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*Analyst Hails Ikeja Electric Rising Profile In Nigeria’s Energy Sector Says, ‘NGBF Tirade Utterly Shameless, Nauseating’*
By Emmanuel Ajibulu
Convener of ‘Truth is Sacrosant’ and public affairs analyst, Comrade Emmanuel Ajibulu has called on those he described as detractors to stop their infantile, jaundiced and baseless attacks on Ikeja Electric Plc, it’s esteemed Chairman and directors, adding that the malicious aim of destroying the brand’s towering profile had failed woefully.
He urged the Chairman of Ikeja Electric, Dr Kola Adesina, the CEO, Mrs Folake Soetan and others in the reputable company, to remain unperturbed, continue their good works to humanity, and to ignore the ‘bad belle’ distractions despite all efforts to discredit and undermine their remarkable feats in the country’s energy sector.
With a specific response to a faceless group known as Nigerian Global Business Forum, (NGBF) which claimed to be a new association of Nigerian Professionals whose business was to engage in smear campaign against established institutions and organisations, building false narratives around and misinforming the public for pecuniary gains.
Ajibulu who is also a media personality in a statement he personally signed on Thursday and made available to newsmen advised members of the public to treat with contempt and disdain all lies, innuendos, deceptions and other defamatory and snide remarks against Ikeja Electric and it’s key stakeholders by NGBF.
The statement credited to the publisher of Veracity Desk reads in part:
“Contrary to NGBF claims, Ikeja Electric Plc is Nigeria’s leading electricity distribution company known for integrity, sustainable development and accelerated network upgrades that is patriotically aimed at providing efficient service delivery to her customers. The company’s unalloyed commitments over the years have been adjudged to be excellent by industry’s regulators, customers and other critical stakeholders in the country’s energy value chain.
“Empirical facts further show that Ikeja Electric has consistent record of electricity supply to homes and businesses across her coverage areas while also going extra miles to mitigate challenges that could disrupt her customers’ satisfaction. Despite the increasing rate of vandalism which poses a great threat to the efforts being made to ensure customers get quality and regular power supply, the company is never deterred in achieving her statutory goals and objectives. The company’s sustained collaboration of critical stakeholders such as community leaders, law enforcement/security agencies etc, have incredibly helped to curb vandalism and other violent attacks on her critical assets and infrastructures.
“Ikeja Electric has a penchant for not resting on her oars, rather it has redoubled her zeal in making substantial investments, expansion of her infrastructures in the power sector to ensure customers enjoy improved power supply across her locations, the company is responsive and has various channels for two-way communication. This excellence is what distinguishes her from others”
“Impressively, Ikeja Electric partnered not with generalists but with specialists, experts whose very livelihood depended on smoothly running operations. From technology suppliers to engineering consultants, each brought focused expertise. The company’s team also realised something profound. For them at the company, risk diminishes dramatically when partners have as much skin in the game as they do. In short, operational risks were mitigated by ensuring everyone involved was equally motivated to succeed—an elegant yet deceptively simple approach.
“This embrace of uncertainty is not reckless bravado; it’s strategic audacity, informed by careful calculation. Indeed, one could argue that the highest form of risk management is precisely this: the sophisticated recognition that risks are not to be feared, but understood, managed, and skilfully navigated. It’s a perspective that transforms the game entirely, shifting the strategic focus from defensive caution to proactive ambition. Moreover, timing—often regarded as mere luck—was carefully calibrated by Ikeja Electric, creating a strategic advantage from external adversity. This delicate balance between agility and stability—between responsiveness and robustness—is a hallmark of advanced risk navigation, a trait more commonly associated with the delicate manoeuvres of diplomacy than industrial enterprise.
“If there’s a single insight to take away from Ikeja Electric’s success story, it is the company’s ability to navigate risk and attaining uncommon milestones.
“Reputational damage is indeed considered a serious crime, as it has profound effects on an individual’s or organization’s standing in society. The legal framework surrounding reputational harm, particularly through defamation, emphasizes serious consequences and penalties, I therefore hope Nigerian Global Business Forum, (NGBF) is prepared for their worse days ahead. Nigeria is governed by law and order therefore the law will surely take it course, people must learn to be decorous, civil and limit their comments within the ambit of facts and not spill their guts within the realm of delusional sentiments as exhibited by NGBF and their pay masters.
“I urge the Chairman of Ikeja Electric, Dr Kola Adesina, the CEO of Mrs Folake Soetan and others in the reputable company, to remain focused, to continue the good work, and to ignore the ‘bad belle’ distractions despite all efforts to discredit and undermine their remarkable feats in the country’s energy sector,” Ajibulu wrote.
An Ikeja Special Offences Court has scheduled May 4, 2026, to deliver its ruling on whether an extra-judicial statement made by co-defendant Henry Omoile will be admitted as evidence in the ongoing trial involving former Godwin Emefiele.
