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Restructuring: Afenifere Backs Atiku For Presidency

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Afenifere Chieftain and elder statesman, Chief Ayo Adebanjo has commended former President Atiku Abubakar for  advocating restructuring of the country as he openly declared his readiness to work with him and other progressive forces to get President Buhari out of power in 2019.
The former VP was in Lagos on a working visit to connect with political leaders and stakeholders in the Southwest ahead of the PDP Presidential primary holding in October.
Chief Ayo Adebanjo, speaking at his Lagos residence while receiving the Peoples Democratic Party (PDP) Presidential forerunner said:  “I am sending a message; I am not making a speech. Your positive stand in restructuring is your strength and this is working in your favour among the progressives”.
“Before 2014 National Conference, you have been writing and speaking on regionalism and advocating restructuring. Ever since then, you have not relented. This shows consistency”.
“Buhari has lost the integrity in him. We supported  in 2014. Afenifere openly campaigned for him because we thought he is a man of his words. He promised he believed in restructuring and even signed an agreement to that effect, but set it aside on getting to power”.
“I am not in APC and neither am I in PDP but my candidate is anybody who can get rid of Buhari”, the nonagerian said.
In the first republic, the trio of Chief Obafemi Awolowo, Dr. Nnamdi Azikiwe and the Sardauna of Sokoto, Sir Ahmadu Bello, Chief all agreed on the issue of regionalism then. Why would Buhari then set it aside? Can he say he is wiser than the Sardauna?” , he asked.
Chief Adebanjo, who stated that he took an active part in building the foundation of restructuring charged those who are sincere with this country to unite with other forces to get Buhari out of power. “He is the only obstacle in the APC. He is the stumbling block’, he said.
He however appealed to the PDP to be united if they really want to push out the incumbent President because he will not submit power easily.
“You are all formidable forces who can take Buhari out and this you must do because the consequences will be too bad if he retains power in 2019.
Earlier, in his address, the former VP, expressing his fears for Nigeria’s future said “in all my political career, I have not seen Nigeria in a state of real danger that may affect its existence as a country as we are having now. Young people are frustrated. It is like a time bomb”.
“This is why I am appealing to distinguished leaders of Afenifere. Nigeria is bedevilled with a lot of challenges and there is no way we can resolve the challenges than to resolve the issue of restructuring”.
Nigeria, he said, has all the potential to provide leadership in not only the West African subregion and Africa but globally.
“There was a time I delivered a lecture in Kaduna where former Head of State, General Yakubu Gowon (rtd)  agreed to my position on restructuring. It is the reality. I am speaking my mind and I still maintain that position.  I have said it repeatedly even when I was in government as the Vice President. I don’t think there is any part of the country that is opposed to this position”.
“Left to me the federal government do not need more than ten or twelve lists. The rest should be handled by respective regions or zones as it operates in the United Arabs Emirate (UAE)”.
“I had the best of public education and that was in the First Republic when we were not dependent on oil”.
Thanking the leaders of Afenifere at the meeting, Atiku stressed that all is not lost and they should not relent on their collective efforts to get Nigeria back on track.
“We have lost our leadership in West Africa. Countries like Ghana and Burkina Fasso are laughing at us as a nation”.
“I have noticed this a long time ago. We must urgently address and fix the great decline in leadership so that we can survive as a nation”.
“It is either you join me or I join you or we both work together to structure the country together and leave to our children a better and prosperous country which we can be proud of”.
In his vote of thanks, the Director General of Atiku Campaign Organisation, former Governor of Ogun State, Otunba (Engr.) Gbenga Daniel expressed the appreciation of the campaign team for the warm reception and the positive, encouraging comments from the leadership of Afenifere present. He also reiterated the fact that the country is facing a big challenge especially in the area of leadership and this is why the Southwest as a geopolitical zone must be proactive in the emergence of a leader who will provide the leadership that will be beneficial to not only the Yoruba nation but the country as a whole and that is why the former VP is offering himself for service of his fatherland.
Chieftains of Afenifere at the meeting included Senator Femi Okurohunmu, Prof. Wande Ibitoye, Dr. Amos Akingba, Chief Dipo Sonibare and Chief Olaitan. Others were Senator Abdu Ningi, Alhaji Yaya Abubakar, Hakeem Gbajabiamila, Alhaji Abdulahi Nyako, Kola Are, Adamu Atiku Abubakar and Aminu Atiku Abubakar among other distinguished guests.

