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Ifeanyi Ubah, Jimoh Ibrahim, Wale Babalakin Top Debtor’s List (see full list here)

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The Asset Management Corporation of Nigeria (AMCON) has published the details  of all erring debtors that have failed and or refused to reach settlement resolution with the Corporation.

Below is the list of the top 105 AMCON debtors:

S/N Obligor Name Main Promoter(s)
1 Capital Oil & Gas Industries Limited Ifeanyi Ubah(N115,952,152,265)
2 NICON Investments Limited Jimoh Ibrahim(N59,544,633,980.31)
3 Bi-Courtney Limited (MMA2) Wale Babalakin (SAN)(N40,798,422,374.02)
4 Josepdam & Sons Limited Late Mrs. Josephine Damilola KuteyiSaheed KuteyiGaniyu Kuteyi

(N39,056,674,951.55)

5 Tinapa Business Resort Cross River State Government(N36,006,319,844.68)
6 Home Trust Savings Chukwukadibia AjaegbuFunmu Ademosun(N30,626,243,344.71)
7 Geometric Power Limited Prof. Barth NnajiNnaji AgathaObibuaru Eluma

Anike Paul

Nwobodo Benjamin Chukwuemeka

Dozie Chijioke

Akpe Austine

Nnaji Okechukwu

UBA Trustees Limited

Kunoch Limited

Diamond Capital & Financial Market Limited

(N29,844,500,896.77)

8 Roygate Properties Limited Wale Babalakin (SAN)Agumadu JohnAlarape Olabode

Okhaleke Ndudi

(N28,137,176,532.32)

9 Shell Development Petroleum Company – West Multipurpose Co-operative Society Limited (SPDC) Shell Staff, represented by Ikponmwosa Ogbemudia(N26,474,541,188.17)
10 Anyiam Osigwe Limited Anyiam-Osigwe Dorothy Chinyere(N20,523,322,350.29)
11 Platinum Capital Obire RichardFrancis Atuche(N20,378,820,507.19)
12 Flotsome Investment Limited Oboden IbruTejiro Ibru(N20,218,703,550.96)
13 Lonestar Drilling Late Chief IdisiMargaret Idisi(N20,207,979,803.22)
14 Petrologistics Limited Ugoji Egbujo(N19,576,962,565.35)
15 Lorna Global Resources H.E. Chimaroke Nnamami(N18,919,109,352.85)
16 Hosanna Properties Limited Anionye ChikaObi Ike C.(N18,059,895,396.27)
17 Minaj Holdings Limited Ajegbo Mike NnayeluchudihuLuke Chidi ChudihuiloguMiller Gregrey

Ethridge Kyle

Attueyi Joe

Oladele Afolabi

Okpere Kisito

Kokoricha Paul

(N17,306,900,257.66)

18 Afrijet Airlines Limited Inoelle Willam BarryCarr Collin(N13,122,022,439.57)
19 Petroleum Brokers Limited Wilcox Awopuolagha(N13,076,314,937.26)
20 Hotel De Island; Kasmal Properties; Island Autos & Nacoil Kashamu Prince Buruji(N13,015,595,907.67)
21 Zarm Stores Limited Gbadamosi Muftau, The Olofa of OffaN12,410,560,226.18
22 Tak Continental Limited Thomas Akoh Etuh(N11,585,755,562.89)
23 Netlink Digital Television Fashewe OyewoleVarderpuije Ahmed(N11,550,782,130.79)
24 Mobil Workers (EKET) Multipurpose Cooperative Society Mobil Workers, represented by Okeke Eze (legal practitioner)(N11,504,121,133.06)
25 DWC Drilling Limited Etheridge KyleJohn Ayeke(N11,363,388,024.05)
26 Sammy Beth Interbiz Limited H.E. Chimaroke Nnamani(N11,017,336,899.00)
27 Ferdinand Oil Mills Chief Ferdinand Anyaoha Anghara(N10,855,175,005.53)
28 Octopus Trust Nigeria Limited Erastus AkingbolaN10,175,717,163.07
29 Avian Spec Femi JamesFunmi AyorindeN7,619,760.034.02
30 Brooke Investments Limited Chief S.I. AdegbiteAdegbite Adewale MichaelAdegbite Ademola Olumide

