start-ups and provision of clothing, nutrition and tuition fees for the children.
A breakdown shows 5,600 widows have been empowered through its women empowerment and capacity building initiative; over 3,500underprivileged widows have received health intervention while over 3,600 have received food items.
The foundation has also reinstated 45 children in schools, empowered 120 widows financially to start a business of their own and provided palliatives to 250 widows during the COVID-19 pandemic lock-down.
General
Tinubu Seeks Senate Confirmation of Tegbe as Power Minister
By Adedapo Adesanya
President Bola Tinubu has written to the Senate seeking confirmation of the nomination of Mr Joseph Tegbe as the Minister of Power in the Federal Republic of Nigeria.
The request, read by the President of the Senate, Mr Godswill Akpabio, during plenary on Tuesday, was conveyed in a letter addressed to the Senate.
President Tinubu, citing Section 147(2) of the 1999 Constitution (as amended), which empowers the President to nominate ministers subject to Senate confirmation, urged lawmakers to give the request prompt consideration.
Last week, Mr Tinubu nominated Mr Tegbe as the Minister of Power, following the resignation of Mr Adebayo Adelabu to pursue a governorship ambition in Oyo State under the All Progressives Congress (APC) in the 2027 polls.
In the same vein, President Tinubu sought confirmation of two other nominees: Ambassador Sola Enikanolaiye as Minister of State, as well as Mr Rabiu Abdullahi Umar as the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
“The nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution,” a statement by presidential spokesperson Mr Bayo Onanuga read in part.
Like his predecessor, Mr Tegbe is from Oyo State. He is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors.
A former Senior Partner and Head of Advisory Services at KPMG Africa, he led wide-ranging initiatives in fiscal policy reform, institutional transformation, and governance in that firm.
Mr Tegbe has also advised key government institutions and private sector organisations on strategic reforms, regulatory frameworks, and investment structuring.
Until his nomination, he served as the Director General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), and was responsible for strengthening bilateral development cooperation between Nigeria and the People’s Republic of China.
Key priority for Mr Tegbe, if confirmed, will be to institute and execute policies that can help fix one of Nigeria’s most crucial sectors.
General
Court Orders SERAP to Pay DSS Operatives N100m For Defamation
By Adedapo Adesanya
Justice Halilu Yusuf of the Federal Capital Territory High Court, Abuja, has awarded N100 million in damages against the Incorporated Trustees of the Socio-Economic Rights and Accountability Project (SERAP).
In his judgment, Justice Yusuf held that two operatives of the Department of State Services (DSS) were right to institute a defamation suit against SERAP.
In the suit, filed in the names of the two DSS officials, Ms Sarah John and Mr Gabriel Ogundele, the claimants accused SERAP of making a false allegation that they invaded its office in Abuja on September 9, 2024.
The court also ordered the organisation to tender a public apology to the two operatives, to be published in two national newspapers and broadcast on two television stations.
In addition, the court awarded N1 million against SERAP as the cost of litigation.
The judgment further stipulated a 10 per cent interest on the damages until the sum is fully paid.
The case follows a dispute that began in September 2024 when SERAP alleged that DSS officers “unlawfully invaded” its Abuja office.
In a post on its X account, the group said, “Officers from Nigeria’s State Security Service are presently unlawfully occupying SERAP’s office in Abuja, asking to see our directors.”
It added, “President Bola Tinubu must immediately direct the SSS to end the harassment, intimidation, and attack on the rights of Nigerians.”
The DSS, however, denied the claims.
It said the visit by its officers was routine and meant to engage the organisation’s new leadership.
The officers later sued, insisting that “no invasion occurred” and that the claims damaged their reputation and led to disciplinary action.
However, SERAP maintained its position.
In a later statement, it said, “We stand by our statements of defence and statements on oath,” insisting that DSS officers “unlawfully invaded our Abuja office.”
During court proceedings, witnesses reportedly said no physical assault took place.
SERAP’s Deputy Director, Mr Kolawole Oluwadare, told the court the claims were based on information from a staff member.
Counsel to the DSS officers, Mr Oluwagbemileke Kehinde, urged the court to grant all reliefs, arguing that the claimants had “substantially proved their case.”
General
UK Court Freezes Nigerian Oil Trader’s Global Assets Over $40m Debt
By Adedapo Adesanya
A court in the United Kingdom has taken sweeping action against a Nigerian oil trader, Mr Abdulrahman Musa Bashar, freezing his assets worldwide in a bid to secure repayment of a long-running debt dispute tied to failed fuel transactions.
The order, issued by the High Court in London, prevents Mr Bashar and his firm, Ultimate Oil and Gas FZCO, from selling, transferring, or otherwise dealing with assets across multiple jurisdictions, including Nigeria, the United Arab Emirates, the United Kingdom, and France. The restriction applies up to the value of the outstanding liability, with disclosed holdings estimated at nearly $170 million.
According to Business Day, the dispute traces back to oil trading agreements between 2022 and 2023, when Dubai-based Petrichor Energy supplied gasoil and Jet-A1 aviation fuel to Ultimate.
Court filings indicate that while deliveries were completed, payments were inconsistent and ultimately fell short, leaving the supplier to pursue legal and arbitration routes to recover its funds.
In an attempt to resolve the matter, Mr Bashar entered a personal repayment agreement in early 2024, backing the company’s obligations with his own guarantee.
He also issued a series of signed cheques as security. However, these measures failed to yield results, as the debt remained unsettled and the cheques were rejected upon presentation.
The court’s decision to impose a global freeze was influenced by what it described as troubling conduct during the dispute. Evidence suggested that assets were being sold without proceeds going toward the debt, alongside concerns that not all holdings had been fully disclosed.
The newspaper reported that testimony also pointed to an alleged warning from Mr Bashar that he might move assets out of reach if negotiations broke down, an assertion the court treated as a credible risk of asset dissipation.
The ruling adds to a growing list of legal challenges facing the businessman. He has previously been sanctioned by English courts for failing to comply with orders in a separate commercial dispute, and was also convicted in Dubai, the UAE, in a different cheque-related case.
With the freezing order now active, Petrichor has expanded its recovery efforts beyond the UK, initiating enforcement actions in both the UAE and Nigeria.
The move aims to block any pathways through which assets could be shielded, while also enabling seizure or control where legally permitted.
In a further escalation, the English court has directed two Nigerian-linked companies associated with Mr Bashar to grant access to a Delta State storage facility, allowing the creditor to recover fuel cargoes tied to the unpaid transactions. Failure to comply could trigger additional legal consequences, including contempt proceedings.
Despite ongoing attempts by Mr Bashar and his company to overturn the freezing order, the court has so far declined to lift the restrictions, leaving the enforcement process firmly in motion.
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