Business

FRAUD: Lady Osagie Links Obasanjo To Ebonyi’s N6.9bn RAAMP Project

• Alleges Obj Demanded $250.000 Reward
• Forges Documents to Obtain N1.5bn Bank loan
• Company Petitions World Bank, EFCC, DSS

Attempts by the Ebonyi State Government to undertake Rural Access and Agricultural Market Projects (RAAMP) worth N6.9 billion, which were awarded to Enegix Construction JV PMCC Ltd, are running into stormy waters, as Ms. Osagie Adewunmi, who claimed to be a proxy of former president Olusegun Obasanjo in the project, has hijacked the project, according to petitions and available documents on the matter.


The RAAMP road project, awarded to Enegix, a Kaduna-based construction firm, on 15th July, 2024, was for the execution of selected 28 KM ( 8.5KM -Ominyi Road; 4.0KM – Edukwuachi – Emmanule Parish Road; 3.5KM – Ezzagu – Igbuhu – Ezza-Ofu-Oferekpe Agbaja; 5.0KM – Enyigba Olua Azu Akpara – Amagu Onicha Road; 4.0KM – Egwudinagu -Ededeagu -Ndioke – Okoffia – Igweledeoha and 3.0KM – Effiulo-Abarigwe Abogodo Road.


Speaking at a press conference in Abuja on Sunday, the construction company said the World Bank project was lawfully awarded to it and that it quickly mobilized to the site, executing what it described as substantial works. According to Enegix, the works included 100% clearance of a 28-kilometer road corridor, earthworks on 25 kilometers, hydraulic structures over 14 kilometers, and commencement of concrete pavement and bridge works. Enegix stated that a joint measurement exercise on 1st September, 2025, valued executed work at ₦1.01 billion.

Ms. Osagie is alleged to be collaborating with the Commissioner of Rural Development, Okpor Chikadibia, to frustrate Enegix


Under the sponsorship of the World Bank and the Agence Française de Développement, the company moved to the site after engaging Zenith as its Guarantor for the Ebonyi road project. In August 2025, Enegix agreed with Ms. Osagie, who boasted that, as someone close to former President Obasanjo, she could secure funding for the projects and facilitate the award of other projects for the company.


Having convinced Enegix of her capacity to deliver on new investments and open a floodgate of financial lifelines, Osagie deployed falsehood to showcase how close she was to the former president. She was given 40 percent equity, which she claimed was one of the conditions demanded by Obasanjo, including her appointment as a non-executive director as the former president’s proxy in the company. Osagie, Enegix maintained, in several petitions to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offenses Commission (ICPC), that it violated the terms of the agreement as an investor.

Osagie has denied Enegix access to sites


Disturbed by Osagie’s strange behaviour of not adhering to the terms of the agreement to serve as an investor and facilitate funding for projects, Enegix reached out to former President Obasanjo to ascertain whether he had requested $ 250,000 in compensation as an investor for the company. In a letter dated 12th March, 2026, addressed to the company and signed by the assistant Legal Officer of Obasanjo Holdings Ltd, Barr Odugbesan Iyioluwa, Obasanjo said: We write on the instruction of His Excellency and start by setting the record straight that His Excellency, Chief Olusegun Obasanjo, GCFR at no point requested for the sum of N250.000 (Two Hundred and Fifty Thousand US Dollars) from Mrs. Osagie Adewunmi as compensation for bringing investors to assist in executing the RAAMP project awarded to your company by the Ebonyi State Government”.


The company further alleged that Adewumni, in connivance with Ebonyi State Commissioner for Rural Development Okpor Jude Chikadibia, gained unauthorized access to project sites and blocked Enegix’s personnel from working. Enegix said its workers were threatened by the Commissioner, forcing a temporary withdrawal for safety reasons. It also claimed that on 23rd May, 2026, its team was obstructed at the Ominyi site by touts allegedly acting under the instructions of Hon. Mbam Obinna Goodluck, a member of the Ebonyi State House of Assembly, and that equipment on site was vandalized and materials were lost.

In collaboration with some top officials of the Ebonyi State Government, Osagie moved to the site and prevented Enegix construction workers from resuming work. More shocking, the usurper has also forged documents to obtain a N1.5 billion loan from Providus Bank to take over a company for which she was engaged as a facilitator, and to broaden the construction firm’s business prospects. Enegix has terminated the agreement it entered into with Osagie.


“The Ebonyi RAAMP project is under threat. All correspondence to Governor Francis Nwifuru is yet to yield the desired fruit, as certain officials are diverting the governor’s attention from the matter. The governor has been made aware of the matter, but he wants an evaluation. However, Osagie is nowhere to be found. She has refused to attend an evaluation meeting. From the loan she collected from Providus Bank, she has spent less than N500 million out of the N1.5 billion she collected from the bank with forged Enegix documents,” according to a source knowledgeable in the matter.

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