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De Rovans Hotel Ibadan not sold — Late Aiyegbeni’s family

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De Rovans Hotel Ibadan not sold — Late Aiyegbeni’s family

The family of late Ibadan-based businessman, Chief Francis Aiyegbeni, says it has not sold the popular Wallan hotel formerly known as D’Rovans.

Ms Edna Aiyegbeni, daughter of the late businessman, who spoke on behalf of the family, made the disclosure during a news conference in Ibadan.

Nationaltrail reports that Aiyegbeni had reacted to a report credited to a magazine, that the popular hotel in Ibadan has been sold to a businessman.

Nationaltrail recalls the hotel was sealed many years ago by the Assets Management Company of Nigeria (AMCON) over indebtedness.

But the late businessman’s daughter described the report as false, saying the hotel has not been sold and the family has paid significant part of the debt owed.

She said that a negotiation was ongoing with Edge Executive Limited towards re-positioning the property to functional taste.

“I wish to state categorically that the report published by a magazine that the hotel has been sold to an Eruwa-born businessman is not true.

“We have an arrangement with Edge Executive Nigeria Limited to buy the building at the back of the hotel, which is one of the three phases of the hotel. This process is on and money is yet to exchange hands.

“We are also talking to the company on the management of the two other phases as a form of concessionaire.

“Talk on this is still ongoing too with the company,” she said.

According to her, the impasse between the family and AMCON has been resolved, having paid significant part of the loan owed by the hotel from the sale of a family property in Iyaganku GRA, Ibadan.

According to her, “What happened on the AMCON issue is very ridiculous. It is due to the family’s carelessness or my Dad’s failure to handover properly to the management.

“The amount actually taken from the bank was like N20 million but increased to over a N100 million due to lack of attention on the family’s part.

“The family’s property in Iyaganku, GRA has been sold to offset part of the loan. So, the amount owed has gone down significantly, ” she said.

Aiyegbeni said that the new management would take over the hotel assets and liabilities, saying the new management would offset the remaining part of the loan on agreed terms with AMCON.

She said that the ongoing arrangement would definitely bring relief to the family and save the heritage from extinction.
Aiyegbeni expressed confidence that the consultant expected to take over after conclusion of ongoing negotiation, would deploy professionalism in the management of the hotel.

Similarly, Mr Sikiru Akinniran, Managing Director, Edge Executive Limited, corroborated Aiyegbeni’s claims, saying the company was set to take over the management of the hotel.

“Our company is set to buy only a phase of the hotel which has 42 rooms and some other facilities.

“We are also negotiating on taking over management of the remaining two phases, on concessionaire basis,’’ he said.

He affirmed that the impasse between the family and AMCON has been resolved, saying the family has paid significant part of the debt.

Akinniran said that his company would offset the remaining debt to AMCON, as agreed when they take over management of the property.

He said that an effort was underway to bring the hotel back to functional state with first class services, promising the efforts would not be later that July.

Akinniran, however, said that the name of the hotel would be changed to ‘De Rovans’ towards bringing back the nomenclature of the hotel’s good old days.

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Security Agencies Uncover Plot to Stage Protest Against President Tinubu, NSA Ribadu

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Nigeria’s security agencies have reportedly uncovered a plan by some opposition politicians to organise protests in Sokoto and other northern states against President Bola Tinubu and National Security Adviser Nuhu Ribadu.

Fresh intelligence reports made available to journalists on Friday show that former Senator Kabiru Marafa is the main arrowhead of the plot.

The group is allegedly working to discredit NSA Nuhu Ribadu and the Minister of State for Defence, Bello Matawalle, by falsely linking them to bandit groups and using a Sokoto-based militia to trigger violent protests.

Sources say the Zamfara State Government, led by Governor Dauda Lawal, is strongly backing the plan and providing funding, determined to paint the federal security team as incompetent and force the removal of both Ribadu and Matawalle.

Security operatives detected the scheme this week, monitored several planning meetings in Gusau and Abuja, blocked funding channels, and quietly disrupted the operation.

No arrests have been made, but all the key figures are now under close surveillance.

The key figures are now being monitored by security agencies to track their key sources of funding.

