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UK Freezes Alison Madueke London £10m Property, Sells Houses

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The UK’s National Crime Agency (NCA) has frozen a £10million worth of London property allegedly bought for Diezani Alison-Madueke as investigations into the case against the former minister unravels by the day.

Two properties at Regents Park in London, along with one in Buckinghamshire, have now been frozen based on the request of Nigerian authorities.

A London court gave the frozen order in September 2016 but details of the rulings have only recently become public.

But the agency was too late in preventing a further two properties worth £8m from being sold.

In July, the U.S. Department of Justice revealed four properties it alleged were bought for the former petroleum minister by individuals and firms seeking her influence in obtaining lucrative oil asset and crude oil lifting contracts.

Some of the oil asset were assigned to people believed to be her cronies through controversial Strategic Alliance Agreements.

The DoJ’s affidavit stated that businessmen Jide Omokore and Kola Aluko were involved in the purchase of two of the properties allegedly bought for Mrs. Alison-Madueke.

The UK order obtained by journalists at Africa Confidential has revealed that three of the properties have been frozen under the Proceeds of Crime Act.

Apart from Mrs. Alison-Madueke, Mr. Omokore and Mr. Aluko, the order also named three other individuals as defendants in the case, all of whom are believed to have received contracts or oil asset from the NNPC during the embattled minister’s tenure.

They include Aiteo’s Chief Executive Officer, Benedict Peters, a jeweler named Christopher Aire, and a lawyer named Donald Amamgbo. All received contracts from the NNPC. The order forbids the defendants from disposing of or dealing in the properties.

But although the NCA has frozen three properties worth £10 million, the agency was too late to prevent a further two properties worth £8 million from being sold.

One of these, a massive nine-bedroom house in London’s exclusive Hampstead Garden Suburb, bought by a BVI company in January 2011 for £5,850,000- was sold in May 2015.

Similarly, the property at 39 Chester Close, one of the properties listed in the DoJ case, which was bought by Kola Aluko’s BVI based Mortlake Investments for £1.73 million, was sold in July 2015, months before the NCA initially arrested the former Minister.

UK estate agent, Daniel Ford & Co, assisted in the purchases of three of the properties, and UK solicitors firms, Addie & Co and Gordon’s Partnership, were conveyancers of the deals.

According to Corruption Watch, a UK NGO, investigators should look carefully at these organisations’ due diligence practices.

Secret Hearing

The order signals a step up in the UK’s investigation of the former minister, who was first arrested by the NCA in October 2015, when the agency confiscated her passport and £27,000 in cash found in her apartment.

However the extent of the evidence against the former minister and the other defendants remains unclear.

The September 2016 forfeiture proceeding of the properties was held in private, meaning that the evidence that the NCA presented to support the seizure is not accessible.

This evidence will be critical. Although Messrs Peters, Aire and Amamgbo all had lucrative contracts with the NNPC, and are all accused of lavish spending for Mrs Alison-Madueke, this alone will not be enough to secure criminal prosecutions against any of them, analysts say.

“In the U.S. and U.K., simply buying luxury items for a government official like Ms. Alison-Madueke isn’t against the law,” says Aaron Sayne, a Financial Investigator and Senior Governance Officer at the National Resource Governance Institute.

“Investigators have to link the money involved to a crime that happened in Nigeria. And if the crime is bribery, they must also show that the items purchased rewarded her for helping someone win a government contract. That’s not easy to prove, especially well enough to stand up in court.”

The DoJ’s case included transcripts of conversations in which the minister appears to admit her role in awarding the SAAs to Atlantic – but it is still unclear whether the UK has additional evidence relating to the contracts that Messrs. Amamgbo, Peters, and Aire received during Mrs. Alison-Madueke’s tenure.

Neither Donald Amamgbo and Christopher Aire had experience in the oil business when their newly minted trading firms picked up term contracts from the NNPC: Mr. Amamgbo was an attorney, Mr. Aire a jeweler.

And this practice of giving oil contracts to inexperienced firms picked for political connections has not ended, however.

“Patronage and self-enrichment are still the driving forces behind many sales,” according to Mr. Sayne, though he admits that the NNPC, has “sanitized some of its oil sales processes under President Buhari”.

The properties

SOLD: 39 Chester Close North- Bought by Kola Aluko’s BVI company, Mortlake Investments, in March 2011 for £1,730,000. Mrs. Alison-Madueke is alleged to have selected the stone flooring for the property in a renovation also led by Kola Aluko. The property was sold in July 2015, months before the NCA initially arrested the former Minister, for £2,800,000.

SOLD: Winnington Road

A massive nine-bedroom property in Hampstead Garden Suburb – one of London’s most exclusive areas– was on the NCA’s list of properties to be frozen. However the property was sold in May 2015, before by the time the UK received a request from the Nigerian authorities to freeze the property. The property was bought by BVI company Hampstead Corporate Limited in January 2011 for £5,850,000.

