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When Billionaire Businessman, Kola Karim, Shutdown Ibadan



Again, billionaire businessman,  Orikolade Ayodele Karim, impressively established his privileged position and connections yesterday, Saturday 3 ,April, 2021 during his installation as the Agbaoye of Ibadanland  by the highly revered Olubadan of Ibadan, His Imperial Majesty Oba Saliu Akanmu Adetunji.

Since he was announced as the successor to the late title holder, Chief Harry Ayoade Akande, after a rigorous search, preparation had been in top gear towards the installation of Karim, an ally of the former Emir of Kano, Mohammed Sanusi.

A source privy to the selection process disclosed to us  that Karim, boss of Shoreline Natural Resources and one of the youngest tipped for the title, became the popular choice based on his influence and connection that go beyond the shores of Africa as well as his almost unmatched generosity.

The Olubadan Palace in the Popo Yemoja area was  enlivened with select dignitaries who  witnessed the traditional installation of the billionaire as the Agbaoye , while  a lavish reception later held  at the popular Jogor Centre along Liberty Road in the heart of Ibadan.

The ancient city was literally shutdown  and shook to it very foundation.


There, it was obvious to all that the billionaire  had a commanding sense of hospitality, as the gaily dressed guests were treated to continental, Chinese and local delicacies and expensive wines.

At the event it was parades of business magnates with high net worth such as Ooni of Ife, Oba Adeyeye Ogunwusi, Lamido Sanusi, Bola Shagaya, Otunba Funsho Lawal,  Managing director of Telegraph Newspaper, Ayo Aminu among several others.

Meanwhile, another member of the Karim Family, Ayodeji, is said to be planning to extend the fun today  as the majority of the eminent individuals who were at his brother’s soiree yesterday   will join him for the official opening of his new venture, Pythagoras Lounge —a new hospitality haven regarded as the biggest hangout in Ibadan, with Fuji music czar, Adewale Ayuba on the bandstand.

Pythagoras located on the popular Felele Junction in Challenge area of the city is specially built not just as a lounge but it is also embedded with everything entertainment, ranging from food, drinks, grills, gaming shop and unisex salon , among others.

The Karim Brothers’ investment prowess has famously propelled them into the list of Nigeria’s wealthiest.

The sons of a policeman and an entrepreneurial mother who ran a small commodity trading firm’s antecedents precede them anywhere they go. Through their various investments, primarily in Oil & Gas and Construction, the extremely private pair has grown to own a slew of other juicy business concerns.

Fifty-two year old Kola is the Chairman of Shoreline Natural Resources Ltd., the third largest indigenous oil explorations company in Nigeria and owner of a 45% participating interest in OML 30.

Reports have it that through his Shoreline Group, he has in his employ more than 5,000 people in several countries.

Kola is also a director on other blue chip establishments, including Ecobank, Schlumberger, Nigerian Ropes Plc, African Eagles Plc, Trans Amadi Facilities, and Grange Education Ltd.

He is also the Chairman of Costain West Africa Plc, where his younger sibling Ayo was the erstwhile Managing Director.

Besides his recent investment in the hospitality sector with the Pythagoras, Ayo, 50, has also expanded his horizon by investing heavily in the agro-allied business with focus on livestock.

His multi-billion naira Winchester Farm is situated on a large expanse of land in Egbeda along Ibadan-Ife Expressway with a state-of-the-art abattoir , where livestock are processed for a ready-made market.

There is no gainsaying that the Polo-loving Karim Brothers truly love their hometown given their level of participation in the socio-political development of the ancient city of Ibadan.

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Oyetola To Aregbesola: We’re Proud Of You, You Performed Well As Gov, You’re Doing Well As Minister; Those Calling For Nigeria Break-up Ignorant, Says Aregbe 




The Governor of Osun State, Adegboyega Oyetola has stated that the state is proud of its former Governor and Minister of Interior, Ogbeni Rauf Aregbesola. 


Oyetola spoke in Ilesa on Saturday, 5 June, 2021 at an event marking the 64th birthday celebration of the Minister.


He noted that the former Governor of the state performed very well while ruling the state and still performing as the Minister Of Interior.


Oyetola who was represented at the event by the state Commissioner for Political Affairs and Inter-governmental Relations, Mr Taiwo Akeju, said: “You performed very well in the State of Osun and you are performing well as the Minister of Interior. We are very proud of you.”


The events celebrating the 64th birthday of the Minister included the presentation of a book titled “The Rauf I Know “, written by a journalist, Mr Dayo Olanipekun. Mr Olanipekun covered him as state house correspondent for the Broadcasting Corporation of Osun State (OSBC) in his two terms as governor.


