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UNCLAIMED DIVIDEND LIST 2017 ”Sugar for Nigeria” Project 7 ANNUAL REPORT & A C C O U N T S ANNUAL REPORT 7 & A C C O U N T S UNCLAIMED DIVIDEND LIST 2017 S/NO WARR NO SHAREHOLDER'S NAME S/NO WARR NO SHAREHOLDER'S NAME 1 12932 OKORIE HELEN OGOWUGO 88 24033 IYAMU JOHNSON CHUKWUEMEKE 2 23939 EZUMA INNOCENT 89 24148 MUSA SAABIYA ABUBAKAR 3 24809 ISHAQ HAMZA DANMAHAWAYI 90 24355 SHAIBU AL-HASSAN 4 29563 OMOLUMHEN JOHN 91 24422 USMAN AMINA 5 7937 MANTU NAZEEHATU ABDULLAHI 92 24432 UWEH NWABUEZE PATERSON 6 12718 IKOTUN MOSES OLADELE 93 24558 ANOSIKE MAXWELL 7 16745 AKINKUOLIE OLUWASINA HENRY 94 25183 EBIRERI JOHNSON OHWOBENO 8 23244 PREBOR AREREPADE 95 25330 NUHU HANAFIYA MOHAMMED 9 24957 SHEMAU AMINU OTHMAN 96 25499 LAWAL NASIRU SHARGALLE 10 24958 SHETTIMA AISHA KASHIM BUKAR 97 25516 SULEIMAN ZAINAB 11 24959 SHETTIMA AMEENA KOLO KASHIM BU KAR 98 26215 AJEIGBE OLAYINKA SAMUEL 12 26095 AGHANENU PATAICK 99 26223 AJIBADE AHMED LANRE 13 27214 DOMFA-LARS TI-TYEM ENOCH 100 26827 AZIKEN GEORGE UCHE 14 29667 ONOS PATRICK BUNOR 101 26922 BELL GAM IBIENE S 15 30372 SUNRISE MICRO-FINANCE BANK NIG LTD 102 27656 FATIMILEHIN OLUWATOBI 16 30601 USMAN AFOR JUDITH JULIET 103 28196 JOSHUA JOEY 17 30704 YUSSUF SULAIMAN IYANDA 104 28197 JOSHUA JONATHAN 18 31913 LAWAL FOLASADE 105 28210 KALLAMU MOSES TUKYES 19 28099 ISANGEDIGHI HENRIETTA 106 28619 NKEMKA CHUKWUEMEKA MOSES 20 29021 OGUNLEYE OLUWATOYIN ALABA 107 28644 NNOLI NNAMDI 21 25200 GARZALI SHUAIBU 108 28765 OBI APRIL UGONNA 22 24044 JIBO MOHAMMED UMARU 109 28941 OGBOGU MARGARET ADENIKE 23 23319 ASUELIMEN ANTHONY ISAIBU 110 29980 OZOH CHUKWUEBUKA UZOMA 24 23853 BUHARI HABIBA 111 30206 SANNI MULIKAT OLUBUNMI 25 19185 ASENUGA CHRISTINE 112 30256 SHEKAN-OLAOSEGBA ATINUKE OLUWAYEMISI 26 19186 ASENUGA JOHN 113 30700 YOOSUF TEMITOPE 27 19187 ASENUGA MARCUS 114 30888 OHALETE MARTINS NNAMDI 28 19188 ASENUGA OREOLUWATOMI 115 31022 SA'ADATUL ABADIYAT ORG OF NIG 29 27197 DIFFERENT CREATIONS 116 31384 OMISORE TEMITOPE MORUF 30 31793 EJIGAH AGBENE 117 31550 NAPKUR JAMES LAVEN 31 26121 AGWU FRANCIS 118 31727 BATUBO PEACE MILLER OBADIAH 32 23136 NNAMANI ADUBUISI 119 31944 NJOKU EMEKA J 33 25098 AHMED LAWAN KARAMI 120 31956 NWANKPA BLESSING 34 26728 ASUAI OSANEBI CLETUS 121 32199 GARBA GALADI MUKHTAR 35 28350 LAWAL KOLAWOLE 122 32225 JATUTU ERIC TOREKORE SAMBARA 36 30006 PETERS KOREDE 123 32237 VICTOR ESTHER 37 31585 SANI SABIU ISMAILA 124 23206 OMABUWA BRIGHT OFORITSENOR 38 23976 HASSAN ADAMU SHEKARAU 125 27554 EZENWA OSITA CELESTINE 39 12834 EGBUCIEM IFEANYI