Metro
Allegations of Fraud Against Us is False, Says GIC Oil and Gas
The GIC Oil and Gas Services Limited has denied claims made by some online publications (not PointBlank.ng) that the company and its CEO, Godwin Ebolo, defrauded a Nigerian bank.
A statement made available to journalists on by the Group General Manager, GIC Oil and Gas Services Limited, Rotimi Olarewaju, stated as follows:
“Our attention has been drawn to some online publications wherein certain facts about our organisation and Managing Director, Gowin Ebolo, were misstated. Owing to this development, it has become consequent upon us to set the record straight for the general public.
“We are calling on all responsible Nigerians to refrain from making untrue assertions about GIC Oil and Gas Services Limited and its Managing Director, Gowin Ebolo, as the facts of this issue is a matter of public record and any and everyone is welcome to it.
“We have resolved that this press release will be our last action on explaining the matter, but we shall not hesitate to prosecute further libellous statements on this issue as it damages the companys reputation and its good standing with its various partners foreign and local.
“In 2013, GIC Oil and Gas Services Limited approached Heritage Bank Plc for a loan totalling US $13.5 million divided into $3.5 million working capital and $10 million bank guarantee to facilitate a waste management contract for Allied Energy Plc.
“We also approached Enterprise Bank in the same year for a thermal desorption plant and waste management equipment in the amount of UD$8 Million for a Shell Petroleum Development Company of Nigeria Limited (SPDC) contract.
“Both facilities were approved and disbursed with GIC Oil and Gas Services Limited contributing ten per cent (10%) in equity for the equipment purchase. The items were bought and paid for pending the commencement of the SPDC job.”
According to Olanrewaju, “It is worthy of note that Enterprise Bank later merged with Heritage Bank and the loans were consolidated.
“With extended delays in the commencement of the project, the bank grew increasingly anxious and thus the issues on the loan availed began.
“As the commencement date of the SPDC project was not yet ascertained at that time due to circumstances beyond our control, the bank took possession of the equipment purchased with the loan facility.”
The statement further noted that “Once the bank realised that these equipment, being project specific, were of no use to both them and GIC Oil and Gas Services Limited without the project, they immediately recalled their loan facility and requested for immediate full payment.
“On the Allied Energy Project, a change in management led to the cancellation of the project completely. Sadly, an occupational risk in our industry.
“Since our finances are always tied to individual projects, the bank was made aware that repaying the loan facility without project commencement would be extremely difficult, but we were willing to agree to a scheduled repayment structure.
“During this period, GIC Oil and Gas Services sought to negotiate a settlement with the bank and while this was ongoing, Godwin Ebolo left the country because of a medical emergency.
“It was at this point we became aware that the loan facility had been reported to the Economic and Financial Crimes Commission (EFCC) by the bank and Ebolo was immediately declared wanted without invitation or notice.
“On finding out that Ebolo was declared wanted by the EFCC, he immediately returned to the country and presented himself to the EFCC wherein the unfortunate mug-shot was taken.”
“Olanrewaju said that Several court proceedings later, the fraud case was dismissed by the Justice A.I. Iyayi-Lamikanra of the Rivers State High Court (attached is a copy of the judgment Suit No.: PHC2631/2016).
“Ebolo was subsequently cleared by the EFCC vide their letter Ref: CR:3000/EFCC/LS/PFS/C/VOL3/033 dated October 6, 2016 and communicated to the various security agencies accordingly.
“Finally, we would like to state that a repayment structure of the outstanding facilities has been mutually agreed by GIC Oil and Gas Services Limited and Heritage Bank Plc. The repayment which has since commenced is being made from contract proceeds from the SPDC job.”
Leading communications network, Globacom, has registered another milestone with its ongoing investment in its people as the SheGlows Summit 2025 convened women from every division at the Alliance Française, Mike Adenuga Centre, Lagos.
This year’s theme, “Wellness for Growth,” underscored a simple truth: wellbeing is not separate from performance-it powers it.
From Mrs Olubunmi Aboderin Talabi’s reflections on rest, to Bunmi George’s insights on consistency, and Ifeoma Williams’s masterclass on confidence, every session linked personal wellness to leadership readiness.
The summit’s success mirrored Globacom’s broader commitment to a management culture that continually fosters spaces where women can learn, lead, and lift others.
While the spotlight shone on the female workforce, the quiet endorsement from senior leadership made clear that this vision starts at the top and ripples throughout the organisation.
Participants left with renewed clarity and community spirit, a testament that when companies nurture wellness, they unlock growth that lasts.
