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N3B Debt; AMCON Seals Ibadan Bizman, Gbenga James Office, Carts Away Luxury Cars

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On account of his indebtedness to AMCON the Ibadan office of the CEO of Avian Specialties, Gbenga James was over the weekend sealed off by officials of the institution.

The businessman was said to be owing about N3 billion, a debt bought over from Union Bank.

Gbenga James whose company ranks amongst the biggest in poultry farming in Nigeria had already been arrested by the EFCC alongside his wife.

A source gave a graphic description of how AMCON and the Nigerian police over the weekend stormed the Avian Specialty office in Challenge, Ibadan and carted away properties before they later sealed up the building.

The one-hour operation was said to have been led by one Saheed Fasanya with help from armed policemen.

The Asset Management Company of Nigeria was said to have allegedly stormed the Iyaganku home of the businessman where they also carted off his Bentley and some other luxury cars in his garage.

Gbenga James is one of the few ‘big boys’ that AMCON alleged to have ignored several demand notices for their non-performing loans thinking it was still business as usual.

It was gathered that AMCON is already facilitating lawful process to take over all his properties.

The Ibadan businessman is not new to such controversy. Some years ago he was arrested and detained by the EFCC for a poultry project he handled for Ekiti State Government where 800 million naira was alleged to have been misappropriated.

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Oyo Speaker, Debo Ogundoyin Fuels Guber Ambition Talks (begins consultation)

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There are whispers around Ibadan, the capital of Oyo State regarding the ambition of the Speaker of the Oyo State House of Assembly, Debo Ogundoyin to take over from the Governor, Seyi Makinde in 2027.

 

Those in the know claimed Debo, one of the sons of late socialites, Tina Ogundoyin is hinging his hopes in his cordial relationship with Governor Seyi Makinde and some other stakeholders in the State to achieve his ambition.

 

The Oyo Speaker, 36 is said to have began consultations towards this amidst his calculations of leveraging on his influence within the PDP and his hold on the Assembly.

 

Pundits had predicted a narrow chance for the young politician, putting down likely names of the Minister of Power, Bayo Adelabu and FIRS boss, Zaccheus Adedeji as better contenders in the APC than the youthful Speaker.

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Parrot Xtra Publisher Celebrates Hassan Fatungase At 60

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 Publisher of Parrot Xtra Magazine/PMParrot.com, Olayinka Agboola has sent out expressive greetings to his long-time friend and brother, Alhaji Hassan Taiwo Fatungase, former Bakers’ World, Ikeja, Lagos Director on the occasion of his 60th birthday anniversary.

 

In a statement  personally signed by Agboola, former Nigeria Coordinator for Ovation International Magazine described Alhaji Hassan Fatungase as the most selfless Nigerian he has ever encountered.

Agboola continued, “Hassan is not only selfless, he is intelligent, forward looking, hard-working, vibrant, resourceful, compassionate and above all, very God-fearing.”

The Ibadan-based media entrepreneur then went ahead to submit that the astute technocrat is a man who appreciates human beings and the value of friendship.

“Those who attended the University of Lagos with him in those days will attest to it that ‘Fatuu’, as he used to be called then would sacrifice anything to keep a working-relationship.

 

“Even when he joined one of the five-star hotels in Abuja in the early 90s, it did not take long before he was promoted to become the very first African to occupy a managerial position before he joined the Bakers’ World family business in Lagos. His records are still there till today.

Feats At Bakers’ World

“While running Bakers’ World located on Allen Avenue in Ikeja, Lagos, journalists, broadcasters, creative young Nigerians and others were encouraged by him. The records are also there for people to verify. There is almost no big name in the entertainment/media industry in Nigeria today that has not directly and/or indirectly benefitted from Hassan’s large-heartedness. As a matter of fact, he used to settle quarrels when differences and ‘head-on-collisions’ were reported to him!”

Agboola also went ahead to describe how the celebrant of the day has been faring since he became the chairman of Abimbola Awoliyi Estate, Oko-Oba in Lagos where he presently lives.

“Hassan is team-player and a man who keeps improving in good-naturedness even as a semi-retired bureaucrat. Residents of Awoniyi Estate will tell his story better. Since he became the chairman some three years ago, living standards have since improved.

“Together with other executive members, the Estate has been winning awards as one of the best in the whole of Lagos State. Solar lights, good roads, fibre-optic-source of internet, faultless security architecture and enhanced sociability…and other achievements have been recorded by the Fatungase-led team.”

Agboola, who was also a pioneer staff at Thisday Newspaper concluded “Dear friends and colleagues, please join me to pray for this quintessential lover of fairness and equity. May Allah continue to be with him, grant him sound health, more prosperity, divine protection and long life. May his wonderful family comprised of ‘Iyalaje’ Doyinsola and the children- Tomisin, Ahmed, Ibrahim and Idris continue to enjoy divine grace too. Happy birthday to our Director at Parrot Xtra Media Network, many happy returns of this day, September 26.”

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‘our silence is not an act of cowardice’ Olugbon Replies Obasanjo

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-Ayotunde Ayanda
The Olugbon of Ile-Ogbon, Oba Francis Alao has reacted to the recent public ridicule where former President Olusegun Obasanjo ordered some Oyo monarchs to stand up.
Some people interpreted it as a reprisal of an attack from the Olugbon, Oba Francis Olusola Alao against the former President in a radio interview where the monarch condemned Chief Obasanjo for opposing the ambition of President Bola Tinubu.
Chief Obasanjo was unapologetic as he defended his actions claiming the monarchs disrespected the Oyo State Governor, Seyi Makinde.
The Olugbon in  his response  called  it  an internal issue and hinted it will be addressed in the Oyo Council of  Obas next meeting.
Below is the message from the Olugbon’s palace…
The outburst of former president Chief Olusegun Obasanjo against traditional rulers in attendance at the inauguration of the Iseyin Campus of Ladoke Akintola University of Technology (LAUTECH) on Friday September 15  has generated anger and varied responses from true sons and daughters of Oduduwa in all sections of the society.
First and foremost, I will like to emphasize that the inauguration ceremony was a huge success while the road and campus projects represent another milestone in the development strides of Governor Seyi Makinde who has been working hard to take Oyo State to the next level of development.
All the royal fathers involved understand the pain caused by the incident and appreciate the well-placed reactions.
I wish to state that the incident is an internal affair which will be properly reviewed at the next meeting of the Oyo State Council of Obas and Chiefs.
Let me assure all Yoruba, and other well-meaning Nigerians who have respect for the traditional institution, and who feel concerned about the incident that our silence since Friday is not an act of cowardice. When we sit down with the Governor, and hold our next meeting, we will review and respond appropriately.
Our Governor respects us, and traditional rulers in Oyo State also hold him in high esteem.
I, therefore, sue for calm over this issue.
We want everybody to apply decorum in line with the Omoluwabi ethos for which Yoruba are greatly respected. Ile Yoruba land shall remain peaceful. Our unity is sacrosanct. These ethos must reflect in our day-to-day activities.
Let it, however, be well noted that traditional rulers in Oyo State have no regret in supporting Asiwaju Bola Tinubu and Governor Seyi Makinde in the last election, and will be willing to support them even in the future.
This is the clear position of monarchs in Oyo State. Any other information from anywhere that is contrary to this should be disregarded.
E-signed:
Oba Francis Olushola Alao
Olugbon of Orile-Igbon
Deputy Chairman,
Oyo State Council of Obas and Chiefs
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