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ELEVATION OF OLU-ADDE OF EKINRIN-ADDE ROYAL STOOL TO FIRST CLASS STATUS BY THE EXECUTIVE GOVERNOR OF KOGI STATE, HIS EXCELLENCY YAHAYA ADOZA BELLO: HEARTY APPRECIATION

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His Excellency, Alhaji Yahaya Adoza Bello, Kogi State Governor, Government House, Lokoja.

 

 

Through: The Honourable Commissioner for Local Government and Chieftaincy Affairs.

 

 

Your Excellency Sir,
With gratitude in our hearts and deep appreciation to your excellency,
we write to convey the eternal joy of the entire people of Ekinrin-Adde, home and in diaspora, for the great honour done to our community by your administration through the elevation of the stool of Olu-Adde of Ekinrin-Adde to the status of First Class in the Kogi State Traditional Council.

 

 

Our people and generations to come owe your excellency and your administration a great depth of gratitude for this unprecedented demonstration of goodwill and love. Whenever the history of Ekinrin-Adde is read, a special place of honour will always be reserved for you.You have really made us proud.

 

 

While wishing your Excellency’s administration continued success, we pray that God will take you from glory to higher glory in your future political aspirations and endeavors. we register our profound appreciation to your Excellency and your very dynamic and digital team of creative thinkers for this monumental elevation. You can always count on our support for your administration.

 

 

Elder Deinde .T. Komolafe (National General Secretary Ekinrin-Adde Community Development Association) on behalf of HRM Oba Anthony Bamigbaiye Idowu, AHEMAWORO 1, The Olu-adde of Ekinrin-Adde, The Olu-Adde in Council, the good people of Ekinrin-Adde Community Home and Abroad.

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First Bank:We’re Yet To Receive Notice Of Otedola’s Majority Shares

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First Bank

Following the report of the founder and chairman of the Geregu Energy Group, Femi Otedola, acquiring the majority shares of FIrst Bank, FBN Holdings (FBNH) Plc, the Company stated it is yet to receive notification to that effect.

 

 

According to the statement sent by FBNH to the investing public on the Nigerian Exchange (NGX) Limited signed by the company secretary, Seye Kosoko, the attention of FBNH had been drawn to media reports on October 22, 2020 purporting that a certain individual has acquired significant shareholding interest in the Company, therefore making him the majority shareholder in the Company.

 

 

 

The statement further said that “As a listed Company, the shares of FBNH are publicly traded and sale and acquisition of shares is expected in the normal course of business. We operate in a regulated enrolment, which requires notification of significant shareholding by shareholders to the Company, where shares are held in different vehicles, further to which the Company will notify the regulators and the public as appropriate.

 

 

 

FBNH stated it is yet to receive any notification from the individual mentioned in the media report of such acquisitions, saying that FBNH will always notify the appropriate agencies and authorities whenever it receives any notice of significant shareholding by the shareholders and the company’s registrars.

 

 

It was reported that Otedola has been acquiring the shares of the FBNH through a vehicle, Calvados Global Services Limited. It is also likely that there could be other vehicles associated with Otedola who may have also been mopping up shares. FBNH currently has 34.7 billion of its shares floating freely meaning it is held by diverse shareholders. This makes the shares easy to acquire on the stock exchange.

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Nairametrics said, “Otedola, through his proxies and investing vehicles, now owns over five per cent of the bank, setting himself up to be the single largest shareholder of the bank.

