₦airaland Forum

fatile:
Kindly note Wacot is the company producing Big Bull and the rice is a success story. They have the technical expertise, experience and personnel to run the plant. Leave this to our people and just forget about the investment. Running a plant like this requires a lot of commitment, spare inventory, cash flow, personnel if handled by our civil servants , with a lot of corruption and official bureaucracy cannot survive a year before it breaks down

Difrent:
But its okay for pale looking white Caucasians to manage Intafact beverages since thats the only achievement worth celebrating by a former governor that ruled for 8 years

SATANICALLY:
In a 2018 interview, Peter Obi said he invested $20 million in International Breweries on behalf of Anambra state as a governor.

Obi’s claim was in response to questions on economic development, Anambra politics and his presidential ambition.

“… Anambra state is the single-highest shareholder in that facility. I invested in it, over $20 million,” Obi had said.

“It is worth almost $100 [million] today. That’s what government should do.”

TheCable had previously fact-checked some of the claims.

Chukwuma Soludo, governor of Anambra, also debunked a recent statement ascribed to him regarding the investment.

International Breweries (IB) Plc is a subsidiary of the world’s largest brewer, Anheuser-Busch InBev (AB InBev) — a multinational drink and brewing giant based in Leuven, Belgium.

In its 2021 audited financial statement, the company said it holds 43 percent economic interest in International Breweries Plc, a publicly listed company in Nigeria.

According to a report by The Nation, AB InBev merged its Nigerian operations under a single corporate entity in 2017. It had three indirect Nigerian subsidiaries — International Breweries Plc, Intafact Beverages Limited and Pabod Breweries Limited. SABMiller Nigeria Holdings BV — another subsidiary of AB InBev — was also a major stakeholder in Intafact and Pabod.

ANAMBRA’S INVESTMENT

In a statement made available to TheCable on Tuesday, Ifeatu Onejeme, Anambra’s commissioner of finance, confirmed that Peter Obi’s administration invested the sum of N1,955,535,247.00 (an equivalent of approximately $12,616,356.43 at the then average CBN exchange rate of N155.00/$1) in Intafact Beverages Limited, a green-field brewery set up in Onitsha by SABMiller Breweries of South Africa in 2012.

Onejeme added that the state government still holds 407,321,264 ordinary shares of International Breweries Plc in exchange for the Intafact Beverages Limited investment.

“Based on the NGX closing price of N5.50 as of 20/6/22, these shares were valued at N2,240,266,952 on that date,” the statement reads in part.

“Based on the Central Bank of Nigeria I&E exchange rate of N415.75/US$1.00 on same June 20, 2022, this investment was valued at an equivalent of approximately US$5,388,495.37 (and at N604/$1.00 parallel market rate, only US$3,709,051.24).”

https://www.thecable.ng/revealed-peter-obi-administrations-12-24m-investment-in-international-breweries-now-worth-5-38m/

Echoban:
Be like head dey pain u, Ambode that left it the same way Fashola left it naim u dey talk Ambode foresight SanwoOlu ntook it from the 10% left by Fashola and completing now. Abeg o.

themanderon:
I am also suspecting both of those statements you put up there especially the marabout one. That man must be highly diabolical cos I don't just understand how the man has been able to hypnotize his followers despite his many shady sides.

chino11:
You were the governor of Oyo State at the time Chief Ajibola Ige was murdered. What was your experience then?
It was a bitter experience. That very day was a Sunday. It was the day we had our Christmas carol at the Government House. It was a norman Sunday; everything was going on fine. The carol came and went from 4:15 to 6:00pm that day. And then everybody dispersed. As if I got a signal of what was coming, my speech that day was centred on security in Oyo State. I called on the Commissioner of Police and the Inspector General of Police to strengthen security in Oyo State because an old school mate, Engineer Adegeebo, had been assassinated near his house in Bodija a week earlier.

Every cleric went home and I retired to Government House. I played for some time. Then I went to my room to treat some files. I was doing that when suddenly the phone rang. It was land line we were using then. The operator said that somebody wanted to speak with me. Then I picked the call and it was a brother to my deputy. He said he was asked to tell me that Chief Bola Ige had been shot by some unknown assassins. I was confused immediately. I didn’t know what to do. But later I regained my strength and quickly went down without telling my wife what was happening. It was 9:55 pm. I sent for my PS because all the ADC and other security staff had gone to their places of abode. I told him to drive me in one of the private cars. Inside the car, I told him that Uncle Bola Ige had been shot by some gunmen, that I was going to check him at Catholic Hospital, Oluyoro. The man who informed said Ige was taken to Oluyoro.

