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Documents Reveal How Sacked IGP Kayode Egbetokun Was Running Private Companies While Serving As Police Boss

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An investigation by this online media has revealed how the evicted former Inspector-General of Police, Kayode Egbetokun, was running two private companies while holding the highest office in the Nigeria Police Force.

Records obtained from the Corporate Affairs Commission (CAC) show that Egbetokun was the registered owner of J-Kayus Manasseh Enterprises and Helmlight Farms, companies incorporated in Idiroko and Alakuko, respectively.

We gathered from official documents that J-Kayus Manasseh Enterprises was registered on February 9, 2016, with its official address at 5, Adeyemi Street, Ogo Oluwa Close.

On the other hand, Helmlight Farms was incorporated in Alakuko, Lagos with Registration Number BN-3169533. It was registered on 25 Aug 2020 and its current status is unknown. The company’s registered office address is 16 Akewe Street, Alakuko, Lagos.

Nigeria’s Code of Conduct Bureau (CCB) regulations explicitly bar public officers such as Egbetokun from engaging in the management or running of private businesses while serving in a full-time capacity. The law, however, makes an exception for farming activities, though whether this extends to Helmlight Farms is unclear.

The tenure of Egbetokun, who was recently ousted, was marked by high-profile controversies, including his opposition to President Bola Tinubu’s state policing initiative. Sources close to the presidency told Premium Times that his removal on February 24, 2026, was due to multiple reasons beyond the officially stated “family matters,” including disagreements over state policing policies, low compliance with VIP security withdrawal directives, and his controversial blacklist by the International Press Institute (IPI) Nigeria.

Under Egbetokun’s leadership, approximately 24 journalists reportedly faced harassment, arbitrary arrests, and detentions without consequences for the perpetrators, according to IPI Nigeria. The organization’s “Book of Infamy” listed his name, citing the lack of corrective action under his watch.

Though he was appointed the 22nd IGP on June 19, 2023, and confirmed by the Nigeria Police Council on October 31 of the same year, Egbetokun’s tenure was expected to extend until October 2027, following a National Assembly amendment granting IGPs a fixed four-year term. He left office at age 61, a few months after marking 35 years of service.

Legal analysts say that public officers who engage in private business while serving full-time are in direct violation of Nigeria’s anti-corruption and ethics statutes. “The law is clear,” one expert told SecretsReporters. “Except for approved farming activities, public officers must not operate or manage private businesses while in service. Any breach could attract penalties under the CCB Act.”

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