Tag: adenuga

  • Dangote, Adenuga, others to be honoured with Africa Int’l Achievers Award

    Africa international achievers, among them,Alhaji Aliko Dangote, Group Chairman, Dangote Group; Otunba Mike Adenuga, Founder, Mike Adenuga Foundation; Dr. Raymond Dokpesi,  Chairman Emeritus, DAAR Group; Hon. Justice Maria Do Ceu Silva Monteiro, President, ECOWAS Community Court of Justice are to be honoured in Accra, Ghana.

    The award is been anchored by Africa International Achievers Conference and Awards (AIACA).

    The Chairman, AIACA Organizing Committee/Board of Advisors of MediaStead International Limited, His Grace, Arch-Bishop Dr. Benjamin Obomanu, who described the AIACA as an avenue for African Leaders to converge and discuss on ways to tackle leadership failures and how to get Africa out of the economic quicksand slowing down the continent’s progress.

    He said the award is a way of ensuring motivation for the duplication of achievers and achievements; stressing that it is always good to extend a helping hands when God is helping us.

    As all hands are on deck to ensure a smooth conference and awards at AIACA 2015, we wish our participants and awardees greater successes and the eagle vision to set higher trends for posterity.

    This august and epoch making summit and honour is the brainchild of MediaStead International Limited in conjunction with Africa Elite and Teem Magazines.

    The event which comes up at the M.J Grand Hotel, Accra Ghana,  is designed for a speedy developmental impact that will leapfrog unprecedented socio-economic, cum leadership advancement, an urgent development revolution that appears to be the sine qua non for growth in a continent that direly seeks to attain relevance in the comity of great continents.

  • Adenuga, Kalu hail Awujale at 80

    Adenuga, Kalu hail Awujale at 80

    Globacom Chairman Dr. Mike Adenuga Jr. and former Abia State Governor Dr. Orji Kalu have felicitated with the Awujale of Ijebuland, Oba Sikiru Adetona, on his 80th birthday.

    In a congratulatory letter to the monarch, Adenuga described him as “a living legend, whose acts, thoughts and aspirations have continued to lift Ijebuland and its people”.

    He said: “In the 54 years of Alayeluwa’s reign, Ijebuland has transmuted into international reckoning due to Oba Adetona’s untiring efforts to develop our land. It is on record that the monarch leveraged on his personal contacts and those of his subjects to reposition Ijebuland and its people, who are considered as legendary masters in leadership, commerce and industry.

    “Oba Adetona is the quintessential Ijebu who has defined the never-say-die entrepreneurial spirit unique to the race. As a nationalist and detribalised patriot, he has built bridges of friendship across various ethnic divides. It is remarkable that Alayeluwa has re-invented the Ojude Oba Festival into a global event enthusiastically supported by devotees of all religions, thus promoting religious harmony.”

    Adenuga saluted the monarch’s love for education, “typified by his enrolment at the National Open University in his quest to make history as the oldest monarch to bag a degree in law”.

    He wished Oba Adetona sterling health and prosperity.

    Kalu, in his goodwill message, described the Awujale as a rare monarch, who has remained steadfast in fighting for the progress of Ijebuland.

    He said: “Your Majesty, I join millions of your well wishers in celebrating your 80th birthday. Your reign has witnessed peace and intimidating development in Ijebuland. It is my prayer that God Almighty will continue to give you wisdom in running the affairs of Ijebu Kingdom.”

    Kalu urged Ijebu sons and daughters to continue to support the monarch with prayers and wished Oba Adetona good health and many more years.

  • Bella  Adenuga  Disu  prepares  for new  baby

    Bella Adenuga Disu prepares for new baby

    BELLA Disu, nee Adenuga, Globacom’s Group Executive Director, is preparing to give the billionaire businessman another grandchild. Bella, sources disclosed, has relocated to America in preparation for the tiny tot.

    Bella has been described as the apple of her billionaire dad’s eyes. Little wonder he gave her an elaborate wedding in 2010. Bella is also the first to give the holder of the Grand Commander of the Order of Niger (GCON) a grandchild.

  • Obesere dedicates  album to Mike Adenuga

    Obesere dedicates album to Mike Adenuga

    ACE Fuji musician, Abass Akande Obesere, a.k.a PK 1st , is set to release an album solely dedicated to appreciating business mogul and chairman of telecoms giant, Globacom. The album which was presented to Mike Adenuga a couple of weeks ago will be formally launched according to the artiste after the Ramadan period under the auspices of Moshebolatan Records, owned by the Chairman of Music Association of Nigeria (M.A.N).