Sofela Michael Olufemi

N7,341,118,227.21

31 Resource Intermediaries Limited Soji Oyawoye (MD/CEO)Ebun BamigboyeWeyinmi Jemide

Ido Ohiwere

7,282,308,754.08

32 Jummai Mahmud Senator Joshua DariyeN6,823,110,429.13
33 Genprogetti Nigeria Limited Nnamdi O. OkoyeCharles UmeadiN6,637,593,140.34
34 Ray Gold Silver Plus Limited Oboden IbruTejiro Ibru6,392,813,914.61
35 Camden Resources Limited H.E. Chimaroke NnamaniN5,875,022,498.73
36 Riverside Logistics Limited H.E. Chimaroke NnamaniN5,874,161,281.46
37 Robo Michael Limited Kassabali Samir IbrahimEgirani AroboEgirani Olotu

N5,837,512,139.51

38 Lexcap Partners Albert OkumagbaChibundu EdozieN5,696,111,908.02
39 Osigwe Foods & Agro Industries Moh’d Anselm KayodeRaji A. UsmanN5,648,190,385.41
40 Rangk Limited Kanu Godwin NdubuisiN5,390,589,104.93
41 Afro-Arab Investment Limited Baba-Ahmed MoufitahBaba-Ahmed Muna BeitahN5,340,204,984.21
42 Dormanlong Engineering Limited Austen PetersN4,700,000,000.00
43 Abasa Nigeria Enterprises Limited NPK1 A Ezuma Innocent OzoemenaN4,666,999,131.41
44 Lawal Obelawo Plastics Industries Limited (LOPIN) Prince Lawal Olaosebikan YesufuRamota LawalN4,361,717,794.63
45 Eres N V (Nig.) Limited Chief Pius AkinyelureN4,171,546,113.09
46 Al-Kahf Motorcycle Company Limited Shehu BadamasiSafiya M. BadamasiN4,067,369,214.72
47 Madunka Motorcycle Company Limited Abdullahi A. HaidoZainab A. HaidoN3,561,115,889.09
48 Terminal Zero Obadina GbengaNiyi OyedeleN3,318,675,426.60
49 Ocean Deep Properties Limited Ray Nduka J. OkpuRay Ufoma OkpuN3,075,367,362.75
50 Claremount Management Limited Okobi Paul UcheAkpan PatrickN2,944,490,078,53
51 Ena-Bell Limited Ojo Osamuede BelleOjo Osamuede EnahoroN2,910,142,971.76
52 Omega Sunshine Ventures Limited Segun AgbetuyiTolulope O. FadahunsiN2,763,085,587.14
53 Tuns Farm Nigeria Limited Olatunde Adekunle BadmusJoseph ZopyN2,738,973,788.06
54 Nakem Oil & Gas Company Limited Alebe Nathaniel UzeziAlebe O. GiftN2,718,933,557.79
55 Hyacinnth U.F. Enuha Hyacinth Uzu-Fela EnuhaN2,710,078,325.77
56 Ray Okpu Ray OkpuN2,673,346,469.66
57 Bao Yao Future Lex Garba Idris AbubakarYaozhang ShenN2,669,859,056.59
58 Aquitane Oil and Gas Limited Ikechukwu OkoloN2,640,490,132.20
59 Waziri B. Mustapha Alhaji Waziri B. MustaphaN2,612,458,766.09
60 Riggs Securities Limited Yomi TokosiTokosi TokumboFrederick Fasheun

Ralph Obiha

Awosika Kola

N2,601,085,572.34

61 Likam Nigeria Limited Alhaji Ibrahim HamzaYashuwah HamzaN2,525,755,239.96
62 Safe Nigeria Limited Itohan Ogieva-OmosighoOsa Ogieva-OmosighoN2,369,063,554.93
63 Woksons International Limited Chief William OkiOke E. CynthiaN2,326,577,517.14
64 Travaux Investments Limited Lambo JumokeOgutuga KemiSheri William

Folarin Rotimi Williams

N2,303,470,835.43

65 Omega Savings and Loans Agbetuyi SegunAdeniyi A. AdeuyiwaN2,283,749,521.09
66 Bellview Airlines Limited Kayode OdukoyaAVM Emmanuel Ombu (Rtd)N2,258,232,021.87
67 Sage Int. Nig. Limited Atikoro UyovbukerhiMaureen UyovbukerhiN2,241,719,528.00
68 Van Vliet Trucks Limited Nol Van VlietAdetunmbi DayoKome Agodo