ANTHONY GREGORY 126 25044 ONOJA ABUTU AUGUSTINE 40 24092 MAI DERIBE KOLOKOLO 127 23152 OCHONOGOR FESTUS MADUEGBUNEM 41 23147 OBI CHRISTIANA UGOCHUKWU 128 24947 SANI HALIMA HAMZA 42 24088 MADUKA CHRIS CHUKS 129 2064 BASHIRUDEEN MUSILIU ADIO 43 24149 MUSA AMINAT 130 2336 SOFO IBRAHIM 44 25723 ADEBOYE SAMUEL ADEPITAN 131 9712 EMEZIE EMEKA IKECHUKWU 45 25761 ADEFUSIKA OLUWADAMILOLA 132 10269 OLASOKO VICTOR 46 27452 ENWERE JOYCE NNENNA 133 12029 ENWEMADU HANATU 47 28524 MONUMENT ETHICAL FUND 134 14788 SANI MOHAMMED DAMBAM 48 31475 BABA JOHN 135 17815 MORAKINYO AYODEJI BANKOLE 49 25975 ADEWUMI ADEBOWALE ADENIYI 136 22329 OKONKWO BLESSING 50 19261 DETREM GLOBAL RESOURCES LTD 137 22682 OKOLI EZEKIEL CHUDI 51 19410 IJOMAH CLEMENTINA 138 22852 ARFO HALIMA SHETTIMA 52 27055 CHINAGOROM CHINEDU OZOMGBACHI 139 22977 OWASHI DOMINIC 53 28508 MOHAMMED UMAR LEMU 140 23008 AIDOMOJIE AGATHA UNOMA 54 29074 OJEI MERCY UZO 141 23015 ALIU IMORU 55 29075 OJEI PETER SOLOMON 142 23099 IMEGWU CHIDINMA NNENNA 56 29781 OSARENKHOE NIGEL ENOGIERU SUNDAY 143 23185 OKITIKPI GODWIN 57 30962 FANAWOPO DAVID A 144 23660 ADEBAYO ADEKUNLE ADEKUNLE 58 31658 AKANDE FATAI OLADIRAN 145 23973 HASSAN ASIYA MOHAMMED 59 28793 OBIEKWE HYACINTH 146 23975 HASSAN ZAYAD MOHAMMED 60 31768 DIM CHINEDU 147 24089 MAGAJI GARBA 61 31957 NWANZE UGOCHUKWU FRANKLIN 148 24446 WAYA USMAN ABDU 62 32044 OKWUAZU NZE UMUNNALI 149 24461 YINUSA HADIZA 63 3027 MOHAMMED DANJUMA KUTA 150 24625 TAMBARI BALA 64 12057 NWAGBARA OGOCHUKWU THERESA 151 24661 ADOLE EDO INALEGWU 65 24782 GEORGE DOROTHY HAUWA 152 24737 BOBI ALHAJI ADO 66 27568 EZIMORA ADAMMA ANGELA 153 25145 BELLO USMAN SANI 67 28092 ISA RAHILA TANAPHE 154 25465 AMINU KASIMU 68 29354 OLAGUNDOYE OLAYIMIDE ESTHER 155 25535 ZAKARI AMINA DAURA 69 29808 OSHO OLUMUYIWA OLATUNDE 156 25567 EWURUM LEWIS CHIBUZO 70 23972 HARUNA HALLIRU KARGI 157 25599 2017 GIC CONCEPTS 71 31082 KOLAWOLE MICHAEL FOLABI 158 25939 ADESINA BIKE OMOLARA 72 24906 OLA OLUSOLA OLUWATOYIN 159 26131 AHMADU BELLO HALIMATU 73 23269 WOODGREEN GLOBAL RESOURCES LTD. 160 26231 AJIBOYE- SALAMI ABASS ATANDA 74 32077 ONYEMEH NGOZI CELESTINA 161 26241 AJOSE GIDEON TAIWO 75 44 ESTATE OF AREGBE ADEBOLA OLASUPO 162 26409 AKPUOKWE CHINENYE FELICIA 76 5626 ONUKWUGHA BERNADETTE CHINAKA 163 26428 ALABI EYITAYO OLUWASAKIN 77 10816 YAKUBU UBALE HASSAN 164 26712 ASHIPA PATRICIA OLUSHOLA 78 13336 ILIYA BEATRICE LAZARUS 165 26822 AZEEZ RASHIDAT TITILOPE 79 15470 FAPOJU BAMIDELE GABRIEL 166 26831 AZUBUIKE UCHE MERCY 80 18887 OTULE ANTHONY CHUKWUDI 167 26883 BALOGUN ADEDAYO ZAINAB 81 22784 OGBARA MONOVIE