    This was disclosed at a press briefing on Thursday, where the artiste described Mike Adenuga as a rare gem, who obviously doesn’t know how positively he is affecting the lives of many Nigerian’s, directly and indirectly.

    “A man that has done tremendously well for the entertainment industry should be duly appreciated. It’s a simple case of ‘don’t judge a book by its cover’. It is important that you get close to someone before you have an idea of the person. He is a man of total humility; I have been hearing and seeing the good things he has been doing. I know that one of my colleagues, Wasiu Alabi Pasuma, was recently endorsed by Mike Adenuga. So many artistes out there that who never believed that they could make anything for themselves have been touched one way or the other by this same man.”

    Commenting on the inspiration behind the album, he said: “With all he has done for artistes, I have not seen anyone do a song of gratitude to him, except King Sunny Ade, which was a long time ago. If he has done positive things for my colleagues, it means he has done for me too and it is only right that I appreciate him. I met Mike Adenuga at an award function where we were both awarded in different categories but his humility is what got to me.

    “I did not make this album with any ulterior motive in mind. I just did it to compliment an exemplary person,” Obesere explained.

  • Club Owners commend Adenuga,  Glo on League Sponsorship

    Club Owners commend Adenuga, Glo on League Sponsorship

    PREMIER League club owners in Nigeria have expressed satisfaction over the return of Tele communication giant and second National carrier Globacom into the sponsorship of the NPFL league just as they called on other corporate organizations to emulate Glo and partner with the League management company to improve the standard of football in general.

    Addressing journalists at his Jojein hotel lodge Airport road In Akure Sunday shortly after his team ABS FC Ilorin held Sunshine Stars to a goaless draw, Acting secretary of the Club owners and General Manager of ABS Alloy Chukwuemeka said the return of Glo to the league after over two years of no title sponsor for the league is a big boost to the system.

    He said that the 20 premier league clubs have fully endorsed the return of Glo and have extended their goodwill message to Chief Mike Adenuga and the entire organization for the general support to develop Nigeria football and other sports.

    On the percentage of the sponsorship deal accruable to the clubs, Chukwuemeka said the LMC and Representatives of the clubs are already discussing on the sharing formular even as he was silent on a specific percentage figures.

    According to him ” we as the club owners are happy with Glo’s return to the league as title sponsors and as am speaking to you now, very soon clubs will smile to the bank after over two years of sponsorship drought. ‘ Yes of course we commend chief Adenuga and the entire Glo family for agreeing to take up the deal even after the league has gone up to week 10, it shows their level of concern, sacrifice and commitment to help the league to grow,” he said.

  • IBB on Adenuga, OBJ and allied issues

    IBB on Adenuga, OBJ and allied issues

    Consequent upon the annulment of the June 12, 1993, presidential election won by the late Alhaji M.K.O. Abiola, Nigeria headed for the precipice. It took the fleeting emergence of Chief Ernest Shonekan for some fragile stability and graveyard peace to be achieved.

    Shortly thereafter, the late Gen. Sani Abacha came on the scene by dismissing the interim government headed by Chief Shonekan through a coup. The bespectacled General clamped a lot of people into jail and routinely made the prison yards nationwide the habitation of real and imaginary ‘troublemakers’, particularly the advocates for the restoration of democracy to Nigeria on the vociferous and popular NADECO platform.

    On the heels of the revalidation of democracy by General Abdulsalami Abubakar, who assumed the reigns of leadership following Abacha’s death, it took massive persuasion to get Obasanjo to return to power as a civilian head of state. One of the dignitaries that visited the Ota farm settlement of Obasanjo immediately after his release from incarceration was former head of state, General Ibrahim Badamosi Babangida (IBB), GCFR. The mission was to encourage OBJ to accept the responsibility circumstance had thrust on him with Abiola’s controversial transition.

    That trip was long before OBJ eventually became the country’s president and began to drive rough thereafter, forgetting where he was coming from, God’s intervention in his rescue from Abacha’s gulag and his antecedents generally. Astonishingly, almost all the people who played key roles in the enthronement of OBJ as Nigeria’s president gradually became his targets for witch-hunt, assault and needless embarrassment.

