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Adegboruwa drags Buhari to court, seeks nullification of AMCON board
Controversial Lagos Lawyer and Activist, Ebun-Olu Adegboruwa, Esq., of ‘Kogun Chambers has filed a fresh suit against the government of President Muhammadu
Buhari over the appointment of Asset Management Corporation of Nigeria [AMCON] Board.
[Image: Ebun-Olu Adegboruwa, Esq]
In a suit filed in the Federal High court based in Lagos, Mr. Adegboruwa, among other things, asked the court to determine:
1. Whether the appointment of the board by President Buhari is done in accordance with the provisions of AMCON Act 2010, and,
2. Whether the appointment of AMCON Executive Directors by Buhari is lawful and valid.
Barrister Adegboruwa also sought a declaration that the appointments of Executive Directors of AMCON, having been made without complying with section 10(1)c of the Asset Management Corporation of Nigeria Act 2010, are illegal, unconstitutional, null and void and of no effect whatsoever.
Below is the copy of the suit as obtained by Elombah.com”
IN THE FEDERAL HIGH COURT
IN THE LAGOS JUDICIAL DIVISION
HOLDEN AT LAGOS
SUIT NO: …………………..
BETWEEN:
EBUN-OLU ADEGBORUWA, ESQ. ) APPLICANT
AND
1. PRESIDENT MUHAMMADU BUHARI )
2. ATTORNEY-GENERAL OF THE FEDERATION ) RESPONDENTS
3. ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON)
4. KOLA AYEYE )
5. EBERECHUKWU UNEZE )
6. AMINU ISMAIL )
ORIGINATING SUMMONS
BROUGHT PURSUANT TO
1. SECTIONS 10 (1)c OF THE ASSET MANAGEMENT CORPORATION OF NIGERIA ACT 2010
2. AND UNDER THE INHERENT JURISIDICTION OF THIS HONOURABLE COURT.
RET MAJ-GEN MUHAMMADU BUHARI, RETD; ATTORNEY-GENERAL OF THE FEDERATION; ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON); KOLA AYEYE; EBERECHUKWU UNEZE; AMINU ISMAIL, within thirty days after service of this summons on them, inclusive of the day of such service, cause an appearance to be entered for them to this summons which is issued upon the application of Ebun-Olu Adegboruwa, Esq., of ‘Kogun Chambers, Jesus Arena, Itedo road, Off Admiralty Way, Lekki Peninsula Scheme 1, Lekki, Lagos who claims to be aggrieved and concerned with the appointment of the 4th, 5th and 6threspondents as Executive Directors of the 3rd respondent, by the 1strespondent , the said appointment having contravened the provisions of the Asset Management Corporation of Nigeria Act 2010, for the determination of the following questions;
ISSUES FOR DETERMINATION:
1. Whether the appointment of the 4th-6th respondents as Executive Directors of the 3rdrespondent by the 1strespondent is done in accordance with the provisions of the Asset Management Corporation of Nigeria Act 2010?
2. Whether the appointment of the 4th-6th respondents as Executive Directors of the 3rdrespondent by the 1strespondent is lawful and valid?
WHEREFORE the applicant seeks the following reliefs against the respondents:
5. A DECLARATION that the 1strespondent cannot appoint anyone, including the 4th-6th respondents, as Executive Directors of the 3rdrespondent, without complying with Section 10(1)C of the Asset Management Corporation of Nigeria Act, 2010.
6. A DECLARATION that the 1strespondent cannot appoint the 4th-6threspondents as Executive Directors of the 3rd respondent, without complying with section 10(1) C of the Asset Management Corporation of Nigeria Act 2010.
7. A DECLARATION that the appointments of the 4th-6threspondents as Executive Directors of the 3rd respondent, having been made without complying with section 10(1)c of the Asset Management Corporation of Nigeria Act 2010, are illegal, unconstitutional, null and void and of no effect whatsoever.
8. AN ORDER, forthwith nullifying, annulling, voiding, cancelling and invalidating the appointments of the 4th-6th respondents as Executive Directors of the 3rd respondent, having been made without complying with section 10(1)c of the Asset Management Corporation of Nigeria Act 2010.