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CCSO Breaks Silence, Says Allegations Were Fabricated And Unjust

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… withdraw petition of alleged corruption

No fewer than 17 Civil Society Organizations, CSOs, Tuesday, withdrew allegations and begged the Director General, DG, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun.

The CSOs had earlier leveled allegations of financial impropriety, abuse of office, and monetization of Certificates of No Objection against Adedokun, and the Chief of Staff, Mr. Olanrewaju Obasa, which was circulated on different conventional and online media platforms.

Also they had mobilized to hit the streets in regards to the false allegations they had earlier raised against the DG and Obasa, the Chief of Staff scheduled for this week Friday 5th December at the BPP headquarters in Abuja and the National Assembly.

The CSOs had their leaders signed the statement include: Comrade Ibrahim Bello – National Coordinator, Centre for Fiscal Transparency and Public Integrity (CFTPI); Hajiya Fatima Sani – Executive Director, Citizens Watch for Good Governance (CWGG); Barr. Chukwudi Eze – Chairman, Accountability and Democratic Values Initiative (ADVI); Dr. Mrs. Ngozi Okeke – President, Nigerian Coalition Against Corruption and Waste (NCACW); Pastor Emmanuel Adebayo – General Secretary, Voice of Conscience Foundation (VOCF); Mr. Tunde Ogunleye – National Convener, Integrity Monitors Network (IMN); Ms. Chioma Nwosu – Chairperson, Patriots for Transparent Procurement (PTP); Comrade Aisha Yusuf – National Secretary, Civil Liberties and Anti-Corruption Movement (CLACOM).

Others are, Engr. Musa Abdullahi – Director of Programmes, Due Process Advocacy Network (DPAN); Prof. Grace Adeyemi – Board Chair, National Alliance for Ethical Leadership (NAEL); Mr. Segun Olawale – Spokesperson, Citizens Coalition for Open Governance (CCOG); Barr. (Mrs.) Funmi Adewole – Legal Adviser, Justice and Accountability Project (JAP); Alhaji Usman Danladi – Northern Coordinator, Nigerian Integrity and Development Forum (NIDF); Rev. Fr. Joseph Okon – South-South Zonal Chairman, Public Funds Protection Movement (PFPM); Ms. Bolanle Adeoti – Women Leader, Transparency and Responsibility Advocates (TRA); Elder Peter Okonkwo – South-East Coordinator, Good Governance Monitors Assembly (GGMA); and Mallam Bello Yakubu – North-West Chairman, Anti-Corruption Crusaders Network (ACCN).

The statement reads in part, “Today, the leadership of the Coalition of Civil Society Organizations (CCSO) – a platform of over seventeen (17) registered and reputable civil society groups across Nigeria – addresses the nation on a matter of principle, accountability, and national interest.

“In the past week, allegations of financial impropriety, abuse of office, and monetization of Certificates of No Objection were levelled against the Director General of the Bureau of Public Procurement (BPP), Dr. Adebowale Adedokun, and the Chief of Staff, Mr. Olanrewaju Obasa. Some member organizations of CCSO, acting on reports circulating in the media and online, issued statements and began mobilizing for a national rally scheduled for Friday, 5th December 2025, at the BPP headquarters and the National Assembly.

“Following an emergency joint meeting of all seventeen member organizations, a thorough review of official records, and direct engagement with verifiable evidence provided by the Bureau, we have reached a unanimous resolution that the allegations are entirely false, baseless, and deliberately fabricated by interests opposed to the far-reaching reforms currently underway at the BPP.

“On behalf of the entire Coalition and its over seventeen member organizations, we hereby: “Unreservedly withdraw every statement, press release, social media post, or public comment issued by CCSO or any of its affiliates that implicated Dr. Adebowale Adedokun and Mr. Olanrewaju Obasa in any wrongdoing.

“Tender an unreserved and sincere public apology to: Dr. Adebowale Adedokun, Director General of the Bureau of Public Procurement; Mr. Olanrewaju Obasa, Chief of Staff; The management and staff of the BPP;

“The Honourable Minister of Finance and Coordinating Minister of the Economy; and the Federal Government of Nigeria for the distress, embarrassment, and reputational harm caused by our earlier position.”

