Business
Dangote reacts to EFCC’s visit to its Headquarters
Published
1 year agoon
Dangote reacts to EFCC’s visit to its Headquarters
…Says EFCC only visited and not raided head office
Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos by officials of the Economic and Financial Crimes Commission (EFCC) saying it was ready to assist the Commission in its investigations.
The foremost indigenous conglomerate in a statement disclosed that it received a letter from the EFCC on December 6, 2023, requesting details of all the foreign exchange allocated to it by the Central Bank of Nigeria from 2014 to the present.
Describing the request from EFCC as not being peculiar to Dangote Group, the Company management said’ “We understand similar letters were sent to 51 other Groups of companies requesting for same information spanning the same period.”
According to the statement, Dangote Group responded to the EFCC to acknowledge receipt of the letter whilst seeking clarification on the subsidiaries or companies within the Group that they required information on. It also requested additional time to compile and properly present the extensive documentation spanning ten years.
“However, the EFCC did not provide the clarification sought and did not honour the request for an extension, and insisted on receiving the complete set of documents within the limited timeframe. The management of Dangote Group stated, “Despite this constraint, we assured the EFCC of our commitment to providing the information and pledged to share documents in batches as we complete the compilation.”
According to Dangote Group, “On 4 January 2024, our team delivered the first batch of documents to the EFCC. However, officers of the EFCC did not accept the documents, insisting on visiting our offices to collect the same set of documents directly.
“Whilst our representatives were still at the EFCC’s office to deliver the documents, a team of their officers proceeded to visit our offices to demand the same documents in a manner that appeared designed to cause us unwarranted embarrassment. Worthy of note is the fact that the officials did not take any documents or files from our Head office during their visit as these were already in their office.
“We must emphasize that, to our knowledge, no accusations of wrongdoing have been made against any company within our Group. At present, we are only responding to a request for information to assist the EFCC with their ongoing investigation.”
Stating its resolve to continue to play its key role in stimulating the domestic economy, Dangote Group declared, “As a law-abiding and ethical corporate citizen, we remain committed to providing the EFCC with all necessary information and cooperation. We have already delivered the first batch of documents and are actively working to compile and submit the remaining documents, in good time, to aid their investigation.
“Our Group is a key contributor to the national GDP, the largest employer in the private sector, one of the largest groups listed on the Nigerian Exchange, and one of the highest taxpayers in the country. We remain steadfast in our belief in Nigeria’s commitment to the rule of law and its dedication to fostering an environment conducive to investment and value creation for both local and foreign investors.”
The Company then called for the understanding and patience of all stakeholders and promised to inform them of any further developments.
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Business
ABRIDGED PROFILE OF CHINEDU NSOFOR (CEO, WORKWIS GROUP)
Published
1 day agoon
January 7, 2025ABRIDGED PROFILE OF CHINEDU NSOFOR (CEO, WORKWIS GROUP)
Chinedu Nsofor is a Professional Social Worker, a Seasoned Technocrat, an International Development Expert, a Change Agent, a Media Guru/Wikipedian, and a Versatile Project Management Expert with a passion for developing and implementing programs and initiatives that touch lives and impact different segments of society, focusing on bringing about massive change, especially in Africa.
He holds an M.Sc. in Social Work, specializing in Industrial Social Welfare from the Ladoke Akintola University of Science and Technology, Ogbomosho, Oyo State, and a B.Sc. in Social Work from the University of Nigeria, Nsukka.
As a Media Guru/Wikipedian, he is the Founder/CEO of WORKWIS Media Ltd., a leading and reputable media outfit in Nigeria and Africa.
As an International Development Expert, he is currently the Country Director of Rapid Heal Nigeria, a leading wound and skincare treatment company with its global headquarters in Malaysia. Prior to assuming this role, he served as the Country Programs Director (Nigeria) and Africa Director of Asia Pacific Sports International, a reputable sports business and management firm headquartered in Malaysia, with branches in Singapore and other Asian countries.
