Category Archives: Society

‘3sc Woes Not Financial, Shake Up Imminent’ -Chairman, Gbolagade Busari

gbolagade_busari

The Executive Chairman of the Shooting Stars Sports Club, 3SC, Mr Gbolagade Busari has hinted that major decisions at improving the fortunes of the club will be made in a matter of weeks, emphasizing that the club’s poor performance was not due to the lack of funding.

He said that both the players and the technical crew are going to be evaluated by the management with proper restructuring in the pipelines.

Busari, therefore, appealed to the teeming fans of the team to remain calm, assuring that necessary measures will be put in place to marshal the team back to the premiership in due course.

This was after the unfavorable outcome of Gombe United / Wikki Tourists rescheduled match in Maiduguri.

He disclosed that the current situation of the team was not as a result of lack of adequate support from the government, stressing that 3SC is the only agency that still gets its monthly subvention regularly from the government despite the cash crunch in the country.

Also, Mr. Gbolagade Busari on Sunday in Ibadan, explained that the Club, 3SC, gets monthly subvention of N12m for players’ salaries, technical crew and administrative staff while gate takings (at an average of N1m per match with the money realized from sponsorship deals) are all utilized for match prosecution, allowances as well as bonuses of the players.

He went further that no one should put the blame of the team’s poor performance at the door steps of the government but rather the commitment of the players.

Gov Fayose’s Brother, Emmanuel In Auto Crash!

21105523_734688693404520_3985018964423029856_n

The household of the Ekiti State Governor, Peter Ayodele Fayose had every cause to thank the Lord as one of the prominent members of the family, Emmanuel survived a ghastly car crash some days ago.

According to information sourced by Papermacheonline, the businessman was travelling from Abuja to Ekiti where his Governor-brother was being honoured with a chieftancy title by the Ewi of Ado-Ekiti, Oba Rufus Adeyemo Adejugbe when the tyre of the Prado jeep he was travelling in bursted on top speed and the car somersaulted.

The visibly shaken Emmanuel was dragged out of the car by other road users who witnessed the accident.

The young man was said to be in a good condition as he got out of the crash without any injury.

The news got to Governor Fayose through his aides and he was said to have immediately ordered a two-car convoy to go to the crash scene and fetch his brother.

The Ewi of Ado Ekiti, Oba Rufus Adeyemo Adejugbe, conferred chieftaincy titles on the governors of Ekiti and Gombe States, Mr Ayodele Fayose and Alhaji Ibrahim Hassan Dankwambo, respectively. Also honoured was the wife of Gombe Governor ,Hajia Ummi Adama Dankwambo and a member of House of Representatives , representing Remo Constituency in the House of Representatives and governorship.21078702_734688736737849_3977956874011350479_n

(photo news) Kayrom Lee Boss, Romoke Ayinde Honoured By The Rotary Club, Agodi

IMG-20170809-WA0010

IMG-20170809-WA0007

All The Investments That Put Bayo Adelabu In Trouble (details of his encounter with the EFCC+political ambition in jeopardy)

16819420_938639379606017_3374853744788585295_o

One of the Deputy-Governors of the Central Bank of Nigeria, Chief Bayo Adelabu is at the moment fighting the biggest battle of his life.

Adelabu was invited and interrogated some days ago by the EFCC in Lagos for abuse of office and role in the alleged siphoning of shareholder funds via phoney loans.

Sources with knowledge of the development told us that investigators believe that Adelabu, who is presently serving as one of the Deputy Governors at the Central Bank of Nigeria (CBN), allegedly connived with Oba Otudeko to arbitrarily approve loans running into several billions of naira which have since gone bad.

The recklessness of the bank bosses prompted the CBN to introduce stiffer corporate governance rules to protect shareholder funds from being abused by insiders.

In Adelabu’s case, many other accidental deep pockets have probably learnt few had lessons on the dos and don’ts of executive banking, morality and citizenship. This are certainly the worst of times for him. Adelabu, who is believed to have amassed a huge war chest, is preparing a bid for the governorship of Oyo State in 2019.