The statement in question was allegedly made by Omoile, who is standing trial alongside Emefiele. Presiding judge, Justice Rahman Oshodi, fixed the date after both the prosecution and defence teams adopted their final written addresses during a trial-within-trial session.
The hearing is focused on determining whether Omoile’s statement was given voluntarily and is therefore admissible in court.
Emefiele is facing a 19-count charge bordering on alleged gratification, corrupt practices, and abuse of office, involving transactions estimated at $4.5 billion and ₦2.8 billion.
Omoile, meanwhile, is standing trial on a three-count charge relating to alleged unlawful acceptance of gifts connected to dealings with the Central Bank of Nigeria.
Counsel to Omoile, Senior Advocate of Nigeria Adeyinka Kotoye, argued that the statement should be rejected on the grounds that it was not voluntarily made. He cited provisions of the Administration of Criminal Justice Act, stressing the importance of video-recorded interrogations to ensure transparency.
The defence also raised concerns over possible coercion, inducement, and lack of proper legal representation during the recording of the statement.
Similarly, counsel to Emefiele, Olalekan Ojo (SAN), urged the court to discountenance the statement, arguing under the Evidence Act that any involuntary confession is inadmissible.
However, Director of Public Prosecutions, Rotimi Oyedepo (SAN), maintained that the statement was properly obtained in line with legal procedures, adding that although it was not video-recorded, it was made in the presence of Omoile’s lawyer.
He further argued that the contents of the statement do not support claims of coercion, noting that Omoile did not implicate Emefiele and denied the allegations against himself.
After hearing all submissions, Justice Oshodi adjourned the matter for ruling on May 4, 2026, while also fixing June 26 and June 30, 2026, for continuation of the substantive trial.
Nine kingmakers of Ijebu-Ode have been re-invited by the Ogun State Police Command to appear at the command headquarters in Eleweran, Abeokuta, next Monday and Tuesday over fresh allegations of bribery and financial inducement in the selection of the new Awujale and paramount ruler of Ijebuland.
The development marks the second time the kingmakers are being summoned by the police on the matter.
Recall that the Ogun State Government, in January 2026, suspended the selection process through a statement signed by the Commissioner for Local Government and Chieftaincy Affairs, Hon. Ganiyu Hamzat.
The suspension followed petitions from security agencies and other stakeholders.
The kingmakers were first invited by the Ogun State Police Command in February over similar accusations of cash inducement. However, the probe was later dropped following the intervention of superior authorities.
In the latest development, the nine kingmakers have been re-invited through a letter dated April 17, 2026, signed by Gbenga Adeoye, Deputy Commissioner of Police in charge of the State Criminal Investigation Department (SCID).
One of the kingmakers, the Kakanfo of Ijebuland, Chief Abimbola Okenla, confirmed the invitation.
He disclosed that four of them are expected to appear on Monday, April 21, 2026, while the remaining five are scheduled for Tuesday, April 22, 2026.
Chief Okenla described the repeated invitations as a distraction, insisting that the allegations are unfounded.
“It’s true that the Ogun State Police Command has invited the kingmakers to the command’s headquarters in Abeokuta.
Four of us are to be there on Monday while the remaining five will be there on Tuesday,” he said.
“None of us is happy with this frequent invitation by the security agencies over unfounded allegations. The people of Ijebuland are equally not happy about it because it is becoming more of a distraction.”
The Kakanfo appealed to Governor Dapo Abiodun to allow the kingmakers to conclude the selection process without further delay.
“We are only pleading with Governor Dapo Abiodun to allow the kingmakers to do their job and complete the assignment of picking the next Awujale of Ijebuland without any further delay,” he added.
Parts of the police invitation letter read:
“In continuation of the aforementioned case under investigation, you are kindly requested to report at the State Criminal Investigation Department, Eleweran, Abeokuta, Ogun State, on [Monday/Tuesday] April 21/22, 2026 at 1000hrs for an interview with the Commissioner of Police, through the Deputy Commissioner of Police, State Criminal Investigation Department.
“This is a fact-finding invitation pursuant to the investigative powers conferred on the Nigeria Police by the combined provisions of Section 214 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) and Section 4(a) of the Police Act 2020.
“Your presence is therefore required to assist in advancing the course of criminal justice delivery and fairness. Should you require any clarification, kindly contact 08038455857. Please take note that you are at liberty to come along with your lawyer.”
Nigerian-American singer, David Adedeji Adeleke popularly known as Davido has commended Nigerian businessman Aliko Mohammed Dangote for his style of living.
According to him, the owner of Dangote cement is a different kind of billionaire.
He said unlike other billionaires who always buy luxury cars and show off, Mr. Aliko buys two cars every 8 years.
Speaking in an interview, Davido stated that the businessman always tells him to save his money.
“Uncle Aliko is a different kind of a billionaire, Uncle Aliko buys like two cars every 8 years. He is different ” Davido said.
“Anytime he sees me he just says one thing, save your money. There is nothing more he tells me than save your money.” He added.
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