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Firm Asks Court to Liquidate Akwa Ibom APC Candidate, Udofia’s Company over Alleged N416.8m Debt

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A firm, Hydrodive Nigeria Limited has asked the Federal High Court in Lagos, to wind up a company, Saidel Limited, belonging to All Progressives Congress (APC) governorship candidate in Akwa Ibom State, Akanimo Udofia, over alleged N416,809,340 debt.

The petitioner in the winding up petition filed by its counsel, Nnamdi Oragwu told the court that the respondent has failed to pay the debt of N200 million and $243,606.50, weeks after the delivery of a statutory demand notice.

Hydrodive Nigeria is praying for an order that Saidel Limited be wound up by the court under the relevant provisions of the Companies and Allied Act for its inability to pay the debt.

The petitioner also prayed for an order appointing Mr. Tochukwu Onyiuke, an Insolvency Practitioner or any duly licensed member of the Business Rescue and Insolvency Practitioner Association of Nigeria, as the substantive liquidator as the court may deem fit, to immediately liquidate Udofia’s company in accordance with the Companies and Allied Matters Act.

The petitioner asked for an order that the cost of the petition and the cost of the liquidation proceedings shall be paid out of the assets of the respondent.

“Upon a winding up, the petitioner/creditor of the respondent would derive the benefit arising from a thorough tracing, collection and gathering of the respondent’s assets which will be applied by the Liquidator for the settlement of the Respondent’s debt.

“In the circumstances, the petitioner believes that it is just and equitable to wind up the respondent for its inability to pay its debts,” Hydrodive Nigeria prayed.

The petitioner said it specialises in providing diving, vessel leasing, sub-sea and construction support, as well as maintenance and repair of offshore facilities.

The petitioner stated that Saidel Limited approached it to for offshore diving works for the Southern Swamp Sales Gas Evacuation Pipeline Project sometimes in 2018, following which an agreement was reached and executed on July 17, 2018.

Parties also executed supplementary agreements in which the respondent contracted the petitioner as a subcontractor for the project, which it duly executed.

The petitioner said it completed the execution of the project in February, 2019, and was issued a project completion certificate by Udofia’s company.

According to the petitioner, by the terms of the Service Agreement, Saidel Limited was required to settle the petitioner’s invoice within 45 days.

“Upon the completion of the project and execution of the certificate of completion, the petitioner raised and sent several invoices to the respondent totaling the sum of $2,613,953.12.

“Meetings between the petitioner and respondent were held where the petitioner granted concession and issued credit notes to the respondent for the sum of $214,292.47.

“Respondent paid part of some invoices leaving an outstanding sum of N200,000 million and $243,606.50.

“Despite the terms of the service agreement and the addendums thereto requiring the settlement of the invoices within 45 days of the issuance and confirmation and consistent demands, the respondent has refused and neglected to pay the sums of N200 million and $243,606.50 owed to the petitioner.”

The petitioner said it sent several reminders, follow-ups and demands for the payment and also informed the respondent about the huge interest already accruing on the facilities borrowed to execute the contract.

 

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Politics

Eket Senatorial District Media Professionals Criticize Senator Akpabio’s Claims

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The Association of Eket Senatorial District Media Professionals in Akwa Ibom State has criticized Senator Godswill Akpabio for his claims that his successor, Mr. Udom Emmanuel, did not undertake any projects for the people of Ikot Ekpene and Eket Senatorial districts.

Senator Akpabio, in a video that has been widely circulated, stated that Mr. Emmanuel, during his tenure as governor, did not leave any significant imprints in both Ikot Ekpene, Akpabio’s district, and Eket, Emmanuel’s district. This comment was made in response to Senator Ekong Sampson’s plea for the inclusion of Akwa Ibom in a bill to establish new federal medical centers in Nigeria. Akpabio asserted, “I gave you a governor (Udom Emmanuel) who for eight years did not do anything for the people of Ikot Ekpene and Eket Senatorial district, he did not leave any imprint.”

In a statement signed by Joseph Ekong, Director of Public and Strategic Communication, the media professionals described Akpabio’s remarks as “unguarded and illogical.” The group expressed shock that such comments were made in the legislative chambers.

The statement emphasized their reluctance to engage in public disputes with Senator Akpabio but warned that they could reveal documents about Akpabio’s tenure as governor that might not be flattering. The group underscored that Akpabio’s response to Senator Sampson’s constructive contribution was misplaced and unfounded.

They highlighted that during Akpabio’s tenure as governor, the Eket Senatorial District, which contributes 40% of revenue to the federation account, saw little infrastructure development beyond initial groundbreaking stages. The Uyo-Etinan-Eket Road, a significant access route, did not progress beyond groundbreaking during Akpabio’s administration.

While refraining from detailing Mr. Emmanuel’s achievements in Eket, the group focused on dispelling misinformation about Ikot Ekpene. They urged Senator Akpabio to use his position as Senate President to foster development rather than undermine his successors.

The group concluded by advising Senator Akpabio to adopt a more unifying approach, similar to other national leaders who have leveraged their positions to benefit their home states, instead of engaging in what they termed as “shadow-punching” against a non-responsive Mr. Emmanuel.

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Governor Umo Eno’s Bipartisan Gesture: ARISE Initiative Delivers New Home to Opposition Member

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In a display of bipartisan goodwill, Governor Umo Eno of Akwa Ibom State extended support to Ikwo Sunday Emmanuel, an opposition member from Eyoyekip village in Uruefong Oruko Local Government Area.

Emmanuel, considered a vocal critic of the People’s Democratic Party (PDP), received a newly furnished home under the ARISE Compassionate Home Initiative, alongside a N500,000 business seed fund.

Representing the governor, Commissioner Koko Essien of Internal Security and Waterways presented the title documents for the home, emphasizing Governor Umo Eno’s commitment to benefiting all residents of the State, irrespective of political affiliation.

Madam Ikwo Emmanuel, known locally as Mma Inyang, expressed profound gratitude for the governor’s generosity, highlighting her years of hardship and political stance. She recounted her journey as an opposition member and acknowledged the significant impact of the new home on her life.

The event also witnessed a notable shift in political allegiance, with opposition members in the area defecting to the PDP in appreciation of Governor Umo Eno’s inclusive governance approach under the ARISE Agenda.

In related developments, Governor Umo Eno has mandated civil servants in Akwa Ibom State to engage in farming activities every first and third Friday, aimed at boosting food production and stabilizing market prices. During an inspection of local government initiatives, the governor applauded the agricultural efforts led by Otobong Aaron in Nsit Ibom, underscoring the importance of replicating such successes across all wards to achieve food sufficiency goals.

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Comrade Uduak Ekong Appointed Chief Press Secretary to Akwa Ibom First Lady

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Akwa Ibom State Governor, Pastor Umo Eno, has appointed Comrade Uduak Ekong, former Chairperson of the Nigeria Association of Women Journalists (NAWoJ) in the state, as the Chief Press Secretary to the First Lady, Mrs. Patience Eno.

The appointment, effective from June 1, 2023, was announced via a letter signed by the Secretary to the State Government (SSG), Prince Enobong Uwah, dated June 20, 2024.

Ekong, who previously served at the Akwa Ibom State Broadcasting Corporation (AKBC) and chaired the AKBC TV Chapel of the Nigeria Union of Journalists (NUJ) in the state, brings a wealth of experience to her new role.

A statement from the media unit of the governor’s wife expressed the governor’s approval of Ekong’s appointment, highlighting her extensive background in journalism and union leadership within AKBC and NUJ.

Ekong’s appointment underscores Governor Umo Eno’s commitment to strengthening communication and media relations within the state administration.

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