Business
”The current administration is fighting Boko Haram with the weapons i acquired – Goodluck Jonathan
Former President Goodluck Jonathan, who is yet to say anything about the On-going probe of his National security adviser over $2.1bn arms procurement scandal has told those anticipating his part of the story that he would, at the “appropriate time”.
He further said the weapons the present administration is using to fight boko haram are the ones he acquired.
At a press conference in Geneva, Switzerland, on Wednesday, Mr. Jonathan emphasised the importance of education in fighting terrorism.
He later tweeted about his readiness to speak on the alleged arms funds mismanagement.
“My voice will certainly be heard at the appropriate time regarding the alleged arms funds mismanagement,” the former leader said.
“I would not want to interfere with the proceeding by the judicial system that my administration worked tirelessly to strengthen.
My post presidential focus is advancing democracy and good governance in Africa.”
Mr. Jonathan later added that the Buhari administration, which is investigating the scandal, is currently fighting Boko Haram with weapons his government purchased.
“G and collectively I am confident we will eradicate them,” he tweeted.
Earlier at the press conference, Mr. Jonathan said lower education levels are linked to poverty and poverty is one of the chief causative factors of crime whether it is terrorism or militancy or felonies.
According to him, there are obviously other dimensions to the issue of insecurity in Nigeria and particularly terrorism, the dearth of access to formal education over years created the ideal breeding ground for terror to thrive in parts of the country.
He added, “Education is one of those issues. If former African leaders can form themselves into an advisory group to gently impress on incumbent leaders the necessity of meeting the United Nations Educational, Scientific and Cultural Organization (UNESCO) recommended allocation of 26% of a nations annual budget on education, I am certain that Africa will make geometric progress in meeting her Millennium Development Goals and improving on every index of the Human Development Index.
“Data has shown that as spending on education increases, health and well being increases and incidences of maternal and infant mortality reduce.”
Mr. Jonathan explained that while in office he began the practice of giving education the highest sectoral allocation beginning with his first budget as President in 2011.
“My policy was to fight insecurity in the immediate term using counter insurgency strategies and the military and for the long term I fought it using education as a tool,” Mr. Jonathan said.
“As I have always believed, if we do not spend billions educating our youths today, we will spend it fighting insecurity tomorrow. And you do not have to spend on education just because of insecurity. It is also the prudent thing to do.
“Nigeria, or any African nation for that matter, can never becomewealthy by selling more minerals or raw materials such as oil. Our wealth as a nation is between the ears of our people.”
The former president said it was no coincidence that the Northeast epicenter of terrorism in Nigeria is also the region with the highest rate of illiteracy and the least developed part of Nigeria.
Explaining that in Nigeria though the federal government does not have a responsibility for primary and secondary education, he could not in good conscience stomach a situation where 52.4% of males in the Northeastern region of Nigeria have no formal Western education.
According to him, the figure is even worse when you take into account the states most affected by the insurgency.
He said, “83.3% of male population in Yobe state has no formal Western education. In Borno state it is 63.6%.
“Bearing this in mind is it a coincidence that the Boko Haram insurgency is strongest in these two states?
“So even though we did not have a responsibility for primary and secondary education going by the way the Nigerian federation works, I felt that where I had ability, I also had responsibility even if the constitution said it was not my responsibility.
“Knowing that terrorism thrives under such conditions my immediate goal was to increase the penetration of Western education in the region while at the same time making sure that the people of the region did not see it as a threat to their age old practices of itinerant Islamic education known as Almajiri.”
Mr. Jonathan noted that for the first time in Nigeria’s history, the federal government which he led set out to build 400 Almajiri schools with specialized curricula that combined Western and Islamic education.
He said 160 of them had been completed before I left office.
“I am also glad to state that when I emerged as President of Nigeria on May 6th 2010, there were nine states in the Northern part of the country that did not have universities,” he said.
“By the time I left office on the 29th of May 2015, there was no Nigerian state without at least one Federal University.”
The former president recounted that the fall of the Gaddafi regime in August 2011 led to a situation where sophisticated weapons fell into the hands of a number of non state actors with attendant increase in terrorism and instability in North and West Africa.
Mr. Jonathan explained that his administration initiated partnership across West Africa to contain such instability in nations such as Mali, which I personally visited in furtherance of peace.
He said, “And with those countries contiguous to Nigeria, especially nations around the Lake Chad Basin, we formed a coalition for the purpose of having a common front against terrorists through the revived Multinational Joint Task Force (MNJTF).
“Those efforts continue till today and have in large part helped decimate the capacity of Boko Haram.”
He also explained that his administration waged the anti-terror was with the effort to improve intelligence gathering capacity, lamenting however that this has not enough attention.