They lauded the experience as inspiring and transformative. Ifeyinwa Okoli, Team Lead, Customer Care, said, “The event was beyond my expectations; each speaker delivered her message beautifully, and I’ve taken so much home.”
Esther Ohiomoba from Enterprise Business added, “It touched my core. My biggest takeaway is to let my brilliance serve, not intimidate. I’d love to do this again and again.”
By Tolulope A. Adegoke, PhD
“Leadership is the sacred stewardship of the groan—the courage to lean into the tension of today to midwife the glory of tomorrow for people, corporations, and nations” – Tolulope A. Adegoke, PhD
Introduction: The Universal Sound of Growth
If you have ever led anything—a team, a project, a family, a company, or even a personal dream—you are intimately familiar with the sound. It is not a scream of terror, nor a shout of victory. It is something deeper, more primordial. It is the groan.
It is the late-night sigh over a spreadsheet that refuses to balance. It is the fervent debate in a boardroom about a risky new direction. It is the quiet frustration of a community leader facing systemic injustice. It is the personal cost of upholding integrity when compromise would be easier.
For too long, we have mislabeled this groan as failure, burnout, or a sign to quit. But what if we have it all wrong? What if the groan is not the signal of an ending, but the essential, non-negotiable birth pang of a new beginning?
This profound leadership pattern is revealed in the ancient text of Romans 8:18: “For I consider that the sufferings of this present time are not worth comparing with the glory that is to be revealed to us.”
This passage reframes our struggle. The “groan” is the present suffering; the “glory” is the future revealed. The space between them is where true leadership lives. This is not a passive hope, but an active, gritty, and strategic journey of midwifing possibility into reality for people, corporations, and nations—all as an act of stewardship to God Almighty.
Part 1: Deconstructing “The Groan” – The Leadership Crucible
The groan is the pressure that forms the pearl. It is the tension between vision and current reality. For a leader, ignoring the groan is negligence; understanding it is wisdom; and navigating it is mastery.
A. The Personal Groan: The Weight of the Self
Before we lead others, we must lead ourselves, and this is where the first groans are heard.
· The Groan of Discipline: The 5 a.m. alarm to invest in personal development when comfort beckons.
· The Groan of Failure: The sting of a missed opportunity or a flawed decision that becomes the crucible of resilience.
· The Groan of Loneliness: The burden of confidential decisions that cannot be shared, borne alone in the quiet of one’s office.
· The Glory: This personal groan forges character, wisdom, and resilience. The leader emerges not just smarter, but wiser; not just skilled, but grounded. They become a source of stability for others because they have been refined in their own fire.
B. The Organizational Groan: The Birth Pangs of Innovation
Corporations and institutions do not transform through comfort. They evolve through necessary, and often painful, strain.
· The Groan of Innovation: The financial drain and uncertainty of R&D, where countless ideas die so that one might change the world.
· The Groan of Restructuring: The difficult, people-centric process of dismantling outdated systems to build more agile, future-proof models.
· The Groan of Cultural Shift: The exhausting, long-term work of rooting out toxicity and fostering a culture of trust, accountability, and empowerment.
· The Glory: This organizational groan yields market leadership, sustainable profitability, and a legacy brand. The company transitions from being a mere participant in the market to a shaper of it, creating products and cultures that define excellence.
C. The Societal Groan: The Labor Pains of a Nation
The most complex groans are those of nations and communities. They are collective, historic, and deeply felt.
· The Groan of Justice: The relentless, multi-generational struggle against corruption, inequality, and systemic oppression.
· The Groan of Reform: The short-term political and economic pain endured for long-term national benefit—be it in education, infrastructure, or economic policy.
· The Groan of Unity: The challenging work of forging a common identity and shared purpose out of diverse, and often divided, peoples.
· The Glory: This societal groan builds prosperous, just, and stable nations. It results in a legacy of peace, a high quality of life, and a society where human potential can flourish for generations to come.
Part 2: The Global Landscape: Groans Heard Around the World
This “Groan to Glory” framework is not theoretical; it is actively unfolding on the global stage.
· Local Context (Example: A Community Leader): A small-town mayor groans under the weight of a dying main street and youth exodus. The “glory” is not achieved by a single grant, but through the grueling work of rallying local businesses, attracting new investment, and revitalizing community pride—a glory seen in a thriving, vibrant town a decade later.