The place I have been treading for over 60 years, I remember that I lost my way. I was just going round and round until I gained my consciousness again. Immediately the gateman saw me, he quickly opened the gate. There, we saw Uncle Dele Ige, who was already rolling on the ground. I went straight to the room where Bola Ige was lying. I saw marks of bullets on his body. He slept with his face up. He was somehow breathing but the breathing was abnormal. I saw where the bullet penetrated on the left side. I saw it myself. Uncle Bola Ige was wearing shirt and trousers. And I saw Muyiwa standing by the side of the bed. He was wailing. He appealed to me, saying: ”Uncle, please tell the doctor to wake up my Daddy. Tell him. The doctor can do it.” Then, I approached the doctor and asked him the situation. The doctor called me to one side and told me that he was dead. He said: “Sir, Your Excellency, Uncle is gone. There is nothing we can do. They shot him straight in the heart. He asked me not to tell Muyiwa.

I almost betrayed my emotion when I got back into the room where Uncle was lying with Muyiwa beside his bed. I just quickly gathered myself and told Muyiwa that I was going to see the head of the hospital. That was how I bolted away. I came back to the Government House to inform Mr. President, who was Obasanjo at that time.

By the time I was going upstairs to my room, to try and tell Operator to phone Mr. President for me, the phone was already ringing. When I got into my room, it was still ringing. I quickly picked it up and it was Obasanjo.
He the Operator said the President of the Federal Republic of Nigeria wants to talk to you. Then I asked him to put him on.
The question Obasanjo just asked was: “Is he certified dead?” I said: “Yes sir.” Then he dropped the phone. That was all. That was my experience. I can never forget that experience.

http://www.thenationonlineng.net/2011/index.php/news/30983-obasanjo%2C-pdp-knew-about-ige%26%23039%3Bs-death%E2%80%94lam-adesina.html

chino11:
You were the governor of Oyo State at the time Chief Ajibola Ige was murdered. What was your experience then?

It was a bitter experience. That very day was a Sunday. It was the day we had our Christmas carol at the Government House. It was a norman Sunday; everything was going on fine. The carol came and went from 4:15 to 6:00pm that day. And then everybody dispersed. As if I got a signal of what was coming, my speech that day was centred on security in Oyo State. I called on the Commissioner of Police and the Inspector General of Police to strengthen security in Oyo State because an old school mate, Engineer Adegeebo, had been assassinated near his house in Bodija a week earlier.

Every cleric went home and I retired to Government House. I played for some time. Then I went to my room to treat some files. I was doing that when suddenly the phone rang. It was land line we were using then. The operator said that somebody wanted to speak with me. Then I picked the call and it was a brother to my deputy. He said he was asked to tell me that Chief Bola Ige had been shot by some unknown assassins. I was confused immediately. I didn’t know what to do. But later I regained my strength and quickly went down without telling my wife what was happening. It was 9:55 pm. I sent for my PS because all the ADC and other security staff had gone to their places of abode. I told him to drive me in one of the private cars. Inside the car, I told him that Uncle Bola Ige had been shot by some gunmen, that I was going to check him at Catholic Hospital, Oluyoro. The man who informed said Ige was taken to Oluyoro.

The place I have been treading for over 60 years, I remember that I lost my way. I was just going round and round until I gained my consciousness again. Immediately the gateman saw me, he quickly opened the gate. There, we saw Uncle Dele Ige, who was already rolling on the ground. I went straight to the room where Bola Ige was lying. I saw marks of bullets on his body. He slept with his face up. He was somehow breathing but the breathing was abnormal. I saw where the bullet penetrated on the left side. I saw it myself. Uncle Bola Ige was wearing shirt and trousers. And I saw Muyiwa standing by the side of the bed. He was wailing. He appealed to me, saying: ”Uncle, please tell the doctor to wake up my Daddy. Tell him. The doctor can do it.” Then, I approached the doctor and asked him the situation. The doctor called me to one side and told me that he was dead. He said: “Sir, Your Excellency, Uncle is gone. There is nothing we can do. They shot him straight in the heart. He asked me not to tell Muyiwa.

I almost betrayed my emotion when I got back into the room where Uncle was lying with Muyiwa beside his bed. I just quickly gathered myself and told Muyiwa that I was going to see the head of the hospital. That was how I bolted away. I came back to the Government House to inform Mr. President, who was Obasanjo at that time.

By the time I was going upstairs to my room, to try and tell Operator to phone Mr. President for me, the phone was already ringing. When I got into my room, it was still ringing. I quickly picked it up and it was Obasanjo.
He the Operator said the President of the Federal Republic of Nigeria wants to talk to you. Then I asked him to put him on.
The question Obasanjo just asked was: “Is he certified dead?” I said: “Yes sir.” Then he dropped the phone. That was all. That was my experience. I can never forget that experience.

http://www.thenationonlineng.net/2011/index.php/news/30983-obasanjo%2C-pdp-knew-about-ige%26%23039%3Bs-death%E2%80%94lam-adesina.html

Ifakiland:
Werey, you for say he will be back like a thief in the night na....na rapture him be....ode lawyer

festacman:
What exactly is Tinubu doing in UK? Receiving medicare? Doing sacrifice with Marabout?

