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AMCON Seizes Oduah’s Assets over N20bn Debt .

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The Asset Management Corporation of Nigeria has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Senator Stella Oduah-Ogiemwonyi over a debt of about N20bn.AMCON said the takeover followed an injunction granted by Justice M.S. Hassan of the Federal High Court, Lagos, against the Sea Petroleum Oil & Gas Ltd.

The corporation, in a statement by its Head, Corporate Communications, Jude Nwauzor, on Friday said that Oduah-Ogiemwonyi had been having a running battle with AMCON over her “inability to settle her huge debt of nearly N20bn.”
The statement said that AMCON purchased the Eligible Bank Assets of Sea Petroleum & Gas from Union Bank Plc sometime in 2012.

It said that in spite of overtures and genuine efforts made by AMCON to reach an amicable settlement, the senator and her co-promoters had been uncooperative.

“Having xhausted all avenues of peaceful resolution of the humongous debt, AMCON had no other choice than to refer the matter to court,” the statement said.

It said that the order also affected the senator’s other business interests, for which AMCON had since appointed Moyosore Jubril Onigbanjo (SAN) as receiver over the assets of Oduah-Ogiemwonyi; Sea Petroleum Oil & Gas; Sea Petroleum and Gas FZE as well as Star Tourism and Hotels Ltd.

The statement said that the court also ordered the freezing of the funds of Sea Petroleum & Gas and its affiliated companies and principal promoters, held anywhere by any entity or persons in Nigeria.It also authorised AMCON and its receiver, Onigbanjo, to take over all assets pledged as collateral for the facility by Sea Petroleum Oil & Gas Ltd.

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My children are my pillar of Life – Nollywood Actress Bukky Wright opens up on struggles with depression

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Veteran Nollywood actress Bukky Wright has opened up on her challenges and struggles with depression and how she overcame them.

Bukky Wright, during a discussion with media personality and comedian Teju Baby Face on the Teju Baby Face show, spoke about her battles with depression.

She disclosed how she was on depression medication to help curb the killing issue.

She revealed that her children had to step in and help her overcome the problem.

The versatile actress gushed on her children, calling them her first critique and pillar. She stated that she loved them all her life, and the same was reciprocated towards her.

Bukky Wright noted that her children urged her to stop stressing out and take time to have fun.

She said, “There was a time when I was depressed. Yes, I was taking depression antidepressants. But my children had to wean me out of it. They have always been my number one critique.

I don’t know if I could call my children my pillar of life and they know that I would love my life for them.

So, they tell me, hey, Iya, you have been loving your

life for us; now it is time to live for you. Enjoy yourself and have fun…”

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BREAKING: Tuface Idibia Reported Missing as Family Petitions DSS

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Nigerian music icon, Innocent ‘2Baba’ Idibia, has been declared missing by his family after leaving for his routine morning walk on February 10, 2025, and not returning home.

The Idibia family has petitioned the DSS, expressing concerns over unusual posts from his social media accounts soliciting funds, raising fears of abduction.

Amidst the turmoil, 2Baba’s mother, Mrs. Rose Idibia, has voiced her disapproval of his ties with Edo lawmaker Hon. Natasha Osawaru, attributing his actions to his ongoing divorce from Annie Idibia.

The family pleads with the public to provide any information on his whereabouts.

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Bukola Saraki Celebrates Son Seni’s Grammy Win

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Former Senate President Bukola Saraki has congratulated his son, Seni, on his victory at the 67th Grammy Awards.

Seni earned his first Grammy for his contribution to the Bob Marley: One Love soundtrack, which won Best Reggae Album.

In a post on X, Saraki expressed his joy at seeing his son’s passion recognised on a global stage, adding that he is “super proud” of him.

“Congratulations, Seni, on winning your first Grammy last night for your work on the Bob Marley: One Love soundtrack, which took home the award for Best Reggae Album!” he wrote.

“Seeing you pour your heart into your passion and having it recognised on the global stage is an indescribable joy. Well done! We are super proud of you!

Reacting to the win, Seni expressed gratitude to all the artists and producers who contributed to the project’s success, including Nigeria’s Wizkid and Bloody Civilian.

appreciate all the amazing artistes, producers and engineers who were brave enough to take on this project because it is about Bob Marley’s legacy,” he said.

“I appreciate them for taking on the songs, reinterpreting them, and doing it their own way. Artists like Bloody Civilian, Wizkid, Daniel Caesar, and Jessie Reyez.”

Bob Marley: One Love is a biographical film depicting the life of the reggae icon, exploring how he overcame adversity and the journey behind his revolutionary music.

This is not Seni’s first major industry recognition. In 2023, the Black Panther: Wakanda Forever soundtrack, a project he worked on as a music consultant, earned four Grammy nominations.

A graduate of the London School of Economics and Political Science, Seni is the CEO of The Native, a Lagos-based music magazine he co-founded with Teni ‘Teezee’ Zaccheaus in 2016. The publication celebrates music, style, and art while championing African sounds and culture.

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