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Billionaire Benny Peters Eyes Fresh Fortune Abroad

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It is a known fact that a man is never all beauty without blemish. So is the self-effacing billionaire, Benedict Peters. One of the strengths of this energy tycoon ironically harbours his weakness: he takes life easy. For the self-made businessman with the Midas touch, he wears entrepreneurship like a badge of honour. It’s what defines him.

And undoubtedly, the founder of Aiteo Group —one of Africa’s fastest-growing energy companies— has emerged one of Nigeria’s wealthiest businessmen and remains one of the privileged billionaires with offshore assets. For a long while, Peters has been navigating the stormy oil business world and escaping the sharks coming his way.

But if there is one challenge this stupendously rich magnate has not been able to summon courage to beat, it’s to end his self-imposed exile. For about eight years, Peters has chosen Accra, Ghana as his new home and is not ready to leave anytime soon. Despite his absence in Nigeria, his energy conglomerate hasn’t suffered just as he is also having a ball expanding his business frontiers in the international arena with operations in several Africa countries.

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READ ALSO: Niger’s Junta Seeks Russia’s Wagner Help To Combat ECOWAS Military Threat

Peters, 56, in 2019 made headlines when he embarked on a platinum mining venture in Zimbabwe. His offshore company, Bravura Holdings acquired a 3,000-hectare concession and had plans to establish a mine in Selous, located 80 kilometres south of Harare, Zimbabwe’s capital. However, it was learnt that Peters’ initial enthusiasm for the platinum mine development project in the Maflox Claims area of Selous has suffered some setbacks since the arrival of President Emmerson Mnangagwa and issues around regulatory requirements.

However, Peters has been seeking every opportunity to resolve concerns and find a way forward for the project. While that’s ongoing, the Nigerian billionaire is also exploring opportunities for new investments and partnerships in Zimbabwe’s resource-rich industry. He was said to have discreetly shifted his attention to a huge lithium deposit in Kamativi, a small mining town in Zimbabwe. The Delta State-born magnate’s Bravura Holdings presently holds concessions for cobalt mining in the Democratic Republic of Congo, copper mining in Zambia, and gold mining in Ghana.

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Senate Confirms New FCC Chairman, Approves 37 Commissioners

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The Senate on Thursday confirmed Hon. Ayo Omidiran, a former member of the House of Representatives, as the Executive Chairman of the Federal Character Commission (FCC).

At the same time, 37 commissioners representing the 36 states and the Federal Capital Territory (FCT) were approved.

The confirmation followed the adoption of the report by the Senate Committee on Federal Character and Inter-Governmental Affairs, presented by Chairman Senator Allwell Heacho Onyesoh.

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He informed the Senate that all nominees had successfully passed thorough screenings, submitted required documents—including Code of Conduct Bureau (CCB) clearances, police reports, DSS vetting, and curriculum vitae—and had no criminal petitions filed against them.

READ ALSO:Senate Recommends Death Penalty For Kidnappers

The Senate conducted a state-by-state review in the Committee of the Whole, which was adopted when lawmakers returned to plenary.

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Senate President Godswill Akpabio, addressing the chamber after the unanimous confirmation, urged the appointees to serve with dedication and uphold public trust.

“Go and serve in the interest of the nation. I congratulate all the nominees and wish them a successful tenure,” he said.

Notable appointees include Peter Ogbonna Eze (Enugu State) and AbdulWasiu Kayode Bawa-Allah (Lagos State), while Mohammed Musa was retained as Secretary of the Commission.

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READ ALSO:Senate Uncovers $300bn Unaccounted Crude Oil Sales

Other confirmed commissioners are: Obinna Oriaku (Abia); Lawal Ya’u Roni (Jigawa); Abubakar Atiku Bunu (Kebbi); Eludayo Eluyemi (Osun); Bema Olvadi Madayi (Adamawa); Dora Ebong (Akwa Ibom); Nnoli Nkechi Gloria (Anambra); Babangida Adamu Gwana (Bauchi); Sir Tonye Okio (Bayelsa); Aligba Eugene Tarkende (Benue); Engr. Modu Mustapha (Borno); Dr. Stella Odey Ekpo (Cross River); Ederin Lovette Idisi (Delta); Barr. Nwokpor Vincent Nduka (Ebonyi); Hon. Victor Sabor Edoror (Edo); Hon. Sola Fokanle (Ekiti); Ibrahim Baba Mairiga (Gombe); Hon. Jerry Alagbaoso (Imo); Ruth Jumai Ango (Kaduna); Muhammad Awwal Nayya (Kano); Hon. Anas Isah (Katsina); Bello Idris Eneye (Kogi); Dr. Ibrahim Abdullahi (Kwara); Alh. Isah Jibrin (Niger); Comrade Ajimudu Bola (Ondo); Prince Ayodeji Aleshinloye (Oyo); Hon. Pam Bolman (Plateau); Aaron Chukwuemeka (Rivers); Alh. Aminu Tambar (Sokoto); Bobboi Bala Kaigama (Taraba); Hon. Jibir Maigari (Yobe); Sani Garba (Zamfara); and Solomon Ayuba Dagami (FCT).

The Senate expressed confidence that the newly confirmed FCC leadership will enhance the commission’s capacity to promote equitable representation across Nigeria’s public institutions.

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Tinubu Constitutes Membership For US–Nigeria Security Working Group

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President Bola Tinubu has approved the formation of the Nigerian delegation to the US–Nigeria Joint Working Group, a bilateral initiative aimed at strengthening cooperation on security matters.