    It must be underscored that OBJ is a very amnesic, vindictive and pretentious human being—all traits resoundingly confirmed by events before, during and even after his wasted eight-year presidency!

    While in office, OBJ established the Economic and Financial Crimes Commission (EFFC) with its first chairman as Alhaji Nuhu Ribadu. At the outset of this laudable agency there were dispassionate efforts at rooting out corruption and other criminalities from this clime. Along the line, the agency derailed and became OBJ’s instrument for humiliation, intimidation, oppression, subjugation, suppression and witch-hunt of all manner of ‘enemies’ and their perceived friends.

    So, without recollecting the roles IBB and former Vice-President Atiku Abubakar, among others, played pursuant to his disastrous presidency in terms of political strategy and moral backing, he covertly unleashed the EFCC on them, including the ACN leader Asiwaju Bola Ahmed Tinubu. Ribadu graciously confirmed this at the presentation of a book in honour of the late Abiola by Dr. Olatunji Dare not long ago and further made a testament to futile pressures on him to criminalize Tinubu at all costs!

    The relationship between IBB, Adenuga and OBJ informed this essay in the light of IBB’s congratulatory message to Adenuga on his diamond anniversary a fortnight ago, as published in major Nigerian newspapers, including this racy medium, naturally (extracts below).

    Shortly before the end of his tenure as third-time president of this country, OBJ reopened the missing $2.8 billion Gulf War accruals (windfall) and declared that all those involved in the looting of the money will be tried in obvious reference to IBB whose government was in power when the incident happened. In fact, there were talks that IBB may be arrested to explain the alleged misappropriation! That never happened apparently because of the backlash such jaundiced inquisition will elicit.

    The next victim of OBJ was the chairman and principal owner of Globacom, Otunba Mike Adenuga, Jr. (GCON). As usual, the EFFC was let loose on ‘Mr. Glo.’ What were his offences? His enduring friendship with IBB and parleying with Atiku instead of supporting his third-term fiasco! Not surprisingly, the EFFC furiously went after Adenuga. What were the additional charges? ‘The Bull’ was allegedly fronting for IBB in the ownership of Globacom! When that script was torn to shreds, the EFCC and its principal (OBJ) could not understand why and how ‘The Guru’ should be the core stakeholder in the multi-billion telecoms project (forgetting that he is one of the world’s 258 richest men, according to Forbes magazine). So, the next thing was to get to the root of the suspicions through the invasion of Adenuga’s home and offices on Victoria Island in a Gestapo way in search of implicative documents, unsuccessfully. At a point in the ensuing drama, the EFCC made a volte-face and said it was IBB’s son and next governor of Niger State, Muhammed, who held his father’s purported equity in Globacom! The victimization got to a point that when Adenuga travelled to Paris during the EFCC siege, the combative agency issued a vitriolic statement that he had fled the country to foreclose arrest and the misinformation spread like a hurricane and people were calling me to find out the truth and the multi-billionaire’s whereabouts as a corporate affairs strategist in one of his companies then! Overall, the EFCC brouhaha ended in a fiasco as there was no iota of truth in its principal’s weird imagination and despotic machination.

    The point must be noted that Adenuga was vindicated at the end of the day. It took the courageous, unquestionable, unimpeachable and trustworthy intervention and royal guarantee of Kabiyesi Alaiyeluwa, Oba (Dr.) S. K. Adetona, CFR., when Adenuga returned from France shortly after the unwarranted invasion of his person and institutions to broker a final resolution and emancipation of ‘Mr. Glo’ from the unnecessarily vindictive and jealous clutches of OBJ when he was in power for the last time! Never again!

    Now the vintage message from IBB to Dr. Mike Adenuga, Jnr., GCON, on his 60th Birthday, which, I am sure, most people did not flag! It is instructive and partly goes thus: “…The fact that you treasure the virtue of true friendship and loyalty to any cause you believe in gives you the cutting edge. I am eternally grateful for all the troubles you had to go through because of me in the hands of a regime that tried to derail our friendship and relationship.

    “Even when you came under severe pressure by that same regime which I helped to nurture (emphasis mine), to blackmail me in order to hang me, you remained eternally loyal and steadfast. Only a businessman of character, sound upbringing and virtue could choose friendship instead of his economic empire. Only a man of delectable poise, with an open mind and fear of God, would choose to sustain an age-long relationship instead of sacrificing same at the altar of avarice, greed and economic interest.

