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MUST READ!!! WHAT IS WRONG WITH PASEDA? By Michael-Azeez Ogunsiji

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Politics according to Merriam Webster Dictionary is “the art or science of government or the art or science  concerned with guiding or influencing governmental policy.

 

The grammarian also define politics as the art or science concerned with winning and holding control over a government.

 

Empirically, politics can be said to be activities that relate to influencing actions and policies of a government or getting and keeping power in a government.

 

It is the work or job of people (such as elected officials) who are part of a government.

 

Just as I searched and observed with keen interest the calibre and credibility of Nigerian politicians, I discovered that nothing is inseparable from each other.

 

In Ogun State, a retrospect look at the dozier of past and present leaders of the state create a burning desire to give self assessment with unbias pass mark for those that performed credibly well, which invariably serves as benchmark for successive administrations.

 

OSOBA: ONE DISAPPOINTMENT, TOO MANY

Since 1999 we attained the fourth republic, Chief Olusegun Osoba who steer the affairs of the State under the political platform of Alliance for Democracy (AD) governed the state with the limited resources available at his disposal despite being an opposition party with Baba Obasanjo PDP at the federal government.

 

Aremo Osoba provided the needed dividends of democracy for his people and took governance to the door step of the masses especially the rural dwellers through town hall meetings,  consultation and provision of social amenities in the rural areas.

 

Aremo Osoba between 1999-2003 remarkably touched every sector of the state economy to include ; agriculture, education, housing, rural/urban renewal, construction of roads, rural electrification project, donation of transformers to the urban centres, training and empowerment for artisans, provision of drinkable water system, prompt payment of workers salary, non-deduction of workers pension allowance, construction of market centres, empowerment through his wife, Beere Derinsola Osoba where the aged, widows/widowers, youth, artisans, unemployed graduates were assisted among others.

 

During Osoba’s tenure, the standard of Education in the state was maintained, while tuition fees across the state owned higher institution of learning was invariably minimal and affordable for prospective students and parents, not to mention good standard of living with adequate security.

 

DANIEL’S TRIUMPHANT ENTRY INTO THE FRAY

But alas, 2003 born the advent of new political era in Ogun State with the arrival and introduction of Otunba Gbenga Daniel into Ogun politics.

 

Like the Biblical ‘wonder’ Daniel, Otunba Justus Olugbenga Daniel came like a wild in the burning fire, caught the fancies of both young and old with so many creative concept that upshot him into the minds of the people.

 

The popular TV advert with the chorus “Ee lo so f’araye peee, Daniel mbo, Ee lo so f’araye pee, Daniel ti de o, Eyin Omo Ogun, ise ma tiya”…..this and many other lofty creativity couple with signages that arrest the thinking faculty of Ogun indigenes both home and abroad, still linger on for those that followed the trend.

 

OGD as fondly called, came with so much believe and aspiration that with him at the helms of the state affairs, Ogun would become Eldorado within a year.

 

Infact, such propaganda and gimmicks made people to condemned and rubbished Aremo Segun Osoba’s four year term as fruitless. Even, OGD and his ‘propagandists’ or strategists as the case maybe, whichever way made us believed that, we have been held under bondage and wilderness by Osoba, that within a twinkle of an eye, those O2T (Osoba for 2nd Term)  Apostles found it compelling and competitive with enough reasons to switched allegiance to OGD. Bravo!

 

OGD emergence as the Executive Governor of the Gateway State brought new revolution and dimension to the politics and governance of the state, a standard that became a template for interested occupier/s of Oke-Mosan.

 

Daniel’s style of leadership and governance could be liken to that of Thai Model of governance whereby the immediate needs of the people were prioritized based on the demand and yearning of the people.

 

OGD’s administration witnessed tremendous achievements in terms of infrastructure, health, education, judiciary, Sports, economic vibe, massive job creation /employment, etc.  That is not my obligation here, let his image makers continue from here.

 

Lo and behold, in spite of the adulation that greeted such lofty and credible ideas of Otunba Daniel with good implementation; corruption, thuggery, uncivil and overzealousness of few of his aides and unjust killing of innocent citizens of the state rubbished the eight years tenure and public demand for change in Governance.

 

…AND AMOSUN’S CONSOLIDATED VICTORY

This development however, gave Senator Ibikunle Amosun public sympathy and support after a failed attempt to become Governor in 2007.