“Prior to my administration, Nigeria’s intelligence architecture was designed largely around regime protection, but through much sustained effort we were able to build capacity such that our intelligence agencies were able to trace and apprehend the masterminds behind such notorious terror incidences as the Christmas Day bombing of the St. Theresa Catholic Church in Madalla, Niger State.
“Other suspects were also traced and arrested including those behind the Nyanya and Kuje bombings.
“Not only did we apprehend suspects, but we tried and convicted some of them including the ring leader of the Madalla bombing cell, Kabir Sokoto, who is right now serving a prison sentence.”
The former president said he would use the newly Goodluck Jonathan Foundation to further democracy, good governance and wealth generation in Africa.
He said, “Of course, Charity begins at home and for the future, what Nigeria needs is to focus on making education a priority.
“Thankfully, the administration that succeeded mine in its first budget, appears to have seen wisdom in continuing the practice of giving education the highest sectoral allocation. This is commendable.
“I feel that what people in my position, statesmen and former leaders, ought to be doing is to help build consensus all over Africa, to ensure that certain issues should not be politicized.”
Business
Adron Homes Chairman Hosts NSE Ibeju-Lekki Executives, Explores Strategic Partnership
Adron Homes Chairman Hosts NSE Ibeju-Lekki Executives, Explores Strategic Partnership
The newly approved Ibeju-Lekki Branch of the Nigerian Society of Engineers (NSE), which recently emerged as the 91st branch of the Society, has paid a courtesy visit to the Chairman/CEO of Adron Homes and Properties Limited, Sir Aare Adetola Emmanuel King KOF, at the company’s headquarters.
The delegation of engineers, led by Engr. Olufemi Dare, FNSE, the Chairman of the Branch, described the visit as a strategic step towards strengthening relationships with corporate organizations that have consistently upheld professionalism and structural integrity in their projects.
In his remarks, Engr. Dare praised Adron Homes for its exceptional commitment to quality housing delivery across Nigeria and beyond, emphasizing that its reputation for structural integrity and innovation in real estate development stands as a reference point for engineering excellence. He further informed the Adron Chairman that the branch would be conferring an award of recognition on him at their forthcoming official inauguration ceremony, in acknowledgment of his outstanding contributions to housing development and infrastructural growth in Nigeria.
The discussions also explored potential partnership opportunities between NSE Ibeju-Lekki and Adron Homes in engineering, professional development, and sustainable housing innovations.
Responding, the Chairman of Adron Homes, Sir Aare Adetola Emmanuel King, warmly welcomed the delegation and expressed delight at the prospect of a lasting partnership. He acknowledged the critical role engineers play in national development, while also noting the numerous challenges facing the engineering sector in Nigeria. He stressed that these challenges can only be surmounted by engaging qualified and dedicated professionals, a principle upon which Adron Homes has built its reputation.
According to him, “Engineering is the backbone of any meaningful infrastructural advancement, and as developers, we cannot afford to compromise on professionalism. This is why I am excited about this partnership and look forward to building a mutually beneficial relationship with the NSE Ibeju-Lekki branch.”
The NSE Ibeju-lekki delegation included Engr. Tiramisu Bello, MNSE (Vice Chairman); Engr. Omolola Adetola, FNSE (General Secretary); Engr. Taiwo Musa, MNSE (Assistant General Secretary); Engr. Ayodele Agunloye, MNSE (Financial Secretary); Engr. Opeyemi Olabisi, MNSE (Technical Secretary); Engr. Oluwadare Raji, MNSE, among several others.
On the part of Adron Homes, the Chairman was joined by key members of the executive team, including Adenike Ajobo, Managing Director; Tolani Roberts, Deputy Managing Director, Business Investment and Development; Mr. Kunle Ifeanyi Konwea, Director of Brand and Communications; Maureen Echefu, Chief Press Secretary, among others.
The visit not only highlighted Adron Homes’ enduring commitment to professional engineering standards, but also set the tone for a new chapter of collaboration between the real estate giant and the newly inaugurated NSE Ibeju-Lekki Branch, with both parties pledging to drive innovations that will redefine housing and infrastructural development in Nigeria.
Business
NNPCL and Corruption’s Final Throes
NNPCL and Corruption’s Final Throes
By Pius Olasanmi
In the twilight of the Obasanjo administration, when Nigerians were still capable of being outraged, when Turn Around Maintenance (TAM) of refineries was a buzzword that still held some mysticism to bamboozle citizens, during a conversation, a certain man said something profound. The man said, “As a businessman, if I were the owner of these refineries, knowing that they are three decades old, I would take the last money I have, hire bulldozers, raze them to the ground, and obtain loans to build new ones.”