The decision follows a recent visit to Washington DC by a high-level Nigerian delegation led by National Security Adviser Nuhu Ribadu. Ribadu will head the multi-agency team, which includes senior officials from key security and foreign policy institutions.

According to a statement signed by the President’s aide, Bayo Onanuga, members of the working group include the Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar; Minister of Defence, Mohammed Badaru Abubakar; Minister of Interior, Olubunmi Tunji-Ojo; Minister of Humanitarian Affairs, Bernard M. Doro; Chief of Defence Staff, Gen. Olufemi Oluyede; Director-General of the National Intelligence Agency, Amb. Mohammed Mohammed; and Inspector General of Police, Mr Kayode Egbetokun.

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Ms Idayat Hassan of the Office of the National Security Adviser and Mr Paul Alabi of the Embassy of Nigeria in the US will serve as the secretariat,” the statement added.

READ ALSO:Tinubu Appoints Non-Career Ambassadors For US, UK, France

Tinubu urged the team to engage closely with their American counterparts to ensure the implementation of security agreements reached during the visit. The working group is tasked with coordinating bilateral efforts on counter-terrorism, defence cooperation, and regional stability.

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The initiative has gained prominence following recent remarks by US leadership. US President Donald Trump designated Nigeria a “Country of Particular Concern” over alleged religious-freedom violations and warned of possible military intervention should attacks on Christians persist, increasing pressure on the Nigerian government to strengthen its security response.

Bilateral cooperation
Recall that last week, a high-level Nigerian delegation led by Ribadu concluded a series of engagements with United States officials aimed at reinforcing bilateral security cooperation.

The discussions, held in Washington DC, involved senior representatives from the US Congress, the White House Faith Office, the State Department, the National Security Council, and the Department of War.

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READ ALSO:BREAKING: Tinubu Declares Nationwide Security Emergency, Orders Armed Forces To Recruit More Personnel

During the meetings, the Nigerian delegation rejected allegations of genocide in the country, emphasising that violent attacks affect communities across religious and ethnic lines.

Wrongful framing of the situation would only divide Nigerians and distort the realities on the ground,” the delegation stated.

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The United States expressed readiness to deepen security support, including enhanced intelligence sharing, expedited processing of defence equipment requests, and the potential provision of excess defence articles, subject to availability, to bolster ongoing counter-terrorism operations. Additional support in the form of humanitarian assistance and technical aid to strengthen early-warning mechanisms was also discussed.

Both nations agreed to implement a non-binding cooperation framework immediately and to establish a Joint Working Group to coordinate efforts across the agreed areas. The Nigerian delegation reaffirmed the government’s commitment to civilian protection measures and the safeguarding of vulnerable communities, particularly in the Middle Belt region.

READ ALSO:N6trn: Court Orders Tinubu To Publish NDDC Audit Report, Name Indicted Officials

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The Nigerian delegation included Prince Lateef Olasunkanmi Fagbemi, Attorney General of the Federation; General Olufemi Oluyede, Chief of Defence Staff; Lt. Gen. Emmanuel Parker Undiandeye, Chief of Defence Intelligence; Mr Kayode Egbetokun, Inspector General of Police; Ambassador Ibrahim Babani, Director of Foreign Relations at the Office of the National Security Adviser; and Ms Idayat Hassan, Special Adviser to the NSA.

The Federal Government highlighted that the engagements provided an opportunity to correct misconceptions about Nigeria, build trust, and advance a coordinated approach to protecting citizens.

It urged the public to remain assured that coordinated measures are being taken to enhance security nationwide.

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Edo Assembly Invites Obaseki, Others For Questioning Over MOWAA

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The controversy surrounding the Museum of West African Art (MOWAA) and Radisson Hotel, remains unabated as Edo State House of Assembly Ad-Hoc Committee investigating the matter has invited a former governor of the state, Godwin Obaseki for questioning.

A statement by Secretary of the Ad-hoc Committee, Bekisu Oshone, on Thursday, stated that the former governor and others are expected to appear on December 4, 2025.

Other persons invited by the committee are a former Edo Finance Commissioner, Joseph Eboigbe, former Attorney General of Edo State, Oluwole Osaze-Uzzi, MOWAA’s Director, Philip Iheanacho and Managing Director, Tilbury House Nigeria Limited.

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READ ALSO:MOWAA Authorities Shun Edo Assembly Committee, Give Reason

According to her, others invited are Project Manager of Hospitality Investment and Management Company, Pramod Thorat, Managing Director, Afrinvest Capital Limited, Ugochukwu Anigbogu, Managing Director, Meristem Trustees Limited and
Managing Director, Emerging Africa Trustees Limited.

The statement reads: “The Edo State House of Assembly Ad hoc Committee constituted to investigate the Museum of West African Arts and Radisson Hotel invites former Governor Godwin Obaseki and 10 others/organization (listed above) to appear before the committee for public hearing on December 4.”

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She said attendance by Obaseki and others was required as part of the committee’s investigation.

The former governor and other invitees are expected to give insights into funding of the Radisson Hotel.

READ ALSO:Okpebholo Revokes MOWAA Land Title

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The MOWAA and Radisson Hotel were both conceptualized by Obaseki.

While first phase of the MOWAA has been completed, Radisson Hotel is near completion.

Recall that an exhibition at the museum turned chaotic on November 9 after angry protesters stormed the venue, forcing a high-profile event to shut down abruptly.

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The preview opening, described as a private exhibition for investors, artists, and foreign envoys, quickly descended into panic when a mob claiming the museum belonged to the Oba of Benin breached parts of the premises.

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