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Opinion: OMS: The Missing Links in Hosa Okunbo’s Tale

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By Anthony Badmus

Ordinarily, the attempt by Captain Hosa Okunbo to obfuscate the real issues and confuse the public through a massive manipulative media onslaught should be dismissed as a desperate and futile effort to clean his Augean stable. However, the inept and unskillful manner of his media campaign has only revealed to the discerning mind the missing links and his deliberate attempt to sidestep, if not totally avoid, addressing the substance of the issues in contention.

The issues in contention are crystal clear and unambiguous. The deliberate and orchestrated campaign to demonise Tunde Ayeni, a major investor and co-founder of Ocean Marine Services Ltd has failed to achieve its intended purpose but has rather resulted in leaving people wondering why the substance of the critical issues recently brought to fore in the public domain have been intentionally left unattended to.

Captain Okunbo wants Nigerians to believe that Tunde Ayeni has irrationally relinquished his shares in Ocean Marine Services to him. His claims are premised on an illogical notion that a highly discerning and successful entrepreneur such as Tunde Ayeni sold the totality of his over 30% equity stake in OMS, a multi-million dollar going concern valued well in excess of US$100 million, for a paltry sum of N2 billion (US$4.5 million) and a little change. He wants the corporate Nigeria to buy into the false narrative that a business strategy aimed at ensuring that huge debts owed the company was recouped was actually a forfeiture of investment decision, thereby resulting in a situation where he, Okunbo, has become the absolute Lord of the OMS Manor, whilst the man whose idea and contacts gave birth to the investment can take a dive.

However, it is common knowledge that deception has its limits and treachery has its expiry date. Discerning corporate players are not taken in by Okunbo’s wasteful media antics and the attempts to give a bad name to the one on whose back he rode to wealth and stardom. Assuming, without conceding, that his erstwhile Partner’s investments are now his in return for the proverbial bowl of pottage, a la Essau, does that, in any way, extinguish the critical corporate issues bordering on the illicit diversion of OMS’s corporate revenues that Okunbo has been called out to address?

Many still wonder what type of media battle is this that fails to address the salient issues that could clear his name once and for all, provoking the question: “Why is Okunbo dodging confronting the real issues?”

The critical issues here are gross mismanagement, stealing and criminal diversion of company funds. This matter is fundamentally about the abuse of business ethics and corporate governance for selfish ends.

Why is Okunbo maintaining a deafening silence on the allegation of the unauthorised withdrawal of $10 million allegedly spent on settling a Senate Hearing on one of the Subsidiary Companies, Secured Anchorage Area, SAA? When did the Board sit to approve such bizarre expenditure and on what basis?

Why is the recently deposed King Maker of Edo State Politics not in town to address the issue of the alleged illegal withdrawal of $8 million allegedly and supposedly spent on the Presidency, whatever that means. That withdrawal, which is what EFCC is currently investigating, was claimed to be funds withdrawn to take care of the dispute between the company and Ministry of Transportation and the Nigeria Ports Authority, NPA.

Why is this self-acclaimed Lord of the OMS Manor with intimidating resources to buy all available media spaces and pages not addressing the gross allegation of diverting $5.5 million, being the proceeds of the sale of the company’s Challenger Aircraft, to his personal farm in Benin?

And this is not all. The EFCC is also beaming its searchlight on the company’s $5 million, which Okunbo allegedly singlehandedly withdrew and claimed to have invested in an oil block owned by Star Oil as a 5 per cent stakeholder.

Another key issue that will engage the attention of the anti graft agency is the $1 million which the Captain allegedly claimed to have borrowed from the company but which he has refused to pay back.

The alleged infractions are legion. How does one justify a claim by a company Chair that he expended $30 million on a film on Oil Spill in the Niger Delta Region and expect investors and, even the long suffering Niger Delta people to be excited?

But the mother of all infractions appears to be Okunbo’s recent political misadventure in Edo State where he threw in an intimidating war chest which unfortunately yielded a colossal failure. An unspecified amount of money estimated at about $18 million allegedly withdrawn from the company’s account, was said to have been expended on that costly political misstep.

The EFCC definitely has its job clearly cut out for it in respect of the many infractions at OMS.
Okunbo will be explaining to the anti graft agency why he singlehandedly moved the company’s account from Polaris Bank to StanbicIBTC and thereby abandoning the loan repayment commitment by the company to the consortium of banks that funded the acquisition of Ibadan and Yola Electricity Distribution Companies. The loan currently is about $100 million.