As a versatile Project Management Expert, Chinedu has coordinated over 50 impactful programs at national, regional, and state levels in Nigeria, touching the lives of over 50,000 Nigerians. Some of these include:
Coordinator of the IMOFINTECH Program for 5,000 Imo youths, organized by the Imo State Government in partnership with Iwuanyanwu Foundation (October–December 2019).
Program Coordinator of safety training for ambulance drivers in Southeast Nigeria during COVID-19 (2021).
Coordinator of the Central Bank of Nigeria-Southeast Entrepreneurship Development Centre’s Program, Owerri Study Centre (2018).
Program Coordinator of the maiden edition of the Inter-secondary School Debate Competition for all secondary schools in Abuja (2018), organized by the Federal Road Safety Corps in partnership with Iwuanyanwu National Ambulance Foundation.
Coordinator of the 2017 Accident-Free Ember Month Program of the Federal Road Safety Corps (Owerri Safety Command) and Iwuanyanwu National Ambulance Foundation.
Program Coordinator of the Imo State and Ebonyi State Free Automobile Training Program, organized by Innoson Kiara Academy in partnership with Iwuanyanwu Foundation and the governments of Imo and Ebonyi States (2021).
Coordinator of the Free Physiotherapy Treatment Intervention Program for arthritis, neck pain, back pain, and waist pain patients in Ikeduru LGA, Imo State (December 3–4, 2021).
Co-coordinator of the Chartered Institute of Personnel Management Program, Abuja Study Centre (April–December 2015).
Co-coordinator of the 20-day NAPSAS/National Power Training Institute Program in Abuja (May 2015).
Co-coordinator of the National Power Training Institute of Nigeria (NAPTIN)/SURE-P TVET training for graduate engineers in Lagos (February–March 2015).
Coordinator of the second edition of the seven-day “Work While in School Conference” at UNN, attended by about 3,000 students, organized by the Work While in School Foundation in partnership with the Institute of African Studies, UNN.
Project Coordinator of the Global Impact Show organized by Great Minds International and powered by the Faculty of Social Sciences, UNN (2012).
As a student leader/Igwe of the Faculty of Social Sciences, UNN, he organized the Faculty’s New Yam Festival in 2010, an event attended by the Senior Special Assistant to the President on Special Duties and other national dignitaries.
Coordinator of the first “Work While in School Conference” at UNN (2011) for over 4,000 third-year students, organized by the Work While in School Foundation in collaboration with the Centre for Entrepreneurship and Development Research, UNN. This program is recorded as the largest student entrepreneurship conference in the history of UNN.
Coordinator of the seven-day African Education and ICT Conference, organized by WORKWIS Foundation and the Institute of African Studies, UNN (March 2010). The conference secured a renewal of the ₦5 million annual scholarship grant from the Dr. Sam Onyishi Foundation and attracted a ₦50 million donation to the university. Over 5,000 UNN students from seven faculties were trained in various skills.
Chinedu Nsofor is a man of integrity and deep spirituality, with a steadfast commitment to excellence in all his operations. His words are his bond, and his contributions consistently bring positive transformation to society.
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Business
A Businessman and His Siren: Tunde Ayeni Refutes News of His Fatal Return to Gail Fajembola
Published
2 days agoon
January 7, 2025A Businessman and His Siren: Tunde Ayeni Refutes News of His Fatal Return to Gail Fajembola
The allure of forbidden passion often carries a price, and for Dr. Tunde Ayeni, the once-revered businessman whose rise and fall mirrors the trajectory of a Greek tragedy, the cost has been steep.
Amid the ruins of financial embarrassment, public disgrace, and familial strain, Ayeni has frantically disassociated himself from speculations of his purported return into the arms of the arms of Gail Fajembola, a woman whose name is synonymous with scandal.
In a bid to distance himself from Gail and their controversial past together, Ayeni went as far as instructing his property firm to notify tenants of a choice Ikoyi property that Gail should no longer be allowed to use the address for correspondence. “Dr. Ayeni has nothing to do with Gail’s relocation to Nigeria,” a source close to him declared. “He is focused on growing his businesses and spending quality time with his family and true friends.” Yet, despite these denials and calculated efforts to sanitize his image, insiders whisper of a rekindled liaison between the embattled businessman and his former mistress.
