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Dozy Mmobuosi Hails Police for Clearing Tingo of Fraud, Says Allegations by the West a Conspiracy, Perceived Malice

Published

2 years ago

August 26, 2024

Eric

By Eric Elezuo

Popular Nigerian businessman and Founder, Tingo Group, Dozy Mmobuosi, has lauded the Nigerian Police Force, particularly the Federal Criminal Investigation Department (FCID), for giving him and the Tingo family a clean bill of health after due diligence and thorough investigation over fraud allegations. He noted that all allegations of infractions against him and his business interests were “baseless and unfounded”.

The Tingo Founder made these observations during a press briefing tagged, ‘My Battles with Western Powers: Setting the Record Straight’, at his Victoria Island office on Saturday, where he lambasted the West, especially the United States authorities for false multi-million dollar fraud allegations against him.

Mmobuosi was on August 20 exonerated by the FCID of all wrongdoing charges brought against him and his business concerns.

The legal unit of the FCID insisted that there is no evidence to prosecute Tingo Foods, Tingo Mobile Plc, and its founder, Dozy Mmobuosi, over allegations of fraud, and therefore, exonerated him and Tingo Group of alleged fraudulent diversion of funds and falsification of financial reports.

“I want to specially thank the Nigeria Police Force’s Criminal Investigation Department (FCID) for their diligence during months of investigation and the courage afterwards to clear, without fear or favour, Tingo Foods, Tingo Mobile and myself of fraud allegations,” he added.

During the news conference, the businessman said his success as an African entrepreneur is “perceived as a threat” by the United States Securities and Exchange Commission (SEC), which came after him with false allegations in 2023, and other like-minded western authorities.

Among other allegations, the US SEC said Mmobuosi gave false narratives about owning $461.7 million when he only had less than $50 in all accounts.

As a result, on November 16, 2023, the commission suspended Tingo from the US stock market for allegedly providing “inadequate and inaccurate information about its assets”.

Rejecting all the actions against him however, the entrepreneur said the allegations were unfounded, adding that he was “preparing to contest them to the full extent of his capacity”.

While denying the allegations of wrongdoing, Mmobuosi said they are “deliberate attempts by certain powers in the West and in Nigeria for selfish reasons”, stating categorically that he would not be bullied into submission by anyone.

“I am compelled to address the series of orchestrated attacks and false narratives against me and my business interests, Tingo Group and its subsidiaries,” he said.

“My decision to invest in the beverage and telecom industries, as well as my acquisition of Sheffield United, a historic British football club, has been met with resistance and intimidation from the American government and other powerful forces for obvious reasons.

“It is no secret that my success as a Black African serial entrepreneur has been perceived as a threat by some.

“The notion that I, a Nigerian, could achieve such milestones is difficult for some to accept. However, I will not be deterred; I will continue to invest in my country and other friendly and fair countries.”

He stressed that all allegations of wrongdoing, are claims “motivated by malice”.

The businessman also said the flagship of his product, Tingo Cola, “is a testament to his commitment to quality and excellence”.

“I want to categorically deny allegations that I floated the DOZIE stocks to defraud shareholders,” Mmobuosi said.

“These claims are baseless and motivated by malice. My organization has made significant investments in agriculture, beverage manufacturing, media, telecoms, and state-of-the-art healthcare services here in Nigeria.

“I make bold to say that I have never received any form of donations from anyone or any groups. Should there be anyone with evidence to the contrary, let the person call me out, rather than resort to malicious publications.”

The businessman also canvassed for support for Nigerian investors instead of condemnation, saying there was a need for the government to support Nigerian investors for positive economic growth.

“I passionately urge the Nigerian authorities to continue to support patriotic entrepreneurs like myself, Aliko Dangote, and a host of others who have invested heavily in our great nation,” the businessman said.

“We deserve encouragement, not hindrance and character assassination.

“I will continue to fight for my rights and the rights of Nigerians to succeed in business, free from harassment and intimidation. I am proud of my businesses which rest on solid achievements and hard work.”

With the latest vote of confidence passed by the Nigerian Police, it’s believed that the businessman will bounce back to reclaim all lost grounds.