 

Amosun became the State Governor in 2011 after a keenly contested election with Gbenga Daniel’s anointed candidate, Prince Gboyega Nasir Isiaka under People’s Party of Nigeria (PPN). Despite the mouth watering amount spent by the then incumbent (Daniel), the people of the state stood their ground against any imposition and intimidation from the PDP government.

 

Infact, another interesting scenario of the whole political saga was, inspite of the money distributed by Daniel and his cronies to convince the people to support his candidate, GNI, the people still continue to chant a particular slogan “Pin pin lowo Nasir” PPN (meaning Nasir money is for shared) which became a national anthem in the state.

 

Amosun emerged with so much expectation that, normalcy would return to the state and livelihood of the people would improve under the new government and party. But today, reversed was the case.

 

I may not be able to start analysing the events that unfold during the first term in office of Governor Ibikunle Amosun,  except for the massive road construction and unnecessary overdo flyover bridges (we all know what is behind it, anyway) at the detriment of other sectors, but let’s give it to him on that, albeit we want to play politics here. In terms of road construction in the State Capital, Abeokuta, Amosun should be scored high, while many road  projects in other zones {Yewa and Ijebu) were until now, abandoned. And I also believe that our memories is still very fresh to remember the odds that characterized the first year in office of his second term.

 

WHERE DID PASEDA GOT IT WRONG?

According to Africa proverb, caution should be taken when a dog that whine its tale to the owner, suddenly started barking,  signifies a bad omen. The 2015 general elections in Ogun State created a new aura in the anal of political history of the state. The fact that, Senator Amosun was declared winner of the governorship election was not the focal point, but the hopes and courage for a better tomorrow with the introduction of a charitable and grassroot candidate, the man of the people who has been tagged as the Awolowo of this new dispensation in the person of Otunba Olatunde Rotimi Paseda gave the good people of the state a sigh of relieve that the future is secured and reason to believe in our democracy once again.

 

Otunba Olatunde Rotimi Paseda, a seasoned administrator and an Engineer by profession, a man with an impeccable character who is God fearing declared his intention to serve the good people of Ogun State in less than six months to the 2015 elections under the platform of Unity Party of Nigeria (UPN), but came third behind PDP’s governorship candidate, Prince Gboyega Nasir Isiaka.

 

Immediately after the announcement of the election results, Paseda told who care to listen that, Project 2019 would be another opportunity to save his people from the hardship and inhuman policies the APC government brought upon the state, since then, Otunba Rotimi Paseda became the beautiful bride in Ogun politics that every political Party want to toast.

 

What then was his sin? Immediately he showed interest in running for 2019 project to change the dwindling fortune of Ogun State with the tagged of ancient state to eldorado of sort, all sort grandeur and mystery started connecting with his name.

 

The discrepancy between the legend and the reality proved immensely disappointing to those who wanted to believe in their Messiah. Suddenly, Paseda became a household name and the new beautiful bride in Ogun politics.

 

Ogun State is privileged to have one of the very few leaders with a mind of rendering selfless services to the people of the state. Olatunde Rotimi Paseda is one of the very few with Pa Awolowo’s  legacy. ORP has fondly called, so much believe in giving back to the society that produced him. Olatunde Rotimi Paseda is the heir of Late Chief Jeremiah Obafemi Awolowo,  the son of Efunyeloye.

 

Olatunde Rotimi Paseda is the Moses that has eluded Ogun State and the South-West in times of yore.

 

Despite the fact that, 2019 is three years away, already the political heat is on and some have started throwing pebbles /dynamite to destroy the personality of Otunba Paseda.

 

Judging from the ongoing political onslaught, it is crystal clear that, the name Paseda signaled threat and intimidation to the opposition camps. If not, one begin to wonder why the sudden attack on the philanthropist and youth liberator.

 

The recent facebook political witch-hunt by one political jobber to truncate the chances of Paseda on the order of his pay masters was another decoy to test his popularity, but whether day like it or not, Paseda has come to stay and a household name in Ogun politics today.

 

The question that came to mind, was that, is their perception about Paseda the standard Ogun state people would use to measure Paseda?

 

No matter what, Paseda has become a household name in Ogun, a feat which has been enhanced by his recent move to assist the challenged underprivileged people in the state.

 

Otunba Rotimi Paseda is a born servant leader who exhibits the characteristics that only exceptional people possesses  in politics. His humble life is a tapestry of success and accomplishment in all human endeavors. His excellence services in the service of the Lord, humanity and our community have placed him in the league of the few emerging leaders to look forward to lead our people to the promised land come

2019.

