Connect with us

news

ALPHA BETA: The Un- celebrated Catalyst of Lagos Accelerated Development

Published

on

Alpha beta

 

 

 

In a few years time, I will, by the Grace of God, attain the biblical three scores and ten years age-wise. However, only twice have I witnessed in Lagos a crisis and carnage in the same proportion experienced last week.
First, I want to commiserate with the families and friends of those who lost their lives during the protest whilst wishing those injured a quick recovery.

The traumatic experience of last week is my motivation for writing this piece which is intended to caution political mis-informants and promoters of falsehood whom we should all be wary of and collectively condemn so that their unholy acts do not precipitate another crisis and carnage. Mis- information or falsehood instigates agitation with un-progressive and dire consequences.

Therefore, I have over the years developed the habit of conducting investigations on sensational news items or headlines in order to determine their veracity and consequently mould my decision or opinion on such issues. It is with my experienced investigative aptitude that I decided to focus today on the controversy surrounding the Lagos State Revenue Consultancy Firm called ALPHA BETA and ascertain the factual correctness or otherwise of the aspersions cast on the company.
There have been multiple written attacks on Alpha Beta.

 

The first, by a “Dr.” Bolaji Akinyemi who alleged that Alpha Beta is a conduit and in one paragraph stated the Firm is paid 10% commission of Lagos State tax revenue but only to state in the following paragraph that it is 15%. However, I would not delve into that as it has been thoroughly addressed by Dr. Akanni, a public affairs analyst in his subsequent article in which he described the self-acclaimed “Dr.” Bolaji Akinyemi’s statement as falsehood from an intellectually- ignorant Farmer with an unknown educational qualification whose stock- in- trade is mis- information conceived to satisfy the political or business interest of his paymasters.

The second, a group calling itself “The Concerned Lagos Youths” stated that Alpha Beta is paid N5Billion every month. My investigations revealed that the allegations is false and it is a mis- information as Alpha Beta’s commission varies per month and is computed monthly based on the Company’s verified contribution/performance to IGR for each month.

The third, Chief (Commodore) Ibiyinka Olabode George, the Atona Oodua of Yorubaland held a world press conference and claimed that he did not want to speak with any partisan badge but wanted to speak as an elder stateman and Atona Oodua of Yorubaland. Among other things, Chief Bode George said our Ethos and norms have broken down but he then went on to attack the person of Tinubu and followed by stating that Alpha Beta is a mysterious Company that has been collecting 15% of Lagos Tax Revenue and the company does not do anything to enhance Lagos StateTax Revenue but siphons trillions of Naira from the State coffers every year. He further stated that the State generates an IGR of N50Billion every month whilst N400Million is generated from the two toll gates daily.

As an investigative journalist, I embarked to unravel the veracity of these foregoing statements by the Atona (a person who leads others to the right path) of Yorubaland and found that Chief Bode George is actually Asina (a person who misleads others to the wrong path) of Yorubaland as he has mis-informed and misled not only the Yoruba people but all Nigerians and, indeed, the world by the many dishonest statements contained in his world press conference. Or how do we describe the actions of Chief George who at the commencement of the press conference said he would not be partisan but started by attacking Tinubu only for my investigation to reveal that Chief George has been obsessed with attacking Tinubu for the past 20 years.
If not because I am of Yoruba extraction and, therefore, respects Chief George as an elder in line with the dictates of our culture, from my findings, I would have described Chief (Commodore) Ibiyinka Olabode George as dishonest and misleading. Or how else would you describe a man who was “Landlord” in Kirikiri Prison for some years for contract splitting and inflated contracts as Chairman of Nigerian Ports Authority (Yes, the same Ports Authority that was burnt during the recent crisis and carnage) and who irresponsibly changes wives like one changes clothes – what moral justification does such a man have to guide or admonish anybody, especially the youths?
And now mis- informing Nigerians with easily detectable and illogical lies that Alpha Beta siphons trillions of Naira from Lagos State whereas the same Asina Bode George DISHONESTLY stated that Lagos State’s IGR is N50Billion per month (even though the average monthly IGR is about N35Billion) – Is N50Billion × 12 equals to NGN Trillions? Haba!!! Asina Bode George.
My investigation further revealed that his other allegations that Alpha Beta collects 15% of Lagos State Tax Revenue; that the two toll gates generate N400Million per day; that Alpha Beta does not do anything to enhance Lagos Revenue etc. are lies and mis- information conceived to re-ignite crisis in Lagos State specifically and Yorubaland in general.
Contrary to the lies and mis- information spread by Chief George, my investigation, supported by independent verification revealed the diverse resources deployed by Alpha Beta in executing their contract with Lagos State has over the years been critical to the accelerated growth of the State’s IGR and therefore resulted in the decisions of different Administrations in Lagos State over the years NOT TO CHANGE A WINNING TEAM – ALPHA BETA.