    “Such tribulations are prices we have to pay for true friendship…I remain grateful for being a true friend indeed.”

    The foregoing extracts speak volumes of the uncanny character of the Ota farmer! Who can name the symbol of devilishness for me? I already have an exemplar in the person of…as if you didn’t know! Do I need to add that the instructive anniversary message from IBB for The Bull—and to the bully from Ota—made my day? I read it voraciously and internalized the import of it all. I implore those who did not read it to get a copy and digest it for personal edification.

    •Wabara is a perception manager based in Lagos.

  • Dangote, Adenuga, Ibeto for dinner with Jonathan

    President Goodluck Jonathan will tomorrow in Abuja host a special dinner for chief executive officers (CEOs) of major companies in the country.

    Also expected to attend the strictly-by-invitation dinner are governors, members of the Federal Executive Council (FEC) and members of the Diplomatic Corps.

    The event tagged: “A Centenary Dinner with Top Nigerian CEOs” is part of the year-long ceremonies marking Nigeria’s Centenary, the grand finale of which is slated for January 1, next year. The Centenary and all its activities is completely private sector-driven.

    Among the notable Nigerian CEOs expected to attend the dinner are Alhaji Aliko Dangote, Dr. Mike Adenuga, Chief Cletus Ibeto, Mr. Hakeem Bello-Osagie, Mrs. Stella Okoli, Mrs. Sola David-Borha and Ms. Evelyn Oputu.

    The celebrations are designed around the key concepts of unity, indivisibility, virility, progress and promise of the Nigerian Federation. It is intended to present an opportunity for Nigerians to count their blessings, celebrate their dexterity and resilience as a people. It is hinged on the fact that the story of Nigeria is one of admirable and remarkable progress. Nigeria’s 100th birthday therefore provide a wonderful opportunity for all Nigerians to proudly celebrate and share in the nation’s story of freedom, achievements and aspirations.

     

  • Dangote, Adenuga on list of the rich

    Dangote, Adenuga on list of the rich

    Two Nigerian billionaires have made the Forbes’ list of the world’s richest.

    Dangote Group of Companies President Aliko Dangote is number 43, moving up from 76 last year, on the list of about 1,500 billionaires. His net worth is $16.1 billion.

    Globacom chief Mike Adenuga Jnr. is number 267 on the list, with a net worth of $4.7 billion.

    Mexican telecoms giant Carlos Slim is, once again, the world’s richest person, followed by Bill Gates. Amancio Ortega of Spanish retailer Zara moves up to No. 3 for the first time. He is the year’s biggest gainer, adding $19.5 billion to his fortune in one year. He moves ahead of Warren Buffett, despite the fact that the U.S. investing legend added $9.5 billion to his fortune. This is the first year since 2000 that Buffett has not been among the top three.

    Forbes said the ranks of the world’s billionaires reached all-time highs. The 2013 Forbes Billionaires list now boasts 1,426 names, with an aggregate net worth of $5.4 trillion, up from $4.6 trillion. The U.S., once again, leads the list with 442 billionaires, followed by Asia-Pacific (386), Europe (366), the Americas (129) and the Middle East & Africa (103).

    Resurgent asset prices are the driving force behind the rising wealth of the super-rich around the globe. While last year almost as many fortunes fell as rose, this year gainers outnumbered losers by four-to-one. Many new names made the list, thanks to free-spending consumers. To name but a few: Diesel jeans mogul Renzo Rosso at $3 billion, retailer Bruce Nordstrom at $1.2 billion and designer Tory Burch at $1 billion.

    Dangote retains his position as Africa’s richest man for the third year in a row. The past year has been eventful for 55-year-old Dangote. In October, he sold off a controlling stake in his flour milling company to Tiger Brands of South Africa. He pocketed $190 million in cash. In February, his Dangote Sugar Refineries acquired a 95% stake in Nigerian sugar producer Savannah Sugar, in a bid to maintain its dominant position in the Nigerian sugar industry.

