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REVEALED!!! How Chief of Army staff, Gen. Tukur Buratai, his two wives allegedly acquired Multi-million naira Dubai property fraudulently

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Nigeria’s Chief of Army Staff (COAS), General Tukur Buratai, and his two wives are joint owners of a Dubai property that was paid for in one transaction. Investigations by SaharaReporters indicated that the money for the purchase of the property may have come from a vehicle contract scam while Mr. Buratai was the Director of Procurement at the Army HQ. Our correspondents discovered that the Nigerian Army had awarded an apparently bogus contract for the supply of vehicles and motorcycles for the use of troops involved in an anti-terrorism offensive in Nigeria’s beleaguered northeastern zone.

The allegation that General Buratai might have pilfered funds meant for the purchase of military vehicles has sparked outrage among soldiers and officers, especially those from the northeast part of the country. Two military sources disclosed that irate officers had petitioned President Muhammadu Buhari, urging him to order an investigation into the contract scam.

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In the petition, exclusively obtained by us, the aggrieved soldiers and officers, under the umbrella of Concerned Soldiers and Officers From the North East, accused the COAS of executing the contract through a proxy of his. According to the petitioners, the proxy’s name is Usman Gamawa, founder of Baggash Investment Limited.

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The petition stated that, rather than supply new vehicles as the contract demanded, Mr. Baggash purchased second-hand vehicles and motorcycles from Niger Republic. On arrival in Nigeria, the vehicles were then refurbished at Mogadishu Cantonment under the supervision of Staff Sergeant Dadan Garba. SaharaReporters learned that some of the vehicles and motorcycles had since broken down.

“If President Buhari can give service chiefs enough money to buy equipment, why are they buying old ones?” asked the petitioners, who added that General Buratai was exposing troops to grave danger and undermining the war against Boko Haram terrorists.

The disaffected soldiers and officers alleged that the property the COAS and his wives acquired in Dubai was bought from a company, SIGMA 111 Limited. They attached a document showing the purchase agreement. According to the document, General Buratai and his wives had, on January 13, 2013, reached an agreement with the seller for the purchase of the property, Proj

ect TFG Marina Hotel, Unit 2711. The asking price was AED 1,542,000.00 (or $419,826.06 or N120m). They alleged that General Buratai paid a total sum of AED 1,498, 534.00 (N115.6m) because the sellers gave concessions of AED 43,466, made up of “incentives, promotions, and early payment bonus.”

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The agreement indicating full payment for the house and the handing over of ownership to the Buratais was signed on January 13, 2014. The document identified the COAS as “Mr. Tukur Yusuf Buratai, holder of passport No. A04250623.” The general’s wives were identified as Mrs. Aishatu Tukur Buratai, holder of passport No. A03400260, and Mrs. Umar Kalsum Tukur Buratai, holder of passport No. A03239920.

The petitioners further claimed that, since his appointment as COAS last July, General Buratai had been making numerous hefty deposits in his various bank accounts. For example, his Skye Bank account (1770380452) received a deposit of N10 million on July 24, 2015. On August 7, 2015, another N10 million was paid into the same account. Three days later, the account was credited with yet another sum of N10 million. On August 11 and 17,  N4 million and N3, 270,000 were credited to the account respectively.

Us contacted the owner of the phone number on the Skye Bank Lodgement Voucher which was found to belong to a Major Adegbola, according to TrueCaller. Mr. Adegbola confirmed to our correspondent that he was “Major Adegbola” by saying “correct” but denied knowing Mr. Buratai and later said that his name was actually Joshua. Sources speaking to SaharaReporter said that the number on the voucher was of Mr. Buratai’s middleman.
Contacted by our correspondent, an aide of General Buratai admitted that the general owned a house in Dubai, but denied the allegation that the COAS and his wives had purchased a home in Dubai by making a single payment. “Please know that the allegation on the Chief of Army Staff and members of his family owning a property in Dubai is an old one. It is a fact that the family bought such property through personal savings and [it] was paid for instalmentally since 2013. It may interest you to know that this petition is not new because there was [a] similar allegation in March this year, [but] it could not see the light of the day because there was no substance in it,” said the source.