Tinubu's track is never straight. There are always some mysteriously missing bolts and nuts at certain points.

itubaba001:
Lagos, the commercial hub of Nigeria, has been ranking as one of the worst places to live in the world for the nine straight years, a BusinessDay analysis shows.

Data from the 2019 Global Liveability Index published by the Economist Intelligence Unit (EIU), the world’s leader in global business intelligence, shows the city has been within the range of 137th-139th position out of a total of 140 cities in the world from year 2011-2019.

https://businessday.ng/uncategorized/article/lagos-ranks-amongst-worst-cities-to-live-in-for-nine-straight-years/

famouscargo4u:
.He is as Nigerian as you. He has been granted Nigerian Citizenship and holds Nigerian passport. WACOT has carved a niche for herself in the agriculture; They have farms for cotton , rice etc

Judge hands out prison time in Enron barge scam

Ex-Enron, Merrill execs sentenced. A repentant Boyle gets nearly four years for his involvement in barge scandal

May 13, 2005

Former Enron executive Dan Boyle was sentenced to nearly four years in prison Thursday, while Robert Furst and William Fuhs, both former Merrill Lynch bankers, received more than three years — all for their roles in the Enron Nigerian barge scam.

Boyle, sentenced to three years and 10 months in prison and fined $320,000, was the only one who appeared repentant about pushing through a sham sale of energy-generating barges to the bank so Enron could pump its earnings and bolster its stock price.

"I'm the only one responsible for my actions and omissions and for the pain I caused each and every person I affected," the Clear Lake resident told the judge. "I'm truly sorry."

https://www.chron.com/business/enron/article/Judge-hands-out-prison-time-in-Enron-barge-scam-1942569.php

Lagos light rail’ll be ready in June – Fashola
January 9, 2013

The Lagos State Governor Babatunde Fashola on Tuesday said the first phase of the state Blue Light Rail project would be completed by June this year(2013).

He expressed confidence that Lagosians would start enjoying the services of the rail project immediately.

The first phase would run from Marina and terminated at Okokomaiko area in Ojo Local Government.

Fashola spoke during an inspection of ongoing projects in the state which took him and his cabinet members to Orile-Iganmu, Alimosho and Ejigbo areas among others to assess the level of works being done by contractors.

The governor, who inaugurated the trackwork of the blue light rail at Alaba Suru, Coker-Agunda Local Council Development Area, said the level of work on the road and those of the National Theatre and Alaba-Mile 2 rail stations, would ensure early completion

He said, “In order to finish the project, the contractor did not go on vacation during the festive period. This will ensure that the project is delivered on time for the use of Lagosians.

“The first section of this rail, which started from National Theatre, Orile-Iganmu to Mile 2 Bus Stop, would be fully completed with the tracks laid.

“Construction work will continue on the project from Orile-Iganmu to Marina, the expansion work on the road from Mile 2 to Okokomaiko will also be intensified.

“This is what we do with the loan collected by the government. We don’t use our loan to pay salaries and other recurrent expenditure, what we do with our loan is to provide capital projects that would serve the residents.

“When the project is completed, the state would be at par with other major cities of the world.”

http://www.punchng.com/news/lagos-light-railll-be-ready-in-june-fashola/

Okoroawusa:
If I no vote Bola Ahmed Tinubu make my hand bend

Lanrelagboi:
LAGOS STRIKES DEAL WITH PRIVATE FIRM TO MANAGE, OPERATE 32-METRIC TONS IMOTA RICE MILL

•Sanwo-Olu presides over MoU signing with WACOT Rice Ltd/

Gohitod:
Let’s be clear pls;

On Election Day, if you thumbprint for Tinubu, you’re giving Buhari a thumbs up, you’re appreciating the state of the economy, you’re telling bandits they can keep ravaging us, you’re mocking victims of ASUU strike. You’re EXTENDING TODAY’S PAIN.

LieDetector:
President Muhammadu Buhari has urged Nigerians to ensure continuity of his regime by voting for the All Progressives Congress (APC) in the 2023 presidential election.

“The forthcoming general elections will provide us with the opportunity to convince the electorate of the need for continuity to enable our party to consolidate on our achievements in the last 7 years,” Mr Buhari said.

The president, according to a statement by his spokesperson Femi Adesina on Friday, disclosed this while receiving a delegation from Nasarawa State.
“The Government and people of Nasarawa State, as usual, have a great role to play in returning our party to governance in the 2023 elections, in order to create a path for greater socio-economic growth and development.

“This is not only important for Nigeria alone but also for the West African Sub-Region,” the president was further quoted as saying.

https://gazettengr.com/nigerians-should-vote-tinubu-for-continuity-of-my-regime-buhari/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

Throwback:
Exactly!

And I as a Christian and Catholic who has had the privilege of interacting and snapping pictures with his Eminence John Cardinal Onaiyekan, will also use my 1 vote to support Bola Ahmed Tinubu.

I have taken a political decision accordingly, with the facts of antecedents and competency, that I know a Tinubu presidency would provide a better economy for Nigerians.

I respect his decision and he's willing to respect my own. That is democratic politics, not zombiefied IPOBocrazy.