 

Prince Olatunde Rotimi Paseda may not have held any political office in the past, but, his humanitarian gesture cannot be compare with any politicians who live large with government and tax payers money. I stand to be corrected.

 

Among many other humanitarian services Otunba Paseda rendered through his foundation, Paseda Legacy Foundation include but not limited to, scholarship to 20 Future Promise College Students, provision of six electrical transformers to the neglected Omu – Ijebu community, payment of medical bill of an amputated patient at Federal Medical Centre, Abeokuta, flying abroad of kidney transplant of 9year-old Oluwatobi Solanke , payment of tuition fees a final year law student of Olabisi Obasanjo University, payment of tuition fee of students of Moshood Abiola Polytechnic, Abeokuta, Federal University of Agriculture, Abeokuta, employment of two best mass communication graduates at his foundation, creation of skill acquisition programme for youths, among many others.

 

When the hues about his experience originated, I was quick to ask, if OGD had any political inclination before he ventured into politics and governed the state in 2003?

 

Unfortunately for these Facebook jobbers, Paseda has gone beyond the “Ali goes to school” politics and Pull Him Down antics, he is now being woo by the northerners to be their presidential candidate come 2019, a notion he dismissed instantly. Little wonder, they were quick to bestowed on him, a chieftaincy title of Garkuwan Hausawan of Ogun State to hijack him from the campaign of calumny.

 

His recent visit to the North-west region of the country, liken him to one of the foremost Nigeria politicians and the acclaimed winner of June 12, 1993 Presidential election, late Chief MKO Abiola, who was more celebrated abroad than home.

 

While he is being treated fairly at home by the power brokers, he became a toast of both old and young in the Hausa speaking states.

 

Today, Paseda, the son of a village teacher and Store-keeper now rules the world with his chain of businesses spread across Europe and America where over 2,500 workers were on his payroll monthly, not minding the over bearing cost, Paseda recently recruited additional 3,000 staff to his companies in Nigeria to reduce the high rate of unemployment in the country.

 

What else needed to be done by this great, but intelligent politician to serve Ogun State and his people? Is it because he had failed to join the array of political manslaughters that made him unqualified?

 

Is it because he doesn’t have political godfathers who would dictate his mind and rig elections for him?

 

Those condemnation holds no water, any way, as the persecutors failed to realize that, “One in God, is more than a million”.

 

According to the prophecy of the late Sage, Obafemi Awolowo wherein he said, “a time is coming where the left and right will come together and form a centralized government”, already such testimony is beginning to manifest in Otunba Olatunde Rotimi Paseda as he is being taunted as the (central) only chain that will connect the powers that be together to form a formidable government that will move Ogun State to greater height irrespective of their political affiliation.

 

MICHAEL-AZEEZ, is the Director on Communication,

Paseda Legacy Foundation

Ogun Sate.‎

 

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Group Signs Investment Promotion Agreement in Ivory Coast as UNIPGC Deploys Funding for Capital Projects  

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Group Signs Investment Promotion Agreement in Ivory Coast as UNIPGC Deploys Funding for Capital Projects

– Ivorycoast, Cot’devouir 

 

Noble & Gold Consulting Ltd has officially signed a partnership agreement with Gicobat Group of Company to facilitate funding for capital projects in Abidjan, Côte d’Ivoire, through the UNIPGC–Global Economic Development Council (GEDC), during a high-level Business and Investment Roundtable held in the country.

 

The meeting, which took place on May 12, 2026, at the World Trade Centre in Abidjan, brought together senior executives and stakeholders from both organizations, including His Excellency, Amb. Jonathan Ojadah GCOP, Global President of UNIPGC; Mr. Noble Eze, CEO of Noble & Gold Consulting Ltd; and the Chairman of Gicobat Group of Company, Côte d’Ivoire.

 

The roundtable focused on opportunities for capital project financing, investment promotion, and business development across strategic sectors of the economy. Following extensive deliberations, the parties finalized terms and signed an agreement aimed at advancing the projects discussed during the engagement.

 

Speaking at the event, the Chairman of the UNIPGC-GEDC, His Excellency Amb. Jonathan Ojadah, delivered a presentation titled *“How Reputable Brands Can Secure Funding for Capital Projects.”* He stated that the agreement represents a major milestone in supporting high-profile business initiatives that require structured financing and professional project management.