 

 

 

In the first half (H1) of the year ended June 30, 2021, FBNH reported a profit after tax of N38 billion up from N35 billion same period in 2020. Speaking on the H1 performance of the Company, the Group managing director, U.K. Eke said, “FBN Holdings delivered a resilient performance in the half year, reflective of our focus on strengthening the organisation in recent years.

 

 

 

“We remain committed to our strategic objective of driving further stability in performance, as well as delivering sustainable growth over the years to come. In line with our focus on revenue diversification, we continue to grow our non-interest income as we progressively become a more transaction-led institution and implement innovative and technological driven measures to improve overall efficiency.

 

 

 

“The macro and socio-economic conditions remain challenging given the COVID-19 pandemic and the low-interest rates environment. While these points negatively impacted overall revenue generation, we are confident that FBNH can navigate this challenging operating environment and keep delivering sustained innovative solutions that enrich customer experience as well as deepen financial inclusion.”

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 Omu Resort Takes Corporate Social Responsibility To New Level

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Nigeria’s foremost resort, Omu Resort has taken its commitment to Corporate Social Responsibility (CSR), to an all-new height.

The family recreational and educational center located in the rainforest of Bogije, Ibeju Lekki, Lagos State boasts a plethora of fun activities including a state-of-the-art freshwater Seaworld, Museum, Animal Kingdom, Green House, Wax Museum, and an array of amusement rides.

The management of Omu Resort recently took its CSR works to a new height when in collaboration with the Bogije Branch of the Dredgers Association of Nigeria (DAN), it kicked off a multi-million Naira rehabilitation of the Asiwaju Bola Tinubu Way.

Prior to now, Asiwaju Bola Tinubu Way was one of the worst in the community; however, it took a turn for the better years back when Omu Resort kick-started an annual intervention project of maintaining the road.

However, the road has now taken a whole new look with the Bogije Branch of DAN collaborating with Omu Resort leading to the massive rehabilitation currently going on.

Speaking on what motivated the current exhaustive rehabilitation of the road, the General Manager of Omu Resort, Moji Ibaze said: “We have constantly paid year-in-year-out to have the road maintained, we are aware of the fact that we had invested billions in our resort. There was just no point having such a tourist attraction in place with no accessible roads.

“We had made overtures to the Lagos State government, but they have not been forthcoming. This year, the road had been unmotorable, hence the decision to partner with the Bogije branch of the Dredgers Association of Nigeria and do a thorough overhaul of the road.

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“Needless to say that more work still needs to be done in the area of desilting and drainage flow.”

Reacting to the ongoing rehabilitation, Akeem Alade, a shop owner at Bogije market described the ongoing work on the road as a welcomed development. According to him, the road had been a pity sight, as traders at the Bogije Market are known to always empty their dirt into the drainage. When men are seen evacuating the waste, all they do is dump it by the roadside except on rare occasions when they cart them away, they hardly take the waste away, so they end up washing up into the drainage again when it rains. He noted that with the new look of the road; motorists and other road users would heavy a sigh of relief.

“This is a welcome development; you need to see what this road was like before this intervention. It has taken the duo of the resort and the association to bail us out of this situation and we really appreciate their effort.”

Bayo Adelaja while appreciating the efforts of those behind the road maintenance project wondered when it became the responsibility of associations and owners of businesses concerns to maintain roads, as he questioned the seemingly carefree attitude of the political representatives of the community.

“It is a shame that the politicians that we elected to represent us hardly think of our interest, the maintenance of this road is supposed to be the government’s business, but it has taken two private entities to solve a major challenge that dates back several years, what are the political representatives that we have at the federal, state and local government level doing, some of them even access this road?”

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Omu Resort has become notable for treating both local and international guests a unique experience of the wonders of nature.

Sighted on a serene landmass of approximately 22 hectares and boarded to the North by the imposing clear waters of Omu Creek, the resort offers menicus coaster, water slides, a speed boat ride among others.

Having expanded its water slides to include speed slides and with the arrival of the resort’s Giraffes, Elan and Zebras, Omu Resort is definitely the place to be.

 

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