Even John Cardinal Onaiyekan would rather retire to Tinubu's Lagos than to Anambra or Adamawa.

itubaba001:
Lagos, the commercial hub of Nigeria, has been ranking as one of the worst places to live in the world for the nine straight years, a BusinessDay analysis shows.

Data from the 2019 Global Liveability Index published by the Economist Intelligence Unit (EIU), the world’s leader in global business intelligence, shows the city has been within the range of 137th-139th position out of a total of 140 cities in the world from year 2011-2019.

https://businessday.ng/uncategorized/article/lagos-ranks-amongst-worst-cities-to-live-in-for-nine-straight-years/

A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.

The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.

“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.

https://punchng.com/cholera-outbreak-looms-in-lagos-communities-as-residents-use-canal-lagoon-as-toilet/

The lack of state-owned pipe-borne water in the homes of Lagos residents has continued to be a source of concern, a non-profit group, Corporate Accountability and Public Advocacy Africa (CAPPA) has said.

At a press event to mark this year’s World Water Day, the group said its monitoring team’s visit to state-owned waterworks showed that most of them are not operational.

The group said the waterworks it visited include the ones at Maryland, Mushin, Ikorodu, Obalende, Agbowa, Onikan, Ikoyi, and Amuwo Odofin.

Only the one in Ikoyi is producing water, according to CAPPA.

https://www.premiumtimesng.com/regional/ssouth-west/450615-world-water-day-lagos-water-crisis-worsening-group-says.html

Realdeals:
1. The first governor to present a billion Naira state budget in Nigeria.

2. He phased out the shift system in Lagos schools in three months. He built functional classrooms to absorb those who only attend schools for three hours a day.

3. He opened up what is now known as the Lekki Corridor.

4. He built the biggest Housing estate by a state government at Abesan, along with five other estates.

5. He built LASU, LACOED, LASPOTECH and Technical schools to absorb the products of the free education policy.

6 He built General Hospitals and Health centers in all the five divisions of Lagos. He also upgraded General Hospital Ikeja to the Medical arm of LASU.

7. He created the Agric hub at Oko Oba. He also created similar hubs in Ikorodu, Epe and Badagry.

8. His government’s strict adherence to the party manifesto of Free Education, Free Health care, Rural integration and Housing for all, along with other UPN governors, created the largest pool of human resources in Nigeria.

9. He moved the Lagos State Government Secretariat from PWD to Alausa, which he built from scratch. He also lived in his personal house and drove his personal car throughout his tenure.

Gani Kayode Balogun Jr

https://www.newsheadlines.com.ng/showtime-people/2019/07/24/jakande-90-9-achievements-of-alhaji-lateef-jakande-as-lagos-governor/

SoftP:
The best of all will be Peter Obi’

& for those y’all still supporting that Baba Landlord that rides bike in UK;
hope you guys have stocked your bullion van with high Bp drugs; because you will definitely need it come 2023

bennybuhari:
“’I cannot take anything back about Obi. I said Obi said he wants to move Nigeria back from consumption to production and I said that is not true. He cannot do it because his own business survives on consumption. Is that a lie? He has been an importer and I said he deals with cash and carry economics; container economics, imports”.

“All the goods that can be produced in Nigeria, Obi imports them in his supermarkets. That is consumption economics. That kind of person cannot tell you that he is moving you from consumption to production. He will then be committing self-economic suicide and Obi will not do that to himself”.

“So, Obi is deceiving everybody and I can’t take that back because that is true. What I said about Asiwaju, I gave examples of his vision, knowledge and courage. There is none about Obi. You can’t point to any enduring legacy of Obi in his eight years as governor of Anambra”.

https://independent.ng/peter-obi-deceiving-everybody-i-wont-retract-my-statement-about-him-dele-alake/

SATANICALLY:
In a 2018 interview, Peter Obi said he invested $20 million in International Breweries on behalf of Anambra state as a governor.

Obi’s claim was in response to questions on economic development, Anambra politics and his presidential ambition.

“… Anambra state is the single-highest shareholder in that facility. I invested in it, over $20 million,” Obi had said.

“It is worth almost $100 [million] today. That’s what government should do.”

TheCable had previously fact-checked some of the claims.

Chukwuma Soludo, governor of Anambra, also debunked a recent statement ascribed to him regarding the investment.

International Breweries (IB) Plc is a subsidiary of the world’s largest brewer, Anheuser-Busch InBev (AB InBev) — a multinational drink and brewing giant based in Leuven, Belgium.

In its 2021 audited financial statement, the company said it holds 43 percent economic interest in International Breweries Plc, a publicly listed company in Nigeria.

According to a report by The Nation, AB InBev merged its Nigerian operations under a single corporate entity in 2017. It had three indirect Nigerian subsidiaries — International Breweries Plc, Intafact Beverages Limited and Pabod Breweries Limited. SABMiller Nigeria Holdings BV — another subsidiary of AB InBev — was also a major stakeholder in Intafact and Pabod.

