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Philips Consulting CEO’s Report exposes real estate industry’s worst fears

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About 84 per cent of chief executive officers in Nigeria have agreed that the real estate industry in Nigeria is plagued due to the pandemic, especially, companies in the business of office rentals. This revelation is contained in the recently published CEO Report, a Philips Consulting initiative for 100 Nigerian business leaders.

The pcl. CEO Report further stated that 83percent and 55 percent of CEOs have adopted a ‘Work From Home Strategy’ and ‘Standby Model Strategy’ respectively, and are beginning to question the need for large office spaces.

“Only 46 per cent CEOs are considering retaining their current offices, while others will seek smaller and cheaper offices, shared offices, or adopt an entirely virtual working model,” added the Report.

 In commercial cities like Lagos where massive high-rise office complexes are commonplace, real estate players must be ready for a shift in demand. They might be forced to repurpose their buildings or provide new services to suit the new mode of work, the Report recommended.

The pcl. survey that recently engaged 100 Nigeria business leaders on the current economic landscape and presented the insights in its “CEO Report” said, “One word that best describes today’s business environment is “uncertain”. The ‘new normal’ occasioned by the effects of the Coronavirus pandemic is gradually fading away and being replaced by what is termed the ‘next normal’.

Amidst the frenzy of realigning strategies to better position businesses for recovery after the pandemic, the Philips Consulting’s CEO, Rob Taiwo mentioned that “We have been hit with the harsh reality that the Coronavirus might be here to stay. There is no going back to normal; instead, we have a next normal that is unpredictable.”

He said, the conversation to be had now is how to prepare for a future full of unknowns. 

Speaking on which industries benefit from the crisis, Taiwo, a transformational leader said, “Globally, the IT sector experienced a surge in the wake of the pandemic, as a result of the shift to remote working. This resulted in a heavy reliance (or dependence) on IT products for both personal and business purposes. 

Nigeria is no exception, he stated, “From our survey, 86 per cent of CEOs reported that the pandemic led to them improving the IT infrastructure of their organizations. Our respondents predict that Nigeria’s healthcare, agribusiness, and manufacturing industries stand to benefit from the next normal.”

“They expect the professional services industry to experience comparatively minimal disruption. This is primarily due to their vast array of services, relatively low operational expense, lean and agile business model, and legacy clients.”

On the levels of preparedness for the pandemic, the Report said, only 6 per cent of CEOs reported that their organizations were prepared for the pandemic. Hence, it comes as no surprise that 55 per cent of Nigerian businesses are currently operating below 50 per cent of their operating capacity.

The 6 per cent mentioned above stated a strong leadership team as the most critical factor of their preparedness. Other important factors include having a robust business continuity plan, government support, and a well-articulated business strategy.

On forging ahead into the next normal,  the CEOs Report revealed that 57 per cent of CEOs expect that the earliest possible time for the business environment in Nigeria to normalize will be August 2021.

CEOs are increasingly taking responsibility for their companies, and are not necessarily looking up to the government for solutions to the problems occasioned by the pandemic. As against the 79 per cent of CEOs that voted in the 2019 general elections, only 67 per cent of CEOs reported that the pandemic would make them more interested in the outcome of the 2023 election.

Taiwo said, “Results from our survey showed that the Nigerian government and business leaders should pay close attention to the post-COVID19 policies and strategies of the United Kingdom, China, and the United States of America as these will have the most profound impact on the Nigerian business environment.

“At pcl., we are committed to working with our clients and partners to build and develop people’s capabilities, technology systems and processes, effective and robust strategies, and business continuity plans. Let us work with you to future proof your business in the next normal.”

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FAKE OUTRAGE: Viral “Trump Post” on Tinubu Debunked

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FACT CHECK: Viral “Trump Post” Blasting Tinubu Over Maiduguri Bombings is Fake

 

 

LAGOS — A viral image circulating on social media, purportedly showing a post by former U.S. President Donald Trump criticizing Nigeria’s President Bola Ahmed Tinubu, has been confirmed as false and digitally manipulated.

 

 

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

 

The image, which appeared online late Monday, March 16, 2026, claimed to be a post from Trump’s Truth Social account reacting to a deadly wave of bombings in Maiduguri. While the attacks themselves are real, the alleged international rebuke is entirely fabricated.

 

 

 

 

Hoax Exposed

 

The fake post alleged that Trump described Nigeria’s situation as a “TOTAL DISASTER” and criticized Tinubu for being on a “State Visit” to the United Kingdom during a supposed “STATE OF NATIONAL EMERGENCY.”

