₦airaland Forum

Ganduje was there! Ameachi is not needed now, Wike will suffice

I kept zooming.. is that old man holding anything, or is it my eyes?

On Thursday, the Central Bank of Nigeria (CBN) disclosed that Polaris Bank had been sold to Strategic Capital Investment Ltd. (SCIL) after being under government’s control for about five years.

Ripples Nigeria gathered that Polaris Bank was sold for N1.35 trillion to Strategic Capital Investment Limited (SCIL), a company registered on the Corporate Affairs Commission (CAC) on April 28, 2022.

The breakdown of the payment showed that Strategic Capital Investment Limited made an upfront payment of N50 billion, with the Investment company expected to balance up N1.305 trillion for an unspecified timeframe.

The amount Polaris Bank was sold surpassed its last market valuation (when it was known as Skye Bank), which was N10.7 billion, before it was delisted from the Nigerian Stock Exchange (now known as Nigerian Exchange Limited).

Owners of Strategic Capital Investment Limited

Previous reports on the acquisition of Polaris Bank had been linked to Lawan Auwal Abdullahi, and following the sale announcement on Thursday, it was gathered that Lawan Auwal is one of the top directors at Strategic Capital Investment Limited.

The firm is owned by Ponglomerape Limited, which has on its board, Lawan Auwal, Lawan Abdullahi, Lawan Shaibu, and Lawan Jamilu.

Who is Lawan Auwal, new owner of Polaris Bank?

Lawan Auwal is a silent businessman, who has been touted to be a commercial farmer, but a closer view into the services of his companies, Ponglomerape Limited and Nice Corporate Services Limited, showed that he wears various crowns.

While his portfolio in Ponglomerape Limited shows he leads a board of four directors, he serves as Managing Director at Nice Corporate Services Limited.

Aside from his agricultural and trading business, Lawan’s company, Ponglomerape is into the business of civil engineering and real estate development, through a spinoff firms, Ponglomerape Properties Investment Limited and Springe Estate.

Details of Nice Corporate Services expanded the investments of Lawan into the oil and gas industry, as well as general consultancy business.

Ponglomerape Limited was registered with the CAC on September 5, 2002, while Nice Corporate Services Limited was registered on May 13, 2004.

Notable details about new Polaris Bank owner


Recall the talk of town wedding of Halima, the second daughter and last child of former military dictator, General Ibrahim Badamosi Babangida (rtd), in May 2017, that reportedly recorded about 30 private jets in attendance – that was Lawan’s wedding.

Prior to the wedding, little was known about Lawan, aside that he was the Sarkin Sudan of Gombe. The wedding, which was held in two states, Niger and Gombe, with nine ceremonies organised in four consecutive days, reportedly cost about N300 million according to societal lifestyle journal, Ecomium.

It was gathered that Lawan paid N500,000 and provided 10 cows as dowry to marry Halima, who is the child of late Maryam Babangida. Lawan has three wives.

Note that Lawan’s father-in-law ruled Nigeria as a military dictator between August 27, 1985 and August 27, 1993. He famously annulled the June 12, 1993 presidential elections won by Bashorun Moshood Abiola.

http:///3f264d7b221021en_ng?link=1&client=news

Wamakko the joggranaut! Sokoto State election will be very interesting

Chai! They told that nyamuri boy in the 6th picture to stand behind and not to raise his hand

They say him na 2nd class

Congratulations! But these Ibo women are very ugly, sometimes I feel embarrassed.. they should just put the scores without their pictures

Nobody new about the takeover of the bank perior to that published email, so we might excuse ourselves, hope not a lot of damage have been done..

ArewaNorth:
His name is Alh. Auwalu Lawan, those people are hypocrites and can set conspiracies that can quickly be accepted by fools who are majority of our populace....very pitiful, bro!

This a state that effeminate frog voice Pandora expects to win according to nyamuri

Na that house policy dey sweet me pass! I wish it comes to fruition

Houses are too costly for average earner

Moh247:




Allah please give us Jagaban Asiwaju Bola Ahmed Tinubu

This man means well and has a plan ....



.

Haba! dan Gombe ne da gaske? That's why they purposely sent that email to cripple the bank

ArewaNorth:
The owner is from Gombe state. Last week conspiracy email leaked denying some Muslims going to Juma'at prayer was deliberately done to bring the bank down bank amidst taking over by new owners!

Nyamuri people suffer from inferior complex and delusion of grandeur, that they have to hail themselves to feel some sort of relief and comfort!

It's like the civil war has done some damage to their psych! Let others blow ur trumpet! Why suck ur own dick

I'm a northerner, hausa-fulani and I'm also voting Tinubu

blancsn1:
I am a Christian my father is a Muslim my mother is a Christian your bigoted Igbo father can try stopping me from voting Tinubu on that today. Sadly, my wife even prefer Tinubu to Obi n Atiku so my family is 100% for Bola Ahmed Tinubu.

You have no right to ask me any question because you are delusional, myopic and slowpoke! I thought we could have a reasonable exchange, but u seem confused and don't even know what ur saying

If u like say both Nigeria and KD are 100% Christians!

asanausana91:
Benue and plateau over 90% Christian just like Sokoto and Katsina. But Kaduna is 50-50, also Nigeria is 55% Christian and 45% Muslims.
Let me ask you one question; would Muslims vote for a ticket that feature Christian Christian? Answer this question please

Lol you brought KD as an example forgetting or hypocritically leaving out Benue and Plateau thast has Christian-Christian ticket!!