ANAMBRA’S INVESTMENT

In a statement made available to TheCable on Tuesday, Ifeatu Onejeme, Anambra’s commissioner of finance, confirmed that Peter Obi’s administration invested the sum of N1,955,535,247.00 (an equivalent of approximately $12,616,356.43 at the then average CBN exchange rate of N155.00/$1) in Intafact Beverages Limited, a green-field brewery set up in Onitsha by SABMiller Breweries of South Africa in 2012.

Onejeme added that the state government still holds 407,321,264 ordinary shares of International Breweries Plc in exchange for the Intafact Beverages Limited investment.

“Based on the NGX closing price of N5.50 as of 20/6/22, these shares were valued at N2,240,266,952 on that date,” the statement reads in part.

“Based on the Central Bank of Nigeria I&E exchange rate of N415.75/US$1.00 on same June 20, 2022, this investment was valued at an equivalent of approximately US$5,388,495.37 (and at N604/$1.00 parallel market rate, only US$3,709,051.24).”

https://www.thecable.ng/revealed-peter-obi-administrations-12-24m-investment-in-international-breweries-now-worth-5-38m/

MEGA4BILLION:
When you lack what to campaign with you simply resort to motor park and agbero boys talk

MathsChic:
Some days ago, I was at a secondary school in Surulere (across the bridge from the Island) in Lagos for a friend's event where he is educating secondary students about the perils of peer pressure. I honestly wasn't expecting what I saw as the state of this secondary school.
It left me wondering if this was a school or a dump yard. Why in heaven's name are Nigerian leaders looking the other way while the young ones study in this sorry environment?

The attached pictures are what I saw. This is no secondary school. It's a hopeless shanty. I hope this gets to front page and attracts the necessary attention.

Realdeals:
1. The first governor to present a billion Naira state budget in Nigeria.

2. He phased out the shift system in Lagos schools in three months. He built functional classrooms to absorb those who only attend schools for three hours a day.

3. He opened up what is now known as the Lekki Corridor.

4. He built the biggest Housing estate by a state government at Abesan, along with five other estates.

5. He built LASU, LACOED, LASPOTECH and Technical schools to absorb the products of the free education policy.

6 He built General Hospitals and Health centers in all the five divisions of Lagos. He also upgraded General Hospital Ikeja to the Medical arm of LASU.

7. He created the Agric hub at Oko Oba. He also created similar hubs in Ikorodu, Epe and Badagry.

8. His government’s strict adherence to the party manifesto of Free Education, Free Health care, Rural integration and Housing for all, along with other UPN governors, created the largest pool of human resources in Nigeria.

9. He moved the Lagos State Government Secretariat from PWD to Alausa, which he built from scratch. He also lived in his personal house and drove his personal car throughout his tenure.

Gani Kayode Balogun Jr

https://www.newsheadlines.com.ng/showtime-people/2019/07/24/jakande-90-9-achievements-of-alhaji-lateef-jakande-as-lagos-governor/

Peterobi90:
Hazmat was assumed sensible until he opened his mouth...

Francis5:
04.27.155:18 AM ET

Nigeria’s Next Leader’s Ties to a Heroin Ring

General Muhammed Buhari’s political partner is a former bagman for two heroin traffickers. But that’s just business as usual in Nigeria.

Nigeria’s election last month was celebrated as an unlikely victory for democracy in an African country with a tenuous record of free and fair representation. But the man most responsible for midwifing General Muhammed Buhari’s ballot triumph over current President Goodluck Jonathan has a spotty CV. Former Lagos provincial governor Bola Tinubu, affectionately nicknamed the Jagaban, is today seen as a shrewd if not “deeply Machiavellian” Svengali in Nigeria’s politics as well as the architect of a hugely successful anti-corruption platform. But 20 years ago he had to forfeit nearly half a million dollars to the U.S. Treasury Department after being named as an accomplice in a white heroin-trafficking and money-laundering ring that stretched from West Africa to the U.S. Midwest.

Although his case has been bandied about the Nigerian press for years, Tinubu’s involvement in a federal drug and racketeering investigation waged jointly by the DEA, FBI, and IRS has gone unreported elsewhere, even after his ascendance to Karl Rove-like status last month. A recent gauzy Financial Times profile of him, for instance, neglected to mention that two decades ago Tinubu was identified as a bagman for two Nigerian heroin movers who operated out of Chicago and Hammond, Indiana. They were Adegboyega Mueez Akande and Abiodun Agbele, Akande’s nephew, who was exposed to law enforcement after selling white heroin first to Lee Andrew Edwards, another dealer later jailed for trying to murder a federal agent, and then to an undercover cop.

