DELTA STATE: ARREST OF SUSPECTED KIDNAPPERS, GUN RUNNERS AND; RECOVERY OF TWO (2) AK-47 RIFLES, AND THIRTY-SIX (36) ROUNDS OF LIVE AMMUNITION. (PHOTOS). #PRESS RELEASE.

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 DELTA STATE COMMAND PRESS RELEASE ARREST OF SUSPECTED KIDNAPPERS, GUN RUNNERS AND; RECOVERY OF TWO (2) AK-47 RIFLES, AND THIRTY-SIX (36) ROUNDS OF LIVE AMMUNITION The Delta State Police Command has recorded another major breakthrough in an intelligence-led operations targeting suspected kidnappers and illegal arms trafficking syndicate within and beyond the State. 1. ARREST OF FIVE SUSPECTED KIDNAPPERS/ RECOVERY OF ONE AK-47 RIFLE AND THIRTY-SIX (36) ROUNDS OF 7.62MM LIVE AMMUNITION: On 24 April 2026 at about 1830hrs, operatives of the command's tactical team based in Ughelli, acting on credible intelligence arrested one Ahmadu Usman (m), 22, a native of Lafiya, Nasarawa State, at Ekuigbo area of Ughelli in connection with a kidnapping syndicate terrorising commuters along Ughelli–Warri Road. Further interrogation led to the arrest of Haruna Abdullahi (m), 37, at Trailer Park along Warri–Sapele Road and one AK-47 rifle loaded with thirty-six (36) rounds of 7.62mm live ammunition w...

AMCON HANDS OVER MORIBUND STAR PAPER MILL TO ABIA STATE GOVERNMENT. (PHOTO).

 


AMCON Hands Over Moribund Star Paper Mill to Abia State Government


The Asset Management Corporation of Nigeria (AMCON) on Friday officially handed over the long-dormant Star Paper Mill Limited in Aba to the Abia State Government, marking a significant step in the state's industrial revival efforts.


The handover ceremony was held at Government House, Umuahia.


Speaking at the event, Abia State Governor Alex Otti described the recovery of the asset as fulfillment of his campaign promise to resuscitate moribund industries in the state, including Star Paper Mill, Aba Textile Mills, Ogwe Golden Chicken, and International Equitable Association, among others.


Governor Otti pledged that his administration would revive the mill, stating that once fully operational, it would create approximately 3,000 jobs and attract substantial private sector investment.


He disclosed that the mill had previously been sold under questionable circumstances, with parts of the agreement breached. Through his intervention and cooperation with AMCON, the state successfully recovered the asset and refunded payments made by the previous buyer.


The governor also revealed that payments for another AMCON-held industrial facility, Afro Beverages Limited in Aba, are ongoing and expected to be completed in the coming weeks, with prospective investors already in place to partner in its management and operations.


Abia State Commissioner for Industry and Small & Medium Enterprises, Michael Akpara, confirmed that the state government fully concluded the acquisition of Star Paper Mills Ltd with a payment of ₦2.5 billion. He added that an initial deposit of ₦500 million has been made to AMCON toward the acquisition of Afro Beverages Limited.


Earlier, AMCON Executive Director Aminu Mukhtar Dan’amu explained that the factory became moribund due to financial distress but commended the reacquisition by the Abia State Government as a milestone in industrial development.

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