The beneficial ownership of Hampstead Corporate, and its connection to the named defendants in the UK freezing order, is unknown

Frozen

FROZEN: The Falls, Buckinghamshire- Bought by Jide Omokore’s Seychellois company Miranda Investments for £3,250,000 in January 2011. Used UK law firm Addie & Co.

Mrs. Alison-Madueke was the only known resident of the property, and was addressed by the staff there as “the Madam”, according to the DoJ’s case, which also states that Kola Aluko engaged a construction company to upgrade the property. The property was briefly marketed by estate agent Brampton Partnership in August 2015.

FROZEN: Harley House- Bought by Seychellois company Rosewood Investments for £2,800,000 in March 2011, and now revealed to be beneficially owned by Aiteo Chief Executive Officer Benedict Peters.

Construction workers renovating Harley House over the summer of 2011 were introduced to Mrs. Alison-Madueke as “the architect”, and Kola Aluko, who was co-ordinating the renovation of Harley House in the summer of 2011, forwarded the plans for the apartment to the former minister.

The property is furnished with some of the $107,000 luxury furnishings bought for Mrs Alison-Madueke by Mr. Peters.

FROZEN: Park View – Bought by Seychelles company Colinwood Ltd, whose ownership is unknown, in March 2011 for £3,750,000. Used UK law firm Gordon’s.

According to the DoJ documents, the purchase was financed with a mortgage from the UK branch of FBN Bank, obtained by “co-conspirator #1” – who is believed to be Christopher Aire.

According to the DoJ’s case, Mr. Aluko co-ordinated renovations to Park View, and Mrs. Alison-Madueke met with the construction worker to discuss the renovations.

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FG vows to tackle power crisis, commissions 3MW solar plant at Abuja varsity

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Joseph Tegbe

The Federal Government has vowed to tackle Nigeria’s power challenges, with the Minister of Power, Joseph Tegbe, assuring Nigerians that the administration of President Bola Tinubu will deliver on its promise of improved electricity supply.

Tegbe gave the assurance on Wednesday in Abuja while commissioning a 3MW solar hybrid power project at Yakubu Gowon University, formerly the University of Abuja.

The project, delivered under Phase II of the Federal Government’s Energising Education Programme, is expected to provide more reliable electricity for teaching, research, laboratories, digital services and other critical activities at the university.

The intervention was implemented by the Rural Electrification Agency through the World Bank-funded Nigeria Electrification Project.

The facility comprises a 3.3MW solar array, 3MW AC output capacity and 2MWh battery storage designed to support critical loads beyond daylight hours. The project also includes 388 solar-powered streetlights to improve lighting and security across the campus.

Speaking at the commissioning, Tegbe said the project demonstrated how investment in electricity could directly support human capital development.

“There is perhaps no better place to demonstrate the practical value of Nigeria’s energy transition than a university,” the minister said.

He explained that universities required dependable power not only for classrooms, but also for research, laboratories, technology, administration and digital services.

Tegbe, who described the commissioning as the beginning rather than the end of the investment, said the government was also working to ensure that renewable energy facilities remained functional over the long term.

He said the newly established Renewable Asset Management Company would play a role in ensuring proper management and maintenance of renewable energy assets.

The minister also disclosed that efforts were underway to extend electricity coverage to other parts of the university, including student hostels, following requests from the institution’s Student Union Government and management.

He said the government would work towards ensuring that other areas of the university were covered within six months.

The Managing Director of the REA, Abba Aliyu, said the Energising Education Programme had evolved from simply providing electricity infrastructure to supporting education, research and human capital development.

According to him, the programme has so far delivered renewable energy infrastructure to 22 federal universities and three affiliated teaching hospitals, deploying more than 100MW of clean energy nationwide.

Aliyu said the experience gained from the projects had shown the need to pay as much attention to maintenance and long-term performance as to construction.

“We have become very good at asking, ‘How do we build more?’ We must now become equally rigorous about asking, ‘How do we protect what we have already built? How do we make it perform? And how do we preserve its value?’” he said.

The Head of the Nigeria Electrification Project, Olufemi Akinyelure, said the impact of the project should be measured beyond the electricity generated.

He said reliable electricity would enable laboratories to function, support research and create better conditions for students and lecturers.

“Government may not be in the business of making profit, but it must always be in the business of making progress,” Akinyelure said.

The Vice-Chancellor of Yakubu Gowon University, Prof. Hakeem Fawehinmi, described the project as a major investment in the institution’s academic mission.

Fawehinmi said the university could not effectively teach, conduct meaningful research, operate laboratories or sustain digital services without dependable electricity.

He assured the Federal Government and other partners that the university would properly utilise and maintain the facility.

Also speaking, the Chairman of the Senate Committee on Power, Senator Enyinnaya Abaribe, said the project underscored the need to connect government investment with sustainable outcomes.

Abaribe urged the university to take ownership of the facility and ensure that appropriate arrangements were made for its operation, maintenance and protection.

