Ossiomo vs CCETC: Court Urges Parties to Preserve Status Quo

Legal Dispute Over Ossiomo Investment Limited and CCETC

A federal high court in Abuja has issued a ruling that maintains the status quo between Ossiomo Investment Limited and JiangsuL Communication Clean Energy Technology Co. Ltd (CCETC). This decision comes after CCETC filed a case in suit Number FHC/ABJ/2031/2025 against the Corporate Affairs Commission, Abuja, and Ossiomo Power on 15th October 2025 at the Federal High Court, Abuja.

The court, presided over by Hon Justice PO LIFU, granted an injunction directing that the current situation remain unchanged until the matter is resolved. This ruling reinforces the fact that Ossiomo Power remains the 100% shareholder of COPC, as documented in records from the Corporate Affairs Commission.

The issues raised by CCETC in the Federal High Court are similar to those already being addressed in an arbitration process in the Singapore Court. This has led to concerns about forum shopping, where parties may seek favorable jurisdictions for their cases.

Ossiomo Power has reaffirmed its position as the sole shareholder of COPC and its commitment to maintaining stability, good governance, and transparency in all operations.

Injunction Granted in Edo State

In a separate development, an Edo state high court sitting in Benin City, presided over by Hon Justice Mary Itsueli, has granted an injunction. This order restrains Chief Emmanuel Iyase, the Okao of Ologbo Community, Mr. Eric Osawaru, Chairman of the Ologbo Community Relations Committee, and Deacon Friday Osazuwa, Secretary of Ologbo Dukedom, from trespassing on, selling, or erecting structures on the 1,511,269 hectares of land located at Ossiomo Industrial Park, Ologbo, in the Ikpoba Okha Local Government Area of Edo State.

The restraining order, with suit number B/908/2025, was issued on the 11th of November, 2025. This decision highlights Ossiomo Power's continued commitment to protecting its assets and ensuring a secure and orderly industrial environment.

The case was adjourned to 26th January, 2026, for the hearing of the motion on Notice.

Key Points from the Rulings

• Status Quo Maintained: The court has ordered that the current state of affairs between Ossiomo Investment Limited and CCETC remain unchanged.
• Shareholder Position: Ossiomo Power continues to be recognized as the sole shareholder of COPC, based on official records.
• Arbitration Concerns: The legal issues raised by CCETC mirror those under arbitration in Singapore, raising questions about forum shopping.
• Land Protection: A court in Edo State has issued an injunction to prevent unauthorized activities on Ossiomo Industrial Park land.
• Future Hearing: The case will be revisited on 26th January, 2026, for further proceedings.