9. A PERPETUAL INJUNCTIONrestraining the 4th-6th respondents from functioning as or further functioning as, from acting as or from further acting as, from parading or holding out themselves or further parading or holding out themselves as Executive Directors of the 3rd respondent in gross violation of 10(1)C of the Asset Management Corporation of Nigeria Act 2010.
Dated this …………………….day of …………………………..2015
GRACE OMOTOSHO (MRS)
ADEGBORUWA & COMPANY,
APPLICANT’S SOLICITORS,
‘KOGUN’ CHAMBERS, JESUS ARENA,
ITEDO ROAD, OFF ADMIRALTY WAY,
LEKKI PENINSULA SCHMEME 1,
LEKKI, LAGOS, NIGERIA
07028063198, 08033016673
Ebun_olu@yahoo.com
IN THE FEDERAL HIGH COURT
IN THE LAGOS JUDICIAL DIVISION
HOLDEN AT LAGOS
SUIT NO: …………………..
BETWEEN:
EBUN-OLU ADEGBORUWA, ESQ. ) APPLICANT
AND
1. MAJ-GEN MUHAMMADU BUHARI, RETD )
2. ATTORNEY-GENERAL OF THE FEDERATION ) RESPONDENTS
3. ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON)
4. KOLA AYEYE )
5. EBERECHUKWU UNEZE )
6. AMINU ISMAIL )
AFFIDAVIT IN SUPPORT OF ORIGINATING SUMMONS
I, EBUN-OLU ADEGBORUWA, Legal practitioner, Human Rights and pro-democracy activist, community leader and public defender of Lekki, Lagos, do hereby make oath and state as follows:
1. That I am the Applicant in this suit by virtue of which I am conversant with the facts deposed to in this Affidavit. Those facts I depose to in this affidavit are from my personal knowledge and as I am informed from other sources stated herein.
2. I am a citizen of the Federal Republic of Nigeria and a registered Legal Practitioner.
3. I am a Legal Practitioner resident and carrying on legal practice in Lagos and other parts of Nigeria. I am bound by the laws of Lagos State and of other parts of Nigeria and interested in the running of the affairs, administration and government of Federal Republic of Nigeria.
4. I contribute to the economic prosperity of Lagos State and of Nigeria; I pay my tax and partake in other various ways in the development and progress of Lagos State and of Nigeria. I am also an employer of labour in Lagos State and other parts of Nigeria whose income can be and indeed will be affected in one way or the other by the running of the administration and government of Nigeria.
5. I am permanently resident in Lekki, Lagos, Nigeria and I am daily affected by the economic, political and other policies and programmes of the government of Nigeria.
6. My law office and library are based in Lekki, Lagos State.
7. I am a leader in my church and in my community where I reside in Lagos. I am listed in Nigeria’s who is who and I have a great stake in the outcome of the leadership and administration of Nigeria.
8. I have been an activist for most part of my life defending the rights of the masses. I was Public Relations Officer of the Student’s Union of Obafemi Awolowo University, Ile-Ife and later President of the same union. I was a member of the senate of the National Association of Nigerian Students (NANS). I am a member of Committee for the Defence of Human Rights (CDHR), Civil Liberties Organization (CLO), Campaign for Democracy (CD), President, GSM Subscribers and other Phone users Association of Nigeria and founder of Law and Justice Forum and Millennium Legal Support Services.
9. I have been involved in the struggle for the emancipation of the masses of the people of Nigeria whilst in school and after school, leading to my appointment as Secretary of Joint Action Committee of NADECO in 1997. I have been arrested, detained and maliciously prosecuted in the course of defending the rights of the people of Nigeria, leading to my arrest and detention in Enugu, in various police stations in Lagos during the struggle for the actualization of the June, 12 1993 election and at the Directorate of Military Intelligence for more than six months.
10. I am interested in and have a stake in the way and manner Nigeria and other States are governed having suffered and sacrificed for the enthronement of democratic rule in Nigeria.
11. On several occasion, I have applied as a Legal Practitioner on behalf of my numerous clients to defend the cause of the masses and fight against injustice to the lives and property of the citizens of Nigeria.
