₦airaland Forum

Moh247:

You want unknown gunmen to attack him.. Obi won't try such

Honestly I really don't engage Obi Supporters anymore... They are far from reality

Ngige has a home in VGC , Obi has a home in Ikoyi, Obiano has his in ikoyi they are all past Anambra Governors

Yet the man that managed lagos since 1999 you won't support him
.

Why are you confusing looted with managed?
I hope you are not sniffing ThiefNuibu’s drugs

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

dplordx:
Can he go back to his shyyyythole filthy Anambra to campaign? Let him go back to his Dubai filled with kidnappers and UGM to campaign

Is ThiefNuibu’s campaign happening and limited to Iragbiji and Osun state?
Can you please make an attempt at being reasonable, instead of ranting like that Oba Akiolu in 2015 about drowning Igbos in the lagoon?

afbstrategies:
Well, the good thing is that he wasn't performing with a rattle snake, like the sick old clown who want to be the next Nigeria President.

Meanwhile, who killed Funsho William and Bola Ige?

If you ask me, na who I go ask

GavelSlam:
No, because he ran a financial institution.

Just like Patience Jonathan in your example

GavelSlam:
Because like any financial institution, you forfeit what has been found to be proceeds of a crime.

We aren't going around this again, surely?

When Patience Jonathan forfeited money, it was the bank that was mandated to ensure such monies were vacated.

Proceeds of a crime, because he is a criminal

Shalommy:
Chaii... The two are cute together. Make dem drop banter and gum body.

Is that the only thing on a hoe's mind

Olasyke:
You clearly don't have taste for good music because the two of them are amazing musicians

How is being amazing musicians stop them from doing trashy songs that may be commercially successful? How

nkemoma:
They are still AgbadoUrchins and Yekini is still a brown teeth drug baron from Irajibijiiji

Will you please keep kwayet

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

dexmond:
This one as Agent 007 for the kingdom of darkness.

Na so e be o.
Deceptive god of lost men.

iCauseTrouble:
Celebrity pastor

Who knows zero about Jesus Christ

[quote author=wwwihy post=117257804]Julius Berger switches on the streetlights on the Second Niger Bridge to test the illumination. The bridge will be inaugurated in December and opened to traffic[/quote]Should that make us forget that Tinubu’s Buhari abandoned the bridge construction after Jonathan handed over to him, and this is timed for the Emilokan continuity of the unemployment, underemployment, inflation, insecurity, poverty etc we have endured since 2015?
Na so we mumu reach? Mumus in the house, please raise your hand to be recognised, will you

2nd Niger Bridge in limbo
12th February 2017

A glimmer of seriousness was seen when the Goodluck Jonathan administration, probably with an eye on 2015 general election and second term in office, paid out about N10 billion to enable the project to take off, leading to Julius Berger commencing work at the site. Following Jonathan’s electoral loss and assumption of power by President Muhammadu Buhari, a recent investigation by Sunday Sun to ascertain the extent of work done at the Second Niger Bridge, has shown that project site is now like a ghost town with no worker or equipment at the site.

When Sunday Sun reporter visited the site of Julius Berger, to ascertain the level of work done so far, he was told at the gate that neither the site manager nor his staff were on ground to attend to inquiries.

But a worker with the company who craved anonymity said that work would soon commence at the project site, pointing out that work on the road from Asaba end of the project into the river was ongoing.

He attributed the delay on the job to non-mobilization of the company by the government, saying that the company was ready to face the job and finish it within the time frame, but needed money to take off.

He explained that the length of the road between the bridgehead and Oko-Amakom in Delta State is about six kilomtres.

“The road we are trying to do now is an obvious sign that work will soon start on the Second Niger Bridge project. It is the first step,” he assured.

But a staff of the Nigeria Inland Waterways Authority seen around the project area, who does not want his name to be mentioned, told our reporter that no work has been done at the site of the bridge project since President Buhari assumed office.

https://www.sunnewsonline.com/2nd-niger-bridge-in-limbo/

flejnr2:
That’s the refinery you should repair bah

You dey mind the sakamanje looters with Abacha’s PTF associate of IntegriThief as petroleum minister who replaced Diezani. Only God knows what ThiefNuibu’s president is buying with the stolen money, since they alleged that Diezani bought diamond bra with hers?
Is it this clueless government ownership of businesses that ThiefNuibu wants to continue if we are mumu enough to make him president?

yommygift15:
The children of the Rich, later you'll be looking for who go transplant his or her kidney for you, ijekuje ni shaaaa.

