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No deal yet with Jimoh Ibrahim on NICON — FG

Vanguard : "Contrary to speculations that President Umaru Musa Yar’Adua had ordered immediate return of ownership of NICON Insurance to Mr Jimoh Ibrahim, the Federal Government yesterday told a Federal high court sitting in Abuja that there was no such express instruction.
The government which made the disclosure through the Director of Civil Litigation, Mrs Agatha Mbamali consequently declined endorsing the agreement earlier filed before the court returning the management of NICON and Nigeria-Re to the core investor, Mr. Jimoh Ibrahim."

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