N2,136,216,694.00

69 Baba Haruna Ibrahim Baba Hruna Ibrahim2,076,544,891.02
70 Abbey Lincoln Limited Awoleye T. AbisodunFrancis T. AbisodunN2,065,489,600.50
71 Shell Staff West Shell Staff, represented by Ikponmwosa OgiemudaN2,004,956,109.70
72 U.L.O. Consult, Ogbeogonogo Chief Uche Luke OkpunoN1,984,819,888.82
73 Variations Industries Limited Nwazulu Prince DennisNwazulu ProtusN1,969,012,064.04
74 Tuns Holdings Limited Olatunde Adekunle BadmusJoseph ZopyN1,965,039,873.11
75 Shelter Development Bayero Usman Ja’afaruIbrahim Isa WadaN1,875,156,385.12
76 Lynq Communications Joe Obiora UdeagbalaSylvia UdeagbalaN1,847,974,990.21
77 Petlib Envi-Chem Ser Ibiam EleanyaEEkwo Eteakamba EdemN1,706,415,936,54
78 Amsalco Ind. Limited Aminu SalehBashir Aminu SalehN1,646,184,931.54
79 Aminu Saleh Alhaji Aminu Saleh AlhajiN1,630,812,798.76
80 Chevron Oil Staff Multipurpose Cooperative Chevron StaffN1,595,966,334.11
81 Micro Products Int’l Nig. Limited Chris AnugwoluN1,568,839,810.06
82 The Franklin Hotel & Suites Frank OmosigoN1,566,984,396.77
83 Titanium Oil and Energy Limited Acholonu PatrickEkezie Chief RalphN1,564,295,090.70
84 Alcomp Computers Limited Engineer Emeka Vitus EzenwanneGloria Uzoamaka EzenwanneN1,559,711,000.55
85 Tina Stores Limited Matthew NmeziClementina NmeziN1,558,068,328.38
86 Shemofeyo Ventures Limited Sheba A. Acholonu PatrickModupe Olorunfemi1,549,586,200.57
87 Westoil Petroleum Services Limited Bidemi H. FahnHamdalat AjayiOmotayo Fahn

N1,540,787,598.44

88 Ohzed Oil and Gas Company Limited Stella O. DikeEngr Matthew A. Dike1,516,937,763.45
89 KDC Construction Limited Alh Waziri B. MustaphaN1,480,572,356.42
90 Deep Sea Oil Gas Limited Itelima Steve YeowumaItelima Patricia YeowumaN1,386,834,554.36
91 Ascot Fabricators and Constr. Limited Henry E. ImasekhaJoey Chuma ObueN1,374,274,319.42
92 I.C.M.G. Limited Mike OsimeN1,339,507,291.77
93 Huf Engineering Nigeria Limited Enuha Hyacinth Uzu FelaEnuha CarolN1,288,402,095.13
94 Integral Petrochemicals Limited Oludare O. OlagokeAdeyemi Y. OlagokeN1,269,386,433.60
95 Unicorn Place Leisure Services Limited Ike NwabuokuN1,256,178,425.11
96 Ibika Investment & Property Limited Fashina Kofoworola OlakunleFashina Mabayomije OmololuN1,230,763,959.94
97 Assorted Foods & Beverages Ifabiyi AdemolaIfabiyi EyitopeIfabiyi Toyin

N1,185,194,335.36

98 Al-Fil Petroleum Company Limited Alao IdrisAlao AbdullatifN1,151,788,405.05
99 Primeview Investment and Property Gabriel OreneEsule GeorgeN1,119,804,330.77
100 Merepainti Nigeria Limited/BPT Equipment Engr Mohammed Nura KhalilN987,172,183.55
101 Rainbownet Limited H.E. Chimaroke NnamaniN804,985,922.59
102 Paveblocks Nigeria Limited Alh Waziri B. MustaphaN633,128,165.50
103 Honourable Adetunji Adeniyi Honourable Adetunji AdeniyiN491,220,414.05
104 Engr. Sarki Labaran Engr. Sarki LabaranN471,402,281.70
105 Senator Usman Bayero Nafada Senator Usman Bayero Nafada