When we pressed him further on why he would engage in such waste, he explained that repairing the refineries is the real waste. He explained that even if the TAM were honestly carried out, a thirty-year-old refinery would never compete favourably with a new one that would integrate contemporary technology. Operating at its best, such a refinery would never be comparatively more efficient. It is therefore pointless to have spent another one naira on the refineries at that point.
A few months later, I had a conversation with a then-lawmaker on an entirely different matter. I mentioned that the National Assembly has failed by not crafting legislation that would criminalise and punish public office holders who foist wrong decisions on the country. The logic: a public office holder need not steal to be punished, wrong decisions should attract penalties for an office holder who opts for the worst of all options when there are less injurious ones.
These established premises speak to the ongoing nauseating efforts at revisionism by those who wrecked the Nigerian National Petroleum Company Limited (NNPCL) and its previous iteration, the Nigerian National Petroleum Corporation (NNPC). Notably, this campaign to rewrite history is traceable to Engineer Mele Kolo Kyari, the disgraced immediate past Chief Executive Officer of NNPCL and his hirelings. They have suffocated the news and the public opinion space with even more lies than they spun while in office.
The Saint Kyari campaign is anchored on convincing Nigerians that the Port Harcourt, Warri and Kaduna Refineries were fully functional when he was booted out of office. So brazen is the campaign that one of its talking heads challenged the group chief executive officer (GCEO), Engr. Bayo Ojulari, to “inform Nigerians categorically what happened to the functioning refineries he inherited from his predecessor, Engr. Mele Kyari.” The effrontery.
We have not forgotten so soon the charade that followed the baffling claim that Nigeria has spent $2.8 billion on the repair of the refineries, while they are not churning out even a single litre of refined product among them. Saint Kyari and his goons played all manner of tricks, all of which embarrassed President Bola Tinubu, who had counted on ticking off the return to productivity of the refineries as part of his achievements, only to realise that he was deceived into celebrating phantoms. Tragic.
Lest we forget, 200 trucks were arranged as props in a well-directed video clip to celebrate the re-streaming of the Port Harcourt Refinery. The disappointment. Nigerians were to learn from several reports that the Port Harcourt refinery was not producing and was instead using old, stored petroleum products to load trucks. Worse still, the Kyari crew was passing off sanction-tainted Russian-sourced crude oil refined in Malta as locally refined products. More insult was piled on the assault on our collective sensibility with the lies that the Port Harcourt Refinery exported semi-finished products. Brazen.
Meanwhile, Kyari and his hirelings called those who pointed out or protested these glaring scams all manner of names. They hid behind industry technicalities and jargon to create the impression that those of us who knew Nigerians were being robbed did not understand what we were saying. The point remains that a $2.8 billion investment can potentially build a refinery with a capacity of around 100,000 barrels per day (bpd). Of course, the actual capacity of such a refinery will depend on various factors, including the complexity of the refinery, the technology used, and the location. That is the amount that Kyari’s regime at the NNPCL took and did not give Nigerians refined products.
Fast forward to Kyari’s sack and the appointment of Engineer Bayo Ojulari, who has demonstrated that things can indeed be done differently. Kyari’s exit was expectedly followed by the Economic and Financial Crimes Commission (EFCC) going after him and his associates. The extent of the theft is better understood against the backdrop of N80 billion being found in the bank account of one of his associates. They went on the run.
Perhaps because the EFCC was biding its time on securing international warrants for the arrests of these characters on the lam, they have become emboldened. They have decided to fight back and rewrite the story of their participation in the greatest fraud against Nigerians. Engineer Ojulari’s renewed mindset, which is entrenching a semblance of the transparency Nigerians demand, became their natural target. The demons that once roamed around the corporation came out with malevolence. They started spinning stories of corruption to tarnish the incumbent who refused to hide their crimes. The objective: bring Ojulari down. But alas, he is winning the war as it stands.
His innocence is proven, and it is glaring that those who want him out are mere charlatans who can no longer ply their corrupt wares because of the impact of the new reforms. Corruption in the NNPCL is in its final throes. The fake news being unleashed against the incumbent leadership is akin to corruption’s last kicks as reforms in the sector strangulate it and its practitioners. The reforms must take place in the NNPCL, whether the industry demons like it or not.
As a parting shot, Kyari and his associates would do well to prepare their defence. In addition to accounting for the $2.8 billion they laundered in the name of repairing the moribund refineries, they must also answer for the poor decision to fix that which is irretrievably broken. Awarding contracts for Turn Around Maintenance of 59-year-old refineries that a right-thinking person had suggested should be demolished almost twenty years ago, when they were only 30 years old, is criminal. Trying to deceive Nigerians that the fake repairs worked is treason.
