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‘Its unfortunate my Father named me Lai, it made it easy for opposition to see me as a Liar’ – Lai Mohammed laments

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"Nobody Can Stop FG From Probing #EndSARS Protesters" - Lai Mohammed Declares

 

Minister of Information, Culture and Tourism, Alhaji Lai Mohammed, in an interactive session with newsmen in Lagos at the weekend, speaks on issues of national interest. BOLA BADMUS brings these excerpts:

Recently, the Customs General, Ahmadu Ali, said you have 50 per cent PDP members in this administration, he even said they are more than 50per cent and that they have constituted problems for the administration, the question is, why can’t the president do something about it?

I think he has actually explained that as early as 2015, he did direct that they should bring nominations for constituting the boards and he was very clear with the directive as to who should make the boards, who should qualify. I remember he said anybody that has been a frontline actor in the run up to the elections, anybody who had either contested for primaries within the party and had lost or because they agreed on consensus and was asked to step down, anybody who actually contested elections, either at governorship level, National Assembly level or even state level against either PDP or Labour Party and had lost that these are the main stakeholders in the party, these are the people who ought to be commended for the appointments. But as you know, Mr President himself alone cannot do all these, all politics that we play is local.

I agree that those are charged with that responsibility failed and that’s why we are in the mess we are now and he has promised that there is going to be a fresh exercise because it is one thing to dissolve the board but you can’t leave them vacant and I think we are going to see a lot of progress in that direction.

But do you believe they are making money to fight your government, these PDP people that are still in your administration?

Well, I wouldn’t know where they are making the money from, but clearly in politics, they always say never empower your enemies.

Even now, two years into the office of President Buhari, some of those who worked for him have not been compensated.

That is why I used the example that I used for some governorship candidates/ aspirants, I used the example of National Assembly.

Again, don’t forget, like I say all politics is local. If I am the chairman of Delta State APC or I am a leader in Delta APC, and I given some criteria, I may decide to bypass those criteria. Mr President is too busy to look at all those things.

I know of many states for instance where people are complaining that it is not those who ought to be compensated that were compensated. Again, it’s not possible for you to compensate everybody at the same time. Certain Boards are not due for dissolution because some of them are tenured and certain boards need specialists. Certain Boards are governed by certain rules and so like you said the truth of the matter is that Mr. President as far back as 2015 gave this assignment to party members and they failed, they failed Mr President, that’s honest truth, I know.

What about the Baru and Kachikwu matter?

I think we should not go over Baru and Kachikwu’s case. To the best of my knowledge, Kachickwu made his point and Baru also, but the fine thing is that I think over time, we’ve seen Baru and Kachikwu working together, but the position of government is that I think you can’t start talking about fraud, there is nothing about $25billion fraud, not in the least.

The opposition, notably the PDP of course thought that oh, for once, we have our smoking gun against this government, but I can assure you that it is not possible under this administration to have $25billion fraud, the entire economy would collapse. There is no $25billion fraud, yes, there could have been lack of communication, understanding on procedures, but I think all that has been put behind us.

After two years, APC finally held both the caucus and NEC meetings, which to some extent by your own constitution ought to have taken place earlier than that they were held, is it that you have really changed or the meetings were held out of pressure?

Now, frankly speaking, there is no party that came to power like APC that is not bound to have the kind of challenges we’ve had. If you go back to ANC of those days and even what APC is facing today. Now our case is like we are in a rainbow party. You see people often forget that APC didn’t come into being until July 31, 2013. APC did not elect its executive council until June 2014. Within two weeks of the election of the executive, it had to face elections first in Ekiti, then few months later in Osun.

Now, what I am saying is that if you look at APC, it is made up of desparate political parties, ANPP, CPC, ACN, DPP, part of PDP, part of APGA. It takes time for these to jell and work together as a party. Now less than a year, within eight months, of being a political party, we had to face elections and when we won this election, even some members of APC had not even known one another or sat down together. So the hiccups that we experienced is normal and before we could settle down, our first test, you know was the election of National Assembly leadership which showed the political fault line of the party. Now we thank God, we are gradually mending all those fences, the party is working more together as a whole, the major gladiators now are back on the same page as you could see from what transpired at both the caucus and the NEC meetings.

Are you in any way afraid that your government might not go beyond 2019?

