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Arisekola’s Son, Idris Steps Into Dad’s Shoes

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Arisekola Alao’s fifth child, Idris Alao is taking over the baton where his late father left it.

Idris may not be as rich as his billionaire father, he is far from it! But the young Alao has been doing his beat to uphold the family name and bring back the memories of the late businessman.

Idris, nicknamed ‘young Alhaji’ is a carbon copy of his late father, and one cannot but noticed he was a true son of his father as he dresses like him, talks like him and engaged himself in religious matters and stay away from politics, these were the attributes he got from his father.

Little wonder he gets invited to events across the country as he is said to be the only one out of the Aare’s 37 children that is upholding the family name in matters of religion and donation.

He organises prayers and islamic lectures during festive periods and also give to the needy.

Idris was formerly the Managing Director of his dad’s Lister Company, he worked as the head of Lister for about five years before he left to start his own company.

Alhaji Abdulazeez Arisekola Alao was born on a Valentine’s Day, February 14, 1945, to the family of Alhaji Abdur Raheem Olatunbosun Olaniyan Alao and Alhaja Rabiatu Olatutu Abegbe Alao who hailed from Ajia in Ona Ara Local Government Area of Oyo State. The young Alao had his elementary education at St. Luke’s School, Adigun, and later ICC Primary School, Igosun, both in Ibadan, after persistent persuasion of one school teacher, Mr J.O. Oladejo, because he initially was not interested in the acquisition of Western education, as he was contended with Islamic education which he began at the age of three .

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On completion of his primary education in 1960, he sat for the entrance examinations into two of the notable schools; Christ School, Ado-Ekiti and Lagelu Grammar School, Ibadan. He was the best candidate in the Christ School examination, while he emerged as the third best candidate for admission into Lagelu Grammar School.

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However, despite his brilliance, he could not advance his western education as a result of the poor economic standing of his parents who were peasant farmers. But his lack of western education was compensated for by his sound Islamic education and a strong resolve. Buoyed by the zeal to survive and make a decent living, Alao ventured into business, armed with admirable qualities such as intelligence, shrewdness, truthfulness, aggressiveness and the determination to succeed. He had a brief stint with his uncle as an apprentice at Gbagi Market, Ibadan before going solo in 1961, selling Gammalin 20. Being a shrewd businessman, he was soon to become an agent of Imperial Chemical Industries.

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No sooner had he started his business did he become a household name in his locality and the old Western Region. He built up his business and used the platform to build a wide network in politics and religion. His involvement in and support for religious causes made the Muslim Ulamah in Yoruba land to confer on him the title of Aare Musulumi of Yorubaland in 1980.

Alao was a detrabilised Nigerian, who accommodated people irrespective of their religious or ethnic backgrounds. Ever supportive of other people’s dreams, Alao, despite the abortion of his dream of acquiring western education, helped the dreams of others with the establishment of Pa Raheem Alao Scholarship Foundation for indigent students of tertiary institutions.

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From Boardroom To Politics, Ex-First Bank Boss Eyes Oyo Governor’s Seat

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Adesola Adeduntan, the erstwhile Managing Director of First Bank has been named as one of the would-be successors of the Governor of Oyo State, Seyi Makinde come 2027.

 

The banker who was allegedly eased out of banking for some undisclosed misdemeanors is claimed to have began consultations as he charts a new path in politics.

 

Sources hinted that Adeduntan had been interested in an elective position but his participation was measured because of his banking career. But now, the coast is clear and he is already aligning himself with some stakeholders ahead of 2027.

 

A list of names including Ilaji boss, Dotun Sanusi, Taofeek Arapaja, Stanley Olajide and many more has features as interested minds gunning for the number one seat in Oyo, a list Adeduntan has recently joined.

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Ex First Bank Boss, Afonja Dies In Auto Crash

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-Femi Bamgbose

 

Details have emerged on Monday, 20th May, 2024 regarding the tragic death of a former Chairman of First Bank Plc, Ajibola Afonja.

 

The 82 year-old man was said to have died in a car accident.

 

The accident occurred somewhere around Oyo town.

 

Sources hinted papermacheonline that the former Minister popularly known by his company name ‘IDS’ Integrated Dimensional System was rushed to the University College Hospital, Ibadan where he eventually gave up the ghost.

 

The news spread like wildfire within the society circle across Oyo State where Afonja was highly revered.

 

Family sources claimed he would be buried today according to Islamic rites.

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‘How Yahaya Bello Withdrew Almost $1M From Kogi Account To Pay Child’s School Fees’ EFCC boss, Olukoyede

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The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that a former governor of Kogi State, Yahaya Bello, transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.

 

Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

 

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

 

“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

 

 

Olukoyede further stated that he personally reached out to Bello, offering him a chance to clarify the situation in a respectful setting within the EFCC office but the ex-governor reportedly declined to cooperate, citing fears of harassment from an unnamed woman.

 

The EFCC boss added, “I didn’t initiate the case; I inherited the case file. I called for the file, and I said there are issues here.

 

“On my own, I called him, which I am not supposed to do, just to honour him as an immediate past governor. ‘Sir, there are issues. I’ve seen this case file. Can you just come let us clarify these issues?’

 

 

“He said, ‘Ha! Thank you, my brother. I know, but I can’t come. There’s one lady that has surrounded EFCC with over 100 people to come and embarrass me and intimitade me.’

 

Bello was said to have suggested that the EFCC come to his village rather than conduct an investigation at the agency’s quarters.

 

“I said if that is the issue, I’m going to pass you through my own gate, and you will come to my floor. We will accord you that respect. I will invite my operatives; they will interrogate and interview you in my own office. What could be more honourable than that to allay the fear?

 

“You know what he said: ‘Thank you, sir, but can’t they come to my village? Olukoyede added.

 

The chairman also highlighted the agency’s achievements during his tenure, stating, “We have recovered close to 120 billion and secured over 1,600 convictions in six months.

 

“I’m so passionate about the need for us to move forward in this country. We need the EFCC to survive. There are so many victims that we have wiped tears off their eyes, people that have been swindled in their millions. Every day, we keep recovering money for victims.”

 

PUNCH Online reports that the EFCC chairman, Olukoyede, has vowed to resign from his position if Yahaya Bello is not prosecuted.

 

The EFCC is seeking to arraign Bello on 19 counts bordering on alleged money laundering, breach of trust, and misappropriation of funds to the tune of N80.2 billion.

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