In addition to the over 500 quality staff members consisting of different professionals, Alpha Beta has provided complementary value added service to the State. Verified examples include but are not limited to:

Provision of products and services that help the government to capture data and bring more people into the tax bracket, automate billing and receipting for tracking and accuracy, reconcile accounts
Provision of database management support, reporting and analysis to aid decision making

Introduction of the first Electronic Tax Clearance Certificate in the state for taxpayers
Introduction of multiple channels of payment through strategic collaboration with banks, payment processors (PSSP, PTSP etc.) agent networks to ensure and aid convenient payment
Provision of interconnectivity between all the 50 Tax Stations and seventy three MDAs with wide area network (WAN) to aid online real-time communications and reporting amongst stakeholders
Development of the new tax administration system called (eTax) in collaboration with LIRS which enables online processing, brings more people into the tax bracket and increases the State revenue
Established a world class training center to train staff of LASG, collecting banks, agencies and MDAs on upgrades and continuous improvement of the system
Provision of value added customer service centers in nearly all the Tax Stations
Development of a suite of application for the tax revenue management of the Informal sector in conjunction with LIRS
Provision of automated revenue receipt through multiple channels as a verifiable proof of payment with security features to reduce errors and leakages, thereby promoting transparency and reliability
Provision of business advisory services to State Agencies leveraging research and data analytics to enhance policy development
Automation of major MDAs business processes to save costs, improve performance, eliminate manual processes and achieve seamless integration with centralised payment systems
Provision of IT equipments to support MDAs such as computers, printers, laptops, office appliances, internet connectivity, etc. to aid operations
Provision of logistical support for MDAs such as vehicles, support staff, fuel, training manuals, repairs and maintenance, etc. to enhance the quality of service delivered
Provision of an executive dashboard and report builder for senior management to enhance reporting and decision making
Corporate Social Responsibility initiatives that support Micro, Small and Medium Enterprise (MSME) Entrepreneurs in capacity building and scaling their business which leads to the economic development of the State

It is therefore not surprising that Lagos State in 2020 has significantly grown development-wise from what it was in 1999 (before Alpha Beta was contracted to manage the IGR) with now qualitative rapid expansion, galaxy of quality infrastructure, modern social services and phenomenal growth in commerce from which the neighbourhood of Chief Bode George in Victoria Island is a beneficiary, business-promotion urban renewal of Lagos Island, the world- class Lekki City, as well as the construction of two modern bridges and a general hospital in “Dr.” Bolaji Akinyemi’s Agege and many other modern developments highlighting the rapidly expanding landscape of Lagos State.
Of course, the obvious catalyst for these rapid developments and mordenisation of Lagos State which has now placed the Economy of the State fifth in Africa and home to over 21 Million people is the accelerated growth of the State’s IGR powered by the silent ALPHA BETA.
Finally in order to ensure that the foregoing development of Nigeria’ s and, indeed, West Africa’s Commercial nerve-centre is not further destroyed, Chief Bode George and his cohorts should without further delay be arrested for dishonestly inciting people into another crisis and carnage as well as investigated as a suspect for sponsoring the recent carnage in Lagos State.

