Connect with us

News

UK court bans Arise TV Chairman, Obaigbena from serving as director of any company for 7 years

Published

on

The United Kingdom has disqualified the founding Chairman and Editor-in-Chief of THISDAY Media, ARISE News Channel and ARISE Magazine, Nduka Obaigbena, from serving as a director of any company in the country for seven years.

The application for disqualification was made under Section 6 of the Company Directors Disqualification Act 1986 and arose from the compulsory liquidation of Arise Networks Ltd of which Obaigbena was the sole director since its incorporation on October 30, 2012.

According to the judgement, published on BAILII, the company had zero turnovers and as of December 31, 2013, it had recorded losses of £3,854,112 and debts of £1,545,883.

Due to foreign exchange restrictions by the Nigerian government in September 2014, it was difficult to “transfer necessary funding to ARISE”.

In December 2014, the company had expense debts of more than £3 million. The debt owed to creditors led to increased pressure from late 2014 onwards due to the company’s inability to pay off its debts.

A paragraph of the judgement partly read: “As of 31 December 2014, the total losses were £12,922,174, with trade creditors (which includes those working for the company) of £3,737,445 and associates being £14,407,929. By 31 December 2015, the total losses were £24,913,106 with the trade creditors (which includes those working for the company) in the sum of £5,635,596 and associates being £19,681,779. By 22 April 2016, the total losses were £25,671,167, trade creditors (which includes those working for the company) £5,850,730 and associated companies £20,313,691. The trade creditors rose by £2,113,285 even taking into account that certain liabilities have been discharged. The associated companies’ debt during this period rose by in excess of £5 million.”

Advertisement

 An email quoted in the judgement read, “Hi Kevin/Nduka, Happy anniversary, I have been working under contract for six months at Arise. I’ve been paid one month’s money. February’s money is three months late. Still nothing, when will I get what is owed?”

According to the court, Obaigbena made efforts to clear some payments, but there were still large sums that remained outstanding. With no certainty of when any of the payments would be made, the court took into account that it did not consider the case of dishonesty but rather unreliability.

“However, this does not mean that the case is any less serious. The public interest is served in this case, in my judgement by disqualifying Mr Obaigbena for a period of 7 years,” the judgement read.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

OYC Warns ICPC Chairman Against Alleged Bias in Uche Nnaji Case

Published

on

 

The Apex sociocultural youth organization of the Igbo race worldwide, Ohanaeze Youth Council (OYC), has described the current arrest made by the Independent Corrupt Practice and Other Related Offence (ICPC) against former Minister of Science and Technology and the 2027 People Democratic Party (PDP) governorship candidate for Enugu State, Hon. Uche Nnaji, regarding his certificate, as a deliberate political witch-hunt orchestrated by the Governor of Enugu State, His Excellency Gov. Peter Mbah.

In a press address in Enugu on Wednesday, 8th July 2026, Comrade Igboayaka O. Igboayaka, National President of Ohanaeze Youth Council (OYC), called on Dr. Musa Adamu Aliyu (SAN), Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), to maintain the commission’s ethical standards, threatening to seek his removal if evidence confirms the alleged bias of ICPC in favor of Governor Peter Mbah against Hon. Uche Nnaji regarding the 2027 Guber election.

*The Ohanaeze Youth Council (OYC) revealed that the fight against Hon. Uche Nnaji is a battle for the Enugu Governorship and the “Lions Building Seat” in 2027, and dismissed the certificate forgery allegations against Uche Nnaji as a political distraction and blackmail.*

The surreptitious entry into the court by the Independent Corrupt Practices and Other Related Offences Commission to obtain a court order detaining Hon Uche Nnaji is a teleguided executive overreach attributed to Gov Peter Mbah apparently aimed at silencing Hon Uche Nnaji, which is highly censurable.

The Council stated that “A court of competent jurisdiction is presently handling the unsubstantiated certificate forgery case, and the University of Nigeria Nsukka and Hon Uche Nnaji have opted for an out-of-court settlement, following recent findings of misinformation.

Therefore, Dr. Musa Adamu Aliyu (SAN), Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), should maintain a neutral stance regarding the Enugu State Governorship battle to preserve his reputation built through his legal career and public service, and avoid being perceived as succumbing to Governor Peter Mbah’s alleged attempts to utilize executive power to blackmail and witch-hunt Hon. Uche Nnaji.