In his bid to win the Governorship election in Oyo State come 2019, the banker has invested hugely in his hometown, Ibadan to drum the support of the people.

With reckless abandon unusual with people in public office Bayo Adelabu has solely financed and owned an ultramodern Shopping Centre on Rring road, Ibadan, a 34-flats serviced bedroom apartments at Oni and Sons street, Ibadan, the highbrow Bayseone Hotel in Jericho, Ibadan and his recent investment being the most expensive hotel in the city, Best Western Hotel tucked inside the Iyaganku GRA, iBADAN.

All these investments were said to have been traced and would likely be answered for as the anti=fraud commission has beamed its searchlight on the activities of the billionaire, a grandchild of late Ibadan popular politician, Chief Adegoke Adelabu.

The recent occurrence is said to have had a dent on his political career as his handlers in Oyo State are working hard to distract the people from the incident.

He was interrogated for hours on Monday at the Ikoyi, Lagos office of the EFCC and subsequently released on administrative bail. EFCC sources say he is expected to return to the agency for further questioning and may be charged to court for fraud and insider abuse when investigations are concluded.

Additional Information from The Capitalng.bayse-one-place-oyo-53384IMG_20150405_075110

Emmanuel Uduaghan, Nike Akande, Patrick Doyle, Nikki Laoye, others step out for 20th anniversary celebration of ‘Inside Out with Agatha’

Nike Akande, Agatha Amata and Sarah Sosan

Nigeria’s longest-running independent television talk show, ‘Inside Out with Agatha’ celebrated Agatha Amata’s 20th year anniversary as host of the show, as friends, celebrities and other well-wishers gathered for a gala dinner yesterday at the Harbour Point, Victoria Island, Lagos.

In attendance at the event were former governor of Delta State, Emmanuel Uduaghan, his wife, Roli Sheila Uduaghan; President, Lagos Chamber of Commerce and Industry, Nike Akande, CON; Special Adviser to the Governor of Lagos State, Honourable Kehinde Bamgbetan; Nikki Laoye, amongst others.

Mrs. Akande delivered the goodwill message, while Mr. Emmanuel Uduaghan gave a testimonial narrating his first meeting with the host, Agatha Amata.

Representing the governor of Lagos State, Akinwunmi Ambode, the Special Adviser to the Governor, Honourable Kehinde Bamgbetan, delivered the keynote address.

The evening ended with the announcement of Sandra Eze – winner of The Search TV show – as the new face of ‘Inside Out with Agatha’.

Ex-Speaker, Dimeji Bankole Puts Properties On Sale

Dimeji-bankole (1)

For unknown reasons, former Speaker of the House of Representatives, Dimeji Bankole has placed ‘For Sale’ on some of his properties.

The politician who is believed to be warming up to succeed Governor Ibikunle Amosun as the Governor of Ogun State has placed his Abuja home located in the highbrow Asokoro and his hotel, Grand-Banks Link, Ota on sale.

Many hinged his decisions to ‘fling’ the properties on part of the move to sustain the bid to actualise his ambition.

An insider hinted ‘he needs money badly! You know he is tight-fisted, now he needs to prove himself and spend’.

The Hotel which many of the staffs thought will be given to a consultant to manage, witnessed properties valuers visiting the leisure centre since last week.

Checks however revealed unlike in the early days of this year, activities at his campaign offices across Ogun state has dwindled to halt, with some actually locked up.

Heritage Bank Fights To Dispel N150M Fraud Charge

AAEAAQAAAAAAAAjDAAAAJGNhODgzNjQ2LWU3NzQtNDU4OS1iYWRiLWQxNmE1YTQ4NjIwNA

Top financial isntitution, Heritage bank is fighting tooth and nail to counter the allegation that some of its staffers are involved in a N150 million fraud.

Employees of telecommunications company, MTN are also fingered in the alleged fraud reports claim is receiving interest from the police.

The bank claimed the report was not correct citing that all those fingered in the fraud that saw bankers steal funds from customers account and telecoms employees prevent them from receiving alerts are not staffers of Heritage bank.

Handlers of the financial institution are currently bombarding the social media space with the bank’s position – even as the story of alleged fraud refuse to die.