As damning and mind boggling as these issues are, corporate watchers find it strange that at OMS’ so-called Board meeting of December 17 2020, the Board could only have a one line response to the issues raised as follows: “…that its accounts are in good and correct order and its funds are intact and not missing, misappropriated or otherwise mismanaged.” Of course, the so-called Board members are his minions and those with insignificant stakes in the company.

That the ‘Board’ could take such major issues bordering on corporate governance and accountabily with such levity and treat Nigerians with such disdain speaks to the mindset of this Lord of the Manor who must have convinced himself that he could get away with any infractions since, in his worldview, everything and everyone has got a price.

But the day of reckoning draws closer and it is just a little more time before Nigerians will find out that some gods truly have feet of clay.

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International Day of the Girl-Child: Pad Me A Girl Foundation Holds Menstrual Health Outreach in Ogun

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The Pad Me A Girl Empowerment Foundation has taken its menstrual health campaign to Igbesa High School (Junior), in Ado-Odo/Ota Local Government Area of Ogun State, providing free sanitary pads, menstrual hygiene pamphlets, exercise books and pens to over 100 schoolgirls to promote menstrual health, dignity and education.

The outreach, held on Wednesday, October 21, commemorated the 2026 International Day of the Girl Child, whose global theme is “End Child Marriage and Invest in Girls’ Rights!”

The programme brought together girls from Junior Secondary School (JSS) 1 to 3 who participate in the school’s reading clubs for mentorship, reading activities and menstrual health education.

It was convened by Oyelami Yetunde Anuoluwapo and Blessing Kappo, teachers and Teach For Nigeria Fellows at the school, following an appeal for sanitary products, learning materials and health education support. The Foundation’s founder, Theresa Moses, responded by providing the requested items and facilitating an interactive session on menstrual hygiene management.

Speaking at the event, Moses said she was inspired by the girls’ determination and aspirations, stressing the need for sustained investment in their health, education and future.

“Invest in girls and Nigeria will rise. Every girl deserves dignity, education and the right to dream beyond child marriage. That is why we are here; to ensure no girl misses school because of her period,” she said.

She emphasised that access to menstrual hygiene products and accurate information helps girls manage their periods confidently and participate fully in school activities.

In a letter of appreciation, Oyelami and Kappo described the outreach as impactful and inspiring, noting that it enhanced the girls’ understanding of menstrual health, hygiene and self-confidence. They also said the support would help promote the students’ hygiene, school attendance and dignity.

“You did not just give pads; you gave our girls confidence and hope,” the teachers wrote on behalf of the school community, expressing gratitude to the Foundation and hope for future collaboration.

Mrs Amarachi Eze, Assistant Divisional Commissioner of the Nigerian Girl Guides Association, Ado-Odo/Ota, Ogun State Branch, also commended the Foundation for supporting the girls’ hygiene needs and development.

“We sincerely appreciate the Management of Pad Me A Girl Foundation for joining hands with the Association in supporting our girls on hygiene management. May God Almighty continue to uplift your foundation. Thanks for joining hands in the development of girls in our schools. Bravo,” she said.

The Foundation’s Media Coordinator, Mr Oluwatosin Simon Faleye, called on corporate organisations, non-governmental organisations and well-meaning Nigerians to support initiatives that address period poverty and help girls remain in school.

“For over a year, we have been committed to ending period poverty and keeping girls in school. We call on corporate organisations and well-meaning Nigerians to support this cause for the betterment of Nigeria,” Faleye said.

The celebration also featured a student drama presentation highlighting the effects of child marriage, alongside reading and mentorship activities designed to encourage the girls to understand their rights, value their education and pursue their aspirations.

The Foundation also acknowledged the continued support of its sponsors and partners, including Access Bank, Pro Star Sports International, BL Consulting, Vita Baites Foods, Checkers, Senator Ireti Kingibe, representing the Federal Capital Territory (FCT) in the 10th Nigerian National Assembly, the Senate Committee on Women Affairs (SCOWAS), as well as individuals and media organisations whose contributions have supported its broader mission of ending period poverty, promoting menstrual health education and empowering girls and women.

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Otti Set to Flag Off Reconstruction of Two Major Roads in Aba

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Abia State governor, Alex Otti, is set to flag off the reconstruction of Uratta Road and Old Express Road in Aba, two major routes which poor condition has disrupted transportation, commercial activities and access to residential communities for years.

The governor’s media aide, Ferdinand Ekeoma, in a statement on Wednesday, said that work on the roads has begun ahead of the scheduled official flag-off.

The two roads are considered important to Aba’s commercial and industrial activities, with Uratta Road connecting several adjoining streets to Port Harcourt Road and Old Express Road. At the same time, Old Express Road serves as a key route within the city’s industrial layout.

