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Buruji Kashamu Dissipating Energy on Fruitless Venture

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Good name, the Yoruba are wont to say, is better than gold and riches.

But some individuals seem not to see any rhyme or reason in this proverbial saying; hence, they don’t care a hoot sacrificing their family name on the altar of inordinate ambition.

Before our very eyes, Buruji Kashamu, a politician and businessman, by his actions and inactions, has shown evidence of a man who is less bordered about his name being dragged in the mud or carrying a perpetual blot.

The world, for the first time, had been drawn to his moral bankruptcy in 1998 when former President Olusegun Obasanjo had given a damning verdict on him.

Obasanjo’s vitriolic attack had come on the heels of  Kashamu’s arrest in the United Kingdom on drugs-related charges after trying to enter the country with the sum of $230,000.

Though he was acquitted and released in 2003, the British authorities had subsequently refused a request seeking his extradition on drug charges by the United States of America, USA.

The British authorities, in declining the extradition request, had expressed concerns about his identity.

Obasanjo, who would not want the global community to tar the generality of the Nigerian citizenry with the brush of criminality, had then issued the famous statement that Kashamu’s “ ongoing freedom illustrated that drug barons will buy candidates, parties and eventually buy power or be in power themselves.”

Since then, Kashamu has been playing hide and seek with the law enforcement agencies, claiming he is not the wanted man!

Even then, big-framed Kashamu stirred another controversy when people claimed he is the character, Alhaji, the drug kingpin in the fictional work entitled Orange Is the New Black: My Year in a Women’s Prison by Piper Kerman.

Again, Kashamu was in the news for the bad reason when he contested for governor on the platform of the People’s Democratic Party, PDP, in 2019.

Kashamu, who has been evading extradition by the government to face criminal charges over drugs-related issues in the US, had put up all imaginable drama to secure the party’s ticket and also battled Ladi Adebutu, son of Sir Kessington Adebutu, to clinch the ticket.

As fate would have it, Kashamu, who once represented the Ogun East Senatorial district, was trounced by Dapo Abiodun of the All Progressives Congress, APC, in the election, which he considered a do-or-die affair.

Surprisingly, eight months after his “celebrated” defeat, Kashamu is back in the news still unable to accept the rude shock to his life.

To him, Ladi Adebutu was a spoke in the wheel of his political ambition. To him, the Adebutu exposed him to underserved ridicule.

Therefore, Kashamu, last Tuesday, he bared his fang on the Adebutus. But sadly, he inadvertently exposed his satanic tendencies to the chagrin of even his lean fans in and outside the state.

In a report by a section of the media, the Economic and Financial Crimes Commission, EFCC was said to have gone after Sir Kessington Adebutu, Chairman of Premier Lotto, over alleged tax fraud.

The EFCC action, according to the report, followed a petition submitted by Kashamu, who is behind Western Lotto.

Interestingly, Kashamu, who has failed to exercise restrain in his desperation, has further exposed the anti-graft agency as lacking in diligence and a willing tool in the hands of even unscrupulous elements in the society.

It is now clear that Kashamu’s personage thrives only on controversies.

But those who know better say he will return worsted this time round “because there is no iota of truth in the allegation.”

It is a fact the octogenarian businessman has been widely hailed as pioneering inclusive gaming  in Nigeria.

Today, many have gone into the business, creating thousands of jobs for teeming Nigerian youths.

In fact, Adebutu’s betting exploits, it is said, had made former President Olusegun Obasanjo to establish a federal agency to regulate lotteries across Nigeria in 2005.

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Wema Bank Opens Final Window for One-Day MD/CEO Challenge Ahead of Children’s Day

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Wema Bank

Wema Bank Children’s Day entries close on May 20 as the bank invites children to compete for a one-day MD/CEO experience

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XM Future Music Group Investment Platform Allegedly Collapses, Users Lose Funds

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Nigerian investment platform XM Future Music Group collapses amid concerns leaves users unable to withdraw funds amid concerns over suspected Ponzi scheme promising high returns

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Kola Karim’s Shoreline Group Signs $300 million Deal With Accor to Develop Nigeria’s First National Hotel Platform

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Kola Karim’s Shoreline Group has signed a letter of intent with Accor, a world leading hospitality group to establish Nigeria’s first national hotel platform.

The signing took place during the Africa Forward Summit 2026 hosted jointly by Kenya and France in Nairobi.

This ambitious partnership is set to make a significant contribution to the evolving Nigerian hospitality landscape with a substantial investment from Shoreline of $300 million, leveraging Accor’s renowned brand portfolio and expertise.

As gathered the strategic collaboration aims to develop a hotel network across Nigeria, encompassing 10 hotels across eight cities and over 1,200 rooms by 2030.

These properties will span various segments, from midscale to luxury, catering to diverse travelers and contributing significantly to the nation’s tourism growth. The project also includes the establishment of a dedicated hospitality training Academy to nurture local talent and create approximately 1,000 direct jobs.

Mr. Sébastien Bazin, Chairman and CEO of Accor, stated: “We are thrilled to partner with Shoreline Group to unlock the immense potential of Nigeria’s hospitality sector. This partnership is a testament to our belief in Nigeria’s dynamic future.

“By combining Shoreline’s deep understanding of the local market with Accor’s global expertise and diverse brand portfolio, we are poised to create an unparalleled hospitality offering that will set new benchmarks for quality and service.

“Crucially, the establishment of the Accor Academy is integral to this vision, enabling us to deliver immediate talent development for the Shoreline hotel portfolio, demonstrate our long-term commitment to Nigeria through dedicated training facilities, and solidify Accor’s position as the employer and educator of choice in West Africa.”

The Agbaoye of Ibadanland and  Chairman of Shoreline Group, Karim,  commenting on the development said: “This partnership is central to Shoreline’s strategy of building institutional-quality infrastructure platforms across Africa.

“We anticipate hospitality infrastructure becoming increasingly vital for capital movement and development, particularly in Nigeria where high-quality room supply is underserved. Our choice to partner with Accor highlights our focus on operational excellence and long-term value.

“The hospitality academy is crucial, alongside physical hotels, for developing local talent to sustain international standards. It will support our portfolio and enhance Nigeria’s hospitality workforce.

“This investment aligns with Shoreline’s broader focus on strategic assets in energy, infrastructure, and industrial development. We view hospitality as a natural extension: real infrastructure supporting economic activity, local capability, and national growth.”


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