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Prince Nicholas Ukachukwu’s 140 Million Dollars Investment In Awka Collapse! Niccus Employers Cry For Help over unpaid salary!



When Prince Nicholas Ukachukwu, a former House of Representative Member and Evangelist as well as an Industrialist broke a cheering news that his multimillion dollar investment in Awka is set to be commissioned years back, Anambrarians  received the news with a pinch of salt based on the agonies of those working at Niccus Industries Limited.


Society Reporters NG reports that Ukachukwu is a dogged fighter even in politics and all he had laid his hands on even in beating mercilessly political opponents but that announcement is with a hiccup.


As a former gubernatorial aspirant in the state under PDP and later Hope party, Chief Nicholas Ukachukwu was outstanding and marches money for money and force to force with all major contenders. He could have been in the senate now representing Anambra South senatorial zone but for smartness of Chief Chris Ubah that outshine his own smartness and his brother Senator Andy Ubah is there now.


At a stakeholders meeting at the Governor’s lodge then Prince Ukachukwu announced that his $140m investment in Awka would soon be ready for commissioning while he was perfecting plans to cite more industries in other parts of the state.


He commended the governor for demonstrating a deep sincerity of purpose and assured him of his support as well as his belief in his ability to deliver on his promise to Ndi Anambra.


But the fears stemmed from the investment at Onitsha Niccus industries limited manufacturing over 21 domestic products  including ladies sanitary towels , baby diapers , pencils , medicated , Antiseptic , Toilet and Bar soap, plastic bottles and bottled water.

Others are Instant noodles , Jute sack and Ghana must go bags , converted papers and cartons , can juice as well as Polythene and shopping bags

Niccus Industries limited is located at Nkpor Junction and before now was beehive of activities employing over 6,000 direct and  about 1,000 indirect staff .


But today staff are owed several months of salary and the place is a ghost of itself with many resigning and going without their entitlements.


It was alleged that the manager who happens to be a relative of the Prince ran the place aground as one could not reconcile the business acumen in Prince and Princess estate as well as many international schools that are a huge success to the Niccus delima which is an irony, Niccus is a subsidiary of SNECOU Group of companies.


But the Managing Director of Niccus Industries Limited , Pastor Oguine told us that all hope was not lost to resuscitate the factory back to its footings as every efforts have been put in place by the chairman Prince Nicholas Ukachukwu to revamp the ailing factory.


He blamed the previous governments in the state of being responsible for the predicament the factory is suffering because the Chairman of the company Prince Ukachukwu is in politics , his efforts were allegedly frustrated leading to the suffering of the over 7,000 staff in the company.


He decried the pains and agonies thousands of workers there went through because of adverse government policies without knowing that it would not be the Chairman of the company that would suffer the pains but the masses employed there. He hoped soonest all the agonies would be in the past.


And because the MD was skeptical of news, he was not troubled further about some salient points about Niccus like how many years staff were owed salary and stuff like that.

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In a recent development, Remember how few weeks ago, an Igbo businessman/politician, Chief Peter

Nwaedozie Alias Mkpume from Ogboji town in Orumba LGA of Anambra State gave residents and the media quite an episode to watch when he took off his clothes publicly on camera and went stark naked to demand for the money he was being owed by an alleged rich debtor?! It’s not forgettable so easily!

The rich debtor has been identified as Prince Nicholas Ukachukwu.

The incident occurred at Ali Akilu Street in the highbrow Asokoro District in Abuja.

Obviously fed up of the incessant excuses by Mr Nicholas, Chief Peter Nwaedozie resorted to the method of going stark naked in the house of his debtor just to compel him to settle the debt. He also

claimed that Prince Ukachukwu had threatened to lock him up if he continued

to demand for his money. New family photos of the debtee have

emerged. Its believe to be about a whooping sum of #34 million.

Society Reporters gathered that Prince ukachukwu is now on the run as everything seems to be crumbling for him now.

We will keep you updated as soon as we lay our hands on more information.

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Oando Clean Energy, Cross River State, Sign MoU on Renewable Energy Infrastructure




Oando Clean Energy (OCEL),  the renewable energy business subsidiary of Oando Energy Resources and the Cross River State Government have  signed a memorandum of understanding (MoU) for the rollout of electric vehicles for mass transportation within the state at the ongoing 28th edition Conference of the Parties (COP28) in Dubai, United Arab Emirates (UAE).

The move in setting up an electric vehicle (EV) assembly plant, is expected to create jobs for local indigenes as well as build a 100MW wind plant for power generation.

Representing the Governor of Cross River State, Bassey Otu at the MoU signing was the state’s Commissioner for Special Duties, Oden Ewa, saying the landmark agreement marked a significant step forward in the state’s journey toward a cleaner and more sustainable future. He said: “The MoU paves the way for the transitioning of our mass transit system to cleaner and less expensive fuels while also allowing for the use of our natural resource, wind, to provide electrification for our people.