 

According to him, the partnership aligns with UNIPGC-GEDC’s mandate as a leading investment promotion, advisory, and business development institution operating across Africa and internationally.

 

> “Today, I am delighted to address this important topic on how leaders of established and reputable brands can secure the capital required for major expansion, technological advancement, or infrastructure development. The objective is not merely to find funding, but to attract the right funding at the most competitive cost of capital,” he stated.

 

He emphasized that brand reputation remains a critical asset in attracting investors and financial institutions.

 

> “In business, reputation is everything. In the world of capital-intensive projects, reputation is more than public perception; it is an asset class. A reputable brand represents stability, proven performance, and trustworthiness,” he added.

 

Amb. Ojadah further noted that successful funding processes begin long before formal investment pitches are made. According to him, investors seek organizations that demonstrate value stewardship, operational excellence, and financial discipline.

 

Drawing from his international experience in capital project engagements across Egypt, Kenya, the Democratic Republic of Congo, Zambia, and other countries, he highlighted several categories of major funding institutions involved in large-scale development financing. These include multilateral development banks, government agencies, private foundations, and impact investors focused on infrastructure, healthcare, real estate, energy, oil and gas, and sustainable development.

 

Among the institutions he referenced were the International Finance Corporation (IFC), the European Union (EU), the United Nations Capital Development Fund (UNCDF), the OPEC Fund for International Development, the Bill & Melinda Gates Foundation, the Mastercard Foundation, the Ford Foundation, the Rockefeller Foundation, and the UNIPGC Foundation.

 

He explained that through the UNIPGC Global Economic Development Council (GEDC), the organization facilitates funding opportunities for startups, private sector operators, and government projects through public-private partnerships (PPP), leveraging its network of international funding partners and financial institutions.

 

Amb. Ojadah identified three critical indicators commonly assessed by investors and lenders before financing projects:

 

1. **Transparency and Financial Performance** – Organizations must maintain audited financial records, quality assets, and sustainable growth patterns.

 

2. **Operational Excellence** – Investors prefer businesses with proven operational systems and stable cash flow generation, which reduce investment risks.

 

3. **A Strong Project Narrative** – Businesses must clearly demonstrate how proposed projects align with long-term strategic goals such as digital transformation, automation, infrastructure expansion, or increased market competitiveness.

 

He also outlined key strategies reputable brands can adopt in securing project financing, including bank financing, strategic partnerships, vendor financing arrangements, private equity investments, and asset-based lending structures.

 

> “Securing capital for projects as a reputable brand is ultimately about combining trust with strategic planning. Reputation is your strongest asset, and when paired with sound financial planning and a compelling vision, it becomes a powerful tool for building the future,” he concluded.

 

For Gicobat Group of Company, the partnership is expected to accelerate the execution of ongoing and proposed projects by leveraging UNIPGC-GEDC’s network of investors and financial partners. Officials of the company expressed confidence that the collaboration would significantly improve project implementation timelines and financing accessibility.

 

Organizers noted that the choice of the World Trade Centre, Abidjan, as the venue reflected the international scope and significance of the engagement, particularly for negotiations involving capital-intensive projects in infrastructure, trade, and industrial development.

 

UNIPGC-GEDC describes itself as a leading global investment promotion, advisory, and business development consultancy, working with governments, private enterprises, and institutional investors to structure, finance, and manage large-scale projects from inception to completion.

 

According to the organization, the Abidjan agreement adds to its expanding portfolio of strategic partnerships aimed at unlocking capital for projects with significant economic and social impact. It also confirmed that due diligence and project structuring processes had been completed prior to the signing to ensure project bankability and investor confidence.

 

Officials from both organizations further disclosed that implementation teams would be constituted immediately to oversee the next phase of the agreement. Although specific project details were not disclosed, both parties assured stakeholders that updates would be communicated as implementation milestones are achieved.

 

UNIPGC-GEDC also encouraged businesses, institutions, and investors with high-impact projects requiring financing or management support to engage with its team for collaboration opportunities. Further information on its services is available via UNIPGC-GEDC Official Website www.unipgc.org/gedc

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Dennis Ekamah Isn’t Building Houses—He’s Redefining What Home Means for Africans Through PropTech

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Dennis Ekamah Isn’t Building Houses—He’s Redefining What Home Means for Africans Through PropTech.

 

The founder of coHouse.ng is reimagining how millions of Africans access, experience, and share housing through technology.