Speaking later, Ogbeni Aregbesola warned that it would take 50 years for Nigeria to recover from another civil war.


He therfore warned Nigerians to desist from any act capable of threatening Nigeria’s unity, describing those calling for the separation of the country as ignorant.


Ogbeni Aregbesola said: “Those calling for Nigeria’s break-up are ignorant. Every Nigerian should work for Nigeria’s unity and development.


“It will take Nigeria 50 years to recover from civil war. Whoever likes women and children should not support, but rather condemn any call of separation and conduct capable of threatening Nigeria’s unity.


“Nigeria is a country created by God for us and for the black race.


“I am not saying everything that is happening in Nigeria is good. We should treat the problems and challenges facing Nigerians, not calling for her break-up. Decapitation is not the antidote for headache”.


Aregbesola also declared support for a new caucus of the All Progressives Congress (APC), The Osun Progressives (TOP), saying that he is in support of any move to consolidate progressives legacies in the State of Osun, strengthen the party from the polling units, wards and local government levels and strengthen internal democracy in the party, which are clearly stated in the objectives and mission of TOP.


In his address, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, said that Aregbesola’s legacy in the development of the State will forever linger in the sands of time.


The Ooni of Ife who spoke via Zoom noted that the State of Osun and its people cannot forget Aregbesola as his achievements are beyond what anyone can rubbish.


“We will forever remember him. Your work will never cease to reflect in the sands of time. It is during his tenure that landmark achievements occurred in Osun which we cannot forget.


“We can never forget you. Your achievements are beyond what anyone can rubbish. We are proud of you and what you represent.”


The Registrar of the Joint Admission Matriculation Board (JAMB), Prof Ishaq Oloyede, who delivered a lecture titled “Power is responsibility” at the event, urged Nigerian political leaders to be responsible with power.


Oloyede who was represented by Dr Wahab Oyedokun, tasked politicians to operate with ideology that address people’s yearnings.


Speaking at the event, Chief Mrs Tokunbo-Awolowo Dosumu, daughter of the late sage, Chief Obafemi Awolowo, said Aregbesola is among the few Nigerian politicians that identify with and promote Awolowo’s legacy.

According to Dosumu, Aregbesola has always been committed to all the activities of Awolowo Foundation, describing him as an exemplary leader.


Politicians, traditional rulers, trade union groups and people from all walks of life from the state and across the country graced the occasion, while others spoke via zoom.

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UPDATED: NECO Registrar died of heart failure, not assassinated – says Official



The Registrar of National Examinations Council (NECO), Prof. Godswill Obioma has been confirmed dead.

The late NECO Registrar reportedly died on Monday night in his sleep in his Minna residence.

The Director, Human resources of the examination body, Abdul Mustapha confirmed the death of the NECO boss, he dismissed viral media reports that Prof. Godswill Obioma was assassinated, says he died in his sleep as a result of heart failure.

Mr. Mustapha disclosed communication from Obioma’s second son, Prince Godswill Obioma, informing him of the death of his father thus:

“Mustapha K. Abdul (Director Human Resource Management, NECO),

“Dear Sir, this is to formally inform you that my father, Prof. Godswill Obioma, the Registrar/Chief Executive of NECO passed to eternal glory yesterday 31/5/2021 after a brief illness.

“We request that you kindly notify the Board, Management and the entire staff of the Council of this development.

“We shall keep you duly informed.

“Prince Godswill Obioma the 2nd, for the family.”

The release of the conversation between the deceased son and Mustapha contradicted some reports in some online and social media platforms alleging that the NECO boss was assassinated in his Minna residence by some unknown gunmen.

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INSECURITY: Arewa Consultative Forum directs Northerners to boycott Southeast



The Arewa Consultative Forum (ACF) has directed Northerners to boycott traveling to Southeast as a result of the level of insecurity in the region.

The warning under the guise of a statement was issued by the National Chairman of ACF, Audu Ogbe, on Monday, May 31. He expressed concern over increasing attacks and killings of northern residents in the southeast or those visiting the zone. He said the travel advisory was issued while taking into cognizance the killings of northern leaders in 1966, which he said triggered the events that led to the civil war.

“ACF issues a very strong advisory to all northerners who may wish to travel to the southeast. Northerners should weigh the importance and necessity of such travels. Unless such trips are absolutely necessary and of compelling nature, like matters of life and death, they should not be made.”the statement in part read

The travel advisory comes barely 24 hours after former presidential aide, Ahmed Gulak, was murdered by IPOB members in Imo state.


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