· Corporate Context (Example: The Tech Industry): The entire tech sector is in a prolonged “groan” over ethical AI. The tension between breakneck innovation and societal safety is immense. The “glory” will belong to the leaders and corporations who navigate this groan successfully, establishing a new paradigm for responsible and transformative technology.
· Global Context (Example: The Energy Transition): Nations worldwide are groaning through the transition from fossil fuels to renewable energy. This involves economic disruption, geopolitical shifts, and technological hurdles. The “glory” will be a sustainable planet, energy independence, and new frontiers of economic opportunity for those nations that lead the way.
Part 3: The Leader as a Midwife of Glory: A Sacred Stewardship
Our role as leaders in every sector is not to avoid the groan, but to lean into it with purpose and perspective. We are, in the most sacred sense, midwives of possibilities.
Our core function is to “deliver possibilities.” This means:
1. Seeing the Potential: Visioneering the “glory” hidden within the present struggle.
2. Creating the Space: Building cultures and systems where the groan is acknowledged as part of the process, not a sign of failure.
3. Providing the Resources: Equipping our people and our organizations with the tools, trust, and time to persevere.
4. Guiding the Process: Steering the tension with wisdom, making the tough calls, and protecting the vision from short-sighted compromises.
And all of this is “to the glory of God Almighty.”
This is the ultimate “Why” that redefines success. When we lead with this mindset:
· Our ambition is purified. Success is no longer about our ego but about our stewardship. The thriving corporation becomes a testament to God’s principles of order, creativity, and excellence.
· Our endurance is fortified. Knowing that our labor in the Lord is not in vain (1 Corinthians 15:58) provides a resilience that worldly motivation cannot match.
· Our legacy is eternal. The “glory” we help reveal—a transformed life, a righteous organization, and a flourishing nation—becomes part of a story far bigger than our own.
Conclusion: Embracing the Sacred Tension
The journey from groan to glory is not a straight line. It is a cycle, a spiral of continuous growth and challenge. The glory of one achievement simply reveals the next horizon, and with it, a new, necessary groan.
Do not despise the groan. Do not fear it. Name it. Honor it. Lead through it.
For it is in this sacred tension that true leadership is forged. It is here that we partner with the Divine in the holy work of unlocking the God-given possibilities buried within our people, our organizations, and our nations.
The world is waiting for leaders who are not afraid to groan, for they are the only ones who will ever truly see the glory.
Let us lead accordingly.
Dr. Tolulope A. Adegoke, AMBP-UN is a Recipient of the Nigerian Role Models Award (2024), and a Distinguished Ambassador For World Peace (AMBP-UN). He has also gained inclusion in the prestigious compendium, “Nigeria @65: Leaders of Distinction”.
Gunmen have abducted the Deputy Speaker of the Kebbi State House of Assembly, Samaila Bagudu, in his hometown, Bagudu Local Government Area.
Sources said the gunmen stormed Bagudu town on Friday, shooting indiscriminately. According to the sources, the deputy speaker was abducted shortly after finishing his prayers and leaving the mosque for his home.
The Chief Press Secretary to the Kebbi State Government Ahmed Idris confirmed the abduction to Channels Television.
Efforts to obtain further details from the Kebbi State Police Command on the incident proved abortive.
Also confirming the abduction, the Kebbi State Police Command described the attack as “regrettable and unacceptable.” In a statement issued by the Police Public Relations Officer, CSP Nafiu Abubakar, on behalf of the Commissioner of Police, CP Bello M. Sani, the Command vowed to rescue the Deputy Speaker unhurt.
According to the statement, a coordinated security response involving Police tactical units, military forces, and local vigilantes was immediately activated to track the kidnappers.
The joint team has since been combing suspected routes and forested areas around Bagudo in search of the abducted lawmaker.
The Command noted that the operation is being executed with precision and urgency, leveraging intelligence networks to narrow down possible hideouts of the armed group believed to be behind the abduction.
“The Police Command remains committed to ensuring the safe return of the Honourable member and the arrest of the perpetrators of this dastardly act,” the statement read in part.
Commissioner of Police Bello Sani, while addressing the press, reiterated the Command’s dedication to safeguarding lives and property across the state.
He described the incident as a test of the Command’s resilience and promised that no effort would be spared in bringing the culprits to justice.
He also assured the people of Kebbi State that peace and security remain top priorities for the Command, urging residents to remain calm and cooperate with security agencies by providing credible information that could aid investigations.
CP Sani expressed appreciation for the swift support of the Nigerian Army and local vigilante groups, noting that their synergy demonstrates a unified front against banditry and criminal violence in the state.