It’s bleaching that caused kidney failure in that one o. Not eba eating.

DollarBuddy:
Whether silver-plated, Gold-plated or wood-plated, las las na poo poo wey dey smell well well she go poo poo am

As long as she doesn’t peepoo uncontrollably like that sick ancestor placeholder for the Borno Boko Haram terrorist, she is doing well.
The effects of too much heroin is finally getting worse in JagaBandit.

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

yomi961:
My brothers, don't be annoyed. There is what we call passion and there is what we call emotion. It's a big different thing for those of you who went to school like me. I went to school, you also went to school.

Emotions don't win elections. You must be realistic to win elections.You must plan to succeed and that is where I belong

To face a national assembly filled with PDP and APC members who will frustrate the hell out of him till he joins either one of their parties.

Presidents don't work in a vaccum. If you are shouting vote Peter Obi, without also working for the victory of Labour Party in the senate, house of reps and governorship as well as state assemblies, you might as well be wasting your vote.

That is how Balarable Musa, governor of old Kaduna state and PRP man, thought he could run the state with NPN members. Till they showed him pepper....

Was he not impeached

Konjiboii:
No go for APC rally oh,dem go beat you chop your cake still cut you wotowoto do plus.

Good advice since Thiefnuibu and MC Oluomo are breeding area boys, agberos and co instead of educating every child free.
No wonder Thiefnuibu sold out Yoruba HoR Speaker slot to Fulani Tambuwal. The asslicker of herdsmen needs to check his DNA whether he is Ómóluabi sef.

eluquenson:
REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE

* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.

* His government built the Lagos State House of Assembly complex.

* His government built the Lagos State Television

* His government built the Lagos Radio

* His government built Lagos State University

* His government established General Hospital in zones all over the state with assurance of free health care.

* His government established Teacher Training College and the College of Education.

* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.

* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.

* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.

* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.

* His government purchased and commissioned the giant car crusher equipment. The equipment was designed specifically to crush derelict vehicles in Lagos State. It had the capacity to crush 45 vehicles per day.

* His government constructed, rehabilitated and resurfaced Epe/Ijebu-Ode Road, Oba Akran Avenue, Toyin Street, Town Planning Way, Alimosho-Idimu-Egbe Road, Idimu-Iba-LASU Road, the new secretariat road and several others.

* His government constructed Victoria Island/Epe Road and thereby creating an ‘oil rig’ for Lagos State.

* His government established Asphalt Plant for the Department of Public Works.

* His government established Electricity Board for Rural Electrification with provision of street lights.

* His government modernized, expanded and commissioned Onikan Stadium in 1982.

* His government established a singular school system and ensured genuine free education in Lagos State and the beneficiaries of this policy are in different positions of eminence in the country and around the world.

* His government raised the primary schools in Lagos State to 812 with 533,001 pupils (against 605 primary schools with 434,545 pupils he met in 1979) and secondary schools to 223 with 167,629 students (against 105 schools with 107,835 students in 1979).

* His government constructed 11, 729 classrooms with the maximum of 40 children per class between March and August 1980, by 1983, he had constructed over 22,000 classrooms.

* In July 1983, two commercial passenger boats christened "Baba Kekere and Itafaji" to run the Mile 2 - Marina (CMS) route via the lagoons were inaugurated by his government to mark the official launch of the Lagos State ferry services.

* His government took over the ownership and financing of Lagos State Printing Corporation in July 1980

* His government established the first State Traffic Management Authority (Road Marshals).

* His government established small scale Industries Credit Scheme which preceded the EKO bank.

*His government established LASACO Insurance.

*His government expanded existing market and built new ones.

*His government established Traditional Medicine Board.

WHO SAYS 4 YEARS IN OFFICE IS NOT ENOUGH FOR MEANINGFUL ACHIEVEMENTS?