PETER NESTOR 168 26934 BELLO ADESIMIBOLA OLUWAKEMI 82 22833 SALEH HAMZA 169 27241 EBIE BIANI 83 22970 OKIM BASSEY 170 27330 EHINMETAN ADELABU 84 23158 ODINIGWE DON CHINEDU CHUKWUDI 171 27418 EMELIKE OKECHUKWU FELIX 85 23324 CHIMAH IKECHI FAVOUR 172 27506 ETOMI EFOSA OSAZE 86 23732 AKAH IFEANYI KINGSLEY 173 27571 EZULU ELONNA 87 23957 GANAMA ROSE T. 174 27633 FAMAKINWA FOLASADE ADEBUSOLA D A N G O T E S U G A R R E F I N E R Y P L C A N N U A L R E P O R T 2 0 1 7 1 ANNUAL REPORT & A C C O U N T S 7 UNCLAIMED DIVIDEND LIST 2017 Cont’d S/NO WARR NO SHAREHOLDER'S NAME S/NO WARR NO SHAREHOLDER'S NAME 175 27882 IBITOYE OLUWABANKE KIKELOMO 261 29367 OLAJOLO MOROLAKE 176 28330 LAWAL EUNICE 262 22865 GONI MOHAMMED 177 28427 MALAM IBRAHIM ALHAJI SANI 263 9447 ODULAJA OLARONKE OLAYEMI 178 28479 MGBOKWERE SOLOMON 264 5409 OBIORA PATRICK UZOKA 179 28505 MOHAMMED MISTURA MOROMOKE 265 17496 HASSAN MUSA ARIBITO 180 28507 MOHAMMED SHERIFF 266 18405 ONAGA ARINZE HYGINUS 181 28610 NIGERIA UNION OF TEACHER MULT. COP. SOC. 267 22986 USMAN SALISU MOHAMMAD 182 29434 OLOMU JOSEPHINE JUMOKE 268 23022 ARIODERE AUGUSTINE COLLEGE 183 29538 OMISORE SILIFATU 269 23926 ESTATE OF FAMOYIN OLUSOLA ADEGBITE 184 29903 OWUYE OKIKIOLA 270 25402 UMAR AISHA 185 29986 PALMERS TRADING INTL LTD 271 25651 ABIOLA ALABA ABOSEDE 186 30403 TANIOWOMO MORIAMO YETUNDE 272 25867 ADENIYI FUNMILAYO ADEDAYO 187 30473 UBA ADEIDUNNU OLUFISAYO 273 28536 M-SDS/UMUKORO ESE ENAIYE 188 30858 BALOGUN MOSES OLUWAGBAMILA 274 29053 OGUNYINKA YOMI 189 31007 OMOTOMINIYI EMMANUEL OLUWAKAYODE 275 30252 SHAIBU WAIDI 190 31021 OYEGBAMI MODEBOLA M 276 30257 SHELL COOP/ OLANIYAN OLAYINKA OLUSEGUN 191 31094 OJEWALE MICHAEL EUNICE 277 30918 ADESOLA MUNIR ADEKUNLE 192 31320 ODIDI KENNETH CHUKS 278 31424 SDS SW/KOLADE TAYO 193 31620 ADEGOKE YETUNDE 279 24647 ADAMU BELLO 194 31730 BELLO KASSIM OLANREWAJU 280 26690 AROWOLO EBENEZER ADEYEMI 195 31751 CHOBA COMPARATIVE CO-OP INV. & 281 28013 IKENEKU ALEX OJIYOVWI CREDIT SOCIETY LIMITED 282 11059 IBRAHIM MOHAMMED TUKUR 196 31875 IDOWU JAIYEOLA MAJOWA 283 24141 MUKHTAR RUKAIYAH HALILU 197 32114 RABIU IDRIS ASIYA 284 24468 YUSUF FATIMA GAMBO 198 32138 UBA MERCY CHIDEBEM 285 27824 HANSON FRIDAY YELLOW 199 32187 ABUBAKAR ZUBAIDA 286 30768 OCHOMA THANKGOD 200 32214 NASIRU BELLO 287 31186 AKINLOYE MOTOLANI 201 29255 OKOROAFOR MARTIN CHUKWUDI 288 791 ITA ESU OYO 202 27519 EYARU EJIRO 289 23581 OMEJE CHIDIEBERE STEPHEN 203 26211 AJAYI OLUSOLA BAMIDELE 290 25378 SHUAIBU MUHAMMED LAWAL 204 26550 AMEGO FRANCIS EDOGBO 291 27274 EDOZIEN NGOZI OLUWATOYIN 205 30161 SABO