Ekeoma said the roads had suffered neglect for more than 24 years, leaving some sections impassable and forcing residents and businesses to contend with difficult transportation conditions.

According to the statement, Uratta Road provides access to more than 100 adjoining streets. Its poor condition has affected residents, traders and small-scale manufacturers who depend on the road to transport goods and access their businesses.

The statement said the road had become waterlogged and overgrown with weeds, discouraging commercial motorcycle and tricycle operators from using it.

Similarly, the deterioration of Old Express Road forced heavy-duty truck operators, fabric merchants, spare-parts dealers and small businesses to use longer routes, increasing transportation costs and affecting productivity.

The government said the road reconstruction is part of its broader effort to restore Aba’s infrastructure and strengthen the city’s commercial base.

Aba, one of southeastern Nigeria’s major commercial centres, hosts manufacturing clusters, markets, and small and medium-sized enterprises that depend heavily on functional roads to move raw materials and finished products.

The government said the reconstruction would improve market access, reduce transportation costs, facilitate the movement of goods, and support businesses operating along the affected corridors.

Ekeoma cited the reconstruction of Port Harcourt Road as an example of the administration’s infrastructure programme, noting that improved road access encouraged shops to reopen, attracted manufacturing activities and increased property rents along the corridor.

The government also said the new projects would complement other road interventions in Aba, including works on Ohanku and Obohia roads, as part of efforts to improve connectivity within the commercial city.

Beyond road construction, the administration said its projects include drainage systems, solar-powered streetlights, and pedestrian walkways, which it described as necessary to improve safety, accessibility, and flood resilience.

Ekeoma said Governor Otti views infrastructure development as an economic strategy rather than merely a construction programme, arguing that better roads would help businesses operate more efficiently and create employment opportunities.

He also quoted the governor as saying at an earlier church event that his administration is shifting attention from basic infrastructure improvements to healthcare, education, technology and industrialisation.

The governor, a former bank chief executive, was elected in 2023 on the Labour Party platform, defeating candidates from the major established parties in a state historically dominated by the Peoples’ Democratic Party.

Otti has remained in the Labour Party despite the defection of its 2023 presidential candidate, Peter Obi.

His administration has made rehabilitating Aba roads and public infrastructure central to its governance agenda, presenting the city’s recovery as essential to reviving economic activity across Abia State.

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Kano Sports Clinic: MILO, Ahmed Musa Support 2500 Young Footballers

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MILO Nigeria, in partnership with former Nigerian national team captain and MILO Brand Ambassador Ahmed Musa, has concluded the inaugural MILO × Ahmed Musa Sports Clinic and Tournament in Kano, providing 2,500 young footballers with professional coaching, mentorship and competitive football experience.

Over two weeks, participants took part in 10 coaching sessions and competed in matches under the guidance of Ahmed Musa and experienced coaches. The programme combined practical football training with lessons in teamwork, discipline, resilience and confidence, equipping participants with skills and values that extend beyond the pitch.

The initiative culminated in a tournament at the Ahmed Musa Sports Complex in Kano, where Khamis Football Academy emerged as champions of the inaugural edition. Participants also received cash prizes, certificates and football equipment.

Speaking on the initiative, Gilbert Tweneboah-Koduah, Category Lead, MILO, said: “At MILO, we believe sport is a powerful platform for young people to discover their abilities, build confidence and develop values that extend beyond the field of play. Our partnership with Ahmed Musa brings together MILO’s longstanding commitment to sports development and the experience of an athlete whose journey from grassroots football to the highest level of the game can inspire the next generation. By combining his experience with structured coaching and competition, this programme has given young footballers in Kano an opportunity to develop their skills, learn from experienced professionals and better understand the commitment required to pursue their aspirations.”

For the participants, the clinic offered an opportunity to learn from an athlete whose football journey began in northern Nigeria and progressed to the highest levels of the sport, making his experience a source of inspiration for aspiring players.

Commenting on the partnership, Ahmed Musa said: “Nigeria has incredible football talent, but talent alone is not enough. Young players need good coaching, regular competition and people who will guide them. I am proud to partner with MILO and share some of what football has taught me. My message to these players is simple: keep training, listen to your coaches and work hard every day to improve.”

Musa also called for greater investment in grassroots football, emphasizing the importance of giving young players access to quality coaching, structured development and regular competitive opportunities.

The MILO × Ahmed Musa Sports Clinic and Tournament builds on MILO’s longstanding commitment to youth development through sports in Nigeria. Through its school-based and grassroots sporting initiatives, MILO continues to create opportunities for young people to participate in sports, develop their abilities and embrace values that can support them both on and off the pitch.

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