Featured

Presidency Releases Postings of Ambassadors-designate

Published

11 hours ago

March 6, 2026

Eric

President Bola Ahmed Tinubu has approved the postings of 31 career and 34 non-career ambassadors to various countries and the United Nations. The Senate confirmed the ambassadors-designate last December.

POSTINGS OF NON-CAREER AMBASSADORS / HIGH COMMISSIONERS
S/N NAME MISSION APPROVED

1. SENATOR GRACE BENT: LOME-TOGO

2. SEN. ITA ENANG: SOUTH AFRICA

3. IKPEAZU VICTOR: SPAIN

4. NKECHI LINDA UFOCHUKWU: TEL-AVIV, ISRAEL

5. MAHMUD YAKUBU: QATAR

6. PAUL OGA ADIKWU: THE VATICAN CITY HOLY SEE

7. VICE ADMIRAL IBOK-ETE EKWE IBAS: THE PHILIPPINES

8. MR. RENO OMOKRI: MEXICO CITY, MEXICO

9. HON. (ENGR.) ABASI BRAIMAH (FMHR): BUDAPEST, HUNGARY

10. MRS. ERELU ANGELA ADEBAYO: PORTUGAL

11. BARR. OLUMILUA OLUWAYIMIKA AYOTUNWA: TOKYO, JAPAN

12. RT. HON. UGWUANYI IFEANYI LAWRENCE: ATHENS, GREECE

13. BARR. CHIOMA PRISCILLA OHAKIM: WARSAW, POLAND

14. AMINU DALHATU: UNITED KINGDOM, UK

15. LT. GEN ABDULRAHMAN BELLO DAMBAZAU: BEIJING, CHINA

16. HON. TASIU MUSA MAIGARI: GAMBIA

17. OLUFEMI PEDRO: AUSTRALIA

18. BARR. MUHAMMED UBANDOMA ALIYU: ARGENTINA

19. LATEEF KAYODE ARE: USA

20. AMB. JOSEPH SOLA IJI: RUSSIA

21. SEN. JIMOH IBRAHIM: UN PERMANENT REPRESENTATIVE

22. FEMI FANI KAYODE: GERMANY

23. PROF. ISAAK FOLORUNSO ADEWOLE: OTTAWA, CANADA

24. AJIMOBI FATIMA FLORENCE (F): AUSTRIA

25. MRS. LOLA AKANDE (F): SWEDEN

26. AYODELE OKE: FRANCE

27. YAKUBU N. GAMBO: SAUDI ARABIA

28. SENATOR PROF. NORA LADI DADUUT: SEOUL, SOUTH KOREA

29. BARR. ONUEZE CHUKWUJIKA JOE OKOCHA SAN: DUBLIN

30. DR. KULU HARUNA ABUBAKAR: TUNIS, TUNISIA

31. RT. HON. JERRY SAMUEL MANWE: PORT OF SPAIN, T&T

POSTINGS OF CAREER AMBASSADORS / HIGH COMMISSIONERS LIST
S/N NAME MISSION APPROVED

1. AMB. NWABIOLA EZENWA CHUKWUMEKA: COTE D’IV/OIRE

2. BESTO MAIMUNA IBRAHIM: NIAMEY-NIGER

3. MONICA OKWUCHUKWU ENEBECHI: SAO TOME, STP

4. AMB. MOHAMMED MAHMUD LELE: ALGIERS-ALGERIA

5. ENDONI SYNDOPH PAEBI: OUAGADOUGOU-BURKINA FASO

6. AHMED MOHAMMED MONGUNO: CAIRO EGYPT

7. AMB.JANE ADAMS (NEE OKON) MICHAEL (F): KINGSTON-JAMAICA

8. AMB. CLARK-OMERU ALEXANDRA (F): LUSAKA-ZAMBIA

9. CHIMA GEOGGREY LIOMA DAVID: BAMAKO-MALI

10. AMB. ODUMAH YVONNE EHINOSEN: MALABO –E/GUINEA

11. AMB WASA SEGUN IGE: BEIRUT, LEBANON

12. RUBEN ABIMBOLA SAMUEL (F): ROME, ITALY

13. AMB.ONAGA OGECHUKWU KINGSLEY: MAPUTO, MOZAMBIQUE

14. AMB.MAGAJI UMAR: KINSASHA, DR CONGO

15. AMB.MUHAMMAD SAIDU DAHIRU: NEW DELHI-INDIA

16. AMB. ABDUSSALAM HABU ZAYYAD: DAKAR-SENEGAL

17. AMB SHEHU ILU BARDE: ACCRA GHANA

18. AMB.AMINU NASIR: ETHIOPIA

19. ABUBAKAR MUSA MUSA: N’DJAMENA, CHAD

20. AMB. HAIDARA MOHAMMED IDRIS: THE HAGUE-NETHERLANDS

21. AMB.BAKO ADAMU UMAR: RABAT-MOROCCO

22. AMB. SULU GAMBARI OLATUNJI AHMED: MALAYSIA

23. AMB.ROMATA MOHAMMED OMOBOLANLE (F): TANZANIA

24. AMB. SHAGA JOHN SHAMAH: BOTSWANA

25. SALAU, HAMZA MOHAMMED: TEHRAN, IRAN

26. AMB.IBRAHIM DANLAMI: KENYA

27. IBRAHIM ADEOLA MOPELOLA (F): COTONOU-BENIN

28. AMB.AYENI ADEBAYO EMMANUEL: BRUSSELS, BELGIUM

29. AMB.AKANDE WAHAB ADEKOLA: BERNE-SWITZERLAND

30. AMB. AREWA (NEE ADEDOKUN) ESTHER (F): WINDHOEK-NAMIBIA

