The money of the Federal Co-operative College Oji River under its Provost, Dr Jude Ejikeme Obidiegwu, did not scatter. It concentrated. The official payment records of the college between November 2024 and June 2026 carry 556 beneficiaries, and the top of the table is a tight circle of familiar names. A SecretsReporters examination of the records shows Progressive Contractors Ltd at the head of it, with N3,151,217,250 across 12 payments for rural roads, hospital rehabilitation, vehicles and motorcycles, grains and fertilizer. Gold Reef Construction Ltd follows with N2,909,764,150 across 11 payments. Hard Harts Construction Ltd took N2,840,188,800, Handerson Builders Ltd took N2,835,678,000 and Swam Construction Ltd took N2,596,446,213.
The circle does everything. Gold Reef Construction, a construction company, was paid for erosion control on farmland in Ikono, for rural farm roads, for rural markets and for access roads, and its single agricultural payment was N60,550,000 for training on agricultural practices in Ozubulu. Progressive Contractors built roads in Akwa Ibom, rehabilitated hospitals, supplied motorcycles and keke napep across the country and delivered 2,480 bags of rice into Edo State. Techtap Consult Limited collected N2,532,500,000 across 11 payments spanning solar streetlights, empowerment programmes, classroom blocks, computer installations and farm clusters. Diamond Leeds Ltd collected N2,346,784,950. Ken Vic Moore Biz Ventures Nig Limited collected N2,004,087,900. Gold Reef Consult Ltd collected N1,969,435,350.
One value, repeated 34 times
The circle’s signature is a single sum. The records carry 34 payments of exactly N447,500,000 each, N15,215,000,000 in total, made to 26 companies on three days, 16 February 2025, 19 September 2025 and 13 December 2025, for the completion of rural roads, the rehabilitation of hospitals and the construction and rehabilitation of markets. The register dates the cast. Nine of the paid contractors were incorporated between February and April 2023 with near-sequential registration numbers: Blue Light Gold System Limited, RC 6864753, on 6 February 2023; Gold Reef Construction Ltd, RC 6911523, on 20 March 2023; Zentrum Builders Ltd, RC 6912437, on 21 March 2023; Bellevue Investments Ltd, RC 6913587, on 23 March 2023; Beyer Dynamic Ltd, RC 6913593, on 23 March 2023; Progressive Contractors Ltd, RC 6924340, on 3 April 2023; Grunt Engineering Ltd, RC 6925229, on 4 April 2023; Hard Harts Construction Ltd, RC 6927179, on 4 April 2023; and Handerson Builders Ltd, RC 6928909, on 5 April 2023, every one of them standing active. Sequential numbers on the register are a fact pattern, not a verdict. The Public Procurement Act 2007, which demands open competition for public contracts, is the law the pattern is read against.
Three names, one family of filings
The Gold Reef name appears in the payment records in three forms, and the filings separate them. Gold Reef Villa Ltd was paid N447,500,000 twice on 16 February 2025, lots A and F of the same nationwide rural farm roads programme, and collected N1,744,544,000 in all. Corporate filings examined by Secrets Reporters name Ifekudu Kenneth Ejiofor as the person with significant control of Gold Reef Consult Ltd, with a 50 per cent shareholding, as the person with significant control of Gold Reef Villa Ltd, and as the person with significant control of Corporate Bomanti Ltd, with a 95 per cent shareholding. He is also a director of Ken Vic Moore Biz Ventures Nig Limited. Gold Reef Construction Ltd, the largest collector of the three names at N2,909,764,150, is not tied to him in the filings, and this report does not tie it to him.
The filings draw the wider web. Ifekudu Chioma holds 50 per cent of Diamond Leeds Ltd and 20 per cent of Swam Construction Ltd. Ifekudu Onyinye is a director of Diamond Leeds Ltd and the company secretary of Ken Vic Moore. Ifekudu Bryan Chibuzor holds the remaining 5 per cent of Corporate Bomanti Ltd and is an officer of Gold Reef Villa Ltd. Izunna Lawrence Emecheta, a legal practitioner, is an officer of both Swam Construction Ltd and Corporate Bomanti Ltd. Corporate Bomanti Ltd collected N1,498,982,000 across five payments, one of them a road lot of N447,500,000 for the internal road at Atan Residential Estate, Ikot Ekpene. A shared family name across the filings is a documented filings fact. It does not name a single controller, and this report does not.