General Buratai’s spokesman added that some human rights organizations and well-meaning individuals confirmed that information about his property in Dubai was in the general’s assets declaration form. “The mentioned assets were always declared in his asset declaration forms as Commander MNJTF and the most recent one was when he was appointed  Chief of Army Staff in July 2015,” the aide stated.

He added: “As regards to the contractor, the Chief of Army Staff has nothing to do with it. But when it came to his knowledge, he instituted a commission of inquiry, which investigated it and made far-reaching recommendations which were being implemented.” He said the inquiry found out that the vehicles were not refurbished.

Culled from saharareporters

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NIHOTOUR Calls on Hospitality, Tourism, Travel, Allied Sector Professionals for Mandated Registration

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NIHOTOUR Calls on Hospitality, Tourism, Travel, Allied Sector Professionals for Mandated Registration

NIHOTOUR Calls on Hospitality, Tourism, Travel, Allied Sector Professionals for Mandated Registration

 

The National Institute for Hospitality and Tourism (NIHOTOUR), the regulatory and standardization authority in the sector, has invited professionals in the hospitality, tourism,travel and allied sectors to register as mandated by the National Institute for Hospitality and Tourism (Establishment) Act 2022.

A statement signed by Aare (Dr.) Abisoye Fagade, FIMC, Director-General/CEO
The National Institute for Hospitality and Tourism reads:

“Enjoy FREE registration from December 1, 2024, to January 15, 2025! This is your chance to register as a professional or practitioner at no cost.

“Don’t miss this opportunity to solidify your presence in Nigeria’s thriving tourism industry. Visit www.nihotour.gov.ng now!

“Hurry—free registration closes on January 15, 2025. Take the first step toward advancing your career in tourism today!”

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EGC Homes Unveils Goodness and Mercy Estate, Brand Ambassador

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EGC Homes Unveils Goodness and Mercy Estate, Brand Ambassador

 

EGC Homes, a notable player in the real estate and property development sector, has made waves in the Nigerian market with its recent announcement of the launch of Goodness and Mercy Estate in Ogun, alongside other strategic initiatives.

The company emphasized its commitment to collaborating with the government to alleviate the housing deficit in Nigeria while prioritizing the well-being of residents.

In an interview with THECONSCIENCE NG, Oladapo Jimoh, the Managing Director of EGC Homes and Properties, expressed the brand’s long-term vision to bridge the housing gap and simplify the journey to homeownership.

He stated, “Current data estimates Nigeria’s housing deficit to be around 28 million units by 2024. This figure is among the largest globally and poses significant challenges, contributing to homelessness and various social issues.”

“National statistics indicate that our country faces a pressing need for approximately 700,000 new homes each year to address this deficit. As urbanization continues, these challenges are particularly evident in major cities, where affordable housing becomes increasingly scarce, forcing many into slums and informal settlements.”

The World Bank projects that Nigeria’s urban population could exceed 200 million by 2050, highlighting a potential social crisis as the lack of affordable housing leads to the rise of slums, especially in urban areas.

“As a forward-thinking and solutions-oriented company, we are dedicated to addressing these critical housing issues in partnership with the government.”

Following its successful launch in Lagos, EGC Homes has rapidly expanded its operations, acquiring a significant land bank across the southwestern region of Nigeria and enhancing its marketing strategies to effectively connect with customers.

The firm is committed to providing Nigerians with exceptional value, peace of mind, and simplifying the processes of land acquisition and homeownership.

“Our mission is to make life easier for Nigerians while assisting the government in tackling the housing deficit.”

Recently, the company introduced its premier property, the Goodness and Mercy Estate, located in Arepo and Sagamu Interchange in Ogun State, with more projects on the horizon. Its flexible payment plans and affordable property prices aim to cater to a wide audience.

Additionally, EGC Homes has appointed Titilayo Adebayo-Omotosho as its social media brand ambassador to promote the unique offerings of EGC Homes and Properties Limited to Nigerians both at home and abroad.