This revelation comes as a shock to many who recall Ayeni’s vehement disassociation from Gail years ago. Back then, he publicly vowed to sever all ties with her, swearing on his children’s lives that he would never return to the woman whose influence nearly dismantled his business empire and marriage. The reasons for this oath were both public and damning: Gail, with her extravagant lifestyle and insatiable demands, had drawn Ayeni into a vortex of corruption and financial impropriety that nearly consumed him.
The Return of the Femme Fatale
Gail Fajembola’s return to the Nigerian social scene, after a five-year sojourn in the United Kingdom, has been met with both intrigue and suspicion. Described by some as a “femme fatale” with a penchant for seducing powerful men, her arrival in Abuja has reignited whispers of her alleged connection to Ayeni. Sources suggest that Gail’s relocation may not be as innocent as claimed, with many speculating that her return signals a calculated move to reclaim her position in Ayeni’s life.
The woman once vilified for the chaos she sowed in Ayeni’s world seems undeterred by past scandals. Gail’s critics describe her as a chameleon—a master manipulator who has left a trail of broken relationships and tarnished reputations in her wake. Despite this, Ayeni appears to remain ensnared by her charms, prompting questions about what compels him to rekindle a relationship that has cost him so dearly.
A Scandalous. History
Gail’s romantic history reads like a cautionary tale of ambition and audacity. Her past liaisons include some of Nigeria’s most prominent men, from a former Senate President to influential oil industry magnates. Yet it is her relationship with Ayeni that has proven the most enduring—and destructive.
During their initial affair, Gail’s extravagant demands reportedly drained Ayeni’s finances and drew him into a web of questionable dealings. Her influence was so pervasive that Ayeni found himself under investigation by the Economic and Financial Crimes Commission (EFCC), with allegations of embezzlement and financial misconduct dominating headlines. The fallout left Ayeni’s reputation in tatters, his businesses struggling to recover, and his family in disarray.
In the years that followed their breakup, Ayeni’s public declarations of remorse and determination to rebuild his life were seen as an attempt at redemption. He sought to distance himself from Gail, focusing on salvaging what remained of his legacy. However, recent developments suggest that Ayeni’s resolve has faltered, raising questions about his judgment and the nature of his relationship with the woman who nearly destroyed him.
Gail’s Calculated Return
Observers note that Gail’s return to Nigeria coincides with a period of significant upheaval in Ayeni’s life. Once a high-flying billionaire, Ayeni’s financial empire has reportedly been reduced to a shadow of its former self. With mounting debts and diminishing influence, Ayeni’s renewed association with Gail appears both illogical and self-destructive.
For Gail, however, the motivations seem clear. Known for her ability to manipulate powerful men, she has often been described as a “hunter”—a woman who thrives on the wealth and influence of her targets. Critics argue that her return is a calculated move to regain access to Ayeni’s resources, despite his precarious financial state.
The Anatomy of Obsession
What drives Ayeni’s apparent inability to break free from Gail’s grasp? Psychologists might label it as a classic case of compulsive attachment, a destructive bond fueled by a mix of passion, vulnerability, and dependency. Others see it as a testament to Gail’s unparalleled skill in exploiting the weaknesses of her partners, drawing them into a cycle of desire and destruction.
For Ayeni, the consequences of this renewed liaison could be dire. Already besieged by financial woes and public skepticism, his decision to re-engage with Gail risks alienating his family and further tarnishing what remains of his reputation. His critics have been unsparing in their condemnation, describing him as a “shameless man” who has returned to his vomit, defying both logic and morality.
Gail, too, has faced harsh judgment, with detractors labeling her as a woman devoid of dignity. Her willingness to endure public humiliation for another chance at affluence has only reinforced her reputation as a manipulative figure, willing to go to any lengths to achieve her goals.
The story of Tunde Ayeni and Gail Fajembola serves as an admonition about the perils of unchecked desire and the corrosive effects of scandal. Their relationship, a volatile mix of passion, ambition, and self-destruction, offers a stark reminder of the dangers of succumbing to temptation.