12. In my capacity as a stake holder in this country, I have at every point campaigned vigorously for good governance, rule of law, enthronement of democratic culture in Nigeria and Diaspora.
13. I also on a number of occasion mobilized people to take part in democratic activities.
14. Thus, matters, issues and disputes concerning the office of the Respondents are of tremendous concern to me considering the role the occupants of such office play in the destiny of this nation.
15. As a responsible citizen of Nigeria, I duly registered as a voter to perform my civic duty as expected of me as a good and law abiding citizen of this great country in the last national election that produced the 1st Respondent. Attached herewith and marked Exhibit A is the copy of my Permanent Voter’s card.
16. That since May 29 when the 1st respondent was sworn in as Presidnet of Nigeria, he has not appointed Ministers as required by the Constitution.
17. That on the 19th of August 2015, the 1st respondent appointed the 4th-6th respondents herein as Executive Directors of the 3rdrespondent. The appointments were widely published in both print and electronic media all over the country. A copy of the electronically printed out page of the ThisDay newspaper dated the 19th of August 2015, is hereby attached and marked Exhibit B.
18. I know as a legal practitioner of many years standing, a pro-democracy activist of over 20 years, a human rights crusader and stakeholder in the business of Nigeria that the said appointment does not conform with the Section 10(1)c of the Asset Management Corporation of Nigeria Act 2010.
19. That Section 10(1)c of the Asset Management Corporation of Nigeria Act 2010 provides for the appointment of executive Directors of the 3rd respondents by the 1strespondent in consultation with the Minister of Finance. Since the 1stRespondent was sworn in on May 29, 2015, till the date of the appointment of the 4th-6threspondents and even up till the date of filing this suit, no person has been appointed into the office of Minister of Finance for the Federal Republic of Nigeria.
20. I verily believe that as the position of the Minister of Finance in Nigeria has been vacant, the said appointment of the 4th-6threspondents could not have been made in accordance with the provisions of the Asset Management Corporation of Nigeria Act 2010, as there is no substantive minister of finance for the 1st respondent to consult with.
21. I verily believe that it will be in the interest of Justice if the Honourable Court declares the said appointment of the 4th -6threspondent being illegal, null and void.
22. I, EBUN-OLU ADEGBORUWA, do solemnly and conscientiously swear to this affidavit in good faith believing the contents thereof to be true and in accordance with the Oaths Act.
……………………
D E P O N E N T
Sworn to at the Federal High Court Registry, Lagos,
this………day of…………………2015
BEFORE ME
…………………………………….
COMMISSIONER FOR OATHS
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Israeli Defence Minister Israel Katz has issued a fierce warning to Hamas, declaring that Gaza City will face complete destruction if the militant group refuses to accept Israel’s conditions for ending the war.
Katz, in a statement shared on social media on Friday, August 22, 2025, used sharp words to describe Israel’s next steps.
He said the “gates of hell” would open on Hamas if it failed to disarm and release all hostages.
“Soon, the gates of hell will open upon the heads of Hamas’s murderers and rapists in Gaza until they agree to Israel’s conditions,” Katz wrote.
He added that if Hamas refused, Gaza City would suffer the same fate as Rafah and Beit Hanoun, two cities previously flattened by Israeli offensives.
His comments mark one of Israel’s strongest warnings since the escalation of the conflict.
The minister’s remarks came only hours after Prime Minister Benjamin Netanyahu announced that negotiations had been ordered to free the hostages held in Gaza.
Netanyahu explained in a video address that Israel’s military operation in Gaza City would not stop during talks. “Defeating Hamas and releasing our hostages go hand in hand,” he said.
The prime minister also confirmed the mobilisation of 60,000 reservists to join the offensive.
Meanwhile, mediators have been waiting for Israel’s response to a ceasefire plan that Hamas accepted earlier in the week.
The proposal suggests a phased release of hostages, but Israel insists that only a deal ensuring the release of all captives at once will be accepted.
Israel’s hardened stance has sparked growing concern worldwide.
International leaders have cautioned that an expanded assault on Gaza City could worsen the humanitarian disaster already unfolding in the region.
Gaza’s health ministry says more than 62,000 Palestinians, most of them civilians, have been killed since Israel’s military campaign began.
The United Nations considers these figures credible.