Chief Emmanuel Olowogbowo, a Veteran Media and Communications Analyst wrote this piece from Ikeja, Lagos State, Nigeria

Continue Reading
Advertisement

news

How Primate Ayodele Foretold Borno Suicide Bomb Attack A Few Weeks Ago (VIDEO)

Published

on

“You Can’t Use Primate Ayodele To Score Points For Your Failed Political Ambitions” – Fulani Group Blasts Umar Ardo

At least 23 people were killed in a series of suspected suicide bombings, police in Nigeria’s northeastern city of Maiduguri said on Tuesday.

https://www.stanbicibtcbank.com/nigeriabank/personal/products-and-services/all-loans/stanbic-ibtc-mreif-home-loans

https://www.stanbicibtcbank.com/nigeriabank/personal/products-and-services/all-loans/stanbic-ibtc-mreif-home-loans

 

More than 100 other people were injured in the blasts that took place on Monday evening in the capital of Nigeria’s restive Borno state.

No group has claimed responsibility for the suspected attacks.

The deadly blasts come after a military post was attacked overnight Sunday to Monday, which authorities blamed on suspected Islamist militants.

This sad incident is coming barely two weeks after Primate Elijah Ayodele, the Leader of INRI Evangelical Spiritual Church specifically warned against attacks in some states. He mentioned these states while calling on security operatives to pay close attention to them.

These were his words:

“Another attack is coming up in these following states where the military must watch carefully and intelligently; Kano, Kaduna, Zamfara, Kebbi, Niger, Borno, Kwara and Kogi state. They want to do a deadly attack, it’s preventable but it depends on how they will handle it. I have told you about the danger coming up.”

@primateayodele

#borno #nigeria #fulfillment #security #primateayodele

♬ original sound – Primate Ayodele

Unfortunately, some of our military agencies don’t believe spiritual intelligence can save the country from so much danger hence, their neglect of this prophetic warning but now, it has been fulfilled with the miliary losing credibility by the day while Primate Ayodele continues to gain momentum.

Likewise, At least 26 passengers and crew sustained varying degrees of injuries on Monday following an accident involving the Kaduna–Abuja train, according to the Nigerian Railway Corporation (NRC).

Opeifa explained that the train departed Rigasa in Kaduna at 7:15 a.m. and was approaching Asham station around 9:16 a.m. when a loud bang was heard after the power car and trailing locomotive collided with one of the passenger coaches.

In July 2025, Primate Ayodele asked nigerians to pray not to see train mishap on the Kaduna-Abuja route.

@primateayodele

#nigeriantiktok🇳🇬 #fulfillment #train #abuja #primateayodele

♬ original sound – Primate Ayodele

“Let’s pray not to see train mishap in Abuja-Kaduna, Kaduna-Abuja route.”

This has also been fulfilled.

 

Continue Reading

news

MSC Secures 45-Year Concession to Build Snake Island Container Terminal in Lagos

Published

on

 

The project ends decades search for investors, boosts Nigeria’s blue economy

By Prince Adeyemi Shonibare

Nigeria’s maritime sector is set for a major transformation following a landmark agreement involving the world’s largest container shipping company, Mediterranean Shipping Company (MSC), which has secured a 45-year concession to build, manage and operate a modern container terminal at Snake Island Port in Lagos.

The project, to be developed in partnership with Nigerdock, marks one of the most significant private sector investments in Nigeria’s port infrastructure in recent decades and is expected to strengthen the country’s role as a major maritime gateway in West and Central Africa.

For Nigeria, the agreement brings to close decades of efforts to attract large-scale investors to develop Snake Island Port, a strategically located maritime asset in Lagos.

Long-standing concession history
Snake Island’s maritime facilities date back several decades. In 1992, the Federal Government granted a 99-year concession for the island’s port and industrial facilities to Nigerdock, a major maritime engineering and logistics company.
Nigerdock was later privatised and is currently operated by the Jagal Group owned by Nigerian industrialist Maher Jarmakani.