Now, as to whether we are afraid that the PDP would win, I can tell you absolutely, we couldn’t even contemplate it because it would be tragedy for Nigeria to fall back into the hands of PDP.

Look, we have very painstakingly taken this country through hell, I mean, they dropped us in hell, and we are taking you people out of hell, we can’t come back to Egypt. No, I am serious, it is not about APC, it is about President Muhammadu Buhari, it’s like the kind of revelations that are coming out, the kind of rot, you want those people to come back and preside over the affairs of Nigeria again.

Now, let me ask you for instance what would happen to the investigations that have been held if the PDP should win in 2019? They would be swept under the carpet.

There have always been investigations.

No, no, no, this is the first time in the history of this country that you are making real recovery. Only some days ago, we signed an MoU with the Swiss government to return $321million that was stolen from the country. I just told you that this is the first time this country is looking at our problem from a very realistic and very pragmatic view point. We are not talking about what we are going to achieve in two years or three years or four years, we are thinking of getting a solid foundation for a Nigeria that my children and your children will be able to thrive.

Unfortunately, the reform agenda is always longer than a political agenda and in many parts of the world, they plan for 10 years, they plan for 15 years, nobody plan for four years. And even if you look at our plan, we are talking about 20 years even though we know that there could be change of administration, but you do not think in short term. What I am saying is that Nigerians should never, never pray for PDP to come back and I am being sincere because I know as a minister the kind of challenges we are facing.

Do you know that when we negotiated with the Swiss government to return Abacha’s loot, they gave us conditions, one of them is that we must identify what programme we want to use the money for and that the World Bank would supervise what we are using that money for and when we now argued that we are sovereign country, you can’t dictate to us how we are going to spend the money that was stolen from our country and you are returning to us. They said yes, but when we returned part of it to your country, you relooted it under Jonathan, which is true. So I have already said that, we have delivered, I am serious, we are winning.

How do you feel when the opposition try to turn your name from Lai to lie to connote that you are a liar?

The fact that I happened to be the face of opposition and PDP has not forgiven me and they won’t. Now they look at the magnitude of what has happened to them and they hold me singularly responsible which is not fair. Now becoming the face of government again as Minister of Information, it is like saying, ‘We will deal with you.’ So it is automatic. Whatever comes from Lai Mohammed, we must shoot it down as a fake news, as a lie and unfortunately my father named me Lai also. So it is very easy for them. But what I challenge them every time is, please, give me what I have said which is not true. Emotionally you might not agree with me, but in terms of facts and figures, I have never said anything which you can dispute. You don’t have to like it but those are the facts. For them, it is not about the message, it is about the messenger. Incidentally today, with the social media where there are no rules of engagement, where there is no verification for any story, it is very easy to label anybody as a liar.

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Business

Dangote Sugar grows turnover by 51%, to provide 75,000 jobs

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Dangote is committed to operational sustainability