IT'S A FACT THAT 90% OF GOVERNORS IN NIGERIA SINCE 1999 WITH REVENUES AT THEIR DISPOSAL CANNOT BOAST OF A QUARTER OF THESE ACHIEVEMENTS EVEN WITHIN THEIR EIGHT YEARS IN OFFICE.

MALLEOLUS2017:
One thing I have noticed is that OBIdients are civilised and averagely, we're educated. We nor be rarara people.

So why did Peter Obi not have every Anambra child in school for his eight years as governor?
So that he can tell them lies that hey will swallow anyhow

blamingthedevil:
@PeterObi should represent Nigeria in lying at the next Olympics to guarantee that Nigeria brings home Gold medal. He can lie for Africa. How can Yoruba leaders ask Yoruba not to vote for Peter because he will build a port in SS, when SS already has many ports?

#TableShaker

https://twitter.com/renoomokri/status/1569271563614298112?t=c65NKG1egsw5GZoIlvLr7g&s=19


Peter Obi, a man who refuses to defy IPOB sit at home orders in his own region, is spreading lies against the Yoruba. Accusing them of asking people not to vote for him because he will build a port in the SS. SS that already has at least 3 ports! No be juju be that?

#TableShaker

https://twitter.com/renoomokri/status/1569296527256076295?t=c65NKG1egsw5GZoIlvLr7g&s=19[/quote][quote author=SATANICALLY post=114025775]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/[/quote]

chocolateme:
I carried two big baskets of my cake to sell at the rally ground.

When I got there, there was a massive crowd on the ground, so many people thought it was a free cake for Obidients.

Immediately I brought my baskets down to start business, a man and his PA approached me to buy one of the two baskets of my cake for people to eat. I was so happy eh!

While we were counting to check the amount of cake in the basket, some people thought they've been asked to start collecting cake. Within 78 SECONDS, the two baskets became empty. Even my basket was broken.

I almost fainted due to the crowd. The man that ordered the cake came and calmed me down, asked me the total amount of the cakes, I told him and he gave me 100k and asked me to count out my money and give his PA the balance.

I was very happy and grateful especially because they were buying everything that people brought to sell, they kept buying and sharing with the Obedients so they won't be weary throughout the rally.

Obedients are doing great and I am happy to have always been Obedient.

Why did their fraudulent Peter Obi not do great as governor then

anonimi:
Anambra doctors call off strike after 13 months
February 28, 2012

After over a year of down tools, Anambra State Government employed medical doctors have finally called of strike.
According to Dr. Emma Ekwesianya, Chairman Anambra State chapter of Nigeria Medical Association (NMA), the striking doctors decided to pick up tools again because of the plight of the ordinary people in the societ.
“It is true, we have called off the strike. We have just signed the agreement with government about an hour ago. The Secretary to the State Government (SSG) signed for the government. A technical committee, headed by Prof. O.O. Mbonu was set up to execute the agreement.” He confirmed.

“We decided to take the 60 per cent offered by government because of our people. Government has been rigid and we do not want to continue with the rigidity of government. We are serving the people, not government and our people are suffering.”
Speaking further, Ekwesianya, revealed that a technical committee, headed by Prof. O.O. Mbonu had also been set up by the association to see to the implementation of the agreement with government sequel to the signing of the Memorandum of Understanding (MoU) with the Peter Obi-led government on Monday.

Chief Medical Director, Anambra State University Teaching Hospital (ASUTH), Amaku, Awka, Dr. Lawrence Ikeakor also confirmed the new development: “Well I’m happy to tell you that the strike has been amicably resolved, even though, like you said, it’s been a prolonged one but suffice it to say that it has been resolved and the doctors have resumed work.”
“The call off was yesterday (Sunday). The doctors had some negotiations and held their congress yesterday, during which they agreed to call off the strike. So they resumed duty today.
They are in their clinic. Well, I was not privy to the agreement but I will say that our representatives were satisfied with the arrangement, hence they decided to call off the strike.” He disclosed.

https://dailypost.ng/2012/02/28/anambra-doctors-call-off-strike-after-13-months/

BATified2023:
what’s d difference between buhari n peter obi

Under buhari ASUU strike for 6 months same for 6 month’s lecturers strike under peter obi

