Nollywood actor, Emeka Ike, has emerged as the new president of the Actors Guild of Nigeria after a Federal High Court sitting in Lagos had struck out Ibinabo's and BOT suit challenging the nullification of her election to the Presidency of AGN and also challenging the legitimacy of the Presidency of Emeka Ike and his Exco.

The court stated that Ibinabo and her excos should hand over in the necessary documents in their possession to Emeka Ike who is now the new President of the Guild.

Emeka Ike is to be seen as the Guild's president both at National level and at state level according to the court ruling.

According to the statement, “The Federal High Court sitting in Lagos, this morning 23/3/2016 at the application and argument of Counsel to Actors Guild of Nigeria, Barr. Peter Andor Oboyi, struck out Ibinabo's and BOT suit challenging the nullification of her election to the Presidency of AGN and also challenging the legitimacy of the Presidency of Emeka Ike and his Exco. The implication of this judgement is that Engr. Emeka Ike led Exco remain the only authentic and lawful leaders of Actors Guild of Nigeria,"

"The Honourable Court vehemently reiterated the position of the judicial authority that, Ibinabo, her purported exco members and the Board of Trustees vacate forthwith the office of AGN both at the National and State level and accordingly surrender all AGN assets at their unlawful possession to the incumbent Engr Emeka Ike's Government.”