31. AMB.GERGADI JOSEPH JOHN: LIBREVILLE-GABON

32. AMB. LUTHER OGBOMODE AYO-KALATA (F): SIERRA LEONE

33. DANLADI YAKUBU NYAKU : KHARTOUM-SUDAN

34. BELLO DOGON-DAJI HALIRU: BANGKOK, THAILAND

The Ministry of Foreign Affairs has already received agrément from the United Kingdom for the High Commissioner-designate, Ambassador Aminu Dalhatu. Similarly, France has sent the agrément for Ambassador Ayo Oke.

The Ministry has also conveyed the nominations of the other 62 designated envoys to all the countries concerned, including a request for their agréments in line with standard diplomatic practice.

President Tinubu has directed that the Ministry of Foreign Affairs should immediately commence the induction programme for the ambassadors-designate and High Commissioners.

Bayo Onanuga,

Special Adviser to the President,

(Information and Strategy)

March 6, 2026.

Featured

Mike Ozekhome Celebrates Obasanjo at 89, Says Former President Wiser with Age

Published

15 hours ago

March 6, 2026

Eric

By Eric Elezuo

Constitutional and human rights lawyer, Prof Mike Ozekhome, has felicitated with former President Olusegun Obasanjo, as he Celebrates 89 years of life, saying the ex-head of state has grown wiser with age.

Ozekhome made the remarks in a birthday tribute he wrote, and made available to The Boss, stressing the octogenarian is a living legend and a human prodigy, among a catalogue of honours he bestowed on him.

Ozekhome’s full text of goodwill message is presented as follows:

“As Chief Olusegun Obasanjo GCFR, Ph.D, former military Head of State and later President, Commander-In- Chief of the Armed Forces of the Federal Republic of Nigeria marks his 89th birthday, it is proper to pay tribute to this remarkable living legend and human prodigy. My writeup on him at 87, two years ago was aptly titled, “OBJ, Please, Remain OBJ”. And he has remained true to himself – weaving, bubbling, speaking, traveling, lecturing and still dancing and playing football. What a homo sapien!

“Baba Obasanjo is a beacon of hope, a symbol of integrity, and a champion of Nigeria’s progress. His legacy as a distinguished elders statesman,uncommon leader, and irrepressible nation-builder is permanently etched on marble.His contributions to Nigeria’s growth and development are simply unquantifiable.

“I recall him singing my birthday song and cutting my birthday cake at ABUAD’s 10th Convocation Lecture 4 years ago after I delivered the Convocation lecture and received a doctorate degree (honoris causa) in law (LL.D). His achievements are simply ineffable, including military exploits, authorship of over 20 books, and an unwavering commitment to democracy and good governance.

“One cannot forget that OBJ played a major role when he accepted on behalf of Nigeria, the mantle of surrender by General Phillip Effiong on behalf of the Biafran army, thus ending a 30 months needless, bloody civil war that consumed over 3 million lives with attendant suffering and destitition. “Your wisdom, vision, and leadership are needed now more than ever,” I had written two years ago, describing him thus: ‘Please, OBJ, remain OBJ – a true icon, a guiding light, and a hero of our time.’