Over the years, the Island Container Terminal fell into disrepair, requiring major rehabilitation and modernization to meet modern global shipping standards.

The new partnership with MSC is expected to transform the port into a state-of-the-art container handling facility capable of attracting larger vessels and increasing Nigeria’s cargo throughput capacity.
Buhari administration approved the project.

The investment framework for the Snake Island development was approved in May 2023 by the Federal Executive Council under then President Muhammadu Buhari.
The approval authorised total private investment of approximately $974.1 million for the project under a Public-Private Partnership structure, including the 45-year concession period.

At the same time, the Federal Government also approved two other major maritime infrastructure projects:
• Development of the Ondo Multipurpose Port in Ilaje, Ondo State, with $1.48 billion in private investment and a 50-year concession.
• Expansion and development of the Burutu Sea Port in Delta State, involving $1.2 billion in private investment and a 40-year concession.
These projects form part of Nigeria’s broader effort to develop its blue economy and expand maritime trade capacity.

Construction partners
Engineering and construction of the Snake Island container terminal will be handled by:
• ITB Nigeria Limited
• DEME Group
ITB Nigeria Limited is part of the Chagoury Group and owned by the Chagoury family, while DEME Group is a globally recognised Belgian marine engineering and dredging company with extensive experience in port construction.

MSC profile
Founded in 1970 by Italian shipping entrepreneur Gianluigi Aponte and his wife Rafaela Aponte-Diamant, MSC has grown from a single cargo vessel into the largest container shipping company in the world.
Headquartered in Geneva, Switzerland, the company operates in more than 155 countries and serves over 500 ports worldwide, with a fleet of roughly 900 container ships and over 200,000 employees globally.

The MSC Group also operates major logistics and maritime businesses including inland logistics through Medlog, cruise tourism through MSC Cruises, and port terminal operations across several continents.

According to Forbes, the estimated net worth of MSC founder Gianluigi Aponte is about $43.9 billion as of February 2026, placing him among the world’s richest shipping magnates. The company remains privately owned by the Aponte family, with both founders holding equal ownership stakes.
Management comments
Speaking on the development, MSC Group President Diego Aponte said the company is committed to strengthening its operations in Nigeria and across Africa.

“We are proud to expand our presence in Nigeria through this important infrastructure project. The Snake Island terminal will enhance service delivery and improve port efficiency for our customers and partners in the region,”

Chief Executive Officer of Nigerdock, Maher Jarmakani, described the agreement as a major milestone for the Nigerian maritime sector.

“We are delighted to partner with MSC in developing a world-class container terminal that will enhance Nigeria’s logistics capabilities and support economic growth,” he said.

Economic impact
Industry analysts say the project could significantly strengthen Nigeria’s maritime economy by expanding cargo handling capacity, reducing congestion at Lagos ports and attracting additional international shipping traffic.

The development is also expected to create thousands of direct and indirect jobs across maritime operations, logistics, transport services and port-related commercial activities.

Infrastructure expansion
Beyond the port development, plans are also underway for Nigeria’s first underwater tunnel, linking Ahmadu Bello Way in Victoria Island through Snake Island and connecting the Lagos-Calabar Coastal Highway with the Sokoto-Badagry Superhighway corridor through Badagry.

The tunnel project is expected to significantly improve freight movement and road connectivity between Lagos ports and national transport networks.

Strategic milestone
With the entry of MSC into the Snake Island development, industry observers say Nigeria is taking a significant step toward modernizing its maritime infrastructure and positioning itself as a regional hub for global shipping and trade.

For a project that has waited for decades for major international investors, the Snake Island concession represents a turning point in Nigeria’s port development strategy and a strong signal of global confidence in the country’s maritime future.