The war was triggered by Hamas’s October 2023 attack, which left 1,219 people dead in Israel, mostly civilians.
Since then, the conflict has intensified, with both sides showing little sign of compromise.
With Katz’s threat to turn Gaza City into rubble if demands are not met, the conflict appears to be entering an even deadlier stage.
The international community continues to press for a ceasefire, but Israel’s leadership insists that victory over Hamas and the release of all hostages remain its top priorities.
The National Agency for Food and Drug Administration and Control (NAFDAC) has raised alarm over the circulation of fake Cowbell “Our Milk” 12g sachets in Nigeria.
In a statement issued on Friday, August 22, 2025, the agency explained that the counterfeit milk is packaged to look like the discontinued Cowbell “Our Milk,” but it is unauthorised and unsafe for consumption.
NAFDAC clarified that Promasidor Nigeria Ltd, the authentic manufacturer, stopped producing Cowbell “Our Milk” in September 2023.
The product was replaced with Cowbell “Our Creamy Goodness.” Despite this, fake versions of the old product have found their way into Nigerian markets.
Picture of Fake cowbell milk.
The counterfeit sachets bear the brand name, NAFDAC registration number, and familiar packaging design, making them difficult for unsuspecting buyers to identify as fake.
Health Dangers of Fake Cowbell Milk
NAFDAC warned that the consumption of these counterfeit products poses serious health risks.
Fake milk could contain toxic chemicals, harmful additives, or diluted ingredients that endanger human health.
Infants, children, pregnant women, and the elderly are the most vulnerable. Possible dangers include:
- Foodborne illnesses
- Allergic reactions
- Organ damage
- Long-term health complications
- In extreme cases, death
Counterfeit Product Details
- Product Name: Cowbell “Our Milk” 12g sachet
- Purported Manufacturer: Promasidor Nigeria Ltd
- Production Date: 04/2025
- Expiry Date: 12/2028
Picture of original cowbell milk.
NAFDAC Issues Strong Warning
The agency urged Nigerians to remain vigilant and avoid purchasing the counterfeit milk.
Healthcare professionals, distributors, and consumers have been advised to report suspicious sales of substandard or fake products immediately.
Reports can be made through:
The nearest NAFDAC office
Toll-free line: 0800-162-3322
Email: sf.alert@nafdac.gov.ng
NAFDAC also called on traders and retailers to stop selling the fake sachets.
The agency assured the public that strict enforcement measures are being taken to remove the counterfeit products from circulation.
This is not the first time Nigerians have faced risks from fake food and beverages.
Experts warn that counterfeit consumables are becoming more sophisticated, often making them difficult to spot.
Consumers are advised to always check product details, expiry dates, and packaging changes announced by manufacturers.
By highlighting the dangers and raising awareness, NAFDAC says it hopes to protect Nigerians from avoidable health crises linked to fake milk products
Former Labour Party presidential candidate Peter Obi has slammed the Federal Government’s approval of ₦142 billion for the construction of bus terminals across Nigeria, describing it as a reckless misplacement of priorities.
Obi issued a statement on Friday, August 22, via his Official X formerly Twitter platform, warning that the project reflects poor leadership and lack of focus in managing Nigeria’s limited resources. He titled his statement, “₦142 Billion for Bus Terminals.”
According to him, the true test of leadership is how scarce resources are prioritized.
He stressed that investing such a huge amount in bus terminals while critical sectors like healthcare suffer shows a government that is out of touch with citizens’ realities.
Obi said: “The difference between success and failure in any nation is how leaders prioritise resources.
The decision to spend ₦142 billion on six bus terminals exposes a lack of competence and vision. It is a clear sign of poor leadership.”
The Federal Executive Council had recently approved the funds for the construction of one modern bus terminal in each of the six geopolitical zones.
The government described it as part of efforts to modernise transport infrastructure and improve mobility nationwide.
But Obi strongly disagreed. He compared the allocation to healthcare funding, pointing out that the combined budget for all teaching hospitals and federal psychiatric centres in Nigeria is less than ₦100 billion in the 2024 budget.
“This is disturbing,” Obi continued, “because health remains one of the most critical sectors of development. Yet it is underfunded and deteriorating rapidly.