In a 1993 court docket from the U.S. District Court in the Northern District of Illinois, which The Daily Beast obtained from Sahara Reporters, a Nigeria-focused news outlet, IRS Special Agent Kevin Moss said that Akande had run the white heroin ring in the late 1980s until 1990, when he handed off the U.S arm of the business to his nephew, who had arrived in 1988. Akande then returned to Nigeria but continued to oversee the operation from abroad with the help of others at home and in the United States, including his relatives. One of the individuals identified in his cartel by Moss was Tinubu, then a Chicago State University-educated accountant working as a treasurer for Mobil Oil Nigeria Ltd, a subsidiary of energy giant Mobil Oil, which was still a few years shy of its famous merger with Exxon in 1999.

In the biography section of his official website, Tinubu is described as having emigrated to the United States in 1975 “in search of the proverbial Golden Fleece with a heart brimming with unrelenting determination to achieve his visions.” This is certainly one way to describe his tenure stateside.

In 1989, Moss said in an affidavit, Tinubu established an individual money market account, into which he deposited $1,000 in traveler’s checks, and a negotiable order of withdrawal account (NOW) at First Heritage Bank in Country Club Hills, Illinois. The address Tinubu gave the bank was the same as the listed headquarters of Globe-Link International, the front company owned by Akande and his relatives.

“There’s a trend of various Nigerian politicians at the highest levels involved in dodgy business deals around the world, in property and cash.”

Bank employees told Moss that Akande had personally introduced them to Tinubu in December 1989 when who also opened a joint checking account with his wife, Oluremi Tinubu, who already kept a joint account with Akande’s wife at First Heritage. Five days after the NOW account was opened, $80,000 was wired into it from a bank in Houston maintained by one of Akande’s relatives. Tinubu would later use the NOW account to buy a $10,000 Certificate of Deposit for an $8,000 car loan, listing Akande as his cousin on the application.

At the time, Tinubu’s take home as a Mobil Oil Nigeria executive was a mere $2,400 a month and he claimed not to have any other revenue streams. Yet he still managed to deposit $661,000 into his individual money market account in 1990 and then another $1,216,500 a year later. He also opened more accounts with Citibank in its worldwide personal banking unit, transferring over half a million dollars from his First Heritage money market account into one of them in early 1991.

Mobil Oil Nigeria told Moss that Tinubu’s role at the company never involved transferring large sums of money between banks and that it didn’t keep deposits in any institutions in the south suburbs of Chicago, where First Heritage was based. Moreover, although Tinubu moved back to Nigeria in 1983, he neglected to file U.S. income tax returns after 1984 despite having sizable, interest-generating deposits in American banks. All of this was enough to persuade a magistrate judge of the Northern District to issue seizure warrants for Tinubu’s First Heritage and Citibank accounts. Collectively, more than $1.4 million belonging to the Nigerian was confiscated.

http://www.thedailybeast.com/articles/2015/04/27/nigeria-s-next-leader-s-ties-to-a-heroin-ring.html

ejimatic:
. With mammoth crowds on the road yesterday there must be injuries sustained by BAT Loyalists. I know some people will not be happy seeing the crowds .Whoever thinks he is wiser than those millions on the road supporting BAT that. person needs some psychological
evaluation!

ALARAPE22:
Devil Party and Lie are like 5&6....

Offpointng:
No be lie. Thugs in Oyo state alone is enough to destabilize the whole SW. and the funny thing is, how Ibadan happen to be one of the most peaceful state in the South is what is suprising me

Maybe we'd give the credit to the Ex governor, Ajimobi of Blessed memory

Creamypie:
As oluomo is king in Lagos, auxiliary verb is ruler of Oyo. Note that Oyo agbero are more rugged than Lagos own. Lagos own na ekuke dog compared to lions of agbero in ibadan, and oyo own are as organised as group of PHD holders, which is y the state is practically the most peaceful in nigeria. Know this you know peace

Gjrich:
Breaking: APC rally: Scores Injured as Auxiliary Boys Attacks Tinubu Supporters In Ibadan.

https://www.vanguardngr.com/2022/10/apc-rally-scores-injured-as-auxiliary-allegedly-attacks-tinubu-folarin-supporters-in-ibadan/amp/

pluto04:
fashola-battles-to-justify-lasu-fee-hike

Okay. Not exactly what he said. But that is exactly what he implied. How much is the minimum wage of Lagos state civil servants? He seems to be out of touch and his statements are highly irresponsible!

http://www.vanguardngr.com/2011/12/fashola-battles-to-justify-lasu-fee-hike/

Governor Babatunde Fashola battled hard weekend, to justify the astronomical hike in tuition fees recently introduced in Lagos State University, LASU, by the state government. Recall that the state government had increased tuition fees paid in the university from N25,000 to N250,000 per session.

Fashola, who spoke at Government College, Ughelli’s, annual luncheon party in Lagos, said Nigerians were unconsciously making the country one where there would be separate schools for the rich and poor.

According to him, critics of the increment are indirectly calling for a Nigerian society which will be divided into poor university for the poor and rich university for rich people.


He said: “Countries that do not prioritise education are always at the mercy of those who place a high premium on education.

“Where in the world have we seen tuition fee of university of N25,000? You cannot find this anywhere. Even the nations that are developed and wealthy do not give education for N25,000.