Dangote Sugar grows turnover by 51%, to provide 75,000 jobs

The chairman of Dangote Sugar Refinery Plc, Alikoa Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year.
Speaking at the 19th Annual General Meeting (AGM) on Tuesday, Mrs Bennedikter Molokwu, who chaired the AGM in an acting capacity, to represent the Aliko Dangote, noted that the company’s performance in 2024 was impacted by various macro-economic challenges, but that despite that, the future of the company is very bright.
Dangote said the company’s outlook for 2025 and beyond is to build a sustainable business, target the production of 1.5 million metric tonnes of refined sugar annually and at the same time generate over 75,000 employment opportunities, in the company’s value chain.
In the same vein, shareholders at the AGM, applauded the Board and management of Dangote Sugar Refinery Plc for maintaining its leadership in the Nigerian sugar industry, despite prevailing economic challenges.
The shareholders acknowledged Dangote Sugar as one of the largest sugar refineries in Sub-Saharan Africa and the leading player in Nigeria’s sugar sector. This position is underpinned by a combined installed refining capacity of 1.49 million tonnes per annum.
President of the Association for the Advancement of the Rights of Nigerian Shareholders,  Dr. Farouk Umar, commended the company’s performance in its 2024 report. He highlighted that, despite numerous economic hurdles, the company has remained on a solid growth trajectory.
“Our turnover of N665.6 billion represents a 51% increase compared to N441.5 billion in the same period in 2023. Earnings per share rose from N6 to N15.80. In the current economic climate, many companies are struggling to grow revenues or maintain profitability. We must commend the Board for their efforts in expanding operations and increasing shareholder value. Alhaji Dangote has pledged that the company will make Nigeria self-sufficient in sugar production,” he said.
President of the De-Impressive Shareholders’ Association of Nigeria, Pastor Olagoke Samson Olusegun, praised the Chairman, Aliko Dangote, and the executive team for steering the company to higher levels of success.
Also speaking, the Chairman of the Trusted Shareholders Association of Nigeria (TSAN), Alhaji Mukhtar Mukhtar, acknowledged the economic difficulties facing businesses in Nigeria. He described Dangote Sugar’s performance as commendable and expressed shareholders’ confidence in continued profits and dividends.
Another shareholder, Mr. Patrick Ajudua, attributed the company’s sustained success to its adaptability and ability to weather economic headwinds. He congratulated the company on its 25th anniversary, remarking that Dangote Sugar has come of age and is poised for even greater achievements.
Several shareholders also lauded the company’s impact on broader society through its Corporate Social Responsibility (CSR) initiatives, which they said have benefited not only shareholders but Nigerians at large.
Group Managing Director/CEO of Dangote Sugar Refinery Plc, Ravindra Singh Singhvi, reiterated the company’s goal of achieving self-sufficiency in sugar production for Nigeria, with a target of producing 700,000 tonnes of sugar locally within the next five years.
Executive Director Hajiya Mariya Dangote noted that the company is expanding its Backward Integration Projects (BIPs) and commissioning a new power plant, among other projects, to enhance operational efficiency.
In the Chairman’s statement contained in the Annual Report & Accounts, Aliko Dangote stated that the company remained focused on its strategic initiatives during the year, despite persistent volatility and external pressures. He reaffirmed the company’s commitment to maintaining high standards of corporate governance.

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Supreme Court sets aside N22trn judgement against Union Bank

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Supreme Court sets aside N22trn judgement against Union Bank

Supreme Court sets aside N22trn judgement against Union Bank

The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014.
The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it in the sum of approximately $8 million at an interest rate of 2.5 per cent per month compounded from January 2000 until judgement and thereafter at 10 per cent per annum from the date of judgement until the sum was fully paid.

Supreme Court sets aside N22trn judgement against Union Bank

Delivering the lead judgement of the Supreme Court, with which four other Justices agreed, Justice Stephen Jonah Adah regretted how non-adherence to a settled judicial precedent by the two lower courts had caused a simple matter to be in court for over 25 years.
The final determination of the case is expected to lay to rest the discomfort of the CBN and other regulators of Union Bank, its auditors and rating agencies on the possible impact of the judgement on the going concern status of the bank.

Visana instituted the suit against the defendants, alleging that Metalloplastica Nigeria Limited, a Borrower from Union Bank was indebted to it in the sum of $7,616,188.94 as at December 1993 and that the purported Deed of Debenture made on 24th February 1989, pursuant to which Continental Merchant Bank appointed Chief R. U. Uche as Receiver/Manager of Metalloplastica was invalid, same having been procured “without the prior written consent of Universal Trust Bank and its successors-in title or assigns (being Union Bank) as provided in paragraph 13(f) of the original Debenture issued by Metalloplastica in favour of Universal Trust Bank.

Judgment was delivered against Union Bank on 16 December 2014 for the sum of USD7,616,188.94 or its equivalent in Naira with pre judgement compound interest at the rate of 4.25 per cent per month from 26th January 2000 till the date of judgement and thereafter at the rate of 10 per cent on the judgement sum per annum from the date of the judgement till final liquidation of the debt.

The Court of Appeal later heard the application filed by the 1st respondent (Visana Nigeria Limited) to rely on fresh evidence. The Appeal was heard, and judgement was delivered on the 16th of April 2021. Judgement was reduced to the sum of USD 365, 605.32 or its equivalent in Naira with pre-judgement with interest at 4.25 per cent per month simple interest from 31st December 1993 to 16th December 2014 and thereafter at the rate of 10 per cent per annum from the date of the judgement at the court below until final liquidation of the Judgment debt.

Still dissatisfied by the judgement of the Court of Appeal, Union Bank further appealed to the Supreme Court in 2021. Union Bank’s persistence paid off in the judgement delivered on Friday, 25 April 2025.