    Dangote stepped up his philanthropy in the past year, giving over $100 million to causes ranging from education to health, flood relief, poverty alleviation and the arts. He also acquired a yacht, which he named after his mother, Amiya. Dangote started building his fortune more than three decades ago when he began trading in commodities, such as cement, flour and sugar, with a loan he received from his maternal uncle. He delved into full production of these items in the early 2000s and went on to build the Dangote Group, West Africa’s largest publicly-listed conglomerate, which now owns sugar refineries, salt processing facilities and Dangote Cement, the continent’s largest cement producer. A fitness buff, Dangote jogs every day.

    Adenuga built a fortune in mobile telecom and oil production. He founded Globacom, Nigeria’s second largest mobile phone network, in 2006. It has 24 million customers in Nigeria, operates in the Republic of Benin and recently acquired licences to roll out in Ghana and Cote d’Ivoire. His Conoil Producing is one of Nigeria’s largest independent exploration companies, with a production capacity of 100,000 barrels of oil per day. Adenuga made his first fortune at 26 in the 1970s by distributing lace and other materials.

    Other Africans who made the list include Mohammed Al-Fayed, Isabel dos Santos and Desmond Sacco.

    More women have joined the ranks of the world’s wealthiest. Of the 1,426 people on the new 2013 Forbes list of the world’s billionaires, 138 are women. That’s up from 104 women last year. New women billionaires include fashion designer Tory Burch and Hong Kong finance executive Pollyanna Chu.

    The world’s richest woman is Liliane Bettencourt, the 90-year-old heiress to a 30% stake in cosmetics group L’Oreal. With a fortune that Forbes pegs at $30 billion –up $6 billion from last year – she ranks ninth wealthiest overall. A surge in the value of L’Oreal shares over the past year helped put her back among the top ten richest for the first time since 1999. Bettencourt, a widow who suffers from dementia, was replaced on the L’Oreal board in February 2012 by her grandson, Jean-Victor Meyers. In 2011, her fortune was put under the guardianship of her daughter, Francoise Bettencourt-Meyers, after a three-year legal battle.

    The second richest woman is Christy Walton of the U.S., who inherited her husband John Walton’s stake in Wal-Mart when he died in a plane crash in 2005. She clocks in at $28.2 billion — up nearly $3 billion from a year ago due to an increase in the price of Wal-Mart stock.

    The third richest woman is yet another Walton family member — Alice Walton, daughter of visionary retailer Sam Walton, who founded Wal-Mart with his brother in 1962. Alice Walton, ranked number 16, has a net worth Forbes estimates $26.3 billion, up several billions from the previous year. Walton opened her Crystal Bridges Museum of American Art in Bentonville, Arkansas in 2011. It features works from her personal collection.

     

  • Mike Adenuga gears  up for 60th birthday

    Mike Adenuga gears up for 60th birthday

    It is a season of celebration for the Chairman of Globacom, Dr. Mike Ishola Adenuga Jnr. The pillar of sports in Africa is visibly excited about her approaching 60th birthday. The business mogul will clock 60 on April 29.

    Although the nature of the celebration remains under wraps, those in the know are already gearing up to celebrate the man who changed the face of telecommunication business in Africa. The Apesin of Ijebuland has played a major role in the development of the Nigerian economy. Like a bull, he braves the odds of the difficult business environment in Africa with a strong blend of determination and tenacity of purpose.

    From an early age, he had always wanted to make a difference. And rather than take the well beaten path of mediocrity, he followed the narrow path of seriousness, dedication and diligence.

  • Adenuga gives Bayelsa flood victims N500m

    Adenuga gives Bayelsa flood victims N500m

    •Dickson pledges to use fund judiciously 

    Chairman of indigenous telecommunications company, Globacom, Dr. Mike Adenuga Jnr, has donated N500 million to flood victims in Bayelsa State.

    Presenting the cheque to Governor Seriake Dickson in Abuja yesterday, Adenuga said he was touched by the plight of the victims.

    He hailed the various steps taken by states and the Federal Government to cushion the effects of the floods, adding that his contribution would make life easier for the victims.

    Dickson, who led a high-power delegation from the state to Adenuga’s home praised the businessman.

    He thanked Adenuga for “expressing such deep concern and love for Bayelsa people” and assured him that the money would be used judiciously.

    The governor said he has set up a post-flood management committee, headed by former National Security Adviser (NSA) Gen. Andrew Owoye Azazi, with credible and eminent persons as members.

    He said the calibre of persons on the committee underscores the government’s resolve to ensure that the donations are expended on the victims.