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Succour For Atiku As Ibadan Billionaire, Kola Karim Shells Out $30M Support Fund

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Kola Karim, the polished and stylish international businessman and CEO of Shoreline Energy has a specialty, starting companies and nurturing them to success. Building extremely viable international partnerships is also one of his innate characteristics. What many may however not know about him is that he is fiercely loyal to his friends and whenever any of his friends needs support, he is always there to lend a hand. If his friend has an aspiration, to him, it is all or nothing. He never supports in half measures; he goes the whole hog.

The news now is that Kola Karim has built yet another partnership. Thanks to the man whose company recently acquired 51% stake in Entrepose, a leading provider of construction and mechanical services to International Oil Companies, Alhaji Atiku Abubakar’s presidential campaign has received a major boost.

Kola Karim has promised a support of $ 30.5 million. He also promised another ₦ 9 billion before the end of January. With that, Atiku will have no problem prosecuting his presidential campaign. Apart from the funds coming at the right time, it will most likely turbo-charge the former Vice-President’s campaign which is already moving at full gallop.

Those in the know have revealed that the relationship between Atiku and Karim did not just start. They have been close from way back and not only does Atiku believe in him as one of Nigeria’s most successful entrepreneurs, he had always seen greatness in him even as a young entrepreneur. Karim on the other hand believes in the Atiku project, especially for the good of Nigeria and Nigerians.

Apart from Shoreline where he is the CEO, Karim controls a number of other companies including Costain West Africa where he is Chairman of the Board. 49-year-old Kola Karim has also been a Director of Nigerian Ropes Plc since March, 2008.

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Ajimobi’s Eldest Child, Bisola Dies In The UK

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Late Governor Ajimobi’s first child, Bisola is dead!

 

News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.

 

The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.

 

Married to Kolapo Kola-Daisi, their marriage is blessed with three children.

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EFCC Arrests Top Businesswoman, Aisha Achimugu

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The Economic and Financial Crimes Commission (EFCC) recently arrested prominent businesswoman and socialite, Aisha Achimugu, following allegations of fraudulent activities related to a multi-million-naira contract awarded to her company by a South-West state.

Achimugu, who serves as the Chairman of Bluewave Exploration and Production Limited, was detained last weekend after a civil society group filed a petition accusing her of involvement in dubious dealings concerning the contract. She was granted bail the following day but has been instructed to return for further questioning in the coming week.

Beyond her corporate endeavors, Achimugu is well-known in elite circles across Lagos and Abuja. Her social media presence showcases a lavish lifestyle, featuring exotic vacations, exclusive yacht parties, and private jet travels.

This arrest marks a significant challenge for Achimugu, whose business empire and social standing are now under intense public scrutiny. The EFCC’s investigation is ongoing, and the outcome may have far-reaching implications for her career and reputation.

A source hinted that Achimugu was asked by the commission to report back on the 30th of March,2025 for further questioning.

Not really bothered by the investigation, the billionaire days after her arrest launched a 30-day feeding Ramadan programme where she targets the less-privileged.

 

Additional Information- Streetjournal Magazine

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Obasa Missing as Lagos Assembly Sits, Lauds President Tinubu

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The Lagos State House of Assembly convened for a crucial legislative session yesterday, but an unexpected absence stole the spotlight, the ousted Speaker Mudashiru Obasa was nowhere to be seen. The sitting, which focused on key legislative matters and a commendation of President Bola Ahmed Tinubu’s leadership, went on without Obasa, raising eyebrows among lawmakers and political observers alike.

New Speaker Mojisola Meranda presided over the proceedings, ensuring the session ran smoothly. During deliberations, the lawmakers took turns applauding President Tinubu for his strides in governance, particularly his economic and infrastructural policies aimed at revitalizing Lagos and Nigeria as a whole. However, whispers about Obasa’s absence could not be ignored.

Sources within the Assembly remained tight-lipped on the reason for his nonappearance, fueling speculation.

As lawmakers dispersed after the session, the big question lingered where was  Obasa? For now, the mystery remains, but all eyes will be on the next sitting to see if the seasoned politician resurfaces.

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