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Business

Tunde Ednut Earns $5,000 Per Day! -Report

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“Tunde Ednut earns $5,000 average per day, ISWIS made approx $200,000 from live events in one month” — Chude Jideonwo unveils creator economy data at Digital Creator Africa Summit
At the inaugural Digital Creator Africa Summit, media entrepreneur and #WithChude host Chude Jideonwo unveiled new data positioning the Nigerian creator economy as one of the most commercially powerful industries on the continent.
Highlighting explosive growth and overlooked business models, Jideonwo revealed that:
 • Tunde Ednut, the former musician turned Instagram media mogul, is estimated to earn over $5,000 a day through his platform — with a business model based on affiliate promotion, Instagram advertising, and music amplification.
 • The hit podcast “I Said What I Said” (ISWIS) reportedly made approximately $200,000 in gross revenue from live events alone in a single month, drawing thousands of fans across there US, the UK and Canada.
 • “What these numbers show,” Jideonwo said, “is that creators are no longer just influencers — they are media companies, and increasingly, nation-builders.”
The summit, held in Lagos and attended by creators, investors, and media leaders, was designed to shift the conversation from virality to value — reframing content creation as infrastructure, not just entertainment.
As part of his address, Jideonwo announced his $500,000 personal commitment to the FourthMainland Creator Fund — a catalytic investment vehicle to back high-potential African creators with funding, IP support, and platform distribution.
“We’re building the Mavin Records of storytelling,” he said. “Not just with fame, but with financial tools, ownership, and a full studio system that lets creators scale across the continent and diaspora.”
The Creator Fund is part of the broader FourthMainland ecosystem, a creator commerce platform set to launch in 2026. The platform will offer monetization tools, subscription infrastructure, and joint-IP models built around African content — positioning it as the first at-scale infrastructure for the continent’s growing $100B creator economy.
Jideonwo, whose ventures include Joy, Inc., #WithChude, and YNaija, closed with a call to funders and policymakers:
“If music had Mavin Records and tech had CcHub, then creators now have their studio systems — their Mavins — and they’re building billion-dollar value chains without waiting for permission.”
The keynote, titled “Overtaking is Allowed,” argued that Africa’s most important civic and cultural shifts today are being led by independent creators, and that media-tech infrastructure for creators is now one of the biggest opportunities for economic growth across the continent.
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What Ibadan Socialite, Fijabi’s Leak Audio Has Done To Minister Adelabu’s Guber Ambition

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Bayo Adelabu

 


A recent viral moment has unexpectedly stirred the political waters for Power Minister Adebayo Adelabu’s 2027 gubernatorial bid in Oyo State. Here’s how it unfolded—and the fallout that followed:

An audio featuring Ibadan socialite, Chief Akinade Fijabi and an unidentified young man surfaced online.

In the audio, Fijabi, an Ibadan high Chief and singer, Wasiu Ayinde’s closest ally bared his thoughts on political bearings in Oyo State and centred it round the Minister for Power, Adebayo Adelabu.

The audio quickly gained traction, sparking laughter and debate across social media platforms in Oyo and beyond.

The audio briefly overshadowed Adelabu’s image and critics seized the moment to question his ability, business sense and highlight potential vulnerabilities in managing grassroots affairs.

Even before the audio, Adelabu’s return to APC and flirtation with a 2027 run had unsettled internal party dynamics. The audio gave fuel to factions already uneasy about his rapid elevation and perceived attempt at imposition.

APC hardliners and youth groups, who’ve openly criticized the party’s handling of aspirants like Adelabu, echoed that the viral moment underscores deeper frustration about favoritism .

Adelabu’s allies are downplaying the audio, arguing that public interactions reflect openness and a grassroots presence and qualities essential for statewide appeal. They’ve also pointed to his achievements, including boosting national grid capacity, as evidence of credible leadership .

Fijabi in the audio also shed some lights based on what he termed ‘reliable information’ on Governor Makinde’s Presidential ambition, claiming it was a plot to collapse the PDP in Oyo State for President Tinubu with an agreement that the Governor would be granted the request to install a successor.

The clip audio shifted part of the conversation from Adelabu’s technocratic record to his public persona. Analysts say managing optics now matters more than ever for his brand.

 


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Ajimobi’s Eldest Child, Bisola Dies In The UK

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Late Governor Ajimobi’s first child, Bisola is dead!

 

News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.

 

The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.

 

Married to Kolapo Kola-Daisi, their marriage is blessed with three children.

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