Beyond electricity generation, the project includes a Renewable Energy Workshop and Training Centre designed to support practical learning and skills development in renewable energy technologies.

The programme also has a female STEM component aimed at giving students practical exposure to renewable energy and opportunities in the sector.

The project was delivered through collaboration among the Federal Government, REA, the Nigeria Electrification Project, the World Bank, Yakubu Gowon University and EMONE Energy Solutions.

With the facility now commissioned, the focus shifts to keeping it operational and ensuring that improved electricity translates into better learning, stronger research and greater opportunities for innovation at the university.

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IGP Disu seeks NIPR partnership to boost public trust in police

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NIPR President, Dr Ike Neliaku, in a handshake with the Inspector-General of Police, Olatunji Disu, at the Force Headquarters in Abuja on Tuesday.

The Inspector-General of Police, IGP Olatunji Disu, has called for stronger collaboration between the Nigeria Police Force (NPF) and the Nigerian Institute of Public Relations (NIPR) to enhance public confidence in the police.

The IGP made the call on Tuesday when he received a delegation of the NIPR, led by its President and Chairman of Council, Dr Ike Neliaku, on a courtesy visit to the Force Headquarters, Abuja.

According to a statement issued by the Force Public Relations Officer, CSP Ani Iniedu, the IGP emphasised the importance of effective communication, professionalism, transparency and fairness in strengthening the relationship between the police and members of the public.

Disu noted that every police officer was an image-maker of the Force, adding that the conduct of personnel in their daily interactions with citizens had a direct impact on public perception of the police.

He said the Nigeria Police Force (NPF) remained committed to policing by consent and promoting a service-oriented policing culture built on professionalism, empathy, accountability and respect for human rights.

The IGP also sought the support of the NIPR in providing specialised communication training for police personnel and developing a coherent communication framework that would effectively communicate the sacrifices and contributions of police officers to public safety and national security.

Earlier, Neliaku commended the IGP for his professional accomplishments and briefed him on Nigeria’s hosting of the 2026 World Public Relations Forum and Africa Charter Forum.

The international event is scheduled to hold at the Transcorp Hilton, Abuja, and is expected to attract more than 3,000 delegates from 126 member countries of the Global Alliance for Public Relations.

The NIPR delegation also sought the support of the Nigeria Police Force in security planning and coverage for the event.

Neliaku further invited the IGP to serve as a keynote speaker at the forum and encouraged police officers to register and participate as delegates.

The delegation included the Secretary-General of the African Public Relations Association, Dr Omoniyi Ibietan; Dr Suleiman Haruna; Mrs Maryam Sanusi; Mrs Olubunmi Badejo; Commandant Olusola Odumosu; Chief Uzoma Oyegbadu; Chief Moji Makanjuola; Mr Stanley Ogadigo and other members of the institute.

Iniedu said the meeting reflected the commitment of the  Police Force to building productive partnerships with professional bodies and other stakeholders to strengthen public trust, enhance public safety and promote national security.

 

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Inflation drops marginally to 15.39% — NBS

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Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics.

The NBS disclosed this in its Consumer Price Index released on Tuesday, saying the latest figure represented a 0.04 percentage point decline from the previous month.

The statistics agency, however, reported a sharper decline in the month-on-month inflation rate, which dropped to 0.71 per cent in August from 1.57 per cent in July.

The month-on-month rate, according to the bureau, declined by 0.86 percentage points compared with the July figure.

The NBS explained that the development indicated that the rate at which the average price level increased in August was slower than that recorded in July.

The latest data also showed a significant moderation in food inflation, which stood at 19.57 per cent year-on-year in August.

The figure was substantially lower than the 25.30 per cent recorded in August 2025.

On a month-on-month basis, food inflation fell to 1.02 per cent in August from 5.56 per cent in July, representing a decline of 4.55 percentage points.

The NBS said the development showed that food prices were still rising, but at a slower rate during the month under review.

It attributed the decline largely to changes in the average prices of a number of food items, including palm oil, carrots, pepper, onions, cassava flour, beef, yam flour, water yam, melon (egusi), fresh ginger, fresh fish, Irish potatoes, wheat grain, frozen chicken and turkey meat.

At the state level, Adamawa recorded the highest year-on-year food inflation rate in August at 38.85 per cent.

It was followed by Zamfara with 37.96 per cent and Bayelsa with 36.20 per cent.

On the other hand, Borno recorded the lowest year-on-year food inflation rate at -4.04 per cent, followed by Jigawa at -0.23 per cent and Kebbi at 3.47 per cent.

The month-on-month figures presented a different picture, with Katsina recording the highest food inflation rate at 9.48 per cent.

Rivers and Osun followed with 8.86 per cent and 8.32 per cent respectively.

Taraba recorded the lowest month-on-month food inflation rate at -12.42 per cent, followed by Borno at -12.15 per cent and Bauchi at -8.88 per cent.

The latest figures indicate a moderation in the pace of price increases, particularly in the food sector, although the NBS data show that consumers continue to face varying price pressures across the states.

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