For Ayeni, the stakes could not be higher. His continued association with Gail risks sealing his fate as a man undone by his own desires. For Gail, the narrative is one of relentless ambition and calculated opportunism, a woman whose pursuit of power and influence knows no bounds.
As their story continues to unfold, one thing is certain: the saga of Tunde Ayeni and Gail Fajembola is far from over. Whether it ends in redemption or ruin, it will undoubtedly remain a stark reminder of the high cost of forbidden love.
Findings reveal that to ensure a clean break from this past relationship, Tunde Ayeni’s property firm recently wrote to the occupants of one of his choice properties in Victoria Island to inform them that Gail Fajembola should no longer be allowed to use the address as her mailing address and should no longer receive her mails through the office address. The correspondence was firm in its assertion that the business mogul and his company no longer have anything to do with Gail. ( letter attached).
To further lend credence to the position that the relationship has since been consigned to the backyard of history, another source disclosed that Dr Ayeni, nowadays, often makes it clear to confidants and close business associates that he was done with the past social life and that the new chapter of his life is focused on expanding and deepening his business interests.
When contacted on the Gail relocation issue and the allegation that he facilitated it, the businessman said: “When will you guys leave me alone and stop disturbing me over mundane issues. I have made it clear, and it is in the media space: I’m done with all these issues of this relationship, that relationship. I have moved on, and I’m not looking back. What you are asking is in the realms of the past, and I’m now focused on the present and the future. Spare me, please. “t and the future. Spare me, please.”
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Business
Adron Homes Unveils New Logo to Reflect Innovation, Growth, and Global Ambitions
Published
2 days agoon
January 7, 2025*Adron Homes Unveils New Logo to Reflect Innovation, Growth, and Global Ambitions
In a groundbreaking moment of celebration and reflection, Adron Homes unveiled its new company logo on Monday, January 6, 2025. The unveiling ceremony, held at the company’s head office in Lagos, was attended by top executives, stakeholders, staff, and media representatives. This milestone event marked a significant chapter in the company’s twelve-year journey of innovation, transformation, and growth.
The newly redesigned logo preserves the timeless essence of Adron Homes while introducing a sleek, modern twist. Its bold and dynamic elements represent the company’s forward-thinking approach and readiness to embrace the future. The elegant globe encircled by interconnected homes reflects Adron Homes’ mission to build communities and expand its footprint beyond Nigeria and Africa.
Speaking at the unveiling ceremony, the Chairman of Adron Homes, Aare Adetola Emmanuelking, shared the inspiration behind the change. He said, “Logos are not just designs; they are prophecies that predict the future. Our new logo is a statement of who we are and where we are headed as a company. It is time to take Adron Homes to the world and bring the world to Adron Homes.”
Since its inception in 2012, Adron Homes has become a household name and one of the leading real estate companies in Nigeria. Highlighting the company’s remarkable journey, the Vice Chairman, Olori Aderonke Emmanuelking, remarked, “For 12 years, by the Grace of God, this organization has been on a journey of transformation, innovation, and commitment to our vision of making the dream of homeownership a reality for everyone. We identified a gap—a dream for affordable luxury that seemed out of reach for many—and we sought to fill that gap. This realization has fueled our drive to dream even bigger and aim even higher.”
As Adron Homes embarks on this exciting new chapter, the new logo stands as a symbol of the company’s aspirations and achievements. Over the past decade, Adron Homes has been dedicated to making homeownership an attainable dream, and this rebranding reaffirms its commitment to excellence, innovation, and growth.
The Chairman emphasized that this new logo embodies the company’s vision to create cities, communities, and homes without borders. “This rebranding effort signifies more than a change in design; it symbolizes our global aspirations. We are ready to shape the future of real estate by providing world-class solutions that transform lives and add value to communities,” he said.
The logo unveiling represents Adron Homes’ readiness to expand its influence globally, showcasing the company’s ambition to redefine real estate on an international scale. With a renewed focus on building sustainable communities and promoting inclusivity, Adron Homes continues to inspire confidence and innovation in the industry.
Maureen Echefu
Chief Press Secretary
Adron Group
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