Meanwhile, they also unanimously passed vote of confidence on the leadership of DG BPP, Dr Adedokun.

“We pass a unanimous and resounding vote of confidence in the leadership of Dr. Adebowale Adedokun. Under his stewardship, the BPP has recorded historic achievements that deserve national commendation, including:

“Blocking financial leakages through rigorous due process enforcement; Establishing the Price Intelligence Unit, Procurement Surveillance and Audit Unit, and Monitoring and Evaluation Unit; Championing the Nigeria First Policy and Affirmative Procurement;

“Deepening participation of women, youth, and Small and Medium Enterprises in federal contracts; Advancing a contractor classification and rating system set for full rollout by January 2026 – a game-changer that will end the era of awarding multibillion-naira projects to incompetent contractors.”

Also they “Officially and irrevocably cancel the planned rally of Friday, 5th December 2025. All state chapters, zonal coordinators, and partner networks are directed to stand down immediately.

“The CCSO remains irrevocably committed to the fight against corruption wherever it exists. But we are equally committed to truth, fairness, and justice. When evidence shows that a public official is not the problem but part of the solution, it is our duty to acknowledge it publicly and without hesitation. That is what we have done today.

“We urge the media, online platforms, and all Nigerians who helped amplify the false narrative to demonstrate the same courage by retracting their reports and issuing corrections.

“We commend Dr. Adebowale Adedokun and the BPP for their transparency and willingness to be held accountable – qualities that true reformers embody.”

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Nestoil: Police refuse Bailiffs access to Nestoil premises as Lagos CP’s illegalities escalate

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Concerns have been raised over the handling of police operations connected to the ongoing legal dispute involving Nestoil Group and FBNQuest, with critics warning that recent actions by the Lagos State Police Command could undermine public confidence in the Nigeria Police Force and the administration of President Bola Tinubu.

It was indicate that court bailiffs who visited the Lagos premises of Nestoil Group on Tuesday morning to serve an order issued by Justice R.N. Ofili Ajumogobia were denied access by armed police officers stationed at the location. The officers were said to have insisted that no court official would be allowed into the building without clearance from the Lagos State Commissioner of Police, CP Jimoh Moshood.

Sources familiar with the case allege that the police deployment contradicts interim orders issued by the Federal High Court in Abuja regarding the disputed property, which is claimed by Drawcok Estates Ltd. According to court documents, Drawcok Estates Ltd—represented by senior advocates Kehinde Ogunwumiu, SAN, and Ademola Abimbola, SAN—requested judicial protection over the properties located at 4 Nyasa Close, Maitama, Abuja, and 41/42 Akin Adesola Street, Victoria Island, Lagos.

In a ruling delivered on 24 November 2025 in Suit No. FHC/ABJ/CS/2385/2025, Justice Ofili Ajumogobia affirmed the applicant’s right to possess the properties and held that their previous sealing by security operatives amounted to an infringement of property rights guaranteed under the 1999 Constitution and the African Charter on Human and Peoples’ Rights.

The judge ordered the respondents—including the Nigerian Police Force and the Inspector-General of Police—to vacate the properties and provide security to enable Drawcok Estates Ltd to regain possession. The court further restrained the respondents from denying the applicant access to the premises or engaging in acts that could constitute harassment.

Despite the court’s pronouncements, stakeholders allege that a significant number of police officers remain attached to Mr. Sulu Gambari, who has described himself as a receiver-manager appointed in a related matter previously handled by Justice Isaac Dipeolu. Critics argue that continued police protection for Gambari contradicts the recent directive by the Federal Government mandating the withdrawal of police escorts from private citizens and VIPs, except under approved circumstances.

Questions have also been raised about the legality of the police presence at the Nestoil Tower property, which Drawcok Estates Ltd claims to have owned since 2012 based on documentation reportedly filed with the Lagos State Land Registry.

Observers note that it previously took several days for the police to comply with an order vacating Gambari’s earlier appointment, raising further concerns about adherence to judicial directives.

As at the time of filing this report, the Lagos State Police Command had not issued an official response to the allegations or provided clarification regarding the deployment of officers to the disputed premises.

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