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AIICO Insurance Denies False Allegations, Sues Obinna Nwosu Over Defamation

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BY NKECHI BAECHE-ESEZOBOR—In a decisive move to protect its corporate reputation, AIICO Insurance Plc has taken legal action against a dismissed agent, Mr. Obinna Adolphus Nwosu, suing him for defamation after he circulated unsubstantiated claims to regulators, the media, and the general public.

For the avoidance of doubt, Mr. Nwosu’s appointment as an agent of AIICO Insurance Plc was terminated. Following the termination of his appointment, the Company published a public notice in national newspapers on 26 June 2025, expressly warning customers and members of the public against continuing to transact or maintain any business relationship with him on behalf of, or in connection with, AIICO Insurance Plc.

A statement released by the company reads: “AIICO Insurance Plc has become aware of a sustained campaign of false and misleading allegations being circulated by Mr. Obinna Adolphus Nwosu, a former agent of the Company, to various stakeholders, including regulatory authorities, law enforcement agencies, media organisations, bloggers, employees and other members of the public.

“Notwithstanding this, Mr. Nwosu has continued to circulate false and misleading narratives about the Company through various channels, including digital platforms and direct communications with stakeholders.

“His persistent and increasingly aggressive efforts to disseminate these claims have the potential to cause unwarranted damage to the Company’s reputation and create unnecessary concern among its employees, customers and other stakeholders.

“AIICO Insurance Plc wishes to state unequivocally that these allegations are false and should be treated with the utmost caution. Rather than engage in a media exchange or submit to a trial in the court of public opinion, the Company has elected to pursue the matter through the appropriate legal channels and has consequently commenced a defamation action against Mr. Nwosu at the Lagos State High Court.”

The statement added that “AIICO Insurance Plc will not be drawn into a public exchange with a former agent who has chosen to continue making unsubstantiated allegations while the matter is being pursued through the courts. The Company remains confident that the facts will be properly examined and determined through the established judicial process.

It further urged the media, regulators, employees, customers and the public are therefore urged to exercise due caution and discountenance the false and misleading narratives being circulated by Mr. Nwosu.

The statement also called on Nwosu to  make himself available to receive the relevant court processes and allow the matter to proceed in accordance with the law, rather than continuing to prosecute his claims through digital media and direct approaches to individuals within and outside the Company.

While noting that any genuine grievance or complaint should be presented through the appropriate regulatory, investigative or judicial channels, where it can be properly examined and determined based on verifiable facts and evidence.

The company reaffirmed assured “AIICO Insurance Plc remains committed to the highest standards of integrity, accountability and transparency.

The Company will continue to pursue all lawful avenues available to protect its reputation, its employees, customers and other stakeholders, and to ensure that the matter is resolved through due process and in accordance with the law.

The post AIICO Insurance Denies False Allegations, Sues Obinna Nwosu Over Defamation appeared first on Business Today NG.

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NNPC Retail Unveils First Smart Self-Service Station in Abuja

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Customers in Abuja can now enjoy a more convenient and technology-enabled fuelling experience following the commissioning of NNPC Retail Limited‘s first Smart Self-Service Station on Bill Clinton Drive, Abuja.

The new station brings fuel, electric vehicle charging and other mobility and lifestyle services together in one location. Its 24-hour self-service system allows customers to complete fuel transactions independently; select the exact volume they require and pay at any time of the day or night.

NNPC Retail Limited, a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), developed the station in partnership with the Nigeria Immigration Service (NIS), which provided the land for the project.

Speaking at the commissioning, NNPC Ltd’s Executive Vice President, Downstream, Mumuni Dagazau, said: “Today marks another important milestone in the evolution of NNPC Retail. The launch of this Smart Station reflects our commitment to innovation, convenience, operational efficiency, and most importantly, an exceptional customer experience.

NNPC Retail commended the NIS for its sustained cooperation, describing the collaboration as an example of the institutional partnerships required to deliver modern energy infrastructure across Nigeria.

Managing Director of NNPC Retail, Huub Stokman, said the Smart Station responds to changing consumer preferences across Nigeria’s downstream sector.

“More than ever, we need to meet the needs of Nigerian consumers. They want quality products at the right price, prompt and friendly service, more value-added offerings and convenient payment options. They also want to be rewarded for their loyalty, have access to more energy solutions, including EV charging and CNG, and, particularly among younger customers, receive these services sustainably. That is precisely what this Smart Station represents,” Stokman said.

Stokman acknowledged the contributions of the NIS, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Africa Motor Works, technology partners, contractors and other stakeholders whose support was essential to the project’s delivery.