“LASU started very well and over the years, the population grew and beyond the available facilities and the school began to deteriorate. We are determined to rescue LASU and we will not make it a school for the poor.

“We are unconsciously making Nigeria a society where there will be a school for the rich and one for the poor.
“Several people in this country pay so much for education abroad while the schools here continue to deteriorate. It is only in the university that the children of the rich and children of the poor can sit in the same classroom.”

Laggafin:
keyamo say Wen jungle mature.. dem go show face. Jungle come ripe now.. dem run de hide for London.. dis one pass witchcraft

Owaincouncil:
The destruction of this nation is collective effort and not only to one tribe. When Zik, Awolowo, Tafawa Balewa had tge opportunity to share/break this country, what did they do. Ditto obasanjo & jonathan
One day, a saviour will arise for this country as I don't see it in any of the current leading contestants. Obi own will be worse if he win as those structural engineers will choke him. Those people are devil incarnate.

selymyst:
10 months ago, 1 Euro = 1.13 USD
Today it is 1 Euro = 0.8* USD

Note: The devaluation of Naira didn't start recently, it started long ago.

Hence, let's know who to blame.

Buckeyemedia1:
Even Saint Pandora aka Pete Obi is guilty of associating with them.

bennybuhari:
“’I cannot take anything back about Obi. I said Obi said he wants to move Nigeria back from consumption to production and I said that is not true. He cannot do it because his own business survives on consumption. Is that a lie? He has been an importer and I said he deals with cash and carry economics; container economics, imports”.

“All the goods that can be produced in Nigeria, Obi imports them in his supermarkets. That is consumption economics. That kind of person cannot tell you that he is moving you from consumption to production. He will then be committing self-economic suicide and Obi will not do that to himself”.

“So, Obi is deceiving everybody and I can’t take that back because that is true. What I said about Asiwaju, I gave examples of his vision, knowledge and courage. There is none about Obi. You can’t point to any enduring legacy of Obi in his eight years as governor of Anambra”.

https://independent.ng/peter-obi-deceiving-everybody-i-wont-retract-my-statement-about-him-dele-alake/

Buckeyemedia1:
A very lazy nation of people, that have refused to work, always looking for a scapegoat to blame for their own woes.

Vote from now till 2054, a bad tree can never yield good fruits, bunch of hypocrites, multiply Peter Obi into 7, Nigeria will still be the same.

By 2054 the Naira will be so worthless against the dollar, that there wouldn’t be an exchange rate for it anymore.

Benblaq:
This was how you, Madridguy and the others talked about PMB, see where we are now. Now you want to restart again with this old man. May God forbid you.

Emergingnation:
Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party

National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.

During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.

He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.

His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.

“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.

“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.

“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.

Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/

LieDetector:
President Muhammadu Buhari has urged Nigerians to ensure continuity of his regime by voting for the All Progressives Congress (APC) in the 2023 presidential election.

“The forthcoming general elections will provide us with the opportunity to convince the electorate of the need for continuity to enable our party to consolidate on our achievements in the last 7 years,” Mr Buhari said.

The president, according to a statement by his spokesperson Femi Adesina on Friday, disclosed this while receiving a delegation from Nasarawa State.
“The Government and people of Nasarawa State, as usual, have a great role to play in returning our party to governance in the 2023 elections, in order to create a path for greater socio-economic growth and development.

“This is not only important for Nigeria alone but also for the West African Sub-Region,” the president was further quoted as saying.

https://gazettengr.com/nigerians-should-vote-tinubu-for-continuity-of-my-regime-buhari/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

lalasticlala:
Insecurity: Recruit 50 million youths into army, Tinubu urges FG

All Progressives Congress chieftain, Bola Tinubu, on Monday, urged the Federal Government to recruit at least 50 million youths into the Nigerian Army to boost Nigeria’s fight against terrorism, banditry and all forms of internal and external security threats confronting the nation.

Tinubu spoke at the 12th colloquium to celebrate his 69th birthday in Kano State.

He said, “We are under-policed and we are competing with armed robbers and bandits to recruit from the youths who are unemployed —33 per cent unemployed?”

“Recruit 50 million youths into the army,” he stated, adding that “what they will eat —cassava, corn, yam, will grow here.”

The APC chieftain, while reacting to recent statistics by the National Bureau of Statistics that over 23 million Nigerians are jobless, also urged the government to create jobs for youths in the agricultural value chains.

He said, “Don’t talk about illiteracy, anybody who can hold a gun, who can handle a gun, who can cock and shoot is technically competent to repair a tractor in the farm.”

https://punchng.com/insecurity-recruit-50-million-youths-into-army-tinubu-urges-fg/

oyeb15:
Tinubu is always standing as if he can fall anytime.

Morever,why is he always dressed up for pics like Buhari.......

Baba need better handlers. He can contact me asap.

His project is failing as much as they are trying to impress.

