Connect with us

News

Zinox Threatens to Sue Premium Times for Defamation

Published

on

Zinox group.jpg
Kindly share this post

The management of Zinox Technologies Ltd. has given a seven-day deadline to the publishers of Premium Times, a local online publication to retract series of defamatory publications against the company and its officials or face a legal action.

Gideon Ayogu, head, corporate communications, Zinox at a media briefing in Lagos on the continued fabrication of lies against Zinox with questionable intent, stated that Leo Stan Ekeh, Zinox chairman, has never met with Mr. Benjamin Joseph, managing director of Citadel Oracle Concepts,

Ayogu also said that neither Ekeh or any other official of Zinox has had any form of business transaction with the said company.

According to him, this raises questions on the motive behind Premium Times’ continued campaign of calumny against Ekeh which appears a cheap attempt at extortion.

Challenging Premium Times to publish any proof of transactions between Citadel Oracle Concepts Ltd. and Zinox or proof of any criminal charge against Ekeh, Zinox or any officials of the company in relation to the said stories, Ayogu further disclosed that there is no evidence of an indictment by the Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), the Nigerian Police or any law enforcement agency against Ekeh or Zinox Technologies.

Ayogu stated that Premium Times had enjoyed a holiday-of-sorts in their on-going smear campaign against Ekeh chiefly because Joseph’s prosecution is pending before a competent court of law and as a law-abiding corporate citizen, the Management of Zinox wishes the law to have its course and does not intend to interfere with the course of justice.

Also, Ekeh’s well-known soft spot for the media as a pioneer of digital publishing in West Africa with his first company, Task Systems, which Premium Times seems to have mistaken for weakness. In his view, Zinox would rather focus on its mission of digital innovation than be distracted by blackmail.

“Upon reading the first story written by Premium Times, the Management of Zinox wanted to sue the medium and Citadel Oracle Concepts but the Chairman cautioned that there was hunger in the land and that his checks on Mr. Joseph showed a man desperate to make ends meet.  Hence, we were advised not to waste our time. Every other media organization in Nigeria whom Joseph approached had investigated his claims and found no iota of truth in them and as a result, had refused to publish except Premium Times, a medium that is apparently in partnership with him possibly for a destructive intent.

“I personally called the writer, Bassey Udo on two occasions and requested him to verify his clams at the EFCC or Police Headquarters Abuja, or the Police Special Fraud Unit (SFU) Ikoyi, but he was not interested and instead chose to keep putting out one defamatory article after another based on fabricated stories handed down to him by Mr. Joseph.  I made it clear to him that Ekeh will never part with a kobo so he should stop wasting his time and degrading his publication. As a civilized corporate citizen, we have taken this as a final responsible step for Premium Times to make public any agreement, transaction or link between Citadel Computers and Zinox Computers or any staff of Zinox computers since Zinox was launched in 2010. For instance, in their first publication, Premium Times claimed that they saw bank documents which ‘showed transfers of monies between FIRS account at CBN and the fake account as well as approvals by top officials of Zinox Technologies for disbursements from the account to Zinox bank account and those of the suspects.’

“We want to make it clear that Zinox did not receive any such amount in any of its accounts, and hereby challenge Premium Times to produce such document showing or bearing the name of Zinox or the Zinox account.   

“The on-going case for which Joseph is currently being prosecuted is between Citadel Oracle Concepts and another company which our Chairman has shares in. That company is Technology Distributions (TD), the biggest ICT products distributor in Sub-Saharan African representing major IT brands like HP, Lenovo, Dell, Microsoft and many others. TD is a totally different company from Zinox with different directors, shareholders, management team and a different line of business and Zinox was not in any way involved in the transaction.

“It is important to note that in the entire transaction leading up to this case, in all the above investigations and reports, Zinox Technologies Ltd. was not in any way involved. The transaction only involved Technology Distributions Ltd. and its staff. Also, Leo Stan Ekeh was not involved in the said transaction and the investigations. It was only in the last petition to the EFCC that he was asked to come because Benjamin Joseph mischievously mentioned his name in the petition to the Vice President. But in all his subsequent sponsored publications in the media (print and online), Benjamin Joseph targeted only Zinox and Ekeh. Why? The answer is clear.

“Following from the foregoing, it is clear that the purpose and objective of Joseph and Citadel Oracle Concepts Ltd. is to attempt to persecute, harass and blackmail us into agreeing with their unfounded claims, relying on the false information that the Board Resolution was forged. This intention is proved by the robust publicity they have given this case and castigating the person of our Chairman, Leo Stan Ekeh, OFR.

“This is why in the online publications, the photographs of Ekeh and no other person is displayed and Zinox is used as the caption, even when the company has no bearing with the story. This is blackmail. There is no other explanation for this other than blackmail.