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Business

From Vision to Empire: How Mujahid Turajo Built Til Group into a Multisector Giant

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*From Vision to Empire: How Mujahid Turajo Built Til Group into a Multisector Giant*

What started as a single company with a bold vision has grown into one of Nigeria’s most dynamic business conglomerates. Founded by the visionary Mujahid Turajo, Til Interiors began as a modest interior design company, bringing elegance and functionality to residential and commercial spaces.

Today, that vision has expanded far beyond design—Til Interiors has evolved into Til Group, a powerful conglomerate spanning food production, construction, global trade, and beyond.
With Til Foods, Til Interiors, Til Construction, and Til Global under its umbrella, Til Group is now a driving force in Nigeria’s economic landscape, fostering job creation, innovation, and industrial growth.

Til Interiors: The Foundation of an Empire
The journey of Til Group began with Til Interiors, a company that set out to revolutionise interior design and space transformation in Nigeria. Through innovative designs, premium materials, and expert craftsmanship, Til Interiors quickly gained a reputation for creating luxurious, functional, and aesthetically superior spaces for homes, offices, and commercial properties.

“Til Interiors was our foundation—it taught us the importance of detail, innovation, and excellence. Those same principles now define everything we do across all sectors,” says Mujahid Turajo.

Til Foods: Feeding Nations, Empowering Farmers
As Til Interiors flourished, Mujahid identified a critical need for self-sufficiency in food production and distribution, leading to the creation of Til Foods, which has now grown into a leader in Nigeria’s agribusiness and food industry.

Til Foods is dedicated to sustainable agriculture, food processing, and distribution, ensuring that Nigerians have access to high-quality, locally produced food products. The company oversees the entire value chain, from farming and production to retail and exports.
Within Til Foods, two major brands stand out:
Tomatil – A multi-billion naira state-of-the-art tomato processing factory in Kano, transforming fresh tomatoes into premium tomato paste and products, reducing Nigeria’s reliance on imports.

Til Grills & Restaurant – A high-end restaurant located in Ahmadu Bello Way, Kado, offering a unique dining experience that blends traditional flavours with modern culinary expertise.

“Til Foods is not just a business—it’s a mission to achieve food security, support local farmers, and put Nigeria at the forefront of global agribusiness,” says Mujahid.
Til Construction: Building the Future, One Structure at a Time
Recognising the urgent need for quality infrastructure and housing solutions in Nigeria, Til Construction was established to provide innovative, durable, and sustainable building solutions.

Today, it stands as a major player in real estate development, civil engineering, and large-scale construction projects.

One of Til Construction’s flagship projects is Concord, a residential development located in Life Camp, Abuja. Designed to redefine modern living, Concord features premium residential blocks that blend contemporary architecture with luxury, comfort, and sustainability. The project is set to transform Abuja’s skyline, offering state-of-the-art amenities, top-tier security, and elegant living spaces tailored for families and professionals alike.
“We are not just building structures; we are creating communities where people can thrive. Concord is a testament to our commitment to quality and innovation in Nigeria’s real estate sector,” notes Mujahid.

Til Global: Connecting Nigeria to the World
To support the group’s expansion into international markets and cross-border trade, Til Global was established as the conglomerate’s trade and logistics arm. This division ensures that African goods, resources, and services reach the world stage efficiently and competitively, fostering stronger trade relationships and expanding market access for Nigerian products.

A Legacy of Growth, Excellence, and Impact
From a single interior design company to a multisector empire, Til Group’s journey is a testament to strategic vision, resilience, and a relentless pursuit of excellence. Under Mujahid’s leadership, the company continues to expand, innovate, and set new benchmarks in food production, design, construction, and global trade.
“Our story is about growth, impact, and transformation. We started with a passion for design, and today, we are shaping industries and changing lives across multiple sectors,” Mujahid affirms.
As Til Group enters its next phase of expansion, the company remains committed to its core values of innovation, sustainability, and economic empowerment, ensuring that its legacy continues for generations to come.

*About Til Group*
Til Group is a diversified Nigerian conglomerate with subsidiaries in food production (Til Foods), interior design (Til Interiors), construction (Til Construction), and global trade (Til Global). The group is dedicated to driving industrial and economic growth through innovation, sustainability, and excellence.

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