He reaffirmed NNPC Retail’s commitment to expanding the Smart Station model across the country, strengthening partnerships with public and private institutions, and building a more convenient, technology-enabled retail network centred on customers’ needs.

In her remarks, the Comptroller General, Nigeria Immigration Service (NIS), Kemi Nandap, represented by the Deputy Comptroller General, Finance & Accounts, Saidu Bashir Daura congratulated NNPC on the commissioning, describing the new station as a model for encouraging greater investment in sustainable energy infrastructure and innovative transportation solutions.

The station has 16 Premium Motor Spirit (PMS) pumps and two Automotive Gas Oil (AGO) pumps, supported by storage capacity of 180,000 litres of PMS and 5,000 litres of AGO. It also features an electric vehicle charging facility with an 86-point capacity, deployed in partnership with Africa Motor Works, as well as an LPG dispensing facility, a modern lubricant service bay and a fully automated car wash. Provision has been made for the future installation of Compressed Natural Gas (CNG) infrastructure.

Powered entirely by more than 200 kilowatt-hours of installed solar capacity, the facility also includes space for quick-service restaurants, a coffee shop and a convenience store. Together, these services position the station as a modern mobility and lifestyle destination rather than a conventional fuelling point.

The post NNPC Retail Unveils First Smart Self-Service Station in Abuja appeared first on Business Today NG.

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Nigeria’s Seed Council, PIND partner to expand certified seed access

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Farmers across the Niger Delta are set to gain greater access to certified seeds and quality planting materials following a two-year partnership between the National Agricultural Seed Council (NASC) and the Foundation for Partnership Initiatives in the Niger Delta (PIND).

The organisations signed a Memorandum of Understanding (MoU) at NASC’s corporate headquarters in Abuja to expand community-based seed production, strengthen certification and inspection, develop local seed enterprises and mobilise investment in Nigeria’s domestic seed industry.

The partnership combines NASC’s regulatory and quality-assurance mandate with PIND’s market systems expertise and networks of Community Seed Entrepreneurs, Farm Service Providers, Business Service Providers, research institutions and private-sector partners.

Speaking at the signing ceremony, NASC Director-General, Fatuhu Muhammed, said the agreement would help bring quality-assurance services closer to farmers and seed producers.

“A productive agricultural sector begins with quality seeds. By working with PIND and its networks across the Niger Delta, NASC can extend certification and inspection services to more communities, protect farmers from poor-quality planting materials and create stronger pathways for investment in Nigeria’s seed industry,” Mr Muhammed said.

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PIND’s Executive Director, Sam Daibo, said the partnership would help move proven community-level interventions to institutional adoption and scale.

“Many farmers understand the value of quality seeds but cannot access certified planting materials when and where they need them. By combining NASC’s regulatory leadership with PIND’s market systems experience, we can close that gap, strengthen local seed enterprises and help farmers build more productive and commercially viable livelihoods,” Mr Daibo said.

From cassava to other crops

The MoU formalises a collaboration dating back to 2016 through the Building an Economically Sustainable Seed System for Cassava programme, implemented in partnership with the International Institute of Tropical Agriculture (IITA) and the National Root Crops Research Institute (NRCRI).

The collaboration later expanded into community-based cassava seed multiplication, with NASC certifying seed plots across the Niger Delta.

Under the new framework, NASC and PIND will expand NASC-certified community seed multiplication across the region.

NASC will lead certification and quality assurance, while PIND will support enterprise development, technical assistance and market linkages.

According to the statement, the partners will also extend NASC’s Licensed Seed Inspectors Scheme into the Niger Delta, drawing potential candidates from PIND’s Farm Service Provider and Business Service Provider networks.

The partnership will further promote domestic seed production for high-demand vegetables, including tomato, pepper and cucumber, while expanding access to cassava, banana and yam planting materials produced through NASC’s PROSSIVA programme, the statement said.

It said the agreement will also support the Mastercard Foundation-funded WISE programme by enabling NASC to certify Community Seed Entrepreneurs trained to supply quality cassava planting materials to women producers across the Niger Delta.

ALSO READ: NBMA disposes of 950kg of unapproved GM cotton seeds

The partnership’s first major joint deliverable will be the Nigeria Seed Systems Forum 2026 in Abuja.

The forum is expected to bring together policymakers, regulators, researchers, investors, seed companies, development partners and farmers to advance policy, investment and market action in Nigeria’s seed sector.

A Joint Technical Working Group comprising representatives of NASC and PIND will coordinate implementation and track progress under the agreement.

Through the partnership, the organisations aim to strengthen the connection between regulation, research, enterprise development and markets, bringing certified seeds closer to farmers while supporting a stronger and more commercially sustainable seed industry in Nigeria.


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