Court orders status quo in Ossiomo–CCETC dispute ... Restrains Ologbo community leaders in land case

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ABUJA — The Federal High Court, Abuja, has ordered parties in the dispute between Ossiomo Investment Limited and JiangsuL Communication Clean Energy Technology Company Limited (CCETC) to maintain the status quo pending the determination of a suit filed by CCETC.

CCETC, in suit number FHC/ABJ/2031/2025, instituted legal action on 15 October 2025 against the Corporate Affairs Commission (CAC) and Ossiomo Power, seeking judicial intervention in matters relating to the ownership structure of COPC.

Presiding judge, Justice P. O. Lifu, granted an injunction directing all parties to maintain the status quo. The ruling affirms that Ossiomo Power remains the 100 per cent shareholder of COPC as reflected in CAC records.

According to Ossiomo Power, the issues raised by CCETC in the Abuja suit mirror those already subject to arbitration in Singapore, raising concerns about forum shopping. The company reiterated its position as the sole shareholder of COPC and its commitment to stability, good corporate governance, and transparency.

In a related development, an Edo State High Court sitting in Benin City has restrained leaders of the Ologbo community from entering, selling, or developing the 1,511.269-hectare parcel of land located within the Ossiomo Industrial Park in Ologbo, Ikpoba-Okha Local Government Area.

Justice Mary Itsueli, in suit number B/908/2025, issued the restraining order against Chief Emmanuel Iyase, the Okao of Ologbo Community; Mr Eric Osawaru, Chairman of the Ologbo Community Relations Committee; and Deacon Friday Osazuwa, Secretary of the Ologbo Dukedom, acting on behalf of the community.

The order was granted on 11 November 2025. Ossiomo Power said it remains committed to safeguarding its assets and ensuring a secure and orderly industrial environment.

Hearing on the motion on notice has been adjourned to 26 January 2026.

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