“Baba’s leadership has left an indelible mark on Nigeria, inspiring generations not only in Nigeria and Africa, but within the entire black race. As an international figure, his voice resonates even as his rare wisdom and experience are globally sought, leading to his epic position as Co-Chairman of the Inter-Action Council of former Heads of State and Government.

“Some of his many books, including “My Watch” and “The Art of Leading”, are loud testaments to his deep thinking and intellectual prowess.

“Very often, he speaks truth to power, advocating for justice, fairness, and equality for all, damning the consequences.

“OBJ’s life reminds us that we all have a role in shaping our country’s future.

“Seest thou a man blessed round and round by God in all ramifications; nurtured in humble beginnings, but attained the height of a living sage and deity? A man since inducted into the pantheon of heroes of modern day Nigeria, bestrididing the military, democratic and governance worlds of Nigeria? That is legendary OBJ.

“As Baba marks this 89th milestone birthday, I pray that God grants him many more years ( Gen 6:3) of good health, fulfillment, happiness, and peace that passeth all understanding ( Phil 4:7). Amen.”

Featured

Akinwumi Adesina Celebrates Obasanjo at 89

Published

1 day ago

March 5, 2026

Eric

By Eric Elezuo

Immediate Past President of African Development Bank (AfDB), Dr Akinwumi Adesina, has celebrated former President Olusegun Obasanjo, on his 89th birthday.

In the statement the former Minister of Agriculture signed on behalf of himself and his wife, he noted that Obasanjo is a man of wisdom, foresight, courage and boldness among other qualities.

The statement titled, Happy Birthday: President Olusegun Obasanjo, GCFR, at 89, is presented as follows, in full:

Today, we celebrate a man who walks across generations like a bridge between time and destiny – a leader whose credibility is unquestioned and whose respect knows no borders.

A man of wisdom, rich with insight. A man of courage, who steps boldly into the battlefields of ideas and argument, unafraid to speak, unafraid to stand, unafraid to be counted.

In the public square he cannot be silenced. He does not merely ruffle feathers – he pulls them out, speaking truths that are sometimes uncomfortable, yet always necessary, driven by an unwavering devotion to truth, equity, and justice.

Disciplined in thought. Disciplined in action. Disciplined in judgment.

When conflict rises and storms gather over nations, the world turns to voices of wisdom— and among those voices uniquely stands President Obasanjo.

A leader who dares to walk where others hesitate. A man who speaks to the mighty without fear and lifts the weary without condescension— challenging the powerful to do what is right, while urging the humble never to lose hope.

An indefatigable spirit, whose optimism refuses to drown in the tides of despair, rising ever higher with a familiar refrain echoing across years: “We will get it right.”

A defender of the weak. A reconciler of enemies.

A soldier who walked through the fires of war and emerged a builder of peace, a bridge for peace, a reconciler of differences, and a defender of the weak.

The Yoruba adage reminds us: “An elder cannot stand in the marketplace and watch the head of a baby slump on the back of its mother.”

Baba Obasanjo is an elder among elders. He will not only warn the mother to secure the child— he will help her do it. And if the knot still loosens, he will do what only the truly responsible elder does: lift the child himself and carry the infant upon his own back.

A man whose memory is sharp as history itself— remembering dates, details, and moments with the precision of a living archive.

And yet, beyond titles and offices, beyond uniforms and presidential seals, he remains something greater:

A father not only to his own, but to many. To a nation. To a continent.

The Baba of Africa. The Baba of the world.

Today, as you turn 89, we celebrate not only the years you have lived but the lives you have touched, the conflicts you have calmed, and the courage you have inspired.

May God continue to grant you strength, health, and vitality.

May your voice remain strong, your wisdom undimmed, your presence a guiding light for generations yet unborn.

For in the long march of time, you stand as one of its wisest elders.

The timeless Baba.
Happy 89th Birthday.
Hearty congratulations!

Dr. Akinwumi A. Adesina, CON, C.G.H. (‘Akin 45’) and Grace Oluyemisi Adesina (“Yemisi 55”)