 

 

 

However, multiple inconsistencies quickly exposed the claim:

 

 

 

Timeline Discrepancy: The post referenced events occurring while Tinubu was already abroad. In reality, the President only departed Abuja for London on Tuesday, March 17—hours after the image began trending.

 

 

 

Design Errors: Analysts identified a suspicious “whitehouse.gov” button embedded in the image—an element not present on the Truth Social platform.

 

 

 

No Verifiable Source: A thorough review of Trump’s official social media accounts and global media reports shows no record of such a statement.

 

 

 

 

Tinubu’s UK Visit Continues

 

Despite the security situation at home, the Presidency has confirmed that Tinubu’s scheduled state visit to the United Kingdom will proceed.

 

 

The Nigerian leader is expected to be received by King Charles III at Windsor Castle on Wednesday, March 18. The visit marks a notable diplomatic engagement between Nigeria and the UK.

 

 

The widely shared “Trump post” is a deliberate misinformation attempt, exploiting a real national tragedy to spread false political narratives. Authorities and media observers continue to urge the public to verify information before sharing.

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TO MY BROTHER BOBBY DEE

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AHMAD GUMI: CLERIC OF BLOOD, FACE OF HATE 

TO MY BROTHER BOBBY DEE by Chief Femi Fani-Kayode 

 

 

For my brother Bobby Dee (Chief Dele Momodu) to compare President Tinubu to General Sani Abacha and claim that he is a dictator suggests that he is suffering from a degenerating and worrisome level of cognitive dissonance.

 

 

I love Dele and God knows I have immense respect for him but he sounded drained, tired and broken and spoke little sense yesterday in his interview with Seun Okinbaloye of Channels TV.

 

 

May I humbly suggest to him to try and take a break from politics and political commentary for a while, get his breath back and attempt to overhaul his intellectual engine?

 

 

 

Not only was he uncharitable and disrespectful to the President, the Vice President, the Ministers, the Senators and the newly-appointed Ambassadors, many of whom have far more experience than him in governance and Government, on that programme but he also insulted the collective intelligence of the Nigerian people.

 

 

He and his associates in the ADC should focus more on trying to build up their depleted ranks and form a strong opposition that we can look forward to engaging in the field of battle for the 2027 election rather than continously obsesse and talk about what our President and our party is doing.

 

 

 

The ADC cannot even be described as a sinking ship but rather as a badly patched up inflatable plastic life boat that has not even managed to find its bearing or leave the harbour.

 

 

 

It has no engine, no sails, no oars, no captain, no crew, no navigational equipment, no muscle, no firepower, no war chest, no destination and worse of all it is made of rubber and not steel.

 

 

How can such an ill-prepared contraption even float let alone do battle?

 

 

It cannot possibly survive the rough seas and harsh winds of Nigerian politics because it lacks gravitas, focus, character, intelligence, discipline and strength.

 

 

 

 

 

It needs to be built up, better schooled, better trained, better equipped, better educated and better prepared before it can enter the field and before we can even begin to regard it as an opposition party.

 

 

 

Right now it can only be described as a haven and pitiful gathering of vacuous, shallow, intellectual frauds and political renegades who lack foresight and who have no direction.

 

 

 

The fact that they have failed to take off is not Tinubu’s fault, it is theirs.

 

 

 

The fact that political leaders and the Nigerian people are flocking to APC in droves is not only because our President and Vice President are doing well but also because they view the ADC as nothing but a collection of disingenious, desperate and recycled political losers, who are addicted to power, who offer no credible alternative to governance and who, like the three blind mice, are running around in circles, chasing each other’s long, mangy and wrinkled tails with no where to go.

 

 

Watching my brother Dele trying to speak for them is pitiful and is even more disconcerting than his assertion that Tinubu will regret his decisions and will be deserted by everyone around him.

 

 

The Bible says “who is he that sayeth a thing and it cometh to pass when the Lord God of Hosts has commanded it not?”

 

 

Dele should listen to the Holy Spirit instead of to the pagan murmurings, strange whispers, demonic divinations and conjuring projections of the Prophets of Baal and the Witch of Endor.

 

 

 

To be sure Tinubu started well, he is doing well and he will, by the grace of God, end well with no regrets in 2031.

 

 

Anything short of that is the counsel of the ungodly and the manifestation and delusions of a diseased and demonised mind.