Olasanmi is a public affairs analyst writing from Lagos.
Business
GRANDIS 5STAR LUXURY APARTMENT & SUITES SET TO REDEFINE LIVING IN VICTORIA ISLAND
GRANDIS 5STAR LUXURY APARTMENT & SUITES SET TO REDEFINE LIVING IN VICTORIA ISLAND
Set to Rise elegantly against the Lagos skyline, is the Grandis 5Star Luxury Apartment & Suites. According to Adejuwon Ademola, The General Manager of the Development company, it is more than just a residential building
“it’s a lifestyle statement. Standing 17 floors high in the heart of Victoria Island, this revolutionary masterpiece of modern architecture will offer a panoramic 360° view of Eko Atlantic, Victoria Island, and Ikoyi, transforming every apartment into an exclusive penthouse experience for the world’s most discerning elite.”

Developed by Dumarco Construction Limited, a globally acclaimed company with decades of delivering complex, high-value projects in the highly regulated petroleum, oil, and gas industries, Grandis 5Star brings unmatched international safety standards, uncompromising quality, and timeless elegance into Nigeria’s luxury property market.
> “When you live in Grandis, you’re not just buying a home—you’re investing in peace of mind, world-class safety, and an effortless luxury experience that will remain pristine for decades,” says Adejuwon A. Ademola, General Manager of Dumarco Construction Limited.
The Gold Standard in Safety and Quality
Dumarco’s roots in the oil and gas sector mean the company operates to some of the strictest safety protocols in the world. Every stage—from conceptualization, design, construction, to long-term maintenance—follows internationally accepted procedures and quality assurance measures. Cutting corners is simply not in Dumarco’s vocabulary.
> “In the oil and gas industry, there’s no room for compromise. We’ve brought that same discipline and zero-tolerance for mediocrity into property development,” says Ademola. “That’s why Grandis will be one of the safest and most enduring residential developments in Nigeria.”
To ensure transparency and prevent (project complacency), Dumarco deliberately separates the developer, contractor, and consultant roles, engaging only the most competent professionals in each respective field. Dumarco’s project team includes globally recognized contractors such as Julius Berger, Cappa & D’Alberto, and Elalan, Migliore Construczione & Tecniche (MC&T) and their partners VENCO IMTIAZ CONTRACTING COMPANY (VICC) based in Dubai, UAE, Business Contracting Limited, alongside leading consultants like Morgan Omanitan & Abe, LAMBERT, and James Cubitt.
Grandis – Investments, appreciation, returns and profitability
Our selection process for the location of the project alone was pains-taking and completely thorough scientific process. Top professional companies were employed to conduct a scientific data acquisition and analytical survey of the entire Victoria Island, Ikoyi, Lekki and Eko Atlantic before a project site is selected. Analyzing and acquiring areas developmental charts and trends, studying and gathering historical and present sale prices, rental charge and occupancy rates over a 50 year period from every individual street before the selection of the location of any of our developments especially true for the Grandis Project
He adds,
“Our clients and residents can be rest assured that the location of Grandis has been scientifically proven through all existing data to provide our clients with a 100% occupancy rate, highest developmental location, highest rental income and investment returns. ”
The Grandis Experience
Located minutes away from international corporate headquarters, embassies, and landmarks such as Eko Hotel, Radisson Blu, and the Radisson Red, Grandis offers unmatched convenience for professionals, diplomats, and high-net-worth individuals. Every residence is designed for both indulgence and efficiency, with high-grade finishes, smart-home systems, and private amenities that ensure seamless living.
From sunrise over the Atlantic to the glittering Lagos night skyline, residents will enjoy uninterrupted luxury, supported by discreet and highly trained staff, advanced security systems, and a design that prioritizes comfort and privacy.
> “We designed Grandis for people who want everything—security, elegance, convenience, and the assurance that their home will look as spectacular in 20 years as it does on day one,” Ademola notes.
A Legacy That Lasts
With its combination of visionary architecture, peerless safety, and meticulous maintenance planning, Grandis is built to remain iconic for generations. Thanks to Dumarco’s meticulous approach, the building’s service charges are expected to remain low while its value and appeal continue to appreciate over time.
In a market often marred by shortcuts and substandard practices, Mr Ademola says
Grandis stands as a beacon of what luxury living should be—safe, spectacular, and built to last.
“Grandis 5Star Luxury Apartment & Suites — Where safety meets sophistication, and every detail is designed for a life well-lived.”
He added
Website -www.dumarcoltd.com
Project website – www.26idowutaylor.com
Email [email protected]
Tel / WhatsApp +234 9077777883
GM – Adejuwon A. Ademola
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