ANTHONY 292 31497 DIKWA ALI MUHAMMAD 206 26010 ADEYEMO OLUWASEMILORE OLUWAFIKAYOMI 293 26363 AKINWANDE ABAYOMI 207 23126 MOSURO OLAYINKA ABIODUN 294 25943 ADESOJI ADEBOWALE & STELLA OMOH 208 23988 IBRAHIM AUWAL DR 295 26832 AZUH VICTOR IJOMA 209 24386 TONDU JOHN 296 2135 ORUNGBEJA BABATUNDE OMOWAIYE 210 24504 ADAMU MOHAMMED BABA 297 2550 OSARUMWENSE DENNIS KEHINDE 211 25108 ALI KOKI SALISU 298 18750 ADENLOLA SARAFADEEN ADEWALE 212 25309 MUKHTAR FATIMA BATULU 299 28056 INDEX ASSET MANAGEMENT LTD 213 26059 AFULUKWE MARTINS CHINEDU 300 28662 NWACHUKWU SUNDAY 214 26345 AKINSOWON ROTIMI FEMI 301 31101 OLUWAKUYIDE SAMUEL AKINOLA 215 27255 EDAFIAGA ONAJITE REBECCA 302 25403 UMAR AWAISU 216 27288 EFFIOM-EKEH VICTORIA CHIMA 303 25405 UMAR IBRAHIM 217 27635 FAMILUSI BABARANTI 304 27647 FASHINA OLUWATOMISIN & TOLULOPE 218 27784 GIWA RALIHAT OMOLARA 305 28684 NWAKAOHU AHURUELE EUNICE 219 28085 IROANYA DENNIS NKEMAKOLAM 306 28030 ILECHUKWU IFEYINWA JOSEPHINE 220 28393 MACAULAY FUNSHO 307 24327 SALAMI ABDURAHMON SHOLA 221 29038 OGUNSINA YEWANDE OLUKEMI 308 28799 OBINYAN A EMMANUEL 222 29101 OJO KEHINDE OLUBUKOLA 309 31982 OBATOKI OLUSEGUN 223 29227 OKONKWO MICHAEL CHIDI 310 28113 ITC PROPERTY & INVESTMENT COMPANY LTD 224 30366 SULE OLAYEMI 311 26997 BUKAR KYARI ABBA 225 30495 UDEH VALENTINE CHIJIOKE 312 28032 ILEMOBOYE SAMSON 226 31258 FEMI-EMMANUEL OLUWATOBI PAUL 313 28835 ODEOLA MOSES OYETUNBE 227 31292 KOLA-DAISI KOLAWOLE 314 29541 OMODARA OLU WILLIAM & OLUFEMI .A. 228 31633 ADEWOLE-ORIADE ABIMBOLA 315 25520 UMAR IDRIS 229 31906 KANU IJERE EMMANUEL 316 29321 OLA KOLADE & FADAHUNSI O. OLUFEMI PETER 230 32067 ONWUEMENE UCHE PATRICK 317 22797 AGU VIASHIMA 231 28506 MOHAMMED SALIHU 318 24860 MOHAMMED YAHAYA ISA 232 23497 CHUKWUANUKWU MAUREEN IJEOMA 319 25061 ABDULLAHI MARYAM 233 23775 ALOEFUNA EMMANUEL 320 25218 IBRAHIM ABUBAKAR GARBA 234 27260 EDEOGHON EHINOMEN JOHN 321 32103 OYONGHA MBA MBA 235 28749 OBAFEMI GABRIEL OLORUNDARE 322 29044 OGUNTOYE OLUWATOYIN MOBOLAJI 236 29964 OYEWOLE OLUGBOYEGA 323 24720 BAHAGO PHINEHAS 237 31439 SULAIMAN AMIDU OMOTAYO 324 26640 ANYANWU SCHOLAST UCHE 238 19094 AKANDE SHOLA 325 27565 EZEUKWU NZUBE REMIGIUS 239 28464 MEGALIFE CONCEPT ENTERPRISES 326 22834 SAM EDEMEKONG ISAAC 240 23120 MILLAR OLUSOLA JIMOH 327 28804 OBISESAN GBADEGESIN ALABI 241 23639 ABRAHAM UNEKWU ABBA 328 15 ADEWALE JOHN BABATUNDE ADERON MU 242 24798 IBRAHIM AHMED RUFAI 329 19 AGBANA GBENGA JOSEPH 243 31376 OLORUNNISOMO ISAAC 330 28 AKINSANYA ADEMOLA RASAQ 244 32091 OSUAMKPE IBINABO 331 29 AKINSANYA OLUWOLE 245 32156 UMELO CHUKWUEMEKA O.