By Prince Adeyemi Shonibare

Continue Reading

news

From Construction Sites to Community Service: Temitope Akinyemi Emerges as a Model of Leadership and Impact

Published

on

In an era where integrity, excellence and strong moral values appear to be diminishing among many young professionals, Temitope B. Akinyemi has carved a niche for himself as a disciplined professional, visionary entrepreneur and committed political stakeholder whose influence continues to grow across multiple sectors.
Temitope Akinyemi currently serves as the Chief Executive of several thriving companies amongst which is Rencon PDC Ltd, operating within the building, civil engineering construction and procurement sector. Known for his result-driven leadership and strategic foresight, Akinyemi has built a reputation for delivering value, fostering organisational success and driving competitive growth within Nigeria’s built industry.
With close to two decades of professional experience, Akinyemi’s career reflects a blend of technical competence and managerial excellence. He honed his professional skills while working with reputable organisations including Portland Renovations and Construction Limited, Leadway Assurance, and Pixels Digital Systems Limited.
These experiences not only sharpened his expertise but also enabled him to nurture and mentor a team of young professionals within the construction and engineering ecosystem.
Akinyemi is an alumnus of Obafemi Awolowo University, Ile-Ife, where he laid the academic foundation for his career.
His commitment to continuous learning has taken him across some of the world’s most respected institutions. He attended the Owner Management Programme (OMP) jointly delivered by the Lagos Business School and Strathmore Business School in Kenya, while also earning certifications in Construction Project Management and Investment Management from the University of Cape Town.
Further strengthening his academic and professional credentials, Akinyemi obtained a Public Policy Certificate from the Harvard Kennedy School of Government in the United States, alongside certifications in Construction Management and Construction Estimation from George Brown College, Toronto, Canada. He is also currently concluding a Master of Business Administration (MBA) in Energy and Sustainability at Universidad Católica San Antonio de Murcia (UCAM), Spain
His professional affiliations reflect his deep engagement with the industry.
 Akinyemi is a member of the Nigerian Institute of Building, the Lagos Chamber of Commerce and Industry (LCCI), the Nigerian Institute of Management (NIM) and the Institute of Management Consultants (IMC).
Socially, he is also an active member of elite recreational institutions including the Ikoyi Club and the Ikeja Golf Club.
Beyond business and professional accomplishments, Temitope Akinyemi has steadily built a reputation as a grassroots-oriented political figure within the All Progressives Congress (APC).
His political journey gained significant visibility in 2018 when he contested the APC House of Assembly ticket, using the opportunity to engage extensively with party members across wards while presenting a vision centred on improved welfare and holistic community development.
Although the primary contest did not culminate in electoral victory, Akinyemi’s engagement left a lasting impression within the political structure of the local government. His dedication and influence earned him a role in the Lagos State APC Campaign Committee in 2018, and later a more strategic appointment in 2022 as a member of the Presidential Campaign Committee that contributed to the emergence of President Bola Ahmed Tinubu.
Driven by a passion for community service, Akinyemi has consistently supported vulnerable members of society through various empowerment and welfare initiatives. He regularly distributes food items, relief materials and financial assistance to elderly citizens, widows, youths and indigent children within his community, demonstrating a practical commitment to social responsibility.
In preparation for the 2023 general elections, Akinyemi also launched the Temitope Akinyemi Political Empowerment Programme, a strategic initiative designed to strengthen party structures and motivate grassroots members.
Through the programme, 183 party faithful, ward chairmen and elderly party members received financial support as recognition for their loyalty and dedication to the party.
The initiative not only reinforced party unity but also inspired new members to actively participate in the political process.
Today, Temitope B. Akinyemi stands as a blend of professional excellence, political engagement and humanitarian service a leader whose journey from the construction sector to community development initiatives reflects a consistent commitment to impact and progress.
As Nigeria continues to seek forward-thinking leaders capable of bridging business innovation with public service, Akinyemi’s trajectory offers a compelling example of how professionalism, education and grassroots connection can combine to shape meaningful leadership.
Continue Reading

Cover Of The Week

Trending