The Ohanaeze Youth Council(OYC) warned Governor Peter Mbah to concentrate on fulfilling his unfulfilled campaign promises to Enugu State rather than chasing Hon Uche Nnaji through the Independent Corrupt Practices and Other Related Offences Commission (ICPC)

Continue Reading

News

Governor Mbah’s Compassionate Gesture Brings Relief to Enugu Fire Victims

Published

on

Families displaced by the recent fire outbreak in the Asata area of Enugu have received immediate relief from the Enugu State Government following the intervention of Governor Peter Mbah, who directed that palliative support be provided to ease their suffering.
Chairman of the Enugu State Emergency Management Agency (ESEMA), Chinasa Mbah, disclosed that the agency promptly delivered the relief materials in compliance with the governor’s directive.
“We have given them some palliative as directed by His Excellency. Our report has equally gone in, and we await further instructions,” Mbah said.
She explained that ESEMA has completed its assessment of the incident and submitted its recommendations to the state government, adding that additional assistance for the affected families will depend on the governor’s approval of the agency’s report.
The swift response underscores Governor Mbah’s commitment to standing with citizens in times of distress. The victims, whose homes and belongings were destroyed in the fire that gutted two flats in a two-storey building on Church Road, Asata, are expected to receive further support as the government considers ESEMA’s recommendations.

Continue Reading

News

Questions Persist As Almajiri Commissions Attempts to Defend Projects Outside Its Mandate

Published

on

The National Commission for Almajiri and Out-of-School Children’s Education (NCAOOSCE) has defended the inclusion of projects outside its statutory mandate in the 2026 budget, insisting they are National Assembly constituency projects assigned to the commission for implementation.
However, the explanation has done little to quell public scrutiny, with critics questioning why a commission established to tackle the Almajiri system and out-of-school children—challenges largely concentrated in Northern Nigeria—is overseeing projects reportedly located in parts of the South-West.
The controversy has also been fuelled by concerns over the scale of the allocations, as the value of the disputed constituency projects is said to far exceed the funds earmarked for the commission’s core education programmes.
Responding to the criticism in a statement issued on Monday, the commission’s Special Assistant on Media and Communications, Nura Muhammad, said the projects were included in the 2026 Appropriation Act under the long-standing practice of assigning constituency projects to Ministries, Departments and Agencies (MDAs) for execution.
According to the commission, once such projects are approved in the federal budget and allocated to an agency, they become part of its implementation responsibilities.
“As part of a duly enacted federal budget, every project assigned to the commission forms part of its implementation responsibilities and will be executed in strict compliance with extant laws, financial regulations and due procurement processes,” the statement said.
NCAOOSCE maintained that the inclusion of the projects does not alter its statutory mandate, stressing that it remains focused on addressing the Almajiri system and reducing the number of out-of-school children across Nigeria.
The commission cited its achievements, including the profiling of more than 700,000 out-of-school children, the establishment of 119 learning centres, ward-to-ward advocacy campaigns, and the implementation of the National Policy on Almajiri Education, as evidence of its commitment to its core responsibilities.
This version attributes the concerns to critics and public scrutiny rather than stating them as established facts.

Continue Reading

News

Police Inspector Dies in Alleged Police Convoy Accident in Enugu

Published

on

A Police Inspector, Dr. Obodo Paul Ikechukwu, has reportedly died after he was involved in a fatal road accident allegedly involving a police convoy in Enugu State.

The deceased, who hailed from Nkpologu in Enugu State, was serving in the Operations Department of the Enugu State Police Headquarters at the time of the incident.

Details surrounding the circumstances of the accident remain unclear, but sources said the inspector was fatally injured after being struck by a vehicle in a police convoy.

Dr. Obodo, who was also a PhD holder, was described by colleagues and associates as a dedicated officer whose death has come as a shock to members of the police command and his community.

As of the time of filing this report, the Enugu State Police Command had not issued an official statement on the incident, while further details are being awaited.

Continue Reading

News

Mbaka Offers Prayers, Endorses Mbah’s Leadership Ahead of Election (See Video)

Published

on

The Spiritual Director of the Adoration Ministry Enugu, , has offered prayers for , praying for God’s favour, protection, and victory as the state approaches the coming elections.

Speaking during a church gathering, Mbaka declared that Governor Mbah would succeed, expressing confidence that God, whom he said had begun a great work through the governor, would bring it to completion.

“It shall be well with Peter Mbah; may the favour of God be with him. We back him with our prayers. The Adoration family throws our prayers around him, that he will succeed, in the name of Jesus. May God grant him the power of victory at the end of the whole election,” Mbaka said.

The cleric further expressed hope that Mbah’s leadership would bring joy to the Igbo people, the people of Enugu State, and the Church, adding that the Igbo economy could witness greater advancement under his administration.

According to Mbaka, the progress recorded so far gives hope that greater achievements lie ahead, stressing that God would perfect the work already begun.

His remarks come as political activities continue to gather momentum ahead of the forthcoming elections.

Continue Reading
Advertisement

Trending