STAKEHOLDERS AFFIRM WINGSONG M-HOUSE AS CORE INVESTOR IN AYIP EKU PALM ESTATE.

At a High-Level Stakeholders’ meeting held on April 15, 2025, at the Metropolitan Hotel, Calabar, key decisions were reached to address the long-standing ownership and development challenges surrounding the Ayip Eku Oil Palm Estate in Akamkpa Local Government Area.

The Stakeholders put to rest the ownership status thus; Confirmed Wingsong M-House Palm Oil Investment Limited as the official core Investor in the Ayip Eku Oil Palm Estate, with backing from the Bureau of Public Enterprises (BPE), Abuja.

It was noted that the said Investor have negated in the Contractual Agreement. Hence, the Company had not fully met its original obligations concerning the Estate’s Development and Management, and have been instructed to submit a comprehensive development plan for the Estate within one month.

Outside the comprehensive development plans, the Management of Wingsong M-House is to provide a formal commitment letter to the Governor, His Excellency, Apostle Senator Prince Bassey Edet Otu, referencing resolutions from the meeting and including all relevant Stakeholders.

These resolutions reflect a united effort to revitalize the Estate and promote sustainable development for the benefit of Investors, Local communities, and the State.

The government remains dedicated to transparency, stakeholder engagement, and agro-industrial growth of Cross River State, and warned unauthorized individuals desist from impersonating or encroaching on the estate.

Present at the meeting were top Government officials and Community Leaders, including the Senior Special Adviser on Security, the Commissioner of Police, State Director, DSS., Forestry Commission, Chairman of the House Committee on Agriculture and Forestry, Cross River State House of Assembly, the House of Assembly member representing Akamkpa II State Constituency, the Chairman, Akamkpa Local Government Council, Village Chiefs, and representatives of Wingsong M-House Palm Oil Investment Limited.

Find full text of the Press Release Below:

GOVERNMENT OF CROSS RIVER STATE, NIGERIA. PRESS RELEASE:

RESOLUTIONS FROM THE STAKEHOLDERS’ MEETING ON AYIP EKU OIL PALM ESTATE, AKAMKPA LGA.

17th April, 2025

Following thorough deliberations held on Tuesday April 15, 2025, at the Metropolitan Hotel Calabar, to address longstanding issues surrounding the ownership and underdevelopment of the Ayip Eku Oil Palm Estate in Akamkpa Local Government Area, key stakeholders—including the Senior State Security Adviser, the Cross River State Commissioner of Police, the State Director of the Directorate of State Security Services, the Chairman of the House Committee on Agriculture and Forestry, Cross River State House of Assembly, the House of Assembly member representing Akamkpa II state constituency, the Chairman, Akamkpa Local Government Council, Chairman Cross River State Forestry Commission, Village Chiefs and Leaders of the host communities, as well as representatives of Wingsong M-House Palm Oil Investment Limited, adopted the following resolutions:

1. Wingsong M-House Palm Oil Investment Limited is affirmed as the core investor of the Ayip Eku Oil Palm Estate. This affirmation was supported by official correspondence between the Ministry of Agriculture and Irrigation and the Bureau of Public Enterprises (BPE), Abuja, which conclusively clarified the ownership status.
2. Wingsong M-House Palm Oil Investment Limited was found to have fallen short of its original contractual obligations regarding the development and management of the estate.
3. Stakeholders directed Wingsong M-House Palm Oil Investment Limited to submit a comprehensive development plan for the estate within one month from the date of the meeting.
4. Wingsong M-House Palm Oil Investment Limited is also required to submit a formal letter of commitment to the Governor of Cross River State, referencing submissions made during the stakeholders’ meeting and copying all relevant stakeholders.

These resolutions reflect the collective will of all parties involved and aim to ensure the revitalization and productive utilization of the Ayip Eku Oil Palm Estate.

The administration of His Excellency, Apostle Senator Prince Bassey Edet Otu, remains committed to transparency, constructive stakeholder engagement, and the advancement of agro-industrial growth that delivers benefits to investors, host communities and the general public.

All impostors are hereby warned to desist from any act of impersonation or encroachment on the Estate.

 

(Signed)
Hon. Johnson A. Ebokpo (KSM) 

COMMISSIONER FOR AGRICULTURE AND IRRIGATION DEVELOPMENT., CRS.