One Man Registers 5 Firms Within 48Hours, Secures Inflated N3.4Bn Nigerian Police Contracts Through 366 Payments, Supplying Sardines At ₦8,600 Per Tin, Others

According to the investigation, five companies — Akulight Technologies Limited, Mag-Tram Systems Limited, Drip-CHS Tech Nigeria Limited, Elapsotic Ventures Limited, and Danlokey Systems Limited — were registered with the CAC between January 3 and 4, 2023.

A SaharaReporters investigation has exposed how a man registered five companies with the Corporate Affairs Commission (CAC) within two days and then used those companies, alongside three others he had earlier registered, to win suspiciously inflated contracts from the Nigeria Police Force led by Kayode Egbetokun.

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According to the investigation, five companies — Akulight Technologies Limited, Mag-Tram Systems Limited, Drip-CHS Tech Nigeria Limited, Elapsotic Ventures Limited, and Danlokey Systems Limited — were registered with the CAC between January 3 and 4, 2023.

Danlokey Systems Limited was registered on January 4, 2023. Elapsotic Ventures Limited was registered on January 3, 2023. Drip-CHS Tech Nigeria Limited was registered on January 4, 2023. Mag-Tram Systems Limited was registered on January 3, 2023.

Akulight Technologies Limited was registered on January 3, 2023. All five companies are owned by one man: Oranyedu Chukwudi Samuel.

Danlokey Systems Limited, Drip-CHS Tech Nigeria Limited, and Mag-Tram Systems Limited operate from the same address — Plot D45H, SCC Road, Usafa Plaza, Abuja, FCT. Meanwhile, Akulight Technologies Limited and Elapsotic Ventures Limited both operate from No. 20, Area 1 Shopping Complex, Shop S5H, Ground Floor, Abuja, FCT.

Apart from the five companies registered between January 3 and 4, 2023, he also deployed three others he had registered earlier — Chumchuks Investment Limited, Olycee Ventures Limited, and Waves Fulfillment Limited — to win contracts from the Force.

Investigations show that the five companies registered between January 3 and 4, 2023, subsequently received 366 payments between August 30, 2023, and December 30, 2024. The payments totaled approximately N3.4 billion.

The breakdown shows that Elapsotic Ventures received a total of N820.5 million across 91 payments between August 30, 2023, and December 30, 2024.

Akulight Technologies Limited was paid N590.5 million across 71 payments by the Nigeria Police from August 30, 2023, to December 30, 2024.

Danlokey Systems Limited received N753.1 million in 70 payments between August 30, 2023, and December 30, 2024. Drip-CHS Tech Nigeria Limited received N580.3 million, broken down into 56 payments between August 30, 2023, and December 30, 2024.

Further review shows that Mag-Tram Systems Limited received N693.8 million in 78 payments between August 30, 2023, and December 30, 2024.

In total, the five companies registered with the CAC on January 3 and 4, 2023, by Oranyedu Chukwudi Samuel received payments worth about N3.4 billion — all between August 30, 2023, and December 30, 2024.

Several specific payments and items stand out.

On August 30, 2023, Akulight Technologies received N8.6 million for the supply of canned baked beans as consumables and logistics requirements for personnel deployed to carry out security operations and intelligence gathering in Borno State.

On October 5, 2023, the police paid N8.6 million to Akulight for 25 cartons of canned beef and other consumables. On October 26, 2023, another N8.6 million was paid to Akulight for 20 cartons of canned beef and other consumables.

On December 12, 2023, Akulight was paid N8.6 million for 30 cartons of Hobnobs biscuits, which implies each carton cost N286,666. On December 11, 2023, Akulight received N8.6 million for 20 cartons (50 pieces per carton) of Titus sardines — valuing each carton at N430,000, or N8,600 per tin.

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SaharaReporters’ checks show that a standard carton of Titus sardines (50 pieces) costs about N75,500–N87,000 on commercial platforms — far lower than the N430,000 per carton the Nigeria Police paid. One unit of Titus sardine is sold at about N1,990 on Supermart, compared with the N8,600 per tin the police paid to Akulight Technologies.

On December 26, 2023, the police paid N8.6 million to Akulight for 12 cartons of Geisha sardines — N716,666 per carton. On the same day, another N8.6 million was paid for 10 cartons of Geisha, valued at N860,000 per carton. A further N8.6 million was also paid for 14 cartons of Geisha sardines.

On April 4, 2024, the police paid N8.7 million for 30 cartons of Owen Rich biscuits, amounting to N290,866 per carton. The police also made payments such as N8.2 million for cartons of Milo (10 sachets × 24).

Further review shows that, in total, the Nigeria Police Force spent N22.282 million on 85 cartons of Cream Crackers biscuits. The payments were made in three tranches: N8.136 million on August 30, 2023; N7.073 million on October 4, 2023; and N7.073 million on October 26, 2023 — an average cost of N261,717 per carton.

Also, on November 8, 2023, a sum of N7.9 million was paid for 25 cartons of Titus sardines. On December 26, 2023, another N8.6 million was spent as payment for 15 cartons of corn flakes.

One of the many contracts awarded included the supply of 12 cartons of Ovaltine tea at the rate of N8.2 million. The payment was made on April 17, 2024, meaning each carton cost N683,333.

A previous SaharaReporters review of the public payments portal, Govspend, revealed that the Force paid N13.3 million for 24 packs of toilet rolls. According to the records, the money was paid in two tranches between April and July 2023 for Carla Rose toilet rolls.

On April 21, 2023, the police paid N6.558 million to Waves Fulfillment Limited for 12 packs of toilet rolls (Carla Rose, 48 rolls per pack). On July 27, 2023, another payment of N6.8 million was made to the same company for “12 pkts of toilet rolls (Carla Rose 48 each per packet).”

This means that between April 21 and July 27, 2023, the police spent a total of N13.3 million on 24 packets of Carla Rose toilet rolls.

The records also show N6.852 million paid on July 27, 2023, and N7.6 million paid on April 5, 2024, both to Waves Fulfillment Limited.

On November 13, 2024, the police paid N8.023 million to Chumchuks Investment Limited for one carton of powdered Peak Milk

The next day, the same company received another N8.023 million for the same purpose. On October 24, 2024, Olycee Ventures Limited was paid N8.6 million for 10 cartons of powdered Peak Milk.

Elapsotic Ventures Limited received N8.5 million for 11 cartons of powdered Peak Milk. Drip-CHS Tech Nigeria Limited got N8.7 million for 10 cartons of powdered Peak Milk.

On October 26, 2023, N7.9 million was paid to Mag-Tram Systems Limited for the supply of canned beef. On December 12, 2023, N7.5 million was paid to Mag-Tram for 20 cartons of Titus sardine. On December 26, 2023, another payment of N8.7 million was made for 10 cartons of Hobnobs biscuits.

Beyond the clear issues of contract inflation, it remains unclear why police authorities split the contracts into multiple payments to multiple companies — all owned by the same person.

The Nigerian Public Procurement law, in Part IV, 16(d) states that: “All Procurements must be done in a manner which is ‘transparent, timely, equitable for ensuring accountability.’” It was also stated in 16(e) that contracts should be awarded to achieve “value for money and fitness for the purpose.”

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SaharaReporters’ findings raise serious questions about procurement oversight, possible conflict of interest, and value-for-money standards in the Force’s contracting processes.