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    UNIVERSITY OF MAIDUGURI (OFFICE OF THE REGISTRAR) UTME ADMISSION 2016/2017 SESSION COLLEGE OF MEDICINE MBBS S/No. REGISTRATION No. NAME 1 65012453FG PAUL LIZZY-ROSE OILONYE 2 65241316DD THOMAS TIMOTHY CHINDA 3 65988663FA HARUNA USMAN 4 65880541EI IBRAHIM KUBAIDU 5 66531268IJ UDECHUKWU FRANKLYN CHUKWUEMEKA 6 65305578ID DAUDA ADAMU ADAMU 7 66546199BD MUKTAR USMAN MODIBBO 8 65989125CC ADEBAYO ABRAHAM SUNDAY OMEIZA 9 65759941DI ORLU-OMA CHIMELE 10 65021759HE AKIN VICTOR SAMARI 11 65488101HJ LUKA SHELLE 12 65859958AI TERHEMBA JERRY SAANIYOL 13 65875581IH UMAR ABUBAKAR 14 65891180EE BUBA BASHIR A 15 65295774AH NUHU RHODA ALKALI 16 66546503HB ANDREW MELCHIZEDEK 17 66550295EE AHMAD SHAMSUDDEEN 18 65198536EC ECHE MOSES ALAJE 19 65904453JC OCHE PRINCESS EHI 1 20 65299718AJ ABDULMUMIN ABUBAKAR 21 65459752FH OBI SOMTO 22 65780434FH JATTO ISA ENERO 23 66200732GG MICHAEL BLESSING 24 66299464BB MICHAEL KISLON SHITNAN 25 65903857DH USMAN ADAMA 26 66215998FC GWASKI ISAAC DIKA 27 66496897JB MOHAMMED ADAMU DUMBULWA 28 65243376GB TAHIR MUHAMMAD ARABO 29 66048182HA JERRY LEAH 30 65885079BE AHMED ABBA 31 65858960JC GAMBO LAWI 32 66246168ED SAMAILA BITRUS VISION 33 65919477CI OBI PETER CHIGOZIE 34 65548790IB GADZAMA JANADA YOHANNA 35 66193123AB MOSES MATTHEW TAIYE 36 65780170HD AERNAN SEDOO 37 65786350GA ZAKARIYYA ABDULMUMIN SANI 38 66324429JH OJIMADU CHIDINDU GODSWILL 39 65527190IF MBAYA ENOCH SAMUEL 40 65199053ED GAGA TERNGUNAN ERIC 41 65534793HB ROBERT RAKEAL 42 65305105EH YAK'OR TONGRIYANG DAWEET 43 65299765GC GONI AISHA UMAR 44 65136595BD AFOLABI ABDULWAHAB
  • An Assessment of Civil Military Relations in Nigeria As an Emerging Democracy, 1999-2007

    An Assessment of Civil Military Relations in Nigeria As an Emerging Democracy, 1999-2007

    AN ASSESSMENT OF CIVIL MILITARY RELATIONS IN NIGERIA AS AN EMERGING DEMOCRACY, 1999-2007 BY MOHAMMED LAWAL TAFIDA DEPARTMENT OF POLITICAL SCIENCE AND INTERNATIONAL STUDIES, AHMADU BELLO UNIVERSITY, ZARIA NIGERIA JUNE 2015 DECLARATION I hereby declare that this thesis entitled An Assessment of Civil-Military Relations in Nigeria as an Emerging Democracy, 1999-2007 has been carried out and written by me under the supervision of Dr. Hudu Ayuba Abdullahi, Dr. Mohamed Faal and Professor Paul Pindar Izah in the Department of Political Science and International Studies, Faculty of Social Sciences, Ahmadu Bello University, Zaria, Nigeria. The information derived from the literature has been duly acknowledged in the text and a list of references provided in the work. No part of this dissertation has been previously presented for another degree programme in any university. Mohammed Lawal TAFIDA ____________________ _____________________ Signature Date CERTIFICATION PAGE This thesis entitled: AN ASSESSMENT OF CIVIL-MILITARY RELATIONS IN NIGERIA AS AN EMERGING DEMOCRACY, 1999-2007 meets the regulations governing the award of the degree of Doctor of Philosophy in Political Science of the Ahmadu Bello University Zaria and is approved for its contribution to knowledge and literary presentation. Dr. Hudu Ayuba Abdullahi ___________________ ________________ Chairman, Supervisory Committee Signature Date Dr. Mohamed Faal________ ___________________ _______________ Member, Supervisory Committee Signature Date Professor Paul Pindar Izah ___________________
  • Federalism, Power Sharing and the 2011 Presidential Election in Nigeria

    Federalism, Power Sharing and the 2011 Presidential Election in Nigeria

