River Park Estate: Houses for Africa denounces publication by Ogunmuyiwa as false 

River Park Estate: Houses for Africa denounces publication by Ogunmuyiwa as false 


The Management and Board of Houses for Africa Nigeria Limited has condemned a publication on Sahara Reporters  on October 9, 2025, titled “Abuja’s River Park Estate Scandal Deepens as Houses for Africa Disowns Kojo Mensah”, purportedly issued by one Mr. Adeniran Olatokunbo Ogunmuyiwa.

This was contained in a statement signed by the company secretary on behalf of the board and made available to journalists.

It said the publication is riddled with falsehood,  misleading, malicious, and does not represent the true state of affairs of Houses for Africa Nigeria Limited.

It said for the avoidance of doubt, the directors of Houses for Africa Nigeria Limited on the records of the Corporate Affairs Commission (CAC) -the statutory body responsible for company registration, are:  Mr. Kojo Ansah Mensah, Sir Samuel Esson Jonah, Mr. Victor Quainooand  Jonah Nathaniel.

According to the statement, any other individual (such as Adeniran Olatokunbo Ogunmuyiwa) claiming directorship or authority to act on behalf of the company is doing so fraudulently.

It added that Adeniran Ogunmuyiwa’s entry into Houses for Africa Nigeria Ltd happened through JonahCapital Nigeria Ltd. 

The statement disclosed that, “Jonah Capital Nigeria Ltd, on its part, (the allottee of River Park Estate), at incorporation, had three (3) shareholders, to wit: Samuel Esson Jonah, KBE was the majority shareholder of JCNL with 400,000 Ordinary Shares, (representing 40% equity shareholding in the company); Adeniran Ogunmuyiwa with 300,000 Ordinary Shares (representing 30% equity) and Olakitan Aramide with 300,000 Ordinary Shares (representing 30% equity),

It clarified that in 2007, Samuel Esson Jonah invited a US-based investor (Houses for Africa Holdings Inc, USA, a Delaware-based Company to invest in its operations. 

“Consequently, Houses for Africa Nigeria Limited was incorporated on February 7, 2008, as a Nigerian Company,” it said.

The company noted that by virtue of a Shareholders Agreement executed in 2007, the first shareholders of Jonah Capital Nigeria Ltd mentioned above all voluntarily relinquished their shares in Jonah Capital in favour of Houses for Africa Nigeria. 

“Under this new arrangement, 80% of the shares in Houses for Africa Nigeria were allotted to Houses for Africa Holdings, USA; while 20% of Houses for Africa Nigeria’s shares was allotted to Adeniran Ogunmuyiwa. 

“Effectively, by the agreement mentioned herein, the shareholders of HFA, Nigeria were:§ Houses for Africa Holding USA- 80% , Mr. Adeniran Ogunmuyiwa 20%

It said by an Agreement termed “Heads of Agreement between Samuel Esoon Jonah, Adeniran Ogunmuyiwa, Houses for Africa Nigeria and Jonah Capital Nigeria Ltd, dated the 1st of June 2012 and Special Resolution dated 9th of April  2013, Adeniran Ogunmuyiwa voluntarily relinquished his 20% shares in Houses for Africa Nigeria.

“In exchange for Adeniran relinquishing his shares and as part of his package, Adeniran was granted the following: a development right of over 94.8 hectares of land in River Park and an additional 45 hactares for the settlement of the company’s creditors at that time.”

It however, said despite these generous terms, Mr. Ogunmuyiwa failed to settle the Company’s creditors ,hence exposing our companies to what would have been avoidable law suits by creditors,which we are currently defending.

“As stated above, Mr. Adeniran Olatokunbo Ogunmuyiwa was a former Director of Houses for Africa until his resignation in 2017, as evidenced by his signed resignation letter (attached for reference). 

“Following his resignation, Mr. Ogunmuyiwa ceased to hold any position or authority within Houses for Africa Nigeria Limited.

“It is therefore shocking that a person who has long ceased to have any official capacity in our company now purports to issue statements or act on behalf of Houses for Africa Nigeria Limitedto disown substantive Directors on the record of CAC.”

The statement further noted that Mr. Mensah has also been solely responsible for: Payment of salaries and statutory deductions for over 500 staff since 2014; Remittance of pensions and personal income taxes to PENCOM and FIRS, respectively since 2014; Payment of vendors and service providers, including Common Consultants Ltd, a firm promoted by Mr. Ogunmuyiwa himself.

“It is ironic that Mr. Ogunmuyiwa, who has had no involvement in these operations for years, would claim to represent the company or its interests.”

It said it is aware that members of the press have made several attempts to obtain clarifications and documentary evidence from Mr. Adeniran Olatokunbo Ogunmuyiwa and Mr. Paul Odili in support of their claims.

 “On every occasion, both individuals have declined to speak to the press, citing various personal health excuses, including claims of recuperating from surgical procedures. 

“While we wish them well in their recovery, it is clear that such evasive tactics are intended to avoid public scrutiny and accountability for their actions.

” The public is therefore advised to treat any unverified assertions emanating from them with the utmost caution,” it said.

It also noted with concern that Chief Anthony Aikunegbe Malik, SAN, is purporting to act on behalf of Houses for Africa Nigeria Limited in a purported lawsuit against the Honourable Minister of the FCT.

It said for the record, neither the Board nor the legitimate directors of the company have authorized any such legal action or retained his services.

“We challenge Chief Malik, SAN, to produce evidence that any payments he may have received as ‘legal fees’ emanated from the official accounts of Houses for Africa Nigeria Limited.

“We also remind Chief Malik, SAN, that the Nigerian Bar Association’s Anti-Money Laundering Protocol considers it a breach where a lawyer accepts payment for a client’s brief from an unrelated third party, a practice often regarded as a smokescreen for money laundering.”

It urged all responsible media houses to verify corporate records through the CAC before publishing claims about company ownership, representation, or directorship.

It said For public record and verification, the following documents are attached:



Source: Blueprint

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