The December 2019 trio
A second cluster sits in the filings at the other end of the register. Techtap Consult Limited, RC 1638831, was incorporated on 4 December 2019. Cinedox Solution Limited, RC 1639420, and Alpuba Services Limited, RC 1639435, were incorporated two days later, on 6 December 2019, with near-sequential numbers of their own. The filings of all three name the same officers: Osho Ibukun Isreal as the person with significant control, Osho Juliana Pascaline as a shareholder, and John Abah Augustine as an officer of each company. Techtap and Alpuba share the exact registered address at Plot 39, Kwame Nkrumah Crescent, Asokoro, Abuja. Cinedox stands at Suite B87, Area 11 Shopping Mall, Garki, Abuja. Cinedox Solution Limited collected N1,897,300,000 from the college and Alpuba Services Limited collected N1,840,500,000.
All four companies, Techtap, Blue Light Gold System, Cinedox and Alpuba, are named among the 28 companies in a November 2025 inquiry by the Economic and Financial Crimes Commission into alleged contract irregularities at the Ogun-Osun River Basin Development Authority. The Commission’s invitation letter, reference CR:3000/EFCC/ABJ/HQ/SDC-4/B/MAK/VOL.2/448, summoned the Authority’s procurement head with the contracts, payment records and bills of quantity, invoked Section 38(1) of the EFCC Act and Section 24 of the Money Laundering (Prevention and Prohibition) Act 2022, and disclosed no specific allegation against any individual company. A petition by three of the Authority’s own Executive Directors to the Bureau of Public Procurement, alleging grave violations in its 2025 procurement exercise, runs alongside the inquiry. A separate petition has alleged that Techtap and Cinedox sit in shared-address contractor clusters connected through one Augustine John Abah, and has raised a corporate identity theft allegation against him. Those are allegations in petitions, not established facts, and this report treats them as such. The shared officers, the sequential numbers and the two addresses are what the filings print.
One officer across three more companies
One legal practitioner recurs across three further recipients. Nneka A. Nwachuku is listed as an officer of Brighttech Resources Limited, of Lightfeed Global Services Limited and of Rightnetwork Investment Limited. Lightfeed, which stands inactive on the Corporate Affairs Commission register, collected N524,947,500 as a first tranche for the supply and installation of ten 300KVA transformers to Lagos State, and N1,067,947,500 from the college in all. Rightnetwork collected N314,842,500 as a first tranche for solar powered borehole facilities. Three companies, one shared officer, and payments running past a billion naira between two of them.
Terminated elsewhere
The paper trail follows some of these names beyond Oji River. A July 2024 National Assembly investigative hearing document on the dualisation of the Obajana Junction to Benin road lists Diamond Leeds Ltd, Gold Reef Consult Ltd, Swam Construction Ltd and Kenvic Moore Business Ventures among terminated contracts. The document records terminations. It makes no finding against any company, and neither does this report.
Names the register prints differently
Four beneficiaries paid more than N50 million each carry misspelled or truncated names in the official payment records. Siakab Unique Global Ventures And Integrated Resou, its name cut off mid-word, was paid N375,300,000; the register resolves it to Siakab Unique Global Ventures And Integrated Resources Limited, RC 1875184, standing active. Skiland International Limiited was paid N222,500,000; the register resolves it to Skiland International Limited, RC 311759, standing active. Bonita Bay Limted was paid N134,250,000; the register resolves it to Bonita Bay Limited, RC 857104, standing active. Naomi Engineering Nigeria Limted was paid N260,750,000; the register resolves it to Naomi Engineering Nigeria Limited, RC 826929, and marks it inactive, printing against its name the notice to visit the Commission and update its status. The Companies and Allied Matters Act 2020 anchors every naira of public contracting to a duly registered corporate identity in current standing.
One name carries a different register problem. Bajem Trust Ltd was paid N188,000,000 on 16 February 2025 for rice to the Yenagoa/Kolokuma-Opokuma Federal Constituency. The Corporate Affairs Commission register holds Bajem Trust Limited, registration number RC 763081, registered on 27 July 2008 and standing inactive; searches under the shortened forms of the name, Bajem Trust Ltd and Bajem Trust, returned no separate record. The Act makes registration the gateway to corporate existence in Nigeria, and current standing the measure of a company in good order. The payment records show N188 million paid under a shortened name to a company the register lists as inactive, into a circle the register knows very well.
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