Skip to content

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • Otu Appoints Francisca Bassey As Unicross Substantive VC Cross River News
  • “I Am A Proud APC Member”: CR House Of Reps Member Refutes Link To ADC Cross River News
  • Death Is Sweeter Abroad: A Satirical Allegory On The Nigerian Political Condition! Features
  • CR Senator Maintains Buhari Was A Steadfast Patriot Cross River News
  • Man Electrocuted, Dies Trying To Steal PHCN Cables In Calabar South  Cross River News
  • Gov Otu Mourns Buhari, Says Nigeria Has Lost A Towering Symbol Of Discipline & Integrity Breaking News
  • Cross River Born Abuja Based Pastor Shocks Widow With 4-Bedroom Bungalow Gift Cross River News
  • UNICAL: Shock As 300 Dental Students Discover Dept Had No Accreditation  Cross River News

Nigeria’s Former Senate President May Lose Oil Palm Estate In C’River As Revocation Threats Fly

Posted on April 17, 2025 By Admin No Comments on Nigeria’s Former Senate President May Lose Oil Palm Estate In C’River As Revocation Threats Fly
Saraki

There are indications that former Senate President, Bukola Saraki, may lose the vast 12,400 Ayip Eku Oil Palm Estate in Akamkpa LGA, Cross River State, operated by Ningsong M-House Oil Palm Ltd, a company owned by him, after Cross River State government officials flew the kite that the estate may, in the next one month, be taken back by the state government.

Confirmed government sources had initially dropped hints about a take back of the estate citing complaints of neglect, leaving most parts of the estate fallow.

Johnson Ebokpo, Commissioner for Agric and perhaps the highest level state government officials, so far, to comment on this situation, openly stated that a horde of complaints and petitions are mounting against Saraki’s firm, with even the host community backing calls for a new investor to succeed Ningsong.

Responding to the petitions, www.calitown.com was informed that the Cross River State Government, has given Saraki’s firm one month to submit a comprehensive plan to revamp the estate or the CRS House of Assembly will commence plans to process a takeover with accompanying legislation.

We were also reliably informed that the five landlord communities of Iku, Abung, Akor, New Ndebiji and Okarara communities have consistently maintained that Saraki’s firm has failed to implement the terms of reference entered into, has refused to shoulder her corporate social responsibility to the communities and is instead veering into illegal timber logging in the Cross River National Park.

But Moyi Ladoja, Managing Director of Saraki’s firm, denied that they were into logging and pleaded for two months to enable them properly detail their development plans.

The Cross River State-owned Ayi Eku Oil Palm Estate was privatised in 2007 under the administration of President Olusegun Obasanjo.

Share this post:

Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on WhatsApp Share on Telegram
Cross River News, News

Post navigation

Previous Post: “By 2031, I Will Leave Cross River State Significantly Better Than I Met It” – Gov. Otu
Next Post: From Fragments To Force: NORTHCCO’s Bold New Dawn

Related Posts

  • CR 2015: Six Aspirants Screen For Gov’ship In PH, Legor Idagbo Absent Cross River News
  • Gov. Ayade Arrives Calabar, Supporters Brandish Casket Cross River News
  • This Is Not The Time To Keep Quiet! News
  • Anthony Ukpo, Former Rivers State Military Gov. Passes On News
  • Cross River PDP Senatorial Aspirant Leaves PDP Cross River News
  • Archbishop Joseph Edra Ukpo: A Saint And Pioneer Goes Home Cross River News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Comments

  • Kelvin hart on UNICAL: Shock As 300 Dental Students Discover Dept Had No Accreditation 
  • Anonymous on UNICAL: Shock As 300 Dental Students Discover Dept Had No Accreditation 
  • Etim Maxwell on 45 Prison Inmates Regain Freedom As C’River Gov Grants Them Pardon  
  • Ekubi Bassey on Wife, Mother-in-law, Sister-in-law, Doctor & Catholic Priest Bag Jail Terms Over Lawyer’s Murder In Akwa Ibom

ADVERT: Click to Watch!

https://calitown.com/wp-content/uploads/2017/10/VID-20170928-WA0003.mp4
  • For Emmanuel Utum Solomon Ubi: A Wake Up Call! Features
  • From The Archives: Tribute To John Odey! Cross River News
  • Ndoma-Egba Finally Weds Wife, Amaka In Rome Cross River News
  • Legal Battle To Free Ifere Paul Begins Cross River News
  • Who Will Tell Governor Ayade? PART 1. Cross River News
  • Referendum Will Be Short Cut To Ogoja State – Orok Duke News
  • BREAKING: Fire Burns Down Nigerian Navy Sec School Hostel Breaking News
  • Popular Akwa Ibom Comedian, Okon Lagos Fumbles, Whipped On Social Media News

CALITOWN
...News, Here, Everytime

Quick Menu

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational

Copyright © 2021 calitown
172 Greenwood Avenue , Hull. East Yorkshire. HU6 9NY

Powered by PressBook News WordPress theme