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N600m Debt: AMCON takes over Senator Buhari’s properties in Abuja

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The Asset Management Corporation of Nigeria has taken over assets belonging to Senator representing Oyo North Senatorial District, Alhaji Abdulfatai Buhari, over a N600m debt taken by his company, Abadat Ventures Limited.

AMCON, in a statement by its Spokesman, Mr. Jude Nwauzor, explained that Senator Buhari took the loan from Guaranty Trust Bank and refused to offset it despite repeated reminders.

The decision to seize the lawmaker’s assets, according to AMCON, was sequel to the order of Justice I. E Ekwo of the Federal High Court, Abuja.

Some of the assets seized by the corporation included : a property at 12, St, Petersburg Street, Wuse II, Abuja and Plot 516 off Misau Crescent, off Birnin Kebbi Crescent, Garki II, Abuja.

“Sequel to the order of Honourable Justice I. E Ekwo of the Federal High Court, Abuja, AMCON has taken over assets belonging to Alhaji Buhari Abdulfatai, Chief Promoter of Abadat Ventures Limited over indebtedness of almost N600m.

“Interestingly, Alhaji Buhari Abdulfatai is a serving Senator of the Federal Republic of Nigeria representing Ogbomosho North Federal Constituency in Oyo State a seat he won on the platform of the ruling All Progressive Congress.

“Justice Ekwo made the ruling on March 25, 2021, and in compliance to the enforcement order, AMCON went about putting the logistics together and on Friday, June 18, 2021, the corporation took effective possession of the two properties as listed by the court through its appointed Receiver Manager – Mr Baba Waziri of Baba Waziri & Co. Chambers”, the statement said.

The court , also ordered the receiver manager to take all necessary steps required to realise the assets of the obligor, with a view to paying the outstanding loan in line with Section 553 and 554 of the Companies and Allied Matters Act, 2020.

The corporation, in the statement , added that the non-performing loan of Abadat Ventures Limited was purchased by AMCON from Guaranty Trust Bank during the second phase of Eligible Bank Asset purchases in 2021.

The statement added, “Since then, the obligor has been unwilling to repay the loan despite the concessions made available to him by the corporation in a bid to amicably resolve the bad debt”.

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Rep. Oseni Condoles Late Gov. Ajimobi, Kola-Daisi Families Over Bisola’s Passing

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The Chairman of the House Committee on Federal Roads Maintenance Agency (FERMA), Engr. Aderemi Oseni has expressed deep sorrow over the passing of Mrs Bisola Kola-Daisi, daughter of the late former Governor of Oyo State, Senator Abiola Ajimobi.

Oseni, who represents Ibarapa East/Ido Federal Constituency, described Bisola’s death as a tragic loss not only to her family but also to the wider Oyo State community.

In a condolence message issued on Thursday by his media aide, Idowu Ayodele, and made available to journalists in Ibadan, the lawmaker sympathised with the Ajimobi and Kola-Daisi families, praying for divine strength and comfort in their time of grief.

“I am deeply saddened by the passing of Mrs Bisola Kola-Daisi. My heart goes out to the Ajimobi and Kola-Daisi families, especially, our late leader’s widow, Mrs. Florence Ajimobi during this painful period. May God grant them the fortitude to bear this irreplaceable loss,” he said.

The All Progressives Congress (APC) chieftain urged the late governor’s wife, Chief Florence Ajimobi and other members of the bereaved families to find solace in Bisola’s impactful life. He emphasised that, beyond being the daughter of a respected former governor, she distinguished herself as a businesswoman and philanthropist, leaving behind a remarkable legacy.

“Bisola was a woman of substance who made significant contributions to society. Her kindness, dedication, and commitment to excellence will always be remembered,” Oseni added.

The lawmaker also extended his condolences to Bisola’s husband, Mr Idris Kola-Daisi, acknowledging the immense pain he must be experiencing. He prayed for divine strength for him and the entire Kola-Daisi family as they navigate this difficult time.