 

 

I appeal to my brother Dele: leave the ranks of the forces of darkness and join us.

 

 

You are far too good for the company you are keep.

 

 

Your presence in the ranks of the ADC is like that of a gentle, beautiful, well bred, well fed and well manicured flamingo trapped in a sea of ugly, cruel, loud, angry, starving, cackling and relentless crows and vultures.

 

 

It does not befit you.

 

 

 

 

(Chief Femi Fani-Kayode, the author of this essay) is an Ambassador Designate of the Federal Republic of Nigeria, a former Minister of Aviation, a former Minister of Culture and Tourism, the Sadaukin Shinkafi, the Wakilin Doka Potiskum, the Otunba of Joga Orile, the Aare Ajagunle of Otun Ekiti and a Legal Practioner)

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Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy

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Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy By George Omagbemi Sylvester

Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy

By George Omagbemi Sylvester

 

“Apology from Tiwa Savage’s Team Sparks Debate on Media Treatment, Professional Ethics, and the Role of Journalists in Promoting Cultural and Philanthropic Initiatives.”

 

Nigerian music icon Tiwa Savage and her management team have issued a formal apology to journalists following allegations of mistreatment during the launch of the Tiwa Savage Music Foundation in Lagos. The controversy, which quickly sparked debate across the media landscape, has raised broader questions about celebrity culture, media ethics, and the professional respect owed to journalists covering high-profile events.

The apology was conveyed through Savage’s manager, Vanessa Amadi-Ogbonna, alongside representatives of the public relations firm Fola PR and management of The Delborough Lagos, the venue where the event took place. According to reports, the foundation launch was held on March 9, 2026, at Victoria Island in Lagos, Nigeria’s commercial capital.

Several journalists invited to cover the event complained that they were delayed for hours at the entrance of the venue, asked to wait under uncomfortable conditions, and allegedly instructed to wear branded polo shirts before being allowed entry. Many media professionals described the treatment as humiliating and disrespectful to the role of the press in promoting public events.

Following public criticism, representatives of Savage’s team clarified that the singer neither authorised nor condoned the alleged treatment. They expressed regret over the incident and promised improved coordination with journalists in future engagements.

The controversy has reignited conversations about the delicate relationship between celebrities and the media. Scholars in media and communication studies argue that the press plays a vital role in shaping public narratives and promoting cultural activities, including entertainment and philanthropy.

Renowned media scholar Denis McQuail once observed that “the media serve as the central arena where social and cultural life is debated, interpreted, and understood.” In this context, journalists covering events such as the launch of a charitable foundation are not merely observers but important partners in amplifying the message and purpose of such initiatives.

Similarly, Nigerian communication scholar Ralph Akinfeleye has repeatedly emphasised the importance of professional respect for journalists. According to him, “the media are not beggars of access; they are stakeholders in the democratic and cultural process.” His argument highlights the fact that journalists provide visibility and legitimacy to events, especially those tied to public figures and philanthropic causes.

 

Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy
By George Omagbemi Sylvester

The Tiwa Savage Music Foundation was launched with the stated aim of empowering young talents in the music industry through mentorship, education, and professional opportunities. Many observers believe the initiative could play a significant role in nurturing emerging artists across Nigeria and the African continent.

However, communication experts stress that the success of such initiatives often depends on strong relationships with the media. American communication scholar Marshall McLuhan famously noted that “the medium is the message,” suggesting that the way information is delivered can influence how the public perceives the message itself.

In the case of the foundation launch, critics argue that the controversy surrounding the treatment of journalists briefly overshadowed the noble objectives of the project. Instead of focusing on the foundation’s mission, public discourse shifted toward questions of respect, professionalism, and media relations.

Public relations specialists also view the episode as a lesson in event management and stakeholder engagement. Effective public relations practice requires careful coordination between organisers, venue managers, and media representatives to ensure that invited journalists are treated with dignity and professionalism.

Despite the controversy, many journalists welcomed the apology and expressed hope that it would strengthen future collaboration between the entertainment industry and the press. In Nigeria’s vibrant media ecosystem, such partnerships remain essential for promoting cultural initiatives and amplifying stories that inspire the next generation of creatives.

Ultimately, the incident surrounding the Tiwa Savage Music Foundation launch serves as a reminder that respect for the media is not merely a matter of courtesy but a cornerstone of responsible public engagement. As scholars and industry observers continue to emphasise, the relationship between celebrities and journalists must be built on mutual respect, professionalism, and shared commitment to informing and inspiring the public.

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