    VOLUME 11 NO 1 31 FEDERALISM, POWER SHARING AND THE 2011 PRESIDENTIAL ELECTION IN NIGERIA Emmanuel Remi Aiyede ABSTRACT Power sharing has become a prominent feature of post-election conflict management practice in Africa in recent times. A study of the Nigerian experience provides useful lessons about the theory and practice of power sharing in a divided society with a federal system. Nigeria instituted the ‘zoning with rotation’ principle to shore up the affirmative action/federal character principle earlier devised to manage the inter-ethnic tensions that followed the crisis thrown up by the annulment of the presidential elections of 12 June 1993. This article examines the challenges and debates over power sharing in the build-up to the 2011 elections as a result of the entrance of Goodluck Jonathan (a southerner) into the presidential race, made possible by the death of President Umar Musa Yar’Adua (a northerner) in a clear upset of the power-sharing arrangement. It argues that while the ‘zoning with rotation’ principle remains useful for stability and representation in Nigeria its sustenance depends on its flexible application and the creativity of the elites as they negotiate and manage the power disequilibrium that results from perceived access or lack of access of segments of Nigerian society to top political office. The Nigerian case shows that the ‘zoning with rotation’ principle is problematic as a long-term solution because it constrains the notion of free political competition and the uncertain outcomes that are central to democracy. INTRODUCTION At the heart of the search for a solution to what Ayoade (1998, p 106) describes as ‘representational equity’ in Nigeria is the preference of the political elite for power sharing.
  • An Assessment of Odu'a Investment Company

    An Assessment of Odu'a Investment Company

    Covenant University Journal of Politics & Internationall Affair. Vol. 7 No. 1, June 2019 ISSN: p. 2354-3558 e. 2354-3493 DOI: 10.20370/ddtf-z111 An Open Access Journal Available Online Bleeding the Commonwealth: An Assessment of Odu’a Investment Company Limited, 1985-2008 Abimbola Oyarinu Department of History and Strategic Studies, University of Lagos, Akoka Lagos, Nigeria Received: 24.02.2019 Accepted: 25.05.2019 Date of Publication: June, 2019 Abstract: Corruption is a scourge destroying public enterprises in Nigeria but the idea that corruption is the major reason why public enterprises fail might be far from the truth. Enormous corruption occurred in Odu’a Investment Company Limited between 1992 to 2008, which led to the obliteration of the Yoruba patrimony. While associated companies, which are run by private hands are making profits and paying dividends, the subsidiary companies are being bleed white owing to massive corruption stemming from a dysfunctional structure. A historical method is adopted as data were collected from archives, interviews, private records, company journals, newspapers, books and internet materials. The study is both descriptive and analytical and data is analysed using content analysis. This work concludes that corruption is not the major reason why public enterprises fail but the structure like neorealism postulate. The structure of public enterprises is discovered to lack Agency. Keywords: Corruption, OICL, Owner-States, Public Enterprises, Structure Introduction made her balance of trade a mockery The idea that government has no to the eyes. Awolowo, an business in business is an argument accomplished Keynesian economist, advanced and popularized by neo- had realized as far back as the 1950s liberalists in the 1970s.