Oseni further called on the public to keep the bereaved families in their thoughts and prayers. He prayed that Almighty God grants Bisola eternal rest and gives her loved ones the resilience to endure the painful loss.

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SWAGA Scribe, Oladele Mourns Ajimobi’s Daughter, Bisola Kola-Daisi

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. prays for progressives

The National Secretary of the South-West Agenda for Asiwaju (SWAGA’23), Barrister Bosun Oladele, has expressed deep sorrow over the passing of Bisola Kola-Daisi, daughter of the late former Governor of Oyo State, Senator Abiola Ajimobi.

Describing the news as shocking and heartbreaking, Oladele, a former House of Representatives member for Irepo/Oorelope/Olorunsogo Federal Constituency and a former Commissioner for Information, extended his sympathies to the bereaved family, particularly Mrs. Florence Ajimobi, widow of the late governor.

“God, the All-Knowing, is the only one who understands why this happened, and He alone can provide comfort to the family of our late leader and boss, His Excellency, Senator Abiola Ajimobi. I especially pray for strength and solace for Her Excellency, Chief (Mrs.) Florence Ajimobi, in this moment of grief,” he stated.

Oladele also commiserated with the Kola-Daisi family, particularly the deceased’s husband, Kolapo Kola-Daisi, while urging all Progressives in Oyo State to unite in prayers for the bereaved families and the wider political circle.

“I join all Progressives in Oyo State in expressing my heartfelt condolences to the Kola-Daisi and Ajimobi families. I pray for staying strength and divine comfort for all,” he said.

He further prayed against the recurrence of untimely deaths within the Progressives fold in the state, seeking divine intervention to stem the tide.

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Alleged KGB Infiltration: Police in Dilemma as Senator Natasha Abandons Petition, Snubs Summons

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The Nigeria Police Force appears to be in a quandary over its investigation into the alleged infiltration of the National Assembly by Russia’s KGB (Komitet Gosudarstvennoy Bezopasnosti), the former Soviet security agency.

Checks revealed that the police had invited the Senator representing Kogi West, Sunday Karimi, for interrogation following a petition filed by his colleague, Senator Natasha Akpoti-Uduaghan of Kogi Central.

In the petition dated March 5, 2025, Akpoti-Uduaghan, who is currently serving a six-month suspension from the Senate, urged the police to investigate Karimi’s claim that the KGB had infiltrated the National Assembly, posing a serious threat to Nigeria’s democracy.

She specifically alleged that Senator Karimi had circulated a report titled “KGB Agent Group Warns Senate: A Call for Vigilance Amidst Threats to Democracy” on the official WhatsApp group of the 10th Senate on February 23, 2025.

Describing the claim as a matter of national security, Akpoti-Uduaghan insisted that the alarm raised by Karimi should not be taken lightly. “No nation can afford to ignore the presence of such a group within its legislative body,” she emphasized in her petition.

Karimi Appears Before Police, Natasha Recoils

Further investigations revealed that Senator Karimi honored the police invitation on Monday, appearing at the Force Headquarters in Abuja to clarify his position.

Sources within the police described his session as “positive and insightful,” revealing that he admitted to sharing the report in question. However, the police were reportedly taken aback when Senator Akpoti-Uduaghan distanced herself from the petition and ignored requests to appear for questioning.

“We reached out to her after our session with Senator Karimi, expecting her to provide further clarification, but she has continuously ignored our invitation,” a senior police source disclosed.

“What is disturbing is how she suddenly abandoned such a serious petition against her colleague. First, she claimed to be outside the country, but a viral video has since surfaced showing her in her constituency. It is difficult to reconcile her claims with the information available to us,” the source added.

The police official, who spoke on condition of anonymity, further hinted at possible political undertones behind the petition.

“We do not want to meddle in the ongoing power play within the Senate. However, it would be scandalous if she attempted to use the police as a tool in her political battles.”

When asked about the possible next steps, the source stated that his superiors would determine the fate of the petition, which he described as “frivolous.”

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