 

In Africa’s rapidly evolving innovation landscape, the most transformative companies are no longer defined by the industries they enter, but by the systems they redesign.

 

For Dennis Ekamah, the opportunity was never about constructing buildings, it was about confronting a deeper question.

 

why is access to housing still so structurally difficult for millions of Africans in a digital age?

 

Rather than stepping into real estate as a developer. Dennis chose a different path, positioning coHouse.ng as a PropTech platform rethinking how housing is accessed, experienced, and shared. At the heart of this vision which is connecting potential home owners together via resource pooling for the purpose of either Living or Growth. Simply, *Connect. Live. Grow.*

 

*A Platform Not a Property Company*

 

coHouse.ng is not a real estate company. It is a technology-driven ecosystem connecting like-minded individuals into structured communities where they can live intentionally, invest collectively, and grow within a shared system.

 

From Insight to Recognition

 

In 2025, coHouse.ng was recognised among the Top 50 Tech Startups in Africa. Even ahead of its official launch, the platform attracted over 1,000 early waitlist users, individuals eager to be part of a new way of living and investing.

 

Solving for Access, Alignment, and Trust

 

Dennis Ekamah’s diagnosis goes deeper than supply shortfalls. The real barriers he argues are access, coordination, and trust. coHouse.ng tackles all three through identity verification powered by a third party verification system api. coHouse is not flying solo without the help and collaboration with government bodies across Nigeria and other African countries.

 

In his words;

“Imagine what you would achieve as an individual or group if you’re living with the right people or like-minded individuals around you.”

 

I’m not a developer, I’m not a professional realtor, I’m just someone who sees the need for this solution based on the problem we face as youth/young entrepreneurs in today’s housing deficiency across Africa.

— Dennis Ekamah

 

Join our waitlist by visiting www.cohouse.ng

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Landmark Judgment: Federal High Court Dismisses ₦50bn Oil Spill Claim Against ExxonMobil

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Landmark Judgment: Federal High Court Dismisses ₦50bn Oil Spill Claim Against ExxonMobil

 

The Federal High Court sitting in Uyo has dismissed a ₦50 billion lawsuit filed against ExxonMobil, sued as Mobil Producing Nigeria Unlimited, now Seplat Energy Producing, in a ruling analysts say could significantly reshape oil spill litigation and compensation claims in Nigeria’s petroleum sector.

Delivering judgment on April 29, 2026, Justice Onyetenu held that the suit instituted by the Ejige Ore Njenyisi Muma & Fishing Co-operative Society Ltd was incompetent and liable to dismissal for lack of jurisdiction.

The plaintiffs had sought ₦50 billion in damages over an alleged hydrocarbon spill said to have occurred on September 12, 2021.

However, counsel to the defendant, Chinonso Ekuma of KENNA LP, successfully argued that the claimants failed to disclose any legally recognisable violation attributable to the oil firm.

In its findings, the court held that the plaintiffs failed to establish any actionable wrongdoing against the defendant.

A key element in the court’s decision was the Joint Investigation Visit (JIV) Report tendered by the plaintiffs themselves, which showed that the alleged spill incident was confined within ExxonMobil’s operational facility and did not impact the members of the cooperative society or their sources of livelihood.

The court further ruled that claims arising from such incidents must be pursued strictly under the statutory compensation framework provided in Section 11(5) of the Oil Pipelines Act, rather than through common-law claims founded on negligence or nuisance.

Justice Onyetenu held that the plaintiffs’ attempt to circumvent the statutory regime by framing the suit as a tort action rendered the matter incompetent before the court, thereby depriving it of jurisdiction.

Legal analysts say the judgment reinforces the supremacy of the Oil Pipelines Act in determining compensation procedures relating to oil pipeline incidents and environmental claims in Nigeria.

The ruling is also seen as strengthening the evidential weight of Joint Investigation Visit Reports, particularly in cases where such reports indicate no direct impact on claimants or host communities.

Industry observers believe the judgment will have far-reaching implications for future oil spill litigation, especially regarding the procedural requirements for compensation claims against oil operators.

The court’s decision further provides clarity for operators within Nigeria’s energy sector by reaffirming that compliance with Section 11(5) of the Oil Pipelines Act is mandatory and cannot be sidestepped through alternative legal formulations.

While K.O. Uzuokwu appeared for the plaintiffs, the defence was led by Chinonso Ekuma of KENNA LP on behalf of ExxonMobil.

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