“I commend Oando Clean Energy for their innovative solutions that address the impact of climate change in Nigeria and her citizens.”

According to Oando , it said,  as  a company, it has committed to ensuring that this journey to a cleaner and more sustainable energy future is as seamless and as easy as possible.

“This is by putting our confidence in, not only the technology but the partnership and ensuring that the Cross River State government and her people reap the benefits of generating power from sustainable sources”. The statement read.

Oando’s Clean Energy’s scope spans the entire 35 states of the federation and the federal capital, promising to create a cleaner, more viable energy ecosystem for Nigeria and the  people of Cross River.

In attendance at the side event were amongst others, Minister of Niger Delta Affairs, Abubakar Momoh;  Minister of the Environment, Abbas Balarabe;  Minister of State for Environment, Dr. Kunle Salako; Commissioner for Special Duties, Cross River State, Mr. Oden Ewa, among others.

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House Of Representatives Issues Warrant Of Arrest On Central Bank Governor, Cardoso, Accountant-General, 17 Others




The House of Representatives’ Committee on Public Petitions has asked for a warrant of arrest to be issued on the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the Accountant-General of the Federation (AGF), Oluwatoyin Madein, and 17 others over refusal to appear before it to answer questions on their operations.

It was gathered that the issuance of the arrest warrant was sequel to the adoption of a motion moved by Fred Agbedi, representing Ekeremo/Sagbama Federal Constituency of Bayelsa State on the platform of the Peoples Democratic Party (PDP) at the committee’s hearing on Tuesday.

Agbedi, while moving the motion, said that the arrest warrant had become imperative following the attitude of the invitees, adding that the parliament worked with time and the CEOs had been invited four times but failed to respond to the invitations.

Agbedi said that the CBN Governor, the AGF and the rest of the invitees should be brought to appear before the committee by the Inspector General of Police through a warrant of arrest after due diligence by the House Speaker, Rep Tajudeen Abbas.

The Chairman of the Committee, Micheal Irom (APC-Cross River), in his ruling said that the Inspector-General of Police should ensure the invitees were brought before the committee on December 14.
It was gathered that the petitioner, Fidelis Uzowanem, had earlier said that the petition was anchored on the Nigeria Extractive Industries Transparency Initiative (NEITI) 2021 report.

Irom said, “We took up the challenge to examine the report and discovered that what NEITI put together as a report is only consolidation of fraud that has been going on in the oil and gas industry.

“It dates back to 2016 because we have been following and we put up a petition to this committee to examine what has happened.

“The 2024 budget of 27.5 trillion that has been proposed can be confidently funded from the recoverable amount that we identified in the NEITI report.

“It is basically a concealment of illegal transactions that took place in NNPCL; they have been in a sink with some oil companies where some companies that did not produce crude were paid cash core, an amount paid for crude oil production.”


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FCTA uncovers illegal oil refining warehouse in Abuja




In continuation of the city cleaning exercise, Authorities of the Federal Capital Territory Administration (FCTA) with operatives of security personnel have uncovered an illegal oil refining warehouse in Mabushi, opposite Mobile filling station on Ahmadu Bello way in Abuja.


The Director, Department of Development Control, FCTA, Mukhtar Galadima after the operation on Thursday, said the illegal refining site was discovered during the continuation of the city cleaning exercise.


According to him, about three to four plot of lands designated for commercial purposes have been converted to an area where oil and diesel are being adulterated and circulated to other parts of the city.


Galadima explained that the city sanitation task force will look into the provision of the law and make necessary recommendations to the FCT Administration for further actions on the plots used for the activity.


He said there was no arrest but the items used in carrying out the illegal refining have been impounded.


Galadima said, “During the continuation of our city sanitation exercise in Mabushi opposite Mobile filling station on Ahmadu way, we discovered an illegal refining site where oil and diesel are being adulterated, we have done the needful by moving the items to Nigerian Security and Civil Defence Corps.


“From what we have seen so far, about three or four pilot of lands designated for commercial purposes have been converted to unapproved activities, which we believe the owners are fully aware, there will be consequences.


“We are going to look at the provision of the law and make necessary recommendations to the FCT Administration”


He said the administration will continue to go tough on activities being carried out without government approval,  especially revocation of the titles.


Collaborating, Head, operations FCT Directorate of Road Traffic Service (DRTS), Deborah Osho said the city management team during the exercise also discovered that most of the areas in the Nation’s capital have been converted to illegal car mart and motor parks.


She disclosed that fifteen vehicles have so far been impounded since the operation commenced about two days.

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