Doctors are complaining under buhari same way doctors went on strike for 13 months under peter obi

Peter obi increased ANSU tuition fee by 70% so tell me d difference between peter obi n buhari

As regards insecurity,I believe u know for sure that curbing insecurity n kidnapping was part of Obiano manifesto

As regards economy,peter obi couldn’t add 5 naira to anambra economy,something Obiano quadruple within a year in government n also increased workers salary

So bro tell me d difference between peter obi n buhari

bennybuhari:
“’So, whatever I say about Tinubu is anchored on empiricism and verifiable facts. 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/

jaxxy:
Physical health matters alot as we have seen with buhari. U can't be sending cabals or multiple aides to Nigerians everytime cos u are too tired to talk.

Not forgetting YarÁdua wey kpeme for the seat.

neonly:
Upon all d money wey dis man get see d kind of cheap machine dis man dey use

He is saving the money to give scholarships to children.

teeebugs:
According to former vice president Atiku Abubakar, 15 of the Chibok girls who escaped from Boko Haram abductors have been been admitted into the American University of Nigeria Academy in Yola, Adamawa state on a scholarship.

http://monitor9ja.com/2014/08/photonews-15-escaped-chibok-girls-admitted-aun-academy-scholarship/

forgiveness:
Brain over brawl. Tinubu wins.

What is the usefulness of a crook's drug-filled brain in fixing the country wrecked by the Abacha PTF lootocrat he made president seven years ago?
How has he used his crooked brain to fix Lagos since 1999? Is that not the starting point

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

Invest4growth:
If he likes, let him participate in parachuting, my decision is to support Ashiwaju and nothing can change me. My one vote is my power. It is important to me that even if Ashiwaju is on wheel chair (God forbids) and he decides to still contest, I will be the last man standing. It's my choice. Trust you will leave me to it

If you want o be left with your choice for the druggie, looter of destines why share it on public forum like nairaland

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/

oshozondii:
The Lagos State Government has borrowed over N126 billion domestically in the last quarter of 2021, the Debt Management Office (DMO) has said.

According to a report released by the DMO, Lagos, whose domestic debt stood at N532.12 billion as of September 30, 2021, is now owing N658.95 billion as at the end of December, 2021.

This represents an increase of N126.83 billion in the last three months of the year 2021, according to the DMO.

DAILY POST observed that Lagos is the State with the highest domestic debt figure as of the time under review.

Ogun State comes second with a total of N232.62 billion debt as of December.

Ogun’s debt profile rose from N192.41 billion to N232.62 within three months, making a debt increase of N40 billion.

https://dailypost.ng/2022/03/21/domestic-debt-lagos-borrows-over-n126bn-in-three-months-dmo-releases-other-states-figures/

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

davidl7:
All Atiku gym na make him for dey fit sleep with him young wives.

That ''satan look alike'' has wives n Baby mamas in almost all d LGAs in Nigeria.

If you go to the gym, you might have a sound mind in a good body to realise that we have 774 LGAs.

LeoDeKing:
So presidency is now about Macho rather than brain?

Past records speak more for the contestants and presidency ain't about 6 packs.

Atiku also has the best past records on economy and education, two key areas to impact insecurity positively through employment.
Maybe that is why Obi and Tinubu endorsed him in the past

VTJN:
Beautiful virtuous woman who stood by her husband through thick and thin

Welcome to the winning team

She is in the wrong company then, since ThiefNuibu does not stand by Lagosians who give him IGR, and on whose behalf he gets allocation, loans etc without delivering basic governance services, utilities, facilities and infrastructure maintenance.
How can ThiefNuibu’s team be winning except that 20 million Lagosians are certificated mumus, unlike JagaBandit without certificate?

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/

SB2020:
Interesting facts about Addis Ababa and Lagos light rail projects.

Addis Ababa / Lagos
Cost == $475Million / $1.2Billion
Length == 34km / 27km
Time to Complete == 4years / 7years (projected)
Year Awarded == 2011 / 2008 (Construction began 2010)
Contractor == China Railway Eng. Corp (CREC) /Chinese Civil Eng. Constr. Coy (CCECC)
Population == 5Million / 20Million


Ethiopia has managed to deliver Sub-Saharan Africa’s first modern light rail project which opened in the capital Addis Ababa on Sunday, and in the process, beat Lagos whose own rail project remains four years behind schedule.