Francis5:
04.27.155:18 AM ET

Nigeria’s Next Leader’s Ties to a Heroin Ring

General Muhammed Buhari’s political partner is a former bagman for two heroin traffickers. But that’s just business as usual in Nigeria.

Nigeria’s election last month was celebrated as an unlikely victory for democracy in an African country with a tenuous record of free and fair representation. But the man most responsible for midwifing General Muhammed Buhari’s ballot triumph over current President Goodluck Jonathan has a spotty CV. Former Lagos provincial governor Bola Tinubu, affectionately nicknamed the Jagaban, is today seen as a shrewd if not “deeply Machiavellian” Svengali in Nigeria’s politics as well as the architect of a hugely successful anti-corruption platform. But 20 years ago he had to forfeit nearly half a million dollars to the U.S. Treasury Department after being named as an accomplice in a white heroin-trafficking and money-laundering ring that stretched from West Africa to the U.S. Midwest.

Although his case has been bandied about the Nigerian press for years, Tinubu’s involvement in a federal drug and racketeering investigation waged jointly by the DEA, FBI, and IRS has gone unreported elsewhere, even after his ascendance to Karl Rove-like status last month. A recent gauzy Financial Times profile of him, for instance, neglected to mention that two decades ago Tinubu was identified as a bagman for two Nigerian heroin movers who operated out of Chicago and Hammond, Indiana. They were Adegboyega Mueez Akande and Abiodun Agbele, Akande’s nephew, who was exposed to law enforcement after selling white heroin first to Lee Andrew Edwards, another dealer later jailed for trying to murder a federal agent, and then to an undercover cop.

In a 1993 court docket from the U.S. District Court in the Northern District of Illinois, which The Daily Beast obtained from Sahara Reporters, a Nigeria-focused news outlet, IRS Special Agent Kevin Moss said that Akande had run the white heroin ring in the late 1980s until 1990, when he handed off the U.S arm of the business to his nephew, who had arrived in 1988. Akande then returned to Nigeria but continued to oversee the operation from abroad with the help of others at home and in the United States, including his relatives. One of the individuals identified in his cartel by Moss was Tinubu, then a Chicago State University-educated accountant working as a treasurer for Mobil Oil Nigeria Ltd, a subsidiary of energy giant Mobil Oil, which was still a few years shy of its famous merger with Exxon in 1999.

In the biography section of his official website, Tinubu is described as having emigrated to the United States in 1975 “in search of the proverbial Golden Fleece with a heart brimming with unrelenting determination to achieve his visions.” This is certainly one way to describe his tenure stateside.

In 1989, Moss said in an affidavit, Tinubu established an individual money market account, into which he deposited $1,000 in traveler’s checks, and a negotiable order of withdrawal account (NOW) at First Heritage Bank in Country Club Hills, Illinois. The address Tinubu gave the bank was the same as the listed headquarters of Globe-Link International, the front company owned by Akande and his relatives.

“There’s a trend of various Nigerian politicians at the highest levels involved in dodgy business deals around the world, in property and cash.”

Bank employees told Moss that Akande had personally introduced them to Tinubu in December 1989 when who also opened a joint checking account with his wife, Oluremi Tinubu, who already kept a joint account with Akande’s wife at First Heritage. Five days after the NOW account was opened, $80,000 was wired into it from a bank in Houston maintained by one of Akande’s relatives. Tinubu would later use the NOW account to buy a $10,000 Certificate of Deposit for an $8,000 car loan, listing Akande as his cousin on the application.

At the time, Tinubu’s take home as a Mobil Oil Nigeria executive was a mere $2,400 a month and he claimed not to have any other revenue streams. Yet he still managed to deposit $661,000 into his individual money market account in 1990 and then another $1,216,500 a year later. He also opened more accounts with Citibank in its worldwide personal banking unit, transferring over half a million dollars from his First Heritage money market account into one of them in early 1991.

Mobil Oil Nigeria told Moss that Tinubu’s role at the company never involved transferring large sums of money between banks and that it didn’t keep deposits in any institutions in the south suburbs of Chicago, where First Heritage was based. Moreover, although Tinubu moved back to Nigeria in 1983, he neglected to file U.S. income tax returns after 1984 despite having sizable, interest-generating deposits in American banks. All of this was enough to persuade a magistrate judge of the Northern District to issue seizure warrants for Tinubu’s First Heritage and Citibank accounts. Collectively, more than $1.4 million belonging to the Nigerian was confiscated.

http://www.thedailybeast.com/articles/2015/04/27/nigeria-s-next-leader-s-ties-to-a-heroin-ring.html

LegendHero:
Jagaban don turn model.

Obituarists will have another pics to work on now.

Get busy boys.

MrHyde:
This is very good, we need new entrants. Hopefully ticket price will come down.

Gohitoo:
Awoof dey purge belle

I'll pass

atedawas:
Useless country

FreeStuffsNG:
I will report you to mods.
If HE Obi leaves his Anambra to campaign in the state of his opponent, it shows he is not serious. Charity begins at home.