In her remarks, she highlighted her commitment to the vision of EGC Homes, stating, “I believe every Nigerian deserves a decent roof over their head. This aligns perfectly with the mission of EGC Homes and Properties, which is why I chose to represent the brand, promoting its exceptional estates and home packages to Nigerians and those aspiring to own homes here.”

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Optiva Capital Partners and Loft & Keys LCC Forge Strategic Partnership to Drive $500m Investments in Nigeria

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L-R Dr. Jane Kimemia, CEO, Optiva Capital Partners and Chief Austin Ugochukwu Albert, Chairman, Loft & Keys LLC during the partnership agreement signing between Optiva Capital partners and Loft & keys LLC at Optiva's headquarters in Lagos

Optiva Capital Partners and Loft & Keys LCC Forge Strategic Partnership to Drive $500m Investments in Nigeria

 

Optiva Capital Partners, Africa’s leading wealth management and retention company, has announced a groundbreaking partnership with Loft & Keys LLC, a renowned real estate and investment company with dominant presence in Nigeria and the Middle East.

 

The ceremony which took place over the weekend at Optiva Capital’s Corporate Headquarters, aims to boost investment in Nigeria’s hospitality and healthcare sectors on the one hand, as well as provide Nigerian investors with opportunities to invest in real estate in the UAE, particularly in Dubai.
Speaking at the signing ceremony, Dr. Jane Kimemia, CEO, Optiva Capital Partners, emphasized the transformative potential of this partnership, “With Loft & Keys’ deep understanding of the Nigerian market and established networks in the Middle East, we are poised to bring $500 million in investments into Nigeria’s hospitality and healthcare industries. These funds will be strategically spread across Lagos, Abuja (FCT), Delta, and Enugu.”

 

The investment in hospitality will serve as a catalyst for economic growth in Nigeria. Beyond creating employment opportunities, it will spur infrastructure development, enhance regional tourism appeal, and foster business ecosystems in Lagos, the Federal Capital Territory, Enugu, and Delta. Similarly, the healthcare focus will address critical gaps in medical infrastructure, improve access to quality care, and promote health innovation—key pillars for national development.

 

The partnership According to Dr Kimemia also extends to Nigerian investors seeking opportunities in the UAE. With Loft & Keys’ expertise and extensive networks in Dubai and other Middle Eastern hubs, the collaboration will unlock access to one of the world’s most dynamic real estate markets.
Speaking about the partnership, Chief Austin Ugochukwu Albert, Chairman, Loft & Keys LLC, said “Optiva Capital Partners stands as Africa’s leading wealth retention company, a position that is firmly established and without question. This partnership with Loft & Keys will further solidify their dominance and create even greater opportunities for growth. As Dr. Jane Kimemia has rightly emphasized, Loft & Keys, with our extensive expertise in the Middle East, is a trusted and experienced partner”. We have a strong presence in the UAE and are actively expanding into Saudi Arabia and Qatar in the near future. Together with Optiva Capital Partners, we are committed to capturing significant market opportunities in these regions. I am confident that this partnership will foster substantial growth that will be mutually rewarding for both parties.

 

Dubai, a city widely known for its opulence and rapid development, is reportedly operating at only 30% of its projected capacity, presenting a significant growth opportunity for investors. According to industry experts, this untapped potential creates a unique window for investors to capitalize on the city’s future expansion and development.
The partnership aligns with the United Nations Sustainable Development Goal 17 as two formidable brands, Optiva Capital Partners and Loft & Keys are committed to leveraging their collective strengths to drive impactful investments that benefit clients and communities alike.

 

L-R Dr. Jane Kimemia, CEO, Optiva Capital Partners and Chief Austin Ugochukwu Albert, Chairman, Loft & Keys LLC during the partnership agreement signing between Optiva Capital partners and Loft & keys LLC at Optiva's headquarters in Lagos
About Optiva Capital Partners
Optiva Capital Partners is a premier wealth management and retention firm offering bespoke solutions in four areas of specialization – investment immigration, investment advisory, insurance, and international real estate.
About Loft & Keys LLC
Loft & Keys is an internationally recognized real estate and investment company with a robust presence in Nigeria and the UAE. The firm is dedicated to connecting investors with high-value opportunities in dynamic markets.

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