Ethiopia’s rail project was delivered on time, despite its being longer than the Lagos – Badagry rail line currently under construction.

Addis Ababa’s two line 34-kilometre system was built by the China Railway Engineering Corporation (CREC) and cost $475m, 85 percent of which has been covered by China’s Exim bank. The Lagos Light Rail Project or Blue on Badagry Expressway, was to have 13 stations from Okokomaiko to Marina via Iddo for a total of 27 kilometres.

The contract was awarded to the Chinese Civil Engineering Construction Company (CCECC) at the cost of $1.2 billion in 2008, and was to be delivered in 2011. Survey work took one year between August 2009 and August 2010 while construction began July 2010.

The work is being implemented using the public and private partnership (PPP) model, whereby the state builds the infrastructure and the private sector provides the rolling stock and management. However, the project has not worked out according to the plan.
The 2011 deadline was missed, even though the State government got a loan to fund the project.

Source
http://businessdayonline.com/2015/09/addis-ababa-beats-lagos-to-light-rail-as-construction-delays-mount/

Potable water still luxury 23 years after return of democracy

WHILE the Federal Government continues to proliferate the country with dams, it is such an irony that a state like Lagos, with its massive, constant boast of being a megacity, cannot provide its residents, thereby forcing the bulk of them to take solace in the arms of water boreholes.

At regular intervals, the two major waterworks in the state, the Adiyan, and Iju get grounded leading to the non-availability of water. In April and May last year, for instance, they both produce less than 10% of their installed capacity.

As of today, Eti-Osa, Apapa, Victoria Island, Badagry, Ibeju Lekki, Surulere, Ikorodu, Agege, Ojo, Mushin Kosofe, and most locations in the state are without access to clean water. Consequently, millions of residents now rely on boreholes, rivers, rainwater, as well as comprised wells for their water needs.

On its website, the LWC claims that it has a total installed water production capacity of 210 million gallons per day (MGD), which is far lower than the current estimated daily water demand of 540 million gallons per day.

Also, its plan to produce 745 million gallons per day by the year 2020 through the Lagos Water Supply Master Plan fell flat with the actual number of citizens having access to potable water dropping, rather than increasing 11 years after the launch of the master plan.

A senior staff of LWC, who preferred anonymity said that at present, its agency only supplies water to Lekki, parts of Ikoyi, Victoria Island (VI), Ojodu, Iju, and some parts of Ikotun.

https://guardian.ng/sunday-magazine/potable-water-still-luxury-23-years-after-return-of-democracy/

Islie:
conduct likely to cause breach of public peace.

Na what kind of charge be this

gentiles:
Seaports are already working in SS, stop this lies and propaganda. Seaports have been in operation in SS for more than 5years.. Typical lazy thinking Nigerian youth. I have friends and former classmates that work at one of the seaport.

You dey mind the ZombieDients who are labouring in vain to scam us with propaganda and lies in the manner that ThiefNuibu used to smuggle that Abacha PTF a-looter comrade into Aso Rock seven years ago. Dem think sey our mumu never do, but we don wise up now.

anonimi:
Anambra doctors call off strike after 13 months
February 28, 2012

After over a year of down tools, Anambra State Government employed medical doctors have finally called of strike.
According to Dr. Emma Ekwesianya, Chairman Anambra State chapter of Nigeria Medical Association (NMA), the striking doctors decided to pick up tools again because of the plight of the ordinary people in the societ.
“It is true, we have called off the strike. We have just signed the agreement with government about an hour ago. The Secretary to the State Government (SSG) signed for the government. A technical committee, headed by Prof. O.O. Mbonu was set up to execute the agreement.” He confirmed.

“We decided to take the 60 per cent offered by government because of our people. Government has been rigid and we do not want to continue with the rigidity of government. We are serving the people, not government and our people are suffering.”
Speaking further, Ekwesianya, revealed that a technical committee, headed by Prof. O.O. Mbonu had also been set up by the association to see to the implementation of the agreement with government sequel to the signing of the Memorandum of Understanding (MoU) with the Peter Obi-led government on Monday.