The World Health Organization has reported that over 20 million Nigerians live with mental health conditions.
This is a tragic irony. How can the government ignore this crisis and focus on bus terminals?”
He argued that the health sector, alongside education and poverty reduction programs, deserves priority attention.
Obi insisted that until government spending reflects the real needs of Nigerians, the country will remain trapped in poor governance.
Many Nigerians have also taken to social media to express anger, echoing Obi’s concerns. Critics argue that the decision proves the Federal Government is disconnected from the economic struggles of ordinary citizens.
For Obi, the ₦142 billion project is not just a case of wrong timing.
He sees it as a clear example of governance failure and misplaced priorities.
Former Super Eagles defender, Taribo West, has strongly criticized the treatment of Nigerian football legends, vowing never to encourage his son to set foot in Nigeria due to the neglect shown to the country’s sports heroes after their deaths.
Speaking passionately during the burial ceremony of late goalkeeper Peter Rufai, in a video shared by News Central on Friday, the former Inter Milan star expressed his deep disappointment with the Nigeria Football Federation (NFF) and the Lagos State Government for allegedly abandoning Rufai’s family during their time of need.
“It’s disheartening that you have Lagos State, you have the Nigerian Football Association, and yet they drop the entire burden on the family,”West lamented.
He revealed how deeply Rufai’s passing affected him, saying: “My mother passed on, I never shed tears. My father passed on in my hands, I never shed tears. But when Rufai passed on, I had goose pimples all over my body. Tears were rolling down my cheeks. What kind of nation is this?”
West didn’t hold back in recalling similar neglect faced by other late football icons like Stephen Keshi, Rashidi Yekini, and Thompson Oliha.
He condemned the consistent abandonment of ex-players who had sacrificed so much for the country, stating that such treatment discourages him from allowing his children to represent Nigeria in football.
“With this kind of example, I will never advise even my son to put his feet for this country. Send me out! Do we have a Football Federation or a Football Association in this Lagos State? That this hero, this soldier, this football evangelist, has to be treated this way in his family”, he said.
The former defender also highlighted the financial struggles faced by Rufai’s family, revealing that they had to solicit funds from friends and well-wishers just to cover burial costs.
“Could you imagine that the family would be crying just to solicit within our groups to ask for money? That is madness”, he exclaimed, visibly frustrated.
Peter Rufai, fondly known as “Dodo Mayana,”was Nigeria’s first-choice goalkeeper during the nation’s victorious 1994 Africa Cup of Nations campaign and its debut at the FIFA World Cup the same year.
He passed away in July 2025, leaving behind a legacy that has reignited conversations about the lack of support and respect for retired athletes in Nigeria.
A heartbreaking tragedy unfolded on Friday morning in Amakpu Okuku community, Owerri West Local Government Area of Imo State, as residents discovered the lifeless body of a man in his 50s, identified simply as Odomma, who reportedly died by suicide.
The father of four, who earned a living selling water in jerry cans and buckets, had been battling severe financial hardship, leaving him unable to adequately provide for his family.
Odomma’s body was found hanging in an unfinished building near his home, a grim discovery that shook the community as locals went about their daily routines.
According to residents, Odomma had expressed frustration about his struggles months earlier, threatening to end his life due to the alleged neglect by his wife and children, who reportedly stopped providing him with food because he couldn’t support the household.
A community member, Ikenna, shared insights into Odomma’s despair, saying:
“He said if the situation continued, he would take his life to end the misery. We advised him to report the matter to the village head for settlement. Sadly, he chose this path. Just see how this man ended his life because of money. He could have sold his GP tank or generator to get food, but he decided to take his life. Now others will gather to eat, and he won’t be part of it.”
Eyewitnesses described a chaotic scene as dozens of residents rushed to the unfinished building, some capturing videos of the lifeless body on their phones.
Known for his affordable water sales, with prices starting from ₦100, Odomma was regarded as a hardworking man, though visibly depressed in recent months.
Efforts to confirm the incident with the Imo State Police were inconclusive. Police Public Relations Officer Henry Okoye initially promised to verify the details with the Divisional Police Officer in Owerri West but could not be reached for further updates as of the time of this report.
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