…Says, “No shot occurred.” 

…Confirms termination of Olusco Accord.

…Urges ‘wider probe’ of alleged land-fraud network.

by Achadu Gabriel, Kaduna 

Performing Musicians Employers’ Association of Nigeria (PMAN), the lawful title holder to Plot 504, Cadastral Zone B00, Kukwaba, in the Federal Capital Territory, says, it has received and reviewed the Investigation Report issued by the Inspector-General of Police (IGP) Monitoring Unit concerning activities linked to Olusco Heritage & Investment Ltd, and Mr. Olufemi Olumeyan, on PMAN’s property.

According to the report, the Monitoring Unit has recorded a prima facie case that included obtaining money by false pretences, cheating, threat to life, violence, assault, causing harm, and conduct likely to cause a breach of the peace in relation to unauthorized dealings over the Plot 504, Cadastral Zone B00, Kukwaba, FCT. 

PMAN, in a statement made available to newsmen Thursday, expressed “profound appreciation” to the Nigeria Police Force for the professionalism and diligences exhibited throughout the inquiry.

According to the statement, PMAN and Olusco signed a Joint Venture Agreement (JVA), in April 2023, that expressly contained a condition precedent, and specified that premium was to be fully paid to PMAN before the JVA could “come into effect.” 

The statement added that Olusco did not pay the premium in full, leaving the JVA legally inchoate and unenforceable, pointing out that, “While PMAN repeatedly sought compliance, troubling signs emerged that, despite lacking an enforceable mandate from the Landowner, Olusco was offering plots/units to the public.

“As PMAN pressed for transparency and lawful mobilisation on site, Olusco complained of funding constraints. PMAN’s President, Pretty Okafor, subsequently introduced an international investor for the Monaco project. 

“In an episode PMAN considers wholly inconsistent with international best practice, Olusco allegedly asked that the investment funds be paid into a personal account – a request PMAN firmly rejected,” it stated. 

It also added that when PMAN increased its scrutiny – particularly amid credible rumours of unauthorized off-plan sales – there followed a campaign to undermine PMAN’s lawful leadership, including efforts involving Mr. Boniface Itodo (a former PMAN General Secretary) and Mr. Zakky Azzay, whose names were later cited around unauthorized activities. 

The statement added that, the Nigeria Police Report further records governance clarifications within PMAN’s suspensions and dismissals by the National Executive Council – and highlighted that impostors and dismissed officials continued to misrepresent themselves as PMAN leadership, contributing to public confusion and alleged criminality.

In the midst of the tensions, PMAN, in February of the following year, received credible documentation indicating that Olusco had entered a separate “Development Agreement” with G & D Building & Engineering Ltd.

Under the agreement, N350,000,000 was paid to Olusco, while G & D also incurred significant site costs (roadworks and other preliminaries). 

“When the relationship soured, Olusco repudiated responsibility, denied signatures and, according to reports to the Police, mobilized thugs to disrupt operations and intimidate workers. 

“G & D petitioned the IGP; the IGP Monitoring Unit investigated and has now issued its Report setting out the prima facie findings referenced above,” it stated.

In parallel, “PMAN took steps to protect the public. On 7 December, 2024, PMAN formally terminated the Olusco arrangement – citing the unfulfilled condition precedent, attendant breaches, and the unfolding risks to the public. 

“The termination letter stands. In coordination with law enforcement, PMAN strengthened perimeter security at Plot 504. During a recent police-supported dispersal of an unlawful incursion, teargas was deployed; one individual fell and sustained a minor knee injury, while fleeing, and is receiving care at a Police Hospital. 

“Contrary to sensational online claims, no person was shot, and the Nigeria Police Force acted lawfully and professionally to keep the peace.

“The Police Investigation Report, now available to authorities and accredited media upon request, sets out the alleged pattern of misrepresentation, unauthorised sales, intimidation, and disorder. 

“It also notes the roles of Mr. Boniface Itodo and Mr. Zakky Azzay in the broader context of misgovernance claims and continued impersonation that misled the public,” it added. 

PMAN emphasized that all persons named in the Report are presumed innocent, unless and until guilt is established by a court of competent jurisdiction. The Association will not litigate the case in the media and will defer to law enforcement for operational detail.

To protect victims, while preserving PMAN’s rights, “the association has victims to step forward with complaints. PMAN is also cooperating with the IGP Monitoring Unit and relevant agencies on fund-tracing, title safeguards, and prosecutions where appropriate. 

“No transaction, sale, allocation, pledge, or advertisement on Plot 504, Cadastral Zone B00, Kukwaba, FCT, is valid without PMAN’s written consent.

“Individuals who paid any monies to Olusco Heritage & Investment Ltd / Mr. Olufemi Olumeyan (or their agents/affiliates) for plots or units on Plot 504, Cadastral Zone B00, Kukwaba, FCT, should come forward to lodge formal complaints at the IGP Monitoring Unit.

“PMAN records its gratitude to the Inspector-General of Police and the IGP Monitoring Unit, for the measured and highly professional management of a complex, sensitive situation. 

“The Association will continue to cooperate fully with law enforcement and regulatory authorities to protect the public and the integrity of title at Plot 504, Cadastral Zone B00, Kukwaba, FCT.”

Pretty Okafor, National President, PMAN.

“We thank the Nigeria Police Force for a thorough, professional investigation. Our focus now is public protection and restoring confidence around Plot 504, Cadastral Zone B00, Kukwaba, FCT. 

“We urge anyone, who paid money to unauthorised parties, to come forward for verification. The Investigation Report is a crucial step towards accountability. We are aligning with the IGP Monitoring Unit and EFCC so that victims are identified, assets are traced, and the courts can do justice.

“The full Police Investigation Report referenced herein is available to authorities and accredited media upon request. PMAN will not release sensitive personal data or evidence that may prejudice ongoing investigations, but will facilitate in-camera review with the appropriate agencies and the court where required,” it stated.

By MbNewss

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