Chief Medical Director, Anambra State University Teaching Hospital (ASUTH), Amaku, Awka, Dr. Lawrence Ikeakor also confirmed the new development: “Well I’m happy to tell you that the strike has been amicably resolved, even though, like you said, it’s been a prolonged one but suffice it to say that it has been resolved and the doctors have resumed work.”
“The call off was yesterday (Sunday). The doctors had some negotiations and held their congress yesterday, during which they agreed to call off the strike. So they resumed duty today.
They are in their clinic. Well, I was not privy to the agreement but I will say that our representatives were satisfied with the arrangement, hence they decided to call off the strike.” He disclosed.

https://dailypost.ng/2012/02/28/anambra-doctors-call-off-strike-after-13-months/

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/

BATified2023:
what’s d difference between buhari n peter obi

Under buhari ASUU strike for 6 months same for 6 month’s lecturers strike under peter obi

Doctors are complaining under buhari same way doctors went on strike for 13 months under peter obi

Peter obi increased ANSU tuition fee by 70% so tell me d difference between peter obi n buhari

As regards insecurity,I believe u know for sure that curbing insecurity n kidnapping was part of Obiano manifesto

As regards economy,peter obi couldn’t add 5 naira to anambra economy,something Obiano quadruple within a year in government n also increased workers salary

So bro tell me d difference between peter obi n buhari

KillSars:
We know b4 nah...

NDLEA should expect more, make dem duplicate their search warrant, head straight to VGC and lekki axis...
Make dem come raid drugstores operated by diz our afghaneastern brothers, e sure me sey 90% dey run level under G, na their way be dat...

Is it Hushpuppi or ThiefNuibu who is also from AfghanEastern

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

GeneralOjukwu:


I saw the headline and then closed my eyes

Tell me it's not the usual suspects. ...

I haven't opened my eyes.... was i right?

Dial 911 anytime you see any of them in foreign lands - there's 99.9% probability that a crime has happened or will happen or ....is happening.

Is Hushpuppi and Tinubu one of them

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

Corridon:
Soludo should do more.

Why is he not riding in Innoson vehicles after all the hype by Peter Obi about it

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/

Mandate2023:
But zombidients and mumudients said we should go and verify that obi has turned Anambra to small London that even d airport obiano built was with the money obi left behind

D only achievement of obi as governor we have seen is d hype on social media to make it look as if he did something but we've gone to verify we did not see anything....he only invested Anambra money into 'life beer' and also into some of his personal companies

Obi is just a crooked politician like all the others, trying to scam us with his fake stingy sweet sounding words like Thiefnuibu did in 2015 to make Buhari president.

blamingthedevil:
@PeterObi should represent Nigeria in lying at the next Olympics to guarantee that Nigeria brings home Gold medal. He can lie for Africa. How can Yoruba leaders ask Yoruba not to vote for Peter because he will build a port in SS, when SS already has many ports?

#TableShaker

https://twitter.com/renoomokri/status/1569271563614298112?t=c65NKG1egsw5GZoIlvLr7g&s=19


Peter Obi, a man who refuses to defy IPOB sit at home orders in his own region, is spreading lies against the Yoruba. Accusing them of asking people not to vote for him because he will build a port in the SS. SS that already has at least 3 ports! No be juju be that?

#TableShaker

https://twitter.com/renoomokri/status/1569296527256076295?t=c65NKG1egsw5GZoIlvLr7g&s=19[/quote][quote author=BATified2023 post=116746493]what’s d difference between buhari n peter obi

Under buhari ASUU strike for 6 months same for 6 month’s lecturers strike under peter obi

Doctors are complaining under buhari same way doctors went on strike for 13 months under peter obi

Peter obi increased ANSU tuition fee by 70% so tell me d difference between peter obi n buhari

As regards insecurity,I believe u know for sure that curbing insecurity n kidnapping was part of Obiano manifesto

As regards economy,peter obi couldn’t add 5 naira to anambra economy,something Obiano quadruple within a year in government n also increased workers salary

So bro tell me d difference between peter obi n buhari[/quote]

bennybuhari:
“’So, whatever I say about Tinubu is anchored on empiricism and verifiable facts. 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/