Sir Sam Jonah Seeks Help Over Seized Nigerian Investments
Ghanaian businessman, Sir Sam Jonah, has petitioned Foreign Affairs Minister, Hon. Samuel Okudzeto Ablakwa, requesting urgent diplomatic intervention following the alleged unlawful seizure of his Nigerian investments by the Corporate Affairs Commission (CAC).
In a detailed 11-page “Concise Summary” dated December 13, 2025, Sir Jonah accuses Nigerian authorities of expropriating his shares in Abuja’s River Park Estate and disregarding court processes. He is seeking the Ghanaian government’s support in reversing the CAC’s actions.
The petition requests Ghana to engage with Nigeria, alert ECOWAS about potential breaches of investment protection protocols, and demand the immediate restoration of his company’s corporate filings. The move escalates a complex corporate dispute into a matter requiring official state engagement between the two West African nations.
According to Sir Jonah, the issues began with concerns regarding accountability from a local agent, Paul Odili of Paulo Homes Ltd, related to land encroachment within the estate. This subsequently led to legal challenges and conflicting reports from the Nigerian police.
The core of the dispute revolves around the actions of Hussaini Ishaq Magaji (SAN), the Registrar-General of the CAC. Sir Jonah claims that despite a valid court injunction, Mr. Magaji allegedly cancelled all corporate filings for JonahCapital Nigeria Ltd and Houses For Africa Nigeria Ltd on December 8, 2025.
“To our utter shock, on Monday, 8th December 2025, upon checking the company status report, we discovered that the entire corporate records of our companies had been cancelled by Mr. Magaji SAN,” Sir Jonah stated in the petition. He argues this cancellation unlawfully diminished his shareholding and relied on a contested police report authored by DCP Akin Fakorede.
The disputed police report, the petition highlights, contradicts the findings of a prior 10-man Special Investigation Panel (SIP) that investigated allegations of document forgery. Sir Jonah’s summary details his long-term investment, starting with the incorporation of JonahCapital in 2006 and a 2007 Development Lease with the FCDA, including subsequent share restructurings.
He further alleges that local agents, including Mr. Odili— initially contracted to secure necessary permits—have fraudulently claimed ownership of the estate, illegally sold off portions of land, and fabricated criminal allegations to bolster their position. The petition warns of a significant risk of asset depletion and the inability of his companies to effectively defend themselves in current legal proceedings.
Sir Jonah is therefore urging the Foreign Minister to act swiftly to safeguard the interests of Ghanaian nationals and their investments in Nigeria, a critical but often complex market for Ghanaian businesses operating within the ECOWAS framework.
Image Source: MYJOYONLINE