Don't let hatred kill you! Ur doing great disservice to ur soul! If you hate someone solely because of his religion or ethnicity, then ur still not free

asanausana91:
Muslim Muslim ticket is the worst thing that ever happened to this country.
Look at Kaduna state, they started the Muslim Muslim ticket like play play, now Kaduna has turned to Muslim Muslim government.
Any Christian that vote for Muslim Muslim ticket is a cursed basterd.

He has clarified it on Twitter

mrvitalis:
Abia north was the only place APC could get small vote in Igbo land now they loser it

pinkPUSSY:
The Minister of Interior, Raud Aregbesola, a former governor of Enugu and serving Senator under the platform of the Peoples Democratic Party (PDP), Dr Chimaroke Nnamani have both been removed from the All Progressives Congress (APC) Presidential Campaign Council list.

The list was signed by Iyiola Omisore, national secretary of the party, and released on Wednesday.


The initial list released by James Faleke, a House of Representatives member and secretary of the council, had elicited displeasure among top members of the party.

It had the senator of the opposition party representing Enugu East Senatorial District.

Also Orji Uzor Kalu, a former Governor of Abia and current Chief Whip of the senate, and Aregbesola, Minister of Interior, whose were on the previous list, were no longer visible.


Some APC governors were said to have been displeased over the exclusion of their nominees from the campaign council list which had 422 members at the time.

The new list released by the party has over 600 names, including presidential aspirant Pastor Tunde Bakare, all the members of the national working committee (NWC), the federal executive council (FEC), the APC National Assembly caucus and chairmen of the party in the states.


https://saharareporters.com/2022/10/20/ruling-apc-removes-buharis-minister-aregbesola-pdp-senatorial-candidate-chimaroke
Lalasticala Nlfpmod Nlfpmod Mynd44 seun

..

But why u come vex naw!

waterpouroverfl:
Okay now you can should be happy of Biafrans exit

Clown

Now you should be happy of Biafrans exit

The Kogi State Governor, Yahaya Bello has confirmed the receipt of first payment of the 13 percent derivation fund as an oil producing state.

Bello disclosed this on Wednesday at a weekly executive council meeting held at the Lugard House in Lokoja.

The Revenue Mobilisation Allocation and Fiscal Commission had classified Kogi State as an oil producing state, which qualified it to receive 13 percent derivation fund from the federation account just like it’s counterpart oil producing states.

The commission however said that the state would only start to enjoy the 13 percent derivation when the Ibaji oil well starts production and contribute to to the federation account.

It is unclear however, if the oil well has commenced production.

This makes Kogi the first northern state to enjoy such privilege in the country.

Speaking further on the development, the state information commissioner said that it was true and expressed delight at the development.

“This means that the governor will have more funds to execute his many people-oriented projects he has started,” the commissioner noted.

When asked whether the burnt Kogi State House of Assembly would now be considered as a top priority project, the commissioner said that was left to the exco to decide when the time comes.

He said that there are many other on going projects in the education sector, health and many other infrastructure projects adding that there would be more funds available to execute them now.

https://www.google.com/amp/s/punchng.com/kogi-receives-first-payment-as-oil-producing-state/%3famp

Maybe the nyamuri flat.head went to chestbeat instead to run, thinking it was social media

Tinubu only needs 25% in rivers state

Nawo! So competence and capability is from appearance now?

Millimann:
Nigeria's reputation will automatically improve once they're declared winners.

Lol the foolish ashawo said "harmless biafrains"

That's how their Osu parents lie to them since birth. As if Nigerian soldier just woke up and start killing them

Lol this guy is already laying a foundation for his failure.. he has already given an excuse on why he will fail

Kabar en jahilai! Duk dan Arewan da yake supporting PO, ka duba arne ne

frank14011991:
ko ka so ko baka so ba ni Dan kano ne. Akwai yan arewa da yawa a nairaland da suke tinubu kaman nyamuri, arewanorth, abdul05. Kai yaushe ka fara nairaland

1 out of 5 nyamuri father is a soldier

Happy birthday Sir.. I love what u did yo Ibo people during the biafra war

If ur not an olodo, you would have given credit to the Twitter user u stole it from!!

I know ur too dumb and stupid to come up with something like this

Jokerman:
Asiwaju Bola Ahmed Tinubu is not an Olodo

Atiku abubakar is not an Olodo

Those people with Bsc, Master, and PhD certificates supporting them are the Olodo

Coz I don't understand

Co-sign

lhordspy:
Lol.

Hello kid, let me enlighten you a little about what happened. Every candidate went to the interactive session with their party members. The people you were seeing applauding obi are not the Arewa commitee but people mobilised by Ahmed-datti, and they are not up to 12. That was the required sit delegated for candidate supporters.

If you check the video well, they all have this labour party thing hanged around their necks.



Now back to the shout and screams. It was all desperate act to make the world believes Peter is making sense. If your Candidate is making sense, you dont need to over-push it or over react by making noise.

Those are all desperate act for the cameras and the social media buzz as usual for you guys social media president, my friend.


Shalom.

But that woman is fine tho!

I see 20 people

Bontafa:
One urchin called LeoDeking is below .

Later him go call them ipob

https://www.reactiongifs.com/r/mtbu.gif

The only votes Obi will get, in Benue and plateau states

Simeonjoe1:
Permutation upon permutation....
I'm currently in kwara and it seems as if APC is the only party here. The biggest marginal APC will get would come for kwara. Obi should win 2 or 3 state Sha....

But still reinforce failure they all are

And doom are we not? If ruling Nigeria this men becomes.