“Citadel Oracle Concept Limited was one of the many IT resellers awarded a contract to supply HP laptops at FIRS in 2012 but had no funds to execute it and like few  others, had approached TD who are authorized HP distributors in Nigeria with the help of his consultant Princess Kama whose Uncle, Chief Onny Igbokwe has been a long term reseller of TD to assist in supplying the laptops at a pre-agreed invoice value. Our investigations showed that his representative, Princess Kama had previously executed several other bids on his behalf. We also have a copy of a Letter of Authority which Joseph issued to FIRS with copies of his international passport accepting the contract and appointing Princess Kama as his authorized representative to handle the transaction. This is verifiable at FIRS.

“In view of previous bad experience and in order to avoid exposing the business to bad loans, TD had nominated its staff – Mr. Chris Eze Ozims and Mrs. Shade Oyebode – to be signatories to an account opened for the purpose of disbursement of funds as regards the contract, solely as security for the laptops supplied on credit.  Upon payment of the sum for the contract, TD had gone ahead to deduct the invoiced sum of the supplied laptops and had its staff resigned as signatories to the account.”

Continuing, Ayogu disclosed that after a disagreement between Joseph and his representative, Princess Kama over the sharing of the proceeds, Mr. Joseph reported to Chief Afe Babalola Chambers that his company was used to defraud the FIRS by Princess Kama and her allies and that the laptops were not supplied. When the lady narrated the true story with documentary proof including a letter of authority signed by him, he withdrew from Afe Babalola Chambers and petitioned the EFCC, Lagos who investigated and saw no merit in his complaint. He then lodged another complaint with Special Fraud Unit (SFU) of the Nigerian Police, Ikoyi and told same lies, alleging that his signature on the board resolution to open the account at Access Bank was forged. 

The SFU launched an investigation at FIRS offices and confirmed that the laptops were supplied with serial numbers intact. However, since the crux of the matter was the denial by Joseph of not signing the Board Resolution to open the account with which the FIRS remitted payment for the supplied HP laptops, of which Mr. Ozims and Mrs. Oyebode were signatories on behalf of TD, the Police sent the documents for forensic analysis to determine its veracity. The evidence proved that the documents were not forged, and were actually signed by him. Hence, the warrants of arrest the Police had issued against Mr. Ozims (a First Class lawyer and Company Secretary of TD) and Mrs. Oyebode (a Chartered Accountant and Executive Director of TD) based on Joseph’s complaints were made on misleading information and ought not to have been issued.

“After a few months, he wrote the office of the Deputy Inspector General of Police (DIG) laying same claims against Princess Kama and TD without informing the DIG that he had earlier reported to the EFCC and SFU, Lagos. The Police again launched a nationwide investigation which confirmed all items supplied with serial numbers. When the Police Headquarters discovered that Joseph has wasted their time and limited resources on a false claim, the Inspector General of Police arraigned him for deceit and false petitioning at an Abuja court under Charge Number CR/216/16 at the FCT High Court.

“Upon inauguration of the new administration of President Muhammadu Buhari, Joseph again wrote the Vice President, Yemi Osinbajo (SAN) that his company was used to defraud the Federal Government of over N200m, and that no laptops were supplied to the FIRS. The VP minuted to the EFCC Chairman. The Procurement Fraud Unit of the EFCC again investigated and found every item supplied and FIRS showed all products supplied with serial numbers nationwide. It was at this point that he partnered with Premium Times to launch a media blackmail against our Chairman, Ekeh and Zinox which had no links to the matter on ground, probably with an intent at extortion.

“What we found funny while this prolonged attempt at extortion was going on were several calls by faceless numbers to our Chairman requesting him to try and resolve this issue with huge sums of money to save his hard-earned name and that of Zinox. These calls only ceased after he warned the callers that he will track and unearth their identity with digital satellites and report them to the appropriate authorities.

“In conclusion, why is Premium Times which is headquartered in Abuja not able to walk into the offices of the EFCC, Police Headquarters, Abuja, the FIRS and Attorney General’s Office and confirm the claim of their partner, Joseph. We have received several appeals from some industry practitioners to discontinue the criminal prosecution of Joseph at an Abuja court under Charge Number CR/216/16, we wish to inform them that we did not sue Mr. Joseph as it was the Police that charged him for misleading them, and we would not wish to waste our resources on a man that we do not know. It is for the court to determine if he is innocent or not, and not for Premium Times to embark on a media trial of the case.”


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

Published

on

Kindly share this post

A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.

The mission follows the high profile and well received state visit to the UK in March, which also included education engagements.  Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.

The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.

In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.

In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.

British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.

“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”

“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”

DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”

DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.

 


Kindly share this post
Continue Reading

News

Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

Published

on

Kindly share this post

President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

Tinubu

 

In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.

The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.

Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.

The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.


Kindly share this post
Continue Reading

News

Karex, World’s Top Condom Maker to Hike Prices due to Iran war

Published

on

Kindly share this post

Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

Karex, World's Top Condom Maker to Hike Prices due to Iran war

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.

Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.

Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.

“The situation is definitely very fragile, prices are expensive… We ​have no choice but to transfer the costs right now to ⁠the customers,” Goh told Reuters.

Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.

Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.

The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.

“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.

 


Kindly share this post
Continue Reading

Trending