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Nigerian Trade Minister, CAC, Police Accused of Complicity and Silence as Ghana Petitions River Park Estate Dispute to ECOWAS Court
Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, along with corporate regulators and security authorities, has been accused of silence and inaction amid the escalating River Park Estate crisis, now formally petitioned to the ECOWAS Court by the Ghanaian government. The dispute centres on allegations by Jonah Capital Limited and Houses for Africa Limited that the Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, SAN, unlawfully expropriated shares, removed directors extrajudicially and retroactively invalidated corporate filings dating back nearly two decades. Despite a formal petition submitted on December 8, 2025, accusing the CAC of abuse of power and actions detrimental to investor confidence, the Nigerian trade minister has remained publicly silent, raising concerns about regulatory capture and political shielding. The crisis has drawn diplomatic attention, with Ghana’s High Commissioner to Nigeria confirming that Accra has escalated the matter to ECOWAS after failed bilateral engagements, warning that the conduct of Nigerian authorities risks undermining investor protection, judicial processes and Nigeria–Ghana relations.
Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, along with corporate regulators and security authorities, has been accused of silence and inaction amid the escalating River Park Estate crisis, now formally petitioned to the ECOWAS Court by the Ghanaian government. The dispute centres on allegations by Jonah Capital Limited and Houses for Africa Limited that the Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, SAN, unlawfully expropriated shares, removed directors extrajudicially and retroactively invalidated corporate filings dating back nearly two decades. Despite a formal petition submitted on December 8, 2025, accusing the CAC of abuse of power and actions detrimental to investor confidence, the Nigerian trade minister has remained publicly silent, raising concerns about regulatory capture and political shielding. The crisis has drawn diplomatic attention, with Ghana’s High Commissioner to Nigeria confirming that Accra has escalated the matter to ECOWAS after failed bilateral engagements, warning that the conduct of Nigerian authorities risks undermining investor protection, judicial processes and Nigeria–Ghana relations.
Nigerian Trade Minister, CAC, Police Accused of Complicity and Silence as Ghana Petitions River Park Estate Dispute to ECOWAS Court
Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, along with corporate regulators and security authorities, has been accused of silence and inaction amid the escalating River Park Estate crisis, now formally petitioned to the ECOWAS Court by the Ghanaian government. The dispute centres on allegations by Jonah Capital Limited and Houses for Africa Limited that the Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, SAN, unlawfully expropriated shares, removed directors extrajudicially and retroactively invalidated corporate filings dating back nearly two decades. Despite a formal petition submitted on December 8, 2025, accusing the CAC of abuse of power and actions detrimental to investor confidence, the Nigerian trade minister has remained publicly silent, raising concerns about regulatory capture and political shielding. The crisis has drawn diplomatic attention, with Ghana’s High Commissioner to Nigeria confirming that Accra has escalated the matter to ECOWAS after failed bilateral engagements, warning that the conduct of Nigerian authorities risks undermining investor protection, judicial processes and Nigeria–Ghana relations.
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